Document:

Exhibit 4.3

EXECUTION VERSION 

 

MORGAN
STANLEY CAPITAL I INC.,

as Depositor

Wells
Fargo Bank, National Association,

as General Master Servicer

RIALTO CAPITAL ADVISORS, LLC,

as General Special Servicer

National
Cooperative Bank, n.a.,

as NCB Master Servicer and as NCB Special Servicer

COMPUTERSHARE
TRUST COMPANY, NATIONAL ASSOCIATION,

as Certificate Administrator

WILMINGTON TRUST, NATIONAL ASSOCIATION,

as Trustee

and

PENTALPHA
SURVEILLANCE LLC,

as Operating Advisor and as Asset Representations Reviewer

 

POOLING
AND SERVICING AGREEMENT

Dated as of May 1, 2022

 

Commercial Mortgage Pass-Through Certificates

Series 2022-BNK41

    	1

    

    

TABLE OF CONTENTS

Page

	Article I

                                                                          

                                                                         DEFINITIONS
	6
	Section 1.01         	Defined Terms.	6
	Section 1.02   	Certain Calculations.	145
	Article II

                                                                          

                                                                         CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF CERTIFICATES
	146
	Section 2.01   	Conveyance of Mortgage Loans.	146
	Section 2.02   	Acceptance by Trustee.	153
	Section 2.03   	Representations, Warranties and Covenants of the Depositor; Mortgage Loan Sellers’ Repurchase or Substitution of Mortgage Loans
for Defects in Mortgage Files and Breaches of Representations and Warranties.	159
	Section 2.04   	Execution of Certificates; Issuance of Lower-Tier Regular Interests.	175
	Section 2.05   	Creation of the Grantor Trust.	176
	Article III

                                                                          

                                                                         ADMINISTRATION AND SERVICING OF THE TRUST FUND
	176
	Section 3.01   	Master Servicers to Act as Master Servicers; Special Servicers to Act as Special Servicers; Administration of the Mortgage Loans, the
Serviced Companion Loans, and REO Properties.	176
	Section 3.02   	Collection of Mortgage Loan Payments.	185
	Section 3.03   	Collection of Taxes, Assessments and Similar Items; Servicing Accounts.	191
	Section 3.04   	The Collection Accounts, the Lower-Tier REMIC Distribution Account, the Upper-Tier REMIC Distribution Account, the Companion
Distribution Account, the Interest Reserve Account, the Excess Interest Distribution Account, the Gain-on-Sale Reserve Account
and the Retained Certificate Gain-on-Sale Reserve Account.	196
	Section 3.05   	Permitted Withdrawals from the Collection Accounts, the Distribution Accounts and the Companion Distribution Account.	202
	Section 3.06   	Investment of Funds in Collection Accounts, REO Accounts and Loss of Value Reserve Fund.	213
	Section 3.07   	Maintenance of Insurance Policies; Errors and Omissions and Fidelity Coverage.	215
	Section 3.08   	Enforcement of Due-on-Sale Clauses; Assumption Agreements.	222

    	 	-i-	 

    

    

	Section 3.09         	Realization Upon Defaulted Loans and Companion Loans.	228
	Section 3.10   	Trustee and Certificate Administrator to Cooperate; Release of Mortgage Files.	232
	Section 3.11   	Servicing Compensation.	233
	Section 3.12   	Inspections; Collection of Financial Statements.	241
	Section 3.13   	Access to Certain Information.	247
	Section 3.14   	Title to REO Property; REO Account.	261
	Section 3.15   	Management of REO Property.	262
	Section 3.16   	Sale of Defaulted Loans and REO Properties.	265
	Section 3.17   	Additional Obligations of Master Servicers and Special Servicers.	272
	Section 3.18   	Modifications, Waivers, Amendments and Consents.	275
	Section 3.19   	Transfer of Servicing Between Master Servicers and Special Servicers; Recordkeeping; Asset Status Report.	289
	Section 3.20   	Sub-Servicing Agreements.	296
	Section 3.21   	Interest Reserve Account.	300
	Section 3.22   	Directing Certificateholder and Operating Advisor Contact with Master Servicers and Special Servicers.	300
	Section 3.23   	Controlling Class Certificateholders, Directing Certificateholder and the Risk Retention Consultation Party; Certain Rights and Powers
of Directing Certificateholder and the Risk Retention Consultation Party.	300
	Section 3.24   	Intercreditor Agreements.	306
	Section 3.25   	Rating Agency Confirmation.	309
	Section 3.26   	The Operating Advisor.	311
	Section 3.27   	Companion Paying Agent.	319
	Section 3.28   	Serviced Companion Noteholder Register.	319
	Section 3.29   	Certain Matters Relating to the Non-Serviced Mortgage Loans and the Serviced Pari Passu Companion Loans.	320
	Section 3.30   	Certain Matters with Respect to Joint Mortgage Loans.	322
	Section 3.31   	[RESERVED].	327
	Section 3.32   	Litigation Control.	327
	Section 3.33   	Delivery of Excluded Information to the Certificate Administrator.	330
	Article IV

                                                                          

                                                                         DISTRIBUTIONS TO CERTIFICATEHOLDERS
	331
	Section 4.01   	Distributions.	331
	Section 4.02   	Distribution Date Statements; CREFC® Investor Reporting Packages; Grant of Power of Attorney.	345
	Section 4.03   	P&I Advances.	351
	Section 4.04   	Allocation of Realized Losses.	355
	Section 4.05   	Appraisal Reduction Amounts; Collateral Deficiency Amounts.	356
	Section 4.06   	Grantor Trust Reporting.	361
	Section 4.07   	Investor Q&A Forum; Investor Registry; and Rating Agency Q&A Forum and Document Request Tool.	362
	Section 4.08   	Secure Data Room.	366

    	 	-ii-	 

    

    

	Article V

                                                                          

                                                                         THE CERTIFICATES
	367
	Section 5.01         	The Certificates.	367
	Section 5.02   	Form and Registration.	368
	Section 5.03   	Registration of Transfer and Exchange of Certificates.	371
	Section 5.04   	Mutilated, Destroyed, Lost or Stolen Certificates.	379
	Section 5.05   	Persons Deemed Owners.	379
	Section 5.06   	Access to List of Certificateholders’ Names and Addresses; Special Notices.	380
	Section 5.07   	Maintenance of Office or Agency.	381
	Section 5.08   	Appointment of Certificate Administrator.	381
	Section 5.09   	[RESERVED]	382
	Section 5.10   	Voting Procedures.	382
	Section 5.11   	Exchangeable Certificates.	383
	Article VI

                                                                          

                                                                         THE DEPOSITOR, THE MASTER SERVICERS, THE SPECIAL SERVICERS, the Operating Advisor, the asset representations reviewer, THE DIRECTING CERTIFICATEHOLDER AND THE Risk Retention Consultation Party
	385
	Section 6.01   	Representations, Warranties and Covenants of each Applicable Master Servicer, each Applicable Special Servicer, the Operating Advisor
and the Asset Representations Reviewer.	385
	Section 6.02   	Liability of the Depositor, each applicable Master Servicer, the Operating Advisor, each applicable Special Servicer and the Asset Representations
Reviewer.	391
	Section 6.03   	Merger, Consolidation or Conversion of the Depositor, a Master Servicer, the Operating Advisor, a Special Servicer or the Asset Representations
Reviewer.	391
	Section 6.04   	Limitation on Liability of the Depositor, each applicable Master Servicer, each applicable Special Servicer, the Operating Advisor, the
Asset Representations Reviewer and Others.	393
	Section 6.05   	Depositor, Master Servicers and Special Servicers Not to Resign.	399
	Section 6.06   	Rights of the Depositor in Respect of each applicable Master Servicer and Special Servicer.	400
	Section 6.07   	Master Servicers and Special Servicers as Certificate Owners.	400
	Section 6.08   	The Directing Certificateholder and the Risk Retention Consultation Party.	401
	Section 6.09   	Knowledge of Wells Fargo Bank, National Association.	409
	Section 6.10   	Knowledge of Computershare Trust Company, National Association.	409

    	 	-iii-	 

    

    

	Article VII

                                                                          

                                                                         SERVICER TERMINATION EVENTS
	409
	Section 7.01         	Servicer Termination Events; Master Servicers and Special Servicers Termination.	409
	Section 7.02   	Trustee to Act; Appointment of Successor.	418
	Section 7.03   	Notification to Certificateholders.	420
	Section 7.04   	Waiver of Servicer Termination Events.	420
	Section 7.05   	Trustee as Maker of Advances.	421
	Article VIII

                                                                          

                                                                         CONCERNING THE TRUSTEE AND THE CERTIFICATE ADMINISTRATOR
	421
	Section 8.01   	Duties of the Trustee and the Certificate Administrator.	421
	Section 8.02   	Certain Matters Affecting the Trustee and the Certificate Administrator.	423
	Section 8.03   	Trustee and Certificate Administrator Not Liable for Validity or Sufficiency of Certificates or Mortgage Loans.	425
	Section 8.04   	Trustee or Certificate Administrator May Own Certificates.	425
	Section 8.05   	Fees and Expenses of Trustee and Certificate Administrator; Indemnification of Trustee and Certificate Administrator.	425
	Section 8.06   	Eligibility Requirements for Trustee and Certificate Administrator.	427
	Section 8.07   	Resignation and Removal of the Trustee and Certificate Administrator.	428
	Section 8.08   	Successor Trustee or Certificate Administrator.	430
	Section 8.09   	Merger or Consolidation of Trustee or Certificate Administrator.	431
	Section 8.10   	Appointment of Co-Trustee or Separate Trustee.	431
	Section 8.11   	Appointment of Custodians.	432
	Section 8.12   	Representations and Warranties of the Trustee.	432
	Section 8.13   	Provision of Information to Certificate Administrator, Master Servicers and Special Servicers.	433
	Section 8.14   	Representations and Warranties of the Certificate Administrator.	434
	Section 8.15   	Compliance with the PATRIOT Act.	435
	Article IX

                                                                          

                                                                         TERMINATION
	435
	Section 9.01   	Termination upon Repurchase or Liquidation of All Mortgage Loans.	435
	Section 9.02   	Additional Termination Requirements.	440
	Article X

                                                                          

                                                                         ADDITIONAL REMIC PROVISIONS
	441
	Section 10.01   	REMIC Administration.	441

    	 	-iv-	 

    

    

	Section 10.02       	Use of Agents.	445
	Section 10.03   	Depositor, Master Servicers and Special Servicers to Cooperate with Certificate Administrator.	445
	Section 10.04   	Appointment of REMIC Administrators.	445
	Article XI

                                                                          

                                                                         EXCHANGE ACT REPORTING AND REGULATION AB COMPLIANCE
	446
	Section 11.01   	Intent of the Parties; Reasonableness.	446
	Section 11.02   	Succession; Subcontractors.	447
	Section 11.03   	Filing Obligations.	449
	Section 11.04   	Form 10-D and Form ABS-EE Filings.	450
	Section 11.05   	Form 10-K Filings.	454
	Section 11.06   	Sarbanes-Oxley Certification.	457
	Section 11.07   	Form 8-K Filings.	458
	Section 11.08   	Form 15 Filing.	460
	Section 11.09   	Annual Compliance Statements.	460
	Section 11.10   	Annual Reports on Assessment of Compliance with Servicing Criteria.	462
	Section 11.11   	Annual Independent Public Accountants’ Attestation Report.	464
	Section 11.12   	Indemnification.	466
	Section 11.13   	Amendments.	468
	Section 11.14   	Regulation AB Notices.	468
	Section 11.15   	Certain Matters Relating to the Future Securitization of the Serviced Pari Passu Companion Loans.	469
	Section 11.16   	Certain Matters Regarding Significant Obligors.	474
	Section 11.17   	Impact of Cure Period.	474
	Article XII

                                                                          

                                                                         THE ASSET REPRESENTATIONS REVIEWER
	475
	Section 12.01   	Asset Review.	475
	Section 12.02   	Payment of Asset Representations Reviewer Fees and Expenses; Limitation of Liability.	481
	Section 12.03   	Resignation of the Asset Representations Reviewer.	482
	Section 12.04   	Restrictions of the Asset Representations Reviewer.	482
	Section 12.05   	Termination of the Asset Representations Reviewer.	482
	Article XIII

                                                                          

                                                                         MISCELLANEOUS PROVISIONS
	485
	Section 13.01   	Amendment.	485
	Section 13.02   	Recordation of Agreement; Counterparts.	490
	Section 13.03   	Limitation on Rights of Certificateholders.	491

    	 	-v-	 

    

    

	Section 13.04   	Governing Law; Submission to Jurisdiction; Waiver of Jury Trial.	492
	Section 13.05       	Notices.	493
	Section 13.06   	Severability of Provisions.	500
	Section 13.07   	Grant of a Security Interest.	500
	Section 13.08   	Successors and Assigns; Third Party Beneficiaries.	501
	Section 13.09   	Article and Section Headings.	501
	Section 13.10   	Notices to the Rating Agencies.	502
	Section 13.11   	Cooperation with the Mortgage Loan Sellers with Respect to Rights Under the Mortgage Loan Agreements.	503

 

    	 	-vi-	 

    

    

 

	EXHIBITS
	EXHIBIT
    A-1	Form
    of Certificate (Other than Class R and Class V Certificates)
	EXHIBIT
    A-2	Form
    of Class R Certificate
	EXHIBIT
    A-3	Form
    of Class V Certificate
	EXHIBIT
    A-4	Form
    of RR Interest
	EXHIBIT
    B	Mortgage
    Loan Schedule
	EXHIBIT
    C	Form
    of Investment Representation Letter
	EXHIBIT
    D-1	Form
    of Transferee Affidavit for Transfers of Class R Certificates
	EXHIBIT
    D-2	Form
    of Transferor Letter for Transfers of Class R Certificates
	EXHIBIT
    D-3	Form
    of Transferee Certificate for Transfers of RR Interest
	EXHIBIT
    D-4	Form
    of Transferor Certificate for Transfers of RR Interest
	EXHIBIT
    E	Form
    of Request for Release
	EXHIBIT
    F-1	Form
    of ERISA Representation Letter Regarding ERISA Restricted Certificates
	EXHIBIT
    F-2	Form
    of ERISA Representation Letter Regarding Class R Certificates and Class V Certificates
	EXHIBIT
    G	Form
    of Distribution Date Statement
	EXHIBIT
    H	Form
    of Omnibus Assignment
	EXHIBIT
    I	Form
    of Transfer Certificate for Rule 144A Book-Entry Certificate to Temporary Regulation S Book-Entry Certificate During Restricted
    Period
	EXHIBIT
    J	Form
    of Transfer Certificate for Rule 144A Book-Entry Certificate to Regulation S Book-Entry Certificate After Restricted Period
	EXHIBIT
    K	Form
    of Transfer Certificate for Temporary Regulation S Book-Entry Certificate to Rule 144A Book-Entry Certificate During Restricted
    Period
	EXHIBIT
    L	Form
    of Transfer Certificate for Temporary Regulation S Book-Entry Certificate to Regulation S Book-Entry Certificate After
    Restricted Period
	EXHIBIT
    M	Form
    of Transfer Certificate for Non-Book Entry Certificate to Temporary Regulation S Book-Entry Certificate
	EXHIBIT
    N	Form
    of Transfer Certificate for Non-Book Entry Certificate to Regulation S Book-Entry Certificate
	EXHIBIT
    O	Form
    of Transfer Certificate for Non-Book Entry Certificate to Rule 144A Book-Entry Certificate
	EXHIBIT
    P-1A	Form
    of Investor Certification for Non-Borrower Party and/or the Risk Retention Consultation Party (for Persons Other than the Directing
    Certificateholder and/or a Controlling Class Certificateholder)
	EXHIBIT
    P-1B	Form
    of Investor Certification for Non-Borrower Party (for the Directing Certificateholder and/or a Controlling Class Certificateholder)
	EXHIBIT
    P-1C	Form
    of Investor Certification for Borrower Party (for Persons Other than the Directing Certificateholder, the Risk Retention Consultation
    Party and/or a Controlling Class Certificateholder)
	EXHIBIT
    P-1D	Form
    of Investor Certification for Borrower Party (for the Directing Certificateholder and/or a Controlling Class Certificateholder)
	EXHIBIT
    P-1E	Form
    of Notice of Excluded Controlling Class Holder
	EXHIBIT
    P-1F	Form
    of Notice of [Excluded Loan] [Excluded Controlling Class Holder] to Certificate Administrator
	EXHIBIT
    P-1G             	Form
    of Certification of the Directing Certificateholder

 

 

 

    	 	-vii-	 

    

    

 

	EXHIBIT
    P-1H             	Form
    of Certification of the Risk Retention Consultation Party
	EXHIBIT
    P-2	Form
    of Certification for NRSROs
	EXHIBIT
    P-3	Online
    Market Data Provider Certification
	EXHIBIT
    Q	Custodian
    Certification/Exception Report
	EXHIBIT
    R-1	Form
    of Power of Attorney – Master Servicers
	EXHIBIT
    R-2	Form
    of Power of Attorney – Special Servicers
	EXHIBIT
    S	Initial
    Serviced Companion Noteholders
	EXHIBIT
    T	Form
    of Notice Relating to the Non-Serviced Mortgage Loan
	EXHIBIT
    U	Form
    of Notice and Certification Regarding Defeasance of Mortgage Loan
	EXHIBIT
    V	Form
    of Operating Advisor Annual Report
	EXHIBIT
    W	Form
    of Notice from Operating Advisor Recommending Replacement of a Special Servicer
	EXHIBIT
    X	Form
    of Confidentiality Agreement
	EXHIBIT
    Y	Form
    Certification to be Provided with Form 10-K
	Exhibit Y-1	Form
    of Certification to be Provided to Depositor by Certificate Administrator
	Exhibit Y-2	Form
    of Certification to be Provided to Depositor by Master Servicer
	Exhibit Y-3	Form
    of Certification to be Provided to Depositor by Special Servicer
	Exhibit Y-4	Form
    of Certification to be Provided to Depositor by Trustee
	Exhibit Y-5	Form
    of Certification to be Provided to Depositor by Operating Advisor
	Exhibit
    Y-6	Form
    of Certification to be Provided to Depositor by Custodian
	EXHIBIT
    Y-7	Form
    of Certification to be Provided to Depositor by Asset Representations Reviewer
	EXHIBIT
    Z	Servicing
    Criteria to be Addressed in Assessment of Compliance
	EXHIBIT
    AA	Additional
    Form 10-D Disclosure
	EXHIBIT
    BB	Additional
    Form 10-K Disclosure
	EXHIBIT
    CC	Form
    8-K Disclosure Information
	EXHIBIT
    DD	Additional
    Disclosure Notification
	EXHIBIT
    EE	Initial
    Sub-Servicers
	EXHIBIT
    FF	Servicing
    Function Participants
	EXHIBIT
    GG	Form
    of Annual Compliance Statement
	EXHIBIT
    HH	Form
    of Report on Assessment of Compliance with Servicing Criteria
	EXHIBIT
    II	CREFC®
    Payment Information
	EXHIBIT
    JJ	Form
    of Notice of Additional Indebtedness Notification
	EXHIBIT
    KK	[Reserved]
	EXHIBIT
    LL	Additional
    Disclosure Notification (Accounts)
	EXHIBIT
    MM	Form
    of Notice of Purchase of Controlling Class Certificate
	EXHIBIT
    NN	Form
    of Asset Review Report by the Asset Representations Reviewer
	EXHIBIT
    OO	Form
    of Asset Review Report Summary
	EXHIBIT
    PP	Asset
    Review Procedures
	EXHIBIT QQ	Form
    of Certification to Certificate Administrator Requesting Access to Secure Data Room
	EXHIBIT
    RR	Form
    of Notice of [Additional Delinquent Loan][Cessation of Delinquent Loan][Cessation of Asset Review Trigger]
	EXHIBIT
    SS	Form
    of Intercreditor Agreement and Subordination Agreement for NCB Co-op Mortgage Loans

 

 

    	 	-viii-	 

    

    

 

	EXHIBIT
    TT	Form
    of Exchange Letter
	EXHIBIT
    UU	Form
    of Certificate Administrator Receipt of the RR Interest
	SCHEDULES
	SCHEDULE
    1               	Mortgage
    Loans With Additional Debt
	SCHEDULE
    2	Class A-SB
    Planned Principal Balance Schedule
	SCHEDULE
    3	Mortgage
    Loans (Other than NCB Co-op Mortgage Loans) With Escrows or Reserves Exceeding 10% of the Initial Principal Balance of the Mortgage
    Loan or (if applicable) Whole Loan

 

    	 	-ix-	 

    

    

This Pooling and Servicing
Agreement is dated and effective as of May 1, 2022, between Morgan Stanley Capital I Inc., as Depositor, Wells Fargo Bank, National Association,
as General Master Servicer, Rialto Capital Advisors, LLC, as General Special Servicer, National Cooperative Bank, N.A., as NCB Master
Servicer and as NCB Special Servicer, Computershare Trust Company, National Association, as Certificate Administrator, Wilmington Trust,
National Association, as Trustee, and Pentalpha Surveillance LLC, as Operating Advisor and as Asset Representations Reviewer.

PRELIMINARY STATEMENT

The Depositor intends to
sell commercial mortgage pass-through certificates (collectively, the “Certificates”), to be issued hereunder in
multiple classes, which in the aggregate will evidence the entire beneficial ownership interest in the Trust to be created hereunder,
the primary assets of which will be a pool of commercial mortgage loans. As provided herein, the Certificate Administrator shall elect
or shall cause an election to be made to treat designated portions of the Trust (exclusive of the Excess Interest and the proceeds thereof
in the Excess Interest Distribution Account) for federal income tax purposes as two (2) separate real estate mortgage investment conduits
(the “Upper-Tier REMIC” and the “Lower-Tier REMIC”, and each a “Trust REMIC”
as described herein).

In addition, the parties
intend that the portion of the Trust Fund consisting of the Grantor Trust Designated Portions shall be classified as an “investment
trust” under section 301.7701-4(c) of the Treasury Regulations and that the holders of the Exchangeable Certificates, the Class
V Certificates and the RR Interest shall be treated as holding undivided beneficial ownership interests in the corresponding Grantor Trust
Designated Portion, under subpart E, part I of subchapter J of the Code (such arrangement, the “Grantor Trust”). The
Certificate Administrator shall take all actions expressly required hereunder to ensure that, for U.S. federal income tax purposes, the
Grantor Trust remains classified as a grantor trust and that the holders of the Exchangeable Certificates, the Class V Certificates and
the RR Interest continue to be the owners of their Grantor Trust Designated Portions. The Grantor Trust shall not be treated as part of
either Trust REMIC.

The Depositor intends to
sell the Certificates to the Underwriters and the Initial Purchasers.

LOWER-TIER REMIC

The Lower-Tier REMIC
will hold the Mortgage Loans (exclusive of Excess Interest) and will issue the Class LA1, Class LASB, Class LA3, Class LA4,
Class LAS, Class LB, Class LC, Class LD, Class LE, Class LF, Class LG and Class LH and LRR Uncertificated
Interests (the “Lower-Tier Regular Interests”), which will be the “regular interests” in the Lower-Tier
REMIC. The Lower-Tier REMIC will also issue the uncertificated Class LR Interest, which is the sole Class of “residual
interests” in the Lower-Tier REMIC for purposes of the REMIC Provisions and is represented by the Class R Certificates.

    	 	 

    

    

The following table sets
forth the Class designation, the Original Lower-Tier Principal Amounts and per annum rates of interest for the Lower-Tier
Regular Interests and the Class LR Interest:

	Class
    Designation
	Interest
    Rate
	Original
    Lower-Tier

    Principal Amount

	Class LA1	(1)	$	13,400,000
	Class LASB	(1)	$	18,700,000
	Class LA3	(1)	$	335,000,000
	Class LA4	(1)	$	410,830,000
	Class LAS	(1)	$	130,581,000
	Class LB	(1)	$	43,064,000
	Class LC	(1)	$	43,064,000
	Class LD	(1)	$	26,394,000
	Class LE	(1)	$	20,837,000
	Class LF	(1)	$	22,227,000
	Class LG	(1)	$	11,113,000
	Class LH	(1)	$	36,118,611
	Class LR	None(2)	 	       None
	LRR	(1)	$	58,490,979.54

 

		(1)	The
                                            interest rate for each Class of Lower-Tier Regular Interests on any Distribution Date will
                                            be the Weighted Average Net Mortgage Rate for such Distribution Date.

		(2)	The
                                            Class LR Interest (evidenced by the Class R Certificates) will not have a Certificate
                                            Balance or Notional Amount, will not bear interest and will not be entitled to distributions
                                            of Prepayment Premiums or Yield Maintenance Charges. Any Aggregate Available Funds remaining
                                            in the Lower-Tier REMIC Distribution Account after distributing the Lower-Tier Distribution
                                            Amount will be deemed distributed to the Class LR Interest and shall be payable to
                                            the Holders of the Class R Certificates.

UPPER-TIER REMIC

The Upper-Tier REMIC
will hold the Lower-Tier Regular Interests and will issue the Class A-1, Class A-SB, Class X-D, Class X-F, Class X-G, Class
X-H, Class D, Class E, Class F, Class G and Class H Certificates, the Class A-3, Class A-3-X1, Class A-3-X2, Class A-4,
Class A-4-X1, Class A-4-X2, Class A-S, Class A-S-X1, Class A-S-X2, Class B, Class B-X1, Class B-X2, Class C, Class C-X1 and Class C-X2
Upper-Tier Regular Interests, and the regular interest component of the RR Interest (the Excess Interest component of the RR Interest
will be held through the Grantor Trust), each of which will represent a “regular interest” in the Upper-Tier REMIC (the
“Upper-Tier Regular Interests”). Each of the Upper-Tier Regular Interests designated Class A-1, Class A-SB, Class
X-D, Class X-F, Class X-G, Class X-H, Class D, Class E, Class F, Class G and Class H will be represented by a Class of
Regular Certificates with the same alphanumeric designation and Pass-Through Rate, Certificate Balance or Notional Amount and entitlements
as such Class of Regular Certificates.

The Upper-Tier REMIC
will also issue the uncertificated Class UR Interest, which will be the sole Class of “residual interests” in the Upper-Tier
REMIC for purposes of the REMIC Provisions and is represented by the Class R Certificates. The Class R Certificates will not have
a Certificate Balance or a Notional Amount, bear interest or be entitled to distributions of

    	 	-2-	 

    

    

Prepayment Premiums or Yield Maintenance Charges.
Any Aggregate Available Funds remaining in the Upper Tier REMIC Distribution Account, after all required distributions under this Agreement
have been made to each Class of Regular Certificates and Exchangeable Upper-Tier Regular Interests will be deemed distributed to the Class
UR Interest and shall be payable to the Holders of the Class R Certificates.

THE UPPER-TIER REGULAR
INTERESTS

The following table (and
related paragraphs) sets forth the designation, the initial Pass-Through Rate and the aggregate initial principal amount (the “Original
Certificate Balance”) or Notional Amount (the “Original Notional Amount”), as applicable, for each Class
of Upper-Tier Regular Interests:

	
    Designation
    of Upper-Tier Regular Interest
	
    Initial
    Pass-Through Rate
	
    Original
    Certificate Balance or Notional Amount

	Class A-1	3.9162%	$	13,400,000	 
	Class A-SB 	3.9162%	$	18,700,000	 
	Class A-3	2.9162%	$	335,000,000	 
	Class A-3-X1	0.5000%	$	335,000,000(2)	 
	Class A-3-X2	0.5000%	$	335,000,000(2)	 
	Class A-4	2.9162%	$	410,830,000	 
	Class A-4-X1	0.5000%	$	410,830,000(2)	 
	Class A-4-X2	0.5000%	$	410,830,000(2)	 
	Class X-D 	1.4162%(1)	$	47,231,000(2)	 
	Class X-F 	1.4162%(1)	$	22,227,000(2)	 
	Class X-G 	1.4162%(1)	$	11,113,000(2)	 
	Class X-H 	1.4162%(1)	$	36,118,611(2)	 
	Class A-S 	2.9162%	$	130,581,000	 
	Class A-S-X1	0.5000%	$	130,581,000(2)	 
	Class A-S-X2	0.5000%	$	130,581,000(2)	 
	Class B	2.9162%	$	43,064,000	 
	Class B-X1	0.5000%	$	43,064,000(2)	 
	Class B-X2	0.5000%	$	43,064,000(2)	 
	Class C	2.9162%	$	43,064,000	 
	Class C-X1	0.5000%	$	43,064,000(2)	 
	Class C-X2	0.5000%	$	43,064,000(2)	 
	Class D 	2.5000%	$	26,394,000	 
	Class E 	2.5000%	$	20,837,000	 
	Class F 	2.5000%	$	22,227,000	 
	Class G 	2.5000%	$	11,113,000	 
	Class H 	2.5000%	$	36,118,611	 
	RR Interest	None(3)	$	58,490,979.54	 

 

		(1)	The
                                            Pass-Through Rates for the Class X-D, Class X-F, Class X-G and Class X-H Certificates
                                            will be calculated in accordance with the definition of “Class X-D Pass-Through Rate”,
                                            “Class X-F Pass-Through Rate”, “Class X-G Pass-Through Rate” and
                                            “Class X-H Pass-Through Rate”, respectively.

		(2)	None
                                            of the Class X-D, Class X-F, Class X-G or Class X-H Certificates or the Class A-3-X1,
                                            Class A-3-X2, Class A-4-X1, Class A-4-X2, Class A-S-X1, Class A-S-X2, Class B-X1, Class B-X2,
                                            Class C-X1 or Class C-X2 Upper-

    	 	-3-	 

    

    

	 	 	Tier Regular Interests will have
  a Certificate Balance or be entitled to distributions of principal; rather, such Classes will accrue interest as provided herein on
  the Notional Amount thereof.

		(3)	The
                                            RR Interest will be entitled to interest on any Distribution Date equal to the Retained Certificate
                                            Interest Distribution Amount.

The foregoing structure is
intended to cause all of the cash from the Mortgage Loans to flow through to the Upper-Tier REMIC as cash flow on the Upper-Tier Regular
Interests, without creating any shortfall, actual or potential (other than for credit losses), to any REMIC regular interests. To the
extent that the structure is believed to diverge from such intention, the parties identifying such ambiguity shall notify the other parties
hereto and the parties involved will resolve such ambiguities to accomplish the intended result and will to the extent necessary rectify
any drafting errors or seek clarification to the structure without Certificateholder approval (but with guidance of counsel) to accomplish
such intention, including, to the extent necessary, making any amendments in accordance with Section 13.01 of this Agreement.

THE GRANTOR TRUST

The following table sets
forth each Class of Certificates that represents an undivided beneficial interest in the corresponding portion of the Grantor Trust (each
such portion, a “Grantor Trust Designated Portion”).

	
    Class
    of Certificates
	
    Corresponding
    Grantor Trust Designated Portion

	Each Class of Exchangeable Certificates	The related Exchangeable Class Specific Grantor Trust Assets
	Class V Certificates	Class V Specific Grantor Trust Assets
	RR Interest	RR Interest Specific Grantor Trust Assets

As provided herein, the Certificate
Administrator shall not take any actions that would (i) cause the Grantor Trust not to be classified as a grantor trust for U.S. federal
income tax purposes, (ii) cause the holders of such Classes of Certificates not to be the owners of their Grantor Trust Designated Portions
or (iii) cause the Grantor Trust to be treated as part of any Trust REMIC. The Class V Certificates will not have a Certificate Balance
or a Notional Amount, bear interest or be entitled to distributions of Prepayment Premiums or Yield Maintenance Charges.

As of the close of business
on the Cut-off Date, the Mortgage Loans had an aggregate principal balance, after application of all payments of principal due on
or before such date, whether or not received, equal to $1,169,819,591.

WHOLE LOANS

	Whole Loan	Type	Non-Serviced PSA	Mortgage Loan	Companion Loan(s)
	Constitution Center 	Non-Serviced Whole Loan	MSC 2022-L8 PSA	Constitution Center Mortgage Loan	Constitution Center Pari Passu Companion Loans and Constitution Center Subordinate Companion Loans
	Dallas Design District	Serviced Whole Loan	N/A	Dallas Design District Mortgage Loan	Dallas Design District Pari Passu Companion Loan

    	 	-4-	 

    

    

 

	Life Science Office Portfolio 	Non-Serviced Whole Loan	BANK 2022-BNK40 PSA	Life Science Office Portfolio Mortgage Loan	Life Science Office Portfolio Pari Passu Companion Loans
	601 Lexington Avenue	Non-Serviced Whole Loan	BXP 2021-601L TSA	601 Lexington Avenue Mortgage Loan	601 Lexington Avenue Pari Passu Companion Loans and 601 Lexington Avenue Subordinate Companion Loans
	UCI Research Park Phases 12 & 13	Non-Serviced Whole Loan	BANK 2022-BNK40 PSA	UCI Research Park Phases 12 & 13 Mortgage Loan	UCI Research Park Phases 12 & 13 Pari Passu Companion Loans
	Norfolk Premium Outlets	Serviced Whole Loan	N/A	Norfolk Premium Outlets Mortgage Loan	Norfolk Premium Outlets Pari Passu Companion Loan
	Shearer’s Industrial Portfolio	Non-Serviced Whole Loan	BMARK 2022-B34 PSA	Shearer’s Industrial Portfolio Mortgage Loan	Shearer’s Industrial Portfolio Pari Passu Companion Loans
	Journal Squared Tower 2	Non-Serviced Whole Loan	WFCM 2022-JS2 TSA	Journal Squared Tower 2 Mortgage Loan	Journal Squared Tower 2 Pari Passu Companion Loans and Journal Squared Tower 2 Subordinate Companion Loan
	ExchangeRight Net Leased Portfolio #54	Non-Serviced Whole Loan	MSC 2022-L8 PSA	ExchangeRight Net Leased Portfolio #54 Mortgage Loan	ExchangeRight Net Leased Portfolio #54 Pari Passu Companion Loan
	Silver Sands Premium Outlets 	Non-Serviced Whole Loan	BANK 2022-BNK40 PSA	Silver Sands Premium Outlets Mortgage Loan	Silver Sands Premium Outlets Pari Passu Companion Loans
	ILPT Logistics Portfolio	Non-Serviced Whole Loan	ILPT 2022-LPFX TSA	ILPT Logistics Portfolio Mortgage Loan	ILPT Logistics Portfolio Pari Passu Companion Loans and ILPT Logistics Portfolio Subordinate Companion Loans

Each of the Whole Loans listed
above consists of the corresponding Mortgage Loan and Companion Loan(s) listed next to such Whole Loan. With respect to any Whole Loan,
each of the Mortgage Loan and any related Pari Passu Companion Loan(s) are pari passu with each other to the extent provided in
the related Intercreditor Agreement, and any related AB Subordinate Companion Loan(s) are generally subordinate to the related Mortgage
Loan and any Pari Passu Companion Loan(s) to the extent provided in the related Intercreditor Agreement. Each Serviced Whole Loan will
be serviced and administered in accordance with this Agreement and the related Intercreditor Agreement. Each Non-Serviced Whole Loan will
be serviced and administered in accordance with the related Non-Serviced PSA and the related Intercreditor Agreement.

The Companion Loans are not
part of the Trust Fund, but are each secured by the applicable Mortgage that secures the related Mortgage Loan that is part of the Trust
Fund. Amounts attributable to any Companion Loan will not be part of the Trust Fund, and (except to the extent that such amounts are payable
or reimbursable to any party to this Agreement) will be owned by the related Companion Holders.

    	 	-5-	 

    

    

In consideration of the mutual
agreements herein contained, the parties hereto agree as follows:

Article I

DEFINITIONS

Section 1.01       
Defined Terms. Whenever used in this Agreement, including in the Preliminary Statement, the following capitalized terms,
unless the context otherwise requires, shall have the meanings specified in this Article.

“10-K Filing
Deadline”: As defined in Section 11.05(a).

“15Ga-1 Notice”:
As defined in Section 2.02(g).

“15Ga-1 Repurchase
Request”: As defined in Section 2.02(g).

“17g-5 Information
Provider”: The Certificate Administrator.

“17g-5 Information
Provider’s Website”: The 17g-5 Information Provider’s Internet website, which shall initially be located within
the Certificate Administrator’s Website (initially “www.ctslink.com”), under the “NRSRO” tab on the page
relating to this transaction.

“601 Lexington Avenue
Intercreditor Agreement”: That certain Co-Lender Agreement, dated as of December 29, 2021, by and between the holders of the
respective promissory notes evidencing the 601 Lexington Avenue Whole Loan, relating to the relative rights of such holders, as the same
may be amended in accordance with the terms thereof.

“601 Lexington Avenue
Mortgage Loan”: With respect to the 601 Lexington Avenue Whole Loan, the Mortgage Loan that is included in the Trust (identified
as Mortgage Loan No. 5 on the Mortgage Loan Schedule), which is evidenced by the related promissory notes A-1-C1 and A-1-C4, and is pari
passu in right of payment with the 601 Lexington Avenue Pari Passu Companion Loans and generally senior in right of payment to the
601 Lexington Avenue Subordinate Companion Loans to the extent set forth in the 601 Lexington Avenue Intercreditor Agreement.

“601 Lexington Avenue
Mortgaged Property”: The Mortgaged Property that secures the 601 Lexington Avenue Whole Loan.

“601 Lexington Avenue
Pari Passu Companion Loans”: With respect to the 601 Lexington Avenue Whole Loan, as of the Closing Date, the pari passu
companion loans evidenced by the related promissory notes A-1-S1, A-1-C2, A-1-C3, A-2-S1, A-2-C1, A-2-C2-1, A-2-C2-2, A-2-C3-1, A-2-C3-2,
A-2-C4, A-3-S1, A-3-C1, A-3-C2, A-3-C3, A-3-C4, A-4-S1, A-4-C1, A-4-C2-1, A-4-C2-2, A-4-C3 and A-4-C4, made by the related Mortgagor and
secured by the Mortgage on the 601 Lexington Avenue Mortgaged Property, which are not included in the Trust and which are pari passu
in right of payment to the 601 Lexington Avenue Mortgage Loan and generally senior in right of payment to the 601 Lexington Avenue Subordinate
Companion Loans to the

    	 	-6-	 

    

    

extent set forth in the related Mortgage Loan
documents and as provided in the 601 Lexington Avenue Intercreditor Agreement.

“601 Lexington Avenue
Subordinate Companion Loans”: With respect to the 601 Lexington Avenue Whole Loan, as of the Closing Date, the Companion Loans
evidenced by the promissory notes designated as promissory notes B-1, B-2, B-3 and B-4, made by the related Mortgagor and secured by the
Mortgage on the 601 Lexington Avenue Mortgaged Property, which are not included in the Trust and which are generally subordinate in right
of payment to the 601 Lexington Avenue Mortgage Loan and the 601 Lexington Avenue Pari Passu Companion Loans, to the extent set forth
in the related Mortgage Loan documents and as provided in the 601 Lexington Avenue Intercreditor Agreement.

“601 Lexington Avenue
Whole Loan”: The 601 Lexington Avenue Mortgage Loan, together with the 601 Lexington Avenue Pari Passu Companion Loans and the
601 Lexington Avenue Subordinate Companion Loans, each of which is secured by the Mortgage on the 601 Lexington Avenue Mortgaged Property.
References herein to the 601 Lexington Avenue Whole Loan shall be construed to refer to the aggregate indebtedness under the 601 Lexington
Avenue Mortgage Loan, the 601 Lexington Avenue Pari Passu Companion Loans and the 601 Lexington Avenue Subordinate Companion Loans.

“AB Control Appraisal
Period”: With respect to a Serviced AB Whole Loan, a “Control Appraisal Period” or equivalent term under the related
AB Intercreditor Agreement. There are no Serviced AB Whole Loans as of the Closing Date.

“AB Intercreditor
Agreement”: Any Intercreditor Agreement by and among the holder(s) of one or more Subordinate Companion Loan(s) and the holder
of the related Mortgage Loan and the holders of any related Pari Passu Companion Loans, relating to the relative rights of such holders
of the related AB Whole Loan, as the same may be further amended in accordance with the terms thereof. As of the Closing Date, each of
the Constitution Center Intercreditor Agreement, the 601 Lexington Avenue Intercreditor Agreement, the Journal Squared Tower 2 Intercreditor
Agreement and the ILPT Logistics Portfolio Intercreditor Agreement is an AB Intercreditor Agreement.

“AB Major Decision”
With respect to a Serviced AB Whole Loan, a “major decision” or equivalent term under the related AB Intercreditor Agreement.

“AB Modified Loan”:
Any Corrected Loan (1) that became a Corrected Loan (which includes for purposes of this definition any Non-Serviced Mortgage Loan that
became a “corrected loan” (or any term substantially similar thereto) pursuant to the related Non-Serviced PSA) due to a modification
thereto that resulted in the creation of an A/B note structure (or similar structure) and as to which the new junior note(s) did not previously
exist or the principal amount of the new junior note(s) was previously part of either an A note held by the Trust or the original unmodified
Mortgage Loan and (2) as to which an Appraisal Reduction Amount is not in effect.

“AB Mortgage Loan”:
One or more senior “A notes” that is part of an AB Whole Loan and which is a Mortgage Loan that is part of the Trust Fund.
As of the Closing Date, each of the Constitution Center Mortgage Loan, the 601 Lexington Avenue Mortgage Loan, the Journal

    	 	-7-	 

    

    

Squared Tower 2 Mortgage Loan and the ILPT
Logistics Portfolio Mortgage Loan is an AB Mortgage Loan.

“AB Mortgaged Property”:
The Mortgaged Property that secures the related AB Whole Loan. As of the Closing Date, each of the Constitution Center Mortgaged Property,
the 601 Lexington Avenue Mortgaged Property, the Journal Squared Tower 2 Mortgaged Property and the ILPT Logistics Portfolio Mortgaged
Property is an AB Mortgaged Property.

“AB Subordinate
Companion Loan”: With respect to any AB Whole Loan, any related companion loan evidenced by the related promissory note made
by the related Mortgagor and secured by the Mortgage on the related AB Mortgaged Property, which is not included in the Trust and which
is subordinate in right of payment to the related AB Mortgage Loan to the extent set forth in the related Mortgage Loan documents and
as provided in the related AB Intercreditor Agreement. As of the Closing Date, each of the Constitution Center Subordinate Companion Loans,
the 601 Lexington Avenue Subordinate Companion Loans, the Journal Squared Tower 2 Subordinate Companion Loan and the ILPT Logistics Portfolio
Subordinate Companion Loans is an AB Subordinate Companion Loan.

“AB Whole Loan”:
A Whole Loan that consists of a Mortgage Loan, any related companion loan that is pari passu in right of payment with such Mortgage
Loan and one or more related AB Subordinate Companion Loans. As of the Closing Date, each of the Constitution Center Whole Loan, the 601
Lexington Avenue Whole Loan, the Journal Squared Tower 2 Whole Loan and the ILPT Logistics Portfolio Whole Loan is an AB Whole Loan.

“AB Whole Loan Controlling
Holder”: With respect to a Serviced AB Whole Loan, the “Controlling Holder”, “Controlling Noteholder”
or similarly defined party identified in the related AB Intercreditor Agreement that is not the holder of the related Serviced Mortgage
Loan. As of the Closing Date there is no AB Whole Loan Controlling Holder.

“Accelerated Mezzanine
Loan Lender”: A mezzanine lender under a mezzanine loan that has been accelerated or as to which foreclosure or enforcement
proceedings have been commenced against the equity collateral pledged to secure such mezzanine loan.

“Acceptable Insurance
Default”: With respect to any Serviced Mortgage Loan or Serviced Whole Loan, a default under the related Mortgage Loan documents
arising by reason of (i) any failure on the part of the related Mortgagor to maintain with respect to the related Mortgaged Property
specific insurance coverage with respect to, or an all-risk casualty insurance policy that does not specifically exclude, terrorist
or similar acts, and/or (ii) any failure on the part of the related Mortgagor to maintain with respect to the related Mortgaged Property
insurance coverage with respect to damages or casualties caused by terrorist or similar acts upon terms not materially less favorable
than those in place as of the Closing Date, in each case as to which default the applicable Master Servicer and the applicable Special
Servicer may forbear taking any enforcement action, provided that the applicable Master Servicer (with respect to a Non-Specially
Serviced Loan) or the applicable Special Servicer (with respect to a Specially Serviced Loan), as applicable, has determined, in its reasonable
judgment, based on inquiry consistent with the Servicing Standard (and (i) unless a Control Termination Event has occurred and is continuing,
with the consent of the Directing Certificateholder and (ii) with respect to a Specially Serviced

    	 	-8-	 

    

    

Loan, after non-binding consultation with the
Risk Retention Consultation Party pursuant to Section 6.08(a) (in either case, other than with respect to any Mortgage Loan that
is an Excluded Loan as to such party)) (and after a Control Termination Event has occurred and is continuing, but prior to the occurrence
and continuance of a Consultation Termination Event, after non-binding consultation with the Directing Certificateholder (or, with respect
to a Serviced AB Whole Loan, if an AB Control Appraisal Period is not in effect, with the consent of the related AB Whole Loan Controlling
Holder to the extent required under the related Intercreditor Agreement) as provided in Section 6.08) (other than with respect
to any Mortgage Loan that is an Excluded Loan as to such party), that either (a) such insurance is not available at commercially
reasonable rates and that such hazards are not at the time commonly insured against for properties similar to the related Mortgaged Property
and located in or around the region in which such related Mortgaged Property is located, or (b) such insurance is not available at
any rate; provided, however, that the Directing Certificateholder (or, with respect to a Serviced AB Whole Loan, the AB
Whole Loan Controlling Holder if an AB Control Appraisal Period is not in effect to the extent required under the related Intercreditor
Agreement) and the Risk Retention Consultation Party (if it has the right to consult pursuant to Section 6.08) will not have
more than thirty (30) days to respond to the applicable Master Servicer’s or the applicable Special Servicer’s, as applicable,
request for such consent or consultation, as applicable; provided, further, that upon the applicable Master Servicer’s
or the applicable Special Servicer’s, as applicable, determination, consistent with the Servicing Standard, that exigent circumstances
do not allow the applicable Master Servicer or the applicable Special Servicer, as applicable, to consult with the Directing Certificateholder,
the Risk Retention Consultation Party or any applicable AB Whole Loan Controlling Holder, as applicable, such Master Servicer or such
Special Servicer, as applicable, is not required to do so. The applicable Master Servicer (at its own expense) and the applicable Special
Servicer (at the expense of the Trust Fund) shall be entitled to rely on insurance consultants in making the determinations described
above.

“Act”:
The Securities Act of 1933, as it may be amended from time to time.

“Actual/360 Basis”:
Interest accrual on the basis of the actual number of days in a month assuming a 360-day year.

“Actual/360 Mortgage
Loans”: The Mortgage Loans that accrue interest on an Actual/360 Basis; provided, that a Mortgage Loan that accrues interest
for a portion of the Mortgage Loan term on an Actual/360 Basis shall be an Actual/360 Mortgage Loan solely for such portion of the Mortgage
Loan term.

“Additional Debt”:
With respect to any Mortgage Loan, any debt owed by the related Mortgagor to a party other than the lender under such Mortgage Loan that
is secured by the related Mortgaged Property as of the Closing Date as set forth on Schedule 1 hereto, as increased or decreased
from time to time pursuant to the terms of the related subordinate or pari passu loan documents (including any Intercreditor Agreement
or subordination agreement).

“Additional Disclosure
Notification”: The form of notification to be included with any Additional Form 10-D Disclosure, Additional Form 10-K
Disclosure or Form 8-K Disclosure Information which is attached hereto as Exhibit DD.

    	 	-9-	 

    

    

“Additional Exclusions”:
Exclusions in addition to those customarily found in the insurance policies for mortgaged properties similar to the Mortgaged Properties
on or prior to September 11, 2001.

“Additional Form
10-D Disclosure”: As defined in Section 11.04(a).

“Additional Form
10-K Disclosure”: As defined in Section 11.05(a).

“Additional Servicer”:
Each Affiliate of any Master Servicer, any Special Servicer or any Mortgage Loan Seller that services any of the Mortgage Loans and each
Person who is not an Affiliate of any Master Servicer, other than any Special Servicer, who services 10% or more of the Mortgage Loans
by unpaid principal balance as of any date of determination pursuant to Article XI.

“Administrative
Fee Rate”: As of any date of determination and with respect to each Mortgage Loan, a per annum rate equal to the sum
of the Servicing Fee Rate, the Certificate Administrator Fee Rate (which fee rate accounts for the Trustee Fee), the Operating Advisor
Fee Rate, the Asset Representations Reviewer Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate and,
in the case of each Non-Serviced Mortgage Loan, the related Non-Serviced Primary Servicing Fee Rate.

“Advance”:
Any P&I Advance or Servicing Advance.

“Adverse REMIC Event”:
As defined in Section 10.01(f).

“Affected Party”:
As defined in Section 7.01(b).

“Affected Reporting
Party”: As defined in Section 11.12.

“Affiliate”:
With respect to any specified Person, any other Person controlling or controlled by or under common control with such specified Person.
For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the
management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise
and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

“Affirmative Asset
Review Vote”: As defined in Section 12.01(a).

“Aggregate Available
Funds”: With respect to any Distribution Date, an amount equal to the sum of (without duplication):

(a)              
the aggregate amount of all cash received on the Mortgage Loans (in the case of a Non-Serviced Mortgage Loan, only to the extent
received by the Trust pursuant to the related Non-Serviced PSA and/or the related Non-Serviced Intercreditor Agreement) (including
the portion of Loss of Value Payments deposited into each applicable Collection Account pursuant to Section 3.05(g) of this
Agreement) and any REO Property (including Compensating Interest Payments with respect to the Mortgage Loans required to be deposited
by each applicable Master Servicer pursuant to Section 3.17(a)) on deposit in

    	 	-10-	 

    

    

each applicable Collection Account (in
each case, exclusive of any amount on deposit in or credited to any portion of a Collection Account that is held for the benefit of the
Serviced Companion Noteholders) as of the close of business on the related P&I Advance Date, exclusive of (without duplication):

(i)               
all Periodic Payments paid by the Mortgagors of a Mortgage Loan that are due on a Due Date following the end of the related Collection
Period, excluding interest relating to payments prior to, but due after, the Cut-off Date;

(ii)              
all unscheduled Principal Prepayments (together with any related payments of interest allocable to the period following the related
Due Date for the related Mortgage Loan), Liquidation Proceeds, Insurance and Condemnation Proceeds and other unscheduled recoveries, in
each case, received subsequent to the related Determination Date (or, with respect to voluntary Principal Prepayments for each Mortgage
Loan with a Due Date occurring after the related Determination Date, subsequent to the related Due Date) allocable to the Mortgage Loans;

(iii)              (A) all
amounts payable or reimbursable to any Person from each applicable Collection Account pursuant to clauses (ii) through (xviii),
inclusive, and (xxii) of Section 3.05(a); (B) all amounts payable or reimbursable to any Person from
the Lower-Tier REMIC Distribution Account pursuant to clauses (ii) through (vii), inclusive, of Section 3.05(b);
and (C) any Net Investment Earnings contained therein;

(iv)             with
respect to the Actual/360 Mortgage Loans and any Distribution Date occurring in (1) each February or (2) any January in
a year that is not a leap year (in each case, unless the related Distribution Date is the final Distribution Date), an amount equal to
one (1) day of interest on the Stated Principal Balance of such Mortgage Loan as of the Distribution Date in the month preceding
the month in which the P&I Advance Date occurs at the related Mortgage Rate to the extent such amounts are Withheld Amounts;

(v)              
all Excess Interest allocable to the Mortgage Loans (which is separately distributed to the Excess Interest Certificates and the
RR Interest, as described in Section 4.01(j));

(vi)             all
Prepayment Premiums and Yield Maintenance Charges allocable to the Mortgage Loans;

(vii)            all
amounts deposited in a Collection Account in error; and

(viii)          any
Penalty Charges allocable to the Mortgage Loans;

(b)              
if and to the extent not already included in clause (a) hereof, the aggregate amount transferred from the REO Accounts
allocable to the Mortgage Loans to the applicable Collection Account for such Distribution Date pursuant to Section 3.14(c);

    	 	-11-	 

    

    

(c)              
 the aggregate amount of any Compensating Interest Payments made by each applicable Master Servicer in respect of the Mortgage
Loans with respect to such Distribution Date and P&I Advances made by each applicable Master Servicer or the Trustee, as applicable,
with respect to the Mortgage Loans and the Distribution Date (net of the related Certificate Administrator Fee, Operating Advisor Fee,
Asset Representations Reviewer Fee and CREFC® Intellectual Property Royalty License Fee with respect to the Mortgage Loans
for which such P&I Advances are made) pursuant to Section 4.03 or Section 7.05; and

(d)              
with respect to each Actual/360 Mortgage Loan and any Distribution Date occurring in each March (or February, if the related Distribution
Date is the final Distribution Date), the Withheld Amounts remitted to the Lower-Tier REMIC Distribution Account pursuant to Section 3.21(b).

Notwithstanding the investment of funds held
in each applicable Collection Account pursuant to Section 3.06, for purposes of calculating the Aggregate Available Funds,
the amounts so invested shall be deemed to remain on deposit in such accounts.

“Aggregate Excess
Prepayment Interest Shortfall”: The aggregate of any Prepayment Interest Shortfalls resulting from any Principal Prepayments
made on the Mortgage Loans to be included in the Aggregate Available Funds for any Distribution Date that are not covered by each applicable
Master Servicer’s Compensating Interest Payment for the related Distribution Date and the portion of the compensating interest payments
allocable to any Non-Serviced Mortgage Loan to the extent received from the related Non-Serviced Master Servicer.

“Aggregate Gain-on-Sale
Entitlement Amount”: For each Distribution Date, the aggregate amount of (i) the sum of (a)(x) the aggregate portion of the
Interest Distribution Amount for each Class of Non-Retained Certificates that would remain unpaid as of the close of business on the Distribution
Date, divided by (y) the Non-Retained Percentage, and (b)(x) the amount by which the Principal Distribution Amount exceeds the aggregate
amount that would actually be distributed on the Distribution Date in respect of such Principal Distribution Amount, divided by (y) the
Non-Retained Percentage, and (ii) any outstanding Realized Losses and Retained Certificate Realized Losses outstanding immediately after
such Distribution Date, in each case, to the extent such amounts would occur on such Distribution Date or would be outstanding immediately
after such Distribution Date, as applicable, without the inclusion of the Gain-on-Sale Remittance Amount as part of the definition of
Available Funds and the Retained Certificate Gain-on-Sale Remittance Amount as part of the definition of Retained Certificate Available
Funds.

“Aggregate Principal
Distribution Amount”: With respect to any Distribution Date, an amount equal to the sum of the following amounts: (a) the
Scheduled Principal Distribution Amount for such Distribution Date and (b) the Unscheduled Principal Distribution Amount for such
Distribution Date; provided that the Aggregate Principal Distribution Amount for any Distribution Date shall be reduced, to not
less than zero, by the amount of any reimbursements of (A) Nonrecoverable Advances (including any servicing advance with respect
to the Non-Serviced Mortgage Loan under the related Non-Serviced PSA reimbursed out of general collections on the Mortgage Loans),
with interest on such Nonrecoverable Advances at the Reimbursement Rate that

    	 	-12-	 

    

    

are paid or reimbursed from principal collections
on the Mortgage Loans in a period during which such principal collections would have otherwise been included in the Aggregate Principal
Distribution Amount for such Distribution Date and (B) Workout-Delayed Reimbursement Amounts paid or reimbursed from principal
collections on the Mortgage Loans in a period during which such principal collections would have otherwise been included in the Aggregate
Principal Distribution Amount for such Distribution Date (provided that, in the case of clauses (A) and (B) above,
if any of the amounts that were reimbursed from principal collections on the Mortgage Loans (including REO Loans (but excluding any related
Companion Loan)) are subsequently recovered on the related Mortgage Loan (or REO Loan (but excluding any related Companion Loan)), such
recovery will increase the Aggregate Principal Distribution Amount for the Distribution Date related to the period in which such recovery
occurs).

“Agreement”:
This Pooling and Servicing Agreement and all amendments hereof and supplements hereto.

“Allocated Appraisal
Reduction Amount”: With respect to any Appraisal Reduction Amount, an amount equal to the Non-Retained Percentage of such Appraisal
Reduction Amount.

“Allocated Collateral
Deficiency Amount”: With respect to any Collateral Deficiency Amount, the Non-Retained Percentage of such Collateral Deficiency
Amount.

“Allocated Cumulative
Appraisal Reduction Amount”: With respect to any Cumulative Appraisal Reduction Amount, the Non-Retained Percentage of such
Cumulative Appraisal Reduction Amount.

“Anticipated Repayment
Date”: With respect to any ARD Loan, the date upon which such ARD Loan commences accruing interest at the Revised Rate.

“Applicable DBRS
Morningstar Permitted Investment Rating”: (A) in the case of such investments with maturities of thirty (30) days or less,
the short-term debt obligations of which are rated at least “R-1 (middle)” or the long term obligations of which are rated
at least “A”, (B) in the case of such investments with maturities of ninety (90) days or less but greater than thirty
(30) days, the short-term obligations of which are rated at least “R-1 (middle)” or the long-term obligations of which are
rated at least “AA (low)”, (C) in the case of such investments with maturities of one hundred and eighty (180) days or less
but greater than ninety (90) days, the short-term obligations of which are rated at least “R-1 (high)” or the long term obligations
of which are rated at least “AA”, and (D) in the case of such investments with maturities of three hundred and sixty-five
(365) days or less but greater than one hundred and eighty (180) days, the short term obligations of which are rated at least “R-1
(high)” or the long term obligations of which are rated at least “AAA”, in the case of each of clauses (A) through (D),
if then rated by DBRS Morningstar and, if not so rated, an equivalent or higher rating by two other NRSROs.

“Applicable Fitch
Permitted Investment Rating”: (A) in the case of such investments with maturities of thirty (30) days or less, the short-term
debt obligations of which are rated at least “F1” by Fitch or the long-term debt obligations of which are rated at least “A”
by Fitch and (B) in the case of such investments with maturities of more than thirty (30) days, the

    	 	-13-	 

    

    

short-term obligations of which are rated at
least “F1+” by Fitch or the long-term obligations of which are rated at least “AA-” by Fitch.

“Applicable Laws”:
As defined in Section 8.15.

“Applicable S&P
Permitted Investment Rating”: (A) in the case of such investments with maturities of sixty (60) days or less, the short term
obligations of which are rated at least “A-1” by S&P, and (B) in the case of such investments with maturities of more
than sixty (60) days, the short term obligations of which are rated “A-1+” by S&P (or at least “A-1” by S&P,
if the long term obligations of which are rated at least “AA-” by S&P).

“Applicable State
and Local Tax Law”: For purposes hereof, the Applicable State and Local Tax Law shall be (a) the tax laws of the State
of New York; and (b) such other state or local tax laws whose applicability shall have been brought to the attention of the Trustee
and the Certificate Administrator by either (i) an Opinion of Counsel delivered to it, or (ii) written notice from the appropriate
taxing authority as to the applicability of such state or local tax laws.

“Appraisal”:
An appraisal prepared by an appraiser who is licensed or certified to prepare appraisals in the state where the Mortgaged Property is
located and which satisfies the Interagency Appraisal and Evaluation Guidelines jointly issued by The Office of the Comptroller of the
Currency (OCC), the Board of Governors of the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), and the
National Credit Union Administration (NCUA) relating to real estate appraisals and evaluations used to support real estate-related financial
transactions, as amended from time to time. Any Appraisal ordered by the applicable Master Servicer or applicable Special Servicer shall
be performed by an Independent MAI-designated appraiser.

“Appraisal Reduction
Amount”: For any Distribution Date and for any Serviced Mortgage Loan or Serviced Whole Loan as to which any Appraisal Reduction
Event has occurred, will be an amount, calculated by the applicable Special Servicer (prior to the occurrence and continuance of a Consultation
Termination Event, in consultation with the Directing Certificateholder (except in the case of an Excluded Loan with respect to the Directing
Certificateholder or the Holder of the majority of the Controlling Class), and, after the occurrence and during the continuance of a Control
Termination Event, in consultation with the Directing Certificateholder (except with respect to any such Excluded Loan) and the Operating
Advisor and, after the occurrence and during the continuance of a Consultation Termination Event, in consultation with the Operating Advisor),
as of the first Determination Date that is at least ten (10) Business Days following the date on which the applicable Special Servicer
receives the related Appraisal (together with information requested by the applicable Special Servicer from the applicable Master Servicer
in accordance with Section 4.05 of this Agreement that is in the possession of the applicable Master Servicer and reasonably
necessary to calculate the Appraisal Reduction Amount), or conducts a valuation as described below, equal to the excess of (a) the
Stated Principal Balance of that Mortgage Loan or the Stated Principal Balance of the applicable Serviced Whole Loan over (b) the
excess of (i) the sum of (A) 90% of the Appraised Value of the related Mortgaged Property as determined (1) by one or more
Appraisals obtained by the applicable Special Servicer with respect to that Mortgage Loan (together with any other Mortgage Loan cross-collateralized
with such Mortgage Loan) or Serviced Whole Loan, as the case may be,

    	 	-14-	 

    

    

with an outstanding principal balance equal
to or in excess of $2,000,000 (the costs of which shall be paid by the applicable Master Servicer as an Advance) or (2) by an internal
valuation performed by the applicable Special Servicer (or at the applicable Special Servicer’s election, by one or more MAI appraisals
obtained by such Special Servicer) with respect to any Mortgage Loan (together with any other Mortgage Loan cross-collateralized with
such Mortgage Loan) or Serviced Whole Loan, as the case may be, with an outstanding principal balance less than $2,000,000, minus, with
respect to any Appraisals, such downward adjustments as the applicable Special Servicer may make (without implying any obligation to do
so) based upon its review of the Appraisals and any other information it deems relevant; provided that, in the case of an NCB Co-op Mortgage
Loan, such Appraised Value shall be determined (i) except as provided in clause (ii) below, in the case of each Mortgaged Property, assuming
such Mortgaged Property is operated as a residential cooperative with such value, in general, to equal the sum of (x) the gross share
value of all cooperative units in such residential cooperative property (generally applying a discount for sponsor or investor held units
that are rent-regulated, rent-stabilized or rent-controlled units and in certain instances, for market rate units as and if deemed appropriate
by the appraiser), based in part on various comparable sales of cooperative apartment units in the market, plus (y) the amount of the
underlying debt encumbering such residential cooperative property and (ii) if the applicable Special Servicer determines, in accordance
with the Servicing Standard, that there is no reasonable expectation that the related Mortgaged Property will be operated as a residential
cooperative following any work-out or liquidation of the related Mortgage Loan, assuming such Mortgaged Property is operated as a multifamily
rental property; and (B) all escrows, letters of credit and reserves in respect of such Mortgage Loan or Serviced Whole Loan, as
applicable, as of the date of calculation over (ii) the sum of, as of the Due Date occurring in the month of the date of determination,
(A) to the extent not previously advanced by the applicable Master Servicer or the Trustee, all unpaid interest due on such Mortgage
Loan or Serviced Whole Loan, as the case may be, at a per annum rate equal to its Mortgage Rate (and, with respect to any Serviced
AB Whole Loan, any accrued and unpaid interest on the related AB Subordinate Companion Loan, as applicable), (B) all P&I Advances
on the related Mortgage Loan and all Servicing Advances on the related Mortgage Loan or Serviced Whole Loan, as applicable, not reimbursed
from proceeds of such Mortgage Loan or Serviced Whole Loan, as applicable, and interest thereon at the Reimbursement Rate in respect of
such Mortgage Loan or Serviced Whole Loan, as applicable, and (C) all currently due and unpaid real estate taxes, assessments, insurance
premiums, ground rents, unpaid Special Servicing Fees and all other amounts due and unpaid (including any capitalized interest whether
or not then due and payable) with respect to such Mortgage Loan or Serviced Whole Loan, as the case may be (which taxes, premiums, ground
rents and other amounts have not been the subject of an Advance by the applicable Master Servicer, the applicable Special Servicer or
the Trustee, as applicable); provided, however, that without limiting the applicable Special Servicer’s obligation
to order and obtain such Appraisal or perform such valuation, if the applicable Special Servicer has not obtained an Appraisal or performed
such valuation, as applicable, referred to above within sixty (60) days of the Appraisal Reduction Event (or with respect to the Appraisal
Reduction Events set forth in clauses (i) and (vi) of the definition of Appraisal Reduction Event, within one hundred twenty
(120) days (in the case of clause (i)) or ninety (90) days or one hundred twenty (120) days, as applicable (in case of clause (vi))
after the initial delinquency for the related Appraisal Reduction Event), the Appraisal Reduction Amount shall be deemed to be an amount
equal to 25% of the current Stated Principal Balance of the related Mortgage Loan or Serviced Whole Loan, as applicable, until such time
as such appraisal or

    	 	-15-	 

    

    

valuation referred to above is received (together
with information requested by the applicable Special Servicer from the applicable Master Servicer in accordance with Section 4.05
of this Agreement that is in possession of the applicable Master Servicer and reasonably necessary to calculate the Appraisal Reduction
Amount) or performed by the applicable Special Servicer and the Appraisal Reduction Amount is calculated by the applicable Special Servicer
as of the first Determination Date that is at least ten (10) Business Days after the applicable Special Servicer’s receipt of such
Appraisal or the completion of the valuation. Within sixty (60) days after the Appraisal Reduction Event, the applicable Special Servicer
shall order and use reasonable efforts to receive an Appraisal (the cost of which shall be paid by the applicable Master Servicer as a
Servicing Advance); provided, further, however, that with respect to an Appraisal Reduction Event as set forth in
clause (i) of the definition of Appraisal Reduction Event, the applicable Special Servicer shall order and use reasonable
efforts to receive such Appraisal within the one hundred twenty (120) day period set forth in such clause (i), and with respect
to an Appraisal Reduction Event as set forth in clause (vi) of the definition of Appraisal Reduction Event, the applicable
Special Servicer shall order and use reasonable efforts to receive such Appraisal within the ninety (90) day period or one hundred twenty
(120) day period, as applicable, set forth in such clause (vi); provided, further, however, that in no
event shall the applicable Special Servicer be required to obtain any such Appraisal prior to the conclusion of such sixty (60), ninety
(90) or one hundred twenty (120) day period, as applicable, and in each case, the related Appraisal shall be promptly delivered in electronic
format by the applicable Special Servicer to the applicable Master Servicer and the Directing Certificateholder (but in the case of the
Directing Certificateholder, only prior to the occurrence and continuance of a Consultation Termination Event and other than with respect
to any Excluded Loan with respect to the Directing Certificateholder), the Certificate Administrator and the Trustee. In connection with
any Appraisal Reduction Amount, the applicable Master Servicer shall provide the applicable Special Servicer with the information as set
forth in Section 4.05(c) within four (4) Business Days of its receipt of any such request. No Master Servicer shall calculate
Appraisal Reduction Amounts.

With respect to any Appraisal
Reduction Amount calculated for purposes of determining the existence and identity of the Controlling Class pursuant to Section 4.05(a),
the Appraised Value for the related Mortgaged Property determined in connection with clause (b)(i)(A)(1) or clause (b)(i)(A)(2)
of the first paragraph of this definition shall be determined on an “as-is” basis.

Notwithstanding anything
herein to the contrary, the aggregate Appraisal Reduction Amount related to a Mortgage Loan or the related REO Property will be reduced
to zero as of the date on which Mortgage Loan is paid in full, liquidated, repurchased or otherwise removed from the Trust or as otherwise
set forth in Section 4.05(d).

Any Appraisal Reduction Amount
in respect of a Non-Serviced Whole Loan and allocable to the related Non-Serviced Mortgage Loan shall be calculated by the applicable
party under, and in accordance with and pursuant to the terms of, the applicable Non-Serviced PSA and shall constitute an “Appraisal
Reduction Amount” under the terms of this Agreement with respect to such Non-Serviced Mortgage Loan and the applicable Master Servicer,
the applicable Special Servicer and the Certificate Administrator are entitled to conclusively rely on such calculation.

    	 	-16-	 

    

    

“Appraisal Reduction
Event”: With respect to any Serviced Mortgage Loan, Serviced Companion Loan and Serviced Whole Loan, the earliest of (i) one
hundred twenty (120) days after an uncured delinquency (without regard to the application of any Grace Period), other than any uncured
delinquency in respect of a Balloon Payment, occurs in respect of such Mortgage Loan, Serviced Companion Loan or Serviced Whole Loan,
as applicable, (ii) the date on which a reduction in the amount of Periodic Payments on such Mortgage Loan, Serviced Companion Loan
or Serviced Whole Loan, as applicable, or a change in any other material economic term of such Mortgage Loan, Serviced Companion Loan
or Serviced Whole Loan, as applicable (other than an extension of the Maturity Date), becomes effective as a result of a modification
of such Mortgage Loan, Serviced Companion Loan or Serviced Whole Loan, as applicable, by the applicable Special Servicer, (iii) thirty
(30) days after the date on which a receiver has been appointed for the Mortgaged Property, (iv) thirty (30) days after the date
on which a Mortgagor or the tenant at a single tenant property declares bankruptcy (and the bankruptcy petition is not otherwise dismissed
within such time), (v) sixty (60) days after the date on which an involuntary petition of bankruptcy is filed with respect to a Mortgagor
if not dismissed within such time, (vi) ninety (90) days after an uncured delinquency occurs in respect of a Balloon Payment with
respect to such Mortgage Loan, Serviced Companion Loan or Serviced Whole Loan, as applicable, except where a refinancing or sale is anticipated
within one hundred twenty (120) days after the Maturity Date of the Mortgage Loan, Serviced Companion Loan or Serviced Whole Loan, as
applicable, in which case one hundred twenty (120) days after such uncured delinquency, and (vii) immediately after such Mortgage
Loan, Serviced Companion Loan or Serviced Whole Loan, as applicable, becomes an REO Loan; provided that the thirty (30) day period
referenced in clause (iii) and clause (iv) shall not apply if the related Mortgage Loan is a Specially Serviced
Loan; provided, further, however, that an Appraisal Reduction Event shall not occur at any time when the aggregate
Certificate Balances of all Classes of Subordinate Certificates have been reduced to zero. The applicable Special Servicer shall notify
the applicable Master Servicer, the Directing Certificateholder and the Operating Advisor and the Other Servicer and the Other Trustee,
if applicable, or the applicable Master Servicer shall notify the applicable Special Servicer and the Operating Advisor and the Other
Servicer and the Other Trustee, as applicable, promptly upon such Person having notice or knowledge of the occurrence of any of the foregoing
events. The obligation to obtain an Appraisal following the occurrence of an Appraisal Reduction Event shall be subject to the provisions
of Section 4.05.

For the avoidance of doubt,
with respect to clauses (i) and (ii) above, neither (i) a Payment Accommodation with respect to any Mortgage Loan or Serviced Whole Loan
nor (ii) any default or delinquency that would have existed but for such Payment Accommodation shall constitute an Appraisal Reduction
Event, for so long as the related Mortgagor is complying with the terms of such Payment Accommodation.

“Appraisal Review
Period”: As defined in Section 4.05(b)(ii).

“Appraised Value”:
(i) With respect to any Mortgaged Property (other than a Non-Serviced Mortgaged Property and a Mortgaged Property securing an NCB
Co-op Mortgage Loan), the appraised value thereof as determined by the most recent Appraisal of the Mortgaged Property securing the related
Mortgage Loan, Serviced Whole Loan, or Serviced AB Whole Loan, as applicable, (ii) with respect to each Mortgaged Property securing an
NCB Co-op Mortgage Loan, the Appraised Value thereof based upon the most recent Appraisal obtained or conducted, as

    	 	-17-	 

    

    

appropriate, pursuant to this Agreement and
determined as if such property were operated as a residential cooperative (such “Appraised Value” generally equals the sum
of (x) the gross share value of all cooperative units in such residential cooperative property (generally applying a discount for sponsor
or investor held units that are rent-regulated, rent-stabilized or rent-controlled units and in certain instances, for market rate units
as and if deemed appropriate by the appraiser), based in part on various comparable sales of cooperative apartment units in the market,
plus (y) the amount of the underlying debt encumbering such residential cooperative property) and (iii) with respect to a Non-Serviced
Mortgaged Property, the appraised value allocable thereto, as determined pursuant to the applicable Non-Serviced PSA.

“Appraised-Out
Class”: As defined in Section 4.05(b)(i).

“Arbitration Rules”:
As defined in Section 2.03(n)(i).

“Arbitration Services
Provider”: As defined in Section 2.03(n)(i).

“ARD Loan”:
Any Mortgage Loan that is identified on the Mortgage Loan Schedule as having an Anticipated Repayment Date and Revised Rate. As of the
Closing Date, the Mortgage Loan secured by the Mortgaged Property identified on the Mortgage Loan Schedule as “1600 Broadway”
is an ARD Loan.

“Asset Representations
Reviewer”: Pentalpha Surveillance LLC, a Delaware limited liability company, and its successors-in-interest.

“Asset Representations
Reviewer Asset Review Fee”: As defined in Section 12.02(b).

“Asset Representations
Reviewer Fee”: As defined in Section 12.02(a).

“Asset Representations
Reviewer Fee Rate”: As defined in Section 12.02(a).

“Asset Representations
Reviewer Termination Event”: As defined in Section 12.05(a).

“Asset Review”:
A review of the compliance of each Delinquent Loan with certain representations and warranties of the applicable Mortgage Loan Seller,
in accordance with the Asset Review Standard and the procedures set forth on Exhibit PP hereto.

“Asset Review Notice”:
As defined in Section 12.01(a).

“Asset Review Quorum”:
In connection with any solicitation of votes to authorize an Asset Review as described in Section 12.01(a), the Certificateholders
(other than the Holders of the RR Interest) evidencing at least 5% of the aggregate Voting Rights represented by all of the Certificates
that have Voting Rights.

“Asset Review Report”:
As defined in Section 12.01(b)(viii), a report setting forth the findings and conclusions of an Asset Review substantially
in the form attached hereto as Exhibit NN.

    	 	-18-	 

    

    

“Asset Review Report
Summary”: As defined in Section 12.01(b)(viii), a summary report setting forth the conclusions of an Asset Review
Report substantially in the form attached hereto as Exhibit OO.

“Asset Review Standard”:
The performance by the Asset Representations Reviewer of its duties under this Agreement in good faith subject to the express terms of
this Agreement. All determinations or assumptions made by the Asset Representations Reviewer in connection with an Asset Review shall
be made in the Asset Representations Reviewer’s good faith discretion and judgment based on the facts and circumstances known to
it at the time of such determination or assumption.

“Asset Review Trigger”:
Any time when either (1) Mortgage Loans with an aggregate outstanding principal balance of 25.0% or more of the aggregate outstanding
principal balance of all of the Mortgage Loans (including any successor REO Loans (but excluding any related Companion Loan)) held by
the Trust as of the end of the applicable Collection Period are Delinquent Loans or (2)(A) prior to and including the second anniversary
of the Closing Date, at least 10 Mortgage Loans are Delinquent Loans as of the end of the applicable Collection Period and the outstanding
principal balance of such Delinquent Loans in the aggregate constitutes at least 15.0% of the aggregate outstanding principal balance
of all of the Mortgage Loans (including any successor REO Loans (but excluding any related Companion Loan)) held by the Trust as of the
end of the applicable Collection Period, or (B) after the second anniversary of the Closing Date, at least fifteen (15) Mortgage Loans
are Delinquent Loans as of the end of the applicable Collection Period and the outstanding principal balance of such Delinquent Loans
in the aggregate constitutes at least 20.0% of the aggregate outstanding principal balance of all of the Mortgage Loans (including any
successor REO Loans (but excluding any related Companion Loan)) held by the Trust as of the end of the applicable Collection Period.

“Asset Review Vote
Election”: As defined in Section 12.01(a).

“Asset Status Report”:
As defined in Section 3.19(d).

“Assignment”
and “Assignments”: Each as defined in Section 2.01(c).

“Assignment of Leases”:
With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar instrument executed by the Mortgagor, assigning
to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing or disposition of all or a portion
of such Mortgaged Property, in the form which was duly executed, acknowledged and delivered, as amended, modified, renewed or extended
through the date hereof and from time to time hereafter.

“Assignment of Mortgage”:
With respect to any Mortgaged Property, an assignment of Mortgage without recourse, notice of transfer or equivalent instrument, in recordable
form, which is sufficient under the laws of the jurisdiction in which the related Mortgaged Property is located to reflect of record the
assignment of the Mortgage, which assignment, notice of transfer or equivalent instrument may be in the form of one or more blanket assignments
covering Mortgages encumbering Mortgaged Properties located in the same jurisdiction, if permitted by law and acceptable for recording.

    	 	-19-	 

    

    

“Assumed Scheduled
Payment”: For any Collection Period and with respect to any Mortgage Loan (including any Non-Serviced Mortgage Loan) that is
delinquent in respect of its Balloon Payment or any REO Loan (excluding, for purposes of determining or making P&I Advances, the portion
allocable to any related Companion Loan), an amount equal to the sum of (a) the principal portion of the Periodic Payment that would
have been due on such Mortgage Loan or REO Loan on the related Due Date based on the constant payment required by the related Mortgage
Note or the original amortization schedule of such Mortgage Loan (as calculated with interest at the related Mortgage Rate), if applicable,
assuming such Balloon Payment has not become due, after giving effect to any reduction in the principal balance thereof occurring in connection
with a modification of such Mortgage Loan in connection with a default or bankruptcy (or similar proceeding), and (b) interest on
the Stated Principal Balance of such Mortgage Loan or REO Loan (excluding, for purposes of determining P&I Advances, the portion allocable
to any related Companion Loan) at the applicable Mortgage Rate (net of interest at the Servicing Fee Rate and the related Non-Serviced
Primary Servicing Fee Rate, if applicable).

“Authenticating
Agent”: The Certificate Administrator or any agent of the Certificate Administrator appointed to act as Authenticating Agent
pursuant to Section 5.02(a), in each case in its capacity as authenticating agent, or if any successor authenticating agent
is appointed pursuant to Section 5.02(a), such successor authenticating agent.

“Available Funds”:
With respect to any Distribution Date, an amount equal to the sum of (i) the Non-Retained Percentage of the Aggregate Available Funds
for such Distribution Date and (ii) the Gain-on-Sale Remittance Amount.

“Balloon Mortgage
Loan”: Any Mortgage Loan or Companion Loan that by its original terms or by virtue of any modification entered into as of the
Closing Date provides for an amortization schedule for such Mortgage Loan or Companion Loan extending beyond its Maturity Date.

“Balloon Payment”:
With respect to any Balloon Mortgage Loan, as of any date of determination, the Periodic Payment payable on the Maturity Date of such
Balloon Mortgage Loan.

“BANK 2022-BNK40
PSA”: The pooling and servicing agreement, dated as of March 1, 2022, between Wells Fargo Commercial Mortgage Securities, Inc.,
as depositor, Wells Fargo Bank, National Association, as general master servicer, CWCapital Asset Management LLC, as general special servicer,
National Cooperative Bank, N.A., as NCB master servicer and as NCB special servicer, Computershare Trust Company, N.A., as certificate
administrator, Wilmington Trust, National Association, as trustee, and Pentalpha Surveillance LLC, as operating advisor and as asset representations
reviewer, as from time to time amended, supplemented or modified.

“Bankruptcy Code”:
The federal Bankruptcy Code, as amended from time to time (Title 11 of the United States Code).

“Base Interest Fraction”:
As defined in Section 4.01(e).

    	 	-20-	 

    

    

“BMARK 2022-B34
PSA”: The pooling and servicing agreement, dated as of April 1, 2022, between Deutsche Mortgage & Asset Receiving Corporation,
as depositor, KeyBank National Association, as master servicer, LNR Partners, LLC, as special servicer, Computershare Trust Company, N.A.,
as certificate administrator, paying agent and custodian, Wilmington Trust, National Association, as trustee, and Park Bridge Lender Services
LLC, as operating advisor and as asset representations reviewer, as from time to time amended, supplemented or modified.

“Book-Entry
Certificate”: Any Certificate registered in the name of the Depository or its nominee.

“Borrower Party”:
A borrower, a Mortgagor, a manager of a Mortgaged Property, an Accelerated Mezzanine Loan Lender, or any Borrower Party Affiliate. For
the avoidance of doubt, with respect to a Mortgage Loan secured by a residential cooperative property, a person shall not be considered
a “Borrower Party” solely by reason of such person holding one or more cooperative unit loans that are secured by direct equity
interests in the related borrower or owning one or more residential cooperative units comprising the related Mortgaged Property as a result
of any foreclosure, transfer in lieu of foreclosure or other exercise of remedies with respect to any such unit loan(s).

“Borrower Party
Affiliate”: With respect to a borrower, a Mortgagor, a manager of a Mortgaged Property or an Accelerated Mezzanine Loan Lender,
(a) any other Person controlling or controlled by or under common control with such borrower, Mortgagor, manager or Accelerated Mezzanine
Loan Lender, as applicable, or (b) any other Person owning, directly or indirectly, 25% or more of the beneficial interests in such borrower,
Mortgagor, manager or Accelerated Mezzanine Loan Lender, as applicable. For purposes of this definition, “control” when used
with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether
through the ownership of voting securities, by contract or otherwise and the terms “controlling” and “controlled”
have meanings correlative to the foregoing.

“Borrower-Related
Party”: As defined in Section 3.32.

“Breach”:
With respect to any Mortgage Loan, a breach of any representation or warranty with respect to such Mortgage Loan set forth in Section 4(b)
of the related Mortgage Loan Purchase Agreement.

“Business Day”:
Any day other than a Saturday, a Sunday or a day on which banking institutions in California, Kansas, Ohio, New York, North Carolina,
Pennsylvania or the city and state in which the Corporate Trust Office of the Trustee or the Certificate Administrator, or the principal
place of business or principal commercial mortgage loan servicing office of any Master Servicer or Special Servicer is located, or the
New York Stock Exchange or the Federal Reserve System of the United States of America are authorized or obligated by law or executive
order to remain closed.

“BXP 2021-601L TSA”:
The trust and servicing agreement, dated and effective as of December 29, 2021, between Wells Fargo Commercial Mortgage Securities, Inc.,
as depositor, Wells Fargo Bank, National Association, as servicer, Situs Holdings, LLC, as special servicer, and

    	 	-21-	 

    

    

Computershare Trust Company, N.A., as certificate
administrator and trustee, as from time to time amended, supplemented or modified.

“CERCLA”:
The Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended.

“Certificate”:
Any one of the Depositor’s Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41, as executed and delivered by the
Certificate Registrar and authenticated and delivered hereunder by the Authenticating Agent. For the avoidance of doubt, the RR Interest
shall be a Certificate.

“Certificate Administrator”:
Computershare Trust Company, National Association, in its capacity as certificate administrator, or if any successor certificate administrator
is appointed thereto pursuant to Section 5.08 or any successor certificate administrator appointed hereunder. Computershare
Trust Company, National Association shall perform the certificate administrator role through its Corporate Trust Services division, including,
as applicable, any agents or affiliates utilized thereby.

“Certificate Administrator
Fee”: The fee to be paid to the Certificate Administrator as compensation for the Certificate Administrator’s activities
under this Agreement; provided that the Certificate Administrator Fee includes the Trustee Fee, and the Certificate Administrator
shall pay the Trustee Fee to the Trustee.

“Certificate Administrator
Fee Rate”: The Certificate Administrator Fee shall be equal to the product of the rate equal to 0.00658% per annum and
the Stated Principal Balance of the related Mortgage Loan (calculated in the same manner as interest is calculated on the related Mortgage
Loan) or REO Loan (other than the portion of an REO Loan related to any Companion Loan) as of the preceding Distribution Date. The Certificate
Administrator Fee includes the Trustee Fee.

“Certificate Administrator’s
Website”: The Certificate Administrator’s Internet website, which shall initially be located at “www.ctslink.com”.

“Certificate Balance”:
With respect to any Class of Principal Balance Certificates or Exchangeable Upper-Tier Regular Interest, (i) on or prior to the first
Distribution Date, an amount equal to the Original Certificate Balance of such Class of Principal Balance Certificates or Exchangeable
Upper-Tier Regular Interest and (ii) as of any date of determination after the first Distribution Date, the Certificate Balance of
such Class of Principal Balance Certificates or Exchangeable Upper-Tier Regular Interest on the Distribution Date immediately prior to
such date of determination (determined as adjusted pursuant to Section 1.02(iii)). Each Class of Class A-3 Exchangeable Certificates,
Class A-4 Exchangeable Certificates, Class A-S Exchangeable Certificates, Class B Exchangeable Certificates and Class C Exchangeable Certificates
shall have a Certificate Balance or Notional Amount equal to its Class Percentage Interest multiplied by the Certificate Balance of the
Class A-3 Upper-Tier Regular Interest, Class A-4 Upper-Tier Regular Interest, Class A-S Upper-Tier Regular Interest, Class B Upper-Tier
Regular Interest or Class C Upper-Tier Regular Interest, respectively.

    	 	-22-	 

    

    

“Certificate Factor”:
With respect to any Class of Certificates (other than the Class R and Class V Certificates), as of any date of determination, a fraction,
expressed as a decimal carried to at least eight (8) places, the numerator of which is the then-related Certificate Balance or Notional
Amount, and the denominator of which is the related Original Certificate Balance.

“Certificate Owner”:
With respect to a Book-Entry Certificate, the Person who is the beneficial owner of such Certificate as reflected on the books of
the Depository or on the books of a Depository Participant or on the books of an indirect participating brokerage firm for which a Depository
Participant acts as agent.

“Certificate Register”
and “Certificate Registrar”: The register maintained and registrar appointed pursuant to Section 5.03(a).

“Certificateholder”
or “Holder”: The Person in whose name a Certificate is registered in the Certificate Register or any beneficial owner
thereof; provided, however, that solely for the purposes of giving any consent, approval, waiver or taking any action pursuant
to this Agreement, any Certificate registered in the name of or beneficially owned by any Master Servicer, any Special Servicer (including,
for the avoidance of doubt, any Excluded Special Servicer), the Trustee, the Certificate Administrator, the Depositor, any Mortgage Loan
Seller, a Mortgagor, a Borrower Party or any Affiliate of any of such Persons shall be deemed not to be outstanding (provided that
notwithstanding the foregoing, any Controlling Class Certificates owned by an Excluded Controlling Class Holder shall be deemed not to
be outstanding as to such Excluded Controlling Class Holder solely with respect to any related Excluded Controlling Class Loan; and provided,
further, that any Controlling Class Certificates owned by a Special Servicer or an Affiliate thereof shall be deemed not to be
outstanding as to such Special Servicer or such Affiliate solely with respect to any related Excluded Special Servicer Loan), and the
Voting Rights to which it is entitled shall not be taken into account in determining whether the requisite percentage of Voting Rights
necessary to effect any such consent, approval, waiver or take any such action has been obtained; provided, however, that
the foregoing restrictions shall not apply in the case of any Master Servicer, any Special Servicer (including, for the avoidance of doubt,
any Excluded Special Servicer), the Trustee, the Certificate Administrator, the Depositor, any Mortgage Loan Seller or any Affiliate of
any of such Persons unless such consent, approval or waiver sought from such party would in any way increase its compensation or limit
its obligations in the named capacities hereunder or waive a Servicer Termination Event or trigger an Asset Review (with respect to an
Asset Review and any Mortgage Loan Seller, solely with respect to any related Mortgage Loan subject to the Asset Review); provided,
further, that so long as there is no Servicer Termination Event with respect to a Master Servicer or a Special Servicer, as applicable,
such Master Servicer and such Special Servicer or any such Affiliate thereof shall be entitled to exercise such Voting Rights with respect
to any issue which could reasonably be believed to adversely affect such party’s compensation or increase its obligations or liabilities
hereunder; and provided, further, that such restrictions shall not apply to (i) the exercise of any Special Servicer’s,
any Master Servicer’s or any Mortgage Loan Seller’s rights, if any, or any of their Affiliates as a member of the Controlling
Class or (ii) any Affiliate of the Depositor, any Master Servicer, any Special Servicer, the Trustee or the Certificate Administrator
that has provided an Investor Certification in which it has certified as to the existence of certain policies and procedures restricting
the flow of information between it and the Depositor, such Master

    	 	-23-	 

    

    

Servicer, such Special Servicer, the Trustee
or the Certificate Administrator, as applicable. The Trustee and the Certificate Administrator shall each be entitled to request and rely
upon a certificate of any Master Servicer, any Special Servicer or the Depositor in determining whether a Certificate is registered in
the name of an Affiliate of such Person. All references herein to “Holders” or “Certificateholders” shall reflect
the rights of Certificate Owners as they may indirectly exercise such rights through the Depository and the Depository Participants, except
as otherwise specified herein; provided, however, that the parties hereto shall be required to recognize as a “Holder”
or “Certificateholder” only the Person in whose name a Certificate is registered in the Certificate Register. The Trustee
shall be the Holder of the Lower-Tier Regular Interests for the benefit of the Certificateholders.

“Certificateholder
Quorum”: The Holders of Certificates evidencing at least 50% of the aggregate Voting Rights (taking into account the application
of Realized Losses and, other than with respect to the termination of the Asset Representations Reviewer, the application of any Cumulative
Appraisal Reduction Amounts to notionally reduce the Certificate Balance of the Certificates) of all Principal Balance Certificates (other
than the RR Interest) on an aggregate basis.

“Certificateholder
Repurchase Request”: As defined in Section 2.03(k)(i).

“Certification Parties”:
As defined in Section 11.06.

“Certification Party”:
Any one of the Certification Parties.

“Certifying Person”:
As defined in Section 11.06.

“Certifying Servicer”:
As defined in Section 11.09.

“Class”:
With respect to any Certificates, all of the Certificates bearing the same alphanumeric Class designation. Each designated Lower-Tier
Regular Interest shall be a Class. Each Exchangeable Upper-Tier Regular Interest shall be a Class. For the avoidance of doubt, the RR
Interest shall be a Class of Certificates.

“Class A Certificate”:
Any Class A-1 or Class A-SB Certificate, Class A-3 Exchangeable Certificate or Class A-4 Exchangeable Certificate.

“Class A-1
Certificate”: A Certificate designated as “Class A-1” on the face thereof, in the form of Exhibit A-1
hereto, and evidencing a “regular interest” in the Upper-Tier REMIC for purposes of the REMIC Provisions.

“Class A-1
Pass-Through Rate”: With respect to any Distribution Date, a per annum rate equal to the Weighted Average
Net Mortgage Rate for such Distribution Date.

“Class A-3 Certificate”:
A Certificate designated as “Class A-3” on the face thereof, in the form of Exhibit A-1 hereto, and evidencing
undivided beneficial ownership of the related Exchangeable Class Specific Grantor Trust Assets for purposes of the REMIC Provisions.

“Class A-3 Exchangeable
Certificate”: Any of the Class A-3, Class A-3-1, Class A-3-2, Class A-3-X1 and Class A-3-X2 Certificates.

    	 	-24-	 

    

    

“Class A-3 Pass-Through
Rate”: With respect to any Distribution Date, a per annum rate equal to the Weighted Average Net Mortgage
Rate for such Distribution Date.

“Class A-3 Upper-Tier
Regular Interest”, “Class A-3-X1 Upper-Tier Regular Interest” and “Class A-3-X2 Upper-Tier Regular
Interest”: Each, an uncertificated regular interest in the Upper-Tier REMIC which is issued by the Upper-Tier REMIC, held
as an asset of the Grantor Trust and has the initial Pass-Through Rate and Original Certificate Balance or Original Notional Amount set
forth in the Preliminary Statement hereto.

“Class A-3 UT Pass-Through
Rate”: With respect to any Distribution Date, a per annum rate equal to the Class A-3 Pass-Through Rate minus 1.0000%.

“Class A-3-1 Certificate”:
A Certificate designated as “Class A-3-1” on the face thereof, in the form of Exhibit A-1 hereto, and evidencing
undivided beneficial ownership of the related Exchangeable Class Specific Grantor Trust Assets for purposes of the REMIC Provisions.

“Class A-3-1 Pass-Through
Rate”: With respect to any Distribution Date, the sum of the Class A-3 UT Pass-Through Rate and the Class A-3-X2 UT Pass-Through
Rate for such Distribution Date.

“Class A-3-2 Certificate”:
A Certificate designated as “Class A-3-2” on the face thereof, in the form of Exhibit A-1 hereto, and evidencing
undivided beneficial ownership of the related Exchangeable Class Specific Grantor Trust Assets for purposes of the REMIC Provisions.

“Class A-3-2 Pass-Through
Rate”: With respect to any Distribution Date, the Class A-3 UT Pass-Through Rate for such Distribution Date.

“Class A-3-X1 Certificate”:
A Certificate designated as “Class A-3-X1” on the face thereof, in the form of Exhibit A-1 hereto, and evidencing
undivided beneficial ownership of the related Exchangeable Class Specific Grantor Trust Assets for purposes of the REMIC Provisions.

“Class A-3-X1 Notional
Amount”: As of any date of determination, the Certificate Balance of the Class A-3-1 Certificates.

“Class A-3-X1 Pass-Through
Rate”: With respect to any Distribution Date, a per annum rate equal to 0.5000%.

“Class A-3-X1 UT
Notional Amount”: As of any date of determination, the Certificate Balance of the Class A-3 Upper-Tier Regular Interest.

“Class A-3-X1 UT
Pass-Through Rate”: With respect to any Distribution Date, a per annum rate equal to 0.5000%.

“Class A-3-X2 Certificate”:
A Certificate designated as “Class A-3-X2” on the face thereof, in the form of Exhibit A-1 hereto, and evidencing
undivided beneficial ownership of the related Exchangeable Class Specific Grantor Trust Assets for purposes of the REMIC Provisions.

    	 	-25-	 

    

    

“Class A-3-X2 Notional
Amount”: As of any date of determination, the Certificate Balance of the Class A-3-2 Certificates.

“Class A-3-X2 Pass-Through
Rate”: With respect to any Distribution Date, a per annum rate equal to 1.0000%.

“Class A-3-X2 UT
Notional Amount”: As of any date of determination, the Certificate Balance of the Class A-3 Upper-Tier Regular Interest.

“Class A-3-X2 UT
Pass-Through Rate”: With respect to any Distribution Date, a per annum rate equal to 0.5000%.

“Class A-4 Certificate”:
A Certificate designated as “Class A-4” on the face thereof, in the form of Exhibit A-1 hereto, and evidencing
undivided beneficial ownership of the related Exchangeable Class Specific Grantor Trust Assets for purposes of the REMIC Provisions.

“Class A-4 Exchangeable
Certificate”: Any of the Class A-4, Class A-4-1, Class A-4-2, Class A-4-X1 and Class A-4-X2 Certificates.

“Class A-4 Pass-Through
Rate”: With respect to any Distribution Date, a per annum rate equal to the Weighted Average Net Mortgage
Rate for such Distribution Date.

“Class A-4 Upper-Tier
Regular Interest”, “Class A-4-X1 Upper-Tier Regular Interest” and “Class A-4-X2 Upper-Tier Regular
Interest”: Each, an uncertificated regular interest in the Upper-Tier REMIC which is issued by the Upper-Tier REMIC, held
as an asset of the Grantor Trust and has the initial Pass-Through Rate and Original Certificate Balance or Original Notional Amount set
forth in the Preliminary Statement hereto.

“Class A-4 UT Pass-Through
Rate”: With respect to any Distribution Date, a per annum rate equal to the Class A-4 Pass-Through Rate minus 1.0000%.

“Class A-4-1 Certificate”:
A Certificate designated as “Class A-4-1” on the face thereof, in the form of Exhibit A-1 hereto, and evidencing
undivided beneficial ownership of the related Exchangeable Class Specific Grantor Trust Assets for purposes of the REMIC Provisions.

“Class A-4-1 Pass-Through
Rate”: With respect to any Distribution Date, the sum of the Class A-4 UT Pass-Through Rate and the Class A-4-X2 UT Pass-Through
Rate for such Distribution Date.

“Class A-4-2 Certificate”:
A Certificate designated as “Class A-4-2” on the face thereof, in the form of Exhibit A-1 hereto, and evidencing
undivided beneficial ownership of the related Exchangeable Class Specific Grantor Trust Assets for purposes of the REMIC Provisions.

“Class A-4-2 Pass-Through
Rate”: With respect to any Distribution Date, the Class A-4 UT Pass-Through Rate for such Distribution Date.

“Class A-4-X1 Certificate”:
A Certificate designated as “Class A-4-X1” on the face thereof, in the form of Exhibit A-1 hereto, and evidencing
undivided beneficial ownership of

    	 	-26-	 

    

    

the related Exchangeable Class Specific Grantor
Trust Assets for purposes of the REMIC Provisions.

“Class A-4-X1 Notional
Amount”: As of any date of determination, the Certificate Balance of the Class A-4-1 Certificates.

“Class A-4-X1 Pass-Through
Rate”: With respect to any Distribution Date, a per annum rate equal to 0.5000%.

“Class A-4-X1 UT
Notional Amount”: As of any date of determination, the Certificate Balance of the Class A-4 Upper-Tier Regular Interest.

“Class A-4-X1 UT
Pass-Through Rate”: With respect to any Distribution Date, a per annum rate equal to 0.5000%.

“Class A-4-X2 Certificate”:
A Certificate designated as “Class A-4-X2” on the face thereof, in the form of Exhibit A-1 hereto, and evidencing
undivided beneficial ownership of the related Exchangeable Class Specific Grantor Trust Assets for purposes of the REMIC Provisions.

“Class A-4-X2 Notional
Amount”: As of any date of determination, the Certificate Balance of the Class A-4-2 Certificates.

“Class A-4-X2 Pass-Through
Rate”: With respect to any Distribution Date, a per annum rate equal to 1.0000%.

“Class A-4-X2 UT
Notional Amount”: As of any date of determination, the Certificate Balance of the Class A-4 Upper-Tier Regular Interest.

“Class A-4-X2 UT
Pass-Through Rate”: With respect to any Distribution Date, a per annum rate equal to 0.5000%.

“Class A-S
Certificate”: A Certificate designated as “Class A-S” on the face thereof, in the form of Exhibit A-1
hereto, and evidencing undivided beneficial ownership of the related Exchangeable Class Specific Grantor Trust Assets for purposes of
the REMIC Provisions.

“Class A-S Exchangeable
Certificate”: Any of the Class A-S, Class A-S-1, Class A-S-2, Class A-S-X1 and Class A-S-X2 Certificates.

“Class A-S
Pass-Through Rate”: With respect to any Distribution Date, a per annum rate equal to the Weighted Average
Net Mortgage Rate for such Distribution Date.

“Class A-S
Upper-Tier Regular Interest”, “Class A-S-X1 Upper-Tier Regular Interest” and “Class A-S-X2
Upper-Tier Regular Interest”: Each, an uncertificated regular interest in the Upper-Tier REMIC which is issued by the Upper-Tier
REMIC, held as an asset of the Grantor Trust and has the initial Pass-Through Rate and Original Certificate Balance or Original Notional
Amount set forth in the Preliminary Statement hereto.

    	 	-27-	 

    

    

“Class A-S
UT Pass-Through Rate”: With respect to any Distribution Date, a per annum rate equal to the Class A-S Pass-Through
Rate minus 1.0000%.

“Class A-S-1
Certificate”: A Certificate designated as “Class A-S-1” on the face thereof, in the form of Exhibit A-1
hereto, and evidencing undivided beneficial ownership of the related Exchangeable Class Specific Grantor Trust Assets for purposes of
the REMIC Provisions.

“Class A-S-1
Pass-Through Rate”: With respect to any Distribution Date, the sum of the Class A-S UT Pass-Through Rate and the Class A-S-X2
UT Pass-Through Rate for such Distribution Date.

“Class A-S-2
Certificate”: A Certificate designated as “Class A-S-2” on the face thereof, in the form of Exhibit A-1
hereto, and evidencing undivided beneficial ownership of the related Exchangeable Class Specific Grantor Trust Assets for purposes of
the REMIC Provisions.

“Class A-S-2
Pass-Through Rate”: With respect to any Distribution Date, the Class A-S UT Pass-Through Rate for such Distribution Date.

“Class A-S-X1
Certificate”: A Certificate designated as “Class A-S-X1” on the face thereof, in the form of Exhibit A-1
hereto, and evidencing undivided beneficial ownership of the related Exchangeable Class Specific Grantor Trust Assets for purposes of
the REMIC Provisions.

“Class A-S-X1
Notional Amount”: As of any date of determination, the Certificate Balance of the Class A-S-1 Certificates.

“Class A-S-X1
Pass-Through Rate”: With respect to any Distribution Date, a per annum rate equal to 0.5000%.

“Class A-S-X1
UT Notional Amount”: As of any date of determination, the Certificate Balance of the Class A-S Upper-Tier Regular Interest.

“Class A-S-X1
UT Pass-Through Rate”: With respect to any Distribution Date, a per annum rate equal to 0.5000%.

“Class A-S-X2
Certificate”: A Certificate designated as “Class A-S-X2” on the face thereof, in the form of Exhibit A-1
hereto, and evidencing undivided beneficial ownership of the related Exchangeable Class Specific Grantor Trust Assets for purposes of
the REMIC Provisions.

“Class A-S-X2
Notional Amount”: As of any date of determination, the Certificate Balance of the Class A-S-2 Certificates.

“Class A-S-X2
Pass-Through Rate”: With respect to any Distribution Date, a per annum rate equal to 1.0000%.

“Class A-S-X2
UT Notional Amount”: As of any date of determination, the Certificate Balance of the Class A-S Upper-Tier Regular Interest.

    	 	-28-	 

    

    

“Class A-S-X2
UT Pass-Through Rate”: With respect to any Distribution Date, a per annum rate equal to 0.5000%.

“Class A-SB
Certificate”: A Certificate designated as “Class A-SB” on the face thereof, in the form of Exhibit A-1 hereto,
and evidencing a “regular interest” in the Upper-Tier REMIC for purposes of the REMIC Provisions.

“Class A-SB
Pass-Through Rate”: With respect to any Distribution Date, a per annum rate equal to the Weighted Average
Net Mortgage Rate for such Distribution Date.

“Class A-SB
Planned Principal Balance”: With respect to any Distribution Date, the planned principal amount for such Distribution Date specified
in Schedule 2 hereto relating to the Class A-SB Certificates.

“Class B Certificate”:
A Certificate designated as “Class B” on the face thereof, in the form of Exhibit A-1 hereto, and evidencing
undivided beneficial ownership of the related Exchangeable Class Specific Grantor Trust Assets for purposes of the REMIC Provisions.

“Class B Exchangeable
Certificate”: Any of the Class B, Class B-1, Class B-2, Class B-X1 and Class B-X2 Certificates.

“Class B Pass-Through
Rate”: With respect to any Distribution Date, a per annum rate equal to the Weighted Average Net Mortgage
Rate for such Distribution Date.

“Class B Upper-Tier
Regular Interest”, “Class B-X1 Upper-Tier Regular Interest” and “Class B-X2 Upper-Tier
Regular Interest”: Each, an uncertificated regular interest in the Upper-Tier REMIC which is issued by the Upper-Tier REMIC,
held as an asset of the Grantor Trust and has the initial Pass-Through Rate and Original Certificate Balance or Original Notional Amount
set forth in the Preliminary Statement hereto.

“Class B UT
Pass-Through Rate”: With respect to any Distribution Date, a per annum rate equal to the Class B Pass-Through
Rate minus 1.0000%.

“Class B-1
Certificate”: A Certificate designated as “Class B-1” on the face thereof, in the form of Exhibit A-1
hereto, and evidencing undivided beneficial ownership of the related Exchangeable Class Specific Grantor Trust Assets for purposes of
the REMIC Provisions.

“Class B-1
Pass-Through Rate”: With respect to any Distribution Date, the sum of the Class B UT Pass-Through Rate and the Class B-X2 UT
Pass-Through Rate for such Distribution Date.

“Class B-2
Certificate”: A Certificate designated as “Class B-2” on the face thereof, in the form of Exhibit A-1
hereto, and evidencing undivided beneficial ownership of the related Exchangeable Class Specific Grantor Trust Assets for purposes of
the REMIC Provisions.

“Class B-2
Pass-Through Rate”: With respect to any Distribution Date, the Class B UT Pass-Through Rate for such Distribution Date.

    	 	-29-	 

    

    

“Class B-X1
Certificate”: A Certificate designated as “Class B-X1” on the face thereof, in the form of Exhibit A-1
hereto, and evidencing undivided beneficial ownership of the related Exchangeable Class Specific Grantor Trust Assets for purposes of
the REMIC Provisions.

“Class B-X1
Notional Amount”: As of any date of determination, the Certificate Balance of the Class B-1 Certificates.

“Class B-X1
Pass-Through Rate”: With respect to any Distribution Date, a per annum rate equal to 0.5000%.

“Class B-X1
UT Notional Amount”: As of any date of determination, the Certificate Balance of the Class B Upper-Tier Regular Interest.

“Class B-X1
UT Pass-Through Rate”: With respect to any Distribution Date, a per annum rate equal to 0.5000%.

“Class B-X2
Certificate”: A Certificate designated as “Class B-X2” on the face thereof, in the form of Exhibit A-1
hereto, and evidencing undivided beneficial ownership of the related Exchangeable Class Specific Grantor Trust Assets for purposes of
the REMIC Provisions.

“Class B-X2
Notional Amount”: As of any date of determination, the Certificate Balance of the Class B-2 Certificates.

“Class B-X2
Pass-Through Rate”: With respect to any Distribution Date, a per annum rate equal to 1.0000%.

“Class B-X2
UT Notional Amount”: As of any date of determination, the Certificate Balance of the Class B Upper-Tier Regular Interest.

“Class B-X2
UT Pass-Through Rate”: With respect to any Distribution Date, a per annum rate equal to 0.5000%.

“Class C Certificate”:
A Certificate designated as “Class C” on the face thereof, in the form of Exhibit A-1 hereto, and evidencing
undivided beneficial ownership of the related Exchangeable Class Specific Grantor Trust Assets for purposes of the REMIC Provisions.

“Class C Exchangeable
Certificate”: Any of the Class C, Class C-1, Class C-2, Class C-X1 and Class C-X2 Certificates.

“Class C Pass-Through
Rate”: With respect to any Distribution Date, a per annum rate equal to the Weighted Average Net Mortgage
Rate for such Distribution Date.

“Class C Upper-Tier
Regular Interest”, “Class C-X1 Upper-Tier Regular Interest” and “Class C-X2 Upper-Tier
Regular Interest”: Each, an uncertificated regular interest in the Upper-Tier REMIC which is issued by the Upper-Tier REMIC,
held as an asset of the Grantor Trust and has the initial Pass-Through Rate and Original Certificate Balance or Original Notional Amount
set forth in the Preliminary Statement hereto.

    	 	-30-	 

    

    

“Class C UT
Pass-Through Rate”: With respect to any Distribution Date, a per annum rate equal to the Class C Pass-Through
Rate minus 1.0000%.

“Class C-1
Certificate”: A Certificate designated as “Class C-1” on the face thereof, in the form of Exhibit A-1
hereto, and evidencing undivided beneficial ownership of the related Exchangeable Class Specific Grantor Trust Assets for purposes of
the REMIC Provisions.

“Class C-1
Pass-Through Rate”: With respect to any Distribution Date, the sum of the Class C UT Pass-Through Rate and the Class C-X2 UT
Pass-Through Rate for such Distribution Date.

“Class C-2
Certificate”: A Certificate designated as “Class C-2” on the face thereof, in the form of Exhibit A-1
hereto, and evidencing undivided beneficial ownership of the related Exchangeable Class Specific Grantor Trust Assets for purposes of
the REMIC Provisions.

“Class C-2
Pass-Through Rate”: With respect to any Distribution Date, the Class C UT Pass-Through Rate for such Distribution Date.

“Class C-X1
Certificate”: A Certificate designated as “Class C-X1” on the face thereof, in the form of Exhibit A-1
hereto, and evidencing undivided beneficial ownership of the related Exchangeable Class Specific Grantor Trust Assets for purposes of
the REMIC Provisions.

“Class C-X1
Notional Amount”: As of any date of determination, the Certificate Balance of the Class C-1 Certificates.

“Class C-X1
Pass-Through Rate”: With respect to any Distribution Date, a per annum rate equal to 0.5000%.

“Class C-X1
UT Notional Amount”: As of any date of determination, the Certificate Balance of the Class C Upper-Tier Regular Interest.

“Class C-X1
UT Pass-Through Rate”: With respect to any Distribution Date, a per annum rate equal to 0.5000%.

“Class C-X2
Certificate”: A Certificate designated as “Class C-X2” on the face thereof, in the form of Exhibit A-1
hereto, and evidencing undivided beneficial ownership of the related Exchangeable Class Specific Grantor Trust Assets for purposes of
the REMIC Provisions.

“Class C-X2
Notional Amount”: As of any date of determination, the Certificate Balance of the Class C-2 Certificates.

“Class C-X2
Pass-Through Rate”: With respect to any Distribution Date, a per annum rate equal to 1.0000%.

“Class C-X2
UT Notional Amount”: As of any date of determination, the Certificate Balance of the Class C Upper-Tier Regular Interest.

    	 	-31-	 

    

    

“Class C-X2
UT Pass-Through Rate”: With respect to any Distribution Date, a per annum rate equal to 0.5000%.

“Class D Certificate”:
A Certificate designated as “Class D” on the face thereof, in the form of Exhibit A-1 hereto, and evidencing
a “regular interest” in the Upper-Tier REMIC for purposes of the REMIC Provisions.

“Class D Pass-Through
Rate”: With respect to any Distribution Date, a per annum rate equal to 2.5000%.

“Class E Certificate”:
A Certificate designated as “Class E” on the face thereof, in the form of Exhibit A-1 hereto, and evidencing
a “regular interest” in the Upper-Tier REMIC for purposes of the REMIC Provisions.

“Class E Pass-Through
Rate”: With respect to any Distribution Date, a per annum rate equal to 2.5000%.

“Class F Certificate”:
A Certificate designated as “Class F” on the face thereof, in the form of Exhibit A-1 hereto, and evidencing
a “regular interest” in the Upper-Tier REMIC for purposes of the REMIC Provisions.

“Class F Pass-Through
Rate”: With respect to any Distribution Date, a per annum rate equal to 2.5000%.

“Class G Certificate”:
A Certificate designated as “Class G” on the face thereof, in the form of Exhibit A-1 hereto, and evidencing
a “regular interest” in the Upper-Tier REMIC for purposes of the REMIC Provisions.

“Class G Pass-Through
Rate”: With respect to any Distribution Date, a per annum rate equal to 2.5000%.

“Class H Certificate”:
A Certificate designated as “Class H” on the face thereof, in the form of Exhibit A-1 hereto, and evidencing
a “regular interest” in the Upper-Tier REMIC for purposes of the REMIC Provisions.

“Class H Pass-Through
Rate”: With respect to any Distribution Date, a per annum rate equal to 2.5000%.

“Class LA1
Uncertificated Interest”, “Class LASB Uncertificated Interest”, “Class LA3 Uncertificated
Interest”, “Class LA4 Uncertificated Interest”, “Class LAS Uncertificated Interest”,
“Class LB Uncertificated Interest”, “Class LC Uncertificated Interest”, “Class LD
Uncertificated Interest”, “Class LE Uncertificated Interest”, “Class LF Uncertificated
Interest”, “Class LG Uncertificated Interest” and “Class LH Uncertificated Interest”:
Each, an uncertificated regular interest in the Lower-Tier REMIC which is held as an asset of the Upper-Tier REMIC and has the
Original Lower-Tier Principal Amount and per annum rate of interest set forth in the Preliminary Statement hereto.

    	 	-32-	 

    

    

“Class LR Interest”:
The uncertificated residual interest in the Lower-Tier REMIC, represented by the Class R Certificates.

“Class Percentage
Interest”: With respect to each Class of Exchangeable Certificates and each Corresponding Exchangeable Upper-Tier Regular Interest,
(x) the Certificate Balance (or, if such class has an “X” suffix, Notional Amount) of such Class of Certificates, divided
by (y) the Certificate Balance of the Class A-3 Upper-Tier Regular Interest (if such Class of Exchangeable Certificates has an “A-3”
designation), the Certificate Balance of the Class A-4 Upper-Tier Regular Interest (if such Class of Exchangeable Certificates has an
“A-4” designation), the Certificate Balance of the Class A-S Upper-Tier Regular Interest (if such Class of Exchangeable Certificates
has an “A-S” designation), the Certificate Balance of the Class B Upper-Tier Regular Interest (if such Class of Exchangeable
Certificates has a “B” designation) or the Certificate Balance of the Class C Upper-Tier Regular Interest (if such Class of
Exchangeable Certificates has a “C” designation).

The initial Class Percentage
Interest of each Class of Exchangeable Certificates in each of the Corresponding Exchangeable Upper-Tier Regular Interests is set forth
below:

	
    Class
    of Exchangeable Certificates
	
    Class
    Percentage Interest in the Class A-3 Upper-Tier Regular Interest
	
    Class
    Percentage Interest in the Class A-3-X1 Upper-Tier Regular Interest
	
    Class
    Percentage Interest in the Class A-3-X2 Upper-Tier Regular Interest

	Class A-3 Certificates	100%	100%	100%
	Class A-3-1 Certificates	0%	N/A	0%
	Class A-3-2 Certificates	0%	N/A	N/A
	Class A-3-X1 Certificates	N/A	0%	N/A
	Class A-3-X2 Certificates	N/A	0%	0%
	
    Class
    of Exchangeable Certificates
	
    Class
    Percentage Interest in the Class A-4 Upper-Tier Regular Interest
	
    Class
    Percentage Interest in the Class A-4-X1 Upper-Tier Regular Interest
	
    Class
    Percentage Interest in the Class A-4-X2 Upper-Tier Regular Interest

	Class A-4 Certificates	100%	100%	100%
	Class A-4-1 Certificates	0%	N/A	0%
	Class A-4-2 Certificates	0%	N/A	N/A
	Class A-4-X1 Certificates	N/A	0%	N/A
	Class A-4-X2 Certificates	N/A	0%	0%
	
    Class
    of Exchangeable Certificates
	
    Class
    Percentage Interest in the Class A-S Upper-Tier Regular Interest
	
    Class
    Percentage Interest in the Class A-S-X1 Upper-Tier Regular Interest
	
    Class
    Percentage Interest in the Class A-S-X2 Upper-Tier Regular Interest

	Class A-S Certificates	100%	100%	100%
	Class A-S-1 Certificates	0%	N/A	0%
	Class A-S-2 Certificates	0%	N/A	N/A
	Class A-S-X1 Certificates	N/A	0%	N/A

    	 	-33-	 

    

    

 

	Class A-S-X2 Certificates	N/A	0%	0%
	
    Class
    of Exchangeable Certificates
	
    Class
    Percentage Interest in the Class B Upper-Tier Regular Interest
	
    Class
    Percentage Interest in the Class B-X1 Upper-Tier Regular Interest
	
    Class
    Percentage Interest in the Class B-X2 Upper-Tier Regular Interest

	Class B Certificates	100%	100%	100%
	Class B-1 Certificates	0%	N/A	0%
	Class B-2 Certificates	0%	N/A	N/A
	Class B-X1 Certificates	N/A	0%	N/A
	Class B-X2 Certificates	N/A	0%	0%
	
    Class
    of Exchangeable Certificates
	
    Class
    Percentage Interest in the Class C Upper-Tier Regular Interest
	
    Class
    Percentage Interest in the Class C-X1 Upper-Tier Regular Interest
	
    Class
    Percentage Interest in the Class C-X2 Upper-Tier Regular Interest

	Class C Certificates	100%	100%	100%
	Class C-1 Certificates	0%	N/A	0%
	Class C-2 Certificates	0%	N/A	N/A
	Class C-X1 Certificates	N/A	0%	N/A
	Class C-X2 Certificates	N/A	0%	0%

“Class R Certificate”:
A Certificate designated as “Class R” on the face thereof in the form of Exhibit A-2 hereto, and evidencing
the sole class of “residual interests” in each Trust REMIC for purposes of the REMIC Provisions.

“Class UR Interest”:
The uncertificated residual interest in the Upper-Tier REMIC, represented by the Class R Certificates.

“Class V Certificate”:
A Certificate designated as “Class V” on the face thereof in substantially the form set forth in Exhibit A-3
and designated as a Class V Certificate, and evidencing undivided beneficial ownership of the Class V Specific Grantor Trust Assets.

“Class V Specific
Grantor Trust Assets”: The portion of the Trust Fund consisting of a portion of any Excess Interest equal to the product of
(A) the Non-Retained Percentage and (B) the aggregate amount of Excess Interest received on or prior to the related Determination Date,
related amounts in the Excess Interest Distribution Account and the proceeds thereof, beneficial ownership of which is represented by
the Class V Certificates.

“Class X Certificates”:
The Class X-D, Class X-F, Class X-G or Class X-H Certificates, as the context may require.

“Class X-D
Certificate”: A Certificate designated as “Class X-D” on the face thereof, in the form of Exhibit A-1
hereto, and evidencing a “regular interest” in the Upper-Tier REMIC for purposes of the REMIC Provisions.

    	 	-34-	 

    

    

“Class X-D
Notional Amount”: As of any date of determination, the aggregate of the Certificate Balances of the Class D and Class E
Certificates.

“Class X-D
Pass-Through Rate”: The Pass-Through Rate for the Class X-D Certificates for any Distribution Date will equal the excess,
if any of (a) the Weighted Average Net Mortgage Rate for the related Distribution Date, over (b) the weighted average of the
Pass-Through Rates of the Class D and Class E Certificates for such Distribution Date, weighted on the basis of their respective aggregate
Certificate Balances immediately prior to the Distribution Date. The Pass-Through Rate applicable to the Class X-D Certificates for the
initial Distribution Date shall be the rate set forth in the Preliminary Statement hereto.

“Class X-F
Certificate”: A Certificate designated as “Class X-F” on the face thereof, in the form of Exhibit A-1
hereto, and evidencing a “regular interest” in the Upper-Tier REMIC for purposes of the REMIC Provisions.

“Class X-F
Notional Amount”: As of any date of determination, the Certificate Balance of the Class F Certificates.

“Class X-F
Pass-Through Rate”: The Pass-Through Rate for the Class X-F Certificates for any Distribution Date will equal the excess,
if any of (a) the Weighted Average Net Mortgage Rate for the related Distribution Date, over (b) the Pass-Through Rate of the
Class F Certificates for such Distribution Date. The Pass-Through Rate applicable to the Class X-F Certificates for the initial Distribution
Date shall be the rate set forth in the Preliminary Statement hereto.

“Class X-G
Certificate”: A Certificate designated as “Class X-G” on the face thereof, in the form of Exhibit A-1
hereto, and evidencing a “regular interest” in the Upper-Tier REMIC for purposes of the REMIC Provisions.

“Class X-G
Notional Amount”: As of any date of determination, the Certificate Balance of the Class G Certificates.

“Class X-G
Pass-Through Rate”: The Pass-Through Rate for the Class X-G Certificates for any Distribution Date will equal the excess,
if any of (a) the Weighted Average Net Mortgage Rate for the related Distribution Date, over (b) the Pass-Through Rate of the
Class G Certificates for such Distribution Date. The Pass-Through Rate applicable to the Class X-G Certificates for the initial Distribution
Date shall be the rate set forth in the Preliminary Statement hereto.

“Class X-H
Certificate”: A Certificate designated as “Class X-H” on the face thereof, in the form of Exhibit A-1
hereto, and evidencing a “regular interest” in the Upper-Tier REMIC for purposes of the REMIC Provisions.

“Class X-H
Notional Amount”: As of any date of determination, the Certificate Balance of the Class H Certificates.

“Class X-H
Pass-Through Rate”: The Pass-Through Rate for the Class X-H Certificates for any Distribution Date will equal the excess,
if any of (a) the Weighted Average

    	 	-35-	 

    

    

Net Mortgage Rate for the related Distribution
Date, over (b) the Pass-Through Rate of the Class H Certificates for such Distribution Date. The Pass-Through Rate applicable to
the Class X-H Certificates for the initial Distribution Date shall be the rate set forth in the Preliminary Statement hereto.

“Clearing Agency”:
An organization registered as a “clearing agency” pursuant to Section 17A of the Exchange Act. The initial Clearing Agency
shall be DTC.

“Clearstream”:
Clearstream Banking, Luxembourg or any successor thereto.

“Closing Date”:
May 5, 2022.

“CMBS”:
Commercial mortgage-backed securities.

“Code”:
The Internal Revenue Code of 1986, as amended from time to time, and applicable final or temporary regulations of the U.S. Department
of the Treasury issued pursuant thereto.

“Collateral Deficiency
Amount”: With respect to any AB Modified Loan as of any date of determination, shall be an amount, calculated by the applicable
Special Servicer equal to the excess of (i) the Stated Principal Balance of such AB Modified Loan (taking into account the related junior
note(s) and any pari passu notes included therein), over (ii) the sum of (in the case of a Whole Loan, solely to the extent allocable
to the subject Mortgage Loan) (x) the most recent Appraised Value for the related Mortgaged Property or Mortgaged Properties, plus (y)
solely to the extent not reflected or taken into account in such Appraised Value (or in the calculation of any related Appraisal Reduction
Amount) and to the extent on deposit with, or otherwise under the control of, the lender as of the date of such determination, any capital
or additional collateral contributed by the related Mortgagor at the time the Mortgage Loan became (and as part of the modification related
thereto) such AB Modified Loan for the benefit of the related Mortgaged Property or Mortgaged Properties (provided that in the
case of a Non-Serviced Mortgage Loan, the amounts set forth in this clause (y) will be taken into account solely to the extent
relevant information is received by the applicable Special Servicer), plus (z) any other escrows or reserves (in addition to any amounts
set forth in the immediately preceding clause (y) and solely to the extent not reflected or taken into account in the calculation
of any related Appraisal Reduction Amount) held by the lender in respect of such AB Modified Loan as of the date of such determination,
which such excess, for the avoidance of doubt, will be determined separately from and exclude any related Appraisal Reduction Amounts.
The applicable Master Servicer, the Operating Advisor (unless a Control Termination Event has occurred and is continuing and the applicable
Special Servicer has calculated any such Collateral Deficiency Amount) and the Certificate Administrator shall be entitled to conclusively
rely on the applicable Special Servicer’s calculation or determination of any Collateral Deficiency Amount.

With respect to any Collateral
Deficiency Amount calculated for purposes of determining the existence and identity of the Controlling Class pursuant to Section 4.05(a),
the Appraised Value for the related Mortgaged Property determined in connection with this definition shall be determined on an “as-is”
basis. The Master Servicers shall not calculate any Collateral Deficiency Amount.

    	 	-36-	 

    

    

“Collection Account”:
A segregated custodial account or accounts created and maintained by each Master Servicer pursuant to Section 3.04(a) on behalf
of the Trustee for the benefit of the Certificateholders, which, with respect to the Master Servicer, shall be entitled “Wells Fargo
Bank, National Association, as Master Servicer, on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of the
registered holders of BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41, Collection Account” and,
with respect to the NCB Master Servicer, shall be entitled “National Cooperative Bank, N.A., as NCB Master Servicer, on behalf of
Wilmington Trust, National Association, as Trustee, for the benefit of the registered holders of BANK 2022-BNK41, Commercial Mortgage
Pass-Through Certificates, Series 2022-BNK41, Collection Account”. Any such account or accounts shall be an Eligible Account. Subject
to the related Intercreditor Agreement and taking into account that each Companion Loan is subordinate or pari passu, as applicable,
to the related Serviced Mortgage Loan to the extent set forth in the related Intercreditor Agreement, the subaccount described in the
second paragraph of Section 3.04(b) that is part of the applicable Collection Account shall be for the benefit of the related
Serviced Companion Noteholders, to the extent funds on deposit in such subaccount are attributed to such Companion Loans and shall not
be an asset of the Trust, any Trust REMIC or the Grantor Trust.

“Collection Period”:
With respect to any Distribution Date and any Mortgage Loan (including any Companion Loan), the period beginning with the day after the
Determination Date in the month preceding the month in which such Distribution Date occurs (or, in the case of the first Distribution
Date, commencing immediately following the Cut-off Date) and ending with the Determination Date occurring in the month in which such Distribution
Date occurs.

“Commission”:
The Securities and Exchange Commission.

“Companion Distribution
Account”: With respect to any Serviced Companion Loan, the separate account created and maintained by the Companion Paying Agent
pursuant to Section 3.04(b) and held on behalf of the Serviced Companion Noteholders, which shall be entitled “Wells
Fargo Bank, National Association, as Companion Paying Agent, for the benefit of the Serviced Companion Noteholders of the Serviced Companion
Loans, relating to the BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41, Companion Distribution Account”.
The Companion Distribution Account shall not be an asset of the Trust, any Trust REMIC or the Grantor Trust, but instead shall be held
by the Companion Paying Agent on behalf of the Serviced Companion Noteholders. Any such account shall be an Eligible Account. Notwithstanding
the foregoing, if the General Master Servicer and the Companion Paying Agent are the same entity, the Companion Distribution Account may
be the subaccount referenced in the second paragraph of Section 3.04(b).

“Companion Holders”:
Each of the holders of record of any Companion Loan.

“Companion Loan(s)”:
The Constitution Center Pari Passu Companion Loans, the Dallas Design District Pari Passu Companion Loan, the Life Science Office Portfolio
Pari Passu Companion Loans, the 601 Lexington Avenue Pari Passu Companion Loans, the UCI Research Park Phases 12 & 13 Pari Passu Companion
Loans, the Norfolk Premium Outlets Pari Passu Companion Loans, the Shearer’s Industrial Portfolio Pari Passu Companion Loans, the
Journal Squared Tower 2 Pari Passu Companion Loans, the ExchangeRight Net Leased Portfolio #54 Pari

    	 	-37-	 

    

    

Passu Companion Loan, the Silver Sands Premium
Outlets Pari Passu Companion Loans, the ILPT Logistics Portfolio Pari Passu Companion Loans and any AB Subordinate Companion Loan.

“Companion Loan
Rating Agency”: Any NRSRO rating any class of Serviced Pari Passu Companion Loan Securities.

“Companion Paying
Agent”: With respect to the Serviced Companion Loans, if any, the General Master Servicer in its role as Companion Paying Agent
appointed pursuant to Section 3.27.

“Compensating Interest
Payments”: With respect to each Master Servicer, an aggregate amount as of any Distribution Date equal to the lesser of (i) the
aggregate amount of Prepayment Interest Shortfalls incurred in connection with voluntary principal prepayments received in respect of
the Mortgage Loans (other than Non-Serviced Mortgage Loans) for which such Master Servicer is acting as Master Servicer and any related
Serviced Pari Passu Companion Loans (in each case other than any Specially Serviced Loan or any Mortgage Loan or related Serviced Pari
Passu Companion Loan on which the applicable Special Servicer allowed a prepayment on a date other than the applicable Due Date) for the
related Distribution Date and (ii) the aggregate of (A) that portion of such Master Servicer’s Servicing Fees for such
Distribution Date that is, in the case of each Serviced Mortgage Loan, Serviced Pari Passu Companion Loan and REO Loan (excluding any
portion thereof related to an AB Subordinate Companion Loan) for which such Master Servicer is acting as Master Servicer for which Servicing
Fees are being paid to such Master Servicer in such Collection Period, calculated at a rate of 0.0025% per annum, (B) all
Prepayment Interest Excesses received by such Master Servicer during such Collection Period with respect to the Mortgage Loans (other
than the Non-Serviced Mortgage Loans) (and, so long as a Serviced Whole Loan is serviced hereunder, any related Serviced Pari Passu Companion
Loan) for which such Master Servicer is acting as Master Servicer subject to such prepayment and (C) to the extent earned on voluntary
principal prepayments, net investment earnings payable to such Master Servicer for such Collection Period received by such Master Servicer
during such Collection Period with respect to the Mortgage Loans (other than the Non-Serviced Mortgage Loans) for which such Master Servicer
is acting as Master Servicer or any related Serviced Pari Passu Companion Loan, as applicable, subject to such prepayment. In no event
will the rights of the Certificateholders to the offset of the aggregate Prepayment Interest Shortfalls be cumulative. However, if a Prepayment
Interest Shortfall occurs with respect to a Mortgage Loan as a result of the applicable Master Servicer’s allowing the related Mortgagor
to deviate (a “Prohibited Prepayment”) from the terms of the related Mortgage Loan documents regarding Principal Prepayments
(other than (V) a Non-Serviced Mortgage Loan, (W) subsequent to a default under the related Mortgage Loan documents or if the
Mortgage Loan is a Specially Serviced Loan, (X) pursuant to applicable law or a court order or otherwise in such circumstances where
the applicable Master Servicer is required to accept such Principal Prepayment in accordance with the Servicing Standard, (Y)(i) at
the request or with the consent of the applicable Special Servicer or, (ii) for so long as no Control Termination Event has occurred and
is continuing and, other than with respect to an Excluded Loan as to the Directing Certificateholder or the Holder of the majority of
the Controlling Class, at the request or with the consent of the Directing Certificateholder, or (Z) in connection with the payment
of any Insurance and Condemnation Proceeds), then for purposes of calculating the Compensating Interest Payment for the related Distribution
Date, such Master Servicer shall pay, without regard to clause (ii) above, the

    	 	-38-	 

    

    

aggregate amount of Prepayment Interest Shortfalls
with respect to such Mortgage Loan, otherwise described in clause (i) above in connection with such Prohibited Prepayments.
No Master Servicer shall be required to make any Compensating Interest Payment as a result of any prepayments on Mortgage Loans or Companion
Loans for which it does not act as Master Servicer or on any AB Subordinate Companion Loan.

For the avoidance of doubt,
Compensating Interest Payments attributable to a Serviced Whole Loan shall be allocated among the related Mortgage Loan and the related
Serviced Pari Passu Companion Loan(s), pro rata, in accordance with their respective principal balances.

“Constitution Center
Intercreditor Agreement”: That certain Intercreditor Agreement, dated as of March 1, 2022, by and between the holders of the
respective promissory notes evidencing the Constitution Center Whole Loan, relating to the relative rights of such holders of the Constitution
Center Whole Loan, as the same may be amended in accordance with the terms thereof.

“Constitution Center
Mortgage Loan”: With respect to the Constitution Center Whole Loan, the Mortgage Loan that is included in the Trust (identified
as Mortgage Loan No. 1 on the Mortgage Loan Schedule), which is evidenced by the related promissory notes A-1 and A-7, which are pari
passu in right of payment with Constitution Center Pari Passu Companion Loans and generally senior in right of payment to the Constitution
Center Subordinate Companion Loans to the extent set forth in the Constitution Center Intercreditor Agreement.

“Constitution Center
Mortgaged Property”: The Mortgaged Property that secures the Constitution Center Whole Loan.

“Constitution Center
Pari Passu Companion Loans”: With respect to the Constitution Center Whole Loan, as of the Closing Date, the pari passu
companion loans evidenced by the related promissory notes A-2, A-3, A-4, A-5, A-6, A-8 and A-9 made by the related Mortgagor and secured
by the Mortgage on the Constitution Center Mortgaged Property, which are not included in the Trust and which are pari passu in
right of payment to the Constitution Center Mortgage Loan to the extent set forth in the related Mortgage Loan documents and as provided
in the Constitution Center Intercreditor Agreement.

“Constitution Center
Subordinate Companion Loans”: With respect to the Constitution Center Whole Loan, as of the Closing Date, the Companion Loan
evidenced by the promissory note designated as promissory notes B-1, B-2 and B-3, made by the related Mortgagor and secured by the Mortgage
on the Constitution Center Mortgaged Property, which is not included in the Trust and which is generally subordinate in right of payment
to the Constitution Center Mortgage Loan and the Constitution Center Serviced Pari Passu Companion Loans to the extent set forth in the
related Mortgage Loan documents and as provided in the Constitution Center Intercreditor Agreement.

“Constitution Center
Whole Loan”: The Constitution Center Mortgage Loan, together with the Constitution Center Pari Passu Companion Loans, the Constitution
Center Subordinate Companion Loans, each of which is secured by the same Mortgage on the Constitution Center Mortgaged Property. References
herein to the Constitution Center Whole Loan shall be

    	 	-39-	 

    

    

construed to refer to the aggregate indebtedness
under the Constitution Center Mortgage Loan, the Constitution Center Pari Passu Companion Loans and the Constitution Center Subordinate
Companion Loans.

“Consultation Termination
Event”: At any date at which (i) no Class of Control Eligible Certificates exists where such Class’s aggregate Certificate
Balance is at least equal to 25% of the Original Certificate Balance of that Class, in each case without regard to the application of
any Cumulative Appraisal Reduction Amounts; or (ii) a Holder of the Class G Certificates is the majority Controlling Class Certificateholder
and has irrevocably waived its right, in writing, to exercise any of the rights of the Controlling Class Certificateholder and such rights
have not been reinstated to a successor controlling class certificateholder pursuant Section 3.23(l); provided that no Consultation
Termination Event resulting solely from the operation of clause (ii) shall be deemed to have existed or be in continuance with respect
to a successor Holder of the Class G Certificates that has not irrevocably waived its right to exercise any of the rights of the Controlling
Class Certificateholder; provided, further, that no Consultation Termination Event may occur with respect to a Loan-Specific
Directing Certificateholder related to a Servicing Shift Whole Loan and the term “Consultation Termination Event” shall not
be applicable to a Loan-Specific Directing Certificateholder related to such Servicing Shift Whole Loan; provided, further,
that a Consultation Termination Event shall be deemed not continuing in the event that the Certificate Balances of the Principal Balance
Certificates other than the Control Eligible Certificates and the RR Interest have been reduced to zero as a result of the allocation
of principal payments on the Mortgage Loans.

“Consumer Price
Index for All Urban Consumers”: The “Consumer Price Index for All Urban Consumers” as published by the U.S. Department
of Labor.

“Control Eligible
Certificates”: Any of the Class G or Class H Certificates.

“Control Termination
Event”: The occurrence of (i) the Certificate Balance of the Class G Certificates (taking into account the application of any
Cumulative Appraisal Reduction Amounts to notionally reduce the Certificate Balance of such Class in accordance with Section 4.05(a))
being reduced to less than 25% of the Original Certificate Balance of such Class or (ii) a Holder of the Class G Certificates is
the majority Controlling Class Certificateholder and has irrevocably waived its right, in writing, to exercise any of the rights of the
Controlling Class Certificateholder and such rights have not been reinstated to a successor controlling class certificateholder pursuant
to Section 3.23(l); provided, that no Control Termination Event may occur with respect to a Loan-Specific Directing Certificateholder
related to a Servicing Shift Whole Loan and the term “Control Termination Event” shall not be applicable to a Loan-Specific
Directing Certificateholder related to such Servicing Shift Whole Loan; provided, further, that a Control Termination Event
shall be deemed not continuing in the event that the Certificate Balances of the Principal Balance Certificates other than the Control
Eligible Certificates and the RR Interest have been reduced to zero as a result of the allocation of principal payments on the Mortgage
Loans.

“Controlling Class”:
As of any date of determination, the most subordinate Class of Control Eligible Certificates then outstanding that has an aggregate Certificate
Balance as notionally reduced by any Cumulative Appraisal Reduction Amounts allocable to such Class in accordance with Section 4.05(a),
at least equal to 25% of the Original Certificate Balance of that

    	 	-40-	 

    

    

Class; provided, that if at any time
the Certificate Balances of the Principal Balance Certificates other than the Control Eligible Certificates and the RR Interest have been
reduced to zero as a result of the allocation of principal payments on the Mortgage Loans, then the Controlling Class shall be the most
subordinate Class among the Control Eligible Certificates that has a Certificate Balance greater than zero without regard to any Cumulative
Appraisal Reduction Amounts. The Controlling Class as of the Closing Date will be the Class H Certificates. The Control Eligible Certificates
shall not include the RR Interest and the RR Interest shall not be permitted to be a Controlling Class.

“Controlling Class
Certificateholders”: Each Holder (or Certificate Owner, if applicable) of a Certificate of the Controlling Class as determined
by the Certificate Registrar, from time to time, upon request by any party hereto. The Depositor, the Trustee, any Master Servicer, any
Special Servicer or the Operating Advisor may from time to time request (the cost of which being an expense of the Trust) that the Certificate
Administrator provide a list of the Holders (or Certificate Owners, if applicable) of the Controlling Class and the Certificate Administrator
shall promptly provide such list without charge to such Depositor, Trustee, Master Servicer, Operating Advisor or Special Servicer, as
applicable. The Trustee, each applicable Master Servicer, each applicable Special Servicer and the Operating Advisor shall be entitled
to rely on any such list so provided.

“Conveyed Property”:
As defined in Section 2.01(a).

“Corporate Trust
Office”: The principal corporate trust office of the Trustee and the Certificate Administrator at which at any particular time
its corporate trust business with respect to this Agreement shall be administered, which office at the date of the execution of this Agreement
is located (i) with respect to Certificate transfers and surrenders, at 600 South 4th Street, 7th Floor, Minneapolis, Minnesota 55415;
(ii) with respect to the Trustee at 1100 North Market Street, Wilmington, Delaware 19890, Attention: CMBS Trustee BANK 2022-BNK41;
and (iii) for all other purposes, to the Certificate Administrator at 9062 Old Annapolis Road, Columbia, Maryland 21045, Attention: Corporate
Trust Services (CMBS), BANK 2022-BNK41.

“Corrected Loan”:
Any Specially Serviced Loan that has become current and remained current for three (3) consecutive Periodic Payments (for such purposes
taking into account any modification or amendment of the related Mortgage Loan or Companion Loan, as applicable, whether by a consensual
modification or in connection with a bankruptcy, insolvency or similar proceeding involving the Mortgagor), and (provided that
no other Servicing Transfer Event has occurred with respect to such Mortgage Loan or Companion Loan during such preceding three (3) months,
no additional event of default is foreseeable in the reasonable judgment of the applicable Special Servicer and no other event or circumstance
exists that causes such Mortgage Loan or Companion Loan, as applicable, to otherwise constitute a Specially Serviced Loan) the servicing
of which the applicable Special Servicer has returned to the applicable Master Servicer pursuant to Section 3.19(a).

“Corresponding Exchangeable
Upper-Tier Regular Interests”: With respect to each Class of Exchangeable Certificates, the Exchangeable Upper-Tier Regular
Interests set forth next to it in the table below.

    	 	-41-	 

    

    

 

	
    Class of Exchangeable
    Certificates
	
    Corresponding
    Exchangeable Upper-Tier Regular Interests

	Class A-3	Class A-3, Class A-3-X1, Class A-3-X2
	Class A-3-1	Class A-3, Class A-3-X2
	Class A-3-2	Class A-3
	Class A-3-X1	Class A-3-X1
	Class A-3-X2	Class A-3-X1, Class A-3-X2
	Class A-4	Class A-4, Class A-4-X1, Class A-4-X2
	Class A-4-1	Class A-4, Class A-4-X2
	Class A-4-2	Class A-4
	Class A-4-X1	Class A-4-X1
	Class A-4-X2	Class A-4-X1, Class A-4-X2
	Class A-S	Class A-S, Class A-S-X1, Class A-S-X2
	Class A-S-1	Class A-S, Class A-S-X2
	Class A-S-2	Class A-S
	Class A-S-X1	Class A-S-X1
	Class A-S-X2	Class A-S-X1, Class A-S-X2
	Class B	Class B, Class B-X1, Class B-X2
	Class B-1	Class B, Class B-X2
	Class B-2	Class B
	Class B-X1	Class B-X1
	Class B-X2	Class B-X1, Class B-X2
	Class C	Class C, Class C-X1, Class C-X2
	Class C-1	Class C, Class C-X2
	Class C-2	Class C
	Class C-X1	Class C-X1
	Class C-X2	Class C-X1, Class C-X2

“COVID Forbearance
Fees”: As defined in Section 3.18(a).

“CREFC®”:
The Commercial Real Estate Finance Council®, or any successor organization reasonably acceptable to the Certificate Administrator,
each Master Servicer, each Special Servicer and, prior to the occurrence and continuance of a Control Termination Event, the Directing
Certificateholder.

“CREFC®
Advance Recovery Report”: The monthly report substantially in the form of, and containing the information called for in, the
downloadable form of the “Advance Recovery Report” available as of the Closing Date on the CREFC® Website,
or such other form for the presentation of such information and containing such additional information as may from time to time be approved
by the CREFC® for commercial mortgage securities transactions generally.

“CREFC®
Appraisal Reduction Template”: A report substantially in the form of, and containing the information called for in, the downloadable
form of the “Appraisal Reduction Template” available as of the Closing Date on the CREFC® Website, or such
other form for the presentation of such information and containing such additional information as may from time to time be approved by
the CREFC® for commercial mortgage securities transactions generally.

    	 	-42-	 

    

    

“CREFC®
Bond Level File”: The data file in the “CREFC® Bond Level File” format substantially in the form
of and containing the information called for therein, or such other form for the presentation of such information as may be approved from
time to time by the CREFC® for commercial mortgage securities transactions generally.

“CREFC®
Collateral Summary File”: The data file in the “CREFC® Collateral Summary File” format substantially
in the form of and containing the information called for therein, or such other form for the presentation of such information as may be
approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

“CREFC®
Comparative Financial Status Report”: The monthly report in “Comparative Financial Status Report” format substantially
in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such
information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

“CREFC®
Delinquent Loan Status Report”: The monthly report in the “Delinquent Loan Status Report” format substantially in
the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such
information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

“CREFC®
Financial File”: The data file in the “CREFC® Financial File” format substantially in the form of
and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information
as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

“CREFC®
Historical Bond/Collateral Realized Loss Reconciliation Template”: A report substantially in the form of, and containing the
information called for in, the downloadable form of the “Historical Bond/Collateral Realized Loss Reconciliation Template”
available and effective from time to time on the CREFC® Website.

“CREFC®
Historical Liquidation Loss Template”: A report substantially in the form of, and containing the information called for in,
the downloadable form of the “Historical Liquidation Loss Template” available and effective from time to time on the CREFC®
Website.

“CREFC®
Historical Loan Modification/Forbearance and Corrected Mortgage Loan Report”: The monthly report in the “Historical Loan
Modification/Forbearance and Corrected Mortgage Loan Report” format substantially in the form of and containing the information
called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to
time by the CREFC® for commercial mortgage securities transactions generally.

“CREFC®
Intellectual Property Royalty License Fee”: With respect to each Mortgage Loan and REO Loan (other than the portion of an REO
Loan related to any Companion Loan) and for any Distribution Date, the amount accrued during the related Interest Accrual Period at the
CREFC® Intellectual Property Royalty License Fee Rate on the Stated Principal Balance of such Mortgage Loan or REO Loan
as of the close of business on the Distribution Date in such

    	 	-43-	 

    

    

Interest Accrual Period; provided that
such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment
due or deemed due on the related Mortgage Loan or REO Loan is computed and shall be prorated for partial periods. For the avoidance of
doubt, the CREFC® Intellectual Property Royalty License Fee shall be deemed payable by each applicable Master Servicer
from the Lower-Tier REMIC.

“CREFC®
Intellectual Property Royalty License Fee Rate”: With respect to each Mortgage Loan and REO Loan (but excluding any related
Companion Loan), a rate equal to 0.00050% per annum.

“CREFC®
Interest Shortfall Reconciliation Template”: A report substantially in the form of, and containing the information called for
in, the downloadable form of the “Interest Shortfall Reconciliation Template” available and effective from time to time on
the CREFC® Website.

“CREFC®
Investor Reporting Package”: The collection of reports specified by the CREFC® from time to time as the “CREFC®
Investor Reporting Package.” As of the Closing Date, the CREFC® Investor Reporting Package contains eight (8) electronic
files ((1) CREFC® Loan Setup File, (2) CREFC® Loan Periodic Update File, (3) CREFC®
Property File, (4) CREFC® Bond Level File, (5) CREFC® Collateral Summary File, (6) CREFC®
Financial File, (7) CREFC® Special Servicer Loan File and (8) CREFC® Schedule AL File (with respect
to the General Master Servicer)) and eleven (11) surveillance reports ((1) CREFC® Servicer Watch List, (2) CREFC®
Delinquent Loan Status Report, (3) CREFC® REO Status Report, (4) CREFC® Comparative Financial
Status Report, (5) CREFC® Historical Loan Modification/Forbearance and Corrected Mortgage Loan Report, (6) CREFC®
Operating Statement Analysis Report, (7) CREFC® Servicer Remittance to Certificate Administrator, (8) CREFC®
Significant Insurance Event Report, (9) CREFC® NOI Adjustment Worksheet, (10) CREFC® Loan Level
Reserve/LOC Report and (11) with respect to Mortgage Loans that have a Companion Loan, as applicable, the CREFC® Total
Loan Report). In addition, the CREFC® Investor Reporting Package shall include the CREFC® Advance Recovery
Report. In addition, the CREFC® Investor Reporting Package shall include the following nine (9) templates: (1) CREFC®
Appraisal Reduction Template, (2) CREFC® Servicer Realized Loss Template, (3) CREFC® Reconciliation
of Funds Template, (4) CREFC® Historical Bond/Collateral Realized Loss Reconciliation Template, (5) CREFC®
Historical Liquidation Loss Template, (6) CREFC® Interest Shortfall Reconciliation Template, (7) CREFC®
Loan Modification Report, (8) CREFC® Loan Liquidation Report and (9) CREFC® REO Liquidation Report.
The CREFC® Investor Reporting Package shall be substantially in the form of, and containing the information called for
in, the downloadable forms of the “CREFC® IRP” available as of the Closing Date on the CREFC®
Website, or such other form for the presentation of such information and containing such additional information or reports as may from
time to time be approved by the CREFC® for CMBS transactions generally. For the purposes of the production of the CREFC®
Comparative Financial Status Report by the applicable Master Servicer or the applicable Special Servicer of any such report that is required
to state information for any period prior to the Cut-off Date, the applicable Master Servicer or the applicable Special Servicer,
as the case may be, may conclusively rely (without independent verification), absent manifest error, on information provided to it by
the Mortgage Loan Sellers or by the related Mortgagor or (x) in the case of such a report produced by any Master Servicer, by the
applicable Special Servicer (if other than such Master Servicer or an Affiliate thereof) and (y) in the case of

    	 	-44-	 

    

    

such a report produced by any Special Servicer,
by the applicable Master Servicer (if other than such Special Servicer or an Affiliate thereof).

“CREFC®
License Agreement”: The License Agreement, in the form set forth on the website of CREFC® on the Closing Date,
relating to the use of the CREFC® trademarks and trade names.

“CREFC®
Loan Level Reserve/LOC Report”: The monthly report in the “CREFC® Loan Level Reserve/LOC Report”
format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the
presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities
transactions generally.

“CREFC®
Loan Liquidation Report”: A report substantially in the form of, and containing the information called for in, the downloadable
form of the “Loan Liquidation Report” available and effective from time to time on the CREFC® Website, or such
other form for the presentation of such information and containing such additional information as may from time to time be recommended
by the CREFC® for commercial mortgage securities transactions generally.

“CREFC®
Loan Modification Report”: A report substantially in the form of, and containing the information called for in, the downloadable
form of the “Loan Modification Report” available and effective from time to time on the CREFC® Website, or
such other form for the presentation of such information and containing such additional information as may from time to time be recommended
by the CREFC® for commercial mortgage securities transactions generally.

“CREFC®
Loan Periodic Update File”: The data file in the “CREFC® Loan Periodic Update File” format substantially
in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such
information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

“CREFC®
Loan Setup File”: The data file in the “CREFC® Loan Setup File” format substantially in the form
of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information
as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

“CREFC®
NOI Adjustment Worksheet”: The worksheet in the “NOI Adjustment Worksheet” format substantially in the form of and
containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may
be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

“CREFC®
Operating Statement Analysis Report”: The report in the “Operating Statement Analysis Report” format substantially
in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such
information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

    	 	-45-	 

    

    

“CREFC®
Property File”: The data file in the “CREFC® Property File” format substantially in the form of and
containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may
be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

“CREFC®
Reconciliation of Funds Template”: A report substantially in the form of, and containing the information called for in, the
downloadable form of the “Reconciliation of Funds Template” available and effective from time to time on the CREFC®
Website, or such other form for the presentation of such information and containing such additional information as may from time to time
be recommended by the CREFC® for commercial mortgage securities transactions generally.

“CREFC®
REO Liquidation Report”: A report substantially in the form of, and containing the information called for in, the downloadable
form of the “REO Liquidation Report” available and effective from time to time on the CREFC® Website, or such
other form for the presentation of such information and containing such additional information as may from time to time be recommended
by the CREFC® for commercial mortgage securities transactions generally.

“CREFC®
REO Status Report”: The monthly report in the “REO Status Report” format substantially in the form of and containing
the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved
from time to time by the CREFC® for commercial mortgage securities transactions generally.

“CREFC®
Schedule AL File”: The data file in the “Schedule AL File” format substantially in the form of and containing
the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved
from time to time by the CREFC® for commercial mortgage securities transactions generally; provided that the Depositor
has confirmed in writing to each Master Servicer and the Certificate Administrator that any change to such “Schedule AL File”
format complies with the requirements of Item 1125 of Regulation AB.

“CREFC®
Servicer Realized Loss Template”: A report substantially in the form of, and containing the information called for in, the downloadable
form of the “Servicer Realized Loss Template” available and effective from time to time on the CREFC® Website.

“CREFC®
Servicer Remittance to Certificate Administrator”: A report substantially in the form of, and containing the information called
for in, the downloadable form of the “Servicer Remittance to Certificate Administrator” available and effective from time
to time on the CREFC® Website.

“CREFC®
Servicer Watch List”: A monthly report, as of each Determination Date, including and identifying each Non-Specially Serviced
Loan satisfying the “CREFC® Portfolio Review Guidelines” approved from time to time by the CREFC®
in the “CREFC® Servicer Watch List” format substantially in the form of and containing the information called
for therein for the Mortgage Loans, or such other form (including other portfolio review guidelines) for the presentation of such information
as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

    	 	-46-	 

    

    

“CREFC®
Significant Insurance Event Report”: A report substantially in the form of, and containing the information called for in, the
downloadable form of the “Significant Insurance Event Report” available and effective from time to time on the CREFC®
Website.

“CREFC®
Special Servicer Loan File”: The data file in the “CREFC® Special Servicer Loan File” format substantially
in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such
information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

“CREFC®
Total Loan Report”: A monthly report substantially in the form of, and containing the information called for in, the downloadable
form of the “Total Loan Report” available as of the Closing Date on the CREFC® Website, or in such other form
for the presentation of such information and containing such additional information as may from time to time be adopted by the CREFC®
for CMBS transactions and is reasonably acceptable to each applicable Master Servicer.

“CREFC®
Website”: The CREFC® Website located at “www.crefc.org” or such other primary website as the CREFC®
may establish for dissemination of its report forms.

“Cross-Over
Date”: The Distribution Date on which the Certificate Balances of the Subordinate Certificates (other than the Class A-S Exchangeable
Certificates, Class B Exchangeable Certificates and Class C Exchangeable Certificates) and the Class A-S Upper-Tier Regular Interest,
Class B Upper-Tier Regular Interest and Class C Upper-Tier Regular Interest have all previously been reduced to zero as a result of the
allocation of Realized Losses to such Certificates.

“Crossed Mortgage
Loan Group”: With respect to (i) any mortgage loan that consists of more than one commercial mortgage loan, the underlying
group of loans that are cross-collateralized and cross-defaulted with each other and (ii) any two (2) or more individual
mortgage loans that are cross-collateralized and cross-defaulted with each other, such cross-collateralized and cross-defaulted
mortgage loans. There is no Crossed Mortgage Loan Group related to the Trust.

“Crossed Underlying
Loan”: With respect to any Crossed Mortgage Loan Group, a mortgage loan that is cross-collateralized and cross-defaulted
with one or more other mortgage loans within such Crossed Mortgage Loan Group. There is no Crossed Underlying Loan related to the Trust.

“Crossed Underlying
Loan Repurchase Criteria”: With respect to any Crossed Mortgage Loan Group as to which one or more (but not all) of the Crossed
Underlying Loans therein are affected by a Material Defect (the Crossed Underlying Loan(s) in such Crossed Mortgage Loan Group affected
by such Material Defect, for purposes of this definition, the “affected Crossed Underlying Loans” and the other Crossed Underlying
Loan(s) in such Crossed Mortgage Loan Group, for purposes of this definition, the “remaining Crossed Underlying Loans”) (i) the
debt service coverage ratio for all the remaining Crossed Underlying Loans for the four (4) most recently reported calendar quarters preceding
the repurchase or substitution shall not be less

    	 	-47-	 

    

    

than the least of (a) the debt service
coverage ratio for the Crossed Mortgage Loan Group (including the affected Crossed Underlying Loan(s)) set forth in Annex A-1 to the Prospectus,
(b) the debt service coverage ratio for the Crossed Mortgage Loan Group (including the affected Crossed Underlying Loan(s)) for the
four (4) preceding calendar quarters preceding the repurchase or replacement and (c) 1.25x, (ii) the loan-to-value ratio for
all the remaining Crossed Underlying Loans determined at the time of repurchase or substitution based upon an Appraisal obtained by the
applicable Special Servicer at the expense of the related Mortgage Loan Seller shall not be greater than the greatest of (a) the
loan-to-value ratio, expressed as a whole number percentage (taken to one (1) decimal place), for the entire Crossed Mortgage Loan Group,
(including the affected Crossed Underlying Loan(s)) set forth in Annex A-1 to the Prospectus, (b) the loan-to-value ratio, expressed
as a whole number percentage (taken to one (1) decimal place), for the entire such Crossed Mortgage Loan Group, including the affected
Crossed Underlying Loan(s) at the time of repurchase or substitution, and (c) 75%, (iii) the related Mortgage Loan Seller, at
its expense, shall have furnished the Trustee and the Certificate Administrator with an Opinion of Counsel that any modification relating
to the repurchase or substitution of a Crossed Underlying Loan shall not cause an Adverse REMIC Event, (iv) the related Mortgage
Loan Seller causes the affected Crossed Underlying Loan to become not cross-collateralized and cross-defaulted with the remaining
related Crossed Underlying Loans prior to such repurchase or substitution or otherwise forbears from exercising enforcement rights against
the Primary Collateral for any Crossed Underlying Loan(s) remaining in the Trust (while the Trust forbears from exercising enforcement
rights against the Primary Collateral for the Mortgage Loan removed from the Trust) and (v) (other than with respect to any Mortgage
Loan that is an Excluded Loan with respect to the Directing Certificateholder or the Holder of the majority of the Controlling Class)
unless a Control Termination Event has occurred and is continuing, the Directing Certificateholder shall have consented to the repurchase
or substitution of the affected Crossed Underlying Loan, which consent shall not be unreasonably withheld, conditioned or delayed.

“Cumulative Appraisal
Reduction Amount”: As of any date of determination, the sum of (i) all Appraisal Reduction Amounts then in effect, and (ii)
with respect to any AB Modified Loan, any Collateral Deficiency Amount then in effect. The applicable Master Servicer and the Certificate
Administrator shall be entitled to conclusively rely on the applicable Special Servicer’s calculation or determination of any Cumulative
Appraisal Reduction Amount with respect to a Serviced Mortgage Loan. With respect to a Non-Serviced Mortgage Loan the applicable Special
Servicer, the applicable Master Servicer and the Certificate Administrator shall be entitled to conclusively rely on the applicable Non-Serviced
Special Servicer’s calculation or determination of any Appraisal Reduction Amount or Collateral Deficiency Amount with respect to
such Mortgage Loan.

“Cure/Contest Period”:
As defined in Section 12.01(b)(vii).

“Custodial Exception
Report”: As defined in Section 2.02(b).

“Custodian”:
A Person who is at any time appointed by the Trustee pursuant to Section 8.11 as a document custodian for the Mortgage Files,
which Person shall not be the Depositor, any of the Mortgage Loan Sellers or (except to the extent Computershare Trust Company, National
Association is the Custodian) an Affiliate of any of them. The Certificate Administrator shall be the initial Custodian. Computershare
Trust Company, National Association

    	 	-48-	 

    

    

will perform its duties as Custodian hereunder
through its Document Custody division, including, as applicable, any agents or affiliates utilized thereby.

“Cut-off Date”:
With respect to each Mortgage Loan, the related Due Date of such Mortgage Loan in May 2022, or with respect to any Mortgage Loan that
has its first Due Date after May 2022, the date that would have otherwise been the related Due Date in May 2022.

“Cut-off Date Balance”:
With respect to any Mortgage Loan, the outstanding principal balance of such Mortgage Loan, as of the Cut-off Date, after application
of all payments of principal due on or before such date, whether or not received.

“Dallas Design District
Intercreditor Agreement”: The Agreement Between Note Holders, dated as of May 5, 2022, by and between the holders of the respective
promissory notes evidencing the Dallas Design District Whole Loan, relating to the relative rights of such holders, as the same may be
further amended in accordance with the terms thereof.

“Dallas Design District
Portfolio Mortgage Loan”: With respect to the Dallas Design District Whole Loan, the Mortgage Loan that is included in the Trust
(identified as Mortgage Loan No. 3 on the Mortgage Loan Schedule), which is evidenced by promissory notes A-1 and A-2.

“Dallas Design District
Mortgaged Property”: The Mortgaged Property that secures the Dallas Design District Whole Loan.

“Dallas Design District
Pari Passu Companion Loan”: With respect to the Dallas Design District Whole Loan, as of the Closing Date, the pari passu
companion loan evidenced by the related promissory note A-3, made by the related Mortgagor and secured by the Mortgage on the Dallas
Design District Mortgaged Property, which is not included in the Trust and which is pari passu in right of payment to the Dallas
Design District Mortgage Loan to the extent set forth in the related Mortgage Loan documents and as provided in the Dallas Design District
Intercreditor Agreement.

“Dallas Design District
Portfolio Whole Loan”: The Dallas Design District Mortgage Loan together with the Dallas Design District Pari Passu Companion
Loan, each of which is secured by the same Mortgage on the Dallas Design District Mortgaged Property. References herein to the Dallas
Design District Whole Loan shall be construed to refer to the aggregate indebtedness under the Dallas Design District Mortgage Loan and
the Dallas Design District Pari Passu Companion Loan.

“DBRS Morningstar”:
DBRS, Inc., and its successors in interest. If neither DBRS Morningstar nor any successor remains in existence, “DBRS Morningstar”
shall be deemed to refer to such other NRSRO or other comparable Person reasonably designated by the Depositor, notice of which designation
shall be given to the Trustee, the Certificate Administrator, each applicable Master Servicer, the Directing Certificateholder and each
applicable Special Servicer and specific ratings of DBRS Morningstar herein referenced shall be deemed to refer to the equivalent ratings
of the party so designated.

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“Default Interest”:
With respect to any Mortgage Loan or Companion Loan and any Collection Period, all interest accrued in respect of such Mortgage Loan or
Companion Loan during such Collection Period provided for in the related Mortgage Note or Mortgage as a result of a default (exclusive
of late payment charges) that is in excess of interest at the related Mortgage Rate accrued on the unpaid principal balance of such Mortgage
Loan or Companion Loan outstanding from time to time.

“Defaulted Loan”:
A Serviced Mortgage Loan or a Serviced Whole Loan (other than a Serviced Mortgage Loan or Serviced Whole Loan that is subject to a Payment
Accommodation, for so long as the related Mortgagor is complying with the terms of such Payment Accommodation) and (i) that is delinquent
at least sixty (60) days in respect of its Periodic Payments (other than a Balloon Payment) or in respect of its Balloon Payment, if any;
provided that in respect of a Balloon Payment, such period will be one hundred-twenty (120) days if the related Mortgagor has provided
the applicable Special Servicer with a written and fully executed commitment for refinancing of the related Mortgage Loan from an acceptable
lender reasonably satisfactory in form and substance to such Special Servicer; and such delinquency is to be determined without giving
effect to any Grace Period permitted by the related Mortgage or Mortgage Note and without regard to any acceleration of payments under
the related Mortgage and Mortgage Note or (ii) as to which the applicable Special Servicer has, by written notice to the related
Mortgagor, accelerated the maturity of the indebtedness evidenced by the related Mortgage Note. For the avoidance of doubt, a defaulted
Companion Loan does not constitute a “Defaulted Loan”.

“Defeasance Accounts”:
As defined in Section 3.18(j).

“Defect”:
As defined in Section 2.02(f).

“Deficient Exchange
Act Deliverable”: With respect to a Master Servicer, a Special Servicer, the Operating Advisor, the Asset Representations Reviewer,
the Custodian, the Certificate Administrator, the Trustee and each Servicing Function Participant and Additional Servicer retained by
it (other than an Initial Sub-Servicer), any item (x) regarding such party, (y) prepared by such party or any registered public
accounting firm, attorney or other agent retained by such party to prepare such information and (z) delivered by or on behalf of
such party pursuant to the delivery requirements under Article XI of this Agreement that does not conform to the applicable
reporting requirements under the Securities Act, the Exchange Act, the Sarbanes-Oxley Act and the rules and regulations promulgated thereunder.

“Deficient Valuation”:
With respect to any Mortgage Loan or Serviced Whole Loan, as applicable, a valuation by a court of competent jurisdiction of the related
Mortgaged Property in an amount less than the then-outstanding principal balance of such Mortgage Loan or Serviced Whole Loan which valuation
results from a proceeding initiated under the Bankruptcy Code.

“Definitive Certificate”:
Any Certificate in definitive, fully registered form without interest coupons. Initially, the Class R Certificates, the Class V Certificates,
the RR Interest and any Certificate issued pursuant to Section 5.02(c) and Section 5.02(d) shall be Definitive

    	 	-50-	 

    

    

Certificates. For the avoidance of doubt, any
RR Interest shall at all times during the RR Interest Transfer Restriction Period be a Definitive Certificate.

“Delinquent Loan”:
A Mortgage Loan that is delinquent at least sixty (60) days in respect of its Periodic Payments or Balloon Payment, if any, in either
case such delinquency to be determined without giving effect to any Grace Period. For the avoidance of doubt, a delinquency that would
have existed but for a Payment Accommodation shall not constitute a delinquency for so long as the related Mortgagor is complying with
the terms of such Payment Accommodation.

“Denomination”:
With respect to any Certificate or any beneficial interest in a Certificate the amount (i) (a) set forth on the face thereof
or set forth on a schedule attached thereto (subject, in the case of an Exchangeable Certificate, to any adjustments thereto as reflected
on the schedule attached to such Certificate) or (b) in the case of any beneficial interest in a Book-Entry Certificate, the
interest of the related Certificate Owner in the applicable Class of Certificates as reflected on the books and records of the Depository
or related Depository Participant, as applicable, (ii) expressed in terms of initial Certificate Balance or initial Notional Amount,
as applicable, and (iii) in an authorized denomination, as set forth in Section 5.01(a).

“Depositor”:
Morgan Stanley Capital I Inc., a Delaware corporation, or its successor in interest.

“Depository”:
DTC, or any successor Depository hereafter named. The nominee of the initial Depository for purposes of registering those Certificates
that are to be Book-Entry Certificates, is Cede & Co. The Depository shall at all times be a “clearing corporation”
as defined in Section 8-102(3) of the UCC of the State of New York and a “clearing agency” registered pursuant to
the provisions of Section 17A of the Exchange Act.

“Depository Participant”:
A broker, dealer, bank or other financial institution or other Person for whom from time to time the Depository effects book-entry
transfers and pledges of securities deposited with the Depository.

“Designated Site”:
The website to which Diligence Files are uploaded as designated by the Depositor to the Mortgage Loan Sellers.

“Determination Date”:
With respect to any Distribution Date, the eleventh (11th) day of each calendar month (or, if the eleventh (11th)
calendar day of that month is not a Business Day, then the next Business Day), commencing in June 2022.

“Diligence File”:
With respect to each Mortgage Loan or Companion Loan, if applicable, collectively the following documents in electronic format:

(a)              
A copy of each of the following documents:

(i)               
the Mortgage Note, endorsed on its face or by allonge attached to the Mortgage Note, without recourse, to the order of the Trustee
or in blank and further showing a complete, unbroken chain of endorsement from the originator (or, if the original Mortgage Note has been
lost, an affidavit to such effect from the applicable Mortgage Loan Seller or another prior holder, together with a copy of

    	 	-51-	 

    

    

the Mortgage Note and an indemnity properly
assigned and endorsed to the Trustee);

(ii)              
the Mortgage, together with a copy of any intervening Assignments of Mortgage, in each case, with evidence of recording indicated
thereon or certified to have been submitted for recording (if in the possession of the applicable Mortgage Loan Seller);

(iii)              any
related Assignment of Leases and of any intervening Assignments (if such item is a document separate from the Mortgage), in each case,
with evidence of recording indicated thereon or certified to have been submitted for recording (if in the possession of the applicable
Mortgage Loan Seller);

(iv)              all
modification, consolidation, assumption, written assurance and substitution agreements in those instances in which the terms or provisions
of the Mortgage or Mortgage Note have been modified or the Mortgage Loan has been assumed or consolidated;

(v)               the
policy or certificate of lender’s title insurance issued in connection with the origination of such Mortgage Loan, or, if such
policy has not been issued or located, an irrevocable, binding commitment (which may be a marked version of the policy that has been
executed by an authorized representative of the title company or an agreement to provide the same pursuant to binding escrow instructions
executed by an authorized representative of the title company) to issue such title insurance policy;

(vi)              any
UCC financing statements, related amendments and continuation statements in the possession of the applicable Mortgage Loan Seller;

(vii)            any
Intercreditor Agreement relating to permitted debt of the Mortgagor, including any Intercreditor Agreement relating to a Serviced Whole
Loan;

(viii)           any
loan agreement, escrow agreement, security agreement or letter of credit relating to a Mortgage Loan or a Serviced Whole Loan;

(ix)               any
ground lease, related ground lessor estoppel, indemnity or guaranty relating to a Mortgage Loan or a Serviced Whole Loan;

(x)                other
than with respect to the Mortgage Loans secured by residential cooperative properties, any property management agreement relating to
a Mortgage Loan or a Serviced Whole Loan;

(xi)               any
franchise agreements and comfort letters or similar agreements relating to a Mortgage Loan or Serviced Whole Loan and, with respect to
any franchise agreement, comfort letter or similar agreement, any assignment of such agreements or any notice to the franchisor of the
transfer of a Mortgage Loan or Serviced Whole Loan;

    	 	-52-	 

    

    

(xii)             any lock-box or cash management agreement relating to a Mortgage Loan or a Serviced Whole Loan;

(xiii)            any
related mezzanine intercreditor agreement;

(xiv)           all
related environmental reports; and

(xv)             all
related environmental insurance policies;

(b)              
a copy of any engineering reports or property condition reports;

(c)              
other than with respect to a hospitality property (except with respect to tenanted commercial space within a hospitality property)
or a residential cooperative property, copies of a rent roll;

(d)              
for any office, retail, industrial or warehouse property, a copy of all leases and estoppels and subordination and non-disturbance
agreements delivered to the related Mortgage Loan Seller;

(e)              
a copy of all legal opinions (excluding attorney-client communications between the related Mortgage Loan Seller or an Affiliate
thereof, and its counsel that are privileged communications or constitute legal or other due diligence analyses), if any, delivered in
connection with the closing of the related Mortgage Loan;

(f)               
a copy of all Mortgagor’s certificates of hazard insurance and/or hazard insurance policies or other applicable insurance
policies (to the extent not previously included as part of this definition), if any, delivered in connection with the closing of the related
Mortgage Loan;

(g)              
a copy of the appraisal for the related Mortgaged Property or Mortgaged Properties;

(h)              
for any Mortgage Loan that the related Mortgaged Property or Mortgaged Properties is leased to a single tenant, a copy of the lease;

(i)                
a copy of the applicable Mortgage Loan Seller’s asset summary;

(j)                
a copy of all surveys for the related Mortgaged Property or Mortgaged Properties;

(k)              
a copy of all zoning reports;

(l)                
a copy of financial statements of the related Mortgagor;

(m)            
a copy of operating statements for the related Mortgaged Property or Mortgaged Properties;

(n)              
a copy of all UCC searches;

    	 	-53-	 

    

    

(o)              
 a copy of all litigation searches;

(p)              
a copy of all bankruptcy searches;

(q)              
a copy of any origination settlement statement;

(r)               
a copy of the Insurance Summary Report;

(s)               
a copy of the organizational documents of the related Mortgagor and any guarantor;

(t)                
a copy of all escrow statements related to the escrow account balances as of the Mortgage Loan origination date;

(u)              
a copy of all related environmental reports that were received by the applicable Mortgage Loan Seller;

(v)              
a copy of any closure letter (environmental); and

(w)            
a copy of any environmental remediation agreement for the related Mortgaged Property or Mortgaged Properties;

in each case, to the extent that the related
originator received such documents in connection with the origination of such Mortgage Loan. In the event any of the items identified
above were not included in connection with the origination of such Mortgage Loan (other than documents that would not be included in connection
with the origination of the Mortgage Loan because such document is inapplicable to the origination of a Mortgage Loan of that structure
or type), the Diligence File shall include a statement to that effect. No information that is proprietary to the related originator or
Mortgage Loan Seller or any draft documents or privileged or internal communications shall constitute part of the Diligence File. It is
generally not required to include any of the same items identified above again if such items have already been included under another
clause of the definition of Diligence File, and the Diligence File shall include a statement to that effect. The Mortgage Loan Seller
may, without any obligation to do so, include such other documents as part of the Diligence File that such Mortgage Loan Seller believes
should be included to enable the Asset Representations Reviewer to perform the Asset Review on such Mortgage Loan; provided that
such documents are clearly labeled and identified.

“Directing Certificateholder”:
(A) With respect to a Servicing Shift Mortgage Loan, the Directing Certificateholder shall be any related Loan-Specific Directing Certificateholder,
and (B) with respect to each Mortgage Loan (other than a Servicing Shift Mortgage Loan that has a related Loan-Specific Directing Certificateholder),
the initial Directing Certificateholder shall be RREF IV Debt AIV, LP, a Delaware limited partnership. Thereafter, with respect to the
Mortgage Loans described in clause (B) of the first sentence of this definition, the Directing Certificateholder shall be the Controlling
Class Certificateholder (or a representative thereof) selected by more than 50% of the Controlling Class Certificateholders (by Certificate
Balance, as determined by the Certificate Registrar) from time to time; provided, that (i) absent that selection, or (ii) until
a Directing Certificateholder is so selected or (iii) upon receipt of a notice from a majority of the Controlling Class Certificateholders,
by Certificate Balance, that a

    	 	-54-	 

    

    

Directing Certificateholder is no longer designated,
the Controlling Class Certificateholder that owns the largest aggregate Certificate Balance of the Controlling Class (or a representative
thereof) will be the Directing Certificateholder; provided, that, in the case of this clause (iii), in the event that
no one Holder owns the largest aggregate Certificate Balance of the Controlling Class, then there will be no Directing Certificateholder
until appointed in accordance with the terms of this Agreement. After the occurrence and during the continuance of a Control Termination
Event, the Directing Certificateholder with respect to the Mortgage Loans described in clause (B) of the first sentence of this definition
shall only retain its consultation rights to the extent specifically provided for herein. After the occurrence of a Consultation Termination
Event, there will be no Directing Certificateholder with respect to the Mortgage Loans described in clause (B) of the first sentence
of this definition. The Depositor shall promptly provide the name and contact information for the initial Directing Certificateholder
upon request of any party to this Agreement and any such requesting party may conclusively rely on the name and contact information provided
by the Depositor. The Certificate Administrator and the other parties hereto shall be entitled to assume that the identity of the Directing
Certificateholder has not changed until such parties receive written notice of a replacement of the Directing Certificateholder from a
party holding the requisite interest in the Controlling Class (as confirmed by the Certificate Registrar), or the resignation of the then-current
Directing Certificateholder. As used herein, the term “Directing Certificateholder,” unless used in relation to a Servicing
Shift Mortgage Loan, means the entity determined pursuant to clause (B) of the first sentence of this definition.

“Directly Operate”:
With respect to any REO Property (except with respect to a Non-Serviced Mortgaged Property), the furnishing or rendering of services
to the tenants thereof, that are not customarily provided to tenants in connection with the rental of space “for occupancy only”
within the meaning of Treasury Regulations Section 1.512(b)-1(c)(5), the management or operation of such REO Property, the holding
of such REO Property primarily for sale to customers, the use of such REO Property in a trade or business conducted by the Trust or on
behalf of a Companion Holder or the performance of any construction work on the REO Property other than through an Independent Contractor;
provided, however, that an REO Property shall not be considered to be Directly Operated solely because the Trustee (or the
applicable Special Servicer on behalf of the Trustee) establishes rental terms, chooses tenants, enters into or renews leases, deals with
taxes and insurance or makes decisions as to repairs or capital expenditures with respect to such REO Property or takes other actions
consistent with Treasury Regulations Section 1.856-4(b)(5)(ii).

“Disclosable Special
Servicer Fees”: With respect to any Serviced Mortgage Loan and any related Serviced Companion Loan (including any related REO
Property), any compensation and other remuneration (including, without limitation, in the form of commissions, brokerage fees, or rebates,
or as a result of any other fee-sharing arrangement) received or retained by the applicable Special Servicer or any of its Affiliates
that is paid by any Person (including, without limitation, the Trust, any Mortgagor, any manager, any guarantor or indemnitor in respect
of a Mortgage Loan or Serviced Companion Loan and any purchaser of any such Mortgage Loan or Serviced Companion Loan or REO Property)
in connection with the disposition, workout or foreclosure of such Mortgage Loan or Serviced Companion Loan, the management or disposition
of any REO Property, and the performance by the applicable Special Servicer or any such Affiliate of any other special servicing duties
under this Agreement, other than (1) any Permitted Special

    	 	-55-	 

    

    

Servicer/Affiliate Fees and (2) any compensation
to which the applicable Special Servicer is entitled pursuant to this Agreement or any Non-Serviced PSA.

“Disclosure Parties”:
As defined in Section 3.13(f).

“Discount Rate”:
As defined in Section 4.01(e).

“Dispute Resolution
Consultation”: As defined in Section 2.03(l)(iii).

“Dispute Resolution
Cut-off Date”: As defined in Section 2.03(l)(i).

“Disqualified Non-U.S.
Tax Person”: With respect to the Class R Certificates, any Non-U.S. Tax Person or its agent other than (a) a Non-U.S. Tax Person
that holds the Class R Certificates in connection with the conduct of a trade or business within the United States and has furnished the
transferor and the Certificate Registrar with an effective IRS Form W-8ECI or (b) a Non-U.S. Tax Person that has delivered to both the
transferor and the Certificate Registrar an opinion of a nationally recognized tax counsel to the effect that the transfer of the Class
R Certificates to it is in accordance with the requirements of the Code and the regulations promulgated thereunder and that such transfer
of the Class R Certificates will not be disregarded for federal income tax purposes.

“Disqualified Organization”:
Any of (i) the United States, any State or political subdivision thereof, any possession of the United States or any agency or instrumentality
of any of the foregoing (other than an instrumentality which is a corporation if all of its activities are subject to tax and, except
for Freddie Mac, a majority of its board of directors is not selected by such governmental unit), (ii) a foreign government, any
international organization or any agency or instrumentality of any of the foregoing, (iii) any organization which is exempt from
the tax imposed by Chapter 1 of the Code (including the tax imposed by Section 511 of the Code on unrelated business taxable
income) on any excess inclusions (as defined in Section 860E(c)(1) of the Code) with respect to the Class R Certificates (except
certain farmers’ cooperatives described in Section 521 of the Code), (iv) rural electric and telephone cooperatives described
in Section 1381(a)(2)(C) of the Code and (v) any other Person so designated by the Trustee or the Certificate Administrator
based upon an Opinion of Counsel as provided to the Trustee or the Certificate Administrator (at no expense to the Trustee or the Certificate
Administrator) that the holding of an Ownership Interest in a Class R Certificate by such Person may cause either Trust REMIC to
fail to qualify as a REMIC at any time that the Certificates are outstanding or any Person having an Ownership Interest in any Class of
Certificates (other than such Person) to incur a liability for any federal tax imposed under the Code that would not otherwise be imposed
but for the Transfer of an Ownership Interest in a Class R Certificate to such Person. The terms “United States,” “State”
and “international organization” shall have the meanings set forth in Section 7701 of the Code or successor provisions.

“Distribution Accounts”:
Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account and the Excess Interest Distribution
Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

    	 	-56-	 

    

    

“Distribution Date”:
The fourth (4th) Business Day following each Determination Date, beginning in June 2022. The initial Distribution Date shall be June 17,
2022.

“Distribution Date
Statement”: As defined in Section 4.02(a).

“Do Not Hire List”:
The list, as may be updated at any time, provided by the Depositor to each applicable Master Servicer, each applicable Special Servicer,
the Certificate Administrator, the Trustee, the Operating Advisor or the Asset Representations Reviewer, which lists certain parties identified
by the Depositor as having failed to comply (after any applicable cure period) with their respective obligations under Article XI
of this Agreement or as having failed to comply (after any applicable cure period) with any similar Regulation AB reporting requirements
under any other securitization transaction. For the avoidance of doubt, as of the Closing Date, no parties appear on the Do Not Hire List.

“Dodd-Frank
Act”: The Dodd-Frank Wall Street Reform and Consumer Protection Act, as amended from time to time.

“DTC”:
The Depository Trust Company, a New York corporation.

“Due Date”:
With respect to (i) any Mortgage Loan or Companion Loan, as applicable, on or prior to its Maturity Date, the day of the month set
forth in the related Mortgage Note on which each Periodic Payment thereon is scheduled to be first due, (ii) any Mortgage Loan or
Companion Loan, as applicable, after the Maturity Date therefor, the day of the month set forth in the related Mortgage Note on which
each Periodic Payment on such Mortgage Loan or Companion Loan, as applicable, had been scheduled to be first due, and (iii) any REO
Loan, the day of the month set forth in the related Mortgage Note on which each Periodic Payment on the related Mortgage Loan or Companion
Loan, as applicable, had been scheduled to be first due.

“EDGAR”:
As defined in Section 11.03.

“EDGAR-Compatible
Format”: With respect to (a) the CREFC® Schedule AL File and the Schedule AL Additional File, XML format or such
other format as mutually agreed to between the Depositor, Certificate Administrator and each applicable Master Servicer and (b) any report,
file or document other than those listed in clause (a) above, any format compatible with EDGAR, including HTML, Word or clean, searchable
PDFs.

“Eligible Account”:
Any of the following: (i) a segregated account or accounts maintained with a federal or state chartered depository institution or
trust company (including the Trustee or the Certificate Administrator), (A) the long-term deposit rating or long-term unsecured
debt obligations or deposits of which are rated at least “A-” by S&P, if the deposits are to be held in such account for
thirty (30) days or more, and the short-term debt obligations or deposits of which have a short-term rating of not less than “A-1”
from S&P, if the deposits are to be held in such account for less than thirty (30) days and (B) the long-term unsecured debt
obligations or deposits of which are rated at least “A” by Fitch (to the extent rated by Fitch), if the deposits are to be
held in such account for thirty (30) days or more, and the short-term debt obligations or deposits of which have a short-term rating of
not less than “F1” from Fitch (to the extent rated by Fitch), if the deposits are to be held in such account for less than
thirty (30) days and (C) the long-term unsecured debt obligations or deposits of which are rated at least “BBB(high)” by DBRS

    	 	-57-	 

    

    

Morningstar (if then rated by DBRS Morningstar,
or if not rated by DBRS Morningstar, an equivalent rating (or higher) by at least two (2) NRSROs (which may include S&P and/or Fitch)
or such other rating confirmed in a Rating Agency Confirmation), if the deposits are to be held in such account for thirty (30) days or
more, and the short-term debt obligations or deposits of which have a short-term rating of not less than “R-1(low)” from DBRS
Morningstar (if then rated by DBRS Morningstar, or if not rated by DBRS Morningstar, an equivalent rating (or higher) by at least two
(2) NRSROs (which may include S&P and/or Fitch) or such other rating confirmed in a Rating Agency Confirmation) if the deposits are
to be held in such account for less than thirty (30) days; (ii) an account or accounts maintained with Wells Fargo Bank, National
Association so long as Wells Fargo Bank, National Association’s long-term unsecured debt rating shall be at least “BBB”
from S&P and “A” from Fitch (to the extent rated by Fitch) (if the deposits are to be held in the account for more than
thirty (30) days) and “BBB (high)” from DBRS Morningstar (if then rated by DBRS Morningstar, or if not rated by DBRS Morningstar,
an equivalent rating (or higher) by at least two (2) NRSROs (which may include S&P and/or Fitch) or such other rating confirmed in
a Rating Agency Confirmation) (if the deposits are to be held in the account for more than thirty (30) days) or Wells Fargo Bank, National
Association’s short-term deposit or short-term unsecured debt rating shall be at least “A-1” from S&P (or
“A-2” by S&P so long as the long-term unsecured debt obligations of such depository institution or trust company are rated
no less than “BBB” by S&P) and “F1” from Fitch (to the extent rated by Fitch) (if the deposits are to be held
in the account for thirty (30) days or less) and “R-1 (low)” from DBRS Morningstar (if then rated by DBRS Morningstar, or
if not rated by DBRS Morningstar, an equivalent rating (or higher) by at least two (2) NRSROs (which may include S&P and/or Fitch)
or such other rating confirmed in a Rating Agency Confirmation) (if the deposits are to be held in the account for thirty (30) days or
less); (iii) such other account or accounts that, but for the failure to satisfy one or more of the minimum rating(s) set forth in the
applicable clause, would be listed in clauses (i) - (ii) above, with respect to which a Rating Agency Confirmation
has been obtained from each Rating Agency for which the minimum ratings set forth in the applicable clause is not satisfied with respect
to such account, which account may be an account maintained by or with the Certificate Administrator, the Trustee, any Master Servicer
or any Special Servicer; (iv) any other account or accounts not listed in clauses (i)-(ii) above with respect
to which a Rating Agency Confirmation has been obtained from each and every Rating Agency and a confirmation of the applicable rating
agencies that such action will not result in the downgrade, withdrawal or qualification of its then-current ratings of any Serviced Companion
Loan Securities, if any (provided that such rating agency confirmation may be considered satisfied in the same manner as any Rating
Agency Confirmation may be considered satisfied with respect to the Certificates pursuant to Section 3.25), which account
may be an account maintained by or with the Certificate Administrator, the Trustee, any Master Servicer or any Special Servicer; (v) a
segregated trust account or accounts maintained with the corporate trust department of a federal or state chartered depository institution
or trust company that has (A) a long-term unsecured debt rating of at least “A-” from S&P (if the deposits are to be held
in the account for more than thirty (30) days) or a short-term unsecured debt rating of at least “A-1” from S&P
(if the deposits are to be held in the account for thirty (30) days or less), (B) a long-term unsecured debt rating of at least
“A” by Fitch (to the extent rated by Fitch), if the deposits are to be held in such account for thirty (30) days or more,
and a short-term unsecured debt rating of not less than “F1” from Fitch (to the extent rated by Fitch), if the deposits are
to be held in such account for less than thirty (30) days and that, in each such case, has corporate trust powers, acting in its fiduciary
capacity, provided that any state chartered depository institution or trust company is

    	 	-58-	 

    

    

subject to regulation regarding fiduciary funds
substantially similar to 12 C.F.R. § 9.10(b); or (vi) in the case of Servicing Accounts or reserve accounts with respect to
NCB Mortgage Loans with respect to amounts posted with the lender for Escrow Payments, repairs, replacements, capital improvements and/or
environmental testing and remediation with respect to the related Mortgaged Property, for ongoing or threatened litigation or for any
unit maintenance or rent receivables or negative carry, any account maintained with NCB (provided that, if such account is not otherwise
an Eligible Account, NCB has a combined capital and surplus of at least $40,000,000). Eligible Accounts may bear interest. No Eligible
Account shall be evidenced by a certificate of deposit, passbook or other similar instrument.

“Eligible Asset
Representations Reviewer”: An entity that (a) is the special servicer, operating advisor or asset representations reviewer
on a transaction rated by any of DBRS Morningstar, Fitch, KBRA, Moody’s or S&P and that has not been a special servicer, operating
advisor or asset representations reviewer on a transaction for which any of DBRS Morningstar, Fitch, KBRA, Moody’s or S&P has
qualified, downgraded or withdrawn its rating or ratings of one or more classes of certificates for such transaction citing servicing
or other relevant concerns with such Special Servicer, operating advisor or asset representations reviewer, as applicable, as the sole
or material factor in such rating action, (b) can and will make the representations and warranties set forth in Section 6.01(d),
(c) is not (and is not affiliated with) a Sponsor, a Mortgage Loan Seller, an originator, any Master Servicer, any Special Servicer,
the Depositor, the Certificate Administrator, the Trustee, the Directing Certificateholder, the Risk Retention Consultation Party or any
of their respective Affiliates, (d) has not performed (and is not affiliated with any party hired to perform) any due diligence,
loan underwriting, brokerage, borrower advisory or similar services with respect to any Mortgage Loan or any related Companion Loan prior
to the Closing Date for or on behalf of any Sponsor, any Mortgage Loan Seller, any Underwriter, any party to this Agreement, the Directing
Certificateholder, the Risk Retention Consultation Party or any of their respective Affiliates, or have been paid any fees, compensation
or other remuneration by any of them in connection with any such services, and (e) does not directly or indirectly, through one or
more Affiliates or otherwise, own any interest in any Certificates, any Mortgage Loans, any Companion Loan or any securities backed by
a Companion Loan or otherwise have any financial interest in the securitization transaction to which this Agreement relates, other than
in fees from its role as Asset Representations Reviewer (or as Operating Advisor, if applicable).

“Eligible Operating
Advisor”: An entity (a) that is a special servicer or operating advisor on a CMBS transaction rated by the Rating Agencies
(including, in the case of the Operating Advisor, this transaction) but has not been a special servicer or operating advisor on a transaction
for which any Rating Agency has qualified, downgraded or withdrawn its rating or ratings of one or more classes of certificates for such
transaction citing servicing or other relevant concerns with the special servicer or operating advisor, as applicable, as the sole or
a material factor in such rating action; (b) that can and will make the representations and warranties of the Operating Advisor set
forth in Section 6.01(c) of this Agreement; (c) that is not (and is not affiliated with) the Depositor, the Trustee,
the Certificate Administrator, a Master Servicer, a Special Servicer, a Mortgage Loan Seller, the Directing Certificateholder, the Risk
Retention Consultation Party or a depositor, a trustee, a certificate administrator, a master servicer or a special servicer with respect
to the securitization of a Companion Loan, or any of their respective Affiliates; (d) that has not been paid by any Special Servicer
or successor special servicer any fees, compensation or other remuneration (x) in respect of its obligations hereunder or (y) for
the

    	 	-59-	 

    

    

appointment or recommendation for replacement
of a successor special servicer to become a special servicer under this Agreement; and (e) that (i) has been regularly engaged in the
business of analyzing and advising clients in CMBS matters and has at least five (5) years of experience in collateral analysis and loss
projections and (ii) has at least five (5) years of experience in commercial real estate asset management and experience in the workout
and management of distressed commercial real estate assets.

“Enforcing Party”:
The person obligated to or that elects pursuant to Section 2.03 to enforce the rights of the Trust against the related Mortgage
Loan Seller with respect to the Repurchase Request.

“Enforcing Servicer”:
The applicable Special Servicer.

“Environmental Assessment”:
An “environmental site assessment” as such term is defined in, and meeting the criteria of, the American Society of Testing
Materials Standard Section E 1527-00, or any successor thereto.

“Environmental Indemnity
Agreement”: With respect to any Mortgage Loan, any agreement between the Mortgagor (or a guarantor thereof) and the originator
of such Mortgage Loan relating to the Mortgagor’s obligation to remediate or monitor or indemnify for any environmental problems
relating to the related Mortgaged Property.

“ERISA”:
The Employee Retirement Income Security Act of 1974, as amended.

“ERISA Plan”:
As defined in Section 5.03(r).

“ERISA Restricted
Certificate”: Any Certificate (other than a Class R or Class V Certificate) that does not meet the requirements of Prohibited
Transaction Exemption 96-22 (as such exemption may be amended from time to time) as of the date of the acquisition of such Certificate
by a Plan. As of the Closing Date, each of the Class X-F, Class X-G, Class X-H, Class F, Class G and Class H Certificates and the RR Interest
is an ERISA Restricted Certificate.

“Escrow Payment”:
Any payment received by the applicable Master Servicer or the applicable Special Servicer for the account of any Mortgagor for application
toward the payment of real estate taxes, assessments, insurance premiums, ground lease rents and similar items in respect of the related
Mortgaged Property, including amounts for deposit to any reserve account.

“Euroclear”:
The Euroclear System or any successor thereto.

“Excess Interest”:
With respect to each ARD Loan, interest accrued on such ARD Loan after the Anticipated Repayment Date allocable to the Excess Rate, including
all interest accrued thereon to the extent permitted by applicable law and the related Mortgage Loan documents. The Excess Interest shall
not be an asset of either Trust REMIC, but rather shall be an asset of the Grantor Trust.

    	 	-60-	 

    

    

“Excess Interest
Certificates”: Any Class of commercial mortgage pass-through certificates issued under this Agreement that are designated as
evidencing an interest in the Excess Interest Grantor Trust Assets. The Class V Certificates shall be Excess Interest Certificates.

“Excess Interest
Distribution Account”: The trust account or accounts created and maintained as a separate account or accounts (or as a subaccount
of the Distribution Account) by the Certificate Administrator pursuant to Section 3.04(c), which shall be entitled “Computershare
Trust Company, National Association, as Certificate Administrator, on behalf of Wilmington Trust, National Association, as Trustee, for
the benefit of the registered holders of BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41, Class V Certificates
and the RR Interest, Excess Interest Distribution Account”, and which must be an Eligible Account (or a subaccount of an Eligible
Account). The Excess Interest Distribution Account shall be held solely for the benefit of the Holders of the RR Interest and the Excess
Interest Certificates. The Excess Interest Distribution Account shall not be an asset of either Trust REMIC, but rather shall be an asset
of the Grantor Trust.

“Excess Interest
Grantor Trust Assets”: The portion of the Trust Fund consisting of the Excess Interest, the Excess Interest Distribution Account
and the proceeds thereof.

“Excess Modification
Fee Amount”: With respect to either the applicable Master Servicer or the applicable Special Servicer, any Corrected Loan and
any particular modification, waiver, extension or amendment with respect to such Corrected Loan that gives rise to the payment of a Workout
Fee, an amount equal to the aggregate of any Excess Modification Fees paid by or on behalf of the related Mortgagor with respect to the
related Mortgage Loan (including the related Serviced Companion Loan, if applicable, unless prohibited under the related Intercreditor
Agreement) and received and retained by such Master Servicer or such Special Servicer, as applicable, as compensation within the prior
twelve (12) months of such modification, waiver, extension or amendment, but only to the extent those fees have not previously been deducted
from a Workout Fee or Liquidation Fee.

“Excess Modification
Fees”: With respect to any Serviced Mortgage Loan or Serviced Whole Loan, the sum of (A) the excess, if any, of (i) any
and all Modification Fees with respect to a modification, waiver, extension or amendment of any of the terms of such Mortgage Loan or
Serviced Whole Loan, as applicable, over (ii) all unpaid or unreimbursed additional expenses (including, without limitation, reimbursement
of Advances and interest on Advances to the extent not otherwise paid or reimbursed by the Mortgagor but excluding Special Servicing Fees,
Workout Fees and Liquidation Fees) outstanding or previously incurred on behalf of the Trust with respect to the related Mortgage Loan
or Serviced Whole Loan, as applicable, and reimbursed from such Modification Fees and (B) expenses previously paid or reimbursed
from Modification Fees as described in the preceding clause (A), which expenses have been recovered from the related Mortgagor
or otherwise. With respect to each Master Servicer and Special Servicer, the Excess Modification Fees collected and earned by such Person
from the related Mortgagor (taken in the aggregate with any other Excess Modification Fees collected and earned by such Person from the
related Mortgagor within the prior twelve (12) months of the collection of the current Excess Modification Fees) will be subject
to a cap of 1.0% of the outstanding principal balance of the related Mortgage Loan or Serviced Whole Loan, as applicable, on the closing
date of the related modification, extension, waiver or amendment (after giving effect to

    	 	-61-	 

    

    

such modification, extension, waiver or amendment)
with respect to any Mortgage Loan or Serviced Whole Loan, as applicable.

“Excess Prepayment
Interest Shortfall”: For any Distribution Date, the Non-Retained Percentage of the Aggregate Excess Prepayment Interest Shortfall
for such Distribution Date.

“Excess Rate”:
With respect to each ARD Loan, the excess of (i) the applicable Revised Rate over (ii) the applicable Mortgage Rate, each as
set forth in the Mortgage Loan Schedule.

“Exchange Act”:
The Securities Exchange Act of 1934, as amended from time to time and the rules and regulations of the Commission thereunder.

“Exchange Date”:
As defined in Section 5.11(e).

“Exchangeable Certificate”:
Any of the Class A-3 Exchangeable Certificates, the Class A-4 Exchangeable Certificates, the Class A-S Exchangeable Certificates, the
Class B Exchangeable Certificates and the Class C Exchangeable Certificates.

“Exchangeable Class
Specific Grantor Trust Assets”: With respect to any Class of Exchangeable Certificates, its Class Percentage Interest in each
Corresponding Exchangeable Upper-Tier Regular Interest.

“Exchangeable P&I
Certificates”: Any of the Class A-3, Class A-3-1, Class A-3-2, Class A-4, Class A-4-1, Class A-4-2, Class A-S, Class A-S-1,
Class A-S-2, Class B, Class B-1, Class B-2, Class C, Class C-1 and Class C-2 Certificates.

“Exchangeable Upper-Tier
IO Regular Interest”: Each of the Class A-3-X1 Upper-Tier Regular Interest, the Class A-3-X2 Upper-Tier Regular Interest, the
Class A-4-X1 Upper-Tier Regular Interest, the Class A-4-X2 Upper-Tier Regular Interest, the Class A-S-X1 Upper-Tier Regular Interest,
the Class A-S-X2 Upper-Tier Regular Interest, the Class B-X1 Upper-Tier Regular Interest, the Class B-X2 Upper-Tier Regular Interest,
the Class C-X1 Upper-Tier Regular Interest and the Class C-X2 Upper-Tier Regular Interest.

“Exchangeable Upper-Tier
P&I Regular Interest”: Each of the Class A-3 Upper-Tier Regular Interest, the Class A-4 Upper-Tier Regular Interest, the
Class A-S Upper-Tier Regular Interest, the Class B Upper-Tier Regular Interest and the Class C Upper-Tier Regular Interest.

“Exchangeable Upper-Tier
Regular Interest”: Each of the Exchangeable Upper-Tier P&I Regular Interests and the Exchangeable Upper-Tier IO Regular
Interests.

“ExchangeRight Net
Leased Portfolio #54 Intercreditor Agreement”: That certain Co-Lender Agreement, dated as of April 7, 2022, by and between the
holders of the respective promissory notes evidencing the ExchangeRight Net Leased Portfolio #54 Whole Loan, relating to the relative
rights of such holders of the ExchangeRight Net Leased Portfolio #54 Whole Loan, as the same may be amended in accordance with the terms
thereof.

    	 	-62-	 

    

    

“ExchangeRight Net
Leased Portfolio #54 Mortgage Loan”: With respect to the ExchangeRight Net Leased Portfolio #54 Whole Loan, the Mortgage Loan
that is included in the Trust (identified as Mortgage Loan No. 16 on the Mortgage Loan Schedule), which is evidenced by the related promissory
notes A-1-B and A-2, and is pari passu in right of payment with the ExchangeRight Net Leased Portfolio #54 Pari Passu Companion
Loan to the extent set forth in the ExchangeRight Net Leased Portfolio #54 Intercreditor Agreement.

“ExchangeRight Net
Leased Portfolio #54 Mortgaged Property”: The portfolio of Mortgaged Properties that secures the ExchangeRight Net Leased Portfolio
#54 Whole Loan.

“ExchangeRight Net
Leased Portfolio #54 Pari Passu Companion Loan”: With respect to the ExchangeRight Net Leased Portfolio #54 Whole Loan, as of
the Closing Date, the pari passu companion loans evidenced by the related promissory notes A-1-A made by the related Mortgagor and secured
by the Mortgage on the ExchangeRight Net Leased Portfolio #54 Mortgaged Property, which is not included in the Trust and which is pari
passu in right of payment to the ExchangeRight Net Leased Portfolio #54 Mortgage Loan to the extent set forth in the related Mortgage
Loan documents and as provided in the ExchangeRight Net Leased Portfolio #54 Intercreditor Agreement.

“ExchangeRight Net
Leased Portfolio #54 Whole Loan”: The ExchangeRight Net Leased Portfolio #54 Mortgage Loan, together with the ExchangeRight
Net Leased Portfolio #54 Pari Passu Companion Loan, which is secured by the same Mortgage on the ExchangeRight Net Leased Portfolio #54
Mortgaged Property. References herein to the ExchangeRight Net Leased Portfolio #54 Whole Loan shall be construed to refer to the aggregate
indebtedness under the ExchangeRight Net Leased Portfolio #54 Mortgage Loan and the ExchangeRight Net Leased Portfolio #54 Pari Passu
Companion Loans.

“Excluded Controlling
Class Holder”: With respect to any Excluded Controlling Class Loan, the Directing Certificateholder or any Controlling Class
Certificateholder, as applicable, that is a Borrower Party with respect to such Excluded Controlling Class Loan. Promptly upon obtaining
actual knowledge of the Directing Certificateholder or any Controlling Class Certificateholder becoming an “Excluded Controlling
Class Holder”, the Directing Certificateholder or Controlling Class Certificateholder, as applicable, shall provide notice in the
form of Exhibit P-1E hereto to the applicable Master Servicer, the applicable Special Servicer, the Operating Advisor, the
Trustee and the Certificate Administrator, which notice shall be physically delivered in accordance with Section 13.05 of
this Agreement and shall specifically identify the Excluded Controlling Class Holder and the subject Excluded Controlling Class Loan.
Additionally, any Excluded Controlling Class Holder shall also send to the Certificate Administrator a notice substantially in the form
of Exhibit P-1F hereto, which notice shall provide each of the CTSLink User ID associated with such Excluded Controlling Class
Holder, and which notice shall direct the Certificate Administrator to restrict such Excluded Controlling Class Holder’s access
to the Certificate Administrator’s Website as and to the extent provided in this Agreement. As of the Closing Date, there are no
Excluded Controlling Class Holders related to the Trust.

“Excluded Controlling
Class Loan”: Any Mortgage Loan or Whole Loan with respect to which, as of any date of determination, the Directing Certificateholder
or any

    	 	-63-	 

    

    

Controlling Class Certificateholder is a Borrower
Party. For the avoidance of doubt, if a Mortgage Loan or Whole Loan is not an Excluded Controlling Class Loan, such Mortgage Loan or Whole
Loan is also not an Excluded Loan as to either the Directing Certificateholder or the Holder of the majority of the Controlling Class.
As of the Closing Date, there are no Excluded Controlling Class Loans related to the Trust.

“Excluded Information”:
With respect to any Excluded Controlling Class Loan, any information solely related to such Excluded Controlling Class Loan, which shall
include any Asset Status Reports, Final Asset Status Reports (or summaries thereof), inspection reports related to Specially Serviced
Loans prepared by the applicable Special Servicer or any Excluded Special Servicer and which may include any Operating Advisor reports
delivered to the Certificate Administrator regarding a Special Servicer’s net present value determination or any Appraisal Reduction
Amount calculations delivered pursuant to Section 3.26(d) and Section 3.26(e), and any Officer’s Certificates
delivered by the Trustee, the applicable Master Servicer or the applicable Special Servicer, supporting any determination that any Advance
was (or, if made, would be) a Nonrecoverable Advance, or such other information and reports designated as Excluded Information by the
applicable Special Servicer, the applicable Master Servicer or the Operating Advisor, as applicable, but in each case other than information
with respect to such Excluded Controlling Class Loan that is aggregated with information of other Mortgage Loans at a pool level. For
the avoidance of doubt, any file or report contained in the CREFC® Investor Reporting Package (CREFC® IRP)
(other than the CREFC® Special Servicer Loan File relating to any Excluded Controlling Class Loan) and any Schedule AL
Additional File shall not be considered “Excluded Information”. Each applicable Master Servicer, Special Servicer and the
Operating Advisor shall deliver any Excluded Information to the Certificate Administrator in accordance with Section 3.33.
For the avoidance of doubt, the Certificate Administrator’s obligation to segregate any information delivered to it under the “Excluded
Information” tab on the Certificate Administrator’s Website shall be triggered solely by such information being delivered
in the manner provided in Section 3.33.

“Excluded Loan”:
With respect to (a) the Directing Certificateholder or the Holder of the majority of the Controlling Class, any Mortgage Loan or Whole
Loan if, as of any date of determination, the Directing Certificateholder or the Holder of the majority of the Controlling Class is a
Borrower Party, or (b) the Risk Retention Consultation Party or the Holder of the majority of the RR Interest, any Mortgage Loan or Whole
Loan if, as of any date of determination, the Risk Retention Consultation Party or the Holder of the majority of the RR Interest is a
Borrower Party. For the avoidance of doubt, any Excluded Loan as to either the Directing Certificateholder or the Holder of the majority
of the Controlling Class is also an Excluded Controlling Class Loan. As of the Closing Date, there are no Excluded Loans related to the
Trust.

“Excluded Special
Servicer”: With respect to any Excluded Special Servicer Loan, a replacement special servicer that is not a Borrower Party and
satisfies all of the eligibility requirements applicable to a Special Servicer set forth in Section 7.01(g). As of the Closing
Date, there are no Excluded Special Servicers related to the Trust.

“Excluded Special
Servicer Information”: With respect to any Excluded Special Servicer Loan, any information solely related to such Excluded Special
Servicer Loan and/or the related Mortgaged Properties, which shall include the Asset Status Reports, Final Asset Status

    	 	-64-	 

    

    

Reports (or summaries thereof), any Operating
Advisor reports delivered to the Certificate Administrator regarding an Excluded Special Servicer’s net present value determination
or any Appraisal Reduction Amount calculations delivered pursuant to Section 3.26(d) and Section 3.26(e), and
any Officer’s Certificates delivered by the applicable Master Servicer or the applicable Excluded Special Servicer supporting any
determination that any Advance was (or, if made, would be) a Nonrecoverable Advance, or such other information and reports designated
as Excluded Special Servicer Information by the applicable Excluded Special Servicer, the applicable Master Servicer or the Operating
Advisor, as applicable, in each case, other than information with respect to such Excluded Special Servicer Loan(s) that is aggregated
with information with respect to the other Mortgage Loans at a pool level. For the avoidance of doubt, any file or report contained in
the CREFC® Investor Reporting Package (CREFC® IRP) (other than the CREFC® Special Servicer
Loan File relating to any Excluded Special Servicer Loan) and any Schedule AL Additional File shall not be considered “Excluded
Special Servicer Information”.

“Excluded Special
Servicer Loan”: Any Mortgage Loan or Serviced Whole Loan with respect to which, as of any date of determination, the applicable
Special Servicer obtains knowledge that it has become a Borrower Party. There are no Excluded Special Servicer Loans related to the Trust
as of the Closing Date.

“Extended Cure Period”:
As defined in Section 2.03(b).

“Fannie Mae”:
Federal National Mortgage Association or any successor thereto.

“FDIC”:
Federal Deposit Insurance Corporation or any successor thereto.

“Final Asset Status
Report”: With respect to any Specially Serviced Loan, each related Asset Status Report, together with such other data or supporting
information provided by the applicable Special Servicer to the Directing Certificateholder or the Risk Retention Consultation Party which
does not include any communication (other than the related Asset Status Report) between the applicable Special Servicer and Directing
Certificateholder or the Risk Retention Consultation Party with respect to such Specially Serviced Loan; provided that, with respect
to any Mortgage Loan other than an Excluded Loan as to the Directing Certificateholder or the Holder of the majority of the Controlling
Class, so long as no Control Termination Event has occurred and is continuing, no Asset Status Report shall be considered to be a Final
Asset Status Report unless the Directing Certificateholder has either finally approved of and consented to the actions proposed to be
taken in connection therewith, or has exhausted all of its rights of approval and consent pursuant to Section 3.19, or has
been deemed to have approved or consented to such action or the Asset Status Report is otherwise implemented by the applicable Special
Servicer in accordance with this Agreement. In addition, after the occurrence and during the continuance of a Control Termination Event,
no Asset Status Report shall be a Final Asset Status Report unless and until the Operating Advisor is consulted with on a non-binding
basis or deemed to have been consulted with pursuant to this Agreement. No such consultation shall be required prior to a Control Termination
Event. The Operating Advisor is only required to review Final Asset Status Reports delivered to it by a Special Servicer; provided that
the Operating Advisor shall request delivery of a Final Asset Status Report to the extent it has actual knowledge of such Final Asset
Status Report.

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“Final Dispute Resolution
Election Notice”: As defined in Section 2.03(l)(iii).

“Final Recovery
Determination”: A reasonable determination by the applicable Special Servicer, in consultation with the Directing Certificateholder
(if related to a Mortgage Loan other than an Excluded Loan as to such party and made prior to the occurrence and continuance of a Consultation
Termination Event), with respect to any Defaulted Loan (and, if applicable, any defaulted Companion Loan) or Corrected Loan or REO Property
(other than a Mortgage Loan or REO Property, as the case may be, that was purchased by (i) any of the Mortgage Loan Sellers pursuant
to Section 5 of the applicable Mortgage Loan Purchase Agreement, (ii) the applicable Special Servicer or other person pursuant
to Section 3.16(b), any Companion Holder, any mezzanine lender, in each case pursuant to Section 3.16 or (iii) the
applicable Master Servicer, the applicable Special Servicer, the Holders of the Controlling Class, or the Holders of the Class R
Certificates pursuant to Section 9.01) that there has been a recovery of all Insurance and Condemnation Proceeds, Liquidation
Proceeds, REO Revenue and other payments or recoveries that, in the applicable Special Servicer’s judgment, which judgment was exercised
without regard to any obligation of such Special Servicer to make payments from its own funds pursuant to Section 3.07(b),
will ultimately be recoverable. With respect to all Mortgage Loans that are not Excluded Loans with respect to the Directing Certificateholder
or the Holder of the majority of the Controlling Class, prior to the occurrence and continuance of any Control Termination Event, the
Directing Certificateholder shall have ten (10) Business Days to review and approve each such recovery determination by the applicable
Special Servicer; provided, however, that if the Directing Certificateholder fails to approve or disapprove any recovery
determination within ten (10) Business Days of receipt of the initial recovery determination, such consent shall be deemed given.

“Fitch”:
Fitch Ratings, Inc., and its successors in interest. If neither Fitch nor any successor remains in existence, “Fitch” shall
be deemed to refer to such other NRSRO or other comparable Person reasonably designated by the Depositor, notice of which designation
shall be given to the Trustee, the Certificate Administrator, each Master Servicer, the Directing Certificateholder and each Special Servicer,
and specific ratings of Fitch herein referenced shall be deemed to refer to the equivalent ratings of the party so designated.

“Form 8-K Disclosure
Information”: As defined in Section 11.07.

“Form 15 Suspension
Notification”: As defined in Section 11.08.

“Freddie Mac”:
Federal Home Loan Mortgage Corporation or any successor thereto.

“Gain-on-Sale
Proceeds”: With respect to any Serviced Mortgage Loan, the excess of (i) Liquidation Proceeds net of any related Liquidation
Expenses (or the portion of such net Liquidation Proceeds payable to the related Mortgage Loan pursuant to the related Intercreditor Agreement)
over (ii) the Purchase Price for such Mortgage Loan on the date on which Liquidation Proceeds were received; provided, that
for purposes of calculating Gain-on-Sale Proceeds, Liquidation Proceeds shall exclude any amounts allocated as a Yield Maintenance Charge,
Prepayment Premium, recovery of any late payment charges and default interest or recovery of any assumption fees and Modification Fees
pursuant to Sections 3.02(a) – (c).

    	 	-66-	 

    

    

“Gain-on-Sale Remittance
Amount”: For each Distribution Date, the lesser of (i) the amount on deposit in the Gain-on-Sale Reserve Account on such Distribution
Date, and (ii) the Non-Retained Percentage of the Aggregate Gain-on-Sale Entitlement Amount.

“Gain-on-Sale
Reserve Account”: A custodial account or accounts (or subaccount of the Distribution Account) created and maintained by the
Certificate Administrator, pursuant to Section 3.04(e) on behalf of the Trustee for the benefit of the Certificateholders
(other than the Holders of the RR Interest), which shall initially be entitled “Computershare Trust Company, National Association,
as Certificate Administrator, on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of the registered holders
of BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41, Gain-on-Sale Reserve Account”. Any such account
shall be an Eligible Account or a subaccount of an Eligible Account.

“General Master
Servicer”: Wells Fargo Bank, National Association, and its successors in interest and assigns, or any successor thereto (as
General Master Servicer) appointed as provided herein.

“General Special
Servicer”: (i) Rialto Capital Advisors, LLC, a Delaware limited liability company, and its successors in interest and assigns,
or any successor special servicer appointed as provided herein, and (ii) with respect to any Excluded Special Servicer Loan, if any, the
related Excluded Special Servicer appointed pursuant to Section 7.01(g) of this Agreement, as applicable and as the context may
require.

“Grace Period”:
The number of days before a payment default is an event of default under the related Mortgage Loan.

“Grantor Trust”:
A segregated asset pool within the Trust Fund treated as a “grantor trust” under subpart E, part I of subchapter J
of the Code, consisting of the assets described in the Preliminary Statement hereto.

“Grantor Trust Designated
Portion”: As defined in the Preliminary Statement hereto.

“Ground Lease”:
The ground lease pursuant to which any Mortgagor holds a leasehold interest in the related Mortgaged Property and any estoppels or other
agreements executed and delivered by the ground lessor in favor of the lender under the Mortgage Loan.

“Hazardous Materials”:
Any dangerous, toxic or hazardous pollutants, chemicals, wastes or substances, including, without limitation, those so identified pursuant
to CERCLA or any other federal, state or local environmental related laws and regulations, and specifically including, without limitation,
asbestos and asbestos-containing materials, polychlorinated biphenyls, radon gas, petroleum and petroleum products, urea formaldehyde
and any substances classified as being “in inventory,” “usable work in process” or similar classification which
would, if classified as unusable, be included in the foregoing definition.

“ILPT 2022-LPFX
TSA”: The trust and servicing agreement, dated as of March 6, 2022, between Citigroup Commercial Mortgage Securities Inc., as
depositor, Berkadia Commercial Mortgage LLC, as servicer, Situs Holdings, LLC as special servicer, Wilmington

    	 	-67-	 

    

    

Trust, National Association, as trustee, Computershare
Trust Company, National Association, as certificate administrator, and Park Bridge Lender Services LLC, as operating advisor, as from
time to time amended, supplemented or modified.

“ILPT Logistics
Portfolio Intercreditor Agreement”: That certain Agreement Between Noteholders, dated as of March 6, 2022, by and among the
holders of the respective promissory notes evidencing the ILPT Logistics Portfolio Whole Loan, relating to the relative rights of such
holders, as the same may be amended in accordance with the terms thereof.

“ILPT Logistics
Portfolio Mortgage Loan”: With respect to the ILPT Logistics Portfolio Whole Loan, the Mortgage Loan that is included in the
Trust (identified as Mortgage Loan No. 26 on the Mortgage Loan Schedule), which is evidenced by the related promissory note A-2-C, and
is pari passu in right of payment with the ILPT Logistics Portfolio Pari Passu Companion Loans and generally senior in right of
payment to the ILPT Logistics Portfolio Subordinate Companion Loans to the extent set forth in the ILPT Logistics Portfolio Intercreditor
Agreement.

“ILPT Logistics
Portfolio Mortgaged Property”: The portfolio of Mortgaged Properties that secures the ILPT Logistics Portfolio Whole Loan.

“ILPT Logistics
Portfolio Pari Passu Companion Loans”: With respect to the ILPT Logistics Portfolio Whole Loan, as of the Closing Date, the
pari passu companion loans evidenced by the related promissory notes A-1-A, A-1-B, A-1-C, A-1-D, A-1-E, A-2-A-1, A-2-A-2, A-2-B-1,
A-2-B-2, A-2-B-3, A-2-D and A-2-E, made by the related Mortgagor and secured by the Mortgage on the ILPT Logistics Portfolio Mortgaged
Property, which are not included in the Trust and which are pari passu in right of payment to the ILPT Logistics Portfolio Mortgage
Loan and generally senior in right of payment to the ILPT Logistics Portfolio Subordinate Companion Loans to the extent set forth in the
related Mortgage Loan documents and as provided in the ILPT Logistics Portfolio Intercreditor Agreement.

“ILPT Logistics
Portfolio Subordinate Companion Loans”: With respect to the ILPT Logistics Portfolio Whole Loan, as of the Closing Date, the
Companion Loans evidenced by the promissory notes designated as promissory notes B-1, B-2, B-3, B-4 and B-5, made by the related Mortgagor
and secured by the Mortgage on the ILPT Logistics Portfolio Mortgaged Property, which are not included in the Trust and which are generally
subordinate in right of payment to the ILPT Logistics Portfolio Mortgage Loan and the ILPT Logistics Portfolio Pari Passu Companion Loans,
to the extent set forth in the related Mortgage Loan documents and as provided in the ILPT Logistics Portfolio Intercreditor Agreement.

“ILPT Logistics
Portfolio Whole Loan”: The ILPT Logistics Portfolio Mortgage Loan, together with the ILPT Logistics Portfolio Pari Passu Companion
Loans and the ILPT Logistics Portfolio Subordinate Companion Loans, each of which is secured by the Mortgage on the ILPT Logistics Portfolio
Mortgaged Property. References herein to the ILPT Logistics Portfolio Whole Loan shall be construed to refer to the aggregate indebtedness
under the ILPT Logistics Portfolio Mortgage Loan, the ILPT Logistics Portfolio Pari Passu Companion Loans and the ILPT Logistics Portfolio
Subordinate Companion Loans.

    	 	-68-	 

    

    

“Independent”:
When used with respect to any accountants, a Person who is “independent” within the meaning of Rule 2-01(b) of the
Commission’s Regulation S-X. When used with respect to any specified Person, any such Person who (i) is in fact independent
of the Trustee, the Certificate Administrator, the Depositor, each Master Servicer, each Special Servicer, the Directing Certificateholder,
the Risk Retention Consultation Party, the Companion Holders (insofar as the relevant matter involves a Whole Loan (whether alone or together
with one or more other Mortgage Loans)), the Operating Advisor, the Asset Representations Reviewer and all Affiliates thereof, (ii) does
not have any material direct financial interest in or any material indirect financial interest in any of the Trustee, the Certificate
Administrator, the Depositor, each Master Servicer, each Special Servicer, the Directing Certificateholder, the Risk Retention Consultation
Party, the Companion Holders (insofar as the relevant matter involves a Whole Loan (whether alone or together with one or more other Mortgage
Loans)), the Operating Advisor, the Asset Representations Reviewer or any Affiliate thereof and (iii) is not connected with the Trustee,
the Certificate Administrator, the Depositor, each Master Servicer, each Special Servicer, the Directing Certificateholder, the Risk Retention
Consultation Party, the Companion Holders (insofar as the relevant matter involves a Whole Loan (whether alone or together with one or
more other Mortgage Loans)), the Operating Advisor, the Asset Representations Reviewer or any Affiliate thereof as an officer, employee,
promoter, underwriter, trustee, partner, director or Person performing similar functions; provided, however, that a Person
shall not fail to be Independent of the Trustee, the Certificate Administrator, the Depositor, any applicable Master Servicer, any applicable
Special Servicer, the Directing Certificateholder, the Risk Retention Consultation Party, the Companion Holders or any Affiliate thereof
merely because such Person is the beneficial owner of 1% or less of any Class of securities issued by the Trustee, the Certificate Administrator,
the Depositor, the applicable Master Servicer, the applicable Special Servicer, the Operating Advisor, the Asset Representations Reviewer,
the Directing Certificateholder, the Risk Retention Consultation Party, the Companion Holders or any Affiliate thereof, as the case may
be, so long as such ownership constitutes less than 1% of the total assets of such Person. For the avoidance of doubt, the exception
in the proviso above for ownership of 1% or less of any Class of Certificates shall not apply with respect to the Operating Advisor or
the Asset Representations Reviewer.

“Independent Contractor”:
Either (i) any Person that would be an “independent contractor” with respect to the Trust within the meaning of Section 856(d)(3)
of the Code if the Trust were a real estate investment trust (except that the ownership test set forth in that Section shall be considered
to be met by any Person that owns, directly or indirectly, 35% or more of any Class of Certificates, or such other interest in any Class
of Certificates as is set forth in an Opinion of Counsel, which shall be at no expense to the Trustee, the Certificate Administrator,
any Master Servicer, any Companion Holder or the Trust, delivered to the Trustee, any Companion Holder, the Certificate Administrator
and any Master Servicer), so long as the Trust does not receive or derive any income from such Person and provided that the relationship
between such Person and the Trust is at arm’s length, all within the meaning of Treasury Regulations Section 1.856-4(b)(5)
(except that no Master Servicer or Special Servicer shall be considered to be an Independent Contractor under the definition in this clause (i) unless
an Opinion of Counsel has been delivered to the Trustee and the Certificate Administrator to that effect) or (ii) any other Person
(including a Master Servicer or a Special Servicer) upon receipt by the Trustee, the Certificate Administrator, the Operating Advisor
and each applicable Master Servicer of an Opinion of Counsel, which shall be at no expense to the Trustee, the Certificate Administrator,
such Master Servicer, the Operating Advisor or the Trust, to the effect that the taking of any action in respect of any REO Property by

    	 	-69-	 

    

    

such Person, subject to any conditions therein
specified, that is otherwise herein contemplated to be taken by an Independent Contractor will not cause such REO Property to cease to
qualify as “foreclosure property” within the meaning of Section 860G(a)(8) of the Code or cause any income realized in
respect of such REO Property to fail to qualify as Rents from Real Property.

“Initial Cure Period”:
As defined in Section 2.03(b).

“Initial Purchasers”:
Morgan Stanley & Co. LLC, BofA Securities, Inc., Wells Fargo Securities, LLC, Academy Securities, Inc. and Drexel Hamilton,
LLC.

“Initial Requesting
Certificateholder”: The first Certificateholder or Certificate Owner (in either case, other than a Holder of the RR Interest)
to deliver a Certificateholder Repurchase Request as described in Section 2.03(k) with respect to a Mortgage Loan. For the
avoidance of doubt, there may not be more than one Initial Requesting Certificateholder with respect to any Mortgage Loan. A Holder of
an RR Interest may not be an Initial Requesting Certificateholder.

“Initial Schedule
AL Additional File”:  The data file prepared by or on behalf of the Depositor containing additional information or schedules
regarding data points in the Initial Schedule AL File in accordance with Item 1111(h)(4) of Regulation AB and Item 601(b)(103) of
Regulation S-K under the Securities Act and filed as Exhibit 103 to the Form ABS-EE incorporated by reference into the Prospectus.

“Initial Schedule
AL File”:  The data file prepared by or on behalf of the Depositor containing the information required by Item 1111(h)(3)
or Item 1125 of Regulation AB or Item 601(b)(102) of Regulation S-K under the Securities Act and filed as Exhibit 102 to the Form ABS-EE
incorporated by reference into the Prospectus.

“Initial Sub-Servicer”:
With respect to each Mortgage Loan that is subject to a Sub-Servicing Agreement with any Master Servicer as of the Closing Date, the
Sub-Servicer under any such Sub-Servicing Agreement. As of the Closing Date, each entity listed on Exhibit EE is an
Initial Sub-Servicer.

“Initial Sub-Servicing
Agreement”: Any Sub-Servicing Agreement in effect as of the Closing Date.

“Inquiry”
and “Inquiries”: As each is defined in Section 4.07(a).

“Institutional Accredited
Investor”: An institutional investor which is an “accredited investor” within the meaning of paragraphs (1), (2),
(3) or (7) of Rule 501(a) of Regulation D under the Act or any entity in which all of the equity owners come within such paragraphs.

“Insurance and Condemnation
Proceeds”: All proceeds paid under any Insurance Policy or in connection with the full or partial condemnation of a Mortgaged
Property, in either case, to the extent such proceeds are not applied to the restoration of the related Mortgaged Property or released
to the Mortgagor or any tenants or ground lessors, in either case, in accordance with the Servicing Standard (and in the case of any Mortgage
Loan with a related Companion

    	 	-70-	 

    

    

Loan, to the extent any portion of such proceeds
are received by the applicable Master Servicer or Certificate Administrator in connection with such Mortgage Loan, pursuant to the allocations
set forth in the related Intercreditor Agreement) and the REMIC Provisions.

“Insurance Policy”:
With respect to any Mortgage Loan, any hazard insurance policy, flood insurance policy, title policy or other insurance policy that is
maintained from time to time in respect of such Mortgage Loan or the related Mortgaged Property.

“Insurance Summary
Report”: With respect to each Mortgage Loan, a report or other summary prepared either by the related Mortgage Loan Seller or
a third party insurance consultant on behalf of the related Mortgage Loan Seller that provides a summary of all insurance policies covering
the related Mortgaged Property(ies), identifying the insurance provider, applicable ratings of each such provider and the amount of coverage
and any applicable deductible.

“Intercreditor Agreement”:
(a) Each of the Constitution Center Intercreditor Agreement, the Dallas Design District Intercreditor Agreement, the Life Science Office
Portfolio Intercreditor Agreement, the 601 Lexington Avenue Intercreditor Agreement, the UCI Research Park Phases 12 & 13 Intercreditor
Agreement, the Norfolk Premium Outlets Intercreditor Agreement, the Shearer’s Industrial Portfolio Intercreditor Agreement, the
Journal Squared Tower 2 Intercreditor Agreement, the ExchangeRight Net Leased Portfolio #54 Intercreditor Agreement, the Silver Sands
Premium Outlets Intercreditor Agreement and the ILPT Logistics Portfolio Intercreditor Agreement, (b) any intercreditor agreement
entered into in connection with the issuance to the direct or indirect equity holders in the Mortgagor of any existing mezzanine indebtedness
or any future mezzanine indebtedness permitted under the related Mortgage Loan documents and (c) solely with respect to a Joint Mortgage
Loan treated as a Serviced Whole Loan in accordance with Section 3.30 hereof (to the extent there is no related Intercreditor
Agreement governing the relationship of the promissory notes comprising such Joint Mortgage Loan), the applicable Mortgage Loan documents
together with the provisions of Section 3.30 hereof.

“Interest Accrual
Amount”: With respect to any Distribution Date and any Class of Regular Certificates (other than the RR Interest) or Exchangeable
Upper-Tier Regular Interest, the amount of interest for the related Interest Accrual Period accrued at the Pass-Through Rate for such
Class of Certificates or Exchangeable Upper-Tier Regular Interest on the Certificate Balance or Notional Amount, as applicable, for such
Class of Certificates or Exchangeable Upper-Tier Regular Interest immediately prior to that Distribution Date. Calculations of interest
for each Interest Accrual Period will be made on 30/360 basis.

“Interest Accrual
Period”: For each Distribution Date, the calendar month prior to the month in which that Distribution Date occurs.

“Interest Distribution
Amount”: With respect to any Class of Regular Certificates (other than the RR Interest) or Exchangeable Upper-Tier Regular Interest
for any Distribution Date, an amount equal to (A) the sum of (i) the Interest Accrual Amount with respect to such Class
of Certificates or Exchangeable Upper-Tier Regular Interest for such Distribution Date and (ii) the Interest Shortfall, if any, with
respect to such Class of Certificates or Exchangeable Upper-Tier Regular Interest for such Distribution Date, less (B) any Excess
Prepayment Interest Shortfall allocated to such Class of Certificates on such Distribution Date.

    	 	-71-	 

    

    

For purposes of clause (B)
above, the Excess Prepayment Interest Shortfall, if any, for each Distribution Date shall be allocated to each Class of Non-Retained Certificates
(other than the Exchangeable Certificates) and the Exchangeable Upper-Tier Regular Interests in an amount equal to the product of (i) the
amount of such Excess Prepayment Interest Shortfall and (ii) a fraction, the numerator of which is the Interest Accrual Amount for
such Class for such Distribution Date and the denominator of which is the aggregate Interest Accrual Amounts for all Classes of Regular
Certificates and the Exchangeable Upper-Tier Regular Interests for such Distribution Date. For any Distribution Date, any portion of the
Excess Prepayment Interest Shortfall allocated to an Exchangeable Upper-Tier Regular Interest, shall be allocated among the Classes of
Exchangeable Certificates representing an interest therein, pro rata, in accordance with their respective Class Percentage Interests
therein.

“Interest Reserve
Account”: The trust account or subaccount of the Distribution Account created and maintained by the Certificate Administrator
pursuant to Section 3.04(b) initially in the name of “Computershare Trust Company, National Association, as Certificate
Administrator, on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of the registered holders of BANK 2022-BNK41,
Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41, Interest Reserve Account”, into which the amounts set forth in
Section 3.21 shall be deposited directly and which must be an Eligible Account or subaccount of an Eligible Account.

“Interest Shortfall”:
With respect to any Distribution Date for any Class of Regular Certificates (other than the RR Interest) or Exchangeable Upper-Tier Regular
Interest, the sum of (a) the portion of the Interest Distribution Amount for such Class or Exchangeable Upper-Tier Regular Interest
remaining unpaid as of the close of business on the preceding Distribution Date, and (b) to the extent permitted by applicable law,
(i) other than in the case of Class X Certificates or Exchangeable Upper-Tier IO Regular Interests, one month’s interest
on that amount remaining unpaid at the Pass-Through Rate applicable to such Class or Exchangeable Upper-Tier Regular Interest for the
current Distribution Date and (ii) in the case of the Class X Certificates or Exchangeable Upper-Tier IO Regular Interests,
one month’s interest on that amount remaining unpaid at the Weighted Average Net Mortgage Rate for such Distribution Date.

“Interested Person”:
As of the date of any determination, the Depositor, any Master Servicer, any Special Servicer, the Operating Advisor, the Asset Representations
Reviewer, the Certificate Administrator, the Trustee, the Directing Certificateholder, the Risk Retention Consultation Party, any Sponsor,
any Borrower Party, any Independent Contractor engaged by a Special Servicer, the trustee for the securitization of a Companion Loan (with
respect to a Whole Loan if it is a Defaulted Loan), any related Companion Holder or its representative, any holder of a related mezzanine
loan or any known Affiliate of any such party described above.

“Investment Account”:
As defined in Section 3.06(a).

“Investment Representation
Letter”: As defined in Section 5.03(e), a form of which is attached hereto as Exhibit C.

“Investor-Based
Exemption”: Any of PTCE 84-14 (for transactions by independent “qualified professional asset managers”), PTCE 91-38
(for transactions by bank collective

    	 	-72-	 

    

    

investment funds), PTCE 90-1 (for transactions
by insurance company pooled separate accounts), PTCE 95-60 (for transactions by insurance company general accounts) or PTCE 96-23 (for
transactions effected by “in-house asset managers”) or a similar exemption under Similar Law.

“Investor Certification”:
A certificate (which may be in electronic form) substantially in the form of Exhibit P-1A, Exhibit P-1B, Exhibit P-1C
or Exhibit P-1D to this Agreement or in the form of an electronic certification contained on the Certificate Administrator’s
Website (which may be a click-through confirmation), representing (i) that such Person executing the certificate is a Certificateholder,
the Directing Certificateholder or the Risk Retention Consultation Party, a beneficial owner of a Certificate, a prospective purchaser
of a Certificate or a Companion Holder (or any investment advisor, manager or other representative of the foregoing), (ii) that either
(a) such Person is the Risk Retention Consultation Party or is a Person who is not a Borrower Party, in which case such Person shall
have access to all the reports and information made available to Certificateholders via the Certificate Administrator’s Website
hereunder, or (b) such Person is a Borrower Party in which case (1) if such Person is the Directing Certificateholder or a Controlling
Class Certificateholder, such Person shall have access to all the reports and information made available to Certificateholders via the
Certificate Administrator’s Website hereunder other than any Excluded Information as set forth herein or (2) if such Person
is the Risk Retention Consultation Party, such Person shall have access to all the reports and information made available to Certificateholders
via the Certificate Administrator’s Website under this Agreement or (3) if such Person is not the Directing Certificateholder or
a Controlling Class Certificateholder or the Risk Retention Consultation Party, such Person shall only receive access to the Statements
to Certificateholders prepared by the Certificate Administrator, (iii) (other than with respect to a Companion Holder) that such
Person has received a copy of the final Prospectus and (iv) such Person agrees to keep any Privileged Information confidential and
will not violate any securities laws; provided, however, that any Excluded Controlling Class Holder (i) shall be permitted
to reasonably request and obtain in accordance with Section 4.02(f) of this Agreement any Excluded Information relating to
any Excluded Controlling Class Loan with respect to which such Excluded Controlling Class Holder is not a Borrower Party (if such Excluded
Information is not otherwise available to such Excluded Controlling Class Holder via the Certificate Administrator’s Website on
account of it constituting Excluded Information) and (ii) shall be considered a Privileged Person for all other purposes, except
with respect to its ability to obtain information with respect to any related Excluded Controlling Class Loan. The Certificate Administrator
may require that Investor Certifications be re-submitted from time to time in accordance with its policies and procedures and shall restrict
access to the Certificate Administrator’s Website to any mezzanine lender upon notice from any party to this Agreement that such
mezzanine lender has become an Accelerated Mezzanine Loan Lender.

“Investor Q&A
Forum”: As defined in Section 4.07(a).

“Investor Registry”:
As defined in Section 4.07(b).

“Joint Mortgage
Loan”: Any Mortgage Loan for which one or more promissory notes will be contributed to this securitization by more than one
Mortgage Loan Seller. As of the Closing Date, the Life Science Office Portfolio Mortgage Loan is a Joint Mortgage Loan related to the
Trust.

    	 	-73-	 

    

    

“Journal Squared
Tower 2 Intercreditor Agreement”: The Co-Lender Agreement, dated as of November 30, 2021, by and between the holders of the
respective promissory notes evidencing the Journal Squared Tower 2 Whole Loan, relating to the relative rights of such holders, as the
same may be further amended in accordance with the terms thereof.

“Journal Squared
Tower 2 Mortgage Loan”: With respect to the Journal Squared Tower 2 Whole Loan, the Mortgage Loan that is included in the Trust
(identified as Mortgage Loan No. 13 on the Mortgage Loan Schedule), which is evidenced by the related promissory note A-4, and is pari
passu in right of payment with the Journal Squared Tower 2 Pari Passu Companion Loans and generally senior in right of payment to
the Journal Squared Tower 2 Subordinate Companion Loan to the extent set forth in the Journal Squared Tower 2 Intercreditor Agreement.

“Journal Squared
Tower 2 Mortgaged Property”: The portfolio of Mortgaged Properties that secures the Journal Squared Tower 2 Whole Loan.

“Journal Squared
Tower 2 Pari Passu Companion Loans”: With respect to the Journal Squared Tower 2 Whole Loan, as of the Closing Date, the pari
passu companion loans evidenced by the related promissory notes A-1, A-2 and A-3, made by the related Mortgagor and secured by the
Mortgage on the Journal Squared Tower 2 Mortgaged Property, which are not included in the Trust and which are pari passu in right
of payment to the Journal Squared Tower 2 Mortgage Loan and generally senior in right of payment to the Journal Squared Tower 2 Subordinate
Companion Loan to the extent set forth in the related Mortgage Loan documents and as provided in the Journal Squared Tower 2 Intercreditor
Agreement.

“Journal Squared
Tower 2 Subordinate Companion Loan”: With respect to the Journal Squared Tower 2 Whole Loan, as of the Closing Date, the Companion
Loan evidenced by the promissory note designated as promissory note B, made by the related Mortgagor and secured by the Mortgage on the
Journal Squared Tower 2 Mortgaged Property, which is not included in the Trust and which is generally subordinate in right of payment
to the Journal Squared Tower 2 Mortgage Loan and the Journal Squared Tower 2 Pari Passu Companion Loans, to the extent set forth in the
related Mortgage Loan documents and as provided in the Journal Squared Tower 2 Intercreditor Agreement.

“Journal Squared
Tower 2 Whole Loan”: The Journal Squared Tower 2 Mortgage Loan, together with the Journal Squared Tower 2 Pari Passu Companion
Loans and the Journal Squared Tower 2 Subordinate Companion Loan, each of which is secured by the Mortgage on the Journal Squared Tower
2 Mortgaged Property. References herein to the Journal Squared Tower 2 Whole Loan shall be construed to refer to the aggregate indebtedness
under the Journal Squared Tower 2 Mortgage Loan, the Journal Squared Tower 2 Pari Passu Companion Loans and the Journal Squared Tower
2 Subordinate Companion Loan.

“KBRA”:
Kroll Bond Rating Agency, LLC, and its successors in interest. If neither KBRA nor any successor remains in existence, “KBRA”
shall be deemed to refer to such other NRSRO or other comparable Person reasonably designated by the Depositor, notice of which designation
shall be given to the Trustee, the Certificate Administrator, each Master Servicer, the Directing Certificateholder and each Special Servicer
and specific ratings of KBRA herein referenced shall be deemed to refer to the equivalent ratings of the party so designated.

    	 	-74-	 

    

    

“Late Collections”:
With respect to any Mortgage Loan, Whole Loan or Companion Loan, all amounts received thereon prior to the related Determination Date,
whether as payments, Insurance and Condemnation Proceeds, Liquidation Proceeds or otherwise, which represent late payments or collections
of principal or interest due in respect of such Mortgage Loan, Whole Loan or Companion Loan, as applicable (without regard to any acceleration
of amounts due thereunder by reason of default), on a Due Date prior to the immediately preceding Determination Date and not previously
recovered. With respect to any REO Loan, all amounts received in connection with the related REO Property prior to the related Determination
Date, whether as Insurance and Condemnation Proceeds, Liquidation Proceeds, REO Revenues or otherwise, which represent late collections
of principal or interest due or deemed due in respect of such REO Loan or the predecessor Mortgage Loan, Whole Loan or Companion Loan,
as applicable (without regard to any acceleration of amounts due under the predecessor Mortgage Loan, Whole Loan or Companion Loan, as
applicable, by reason of default), on a Due Date prior to the immediately preceding Determination Date and not previously recovered. The
term “Late Collections” shall specifically exclude Penalty Charges. With respect to any Whole Loan, as used in this Agreement,
Late Collections shall refer to such portion of Late Collections to the extent allocable to the related Mortgage Loan or related Companion
Loan, as applicable, pursuant to the terms of the related Intercreditor Agreement.

“Life Science Office
Portfolio Intercreditor Agreement”: The Agreement Between Note Holders, dated as of February 10, 2022, by and between the holders
of the respective promissory notes evidencing the Life Science Office Portfolio Whole Loan, relating to the relative rights of such holders,
as the same may be further amended in accordance with the terms thereof.

“Life Science Office
Portfolio Mortgage Loan”: With respect to the Life Science Office Portfolio Whole Loan, the Mortgage Loan that is included in
the Trust (identified as Mortgage Loan No. 4 on the Mortgage Loan Schedule), which is evidenced by promissory notes A-1-2 and A-3.

“Life Science Office
Portfolio Mortgaged Property”: The portfolio of Mortgaged Properties that secures the Life Science Office Portfolio Whole Loan.

“Life Science Office
Portfolio Pari Passu Companion Loans”: With respect to the Life Science Office Portfolio Whole Loan, as of the Closing Date,
the pari passu companion loans evidenced by the related promissory notes A-1-1 and A-2, made by the related Mortgagor and secured
by the Mortgage on the Life Science Office Portfolio Mortgaged Property, which are not included in the Trust and which are pari passu
in right of payment to the Life Science Office Portfolio Mortgage Loan to the extent set forth in the related Mortgage Loan documents
and as provided in the Life Science Office Portfolio Intercreditor Agreement.

“Life Science Office
Portfolio Whole Loan”: The Life Science Office Portfolio Mortgage Loan together with the Life Science Office Portfolio Pari
Passu Companion Loans, each of which is secured by the same Mortgage on the Life Science Office Portfolio Mortgaged Property. References
herein to the Life Science Office Portfolio Whole Loan shall be construed to refer to the aggregate indebtedness under the Life Science
Office Portfolio Mortgage Loan and the Life Science Office Portfolio Pari Passu Companion Loans.

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“Liquidation Event”:
With respect to any Mortgage Loan or with respect to any REO Property (and the related REO Loan), any of the following events: (i) such
Mortgage Loan is paid in full; (ii) a Final Recovery Determination is made with respect to such Mortgage Loan; (iii) such Mortgage
Loan is repurchased by the applicable Mortgage Loan Seller pursuant to Section 5 of the related Mortgage Loan Purchase Agreement;
(iv) such Mortgage Loan is purchased by any Special Servicer, or by any Companion Holder, any mezzanine lender (as applicable), in
each case pursuant to Section 3.16 (and the related Intercreditor Agreement); (v) such Mortgage Loan is purchased by
any Special Servicer, any Master Servicer, the Holder of the majority of the Controlling Class or the Holders of the Class R Certificates
pursuant to Section 9.01 or acquired by the Sole Certificateholder in exchange for its Certificates pursuant to Section 9.01;
or (vi) such Mortgage Loan is sold by any Special Servicer pursuant to the terms of this Agreement.

“Liquidation Expenses”:
All customary, reasonable and necessary “out of pocket” costs and expenses incurred by any Special Servicer in connection
with a liquidation of any Specially Serviced Loan or REO Property (except with respect to a Non-Serviced Mortgaged Property) pursuant
to Section 3.16 (including, without limitation, legal fees and expenses, committee or referee fees and, if applicable, brokerage
commissions and conveyance taxes).

“Liquidation Fee”:
A fee payable to the applicable Special Servicer with respect to (a) each Specially Serviced Loan or REO Property (except with respect
to a Non-Serviced Mortgaged Property) as to which such Special Servicer receives (i) a full, partial or discounted payoff from
the related Mortgagor or (ii) any Liquidation Proceeds or Insurance and Condemnation Proceeds (including with respect to the related
Companion Loan, if applicable), or REO Property (in any case, other than amounts for which a Workout Fee has been paid, or will be payable),
or (b) any Loss of Value Payment or Purchase Price paid by a Mortgage Loan Seller with respect to any Mortgage Loan (except if such Mortgage
Loan Seller makes such Loss of Value Payment in connection with a breach or document defect within the 90-day initial cure period or,
if applicable, within the subsequent 90-day extended cure period), equal to the product of the Liquidation Fee Rate and the proceeds of
such full, partial or discounted payoff or other partial payment or the Liquidation Proceeds, Insurance and Condemnation Proceeds or Loss
of Value Payments or Purchase Price (net of the related costs and expenses associated with the related liquidation) related to such liquidated
Specially Serviced Loan or REO Property, as the case may be; provided, however, that no Liquidation Fee shall be payable
with respect to (a) the purchase of any Specially Serviced Loan by any Special Servicer or any Affiliate thereof (except if such
Affiliate purchaser is the Directing Certificateholder or any Affiliate thereof; provided, however, that prior to a Control
Termination Event, if the Directing Certificateholder or an Affiliate thereof purchases any Specially Serviced Loan within ninety (90)
days after the applicable Special Servicer delivers to the Directing Certificateholder for its approval the initial Asset Status Report
with respect to such Specially Serviced Loan, such Special Servicer will not be entitled to a Liquidation Fee in connection with such
purchase by the Directing Certificateholder or its Affiliates), (b) any event described in clause (iv) of the definition
of “Liquidation Proceeds” (or any substitution in lieu of a repurchase) so long as such repurchase or substitution occurs
prior to the termination of the Extended Cure Period, (c) any event described in clauses (v) and (vi) of the definition
of “Liquidation Proceeds”, as long as, with respect to a purchase pursuant to clause (vi) of the definition of
“Liquidation Proceeds”, a purchase occurs within ninety (90) days of such holder’s purchase option first becoming exercisable
during that period prior to such Mortgage

    	 	-76-	 

    

    

Loan becoming a Corrected Loan pursuant to
the related Intercreditor Agreement, (d) a Serviced Companion Loan, (x) a repurchase of such Serviced Companion Loan by the applicable
Mortgage Loan Seller for a breach of a representation or warranty or for a defective or deficient mortgage loan documentation under an
Other Pooling and Servicing Agreement within the time period (or extension thereof, if applicable) provided for such repurchase or such
repurchase occurs prior to the termination of such time period (or extension of such time period, if applicable) or (y) a purchase
of such Serviced Companion Loan by any applicable party to the Other Pooling and Servicing Agreement pursuant to a clean-up call or similar
liquidation of the Other Securitization; or (e) if a Mortgage Loan or Serviced Whole Loan becomes a Specially Serviced Loan solely
because of a Servicing Transfer Event described in clause (i) of the definition of “Servicing Transfer Event”,
Liquidation Proceeds are received within ninety (90) days following the related Maturity Date as a result of such Mortgage Loan or Serviced
Whole Loan being refinanced or otherwise repaid in full (but, in the event that a Liquidation Fee is not payable due to the application
of any of clauses (a) through (e) above, each Special Servicer may still collect and retain a Liquidation Fee and similar
fees from the related Mortgagor to the extent provided for in, or not prohibited by, the related loan documents); provided that
the Liquidation Fee for each Specially Serviced Loan will be reduced by the amount of any Excess Modification Fees paid by or on behalf
of the related Mortgagor with respect to the related Mortgage Loan and any related Companion Loan, as applicable, or REO Property and
received by the applicable Special Servicer as compensation within the prior twelve (12) months, but only to the extent those fees have
not previously been deducted from a Workout Fee or Liquidation Fee. No Liquidation Fee shall be payable in connection with a Loss of Value
Payment by a Mortgage Loan Seller, if the applicable Mortgage Loan Seller makes such Loss of Value Payment within ninety (90) days of
receipt of notice of a breach (and giving effect to an extension period of ninety (90) days).

“Liquidation Fee
Rate”: A rate equal to 1.00% (or, with respect to the 1600 Broadway Mortgage Loan or any REO Property with respect to such Mortgage
Loan, 0.50%) with respect to any Mortgage Loan, any Specially Serviced Loan (and each related Serviced Companion Loan) or REO Property,
in each case as described in Section 3.11(c); provided that if such rate would result in an aggregate Liquidation Fee less
than $25,000, then the Liquidation Fee Rate will be equal to the lesser of (i) 3.0% and (ii) such lower rate as would result in an aggregate
Liquidation Fee equal to $25,000.

“Liquidation Proceeds”:
Cash amounts received by or paid to any Master Servicer or any Special Servicer in connection with: (i) the liquidation (including
a payment in full) of a Mortgaged Property or other collateral constituting security for a Defaulted Loan or defaulted Companion Loan,
if applicable, through a trustee’s sale, foreclosure sale, REO Disposition or otherwise, exclusive of any portion thereof required
to be released to the related Mortgagor in accordance with applicable law and the terms and conditions of the related Mortgage Note and
Mortgage; (ii) the realization upon any deficiency judgment obtained against a Mortgagor; (iii) any sale of (A) a Specially
Serviced Loan pursuant to Section 3.16(a) or (B) any REO Property pursuant to Section 3.16(b); (iv) the
repurchase of a Mortgage Loan by the applicable Mortgage Loan Seller pursuant to Section 5 of the related Mortgage Loan Purchase
Agreement; (v) the purchase of a Specially Serviced Loan or REO Property by the Holder of the majority of the Controlling Class,
any Special Servicer, any Master Servicer or the Holders of the Class R Certificates pursuant to Section 9.01; (vi) the
purchase of a Mortgage Loan or an REO Property by (a) the applicable Subordinate Companion Holder, or (b) the related mezzanine
lender, in each

    	 	-77-	 

    

    

case pursuant to Section 3.16 and
the related Intercreditor Agreement; or (vii) the transfer of any Loss of Value Payments from the Loss of Value Reserve Fund to the
applicable Collection Account in accordance with Section 3.05(g) of this Agreement (provided that, for the purpose
of determining the amount of the Liquidation Fee (if any) payable to the applicable Special Servicer in connection with such Loss of Value
Payment, the full amount of such Loss of Value Payment shall be deemed to constitute “Liquidation Proceeds” from which the
Liquidation Fee (if any) is payable as of such time such Loss of Value Payment is made by the applicable Mortgage Loan Seller). With respect
to any Whole Loan, as used in this Agreement, Liquidation Proceeds shall refer to such portion of Liquidation Proceeds to the extent allocable
to the related Mortgage Loan or related Companion Loan, as applicable, pursuant to the terms of the related Intercreditor Agreement.

“Loan-Specific Directing
Certificateholder”: With respect to a Servicing Shift Mortgage Loan, prior to the related Servicing Shift Securitization Date,
the Loan-Specific Directing Certificateholder with respect to a Servicing Shift Mortgage Loan will be the holder of the related “Controlling
Note” or other analogous term under the related Intercreditor Agreement. With respect to a Servicing Shift Mortgage Loan, on and
after the related Servicing Shift Securitization Date, there will be no Loan-Specific Directing Certificateholder with respect to such
Servicing Shift Whole Loan. As of the Closing Date, there is no Loan-Specific Directing Certificateholder under this Agreement.

“Loss of Value Payment”:
As defined in Section 2.03(b) of this Agreement.

“Loss of Value Reserve
Fund”: The “outside reserve fund” (within the meaning of Treasury Regulations Section 1.860G-2(h)) designated
as such pursuant to Section 3.04(i) of this Agreement. The Loss of Value Reserve Fund will be part of the Trust Fund but not
part of the Grantor Trust or any Trust REMIC.

“Lower-Tier
Distribution Amount”: As defined in Section 4.01(c).

“Lower-Tier
Principal Amount”: With respect to any Class of Lower-Tier Regular Interests, (i) on or prior to the first Distribution
Date, an amount equal to the Original Lower-Tier Principal Amount of such Class as specified in the Preliminary Statement hereto,
and (ii) as of any date of determination after the first Distribution Date, an amount equal to the Certificate Balance of the Class
of Related Certificates or Related Exchangeable Upper-Tier Regular Interest on the Distribution Date immediately prior to such date of
determination (determined as adjusted pursuant to Section 1.02(iii)), and as set forth in Section 4.01(c).

“Lower-Tier Regular
Interests”: Any of the Class LA1, Class LASB, Class LA3, Class LA4, Class LAS, Class LB, Class LC,
Class LD, Class LE, Class LF, Class LG, Class LH and LRR Uncertificated Interests.

“Lower-Tier
REMIC”: One of two (2) separate REMICs comprising a portion of the Trust Fund, which consist of the Mortgage Loans (exclusive
of Excess Interest) and the proceeds thereof, any REO Property with respect thereto (or an allocable portion thereof, in the case of any
Serviced Mortgage Loan), or the Trust’s beneficial interest in the REO Property with respect to a Non-Serviced Whole Loan, such
amounts as shall from time to time be held in the

    	 	-78-	 

    

    

applicable Collection Account (other than with
respect to any Companion Loan), the related portion of the REO Account, if any, the Interest Reserve Account, the Gain-on-Sale
Reserve Account, the Retained Certificate Gain-on-Sale Reserve Account, the Lower-Tier REMIC Distribution Account, and all
other properties included in the Trust Fund that are not in the other Trust REMIC or the Grantor Trust, except for the Loss of Value Reserve
Fund.

“Lower-Tier
REMIC Distribution Account”: The segregated account, accounts or sub-accounts created and maintained by the Certificate
Administrator (on behalf of the Trustee) pursuant to Section 3.04(b) in trust for the Certificateholders, which shall initially
be entitled “Computershare Trust Company, National Association, as Certificate Administrator, on behalf of Wilmington Trust, National
Association, as Trustee, for the benefit of the registered holders of BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates,
Series 2022-BNK41, Lower-Tier REMIC Distribution Account”. Any such account, accounts or sub-accounts shall be an Eligible Account.

“LRR Uncertificated
Interest”: An uncertificated regular interest in the Lower-Tier REMIC which is held as an asset of the Upper-Tier REMIC
and having the Original Lower-Tier Principal Amount and per annum rate of interest set forth in the Preliminary Statement hereto.

“LTV Ratio”:
With respect to any Mortgage Loan, as of any date of determination, a fraction, expressed as a percentage, the numerator of which is the
scheduled principal balance of such Mortgage Loan, as of such date (assuming no defaults or prepayments on such Mortgage Loan prior to
that date), and the denominator of which is the Appraised Value of the related Mortgaged Property.

“MAI”:
Member of the Appraisal Institute.

“Major Decision”:
As defined in Section 6.08(a).

“Master Servicer”:
With respect to (a) any Mortgage Loan (other than an NCB Mortgage Loan) and any related Serviced Companion Loan, any REO Property acquired
by the Trust with respect to a Mortgage Loan (other than an NCB Mortgage Loan) and any matters relating to the foregoing, the General
Master Servicer and (b) any NCB Mortgage Loan, any REO Property acquired by the Trust with respect to an NCB Mortgage Loan and any matters
relating to the foregoing, the NCB Master Servicer.

“Master Servicer
Decision”: As defined in Section 3.18(m).

“Material Defect”:
With respect to any Mortgage Loan, a Defect in any Mortgage File or a Breach, which Defect or Breach, as the case may be, materially and
adversely affects the value of such Mortgage Loan, the value of the related Mortgaged Property or the interests of the Trustee or any
Certificateholder therein or causes such Mortgage Loan to be other than a “qualified mortgage” within the meaning of Section
860G(a)(3) of the Code, but without regard to the rule of Treasury Regulations Section 1.860G-2(f)(2) that causes a defective obligation
to be treated as a “qualified mortgage”.

“Maturity Date”:
With respect to any Mortgage Loan, Whole Loan or Companion Loan, as of any date of determination, the date on which the last payment of
principal is due and

    	 	-79-	 

    

    

payable under the related Mortgage Note, after
taking into account all Principal Prepayments received prior to such date of determination, but without giving effect to (i) any
acceleration of the principal of such Mortgage Loan, Whole Loan or Companion Loan by reason of default thereunder or (ii) any Grace
Period permitted by the related Mortgage Note.

“Mediation Rules”:
As defined in Section 2.03(m)(i).

“Mediation Services
Provider”: As defined in Section 2.03(m)(i).

“Merger Notice”:
As defined in Section 6.03(b).

“Modification Fees”:
With respect to any Serviced Mortgage Loan or Serviced Whole Loan, any and all fees with respect to a modification, extension, waiver
or amendment that modifies, extends, amends or waives any term of the Mortgage Loan documents and/or related Serviced Whole Loan documents
(as evidenced by a signed writing) agreed to by the applicable Master Servicer or the applicable Special Servicer, as applicable (other
than all assumption fees, assumption application fees, consent fees, defeasance fees, Special Servicing Fees, Liquidation Fees or Workout
Fees).

“Moody’s”:
Moody’s Investors Service, Inc., and its successors in interest. If neither Moody’s nor any successor remains in existence,
“Moody’s” shall be deemed to refer to such other NRSRO or other comparable Person reasonably designated by the Depositor,
notice of which designation shall be given to the Trustee, the Certificate Administrator, each Master Servicer, the Directing Certificateholder
and each Special Servicer, and specific ratings of Moody’s herein referenced shall be deemed to refer to the equivalent ratings
of the party so designated.

“Mortgage”:
With respect to any Mortgage Loan or Companion Loan, the mortgage(s), deed(s) of trust or other instrument(s) securing the related Mortgage
Note and creating a first mortgage lien on the fee and/or leasehold interest in the related Mortgaged Property.

“Mortgage File”:
With respect to each Mortgage Loan or Companion Loan, if applicable, but subject to Section 2.01, collectively the following
documents:

(i)               
the original Mortgage Note, endorsed on its face or by allonge to the Mortgage Note, without recourse, to “Pay to the order
of Wilmington Trust, National Association, as Trustee for the benefit of the registered holders of BANK 2022-BNK41, Commercial Mortgage
Pass-Through Certificates, Series 2022-BNK41, without recourse, representation or warranty” or in blank and further showing a complete,
unbroken chain of endorsement from the originator (or, if the original Mortgage Note has been lost, an affidavit to such effect from the
applicable Mortgage Loan Seller or another prior holder, together with a copy of the Mortgage Note and an indemnity properly assigned
and endorsed to the Trustee);

(ii)               the
original or a copy of the Mortgage, together with an original or copy of any intervening Assignments of Mortgage, in each case with evidence
of recording indicated thereon or certified to have been submitted for recording (or a copy provided by the applicable recording office
if a certified copy cannot be

    	 	-80-	 

    

    

provided by such office, provided that
the Custodian is not required to investigate whether the recording office cannot provide a certified copy);

(iii)             an
original Assignment of Mortgage in blank or in favor of “Wilmington Trust, National Association, as trustee for the benefit of
the registered holders of BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41” (or in the case of
any Serviced Whole Loan, in its capacity as “Lead Securitization Note Holder” or similar capacity under the related Intercreditor
Agreement on behalf of the related Serviced Companion Noteholders) and (subject to the completion of certain missing recording information
and, if applicable, the assignee’s name) in recordable form (or, if the related Mortgage Loan Seller is responsible for the recordation
of that Assignment of Mortgage, a copy thereof certified to be the copy of such Assignment of Mortgage submitted or to be submitted for
recording);

(iv)             the
original or a copy of any related Assignment of Leases and of any intervening Assignments (if such item is a document separate from the
Mortgage), with evidence of recording indicated thereon or certified to have been submitted for recording (or a copy provided by the
applicable recording office if a certified copy cannot be provided by such office, provided that the Custodian is not required to investigate
whether the recording office cannot provide a certified copy);

(v)              an
original or a copy of each Assignment of any related Assignment of Leases (if such item is a document separate from the Mortgage) in
blank or in favor of “Wilmington Trust, National Association, as trustee for the benefit of the registered holders of BANK 2022-BNK41,
Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41” (or in the case of any Serviced Whole Loan, in its capacity as
“Lead Securitization Note Holder” or similar capacity under the related Intercreditor Agreement on behalf of the related
Serviced Companion Noteholders) and (subject to the completion of certain missing recording information and, if applicable, the assignee’s
name) in recordable form (or, if the related Mortgage Loan Seller is responsible for the recordation of that Assignment, a copy thereof
certified to be the copy of such Assignment submitted or to be submitted for recording);

(vi)             the
original assignment of all unrecorded documents relating to the Mortgage Loan or a Serviced Whole Loan, if not already assigned pursuant
to clause (iii) or clause (v) above;

(vii)           originals
or copies of all modification, consolidation, assumption, written assurance and substitution agreements in those instances in which the
terms or provisions of the Mortgage or Mortgage Note have been modified or the Mortgage Loan has been assumed or consolidated;

(viii)          the
original or a copy of the policy or certificate of lender’s title insurance (which may be in electronic form) issued in connection
with the

    	 	-81-	 

    

    

origination of such Mortgage Loan, or,
if such policy has not been issued or located, an irrevocable, binding commitment (which may be a marked version of the policy that has
been executed by an authorized representative of the title company or an agreement to provide the same pursuant to binding escrow instructions
executed by an authorized representative of the title company) to issue such title insurance policy;

(ix)              any
filed copies (bearing evidence of filing) or evidence of filing of any Uniform Commercial Code financing statements, related amendments
and continuation statements in the possession of the applicable Mortgage Loan Seller;

(x)              
an original Assignment in favor of the Trustee of any financing statement executed and filed in favor of the applicable Mortgage
Loan Seller or an affiliate thereof in the relevant jurisdiction (or, if the related Mortgage Loan Seller is responsible for the filing
of that Assignment, a copy thereof certified to be the copy of such Assignment submitted or to be submitted for recording);

(xi)              the
original or a copy of any intercreditor agreement relating to existing debt of the borrower, including any Intercreditor Agreement relating
to a Serviced Whole Loan, if applicable;

(xii)             the
original or copies of any loan agreement, escrow agreement, security agreement relating to such Mortgage Loan or Serviced Whole Loan,
as well as the original of each letter of credit, if any, constituting additional collateral for such Mortgage Loan, which letter of
credit shall either (A)(x) in the case of the Mortgage Loans other than the NCB Mortgage Loans, name as beneficiary “Wells Fargo
Bank, National Association, as General Master Servicer, on behalf of Wilmington Trust, National Association, as Trustee, for the benefit
of registered holders of BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41” or (y) in the case
of the NCB Mortgage Loans, name as beneficiary “National Cooperative Bank, N.A., as NCB Master Servicer, on behalf of Wilmington
Trust, National Association, as Trustee, for the benefit of registered holders of BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates,
Series 2022-BNK41” or (B) be accompanied by all documentation necessary in order to transfer all rights of the named beneficiary
in such letter of credit to the applicable Master Servicer on behalf of the Trustee and to receive, after presentment by the applicable
Master Servicer (in accordance with Section 3.01(f)) to the bank issuing such letter of credit, a reissued letter of credit
in the name of the applicable Master Servicer on behalf of the Trustee;

(xiii)           the
original or a copy of any ground lease, ground lessor estoppel, environmental insurance policy, environmental indemnity or guaranty relating
to such Mortgage Loan or Serviced Whole Loan;

(xiv)           other
than with respect to the Mortgage Loans secured by residential cooperative properties, the original or a copy of any property management
agreement relating to such Mortgage Loan or Serviced Whole Loan;

    	 	-82-	 

    

    

(xv)            the original or a copy of any franchise agreements and comfort letters or similar agreements relating to such Mortgage Loan or
Serviced Whole Loan and, with respect to any franchise agreement, comfort letter or similar agreement, any assignment of such agreements
or any notice to the franchisor of the transfer of such Mortgage Loan or Serviced Whole Loan and/or request for the issuance of a new
comfort letter in favor of the Trustee, in each case, as applicable;

(xvi)           the
original or a copy of any lock-box or cash management agreement relating to a Mortgage Loan or a Serviced Whole Loan;

(xvii)         the
original or a copy of any related mezzanine intercreditor agreement; and

(xviii)        the
original or a copy of all related environmental insurance policies;

provided, however, that (a) whenever
the term “Mortgage File” is used to refer to documents held by the Custodian, such term shall not be deemed to include such
documents and instruments required to be included therein unless they are actually received by the Custodian, (b) if there exists
with respect to any Crossed Mortgage Loan Group only one original or certified copy of any document referred to in the definition of “Mortgage
File” covering all of the Mortgage Loans in such Crossed Mortgage Loan Group, then the inclusion of such original or certified copy
in the Mortgage File for any of the Mortgage Loans constituting such Crossed Mortgage Loan Group shall be deemed the inclusion of such
original or certified copy in the Mortgage File for each such Mortgage Loan, (c) to the extent that this Agreement refers to a “Mortgage
File” for a Companion Loan, such “Mortgage File” shall be construed to mean the Mortgage File for the related Mortgage
Loan (except that references to the Mortgage Note for a Companion Loan otherwise described above shall be construed to instead refer to
a photocopy of such Mortgage Note), (d) with respect to any Mortgage Loan that has a Serviced Companion Loan, the execution and/or
recordation of any Assignment in the name of the Trustee shall not be construed to limit the beneficial interest of the related Companion
Holder(s) in such instrument and the benefits intended to be provided to them by such instrument, it being acknowledged that (I) the
Trustee shall hold such record title for the benefit of the Trust as the holder of the related Mortgage Loan and the related Companion
Holder(s) collectively and (II) any efforts undertaken by the Trustee, the applicable Master Servicer, or the applicable Special
Servicer on its behalf to enforce or obtain the benefits of such instrument shall be construed to be so undertaken by the Trustee, the
applicable Master Servicer or the applicable Special Servicer for the benefit of the Trust as the holder of the applicable Mortgage Loan
and the related Companion Holder(s) collectively, (e) in connection with any Non-Serviced Mortgage Loan, the preceding document delivery
requirements will be met by the delivery by the applicable Mortgage Loan Seller of copies of the documents specified above (other than
the Mortgage Note and intervening endorsements evidencing such Mortgage Loan, with respect to which the original shall be required or
the requirements of clause (i) of the definition of “Mortgage File” shall otherwise be satisfied) including a
copy of the Mortgage securing the applicable Mortgage Loan and any assignments or other transfer documents referred to in clauses (iii),
(v), (vi), (vii), (ix) and (x) above as being in favor of the Trustee shall instead be in favor of
the applicable Non-Serviced Trustee and need only be in such form as was delivered to the applicable Non-Serviced Trustee or a custodian
on its behalf, and (f) so long as the Custodian is also the Non-Serviced Custodian, in connection with any Non-Serviced Mortgage
Loan, any and

    	 	-83-	 

    

    

all document delivery requirements with respect
to the related Mortgage File (or any portion thereof) set forth herein or in the related Mortgage Loan Purchase Agreement will be satisfied
by the delivery, in compliance with the terms of the related Non-Serviced PSA, by the applicable Mortgage Loan Seller of the documents
specified above (other than the Mortgage Note and intervening endorsements evidencing such Mortgage Loan or shall otherwise satisfy the
requirements of clause (i) of the definition of “Mortgage File”) to the custodian under the related Non-Serviced
PSA (in such form as was delivered to the custodian under the related Non-Serviced PSA); provided that (a) the Custodian shall
perform its duties under this Agreement (including, without limitation, Article II), and be liable to the other parties hereto,
with respect to such Non-Serviced Mortgage Loan as if such documents were required to be delivered and included in the Mortgage File and
as if the Non-Serviced Custodian’s receipt of the documents contained in the related “mortgage file” delivered under
the related Non-Serviced PSA constituted delivery of those same documents to the Custodian under this Agreement, (b) the Custodian shall
not resign as the related Non-Serviced Custodian without giving at least thirty (30) days’ advance written notice of resignation
to each other party hereto, and (c) if for any reason the Custodian shall resign as Custodian hereunder or resign as the related Non-Serviced
Custodian or shall otherwise no longer act as Custodian hereunder or as the related Non-Serviced Custodian or shall otherwise be required
to surrender possession of the related “mortgage file” delivered under the related Non-Serviced PSA (including by reason of
the Non-Serviced Companion Loan being removed from the related securitization trust), the Custodian shall include the documents contemplated
by clauses (ii) through (xviii) above in the Mortgage File for such Non-Serviced Whole Loan (to the extent such documents
were delivered in connection with the related Other Securitization) that shall be maintained by it or any successor custodian hereunder.

Notwithstanding anything
to the contrary contained herein, with respect to a Joint Mortgage Loan, delivery of the Mortgage File (other than with respect to the
original Mortgage Note and the other documents referenced in clause (i) of the definition of “Mortgage File” held by or from
the related Mortgage Loan Seller) by either of the applicable Mortgage Loan Sellers shall satisfy the delivery requirements for both of
the applicable Mortgage Loan Sellers.

“Mortgage Loan”:
Each of the mortgage loans (which, for the avoidance of doubt, includes each Crossed Mortgage Loan Group, each of which, for the purposes
of this Agreement, shall be treated as one Mortgage Loan, provided that each individual Crossed Underlying Loan within any such Crossed
Mortgage Loan Group shall not be included in this definition of Mortgage Loan) transferred and assigned to the Trustee pursuant to Section 2.01
and to be held by the Trust. As used herein, the term “Mortgage Loan” includes the related Mortgage Note, Mortgage and other
documents contained in the related Mortgage File and any related agreements. The term “Mortgage Loan” shall, as of any date
of determination, include any Qualified Substitute Mortgage Loan that has replaced a Mortgage Loan pursuant to Section 2.03
and exclude any such replaced Mortgage Loan.

“Mortgage Loan Purchase
Agreement”: Each agreement between the Depositor and each Mortgage Loan Seller, relating to the transfer of all of such Mortgage
Loan Seller’s right, title and interest in and to the related Mortgage Loans.

“Mortgage Loan Schedule”:
The list of Mortgage Loans transferred on the Closing Date to the Trustee as part of the Trust Fund, attached hereto as Exhibit B,
as any such schedule

    	 	-84-	 

    

    

may be amended from time to time in connection
with a substitution under Section 2.03 and in accordance with the relevant Mortgage Loan Purchase Agreement, and which list
sets forth the following information with respect to each Mortgage Loan so transferred:

(i)               
the loan identification number;

(ii)              
the name of the related Mortgage Loan Seller;

(iii)              the
name of the related Mortgaged Property;

(iv)              the
Cut-off Date Balance;

(v)              
the street address, city and state of the related Mortgaged Property;

(vi)              the
date of the related Mortgage Note;

(vii)            the
Maturity Date or Anticipated Repayment Date;

(viii)           the
Mortgage Rate;

(ix)               the
original term to stated maturity or anticipated repayment date;

(x)              
the remaining term to stated maturity or anticipated repayment date;

(xi)              the
original amortization term;

(xii)             whether
the Mortgage Loan is an ARD Loan;

(xiii)           the
applicable Servicing Fee Rate; and

(xiv)           the
applicable Non-Serviced Primary Servicing Fee Rate (if any).

“Mortgage Loan Seller”:
Each of (i) Morgan Stanley Mortgage Capital Holdings LLC, a New York limited liability company, or its successor in interest,
(ii) Bank of America, National Association, a national banking association, or its successor in interest, (iii) Wells Fargo Bank, National
Association, a national banking association, or its successor in interest, and (iv) National Cooperative Bank, N.A., a national banking
association, or its successor in interest.

“Mortgage Loan Seller
Percentage Interest”: With respect to a Joint Mortgage Loan and each applicable Mortgage Loan Seller with respect thereto, a
fraction, expressed as a percentage, the numerator of which is equal to the aggregate Cut-off Date principal balance of the promissory
notes contributed by such Mortgage Loan Seller to this securitization, and the denominator of which is equal to the Cut-off Date principal
balance of such Joint Mortgage Loan.

“Mortgage Note”:
The original executed promissory note(s) evidencing the indebtedness of a Mortgagor under a Mortgage Loan or Companion Loan, as the case
may be, together with any rider, addendum or amendment thereto, or any renewal, substitution or replacement thereof.

    	 	-85-	 

    

    

“Mortgage Rate”:
With respect to: (i) any Mortgage Loan (including the Non-Serviced Mortgage Loans) or related Companion Loan on or prior to its
Maturity Date, the annual rate at which interest is scheduled (in the absence of a default) to accrue on such Mortgage Loan or related
Companion Loan from time to time in accordance with the related Mortgage Note and applicable law, without giving effect to any default
rate or Revised Rate; or (ii) any Mortgage Loan or related Companion Loan after its Maturity Date, the annual rate described in clause (i)
above determined without regard to the passage of such Maturity Date. For the avoidance of doubt, the Mortgage Rate of any ARD Loan shall
not be construed to include the related Excess Rate.

“Mortgaged Property”:
The real property subject to the lien of a Mortgage.

“Mortgagor”:
The obligor or obligors on a Mortgage Note, including without limitation, any Person that has acquired the related Mortgaged Property
and assumed the obligations of the original obligor under the Mortgage Note and including in connection with any Mortgage Loan that utilizes
an indemnity deed of trust structure, the borrower and the Mortgaged Property owner/payment guarantor/mortgagor individually and collectively,
as the context may require.

“MSC 2022-L8 PSA”:
The pooling and servicing agreement, dated as of April 1, 2022, between Morgan Stanley Capital I Inc., as depositor, Midland Loan Services,
a Division of PNC Bank, National Association, as master servicer, LNR Partners, LLC, as special servicer, Computershare Trust Company,
National Association, as certificate administrator, Wilmington Trust, National Association, as trustee, and Park Bridge Lender Services
LLC, as operating advisor and as asset representations reviewer, as from time to time amended, supplemented or modified.

“NCB”:
National Cooperative Bank, N.A., a national banking association, or its successor in interest.

“NCB Co-op Mortgage
Loan”: Any NCB Mortgage Loan.

“NCB CREFC®
Schedule AL File”: Any CREFC® Schedule AL File prepared by NCB with respect to the NCB Mortgage Loans.

“NCB Master Servicer”:
NCB, and its successors in interest and assigns, or any successor thereto (as NCB Master Servicer) appointed as provided herein.

“NCB Mortgage Loans”:
Those Mortgage Loans sold to the Depositor pursuant to the related Mortgage Loan Purchase Agreement by NCB and indicated as an NCB Mortgage
Loan on the Mortgage Loan Schedule.

“NCB Schedule AL
Additional File”: Any Schedule AL Additional File prepared by NCB with respect to the NCB Mortgage Loans.

“NCB Special Servicer”:
NCB, and its successors in interest and assigns, or any successor special servicer appointed as provided herein (including with respect
to any Excluded Special Servicer Loan, if any, the related Excluded Special Servicer appointed pursuant to Section 7.01(g) of this Agreement,
as applicable and as the context may require) (as NCB Special Servicer).

    	 	-86-	 

    

    

“NCB Subordinate
Debt Conditions”: With respect to an NCB Co-op Mortgage Loan and any encumbrance of the related Mortgaged Property with a subordinate
mortgage, the following conditions: (i) each of the subordinate mortgage loans, or the sole subordinate mortgage loan, to be secured by
such subordinate mortgage is made by NCB or any Affiliate thereof (ii) such subordinate mortgage is expressly made in compliance with
the underwriting standards which NCB customarily employs in connection with making subordinate mortgages for its own mortgage loan portfolio,
(iii) the aggregate outstanding principal balance of the NCB Co-op Mortgage Loan, any other existing loans secured by a mortgage then
encumbering the related Mortgaged Property and the proposed new subordinate mortgage loan shall not exceed 40% of the Appraised Value
of the related Mortgaged Property, (iv) NCB or any Affiliate thereof that originates the subordinate mortgage loan, executes and delivers
to the Trustee for inclusion in the Mortgage File an intercreditor agreement and subordination agreement with respect to such subordinate
mortgage in substantially the form of Exhibit SS hereto or in such other form as shall be acceptable to the NCB Special Servicer and,
unless a Control Termination Event has occurred and is continuing, the Directing Certificateholder (other than with respect to an Excluded
Loan as to such party) (provided that the Trustee shall have no responsibility for determining the sufficiency or validity thereof), (v)
if the subordinate mortgage loan will not be a fully amortizing loan, the stated maturity date of the subordinate mortgage loan shall
be no earlier than the maturity date of the related NCB Co-op Mortgage Loan, (vi) the subordinate mortgage loan is made principally for
the purpose of funding capital expenditures, major repairs or reserves at or with respect to the Mortgaged Property in question, (vii)
NCB or any Affiliate thereof that originates the subordinate mortgage loan receives borrower legal opinions as to authority and enforceability
customarily required of borrowers in connection with the origination of similar mortgage loans; and (viii) the aggregate amount of subordinate
debt encumbering the Mortgaged Property in question (including the proposed new subordinate mortgage debt and any other existing loans
secured by a mortgage then encumbering the related Mortgaged Property, but excluding the Mortgage Loan in question) does not exceed $7,500,000.

“Net Investment
Earnings”: With respect to each applicable Collection Account, the Servicing Accounts or the REO Accounts or the Companion Distribution
Account for any period from any Distribution Date to the immediately succeeding P&I Advance Date, the amount, if any, by which the
aggregate of all interest and other income realized during such period on funds relating to the Trust held in such account, exceeds the
aggregate of all losses, if any, incurred during such period in connection with the investment of such funds in accordance with Section 3.06.

“Net Investment
Loss”: With respect to each applicable Collection Account, the Servicing Accounts or the REO Accounts or the Companion Distribution
Account for any period from any Distribution Date to the immediately succeeding P&I Advance Date, the amount by which the aggregate
of all losses, if any, incurred during such period in connection with the investment of funds relating to the Trust held in such account
in accordance with Section 3.06, exceeds the aggregate of all interest and other income realized during such period on such
funds.

“Net Mortgage Rate”:
With respect to each Mortgage Loan (including a Non-Serviced Mortgage Loan) and any REO Loan (other than the portion of an REO Loan related
to any Companion Loan) as of any date of determination, a rate per annum equal to the related Mortgage Rate then in effect (without
regard to any increase in the interest rate of any ARD Loan

    	 	-87-	 

    

    

after its respective Anticipated Repayment
Date), minus the related Administrative Fee Rate; provided, however, that for purposes of calculating Pass-Through
Rates, the Net Mortgage Rate for any Mortgage Loan will be determined without regard to any modification, waiver or amendment of the terms
of the related Mortgage Loan, whether agreed to by the applicable Master Servicer, the applicable Special Servicer, a related Non-Serviced
Master Servicer or a related Non-Serviced Special Servicer or resulting from a bankruptcy, insolvency or similar proceeding involving
the related Mortgagor; provided, further, that for any Mortgage Loan that does not accrue interest on the basis of a 360-day
year consisting of twelve (12) 30-day months, then, solely for purposes of calculating Pass-Through Rates and the Weighted Average
Net Mortgage Rate, the Net Mortgage Rate of such Mortgage Loan or for any one month period preceding a related Due Date will be the annualized
rate at which interest would have to accrue in respect of such Mortgage Loan on the basis of a 360-day year consisting of twelve (12)
30-day months in order to produce the aggregate amount of interest actually accrued in respect of such Mortgage Loan during such one month
period at the related Net Mortgage Rate; provided, further, that, with respect to each Actual/360 Mortgage Loan, the Net
Mortgage Rate for the one month period (A) preceding the Due Dates that occur in January and February in any year which is not a
leap year or preceding the Due Date that occurs in February in any year which is a leap year (in either case, unless the related Distribution
Date is the final Distribution Date), will be determined exclusive of any Withheld Amounts, and (B) preceding the Due Date in March
(or February, if the related Distribution Date is the final Distribution Date), will be determined inclusive of the amounts withheld in
the immediately preceding January and February, if applicable. With respect to any REO Loan (but excluding any related Companion Loan),
the Net Mortgage Rate shall be calculated as described above, determined as if the predecessor Mortgage Loan had remained outstanding.

“Net Operating Income”:
With respect to any Mortgaged Property, for any Mortgagor’s fiscal year end, Net Operating Income will be calculated in accordance
with the standard definition of “Net Operating Income” approved from time to time endorsed and put forth by the CREFC®.

“New Lease”:
Any lease of REO Property entered into at the direction of the applicable Special Servicer on behalf of the Trust, including any lease
renewed, modified or extended on behalf of the Trust, if the Trust has the right to renegotiate the terms of such lease.

“Non-Book Entry
Certificates”: As defined in Section 5.02(c).

“Nonrecoverable
Advance”: Any Nonrecoverable P&I Advance or Nonrecoverable Servicing Advance. For the avoidance of doubt, Workout-Delayed
Reimbursement Amounts shall constitute Nonrecoverable Advances only when the Person making such determination in accordance with the procedures
specified herein, and taking into account factors such as all other outstanding Advances, either (a) has determined that such Workout-Delayed
Reimbursement Amounts, would not ultimately be recoverable from Late Collections, Default Interest, Insurance and Condemnation Proceeds,
Liquidation Proceeds or any other recovery on or in respect of such Mortgage Loan or the related REO Property (without giving effect to
potential recoveries on deficiency judgments or recoveries from guarantors), or (b) has determined that such Workout-Delayed Reimbursement
Amount, along with any other Workout-Delayed Reimbursement Amounts (that have not been reimbursed to the party that made such

    	 	-88-	 

    

    

Advance) or unreimbursed Nonrecoverable Advances,
would not be ultimately recoverable from the principal portion of future general collections on the Mortgage Loans and REO Properties.

“Nonrecoverable
P&I Advance”: Any P&I Advance previously made or proposed to be made in respect of a Mortgage Loan (including any Non-Serviced
Mortgage Loan) or REO Loan (other than any portion of an REO Loan related to a Companion Loan) which the Trustee determines in its good
faith business judgment or the applicable Master Servicer or the applicable Special Servicer determines in accordance with the Servicing
Standard, will not be ultimately recoverable, together with any accrued and unpaid interest thereon at the Reimbursement Rate, from Late
Collections or any other recovery on or in respect of such Mortgage Loan or REO Loan (but excluding any related Companion Loan); provided,
however, that the applicable Special Servicer may, at its option, make a determination in accordance with the Servicing Standard,
that any P&I Advance previously made or proposed to be made is a Nonrecoverable P&I Advance and shall deliver to the applicable
Master Servicer (and with respect to a Serviced Mortgage Loan, to any Other Servicer, and with respect to a Non-Serviced Mortgage
Loan, to the related Non-Serviced Master Servicer and Non-Serviced Special Servicer), the Certificate Administrator, the Trustee,
the Operating Advisor and the 17g-5 Information Provider notice of such determination. Any such determination (other than by the applicable
Special Servicer) shall not be binding upon (but may be conclusively relied upon by) the applicable Master Servicer and the Trustee, and
any such determination by the applicable Special Servicer shall be conclusive and binding upon the applicable Master Servicer and the
Trustee (but this statement shall not be construed to entitle the applicable Special Servicer to reverse the determination of the applicable
Master Servicer or the Trustee or to prohibit the applicable Master Servicer or the Trustee from making a determination that a P&I
Advance would be a Nonrecoverable Advance), provided, however, that such Special Servicer shall have no such obligation
to make an affirmative determination that any P&I Advance is or would be recoverable and in the absence of a determination by such
Special Servicer that such P&I Advance is or would be a Nonrecoverable P&I Advance, such decision shall remain with the applicable
Master Servicer or Trustee, as applicable. If a Special Servicer makes a determination that only a portion, and not all, of any previously
made or proposed P&I Advance is a Nonrecoverable P&I Advance, the applicable Master Servicer and the Trustee shall have the right
to make its own subsequent determination that any remaining portion of any such previously made or proposed P&I Advance is a Nonrecoverable
P&I Advance. With respect to any Non-Serviced Whole Loan, if any Non-Serviced Master Servicer, Non-Serviced Trustee or Non-Serviced
Special Servicer, as applicable, in connection with a securitization of the related Non-Serviced Companion Loan determines that a principal
and interest advance with respect to the related Non-Serviced Companion Loan, if made, would be nonrecoverable, such determination shall
not be binding on the applicable Master Servicer and the Trustee as it relates to any proposed P&I Advance with respect to the related
Non-Serviced Mortgage Loan. Similarly, with respect to the related Non-Serviced Mortgage Loan, if the applicable Master Servicer, the
applicable Special Servicer or the Trustee, as applicable, determines that any P&I Advance with respect to a related Non-Serviced
Mortgage Loan, if made, would be a Nonrecoverable P&I Advance, such determination shall not be binding on the related Non-Serviced
Master Servicer and related Non-Serviced Trustee as it relates to any proposed P&I Advance with respect to the related Non-Serviced
Companion Loan (unless the related Non-Serviced PSA provides otherwise). In making such recoverability determination, the applicable Master
Servicer, the applicable Special Servicer or the Trustee, as applicable, will be entitled (a) to consider (among other things) (i) the
obligations of the Mortgagor under the terms of the related

    	 	-89-	 

    

    

Mortgage Loan or Companion Loan, as applicable,
as it may have been modified and (ii) the related Mortgaged Properties in their “as-is” or then-current conditions
and occupancies, as modified by such party’s assumptions (consistent with the Servicing Standard in the case of the applicable Master
Servicer or the applicable Special Servicer or in its good faith business judgment in the case of the Trustee, solely in its capacity
as Trustee) regarding the possibility and effects of future adverse changes with respect to such Mortgaged Properties, (b) to estimate
and consider (consistent with the Servicing Standard in the case of the applicable Master Servicer and the applicable Special Servicer
or in its good faith business judgment in the case of the Trustee, solely in its capacity as Trustee) (among other things) future expenses,
(c) to estimate and consider (consistent with the Servicing Standard in the case of the applicable Master Servicer and the applicable
Special Servicer or in its good faith business judgment in the case of the Trustee, solely in its capacity as Trustee) (among other things)
the timing of recoveries and (d) to give due regard to the existence of any Nonrecoverable Advances which, at the time of such consideration,
the recovery of which are being deferred or delayed by the applicable Master Servicer, in light of the fact that related proceeds are
a source of recovery not only for the Advance under consideration but also a potential source of recovery for such delayed or deferred
Advance. In addition, any Person, in considering whether a P&I Advance is a Nonrecoverable Advance, will be entitled to give due regard
to the existence of any outstanding Nonrecoverable Advance or Workout-Delayed Reimbursement Amount with respect to other Mortgage
Loans, the reimbursement of which, at the time of such consideration, is being deferred or delayed by a Master Servicer or the Trustee
because there is insufficient principal available for such recovery, in light of the fact that proceeds on the related Mortgage Loan are
a source of recovery not only for the P&I Advance under consideration, but also as a potential source of reimbursement of such Nonrecoverable
Advance or Workout-Delayed Reimbursement Amounts which are or may be being deferred or delayed. In addition, any such Person may update
or change its recoverability determinations at any time (but not reverse any other Person’s determination that an Advance is a Nonrecoverable
Advance) and, consistent with the Servicing Standard, in the case of the applicable Master Servicer or in its good faith business judgment
in the case of the Trustee (solely in its capacity as Trustee), may obtain at the expense of the Trust any reasonably required analysis,
Appraisals or market value estimates or other information for making a recoverability determination. Absent bad faith, the applicable
Master Servicer’s, the applicable Special Servicer’s or the Trustee’s determination as to the recoverability of any
P&I Advance shall be conclusive and binding on the Certificateholders. The determination by the applicable Master Servicer, the applicable
Special Servicer or the Trustee, as the case may be, that a Nonrecoverable P&I Advance has been made or that any proposed P&I
Advance, if made, would constitute a Nonrecoverable P&I Advance, or any updated or changed recoverability determination, shall be
evidenced by an Officer’s Certificate delivered by either the applicable Special Servicer or the applicable Master Servicer to the
other and to the Trustee, the Certificate Administrator and the Directing Certificateholder (but in the case of the Directing Certificateholder,
only prior to the occurrence and continuance of a Consultation Termination Event and only with respect to any Mortgage Loan other than
an Excluded Loan as to such party) (and in the case of a Serviced Mortgage Loan, any Other Servicer), the Operating Advisor (but only
in the case of a Special Servicer) and the Depositor, or by the Trustee to the Depositor, the applicable Master Servicer, the applicable
Special Servicer, the Operating Advisor and the Certificate Administrator (and, in the case of a Serviced Mortgage Loan, any Other Servicer).
The Officer’s Certificate shall set forth such determination of nonrecoverability and the considerations of the applicable Master
Servicer, the applicable Special Servicer or the Trustee, as applicable,

    	 	-90-	 

    

    

forming the basis of such determination (which
shall be accompanied by, to the extent available, related income and expense statements, rent rolls (or, with respect to residential cooperative
properties, maintenance schedules), occupancy status, property inspections and any other information used by such Master Servicer, such
Special Servicer or the Trustee, as applicable, to make such determination and shall include any existing Appraisal of the related Mortgage
Loan or the related Mortgaged Property). The Trustee shall be entitled to conclusively rely on the applicable Master Servicer’s
or the applicable Special Servicer’s determination that a P&I Advance is or would be nonrecoverable, and each Master Servicer
and the Trustee shall be entitled to conclusively rely on and shall be bound by the applicable Special Servicer’s determination
that a P&I Advance is or would be nonrecoverable. In the case of a cross-collateralized Mortgage Loan (if any), such recoverability
determination shall take into account the cross-collateralization of the related cross-collateralized Mortgage Loan.

“Nonrecoverable
Servicing Advance”: Any Servicing Advance previously made or proposed to be made in respect of a Serviced Mortgage Loan, Serviced
Whole Loan or REO Property which the Trustee determines in its reasonable business judgment, or the applicable Master Servicer or applicable
Special Servicer determines in accordance with the Servicing Standard, as the case may be, will not be ultimately recoverable, together
with any accrued and unpaid interest thereon, at the Reimbursement Rate, from Late Collections or any other recovery on or in respect
of such Mortgage Loan, Serviced Whole Loan or REO Property. In making such recoverability determination, such Person will be entitled
(a) to consider (among other things) (i) the obligations of the Mortgagor under the terms of the related Mortgage Loan or Companion
Loan, as applicable, as it may have been modified and (ii) the related Mortgaged Properties in their “as-is” or then-current
conditions and occupancies, as modified by such party’s assumptions (consistent with the Servicing Standard in the case of the applicable
Master Servicer or the applicable Special Servicer or in its good faith business judgment in the case of the Trustee, solely in its capacity
as Trustee) regarding the possibility and effects of future adverse changes with respect to such Mortgaged Properties, (b) to estimate
and consider (consistent with the Servicing Standard in the case of the applicable Master Servicer or the applicable Special Servicer
or in its good faith business judgment in the case of the Trustee, solely in its capacity as Trustee) (among other things) future expenses,
(c) to estimate and consider (consistent with the Servicing Standard in the case of the applicable Master Servicer or the applicable
Special Servicer or in its good faith business judgment in the case of the Trustee, solely in its capacity as Trustee) (among other things)
the timing of recoveries and (d) to give due regard to the existence of any Nonrecoverable Advances which, at the time of such consideration,
the recovery of which are being deferred or delayed by the applicable Master Servicer or the Trustee because there is insufficient principal
available for such recovery, in light of the fact that related proceeds are a source of recovery not only for the Advance under consideration
but also a potential source of recovery for such delayed or deferred Advance. In addition, any Person, in considering whether a Servicing
Advance is a Nonrecoverable Servicing Advance, will be entitled to give due regard to the existence of any Nonrecoverable Advance or Workout-Delayed
Reimbursement Amounts with respect to other Mortgage Loans, the reimbursement of which, at the time of such consideration, is being deferred
or delayed by a Master Servicer, in light of the fact that proceeds on the related Mortgage Loan are a source of recovery not only for
the Servicing Advance under consideration, but also as a potential source of recovery of such Nonrecoverable Advance or Workout-Delayed
Reimbursement Amounts which are or may be being deferred or delayed. In addition, any such Person may update or change its recoverability
determinations at any time (but not reverse any

    	 	-91-	 

    

    

other Person’s determination that an
Advance is a Nonrecoverable Advance) and, consistent with the Servicing Standard, in the case of the applicable Master Servicer or in
its good faith business judgment in the case of the Trustee (solely in its capacity as Trustee), may obtain at the expense of the Trust
any reasonably required analysis, Appraisals or market value estimates or other information for making a recoverability determination.
Absent bad faith, the applicable Master Servicer’s, the applicable Special Servicer’s or the Trustee’s determination
as to the recoverability of any Servicing Advance shall be conclusive and binding on the Certificateholders. The determination by the
applicable Master Servicer, the applicable Special Servicer or the Trustee, as the case may be, that a Nonrecoverable Servicing Advance
has been made or that any proposed Servicing Advance, if made, would constitute a Nonrecoverable Servicing Advance, or any updated or
changed recoverability determination, shall be evidenced by an Officer’s Certificate delivered by either the applicable Special
Servicer or the applicable Master Servicer to the other and to the Trustee, the Certificate Administrator, the Directing Certificateholder
(but in the case of the Directing Certificateholder, only prior to the occurrence and continuance of a Consultation Termination Event
and only with respect to any Mortgage Loan other than an Excluded Loan as to such party) (and in the case of a Serviced Mortgage Loan,
any Other Servicer), the Operating Advisor (but only in the case of a Special Servicer) and the Depositor, or by the Trustee to the Depositor,
the applicable Master Servicer, the applicable Special Servicer, the Operating Advisor and the Certificate Administrator (and in the case
of a Serviced Mortgage Loan, any Other Servicer); provided, however, that the applicable Special Servicer may, at its option,
make a determination in accordance with the Servicing Standard, that any Servicing Advance previously made or proposed to be made is a
Nonrecoverable Servicing Advance and shall deliver to the applicable Master Servicer (and with respect to a Serviced Mortgage Loan, to
any Other Servicer), the Certificate Administrator, the Trustee, the Operating Advisor and the 17g-5 Information Provider notice of
such determination. Any such determination (other than by the applicable Special Servicer) shall not be binding upon (but may be conclusively
relied upon by) the applicable Master Servicer and the Trustee, and any such determination by the applicable Special Servicer shall be
binding upon the applicable Master Servicer and the Trustee (but this statement shall not be construed to entitle the applicable Special
Servicer to reverse the determination of the applicable Master Servicer or the Trustee or to prohibit the applicable Master Servicer or
the Trustee from making a determination that a Servicing Advance would be a Nonrecoverable Advance), provided, however,
that the applicable Special Servicer shall have no such obligation to make an affirmative determination that any Servicing Advance is
or would be recoverable and in the absence of a determination by the applicable Special Servicer that such Servicing Advance is or would
be a Nonrecoverable Servicing Advance, such decision shall remain with the applicable Master Servicer or the Trustee, as applicable. If
the applicable Special Servicer makes a determination that only a portion, and not all, of any previously made or proposed Servicing Advance
is a Nonrecoverable Servicing Advance, the applicable Master Servicer and the Trustee shall each have the right to make its own subsequent
determination that any remaining portion of any such previously made or proposed Servicing Advance is a Nonrecoverable Servicing Advance.
The Officer’s Certificate shall set forth such determination of nonrecoverability and the considerations of the applicable Master
Servicer, the applicable Special Servicer or the Trustee, as applicable, forming the basis of such determination (which shall be accompanied
by, to the extent available, related income and expense statements, rent rolls (or, with respect to residential cooperative properties,
maintenance schedules), occupancy status, property inspections and any other information used by such Master Servicer, such Special Servicer
or the Trustee, as applicable, to

    	 	-92-	 

    

    

make such determination and shall include any
existing Appraisal with respect to the related Mortgage Loan, Serviced Companion Loan or related Mortgaged Property). The applicable Special
Servicer shall promptly furnish any party required to make Servicing Advances hereunder with any information in its possession regarding
the Specially Serviced Loans and REO Properties as such party required to make Servicing Advances may reasonably request for purposes
of making recoverability determinations. The Trustee shall be entitled to conclusively rely on the applicable Master Servicer’s
or the applicable Special Servicer’s determination that a Servicing Advance is or would be nonrecoverable, and the applicable Master
Servicer shall be entitled to conclusively rely on the applicable Special Servicer’s determination that a Servicing Advance is or
would be nonrecoverable. Notwithstanding anything herein to the contrary, if the applicable Special Servicer requests that the applicable
Master Servicer make a Servicing Advance, such Master Servicer may conclusively rely on such request as evidence that such advance is
not a Nonrecoverable Servicing Advance; provided, however, that such Special Servicer shall not be entitled to make such
a request more frequently than once per calendar month with respect to Servicing Advances other than emergency advances (although such
request may relate to more than one Servicing Advance). In the case of a cross-collateralized Mortgage Loan (if any), such recoverability
determination shall take into account the cross-collateralization of the related cross-collateralized Mortgage Loan. The determination
as to the recoverability of any servicing advance or property protection advance previously made or proposed to be made in respect of
a Non-Serviced Whole Loan shall be made by the related Non-Serviced Master Servicer, Non-Serviced Special Servicer or Non-Serviced
Trustee, as the case may be, pursuant to the related Non-Serviced PSA.

“Non-Registered
Certificate”: Unless and until registered under the Securities Act, any Class X-D, Class X-F, Class X-G, Class X-H,
Class D, Class E, Class F, Class G, Class H, Class V or Class R Certificate or the RR Interest.

“Non-Retained Certificate”:
Any Senior Certificate or Subordinate Certificate.

“Non-Retained Percentage”:
An amount expressed as a percentage equal to 100% less the Required Credit Risk Retention Percentage. For the avoidance of doubt, at all
times, the sum of the Required Credit Risk Retention Percentage and the Non-Retained Percentage shall equal 100%.

“Non-Serviced Certificate
Administrator”: The “Certificate Administrator” under a Non-Serviced PSA.

“Non-Serviced Companion
Loan”: Each of the Non-Serviced Pari Passu Companion Loans and the Non-Serviced Subordinate Companion Loans.

“Non-Serviced Custodian”:
With respect to each Non-Serviced Whole Loan, the “Custodian” under the related Non-Serviced PSA.

“Non-Serviced Depositor”:
The “Depositor” under a Non-Serviced PSA.

“Non-Serviced Gain-on-Sale
Proceeds”: Any “gain-on-sale proceeds” received in respect of a Non-Serviced Mortgage Loan pursuant to the related
Non-Serviced PSA.

    	 	-93-	 

    

    

“Non-Serviced Indemnified
Parties”: As defined in Section 6.04(i).

“Non-Serviced Intercreditor
Agreement”: Each Intercreditor Agreement related to a Non-Serviced Whole Loan.

“Non-Serviced Master
Servicer”: The “Master Servicer” or “Servicer” under a Non-Serviced PSA.

“Non-Serviced Mortgage
Loan”: Each of the Constitution Center Mortgage Loan, the Life Science Office Portfolio Mortgage Loan, the 601 Lexington Avenue
Mortgage Loan, the UCI Research Park Phases 12 & 13 Mortgage Loan, the Shearer’s Industrial Portfolio Mortgage Loan, the Journal
Squared Tower 2 Mortgage Loan, the ExchangeRight Net Leased Portfolio #54 Mortgage Loan, the Silver Sands Premium Outlets Mortgage Loan
and the ILPT Logistics Portfolio Mortgage Loan.

“Non-Serviced Mortgaged
Property”: Each of the Constitution Center Mortgaged Property, the Life Science Office Portfolio Mortgaged Property, the 601
Lexington Avenue Mortgaged Property, the UCI Research Park Phases 12 & 13 Mortgaged Property, the Shearer’s Industrial Portfolio
Mortgaged Property, the Journal Squared Tower 2 Mortgaged Property, the ExchangeRight Net Leased Portfolio #54 Mortgaged Property, the
Silver Sands Premium Outlets Mortgaged Property and the ILPT Logistics Portfolio Mortgaged Property.

“Non-Serviced Operating
Advisor”: The “Operating Advisor” (or analogous term) (if any) under a Non-Serviced PSA.

“Non-Serviced Pari
Passu Companion Loan”: Each of the Constitution Center Pari Passu Companion Loans, the Life Science Office Portfolio Pari Passu
Companion Loans, the 601 Lexington Avenue Pari Passu Companion Loans, the UCI Research Park Phases 12 & 13 Pari Passu Companion Loans,
the Shearer’s Industrial Portfolio Pari Passu Companion Loans, the Journal Squared Tower 2 Pari Passu Companion Loans, the ExchangeRight
Net Leased Portfolio #54 Pari Passu Companion Loans, the Silver Sands Premium Outlets Pari Passu Companion Loans and the ILPT Logistics
Portfolio Pari Passu Companion Loans.

“Non-Serviced Paying
Agent”: The “Paying Agent” (or analogous term) under a Non-Serviced PSA.

“Non-Serviced Primary
Servicing Fee”: With respect to each Non-Serviced Mortgage Loan, the fee payable to the Non-Serviced Master Servicer pursuant
to the related Non-Serviced PSA.

“Non-Serviced Primary
Servicing Fee Rate”: With respect to (i) the Constitution Center Mortgage Loan, 0.00250% per annum, (ii) the Life Science
Office Portfolio Mortgage Loan, 0.00250% per annum, (iii) the 601 Lexington Avenue Mortgage Loan, 0.00500% per annum, (iv)
the UCI Research Park Phases 12 & 13 Mortgage Loan, 0.00250% per annum, (v) the Shearer’s Industrial Portfolio Mortgage
Loan, 0.00125% per annum, (vi) the Journal Squared Tower 2 Mortgage Loan, 0.00750% per annum, (vii) the ExchangeRight Net
Leased Portfolio #54 Mortgage Loan, 0.00250% per annum, (viii) the Silver Sands Premium Outlets Mortgage Loan, 0.00250% per
annum, and (ix) the ILPT Logistics Portfolio Mortgage Loan, 0.01375% per annum.

    	 	-94-	 

    

    

“Non-Serviced PSA”:
With respect to (i) the Constitution Center Mortgage Loan and the ExchangeRight Net Leased Portfolio #54 Mortgage Loan, the MSC 2022-L8
PSA, (ii) the Life Science Office Portfolio Mortgage Loan, the UCI Research Park Phases 12 & 13 Mortgage Loan and the Silver Sands
Premium Outlets Mortgage Loan, the BANK 2022-BNK40 PSA, (iii) the 601 Lexington Avenue Mortgage Loan, the BXP 2021-601L TSA, (iv) the
Shearer’s Industrial Portfolio Mortgage Loan, until the securitization of the related note A-1-1 Companion Loan, the BMARK 2022-B34
PSA, and after the securitization of the related note A-1-1 Companion Loan, the pooling and servicing agreement that creates the trust
whose assets include such note A-1-1 Companion Loan, (v) the Journal Squared Tower 2 Mortgage Loan, the WFCM 2022-JS2 TSA, and (vi) the
ILPT Logistics Portfolio Mortgage Loan, the ILPT 2022-LPFX TSA.

“Non-Serviced Special
Servicer”: The applicable “Special Servicer” of a Non-Serviced Whole Loan under a Non-Serviced PSA.

“Non-Serviced Subordinate
Companion Loan”: Each of the Constitution Center Subordinate Companion Loan, the 601 Lexington Avenue Subordinate Companion
Loans, the Journal Squared Tower 2 Companion Loan and the ILPT Logistics Portfolio Subordinate Companion Loans.

“Non-Serviced Trust”:
The “Trust” formed under a Non-Serviced PSA.

“Non-Serviced Trustee”:
The “Trustee” under a Non-Serviced PSA.

“Non-Serviced Whole
Loan”: Each of the Constitution Center Whole Loan, the Life Science Office Portfolio Whole Loan, the 601 Lexington Avenue Whole
Loan, the UCI Research Park Phases 12 & 13 Whole Loan, the Shearer’s Industrial Portfolio Whole Loan, the Journal Squared Tower
2 Whole Loan, the ExchangeRight Net Leased Portfolio #54 Whole Loan, the Silver Sands Premium Outlets Whole Loan and the ILPT Logistics
Portfolio Whole Loan.

“Non-Serviced Whole
Loan Controlling Holder”: The “directing holder” or similarly defined party under a Non-Serviced PSA.

“Non-Specially Serviced
Loan”: Any Serviced Mortgage Loan or Serviced Companion Loan that is not a Specially Serviced Loan.

“Non-U.S. Beneficial
Ownership Certification”: As defined in Section 5.03(f).

“Non-U.S. Tax
Person”: Any person other than a U.S. Tax Person.

“Non-Waiving Successor”:
As defined in Section 3.23(l).

“Notional Amount”:
With respect to each of the following Classes of Certificates or Upper-Tier Regular Interests, the amount set forth next to it in the
table below:

	
    Class
    of Certificates, Upper-Tier Regular Interest or Lower-Tier Regular Interest
	
    Notional
    Amount

	Class A-3-X1 Certificates	Class A-3-X1 Notional Amount
	Class A-3-X2 Certificates	Class A-3-X2 Notional Amount

    	 	-95-	 

    

    

 

	
    Class
    of Certificates, Upper-Tier Regular Interest or Lower-Tier Regular Interest
	
    Notional
    Amount

	Class A-3-X1 Upper-Tier Regular Interest	Class A-3-X1 UT Notional Amount
	Class A-3-X2 Upper-Tier Regular Interest	Class A-3-X2 UT Notional Amount
	Class A-4-X1 Certificates	Class A-4-X1 Notional Amount
	Class A-4-X2 Certificates	Class A-4-X2 Notional Amount
	Class A-4-X1 Upper-Tier Regular Interest	Class A-4-X1 UT Notional Amount
	Class A-4-X2 Upper-Tier Regular Interest	Class A-4-X2 UT Notional Amount
	Class X-D Certificates	Class X-D Notional Amount
	Class X-F Certificates	Class X-F Notional Amount
	Class X-G Certificates	Class X-G Notional Amount
	Class X-H Certificates	Class X-H Notional Amount
	Class A-S-X1 Certificates	Class A-S-X1 Notional Amount
	Class A-S-X2 Certificates	Class A-S-X2 Notional Amount
	Class A-S-X1 Upper-Tier Regular Interest	Class A-S-X1 UT Notional Amount
	Class A-S-X2 Upper-Tier Regular Interest	Class A-S-X2 UT Notional Amount
	Class B-X1 Certificates	Class B-X1 Notional Amount
	Class B-X2 Certificates	Class B-X2 Notional Amount
	Class B-X1 Upper-Tier Regular Interest	Class B-X1 UT Notional Amount
	Class B-X2 Upper-Tier Regular Interest	Class B-X2 UT Notional Amount
	Class C-X1 Certificates	Class C-X1 Notional Amount
	Class C-X2 Certificates	Class C-X2 Notional Amount
	Class C-X1 Upper-Tier Regular Interest	Class C-X1 UT Notional Amount
	Class C-X2 Upper-Tier Regular Interest	Class C-X2 UT Notional Amount

“Norfolk Premium
Outlets Intercreditor Agreement”: The Agreement Between Note Holders, dated as of March 9, 2022, by and between the holders
of the respective promissory notes evidencing the Norfolk Premium Outlets Whole Loan, relating to the relative rights of such holders,
as the same may be further amended in accordance with the terms thereof.

“Norfolk Premium
Outlets Portfolio Mortgage Loan”: With respect to the Norfolk Premium Outlets Whole Loan, the Mortgage Loan that is included
in the Trust (identified as Mortgage Loan No. 8 on the Mortgage Loan Schedule), which is evidenced by promissory notes A-1 and A-2.

“Norfolk Premium
Outlets Mortgaged Property”: The Mortgaged Property that secures the Norfolk Premium Outlets Whole Loan.

“Norfolk Premium
Outlets Pari Passu Companion Loan”: With respect to the Norfolk Premium Outlets Whole Loan, as of the Closing Date, the pari
passu companion loan evidenced by the related promissory note A-3, made by the related Mortgagor and secured by the Mortgage on the
Norfolk Premium Outlets Mortgaged Property, which is not included in the Trust and which is pari passu in right of payment to the
Norfolk Premium Outlets Mortgage Loan to the extent set forth in the related Mortgage Loan documents and as provided in the Norfolk Premium
Outlets Intercreditor Agreement.

“Norfolk Premium
Outlets Portfolio Whole Loan”: The Norfolk Premium Outlets Mortgage Loan together with the Norfolk Premium Outlets Pari Passu
Companion Loan, each of

    	 	-96-	 

    

    

which is secured by the same Mortgage on the
Norfolk Premium Outlets Mortgaged Property. References herein to the Norfolk Premium Outlets Whole Loan shall be construed to refer to
the aggregate indebtedness under the Norfolk Premium Outlets Mortgage Loan and the Norfolk Premium Outlets Pari Passu Companion Loan.

“NRSRO”:
Any nationally recognized statistical rating organization within the meaning of Section 3(a)(62) of the Exchange Act, including the
Rating Agencies.

“NRSRO Certification”:
A certification (a) substantially in the form of Exhibit P-2 executed by a NRSRO or (b) provided electronically
and executed by such NRSRO by means of a “click-through” confirmation on the 17g-5 Information Provider’s Website,
in either case in favor of the 17g-5 Information Provider that states that such NRSRO is a Rating Agency under this Agreement or that
such NRSRO has provided the Depositor with the appropriate certifications pursuant to paragraph (e) of Rule 17g-5 of the
Exchange Act, that such NRSRO has access to the Depositor’s 17g-5 website and that such NRSRO will keep such information confidential,
except to the extent such information has been made available to the general public. Each NRSRO shall be deemed to recertify to the foregoing
each time it accesses the Certificate Administrator’s Website.

“OCC”:
Office of the Comptroller of the Currency.

“Officer’s
Certificate”: A certificate signed by a Servicing Officer of the applicable Master Servicer or the applicable Special Servicer
or any Additional Servicer, as the case may be, or a Responsible Officer of the Trustee or Certificate Administrator, as the case may
be.

“Offshore Transaction”:
Any “offshore transaction” as defined in Rule 902(h) of Regulation S.

“Operating Advisor”:
Pentalpha Surveillance LLC, a Delaware limited liability company, and its successors-in-interest and assigns, or any successor operating
advisor appointed as herein provided.

“Operating Advisor
Annual Report”: As defined in Section 3.26(c)(i).

“Operating Advisor
Consulting Fee”: A fee for each Major Decision on which the Operating Advisor has consulting obligations and performed its duties
with respect to such Major Decision equal to $10,000 (or such lesser amount as the related Mortgagor actually pays) with respect to any
Serviced Mortgage Loan (other than any Servicing Shift Mortgage Loan), payable pursuant to Section 3.05 of this Agreement;
provided, however, that no such fee shall be payable unless specifically paid by the related Mortgagor as a separately identifiable
fee; provided, further, that the Operating Advisor may in its sole discretion reduce the Operating Advisor Consulting Fee
with respect to any Major Decision; provided, further, however, that to the extent such fee is incurred after the
outstanding Certificate Balances of the Control Eligible Certificates and the corresponding portion of the RR Interest have been reduced
to zero as a result of the allocation of Realized Losses to such Certificates, such fee shall be payable in full to the Operating Advisor
as an expense of the Trust; provided, further, that the applicable Master Servicer or the applicable Special Servicer, as
applicable, may waive or reduce the amount of any Operating Advisor Consulting Fee payable by the related Mortgagor if it determines that
such full or partial waiver is

    	 	-97-	 

    

    

in accordance with the Servicing Standard (provided
that the applicable Master Servicer or the applicable Special Servicer, as applicable, shall consult, on a non-binding basis, with the
Operating Advisor prior to any such waiver or reduction).

“Operating Advisor
Expenses”: With respect to any Distribution Date, an amount equal to any unreimbursed indemnification amounts or additional
trust fund expenses payable to the Operating Advisor pursuant to this Agreement (other than the Operating Advisor Fee and the Operating
Advisor Consulting Fee).

“Operating Advisor
Fee”: With respect to each Mortgage Loan and REO Loan (but excluding any related Companion Loan), the fee payable to the Operating
Advisor pursuant to Section 3.26(i).

“Operating Advisor
Fee Rate”: With respect to each Interest Accrual Period related to any applicable Distribution Date, a per annum rate
of 0.00099%.

“Operating Advisor
Standard”: The requirement that the Operating Advisor must act solely on behalf of the Trust and in the best interest of, and
for the benefit of, the Certificateholders and, with respect to any Serviced Whole Loan for the benefit of the holders of the related
Companion Loan (as a collective whole as if such Certificateholders and Companion Holders constituted a single lender), and not to any
particular Class of Certificateholders (as determined by the Operating Advisor in the exercise of its good faith and reasonable judgment),
but without regard to any conflict of interest arising from any relationship that the Operating Advisor or any of its Affiliates may have
with any of the underlying Mortgagors, any Sponsor, any Mortgage Loan Seller, the Depositor, each Master Servicer, each Special Servicer,
the Asset Representations Reviewer, the Directing Certificateholder, any Certificateholders, the Risk Retention Consultation Party or
any of their Affiliates.

“Operating Advisor
Termination Event”: Any of the following events, whether any such event is voluntary or involuntary or is effected by operation
of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental
body:

(a)              
any failure by the Operating Advisor to observe or perform in any material respect any of its covenants or agreements or the material
breach of any of its representations or warranties under this Agreement, which failure continues unremedied for a period of thirty (30)
days after the date on which written notice of such failure, requiring the same to be remedied, is given to the Operating Advisor by any
party to this Agreement or to the Operating Advisor, the Certificate Administrator and the Trustee by the Holders of Certificates (other
than the RR Interest) having greater than 25% of the aggregate Voting Rights, provided that any such failure which is not curable
within such thirty (30) day period, the Operating Advisor will have an additional cure period of thirty (30) days to effect such cure
so long as it has commenced to cure such failure within the initial thirty (30) day period and has provided the Trustee and the Certificate
Administrator with an officer’s certificate certifying that it has diligently pursued, and is continuing to pursue, such cure;

    	 	-98-	 

    

    

(b)                 any
failure by the Operating Advisor to perform in accordance with the Operating Advisor Standard which failure continues unremedied for
a period of thirty (30) days after the date on which written notice of such failure, requiring the same to be remedied, is given to the
Operating Advisor by any party to this Agreement;

(c)              
any failure by the Operating Advisor to be an Eligible Operating Advisor, which failure continues unremedied for a period of thirty
(30) days after the date on which written notice of such failure, requiring the same to be remedied, is given to the Operating Advisor
by any party to this Agreement;

(d)              
a decree or order of a court or agency or supervisory authority having jurisdiction in the premises in an involuntary case under
any present or future federal or state bankruptcy, insolvency or similar law for the appointment of a conservator or receiver or liquidator
in any insolvency, readjustment of debt, marshaling of assets and liabilities or similar proceedings, or for the winding up or liquidation
of its affairs, shall have been entered against the operating advisor, and such decree or order shall have remained in force undischarged
or unstayed for a period of sixty (60) days;

(e)              
the Operating Advisor consents to the appointment of a conservator or receiver or liquidator or liquidation committee in any insolvency,
readjustment of debt, marshaling of assets and liabilities, voluntary liquidation, or similar proceedings of or relating to the operating
advisor or of or relating to all or substantially all of its property; or

(f)                
the Operating Advisor admits in writing its inability to pay its debts generally as they become due, files a petition to take advantage
of any applicable insolvency or reorganization statute, makes an assignment for the benefit of its creditors, or voluntarily suspends
payment of its obligations.

“Opinion of Counsel”:
A written opinion of counsel, who may, without limitation, be salaried counsel for the Depositor, a Master Servicer, a Special Servicer,
the Operating Advisor or the Asset Representations Reviewer, acceptable in form and delivered to the Trustee and the Certificate Administrator,
except that any opinion of counsel relating to (a) the qualification of any Trust REMIC as a REMIC, (b) compliance with the
REMIC Provisions, (c) the qualification of the Grantor Trust as a grantor trust, or (d) the resignation of any Master Servicer, any
Special Servicer or the Depositor pursuant to Section 6.05, must be an opinion of counsel who is in fact Independent of the
Depositor, such Master Servicer, such Special Servicer, the Operating Advisor and the Asset Representations Reviewer.

“Original Certificate
Balance”: As defined in the Preliminary Statement.

“Original Lower-Tier
Principal Amount”: With respect to any Class of Lower-Tier Regular Interest, the initial principal amount thereof as of the
Closing Date, in each case as specified in the Preliminary Statement.

“Original Notional
Amount”: As defined in the Preliminary Statement.

    	 	-99-	 

    

    

“Other Asset Representations
Reviewer”: Any asset representations reviewer under an Other Pooling and Servicing Agreement.

“Other Certificate
Administrator”: Any certificate administrator under an Other Pooling and Servicing Agreement.

“Other Depositor”:
Any depositor under an Other Pooling and Servicing Agreement.

“Other Exchange
Act Reporting Party”: With respect to any Other Securitization Trust that is subject to the reporting requirements of the Exchange
Act, the Other Servicer, Other Trustee, Other Certificate Administrator or Other Depositor under the related Other Pooling and Servicing
Agreement that is responsible for the preparation and/or filing of Form 8-K, Form 10-D, Form ABS-EE and Form 10-K with
respect to such Other Securitization Trust, as identified in writing to the parties to this Agreement; and, with respect to any Other
Securitization Trust that is not subject to the reporting requirements of the Exchange Act, the trustee, certificate administrator, master
servicer, special servicer or depositor under the related Other Pooling and Servicing Agreement that is responsible for the preparation
and/or dissemination of periodic distribution date statements or similar reports, as identified in writing to the parties to this Agreement.

“Other Pooling and
Servicing Agreement”: Any trust and servicing agreement or pooling and servicing agreement that creates a trust whose assets
include any Serviced Companion Loan.

“Other Securitization”:
As defined in Section 11.06.

“Other Servicer”:
Any master servicer or special servicer, as applicable, under an Other Pooling and Servicing Agreement.

“Other Trustee”:
Any trustee under an Other Pooling and Servicing Agreement.

“Ownership Interest”:
As to any Certificate, any ownership or security interest in such Certificate as the Holder thereof and any other interest therein, whether
direct or indirect, legal or beneficial, as owner or as pledgee.

“P&I Advance”:
As to any Mortgage Loan or REO Loan (but not any related Companion Loan), any advance made by the applicable Master Servicer or
the Trustee, as applicable, pursuant to Section 4.03 or Section 7.05.

“P&I Advance
Date”: The Business Day immediately prior to each Distribution Date.

“P&I Advance
Determination Date”: With respect to any Distribution Date, the close of business on the related Determination Date.

“Pari Passu Companion
Loans”: Collectively, the Serviced Pari Passu Companion Loans and the Non-Serviced Pari Passu Companion Loans.

    	 	-100-	 

    

    

“Pari Passu Companion
Loan Holder”: Any holder of record of any Serviced Pari Passu Companion Loan or Non-Serviced Pari Passu Companion Loan.

“Pass-Through
Rate”: With respect to each Class of Certificates, Upper-Tier Regular Interest or Lower-Tier Regular Interest, the rate set
forth next to it in the table below:

	
    Class
    of Certificates, Upper-Tier Regular Interest or Lower-Tier Regular Interest
	
    Pass-Through
    Rate

	Class A-1 Certificates	Class A-1 Pass-Through Rate
	Class A-SB Certificates	Class A-SB Pass-Through Rate
	Class A-3 Certificates	Class A-3 Pass-Through Rate
	Class A-3-1 Certificates	Class A-3-1 Pass-Through Rate
	Class A-3-2 Certificates	Class A-3-2 Pass-Through Rate
	Class A-3-X1 Certificates	Class A-3-X1 Pass-Through Rate
	Class A-3-X2 Certificates	Class A-3-X2 Pass-Through Rate
	Class A-3 Upper-Tier Regular Interest	Class A-3 UT Pass-Through Rate
	Class A-3-X1 Upper-Tier Regular Interest	Class A-3-X1 UT Pass-Through Rate
	Class A-3-X2 Upper-Tier Regular Interest	Class A-3-X2 UT Pass-Through Rate
	Class A-4 Certificates	Class A-4 Pass-Through Rate
	Class A-4-1 Certificates	Class A-4-1 Pass-Through Rate
	Class A-4-2 Certificates	Class A-4-2 Pass-Through Rate
	Class A-4-X1 Certificates	Class A-4-X1 Pass-Through Rate
	Class A-4-X2 Certificates	Class A-4-X2 Pass-Through Rate
	Class A-4 Upper-Tier Regular Interest	Class A-4 UT Pass-Through Rate
	Class A-4-X1 Upper-Tier Regular Interest	Class A-4-X1 UT Pass-Through Rate
	Class A-4-X2 Upper-Tier Regular Interest	Class A-4-X2 UT Pass-Through Rate
	Class X-D Certificates	Class X-D Pass-Through Rate
	Class X-F Certificates	Class X-F Pass-Through Rate
	Class X-G Certificates	Class X-G Pass-Through Rate
	Class X-H Certificates	Class X-H Pass-Through Rate
	Class A-S Certificates	Class A-S Pass-Through Rate
	Class A-S-1 Certificates	Class A-S-1 Pass-Through Rate
	Class A-S-2 Certificates	Class A-S-2 Pass-Through Rate
	Class A-S-X1 Certificates	Class A-S-X1 Pass-Through Rate
	Class A-S-X2 Certificates	Class A-S-X2 Pass-Through Rate
	Class A-S Upper-Tier Regular Interest	Class A-S UT Pass-Through Rate
	Class A-S-X1 Upper-Tier Regular Interest	Class A-S-X1 UT Pass-Through Rate
	Class A-S-X2 Upper-Tier Regular Interest	Class A-S-X2 UT Pass-Through Rate
	Class B Certificates	Class B Pass-Through Rate
	Class B-1 Certificates	Class B-1 Pass-Through Rate
	Class B-2 Certificates	Class B-2 Pass-Through Rate
	Class B-X1 Certificates	Class B-X1 Pass-Through Rate
	Class B-X2 Certificates	Class B-X2 Pass-Through Rate
	Class B Upper-Tier Regular Interest	Class B UT Pass-Through Rate
	Class B-X1 Upper-Tier Regular Interest	Class B-X1 UT Pass-Through Rate
	Class B-X2 Upper-Tier Regular Interest	Class B-X2 UT Pass-Through Rate
	Class C Certificates	Class C Pass-Through Rate
	Class C-1 Certificates	Class C-1 Pass-Through Rate
	Class C-2 Certificates	Class C-2 Pass-Through Rate
	Class C-X1 Certificates	Class C-X1 Pass-Through Rate

    	 	-101-	 

    

    

 

	
    Class
    of Certificates, Upper-Tier Regular Interest or Lower-Tier Regular Interest
	
    Pass-Through
    Rate

	Class C-X2 Certificates	Class C-X2 Pass-Through Rate
	Class C Upper-Tier Regular Interest	Class C UT Pass-Through Rate
	Class C-X1 Upper-Tier Regular Interest	Class C-X1 UT Pass-Through Rate
	Class C-X2 Upper-Tier Regular Interest	Class C-X2 UT Pass-Through Rate
	Class D Certificates	Class D Pass-Through Rate
	Class E Certificates	Class E Pass-Through Rate
	Class F Certificates	Class F Pass-Through Rate
	Class G Certificates	Class G Pass-Through Rate
	Class H Certificates	Class H Pass-Through Rate

“Payment Accommodation”:
For any Mortgage Loan or Serviced Whole Loan, the entering into of any temporary forbearance agreement as a result of the COVID-19 emergency
(and qualification as a COVID-19 emergency forbearance shall be determined by the Special Servicer in its sole and absolute discretion
in accordance with the Servicing Standard) relating to payment obligations or operating covenants under the related Mortgage Loan documents
or the use of funds on deposit in any reserve account or escrow account for any purpose other than the explicit purpose described in the
related Mortgage Loan documents, that in each case (i) is entered into by June 30, 2022, (ii) defers no greater than three (3) monthly
debt service payments (but no greater than nine (9) monthly debt service payments in the aggregate with any other Payment Accommodations)
and (iii) requires full repayment of deferred payments, reserves and escrows by the date that is twelve (12) months following the date
of the first Payment Accommodation for such Mortgage Loan or Serviced Whole Loan. For the avoidance of doubt, a Payment Accommodation
shall only be entered into by the applicable Special Servicer on behalf of the Trust in its sole and absolute discretion in accordance
with the Servicing Standard and the Master Servicer shall have no processing, consent or other rights with respect thereto. No Payment
Accommodation shall be granted if the Mortgage Loan or Serviced Whole Loan is in default with respect to any loan provision other than
the provision(s) subject to the forbearance request.

“PCAOB”:
The Public Company Accounting Oversight Board.

“Penalty Charges”:
With respect to any Serviced Mortgage Loan or Serviced Companion Loan (or any successor REO Loan), any amounts actually collected thereon
(or, in the case of a Serviced Companion Loan (or any successor REO Loan thereto) that is part of a Serviced Whole Loan, actually collected
on such Serviced Whole Loan, and allocated and paid on such Serviced Companion Loan (or any successor REO Loan), as applicable, in accordance
with the related Intercreditor Agreement) that represent late payment charges or Default Interest, other than a Prepayment Premium, a
Yield Maintenance Charge or any Excess Interest.

“Percentage Interest”:
As to any Certificate (other than the Class R and Class V Certificates), the percentage interest evidenced thereby in distributions
required to be made with respect to the related Class. With respect to any Certificate (other than the Class R and Class V Certificates),
the percentage interest is equal to the Denomination as of the Closing Date of such Certificate (subject, in the case of an Exchangeable
Certificate, to any adjustments thereto as reflected on the schedule attached to such Certificate) divided by the Original Certificate
Balance or Original Notional Amount, as applicable, of such Class of Certificates as of the Closing Date

    	 	-102-	 

    

    

(subject, in the case of an Exchangeable Certificate,
to any adjustments thereto as reflected on the schedule attached to such Certificate). With respect to a Class R or a Class V Certificate,
the Percentage Interest is set forth on the face thereof.

“Performance Certification”:
As defined in Section 11.06.

“Performing Party”:
As defined in Section 11.12.

“Periodic Payment”:
With respect to any Mortgage Loan or any related Companion Loan, the scheduled monthly payment of principal and/or interest (other than
Excess Interest) on such Mortgage Loan or Companion Loan, including any Balloon Payment, which is payable (as the terms of the applicable
Mortgage Loan or Companion Loan may be changed or modified in connection with a bankruptcy or similar proceedings involving the related
Mortgagor or by reason of a modification, extension, waiver or amendment granted or agreed to pursuant to the terms hereof) by a Mortgagor
from time to time under the related Mortgage Note and applicable law, without regard to any acceleration of principal of such Mortgage
Loan or Companion Loan by reason of default thereunder and without regard to any Excess Interest.

“Permitted Investments”:
Any one or more of the following obligations or securities (including obligations or securities of the Certificate Administrator, or managed
by the Certificate Administrator or any Affiliate of the Certificate Administrator, if otherwise qualifying hereunder), regardless of
whether issued by the Depositor, the applicable Master Servicer, the applicable Special Servicer, the Trustee, the Certificate Administrator,
or any of their respective Affiliates and having the required ratings, if any, provided for in this definition and which shall not be
subject to liquidation prior to maturity:

(i)               
direct obligations of, and obligations fully guaranteed as to timely payment of principal and interest by, the United States of
America, Fannie Mae, Freddie Mac or any agency or instrumentality of the United States of America, the obligations of which are backed
by the full faith and credit of the United States of America that mature in one (1) year or less from the date of acquisition;
provided that any obligation of, or guarantee by, the United States of America, Fannie Mae or Freddie Mac or any such agency or
instrumentality of the United States of America, other than an unsecured senior debt obligation thereof, shall be a Permitted Investment
only if such investment would not result in the downgrading, withdrawal or qualification of the then-current rating assigned by each
Rating Agency to any Certificate (or, insofar as there is then outstanding any class of Serviced Companion Loan Securities that are then
rated by such Rating Agency, such class of securities) as evidenced in writing, other than (a) unsecured senior debt obligations of the
U.S. Treasury (direct or fully funded obligations), U.S. Department of Housing and Urban Development public housing agency bonds, Federal
Housing Administration debentures, Government National Mortgage Association guaranteed mortgage-backed securities or participation certificates,
RefCorp debt obligations and SBA-guaranteed participation certificates and guaranteed pool certificates and (b) Farm Credit System consolidated
systemwide bonds and notes, Federal Home Loan Banks’ consolidated debt obligations, Freddie Mac debt obligations, and Fannie Mae
debt obligations rated at least “A-1” by S&P,

    	 	-103-	 

    

    

if such obligations mature in sixty (60)
days or less, or rated at least “AA-”, “A-1+” or “AAAm” by S&P, if such obligations mature in
365 days or less;

(ii)                  time
deposits, unsecured certificates of deposit, or bankers’ acceptances that mature in one (1) year or less after the date of issuance
and are issued or held by any depository institution or trust company (including the Trustee) incorporated or organized under the laws
of the United States of America or any State thereof and subject to supervision and examination by federal or state banking authorities
that, in each case, satisfy the Applicable Fitch Permitted Investment Rating, the Applicable DBRS Morningstar Permitted Investment Rating
and the Applicable S&P Permitted Investment Rating; or, in each case, such other rating as would not result in the downgrading, withdrawal
or qualification of the then-current rating assigned by each Rating Agency whose rating requirements are not so satisfied to any
Class of Certificates (or, insofar as there is then outstanding any class of Serviced Companion Loan Securities that is then rated by
such rating agency, such class of securities) as evidenced in writing;

(iii)               repurchase
agreements or obligations with respect to any security described in clause (i) above where such security has a remaining
maturity of one year or less and where such repurchase obligation has been entered into with a depository institution or trust company
(acting as principal) described in clause (ii) above;

(iv)               debt
obligations bearing interest or sold at a discount issued by any corporation incorporated under the laws of the United States of America
or any state thereof which mature in one (1) year or less from the date of acquisition that, in each case, satisfy (x) the Applicable
Fitch Permitted Investment Rating, (y) the Applicable DBRS Morningstar Permitted Investment Rating and (z) the Applicable S&P Permitted
Investment Rating (or, in the case of each of clause (x), (y) and (z), such lower rating requirement as is the subject of a Rating Agency
Confirmation by each Rating Agency whose rating requirements are not so satisfied relating to the Certificates and any Serviced Companion
Loan Securities); provided, however, that securities issued by any particular corporation will not be Permitted Investments
to the extent that investment therein will cause the then outstanding principal amount of securities issued by such corporation and held
in the accounts established hereunder to exceed 10% of the sum of the aggregate principal balance and the aggregate principal amount
of all Permitted Investments in such accounts;

(v)                 commercial
paper of any corporation incorporated under the laws of the United States or any state thereof (or of any corporation not so incorporated,
provided that the commercial paper is United States Dollar denominated and amounts payable thereunder are not subject to any withholding
imposed by any non-United States jurisdiction) that, in each case, satisfy (x) the Applicable Fitch Permitted Investment Rating, (y)
the Applicable DBRS Morningstar Permitted Investment Rating and (z) the Applicable S&P Permitted Investment Rating (or, in the case
of each of clause (x), (y) and (z), such lower rating requirement as is the subject of a Rating Agency Confirmation by each Rating Agency
whose rating

    	 	-104-	 

    

    

requirements are not so satisfied relating
to the Certificates and any Serviced Companion Loan Securities);

(vi)               money
market funds, which seek to maintain a constant net asset value per share (including the Federated Prime Obligation Money Market Fund,
US Bank Long Term Eurodollar Sweep, the Wells Fargo Money Market Funds or the Wells Fargo Advantage Government Money Market Fund) so
long as any such fund is rated “AAAm” by S&P and in the highest short term unsecured debt ratings category by each of
Fitch and DBRS Morningstar (or, if not rated by DBRS Morningstar, an equivalent rating (or higher) by at least two (2) NRSROs (which
may include any of the Rating Agencies));

(vii)             any
other demand, money market or time deposit, obligation, security or investment, but for the failure to satisfy one or more of the minimum
rating(s) set forth in the applicable clause, would be listed in clauses (i) – (vi) above with respect to
which a Rating Agency Confirmation has been obtained from each Rating Agency for which the minimum ratings set forth in the applicable
clause is not satisfied with respect to such demand, money market or time deposit, obligation, security or investment and confirmation
of the applicable rating agencies that such action will not result in the downgrade, withdrawal or qualification of its then-current
ratings of any Serviced Companion Loan Securities, if any (provided that such rating agency confirmation may be considered satisfied
in the same manner as any Rating Agency Confirmation may be considered satisfied with respect to the Certificates pursuant to Section 3.25);
and

(viii)            any
other demand, money market or time deposit, obligation, security or investment not listed in clauses (i) – (vi)
above with respect to which a Rating Agency Confirmation has been obtained from each and every Rating Agency;

provided, however, that with
respect to any Permitted Investment for which a rating by S&P is required as set forth above, such rating must be an unqualified rating
(i.e., one with no qualifying suffix), with the exception of ratings with regulatory indicators, such as the “(sf)” subscript,
and unsolicited ratings; provided, further, that each Permitted Investment qualifies as a “cash flow investment”
pursuant to Section 860G(a)(6) of the Code, and that (a) it shall have a predetermined fixed dollar of principal due at maturity
that cannot vary or change and (b) any such investment that provides for a variable rate of interest must have an interest rate that
is tied to a single interest rate index plus a fixed spread, if any, and move proportionately with such index; and provided, further,
however, that no such instrument shall be a Permitted Investment (a) if such instrument evidences principal and interest payments
derived from obligations underlying such instrument and the interest payments with respect to such instrument provide a yield to maturity
at the time of acquisition of greater than 120% of the yield to maturity at par of such underlying obligations, (b) if such instrument
may be redeemed at a price below the purchase price or (c) if such investment is purchased at a premium over par; and provided,
further, however, that no amount beneficially owned by any Trust REMIC (even if not yet deposited in the Trust) may be invested
in investments (other than money market funds) treated as equity interests for federal income tax purposes, unless the applicable Master
Servicer receives an Opinion of Counsel, at its own

    	 	-105-	 

    

    

expense, to the effect that such investment
will not adversely affect the status of any Trust REMIC. Permitted Investments may not be interest-only securities. All investments shall
mature or be redeemable upon the option of the holder thereof on or prior to the Business Day preceding the day before the date such amounts
are required to be applied hereunder.

“Permitted Special
Servicer/Affiliate Fees”: Any commercially reasonable treasury management fees, banking fees, title insurance (or title agency)
fees and/or other fees, insurance commissions or fees received or retained by the applicable Special Servicer or any of its Affiliates
in connection with any services performed by such party with respect to any Mortgage Loan and Serviced Companion Loan (including any related
REO Property) in accordance with this Agreement.

“Permitted Transferee”:
Any Person or any agent thereof other than (a) a Disqualified Organization, (b) any other Person so designated by the Certificate
Registrar who is unable to provide an Opinion of Counsel (provided at the expense of such Person or the Person requesting the transfer)
to the effect that the transfer of an Ownership Interest in any Class R Certificate to such Person will not cause either Trust REMIC
to fail to qualify as a REMIC at any time that the Certificates are outstanding, (c) a Person that is a Disqualified Non-U.S.
Tax Person, (d) any partnership if any of its interests are (or under the partnership agreement are permitted to be) owned, directly
or indirectly (other than through a U.S. corporation), by a Disqualified Non-U.S. Tax Person or (e) a U.S. Tax Person with respect
to whom income from the Class R Certificate is attributable to a foreign permanent establishment or fixed base, within the meaning
of an applicable income tax treaty, of the transferee or any other U.S. Tax Person.

“Person”:
Any individual, corporation, partnership, limited liability company, joint venture, association, joint-stock company, trust, unincorporated
organization or government or any agency or political subdivision thereof.

“Plan”:
As defined in Section 5.03(n).

“Plan Fiduciary”:
As defined in Section 5.03(r).

“Pre-Close Information”:
As defined in Section 3.13(c).

“Preliminary Dispute
Resolution Election Notice”: As defined in Section 2.03(l)(i).

“Prepayment Assumption”:
A “constant prepayment rate” of 0% used for determining the accrual of original issue discount and market discount, if any,
and the amortization premium, if any, on the Certificates for federal income tax purposes; provided that it is assumed that each
Mortgage Loan with an Anticipated Repayment Date prepays on such date.

“Prepayment Interest
Excess”: For any Distribution Date and with respect to any Serviced Mortgage Loan or Serviced Whole Loan that was subject to
a Principal Prepayment in full or in part during the related Collection Period, which Principal Prepayment was applied to such Mortgage
Loan or Serviced Whole Loan, as applicable, after the related Due Date and prior to the following Determination Date, the amount of interest
(net of the related Servicing Fees, Non-Serviced Primary Servicing Fees and any Excess Interest), to the extent collected from the

    	 	-106-	 

    

    

related Mortgagor (without regard to any Prepayment
Premium or Yield Maintenance Charge actually collected), that would have accrued at a rate per annum equal to (x) in the case
of any such Mortgage Loan other than a Serviced Mortgage Loan, the sum of (i) the related Net Mortgage Rate for such Mortgage Loan, and
(ii) the Certificate Administrator Fee Rate, the Operating Advisor Fee Rate, the Asset Representations Reviewer Fee Rate and the CREFC®
Intellectual Property Royalty License Fee Rate and (y) in the case of any Serviced Whole Loan, the Mortgage Rate (net of Servicing Fees,
Non-Serviced Primary Servicing Fees and any Excess Interest) on the amount of such Principal Prepayment from such Due Date to, but not
including, the date of such prepayment (or any later date through which interest accrues). Prepayment Interest Excesses (to the extent
not offset by Prepayment Interest Shortfalls or required to be paid as Compensating Interest Payments) collected on the Serviced Mortgage
Loans and any Serviced Companion Loan, will be retained by the applicable Master Servicer as additional servicing compensation.

“Prepayment Interest
Shortfall”: For any Distribution Date and with respect to any Serviced Mortgage Loan or Serviced Whole Loan that was subject
to a Principal Prepayment in full or in part during the related Collection Period, which Principal Prepayment was applied to such Mortgage
Loan or Serviced Whole Loan, as applicable, after the related Determination Date (or, with respect to each such Mortgage Loan or Serviced
Whole Loan, as applicable, with a Due Date occurring after the related Determination Date, the related Due Date) and prior to the following
Due Date, the amount of interest (net of the related Servicing Fees, Non-Serviced Primary Servicing Fees and any Excess Interest), to
the extent not collected from the related Mortgagor (without regard to any Prepayment Premium or Yield Maintenance Charge actually collected),
that would have accrued at a rate per annum equal to (x) in the case of any Mortgage Loan other than a Serviced Mortgage Loan,
the sum of (i) the related Net Mortgage Rate for such Mortgage Loan, and (ii) the Certificate Administrator Fee Rate, the Operating Advisor
Fee Rate, the Asset Representations Reviewer Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate and
(y) in the case of any Serviced Whole Loan, the Mortgage Rate (net of Servicing Fees, Non-Serviced Primary Servicing Fees and any Excess
Interest) on the amount of such Principal Prepayment during the period commencing on the date as of which such Principal Prepayment was
applied to such Mortgage Loan or Serviced Whole Loan, as applicable, and ending on such following Due Date. With respect to any Serviced
AB Whole Loan, any Prepayment Interest Shortfall for any Distribution Date shall be allocated first to the related AB Subordinate
Companion Loan, and then to the related Mortgage Loan and any related Serviced Pari Passu Companion Loan, on a pro rata
basis.

“Prepayment Premium”:
With respect to any Mortgage Loan, any premium, fee or other additional amount (other than a Yield Maintenance Charge) paid or payable,
as the context requires, by a Mortgagor in connection with a principal prepayment on, or other early collection of principal of, that
Mortgage Loan or any successor REO Loan (but excluding any related Companion Loan) with respect thereto (including any payoff of a Mortgage
Loan by a mezzanine lender on behalf of the subject Mortgagor if and as set forth in the related Intercreditor Agreement).

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

    	 	-107-	 

    

    

“Primary Servicing
Fee”: The monthly fee payable by the applicable Master Servicer solely from the Servicing Fee to each Initial Sub-Servicer,
which monthly fee accrues at the rate per annum specified as such in the Sub-Servicing Agreement with such Initial Sub-Servicer.

“Prime Rate”:
The “Prime Rate” as published in the “Money Rates” section of the New York City edition of The Wall Street
Journal (or, if such section or publication is no longer available, such other comparable publication as determined by the Certificate
Administrator in its reasonable discretion) as may be in effect from time to time, or, if the “Prime Rate” no longer exists,
such other comparable rate (as determined by the Certificate Administrator in its reasonable discretion) as may be in effect from time
to time.

“Principal Balance
Certificates”: Each of the Class A-1, Class A-SB, Class D, Class E, Class F, Class G and Class H Certificates, the
Exchangeable P&I Certificates and the RR Interest.

“Principal Distribution
Amount”: With respect to any Distribution Date and the Principal Balance Certificates (other than the RR Interest), an amount
equal to the sum of (a) the Principal Shortfall for such Distribution Date and (b) the Non-Retained Percentage of the Aggregate Principal
Distribution Amount for such Distribution Date.

“Principal Prepayment”:
Any payment of principal made by the Mortgagor on a Mortgage Loan or Serviced Whole Loan that is received in advance of its scheduled
Due Date as a result of such prepayment.

“Principal Shortfall”:
For any Distribution Date after the initial Distribution Date with respect to the Mortgage Loans, the amount, if any, by which (a) the
related Principal Distribution Amount for the preceding Distribution Date, exceeds (b) the aggregate amount actually distributed
on the preceding Distribution Date in respect of such Principal Distribution Amount. The Principal Shortfall for the initial Distribution
Date will be zero.

“Privileged Communications”:
Any correspondence between the Directing Certificateholder or the Risk Retention Consultation Party and a Special Servicer referred to
in clause (i) of the definition of “Privileged Information”.

“Privileged Information”:
Any (i) correspondence between the Directing Certificateholder or the Risk Retention Consultation Party and a Special Servicer related
to any Specially Serviced Loan (other than with respect to any Excluded Loan as to such party) or the exercise of the Directing Certificateholder’s
consent or consultation rights or the Risk Retention Consultation Party’s consultation rights under this Agreement, (ii) strategically
sensitive information that the applicable Special Servicer has reasonably determined could compromise the Trust’s position in any
ongoing or future negotiations with the related Mortgagor or other interested party, (iii) information subject to attorney-client privilege
and (iv) any Asset Status Report or Final Asset Status Report. Each Master Servicer, each Special Servicer, the Operating Advisor and
the Asset Representations Reviewer shall be entitled to rely on any identification of materials as “attorney-client privileged”
without liability for any such reliance hereunder.

    	 	-108-	 

    

    

“Privileged Information
Exception”: With respect to any Privileged Information, at any time (a) such Privileged Information becomes generally available
to the public other than as a result of a disclosure directly or indirectly by the party restricted from disclosing such Privileged Information
(the “Restricted Party”), (b) it is reasonable and necessary for the Restricted Party to disclose such Privileged
Information in working with legal counsel, auditors, taxing authorities or other governmental agencies, (c) such Privileged Information
was already known to such Restricted Party and not otherwise subject to a confidentiality obligation and/or (d) the Restricted Party
is required by law, rule, regulation, order, judgment or decree to disclose such information.

“Privileged Person”:
The Depositor and its designees, the Initial Purchasers, the Underwriters, the Mortgage Loan Sellers, each Master Servicer, each Special
Servicer (including, for the avoidance of doubt, any Excluded Special Servicer), the Trustee, the Certificate Administrator, any Additional
Servicer designated by a Master Servicer or a Special Servicer, the Operating Advisor, any Affiliate of the Operating Advisor designated
by the Operating Advisor, the Asset Representations Reviewer, any Companion Holder who provides an Investor Certification, any Non-Serviced
Master Servicer, any master servicer under an Other Pooling and Servicing Agreement, any Person (including the Directing Certificateholder
or Risk Retention Consultation Party) who provides the Certificate Administrator with an Investor Certification and any NRSRO (including
any Rating Agency) that provides the Certificate Administrator with an NRSRO Certification, which Investor Certification and NRSRO Certification
may be submitted electronically via the Certificate Administrator’s Website; provided, however, that in no event may
a Borrower Party (other than a Borrower Party that is the Risk Retention Consultation Party or a Special Servicer) be entitled to receive
(i) if such party is the Directing Certificateholder or any Controlling Class Certificateholder, any Excluded Information via the Certificate
Administrator’s Website (unless a loan-by-loan segregation is later performed by the Certificate Administrator in which case such
access shall only be prohibited with respect to the related Excluded Controlling Class Loan(s)), and (ii) if such party is not the
Directing Certificateholder or any Controlling Class Certificateholder, any information other than the Distribution Date Statement. In
determining whether any Person is an Additional Servicer or an Affiliate of the Operating Advisor, the Certificate Administrator may rely
on direction by any Master Servicer, any Special Servicer, any Mortgage Loan Seller or the Operating Advisor, as the case may be.

Notwithstanding anything
to the contrary in this Agreement, if a Special Servicer obtains knowledge that it has become a Borrower Party, such Special Servicer
shall nevertheless be a Privileged Person; provided that such Special Servicer (i) shall not directly or indirectly provide any
information related to the related Excluded Special Servicer Loan to (A) the related Borrower Party, (B) any of such Special
Servicer’s employees or personnel or any of its Affiliate involved in the management of any investment in the related Borrower Party
or the related Mortgaged Property or (C) to its actual knowledge, any non-Affiliate that holds a direct or indirect ownership interest
in the related Borrower Party and (ii) shall maintain sufficient internal controls and appropriate policies and procedures in place
in order to comply with the obligations described in clause (i) above; provided, further, that nothing in this
Agreement shall be construed as an obligation of any Master Servicer or the Certificate Administrator to restrict access by a Special
Servicer or any Excluded Special Servicer to any information related to any Excluded Special Servicer Loan and in no case shall any Master
Servicer or the Certificate Administrator be held liable if a Special Servicer accesses any Excluded Special Servicer Information relating
to the

    	 	-109-	 

    

    

Excluded Special Servicer Loan; provided,
further, that (a) the applicable Master Servicer shall not restrict access by the applicable Special Servicer to any information
related to any Mortgage Loan, including any Excluded Special Servicer Loan and (b) the Certificate Administrator shall not restrict access
by the applicable Special Servicer to any information related to any Mortgage Loan, including any Excluded Special Servicer Loan; and
provided, further, however, that any Excluded Controlling Class Holder shall be permitted to reasonably request and
to obtain in accordance with Section 4.02(f) of this Agreement any Excluded Information relating to any Excluded Controlling
Class Loan with respect to which such Excluded Controlling Class Holder is not a Borrower Party (if such Excluded Information is not otherwise
available to such Excluded Controlling Class Holder via the Certificate Administrator’s Website on account of it constituting Excluded
Information).

“Prohibited Party”:
Any proposed Servicing Function Participant that is listed on the Depositor’s Do Not Hire List.

“Prohibited Prepayment”:
As defined in the definition of Compensating Interest Payments.

“Proposed Course
of Action”: As defined in Section 2.03(l)(i).

“Proposed Course
of Action Notice”: As defined in Section 2.03(l)(i).

“Prospectus”:
The Prospectus, dated April 25, 2022, relating to the Registered Certificates.

“PSA Party Repurchase
Request”: As defined in Section 2.03(k)(ii).

“PTCE”:
Prohibited Transaction Class Exemption.

“Purchase Price”:
With respect to any Mortgage Loan (or any related REO Loan) (including, to the extent required pursuant to the final paragraph hereof,
any related Companion Loan) to be purchased pursuant to (A) Section 5 of the related Mortgage Loan Purchase Agreement by the
related Mortgage Loan Seller, (B) Section 3.16, or (C) Section 9.01, a price, without duplication, equal
to:

(i)                   the
outstanding principal balance of such Mortgage Loan (or any related REO Loan (including for such purpose, to the extent required pursuant
to the final paragraph hereof, the related Companion Loan)) as of the date of purchase; plus

(ii)              
all accrued and unpaid interest on the Mortgage Loan (or any related REO Loan (including for such purpose, to the extent required
pursuant to the final paragraph hereof, the related Companion Loan)), at the related Mortgage Rate in effect from time to time (excluding
any portion of such interest that represents Default Interest or Excess Interest on any ARD Loan), to, but not including, the Due Date
therefor immediately preceding or coinciding with the Determination Date for the Collection Period of purchase; plus

    	 	-110-	 

    

    

(iii)              all related unreimbursed Servicing Advances plus accrued and unpaid interest on all related Advances at the Reimbursement Rate,
Special Servicing Fees (whether paid or unpaid) and any other additional trust fund expenses (except for Liquidation Fees) in respect
of such Mortgage Loan (or related REO Loan (including for such purpose, to the extent required pursuant to the final paragraph hereof,
the related Companion Loan)), if any; plus

(iv)              if
such Mortgage Loan (or related REO Loan) is being repurchased or substituted by the related Mortgage Loan Seller, pursuant to Section 5
of the applicable Mortgage Loan Purchase Agreement, all reasonable out-of-pocket expenses reasonably incurred or to be
incurred by the applicable Master Servicer, the applicable Special Servicer, the Depositor, the Certificate Administrator or the Trustee
in respect of the omission, breach or defect giving rise to the repurchase or substitution obligation, including any expenses arising
out of the enforcement of the repurchase or substitution obligation, including, without limitation, legal fees and expenses and any additional
trust fund expenses relating to such Mortgage Loan (or related REO Loan); provided, however, that such out-of-pocket
expenses shall not include expenses incurred by Certificateholders or Certificate Owners in instituting an Asset Review Vote Election,
in taking part in an Asset Review vote or in exercising such Certificateholder’s or Certificate Owner’s, as applicable, rights
under the dispute resolution mechanics pursuant to Section 2.03(l);

(v)                Liquidation
Fees, if any, payable with respect to such Mortgage Loan (or related REO Loan (including for such purpose, to the extent required pursuant
to the final paragraph hereof, the related Companion Loan)) (which will not include any Liquidation Fees if such repurchase occurs or
a Loss of Value Payment is received during the Initial Cure Period or, if applicable, prior to the expiration of the Extended Cure Period);
plus

(vi)              solely
in the case of a repurchase or substitution by the related Mortgage Loan Seller, any Asset Representations Reviewer Asset Review Fee
for such Mortgage Loan, to the extent not previously paid by the related Mortgage Loan Seller.

Solely with respect to any
Serviced Whole Loan to be sold pursuant to Section 3.16(a)(iii), “Purchase Price” shall mean the amount calculated
in accordance with the preceding sentence in respect of the related Whole Loan, including, for such purposes, the Mortgage Loan and the
related Companion Loan, as applicable. With respect to any REO Property to be sold pursuant to Section 3.16(b), “Purchase
Price” shall mean the amount calculated in accordance with the second preceding sentence in respect of the related REO Loan
(including any related Companion Loan). With respect to any sale pursuant to Section 3.16(a)(ii) or Section 3.16(e)
or for purposes of calculating any Gain-on-Sale Proceeds, the “Purchase Price” shall be allocated between the related Mortgage
Loan and Companion Loan, as applicable, in accordance with, and shall be equal to the amount provided pursuant to, the provisions of the
related Intercreditor Agreement. With respect to any Joint Mortgage Loan, the Purchase Price that would be payable by each of the applicable
Mortgage Loan Sellers for its related Mortgage Note shall be its respective Mortgage Loan Seller Percentage Interest as of the Closing
Date of the total

    	 	-111-	 

    

    

Purchase Price for such Mortgage Loan. Notwithstanding
the foregoing, with respect to any repurchase pursuant to sub-clause (A) and sub-clause (C) hereof, the “Purchase
Price” shall not include any amounts payable in respect of any related Companion Loan.

“Qualified Institutional
Buyer”: A “qualified institutional buyer” as defined in Rule 144A under the Act.

“Qualified Insurer”:
(i) With respect to any Mortgage Loan, REO Loan or REO Property, an insurance company or security or bonding company qualified to
write the related Insurance Policy in the relevant jurisdiction with an insurance financial strength rating of at least: (a) “A-”
by S&P (or, if not rated by S&P, at least an equivalent rating by one NRSRO (which may include Fitch or DBRS Morningstar)), (b) “A”
by Fitch (or, if not rated by Fitch, at least an equivalent rating by one other NRSRO (which may include S&P or DBRS Morningstar))
and (c) “A(low)” by DBRS Morningstar (or, if not rated by DBRS Morningstar, at least an equivalent rating by one other nationally
recognized insurance rating organization (which may include Fitch or S&P)), and (ii) with respect to the fidelity bond and errors
and omissions insurance policy required to be maintained pursuant to Section 3.07(c), except as otherwise permitted by Section 3.07(c),
an insurance company that has a claims paying ability (or the obligations which are guaranteed or backed by a company having such claims
paying ability) rated by at least one (1) of the following rating agencies of at least (a) “A3” by Moody’s, (b)
“A-” by S&P, (c) “A-” by Fitch, (d) “A-:X” by A.M. Best Company, Inc., or (e) “A(low)”
by DBRS Morningstar, or, in the case of clauses (i) or (ii), any other insurer acceptable to the Rating Agencies, as
evidenced by a Rating Agency Confirmation and a confirmation of the applicable rating agencies that such action will not result in the
downgrade, withdrawal or qualification of its then-current ratings of any Serviced Companion Loan Securities, if any (provided
that such rating agency confirmation may be considered satisfied in the same manner as any Rating Agency Confirmation may be considered
satisfied with respect to the Certificates pursuant to Section 3.25).

“Qualified Replacement
Special Servicer”: A replacement special servicer that (i) satisfies all of the eligibility requirements applicable to
the applicable Special Servicer contained in this Agreement, (ii) is not the Operating Advisor, the Asset Representations Reviewer
or an Affiliate of the Operating Advisor or the Asset Representations Reviewer, (iii) is not obligated to pay the Operating Advisor
(x) any fees or otherwise compensate the Operating Advisor in respect of its obligations under this Agreement, and (y) for the
appointment of the successor special servicer or the recommendation by the Operating Advisor for the replacement special servicer to become
a Special Servicer, (iv) is not entitled to receive any compensation from the Operating Advisor other than compensation that is not
material and is unrelated to the Operating Advisor’s recommendation that such party be appointed as the replacement special servicer,
(v) is not entitled to receive any fee from the Operating Advisor for its appointment as successor special servicer, in each case,
unless such fee is expressly approved by 100% of the Certificateholders, (vi) currently has a special servicer rating of at least
“CSS3” from Fitch, (vii) is listed on S&P’s Select Servicer List as a “U.S. Commercial Mortgage Special Servicer”,
and (viii) (x) has a then current ranking by DBRS Morningstar equal to or higher than “MOR CS3” as a master servicer or special
servicer, as applicable (if ranked by DBRS Morningstar), or (y) if not ranked by DBRS Morningstar, is acting as master servicer or special
servicer, as applicable, in a commercial mortgage loan securitization that was rated by DBRS Morningstar within the 12 month period prior
to the date of determination and that DBRS Morningstar has not qualified,

    	 	-112-	 

    

    

downgraded or withdrawn the then-current rating
or ratings of one or more classes of certificates publicly citing servicing concerns with the special servicer, as applicable, as the
sole or material factor in such rating action.

“Qualified Substitute
Mortgage Loan”: A substitute mortgage loan (other than with respect to the Whole Loans, for which no substitution will be permitted)
replacing a removed Mortgage Loan that must, on the date of substitution: (i) have an outstanding principal balance, after application
of all scheduled payments of principal and interest due during or prior to the month of substitution, whether or not received, not in
excess of the Stated Principal Balance of the removed Mortgage Loan as of the Due Date in the calendar month during which the substitution
occurs; (ii) have a fixed Mortgage Rate not less than the Mortgage Rate of the removed Mortgage Loan, determined without regard to
any prior modification, waiver or amendment of the terms of the removed Mortgage Loan; (iii) have the same Due Date as and Grace
Period no longer than that of the removed Mortgage Loan; (iv) accrue interest on the same basis as the removed Mortgage Loan (for
example, on the basis of a 360-day year consisting of twelve (12) 30-day months); (v) have a remaining term to stated maturity not
greater than, and not more than five (5) years less than, the remaining term to stated maturity of the removed Mortgage Loan; (vi) have
a then-current loan-to-value ratio equal to or less than the lesser of the loan-to-value ratio for the removed Mortgage Loan as of
the Closing Date and 75%, in each case using the “value” for the Mortgaged Property as determined using an Appraisal; (vii) comply
as of the date of substitution in all material respects with all of the representations and warranties set forth in the applicable Mortgage
Loan Purchase Agreement; (viii) have an environmental report that indicates no material adverse environmental conditions with respect
to the related Mortgaged Property and which will be delivered as a part of the related Mortgage File; (ix) have a then-current
debt service coverage ratio at least equal to (A) with respect to any Mortgage Loan other than an NCB Co-op Mortgage Loan, the greater
of (i) the original debt service coverage ratio of the removed Mortgage Loan as of the Closing Date and (ii) 1.25x; or (B) in the case
of an NCB Co-op Mortgage Loan, the original debt service coverage ratio of the removed Mortgage Loan as of the Closing Date; (x) constitute
a “qualified replacement mortgage” within the meaning of Section 860G(a)(4) of the Code as evidenced by an Opinion of
Counsel (provided at the applicable Mortgage Loan Seller’s expense); (xi) not have a maturity date or an amortization period
that extends to a date that is after the date five (5) years prior to the Rated Final Distribution Date; (xii) have comparable prepayment
restrictions to those of the removed Mortgage Loan; (xiii) not be substituted for a removed Mortgage Loan unless the Trustee and
the Certificate Administrator have received Rating Agency Confirmation from each Rating Agency (the cost, if any, of obtaining such Rating
Agency Confirmation to be paid by the applicable Mortgage Loan Seller); (xiv) have been approved, so long as a Control Termination
Event has not occurred and is not continuing and the affected Mortgage Loan is not an Excluded Loan with respect to either the Directing
Certificateholder or the Holder of the majority of the Controlling Class, by the Directing Certificateholder; (xv) prohibit defeasance
within two (2) years of the Closing Date; (xvi) not be substituted for a removed Mortgage Loan if it would result in an Adverse
REMIC Event other than the imposition of a tax on income expressly permitted or contemplated to be imposed by the terms of this Agreement,
as determined by an Opinion of Counsel at the cost of the related Mortgage Loan Seller; (xvii) have an engineering report that indicates
no material adverse property condition or deferred maintenance with respect to the related Mortgaged Property that will be delivered as
a part of the related Servicing File; and (xviii) be current in the payment of all scheduled payments of principal and interest then
due. In the event that more than one mortgage loan is substituted for

    	 	-113-	 

    

    

a removed Mortgage Loan, then the amounts described
in clause (i) shall be determined on the basis of aggregate Stated Principal Balances and each such proposed Qualified Substitute
Mortgage Loan shall individually satisfy each of the requirements specified in clauses (ii) through (xviii); provided
that the rates described in clause (ii) above and the remaining term to stated maturity referred to in clause (v)
above shall be determined on a weighted average basis; provided, further, that no individual Mortgage Rate (net of the Servicing
Fee Rate, any Non-Serviced Primary Servicing Fee Rate, the Certificate Administrator Fee Rate, the Operating Advisor Fee Rate, the Asset
Representations Reviewer Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate) shall be lower than the
highest fixed Pass-Through Rate (and not based on, or subject to a cap equal to, the Weighted Average Net Mortgage Rate) of any Class
of Principal Balance Certificates having a Certificate Balance then outstanding. When a Qualified Substitute Mortgage Loan is substituted
for a removed Mortgage Loan, the applicable Mortgage Loan Seller shall certify that the Qualified Substitute Mortgage Loan meets all of
the requirements of the above definition and shall send such certification to the Trustee, the Certificate Administrator and, prior to
the occurrence and continuance of a Consultation Termination Event, the Directing Certificateholder.

“RAC No-Response
Scenario”: As defined in Section 3.25(a).

“RAC Requesting
Party”: As defined in Section 3.25(a).

“Rated Final Distribution
Date”: As to each Class of Certificates, the Distribution Date in April 2065.

“Rating Agency”:
Each of DBRS Morningstar, Fitch and S&P or their successors in interest. If no such rating agency nor any successor thereof remains
in existence, “Rating Agency” shall be deemed to refer to such NRSRO or other comparable Person reasonably designated by the
Depositor, notice of which designation shall be given to the Trustee, the Certificate Administrator, each applicable Special Servicer
and each applicable Master Servicer, and specific ratings of DBRS Morningstar, Fitch and S&P herein referenced shall be deemed to
refer to the equivalent ratings of the party so designated.

“Rating Agency Confirmation”:
With respect to any matter, confirmation in writing (which may be in electronic form) by each applicable Rating Agency that a proposed
action, failure to act or other event so specified will not, in and of itself, result in the downgrade, withdrawal or qualification of
the then-current rating assigned to any Class of Certificates (if then rated by the Rating Agency); provided that a written
waiver or other acknowledgment from the Rating Agency indicating its decision not to review the matter for which the Rating Agency Confirmation
is sought shall be deemed to satisfy the requirement for the Rating Agency Confirmation from each Rating Agency with respect to such matter.

“Rating Agency Inquiry”:
As defined in Section 4.07(c).

“Rating Agency Q&A
Forum and Document Request Tool”: As defined in Section 4.07(c).

“Realized Loss”:
With respect to any Distribution Date, the amount, if any, by which (i) the product of (A) the Non-Retained Percentage and (B) the
aggregate Stated Principal

    	 	-114-	 

    

    

Balance (for purposes of this definition only,
not giving effect to any reductions of the Stated Principal Balance for payments of principal collected on the Mortgage Loans that were
used to reimburse any Workout-Delayed Reimbursement Amounts pursuant to Section 3.05(a)(v) to the extent such Workout-Delayed
Reimbursement Amounts are not otherwise determined to be Nonrecoverable Advances) of the Mortgage Loans and any REO Loans (excluding any
portion allocable to any related Companion Loan, if applicable) expected to be outstanding immediately following such Distribution Date,
is less than (ii) the then-aggregate Certificate Balance of the Principal Balance Certificates (other than the RR Interest) after
giving effect to distributions of principal on such Distribution Date.

“Received Classes”:
As defined in Section 5.11(c).

“Record Date”:
With respect to any Distribution Date, the last Business Day of the month immediately preceding the month in which that Distribution Date
occurs.

“Registered Certificates”:
The Class A-1 and Class A-SB Certificates, the Class A-3 Exchangeable Certificates, the Class A-4 Exchangeable Certificates, the
Class A-S Exchangeable Certificates, the Class B Exchangeable Certificates and the Class C Exchangeable Certificates.

“Regular Certificates”:
Any of the Class A-1, Class A-SB, Class D, Class E, Class F, Class G, Class H, Class X-D, Class X-F, Class X-G
and Class X-H Certificates and the RR Interest.

“Regulation AB”:
Subpart 229.1100 – Asset Backed Securities (Regulation AB), 17 C.F.R. §§ 229.1100-229.1125, as such may
be amended from time to time, and subject to such clarification and interpretation as have been provided by the Commission or by the staff
of the Commission, or as may be provided by the Commission or its staff from time to time.

“Regulation AB Companion
Loan Securitization”: As defined in Section 11.15(a).

“Regulation AB
Servicing Officer”: Any officer or employee of any Master Servicer or any Special Servicer, as applicable, involved in, or responsible
for, the administration and servicing of the Mortgage Loans or Companion Loans, or this Agreement and also, with respect to a particular
matter, any other officer to whom such matter is referred because of such officer’s or employee’s knowledge of and familiarity
with the particular subject, and, in the case of any certification required to be signed by a Servicing Officer, such an officer or employee
whose name and specimen signature appears on a list of servicing officers furnished to the Trustee and/or the Certificate Administrator
by the applicable Master Servicer or the applicable Special Servicer, as applicable, as such list may from time to time be amended.

“Regulation D”:
Regulation D under the Act.

“Regulation S”:
Regulation S under the Act.

“Regulation S
Book-Entry Certificates”: The Non-Registered Certificates sold to institutions that are non-United States Securities
Persons in Offshore Transactions in reliance on

    	 	-115-	 

    

    

Regulation S and represented by one or
more Book-Entry Non-Registered Certificates deposited with the Certificate Administrator as custodian for the Depository.

“Reimbursement Rate”:
The rate per annum applicable to the accrual of interest on Servicing Advances in accordance with Section 3.03(d) and
P&I Advances in accordance with Section 4.03(d), which rate per annum shall equal the Prime Rate.

“Related Certificates,”
“Related Exchangeable Upper-Tier Regular Interest” and “Related Lower-Tier Regular Interests”: For
each of the following Classes of Certificates and Exchangeable Upper-Tier Regular Interests, the related Class of Lower-Tier Regular Interests;
and for each of the following Classes of Lower-Tier Regular Interests, the related Class of Certificates or Exchangeable Upper-Tier Regular
Interest set forth below:

	Related
    Certificates or Related Exchangeable Upper-Tier Regular Interest
	Related
    Lower-Tier Regular Interest

	Class A-1 Certificates	Class LA1 Uncertificated Interest
	Class A-SB Certificates	Class LASB Uncertificated Interest
	Class A-3 Upper-Tier Regular Interest	Class LA3 Uncertificated Interest
	Class A-4 Upper-Tier Regular Interest	Class LA4 Uncertificated Interest
	Class A-S Upper-Tier Regular Interest	Class LAS Uncertificated Interest
	Class B Upper-Tier Regular Interest	Class LB Uncertificated Interest
	Class C Upper-Tier Regular Interest	Class LC Uncertificated Interest
	Class D Certificates	Class LD Uncertificated Interest
	Class E Certificates	Class LE Uncertificated Interest
	Class F Certificates	Class LF Uncertificated Interest
	Class G Certificates	Class LG Uncertificated Interest
	Class H Certificates	Class LH Uncertificated Interest
	RR Interest	LRR Uncertificated Interest

“Relevant Servicing
Criteria”: The Servicing Criteria applicable to a specific party, as set forth on Exhibit Z attached hereto. For
clarification purposes, multiple parties can have responsibility for the same Relevant Servicing Criteria. With respect to a Servicing
Function Participant engaged by the Trustee, the Certificate Administrator, a Master Servicer or a Special Servicer, the term “Relevant
Servicing Criteria” may refer to a portion of the Relevant Servicing Criteria applicable to such Master Servicer, such Special Servicer,
the Trustee and/or the Certificate Administrator.

“REMIC”:
A “real estate mortgage investment conduit” as defined in Section 860D of the Code (or any successor thereto).

“REMIC Administrator”:
The Certificate Administrator or any REMIC administrator appointed pursuant to Section 10.04.

“REMIC Provisions”:
Provisions of the federal income tax law relating to real estate mortgage investment conduits, which appear at Sections 860A through
860G of subchapter M of chapter 1 of the Code, and related provisions, and temporary and final Treasury Regulations (or proposed
regulations that would apply by reason of their proposed effective date

    	 	-116-	 

    

    

to the extent not inconsistent with temporary
or final regulations) and any rulings or announcements promulgated thereunder, as the foregoing may be in effect from time to time.

“Remittance Date”:
The Business Day immediately preceding each Distribution Date.

“Rents from Real
Property”: With respect to any REO Property, gross income of the character described in Section 856(d) of the Code.

“REO Account”:
A segregated custodial account or accounts created and maintained by (a) with respect to each of the Mortgage Loans other than the NCB
Co-op Mortgage Loans, the General Special Servicer pursuant to Section 3.14(b) on behalf of the Trustee for the benefit of
the Certificateholders and with respect to any Serviced Whole Loan, for the benefit of the related Serviced Companion Noteholder, which
shall initially be entitled “Rialto Capital Advisors, LLC, as General Special Servicer, on behalf of Wilmington Trust, National
Association, as Trustee, for the benefit of the registered holders of BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates,
Series 2022-BNK41, REO Account” and (b) with respect to the NCB Co-op Mortgage Loans, the NCB Special Servicer, pursuant to and
for the benefit of the Persons specified in Section 3.14(b), which shall be titled “National Cooperative Bank, N.A., as NCB Special
Servicer, on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of the registered holders of the BANK 2022-BNK41,
Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41”. Any such account or accounts shall be an Eligible Account.

“REO Acquisition”:
The acquisition for federal income tax purposes of any REO Property pursuant to Section 3.09.

“REO Disposition”:
The sale or other disposition of the REO Property pursuant to Section 3.16.

“REO Extension”:
As defined in Section 3.14(a).

“REO Loan”:
Each of the Mortgage Loans (and, with respect to any Serviced Whole Loan, the related Companion Loan, as applicable), deemed for purposes
hereof to be outstanding with respect to each REO Property. Each REO Loan shall be deemed to be outstanding for so long as the applicable
portion of the related REO Property (or beneficial interest therein, in the case of a Non-Serviced Mortgage Loan) remains part of
the Trust Fund and provides for Assumed Scheduled Payments on each Due Date therefor, and otherwise has the same terms and conditions
as its predecessor Mortgage Loan or Companion Loan, if applicable, including, without limitation, with respect to the calculation of the
Mortgage Rate in effect from time to time (such terms and conditions to be applied without regard to the default on such predecessor Mortgage
Loan or Companion Loan, if applicable). Each REO Loan shall be deemed to have an initial outstanding principal balance and Stated Principal
Balance equal to the outstanding principal balance and Stated Principal Balance, respectively, of its predecessor Mortgage Loan or Companion
Loan, if applicable, as of the date of the related REO Acquisition. All amounts due and owing in respect of the predecessor Mortgage Loan
or Companion Loan, if applicable, as of the date of the related REO Acquisition, including, without limitation, accrued and unpaid interest,
shall continue to be due and owing in respect of an REO Loan. All amounts payable or

    	 	-117-	 

    

    

reimbursable to the applicable Master Servicer,
the applicable Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Certificate Administrator or the Trustee,
as applicable, in respect of the predecessor Mortgage Loan or Companion Loan, if applicable, as of the date of the related REO Acquisition,
including, without limitation, any unpaid Special Servicing Fees and Servicing Fees, additional trust fund expenses and any unreimbursed
Advances, together with any interest accrued and payable to the applicable Master Servicer or the Trustee, as applicable, in respect of
such Advances in accordance with Section 3.03(d) or Section 4.03(d), shall continue to be payable or reimbursable
to the applicable Master Servicer, the applicable Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Certificate
Administrator or the Trustee, as applicable, in respect of an REO Loan. In addition, Unliquidated Advances and Nonrecoverable Advances
with respect to such REO Loan, in each case, that were paid from collections on the related Mortgage Loans and resulted in principal distributed
to the Certificateholders being reduced as a result of the first proviso in the definition of “Aggregate Principal Distribution
Amount” shall be deemed outstanding until recovered. Notwithstanding anything to the contrary, with respect to each Serviced Whole
Loan, no amounts relating to the related REO Property or REO Loan allocable to the related Serviced Pari Passu Companion Loan, as applicable,
will be available for amounts due to the Certificateholders or to reimburse the Trust, other than in the limited circumstances related
to Servicing Advances, indemnification payments, Special Servicing Fees and other reimbursable expenses related to such Serviced Whole
Loan incurred with respect to such Serviced Whole Loan, in accordance with Section 3.05(a), or with respect to an AB Subordinate
Companion Loan, as set forth in the related Intercreditor Agreement.

“REO Property”:
A Mortgaged Property acquired by the applicable Special Servicer on behalf of, and in the name of, the Trustee or a nominee thereof for
the benefit of the Certificateholders (and the related Companion Holder, subject to the related Intercreditor Agreement, with respect
to a Mortgaged Property securing a Serviced Whole Loan) to the extent set forth herein and the Trustee (as holder of the Lower-Tier Regular
Interests) (and also including, if applicable, the Trust’s beneficial interest in a Non-Serviced Mortgaged Property acquired
by the applicable Non-Serviced Special Servicer on behalf of, and in the name of, the applicable Non-Serviced Trustee or a nominee
thereof for the benefit of the certificateholders under the applicable Non-Serviced Trust) through foreclosure, acceptance of a deed
in lieu of foreclosure or otherwise in accordance with applicable law in connection with the default or imminent default of a Mortgage
Loan. References herein to a Special Servicer acquiring, maintaining, managing, inspecting, insuring, selling or reporting or to Appraisal
Reduction Amounts and Final Recovery Determinations with respect to an “REO Property”, shall not include the Trust’s
beneficial interest in a Non-Serviced Mortgaged Property. For the avoidance of doubt, REO Property, to the extent allocable to a Companion
Loan, shall not be an asset of the Trust Fund, any Trust REMIC or the Grantor Trust.

“REO Revenues”:
All income, rents and profits derived from the ownership, operation or leasing of any REO Property.

“Reportable Event”:
As defined in Section 11.07.

“Reporting Requirements”:
As defined in Section 11.12.

    	 	-118-	 

    

    

“Reporting Servicer”:
Each applicable Master Servicer, each applicable Special Servicer, the Trustee, the Certificate Administrator, the Operating Advisor,
the Custodian or any Servicing Function Participant engaged by such parties, as the case may be.

“Repurchase Request”:
A Certificateholder Repurchase Request or a PSA Party Repurchase Request.

“Repurchase Request
Recipient”: As defined in Section 2.02(g).

“Repurchased Note”:
As defined in Section 3.30(a).

“Repurchasing Mortgage
Loan Seller”: As defined in Section 3.30(a).

“Request for Release”:
A release signed by a Servicing Officer of the applicable Master Servicer or the applicable Special Servicer, as applicable, in the form
of Exhibit E attached hereto.

“Requesting Certificateholder”:
As defined in Section 2.03(l)(iii).

“Requesting Holders”:
As defined in Section 4.05(b).

“Required Credit
Risk Retention Percentage”: 5%.

“Residual Ownership
Interest”: Any record or beneficial interest in the Class R Certificates.

“Resolution Failure”:
As defined in Section 2.03(k)(iii).

“Resolved”:
With respect to a Repurchase Request, (i) that the related Material Defect has been cured, (ii) the related Mortgage Loan has been
repurchased in accordance with the related Mortgage Loan Purchase Agreement, (iii) a mortgage loan has been substituted for the related
Mortgage Loan in accordance with the related Mortgage Loan Purchase Agreement, (iv) the applicable Mortgage Loan Seller has made
a Loss of Value Payment, (v) a contractually binding agreement has been entered into between the Enforcing Servicer, on behalf of
the Trust, and the related Mortgage Loan Seller that settles the related Mortgage Loan Seller’s obligations under the related Mortgage
Loan Purchase Agreement, or (vi) the related Mortgage Loan is no longer property of the Trust as a result of a sale or other disposition
in accordance with this Agreement.

“Responsible Officer”:
When used with respect to (i) the Trustee, any officer of the Corporate Trust Office of the Trustee with direct responsibility for
the administration of this Agreement and, with respect to a particular matter, any other officer to whom such matter is referred because
of such officer’s knowledge of and familiarity with the particular subject and (ii) the Certificate Administrator, any officer
assigned to the Corporate Trust Services group with direct responsibility for the administration of this Agreement and, with respect to
a particular matter, any other officer to whom a particular matter is referred by the Certificate Administrator because of such officer’s
knowledge of and familiarity with the particular subject.

    	 	-119-	 

    

    

“Restricted Period”:
The forty (40) day period prescribed by Regulation S commencing on the later of (a) the date upon which Certificates are first
offered to Persons other than the Initial Purchasers or Underwriters and any other distributor (as such term is defined in Regulation S)
of the Certificates and (b) the Closing Date.

“Retained Certificate
Available Funds”: With respect to any Distribution Date, an amount equal to the sum of (i) the Required Credit Risk Retention
Percentage of the Aggregate Available Funds for such Distribution Date and (ii) the Retained Certificate Gain-on-Sale Remittance
Amount.

“Retained Certificate
Gain-on-Sale Remittance Amount”: For each Distribution Date, the lesser of (i) the amount on deposit in the Retained Certificate
Gain-on-Sale Reserve Account on such Distribution Date, and (ii) the Required Credit Risk Retention Percentage of the Aggregate Gain-on-Sale
Entitlement Amount.

“Retained Certificate
Gain-on-Sale Reserve Account”: A custodial account or accounts (or subaccount of the Distribution Account) created and
maintained by the Certificate Administrator, pursuant to Section 3.04(e) on behalf of the Trustee for the benefit of the Holders
of the RR Interest, which shall initially be entitled “Computershare Trust Company, National Association, as Certificate Administrator,
on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of the registered holders of BANK 2022-BNK41, Commercial
Mortgage Pass-Through Certificates, Series 2022-BNK41, Retained Certificate Gain-on-Sale Reserve Account”. Any such account shall
be an Eligible Account or a subaccount of an Eligible Account.

“Retained Certificate
Interest Distribution Amount”: With respect to the RR Interest for any Distribution Date, an amount equal to the product of
(A) the Risk Retention Allocation Percentage and (B) the aggregate amount of interest distributed to the Holders of the Certificates
(other than the RR Interest) and Exchangeable Upper-Tier Regular Interests pursuant to Sections 4.01(a)(i), (iv), (vii),
(x), (xiii), (xvi), (xix), (xxii) and (xxv) on such Distribution Date.

“Retained Certificate Principal
Distribution Amount”: With respect to the RR Interest for any Distribution Date, an amount equal to the product of (A) the
Risk Retention Allocation Percentage and (B) the aggregate amount of principal distributed to the Holders of the Regular Certificates
(other than the RR Interest) and Exchangeable Upper-Tier Regular Interests pursuant to Sections 4.01(a)(ii), (v), (viii),
(xi), (xiv), (xvii), (xx), (xxiii) and (xxvi) on such Distribution Date.

“Retained Certificate
Realized Loss”: With respect to any Distribution Date, the amount, if any, by which (i) the product of (A) the Required
Credit Risk Retention Percentage and (B) the aggregate Stated Principal Balance (for purposes of this definition only, not giving
effect to any reductions of the Stated Principal Balance for payments of principal collected on the Mortgage Loans that were used to reimburse
any Workout-Delayed Reimbursement Amounts pursuant to Section 3.05(a)(v) to the extent such Workout-Delayed Reimbursement
Amounts are not otherwise determined to be Nonrecoverable Advances) of the Mortgage Loans and any successor REO Loans (but excluding any
related Companion Loans) expected to be outstanding immediately following such Distribution Date, is less than (ii) the Certificate
Balance of the RR Interest after giving effect to distributions of principal on such Distribution Date.

    	 	-120-	 

    

    

“Retained Certificate
Realized Loss Distribution Amount”: With respect to the RR Interest for any Distribution Date, an amount equal to the product
of (A) the Risk Retention Allocation Percentage and (B) the aggregate amount of reimbursed Realized Losses and interest thereon distributed
to the Holders of the Regular Certificates (other than the RR Interest) and Exchangeable Upper-Tier Regular Interests pursuant to Sections
4.01(a)(iii), (vi), (ix), (xii), (xv), (xviii), (xxi), (xxiv) and (xxvii)
on such Distribution Date.

“Retained Defeasance
Rights and Obligations”: Any of the rights and obligations of the Mortgage Loan Sellers defined in Section 3.18(i).

“Retained Fee Rate”:
A rate equal to (A) 0.0100% per annum with respect to each NCB Mortgage Loan, and (B) with respect to each Mortgage Loan (other than the
NCB Mortgage Loans) a rate that causes the Transferable Servicing Interest to equal zero.

“Retained Interest
Safekeeping Account”: An account maintained by the Certificate Administrator, which account shall be deemed to be owned by the
Holders of the RR Interest in proportions equal to their respective Percentage Interests.

“Retaining Parties”:
Each of Morgan Stanley Bank, N.A., Bank of America, National Association, and Wells Fargo Bank, National Association, acting as Holder
of the RR Interest, and any successor Holder of all or part of the RR Interest.

“Retaining Sponsor”:
Morgan Stanley Mortgage Capital Holdings LLC, acting as retaining sponsor as such term is defined in Risk Retention Rules.

“Reverse Sequential
Order”: With respect to any distribution or allocation relating to principal in respect of the Principal Balance Certificates
(other than any Exchangeable Certificates and the RR Interest) and the Exchangeable Upper-Tier Regular Interests:

first, to the Class
H Certificates;

second, to the Class
G Certificates;

third, to the Class
F Certificates;

fourth, to the Class
E Certificates;

fifth, to the Class
D Certificates;

sixth, to the Class
C Upper-Tier Regular Interest (and, correspondingly, to the Class C, Class C-1 and Class C-2 Certificates, pro rata in proportion
to their Class Percentage Interests in the Class C Upper-Tier Regular Interest);

seventh, to the Class
B Upper-Tier Regular Interest (and, correspondingly, to the Class B, Class B-1 and Class B-2 Certificates, pro rata in proportion
to their Class Percentage Interests in the Class B Upper-Tier Regular Interest);

    	 	-121-	 

    

    

eighth, to the Class
A-S Upper-Tier Regular Interest (and, correspondingly, to the Class A-S, Class A-S-1 and Class A-S-2 Certificates, pro rata in
proportion to their Class Percentage Interests in the Class A-S Upper-Tier Regular Interest); and

ninth, pro rata
(based on their respective Certificate Balances), to the Class A-1 and Class A-SB Certificates and the Class A-3 and Class A-4
Upper-Tier Regular Interests (and, correspondingly, to the Class A-3, Class A-3-1, Class A-3-2, Class A-4, Class A-4-1 and Class A-4-2
Certificates, pro rata in proportion to their Class Percentage Interests in the Class A-3 Upper-Tier Regular Interest or the Class
A-4 Upper-Tier Regular Interest, as applicable),

in each case until the remaining
Certificate Balances of such Classes of Certificates or Exchangeable Upper-Tier Regular Interests have been reduced to zero.

“Review Materials”:
As defined in Section 12.01(b)(i).

“Review Package”:
A Rating Agency Confirmation request and any supporting documentation delivered therewith.

“Revised Rate”:
With respect to any ARD Loan, the increased interest rate after the related Anticipated Repayment Date (in the absence of a default) for
each applicable Mortgage Loan, as calculated and as set forth in the related Mortgage Loan.

“Risk Retention
Allocation Percentage”: A percentage equal to the Required Credit Risk Retention Percentage divided by the Non-Retained Percentage.

“Risk Retention
Consultation Party”: The Risk Retention Consultation Party shall be the party selected by the Holders of more than 50% of the
RR Interest (by Certificate Balance, as determined by the Certificate Registrar) from time to time. The Depositor shall promptly provide
the name and contact information for the initial Risk Retention Consultation Party upon request of any party to this Agreement and any
such requesting party may conclusively rely on the name and contact information provided by the Depositor. The Certificate Administrator
and the other parties hereto shall be entitled to assume that the identity of the Risk Retention Consultation Party has not changed until
such parties receive written notice of the identity and contact information of a replacement of the Risk Retention Consultation Party
from a party holding the requisite interest in the RR Interest (as confirmed by the Certificate Registrar). The initial Risk Retention
Consultation Party shall be Morgan Stanley Mortgage Capital Holdings LLC, a New York limited liability company.

“Risk Retention Requirements”:
The credit risk retention requirements of Section 15G of the Exchange Act (15 U.S.C. §78o-11), as added by Section 941 of the
Dodd-Frank Act.

“Risk Retention Rules”:
The joint final rule that was promulgated to implement the Risk Retention Requirements (which such joint final rule has been codified,
inter alia, at 17 C.F.R. § 246), as such rule may be amended from time to time, and subject to such clarification and interpretation
as have been provided by the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal
Deposit Insurance Corporation, the Federal Housing Finance Agency, the Commission and the Department of Housing and Urban Development
in the adopting release (79 Fed. Reg. 77601 et seq.) or by the staff of any such

    	 	-122-	 

    

    

agency, or as may be provided by any such agency
or its staff from time to time, in each case, as effective, from time to time, as of the applicable compliance date specified therein.
Any reference to a Section of the Risk Retention Rules shall mean the subsection of the Risk Retention Rules identified with the same
corresponding number as the referenced “Section”. For example, “Section 7 of the Risk Retention Rules” means 17
C.F.R. § 246.7.

“Routine Disbursements”:
As defined in Section 3.18(m).

“RR Interest”:
A Certificate (or all Certificates, as the context may require) designated as “RR Interest” on the face thereof, in the form
of Exhibit A-4 hereto, and evidencing (i) a beneficial interest in a “regular interest” in the Upper-Tier
REMIC for purposes of the REMIC Provisions and (ii) beneficial ownership of the RR Interest Specific Grantor Trust Assets.

“RR Interest Specific
Grantor Trust Assets”: The portion of the Trust Fund consisting of a portion of any Excess Interest equal to the product of
(A) the Required Credit Risk Retention Percentage and (B) the aggregate amount of Excess Interest received on or prior to the related
Determination Date, related amounts in the Excess Interest Distribution Account and the proceeds thereof, beneficial ownership of which
is represented by the RR Interest.

“RR Interest Transfer
Restriction Period”: The period from the Closing Date to the earlier of: (a) the latest of (i) the date on which the aggregate
unpaid principal balance of all outstanding Mortgage Loans has been reduced to 33.0% of the aggregate Cut-off Date Balance of the Mortgage
Loans; (ii) the date on which the aggregate outstanding principal balance of the Principal Balance Certificates has been reduced to 33.0%
of the aggregate outstanding principal balance of the Principal Balance Certificates as of the Closing Date; and (iii) two years after
the Closing Date; and (b) the date on which the Risk Retention Rules have been effectively abolished or amended or officially determined
by the OCC, the Board of Governors of the Federal Reserve System, the FDIC, the Federal Housing Finance Agency, the Commission and the
Department of Housing and Urban Development to be no longer applicable to the Trust.

“Rule 144A”:
Rule 144A under the Act.

“Rule 144A
Book-Entry Certificate”: With respect to the Non-Registered Certificates offered and sold in reliance on Rule 144A,
a single, permanent Book-Entry Certificate, in definitive, fully registered form without interest coupons.

“Rules”:
As defined in Section 2.03(n)(iv).

“S&P”:
S&P Global Ratings, acting through Standard & Poor’s Financial Services LLC, and its successors in interest. If neither
S&P nor any successor remains in existence, “S&P” shall be deemed to refer to such other NRSRO or other comparable
Person reasonably designated by the Depositor, notice of which designation shall be given to the Trustee, the Certificate Administrator,
each Master Servicer, the Directing Certificateholder and each Special Servicer and specific ratings of S&P herein referenced shall
be deemed to refer to the equivalent ratings of the party so designated.

    	 	-123-	 

    

    

“Sarbanes-Oxley
Act”: The Sarbanes-Oxley Act of 2002 and the rules and regulations of the Commission promulgated thereunder (including any
interpretations thereof by the Commission’s staff).

“Sarbanes-Oxley
Certification”: As defined in Section 11.05(a)(iv).

“Schedule AL Additional
File”: The data file containing additional information or schedules regarding data points in the CREFC® Schedule
AL File in accordance with Item 1111(h)(4) of Regulation AB and Item 601(b)(103) of Regulation S-K under the Securities Act.

“Scheduled Principal
Distribution Amount”: With respect to any Distribution Date and the Mortgage Loans, the aggregate of the principal portions
of the following: (a) all Periodic Payments (excluding Balloon Payments) due in respect of such Mortgage Loans during or, if and
to the extent not previously received or advanced pursuant to Section 4.03 in respect of a preceding Distribution Date (and
not previously distributed to Certificateholders), prior to, the related Collection Period, and all Assumed Scheduled Payments with respect
to the Mortgage Loans for the related Collection Period, in each case to the extent either (i) paid by the Mortgagor as of the related
Determination Date (or, with respect to each Mortgage Loan with a Due Date occurring or a Grace Period ending after the related Determination
Date, the related Due Date or last day of such Grace Period, as applicable, to the extent received by the applicable Master Servicer as
of the Business Day preceding the related P&I Advance Date) or (ii) advanced by the applicable Master Servicer or the Trustee,
as applicable, pursuant to Section 4.03 in respect of such Distribution Date, and (b) all Balloon Payments with respect
to the Mortgage Loans to the extent received on or prior to the related Determination Date (or, with respect to each Mortgage Loan with
a Due Date occurring or a Grace Period ending after the related Determination Date, the related Due Date or last day of such Grace Period,
as applicable, to the extent received by the applicable Master Servicer as of the Business Day preceding the related P&I Advance Date),
and to the extent not included in clause (a) above.

“Secure Data Room”:
The webpage, which shall initially be located within the Certificate Administrator’s Website (initially “www.ctslink.com”),
under the “Secure Data Room” tab on the page relating to this transaction.

“Securities Act”:
The Securities Act of 1933, as it may be amended from time to time.

“Security Agreement”:
With respect to any Mortgage Loan, any security agreement or equivalent instrument, whether contained in the related Mortgage or executed
separately, creating in favor of the holder of such Mortgage a security interest in the personal property constituting security for repayment
of such Mortgage Loan.

“Senior Certificate”:
Any Class A Certificate (other than a Class A-S Exchangeable Certificate) or Class X Certificate.

“Serviced AB Mortgage
Loan”: Any AB Mortgage Loan serviced pursuant to this Agreement. There are no Serviced AB Mortgage Loans as of the Closing Date.

    	 	-124-	 

    

    

“Serviced AB Whole
Loan”: Any AB Whole Loan serviced pursuant to this Agreement. There are no Serviced AB Whole Loans as of the Closing Date.

“Serviced Companion
Loan”: Any Serviced Pari Passu Companion Loans and any AB Subordinate Companion Loan related to a Serviced AB Whole Loan, as
applicable.

“Serviced Companion
Loan Securities”: For so long as the related Mortgage Loan or any successor REO Loan is in the Trust Fund, any class of securities
backed, wholly or partially, by any Serviced Companion Loan.

“Serviced Companion
Noteholder”: Each of the holders of the Serviced Pari Passu Companion Loans and any AB Subordinate Companion Loan related
to a Serviced AB Whole Loan, as applicable.

“Serviced Companion
Noteholder Register”: The register maintained by the Companion Paying Agent pursuant to Section 3.28.

“Serviced Mortgage
Loan”: A Mortgage Loan serviced and administered under this Agreement.

“Serviced Pari Passu
Companion Loan”: With respect to each Serviced Whole Loan, any related promissory note that is pari passu in right of
payment with the related Serviced Mortgage Loan.

“Serviced Pari Passu
Companion Loan Holder”: Any holder of record of any Serviced Pari Passu Companion Loan.

“Serviced Pari Passu
Companion Loan Securities”: For so long as the related Mortgage Loan or any successor REO Loan is in the Trust Fund, any class
of securities issued by another securitization and backed by a Serviced Pari Passu Companion Loan.

“Serviced Pari Passu
Mortgage Loan”: Any Mortgage Loan serviced pursuant to this Agreement that is part of a Serviced Pari Passu Whole Loan.

“Serviced Pari Passu
Whole Loan”: Any Whole Loan serviced pursuant to this Agreement comprised of a Serviced Mortgage Loan and one or more Serviced
Pari Passu Companion Loans.

“Serviced REO Loan”:
Any REO Loan that is serviced by a Special Servicer pursuant to this Agreement.

“Serviced REO Property”:
Any REO Property that is serviced by a Special Servicer pursuant to this Agreement.

“Serviced Securitized
Companion Loan”: Any Companion Loan that is a component of a Serviced Whole Loan, if and for so long as each such Companion
Loan is included in a Regulation AB Companion Loan Securitization.

    	 	-125-	 

    

    

“Serviced Whole
Loan”: Each of the Serviced Pari Passu Whole Loans, any Serviced AB Whole Loan and each Servicing Shift Whole Loan (prior to
the related Servicing Shift Securitization Date).

“Serviced Whole
Loan Controlling Holder”: The “Controlling Noteholder” or similar term identified in the Intercreditor Agreement
related to a Serviced Whole Loan.

“Serviced Whole
Loan Remittance Date”: With respect to any Serviced Companion Loan: (i) the date specified as the applicable remittance
date (or equivalent concept) in the related Intercreditor Agreement or (ii) if no such applicable remittance date (or equivalent
concept) is so specified in the related Intercreditor Agreement, then the earlier of (A) the Remittance Date and (B) one (1) Business
Day after the “determination date” (or any term substantially similar thereto) as defined in the related Other Pooling and
Servicing Agreement, in each case, as long as the date on which the remittance is required is at least one (1) Business Day after the
Due Date.

“Servicer Termination
Event”: One or more of the events described in Section 7.01(a).

“Servicing Account”:
The account or accounts created and maintained pursuant to Section 3.03(a).

“Servicing Advances”:
All customary, reasonable and necessary “out of pocket” costs and expenses (including attorneys’ fees and expenses and
fees of real estate brokers) incurred by the applicable Master Servicer, the applicable Special Servicer, Certificate Administrator, or
the Trustee, as applicable, in connection with the servicing and administering of (a) a Mortgage Loan (and in the case of a Serviced
Mortgage Loan, the related Serviced Companion Loan, as applicable), other than a Non-Serviced Mortgage Loan, in respect of which a
default, delinquency or other unanticipated event has occurred or as to which a default is reasonably foreseeable or (b) a Mortgaged
Property securing a Serviced Mortgage Loan or an REO Property (other than an REO Property related to a Non-Serviced Mortgage Loan),
including, in the case of each of such clause (a) and clause (b), but not limited to, (x) the cost of (i) compliance
with the applicable Master Servicer’s obligations set forth in Section 3.03(c), (ii) the preservation, restoration
and protection of a Mortgaged Property and the priority of a Mortgage, (iii) obtaining any Insurance and Condemnation Proceeds or
any Liquidation Proceeds of the nature described in clauses (i) – (vi) of the definition of “Liquidation
Proceeds,” (iv) any enforcement or judicial proceedings with respect to a Mortgaged Property, including foreclosures and (v) the
operation, leasing, management, maintenance and liquidation of any REO Property and (y) any amount specifically designated herein
to be paid as a “Servicing Advance”. Notwithstanding anything to the contrary, “Servicing Advances” shall not
include allocable overhead of the applicable Master Servicer or the applicable Special Servicer, such as costs for office space, office
equipment, supplies and related expenses, employee salaries and related expenses and similar internal costs and expenses or costs and
expenses incurred by any such party in connection with its purchase of a Mortgage Loan or REO Property. Each applicable Master Servicer,
each applicable Special Servicer and the Trustee shall not make any Servicing Advance in connection with the exercise of any cure rights
or purchase rights granted to the holder of a Companion Loan under the related Intercreditor Agreement or this Agreement.

    	 	-126-	 

    

    

“Servicing Criteria”:
The criteria set forth in paragraph (d) of Item 1122 of Regulation AB as such may be amended from time to time and which
as of the Closing Date are listed on Exhibit Z hereto.

“Servicing Fee”:
With respect to each Mortgage Loan (including each Non-Serviced Mortgage Loan), Serviced Companion Loan, and any REO Loan, the fee payable
to the applicable Master Servicer pursuant to the first paragraph of Section 3.11(a).

“Servicing Fee Rate”:
With respect to (i) each Serviced Mortgage Loan (other than an NCB Mortgage Loan) (and any successor REO Loan), a per annum rate
equal to the sum of master servicing fee rate equal to 0.00250% per annum and a primary servicing fee rate equal to 0.00250% per
annum (or, with respect to (A) the Village Green East Apartments Mortgage Loan, 0.02000% per annum, and (B) the Hydrafacial
and Red Oak Depot Mortgage Loan, 0.04250% per annum); (ii) each NCB Mortgage Loan (and any successor REO Loan), a master servicing
fee rate equal to 0.08000% per annum and a primary servicing fee rate equal to 0.0% per annum; (iii) each Non-Serviced Mortgage
Loan (and any successor REO Loan), a master servicing fee rate equal to 0.00250% per annum; and (iv) each Serviced Companion Loan
(and any successor REO Loan), a primary servicing fee rate equal to 0.00250% per annum. Such Servicing Fee Rate shall be computed
on the basis of the Stated Principal Balance of the related Mortgage Loan or REO Loan in the same manner in which interest is calculated
in respect of such loans. Notwithstanding the above, with respect to each Servicing Shift Mortgage Loan, on and after the related Servicing
Shift Securitization Date, the primary servicing fee rate with respect to such Mortgage Loan comprising a part of the related Servicing
Fee Rate shall be 0% per annum.

“Servicing File”:
A photocopy or electronic copy of all items required to be included in the Mortgage File, together with each of the following, (a) to
the extent such items were actually delivered to the related Mortgage Loan Seller, with respect to a Mortgage Loan and (to the extent
that the identified documents existed on or before the Closing Date and the applicable reference to Servicing File relates to any period
after the Closing Date) delivered by the related Mortgage Loan Seller, to the applicable Master Servicer: (i) a copy of any engineering
reports or property condition reports; (ii) other than with respect to a hospitality property (except with respect to tenanted commercial
space within a hospitality property), copies of a rent roll (or, with respect to residential cooperative properties, maintenance schedules)
and, for any office, retail, industrial or warehouse property, a copy of all leases and estoppels and subordination and non-disturbance
agreements delivered to the related Mortgage Loan Seller; (iii) copies of related financial statements or operating statements; (iv) all
legal opinions (excluding attorney-client communications between the related Mortgage Loan Seller, and its counsel that are privileged
communications or constitute legal or other due diligence analyses), Mortgagor’s certificates and certificates of hazard insurance
and/or hazard insurance policies or other applicable insurance policies, if any, delivered in connection with the closing of the related
Mortgage Loan; (v) a copy of the Appraisal for the related Mortgaged Property(ies); (vi) the documents that were delivered by
or on behalf of the Mortgagor, which documents were required to be delivered in connection with the closing of the related Mortgage Loan;
(vii) for any Mortgage Loan that the related Mortgaged Property is leased to a single tenant, a copy of the lease; and (viii) a copy
of all environmental reports that were received by the applicable Mortgage Loan Seller relating to the relevant Mortgaged Property and
(b) copies of all modifications, extensions and amendments related to the above, any Appraisals and any other document necessary to service
the Mortgage

    	 	-127-	 

    

    

Loans (other than any Non-Serviced Mortgage
Loan) and any Serviced Companion Loan, in each case, that are created or prepared after the Closing Date.

“Servicing Function
Participant”: Any Additional Servicer, Sub-Servicer, Subcontractor or any other Person, other than any Master Servicer,
any Special Servicer, the Trustee, the Operating Advisor and the Certificate Administrator, that is performing activities that address
the Servicing Criteria, unless (i) such Person’s activities relate only to 5% or less of the Mortgage Loans by unpaid principal
balance as of any date of determination in accordance with Article XI or (ii) the Depositor reasonably determines that
a Master Servicer or a Special Servicer may, for the purposes of the Exchange Act reporting requirements pursuant to applicable Commission
guidance, take responsibility for the assessment of compliance with the Servicing Criteria of such Person. The Servicing Function Participants
as of the Closing Date are listed on Exhibit FF hereto. Exhibit FF shall be updated and provided to the Depositor
and the Certificate Administrator in accordance with Section 11.10(c).

“Servicing Officer”:
Any officer and/or employee of a Master Servicer, a Special Servicer or any Additional Servicer involved in, or responsible for, the administration
and servicing of the Mortgage Loans or Serviced Companion Loans, whose name and specimen signature appear on a list of servicing officers
furnished by such Master Servicer, such Special Servicer or any Additional Servicer to the Certificate Administrator, the Trustee, the
Operating Advisor and the Depositor on the Closing Date as such list may be amended from time to time thereafter.

“Servicing Shift
Lead Note”: With respect to any Servicing Shift Whole Loan, as of any date of determination, the note or other evidence of indebtedness
and/or agreements evidencing the indebtedness of a Mortgagor under such Servicing Shift Whole Loan including any amendments or modifications,
or any renewal or substitution notes, as of such date, the sale of which to the related Non-Serviced Trust will cause servicing to shift
from this Agreement to the related Non-Serviced PSA pursuant to the terms of the related Intercreditor Agreement for such Servicing Shift
Whole Loan. There are no Servicing Shift Lead Notes as of the Closing Date.

“Servicing Shift
Mortgage Loan” With respect to any Servicing Shift Whole Loan, a Mortgage Loan included in the Trust Fund that will be serviced
under this Agreement as of the Closing Date, but the servicing of which is expected to shift to the related Non-Serviced PSA entered into
in connection with the securitization, if any, of the related Servicing Shift Lead Note on and after the applicable Servicing Shift Securitization
Date. There are no Servicing Shift Mortgage Loans as of the Closing Date.

“Servicing Shift
Securitization Date”: With respect to any Servicing Shift Whole Loan, the date on which the related Servicing Shift Lead Note
is included in a Non-Serviced Trust; provided that the holder of such Servicing Shift Lead Note provides each of the parties to
this Agreement (in each case only to the extent such party will not also be a party to the related Non-Serviced PSA) with notice in accordance
with the terms of the related Intercreditor Agreement that such Servicing Shift Lead Note is to be included in such Non-Serviced Trust
which notice shall include contact information for the related Non-Serviced Master Servicer, Non-Serviced Special Servicer, Non-Serviced
Certificate Administrator and Non-Serviced Trustee. There are no Servicing Shift Whole Loans as of the Closing Date.

    	 	-128-	 

    

    

“Servicing Shift
Whole Loan”: Any Whole Loan serviced under this Agreement as of the Closing Date that includes a related Servicing Shift Mortgage
Loan included in the Trust Fund and one or more Companion Loans not included in the Trust Fund, but the servicing of which is expected
to shift to the related Non-Serviced PSA entered into in connection with the securitization, if any, of the related Servicing Shift Lead
Note on or after the applicable Servicing Shift Securitization Date. There are no Servicing Shift Whole Loans as of the Closing Date.

“Servicing Standard”:
As defined in Section 3.01(a).

“Servicing Transfer
Event”: With respect to any Serviced Mortgage Loan, or related Serviced Companion Loan, the occurrence of any of the following
events:

(i)               
the related Mortgagor has failed to make when due any Balloon Payment, and the Mortgagor has not delivered to the applicable Master
Servicer or applicable Special Servicer, on or before the due date of such Balloon Payment, a written and fully executed (subject only
to customary final closing conditions) refinancing commitment from an acceptable lender and reasonably satisfactory in form and substance
to the applicable Master Servicer or the applicable Special Servicer, as applicable (and such Master Servicer or such Special Servicer,
as applicable, shall promptly forward such commitment to the applicable Special Servicer or the applicable Master Servicer, as applicable)
which provides that such refinancing will occur within one hundred-twenty (120) days after the date on which such Balloon Payment will
become due (provided that if either (x) such refinancing does not occur before the expiration of the time period for refinancing
specified in such refinancing commitment or (y) the applicable Master Servicer is required to make a P&I Advance in respect of such
Mortgage Loan (or, in the case of any Serviced Whole Loan, in respect of the Mortgage Loan included in the same Serviced Whole Loan) at
any time prior to such refinancing, a Servicing Transfer Event will occur immediately); or

(ii)              
the related Mortgagor has failed to make when due any Periodic Payment (other than a Balloon Payment) or any other payment (other
than a Balloon Payment) required under the related Mortgage Note or the related Mortgage, which failure has continued unremedied for sixty
(60) days; or

(iii)               the
applicable Master Servicer determines (in accordance with the Servicing Standard) or receives from the applicable Special Servicer a
written determination of such Special Servicer (which determination the applicable Special Servicer shall make in accordance with the
Servicing Standard and (A) with the consent of the Directing Certificateholder (other than with respect to an Excluded Loan with respect
to such party and only if no Control Termination Event has occurred and is continuing (or, with respect to a Serviced AB Whole Loan if
an AB Control Appraisal Period is not in effect, the prior consent of the related AB Whole Loan Controlling Holder, to the extent required
by the terms of the related Intercreditor Agreement)) or (B) following consultation with the Directing Certificateholder (other than
with respect to (x) an Excluded Loan with respect to such party and only if a Control Termination Event has occurred and is continuing

    	 	-129-	 

    

    

but no Consultation Termination Event has
occurred and is continuing or (y) a Serviced AB Whole Loan if an AB Control Appraisal Period is not in effect)), that a default in
making any Periodic Payment (other than a Balloon Payment) or any other material payment (other than a Balloon Payment) required under
the related Mortgage Note or the related Mortgage is likely to occur in the foreseeable future, and such default is likely to remain unremedied
for at least sixty (60) days beyond the date on which the subject payment will become due; or the applicable Master Servicer determines
(in accordance with the Servicing Standard) or receives from the applicable Special Servicer a written determination of such Special Servicer
(which determination the applicable Special Servicer shall make in accordance with the Servicing Standard and (A) with the consent of
the Directing Certificateholder (other than with respect to an Excluded Loan with respect to such party and only if no Control Termination
Event has occurred and is continuing (or, with respect to a Serviced AB Whole Loan if an AB Control Appraisal Period is not in effect,
the prior consent of the holder of the related AB Whole Loan Controlling Holder, to the extent required by the terms of the related Intercreditor
Agreement)) or (B) following consultation with the Directing Certificateholder (other than with respect to (x) an Excluded Loan with
respect to such party and only if a Control Termination Event has occurred and is continuing but no Consultation Termination Event has
occurred and is continuing or (y) a Serviced AB Whole Loan if an AB Control Appraisal Period is not in effect), that a default in
making a Balloon Payment is likely to occur in the foreseeable future, and such default is likely to remain unremedied for at least sixty
(60) days beyond the date on which such Balloon Payment will become due (or, if the Mortgagor has delivered a written and fully executed
(subject only to customary final closing conditions) refinancing commitment from an acceptable lender and reasonably satisfactory in form
and substance to the applicable Master Servicer or the applicable Special Servicer (and such Master Servicer or such Special Servicer,
as applicable, shall promptly forward such documentation to the applicable Special Servicer or Master Servicer, as applicable) which provides
that a refinancing will occur within one hundred-twenty (120) days following the date on which such Balloon Payment will become due, the
applicable Master Servicer determines (in accordance with the Servicing Standard) or receives from the applicable Special Servicer a written
determination of such Special Servicer (which determination the applicable Special Servicer shall make in accordance with the Servicing
Standard and (A) with the consent of the Directing Certificateholder (other than with respect to an Excluded Loan with respect to such
party and only if no Control Termination Event has occurred and is continuing (or, with respect to a Serviced AB Whole Loan if an AB Control
Appraisal Period is not in effect, the prior consent of the related AB Whole Loan Controlling Holder, to the extent required by the terms
of the related Intercreditor Agreement)) or (B) following consultation with the Directing Certificateholder (other than with respect to
(x) an Excluded Loan with respect to such party and only if a Control Termination Event has occurred and is continuing but no Consultation
Termination Event has occurred and is continuing or (y) a Serviced AB Whole Loan prior to the occurrence of a Control Appraisal Period)),
that (A) the Mortgagor is likely not to make one or more Assumed Scheduled Payments prior

    	 	-130-	 

    

    

to such a refinancing or (B) such
refinancing is not likely to occur within one hundred-twenty (120) days following the date on which such Balloon Payment will become due);
or

(iv)              there
shall have occurred a default (including, in the applicable Master Servicer’s or the applicable Special Servicer’s judgment,
the failure of the related Mortgagor to maintain any insurance required to be maintained pursuant to the related Mortgage Loan documents,
unless such default has been waived in accordance with Section 3.07 or Section 3.18) under the related Mortgage
Loan documents, other than as described in clause (i) or (ii) above, that may, in the good faith and reasonable
judgment of the applicable Master Servicer or the applicable Special Servicer (and, in the case of the applicable Special Servicer (A)
with the consent of the Directing Certificateholder (other than with respect to an Excluded Loan with respect to such party and only
if no Control Termination Event has occurred and is continuing (or, with respect to a Serviced AB Whole Loan, if an AB Control Appraisal
Period is not in effect, the prior consent of the related AB Whole Loan Controlling Holder, to the extent required by the terms of the
related Intercreditor Agreement) or (B) following consultation with the Directing Certificateholder (other than with respect to an Excluded
Loan with respect to such party and only if a Control Termination Event has occurred and is continuing but no Consultation Termination
Event has occurred and is continuing))), materially impair the value of the related Mortgaged Property as security for such Mortgage
Loan or Serviced Whole Loan or otherwise materially and adversely affect the interests of Certificateholders (or, in the case of any
Serviced Whole Loan, the interests of any related Serviced Companion Noteholder), which default has continued unremedied for the applicable
cure period under the terms of such Mortgage Loan or Serviced Whole Loan (or, if no cure period is specified, sixty (60) days); or

(v)              
a decree or order of a court or agency or supervisory authority having jurisdiction in the premises in an involuntary case under
any present or future federal or state bankruptcy, insolvency or similar law or the appointment of a conservator, receiver or liquidator
in any insolvency, readjustment of debt, marshalling of assets and liabilities or similar proceedings, or for the winding-up or liquidation
of its affairs, shall have been entered against the related Mortgagor and such decree or order shall have remained in force undischarged
or unstayed for a period of sixty (60) days; or

(vi)              the
related Mortgagor shall have consented to the appointment of a conservator or receiver or liquidator in any insolvency, readjustment
of debt, marshalling of assets and liabilities or similar proceedings of or relating to such Mortgagor or of or relating to all or substantially
all of its property; or

(vii)            the
related Mortgagor shall have admitted in writing its inability to pay its debts generally as they become due, filed a petition to take
advantage of any applicable insolvency or reorganization statute, made an assignment for the benefit of its creditors, or voluntarily
suspended payment of its obligations; or

    	 	-131-	 

    

    

(viii)           the applicable Master Servicer or the applicable Special Servicer shall have received notice of the commencement of foreclosure
or similar proceedings with respect to the corresponding Mortgaged Property;

(ix)               the
applicable Master Servicer or the applicable Special Servicer (and in the case of the applicable Special Servicer, with the consent of
the Directing Certificateholder (other than with respect to an Excluded Loan with respect to such party and only if no Control Termination
Event has occurred and is continuing (or, with respect to a Serviced AB Whole Loan if an AB Control Appraisal Period is not in effect,
the prior consent of the related AB Whole Loan Controlling Holder, to the extent required by the terms of the related Intercreditor Agreement)))
determines that (i) a default (including, in the applicable Master Servicer’s or the applicable Special Servicer’s
judgment, the failure of the related Mortgagor to maintain any insurance required to be maintained pursuant to the related Mortgage Loan
documents, unless such default has been waived in accordance with Section 3.07 or Section 3.18) under the
Mortgage Loan documents (other than as described in clause (iii) above) is imminent or reasonably foreseeable, (ii) such
default will materially impair the value of the corresponding Mortgaged Property as security for the Mortgage Loan or Serviced Pari Passu
Companion Loan (if any) or otherwise materially and adversely affect the interests of Certificateholders (or the related Serviced Pari
Passu Companion Loan Holder) and (iii) the default is likely to continue unremedied for the applicable cure period under the terms
of the Mortgage Loan documents, or, if no cure period is specified and the default is capable of being cured, for sixty (60) days; or

(x)              
a default occurs beyond any applicable grace period or cure period under a Payment Accommodation with respect to any Mortgage Loan
or Serviced Whole Loan, as determined by the applicable Special Servicer in its sole and absolute discretion in accordance with the Servicing
Standard;

provided that any
Mortgage Loan (excluding any Non-Serviced Mortgage Loan) that is cross-collateralized with a Specially Serviced Loan shall be a Specially
Serviced Loan so long as such Mortgage Loan is cross-collateralized with a Specially Serviced Loan. If any Serviced Companion Loan
becomes a Specially Serviced Loan, the related Serviced Mortgage Loan shall also become a Specially Serviced Loan. If any Serviced Mortgage
Loan becomes a Specially Serviced Loan, any related Serviced Companion Loan shall also become a Specially Serviced Loan. With respect
to a Non-Serviced Mortgage Loan, the occurrence of a “Servicing Transfer Event” shall be as defined in the Non-Serviced
PSA.

For the avoidance of doubt,
with respect to clauses (ii), (iii), (iv), (vii) and (ix) above, neither (i) a Payment Accommodation with respect to any Mortgage Loan
or Serviced Whole Loan nor (ii) any default or delinquency that would have existed but for such Payment Accommodation will constitute
a Servicing Transfer Event, for so long as the related Mortgagor is complying with the terms of such Payment Accommodation.

“Shearer’s
Industrial Portfolio Intercreditor Agreement”: The Co-Lender Agreement, dated as of April 6, 2022, by and between the holders
of the respective promissory

    	 	-132-	 

    

    

notes evidencing the Shearer’s Industrial
Portfolio Whole Loan, relating to the relative rights of such holders, as the same may be further amended in accordance with the terms
thereof.

“Shearer’s
Industrial Portfolio Mortgage Loan”: With respect to the Shearer’s Industrial Portfolio Whole Loan, the Mortgage Loan
that is included in the Trust (identified as Mortgage Loan No. 10 on the Mortgage Loan Schedule), which is evidenced by promissory note
A-2.

“Shearer’s
Industrial Portfolio Mortgaged Property”: The portfolio of Mortgaged Properties that secures the Shearer’s Industrial
Portfolio Whole Loan.

“Shearer’s
Industrial Portfolio Pari Passu Companion Loans”: With respect to the Shearer’s Industrial Portfolio Whole Loan, as of
the Closing Date, the pari passu companion loans evidenced by the related promissory notes A-1-1, A-1-2 and A-1-3 made by the related
Mortgagor and secured by the Mortgage on the Shearer’s Industrial Portfolio Mortgaged Property, which are not included in the Trust
and which are pari passu in right of payment to the Shearer’s Industrial Portfolio Mortgage Loan to the extent set forth
in the related Mortgage Loan documents and as provided in the Shearer’s Industrial Portfolio Intercreditor Agreement.

“Shearer’s
Industrial Portfolio Whole Loan”: The Shearer’s Industrial Portfolio Mortgage Loan together with the Shearer’s Industrial
Portfolio Pari Passu Companion Loans, each of which is secured by the same Mortgage on the Shearer’s Industrial Portfolio Mortgaged
Property. References herein to the Shearer’s Industrial Portfolio Whole Loan shall be construed to refer to the aggregate indebtedness
under the Shearer’s Industrial Portfolio Mortgage Loan and the Shearer’s Industrial Portfolio Pari Passu Companion Loans.

“Significant Obligor”:
As defined in Section 11.16.

“Significant Obligor
NOI Quarterly Filing Deadline”: With respect to each calendar quarter (other than the fourth (4th) calendar quarter of any calendar
year), the date that is fifteen (15) days after the Distribution Date occurring on or immediately following the date on which financial
statements for such calendar quarter are required to be delivered to the related lender under the related Mortgage Loan documents.

“Significant Obligor
NOI Yearly Filing Deadline”: With respect to each calendar year, the date that is the ninetieth (90th) day after the end of
such calendar year.

“Silver Sands Premium
Outlets Intercreditor Agreement”: The Agreement Between Note Holders, dated as of February 10, 2022, by and between the holders
of the respective promissory notes evidencing the Silver Sands Premium Outlets Whole Loan, relating to the relative rights of such holders,
as the same may be further amended in accordance with the terms thereof.

“Silver Sands Premium
Outlets Mortgage Loan”: With respect to the Silver Sands Premium Outlets Whole Loan, the Mortgage Loan that is included in the
Trust (identified as Mortgage Loan No. 17 on the Mortgage Loan Schedule), which is evidenced by promissory note A-3.

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“Silver Sands Premium
Outlets Mortgaged Property”: The Mortgaged Property that secures the Silver Sands Premium Outlets Whole Loan.

“Silver Sands Premium
Outlets Pari Passu Companion Loans”: With respect to the Silver Sands Premium Outlets Whole Loan, as of the Closing Date, the
pari passu companion loans evidenced by the related promissory notes A-1 and A-2 made by the related Mortgagor and secured by the
Mortgage on the Silver Sands Premium Outlets Mortgaged Property, which are not included in the Trust and which are pari passu in
right of payment to the Silver Sands Premium Outlets Mortgage Loan to the extent set forth in the related Mortgage Loan documents and
as provided in the Silver Sands Premium Outlets Intercreditor Agreement.

“Silver Sands Premium
Outlets Whole Loan”: The Silver Sands Premium Outlets Mortgage Loan together with the Silver Sands Premium Outlets Pari Passu
Companion Loans, each of which is secured by the same Mortgage on the Silver Sands Premium Outlets Mortgaged Property. References herein
to the Silver Sands Premium Outlets Whole Loan shall be construed to refer to the aggregate indebtedness under the Silver Sands Premium
Outlets Mortgage Loan and the Silver Sands Premium Outlets Pari Passu Companion Loans.

“Similar Law”:
As defined in Section 5.03(n).

“Sole Certificateholder”:
Any Certificate Owner, or Certificate Owners acting in unanimity, of a Book-Entry Certificate or a Holder of a Definitive Certificate
holding 100% of the then-outstanding Class X-F, Class X-G, Class X-H, Class F, Class G and Class H Certificates; provided,
that the Certificate Balances of the Class A-1, Class A-SB, Class D and Class E Certificates and the Class A-3, Class A-4, Class
A-S, Class B and Class C Upper-Tier Regular Interests have been reduced to zero.

“Special Notice”:
As defined in Section 5.06.

“Special Servicer”:
With respect to (i) each of the Mortgage Loans (other than any NCB Mortgage Loan, any Non-Serviced Mortgage Loan and any Excluded Special
Servicer Loan), the Serviced Companion Loans, any REO Property acquired by the Trust with respect to any such Mortgage Loan and any matters
relating to the foregoing, the General Special Servicer, and its successors in interest and assigns, or any successor special servicer
appointed as provided herein, (ii) any NCB Mortgage Loan, any REO Property acquired by the Trust with respect to any such NCB Mortgage
Loan and any matters relating to the foregoing, the NCB Special Servicer and (iii) any Excluded Special Servicer Loan, if any, the related
Excluded Special Servicer appointed pursuant to Section 7.01(g) of this Agreement, as applicable and as the context may require.

“Special Servicer
Decision”: With respect to a Serviced Mortgage Loan or Serviced Whole Loan that is not otherwise a Major Decision:

(i)               
other than with respect to residential cooperative mortgage loans secured by a residential cooperative property, approval of any
waiver regarding the receipt of financial statements (other than immaterial timing waivers including late financial statements);

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(ii)              
 subject to the proviso at the end of this definition, consent to actions and releases related to condemnation of parcels of a
Mortgaged Property;

(iii)               other
than with respect to a Non-Specially Serviced Loan secured by a residential cooperative property, any requests for the funding or disbursement
of amounts from any escrow accounts, reserve funds or letters of credit held as “performance”, “earn-out”, “holdback”
or similar escrows or reserves, including the funding or disbursement of any such amounts with respect to any Mortgage Loan, but excluding,
as to Mortgage Loans that are not Specially Serviced Loans, any routine and/or customary escrow and reserve fundings or disbursements
for which the satisfaction of performance-related criteria or lender discretion is not required or permitted pursuant to the terms of
the related Mortgage Loan documents (for the avoidance of doubt, any request with respect to a Mortgage Loan that is not a Specially
Serviced Loan for Routine Disbursements or any other funding or disbursement as mutually agreed upon by the applicable Master Servicer
and the applicable Special Servicer, will not constitute a Special Servicer Decision; provided, that in the case of any such Mortgage
Loan (other than with respect to a Non-Specially Serviced Loan that is secured by a residential cooperative property) whose escrows,
reserves, holdbacks and related letters of credit exceed, in the aggregate, at the related origination date, 10% of the initial principal
balance of such Mortgage Loan including any related Companion Loan (which Mortgage Loans are identified on Schedule 3 hereto),
no such funding or disbursement of such escrows, reserves, holdbacks or letters of credit shall be deemed to constitute a Routine Disbursement,
and shall instead constitute Special Servicer Decisions, except for the routine funding of tax payments and insurance premiums when due
and payable and except for any such funding or disbursement as to which the related Mortgage Loan documents do not provide for lender
discretion);

(iv)               other
than any request with respect to a residential cooperative property that constitutes a Master Servicer Decision pursuant to clause (xiv)
of the definition of “Master Servicer Decision”, requests to incur additional debt in accordance with the terms of the Mortgage
Loan documents;

(v)              
subject to the proviso at the end of this definition, any approval or consent to grants of easements or rights of way (including,
without limitation, for utilities, access, parking, public improvements or another purpose) or subordination of the lien of the Mortgage
Loan to easements, that materially affect the use or value of a Mortgaged Property or a Mortgagor’s ability to make payments with
respect to the related Mortgage Loan or any related Companion Loan;

(vi)               determining
whether to cure any default by a Mortgagor under a Ground Lease or permit any Ground Lease modification, amendment or subordination,
nondisturbance and attornment agreement or entry into a new Ground Lease; and

(vii)             other
than with respect to a Ground Lease, any modification, waiver or amendment of any lease, the execution of a new lease or the granting
of a

    	 	-135-	 

    

    

subordination, non-disturbance and attornment
agreement in connection with any lease at a Mortgaged Property or REO Property if the lease affects an area greater than the lesser of
(1) 30% of the net rentable area of the improvements at the Mortgaged Property and (2) 30,000 square feet of the improvements at the Mortgaged
Property; provided that the applicable Special Servicer shall reach a decision on any such Special Servicer Decision within twenty (20)
Business Days of its receipt from the Mortgagor of all information reasonably requested by the applicable Special Servicer in order to
process the Special Servicer Decision (such twenty (20) Business Days being inclusive of the five (5) Business Day period within which
the Directing Certificateholder is required to grant or withhold its consent);

provided
that, with respect to a Non-Specially Serviced Loan, if the applicable Special Servicer determines (a) with respect to clause (ii) above,
that a condemnation is not with respect to a material parcel or a material income producing parcel and that such condemnation does not
materially affect the use or value of the related Mortgaged Property or the ability of the related Mortgagor to pay amounts due in respect
of the related Mortgage Loan or Companion Loan when due, or (b) with respect to clause (v) above that an easement or right of way will
not materially affect the use or value of a Mortgaged Property or a Mortgagor’s ability to make payments with respect to the related
Mortgage Loan or any related Companion Loan, it shall provide written notice of such determination to the Master Servicer, in which case,
the Master Servicer shall process such decision and such decision shall be deemed to be a Master Servicer Decision not a Special Servicer
Decision; provided, further, that the applicable Special Servicer shall make any such determination and provide any such notice within
two (2) Business Days of its receipt of a request related to any such decision.

“Special
Servicing Fee”: With respect to each Specially Serviced Loan and REO Loan (other than a Non-Serviced Mortgage Loan), the
fee payable to the related Special Servicer pursuant to Section 3.11(b).

“Special Servicing
Fee Rate”: With respect to each Specially Serviced Loan and each REO Loan (other than a Non-Serviced Mortgage Loan) on a loan
by loan basis, (a) with respect to the Special Servicer with respect to Mortgage Loans other than the NCB Mortgage Loans, the greater
of (i) a per annum rate of 0.25000% and (ii) the per annum rate that would result in a Special Servicing Fee for the related
month of $5,000, and (b) with respect to the Special Servicer with respect to NCB Mortgage Loans, the greater of 0.25000% and the per
annum rate that would result in a Special Servicing Fee of $2,500 for the related month.

“Specially Serviced
Loan”: As defined in Section 3.01(a).

“Sponsors”:
The Mortgage Loan Sellers.

“Startup Day”:
The day designated as such in Section 10.01(b).

“Stated Principal
Balance”: With respect to any Mortgage Loan, as of any date of determination, an amount equal to (x) the Cut-off Date Balance
of such Mortgage Loan (or in the

    	 	-136-	 

    

    

case of a Qualified Substitute Mortgage Loan,
as of the date it is added to the Trust, the unpaid principal balance of such Mortgage Loan after application of all scheduled payments
of principal and interest due during or prior to the month of substitution, whether or not received) minus (y) the sum of:

(i)               
the principal portion of each Periodic Payment due on such Mortgage Loan after the Cut-off Date (or in the case of a Qualified
Substitute Mortgage Loan, due after the Due Date in the related month of substitution), to the extent received from the Mortgagor or advanced
by the applicable Master Servicer;

(ii)              
all Principal Prepayments received with respect to such Mortgage Loan after the Cut-off Date (or in the case of a Qualified
Substitute Mortgage Loan, after the Due Date in the related month of substitution);

(iii)               the
principal portion of all Insurance and Condemnation Proceeds (to the extent allocable to principal on such Mortgage Loan) and Liquidation
Proceeds received with respect to such Mortgage Loan after the Cut-off Date (or in the case of a Qualified Substitute Mortgage Loan,
after the Due Date in the related month of substitution); and

(iv)               any
reduction in the outstanding principal balance of such Mortgage Loan resulting from a Deficient Valuation or a modification of such Mortgage
Loan pursuant to the terms and provisions of this Agreement that occurred prior to the end of the Collection Period for the most recent
Distribution Date.

With respect to any REO Loan
that is a successor to a Mortgage Loan (but excluding any related Companion Loan), as of any date of determination, the Stated Principal
Balance shall be an amount equal to (x) the Stated Principal Balance of the predecessor Mortgage Loan as of the date of the related
REO Acquisition, minus (y) the sum of:

(i)                 
the principal portion of any P&I Advance made with respect to such REO Loan; and

(ii)                  the
principal portion of all Insurance and Condemnation Proceeds (to the extent allocable to principal on the related Mortgage Loan), Liquidation
Proceeds and REO Revenues received with respect to such REO Loan (but excluding any related Companion Loan).

A Mortgage Loan or an REO
Loan that is a successor to a Mortgage Loan (but excluding any related Companion Loan) shall be deemed to be part of the Trust Fund and
to have an outstanding Stated Principal Balance until the Distribution Date on which the payments or other proceeds, if any, received
in connection with a Liquidation Event in respect thereof are to be (or, if no such payments or other proceeds are received in connection
with such Liquidation Event, would have been) distributed to Certificateholders.

With respect to each Companion
Loan on any date of determination, the Stated Principal Balance shall equal the unpaid principal balance of such Companion Loan as of
such date. On any date of determination, the Stated Principal Balance of each Whole Loan shall equal

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the sum of the Stated Principal Balances of
the related Mortgage Loan and the related Companion Loan(s), as applicable, on such date.

With respect to any REO Loan
that is a successor to a Companion Loan as of any date of determination, the Stated Principal Balance shall equal (x) the Stated
Principal Balance of the predecessor Companion Loan as of the date of the related REO Acquisition, minus (y) the principal
portion of any amounts allocable to the related Companion Loan in accordance with the related Intercreditor Agreement.

With respect to any Mortgage
Loan or REO Loan that is paid in full or any Mortgage Loan or REO Loan (or REO Property) liquidated, as of the first Distribution Date
that follows the end of the Collection Period during which payments or other proceeds are received in connection with a Liquidation Event
with respect to such Mortgage Loan or REO Loan (or REO Property), as applicable, notwithstanding that a loss may occur in connection with
such Liquidation Event, the Stated Principal Balance of the Mortgage Loan or REO Loan shall be zero.

“Subcontractor”:
Any vendor, subcontractor or other Person that is not responsible for the overall servicing (as “servicing” is commonly understood
by participants in the CMBS market) of Mortgage Loans but performs one or more discrete functions identified in Item 1122(d) of Regulation AB
with respect to Mortgage Loans under the direction or authority of a Master Servicer, a Special Servicer, the Operating Advisor, an Additional
Servicer or a Sub-Servicer.

“Subject Loan”:
As defined in Section 12.02(b).

“Subordinate Certificate”:
Any Class A-S Exchangeable Certificate, Class B Exchangeable Certificate, Class C Exchangeable Certificate, Class D,
Class E, Class F, Class G or Class H Certificate.

“Subordinate Companion
Holder”: The holder of any AB Subordinate Companion Loan.

“Sub-Servicer”:
Any Person that services Mortgage Loans on behalf of a Master Servicer, a Special Servicer or an Additional Servicer and is responsible
for the performance (whether directly or through Sub-Servicers or Subcontractors) of a substantial portion of the material servicing
functions required to be performed by such Master Servicer, such Special Servicer or an Additional Servicer under this Agreement, with
respect to some or all of the Mortgage Loans that are identified in Item 1122(d) of Regulation AB.

“Sub-Servicing
Agreement”: The written contract between a Master Servicer or a Special Servicer, as the case may be, and any Sub-Servicer
relating to servicing and administration of Mortgage Loans as provided in Section 3.20.

“Substitution Shortfall
Amount”: With respect to a substitution pursuant to Section 2.03(b), an amount equal to the excess, if any, of the
Purchase Price of the Mortgage Loan being replaced calculated as of the date of substitution over the Stated Principal Balance of the
related Qualified Substitute Mortgage Loan after application of all scheduled payments of principal and interest due during or prior to
the month of substitution. In the event that one or more Qualified Substitute Mortgage Loans are substituted (at the same time by the
same Mortgage

    	 	-138-	 

    

    

Loan Seller) for one or more removed Mortgage
Loans, the Substitution Shortfall Amount shall be determined as provided in the preceding sentence on the basis of the aggregate Purchase
Prices of the Mortgage Loan(s) being replaced and the aggregate Stated Principal Balances of the related Qualified Substitute Mortgage
Loan(s).

“Surrendered Classes”:
As defined in Section 5.11(c).

“Surviving Entity”:
As defined in Section 6.03(b).

“Tax Returns”:
The federal income tax returns on (i) Internal Revenue Service Form 1066, U.S. Real Estate Mortgage Investment Conduit (REMIC)
Income Tax Return, including Schedule Q thereto, Quarterly Notice to Residual Interest Holders of REMIC Taxable Income or Net Loss
Allocation, or any successor forms, to be filed on behalf of each Trust REMIC due to its respective classification as a REMIC under the
REMIC Provisions and (ii) Internal Revenue Service Form 1041 or Internal Revenue Service Form 1099, as applicable, or any successor forms
to be filed on behalf of the Grantor Trust, together with any and all other information, reports or returns that may be required to be
furnished to the Certificateholders or filed with the Internal Revenue Service or any other governmental taxing authority under any applicable
provisions of federal tax law or Applicable State and Local Tax Law.

“Temporary Regulation S
Book-Entry Certificate”: As defined in Section 5.02(a).

“Termination Purchase
Amount”: The sum of (1) the aggregate Purchase Price of all the Mortgage Loans (exclusive of REO Loans) then included in the
Trust, (2) the appraised value of the Trust’s portion of all REO Properties then included in the Trust (which fair market value
for any REO Property may be less than the Purchase Price for the corresponding REO Loan), as determined by an appraiser selected by the
applicable Special Servicer and approved by the applicable Master Servicer and the Controlling Class and (3) if the Mortgaged Property
secures a Non-Serviced Mortgage Loan and is an REO Property under the terms of the related Non-Serviced PSA, the pro rata
portion of the fair market value of the related property, as determined by the related Non-Serviced Master Servicer in accordance with
clause (2) above.

“Test”:
As defined in Section 12.01(b)(iv).

“Transaction Parties”:
As defined in Section 5.03(r).

“Transfer”:
Any direct or indirect transfer, sale, pledge, hypothecation, or other form of assignment of any Ownership Interest in a Certificate.

“Transferable Servicing
Interest”: With respect to each Mortgage Loan or Serviced Pari Passu Companion Loan (and any successor REO Loan with respect
thereto), the amount by which the related Servicing Fee otherwise payable to the applicable Master Servicer hereunder exceeds the sum
of (i) the fee payable to the applicable Master Servicer as the portion of the Servicing Fee attributable to primary servicing and (ii)
the amount of the Servicing Fee calculated using the Retained Fee Rate, which Transferable Servicing Interest is subject to reduction
by the Trustee pursuant to Section 3.11(a) of this Agreement. The Transferable Servicing Interest with respect to each Mortgage
Loan is (A) with respect to each NCB Mortgage Loan, six (6) basis points, and (B) with respect to each Mortgage Loan (other than the NCB
Mortgage Loans), zero.

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“Transferee”:
Any Person who is acquiring by Transfer any Ownership Interest in a Certificate.

“Transferee Affidavit”:
As defined in Section 5.03(o)(ii).

“Transferor”:
Any Person who is disposing by Transfer any Ownership Interest in a Certificate.

“Transferor Letter”:
As defined in Section 5.03(o)(ii).

“Trust”:
The trust created hereby and to be administered hereunder. The Trust shall be named: “BANK 2022-BNK41”.

“Trust Fund”:
The corpus of the Trust created hereby and to be administered hereunder, consisting of: (i) such Mortgage Loans as from time to time
are subject to this Agreement (including any Qualified Substitute Mortgage Loan replacing a removed Mortgage Loan), together with the
Mortgage Files relating thereto (subject to, in the case of a Serviced Whole Loan, the interests of the related Serviced Companion Noteholder
in the related Mortgage File); (ii) all scheduled or unscheduled payments on or collections in respect of the Mortgage Loans due
after the Cut-off Date (or with respect to a Qualified Substitute Mortgage Loan, the Due Date in the month of substitution); (iii) any
REO Property (to the extent of the Trust’s interest therein) or the Trust’s beneficial interest in the Mortgaged Property
securing a Non-Serviced Whole Loan acquired under the related Non-Serviced PSA; (iv) all revenues received in respect of any
REO Property (to the extent of the Trust’s interest therein); (v) the applicable Master Servicer’s, the applicable Special
Servicer’s, the Certificate Administrator’s and the Trustee’s rights under the insurance policies with respect to the
Mortgage Loans required to be maintained pursuant to this Agreement and any proceeds thereof (to the extent of the Trust’s interest
therein); (vi) any Assignment of Leases and any security agreements (to the extent of the Trust’s interest therein); (vii) any
letters of credit, indemnities, guaranties or lease enhancement policies given as additional security for any related Mortgage Loans (to
the extent of the Trust’s interest therein); (viii) all assets deposited in the Loss of Value Reserve Fund and the Servicing
Accounts (to the extent of the Trust’s interest therein), amounts on deposit in each applicable Collection Account (to the extent
of the Trust’s interest therein), the Lower-Tier REMIC Distribution Account, the Upper-Tier REMIC Distribution Account,
the Excess Interest Distribution Account, the Interest Reserve Account, the Gain-on-Sale Reserve Account (to the extent of the
Trust’s interest in such Gain-on-Sale Reserve Account), the Retained Certificate Gain-on-Sale Reserve Account (to
the extent of the Trust’s interest in such Retained Certificate Gain-on-Sale Reserve Account) and any REO Account (to the
extent of the Trust’s interest in such REO Account), including any reinvestment income, as applicable; (ix) any Environmental
Indemnity Agreements (to the extent of the Trust’s interest therein); (x) the rights and remedies of the Depositor under each
Mortgage Loan Purchase Agreement (to the extent transferred to the Trustee); (xi) the Lower-Tier Regular Interests; and (xii) the
proceeds of the foregoing (other than any interest earned on deposits in the lock-box accounts, cash collateral accounts, escrow accounts
and any reserve accounts, to the extent such interest belongs to the related Mortgagor). For the avoidance of doubt, no Retained Defeasance
Rights and Obligations will be an asset of the Trust.

“Trust-Related Litigation”:
As defined in Section 3.32.

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“Trust REMIC”:
As defined in the Preliminary Statement.

“Trustee”:
Wilmington Trust, National Association, or its successor in interest, in its capacity as trustee and its successors in interest, or any
successor trustee appointed as herein provided.

“Trustee Fee”:
The fee to be paid to the Trustee as compensation for the Trustee’s activities under this Agreement, which fee is included as part
of the Certificate Administrator Fee. No portion of the Trustee Fee shall be calculated by reference to any Companion Loan or the Stated
Principal Balance of any Companion Loan. The Trustee Fee shall be equal to $290 per month and shall be paid as a portion of the Certificate
Administrator Fee.

“UCC”:
The Uniform Commercial Code, as enacted in each applicable state.

“UCC Financing Statement”:
A financing statement prepared and filed pursuant to the UCC, as in effect in the relevant jurisdiction.

“UCI Research Park
Phases 12 & 13 Intercreditor Agreement”: The Agreement Between Note Holders, dated as of February 4, 2022, by and between
the holders of the respective promissory notes evidencing the UCI Research Park Phases 12 & 13 Whole Loan, relating to the relative
rights of such holders, as the same may be further amended in accordance with the terms thereof.

“UCI Research Park
Phases 12 & 13 Mortgage Loan”: With respect to the UCI Research Park Phases 12 & 13 Whole Loan, the Mortgage Loan that
is included in the Trust (identified as Mortgage Loan No. 7 on the Mortgage Loan Schedule), which is evidenced by promissory note A-2.

“UCI Research Park
Phases 12 & 13 Mortgaged Property”: The Mortgaged Property that secures the UCI Research Park Phases 12 & 13 Whole Loan.

“UCI Research Park
Phases 12 & 13 Pari Passu Companion Loans”: With respect to the UCI Research Park Phases 12 & 13 Whole Loan, as of the
Closing Date, the pari passu companion loans evidenced by the related promissory notes A-1 and A-3 made by the related Mortgagor
and secured by the Mortgage on the UCI Research Park Phases 12 & 13 Mortgaged Property, which are not included in the Trust and which
are pari passu in right of payment to the UCI Research Park Phases 12 & 13 Mortgage Loan to the extent set forth in the related
Mortgage Loan documents and as provided in the UCI Research Park Phases 12 & 13 Intercreditor Agreement.

“UCI Research Park
Phases 12 & 13 Whole Loan”: The UCI Research Park Phases 12 & 13 Mortgage Loan together with the UCI Research Park Phases
12 & 13 Pari Passu Companion Loans, each of which is secured by the same Mortgage on the UCI Research Park Phases 12 & 13 Mortgaged
Property. References herein to the UCI Research Park Phases 12 & 13 Whole Loan shall be construed to refer to the aggregate indebtedness
under the UCI Research Park Phases 12 & 13 Mortgage Loan and the UCI Research Park Phases 12 & 13 Pari Passu Companion Loans.

    	 	-141-	 

    

    

“Uncovered Amount”:
With respect to any Master Servicer’s Collection Account, any additional trust fund expense, Nonrecoverable Advance or other item
that would be payable or reimbursable out of general funds (as opposed to a specific source of funds) in such Collection Account pursuant
to this Agreement, but which cannot be so paid or reimbursed because such general funds are insufficient to cover such payment or reimbursement;
provided, that any such additional trust fund expense, Nonrecoverable Advance or other item shall be an Uncovered Amount only to the extent
that such general funds are insufficient to cover the payment or reimbursement thereof.

“Underwriters”:
Morgan Stanley & Co. LLC, BofA Securities, Inc., Wells Fargo Securities, LLC, Academy Securities, Inc. and Drexel Hamilton,
LLC.

“Uninsured Cause”:
Any cause of damage to property subject to a Mortgage such that the complete restoration of such property is not fully reimbursable by
the hazard insurance policies or flood insurance policies required to be maintained pursuant to Section 3.07.

“United States Securities
Person”: Any “U.S. person” as defined in Rule 902(k) of Regulation S.

“Unliquidated Advance”:
Any Advance previously made by a party hereto that has been previously reimbursed, as between the Person that made the Advance hereunder,
on the one hand, and the Trust, on the other, as part of a Workout-Delayed Reimbursement Amount pursuant to subsections (iii)
and (iv) of Section 3.05(a) but that has not been recovered from the Mortgagor or otherwise from collections on or
the proceeds of the related Mortgage Loan or REO Property in respect of which the Advance was made.

“Unscheduled Principal
Distribution Amount”: With respect to any Distribution Date and the Mortgage Loans, the aggregate of the following: (a) all
Principal Prepayments received on such Mortgage Loan on or prior to the Determination Date and (b) the principal portions of all
Liquidation Proceeds, Insurance and Condemnation Proceeds (net of Special Servicing Fees, Liquidation Fees, accrued interest on Advances
and other additional expenses of the Trust incurred in connection with the related Mortgage Loan) and, if applicable, REO Revenues received
with respect to such Mortgage Loan and any REO Loans (but excluding any related Companion Loans) on or prior to the related Determination
Date, but in each case only to the extent that such principal portion represents a recovery of principal for which no advance was previously
made pursuant to Section 4.03 in respect of a preceding Distribution Date.

“Unsolicited Information”:
As defined in Section 12.01(b)(iii).

“Upper-Tier
Regular Interests”: As defined in the Preliminary Statement.

“Upper-Tier
REMIC”: One of the REMICs comprising the Trust, the assets of which consist of the Lower-Tier Regular Interests and such amounts
as shall from time to time be held in the Upper-Tier REMIC Distribution Account.

“Upper-Tier
REMIC Distribution Account”: The segregated account or accounts (or a subaccount of the Distribution Account) created and maintained
by the Certificate Administrator (on behalf of the Trustee) pursuant to Section 3.04(b) in trust for the

    	 	-142-	 

    

    

Certificateholders, which shall initially be
entitled “Computershare Trust Company, National Association, as Certificate Administrator, on behalf of Wilmington Trust, National
Association, as Trustee, for the benefit of the registered holders of BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates,
Series 2022-BNK41, Upper-Tier REMIC Distribution Account”. Any such account or accounts shall be an Eligible Account.

“U.S. Dollars”
or “$”: Lawful money of the United States of America.

“U.S. Tax Person”:
A citizen or resident of the United States, a corporation or partnership (except to the extent provided in applicable Treasury Regulations)
or other entity created or organized in, or under the laws of, the United States, any State thereof or the District of Columbia, including
any entity treated as a corporation or partnership for federal income tax purposes, an estate whose income is subject to United States
federal income tax regardless of its source or a trust if a court within the United States is able to exercise primary supervision over
the administration of such trust, and one or more such U.S. Tax Persons have the authority to control all substantial decisions of such
trust (or, to the extent provided in applicable Treasury Regulations, certain trusts in existence on August 20, 1996 that have elected
to be treated as U.S. Tax Persons).

“Voting Rights”:
The portion of the voting rights of all of the Certificates which is allocated to any Certificate. At all times during the term of this
Agreement, the Voting Rights shall be allocated among the various Classes of Certificateholders as follows: (i) 2% in the case of
the Class X Certificates (allocated pro rata, based upon their respective Notional Amounts as of the date of determination)
and (ii) in the case of the Principal Balance Certificates (other than the RR Interest), a percentage equal to the product of 98%
and a fraction, the numerator of which is equal to the Certificate Balance (and solely in connection with any vote for purposes of determining
whether to remove the applicable Special Servicer pursuant to Section 7.01(d) or the Operating Advisor pursuant to Section 3.26(j),
taking into account any notional reduction in the Certificate Balance for Cumulative Appraisal Reduction Amounts allocated to the Certificates
pursuant to Section 4.05(a)) of such Class, in each case, determined as of the Distribution Date immediately preceding such
time, and the denominator of which is equal to the aggregate Certificate Balance (and solely in connection with any vote for purposes
of determining whether to remove the applicable Special Servicer pursuant to Section 7.01(d) or the Operating Advisor pursuant
to Section 3.26(j), taking into account any notional reduction in the Certificate Balance for Cumulative Appraisal Reduction
Amounts allocated to the Certificates pursuant to Section 4.05(a)) of the Principal Balance Certificates (other than the RR
Interest), determined as of the Distribution Date immediately preceding such time. None of the Class R or Class V Certificates or
RR Interest will be entitled to any Voting Rights.

“Weighted Average
Net Mortgage Rate”: With respect to any Distribution Date, the weighted average of the applicable Net Mortgage Rates of the
Mortgage Loans (including any Non-Serviced Mortgage Loans) as of the first day of the related Collection Period, weighted on the basis
of their respective Stated Principal Balances immediately following the preceding Distribution Date (or, in the case of the initial Distribution
Date, as of the Closing Date).

“WFCM 2022-JS2 TSA”:
The trust and servicing agreement, dated and effective as of January 27, 2022, between Wells Fargo Commercial Mortgage Securities, Inc.,
as depositor, Wells Fargo Bank, National Association, as servicer, Situs Holdings, LLC, as special servicer,

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Computershare Trust Company, N.A., as certificate
administrator and trustee, and Park Bridge Lender Services LLC, as operating advisor, as from time to time amended, supplemented or modified.

“WHFIT”:
A “Widely Held Fixed Investment Trust” as that term is defined in Treasury Regulations Section 1.671-5(b)(22) or successor
provisions.

“WHFIT Regulations”:
Treasury Regulations Section 1.671-5, as amended or successor provisions.

“WHMT”:
A “Widely Held Mortgage Trust” as that term is defined in Treasury Regulations Section 1.671-5(b)(23) or successor provisions.

“Whole Loan”:
Any of (i) the Constitution Center Whole Loan, (ii) the Dallas Design District Whole Loan, (iii) the Life Science Office Portfolio
Whole Loan, (iv) the 601 Lexington Avenue Whole Loan, (v) the UCI Research Park Phases 12 & 13 Whole Loan, (vi) the Norfolk Premium
Outlets Whole Loan, (vii) the Shearer’s Industrial Portfolio Whole Loan, (viii) the Journal Squared Tower 2 Whole Loan, (ix) the
ExchangeRight Net Leased Portfolio #54 Whole Loan, (x) the Silver Sands Premium Outlets Whole Loan and (xi) the ILPT Logistics Portfolio
Whole Loan.

“Withheld Amounts”:
As defined in Section 3.21(a).

“Workout-Delayed
Reimbursement Amounts”: With respect to any Mortgage Loan, the amount of any Advances made with respect to such Mortgage Loan
on or before the date such Mortgage Loan becomes (or, but for the making of three (3) Periodic Payments under its modified terms, would
then constitute) a Corrected Loan, together with (to the extent accrued and unpaid) interest on such Advances, to the extent that (i) such
Advance (and accrued and unpaid interest thereon) is not reimbursed to the Person who made such Advance on or before the date, if any,
on which Mortgage Loan becomes a Corrected Loan and (ii) the amount of such Advance (and accrued and unpaid interest thereon) becomes
an obligation of the related Mortgagor to pay such amount under the terms of the modified loan documents. That any amount constitutes
all or a portion of any Workout-Delayed Reimbursement Amount shall not in any manner limit the right of any Person hereunder to determine
in the future that such amount instead constitutes a Nonrecoverable Advance.

“Workout Fee”:
The fee paid to the applicable Special Servicer with respect to each Corrected Loan in accordance with Section 3.11(c).

“Workout Fee Rate”:
With respect to each Corrected Loan and in accordance with Section 3.11(c), a fee of 1.00% (or, with respect to the 1600 Broadway
Mortgage Loan, 0.50%) of each collection (other than Penalty Charges and Excess Interest) of interest and principal (other than any amount
for which a Liquidation Fee would be paid), including (i) Periodic Payments, (ii) Balloon Payments, (iii) Principal Prepayments
and (iv) payments (other than those included in clause (i) or (ii) of this definition) at maturity or on the Anticipated
Repayment Date, received on each Corrected Loan for so long as it remains a Corrected Loan.

“XML”:
Extensible Markup Language.

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“Yield Maintenance
Charge”: With respect to any Mortgage Loan, any premium, fee or other additional amount paid or payable, as the context requires,
by a Mortgagor in connection with a principal prepayment on, or other early collection of principal of, a Mortgage Loan, calculated, in
whole or in part, pursuant to a yield maintenance formula or otherwise pursuant to a formula that reflects the lost interest, including
any specified amount or specified percentage of the amount prepaid which constitutes the minimum amount that such Yield Maintenance Charge
may be.

Section 1.02       
Certain Calculations. Unless otherwise specified herein, for purposes of determining amounts with respect to the Certificates
and the rights and obligations of the parties hereto, the following provisions shall apply:

(i)             All
calculations of interest (other than as provided in the related Mortgage Loan documents) provided for herein shall be made on the basis
of a three hundred-sixty (360) day year consisting of twelve (12) 30-day months.

(ii)            Any
Mortgage Loan or Companion Loan payment is deemed to be received on the date such payment is actually received by the applicable Master
Servicer or the applicable Special Servicer; provided, however, that for purposes of calculating distributions on the Certificates,
Principal Prepayments with respect to any Mortgage Loan are deemed to be received on the date they are applied in accordance with the
Servicing Standard consistent with the terms of the related Mortgage Note and Mortgage to reduce the outstanding principal balance of
such Mortgage Loan, on which interest accrues.

(iii)          Any
reference to the Certificate Balance of any Class of Principal Balance Certificates on or as of a Distribution Date shall refer to the
Certificate Balance of such Class of Principal Balance Certificates on such Distribution Date after giving effect to (a) any distributions
made on such Distribution Date pursuant to Section 4.01(a) or Section 4.01(b), as applicable, and Section
4.01(c), (b) any Realized Losses or Retained Certificate Realized Losses, as applicable, allocated to such Class of Principal
Balance Certificates on that Distribution Date pursuant to Section 4.04, and (c) any recoveries on the related Mortgage
Loans of Nonrecoverable Advances (plus interest thereon) that were previously reimbursed from principal collections on the related Mortgage
Loans, that resulted in a reduction of the Principal Distribution Amount or the Retained Certificate Principal Distribution Amount, as
applicable, which recoveries are allocated to such Class of Principal Balance Certificates, and added to the Certificate Balance pursuant
to Section 4.04(a).

(iv)          Unless
otherwise specifically provided for herein, all net present value calculations and determinations made with respect to a Mortgage Loan,
Serviced Companion Loan, Mortgaged Property or REO Property (including for purposes of the definition of “Servicing Standard”)
shall be made, in the event the Mortgage Loan documents are silent, using a discount rate (a) for principal and interest payments
on a Mortgage Loan, Serviced Companion Loan, as applicable, or sale by the applicable Special Servicer of a Defaulted Loan, the highest
of (x) the rate determined by the applicable Master Servicer or the applicable Special Servicer, as applicable, that approximates
the market rate that would be obtainable by the related Mortgagor on similar non-defaulted

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debt of such Mortgagor as of such date
of determination, (y) the Mortgage Rate on the applicable Mortgage Loan or Serviced Companion Loan based on its outstanding principal
balance and (z) the yield on 10-year U.S. treasuries as of such date of determination, and (b) for all other cash flows, including
property cash flow, the “discount rate” set forth in the most recent Appraisal (or update of such Appraisal) of the related
Mortgaged Property.

(v)           Any
reference to “expense of the trust” or “additional trust fund expense” or words of similar import shall be construed
to mean, for any Serviced Mortgage Loan, an expense that shall be applied in accordance with the related Intercreditor Agreement or,
if no application is specified in the related Intercreditor Agreement, then, to the extent such Intercreditor Agreement refers to this
Agreement for the application of trust fund expenses or such Intercreditor Agreement does not prohibit the following application of trust
fund expenses (i) with respect to any Serviced Pari Passu Whole Loan, pro rata and pari passu, to the Trust and
Serviced Pari Passu Companion Loans in accordance with the respective outstanding principal balances of the related Serviced Pari Passu
Mortgage Loan and Serviced Pari Passu Companion Loans or (ii) with respect to any Serviced AB Whole Loan, first, to the
related AB Subordinate Companion Loan and then, pro rata and pari passu, to the Trust and Serviced Pari Passu Companion
Loans in accordance with the respective outstanding principal balances of the related Serviced AB Mortgage Loan and Serviced Pari Passu
Companion Loans.

[End of Article I]

Article II

CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF CERTIFICATES

Section 2.01       
Conveyance of Mortgage Loans. (a) The Depositor, concurrently with
the execution and delivery hereof, does hereby establish a trust, appoint the Trustee as trustee of the trust, assign, sell, transfer
and convey to the Trustee, in trust, without recourse, for the benefit of the Certificateholders and the Trustee (as holder of the Lower-Tier
Regular Interests) all the right, title and interest of the Depositor, whether now owned or existing or hereafter acquired or arising,
including any security interest therein for the benefit of the Depositor, in, to and under (i) the Mortgage Loans identified on the
Mortgage Loan Schedule, (ii) Sections 2, 3, 4 (other than Section 4(c), (d), (e) and (g)) and 5 (other than Section 5(f),
(g), (h) and (i)) and, to the extent related to the foregoing, Sections 9, 10, 11, 12, 13, 14, 15, 17 and 18 of each of the Mortgage
Loan Purchase Agreements; (iii) the Intercreditor Agreements; (iv) all scheduled or unscheduled payments on or collections in
respect of the Mortgage Loans due after the Cut-off Date (or with respect to a Qualified Substitute Mortgage Loan, the Due Date in the
month of substitution); (v) any REO Property (to the extent of the Depositor’s interest therein) or the Depositor’s beneficial
interest in the Mortgaged Property securing a Non-Serviced Whole Loan acquired under the related Non-Serviced PSA; (vi) all revenues
received in respect of any REO Property (to the extent of the Depositor’s interest therein); (vii) the applicable Master Servicer’s,
the applicable Special Servicer’s, the Certificate Administrator’s and the Trustee’s rights under the insurance policies
with respect to the Mortgage Loans required to be maintained pursuant to this Agreement and any proceeds thereof (to the extent of the
Depositor’s interest therein); (viii) any Assignment

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of Leases and any security agreements (to the
extent of the Depositor’s interest therein); (ix) any letters of credit, indemnities, guaranties or lease enhancement policies
given as additional security for any related Mortgage Loans (to the extent of the Depositor’s interest therein); (x) all assets
deposited in the Loss of Value Reserve Fund and the Servicing Accounts (to the extent of the Depositor’s interest therein), amounts
on deposit in each applicable Collection Account (to the extent of the Depositor’s interest therein), the Lower-Tier REMIC Distribution
Account, the Upper-Tier REMIC Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the Gain-on-Sale
Reserve Account (to the extent of the Depositor’s interest in such Gain-on-Sale Reserve Account), the Retained Certificate Gain-on-Sale
Reserve Account (to the extent of the Depositor’s interest in such Retained Certificate Gain-on-Sale Reserve Account) and any REO
Account (to the extent of the Depositor’s interest in such REO Account), including any reinvestment income, as applicable; (xi) any
Environmental Indemnity Agreements (to the extent of the Depositor’s interest therein); (xii) the rights and remedies of the
Depositor under each Mortgage Loan Purchase Agreement (to the extent not covered by clause (ii) above); (xiii) the Lower-Tier
Regular Interests; (xiv) with respect to the Exchangeable Certificates, each of the Exchangeable Upper-Tier Regular Interests; and (xv) the
proceeds of the foregoing (other than any interest earned on deposits in the lock-box accounts, cash collateral accounts, escrow accounts
and any reserve accounts, to the extent such interest belongs to the related Mortgagor, and any Retained Defeasance Rights and Obligations
with respect to the Mortgage Loans) (collectively, the “Conveyed Property”). Such assignment includes all interest
and principal received or receivable on or with respect to the Mortgage Loans (in each case, other than (i) payments of principal
and interest due and payable on the Mortgage Loans on or before the Cut-off Date; (ii) prepayments of principal collected on
or before the Cut-off Date; and (iii) with respect to those Mortgage Loans that were closed in May 2022 but have their first
Due Date after May 2022, any interest amounts relating to the period prior to the Cut-off Date). The transfer of the Mortgage Loans
and the related rights and property accomplished hereby is absolute and, notwithstanding Section 13.07, is intended by the
parties to constitute a sale. In connection with the assignment to the Trustee of Sections 2, 3, 4 (other than Section 4(c),
(d) and (f)) and 5 (other than Section 5(f), (g), (h) and (i)) and, to the extent related to the foregoing, Sections 9, 10,
11, 12, 13, 14, 15, 17 and 18 of each of the Mortgage Loan Purchase Agreements, it is intended that the Trustee get the benefit of Sections 10,
13 and 15 thereof in connection with any exercise of rights under the assigned Sections, and the Depositor shall use its best efforts
to make available to the Trustee the benefits of Sections 10, 13 and 15 in connection therewith.

(b)              
In connection with the Depositor’s assignment pursuant to subsection (a) above, the Depositor shall direct, and
hereby represents and warrants that it has directed, the Mortgage Loan Sellers pursuant to the applicable Mortgage Loan Purchase Agreement
to deliver and deposit with, or cause to be delivered to and deposited with, the Custodian, (A) on or before the Closing Date, the Mortgage
Note relating to each Mortgage Loan so assigned, endorsed to the Trustee or in blank as specified in clause (i) of the definition
of “Mortgage File” (or, alternatively, if the original executed Mortgage Note has been lost, a lost note affidavit and indemnity
with a copy of such Mortgage Note as specified in clause (i) of the definition of “Mortgage File”) and (B) on or before
the date that is 45 days following the Closing Date, the remainder of the Mortgage File for each Mortgage Loan and, except in the case
of a Mortgage Loan that is a Non-Serviced Whole Loan as of the Closing Date, any other items required to be delivered or deposited by
the Mortgage Loan Seller pursuant to this Agreement (other than amounts from reserve accounts and originals of letters of credit, which
shall be transferred to the applicable Master Servicer) for each

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Mortgage Loan. If the applicable Mortgage Loan
Seller cannot deliver, or cause to be delivered, as to any Mortgage Loan, the original Mortgage Note, the delivery requirements of the
applicable Mortgage Loan Purchase Agreement and this Section 2.01(b) shall be deemed to have been satisfied upon such Mortgage
Loan Seller’s delivery of a copy or duplicate original of such Mortgage Note, together with an affidavit certifying that the original
thereof has been lost or destroyed and indemnifying the Trustee and the Trust. If the applicable Mortgage Loan Seller cannot deliver,
or cause to be delivered, as to any Mortgage Loan, any of the documents and/or instruments referred to in clauses (ii), (iv),
(vii) and (ix) of the definition of “Mortgage File” (or, if applicable, a copy thereof) with evidence of filing
or recording thereon (if intended to be recorded or filed), solely because of a delay caused by the public filing or recording office
where such document or instrument has been delivered, or will be delivered within ten (10) Business Days of the Closing Date, for filing
or recordation, the delivery requirements of the applicable Mortgage Loan Purchase Agreement and this Section 2.01(b) shall
be deemed to have been satisfied on a provisional basis as of the Closing Date as to such non-delivered document or instrument, and
such non-delivered document or instrument shall be deemed to have been included in the Mortgage File, if a duplicate original or a
photocopy of such non-delivered document or instrument (certified by the applicable public filing or recording office, the applicable
title insurance company or the applicable Mortgage Loan Seller to be a true and complete copy of the original thereof submitted or to
be submitted for filing or recording) is delivered to the Custodian on or before the date set forth herein, and either the original of
such non-delivered document or instrument, or a photocopy thereof (certified by the appropriate county recorder’s office or
the applicable title insurance company, in the case of the documents and/or instruments referred to in clause (ii) of the
definition of “Mortgage File”, to be a true and complete copy of the original thereof submitted for recording), with evidence
of filing or recording thereon, is delivered to the Custodian within one hundred-eighty (180) days of the Closing Date (or within
such longer period, not to exceed eighteen (18) months, after the Closing Date as the Custodian shall consent to as long as the applicable
Mortgage Loan Seller is, as certified in writing to the Trustee and the Custodian no less often than every ninety (90) days following
such 180–day period after the Closing Date, attempting in good faith to obtain from the appropriate public filing office or county
recorder’s office such original or photocopy). If the applicable Mortgage Loan Seller is required to, but cannot, deliver, or cause
to be delivered, as to any Mortgage Loan, any of the documents and/or instruments referred to in clauses (ii), (iv),
(vii), and (ix) (or, if applicable, a copy thereof) of the definition of “Mortgage File,” with evidence of filing
or recording thereon (if intended to be recorded or filed), for any other reason, including, without limitation, that such non-delivered
document or instrument has been lost or destroyed, the delivery requirements of the applicable Mortgage Loan Purchase Agreement and this
Section 2.01(b) shall be deemed to have been satisfied as to such non-delivered document or instrument, and such non-delivered
document or instrument shall be deemed to have been included in the Mortgage File, if a photocopy of such non-delivered document or
instrument (with evidence of filing or recording thereon and certified in the case of the documents and/or instruments referred to in
clause (ii) of the definition of “Mortgage File” by the appropriate county recorder’s office or the applicable
title insurance company to be a true and complete copy of the original thereof submitted for recording) is delivered to the Custodian
on or before the date set forth herein. Neither the Trustee nor any Custodian shall in any way be liable for any failure by any Mortgage
Loan Seller or the Depositor to comply with the delivery requirements of the related Mortgage Loan Purchase Agreement and this Section 2.01(b).
If, on the Closing Date as to any Mortgage Loan, subject to the next sentence,

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the applicable Mortgage Loan Seller is required
to, but cannot, deliver (in complete and recordable form or form suitable for filing or recording, if applicable) any one of the assignments
in favor of the Trustee referred to in clause (iii), clause (v), or clause (x) of the definition of
“Mortgage File” solely because of the unavailability of filing or recording information as to any existing document or instrument,
such Mortgage Loan Seller may provisionally satisfy the delivery requirements of the related Mortgage Loan Purchase Agreement and this
Section 2.01(b) with respect to such assignment by delivering with respect to such Mortgage Loan on the Closing Date an omnibus
assignment of such Mortgage Loan substantially in the form of Exhibit H; provided that all required original assignments
with respect to such Mortgage Loan (in fully complete and recordable form or form suitable for filing or recording, if applicable) are
delivered to the Custodian within one hundred-eighty (180) days after the Closing Date (or within such longer period, not to exceed
eighteen (18) months, which the Custodian shall consent to so long as the applicable Mortgage Loan Seller is, as certified in writing
to the Trustee and the Custodian no less often than every ninety (90) days following such 180–day period after the Closing Date,
attempting in good faith to obtain from the appropriate public filing office or county recorder’s office the applicable filing or
recording information as to the related document or instrument); and provided, further, that in the case of a Non-Serviced
Mortgage Loan, the delivery of any such assignments shall be subject to clause (e) and clause (f) of the first
proviso to the definition of “Mortgage File” herein. As to any Mortgage Loan, the related Mortgage Loan Seller or its agent
is responsible for recording or filing, as applicable, any one of the assignments in favor of the Trustee referred to in clause (iii),
clause (v), or clause (x) of the definition of “Mortgage File”, and such Mortgage Loan Seller may
provisionally satisfy the delivery requirements of the related Mortgage Loan Purchase Agreement and this Section 2.01(b) with
respect to such assignment by delivering to the Custodian with respect to such Mortgage Loan on the Closing Date a copy of such assignment
in the form sent for recording or filing or (except for recording or filing information not yet available) to be sent for recording or
filing; provided that an original or copy of such assignment (with evidence of recording or filing, as applicable, indicated thereon)
shall be delivered to the Custodian as contemplated by Section 2.01(c) of this Agreement. Notwithstanding anything herein
to the contrary, with respect to the delivery of a letter of credit in the manner described in clause (A) of clause (xii)
of the definition of “Mortgage File”, the applicable Mortgage Loan Seller shall be deemed to have satisfied the delivery requirements
of the related Mortgage Loan Purchase Agreement and this Section 2.01(b) by delivering to the Custodian within ten (10)
Business Days following the Closing Date with respect to any such letter(s) of credit a copy of such letter of credit, the transfer documentation
and such transmittal communication to the issuing bank indicating that such document has been delivered to the issuing bank for reissuance.
If a letter of credit is not in a form that would allow the applicable Master Servicer to draw on such letter of credit on behalf of the
Trust in accordance with the applicable terms thereof and/or of the related Mortgage Loan documents, the applicable Mortgage Loan Seller
shall deliver copies of the appropriate transfer or assignment documents to the Custodian promptly following receipt of written notification
thereof. If not otherwise paid by the related Mortgagor, the applicable Mortgage Loan Seller shall pay any transfer fee required in order
to transfer the beneficiary’s interest from such Mortgage Loan Seller to the applicable Master Servicer on behalf of the Trust as
required hereunder and shall cooperate with the reasonable requests of the applicable Master Servicer in connection with effectuating
a draw under any such letter of credit prior to the date such letter of credit is reissued to the applicable Master Servicer on behalf
of the Trust. Regardless of the manner of delivery, the related Mortgage Loan Seller is required pursuant to the related Mortgage Loan
Purchase Agreement to indemnify

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the Trust for any liabilities, charges, costs,
fees or other expenses accruing from the failure of such Mortgage Loan Seller to assign all rights in and to the letter of credit hereunder
including the right and power to draw on the letter of credit.

(c)              
Except in the case of a Non-Serviced Mortgage Loan, the related Mortgage Loan Seller is required at its sole cost and expense,
to itself, or to engage a third party to, put each Assignment of Mortgage, each assignment of Assignment of Leases and each assignment
of each UCC Financing Statement (collectively, the “Assignments” and, individually, “Assignment”)
relating to the Mortgage Loans conveyed by it under the applicable Mortgage Loan Purchase Agreement in proper form for filing or recording,
as applicable, and to submit such Assignments for filing or recording, as the case may be, in the applicable public filing or recording
office. On the Closing Date, the Mortgage Loan Sellers may deliver one (1) omnibus assignment for all such Mortgage Loans substantially
in the form of Exhibit H hereto to the Custodian as provided in Section 2.01(b). Except under the circumstances
provided for in the last sentence of this Section 2.01(c) and except in the case of a Non-Serviced Mortgage Loan, the related
Mortgage Loan Seller will itself, or a third party at such Mortgage Loan Seller’s expense will, promptly (and in any event within
one hundred-twenty (120) days after the later of the Closing Date and the related Mortgage Loan Seller’s actual receipt of the
related documents and the necessary recording and filing information) cause to be submitted for recording or filing, as the case may be,
in the appropriate public office for real property records or UCC Financing Statements, as appropriate, each Assignment. Each such Assignment
submitted for recording shall reflect that it (or a file copy thereof in the case of a UCC Assignment) should be returned by the public
recording office to the Custodian or its designee following recording or filing (or to the related Mortgage Loan Seller or its agent who
will then be responsible for delivery of the same to the Custodian or its designee). Any such Assignment received by the Custodian shall
be promptly included in the related Mortgage File and be deemed a part thereof, and any such Assignment received by the related Mortgage
Loan Seller or its agent shall be required to be delivered to the Custodian to be included as part of the related Mortgage File within
thirty (30) days after receipt. If any such document or instrument is determined to be incomplete or not to meet the recording or filing
requirements of the jurisdiction in which it is to be recorded or filed, or is lost by the public office or returned unrecorded or unfiled,
as the case may be, because of a defect therein, on or about one hundred-eighty (180) days after the Closing Date, the related Mortgage
Loan Seller or its designee shall prepare, at its own expense, a substitute therefor or cure such defect, as the case may be, and thereafter
the related Mortgage Loan Seller or its designee shall, at the expense of such Mortgage Loan Seller, upon receipt thereof cause the same
to be duly recorded or filed, as appropriate. If, by the first anniversary of the Closing Date, the Custodian has not received confirmation
of the recording or filing as the case may be, of any such Assignment, it shall so advise the related Mortgage Loan Seller who may then
pursue such confirmation itself or request that the Custodian pursue such confirmation at the related Mortgage Loan Seller’s expense,
and upon such a request and provision for payment of such expenses satisfactory to the Custodian, the Custodian, at the expense of the
applicable Mortgage Loan Seller, shall cause a search of the land records of each applicable jurisdiction and of the records of the offices
of the applicable Secretary of State for confirmation that the Assignment appears in such records and retain a copy of such confirmation
in the related Mortgage File. In the event that confirmation of the recording or filing of an Assignment cannot be obtained, the Custodian
or the related Mortgage Loan Seller, as applicable, shall promptly inform the other and the Custodian shall provide such Mortgage Loan
Seller with a copy of the Assignment and request the preparation of a new Assignment. The related Mortgage

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Loan Seller shall pay the expenses for the
preparation of replacement Assignments for any Assignments which, having been properly submitted for filing or recording to the appropriate
governmental office by the Custodian, fail to appear of record and must be resubmitted. Notwithstanding the foregoing, there shall be
no requirement to record any assignment to the Trustee referred to in clause (iii) or (v) of the definition of “Mortgage
File,” or to file any UCC-3 to the Trustee referred to in clause (ix) of the definition of “Mortgage File,”
in those jurisdictions where, in the written opinion of local counsel (which opinion shall be an expense of the related Mortgage Loan
Seller) acceptable to the Depositor and the Trustee, such recordation and/or filing is not required to protect the Trustee’s interest
in the related Mortgage Loan against sale, further assignment, satisfaction or discharge by the related Mortgage Loan Seller, the applicable
Master Servicer, the applicable Special Servicer, any Sub-Servicer or the Depositor.

(d)              
All documents and records in the Depositor’s or the applicable Mortgage Loan Seller’s possession relating to the Mortgage
Loans (including, in the case of such Mortgage Loan Seller, and except in the case of a Mortgage Loan that is part of a Non-Serviced Whole
Loan, originals or copies of all financial statements, operating statements, appraisals, environmental reports, engineering reports, Insurance
Policies, certificates, guaranty/indemnity agreements, property inspection reports, escrow analysis, tax bills, third-party management
agreements, asset summary and financial information on the borrower/sponsor and any guarantor, but in any case excluding the applicable
Mortgage Loan Seller’s internal communications (including such communications between such Mortgage Loan Seller and its Affiliates)
and underwriting analysis (including documents prepared by the applicable Mortgage Loan Seller or any of its Affiliates for such purposes),
draft documents, attorney-client communications that are privileged communications or constitute legal or other due diligence analyses
and credit underwriting or due diligence analyses or data) that (i) are not required to be a part of a Mortgage File in accordance
with the definition thereof and (ii) are reasonably necessary for the servicing of each such Mortgage Loan, together with copies
of all documents in each Mortgage File, shall be delivered by the Depositor or the applicable Mortgage Loan Seller to the applicable Master
Servicer within five (5) Business Days after the Closing Date and shall be held by such Master Servicer on behalf of the Trustee in trust
for the benefit of the Certificateholders (and as Holder of the Lower-Tier Regular Interests) and, if applicable, on behalf of the related
Companion Holder; provided, that with respect to the Mortgage File, if any document required to be contained therein is not available
on the date that is five (5) Business Days after the Closing Date, such document shall be delivered to the applicable Master Servicer
on or before the date such document is required to be delivered to the Custodian pursuant to Section 2.01(b). Such documents and
records shall be any documents and records (with the exception of any items excluded under the immediately preceding sentence) that would
otherwise be a part of the Servicing File.

(e)              
In connection with the Depositor’s assignment pursuant to subsection (a) above, the Depositor shall deliver to
the Trustee and the applicable Master Servicer, on or before two (2) Business Days after the Closing Date, a fully executed original counterpart
of each of the Mortgage Loan Purchase Agreements, as in full force and effect, without amendment or modification, on the Closing Date.

(f)               
The Depositor shall use its reasonable best efforts to require that, promptly after the Closing Date, but in all events within
three (3) Business Days after the Closing Date, each of the Mortgage Loan Sellers shall cause all funds on deposit in escrow accounts
maintained with

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respect to the Serviced Mortgage Loans transferred
by such Mortgage Loan Seller, whether such accounts are held in the name of the applicable Mortgage Loan Seller or any other name to be
transferred to the applicable Master Servicer (or a Sub-Servicer) for deposit into Servicing Accounts.

(g)              
[Reserved].

(h)              
Each Mortgage Loan Purchase Agreement shall provide that within sixty (60) days after the Closing Date, each Mortgage Loan Seller
shall deliver or cause to be delivered the Diligence Files for each of its Mortgage Loans to the Depositor by uploading such Diligence
Files to the Designated Site. Promptly upon completion of such delivery of the Diligence Files (but in no event later than sixty (60)
days after the Closing Date), the applicable Mortgage Loan Seller shall provide the Depositor a certificate (with a copy (which may be
sent by e-mail) to each of the applicable Master Servicer, the applicable Special Servicer, the Trustee, the Certificate Administrator,
the Custodian, the Directing Certificateholder, the Asset Representations Reviewer and the Operating Advisor) certifying that the electronic
copies of the documents and information uploaded to the Designated Site constitute all documents and information required under the definition
of “Diligence File” and such Diligence Files are organized and categorized in accordance with the electronic file structure
reasonably agreed to by the Depositor and the applicable Mortgage Loan Seller (the “Diligence File Certification”).

(i)                
Notwithstanding anything to the contrary contained herein, (i) with respect to a Joint Mortgage Loan, the obligations of each of
the applicable Mortgage Loan Sellers to deliver a Mortgage Note (and any related allonge or assignment) to the Custodian shall be limited
to delivery of only the Mortgage Note (and any related allonge or assignment) held by such party to the Custodian. With respect to a Joint
Mortgage Loan that is serviced under this Agreement, the obligations of the applicable Mortgage Loan Sellers to deliver the remaining
portion of the related Mortgage File or any document required to be delivered with respect thereto shall be joint and several, provided
that either of the applicable Mortgage Loan Sellers may deliver one Mortgage File or one of any other document required to be delivered
with respect to such Mortgage Loan hereunder and such delivery shall satisfy such delivery requirements for each of the applicable Mortgage
Loan Sellers.

(j)                  Within
five (5) Business Days of the Closing Date, the Depositor shall deliver in EDGAR-Compatible Format and Excel format to each Master Servicer
via email to ssreports@wellsfargo.com (in the case of the General Master Servicer) and investorreporting@ncb.coop (in the case
of the NCB Master Servicer) the Initial Schedule AL File covering all of the Mortgage Loans (in the case of the General Master Servicer)
or the NCB Mortgage Loans (in the case of the NCB Master Servicer), the Initial Schedule AL Additional File covering all of the Mortgage
Loans (in the case of the General Master Servicer) or the NCB Mortgage Loans (in the case of the NCB Master Servicer) and the Annex A-1
to the Prospectus.

(k)              
Notwithstanding anything to the contrary contained in this Section 2.01 or in Section 2.02, in connection with
each Servicing Shift Whole Loan, (1) instruments of assignment to the Trustee may be in blank and need not be recorded pursuant to
this Agreement (other than the endorsements to the note(s) evidencing the related Servicing Shift Mortgage Loan) until the earlier of
(i) the Servicing Shift Securitization Date, in which case such instruments shall

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be assigned and recorded in accordance with
the related Non-Serviced PSA, (ii) the Servicing Shift Whole Loan becoming a Specially Serviced Loan prior to the Servicing Shift
Securitization Date and (iii) 180 days after the Closing Date, in which case assignments and recordations shall be effected in accordance
with this Section 2.01 until the occurrence, if any, of the Servicing Shift Securitization Date, (2) no letter of credit need
be amended (including, without limitation, to change the beneficiary thereon) until the earliest of (i) the Servicing Shift Securitization
Date, in which case such amendment shall be in accordance with the related Non-Serviced PSA, (ii) the Servicing Shift Whole Loan
becoming a Specially Serviced Loan prior to the Servicing Shift Securitization Date in which case such amendment shall be effected in
accordance with the terms of this Section 2.01 and (iii) the earlier of (A) 180 days after the Closing Date
and (B) any such time as any such letter of credit is required to be drawn upon by the applicable Master Servicer in which case such
amendment shall be effected in accordance with the terms of this Section 2.01, and (3) on and following the Servicing
Shift Securitization Date, the Person selling the related Servicing Shift Lead Note to the related Non-Serviced Depositor, at its
own expense, shall be (a) entitled to direct in writing, which may be conclusively relied upon by the Custodian, the Custodian to
deliver the originals of all the Mortgage Loan documents relating to the Servicing Shift Whole Loan in its possession (other than the
original note(s) evidencing the Servicing Shift Mortgage Loan) to the related Non-Serviced Trustee or the related Non-Serviced
Custodian, (b) if the right under clause (a) is exercised, required to cause the retention by or delivery to the Custodian
of photocopies of Mortgage Loan documents related to the Servicing Shift Whole Loan so delivered to such Non-Serviced Trustee or such
Non-Serviced Custodian, (c) entitled to cause the completion (or, in the event of a recordation as contemplated by clause (1)(ii)
of this paragraph, the preparation, execution and delivery) and recordation of instruments of assignment in the name of the related Non-Serviced
Trustee or related Non-Serviced Custodian, (d) if the right under clause (c) is exercised, required to deliver to
the Trustee or Custodian photocopies of any instruments of assignment so completed and recorded, and (e) entitled to require the
applicable Master Servicer to transfer, and to cooperate with all reasonable requests in connection with the transfer of, the Servicing
File, and any Escrow Payments, reserve funds and items specified in clauses (x) and (xii) of the definition of
“Mortgage File” for the Servicing Shift Whole Loan to the related Non-Serviced Master Servicer.

Section 2.02       
Acceptance by Trustee. (a) The Trustee, by the execution and
delivery of this Agreement (1) acknowledges receipt by it or the Custodian on its behalf, subject to the provisions of Section 2.01,
in good faith and without notice of any adverse claim, of the applicable documents specified in clause (i) of the definition
of “Mortgage File” with respect to each Mortgage Loan and of all other assets included in the Trust Fund and (2) declares
(a) that it or the Custodian on its behalf holds and will hold such documents and the other documents delivered or caused to be
delivered by the Mortgage Loan Sellers that constitute the Mortgage Files in the name of the Trust for the benefit of all present and
future Certificateholders and Serviced Companion Noteholders, as applicable, and (b) that it holds and will hold such other assets
included in the Trust Fund, in trust for the exclusive use and benefit of all present and future Certificateholders (and for the benefit
of the Trustee as holder of the Lower-Tier Regular Interests), as applicable. If any Mortgage Loan Seller is unable to deliver or cause
the delivery of any original Mortgage Note, such Mortgage Loan Seller may deliver a copy of such Mortgage Note, together with a signed
lost note affidavit and appropriate indemnity and shall thereby be deemed to have satisfied the document delivery requirements of Section 2.01
and of this Section 2.02.

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(b)              
 Within sixty (60) days after the Closing Date (or with respect to a Qualified Substitute Mortgage Loan within sixty (60) days
after the Due Date in the month of substitution), the Custodian, shall review the Mortgage Loan documents delivered or caused to be delivered
by the Mortgage Loan Sellers constituting the Mortgage Files; and, promptly following such review (but in no event later than sixty (60)
days after the Closing Date), the Custodian shall, in the form attached as Exhibit Q, certify in writing to the Depositor,
each applicable Master Servicer, each applicable Special Servicer, the Directing Certificateholder (so long as no Consultation Termination
Event shall have occurred and be continuing and only with respect to Mortgage Loans other than any Excluded Loan with respect to the Directing
Certificateholder or the Holder of the majority of the Controlling Class), the Trustee, the Certificate Administrator, the Asset Representations
Reviewer, the Operating Advisor and the applicable Mortgage Loan Seller (as to each Mortgage Loan listed in the Mortgage Loan Schedule
(other than any Mortgage Loan paid in full)) that, except as specifically identified in any exception report annexed to such writing (the
“Custodial Exception Report”), (i) subject to the first proviso of the definition of “Mortgage File”
herein and Section 2.01, all documents specified in clauses (i) through (v), (viii), (ix), (xi),
(xii) and (xiii), if any, of the definition of “Mortgage File”, as applicable, are in its possession, (ii) the
foregoing documents delivered or caused to be delivered by the Mortgage Loan Sellers have been reviewed by the Custodian and appear regular
on their face and appear to be executed and to relate to such Mortgage Loan, and (iii) based on such examination and only as to the foregoing
documents, the information set forth in the Mortgage Loan Schedule with respect to the items specified in clauses (vii) and (viii)
in the definition of “Mortgage Loan Schedule” is correct. With respect to each Mortgage Loan listed on the Custodial Exception
Report, the Custodian shall specifically identify such Mortgage Loan together with the nature of such exception (in the form reasonably
acceptable to the Custodian and the related Mortgage Loan Seller and separating items required to be in the Mortgage File but never delivered
from items which were delivered by the related Mortgage Loan Seller but are out for filing or recording and have not been returned by
the filing office or the recorder’s office).

(c)              
The Custodian shall review the Mortgage Loan documents received subsequent to the Closing Date; and, on or about the first anniversary
of the Closing Date, the Custodian shall, in the form attached as Exhibit Q, certify in writing to each of the Depositor,
each applicable Master Servicer, each applicable Special Servicer, the Trustee, the Certificate Administrator, the Directing Certificateholder
and the applicable Mortgage Loan Seller (as to each Mortgage Loan listed on the Mortgage Loan Schedule (other than any related Mortgage
Loan as to which a Liquidation Event has occurred) or any related Mortgage Loan specifically identified in any exception report annexed
to such writing) that, (i) subject to the first proviso of the definition of “Mortgage File” herein and Section 2.01,
all documents specified in clauses (i) through (v), (viii), (ix), (xi), (xii) and (xiii),
if any, of the definition of “Mortgage File”, as applicable, are in its possession, (ii) the foregoing documents delivered
or caused to be delivered by the Mortgage Loan Sellers have been reviewed by the Custodian and appear regular on their face and appear
to be executed and relate to such Mortgage Loan, if applicable, and (iii) based on such examination and only as to the foregoing documents,
the information set forth in the Mortgage Loan Schedule with respect to the items specified in clauses (vii) and (viii)
in the definition of “Mortgage Loan Schedule” is correct.

(d)              
Notwithstanding anything contained in this Section 2.02 and Section 2.03(b) to the contrary, in the case
of a Material Defect in any of the documents specified

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in clauses (ii) through (v),
(vii), (viii) and (ix) in the definition of “Mortgage File”, which Material Defect results solely from
a delay in the return of the related documents from the applicable filing or recording office and gives rise to a repurchase or substitution
obligation on the part of the related Mortgage Loan Seller with respect to the subject Mortgage Loan pursuant to the related Mortgage
Loan Purchase Agreement, the Directing Certificateholder, in its sole judgment, may (other than with respect to any Excluded Loan with
respect to the Directing Certificateholder or the Holder of the majority of the Controlling Class and, with respect to any other Mortgage
Loan, only prior to the occurrence and continuance of a Control Termination Event), and the applicable Special Servicer may, in accordance
with the Servicing Standard, after the occurrence and during the continuance of a Control Termination Event, permit the related Mortgage
Loan Seller in lieu of repurchasing or substituting for the related Mortgage Loan, to deposit with the applicable Master Servicer an amount,
to be held in trust in a segregated Eligible Account (which may be a sub-account of the Collection Account), equal to 25% of the Stated
Principal Balance of the related Mortgage Loan (in the alternative, the related Mortgage Loan Seller may deliver to the applicable Master
Servicer a letter of credit in such amount, with a copy to the Custodian). Such funds or letter of credit, as applicable, shall be held
by the applicable Master Servicer (i) until the date on which the Custodian determines and notifies such Master Servicer that such
Material Defect has been cured or the related Mortgage Loan is no longer part of the Trust Fund, at which time such Master Servicer shall
return such funds (or letter of credit) to the related Mortgage Loan Seller, or (ii) until same are applied to the Purchase Price
(or the Substitution Shortfall Amount, if applicable) as set forth below in this Section 2.02(d) in the event of a repurchase
or substitution by the related Mortgage Loan Seller. Notwithstanding the two (2) immediately preceding sentences, if the applicable Master
Servicer or the applicable Special Servicer certifies to the Trustee, the Certificate Administrator and the Custodian that it has determined
in the exercise of its reasonable judgment that the document with respect to which such Material Defect exists is required in connection
with an imminent enforcement of the mortgagee’s rights or remedies under the related Mortgage Loan, defending any claim asserted
by any Mortgagor or third party with respect to the related Mortgage Loan, establishing the validity or priority of any lien on collateral
securing the related Mortgage Loan or for any immediate significant servicing obligation, the related Mortgage Loan Seller shall be required
to repurchase or substitute for the related Mortgage Loan in accordance with, and to the extent required by, the terms and conditions
of Section 2.03(b) and Section 5 of the related Mortgage Loan Purchase Agreement; provided, however, that
such Mortgage Loan Seller shall not be required to repurchase the Mortgage Loan for a period of ninety (90) days after receipt of a notice
to repurchase (together with any applicable extension period) if it is attempting to recover the document from the applicable filing or
recording office and provides an officer’s certificate setting forth what actions such Mortgage Loan Seller is pursuing in connection
with such recovery. In the event of a repurchase or substitution, upon the date of such repurchase or substitution, and in the event that
the related Mortgage Loan Seller has delivered a letter of credit to the applicable Master Servicer in accordance with this Section 2.02(d),
such Master Servicer shall, to the extent necessary, draw on the letter of credit and deposit the proceeds of such draw, into its Collection
Account to be applied to the Purchase Price (or the Substitution Shortfall Amount, if applicable, in which event, the amount of such funds
or proceeds that exceed the Substitution Shortfall Amount shall be returned to the related Mortgage Loan Seller) in accordance with Section 2.03(b).
All such funds deposited in a Collection Account shall be invested in Permitted Investments, at the direction and for the benefit of the
related Mortgage Loan Seller. Such funds shall be treated as an “outside reserve fund” under the REMIC Provisions,

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which, together with any reimbursement from
the Lower-Tier REMIC, is beneficially owned by the related Mortgage Loan Seller for federal income tax purposes, which Mortgage Loan
Seller shall remain liable for any taxes payable on income or gain with respect thereto.

(e)              
It is herein acknowledged that neither the Trustee nor any Custodian is under any duty or obligation (i) to determine whether
any of the documents specified in clauses (vi), (vii) and (xii) through (xviii) of the definition of
“Mortgage File” exist or are required to be delivered by the Depositor, the Mortgage Loan Sellers or any other Person or (ii) to
inspect, review or examine any of the documents, instruments, certificates or other papers relating to the Mortgage Loans delivered to
it to determine that the same are genuine, enforceable, duly authorized, sufficient to perfect and maintain the perfection of a security
interest or appropriate for the represented purpose or that they are other than what they purport to be on their face and, with respect
to the documents specified in clause (viii) of the definition of the “Mortgage File”, whether the insurance is
effective as of the date of the recordation, whether all endorsements or riders issued are included in the file or if the policy has not
been issued whether any acceptable replacement document has been dated the date of the related Mortgage Loan funding. Further, with respect
to the UCC Financing Statements referenced in the Mortgage File, absent actual knowledge to the contrary or copies of UCC Financing Statements
delivered to the Custodian as part of the Mortgage File indicating otherwise, the Custodian may assume, for the purposes of the filings
and the certification to be delivered in accordance with this Section 2.02 that the related Mortgage File should include one
(1) state level UCC Financing Statement filing for each Mortgaged Property (or with respect to any Mortgage Loan that has two (2) or more
Mortgagors, for each Mortgagor, except to the extent multiple Mortgagors are named as debtors in the same UCC Financing Statement filing),
or if the Custodian has received notice that a particular UCC Financing Statement was filed as a fixture filing, that the related Mortgage
File should include only a local UCC Financing Statement filing for each Mortgaged Property (or with respect to any Mortgage Loan that
has two (2) or more Mortgagors, for each Mortgagor, except to the extent multiple Mortgagors are named as debtors in the same UCC Financing
Statement filing). The assignments of the UCC Financing Statements to be assigned to the Trust will be delivered on the national forms
(or on such other form as may be acceptable for filing or recording in the applicable jurisdiction) and in a format suitable for filing
or recording, as applicable, and will be filed or recorded in the jurisdiction(s) where such UCC Financing Statements were originally
filed or recorded, as indicated in the documents provided, and in accordance with then-current laws.

(f)                
If, in the process of reviewing the Mortgage Files or at any time thereafter, the Custodian finds any document or documents constituting
a part of a Mortgage File and required to be delivered or caused to be delivered by the applicable Mortgage Loan Seller (1) not to
have been properly executed, (2) subject to the timing requirements of Sections 2.01(b) and 2.01(c), not to have
been delivered, (3) to contain information that does not conform in any material respect with the corresponding information set forth
in the Mortgage Loan Schedule or (4) to be defective on its face (each, a “Defect” in the related Mortgage File),
the Custodian shall promptly so notify the Depositor, the Trustee, the applicable Master Servicer, the applicable Special Servicer, the
Certificate Administrator, the Directing Certificateholder, the applicable Mortgage Loan Seller (and in no event later than ninety (90)
days after the Closing Date and every calendar quarter thereafter until all Defects are corrected) by providing a Custodial Exception
Report setting forth for each affected Mortgage Loan, with particularity, the nature of such Defect (in a form reasonably acceptable to
the Custodian and such Mortgage Loan Seller and separating items

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required to be in the Mortgage File but never
delivered from items which were delivered by such Mortgage Loan Seller but are out for recording or filing and have not been returned
by the recorder’s office or filing office).

(g)               
If a Master Servicer or a Special Servicer (i) receives a Repurchase Request or any other request or demand from any Person
for a Mortgage Loan Seller to repurchase or replace a Mortgage Loan because of an alleged Defect or Breach (together with a Repurchase
Request, a “15Ga-1 Repurchase Request”) (such Master Servicer or such Special Servicer, as applicable, to the extent
it receives such 15Ga-1 Repurchase Request, the “Repurchase Request Recipient” with respect to such 15Ga-1 Repurchase
Request); or (ii) receives any withdrawal of a 15Ga-1 Repurchase Request by the Person making such 15Ga-1 Repurchase Request or any
rejection of a 15Ga-1 Repurchase Request (or such 15Ga-1 Repurchase Request is forwarded to the applicable Master Servicer or the applicable
Special Servicer by another party hereto), then the Repurchase Request Recipient shall deliver notice (which may be by electronic format
so long as a “backup” hard copy of such notice is also delivered on or prior to the next Business Day) of such 15Ga-1 Repurchase
Request or withdrawal or rejection of a 15Ga-1 Repurchase Request (each, a “15Ga-1 Notice”) to the applicable Mortgage
Loan Seller (other than in the case of a rejection by such Mortgage Loan Seller) and the Depositor, in each case within ten (10) Business
Days from such Repurchase Request Recipient’s receipt thereof.

Each 15Ga-1 Notice shall
include (i) the identity of the related Mortgage Loan, (ii) the date the 15Ga-1 Repurchase Request is received by the Repurchase
Request Recipient or the date any withdrawal of the 15Ga-1 Repurchase Request is received by the Repurchase Request Recipient, as applicable,
(iii) if known, the basis for the 15Ga-1 Repurchase Request (as asserted in the 15Ga-1 Repurchase Request), (iv) the identity of
the Person making such 15Ga-1 Repurchase Request, and (v) a statement from the Repurchase Request Recipient as to whether it currently
plans to pursue such 15Ga-1 Repurchase Request.

A Repurchase Request Recipient
shall not be required to provide any information in a 15Ga-1 Notice protected by the attorney-client privilege or attorney work
product doctrines. The Mortgage Loan Purchase Agreements will provide that (i) any 15Ga-1 Notice provided pursuant to this Section 2.02(g)
is so provided only to assist the Mortgage Loan Sellers and Depositor or their respective Affiliates to comply with Rule 15Ga-1
under the Exchange Act, Items 1104 and 1121 of Regulation AB and any other requirement of law or regulation and (ii) (A) no
action taken by, or inaction of, a Repurchase Request Recipient and (B) no information provided pursuant to this Section 2.02(g)
by a Repurchase Request Recipient, shall be deemed to constitute a waiver or defense to the exercise of any legal right the Repurchase
Request Recipient may have with respect to the related Mortgage Loan Purchase Agreement, including with respect to any 15Ga-1 Repurchase
Request that is the subject of a 15Ga-1 Notice.

In the event that the Depositor,
the Trustee, any Special Servicer, the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer or the Custodian
receives a 15Ga-1 Repurchase Request, such party shall promptly forward or otherwise provide written notice of such 15Ga-1 Repurchase
Request to the applicable Master Servicer, if relating to a Non-Specially Serviced Loan, or to the applicable Special Servicer, if
relating to a Specially Serviced Loan or REO Property, and include the following statement in the related correspondence: “This
is a ‘15Ga-1 Repurchase Request’ under Section 2.02 of the Pooling and

    	 	-157-	 

    

    

Servicing Agreement relating to BANK 2022-BNK41,
Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41 requiring action by you as the ‘Repurchase Request Recipient’
thereunder.” Upon receipt of such 15Ga-1 Repurchase Request by the applicable Master Servicer or the applicable Special Servicer,
as applicable, such party shall be deemed to be the Repurchase Request Recipient in respect of such 15Ga-1 Repurchase Request, and such
party shall comply with the procedures set forth in this Section 2.02(g) with respect to such 15Ga-1 Repurchase Request. In
no event shall the Custodian, by virtue of this provision, be required to provide any notice other than as set forth in Section 2.02
of this Agreement in connection with its review of the Mortgage File.

If the Depositor, the Trustee,
the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer or the Custodian receives notice or has knowledge
of a withdrawal or a rejection of a 15Ga-1 Repurchase Request of which notice has been previously received or given, and such notice was
not received from or copied to the applicable Master Servicer or the applicable Special Servicer, then such party shall give notice of
such withdrawal or rejection to such Master Servicer or such Special Servicer, as applicable. Any such notice received by the Trustee,
the Certificate Administrator, the Certificate Registrar, Operating Advisor, Asset Representations Reviewer or the Custodian shall also
be provided to the Depositor and, in the case of a withdrawal notice, to the applicable Mortgage Loan Seller.

In the event that a Mortgage
Loan is repurchased or replaced pursuant to Section 2.03 of this Agreement, the applicable Master Servicer (with respect to
Non-Specially Serviced Loans) or the applicable Special Servicer (with respect to Specially Serviced Loans) shall promptly notify the
Depositor of such repurchase or replacement.

(h)              
The parties hereto acknowledge the obligation of each Mortgage Loan Seller pursuant to Section 2(c) of the related Mortgage Loan
Purchase Agreement to deliver, on or prior to the fifth (5th) Business Day after the Closing Date, at its expense, to the Custodian five
(5) originals of limited powers of attorney substantially in the form attached as Exhibit F thereto in favor of the Custodian (on behalf
of the Trustee) and the applicable Special Servicer to empower the Custodian (on behalf of the Trustee) and, in the event of the failure
or incapacity of the Custodian (on behalf of the Trustee), the applicable Special Servicer, to sign and/or deliver to a third party for
submission, or to cause the Custodian to sign and/or deliver to a third party for submission, at the expense of the related Mortgage Loan
Seller, any mortgage loan documents required to be recorded as described in Section 2.01 of this Agreement and any intervening
assignments with evidence of recording thereon that are required to be included in the Mortgage Files (so long as original counterparts
have previously been delivered to the Trustee (or the Custodian on its behalf)); provided, that if the Mortgage Loan Seller fails
to promptly pay the applicable Special Servicer or Custodian the expenses associated with recording documents as provided in this sentence,
then such expenses shall be payable out of the Trust (it being understood for the avoidance of doubt that the applicable Mortgage Loan
Seller will nonetheless remain responsible for reimbursing the Trust for such expenses). Neither the applicable Special Servicer nor the
Custodian shall be liable for any failure of such third party in connection with the foregoing, so long as the third party was chosen
with due care (in the case of the Custodian) or in accordance with the Servicing Standard (in the case of the applicable Special Servicer).
Each Mortgage Loan Seller has agreed to reasonably cooperate with the Custodian, the Trustee and the applicable Special Servicer in connection
with any additional powers of attorney or revisions thereto that are

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requested by such parties for purposes of such
recordation. The parties hereto agree that no such power of attorney shall be used with respect to any Mortgage Loan by or under authorization
by any party hereto except to the extent that the absence of a document described in the second preceding sentence with respect to such
Mortgage Loan remains unremedied as of the earlier of (i) the date that is one hundred eighty (180) days following the delivery of notice
of such absence to the Mortgage Loan Seller, but in no event earlier than eighteen (18) months from the Closing Date, and (ii) the date
(if any) on which such Mortgage Loan becomes a Specially Serviced Loan. The Custodian or the applicable Special Servicer, as applicable,
shall submit such documents for recording, at the related Mortgage Loan Seller’s expense, after the periods set forth above, provided,
the Custodian or the applicable Special Servicer, as applicable, shall not submit such assignments for recording if the related Mortgage
Loan Seller produces evidence that it or a third-party on its behalf has sent any such assignment for recording and certifies that such
Mortgage Loan Seller is awaiting its return from the applicable recording office.

Section 2.03       
Representations, Warranties and Covenants of the Depositor; Mortgage Loan Sellers’ Repurchase or Substitution of Mortgage
Loans for Defects in Mortgage Files and Breaches of Representations and Warranties. (a) The
Depositor hereby represents and warrants that:

(i)               
The Depositor is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and
the Depositor has taken all necessary corporate 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, including, but
not limited to, the power and authority to sell, assign and transfer the Mortgage Loans in accordance with this Agreement;

(ii)                Assuming
the due authorization, execution and delivery of this Agreement by each other party hereto, this Agreement and all of the obligations
of the Depositor hereunder are the legal, valid and binding obligations of the Depositor, enforceable against the Depositor in accordance
with the terms of this Agreement, except as such enforcement may be limited by bankruptcy, insolvency, reorganization or other similar
laws affecting the enforcement of creditors’ rights generally, and by general principles of equity (regardless of whether such
enforceability is considered in a proceeding in equity or at law);

(iii)              The
execution and delivery of this Agreement and the performance of its obligations hereunder by the Depositor will not conflict with any
provisions of any law or regulations to which the Depositor is subject, or conflict with, result in a breach of or constitute a default
under any of the terms, conditions or provisions of the certificate of incorporation or the by-laws of the Depositor or any indenture,
agreement or instrument to which the Depositor is a party or by which it is bound, or any order or decree applicable to the Depositor,
or result in the creation or imposition of any lien on any of the Depositor’s assets or property, which would materially and adversely
affect the ability of the Depositor to carry out the transactions contemplated by this Agreement; the Depositor has obtained any consent,
approval, authorization or order of any court or governmental agency or body required for the execution, delivery and performance by
the Depositor of this Agreement;

    	 	-159-	 

    

    

(iv)             There is no action, suit or proceeding pending or, to the Depositor’s knowledge, threatened against the Depositor 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 Depositor to carry out the transactions contemplated by this Agreement; and

(v)               The
Depositor is the lawful owner of the Mortgage Loans with the full right to transfer the Mortgage Loans to the Trust, and the Mortgage
Loans have been validly transferred to the Trust.

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

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deliver a copy of such officer’s certificate
to the 17g-5 Information Provider), the applicable Master Servicer, the applicable Special Servicer, the Operating Advisor and (with
respect to any Mortgage Loan other than an Excluded Loan with respect to the Directing Certificateholder or the Holder of the majority
of the Controlling Class, prior to the occurrence and continuance of a Consultation Termination Event) the Directing Certificateholder,
setting forth the reason such Material Defect is not capable of being cured within the Initial Cure Period and what actions the applicable
Mortgage Loan Seller is pursuing in connection with the cure thereof and stating that the applicable Mortgage Loan Seller anticipates
that such Material Defect will be cured within the Extended Cure Period; and provided, further, that, if any such Material
Defect is not cured after the Initial Cure Period and any such Extended Cure Period solely due to the failure of the related Mortgage
Loan Seller to have received the recorded document, then such Mortgage Loan Seller shall be entitled to continue to defer its cure, repurchase
and/or substitution obligations in respect of such Material Defect until eighteen (18) months after the Closing Date for so long as such
Mortgage Loan Seller certifies to the Trustee, the applicable Master Servicer, the applicable Special Servicer, the Directing Certificateholder
(prior to the occurrence and continuance of a Consultation Termination Event) and the Certificate Administrator no less than every ninety
(90) days, beginning at the end of such Extended Cure Period, that such Material Defect is still in effect solely because of its failure
to have received the recorded document and that such Mortgage Loan Seller is diligently pursuing the cure of such Material Defect (specifying
the actions being taken). Notwithstanding the foregoing, any Defect or Breach which causes any Mortgage Loan not to be a “qualified
mortgage” (within the meaning of Section 860G(a)(3) of the Code, but without regard to the rule of Treasury Regulations Section
1.860G-2(f)(2) that causes a defective Mortgage Loan to be treated as a qualified mortgage) shall be deemed to materially and adversely
affect the interests of Certificateholders therein, and (subject to the applicable Mortgage Loan Seller’s right to cure such Defect
or Breach during the Initial Cure Period) such Mortgage Loan shall be repurchased or substituted for without regard to the Extended Cure
Period described in the preceding sentence. If the affected Mortgage Loan is to be repurchased, the funds in the amount of the Purchase
Price remitted by the applicable Mortgage Loan Seller are to be remitted by wire transfer to the applicable Master Servicer for deposit
into the applicable Collection Account. In the event the Special Servicer is required to enforce the Repurchase Request related to a Non-Specially
Serviced Loan under this Section 2.03(b), within five (5) days of request by the Special Servicer, the Master Servicer shall deliver
to the Special Servicer a copy of the Servicing File with respect to any such Non-Specially Serviced Loan.

If a Mortgage Loan Seller,
in connection with a Material Defect (or an allegation of a Material Defect) pertaining to a Mortgage Loan, makes a cash payment pursuant
to an agreement or a settlement between the applicable Mortgage Loan Seller and the Enforcing Servicer on behalf of the Trust (and, for
so long as no Control Termination Event has occurred and is continuing and in respect of any Mortgage Loan that is not an Excluded Loan
with respect to the Directing Certificateholder or the Holder of the majority of the Controlling Class, in either case, with the consent
of the Directing Certificateholder) (each such payment, a “Loss of Value Payment”) with respect to such Mortgage Loan,
the amount of such Loss of Value Payment shall be deposited into the Loss of Value Reserve Fund to be applied in accordance with Section 3.05(g)
of this Agreement. In connection with any Loss of Value Payment with respect to any Non-Specially Serviced Loan, the applicable Master
Servicer shall promptly provide the applicable Special Servicer, but in any event within the time frames and in the manner provided in
Section 3.19 (as if such Mortgage Loan were subject to a Servicing Transfer Event), with the

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Servicing File and all information, documents
and records relating to such Non-Specially Serviced Loan and any related Serviced Companion Loan, either in the applicable Master Servicer’s
possession or otherwise reasonably available to the applicable Master Servicer, and reasonably required by the applicable Special Servicer
to permit the applicable Special Servicer to calculate the Loss of Value Payment, to the extent set forth in Section 3.19
(as if such Mortgage Loan were subject to a Servicing Transfer Event). The Loss of Value Payment shall include the portion of any Liquidation
Fees payable to the applicable Special Servicer in respect of such Loss of Value Payment and the portion of fees of the Asset Representations
Reviewer attributable to the Asset Review of such Mortgage Loan (or, in the case of a Joint Mortgage Loan, the applicable Mortgage Loan
Seller Percentage Interest thereof) and not previously paid by the Mortgage Loan Seller. If such Loss of Value Payment is made, the Loss
of Value Payment shall serve as the sole remedy available to the Certificateholders and the Trustee on their behalf regarding any such
Material Defect in lieu of any obligation of the Mortgage Loan Seller to otherwise cure such Material Defect or repurchase or substitute
for the affected Mortgage Loan based on such Material Defect under any circumstances. This paragraph is intended to apply only to a mutual
agreement or settlement between the applicable Mortgage Loan Seller and the Enforcing Servicer on behalf of the Trust, provided
that (i) prior to any such agreement or settlement nothing in this paragraph shall preclude the Mortgage Loan Seller or the Enforcing
Servicer from exercising any of its rights related to a Material Defect in the manner and timing set forth in the related Mortgage Loan
Purchase Agreement or this Section 2.03 (excluding this paragraph) (including any right to cure, repurchase or substitute
for (or make a Loss of Value Payment with respect to) such Mortgage Loan), (ii) such Loss of Value Payment shall not be greater than
the Purchase Price of the affected Mortgage Loan; and (iii) a Material Defect as a result of a Mortgage Loan not constituting a “qualified
mortgage” within the meaning of Section 860G(a)(3) of the Code (but without regard to the rule of Treasury Regulations Section 1.860G-2(f)(2)
that causes a defective Mortgage Loan to be treated as a qualified mortgage) may not be cured by a Loss of Value Payment.

If any Breach that constitutes
a Material Defect pertains to a representation or warranty that the related Mortgage Loan documents or any particular Mortgage Loan document
requires the related Mortgagor to bear the costs and expenses associated with any particular action or matter under such Mortgage Loan
document(s), then the related Mortgage Loan Seller may cure such Breach within the applicable cure period (as the same may be extended)
by reimbursing the Trust (by wire transfer of immediately available funds) for (i) the reasonable amount of any such costs and expenses
incurred by the applicable Master Servicer, the applicable Special Servicer, the Certificate Administrator, the Trustee or the Trust that
are incurred as a result of such Breach and have not been reimbursed by the related Mortgagor and (ii) the amount of any fees payable
by the related Mortgage Loan Seller to the Asset Representations Reviewer to the extent not previously paid by such Mortgage Loan Seller
to the Asset Representations Reviewer attributable to the Asset Review of such Mortgage Loan; provided that if the Breach relates
to a Joint Mortgage Loan, each Mortgage Loan Seller shall only be responsible for its Mortgage Loan Seller Percentage Interest of all
such costs and expenses unless such Breach relates solely to the Mortgage Note sold by such Mortgage Loan Seller. Except as provided in
the proviso to the immediately preceding sentence, the related Mortgage Loan Seller shall remit the amount of such costs and expenses
to the Enforcing Servicer for disbursement to the applicable Persons and, upon its making such remittance, the related Mortgage Loan Seller
shall be deemed to have cured such Breach in all respects. To the extent any fees or expenses that are the subject of a cure by the related
Mortgage Loan Seller are subsequently obtained from the related Mortgagor, the portion of the cure payment

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made by the related Mortgage Loan Seller equal
to such fees or expenses obtained from the related Mortgagor shall promptly be returned to the related Mortgage Loan Seller. Periodic
Payments due with respect to each Qualified Substitute Mortgage Loan (if any) after the related Due Date in the month of substitution,
and Periodic Payments due with respect to each Mortgage Loan being repurchased or replaced after the related Cut-off Date and received
by the applicable Master Servicer or the applicable Special Servicer on behalf of the Trust on or prior to the related date of repurchase
or substitution, shall be part of the Trust Fund. Periodic Payments due with respect to each Qualified Substitute Mortgage Loan (if any)
on or prior to the related Due Date in the month of substitution, and Periodic Payments due with respect to each Mortgage Loan being repurchased
or replaced and received by the applicable Master Servicer or the applicable Special Servicer on behalf of the Trust after the related
date of repurchase or substitution, shall not be part of the Trust Fund and are to be remitted by such Master Servicer (or by such Special
Servicer to the applicable Master Servicer who shall remit such funds) to the applicable Mortgage Loan Seller effecting the related repurchase
or substitution promptly following receipt. Notwithstanding anything contained in this Agreement or the related Mortgage Loan Purchase
Agreement, a delay in either the discovery of a Material Defect or in providing notice of such Material Defect shall relieve the applicable
Mortgage Loan Seller of its obligation to cure, repurchase or substitute for (or make a Loss of Value Payment with respect to) the related
Mortgage Loan if (i) the related Mortgage Loan Seller did not otherwise discover or have knowledge of such Material Defect, (ii) such
delay is a result of the failure by a party to the applicable Mortgage Loan Purchase Agreement, or this Agreement, to provide prompt notice
as required by the terms of the applicable Mortgage Loan Purchase Agreement, or this Agreement, after such party has actual knowledge
of such Material Defect (knowledge shall not be deemed to exist by reason of the Custodial Exception Report or possession of the Mortgage
File) (iii) such delay precludes such Mortgage Loan Seller from curing such Material Defect and such Material Defect was otherwise curable
and (iv) such Material Defect does not relate to the applicable Mortgage Loan not being a “qualified mortgage” within the
meaning of Code Section 860G(a)(3), but without regard to the rule of Treasury regulations Section 1.860G-2(f)(2) that causes a defective
obligation to be treated as a qualified mortgage. Notwithstanding the foregoing, if a Mortgage Loan is not secured by a Mortgaged Property
that is, in whole or in part, a hotel or other hospitality property, restaurant (operated by a borrower), healthcare facility, nursing
home, assisted living facility, self-storage facility, theater or fitness center (operated by a borrower), then the failure to deliver
copies of the UCC Financing Statements with respect to such Mortgage Loan shall not be a Material Defect.

Pursuant to each Mortgage
Loan Purchase Agreement, if there is a Material Defect with respect to one or more Mortgaged Properties with respect to a Mortgage Loan,
the related Mortgage Loan Seller shall not be obligated to repurchase the Mortgage Loan (or, in the case of a Joint Mortgage Loan, the
applicable Mortgage Loan Seller Percentage Interest thereof) if (i) the affected Mortgaged Property may be released pursuant to the terms
of any partial release provisions in the related Mortgage Loan documents (and such Mortgaged Property is, in fact, released), (ii) the
remaining Mortgaged Property(ies) satisfy the requirements, if any, set forth in the Mortgage Loan documents and the related Mortgage
Loan Seller provides an opinion of counsel to the effect that such release in lieu of repurchase would not (A) cause any Trust REMIC
to fail to qualify as a REMIC or (B) result in the imposition of a tax upon any Trust REMIC or the Trust and (iii) each applicable
Rating Agency has provided a Rating Agency Confirmation.

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(c)              
Subject to the applicable Mortgage Loan Seller’s right to cure as contemplated above in this Section 2.03,
and further subject to Section 2.01(b) and Section 2.01(c), any of the following shall cause a document in
the Mortgage File to be deemed to have a Material Defect: (i) the absence from the Mortgage File of the original signed Mortgage
Note, unless the Mortgage File contains a signed lost note affidavit and indemnity with a copy of the Mortgage Note that appears to be
regular on its face; (ii) the absence from the Mortgage File of the original signed Mortgage that appears to be regular on its
face, unless there is included in the Mortgage File either a copy of the Mortgage with evidence of recording thereon or a copy of the
Mortgage and a certificate from the related Mortgage Loan Seller stating that the original signed Mortgage was sent for recordation;
(iii) the absence from the Mortgage File of the item called for by clause (viii) of the definition of “Mortgage
File”; (iv) the absence from the Mortgage File of any intervening assignments required to create a complete chain of assignments
to the Trustee on behalf of the Trust, unless there is included in the Mortgage File either a copy of the assignment with evidence of
recording thereon or a copy of the intervening assignment and a certificate from the related Mortgage Loan Seller stating that the original
intervening assignments were sent for filing or recordation, as applicable; (v) the absence from the Mortgage File of any required
letter of credit; or (vi) with respect to any related leasehold Mortgage Loan, the absence from the related Mortgage File of a
copy (or an original, if available) of the related Ground Lease; provided, however, that no Defect (except the Defects
previously described in sub-clauses (i) through (vi) of this Section 2.03(c)) shall be considered
to materially and adversely affect the value of the related Mortgage Loan, the value of the related Mortgaged Property or the interests
of the Trustee or Certificateholders unless the document with respect to which the Defect exists is required in connection with an imminent
enforcement of the mortgagee’s rights or remedies under the related Mortgage Loan, defending any claim asserted by any Mortgagor
or third party with respect to the related Mortgage Loan, establishing the validity or priority of any lien on any collateral securing
the related Mortgage Loan or for any immediate significant servicing obligation; provided, further, that no Defect relating
to any Non-Serviced Mortgage Loan previously described in sub-clauses (ii) through (vi) of this Section 2.03(c)
shall be considered to materially and adversely affect the value of such Mortgage Loan, the value of the related Mortgaged Property
or the interests of the Trustee or Certificateholders unless the related Mortgage Loan Seller, after receipt of notice of such Defect,
is unable to produce a copy of the document with respect to which the Defect exists within a reasonable period after receiving such notice
or otherwise establish that the original or copy, as applicable, of such document has been delivered, in compliance with the terms of
the related Non-Serviced PSA, to the custodian under the related Non-Serviced PSA. Notwithstanding the foregoing, the delivery of executed
escrow instructions or a binding commitment to issue a lender’s title insurance policy, as provided in clause (viii)
of the definition of “Mortgage File” herein, in lieu of the delivery of the actual policy of lender’s title insurance,
shall not be considered a Material Defect with respect to any Mortgage File if such actual policy is delivered to the Custodian not later
than eighteen (18) months following the Closing Date. Notwithstanding the foregoing, to the extent a Mortgage Loan Seller has otherwise
complied with its document delivery requirements under this Agreement and the related Mortgage Loan Purchase Agreement, in the event
that the Custodian has acknowledged receipt pursuant to Section 2.02 above of a document that is part of the Mortgage File
or a Mortgage Loan Seller can otherwise prove delivery of the document, and the Custodian subsequently loses a document, the fact that
such document is lost may not be utilized as the basis for a claim of a Material Defect against a Mortgage Loan Seller pursuant to Section 5(a)
of the related Mortgage

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Loan Purchase Agreement and/or this Section 2.03
and the Custodian shall be liable for any such loss to the extent provided for in Section 8.01.

(d)              
In connection with any repurchase of, or substitution of a Qualified Substitute Mortgage Loan for a Mortgage Loan contemplated
by this Section 2.03, the Trustee, the Certificate Administrator, the Custodian, the applicable Master Servicer and the applicable
Special Servicer shall each tender to the applicable Mortgage Loan Seller, upon delivery to each of the Trustee, the Certificate Administrator,
the Custodian, the applicable Master Servicer and the applicable Special Servicer of a trust receipt executed by the applicable Mortgage
Loan Seller evidencing such repurchase or substitution, all portions of the Mortgage File and other documents pertaining to such Mortgage
Loan possessed by each of the Trustee, the Certificate Administrator, the Custodian, the applicable Master Servicer and the applicable
Special Servicer (other than attorney-client communications that are privileged communications), and each document that constitutes
a part of the Mortgage File that was endorsed or assigned to the Trustee shall be endorsed or assigned, as the case may be to the applicable
Mortgage Loan Seller in the same manner as provided in Section 5 of the related Mortgage Loan Purchase Agreement and, if applicable,
the definition of “Mortgage File” herein, so as to vest in such Mortgage Loan Seller the legal and beneficial ownership of
such repurchased or substituted Mortgage Loan (including property acquired in respect thereof and proceeds of any insurance policy with
respect thereto) and the related Mortgage Loan documents.

(e)              
Section 5 of each of the Mortgage Loan Purchase Agreements and the provisions of this Section 2.03 provide the
sole remedy available to the Certificateholders (subject to the limitations on the rights of the Certificateholders under this Agreement),
or the Trustee on behalf of the Certificateholders, the applicable Master Servicer or the applicable Special Servicer, with respect to
any Material Defect.

(f)               
The Enforcing Servicer shall, for the benefit of the Certificateholders and the Trustee (as holder of the Lower-Tier Regular Interests),
enforce the obligations of the applicable Mortgage Loan Seller under the applicable Mortgage Loan Purchase Agreement. Such enforcement,
including, without limitation, the legal prosecution of claims, if any, shall be carried out in the best interest of the Certificateholders
in accordance with the Servicing Standard. Any costs incurred by an applicable Master Servicer or applicable Special Servicer with respect
to the enforcement of the obligations of the applicable Mortgage Loan Seller under the applicable Mortgage Loan Purchase Agreement shall,
to the extent not recovered from the applicable Mortgage Loan Seller, be deemed to be Servicing Advances to the extent not otherwise provided
for herein. The applicable Master Servicer or the applicable Special Servicer, as applicable, shall be reimbursed for the reasonable costs
of such enforcement: first, from a specific recovery, if any, of costs, expenses or attorneys’ fees against the applicable
Mortgage Loan Seller; second, pursuant to Section 3.05(a)(vii) herein out of the related Purchase Price, to the extent
that such expenses are a specific component thereof; and third, if at the conclusion of such enforcement action it is determined
that the amounts described in clauses first and second are insufficient, then pursuant to Section 3.05(a)(vii)
herein out of general collections on the Mortgage Loans on deposit in the related Collection Account. Any costs, expenses or attorneys’
fees related to a repurchase of a Companion Loan shall be paid pursuant to the related Intercreditor Agreement or pursuant to the documents
related to an Other Securitization, if applicable.

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(g)               If
a Mortgage Loan Seller incurs any expense in connection with the curing of a Breach that constitutes a Material Defect, which also constitutes
a default under the related Mortgage Loan and is reimbursable thereunder, such Mortgage Loan Seller shall have a right, and shall be
subrogated to the rights of the Trustee and the Trust under the Mortgage Loan to recover the amount of such expenses from the related
Mortgagor; provided, however, that such Mortgage Loan Seller’s rights pursuant to this Section 2.03(g)
shall be junior, subject and subordinate to the rights of the Trustee, the Certificate Administrator, the Trust, each applicable
Master Servicer and each applicable Special Servicer to recover amounts owed by the related Mortgagor under the terms of such Mortgage
Loan including, without limitation, the rights to recover unreimbursed Advances, accrued and unpaid interest on Advances at the Reimbursement
Rate, fees owed to each applicable Master Servicer or each applicable Special Servicer, and unpaid or unreimbursed expenses of the Trustee,
the Certificate Administrator, the Trust, each applicable Master Servicer or each applicable Special Servicer allocable to such Mortgage
Loan. The Enforcing Servicer shall use reasonable efforts to recover such expenses for such Mortgage Loan Seller to the extent consistent
with the Servicing Standard, but taking into account the subordinate nature of the reimbursement to the related Mortgage Loan Seller;
provided, however, that the Enforcing Servicer determines in the exercise of its sole discretion consistent with the Servicing
Standard that such actions by it will not impair the Enforcing Servicer’s collection or recovery of principal, interest and other
sums due with respect to the related Mortgage Loan that would otherwise be payable to the applicable Master Servicer, the applicable
Special Servicer, the Trustee, the Certificate Administrator and the Certificateholders pursuant to the terms of this Agreement; provided,
further, that such Special Servicer may waive the collection of amounts due on behalf of such Mortgage Loan Seller in its sole
discretion in accordance with the Servicing Standard.

(h)              
If (i) any Crossed Underlying Loan is required to be repurchased or substituted for in the manner described in this Section 2.03
and (ii) the applicable Material Defect does not constitute a Material Defect as to any other Crossed Underlying Loan in the related
Crossed Mortgage Loan Group (without regard to this paragraph), then the applicable Material Defect shall be deemed to constitute a Material
Defect as to any other Crossed Underlying Loan in the related Crossed Mortgage Loan Group for purposes of this paragraph, and the related
Mortgage Loan Seller shall repurchase or substitute for such other Crossed Underlying Loan(s) in the related Crossed Mortgage Loan Group
as provided in Section 2.03(b) unless such other Crossed Underlying Loans satisfy the Crossed Underlying Loan Repurchase Criteria.
In the event that the remaining Crossed Underlying Loans in such Crossed Mortgage Loan Group satisfy the Crossed Underlying Loan Repurchase
Criteria, the applicable Mortgage Loan Seller may elect either to repurchase or substitute for only the affected Crossed Underlying Loan(s)
as to which the related Material Defect exists or to repurchase or substitute for all of the Crossed Underlying Loans in the related Crossed
Mortgage Loan Group. Any reserve or other cash collateral or letters of credit securing the Crossed Underlying Loans shall be allocated
among the related Crossed Underlying Loans in accordance with the related Mortgage Loan documents or otherwise on a pro rata basis
based upon their outstanding Stated Principal Balances. Except as provided in this Section 2.03(h) and Section 2.03(i),
all other terms of the related Mortgage Loans shall remain in full force and effect without any modification thereof.

(i)                
Notwithstanding the foregoing, if the related Mortgage provides for the partial release of one or more of the Crossed Underlying
Loans, the Depositor may cause the related Mortgage Loan Seller to repurchase only that Crossed Underlying Loan required to be

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repurchased pursuant to this Section 2.03,
pursuant to the partial release provisions of the related Mortgage; provided, however, that (i) the remaining related
Crossed Underlying Loan(s) fully comply with the terms and conditions of the related Mortgage, this Agreement and the related Mortgage
Loan Purchase Agreement, including the Crossed Underlying Loan Repurchase Criteria, (ii) in connection with such partial release,
the related Mortgage Loan Seller obtains an Opinion of Counsel (at such Mortgage Loan Seller’s expense) to the effect that the contemplated
action will not cause an Adverse REMIC Event and (iii) in connection with such partial release, the related Mortgage Loan Seller
delivers or causes to be delivered to the Custodian original modifications to the Mortgage prepared and executed in connection with such
partial release.

(j)                
With respect to any Crossed Underlying Loan, to the extent that the applicable Mortgage Loan Seller is required or elects, as applicable,
to repurchase or substitute for such Crossed Underlying Loan in the manner prescribed in Section 2.03(h) or Section
2.03(i) while the Trustee continues to hold any other Crossed Underlying Loans in the related Crossed Mortgage Loan Group, the applicable
Mortgage Loan Seller and the Enforcing Servicer, on behalf of the Trustee, as assignee of the Depositor, will, as set forth in the related
Mortgage Loan Purchase Agreement, forbear from enforcing any remedies against the other’s Primary Collateral but each will be permitted
to exercise remedies against the Primary Collateral securing its respective related Mortgage Loans, including with respect to the Trustee,
the Primary Collateral securing the Mortgage Loans still held by the Trustee, so long as such exercise does not materially impair the
ability of the other party to exercise its remedies against its Primary Collateral. If the exercise of the remedies by one party would
materially impair the ability of the other party to exercise its remedies with respect to the Primary Collateral securing the Crossed
Underlying Loans held by such party, then both parties have agreed in the related Mortgage Loan Purchase Agreement to forbear from exercising
such remedies until the Mortgage Loan documents evidencing and securing the relevant Mortgage Loan can be modified in a manner that complies
with the related Mortgage Loan Purchase Agreement to remove the threat of material impairment as a result of the exercise of remedies.

(k)              
 (i) In the event an Initial Requesting Certificateholder delivers a written request to a party to this Agreement that a Mortgage
Loan be repurchased by the applicable Mortgage Loan Seller alleging the existence of a Material Defect with respect to such Mortgage Loan
and setting forth the basis for such allegation (a “Certificateholder Repurchase Request”), such party shall promptly
forward that Certificateholder Repurchase Request to the applicable Master Servicer and the applicable Special Servicer, and the Enforcing
Servicer shall promptly forward the Certificateholder Repurchase Request to the related Mortgage Loan Seller and each other party to this
Agreement. Subject to Section 2.03(l), the Enforcing Servicer shall be the Enforcing Party with respect to a Certificateholder
Repurchase Request.

(ii)                       
In the event that the Depositor, a Master Servicer, a Special Servicer, the Trustee, the Certificate Administrator, the Operating
Advisor (solely in its capacity as operating advisor) or the Directing Certificateholder identifies a Material Defect with respect to
a Mortgage Loan (without implying any duty of such person to make, or to attempt to make, such a discovery), that party shall deliver
prompt written notice of such Material Defect to each other party to this Agreement, the Directing Certificateholder and the related Mortgage
Loan Seller identifying the applicable Mortgage Loan and setting forth the basis for such allegation (a “PSA Party Repurchase
Request” and each of a

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Certificateholder Repurchase Request
or a PSA Party Repurchase Request, the “Repurchase Request”) and the Enforcing Servicer shall promptly send the PSA
Party Repurchase Request to the related Mortgage Loan Seller. The Enforcing Servicer shall act as the Enforcing Party and enforce the
rights of the Trust against the related Mortgage Loan Seller with respect to a PSA Party Repurchase Request.

(iii)                      In
the event the Repurchase Request is not Resolved within one hundred eighty (180) days after the Mortgage Loan Seller receives
the Repurchase Request (a “Resolution Failure”), then the provisions described in Section 2.03(l) below shall
apply. Receipt of the Repurchase Request shall be deemed to occur two (2) Business Days after the Repurchase Request is
sent to the related Mortgage Loan Seller. A Resolved Repurchase Request shall not preclude the applicable Master Servicer (in the case
of Non-Specially Serviced Loans) or the applicable Special Servicer (in the case of Specially Serviced Loans) from exercising any of
their respective rights related to a Material Defect in the manner and timing otherwise set forth in this Agreement, in the related Mortgage
Loan Purchase Agreement or as provided by law.

(l)                
 (i) After a Resolution Failure occurs with respect to a Repurchase Request regarding a Mortgage Loan (whether the Repurchase
Request was initiated by an Initial Requesting Certificateholder, a party to this Agreement or the Directing Certificateholder), the Enforcing
Servicer shall send a notice (a “Proposed Course of Action Notice”) to the Initial Requesting Certificateholder, if
any, to the address specified in the Initial Requesting Certificateholder’s Repurchase Request, and to the Certificate Administrator
(which shall be delivered via electronic mail to trustadministrationgroup@wellsfargo.com). The Certificate Administrator shall
make the Proposed Course of Action Notice available to all other Certificateholders and Certificate Owners by posting such notice on the
Certificate Administrator’s Website indicating the Enforcing Servicer’s intended course of action with respect to the Repurchase
Request (a “Proposed Course of Action”). The Proposed Course of Action Notice shall include (a) a request to Certificateholders
to indicate their agreement with or dissent from such Proposed Course of Action by clearly marking “agree” or “disagree”
to the Proposed Course of Action on such notice within thirty (30) days after the date of such notice and a disclaimer that responses
received after such thirty (30)-day period will not be taken into consideration, (b) a statement that in the event any Certificateholder
disagrees with the Proposed Course of Action, the Enforcing Servicer (either as the Enforcing Party or as the Enforcing Servicer in circumstances
where a Certificateholder is acting as the Enforcing Party) shall be compelled to follow the course of action agreed to and/or proposed
by the majority of the responding Certificateholders that involves referring the matter to mediation or arbitration, as the case may be,
in accordance with the procedures relating to the delivery of Preliminary Dispute Resolution Election Notices and Final Dispute Resolution
Election Notices described in this Section 2.03(l), (c) a statement that responding Certificateholders will be required to certify
their holdings in connection with such response, (d) a statement that only responses clearly marked “agree” or “disagree”
with such Proposed Course of Action will be taken into consideration and (e) instructions for responding Certificateholders to send their
responses to the Enforcing Servicer and the Certificate Administrator. The Certificate Administrator shall, within three (3) Business
Days after the expiration of the 30-day response period, tabulate the responses received from the Certificateholders and share the results
with the Enforcing Servicer. The Certificate Administrator shall only count responses timely received that clearly indicate agreement
or dissent with the related Proposed Course of Action and additional verbiage or

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qualifying language shall not be taken into
consideration for purposes of determining whether the related Certificateholder agrees or disagrees with the Proposed Course of Action.
The Certificate Administrator shall be under no obligation to answer any questions from Certificateholders regarding such Proposed Course
of Action. For the avoidance of doubt, the Certificate Administrator’s obligations in connection with this Section 2.03(l)
shall be limited solely to tabulating Certificateholder responses of “agree” or “disagree” to the Proposed Course
of Action, and such obligation shall not be construed to impose any enforcement obligation on the Certificate Administrator. The Enforcing
Servicer may conclusively rely (without investigation) on the Certificate Administrator’s tabulation of the responses of the responding
Certificateholders and whether that amount constitutes a majority. If (a) the Enforcing Servicer’s intended course of action
with respect to the Repurchase Request does not involve pursuing further action to exercise rights against the related Mortgage Loan Seller
with respect to the Repurchase Request and the Initial Requesting Certificateholder, if any, or any other Certificateholder or Certificate
Owner wishes to exercise its right to refer the matter to mediation (including nonbinding arbitration) or arbitration, or (b) the
Enforcing Servicer’s intended course of action is to pursue further action to exercise rights against the applicable Mortgage Loan
Seller with respect to the Repurchase Request but the Initial Requesting Certificateholder, if any, or any other Certificateholder (other
than the holder of the RR Interest) or Certificate Owner does not agree with the dispute resolution method selected by the Enforcing Servicer,
then the Initial Requesting Certificateholder, if any, or such other Certificateholder or Certificate Owner may deliver to the Enforcing
Servicer a written notice (a “Preliminary Dispute Resolution Election Notice”) within thirty (30) days from the date
the Proposed Course of Action Notice is posted on the Certificate Administrator’s Website (the “Dispute Resolution Cut-off
Date”) indicating its intent to exercise its right to refer the matter to either mediation or arbitration. In the event any
Certificateholder or Certificate Owner entitled to do so delivers a Preliminary Dispute Resolution Election Notice, and the Enforcing
Servicer has also received responses from other Certificateholders or Certificate Owners supporting the Enforcing Servicer’s initial
Proposed Course of Action, such responses will be considered Preliminary Dispute Resolution Election Notices supporting the Proposed Course
of Action.

(ii)              
If neither the Initial Requesting Certificateholder, if any, nor any other Certificateholder or Certificate Owner entitled to do
so delivers a Preliminary Dispute Resolution Election Notice prior to the Dispute Resolution Cut-off Date, no Certificateholder or Certificate
Owner otherwise entitled to do so shall have the right to refer the Repurchase Request to mediation or arbitration, and the Enforcing
Servicer shall be the sole party entitled to determine a course of action, including, but not limited to, enforcing the Trust’s
rights against the related Mortgage Loan Seller, subject to any consent or consultation rights of the Directing Certificateholder pursuant
to Section 6.08.

(iii)               
Promptly and in any event within ten (10) Business Days following receipt of a Preliminary Dispute Resolution Election Notice from
(a) the Initial Requesting Certificateholder, if any, or (b) any other Certificateholder (other than of the RR Interest) or Certificate
Owner (each of clauses (a) and (b), a “Requesting Certificateholder”), the Enforcing Servicer shall
consult with each Requesting Certificateholder regarding such Requesting Certificateholder’s intention to elect either mediation
(including nonbinding arbitration) or arbitration as the dispute resolution method with respect to the Repurchase Request (the “Dispute
Resolution Consultation”) so that such Requesting Certificateholder may consider the views of the Enforcing Servicer as to the
claims underlying the

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Repurchase Request and possible dispute
resolution methods, such discussions to occur and be completed no later than ten (10) Business Days following the Dispute Resolution Cut-off
Date. The Enforcing Servicer shall be entitled to establish procedures the Enforcing Servicer deems in good faith to be appropriate relating
to the timing and extent of such consultations. No later than five (5) Business Days after completion of the Dispute Resolution Consultation,
a Requesting Certificateholder may provide a final notice to the Enforcing Servicer indicating its decision to exercise its right to refer
the matter to either mediation or arbitration (“Final Dispute Resolution Election Notice”).

(iv)                If,
following the Dispute Resolution Consultation, no Requesting Certificateholder timely delivers a Final Dispute Resolution Election Notice
to the Enforcing Servicer, then the Enforcing Servicer will continue to act as the Enforcing Party and will remain obligated under this
Agreement to determine a course of action including, but not limited to, enforcing the rights of the Trust with respect to the Repurchase
Request and no Certificateholder or Certificate Owner shall have any further right to elect to refer the matter to mediation or arbitration.

(v)                
If a Requesting Certificateholder timely delivers a Final Dispute Resolution Election Notice to the Enforcing Servicer, then such
Requesting Certificateholder shall become the Enforcing Party and must promptly submit the matter to mediation (including nonbinding arbitration)
or arbitration. If more than one Requesting Certificateholder timely deliver a Final Dispute Resolution Election Notice, then such Requesting
Certificateholders shall collectively become the Enforcing Party, and the holder or holders of a majority of the Voting Rights among such
Requesting Certificateholders shall be entitled to make all decisions relating to such mediation or arbitration. If, however, no Requesting
Certificateholder commences arbitration or mediation pursuant to the terms of this Agreement within thirty (30) days after delivery of
its Final Dispute Resolution Election Notice to the Enforcing Servicer, then (A) the rights of a Requesting Certificateholder to
act as the Enforcing Party shall terminate and no Certificateholder or Certificate Owner shall have any further right to elect to refer
the matter to mediation or arbitration, (B) if the Proposed Course of Action Notice indicated that the Enforcing Servicer shall take
no further action with respect to the Repurchase Request, then the related Material Defect shall be deemed waived for all purposes under
this Agreement and the related Mortgage Loan Purchase Agreement; provided, however, that such Material Defect shall not
be deemed waived with respect to a Requesting Certificateholder, any other Certificateholder or Certificate Owner or the Enforcing Servicer
to the extent there is a material change in the facts and circumstances known to such party at the time when the Proposed Course of Action
Notice is posted on the Certificate Administrator’s Website, and (C) if the Proposed Course of Action Notice had indicated
a course of action other than the course of action under clause (B), then the Enforcing Servicer shall again become the Enforcing
Party and, as such, shall be the sole party entitled to enforce the Trust’s rights against the related Mortgage Loan Seller.

(vi)                Notwithstanding
the foregoing, the dispute resolution provisions described above under this Section 2.03(l) shall not apply, and the Enforcing
Servicer shall remain the Enforcing Party, if the Enforcing Servicer has commenced litigation with respect to the Repurchase Request,
or determines in accordance with the Servicing Standard that it is in

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the best interest of Certificateholders
to commence litigation with respect to the Repurchase Request to avoid the running of any applicable statute of limitations.

(vii)              In
the event a Requesting Certificateholder becomes the Enforcing Party, the Enforcing Servicer, on behalf of the Trust, shall remain a
party to any proceedings against the related Mortgage Loan Seller as further described herein.

(viii)             For
the avoidance of doubt, none of the Depositor, any Mortgage Loan Seller nor any of their respective affiliates shall be entitled to be
an Initial Requesting Certificateholder or a Requesting Certificateholder.

(ix)                  The
Requesting Certificateholder is entitled to elect either mediation or arbitration in its sole discretion; however, the Requesting Certificateholder
shall not be entitled to then utilize the alternative method in the event that the initial method is unsuccessful.

(m)                    If
the Enforcing Party selects mediation (including nonbinding arbitration), the following provisions shall apply:

(i)               
The mediation shall be administered by a nationally recognized mediation services provider selected by the related Mortgage Loan
Seller within sixty (60) days of receipt of written notice of the Enforcing Party’s selection of mediation (such provider, the “Mediation
Services Provider”) in accordance with published mediation procedures (the “Mediation Rules”) promulgated
by the Mediation Services Provider.

(ii)                 
The mediator shall be impartial, an attorney admitted to practice in the state of New York and have at least fifteen (15) years
of experience in commercial litigation, and if possible, commercial real estate finance or commercial mortgage-backed securitization matters
and who will be appointed from a list of neutrals maintained by the Mediation Services Provider. Upon being supplied a list of at least
ten (10) potential qualified mediators by the Mediation Services Provider each party will have the right to exercise two (2) peremptory
challenges within fourteen (14) days and to rank the remaining potential mediators in order of preference. The Mediation Services Provider
shall select the mediator from the remaining attorneys on the list respecting the preference choices of the parties to the extent possible.

(iii)                 Prior
to accepting an appointment, the mediator must promptly disclose any circumstances likely to create a reasonable inference of bias or
conflict of interest or likely to preclude completion of the hearings within the prescribed time schedule.

(iv)               The
parties shall use commercially reasonable efforts to conduct an organizational conference to begin the mediation within ten (10) Business
Days of the selection of the mediator and to conclude the mediation within sixty (60) days thereafter.

(v)               
The expenses of any mediation shall be allocated among the parties to the mediation including, if applicable, between the Enforcing
Party and the Enforcing Servicer, as mutually agreed by the parties as part of the mediation.

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(vi)               Out
of pocket costs and expenses of the applicable Special Servicer for mediation or arbitration, to the extent not agreed to be paid by
the Enforcing Party or another party (in the case of mediation) or allocated to the Enforcing Party or another party (in the case of
arbitration) shall be reimbursable as a Servicing Advance.

(n)                
If the Enforcing Party selects third-party arbitration, the following provisions will apply:

(i)                
The arbitration shall be administered by a nationally recognized arbitration services provider selected by the related Mortgage
Loan Seller (such provider, the “Arbitration Services Provider”) in accordance with published arbitration procedures
(the “Arbitration Rules”) promulgated by the Arbitration Services Provider.

(ii)                  
The arbitrator shall be impartial, an attorney admitted to practice in the State of New York and have at least fifteen (15) years
of experience in commercial litigation, and if possible, commercial real estate finance or commercial mortgage-backed securitization matters
and who will be appointed from a list of neutrals maintained by the Arbitration Services Provider. Upon being supplied a list of at least
ten (10) potential arbitrators by the Arbitration Services Provider each party will have the right to exercise two (2) peremptory challenges
within fourteen (14) days and to rank the remaining potential arbitrators in order of preference. The Arbitration Services Provider
will select the arbitrator from the remaining attorneys on the list respecting the preference choices of the parties to the extent possible.

(iii)                Prior
to accepting an appointment, the arbitrator must promptly disclose any circumstances likely to create a reasonable inference of bias
or conflict of interest or likely to preclude completion of the hearings within the prescribed time schedule.

(iv)                After
consulting with the parties at an organizational conference held not later than ten (10) Business Days after its appointment, the arbitrator
shall devise procedures and deadlines for the arbitration, to the extent not already agreed to by the parties, with the goal of expediting
the proceeding and completing the arbitration within 120 days. The arbitrator shall have the authority to schedule, hear, and determine
any and all motions, including dispositive and discovery motions, in accordance with the Federal Rules of Civil Procedure for non-jury
matters (the “Rules”) (including summary judgment and other prehearing and post hearing motions), and will do so by
reasoned decision on the motion of any party to the arbitration.

(v)               
Notwithstanding whatever other discovery may be available under the Rules, unless otherwise agreed by the parties, each party to
the arbitration will be presumptively limited to the following discovery in the arbitration: (A) the parties shall reasonably and
in good faith voluntarily produce to all other parties all documents upon which they intend to rely and all documents they reasonably
and in good faith believe to be relevant to the claims or defenses asserted by any of the parties, (B) party witness depositions
(excluding Rule 30b-6 witnesses), and (C) expert witness depositions, provided that the arbitrator shall have the ability
to grant the parties, or either of them,

    	 	-172-	 

    

    

additional discovery to the extent that
the arbitrator determines good cause is shown that such additional discovery is reasonable and necessary.

(vi)               The
arbitrator shall make its final determination no later than thirty (30) days after the conclusion of the hearings and submission of any
post-hearing submissions. The arbitrator shall resolve the dispute in accordance with the terms of the related Mortgage Loan Purchase
Agreement and this Agreement, and may not modify or change those agreements in any way or award remedies not consistent with those agreements.
The arbitrator will not have the power to award punitive damages or consequential damages in any arbitration conducted by them. Interest
on any monetary award shall bear interest from the date of the Final Dispute Resolution Election Notice at the Prime Rate. In its final
determination, the arbitrator shall determine and award the costs of the arbitration (including the fees of the arbitrator, cost of any
record or transcript of the arbitration, and administrative fees) and shall award reasonable attorneys’ fees to the parties to
the arbitration as determined by the arbitrator in its reasonable discretion. The determination of the arbitrator shall be by a reasoned
decision in writing and counterpart copies will be promptly delivered to the parties. The final determination of the arbitrator shall
be final and non-appealable, except for actions to confirm or vacate the determination permitted under federal or state law, and may
be enforced in any court of competent jurisdiction.

(vii)              By
selecting arbitration, the selecting party is giving up the right to sue in court, including the right to a trial by jury.

(viii)             No
person may bring a putative or certificated class action to arbitration.

(o)                 
The following provisions will apply to both mediation and third-party arbitration:

(i)                    
Any mediation or arbitration will be held in New York, New York unless another location is agreed by all parties;

(ii)                  
If the dispute involves a matter that cannot effectively be remedied by the payment of damages, or if there be any dispute relating
to arbitration or the arbitrators that cannot be resolved promptly by the arbitrators or the Arbitration Services Provider, then any party
in such instance may during the pendency of the arbitration proceedings seek temporary equitable remedies, pending the final decision
of the arbitration panel, solely by application in the Southern District of New York if such court shall have subject matter jurisdiction,
or if the Southern District of New York has no jurisdiction, then the Supreme Court of the State of New York for the County of New York.
The arbitration proceedings shall not be stayed unless so ordered by the court.

(iii)                 The
details and/or existence of any Repurchase Request, any informal meetings, mediations or arbitration proceedings conducted under this
Section 2.03, including all offers, promises, conduct and statements, whether oral or written, made in the course of the
parties’ attempt to informally resolve any Repurchase Request, will be confidential, privileged and inadmissible for any purpose,
including impeachment, in any mediation, arbitration or litigation, or other proceeding (including any proceeding under

    	 	-173-	 

    

    

this Section 2.03). Such
information will be kept strictly confidential and shall not be disclosed or shared with any third party (other than a party’s attorneys,
experts, accountants and other agents and representatives, as reasonably required in connection with any resolution procedure under this
Section 2.03), except as otherwise required by law, regulatory requirement or court order. If any party to a resolution procedure
receives a subpoena or other request for information from a third party (other than a governmental regulatory body) for such confidential
information, the recipient shall promptly notify the other party to the resolution procedure and shall provide the other party with a
reasonable opportunity to object to the production of its confidential information.

(iv)               In
the event a Requesting Certificateholder is the Enforcing Party, the agreement with the arbitrator or mediator, as the case may be, shall
be required to contain an acknowledgment that the Trust, or the Enforcing Servicer on its behalf, shall be a party to any arbitration
or mediation proceedings solely for the purpose of being the beneficiary of any award in favor of the Enforcing Party; provided
that the degree and extent to which the Enforcing Servicer actively prepares for and participates in such proceeding shall be determined
by such Enforcing Servicer in consultation with the Directing Certificateholder (provided that a Consultation Termination Event
has not occurred and is not continuing) and in accordance with the Servicing Standard. All amounts recovered by the Enforcing Party shall
be paid to the Trust, or the Enforcing Servicer on its behalf, and deposited in the applicable Collection Account. The agreement with
the arbitrator or mediator, as the case may be, shall provide that in the event a Requesting Certificateholder is allocated any related
costs and expenses pursuant to the terms of the arbitrator’s decision or the agreement reached in mediation, neither the Trust
nor the Enforcing Servicer acting on its behalf shall be responsible for any such costs and expenses allocated to the Requesting Certificateholder.

(v)                
In the event a Requesting Certificateholder is the Enforcing Party, the Requesting Certificateholder is required to pay any expenses
allocated to the Enforcing Party in the arbitration proceedings or any expenses that the Enforcing Party agrees to bear in the mediation
proceedings.

(vi)               The
Trust (or the Trustee or the Enforcing Servicer, acting on its behalf), the Depositor or any Mortgage Loan Seller shall be permitted
to redact any personally identifiable customer information included in any information provided for purposes of any mediation or arbitration.
Each party to the proceedings shall be required to agree to keep confidential the details related to the Repurchase Request and the dispute
resolution identified in connection with such procedures; provided, however, that (A) the Certificateholders shall be permitted
to communicate prior to the commencement of any such proceedings to the extent provided in Section 5.06 and (B) the Enforcing
Servicer shall be permitted to include such information in any 15Ga-1 Notice as it is required pursuant to Section 2.02(g).

(vii)              For
the avoidance of doubt, in no event shall the exercise of any right of a Requesting Certificateholder to refer a Repurchase Request to
mediation or arbitration or participation in such mediation or arbitration affect in any manner the ability of the Enforcing Servicer
to perform its obligations with respect to a Mortgage Loan (including

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without limitation, a liquidation, foreclosure,
negotiation of a loan modification or workout, acceptance of a discounted pay off or deed in lieu, or bankruptcy or other litigation)
or the exercise of any rights of a Directing Certificateholder.

(viii)            In
the event that the method of dispute resolution selected is unsuccessful, the Requesting Certificateholder may not elect to then utilize
the alternative method.

(ix)                 Any
out-of-pocket expenses required to be borne by or allocated to the Enforcing Servicer in a mediation or arbitration or related responsibilities
pursuant to this Agreement shall be reimbursable as additional Trust Fund expenses.

(p)               
Notwithstanding anything to the contrary herein, with respect to any Joint Mortgage Loan, the obligations of each of the applicable
Mortgage Loan Sellers to repurchase with respect to a Material Defect with respect to the related Mortgage Loan shall be limited to a
repurchase with respect to the Mortgage Note it sold to the Depositor in accordance with the related Mortgage Loan Purchase Agreement.
With respect to any Joint Mortgage Loan, any cure by either of the applicable Mortgage Loan Sellers with respect to the Mortgage Note
sold by it to the Depositor in accordance with the related Mortgage Loan Purchase Agreement that also cures the Material Defect with respect
to the entire related Joint Mortgage Loan shall satisfy the cure obligations of both Mortgage Loan Sellers with respect to such Joint
Mortgage Loan.

Section 2.04       
Execution of Certificates; Issuance of Lower-Tier Regular Interests. The Trustee hereby acknowledges the assignment to it
of the Mortgage Loans and, subject to Section 2.01 and Section 2.02, the delivery to the Custodian of the Mortgage
Files and a fully executed original counterpart of each of the Mortgage Loan Purchase Agreements, together with the assignment to it of
all of the other assets included in the Lower-Tier REMIC and the Grantor Trust. Concurrently with such assignment and delivery, (i)
in exchange for the Mortgage Loans (other than Excess Interest) and the other assets comprising the Lower-Tier REMIC, receipt of which
is hereby acknowledged, the Trustee acknowledges the issuance of the Lower-Tier Regular Interests and the Class LR Interest to the
Depositor; (ii) the Trustee acknowledges the creation of the Grantor Trust (as described in Section 2.05 below); (iii) the
Trustee acknowledges the contribution by the Depositor of the Lower-Tier Regular Interests to the Upper-Tier REMIC; (iv) immediately
thereafter, in exchange for the Lower-Tier Regular Interests, the Trustee acknowledges that it has caused the Certificate Administrator
to issue the Class UR Interest and the Exchangeable Upper-Tier Regular Interests and has caused the Certificate Registrar to execute
and caused the Authenticating Agent to authenticate and to deliver to or upon the order of the Depositor, the Regular Certificates and
the Class R Certificates, and the Depositor hereby acknowledges the receipt by it or its designees, of such Certificates in authorized
Denominations evidencing, together with the Exchangeable Upper-Tier Regular Interests, the entire beneficial ownership of the Upper-Tier
REMIC (and in the case of the Class R Certificates, the Class LR Interest and the Class UR Interest); (v) the Trustee
acknowledges the contribution by the Depositor of the Exchangeable Upper-Tier Regular Interests to the Grantor Trust; (vi) the Trustee
acknowledges that it has caused the Certificate Administrator to issue the Class V Certificates and has caused the Certificate Registrar
to execute and cause the Authenticating Agent to deliver to or upon the order of the Depositor such Certificates, and the Depositor hereby
acknowledges the receipt by it, or its designees, of such Certificates in authorized denominations, evidencing beneficial ownership of
their respective portions of the Grantor Trust; and (vii) immediately

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thereafter, in exchange for the Exchangeable
Upper-Tier Regular Interests, the Trustee acknowledges that it has caused the Certificate Administrator to issue the Exchangeable Certificates
and has caused the Certificate Administrator to execute and caused the Authentication Agent to authenticate and to deliver to or upon
the order of the Depositor, the Exchangeable Certificates, and the Depositor hereby acknowledges the receipt by it or its designees, of
such Certificates in authorized Denominations evidencing beneficial ownership of their respective portions of the Grantor Trust.

Section 2.05       
Creation of the Grantor Trust. Each Class of Exchangeable Certificates, the Class V Certificates and the RR Interest are
hereby designated as undivided beneficial interests in their corresponding Grantor Trust Designation Portions, which portions shall be
treated as a grantor trust within the meaning of subpart E, part I of subchapter J of the Code.

[End of Article II]

Article III

ADMINISTRATION AND SERVICING OF THE TRUST FUND

Section 3.01       
Master Servicers to Act as Master Servicers; Special Servicers to Act as Special Servicers; Administration of the Mortgage
Loans, the Serviced Companion Loans, and REO Properties. (a) Each applicable Master
Servicer and each applicable Special Servicer shall diligently service and administer the applicable Mortgage Loans (other than any Non-Serviced
Mortgage Loan), any related Serviced Companion Loans and the applicable REO Properties (other than any REO Property related to a Non-Serviced
Mortgage Loan) it is obligated (as provided below) to service in accordance with applicable law, this Agreement and the Mortgage Loan
documents and, in the case of a Serviced Whole Loan, the related Intercreditor Agreement on behalf of the Trust and in the best interests
of and for the benefit of the Certificateholders and, in the case of the Serviced Companion Loans, the Companion Holders and the Trustee
(as Holder of the Lower-Tier Regular Interests), as a collective whole, taking into account the subordinate or pari passu nature
of such Companion Loans (as determined by the applicable Master Servicer or the applicable Special Servicer, as the case may be, in its
reasonable judgment), in accordance with applicable law, the terms of this Agreement (and, with respect to each Serviced Whole Loan or
any Mortgage Loan with related mezzanine debt, the related Intercreditor Agreement) and the terms of the respective Mortgage Loans and,
if applicable, the related Companion Loan, taking into account the subordinate or pari passu nature of the Companion Loan. With
respect to each Serviced Whole Loan, in the event of a conflict between this Agreement and the related Intercreditor Agreement, the related
Intercreditor Agreement shall control; provided that in no event shall the applicable Master Servicer or the applicable Special
Servicer, as the case may be, take any action or omit to take any action in accordance with the terms of any Intercreditor Agreement
that would cause such Master Servicer or such Special Servicer, as the case may be, to violate the Servicing Standard or the REMIC Provisions.
The General Master Servicer shall be the Master Servicer with respect to all Mortgage Loans (other than the NCB Mortgage Loans), any
related Serviced Companion Loan and other related assets in the Trust and, as such, shall service and administer such Mortgage Loans,
any related Serviced Companion Loan and such other assets as shall be required of the applicable Master Servicer hereunder and under
any related Intercreditor Agreement. The General Special Servicer shall be

    	 	-176-	 

    

    

the Special Servicer with respect to all the
Mortgage Loans (other than the NCB Mortgage Loans), any Serviced Companion Loan and other related assets in the Trust and, as such, shall
service and administer such Mortgage Loans, any related Serviced Companion Loan and such other assets as shall be required of the applicable
Special Servicer hereunder and under any related Intercreditor Agreement. The NCB Master Servicer shall be the Master Servicer with respect
to the NCB Mortgage Loans and other related assets in the Trust and, as such, shall service and administer such NCB Mortgage Loans and
such other assets as shall be required of the applicable Master Servicer hereunder. The NCB Special Servicer shall be the Special Servicer
with respect to the NCB Co-op Mortgage Loans and other related assets in the Trust and, as such, shall service and administer such NCB
Co-op Mortgage Loans and such other assets as shall be required of the applicable Special Servicer hereunder. For purposes of this Agreement
and any references to the duties and obligations of a Master Servicer or Special Servicer, any references to Mortgage Loans in the context
of such duties and/or obligations shall be deemed to refer solely to the Mortgage Loans serviced by the applicable Master Servicer or
the applicable Special Servicer and no other Mortgage Loan, Serviced Companion Loan or other related asset in the Trust serviced hereunder,
unless specifically indicated otherwise. To the extent consistent with the foregoing, each Master Servicer and each Special Servicer shall
service the applicable Mortgage Loans (other than any Non-Serviced Mortgage Loan) and the related Serviced Companion Loans in accordance
with the higher of the following standards of care: (1) in the same manner in which, and with the same care, skill, prudence and
diligence with which such Master Servicer or such Special Servicer, as the case may be, services and administers similar mortgage loans
for other third party portfolios and (2) the same care, skill, prudence and diligence with which such Master Servicer or such Special
Servicer, as the case may be, services and administers similar mortgage loans owned by such Master Servicer or such Special Servicer,
as the case may be, with a view to the (A) the timely recovery of all payments of principal and interest under the Mortgage Loans
or Serviced Whole Loans or (B) in the case of a Specially Serviced Loan or an REO Property, maximization of recovery of principal
and interest on a net present value basis on such Mortgage Loans and any related Serviced Companion Loans, and the best interests of the
Trust and the Certificateholders (as a collective whole as if such Certificateholders constituted a single lender) (and in the case of
any Whole Loan, the best interests of the Trust, the Certificateholders and any related Companion Holder (as a collective whole as if
such Certificateholders and the holder or holders of the related Companion Loans constituted a single lender), taking into account the
subordinate or pari passu, as applicable, nature of the related Companion Loans), as determined by the applicable Master Servicer
or the applicable Special Servicer, as the case may be, in its reasonable judgment, in either case giving due consideration to the customary
and usual standards of practice of prudent institutional commercial, multifamily and manufactured housing community mortgage loan servicers,
but without regard to any conflict of interest arising from: (i) any relationship that the applicable Master Servicer, the applicable
Special Servicer or any Affiliate of such Master Servicer or such Special Servicer may have with any Mortgagor, any Mortgage Loan Seller,
any other parties to this Agreement, any Sponsor, any originator of a Mortgage Loan or any Affiliate of any of the foregoing; (ii) the
ownership of any Certificate, Companion Loan, mezzanine loan, or subordinate debt relating to a Mortgage Loan by the applicable Master
Servicer, the applicable Special Servicer or any Affiliate of such Master Servicer or such Special Servicer, as applicable; (iii) the
obligation, if any, of the applicable Master Servicer to make Advances; (iv) the right of the applicable Master Servicer or the applicable
Special Servicer, as the case may be, or any of its Affiliates to receive compensation for its services and reimbursement for its costs
hereunder or

    	 	-177-	 

    

    

with respect to any particular transaction;
(v) the ownership, servicing or management for others of (a) a Non-Serviced Mortgage Loan and a Non-Serviced Companion Loan
or (b) any other mortgage loans, subordinate debt, mezzanine loans or properties not covered by this Agreement or held by the Trust
by the applicable Master Servicer or the applicable Special Servicer, as the case may be, or any of its Affiliates; (vi) any debt
that the applicable Master Servicer or the applicable Special Servicer, as the case may be, or any of its Affiliates, has extended to
any Mortgagor or an Affiliate of any Mortgagor (including, without limitation, any mezzanine financing); (vii) any option to purchase
any Mortgage Loan or a related Companion Loan the applicable Master Servicer or the applicable Special Servicer, as the case may be, or
any of its Affiliates, may have; and (viii) any obligation of the applicable Master Servicer or the applicable Special Servicer,
or any of their respective Affiliates, to repurchase or substitute for a Mortgage Loan as a Mortgage Loan Seller (if such Master Servicer
or such Special Servicer or any of their respective Affiliates is a Mortgage Loan Seller) (the foregoing, collectively referred to as
the “Servicing Standard”).

The applicable Master Servicer
and the applicable Special Servicer shall act in accordance with the Servicing Standard with respect to any action required to be taken
regarding the Non-Serviced Mortgage Loans pursuant to their obligations under this Agreement.

Without limiting the foregoing,
subject to Section 3.19, the applicable Special Servicer shall be obligated to service and administer (i) any Mortgage
Loans (other than the Non-Serviced Mortgage Loans) and any related Serviced Companion Loans as to which a Servicing Transfer Event
has occurred and is continuing (each, a “Specially Serviced Loan”) or as otherwise provided herein with respect to
Non-Specially Serviced Loans in connection with any Major Decision or Special Servicer Decision and (ii) any REO Properties (other
than the Non-Serviced Mortgaged Properties); provided that the applicable Master Servicer shall continue to receive payments
and make all calculations, and prepare, or cause to be prepared, all reports, required hereunder with respect to the Specially Serviced
Loans, except for the reports specified herein as prepared by the applicable Special Servicer, as if no Servicing Transfer Event had occurred
and with respect to the REO Properties (and the related REO Loans) as if no REO Acquisition had occurred, and to render such services
with respect to such Specially Serviced Loans and REO Properties as are specifically provided for herein; provided, further,
however, that the applicable Master Servicer shall not be liable for failure to comply with such duties insofar as such failure
results from a failure of the applicable Special Servicer to provide sufficient information to such Master Servicer to comply with such
duties or failure by such Special Servicer to otherwise comply with its obligations hereunder. No Master Servicer or Special Servicer,
in its capacity as a Master Servicer or Special Servicer, as applicable, shall have any responsibility for the performance by any other
Master Servicer or Special Servicer, in its capacity as a Master Servicer or Special Servicer, as applicable, of such other Master Servicer’s
or Special Servicer’s duties under this Agreement. Each Mortgage Loan or any related Serviced Companion Loan that becomes a Specially
Serviced Loan shall continue as such until satisfaction of the conditions specified in Section 3.19(a). Without limiting the
foregoing, subject to Section 3.19 and in accordance with the terms of this Agreement, the applicable Master Servicer shall
be obligated to service and administer any Non-Specially Serviced Loan or any related Serviced Companion Loan. The applicable Special
Servicer shall make the property inspections, use its reasonable efforts to collect the financial statements, budgets, operating statements
and rent rolls (or, with respect to residential cooperative properties, maintenance schedules) and forward to the applicable Master

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Servicer the reports in respect of the related
Mortgaged Properties with respect to Specially Serviced Loans in accordance with Section 3.12. After notification to the applicable
Master Servicer, the applicable Special Servicer may contact the Mortgagor of any Non-Specially Serviced Loan if efforts by such Master
Servicer to collect required financial information have been unsuccessful or any other issues remain unresolved. Such contact shall be
coordinated through and with the cooperation of the applicable Master Servicer. No provision herein contained shall be construed as an
express or implied guarantee by the applicable Master Servicer or the applicable Special Servicer of the collectability or recoverability
of payments on the Mortgage Loans or any related Serviced Companion Loan or be construed to impair or adversely affect any rights or benefits
provided by this Agreement to such Master Servicer or such Special Servicer (including with respect to Servicing Fees, Special Servicing
Fees or the right to be reimbursed for Advances and interest accrued thereon). Any provision in this Agreement for any Advance by the
applicable Master Servicer or the Trustee is intended solely to provide liquidity for the benefit of the Certificateholders and not as
credit support or otherwise to impose on any such Person the risk of loss with respect to one or more of the Mortgage Loans or any related
Serviced Companion Loans. No provision hereof shall be construed to impose liability on any Master Servicer or Special Servicer for the
reason that any recovery to the Certificateholders in respect of a Mortgage Loan at any time after a determination of present value recovery
is less than the amount reflected in such determination.

(b)              
Subject only to the Servicing Standard and the terms of this Agreement (including, without limitation, Section 6.08)
and of the respective Mortgage Loans, any related Serviced Companion Loans and any related Intercreditor Agreement, if applicable, and
applicable law, each applicable Master Servicer and each applicable Special Servicer shall have full power and authority, acting alone
or, subject to Section 3.20, through one or more Sub-Servicers, to do or cause to be done any and all things in connection
with such servicing and administration for which it is responsible which it may deem necessary or desirable. Without limiting the generality
of the foregoing, each of the applicable Master Servicer and the applicable Special Servicer, in its own name (or in the name of the Trustee
and, if applicable, the related Serviced Companion Noteholder), is hereby authorized and empowered by the Trustee to execute and deliver,
on behalf of the Certificateholders (and, with respect to a Serviced Companion Loan, the related Serviced Companion Noteholder) and the
Trustee or any of them, with respect to each Mortgage Loan and any related Serviced Companion Loan it is obligated to service under this
Agreement: (i) any and all financing statements, continuation statements and other documents or instruments necessary to maintain
the lien created by the related Mortgage or other security document in the related Mortgage File on the related Mortgaged Property and
related collateral, and shall, from time to time, execute and/or deliver such financing statements, continuation statements and other
documents or instruments as necessary to maintain the lien created by the related Mortgage or other security document in the related Mortgage
File on the related Mortgaged Property and related collateral; (ii) subject to Sections 3.08, 3.18 and 6.08,
any and all modifications, waivers, amendments or consents to, under or with respect to any documents contained in the related Mortgage
File; (iii) any and all instruments of satisfaction or cancellation, pledge agreements and other documents in connection with a defeasance,
or of partial or full release or discharge, and all other comparable instruments; and (iv) any or all complaints or other pleadings
to initiate and/or to terminate any action, suit or proceeding on behalf of the Trust (in their representative capacities (except as set
forth below in this paragraph)). The applicable Master Servicer (with respect to Non-Specially Serviced Loans) and the applicable Special
Servicer (with respect to Specially

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Serviced Loans) shall provide to the Mortgagor
related to such Mortgage Loans that it is servicing any reports required to be provided to them pursuant to the related Mortgage Loan
documents. Subject to Section 3.10, the Trustee shall (i) on the Closing Date, furnish to the applicable Master Servicer
and the applicable Special Servicer original powers of attorney in the form of Exhibit R-1 or Exhibit R-2
attached hereto, as applicable (or such other form as mutually agreed to by the Trustee and such Master Servicer or such Special Servicer,
as applicable) and (ii) upon request, furnish, or cause to be furnished, to the applicable Master Servicer or the applicable Special
Servicer any powers of attorney in the form of Exhibit R-1 or Exhibit R-2 attached hereto, as applicable
(or such other form as mutually agreed to by the Trustee and such Master Servicer or such Special Servicer, as applicable) and other documents
necessary or appropriate to enable the applicable Master Servicer or the applicable Special Servicer, as the case may be, to carry out
its servicing and administrative duties hereunder; provided, however, that the Trustee shall not be held responsible or
liable for any acts of the applicable Master Servicer or the applicable Special Servicer, or for any negligence with respect to, or misuse
of, any such power of attorney by such Master Servicer or such Special Servicer. Notwithstanding anything contained herein to the contrary,
the applicable Master Servicer or the applicable Special Servicer, as the case may be, shall not, without the Trustee’s written
consent: (i) initiate any action, suit or proceeding solely under the Trustee’s name without indicating such Master Servicer’s
or such Special Servicer’s, as the case may be, representative capacity (unless prohibited by any requirement of the applicable
jurisdiction in which any such action, suit or proceeding is brought and if so prohibited, in the manner required by such jurisdiction
(provided that such Master Servicer or such Special Servicer, as applicable, shall then provide five (5) Business Days’ written
notice to the Trustee of the initiation of such action, suit or proceeding (or such shorter time period as is reasonably required in the
judgment of such Master Servicer or such Special Servicer, as applicable, made in accordance with the Servicing Standard) prior to filing
such action, suit or proceeding, and shall not be required to obtain the Trustee’s consent or indicate such Master Servicer’s
or such Special Servicer’s, as applicable, representative capacity)) or (ii) take any action with the intent to cause, and
that actually causes, the Trustee to be required to be registered to do business in any state.

(c)              
To the extent the applicable Master Servicer is permitted pursuant to the terms of the related Mortgage Loan documents or Companion
Loan documents (including any related Intercreditor Agreement) to exercise its discretion with respect to any action that requires Rating
Agency Confirmation from each Rating Agency and a confirmation of any applicable rating agencies that such action will not result in the
downgrade, withdrawal or qualification of its then-current ratings of any class of Serviced Companion Loan Securities (if any) (provided
that such rating agency confirmation may be considered satisfied in the same manner as any Rating Agency Confirmation may be considered
satisfied with respect to the Certificates pursuant to Section 3.25), the applicable Master Servicer shall require the costs
of such Rating Agency Confirmation to be borne by the related Mortgagor. To the extent the terms of the related Mortgage Loan documents
or Companion Loan documents (including any related Intercreditor Agreement) require the Mortgagor to bear the costs of any Rating Agency
Confirmation or confirmation of any applicable rating agencies that such action will not result in the downgrade, withdrawal or qualification
of its then-current ratings of any class of Serviced Companion Loan Securities (if any) (provided that such rating agency confirmation
may be considered satisfied in the same manner as any Rating Agency Confirmation may be considered satisfied with respect to the Certificates
pursuant to Section 3.25), the applicable Master Servicer shall not waive the requirement that such costs and expenses be
borne by the related Mortgagor. To the extent that

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the terms of the related Mortgage Loan documents
or Companion Loan documents (including any related Intercreditor Agreement) are silent as to who bears the costs of any Rating Agency
Confirmation or confirmation of any applicable rating agencies that such action will not result in the downgrade, withdrawal or qualification
of its then-current ratings of any class of Serviced Companion Loan Securities (if any) (provided that such rating agency confirmation
may be considered satisfied in the same manner as any Rating Agency Confirmation may be considered satisfied with respect to the Certificates
pursuant to Section 3.25), the applicable Master Servicer shall use reasonable efforts to have the Mortgagor bear such costs
and expenses. The applicable Master Servicer shall not be responsible for the payment of such costs and expenses out of pocket other than
as a Servicing Advance.

(d)              
The relationship of each applicable Master Servicer and each applicable Special Servicer to the Trustee under this Agreement is
intended by the parties to be that of an independent contractor and not that of a joint venturer, partner or agent.

(e)               
Each Master Servicer shall, to the extent permitted by the related Mortgage Loan documents or any related Companion Loan documents,
and consistent with the Servicing Standard, permit Escrow Payments to be invested only in Permitted Investments.

(f)                
Within sixty (60) days (or such shorter time period as is required by the terms of the applicable Mortgage Loan documents) after
the later of (i) the receipt thereof by the applicable Master Servicer and (ii) the Closing Date, the applicable Master Servicer
shall notify each lessor under a Ground Lease for each Mortgage Loan identified as subject to a leasehold interest on the Mortgage Loan
Schedule, that the Trust is the leasehold mortgagee and that the applicable Master Servicer or the applicable Special Servicer shall service
the related Mortgage Loan for the benefit of the Certificateholders. The costs and expenses of any modifications to Ground Leases shall
be paid by the related Mortgagor.

With respect to letters of
credit delivered in accordance with sub-clause (B) of clause (xii) of the definition of “Mortgage File”,
(a) within sixty (60) days of the Closing Date or such shorter period as is required by the terms of such letter of credit or
other applicable Mortgage Loan documents, the related Mortgage Loan Seller shall notify the bank issuing the letter of credit that the
applicable Master Servicer on behalf of the Trustee shall be the beneficiary under such letter of credit, and (b) within sixty (60)
days of the Closing Date, the applicable Master Servicer shall present such letter of credit and the related assignment documentation
delivered by the Mortgage Loan Seller in accordance with such sub-clause of the definition of “Mortgage File” to the letter
of credit bank issuing such letter of credit and request that such letter of credit bank reissue the letter of credit in the name of (x)
in the case of the Mortgage Loans other than the NCB Mortgage Loans, “Wells Fargo Bank, National Association, as General Master
Servicer, on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of registered holders of BANK 2022-BNK41, Commercial
Mortgage Pass-Through Certificates, Series 2022-BNK41” or (y) in the case of the NCB Mortgage Loans, “National Cooperative
Bank, N.A., as NCB Master Servicer, on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of registered holders
of BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41”. The applicable Master Servicer shall otherwise
use reasonable efforts to obtain such reissued letter of credit back from the issuing letter of credit bank within sixty (60) days
(and in any event within ninety (90) days) following the Closing Date. The related Mortgage

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Loan Seller shall provide such reasonable cooperation
as requested by the applicable Master Servicer, including without limitation by delivering such additional assignment or amendment documents
required by the issuing bank in order to reissue a letter of credit as provided above.

If a letter of credit is
required to be drawn upon earlier than the date that the letter of credit has been revised as contemplated in the preceding paragraph,
such Mortgage Loan Seller shall cooperate with the reasonable requests of the applicable Master Servicer or the applicable Special Servicer
in connection with making a draw under such letter of credit. If the Mortgage Loan documents do not require the related Mortgagor to pay
any costs and expenses relating to any modifications to or assignment of the related letter of credit, then the applicable Mortgage Loan
Seller shall pay such costs and expenses as and to the extent required under the applicable Mortgage Loan Purchase Agreement. If the Mortgage
Loan documents require the related Mortgagor to pay any costs and expenses relating to any modifications to the related letter of credit,
and such Mortgagor fails to pay such costs and expenses after the applicable Master Servicer has exercised reasonable efforts to collect
such costs and expenses from such Mortgagor, then such Master Servicer shall give the applicable Mortgage Loan Seller notice of such failure
and the amount of costs and expenses, and such Mortgage Loan Seller shall pay such costs and expenses as and to the extent required under
the applicable Mortgage Loan Purchase Agreement. The costs and expenses of any modifications to Ground Leases shall be paid by the related
Mortgagor. Neither the applicable Master Servicer nor the applicable Special Servicer shall have any liability for the failure of any
Mortgage Loan Seller to perform its obligations under the related Mortgage Loan Purchase Agreement.

Each Master Servicer acknowledges
that any letter of credit held by it shall be held in its capacity as agent of the Trust, and if such Master Servicer sells its rights
to service the applicable Mortgage Loan, such Master Servicer shall assign the applicable letter of credit to the Trust or (with respect
to any Specially Serviced Loan) at the direction of the applicable Special Servicer to such party as such Special Servicer may instruct,
in each case at the expense of the applicable Master Servicer. Each Master Servicer shall indemnify the Trust for any loss caused by the
ineffectiveness of such assignment.

(g)               
Notwithstanding anything herein to the contrary, in no event shall the applicable Master Servicer (or the Trustee, as applicable)
make an Advance with respect to any Companion Loan to the extent the related Serviced Mortgage Loan has been paid in full or is no longer
included in the Trust Fund.

(h)              
Servicing and administration of each Serviced Companion Loan shall continue hereunder and in accordance with the related Intercreditor
Agreement for so long as the corresponding Serviced Mortgage Loan or any related REO Property is part of the Trust Fund or for such longer
period as is contemplated by the related Intercreditor Agreement and, to the extent consistent with the related Intercreditor Agreement,
as any amounts payable by the related Companion Holder to or for the benefit of the Trust or any party hereto in accordance with the related
Intercreditor Agreement remain due and owing.

(i)                 
The applicable Special Servicer agrees that upon the occurrence of a Servicing Transfer Event with respect to any Mortgage Loan
or Serviced Whole Loan that is subject to or becomes subject to an Intercreditor Agreement in the future, it shall, subject to

    	 	-182-	 

    

    

Section 3.19, use commercially
reasonable efforts to enforce, on behalf of the Trust, subject to the Servicing Standard and to the extent such Special Servicer determines
such action is in the best interests of the Trust, all rights conveyed to the Trustee pursuant to any such Intercreditor Agreement. The
costs and expenses incurred by such Special Servicer in connection with such enforcement shall be paid as a Trust Fund expense or, subject
to the terms of the applicable Intercreditor Agreement, (i) with respect to any Serviced Pari Passu Whole Loan, pro rata and pari
passu, by the Trust and Serviced Pari Passu Companion Loan Holder(s), in accordance with the respective outstanding principal balances
of the related Serviced Pari Passu Mortgage Loan and Serviced Pari Passu Companion Loan(s) or (ii) with respect to any Serviced AB
Whole Loan, first, by the related AB Subordinate Companion Loan(s) and then, pro rata and pari passu, by the
Trust and any Serviced Pari Passu Companion Loan(s), in accordance with the respective outstanding principal balances of the related Serviced
AB Mortgage Loan and Serviced Pari Passu Companion Loan(s).

(j)                 
Notwithstanding anything herein to the contrary, the parties hereto acknowledge and agree that, to the extent required under the
related Intercreditor Agreement, the servicing and administration of a Serviced Whole Loan shall continue hereunder (but not with respect
to making Advances) even if the related Serviced Mortgage Loan is no longer part of the Trust Fund, until such time as a separate servicing
agreement is entered into in accordance with the related Intercreditor Agreement (it being acknowledged that no Master Servicer or Special
Servicer shall be obligated under a separate agreement to which it is not a party); provided that, other than pursuant to Section 6.04
(and, with respect to Section 6.04, solely with respect to claims, losses, penalties, fines, forfeitures, reasonable legal
fees and related costs, judgments, and any other costs, liabilities, fees and expenses (including reasonable attorneys’ fees and
expenses and expenses relating to the enforcement of such indemnity) incurred in connection with a legal claim or action resulting from
an action or inaction taken or not taken while the related Serviced Mortgage Loan was part of the Trust Fund), no costs, expenses, losses
or fees accruing with respect to such Serviced Whole Loan on and after the date the related Serviced Mortgage Loan is no longer part of
the Trust Fund shall be payable out of the Trust Fund and the applicable Master Servicer shall have no obligation to make any Advance
on or after the date such Serviced Mortgage Loan ceases to be part of the Trust Fund; provided, however, that if, in the
case of any Serviced Whole Loan, the related Serviced Companion Loan continues to be included in an Other Securitization, then for so
long as a separate servicing agreement (pursuant to the related Intercreditor Agreement) has not been entered into, the applicable Master
Servicer shall inform the related Other Servicer of any need to make Servicing Advances with respect to a Serviced Whole Loan within three
(3) Business Days of determining that such an Advance is necessary or being notified that such an Advance is necessary, or in the case
of a Servicing Advance that needs to be made on an emergency or urgent basis, within one (1) Business Day. With respect to Servicing Advances
made by any Other Servicer as contemplated in the second proviso to the preceding sentence, the applicable Master Servicer shall, from
collections on the related Serviced Whole Loan (but never out of general collections on the Mortgage Loans and REO Properties) received
by such Master Servicer, reimburse the Other Servicer for such Servicing Advances in the same manner and on the same level of priority
as if such Servicing Advances had been made by such Master Servicer hereunder.

(k)                
Notwithstanding anything herein to the contrary, the parties hereto acknowledge and agree that the applicable Master Servicer’s
and the applicable Special Servicer’s obligations and responsibilities hereunder and the applicable Master Servicer’s and
the applicable

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Special Servicer’s authority with respect
to a Non-Serviced Mortgage Loan are limited by and subject to the terms of the related Non-Serviced Intercreditor Agreement and
the rights of the related Non-Serviced Master Servicer and Non-Serviced Special Servicer with respect thereto under the related
Non-Serviced PSA. The applicable Master Servicer (or, with respect to any Specially Serviced Loan, the applicable Special Servicer) shall
use reasonable efforts consistent with the Servicing Standards to enforce the rights of the Trustee (as holder of a Non-Serviced Mortgage
Loan) under the related Non-Serviced Intercreditor Agreement and Non-Serviced PSA.

(l)                   The
parties hereto acknowledge that each Non-Serviced Mortgage Loan is subject to the terms and conditions of the related Non-Serviced
Intercreditor Agreement and further acknowledge that, pursuant to the related Non-Serviced Intercreditor Agreement, (i) the
related Non-Serviced Mortgage Loan is to be serviced and administered by the related Non-Serviced Master Servicer and Non-Serviced
Special Servicer in accordance with the related Non-Serviced PSA, and (ii) in the event that (A) the related Non-Serviced
Companion Loan is no longer part of the trust fund created by the related Non-Serviced PSA and (B) the related Non-Serviced
Mortgage Loan is included in the Trust Fund, then, as set forth in the related Non-Serviced Intercreditor Agreement, the related
Non-Serviced Whole Loan shall continue to be serviced in accordance with the related Non-Serviced PSA, until such time as a new servicing
agreement has been agreed to by the parties to the related Non-Serviced Intercreditor Agreement in accordance with the provisions
of such agreement and confirmation has been obtained from the Rating Agencies that such new servicing agreement would not result in a
downgrade, qualification or withdrawal of the then-current ratings of any Class of Certificates then outstanding.

(m)              
Notwithstanding anything herein to the contrary, the parties hereto acknowledge and agree that the applicable Master Servicer’s
and the applicable Special Servicer’s obligations and responsibilities hereunder and the applicable Master Servicer’s and
the applicable Special Servicer’s authority with respect to a Serviced Whole Loan are limited by, and subject to, the terms of the
related Intercreditor Agreement. The applicable Master Servicer (or, if a Serviced Whole Loan becomes a Specially Serviced Loan, the applicable
Special Servicer) shall use reasonable efforts consistent with the Servicing Standard to obtain the benefits of the rights of the Trust
(as holder of the related Serviced Mortgage Loan) under the related Intercreditor Agreement. In the event of any conflict between this
Agreement and the related Intercreditor Agreement, the provisions of the related Intercreditor Agreement shall control.

(n)               
[RESERVED].

(o)               
For the avoidance of doubt, each applicable Master Servicer, each applicable Special Servicer, the Certificate Administrator and
the Trustee have no obligation or authority to (a) supervise any related Non-Serviced Master Servicer, Non-Serviced Special Servicer,
Non-Serviced Certificate Administrator or Non-Serviced Trustee or (b) make Servicing Advances with respect to any Non-Serviced Whole Loan.
The obligation of the applicable Master Servicer to provide information and collections and make P&I Advances to the Certificate Administrator
for the benefit of the Certificateholders with respect to each Non-Serviced Mortgage Loan is dependent on its receipt of the corresponding
information and/or collections from the applicable Non-Serviced Master Servicer or Non-Serviced Special Servicer.

    	 	-184-	 

    

    

(p)                
 Nothing contained in this Agreement shall limit the ability of the applicable Master Servicer or the applicable Special Servicer
to lend money to (to the extent not secured, in whole or in part, by any Mortgaged Property, except, in the case of an NCB Co-op Mortgage
Loan, any such indebtedness as to which the NCB Subordinate Debt Conditions have been satisfied, which indebtedness may be secured by
a lien on the related Mortgaged Property), accept deposits from or otherwise generally engage in any kind of business or dealings with
any Mortgagor as though the applicable Master Servicer or the applicable Special Servicer was not a party to this Agreement or to the
transactions contemplated hereby; provided that this sentence shall not be construed to modify or supersede the Servicing Standard.

Section 3.02       
Collection of Mortgage Loan Payments. (a) Each of the applicable
Master Servicer and the applicable Special Servicer shall each make reasonable efforts to collect all payments called for under the terms
and provisions of the Mortgage Loans (other than the Non-Serviced Mortgage Loans) and the Serviced Companion Loans it is obligated to
service hereunder, and shall follow such collection procedures as are consistent with this Agreement (including, without limitation,
the Servicing Standard); provided that with respect to each Mortgage Loan that has an Anticipated Repayment Date, for so long
as the related Mortgagor is in compliance with each provision of the related Mortgage Loan documents, the applicable Master Servicer
and the applicable Special Servicer shall be permitted to take any enforcement action with respect to the failure of the related Mortgagor
to make any payment of Excess Interest to the extent permitted under the related Mortgage Loan documents; provided, further,
that the applicable Master Servicer or the applicable Special Servicer, as the case may be, may take action to enforce the Trust’s
right to apply excess cash flow to principal in accordance with the terms of the Mortgage Loan documents. The applicable Master Servicer
or the applicable Special Servicer, as applicable, may in its discretion waive any Penalty Charge in connection with any delinquent payment
on a Mortgage Loan or Serviced Companion Loan that it is obligated to service hereunder three (3) times during any period of twenty-four
(24) consecutive months with respect to any Mortgage Loan or Serviced Companion Loan; provided that such Master Servicer or such
Special Servicer, as applicable, may in its discretion waive any Penalty Charge in connection with any delinquent payment on a Mortgage
Loan or Serviced Companion Loan one additional time in such 24-month period so long as with respect to any of the foregoing waivers,
no Advance or additional expense of the Trust has been incurred and remains unreimbursed to the Trust with respect to such Mortgage Loan
or Serviced Companion Loan. Any additional waivers during such 24-month period with respect to such Mortgage Loan may be made, subject
to the Servicing Standard, only after the applicable Master Servicer or the applicable Special Servicer, as the case may be, has, prior
to the occurrence and continuance of a Consultation Termination Event, given notice of a proposed waiver to the Directing Certificateholder
and, prior to the occurrence and continuance of a Control Termination Event, the Directing Certificateholder has consented to such additional
waiver (provided that if such Master Servicer or such Special Servicer, as applicable, fails to receive a response to such notice
from the Directing Certificateholder in writing within five (5) days of giving such notice, then the Directing Certificateholder shall
be deemed to have consented to such proposed waiver); provided, further, that after the occurrence and during the continuance
of a Control Termination Event, the applicable Master Servicer or the applicable Special Servicer, as the case may be, may waive any
Penalty Charge in accordance with the Servicing Standard without the consent of the Directing Certificateholder; provided, further,
that the Directing Certificateholder shall not have any consent or consultation rights with respect to any Mortgage Loan that is an Excluded
Loan as to such party with respect to the foregoing waivers.

    	 	-185-	 

    

    

(b)              
(i) All amounts collected by or on behalf of the Trust in respect of a Mortgage Loan shall be applied to amounts due and owing
under the Mortgage Loan documents (including for principal and accrued and unpaid interest) in accordance with the express provisions
of the Mortgage Loan documents (including any related Intercreditor Agreement); provided, however, that absent express
provisions in the related Mortgage Loan documents (including any related Intercreditor Agreement) or to the extent otherwise agreed to
by the related Mortgagor in connection with a workout of a Mortgage Loan, all amounts collected by or on behalf of the Trust in respect
of a Mortgage Loan in the form of payments from the related Mortgagor, Liquidation Proceeds or Insurance and Condemnation Proceeds under
the Mortgage Loan (in the case of each Serviced Whole Loan, exclusive of amounts payable to any applicable Companion Loan pursuant to
the terms of the related Intercreditor Agreement) shall be applied in the following order of priority:

first, as
a recovery of any unreimbursed Advances (including any Workout-Delayed Reimbursement Amount) with respect to such Mortgage Loan and unpaid
interest at the Reimbursement Rate on such Advances and, if applicable, unreimbursed and unpaid additional trust fund expenses (including
Special Servicing Fees, Liquidation Fees and Workout Fees previously paid by the Trust Fund from general collections);

second, as
a recovery of Nonrecoverable Advances and any interest on those Nonrecoverable Advances at the Reimbursement Rate, to the extent previously
paid or reimbursed from principal collections on such Mortgage Loan (as described in the first proviso in the definition of Aggregate
Principal Distribution Amount);

third, to
the extent not previously so allocated pursuant to clause first or second above, as a recovery of accrued
and unpaid interest on such Mortgage Loan to the extent of the excess of (i) accrued and unpaid interest (exclusive of default interest
and Excess Interest) on such Mortgage Loan at the related Mortgage Rate in effect from time to time through the end of the applicable
mortgage interest accrual period, over (ii) after taking into account any allocations pursuant to clause fifth below on
earlier dates, the aggregate portion of the accrued and unpaid interest described in sub-clause (i) of this clause third
that (A)(x) was not advanced because of the reductions (if any) in the amount of related P&I Advances for such Mortgage Loan that
have occurred in connection with related Appraisal Reduction Amounts or (y) with respect to any accrued and unpaid interest that was not
advanced due to a determination that the related P&I Advance would be a Nonrecoverable Advance, constitutes the amount of interest
that (absent such determination of nonrecoverability preventing such P&I Advance from being made) would not have been advanced because
of the reductions in the amount of related P&I Advances for such Mortgage Loan that would have occurred in connection with related
Appraisal Reduction Amounts, or (B) accrued at the related Net Mortgage Rate on the portion of the Stated Principal Balance of such Mortgage
Loan equal to any related Collateral Deficiency Amount in effect from time to time and as to which no P&I Advance was made;

fourth, to
the extent not previously so allocated pursuant to clause first or second above, as a recovery of principal
of such Mortgage Loan then due and owing, including by reason of acceleration of such Mortgage Loan following a default thereunder (or,
if the

    	 	-186-	 

    

    

Mortgage Loan has been liquidated, as
a recovery of principal to the extent of its entire remaining unpaid principal balance);

fifth, as
a recovery of accrued and unpaid interest on such Mortgage Loan to the extent of the sum of (A) the cumulative amount of the reductions
(if any) in the amount of related P&I Advances for such Mortgage Loan that have occurred in connection with related Appraisal Reduction
Amounts or would have occurred in connection with related Appraisal Reduction Amounts but for such P&I Advance not having been made
as a result of a determination that such P&I Advance would have been a Nonrecoverable Advance, and (B) any unpaid interest (exclusive
of default interest and Excess Interest) that accrued at the related Net Mortgage Rate on the portion of the Stated Principal Balance
of such Mortgage Loan equal to any related Collateral Deficiency Amount in effect from time to time and as to which no P&I Advance
was made (in each case, to the extent collections have not been allocated as recovery of such accrued and unpaid interest pursuant to
this clause fifth on earlier dates);

sixth, as
a recovery of amounts to be currently allocated to the payment of, or escrowed for the future payment of, real estate taxes, assessments
and insurance premiums and similar items relating to such Mortgage Loan;

seventh, as
a recovery of any other reserves to the extent then required to be held in escrow with respect to such Mortgage Loan;

eighth, as
a recovery of any Yield Maintenance Charge or Prepayment Premium then due and owing under such Mortgage Loan;

ninth, as
a recovery of any late payment charges and default interest then due and owing under such Mortgage Loan;

tenth, as
a recovery of any assumption fees and Modification Fees then due and owing under such Mortgage Loan;

eleventh,
as a recovery of any other amounts then due and owing under such Mortgage Loan other than remaining unpaid principal (if both consent
fees and Operating Advisor Consulting Fees are due and owing, first, allocated to consent fees and then, allocated to Operating Advisor
Consulting Fees);

twelfth, as
a recovery of any remaining principal of such Mortgage Loan to the extent of its entire remaining unpaid principal balance; and

thirteenth,
in the case of an ARD Loan after the related Anticipated Repayment Date, any accrued but unpaid Excess Interest;

provided that to the extent required
under the REMIC Provisions, payments or proceeds received (or receivable by exercise of the lender’s rights under the related Mortgage
Loan documents) with respect to any partial release of a Mortgaged Property (including in connection with a condemnation) at a time when
the loan to value ratio of the related Mortgage Loan or Serviced Whole Loan, as applicable, exceeds 125%, or would exceed 125% following
any partial release

    	 	-187-	 

    

    

(based solely on the value of real property
and excluding personal property and going concern value, if any, unless otherwise permitted under the applicable REMIC Provisions as evidenced
by an Opinion of Counsel to the Trustee) must be collected and allocated to reduce the principal balance of the Mortgage Loan or Serviced
Whole Loan in the manner required by the REMIC Provisions; provided, further, that if a Non-Serviced Mortgage Loan and
any related Non-Serviced Companion Loan comprising a Non-Serviced Whole Loan become REO Loans, the treatment of the foregoing
amounts with respect to such Non-Serviced Whole Loan shall be subject to the terms of the related Non-Serviced Intercreditor Agreement
and Non-Serviced PSA, in that order; provided, further, that with respect to each Mortgage Loan related to a Serviced Whole
Loan, amounts collected with respect to the related Serviced Whole Loan shall be allocated first pursuant to the terms of the related
Intercreditor Agreement and then, any amounts allocated to the related Serviced Mortgage Loan shall be subject to application as described
above.

(ii)              
Collections by or on behalf of the Trust in respect of any REO Property (exclusive of the amounts to be allocated to the payment
of the costs of operating, managing, leasing, maintaining and disposing of such REO Property and, if applicable, in the case of each Serviced
Whole Loan, exclusive of any amounts payable to the holder of the related Companion Loan(s), as applicable, pursuant to the related Intercreditor
Agreement) shall be applied in the following order of priority:

first, as
a recovery of any unreimbursed Advances (including any Workout-Delayed Reimbursement Amount) with respect to the related Mortgage Loan
and interest at the Reimbursement Rate on all Advances and, if applicable, unreimbursed and unpaid additional trust fund expenses (including
Special Servicing Fees, Liquidation Fees and Workout Fees previously paid by the Trust Fund from general collections) with respect to
such Mortgage Loan;

second, as
a recovery of Nonrecoverable Advances and any interest on those Nonrecoverable Advances at the Reimbursement Rate, to the extent previously
paid or reimbursed from principal collections on the Mortgage Loans (as described in the first proviso in the definition of Aggregate
Principal Distribution Amount);

third, to
the extent not previously so allocated pursuant to clause first or second above, as a recovery of accrued
and unpaid interest on such Mortgage Loan to the extent of the excess of (i) accrued and unpaid interest (exclusive of default interest
and Excess Interest) on such Mortgage Loan at the related Mortgage Rate in effect from time to time through the end of the applicable
mortgage interest accrual period, over (ii) after taking into account any allocations pursuant to clause fifth below or
clause fifth of the prior paragraph on earlier dates, the aggregate portion of the accrued and unpaid interest described
in sub-clause (i) of this clause third that (A)(x) was not advanced because of the reductions (if any) in the amount
of related P&I Advances for such Mortgage Loan that have occurred in connection with related Appraisal Reduction Amounts or (y) with
respect to any accrued and unpaid interest that was not advanced due to a determination that the related P&I Advance would be a Nonrecoverable
Advance, constitutes the amount of interest that (absent such determination of nonrecoverability preventing such P&I Advance from
being made) would not have been advanced because of the reductions in the amount of related P&I Advances for such Mortgage Loan that
would have occurred in connection

    	 	-188-	 

    

    

with related Appraisal Reduction Amounts,
or (B) accrued at the related Net Mortgage Rate on the portion of the Stated Principal Balance of such Mortgage Loan equal to any related
Collateral Deficiency Amount in effect from time to time and as to which no P&I Advance was made;

fourth, to
the extent not previously so allocated pursuant to clause first or second above, as a recovery of principal
of such Mortgage Loan to the extent of its entire unpaid principal balance;

fifth, as
a recovery of accrued and unpaid interest on such Mortgage Loan to the extent of the sum of (A) the cumulative amount of the reductions
(if any) in the amount of related P&I Advances for such Mortgage Loan that have occurred in connection with related Appraisal Reduction
Amounts or would have occurred in connection with related Appraisal Reduction Amounts but for such P&I Advance not having been made
as a result of a determination that such P&I Advance would have been a Nonrecoverable Advance and (B) any unpaid interest (exclusive
of default interest and Excess Interest) that accrued at the related Net Mortgage Rate on the portion of the Stated Principal Balance
of such Mortgage Loan equal to any related Collateral Deficiency Amount in effect from time to time and as to which no P&I Advance
was made (in each case, to the extent collections have not been allocated as recovery of accrued and unpaid interest pursuant to this
clause fifth or clause fifth of the prior paragraph on earlier dates);

sixth, as
a recovery of any Yield Maintenance Charge or Prepayment Premium then due and owing under such Mortgage Loan;

seventh, as
a recovery of any late payment charges and default interest then due and owing under such Mortgage Loan;

eighth, as
a recovery of any assumption fees and Modification Fees then due and owing under such Mortgage Loan;

ninth, as
a recovery of any other amounts then due and owing under such Mortgage Loan other than remaining unpaid principal (if both consent fees
and Operating Advisor Consulting Fees are due and owing, first, allocated to consent fees and then, allocated to Operating
Advisor Consulting Fees); and

tenth, in
the case of an ARD Loan after the related Anticipated Repayment Date, any accrued but unpaid Excess Interest;

provided that if a Non-Serviced Mortgage
Loan and any related Non-Serviced Companion Loan comprising a Non-Serviced Whole Loan becomes an REO Loan, the treatment of the foregoing
amounts with respect to such Non-Serviced Whole Loan shall be subject to the terms of the related Non-Serviced Intercreditor Agreement
and Non-Serviced PSA, in that order; provided, further, that with respect to each Mortgage Loan related to a Serviced Whole
Loan, amounts collected with respect to the related Serviced Whole Loan shall be allocated first pursuant to the terms of the related
Intercreditor Agreement and then, any amounts allocated to the related Serviced Mortgage Loan shall be subject to application as described
above.

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(iii)               Notwithstanding clauses (i) and (ii) above, such provisions shall not be deemed to affect the priority of
distributions of payments pursuant to the provisions of this Agreement. To the extent that such amounts are paid by a party other than
a Mortgagor, such amounts shall be deemed to have been paid in respect of a purchase of all or part of the Mortgaged Property (in the
case of Insurance and Condemnation Proceeds or Liquidation Proceeds) and then paid by the Mortgagor under the Mortgage Loan or Companion
Loan, as applicable, or in accordance with Section 3.02(b)(ii) above.

(c)              
To the extent consistent with the terms of the Mortgage Loans (and, with respect to each Serviced Whole Loan, the related Serviced
Companion Loan, as applicable, and the related Intercreditor Agreement) and applicable law, the applicable Master Servicer shall apply
all Insurance and Condemnation Proceeds it receives on a day other than the Due Date to amounts due and owing under the related Mortgage
Loan or Companion Loan as if such Insurance and Condemnation Proceeds were received on the Due Date immediately succeeding the month in
which Insurance and Condemnation Proceeds were received and otherwise in accordance with Section 3.02(b)(ii) above.

(d)                In
the event that the applicable Master Servicer or the applicable Special Servicer receives Excess Interest prior to the Determination
Date for any Collection Period, or receives notice from the related Mortgagor that such Master Servicer or such Special Servicer will
be receiving Excess Interest prior to the Determination Date for any Collection Period, such Master Servicer or such Special Servicer,
as the case may be, shall notify the Trustee and Certificate Administrator two (2) Business Days prior to the related Distribution Date.
None of the applicable Master Servicer, the applicable Special Servicer, the Certificate Administrator or the Trustee shall be responsible
for any failure of the related Mortgagor to pay any such Excess Interest or prepayment penalty. The preceding statements shall not, however,
be construed to limit the provisions of Section 3.02(a).

(e)              
In connection with the Mortgage Loans or any Serviced Pari Passu Companion Loan for which the related Mortgagor was required to
escrow funds or to post a letter of credit related to obtaining performance objectives, such as targeted debt service coverage levels
or leasing criteria with respect to the Mortgaged Property as a whole or particular portions thereof, if the mortgagee has the discretion
under the applicable Mortgage Loan documents to retain the cash or letter of credit (or the proceeds of such letters of credit) as additional
collateral if the relevant conditions to release are not satisfied, then the related Master Servicer may continue to hold such escrows
or letters of credit (or the proceeds of such letters of credit) as additional collateral or use such funds to reduce the principal balance
of the related Mortgage Loan or Serviced Pari Passu Companion Loan (to the extent the related Mortgage Loan documents allow such action),
unless holding or application of such funds would otherwise be inconsistent with the Mortgage Loan documents or the Servicing Standard.

(f)                  Promptly
following the Closing Date, in the case of any Non-Serviced Whole Loan and, with respect to any Servicing Shift Mortgage Loan, promptly
following receipt of notice in connection with the Servicing Shift Securitization Date, the Certificate Administrator shall send written
notice (in the form attached hereto as Exhibit T) to the related Non-Serviced Master Servicer (with a copy to any other
applicable party set forth on the schedule of addresses to Exhibit T) stating that, as of such date, the Trustee is the
holder of the related Non-Serviced

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Mortgage Loan and directing such Non-Serviced
Master Servicer to remit to the applicable Master Servicer all amounts payable to, and to forward, deliver or otherwise make available,
as the case may be, to the applicable Master Servicer all reports, statements, documents, communications and other information that are
to be forwarded, delivered or otherwise made available to, the holder of such Non-Serviced Mortgage Loan under the related Non-Serviced
Intercreditor Agreement and the related Non-Serviced PSA. The applicable Master Servicer shall, within two (2) Business Days of receipt
of properly identified funds, deposit into the applicable Collection Account all amounts received with respect to the related Non-Serviced
Mortgage Loan, the related Non-Serviced Mortgaged Property or any related REO Property.

Section 3.03       
Collection of Taxes, Assessments and Similar Items; Servicing Accounts. (a) Each
Master Servicer shall establish and maintain one or more accounts (the “Servicing Accounts”), into which all Escrow
Payments received by it shall be deposited and retained, and shall administer such Servicing Accounts in accordance with the related
Mortgage Loan documents and, if applicable, the Companion Loan documents. Any Servicing Account related to a Serviced Whole Loan shall
be held for the benefit of the Certificateholders and the related Serviced Companion Noteholder(s) collectively, but this shall not be
construed to modify the respective interests of any noteholder therein as set forth in the related Intercreditor Agreement. Amounts on
deposit in Servicing Accounts may only be invested in accordance with the terms of the related Mortgage Loan documents and Companion
Loan documents, or in Permitted Investments in accordance with the provisions of Section 3.06. Servicing Accounts shall
be Eligible Accounts to the extent permitted by the terms of the related Mortgage Loan documents. Withdrawals of amounts so deposited
from a Servicing Account may be made only to: (i) effect payment of items for which Escrow Payments were collected and comparable
items; (ii) reimburse the Trustee and then the applicable Master Servicer, if applicable, for any Servicing Advances; (iii) refund
to Mortgagors any sums as may be determined to be overages; (iv) pay interest to Mortgagors on balances in the Servicing Account,
if required by applicable law or the terms of the related Mortgage Loan or Companion Loan and as described below or, if not so required,
to the applicable Master Servicer; (v) after the occurrence of an event of default under the related Mortgage Loan or Companion
Loan, apply amounts to the indebtedness under the applicable Mortgage Loan or Companion Loan; (vi) withdraw amounts deposited
in error; (vii) pay Penalty Charges to the extent permitted by the related Mortgage Loan documents; or (viii) clear and
terminate the Servicing Account at the termination of this Agreement in accordance with Section 9.01. As part of its servicing
duties, the applicable Master Servicer shall pay or cause to be paid to the related Mortgagors interest on funds in Servicing Accounts,
to the extent required by law or the terms of the related Mortgage Loan or Companion Loan; provided, however, that in no
event shall the applicable Master Servicer be required to remit to any Mortgagor any amounts in excess of actual net investment income
or funds in the related Servicing Account. If allowed by the related Mortgage Loan documents and applicable law, the applicable Master
Servicer may charge the related Mortgagor an administrative fee for maintenance of the Servicing Accounts.

(b)              
The applicable Special Servicer, in the case of REO Loans (other than any REO Loan succeeding a Non-Serviced Mortgage Loan),
and the applicable Master Servicer, in the case of all other related Serviced Mortgage Loans and each related Serviced Companion Loan,
shall maintain accurate records with respect to each related Mortgaged Property reflecting the status of real estate taxes, assessments
and other similar items that are or may become a lien thereon and the status of insurance premiums and any ground rents payable in respect
thereof. The

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applicable Special Servicer, in the case of
REO Loans (other than any REO Loan succeeding a Non-Serviced Mortgage Loan), and the applicable Master Servicer, in the case of all
other related Serviced Mortgage Loans and each related Serviced Companion Loan, shall use reasonable efforts consistent with the Servicing
Standard to obtain, from time to time, all bills for the payment of such items (including renewal premiums) and shall effect payment thereof
from the REO Account or by the applicable Master Servicer as Servicing Advances prior to the applicable penalty or termination date and,
in any event, prior to the institution of foreclosure or similar proceedings with respect to the related Mortgaged Property for nonpayment
of such items, employing for such purpose Escrow Payments (which shall be so applied by the applicable Master Servicer at the written
direction of the applicable Special Servicer in the case of REO Loans) as allowed under the terms of the related Serviced Mortgage Loan
and Companion Loan. Other than with respect to any Non-Serviced Mortgage Loan, the applicable Master Servicer shall service and administer
any reserve accounts (including monitoring, maintaining or changing the amounts of required escrows) in accordance with the terms of such
Mortgage Loan and the related Serviced Companion Loan, as applicable, and the Servicing Standard. To the extent that a Serviced Mortgage
Loan and any related Companion Loan, as applicable, does not require a Mortgagor to escrow for the payment of real estate taxes, assessments,
insurance premiums, ground rents (if applicable) and similar items, the applicable Special Servicer, in the case of REO Loans, and the
applicable Master Servicer, in the case of all other such Mortgage Loans or Companion Loan, as applicable, that it is responsible for
servicing hereunder, shall use reasonable efforts consistent with the Servicing Standard to cause the Mortgagor to comply with its obligation
to make payments in respect of such items at the time they first become due and, in any event, prior to the institution of foreclosure
or similar proceedings with respect to the related Mortgaged Property for nonpayment of such items.

(c)              
In accordance with the Servicing Standard and for each Serviced Mortgage Loan and each Serviced Whole Loan, as applicable, the
applicable Master Servicer shall advance all such funds as are necessary for the purpose of effecting the payment of (i) real estate
taxes, assessments and other similar items that are or may become a lien thereon, (ii) ground rents (if applicable) and (iii) premiums
on Insurance Policies, in each instance if and to the extent Escrow Payments collected from the related Mortgagor (or related REO Revenues,
if applicable) are insufficient to pay such item when due and the related Mortgagor has failed to pay such item on a timely basis, and
provided, however, that the particular advance would not, if made, constitute a Nonrecoverable Servicing Advance and provided,
further, however, that with respect to the payment of taxes and assessments, the applicable Master Servicer shall not be
required to make such advance until the later of (i) five (5) Business Days after such Master Servicer, the applicable Special Servicer,
the Certificate Administrator or the Trustee, as the case may be, has received confirmation that such item has not been paid and (ii) the
date prior to the date after which any penalty or interest would accrue in respect of such taxes or assessments. The applicable Special
Servicer shall give the applicable Master Servicer and the Trustee no less than five (5) Business Days’ written (facsimile or electronic)
notice before the date on which such Master Servicer is requested to make any Servicing Advance with respect to a given Specially Serviced
Loan or REO Property; provided, however, that only two (2) Business Days’ written (facsimile or electronic) notice
shall be required in respect of Servicing Advances required to be made on an emergency or urgent basis provided, further,
that the applicable Special Servicer shall not be entitled to make such a request (other than for Servicing Advances required to be made
on an urgent or emergency basis) more frequently than once per calendar month (although such request may relate to more than one Servicing
Advance). The applicable Master Servicer may pay the aggregate amount of

    	 	-192-	 

    

    

such Servicing Advances listed on a monthly
request to the applicable Special Servicer, in which case such Special Servicer shall remit such Servicing Advances to the ultimate payees.
The applicable Special Servicer shall have no obligation to make any Servicing Advances; provided that in an urgent or emergency
situation requiring the making of a Servicing Advance, such Special Servicer may make a Servicing Advance in its sole discretion. Within
five (5) Business Days of making such a Servicing Advance, such Special Servicer shall deliver to the applicable Master Servicer a request
for reimbursement for such Servicing Advance, along with all information and documentation in such Special Servicer’s possession
regarding the subject Servicing Advance as such Master Servicer may reasonably request, and such Master Servicer shall be obligated, out
of such Master Servicer’s own funds, to reimburse such Special Servicer for any unreimbursed Servicing Advances (other than Nonrecoverable
Servicing Advances) made by such Special Servicer pursuant to the terms hereof, together with interest thereon at the Reimbursement Rate
from the date made to, but not including, the date of reimbursement. Such reimbursement and any accompanying payment of interest shall
be made within five (5) Business Days of the written request therefor pursuant to the preceding sentence by wire transfer of immediately
available funds to an account designated in writing by such Special Servicer. Upon the applicable Master Servicer’s reimbursement
to the applicable Special Servicer of any Servicing Advance and payment to such Special Servicer of interest thereon, all in accordance
with this Section 3.03, such Master Servicer shall for all purposes of this Agreement be deemed to have made such Servicing
Advance at the same time as such Special Servicer actually made such Servicing Advance, and accordingly, such Master Servicer shall be
entitled to be reimbursed for such Servicing Advance, together with interest thereon at the Reimbursement Rate, at the same time, in the
same manner and to the same extent as such Master Servicer would otherwise have been entitled if it had actually made such Servicing Advance
at the time such Special Servicer did. Notwithstanding the foregoing provisions of this Section 3.03(c), the applicable Master
Servicer shall not be required to reimburse the applicable Special Servicer out of its own funds for, or to make at the direction of such
Special Servicer, any Servicing Advance if such Master Servicer determines in its reasonable judgment that such Servicing Advance, although
not characterized by such Special Servicer as a Nonrecoverable Servicing Advance, is in fact a Nonrecoverable Servicing Advance. The applicable
Master Servicer shall notify such Special Servicer in writing of such determination and, if applicable, such Nonrecoverable Servicing
Advance shall instead be reimbursed to such Special Servicer pursuant to Section 3.05 of this Agreement.

Any request by a Special
Servicer that the applicable Master Servicer make a Servicing Advance shall be deemed to be a determination by such Special Servicer that
such requested Servicing Advance is not a Nonrecoverable Servicing Advance, and such Master Servicer and the Trustee shall be entitled
to conclusively rely on such determination; provided that the determination shall not be binding on such Master Servicer or Trustee.
On the first Business Day after the Determination Date for the related Distribution Date, the applicable Special Servicer shall report
to the applicable Master Servicer if such Special Servicer determines any Servicing Advance previously made by such Master Servicer with
respect to a Specially Serviced Loan or REO Loan is a Nonrecoverable Servicing Advance. Such Master Servicer shall be entitled to conclusively
rely on such a determination, and such determination shall be binding upon such Master Servicer, and shall in no way limit the ability
of such Master Servicer in the absence of such determination to make its own determination that any Advance is a Nonrecoverable Advance.
If the applicable Special Servicer makes a determination that only a portion of, and not all of, any previously made or proposed Servicing
Advance is a Nonrecoverable Advance, the applicable

    	 	-193-	 

    

    

Master Servicer shall have the right to make
its own subsequent determination that any remaining portion of any such previously made or proposed Servicing Advance is a Nonrecoverable
Advance. If the applicable Master Servicer, the applicable Special Servicer or the Trustee determines that a proposed Servicing Advance
with respect to a Serviced Whole Loan, if made, or any outstanding Servicing Advance with respect to a Serviced Whole Loan previously
made, would be, or is, as applicable, a Nonrecoverable Advance, the applicable Master Servicer or the Trustee, as applicable, shall provide
the applicable Other Servicer written notice of such determination within two (2) Business Days of the date of such determination. Any
such determination by the applicable Special Servicer that a Servicing Advance is or would be a Nonrecoverable Servicing Advance shall
be binding on the applicable Master Servicer and the Trustee. All such Advances shall be reimbursable in the first instance from related
collections from the Mortgagors and further as provided in Section 3.05(a). No costs incurred by a Master Servicer or a Special
Servicer in effecting the payment of real estate taxes, assessments and, if applicable, ground rents on or in respect of the Mortgaged
Properties shall, for purposes hereof, including, without limitation, the Certificate Administrator’s calculation of monthly distributions
to Certificateholders, be added to the unpaid principal balances of the related Mortgage Loans, any related Serviced Companion Loan, if
applicable, notwithstanding that the terms of such Mortgage Loans, related Serviced Companion Loan, if applicable, so permit. If the applicable
Master Servicer fails to make any required Servicing Advance as and when due (including any applicable cure periods), to the extent the
Trustee has actual knowledge of such failure, the Trustee shall make such Servicing Advance pursuant to Section 7.05. Notwithstanding
anything herein to the contrary, no Servicing Advance shall be required hereunder if such Servicing Advance would, if made, constitute
a Nonrecoverable Servicing Advance. In addition, each applicable Master Servicer shall consider Unliquidated Advances in respect of prior
Servicing Advances for purposes of nonrecoverability determinations. No Special Servicer shall have an obligation to make any Servicing
Advances or recoverability determination with respect to any Servicing Advance under this Agreement.

Notwithstanding anything
to the contrary contained in this Section 3.03(c), the applicable Master Servicer may in its good faith judgment elect (but
shall not be required unless directed by the applicable Special Servicer with respect to Specially Serviced Loans and REO Loans) to make
a payment from amounts on deposit in the applicable Collection Account (or any Companion Distribution Account maintained as a subaccount
thereof by a Companion Paying Agent, if applicable) (which shall be deemed first made from amounts distributable as principal and
then from all other amounts comprising general collections) to pay for certain expenses set forth below notwithstanding that the
applicable Master Servicer (or the applicable Special Servicer, as the case may be) has determined that a Servicing Advance with respect
to such expenditure would be a Nonrecoverable Servicing Advance (unless, with respect to Specially Serviced Loans or REO Loans, the applicable
Special Servicer has notified the applicable Master Servicer to not make such expenditure), where making such expenditure would prevent
(i) the related Mortgaged Property from being uninsured or being sold at a tax sale or (ii) any event that would cause a loss
of the priority of the lien of the related Mortgage, or the loss of any security for the related Mortgage Loan or Serviced Companion Loan;
provided that in each instance, the applicable Master Servicer or the applicable Special Servicer, as the case may be, determines
in accordance with the Servicing Standard (as evidenced by an Officer’s Certificate delivered to the Trustee) that making such expenditure
is in the best interest of the Certificateholders (and, if applicable, the Companion Holders), all as a collective whole (taking into
account the subordinate

    	 	-194-	 

    

    

or pari passu nature of any Companion
Loans). The applicable Master Servicer or the Trustee may elect to obtain reimbursement of Nonrecoverable Servicing Advances from the
Trust pursuant to the terms of Section 3.17(c). The parties acknowledge that pursuant to the applicable Non-Serviced PSA,
the applicable Non-Serviced Master Servicer is obligated to make servicing advances with respect to the related Non-Serviced Whole
Loan. The applicable Non-Serviced Master Servicer shall be entitled to reimbursement for nonrecoverable servicing advances with respect
to such Non-Serviced Whole Loan (with, in each case, any accrued and unpaid interest thereon provided for under the applicable Non-Serviced
PSA) in the manner set forth in the applicable Non-Serviced PSA and the applicable Non-Serviced Intercreditor Agreement.

(d)              
In connection with its recovery of any Servicing Advance out of the applicable Collection Account (or any Companion Distribution
Account maintained as a subaccount thereof by the Companion Paying Agent, if applicable) pursuant to Section 3.05(a), the
Trustee, the applicable Special Servicer and then the applicable Master Servicer, as the case may be and in that order, shall be entitled
to receive, out of any amounts then on deposit in the applicable Collection Account interest at the Reimbursement Rate in effect from
time to time, accrued on the amount of such Servicing Advance from the date made to, but not including, the date of reimbursement. Subject
to Section 3.17(c), the applicable Master Servicer shall reimburse itself, the applicable Special Servicer or the Trustee,
as the case may be, for any outstanding Servicing Advance as soon as practically possible after funds available for such purpose are deposited
in the applicable Collection Account (or any Companion Distribution Account maintained as a subaccount thereof by the Companion Paying
Agent, if applicable) subject to the applicable Master Servicer’s or the Trustee’s options and rights to defer recovery of
such amounts as provided herein; provided, however, that such Master Servicer’s or Trustee’s options and rights
to defer recovery of such amounts shall not alter such Master Servicer’s obligation to reimburse such Special Servicer for any outstanding
Servicing Advance as provided for in this sentence. To the extent amounts on deposit in the Companion Distribution Account with respect
to the related Companion Loan are insufficient for any such reimbursement, the applicable Master Servicer shall use efforts in accordance
with the Servicing Standard to enforce the rights of the holder of the related Mortgage Loan under the related Intercreditor Agreement
to obtain any reimbursement available from the holder of the related Companion Loan.

(e)              
To the extent an operations and maintenance plan is required to be established and executed pursuant to the terms of a Serviced
Mortgage Loan, the applicable Master Servicer shall request from the Mortgagor written confirmation thereof within a reasonable time after
the later of the Closing Date and the date as of which plan is required to be established or completed. To the extent any repairs, capital
improvements, actions or remediations are required to have been taken or completed pursuant to the terms of the Serviced Mortgage Loan,
the applicable Master Servicer shall request from the Mortgagor written confirmation of such actions and remediations within a reasonable
time after the later of the Closing Date and the date as of which action or remediations are required to be or to have been taken or completed.
To the extent a Mortgagor shall fail to promptly respond to any inquiry described in this Section 3.03(e), the applicable
Master Servicer shall report any such failure to the applicable Special Servicer within a reasonable time after the date as of which actions
or remediations are required to be or to have been taken or completed.

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Section 3.04       
The Collection Accounts, the Lower-Tier REMIC Distribution Account, the Upper-Tier REMIC Distribution Account, the
Companion Distribution Account, the Interest Reserve Account, the Excess Interest Distribution Account, the Gain-on-Sale Reserve
Account and the Retained Certificate Gain-on-Sale Reserve Account. (a) Each
Master Servicer shall establish and maintain, or cause to be established and maintained, a Collection Account in which such Master Servicer
shall deposit or cause to be deposited on a daily basis and in no event later than the second (2nd) Business Day following
receipt of available and properly identified funds (in the case of payments by Mortgagors or other collections on the Mortgage Loans
or Companion Loans), except as otherwise specifically provided herein, the following payments and collections received or made by or
on behalf of it subsequent to the Cut-off Date (other than in respect of principal and interest on the Mortgage Loans or Companion
Loans due and payable on or before the Cut-off Date, which payments shall be delivered promptly to the appropriate Mortgage Loan
Seller or its respective designee and other than any amounts received from Mortgagors which are received in connection with the purchase
of defeasance collateral), or payments (other than Principal Prepayments) received by it on or prior to the Cut-off Date but allocable
to a period subsequent thereto, in each case, with respect to the Mortgage Loans for which it acts as Master Servicer:

(i)               
all payments on account of principal, including Principal Prepayments on the Mortgage Loans or principal prepayments on Serviced
Companion Loans;

(ii)                all
payments on account of interest on the Mortgage Loans or the Serviced Companion Loans, including Excess Interest, Prepayment Premiums,
Yield Maintenance Charges and Default Interest;

(iii)             late
payment charges and other Penalty Charges to the extent required to offset interest on Advances and additional expenses of the Trust
(including Special Servicing Fees, Workout Fees or Liquidation Fees) as required by Section 3.11(d);

(iv)              all
Insurance and Condemnation Proceeds and Liquidation Proceeds (other than Gain-on-Sale Proceeds or Non-Serviced Gain-on-Sale Proceeds)
received in respect of any Mortgage Loan, Serviced Companion Loan or REO Property (other than (A) Liquidation Proceeds that are
received in connection with the purchase by the applicable Master Servicer, the applicable Special Servicer, the Holder of the majority
of the Controlling Class, or the Holders of the Class R Certificates of all the Mortgage Loans and any REO Properties in the Trust
Fund and that are to be deposited in the Lower-Tier REMIC Distribution Account pursuant to Section 9.01 and (B) any
proceeds that are received in connection with the purchase, if any, of a Serviced Pari Passu Companion Loan from a securitization by
the related mortgage loan seller, which shall be paid directly to the servicer of such securitization) together with any recovery of
Unliquidated Advances in respect of the related Mortgage Loans;

(v)                any
amounts required to be transferred from the applicable REO Account pursuant to Section 3.14(c);

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(vi)              any amounts required to be deposited by any Master Servicer pursuant to Section 3.06 in connection with losses incurred
with respect to Permitted Investments of funds held in its Collection Account; and

(vii)            any
amounts required to be deposited by any Master Servicer or any Special Servicer pursuant to Section 3.07(b) in connection
with losses resulting from a deductible clause in a blanket hazard or master single interest policy.

Notwithstanding the foregoing
requirements, a Master Servicer need not deposit into its Collection Account any amount that such Master Servicer would be authorized
to withdraw immediately from such account in accordance with the terms of Section 3.05 and shall be entitled to instead immediately
pay such amount directly to the Person(s) entitled thereto; provided that such amounts shall be applied in accordance with the
terms hereof and shall be reported as if deposited in such Collection Account and then withdrawn.

The foregoing requirements
for deposit in each applicable Collection Account shall be exclusive, it being understood and agreed that, without limiting the generality
of the foregoing, actual payments from Mortgagors in the nature of Escrow Payments, charges for beneficiary statements or demands, assumption
fees, modification fees, extension fees, defeasance fees, amounts collected for Mortgagor checks returned for insufficient funds or other
amounts any Master Servicer or any Special Servicer would be entitled to retain as additional servicing compensation need not be deposited
by such Master Servicer in its Collection Account. If any Master Servicer shall deposit in its Collection Account any amount not required
to be deposited therein, it may at any time withdraw such amount from its Collection Account, any provision herein to the contrary notwithstanding.
Assumption, extension and modification fees actually received from Mortgagors on Specially Serviced Loans shall be promptly delivered
to the applicable Special Servicer as additional servicing compensation.

Upon receipt of any of the
foregoing amounts in clauses (i) through (iv) above with respect to any Specially Serviced Loans, the applicable Special
Servicer shall remit within one (1) Business Day such amounts to the applicable Master Servicer for deposit into the applicable Collection
Account, in accordance with this Section 3.04(a), provided that to the extent any of the foregoing amounts are received
after 2:00 p.m. (Eastern Time) on any given Business Day, the applicable Special Servicer shall use commercially reasonable efforts to
remit such amounts within one (1) Business Day of receipt of such amount, but, in any event, the applicable Special Servicer shall remit
such amounts to the applicable Master Servicer within two (2) Business Days of receipt of such amounts; Any such amounts received by the
applicable Special Servicer with respect to an REO Property shall be deposited by such Special Servicer into its REO Account and remitted
to the applicable Master Servicer for deposit into its Collection Account, pursuant to Section 3.14(c). With respect to any
such amounts paid by check to the order of the applicable Special Servicer, such Special Servicer shall endorse without recourse or warranty
such check to the order of the applicable Master Servicer and shall promptly deliver any such check to such Master Servicer by overnight
courier. Funds in each applicable Collection Accounts may only be invested in Permitted Investments in accordance with the provisions
of Section 3.06. As of the Closing Date, the Collection Account for the General Master Servicer shall be located at the offices
of Wells Fargo Bank, National Association. As of the Closing Date, the Collection Account for the NCB Master Servicer shall be located
at the offices of Wells Fargo Bank, National Association.

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Each Master Servicer shall give written notice
to the Trustee, each applicable Special Servicer, the Certificate Administrator and the Depositor of the new location of its Collection
Account prior to any change thereof.

(b)              
The Certificate Administrator, on behalf of the Trustee, shall establish and maintain (i) the Lower-Tier REMIC Distribution
Account, the Interest Reserve Account, the Gain-on-Sale Reserve Account and the Retained Certificate Gain-on-Sale Reserve
Account in trust for the benefit of the Certificateholders (other than the Holders of the Excess Interest Certificates), (ii) the
Upper-Tier REMIC Distribution Account in trust for the benefit of the Certificateholders (other than the Holders of the Excess Interest
Certificates) and (iii) the Excess Interest Distribution Account in trust for the benefit of the Holders of the Excess Interest Certificates
and the RR Interest. Each Master Servicer shall deliver to the Certificate Administrator each month on or before the P&I Advance Date
therein, for deposit (x) in the Lower-Tier REMIC Distribution Account, that portion of the Aggregate Available Funds attributable
to the Mortgage Loans for which it acts as Master Servicer (in each case, calculated without regard to clauses (a)(iii)(B),
(a)(iv), (c) and (d) of the definition of Aggregate Available Funds) for the related Distribution Date and (y) in
the Excess Interest Distribution Account all Excess Interest for the related Distribution Date then on deposit in the applicable Collection
Account maintained by the applicable Master Servicer after giving effect to withdrawals of funds pursuant to Section 3.05(a)(ii).
For the avoidance of doubt, so long as Computershare Trust Company, National Association is the Certificate Administrator, all funds held
in the Distribution Account, the Interest Reserve Account and the Excess Interest Distribution Account shall remain uninvested.

The Certificate Administrator
shall, on any Distribution Date, make withdrawals from the Excess Interest Distribution Account to the extent required to make the distributions
of Excess Interest required by Section 4.01(j) of this Agreement.

With respect to each Serviced
Companion Loan, the Companion Paying Agent shall establish and maintain the Companion Distribution Account, which may be a subaccount
of the related Collection Account, for distributions to each Serviced Companion Noteholder. Funds in the Companion Distribution Account
shall be held for the benefit of the related Serviced Companion Noteholders. The Companion Paying Agent shall separately track for each
Serviced Companion Loan all amounts deposited in the Companion Distribution Account with respect to such Serviced Companion Loan.

On each Serviced Whole Loan
Remittance Date, (1) first, the applicable Master Servicer shall withdraw from its Collection Account (or applicable portion thereof)
an aggregate amount equal to all payments and/or collections actually received on, and payable in respect of, the Serviced Companion Loans
prior to such date and deposit such amount in the Companion Distribution Account; provided, however, that in no event shall
the applicable Master Servicer be required to transfer to the Companion Distribution Account any portion thereof that is payable or reimbursable
to or at the direction of any party to this Agreement under the other provisions of this Agreement and/or the related Intercreditor Agreement;
and (2) then, the Companion Paying Agent shall make the payments and remittance described in Section 4.01(k). With respect
to any Serviced Whole Loan, in the event the applicable Master Servicer has received written notice that an Other Servicer or Other Trustee
has made an advance of a monthly debt service payment on a related Serviced Pari Passu Companion Loan and such Master Servicer subsequently
receives Late

    	 	-198-	 

    

    

Collections in respect of such advanced payment,
such Master Servicer shall remit to the applicable Other Servicer or Other Trustee, within two (2) Business Days following receipt of
such Late Collections in properly identified funds, the amount allocable to such Serviced Pari Passu Companion Loan in accordance with
the terms of this Agreement and the related Intercreditor Agreement.

The Lower-Tier REMIC
Distribution Account, the Upper-Tier REMIC Distribution Account, the Excess Interest Distribution Account, the Gain-on-Sale
Reserve Account, the Retained Certificate Gain-on-Sale Reserve Account and the Interest Reserve Account, may be subaccounts of
a single Eligible Account, which shall be maintained as a segregated account separate from other accounts.

In addition to the amounts
required to be deposited in the Lower-Tier REMIC Distribution Account pursuant to this Section 3.04, each Master Servicer
shall, as and when required hereunder, deliver to the Certificate Administrator for deposit in the Lower-Tier REMIC Distribution Account:

(i)                   any
amounts required to be deposited by such Master Servicer pursuant to Section 3.17(a) as Compensating Interest Payments
(other than the portion of any Compensating Interest Payment allocated to a Serviced Pari Passu Companion Loan) in connection with Prepayment
Interest Shortfalls;

(ii)              
any P&I Advances required to be made by such Master Servicer in accordance with Section 4.03;

(iii)              any
Liquidation Proceeds paid by such Master Servicer, the applicable Special Servicer, the Holders of the Controlling Class or the Holders
of the Class R Certificates in connection with the purchase of all of the Mortgage Loans and any REO Properties in the Trust Fund
pursuant to Section 9.01 (exclusive of that portion thereof required to be deposited in the related Collection Account
pursuant to Section 9.01);

(iv)              any
Prepayment Premiums and Yield Maintenance Charges with respect to the Mortgage Loans actually collected; and

(v)                any
other amounts required to be so delivered for deposit in the Lower-Tier REMIC Distribution Account pursuant to any provision of this
Agreement.

If, as of the close of business
(New York City time) on any P&I Advance Date or on such other date as any amount referred to in the foregoing clauses (i)
through (v) or any Excess Interest are required to be delivered hereunder, the applicable Master Servicer shall not have delivered
to the Certificate Administrator for deposit in the Lower-Tier REMIC Distribution Account or the Excess Interest Distribution Account,
as applicable, the amounts required to be deposited therein pursuant to the provisions of this Agreement (including any P&I Advance
with respect to the Mortgage Loans, pursuant to Section 4.03(a)), the applicable Master Servicer shall pay the Certificate
Administrator interest on such late payment at the Prime Rate from and including the date such payment was required to be made (without
regard to any Grace Period set forth in Section 7.01(a)(i)) until (but not including) the date such late payment is received
by the Certificate Administrator.

    	 	-199-	 

    

    

The Certificate Administrator
shall, upon receipt, deposit in the Lower-Tier REMIC Distribution Account or the Excess Interest Distribution Account, as applicable,
any and all amounts received by the Certificate Administrator that are required by the terms of this Agreement to be deposited therein.

Promptly on each Distribution
Date, the Certificate Administrator shall be deemed to withdraw from the Lower-Tier REMIC Distribution Account and deposit in the
Upper-Tier REMIC Distribution Account an aggregate amount of immediately available funds equal to the Lower-Tier Distribution
Amount and the amount of any Prepayment Premiums and Yield Maintenance Charges for such Distribution Date allocated in payment of the
Lower-Tier Regular Interests as specified in Section 4.01(c) and Section 4.01(e), respectively.

Funds on deposit in the Gain-on-Sale
Reserve Account, the Retained Certificate Gain-on-Sale Reserve Account, the Interest Reserve Account, the Excess Interest Distribution
Account, the Upper-Tier REMIC Distribution Account or the Lower-Tier REMIC Distribution Account shall not be invested for so long
as Computershare Trust Company, National Association is the Certificate Administrator; provided, however, that such funds
may be invested and, if invested, shall be invested by, and at the risk of, the Certificate Administrator (but only if the Certificate
Administrator is not Computershare Trust Company, National Association) in Permitted Investments selected by the party hereunder that
maintains such account which shall mature, unless payable on demand, not later than such time on the Distribution Date which will allow
the Certificate Administrator to make withdrawals from the Distribution Account, and any such Permitted Investment shall not be sold or
disposed of prior to its maturity unless payable on demand. All such Permitted Investments to be administered by the Certificate Administrator,
shall be made in the name of “Computershare Trust Company, National Association, as Certificate Administrator, for the benefit of
Wilmington Trust, National Association, as Trustee for the Holders of BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates,
Series 2022-BNK41 as their interests may appear”, or in the name of any successor trustee, as Trustee for the Holders of BANK 2022-BNK41,
Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41 as their interests may appear. None of the Trust, the Depositor, the
Mortgagors, any Master Servicer or any Special Servicer shall be liable for any loss incurred on such Permitted Investments.

An amount equal to all income
and gain realized from any such investment shall be paid to the Certificate Administrator as additional compensation and shall be subject
to its withdrawal at any time from time to time. The amount of any losses incurred in respect of any such investments shall be for the
account of the Certificate Administrator which shall deposit the amount of such loss (to the extent not offset by income from other investments)
in the Distribution Accounts, as the case may be, out of its own funds immediately as realized. If the Certificate Administrator deposits
in or transfers to the Distribution Accounts, as the case may be, any amount not required to be deposited therein or transferred thereto,
it may at any time withdraw such amount or retransfer such amount from the Distribution Accounts, as the case may be, any provision herein
to the contrary notwithstanding.

As of the Closing Date, the
Interest Reserve Account, the Excess Interest Distribution Account, the Upper-Tier REMIC Distribution Account and the Lower-Tier
REMIC Distribution Account shall be located at the offices of the Certificate Administrator. The

    	 	-200-	 

    

    

Certificate Administrator shall give notice
to the Trustee, each applicable Master Servicer, and the Depositor of the proposed location of the Interest Reserve Account, the Excess
Interest Distribution Account, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, and, if established,
the Gain-on-Sale Reserve Account and the Retained Certificate Gain-on-Sale Reserve Account prior to any change thereof.

For the avoidance of doubt,
the applicable Collection Account (other than (i) any portion holding Excess Interest and (ii) the Companion Distribution Account,
if it is a sub-account of the applicable Collection Account), the Lower-Tier REMIC Distribution Account, the Gain-on-Sale Reserve
Account, the Retained Certificate Gain-on-Sale Reserve Account, any Servicing Account, the REO Account and the Interest Reserve
Account (including interest, if any, earned on the investment of funds in such accounts) will be owned by the Lower-Tier REMIC; the
Excess Interest Distribution Account (and any portion of the applicable Collection Account holding Excess Interest) (including interest,
if any, earned on the investment of funds in such account) will be owned by the Grantor Trust for the benefit of the Holders of the Excess
Interest Certificates and the RR Interest; the Companion Distribution Account (including interest, if any, earned on the investment of
funds in such account) will be owned by the Companion Holders; and the Upper-Tier REMIC Distribution Account (including interest,
if any, earned on the investment of funds such account) will be owned by the Upper-Tier REMIC, each for federal income tax purposes.

(c)              
Prior to any Determination Date for the first Collection Period during which Excess Interest is received on any Mortgage Loan,
and upon notification from a Master Servicer or a Special Servicer pursuant to Section 3.02(d), the Certificate Administrator,
on behalf of the Certificateholders, shall establish and maintain the Excess Interest Distribution Account in its own name on behalf of
the Trustee in trust for the benefit of the Holders of the Excess Interest Certificates and the RR Interest. The Excess Interest Distribution
Account shall be established and maintained as an Eligible Account (or as a subaccount of an Eligible Account). Prior to the applicable
Distribution Date, the applicable Master Servicer shall remit to the Certificate Administrator for deposit in the Excess Interest Distribution
Account an amount equal to the Excess Interest received by such Master Servicer prior to the Determination Date for the applicable Collection
Period.

(d)              
Following the distribution of the applicable portions of Excess Interest to Holders of the Excess Interest Certificates and the
RR Interest, as applicable, on the first Distribution Date after which there are no longer any Mortgage Loans outstanding which pursuant
to their terms could pay Excess Interest, the Certificate Administrator shall terminate the Excess Interest Distribution Account.

(e)              
The Certificate Administrator shall establish (upon notice from the applicable Special Servicer of an event occurring that generates
Gain-on-Sale Proceeds) and maintain (i) the Gain-on-Sale Reserve Account for the benefit of the Certificateholders (other
than the Holders of the RR Interest) and (ii) the Retained Certificate Gain-on-Sale Reserve Account for the benefit of the Holders
of the RR Interest. Each of the Gain-on-Sale Reserve Account and the Retained Certificate Gain-on-Sale Reserve Account
shall be maintained as an Eligible Account (or as a subaccount of an Eligible Account), separate and apart from trust funds for mortgage
pass-through certificates of other series administered by the Certificate Administrator.

    	 	-201-	 

    

    

Upon the disposition of any
REO Property, in accordance with Section 3.09 or Section 3.16, the applicable Special Servicer will calculate
the Gain-on-Sale Proceeds, if any, realized that are allocable to the Mortgage Loan and any gain that is allocable to any related
Serviced Companion Loan in connection with such sale and remit such funds to the applicable Master Servicer on the later of (x) the related
Determination Date or (y) the date that is two (2) Business Days after such amounts are received and properly identified and determined
to be available, along with a notation of the amount of Gain-on-Sale Proceeds in the CREFC® REO Liquidation Report. On
the related Remittance Date, the applicable Master Servicer shall remit such funds that are allocable to the Mortgage Loan to the Certificate
Administrator, who shall deposit (i) the Non-Retained Percentage of such funds into the Gain-on-Sale Reserve Account and (ii)
the Required Credit Risk Retention Percentage of such funds into the Retained Certificate Gain-on-Sale Reserve Account. Any gain
on such disposition that is allocable to any related Companion Loan in accordance with the terms of the related Intercreditor Agreement
shall be remitted to the Companion Paying Agent for deposit into the Companion Distribution Account.

(f)               
Any Non-Serviced Gain-on-Sale Proceeds received with respect to any Non-Serviced Mortgage Loan pursuant to the related Non-Serviced
PSA shall be remitted to the Certificate Administrator as follows: (i) the Non-Retained Percentage of such funds for deposit into the
Gain-on-Sale Reserve Account and (ii) the Required Credit Risk Retention Percentage of such funds for deposit into the Retained
Certificate Gain-on-Sale Reserve Account.

(g)              
[RESERVED].

(h)              
[RESERVED].

(i)                
If any Loss of Value Payments are received in connection with a Material Defect pursuant to or as contemplated by Section 3.05(g)
of this Agreement, the applicable Special Servicer shall establish and maintain one or more non-interest bearing accounts (collectively,
the “Loss of Value Reserve Fund”) to be held for the benefit of the Certificateholders, for purposes of holding such
Loss of Value Payments. Each account that constitutes the Loss of Value Reserve Fund shall be an Eligible Account or a sub-account of
an Eligible Account. The applicable Special Servicer shall, within two (2) Business Days of receipt of properly identified and available
Loss of Value Payments, deposit in the Loss of Value Reserve Fund all Loss of Value Payments received by it. The Certificate Administrator
shall account for the Loss of Value Reserve Fund as an outside reserve fund within the meaning of Treasury Regulations Section 1.860G-2(h)
and not an asset of any Trust REMIC or the Grantor Trust. Furthermore, for all federal tax purposes, the Certificate Administrator shall
(i) treat amounts paid out of the Loss of Value Reserve Fund through the applicable Collection Account to the Certificateholders
as paid to and distributed by the Trust REMICs and (ii) treat any amounts paid out of the Loss of Value Reserve Fund through the
applicable Collection Account to a Mortgage Loan Seller as distributions by the Trust to such Mortgage Loan Seller as beneficial owner
of the Loss of Value Reserve Fund. The applicable Mortgage Loan Seller will be the beneficial owner of the Loss of Value Reserve Fund
for all federal income tax purposes, and shall be taxable on all income earned thereon.

Section 3.05       
Permitted Withdrawals from the Collection Accounts, the Distribution Accounts and the Companion Distribution Account. (a) Each
Master Servicer may, from time to time, make withdrawals from its Collection Account (or the applicable subaccount of

    	 	-202-	 

    

    

the applicable Collection Account exclusive
of the Companion Distribution Account) for any of the following purposes (the following not being an order of priority and without duplication
of the same payment or reimbursement):

(i)                  (A)  no
later than 4:00 p.m., New York City time, on each P&I Advance Date, to remit to the Certificate Administrator for deposit
in the Lower-Tier REMIC Distribution Account and the Excess Interest Distribution Account the amounts required to be remitted by
such Master Servicer pursuant to the first paragraph of Section 3.04(b) or that may be applied to make P&I Advances
pursuant to Section 4.03(a); and (B) pursuant to the second paragraph of Section 3.04(b), to remit
to the Companion Paying Agent for deposit in the Companion Distribution Account the amounts required to be so deposited with respect
to the Companion Loans;

(ii)              
(A)  to pay itself (or, with respect to any Transferable Servicing Interest, to pay Wells Fargo Bank, National Association
if Wells Fargo Bank, National Association is no longer the General Master Servicer or NCB if NCB is no longer the NCB Master Servicer,
any such interest pursuant to Section 3.11(a)) unpaid Servicing Fees in respect of each Mortgage Loan, Serviced Companion
Loan, Specially Serviced Loan, and REO Loan, as applicable, the applicable Master Servicer’s rights to payment of Servicing Fees
pursuant to this clause (ii)(A) with respect to any Mortgage Loan, related Serviced Companion Loan, Specially Serviced Loan
or REO Loan, as applicable, being limited to amounts received on or in respect of such Mortgage Loan or related Serviced Companion Loan
(whether in the form of payments, Liquidation Proceeds or Insurance and Condemnation Proceeds) or such REO Loan (whether in the form of
REO Revenues, Liquidation Proceeds or Insurance and Condemnation Proceeds), that are allocable as recovery of interest thereon, (B) to
pay the applicable Special Servicer any unpaid Special Servicing Fees, Liquidation Fees and Workout Fees in respect of each Specially
Serviced Loan or REO Loan or Corrected Loan, as applicable, and any expense incurred by such Special Servicer in connection with performing
any inspections pursuant to Section 3.12(a), remaining unpaid first, out of related REO Revenues, Liquidation Proceeds,
Insurance and Condemnation Proceeds and collections in respect of the related Specially Serviced Loan (provided that, in the case
of such payment relating to a Serviced Whole Loan, such payment shall be made, subject to the terms of the related Intercreditor Agreement
(i) with respect to a Serviced Pari Passu Whole Loan, pro rata and pari passu, from the related Serviced Pari Passu
Mortgage Loan and Serviced Pari Passu Companion Loan(s), in accordance with their respective outstanding principal balances, or (ii) with
respect to a Serviced AB Whole Loan, first, from the related AB Subordinate Companion Loan(s) and then, from the Serviced
AB Mortgage Loan and any Serviced Pari Passu Companion Loans on a pro rata and pari passu basis) and then out of
general collections on the Mortgage Loans and REO Properties serviced by such Master Servicer, (C) to pay the Operating Advisor (or
the applicable Master Servicer, if applicable) any unpaid Operating Advisor Fees or Operating Advisor Consulting Fees in respect of each
Mortgage Loan, Specially Serviced Loan or REO Loan (other than any related Companion Loan), as applicable, the Operating Advisor’s
right to payment of the Operating Advisor Fee or Operating Advisor Consulting Fee pursuant to this clause (ii)(C) with respect
to any Mortgage Loan, Specially Serviced Loan or REO Loan (other than any related Companion Loan), as applicable, being limited to amounts
received on or in respect of such Mortgage

    	 	-203-	 

    

    

Loan (whether in the form of payments,
P&I Advances (solely with respect to the Operating Advisor Fee), Liquidation Proceeds or Insurance and Condemnation Proceeds), such
REO Loan (whether in the form of REO Revenues, Liquidation Proceeds or Insurance and Condemnation Proceeds), that are allocable as recovery
of interest thereon, and (D) to pay the Asset Representations Reviewer, any unpaid Asset Representations Reviewer Fee and (subject
to Section 12.02(b)) Asset Representations Reviewer Asset Review Fee, if any, payable in connection with any Asset Review
performed as a result of an Affirmative Asset Review Vote;

(iii)              to
reimburse the Trustee and itself, as applicable (in that order), for unreimbursed P&I Advances, the applicable Master Servicer’s
or the Trustee’s right to reimbursement pursuant to this clause (iii) being limited to amounts received which represent
Late Collections of interest (net of the related Servicing Fee) on and principal of the particular Mortgage Loans and REO Loans with
respect to which P&I Advances were made; provided that with respect to each Serviced Whole Loan, reimbursement of P&I
Advances shall be made only from amounts collected with respect to the related Serviced Mortgage Loan and not from any amounts collected
with respect to any related Serviced Companion Loan (provided that, with respect to any AB Subordinate Companion Loan, the foregoing
shall not limit or otherwise modify the terms of the related Intercreditor Agreement pursuant to which any amounts collected with respect
to the related Whole Loan are allocated to the related Serviced AB Mortgage Loan, any Serviced Pari Passu Companion Loans and the AB
Subordinate Companion Loans) prior to reimbursement from other funds unrelated to such Serviced Whole Loan on deposit in such Collection
Account; provided, further, that if such P&I Advance with respect to a Mortgage Loan becomes a Workout-Delayed
Reimbursement Amount, then the maker of such P&I Advance shall additionally, but without duplication, thereafter be entitled to reimbursement
for such P&I Advance from the portion of general collections and recoveries on or in respect of the Mortgage Loans and REO Properties
serviced by such Master Servicer on deposit in such Collection Account from time to time that represent collections or recoveries of
principal to the extent provided in clause (v) below; and provided, further, that if such Advance becomes
a Nonrecoverable Advance, then such Advance shall be reimbursable pursuant to clause (v) below;

(iv)              to
reimburse the Trustee, the applicable Special Servicer and itself, as applicable (in that order), for unreimbursed Servicing Advances,
the applicable Master Servicer’s, the applicable Special Servicer’s or the Trustee’s respective rights to receive payment
pursuant to this clause (iv) with respect to any Serviced Mortgage Loan or any related Companion Loan or any REO Property
being limited to, as applicable, related payments, Liquidation Proceeds, Insurance and Condemnation Proceeds and REO Revenues (provided
that, in the case of such reimbursement relating to a Serviced Whole Loan, such reimbursements shall be made, subject to the terms
of the related Intercreditor Agreement (i) with respect to a Serviced Pari Passu Whole Loan, pro rata and pari passu, from
the related Serviced Pari Passu Mortgage Loan and Serviced Pari Passu Companion Loan(s) in accordance with their respective outstanding
principal balances, or (ii) with respect to a Serviced AB Whole Loan, first, from the related AB Subordinate Companion
Loan(s) and then, from the related Serviced AB Mortgage Loan and any Serviced Pari Passu Companion Loans on a pro rata and
pari passu basis (provided that, with respect to

    	 	-204-	 

    

    

any AB Subordinate Companion Loan, the
foregoing shall not limit or otherwise modify the terms of the related Intercreditor Agreement pursuant to which any amounts collected
with respect to the related Whole Loan are allocated to the related Serviced Mortgage Loan, any Serviced Pari Passu Companion Loans and
the AB Subordinate Companion Loans), prior to reimbursement from other funds unrelated to such Serviced Whole Loan on deposit in such
Collection Account related to any Mortgage Loan); provided, however, that if such Servicing Advance becomes a Workout-Delayed
Reimbursement Amount, then the maker of such Servicing Advance shall additionally, but without duplication, thereafter be entitled to
reimbursement for such Servicing Advance from the portion of general collections and recoveries on or in respect of the Mortgage Loans
and REO Properties serviced by such Master Servicer on deposit in such Collection Account from time to time that represent collections
or recoveries of principal to the extent provided in clause (v) below; provided, further, that if such Advance
becomes a Nonrecoverable Advance, then such Advance shall be reimbursable pursuant to clause (v) below;

(v)               to
reimburse the Trustee, the applicable Special Servicer and itself, as applicable (in that order) (1) for Nonrecoverable Advances
first, out of REO Revenues, Liquidation Proceeds and Insurance and Condemnation Proceeds, if any, received on the related Mortgage
Loan and any related Companion Loan (with respect to such Companion Loan, only for Nonrecoverable Servicing Advances made with respect
thereto), then, out of the principal portion of general collections on the Mortgage Loans and REO Properties serviced by such
Master Servicer, then, to the extent the principal portion of general collections is insufficient and with respect to such excess
only, subject to any exercise of the sole option to defer reimbursement thereof pursuant to Section 3.17(c), out of general
collections on the Mortgage Loans and REO Properties serviced by such Master Servicer, (2) for Workout-Delayed Reimbursement
Amounts, out of the principal portion of the general collections on the Mortgage Loans and REO Properties serviced by such Master Servicer
net of such amounts being reimbursed pursuant to (1) above; (provided that, in the case of such reimbursement of a Nonrecoverable
Servicing Advance relating to a Serviced Whole Loan, such reimbursement shall be made, subject to the terms of the related Intercreditor
Agreement (i) with respect to a Serviced Pari Passu Whole Loan, pro rata and pari passu, from the related Serviced Pari
Passu Mortgage Loan and Serviced Pari Passu Companion Loan(s) in accordance with their respective outstanding principal balances, or
(ii) with respect to a Serviced AB Whole Loan, first, from the related AB Subordinate Companion Loan(s) and then,
from the related Serviced AB Mortgage Loan and any Serviced Pari Passu Companion Loans on a pro rata and pari passu basis
and provided, further, that, in the case of such reimbursement with respect to Nonrecoverable Servicing Advances relating
to a Serviced Whole Loan, such reimbursement shall be made as described above in this clause (v)(1) and (v)(2),
prior to reimbursement from other funds unrelated to such Serviced Whole Loan on deposit in such Collection Account; provided,
further, that with respect to a Serviced Mortgage Loan, reimbursement of Nonrecoverable P&I Advances from funds collected
from the related Serviced Whole Loan shall be made only from amounts collected with respect to such Serviced Mortgage Loan (and not from
any amounts collected with respect to the related Serviced Companion Loan), in accordance with the terms of the related Intercreditor
Agreement (provided that, with respect to any Serviced Companion Loan, the foregoing with respect to Nonrecoverable Servicing
Advances and Nonrecoverable P&I Advances shall not limit or otherwise modify

    	 	-205-	 

    

    

the terms of the related Intercreditor
Agreement pursuant to which any amounts collected with respect to the related Whole Loan are allocated to the related Serviced Mortgage
Loan, any Serviced Pari Passu Companion Loans and AB Subordinate Companion Loan), prior to reimbursement from other funds unrelated to
such Serviced Whole Loan on deposit in such Collection Account related to any Mortgage Loan) or (3) to pay itself, with respect
to any Mortgage Loan, any related Companion Loan, if applicable, or REO Property any related earned Servicing Fee that remained unpaid
in accordance with clause (ii) above following a Final Recovery Determination made with respect to such Mortgage Loan or
REO Property and the deposit into such Collection Account of all amounts received in connection therewith;

(vi)              at
such time as it reimburses the Trustee and itself, as applicable (in that order) or any Other Trustee or Other Servicer for a related
securitization trust in respect of any Serviced Pari Passu Companion Loan for (a) any unreimbursed P&I Advance (including
any such P&I Advance that constitutes a Workout-Delayed Reimbursement Amount) pursuant to clause (iii) or clause (v)
above, to pay itself and/or the Trustee or such other servicing party, as applicable, any interest accrued and payable thereon in
accordance with Sections 4.03(d) and 3.11(d), (b) any unreimbursed Servicing Advances (including any such
Servicing Advance that constitutes a Workout-Delayed Reimbursement Amount) pursuant to clause (iv) or clause (v)
above, to pay itself, the applicable Special Servicer or the Trustee, or Other Trustee or Other Servicer as the case may be, any
interest accrued and payable thereon in accordance with Section 3.03(d) and Section 3.11(d) or (c) any Nonrecoverable
Advances pursuant to clause (v) above, to pay itself, the applicable Special Servicer or the Trustee, or Other Trustee
or Other Servicer as the case may be, any interest accrued and payable thereon; provided that in all events, subject to the related
Intercreditor Agreement, interest on P&I Advances on any Serviced Mortgage Loan shall not be paid from funds actually distributable
to any related Serviced Companion Loan (provided that, with respect to any AB Subordinate Companion Loan, the foregoing shall
not limit or otherwise modify the terms of the related Intercreditor Agreement pursuant to which any amounts collected with respect to
the related Whole Loan are allocated to the related Serviced AB Mortgage Loan, any Serviced Pari Passu Companion Loans and AB Subordinate
Companion Loans);

(vii)            to
reimburse itself, the applicable Special Servicer or the Trustee, as the case may be, for any unreimbursed expenses reasonably incurred
by such Person in respect of any Material Defect giving rise to a repurchase or substitution obligation of a Mortgage Loan Seller
or any other obligation of such Mortgage Loan Seller under Section 4 of the applicable Mortgage Loan Purchase Agreement, including,
without limitation, any expenses arising out of the enforcement of the repurchase or substitution obligation or any other obligation
of such Mortgage Loan Seller, each such Person’s right to reimbursement pursuant to this clause (vii) with respect
to any Mortgage Loan being limited to that portion of the Purchase Price, the Loss of Value Payment or Substitution Shortfall Amount
paid with respect to such Mortgage Loan, that represents such expense in accordance with clause (iv) of the definition
of Purchase Price;

(viii)            in
accordance with Section 2.03(f), to reimburse itself or the applicable Special Servicer, as the case may be, first,
out of Liquidation Proceeds, Insurance and

    	 	-206-	 

    

    

Condemnation Proceeds, if any, with respect
to the related Mortgage Loan or REO Loan, and then out of general collections on the Mortgage Loans and REO Properties serviced
by such Master Servicer, for any unreimbursed expense reasonably incurred by such Person in connection with the enforcement of a Mortgage
Loan Seller’s obligations under Section 4 of the applicable Mortgage Loan Purchase Agreement, but only to the extent that such
expenses are not reimbursable pursuant to clause (vii) above or otherwise; provided that, in the case of such reimbursement
out of Liquidation Proceeds, and Insurance and Condemnation Proceeds described above relating to a Serviced Whole Loan, such reimbursement
shall be made, subject to the terms of the related Intercreditor Agreement (i) with respect to a Serviced Pari Passu Whole Loan,
pro rata and pari passu, from the related Serviced Pari Passu Mortgage Loan and Serviced Pari Passu Companion Loan in accordance
with their respective outstanding principal balances or (ii) with respect to a Serviced AB Whole Loan, first, from the related
AB Subordinate Companion Loan and then, from the related Serviced AB Mortgage Loan and any Serviced Pari Passu Companion Loans
on a pro rata and pari passu basis (provided that, with respect to any AB Subordinate Companion Loan, the foregoing
shall not limit or otherwise modify the terms of the related Intercreditor Agreement pursuant to which any amounts collected with respect
to the related Whole Loan are allocated to the related Serviced AB Mortgage Loan, any Serviced Pari Passu Companion Loans and the AB Subordinate
Companion Loans), in each case, prior to being payable out of general collections with respect to the Mortgage Loans;

(ix)               to
pay for costs and expenses incurred by the Trust pursuant to Section 3.09(c) first, out of REO Revenues, Liquidation
Proceeds, Insurance and Condemnation Proceeds with respect to the related Mortgage Loan, Serviced Companion Loan or REO Loan and then
out of general collections on the Mortgage Loans and REO Properties serviced by such Master Servicer; provided that, in the
case of such reimbursement relating to a Serviced Whole Loan, such reimbursement shall be made, subject to the terms of the related Intercreditor
Agreement (i) with respect to a Serviced Pari Passu Whole Loan, pro rata and pari passu, from the related Serviced
Pari Passu Mortgage Loan and Serviced Pari Passu Companion Loan(s) in accordance with their respective outstanding principal balances
or (ii) with respect to a Serviced AB Whole Loan, first, from the related AB Subordinate Companion Loan(s) and then,
from the related Serviced AB Mortgage Loan and any Serviced Pari Passu Companion Loans on a pro rata and pari passu basis
(provided that, with respect to any AB Subordinate Companion Loan, the foregoing shall not limit or otherwise modify the terms
of the related Intercreditor Agreement pursuant to which any amounts collected with respect to the related Whole Loan are allocated to
the related Serviced AB Mortgage Loan, any Serviced Pari Passu Companion Loans and the AB Subordinate Companion Loans), in each case,
prior to being payable out of general collections with respect to the Mortgage Loan;

(x)                 to
pay itself, as additional servicing compensation in accordance with Section 3.11(a), (a) (1) interest and
investment income earned in respect of amounts relating to the Trust Fund held in such Collection Account and the Companion Distribution
Account as provided in Section 3.06(b) (but only to the extent of the Net Investment Earnings with respect to such Collection
Account and the Companion Distribution Account for the period from and including the prior Distribution Date to and including the P&I

    	 	-207-	 

    

    

Advance Date related to such Distribution
Date) and (2) Penalty Charges (other than Penalty Charges collected while the related Mortgage Loan and any related Serviced Companion
Loan is a Specially Serviced Loan), but only to the extent collected from the related Mortgagor and to the extent that all amounts then
due and payable with respect to the related Mortgage Loan and any related Serviced Companion Loan have been paid and such Penalty Charges
are not needed to pay interest on Advances or costs and expenses incurred by the Trust (including Special Servicing Fees, Liquidation
Fees and Workout Fees) in accordance with Section 3.11(d); and (b) to pay the applicable Special Servicer, as additional servicing
compensation in accordance with Section 3.11(c), Penalty Charges collected on Specially Serviced Loans (but only to the extent
collected from the related Mortgagor and to the extent that all amounts then due and payable with respect to the related Specially Serviced
Loan have been paid and such Penalty Charges are not needed to pay interest on Advances or costs and expenses incurred by the Trust (including
Special Servicing Fees, Liquidation Fees and Workout Fees) in accordance with Section 3.11(d));

(xi)                to
recoup any amounts deposited in such Collection Account in error;

(xii)             to
pay itself, the applicable Special Servicer, the Depositor, the Operating Advisor, the Asset Representations Reviewer or any of their
respective directors, officers, members, managers, employees and agents, or CREFC®, as the case may be, out of general
collections, any amounts payable to any such Person pursuant to Section 3.11(g), Section 6.04(a) or Section 6.04(b);
provided that, in the case of such reimbursement (other than a reimbursement of any amounts payable to CREFC®)
relating to a Serviced Whole Loan, such reimbursement shall be made, subject to the terms of the related Intercreditor Agreement (i) with
respect to a Serviced Pari Passu Whole Loan, pro rata and pari passu, from the related Serviced Pari Passu Mortgage Loan
and Serviced Pari Passu Companion Loan in accordance with their respective outstanding principal balances or (ii) with respect
to a Serviced AB Whole Loan, first, from the related AB Subordinate Companion Loan and then, from the related Serviced
AB Mortgage Loan and any Serviced Pari Passu Companion Loans on a pro rata and pari passu basis (provided that,
with respect to any AB Subordinate Companion Loan, the foregoing shall not limit or otherwise modify the terms of the related Intercreditor
Agreement pursuant to which any amounts collected with respect to the related Whole Loan are allocated to the related Serviced AB Mortgage
Loan, any Serviced Pari Passu Companion Loans and the AB Subordinate Companion Loans), in each case, prior to being payable out of general
collections with respect to the Mortgage Loans;

(xiii)            to
pay for (a) the cost of the Opinions of Counsel contemplated by Sections 3.09(b), 3.14(a), 3.15(b),
3.18(b), 3.18(d), 3.18(i), 10.01(f) and Section 13.02(a) to the extent payable out of the Trust Fund,
(b) the cost of any Opinion of Counsel contemplated by Sections 13.01(a) or Section 13.01(c) in connection
with an amendment to this Agreement requested by the Trustee or the applicable Master Servicer, which amendment is in furtherance of
the rights and interests of Certificateholders and (c) the cost of obtaining the REO Extension contemplated by Section 3.14(a);
provided that, in the case of such reimbursement relating to a Serviced Whole Loan, such reimbursement shall be made, subject
to the terms of the related Intercreditor Agreement (i) with respect to the related Serviced Pari Passu Whole Loan, pro rata
and pari passu, from the related Serviced

    	 	-208-	 

    

    

Pari Passu Mortgage Loan and Serviced
Pari Passu Companion Loan(s) in accordance with their respective outstanding principal balances or (ii) with respect to a Serviced
AB Whole Loan, first, from the related AB Subordinate Companion Loan(s) and then, from the related Serviced AB Mortgage
Loan and any Serviced Pari Passu Companion Loans on a pro rata and pari passu basis (provided that, with respect
to any AB Subordinate Companion Loan, the foregoing shall not limit or otherwise modify the terms of the related Intercreditor Agreement
pursuant to which any amounts collected with respect to the related Whole Loan are allocated to the related Serviced AB Mortgage Loan,
any Serviced Pari Passu Companion Loans and the AB Subordinate Companion Loan(s)), in each case, prior to being payable out of general
collections with respect to the Mortgage Loans;

(xiv)           to
pay out of general collections on the Mortgage Loans and the REO Properties serviced by such Master Servicer any and all federal, state
and local taxes imposed on any Trust REMIC, or any of their assets or transactions, together with all incidental costs and expenses,
to the extent that none of the applicable Master Servicer, the applicable Special Servicer, the Certificate Administrator or the Trustee
is liable therefor pursuant to Section 10.01(g);

(xv)              to
reimburse the Certificate Administrator out of general collections on the Mortgage Loans and REO Properties serviced by such Master Servicer
for expenses incurred by and reimbursable to it by the Trust pursuant to Section 10.01(c);

(xvi)           to
pay the applicable Mortgage Loan Seller or any other Person, with respect to each Mortgage Loan, if any, previously purchased by such
Person pursuant to this Agreement, all amounts received thereon subsequent to the date of purchase relating to periods after the date
of purchase; or, in the case of the substitution for a Mortgage Loan by a Mortgage Loan Seller as contemplated by Section 2.03(b),
to pay such Mortgage Loan Seller with respect to the replaced Mortgage Loan all amounts received thereon subsequent to the date of substitution,
and with respect to the related Qualified Substitute Mortgage Loan(s), all Periodic Payments due thereon during or prior to the month
of substitution, in accordance with Section 2.03(b);

(xvii)          to
remit to the Certificate Administrator for deposit in the Interest Reserve Account the amounts required to be deposited in the Interest
Reserve Account pursuant to Section 3.21;

(xviii)        so
long as such Master Servicer has received notice of the applicable Uncovered Amount on or before the related Determination Date, to pay
or reimburse the applicable Person for any Uncovered Amount in respect of the other Master Servicer’s Collection Account, any such
Person’s right to payment or reimbursement for any such Uncovered Amount being limited to any general funds in the subject Master
Servicer’s Collection Account that are not otherwise to be applied to make any of the payments or reimbursements contemplated to
be made out of the subject Master Servicer’s Collection Account pursuant to any of clauses (i) – (xvii) above;

(xix)            to
reimburse the Operating Advisor for any Operating Advisor Expenses incurred by and reimbursable to it by the Trust pursuant to Section 3.26(i);

    	 	-209-	 

    

    

(xx)              to remit to the Companion Paying Agent for deposit into the Companion Distribution Account the amounts required to be deposited
pursuant to Section 3.04(b) without duplication of amounts remitted to the Companion Paying Agent pursuant to clause (i)
above;

(xxi)            [Reserved];

(xxii)           to
clear and terminate such Collection Account at the termination of this Agreement pursuant to Section 9.01; and

(xxiii)         to
pay for any expenditures to be borne by the Trust pursuant to the third paragraph of Section 3.03(c).

Each Master Servicer shall
also be entitled to make withdrawals from time to time, from its Collection Account of amounts necessary for the payments or reimbursement
of amounts required to be paid to the applicable Non-Serviced Trust, the applicable Non-Serviced Master Servicer, the applicable
Non-Serviced Special Servicer, the applicable Non-Serviced Trustee, the applicable Non-Serviced Paying Agent or any other
applicable party to the applicable Non-Serviced PSA by the holder of a Non-Serviced Mortgage Loan pursuant to the applicable Non-Serviced
Intercreditor Agreement and the applicable Non-Serviced PSA.

Each Master Servicer shall
keep and maintain separate accounting records, on a loan-by-loan and property by property basis when appropriate, for the purpose
of justifying any withdrawal from its Collection Account.

Each Master Servicer shall
pay to the applicable Special Servicer, the Trustee, the Certificate Administrator, the Operating Advisor or the Asset Representations
Reviewer from its Collection Account amounts permitted to be paid to it therefrom monthly upon receipt of a certificate of a Servicing
Officer of such Special Servicer, or an officer of the Operating Advisor or the Asset Representations Reviewer or a Responsible Officer
of the Trustee or the Certificate Administrator describing the item and amount to which such Special Servicer, the Trustee, the Certificate
Administrator, the Operating Advisor or the Asset Representations Reviewer is entitled. The applicable Master Servicer may rely conclusively
on any such certificate and shall have no duty to re-calculate the amounts stated therein. The applicable Special Servicer shall keep
and maintain separate accounting for each Specially Serviced Loan and REO Loan, on a loan-by-loan basis (or when appropriate,
property-by-property basis), for the purpose of justifying any request for withdrawal from the applicable Collection Account.
Notwithstanding the above, no written certificate is required for a payment of Special Servicing Fees and/or Workout Fees arising from
collections other than the initial collection on a Corrected Loan.

Notwithstanding anything
to the contrary in this Section 3.05 or elsewhere in this Agreement, no amounts payable or reimbursable to the applicable
Master Servicer, the applicable Special Servicer, the Trustee, the Certificate Administrator, the Operating Advisor or the Asset Representations
Reviewer out of general collections that do not specifically relate to a Serviced Whole Loan may be reimbursable from amounts that would
otherwise be payable to the related Companion Loan, as applicable.

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(b)              
 The Certificate Administrator may, from time to time, make withdrawals from the Lower-Tier REMIC Distribution Account for
any of the following purposes (the following not being an order of priority):

(i)               
to be deemed to make deposits of the Lower-Tier Distribution Amount pursuant to Section 4.01(c) and the amount
of any Prepayment Premiums and Yield Maintenance Charges distributable pursuant to Section 4.01(e) in the Upper-Tier REMIC
Distribution Account, and to make distributions on the Class R Certificates in respect of the Class LR Interest pursuant to
Section 4.01(c);

(ii)              
to pay to the Trustee and the Certificate Administrator or any of their directors, officers, employees and agents, as the case
may be, any amounts payable or reimbursable to any such Person with respect to the Mortgage Loans pursuant to Section 8.05(b);

(iii)              to
pay the Certificate Administrator and the Trustee, the Certificate Administrator Fee and the Trustee Fee, as applicable, as contemplated
by Section 8.05(a) with respect to the Mortgage Loans;

(iv)              to
pay for the cost (without duplication) of the Opinions of Counsel sought by (A) the Trustee or the Certificate Administrator as
provided in clause (vi) of the definition of “Disqualified Organization,” (B) the Trustee, the Certificate
Administrator, any Master Servicer or any Special Servicer as contemplated by Section 3.18(d), (C) the Trustee or
the Certificate Administrator as contemplated by Section 5.08(c) or Section 8.02 to the extent payable out
of the Trust Fund, (D) the Trustee, the Certificate Administrator, any Master Servicer or any Special Servicer as contemplated
by Section 10.01(f) or Section 10.01(l) to the extent payable out of the Trust Fund, or (E) the Trustee,
the Certificate Administrator, any Master Servicer or any Special Servicer as contemplated by Section 13.01(a) or Section 13.01(c)
in connection with any amendment to this Agreement requested by the Trustee or the Certificate Administrator, which amendment is
in furtherance of the rights and interests of Certificateholders, in each case, to the extent not paid pursuant to Section 13.01(g);

(v)               to
pay any and all federal, state and local taxes imposed on the Lower-Tier REMIC or the Upper-Tier REMIC or on the assets or transactions
of any such REMIC, together with all incidental costs and expenses, to the extent none of the Trustee, the Certificate Administrator,
the REMIC Administrator, any Master Servicer or any Special Servicer is liable therefor pursuant to Section 10.01(g);

(vi)              to
pay the REMIC Administrator any amounts reimbursable to it pursuant to Section 10.01(c) with respect to the Lower-Tier
REMIC or the Upper-Tier REMIC;

(vii)            to
pay to the applicable Master Servicer any amounts deposited by such Master Servicer in the Distribution Accounts not required to be deposited
therein;

(viii)           to
clear and terminate the Lower-Tier REMIC Distribution Account at the termination of this Agreement pursuant to Section 9.01;
and

    	 	-211-	 

    

    

(ix)               termination of this Agreement pursuant to Section 9.01.

(c)              
The Certificate Administrator shall, on any Distribution Date, make withdrawals from the Excess Interest Distribution Account to
the extent required to make the distributions of Excess Interest required by Section 4.01(j).

(d)              
The Certificate Administrator shall make, or be deemed to make, withdrawals from the Upper-Tier REMIC Distribution Account
for any of the following purposes:

(i)               
to make distributions to the Holders of the Regular Certificates and the Exchangeable Certificates (and to the Holders of the Class R
Certificates in respect of the Class UR Interest) on each Distribution Date pursuant to Section 4.01 or Section 9.01,
as applicable; and

(ii)                to
clear and terminate the Upper-Tier REMIC Distribution Account at the termination of this Agreement pursuant to Section 9.01.

(e)              
[RESERVED].

(f)               
Notwithstanding anything herein to the contrary, with respect to any Mortgage Loan, (i) if amounts on deposit in each applicable
Collection Account and the Lower-Tier REMIC Distribution Account are not sufficient to pay the full amount of the Servicing Fee listed
in Section 3.05(a)(ii), the Operating Advisor Fee listed in Section 3.05(a)(ii) and the Certificate Administrator
Fee listed in Section 3.05(b)(iii), then the Certificate Administrator Fee shall be paid in full prior to the payment of any
Servicing Fees payable under Section 3.05(a)(ii) and then, after payment of Servicing Fees, the Operating Advisor Fees payable
under Section 3.05(a)(ii) and in the event that amounts on deposit in each applicable Collection Account and the Lower-Tier
REMIC Distribution Account are not sufficient to pay the full amount of such Certificate Administrator Fee, the Certificate Administrator
shall be paid based on the amount of such fees and (ii) if amounts on deposit in each applicable Collection Account are not sufficient
to reimburse the full amount of Advances and interest thereon listed in Sections 3.05(a)(ii), (a)(iii), (a)(iv),
(a)(v), and (a)(vi) then reimbursements shall be paid first to the Certificate Administrator and to the Trustee,
pro rata, second to the applicable Special Servicer, third to the applicable Master Servicer and then to the
Operating Advisor.

(g)              
If any Loss of Value Payments are deposited into the Loss of Value Reserve Fund with respect to any Mortgage Loan or any related
Serviced REO Property, then the applicable Special Servicer shall promptly upon written direction from the applicable Master Servicer
(provided that, (1) with respect to clause (iv) below, such Special Servicer shall have provided notice to the applicable Master
Servicer of the occurrence of such Liquidation Event and (2) with respect to clause (v) below, the Certificate Administrator
shall have provided the applicable Master Servicer and such Special Servicer with five (5) Business Days’ prior notice of such final
Distribution Date) transfer such Loss of Value Payments (up to the remaining portion thereof) from the Loss of Value Reserve Fund to the
applicable Master Servicer for deposit into the applicable Collection Account for the following purposes:

(i)               
to reimburse the applicable Master Servicer, the applicable Special Servicer or the Trustee, in accordance with Section 3.05(a)
of this Agreement, for any

    	 	-212-	 

    

    

Nonrecoverable Advance made by such party
with respect to such Mortgage Loan or any related Serviced REO Property (together with any interest on such Advances);

(ii)              
to pay, in accordance with Section 3.05(a) of this Agreement, or to reimburse the Trust for the prior payment of, any
expense or Liquidation Fee relating to such Mortgage Loan or any related Serviced REO Property that constitutes or, if not paid out of
such Loss of Value Payments, would constitute an additional expense of the Trust;

(iii)               
to offset any portion of Realized Losses or Retained Certificate Realized Losses, as applicable, that are attributable to such
Mortgage Loan or related REO Property, as the case may be (as calculated without regard to the application of such Loss of Value Payments),
incurred with respect to such Mortgage Loan or any related successor REO Loan;

(iv)               
following the occurrence of a Liquidation Event with respect to such Mortgage Loan or any related Serviced REO Property and any
related transfers from the Loss of Value Reserve Fund with respect to the items contemplated by the immediately preceding clauses (i)-(iii)
as to such Mortgage Loan, to cover the items contemplated by the immediately preceding clauses (i)-(iii) in respect of any
other Mortgage Loan or Serviced REO Loan; and

(v)              
On the final Distribution Date after all distributions have been made as set forth in clauses (i)-(iv) above, to each
Mortgage Loan Seller, its pro rata share, based on the amount that it contributed, net of any amount contributed by such Mortgage
Loan Seller that was used pursuant to clauses (i)-(iii) to offset any portion of Realized Losses or Retained Certificate Realized
Losses, as applicable, that are attributable to such Mortgage Loan or related REO Property, as the case may be, additional trust fund
expenses or any Nonrecoverable Advances incurred with respect to the Mortgage Loan related to such contribution.

(h)              
Any Loss of Value Payments transferred to a Collection Account pursuant to clauses (i)-(iii) of the prior paragraph
shall be treated as Liquidation Proceeds received by the Trust in respect of the related Mortgage Loan or any successor REO Loan (but
excluding any related Companion Loan) with respect thereto for which such Loss of Value Payments were received; and any Loss of Value
Payments transferred to a Collection Account pursuant to clause (iv) of the prior paragraph shall be treated as Liquidation
Proceeds received by the Trust in respect of the related Mortgage Loan or REO Loan (but excluding any related Companion Loan) for which
such Loss of Value Payments are being transferred to such Collection Account to cover an item contemplated by clauses (i)-(iv)
of the prior paragraph.

(i)                
The Companion Paying Agent may, from time to time, make withdrawals from the Companion Distribution Account to make distributions
pursuant to Section 4.01(k).

Section 3.06       
Investment of Funds in Collection Accounts, REO Accounts and Loss of Value Reserve Fund. (a) Each
Master Servicer may direct any depository institution maintaining its Collection Account, the Companion Distribution Account (with respect
to the General Master Servicer) or any Servicing Account (for purposes of this Section 3.06, an

    	 	-213-	 

    

    

“Investment Account”), each
Special Servicer may direct any depository institution maintaining its REO Account or Loss of Value Reserve Fund (also for purposes of
this Section 3.06, an “Investment Account”) to invest or if it is such depository institution, may itself
invest, the funds held therein, only in one or more Permitted Investments bearing interest or sold at a discount, and maturing, unless
payable on demand, (i) no later than the Business Day immediately preceding the next succeeding date on which funds are required
to be withdrawn from such account pursuant to this Agreement, if a Person other than the depository institution maintaining such account
is the obligor thereon and (ii) no later than the date on which funds are required to be withdrawn from such account pursuant to
this Agreement, if the depository institution maintaining such account is the obligor thereon. All such Permitted Investments shall be
held to maturity, unless payable on demand. Any funds held in an Investment Account shall be held in the name of the applicable Master
Servicer or the applicable Special Servicer, as the case may be, on behalf of the Trustee (in its capacity as such) for the benefit of
the Certificateholders. Each Master Servicer (in the case of the applicable Collection Account, the Companion Distribution Account or
any Servicing Account maintained by or for such Master Servicer), each Special Servicer (in the case of the REO Account, the Loss of Value
Reserve Fund or any Servicing Account maintained by or for such Special Servicer) on behalf of the Trustee, shall maintain continuous
physical possession of any Permitted Investment of amounts in such Collection Account, such Companion Distribution Account, such Servicing
Accounts, such Loss of Value Reserve Fund or such REO Account, as applicable, that is either (i) a “certificated security,”
as such term is defined in the UCC (such that the Trustee shall have control pursuant to Section 8-106 of the UCC) or (ii) other
property in which a secured party may perfect its security interest by physical possession under the UCC or any other applicable law.
In the case of any Permitted Investment held in the form of a “security entitlement” (within the meaning of Section 8-102(a)(17)
of the UCC), each Master Servicer or each Special Servicer, as the case may be, shall take or cause to be taken such action as the Trustee
deems reasonably necessary to cause the Trustee to have control over such security entitlement. In the event amounts on deposit in an
Investment Account are at any time invested in a Permitted Investment payable on demand, the applicable Master Servicer (in the case of
the applicable Collection Account, the Companion Distribution Account or any Servicing Account maintained by or for such Master Servicer)
or the applicable Special Servicer (in the case of the REO Account, Loss of Value Reserve Fund or any Servicing Account maintained by
or for such Special Servicer) shall:

(i)                 
consistent with any notice required to be given thereunder, demand that payment thereon be made on the last day such Permitted
Investment may otherwise mature hereunder in an amount equal to the lesser of (a) all amounts then payable thereunder and (b) the
amount required to be withdrawn on such date; and

(ii)                 demand
payment of all amounts due thereunder promptly upon determination by the applicable Master Servicer, the applicable Special Servicer,
the Certificate Administrator or the Trustee, as the case may be, that such Permitted Investment would not constitute a Permitted Investment
in respect of funds thereafter on deposit in the Investment Account.

(b)              
Interest and investment income realized on funds deposited in the applicable Collection Account, the Companion Distribution Account
or any Servicing Account maintained by or for the applicable Master Servicer to the extent of the Net Investment Earnings, if any, with
respect to such account for the period from and including the prior Distribution Date to and

    	 	-214-	 

    

    

including the P&I Advance Date related
to the current Distribution Date, shall be for the sole and exclusive benefit of the applicable Master Servicer to the extent (with respect
to Servicing Accounts) not required to be paid to the related Mortgagor and shall be subject to its withdrawal, or withdrawal at its direction,
in accordance with Section 3.03 or Section 3.05(a), as the case may be. Interest and investment income realized
on funds deposited in the REO Account, the Loss of Value Reserve Fund or any Servicing Account maintained by or for the applicable Special
Servicer, to the extent of the Net Investment Earnings, if any, with respect to such account for each period from and including any Distribution
Date to and including the immediately succeeding P&I Advance Date, shall be for the sole and exclusive benefit of the applicable Special
Servicer and shall be subject to its withdrawal in accordance with Section 3.14(c). In the event that any loss shall be incurred
in respect of any Permitted Investment (as to which the applicable Master Servicer or applicable Special Servicer, as the case may be,
would have been entitled to any Net Investment Earnings hereunder) directed to be made by the applicable Master Servicer or the applicable
Special Servicer, as the case may be, and on deposit in any of the applicable Collection Account, the Companion Distribution Account,
the Servicing Account, Loss of Value Reserve Fund or the REO Account, the applicable Master Servicer (in the case of the applicable Collection
Account, the Companion Distribution Account or any Servicing Account maintained by or for such Master Servicer), the applicable Special
Servicer (in the case of the REO Account, the Loss of Value Reserve Fund or any Servicing Account maintained by or for such Special Servicer)
shall deposit therein, no later than the P&I Advance Date, without right of reimbursement, the amount of Net Investment Loss, if any,
with respect to such account for the period from and including the prior Distribution Date to and including the P&I Advance Date related
to the current Distribution Date; provided that neither the applicable Master Servicer nor the applicable Special Servicer shall
be required to deposit any loss on an investment of funds in an Investment Account if such loss is incurred solely as a result of the
insolvency of the federal or state chartered depository institution or trust company that holds such Investment Account, so long as such
depository institution or trust company satisfied the qualifications set forth in the definition of Eligible Account at the time such
investment was made (and such federal or state chartered depository institution or trust company is not an Affiliate of such Master Servicer
or such Special Servicer, as applicable, unless such depository institution or trust company satisfied the qualification set forth in
the definition of Eligible Account both (x) at the time the investment was made and (y) thirty (30) days prior to such insolvency).

(c)              
Except as otherwise expressly provided in this Agreement, if any default occurs in the making of a payment due under any Permitted
Investment, or if a default occurs in any other performance required under any Permitted Investment, the applicable Master Servicer may
and, upon the request of Holders of Certificates entitled to more than 50% of the Voting Rights allocated to any Class shall, take such
action as may be appropriate to enforce such payment or performance, including the institution and prosecution of appropriate proceedings.

Section 3.07       
Maintenance of Insurance Policies; Errors and Omissions and Fidelity Coverage. (a) Each
Master Servicer (with respect to the applicable Serviced Mortgage Loans and any related Serviced Companion Loan) shall use its efforts
consistent with the Servicing Standard to cause the Mortgagor to maintain (other than with respect to a Non-Serviced Mortgage Loan),
and each Special Servicer (with respect to REO Properties other than any Non-Serviced Mortgaged Properties) shall maintain, to the
extent required by the terms of the related Mortgage Loan documents, all insurance coverage as is required under the related Mortgage
Loan documents

    	 	-215-	 

    

    

except to the extent that the failure of the
related Mortgagor to do so is an Acceptable Insurance Default (and except as provided in the next sentence with respect to the applicable
Master Servicer or the applicable Special Servicer, as the case may be). If the Mortgagor does not so maintain such insurance coverage,
subject to its recoverability determination with respect to any required Servicing Advance, each Master Servicer (with respect to the
Serviced Mortgage Loans and any related Serviced Companion Loan) or each Special Servicer (with respect to REO Properties other than a
Non-Serviced Mortgaged Property) shall maintain all insurance coverage as is required under the related Mortgage, but only in the
event the Trustee has an insurable interest therein and such insurance is available to such Master Servicer or such Special Servicer,
as applicable, and, if available, can be obtained at commercially reasonable rates. Any determination that such insurance coverage is
not available or not available at commercially reasonable rates shall be made with the consent of the Directing Certificateholder (prior
to the occurrence and continuance of any Control Termination Event and other than with respect to any Excluded Loan as to the Directing
Certificateholder) (or, with respect to any Serviced AB Whole Loan, if the Directing Certificateholder’s consent is required and
an AB Control Appraisal Period is not in effect, with the consent of the holder of the related AB Subordinate Companion Loan) and, after
consultation by the applicable Special Servicer with the Risk Retention Consultation Party (provided, that prior to the occurrence and
continuance of a Consultation Termination Event, the related Mortgage Loan must also be a Specially Serviced Loan) pursuant to Section
6.08(a) (in the case of the Directing Certificateholder and Risk Retention Consultation Party, other than with respect to any
Excluded Loan as to such party). Such determination shall be made by each Master Servicer (with respect to the Serviced Mortgage Loans
and any related Serviced Companion Loan) or each Special Servicer (with respect to REO Properties other than any Non-Serviced Mortgaged
Property) except to the extent that the failure of the related Mortgagor to do so is an Acceptable Insurance Default as determined by
such Master Servicer (with respect to a Non-Specially Serviced Loan) or such Special Servicer (with respect to a Specially Serviced Loan);
provided, however, that if any Mortgage permits the holder thereof to dictate to the Mortgagor the insurance coverage to
be maintained on such Mortgaged Property, such Master Servicer or, with respect to REO Property, such Special Servicer, as applicable,
shall impose or maintain, as applicable, such insurance requirements as are consistent with the Servicing Standard taking into account
the insurance in place at the closing of the Mortgage Loan, provided that, with respect to the immediately preceding proviso, a
Master Servicer shall be obligated to use efforts consistent with the Servicing Standard to cause the Mortgagor to maintain (or to itself
maintain) insurance against property damage resulting from terrorist or similar acts unless the Mortgagor’s failure is an Acceptable
Insurance Default (as determined by the applicable Master Servicer (with respect to a Non-Specially Serviced Loan) or the applicable Special
Servicer (with respect to a Specially Serviced Loan) with the consent of the Directing Certificateholder (unless a Control Termination
Event has occurred and is continuing) or, with respect to any Serviced AB Whole Loan, the Subordinate Companion Holder (if an AB Control
Appraisal Period is not in effect) and after consultation by the applicable Special Servicer with the Risk Retention Consultation Party
(provided, that prior to the occurrence and continuance of a Consultation Termination Event, the related Mortgage Loan must also be a
Specially Serviced Loan) pursuant to Section 6.08(a) (in each case, other than with respect to any Excluded Loan as to such party))
and only in the event the Trustee has an insurable interest therein and such insurance is available to the applicable Master Servicer
or the applicable Special Servicer, as the case may be, and, if available, can be obtained at commercially reasonable rates. Each Master
Servicer and each Special Servicer shall be entitled to rely on insurance consultants (at the

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applicable servicer’s expense) in determining
whether any insurance is available at commercially reasonable rates. Subject to Section 3.15(a) and the costs of such insurance
being reimbursed or paid to the applicable Special Servicer as provided in the third-to-last sentence of this paragraph, such
Special Servicer shall maintain for each REO Property (other than any Non-Serviced Mortgaged Property) no less insurance coverage
than was previously required of the Mortgagor under the related Mortgage Loan documents unless such Special Servicer determines with the
consent of the Directing Certificateholder (prior to the occurrence and continuance of a Control Termination Event) and after consultation
by the applicable Special Servicer with the Risk Retention Consultation Party pursuant to Section 6.08(a) (in each case other than
with respect to a Mortgage Loan that is an Excluded Loan as to such party) that such insurance is not available at commercially reasonable
rates or that the Trustee does not have an insurable interest, in which case the applicable Master Servicer shall be entitled to conclusively
rely on such Special Servicer’s determination. All Insurance Policies maintained by a Master Servicer or a Special Servicer shall
(i) contain a “standard” mortgagee clause, with loss payable to the applicable Master Servicer on behalf of the Trustee
(in the case of insurance maintained in respect of Mortgage Loans (other than any Non-Serviced Mortgage Loan), including any related Serviced
Companion Loan, other than REO Properties) or to the applicable Special Servicer on behalf of the Trustee (in the case of insurance maintained
in respect of REO Properties), (ii) be in the name of the Trustee (in the case of insurance maintained in respect of REO Properties),
(iii) include coverage in an amount not less than the lesser of (x) the full replacement cost of the improvements securing Mortgaged
Property or the REO Property, as applicable, and (y) the outstanding principal balance owing on the related Mortgage Loan (including
any related Serviced Companion Loan) or REO Loan, as applicable, and in any event, the amount necessary to avoid the operation of any
co-insurance provisions, (iv) include a replacement cost endorsement providing no deduction for depreciation (unless such endorsement
is not permitted under the related Mortgage Loan documents), (v) be noncancelable without thirty (30) days prior written notice to
the insured party (except in the case of nonpayment, in which case such policy shall not be cancelled without ten (10) days prior notice)
and (vi) subject to the first proviso in the second sentence of this Section 3.07(a), be issued by a Qualified Insurer
authorized under applicable law to issue such Insurance Policies. Any amounts collected by a Master Servicer or a Special Servicer under
any such Insurance Policies (other than amounts to be applied to the restoration or repair of the related Mortgaged Property or REO Property
or amounts to be released to the related Mortgagor, in each case in accordance with the Servicing Standard and the provisions of the related
Mortgage Loan documents) shall be deposited in the applicable Collection Account, subject to withdrawal pursuant to Section 3.05(a).
Any costs incurred by a Master Servicer in maintaining any such Insurance Policies in respect of Mortgage Loans (including any related
Serviced Companion Loan) (other than REO Properties and other than any Non-Serviced Mortgage Loan) (i) if the Mortgagor defaults
on its obligation to do so, shall be advanced by such Master Servicer as a Servicing Advance (so long as such Advance would not be a Nonrecoverable
Advance and if such Advance would be a Nonrecoverable Advance then such cost shall instead be paid out of the applicable Collection Account)
and will be charged to the related Mortgagor and (ii) shall not, for purposes of calculating monthly distributions to Certificateholders,
be added to the unpaid principal balance of the related Mortgage Loan and Serviced Companion Loan (if any), notwithstanding that the terms
of such Mortgage Loan or Serviced Companion Loan so permit. Any cost incurred by a Special Servicer in maintaining any such Insurance
Policies with respect to REO Properties shall be an expense of the Trust payable out of the related REO Account pursuant to Section 3.14(c)
or, if the amount on deposit therein is

    	 	-217-	 

    

    

insufficient therefor, advanced by the applicable
Master Servicer as a Servicing Advance (so long as such Advance would not be a Nonrecoverable Advance and if such Advance would be a Nonrecoverable
Advance then such cost shall instead be paid out of the applicable Collection Account). The foregoing provisions of this Section 3.07
shall apply to any Serviced Whole Loan as if it were a single “Mortgage Loan”. Notwithstanding any provision to the contrary,
no Master Servicer shall be required to maintain, and will not be in default for failing to obtain, any earthquake or environmental insurance
on any Mortgaged Property unless such insurance was required at the time of origination of the related Serviced Mortgage Loan and is currently
available at commercially reasonable rates.

Notwithstanding the foregoing,
with respect to the Serviced Mortgage Loans and any related Serviced Companion Loan that either (x) require the Mortgagor to maintain
“all risk” property insurance (and do not expressly permit an exclusion for terrorism) or (y) contain provisions generally
requiring the applicable Mortgagor to maintain insurance in types and against such risks as the holder of such Mortgage Loan (including
any related Serviced Companion Loan) reasonably requires from time to time in order to protect its interests, each Master Servicer shall,
consistent with the Servicing Standard, (A) monitor in accordance with the Servicing Standard whether the insurance policies for
the related Mortgaged Property contain Additional Exclusions; provided that each Master Servicer shall be entitled to conclusively
rely upon certificates of insurance in determining whether such policies contain Additional Exclusions, (B) request the Mortgagor
to either purchase insurance against the risks specified in the Additional Exclusions or provide an explanation as to its reasons for
failing to purchase such insurance and (C) if the related Mortgage Loan is a Specially Serviced Loan, notify the applicable Special
Servicer if it has knowledge that any insurance policy contains Additional Exclusions or if it has knowledge (such knowledge to be based
upon such Master Servicer’s compliance with the immediately preceding clauses (A) and (B) above) that any Mortgagor
under a Specially Serviced Loan fails to purchase the insurance requested to be purchased by the applicable Master Servicer pursuant to
clause (B) above. In addition, upon request of the Risk Retention Consultation Party with respect to any individual triggering
event, the applicable Special Servicer shall consult on a non-binding basis pursuant to Section 6.08(a) with the Risk Retention
Consultation Party (only with respect to a Specially Serviced Loan and other than with respect to any Mortgage Loan that is an Excluded
Loan as to such party) within the same time period as it would obtain consent of, or consult with, the Directing Certificateholder in
connection with any such determination by such Special Servicer of an Acceptable Insurance Default. If the applicable Master Servicer
(with respect to a Non-Specially Serviced Loan) or the applicable Special Servicer (with respect to a Specially Serviced Loan) determines
in accordance with the Servicing Standard that such failure is not an Acceptable Insurance Default, such Special Servicer (with regard
to such determination made by the applicable Special Servicer) shall notify the applicable Master Servicer, and the applicable Master
Servicer (in the case of a Specially Serviced Loan, after notice from the applicable Special Servicer) shall use efforts consistent with
the Servicing Standard to cause such insurance to be maintained. Each Master Servicer and each Special Servicer (at the expense of the
Trust) shall be entitled to rely on insurance consultants in making such determinations. Each Master Servicer shall be entitled to rely
on insurance consultants (at the expense of such Master Servicer) in determining whether Additional Exclusions exist. Furthermore, each
Master Servicer or each Special Servicer, as applicable, shall promptly deliver such conclusions in writing to the 17g-5 Information Provider
for posting to the 17g-5 Information Provider’s Website for those Mortgage Loans that (i) have one of the ten (10) highest
outstanding Stated Principal Balances of all of the

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Mortgage Loans then included in the Trust or
(ii) comprise more than 5% of the outstanding Stated Principal Balance of the Mortgage Loans then included in the Trust. During the
period that a Master Servicer or a Special Servicer is evaluating the availability of such insurance or waiting for a response from the
Directing Certificateholder or any Companion Holder or, with respect to any Serviced AB Whole Loan, the related Subordinate Companion
Holder, and/or with respect (solely with respect to Specially Serviced Loans) upon the request of the Risk Retention Consultation Party,
consulting (on a non-binding basis) with the Risk Retention Consultation Party pursuant to Section 6.08(a), neither such Master
Servicer nor such Special Servicer will be liable for any loss related to its failure to require the Mortgagor to maintain (or its failure
to maintain) such insurance and will not be in default of its obligations as a result of such failure and such Master Servicer will not
itself maintain such insurance or cause such insurance to be maintained.

(b)              
 (i) If any Master Servicer or any Special Servicer shall obtain and maintain a blanket Insurance Policy with a Qualified
Insurer insuring against fire and hazard losses on all of the Mortgage Loans (including any related Serviced Companion Loan, but excluding
any Non-Serviced Mortgage Loan) or REO Properties (other than with respect to a Non-Serviced Mortgaged Property), as the case may
be, required to be serviced and administered hereunder, then, to the extent such Insurance Policy provides protection equivalent to the
individual policies otherwise required, such Master Servicer or such Special Servicer shall conclusively be deemed to have satisfied its
obligation to cause fire and hazard insurance to be maintained on the related Mortgaged Properties or REO Properties. Such Insurance Policy
may contain a deductible clause, in which case the applicable Master Servicer or the applicable Special Servicer shall, if there shall
not have been maintained on the related Mortgaged Property or REO Property a fire and hazard Insurance Policy complying with the requirements
of Section 3.07(a), and there shall have been one or more losses which would have been covered by such Insurance Policy, promptly
deposit into its Collection Account from its own funds the amount of such loss or losses that would have been covered under the individual
policy but are not covered under the blanket Insurance Policy because of such deductible clause to the extent that any such deductible
exceeds the deductible limitation that pertained to the related Mortgage Loan (including any related Serviced Companion Loan), or in the
absence of such deductible limitation, the deductible limitation which is consistent with the Servicing Standard. In connection with its
activities as administrator and Master Servicer of the Mortgage Loans or any Serviced Companion Loans, the applicable Master Servicer
agrees to prepare and present, on behalf of itself, the Trustee and Certificateholders, claims under any such blanket Insurance Policy
in a timely fashion in accordance with the terms of such policy. Each Special Servicer, to the extent consistent with the Servicing Standard,
may maintain, earthquake insurance on REO Properties (other than with respect to a Non-Serviced Mortgaged Property), provided
coverage is available at commercially reasonable rates, the cost of which shall be a Servicing Advance.

(ii)              
If any Master Servicer or any Special Servicer shall cause any Mortgaged Property or REO Property to be covered by a master single
interest or force-placed insurance policy with a Qualified Insurer naming such Master Servicer or such Special Servicer on behalf
of the Trustee as the loss payee, then to the extent such Insurance Policy provides protection equivalent to the individual policies otherwise
required, such Master Servicer or such Special Servicer shall conclusively be deemed to have satisfied its obligation to cause such insurance
to be maintained on the related Mortgaged Properties and REO Properties. In the event any Master Servicer or any Special Servicer shall
cause

    	 	-219-	 

    

    

any Mortgaged Property or REO Property
to be covered by such master single interest or force-placed insurance policy, the incremental costs of such insurance applicable
to such Mortgaged Property or REO Property (i.e., other than any minimum or standby premium payable for such policy whether or
not any Mortgaged Property or REO Property is covered thereby) shall be paid by such Master Servicer as a Servicing Advance. Such master
single interest or force-placed policy may contain a deductible clause, in which case such Master Servicer or such Special Servicer
shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy otherwise complying
with the provisions of Section 3.07(a), and there shall have been one or more losses which would have been covered by such
policy had it been maintained, deposit into the applicable Collection Account from its own funds the amount not otherwise payable under
the master single or force-placed interest policy because of such deductible clause, to the extent that any such deductible exceeds
the deductible limitation that pertained to the related Mortgage Loan, including any related Serviced Companion Loan, or, in the absence
of any such deductible limitation, the deductible limitation which is consistent with the Servicing Standard.

(c)              
Each Master Servicer and each Special Servicer shall obtain and maintain at its own expense and keep in full force and effect throughout
the term of this Agreement a blanket fidelity bond and an errors and omissions insurance policy with a Qualified Insurer covering losses
that may be sustained as a result of an officer’s or employee’s misappropriation of funds or errors or omissions. Such amount
of coverage shall be in such form and amount as are consistent with the Servicing Standard. Coverage of the applicable Master Servicer
or the applicable Special Servicer under a policy or bond obtained by an Affiliate of such Master Servicer or such Special Servicer and
providing the coverage required by this Section 3.07(c) shall satisfy the requirements of this Section 3.07(c).
Each Special Servicer and each Master Servicer will promptly report in writing to the Trustee any material changes that may occur in their
respective fidelity bonds, if any, and/or their respective errors and omissions insurance policies, as the case may be, and will furnish
to the Trustee copies of all binders and policies or certificates evidencing that such bonds, if any, and insurance policies are in full
force and effect.

(d)              
At the time the applicable Master Servicer determines in accordance with the Servicing Standard that any Mortgaged Property (other
than a Non-Serviced Mortgaged Property) is in a federally designated special flood hazard area (and such flood insurance has been
made available), such Master Servicer will use efforts consistent with the Servicing Standard to cause the related Mortgagor (in accordance
with applicable law and the terms of the Mortgage Loan and related Serviced Companion Loan documents) to maintain, and, if the related
Mortgagor shall default in its obligation to so maintain, shall itself maintain to the extent such insurance is available at commercially
reasonable rates (as determined by such Master Servicer in accordance with the Servicing Standard and to the extent the Trustee, as mortgagee,
has an insurable interest therein), flood insurance in respect thereof, but only to the extent the related Serviced Mortgage Loan or related
Serviced Companion Loan permits the mortgagee to require such coverage and the maintenance of such coverage is consistent with the Servicing
Standard. Such flood insurance shall be in an amount equal to the lesser of (i) the unpaid principal balance of the related Mortgage
Loan (and any related Serviced Companion Loan, if applicable), and (ii) the maximum amount of insurance which is available under
the National Flood Insurance Act of 1968, as amended, plus such additional excess flood coverage with respect to the Mortgaged Property,
if any, in an amount

    	 	-220-	 

    

    

consistent with the Servicing Standard. If
the cost of any insurance described above is not borne by the Mortgagor, such Master Servicer shall promptly make a Servicing Advance
for such costs.

(e)              
During all such times as any REO Property (other than with respect to a Non-Serviced Mortgaged Property) shall be located in
a federally designated special flood hazard area, the applicable Special Servicer will cause to be maintained, to the extent available
at commercially reasonable rates (as determined by such Special Servicer (with the consent of the Directing Certificateholder (prior to
the occurrence and continuance of a Control Termination Event) and in consultation with the Risk Retention Consultation Party pursuant
to Section 6.08(a) (in either such case, other than with respect to any Mortgage Loan that is an Excluded Loan as to such party
and any Serviced AB Whole Loan if an AB Control Appraisal Period is not in effect)) in accordance with the Servicing Standard), a flood
insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration in an amount representing
coverage not less than the maximum amount of insurance which is available under the National Flood Insurance Act of 1968, as amended,
plus such additional excess flood coverage with respect to the Mortgaged Property, if any, in an amount consistent with the Servicing
Standard. The cost of any such flood insurance with respect to an REO Property shall be an expense of the Trust payable out of the related
REO Account pursuant to Section 3.14(c) or, if the amount on deposit therein is insufficient therefor, paid by the applicable
Master Servicer as a Servicing Advance.

(f)               
Notwithstanding the foregoing, so long as the long-term debt obligations or the deposit account or claims-paying ability
of the applicable Master Servicer (or its immediate or remote parent) or the applicable Special Servicer (or its immediate or remote parent),
as applicable, is rated at least “A-” by S&P or “A-” by Fitch (if rated by Fitch), such Master Servicer (or
its public parent) or such Special Servicer (or its public parent), as applicable, shall be allowed to provide self-insurance with
respect to any of its obligations under this Section 3.07.

(g)              
Each of the Operating Advisor and Asset Representations Reviewer shall obtain and maintain at its own expense and keep in full
force and effect throughout the term of this Agreement an “errors and omissions” insurance policy with a Qualified Insurer
covering losses that may be sustained as a result of an officer’s or employee’s errors or omissions.

(h)              
With respect to the 1600 Broadway Mortgage Loan and any particular insurance carrier engaged by the related Mortgagor, upon the
earlier of (i) receipt of notice by the applicable Master Servicer or applicable Special Servicer of a downgrade of such carrier below
“A-” by S&P (or “BBB” by S&P, if such insurance carrier would qualify with a “BBB” rating
via the proviso of Section 8.1(b) of the related loan agreement) and (ii) the expiration date of the related insurance policy, the applicable
Master Servicer or applicable Special Servicer shall require the Mortgagor to obtain and maintain, or cause to obtain and maintain, replacement
insurance coverage from carriers rated at least “A-” by S&P (provided that for policies issued by more than one insurance
company pursuant to the proviso of Section 8.1(b) of the related loan agreement, (A) if four (4) or fewer insurance companies issue the
policies in the first layer of coverage, then at least seventy-five percent (75%) of the insured amount shall be provided by insurance
companies with a claims paying ability rating of “A” or better by S&P, with no carrier below “BBB” or (B)
if five (5) or more insurance companies issue the policies in the first layer of coverage, then at least sixty percent (60%) of the insured
amount shall be provided by insurance

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companies with a claims paying ability rating
of “A” or better by S&P, with no carrier below “BBB”), unless a Rating Agency Confirmation is obtained from
S&P.

(i)                
With respect to the 1600 Broadway Mortgage Loan and The Shops at Dakota Crossing Mortgage Loan, the applicable Master Servicer
or applicable Special Servicer shall obtain a Rating Agency Confirmation from each Rating Agency prior to approving any insurance policy
obtained by the related Mortgagor that does not meet the specified ratings requirements (without regard to lender discretion) contained
in the related loan agreement.

Section 3.08       
Enforcement of Due-on-Sale Clauses; Assumption Agreements. (a) As
to each Serviced Mortgage Loan and any related Serviced Companion Loan that contains a provision in the nature of a “due-on-sale”
clause, which by its terms:

(i)               
provides that such Mortgage Loan and any related Companion Loan shall (or may at the mortgagee’s option) become due and payable
upon the sale or other transfer of an interest in the related Mortgaged Property or equity interests in the Mortgagor or principals of
the Mortgagor; or

(ii)              
provides that such Mortgage Loan and any related Companion Loan may not be assumed without the consent of the mortgagee in connection
with any such sale or other transfer;

then, for so long as such
Mortgage Loan or related Serviced Companion Loan is being serviced under this Agreement, other than with respect to an action that constitutes
a Master Servicer Decision pursuant to clause (xiii), (xiv) or (xvi) of the definition thereof, the Special Servicer,
on behalf of the Trustee as the mortgagee of record, shall (a) exercise any right it may have with respect to such Mortgage Loan
or related Companion Loan (x) to accelerate the payments thereon or (y) to withhold its consent to any sale or transfer, consistent
with the Servicing Standard or (b) waive any right to exercise such rights, provided that if such matter is a Major Decision,
(i) (A) prior to the occurrence and continuance of a Control Termination Event and other than with respect to an Excluded Loan with
respect to the Directing Certificateholder, or the holder of the majority of the Controlling Class, the applicable Special Servicer has
obtained the prior written consent (or deemed consent) of the Directing Certificateholder to the extent required by, and pursuant to the
process described under, Section 6.08(a), or if such Mortgage Loan is not an Excluded Loan with respect to the Directing Certificateholder
or the holder of the majority of the Controlling Class, a Control Termination Event shall have occurred and be continuing and no Consultation
Termination Event shall have occurred and be continuing, the Special Servicer shall have consulted with the Directing Certificateholder
if and to the extent required pursuant to Section 6.08(a), (B) if such Mortgage Loan is not an Excluded Loan with respect to the
Risk Retention Consultation Party and (x) such Mortgage Loan is a Specially Serviced Loan or (y) a Consultation Termination Event shall
have occurred and be continuing, the applicable Special Servicer shall have consulted with the Risk Retention Consultation Party if and
to the extent required pursuant to Section 6.08(a) and (C) with respect to a Serviced AB Whole Loan if an AB Control Appraisal
Period is not in effect, the prior consent of the related Subordinate Companion Holder shall have been obtained, to the extent required
by the terms of the related Intercreditor Agreement, and pursuant to the process described in this Agreement (provided that in
the case of clause (A), clause (B) and clause (C) such consent shall be deemed given or such consultation
shall be deemed

    	 	-222-	 

    

    

to have occurred, as applicable, if a response
to the request for consent or consultation, as the case may be, is not provided within ten (10) Business Days after the receipt of
the applicable Special Servicer’s written recommendation and analysis with respect to such waiver and all information reasonably
requested by the Directing Certificateholder or the Risk Retention Consultation Party, as applicable, and reasonably available to such
Special Servicer in order to grant or withhold such consent or conduct such consultation), and (ii) with respect to any Mortgage
Loan (x) with a Stated Principal Balance greater than or equal to $35,000,000, (y) with a Stated Principal Balance greater than
or equal to 5% of the aggregated Stated Principal Balance of the Mortgage Loans then outstanding or (z) together with all other Mortgage
Loans with which it is cross-collateralized or cross-defaulted or together with all other Mortgage Loans with the same Mortgagor (or an
Affiliate thereof), that is one of the ten (10) largest Mortgage Loans outstanding (by Stated Principal Balance), the applicable Special
Servicer, prior to consenting to any action, shall obtain, a Rating Agency Confirmation from each Rating Agency and a confirmation of
any applicable rating agency that such action will not result in the downgrade, withdrawal or qualification of its then-current ratings
of any class of Serviced Companion Loan Securities (if any) (provided that such rating agency confirmation may be considered satisfied
in the same manner as any Rating Agency Confirmation may be considered satisfied with respect to the Certificates pursuant to Section 3.25),
provided, however, that with respect to sub-clauses (y) and (z) of this sub-clause (ii),
such Mortgage Loan shall also have a Stated Principal Balance of at least $10,000,000 for such Rating Agency Confirmation requirement
to apply. Notwithstanding anything herein to the contrary, with respect to any Excluded Loan with respect to the Directing Certificateholder
or the Holder of the majority of the Controlling Class (regardless of whether a Control Termination Event has occurred and is continuing),
the applicable Special Servicer shall consult with the Operating Advisor, on a non-binding basis, in connection with the related transactions
involving proposed Major Decisions and consider alternative actions recommended by the Operating Advisor, in respect thereof, in accordance
with the procedures set forth in Section 6.08 for consulting with the Operating Advisor.

With respect to any “due-on-sale”
matter described above that is a Major Decision related to any Mortgage Loan that is not an Excluded Loan with respect to the Risk Retention
Consultation Party or the holder of the majority of the RR Interest upon request of the Risk Retention Consultation Party, the applicable
Special Servicer shall consult on a non-binding basis with the Risk Retention Consultation Party with respect to (i) prior to the occurrence
and continuance of a Consultation Termination Event, Specially Serviced Loans; and (ii) following the occurrence and during the continuance
of a Consultation Termination Event, all Mortgage Loans, within the same time period as it would obtain the consent of, or consult with,
the Directing Certificateholder with respect to such Major Decision.

In connection with any request
for a Rating Agency Confirmation from a Rating Agency (or, with respect to any Serviced Companion Loan Securities, the related rating
agencies) pursuant to this Section 3.08(a), the applicable Special Servicer shall (if not already provided in accordance with
Section 3.25 of this Agreement) deliver a Review Package to the 17g-5 Information Provider (or, with respect to any Serviced
Companion Loan Securities, the related 17g-5 information provider) in accordance with Section 3.25 of this Agreement.

If any Serviced Mortgage
Loan or related Serviced Companion Loan provides that such Mortgage Loan or related Serviced Companion Loan may be assumed or transferred
without

    	 	-223-	 

    

    

the consent of the mortgagee, provided
that certain conditions contained in the related Mortgage Loan documents are satisfied where no mortgagee discretion is necessary in order
to determine if such conditions are satisfied, then for so long as such Mortgage Loan or related Serviced Companion Loan is being serviced
under this Agreement, the applicable Master Servicer (with respect to all Non-Specially Serviced Loans) and the applicable Special Servicer
(with respect to all Specially Serviced Loans), on behalf of the Trustee as the mortgagee of record, shall determine in accordance with
the Servicing Standard whether such conditions have been satisfied.

(b)              
As to each Serviced Mortgage Loan and any related Serviced Companion Loan that contains a provision in the nature of a “due-on-encumbrance”
clause that by its terms:

(i)               
provides that such Mortgage Loan and any related Companion Loan shall (or may at the mortgagee’s option) become due and payable
upon the creation of any additional lien or other encumbrance on the related Mortgaged Property or equity interests in the Mortgagor or
principals of the Mortgagor; or

(ii)              
requires the consent of the mortgagee to the creation of any such additional lien or other encumbrance on the related Mortgaged
Property or equity interests in the Mortgagor or principals of the Mortgagor;

then, for so long as such
Mortgage Loan or related Serviced Companion Loan is being serviced under this Agreement (and other than with respect to an action that
constitutes a Master Servicer Decision pursuant to clause (xiii), clause (xiv) or clause (xvi) of the definition thereof with respect
to such “due-on-encumbrance” clause), the applicable Special Servicer, on behalf of the Trustee as the mortgagee of record,
shall (a) exercise any right it may have with respect to such Serviced Mortgage Loan or related Companion Loan (x) to accelerate
the payments thereon or (y) to withhold its consent to the creation of any additional lien or other encumbrance, consistent with
the Servicing Standard or (b) waive its right to exercise such rights, provided that, if such matter is a Major Decision,
(i) (A) if such Mortgage Loan is not an Excluded Loan with respect to the Directing Certificateholder or the Holder of the majority
of the Controlling Class, no Control Termination Event shall have occurred and be continuing and the matter involves a Major Decision,
the prior written consent (or deemed consent) of the Directing Certificateholder shall have been obtained by the applicable Special Servicer
to the extent required by, and pursuant to the process described under, Section 6.08(a), (B) if such Mortgage Loan is not
an Excluded Loan with respect to the Directing Certificateholder, a Control Termination Event shall have occurred and be continuing, and
no Consultation Termination Event shall have occurred and be continuing, the applicable Special Servicer shall have consulted with the
Directing Certificateholder if and to the extent required pursuant to Section 6.08(a), (C) if such Mortgage Loan is not an Excluded
Loan with respect to the Risk Retention Consultation Party and (x) such Mortgage Loan is a Specially Serviced Loan or (y) a Consultation
Termination Event shall have occurred and be continuing, the applicable Special Servicer shall have consulted with the Risk Retention
Consultation Party if and to the extent required pursuant to Section 6.08(a) and (D) with respect to any Serviced AB Whole Loan,
if an AB Control Appraisal Period is not in effect, the prior consent of the related Subordinate Companion Holder shall have been obtained
by the applicable Special Servicer, to the extent required by the terms of the related Intercreditor Agreement (provided that in
the case of clause (A), clause (B) and clause (C) such consent shall be deemed given or such consultation
shall be deemed to have occurred, as applicable, if a response to the request for consent or consultation,

    	 	-224-	 

    

    

as the case may be, is not provided within
ten (10) Business Days after receipt of the applicable Special Servicer’s written recommendation and analysis and all
information reasonably requested by the Directing Certificateholder or the Risk Retention Consultation Party, as applicable, and reasonably
available to such Special Servicer in order to grant or withhold such consent or conduct such consultation) (or after the occurrence and
during the continuance of a Control Termination Event, but prior to the occurrence and continuance of a Consultation Termination Event
and other than with respect to an Excluded Loan as to the Directing Certificateholder or the holder of the majority of the Controlling
Class, the Special Servicer has consulted with the Directing Certificateholder), and (ii) the applicable Special Servicer has obtained
Rating Agency Confirmation from each Rating Agency and a confirmation of any applicable rating agency that such action will not result
in the downgrade, withdrawal or qualification of its then-current ratings of any class of Serviced Companion Loan Securities (if any)
(provided that such rating agency confirmation may be considered satisfied in the same manner as any Rating Agency Confirmation
may be considered satisfied with respect to the Certificates pursuant to Section 3.25) if such Mortgage Loan (A) has an outstanding
principal balance that is greater than or equal to 2% of the Stated Principal Balance of the outstanding Mortgage Loans or (B) has
an LTV Ratio greater than 85% (including any existing and proposed debt) or (C) has a debt service coverage ratio less than 1.20x
(in each case, determined based upon the aggregate of the Stated Principal Balance of the Mortgage Loan and related Companion Loan, if
any, and the principal amount of the proposed additional lien) or (D) is one of the ten largest Mortgage Loans (by Stated Principal
Balance) or (E) has a Stated Principal Balance greater than $35,000,000; provided, however, that with respect to sub-clauses (A),
(B), (C) and (D) of this sub-clause (ii), such Mortgage Loan shall also have a Stated Principal Balance
of at least $10,000,000 for such Rating Agency Confirmation requirement to apply. Notwithstanding anything herein to the contrary, with
respect to any Excluded Loan with respect to the Directing Certificateholder (regardless of whether a Control Termination Event has occurred
and is continuing), the applicable Special Servicer shall consult with the Operating Advisor, on a non-binding basis, in connection
with the related transactions involving proposed Major Decisions and consider alternative actions recommended by the Operating Advisor,
in respect thereof, in accordance with the procedures set forth in Section 6.08 for consulting with the Operating Advisor.

With respect to any “due-on-encumbrance”
matter described above that is a Major Decision related to any Mortgage Loan that is not an Excluded Loan with respect to the Risk Retention
Consultation Party or the holder of the majority of the RR Interest upon request of the Risk Retention Consultation Party, the applicable
Special Servicer shall consult on a non-binding basis with the Risk Retention Consultation Party with respect to (i) prior to the occurrence
and continuance of a Consultation Termination Event, Specially Serviced Loans; and (ii) following the occurrence and during the continuance
of a Consultation Termination Event, all Mortgage Loans within the same time period as it would obtain the consent of, or consult with,
the Directing Certificateholder with respect to such Major Decision.

In connection with any request
for a Rating Agency Confirmation from a Rating Agency (or, with respect to any Serviced Companion Loan Securities, the related rating
agencies) pursuant to this Section 3.08(b), the applicable Special Servicer shall (if not already provided in accordance with
Section 3.25 of this Agreement) deliver a Review Package to the 17g-5 Information Provider (or, with respect to any Serviced
Companion Loan Securities, the related 17g-5 information provider) in accordance with Section 3.25 of this Agreement.

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To the extent permitted by
the related Mortgage Loan documents, the Rating Agency Confirmation described in the immediately preceding paragraph or in Section 3.08(a)
shall be an expense of the related Mortgagor; provided that if the Mortgage Loan documents are silent as to who bears the costs
of obtaining any such Rating Agency Confirmation, the applicable Special Servicer shall use reasonable efforts to make the related Mortgagor
bear such costs and expenses. Unless determined to be a Nonrecoverable Advance such costs not collected from the related Mortgagor shall
be advanced as a Servicing Advance and otherwise shall be paid to the applicable Special Servicer from general collections in the Collection
Accounts.

If any Mortgage Loan or related
Companion Loan provides that such Mortgage Loan or related Companion Loan may be further encumbered without the consent of the mortgagee
provided that certain conditions contained in the related Mortgage Loan documents are satisfied where no mortgagee discretion is
necessary in order to determine if such conditions are satisfied, then for so long as such Mortgage Loan or related Companion Loan is
being serviced under this Agreement, the applicable Master Servicer (with respect to all Non-Specially Serviced Loans) and the applicable
Special Servicer (with respect to all Specially Serviced Loans), on behalf of the Trustee as the mortgagee of record, shall determine
whether such conditions have been satisfied.

After receiving a request
for any matter described in Section 3.08(a) or this Section 3.08(b) that constitutes a consent or waiver with
respect to a “due-on-sale” or “due-on-encumbrance” clause with respect to a Mortgage Loan that
is a Non-Specially Serviced Loan and other than any transfers provided for in clause (xiii) of the definition of “Master
Servicer Decision” and other than any waiver of a “due-on-encumbrance” clause which waiver constitutes a Master Servicer
Decision pursuant to clause (xiii), (xiv) or (xvi) of the definition of “Master Servicer Decision”, the
applicable Master Servicer shall promptly forward such request to the applicable Special Servicer and such Special Servicer shall process
such request (including, without limitation, interfacing with the Mortgagor) and except as provided in the next sentence, the Master Servicer
shall have no further obligation with respect to such request or due-on-sale or due-on-encumbrance. The applicable Master Servicer shall
continue to cooperate with the applicable Special Servicer by delivering any additional information in such Master Servicer’s possession
to the applicable Special Servicer requested by such Special Servicer relating to such consent or waiver with respect to a “due-on-sale”
or “due-on-encumbrance” clause. The applicable Master Servicer will not be permitted to process any request relating to such
consent or waiver with respect to a “due-on-sale” or “due-on-encumbrance” clause (other than any transfers provided
for in clause (xiii) of the definition of “Master Servicer Decision” and other than any waiver of a “due-on-encumbrance”
clause which waiver constitutes a Master Servicer Decision pursuant to clause (xiii), (xiv) or (xvi) of the definition
of “Master Servicer Decision”) and will not be permitted to process any Major Decision or Special Servicer Decision or be
required to interface with the Mortgagor or provide a written recommendation and analysis with respect to any such request.

(c)              
Nothing in this Section 3.08 shall constitute a waiver of the Trustee’s right, as the mortgagee of record, to
receive notice of any assumption of a Mortgage Loan, any sale or other transfer of the related Mortgaged Property or the creation of any
additional lien or other encumbrance with respect to such Mortgaged Property.

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(d)              
 Except as otherwise permitted by Section 3.08(a) and (b) and/or Section 3.18, no Master Servicer
or Special Servicer shall agree to modify, waive or amend any term of any Mortgage Loan and related Serviced Companion Loan, as applicable,
in connection with the taking of, or the failure to take, any action pursuant to this Section 3.08. The applicable Master
Servicer and the applicable Special Servicer, as the case may be, shall provide copies of any final waivers (except with respect to provision
of any such waivers to the 17g-5 Information Provider, exclusive of any Privileged Information) it effects pursuant to Section 3.08(a)
or (b) to each other and to the 17g-5 Information Provider with respect to each Mortgage Loan, and shall notify the Trustee,
the Certificate Administrator, each other and, subject to the terms of this Agreement, the 17g-5 Information Provider (for posting to
the 17g-5 Information Provider’s Website in accordance with Section 3.25) and, with respect to a Whole Loan, the related
Serviced Companion Noteholder, of any assumption or substitution agreement executed pursuant to Section 3.08(a) or (b)
and shall forward thereto a copy of such agreement.

(e)              
[Reserved].

(f)               
For the avoidance of doubt, no Master Servicer or Special Servicer may waive its rights or grant its consent under any “due-on-sale”
or “due-on-encumbrance” clause other than in compliance with the provisions of Section 3.08(a) through
(d) hereof or, with respect to an NCB Co-op Mortgage Loan, in compliance with the provisions of the following paragraph. In the case
of a Special Servicer, no such waiver or consent that constitutes a Major Decision shall be made without (x) (i) prior to the
occurrence and continuance of a Control Termination Event and (ii) other than with respect to any Excluded Loan, with respect to
the Directing Certificateholder, the consent (or deemed consent) of the Directing Certificateholder having been obtained if and to the
extent required by, and pursuant to the process described under Section 6.08(a) or (y) (i) after the occurrence and during
the continuance of a Control Termination Event and (ii) other than with respect to any Excluded Loan with respect to the Directing
Certificateholder, but prior to the occurrence and continuance of a Consultation Termination Event, after having consulted with the Directing
Certificateholder if and to the extent required pursuant to Section 6.08(a).

(g)              
Notwithstanding the foregoing, and regardless of whether a particular NCB Co-op Mortgage Loan contains specific provisions regarding
the incurrence of subordinate debt, or prohibits the incurrence of subordinate debt, or requires the consent of the mortgagee in order
to incur subordinate debt, the NCB Master Servicer may, nevertheless, in accordance with the Servicing Standard, without the need to obtain
any consent or approval of, or to consult with, the Directing Certificateholder hereunder (and without the need to obtain a Rating Agency
Confirmation), permit the related Mortgagor to incur subordinate debt if the NCB Subordinate Debt Conditions have been met; provided that,
subject to the related Mortgage Loan documents and applicable law, the NCB Master Servicer shall not waive any right it has, or grant
any consent it is otherwise entitled to withhold, in accordance with any related “due-on-encumbrance” clause under any Mortgage
Loan, pursuant to this paragraph, unless in any such case, all associated costs and expenses are covered without any expense to the Trust.

(h)              
Notwithstanding the foregoing provisions of this Section 3.08, if any Master Servicer or any Special Servicer, as applicable,
makes a determination under Section 3.08(a) or 3.08(b) that the applicable conditions in the related Mortgage Loan
or Companion Loan documents, as applicable, with respect to assumptions or encumbrances permitted without the

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consent of the mortgagee have been satisfied,
the applicable assumptions and transfers may be subject to an assumption or other fee, unless such fees are otherwise prohibited pursuant
to the Mortgage Loan documents; provided that any such fee not provided for in the Mortgage Loan documents does not constitute
a “significant” change in yield pursuant to Treasury Regulations Section 1.1001-3(e)(2).

Section 3.09       
Realization Upon Defaulted Loans and Companion Loans. (a) Upon
an event of default under the Mortgage Loan documents related to a Serviced Whole Loan or a Mortgage Loan with mezzanine debt, the applicable
Master Servicer shall promptly provide written notice to the related Companion Holder or mezzanine lender, as applicable, with a copy
of such notice to the applicable Special Servicer. If such Serviced Mortgage Loan or Serviced Whole Loan is a Defaulted Loan, the applicable
Special Servicer shall, subject to subsections (b) through (d) of this Section 3.09 and Section 3.24,
subject to the Directing Certificateholder’s and the Risk Retention Consultation Party’s respective rights pursuant to Section 6.08,
and any Companion Holder or mezzanine lender’s rights under the related Intercreditor Agreement (in the case of a Serviced Whole
Loan, on behalf of the holders of the beneficial interest of the related Companion Loan) or this Agreement, exercise reasonable efforts,
consistent with the Servicing Standard, to foreclose upon or otherwise comparably convert (which may include an REO Acquisition) the
ownership of property securing any such Serviced Mortgage Loan and related Companion Loan, if any, as come into and continue in default
as to which no satisfactory arrangements (including by way of a discounted pay-off) can be made for collection of delinquent payments,
and which are not released from the Trust Fund pursuant to any other provision hereof. The foregoing is subject to the provision that,
in any case in which a Mortgaged Property shall have suffered damage from an Uninsured Cause, the applicable Master Servicer or the applicable
Special Servicer shall not be required to make a Servicing Advance and expend funds toward the restoration of such property unless such
Special Servicer has determined in its reasonable discretion that such restoration will increase the net proceeds of liquidation of such
Mortgaged Property to Certificateholders after reimbursement to such Master Servicer or such Special Servicer, as applicable, for such
Servicing Advance, and such Master Servicer or such Special Servicer has not determined that such Servicing Advance together with accrued
and unpaid interest thereon would constitute a Nonrecoverable Advance. The costs and expenses incurred by the applicable Special Servicer
in any such proceedings shall be advanced by the applicable Master Servicer; provided that, in each case, such cost or expense
would not, if incurred, constitute a Nonrecoverable Servicing Advance. Nothing contained in this Section 3.09 shall be
construed so as to require a Master Servicer or a Special Servicer, on behalf of the Trust, to make an offer on any Mortgaged Property
at a foreclosure sale or similar proceeding that is in excess of the fair market value of such property, as determined by the applicable
Master Servicer or the applicable Special Servicer in its reasonable judgment taking into account the factors described in Section 3.16(b)
and the results of any Appraisal obtained pursuant to the following sentence, all such offers to be made in a manner consistent with
the Servicing Standard. If and when the applicable Special Servicer or the applicable Master Servicer deems it necessary and prudent
for purposes of establishing the fair market value of any Mortgaged Property securing a Defaulted Loan or any related defaulted Companion
Loan, whether for purposes of making an offer at foreclosure or otherwise, the applicable Special Servicer or the applicable Master Servicer,
as the case may be, is authorized to have an Appraisal performed with respect to such property by an Independent MAI-designated appraiser
the cost of which shall be paid by such Master Servicer as a Servicing Advance.

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(b)              
 No Special Servicer shall acquire any personal property pursuant to this Section 3.09 unless either:

(i)               
such personal property is incident to real property (within the meaning of Section 856(e)(1) of the Code) so acquired by such
Special Servicer; or

(ii)              
such Special Servicer shall have obtained an Opinion of Counsel (the cost of which shall be paid by the applicable Master Servicer
as a Servicing Advance) to the effect that the holding of such personal property by the Trust (to the extent not allocable to the related
Companion Loan) will not cause an Adverse REMIC Event.

(c)              
Notwithstanding the foregoing provisions of this Section 3.09 and Section 3.24, neither the applicable
Master Servicer nor the applicable Special Servicer shall, on behalf of the Trustee, obtain title to a Mortgaged Property in lieu of foreclosure
or otherwise, or take any other action with respect to any Mortgaged Property, if, as a result of any such action, the Trustee, on behalf
of the Certificateholders and/or any related Companion Holder, would be considered to hold title to, to be a “mortgagee-in-possession”
of, or to be an “owner” or “operator” of such Mortgaged Property within the meaning of CERCLA or any comparable
law, unless (as evidenced by an Officer’s Certificate to such effect delivered to the Trustee) the applicable Special Servicer has
previously determined in accordance with the Servicing Standard, based on an Environmental Assessment of such Mortgaged Property performed
by an Independent Person who regularly conducts Environmental Assessments and performed within six (6) months prior to any such acquisition
of title or other action, that:

(i)               
such Mortgaged Property is in compliance with applicable environmental laws or, if not, after consultation with an environmental
consultant, that it would be in the best economic interest of the Certificateholders (and with respect to any Serviced Whole Loan, the
related Companion Holders), as a collective whole as if such Certificateholders and, if applicable, Companion Holders constituted a single
lender, to take such actions as are necessary to bring such Mortgaged Property in compliance with such laws, and

(ii)              
there are no circumstances present at such Mortgaged Property relating to the use, management or disposal of any hazardous materials
for which investigation, testing, monitoring, containment, clean-up or remediation could be required under any currently effective federal,
state or local law or regulation, or that, if any such hazardous materials are present for which such action could be required, after
consultation with an environmental consultant, it would be in the best economic interest of the Certificateholders (and with respect to
any Serviced Whole Loan, the Companion Holders), as a collective whole as if such Certificateholders and, if applicable, Companion Holders
constituted a single lender, to take such actions with respect to the affected Mortgaged Property.

The cost of any such Environmental
Assessment shall be paid by the applicable Master Servicer as a Servicing Advance and the cost of any remedial, corrective or other further
action contemplated by clause (i) and/or clause (ii) of the preceding sentence shall be paid by the applicable
Master Servicer as a Servicing Advance, unless it is a Nonrecoverable Servicing Advance (in which case it shall be an expense of the Trust
and, in the case of a Serviced Whole

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Loan, shall be withdrawn in accordance with
the related Intercreditor Agreement by the applicable Master Servicer from its Collection Account, including from the Companion Distribution
Account (such withdrawal to be made from amounts on deposit therein that are otherwise payable on or allocable to such Serviced Whole
Loan)); and if any such Environmental Assessment so warrants, the applicable Special Servicer shall, except with respect to any Companion
Loan and any Environmental Assessment ordered after such Mortgage Loan has been paid in full, perform such additional environmental testing
at the expense of the Trust as it deems necessary and prudent to determine whether the conditions described in clauses (i)
and (ii) of the preceding sentence have been satisfied. With respect to Non-Specially Serviced Loans, the applicable Master
Servicer and, with respect to Specially Serviced Loans, the applicable Special Servicer (other than any Non-Serviced Mortgage Loan)
shall review and be familiar with the terms and conditions relating to enforcing claims and shall monitor the dates by which any claim
or action must be taken (including delivering any notices to the insurer and using reasonable efforts to perform any actions required
under such policy) under each environmental insurance policy in effect and obtained on behalf of the mortgagee to receive the maximum
proceeds available under such policy for the benefit of the Certificateholders and the Trustee (as holder of the Lower-Tier Regular Interests).

(d)              
If (i) the environmental testing contemplated by subsection (c) above establishes that either of the conditions
set forth in clauses (i) and (ii) of subsection (c) above of the first sentence thereof has not been satisfied
with respect to any Mortgaged Property securing a Defaulted Loan and, in the case of a Serviced Mortgage Loan, any related Companion Loan,
and (ii) there has been no breach of any of the representations and warranties set forth in or required to be made pursuant to Section 4
of each of the Mortgage Loan Purchase Agreements for which the applicable Mortgage Loan Seller could be required to repurchase such Defaulted
Loan pursuant to Section 5 of the applicable Mortgage Loan Purchase Agreement, then the applicable Special Servicer shall take such
action as it deems to be in the best economic interest of the Trust (other than proceeding to acquire title to the Mortgaged Property)
and is hereby authorized, with the consent of the Directing Certificateholder and after consultation with the Risk Retention Consultation
Party pursuant to Section 6.08(a) (in each case, (A) prior to the occurrence and continuance of a Control Termination Event
(or with respect to any AB Mortgage Loan, if an AB Control Appraisal Period is in effect, but prior to the occurrence and continuance
of a Control Termination Event) and (B) other than with respect to any Excluded Loan as to such party) at such time as it deems appropriate
to release such Mortgaged Property from the lien of the related Mortgage, provided that, if such Mortgage Loan has a then-outstanding
principal balance of greater than $1,000,000, then prior to the release of the related Mortgaged Property from the lien of the related
Mortgage, (i) the applicable Special Servicer shall have notified the Rating Agencies, the Trustee, the Certificate Administrator,
the applicable Master Servicer, the Directing Certificateholder and the Risk Retention Consultation Party (in the case of the Directing
Certificateholder, prior to the occurrence and continuance of a Consultation Termination Event, and in the case of the Directing
Certificateholder or the Risk Retention Consultation Party other than with respect to any Excluded Loan as to such party), in writing
of its intention to so release such Mortgaged Property and the bases for such intention, (ii) the Certificate Administrator shall
have posted such notice of the applicable Special Servicer’s intention to so release such Mortgaged Property to the Certificate
Administrator’s Website pursuant to Section 3.13(b) and (iii) in addition to the prior written consent of the Directing
Certificateholder as required above, the Holders of Certificates entitled to more than 50% of the Voting Rights shall have consented or
have been deemed to have consented to such release within thirty (30) days of the Certificate Administrator’s

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posting such notice to the Certificate Administrator’s
Website (failure to respond by the end of such 30-day period being deemed consent of the Holders of the Certificates). To the extent
any fee charged by any Rating Agency in connection with rendering such written confirmation is not paid by the related Mortgagor, such
fee is to be an expense of the Trust; provided that the applicable Special Servicer shall use commercially reasonable efforts to
collect such fee from the Mortgagor to the extent permitted under the related Mortgage Loan documents.

(e)              
Each Special Servicer shall provide written reports and a copy of any Environmental Assessments in electronic format to the Directing
Certificateholder and the Risk Retention Consultation Party (in each case, other than with respect to any Excluded Loan as to such party),
each applicable Master Servicer and the 17g-5 Information Provider monthly regarding any actions taken by such Special Servicer with
respect to any Mortgaged Property securing a Defaulted Loan, or defaulted Companion Loan as to which the environmental testing contemplated
in subsection (c) above has revealed that either of the conditions set forth in clauses (i) and (ii) of
the first sentence thereof has not been satisfied, in each case until the earlier to occur of satisfaction of both such conditions, repurchase
of the related Mortgage Loan by the applicable Mortgage Loan Seller or release of the lien of the related Mortgage on such Mortgaged Property.

(f)               
Each Special Servicer shall notify the applicable Master Servicer of any abandoned and/or foreclosed properties which require reporting
to the Internal Revenue Service and shall provide such Master Servicer with all information regarding forgiveness of indebtedness and
required to be reported with respect to any Mortgage Loan or related Companion Loan that is abandoned or foreclosed and such Master Servicer
shall report to the Internal Revenue Service and the related Mortgagor, in the manner required by applicable law, such information and
such Master Servicer shall report, via Form 1099A or Form 1099C (or any successor form), all forgiveness of indebtedness and
abandonment and foreclosure to the extent such information has been provided to such Master Servicer by such Special Servicer. Upon request,
the applicable Master Servicer shall deliver a copy of any such report to the Trustee and the Certificate Administrator.

(g)              
Each Special Servicer shall have the right to determine, in accordance with the Servicing Standard, the advisability of the maintenance
of an action to obtain a deficiency judgment if the state in which the Mortgaged Property is located and the terms of the Mortgage Loan
(and if applicable, the related Companion Loan) permit such an action.

(h)              
Each Special Servicer shall maintain accurate records, prepared by one of its Servicing Officers, of each Final Recovery Determination
in respect of a Defaulted Loan (other than with respect to a Non-Serviced Mortgage Loan) or defaulted Companion Loan or any REO Property
(other than any Non-Serviced Mortgaged Property) and the basis thereof. Each Final Recovery Determination shall be evidenced by an Officer’s
Certificate promptly delivered to the Trustee, the Certificate Administrator, the Directing Certificateholder and the Risk Retention Consultation
Party (but in the case of the Directing Certificateholder and the Risk Retention Consultation Party, other than with respect to any Excluded
Loan as to such party) and the applicable Master Servicer and in no event later than the next succeeding P&I Advance Determination
Date.

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Section 3.10       
Trustee and Certificate Administrator to Cooperate; Release of Mortgage Files. (a) Upon
the payment in full of any Serviced Mortgage Loan, or the receipt by the applicable Master Servicer or the applicable Special Servicer,
as the case may be, of a notification that payment in full shall be escrowed in a manner customary for such purposes, the applicable
Master Servicer or the applicable Special Servicer, as the case may be, will promptly notify the Trustee and the Custodian and request
delivery of the related Mortgage File. Any such notice and request shall be in the form of a Request for Release signed by a Servicing
Officer and shall include a statement to the effect that all amounts received or to be received in connection with such payment which
are required to be deposited in the applicable Collection Account pursuant to Section 3.04(a) or remitted to the applicable
Master Servicer to enable such deposit, have been or will be so deposited. Within seven (7) Business Days (or within such shorter period
as release can reasonably be accomplished if the applicable Master Servicer or the applicable Special Servicer notifies the Custodian
of an exigency) of receipt of such notice and request, the Custodian shall release the related Mortgage File to the applicable Master
Servicer or the applicable Special Servicer, as the case may be; provided that in the case of the payment in full of a Serviced
Companion Loan or its related Mortgage Loan, the related Mortgage File shall not be released by the Custodian unless the related Serviced
Whole Loan is paid in full. No expenses incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable
to a Collection Account.

(b)              
From time to time as is appropriate for servicing or foreclosure of any Serviced Mortgage Loan (and any related Companion Loan),
the applicable Master Servicer or the applicable Special Servicer shall deliver to the Custodian a Request for Release signed by a Servicing
Officer. Upon receipt of the foregoing, the Custodian shall deliver the Mortgage File or any document therein to the applicable Master
Servicer or the applicable Special Servicer (or a designee), as the case may be. Upon return of such Mortgage File or such document to
the Custodian, or the delivery to the Trustee and the Custodian of a certificate of a Servicing Officer of the applicable Master Servicer
or the applicable Special Servicer, as the case may be, stating that such Mortgage Loan (and, in the case of a Serviced Whole Loan, the
related Companion Loan), was liquidated and that all amounts received or to be received in connection with such liquidation which are
required to be deposited into the applicable Collection Account (including amounts related to the related Companion Loan, if applicable)
pursuant to Section 3.04(a) have been or will be so deposited, or that such Mortgage Loan has become an REO Property, a copy
of the Request for Release shall be released by the Custodian to the applicable Master Servicer or the applicable Special Servicer (or
a designee), as the case may be, with the original being released upon termination of the Trust.

(c)              
Within seven (7) Business Days (or within such shorter period as delivery can reasonably be accomplished if the applicable Special
Servicer notifies the Trustee of an exigency) of receipt thereof, the Trustee shall execute and deliver to the applicable Special Servicer
any court pleadings, requests for trustee’s sale or other documents necessary to the foreclosure or trustee’s sale in respect
of a Mortgaged Property or to any legal action brought to obtain judgment against any Mortgagor on the Mortgage Note (including any note
evidencing a related Companion Loan) or Mortgage or to obtain a deficiency judgment, or to enforce any other remedies or rights provided
by the Mortgage Note or Mortgage or otherwise available at law or in equity. The applicable Special Servicer shall be responsible for
the preparation of all such documents and pleadings. When submitted to the Trustee for signature, such documents or pleadings shall be

    	 	-232-	 

    

    

accompanied by a certificate of a Servicing
Officer requesting that such pleadings or documents be executed by the Trustee and certifying as to the reason such documents or pleadings
are required and that the execution and delivery thereof by the Trustee will not invalidate or otherwise affect the lien of the Mortgage,
except for the termination of such a lien upon completion of the foreclosure or trustee’s sale. The Trustee shall not be required
to review such documents for their sufficiency or enforceability.

(d)              
If, from time to time, pursuant to the terms of the applicable Non-Serviced Intercreditor Agreement and the applicable Non-Serviced
PSA, and as appropriate for enforcing the terms of a Non-Serviced Mortgage Loan, the applicable Non-Serviced Master Servicer requests
delivery to it of the original Mortgage Note for a Non-Serviced Mortgage Loan, then the Custodian shall release or cause the release
of such original Mortgage Note to such Non-Serviced Master Servicer or its designee.

Section 3.11       
Servicing Compensation. (a) As compensation for its activities
hereunder, the applicable Master Servicer shall be entitled to receive the Servicing Fee with respect to each Mortgage Loan, Serviced
Companion Loan and REO Loan (other than the portion of any REO Loan related to any Non-Serviced Companion Loan) (including Specially
Serviced Loans and any Non-Serviced Mortgage Loan constituting a “specially serviced loan” under any related Non-Serviced
PSA). As to each Mortgage Loan, Companion Loan and REO Loan, the Servicing Fee shall accrue from time to time at the Servicing Fee Rate
and shall be computed on the basis of the Stated Principal Balance of such Mortgage Loan, Companion Loan or REO Loan, as the case may
be, and in the same manner as interest is calculated on such Mortgage Loan, Companion Loan or REO Loan, as the case may be, and, in connection
with any partial month interest payment, for the same period respecting which any related interest payment due on such Mortgage Loan
or Companion Loan or deemed to be due on such REO Loan is computed. The Servicing Fee with respect to any Mortgage Loan, Companion Loan
or REO Loan shall cease to accrue if a Liquidation Event occurs with respect to the related Mortgage Loan, except that if such Mortgage
Loan is part of a Serviced Whole Loan and such Serviced Whole Loan continues to be serviced and administered under this Agreement notwithstanding
such Liquidation Event, then the applicable Servicing Fee shall continue to accrue and be payable as if such Liquidation Event did not
occur. The Servicing Fee shall be payable monthly, on a loan-by-loan basis, from payments of interest on each Mortgage Loan,
Companion Loan and REO Revenues allocable as interest on each REO Loan, and as otherwise provided by Section 3.05(a). Each
Master Servicer shall be entitled to recover unpaid Servicing Fees in respect of any applicable Mortgage Loan, Companion Loan or REO
Loan out of that portion of related payments, Insurance and Condemnation Proceeds, Liquidation Proceeds and REO Revenues (in the case
of an REO Loan) allocable as recoveries of interest, to the extent permitted by Section 3.05(a).

Except as set forth in the
following sentence, the fourth (4th) paragraph of this Section 3.11(a), Section 6.03, Section 6.05
and Section 7.01(c), the right to receive the Servicing Fee may not be transferred in whole or in part (except in connection
with a transfer of all of the applicable Master Servicer’s duties and obligations hereunder to a successor servicer in accordance
with the terms hereof). With respect to each Serviced Companion Loan, the Servicing Fee shall be payable to the applicable Master Servicer
from amounts payable in respect of such Serviced Companion Loan, subject to the terms of the related Intercreditor Agreement.

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Each Master Servicer shall
be entitled to retain, and shall not be required to deposit in its Collection Account pursuant to Section 3.04(a), additional
servicing compensation (other than with respect to a Non-Serviced Mortgage Loan) in the form of the following amounts to the extent
collected from the related Mortgagor relating to a Mortgage Loan and any related Serviced Companion Loan for which it acts as Master Servicer:

(i)               
100% of Excess Modification Fees related to any modifications, waivers, extensions or amendments of any Non-Specially Serviced
Loans (including any related Serviced Companion Loan, to the extent not prohibited by the related Intercreditor Agreement) that are Master
Servicer Decisions; and for any matter for a Mortgage Loan (including any related Companion Loan) that is not a Specially Serviced Loan
which matter involves a Major Decision or a Special Servicer Decision (other than with respect to a Payment Accommodation), then such
Master Servicer shall be entitled to 50% of such Excess Modification Fees; provided, that no Master Servicer shall be entitled
to any COVID Forbearance Fees with respect to a Payment Accommodation;

(ii)              
100% of all assumption application fees and other similar items received on any Serviced Mortgage Loans that are Non-Specially
Serviced Loans (including any related Serviced Companion Loan, to the extent not prohibited by the related Intercreditor Agreement) to
the extent such Master Servicer is processing the underlying transaction and 100% of all defeasance fees (provided that for the
avoidance of doubt, any such defeasance fee shall not include any Modification Fees in connection with a defeasance that the applicable
Special Servicer is entitled to under this Agreement); and

(iii)              100%
of assumption, waiver, consent and earnout fees, and other similar fees (other than assumption application fees and defeasance fees)
pursuant to Section 3.08 and Section 3.18 or other actions performed in connection with this Agreement on
the Non-Specially Serviced Loans (including any related Serviced Companion Loan, to the extent not prohibited by the related Intercreditor
Agreement) relating to Master Servicer Decisions; and for any matter for a Mortgage Loan (including any related Companion Loan) that
is not a Specially Serviced Loan which matter involves a Major Decision or a Special Servicer Decision (other than with respect to a
Payment Accommodation), then the applicable Master Servicer shall be entitled to 50% of such assumption, waiver, consent and earnout
fees and other similar fees.

In addition, the applicable
Master Servicer shall be entitled to charge and retain as additional servicing compensation (other than with respect to any Non-Serviced
Mortgage Loan) any charges for beneficiary statements and demands to the extent such beneficiary statements or demands are prepared by
the applicable Master Servicer and other customary charges, amounts collected for checks returned for insufficient funds (relating to
the accounts held by such applicable Master Servicer) and reasonable review fees in connection with any Mortgagor request to the extent
such review fees are not prohibited under the related Mortgage Loan documents, in each case only to the extent actually paid by or on
behalf of the related Mortgagor and shall not be required to deposit such amounts in its Collection Account or the Companion Distribution
Account pursuant to Section 3.04(a) or Section 3.04(b), respectively. Subject to Section 3.11(d), the applicable
Master Servicer shall also be entitled to additional servicing compensation in the form of: (i) Penalty Charges to the extent provided
in Section 3.11(d), (ii) interest or other income

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earned on deposits relating to the Trust Fund
in its Collection Account or the Companion Distribution Account in accordance with Section 3.06(b) (but only to the extent
of the Net Investment Earnings, if any, with respect to such account for the period from and including the prior Distribution Date to
and including the P&I Advance Date related to the current Distribution Date), (iii) interest or other income earned on deposits
in its Servicing Accounts which are not required by applicable law or the related Mortgage Loan to be paid to the Mortgagor, and (iv) the
difference, if positive, between Prepayment Interest Excesses and Prepayment Interest Shortfalls collected on the Mortgage Loans and any
Serviced Pari Passu Companion Loan for which it acts as Master Servicer, during the related Collection Period to the extent not required
to be paid as Compensating Interest Payments. The applicable Master Servicer shall be required to pay out of its own funds all expenses
incurred by it in connection with its servicing activities hereunder (including, without limitation, payment of any amounts due and owing
to any of its Sub-Servicers and the premiums for any blanket Insurance Policy insuring against hazard losses pursuant to Section 3.07),
if and to the extent such expenses are not payable directly out of its Collection Account and the applicable Master Servicer shall not
be entitled to reimbursement therefor except as expressly provided in this Agreement.

Notwithstanding anything
to the contrary, if either the Master Servicer or the Special Servicer has partially waived any Penalty Charge (part of which accrued
when the related Mortgage Loan was not a Specially Serviced Loan and part of which accrued when the related Mortgage Loan was a Specially
Serviced Loan), any collections in respect of such Penalty Charge will be shared pro rata by the applicable Master Servicer and
the applicable Special Servicer based on the respective portions of such Penalty Charge to which each would otherwise have been entitled.

With respect to any of the
preceding fees (other than Penalty Charges) as to which both the applicable Master Servicer and the applicable Special Servicer are entitled
to receive a portion thereof, the applicable Master Servicer and the applicable Special Servicer shall each have the right in its sole
discretion, but not any obligation, to reduce or elect not to charge its respective portion of such fee; provided, that (A) neither
the applicable Master Servicer nor the applicable Special Servicer will have the right to reduce or elect not to charge the portion of
any such fee due to the other and (B) to the extent either of the applicable Master Servicer or the applicable Special Servicer exercises
its right to reduce or elect not to charge its respective portion in any such fee, the party that reduced or elected not to charge its
respective portion of such fee will not have any right to share in any part of the other party’s portion of such fee. If the applicable
Master Servicer decides not to charge any fee (other than Penalty Charges), the applicable Special Servicer shall nevertheless be entitled
to charge its portion of the related fee to which such Special Servicer would have been entitled if such Master Servicer had charged a
fee and such Master Servicer will not be entitled to any of such fee charged by such Special Servicer. Similarly, if the applicable Special
Servicer decides not to charge any fee (other than Penalty Charges), the applicable Master Servicer shall nevertheless be entitled to
charge its portion of the related fee to which such Master Servicer would have been entitled if such Special Servicer had charged a fee
and such Special Servicer shall not be entitled to any portion of such fee charged by such Master Servicer.

Notwithstanding anything
herein to the contrary, each of Wells Fargo Bank, National Association and National Cooperative Bank, N.A. may, at its option, assign
or pledge to any third party or retain for itself the Transferable Servicing Interest with respect to any Mortgage

    	 	-235-	 

    

    

Loan and any Serviced Pari Passu Companion
Loan (and any successor REO Loan) for which it acts as Master Servicer; provided, however, that in the event of any resignation
or termination of such Master Servicer, all or any portion of the Transferable Servicing Interest may be reduced by the Trustee to the
extent reasonably necessary (in the sole discretion of the Trustee) for the Trustee to obtain a qualified successor master servicer that
meets the requirements of Section 6.05 and who requires market-rate servicing compensation that accrues at a per annum
rate in excess of the Retained Fee Rate, and any such assignment of the Transferable Servicing Interest shall, by its terms be expressly
subject to the terms of this Agreement and such reduction. The applicable Master Servicer shall pay the Transferable Servicing Interest
to the holder of the Transferable Servicing Interest at such time and to the extent such Master Servicer is entitled to receive payment
of its Servicing Fees hereunder, notwithstanding any resignation or termination of Wells Fargo Bank, National Association, as General
Master Servicer, or National Cooperative Bank, N.A. as NCB Master Servicer, as applicable, hereunder (subject to reduction pursuant to
the preceding sentence).

(b)              
As compensation for its activities hereunder, each Special Servicer shall be entitled to receive the Special Servicing Fee with
respect to each Specially Serviced Loan and REO Loan (other than a Non-Serviced Mortgage Loan and any REO Loan relating to a Non-Serviced
Mortgaged Property). As to each Specially Serviced Loan and REO Loan, the Special Servicing Fee shall accrue from time to time at the
Special Servicing Fee Rate and shall be computed on the basis of the Stated Principal Balance of such Specially Serviced Loan or REO Loan,
as the case may be, and in the same manner as interest is calculated on the Specially Serviced Loans or REO Loans, as the case may be,
and, in connection with any partial month interest payment, for the same period respecting which any related interest payment due on such
Specially Serviced Loan or deemed to be due on such REO Loan is computed. The Special Servicing Fee with respect to any Specially Serviced
Loan or REO Loan shall cease to accrue if a Liquidation Event occurs with respect to the related Mortgage Loan. The Special Servicing
Fee shall be payable monthly, on a loan-by-loan basis, in accordance with the provisions of Section 3.05(a). The right
to receive the Special Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of the applicable
Special Servicer’s responsibilities and obligations under this Agreement. No Special Servicer shall be entitled to any Special Servicing
Fees with respect to a Non-Serviced Mortgage Loan.

(c)              
Each Special Servicer shall be entitled to additional servicing compensation in the form of:

(i)               
100% of Excess Modification Fees related to modifications, waivers, extensions or amendments of any Specially Serviced Loans and
100% of COVID Forbearance Fees related to any Payment Accommodation,

(ii)              
100% of assumption application fees and other similar items received with respect to Specially Serviced Loans and 100% of all assumption
application fees and other similar items received with respect to Mortgage Loans (other than Non-Serviced Mortgage Loans) and Serviced
Companion Loans that are Non-Specially Serviced Loans to the extent the applicable Special Servicer processes the underlying transaction,

    	 	-236-	 

    

    

(iii)              100% of waiver, consent and earnout fees and fees in respect of other actions performed in connection with this Agreement on the
Specially Serviced Loans or certain other similar fees paid by the related Mortgagor on Specially Serviced Loans,

(iv)              100%
of assumption fees and other similar fees received with respect to Specially Serviced Loans,

(v)              
50% of all Excess Modification Fees and assumption, waiver, consent and earnout fees and other similar fees (other than assumption
application fees and defeasance fees) received with respect to any Serviced Mortgage Loans or Serviced Companion Loan(s) that are Non-Specially
Serviced Loans to the extent that the matter involves a Major Decision or a Special Servicer Decision (other than with respect to a Payment
Accommodation), and

(vi)              100%
of charges for beneficiary statements and demand charges actually paid by the Mortgagors to the extent such beneficiary statements or
demand charges are prepared by such Special Servicer.

and shall be promptly paid
to each Special Servicer by the applicable Master Servicer (or directly from the related Mortgagor) to the extent such fees are paid by
the Mortgagor and shall not be required to be deposited in the applicable Collection Account pursuant to Section 3.04(a).
Subject to Section 3.11(d), each Special Servicer shall also be entitled to additional servicing compensation in the form of: (i) Penalty
Charges to the extent provided in Section 3.11(d) and (ii) interest or other income earned on deposits relating to the Trust
Fund in the REO Account and Loss of Value Reserve Fund in accordance with Section 3.06(b) (but only to the extent of the Net
Investment Earnings, if any, with respect to such account for the period from and including the prior Distribution Date to and including
the P&I Advance Date related to such Distribution Date). In addition, each Special Servicer shall be entitled to retain as additional
servicing compensation (other than with respect to any Non-Serviced Mortgage Loan) reasonable review fees in connection with any Mortgagor
request to the extent such review fees are not prohibited under the related Mortgage Loan documents, and only to the extent actually paid
by or on behalf of the related Mortgagor. Each Special Servicer shall also be entitled to additional servicing compensation in the form
of a Workout Fee with respect to each Corrected Loan at the Workout Fee Rate on such Corrected Loan for so long as it remains a Corrected
Loan; provided, that after receipt by the applicable Special Servicer of Workout Fees with respect to such Corrected Loan in an
amount equal to $25,000, any Workout Fees in excess of such amount shall be reduced by the Excess Modification Fee Amount received by
the applicable Special Servicer; provided, further, that in the event the Workout Fee collected over the course of such
workout calculated at the Workout Fee Rate is less than $25,000, then the applicable Special Servicer shall be entitled to an amount from
the final payment on the related Corrected Loan (including any related Serviced Companion Loan) that would result in the total Workout
Fees payable to the applicable Special Servicer in respect of that Corrected Loan (including any related Serviced Companion Loan) being
equal to $25,000. The Workout Fee shall be reduced (but not below zero) with respect to each collection on such Corrected Loan from which
fee would otherwise be payable until an amount equal to the Excess Modification Fee Amount has been deducted in full. The Workout Fee
with respect to any Corrected Loan will cease to be payable if such loan again becomes a Specially Serviced Loan; provided that
a new Workout Fee will become payable if and when such Specially Serviced Loan

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again becomes a Corrected Loan. No Special
Servicer shall be entitled to any Workout Fee with respect to a Non-Serviced Mortgage Loan. If a Special Servicer is terminated (other
than for cause) or resigns, it shall retain the right to receive any and all Workout Fees payable in respect of Mortgage Loans or any
related Companion Loan that became Corrected Loans prior to the time of that termination or resignation except the Workout Fees will no
longer be payable if the Corrected Loan subsequently becomes a Specially Serviced Loan. If a Special Servicer resigns or is terminated
(other than for cause), it will receive any Workout Fees payable on Specially Serviced Loans for which the resigning or terminated Special
Servicer had determined to grant a forbearance or cured the event of default through a modification, restructuring or workout negotiated
by the applicable Special Servicer and evidenced by a signed writing, but which had not as of the time the applicable Special Servicer
resigned or was terminated become a Corrected Loan solely because the Mortgagor had not had sufficient time to make three (3) consecutive
timely Periodic Payments and which subsequently becomes a Corrected Loan as a result of the Mortgagor making such three (3) consecutive
timely Periodic Payments. The successor special servicer will not be entitled to any portion of such Workout Fees. No Special Servicer
will be entitled to receive any Workout Fees after termination of such Special Servicer for cause. A Liquidation Fee will be payable to
the Special Servicer with respect to (a) each Specially Serviced Loan (other than a Non-Serviced Mortgage Loan) or REO Property (other
than a Non-Serviced Mortgaged Property) as to which the applicable Special Servicer receives any Liquidation Proceeds or Insurance
and Condemnation Proceeds and (b) each Mortgage Loan repurchased by a Mortgage Loan Seller or for which a Loss of Value Payment was
paid, in each case, subject to the exceptions set forth in the definition of Liquidation Fee (such Liquidation Fee to be paid out of such
Liquidation Proceeds, Insurance and Condemnation Proceeds). If, however, Liquidation Proceeds or Insurance and Condemnation Proceeds are
received with respect to any Corrected Loan and the applicable Special Servicer is properly entitled to a Workout Fee, such Workout Fee
will be payable based on and out of the portion of such Liquidation Proceeds and Insurance and Condemnation Proceeds that constitute principal
and/or interest on such Mortgage Loan. Notwithstanding anything herein to the contrary, each Special Servicer shall only be entitled to
receive a Liquidation Fee or a Workout Fee, but not both, with respect to proceeds on any Mortgage Loan. Notwithstanding the foregoing,
with respect to any Companion Loan, the Liquidation Fee, Workout Fee and Special Servicing Fees, if any, will be computed as provided
in the related Intercreditor Agreement or to the extent such Intercreditor Agreement is silent or refers to this Agreement or indicates
such fees are paid in accordance with this Agreement, as provided herein as though such Companion Loan were a Mortgage Loan. Subject to
Section 3.11(d), each Special Servicer will also be entitled to additional fees in the form of Penalty Charges. Each Special Servicer
shall be required to pay out of its own funds all expenses incurred by it in connection with its servicing activities hereunder (including,
without limitation, payment of any amounts, other than management fees in respect of REO Properties, due and owing to any of its Sub-Servicers
and the premiums for any blanket Insurance Policy obtained by it insuring against hazard losses pursuant to Section 3.07),
if and to the extent such expenses are not expressly payable directly out of the applicable Collection Account or the REO Account, and
the applicable Special Servicer shall not be entitled to reimbursement therefor except as expressly provided in this Agreement.

Notwithstanding anything
to the contrary, if either the Master Servicer or the Special Servicer has partially waived any Penalty Charge (part of which accrued
when the related Mortgage Loan was a Specially Serviced Loan and part of which accrued when the related Mortgage Loan was not a Specially
Serviced Loan), any collections in respect of such Penalty

    	 	-238-	 

    

    

Charge will be shared pro rata by the
Master Servicer and the Special Servicer based on the respective portions of such Penalty Charge to which each would otherwise have been
entitled.

With respect to any of the
preceding fees (other than Penalty Charges) as to which both the Master Servicer and the Special Servicer are entitled to receive a portion
thereof, the applicable Master Servicer and the applicable Special Servicer shall each have the right in its sole discretion, but not
any obligation, to reduce or elect not to charge its respective portion of such fee; provided, however, that (A) neither
the applicable Master Servicer nor the applicable Special Servicer will have the right to reduce or elect not to charge the portion of
any fee due to the other and (B) to the extent either of the applicable Master Servicer or the applicable Special Servicer exercises its
right to reduce or elect not to charge its respective portion in any fee, the party that reduced or elected not to charge such fee will
not have any right to share in any part of the other party’s portion of such fee. If the applicable Master Servicer decides not
to charge any fee (other than Penalty Charges), the applicable Special Servicer shall nevertheless be entitled to charge its portion of
the related fee to which the applicable Special Servicer would have been entitled if the applicable Master Servicer had charged a fee
and the applicable Master Servicer will not be entitled to any of such fee charged by the applicable Special Servicer. Similarly, if the
applicable Special Servicer decides not to charge any fee (other than Penalty Charges), the applicable Master Servicer shall nevertheless
be entitled to charge its portion of the related fee to which the applicable Master Servicer would have been entitled if the applicable
Special Servicer had charged a fee and the applicable Special Servicer shall not be entitled to any portion of such fee charged by the
applicable Master Servicer.

(d)              
In determining the compensation of each applicable Master Servicer or each applicable Special Servicer, as applicable, with respect
to Penalty Charges, on any Distribution Date, the aggregate Penalty Charges collected on any Serviced Mortgage Loan and any related Companion
Loan since the prior Distribution Date shall be applied (in such order) to reimburse (i) the applicable Master Servicer, the applicable
Special Servicer or the Trustee for interest on Advances on such Mortgage Loan or related Companion Loan, if applicable (and, in connection
with a Non-Serviced Mortgage Loan, the applicable Non-Serviced Master Servicer, the applicable Non-Serviced Special Servicer
or the applicable Non-Serviced Trustee for interest on the servicing advances made by any such party with respect to a Non-Serviced
Whole Loan pursuant to the applicable Non-Serviced PSA, to the extent not prohibited by the applicable Non-Serviced Intercreditor
Agreement) due on such Distribution Date, (ii) the Trust for all interest on Advances previously paid to the applicable Master Servicer
or the Trustee pursuant to Section 3.05(a)(vi) (and, in connection with a Non-Serviced Mortgage Loan, the related trust
for all interest on servicing advances reimbursed by such trust to any party under the applicable Non-Serviced PSA, which resulted in
an additional expense for the Trust, to the extent not prohibited by the applicable Non-Serviced Intercreditor Agreement) with respect
to such Mortgage Loan or related Companion Loan, if applicable and (iii) the Trust for all additional expenses of the Trust (including
Special Servicing Fees, Workout Fees and Liquidation Fees), including without limitation, inspections by the applicable Special Servicer
and all unpaid Advances incurred since the Closing Date with respect to such Mortgage Loan. Penalty Charges (other than with respect to
a Non-Serviced Mortgage Loan, which shall be payable as additional servicing compensation under the related Non-Serviced PSA) remaining
thereafter shall be distributed to the applicable Master Servicer, if and to the extent accrued while such Mortgage Loan and any related
Companion Loan was a Non-Specially Serviced Loan, and to the applicable Special Servicer, if and to the extent accrued

    	 	-239-	 

    

    

on such Mortgage Loan during the period such
Mortgage Loan was a Specially Serviced Loan or REO Loan. Any Penalty Charges paid or payable as additional servicing compensation to each
applicable Master Servicer and each applicable Special Servicer shall be distributed between the applicable Master Servicer and the applicable
Special Servicer, on a pro rata basis, based on such Master Servicer’s and such Special Servicer’s respective entitlements
to such compensation described in the previous sentence. Notwithstanding the foregoing or anything else herein to the contrary, Penalty
Charges with respect to any Companion Loan will be allocated pursuant to the applicable Intercreditor Agreement after payment of all related
Advances and interest thereon and additional expenses of the Trust in accordance with this Section 3.11(d).

If a Servicing Shift Whole
Loan becomes a Specially Serviced Loan prior to the applicable Servicing Shift Securitization Date, the applicable Special Servicer shall
service and administer such Servicing Shift Whole Loan and any related REO Property in the same manner as any other Specially Serviced
Loan or Serviced REO Property and shall be entitled to all rights and compensation earned with respect to such Serviced Whole Loan as
the applicable Special Servicer of such Serviced Whole Loan. With respect to a Servicing Shift Mortgage Loan, prior to the applicable
Servicing Shift Securitization Date, no other special servicer will be entitled to any such compensation or have such rights and obligations.
If a Servicing Shift Whole Loan is still a Specially Serviced Loan on the applicable Servicing Shift Securitization Date, the Non-Serviced
Special Servicer and the applicable Special Servicer shall be entitled to compensation with respect to such Servicing Shift Whole Loan
as if such Special Servicer were being terminated (other than for cause) as the Special Servicer with respect to such Servicing Shift
Whole Loan and the Non-Serviced Special Servicer were replacing such Special Servicer as the successor Special Servicer with respect to
such Servicing Shift Whole Loan.

(e)              
With respect to each Distribution Date, each Special Servicer shall deliver or cause to be delivered to the applicable Master Servicer
within two (2) Business Days following the Determination Date, and such Master Servicer shall deliver, to the extent it has received,
to the Certificate Administrator, without charge and on the related Remittance Date, an electronic report (which may include HTML, Word
or Excel compatible format, clean and searchable PDF format or such other format as mutually agreeable between the Certificate Administrator
and the applicable Special Servicer) that discloses and contains an itemized listing of any Disclosable Special Servicer Fees received
by the applicable Special Servicer or any of its Affiliates, if any, with respect to such Distribution Date; provided that no such
report shall be due in any month during which no Disclosable Special Servicer Fees were received.

(f)               
Each Special Servicer and its Affiliates shall be prohibited from receiving or retaining any compensation or any other remuneration
(including, without limitation, in the form of commissions, brokerage fees, rebates, or as a result of any other fee-sharing arrangement)
from any Person (including, without limitation, the Trust, any Mortgagor, any property manager, any guarantor or indemnitor in respect
of a Mortgage Loan and any purchaser of any Mortgage Loan or REO Property) in connection with the disposition, workout or foreclosure
of any Mortgage Loan or Serviced Companion Loan, the management or disposition of any REO Property, or the performance of any other special
servicing duties under this Agreement, other than as expressly provided in this Section 3.11; provided that such prohibition
shall not apply to Permitted Special Servicer/Affiliate Fees.

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(g)              
 Pursuant to the CREFC® License Agreement, CREFC® shall be paid (according to the payment instructions
set forth on Exhibit II hereto or such other payment instructions as CREFC® may provide to each applicable
Master Servicer in writing at least two (2) Business Days prior to the Remittance Date) the CREFC® Intellectual Property
Royalty License Fee on a monthly basis. Each Master Servicer shall withdraw from its Collection Account and, to the extent sufficient
funds are on deposit therein, pay the CREFC® Intellectual Property Royalty License Fee to CREFC® in accordance
with Section 3.05(a)(xii) on a monthly basis, from funds on deposit in its Collection Account.

Section 3.12       
Inspections; Collection of Financial Statements. (a) Each Master
Servicer shall perform (at its own expense), or shall cause to be performed (at its own expense), a physical inspection of each Mortgaged
Property relating to a Mortgage Loan (other than a Non-Serviced Mortgage Loan or a Specially Serviced Loan or an REO Loan) for which it
acts as Master Servicer with a Stated Principal Balance of (i) $2,000,000 or more at least once every twelve (12) months and (ii) less
than $2,000,000 at least once every twenty-four (24) months, in each case, commencing in the calendar year 2023 (and each Mortgaged
Property shall be inspected on or prior to December 31, 2024); provided, however, that if a physical inspection has
been performed by the applicable Special Servicer in the previous twelve (12) months, such Master Servicer will not be required to perform,
or cause to be performed, such physical inspection; provided, further, that if any scheduled payment becomes more than sixty
(60) days delinquent on the related Mortgage Loan (excluding a delinquency that would have existed but for a Payment Accommodation, for
so long as the related Mortgagor is complying with the terms of such Payment Accommodation), the applicable Special Servicer shall inspect
or cause to be inspected the related Mortgaged Property as soon as practicable after such Mortgage Loan becomes a Specially Serviced Loan
and annually thereafter for so long as such Mortgage Loan remains a Specially Serviced Loan. The cost of such inspection by a Special
Servicer pursuant to the second proviso of the immediately preceding sentence shall be an expense of the Trust, and, to the extent not
paid by the related Mortgagor, reimbursed first from Penalty Charges actually received from the related Mortgagor and then from
the applicable Collection Account pursuant to Section 3.05(a)(ii), provided that, with respect to a Serviced Whole
Loan, such cost shall be payable, subject to the terms of the related Intercreditor Agreement (i) with respect to a Serviced Pari
Passu Whole Loan, pro rata and pari passu, from the related Serviced Pari Passu Mortgage Loan and Serviced Pari Passu Companion
Loan, in accordance with their respective outstanding principal balances, or (ii) with respect to a Serviced AB Whole Loan, first,
from the related AB Subordinate Companion Loan(s) and then, from the Serviced AB Mortgage Loan and any Serviced Pari Passu Companion
Loans on a pro rata and pari passu basis (provided that, with respect to any AB Subordinate Companion Loan, the foregoing
shall not limit or otherwise modify the terms of the related Intercreditor Agreement pursuant to which any amounts collected with respect
to the related Whole Loan are allocated to the related Serviced AB Mortgage Loan, any Serviced Pari Passu Companion Loans and the AB Subordinate
Companion Loans), in each case, prior to being payable out of general collections. With respect to any Serviced AB Whole Loan, the costs
will be allocated, first, as an expense of the related Subordinate Companion Holder and, second, as an expense of the holder
of the related Mortgage Loan to the extent provided in the related Intercreditor Agreement. The applicable Special Servicer or the applicable
Master Servicer, as applicable, shall prepare or cause to be prepared a written report of each such inspection detailing the condition
of and any damage to the Mortgaged Property to the extent evident from the inspection and specifying the existence of (i) any vacancy
at the Mortgaged Property that the preparer of such report has

    	 	-241-	 

    

    

knowledge of and the applicable Master Servicer
or the applicable Special Servicer, as the case may be, deems material, (ii) any sale, transfer or abandonment of the Mortgaged Property
of which the preparer of such report has knowledge or that is evident from the inspection, (iii) any adverse change in the condition
of the Mortgaged Property of which the preparer of such report has knowledge or that is evident from the inspection, and that the applicable
Master Servicer or the applicable Special Servicer, as the case may be, deems material, (iv) any visible material waste committed
on the Mortgaged Property of which the preparer of such report has knowledge or that is evident from the inspection and (v) photographs
of each inspected Mortgaged Property. The applicable Special Servicer and the applicable Master Servicer shall promptly following preparation
deliver or make available a copy (in electronic format) of each such report prepared by such Special Servicer and such Master Servicer,
respectively, to the other party, to the Directing Certificateholder ((i) prior to the occurrence and continuance of a Control Termination
Event and (ii) other than with respect to any Excluded Loan (as to such party) that is a Specially Serviced Loan). Within five (5)
Business Days after request for copies of such reports by the Rating Agencies, the applicable Special Servicer or the applicable Master
Servicer, as applicable, shall deliver or make available a copy (in electronic format) of each such report prepared by such Special Servicer
and such Master Servicer, as applicable, to the 17g-5 Information Provider for posting to the 17g-5 Information Provider’s
Website for review by NRSROs (including the Rating Agencies) that are Privileged Persons. The applicable Master Servicer shall deliver
or make available a copy of each such report to the Directing Certificateholder and upon request to each Controlling Class Certificateholder
(which request may state that such items may be delivered until further notice) (except, after the occurrence and during the continuance
of a Consultation Termination Event or with respect to any Specially Serviced Loan that is an Excluded Loan as to such party).

(b)              
Each Special Servicer, in the case of any Specially Serviced Loan, and each Master Servicer, in the case of any Non-Specially
Serviced Loan shall make reasonable efforts to collect promptly and review from each related Mortgagor under the Mortgage Loans for which
it acts as Master Servicer or Special Servicer, as applicable, quarterly and annual (or, in the case of Mortgage Loans secured by residential
cooperative properties, annual only) operating statements, financial statements, budgets and rent rolls (or, with respect to residential
cooperative properties, maintenance schedules) of the related Mortgaged Property, and the quarterly and annual financial statements of
such Mortgagor commencing with the calendar quarter ending on September 30, 2022 and the calendar year ending on December 31, 2022, whether
or not delivery of such items is required pursuant to the terms of the related Mortgage Loan documents and any other reports or documents
required to be delivered under the terms of the Mortgage Loans (and each Serviced Companion Loan), if delivery of such items is required
pursuant to the terms of the related Mortgage Loan documents. The applicable Master Servicer and the applicable Special Servicer shall
not be required to request such operating statements or rent rolls (or, with respect to residential cooperative properties, maintenance
schedules) more than once if the related Mortgagor is not required to deliver such statements pursuant to the terms of the Mortgage Loan
documents. In addition, the applicable Special Servicer shall cause quarterly and annual operating statements, budgets and rent rolls
to be regularly prepared in respect of each REO Property and shall collect all such items promptly following their preparation. The applicable
Special Servicer shall deliver all such items to the applicable Master Servicer within five (5) Business Days of receipt, and such Master
Servicer and such Special Servicer, as applicable, shall deliver or make available copies of all the foregoing items so collected to the
Trustee, the Certificate Administrator, the Directing Certificateholder and the Depositor, in electronic format, in each case within sixty
(60) days of its

    	 	-242-	 

    

    

receipt thereof, but in no event, in the case
of annual statements, later than June 30 of each year commencing in 2023. Upon the request of any Privileged Person (other than the
NRSROs) to receive copies of such items, the applicable Master Servicer (with respect to Non-Specially Serviced Loans) or the applicable
Special Servicer (with respect to Specially Serviced Loans and REO Loans) shall deliver or make available electronic copies of such items
to the Certificate Administrator to be posted on the Certificate Administrator’s Website. Upon the request of any NRSRO, the applicable
Master Servicer (with respect to Non-Specially Serviced Loans) or the applicable Special Servicer (with respect to Specially Serviced
Loans and REO Loans) shall deliver or make available copies of all or any portion of the foregoing items so collected thereby to the 17g-5
Information Provider pursuant to Section 3.13(c).

In addition, the applicable
Master Servicer (with respect to Non-Specially Serviced Loans) or the applicable Special Servicer (with respect to Specially Serviced
Loans and REO Properties), as applicable, shall prepare with respect to each Mortgaged Property securing a Serviced Mortgage Loan and
REO Property for which it acts as Master Servicer or Special Servicer, as applicable:

(i)               
Within forty-five (45) days after receipt of a quarterly operating statement, if any, commencing within forty-five (45) days of
receipt of such quarterly operating statement for the quarter ending September 30, 2022, a CREFC® Operating Statement Analysis
Report (but only to the extent the related Mortgagor is required by the related Mortgage Loan documents to deliver and does deliver, or
otherwise agrees to provide and does provide, such information) for such Mortgaged Property or REO Property as of the end of that calendar
quarter and provides sufficient information to report pursuant to CREFC® guidelines, provided, however, that
any analysis or report with respect to the first calendar quarter of each year will not be required to the extent provided in the then-current
applicable CREFC® guidelines (it being understood that as of the Closing Date, the applicable CREFC® guidelines
provide that such analysis or report with respect to the first calendar quarter (in each year) is not required for a Mortgaged Property
or REO Property unless such Mortgaged Property or REO Property is analyzed on a trailing twelve (12) month basis, or if the related Serviced
Mortgage Loan is on the CREFC® Servicer Watch List). The applicable Master Servicer (with respect to Non-Specially Serviced
Loans) or the applicable Special Servicer (with respect to Specially Serviced Loans and REO Properties that do not relate to Non-Serviced
Mortgage Loans), as applicable, shall deliver or make available copies (in electronic format) of each CREFC® Operating
Statement Analysis Report and, upon request, the related operating statements (in each case, promptly following the initial preparation
and each material revision thereof) to the Certificate Administrator, the Directing Certificateholder and the related Companion Holder
(with respect to any Serviced Companion Loan).

(ii)              
Within forty-five (45) days after receipt by the applicable Special Servicer (with respect to Specially Serviced Loans and REO
Properties) or the applicable Master Servicer (with respect to Non-Specially Serviced Loans) of an annual operating statement or rent
rolls (or, with respect to residential cooperative properties, maintenance schedules) (if and to the extent any such information is in
the form of normalized year-end financial statements that have been based on a minimum number of months of operating results as recommended
by CREFC® in the instructions to the CREFC® guidelines) for each calendar

    	 	-243-	 

    

    

year commencing within forty-five (45)
days of receipt of such annual operating statement for the calendar year ending December 31, 2022, a CREFC® NOI Adjustment
Worksheet (but only to the extent the related Mortgagor is required by the related Mortgage Loan documents to deliver and does deliver,
or otherwise agrees to provide and does provide, such information), presenting the computation to “normalize” the full year
net operating income and debt service coverage numbers used by the applicable Master Servicer in preparing the CREFC® Comparative
Financial Status Report. The applicable Master Servicer (with respect to all Serviced Mortgage Loans) or the applicable Special Servicer
(with respect to REO Properties that do not relate to Non-Serviced Mortgage Loans), as applicable, shall deliver or make available copies
(in electronic format) of each CREFC® NOI Adjustment Worksheet and, upon request, the related operating statements or rent rolls (or,
with respect to residential cooperative properties, maintenance schedules) (in each case, promptly following the initial preparation and
each material revision thereof) to the Certificate Administrator, the Directing Certificateholder, the related Companion Holder (with
respect to any Serviced Companion Loan) and, upon request, the 17g-5 Information Provider, and the 17g-5 Information Provider shall post
all such items to the 17g-5 Information Provider’s Website.

(c)              
At or before 2:00 p.m. (New York City time) on each Determination Date, each Special Servicer shall prepare and deliver or
cause to be delivered to the applicable Master Servicer and, prior to the occurrence and continuance of a Consultation Termination Event,
the Directing Certificateholder, the CREFC® Special Servicer Loan File and any applicable CREFC® Loan Liquidation
Reports, CREFC® Loan Modification Reports and CREFC® REO Liquidation Reports with respect to the Specially
Serviced Loans (excluding, for the Directing Certificateholder, any Excluded Loans as to such party) and any REO Properties (other than
a Non-Serviced Mortgaged Property), providing the information required of the applicable Special Servicer in an electronic format,
reasonably acceptable to the applicable Master Servicer as of the Business Day preceding such Determination Date, which CREFC®
Special Servicer Loan File shall include data, to enable the applicable Master Servicer to produce the following supplemental CREFC®
reports: (i) a CREFC® Delinquent Loan Status Report, (ii) a CREFC® Historical Loan Modification/Forbearance
and Corrected Mortgage Loan Report, (iii) a CREFC® REO Status Report, (iv) a CREFC® Comparative
Financial Status Report and (v) a CREFC® NOI Adjustment Worksheet and a CREFC® Operating Statement
Analysis Report, in each case with the supporting financial statements, budgets, operating statements and rent rolls (or, with respect
to residential cooperative properties, maintenance schedules) submitted by the Mortgagor.

(d)              
Not later than 5:00 p.m. (New York City time) on each P&I Advance Date beginning June 2022, each Master Servicer shall
prepare (if and to the extent necessary) and deliver or cause to be delivered in electronic format to the Certificate Administrator the
following reports and data files with respect to the Mortgage Loans for which it acts as Master Servicer: (A) to the extent such
Master Servicer has received the CREFC® Special Servicer Loan File at the time required, the most recent CREFC®
Delinquent Loan Status Report, CREFC® Historical Loan Modification/Forbearance and Corrected Mortgage Loan Report and the
CREFC® REO Status Report, (B) CREFC® Loan Setup File (only with respect to the first Distribution Date),
(C) the most recent CREFC® Property File, and CREFC® Comparative Financial Status Report (in each case
incorporating the data required to be included in the CREFC® Special Servicer Loan File pursuant to Section 3.12(c)
by the applicable Special Servicer and the applicable Master Servicer),

    	 	-244-	 

    

    

(D) a CREFC® Servicer Watch
List with information that is current as of such Determination Date, (E) CREFC® Financial File, (F) CREFC®
Loan Level Reserve/LOC Report, (G) the CREFC® Advance Recovery Report, (H) CREFC® Total Loan Report
and (I) the report on Disclosable Special Servicer Fees delivered pursuant to Section 3.11(e) to the extent received
from the applicable Special Servicer, if any. Additionally, not later than 5:00 p.m. (New York City time) on the P&I Advance
Date beginning June 2022, the applicable Master Servicer shall deliver or cause to be delivered in electronic format to the Certificate
Administrator any applicable CREFC® Loan Liquidation Reports, CREFC® Loan Modification Reports and CREFC®
REO Liquidation Reports received from the applicable Special Servicer. Not later than 2:00 p.m. (New York City time) two (2) Business
Days prior to the Distribution Date beginning June 2022, the applicable Master Servicer shall deliver or cause to be delivered to the
Certificate Administrator via electronic format the CREFC® Loan Periodic Update File and, to the extent received by such
Master Servicer, the CREFC® Appraisal Reduction Template. In no event shall any report described in this subsection be
required to reflect information that has not been collected by or delivered to the applicable Master Servicer, or any payments or collections
not received by the applicable Master Servicer, as of the close of business on the Business Day prior to the Business Day on which the
report is due.

Not later than two (2) Business
Days prior to each P&I Advance Date, the NCB Master Servicer shall deliver to the General Master Servicer an NCB CREFC®
Schedule AL File and any NCB Schedule AL Additional File in both EDGAR-Compatible Format and Excel format; provided, however, that the
NCB Master Servicer shall have no obligation to prepare or deliver such NCB CREFC® Schedule AL File unless the NCB Master
Servicer receives the Initial Schedule AL File from the Depositor pursuant to Section 2.01(j). If the General Master Servicer does not
receive such NCB CREFC® Schedule AL File from the NCB Master Servicer by two (2) Business Days prior to the related P&I
Advance Date, it shall immediately request such NCB CREFC® Schedule AL File from the NCB Master Servicer via email at BANK2022BNK41@ncb.com
and send a copy of such request to the Depositor via email at cmbs_notices@morganstanley.com. In preparing the NCB CREFC®
Schedule AL File and any NCB Schedule AL Additional File for any given Distribution Date, and without any due diligence, investigation
or verification, the NCB Master Servicer shall be entitled to conclusively rely, absent manifest error, on the content, completeness and
accuracy of the Initial Schedule AL File and Annex A-1 to the Prospectus. The NCB CREFC® Schedule AL File and the NCB Schedule
AL Additional File delivered by the NCB Master Servicer shall each be a single file.

Not later than 5:00 p.m.
(New York City time) on each P&I Advance Date beginning June 2022, the General Master Servicer shall deliver to the Certificate Administrator
a CREFC® Schedule AL File and may deliver to the Certificate Administrator a Schedule AL Additional File, each covering
all of the Mortgage Loans (which CREFC® Schedule AL File and Schedule AL Additional File shall include the information
contained in the NCB CREFC® Schedule AL File and any NCB Schedule AL Additional File, respectively, delivered to the General
Master Servicer by the NCB Master Servicer for such Distribution Date pursuant to the immediately preceding paragraph), and each in both
EDGAR-Compatible Format and Excel format; provided, however, that the General Master Servicer shall have no obligation to
prepare or deliver the CREFC® Schedule AL File for any given Distribution Date unless the General Master Servicer receives
the Initial Schedule AL File from the Depositor pursuant to Section 2.01(j) and the NCB CREFC® Schedule AL
File for such Distribution Date pursuant to the immediately

    	 	-245-	 

    

    

preceding paragraph. If the Certificate Administrator
does not receive the CREFC® Schedule AL File from the General Master Servicer by 5:00 p.m. (New York City time) on the
P&I Advance Date, it shall request the CREFC® Schedule AL File from the General Master Servicer via email at ssreports@wellsfargo.com
and send a copy of such request to the Depositor via email at cmbs_notices@morganstanley.com. In preparing the CREFC®
Schedule AL File and any Schedule AL Additional File for any given Distribution Date, and without any due diligence, investigation or
verification, the General Master Servicer shall be entitled to conclusively rely, absent manifest error, on the content, completeness
and accuracy of the Initial Schedule AL File and Annex A-1 to the Prospectus and the NCB CREFC® Schedule AL File and any
NCB Schedule AL Additional File delivered to the General Master Servicer by the NCB Master Servicer for such Distribution Date pursuant
to the immediately preceding paragraph. The CREFC® Schedule AL File and the Schedule AL Additional File delivered by the
General Master Servicer shall each be a single file. The Certificate Administrator shall not be required to combine multiple CREFC®
Schedule AL Files or Schedule AL Additional Files provided or prepared by or on behalf of any applicable Master Servicer. The Certificate
Administrator shall not be required to review, redact, reconcile, edit or verify the content, completeness or accuracy of the information
contained in any CREFC® Schedule AL File or Schedule AL Additional File.

In the absence of manifest
error, each Master Servicer shall be entitled to conclusively rely upon, without investigation or inquiry, any information and reports
delivered to it by any third party, and the Certificate Administrator shall be entitled to conclusively rely upon each Master Servicer’s
reports and each Special Servicer’s reports and any information provided by the Trustee, without any duty or obligation to recompute,
verify or recalculate any of the amounts and other information stated therein.

(e)              
Each Special Servicer shall deliver to the applicable Master Servicer the reports and information required of such Special Servicer
pursuant to Section 3.12(b) and Section 3.12(c), and such Master Servicer shall deliver or make available to the
Certificate Administrator the reports and data files set forth in Section 3.12(d). Such Master Servicer may, absent manifest
error, conclusively rely on the reports and/or data to be provided by the applicable Special Servicer pursuant to Section 3.12(b)
and Section 3.12(c). The Certificate Administrator may, absent manifest error, conclusively rely on the reports and/or data
to be provided by the applicable Master Servicer pursuant to Section 3.12(d). In the case of information or reports to be
furnished by the applicable Master Servicer to the Certificate Administrator pursuant to Section 3.12(d), to the extent that
such information or reports are, in turn, based on information or reports to be provided by the applicable Special Servicer pursuant to
Section 3.12(b) or Section 3.12(c) and to the extent that such reports are to be prepared and delivered by the
applicable Special Servicer pursuant to Section 3.12(b) or Section 3.12(c), the applicable Master Servicer shall
have no obligation to provide such information or reports to the Certificate Administrator until it has received the requisite information
or reports from the applicable Special Servicer, and the applicable Master Servicer shall not be in default hereunder due to a delay in
providing the reports required by Section 3.12(d) caused by the applicable Special Servicer’s failure to timely provide
any information or report required under Section 3.12(b) or Section 3.12(c) of this Agreement.

(f)               
Notwithstanding the foregoing, however, the failure of a Master Servicer or a Special Servicer to disclose any information otherwise
required to be disclosed by this

    	 	-246-	 

    

    

Section 3.12 shall not constitute
a breach of this Section 3.12 to the extent such Master Servicer or such Special Servicer so fails because such disclosure,
in the reasonable belief of such Master Servicer or such Special Servicer, as the case may be, would violate any applicable law or any
provision of a Mortgage Loan document prohibiting disclosure of information with respect to the Mortgage Loans or Mortgaged Properties.
A Master Servicer and a Special Servicer may disclose any such information or any additional information to any Person so long as such
disclosure is consistent with applicable law and the Servicing Standard. A Master Servicer or a Special Servicer may affix to any information
provided by it any disclaimer it deems appropriate in its reasonable discretion (without suggesting liability on the part of any other
party hereto).

(g)              
Unless otherwise specifically stated herein, if a Master Servicer or a Special Servicer is required to deliver or make available
any statement, report or information under any provisions of this Agreement, such Master Servicer or such Special Servicer, as the case
may be, may satisfy such obligation by (x) physically delivering a paper copy of such statement, report or information, (y) delivering
such statement, report or information in a commonly used electronic format or (z) making such statement, report or information available
on such Master Servicer’s website (with respect to items delivered by such Master Servicer (except with respect to items delivered
by such Master Servicer to the Certificate Administrator)) or the Certificate Administrator’s Website, unless this Agreement expressly
specifies a particular method of delivery.

Notwithstanding anything
to the contrary in the foregoing, each Master Servicer and each Special Servicer shall deliver any required statements, reports or other
information to the Certificate Administrator in an electronic format mutually agreeable to the Certificate Administrator and the applicable
Master Servicer or the applicable Special Servicer, as the case may be. The applicable Master Servicer or the applicable Special Servicer
may physically deliver a paper copy of any such statement, report or information as a temporary measure due to system problems, however,
copies in electronic format shall follow upon the correction of such system problems.

Section 3.13       
Access to Certain Information. (a) Each Master Servicer and Special
Servicer shall provide or cause to be provided to the Certificate Administrator, and the Certificate Administrator shall afford access
to any Mortgage Loan Seller and to any Certificateholder that is a federally insured financial institution, the OCC, the FDIC, the Board
of Governors of the Federal Reserve System of the United States of America and the supervisory agents and examiners of such boards and
such corporations, and any other federal or state banking or insurance regulatory authority that may exercise authority over any such
Certificateholder, and to each Holder of a Non-Registered Certificate, access to any documentation or information regarding the Mortgage
Loans (other than any Non-Serviced Mortgage Loan) and, in the case of a Mortgage Loan that is a portion of a Serviced Whole Loan, the
related Companion Loan, and the Trust within its control which may be required by applicable law. At the election of the applicable Master
Servicer, the applicable Special Servicer or the Certificate Administrator, such access may be afforded to such Person identified above
by the delivery of copies of information as requested by such Person and such Master Servicer, such Special Servicer or the Certificate
Administrator shall be permitted to require payment (other than from the Directing Certificateholder and the Trustee and the Certificate
Administrator on its own behalf or on behalf of the Certificateholders, as applicable) of a sum sufficient to cover the reasonable out-of-pocket
costs incurred by it in making such copies.

    	 	-247-	 

    

    

Such access shall (except as described in the
preceding sentence) be afforded without charge but only upon reasonable prior written request and during normal business hours at the
offices of the Certificate Administrator or the Custodian.

The failure of a Master Servicer
or a Special Servicer to provide access as provided in this Section 3.13 as a result of a confidentiality obligation shall
not constitute a breach of this Section 3.13. In connection with providing information pursuant to this Section 3.13,
each applicable Master Servicer and each applicable Special Servicer may each (i) affix a reasonable disclaimer to any information
provided by it for which it is not the original source (without suggesting liability on the part of any other party hereto); (ii) affix
to any information provided by it a reasonable statement regarding securities law restrictions on such information and/or condition access
to information on (x) the execution of a confidentiality agreement substantially in the form of Exhibit X, or (y) execution
of a “click-through” confidentiality agreement if such information is being provided through the applicable Master Servicer’s
or the applicable Special Servicer’s website; (iii) withhold access to confidential information or any intellectual property;
and/or (iv) withhold access to items of information contained in the Servicing File for any Mortgage Loan if the disclosure of such
items is prohibited by applicable law or the provisions of any related Mortgage Loan documents or would constitute a waiver of the attorney-client
privilege. Notwithstanding any provision of this Agreement to the contrary, the failure of a Master Servicer or a Special Servicer to
disclose any information otherwise required to be disclosed by it pursuant to this Agreement shall not constitute a breach of this Agreement
to the extent that such Master Servicer or such Special Servicer, as the case may be, determines, in its reasonable good faith judgment
consistent with the applicable Servicing Standard, that such disclosure would violate applicable law or any provision of a Mortgage Loan
or Companion Loan document prohibiting disclosure of information with respect to the Mortgage Loans or Companion Loans or the Mortgaged
Properties, constitute a waiver of the attorney-client privilege on behalf of the Trust or otherwise materially harm the Trust. Without
limiting the generality of the foregoing, a Master Servicer or a Special Servicer may refrain from disclosing information that it reasonably
determines would prejudice the interest of the Certificateholders with respect to a workout or exercise of remedies as to any particular
Mortgage Loan.

Notwithstanding the limitation
set forth in the next succeeding paragraph, but subject to the last sentence of the immediately preceding paragraph, upon the reasonable
request of any Certificateholder (or with respect to any AB Subordinate Companion Loan related to a Serviced AB Whole Loan, the holder
of such AB Subordinate Companion Loan) that has delivered an Investor Certification to the applicable Master Servicer or the applicable
Special Servicer, as the case may be, the applicable Master Servicer (with respect to Non-Specially Serviced Loans) or the applicable
Special Servicer (with respect to Specially Serviced Loans), as applicable, may provide (or make available electronically) or make available
at the expense of such Certificateholder or holder of such AB Subordinate Companion Loan, as applicable, copies of any appraisals, operating
statements, rent rolls (or, with respect to residential cooperative properties, maintenance schedules) and financial statements (in each
case, solely relating to the related Serviced Whole Loan or Serviced AB Whole Loan, if requested by the holder of an AB Subordinate Companion
Loan, as the case may be) obtained by the applicable Master Servicer or the applicable Special Servicer, as the case may be; provided
that, in connection with such request, such Master Servicer or such Special Servicer, as applicable, may require a written confirmation
executed by the requesting Person substantially in such form as may be reasonably acceptable to

    	 	-248-	 

    

    

such Master Servicer or such Special Servicer,
as applicable, generally to the effect that such Person will keep such information confidential and shall use such information only for
the purpose of analyzing asset performance and evaluating any continuing rights the Certificateholder or holder of such AB Subordinate
Companion Loan, as applicable, may have under this Agreement.

Notwithstanding anything
to the contrary herein (other than as permitted in the preceding paragraph with respect to any Certificateholder or as specifically provided
for herein with respect to the Directing Certificateholder), unless required by applicable law or court order, no Certificateholder (except,
with respect to a Mortgage Loan Seller, to the extent necessary for such party to comply with its obligations under the related Mortgage
Loan Purchase Agreement, and except for each applicable Master Servicer and the Certificate Administrator, acting in such capacities)
or beneficial owner shall be given access to, or be provided copies of, the Mortgage Files or Diligence Files.

(b)                The
Certificate Administrator shall make available to Privileged Persons (provided that the Prospectus, Distribution Date Statements,
Mortgage Loan Purchase Agreements, this Agreement and the Commission EDGAR filings referred to below will be available to the general
public) via the Certificate Administrator’s Website, the following items, in each case, to the extent such items were prepared
by or delivered to the Certificate Administrator in electronic format:

(i)                 
The following documents, which will initially be made available under a tab or heading designated “deal documents”:

(A)            
the Prospectus and any other disclosure document relating to the Registered Certificates, in the form most recently provided to
the Certificate Administrator by the Depositor or by any Person designated by the Depositor;

(B)             
this Agreement and any amendments and exhibits hereto;

(C)               any
Sub-Servicing Agreements delivered to the Certificate Administrator on or after the Closing Date;

(D)             
the Mortgage Loan Purchase Agreements and any amendments and exhibits thereto; and

(E)             
the CREFC® Loan Setup File provided by the applicable Master Servicer to the Certificate Administrator;

(ii)              
the following documents, which will initially be made available under a tab or heading designated “SEC EDGAR filings”;

(A)            
any reports on Forms 10-D, ABS-EE, 10-K and 8-K that have been filed by the Certificate Administrator with respect
to the Trust through the EDGAR system;

(iii)                 
The following documents, which will initially be made available under a tab or heading designated “periodic reports”:

    	 	-249-	 

    

    

(A)               all
Distribution Date Statements prepared by the Certificate Administrator pursuant to Section 4.02;

(B)                the
CREFC® Loan Periodic Update File, the CREFC® Bond Level File, the CREFC® Collateral Summary
File, the CREFC® Property File, the CREFC® Financial File, each of the “surveillance reports”
identified as such in the definition of “CREFC® Investor Reporting Package” (including, without limitation,
the CREFC® Operating Statement Analysis Report and the CREFC® NOI Adjustment Worksheets), the CREFC®
Advance Recovery Report to the extent delivered by the applicable Master Servicer pursuant to this Agreement from time to time;
and

(C)                all
Operating Advisor Annual Reports provided by the Operating Advisor to the Certificate Administrator;

(iv)                 
The following documents, which will initially be made available under a tab or heading designated “additional documents”:

(A)               summaries
of Final Asset Status Reports or, if an AB Control Appraisal Period is not in effect, summaries of Asset Status Reports approved by the
holder of the related Companion Loan, and related information delivered to the Certificate Administrator pursuant to Section 3.19(d);

(B)                all
property inspection reports and environmental reports delivered to the Certificate Administrator pursuant to Section 3.12(a);

(C)             
any Appraisals delivered to the Certificate Administrator pursuant to Section 3.19; and

(D)             
CREFC® Appraisal Reduction Template;

(v)              
The following documents, which will initially be made available under a tab or heading designated “special notices”:

(A)            
any notice with respect to a release pursuant to Section 3.09(d);

(B)                any
notice regarding a waiver, modification or amendment of the terms of any Mortgage Loan pursuant to Section 3.18(g);

(C)                any
notice of final payment on the Certificates delivered to the Certificate Administrator pursuant to Section 4.01(h);

(D)            
any notice of the occurrence of any Servicer Termination Event or termination of a Master Servicer or a Special Servicer delivered
pursuant to Section 7.01;

    	 	-250-	 

    

    

(E)             
 any notice of the Certificate Administrator’s determination that an Asset Review Trigger has occurred and any other notice
required to be delivered to the Certificateholders pursuant to Section 12.01;

(F)              
any Asset Review Report Summary received by the Certificate Administrator;

(G)              
any notice of the termination of the Sub-Servicer delivered pursuant to Section 3.20(g);

(H)            
any notice of resignation of the Trustee or the Certificate Administrator, and any notice of the acceptance of appointment by the
successor trustee or the successor certificate administrator pursuant to Section 8.07 or Section 8.08;

(I)               
any Officer’s Certificate supporting any determination that any Advance was (or, if made, would be) a Nonrecoverable Advance;

(J)                 any
notice of resignation or termination of a Master Servicer or a Special Servicer pursuant to Section 7.03;

(K)             
any notice of termination pursuant to Section 9.01;

(L)                 any
notice of resignation or termination of the Operating Advisor or the Asset Representations Reviewer and any notice of the acceptance
of appointment by the successor operating advisor or the successor asset representations reviewer pursuant to Section 3.26
or Section 12.03, respectively;

(M)              any
notice of any request by requisite percentage of Certificateholders for a vote to terminate a Special Servicer pursuant to Section 7.01(d),
the Operating Advisor pursuant to Section 3.26(j) or the Asset Representations Reviewer pursuant to Section 12.05(b);

(N)                any
notice of recommendation of termination of a Special Servicer by the Operating Advisor and the related report prepared by the Operating
Advisor in connection with such recommendation;

(O)                any
notice that a Control Termination Event has occurred or is terminated or that a Consultation Termination Event has occurred or is terminated;

(P)             
any notice of the occurrence of an Operating Advisor Termination Event;

(Q)            
any notice of the occurrence of an Asset Representations Reviewer Termination Event;

(R)             
any assessments of compliance delivered to the Certificate Administrator;

    	 	-251-	 

    

    

(S)             
 any attestation reports delivered to the Certificate Administrator;

(T)                any
“special notices” required by a Certificateholder to be posted on the Certificate Administrator’s website pursuant
to Section 5.06;

(U)            
any notice or documents provided to the Certificate Administrator by the Depositor or a Master Servicer directing the Certificate
Administrator to post to the “special notices” tab; and

(V)              
any Proposed Course of Action Notice;

(vi)                the
“Investor Q&A Forum” pursuant to Section 4.07(a);

(vii)               solely
to Certificateholders and Certificate Owners that are Privileged Persons, the “Investor Registry” pursuant to Section 4.07(b);
and

(viii)             the
“U.S. Risk Retention Special Notices” tab, which shall contain any notices provided by the Retaining Sponsor relating to
ongoing compliance by each Retaining Party with the Risk Retention Rules;

provided, that with
respect to a Control Termination Event or Consultation Termination Event that is deemed to exist due solely to the existence of an Excluded
Loan, the Certificate Administrator will only be required to provide notice of the occurrence and continuance of such event if it has
been notified of or has knowledge of the existence of such Excluded Loan.

The Certificate Administrator
shall post on the Certificate Administrator’s Website the items and reports identified in clauses (iii)(A) and (B)
above on each Distribution Date. In addition, if the Depositor so directs the Certificate Administrator, and on terms acceptable to the
Certificate Administrator, the Certificate Administrator shall make certain other information and reports related to the Mortgage Loans
available through its Internet website.

The Certificate Administrator
shall, in addition to posting the applicable notices on the “U.S. Risk Retention Special Notices” tab described in clause (viii)
above, provide email notification to any Privileged Person (other than the financial market information providers listed in Section 3.13(e))
that has registered to receive access to the Certificate Administrator’s Website that a notice has been posted to the “U.S.
Risk Retention Special Notices” tab.

Notwithstanding the foregoing,
all Excluded Information shall be made available under a separate tab or heading designated “Excluded Information” on the
Certificate Administrator’s Website (and not under any of the tabs or headings described in items (i) through (viii)
above) and made available to Privileged Persons other than any Excluded Controlling Class Holder that is a Borrower Party (unless a loan-by-loan
segregation is later performed by the Certificate Administrator in which case such access shall only be prohibited with respect to the
related Excluded Controlling Class Loan(s)).

Any Person that is a Borrower
Party shall only be entitled to access (a) the Distribution Date Statements, and the following items made available to the general
public: the Prospectus, this Agreement, the Mortgage Loan Purchase Agreements and the Commission filings

    	 	-252-	 

    

    

on the Certificate Administrator’s
Website, and (b) in the case of the Directing Certificateholder or a Controlling Class Certificateholder, if any such Person becomes
an Excluded Controlling Class Holder, upon delivery to the applicable Master Servicer, the applicable Special Servicer, the Operating
Advisor, the Certificate Administrator and the Trustee in physical form (or, solely with respect to the applicable Master Servicer, in
electronic form) of an investor certification substantially in the form of Exhibit P-1D and upon delivery to the Certificate
Administrator in physical form of an investor certification substantially in the form of Exhibit P-1F, which shall
include each of the CTSLink User ID associated with such Excluded Controlling Class Holder, all information (other than the Excluded
Information with respect to any Excluded Controlling Class Loans (unless a loan-by-loan segregation is later performed by the Certificate
Administrator in which case such access shall only be prohibited with respect to the related Excluded Controlling Class Loans)) available
on the Certificate Administrator’s Website.

In the case of the Directing
Certificateholder or a Controlling Class Certificateholder that is not an Excluded Controlling Class Holder, upon delivery of an investor
certification substantially in the form of Exhibit P-1B hereto, the Directing Certificateholder or Controlling Class Certificateholder
shall be entitled to access all information on the Certificate Administrator’s Website. Each applicable Master Servicer, each applicable
Special Servicer, the Operating Advisor, the Certificate Administrator and the Trustee may each rely on (i) an investor certification
in the form of Exhibit P-1B hereto from the Directing Certificateholder or a Controlling Class Certificateholder to the effect
that such Person is not an Excluded Controlling Class Holder and (ii) an investor certification in the form of Exhibit P-1D
in physical form (or, solely with respect to the applicable Master Servicer, in electronic form) from the Directing Certificateholder
or a Controlling Class Certificateholder to the effect that such Person is an Excluded Controlling Class Holder with respect to one or
more Excluded Controlling Class Loan(s). In the event the Directing Certificateholder or a Controlling Class Certificateholder becomes
an Excluded Controlling Class Holder, such party shall promptly notify each of the applicable Master Servicer, the applicable Special
Servicer, the Operating Advisor, the Certificate Administrator and the Trustee in writing substantially in the form of Exhibit P-1E
that such party has become an Excluded Controlling Class Holder with respect to the Excluded Controlling Class Loan(s) listed in such
notice and shall also provide the Certificate Administrator a notice substantially in the form of Exhibit P-1F listing each
of the CTSLink User ID associated with such Excluded Controlling Class Holder and directing the Certificate Administrator to restrict
such Excluded Controlling Class Holder’s access to the Certificate Administrator’s Website as and to the extent provided in
this Agreement. Upon confirmation from the Certificate Administrator that such access has been restricted, such Excluded Controlling Class
Holder shall submit a new investor certification substantially in the form of Exhibit P-1D in physical form (or, solely with
respect to the applicable Master Servicer, in electronic form) to access the information on the Certificate Administrator’s Website,
except that such Excluded Controlling Class Holder shall not be entitled to access any Excluded Information related to any Excluded Controlling
Class Loan(s) (unless a loan-by-loan segregation is later performed by the Certificate Administrator in which case such access shall only
be prohibited with respect to the related Excluded Controlling Class Loan(s)) made available on the Certificate Administrator’s
Website. With respect to any Excluded Information sent for posting on the Certificate Administrator’s Website, each of the applicable
Master Servicer, the applicable Special Servicer and the Operating Advisor shall mark or label such information as “Excluded Information”
prior to delivery to the Certificate Administrator, and the Certificate Administrator shall segregate on the Certificate Administrator’s
Website such

    	 	-253-	 

     

    

Excluded Information (and, if possible at a
later time, on loan-by-loan basis) from information relating to other Mortgage Loans or Whole Loans, as applicable.

Notwithstanding anything
herein to the contrary, each applicable Master Servicer, each applicable Special Servicer, the Operating Advisor and the Certificate Administrator
shall be entitled to conclusively assume that the Directing Certificateholder and all beneficial owners of the Certificates of the Controlling
Class are not Excluded Controlling Class Holders except to the extent that the applicable Master Servicer, the applicable Special Servicer,
the Operating Advisor or the Certificate Administrator, as the case may be, has received a notice substantially in the form of Exhibit P-1E
from the Directing Certificateholder or a Controlling Class Certificateholder that it has become an Excluded Controlling Class Holder.
Each applicable Master Servicer, each applicable Special Servicer, the Operating Advisor and the Certificate Administrator shall not be
liable for any communication to the Directing Certificateholder or a Controlling Class Certificateholder that is an Excluded Controlling
Class Holder or disclosure of any information relating to an Excluded Controlling Class Loan (including any related Excluded Information
delivered to the Certificate Administrator for posting to the Certificate Administrator’s Website) if the applicable Master Servicer,
the applicable Special Servicer, the Operating Advisor or the Certificate Administrator, as the case may be, did not receive prior written
notice that the related Mortgage Loan is an Excluded Controlling Class Loan and/or, with respect to any related Excluded Information posted
on the Certificate Administrator’s Website, such information was not delivered to the Certificate Administrator in accordance with
Section 3.33.

Each applicable Master Servicer,
each applicable Special Servicer, the Operating Advisor and the Certificate Administrator shall be entitled to conclusively rely on delivery
from the Directing Certificateholder or a Controlling Class Certificateholder of an investor certification substantially in the form of
Exhibit P-1B that it is not or is no longer an Excluded Controlling Class Holder. To the extent the Directing Certificateholder
or a Controlling Class Certificateholder receives access pursuant to this Agreement to any Excluded Information on the Certificate Administrator’s
Website or otherwise receives access to such Excluded Information, the Directing Certificateholder or Controlling Class Certificateholder
shall be deemed to have agreed that it (i) will not directly or indirectly provide any such Excluded Information to (A) the
related Borrower Party, (B) any related Excluded Controlling Class Holder, (C) any employees or personnel of the Directing Certificateholder
or Controlling Class Certificateholder or any of its Affiliates involved in the management of any investment in the related Borrower Party
or the related Mortgaged Property or (D) to its actual knowledge, any non-Affiliate that holds a direct or indirect ownership interest
in the related Borrower Party, and (ii) will maintain sufficient internal controls and appropriate policies and procedures in place
in order to comply with the obligations described in clause (i) above.

To the extent the Risk Retention
Consultation Party or a Holder of an RR Interest receives access pursuant to this Agreement to any information solely related to a Mortgage
Loan with respect to which such party is a Borrower Party (which shall include any Asset Status Reports, Final Asset Status Reports (or
summaries thereof), inspection reports related to Specially Serviced Loans conducted by a Special Servicer or any Excluded Special Servicer
and which may include any Operating Advisor reports delivered to the Certificate Administrator regarding such Special Servicer’s
net present value determination or any Appraisal Reduction Amount calculations delivered pursuant to Section 3.26(d) and Section 3.26(e),
and any Officer’s Certificates delivered

    	 	-254-	 

     

    

by the Trustee, a Master Servicer or a Special
Servicer, supporting any determination that any Advance was (or, if made, would be) a Nonrecoverable Advance, but in each case other than
information with respect to such Mortgage Loan that is aggregated with information of other Mortgage Loans at a pool level), on the Certificate
Administrator’s Website or otherwise receives access to such information, such Risk Retention Consultation Party or Holder of an
RR Interest shall be deemed to have agreed that it (i) will not directly or indirectly provide any such information to (A) the
related Borrower Party, (B) any employees or personnel of such Risk Retention Consultation Party or Holder of an RR Interest or any
of its Affiliates involved in the management of any investment in the related Borrower Party or the related Mortgaged Property or (C) to
its actual knowledge, any non-Affiliate that holds a direct or indirect ownership interest in the related Borrower Party, and (ii) will
maintain sufficient internal controls and appropriate policies and procedures in place in order to comply with the obligations described
in clause (i) above. For the avoidance of doubt, any file or report contained in the CREFC® Investor Reporting
Package (CREFC® IRP) (other than the CREFC® Special Servicer Loan File relating to any such Excluded Loan)
shall be considered information that is aggregated with information of other Mortgage Loans at a pool level. For avoidance of doubt, the
covenants and restrictions in this paragraph are not applicable to Wells Fargo Bank, National Association, acting in its capacity as Master
Servicer or as Certificate Administrator.

The Certificate Administrator
makes no representation or warranty as to the accuracy or completeness of any report, document or other information made available on
its Internet website and assumes no responsibility therefor, other than with respect to such reports, documents or other information prepared
by the Certificate Administrator. In addition, the Certificate Administrator may disclaim responsibility for any information distributed
by it for which it is not the original source. Notwithstanding anything herein to the contrary, the Certificate Administrator shall not
be liable for any disclosure of information relating to any Excluded Controlling Class Loan to the extent such information was included
in any Asset Status Report or Final Asset Status Report inadvertently delivered to the Certificate Administrator for posting to the Certificate
Administrator’s Website and not properly identified as relating to any Excluded Controlling Class Loan.

In connection with providing
access to the Certificate Administrator’s Website (other than with respect to access provided to the general public in accordance
with Section 3.13(b)), the Certificate Administrator may require registration and the acceptance of a disclaimer. The Certificate
Administrator shall not be liable for the dissemination of information in accordance herewith. Questions regarding the Certificate Administrator’s
Website can be directed to the Certificate Administrator’s CMBS customer service desk at (866) 846-4526.

(c)              
The 17g-5 Information Provider shall make available solely to the Depositor and the NRSROs the following items to the extent
such items are delivered to it (in the form of an electronic document suitable for posting) via electronic mail at 17g5informationprovider@wellsfargo.com,
specifically with a subject reference of “BANK 2022-BNK41” and an identification of the type of information being provided
in the body of such electronic mail; or via any alternative electronic mail address following notice to the parties hereto or any other
delivery method established or approved by the 17g-5 Information Provider if or as may be necessary or beneficial:

    	 	-255-	 

     

    

(i)        
          any notices of waivers under Section 3.08(d);

(ii)                  any
Asset Status Report delivered by the applicable Special Servicer under Section 3.19(d);

(iii)              any
notice of final payment on the Certificates;

(iv)             any
environmental reports delivered by the applicable Special Servicer under Section 3.09(c);

(v)                 any
Appraisals delivered to the 17g-5 Information Provider pursuant to Section 3.19;

(vi)            any
annual statements as to compliance and related Officer’s Certificates delivered under Section 11.09 or 11.10;

(vii)           any
annual independent public accountants’ attestation reports delivered pursuant to Section 11.11;

(viii)        any
notice to the Rating Agencies relating to the applicable Special Servicer’s determination to take action without receiving Rating
Agency Confirmation from any Rating Agency as set forth in Section 3.25(a);

(ix)                copies
of requests or questions that were submitted by the Rating Agencies relating to a request for Rating Agency Confirmation;

(x)                    any
requests for Rating Agency Confirmation that are delivered to the 17g-5 Information Provider pursuant to Section 3.25(a);

(xi)                 any
notice of resignation of the Trustee or the Certificate Administrator and any notice of the acceptance of appointment by the successor
trustee or the successor certificate administrator pursuant to Section 8.07 or Section 8.08;

(xii)              any
Officer’s Certificate supporting any determination that any Advance was (or, if made, would be) a Nonrecoverable Advance;

(xiii)         any
notice of a Servicer Termination Event or termination of a Master Servicer or a Special Servicer delivered pursuant to Section 7.01;

(xiv)        any
notice of the merger or consolidation of the Certificate Administrator or the Trustee pursuant to Section 8.09;

(xv)             any
notice of any amendment that modifies the procedures herein relating to Rule 17g-5 of the Exchange Act pursuant to Section 13.01(a)(ix);

(xvi)         any
Operating Advisor Annual Report pursuant to Section 3.26;

(xvii)        any
summary of oral communication with the Rating Agencies or any written question or request from the Rating Agencies directed toward the
applicable Master

    	 	-256-	 

     

    

Servicer, the applicable Special Servicer,
the Certificate Administrator or the Trustee regarding any of the information delivered to the 17g-5 Information Provider pursuant
to this Section 3.13(c) or regarding any request for a Rating Agency Confirmation or regarding any of the Mortgage Loan documents
or any matter related to the Certificates, Mortgage Loans, any related Companion Loan, the related Mortgaged Properties, the related Mortgagors
or any other matters related to this Agreement or any applicable Intercreditor Agreement; provided that the summary of such oral
communication shall not identify the Rating Agency with whom the communication was held pursuant to Section 3.13(g);

(xviii)   
any other information delivered to the 17g-5 Information Provider pursuant to this Agreement including, without limitation,
Section 2.03(b), Section 3.07(a), Section 3.12, Section 3.17, Section 3.18(g);
Section 11.09 or Section 11.10; and

(xix)       
any other information delivered to the Rating Agencies pursuant to this Agreement including, without limitation, Section 13.10.

The foregoing information
shall be made available by the 17g-5 Information Provider on the 17g-5 Information Provider’s Website. Information will
be posted on the same Business Day of receipt unless such information is received after 2:00 p.m., New York City time, on
such Business Day, in which case, it shall be posted by 12:00 p.m., New York City time, on the next Business Day; provided,
however, that any information delivered pursuant to Section 3.13(d) shall be posted in accordance with Section 3.13(d).
The 17g-5 Information Provider shall have no obligation or duty to verify, confirm or otherwise determine whether the information
being delivered is accurate, complete, conforms to the transaction, or otherwise is or is not anything other than what it purports to
be. In the event that any information is delivered or posted in error, each of the Certificate Administrator and the 17g-5 Information
Provider may remove such information from the 17g-5 Information Provider’s Website. The Certificate Administrator and the 17g-5
Information Provider have not obtained and shall not be deemed to have obtained actual knowledge of any information merely by posting
such information to the Certificate Administrator’s Website or the 17g-5 Information Provider’s Website or merely by filing
such information pursuant to this Agreement via EDGAR or otherwise to the extent such information was not produced by the Certificate
Administrator or the 17g-5 Information Provider, as applicable. Access will be provided by the 17g-5 Information Provider to the
NRSROs upon receipt of an NRSRO Certification in the form of Exhibit P-2 hereto (which certification may be submitted
electronically via the 17g-5 Information Provider’s Website). Questions regarding delivery of information to the 17g-5 Information
Provider may be directed to (866) 846-4526 or 17g5informationprovider@wellsfargo.com (specifically referencing “BANK
2022-BNK41” in the subject line).

Upon delivery by the Depositor
to the 17g-5 Information Provider of information designated by the Depositor as pre-closing information from the Depositor’s 17g-5
Website (the “Pre-Close Information”), the 17g-5 Information Provider shall make such information available only to
the Depositor and to NRSROs via the 17g-5 Information Provider’s Website pursuant to this Section 3.13(c). Such information
shall be provided to the 17g-5 Information Provider via electronic media and delivered to the 17g-5 Information Provider as mutually agreed.
The Depositor shall not be entitled to direct the 17g-5 Information Provider to provide access to the

    	 	-257-	 

     

    

Pre-Close Information or any other information
on the 17g-5 Information Provider’s Website to any designee or third party.

Upon request of the Depositor
or the Rating Agencies, the 17g-5 Information Provider shall post on the 17g-5 Information Provider’s Website any additional
information requested by the Depositor or the Rating Agencies to the extent such information is delivered to the 17g-5 Information
Provider electronically in accordance with this Section 3.13. In no event shall the 17g-5 Information Provider disclose
on the 17g-5 Information Provider’s Website the Rating Agency that requested such additional information.

The 17g-5 Information Provider
shall notify any party that delivers any information, report, notice or document to the 17g-5 Information Provider under this Agreement
that such information, report, notice or document was received and that it has been posted. Each applicable Master Servicer and each applicable
Special Servicer may, but shall not be obligated to send such information, report, notice or document to the applicable Rating Agency
so long as such information, report, notice or document (i) was previously provided to the 17g-5 Information Provider or (ii) is simultaneously
provided, by 2:00 p.m. (New York City time) on any Business Day, to the 17g-5 Information Provider. The 17g-5 Information Provider shall
notify each Person that has signed-up for access to the 17g-5 Information Provider’s Website in respect of the transaction governed
by this Agreement each time an additional document is posted to the 17g-5 Information Provider’s Website and such notice shall specifically
identify such document in the subject line or otherwise in the body of the email notice. The 17g-5 Information Provider shall send such
notice to such Person’s email address provided by and used by such Person for the purpose of accessing the 17g-5 Information Provider’s
Website, including a general email address if such general email address has been provided to the 17g-5 Information Provider in connection
with a completed NRSRO Certification in the form of Exhibit P-2 hereto.

Any information required
to be delivered or made available to the 17g-5 Information Provider by any party under this Agreement shall be delivered to it via
electronic mail at 17g5informationprovider@wellsfargo.com, specifically with a subject reference of “BANK 2022-BNK41”
and an identification of the type of information being provided in the body of such electronic mail, or via any alternative electronic
mail address following notice to the parties hereto or any other delivery method established or approved by the 17g-5 Information
Provider.

(d)           
The applicable Master Servicer or the applicable Special Servicer, as applicable, may, but shall not be obligated to, provide bulk
information that relates to two or more transactions to the 17g-5 Information Provider. Any such information shall be posted by the 17g-5
Information Provider and the 17g-5 Information Provider may, but shall not be obligated to post such information in accordance with the
timeframe provided in Section 3.13(c) above, provided, however, that if the 17g-5 Information Provider is not
able to post such information in accordance with the timeframe in Section 3.13(c), then it shall post such information within
a reasonable time.

(e)            
Certain information concerning the Mortgage Loans and the Certificates (including the Distribution Date Statements, CREFC®
reports and supplemental notices with respect to such Distribution Date Statements and CREFC® reports) shall be
provided by the Certificate Administrator at the direction of the Depositor to third parties (including Bloomberg, L.P., Trepp, LLC,
Intex Solutions, Inc., Interactive Data Corp., Markit Group Limited, BlackRock

    	 	-258-	 

     

    

Financial Management, Inc., CMBS.com, Inc.,
Moody’s Analytics, Morningstar Credit Information & Analytics, LLC, RealInsight, Thomson Reuters Corporation, KBRA Analytics,
LLC and DealView Technologies Ltd.) with the consent of the Depositor, and providing such information shall not constitute a breach of
this Agreement by the Certificate Administrator. Such information will be made available to such third parties upon receipt of a certificate
in the form of Exhibit P-3 hereto, which certification may be submitted electronically via the Certificate Administrator’s
Website.

(f)             
Each Master Servicer and each Special Servicer may, in accordance with such reasonable rules and procedures as it may adopt, also
deliver, produce or otherwise make available through its website or otherwise, any additional information relating to the Mortgage Loans
(other than any Non-Serviced Mortgage Loan), any related Serviced Companion Loan, the Mortgaged Properties (other than any Non-Serviced
Mortgaged Property), or the related Mortgagors, for review by the Depositor, the Underwriters and any other Persons who deliver an Investor
Certification in accordance with this Section 3.13 and the Rating Agencies (collectively, the “Disclosure Parties”)
(in the case of deliveries to a Rating Agency, only to the extent such additional information is simultaneously delivered to the 17g-5
Information Provider for posting on the 17g-5 Information Provider’s Website in accordance with the provisions of Section 3.13(c)),
in each case, except to the extent doing so is prohibited by this Agreement (including without limitation, any prohibitions on dissemination
of any confidential information, including, without limitation, any Privileged Information), applicable law or by the related Mortgage
Loan documents. Each Master Servicer and each Special Servicer shall be entitled to (i) indicate the source of such information and
affix thereto any disclaimer it deems appropriate in its discretion and/or (ii) require that the recipient of such information (A) except
for the Depositor and the Rating Agencies, enter into (x) an Investor Certification, (y) a confidentiality agreement substantially
in the form of Exhibit X or (z) a “click-through” confidentiality agreement if such information is being
provided through the applicable Master Servicer’s or Special Servicer’s website, and (B) acknowledge that such Master
Servicer or such Special Servicer may contemporaneously provide such information to any other Disclosure Party. In addition, to the extent
access to such information is provided via the applicable Master Servicer’s or Special Servicer’s website, such Master Servicer
or Special Servicer may require registration and the acceptance of a reasonable and customary disclaimer and/or an additional or alternative
agreement as to the confidential nature of such information. In connection with providing access to or copies of the information described
in this Section 3.13(f) to current or prospective Certificateholders, the form of confidentiality agreement used by the applicable
Master Servicer or the applicable Special Servicer, as applicable, shall be: (i) in the case of a Certificateholder, an Investor
Certification executed by the requesting Person indicating that such Person is a Holder of Certificates and will keep such information
confidential (except that such Certificateholder may provide such information (x) to its auditors, legal counsel and regulators and
(y) to any other Person that holds or is contemplating the purchase of any Certificate or interest therein (provided that
such other Person confirms in writing such ownership interest or prospective ownership interest and agrees to keep such information confidential));
and (ii) in the case of a prospective purchaser of Certificates or interests therein or an investment advisor related thereto, an
Investor Certification indicating that such Person is a prospective purchaser of a Certificate or an interest therein or an investment
advisor related thereto and is requesting the information for use in evaluating a possible investment in Certificates and will otherwise
keep such information confidential with no further dissemination (except that such Certificateholder may provide such information to its
auditors,

    	 	-259-	 

     

    

legal counsel and regulators). In the case
of a licensed or registered investment advisor acting on behalf of a current or prospective Certificateholder, the Investor Certification
shall be executed and delivered by both the investment advisor and such current or prospective Certificateholder.

No Master Servicer or Special
Servicer shall be liable for its dissemination of information in accordance with this Agreement or by others in violation of the terms
of this Agreement. No Master Servicer or Special Servicer shall be responsible or have any liability for the completeness or accuracy
of the information delivered, produced or otherwise made available pursuant to this Section 3.13 unless such information was
produced by the applicable Master Servicer or the applicable Special Servicer, as the case may be.

(g)           
Each applicable Master Servicer, each applicable Special Servicer, the Certificate Administrator and the Trustee shall be permitted
(but not obligated) to orally communicate with the Rating Agencies regarding any of the Mortgage Loan documents and any other matter
related to the Mortgage Loans, the related Mortgaged Properties, the related Mortgagors or any other matters relating to this Agreement
or related Intercreditor Agreement; provided that such party summarizes the information provided to the Rating Agencies in such
communication in writing and provides the 17g-5 Information Provider with such written summary in accordance with the procedures
set forth in Section 3.13(c) the same day such communication takes place; provided, further that the summary
of such oral communications shall not identify which Rating Agency the communication was with. The 17g-5 Information Provider shall
post such written summary on the 17g-5 Information Provider’s Website in accordance with the procedures set forth in Section 3.13(c).

(h)                     Each
applicable Special Servicer, subject to the limitations on delivery of Privileged Communications, shall deliver to the Operating Advisor
such reports and other information produced or otherwise available to the Directing Certificateholder or the Risk Retention Consultation
Party (in each case, other than, prior to the occurrence and continuance of a Control Termination Event, any Asset Status Reports that
are not Final Asset Status Reports), or Certificateholders generally, requested by the Operating Advisor in support of the performance
of its obligations under this Agreement in electronic format.

(i)             
None of the foregoing restrictions in this Section 3.13 or otherwise in this Agreement shall prohibit or restrict
oral or written communications, or providing information, between the applicable Master Servicer, the Operating Advisor, the Asset Representations
Reviewer or the applicable Special Servicer, on the one hand, and any Rating Agency or NRSRO, on the other hand, with regard to (i) such
Rating Agency’s or NRSRO’s review of the ratings it assigns to the applicable Master Servicer, the Operating Advisor, the
Asset Representations Reviewer or the applicable Special Servicer, as the case may be, (ii) such Rating Agency’s or NRSRO’s
approval of the applicable Master Servicer, the Operating Advisor, the Asset Representations Reviewer or the applicable Special Servicer,
as applicable, as a commercial mortgage master, special or primary servicer, or (iii) such Rating Agency’s or NRSRO’s
evaluation of the applicable Master Servicer’s, the Operating Advisor, the Asset Representations Reviewer’s or the applicable
Special Servicer’s, as the case may be, servicing operations in general; provided that such Master Servicer, the Operating
Advisor, the Asset Representations Reviewer or such Special Servicer, as applicable, shall not provide any information relating to the
Certificates or the Mortgage Loans, to any Rating Agency or NRSRO in connection with such

    	 	-260-	 

     

    

review and evaluation by such Rating Agency
or NRSRO unless (x) Mortgagor, property and other deal specific identifiers are redacted; (y) such information has already been
provided to the 17g-5 Information Provider and has been uploaded on to the 17g-5 Information Provider’s Website or (z) the
Rating Agency confirms that it does not intend to use such information in undertaking credit rating surveillance with respect to the Certificates;
provided, however, that the Rating Agencies may use information delivered under this clause (z) for any purpose
to the extent it is publicly available (unless the availability results from a breach of this Agreement) or comprised of information collected
by the applicable Rating Agency from the 17g-5 Information Provider’s Website (or another 17g-5 information provider’s website
that they have access to) other than pursuant to this Section 3.13(i).

(j)            
The costs and expenses of compliance with this Section 3.13 by the Depositor, each applicable Master Servicer, each
applicable Special Servicer, the Certificate Administrator, the Trustee, the Operating Advisor, the Asset Representations Reviewer and
any other party hereto shall not be additional expenses of the Trust, but shall be borne by the applicable party hereto.

Section 3.14       
Title to REO Property; REO Account. (a) If title to any Mortgaged
Property is acquired (directly or through a single member limited liability company established for that purpose) and thus becomes REO
Property, the deed or certificate of sale shall be issued in the name of the Trust where permitted by applicable law or regulation and
consistent with customary servicing procedures, and otherwise, in the name of the Trustee or its nominee on behalf of the Certificateholders
and, if applicable, on behalf of the related Companion Holders, in the case of a Serviced Companion Loan. REO Property with respect to
a Non-Serviced Mortgage Loan is excluded for all purposes of this Section 3.14. Each Special Servicer, on behalf of the
Trust and, if applicable, the related Serviced Companion Noteholder, shall sell any REO Property prior to the close of the third calendar
year following the year in which the Trust acquires ownership of such REO Property, within the meaning of Treasury Regulations Section 1.856-6(b)(1),
for purposes of Section 860G(a)(8) of the Code, unless such Special Servicer either (i) applies for a qualifying extension of
time no later than sixty (60) days prior to the close of the third calendar year in which it acquired ownership (or the period provided
in the then-applicable REMIC Provisions) and such extension is granted or is not denied (an “REO Extension”) by the
Internal Revenue Service to sell such REO Property or (ii) obtains for the Trustee and the Certificate Administrator an Opinion of
Counsel, addressed to the Trustee and the Certificate Administrator, to the effect that the holding by the Trust of such REO Property
subsequent to the close of the third calendar year following the year in which acquisition occurred will not cause an Adverse REMIC Event.
If the applicable Special Servicer is granted or not denied the REO Extension contemplated by clause (i) of the immediately
preceding sentence or obtains the Opinion of Counsel contemplated by clause (ii) of the immediately preceding sentence, such
Special Servicer shall sell such REO Property within such longer period as is permitted by such REO Extension or such Opinion of Counsel,
as the case may be. Any expense incurred by such Special Servicer in connection with its being granted the REO Extension contemplated
by clause (i) of the second preceding sentence or its obtaining the Opinion of Counsel contemplated by clause (ii)
of the second preceding sentence, shall be an expense of the Trust payable out of the applicable Collection Account pursuant to Section 3.05(a).

(b)           
Each Special Servicer shall segregate and hold all funds collected and received in connection with any REO Property separate and
apart from its own funds and general

    	 	-261-	 

     

    

assets. If an REO Acquisition shall occur,
the applicable Special Servicer shall establish and maintain one or more REO Accounts, held on behalf of the Trustee for the benefit of
the Certificateholders and, if applicable, on behalf of any related Companion Holder(s), as applicable, as their interest shall appear,
and the Trustee (as holder of the Lower-Tier Regular Interests), for the retention of revenues and other proceeds derived from each REO
Property. The REO Account shall be an Eligible Account. The applicable Special Servicer shall deposit, or cause to be deposited, in the
REO Account, on the later of the date that is (i) on or prior to each Determination Date or (ii) two (2) Business Days
after receipt of properly identified funds, all REO Revenues, Insurance and Condemnation Proceeds and Liquidation Proceeds received and
properly identified in respect of an REO Property. Funds in the REO Account may be invested in Permitted Investments in accordance with
Section 3.06. The applicable Special Servicer shall give notice to the Trustee, the Certificate Administrator, and the applicable
Master Servicer of the location of the REO Account when first established and of the new location of the REO Account prior to any change
thereof.

(c)           
The applicable Special Servicer shall withdraw from the REO Account funds necessary for the proper operation, management, insuring,
leasing, maintenance and disposition of any REO Property, but only to the extent of amounts on deposit in the REO Account relating to
such REO Property. On the later of the date that is (x) on or prior to each Determination Date or (y) two (2) Business
Days after such amounts are received and properly identified and determined to be available (or, with respect to a Serviced Companion
Loan, on the Business Day preceding each Serviced Whole Loan Remittance Date), the applicable Special Servicer shall withdraw from the
REO Account and remit to the applicable Master Servicer, which shall deposit into the applicable Collection Account (or the Companion
Distribution Account, as applicable), the aggregate of all amounts received in respect of each REO Property during the most recently
ended Collection Period, net of (i) any withdrawals made out of such amounts pursuant to the preceding sentence and (ii) Net
Investment Earnings on amounts on deposit in the REO Account; provided, however, that the applicable Special Servicer may
retain in such REO Account, in accordance with the Servicing Standard, such portion of such balance as may be necessary to maintain a
reasonable reserve for repairs, replacements, leasing, management and tenant improvements and other related expenses for the related
REO Property. In addition, on or prior to the day the applicable Special Servicer remits funds as provided in this Section 3.14,
the applicable Special Servicer shall provide the applicable Master Servicer with a written accounting of amounts remitted to such Master
Servicer for deposit in the applicable Collection Account, as applicable, on such date. Such Master Servicer shall apply all such amounts
as instructed by such Special Servicer on the Determination Date (or with respect to a Serviced Companion Loan, on each Serviced Whole
Loan Remittance Date) for the related Distribution Date.

(d)           
The applicable Special Servicer shall keep and maintain separate records, on a property-by-property basis, for the purpose
of accounting for all deposits to, and withdrawals from, the REO Account pursuant to Section 3.14(b) or Section 3.14(c).

Section 3.15       
Management of REO Property. (a) If title to any REO Property
is acquired, the applicable Special Servicer shall manage, conserve, protect, operate and lease such REO Property (other than any Non-Serviced
Mortgaged Property) for the benefit of the Certificateholders and the related Companion Holders and the Trustee (as holder of the Lower-Tier
Regular Interests) solely for the purpose of its timely disposition and sale in a manner that

    	 	-262-	 

     

    

does not cause such REO Property to fail to
qualify as “foreclosure property” within the meaning of Section 860G(a)(8) of the Code or result in the receipt by the
Trust or any Serviced Companion Noteholder of any “income from non-permitted assets” within the meaning of Section 860F(a)(2)(B)
of the Code or result in an Adverse REMIC Event. Subject to the foregoing, however, the applicable Special Servicer shall have full power
and authority to do any and all things in connection therewith as are in the best interests of and for the benefit of the Certificateholders
(and, in the case of each Serviced Whole Loan, the related Companion Holder(s)) and the Trustee (as holder of the Lower-Tier Regular Interests)
all as a collective whole (taking into account the subordinate or pari passu nature of any Companion Loan, as the case may be)
(as determined by the applicable Special Servicer in its reasonable judgment in accordance with the Servicing Standard). Notwithstanding
anything to the contrary herein, REO Property with respect to a Non-Serviced Mortgage Loan is excluded for all purposes of this Section 3.15.
Subject to this Section 3.15, the applicable Special Servicer may allow the Trust or any commercial mortgage securitization
that holds any Serviced Companion Loan to earn “net income from foreclosure property” within the meaning of Section 860G(d)
of the Code if it determines that earning such income is in the best interests of Certificateholders and, if applicable, any related Companion
Holder(s) on a net after-tax basis as compared with net leasing such REO Property or operating such REO Property on a different basis.
In connection therewith, the applicable Special Servicer shall deposit or cause to be deposited on a daily basis (and in no event later
than two (2) Business Days following receipt of such properly identified funds) in the applicable REO Account all revenues received by
it with respect to each REO Property and the related REO Loan, and shall withdraw from the REO Account, to the extent of amounts on deposit
therein with respect to such REO Property, funds necessary for the proper operation, management, leasing and maintenance of such REO Property,
including, without limitation:

(i)              
all insurance premiums due and payable in respect of such REO Property;

(ii)           
all real estate taxes and assessments in respect of such REO Property that may result in the imposition of a lien thereon;

(iii)           
any ground rents in respect of such REO Property, if applicable; and

(iv)           
all costs and expenses necessary to maintain and lease such REO Property.

To the extent that amounts
on deposit in the REO Account in respect of any REO Property are insufficient for the purposes set forth in clauses (i) through
(iv) above with respect to such REO Property, the applicable Master Servicer (subject to receiving notice from the applicable Special
Servicer in accordance with the procedures set forth elsewhere in this Agreement) shall advance from its own funds such amount as is necessary
for such purposes unless (as evidenced by an Officer’s Certificate delivered to the Trustee, the applicable Special Servicer, the
Depositor, the Certificate Administrator and the Directing Certificateholder (with respect to the Directing Certificateholder, in respect
of any Mortgage Loan other than an Excluded Loan as to such party, and prior to the occurrence and continuance of a Consultation Termination
Event)) such advances would, if made, constitute Nonrecoverable Servicing Advances.

(b)            
Without limiting the generality of the foregoing, no Special Servicer shall:

    	 	-263-	 

     

    

(i)              
 permit the Trust to enter into, renew or extend any New Lease with respect to any REO Property, if the New Lease by its terms
will give rise to any income that does not constitute Rents from Real Property;

(ii)            
permit any amount to be received or accrued under any New Lease other than amounts that will constitute Rents from Real Property;

(iii)            
authorize or permit any construction on any REO Property, other than the completion of a building or other improvement thereon,
and then only if more than 10% of the construction of such building or other improvement was completed before default on the related Mortgage
Loan became imminent, all within the meaning of Section 856(e)(4)(B) of the Code; or

(iv)         
Directly Operate, or allow any other Person, other than an Independent Contractor, to Directly Operate, any REO Property on any
date more than ninety (90) days after its acquisition date;

unless, in any such case, the applicable Special
Servicer has obtained an Opinion of Counsel (the cost of which shall be paid by the applicable Master Servicer as a Servicing Advance)
to the effect that such action will not cause such REO Property to fail to qualify as “foreclosure property” within the meaning
of Section 860G(a)(8) of the Code at any time that it is held for the benefit of the Trust, in which case the applicable Special
Servicer may take such actions as are specified in such Opinion of Counsel.

(c)          
Each Special Servicer shall contract with any Independent Contractor for the operation and management of any REO Property within
ninety (90) days of the acquisition date thereof, provided that:

(i)              
the terms and conditions of any such contract may not be inconsistent herewith and shall reflect an agreement reached at arm’s
length;

(ii)                         the fees of such Independent Contractor (which shall be an expense of the Trust) shall be reasonable and customary in light of
the nature and locality of the Mortgaged Property;

(iii)             
any such contract shall require, or shall be administered to require, that the Independent Contractor (A) pay all costs and
expenses incurred in connection with the operation and management of such REO Property, including, without limitation, those listed in
subsection (a) hereof, and (B) remit all related revenues collected (net of its fees and such costs and expenses) to
the applicable Special Servicer upon receipt;

(iv)         
none of the provisions of this Section 3.15(c) relating to any such contract or to actions taken through any such Independent
Contractor shall be deemed to relieve the applicable Special Servicer of any of its duties and obligations hereunder with respect to the
operation and management of any such REO Property; and

(v)            
each Special Servicer shall be obligated to manage and supervise such Independent Contractor in accordance with the Servicing Standard.

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Each Special Servicer shall
be entitled to enter into any agreement with any Independent Contractor performing services for it related to its duties and obligations
hereunder for indemnification of the applicable Special Servicer by such Independent Contractor, and nothing in this Agreement shall be
deemed to limit or modify such indemnification.

(d)             When
and as necessary, each Special Servicer shall send to the Trustee, the Certificate Administrator and the applicable Master Servicer a
statement prepared by such Special Servicer setting forth the amount of net income or net loss, as determined for federal income tax
purposes, resulting from the operation and management of a trade or business on, the furnishing or rendering of a non-customary service
to the tenants of, or the receipt of any other amount not constituting Rents from Real Property in respect of, any REO Property in accordance
with Sections 3.15(a) and 3.15(b).

Section 3.16       
Sale of Defaulted Loans and REO Properties. (a) (i)
Within thirty (30) days after a Defaulted Loan has become a Specially Serviced Loan, the applicable Special Servicer shall order (but
shall not be required to have received) an Appraisal and within thirty (30) days of receipt of the Appraisal shall determine the fair
value of such Defaulted Loan in accordance with the Servicing Standard; provided, however, that if the applicable Special
Servicer is then in the process of obtaining an Appraisal with respect to the related Mortgaged Property, such Special Servicer shall
make its fair value determination as soon as reasonably practicable (but in any event within thirty (30) days) after its receipt of such
an Appraisal. The applicable Special Servicer may, from time to time, adjust its fair value determination based upon changed circumstances,
new information and other relevant factors, in each instance in accordance with a review of such circumstances and new information in
accordance with the Servicing Standard including, without limitation, the period and amount of the occupancy level and physical condition
of the related Mortgaged Property and the state of the local economy; provided that the applicable Special Servicer shall promptly
notify the applicable Master Servicer in writing of the initial fair value determination and any adjustment to its fair value determination.

(ii)           
If any Mortgage Loan or Serviced Companion Loan subject to an Intercreditor Agreement is a Specially Serviced Loan or to the extent
otherwise required pursuant to the terms of the related Intercreditor Agreement, then the applicable Special Servicer (with respect to
a Specially Serviced Loan) or the applicable Master Servicer (with respect to a Non-Specially Serviced Loan) shall promptly notify
in writing the other, any related Companion Holder and any related mezzanine lender, as applicable, of any events requiring notice under
the Intercreditor Agreement in accordance with the terms thereof. Thereafter, any related Companion Holder and related mezzanine lender,
as applicable, will, notwithstanding anything in this Section 3.16 to the contrary, have the option to purchase the related
Mortgage Loan and cure defaults relating thereto as and to the extent set forth in the related Intercreditor Agreement.

(iii)            
If any Mortgage Loan not subject to an Intercreditor Agreement becomes a Specially Serviced Loan, or if the related Companion Holder
or related mezzanine lender, as applicable, for any such Mortgage Loan subject to an Intercreditor Agreement has not previously exercised
the option to purchase the Mortgage Loan pursuant to the previous paragraph, the applicable Special Servicer shall use reasonable efforts
to solicit offers for each Defaulted Loan on behalf of the Certificateholders and the holder of any related

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Serviced Companion Loan in such manner
as will be reasonably likely to maximize the value of the Defaulted Loan on a net present value basis, if and when the applicable Special
Servicer determines, consistent with the Servicing Standard, that no satisfactory arrangements (including by way of a discounted pay-off)
can be made for collection of delinquent payments thereon and such a sale would be in the best economic interests of the Trust and, if
applicable, the related Companion Holder. In the case of a Non-Serviced Mortgage Loan, to the extent permitted under the related Intercreditor
Agreement and such Non-Serviced Mortgage Loan is not sold together with the Non-Serviced Companion Loan by the Non-Serviced
Special Servicer, the applicable Special Servicer will be entitled to sell ((i) with the consent of the Directing Certificateholder if
no Control Termination Event has occurred and is continuing and (ii) after consulting with the Risk Retention Consultation Party
pursuant to Section 6.08(a), in each case, provided such Non-Serviced Mortgage Loan is not an Excluded Loan as to such party)
such Non-Serviced Mortgage Loan if it determines in accordance with the Servicing Standard that such action would be in the best interests
of the Certificateholders and, subject to the terms of the related Intercreditor Agreement, the applicable Special Servicer shall be entitled
to the liquidation fee that the related Non-Serviced Special Servicer would have otherwise been entitled to in connection with the sale
of such Non-Serviced Mortgage Loan. Each Special Servicer is required to give the Trustee, the Certificate Administrator, the applicable
Master Servicer, the Operating Advisor and the Directing Certificateholder (but only prior to the occurrence and continuance of a Consultation
Termination Event), the Subordinate Companion Holder with respect to any Serviced AB Whole Loan if an AB Control Appraisal Period is not
in effect, and the Risk Retention Consultation Party (in the case of the Directing Certificateholder and the Risk Retention Consultation
Party, other than in respect of any Excluded Loan as to such party) not less than ten (10) days’ prior written notice of its intention
to sell any Defaulted Loan. In the absence of a cash offer at least equal to the Purchase Price, the applicable Special Servicer may purchase
the Defaulted Loan for the Purchase Price or may accept the first cash offer received from any Person that constitutes a fair price for
the Defaulted Loan.

(iv)    
              (A)     
       In
the case of a Specially Serviced Loan as to which a default has occurred and is continuing, in the absence of any offer at least equal
to the Purchase Price pursuant to clause (iii) above (or purchase by the applicable Special Servicer for such price), the
applicable Special Servicer shall solicit offers and, subject to sub-clause (B) below, accept the highest offer received
from any Person that is determined by such Special Servicer to be a fair price for such Specially Serviced Loan, if the offeror is a
Person other than an Interested Person. In determining whether any offer from a Person other than an Interested Person constitutes a
fair price for any Defaulted Loan, the applicable Special Servicer shall take into account (in addition to the results of any Appraisal,
updated Appraisal or narrative appraisal that it may have obtained pursuant to this Agreement within the prior nine (9) months),
among other factors, the period and amount of the occupancy level and physical condition of the related Mortgaged Property and the state
of the local economy. If the offeror is an Interested Person (provided that the Trustee may not be an offeror), the Trustee shall
determine whether the offer constitutes a fair price unless such offer by an Interested Person (i) is equal to or greater than
the applicable Purchase Price and (ii) is the highest offer received. Absent an offer at least equal to the Purchase Price, no
offer from an Interested Person shall constitute a fair price unless (x) it is the

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highest offer received and (y) at
least two (2) other offers are received from independent third parties. In determining whether any offer received from an Interested Person
represents a fair price for any such Defaulted Loan, the Trustee shall rely on the most recent Appraisal (or update of such Appraisal)
of the related Mortgaged Property conducted in accordance with this Agreement within the preceding nine (9) month period or, in the absence
of any such Appraisal, on a new Appraisal. Except as provided in the following paragraph, the cost of any Appraisal will be covered by,
and will be reimbursable as, a Servicing Advance by the applicable Master Servicer.

Notwithstanding anything
contained in the preceding paragraph to the contrary, if the Trustee is required to determine whether a cash offer by an Interested Person
constitutes a fair price, the Trustee shall (at the expense of the Interested Person) designate an independent third party expert in real
estate or commercial mortgage loan matters with at least five (5) years’ experience in valuing loans similar to the subject Mortgage
Loan or Serviced Whole Loan, that has been selected with reasonable care by the Trustee to determine if such cash offer constitutes a
fair price for such Mortgage Loan or Serviced Whole Loan. If the Trustee designates such a third party to make such determination, the
Trustee shall be entitled to rely conclusively upon such third party’s determination. The reasonable fees of, and the costs of all
appraisals, inspection reports and broker opinions of value incurred by any such third party shall be covered by, and shall be reimbursable
by, the Interested Person; provided that the Trustee will not engage a third party expert whose fees exceed a commercially reasonable
amount as determined by the Trustee. The applicable Special Servicer shall use efforts consistent with the Servicing Standard to collect
payment from such Interested Person. If such expense is not paid by the applicable Interested Person within thirty (30) days of demand
for payment, such expense shall be reimbursable to the Trustee by the applicable Master Servicer as a Servicing Advance but the applicable
Special Servicer shall continue to use efforts consistent with the Servicing Standard to collect such amounts from the applicable Interested
Person. Neither the Trustee, in its individual capacity, nor any of its Affiliates may make an offer for or purchase any Specially Serviced
Loan.

(B)              
The applicable Special Servicer will not be obligated to accept the highest offer if such Special Servicer determines (in consultation
with the Directing Certificateholder (unless a Consultation Termination Event has occurred and is continuing) and the Risk Retention Consultation
Party subject, in each case, to the limitations on consultation set forth in and in accordance with Section 6.08(a) and other than
with respect to any Mortgage Loan that is an Excluded Loan as to such party) and, in the case of a Serviced Whole Loan or an REO Property
related to a Serviced Whole Loan, the related Companion Holder, in accordance with the Servicing Standard (and subject to the requirements
of any related Intercreditor Agreement), that the rejection of such offer would be in the best interests of the Holders of Certificates
and, in the case of a sale of a Serviced Whole Loan or an REO Property related to a Serviced Whole Loan, the related Companion Holder
(as a collective whole, as if such Certificateholders and, if applicable, the related Companion Holder constituted a single lender (and,
with respect to any Serviced AB Whole Loan, taking into account the subordinate nature of the related AB Subordinate Companion Loan)).
In addition, the applicable Special Servicer may

    	 	-267-	 

     

    

accept a lower offer from any Person other
than an Affiliate of such Special Servicer if it determines, in accordance with the Servicing Standard, that the acceptance of such offer
would be in the best interests of the Holders of Certificates and, in the case of a sale of a Serviced Whole Loan or an REO Property
related to a Serviced Whole Loan, the related Companion Holder (as a collective whole, as if such Certificateholders and, if applicable,
the related Companion Holder constituted a single lender (and, with respect to any Serviced AB Whole Loan, taking into account the subordinate
nature of the related AB Subordinate Companion Loan)) (for example, if the prospective buyer making the lower offer is more likely to
perform its obligations, or the terms offered by the prospective buyer making the lower offer are more favorable); provided that
the offeror is not the applicable Special Servicer or a Person that is an Affiliate of such Special Servicer. The applicable Special
Servicer shall use reasonable efforts to sell all Defaulted Loans prior to the Rated Final Distribution Date. For the avoidance of doubt,
the Trustee shall have no obligation to make any fair value determination, to the extent required to do so pursuant to this Section 3.16,
on the basis of anything other than the related Appraisal.

(C)                
In connection with any such sale involving a Serviced AB Whole Loan, the applicable Special Servicer shall have the right (if
permitted by the related Intercreditor Agreement), but not the obligation, to sell the related AB Subordinate Companion Loan if such
Special Servicer determines that such sale is in accordance with the Servicing Standard (taking into account the subordinate nature of
the applicable AB Subordinate Companion Loan).

(v)                 
Unless and until any Specially Serviced Loan is sold pursuant to this Section 3.16(a), the applicable Special Servicer
shall pursue such other resolution strategies with respect to such Specially Serviced Loan, including, without limitation, workout and
foreclosure, as the applicable Special Servicer may deem appropriate, consistent with the Asset Status Report and the Servicing Standard
and the REMIC Provisions.

(b)                 
 (i)The applicable Special Servicer may purchase any REO Property at the Purchase Price therefor (in the case of a Serviced Whole
Loan, such purchase shall be a purchase of the entire REO Property, including the portion relating to the related Companion Loan). The
applicable Special Servicer may also offer to sell to any Person any REO Property (in the case of a Serviced Whole Loan, such sale shall
be a sale of the entire REO Property, including the portion relating to the related Companion Loan), if and when the applicable Special
Servicer determines, consistent with the Servicing Standard, that such a sale would be in the best economic interest of the Trust and
the related Companion Holders. Each Special Servicer shall give the Trustee, the applicable Master Servicer, each Companion Holder, the
Certificate Administrator and the Directing Certificateholder and the Risk Retention Consultation Party (in the case of the Directing
Certificateholder and the Risk Retention Consultation Party, in respect of any Mortgage Loan other than an Excluded Loan as to such party
and prior to the occurrence and continuance of a Consultation Termination Event) not less than ten (10) days’ prior written notice
of its intention to (x) purchase any REO Property at the Purchase Price therefor or (y) sell any REO Property, in which case
such Special Servicer shall accept the highest offer received from any Person for any

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REO Property in an amount at least equal to
the Purchase Price therefor. To the extent permitted by applicable law, and subject to the Servicing Standard, the applicable Master Servicer,
an Affiliate of the applicable Master Servicer, the applicable Special Servicer or an Affiliate of such Special Servicer, or an employee
of either of them may act as broker in connection with the sale of any REO Property and may retain from the proceeds of such sale a brokerage
commission that does not exceed the commission that would have been earned by an independent broker pursuant to a brokerage agreement
entered into at arm’s length.

(A)            
In the absence of any such offer as set forth in clause (i) above, the applicable Special Servicer shall, subject to
sub-clause (C) below, accept the highest offer for such REO Property received from any Person that is determined to be a fair
price (1) by such Special Servicer, if the highest offeror is a Person other than an Interested Person, or (2) by the Trustee,
if the highest offeror is an Interested Person unless such offer by an Interested Person (i) is equal to or greater than the applicable
Purchase Price and (ii) is the highest offer received; provided, however, that absent an offer at least equal to the
Purchase Price, no offer from an Interested Person shall constitute a fair price unless (A) it is the highest offer received and
(B) at least two (2) other offers are received from independent third parties. Notwithstanding anything to the contrary herein, neither
the Trustee, in its individual capacity, nor any of its Affiliates may make an offer for or purchase any REO Property pursuant hereto.

(B)             
No Special Servicer shall be obligated by either of the foregoing paragraphs or otherwise to accept the highest offer if such Special
Servicer determines, in accordance with the Servicing Standard, that rejection of such offer would be in the best interests of the Certificateholders
and, with respect to any Serviced Whole Loan, the related Companion Holder, and in either case, as a collective whole (taking into account
the subordinate or pari passu nature of any Serviced Companion Loans). In addition, such Special Servicer may accept a lower offer
if it determines, in accordance with the Servicing Standard, that acceptance of such offer would be in the best interests of the Certificateholders
and, with respect to any Serviced Whole Loan, the related Companion Holder, and in either case, as a collective whole (taking into account
the subordinate or pari passu nature of any Serviced Companion Loans) (for example, if the prospective buyer making the lower offer
is more likely to perform its obligations, or the terms offered by the prospective buyer making the lower offer are more favorable); provided
that the offeror is not the applicable Special Servicer or a Person that is an Affiliate of such Special Servicer.

(C)             
In determining whether any offer received from an Interested Person represents a fair price for any REO Property, the Trustee shall
obtain and may conclusively rely on the opinion of an Independent appraiser or other Independent expert in real estate matters retained
by the Trustee in connection with making such determination. The reasonable cost of such Independent appraiser or other Independent expert
shall be an expense of the offering Interested Person purchaser. The reasonable fees and costs of all appraisals, inspection reports and
broker opinions of value incurred by any such third party shall be covered by, and shall be

    	 	-269-	 

     

    

reimbursable, from the offering Interested
Person and the applicable Special Servicer shall use efforts consistent with the Servicing Standard to collect payment from such Interested
Person. If such expense is not paid by the applicable Interested Person within thirty (30) days of demand for payment, such expense shall
be reimbursable to the Trustee by the applicable Master Servicer as a Servicing Advance but the applicable Special Servicer shall continue
to use efforts consistent with the Servicing Standard to collect such amounts from the applicable Interested Person. In determining whether
any offer constitutes a fair price for any REO Property, the applicable Special Servicer or the Trustee (or, if applicable, such appraiser)
shall take into account, and any appraiser or other expert in real estate matters shall be instructed to take into account, as applicable,
among other factors, the physical condition of such REO Property, the state of the local economy and the Trust’s obligation to comply
with REMIC Provisions.

(ii)              
Subject to the Servicing Standard, the applicable Special Servicer shall act on behalf of the Trust and the related Companion Holders
in negotiating and taking any other action necessary or appropriate in connection with the sale of any REO Property, including the collection
of all amounts payable in connection therewith. A sale of any REO Property shall be without recourse to, or representation or warranty
by, the Trustee, the Depositor, the applicable Master Servicer, the applicable Special Servicer, the Certificate Administrator, the Operating
Advisor or the Trust (except that any contract of sale and assignment and conveyance documents may contain customary warranties of title,
so long as the only recourse for breach thereof is to the Trust) and, if consummated in accordance with the terms of this Agreement, each
applicable Master Servicer, each applicable Special Servicer, the Depositor, the Certificate Administrator, the Operating Advisor and
the Trustee shall have no liability to the Trust or any Certificateholder or related Companion Holder (if applicable) with respect to
the purchase price therefor accepted by the applicable Special Servicer or the Trustee.

(c)              
Any sale of a Defaulted Loan or any REO Property shall be for cash only (unless changes in the REMIC Provisions or authoritative
interpretations thereof made or issued subsequent to the Startup Day allow a sale for other consideration).

(d)             
With respect to each Serviced Whole Loan, pursuant to the terms of the related Intercreditor Agreement and this Agreement, if the
related Serviced Whole Loan becomes a Defaulted Loan, and if the applicable Special Servicer determines to sell the related Mortgage Loan
that has become a Defaulted Loan in accordance with this Section 3.16, then the applicable Special Servicer shall sell the
related Serviced Pari Passu Companion Loans (and, to the extent permitted by the related Intercreditor Agreement, the related AB Subordinate
Companion Loans) together with such Mortgage Loan as one whole loan and shall require that all offers be submitted to such Special Servicer
in writing. To the extent a determination is required to be made hereunder as to whether any cash offer constitutes a fair price for a
Serviced Whole Loan, such determination shall be made by the applicable Special Servicer unless the offeror is an Interested Person and
by the Trustee if the offeror is an Interested Person and the offer is less than the Purchase Price. Notwithstanding the foregoing, the
applicable Special Servicer will not be permitted to sell the related Mortgage Loan together with the related Serviced Pari Passu Companion
Loan(s) if it becomes a defaulted Whole Loan without the written consent of the holder of the related Serviced

    	 	-270-	 

     

    

Pari Passu Companion Loan (provided
that such consent is not required if the holder of the Serviced Pari Passu Companion Loan is the Mortgagor or an Affiliate of the Mortgagor)
unless the applicable Special Servicer has delivered to the holder of the related Serviced Pari Passu Companion Loan: (a) at least
fifteen (15) Business Days prior written notice of any decision to attempt to sell such Serviced Whole Loan; (b) at least ten (10)
days prior to the permitted sale date, a copy of each bid package (together with any amendments to such bid packages) received by the
applicable Special Servicer in connection with any such proposed sale; (c) at least ten (10) days prior to the proposed sale date,
a copy of the most recent appraisal for such Serviced Whole Loan, and any documents in the servicing file reasonably requested by the
holder of the related Serviced Pari Passu Companion Loan; and (d) until the sale is completed, and a reasonable period of time (but no
less time than is afforded to other offerors and the Directing Certificateholder and the Risk Retention Consultation Party) prior to the
proposed sale date, all information and other documents being provided to other offerors and all leases or other documents that are approved
by the applicable Master Servicer or the applicable Special Servicer in connection with the proposed sale. In connection with any such
sale involving any Serviced AB Whole Loan, the applicable Special Servicer will also have the right (subject to the related Intercreditor
Agreement), but not the obligation, to sell the related AB Subordinate Companion Loan if such Special Servicer determines that such sale
is in accordance with the Servicing Standard (taking into account the subordinate nature of the applicable AB Subordinate Companion Loan).
The holder of the related Serviced Pari Passu Companion Loan (or its representative) will be permitted to submit an offer at any sale
of such Whole Loan; however, the related Mortgagor and its agents and Affiliates shall not be permitted to submit an offer at such
sale. Notwithstanding the foregoing, with respect to each Serviced Whole Loan, the holder of the related Companion Loan may waive any
of the delivery or timing requirements set forth in this paragraph with respect to the related Whole Loan. If the Trustee is required
to determine whether a cash offer by an Interested Person constitutes a fair price, the Trustee may (at its option and at the expense
of the offering Interested Person purchaser) designate an independent third party expert in real estate or commercial mortgage loan matters
with at least five (5) years’ experience in valuing loans similar to the subject Mortgage Loan, that has been selected with
reasonable care by the Trustee to determine if such cash offer constitutes a fair price for such Mortgage Loan. The Trustee shall act
in a commercially reasonable manner in making such determination. If the Trustee designates such a third party to make such determination,
the Trustee shall be entitled to rely conclusively upon such third party’s determination. The reasonable fees of, and the costs
of all appraisals, inspection reports and broker opinions of value incurred by any such third party shall be covered by, and shall be
reimbursable, from the offering Interested Person and the applicable Special Servicer shall use efforts consistent with the Servicing
Standard to collect payment from such Interested Person. If such expense is not paid by the applicable Interested Person within thirty
(30) days of demand for payment, such expense shall be reimbursable to the Trustee by the applicable Master Servicer as a Servicing Advance
but the applicable Special Servicer shall continue to use efforts consistent with the Servicing Standard to collect such amounts from
the applicable Interested Person.

(e)              
 (i) Notwithstanding anything in this Section 3.16 to the contrary, pursuant to the terms of the related Intercreditor
Agreement, the holder of the related AB Subordinate Companion Loan for each applicable Serviced AB Whole Loan will have the right to purchase
the related Mortgage Loan or related REO Property, as applicable. Such right of the holder of the AB Subordinate Companion Loan shall
be given priority over any provision described in this Section 3.16 as and to the extent set forth in the related Intercreditor
Agreement. If the related

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Mortgage Loan or related REO Property is purchased
by the holder of such AB Subordinate Companion Loan, repurchased by the applicable Mortgage Loan Seller or otherwise ceases to be subject
to this Agreement, the related AB Subordinate Companion Loan will no longer be subject to this Agreement.

(ii)              
Notwithstanding anything in this Section 3.16 to the contrary, any mezzanine lender will have the right to purchase
the related Mortgage Loan or REO Property, as applicable, and cure defaults relating thereto, as and to the extent set forth in the related
Intercreditor Agreement.

(f)               
Unless otherwise provided in an Intercreditor Agreement the sale of any Mortgage Loan pursuant to this Section 3.16
will be on a servicing released basis.

(g)              
In the event the applicable Master Servicer or the applicable Special Servicer has the right to purchase any Companion Loan on
behalf of the Trust pursuant to the related Intercreditor Agreement, neither such Master Servicer nor such Special Servicer shall exercise
such right.

Section 3.17       
Additional Obligations of Master Servicers and Special Servicers. (a) Each
Master Servicer shall deliver all Compensating Interest Payments with respect to the Mortgage Loans for which it acts as Master Servicer
(other than the portion of any Compensating Interest Payment allocated to a Serviced Pari Passu Companion Loan) to the Certificate Administrator
for deposit in the Lower-Tier REMIC Distribution Account on each P&I Advance Date, without any right of reimbursement therefor.
Each Master Servicer shall deliver the portion of any Compensating Interest Payment allocated to a Serviced Pari Passu Companion Loan
to the Companion Paying Agent for deposit in the Companion Distribution Account on each P&I Advance Date, without any right of reimbursement
therefor.

(b)              
Each Master Servicer or each Special Servicer, as applicable, shall provide to each Companion Holder any reports or notices required
to be delivered to such Companion Holder pursuant to the related Intercreditor Agreement.

(c)              
Upon the determination that a previously made Advance is a Nonrecoverable Advance, to the extent that the reimbursement thereof
would exceed the full amount of the principal portion of general collections on the Mortgage Loans deposited in the applicable Collection
Account and available for distribution on the next Distribution Date, the applicable Master Servicer or the Trustee, each at its own option
and in its sole discretion, as applicable, instead of obtaining reimbursement for the remaining amount of such Nonrecoverable Advance
pursuant to Section 3.05(a)(v) immediately, as an accommodation may elect to refrain from obtaining such reimbursement for
such portion of the Nonrecoverable Advance during the one month collection period ending on the then-current Determination Date, for
successive one month periods for a total period not to exceed twelve (12) months (provided that, other than in the case of an Excluded
Loan with respect to the Directing Certificateholder or the Holder of the majority of the Controlling Class, any such deferral exceeding
six (6) months shall require, prior to the occurrence and continuance of any Control Termination Event, the consent of the Directing Certificateholder),
and any election to so defer or not to defer shall be deemed to be in accordance with the Servicing Standard. If the applicable Master
Servicer or the Trustee makes such an

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election at its sole option and in its sole
discretion to defer reimbursement with respect to all or a portion of a Nonrecoverable Advance (together with interest thereon), then
such Nonrecoverable Advance (together with interest thereon) or portion thereof shall continue to be fully reimbursable in the subsequent
collection period (subject, again, to the same sole option to defer; it is acknowledged that, in such a subsequent period, such Nonrecoverable
Advance shall again be payable first from principal collections as described above prior to payment from other collections). In
connection with a potential election by the applicable Master Servicer or the Trustee to refrain from the reimbursement of a particular
Nonrecoverable Advance or portion thereof during the Collection Period for any Distribution Date, the applicable Master Servicer or the
Trustee shall further be authorized to wait for principal collections on the Mortgage Loans serviced by such Master Servicer to be received
until the end of such Collection Period before making its determination of whether to refrain from the reimbursement of a particular Nonrecoverable
Advance or portion thereof; provided, however, that if, at any time the applicable Master Servicer or the Trustee, as applicable,
elects, in its sole discretion, not to refrain from obtaining such reimbursement or otherwise determines that the reimbursement of a Nonrecoverable
Advance during a Collection Period will exceed the full amount of the principal portion of general collections on or in respect of Mortgage
Loans deposited in the applicable Collection Account for such Distribution Date, then the applicable Master Servicer or the Trustee, as
applicable, shall use its reasonable efforts to give the 17g-5 Information Provider fifteen (15) days’ notice of such determination
for posting on the 17g-5 Information Provider’s Website pursuant to Section 3.13(c), unless extraordinary circumstances
make such notice impractical, which shall mean that (i) the applicable Master Servicer or the Trustee, as the case may be, determines
in its sole discretion that waiting fifteen (15) days after such a notice could jeopardize its ability to recover such Nonrecoverable
Advance, (ii) changed circumstances or new or different information becomes known to the applicable Master Servicer or the Trustee,
as the case may be, that could affect or cause a determination of whether any Advance is a Nonrecoverable Advance or whether to defer
reimbursement of a Nonrecoverable Advance or the determination in clause (i) above, or (iii) in the case of the applicable
Master Servicer, it has not timely received from the Trustee information required by the applicable Master Servicer to determine whether
to defer reimbursement for a Nonrecoverable Advance. If any of the circumstances described in clause (i), (ii) or (iii)
of the foregoing sentence apply, the applicable Master Servicer or Trustee, as applicable, shall give the 17g-5 Information Provider
a notice for posting of the anticipated reimbursement as soon as reasonably practicable. Notwithstanding the foregoing, failure to give
notice as required by the preceding or second preceding sentence shall in no way affect the applicable Master Servicer’s or the
Trustee’s election whether to refrain from obtaining such reimbursement or right to obtain such reimbursement as described in this
Section 3.17(c). Nothing herein shall give the applicable Master Servicer or the Trustee the right to defer reimbursement
of a Nonrecoverable Advance to the extent of any principal collections then available in the applicable Collection Account pursuant to
Section 3.05(a)(v). The applicable Master Servicer or the Trustee, as the case may be, shall have no liability for any loss,
liability or expenses resulting from any notice provided to the Rating Agencies contemplated by this Section 3.17(c).

The foregoing shall not,
however, be construed to limit any liability that may otherwise be imposed on such Person for any failure by such Person to comply with
the conditions to making such an election under this Section 3.17 or to comply with the terms of this Section 3.17
and the other provisions of this Agreement that apply once such an election, if any, has been made; provided, however, that
the fact that a decision to recover such Nonrecoverable Advances over

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time, or not to do so, benefits some classes
of Certificateholders to the detriment of other classes shall not, with respect to the applicable Master Servicer or the applicable Special
Servicer, as applicable, constitute a violation of the Servicing Standard and/or with respect to the Trustee (solely in its capacity as
Trustee), constitute a violation of any fiduciary duty to Certificateholders or any contractual obligation hereunder. If the applicable
Master Servicer or the Trustee, as the case may be, determines, in its sole discretion, to fully recover the Nonrecoverable Advances immediately
instead of deferring such reimbursement, then such Master Servicer or the Trustee, as applicable, shall be entitled to immediate reimbursement
of Nonrecoverable Advances with interest thereon at the Reimbursement Rate from all amounts in the applicable Collection Account for such
Distribution Date (deemed first from principal and then from interest). Any such election by any such party to refrain from
reimbursing itself or obtaining reimbursement for any Nonrecoverable Advance or portion thereof with respect to any one or more collection
periods shall not limit the accrual of interest at the Reimbursement Rate on such Nonrecoverable Advance for the period prior to the actual
reimbursement of such Nonrecoverable Advance. The applicable Master Servicer’s or the Trustee’s, as the case may be, agreement
to defer reimbursement of such Nonrecoverable Advances as set forth above is an accommodation to the Certificateholders and shall not
be construed as an obligation on the part of such Master Servicer or the Trustee, as applicable, or a right of the Certificateholders.
Nothing herein shall be deemed to create in the Certificateholders a right to prior payment of distributions over such Master Servicer’s
or the Trustee’s, as applicable, right to reimbursement for Advances (deferred or otherwise) and accrued interest thereon. In all
events, the decision to defer reimbursement or to seek immediate reimbursement of Nonrecoverable Advances shall be deemed to be in accordance
with the Servicing Standard and none of the applicable Master Servicer, the Trustee or the other parties to this Agreement shall have
any liability to one another or to any of the Certificateholders or any of the Companion Holders for any such election that such party
makes as contemplated by this Section 3.17 or for any losses, damages or other adverse economic or other effects that may
arise from such an election, nor shall such election constitute a violation of the Servicing Standard or any duty under this Agreement.
Neither the applicable Master Servicer nor the Trustee shall have any liability whatsoever for making an election, or refraining from
making an election, that is authorized under this Section 3.17(c).

No determination by a Master
Servicer (or the Trustee, as applicable) to exercise its sole option to defer the reimbursement of Advances and/or interest thereon under
this section shall be construed as an agreement by the applicable Master Servicer (or the Trustee, as applicable) to subordinate (in respect
of realizing losses), to any Class of Certificates, such party’s right to such reimbursement during such period of deferral.

With respect to any modification
or amendment of any Intercreditor Agreement related to a Serviced Whole Loan (to the extent received), the applicable Master Servicer
or the applicable Special Servicer, as applicable, shall provide to the 17g-5 Information Provider a copy of any such modification or
amendment, which the 17g-5 Information Provider shall promptly post on the 17g-5 Information Provider’s Website in accordance with
Section 3.13(c).

(d)              
With respect to any Mortgage Loan (or Serviced Whole Loan), if the related loan documents permit the lender to (but do not require
the lender to), at its option, prior to an event of default under the related Mortgage Loan (or Serviced Whole Loan), apply amounts held
in any reserve account as a prepayment or hold such amounts in a reserve account, the applicable

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Master Servicer or the applicable Special Servicer,
as the case may be, may not apply such amounts as a prepayment, and will instead continue to hold such amounts in the applicable reserve
account, unless not applying those amounts as a prepayment would be a violation of the Servicing Standard. Such amount may be used, if
permitted under the loan documents, to defease the loan, or may be used to prepay the Mortgage Loan (or Serviced Whole Loan), or for other
purpose consistent with the Servicing Standard and the loan documents, upon a subsequent default.

(e)              
Within one (1) Business Day after the execution of any amendment or modification of any Intercreditor Agreement, the applicable
Master Servicer or the applicable Special Servicer, as the case may be, shall provide to the Certificate Administrator a copy of any such
modification or amendment of any Intercreditor Agreement, and such amendment or modification shall be a Reportable Event.

Section 3.18       
Modifications, Waivers, Amendments and Consents.(a) (a) The applicable Master Servicer shall process waivers, modifications,
amendments and consents that are not Major Decisions or Special Servicer Decisions with respect to any Serviced Mortgage Loan and any
related Serviced Companion Loan that, in either case, is not a Specially Serviced Loan, without the consent or approval of the Directing
Certificateholder (except as specified in the definition of “Master Servicer Decision”) or the consent or approval of the
applicable Special Servicer. The applicable Special Servicer shall process waivers, modifications, amendments and consents with respect
to Specially Serviced Loans and shall also process waivers, modifications, amendments and consents that are Major Decisions or Special
Servicer Decisions with respect to any Serviced Mortgage Loan and any related Serviced Companion Loan. Except as set forth in Section 3.08(a),
Section 3.08(b), this Section 3.18(a), Section 3.18(d), Section 3.18(h), Section 3.18(i),
Section 3.18(m) and Section 6.08, but subject to any other conditions set forth thereunder and, with respect to
any Serviced Mortgage Loan or any Serviced Whole Loan (and with respect to any Serviced Whole Loan, subject to the rights of the related
Companion Holder, as applicable, to advise or consult with the applicable Special Servicer with respect to, or to consent to, a modification,
waiver or amendment, in each case, pursuant to the terms of the related Intercreditor Agreement), the applicable Special Servicer shall
not modify, waive or amend the terms of a Mortgage Loan and/or related Companion Loan (or consent to any such modification, waiver or
amendment) that would constitute a Major Decision without (x) (i) prior to the occurrence of a Control Termination Event and (ii)
other than with respect to any Excluded Loan with respect to the Directing Certificateholder, the consent (or deemed consent) of the Directing
Certificateholder having been obtained by the applicable Special Servicer to the extent required by, and pursuant to the process described
under, Section 6.08(a) or (y) (i) after the occurrence and during the continuance of a Control Termination Event and (ii)
other than with respect to any Excluded Loan with respect to the Directing Certificateholder, but prior to the occurrence and continuance
of a Consultation Termination Event, the applicable Special Servicer having consulted with the Directing Certificateholder if and to the
extent required pursuant to Section 6.08(a); and provided, further, that no extension entered into pursuant to this
Section 3.18(a) shall extend the Maturity Date beyond the date provided for in the last paragraph of Section 3.18(b). If
such extension would extend the Maturity Date of such Mortgage Loan and/or related Companion Loan for more than twelve (12) months from
and after the original Maturity Date of such Mortgage Loan and/or related Companion Loan and such Mortgage Loan and/or related Companion
Loan is not in default or default with respect thereto is not reasonably foreseeable, prior to any such extension, (1) the applicable
Special Servicer shall provide the Trustee, the Certificate Administrator, the applicable

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Master Servicer, the Operating Advisor, the
Directing Certificateholder and the Risk Retention Consultation Party (in the case of the Directing Certificateholder and the Risk Retention
Consultation Party, (i) prior to the occurrence and continuance of a Consultation Termination Event and (ii) other than with
respect to any Mortgage Loan that is an Excluded Loan as to such party), with an Opinion of Counsel (at the expense of the related Mortgagor
to the extent permitted under the Mortgage Loan documents and, if not required or permitted to be paid by the Mortgagor, to be paid as
an expense of the Trust in accordance with Section 3.11(d)) that such extension would not constitute a “significant modification”
of the Mortgage Loan and/or Serviced Companion Loan within the meaning of Treasury Regulations Section 1.860G-2(b) and (2) subject
to the Servicing Standard, (x) prior to the occurrence and continuance of a Control Termination Event and other than with respect to any
Excluded Loan with respect to the Directing Certificateholder, the applicable Special Servicer shall obtain the consent (or deemed consent)
of the Directing Certificateholder, (y) after the occurrence and during the continuance of a Control Termination Event, but prior to the
occurrence and continuance of a Consultation Termination Event, and other than with respect to any Excluded Loan with respect to the Directing
Certificateholder, consult with the Directing Certificateholder and (z) (i) prior to the occurrence and continuance of a Consultation
Termination Event, with respect to any Specially Serviced Loan other than an Excluded Loan with respect to the Risk Retention Consultation
Party and (ii) after the occurrence and during the continuance of a Consultation Termination Event, with respect to any Mortgage Loan
other than an Excluded Loan with respect to the Risk Retention Consultation Party, consult with the Risk Retention Consultation Party,
in each case, pursuant to the process described in Section 6.08(a).

Except as otherwise described
in this Agreement, prior to the occurrence and continuance of a Control Termination Event, the applicable Special Servicer will only be
permitted to take any of the Special Servicer Decisions in clauses (iv), (v), (vi) and (vii) of the definition
of “Special Servicer Decision” as to which the Directing Certificateholder has consented in writing within ten (10) Business
Days (or, with respect to clause (vii) of the definition of “Special Servicer Decision”, five (5) Business Days) after
receipt of the applicable Special Servicer’s written recommendation and analysis and all information reasonably requested by the
Directing Certificateholder, and reasonably available to the applicable Special Servicer in order to grant or withhold such consent (provided
that if such written consent has not been received by the applicable Special Servicer within such ten (10) Business Day (or five (5)
Business Day) period, the Directing Certificateholder shall be deemed to have approved such action); provided, that after the occurrence
and during the continuance of a Control Termination Event, but prior to the occurrence and continuance of a Consultation Termination Event,
and other than with respect to any Excluded Loan with respect to the Directing Certificateholder, the Special Servicer shall consult with
the Directing Certificateholder with respect to any such Special Servicer Decision.

Notwithstanding the foregoing,
subject to the rights of the related Companion Holder to advise the applicable Master Servicer with respect to, or consent to, such modification,
waiver or amendment pursuant to the terms of the related Intercreditor Agreement, the applicable Master Servicer, with respect to Non-Specially
Serviced Loans, without the consent of the applicable Special Servicer or the Directing Certificateholder, may modify or amend the terms
of any Non-Specially Serviced Loan and/or related Serviced Companion Loan in order to (i) cure any ambiguity or mistake therein or
(ii) correct or supplement any provisions therein which may be inconsistent with any other provisions therein or correct any error;
provided that, if the Serviced

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Mortgage Loan and/or related Serviced Companion
Loan is not in default or default with respect thereto is not reasonably foreseeable, such modification or amendment would not be a “significant
modification” of the Mortgage Loan and/or related Serviced Companion Loan within the meaning of Treasury Regulations Section 1.860G-2(b).

Any fees or other charges
charged by the applicable Special Servicer in connection with processing any Payment Accommodation with respect to any Mortgage Loan or
Serviced Whole Loan (in the aggregate with each other such Payment Accommodation with respect to such Mortgage Loan or Serviced Whole
Loan), in each case as a result of the COVID-19 emergency, may not exceed an amount equal to 0.30% of the Stated Principal Balance of
such Mortgage Loan or Serviced Whole Loan (“COVID Forbearance Fees”) (excluding attorneys’ fees and third party
expenses) and may only be borne by the Mortgagor, not the Trust. To the extent that a Mortgagor with respect to any Mortgage Loan or Serviced
Whole Loan defaults under a Payment Accommodation, all caps and limitations on fees, as described in the preceding sentence, shall no
longer be applicable and the applicable Special Servicer shall be entitled to all other fees that would otherwise be payable to such Special
Servicer from the Trust Fund or otherwise, including Special Servicing Fees, Workout Fees, Liquidation Fees, default interest and all
other Mortgagor-paid fees.

Subject to Section 6.08,
applicable law and the Mortgage Loan and/or related Serviced Companion Loan documents, neither the applicable Master Servicer nor the
applicable Special Servicer shall permit the substitution of any Mortgaged Property (or any portion thereof) for one or more other parcels
of real property at any time the Mortgage Loan and/or related Serviced Companion Loan is not in default pursuant to the terms of the related
Mortgage Loan and/or related Serviced Companion Loan documents or default with respect thereto is not reasonably foreseeable unless (i) the
applicable Master Servicer or the applicable Special Servicer, as the case may be, obtains Rating Agency Confirmation from each Rating
Agency (and delivers such Rating Agency Confirmation to the Directing Certificateholder and the Risk Retention Consultation Party, if
permitted by the applicable Rating Agency) and a confirmation of any applicable rating agencies that such action will not result in the
downgrade, withdrawal or qualification of its then-current ratings of any class of Serviced Companion Loan Securities (if any) (provided
that such rating agency confirmation may be considered satisfied in the same manner as any Rating Agency Confirmation may be considered
satisfied with respect to the Certificates pursuant to Section 3.25) and (ii) such substitution would not be a “significant
modification” of the Mortgage Loan and/or related Serviced Companion Loan within the meaning of Treasury Regulations Section 1.860G-2(b)
or otherwise cause an Adverse REMIC Event (and the applicable Master Servicer or the applicable Special Servicer, as the case may be,
may obtain and rely upon an Opinion of Counsel (at the expense of the related Mortgagor if not prohibited by the terms of the related
Mortgage Loan documents, and if so prohibited, at the expense of the Trust) with respect thereto).

Upon receiving a request
for any matter described in this Section 3.18(a) that constitutes a Major Decision or Special Servicer Decision with respect to
a Serviced Mortgage Loan that is not a Specially Serviced Loan, the applicable Master Servicer shall promptly forward such request to
the applicable Special Servicer and such Special Servicer shall process such request (including, without limitation, interfacing with
the Mortgagor) and, except as provided in the next sentence, such Master Servicer shall have no further obligation with respect to such
request or such Major Decision or Special Servicer Decision. The applicable Master Servicer shall cooperate with

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reasonable requests of the applicable Special
Servicer by delivering to the applicable Special Servicer any additional information in such Master Servicer’s possession requested
by such Special Servicer relating to such Major Decision or Special Servicer Decision. The applicable Master Servicer shall not be permitted
to process any Major Decision or Special Servicer Decision and shall not be required to interface with the Mortgagor or provide a written
recommendation and/or analysis with respect to any Major Decision or Special Servicer Decision.

No Master Servicer or Special
Servicer shall enter into, or structure (including, without limitation, by way of the application of credits, discounts, forgiveness or
otherwise), any modification, waiver, amendment, work-out, consent or approval with respect to a Mortgage Loan in a manner that would
have the effect of placing amounts payable as compensation, or otherwise reimbursable, to such Master Servicer or Special Servicer in
a higher priority than the allocation and payment priorities set forth in Section 3.02(b) or in the related Intercreditor
Agreement.

(b)              
If the applicable Special Servicer determines that a modification, waiver or amendment (including, without limitation, the forgiveness
or deferral of interest or principal or the substitution of collateral pursuant to the terms of the Serviced Mortgage Loan and/or related
Serviced Companion Loan or otherwise, the release of collateral or the pledge of additional collateral) of the terms of a Specially Serviced
Loan with respect to which a payment default or other material default has occurred or a payment default or other material default is,
in the applicable Special Servicer’s judgment, reasonably foreseeable (as evidenced by an Officer’s Certificate of such Special
Servicer), is reasonably likely to produce a greater (or equivalent) recovery on a net present value basis (the relevant discounting to
be performed at the related Mortgage Rate) to the Trust and, if applicable, the Companion Holders, as the holders of the related Serviced
Companion Loan, than liquidation of such Specially Serviced Loan, then the applicable Special Servicer may agree to a modification, waiver
or amendment of such Specially Serviced Loan, subject to (w) the provisions of this Section 3.18(b) and Section 3.18(c),
(x)(a) with respect to any Major Decision, with respect to any Mortgage Loan other than any Excluded Loan as to the Directing Certificateholder
or the holder of the majority of the Controlling Class, the approval of the Directing Certificateholder (prior to the occurrence and continuance
of a Control Termination Event) or upon consultation with the Directing Certificateholder (after the occurrence and during the continuance
of a Control Termination Event, but prior to the occurrence and continuance of a Consultation Termination Event) as provided in Section 6.08,
and (b) with respect to any Major Decision in respect of a Specially Serviced Loan other than an Excluded Loan with respect to the Risk
Retention Consultation Party, upon consultation with the Risk Retention Consultation Party as provided in Section 6.08, (y) with
respect to any Serviced AB Whole Loan, any rights of the related Subordinate Companion Holder to consent to such modification, waiver
or amendment and (z) additionally, with respect to a Serviced Whole Loan, the rights of the related Serviced Companion Noteholder
or with respect to a Serviced Mortgage Loan with mezzanine debt, the rights of the related mezzanine lender, to advise or consult with
the applicable Special Servicer with respect to, or consent to, such modification, waiver or amendment, in each case, pursuant to the
terms of the related Intercreditor Agreement or mezzanine intercreditor agreement, as applicable; provided that with respect to
any Serviced AB Whole Loan, if an AB Control Appraisal Period is not in effect, the consent of, or consultation with, the related AB Whole
Loan Controlling Holder will be required to the extent set forth in the related Intercreditor Agreement and the Directing Certificateholder
shall have no consent or consultation rights, and the Risk Retention Consultation Party shall have no consultation rights, regarding the
matter; provided, further, that

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in the case of any release or substitution
of collateral (other than a defeasance), the applicable Special Servicer shall have obtained an Opinion of Counsel that such release or
substitution would not be a “significant modification” of the Mortgage Loan within the meaning of Treasury Regulations Section 1.860G-2(b)
or otherwise cause an Adverse REMIC Event. Notwithstanding anything herein to the contrary, with respect to any Excluded Loan with respect
to the Directing Certificateholder (regardless of whether a Control Termination Event has occurred and is continuing), the applicable
Special Servicer shall consult with the Operating Advisor, on a non-binding basis, in connection with the related transactions involving
proposed Major Decisions and consider alternative actions recommended by the Operating Advisor, in respect thereof, in accordance with
the procedures set forth in Section 6.08 for consulting with the Operating Advisor.

In connection with (i) the
release of a Mortgaged Property (other than any Non-Serviced Mortgaged Property), or any portion of such Mortgaged Property from the lien
of the related Mortgage or (ii) the taking of a Mortgaged Property (other than any Non-Serviced Mortgaged Property), or any portion
of such Mortgaged Property by exercise of the power of eminent domain or condemnation, if the related Mortgage Loan documents require
the applicable Master Servicer or the applicable Special Servicer, as the case may be, to calculate (or to approve the calculation of
the related Mortgagor of) the loan-to-value ratio of the remaining Mortgaged Property or Mortgaged Properties or the fair market
value of the real property constituting the remaining Mortgaged Property or Mortgaged Properties, for purposes of REMIC qualification
of the related Mortgage Loan, then such calculation shall, unless then permitted by the REMIC Provisions, exclude the value of personal
property and going concern value, if any, as determined by an appropriate third party.

If, following any such release
or taking, the loan-to-value ratio as calculated is greater than 125%, the applicable Master Servicer or the applicable Special Servicer,
as the case may be, shall require payment of principal by a “qualified amount” as determined under Revenue Procedure 2010-30
or successor provisions, unless the related Mortgagor provides an Opinion of Counsel that if such amount is not paid, the related Mortgage
Loan will not fail to be a “qualified mortgage” within the meaning of Section 860G(a)(3) of the Code.

The applicable Special Servicer
shall use its reasonable efforts to the extent possible to cause each Specially Serviced Loan to fully amortize prior to the Rated Final
Distribution Date and shall not agree to a modification, waiver or amendment of any term of any Specially Serviced Loan for which it is
acting as Special Servicer if such modification, waiver or amendment would (1) extend the maturity date of any such Specially Serviced
Loan to a date occurring later than the earlier of (a) five (5) years prior to the Rated Final Distribution Date and (b) if
such Specially Serviced Loan is secured solely or primarily by a leasehold estate and not also the related fee interest, the date occurring
twenty (20) years or, to the extent consistent with the Servicing Standard giving due consideration to the remaining term of the ground
lease and (A) prior to the occurrence and continuance of a Control Termination Event, with the consent of the Directing Certificateholder
and (B) to the extent such modification, waiver or amendment constitutes a Major Decision, after consultation with the Risk Retention
Consultation Party pursuant to Section 6.08(a), (in each case, other than with respect to a Mortgage Loan that is an
Excluded Loan as to such party), ten (10) years prior to the expiration of such leasehold estate (including any options to extend such
leasehold estate exercisable unilaterally by the related Mortgagor), or

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(2) provide for the deferral of interest
unless interest accrues on the related Mortgage Loan, or Serviced Whole Loan generally at the related Mortgage Rate.

(c)               
Any provision of this Section 3.18 to the contrary notwithstanding, except when a Mortgage Loan and/or Companion Loan is
in default or default with respect thereto is reasonably foreseeable, no fee described in this Section 3.18 shall be collected
by any Master Servicer or any Special Servicer from a Mortgagor (or on behalf of the Mortgagor) in conjunction with any consent or any
modification, waiver or amendment of a Mortgage Loan or Companion Loan, as applicable (unless the amount thereof is specified in the related
Mortgage Note) if the collection of such fee would cause such consent, modification, waiver or amendment to be a “significant modification”
of the Mortgage Note within the meaning of Treasury Regulations Section 1.860G-2(b).

(d)              
To the extent consistent with this Agreement (including, without limitation, the first sentence of Section 3.18(a), and Section 6.08),
the applicable Master Servicer (as provided in Section 3.08(a), Section 3.08(b) and Section 3.18 if such matter
constitutes a Master Servicer Decision) or the applicable Special Servicer (as provided in Section 3.08(a), Section 3.08(b)
and Section 3.18(a) if any such waiver, modification or amendment constitutes a Major Decision or Special Servicer Decision or relates
to a Specially Serviced Loan) may, consistent with the Servicing Standard, agree to any waiver, modification or amendment of a Mortgage
Loan and/or Serviced Companion Loan that is not in default or as to which default is not reasonably foreseeable only if the contemplated
waiver, modification or amendment (i) will not be a “significant modification” of the Mortgage Loan within the meaning
of Treasury Regulations Section 1.860G-2(b) and (ii) will not cause an Adverse REMIC Event. In making this determination,
the applicable Master Servicer or the applicable Special Servicer may obtain and rely upon (and shall provide to the Trustee and the Certificate
Administrator if obtained) an Opinion of Counsel (at the expense of the related Mortgagor or such other Person requesting such modification
or, if such expense cannot be collected from the related Mortgagor or such other Person, to be paid out of the applicable Collection Account
pursuant to Section 3.05(a); provided that the applicable Master Servicer or the applicable Special Servicer, as the case
may be, shall use its reasonable efforts to collect such fee from the Mortgagor or such other Person to the extent permitted under the
related Mortgage Loan documents). Notwithstanding the foregoing, neither the applicable Master Servicer nor the applicable Special Servicer
may waive the payment of any Prepayment Premium or Yield Maintenance Charge or the requirement that any prepayment of a Mortgage Loan
be made on a Due Date, or if not made on a Due Date, be accompanied by all interest that would be due on the next Due Date with respect
to any Mortgage Loan or Serviced Companion Loan that is not a Specially Serviced Loan.

(e)              
Subject to Section 3.18(c), the applicable Master Servicer and the applicable Special Servicer each may, as a condition
to its granting any request by a Mortgagor for consent, modification (including extensions), waiver or indulgence or any other matter
or thing, the granting of which is within such Master Servicer’s or such Special Servicer’s, as the case may be, discretion
pursuant to the terms of the instruments evidencing or securing the related Mortgage Loan or Companion Loan and is permitted by the terms
of this Agreement, require that such Mortgagor pay to such Master Servicer or such Special Servicer, as the case may be, as additional
servicing compensation, a reasonable or customary fee, for the additional services performed in connection with such request; provided
that the charging of such fee is not a “significant

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modification” of the Mortgage Loan within
the meaning of Treasury Regulations Section 1.860G-2(b).

(f)               
All modifications (including extensions), waivers and amendments of the Mortgage Loans and/or Companion Loans entered into pursuant
to this Section 3.18 shall be in writing, signed by the applicable Master Servicer or the applicable Special Servicer, as the case
may be, and the related Mortgagor (and by any guarantor of the related Mortgage Loan, if such guarantor’s signature is required
by the applicable Special Servicer in accordance with the Servicing Standard).

(g)              
With respect to any modification, waiver or amendment for which it is responsible for processing pursuant to Section 3.18,
after completion, the applicable Special Servicer, shall deliver written notice thereof to the applicable Master Servicer, the Trustee,
the Certificate Administrator, the Operating Advisor (after the occurrence and during the continuance of a Control Termination Event),
the Directing Certificateholder and the Risk Retention Consultation Party (in the case of the Directing Certificateholder, other than
following the occurrence and continuance of a Consultation Termination Event, and in the case of the Directing Certificateholder or the
Risk Retention Consultation Party, other than with respect to any Excluded Loan as to such party), the applicable Companion Holder
(or, to the extent the related Serviced Companion Loan has been included in a securitization transaction, to the master servicer under
the related Other Pooling and Servicing Agreement) (unless, with respect to a holder of an AB Subordinate Companion Loan, an AB Control
Appraisal Period is in effect, if applicable), the related Mortgage Loan Seller (if such Mortgage Loan Seller is not the applicable Master
Servicer or Sub-Servicer of such Mortgage Loan or the Directing Certificateholder or the Risk Retention Consultation Party) and the
17g-5 Information Provider (which shall promptly post such notice on the 17g-5 Information Provider’s Website in accordance
with Section 3.13(c)) in writing of any modification, waiver or amendment (in each case, after it is finalized and executed)
of any term of any Mortgage Loan or Companion Loan that is modified, waived or amended and the date thereof. With respect to any modification,
waiver or amendment (in each case, after it is finalized and executed) for which it is responsible for processing pursuant to Section 3.18,
after completion, the applicable Master Servicer, shall deliver written notice of any such modification, waiver or amendment to the Trustee,
the Certificate Administrator, the applicable Special Servicer (and such Special Servicer shall forward such notice to the Directing Certificateholder
(only prior to the occurrence and continuance of a Consultation Termination Event, and other than with respect to an Excluded Loan as
to such party) and the applicable Companion Holder (or, to the extent the related Serviced Companion Loan has been included in a securitization
transaction, to the master servicer under the related Other Pooling and Servicing Agreement) (unless, with respect to a holder of an AB
Subordinate Companion Loan, an AB Control Appraisal Period is in effect, if applicable)), the Risk Retention Consultation Party (other
than with respect to an Excluded Loan as to such party) and the related Mortgage Loan Seller (so long as such Mortgage Loan Seller is
not the applicable Master Servicer or Sub-Servicer of such Mortgage Loan or the Directing Certificateholder or Risk Retention Consultation
Party) and the 17g-5 Information Provider (which shall promptly post such notice on the 17g-5 Information Provider’s Website
in accordance with Section 3.13(c)). The party responsible for delivering notice shall deliver to the Custodian with a copy
to the applicable Master Servicer (if such notice is being delivered by the applicable Special Servicer) for deposit in the related Mortgage
File, an original counterpart of the agreement relating to such modification, waiver or amendment, promptly (and in any event within ten
(10) Business

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Days) following the execution thereof, with
a copy to the applicable Companion Holder (or, to the extent the related Serviced Companion Loan has been included in a securitization
transaction, to the master servicer under the related Other Pooling and Servicing Agreement), if any. Following receipt of the applicable
Master Servicer’s or the applicable Special Servicer’s, as the case may be, delivery of the aforesaid modification, waiver
or amendment to the Certificate Administrator, the Certificate Administrator shall forward a copy thereof to each Holder of a Certificate
(other than the Class R or Class V Certificates). With respect to any modification, waiver or consent that is a Master Servicer Decision
pursuant to clause (iv) of the definition of “Master Servicer Decision”, if the related lease affects an area greater than
or equal to 10% of the net rentable area of the related Mortgaged Property and less than 30% of the net rentable area of the related Mortgaged
Property, the Master Servicer shall deliver to the Special Servicer a copy of the approved lease. With respect to any modification, waiver
or consent that is a Master Servicer Decision pursuant to clause (vii) of the definition of “Master Servicer Decision”, the
Master Servicer shall deliver to the Special Servicer a copy of the approved annual budget. With respect to the processing of any modification,
waiver or consent related to any Mortgagor incurring additional debt or mezzanine debt, the applicable Special Servicer (if such Special
Servicer processes such modification, waiver or consent pursuant to Section 3.18(a)) or the applicable Master Servicer (if such
Master Servicer processes such modification, waiver or consent pursuant to Sections 3.18(a) and (m) shall, on or before
the later of (i) 3:00 p.m. on the related P&I Advance Date and (ii) five (5) Business Days immediately following the
applicable Master Servicer or the applicable Special Servicer, as the case may be, obtaining actual knowledge of the incurrence of such
additional debt or mezzanine debt, deliver notice of the Mortgagor’s incurrence of such debt, substantially in the form of Exhibit JJ,
to cts.sec.notifications@wellsfargo.com and an Additional Disclosure Notification in the form attached hereto as Exhibit DD).
The notice contemplated in the preceding sentence shall set forth, to the extent the applicable Special Servicer or the applicable Master
Servicer, as the case may be, has the requisite information or can reasonably obtain such information, (1) the amount of additional
debt that was incurred in the related Collection Period, (2) the total debt service coverage ratio calculated on the basis of such
Mortgage Loan and additional debt, and (3) the aggregate LTV Ratio calculated on the basis of such Mortgage Loan and additional debt.
In the event that either (i) the CREFC® Investor Reporting Package is amended to include such information set forth
above, in a manner reasonably acceptable to the applicable Master Servicer, the applicable Special Servicer and the Certificate Administrator,
as applicable, and such Master Servicer confirms with the Certificate Administrator that such amended CREFC® Investor Reporting
Package enables the Certificate Administrator to include such information on Form 10-D in a manner reasonably acceptable to the Certificate
Administrator, or (ii) the Trust is no longer subject to the Exchange Act, the additional report in the form of Exhibit JJ
shall no longer be required hereunder. From time to time, the applicable Master Servicer, the applicable Special Servicer and the Certificate
Administrator may agree on a different delivery time and format for the information set forth in this paragraph.

(h)             
Subject to the consent rights and processes set forth in Section 6.08 with respect to Major Decisions, each Master
Servicer shall process all defeasance transactions for the Mortgage Loans for which it acts as Master Servicer and shall be entitled to
all defeasance fees paid related thereto (provided that for the avoidance of doubt, any such defeasance fee shall not include any
Modification Fees or waiver fees in connection with a defeasance that any Special Servicer is entitled to under this Agreement). Notwithstanding
the foregoing, such Master Servicer shall not permit (or, with regard to any Non-Serviced Mortgage Loan, take any act in furtherance

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of) the substitution of any Mortgaged Property
pursuant to the defeasance provisions of any Mortgage Loan or a Serviced Whole Loan unless such defeasance complies with Treasury Regulations
Section 1.860G-2(a)(8)(ii) and such Master Servicer has received (i) replacement collateral consisting of government securities
within the meaning of Treasury Regulations Section 1.860G-2(a)(8)(ii), which satisfies the requirements of the applicable Mortgage
Loan documents, in an amount sufficient to make all scheduled payments under the related Mortgage Loan (or defeased portion thereof) when
due, (ii) a certificate of an Independent certified public accountant to the effect that such substituted property will provide cash
flows sufficient to meet all payments of interest and principal (including payments at maturity) on such Mortgage Loan or Serviced Whole
Loan in compliance with the requirements of the terms of the related Mortgage Loan documents and, if applicable, Companion Loan documents,
(iii) one or more Opinions of Counsel (at the expense of the related Mortgagor) to the effect that the Trustee, on behalf of the
Trust, will have a first priority perfected security interest in such substituted Mortgaged Property; provided, however,
that, to the extent consistent with the related Mortgage Loan documents and, if applicable, Companion Loan documents, the related Mortgagor
shall pay the cost of any such opinion as a condition to granting such defeasance, (iv) to the extent consistent with the related
Mortgage Loan documents and, if applicable, Companion Loan documents, the Mortgagor shall establish a single purpose entity to act as
a successor mortgagor, if so required by the Rating Agencies, (v) to the extent permissible under the related Mortgage Loan documents
and, if applicable, Companion Loan documents, the applicable Master Servicer shall use its reasonable efforts to require the related Mortgagor
to pay all costs of such defeasance, including but not limited to the cost of maintaining any successor mortgagor, and (vi) to the
extent permissible under the Mortgage Loan documents and, if applicable, Companion Loan documents, the applicable Master Servicer shall
obtain, at the expense of the related Mortgagor, Rating Agency Confirmation from each Rating Agency and a confirmation of any applicable
rating agencies that such action will not result in the downgrade, withdrawal or qualification of its then-current ratings of any
class of Serviced Companion Loan Securities (if any) (provided that such rating agency confirmation may be considered satisfied
in the same manner as any Rating Agency Confirmation may be considered satisfied with respect to the Certificates pursuant to Section 3.25);
provided, further, however, that no such confirmation from any Rating Agency shall be required to the extent that
the applicable Master Servicer has delivered a defeasance certificate substantially in the form of Exhibit U hereto for any
Mortgage Loan that (together with any Mortgage Loans cross-collateralized with such Mortgage Loans) is: (i) a Mortgage Loan with
a Cut-off Date Balance less than $35,000,000, (ii) a Mortgage Loan that represents less than 5% of the aggregate Cut-off Date Balance
of all Mortgage Loans, and (iii) a Mortgage Loan that is not one of the ten (10) largest Mortgage Loans by Stated Principal Balance.
Notwithstanding the foregoing, in the event that requiring the Mortgagor to pay for the items specified in clauses (ii), (iv)
and (v) in the preceding sentence would be inconsistent with the related Mortgage Loan documents, such reasonable costs shall be
paid by the related Mortgage Loan Seller as and to the extent set forth in the applicable Mortgage Loan Purchase Agreement.

(i)                
Notwithstanding anything herein or in the related Mortgage Loan documents and, if applicable, Companion Loan documents, to the
contrary, the applicable Master Servicer may permit the substitution of “government securities,” within the meaning of Section 2(a)(16)
of the Investment Company Act of 1940, that comply with Treasury Regulations Section 1.860G-2(a)(8)(ii) for any Mortgaged Property
pursuant to the defeasance provisions of any Mortgage Loan or a Serviced Whole Loan, as applicable (or any portion thereof), in lieu of

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the defeasance collateral specified in the
related Mortgage Loan documents or Serviced Whole Loan documents, as applicable; provided that such substitution is consistent
with the Servicing Standard and the applicable Master Servicer reasonably determines that allowing their use would not cause a default
or event of default to become reasonably foreseeable and the applicable Master Servicer receives an Opinion of Counsel (at the expense
of the Mortgagor to the extent permitted under the Mortgage Loan documents and, if applicable or Companion Loan documents or otherwise
as a Trust Fund expense) to the effect that such use would not be and would not constitute a “significant modification” of
such Mortgage Loan or Companion Loan pursuant to Treasury Regulations Section 1.860G-2(b) and would not otherwise constitute
an Adverse REMIC Event with respect to any Trust REMIC; and provided, further, that the requirements set forth in Section 3.18(h)
(including receipt of any Rating Agency Confirmation) are satisfied; and provided, further, that such securities are backed
by the full faith and credit of the United States government, or the applicable Master Servicer shall obtain Rating Agency Confirmation
from each Rating Agency and a confirmation of any applicable rating agencies that such action will not result in the downgrade, withdrawal
or qualification of its then-current ratings of any class of Serviced Companion Loan Securities (if any) (provided that such
rating agency confirmation may be considered satisfied in the same manner as any Rating Agency Confirmation may be considered satisfied
with respect to the Certificates pursuant to Section 3.25).

Notwithstanding the foregoing,
with respect to (i) all of the Mortgage Loans originated or acquired by Bank of America, National Association that are subject to defeasance
and (ii) all of the Mortgage Loans originated or acquired by Morgan Stanley Mortgage Capital Holdings LLC that are subject to defeasance,
each of Bank of America, National Association and Morgan Stanley Mortgage Capital Holdings LLC, as applicable, has transferred to a third
party or has retained on behalf of itself or an Affiliate the right to establish or designate the successor borrower and/or to purchase
or cause to be purchased the related defeasance collateral, in each case as set forth in the related Mortgage Loan Purchase Agreement
(any such right or obligation, the “Retained Defeasance Rights and Obligations”). In the event the General Master Servicer
receives notice of a defeasance request with respect to a Mortgage Loan for which Bank of America, National Association or Morgan Stanley
Mortgage Capital Holdings LLC, as applicable, is the related Mortgage Loan Seller, which such Mortgage Loan provides for Retained Defeasance
Rights and Obligations in the related Mortgage Loan documents, the Master Servicer shall provide, within five (5) Business Days of receipt
of such notice, written notice of such defeasance request to Bank of America, National Association or Morgan Stanley Mortgage Capital
Holdings LLC, as applicable, in the case of any such Mortgage Loan for which Bank of America, National Association or Morgan Stanley Mortgage
Capital Holdings LLC, as applicable, is the related Mortgage Loan Seller. Until such time as Bank of America, National Association or
Morgan Stanley Mortgage Capital Holdings LLC, as applicable, provides the Master Servicer with written notice to the contrary, the notice
of a defeasance of a Mortgage Loan with Retained Defeasance Rights and Obligations as to which (i) Bank of America, National Association
is the related Mortgage Loan Seller shall be delivered to Bank of America, National Association, One Bryant Park, Mail Code: NY-100-11-07,
New York, New York 10036, Attention: Director of CMBS Securitization, email: leland.f.bunch@bofa.com, with copies to Bank of America
Legal Department, 150 North College Street, Mail Code: NC1-028-28-03, Charlotte, North Carolina 28255, Attention: Paul Kurzeja, Associate
General Counsel, email: paul.kurzeja@bofa.com and cmbsnotices@bofa.com, and Joshua J. Yablonski, Katten Muchin Rosenman
LLP, 550 South Tryon Street, Suite 2900, Charlotte, North Carolina 28202, email: joshua.yablonski@katten.com

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or (ii) Morgan Stanley Mortgage Capital Holdings
LLC is the related Mortgage Loan Seller shall be delivered to Morgan Stanley Mortgage Capital Holdings LLC, 1585 Broadway, New York, New
York 10036, Attention: Jane Lam (with a copy to Morgan Stanley Mortgage Capital Holdings LLC, 1633 Broadway, 29th Floor, New York, New
York 10019, Attention: Legal Compliance Division, and a copy by email to cmbs_notices@morganstanley.com). With respect to any Mortgage
Loan originated or acquired by Bank of America, National Association or Morgan Stanley Mortgage Capital Holdings LLC, as applicable, that
is subject to defeasance, if the successor borrower is not designated or formed by Bank of America, National Association or Morgan Stanley
Mortgage Capital Holdings LLC, as the case may be, or any Affiliate or successor thereto, the successor borrower shall be reasonably acceptable
to the applicable Master Servicer in accordance with the Servicing Standard.

(j)               
If required under the related Mortgage Loan or Companion Loan documents or if otherwise consistent with the Servicing Standard,
the applicable Master Servicer shall establish and maintain one or more accounts (the “Defeasance Accounts”), which
shall be Eligible Accounts, into which all payments received by such Master Servicer from any defeasance collateral substituted for any
Mortgaged Property shall be deposited and retained, and shall administer such Defeasance Accounts in accordance with the Mortgage Loan
or Companion Loan documents. Notwithstanding the foregoing, in no event shall the applicable Master Servicer permit such amounts to be
maintained in the Defeasance Account for a period in excess of ninety (90) days, unless such amounts are reinvested by such Master Servicer
in “government securities,” within the meaning of Section 2(a)(16) of the Investment Company Act of 1940, that comply
with Treasury Regulations Section 1.860G-2(a)(8)(ii). To the extent not required or permitted to be placed in a separate account,
the applicable Master Servicer shall deposit all payments received by it from defeasance collateral substituted for any Mortgaged Property
into the applicable Collection Account and treat any such payments as payments made on the Mortgage Loan or Companion Loan in advance
of its Due Date in accordance with clause (a)(i) of the definition of “Aggregate Available Funds” and not as a
prepayment of the related Mortgage Loan or Companion Loan. Notwithstanding anything herein to the contrary, in no event shall the applicable
Master Servicer permit such amounts to be maintained in the applicable Collection Account for a period in excess of three hundred sixty-five
(365) days (or three hundred sixty-six (366) days in the case of a leap year).

(k)               
Notwithstanding anything to the contrary in this Agreement, neither the applicable Master Servicer nor the applicable Special Servicer,
as the case may be, shall, unless it has received Rating Agency Confirmation from each Rating Agency and a confirmation of any applicable
rating agencies that such action will not result in the downgrade, withdrawal or qualification of its then-current ratings of any
class of Serviced Companion Loan Securities (if any) (provided that such rating agency confirmation may be considered satisfied
in the same manner as any Rating Agency Confirmation may be considered satisfied with respect to the Certificates pursuant to Section 3.25)
(the cost of which shall be paid by the related Mortgagor, if so allowed by the terms of the related loan documents and otherwise paid
out of general collections) grant or accept any consent, approval or direction regarding the termination of the related property manager
or the designation of any replacement property manager, with respect to any Mortgaged Property that secures a Mortgage Loan that (i) is
one of the ten (10) largest Mortgage Loans a by Stated Principal Balance or (ii) has an unpaid principal balance that is at least
equal to 5% of the then-aggregate principal balance of all Mortgage Loans or $35,000,000.

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(l)                
 Notwithstanding anything to the contrary in this Agreement, in connection with any modification, waiver, consent or amendment
in connection with any release of collateral securing any Mortgage Loan in connection with a defeasance of such collateral, the applicable
Special Servicer shall not approve any such modification, waiver or amendment or consent thereto without first having received a copy
of an Opinion of Counsel addressed to such Special Servicer and the applicable Master Servicer that such modification, waiver, consent
or amendment will not cause an Adverse REMIC Event.

(m)            
Notwithstanding any other provisions of this Section 3.18 or Section 3.08, but subject to any related Intercreditor
Agreement, the applicable Master Servicer may, without any Directing Certificateholder’s approval, consent or consultation (except
as otherwise provided below in the definition of “Master Servicer Decision”), Risk Retention Consultation Party’s consultation
or the applicable Special Servicer’s approval, consent or consultation take any of the following actions with respect to Non-Specially
Serviced Loans (and in the case of clause (ix), a Non-Serviced Mortgage Loan) (each such action, a “Master Servicer Decision”):
(i) grant waivers of non-material covenant defaults (other than financial covenants and receipt of financial statements, but
including immaterial timing waivers such as with respect to late financial statements) (except that, other than with respect to any NCB
Co-op Mortgage Loan or any Excluded Loan with respect to the Directing Certificateholder or the holder of the majority of the Controlling
Class, and prior to the occurrence and continuance of a Control Termination Event, the Directing Certificateholder’s consent (or
deemed consent) shall be required to grant timing waivers of more than three (3) consecutive late deliveries of financial statements);
(ii) consents to releases of non-material, non-income producing parcels of a Mortgaged Property that do not materially affect
the use or value of the related Mortgaged Property or the ability of the related Mortgagor to pay amounts due in respect of the Mortgage
Loan as and when due, provided such releases are required by the related Mortgage Loan documents and there is no lender discretion permitted
under the Mortgage Loan documents; (iii) approve or consent to grants of easements or rights of way (including, without limitation,
for utilities, access, parking, public improvements or another purpose) or subordination of the lien of the Mortgage Loan to easements
if the applicable Special Servicer has determined, in accordance with the proviso to the definition of “Special Servicer Decision”,
that such easements or rights of way do not materially affect the use or value of a Mortgaged Property or a Mortgagor’s ability
to make payments with respect to the related Mortgage Loan or any related Companion Loan; (iv) grant subordination, non-disturbance
and attornment agreements and consents involving leasing activities that do not involve a ground lease and affect an area less than or
equal to the lesser of (a) 30% of the net rentable area of the improvements at the Mortgaged Property and (b) 30,000 square
feet of the improvements at the Mortgaged Property, including approval of new leases and amendments to current leases; (v) approve
or consent to actions and releases related to condemnation of parcels of a Mortgaged Property if the applicable Special Servicer has determined,
in accordance with the proviso to the definition of “Special Servicer Decision”, that such condemnation is not with respect
to a material parcel or a material income producing parcel and such condemnation does not materially affect the use or value of the related
Mortgaged Property or the ability of the related Mortgagor to pay amounts due in respect of the related Mortgage Loan or any related Companion
Loan when due; (vi) consent to a change in property management relating to any Mortgage Loan and related Serviced Companion Loan
if the replacement property manager is not a Borrower Party and, other than with respect to any NCB Co-op Mortgage Loan, the Mortgage
Loan has an outstanding principal balance less than $10,000,000; (vii) approve annual operating budgets for Mortgage

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Loans; (viii) grant any extension or enter
into any forbearance with respect to the anticipated refinancing of a Mortgage Loan or sale of a Mortgaged Property after the related
Maturity Date of such Mortgage Loan so long as (A) such extension or forbearance does not extend beyond 120 days after the related
Maturity Date and (B) the related Mortgagor has delivered documentation reasonably satisfactory in form and substance to the applicable
Master Servicer or the applicable Special Servicer, which provides that a refinancing of such Mortgage Loan or sale of the related Mortgaged
Property will occur within 120 days after the date on which such Balloon Payment will become due; (ix) any non-material modification,
amendment, consent to a non-material modification or waiver of any term of any Intercreditor Agreement if the applicable Special Servicer
has determined, in accordance with the proviso to the definition of “Major Decision”, that such modification, amendment or
consent is administrative in nature, including a note splitting amendment, provided, that if any such modification or amendment would
adversely impact the applicable Special Servicer, such modification or amendment will additionally require the consent of the applicable
Special Servicer as a condition to its effectiveness; (x) any determination of Acceptable Insurance Default, except that, prior to
the occurrence and continuance of a Control Termination Event and other than in the case of any Excluded Loan as to the Directing Certificateholder
or the holder of the majority of the Controlling Class, the Directing Certificateholder’s consent (or deemed consent) shall be required
in accordance with this Agreement for any such determination; (xi) approve or consent to any defeasance of the related Mortgage Loan
or Serviced Companion Loan other than agreeing to (A) a modification of the type of defeasance collateral required under the Mortgage
Loan or Serviced Whole Loan documents other than direct, non-callable obligations of the United States would be permitted or (B) a
modification that would permit a principal prepayment instead of defeasance if the Mortgage Loan or Serviced Whole Loan documents do not
otherwise permit such principal prepayment; (xii) any determination to bring a Mortgaged Property into compliance with applicable environmental
laws or to otherwise address hazardous material located at a Mortgaged Property subject, prior to the occurrence and continuance of a
Control Termination Event and other than with respect to any Excluded Loan as to the Directing Certificateholder or the holder of the
majority of the Controlling Class, to the consent (or deemed consent) of the Directing Certificateholder, (xiii) any transfer of the Mortgaged
Property that the Mortgage Loan documents allow without the consent of the lender but subject to satisfaction of conditions specified
in the Mortgage Loan documents where no lender discretion is necessary in order to determine if such conditions are satisfied; (xiv) with
respect to NCB Co-op Mortgage Loans, consent to the related Mortgagor incurring subordinate debt secured by the related Mortgaged Property,
subject to the satisfaction of the NCB Subordinate Debt Conditions with respect to such subordinate debt; (xv) to the extent not a Major
Decision or a Special Servicer Decision pursuant to clause (x) of the definition of “Major Decision” or clause (iii)
of the definition of “Special Servicer Decision”, respectively, approve any requests for the funding or disbursement of amounts
from any escrow accounts, reserve funds or letters of credit held as “performance”, “earn-out”, “holdback”
or similar escrows or reserves where such request is for the funding or disbursement of ordinary course impounds, repair and replacement
reserves, lender approved budget and operating expenses, and tenant improvements pursuant to an approved lease, or in the case of any
NCB Co-op Mortgage Loan, any other escrow funds, reserve funds or other additional collateral with respect to such Mortgage Loan, each
in accordance with the Mortgage Loan documents (all such fundings and disbursements being collectively referred to as “Routine
Disbursements”) or any other funding or disbursement as mutually agreed upon by the applicable Master Servicer and the applicable
Special Servicer; provided, however, that in the case

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of any Mortgage Loan (other than an NCB Co-op
Mortgage Loan) whose escrows, reserves, holdbacks and related letters of credit exceed, in the aggregate, at the related origination date,
10% of the initial principal balance of such Mortgage Loan (which Mortgage Loans are identified on Schedule 3 hereto), no such
funding or disbursement of such escrows, reserves, holdbacks or letters of credit will be deemed to constitute a Routine Disbursement,
and will instead constitute Special Servicer Decisions, except for the routine funding of tax payments and insurance premiums when due
and payable and except for any such funding or disbursement as to which the related Mortgage Loan documents do not provide for lender
discretion; and (xvi) grant or agree to any other waiver, modification, amendment and/or consent that does not constitute a Major Decision
or a Special Servicer Decision; provided that (w) any such action would not in any way affect a payment term of the Certificates,
(x) any such action would not constitute a “significant modification” of such Mortgage Loan or Companion Loan pursuant
to Treasury Regulations Section 1.860G-2(b) and would not otherwise cause either Trust REMIC to fail to qualify as a REMIC for
federal income tax purposes (as evidenced by an Opinion of Counsel (at the expense of the Trust to the extent not reimbursed or paid by
the related Mortgagor), to the extent requesting such opinion is consistent with the Servicing Standard), (y) agreeing to such action
would be consistent with the Servicing Standard, and (z) agreeing to such action would not violate the terms, provisions or limitations
of this Agreement or any Intercreditor Agreement; provided, further, that, with respect to any Serviced AB Whole Loan if an AB Control
Appraisal Period is not in effect with regard to such Serviced AB Whole Loan, the foregoing matters shall not include (and Master Servicer
Decision shall not include) any action that constitutes a “major decision” under the related Intercreditor Agreement. In the
case of any Master Servicer Decision that requires the consent of the Directing Certificateholder, such consent shall be deemed given
if a response to the request for consent is not provided within ten (10) Business Days after receipt of the applicable Master Servicer’s
written recommendation and analysis and all information reasonably requested by the Directing Certificateholder, and reasonably available
to the applicable Master Servicer in order to grant or withhold such consent. In connection with the processing by the applicable Master
Servicer of any Master Servicer Decision, after completion thereof, the applicable Master Servicer shall deliver notice thereof to the
Special Servicer (and the Special Servicer shall promptly, prior to the occurrence and continuance of a Consultation Termination Event
and other than in respect of any Excluded Loan as to the Directing Certificateholder or the Holder of the majority of the Controlling
Class, deliver notice thereof to the Directing Certificateholder, except to the extent that the Directing Certificateholder notifies the
Special Servicer that the Directing Certificateholder does not desire to receive copies of such items) and the Risk Retention Consultation
Party (other than with respect to any Excluded Loan as to such party). The foregoing is intended to be an itemization of actions the applicable
Master Servicer may take without having to obtain the approval of any other party and is not intended to limit the responsibilities of
the applicable Master Servicer hereunder.

(n)              
No Master Servicer or Special Servicer shall modify any Mortgage Loan into an AB Modified Loan unless the documents evidencing
such modification provide that all payments on the junior or “B” portion of such AB Modified Loan (including interest, principal
and other amounts) shall only be payable after the point in time at which all interest and principal on the senior or “A”
portion of such AB Modified Loan shall have been paid in full and such senior or “A” portion shall no longer be outstanding;
provided, however, that interest and other amounts in respect of such junior or “B” portion may accrue prior
to such point in time.

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In addition to the foregoing,
the applicable Special Servicer shall be allowed to grant a forbearance only if (i) prior to September 30, 2021 (or prior to such later
date as may be provided by the Internal Revenue Service in any future guidance), the period of forbearance granted, when added to any
prior periods of forbearance granted before or after the Trust acquired such Mortgage Loan (whether or not such prior grants of forbearance
were covered by Revenue Procedure 2020-26 (as extended by Revenue Procedure 2021-12 and any future guidance)), does not exceed six (6)
months (or such longer period of time as may be allowed by future guidance that is binding on federal income tax authorities) or the applicable
forbearance program pursuant to which the related forbearance was granted is otherwise identical or similar to those described in Section
2.07 of Revenue Procedure 2020-26 and such forbearance is covered by Revenue Procedure 2020-26 (as extended by Revenue Procedure 2021-12
and any future guidance), (ii) such forbearance is permitted under this Agreement and the requirements under the applicable provision
are satisfied, or (iii) an Opinion of Counsel is delivered to the effect that such forbearance will not result in an Adverse REMIC Event.

Section 3.19       
Transfer of Servicing Between Master Servicers and Special Servicers; Recordkeeping; Asset Status Report. (a)
Upon determining that a Servicing Transfer Event has occurred with respect to any Serviced Mortgage Loan or Serviced Companion Loan,
the applicable Master Servicer or the applicable Special Servicer, as the case may be, shall promptly give notice to the applicable Master
Servicer or the applicable Special Servicer, as the case may be, the Operating Advisor and the Directing Certificateholder (in the case
of the Directing Certificateholder, (i) prior to the occurrence and continuance of a Consultation Termination Event and (ii) other
than with respect to any Excluded Loan as to such party) thereof, and the applicable Master Servicer shall deliver the related Mortgage
File and Servicing File to the applicable Special Servicer and concurrently provide a copy of such Servicing File, exclusive of all Privileged
Communications, to the Operating Advisor. The applicable Master Servicer shall use its reasonable efforts to provide the applicable Special
Servicer with all documents and records (including records stored electronically on computer tapes, magnetic discs and the like) relating
to such Mortgage Loan and, if applicable, the related Serviced Companion Loan, either in the applicable Master Servicer’s possession
or otherwise available to such Master Servicer without undue burden or expense, and reasonably requested by the applicable Special Servicer
to enable it to assume its functions hereunder with respect thereto. Such Master Servicer shall use its reasonable efforts to comply
with the preceding sentence within five (5) Business Days of the occurrence of each related Servicing Transfer Event (or, in the case
of clauses (iii), (iv), (viii) or (ix) of the definition of Servicing Transfer Event, within five (5) Business
Days of receiving notice from the applicable Special Servicer of such Servicing Transfer Event when such Special Servicer makes the determination)
and in any event shall continue to act as Master Servicer and administrator of such Mortgage Loan and, if applicable, the related Serviced
Companion Loan until such Special Servicer has commenced the servicing of such Mortgage Loan and, if applicable, the related Serviced
Companion Loan. The applicable Master Servicer shall deliver to the Trustee, the Certificate Administrator, the Operating Advisor, the
Directing Certificateholder (with respect to the Directing Certificateholder (i) prior to the occurrence and continuance of a
Consultation Termination Event and (ii) other than with respect to any Excluded Loan as to such party), a copy of the notice of
such Servicing Transfer Event provided by the applicable Master Servicer to the applicable Special Servicer, or by the applicable Special
Servicer to the applicable Master Servicer, pursuant to this Section 3.19. Prior to the occurrence and continuance of a
Consultation Termination Event, the Certificate Administrator shall deliver to each Controlling Class

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Certificateholder a copy of the notice of such
Servicing Transfer Event provided by the applicable Master Servicer pursuant to this Section 3.19.

Upon determining that a Specially
Serviced Loan (other than an REO Loan) has become current and has remained current for three (3) consecutive Periodic Payments (provided
that (i) no additional Servicing Transfer Event is foreseeable in the reasonable judgment of the applicable Special Servicer, and
(ii) for such purposes taking into account any modification or amendment of such Mortgage Loan and, if applicable, the related Companion
Loan), and that no other Servicing Transfer Event is continuing with respect thereto, the applicable Special Servicer shall immediately
give notice thereof to the applicable Master Servicer, the Operating Advisor, the related Serviced Companion Noteholder (unless with respect
to an AB Subordinate Companion Loan an AB Control Appraisal Period is in effect) and the Directing Certificateholder (with respect to
the Directing Certificateholder, (i) prior to the occurrence and continuance of a Consultation Termination Event and (ii) other
than with respect to any Excluded Loan as to such party) and shall return the related Mortgage File and Servicing File to the applicable
Master Servicer (or copies thereof if copies only were delivered to the applicable Special Servicer) and upon giving such notice, and
returning such Mortgage File and Servicing File to such Master Servicer, such Special Servicer’s obligation to service such Corrected
Loan shall terminate and the obligations of such Master Servicer to service and administer such Mortgage Loan and, if applicable, the
related Companion Loan shall recommence.

(b)              
In servicing any Specially Serviced Loans and Serviced Companion Loans, the applicable Special Servicer will provide to the Custodian
originals of documents included within the definition of “Mortgage File” for inclusion in the related Mortgage File to the
extent within its possession (with a copy of each such original to the applicable Master Servicer), and provide the applicable Master
Servicer with copies of any additional related Mortgage Loan or Serviced Companion Loan information including correspondence with the
related Mortgagor.

(c)              
Notwithstanding the provisions of Section 3.12(c), the applicable Master Servicer shall maintain ongoing payment records
with respect to each of the Specially Serviced Loans, Serviced Companion Loans and REO Properties (other than with respect to a Non-Serviced
Mortgage Loan) and shall provide the applicable Special Servicer with any information in its possession with respect to such records to
enable such Special Servicer to perform its duties under this Agreement; provided that this statement shall not be construed to
require such Master Servicer to produce any additional reports.

(d)              
No later than sixty (60) days after a Servicing Transfer Event for a Serviced Mortgage Loan and, if applicable, the related Companion
Loan, the applicable Special Servicer shall deliver in electronic format a report (the “Asset Status Report”) with
respect to such Mortgage Loan and related Companion Loan, if applicable, and the related Mortgaged Property to the applicable Master Servicer,
the Directing Certificateholder (but with respect to the Directing Certificateholder, only in respect of any Mortgage Loan other than
(A) any Excluded Loan as to such party or (B) any Serviced AB Whole Loan if an AB Control Appraisal Period is not in effect, and in any
event prior to the occurrence and continuance of a Consultation Termination Event), any related Subordinate Companion Holder if an AB
Control Appraisal Period is not in effect with respect to any Serviced AB Whole Loan, the Risk Retention Consultation Party (but only
with respect to any Mortgage Loan other than an Excluded Loan as to such party), the Operating

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Advisor (but, other than with respect to an
Excluded Loan with respect to the Directing Certificateholder or the Holder of the majority of the Controlling Class, only after the occurrence
and during the continuance of a Control Termination Event and, with respect to any Serviced AB Whole Loan, only to the extent that such
Whole Loan is subject to an AB Control Appraisal Period) and the 17g-5 Information Provider (which shall promptly post such report
on the 17g-5 Information Provider’s Website in accordance with Section 3.13(c)) and, with respect to any related
Serviced Companion Loan, to the related Companion Holder or, to the extent the related Serviced Companion Loan has been included in an
Other Securitization, to the applicable master servicer of such Other Securitization into which the related Serviced Companion Loan has
been sold; the applicable Special Servicer shall also deliver a summary of each Final Asset Status Report to the Certificate Administrator
and the Certificate Administrator shall post the summary of the Final Asset Status Report to the Certificate Administrator’s Website.
Each Final Asset Status Report shall be labeled or otherwise identified or communicated as being final by the applicable Special Servicer.
For the avoidance of doubt, no Master Servicer shall make any Asset Status Reports available to any Certificateholders on its website.
None of the parties to this Agreement shall provide any Asset Status Report or any Final Asset Status Report to the Certificate Administrator.
The applicable Special Servicer shall notify the Operating Advisor of whether any Asset Status Report delivered to the Operating Advisor
is a Final Asset Status Report, which notification may be satisfied by (i) delivery of an Asset Status Report that is either signed by
the Directing Certificateholder or that otherwise includes an indication that such Asset Status Report is deemed approved due to the passage
of any required consent or consultation time period or (ii) such other method as reasonably agreed to by the Operating Advisor and the
applicable Special Servicer. Further, the Certificate Administrator shall not request any Asset Status Report or Final Asset Status Report
from any Master Servicer. Such Asset Status Report shall set forth the following information to the extent reasonably determinable based
on the information that was delivered to the applicable Special Servicer in connection with the transfer of servicing pursuant to the
Servicing Transfer Event:

(i)                
a summary of the status of such Specially Serviced Loan and any negotiations with the related Mortgagor;

(ii)               
a discussion of the legal and environmental considerations reasonably known to the applicable Special Servicer, consistent with
the Servicing Standard, that are applicable to the exercise of remedies as aforesaid and to the enforcement of any related guaranties
or other collateral for the related Mortgage Loan (and any related Serviced Companion Loan) and whether outside legal counsel has been
retained;

(iii)           
the most current rent roll (or with respect to residential cooperative properties, maintenance schedule), and income or operating
statement available for the related Mortgaged Property;

(iv)             
(A) the applicable Special Servicer’s recommendations on how such Specially Serviced Loan might be returned to performing
status (including the modification of a monetary term, and any workout, restructure or debt forgiveness) and returned to the applicable
Master Servicer for regular servicing or otherwise realized upon (including any proposed sale of a Defaulted Loan or REO Property), (B)
a description of any such proposed or taken actions, and (C) the alternative courses of action that were or are being

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considered by the applicable Special
Servicer in connection with the proposed or taken actions;

(v)             
the status of any foreclosure actions or other proceedings undertaken with respect to such Specially Serviced Loan, any proposed
workouts and the status of any negotiations with respect to such workouts, and an assessment of the likelihood of additional defaults
under the related Mortgage Loan or Serviced Whole Loan;

(vi)             
a description of any amendment, modification or waiver of a material term of any ground lease (or any space lease or air rights
lease, if applicable) or franchise agreement;

(vii)           
the decision that the applicable Special Servicer made, or intends or proposes to make, including a narrative analysis setting
forth such Special Servicer’s rationale for its proposed decision, including its rejection of the alternatives;

(viii)          
an analysis of whether or not taking such proposed action is reasonably likely to produce a greater recovery on a present value
basis than not taking such action, setting forth (x) the basis on which the applicable Special Servicer made such determination and
(y) the net present value calculation and all related assumptions;

(ix)              
the appraised value of the related Mortgaged Property (and a copy of the last obtained Appraisal of such Mortgaged Property) together
with a description of any adjustments to the valuation of such Mortgaged Property made by the applicable Special Servicer together with
an explanation of those adjustments; and

(x)                 
such other information as the applicable Special Servicer deems relevant in light of the Servicing Standard.

If within ten (10) Business
Days of receiving an Asset Status Report, the Directing Certificateholder does not disapprove such Asset Status Report in writing or if
the applicable Special Servicer makes a determination, in accordance with the Servicing Standard that the disapproval by the Directing
Certificateholder (communicated to the applicable Special Servicer within ten (10) Business Days) is not in the best interest of all the
Certificateholders and the holder of any related Companion Loan, as a collective whole (taking into account the pari passu or subordinate
nature of any Companion Loan), the applicable Special Servicer shall implement the recommended action as outlined in such Asset Status
Report; provided, however, that the applicable Special Servicer may not take any action that is contrary to applicable law,
the Servicing Standard or the terms of the applicable Mortgage Loan documents. If, with respect to any Mortgage Loan other than an Excluded
Loan with respect to the Directing Certificateholder or the Holder of the majority of the Controlling Class, prior to the occurrence and
continuance of any Control Termination Event, the Directing Certificateholder disapproves such Asset Status Report within ten (10) Business
Days of receipt and the applicable Special Servicer has not made the affirmative determination described above, the applicable Special
Servicer shall revise such Asset Status Report and deliver a new Asset Status Report as soon as practicable, but in no event later than
thirty (30) days after such disapproval, to the applicable Master Servicer, the Directing Certificateholder (prior to the occurrence and
continuance of a Consultation Termination Event

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and, in the case of a Serviced AB Whole Loan,
only prior to the occurrence and continuance of a Consultation Termination Event and if an AB Control Appraisal Period is in effect with
respect to the related AB Subordinate Companion Loan), the Operating Advisor (but only after the occurrence and during the continuance
of a Control Termination Event) and the 17g-5 Information Provider (which shall promptly post such report on the 17g-5 Information
Provider’s Website in accordance with Section 3.13(c)). With respect to any Mortgage Loan other than an Excluded Loan
with respect to the Directing Certificateholder or the Holder of the majority of the Controlling Class, prior to the occurrence and continuance
of any Control Termination Event, the applicable Special Servicer shall revise such Asset Status Report as described above in this Section 3.19(d)
until the Directing Certificateholder shall fail to disapprove such revised Asset Status Report in writing within ten (10) Business Days
of receiving such revised Asset Status Report or until the applicable Special Servicer makes a determination, in accordance with the Servicing
Standard, that the disapproval is not in the best interests of the Certificateholders and the holder of any related Companion Loan, as
a collective whole (taking into account the pari passu or subordinate nature of any Companion Loan); provided that, if the
Directing Certificateholder has not approved the Asset Status Report for a period of sixty (60) Business Days following the first submission
of an Asset Status Report, the applicable Special Servicer may act upon the most recently submitted form of Asset Status Report, if consistent
with the Servicing Standard; provided, however, that such Asset Status Report does not, and is not intended to be, a substitute
for the approvals that are specifically required pursuant to Section 6.08. Each Special Servicer may, from time to time, modify
any Asset Status Report it has previously delivered and implement such report; provided that such report shall have been prepared,
reviewed and not rejected pursuant to the terms of this Section 3.19(d). Notwithstanding anything herein to the contrary,
with respect to any Excluded Loan with respect to the Directing Certificateholder or the Holder of the majority of the Controlling Class
(regardless of whether a Control Termination Event has occurred and is continuing), the applicable Special Servicer shall consult with
the Operating Advisor, on a non-binding basis, in connection with an Asset Status Report for an Excluded Loan with respect to the Directing
Certificateholder or the Holder of the majority of the Controlling Class that includes a Major Decision and consider alternative actions
recommended by the Operating Advisor, in respect thereof, in accordance with the procedures set forth in Section 6.08 for
consulting with the Operating Advisor.

No direction or disapproval
of the Directing Certificateholder hereunder or under a related Intercreditor Agreement or failure of the Directing Certificateholder
to consent to or approve (including any deemed consents or approvals) any request of the applicable Special Servicer, shall (a) require
or cause the applicable Special Servicer to violate the terms of a Specially Serviced Loan, applicable law or any provision of this Agreement,
including the applicable Special Servicer’s obligation to act in accordance with the Servicing Standard and to maintain the REMIC
status of each Trust REMIC and the grantor trust status of the Grantor Trust, or (b) result in the imposition of a “prohibited
transaction” or “prohibited contribution” tax under the REMIC Provisions, or (c) expose the applicable Master Servicer,
the applicable Special Servicer, the Depositor, the Operating Advisor, the Mortgage Loan Sellers, the Trust, the Trustee, the Certificate
Administrator or their respective officers, directors, members, employees or agents to any claim, suit or liability or (d) materially
expand the scope of the applicable Special Servicer’s, the Trustee’s or the applicable Master Servicer’s responsibilities
under this Agreement.

    	 	-293-	 

     

    

Prior to the occurrence and
continuance of a Control Termination Event, the applicable Special Servicer shall deliver each Final Asset Status Report to the Operating
Advisor promptly following the approval or deemed approval of the Directing Certificateholder.

If a Control Termination
Event has occurred and is continuing (or, with respect to a Serviced AB Whole Loan, if both a Control Termination Event has occurred and
is continuing and an AB Control Appraisal Period is in effect), the applicable Special Servicer shall promptly deliver each Asset Status
Report prepared in connection with a Specially Serviced Loan to the Operating Advisor (and the Directing Certificateholder (if no Consultation
Termination Event has occurred and is continuing and such Specially Serviced Loan is not an Excluded Loan as to such party)). The Operating
Advisor shall provide comments to the applicable Special Servicer in respect of the Asset Status Report, if any, within ten (10) Business
Days following the later of (i) receipt of such Asset Status Report or (ii) receipt of such additional information reasonably
requested by the Operating Advisor related thereto, and propose possible alternative courses of action to the extent it determines such
alternatives to be in the best interest of the Certificateholders (including any Certificateholders that are holders of the Control Eligible
Certificates), as a collective whole. The applicable Special Servicer shall consider such alternative courses of action and any other
feedback provided by the Operating Advisor (and the Directing Certificateholder (in each case, if no Consultation Termination Event has
occurred and is continuing and such Specially Serviced Loan is not an Excluded Loan as to such party or a Non-Serviced Mortgage Loan))
in connection with the applicable Special Servicer’s preparation of any Asset Status Report. The applicable Special Servicer may
revise the Asset Status Report as it deems necessary to take into account any input and/or comments from the Operating Advisor (and the
Directing Certificateholder (if no Consultation Termination Event has occurred and is continuing and such Specially Serviced Loan is not
an Excluded Loan as to such party)), to the extent the applicable Special Servicer determines that the Operating Advisor’s and/or
Directing Certificateholder’s input and/or recommendations are consistent with the Servicing Standard and in the best interest of
the Certificateholders as a collective whole (or, with respect to a Serviced Whole Loan, the best interest of the Certificateholders and
the holders of the related Companion Loan, as a collective whole (taking into account the pari passu or subordinate nature of such Companion
Loan)). Promptly upon determining whether or not to revise any Asset Status Report to take into account any input and/or comments from
the Operating Advisor or the Directing Certificateholder, the applicable Special Servicer shall revise the Asset Status Report, if applicable,
and deliver to the Operating Advisor and the Directing Certificateholder the revised Asset Status Report (until a Final Asset Status Report
is issued) or provide notice that the Special Servicer has decided not to revise such Asset Status Report, as applicable.

After the occurrence and
during the continuance of a Control Termination Event (and at any time with respect to any Excluded Loan with respect to the Directing
Certificateholder or the Holder of the majority of the Controlling Class), the Directing Certificateholder shall have no right to consent
to any Asset Status Report under this Section 3.19. After the occurrence and during the continuance of a Control Termination
Event but prior to the occurrence and continuance of a Consultation Termination Event, the Directing Certificateholder (except with respect
to any Excluded Loan as to such party or any Serviced AB Whole Loan if an AB Control Appraisal Period is not in effect) and the Operating
Advisor shall consult with the applicable Special Servicer and propose alternative courses of action and provide other feedback in respect
of any Asset Status Report. The Directing Certificateholder (other than in its capacity as a Certificateholder) (in each

    	 	-294-	 

     

    

case, after the occurrence and during the continuance
of a Consultation Termination Event (and at any time with respect to any Excluded Loan as to such party)), shall have no right to receive
any Asset Status Report or otherwise consult with the applicable Special Servicer with respect to Asset Status Reports and the applicable
Special Servicer shall only be obligated to consult with the Operating Advisor with respect to any Asset Status Report as described above.
The applicable Special Servicer may choose to revise the Asset Status Report as it deems reasonably necessary in accordance with the Servicing
Standard to take into account any input and/or recommendations of the Operating Advisor or the Directing Certificateholder during the
applicable periods described above, but is under no obligation to follow any particular recommendation of the Operating Advisor or the
Directing Certificateholder.

Notwithstanding the foregoing,
if an AB Control Appraisal Period is not in effect with respect to an AB Subordinate Companion Loan, the applicable Special Servicer shall
prepare an Asset Status Report for any Serviced AB Whole Loan, upon it becoming a Specially Serviced Loan pursuant to this Agreement and
the related Intercreditor Agreement, but the Directing Certificateholder will have no approval rights over any such Asset Status Report,
and the consent or approval rights with respect to such Asset Status Report shall be as set forth in the related Intercreditor Agreement.

The consent and consultation
rights of the Directing Certificateholder, the Risk Retention Consultation Party and the Operating Advisor with respect to Asset Status
Reports are subject to the provisions of Section 6.08.

(e)              
 (i)Upon receiving notice of the occurrence of the events described in clause (iv) or (ix) of the definition
of Servicing Transfer Event (without regard to the 60-day period set forth therein), the applicable Master Servicer shall with reasonable
promptness give notice thereof, and shall use its reasonable efforts to provide the applicable Special Servicer with all information relating
to the Mortgage Loan or Serviced Companion Loan and reasonably requested by such Special Servicer to enable it to negotiate with the related
Mortgagor. The applicable Master Servicer shall use its reasonable efforts to comply with the preceding sentence within five (5) Business
Days of the occurrence of each such event.

(ii)               
After the occurrence and during the continuance of a Control Termination Event, upon receiving notice of the occurrence of an event
described in clause (iv) or (ix) of the definition of Servicing Transfer Event (without regard to the 60-day period
set forth therein), the applicable Master Servicer shall deliver notice thereof to the Operating Advisor at the same time such notice
is provided to the applicable Special Servicer pursuant to clause (i) above.

(f)               
Prior to the occurrence and continuance of a Control Termination Event, no later than two (2) Business Days following the establishment
of a Final Asset Status Report with respect to any Specially Serviced Loan, the applicable Special Servicer shall deliver in electronic
format to the Directing Certificateholder (other than with respect to any Excluded Loan as to such party) a draft notice that will include
a draft summary of the Final Asset Status Report (which briefly summarizes such Final Asset Status Report, but shall not include any Privileged
Information) (and shall deliver each Asset Status Report with respect to a Serviced AB Mortgage Loan if an AB Control Appraisal Period
is not in effect (to the extent approved by the related AB

    	 	-295-	 

     

    

Whole Loan Controlling Holder), to the Directing
Certificateholder). With respect to any Mortgage Loan other than an Excluded Loan with respect to the Directing Certificateholder or the
Holder of the majority of the Controlling Class, if, prior to the occurrence and continuance of a Control Termination Event, within five
(5) Business Days of receipt of such draft summary, the Directing Certificateholder approves of, or does not disapprove of such draft
summary, then the applicable Special Servicer shall deliver in electronic format such notice and summary of the Final Asset Status Report
to the Certificate Administrator for posting on the Certificate Administrator’s Website pursuant to Section 3.13(b).
If the Directing Certificateholder affirmatively disapproves of such summary in writing, then within two (2) Business Days of receipt
of such disapproval, the applicable Special Servicer shall revise the summary and deliver such new summary to the Directing Certificateholder
until the Directing Certificateholder approves such draft summary; provided, however, that if the Directing Certificateholder
has not approved of the draft summary of the Final Asset Status Report within twenty (20) Business Days of receipt of the initial draft
summary of the Final Asset Status Report, then the most recent draft summary of the Final Asset Status Report delivered by the applicable
Special Servicer prior to such twentieth (20th) Business Day shall be deemed to be the final summary of the Final Asset Status Report;
provided, further, however, that if at any time the applicable Special Servicer determines that any affirmative disapproval
of such draft summary by the Directing Certificateholder is not in the best interest of all the Certificateholders and the holder of any
related Companion Loan, as a collective whole (taking into account the pari passu or subordinate nature of any Companion Loan),
pursuant to the Servicing Standard, the applicable Special Servicer shall deliver in electronic format such notice and summary of the
Final Asset Status Report to the Certificate Administrator for posting on the Certificate Administrator’s Website pursuant to Section 3.13(b)
notwithstanding such disapproval. The applicable Special Servicer shall promptly deliver (but in any event no later than two (2) Business
Days following its completion) a copy of each Final Asset Status Report to the Operating Advisor. The applicable Special Servicer shall
prepare a summary of any Final Asset Status Report related to any Serviced AB Whole Loan for which the related holder of an AB Subordinate
Companion Loan is not subject to an AB Control Appraisal Period, which Final Asset Status Report has been approved or deemed approved
by the holder of the related AB Subordinate Companion Loan in accordance with the related Intercreditor Agreement (to the extent such
Intercreditor Agreement requires such approval or deemed approval), and deliver in electronic format notice of such Final Asset Status
Report and the summary of such Final Asset Status Report to the Certificate Administrator for posting on the Certificate Administrator’s
Website pursuant to Section 3.13(b).

(g)              
No provision of this Section 3.19 shall require a Special Servicer to take or to refrain from taking any action because
of any proposal, objection or comment by the Operating Advisor or a recommendation of the Operating Advisor.

Section 3.20       
Sub-Servicing Agreements. (a) Each Master Servicer and each Special
Servicer may enter into Sub-Servicing Agreements to provide for the performance by third parties of any or all of its respective obligations
hereunder; provided that the Sub-Servicing Agreement as amended or modified: (i) is consistent with this Agreement in
all material respects and requires the Sub-Servicer to comply with all of the applicable conditions of this Agreement; (ii) provides
that if the applicable Master Servicer or the applicable Special Servicer, as the case may be, shall for any reason no longer act in such
capacity hereunder (including, without limitation, by reason of a Servicer Termination Event), the Trustee or its designee shall thereupon

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assume all of the rights and, except to the
extent they arose prior to the date of assumption, obligations of such party under such agreement, or, alternatively, may act in accordance
with Section 7.02 under the circumstances described therein (subject to Section 3.20(g)); (iii) provides
that the Trustee (for the benefit of the Certificateholders and the related Companion Holder (if applicable)) and the Trustee (as holder
of the Lower-Tier Regular Interests) shall be a third party beneficiary under such Sub-Servicing Agreement, but that (except to the
extent the Trustee or its designee assumes the obligations of such party thereunder as contemplated by the immediately preceding clause (ii))
none of the Trust, the Trustee, the Operating Advisor, the Certificate Administrator, any Master Servicer or any Special Servicer, as
applicable, (other than the applicable Master Servicer or applicable Special Servicer that enters into such Sub-Servicing Agreement) any
successor master servicer or successor special servicer or any Certificateholder (or the related Companion Holder, if applicable) shall
have any duties under such Sub-Servicing Agreement or any liabilities arising therefrom; (iv) permits any purchaser of a Mortgage
Loan pursuant to this Agreement to terminate such Sub-Servicing Agreement with respect to such purchased Mortgage Loan at its option
and without penalty; provided, however, that the Initial Sub-Servicing Agreements may only be terminated by the Trustee
or its designees as contemplated by Section 3.20(g) and in such additional manner and by such other Persons as is provided
in such Sub-Servicing Agreement; (v) does not permit the Sub-Servicer any direct rights of indemnification that may be satisfied
out of assets of the Trust except through the applicable Master Servicer or the applicable Special Servicer, as the case may be, if and
only to the extent provided pursuant to Section 6.04; (vi) does not permit the Sub-Servicer to modify any Mortgage
Loan unless and to the extent the applicable Master Servicer or the applicable Special Servicer, as the case may be, is permitted hereunder
to modify such Mortgage Loan; (vii) does not permit the Sub-Servicer to take any action constituting a Major Decision without the consent
of the applicable Master Servicer or the applicable Special Servicer, as applicable (which consent shall not be granted except in accordance
with Section 6.08); (viii) with respect to any Sub-Servicing Agreement entered into after the Closing Date, if such Sub-Servicer
is a Servicing Function Participant or an Additional Servicer, such Sub-Servicer, at the time the related Sub-Servicing Agreement is entered
into, is not a Prohibited Party and (ix) provides that the Sub-Servicer shall be in default under the related Sub-Servicing Agreement
and such Sub-Servicing Agreement shall be terminated (following the expiration of any applicable grace period) if the Sub-Servicer
fails (A) to deliver by the due date any Exchange Act reporting items required to be delivered to the applicable Master Servicer,
the Certificate Administrator or the Depositor under Article XI or under the Sub-Servicing Agreement or to the applicable
master servicer under any other pooling and servicing agreement that the Depositor is a party to, or (B) to perform in any material
respect any of its covenants or obligations contained in the Sub-Servicing Agreement regarding creating, obtaining or delivering any
Exchange Act reporting items required for any party to this Agreement to perform its obligations under Article XI or under
the Exchange Act reporting items required under any other pooling and servicing agreement that the Depositor is a party to. Any successor
master servicer or successor special servicer, as applicable, hereunder shall, upon becoming a successor master servicer or successor
special servicer, as applicable, be assigned and may assume any Sub-Servicing Agreements from the applicable predecessor Master Servicer
or Special Servicer, as the case may be (subject to Section 3.20(g)). In addition, each Sub-Servicing Agreement entered
into by the applicable Master Servicer may but need not provide that the obligations of the Sub-Servicer thereunder may terminate
with respect to any Mortgage Loan serviced thereunder at the time such Mortgage Loan becomes a Specially Serviced Loan; provided,

    	 	-297-	 

     

    

however, that the Sub-Servicing
Agreement may provide (if the Sub-Servicing Agreement provides for Advances by the Sub-Servicer, although it need not so provide)
that the Sub-Servicer will continue to make all Advances and calculations and prepare all reports required under the Sub-Servicing
Agreement with respect to Specially Serviced Loans and continue to collect its Primary Servicing Fees as if no Servicing Transfer Event
had occurred and with respect to REO Properties (and the related REO Loans) as if no REO Acquisition had occurred and to render such incidental
services with respect to such Specially Serviced Loans and REO Properties as are specifically provided for in such Sub-Servicing Agreement.
The applicable Master Servicer or applicable Special Servicer, as the case may be, shall deliver to the Trustee copies of all Sub-Servicing
Agreements, and any amendments thereto and modifications thereof, entered into by it, in each case promptly upon its execution and delivery
of such documents. References in this Agreement to actions taken or to be taken by the applicable Master Servicer include actions taken
or to be taken by a Sub-Servicer on behalf of each Master Servicer; and, in connection therewith, all amounts advanced by any Sub-Servicer
(if the Sub-Servicing Agreement provides for Advances by the Sub-Servicer, although it need not so provide) to satisfy the obligations
of the applicable Master Servicer hereunder to make Advances shall be deemed to have been advanced by the applicable Master Servicer out
of its own funds and, accordingly, in such event, such Advances shall be recoverable by such Sub-Servicer in the same manner and out
of the same funds as if such Sub-Servicer were the applicable Master Servicer, and, for so long as they are outstanding, such Advances
shall accrue interest in accordance with Section 3.03(d), such interest to be allocable between the applicable Master Servicer
and such Sub-Servicer as may be provided (if at all) pursuant to the terms of the Sub-Servicing Agreement. For purposes of this
Agreement, each Master Servicer shall be deemed to have received any payment when a Sub-Servicer retained by it receives such payment.
The applicable Master Servicer or the applicable Special Servicer, as the case may be, shall notify the applicable Master Servicer or
the applicable Special Servicer, as the case may be, the Trustee and the Depositor (and such Special Servicer shall notify the Operating
Advisor) in writing promptly of the appointment by it of any Sub-Servicer, except that a Master Servicer need not provide such notice
as to the Initial Sub-Servicing Agreements.

(b)              
Each Sub-Servicer shall be authorized to transact business in the state or states in which the related Mortgaged Properties
it is to service are situated, if and to the extent required by applicable law to the extent necessary to ensure the enforceability of
the related Mortgage Loans or the compliance with its obligations under the Sub-Servicing Agreement and the applicable Master Servicer’s
obligations under this Agreement.

(c)              
As part of its servicing activities hereunder, the applicable Master Servicer and the applicable Special Servicer for the benefit
of the Trustee and the Certificateholders, shall (at no expense to the Trustee, the Certificateholders or the Trust) monitor the performance
and enforce the obligations of each of its Sub-Servicers under the related Sub-Servicing Agreement, except that the applicable
Master Servicer shall be required only to use reasonable efforts to cause any Initial Sub-Servicer to comply with the requirements
of Article XI. Such enforcement, including, without limitation, the legal prosecution of claims, termination of Sub-Servicing
Agreements in accordance with their respective terms and the pursuit of other appropriate remedies, shall be in such form and carried
out to such an extent and at such time as is in accordance with the Servicing Standard. The applicable Master Servicer shall have the
right to remove a Sub-Servicer retained by it pursuant to the terms of the related Sub-Servicing Agreement.

    	 	-298-	 

     

    

(d)              
 In the event the Trustee or its designee becomes a successor master servicer and assumes the rights and obligations of a Master
Servicer under any Sub-Servicing Agreement, the applicable Master Servicer, at its expense, shall deliver to the assuming party all
documents and records relating to such Sub-Servicing Agreement and the Mortgage Loans and, if applicable, the Companion Loans then
being serviced thereunder and an accounting of amounts collected and held on behalf of it thereunder, and otherwise use reasonable efforts
to effect the orderly and efficient transfer of the Sub-Servicing Agreement to the assuming party.

(e)              
Notwithstanding the provisions of any Sub-Servicing Agreement and this Section 3.20, except to the extent provided
in Article XI with respect to the obligations of any Sub-Servicer that is an Initial Sub-Servicer, the applicable
Master Servicer shall remain obligated and responsible to the Trustee, the applicable Special Servicer, holders of the Companion Loans
serviced hereunder and the Certificateholders for the performance of its obligations and duties under this Agreement in accordance with
the provisions hereof to the same extent and under the same terms and conditions as if it alone were servicing and administering the Mortgage
Loans for which it is responsible, and the applicable Master Servicer shall pay the fees of any Sub-Servicer thereunder as and when
due from its own funds. In no event shall the Trust bear any termination fee required to be paid to any Sub-Servicer as a result of
such Sub-Servicer’s termination under any Sub-Servicing Agreement.

(f)               
The Trustee, upon the request of the applicable Master Servicer, shall furnish to any Sub-Servicer any documents necessary
or appropriate to enable such Sub-Servicer to carry out its servicing and administrative duties under any Sub-Servicing Agreement.

(g)              
Each Sub-Servicing Agreement shall provide that, in the event the Trustee or any other Person becomes a successor master servicer,
the Trustee or such successor master servicer shall have the right to terminate such Sub-Servicing Agreement with or without cause
and without a fee. Notwithstanding the foregoing or any other contrary provision in this Agreement, the Trustee and any successor master
servicer shall assume each Initial Sub-Servicing Agreement and (i) the Initial Sub-Servicer’s rights and obligations
under the Initial Sub-Servicing Agreement shall expressly survive a termination of the applicable Master Servicer’s servicing
rights under this Agreement; provided that the Initial Sub-Servicing Agreement has not been terminated in accordance with its
provisions; (ii) any successor master servicer, including, without limitation, the Trustee (if it assumes the servicing obligations
of the applicable Master Servicer) shall be deemed to automatically assume and agree to the then-current Initial Sub-Servicing
Agreement without further action upon becoming the successor master servicer and (iii) this Agreement may not be modified in any
manner which would increase the obligations or limit the rights of the Initial Sub-Servicer hereunder and/or under the Initial Sub-Servicing
Agreement, without the prior written consent of the Initial Sub-Servicer (which consent shall not be unreasonably withheld).

(h)              
With respect to Mortgage Loans subject to a Sub-Servicing Agreement with any Master Servicer, the applicable Special Servicer
shall, upon request (such request to be made reasonably in advance as appropriate to the circumstances surrounding such request) of the
related Sub-Servicer, reasonably cooperate in delivering reports and information, including remittance information, and affording
access to information to the related Sub-Servicer that would be required to be delivered or afforded, as the case may be, to the applicable
Master Servicer pursuant to the terms hereof.

    	 	-299-	 

     

    

(i)                
 Notwithstanding any other provision of this Agreement, no Special Servicer shall enter into any Sub-Servicing Agreement that
provides for the performance by third parties of any or all of its obligations herein, without, prior to the occurrence and continuance
of any Control Termination Event and other than with respect to any Mortgage Loan that is an Excluded Loan with respect to the Directing
Certificateholder or the Holder of the majority of the Controlling Class, the consent of the Directing Certificateholder, except to the
extent necessary for the applicable Special Servicer to comply with applicable regulatory requirements.

Section 3.21       
Interest Reserve Account.

(a)              
On the P&I Advance Date occurring in each February or in any January that occurs in a year that is not a leap year (in each
case, unless the related Distribution Date is the final Distribution Date), the Certificate Administrator, in respect of the Actual/360
Mortgage Loans, shall deposit into the Interest Reserve Account, an amount equal to one (1) day’s interest on the Stated Principal
Balance of the Actual/360 Mortgage Loans as of the Distribution Date occurring in the month preceding the month in which the P&I Advance
Date occurs at the related Net Mortgage Rate, to the extent a full Periodic Payment or P&I Advance is made in respect thereof (all
amounts so deposited in any consecutive February and January, “Withheld Amounts”).

(b)              
On each P&I Advance Date occurring in March (or February, if the related Distribution Date is the final Distribution Date),
the Certificate Administrator shall withdraw, from the Interest Reserve Account an amount equal to the Withheld Amounts from the preceding
January (if applicable) and February, if any, and deposit such amount into the Lower-Tier REMIC Distribution Account.

Section 3.22       
Directing Certificateholder and Operating Advisor Contact with Master Servicers and Special Servicers. Within a reasonable
time upon request from the Directing Certificateholder or the Operating Advisor, as applicable, and no more often than on a monthly basis,
each applicable Master Servicer and each applicable Special Servicer shall, without charge, make a knowledgeable Servicing Officer via
telephone available to verbally answer questions from (a) the Directing Certificateholder ((i) prior to the occurrence and continuance
of a Consultation Termination Event and (ii) other than with respect to any Excluded Loan as to such party) and (b) upon the
occurrence and during the continuance of any Control Termination Event, the Operating Advisor (with respect to a Special Servicer only),
regarding the performance and servicing of the Mortgage Loans and/or REO Properties for which the applicable Master Servicer or the applicable
Special Servicer, as the case may be, is responsible.

Section 3.23       
Controlling Class Certificateholders, Directing Certificateholder and the Risk Retention Consultation Party; Certain Rights
and Powers of Directing Certificateholder and the Risk Retention Consultation Party. (a)
Each Controlling Class Certificateholder is hereby deemed to have agreed by virtue of its purchase of a Certificate to provide its name
and address to the Certificate Administrator and to notify the applicable Master Servicer, the Certificate Administrator, the applicable
Special Servicer and the Operating Advisor of the transfer of any Certificate of a Controlling Class by delivering a notice to each such
Person substantially in the form of Exhibit MM attached hereto, the selection of a Directing Certificateholder or the resignation
or removal thereof. The Directing Certificateholder (other than the Loan-Specific Directing Certificateholder) is hereby deemed to have
agreed by virtue of its

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purchase of a Certificate to notify the applicable
Master Servicer, the applicable Special Servicer, the Certificate Administrator, the Trustee and the Operating Advisor when such Certificateholder
is appointed Directing Certificateholder and when it is removed or resigns. To the extent there is only one Controlling Class Certificateholder
and it is also the General Special Servicer, it shall be the Directing Certificateholder.

On the Closing Date, the
initial Directing Certificateholder (other than the Loan-Specific Directing Certificateholder) shall execute a certification substantially
in the form of Exhibit P-1G to this Agreement. Upon the resignation or removal of the existing Directing Certificateholder
(other than the Loan-Specific Directing Certificateholder), any successor directing certificateholder shall deliver to the parties to
this Agreement a certification substantially in the form of Exhibit P-1G to this Agreement prior to being recognized as the
new Directing Certificateholder.

On the Closing Date, the
initial Risk Retention Consultation Party shall execute a certification substantially in the form of Exhibit P-1H to this
Agreement. Upon the resignation or removal of the existing Risk Retention Consultation Party, any successor Risk Retention Consultation
Party shall deliver to the parties to this Agreement a certification substantially in the form of Exhibit P-1H to this Agreement
prior to being recognized as the new Risk Retention Consultation Party.

(b)            
Once a Directing Certificateholder has been selected, each applicable Master Servicer, each applicable Special Servicer, the Depositor,
the Trustee, the Certificate Administrator, the Operating Advisor and each other Certificateholder (or Certificate Owner, if applicable)
shall be entitled to rely on such selection unless the Controlling Class Certificateholders entitled to appoint such Directing Certificateholder,
by Certificate Balance, or the Directing Certificateholder shall have notified the applicable Master Servicer, the applicable Special
Servicer, the Trustee, the Certificate Administrator, the Operating Advisor and each other Controlling Class Certificateholder, in writing,
of the resignation of such Directing Certificateholder or the selection of a new Directing Certificateholder. In the event that (i) the
applicable Master Servicer, the Certificate Administrator, the applicable Special Servicer, the Trustee or the Operating Advisor receives
written notice from a majority of the Controlling Class Certificateholders that a Directing Certificateholder is no longer designated
and (ii) the Controlling Class Certificateholder that owns the largest aggregate Certificate Balance of the Controlling Class (or
a representative thereof) becomes the Directing Certificateholder pursuant to the proviso of the definition of “Directing Certificateholder”,
then the Controlling Class Certificateholder that owns the largest aggregate Certificate Balance of the Controlling Class (or its representative)
shall provide its name and address to the Certificate Administrator and notify the applicable Master Servicer, the Certificate Administrator,
the applicable Special Servicer, the Trustee and the Operating Advisor that it is the new Directing Certificateholder; provided
that the applicable Master Servicer, the Certificate Administrator, the applicable Special Servicer, the Trustee and the Operating Advisor
shall be entitled to rely on the written notification provided by the purported Controlling Class Certificateholder that owns the largest
aggregate Certificate Balance of the Controlling Class without independently verifying that such Controlling Class Certificateholder actually
owns the largest aggregate Certificate Balance of the Controlling Class. The foregoing provisions shall not be applicable to the Directing
Certificateholder that is a Loan-Specific Directing Certificateholder. Additionally, once a Risk Retention Consultation Party has
been

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selected, each applicable Master Servicer,
each applicable Special Servicer, the Depositor, the Trustee, the Certificate Administrator, the Operating Advisor and each other Certificateholder
(or Certificate Owner, if applicable) shall be entitled to rely on such selection unless the Holders of the RR Interest entitled to appoint
the Risk Retention Consultation Party, by Certificate Balance, or such Risk Retention Consultation Party shall have notified each applicable
Master Servicer, each applicable Special Servicer, the Trustee, the Certificate Administrator, the Operating Advisor and each other Holder
of the RR Interest, in writing, of the selection of a new Risk Retention Consultation Party.

(c)              
Until it receives notice to the contrary, each applicable Master Servicer, each applicable Special Servicer, the Certificate Administrator,
the Operating Advisor and the Trustee shall be entitled to rely on the most recent notification with respect to the identity of the Controlling
Class Certificateholder, the Directing Certificateholder and the Risk Retention Consultation Party.

(d)              
In the event that no Directing Certificateholder or Risk Retention Consultation Party, as applicable, has been appointed or identified
to any Master Servicer or any Special Servicer, as applicable, and such Master Servicer or such Special Servicer, as the case may be,
has attempted to obtain such information from the Certificate Administrator and no such entity has been identified to such Master Servicer
or such Special Servicer, as applicable, then until such time as the new Directing Certificateholder or Risk Retention Consultation Party,
as applicable, is identified to such Master Servicer or such Special Servicer, as applicable, such Master Servicer or such Special Servicer,
as applicable, shall have no duty to consult with, provide notice to, or seek the approval or consent of the Directing Certificateholder
or Risk Retention Consultation Party, as the case may be.

(e)              
Upon request, the Certificate Administrator shall deliver to the Depositor, Trustee, each applicable Special Servicer, the Operating
Advisor, each applicable Master Servicer and, prior to the occurrence and continuance of a Consultation Termination Event, the Directing
Certificateholder, a list of each Controlling Class Certificateholder as reflected in the Certificate Register, including names and addresses.
In addition to the foregoing, within five (5) Business Days of receiving notice of the selection of a new Directing Certificateholder
or Risk Retention Consultation Party or the existence of a new Controlling Class Certificateholder, the Certificate Administrator shall
notify the Trustee, the Operating Advisor, the applicable Master Servicer and the applicable Special Servicer. Notwithstanding the foregoing,
(a) RREF IV Debt AIV, LP shall be the initial Directing Certificateholder and shall remain so until a successor is appointed pursuant
to the terms of this Agreement or until a Consultation Termination Event occurs and is continuing, provided that if such Directing
Certificateholder resigns, there shall be no Directing Certificateholder until such time as one is appointed pursuant to the terms of
this Agreement and the Special Servicer or any other party under this Agreement shall not be required to consent or consult with, or provide
notices or documents to, such Directing Certificateholder, and (b) Morgan Stanley Mortgage Capital Holdings LLC shall be the initial Risk
Retention Consultation Party and shall remain so until a successor is appointed pursuant to the terms of this Agreement or until a Consultation
Termination Event occurs and is continuing.

Until it receives notice
to the contrary, each applicable Master Servicer, each applicable Special Servicer, the Operating Advisor, the Certificate Administrator
and the Trustee

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shall be entitled to rely on the preceding
sentence with respect to the identity of the Directing Certificateholder and the Risk Retention Consultation Party.

(f)                  
If the Certificate Administrator determines that a Class of Book-Entry Certificates is the Controlling Class, the Certificate
Administrator shall notify the related Certificateholders of such Class (through the Depository) of the Class becoming the Controlling
Class.

(g)              
Each Certificateholder acknowledges and agrees, by its acceptance of its Certificates, that: (i) the Directing Certificateholder
may have special relationships and interests that conflict with those of Holders of one or more Classes of Certificates; (ii) the
Directing Certificateholder may act solely in the interests of the Holders of the Controlling Class or in its own interest; (iii) the
Directing Certificateholder does not have any liability or duties to the Holders of any Class of Certificates other than the Controlling
Class (or in the case of the Loan-Specific Directing Certificateholder has no liabilities or duties to the Controlling Class or the
Holders of any Class of Certificates); (iv) the Directing Certificateholder may take actions that favor interests of the Holders
of one or more Classes including the Controlling Class over the interests of the Holders of one or more other Classes of Certificates;
and (v) the Directing Certificateholder shall have no liability whatsoever (other than to a Controlling Class Certificateholder; provided
that the Loan-Specific Directing Certificateholder shall have no such liability) for having so acted as set forth in clauses (i)
through (v) above, and no Certificateholder may take any action whatsoever against the Directing Certificateholder or any director,
officer, employee, agent or principal of the Directing Certificateholder for having so acted.

Each Certificateholder acknowledges
and agrees, by its acceptance of its Certificates, that: (i) the Risk Retention Consultation Party may have special relationships
and interests that conflict with those of Holders of one or more Classes of Certificates; (ii) the Risk Retention Consultation Party
may act solely in the interests of the Holders of the RR Interest; (iii) the Risk Retention Consultation Party does not have any
liability or duties to the Holders of any Class of Certificates other than the RR Interest; (iv) the Risk Retention Consultation
Party may take actions that favor interests of the Holders of one or more Classes including the RR Interest over the interests of the
Holders of one or more other Classes of Certificates; and (v) the Risk Retention Consultation Party shall have no liability whatsoever
(other than to a Holder of an RR Interest) for having so acted as set forth in clauses (i) through (iv) above, and
no Certificateholder may take any action whatsoever against the Risk Retention Consultation Party or any director, officer, employee,
agent or principal of the Risk Retention Consultation Party for having so acted.

(h)              
All requirements of each Master Servicer and each Special Servicer to provide notices, reports, statements or other information
(including the access to information on a website) to the Directing Certificateholder contained in this Agreement shall also apply to
each Companion Holder with respect to information relating to the related Serviced AB Mortgage Loan or a Serviced Whole Loan, as applicable;
provided, however, that nothing in this subsection (h) shall in any way eliminate the obligation to deliver
any information required to be delivered under the related Intercreditor Agreement.

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(i)                
 Until it receives notice to the contrary, each applicable Master Servicer, each applicable Special Servicer, the Certificate Administrator,
the Trustee and the Operating Advisor shall be entitled to rely on the most recent notification with respect to the identity and contact
information of the Controlling Class Certificateholder, the Directing Certificateholder, the Risk Retention Consultation Party and any
AB Whole Loan Controlling Holder.

(j)                
With respect to a Serviced Whole Loan and any approval and consent rights in this Agreement with respect to such Serviced Whole
Loan, the related Serviced Whole Loan Controlling Holder shall exercise such rights in accordance with the related Intercreditor Agreement.

(k)              
The Certificate Registrar shall determine which Class of Certificates is the then-current Controlling Class within two (2)
Business Days of a request from the applicable Master Servicer, the applicable Special Servicer, Certificate Administrator, Trustee, or
any Certificateholder and provide such information to the requesting party.

(l)                
At any time that the Controlling Class Certificateholder is the Holder of a majority of the Class G Certificates and the Class
G Certificates are the Controlling Class, such Controlling Class Certificateholder may waive its right (a) to appoint the Directing
Certificateholder and (b) to exercise any of the Directing Certificateholder’s rights under this Agreement by irrevocable written
notice delivered to the Depositor, the Certificate Administrator (which shall be via email to trustadministrationgroup@wellsfargo.com),
the applicable Master Servicer, the applicable Special Servicer and the Operating Advisor. Notwithstanding anything to the contrary contained
herein, during such time as a Control Termination Event or Consultation Termination Event is in existence solely as a result of the operation
of clause (ii) of the definition of Control Termination Event and clause (ii) of the definition of Consultation
Termination Event, such Control Termination Event or Consultation Termination Event shall be deemed to no longer be in existence and have
not occurred with respect to any unaffiliated third party to whom the Controlling Class Certificateholder that irrevocably waived its
right to exercise any of the rights of the Controlling Class Certificateholder has sold or transferred all or a portion of its interest
in the Class G Certificates if such unaffiliated third party holds the majority of the Controlling Class after giving effect to such transfer
(the “Non-Waiving Successor”). Following any such sale or transfer, the Non-Waiving Successor shall again have the
rights of the Controlling Class Certificateholder as set forth herein (including the rights to appoint a Directing Certificateholder or
cause the exercise of the rights of the Directing Certificateholder) without regard to any prior waiver by the predecessor Controlling
Class Certificateholder. The Non-Waiving Successor shall also have the right to irrevocably waive its right to appoint the Directing Certificateholder
and to exercise any of the rights of the Controlling Class Certificateholder. The Non-Waiving Successor shall also have the right to exercise
any of the rights of the Controlling Class Certificateholder. No Non-Waiving Successor described above shall have any consent rights with
respect to any Mortgage Loan that became a Specially Serviced Loan prior to the sale or transfer of the Class G Certificates to the Non-Waiving
Successor and had not also become a Corrected Loan prior to such sale or transfer until such time as such Mortgage Loan becomes a Corrected
Loan.

(m)              
Promptly upon its determination of a change in the Controlling Class, the Certificate Administrator shall (i) include on its
statement made available pursuant to Section 4.02(a) of this Agreement the identity of the new Controlling Class and (ii) provide
to each

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applicable Master Servicer, each applicable
Special Servicer and the Operating Advisor notice of such event and the identity and contact information of the new Controlling Class
Certificateholder (the cost of obtaining such information from DTC being an expense of the Trust). The Certificate Administrator shall
notify the Operating Advisor, each applicable Master Servicer and each applicable Special Servicer within ten (10) Business Days of the
existence or cessation of (i) any Control Termination Event or (ii) any Consultation Termination Event. Upon the Certificate
Administrator’s determination that a Control Termination Event or a Consultation Termination Event has occurred or is terminated,
the Certificate Administrator shall, within ten (10) Business Days, post a “special notice” on the Certificate Administrator’s
Website pursuant to this provision. Any party hereto may at any time request from the Certificate Administrator written confirmation of
whether there existed a Control Termination Event or a Consultation Termination Event during the preceding calendar year and the Certificate
Administrator shall deliver such confirmation to such party within ten (10) days of such request.

In the event that a Control
Termination Event has occurred pursuant to clause (i) of the definition thereof, such special notice shall state “A Control Termination
Event has occurred due to the reduction of the Certificate Balance of the Class G Certificates to less than 25% of the aggregate Original
Certificate Balance thereof, with regard to the application of any Cumulative Appraisal Reduction Amounts.”

In the event that a Consultation
Termination Event has occurred pursuant to clause (i) of the definition thereof, such special notice shall state “A Consultation
Termination Event has occurred due to the reduction of the Certificate Balance of the Class G Certificates to less than 25% of the aggregate
Original Certificate Balance thereof, without regard to the application of any Cumulative Appraisal Reduction Amounts.”

In the event that a Control
Termination Event or Consultation Termination Event has occurred pursuant to clause (ii) of the definition of each of such terms, such
special notice shall state “A Control Termination Event and a Consultation Termination Event has occurred due to the irrevocable
waiver by the applicable Controlling Class Certificateholder of its rights as Controlling Class Certificateholder.”

In the event that a Consultation
Termination Event has occurred due to the reduction of each Class of Control Eligible Certificates below 25% of its Original Certificate
Balance, in each case without regard to the application of any Cumulative Appraisal Reduction Amounts, such special notice shall state:
“A Consultation Termination Event has occurred because no Class of Control Eligible Certificates exists where such class’s
aggregate Certificate Balance is at least equal to 25% of the Original Certificate Balance of that class, in each case without regard
to the application of any Cumulative Appraisal Reduction Amounts.”

In the event of any transfer
of a Class G Certificate, and upon notice to the Certificate Administrator in the form of Exhibit MM that results in a termination
of a Control Termination Event or a Consultation Termination Event, such “special notice” shall state: “A Consultation
Termination Event or a Control Termination Event has been terminated and is no longer in effect due to a transfer of a majority interest
of the Controlling Class Certificates to an unaffiliated third party which has terminated any waiver by the prior Holder.”

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The Directing Certificateholder
shall not have any consent or consultation rights with respect to any Mortgage Loan determined to be an Excluded Loan as to either the
Directing Certificateholder or the Holder of the majority of the Controlling Class. Notwithstanding the proviso to each of the definitions
of “Control Termination Event” and “Consultation Termination Event”, in either such case, in respect of the servicing
of any such Excluded Loan, a Control Termination Event and a Consultation Termination Event will each be deemed to have occurred with
respect to any such Excluded Loan as to such party.

The Risk Retention Consultation
Party shall not have any consultation rights with respect to any Mortgage Loan determined to be an Excluded Loan as to either such Risk
Retention Consultation Party or the Holder of the majority of the RR Interest.

Section 3.24       
Intercreditor Agreements. (a) Each Master Servicer and Special Servicer
acknowledges and agrees that each Serviced Whole Loan being serviced under this Agreement and each Mortgage Loan with mezzanine debt is
subject to the terms and provisions of the related Intercreditor Agreement and each agrees to service each such Serviced Whole Loan, and
each Mortgage Loan with mezzanine debt, in accordance with the related Intercreditor Agreement and this Agreement, including, without
limitation, effecting distributions and allocating reimbursement of expenses in accordance with the related Intercreditor Agreement and,
in the event of any conflict between the provisions of this Agreement and the related Intercreditor Agreement, the related Intercreditor
Agreement shall govern. Notwithstanding anything contrary in this Agreement, each applicable Master Servicer and each applicable Special
Servicer agrees not to take any action with respect to a Serviced Whole Loan, or a Mortgage Loan with mezzanine debt, or the related Mortgaged
Property without the prior consent of the related Companion Holder or mezzanine lender, as applicable, to the extent that the related
Intercreditor Agreement provides that such Companion Holder or mezzanine lender, as applicable, is required or permitted to consent to
such action. Each applicable Master Servicer and each applicable Special Servicer acknowledges and agrees that each Companion Holder and
each mezzanine lender or its respective designee has the right to purchase the related Mortgage Loan pursuant to the terms and conditions
of this Agreement and the related Intercreditor Agreement to the extent provided for therein. Each Master Servicer and each Special Servicer
further acknowledges and agrees that any AB Whole Loan Controlling Holder will have the right to replace the applicable Special Servicer
solely with respect to the related Serviced AB Whole Loan, to the extent provided for herein and in the related Intercreditor Agreement.

(b)              
Neither the applicable Master Servicer nor the applicable Special Servicer shall have any liability for any cost, claim or damage
that arises from any entitlement in favor of a Companion Holder or a mezzanine lender under the related Intercreditor Agreement or conflict
between the terms of this Agreement and the terms of such Intercreditor Agreement. Notwithstanding any provision of any Intercreditor
Agreement that may otherwise require such Master Servicer or such Special Servicer to abide by any instruction or direction of a Companion
Holder or a mezzanine lender, neither such Master Servicer nor such Special Servicer shall be required to comply with any instruction
or direction the compliance with which requires an Advance that constitutes or would constitute a Nonrecoverable Advance. In no event
shall any expense arising from compliance with an Intercreditor Agreement constitute an expense to be borne by the applicable Master Servicer
or the applicable Special Servicer for its own account without reimbursement. In no event shall the applicable Master Servicer or the
applicable Special

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Servicer be required to consult with or obtain
the consent of any Companion Holder or a mezzanine lender unless such Companion Holder or mezzanine lender has delivered notice of its
identity and contact information to each of the parties to this Agreement (upon which notice each of the parties to this Agreement shall
be conclusively entitled to rely). As of the Closing Date, the contact information for the Companion Holders and mezzanine lenders is
as set forth in the related Intercreditor Agreement. In no event shall the applicable Master Servicer or the applicable Special Servicer,
as the case may be, be required to consult with or obtain the consent of a new Directing Certificateholder or a new Controlling Class
Certificateholder or consult with a new Risk Retention Consultation Party unless the Certificate Administrator has delivered notice to
such Master Servicer or such Special Servicer, as applicable, as required under Section 3.23(e) or such Master Servicer or
such Special Servicer, as applicable, have actual knowledge of the identity and contact information of a new Directing Certificateholder,
a new Controlling Class Certificateholder or a new Risk Retention Consultation Party.

(c)              
No direction or disapproval of the Companion Holders or any mezzanine lender shall (a) require or cause the applicable Master
Servicer or the applicable Special Servicer to violate the terms of a Mortgage Loan or Serviced Companion Loan, applicable law or any
provision of this Agreement, including such Master Servicer’s or such Special Servicer’s obligation to act in accordance with
the Servicing Standard and to maintain the REMIC status of each Trust REMIC and the grantor trust status of the Grantor Trust, (b) result
in the imposition of a “prohibited transaction” or “prohibited contribution” tax under the REMIC Provisions or
(c) materially expand the scope of the applicable Special Servicer’s, Trustee’s, the Certificate Administrator’s
or the applicable Master Servicer’s responsibilities under this Agreement.

(d)            
With respect to any Serviced Pari Passu Companion Loan, notwithstanding any rights the Operating Advisor, the Directing Certificateholder
or the Risk Retention Consultation Party hereunder may have to consult with respect to any action or other matter with respect to the
servicing of such Companion Loan, to the extent the related Intercreditor Agreement provides that such right is exercisable by the related
Companion Holder or is exercisable in conjunction with any related Companion Holder, the Directing Certificateholder and the Risk Retention
Consultation Party shall not be permitted to exercise such right or, to the extent provided in the related Intercreditor Agreement, shall
be required to exercise such right in conjunction with the related Companion Holder, as applicable (except to the extent that the Directing
Certificateholder or the Risk Retention Consultation Party is the related Serviced Whole Loan Controlling Holder). Additionally, notwithstanding
anything in this Agreement to the contrary, the applicable Master Servicer or the applicable Special Servicer, as the case may be, shall
consult, seek the approval or obtain the consent of the holder of any Serviced Companion Loan with respect to any matters with respect
to the servicing of such Companion Loan to the extent required under related Intercreditor Agreement and shall not take such actions requiring
consent of the related Companion Holder without such consent. In addition, notwithstanding anything to the contrary, the applicable Master
Servicer or the applicable Special Servicer, as the case may be, shall deliver reports and notices to the related Companion Holder as
required under the Intercreditor Agreement.

(e)              
Notwithstanding anything in this Agreement to the contrary, the applicable Special Servicer shall be required (i) to provide
copies of any notice, information and report that it is required to provide to the Controlling Class Certificateholder pursuant to this
Agreement with

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respect to any Major Decisions or the implementation
of any recommended actions outlined in an Asset Status Report relating to a Serviced Whole Loan to the related Companion Holder, within
the same time frame it is required to provide to the Controlling Class Certificateholder (for this purpose, without regard to whether
such items are actually required to be provided to the Controlling Class Certificateholder under this Agreement due to the occurrence
and continuance of a Control Termination Event or the occurrence and continuance of a Consultation Termination Event) and (ii) to
consult with any related Companion Holder on a strictly non-binding basis, to the extent having received such notices, information and
reports, such related Companion Holder requests consultation with respect to any such Major Decisions or the implementation of any recommended
actions outlined in an Asset Status Report relating to a Serviced Whole Loan, and consider alternative actions recommended by such related
Companion Holder; provided that after the expiration of a period of ten (10) Business Days from the delivery to such related Companion
Holder by the applicable Special Servicer of written notice of a proposed action, together with copies of the notice, information and
report required to be provided to the Controlling Class Certificateholder, the applicable Special Servicer shall no longer be obligated
to consult with such related Companion Holder, whether or not such related Companion Holder has responded within such ten (10) Business
Day period (unless, such Special Servicer proposes a new course of action that is materially different from the action previously proposed,
in which case such ten (10) Business Day period shall be deemed to begin anew from the date of such proposal and delivery of all information
relating thereto). Notwithstanding the consultation rights of the related Companion Holder set forth in the immediately preceding sentence,
such Special Servicer may make any Major Decision or take any action set forth in the Asset Status Report before the expiration of the
aforementioned ten (10) Business Day period if such Special Servicer determines that immediate action with respect thereto is necessary
to protect the interests of the Certificateholders and the related Companion Holder. In no event shall the applicable Special Servicer
be obligated at any time to follow or take any alternative actions recommended by the related Companion Holder.

(f)               
In addition to the consultation rights of the holder of a Serviced Pari Passu Companion Loan provided in the immediately preceding
paragraph, such Companion Holder shall have the right to attend (in person or telephonically, in the discretion of the applicable Master
Servicer or applicable Special Servicer, as the case may be) annual meetings with the applicable Master Servicer or the applicable Special
Servicer at the offices of such Master Servicer or such Special Servicer, as applicable, upon reasonable notice and at times reasonably
acceptable to such Master Servicer or such Special Servicer, as applicable, in which servicing issues related to the related Whole Loan
are discussed.

(g)              
With respect to any Serviced Whole Loan, the applicable Special Servicer shall not modify, waive or amend the terms of the related
Intercreditor Agreement such that the monthly remittance to the holder of the related Companion Loan is required earlier than 2 Business
Days after receipt by the applicable Master Servicer of the related Periodic Payment without the consent of such Master Servicer.

(h)             
To the extent not otherwise expressly included herein, any provisions required to be included herein pursuant to any Intercreditor
Agreement for a Whole Loan are deemed incorporated herein by reference, and the parties hereto shall comply with those provisions as if
set forth herein in full.

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Section 3.25       
Rating Agency Confirmation. (a) Notwithstanding the terms of any related Mortgage Loan documents or other provisions
of this Agreement, if any action under any Mortgage Loan documents or this Agreement requires Rating Agency Confirmation as a condition
precedent to such action, if the party (the “RAC Requesting Party”) required to obtain such Rating Agency Confirmation
from each Rating Agency has made a request to any Rating Agency for such Rating Agency Confirmation and, within ten (10) Business Days
of the Rating Agency Confirmation request being posted to the 17g-5 Information Provider’s Website, such Rating Agency has
not replied to such request or has responded in a manner that indicates that such Rating Agency is neither reviewing such request nor
waiving the requirement for Rating Agency Confirmation, then such RAC Requesting Party shall be required to confirm (through direct communication
and not by posting any confirmation on the 17g-5 Information Provider’s Website) that the applicable Rating Agency has received
the Rating Agency Confirmation request, and, if it has not, promptly request the related Rating Agency Confirmation again (which may
be through direct communication). The circumstances described in the preceding sentence are referred to in this Agreement as a “RAC
No-Response Scenario.” Once the RAC Requesting Party has sent a request for a Rating Agency Confirmation to the 17g-5
Information Provider, such RAC Requesting Party may, but shall not be obligated to send such request directly to the Rating Agencies
in accordance with the procedures set forth in Section 13.10(d).

If there is no response to
such Rating Agency Confirmation request within five (5) Business Days of such second request in a RAC No-Response Scenario or if such
Rating Agency has responded in a manner that indicates such Rating Agency is neither reviewing such request nor waiving the requirement
for Rating Agency Confirmation, then (x) with respect to any condition in any Mortgage Loan document requiring such Rating Agency
Confirmation or with respect to any other matter under this Agreement relating to the servicing of the Mortgage Loans (other than as set
forth in clause (y) below), the requirement to obtain a Rating Agency Confirmation shall be deemed not to apply (as if such
requirement did not exist) with respect to such Rating Agency and the applicable Master Servicer or the applicable Special Servicer, as
the case may be, may then take such action if the applicable Master Servicer or the applicable Special Servicer, as the case may be, confirms
its original determination (made prior to making such request) that taking the action with respect to which it requested the Rating Agency
Confirmation would still be consistent with the Servicing Standard, and (y) with respect to a replacement of the applicable Master
Servicer or the applicable Special Servicer, such condition shall be deemed not to apply (as if such requirement did not exist) if (i)
the replacement master servicer or special servicer is listed on S&P’s Select Servicer List as a “U.S. Commercial Mortgage
Master Servicer” or “U.S. Commercial Mortgage Special Servicer”, as applicable, if S&P is the non-responding Rating
Agency, (ii) the applicable replacement master servicer or special servicer is rated at least “CMS3” (in the case of
the replacement master servicer) or “CSS3” (in the case of the replacement special servicer), if Fitch is the non-responding
Rating Agency or (iii) the applicable replacement master servicer or special servicer, as applicable, (a) has a then current ranking
by DBRS Morningstar equal to or higher than “MOR CS3” as a master servicer or special servicer, as applicable (if ranked by
DBRS Morningstar) (b) if not ranked by DBRS Morningstar, is acting as master servicer or special servicer, as applicable, in a commercial
mortgage loan securitization that was rated by DBRS Morningstar within the 12-month period prior to the date of determination and that
DBRS Morningstar has not qualified, downgraded or withdrawn the then-current rating or ratings of one or more classes of certificates
publicly citing servicing concerns with such master

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servicer or special servicer, as applicable,
as the sole or material factor in such rating action, if DBRS Morningstar is the non-responding Rating Agency.

Any Rating Agency Confirmation
request made by any Master Servicer, any Special Servicer, Certificate Administrator or Trustee, as applicable, pursuant to this Agreement,
shall be made in writing, which writing shall contain a cover page indicating the nature of the Rating Agency Confirmation request, and
shall contain all back-up material necessary for the Rating Agency to process such request. Such written Rating Agency Confirmation
request shall be provided in electronic format to the 17g-5 Information Provider, and the 17g-5 Information Provider shall post
such request on the 17g-5 Information Provider’s Website in accordance with Section 3.13(c).

Promptly following the applicable
Master Servicer’s or the applicable Special Servicer’s determination to take any action discussed in this Section 3.25(a)
following any requirement to obtain a Rating Agency Confirmation being deemed not to apply (as if such requirement did not exist), such
Master Servicer or such Special Servicer, as applicable, shall provide electronic written notice to the 17g-5 Information Provider
of the action taken for the particular item at such time, and the 17g-5 Information Provider shall promptly post such notice on the
17g-5 Information Provider’s Website in accordance with Section 3.13(c).

(b)              
Notwithstanding anything to the contrary in this Section 3.25, for purposes of the provisions of any Mortgage Loan
document relating to defeasance (including without limitation the type of collateral acceptable for use as defeasance collateral) or release
or substitution of any collateral, any Rating Agency Confirmation requirement in the Mortgage Loan documents for which the applicable
Master Servicer or the applicable Special Servicer would have been permitted to waive obtaining or to make a determination with respect
to such Rating Agency Confirmation pursuant to Section 3.25(a) shall be deemed not to apply (as if such requirement did not
exist).

(c)              
For all other matters or actions not specifically discussed in Section 3.25(a) above, the applicable RAC Requesting
Party shall deliver Rating Agency Confirmation from each Rating Agency.

(d)              
With respect to any Serviced Pari Passu Companion Loan as to which there exists Serviced Pari Passu Companion Loan Securities,
if any action relating to the servicing and administration of the related Whole Loan or any related REO Property (including, but not limited
to, the replacement of the applicable Master Servicer, the applicable Special Servicer or a sub-servicer) (the “Relevant Action”)
requires delivery of a Rating Agency Confirmation as a condition precedent to such action pursuant to this Agreement, then such action
will also require delivery of a confirmation of each Companion Loan Rating Agency that such action will not result in the downgrade, withdrawal
or qualification of its then-current ratings of any Serviced Pari Passu Companion Loan Securities, if any (provided that such rating
agency confirmation may be considered satisfied in the same manner as any Rating Agency Confirmation may be considered satisfied with
respect to the Certificates pursuant to this Section 3.25) as a condition precedent to such action, which confirmation shall
be sought by the applicable Master Servicer or the applicable Special Servicer, as applicable, seeking the corresponding Rating Agency
Confirmation(s) in connection with the Relevant Action.

    	 	-310-	 

     

    

Section 3.26       
The Operating Advisor. (a) The Operating Advisor shall promptly review (i) all information made available
to Privileged Persons on the Certificate Administrator’s Website (A) that relates to any Specially Serviced Loan, and (B) that
is contained in the CREFC® Servicer Watch List prepared by the applicable Master Servicer and (ii) each Final Asset
Status Report delivered to the Operating Advisor by the applicable Special Servicer.

(b)              
The Operating Advisor and its Affiliates will be obligated to keep confidential any information appropriately labeled as “Privileged
Information” received from the applicable Special Servicer or Directing Certificateholder in connection with the Directing Certificateholder’s
exercise of its rights under this Agreement (including, without limitation, in connection with the review and/or approval of any Asset
Status Report), subject to any law, rule, regulation, order, judgment or decree requiring the disclosure of such Privileged Information.
Subject to the terms and conditions in this Agreement related to Privileged Information, the Operating Advisor agrees that it shall use
information received from the applicable Special Servicer pursuant to the terms of this Agreement solely for purposes of complying with
its duties and obligations hereunder.

(c)              
 (i) After the occurrence and during the continuance of a Control Termination Event, based on the Operating Advisor’s
review of any assessment of compliance report, attestation report, Asset Status Report and other information (other than any communications
between the Directing Certificateholder and the applicable Special Servicer that would be Privileged Information) delivered to the Operating
Advisor by such Special Servicer, including each Asset Status Report delivered during the prior calendar year, the Operating Advisor shall
(if any Mortgage Loans (other than Servicing Shift Mortgage Loans) were Specially Serviced Loans during the prior calendar year) deliver
to the applicable Special Servicer, the Certificate Administrator and the 17g-5 Information Provider within one hundred-twenty
(120) days of the end of the prior calendar year for which a Control Termination Event was continuing as of December 31 in the prior
calendar year, an annual report (the “Operating Advisor Annual Report”), substantially in the form of Exhibit V
(which form may be modified or altered as to either its organization or content by the Operating Advisor, subject to compliance of such
form with the terms and provisions of this Agreement including, without limitation, provisions herein relating to Privileged Information;
provided, however, that in no event shall the information or any other content included in the Operating Advisor Annual
Report contravene any provision of this Agreement), setting forth the Operating Advisor’s assessment of the applicable Special Servicer’s
performance of its duties under this Agreement during the prior calendar year with respect to the resolution and/or liquidation of Specially
Serviced Loans (other than Servicing Shift Mortgage Loans) that the applicable Special Servicer is responsible for servicing under this
Agreement; provided, further, however, that in the event the applicable Special Servicer is replaced, the Operating
Advisor Annual Report shall only relate to such Special Servicer that was acting as Special Servicer as of December 31 in the prior calendar
year and is continuing in such capacity through the date of such Operating Advisor Annual Report. Notwithstanding the foregoing, with
respect to any Serviced AB Whole Loan, no Operating Advisor Annual Report will be permitted to include an assessment of the applicable
Special Servicer’s performance in respect of such Serviced AB Whole Loan until an AB Control Appraisal Period is in effect under
the related Intercreditor Agreement. Subject to the restrictions in this Agreement, including, without limitation, Section 3.26(c),
each such Operating Advisor Annual Report shall (A) identify any material deviations (i) from the Servicing Standard and (ii) from
the applicable Special Servicer’s

    	 	-311-	 

     

    

obligations under this Agreement with respect
to the resolution or liquidation of Specially Serviced Loans or REO Properties that the applicable Special Servicer is responsible for
servicing under this Agreement (other than with respect to any REO Property related to a Non-Serviced Mortgage Loan or a Servicing Shift
Mortgage Loan) and (B) comply with all of the confidentiality requirements described in this Agreement regarding Privileged Information
(subject to any permitted exceptions); provided that the Operating Advisor shall not be required to report on any instances of
non-compliance with, or deviations from, the Servicing Standard or the applicable Special Servicer’s obligations under this Agreement
that the Operating Advisor determines, in accordance with the Operating Advisor Standard, to be immaterial. Such Operating Advisor Annual
Report shall be delivered to the applicable Special Servicer, the Certificate Administrator (which shall promptly post such Operating
Advisor Annual Report on the Certificate Administrator’s Website in accordance with Section 3.13(b)) and the 17g-5
Information Provider (which shall promptly post such Operating Advisor Annual Report on the 17g-5 Information Provider’s Website
in accordance with Section 3.13(c)); provided, however, that the applicable Special Servicer shall be given
an opportunity to review the Operating Advisor Annual Report at least five (5) Business Days prior to its delivery to the Certificate
Administrator and the 17g-5 Information Provider. The Operating Advisor shall have no obligation to adopt any comments to the Operating
Advisor Annual Report that are provided by the applicable Special Servicer. The Operating Advisor Annual Report will be prepared on the
basis of the applicable Special Servicer’s performance of its duties as they relate to the resolution and/or liquidation of Specially
Serviced Loans, taking into account the applicable Special Servicer’s specific duties under this Agreement as well as the extent
to which those duties were performed in accordance with the Servicing Standard, with reasonable consideration by the Operating Advisor
of the items required to be reviewed by it pursuant to this Agreement. Notwithstanding the foregoing, no Operating Advisor Annual Report
shall be required from the Operating Advisor with respect to any calendar year as to which no Final Asset Status Report was prepared by
the applicable Special Servicer in connection with a Specially Serviced Loan or REO Property.

(ii)              
In the event the Operating Advisor’s ability to perform its obligations in respect of the Operating Advisor Annual Report
is limited or prohibited due to the failure of a party hereto to timely deliver information required to be delivered to the Operating
Advisor or because such information is inaccurate or incomplete, the Operating Advisor shall set forth such limitations or prohibitions
in the related Operating Advisor Annual Report, and the Operating Advisor shall not be subject to any liability arising from such limitations
or prohibitions. The Operating Advisor shall be entitled to conclusively rely on the accuracy and completeness of any information it is
provided without liability for any such reliance hereunder. In the event a lack of access to Privileged Information limits or prohibits
the Operating Advisor from performing its duties under this Agreement, the Operating Advisor shall set forth any such limitations or prohibitions
in the related Operating Advisor Annual Report, and the Operating Advisor shall not be subject to any liability arising from its lack
of access to Privileged Information.

(d)              
With respect to each Serviced Mortgage Loan (other than a Servicing Shift Mortgage Loan) or Serviced Whole Loan (other than a Servicing
Shift Whole Loan), prior to the occurrence and continuance of a Control Termination Event (or, with respect to a Serviced AB Whole Loan,
prior to the occurrence and continuance of a Control Termination Event and if an AB Control Appraisal Period is not in effect), the applicable
Special Servicer will forward any

    	 	-312-	 

     

    

Appraisal Reduction Amount and net present
value calculations used in the applicable Special Servicer’s determination of what course of action to take in connection with the
workout or liquidation of a Specially Serviced Loan to the Operating Advisor after such calculations have been finalized. The Operating
Advisor shall review such calculations but shall not opine on or take any affirmative action with respect to such Appraisal Reduction
Amount calculations and/or net present value calculations (except that if the Operating Advisor discovers a material mathematical error
contained in such calculations, them the Operating Advisor shall notify the applicable Special Servicer of such error).

(e)              
 (i) With respect to each Serviced Mortgage Loan (other than a Servicing Shift Mortgage Loan) or Serviced Whole Loan (other
than a Servicing Shift Whole Loan), after the occurrence and during the continuance of a Control Termination Event, and with respect to
any Serviced AB Whole Loan, after the occurrence and during the continuance of a Control Termination Event and if an AB Control Appraisal
Period is in effect, after the calculation but prior to the utilization by the applicable Special Servicer of any of the calculations
related to (i) Appraisal Reduction Amounts or Collateral Deficiency Amount (if the applicable Special Servicer has calculated any
such Appraisal Reduction Amount or Collateral Deficiency Amount) or (ii) net present value in accordance with Section 1.02(iv),
the applicable Special Servicer shall forward such calculations, together with any supporting material or additional information necessary
in support thereof (including such additional information reasonably requested by the Operating Advisor to confirm the mathematical accuracy
of such calculations, but not including any Privileged Communications), to the Operating Advisor promptly, but in any event no later than
two (2) Business Days after preparing such calculations, and the Operating Advisor shall promptly, but no later than three (3) Business
Days after receipt of such calculations and any supporting or additional materials, recalculate and verify the accuracy of the mathematical
calculations and the corresponding application of the non-discretionary portion of the applicable formulas required to be utilized
in connection with any such calculation.

(ii)                
In connection with this Section 3.26(e), in the event the Operating Advisor does not agree with the mathematical calculations
of the Appraisal Reduction Amount or Collateral Deficiency Amount (if calculated by the applicable Special Servicer) or net present value
or the application of the applicable non-discretionary portions of the formula required to be utilized for such calculation, the Operating
Advisor and the applicable Special Servicer shall consult with each other in order to resolve any material inaccuracy in the mathematical
calculations or the application of the non-discretionary portions of the related formula in arriving at those mathematical calculations
or any disagreement within five (5) Business Days of delivery of such calculations. The applicable Master Servicer shall cooperate with
such Special Servicer and provide any information reasonably requested by such Special Servicer necessary for the calculation of the Appraisal
Reduction Amount or Collateral Deficiency Amount that is either in its possession or, solely with respect to Non-Specially Serviced Loans,
reasonably obtainable by the applicable Master Servicer. In the event the Operating Advisor and the applicable Special Servicer are not
able to resolve such inaccuracies or disagreement prior to the end of such five (5) Business Day period, the Operating Advisor shall promptly
notify the Certificate Administrator of such disagreement and the Certificate Administrator shall examine the calculations and supporting
materials provided by the Operating Advisor and the applicable Special Servicer and determine which calculation is to apply and shall
provide such parties prompt

    	 	-313-	 

     

    

written notice of its determination.
With respect to the Operating Advisor’s review of net present value or Appraisal Reduction Amount calculations as described above,
the Operating Advisor’s recalculation shall not take into account the reasonableness of the applicable Special Servicer’s
property and borrower performance assumptions or other similar discretionary portions of the net present value or Appraisal Reduction
Amount calculation.

(iii)             
Notwithstanding the foregoing, the consultation duties of the Operating Advisor set forth in this Agreement shall not be permitted
to be exercised by the Operating Advisor with respect to any Serviced AB Whole Loan until after the occurrence and during the continuance
of a Control Termination Event (except with respect to any Mortgage Loan that is an Excluded Loan with respect to the Directing Certificateholder
or the Holder of the majority of the Controlling Class) and an AB Control Appraisal Period is in effect.

(f)               
Notwithstanding the foregoing, prior to the occurrence and continuance of a Control Termination Event, the Operating Advisor will
be limited to review of the action taken by the Special Servicer and compliance with any Final Asset Status Report based on such report
and other information delivered to the Operating Advisor by the applicable Special Servicer or made available to Privileged Persons that
are posted on the Certificate Administrator’s Website during the prior calendar year (together with any additional information and
material reviewed by the Operating Advisor), and, therefore, it shall have no specific involvement with respect to collateral substitutions,
assignments, workouts, modifications, consents, waivers, lockbox management, insurance policies, borrower substitutions, lease changes,
additional borrower debt, defeasances, property management changes, releases from escrow, assumptions and other similar actions that such
Special Servicer may perform under this Agreement.

(g)             
The Operating Advisor and its Affiliates shall keep all information appropriately labeled as “Privileged Information”
confidential and shall not disclose such labeled Privileged Information to any Person (including Certificateholders other than the Directing
Certificateholder), other than (1) to the extent expressly required by this Agreement to the other parties to this Agreement with a notice
indicating that such information is Privileged Information, (2) pursuant to a Privileged Information Exception or (3) where necessary
to support specific findings or conclusions concerning allegations of deviations from the Servicing Standard or the Special Servicer’s
obligations under this Agreement (i) in the Operating Advisor Annual Report or (ii) in connection with a recommendation by the Operating
Advisor to replace a Special Servicer. Each party to this Agreement that receives Privileged Information from the Operating Advisor with
a notice stating that such information is Privileged Information shall not disclose such Privileged Information to any Person without
the prior written consent of the applicable Special Servicer and, unless a Control Termination Event has occurred and is continuing, the
Directing Certificateholder (with respect to any Mortgage Loan other than a Non-Serviced Whole Loan and other than any Mortgage Loan that
is an Excluded Loan with respect to the Directing Certificateholder or the Holder of the majority of the Controlling Class) other than
pursuant to a Privileged Information Exception. Notwithstanding the foregoing, the Operating Advisor shall be permitted to share Privileged
Information with its Affiliates and any subcontractors of the Operating Advisor that agree in writing to be bound by the same confidentiality
provisions applicable to the Operating Advisor.

    	 	-314-	 

     

    

(h)              
 Subject to the requirements of confidentiality imposed on the Operating Advisor herein (including without limitation in respect
of Privileged Information), the Operating Advisor shall respond to Inquiries proposed by Privileged Persons from time to time in accordance
with the terms of Section 4.07(a).

(i)                
The Operating Advisor shall be paid a fee of $10,000 on the Closing Date. As compensation for its activities hereunder, the Operating
Advisor shall be entitled to receive the Operating Advisor Fee on each Remittance Date with respect to each Mortgage Loan and each REO
Loan (but excluding any related Companion Loan). As to each Mortgage Loan and each REO Loan, the Operating Advisor Fee shall accrue from
time to time at the Operating Advisor Fee Rate and shall be computed on the basis of the Stated Principal Balance of such Mortgage Loan
or REO Loan, as the case may be, and in the same manner as interest is calculated on the related Mortgage Loan or REO Loan, as the case
may be, and, in connection with any partial month interest payment, for the same period respecting which any related interest payment
due on the related Mortgage Loan or deemed to be due on such REO Loan is computed.

The Operating Advisor shall
be entitled to reimbursement of any Operating Advisor Expenses provided for pursuant to Section 6.04(a) and/or 6.04(b),
such amounts to be reimbursed from amounts on deposit in the applicable Collection Account as provided by Section 3.05(a).
Each successor operating advisor shall be required to acknowledge and agree to the terms of the preceding sentence.

In addition, the Operating
Advisor Consulting Fee shall be payable to the Operating Advisor with respect to each Major Decision for which the Operating Advisor has
consultation obligations hereunder. The Operating Advisor Consulting Fee shall be payable from funds on deposit in the applicable Collection
Account as provided in Section 3.05(a)(ii) of this Agreement, but, with respect to the period when the outstanding Certificate
Balances of the Control Eligible Certificates have not been reduced to zero as a result of the allocation of Realized Losses to such Certificates,
only to the extent such Operating Advisor Consulting Fee is actually received from the related Mortgagor. When the Operating Advisor has
consultation obligations with respect to a Major Decision under this Agreement, the applicable Master Servicer or the applicable Special
Servicer, as the case may be, shall use commercially reasonable efforts consistent with the Servicing Standard to collect the applicable
Operating Advisor Consulting Fee from the related Mortgagor in connection with such Major Decision, but only to the extent not prohibited
by the related Mortgage Loan documents, and in no event will it take any enforcement action with respect to the collection of such Operating
Advisor Consulting Fee other than requests for collection. The applicable Master Servicer or the applicable Special Servicer, as the case
may be, may waive or reduce the amount of any Operating Advisor Consulting Fee payable by the related Mortgagor if it determines that
such full or partial waiver is in accordance with the Servicing Standard; provided that the applicable Master Servicer or the applicable
Special Servicer, as applicable, shall consult, on a non-binding basis, with the Operating Advisor prior to any such waiver or reduction.
Notwithstanding the foregoing, the Operating Advisor will have no obligations or consultation rights in its capacity as operating advisor
with respect to: (i) any Servicing Shift Mortgage Loan, Non-Serviced Whole Loan or any related REO Property or (ii) any Serviced
AB Whole Loan, prior to the occurrence and continuance of a Control Termination Event and if an AB Control Appraisal Period is not in
effect; provided, further, that the Operating Advisor shall not be entitled to an Operating Advisor Consulting Fee with
respect to any Non-Serviced Whole Loan.

    	 	-315-	 

     

    

(j)              
 After the occurrence and during the continuance of a Consultation Termination Event, the Operating Advisor may be removed upon
(i) the written direction of Holders of Certificates evidencing not less than 25% of the Voting Rights (taking into account the application
of Cumulative Appraisal Reduction Amounts to notionally reduce the Certificate Balances of Classes to which such Cumulative Appraisal
Reduction Amounts are allocable) requesting a vote to replace the Operating Advisor with a replacement Operating Advisor selected by such
Certificateholders (provided that the proposed replacement Operating Advisor is an Eligible Operating Advisor), (ii) payment
by such requesting Holders to the Certificate Administrator of all reasonable fees and expenses to be incurred by the Certificate Administrator
in connection with administering such vote and (iii) receipt by the Trustee and the Certificate Administrator of Rating Agency Confirmation
from each Rating Agency (which confirmations will be obtained by the Certificate Administrator at the expense of such Holders and will
not constitute an additional expense of the Trust). The Certificate Administrator shall promptly provide written notice to all Certificateholders
of such request by posting such notice on the Certificate Administrator’s Website in accordance with Section 3.13(b),
and concurrently by mail, and conduct the solicitation of votes of all Certificates in such regard. Upon the vote or written direction
of Holders of Certificates evidencing at least 75% of the Voting Rights (taking into account the application of Cumulative Appraisal Reduction
Amounts to notionally reduce the Certificate Balances of Classes to which such Cumulative Appraisal Reduction Amounts are allocable),
the Trustee shall immediately replace the Operating Advisor with the replacement Operating Advisor.

(k)              
After the occurrence of an Operating Advisor Termination Event, the Trustee may, and upon the written direction of Holders of Certificates
representing at least 25% of the Voting Rights (taking into account the application of any Cumulative Appraisal Reduction Amounts to notionally
reduce the Certificate Balance of the Classes of Certificates), the Trustee shall promptly terminate the Operating Advisor for cause and
appoint a replacement Operating Advisor that is an Eligible Operating Advisor; provided that no such termination shall be effective
until a successor operating advisor has been appointed and has assumed all of the obligations of the Operating Advisor under this Agreement.
No such termination shall terminate, change, reduce, or otherwise modify the rights and obligations of the Operating Advisor that accrued
prior to such termination, including the right to receive all amounts accrued and owing to it under this Agreement, and other than indemnification
rights (arising out of events occurring prior to such termination). The Trustee may rely on a certification by the replacement Operating
Advisor that it is an Eligible Operating Advisor. Upon any termination of the Operating Advisor and appointment of a successor to the
Operating Advisor, the Trustee will, as soon as possible, be required to give written notice of the termination and appointment to the
applicable Special Servicer, the applicable Master Servicer, the Certificate Administrator, the 17g-5 Information Provider (for posting
to the 17g-5 Information Provider’s Website), the Depositor, the Directing Certificateholder, the Risk Retention Consultation Party,
any Companion Loan holder and the Certificateholders.

(l)               
The Holders of Certificates representing at least 25% of the Voting Rights affected by any Operating Advisor Termination Event
hereunder may waive such Operating Advisor Termination Event within twenty (20) days of the receipt of notice from the Trustee of the
occurrence of such Operating Advisor Termination Event. Upon any such waiver of an Operating Advisor Termination Event, such Operating
Advisor Termination Event shall cease to

    	 	-316-	 

     

    

exist and shall be deemed to have been remedied
for every purpose hereunder. Upon any such waiver of an Operating Advisor Termination Event by certificateholders, the trustee and the
certificate administrator will be entitled to recover all costs and expenses incurred by it in connection with enforcement action taken
with respect to such Operating Advisor Termination Event prior to such waiver from the Trust.

(m)           
Prior to the occurrence and continuance of a Control Termination Event, the Directing Certificateholder shall have the right to
consent, such consent not to be unreasonably withheld, conditioned or delayed, to the identity of any replacement Operating Advisor appointed
pursuant to this Section 3.26; provided, further, that such consent will be deemed to have been granted if no
objection is made within ten (10) Business Days following the Directing Certificateholder’s receipt of the request for consent
and, if granted or deemed granted, such consent cannot thereafter be revoked or withdrawn.

(n)              
The Operating Advisor may resign from its obligations and duties hereby imposed on it (a) upon thirty (30) days prior written
notice to the Depositor, each applicable Master Servicer, each applicable Special Servicer, the Trustee, the Certificate Administrator,
the Asset Representations Reviewer, the Directing Certificateholder and the Risk Retention Consultation Party, if applicable, and (b) upon
the appointment of, and the acceptance of such appointment by, a successor operating advisor that is an Eligible Operating Advisor and
receipt by the Trustee of Rating Agency Confirmation from each Rating Agency. No such resignation by the Operating Advisor shall become
effective until the replacement Operating Advisor shall have assumed the resigning Operating Advisor’s responsibilities and obligations.
The resigning Operating Advisor shall pay all costs and expenses (including costs and expenses incurred by the Trustee and the Certificate
Administrator) associated with a transfer of its duties pursuant to this Section 3.26.

(o)              
In the event there are no Classes of Certificates outstanding other than the Control Eligible Certificates, the RR Interest and
the Class X-F, Class X-G, Class X-H, Class F, Class V and Class R Certificates, then all of the rights and obligations of the Operating
Advisor shall terminate without payment of any termination fee (other than any rights or obligations that accrued prior to the date of
such termination (including accrued and unpaid compensation) and other than indemnification rights arising out of events occurring prior
to such termination). In connection with any termination pursuant to this Section 3.26(o), no successor operating advisor
shall be appointed. Upon receipt of written notice of such acts by a Responsible Officer of the Trustee, the Trustee shall provide the
Operating Advisor with prompt notice upon its termination pursuant to this Section 3.26(o).

(p)              
In the event the Operating Advisor resigns or is otherwise terminated for any reason it shall remain entitled to any accrued and
unpaid Operating Advisor Fees and Operating Advisor Consulting Fees and reimbursement of accrued and unpaid Operating Advisor Expenses
pursuant to Section 3.26(i) and shall also remain entitled to any rights of indemnification provided hereunder.

(q)              
The parties hereto agree, and the Certificateholders by their acceptance of their Certificates shall be deemed to have agreed,
that (i) subject to Section 6.04, the Operating Advisor shall have no liability to any Certificateholder for any actions
taken or for refraining from taking any actions under this Agreement, (ii) the Operating Advisor shall act solely as a contracting

    	 	-317-	 

     

    

party to the extent set forth in this Agreement,
(iii) the Operating Advisor shall have no (A) fiduciary duty, or (B) other duty except with respect to its specific obligations
under this Agreement, and shall have no duty to any particular Class of Certificates or particular Certificateholders, and (iv) the
Operating Advisor does not constitute an “investment adviser” within the meaning of the Investment Advisers Act of 1940, as
amended, or a “broker” or “dealer” within the meaning of the Exchange Act. Furthermore, the Operating Advisor
shall have no obligations or responsibility at any time to review the actions of a Master Servicer for compliance with the Servicing Standard,
and the Operating Advisor shall not be required to consider such Master Servicer actions in connection with any Operating Advisor Annual
Report.

(r)               
Neither the Operating Advisor nor any of its Affiliates shall make any investment in any Class of Certificates; provided,
however, that such prohibition shall not apply to (i) riskless principal transactions effected by a broker-dealer Affiliate
of the Operating Advisor or (ii) investments by an Affiliate of the Operating Advisor if the Operating Advisor and such Affiliate
maintain policies and procedures that (A) segregate personnel involved in the activities of the Operating Advisor under this Agreement
from personnel involved in such Affiliate’s investment activities and (B) prevent such Affiliate and its personnel from gaining
access to information regarding the Trust and the Operating Advisor and its personnel from gaining access to such Affiliate’s information
regarding its investment activities.

(s)              
The Operating Advisor shall at all times be an Eligible Operating Advisor and if the Operating Advisor ceases to be an Eligible
Operating Advisor, the Operating Advisor shall immediately resign under Section 3.26(n) of this Agreement and the Trustee
shall appoint a successor operating advisor subject to and in accordance with this Section 3.26. Notwithstanding the foregoing,
if the Trustee is unable to find a successor operating advisor within thirty (30) days of the termination of the Operating Advisor, the
Depositor shall be permitted to find a replacement.

(t)                
The Operating Advisor may delegate its duties and obligations to agents or subcontractors so long as the related agreements or
arrangements with such agents or subcontractors are consistent with the provisions of this Agreement related to the Operating Advisor’s
duties and obligations; provided that no agent or subcontractor may (i) be affiliated with a Sponsor, a Master Servicer,
a Special Servicer, the Depositor, the Certificate Administrator, the Trustee, the Directing Certificateholder or any of their respective
Affiliates or (ii) have been paid any fees, compensation or other remuneration by an Underwriter, a Master Servicer, a Special Servicer,
the Depositor, the Certificate Administrator, the Trustee, the Directing Certificateholder or any of their respective Affiliates in connection
with due diligence or other services with respect to any Mortgage Loan prior to the Closing Date. Notwithstanding the foregoing sentence,
the Operating Advisor shall remain obligated and primarily liable for its obligations hereunder in accordance with the provisions of this
Agreement without diminution of such obligation or liability or related obligation or liability by virtue of such delegation or arrangements
or by virtue of indemnification from any Person acting as its agents or subcontractor to the same extent and under the same terms and
conditions as if the Operating Advisor alone were performing its obligations under this Agreement. The Operating Advisor shall be entitled
to enter into an agreement with any agent or subcontractor providing for indemnification of the Operating Advisor by such agent or subcontractor,
and nothing contained in this Agreement shall be deemed to limit or modify such indemnification.

    	 	-318-	 

     

    

(u)              
 With respect to the determination of whether a Control Termination Event or Consultation Termination Event has occurred and is
continuing, or has terminated, the Operating Advisor is entitled to rely solely on its receipt from the Certificate Administrator of notice
thereof pursuant to Section 3.23(m), and, with respect to any obligations of the Operating Advisor that are performed only
after the occurrence and continuance of a Control Termination Event and/or Consultation Termination Event, the Operating Advisor shall
have no obligation to perform any such duties until the receipt of such notice or actual knowledge of the occurrence of a Control Termination
Event or Consultation Termination Event, as applicable.

Section 3.27       
Companion Paying Agent. (a) With respect to each of the Serviced
Companion Loans, the applicable Master Servicer shall be the Companion Paying Agent hereunder. The Companion Paying Agent undertakes
to perform such duties and only such duties as are specifically set forth in this Agreement.

(b)              
No provision of this Agreement shall be construed to relieve the Companion Paying Agent from liability for its negligent failure
to act, bad faith or its own willful misfeasance; provided, however, that the duties and obligations of the Companion Paying
Agent shall be determined solely by the express provisions of this Agreement. The Companion Paying Agent shall not be liable except for
the performance of such duties and obligations, no implied covenants or obligations shall be read into this Agreement against the Companion
Paying Agent. In the absence of bad faith on the part of the Companion Paying Agent, the Companion Paying Agent may conclusively rely,
as to the truth and correctness of the statements or conclusions expressed therein, upon any resolutions, certificates, statements, opinions,
reports, documents, orders or other instrument furnished to the Companion Paying Agent by any Person and which on their face do not contradict
the requirements of this Agreement.

(c)              
In the case of each of the Serviced Companion Loans, upon the resignation or removal of the applicable Master Servicer pursuant
to Article VII of this Agreement, the applicable Master Servicer, as the Companion Paying Agent, shall be deemed simultaneously
to resign or be removed.

(d)              
This Section 3.27 shall survive the termination of this Agreement or the resignation or removal of the Companion Paying
Agent, as regards to rights accrued prior to such resignation or removal.

Section 3.28       
Serviced Companion Noteholder Register. The Companion Paying Agent shall maintain a register (the “Serviced Companion
Noteholder Register”) with respect to each Serviced Companion Loan on which it will record the names and address of, and wire
transfer instructions for, the Serviced Companion Noteholders from time to time, to the extent such information is provided in writing
to it by each Serviced Companion Noteholder. The initial Serviced Companion Noteholders, along with their respective name and address,
are listed on Exhibit S hereto. In the event a Serviced Companion Noteholder transfers a Serviced Companion Loan without notice
to the Companion Paying Agent, the Companion Paying Agent shall have no liability for any misdirected payment in such Serviced Companion
Loan and shall have no obligation to recover and redirect such payment.

    	 	-319-	 

     

    

The Companion Paying Agent
shall promptly provide the name and address of any Serviced Companion Noteholder to any party hereto or any successor Serviced Companion
Noteholder upon written request and any such Person may, without further investigation, conclusively rely upon such information. The Companion
Paying Agent shall have no liability to any Person for the provision of any such name and address.

For the avoidance of doubt,
any notices or information required to be delivered pursuant to this Agreement by any party hereto to a Serviced Companion Noteholder
with respect to a Serviced Companion Loan that has been included in an Other Securitization shall be provided to the Other Servicer under
the Other Pooling and Servicing Agreement.

Section 3.29       
Certain Matters Relating to the Non-Serviced Mortgage Loans and the Serviced Pari Passu Companion Loans.(a) In
the event that any of the applicable Non-Serviced Trustee, the applicable Non-Serviced Master Servicer or the applicable Non-Serviced
Special Servicer shall be replaced in accordance with the terms of the applicable Non-Serviced PSA, the applicable Master Servicer and
the applicable Special Servicer shall acknowledge its successor as the successor to the applicable Non-Serviced Trustee, the applicable
Non-Serviced Master Servicer or the applicable Non-Serviced Special Servicer, as the case may be.

(b)               
If any of the Trustee, the Certificate Administrator or the applicable Master Servicer receives notice from a Rating Agency that
the applicable Master Servicer is no longer an “approved” master servicer by any of the Rating Agencies rating the Certificates,
then the Trustee, the Certificate Administrator or such Master Servicer, as applicable, shall promptly notify each Non-Serviced Master
Servicer of the same.

(c)              
In connection with the securitization of each Serviced Pari Passu Companion Loan, (in each case, only while it is a Serviced Companion
Loan), upon the request of (and at the expense of) the related Serviced Companion Noteholder (or its designee), each of the applicable
Master Servicer, the applicable Special Servicer and the Trustee, as applicable, shall use reasonable efforts to cooperate with such Serviced
Companion Noteholder in attempting to cause the related Mortgagor to provide information relating to such Whole Loan and the related notes,
and that such holder reasonably determines to be necessary or appropriate, for inclusion in any disclosure document(s) relating to such
Other Securitization.

(d)             
In connection with the sale of any Non-Serviced Whole Loan by any Non-Serviced Special Servicer, upon receipt of any notices or
materials required to be furnished by the Non-Serviced Special Servicer to the holder of the related Non-Serviced Mortgage Loan pursuant
to the related Intercreditor Agreement, the applicable Special Servicer shall, prior to the occurrence and continuance of a Control Termination
Event, forward such materials to the Directing Certificateholder for its consent, if such consent is required. The applicable Special
Servicer may (with the consent of the Directing Certificateholder prior to the occurrence and continuance of a Control Termination Event)
waive any timing or delivery requirements related to such sale to the extent set forth in the related Intercreditor Agreement.

(e)              
With respect to any Non-Serviced Mortgage Loan, the Directing Certificateholder (as determined under clause (B) of the definition
thereof), prior to the occurrence and continuance of a Consultation Termination Event, or the applicable Special Servicer,

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following the occurrence and during the continuance
of a Consultation Termination Event, shall be entitled to exercise any consultation rights held by the holder of such Mortgage Loan in
its capacity as a “Non-Controlling Note Holder” (or similar term identified in the related Intercreditor Agreement) under
the related Intercreditor Agreement.

(f)               
With respect to each Mortgage Loan that is part of a Whole Loan, this Agreement is subject to the related Intercreditor Agreement
and incorporates by reference all provisions required to be included herein pursuant to such Intercreditor Agreement.

(g)              
With respect to each Serviced Whole Loan, if any Serviced Companion Loan becomes the subject of an “asset review” (or
such analogous term defined in the related Other Pooling and Servicing Agreement) pursuant to the related Other Pooling and Servicing
Agreement, the applicable Master Servicer, the applicable Special Servicer, the Trustee and the Custodian shall reasonably cooperate with
the Other Asset Representations Reviewer or any other party to the Other Pooling and Servicing Agreement in connection with such Asset
Review by providing the Other Asset Representations Reviewer or such other requesting party with any documents reasonably requested by
the Other Asset Representations Reviewer or such other requesting party, but only to the extent such documents are in the possession of
such Master Servicer, such Special Servicer, the Trustee or the Custodian, as the case may be, but in any event excluding any documents
known to such Master Servicer, such Special Servicer, the Trustee or the Custodian to contain information that is proprietary to the related
originator or Mortgage Loan Seller or any draft documents or privileged or internal communications.

(h)              
With respect to any Non-Serviced Mortgage Loan, if the applicable Master Servicer or Special Servicer shall receive any communication
from the applicable Non-Serviced Master Servicer or Non-Serviced Special Servicer regarding any Major Decision pursuant to clause (xii)
of the definition of such term or “Master Servicer Decision” pursuant to clause (ix) of the definition of such term,
then such Master Servicer or Special Servicer shall forward the communication to the Directing Certificateholder (and to the applicable
Master Servicer, if the applicable Special Servicer is forwarding such communication, and to the applicable Special Servicer if the applicable
Master Servicer is forwarding such communication), and the Master Servicer or the Special Servicer, as the case may be, shall reasonably
cooperate with the applicable Non-Serviced Master Servicer or the applicable Non-Serviced Special Servicer, as the case may be, in effecting
any action by the applicable Non-Serviced Master Servicer or the applicable Non-Serviced Special Servicer, in any such case subject to
and consistent with the related Intercreditor Agreement.

(i)                
During the period from and after the date on which a Serviced Pari Passu Companion Loan is deposited into an Other Securitization,
not later than 5:00 p.m. (New York City time) on each related Serviced Whole Loan Remittance Date the General Master Servicer shall prepare
(if and to the extent necessary) and deliver or cause to be delivered in electronic format to the related other master servicer under
the related Other Pooling and Servicing Agreement the following reports and data files with respect to such Serviced Pari Passu Companion
Loan: (A) to the extent the General Master Servicer has received the CREFC® Special Servicer Loan File at the time required,
the most recent CREFC® Delinquent Loan Status Report, CREFC® Historical Loan Modification/Forbearance and
Corrected Mortgage Loan Report and the CREFC® REO Status Report, (B) the CREFC® Loan Setup File (only
with respect to the first

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“distribution date” (or analogous
term) as defined in the related Other Pooling and Servicing Agreement), (C) the most recent CREFC® Property File and
the CREFC® Comparative Financial Status Report (in each case incorporating the data required to be included in the CREFC®
Special Servicer Loan File pursuant to Section 3.12(c) by the General Special Servicer and the General Master Servicer), (D) a
CREFC® Servicer Watch List with information that is current as of such Serviced Whole Loan Remittance Date, (E) a
CREFC® Financial File, (F) a CREFC® Loan Level Reserve/LOC Report, (G) a CREFC®
Advance Recovery Report, (H) a CREFC® Total Loan Report, (I) the CREFC® Loan Periodic Update File and
(J) the CREFC® Significant Insurance Event Report. Additionally, not later than 5:00 p.m. (New York City time) on
each related Serviced Whole Loan Remittance Date, the General Master Servicer shall deliver or cause to be delivered in electronic format
to the related other master servicer under the related Other Pooling and Servicing Agreement any applicable CREFC® Loan
Liquidation Reports, CREFC® Loan Modification Reports and CREFC® REO Liquidation Reports received from the
General Special Servicer. In no event shall any report described in this Section 3.29(i) be required to reflect information
that has not been collected by or delivered to the General Master Servicer, or any payments or collections not received by the General
Master Servicer, as of the close of business on the Business Day prior to the Business Day on which the report is due. In addition, the
General Master Servicer shall deliver or cause to be delivered in electronic format to the related other master servicer under the related
Other Pooling and Servicing Agreement any and all other reports required to be delivered by the General Master Servicer to the Certificate
Administrator hereunder pursuant to the terms hereof to the extent related to such Serviced Pari Passu Companion Loan.

(j)                
On a Servicing Shift Securitization Date, (i) the Custodian shall, upon receipt of a Request for Release, transfer the related
Mortgage File (other than the Mortgage Note evidencing the related Servicing Shift Mortgage Loan, the original of which shall be retained
by the Custodian) for the related Servicing Shift Whole Loan to the related Non-Serviced Trustee under the related Non-Serviced
PSA and retain a copy of such Mortgage File and (ii) the applicable Master Servicer shall, upon receipt of notice from the applicable
Mortgage Loan Seller that the applicable Servicing Shift Lead Note has been or is being securitized on the related Servicing Shift Securitization
Date, transfer (and cooperate with reasonable requests in connection with such transfer of) the Servicing File for the related Servicing
Shift Whole Loan, and any Escrow Payments, reserve funds and originals of items specified in clauses (x) and (xii)
of the definition of “Mortgage File” for the related Servicing Shift Whole Loan, to the related Non-Serviced Master Servicer
on the related Servicing Shift Securitization Date

(k)              
Promptly upon any change in the identity of the applicable Master Servicer, the successor Master Servicer shall deliver notice
of such change (together with the contact information of such successor Master Servicer) to each Non-Serviced Trustee, Non-Serviced Certificate
Administrator, Non-Serviced Special Servicer, Non-Serviced Master Servicer and Non-Serviced Operating Advisor.

Section 3.30       
Certain Matters with Respect to Joint Mortgage Loans.

(a)              
If a Mortgage Loan Seller with respect to a Joint Mortgage Loan (a “Repurchasing Mortgage Loan Seller”) repurchases
the Mortgage Note(s) (as such term is defined in this Section 3.30(a)) (a “Repurchased Note”) related to such
Joint Mortgage Loan that it sold to the Depositor, but the other Mortgage Loan Seller with respect to such Joint Mortgage Loan does

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not repurchase the Mortgage Note(s) related
to such Joint Mortgage Loan that it sold to the Depositor, the provisions of this Section 3.30 shall apply prior to the adoption,
pursuant to Section 13.01(l), of any amendment to this Agreement that provides otherwise. Each Mortgage Loan Seller of a Joint
Mortgage Loan has agreed pursuant to the terms of the related Mortgage Loan Purchase Agreement that the terms set forth in this Section
3.30 with respect to the servicing and administration of such Joint Mortgage Loan shall apply if one or more of the Mortgage Notes
related to such Joint Mortgage Loan has been repurchased from the Trust and at least one other Mortgage Note related to such Joint Mortgage
Loan is included in the Trust until such time as all of the Mortgage Notes related to such Joint Mortgage Loan are no longer included
in the Trust. For purposes of this Section 3.30, Section 13.01(l) and Section 13.08(a) only, “Mortgage
Note” shall mean with respect to any Joint Mortgage Loan, each original promissory note that collectively represents the Mortgage
Note (as defined in Article I) with respect to such Joint Mortgage Loan and shall not be a collective reference to such promissory
notes. With respect to any Joint Mortgage Loan that is part of a Whole Loan, clauses (b)–(j) below shall not apply,
and the terms of the related Intercreditor Agreement shall continue to govern the relationship between the related Mortgage Notes as if
each related Repurchased Note were a Serviced Pari Passu Companion Loan or Non-Serviced Pari Passu Companion Loan, as applicable. With
respect to any other Joint Mortgage Loan, clauses (b)–(j) below shall apply to such Joint Mortgage Loan.

(b)              
Custody of and record title under the Mortgage Loan documents with respect to the applicable Joint Mortgage Loan shall be held
exclusively by the Custodian as provided under this Agreement or, with respect to a Non-Serviced Mortgage Loan, the Non-Serviced Custodian
as provided under the related Non-Serviced PSA, except that the Repurchasing Mortgage Loan Seller shall hold and retain title to its original
Repurchased Note(s) and any related endorsements thereof.

(i)                 
All of the Mortgage Notes with respect to any Joint Mortgage Loan shall be of equal priority with each other, and no portion of
any Mortgage Note shall have priority or preference over any other portion of the other Mortgage Notes or security therefor. Payments
from the related Mortgagor (including, without limitation, any Penalty Charges) or any other amounts received with respect to each Mortgage
Note shall be collected as provided in this Agreement by the applicable Master Servicer and shall be applied upon receipt by such Master
Servicer pro rata to each related Mortgage Note based on its respective Mortgage Loan Seller Percentage Interest, subject to Section
3.30(b)(ii). Payments or any other amounts received with respect to the related Repurchased Note shall be held in trust for the benefit
of the applicable Repurchasing Mortgage Loan Seller and remitted (net of its pro rata share of amounts payable at the Administrative
Fee Rate and any other amounts due to the applicable Master Servicer or the applicable Special Servicer) to the applicable Repurchasing
Mortgage Loan Seller or its designee by the applicable Master Servicer on each Distribution Date pursuant to instructions provided by
the applicable Repurchasing Mortgage Loan Seller and deposited and applied in accordance with this Agreement, subject to Section 3.30(b)(ii).
If any Joint Mortgage Loan to which this Section 3.30 applies becomes an REO Loan, payments or any other amounts received with
respect to any such Joint Mortgage Loan shall be collected and shall be applied upon receipt by the applicable Master Servicer pro
rata to each related Mortgage Note based on its respective Mortgage Loan Seller Percentage Interest, subject to Section 3.30(b)(ii).
Any Appraisal Reduction Amounts calculated with respect to any Joint Mortgage Loan subject

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to this Section 3.30 shall be
allocated to each related Mortgage Note pro rata based upon the respective unpaid principal balances thereof.

(ii)              
If the applicable Master Servicer or the applicable Special Servicer, as applicable, receives an aggregate payment of less than
the aggregate amount due under any such Joint Mortgage Loan at any particular time, the applicable Repurchasing Mortgage Loan Seller shall
receive from such Master Servicer an amount equal to its Mortgage Loan Seller Percentage Interest of such payment. All expenses, losses
and shortfalls relating solely to such Joint Mortgage Loan including, without limitation, losses of principal or interest, Nonrecoverable
Advances, interest on Servicing Advances, Special Servicing Fees, Workout Fees and Liquidation Fees (including any such fees related to
the applicable Mortgage Notes), shall be allocated between the holders of the related Mortgage Notes pro rata based upon the respective
unpaid principal balances thereof. In no event shall any costs, expenses, fees or any other amounts related to any Mortgage Loan or Joint
Mortgage Loan other than the applicable Joint Mortgage Loan be deducted from payments or any other amounts received with respect to such
Joint Mortgage Loan and payable to the applicable Repurchasing Mortgage Loan Seller.

(iii)             
A Joint Mortgage Loan that is not a Non-Serviced Mortgage Loan and to which this Section 3.30 applies shall be serviced
for the benefit of the applicable Repurchasing Mortgage Loan Seller and the Certificateholders pursuant to the terms and conditions of
this Agreement in accordance with the Servicing Standard and in accordance with the provisions herein as if (A) such Joint Mortgage Loan
were a Serviced Whole Loan, (B) the related Mortgage Note(s) not repurchased were (1) a Serviced Pari Passu Mortgage Loan and (2)
the only Mortgage Loan that is part of such Joint Mortgage Loan (or related Serviced Whole Loan), and (C) the related Repurchased Note
were a Serviced Pari Passu Companion Loan. No Repurchasing Mortgage Loan Seller shall be permitted to terminate the applicable Master
Servicer, the applicable Special Servicer or the Operating Advisor as servicer, special servicer or operating advisor, respectively, of
the related Repurchased Note. All rights of the mortgagee under each such Joint Mortgage Loan shall be exercised by the applicable Master
Servicer or the applicable Special Servicer, as applicable, on behalf of the Trust to the extent of its interest therein and the applicable
Repurchasing Mortgage Loan Seller in accordance with this Agreement.

(iv)            
With respect to a Joint Mortgage Loan that is not a Non-Serviced Mortgage Loan and to which this Section 3.30 applies, the
related Repurchasing Mortgage Loan Seller shall be treated hereunder as if it were a Serviced Pari Passu Companion Loan holder on a pari
passu basis. Funds collected by the applicable Master Servicer or the applicable Special Servicer, as applicable, and applied to the applicable
Mortgage Notes shall be deposited and disbursed in accordance with the provisions hereof relating to holders of promissory notes comprising
Serviced Whole Loans that are pari passu in right of payment. Compensation shall be paid to the applicable Master Servicer, the
applicable Special Servicer and the Operating Advisor with respect to each Repurchased Note as provided in this Agreement as if each such
Repurchased Note were a Serviced Pari Passu Companion Loan. None of the Trustee, the Certificate Administrator, the Custodian, the applicable
Master Servicer, the applicable Special Servicer or the Operating Advisor shall have any obligation to make P&I Advances with respect
to any Repurchased Note or, if no

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related Mortgage Note is part of the
Trust, a Servicing Advance with respect to any Repurchased Note. Except as otherwise specified herein, the applicable Master Servicer
and the applicable Special Servicer shall have no reporting requirement with respect to any Repurchased Note other than to deliver to
the related Repurchasing Mortgage Loan Seller any document as is required to be delivered to a holder of a Serviced Pari Passu Companion
Loan hereunder.

(c)              
If any non-repurchased Mortgage Note relating to a Joint Mortgage Loan to which this Section 3.30 applies is a Specially
Serviced Loan, then any related Repurchased Note shall also be a Specially Serviced Loan under this Agreement. The applicable Special
Servicer shall cause such related Repurchased Note to be specially serviced for the benefit of the applicable Repurchasing Mortgage Loan
Seller in accordance with the terms and provisions set forth in this Agreement and shall be entitled to any Special Servicing Fee, Workout
Fee or Liquidation Fee payable to such Special Servicer under this Agreement as with respect to a Serviced Pari Passu Companion Loan.

(d)              
If (A) the applicable Master Servicer shall pay any amount to any Repurchasing Mortgage Loan Seller pursuant to the terms hereof
in the belief or expectation that a related payment has been made or will be received or collected in connection with any or all of the
applicable Mortgage Notes and (B) such related payment is not received or collected by such Master Servicer, then the applicable Repurchasing
Mortgage Loan Seller shall promptly on demand by such Master Servicer return such amount to such Master Servicer. If such Master Servicer
determines at any time that any amount received or collected by such Master Servicer in respect of any Joint Mortgage Loan to which this
Section 3.30 applies must be returned to the related Mortgagor or paid to any other person or entity pursuant to any insolvency
law or otherwise, notwithstanding any other provision of this Agreement, such Master Servicer shall not be required to distribute any
portion thereof to the related Repurchasing Mortgage Loan Seller, and such Repurchasing Mortgage Loan Seller shall promptly on demand
by such Master Servicer repay (which obligation shall survive the termination of this Agreement) any portion thereof that such Master
Servicer shall have distributed to such Repurchasing Mortgage Loan Seller, together with interest thereon at such rate, if any, as such
Master Servicer may pay to the related Mortgagor or such other person or entity with respect thereto.

(e)              
With respect to a Joint Mortgage Loan that is not a Non-Serviced Mortgage Loan and to which this Section 3.30 applies, subject
to this Agreement (including, without limitation, the consent and consultation rights of the Directing Certificateholder and any consultation
rights of the Operating Advisor), the applicable Master Servicer or the applicable Special Servicer, as applicable, on behalf of the holders
of any of the Repurchased Notes, shall have the exclusive right and obligation to (i) administer, service and make all decisions and determinations
regarding the related Joint Mortgage Loan and (ii) enforce the applicable Mortgage Loan documents as provided hereunder. Without limiting
the generality of the preceding sentence, the applicable Master Servicer or the applicable Special Servicer, as applicable, may agree
to any modification, waiver or amendment of any term of, forgive interest on and principal of, capitalize interest on, permit the release,
addition or substitution of collateral securing, and/or permit the release of the related Mortgagor on or any guarantor of any Joint Mortgage
Loan it is required to service and administer as contemplated by this Section 3.30, without the consent of the related

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Repurchasing Mortgage Loan Seller, subject,
however, to the terms of this Agreement as they pertain to a Serviced Pari Passu Companion Loan.

(f)               
In taking or refraining from taking any action permitted hereunder, the applicable Master Servicer and the applicable Special Servicer
shall each be subject to the same degree of care with respect to the administration and servicing of the Joint Mortgage Loans that are
not Non-Serviced Mortgage Loans and to which this Section 3.30 applies as is consistent with this Agreement and shall be liable
to any Repurchasing Mortgage Loan Seller only to the same extent as set forth herein with respect to any holder of a Serviced Pari Passu
Companion Loan.

(g)              
If the Trustee, the applicable Master Servicer or the applicable Special Servicer has made a Servicing Advance with respect to
any Repurchased Note which would otherwise be reimbursable to such advancing party under this Agreement, and such Advance is determined
to be a Nonrecoverable Advance, the applicable Repurchasing Mortgage Loan Seller shall reimburse the Trust in an amount equal to such
Repurchasing Mortgage Loan Seller’s Mortgage Loan Seller Percentage Interest of such Nonrecoverable Advance with interest thereon.
Notwithstanding the foregoing, the applicable Repurchasing Mortgage Loan Seller shall not be obligated to reimburse the Trustee, the applicable
Master Servicer or the applicable Special Servicer (and amounts due to the applicable Repurchasing Mortgage Loan Seller shall not be offset)
for Advances or interest thereon or any amounts related to any Mortgage Loans or any other Joint Mortgage Loan other than such amounts
relating to the applicable Repurchased Note. To the extent that the applicable Repurchasing Mortgage Loan Seller reimburses any such Nonrecoverable
Advances and such amounts are subsequently recovered, the applicable Repurchasing Mortgage Loan Seller shall receive a reimbursement from
such recovery based on its Mortgage Loan Seller Percentage Interest of such recovery. This reimbursement right shall not limit the Trustee’s,
the applicable Master Servicer’s or the applicable Special Servicer’s rights to reimbursement under this Agreement. Notwithstanding
anything to the contrary contained herein, the total liability of each Repurchasing Mortgage Loan Seller shall not exceed an amount equal
to its Mortgage Loan Seller Percentage Interest of the amount to be reimbursed.

(h)              
Each Repurchasing Mortgage Loan Seller shall have the right to assign the related Repurchased Note; provided that, with
respect to a Joint Mortgage Loan that is not a Non-Serviced Mortgage Loan and to which this Section 3.30 applies, the assignee
of the related Repurchased Note shall agree in writing to be bound by the terms of this Agreement.

(i)                
With respect to a Joint Mortgage Loan that is not a Non-Serviced Mortgage Loan and to which this Section 3.30 applies, the
applicable Master Servicer and the applicable Special Servicer shall, in connection with their servicing and administrative duties under
this Agreement, exercise efforts consistent with the Servicing Standard to execute and deliver, on behalf of each Repurchasing Mortgage
Loan Seller as a holder of a pari passu interest in the applicable Joint Mortgage Loan, any and all financing statements, continuation
statements and other documents and instruments necessary to maintain the lien created by any Mortgage or other security document related
to the applicable Joint Mortgage Loan on the related Mortgaged Property and related collateral, any and all modifications, waivers, amendments
or consents to or with respect to the related Joint Mortgage Loan documents, and any and all instruments of satisfaction or cancellation,
or of full release or discharge, and all other comparable instruments with respect to the related Repurchased Note or related Repurchased
Notes and the related

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Mortgaged Property all in accordance with,
and subject to, the terms of this Agreement. Each Repurchasing Mortgage Loan Seller agrees to furnish, or cause to be furnished, to the
applicable Master Servicer and the applicable Special Servicer any powers of attorney or other documents necessary or appropriate to enable
such Master Servicer or such Special Servicer, as the case may be, to carry out its servicing and administrative duties under this Agreement
related to the applicable Joint Mortgage Loan; provided, that such Repurchasing Mortgage Loan Seller shall not be liable, and shall
be indemnified by the applicable Master Servicer or the applicable Special Servicer, as applicable, for any negligence with respect to,
or misuse of, any such power of attorney by such Master Servicer or such Special Servicer, as the case may be; provided, further,
that the applicable Master Servicer or the applicable Special Servicer, without the written consent of the applicable Repurchasing Mortgage
Loan Seller, shall not initiate any action in the name of such Repurchasing Mortgage Loan Seller without indicating its representative
capacity or take any action with the intent to cause and that actually causes, such Repurchasing Mortgage Loan Seller to be registered
to do business in any state.

(j)              
Pursuant to the related Mortgage Loan Purchase Agreement, the applicable Repurchasing Mortgage Loan Seller is required to deliver
to the applicable Master Servicer or the applicable Special Servicer, as applicable, the Mortgage Loan documents related to the applicable
Repurchased Note, any requests for release and any court pleadings, requests for trustee’s sale or other documents necessary to
the foreclosure or trustee’s sale in respect of the related Mortgaged Property or to any legal action or to enforce any other remedies
or rights provided by the Mortgage Note(s) or the Mortgage(s) or otherwise available at law or equity with respect to the related Repurchased
Note.

Section 3.31       
[RESERVED].

Section 3.32       
Litigation Control. (a) With respect to any Serviced Mortgage Loan,
any Serviced Companion Loan or any related REO Loan or related REO Property, the applicable Special Servicer shall, in accordance with
the Servicing Standard, direct, manage, prosecute and/or defend any action brought by a Mortgagor, guarantor, or other obligor on the
related Note or any Affiliates thereof (each a “Borrower-Related Party”) against the Trust, any Master Servicer and/or
any Special Servicer or any predecessor master servicer or special servicer, and represent the interests of the Trust in any litigation
relating to the rights and obligations of the Trust, or of the Mortgagor or other Borrower-Related Party under the related Mortgage Loan
documents, or with respect to the related Mortgaged Property or other collateral securing such Mortgage Loan (or Serviced Whole Loan),
or otherwise with respect to the enforcement of the obligations of a Borrower-Related Party under the related Mortgage Loan documents
(“Trust-Related Litigation”). In the event that any Master Servicer is named in any Trust-Related Litigation but no
Special Servicer is named in such Trust-Related Litigation (regardless of whether the Trust is named in such Trust-Related Litigation),
the applicable Master Servicer shall notify the applicable Special Servicer of such litigation as soon as practicable but in any event
no later than within ten (10) Business Days of such Master Servicer receiving service of such Trust-Related Litigation. The Operating
Advisor shall not be required to review the actions of the applicable Special Servicer with respect to Trust-Related Litigation unless
such review is otherwise related to the performance of the Operating Advisor’s duties, rights and obligations in respect of a Final
Asset Status Report and/or Asset Status Report.

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(b)              
 To the extent a Master Servicer is named in the Trust-Related Litigation, and neither the Trust nor a Special Servicer is named,
in order to effectuate the role of the applicable Special Servicer as contemplated by the immediately preceding subsection, such Master
Servicer shall (i) provide monthly status reports to the applicable Special Servicer regarding such Trust-Related Litigation; (ii) seek
to have the Trust replace such Master Servicer as the appropriate party to the lawsuit; and (iii) so long as such Master Servicer remains
a party to the lawsuit, consult with and act at the direction of the applicable Special Servicer with respect to decisions and resolutions
related to the interests of the Trust in such Trust-Related Litigation, including but not limited to the selection of counsel; provided
that such Master Servicer shall have the right to engage separate counsel relating to claims against such Master Servicer to the extent
set forth in Section 3.32(e); and provided, however, that if there are claims against such Master Servicer and
such Master Servicer has not determined that separate counsel is required for such claims, such counsel shall be reasonably acceptable
to such Master Servicer.

(c)              
No Special Servicer shall (i) undertake (or direct any Master Servicer to undertake) any material settlement of any Trust-Related
Litigation or (ii) initiate any material Trust-Related Litigation unless and until it has notified in writing the Directing Certificateholder
(only if the related Mortgage Loan is not an Excluded Loan and prior to the occurrence and continuance of a Consultation Termination Event)
(to the extent the identity of the Directing Certificateholder is actually known to such Special Servicer; provided that such Special
Servicer shall make due inquiry of the Certificate Administrator as to the identity of the Directing Certificateholder) and the related
holder of any Serviced Companion Loan (if such matter affects such related Serviced Companion Loan) (to the extent the identity of the
holder of such Serviced Companion Loan is actually known to such Special Servicer) and the Directing Certificateholder (only if the related
Mortgage Loan is not an Excluded Loan and prior to the occurrence and continuation of a Control Termination Event) has not objected in
writing within five (5) Business Days of having been notified thereof and having been provided with all information that the Directing
Certificateholder has reasonably requested with respect thereto promptly following its receipt of the subject notice (it being understood
and agreed that if such written objection has not been received by such Special Servicer within such 5 Business Day period, then the Directing
Certificateholder shall be deemed to have approved the taking of such action); provided that, if the applicable Special Servicer
determines (consistent with the Servicing Standard) that immediate action is necessary to protect the interests of the Certificateholders
and, with respect to a Serviced Whole Loan, the related Companion Holders, such Special Servicer may take such action without waiting
for the Directing Certificateholder’s response.

(d)              
Notwithstanding the foregoing, no Special Servicer or Master Servicer shall follow any advice, direction or consultation provided
by the Directing Certificateholder or the Risk Retention Consultation Party (or any other party to this Agreement) that would require
or cause such Special Servicer or Master Servicer, as applicable, to violate any applicable law, be inconsistent with the Servicing Standard,
require or cause such Special Servicer or Master Servicer, as applicable, to violate provisions of this Agreement, require or cause such
Special Servicer or Master Servicer, as applicable, to violate the terms of any Mortgage Loan or Serviced Whole Loan, expose any Certificateholder
or any party to this Agreement or their Affiliates, officers, directors or agents to any claim, suit or liability, cause any REMIC created
hereunder to fail to qualify as a REMIC, result in the imposition of a “prohibited transaction” or “prohibited

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contribution” tax under the REMIC Provisions
or materially expand the scope of such Special Servicer’s or Master Servicer’s, as the case may be, responsibilities under
this Agreement.

(e)              
Notwithstanding the right of a Special Servicer to represent the interests of the Trust in Trust-Related Litigation, and subject
to the rights of such Special Servicer to direct the applicable Master Servicer’s actions in this Section 3.32, such
Master Servicer shall retain the right to make determinations relating to claims against such Master Servicer, including but not limited
to the right to engage separate counsel and to appear in any proceeding on its own behalf in such Master Servicer’s reasonable discretion,
the cost of which shall be subject to indemnification as and to the extent provided in this Agreement.

(f)               
Further, nothing in this section shall require a Master Servicer to take or fail to take any action which, in such Master Servicer’s
good faith and reasonable judgment, may (i) result in a violation of the REMIC Provisions or (ii) subject such Master Servicer to liability
or materially expand the scope of such Master Servicer’s obligations under this Agreement.

(g)              
Notwithstanding any Master Servicer’s right to make determinations relating to claims against such Master Servicer, the applicable
Special Servicer shall have the right at any time in accordance with the Servicing Standard to (i) direct such Master Servicer to settle
any claims asserted against such Master Servicer (whether or not the Trust or the applicable Special Servicer is named in any such claims
or Trust-Related Litigation) (and with respect to any material settlements with respect to any Mortgage Loan other than an Excluded Loan,
with the consent or consultation of the Directing Certificateholder prior to a Control Termination Event or Consultation Termination Event,
respectively) and (ii) otherwise reasonably direct the actions of such Master Servicer relating to claims against such Master Servicer
(whether or not the Trust or the applicable Special Servicer is named in any such claims or Trust-Related Litigation), provided
in either case that (A) such settlement or other direction does not require any admission of liability or wrongdoing on the part of such
Master Servicer, (B) the cost of such settlement or any resulting judgment is and shall be paid by the Trust and payment of such cost
or judgment is provided for in this Agreement, (C) such Master Servicer is and shall be indemnified as and to the extent provided in this
Agreement for all costs and expenses of such Master Servicer incurred in defending and settling the Trust-Related Litigation and for any
judgment, (D) any such action taken by such Master Servicer at the direction of the applicable Special Servicer shall be deemed (as to
such Master Servicer) to be in compliance with the Servicing Standard and (E) the applicable Special Servicer provides such Master Servicer
with assurance reasonably satisfactory to such Master Servicer as to the items in clauses (A), (B) and (C).

(h)              
In the event both a Master Servicer and a Special Servicer or Trust are named in Trust-Related Litigation, such Master Servicer
and Special Servicer shall cooperate with each other to afford such Master Servicer and Special Servicer the rights afforded to such party
in this Section 3.32.

This Section 3.32
shall not apply in the event the applicable Special Servicer authorizes the applicable Master Servicer, and such Master Servicer agrees
(both authority and agreement to be in writing), to make certain decisions or control certain Trust-Related Litigation on behalf of the
Trust in accordance with the Servicing Standard.

    	 	-329-	 

     

    

Notwithstanding the foregoing,
(i) in the event that any action, suit, litigation or proceeding names the Trustee in its individual capacity, or in the event that any
judgment is rendered against the Trustee in its individual capacity, the Trustee, upon prior written notice to the applicable Master Servicer
or the applicable Special Servicer, as the case may be, may retain counsel and appear in any such proceeding on its own behalf in order
to protect and represent its interests (but not to otherwise direct, manage or prosecute such litigation or claim); (ii) in the event
of any action, suit, litigation or proceeding, other than an action, suit, litigation or proceeding relating to the enforcement of the
obligations of a Mortgagor, guarantor or other obligor under the related Mortgage Loan documents, or otherwise relating to one or more
Mortgage Loans or Mortgaged Properties, no Master Servicer or Special Servicer shall, without the prior written consent of the Trustee,
(A) initiate an action, suit, litigation or proceeding in the name of the Trustee, whether in such capacity or individually, (B) engage
counsel to represent the Trustee, or (C) prepare, execute or deliver any government filings, forms, permits, registrations or other documents
or take any other similar actions with the intent to cause, and that actually causes, the Trustee to be registered to do business in any
state (provided that no Master Servicer or Special Servicer shall be responsible for any delay due to the unwillingness of the
Trustee to grant such consent); and (iii) in the event that any court finds that the Trustee is a necessary party in respect of any action,
suit, litigation or proceeding relating to or arising from this Agreement or any Mortgage Loan, the Trustee shall have the right to retain
counsel and appear in any such proceeding on its own behalf in order to protect and represent its interests, whether as Trustee or individually
(but not to otherwise direct, manage or prosecute such litigation or claim); provided, however, that nothing in this subsection
shall be interpreted to preclude the applicable Special Servicer (with respect to any material Trust-Related Litigation with respect to
any Mortgage Loan other than an Excluded Loan, with the consent or consultation of the Directing Certificateholder prior to the occurrence
and continuance of a Control Termination Event or Consultation Termination Event, respectively, to the extent required in Section 3.32(c),
respectively) from initiating any action, suit, litigation or proceeding in its name as representative of the Trustee of the Trust.

Section 3.33       
Delivery of Excluded Information to the Certificate Administrator. Any Excluded Information that a Master Servicer, a Special
Servicer or the Operating Advisor identifies and delivers to the Certificate Administrator for posting to the Certificate Administrator’s
Website shall be delivered to the Certificate Administrator via e-mail (or such other electronic means as is mutually acceptable to the
parties) in one or more separate files labeled “Excluded Information” followed by the applicable loan name and loan file to
cmbsexcludedinformation@wellsfargo.com. For the avoidance of doubt, any information that is not appropriately labeled and delivered
in accordance with this Section 3.33 shall not be separately posted as Excluded Information on the Certificate Administrator’s
Website, and any information appropriately labeled and delivered to the Certificate Administrator pursuant to this Section 3.33
shall be posted on the Certificate Administrator’s Website under the “Excluded Information” section, as provided under
Section 3.13. When so posted, the Excluded Controlling Class Holders shall be prohibited from the access of Excluded Information
with respect to any Excluded Controlling Class Loans on the Certificate Administrator’s Website (unless a loan-by-loan segregation
is later performed by the Certificate Administrator in which case such access shall only be prohibited with respect to the related Excluded
Controlling Class Loans). Each applicable Master Servicer, each applicable Special Servicer and the Operating Advisor shall have no obligations
to separately label and deliver any Excluded Information in accordance with this

    	 	-330-	 

     

    

Section 3.33 until such party has
received written notice with respect to the related Excluded Controlling Class Loan in the form of Exhibit P-1E to this Agreement.
Nothing set forth in this Agreement shall prohibit the Directing Certificateholder or any Controlling Class Certificateholder from receiving,
requesting or reviewing any Excluded Information relating to any Excluded Controlling Class Loan with respect to which the Directing Certificateholder
or such Controlling Class Certificateholder is not a Borrower Party and, if such Excluded Information is not available on the Certificate
Administrator’s Website on account of it constituting Excluded Information, such Directing Certificateholder or Controlling Class
Certificateholder that is not a Borrower Party with respect to the related Excluded Controlling Class Loan shall be permitted to obtain
such information in accordance with Section 4.02(f) of this Agreement.

[End of Article III]

Article IV

DISTRIBUTIONS TO CERTIFICATEHOLDERS

Section 4.01       
Distributions.

(a)              
Distributions of Available Funds. On each Distribution Date, to the extent of the Available Funds for such Distribution
Date, the Certificate Administrator shall be deemed to transfer the Lower-Tier Distribution Amount from the Lower-Tier REMIC Distribution
Account to the Upper-Tier REMIC Distribution Account in the amounts and priorities set forth in Section 4.01(c) with respect
to each Class of Lower-Tier Regular Interests (other than the LRR Uncertificated Interest), and immediately thereafter, shall make distributions
thereof from the Upper-Tier REMIC Distribution Account in the following order of priority, satisfying in full, to the extent required
and possible, each priority before making any distribution with respect to any succeeding priority:

(i)                 
first, to the Holders of the Class A-1 Certificates, the Class A-SB Certificates, the Class X-D Certificates,
the Class X-F Certificates, the Class X-G Certificates and the Class X-H Certificates and to the Grantor Trust in respect of the Class
A-3 Upper-Tier Regular Interest, Class A-3-X1 Upper-Tier Regular Interest, Class A-3-X2 Upper-Tier Regular Interest, Class A-4 Upper-Tier
Regular Interest, Class A-4-X1 Upper-Tier Regular Interest and Class A-4-X2 Upper-Tier Regular Interest pro rata (based upon their
respective Interest Distribution Amounts for such Distribution Date), in respect of interest, up to an amount equal to the aggregate Interest
Distribution Amount in respect of such Classes of Certificates or Exchangeable Upper-Tier Regular Interests for such Distribution Date;

(ii)                                 second , to the Holders of the Class A-1 Certificates and the Class A-SB Certificates and the Grantor Trust in
respect of the Class A-3 Upper-Tier Regular Interest and the Class A-4 Upper-Tier Regular Interest, in reduction of the Certificate Balances
thereof: (I) prior to the Cross-Over Date (1) first, to the Holders of the Class A-SB Certificates, in an amount
up to the Principal Distribution Amount, until the outstanding Certificate Balance of the Class A-SB Certificates has been reduced
to the Class A-SB Planned Principal Balance for such Distribution Date; (2) second, to the Holders of the

    	 	-331-	 

     

    

Class A-1 Certificates, in an amount
up to the Principal Distribution Amount (or the portion thereof remaining after any distributions specified in sub-clause (1)
above have been made on such Distribution Date), until the outstanding Certificate Balance of the Class A-1 Certificates has been
reduced to zero; (3) third, to the Grantor Trust in respect of the Class A-3 Upper-Tier Regular Interest in an amount up to
the Principal Distribution Amount (or the portion thereof remaining after any distributions specified in sub-clauses (1) and (2)
above have been made on such Distribution Date), until the outstanding Certificate Balance of the Class A-3 Upper-Tier Regular Interest
has been reduced to zero; (4) fourth, to the Grantor Trust in respect of the Class A-4 Upper-Tier Regular Interest in an amount
up to the Principal Distribution Amount (or the portion thereof remaining after any distributions specified in sub-clauses (1),
(2) and (3) above have been made on such Distribution Date), until the outstanding Certificate Balance of the Class A-4
Upper-Tier Regular Interest has been reduced to zero; and (5) fifth, to the Holders of the Class A-SB Certificates, in
an amount up to the Principal Distribution Amount (or the portion thereof remaining after any distributions specified in sub-clauses
(1), (2), (3) and (4) above have been made on such Distribution Date), until the outstanding Certificate Balance
of the Class A-SB Certificates has been reduced to zero; and (II) on or after the Cross-Over Date, to the Class A-1
Certificates, Class A-SB Certificates, Class A-3 Upper-Tier Regular Interest and Class A-4 Upper-Tier Regular Interest, pro rata
(based on their respective Certificate Balances) in an amount equal to the Principal Distribution Amount for such Distribution Date, until
the Certificate Balance of each of the Class A-1 Certificates, Class A-SB Certificates, Class A-3 Upper-Tier Regular Interest and
Class A-4 Upper-Tier Regular Interest is reduced to zero;

(iii)            
third, to the Holders of the Class A-1 Certificates and the Class A-SB Certificates, and to the Grantor Trust in respect
of the Class A-3 Upper-Tier Regular Interest and the Class A-4 Upper-Tier Regular Interest, up to an amount equal to, and pro rata
based upon, first, in an amount equal to the aggregate unreimbursed Realized Losses previously allocated to each such Class, and
then, in an amount equal to interest on that amount at the Pass-Through Rate for such Class compounded monthly from the date the
related Realized Loss was allocated to such Class;

(iv)             
fourth, to the Grantor Trust in respect of the Class A-S Upper-Tier Regular Interest, the Class A-S-X1 Upper-Tier Regular
Interest and the Class A-S-X2 Upper-Tier Regular Interest, in respect of interest, up to an amount equal to, and pro rata in accordance
with, the respective Interest Distribution Amounts in respect of such Upper-Tier REMIC Interests for such Distribution Date;

(v)               
fifth, to the Grantor Trust in respect of the Class A-S Upper-Tier Regular Interest, in reduction of the Certificate
Balance thereof, an amount equal to the Principal Distribution Amount (reduced by any prior distributions thereof hereunder), until the
outstanding Certificate Balance of the Class A-S Upper-Tier Regular Interest has been reduced to zero;

(vi)             
sixth, to the Grantor Trust in respect of the Class A-S Upper-Tier Regular Interest, first, up to an amount
equal to the unreimbursed Realized Losses previously allocated to such Upper-Tier Regular Interest, and then, up to an amount equal
to interest

    	 	-332-	 

     

    

on that amount at the Pass-Through Rate
for such Upper-Tier Regular Interest compounded monthly from the date the related Realized Loss was allocated to such Upper-Tier Regular
Interest;

(vii)           
seventh, to the Grantor Trust in respect of the Class B Upper-Tier Regular Interest, the Class B-X1 Upper-Tier Regular
Interest and the Class B-X2 Upper-Tier Regular Interest, in respect of interest, up to an amount equal to, and pro rata in accordance
with, the respective Interest Distribution Amounts in respect of such Upper-Tier REMIC Interests for such Distribution Date;

(viii)         
eighth, to the Grantor Trust in respect of the Class B Upper-Tier Regular Interest, in reduction of the Certificate
Balance thereof, an amount equal to the Principal Distribution Amount (reduced by any prior distributions thereof hereunder), until the
outstanding Certificate Balance of the Class B Upper-Tier Regular Interest has been reduced to zero;

(ix)             
ninth, to the Grantor Trust in respect of the Class B Upper-Tier Regular Interest, first, up to an amount
equal to the unreimbursed Realized Losses previously allocated to such Upper-Tier Regular Interest, and then, up to an amount
equal to interest on that amount at the Pass-Through Rate for such Upper-Tier Regular Interest compounded monthly from the date the related
Realized Loss was allocated to such Upper-Tier Regular Interest;

(x)                
tenth, to the Grantor Trust in respect of the Class C Upper-Tier Regular Interest, the Class C-X1 Upper-Tier Regular
Interest and the Class C-X2 Upper-Tier Regular Interest, in respect of interest, up to an amount equal to, and pro rata in accordance
with, the respective Interest Distribution Amounts in respect of such Upper-Tier REMIC Interests for such Distribution Date;

(xi)               
eleventh, to the Grantor Trust in respect of the Class C Upper-Tier Regular Interest, in reduction of the Certificate
Balance thereof, an amount equal to the Principal Distribution Amount (reduced by any prior distributions thereof hereunder), until the
outstanding Certificate Balance of the Class C Upper-Tier Regular Interest has been reduced to zero;

(xii)            
twelfth, to the Grantor Trust in respect of the Class C Upper-Tier Regular Interest, first, up to an amount
equal to the unreimbursed Realized Losses previously allocated to such Upper-Tier Regular Interest, and then, up to an amount
equal to interest on that amount at the Pass-Through Rate for such Upper-Tier Regular Interest compounded monthly from the date the related
Realized Loss was allocated to such Upper-Tier Regular Interest;

(xiii)           
thirteenth, to the Holders of the Class D Certificates, in respect of interest, up to an amount equal to the Interest
Distribution Amount in respect of such Class of Certificates for such Distribution Date;

(xiv)          
fourteenth, to the Holders of the Class D Certificates, in reduction of the Certificate Balance thereof, up to an
amount equal to the Principal Distribution Amount

    	 	-333-	 

     

    

(reduced by any prior distributions thereof
hereunder), until the outstanding Certificate Balance of the Class D Certificates has been reduced to zero;

(xv)                            fifteenth, to the Holders of the Class D Certificates, first, up to an amount equal to the unreimbursed Realized
Losses previously allocated to such Class, and then, up to an amount equal to interest on that amount at the Pass-Through Rate
for such Class compounded monthly from the date the related Realized Loss was allocated to such Class;

(xvi)          
sixteenth, to the Holders of the Class E Certificates, in respect of interest, up to an amount equal to the Interest
Distribution Amount in respect of such Class of Certificates for such Distribution Date;

(xvii)        
seventeenth, to the Holders of the Class E Certificates, in reduction of the Certificate Balance thereof, up to
an amount equal to the Principal Distribution Amount (reduced by any prior distributions thereof hereunder), until the outstanding Certificate
Balance of the Class E Certificates has been reduced to zero;

(xviii)     
eighteenth, to the Holders of the Class E Certificates, first, up to an amount equal to the unreimbursed
Realized Losses previously allocated to such Class, and then, up to an amount equal to interest on that amount at the Pass-Through
Rate for such Class compounded monthly from the date the related Realized Loss was allocated to such Class;

(xix)           
nineteenth, to the Holders of the Class F Certificates, in respect of interest, up to an amount equal to the Interest
Distribution Amount in respect of such Class of Certificates for such Distribution Date;

(xx)             
twentieth, to the Holders of the Class F Certificates, in reduction of the Certificate Balance thereof, up to an
amount equal to the Principal Distribution Amount (reduced by any prior distributions thereof hereunder), until the outstanding Certificate
Balance of the Class F Certificates has been reduced to zero;

(xxi)          
twenty-first, to the Holders of the Class F Certificates, first, up to an amount equal to the unreimbursed Realized
Losses previously allocated to such Class, and then, up to an amount equal to interest on that amount at the Pass-Through Rate
for such Class compounded monthly from the date the related Realized Loss was allocated to such Class;

(xxii)           
twenty-second, to the Holders of the Class G Certificates, in respect of interest, up to an amount equal to the
Interest Distribution Amount in respect of such Class of Certificates for such Distribution Date;

(xxiii)       
twenty-third, to the Holders of the Class G Certificates, in reduction of the Certificate Balance thereof, up to
an amount equal to the Principal Distribution Amount (reduced by any prior distributions thereof hereunder), until the outstanding Certificate
Balance of the Class G Certificates has been reduced to zero;

(xxiv)      
twenty-fourth, to the Holders of the Class G Certificates, first, up to an amount equal to the unreimbursed
Realized Losses previously allocated to such Class, and then, up to an amount equal to interest on that amount at the Pass-Through
Rate for such

    	 	-334-	 

     

    

Class compounded monthly from the date
the related Realized Loss was allocated to such Class;

(xxv)         
twenty-fifth, to the Holders of the Class H Certificates, in respect of interest, up to an amount equal to the Interest
Distribution Amount in respect of such Class of Certificates for such Distribution Date;

(xxvi)       
twenty-sixth, to the Holders of the Class H Certificates, in reduction of the Certificate Balance thereof, up to
an amount equal to the Principal Distribution Amount (reduced by any prior distributions thereof hereunder), until the outstanding Certificate
Balance of the Class H Certificates has been reduced to zero;

(xxvii)     
twenty-seventh, to the Holders of the Class H Certificates, first, up to an amount equal to the unreimbursed
Realized Losses previously allocated to such Class, and then, up to an amount equal to interest on that amount at the Pass-Through
Rate for such Class compounded monthly from the date the related Realized Loss was allocated to such Class; and

(xxviii)    
twenty-eighth, to the Holders of the Class R Certificates in respect of the Class UR Interest, the amount, if any,
of the Available Funds remaining in the Upper-Tier REMIC Distribution Account with respect to such Distribution Date.

If, in connection with any
Distribution Date, the Certificate Administrator has reported the amount of an anticipated distribution to DTC based on the receipt of
payments as of the Determination Date and additional Periodic Payments, balloon payments or unscheduled principal payments are subsequently
received by the applicable Master Servicer and required to be part of the Aggregate Available Funds for such Distribution Date, such Master
Servicer shall promptly notify the Certificate Administrator and the Certificate Administrator will use commercially reasonable efforts
to cause DTC to make the revised distribution on a timely basis on such Distribution Date. Each applicable Master Servicer, each applicable
Special Servicer and the Certificate Administrator shall not be liable or held responsible for any resulting delay in the making of such
distribution to Certificateholders solely on the basis of the actions described in the preceding sentence.

Amounts distributable or
otherwise allocable to any Exchangeable Upper-Tier Regular Interest set forth above will be distributed to the corresponding Classes of
Exchangeable Certificates in accordance with their Class Percentage Interests therein pursuant to Section 5.11.

(b)              
Distributions of Retained Certificate Available Funds. On each Distribution Date, to the extent of the Retained Certificate
Available Funds for such Distribution Date, the Certificate Administrator shall be deemed to transfer the Lower-Tier Distribution
Amount from the Lower-Tier REMIC Distribution Account to the Upper-Tier REMIC Distribution Account in the amounts and priorities
set forth in Section 4.01(c) with respect to the LRR Uncertificated Interest, and immediately thereafter, shall make distributions
thereof from the Upper-Tier REMIC Distribution Account in the following order of priority, satisfying in full, to the extent required
and possible, each priority before making any distribution with respect to any succeeding priority:

    	 	-335-	 

     

    

(i)                
 first, to the Holders of the RR Interest, in respect of interest, up to an amount equal to the Retained Certificate Interest
Distribution Amount for such Distribution Date;

(ii)                
second, to the Holders of the RR Interest, in reduction of the Certificate Balance thereof, an amount equal to the Retained
Certificate Principal Distribution Amount for such Distribution Date, until the outstanding Certificate Balance of the RR Interest has
been reduced to zero; and

(iii)             
third, to the Holders of the RR Interest, up to an amount equal to the Retained Certificate Realized Loss Distribution Amount
for such Distribution Date;

provided, however,
that to the extent any Retained Certificate Available Funds remain in the Upper-Tier REMIC Distribution Account after applying amounts
as set forth in clauses (i) – (iii) above, any such amounts so remaining shall be disbursed to the Holders of the Class R
Certificates in respect of the Class UR Interest.

(c)             
On each Distribution Date, each Lower-Tier Regular Interest shall be deemed to receive distributions in respect of principal or
reimbursement of Realized Losses or Retained Certificate Realized Losses, as applicable, in an amount equal to the amount of principal
or reimbursement of Realized Losses or Retained Certificate Realized Losses, as applicable, actually distributable to the Holders of the
respective Related Certificates or Related Exchangeable Upper-Tier Regular Interests as provided in Sections 4.01(a), 4.01(b),
4.01(d), 4.01(f) and 4.01(i) such that at all times the Lower-Tier Principal Amount of each Class of Lower-Tier
Regular Interests is equal to the Certificate Balance of the Class of Related Certificates or Related Exchangeable Upper-Tier Regular
Interest. On each Distribution Date, each Lower-Tier Regular Interest shall be deemed to receive distributions in respect of interest
in an amount equal to the Interest Distribution Amount or Retained Certificate Interest Distribution Amount, as applicable, in respect
of each Class of Related Certificates or Related Exchangeable Upper-Tier Regular Interest plus a pro rata portion of the Interest
Distribution Amount in respect of (i) in the case of the Class LD and Class LE Uncertificated Interests, the Class X-D Certificates,
(ii) in the case of the Class LF Uncertificated Interest, the Class X-F Certificates, (iii) in the case of the Class LG Uncertificated
Interest, the Class X-G Certificates or (iv) in the case of the Class LH Uncertificated Interest, the Class X-H Certificates, in each
case, computed based on an interest rate equal to the excess of the Weighted Average Net Mortgage Rate over the Pass-Through Rate
of the Class of Related Certificates or Related Exchangeable Upper-Tier Regular Interest and a notional amount equal to its related Lower-Tier
Principal Amount, in each case to the extent actually distributable thereon as provided in Section 4.01(a) or 4.01(b), as
applicable. Amounts distributable pursuant to this paragraph are referred to herein collectively as the “Lower-Tier Distribution
Amount”, and shall be made by the Certificate Administrator by deeming such Lower-Tier Distribution Amount to be withdrawn
from the Lower-Tier REMIC Distribution Account to be deposited in the Upper-Tier REMIC Distribution Account.

As of any date, the principal
balance of each Lower-Tier Regular Interest shall equal the Certificate Balance of the Class of Related Certificates or Related Exchangeable
Upper-Tier Regular Interest with respect thereto, as adjusted for the allocation of Realized Losses and Retained Certificate Realized
Losses, as provided in Sections 4.04(b) and 4.04(c). The initial principal balance of each Lower-Tier Regular Interest
shall equal the respective Original

    	 	-336-	 

     

    

Lower-Tier Principal Amount. The Pass-Through
Rate with respect to each Lower-Tier Regular Interest for any Distribution Date shall be the Weighted Average Net Mortgage Rate for such
Distribution Date.

Any amount that remains in
the Lower-Tier REMIC Distribution Account on each Distribution Date after distribution of the Lower-Tier Distribution Amount and
distribution of Prepayment Premiums and Yield Maintenance Charges pursuant to Section 4.01(e) shall be distributed to the
Holders of the Class R Certificates in respect of the Class LR Interest (but only to the extent of the Aggregate Available Funds
for such Distribution Date remaining in the Lower-Tier REMIC Distribution Account, if any).

(d)              
After the Certificate Balance of any Class of Certificates has been reduced to zero, such Class shall not be entitled to any further
distributions in respect of interest or principal other than reimbursement of Realized Losses or Retained Certificate Realized Losses,
as applicable, and other amounts provided for in this Section 4.01.

(e)              
Funds on deposit in the Distribution Account on each Distribution Date that represent Prepayment Premiums or Yield Maintenance
Charges received by the Trust with respect to any Mortgage Loan or REO Loan (but excluding any related Companion Loan) during the related
Collection Period, in each case net of any Liquidation Fees or Workout Fees payable therefrom, shall be distributable as follows: if any
Yield Maintenance Charge or Prepayment Premium is collected during any particular Collection Period with respect to any Mortgage Loan,
then on the Distribution Date corresponding to that Collection Period, the Certificate Administrator shall pay that Yield Maintenance
Charge or Prepayment Premium (net of Liquidation Fees or Workout Fees payable therefrom) in the following manner:

(i)                  
to the Non-Retained Certificates, in the following amounts:

(A)            
to each Class of the Class A-1, Class A-SB, Class A-3, Class A-3-1, Class A-3-2, Class A-4, Class A-4-1, Class A-4-2, Class A-S,
Class A-S-1, Class A-S-2, Class B, Class B-1, Class B-2, Class C, Class C-1, Class C-2, Class D and Class E Certificates,
the product of (1) the Non-Retained Percentage of such Yield Maintenance Charge or Prepayment Premium, (2) the related Base
Interest Fraction for such Class of Certificates and the applicable principal prepayment, and (3) a fraction, the numerator of which
is equal to the amount of principal distributed to such Class of Certificates for that Distribution Date, and the denominator of which
is the total amount of principal distributed to the Class A-1, Class A-SB, Class D and Class E Certificates and the Class A-3 Exchangeable
Certificates, the Class A-4 Exchangeable Certificates, the Class A-S Exchangeable Certificates, the Class B Exchangeable Certificates
and the Class C Exchangeable Certificates for that Distribution Date;

(B)             
to the Class A-3-X1 Certificates, the product of (1) the Non-Retained Percentage of such Yield Maintenance Charge or Prepayment
Premium, (2) a fraction, the numerator of which is equal to the amount of principal distributed to the Class A-3-1 Certificates for that
Distribution Date, and the denominator of which is the total amount of principal distributed to the Class A-1, Class A-SB,

    	 	-337-	 

     

    

Class D and Class E certificates and the
Class A-3 Exchangeable Certificates, the Class A-4 Exchangeable Certificates, the Class A-S Exchangeable Certificates, the Class B Exchangeable
Certificates and the Class C Exchangeable Certificates for that Distribution Date and (3) the difference between (i) the Base Interest
Fraction for the Class A-3 Certificates and the applicable principal prepayment and (ii) the Base Interest Fraction for the Class A-3-1
Certificates and the applicable principal prepayment;

(C)             
to the Class A-3-X2 Certificates, the product of (1) the Non-Retained Percentage of such Yield Maintenance Charge or Prepayment
Premium, (2) a fraction, the numerator of which is equal to the amount of principal distributed to the Class A-3-2 Certificates for that
Distribution Date, and the denominator of which is the total amount of principal distributed to the Class A-1, Class A-SB, Class D and
Class E Certificates and the Class A-3 Exchangeable Certificates, the Class A-4 Exchangeable Certificates, the Class A-S Exchangeable
Certificates, the Class B Exchangeable Certificates and the Class C Exchangeable Certificates for that Distribution Date and (3) the difference
between (i) the Base Interest Fraction for the Class A-3 Certificates and the applicable principal prepayment and (ii) the Base Interest
Fraction for the Class A-3-2 Certificates and the applicable principal prepayment;

(D)            
to the Class A-4-X1 Certificates, the product of (1) the Non-Retained Percentage of such Yield Maintenance Charge or Prepayment
Premium, (2) a fraction, the numerator of which is equal to the amount of principal distributed to the Class A-4-1 Certificates for that
Distribution Date, and the denominator of which is the total amount of principal distributed to the Class A-1, Class A-SB, Class D and
Class E Certificates and the Class A-3 Exchangeable Certificates, the Class A-4 Exchangeable Certificates, the Class A-S Exchangeable
Certificates, the Class B Exchangeable Certificates and the Class C Exchangeable Certificates for that Distribution Date and (3) the difference
between (i) the Base Interest Fraction for the Class A-4 Certificates and the applicable principal prepayment and (ii) the Base Interest
Fraction for the Class A-4-1 Certificates and the applicable principal prepayment;

(E)             
to the Class A-4-X2 Certificates, the product of (1) the Non-Retained Percentage of such Yield Maintenance Charge or Prepayment
Premium, (2) a fraction, the numerator of which is equal to the amount of principal distributed to the Class A-4-2 Certificates for that
Distribution Date, and the denominator of which is the total amount of principal distributed to the Class A-1, Class A-SB, Class D and
Class E Certificates and the Class A-3 Exchangeable Certificates, the Class A-4 Exchangeable Certificates, the Class A-S Exchangeable
Certificates, the Class B Exchangeable Certificates and the Class C Exchangeable Certificates for that Distribution Date and (3) the difference
between (i) the Base Interest Fraction for the Class A-4 Certificates and the applicable principal prepayment and (ii) the Base Interest
Fraction for the Class A-4-2 Certificates and the applicable principal prepayment;

    	 	-338-	 

     

    

(F)             
 to the Class A-S-X1 Certificates, the product of (1) the Non-Retained Percentage of such Yield Maintenance Charge or Prepayment
Premium, (2) a fraction, the numerator of which is equal to the amount of principal distributed to the Class A-S-1 Certificates for that
Distribution Date, and the denominator of which is the total amount of principal distributed to the Class A-1, Class A-SB, Class D and
Class E Certificates and the Class A-3 Exchangeable Certificates, the Class A-4 Exchangeable Certificates, the Class A-S Exchangeable
Certificates, the Class B Exchangeable Certificates and the Class C Exchangeable Certificates for that Distribution Date and (3) the difference
between (i) the Base Interest Fraction for the Class A-S Certificates and the applicable principal prepayment and (ii) the Base Interest
Fraction for the Class A-S-1 Certificates and the applicable principal prepayment;

(G)            
to the Class A-S-X2 Certificates, the product of (1) the Non-Retained Percentage of such Yield Maintenance Charge or Prepayment
Premium, (2) a fraction, the numerator of which is equal to the amount of principal distributed to the Class A-S-2 Certificates for that
Distribution Date, and the denominator of which is the total amount of principal distributed to the Class A-1, Class A-SB, Class D and
Class E Certificates and the Class A-3 Exchangeable Certificates, the Class A-4 Exchangeable Certificates, the Class A-S Exchangeable
Certificates, the Class B Exchangeable Certificates and the Class C Exchangeable Certificates for that Distribution Date and (3) the difference
between (i) the Base Interest Fraction for the Class A-S Certificates and the applicable principal prepayment and (ii) the Base Interest
Fraction for the Class A-S-2 Certificates and the applicable principal prepayment;

(H)            
to the Class B-X1 Certificates, the product of (1) the Non-Retained Percentage of such Yield Maintenance Charge or Prepayment Premium,
(2) a fraction, the numerator of which is equal to the amount of principal distributed to the Class B-1 Certificates for that Distribution
Date, and the denominator of which is the total amount of principal distributed to the Class A-1, Class A-SB, Class D and Class E Certificates
and the Class A-3 Exchangeable Certificates, the Class A-4 Exchangeable Certificates, the Class A-S Exchangeable Certificates, the Class
B Exchangeable Certificates and the Class C Exchangeable Certificates for that Distribution Date and (3) the difference between (i) the
Base Interest Fraction for the Class B Certificates and the applicable principal prepayment and (ii) the Base Interest Fraction for the
Class B-1 Certificates and the applicable principal prepayment;

(I)               
to the Class B-X2 Certificates, the product of (1) the Non-Retained Percentage of such Yield Maintenance Charge or Prepayment Premium,
(2) a fraction, the numerator of which is equal to the amount of principal distributed to the Class B-2 Certificates for that Distribution
Date, and the denominator of which is the total amount of principal distributed to the Class A-1, Class A-SB, Class D and Class E Certificates
and the Class A-3 Exchangeable Certificates, the Class A-4 Exchangeable Certificates, the Class A-S Exchangeable Certificates, the Class
B Exchangeable Certificates and the Class C Exchangeable Certificates for that

    	 	-339-	 

     

    

Distribution Date and (3) the difference
between (i) the Base Interest Fraction for the Class B Certificates and the applicable principal prepayment and (ii) the Base Interest
Fraction for the Class B-2 Certificates and the applicable principal prepayment;

(J)               
to the Class C-X1 Certificates, the product of (1) the Non-Retained Percentage of such Yield Maintenance Charge or Prepayment Premium,
(2) a fraction, the numerator of which is equal to the amount of principal distributed to the Class C-1 Certificates for that Distribution
Date, and the denominator of which is the total amount of principal distributed to the Class A-1, Class A-SB, Class D and Class E Certificates
and the Class A-3 Exchangeable Certificates, the Class A-4 Exchangeable Certificates, the Class A-S Exchangeable Certificates, the Class
B Exchangeable Certificates and the Class C Exchangeable Certificates for that Distribution Date and (3) the difference between (i) the
Base Interest Fraction for the Class C Certificates and the applicable principal prepayment and (ii) the Base Interest Fraction for the
Class C-1 Certificates and the applicable principal prepayment;

(K)            
to the Class C-X2 Certificates, the product of (1) the Non-Retained Percentage of such Yield Maintenance Charge or Prepayment Premium,
(2) a fraction, the numerator of which is equal to the amount of principal distributed to the Class C-2 Certificates for that Distribution
Date, and the denominator of which is the total amount of principal distributed to the Class A-1, Class A-SB, Class D and Class E Certificates
and the Class A-3 Exchangeable Certificates, the Class A-4 Exchangeable Certificates, the Class A-S Exchangeable Certificates, the Class
B Exchangeable Certificates and the Class C Exchangeable Certificates for that Distribution Date and (3) the difference between (i) the
Base Interest Fraction for the Class C Certificates and the applicable principal prepayment and (ii) the Base Interest Fraction for the
Class C-2 Certificates and the applicable principal prepayment; and

(L)             
to the Class X-D Certificates, any remaining portion of the Non-Retained Percentage of such Yield Maintenance Charge or Prepayment
Premium not distributed as described above in this clause (i); and

(ii)              
to the RR Interest, the Required Credit Risk Retention Percentage of such Yield Maintenance Charge or Prepayment Premium.

For purposes of the first
paragraph of this Section 4.01(e), the relevant “Base Interest Fraction” in connection with any Principal
Prepayment of any Mortgage Loan that provides for the payment of a Yield Maintenance Charge or Prepayment Premium, and with respect to
any Class of Principal Balance Certificates (other than the RR Interest), shall be a fraction (A) the numerator of which is the greater
of (x) zero and (y) the difference between (i) the Pass-Through Rate on such Class for the related Distribution Date,
and (ii) the applicable Discount Rate and (B) the denominator of which is the difference between (i) the Mortgage Rate
on such Mortgage Loan and (ii) the applicable Discount Rate; provided that: (a) under no circumstances will the Base
Interest Fraction be greater than 1.0; (b) if the applicable Discount Rate is greater

    	 	-340-	 

     

    

than or equal to the Mortgage Rate on such
Mortgage Loan and is greater than or equal to the Pass-Through Rate on such Class for the related Distribution Date, then the Base
Interest Fraction will equal zero; and (c) if the applicable Discount Rate is greater than or equal to the Mortgage Rate on such
Mortgage Loan and is less than the Pass-Through Rate on such Class for the related Distribution Date, then the Base Interest Fraction
shall be equal to 1.0. If a Mortgage Loan provides for a step-up in the Mortgage Rate, then the Mortgage Rate used in the determination
of the Base Interest Fraction will be the Mortgage Rate in effect at the time of the prepayment.

For purposes of the preceding
paragraph, the relevant “Discount Rate” in connection with any Prepayment Premium or Yield Maintenance Charge collected
on any prepaid Mortgage Loan or REO Loan and distributable on any Distribution Date shall be a rate per annum equal to (i) if
a discount rate was used in the calculation of the applicable Prepayment Premium or Yield Maintenance Charge pursuant to the terms of
the relevant Mortgage Loan or REO Loan, as the case may be, such discount rate (as reported by the applicable Master Servicer), converted
(if necessary) to a monthly equivalent yield, or (ii) if a discount rate was not used in the calculation of the applicable Prepayment
Premium or Yield Maintenance Charge pursuant to the terms of the relevant Mortgage Loan or REO Loan, as the case may be, the yield calculated
by the linear interpolation of the yields (as reported under the heading “U.S. Government Securities/Treasury Constant Maturities”
in Federal Reserve Statistical Release H.15 (519) published by the Federal Reserve Board for the week most recently ended before the date
of the relevant prepayment (or deemed prepayment) of U.S. Treasury constant maturities with a maturity date, one longer and one shorter,
most nearly approximating the related Stated Maturity Date (in the case of a Mortgage Loan or REO Loan that is not related to an ARD Loan)
or the related Anticipated Repayment Date (in the case of a Mortgage Loan or REO Loan that is related to an ARD Loan)), such interpolated
yield converted to a monthly equivalent yield. If Federal Reserve Statistical Release H.15 (519) is no longer published, the Certificate
Administrator shall select a comparable publication as the source of the applicable yields of U.S. Treasury constant maturities.

No Yield Maintenance Charge
or Prepayment Premium shall be distributed to the Class X-F, Class X-G, Class X-H, Class F, Class G, Class H, Class R
or Class V Certificates.

All distributions of Yield
Maintenance Charges and Prepayment Premiums made in respect of the respective Classes of Regular Certificates and Exchangeable Certificates
on each Distribution Date pursuant to Section 4.01(e) shall first be deemed to be distributed from the Lower-Tier
REMIC to the Upper-Tier REMIC in respect of the Lower-Tier Regular Interests, pro rata based upon the amount of principal distributed
in respect of each such Class of Lower-Tier Regular Interests for such Distribution Date pursuant to Section 4.01(c) above.

(f)               
On each Distribution Date, the Certificate Administrator shall withdraw amounts from the Gain-on-Sale Reserve Account (other than
amounts with respect to a Non-Serviced Mortgage Loan) equal to the Gain-on-Sale Remittance Amount for such Distribution Date. The Certificate
Administrator shall deposit such amounts in the Distribution Account for distribution pursuant to Section 4.01(a) to the Holders
of the Regular Certificates (other than the RR Interest) and the Exchangeable Upper-Tier Regular Interests (and correspondingly, the Exchangeable
Certificates) in order of distribution priority (first deeming such amounts to be distributed with respect to the Related Lower-Tier Regular
Interests). Amounts paid in reimbursement of Realized Losses shall not reduce the Certificate Balances of the Classes of

    	 	-341-	 

     

    

Certificates receiving such distributions.
Any amounts remaining in the Gain-on-Sale Reserve Account after such distributions shall be applied to offset future Realized Losses with
respect to the Principal Balance Certificates and related Realized Losses in each case allocable to the Regular Certificates (other than
the RR Interest) and the Exchangeable Certificates. Upon termination of the Trust, any amounts remaining in the Gain-on-Sale Reserve Account
shall be distributed to the Holders of the Class R Certificates from the Lower-Tier REMIC in respect of the Class LR Interest.

In addition, on each Distribution
Date, the Certificate Administrator shall withdraw amounts from the Retained Certificate Gain-on-Sale Reserve Account (other than amounts
with respect to a Non-Serviced Mortgage Loan) equal to the Retained Certificate Gain-on-Sale Remittance Amount for such Distribution Date.
The Certificate Administrator shall deposit such amounts in the Distribution Account for distribution pursuant to Section 4.01(b)
to the Holders of the RR Interest (first deeming such amounts to be distributed with respect to the Related Lower-Tier Regular Interest).
Amounts paid in reimbursement of Retained Certificate Realized Losses shall not reduce the Certificate Balance of the RR Interest if it
receives such distributions. Any amounts remaining in the Retained Certificate Gain-on-Sale Reserve Account after such distributions shall
be applied to offset future Retained Certificate Realized Losses with respect to the RR Interest. Upon termination of the Trust, any amounts
remaining in the Retained Certificate Gain-on-Sale Reserve Account shall be distributed to the Holders of the Class R Certificates from
the Lower-Tier REMIC in respect of the Class LR Interest.

(g)              
All distributions made with respect to each Class of Certificates on each Distribution Date shall be allocated pro rata
among the outstanding Certificates in such Class based on their respective Percentage Interests. Except as otherwise specifically provided
in Sections 4.01(h), 4.01(i) and 9.01, all such distributions with respect to each Class on each Distribution
Date shall be made to the Certificateholders of the respective Class of record at the close of business on the related Record Date and
shall be made by wire transfer of immediately available funds to the account of any such Certificateholder at a bank or other entity having
appropriate facilities therefor, if such Certificateholder shall have provided the Certificate Administrator with wiring instructions
no less than five (5) Business Days prior to the related Record Date (which wiring instructions may be in the form of a standing order
applicable to all subsequent Distribution Dates), or otherwise by check mailed to such Certificateholder at its address in the Certificate
Register. The final distribution on each Certificate (determined without regard to any possible future reimbursement of Realized Losses
or Retained Certificate Realized Losses, as applicable, previously allocated to such Certificate) will be made in like manner, but only
upon presentation and surrender of such Certificate at the offices of the Certificate Registrar or such other location specified in the
notice to Certificateholders of such final distribution.

Each distribution with respect
to a Book-Entry Certificate shall be paid to the Depository, as Holder thereof, and the Depository shall be responsible for crediting
the amount of such distribution to the accounts of its Depository Participants in accordance with its normal procedures. Each Depository
Participant shall be responsible for disbursing such distribution to the Certificate Owners that it represents and to each indirect participating
brokerage firm (a “brokerage firm” or “indirect participating firm”) for which it acts as agent. Each brokerage
firm shall be responsible for disbursing funds to the Certificate Owners that it represents. None of the Trustee, the Certificate Administrator,
the Certificate Registrar, the Depositor, any Master

    	 	-342-	 

     

    

Servicer, any Special Servicer or the Underwriters
shall have any responsibility therefor except as otherwise provided by this Agreement or applicable law.

(h)              
Except as otherwise provided in Section 9.01, whenever the Certificate Administrator expects that the final distribution
with respect to any Class of Certificates (determined without regard to any possible future reimbursement of any amount of Realized Losses
or Retained Certificate Realized Losses, as applicable, previously allocated to such Class of Certificates) will be made on the next Distribution
Date, the Certificate Administrator shall, no later than the related P&I Advance Determination Date, post on the Certificate Administrator’s
Website pursuant to Section 3.13(b) a notice in electronic format to the effect that:

(i)               
the Certificate Administrator expects that the final distribution with respect to such Class of Certificates will be made on such
Distribution Date but only upon presentation and surrender of such Certificates at the offices of the Certificate Registrar or such other
location therein specified; and

(ii)                
no interest shall accrue on such Certificates from and after such Distribution Date.

Any funds not distributed
to any Holder or Holders of Certificates of such Class on such Distribution Date because of the failure of such Holder or Holders to tender
their Certificates shall, on such date, be set aside and held uninvested in trust and credited to the account or accounts of the appropriate
non-tendering Holder or Holders. If any Certificates as to which notice has been given pursuant to this Section 4.01(h)
shall not have been surrendered for cancellation within six (6) months after the time specified in such notice, the Certificate Administrator
shall mail a second notice to the remaining non-tendering Certificateholders to surrender their Certificates for cancellation in order
to receive the final distribution with respect thereto. If within one (1) year after the second notice all such Certificates shall
not have been surrendered for cancellation, the Certificate Administrator, directly or through an agent, shall take such steps to contact
the remaining non-tendering Certificateholders concerning the surrender of their Certificates as it shall deem appropriate, subject
to applicable law with respect to escheatment of funds. The costs and expenses of holding such funds in trust and of contacting such Certificateholders
following the first anniversary of the delivery of such second notice to the non-tendering Certificateholders shall be paid out of
such funds. No interest shall accrue or be payable to any Certificateholder on any amount held in trust hereunder by the Certificate Administrator
as a result of such Certificateholder’s failure to surrender its Certificate(s) for final payment thereof in accordance with this
Section 4.01(h).

(i)               
Distributions in reimbursement of Realized Losses or Retained Certificate Realized Losses, as applicable, previously allocated
to the Regular Certificates and Exchangeable Certificates shall be made in the amounts and manner specified in Section 4.01(a),
Section 4.01(b) or Section 4.01(d), as applicable, to the Holders of the respective Class otherwise entitled to
distributions of interest and principal on such Class on the relevant Distribution Date; provided that all distributions in reimbursement
of Realized Losses or Retained Certificate Realized Losses, as applicable, previously allocated to a Class of Certificates which has since
been retired shall be to the prior Holders that surrendered the Certificates of such Class upon retirement thereof and shall be made by
check mailed to the address of each such prior Holder last shown in the Certificate

    	 	-343-	 

     

    

Register. Notice of any such distribution to
a prior Holder shall be made in accordance with Section 13.05 at such last address. The amount of the distribution to each
such prior Holder shall be based upon the aggregate Percentage Interest evidenced by the Certificates surrendered thereby. If the check
mailed to any such prior Holder is returned uncashed, then the amount thereof shall be set aside and held uninvested in trust for the
benefit of such prior Holder, and the Certificate Administrator shall attempt to contact such prior Holder in the manner contemplated
by Section 4.01(h) as if such Holder had failed to surrender its Certificates.

(j)                
On each Distribution Date, any Excess Interest received during the related Collection Period with respect to any ARD Loans shall
be distributed (i) to the Holders of the Excess Interest Certificates in an amount equal to the Non-Retained Percentage of such Excess
Interest and (ii) to the Holders of the RR Interest in an amount equal to the Required Credit Risk Retention Percentage of such Excess
Interest, in each case, from the Excess Interest Distribution Account. Excess Interest will not be available to pay any other amounts
except for distributions on Excess Interest Certificates and the RR Interest as set forth in the prior sentence.

(k)               
On each Serviced Whole Loan Remittance Date, with respect to any Serviced Companion Loan, the Companion Paying Agent shall make
withdrawals and payments from the Companion Distribution Account for each Companion Loan in the following order of priority:

(i)               
to pay to the applicable Master Servicer for deposit into the applicable Collection Account, as applicable, any amounts deposited
by such Master Servicer in the Companion Distribution Account not required to be deposited therein;

(ii)              
to the extent permitted under the related Intercreditor Agreement and not otherwise previously reimbursed, to pay the Trustee or
the Certificate Administrator or any of their directors, officers, employees and agents, as the case may be, any amounts payable or reimbursable
to any such Person pursuant to Section 8.05, to the extent any such amounts relate solely to a Serviced Whole Loan related
to such Companion Loan, and such amounts are to be paid by the related Companion Holder pursuant to the related Intercreditor Agreement;

(iii)            
to pay all amounts remaining in the Companion Distribution Account related to such Serviced Companion Loan to the related Companion
Holder, in accordance with the related Intercreditor Agreement; and

(iv)            
to clear and terminate the Companion Distribution Account at the termination of this Agreement pursuant to Section 9.01.

All distributions from the
Companion Distribution Account required hereunder shall be made by the Companion Paying Agent to the related Companion Holder by wire
transfer in immediately available funds on each Serviced Whole Loan Remittance Date (and on each additional date required by this Agreement
or the related Intercreditor Agreement) to the account of such Companion Holder or an agent therefor appearing on the Serviced Companion
Noteholder Register on the related Record Date (or, if no such account so appears or information relating thereto is not provided at least
five (5) Business Days prior to the related Record Date, by check

    	 	-344-	 

     

    

sent by first class mail to the address of
such Companion Holder or its agent appearing on the Serviced Companion Noteholder Register). Any such account shall be located at a commercial
bank in the United States.

On the final Remittance Date,
each Master Servicer shall withdraw from its Collection Account and deliver to the Certificate Administrator who shall distribute to the
Mortgage Loan Sellers, any Loss of Value Payments relating to the Mortgage Loans that it is servicing and that were transferred from the
Loss of Value Reserve Fund to its Collection Account on the immediately preceding Remittance Date.

Section 4.02       
Distribution Date Statements; CREFC® Investor Reporting Packages; Grant of Power of Attorney.(a) On
each Distribution Date, the Certificate Administrator shall make available pursuant to Section 3.13(b) on the Certificate
Administrator’s Website to any Privileged Person a statement (substantially in the form set forth as Exhibit G hereto
and based in part upon information supplied to the Certificate Administrator in the related CREFC® Investor Reporting Package
in accordance with CREFC® guidelines) as to the distributions made on such Distribution Date (each, a “Distribution
Date Statement”) which shall include:

(i)                            the amount of the distribution on such Distribution Date to the Holders of each Class of Certificates in reduction of the Certificate
Balance thereof;

(ii)              
the aggregate amount of Advances made, with respect to the pool of Mortgage Loans, during the period from but not including the
previous Distribution Date to and including such Distribution Date and details of P&I Advances as of the P&I Advance Date;

(iii)                   
the aggregate amount of compensation paid to the Trustee and the Certificate Administrator, servicing compensation paid to the
applicable Master Servicer and the applicable Special Servicer, compensation paid to the Operating Advisor, compensation paid to the Asset
Representations Reviewer and CREFC® Intellectual Property Royalty License Fees paid to CREFC®, in each case,
with respect to the Collection Period for such Determination Date together with detailed calculations of servicing compensation paid to
such Master Servicer and such Special Servicer;

(iv)             
the aggregate Stated Principal Balance of the Mortgage Loans and any REO Loans (but excluding any related Companion Loans), with
respect to the pool of Mortgage Loans, outstanding immediately before and immediately after such Distribution Date;

(v)              
the aggregate amount of unscheduled payments received;

(vi)              
the number of loans, their aggregate principal balance, weighted average remaining term to maturity and weighted average Mortgage
Rate of the Mortgage Loans, with respect to the pool of Mortgage Loans, as of the end of the related Collection Period for such Distribution
Date;

(vii)             the
number and aggregate principal balance of the Mortgage Loans (A) delinquent 30-59 days, (B) delinquent 60-89 days,
(C) delinquent 90 days to 120 days,

    	 	-345-	 

     

    

(D) current but specially serviced
or in foreclosure but not an REO Property and (E) for which the related Mortgagor is subject to oversight by a bankruptcy court;

(viii)          
the value of any REO Property (and, with respect to any Serviced Whole Loan, the trust’s interest therein) included in the
Trust Fund as of the end of the related Determination Date for such Distribution Date, on a loan-by-loan basis, based on the most
recent Appraisal or valuation;

(ix)              
the Available Funds and Retained Certificate Available Funds for such Distribution Date;

(x)              
the (A) Interest Distribution Amount, Interest Accrual Amount and Interest Shortfall or (B) Retained Certificate Interest Distribution
Amount, as applicable, in respect of such Class of Certificates for such Distribution Date, separately identifying any Interest Distribution
Amount, Interest Accrual Amount, Interest Shortfall or Retained Certificate Interest Distribution Amount, as applicable, for such Distribution
Date allocated to such Class of Certificates;

(xi)             
the amount of the distribution on such Distribution Date to the Holders of such Class of Certificates allocable to (A) Yield
Maintenance Charges, (B) in the case of the Class V Certificates and the RR Interest, Excess Interest and (C) Prepayment Premiums;

(xii)           
the Pass-Through Rate for such Class of Certificates for such Distribution Date and the next succeeding Distribution Date;

(xiii)           
the Scheduled Principal Distribution Amount and the Unscheduled Principal Distribution Amount for such Distribution Date, with
respect to the pool of Mortgage Loans;

(xiv)         
the Certificate Balance or Notional Amount, as the case may be, of each Class of Certificates immediately before and immediately
after such Distribution Date, separately identifying any reduction therein as a result of the allocation of any Realized Loss or Retained
Certificate Realized Loss, as applicable, on such Distribution Date and the aggregate amount of all reductions as a result of allocations
of Realized Losses or Retained Certificate Realized Losses, as applicable, in respect of the Principal Balance Certificates (other than
the RR Interest) and the RR Interest, respectively, to date;

(xv)             
the Certificate Factor for each Class of Certificates (other than the Class R and Class V Certificates) immediately following
such Distribution Date;

(xvi)          
the amount of any Cumulative Appraisal Reduction Amounts effected (including, with respect to any Serviced Whole Loan, the amount
allocable to the related Mortgage Loan and Serviced Companion Loan) in connection with such Distribution Date on a loan-by-loan
basis;

(xvii)         
the current Controlling Class;

    	 	-346-	 

     

    

(xviii)         
 the number and related Stated Principal Balance of any Mortgage Loans extended or modified since the previous Determination Date
(or in the case of the first Distribution Date, as of the Cut-off Date) on a loan-by-loan basis;

(xix)           
a loan-by-loan listing of each Mortgage Loan which was the subject of a Principal Prepayment since the previous Determination
Date (or in the case of the first Distribution Date, as of the Cut-off Date) and the amount and the type of Principal Prepayment
occurring;

(xx)                             a loan-by-loan listing of each Mortgage Loan which was defeased since the previous Determination Date (or in the case of the
first Distribution Date, as of the Cut-off Date);

(xxi)           
all deposits into, withdrawals from, and the balance of the Interest Reserve Account on the P&I Advance Date;

(xxii)         
in the case of the Class R Certificates, the amount of any distributions on such Certificates pursuant to Sections 4.01(a),
4.01(b), 4.01(c) and 4.01(f);

(xxiii)         
the amount of the distribution on such Distribution Date to the Holders of such Class of Certificates in reimbursement of previously
allocated Realized Losses or Retained Certificate Realized Losses, as applicable;

(xxiv)       
the aggregate unpaid principal balance of the Mortgage Loans outstanding as of the close of business on the related Determination
Date, with respect to the pool of Mortgage Loans;

(xxv)         
with respect to any Mortgage Loan as to which a Liquidation Event occurred since the previous Determination Date (or in the case
of the first Distribution Date, as of the Cut-off Date) or prior to the related Determination Date (other than a payment in full),
(A) the loan number thereof, (B) the aggregate of all Liquidation Proceeds and other amounts received in connection with
such Liquidation Event (separately identifying the portion thereof allocable to distributions on the Certificates), (C) the amount
of any Realized Loss allocated to the Principal Balance Certificates (other than the RR Interest) in connection with such Liquidation
Event, and (D) the amount of any Retained Certificate Realized Loss allocated to the RR Interest in connection with such Liquidation
Event;

(xxvi)       
with respect to any REO Property (including, with respect to any Non-Serviced Whole Loan, the Trust’s interest therein)
included in the Trust as to which the applicable Special Servicer determined, in accordance with the Servicing Standard, that all payments
or recoveries with respect to the Mortgaged Property have been ultimately recovered since the previous Determination Date, (A) the
loan number of the related Mortgage Loan, (B) the aggregate of all Liquidation Proceeds and other amounts received in connection
with that determination (separately identifying the portion thereof allocable to distributions on the Certificates), (C) the amount
of any Realized Loss allocated to the Principal Balance Certificates (other than the RR Interest) in respect of the related REO Loan
in connection with that determination, and (D) the amount of any Retained Certificate

    	 	-347-	 

     

    

Realized Loss allocated to the RR Interest
in respect of the related REO Loan in connection with that determination;

(xxvii)      
the aggregate amount of interest on P&I Advances paid to the applicable Master Servicer and the Trustee since the previous
Determination Date (or in the case of the first Distribution Date, as of the Cut-off Date), with respect to the pool of Mortgage
Loans;

(xxviii)    
exchanges of Exchangeable Certificates that took place since the last Distribution Date and the designations of the applicable
Classes that were exchanged or, if applicable, that no such exchanges have occurred;

(xxix)         
the then-current credit support levels for each Class of Certificates;

(xxx)          
the aggregate amount of Prepayment Premiums and Yield Maintenance Charges on the Mortgage Loans (each separately identified) collected
since the previous Determination Date (or in the case of the first Distribution Date, as of the Cut-off Date);

(xxxi)         
a loan-by-loan listing of any material modification, extension or waiver of a Mortgage Loan;

(xxxii)      
a loan-by-loan listing of any material breach of the representations and warranties given with respect to a Mortgage Loan
by the applicable Mortgage Loan Seller;

(xxxiii)     
an itemized listing of any Disclosable Special Servicer Fees received by the applicable Special Servicer or any of its Affiliates,
which information will be provided to the Certificate Administrator by the applicable Master Servicer; and

(xxxiv)     
the amount of any Excess Interest actually received.

In the case of information
furnished pursuant to clauses (i), (ix), (x), (xi), (xiv), (xxiii), (xxiv) and (xxxiv) above, the amounts shall be expressed
as a dollar amount in the aggregate for all Certificates of each applicable Class and per Definitive Certificate.

The Certificate Administrator
has not obtained and shall not be deemed to have obtained actual knowledge of any information only by virtue of its receipt and posting
of such information to the Certificate Administrator’s website.

Within a reasonable period
of time after the end of each calendar year, the Certificate Administrator shall furnish to each Person who at any time during the calendar
year was a Holder of a Certificate, a statement containing the information set forth in clauses (i) and (x) above as
to the applicable Class, aggregated for such calendar year or applicable portion thereof during which person was a Certificateholder,
together with such other information as the Certificate Administrator deems necessary or desirable, or that a Certificateholder or Certificate
Owner reasonably requests, to enable Certificateholders to prepare their tax returns for such calendar year. Such obligation of the Certificate
Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the
Certificate Administrator pursuant to any requirements of the Code as from time to time are in force.

    	 	-348-	 

     

    

Upon receipt of an Asset
Review Report Summary from the Asset Representations Reviewer required to be delivered pursuant to Section 12.01(b), the Certificate
Administrator shall (i) include such Asset Review Report Summary in Item 1B on the Form 10-D for such period in which such
Asset Review Report Summary was delivered, and (ii) post such Asset Review Report Summary to the Certificate Administrator’s
Website not later than two (2) Business Days after receipt of such Asset Review Report Summary from the Asset Representations Reviewer.

(b)              
[RESERVED].

(c)              
Each applicable Master Servicer and each applicable Special Servicer may, at its sole cost and expense, make available by electronic
media, bulletin board service or Internet website (in addition to making information available as provided herein) any reports or other
information such Master Servicer or such Special Servicer, as applicable, is required or permitted to provide to any party to this Agreement,
the Rating Agencies or any Certificateholder or any prospective Certificateholder that has provided such Master Servicer or such Special
Servicer, as applicable, with an Investor Certification or has executed a “click-through” confidentiality agreement in
accordance with Section 3.13 (which may be a licensed or registered investment advisor) to the extent such action does not
conflict with the terms of this Agreement (including without limitation, any requirements to keep Privileged Information confidential),
the terms of the Mortgage Loans or applicable law. Notwithstanding this paragraph, the availability of such information or reports on
the Internet or similar electronic media shall not be deemed to satisfy any specific delivery requirements in this Agreement except as
set forth herein. In connection with providing access to the applicable Master Servicer’s Internet website, such Master Servicer
shall take reasonable measures to ensure that only such parties listed above may access such information including, without limitation,
requiring registration, a confidentiality agreement and acceptance of a disclaimer. No Master Servicer or Special Servicer, as the case
may be, shall be liable for dissemination of this information in accordance with this Agreement, and no Master Servicer or Special Servicer
shall be responsible for any information delivered, produced, or made available pursuant to Section 3.13 and Section 4.02(a),
other than information produced by such Master Servicer or such Special Servicer, as applicable; provided that such information
otherwise meets the requirements set forth herein with respect to the form and substance of such information or reports. The applicable
Master Servicer shall be entitled to attach to any report provided pursuant to this Section 4.02(c), any reasonable disclaimer
with respect to information provided, or any assumptions required to be made by such report.

Each Special Servicer shall
from time to time (and, in any event, as may be reasonably required by the applicable Master Servicer) provide the applicable Master Servicer
with such information in its possession regarding the Specially Serviced Loans and REO Properties as may be necessary for the applicable
Master Servicer to prepare each report and any supplemental information to be provided by the applicable Master Servicer to the Certificate
Administrator. None of the Certificate Administrator, the Trustee or the Depositor shall have any obligation to recompute, verify or recalculate
the information provided thereto by the applicable Master Servicer. Unless the Certificate Administrator has actual knowledge that any
report or file received from such Master Servicer contains erroneous information, the Certificate Administrator is authorized to rely
thereon in calculating and making distributions to Certificateholders in accordance with Section 4.01, preparing the Distribution
Date Statement required by

    	 	-349-	 

     

    

Section 4.02(a) and allocating
Realized Losses and/or Retained Certificate Realized Losses, as applicable, to the Certificates in accordance with Section 4.04.

Notwithstanding the foregoing,
the failure of a Master Servicer or a Special Servicer to disclose any information otherwise required to be disclosed pursuant to this
Section 4.02(c) or Section 4.02(d) shall not constitute a breach of this Section 4.02(c) or of Section 4.02(d)
to the extent such Master Servicer or such Special Servicer so fails because such disclosure, in the reasonable belief of such Master
Servicer or such Special Servicer, as the case may be, would violate any applicable law or any provision of a Mortgage Loan document prohibiting
disclosure of information with respect to the Mortgage Loans or the Mortgaged Properties. The applicable Master Servicer or the applicable
Special Servicer may affix to any information provided by it any disclaimer it deems appropriate in its reasonable discretion (without
suggesting liability on the part of any other party hereto).

(d)             
Upon the written request of a Certificateholder, any beneficial owner of a Certificate, or any prospective purchaser of a Certificate
that is a Qualified Institutional Buyer and is designated by a Certificateholder or a beneficial owner of a Certificate as such and, in
any case, has delivered an Investor Certification to the Depositor and the Certificate Administrator, as soon as reasonably practicable,
at the expense of the requesting party, the Certificate Administrator shall make available to the requesting party such information that
is in the Certificate Administrator’s possession or can reasonably be obtained by the Certificate Administrator as is requested
by such person, for purposes of satisfying applicable reporting requirements under Rule 144A under the Securities Act. Neither the
Certificate Registrar, nor the Certificate Administrator shall have any responsibility for the sufficiency under Rule 144A or any
other securities laws of any available information so furnished to any person including any prospective purchaser of a Certificate or
any interest therein, nor for the content or accuracy of any information so furnished which was prepared or delivered to them by another.

(e)              
The information to which any Certificateholder is entitled is limited to the information gathered and provided to the Certificateholder
by the parties hereto pursuant to this Agreement and by acceptance of any Certificate, each Certificateholder agrees that except as specifically
provided herein, no Certificateholder shall contact any Mortgagor directly with respect to any Mortgage Loan.

(f)             
Upon the reasonable request of the Directing Certificateholder or any Controlling Class Certificateholder that, in either case,
is an Excluded Controlling Class Holder with respect to any Excluded Controlling Class Loan identified to the applicable Master Servicer’s
(in the case of a Non-Specially Serviced Loan) or the applicable Special Servicer’s (in the case of a Specially Serviced Loan)
reasonable satisfaction (at the expense of the Directing Certificateholder or such Controlling Class Certificateholder) and if such information
is in such Master Servicer’s or such Special Servicer’s possession, as applicable, such Master Servicer or such Special Servicer
shall provide or make available (or forward electronically) to the Directing Certificateholder or such Controlling Class Certificateholder,
as applicable, (at the expense of the Directing Certificateholder or such Controlling Class Certificateholder, as applicable) any Excluded
Information (available to Privileged Persons through the Certificate Administrator’s Website but not accessible to the Directing
Certificateholder or such Controlling Class Certificateholder, as applicable, through the Certificate Administrator’s Website because
the

    	 	-350-	 

     

    

Directing Certificateholder or such Controlling
Class Certificateholder, as applicable, is an Excluded Controlling Class Holder with respect to another Excluded Controlling Class Loan)
relating to any Excluded Controlling Class Loan with respect to which the Directing Certificateholder or such Controlling Class Certificateholder,
as applicable, is not a Borrower Party; provided that, in connection therewith, the applicable Master Servicer or the applicable
Special Servicer may require a written confirmation executed by the requesting Person substantially in such form as may be reasonably
acceptable to such Master Servicer or such Special Servicer, generally to the effect that such Person is the Directing Certificateholder
or a Controlling Class Certificateholder, will keep such Excluded Information confidential and is not a Borrower Party, upon which such
Master Servicer or such Special Servicer may conclusively rely. In addition, the applicable Master Servicer and the applicable Special
Servicer shall be entitled to conclusively rely on delivery from the Directing Certificateholder or a Controlling Class Certificateholder,
as applicable, of an Investor Certification substantially in the form of Exhibit P-1B that the Directing Certificateholder
or Controlling Class Certificateholder is not an Excluded Controlling Class Holder with respect to a particular Mortgage Loan. For the
avoidance of doubt, the applicable Special Servicer referenced in this Section 4.02(f) shall include any applicable Excluded
Special Servicer with respect to the related Excluded Special Servicer Loan(s).

Section 4.03       
P&I Advances. (a) On or before 4:00 p.m., New York
City time, on each P&I Advance Date, the applicable Master Servicer shall (i) remit to the Certificate Administrator for deposit
from its own funds into the Lower-Tier REMIC Distribution Account, an amount equal to the aggregate amount of P&I Advances, if any,
with respect to the Mortgage Loans serviced by such Master Servicer to be made in respect of the related Distribution Date, (ii) apply
amounts held in the applicable Collection Account, for future distribution to Certificateholders in subsequent months in discharge of
any such obligation to make such P&I Advances or (iii) make such P&I Advances in the form of any combination of (i) and
(ii) aggregating the total amount of P&I Advances to be made. Any amounts held in the applicable Collection Account for future
distribution and so used to make P&I Advances shall be appropriately reflected in the applicable Master Servicer’s records
and replaced by such Master Servicer by deposit in the applicable Collection Account on or before the next succeeding P&I Advance
Date (to the extent not previously replaced through the deposit of Late Collections of the delinquent principal and/or interest in respect
of which such P&I Advances were made). The applicable Master Servicer shall notify the Certificate Administrator of (i) the
aggregate amount of P&I Advances to be made by such Master Servicer for a Distribution Date and (ii) the amount of any Nonrecoverable
P&I Advances with respect to Mortgage Loans serviced by such Master Servicer for such Distribution Date, on or before two (2) Business
Days prior to such Distribution Date. If the applicable Master Servicer fails to make a required P&I Advance by 4:00 p.m.,
New York City time, on any P&I Advance Date, the Trustee shall make such P&I Advance pursuant to Section 7.05 by
noon, New York City time, on the related Distribution Date, unless such Master Servicer shall have cured such failure (and provided written
notice of such cure to the Trustee and the Certificate Administrator) by 11:00 a.m., New York City time, on such Distribution
Date. In the event that the applicable Master Servicer fails to make a required P&I Advance hereunder, the Certificate Administrator
shall notify the Trustee of such circumstances by 4:30 p.m., New York City time, on the related P&I Advance Date. Notwithstanding
the foregoing, the portion of any P&I Advance equal to the CREFC® Intellectual Property Royalty License Fee shall
not be remitted to the Certificate Administrator for deposit into the Lower-Tier REMIC Distribution Account but shall be deposited
into the applicable Collection Account for payment to CREFC® on such

    	 	-351-	 

     

    

Distribution Date.

If the applicable Master
Servicer or the Trustee makes a P&I Advance with respect to any Mortgage Loan that is part of a Whole Loan with a related Serviced
Companion Loan, then it shall provide to the related other master servicer and Other Trustee under the Other Pooling and Servicing Agreement
written notice of the amount of such P&I Advance with respect to such Mortgage Loan within two (2) Business Days of making such P&I
Advance.

If the applicable Master
Servicer or the Trustee makes a P&I Advance with respect to a Non-Serviced Mortgage Loan, then it shall provide to the related Non-Serviced
Master Servicer and Non-Serviced Trustee written notice of the amount of such P&I Advance within two (2) Business Days of making such
P&I Advance.

No Special Servicer shall
have an obligation to make any P&I Advance or any recoverability determination with respect to any P&I Advance under this Agreement.

(b)              
Subject to Section 4.03(c) and Section 4.03(e) below, the amount of P&I Advances to be made by each
Master Servicer with respect to any Distribution Date, and each Mortgage Loan for which it acts as Master Servicer, shall be equal to:
(i) the Periodic Payments (net of related Servicing Fees and, in the case of any Non-Serviced Mortgage Loan, a fee accruing at the
related Non-Serviced Primary Servicing Fee Rate) other than Balloon Payments, that were due on such Mortgage Loan (including any Non-Serviced
Mortgage Loan) and any REO Loan (other than any portion of an REO Loan related to a Companion Loan) for which it acts as Master Servicer
during the related Collection Period and were not received as of the close of business on the Business Day preceding the related P&I
Advance Date (or not advanced by any Sub-Servicer on behalf of the applicable Master Servicer) and (ii) with respect to each
such Mortgage Loan delinquent in respect of its Balloon Payment as of the P&I Advance Date (including any REO Loan (other than any
portion of an REO Loan related to a Companion Loan) as to which the related Balloon Payment would have been past due), an amount equal
to the Assumed Scheduled Payment therefor. Subject to Section 4.03(c) below, the obligation of the applicable Master Servicer to
make such P&I Advances is mandatory, and with respect to any Mortgage Loan (including any Non-Serviced Mortgage Loan) or REO Loan
(other than any portion of an REO Loan related to a Companion Loan), shall continue until the Distribution Date on which the proceeds,
if any, received in connection with a Liquidation Event or the disposition of the REO Property, as the case may be, with respect thereto
are to be distributed. No P&I Advances shall be made with respect to any Companion Loan. For the avoidance of doubt, each Master Servicer
shall make P&I Advances on the basis of the original terms of any Mortgage Loan, including Mortgage Loans subject to forbearance agreements
or other temporary deferrals or payment accommodations, unless (i) the terms of the Mortgage Loan have been permanently modified to reduce
or forgive a monetary obligation or (ii) such advance has been determined to be non-recoverable.

(c)              
Notwithstanding anything herein to the contrary, no P&I Advance shall be required to be made hereunder if such P&I Advance
would, if made, constitute a Nonrecoverable P&I Advance. With respect to each Serviced Mortgage Loan, the applicable Master Servicer,
the applicable Special Servicer or the Trustee shall make its determination that a P&I Advance that has been made on such Serviced
Mortgage Loan is a Nonrecoverable Advance or that any proposed P&I Advance would, if made, constitute a Nonrecoverable Advance with
respect to such Serviced

    	 	-352-	 

     

    

Mortgage Loan independently of any determination
made by the applicable Other Servicer or Other Trustee, as the case may be, under the applicable Other Pooling and Servicing Agreement
in respect of the related Serviced Companion Loan. If the applicable Master Servicer, the applicable Special Servicer or the Trustee determines
that a proposed P&I Advance with respect to a Serviced Mortgage Loan, if made, or any outstanding P&I Advance with respect to
a Serviced Mortgage Loan previously made, would be, or is, as applicable, a Nonrecoverable Advance, the applicable Master Servicer, the
applicable Special Servicer or the Trustee, as applicable, shall provide the applicable Other Servicer written notice of such determination
within two (2) Business Days of the date of such determination. If the applicable Master Servicer receives written notice from the related
Other Servicer, as the case may be, that an Other Servicer or the Other Trustee has determined, in accordance with the applicable Other
Pooling and Servicing Agreement with respect to a Serviced Companion Loan, that any proposed advance under the applicable Other Pooling
and Servicing Agreement that is similar to a P&I Advance would be, or any outstanding advance under such Other Pooling and Servicing
Agreement that is similar to a P&I Advance is, a nonrecoverable advance, then the applicable Master Servicer, the applicable Special
Servicer or the Trustee may, based upon such determination, determine that any P&I Advance previously made or proposed to be made
with respect to the related Serviced Mortgage Loan will be a Nonrecoverable P&I Advance. Thereafter, in either case, the applicable
Master Servicer and the Trustee shall not be required to make any additional P&I Advances with respect to the related Serviced Mortgage
Loan unless and until such Master Servicer or the Trustee, as the case may be, determines that any such additional P&I Advances with
respect to the related Serviced Mortgage Loan would not be a Nonrecoverable P&I Advance, which determination may be as a result of
consultation with the related Other Servicer, as the case may be, or otherwise. For the avoidance of doubt, the applicable Master Servicer,
the applicable Special Servicer or the Trustee, as the case may be, shall have the sole discretion provided in this Agreement to determine
that any future P&I Advance or outstanding P&I Advance would be, or is, as applicable, a Nonrecoverable Advance.

With respect to each Non-Serviced
Mortgage Loan, the applicable Master Servicer, the applicable Special Servicer or the Trustee shall make its determination (based on information
provided by the applicable Non-Serviced Master Servicer and Non-Serviced Special Servicer) that a P&I Advance that has been made on
such Non-Serviced Mortgage Loan is a Nonrecoverable Advance or that any proposed P&I Advance would, if made, constitute a Nonrecoverable
Advance with respect to such Non-Serviced Mortgage Loan independently of any determination made by the applicable Non-Serviced
Master Servicer, the applicable Non-Serviced Special Servicer or the Non-Serviced Trustee, as the case may be, under the applicable
Non-Serviced PSA in respect of the related Non-Serviced Companion Loan. If the applicable Master Servicer, the applicable Special
Servicer or the Trustee determines that a proposed P&I Advance with respect to a Non-Serviced Mortgage Loan, if made, or any outstanding
P&I Advance with respect to a Non-Serviced Mortgage Loan previously made, would be, or is, as applicable, a Nonrecoverable Advance,
the applicable Master Servicer, the applicable Special Servicer or the Trustee, as applicable, shall provide the applicable Non-Serviced
Master Servicer and Non-Serviced Special Servicer written notice of such determination within two (2) Business Days of the date of such
determination. If the applicable Master Servicer receives written notice from the related Non-Serviced Master Servicer or the related
Non-Serviced Special Servicer, as the case may be, that either has determined, or the Non-Serviced Trustee has determined, in accordance
with the applicable Non-Serviced PSA with respect to a Non-Serviced Companion Loan, that any proposed advance under the applicable
Non-Serviced PSA that is similar to a P&I Advance would be, or

    	 	-353-	 

     

    

any outstanding advance under such Non-Serviced
PSA that is similar to a P&I Advance is, a nonrecoverable advance, then the applicable Master Servicer, the applicable Special Servicer
or the Trustee may, based upon such determination, determine that any P&I Advance previously made or proposed to be made with respect
to the related Non-Serviced Mortgage Loan will be a Nonrecoverable P&I Advance. Thereafter, in either case, the applicable Master
Servicer and the Trustee shall not be required to make any additional P&I Advances with respect to the related Non-Serviced Mortgage
Loan unless and until such Master Servicer or the Trustee, as the case may be, determines that any such additional P&I Advances with
respect to the related Non-Serviced Mortgage Loan would not be a Nonrecoverable P&I Advance, which determination may be as a result
of consultation with the related Non-Serviced Master Servicer or the related Non-Serviced Special Servicer, as the case may be,
or otherwise. For the avoidance of doubt, the applicable Master Servicer, the applicable Special Servicer or the Trustee, as the case
may be, shall have the sole discretion provided in this Agreement to determine that any future P&I Advance or outstanding P&I
Advance would be, or is, as applicable, a Nonrecoverable Advance.

(d)              
In connection with the recovery of any P&I Advance out of the applicable Collection Account, pursuant to Section 3.05(a),
the applicable Master Servicer shall be entitled to pay the Trustee and itself (in that order of priority) as the case may be, out of
any amounts then on deposit in the applicable Collection Account (but in no event from any funds allocable to a Serviced Companion Noteholder
(unless related thereto), except to the extent permitted pursuant to the terms of the related Intercreditor Agreement), interest at the
Reimbursement Rate in effect from time to time, accrued on the amount of such P&I Advance from the date made to but not including
the date of reimbursement; provided, however, that no interest will accrue on any P&I Advance (i) if the related
Periodic Payment is received on or before the related Due Date has passed and any applicable Grace Period has expired or (ii) if
the related Periodic Payment is received after the Determination Date but on or prior to the related P&I Advance Date. The applicable
Master Servicer shall reimburse itself and/or the Trustee, as the case may be, for any outstanding P&I Advance, subject to Section 3.17
of this Agreement, as soon as practicably possible after funds available for such purpose are deposited in the applicable Collection Account.

(e)              
Notwithstanding the foregoing, (i) neither the applicable Master Servicer nor the Trustee shall make an advance for Excess
Interest, Yield Maintenance Charges, Default Interest, late payment charges, Prepayment Premiums, or Balloon Payments or make any P&I
Advance with respect to any Companion Loan or any cure payment payable by a holder of an AB Subordinate Companion Loan and (ii) if
an Appraisal Reduction Amount has been determined with respect to any Mortgage Loan (or, in the case of a Non-Serviced Mortgage Loan,
an “appraisal reduction amount” (or similar item) has been made in accordance with the related Non-Serviced PSA and the applicable
Master Servicer has notice of such appraisal reduction amount) then in the event of subsequent delinquencies thereon, the interest portion
of the P&I Advance in respect of such Mortgage Loan for the related Distribution Date shall be reduced (it being herein acknowledged
that there shall be no reduction in the principal portion of such P&I Advance) to equal the product of (x) the amount of the
interest portion of such P&I Advance for such Mortgage Loan for such Distribution Date without regard to this clause 4.03(e)(ii),
and (y) a fraction, expressed as a percentage, the numerator of which is equal to the Stated Principal Balance of such Mortgage Loan
immediately prior to such Distribution Date, net of the related Appraisal Reduction Amount (or, in the case of a Serviced Whole Loan,
the portion of such Appraisal Reduction Amount allocated to the related Mortgage Loan), if any, and the denominator of which is equal
to

    	 	-354-	 

     

    

the Stated Principal Balance of such Mortgage
Loan immediately prior to such Distribution Date. For purposes of the immediately preceding sentence, the Periodic Payment due on the
Maturity Date for a Balloon Mortgage Loan will be the Assumed Scheduled Payment for the related Distribution Date.

Section 4.04       
Allocation of Realized Losses.(a) On each Distribution Date, immediately
following the distributions to be made on such date pursuant to Section 4.01, the Certificate Administrator shall calculate
the Realized Loss and Retained Certificate Realized Loss for such Distribution Date. Any allocation of Realized Losses or Retained Certificate
Realized Losses to a Class of Regular Certificates or Exchangeable Certificates or Exchangeable Upper-Tier Regular Interest shall be made
by reducing the Certificate Balance thereof by the amount so allocated. Any Realized Losses or Retained Certificate Realized Losses so
allocated to a Class of Regular Certificates or Exchangeable Certificates shall be allocated among the respective Certificates of such
Class of Regular Certificates or Exchangeable Certificates in proportion to the Percentage Interests evidenced thereby. The allocation
of Realized Losses or Retained Certificate Realized Losses shall constitute an allocation of losses and other shortfalls experienced by
the Trust. Reimbursement of previously allocated Realized Losses and Retained Certificate Realized Losses will not constitute distributions
of principal for any purpose and will not result in an additional reduction in the Certificate Balance of the applicable Class of Certificates
or Upper-Tier Regular Interest in respect of which any such reimbursement is made. With respect to any Class of Principal Balance Certificates
(other than any Exchangeable Certificates) and Exchangeable Upper-Tier P&I Regular Interests, to the extent any Nonrecoverable Advances
(plus interest thereon) that were reimbursed from principal collections on the Mortgage Loans and previously resulted in a reduction of
the Aggregate Principal Distribution Amount (and corresponding to a reduction of the Principal Distribution Amount and Retained Certificate
Principal Distribution Amount) are subsequently recovered on the related Mortgage Loan, the amount of such recovery will be added to the
Certificate Balance of the Class or Classes of such Principal Balance Certificates or Exchangeable Upper-Tier P&I Regular Interests
that previously were allocated Realized Losses and Retained Certificate Realized Losses, as applicable, and in the case of Realized Losses,
in sequential order according to the priority of payments for such Principal Balance Certificates (other than the RR Interest) and Exchangeable
Upper-Tier P&I Regular Interests (and with respect to the Class A-1 and Class A-SB Certificates and the Class A-3 and Class A-4 Upper-Tier
Regular Interests (and, correspondingly, to the Class A-3, Class A-3-1, Class A-3-2, Class A-4, Class A-4-1 and Class A-4-2 Certificates,
pro rata in proportion to their Class Percentage Interests in the Class A-3 Upper-Tier Regular Interest or the Class A-4 Upper-Tier
Regular Interest, as applicable), on a pro rata basis according to the amount of unreimbursed Realized Losses on such Classes),
in each case up to the amount of the unreimbursed Realized Losses and Retained Certificate Realized Losses, as applicable, allocated to
such Class of Principal Balance Certificates or Exchangeable Upper-Tier Regular Interests.

(b)              
 (i) On each Distribution Date, the Certificate Balances of the Principal Balance Certificates (other than any Exchangeable
Certificates and the RR Interest) and the Exchangeable Upper-Tier P&I Regular Interests will be reduced without distribution, as a
write-off to the extent of any Realized Losses, if any, allocable to such Certificates or Exchangeable Upper-Tier Regular Interests
with respect to such Distribution Date. Any such write-off shall be allocated in Reverse Sequential Order.

    	 	-355-	 

     

    

(ii)                             On
each Distribution Date, the Certificate Balance of the RR Interest will be reduced without distribution, as a write-off to the extent
of any Retained Certificate Realized Losses with respect to such Distribution Date.

(iii)                          Any Realized Losses
applied to the Class A-3, Class A-4, Class A-S, Class B or Class C Upper-Tier Regular Interests shall be allocated to the corresponding
Classes of Exchangeable Certificates with Certificate Balances that represent an interest therein pro rata to reduce their Certificate
Balances in accordance with their Class Percentage Interests therein.

(c)               
With respect to any Distribution Date, any Realized Losses or Retained Certificate Realized Losses allocated to a Class of Principal
Balance Certificates (other than any Exchangeable Certificates) or Exchangeable Upper-Tier P&I Regular Interest pursuant to Section 4.04(a)
or Section 4.04(b) with respect to such Distribution Date shall reduce the Lower-Tier Principal Amount of the Related
Lower-Tier Regular Interest with respect thereto as a write-off.

Section 4.05       
Appraisal Reduction Amounts; Collateral Deficiency Amounts. (a) For
purposes of (x) determining the Controlling Class (and whether a Control Termination Event has occurred and is continuing)
and (y) determining the Voting Rights of the related Classes for purposes of removal of the applicable Special Servicer or the
Operating Advisor, Allocated Appraisal Reduction Amounts and Allocated Collateral Deficiency Amounts (with respect to a Serviced Whole
Loan, to the extent allocated to the related Mortgage Loan) shall be allocated to each Class of Certificates (other than the RR
Interest and any Exchangeable Certificates) and the Exchangeable Upper-Tier Regular Interests in reverse sequential order to notionally
reduce the related Certificate Balances until the Certificate Balance of each such Class is reduced to zero (i.e., first,
to the Class H Certificates, second, to the Class G Certificates, third, to the Class F Certificates,
fourth, to the Class E Certificates, fifth, to the Class D Certificates, sixth, to the Class C
Upper-Tier Regular Interest, seventh, to the Class B Upper-Tier Regular Interest, eighth, to the Class A-S
Upper-Tier Regular Interest, and finally, pro rata based on their respective interest entitlements, to the Class
A-1 and Class A-SB Certificates and the Class A-3 and Class A-4 Upper-Tier Regular Interests). Allocated Appraisal Reduction Amounts
and Allocated Collateral Deficiency Amounts allocated to any Exchangeable Upper-Tier Regular Interest as set forth above will be allocated
to the Classes of Exchangeable P&I Certificates representing interests therein pro rata in accordance with their respective
Class Percentage Interests in such Exchangeable Upper-Tier Regular Interest.

Appraisal Reduction Amounts
and Cumulative Appraisal Reduction Amounts allocated to a related Mortgage Loan will be allocated between the RR Interest on the one hand
and the Senior Certificates and Subordinate Certificates, on the other hand, based on the Required Credit Risk Retention Percentage and
the Non-Retained Percentage, respectively.

As of the first Determination
Date following a Serviced Mortgage Loan becoming an AB Modified Loan, the applicable Special Servicer shall calculate whether a Collateral
Deficiency Amount exists with respect to such AB Modified Loan, taking into account the most recent Appraisal obtained by the applicable
Special Servicer with respect to such Mortgage Loan, and all other information relevant to a Collateral Deficiency Amount determination.
The applicable Master Servicer shall provide (via electronic delivery) the applicable Special Servicer

    	 	-356-	 

     

    

with any information in its possession that
is reasonably required to determine, redetermine, calculate or recalculate any Collateral Deficiency Amount for any Serviced Mortgage
Loan and any Serviced Companion Loan using reasonable efforts to deliver such information within four (4) Business Days of the applicable
Special Servicer’s reasonable request. Upon obtaining knowledge or receipt of notice by the applicable Special Servicer that a Non-Serviced
Mortgage Loan has become an AB Modified Loan, the applicable Special Servicer shall (i) promptly request from the related Non-Serviced
Master Servicer, Non-Serviced Special Servicer and Non-Serviced Trustee the most recent appraisal with respect to such AB Modified Loan,
in addition to all other information reasonably required by the applicable Special Servicer to calculate whether a Collateral Deficiency
Amount exists with respect to such AB Modified Loan, and (ii) as of the first Determination Date following receipt by the applicable Special
Servicer of the appraisal and any other information set forth in the immediately preceding clause (i) that the applicable
Special Servicer reasonably expects to receive, calculate whether a Collateral Deficiency Amount exists with respect to such AB Modified
Loan, taking into account the most recent appraisal obtained by the Non-Serviced Special Servicer with respect to such Non-Serviced Mortgage
Loan, and all other information in its possession relevant to a Collateral Deficiency Amount determination. Upon obtaining knowledge or
receipt of notice by any other party to this Agreement that a Non-Serviced Mortgage Loan has become an AB Modified Loan, such party shall
promptly notify the applicable Special Servicer thereof. None of the Master Servicer, the Operating Advisor (unless a Control Termination
Event has occurred and is continuing and the applicable Special Servicer has calculated any such Collateral Deficiency Amount), the Trustee
or the Certificate Administrator shall calculate or verify any Collateral Deficiency Amount.

For purposes of determining
the Controlling Class and whether a Control Termination Event has occurred and is continuing, Allocated Collateral Deficiency Amounts
allocated to an AB Modified Loan will be allocated to each Class of Control Eligible Certificates in Reverse Sequential Order to notionally
reduce the related Certificate Balances until the Certificate Balance of each such Class of Control Eligible Certificates is reduced to
zero. For the avoidance of doubt, for purposes of determining the Controlling Class or the occurrence and continuance of a Control Termination
Event, any Class of Control Eligible Certificates shall be allocated both applicable Appraisal Reduction Amounts and applicable Collateral
Deficiency Amounts (the sum of which shall constitute the applicable Cumulative Appraisal Reduction Amount), in accordance with this Section 4.05(a),
but only to the extent of the Allocated Appraisal Reduction Amounts and Allocated Cumulative Appraisal Reduction Amounts.

With respect to (i) any Appraisal
Reduction Amount calculated for the purposes of determining the Voting Rights of the related Classes for purposes of removal of a Special
Servicer or Operating Advisor and (ii) any Appraisal Reduction Amount or Collateral Deficiency Amount calculated for purposes of determining
the Controlling Class or the occurrence and continuance of a Control Termination Event, the appraised value of the related Mortgaged Property
shall be determined on an “as is” basis.

The applicable Special Servicer
shall promptly notify the applicable Master Servicer and the applicable Master Servicer shall notify the Certificate Administrator, to
the extent it receives such information, of the amount of any Appraisal Reduction Amount, any Collateral Deficiency Amount and any resulting
Cumulative Appraisal Reduction Amount allocated to each Mortgage Loan, AB Modified Loan or Serviced Whole Loan (which notification shall
be satisfied

    	 	-357-	 

     

    

through delivery of such Appraisal Reduction
Amount as included in the CREFC® Appraisal Reduction Amount Template included in the CREFC® Investor Reporting
Package with respect to the Collateral Deficiency Amount and the Cumulative Appraisal Reduction Amount) and the Certificate Administrator
shall promptly post notice of such Appraisal Reduction Amount, Collateral Deficiency Amount and/or Cumulative Appraisal Reduction Amount,
as applicable, to the Certificate Administrator’s Website. Based on information in its possession, the Certificate Administrator
shall determine from time to time which Class of Certificates is the Controlling Class. Promptly upon its determination of a change in
the Controlling Class, the Certificate Administrator shall notify the applicable Master Servicer, the applicable Special Servicer and
the Operating Advisor of such event, including the identity and contact information of the new Controlling Class Certificateholder
and the identity of the Controlling Class as set forth in Section 3.23(m) (the cost of obtaining such information from the
Depository being an expense of the Trust).

(b)              
 (i) The Holders of the majority of Voting Rights of any Class of Control Eligible Certificates that is determined at any time
of determination to no longer be the Controlling Class because its Certificate Balance has been reduced to less than 25% of its initial
Certificate Balance (any such Class, an “Appraised-Out Class”) as a result of an Appraisal Reduction Amount or
Collateral Deficiency Amount (as applicable) in respect of such Class shall have the right, at their sole expense, to require the applicable
Special Servicer to order (or, with respect to a Non-Serviced Mortgage Loan, require the applicable Special Servicer to request from the
applicable Non-Serviced Special Servicer) a second Appraisal with respect to any Mortgage Loan (or Serviced Whole Loan) for which an Appraisal
Reduction Event has occurred or as to which there exists a Collateral Deficiency Amount (such Holders, the “Requesting Holders”).
The applicable Special Servicer shall use its reasonable efforts to cause such second Appraisal to be delivered within thirty (30) days
from receipt of the Requesting Holders’ written request and shall cause such Appraisal to be prepared on an “as-is”
basis by an MAI appraiser (provided that such MAI appraiser may not be the same MAI appraiser that provided the Appraisal in respect
of which the Requesting Holders are requesting the applicable Special Servicer to obtain an additional Appraisal). With respect to any
such Non-Serviced Mortgage Loan, the applicable Special Servicer shall use commercially reasonable efforts to obtain such second Appraisal
from the applicable Non-Serviced Special Servicer.

In addition, the Requesting
Holders of any Appraised-Out Class shall have the right, at their sole expense, to require the applicable Special Servicer to order an
additional Appraisal of any Serviced Mortgage Loan as to which there exists a Collateral Deficiency Amount if an event has occurred at,
or with respect to, the related Mortgaged Property or Mortgaged Properties that would have a material effect on its or their appraised
value. The applicable Special Servicer shall use its reasonable efforts to cause such additional Appraisal to be delivered within thirty
(30) days from receipt of the Requesting Holders’ written request and shall cause such Appraisal to be prepared on an “as-is”
basis by an MAI appraiser reasonably acceptable to such Special Servicer (provided that such MAI appraiser may not be the same
MAI appraiser that provided the Appraisal in respect of which the Requesting Holders are requesting the applicable Special Servicer to
obtain an additional Appraisal).

(ii)              
Upon receipt of any supplemental Appraisal pursuant to clause (i) above, the applicable Special Servicer shall determine,
in accordance with the Servicing Standard,

    	 	-358-	 

     

    

whether, based on its assessment of such
supplemental Appraisal, any recalculation of the Appraisal Reduction Amount or Collateral Deficiency Amount (as applicable) is warranted,
and if so warranted, such Person shall recalculate the Appraisal Reduction Amount or Collateral Deficiency Amount, as applicable, based
on such supplemental Appraisal. If required by such recalculation, the Appraised-Out Class shall be reinstated as the Controlling
Class and each other Appraised-Out Class shall, if applicable, have its related Certificate Balance notionally restored to the extent
required by such recalculation of the Appraisal Reduction Amount, Allocated Appraisal Reduction Amount or Collateral Deficiency Amount,
as applicable. The Holders of an Appraised-Out Class may not exercise any direction, control, consent and/or similar rights of the
Controlling Class until such time, if any, as the Class is reinstated as the Controlling Class (such period beginning upon receipt by
the applicable Special Servicer of any request to obtain a supplemental Appraisal pursuant to clause (i) above to but excluding
the date on which either (A) the applicable Special Servicer determines that no recalculation of the Appraisal Reduction Amount or
Collateral Deficiency Amount is warranted or (B) the applicable Special Servicer recalculates the Appraisal Reduction Amount or Collateral
Deficiency Amount, as applicable, based on the supplemental Appraisal, the “Appraisal Review Period”). The rights of
the Controlling Class during each Appraisal Review Period shall be exercised by the next most senior Class of Control Eligible Certificates
that is not an Appraised-Out Class, if any.

(c)              
With respect to each Serviced Mortgage Loan, and each Serviced Whole Loan as to which an Appraisal Reduction Event has occurred
(unless such Mortgage Loan or Serviced Whole Loan has become a Corrected Loan (for such purposes taking into account any amendment or
modification of such Mortgage Loan, any related Companion Loan or Serviced Whole Loan)), the applicable Special Servicer shall (1) within
thirty (30) days of the occurrence or of each anniversary of the related Appraisal Reduction Event, and (2) upon its determination
that the value of the related Mortgaged Property has materially changed, notify the applicable Master Servicer of the occurrence of such
anniversary or determination and order an Appraisal (which may be an update of a prior Appraisal), the cost of which shall be paid by
such Master Servicer as a Servicing Advance or to the extent it would be a Nonrecoverable Advance, an expense of the Trust, or conduct
an internal valuation, as applicable and, promptly following receipt of any such Appraisal or performance of such valuation (or receipt
of any Appraisal obtained in accordance with Section 4.05(b)(i) above), shall deliver a copy thereof to the applicable Master
Servicer, the Certificate Administrator, the Trustee, the Operating Advisor and ((i) prior to the occurrence and continuance of any
Consultation Termination Event and (ii) other than with respect to any Mortgage Loan that is an Excluded Loan as to such party) the
Directing Certificateholder. Based upon such Appraisal or internal valuation (or any Appraisal obtained in accordance with Section 4.05(b)
above) and receipt of information in the possession of the applicable Master Servicer that is reasonably requested by the applicable Special
Servicer from the applicable Master Servicer and necessary to calculate the Appraisal Reduction Amount, the applicable Special Servicer
shall determine or redetermine, as applicable, and report to the applicable Master Servicer, the Certificate Administrator, the Trustee,
the Operating Advisor and ((i) prior to the occurrence and continuance of any Consultation Termination Event and (ii) other
than with respect to any Mortgage Loan that is an Excluded Loan as to such party) the Directing Certificateholder, the amount and calculation
or recalculation of the Appraisal Reduction Amount or Collateral Deficiency Amount with respect to such Mortgage Loan, Serviced Companion
Loan

    	 	-359-	 

     

    

or Serviced Whole Loan, as applicable, and
such report shall be delivered in the CREFC® Appraisal Reduction Template format; provided, however, that
the applicable Special Servicer shall not be liable for failure to comply with such duties insofar as such failure results from a failure
of the applicable Master Servicer to provide sufficient information to such Special Servicer to comply with such duties or failure by
such Master Servicer to otherwise comply with its obligations hereunder. Following a Master Servicer’s receipt from the applicable
Special Servicer of the calculation of the Appraisal Reduction Amounts, such Master Servicer shall provide such information to the Certificate
Administrator in the form of the CREFC® Loan Periodic Update File and the CREFC® Appraisal Reduction Template
provided to it by the applicable Special Servicer or such other report or reports mutually agreed upon between the applicable Master Servicer
and the Certificate Administrator, and the Certificate Administrator will calculate the Allocated Appraisal Reduction Amount and the Allocated
Cumulative Appraisal Reduction Amount. Such report of the Appraisal Reduction Amount shall also be promptly forwarded by the applicable
Special Servicer to the extent the related Serviced Companion Loan has been included in an Other Securitization, to the Other Servicer
or Other Trustee of such Other Securitization into which the related Serviced Companion Loan has been sold, or to the holder of any related
Serviced Companion Loan by the applicable Special Servicer. If the applicable Special Servicer is required to redetermine the Appraisal
Reduction Amount or Collateral Deficiency Amount, such redetermined Appraisal Reduction Amount or Collateral Deficiency Amount shall replace
the prior Appraisal Reduction Amount or Collateral Deficiency Amount, as applicable, with respect to such Mortgage Loan, Companion Loan
or Serviced Whole Loan, as applicable. Prior to the occurrence and continuance of a Consultation Termination Event (and unless the related
Mortgage Loan is an Excluded Loan as to such party), the applicable Special Servicer shall consult with the Directing Certificateholder
with respect to any Appraisal, valuation or downward adjustment in connection with an Appraisal Reduction Amount or Collateral Deficiency
Amount. Notwithstanding the foregoing but subject to Section 4.05(b), the applicable Special Servicer will not be required
to obtain an Appraisal or conduct an internal valuation, as applicable, with respect to a Mortgage Loan or related Companion Loan or Serviced
Whole Loan as to which an Appraisal Reduction Event has occurred to the extent the applicable Special Servicer has obtained an Appraisal
or conducted such a valuation (in accordance with requirements of this Agreement), as applicable, with respect to the related Mortgaged
Property within the twelve-month period immediately prior to the occurrence of such Appraisal Reduction Event. Instead, the applicable
Special Servicer may use such prior Appraisal or valuation, as applicable, in calculating any Appraisal Reduction Amount with respect
to such Mortgage Loan or related Companion Loan or Serviced Whole Loan; provided that the applicable Special Servicer is not aware
of any material change to the related Mortgaged Property having occurred and affecting the validity of such Appraisal or valuation.

The applicable Master Servicer
shall deliver by electronic mail to the applicable Special Servicer any information in its possession or, with respect to Non-Specially
Serviced Loans, reasonably obtainable by the applicable Master Servicer that is reasonably required to determine, calculate, redetermine
or recalculate any Appraisal Reduction Amount and Allocated Appraisal Reduction Amount, using reasonable efforts to deliver such information,
within four (4) Business Days following the applicable Special Servicer’s reasonable request therefor; provided that such
Special Servicer’s failure to timely make such request shall not relieve such Master Servicer of its obligation to use reasonable
efforts to provide such information to such Special Servicer within four (4) Business Days following such Special Servicer’s reasonable
request. The applicable Master Servicer shall not calculate Appraisal Reduction Amounts.

    	 	-360-	 

     

    

(d)              
 Any Serviced Mortgage Loan, any related Serviced Companion Loan and any Serviced Whole Loan previously subject to an Appraisal
Reduction Amount and Allocated Appraisal Reduction Amount, which has become a Corrected Loan (for such purposes taking into account any
amendment or modification of such Mortgage Loan, any related Serviced Companion Loan and any Serviced Whole Loan, as applicable), and
with respect to which no other Appraisal Reduction Event has occurred and is continuing, will no longer be subject to an Appraisal Reduction
Amount and Allocated Appraisal Reduction Amount. Any Appraisal Reduction Amount in respect of a Non-Serviced Whole Loan shall be calculated
by the applicable party under and in accordance with and pursuant to the terms of the applicable Non-Serviced PSA.

(e)              
Each Serviced Whole Loan will be treated as a single Mortgage Loan for purposes of calculating an Appraisal Reduction Amount with
respect to the Mortgage Loan and Companion Loan(s) that comprise such Serviced Whole Loan. Any Appraisal Reduction Amount in respect of
a Serviced AB Whole Loan will be allocated in accordance with the related Intercreditor Agreement or, if no allocation is specified in
the related Intercreditor Agreement, then, first, to the related AB Subordinate Companion Loan (until its principal balance is notionally
reduced to zero by such Appraisal Reduction Amounts) and second, pro rata, between the related Serviced AB Mortgage Loan and any
Serviced Pari Passu Companion Loans. Any Appraisal Reduction Amount in respect of any Serviced Pari Passu Whole Loan will be allocated
in accordance with the related Intercreditor Agreement or, if no allocation is specified in the related Intercreditor Agreement, then,
pro rata, between the related Serviced Pari Passu Mortgage Loan and the related Serviced Pari Passu Companion Loan, based upon
their respective outstanding principal balances.

Section 4.06       
Grantor Trust Reporting. (a) The parties intend that the portions of
the Trust Fund constituting the Grantor Trust, shall constitute, and that the affairs of the Grantor Trust shall be conducted so as to
qualify such portion as, a “grantor trust” under subpart E, part I of subchapter J of the Code, and the provisions
hereof shall be interpreted consistently with this intention. In furtherance of such intention, neither the Trustee nor the Certificate
Administrator shall have the power to vary the investment of the Holders of the Class V Certificates, the Exchangeable Certificates
or the RR Interest in the Grantor Trust so as to improve their rate of return. The Certificate Administrator shall prepare or cause to
be prepared, submit to the Trustee for execution (and the Trustee shall timely execute and timely return to the Certificate Administrator)
and timely file all Tax Returns in respect of the Grantor Trust. In addition, the Certificate Administrator shall (A) file, or cause
to be filed, Internal Revenue Service Form 1041, Form 1099 or such other form as may be applicable with the Internal Revenue
Service with copies of the statements in the following clause, (B) furnish, or cause to be furnished, to the Holders of the Class V
Certificates and the RR Interest, their allocable share of income and expense with respect to the Excess Interest and Excess Interest
Distribution Account, in the time or times and in the manner required by the Code, and (C) furnish, or cause to be furnished, to the Holders
of the Exchangeable Certificates, their allocable share of income and expense with respect to the Exchangeable Upper-Tier REMIC Regular
Interests, in the time or times and in the manner required by the Code.

(b)              
As of the Closing Date, the Grantor Trust is a WHFIT that is a WHMT. The Certificate Administrator shall report as required under
the WHFIT Regulations to the extent such information as is reasonably necessary to enable the Certificate Administrator to do so is provided

    	 	-361-	 

     

    

to the Certificate Administrator on a timely
basis. The Certificate Administrator is hereby directed to assume that Cede & Co. and Hare & Co. LLC are the only “middlemen”
as defined in the WHFIT Regulations unless and until the Depositor provides the Certificate Administrator with the identities of other
“middlemen” that are Certificateholders. The Certificate Administrator shall be entitled to indemnification in accordance
with the terms of this Agreement in the event that the Internal Revenue Service makes a determination that the first sentence of this
paragraph is incorrect.

(c)              
The Certificate Administrator shall report required WHFIT information using either the cash or accrual method, except to the extent
the WHFIT Regulations specifically require a different method. The Certificate Administrator shall be under no obligation to determine
whether any Certificateholder uses the cash or accrual method. The Certificate Administrator shall make available (via its website) WHFIT
information to Certificateholders annually. In addition, the Certificate Administrator shall not be responsible or liable for providing
subsequently amended, revised or updated information to any Certificateholder, unless requested by the Certificateholder.

(d)              
The Certificate Administrator shall not be liable for failure to meet the reporting requirements of the WHFIT Regulations nor for
any penalties thereunder if such failure is due to: (i) the lack of reasonably necessary information being provided to the Certificate
Administrator or (ii) incomplete, inaccurate or untimely information being provided to the Certificate Administrator. Each Holder
of a Class V Certificate, an Exchangeable Certificate or an RR Interest, by acceptance of its interest in such Class of securities,
will be deemed to have agreed to provide the Certificate Administrator with information regarding any sale of such securities, including
the price, amount of proceeds and date of sale. Absent receipt of information regarding any sale of a Class V Certificate, an Exchangeable
Certificate or an RR Interest, including the price, amount of proceeds and date of sale from the beneficial owner thereof or the Depositor,
the Certificate Administrator shall assume there is no secondary market trading of WHFIT interests.

(e)              
To the extent required by the WHFIT Regulations, the Certificate Administrator shall use reasonable efforts to publish on an appropriate
website the CUSIP for the Class V Certificates or the Exchangeable Certificates. The CUSIP so published shall represent the Rule 144A
CUSIP (in the case of the Class V Certificates) and the Rule 144A CUSIP (in the case of the Exchangeable Certificates). The Certificate
Administrator shall make reasonable good faith efforts to keep the website accurate and updated to the extent such CUSIP has been received.
Absent the receipt of such CUSIP, the Certificate Administrator will use a reasonable identifier number in lieu of a CUSIP. The Certificate
Administrator shall not be liable for investor reporting delays that result from the receipt of inaccurate or untimely CUSIP information.

Section 4.07       
Investor Q&A Forum; Investor Registry; and Rating Agency Q&A Forum and Document Request Tool. (a) The
Certificate Administrator shall make available, only to Privileged Persons, the Investor Q&A Forum. The “Investor Q&A
Forum” shall be a service available on the Certificate Administrator’s Website, where (i) Certificateholders and
beneficial owners of Certificates that are Privileged Persons may submit questions to (A) the Certificate Administrator relating
to the Distribution Date Statement, (B) the applicable Master Servicer or the applicable Special Servicer, as the case may be,
relating to the reports being made available

    	 	-362-	 

     

    

pursuant to Sections 3.13(b) and
Section 3.13(d), the Mortgage Loans (excluding any Non-Serviced Mortgage Loan) or the related Mortgaged Properties or (C) the
Operating Advisor relating to the Operating Advisor Annual Report or other reports prepared by the Operating Advisor or actions by the
applicable Special Servicer referenced in any Operating Advisor Annual Report (each an “Inquiry” and collectively,
“Inquiries”), and (ii) Privileged Persons may view Inquiries that have been previously submitted and answered,
together with the answers thereto. Upon receipt of an Inquiry for the applicable Master Servicer, the applicable Special Servicer, Certificate
Administrator or the Operating Advisor, as applicable, and in the case of any Inquiry relating to a Non-Serviced Mortgage Loan, to the
related Non-Serviced Master Servicer or related Non-Serviced Special Servicer, as applicable, the Certificate Administrator shall forward
the Inquiry to the appropriate person (in the case of the General Master Servicer to the following: REAM_InvestorRelations@wellsfargo.com),
in each case within a commercially reasonable period of time following receipt thereof. Following receipt of an Inquiry, the applicable
Master Servicer, the applicable Special Servicer, the Certificate Administrator or the Operating Advisor, as applicable, unless such party
determines not to answer such Inquiry as provided below, shall reply to the Inquiry, which reply of such Master Servicer, such Special
Servicer or the Operating Advisor, as applicable, shall be delivered to the Certificate Administrator by electronic mail. In the case
of an Inquiry relating to a Non-Serviced Mortgage Loan, the Certificate Administrator shall make reasonable efforts to obtain an answer
from the related Non-Serviced Master Servicer or the related Non-Serviced Special Servicer, as applicable; provided that the Certificate
Administrator shall not be responsible for the content of such answer or any delay or failure to obtain such answer. The Certificate Administrator
shall post (within a commercially reasonable period of time following preparation or receipt of such answer, as the case may be) such
Inquiry and the related answer to the Certificate Administrator’s Website. If the Certificate Administrator, the applicable Master
Servicer, the applicable Special Servicer or the Operating Advisor determines, in its respective sole discretion, that (i) any Inquiry
is beyond the scope of the topics described above, (ii) answering any Inquiry would not be in the best interests of the Trust and/or
the Certificateholders, (iii) answering any Inquiry would be in violation of applicable law, the applicable Mortgage Loan documents
or this Agreement, (iv) answering any Inquiry would materially increase the duties of, or result in significant additional cost or
expense to, the applicable Master Servicer, the applicable Special Servicer, the Certificate Administrator or the Operating Advisor, as
applicable, (v) answering any Inquiry would require the disclosure of Privileged Information (subject to the Privileged Information
Exception), (vi) that answering the Inquiry would or is reasonably expected to result in a waiver of an attorney-client privilege
or the disclosure of attorney work product or (vii) answering any Inquiry is otherwise, for any reason, not advisable, it shall not
be required to answer such Inquiry and, in the case of the applicable Master Servicer, the applicable Special Servicer or the Operating
Advisor, shall promptly notify the Certificate Administrator of such determination. In addition, no party shall post or otherwise disclose
any direct communications with the Directing Certificateholder or the Risk Retention Consultation Party (in its capacity as Risk Retention
Consultation Party) as part of its response to any Inquiries. The Certificate Administrator shall notify the Person who submitted such
Inquiry in the event that the Inquiry will not be answered. Any notice by the Certificate Administrator to the Person who submitted an
Inquiry that will not be answered shall include the following statement: “Because the Pooling and Servicing Agreement provides that
a Master Servicer, a Special Servicer, the Certificate Administrator and the Operating Advisor shall not answer an Inquiry if it determines,
in its respective sole discretion, that (i) any Inquiry is beyond the scope of

    	 	-363-	 

     

    

the topics described in the Pooling and Servicing
Agreement, (ii) answering any Inquiry would not be in the best interests of the Trust and/or the Certificateholders, (iii) answering
any Inquiry would be in violation of applicable law or the applicable Mortgage Loan documents, (iv) answering any Inquiry would materially
increase the duties of, or result in significant additional costs or expenses to the Trustee, a Master Servicer, a Special Servicer, the
Certificate Administrator or Operating Advisor, as applicable, (v) answering any Inquiry would require the disclosure of Privileged
Information, or (vi) answering any Inquiry is otherwise, for any reason, not advisable, no inference should or may be drawn from
the fact that a Master Servicer, a Special Servicer, the Certificate Administrator or the Operating Advisor has declined to answer the
Inquiry.” Answers posted on the Investor Q&A Forum will be attributable only to the respondent, and shall not be deemed to be
answers from any of the Depositor, the Underwriters or any of their respective Affiliates. None of the Underwriters, the Depositor, the
Master Servicers, the Special Servicers, the Certificate Administrator, the Trustee or the Operating Advisor or any of their respective
Affiliates will certify to any of the information posted in the Investor Q&A Forum and no such party shall have any responsibility
or liability for the content of any such information. The Certificate Administrator shall not be required to post to the Certificate Administrator’s
Website any Inquiry or answer thereto that the Certificate Administrator determines, in its sole discretion, is administrative or ministerial
in nature. The Investor Q&A Forum will not reflect questions, answers and other communications that are not submitted via the Certificate
Administrator’s Website. Notwithstanding the foregoing, the Operating Advisor shall not be required to respond to any Inquiries
from Certificateholders for which its response would require the Operating Advisor to provide information to such inquiring Certificateholders
that they are otherwise not entitled to receive under the terms of this Agreement.

(b)              
The Certificate Administrator shall make available to any Certificateholder and any Certificate Owner that is a Privileged Person,
the Investor Registry. The “Investor Registry” shall be a voluntary service available on the Certificate Administrator’s
Website, where Certificateholders and Certificate Owners that are Privileged Persons can register and thereafter obtain information with
respect to any other Certificateholder or Certificate Owner that has so registered. Any person registering to use the Investor Registry
shall certify that (a) it is a Certificateholder or a Certificate Owner and a Privileged Person and (b) it grants authorization
to the Certificate Administrator to make its name and contact information available on the Investor Registry for at least forty-five
(45) days from the date of such certification to persons entitled to access to the Investor Registry. Such Person shall then be asked
to enter certain mandatory fields such as the individual’s name, the company name and email address, as well as certain optional
fields such as address, phone, and Class(es) of Certificates owned. If any Certificateholder or Certificate Owner notifies the Certificate
Administrator that it wishes to be removed from the Investor Registry (which notice may not be within forty-five (45) days of its
registration), the Certificate Administrator shall promptly remove it from the Investor Registry. The Certificate Administrator will not
be responsible for verifying or validating any information submitted on the Investor Registry, or for monitoring or otherwise maintaining
the accuracy of any information thereon. The Certificate Administrator may require acceptance of a waiver and disclaimer for access to
the Investor Registry.

(c)              
The 17g-5 Information Provider shall make available, only to NRSROs, the Rating Agency Q&A Forum and Document Request Tool.
The “Rating Agency Q&A Forum and Document Request Tool” shall be a service available on the 17g-5 Information
Provider’s Website,

    	 	-364-	 

     

    

where NRSROs may (i) submit questions
to the Certificate Administrator relating to any Distribution Date Statements, or submit questions to the applicable Master Servicer or
the applicable Special Servicer, as the case may be, relating to the reports prepared by such parties (each such submission, a “Rating
Agency Inquiry”), and (ii) view Rating Agency Inquiries that have been previously submitted and answered, together with
the responses thereto. In addition, NRSROs may use the forum to submit requests (each such submission also, a “Rating Agency
Inquiry”) to the applicable Master Servicer for loan-level reports and other related information. Upon receipt of a Rating
Agency Inquiry for the applicable Master Servicer or the applicable Special Servicer, the 17g-5 Information Provider shall forward
the Rating Agency Inquiry to the appropriate person (in the case of the General Master Servicer to the following: RAInvRequests@wellsfargo.com;
and, in the case of the NCB Master Servicer, to the following: BANK2022BNK41@ncb.com), in each case within a commercially reasonable
period of time following receipt thereof. Following receipt of a Rating Agency Inquiry from the 17g-5 Information Provider, the applicable
Master Servicer or the applicable Special Servicer, as the case may be, unless it determines not to answer such Rating Agency Inquiry
as provided below, shall reply by email to the Certificate Administrator. The 17g-5 Information Provider shall post (within a commercially
reasonable period of time following receipt of such response) such Rating Agency Inquiry with the related response thereto (or such reports,
as applicable) to the Rating Agency Q&A Forum and Document Request Tool. Any reports posted by the 17g-5 Information Provider
in response to an inquiry may be posted on a separate website or web page accessible by a link on the 17g-5 Information Provider’s
Website. If the Certificate Administrator, the applicable Master Servicer or the applicable Special Servicer determines, in its respective
sole discretion, that (i) answering any Rating Agency Inquiry would be in violation of applicable law, the Servicing Standard, this
Agreement or any Mortgage Loan documents, (ii) answering any Rating Agency Inquiry would or is reasonably expected to result in a
waiver of an attorney-client privilege with, or the disclosure of attorney work product, or (iii) (A) answering any Rating
Agency Inquiry would materially increase the duties of, or result in significant additional cost or expense to, the Certificate Administrator,
such Master Servicer or such Special Servicer, as applicable, and (B) the Certificate Administrator, such Master Servicer or such
Special Servicer, as applicable, determines in accordance with the Servicing Standard (or in good faith, in the case of the Certificate
Administrator) that the performance of such duties or the payment of such costs and expenses is beyond the scope of its duties in its
capacity as Certificate Administrator, Master Servicer or Special Servicer, as applicable, under this Agreement, it shall not be required
to answer such Rating Agency Inquiry and shall promptly notify the 17g-5 Information Provider by email of such determination. The
17g-5 Information Provider shall promptly thereafter post the Rating Agency Inquiry with the reason it was not answered to the Rating
Agency Q&A Forum and Document Request Tool. The 17g-5 Information Provider shall not be liable for the failure by any other such
Person to so answer. Questions posted on the Rating Agency Q&A Forum and Document Request Tool shall not be attributed to the submitting
NRSRO. Answers posted on the Rating Agency Q&A Forum and Document Request Tool will be attributable only to the respondent, and shall
not be deemed to be answers from any other person. None of the Underwriters, the Depositor, or any of their respective Affiliates will
certify to any of the information posted in the Rating Agency Q&A Forum and Document Request Tool and no such party shall have any
responsibility or liability for the content of any such information. The 17g-5 Information Provider shall not be required to post
to the 17g-5 Information Provider’s Website any Rating Agency Inquiry or answer thereto that the 17g-5 Information Provider
determines, in its sole discretion, is administrative or

    	 	-365-	 

     

    

ministerial in nature. The Rating Agency Q&A
Forum and Document Request Tool will not reflect questions, answers and other communications that are not submitted via the 17g-5
Information Provider’s Website.

Section 4.08       
Secure Data Room. (a) The Certificate Administrator shall create
a Secure Data Room and the Depositor shall, upon the receipt of each Mortgage Loan Seller’s Diligence File Certification and within
120 days following the Closing Date, deliver to the Certificate Administrator an electronic copy of the Diligence Files for the Mortgage
Loans that have been uploaded by the Mortgage Loan Sellers to the Designated Site. Upon receipt thereof, the Certificate Administrator
shall promptly upload the contents of each Diligence File actually received by it to the Secure Data Room. Access to the Secure Data Room
shall be granted by the Certificate Administrator to (i) the Asset Representations Reviewer and (ii) any other Person at the
direction of the Depositor, in each case, upon the occurrence of an Affirmative Asset Review Vote and receipt by the Certificate Administrator
of a certification substantially in the form of Exhibit QQ hereto (which shall be sent via email to trustadministrationgroup@wellsfargo.com
or submitted electronically via the Certificate Administrator’s website). In no case whatsoever shall Certificateholders be permitted
to access the Secure Data Room. For the avoidance of doubt, the Certificate Administrator shall be under no obligation to post any documents
or information to the Secure Data Room other than the contents of the Diligence Files initially delivered to it by the Depositor.

(b)              
The Certificate Administrator shall not have any obligation or duty to verify, review, confirm or otherwise determine whether the
type, number or contents of any Diligence File delivered to the Certificate Administrator is accurate, complete, or relates to the transaction
or confirm that all documents and information constituting any Diligence File have actually been delivered to the Certificate Administrator.
In no case shall the Certificate Administrator be deemed to have obtained actual or constructive knowledge of the contents of, or information
contained in, any Diligence File by virtue of posting such Diligence File to the Secure Data Room. In the event that any document or information
is posted in error, the Certificate Administrator may remove such document or information from the Secure Data Room. The Certificate Administrator
shall not have any obligation to produce physical or electronic copies of any document or information provided to it for posting to the
Secure Data Room. The Certificate Administrator shall not be responsible or held liable for any other Person’s use or dissemination
of the documents or information contained on the Secure Data Room; provided that such event or occurrence is not also a result
of its own negligence, bad faith or willful misconduct. The Certificate Administrator shall not be required to restrict access to the
Secure Data Room on a loan-by-loan basis and any Person with access to the Secure Data Room shall covenant to access only the information
necessary to perform its duties and responsibilities under this Agreement.

(c)              
Upon the resignation or removal of the Certificate Administrator pursuant to Section 8.07, the Certificate Administrator
shall transfer electronic copies of the Diligence Files to a successor certificate administrator designated in writing by the Depositor
or the applicable Master Servicer, and all costs and expenses associated with the transfer of the Diligence Files shall be payable as
part of the costs and expenses associated with the transfer of its responsibilities upon the resignation or removal of the Certificate
Administrator pursuant to Section 8.07. Following the date on which any Mortgage Loan is paid in full, liquidated, repurchased
or otherwise removed from the Trust, the applicable Special Servicer may direct the Certificate Administrator in writing

    	 	-366-	 

     

    

to delete the Diligence File related to such
Mortgage Loan from the Secure Data Room; provided that absent such direction, the Certificate Administrator shall not be obligated
to delete any Diligence File from the Secure Data Room. Following the termination of the Trust pursuant to Section 9.01, the
Certificate Administrator shall be permitted to delete all files from the Secure Data Room. Upon deletion, in no event shall the Certificate
Administrator be obligated to reproduce or retrieve such deleted files.

[End of Article IV]

Article V

THE CERTIFICATES

Section 5.01       
The Certificates. (a) The Certificates will be substantially in
the respective forms annexed hereto as Exhibit A-1 through and including Exhibit A-4, with such appropriate
insertions, omissions, substitutions and other variations as are required or permitted by this Agreement or as may, in the reasonable
judgment of the Certificate Registrar, be necessary, appropriate or convenient to comply, or facilitate compliance, with applicable laws,
and may have such letters, numbers or other marks of identification and such legends or endorsements placed thereon as may be required
by law, or as may, consistently herewith, be determined by the officers executing such Certificates, as evidenced by their execution thereof.
The Class X Certificates will be issuable only in minimum Denominations of authorized initial Notional Amount of not less than $1,000,000
and in integral multiples of $1.00 in excess thereof. The Registered Certificates will be issuable only in minimum Denominations of authorized
initial Certificate Balance of not less than $10,000, and in integral multiples of $1.00 in excess thereof. The Non-Registered Certificates
(other than any Class X Certificates and other than the Class V and Class R Certificates and the RR Interest) will be issuable in
minimum Denominations of authorized initial Certificate Balance of not less than $100,000, and in integral multiples of $1.00 in excess
thereof. The RR Interest will be issuable in minimum Denominations of authorized initial Certificate Balance of not less than $1.00, and
in integral multiples of $0.01 in excess thereof. If the Original Certificate Balance or initial Notional Amount, as applicable, of any
Class (other than the RR Interest) does not equal an integral multiple of $1.00, then a single additional Certificate of such Class may
be issued in a minimum denomination of authorized initial Certificate Balance or initial Notional Amount, as applicable, that includes
the excess of (i) the Original Certificate Balance or initial Notional Amount, as applicable, of such Class over (ii) the largest
integral multiple of $1.00 that does not exceed such amount. The Class R and Class V Certificates shall be issued, maintained and
transferred in minimum percentage interests of 10% of such Class R or Class V Certificates and in integral multiples of 1% in excess
thereof.

(b)              
One authorized signatory shall sign the Certificates for the Certificate Registrar by manual or facsimile signature. If an authorized
signatory whose signature is on a Certificate no longer holds that office at the time the Certificate Registrar countersigns the Certificate,
the Certificate shall be valid nevertheless. A Certificate shall not be valid until an authorized signatory of the Certificate Registrar
(who may be the same officer who executed the Certificate) manually countersigns the Certificate. The signature shall be conclusive evidence
that the Certificate has been executed and countersigned under this Agreement.

    	 	-367-	 

     

    

Section 5.02       
Form and Registration. No transfer of any Non-Registered Certificate shall be made unless that transfer is made pursuant
to an effective registration statement under the Securities Act, and effective registration or qualification under applicable state securities
laws, or is made in a transaction which does not require such registration or qualification. If a transfer (other than one by the Depositor
to an Affiliate thereof or by the Initial Purchasers to RREF IV Debt AIV, LP or affiliates thereof) is to be made in reliance upon an
exemption from the Securities Act, and under the applicable state securities laws, then either:

(a)              
Each Class of the Non-Registered Certificates sold to institutions that are non-United States Securities Persons in Offshore
Transactions in reliance on Regulation S under the Act shall initially be represented by a temporary book-entry certificate in
definitive, fully registered form without interest coupons, substantially in the applicable form set forth as an exhibit hereto (each
a “Temporary Regulation S Book-Entry Certificate”), which shall be deposited on the Closing Date on behalf
of the purchasers of the Non-Registered Certificates represented thereby with the Certificate Registrar, at its principal trust office,
as custodian, for the Depository, and registered in the name of the Depository or the nominee of the Depository for the account of designated
agents holding on behalf of Euroclear and/or Clearstream. Prior to the expiration of the 40-day period commencing on the later of
the commencement of the offering and the Closing Date (the “Restricted Period”), beneficial interests in each Temporary
Regulation S Book-Entry Certificate may be held only through Euroclear or Clearstream. After the expiration of the Restricted
Period, a beneficial interest in a Temporary Regulation S Book-Entry Certificate may be exchanged for an interest in the related
Regulation S Book-Entry Certificate in the applicable form set forth as an exhibit hereto in accordance with the procedures set
forth in Section 5.03(f). During the Restricted Period, distributions due in respect of a beneficial interest in a Temporary
Regulation S Book-Entry Certificate shall only be made upon delivery to the Certificate Registrar by Euroclear or Clearstream,
as applicable, of a Non-U.S. Beneficial Ownership Certification. After the expiration of the Restricted Period, distributions due
in respect of any beneficial interests in a Temporary Regulation S Book-Entry Certificate shall not be made to the holders of
such beneficial interests unless exchange for a beneficial interest in the Regulation S Book-Entry Certificate of the same Class
is improperly withheld or refused. The aggregate Certificate Balance of a Temporary Regulation S Book-Entry Certificate or a
Regulation S Book-Entry Certificate may from time to time be increased or decreased by adjustments made on the records of the
Certificate Registrar, as custodian for the Depository, as hereinafter provided.

On the Closing Date, the
Certificate Administrator shall execute, the Authenticating Agent shall authenticate, and the Certificate Administrator shall deliver
to the Certificate Registrar the Regulation S Book-Entry Certificates, which shall be held by the Certificate Registrar for purposes
of effecting the exchanges contemplated by the preceding paragraph. Computershare Trust Company, National Association is hereby initially
appointed the Authenticating Agent with the power to act, on the Trustee’s behalf, in the authentication and delivery of the Certificates
in connection with transfers and exchanges as herein provided. If Computershare Trust Company, National Association is removed as Certificate
Administrator, then Computershare Trust Company, National Association shall be terminated as Authenticating Agent. If the Authenticating
Agent is terminated, the Trustee shall appoint a successor authenticating agent, which may be the Trustee or an Affiliate thereof.

    	 	-368-	 

     

    

(b)              
 Certificates of each Class of Non-Registered Certificates (other than any RR Interest during the RR Interest Transfer Restriction
Period) offered and sold to Qualified Institutional Buyers in reliance on Rule 144A under the Act (“Rule 144A”)
shall be represented by Rule 144A Book-Entry Certificates, which shall be deposited with the Certificate Registrar or an agent
of the Certificate Registrar, as custodian for the Depository, and registered in the name of the Depository or a nominee of the Depository.
The aggregate Certificate Balance of a Rule 144A Book-Entry Certificate may from time to time be increased or decreased by adjustments
made on the records of the Certificate Registrar, as custodian for the Depository, as hereinafter provided.

(c)              
Certificates of each Class of Non-Registered Certificates that are initially offered and sold to investors that are Institutional
Accredited Investors that are not Qualified Institutional Buyers (the “Non-Book Entry Certificates”) shall be in
the form of Definitive Certificates, substantially in the applicable form set forth as an exhibit hereto, and shall be registered in the
name of such investors or their nominees by the Certificate Registrar who shall deliver the certificates for such Non-Book Entry Certificates
to the respective beneficial owners or owners. For the avoidance of doubt, the Class R and Class V Certificates shall only be in
the form of Definitive Certificates, and the RR Interest shall be issued in the form of Definitive Certificates at all times during the
RR Interest Transfer Restriction Period.

(d)              
Owners of beneficial interests in Book-Entry Certificates of any Class shall not be entitled to receive physical delivery of
certificated Certificates unless: (i) the Depository advises the Certificate Registrar in writing that the Depository is no longer
willing or able to discharge properly its responsibilities as depository with respect to the Book-Entry Certificates of such Class
or ceases to be a Clearing Agency, and the Certificate Registrar and the Depository are unable to locate a qualified successor within
ninety (90) days of such notice or (ii) the Trustee has instituted or has been directed to institute any judicial proceeding to enforce
the rights of the Holders of such Class and the Trustee has been advised by counsel that in connection with such proceeding it is necessary
or appropriate for the Certificate Registrar to obtain possession of the Certificates of such Class; provided, however,
that under no circumstances will certificated Non-Registered Certificates be issued to beneficial owners of a Temporary Regulation S
Book-Entry Certificate. Upon notice of the occurrence of any of the events described in clause (i) or (ii) above
with respect to any Certificates of a Class that are in the form of Book-Entry Certificates and upon surrender by the Depository of
any Book-Entry Certificate of such Class and receipt from the Depository of instructions for re-registration, the Certificate
Registrar shall issue Certificates of such Class in the form of Definitive Certificates (bearing, in the case of a Definitive Certificate
issued for a Rule 144A Book-Entry Certificate, the same legends regarding transfer restrictions borne by such Book-Entry
Certificate), and thereafter the Certificate Registrar shall recognize the Holders of such Definitive Certificates as Certificateholders
under this Agreement. Unless and until Definitive Certificates are issued in respect of a Class of Book-Entry Certificates, beneficial
ownership interests in such Class of Certificates will be maintained and transferred on the book entry records of the Depository and Depository
Participants, and all references to actions by Holders of such Class of Certificates will refer to action taken by the Depository upon
instructions received from the related registered Holders of Certificates through the Depository Participants in accordance with the Depository’s
procedures and, except as otherwise set forth herein, all references herein to payments, notices, reports and statements to Holders of
such Class of Certificates will refer to payments, notices, reports and statements to the Depository or its

    	 	-369-	 

     

    

nominee as the registered Holder thereof, for
distribution to the related registered Holders of Certificates through the Depository Participants in accordance with the Depository’s
procedures.

(e)              
Subject to the following provisions, during the RR Interest Transfer Restriction Period, any RR Interest shall only be held as
a Definitive Certificate in the Retained Interest Safekeeping Account by the Certificate Administrator (and each Retaining Party’s
respective interest shall be tracked in the form of an entry in the Certificate Administrator’s trust accounting system under the
Retained Interest Safekeeping Account), for the benefit of the Holder of the related Certificate.

The Certificate Administrator
shall hold the RR Interest in safekeeping and shall release the Definitive Certificate representing a portion of the requesting Retaining
Party’s RR Interest only upon receipt of written instructions from the applicable Holder of the RR Interest and the Retaining Sponsor’s
written consent, or in connection with a transfer, in accordance with Section 5.03(i), and in accordance with any authentication
procedures as may be utilized by the Certificate Administrator and in accordance with this Agreement. There shall be, and hereby is, established
by the Certificate Administrator an account which will be designated the “Retained Interest Safekeeping Account” and into
which the RR Interest shall be held and which shall be governed by and subject to this Agreement. In addition, on and after the date hereof,
the Certificate Administrator may establish any number of subaccounts to the Retained Interest Safekeeping Account for each Retaining
Party. The RR Interest to be delivered in physical form to the Certificate Administrator shall be delivered as set forth herein. No amounts
distributable to the RR Interest shall be remitted to the Retained Interest Safekeeping Account, but shall be remitted directly to each
Retaining Party in accordance with written instructions provided separately by each Retaining Party to the Certificate Administrator.
Under no circumstances by virtue of safekeeping the RR Interest shall the Certificate Administrator be obligated to bring legal action
or institute proceedings against any person on behalf of the Retaining Parties. During the RR Interest Transfer Restriction Period and
for such longer time as the Retaining Parties may request, the Certificate Administrator shall hold the Definitive Certificate representing
the RR Interest at the below location, or any other location; provided the Certificate Administrator has given notice to each of
the Retaining Parties of such new location:

Computershare Trust Company,
N.A.

Attn: Security Control and Transfer
(SCAT) – MAC N9345-010

425 E Hennepin Avenue

Minneapolis, MN 55414

The Certificate Administrator
shall make available to each Retaining Party its respective account information as mutually agreed upon by the Certificate Administrator
and each respective Retaining Party, and in accordance with the Certificate Administrator’s policies and procedures. Any transfer
of an RR Interest shall be subject to Section 5.03(g) and Section 5.03(i). The Certificate Administrator is directed by
the Depositor to enter into a safekeeping account agreement to facilitate the initial settlement and sale of the RR Interest on the Closing
Date.

On the Closing Date and upon
any transfer of the RR Interest pursuant to Section 5.03(i), the Certificate Administrator shall deliver written confirmation to
the Depositor, the

    	 	-370-	 

     

    

Retaining Sponsor and the initial Holder of
the RR Interest substantially in the form of Exhibit UU to this Agreement evidencing its receipt of the RR Interest.

Section 5.03       
Registration of Transfer and Exchange of Certificates. (a) The
Certificate Administrator shall keep or cause to be kept at the Corporate Trust Office books (the “Certificate Register”)
in which, subject to such reasonable regulations as it may prescribe, the Certificate Administrator shall provide for the registration
of Certificates and of transfers and exchanges of Certificates as herein provided (the Certificate Administrator, in such capacity, being
the “Certificate Registrar”). In such capacities, the Certificate Administrator shall be responsible for, among other
things, (i) maintaining the Certificate Register and a record of the aggregate holdings of Certificates of each Class of Non-Registered
Certificates represented by a Temporary Regulation S Book-Entry Certificate, a Regulation S Book-Entry Certificate
and a Rule 144A Book-Entry Certificate and accepting Certificates for exchange and registration of transfer, (ii) holding
the RR Interest as Definitive Certificates on behalf of each Holder of such Class and (iii) transmitting to the Depositor, each
applicable Master Servicer and each applicable Special Servicer any notices from the Certificateholders. No fee or service charge shall
be imposed by the Certificate Registrar for its services in respect of any registration of Transfer or exchange of any Certificate (other
than Definitive Certificates) referred to in this Section 5.03.

(b)              
Subject to the restrictions on transfer set forth in this Article V, upon surrender for registration of transfer of
any Certificate, the Certificate Registrar shall execute, authenticate and deliver, in the name of the designated transferee or transferees,
one or more new Certificates in authorized denominations, in like aggregate interest and of the same Class.

(c)              
Rule 144A Book-Entry Certificate to Temporary Regulation S Book-Entry Certificate. If a holder of a beneficial
interest in the Rule 144A Book-Entry Certificate deposited with the Certificate Registrar as custodian for the Depository wishes
at any time during the Restricted Period to exchange its interest in such Rule 144A Book-Entry Certificate for an interest in
the Temporary Regulation S Book-Entry Certificate of the same Class, or to transfer its interest in such Rule 144A Book-Entry
Certificate to a Person who is required to take delivery thereof in the form of an interest in the Temporary Regulation S Book-Entry
Certificate of the same Class, such holder may, subject to the rules and procedures of the Depository, exchange or cause the exchange
of such interest for an equivalent beneficial interest in such Temporary Regulation S Book-Entry Certificate. Upon receipt by
the Certificate Registrar, as registrar, at its office designated in Section 5.07, of (1) instructions given in accordance
with the Depository’s procedures from a Depository Participant directing the Certificate Registrar to credit, or cause to be credited,
a beneficial interest in the Temporary Regulation S Book-Entry Certificate in an amount equal to the beneficial interest in the
Rule 144A Book-Entry Certificate to be exchanged, (2) a written order given in accordance with the Depository’s procedures
containing information regarding the Euroclear or Clearstream account to be credited with such increase and the name of such account and
(3) a certificate in the form of Exhibit I hereto given by the holder of such beneficial interest stating that the transfer
of such interest has been made in compliance with the transfer restrictions applicable to the Book-Entry Certificates and pursuant
to and in accordance with Regulation S, then the Certificate Registrar shall instruct the Depository to reduce, or cause to be reduced,
the Certificate Balance of the Rule 144A Book-Entry Certificate and to increase, or cause to be increased, the Certificate Balance
of the Temporary Regulation S Book-Entry Certificate by the aggregate Certificate Balance of the beneficial interest in the Rule 144A

    	 	-371-	 

     

    

Book-Entry Certificate to be exchanged,
to credit or cause to be credited to the account of the Person specified in such instructions (who shall be the agent member of Euroclear
or Clearstream, or both) a beneficial interest in the Temporary Regulation S Book-Entry Certificate equal to the reduction in
the Certificate Balance of the Rule 144A Book-Entry Certificate, and to debit, or cause to be debited, from the account of the
Person making such exchange or transfer the beneficial interest in the Rule 144A Book-Entry Certificate that is being exchanged
or transferred.

(d)              
Rule 144A Book-Entry Certificate to Regulation S Book-Entry Certificate. If a holder of a beneficial interest
in the Rule 144A Book-Entry Certificate deposited with the Certificate Registrar as custodian for the Depository wishes at any
time following the Restricted Period to exchange its interest in such Rule 144A Book-Entry Certificate for an interest in the
Regulation S Book-Entry Certificate of the same Class, or to transfer its interest in such Rule 144A Book-Entry Certificate
to a Person who is required to take delivery thereof in the form of an interest in a Regulation S Book-Entry Certificate, such
holder may, subject to the rules and procedures of the Depository, exchange, or cause the exchange of, such interest for an equivalent
beneficial interest in such Regulation S Book-Entry Certificate. Upon receipt by the Certificate Registrar, as registrar, at
its office designated in Section 5.07, of (1) instructions given in accordance with the Depository’s procedures
from a Depository Participant directing the Certificate Registrar to credit or cause to be credited a beneficial interest in the Regulation S
Book-Entry Certificate in an amount equal to the beneficial interest in the Rule 144A Book-Entry Certificate to be exchanged,
(2) a written order given in accordance with the Depository’s procedures containing information regarding the participant account
of the Depository to be credited with such increase and (3) a certificate in the form of Exhibit J hereto given by the
holder of such beneficial interest stating (A) that the transfer of such interest has been made in compliance with the transfer restrictions
applicable to the Book-Entry Certificates and pursuant to and in accordance with Regulation S, or (B) that the transferee
is otherwise entitled to hold its interest in the applicable Certificates in the form of an interest in the Regulation S Book-Entry
Certificate, without any registration of such Certificates under the Act (in which case such certificate shall enclose an Opinion of Counsel
to such effect and such other documents as the Certificate Registrar may reasonably require), then the Certificate Registrar shall instruct
the Depository to reduce, or cause to be reduced, the Certificate Balance of the Rule 144A Book-Entry Certificate and to increase,
or cause to be increased, the Certificate Balance of the Regulation S Book-Entry Certificate by the aggregate Certificate Balance
of the beneficial interest in the Rule 144A Book-Entry Certificate to be exchanged, to credit or cause to be credited to the
account of the Person specified in such instructions a beneficial interest in the Regulation S Book-Entry Certificate equal to
the reduction in the Certificate Balance of the Rule 144A Book-Entry Certificate, and to debit, or cause to be debited, from
the account of the Person making such exchange or transfer the beneficial interest in the Rule 144A Book-Entry Certificate that
is being exchanged or transferred.

(e)               
Temporary Regulation S Book-Entry Certificate or Regulation S Book-Entry Certificate to Rule 144A Book-Entry
Certificate. If a holder of a beneficial interest in a Temporary Regulation S Book-Entry Certificate or Regulation S
Book-Entry Certificate deposited with the Certificate Registrar as custodian for the Depository wishes at any time to exchange its
interest in such Temporary Regulation S Book-Entry Certificate or Regulation S Book-Entry Certificate for an interest
in the Rule 144A Book-Entry Certificate of the same Class, or to transfer its interest in such Temporary Regulation S Book-Entry
Certificate or Regulation S

    	 	-372-	 

     

    

Book-Entry Certificate to a Person who
is required to take delivery thereof in the form of an interest in the Rule 144A Book-Entry Certificate, such holder may, subject
to the rules and procedures of Euroclear or Clearstream, as the case may be, and the Depository, exchange or cause the exchange of such
interest for an equivalent beneficial interest in the Rule 144A Book-Entry Certificate of the same Class. Upon receipt by the
Certificate Registrar, as registrar, at its office designated in Section 5.07, of (1) instructions from Euroclear or
Clearstream, if applicable, and the Depository, directing the Certificate Registrar, as registrar, to credit or cause to be credited a
beneficial interest in the Rule 144A Book-Entry Certificate equal to the beneficial interest in the Temporary Regulation S
Book-Entry Certificate or Regulation S Book-Entry Certificate to be exchanged, such instructions to contain information regarding
the participant account with the Depository to be credited with such increase, (2) with respect to a transfer of an interest in the
Regulation S Book-Entry Certificate, information regarding the participant account of the Depository to be debited with such
decrease and (3) with respect to a transfer of an interest in the Temporary Regulation S Book-Entry Certificate for an interest
in the Rule 144A Book-Entry Certificate (i) during the Restricted Period, a certificate in the form of Exhibit K
hereto given by the holder of such beneficial interest and stating that the Person transferring such interest in the Temporary Regulation S
Book-Entry Certificate reasonably believes that the Person acquiring such interest in the Rule 144A Book-Entry Certificate
is a Qualified Institutional Buyer or (ii) after the Restricted Period, an Investment Representation Letter in the form of Exhibit C
attached hereto from the transferee to the effect that such transferee is a Qualified Institutional Buyer (an “Investment Representation
Letter”) and is obtaining such beneficial interest in a transaction meeting the requirements of Rule 144A, then the Certificate
Registrar shall instruct the Depository to reduce, or cause to be reduced, the Certificate Balance of the Temporary Regulation S
Book-Entry Certificate or Regulation S Book-Entry Certificate and to increase, or cause to be increased, the Certificate
Balance of the Rule 144A Book-Entry Certificate by the aggregate Certificate Balance of the beneficial interest in the Temporary
Regulation S Book-Entry Certificate or Regulation S Book-Entry Certificate to be exchanged, and the Certificate Registrar
shall instruct the Depository, concurrently with such reduction, to credit, or cause to be credited, to the account of the Person specified
in such instructions, a beneficial interest in the Rule 144A Book-Entry Certificate equal to the reduction in the Certificate
Balance of the Temporary Regulation S Book-Entry Certificate or Regulation S Book-Entry Certificate and to debit, or
cause to be debited, from the account of the Person making such transfer the beneficial interest in the Temporary Regulation S Book-Entry
Certificate or Regulation S Book-Entry Certificate that is being transferred.

(f)               
Temporary Regulation S Book-Entry Certificate to Regulation S Book-Entry Certificate. Interests in a Temporary
Regulation S Book-Entry Certificate as to which the Certificate Registrar has received from Euroclear or Clearstream, as the
case may be, a certificate (a “Non-U.S. Beneficial Ownership Certification”) to the effect that Euroclear or Clearstream,
as applicable, has received a certificate substantially in the form of Exhibit L hereto from the holder of a beneficial interest
in such Temporary Regulation S Book-Entry Certificate, shall be exchanged after the Restricted Period, for interests in the Regulation S
Book-Entry Certificate of the same Class. The Certificate Registrar shall effect such exchange by delivering to the Depository for
credit to the respective accounts of such holders, a duly executed and authenticated Regulation S Book-Entry Certificate, representing
the aggregate Certificate Balance of interests in the Temporary Regulation S Book-Entry Certificate initially exchanged for interests
in the Regulation S Book-Entry Certificate. The delivery to the Certificate Registrar by Euroclear

    	 	-373-	 

     

    

or Clearstream of the certificate or certificates
referred to above may be relied upon by the Depositor and the Certificate Registrar as conclusive evidence that the certificate or certificates
referred to therein has or have been delivered to Euroclear or Clearstream pursuant to the terms of this Agreement and the Temporary Regulation S
Book-Entry Certificate. Upon any exchange of interests in the Temporary Regulation S Book-Entry Certificate for interests
in the Regulation S Book-Entry Certificate, the Certificate Registrar shall endorse the Temporary Regulation S Book-Entry
Certificate to reflect the reduction in the Certificate Balance represented thereby by the amount so exchanged and shall endorse the Regulation S
Book-Entry Certificate to reflect the corresponding increase in the amount represented thereby. Until so exchanged in full and except
as provided therein, the Temporary Regulation S Book-Entry Certificate, and the Certificates evidenced thereby, shall in all
respects be entitled to the same benefits under this Agreement as the Regulation S Book-Entry Certificate and Rule 144A
Book-Entry Certificate authenticated and delivered hereunder.

(g)              
Non-Book Entry Certificate to Book-Entry Certificate. If a holder of a Non-Book Entry Certificate (other than
(a) a Class R Certificate or (b) an RR Interest during the RR Interest Transfer Restriction Period) wishes at any time to exchange
its interest in such Non-Book Entry Certificate for an interest in a Book-Entry Certificate of the same Class, or to transfer
all or part of such Non-Book Entry Certificate to a Person who is entitled to take delivery thereof in the form of an interest in
a Book-Entry Certificate, such holder may, subject to the rules and procedures of Euroclear or Clearstream, if applicable, and the
Depository, cause the exchange of all or part of such Non-Book Entry Certificate for an equivalent beneficial interest in the appropriate
Book-Entry Certificate of the same Class. Upon receipt by the Certificate Registrar, as registrar, at its office designated in Section 5.07,
of (1) such Non-Book Entry Certificate, duly endorsed as provided herein, (2) instructions from such holder directing the
Certificate Registrar, as registrar, to credit, or cause to be credited, a beneficial interest in the applicable Book-Entry Certificate
equal to the portion of the Certificate Balance of the Non-Book Entry Certificate to be exchanged, such instructions to contain information
regarding the participant account with the Depository to be credited with such increase and (3) a certificate in the form of Exhibit M
hereto (in the event that the applicable Book-Entry Certificate is the Temporary Regulation S Book-Entry Certificate), in
the form of Exhibit N hereto (in the event that the applicable Book-Entry Certificate is the Regulation S Book-Entry
Certificate) or in the form of Exhibit O hereto (in the event that the applicable Book-Entry Certificate is the Rule 144A
Book-Entry Certificate), then the Certificate Registrar, as registrar, shall cancel, or cause to be canceled, all or part of such
Non-Book Entry Certificate, shall, if applicable, execute, authenticate and deliver to the transferor a new Non-Book Entry Certificate
equal to the aggregate Certificate Balance of the portion retained by such transferor and shall instruct the Depository to increase, or
cause to be increased, such Book-Entry Certificate by the aggregate Certificate Balance of the portion of the Non-Book Entry Certificate
to be exchanged and to credit, or cause to be credited, to the account of the Person specified in such instructions a beneficial interest
in the applicable Book-Entry Certificate equal to the Certificate Balance of the portion of the Non-Book Entry Certificate so
canceled. Upon the written direction of the Depositor (which may be by email to cts.cmbs.bond.admin@wellsfargo.com) or its Affiliate,
the Certificate Registrar shall execute any instrument as may be reasonably required by the Depository to effect such exchange.

(h)            
Non-Book Entry Certificates on Initial Issuance Only. Subject to the issuance of Definitive Certificates, if and when
permitted by Section 5.02(d), and subject to the

    	 	-374-	 

     

    

issuance and transfer of the RR Interest during
the RR Interest Transfer Restriction Period in accordance with Section 5.03(i), no Non-Book Entry Certificate shall be
issued to a transferee of an interest in any Rule 144A Book-Entry Certificate, Temporary Regulation S Book-Entry Certificate
or Regulation S Book-Entry Certificate or to a transferee of a Non-Book Entry Certificate (or any portion thereof).

(i)                
Transfers of RR Interest.  At all times, if a Transfer of any RR Interest after the Closing Date is to be made, then
the following documents shall be delivered to the Certificate Administrator, who will facilitate the transfer in conjunction with the
Certificate Registrar who shall refuse to register such transfer unless it receives (and, upon receipt, may conclusively rely upon) (A) if
such RR Interest is in the possession of the Certificate Administrator, a letter notifying the Certificate Administrator in writing of
the Holder of an RR Interest’s intention to transfer such RR Interest from the Retained Interest Safekeeping Account and identifying
the transferee, (B) a certification from such Certificateholder’s prospective Transferee substantially in the form attached
hereto as Exhibit D-3, which such certification must be countersigned by the Retaining Sponsor with a medallion stamp guarantee
of the Retaining Sponsor, (C) a certification from the Certificateholder desiring to effect such transfer substantially in the form
attached hereto as Exhibit D-4, which such certification must be countersigned by the Retaining Sponsor with a medallion stamp
guarantee of the Retaining Sponsor, (D) a completed W-9 by the prospective transferee and (E) contact information and wiring
instructions for the prospective transferee. So long as the RR Interest is held by the Certificate Administrator in the Retained Interest
Safekeeping Account, upon the completion of any such Transfer during the RR Interest Transfer Restriction Period, the Certificate Administrator
shall issue a receipt to such transferor and transferee. Upon receipt of the foregoing certifications, the Certificate Registrar shall,
subject to Section 5.02(e) and Section 5.03(a), reflect such RR Interest in the name of the prospective Transferee.
For the avoidance of doubt, in no event shall an RR Interest be held as a Book-Entry Certificate during the RR Interest Transfer Restriction
Period. Any attempted or purported transfer in violation of this Section 5.03(i) shall be null and void ab initio and shall vest
no rights in any purported transferee and shall not relieve the transferor of any obligations with respect to the applicable Certificates.

(j)                
Other Exchanges. In the event that a Book-Entry Certificate is exchanged for a Definitive Certificate, such Certificates
may be exchanged only in accordance with such procedures as are substantially consistent with the provisions of subsections (c)
through (f) above (including the certification requirements intended to ensure that such transfers comply with Rule 144A or
Regulation S under the Act, at the case may be) and such other procedures as may from time to time be adopted by the Certificate
Registrar.

(k)              
Restricted Period. Prior to the termination of the Restricted Period with respect to the issuance of the Certificates, transfers
of interests in the Temporary Regulation S Book-Entry Certificate to U.S. persons (as defined in Regulation S) shall be
limited to transfers made pursuant to the provisions of subsection (e) above.

(l)                
If Non-Registered Certificates are issued upon the transfer, exchange or replacement of Certificates bearing a restrictive
legend relating to compliance with the Act, or if a request is made to remove such legend on Certificates, the Non-Registered Certificates
so issued shall bear the restrictive legend, or such legend shall not be removed, as the case may be, unless there is delivered to the
Certificate Registrar such satisfactory evidence, which may include an

    	 	-375-	 

     

    

Opinion of Counsel that neither such legend
nor the restrictions on transfer set forth therein are required to ensure that transfers thereof comply with the provisions of Rule 144A
or Regulation S under the Act. Upon provision of such satisfactory evidence, the Certificate Registrar shall authenticate and deliver
Certificates that do not bear such legend.

(m)            
All Certificates surrendered for registration of transfer and exchange shall be canceled and subsequently destroyed by the Certificate
Registrar in accordance with the Certificate Registrar’s customary procedures.

(n)              
With respect to the ERISA Restricted Certificates, no sale, transfer, pledge or other disposition (other than any initial transfer
to the Initial Purchasers or with respect to the RR Interest, the applicable Retaining Parties) of any such Certificate shall be made
unless the Trustee and Certificate Administrator shall have received either (i) a representation letter from the proposed purchaser
or transferee of such Certificate substantially in the form of Exhibit F-1 attached hereto, to the effect that such proposed
purchaser or transferee is not and will not be (A) an employee benefit plan subject to the fiduciary responsibility provisions of
ERISA or a plan subject to Section 4975 of the Code, or a governmental plan (as defined in Section 3(32) of ERISA), a church
plan (as defined in Section 3(33) of ERISA) for which no election has been made under Section 410(d) of the Code or any other
plan subject to any federal, state or local law (“Similar Law”) which is, to a material extent, similar to the foregoing
provisions of ERISA or the Code (each, a “Plan”) or (B) a person acting on behalf of (including an entity whose
underlying assets include Plan assets within the meaning of Department of Labor Regulation § 2510.3-101, as modified by
Section 3(42) of ERISA) or using the assets of any such Plan, other than an insurance company using the assets of its general account
under circumstances whereby the purchase and holding of such Certificates by such insurance company would be exempt from the prohibited
transaction provisions of ERISA and the Code under Sections I and III of Prohibited Transaction Class Exemption 95-60
(or, in the case of a Plan subject to Similar Law, would not constitute or result in a non-exempt violation of Similar Law) or (ii) if
such Certificate is presented for registration in the name of a purchaser or transferee that is any of the foregoing, an Opinion of Counsel
in form and substance satisfactory to the Trustee, the Certificate Administrator and the Depositor to the effect that the acquisition
and holding of such Certificate by such purchaser or transferee will not constitute or result in a non-exempt “prohibited transaction”
within the meaning of ERISA, Section 4975 of the Code or a non-exempt violation of any Similar Law, and will not subject the Trustee,
the Certificate Administrator, the Certificate Registrar, any Master Servicer, any Special Servicer, any Sub-Servicer, the Initial Purchasers,
the Underwriters, the Operating Advisor, the Asset Representations Reviewer or the Depositor to any obligation or liability (including
obligations or liabilities under ERISA, Section 4975 of the Code or any such Similar Law) in addition to those set forth in the Agreement.
The Trustee and Certificate Administrator shall not register the sale, transfer, pledge or other disposition of any ERISA Restricted Certificate
unless the Trustee and Certificate Administrator have received either the representation letter described in clause (i) above
or the Opinion of Counsel described in clause (ii) above. The costs of any of the foregoing representation letters or Opinions
of Counsel shall not be borne by any of the Depositor, any Master Servicer, any Special Servicer, any Sub-Servicer, the Trustee, the Certificate
Administrator, the Initial Purchasers, the Underwriters, the Operating Advisor, the Certificate Registrar, the Asset Representations Reviewer
or the Trust. Each Certificate Owner of an ERISA Restricted Certificate shall be deemed to represent that it is not and will not become
a Person specified in clauses (i)(A) or (i)(B) above. Any transfer, sale, pledge or other disposition

    	 	-376-	 

     

    

of any ERISA Restricted Certificates that would
constitute or result in a prohibited transaction under ERISA, Section 4975 of the Code or any Similar Law, or would otherwise violate
the provisions of this Section 5.03(n) shall be deemed absolutely null and void ab initio, to the extent permitted
under applicable law.

(o)              
No Class R or Class V Certificate may be purchased by or transferred to any prospective purchaser or transferee that is or
will be a Plan, or any person acting on behalf of a Plan (including an entity whose underlying assets include Plan assets within the meaning
of Department of Labor Regulation § 2510.3-101, as modified by Section 3(42) of ERISA) or using the assets of a Plan to purchase
such Class R or Class V Certificate. Each prospective transferee of a Class R or Class V Certificate shall deliver to the transferor
and the Certificate Administrator a representation letter, substantially in the form of Exhibit F-2, stating that the
prospective transferee is not and will not become a Plan or a person acting on behalf of a Plan (including an entity whose underlying
assets include Plan assets within the meaning of Department of Labor Regulation § 2510.3-101, as modified by Section 3(42) of ERISA)
or using the assets of a Plan. Any attempted or purported transfer in violation of these transfer restrictions shall be null and void
ab initio and shall vest no rights in any purported transferee and shall not relieve the transferor of any obligations with respect
to the applicable Certificates.

Each Person who has or acquires
any Residual Ownership Interest shall be deemed by the acceptance or acquisition of such Residual Ownership Interest to have agreed to
be bound by the following provisions and the rights of each Person acquiring any Residual Ownership Interest are expressly subject to
the following provisions:

(i)                 
Each Person acquiring or holding any Residual Ownership Interest shall be a Permitted Transferee and shall not acquire or hold
such Residual Ownership Interest as agent (including a broker, nominee or other middleman) on behalf of any Person that is not a Permitted
Transferee. Any such Person shall promptly notify the Certificate Registrar of any change or impending change in its status (or the status
of the beneficial owner of such Residual Ownership Interest) as a Permitted Transferee. Any acquisition described in the first sentence
of this Section 5.03(o) by a Person who is not a Permitted Transferee or by a Person who is acting as an agent of a Person
who is not a Permitted Transferee shall be void ab initio and of no effect, and the immediately preceding owner who was a Permitted
Transferee shall be restored to registered and beneficial ownership of the Residual Ownership Interest as soon and as fully as possible.

(ii)               
No Residual Ownership Interest may be Transferred, and no such Transfer shall be registered in the Certificate Register, without
the express written consent of the Certificate Registrar, and the Certificate Registrar shall not recognize the Transfer, and such proposed
Transfer shall not be effective, without such consent with respect thereto. In connection with any proposed Transfer of any Residual Ownership
Interest, the Certificate Registrar shall, as a condition to such consent, (x) require the proposed transferee to deliver, and the
proposed transferee shall deliver to the Certificate Registrar and to the proposed transferor, an affidavit in substantially the form
attached as Exhibit D-1 (a “Transferee Affidavit”) of the proposed transferee (A) that such proposed
transferee is a Permitted Transferee and (B) stating that (1) the proposed transferee historically has paid its debts as they
have come due and intends to do so in the future, (2) the proposed

    	 	-377-	 

     

    

transferee understands that, as the holder
of a Residual Ownership Interest, it may incur tax liabilities in excess of cash flows generated by the residual interest, (3) the
proposed transferee intends to pay taxes associated with holding the Residual Ownership Interest as they become due, (4) the proposed
transferee will not cause income with respect to the Residual Ownership Interest to be attributable to a foreign permanent establishment
or fixed base, within the meaning of an applicable income tax treaty, of such proposed transferee or any other U.S. Tax Person, (5) the
proposed transferee will not transfer the Residual Ownership Interest to any Person that does not provide a Transferee Affidavit or as
to which the proposed transferee has actual knowledge that such Person is not a Permitted Transferee or is acting as an agent (including
a broker, nominee or other middleman) for a Person that is not a Permitted Transferee, and (6) the proposed transferee expressly
agrees to be bound by and to abide by the provisions of this Section 5.03(o) and (y) other than in connection with the
initial issuance of a Class R Certificate, require a statement from the proposed transferor substantially in the form attached as
Exhibit D-2 (the “Transferor Letter”), that the proposed transferor has no actual knowledge that the
proposed transferee is not a Permitted Transferee and has no actual knowledge or reason to know that the proposed transferee’s statements
in its Transferee Affidavit are false.

(iii)             
Notwithstanding the delivery of a Transferee Affidavit by a proposed transferee under clause (ii) above, if a Responsible
Officer of the Certificate Registrar has actual knowledge that the proposed transferee is not a Permitted Transferee, no Transfer to such
proposed transferee shall be effected and such proposed Transfer shall not be registered on the Certificate Register; provided,
however, that the Certificate Registrar shall not be required to conduct any independent investigation to determine whether a proposed
transferee is a Permitted Transferee. Upon notice to the Certificate Registrar that there has occurred a Transfer to any Person that is
a Disqualified Organization or an agent thereof (including a broker, nominee or middleman) in contravention of the foregoing restrictions,
and in any event not later than sixty (60) days after a request for information from the transferor of such Residual Ownership Interest
or such agent, the Certificate Registrar agrees to furnish to the Internal Revenue Service and the transferor of such Residual Ownership
Interest or such agent such information necessary to the application of Section 860E(e) of the Code as may be required by the Code,
including, but not limited to, the present value of the total anticipated excess inclusions with respect to such Class R Certificate
(or portion thereof) for periods after such Transfer. At the election of the Certificate Registrar, the Certificate Registrar may charge
a reasonable fee for computing and furnishing such information to the transferor or to such agent referred to above; provided,
however, that such Persons shall in no event be excused from furnishing such information.

(p)              
The Class R Certificates may only be transferred to and owned by Qualified Institutional Buyers.

(q)              
Notwithstanding any other provision of this Agreement, the Certificate Administrator shall comply with all federal withholding
requirements respecting payments to Certificateholders and other payees of interest or original issue discount that the Certificate Administrator
reasonably believes are applicable under the Code. The consent of Certificateholders or payees shall not be required for such withholding,
and the Certificateholders

    	 	-378-	 

     

    

shall be required to provide the Certificate
Administrator with such forms and such other information reasonably required by the Certificate Administrator. If the Certificate Administrator
does withhold any amount from interest or original issue discount payments or advances thereof to any Certificateholder or payee pursuant
to federal withholding requirements, the Certificate Administrator shall indicate the amount withheld to such Person. Such amounts shall
be deemed to have been distributed to such Persons for all purposes of this Agreement.

(r)               
Notwithstanding any other provision of this Agreement, none of the Depositor, the Trust, any Underwriter, any Initial Purchaser,
the Trustee, any Master Servicer, any Special Servicer, the Certificate Administrator, the Operating Advisor, the Asset Representations
Reviewer or any of their respective affiliated entities (the “Transaction Parties”) is undertaking to provide impartial
investment advice, or to give advice in a fiduciary capacity, in connection with the acquisition of any Certificates by any Plan subject
to Section 406 of ERISA or Section 4975 of the Code (an “ERISA Plan”) or any person acting on behalf of using
the assets of an ERISA Plan. In addition, each beneficial owner of any Certificate or any interest therein that is an ERISA Plan or that
is acting on behalf of or using the assets of an ERISA Plan, including any fiduciary purchasing Certificates on behalf of an ERISA Plan
(“Plan Fiduciary”) will be deemed to have represented by its acquisition of such Certificate that none of the Transaction
Parties has provided any investment recommendation or investment advice on which the ERISA Plan or the Plan Fiduciary has relied in connection
with the decision to acquire Offered Certificates, and they are not otherwise acting as a fiduciary (within the meaning of Section 3(21)
of ERISA or Section 4975(e)(3) of the Code) to the ERISA Plan in connection with the ERISA Plan’s acquisition of Offered Certificates
(unless an applicable prohibited transaction exemption is available to cover the purchase or holding of the Offered Certificates or the
transaction is not otherwise prohibited), and (ii) the Plan Fiduciary making the decision to acquire the Offered Certificates is exercising
its own independent judgment in evaluating the investment in the Offered Certificates.

Section 5.04       
Mutilated, Destroyed, Lost or Stolen Certificates. If (a) any mutilated Certificate is surrendered to the Certificate
Registrar, or the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Certificate and
(b) there is delivered to the Certificate Registrar such security or indemnity as may be required by it to save it harmless, then,
in the absence of actual notice to the Certificate Registrar that such Certificate has been acquired by a bona fide purchaser, the Certificate
Registrar shall execute, authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Certificate,
a new Certificate of like tenor and interest in the Trust. In connection with the issuance of any new Certificate under this Section 5.04,
the Certificate Registrar may require the payment of a sum sufficient to cover any expenses (including the fees and expenses of the Certificate
Registrar) connected therewith. Any replacement Certificate issued pursuant to this Section 5.04 shall constitute complete
and indefeasible evidence of ownership in the Trust, as if originally issued, whether or not the lost, stolen or destroyed Certificate
shall be found at any time.

Section 5.05       
Persons Deemed Owners. Each applicable Master Servicer, each applicable Special Servicer, the Certificate Administrator,
the Trustee and the Certificate Registrar, and any agent of any of them, may treat the Person in whose name any Certificate is registered
as the owner of such Certificate for the purpose of receiving distributions as provided in this Agreement and for all other purposes whatsoever,
and each applicable Master Servicer, each applicable Special Servicer, the Certificate Administrator, the Trustee, the Certificate

    	 	-379-	 

     

    

Registrar and any agent of any of them shall
not be affected by any notice to the contrary; provided, that to the extent that a party to this Agreement responsible for distributing
any report, statement or other information required to be distributed to Certificateholders has been provided an Investor Certification,
such party to this Agreement shall distribute such report, statement or other information to such beneficial owner (or prospective transferee).

Section 5.06       
Access to List of Certificateholders’ Names and Addresses; Special Notices. (a) The
Certificate Registrar shall maintain in as current form as is reasonably practicable the most recent list available to it of the names
and addresses of the Certificateholders. If any Certificateholder that has provided an Investor Certification (i) requests in writing
from the Certificate Registrar a list of the names and addresses of Certificateholders, (ii) states that such Certificateholder desires
to communicate with other Certificateholders with respect to its rights under this Agreement or under the Certificates and (iii) provides
a copy of the communication which Certificateholder proposes to transmit, then the Certificate Registrar shall, within ten (10) Business
Days after the receipt of such request, furnish such Certificateholder (at such Certificateholder’s sole cost and expense) a current
list of the Certificateholders. In addition, upon written request to the Certificate Administrator of any Certificateholder or Certificate
Owner (if applicable) that has provided an Investor Certification, the Certificate Administrator shall promptly notify such Certificateholder
or Certificate Owner of the identity of the then-current Directing Certificateholder. Every Certificateholder, by receiving and holding
a Certificate, agrees that the Certificate Registrar shall not be held accountable by reason of the disclosure of any such information
as to the list of the Certificateholders hereunder, regardless of the source from which information was derived. Each applicable Master
Servicer, each applicable Special Servicer, the Trustee, the Certificate Administrator, the Operating Advisor and the Depositor shall
be entitled to a list of the names and addresses of Certificateholders from time to time upon request therefor.

(b)             
 (i) The Certificate Administrator shall include in any Form 10-D any written request received in accordance with Section 11.04(a)
prior to the Distribution Date to which the Form 10-D relates (and on or after the Distribution Date preceding such Distribution Date)
from a Certificateholder or Certificate Owner to communicate with other Certificateholders or Certificate Owners related to Certificateholders
or Certificate Owners exercising their rights under the terms of this Agreement. Any Form 10-D containing such disclosure (a “Special
Notice”) regarding the request to communicate shall include the following and no more than the following (a) the name of
the Certificateholder or Certificate Owner making the request, (b) the date the request was received, (c) a statement to the
effect that the Certificate Administrator has received such request, stating that such Certificateholder or Certificate Owner is interested
in communicating with other Certificateholders or Certificate Owners with regard to the possible exercise of rights under this Agreement,
and (d) a description of the method other Certificateholders or Certificate Owners may use to contact the requesting Certificateholder
or Certificate Owner. It is hereby understood that a disclosure in substantially the following form shall be deemed to satisfy the requirements
in the preceding sentence: “On [date], the Certificate Administrator received from [name], a Certificateholder or Certificate Owner,
a request to communicate with other Certificateholders and Certificate Owners in the securitization transaction to which this report on
Form 10-D relates (the “Securitization”). The requesting Certificateholder or Certificate Owner is interested in communicating
with other Certificateholders and Certificate Owners with regard to the possible exercise of rights under the pooling and servicing agreement
governing the Securitization. Other Certificateholders and Certificate Owners may contact the

    	 	-380-	 

     

    

requesting Certificateholder or Certificate
Owner at [telephone number], [email address] and/or [mailing address].”

(ii)              
In verifying the identity of any Certificateholder or Certificate Owner in connection with any request to communicate, (i) if
the Certificateholder or Certificate Owner is the holder of record with respect to any Certificate, the Certificate Administrator shall
not require any further verification or (ii) if the Certificateholder or Certificate Owner is not the holder of record with respect
to any Certificate, the Certificate Administrator shall require no more than (x) a written certification from such Certificateholder
or Certificate Owner that it is the beneficial owner of a Certificate and (y) one of the following documents confirming ownership
of such Certificate: a trade confirmation, an account statement, a letter from a broker-dealer or another document acceptable to the Certificate
Administrator that is similar to any of the foregoing documents. The Certificate Administrator shall not have any obligation to verify
the information provided by any Certificateholder or Certificate Owner in any request to communicate and may rely on such information
conclusively. Additionally, any expenses the Certificate Administrator incurs in connection with any request to communicate will be paid
by the Trust.

Section 5.07       
Maintenance of Office or Agency. The Certificate Registrar shall maintain or cause to be maintained an office or offices
or agency or agencies where Certificates may be surrendered for registration of transfer or exchange and where notices and demands to
or upon the Certificate Registrar in respect of the Certificates and this Agreement may be served. The Certificate Registrar initially
designates its office at 600 South 4th Street, 7th Floor, MAC: N9300-070, Minneapolis, Minnesota 55415 as its office for such purposes.
The Certificate Registrar shall give prompt written notice to the Certificateholders and the Mortgagors of any change in the location
of the Certificate Register or any such office or agency.

Section 5.08       
Appointment of Certificate Administrator. (a) Computershare Trust
Company, National Association is hereby initially appointed Certificate Administrator in accordance with the terms of this Agreement.
If the Certificate Administrator resigns or is terminated, the Trustee shall appoint a successor certificate administrator which may
be the Trustee or an Affiliate thereof to fulfill the obligations of the Certificate Administrator hereunder which must satisfy the eligibility
requirements set forth in Section 8.06.

(b)              
The Certificate Administrator may rely upon and shall be protected in acting or refraining from acting upon any resolution, Officer’s
Certificate, certificate of auditors or any other certificate, statement, instrument, opinion, report, notice, request, consent, order,
Appraisal, bond or other paper or document reasonably believed by it to be genuine and to have been signed or presented by the proper
party or parties.

(c)              
The Certificate Administrator, at the expense of the Trust (but only if such amount constitutes “unanticipated expenses of
the REMIC” within the meaning of Treasury Regulations Section 1.860G-1(b)(3)(ii)), may consult with counsel and the advice
of such counsel or any Opinion of Counsel shall be full and complete authorization and protection in respect of any action taken or suffered
or omitted by it hereunder in good faith and in accordance therewith.

    	 	-381-	 

     

    

(d)              
 The Certificate Administrator shall not be personally liable for any action reasonably taken, suffered or omitted by it in good
faith and believed by it to be authorized or within the discretion or rights or powers conferred upon it by this Agreement.

(e)              
The Certificate Administrator may execute any of the trusts or powers hereunder or perform any duties hereunder either directly
or by or through agents or attorneys; provided, however, that the appointment of such agents or attorneys shall not relieve
the Certificate Administrator of its duties or obligations hereunder.

(f)               
The Certificate Administrator shall not be responsible for any act or omission of the Trustee, any Master Servicer, any Special
Servicer or the Depositor.

Section 5.09       
[RESERVED]

Section 5.10       
Voting Procedures. With respect to any matters submitted to Certificateholders for a vote, the Certificate Administrator
shall administer such vote through the Depository with respect to Book-Entry Certificates and directly with registered Holders by mail
with respect to Definitive Certificates. In each case, such vote shall be administered in accordance with the following procedures, unless
different procedures are otherwise described herein with respect to a specific vote:

(a)              
Any matter submitted to Certificateholders for a vote shall be announced in a notice prepared by the Certificate Administrator.
Such notice shall include the record date determined by the Certificate Administrator for purposes of the vote and a voting deadline which
shall be no less than thirty (30) days and no later than sixty (60) days after the date such notice is distributed. The notice and related
ballot shall be sent to Holders of Book-Entry Certificates through the Depository and by mail to the registered Holders of Definitive
Certificates. In addition, the notice and related ballot shall be posted to the Certificate Administrator’s Website. Notices delivered
in this manner shall be considered delivered to all Holders regardless of whether any Holder actually receives the notice and ballot.

(b)              
In connection with any vote administered pursuant to this Agreement, voting Holders shall be required to certify their holdings
in the manner set forth on the ballot, unless a specific manner is otherwise provided herein. Holders may only vote in accordance with
their Voting Rights. Voting Rights with respect to any outstanding Class of Certificates shall be calculated by the Certificate Administrator
in accordance with the definition of Voting Rights as of the record date for the vote. Only Classes with an outstanding Certificate Balance
greater than zero as of the record date of the vote shall be permitted to vote. Once a Holder has cast its vote, the vote may be changed
or retracted on or before the vote deadline. Any changes or retractions shall be communicated by the Certificateholder to the Certificate
Administrator in writing on a ballot. After the vote deadline has passed, votes may not be changed or retracted by any Holder unless the
Holder wishing to change or retract its vote holds a sufficient portion of the Voting Rights such that the Holder, by its vote alone,
could approve or deny the proposition subject to a vote without taking into consideration the votes cast by any other Holder. Transferees
or purchasers of any Class of Certificates are subject to and shall be bound by all votes of Holders initiated or conducted prior to its
acquisition of such Certificate.

    	 	-382-	 

     

    

(c)              
 The Certificate Administrator may take up to fifteen (15) Business Days to tabulate the results of any vote. The Certificate Administrator
shall use its reasonable efforts to resolve any illegible or incomplete ballots received prior to the voting deadline. Illegible or incomplete
ballots that are received on the voting deadline or that cannot be resolved by the voting deadline shall not be counted. Promptly after
the votes are tabulated, the Certificate Administrator shall prepare a notice announcing the results of the vote. Such notice shall include
the percentage of Voting Rights in favor of the proposition, the percentage against the proposition and the percentage abstaining. In
addition, the notice will announce whether the proposition has been adopted by Certificateholders. The notice shall be distributed in
accordance with the methods described in Section 5.10(a) above. The Certificate Administrator shall also include such notice
on the Form 10-D prepared in connection with the distribution period that corresponds with the date such notice is distributed. All vote
tabulations shall be final and the Certificate Administrator shall not, absent manifest error, re-tabulate the votes or conduct a new
vote for the same proposition.

(d)              
Any and all reasonable expenses incurred by the Certificate Administrator in connection with administering any vote shall be borne
by the Trust. The Certificate Administrator is under no obligation to advise Holders about the matter being voted on or answer questions
other than process-related questions regarding the administration of the vote.

(e)              
If any party to this Agreement believes a vote of Certificateholders is needed for some matter related to the administration of
the Trust that is not specifically contemplated herein, such party may request the Certificate Administrator to conduct a vote and the
Certificate Administrator will conduct the requested vote in accordance with these procedures. Unless specifically provided herein, all
such votes require a majority of Certificateholders to carry a proposition.

Section 5.11       
Exchangeable Certificates. (a) On the Closing Date, the Grantor
Trust shall issue the several Classes of Exchangeable Certificates. Each Class of Exchangeable Certificates shall represent an undivided
beneficial ownership interest in the Corresponding Exchangeable Upper-Tier Regular Interests in an amount equal to the Class Percentage
Interest of such Class in each such Corresponding Exchangeable Upper-Tier Regular Interest. All amounts allocated to an Exchangeable Upper-Tier
Regular Interest hereunder, including principal and interest payable thereon and reimbursement of previously allocated Realized Losses
(with interest), shall be allocated to the Classes of Exchangeable Certificates representing an interest therein, in proportion to their
Class Percentage Interests therein; provided, that the Exchangeable Certificates will be entitled to Prepayment Premiums and Yield
Maintenance Charges as described in Section 4.01(e).

(b)              
Certificates of each Class of Exchangeable Certificates (each such Class, in connection with any exchange, an applicable “Surrendered
Class”) may be exchanged on the books of DTC for Certificates of the corresponding Classes of Exchangeable Certificates set
forth next to such Class in the table below (each, an applicable “Received Class”), and vice versa. The Denomination
of each of the Received Classes of Certificates must be equal to the Denomination of each of the Surrendered Classes of Certificates.
No fee shall be required with respect to any exchange of Exchangeable Certificates. Following any exchange of Certificates of one or more
Surrendered Classes for Certificates of one or more Received Classes, the Class Percentage

    	 	-383-	 

     

    

Interests in the Corresponding Exchangeable
Upper-Tier Regular Interests that are represented by the Surrendered Classes (and consequently their related Certificate Balances or Notional
Amounts) shall be decreased, and those of the Received Classes (and consequently their related Certificate Balances or Notional Amounts)
shall be increased. The Certificate Administrator or Certificate Registrar, as applicable, shall (i) make the appropriate notation of
such exchange on the Certificate Register and on the Book-Entry Certificate for each Class of Exchangeable Certificates involved in such
exchange to reflect such reductions and increases and (ii) give appropriate instructions to the Depository to reflect such reductions
and increases.

	Surrendered
    Classes (or Received Classes) of Certificates
	Received
    Classes (or Surrendered Classes) of Certificates

	Class
    A-3	Class
    A-3-1, Class A-3-X1
	Class
    A-3	Class
    A-3-2, Class A-3-X2
	Class
    A-4	Class
    A-4-1, Class A-4-X1
	Class
    A-4	Class
    A-4-2, Class A-4-X2
	Class
    A-S	Class
    A-S-1, Class A-S-X1
	Class
    A-S	Class
    A-S-2, Class A-S-X2
	Class
    B	Class
    B-1, Class B-X1
	Class
    B	Class
    B-2, Class B-X2
	Class
    C	Class
    C-1, Class C-X1
	Class
    C	Class C-2, Class C-X2

For example, a Certificateholder
holding Class A-S Certificates with a Denomination of $130,581,000 may surrender Class A-S Certificates with a Denomination of $65,290,500
(the Certificates of the applicable Surrendered Class) and receive in exchange Class A-S-1 Certificates with a Denomination of $65,290,500
and Class A-S-X1 Certificates with a Denomination of $65,290,500 (collectively, the Certificates of the applicable Received Classes).
In such event, (i) the Class Percentage Interest of the Class A-S Certificates in each of the Class A-S, Class A-S-X1 and Class A-S-X2
Upper-Tier Regular Interests would be reduced from 100% to 50%, (ii) the Class Percentage Interest of the Class A-S-1 Certificates in
each of the Class A-S and Class A-S-X2 Upper-Tier Regular Interests would be increased from 0% to 50%, and (iii) the Class Percentage
Interest of the Class A-S-X1 Certificates in the Class A-S-X1 Upper-Tier Regular Interest would be increased from 0% to 50%.

Similarly a Certificateholder
holding Class A-S-1 Certificates with a Denomination of $65,290,500 that seeks to surrender all such Certificates in exchange for Class
A-S Certificates will be required to surrender all such Certificates, as well as Class A-S-X1 Certificates with a Denomination of $65,290,500
in order to accomplish such exchange. In such event, (i) the Class Percentage Interest of the Class A-S-1 Certificates in each of the
Class A-S and Class A-S-X2 Upper-Tier Regular Interests would be reduced from 50% to 0%, (ii) the Class Percentage Interest of the Class
A-S-X1 Certificates in the Class A-S-X1 Upper-Tier Regular Interest would be reduced from 50% to 0%, and (iii) the Class Percentage Interest
of the Class A-S Certificates in each of the Class A-S, Class A-S-X1 and Class A-S-X2 Upper-Tier Regular Interests would be increased
from 0% (assuming no other Class A-S Certificates are then outstanding) to 50%.

(c)              
The maximum Certificate Balance or Notional Amount of each Class of Class A-3 Exchangeable Certificates, Class A-4 Exchangeable
Certificates, Class A-S

    	 	-384-	 

     

    

Exchangeable Certificates, Class B Exchangeable
Certificates or Class C Exchangeable Certificates that may be issued in an exchange is equal to the Certificate Balance of the Class A-3,
Class A-4, Class A-S, Class B or Class C Upper-Tier Regular Interest, respectively.

(d)              
In order to effect an exchange of Exchangeable Certificates, the Certificateholder shall deliver a notice substantially in the
form of Exhibit TT to the Certificate Administrator by e-mail to cts.cmbs.bond.admin@wellsfargo.com (with a subject line referencing
“BANK 2022-BNK41” and setting forth the proposed Exchange Date) no later than three (3) Business Days before the proposed
exchange date (the “Exchange Date”). The Exchange Date may be any Business Day other than the first or last Business
Day of the month. The notice must (i) be set forth on the applicable Certificateholder’s letterhead, (ii) carry a medallion stamp
guarantee and (iii) set forth the following information: (x) the CUSIP number, outstanding Certificate Balance or Notional Amount and
Original Certificate Balance or Original Notional Amount of each proposed Surrendered Class and of each proposed Received Class; (y) the
Certificateholder’s DTC participant number; and (z) the proposed Exchange Date. A notice shall become irrevocable on the second
Business Day before the proposed Exchange Date.

(e)              
Upon the satisfaction of the conditions to an exchange described in this Section 5.11, the Certificate Administrator shall
deliver Certificates of the applicable Received Classes to the requesting Certificateholder. The Certificate Administrator shall reduce
the outstanding Certificate Balance(s) or Notional Amount(s) of the Surrendered Classes, and increase the outstanding Certificate Balance(s)
or Notional Amount(s) of the Received Classes, on the Certificate Register. The Certificateholder and the Certificate Administrator shall
utilize the “deposit and withdrawal system” at the Depository to effect the exchange.

(f)               
The Certificate Administrator shall make the first distribution on Certificates of any Received Classes related to an exchange
on the Distribution Date in the month following the month of exchange to the Certificateholder of record as of the applicable Record Date
for such Certificates and Distribution Date. If an Exchange Date occurs in any month before the Distribution Date in such month, then
any distributions to be made on such Distribution Date on Certificates of any Surrendered Classes shall be so made to the Certificateholders
of record as of the applicable Record Date for such Certificates and such Distribution Date. Neither the Certificate Administrator nor
the Depositor shall have any obligation to ensure the availability in the market of the applicable Certificates to accomplish any exchange.

[End of Article V]

Article VI

THE DEPOSITOR, THE MASTER SERVICERS, THE SPECIAL SERVICERS, the Operating Advisor, the asset representations reviewer, THE DIRECTING CERTIFICATEHOLDER
AND THE Risk Retention Consultation Party

Section 6.01       
Representations, Warranties and Covenants of each Applicable Master Servicer, each Applicable Special Servicer, the Operating
Advisor and the Asset Representations Reviewer. (a) Each Master Servicer,
for itself only, hereby represents, warrants

    	 	-385-	 

     

    

and covenants to the Trustee, for its own benefit
and the benefit of the Certificateholders, each Serviced Companion Noteholder, the Depositor, the Certificate Administrator, each Special
Servicer, the Asset Representations Reviewer and the Operating Advisor, as of the Closing Date, that:

(i)                 
The Master Servicer is a national banking association, duly organized, validly existing and in good standing under the laws of
the United States of America, and the Master Servicer is in compliance with the laws of each State in which any Mortgaged Property is
located to the extent necessary to perform its obligations under this Agreement;

(ii)              
The execution and delivery of this Agreement by the Master Servicer, and the performance and compliance with the terms of this
Agreement by the Master Servicer, do not (A) violate the Master Servicer’s organizational documents, (B) constitute a
default (or an event which, with notice or lapse of time, or both, would constitute a default) under, or result in the breach of, any
material agreement or other material instrument to which it is a party or which is applicable to it or any of its assets or (C) violate
any law, rule, regulation, order, judgment or decree to which the Master Servicer or its property is subject, which, in the case of either
(B) or (C), is likely to materially and adversely affect the ability of the Master Servicer to perform its obligations under
this Agreement;

(iii)             
The Master Servicer has the full power and authority to enter into and consummate all transactions to be performed by it contemplated
by this Agreement, has duly authorized the execution, delivery and performance of this Agreement, and has duly executed and delivered
this Agreement;

(iv)             
This Agreement, assuming due authorization, execution and delivery by the other parties hereto, constitutes a valid, legal and
binding obligation of the Master Servicer, enforceable against the Master Servicer in accordance with the terms hereof, subject to (A) applicable
bankruptcy, insolvency, reorganization, receivership, moratorium and other laws affecting the enforcement of creditors’ rights
generally, and, to the extent applicable, the rights of creditors of national banks or of “financial companies” (as defined
in Section 201 of the Dodd-Frank Act) or their Affiliates, and (B) general principles of equity, regardless of whether
such enforcement is considered in a proceeding in equity or at law;

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

(vi)             
No litigation is pending or, to the best of the Master Servicer’s knowledge, threatened against the Master Servicer which
would prohibit the Master Servicer from entering into this Agreement or, in the Master Servicer’s good faith and reasonable judgment,
is likely to materially and adversely affect the ability of the Master Servicer to perform its obligations under this Agreement;

    	 	-386-	 

     

    

(vii)           
 The Master Servicer has errors and omissions insurance coverage that is in full force and effect or is self-insuring with respect
to such risks, which in either case complies with the requirements of Section 3.07; and

(viii)        
No consent, approval, authorization or order of, registration or filing with, or notice to, any governmental authority or court
is required under federal or state law for the execution, delivery and performance by the Master Servicer of, or compliance by the Master
Servicer with, this Agreement or the Master Servicer’s consummation of any transactions contemplated hereby, other than (A) such
consents, approvals, authorizations, orders, qualifications, registrations, filings or notices as have been obtained, made or given prior
to the actual performance by the Master Servicer of its obligations under this Agreement or (B) where the lack of such consent,
approval, authorization, order, qualification, registration, filing or notice would not have a material adverse effect on the performance
by the Master Servicer under this Agreement.

(b)              
Each Special Servicer, for itself only, hereby represents, warrants and covenants to the Trustee, for its own benefit and the benefit
of the Certificateholders, each Serviced Companion Noteholder, the Depositor, the Certificate Administrator, each Master Servicer, the
Asset Representations Reviewer and the Operating Advisor, as of the Closing Date, that:

(i)                
The Special Servicer is (A) in the case of the General Special Servicer, a limited liability company, duly organized, validly existing
and in good standing under the laws of the State of Delaware and (B) in the case of the NCB Special Servicer, a national banking association,
duly organized, validly existing and in good standing under the laws of the United States of America and, in each case, the Special Servicer
is in compliance with the laws of each State in which any Mortgaged Property is located to the extent necessary to perform its obligations
under this Agreement;

(ii)              
The execution and delivery of this Agreement by the Special Servicer, and the performance and compliance with the terms of this
Agreement by the Special Servicer, do not (A) violate the Special Servicer’s organizational documents, (B) constitute
a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, or result in the breach of, any
material agreement or other material instrument to which it is a party or which is applicable to it or any of its assets, or (C) violate
any law, rule, regulation, order, judgment or decree to which the Special Servicer or its property is subject, which, in the case of either
(B) or (C), is likely to materially and adversely affect either the ability of the Special Servicer to perform its obligations
under this Agreement or its financial condition;

(iii)             
The Special Servicer has the full power and authority to enter into and consummate all transactions to be performed by it contemplated
by this Agreement, has duly authorized the execution, delivery and performance of this Agreement, and has duly executed and delivered
this Agreement;

(iv)            
This Agreement, assuming due authorization, execution and delivery by the other parties hereto, constitutes a valid, legal and
binding obligation of the Special Servicer, enforceable against the Special Servicer in accordance with the terms hereof, subject to

    	 	-387-	 

     

    

(A) applicable bankruptcy, insolvency,
reorganization, receivership, moratorium and other laws affecting the enforcement of creditors’ rights generally, and, to the extent
applicable, the rights of the creditors of national banks or of “financial companies” (as defined in Section 201 of the Dodd-Frank
Act) or their Affiliates, and (B) general principles of equity, regardless of whether such enforcement is considered in a proceeding
in equity or at law;

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

(vi)            
No litigation is pending or, to the best of the Special Servicer’s knowledge, threatened against the Special Servicer, which
would prohibit the Special Servicer from entering into this Agreement or, in the Special Servicer’s good faith and reasonable judgment,
is likely to materially and adversely affect the ability of the Special Servicer to perform its obligations under this Agreement;

(vii)          
The Special Servicer has errors and omissions coverage which is in full force and effect or is self-insuring with respect to such
risks, which in either case complies with the requirements of Section 3.07; and

(viii)         
No consent, approval, authorization or order of any court or governmental agency or body is required under federal or state law
for the execution, delivery and performance by the Special Servicer of, or compliance by the Special Servicer with, this Agreement or
the consummation of the transactions of the Special Servicer contemplated by this Agreement, except for any consent, approval, authorization
or order which has been obtained or can be obtained prior to the actual performance by the Special Servicer of its obligations under
this Agreement, or which, if not obtained would not have a materially adverse effect on the ability of the Special Servicer to perform
its obligations hereunder.

(c)              
The Operating Advisor hereby represents, warrants and covenants to the Trustee, for its own benefit and the benefit of the Certificateholders,
each Serviced Companion Noteholder, the Depositor, the Certificate Administrator, each Master Servicer, each Special Servicer, as of the
Closing Date, that:

(i)                
The Operating Advisor is a limited liability company, duly organized, validly existing and in good standing under the laws of the
State of Delaware and the Operating Advisor is in compliance with the laws of each State in which any Mortgaged Property is located to
the extent necessary to perform its obligations under this Agreement;

(ii)               
The execution and delivery of this Agreement by the Operating Advisor, and the performance and compliance with the terms of this
Agreement by the Operating Advisor, do not (A) violate the Operating Advisor’s organizational documents, (B) constitute
a default (or an event which, with notice or lapse of time, or both, would

    	 	-388-	 

     

    

constitute a default) under, or result
in the breach of, any material agreement or other material instrument to which it is a party or which is applicable to it or any of its
assets, or (C) violate any law, rule, regulation, order, judgment or decree to which the Operating Advisor or its property is subject,
which, in the case of either (B) or (C), is likely to materially and adversely affect either the ability of the Operating
Advisor to perform its obligations under this Agreement or its financial condition;

(iii)           
The Operating Advisor has the full power and authority to enter into and consummate all transactions to be performed by it contemplated
by this Agreement, has duly authorized the execution, delivery and performance of this Agreement, and has duly executed and delivered
this Agreement;

(iv)            
This Agreement, assuming due authorization, execution and delivery by the other parties hereto, constitutes a valid, legal and
binding obligation of the Operating Advisor, enforceable against the Operating Advisor in accordance with the terms hereof, subject to
(A) applicable bankruptcy, insolvency, reorganization, receivership, moratorium and other laws affecting the enforcement of creditors’
rights generally, and (B) general principles of equity, regardless of whether such enforcement is considered in a proceeding in
equity or at law;

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

(vi)             
The Operating Advisor has errors and omissions insurance coverage that is in full force and effect or is self-insuring with respect
to such risks, which in either case complies with the requirements of Section 3.07;

(vii)           
No litigation is pending or, to the best of the Operating Advisor’s knowledge, threatened against the Operating Advisor,
which would prohibit the Operating Advisor from entering into this Agreement or, in the Operating Advisor’s good faith and reasonable
judgment, is likely to materially and adversely affect the ability of the Operating Advisor to perform its obligations under this Agreement;
and

(viii)         
No consent, approval, authorization or order of any court or governmental agency or body is required under federal or state law
for the execution, delivery and performance by the Operating Advisor of, or compliance by the Operating Advisor with, this Agreement
or the consummation of the transactions of the Operating Advisor contemplated by this Agreement, except for any consent, approval, authorization
or order which has been obtained or can be obtained prior to the actual performance by the Operating Advisor of its obligations under
this Agreement, or which, if not obtained would

    	 	-389-	 

     

    

not have a materially adverse effect
on the ability of the Operating Advisor to perform its obligations hereunder.

(d)              
The Asset Representations Reviewer hereby represents and warrants to the Trustee, for its own benefit and the benefit of the Certificateholders,
and to the Depositor, each Master Servicer, each Special Servicer and the Certificate Administrator, as of the Closing Date, that:

(i)                 
The Asset Representations Reviewer is a limited liability company, duly organized, validly existing and in good standing under
the laws of the State of Delaware, and the Asset Representations Reviewer is in compliance with the laws of each State in which any Mortgaged
Property is located to the extent necessary to perform its obligations under this Agreement;

(ii)              
The execution and delivery of this Agreement by the Asset Representations Reviewer, and the performance and compliance with the
terms of this Agreement by the Asset Representations Reviewer, do not (A) violate the Asset Representations Reviewer’s organizational
documents, (B) constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under,
or result in the breach of, any material agreement or other material instrument to which it is a party or which is applicable to it or
any of its assets, or (C) violate any law, rule, regulation, order, judgment or decree to which the Asset Representations Reviewer
or its property is subject, which, in the case of either (B) or (C) above, is likely to materially and adversely affect
either the ability of the Asset Representations Reviewer to perform its obligations under this Agreement or its financial condition;

(iii)            
The Asset Representations Reviewer has the full power and authority to enter into and consummate all transactions to be performed
by it contemplated by this Agreement, has duly authorized the execution, delivery and performance of this Agreement, and has duly executed
and delivered this Agreement;

(iv)             
This Agreement, assuming due authorization, execution and delivery by the other parties hereto, constitutes a valid, legal and
binding obligation of the Asset Representations Reviewer, enforceable against the Asset Representations Reviewer in accordance with the
terms hereof, subject to (A) applicable bankruptcy, insolvency, reorganization, receivership, moratorium and other laws affecting
the enforcement of creditors’ rights generally, and (B) general principles of equity, regardless of whether such enforcement
is considered in a proceeding in equity or at law;

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

    	 	-390-	 

     

    

(vi)            
 No litigation is pending or, to the best of the Asset Representations Reviewer’s knowledge, threatened against the Asset
Representations Reviewer, which would prohibit the Asset Representations Reviewer from entering into this Agreement or, in the Asset Representations
Reviewer’s good faith and reasonable judgment, is likely to materially and adversely affect the ability of the Asset Representations
Reviewer to perform its obligations under this Agreement;

(vii)           
The Asset Representations Reviewer has errors and omissions coverage that is in full force and effect or is self-insuring with
respect to such risks, which in either case complies with the requirements of Section 3.07; and

(viii)         
No consent, approval, authorization or order of any court or governmental agency or body is required under federal or state law
for the execution, delivery and performance by the Asset Representations Reviewer of, or compliance by the Asset Representations Reviewer
with, this Agreement or the consummation of the transactions of the Asset Representations Reviewer contemplated by this Agreement, except
for any consent, approval, authorization or order which has been obtained or can be obtained prior to the actual performance by the Asset
Representations Reviewer of its obligations under this Agreement, or which, if not obtained would not have a materially adverse effect
on the ability of the Asset Representations Reviewer to perform its obligations hereunder; and

(ix)               
The Asset Representations Reviewer is an Eligible Asset Representations Reviewer.

(e)                                The representations and warranties set forth in paragraphs (a)-(d) above shall survive the execution and delivery of this
Agreement. Upon written notice or actual knowledge by any party to this Agreement (or upon written notice thereof from any Certificateholder
or any Companion Holder) of a breach of any of the representations and warranties set forth in this Section 6.01 which
materially and adversely affects the interests of any party to this Agreement, the Certificateholders, the party discovering such breach
shall give prompt written notice to the other parties hereto, each certifying Certificateholder, and, prior to the occurrence and continuance
of a Control Termination Event, the Directing Certificateholder.

Section 6.02       
Liability of the Depositor, each applicable Master Servicer, the Operating Advisor, each applicable Special Servicer and the
Asset Representations Reviewer. The Depositor, each applicable Master Servicer, the Operating Advisor, each applicable Special Servicer
and the Asset Representations Reviewer shall be liable in accordance herewith only to the extent of the respective obligations specifically
imposed upon and undertaken by the Depositor, such Master Servicer, the Operating Advisor, such Special Servicer and the Asset Representations
Reviewer herein.

Section 6.03       
Merger, Consolidation or Conversion of the Depositor, a Master Servicer, the Operating Advisor, a Special Servicer or the Asset
Representations Reviewer. (a) Subject to 6.03(b) below, each of the
Depositor, each applicable Master Servicer and each applicable Special Servicer will keep in full effect its existence, rights and franchises
as an entity under the laws of the jurisdiction of its incorporation or organization, and each will obtain and preserve its qualification
to do business as a foreign entity in each jurisdiction in which

    	 	-391-	 

     

    

qualification is or shall be necessary to protect
the validity and enforceability of this Agreement, the Certificates or any of the Mortgage Loans or Companion Loans and to perform its
respective duties under this Agreement.

(b)              
Each of the Depositor, each applicable Master Servicer, each applicable Special Servicer, the Operating Advisor and the Asset Representations
Reviewer may be merged or consolidated with or into any Person, or transfer all or substantially all of its assets (which may be limited
to all or substantially all of its assets related to commercial mortgage loan servicing, commercial mortgage surveillance or asset representations
reviewer operations, as the case may be) to any Person, in which case any Person resulting from any merger or consolidation to which the
Depositor, a Master Servicer, a Special Servicer, the Operating Advisor, or the Asset Representations Reviewer shall be a party, or any
Person succeeding to the business of the Depositor, a Master Servicer, a Special Servicer, the Operating Advisor, or the Asset Representations
Reviewer, shall be the successor of the Depositor, such Master Servicer, such Special Servicer, the Operating Advisor, or the Asset Representations
Reviewer (such Person, in the case of a Master Servicer or a Special Servicer, in each of the foregoing cases, the “Surviving
Entity”), as the case may be, hereunder, without the execution or filing of any paper (other than an assumption agreement wherein
the successor shall agree to perform the obligations of and serve as the Depositor, a Master Servicer, a Special Servicer, the Operating
Advisor, or the Asset Representations Reviewer, as the case may be, in accordance with the terms of this Agreement) or any further act
on the part of any of the parties hereto, anything herein to the contrary notwithstanding; provided, however, that with
respect to such merger, consolidation or succession, Rating Agency Confirmation is received from each Rating Agency with respect to the
Classes of Certificates and, with respect to any class of Serviced Companion Loan Securities, a confirmation is received from each applicable
rating agency that such action will not result in the downgrade, withdrawal or qualification of its then-current ratings (provided
that such rating agency confirmation may be considered satisfied in the same manner as any Rating Agency Confirmation may be considered
satisfied with respect to the Certificates as described in Section 3.25); provided, further, that if a Master
Servicer, a Special Servicer or the Operating Advisor enters into a merger and such Master Servicer, such Special Servicer or the Operating
Advisor, as applicable, is the surviving entity under applicable law, such Master Servicer, such Special Servicer or the Operating Advisor,
as applicable, shall not, as a result of the merger, be required to provide a Rating Agency Confirmation with respect to ratings of the
Classes of Certificates or, with respect to any class of Serviced Companion Loan Securities, a confirmation of the rating agencies that
such action will not result in the downgrade, withdrawal or qualification of its then-current ratings; provided, further,
that for so long as the Trust, and, with respect to any Serviced Companion Loan included as part of the trust in a related Other Securitization,
is subject to the reporting requirements of the Exchange Act, if such Master Servicer, such Special Servicer or the Operating Advisor
notifies the Depositor in writing (a “Merger Notice”) of any such merger, consolidation, conversion or other change
in form, and the Depositor or the depositor in such Other Securitization, as the case may be, notifies such Master Servicer, such Special
Servicer or the Operating Advisor, as applicable, in writing that the Depositor or the depositor in such Other Securitization, as the
case may be, has discovered that such successor entity has not complied with its Exchange Act reporting obligations under any other commercial
mortgage loan securitization (and specifically identifying the instance of noncompliance), then it shall be an additional condition to
such succession that the Depositor or the depositor in such Other Securitization, as the case may be, shall have consented (which consent
shall not be unreasonably withheld or delayed) to such successor entity.

    	 	-392-	 

     

    

Notwithstanding the foregoing, no Master Servicer,
Special Servicer or Operating Advisor may remain a Master Servicer, a Special Servicer or Operating Advisor, as applicable, under this
Agreement after (x) being merged or consolidated with or into any Person that is a Prohibited Party, or (y) transferring all
or substantially all of its assets to any Person if such Person is a Prohibited Party, except to the extent (i) such Master Servicer,
such Special Servicer or Operating Advisor, as applicable, is the surviving entity of such merger, consolidation or transfer and has been
and continues to be in compliance with its Regulation AB reporting obligations hereunder or (ii) the Depositor consents to such merger,
consolidation or transfer, which consent shall not be unreasonably withheld. If, within sixty (60) days following the date of delivery
of the Merger Notice to the Depositor or the depositor in such Other Securitization, as the case may be, the Depositor or depositor in
such Other Securitization, as the case may be, shall have failed to notify such Master Servicer or such Special Servicer, as applicable,
in writing of the Depositor’s determination, or depositor’s determination, in the case of an Other Securitization, to grant
or withhold such consent, such failure shall be deemed to constitute a grant of such consent. If the conditions to the provisions in the
second preceding sentence are not met, the Trustee may terminate, and if the conditions set forth in the third proviso of the third preceding
sentence are not met the Trustee shall terminate, the applicable Surviving Entity’s servicing of the Mortgage Loans pursuant hereto,
such termination to be effected in the manner set forth in Section 7.01.

(i)                 
The Asset Representations Reviewer shall keep in full effect its existence and rights as an entity under the laws of the jurisdiction
of its organization, and shall be in compliance with the laws of all jurisdictions to the extent necessary to perform its duties under
this Agreement.

(ii)               
Any Person into which the Asset Representations Reviewer may be merged or consolidated, or any Person resulting from any merger
or consolidation to which the Asset Representations Reviewer shall be a party, or any Person succeeding to the business of the Asset Representations
Reviewer, shall be the successor of the Asset Representations Reviewer hereunder, and shall be deemed to have assumed all of the liabilities
and obligations of such Asset Representations Reviewer hereunder, without the execution or filing of any paper or any further act on the
part of any of the parties hereto, anything herein to the contrary notwithstanding; provided, however, that the Trustee
has received a Rating Agency Confirmation with respect to such successor or surviving Person.

Section 6.04       
Limitation on Liability of the Depositor, each applicable Master Servicer, each applicable Special Servicer, the Operating Advisor,
the Asset Representations Reviewer and Others. (a) None of the Depositor,
any Master Servicer (including in its capacity as Companion Paying Agent, if applicable), any Special Servicer, the Operating Advisor,
the Asset Representations Reviewer or any of the partners, directors, officers, shareholders, members, managers, employees or agents of
any of the foregoing shall be under any liability to the Trust, the Certificateholders or the Companion Holders for any action taken or
for refraining from the taking of any action in good faith pursuant to this Agreement, or for errors in judgment; provided, however,
that this provision shall not protect the Depositor, any Master Servicer (including in its capacity as Companion Paying Agent, if applicable),
any Special Servicer, the Operating Advisor, the Asset Representations Reviewer or any such Person against any breach of warranties or
representations made herein or any liability which would otherwise be imposed by reason of willful misconduct, bad faith or negligence
in the performance of such party’s obligations or duties

    	 	-393-	 

     

    

or by reason of negligent disregard of such
party’s obligations and duties hereunder. The Depositor, each applicable Master Servicer (including in its capacity as Companion
Paying Agent, if applicable), each applicable Special Servicer, the Operating Advisor, the Asset Representations Reviewer and any partner,
director, officer, shareholder, member, manager, employee or agent of the Depositor, a Master Servicer (including in its capacity as Companion
Paying Agent, if applicable), a Special Servicer, the Operating Advisor or the Asset Representations Reviewer, and any of the partners,
directors, officers, shareholders, members, managers, employees or agents of any of the foregoing may rely on any document of any kind
which, prima facie, is properly executed and submitted by any Person respecting any matters arising hereunder. The Depositor, each
applicable Master Servicer (including in its capacity as Companion Paying Agent, if applicable), each applicable Special Servicer, the
Asset Representations Reviewer, the Operating Advisor and the Non-Serviced Trust (with respect to any Non-Serviced Mortgage Loan, to the
extent provided under the related Intercreditor Agreement) and any partner, director, officer, shareholder, member, manager, employee
or agent of any of the foregoing shall be indemnified and held harmless by the Trust against any and all claims, losses, penalties, fines,
forfeitures, reasonable legal fees and related costs, judgments, and any other costs, liabilities, fees and expenses (for the avoidance
of doubt, including without limitation reasonable attorneys’ fees and expenses and expenses relating to the enforcement of this
indemnity and of investigation, counsel fees, damages, judgments and amounts paid in settlement) incurred in connection with any actual
or threatened legal or administrative action (whether in equity or at law) or claim relating to this Agreement, the Mortgage Loans, the
Companion Loans or the Certificates, other than any loss, liability or expense: (i) specifically required to be borne thereby pursuant
to the terms hereof; (ii) incurred in connection with any breach of a representation or warranty made by it herein; (iii) incurred
by reason of bad faith, willful misconduct or negligence in the performance of its obligations or duties hereunder, or by reason of negligent
disregard of such obligations or duties; or (iv) in the case of the Depositor and any of its partners, directors, officers, shareholders,
members, managers, employees and agents, incurred in connection with any violation by any of them of any state or federal securities law.
In addition, absent actual fraud (as determined by a final non-appealable court order), neither the Trustee nor the Certificate Administrator
(including in its capacity as Custodian, Certificate Registrar and 17g-5 Information Provider) shall be liable for special, punitive,
indirect or consequential loss or damage of any kind whatsoever (including but not limited to lost profits), even if the Trustee or the
Certificate Administrator has been advised of the likelihood of such loss or damage and regardless of the form of action. Each applicable
Master Servicer (including in its capacity as Companion Paying Agent, if applicable), each applicable Special Servicer, the Asset Representations
Reviewer and the Operating Advisor conclusively may rely on, and shall be protected in acting or refraining from acting upon, any resolution,
officer’s certificate, certificate of auditors or any other certificate, statement, instrument, opinion, report, notice, request,
consent, order, financial statement, agreement, appraisal, bond or other document (in electronic or paper format) as contemplated by and
in accordance with this Agreement and reasonably believed or in good faith believed by the applicable Master Servicer (including in its
capacity as Companion Paying Agent, if applicable), the applicable Special Servicer, the Asset Representations Reviewer or the Operating
Advisor to be genuine and to have been signed or presented by the proper party or parties and each of them may consult with counsel, in
which case any written advice of counsel or Opinion of Counsel shall be full and complete authorization and protection with respect to
any action taken or suffered or omitted by it hereunder in good faith and in accordance with such advice or Opinion of Counsel.

    	 	-394-	 

     

    

(b)              
 None of the Depositor, any Master Servicer (including in its capacity as Companion Paying Agent, if applicable), any Special Servicer,
the Operating Advisor or the Asset Representations Reviewer shall be under any obligation to appear in, prosecute or defend any legal
or administrative action (whether in equity or at law), proceeding, hearing or examination that is not incidental to its respective duties
under this Agreement or which in its opinion may involve it in any expense or liability not recoverable from the Trust; provided,
however, that each of the Depositor, each applicable Master Servicer, each applicable Special Servicer, the Operating Advisor or
the Asset Representations Reviewer may in its discretion undertake any such action, proceeding, hearing or examination that it may deem
necessary or desirable in respect to this Agreement and the rights and duties of the parties hereto and the interests of the Certificateholders
(and, in the case of any Serviced Whole Loan, the rights of the Certificateholders and the holders of a Serviced Companion Loan (as a
collective whole) taking into account the subordinate or pari passu nature of such Serviced Companion Loan); provided, however,
that if a Serviced Whole Loan and/or the holder of any related Companion Loan are involved, such expenses, costs and liabilities will
be payable out of funds related to the applicable Serviced Whole Loan in accordance with the related Intercreditor Agreement and will
also be payable out of the other funds in the applicable Collection Account if amounts on deposit with respect to such Serviced Whole
Loan are insufficient therefor. If any such expenses, costs or liabilities relate to a Mortgage Loan or Companion Loan, then any subsequent
recovery on that Mortgage Loan or Companion Loan, as applicable, will be used to reimburse the Trust for any amounts advanced for the
payment of such expenses, costs or liabilities. In such event, the legal expenses and costs of such action, proceeding, hearing or examination
and any liability resulting therefrom shall be expenses, costs and liabilities of the Trust, and the Depositor, each applicable Master
Servicer (including in its capacity as Companion Paying Agent, if applicable), each applicable Special Servicer, the Asset Representations
Reviewer and the Operating Advisor shall be entitled to be reimbursed therefor out of amounts attributable to the Mortgage Loans or the
Companion Loan on deposit in the applicable Collection Account (including, without duplication, any subaccount thereof), as provided by
Section 3.05(a)(xii).

(c)              
Each applicable Master Servicer and each applicable Special Servicer, as applicable, agrees to indemnify the Depositor, the Trustee,
the related Serviced Companion Noteholder, the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer, the
applicable Master Servicer (including in its capacity as Companion Paying Agent, if applicable) (in the case of each applicable Special
Servicer and any other applicable Master Servicer), the applicable Special Servicer (in the case of each applicable Master Servicer and
any other applicable Special Servicer) and the Trust and any partner, director, officer, shareholder, member, manager, employee or agent
thereof, and hold them harmless, from and against any and all claims, losses, penalties, fines, forfeitures, reasonable legal fees and
related costs, judgments, and any other costs, liabilities, fees and expenses (for the avoidance of doubt, including reasonable attorneys’
fees and expenses and expenses relating to the enforcement of such indemnity) that any of them may sustain arising from or as a result
of any willful misconduct, bad faith or negligence of such Master Servicer or such Special Servicer, as the case may be, in the performance
of its obligations and duties under this Agreement or by reason of negligent disregard by such Master Servicer or such Special Servicer,
as the case may be, of its duties and obligations hereunder or by reason of breach of any representations or warranties made herein by
such Master Servicer or such Special Servicer, as applicable. The Trustee, the Certificate Administrator, the Depositor, the Asset Representations
Reviewer or the Operating Advisor, as the case may be, shall immediately

    	 	-395-	 

     

    

notify the applicable Master Servicer or the
applicable Special Servicer, as applicable, if a claim is made by a third party with respect to this Agreement or the Mortgage Loans entitling
the Trust to indemnification hereunder, whereupon the applicable Master Servicer or the applicable Special Servicer, as the case may be,
shall assume the defense of such claim (with counsel reasonably satisfactory to the Trustee, the Certificate Administrator or the Depositor)
and pay all expenses in connection therewith, including counsel fees, and promptly pay, discharge and satisfy any judgment or decree which
may be entered against it or them in respect of such claim. Any failure to so notify the applicable Master Servicer or the applicable
Special Servicer, as the case may be, shall not affect any rights any of the foregoing Persons may have to indemnification under this
Agreement or otherwise, unless such Master Servicer’s or such Special Servicer’s, as the case may be, defense of such claim
is materially prejudiced thereby.

Each applicable Master Servicer
and each applicable Special Servicer shall indemnify and hold harmless the Depositor from and against any claims, losses, damages, penalties,
fines, forfeitures, legal fees and expenses and related costs, judgments and other costs and expenses (for the avoidance of doubt, including
reasonable attorneys’ fees and expenses and expenses relating to the enforcement of such indemnity) incurred by the Depositor or
its Affiliates that arise out of or are based upon, severally and not jointly (i) a breach by such Master Servicer or such Special Servicer,
as applicable, of any obligation it has to deliver information to the 17g-5 Information Provider as set forth in this Agreement, including
Section 3.07(a), Section 3.08, Section 3.09(e), Section 3.12, Section 3.17(c) and Section 3.18(g)
or (ii) a breach of any obligation it has set forth in Sections 3.13(e), (h) and (j).

(d)            
Each of the Trustee and the Certificate Administrator (including in its role as Custodian), respectively agrees to indemnify the
Depositor, each Master Servicer (including in its capacity as Companion Paying Agent, if applicable), each Special Servicer, the Certificate
Administrator (in the case of the Trustee), the Trustee (in the case of the Certificate Administrator), the Operating Advisor, the Asset
Representations Reviewer and the Trust and any partner, director, officer, shareholder, member, manager employee or agent thereof, and
hold them harmless, from and against any and all claims, losses, penalties, fines, forfeitures, reasonable legal fees and related costs,
judgments, and any other costs, liabilities, fees and expenses (for the avoidance of doubt, including reasonable attorneys’ fees
and expenses and expenses relating to the enforcement of such indemnity) that any of them may sustain arising from or as a result of any
willful misconduct, bad faith or negligence of the Trustee or the Certificate Administrator, respectively, in the performance of its obligations
and duties under this Agreement or by reason of negligent disregard by the Trustee or the Certificate Administrator, respectively, of
its duties and obligations hereunder or by reason of breach of any representations or warranties made herein; provided that such
indemnity shall not cover indirect or consequential damages. The Depositor, the applicable Master Servicer, the applicable Special Servicer,
the Asset Representations Reviewer or the Operating Advisor, as the case may be, shall immediately notify the Trustee and the Certificate
Administrator, respectively, if a claim is made by a third party with respect to this Agreement or the Mortgage Loans entitling the Trust
to indemnification hereunder, whereupon the Trustee or the Certificate Administrator shall assume the defense of such claim (with counsel
reasonably satisfactory to the Depositor, such Master Servicer (including in its capacity as Companion Paying Agent, if applicable), such
Special Servicer, the Asset Representations Reviewer or the Operating Advisor) and pay all expenses in connection therewith, including
counsel fees, and promptly pay, discharge and satisfy any judgment or decree which may be entered against it or them in respect

    	 	-396-	 

     

    

of such claim. Any failure to so notify the
Trustee or the Certificate Administrator shall not affect any rights any of the foregoing Persons may have to indemnification under this
Agreement or otherwise, unless the Trustee’s or the Certificate Administrator’s defense of such claim is materially prejudiced
thereby.

(e)              
The Depositor agrees to indemnify each Master Servicer (including in its capacity as Companion Paying Agent, if applicable), each
Special Servicer, the Trustee, the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer and the Trust
and any partner, director, officer, shareholder, member, manager, employee or agent thereof, and hold them harmless, from and against
any and all claims, losses, penalties, fines, forfeitures, reasonable legal fees and related costs, judgments, and any other costs, liabilities,
fees and expenses (for the avoidance of doubt, including reasonable attorneys’ fees and expenses and expenses relating to the enforcement
of such indemnity) that any of them may sustain arising from or as a result of any willful misconduct, bad faith or negligence of the
Depositor, in the performance of its obligations and duties under this Agreement or by reason of negligent disregard by the Depositor
of its duties and obligations hereunder or by reason of breach of any representations or warranties made herein; provided that
such indemnity shall not cover indirect or consequential damages. The applicable Master Servicer, the applicable Special Servicer, the
Trustee, the Certificate Administrator, the Asset Representations Reviewer or the Operating Advisor, as the case may be, shall immediately
notify the Depositor if a claim is made by a third party with respect to this Agreement, whereupon the Depositor shall assume the defense
of such claim (with counsel reasonably satisfactory to such Master Servicer (including in its capacity as Companion Paying Agent, if applicable)
or such Special Servicer, as the case may be) and pay all expenses in connection therewith, including counsel fees, and promptly pay,
discharge and satisfy any judgment or decree which may be entered against it or them in respect of such claim. Any failure to so notify
the Depositor shall not affect any rights any of the foregoing Persons may have to indemnification under this Agreement or otherwise,
unless the Depositor’s defense of such claim is materially prejudiced thereby.

(f)               
The Operating Advisor agrees to indemnify each Master Servicer (including in its capacity as Companion Paying Agent, if applicable),
each Special Servicer, the Trustee, the Certificate Administrator, the Depositor, the Asset Representations Reviewer and the Trust and
any partner, director, officer, shareholder, member, manager, employee or agent thereof, and hold them harmless, from and against any
and all claims, losses, penalties, fines, forfeitures, reasonable legal fees and related costs, judgments, and any other costs, liabilities,
fees and expenses (for the avoidance of doubt, including reasonable attorneys’ fees and expenses and expenses relating to the enforcement
of such indemnity) that any of them may sustain arising from or as a result of any willful misconduct, bad faith or negligence of the
Operating Advisor, in the performance of its obligations and duties under this Agreement or by reason of negligent disregard by the Operating
Advisor of its duties and obligations hereunder or by reason of breach of any representations or warranties made herein; provided
that such indemnity shall not cover indirect or consequential damages. The applicable Master Servicer, the applicable Special Servicer,
the Trustee, the Certificate Administrator, the Asset Representations Reviewer or the Depositor, as the case may be, shall immediately
notify the Operating Advisor if a claim is made by a third party with respect to this Agreement or the Mortgage Loans entitling the Trust
to indemnification hereunder, whereupon the Operating Advisor shall assume the defense of such claim (with counsel reasonably satisfactory
to such Master Servicer (including in its capacity as Companion Paying Agent), such

    	 	-397-	 

     

    

Special Servicer, the Trustee, the Certificate
Administrator, the Asset Representations Reviewer or the Depositor) and pay all expenses in connection therewith, including counsel fees,
and promptly pay, discharge and satisfy any judgment or decree which may be entered against it or them in respect of such claim. Any failure
to so notify the Operating Advisor shall not affect any rights any of the foregoing Persons may have to indemnification under this Agreement
or otherwise, unless the Operating Advisor’s defense of such claim is materially prejudiced thereby.

(g)            
Neither the Operating Advisor nor its Affiliates or any of the partners, directors, officers, shareholders, members, managers,
employees or agents of the Operating Advisor shall be under any liability to any Certificateholder for any action taken or for refraining
from the taking of any action in good faith pursuant to this Agreement, or for errors in judgment; provided, however, that
this provision shall not protect the Operating Advisor against any liability which would otherwise be imposed by reason of willful misconduct,
bad faith or negligence in the performance of duties or by reason of negligent disregard of obligations and duties hereunder.

(h)              
The Asset Representations Reviewer agrees to indemnify each Master Servicer (including in its capacity as Companion Paying Agent,
if applicable), each Special Servicer, the Trustee, the Certificate Administrator, the Depositor, the Operating Advisor and the Trust
and any partner, director, officer, shareholder, member, manager, employee or agent thereof, and hold them harmless, from and against
any and all claims, losses, penalties, fines, forfeitures, reasonable legal fees and related costs, judgments, and any other costs, liabilities,
fees and expenses (for the avoidance of doubt, including reasonable attorneys’ fees and expenses and expenses relating to the enforcement
of such indemnity) that any of them may sustain arising from or as a result of any willful misconduct, bad faith or negligence of the
Asset Representations Reviewer, in the performance of its obligations and duties under this Agreement or by reason of negligent disregard
by the Asset Representations Reviewer of its duties and obligations hereunder or by reason of breach of any representations or warranties
made herein; provided that such indemnity shall not cover indirect or consequential damages. The applicable Master Servicer, the
applicable Special Servicer, the Trustee, the Certificate Administrator, the Operating Advisor or the Depositor, as the case may be, shall
immediately notify the Asset Representations Reviewer if a claim is made by a third party with respect to this Agreement or the Mortgage
Loans entitling the Trust to indemnification hereunder, whereupon the Asset Representations Reviewer shall assume the defense of such
claim (with counsel reasonably satisfactory to such Master Servicer (including in its capacity as Companion Paying Agent, if applicable),
such Special Servicer, the Trustee, the Certificate Administrator, the Operating Advisor or the Depositor) and pay all expenses in connection
therewith, including counsel fees, and promptly pay, discharge and satisfy any judgment or decree which may be entered against it or them
in respect of such claim. Any failure to so notify the Asset Representations Reviewer shall not affect any rights any of the foregoing
Persons may have to indemnification under this Agreement or otherwise, unless the Asset Representations Reviewer’s defense of such
claim is materially prejudiced thereby.

(i)              
The applicable Non-Serviced Master Servicer, Non-Serviced Special Servicer, Non-Serviced Certificate Administrator,
Non-Serviced Operating Advisor (if any), Non-Serviced Depositor, Non-Serviced Trustee, and any of their respective partners, directors,
officers, shareholders, members, managers, employees or agents (collectively, the “Non-Serviced Indemnified Parties”),
shall be indemnified by the Trust and held harmless against the Trust’s pro rata share (subject to the applicable Non-Serviced
Intercreditor Agreement) of any and all claims,

    	 	-398-	 

     

    

losses, penalties, fines, forfeitures, legal
fees and related costs, judgments, and any other costs, liabilities, fees and expenses (including reasonable attorneys’ fees and
expenses and expenses relating to the enforcement of such indemnity) incurred in connection with the servicing and administration of a
Non-Serviced Mortgage Loan and the related Non-Serviced Mortgaged Property under the applicable Non-Serviced PSA (as and to the same
extent the applicable Non-Serviced Trust is required to indemnify such parties in respect of other mortgage loans in the applicable Non-Serviced
Trust pursuant to the terms of the related Non-Serviced PSA).

The indemnification provided
herein shall survive the termination of this Agreement and the termination or resignation of any Master Servicer (including in its capacity
as Companion Paying Agent, if applicable), any Special Servicer, the Trustee, the Certificate Administrator, the Operating Advisor or
the Asset Representations Reviewer.

(j)                
For purposes of this Section 6.04 and Section 11.12, a Master Servicer or Special Servicer, as the case
may be, will be deemed not to have engaged in willful misconduct or committed bad faith or negligence in the performance of their respective
obligations and duties hereunder or acted in negligent disregard of such obligations and duties if such Master Servicer or such Special
Servicer, as applicable, fails to follow any terms of any Mortgage Loan documents because such Master Servicer or such Special Servicer,
as applicable, in accordance with the Servicing Standard, determines that compliance with such terms would or potentially would cause
an Adverse REMIC Event or cause the Grantor Trust to fail to qualify as a grantor trust under the relevant provisions of the Code (for
which determination such Master Servicer and such Special Servicer will be entitled to rely on advice of counsel, the cost of which will
be reimbursed as an additional expense of the Trust).

(k)              
The NCB Master Servicer shall indemnify and hold harmless the General Master Servicer and its partners, directors, officers, shareholders,
members, managers, employees or agents from and against any claims, losses, damages, penalties, fines, forfeitures, legal fees and expenses
and related costs, judgments and other costs and expenses incurred by the General Master Servicer or such Persons in connection with any
CREFC® Schedule AL File prepared by the General Master Servicer that arise out of or are based upon any error, inaccuracy
or incompleteness in any NCB CREFC® Schedule AL File or NCB Schedule AL Additional File delivered by the NCB Master Servicer
to the General Master Servicer pursuant to Section 3.12(d) or any failure by the NCB Master Servicer to deliver to the General Master
Servicer any NCB CREFC® Schedule AL File or NCB Schedule AL Additional File by the time specified in Section 3.12(d).

Section 6.05       
Depositor, Master Servicers and Special Servicers Not to Resign. Subject to the provisions of Section 6.03,
no Master Servicer or Special Servicer shall resign from its obligations and duties hereby imposed on it except upon (a) determination
that such party’s duties hereunder are no longer permissible under applicable law or (b) in the case of a Master Servicer or
a Special Servicer, upon the appointment of, and the acceptance of such appointment by, a successor (which may be appointed by the resigning
Master Servicer or Special Servicer, as applicable), and receipt by the Certificate Administrator and the Trustee of Rating Agency Confirmation
from each Rating Agency and a confirmation of any applicable rating agencies that such action will not result in the downgrade, withdrawal
or qualification of its then-current ratings of any class of Serviced Companion Loan Securities (if any) (provided that such
rating agency confirmation may be considered satisfied in the same manner as any Rating Agency Confirmation

    	 	-399-	 

     

    

may be considered satisfied with respect to
the Certificates pursuant to Section 3.25). Any such determination permitting the resignation of such Master Servicer or such
Special Servicer pursuant to clause (a) above shall be evidenced by an Opinion of Counsel (at the expense of the resigning
party) to such effect delivered to the Trustee and (prior to the occurrence and continuance of a Consultation Termination Event) the Directing
Certificateholder. Unless applicable law requires the resignation of such Master Servicer or such Special Servicer (as the case may be)
to be effective immediately, and the Opinion of Counsel delivered pursuant to the prior sentence so states, no such resignation by such
Master Servicer or such Special Servicer under clause (a) above shall become effective until the Trustee or a successor master
servicer or special servicer, as applicable, shall have assumed such Master Servicer’s or such Special Servicer’s, as applicable,
responsibilities and obligations in accordance with Section 7.02 and no such resignation by such Master Servicer or such Special
Servicer shall become effective until the Certificate Administrator shall have filed any required Form 8-K pursuant to Section 11.07
and any other Form 8-K filings have been completed with respect to any related Companion Loan. Upon any termination (as described in Section 7.01(c))
or resignation of such Master Servicer or such Special Servicer, pursuant to this Section 6.05, such Master Servicer or such
Special Servicer, as applicable, shall have the right and opportunity to appoint any successor master servicer or special servicer with
respect to this Section 6.05; provided that, such successor master servicer or special servicer shall not be the Asset
Representations Reviewer, the Operating Advisor or one of their respective Affiliates and (prior to the occurrence and continuance of
a Control Termination Event) such successor special servicer is approved by the Directing Certificateholder, such approval not to be unreasonably
withheld. The resigning party shall pay all reasonable out-of-pocket costs and expenses (including reasonable out-of-pocket
costs and expenses incurred by the Trustee and the Certificate Administrator) associated with a transfer of its duties pursuant to this
Section 6.05. Except as provided in Section 7.01(c), in no event shall such Master Servicer or such Special Servicer
have the right to appoint any successor master servicer or special servicer if such Master Servicer or Special Servicer, as applicable,
is terminated or removed pursuant to Section 7.01.

Section 6.06       
Rights of the Depositor in Respect of each applicable Master Servicer and Special Servicer. The Depositor may, but is not
obligated to, enforce the obligations of any Master Servicer and any Special Servicer hereunder and may, but is not obligated to, perform,
or cause a designee to perform, any defaulted obligation of any Master Servicer and any Special Servicer hereunder or exercise the rights
of any Master Servicer or any Special Servicer, as applicable, hereunder; provided, however, that any Master Servicer and
any Special Servicer shall not be relieved of any of their respective obligations hereunder by virtue of such performance by the Depositor
or its designee. The Depositor shall not have any responsibility or liability for any action or failure to act by any Master Servicer
or any Special Servicer and is not obligated to supervise the performance of the Trustee, any Master Servicer, the Operating Advisor or
any Special Servicer under this Agreement or otherwise.

Section 6.07       
Master Servicers and Special Servicers as Certificate Owners. Any Master Servicer, any Special Servicer or any Affiliate
thereof may become the Holder of (or, in the case of a Book-Entry Certificate, Certificate Owner with respect to) any Certificate
with (except as otherwise set forth in the definition of “Certificateholder”) the same rights it would have if it were
not a Master Servicer, a Special Servicer or an Affiliate thereof.

    	 	-400-	 

     

    

Section 6.08       
The Directing Certificateholder and the Risk Retention Consultation Party. (a) (A) Other than with respect to any
Serviced AB Whole Loan that is not subject to an AB Control Appraisal Period, for so long as no Control Termination Event has occurred
and is continuing, the Directing Certificateholder shall be entitled to advise (1) the applicable Special Servicer, with respect
to all Major Decisions for all Serviced Mortgage Loans (other than with respect to any Excluded Loan with respect to the Directing Certificateholder
or the holder of the majority of the Controlling Class), (2) the applicable Special Servicer, with respect to all Serviced Mortgage Loans,
as to the Special Servicer Decisions described in clauses (iv), (v), (vi) and (vii) of the definition of
“Special Servicer Decision”, and (3) the applicable Master Servicer, to the extent the Directing Certificateholder’s
consent is required by the applicable clauses of the definition of “Master Servicer Decision”, and shall have the right to
replace the applicable Special Servicer with or without cause pursuant to Section 7.01(d) and have certain other rights described
below, and (B) the Risk Retention Consultation Party shall (other than with respect to an Excluded Loan with respect to the Risk Retention
Consultation Party or the holder of the majority of the RR Interest) be entitled to consult on a strictly non-binding basis with the
applicable Special Servicer with respect to any Major Decision (provided that prior to the occurrence and continuance of a Consultation
Termination Event, the related Mortgage Loan must also be a Specially Serviced Loan). For the avoidance of doubt, any consultation with
the Risk Retention Consultation Party under this Agreement shall occur only upon the request of the Risk Retention Consultation Party
with respect to any individual triggering event, and any such consultation shall be on a strictly non-binding basis and shall be subject
to all limitations with respect to the procedures and timing of such consultation set forth in this Section 6.08.

Notwithstanding anything
herein to the contrary, except as set forth in, and in any event subject to, the third and fourth paragraphs of this Section 6.08(a)
and Section 6.08(b), for so long as no Control Termination Event has occurred and is continuing, the applicable Special Servicer
shall not be permitted to take (x) with respect to any Serviced AB Whole Loan (but only prior to the occurrence and continuance of a Control
Appraisal Period), any “major decision” under the related Intercreditor Agreement or (y) any of the following actions with
respect to any Mortgage Loan (other than a Non-Serviced Mortgage Loan) or Serviced Whole Loan (and in the case of clause (xii), a Non-Serviced
Mortgage Loan) (each such action described in clause (x) or clause (y), a “Major Decision”) without the Directing Certificateholder’s
consent (provided that if such written consent has not been received by such Special Servicer within ten (10) Business Days after the
Directing Certificateholder’s receipt of the applicable Special Servicer’s written recommendation and analysis and all information
reasonably requested by the Directing Certificateholder, and reasonably available to the applicable Special Servicer in order to grant
or withhold such consent, the Directing Certificateholder will be deemed to have approved such action):

(i)                  
any proposed or actual foreclosure upon or comparable conversion (which may include acquisition of an REO Property) of the ownership
of properties securing any Serviced Mortgage Loan or Serviced Companion Loan that comes into and continues in default;

(ii)               
any modification, consent to a modification or waiver of any monetary term (other than late fees and Default In terest) or material
non-monetary term (including, without limitation, the timing of payments and acceptance of discounted payoffs and

    	 	-401-	 

     

    

Payment Accommodations)) of a Serviced
Mortgage Loan or Serviced Whole Loan or any extension of the maturity date of such Mortgage Loan or Serviced Whole Loan other than in
connection with a maturity default if refinancing or sale is expected within 120 days as provided in clause (viii) of
the definition of “Master Servicer Decision”;

(iii)              
following a default or an event of default with respect to a Mortgage Loan or Serviced Whole Loan, any exercise of remedies, including
the acceleration of the Mortgage Loan or Serviced Whole Loan or initiation of any proceedings, judicial or otherwise, under the related
Mortgage Loan documents;

(iv)            
any sale of a Defaulted Loan and any related defaulted Companion Loan, or any REO Property (other than in connection with the
termination of the Trust) or a defaulted Non-Serviced Mortgage Loan that the applicable Special Servicer is permitted to sell in accordance
with Section 3.16(a)(iii) of this Agreement, in each case, for less than the applicable Purchase Price;

(v)               
any determination to bring an REO Property into compliance with applicable environmental laws or to otherwise address hazardous
material located at an REO Property;

(vi)           
any release of material collateral or any acceptance of substitute or additional collateral for a Serviced Mortgage Loan or Serviced
Whole Loan or any consent to either of the foregoing, other than if required pursuant to the specific terms of the related Mortgage Loan
documents and for which there is no lender discretion and other than the items listed in clauses (ii), (v) and (xv)
of the definition of “Master Servicer Decision”;

(vii)         
any waiver of a “due-on-sale” or “due-on-encumbrance” clause with respect to a Serviced
Mortgage Loan or a Serviced Whole Loan or any consent to such a waiver or consent to a transfer of the Mortgaged Property or interests
in the Mortgagor, other than (A) any such transfer as described under clause (xiii) of the definition of “Master
Servicer Decision” or any encumbrance as described under clause (xiv) of the definition of “Master Servicer Decision”
or (B) solely with respect to an NCB Co-op Mortgage Loan, provided that the NCB Subordinate Debt Conditions have been satisfied with
respect thereto (a) the waiver of a “due-on-encumbrance” clause relating to an NCB Co-op Mortgage Loan to permit subordinate
debt secured by the related Mortgaged Property and (b) the incurrence of additional indebtedness by a Mortgagor of an NCB Co-op Mortgage
Loan;

(viii)        
other than in the case of an NCB Co-op Mortgage Loan, any property management company changes with respect to a Mortgage Loan,
including without limitation, approval of the termination of a manager and appointment of a new property manager, in each case, if the
replacement property manager is a Borrower Party or the Mortgage Loan has an outstanding principal balance equal to or greater than $10,000,000;

(ix)               
any franchise changes with respect to a Mortgage Loan for which the lender is required to consent or approve such changes under
the related Mortgage Loan documents;

    	 	-402-	 

     

    

(x)               
 other than in the case of any Non-Specially Serviced Loan or any Mortgage Loan secured by a residential cooperative property sold
to the Depositor by National Cooperative Bank, N.A., releases of any material amounts from escrow accounts, reserve accounts or letters
of credit, in each case held as performance escrows or reserves, other than those required pursuant to the specific terms of the related
Serviced Mortgage Loan or Serviced Whole Loan and for which there is no lender discretion, and other than those that are permitted to
be undertaken by the applicable Master Servicer without the consent of the applicable Special Servicer hereunder;

(xi)            
any acceptance of an assumption agreement or any other agreement permitting a transfer of interests in a Mortgagor or guarantor
releasing a Mortgagor or guarantor from liability under a Serviced Mortgage Loan or Serviced Whole Loan other than pursuant to the specific
terms of such Mortgage Loan or Serviced Whole Loan and for which there is no lender discretion;

(xii)           
subject to the proviso at the end of this definition, any modification, amendment, consent to a modification or waiver of any
material term of any Intercreditor Agreement or any action to enforce rights (or decision not to enforce rights) with respect thereto;
provided, that any such modification or amendment that would adversely impact the applicable Master Servicer shall additionally
require the consent of the applicable Master Servicer as a condition to its effectiveness;

(xiii)         
agreeing to any modification, waiver, consent or amendment of the related Mortgage Loan or Serviced Whole Loan in connection with
a defeasance if such proposed modification, waiver, consent or amendment is with respect to (A) a modification of the type of
defeasance collateral required under the Mortgage Loan or Serviced Whole Loan documents such that defeasance collateral other than direct,
non-callable obligations of the United States would be permitted or (B) a modification that would permit a principal prepayment
instead of defeasance if the applicable loan documents do not otherwise permit such principal prepayment;

(xiv)        
other than with respect to a Non-Specially Serviced Loan, any determination of Acceptable Insurance Default; and

(xv)           
any consent to incurrence of additional debt by a Mortgagor or mezzanine debt by a direct or indirect parent of a Mortgagor, to
the extent the mortgagee’s approval is required under the related Mortgage Loan documents, other than with respect to an NCB Co-op
Mortgage Loan, as to which the NCB Subordinate Debt Conditions have been satisfied;

provided that with
respect to any Non-Specially Serviced Loan or any Non-Serviced Mortgage Loan, if the applicable Special Servicer determines, with respect
to clause (xii) above, that a modification, amendment or waiver is administrative in nature, including a note splitting amendment, the
applicable Special Servicer shall provide written notice of such determination to the applicable Master Servicer, in which case, the applicable
Master Servicer shall process such decision and such decision shall be deemed to be a Master Servicer Decision not a Major Decision; provided,
further, that the applicable Special Servicer shall make any such determination and

    	 	-403-	 

     

    

provide any such notice within two (2) business
days of its receipt of a request related to any such decision;

provided, further,
that in the event that the applicable Special Servicer or the applicable Master Servicer, as the case may be, determines that immediate
action, with respect to the foregoing matters or any Master Servicer Decision, Special Servicer Decision, or any other matter requiring
consent of the Directing Certificateholder prior to the occurrence and continuance of a Control Termination Event in this Agreement (or
any matter requiring consultation with the Directing Certificateholder, the Risk Retention Consultation Party or the Operating Advisor),
is necessary to protect the interests of the Certificateholders (or, with respect to any Serviced Whole Loan, the interest of the Certificateholders
and the holders of any related Serviced Companion Loan) (as a collective whole (taking into account the subordinate or pari passu
nature of any Companion Loans)), the applicable Special Servicer or the applicable Master Servicer, as the case may be, may take any such
action without waiting for the Directing Certificateholder’s response (or without waiting to consult with the Directing Certificateholder,
the Risk Retention Consultation Party or the Operating Advisor, as the case may be); provided that if such matter requires consent
of or consultation with the Directing Certificateholder, the Risk Retention Consultation Party or the Operating Advisor pursuant to this
Agreement, the applicable Special Servicer or the applicable Master Servicer, as the case may be, provides the Directing Certificateholder
(or the Operating Advisor, if applicable) and the Risk Retention Consultation Party (if applicable) with prompt written notice following
such action including a reasonably detailed explanation of the basis therefor. None of the applicable Master Servicer or the applicable
Special Servicer is required to obtain the consent of the Directing Certificateholder for any of the foregoing actions or any other matter
requiring consent of the Directing Certificateholder after the occurrence and during the continuance of a Control Termination Event; provided,
however, that, after the occurrence and during the continuance of a Control Termination Event, the applicable Special Servicer
shall consult with the Directing Certificateholder (only prior to the occurrence and continuance of a Consultation Termination Event)
in connection with any Major Decision not relating to an Excluded Loan with respect to the Directing Certificateholder (and any other
actions which otherwise require consultation with the Directing Certificateholder prior to the occurrence and continuance of a Consultation
Termination Event hereunder) and consider alternative actions recommended by the Directing Certificateholder in respect thereof. Additionally,
upon request, the Special Servicer shall consult with the Risk Retention Consultation Party on a non-binding basis (provided, that prior
to the occurrence and continuance of a Consultation Termination Event, the related Mortgage Loan must also be a Specially Serviced Loan)
in connection with any Major Decision not relating to an Excluded Loan with respect to the Risk Retention Consultation Party and consider
alternative actions recommended by the Risk Retention Consultation Party in respect thereof. In the event the applicable Special Servicer
receives no response from the Directing Certificateholder or the Risk Retention Consultation Party within ten (10) Business Days following
its written request for input on any required consultation, the applicable Special Servicer shall not be obligated to consult with the
Directing Certificateholder or the Risk Retention Consultation Party, as applicable, on the specific matter; provided, however,
that the failure of the Directing Certificateholder or the Risk Retention Consultation Party to respond shall not relieve the applicable
Special Servicer from consulting with the Directing Certificateholder or the Risk Retention Consultation Party, as applicable, on any
future matters with respect to the applicable Mortgage Loan (other than a Non-Serviced Mortgage Loan or an Excluded Loan with respect
to such party) or Serviced Whole Loan. In addition, after a Control Termination Event, the applicable

    	 	-404-	 

     

    

Special Servicer will also be required to consult
with the Operating Advisor in connection with any proposed Major Decision (and any other actions which otherwise require consultation
with the Operating Advisor after the occurrence and during the continuance of a Control Termination Event hereunder) and consider alternative
actions recommended by the Operating Advisor, in respect thereof, provided that such consultation is on a non-binding basis.
In the event that the applicable Special Servicer receives no response from the Operating Advisor within ten (10) Business Days following
the later of (i) its written request for input on any required consultation and (ii) delivery of all such additional information
reasonably requested by the Operating Advisor related to the subject matter of such consultation, the applicable Special Servicer shall
not be obligated to consult with the Operating Advisor on the specific matter; provided, however, that the failure of the
Operating Advisor to respond on any specific matters shall not relieve the applicable Special Servicer from its obligation to consult
with the Operating Advisor on any future matter with respect to the applicable Mortgage Loan or any other Mortgage Loan. Notwithstanding
anything herein to the contrary, with respect to any Excluded Loan with respect to the Directing Certificateholder or the holder of the
majority of the Controlling Class (regardless of whether a Control Termination Event has occurred and is continuing), the applicable Special
Servicer shall consult with the Operating Advisor, on a non-binding basis, in connection with the related transactions involving proposed
Major Decisions and consider alternative actions recommended by the Operating Advisor, in respect thereof, in accordance with the procedures
set forth in this Section 6.08 for consulting with the Operating Advisor.

Subject to the terms and
conditions of this Section 6.08(a), the applicable Special Servicer shall process all requests in respect of Specially Serviced
Loans and any matter that constitutes a Major Decision or a Special Servicer Decision.

Upon receiving a request
for any matter that constitutes a Special Servicer Decision or a Major Decision with respect to a Serviced Mortgage Loan and any Serviced
Companion Loan that is not a Specially Serviced Loan, the applicable Master Servicer shall promptly forward such request to the applicable
Special Servicer and the applicable Special Servicer shall process such request (including, without limitation, interfacing with the Mortgagor)
and the Master Servicer will have no further obligation with respect to such request or the Special Servicer Decision or Major Decision
except as provided in the next sentence. With respect to such request, such Master Servicer shall continue to cooperate with reasonable
requests of the Special Servicer by delivering any additional information in the Master Servicer’s possession to the Special Servicer
that is reasonably requested by the Special Servicer relating to such Special Servicer Decision or Major Decision. Prior to the occurrence
of a Consultation Termination Event, the applicable Special Servicer shall promptly forward such request to the Directing Certificateholder
together with the Special Servicer’s written recommendation and analysis. The Directing Certificateholder shall promptly provide
notice to the applicable Special Servicer of any objection the Directing Certificateholder has to the applicable Special Servicer’s
written recommendation and analysis (provided that if such written consent has not been received by the Special Servicer within
the applicable time period, then the Directing Certificateholder will be deemed to have approved such action).

In addition, the applicable
Master Servicer shall provide the applicable Special Servicer with any notice that it receives relating to a default by the Mortgagor
under a Ground Lease where the collateral for the Mortgage Loan is the Ground Lease, and the applicable Special

    	 	-405-	 

     

    

Servicer will determine in accordance with
the Servicing Standard whether the Trust as lender should cure any Mortgagor defaults relating to Ground Leases. Any costs relating to
any such cure of a Mortgagor default relating to a Ground Lease shall be paid by the applicable Master Servicer as a Servicing Advance.

With respect to (i) prior to
the occurrence and continuance of a Consultation Termination Event, any Major Decision relating to a Specially Serviced Loan, and (ii)
after the occurrence and during the continuance of a Consultation Termination Event, any Major Decision relating to a Mortgage Loan (in
each case, other than with respect to an Excluded Loan with respect to the Risk Retention Consultation Party or the holder of the majority
of the RR Interest), the applicable Special Servicer shall provide copies of any notice, information and report that it is required to
provide to the Directing Certificateholder pursuant to this Agreement with respect to such Major Decision to the Risk Retention Consultation
Party, within the same time frame it is required to provide such notice, information or report to the Directing Certificateholder (for
this purpose, without regard to whether such items are actually required to be provided to the Directing Certificateholder under this
Agreement due to the occurrence of a Control Termination Event or a Consultation Termination Event).

In addition, with respect
to any Mortgage Loan other than an Excluded Loan with respect to the Directing Certificateholder or the Holder of the majority of the
Controlling Class, for so long as no Control Termination Event has occurred and is continuing, the Directing Certificateholder subject
to any rights, if any, of the related Companion Holder to advise the applicable Special Servicer with respect to the related Serviced
Whole Loan, pursuant to the terms of the related Intercreditor Agreement, may direct the applicable Special Servicer to take, or to refrain
from taking, such other actions with respect to a Mortgage Loan, as the Directing Certificateholder may deem advisable or as to which
provision is otherwise made herein; provided that notwithstanding anything herein to the contrary, no such direction or objection
contemplated by the preceding paragraphs of this Section 6.08(a) or this paragraph may require or cause the applicable Master Servicer
or applicable Special Servicer to violate any provision of any Mortgage Loan or related Intercreditor Agreement or mezzanine intercreditor
agreement, applicable law, this Agreement, or the REMIC Provisions (and, with respect to a Serviced Whole Loan, subject to the rights
of the holders of the related Companion Loan), including without limitation the obligation of any Master Servicer and any Special Servicer
to act in accordance with the Servicing Standard, or expose any Master Servicer, any Special Servicer, the Certificate Administrator,
the Operating Advisor, the Asset Representations Reviewer, the Trust or the Trustee to liability, or materially expand the scope of the
responsibilities of any Master Servicer or any Special Servicer, as applicable, hereunder or cause any Master Servicer or any Special
Servicer, as applicable, to act, or fail to act, in a manner which in the reasonable judgment of the applicable Master Servicer or the
applicable Special Servicer, as the case may be, is not in the best interests of the Certificateholders.

In the event a Special Servicer
or a Master Servicer, as applicable, determines that a refusal to consent by the Directing Certificateholder or any advice from the Directing
Certificateholder or the Risk Retention Consultation Party, would cause such Special Servicer or such Master Servicer, as applicable,
to violate the terms of any Mortgage Loan, applicable law or this Agreement, including without limitation, the Servicing Standard, such
Special Servicer or such Master Servicer, as applicable, shall disregard such refusal to consent or advise and notify

    	 	-406-	 

     

    

the Directing Certificateholder or the Risk
Retention Consultation Party, respectively, and the Trustee and the Rating Agencies of its determination, including a reasonably detailed
explanation of the basis therefor. The taking of, or refraining from taking, any action by such Master Servicer or such Special Servicer
in accordance with the direction of or approval of the Directing Certificateholder or the approval of the Risk Retention Consultation
Party that does not violate the terms of any Mortgage Loan, applicable law or the Servicing Standard or any other provisions of this Agreement,
will not result in any liability on the part of such Master Servicer or such Special Servicer.

With respect to any matter
for which the consent or consultation of the Directing Certificateholder or Risk Retention Consultation Party is required, to the extent
no specific time period for deemed consent or deemed waiver of consultation rights is expressly stated, in the event no response from
the Directing Certificateholder or Risk Retention Consultation Party, as applicable, is received within ten (10) Business Days following
written request for consent or consultation and receipt of all reasonably requested information on any required consent or consultation,
the Directing Certificateholder or Risk Retention Consultation Party, as applicable, shall be deemed to have consented to or approved
or consulted on the specific matter; provided that the failure of the Directing Certificateholder or Risk Retention Consultation Party,
as applicable, to respond will not affect any future matters with respect to the applicable Mortgage Loan or any other Mortgage Loan.

The Directing Certificateholder
shall have no liability to the Trust or the Certificateholders for any action taken, or for refraining from the taking of any action,
or for errors in judgment; provided, however, that the Directing Certificateholder shall not be protected against any liability
to a Controlling Class Certificateholder that would otherwise be imposed by reason of willful misconduct, bad faith or negligence in the
performance of duties owed to the Controlling Class Certificateholders or by reason of reckless disregard of obligations or duties owed
to the Controlling Class Certificateholders. By its acceptance of a Certificate, each Certificateholder acknowledges and agrees that the
Directing Certificateholder may take actions that favor the interests of one or more Classes of the Certificates including the Holders
of the Controlling Class over other Classes of the Certificates, and that the Directing Certificateholder may have special relationships
and interests that conflict with those of Holders of some Classes of the Certificates, that the Directing Certificateholder may act solely
in the interests of the Holders of the Controlling Class, including the Holders of the Controlling Class, that the Directing Certificateholder
does not have any duties or liability to the Holders of any Class of Certificates other than the Controlling Class, that the Directing
Certificateholder shall not be liable to any Certificateholder, by reason of its having acted solely in the interests of the Holders of
the Controlling Class, and that the Directing Certificateholder shall have no liability whatsoever (other than to a Controlling Class
Certificateholder) for having so acted, and no Certificateholder may take any action whatsoever against the Directing Certificateholder
or any director, officer, employee, agent or principal thereof for having so acted.

The Risk Retention Consultation
Party shall have no liability to the Trust or the Certificateholders for any action taken, or for refraining from the taking of any action,
or for errors in judgment; provided, however, that the Risk Retention Consultation Party shall not be protected against
any liability to a Holder of an RR Interest that would otherwise be imposed by reason of willful misconduct, bad faith or gross negligence
in the performance of duties owed to the Holders

    	 	-407-	 

     

    

of the RR Interest or by reason of reckless
disregard of obligations or duties owed to the Holders of the RR Interest. By its acceptance of a Certificate, each Certificateholder
acknowledges and agrees that the Risk Retention Consultation Party may take actions that favor the interests of one or more Classes of
the Certificates including the Holders of an RR Interest over other Classes of the Certificates, and that the Risk Retention Consultation
Party may have special relationships and interests that conflict with those of Holders of some Classes of the Certificates, that the Risk
Retention Consultation Party may act solely in the interests of the Holders of an RR Interest, that the Risk Retention Consultation Party
does not have any duties or liability to the Holders of any Class of Certificates other than the RR Interest, that the Risk Retention
Consultation Party shall not be liable to any Certificateholder, by reason of its having acted solely in the interests of the Holder of
the RR Interest, and that the Risk Retention Consultation Party shall have no liability whatsoever for having so acted, and no Certificateholder
may take any action whatsoever against the Risk Retention Consultation Party or any director, officer, employee, agent or principal thereof
for having so acted.

Any Non-Serviced Whole Loan
Controlling Holder, with respect to a Non-Serviced Whole Loan, shall have no liability to the Trust or the Certificateholders for
any action taken, or for refraining from the taking of any action, or for errors in judgment. By its acceptance of a Certificate, each
Certificateholder acknowledges and agrees that any such Non-Serviced Whole Loan Controlling Holder, with respect to the related Non-Serviced
Whole Loan, may take actions that favor the interests of one or more classes of the certificates issued under the related Non-Serviced
PSA including the holders of the controlling class under such Non-Serviced PSA over other classes of the certificates issued under the
Non-Serviced PSA and/or any Class of Certificates, and that such Non-Serviced Whole Loan Controlling Holder, with respect to such Non-Serviced
Whole Loan, may have special relationships and interests that conflict with those of Holders of some Classes of the Certificates, that
such Non-Serviced Whole Loan Controlling Holder, with respect to such Non-Serviced Whole Loan, may act solely in the interests of the
Holders of the controlling class under the related Non-Serviced PSA, that such Non-Serviced Whole Loan Controlling Holder, shall not be
liable to any Certificateholder, by reason of its having acted solely in the interests of the Holders of the controlling class under the
related Non-Serviced PSA, and that the Non-Serviced Whole Loan Controlling Holder, with respect to such Non-Serviced Whole Loan, shall
have no liability whatsoever for having so acted, and no Certificateholder may take any action whatsoever against such Non-Serviced Whole
Loan Controlling Holder, with respect to such Non-Serviced Whole Loan, or any director, officer, employee, agent or principal thereof
for having so acted.

Notwithstanding anything
to the contrary contained herein (i) after the occurrence and during the continuance of a Control Termination Event (and at any time
with respect to any Excluded Loan with respect to a Directing Certificateholder), the Directing Certificateholder shall have no right
to consent to or direct any action taken or not taken by any party to this Agreement; (ii) after the occurrence and during the continuance
of a Control Termination Event but prior to the occurrence and continuance of a Consultation Termination Event, the Directing Certificateholder
and the Risk Retention Consultation Party shall remain entitled to receive any notices, reports or information to which it is entitled
pursuant to this Agreement, and the applicable Special Servicer and any other applicable party shall consult (on a non-binding basis)
with the Directing Certificateholder and, with respect to any Specially Serviced Loan, the Risk Retention Consultation Party (in each
case, other than with respect to any Excluded Loan as to such party)

    	 	-408-	 

     

    

to the extent set forth herein in connection
with any Major Decision to be taken or refrained from being taken to the extent set forth herein; and (iii) after the occurrence
and during the continuance of a Consultation Termination Event (and at any time with respect to any Excluded Loan with respect to the
Directing Certificateholder or the holder of the majority of the Controlling Class), the Directing Certificateholder shall have no direction,
consultation or consent rights hereunder and no right to receive any notices, reports or information (other than notices, reports or information
required to be delivered to all Certificateholders) or any other rights as Directing Certificateholder and, other than with respect to
any Excluded Loan with respect to the Risk Retention Consultation Party or the holder of a majority of the RR Interest, the Risk Retention
Consultation Party shall remain entitled to receive any notices, reports or information to which it is entitled pursuant to this Agreement,
and the applicable Special Servicer and any other applicable party shall consult with the Risk Retention Consultation Party (on a non-binding
basis) to the extent set forth herein in connection with any Major Decision to be taken or refrained from being taken to the extent set
forth herein.

Section 6.09       
Knowledge of Wells Fargo Bank, National Association. Except as otherwise expressly set forth in this Agreement, Wells Fargo
Bank, National Association acting in any particular capacity hereunder will not be deemed to be imputed with knowledge of (a) Wells
Fargo Bank, National Association, acting in a capacity that is unrelated to the transactions contemplated by this Agreement, or (b) Wells
Fargo Bank, National Association, acting in any other capacity hereunder, except, in the case of either clause (a) or clause (b),
where some or all of the obligations performed in such capacities are performed by one or more employees within the same group or division
of Wells Fargo Bank, National Association, or where the groups or divisions responsible for performing the obligations in such capacities
have one or more of the same Responsible Officers or Servicing Officers, as applicable.

Section 6.10       
Knowledge of Computershare Trust Company, National Association. Except as otherwise expressly set forth in this Agreement,
knowledge or information acquired by Computershare Trust Company, National Association, in any particular capacity hereunder, shall not
be imputed to Computershare Trust Company, National Association in any of its other capacities hereunder or to Computershare Trust Company,
National Association, acting in a capacity that is unrelated to the transactions contemplated by this Agreement.

[End of Article VI]

Article VII

SERVICER TERMINATION EVENTS

Section 7.01       
Servicer Termination Events; Master Servicers and Special Servicers Termination. (a) “Servicer
Termination Event”, wherever used herein, means, with respect to any Master Servicer or any Special Servicer, as the case may
be, any one of the following events:

(i)                
(A) any failure by such Master Servicer to make any deposit required to be made by such Master Servicer to its Collection
Account, or remit to the Companion Paying Agent for deposit into the related Companion Distribution Account, on the day and by the

    	 	-409-	 

     

    

time such deposit or remittance is first
required to be made under the terms of this Agreement, which failure is not remedied within one (1) Business Day or (B) any failure
by such Master Servicer to deposit into, or remit to the Certificate Administrator for deposit into, any Distribution Account any amount
required to be so deposited or remitted, which failure is not remedied by 11:00 a.m. (New York City time) on the relevant Distribution
Date; or

(ii)                
any failure by such Special Servicer to deposit into the REO Account, within one (1) Business Day after such deposit is required
to be made or to remit to the applicable Master Servicer for deposit into the applicable Collection Account or any other required account
hereunder, any amount required to be so deposited or remitted by such Special Servicer pursuant to, and at the time specified by, the
terms of this Agreement; or

(iii)              
any failure on the part of such Master Servicer or such Special Servicer, as the case may be, duly to observe or perform in any
material respect any of its other covenants or obligations contained in this Agreement, which failure continues unremedied for a period
of thirty (30) days (or (A) with respect to any year that a report on Form 10-K is required to be filed, five (5) Business
Days in the case of such Master Servicer’s or such Special Servicer’s obligations, as the case may be, contemplated by Article XI,
(B) fifteen (15) days in the case of such Master Servicer’s failure to make a Servicing Advance or (C) fifteen (15) days
in the case of a failure to pay the premium for any property insurance policy required to be maintained) after the date on which written
notice of such failure, requiring the same to be remedied, shall have been given (A) to such Master Servicer or such Special Servicer,
as the case may be, by any other party hereto, or (B) to such Master Servicer or such Special Servicer, as the case may be, with
a copy to each other party to this Agreement, by the Holders of Certificates evidencing not less than 25% of all Voting Rights or, solely
as it relates to the servicing of a Serviced Pari Passu Whole Loan if affected by that failure, by the related Serviced Companion Noteholder;
provided, however, if such failure is capable of being cured and such Master Servicer or such Special Servicer, as applicable,
is diligently pursuing such cure, such period will be extended an additional thirty (30) days; provided, further, however,
that such extended period will not apply to the obligations regarding Exchange Act reporting; or

(iv)             
any breach on the part of such Master Servicer or such Special Servicer, as the case may be, of any representation or warranty
contained in Section 6.01(a) or Section 6.01(b), as applicable, which materially and adversely affects the
interests of any Class of Certificateholders or Companion Holders (excluding the holder of any Non-Serviced Companion Loan) and which
continues unremedied for a period of thirty (30) days after the date on which notice of such breach, requiring the same to be remedied,
shall have been given to such Master Servicer or such Special Servicer, as the case may be, by the Depositor, the Certificate Administrator
or the Trustee, or to such Master Servicer, such Special Servicer, the Depositor, the Certificate Administrator and the Trustee by the
Holders of Certificates evidencing not less than 25% of all Voting Rights or, as it relates to the servicing of a Serviced Pari Passu
Whole Loan affected by such breach, by the related Serviced Companion Noteholder; provided, however, that if such breach
is capable of being cured and such Master Servicer or such Special Servicer, as the case may be, is

    	 	-410-	 

     

    

diligently pursuing such cure, such 30-day
period will be extended an additional thirty (30) days; or

(v)              
a decree or order of a court or agency or supervisory authority having jurisdiction in the premises in an involuntary case under
any present or future federal or state bankruptcy, insolvency or similar law for the appointment of a conservator, receiver, liquidator,
trustee or similar official in any bankruptcy, insolvency, readjustment of debt, marshalling of assets and liabilities or similar proceedings,
or for the winding-up or liquidation of its affairs, shall have been entered against such Master Servicer or such Special Servicer,
as the case may be, and such decree or order shall have remained in force undischarged, undismissed or unstayed for a period of sixty
(60) days; or

(vi)            
such Master Servicer or such Special Servicer shall consent to the appointment of a conservator, receiver, liquidator, trustee
or similar official in any bankruptcy, insolvency, readjustment of debt, marshalling of assets and liabilities or similar proceedings
of or relating to such Master Servicer or such Special Servicer, as the case may be, or of or relating to all or substantially all of
its property; or

(vii)           
such Master Servicer or such Special Servicer shall admit in writing its inability to pay its debts generally as they become due,
file a petition to take advantage of any applicable bankruptcy, insolvency or reorganization statute, make an assignment for the benefit
of its creditors, voluntarily suspend payment of its obligations or take any corporate action in furtherance of the foregoing;

(viii)         
such Master Servicer or such Special Servicer, as the case may be, is removed from S&P’s Select Servicer List as a “U.S.
Commercial Mortgage Master Servicer” or a “U.S. Commercial Mortgage Special Servicer”, as applicable, and is not restored
to such status on such list within sixty (60) days;

(ix)              
(a) such Master Servicer or such Special Servicer, as applicable, has failed to maintain a ranking by DBRS Morningstar equal to
or higher than “MOR CS3” as a master servicer or a special servicer, as applicable, and such ranking is not reinstated within
sixty (60) days of such event (if such Master Servicer or such Special Servicer, as applicable, has or had a DBRS Morningstar ranking
on or after the Closing Date) or (b) if such Master Servicer or such Special Servicer, as applicable, has not been ranked by DBRS Morningstar
on or after the Closing Date, and DBRS Morningstar has qualified, downgraded or withdrawn the then-current rating or ratings of one or
more Classes of Certificates or Serviced Pari Passu Companion Loan Securities or placed one or more Classes of Certificates or Serviced
Pari Passu Companion Loan Securities on “watch status” in contemplation of a rating downgrade or withdrawal, publicly citing
servicing concerns with such Master Servicer or such Special Servicer, as applicable, as the sole or material factor in such rating action
(and such qualification, downgrade, withdrawal or “watch status” placement has not been withdrawn by DBRS Morningstar within
sixty (60) days of such event); or

    	 	-411-	 

     

    

(x)              
 such Master Servicer or such Special Servicer, as the case may be, is no longer rated at least “CMS3” or “CSS3”,
respectively, by Fitch and such Master Servicer or Special Servicer is not reinstated to at least that rating within 60 days of the delisting.

(b)              
If any Servicer Termination Event with respect to a Master Servicer or a Special Servicer (in either case, for purposes of this
Section 7.01(b), the “Affected Party”) shall occur and be continuing, then, and in each and every such
case, so long as such Servicer Termination Event shall not have been remedied, the Trustee may, and at the written direction of the Directing
Certificateholder (solely with respect to such Special Servicer and only (i) prior to the occurrence and continuance of a Control
Termination Event and (ii) other than with respect to a Mortgage Loan that is an Excluded Loan with respect to the Directing Certificateholder
or the Holder of the majority of the Controlling Class) or the Holders of Certificates entitled to more than 25% of the Voting Rights,
the Trustee shall, terminate (and the Depositor may direct the Trustee to terminate each of such Master Servicer or such Special Servicer,
as the case may be, upon five (5) Business Days’ written notice if there is a Servicer Termination Event under clause (A)
in the parenthetical in Section 7.01(a)(iii) above), by notice in writing to the Affected Party, with a copy of such notice
to the Depositor and the Operating Advisor, all of the rights (subject to Section 3.11 and Section 6.04) and obligations
of the Affected Party under this Agreement and in and to the Mortgage Loans and the proceeds thereof (other than as a Certificateholder
or Companion Holder, if applicable); provided, however, that the Affected Party shall be entitled to the payment of accrued
and unpaid compensation and reimbursement through the date of such termination as provided for under this Agreement for services rendered
and expenses incurred. From and after the receipt by the Affected Party of such written notice except as otherwise provided in this Article VII,
all authority and power of the Affected Party under this Agreement, whether with respect to the Certificates (other than as a Holder of
any Certificate) or the Mortgage Loans or otherwise, shall pass to and be vested in the Trustee with respect to a termination of such
Master Servicer or such Special Servicer pursuant to and under this Section 7.01, and, without limitation, the Trustee is
hereby authorized and empowered to execute and deliver, on behalf of and at the expense of the Affected Party, as attorney-in-fact
or otherwise, any and all documents and other instruments, and to do or accomplish all other acts or things necessary or appropriate to
effect the purposes of such notice of termination, whether to complete the transfer and endorsement or assignment of the Mortgage Loans
and related documents, or otherwise. Such Master Servicer and such Special Servicer each agree that if it is terminated pursuant to this
Section 7.01(b), it shall promptly (and in any event no later than twenty (20) Business Days subsequent to its receipt of
the notice of termination) provide the Trustee with all documents and records requested by it to enable it to assume such Master Servicer’s
or such Special Servicer’s, as the case may be, functions hereunder, and shall cooperate with the Trustee in effecting the termination
of such Master Servicer’s or such Special Servicer’s, as the case may be, responsibilities and rights (subject to Section 3.11
and Section 6.04) hereunder, including, without limitation, the transfer within five (5) Business Days to the Trustee for
administration by it of all cash amounts which shall at the time be or should have been credited by such Master Servicer to its Collection
Account or any Servicing Account (if it is the Affected Party), by such Special Servicer to the REO Account (if it is the Affected Party)
or thereafter be received with respect to the applicable Mortgage Loans or any REO Property (provided, however, that such
Master Servicer and such Special Servicer each shall, if terminated pursuant to this Section 7.01(b) or pursuant to Section 7.01(d)
(with respect to such Special Servicer), continue to be entitled to receive all amounts accrued or owing to it under this Agreement on
or prior to the date of such termination, whether in respect of Advances (in the

    	 	-412-	 

     

    

case of such Special Servicer or such Master
Servicer) or otherwise, and it and its Affiliates and the directors, managers, officers, members, employees and agents of it and its Affiliates
shall continue to be entitled to the benefits of Section 3.11 and Section 6.04 notwithstanding any such termination).

(c)              
If a Master Servicer receives notice of termination under Section 7.01(b) solely due to a Servicer Termination Event
under Section 7.01(a)(viii), (a)(ix) or (a)(x), such Master Servicer shall have a forty-five (45) day period
after such notice in which to find a successor master servicer qualified to act as Master Servicer hereunder in accordance with Section 6.03
and Section 7.02 and to which such Master Servicer can sell its rights to service the Mortgage Loans under this Agreement.
During such forty-five (45) day period such Master Servicer may continue to serve as a Master Servicer hereunder. In the event that
such Master Servicer is unable, within such forty-five (45) day period, to cause a qualified successor master servicer to assume the
duties of such Master Servicer hereunder, then and in such event, the Trustee shall assume the obligations of such Master Servicer hereunder.

Notwithstanding Section 7.01(b),
if any Servicer Termination Event on the part of the General Special Servicer shall occur and be continuing that affects the Holder of
a Serviced Pari Passu Companion Loan, then, so long as the General Special Servicer is not otherwise terminated, the Holder of such Serviced
Pari Passu Companion Loan or the Other Trustee appointed under the related Other Pooling and Servicing Agreement, as applicable, shall
be entitled to direct the Trustee to terminate the General Special Servicer with respect to the related Serviced Pari Passu Whole Loan.
The General Special Servicer appointed to replace the General Special Servicer with respect to a Serviced Pari Passu Mortgage Loan cannot
at any time be (without the prior written consent of the holder of such Serviced Pari Passu Companion Loan) the person (or Affiliate thereof)
that was terminated at the direction of the holder of the related Serviced Pari Passu Companion Loan. Any such Special Servicer under
this paragraph shall meet the eligibility requirements of Section 7.02 and the eligibility requirements of the related Other
Pooling and Servicing Agreement, and the appointment thereof shall comply with the provisions of Section 7.02. Any appointment
of a replacement General Special Servicer in accordance with this paragraph shall be subject to the receipt of Rating Agency Confirmation
and confirmation from the applicable rating agencies that such appointment or replacement will not result in the downgrade, withdrawal
or qualification of the then-current ratings of any class of any related Serviced Companion Loan Securities (provided that
such rating agency confirmation may be considered satisfied in the same manner as any Rating Agency Confirmation may be considered satisfied
with respect to the Certificates pursuant to Section 3.25).

(d)              
Subject to the rights of the holder of a related AB Subordinate Companion Loan pursuant to the related Intercreditor Agreement,
at any time prior to the occurrence and continuance of a Control Termination Event and other than with respect to any Excluded Loan with
respect to the Directing Certificateholder or the Holder of the majority of the Controlling Class, the Directing Certificateholder shall
be entitled to terminate the rights (subject to Section 3.11 and Section 6.04) and obligations of the applicable
Special Servicer under this Agreement, (A) for cause at any time and (B) without cause at any time, in each case, upon ten (10) Business
Days’ notice to such Special Servicer, each applicable Master Servicer, the Certificate Administrator, the Trustee and the Operating
Advisor; such termination to be effective upon the appointment of a successor special servicer meeting the requirements of this

    	 	-413-	 

     

    

Section 7.01(d). Upon a termination
of such Special Servicer, the Directing Certificateholder (other than with respect to any Excluded Loan with respect to the Directing
Certificateholder or the Holder of the majority of the Controlling Class) shall appoint a successor special servicer to assume the duties
of such Special Servicer hereunder; provided, however, that (i) such successor will meet the requirements set forth
in Section 7.02, (ii) each Rating Agency delivers Rating Agency Confirmation and, in the case of any class of any Serviced
Companion Loan Securities, the applicable rating agencies deliver a confirmation that such action will not result in the downgrade, withdrawal
or qualification of its then-current ratings (provided that such rating agency confirmation may be considered satisfied in
the same manner as any Rating Agency Confirmation may be considered satisfied with respect to the Certificates pursuant to Section 3.25)
and (iii) no replacement of such Special Servicer shall be effective until the Certificate Administrator shall have filed any required
Form 8-K pursuant to Section 11.07 and any other Form 8-K filings have been completed with respect to any related Companion
Loan.

After the occurrence and
during the continuance of a Control Termination Event and upon (a) the written direction of Holders of Principal Balance Certificates
evidencing not less than 25% of the Voting Rights (taking into account the application of any Cumulative Appraisal Reduction Amounts to
notionally reduce the Certificate Balances pursuant to Section 4.05) of the Principal Balance Certificates (other than the
RR Interest) requesting a vote to replace such Special Servicer with a new special servicer designated in such written direction to assume
the duties of such Special Servicer hereunder, (b) payment by such Holders to the Certificate Administrator of the reasonable fees
and expenses (including any legal fees and any Rating Agency fees and expenses) to be incurred by the Certificate Administrator in connection
with administering such vote and which will not be additional expenses of the Trust and (c) delivery by such Holders to the Certificate
Administrator and Trustee of Rating Agency Confirmation from each Rating Agency (which Rating Agency Confirmation shall be obtained at
the expense of such Holders) and confirmation from the applicable rating agencies that such appointment (or replacement) will not result
in the downgrade, withdrawal or qualification of the then-current ratings of any class of any related Serviced Pari Passu Companion Loan
Securities, the Certificate Administrator shall promptly post notice to all Certificateholders of such request on the Certificate Administrator’s
Website in accordance with Section 3.13(b) and concurrently by mail, and conduct the solicitation of votes of all Certificates
(other than the RR Interest) in such regard, which requisite affirmative votes shall be received within one hundred-eighty (180) days
of the posting of such notice, and if not so received, such votes shall be null and void ab initio. Upon the written direction
of Holders of Certificates evidencing at least 66-2/3% of a Certificateholder Quorum of Certificates, the Trustee shall terminate all
of the rights and obligations of such Special Servicer under this Agreement and appoint the successor special servicer to assume the duties
of such Special Servicer (which must be a Qualified Replacement Special Servicer) designated by such Certificateholders. The Certificate
Administrator shall include on each Distribution Date Statement a statement that each Certificateholder may (i) access such notices
via the Certificate Administrator’s Website and (ii) register to receive electronic mail notifications when such notices are
posted thereon. Notwithstanding the foregoing, the Certificateholder’s direction to remove a Special Servicer shall not apply to
any Serviced AB Whole Loan for which the holder of the related AB Subordinate Companion Loan is not subject to an AB Control Appraisal
Period or any Servicing Shift Whole Loan.

    	 	-414-	 

     

    

An AB Whole Loan Controlling
Holder shall have the right, if an AB Control Appraisal Period is not in effect, to replace the applicable Special Servicer solely with
respect to the related Serviced AB Whole Loan, so long as (A) each Rating Agency delivers a Rating Agency Confirmation; (B) the
successor special servicer has assumed in writing (from and after the date such successor special servicer becomes a Special Servicer)
all of the responsibilities, duties and liabilities of such Special Servicer under this Agreement from and after the date it becomes a
Special Servicer as they relate to any Serviced AB Whole Loan pursuant to an assumption agreement reasonably satisfactory to the Certificate
Administrator; and (C) the Certificate Administrator shall have received an opinion of counsel reasonably satisfactory to the Certificate
Administrator to the effect that (x) the designation of such replacement to serve as Special Servicer is in compliance with this
Agreement, (y) such replacement will be bound by the terms of this Agreement with respect to any Serviced AB Whole Loan and (z) subject
to customary qualifications and exceptions, this Agreement will be enforceable against such replacement in accordance with the terms hereof.

The parties hereto acknowledge
that, notwithstanding anything to the contrary contained in this section, and subject to the related Intercreditor Agreement, if a servicer
termination event on the part of a Non-Serviced Special Servicer under a Non-Serviced PSA remains unremedied and affects the holder of
the related Non-Serviced Mortgage Loan, and the related Non-Serviced Special Servicer has not otherwise been terminated, the holder of
the related Non-Serviced Mortgage Loan (or the Trustee, acting at the direction of the Directing Certificateholder prior to the occurrence
and continuance of a Consultation Termination Event (subject to the related Intercreditor Agreement)) will be entitled to direct the related
Non-Serviced Trustee to terminate the related Non-Serviced Special Servicer solely with respect to the related Non-Serviced Whole Loan.
The appointment (or replacement) of the applicable Non-Serviced Special Servicer with respect to a Non-Serviced Whole Loan will in any
event be subject to Rating Agency Confirmation from each Rating Agency. A replacement special servicer will be selected by the related
Non-Serviced Trustee or, prior to the occurrence and continuance of a control termination event under the related Non-Serviced PSA, by
the related Non-Serviced Whole Loan Controlling Holder; provided, however, that any successor special servicer appointed
to replace such Special Servicer with respect to such Non-Serviced Whole Loan cannot at any time be the Person (or an Affiliate thereof)
that was terminated at the direction of the holder of such Non-Serviced Mortgage Loan, without the prior written consent of the Directing
Certificateholder.

Following the occurrence
and continuance of a Consultation Termination Event, subject to the immediately succeeding paragraph, if the Operating Advisor determines
in accordance with the Operating Advisor Standard that a Special Servicer is not performing its duties as required hereunder or is otherwise
not acting in accordance with the Servicing Standard, the Operating Advisor shall deliver to the Trustee and the Certificate Administrator,
with a copy to such Special Servicer, a written report in the form of Exhibit W attached hereto, setting forth the reasons
supporting its recommendation (along with any information the Operating Advisor considered relevant to its recommendation) and recommending
a replacement Special Servicer (which form may be modified or supplemented from time to time to cure any ambiguity or error or to incorporate
any additional information, subject to compliance of such form with the terms and provisions of this Agreement; provided, further,
that in no event shall the information or any other content included in such written recommendation contravene any provision of this Agreement)
detailing the reasons supporting its recommendation (along with relevant information

    	 	-415-	 

     

    

justifying its recommendation) and recommending
a suggested replacement special servicer to assume the duties of such Special Servicer, which shall be a Qualified Replacement Special
Servicer. In such event, the Certificate Administrator shall promptly post notice to all Certificateholders of such recommendation and
the related report on the Certificate Administrator’s Website in accordance with Section 3.13(b), and by mail conduct
the solicitation of votes of all Certificates in such regard. Upon (i) the affirmative vote of Holders of Principal Balance Certificates
evidencing at least a majority of the aggregate Voting Rights (taking into account the application of any Cumulative Appraisal Reduction
Amounts to notionally reduce the respective Certificate Balances of such Certificates) of all Principal Balance Certificates on an aggregate
basis within 180 days of posting of the Operating Advisor’s recommendation to the Certificate Administrator’s Website, and
if not so received, such votes shall be null and void ab initio, and (ii) receipt by the Certificate Administrator following
satisfaction of the foregoing clause (i) of Rating Agency Confirmation from each Rating Agency and confirmation from the applicable
rating agencies that such appointment (or replacement) will not result in the downgrade, withdrawal or qualification of the then-current
ratings of any class of any related Serviced Pari Passu Companion Loan Securities, the Trustee shall (i) terminate all of the rights
and obligations of such Special Servicer under this Agreement and appoint a successor special servicer approved by the Certificateholders
and (ii) promptly notify such outgoing Special Servicer of the effective date of such termination. The reasonable out-of-pocket
costs and expenses (including reasonable legal fees and expenses of outside counsel) associated with obtaining such Rating Agency Confirmations
and administering such vote and the Operating Advisor’s identification of a Qualified Replacement Special Servicer shall be an additional
expense of the Trust. In the event that the Trustee does not receive at least a majority of the requested votes, then the Trustee shall
have no obligation to remove such Special Servicer. Prior to the appointment of any replacement special servicer, such replacement special
servicer shall have agreed to succeed to the obligations of such Special Servicer under this Agreement and to act as such Special Servicer’s
successor hereunder. Notwithstanding the foregoing, the Operating Advisor shall not be permitted to recommend the replacement of a Special
Servicer with respect to an AB Whole Loan so long as the related Serviced Companion Noteholder is not subject to an AB Control Appraisal
Period under the related Intercreditor Agreement or with respect to any Servicing Shift Whole Loan.

No penalty or fee shall be
payable to the terminated Special Servicer with respect to any termination pursuant to this Section 7.01(d). All costs of
any such termination made by the Directing Certificateholder without cause shall be paid by the Holders of the Controlling Class.

For the avoidance of doubt,
the indemnification of the Operating Advisor in Section 6.04 shall include, subject to the limitations set forth in Section 6.04,
any action or claim arising from, or relating to, the Operating Advisor’s determination under this Section 7.01(d) (regarding
removal of a Special Servicer), or the result of the vote of the Certificateholders (regarding removal of a Special Servicer).

(e)              
Each Master Servicer and each Special Servicer shall, as the case may be, from time to time, take all such reasonable actions as
are required by it in accordance with the related Servicing Standard in order to prevent the Certificates from being placed on “watch”
status or downgraded due to servicing or special servicing, as applicable, concerns by any Rating Agency with respect to such Master Servicer
or Special Servicer, as applicable. In no event shall the remedy for a breach of the foregoing covenant extend beyond termination pursuant
to Section

    	 	-416-	 

     

    

7.01(a)(viii), (ix) or (x)
and the resulting operation of Section 7.01(b) and (c). The operation of this subsection (e) shall
not be construed to limit the effect of Section 7.01(a)(viii), (ix) or (x).

(f)               
Notwithstanding the foregoing, (1) if any Servicer Termination Event on the part of a Master Servicer affects a Serviced Companion
Loan, the related holder of a Serviced Companion Loan or the rating on any Serviced Companion Loan Securities, and if such Master Servicer
is not otherwise terminated, or (2) if a Servicer Termination Event on the part of a Master Servicer affects only a Serviced Companion
Loan, the related holder of a Serviced Companion Loan or the rating on any Serviced Companion Loan Securities, then such Master Servicer
may not be terminated by or at the direction of the related holder of such Serviced Companion Loan or the holders of any Serviced Companion
Loan Securities, but upon the written direction of the related holder of such Serviced Companion Loan, such Master Servicer shall be required
to appoint a sub-servicer that will be responsible for servicing the related Serviced Whole Loan.

(g)             
Notwithstanding anything to the contrary contained in this Section 7.01, with respect to any Excluded Special Servicer
Loan, if any, the related Special Servicer shall resign as Special Servicer of that Excluded Special Servicer Loan. Prior to the occurrence
and continuance of a Control Termination Event, if the applicable Excluded Special Servicer Loan is not also an Excluded Loan with respect
to the Directing Certificateholder or the Holder of the majority of the Controlling Class, the Directing Certificateholder shall select
an Excluded Special Servicer, as successor to the resigning Special Servicer, for the related Excluded Special Servicer Loan in accordance
with this Agreement. After the occurrence and during the continuance of a Control Termination Event, (i) if at any time the applicable
Excluded Special Servicer Loan is also an Excluded Loan with respect to the Directing Certificateholder or the Holder of the majority
of the Controlling Class or (ii) if the Directing Certificateholder is entitled to appoint the Excluded Special Servicer but does not
so appoint within thirty (30) days of resignation, the resigning Special Servicer shall use reasonable efforts to select the related Excluded
Special Servicer. The resigning Special Servicer shall not have any liability with respect to the actions or inactions of the applicable
Excluded Special Servicer or with respect to the identity of the applicable Excluded Special Servicer so long as, on the date of the appointment,
the selected Excluded Special Servicer is a Qualified Replacement Special Servicer. It shall be a condition to any such appointment that
(i) the Rating Agencies confirm that the appointment would not result in a qualification, downgrade or withdrawal of any of their
then-current ratings of the Certificates and each NRSRO hired to provide ratings with respect to any Serviced Companion Loan Securities
makes the equivalent confirmation, (ii) the related Excluded Special Servicer is a Qualified Replacement Special Servicer and (iii) the
related Excluded Special Servicer delivers to the Depositor and the Certificate Administrator and any applicable Other Depositor and Other
Certificate Administrator, the information, if any, required under Item 6.02 of Form 8-K pursuant to the Exchange Act regarding
itself in its role as Excluded Special Servicer.

If at any time a Special
Servicer that had previously acted as a Special Servicer is no longer a Borrower Party with respect to an Excluded Special Servicer Loan
(including, without limitation, as a result of the related Mortgaged Property becoming REO Property), (1) the related Excluded Special
Servicer shall resign, (2) the related Mortgage Loan or Serviced Whole Loan shall no longer be an Excluded Special Servicer Loan,
(3) such original Special Servicer shall become the Special Servicer again for such related Mortgage Loan or Serviced Whole Loan
and (4) such original Special Servicer shall be entitled to all special servicing compensation with

    	 	-417-	 

     

    

respect to such Mortgage Loan or Serviced Whole
Loan earned during such time on and after such Mortgage Loan or Serviced Whole Loan is no longer an Excluded Special Servicer Loan.

The applicable Excluded Special
Servicer shall perform all of the obligations of the Special Servicer for the related Excluded Special Servicer Loan and shall be entitled
to all special servicing compensation with respect to such Excluded Special Servicer Loan earned during such time as the related Mortgage
Loan or Serviced Whole Loan is an Excluded Special Servicer Loan (provided that the applicable Special Servicer shall remain entitled
to all other special servicing compensation with respect to all Mortgage Loans and Serviced Whole Loans that are not Excluded Special
Servicer Loans during such time).

If a Servicing Officer of
the applicable Master Servicer, a related Excluded Special Servicer, or the applicable Special Servicer, as the case may be, has actual
knowledge that a Mortgage Loan is no longer an Excluded Loan, an Excluded Controlling Class Loan or an Excluded Special Servicer Loan,
as applicable, the applicable Master Servicer, the related Excluded Special Servicer or the applicable Special Servicer, as the case may
be, shall provide prompt written notice thereof to each of the other parties to this Agreement.

Section 7.02       
Trustee to Act; Appointment of Successor. On and after the time a Master Servicer or a Special Servicer, as the case may
be, either resigns pursuant to clause (a) of Section 6.05 or receives a notice of termination for cause pursuant to
Section 7.01(b), and provided that no acceptable successor has been appointed within the time period specified in Section 7.01(c),
the Trustee shall be the successor to such party, until such successor to that Master Servicer or that Special Servicer, as applicable,
is appointed as provided in this Section 7.02 or by the Directing Certificateholder as provided in Section 7.01(d),
as applicable, in all respects in its capacity as such Master Servicer or such Special Servicer, as applicable, under this Agreement and
the transactions set forth or provided for herein and shall be subject to, and have the benefit of, all of the rights, (subject to Section 3.11
and Section 6.04) benefits, responsibilities, duties, liabilities and limitations on liability relating thereto and that arise
thereafter placed on or for the benefit of such Master Servicer or Special Servicer, as applicable, by the terms and provisions hereof;
provided, however, that any failure to perform such duties or responsibilities caused by the terminated party’s failure
under Section 7.01 to provide information or moneys required hereunder shall not be considered a default by such successor
hereunder. The appointment of a successor master servicer shall not affect any liability of the predecessor Master Servicer which may
have arisen prior to its termination as Master Servicer, and the appointment of a successor special servicer shall not affect any liability
of the predecessor Special Servicer which may have arisen prior to its termination as Special Servicer. The Trustee in its capacity as
successor to such Master Servicer or such Special Servicer, as such case may be, shall not be liable for any of the representations and
warranties of such Master Servicer or such Special Servicer, respectively, herein or in any related document or agreement, for any acts
or omissions of the predecessor master servicer or special servicer or for any losses incurred by the predecessor Master Servicer pursuant
to Section 3.06 hereunder, nor shall the Trustee be required to purchase any Mortgage Loan hereunder solely as a result of
its obligations as successor master servicer or special servicer, as the case may be. Subject to Section 3.11, as compensation
therefor, the Trustee as successor master servicer shall be entitled to the Servicing Fees and all fees relating to the Mortgage Loans
or the Companion Loans which that Master Servicer would have been entitled to if such Master Servicer had continued to act hereunder,
including but not limited to any income or other benefit

    	 	-418-	 

     

    

from any Permitted Investment pursuant to Section 3.06,
and subject to Section 3.11, and the Trustee as successor to such Special Servicer shall be entitled to the Special Servicing
Fees to which such Special Servicer would have been entitled if such Special Servicer had continued to act hereunder. Should the Trustee
succeed to the capacity of such Master Servicer or such Special Servicer, as the case may be, the Trustee shall be afforded the same standard
of care and liability as such Master Servicer or such Special Servicer, as applicable, hereunder notwithstanding anything in Section 8.01
to the contrary, but only with respect to actions taken by it in its role as successor master servicer or successor special servicer,
as the case may be, and not with respect to its role as Trustee hereunder. Notwithstanding the above, the Trustee may, if it shall be
unwilling to act as successor to that Master Servicer or that Special Servicer, as applicable, or shall, if it is unable to so act, or
if the Trustee is not approved as a servicer by each Rating Agency, or if the Directing Certificateholder (solely with respect to such
Special Servicer) ((i) prior to the occurrence and continuance of a Control Termination Event and (ii) other than with respect to any
Excluded Loan with respect to the Directing Certificateholder or the Holder of the majority of the Controlling Class) or the Holders of
Certificates entitled to more than 50% of the Voting Rights so request in writing to the Trustee, promptly appoint, or petition a court
of competent jurisdiction to appoint, any established mortgage loan servicing institution which meets the criteria set forth in Section 6.05
and otherwise herein, as the successor to that Master Servicer or that Special Servicer, as applicable, hereunder in the assumption of
all or any part of the responsibilities, duties or liabilities of such Master Servicer or such Special Servicer hereunder. No appointment
of a successor to such Master Servicer or such Special Servicer hereunder shall be effective until (i) the assumption in writing
by the successor to such Master Servicer or such Special Servicer of all its responsibilities, duties and liabilities hereunder that arise
thereafter, (ii) receipt of Rating Agency Confirmation from each Rating Agency and confirmation of the applicable rating agencies
that such action will not result in the downgrade, withdrawal or qualification of its then-current ratings of any Serviced Companion Loan
Securities, if any (provided that such rating agency confirmation may be considered satisfied in the same manner as any Rating
Agency Confirmation may be considered satisfied with respect to the Certificates pursuant to Section 3.25), (iii) such
appointment (solely with respect to such Special Servicer) has been approved (prior to the occurrence and continuance of a Control Termination
Event) by the Directing Certificateholder, such approval not to be unreasonably withheld and (iv) the Certificate Administrator shall
have filed any required Form 8-K pursuant to Section 11.07 and any other Form 8-K filings have been completed with respect
to any related Companion Loan. Pending appointment of a successor to such Master Servicer or such Special Servicer hereunder, unless the
Trustee shall be prohibited by law from so acting, the Trustee shall act in such capacity as herein above provided. In connection with
such appointment and assumption of a successor to such Master Servicer or such Special Servicer as described herein, the Trustee may make
such arrangements for the compensation of such successor out of payments on the Mortgage Loans as it and such successor shall agree; provided,
however, that no such compensation with respect to a successor master servicer or successor special servicer, as the case may be,
shall be in excess of that permitted the terminated Master Servicer or Special Servicer, as the case may be, hereunder. The Trustee, the
non-terminated Master Servicer or the non-terminated Special Servicer and such successor shall take such action, consistent with this
Agreement, as shall be necessary to effectuate any such succession. Any reasonable out-of-pocket costs and expenses associated
with the transfer of the servicing function (other than with respect to a termination without cause) under this Agreement shall be borne
by the predecessor Master Servicer or Special Servicer, as applicable. If such

    	 	-419-	 

     

    

predecessor Master Servicer or Special Servicer
(as the case may be) has not reimbursed the party requesting such termination or the successor master servicer or special servicer for
such expenses within ninety (90) days after the presentation of reasonable documentation, such expense shall be reimbursed by the
Trust; provided that the terminated Master Servicer or Special Servicer shall not thereby be relieved of its liability for such
expenses. If and to the extent that the terminated Master Servicer or Special Servicer has not reimbursed such costs and expenses, the
party requesting such termination shall have an affirmative obligation to take all reasonable actions to collect such expenses on behalf
of the Trust. In the event of a termination without cause, such costs and expenses shall be borne by the party requesting such termination,
or as otherwise set forth herein; provided that the Certificate Administrator and the Trustee shall not bear any such costs and
expenses. For the avoidance of doubt, if the Trustee is terminating a Master Servicer or a Special Servicer in accordance with this Agreement
at the direction of any party or parties permitted to direct the Trustee to so terminate such Master Servicer or such Special Servicer
pursuant to this Agreement, the Trustee shall not have any liability for such expenses pursuant to this paragraph.

Section 7.03       
Notification to Certificateholders. (a) Upon any resignation of
a Master Servicer or a Special Servicer pursuant to Section 6.05, any termination of a Master Servicer or a Special Servicer
pursuant to Section 7.01 or any appointment of a successor to a Master Servicer or a Special Servicer pursuant to Section 7.02,
the Certificate Administrator shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in
the Certificate Register.

(b)              
Not later than the later of (i) sixty (60) days after the occurrence of any event which constitutes or, with notice or lapse of
time or both, would constitute a Servicer Termination Event and (ii) five (5) days after the Certificate Administrator would be deemed
to have notice of the occurrence of such an event in accordance with Section 8.02(vii), the Certificate Administrator shall
transmit by mail to the Depositor and all Certificateholders (and, if a Serviced Whole Loan is affected, the related Serviced Companion
Noteholder) notice of such occurrence, unless such default shall have been cured.

Section 7.04       
Waiver of Servicer Termination Events. The Holders of Certificates representing at least 66-2/3% of the Voting Rights allocated
to each Class of Certificates affected by any Servicer Termination Event hereunder may waive such Servicer Termination Event; provided,
however, that a Servicer Termination Event under clause (i), (ii), (viii), (ix) or (x)
of Section 7.01(a) may be waived only with the consent of all of the Certificateholders of the affected Classes, and a Servicer
Termination Event under clause (iii) of Section 7.01(a) (with respect to obligations under Article XI)
may be waived only with the consent of the Depositor. Upon any such waiver of a Servicer Termination Event, subject to the rights of any
affected holder of a Serviced Companion Loan under Section 7.01(c) or Section 7.01(f), such Servicer Termination
Event shall cease to exist and shall be deemed to have been remedied for every purpose hereunder. Upon any such waiver of a Servicer Termination
Event by Certificateholders, the Trustee and the Certificate Administrator shall be entitled to recover all costs and expenses incurred
by it in connection with enforcement action taken with respect to such Servicer Termination Event prior to such waiver from the Trust.
No such waiver shall extend to any subsequent or other Servicer Termination Event or impair any right consequent thereon except to the
extent expressly so waived. Notwithstanding any other provisions of this Agreement, for purposes of waiving any

    	 	-420-	 

     

    

Servicer Termination Event pursuant to this
Section 7.04, Certificates registered in the name of the Depositor or any Affiliate of the Depositor shall be entitled to
the same Voting Rights with respect to the matters described above as they would if any other Person held such Certificates.

Section 7.05       
Trustee as Maker of Advances. In the event that a Master Servicer fails to fulfill its obligations hereunder to make any
Advances and such failure remains uncured, the Trustee shall perform such obligations (x) within five (5) Business Days following
such failure by a Master Servicer with respect to Servicing Advances resulting in a Servicer Termination Event under Section 7.01(a)(iii)
to the extent a Responsible Officer of the Trustee has actual knowledge of such failure with respect to such Servicing Advances and (y) by
noon, New York City time, on the related Distribution Date with respect to P&I Advances pursuant to the Certificate Administrator’s
notice of failure pursuant to Section 4.03(a) unless such failure has been cured. With respect to any such Advance made by
the Trustee, the Trustee shall succeed to all of such Master Servicer’s rights with respect to Advances hereunder, including, without
limitation, such Master Servicer’s rights of reimbursement and interest on each Advance at the Reimbursement Rate, and rights to
determine that a proposed Advance is a Nonrecoverable P&I Advance or Servicing Advance, as the case may be, (without regard to any
impairment of any such rights of reimbursement caused by such Master Servicer’s default in its obligations hereunder); provided,
however, that if Advances made by the Trustee and a Master Servicer shall at any time be outstanding, or any interest on any Advance
shall be accrued and unpaid, all amounts available to repay such Advances and the interest thereon hereunder shall be applied entirely
to the Advances outstanding to the Trustee, until such Advances shall have been repaid in full, together with all interest accrued thereon,
prior to reimbursement of such Master Servicer for such Advances. The Trustee shall be entitled to conclusively rely on any notice given
with respect to a Nonrecoverable Advance hereunder.

[End of Article VII]

Article VIII

CONCERNING THE TRUSTEE AND THE CERTIFICATE ADMINISTRATOR

Section 8.01       
Duties of the Trustee and the Certificate Administrator. (a) The
Trustee and the Certificate Administrator, prior to the occurrence of a Servicer Termination Event and after the curing or waiving of
all Servicer Termination Events which may have occurred, undertake to perform such duties and only such duties as are specifically set
forth in this Agreement. If a Servicer Termination Event occurs and is continuing, the Trustee shall exercise such of the rights and
powers vested in it by this Agreement, and use the same degree of care and skill in their exercise as a prudent person would exercise
or use under the circumstances in the conduct of his own affairs. Any permissive right of the Trustee and the Certificate Administrator
contained in this Agreement shall not be construed as a duty.

(b)                             The Trustee or the Certificate Administrator, upon receipt of all resolutions, certificates, statements, opinions, reports, documents,
orders or other instruments furnished to the Trustee or the Certificate Administrator which are specifically required to be furnished
pursuant to any provision of this Agreement (other than the Mortgage Files, the review of which is specifically governed by the terms
of Article II, the Diligence Files, any CREFC® reports and any

    	 	-421-	 

     

    

information delivered for posting to the Certificate
Administrator’s Website or the 17g-5 Information Provider’s Website), shall examine them to determine whether they conform
to the requirements of this Agreement. If any such instrument is found not to conform to the requirements of this Agreement in a material
manner, the Trustee or the Certificate Administrator shall notify the party providing such instrument and requesting the correction thereof.
The Trustee or the Certificate Administrator shall not be responsible for the accuracy or content of any resolution, certificate, statement,
opinion, report, document, order or other instrument furnished by the Depositor, a Master Servicer or a Special Servicer or another Person,
and accepted by the Trustee or the Certificate Administrator in good faith, pursuant to this Agreement.

(c)              
No provision of this Agreement shall be construed to relieve the Trustee or the Certificate Administrator from liability for its
own negligent action, its own negligent failure to act or its own willful misconduct or bad faith; provided, however, that:

(i)                
Prior to the occurrence of a Servicer Termination Event, and after the curing of all such Servicer Termination Events which may
have occurred, the duties and obligations of the Trustee and the Certificate Administrator shall be determined solely by the express provisions
of this Agreement, the Trustee and the Certificate Administrator shall not be liable except for the performance of such duties and obligations
as are specifically set forth in this Agreement, no implied covenants or obligations shall be read into this Agreement against the Trustee
and the Certificate Administrator and, in the absence of bad faith on the part of the Trustee and the Certificate Administrator, the Trustee
and the Certificate Administrator may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed
therein, upon any certificates or opinions furnished to the Trustee or the Certificate Administrator and conforming to the requirements
of this Agreement;

(ii)               
Neither the Trustee nor the Certificate Administrator, as applicable, shall be liable for an error of judgment made in good faith
by a Responsible Officer or Responsible Officers of the Trustee or the Certificate Administrator, respectively, unless it shall be proved
that the Trustee or the Certificate Administrator, as applicable, was negligent in ascertaining the pertinent facts; and

(iii)             
Neither the Trustee nor the Certificate Administrator, as applicable, shall be liable with respect to any action taken, suffered
or omitted to be taken by it in good faith in accordance with the direction of Holders of Certificates entitled to greater than 25% (i) of
the Percentage Interest of each affected Class, or (ii) if each Class is an affected Class of the aggregate Voting Rights of the
Certificates, relating to the time, method and place of conducting any proceeding for any remedy available to the Trustee or the Certificate
Administrator, or exercising any trust or power conferred upon the Trustee or the Certificate Administrator, under this Agreement (unless
a higher percentage of Voting Rights is required for such action).

(d)             
The Certificate Administrator shall make available via its internet website initially located at www.ctslink.com to the Serviced
Companion Noteholders all reports that the Certificate Administrator has made available to Certificateholders under this Agreement to
the

    	 	-422-	 

     

    

extent such reports relate to the related Serviced
Companion Loan and upon the submission of an Investor Certification pursuant to this Agreement.

Section 8.02       
Certain Matters Affecting the Trustee and the Certificate Administrator. Except as otherwise provided in Section 8.01:

(i)                
The Trustee and the Certificate Administrator may rely upon and shall be protected in acting or refraining from acting upon any
resolution, direction of the Depositor, Officer’s Certificate, certificate of auditors or any other certificate, statement, instrument,
opinion, report, notice, request, consent, order, Appraisal, bond or other paper or document reasonably believed by it to be genuine and
to have been signed or presented by the proper party or parties;

(ii)              
The Trustee and the Certificate Administrator may consult with counsel and the advice of such counsel or any Opinion of Counsel
shall be full and complete authorization and protection in respect of any action taken or suffered or omitted by it hereunder in good
faith and in accordance therewith;

(iii)             
Neither the Trustee nor the Certificate Administrator shall be under any obligation to exercise any of the trusts or powers vested
in it by this Agreement or the Certificates or to make any investigation of matters arising hereunder or to institute, conduct or defend
any litigation hereunder or in relation hereto at the request, order or direction of any of the Certificateholders, pursuant to the provisions
of this Agreement, unless such Certificateholders shall have offered to the Trustee or the Certificate Administrator, as applicable, security
or indemnity reasonably satisfactory to it, against the costs, expenses and liabilities which may be incurred therein or thereby; neither
the Trustee nor the Certificate Administrator shall be required to expend or risk its own funds or otherwise incur any financial liability
in the performance of any of its duties hereunder, or in the exercise of any of its rights or powers, unless repayment of such funds or
indemnity reasonably satisfactory to it against such risk or liability is reasonably assured to it; nothing contained herein shall, however,
relieve the Trustee of the obligation, upon the occurrence of a Servicer Termination Event which has not been cured, to exercise such
of the rights and powers vested in it by this Agreement, and to use the same degree of care and skill in their exercise as a prudent man
would exercise or use under the circumstances in the conduct of his own affairs;

(iv)             
Neither the Trustee nor the Certificate Administrator shall be liable for any action reasonably taken, suffered or omitted by it
in good faith and believed by it to be authorized or within the discretion or rights or powers conferred upon it by this Agreement;

(v)               
Prior to the occurrence of a Servicer Termination Event hereunder and after the curing of all Servicer Termination Events which
may have occurred, neither the Trustee nor the Certificate Administrator shall be bound to make any investigation into the facts or matters
stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order, approval, bond or other
paper or document, unless requested in writing to do so by Holders of Certificates entitled to more than 50% of the Voting Rights; provided,
however, that if the payment within a reasonable time to the Trustee or the

    	 	-423-	 

     

    

Certificate Administrator of the costs,
expenses or liabilities likely to be incurred by it in the making of such investigation is, in the opinion of the Trustee or the Certificate
Administrator, respectively, not reasonably assured to the Trustee or the Certificate Administrator by the security afforded to it by
the terms of this Agreement, the Trustee or the Certificate Administrator, respectively, may require indemnity reasonably satisfactory
to it from such requesting Holders against such expense or liability as a condition to taking any such action. The reasonable expense
of every such reasonable examination shall be paid by the requesting Holders;

(vi)             
The Trustee or the Certificate Administrator may execute any of the trusts or powers hereunder or perform any duties hereunder
either directly or by or through agents, affiliates or attorneys; provided, however, that the appointment of such agents,
affiliates or attorneys shall not relieve the Trustee or the Certificate Administrator of its duties or obligations hereunder; provided,
further, that the Trustee or the Certificate Administrator, as the case may be, may not perform any duties hereunder through any
Person that is a Prohibited Party;

(vii)          
For all purposes under this Agreement, none of the Trustee, the Custodian or the Certificate Administrator shall be deemed to
have actual knowledge or notice of any Servicer Termination Event or Asset Representations Reviewer Termination Event or any act, failure
or breach of any Person upon the occurrence of which the Trustee or Certificate Administrator may be required to act unless a Responsible
Officer of the Trustee or the Certificate Administrator, as applicable, has actual knowledge thereof or unless written notice of any
event, act, failure or breach, as applicable, which is in fact such a default is received by the Trustee or the Certificate Administrator
at the respective Corporate Trust Office, and such notice references the Certificates or this Agreement;

(viii)          
Neither the Trustee nor the Certificate Administrator shall be responsible for any act or omission of a Master Servicer or a Special
Servicer (unless the Trustee is acting as a Master Servicer or a Special Servicer, as the case may be, in which case the Trustee shall
only be responsible for its own actions as a Master Servicer or a Special Servicer) or of the Depositor, the Operating Advisor or the
Asset Representations Reviewer;

(ix)             
Neither the Trustee nor the Certificate Administrator shall in any way be liable by reason of any insufficiency in the Trust Fund
unless it is determined by a court of competent jurisdiction that the Trustee’s or Certificate Administrator’s, as applicable,
negligence or willful misconduct was the primary cause of such insufficiency;

(x)                
 In no event shall the Trustee or the Certificate Administrator be liable for any failure or delay in the performance of its obligations
hereunder due to force majeure or acts of God; provided that such failure or delay is not also a result of its own negligence,
bad faith or willful misconduct;

(xi)              
Nothing herein shall require the Trustee or the Certificate Administrator to act in any manner that is contrary to applicable law;
and

    	 	-424-	 

     

    

(xii)            
 Nothing herein shall be construed as an obligation for any party to this Agreement to advise a Certificateholder with respect
to its rights and protections relative to the Trust.

Each of the Trustee and the
Certificate Administrator shall be entitled to all of the same rights, protections, immunities and indemnities afforded to it as Trustee
and Certificate Administrator, as the case may be, in each capacity for which it serves hereunder (including, without limitation, as Custodian,
Certificate Registrar, 17g-5 Information Provider and Authenticating Agent).

Section 8.03       
Trustee and Certificate Administrator Not Liable for Validity or Sufficiency of Certificates or Mortgage Loans. The recitals
contained herein and in the Certificates, other than the acknowledgments of the Trustee or the Certificate Administrator in Sections 2.01(h)
and Section 2.04 and the signature, if any, of the Certificate Registrar and Authenticating Agent set forth on any outstanding
Certificate, shall not be taken as the statements of the Trustee or the Certificate Administrator, and the Trustee or the Certificate
Administrator assume no responsibility for their correctness. Neither the Trustee nor the Certificate Administrator makes any representations
as to the validity or sufficiency of this Agreement or of any Certificate (other than as to the signature, if any, of the Trustee or the
Certificate Administrator set forth thereon) or of any Mortgage Loan or related document. Neither the Trustee nor the Certificate Administrator
shall be accountable for the use or application by the Depositor of any of the Certificates issued to it or of the proceeds of such Certificates,
or for the use or application of any funds paid to the Depositor in respect of the assignment of the Mortgage Loans to the Trust, or any
funds deposited in or withdrawn from each applicable Collection Account or any other account by or on behalf of the Depositor, the applicable
Master Servicer, the applicable Special Servicer or in the case of the Trustee, the Certificate Administrator. The Trustee and the Certificate
Administrator shall not be responsible for and may rely upon the accuracy or content of any resolution, certificate, statement, opinion,
report, document, order or other instrument furnished by the Depositor, a Master Servicer or a Special Servicer and accepted by the Trustee
or the Certificate Administrator, in good faith, pursuant to this Agreement.

Section 8.04       
Trustee or Certificate Administrator May Own Certificates. The Trustee or the Certificate Administrator, each in its individual
capacity, not as Trustee or Certificate Administrator, may become the owner or pledgee of Certificates, and may deal with the Depositor,
any Master Servicer, any Special Servicer or the Underwriters in banking transactions, with the same rights it would have if it were not
Trustee or the Certificate Administrator.

Section 8.05       
Fees and Expenses of Trustee and Certificate Administrator; Indemnification of Trustee and Certificate Administrator.(a) As
compensation for the performance of their respective duties hereunder, the Trustee will be paid the Trustee Fee, which shall cover recurring
and otherwise reasonably anticipated expenses of the Trustee, and the Certificate Administrator will be paid the Certificate Administrator
Fee equal to the Certificate Administrator’s portion of one (1) month’s interest at the Certificate Administrator Fee Rate,
which shall cover recurring and otherwise reasonably anticipated expenses of the Certificate Administrator. The Trustee Fee and Certificate
Administrator Fee shall be paid monthly on a Mortgage Loan-by-Mortgage Loan basis. As to each Mortgage Loan and REO Loan (other
than

    	 	-425-	 

     

    

the portion of an REO Loan related to any Companion
Loan), the Certificate Administrator shall pay to the Trustee monthly the Trustee Fee from the Certificate Administrator Fee, which Certificate
Administrator Fee shall accrue from time to time at the Certificate Administrator Fee Rate and the Certificate Administrator Fee shall
be computed in the same manner as interest is calculated thereon and for the same period respecting which any related interest payment
due or deemed thereon is computed. The Trustee Fee (which shall not be limited to any provision of law in regard to the compensation of
a trustee of an express trust) shall constitute the Trustee’s sole form of compensation for all services rendered by it in the execution
of the trusts hereby created and in the exercise and performance of any of the powers and duties of the Trustee hereunder, except for
the reimbursement of expenses specifically provided for herein. The Certificate Administrator Fee shall constitute the Certificate Administrator’s
sole form of compensation for the exercise and performance of its powers and duties hereunder, except for the reimbursement of expenses
specifically provided for herein. No Trustee Fee or Certificate Administrator Fee shall be payable with respect to any Companion Loan.

(b)              
The Trustee, the Certificate Administrator (in each case, including in its capacity as Custodian and in its individual capacity)
and any director, officer, employee, representative or agent of the Trustee and the Certificate Administrator, respectively, shall be
entitled to be indemnified and held harmless by the Trust (to the extent of amounts on deposit in each applicable Collection Account or
the Lower-Tier REMIC Distribution Account, as applicable, from time to time) against any loss, liability or expense (including, without
limitation, costs and expenses of litigation, and of investigation, counsel fees, damages, judgments and amounts paid in settlement, and
expenses incurred in becoming the successor to the applicable Master Servicer or the applicable Special Servicer, to the extent not otherwise
paid hereunder, and, for the avoidance of doubt, including reasonable attorneys’ fees and expenses and expenses relating to the
enforcement of such indemnity) arising out of, or incurred in connection with, any act or omission of the Trustee or the Certificate Administrator,
respectively, relating to the exercise and performance of any of the powers, rights and duties of the Trustee or the Certificate Administrator,
respectively (including in any capacities in which they serve, such as paying agent, REMIC Administrator, Authenticating Agent, Custodian,
Certificate Registrar, and 17g-5 Information Provider) hereunder; provided, however, that none of the Trustee or the Certificate
Administrator, nor any of the other above specified Persons shall be entitled to indemnification pursuant to this Section 8.05(b)
for (i) allocable overhead, (ii) expenses or disbursements incurred or made by or on behalf of the Trustee or the Certificate
Administrator, respectively, in the normal course of the Trustee or the Certificate Administrator, respectively, performing its duties
in accordance with any of the provisions hereof, which are not “unanticipated expenses of the REMIC” within the meaning of
Treasury Regulations Section 1.860G-1(b)(3)(ii), (iii) any expense or liability specifically required to be borne thereby
pursuant to the terms hereof or (iv) any loss, liability or expense incurred by reason of willful misconduct, bad faith or negligence
in the performance of the Trustee’s or the Certificate Administrator’s, respectively, obligations and duties hereunder, or
by reason of negligent disregard of such obligations or duties, or as may arise from a breach of any representation or warranty of the
Trustee specified in Section 8.12 or the Certificate Administrator specified in Section 8.14, respectively, made
herein. The provisions of this Section 8.05(b) shall survive the termination of this Agreement and any resignation or removal
of the Trustee or the Certificate Administrator, respectively, and appointment of a successor thereto. The foregoing indemnity shall also
apply to the Certificate Administrator in all of its capacities hereunder, including Custodian, Certificate Registrar and Authenticating
Agent.

    	 	-426-	 

     

    

(c)              
 The Certificate Administrator shall indemnify and hold harmless the Depositor and the Mortgage Loan Sellers from and against any
claims, losses, damages, penalties, fines, forfeitures, legal fees and expenses and related costs, judgments and other costs and expenses
(for the avoidance of doubt, including reasonable attorneys’ fees and expenses and expenses relating to the enforcement of such
indemnity) incurred by the Depositor or any Mortgage Loan Seller or its Affiliates that arise out of or are based upon (i) a breach
by the Certificate Administrator, in its capacity as 17g-5 Information Provider or in any other capacity in which the Certificate
Administrator is required to make available information to a Privileged Person that is an NRSRO, of its obligations under this Agreement
or (ii) negligence, bad faith or willful misconduct on the part of the Certificate Administrator, in its capacity as 17g-5 Information
Provider or in any other capacity in which the Certificate Administrator is required to make available information to a Privileged Person
that is an NRSRO, in the performance of such obligations or its negligent disregard of its obligations and duties under this Agreement.

Section 8.06       
Eligibility Requirements for Trustee and Certificate Administrator. Each of the Trustee and the Certificate Administrator
hereunder shall at all times be, and will be required to resign if it fails to be, (i) a corporation, national bank, national banking
association or a trust company, organized and doing business under the laws of any state or the United States of America, authorized under
such laws to exercise corporate trust powers and to accept the trust conferred under this Agreement, having a combined capital and surplus
of at least $100,000,000 and subject to supervision or examination by federal or state authority and in the case of the Trustee, shall
not be an Affiliate of any Master Servicer or any Special Servicer (except during any period when the Trustee is acting as, or has become
successor to, the applicable Master Servicer or the applicable Special Servicer, as the case may be, pursuant to Section 7.02),
(ii)(a) in the case of the Trustee, an institution whose long-term senior unsecured debt is rated at least (A) “BBB”
by S&P, (B) “A” by Fitch (or short-term rating of “F1” by Fitch) and (C) if rated by DBRS Morningstar, “A”
by DBRS Morningstar, (b) in the case of the Certificate Administrator, an institution whose long-term senior unsecured debt is rated,
or long-term issuer credit rating is, at least “BBB” by S&P, “A” by Fitch (or short-term rating of “F1”
by Fitch) and, if rated by DBRS Morningstar, “BBB(high)” by DBRS Morningstar, except that with respect to the DBRS Morningstar
rating, in the case of Computershare Trust Company, National Association, it will not become ineligible as long as it maintains a rating
of “BBB” by any NRSRO, or (c) in the case of each of clause (ii)(a) and clause (ii)(b), such other rating with
respect to which the Rating Agencies have provided a Rating Agency Confirmation, and (iii) an entity that is not a Prohibited Party.

If such corporation, national
bank or national banking association publishes reports of condition at least annually, pursuant to law or to the requirements of the aforesaid
supervising or examining authority, then for the purposes of this Section 8.06 the combined capital and surplus of such corporation,
national bank or national banking association shall be deemed to be its combined capital and surplus as set forth in its most recent report
of condition so published. In the event the place of business from which the Certificate Administrator administers the Trust REMICs or
in which the Trustee’s office is located is in a state or local jurisdiction that imposes a tax on the Trust on the net income of
a REMIC (other than a tax corresponding to a tax imposed under the REMIC Provisions), the Certificate Administrator or the Trustee, as
applicable shall elect either to (i) resign immediately in the manner and with the effect specified in Section 8.07,
(ii) pay such tax at no expense to the Trust or (iii) administer the Trust REMICs from a state and local jurisdiction that does
not impose such a tax.

    	 	-427-	 

     

    

Section 8.07       
Resignation and Removal of the Trustee and Certificate Administrator. (a) The
Trustee and the Certificate Administrator may at any time resign and be discharged from the trusts hereby created by giving written notice
thereof to the Depositor, each Master Servicer, each Special Servicer and the Trustee or the Certificate Administrator, as applicable,
the Operating Advisor, the Asset Representations Reviewer, 17g-5 Information Provider and to all Certificateholders. The Certificate
Administrator shall post such notice to the Certificate Administrator’s Website in accordance with Section 3.13(b)
and provide notice of such event to each Master Servicer, each Special Servicer, the Depositor and the 17g-5 Information Provider,
which shall promptly post such notice to the 17g-5 Information Provider’s Website in accordance with Section 3.13(c).
Upon receiving such notice of resignation, the Depositor shall use its reasonable best efforts to promptly appoint a successor trustee
or successor certificate administrator acceptable to the General Master Servicer and, prior to the occurrence and continuance of a Control
Termination Event, the Directing Certificateholder by written instrument, in duplicate, which instrument shall be delivered to the resigning
Trustee or Certificate Administrator and to the successor trustee or certificate administrator. A copy of such instrument shall be delivered
to each Master Servicer, each Special Servicer, the Certificateholders and the Trustee or Certificate Administrator, as applicable, by
the Depositor. If no successor trustee or certificate administrator shall have been so appointed and have accepted appointment within
ninety (90) days after the giving of such notice of resignation, the resigning Trustee or Certificate Administrator may petition any
court of competent jurisdiction for the appointment of a successor trustee or certificate administrator, as applicable, and such petition
will be an expense of the Trust.

(b)              
If at any time the Trustee or Certificate Administrator shall cease to be eligible in accordance with the provisions of Section 8.06
(and in the case of the Certificate Administrator, Section 5.08) and shall fail to resign after written request therefor by
the Depositor or a Master Servicer, or if at any time the Trustee or Certificate Administrator shall become incapable of acting, or shall
be adjudged bankrupt or insolvent, or a receiver of the Trustee or the Certificate Administrator or of its property shall be appointed,
or any public officer shall take charge or control of the Trustee or Certificate Administrator or of its property or affairs for the purpose
of rehabilitation, conservation or liquidation, or if the Trustee or Certificate Administrator (if different than the Trustee) shall fail
to timely publish any report to be delivered, published or otherwise made available by the Certificate Administrator pursuant to Section 4.02
and such failure shall continue unremedied for a period of five (5) days, or if the Certificate Administrator fails to make distributions
required pursuant to Section 4.01 or Section 9.01, then the Depositor may remove the Trustee or Certificate Administrator,
as applicable, and appoint a successor trustee or certificate administrator acceptable to the requesting Master Servicer, by written instrument,
in duplicate, which instrument shall be delivered to the Trustee or Certificate Administrator so removed and to the successor trustee
or certificate administrator in the case of the removal of the Trustee or Certificate Administrator. A copy of such instrument shall be
delivered to each Master Servicer, each Special Servicer and the Certificateholders by the Depositor. If no successor trustee or certificate
administrator shall have been so appointed and have accepted appointment within ninety (90) days after the giving of such notice of removal,
the removed Trustee or Certificate Administrator may petition any court of competent jurisdiction for the appointment of a successor trustee
or certificate administrator, as applicable, at the expense of the Trust.

(c)              
The Holders of Certificates entitled to at least 75% of the Voting Rights may, upon thirty (30) days’ prior written notice,
with or without cause, remove the Trustee or

    	 	-428-	 

     

    

Certificate Administrator and appoint a successor
trustee or certificate administrator by written instrument or instruments, in triplicate, signed by such Holders or their attorneys-in-fact
duly authorized, one complete set of which instruments shall be delivered to each Master Servicer, one complete set to the Trustee or
Certificate Administrator so removed and one complete set to the successor so appointed. A copy of such instrument shall be delivered
to the Depositor, each Special Servicer and the remaining Certificateholders by each applicable Master Servicer. In the event of any such
termination without cause pursuant to this Section 8.07(c), the successor trustee or certificate administrator, as applicable,
shall be responsible for all costs and expenses necessary to effect the transfer of responsibilities from its predecessor.

(d)              
Any resignation or removal of the Trustee or Certificate Administrator and appointment of a successor trustee or certificate administrator
pursuant to any of the provisions of this Section 8.07 shall not become effective until (i) acceptance of appointment
by the successor trustee or certificate administrator as provided in Section 8.08 and (ii) the Certificate Administrator
shall have filed any required Form 8-K pursuant to Section 11.07 and any other Form 8-K filings have been completed with respect
to any related Companion Loan. Further, the resigning Trustee or Certificate Administrator, as the case may be, shall pay all costs and
expenses associated with the transfer of its duties.

If the same party is acting
as Trustee and Certificate Administrator pursuant to this Agreement, any removal of either such party in its capacity as Trustee or Certificate
Administrator, as applicable, shall also result in such party’s removal in its capacity as Trustee or Certificate Administrator,
as applicable, and the Depositor shall appoint a successor certificate administrator and a successor trustee, in each instance meeting
the eligibility requirements set forth hereunder.

Upon any succession of the
Trustee or Certificate Administrator under this Agreement, the predecessor Trustee or Certificate Administrator shall be entitled to the
payment of accrued and unpaid compensation and reimbursement as provided for under this Agreement for services rendered and expenses incurred
(including without limitation, unreimbursed Advances). No Trustee or Certificate Administrator shall be personally liable for any action
or omission of any successor trustee or certificate administrator.

(e)              
Upon the resignation, assignment, merger, consolidation, or transfer of the Trustee or its business to a successor, or upon the
termination of the Trustee, (a) the outgoing Trustee shall (i) endorse the original executed Mortgage Note for each Mortgage
Loan (to the extent that the original executed Mortgage Note for each Mortgage Loan was endorsed to the outgoing trustee), without recourse,
representation or warranty, express or implied, to the order of the successor, as trustee for the registered Holders of BANK 2022-BNK41,
Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41 or in blank, and (ii) in the case of the other assignable Mortgage
Loan documents (to the extent such other Mortgage Loan documents were assigned to the outgoing trustee), assign such Mortgage Loan documents
to such successor, and such successor shall review the documents delivered to it or to the Custodian with respect to each Mortgage Loan,
and certify in writing that, as to each Mortgage Loan then subject to this Agreement, such endorsement and assignment has been made; (b) if
any original executed Mortgage Note for a Mortgage Loan was not endorsed to the outgoing trustee, the Custodian shall, upon its receipt
of a Request for Release, deliver such Mortgage Note to the Depositor or the successor trustee, as requested, and the applicable Master
Servicer and the Depositor shall

    	 	-429-	 

     

    

cooperate with any successor trustee to ensure
that such Mortgage Note is endorsed (without recourse, representation or warranty, express or implied) to the order of the successor,
as trustee for the registered Holders of BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41 or in blank;
provided, however, that, notwithstanding anything to the contrary herein, to the extent any such endorsement of such Mortgage
Note requires the signature of the related Mortgage Loan Seller in order to comply with the foregoing, then the applicable Master Servicer
shall use reasonable efforts to cause the related Mortgage Loan Seller to execute such endorsement; (c) if any other assignable Mortgage
Loan document was not assigned to the outgoing trustee, the Custodian shall, upon its receipt of a Request for Release, deliver such Mortgage
Loan document to the Depositor or the successor trustee, as requested, and the applicable Master Servicer and the Depositor shall cooperate
with any successor trustee to ensure that such Mortgage Loan document is assigned to such successor trustee; and (d) in any case,
such successor trustee shall review the documents delivered to it or to the Custodian with respect to each Mortgage Loan, and certify
in writing that, as to each Mortgage Loan then subject to this Agreement, such endorsements and assignments have been made or, in the
event such endorsement or assignment cannot be made for any reason, to note the same in such certification.

(f)               
Neither the Asset Representations Reviewer nor any of its Affiliates may be appointed as successor trustee or certificate administrator.

Section 8.08       
Successor Trustee or Certificate Administrator. (a) Any successor
trustee or certificate administrator appointed as provided in Section 8.07 shall execute, acknowledge and deliver to the Depositor,
each Master Servicer, each Special Servicer and to its predecessor Trustee or Certificate Administrator an instrument accepting such appointment
hereunder, and thereupon the resignation or removal of the predecessor Trustee or Certificate Administrator shall become effective and
such successor trustee or certificate administrator without any further act, deed or conveyance, shall become fully vested with all the
rights, powers, duties and obligations of its predecessor hereunder, with the like effect as if originally named as Trustee or Certificate
Administrator herein. The predecessor Trustee shall deliver to the successor trustee all Mortgage Files and related documents and statements
held by it hereunder (other than any Mortgage Files at the time held on its behalf by the Custodian, which Custodian, at Custodian’s
option shall become the agent of the successor trustee), and the Depositor, the applicable Master Servicer, the applicable Special Servicer
and the predecessor Trustee shall execute and deliver such instruments and do such other things as may reasonably be required to more
fully and certainly vest and confirm in the successor trustee all such rights, powers, duties and obligations, and to enable the successor
trustee to perform its obligations hereunder.

(b)              
No successor trustee or successor certificate administrator shall, as applicable, accept appointment as provided in this Section 8.08
unless at the time of such acceptance such successor trustee or successor certificate administrator, as applicable, shall be eligible
under the provisions of Section 8.06.

(c)              
Upon acceptance of appointment by a successor trustee or successor certificate administrator as provided in this Section 8.08,
the General Master Servicer shall deliver notice of the succession of such Trustee or Certificate Administrator, as applicable, to the
Depositor and the Certificateholders. If the General Master Servicer fails to deliver such notice within ten (10) days after acceptance
of appointment by the successor trustee or successor

    	 	-430-	 

     

    

certificate administrator, as applicable, such
successor trustee or successor certificate administrator shall cause such notice to be delivered at the expense of the General Master
Servicer.

Section 8.09       
Merger or Consolidation of Trustee or Certificate Administrator. Any Person into which the Trustee or the Certificate Administrator
may be merged or converted or with which it may be consolidated or any Person resulting from any merger, conversion or consolidation to
which the Trustee or the Certificate Administrator shall be a party, or any Person succeeding to all or substantially all of the corporate
trust business of the Trustee or the Certificate Administrator shall be the successor of the Trustee or the Certificate Administrator,
as applicable, hereunder; provided that, in the case of the Trustee, such successor person shall be eligible under the provisions
of Section 8.06, without the execution or filing of any paper or any further act on the part of any of the parties hereto,
anything herein to the contrary notwithstanding. The Certificate Administrator shall post such notice to the Certificate Administrator’s
Website in accordance with Section 3.13(b) and shall provide notice of such event to each Master Servicer, each Special Servicer,
the Depositor and the 17g-5 Information Provider, which shall post such notice to the 17g-5 Information Provider’s Website
in accordance with Section 3.13(c).

Section 8.10       
Appointment of Co-Trustee or Separate Trustee.

(a) Notwithstanding any other provisions hereof, at any time, for the purpose
of meeting any legal requirements of any jurisdiction in which any part of the Trust Fund or property securing the same may at the time
be located, each applicable Master Servicer and the Trustee acting jointly shall have the power and shall execute and deliver all instruments
to appoint one or more Persons approved by the Trustee to act as co-trustee or co-trustees, jointly with the Trustee, or separate
trustee or separate trustees, of all or any part of the Trust Fund, and to vest in such Person or Persons, in such capacity, such title
to the Trust, or any part thereof, and, subject to the other provisions of this Section 8.10, such powers, duties, obligations,
rights and trusts as each applicable Master Servicer and the Trustee may consider necessary or desirable. If any Master Servicer shall
not have joined in such appointment within fifteen (15) days after the receipt by it of a request to do so, or in case a Servicer Termination
Event shall have occurred and be continuing, the Trustee alone shall have the power to make such appointment. No co-trustee or separate
trustee hereunder shall be required to meet the terms of eligibility as a successor trustee under Section 8.06 hereunder and
no notice to Holders of Certificates of the appointment of co-trustee(s) or separate trustee(s) shall be required under Section 8.08.
All co-trustee fees shall be payable out of the Trust Fund.

(b)              
In the case of any appointment of a co-trustee or separate trustee pursuant to this Section 8.10, all rights, powers,
duties and obligations conferred or imposed upon the Trustee shall be conferred or imposed upon and exercised or performed by the Trustee
and such separate trustee or co-trustee jointly, except to the extent that under any law of any jurisdiction in which any particular
act or acts are to be performed (whether as Trustee hereunder or as successor to a Master Servicer or a Special Servicer hereunder), the
Trustee shall be incompetent or unqualified to perform such act or acts, in which event such rights, powers, duties and obligations (including
the holding of title to the Trust or any portion thereof in any such jurisdiction) shall be exercised and performed by such separate trustee
or co-trustee at the direction of the Trustee.

(c)              
Any notice, request or other writing given to the Trustee shall be deemed to have been given to each of the then-separate trustees
and co-trustees, as effectively as if given to

    	 	-431-	 

     

    

each of them. Every instrument appointing any
separate trustee or co-trustee shall refer to this Agreement and the conditions of this Article VIII. Each separate trustee
and co-trustee, upon its acceptance of the trusts conferred, shall be vested with the estates or property specified in its instrument
of appointment, either jointly with the Trustee or separately, as may be provided therein, subject to all the provisions of this Agreement,
specifically including every provision of this Agreement relating to the conduct of, affecting the liability of, or affording protection
to, the Trustee. Every such instrument shall be filed with the Trustee.

(d)            
Any separate trustee or co-trustee may, at any time, constitute the Trustee, its agent or attorney-in-fact, with full
power and authority, to the extent not prohibited by law, to do any lawful act under or in respect of this Agreement on its behalf and
in its name. If any separate trustee or co-trustee shall die, become incapable of acting, resign or be removed, all of its estates,
properties, rights, remedies and trusts shall vest in and be exercised by the Trustee, to the extent permitted by law, without the appointment
of a new or successor trustee.

(e)              
The appointment of a co-trustee or separate trustee under this Section 8.10 shall not relieve the Trustee of its
duties and responsibilities hereunder.

Section 8.11       
Appointment of Custodians. The Certificate Administrator is hereby appointed as the Custodian to hold all or a portion of
the Mortgage Files. The Custodian shall be a depository institution subject to supervision by federal or state authority, shall have combined
capital and surplus of at least $15,000,000 and shall be qualified to do business in the jurisdiction in which it holds any Mortgage File.
The Custodian shall be subject to the same obligations and standard of care as would be imposed on the Certificate Administrator hereunder
in connection with the retention of Mortgage Files directly by the Certificate Administrator. Upon termination or resignation of the Custodian,
the Certificate Administrator may appoint another Custodian meeting the foregoing requirements. The appointment of one or more Custodians
by the Certificate Administrator shall not relieve the Certificate Administrator from any of its obligations hereunder, and the Certificate
Administrator shall remain responsible for all acts and omissions of any Custodian other than the initial Custodian. Any Custodian appointed
hereunder must maintain a fidelity bond and errors and omissions policy in an amount customary for Custodians which serve in such capacity
in commercial mortgage loan securitization transactions, or may self-insure.

Section 8.12       
Representations and Warranties of the Trustee. The Trustee hereby represents and warrants to the Depositor, each Master
Servicer, each Special Servicer, the Operating Advisor, the Asset Representations Reviewer, each Serviced Companion Noteholder and the
Certificate Administrator for the benefit of the Certificateholders, as of the Closing Date, that:

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

(ii)               
The execution and delivery of this Agreement by the Trustee, and the performance and compliance with the terms of this Agreement
by the Trustee, will not violate the Trustee’s charter and by-laws or constitute a default (or an event which, with notice or
lapse of time, or both, would constitute a default) under, or result in the breach

    	 	-432-	 

     

    

of, any material agreement or other instrument
to which it is a party or which is applicable to it or any of its assets;

(iii)            
The Trustee has the full power and authority to enter into and consummate all transactions contemplated by this Agreement, has
duly authorized the execution, delivery and performance of this Agreement, and has duly executed and delivered this Agreement;

(iv)            
This Agreement, assuming due authorization, execution and delivery by each of the other parties hereto, constitutes a valid, legal
and binding obligation of the Trustee, enforceable against the Trustee in accordance with the terms hereof, subject to (a) applicable
bankruptcy, insolvency, reorganization, moratorium and other laws affecting the enforcement of creditors’ rights generally and
the rights of creditors of national banking associations specifically and (b) general principles of equity, regardless of whether
such enforcement is considered in a proceeding in equity or at law;

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

(vi)             
No litigation is pending or, to the best of the Trustee’s knowledge, threatened against the Trustee which would prohibit
the Trustee from entering into this Agreement or, in the Trustee’s good faith and reasonable judgment, is likely to materially and
adversely affect the ability of the Trustee to perform its obligations under this Agreement; and

(vii)          
No consent, approval, authorization or order of any court or governmental agency or body is required for the execution, delivery
and performance by the Trustee, or compliance by the Trustee with, this Agreement or the consummation of the transactions contemplated
by this Agreement, except for any consent, approval, authorization or order which has not been obtained or cannot be obtained prior to
the actual performance by the Trustee of its obligations under this Agreement, and which, if not obtained would not have a materially
adverse effect on the ability of the Trustee to perform its obligations hereunder.

Section 8.13       
Provision of Information to Certificate Administrator, Master Servicers and Special Servicers. The applicable Master Servicer
shall promptly, upon request, provide the applicable Special Servicer and the Certificate Administrator with notice of any change in the
identity and/or contact information of any Serviced Companion Noteholder (to the extent it receives written notice of such change). The
Certificate Administrator, each applicable Master Servicer and each applicable Special Servicer may each conclusively rely on the information
provided to them regarding identity and/or contact information regarding any Serviced Companion Noteholder, and the Certificate Administrator,
each applicable Master Servicer and each applicable Special Servicer, as applicable, shall have no liability for notices not sent to the
correct Serviced

    	 	-433-	 

     

    

Companion Noteholders or any obligation to
determine the identity and/or contact information of the Serviced Companion Noteholders to the extent updated or correct information regarding
the holders of any of the Serviced Companion Noteholders or the most recent identity and/or contact information regarding any of the Serviced
Companion Noteholders has not been provided to the Certificate Administrator, such Master Servicer or such Special Servicer, as applicable.

Section 8.14       
Representations and Warranties of the Certificate Administrator. The Certificate Administrator hereby represents and warrants
to the Depositor, each Master Servicer, each Special Servicer, the Operating Advisor, the Asset Representations Reviewer, each Serviced
Companion Noteholder, and the Trustee, for the benefit of the Certificateholders, as of the Closing Date, that:

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

(ii)                              The execution and delivery of this Agreement by the Certificate Administrator, and the performance and compliance with the terms
of this Agreement by the Certificate Administrator, will not violate the Certificate Administrator’s charter and by-laws or
constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, or result in the breach
of, any material agreement or other instrument to which it is a party or which is applicable to it or any of its assets;

(iii)            
The Certificate Administrator has the full power and authority to enter into and consummate all transactions contemplated by this
Agreement, has duly authorized the execution, delivery and performance of this Agreement, and has duly executed and delivered this Agreement;

(iv)            
This Agreement, assuming due authorization, execution and delivery by each of the other parties hereto, constitutes a valid, legal
and binding obligation of the Certificate Administrator, enforceable against the Certificate Administrator in accordance with the terms
hereof, subject to (a) applicable bankruptcy, insolvency, reorganization, moratorium and other laws affecting the enforcement
of creditors’ rights generally and the rights of creditors of national banking associations specifically and (b) general
principles of equity, regardless of whether such enforcement is considered in a proceeding in equity or at law;

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

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(vi)            
 No litigation is pending or, to the best of the Certificate Administrator’s knowledge, threatened against the Certificate
Administrator which would prohibit the Certificate Administrator from entering into this Agreement or, in the Certificate Administrator’s
good faith and reasonable judgment, is likely to materially and adversely affect either the ability of the Certificate Administrator to
perform its obligations under this Agreement or the financial condition of the Certificate Administrator; and

(vii)          
No consent, approval, authorization or order of any court or governmental agency or body is required for the execution, delivery
and performance by the Certificate Administrator, or compliance by the Certificate Administrator with, this Agreement or the consummation
of the transactions contemplated by this Agreement, except for any consent, approval, authorization or order which has not been obtained
or cannot be obtained prior to the actual performance by the Certificate Administrator of its obligations under this Agreement, and which,
if not obtained would not have a materially adverse effect on the ability of the Certificate Administrator to perform its obligations
hereunder.

Section 8.15       
Compliance with the PATRIOT Act. In order to comply with the laws, rules, regulations and executive orders in effect from
time to time applicable to banking institutions, including those relating to the funding of terrorist activities and money laundering
(“Applicable Laws”), each of the Trustee, the Certificate Administrator, each applicable Special Servicer and each
applicable Master Servicer is required to obtain, verify and record certain information relating to individuals and entities which maintain
a business relationship with the Trustee, the Certificate Administrator, each applicable Special Servicer or each applicable Master Servicer,
as applicable, arising out of the Trust or this Agreement. Accordingly, each of the parties to this Agreement agrees to provide to the
Trustee, the Certificate Administrator, each Special Servicer and each Master Servicer, upon its respective reasonable request from time
to time such identifying information and documentation as may be available for such party in order to enable the Trustee, the Certificate
Administrator, each Special Servicer and each Master Servicer to comply with Applicable Laws.

[End of Article VIII]

Article IX

TERMINATION

Section 9.01       
Termination upon Repurchase or Liquidation of All Mortgage Loans. Subject to this Section 9.01 and Section 9.02,
the Trust and the respective obligations and responsibilities under this Agreement of the Certificate Administrator (other than the obligations
of the Certificate Administrator to provide for and make payments to Certificateholders as hereafter set forth), the Depositor, each applicable
Master Servicer, each applicable Special Servicer, the Operating Advisor, the Asset Representations Reviewer and the Trustee, shall terminate
upon payment (or provision for payment) to the Certificateholders of all amounts held by the Certificate Administrator and required hereunder
to be so paid on the Distribution Date following the earlier to occur of (i) the final payment (or related Advance) or other liquidation
of the last Mortgage Loan and REO Property (as applicable) subject hereto, (ii) the purchase or other liquidation by the Holder of
the majority of the Controlling Class, the Special Servicer servicing

    	 	-435-	 

     

    

the greater principal balance of the Mortgage
Loans as of that time, the other Special Servicer, the Master Servicer servicing the greater principal balance of the Mortgage Loans as
of that time, the other Master Servicer, or the Holders of the Class R Certificates, in that order of priority, of all the Mortgage
Loans and the Trust’s portion of each REO Property remaining in the Trust Fund at a price equal to (a) the sum of (1) the
Termination Purchase Amount and (2) the reasonable out-of-pocket expenses of each applicable Master Servicer and each applicable
Special Servicer with respect to such termination, unless such Master Servicer or such Special Servicer, as applicable, is the purchaser
of such Mortgage Loans, minus (b) solely in the case where a Master Servicer is exercising such purchase right, the aggregate
amount of unreimbursed Advances, together with any interest accrued and payable to the applicable Master Servicer in respect of such Advances
in accordance with Section 3.03(d) and Section 4.03(d) and any unpaid Servicing Fees, remaining outstanding and
payable solely to such Master Servicer (which items shall be deemed to have been paid or reimbursed to the applicable Master Servicer
in connection with such purchase) or (iii) so long as the Class A-1, Class A-SB, Class D and Class E Certificates and the Class A-3,
Class A-4, Class A-S, Class B and Class C Upper-Tier Regular Interests, are no longer outstanding, the voluntary exchange by the Sole
Certificateholder of all the outstanding Certificates (other than the Class V Certificates, the Class R Certificates and the RR Interest)
and the payment or deemed payment by such exchanging party of the Termination Purchase Amount for the remaining Mortgage Loans and REO
Properties in the Trust Fund pursuant to the terms of the immediately succeeding paragraph, of which (a) an amount equal to the product
of (i) the Required Credit Risk Retention Percentage and (ii) the Termination Purchase Amount will be paid to the Holders of the RR Interest
in exchange for the surrender of the RR Interest, and (b) an amount equal to the product of (i) the Non-Retained Percentage and (ii) the
Termination Purchase Amount will be deemed paid to the Trust and deemed distributed to the Holder or Holders of the then-outstanding Certificates
(other than the RR Interest) in exchange for such Certificates; provided, however, that in no event shall the trust created
hereby continue beyond the expiration of twenty-one (21) years from the death of the last survivor of the descendants of Joseph P.
Kennedy, the late ambassador of the United States to the Court of St. James’s, living on the date hereof. Upon termination of the
Trust pursuant to clause (i) of the immediately preceding sentence, the Custodian shall release or cause to be released to the General
Master Servicer and the NCB Master Servicer, at their respective addresses provided in Section 13.05 of this Agreement or to such
other address designated by it in writing, those Mortgage Files remaining in its possession relating to the Mortgage Loans other than
the NCB Mortgage Loans (in the case of the General Master Servicer) and those Mortgage Files relating to the NCB Mortgage Loans (in the
case of the NCB Master Servicer). In connection with a termination of the Trust under this Article IX, the obligations and responsibilities
of the Custodian under this Agreement shall terminate upon its delivery of such Mortgage Files to the applicable Master Servicer, Sole
Certificateholder or other party as required by this Section 9.01, except for the obligation of the Custodian to execute assignments,
endorsements and other instruments as required by this Section 9.01.

Following the date on which
the Class A-1, Class A-SB, Class D and Class E Certificates and the Class A-3, Class A-4, Class A-S, Class B and Class C Upper-Tier
Regular Interests are no longer outstanding (and provided that there is only one Holder (or multiple Holders acting in unanimity)
of the then-outstanding Certificates (other than the Class V Certificates, the Class R Certificates and the RR Interest)), the Sole
Certificateholder shall have the right, with the consent of each applicable Master Servicer, to exchange all of its Certificates (other
than the Class V Certificates, the Class R Certificates and the RR Interest) together with the payment or deemed

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payment of the Termination Purchase Amount
for all of the Mortgage Loans and each REO Property remaining in the Trust Fund as contemplated by clause (iii) of the first
paragraph of this Section 9.01(a) by giving written notice to all the parties hereto no later than sixty (60) days prior to
the anticipated date of exchange. In the event that the Sole Certificateholder elects to exchange all of its Certificates (other than
the Class V Certificates, Class R Certificates and the RR Interest) and pay the Termination Purchase Amount for all of the Mortgage
Loans and the Trust’s portion of each REO Property remaining in the Trust in accordance with the preceding sentence, such Sole Certificateholder,
not later than the Distribution Date on which the final distribution on the Certificates is to occur, shall (i) remit for deposit in the
Collection Account of the General Master Servicer an amount in immediately available funds equal to (a) the product of the Required Credit
Risk Retention Percentage and the Termination Purchase Amount plus (b) all amounts due and owing to the Depositor, each applicable Master
Servicer, each applicable Special Servicer, the Trustee and the Certificate Administrator hereunder through the date of the liquidation
of the Trust that may be withdrawn from the applicable Collection Account, or an escrow account acceptable to the respective parties hereto,
pursuant to Section 3.05(a) or that may be withdrawn from the Distribution Account pursuant to Section 3.05(a),
but only to the extent that such amounts are not already on deposit in the applicable Collection Account, and (ii) be deemed to pay to
the Trust (which amount shall be further deemed distributed to the Holders of all outstanding Certificates (other than the RR Interest))
an amount equal to the product of the Non-Retained Percentage and the Termination Purchase Amount. In addition, each Master Servicer shall
transfer all amounts required to be transferred to the Lower-Tier REMIC Distribution Account and Excess Interest Distribution Account
on the P&I Advance Date related to such Distribution Date in which the final distribution on the Certificates is to occur from the
applicable Collection Account pursuant to the first paragraph of Section 3.04(b) (provided, however, that if
a Serviced Whole Loan is secured by REO Property, the portion of the above-described purchase price allocable to such Trust’s
portion of REO Property shall initially be deposited into the related REO Account). Upon confirmation that such final deposits have been
made and following the surrender of all its Certificates (other than the Class V Certificates, Class R Certificates and the RR Interest)
on the applicable Distribution Date, (i) the Certificate Administrator shall remit to the Holders of the RR Interest in immediately available
funds an amount equal to the product of the Required Credit Risk Retention Percentage and the Termination Purchase Amount and (ii) the
Custodian shall, upon receipt of a Request for Release from each applicable Master Servicer, release or cause to be released to the Sole
Certificateholder or any designee thereof, the Mortgage Files for the remaining Mortgage Loans and shall execute all assignments, endorsements
and other instruments furnished to it by the Sole Certificateholder as shall be necessary to effectuate transfer of the Mortgage Loans
and REO Properties remaining in the Trust Fund, and the Trust shall be liquidated in accordance with Section 9.02. Solely
for federal income tax purposes, the Sole Certificateholder shall be deemed to have purchased the assets of the Lower-Tier REMIC for
an amount equal to the aggregate remaining Certificate Balance of the Principal Balance Certificates (other than any Exchangeable Certificates)
and the Exchangeable Upper-Tier P&I Regular Interests, plus accrued, unpaid interest with respect thereto, and the Certificate Administrator
shall credit such amounts against amounts distributable in respect of such Certificates, Exchangeable Upper-Tier P&I Regular Interests
and Related Lower-Tier Regular Interests.

The obligations and responsibilities
under this Agreement of the Depositor, each applicable Master Servicer, each applicable Special Servicer, the Trustee, the Certificate
Administrator and the Companion Paying Agent shall terminate with respect to any Companion

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Loan to the extent (i) its related Serviced
Mortgage Loan has been paid in full or is no longer part of the Trust Fund and (ii) no amounts payable by the related Companion Holder
to or for the benefit of the Trust or any party hereto in accordance with the related Intercreditor Agreement remain due and owing.

The Holder of the majority
of the Controlling Class, the Special Servicer servicing the greater principal balance of the Mortgage Loans as of that time, the other
Special Servicer, the Master Servicer servicing the greater principal balance of the Mortgage Loans as of that time, the other Master
Servicer, or the Holders of the Class R Certificates, in that order of priority, may, at their option, elect to purchase all of the
Mortgage Loans (and all property acquired through exercise of remedies in respect of any related Mortgage Loan) and the Trust’s
portion of each REO Property remaining in the Trust Fund as contemplated by clause (ii) of the first paragraph of this Section 9.01
by giving written notice to the Trustee, the Certificate Administrator, and the other parties hereto no later than sixty (60) days prior
to the anticipated date of purchase; provided, however, that the Holders of the Controlling Class, any Special Servicer,
any Master Servicer, or the Holders of the Class R Certificates may so elect to purchase all of the Mortgage Loans and the Trust’s
portion of each REO Property remaining in the Trust Fund only on or after the first Distribution Date on which the aggregate Stated Principal
Balance of the Mortgage Loans and the portion of any REO Loans held by the Trust is less than 1.0% of the aggregate Cut-off Date Balance
of the Mortgage Loans as set forth in the Preliminary Statement (solely for the purposes of this calculation, if such right is being exercised
after May 2032 and the 1600 Broadway Mortgage Loan is still an asset of the Trust Fund, then such Mortgage Loan that is still an asset
of the Trust Fund shall be excluded from the aggregate Cut-off Date Balance of the Mortgage Loans and the aggregate Stated Principal Balance
of the Mortgage Loans as of the related determination date) (in order to make such determination, the General Master Servicer may, at
any time, request that the NCB Master Servicer commence to periodically inform the General Master Servicer of the Stated Principal Balance
of the NCB Mortgage Loans and, commencing upon such request of the General Master Servicer, the NCB Master Servicer shall inform the General
Master Servicer (which may be through providing the General Master Servicer access to the NCB Master Servicer’s website) of the
Stated Principal Balance of the NCB Mortgage Loans on a monthly basis, or at an accelerated interval as requested by the General Master
Servicer of the NCB Master Servicer). This purchase shall terminate the Trust and retire the then-outstanding Certificates. In the event
that a Master Servicer or a Special Servicer purchases, or the Holder of the majority of the Controlling Class or the Holders of the Class R
Certificates purchase, all of the Mortgage Loans and the Trust’s portion of each REO Property remaining in the Trust Fund in accordance
with the preceding sentence, the applicable Master Servicer, the applicable Special Servicer, the Holder of the majority of the Controlling
Class or the Holders of the Class R Certificates, as the case may be, shall deposit in the Lower-Tier REMIC Distribution Account
not later than the P&I Advance Date relating to the Distribution Date on which the final distribution on the Certificates is to occur,
an amount in immediately available funds equal to the above-described purchase price (exclusive of any portion thereof payable to
any Person other than the Certificateholders pursuant to Section 3.05(a), which portion shall be deposited in the Collection
Account of the General Master Servicer). In addition, each Master Servicer shall transfer to the Lower-Tier REMIC Distribution Account
all amounts required to be transferred thereto on such P&I Advance Date from its Collection Account pursuant to the first paragraph
of Section 3.04(b), together with any other amounts on deposit in its Collection Account that would otherwise be held for
future distribution. Upon confirmation that such final deposits and payments have been made, the Custodian shall

    	 	-438-	 

     

    

release or cause to be released to the applicable
Master Servicer, the applicable Special Servicer, the Holder of the majority of the Controlling Class or the Holders of the Class R
Certificates, as applicable, the Mortgage Files for the remaining Mortgage Loans and shall execute all assignments, endorsements and other
instruments furnished to it by the applicable Master Servicer, the applicable Special Servicer, the Holder of the majority of the Controlling
Class or the Holders of the Class R Certificates, as the case may be, as shall be necessary to effectuate transfer of the Mortgage
Loans as assets of the Trust and REO Properties remaining in the Trust Fund. If the Holders of the majority of the Controlling Class,
the General Special Servicer, the NCB Special Servicer (if not then NCB), the General Master Servicer or the NCB Master Servicer (if not
then NCB) makes such an election, then NCB (so long as NCB is either the NCB Special Servicer or the NCB Master Servicer) will have the
option, by giving written notice to the other parties hereto no later than 30 days prior to the anticipated date of purchase, to purchase
all of the NCB Mortgage Loans and each related REO Property remaining in the Trust, and the other party will then have the option to purchase
only the remaining Mortgage Loans and each related REO Property.

For purposes of this Section 9.01,
the Holder of the majority of the Controlling Class shall have the first option to terminate the Upper-Tier REMIC and Lower-Tier
REMIC, then the Special Servicer servicing the greater principal balance of the Mortgage Loans as of that time, then the other Special
Servicer, then the Master Servicer servicing the greater principal balance of the Mortgage Loans as of that time, then the other Master
Servicer, and then the Holders of the Class R Certificates. For purposes of this Section 9.01, the Directing Certificateholder
with the consent of the Holders of the Controlling Class, shall act on behalf of the Holders of the Controlling Class in purchasing the
assets of the Trust and terminating the Trust.

Notice of any termination
pursuant to this Section 9.01 shall be given promptly by the Certificate Administrator by letter to the Certificateholders,
each Serviced Companion Noteholder and the 17g-5 Information Provider in accordance with the provisions of Section 3.13(c)
(who shall promptly post a copy of such additional notice on the 17g-5 Information Provider’s Website in accordance with the
provisions of Section 3.13(c)) and, if not previously notified pursuant to this Section 9.01, to the other parties
hereto mailed (a) in the event such notice is given in connection with the purchase of all of the Mortgage Loans is an asset of the
Trust and each REO Property remaining in the Trust Fund, not earlier than the fifteenth (15th) day and not later than the twenty-fifth
(25th) day of the month next preceding the month of the final distribution on the Certificates, or (b) otherwise during the month
of such final distribution on or before the P&I Advance Determination Date in such month, in each case specifying (i) the Distribution
Date upon which the Trust will terminate and final payment of the Certificates will be made, (ii) the amount of any such final payment
and (iii) that the Record Date otherwise applicable to such Distribution Date is not applicable, payments being made only upon presentation
and surrender of the Certificates at the offices of the Certificate Registrar or such other location therein designated. Upon termination
of the Trust pursuant to this Section 9.01, the Certificate Administrator shall provide notice thereof to the Trustee via
email.

After transferring the Lower-Tier
Distribution Amount and the amount of any Prepayment Premiums and Yield Maintenance Charges distributable to the Regular Certificates
and the Exchangeable Certificates pursuant to Section 4.01(e) to the Upper-Tier REMIC Distribution Account, in each case
pursuant to Section 3.04(b) and upon presentation and surrender of the Certificates by the Certificateholders on the final
Distribution Date, the Certificate

    	 	-439-	 

     

    

Administrator shall distribute to each Certificateholder
so presenting and surrendering its Certificates (i) such Certificateholder’s Percentage Interest of that portion of the amounts
then on deposit in the Upper-Tier REMIC Distribution Account that are allocable to payments on the Class of Certificates so presented,
(ii) to Holders of the Excess Interest Certificates or the RR Interest so presented, any amounts remaining on deposit in the Excess
Interest Distribution Account, and (iii) any remaining amount shall be distributed to the Class R Certificates in respect of
the Class LR Interest or the Class UR Interest, as applicable. Amounts transferred from the Lower-Tier REMIC Distribution
Account to the Upper-Tier REMIC Distribution Account as of the final Distribution Date, shall be distributed in termination and liquidation
of the Lower-Tier Regular Interests and the Class LR Interest in accordance with Sections 4.01(a), 4.01(b), 4.01(c),
4.01(e) and 4.01(f). Any funds not distributed on such Distribution Date shall be set aside and held uninvested in trust
for the benefit of the Certificateholders not presenting and surrendering their Certificates in the aforesaid manner and shall be disposed
of in accordance with this Section 9.01 and Section 4.01(h).

Section 9.02       
Additional Termination Requirements. (a) In the event a Master
Servicer or a Special Servicer purchases, or the Holders of the Controlling Class or the Holders of the Class R Certificates purchase,
all of the Mortgage Loans and the Trust’s portion of each REO Property remaining in the Trust Fund as provided in Section 9.01,
the Upper-Tier REMIC and Lower-Tier REMIC, as applicable, shall be terminated in accordance with the following additional requirements,
which meet the definition of a “qualified liquidation” in Section 860F(a)(4) of the Code:

(i)                 
the Certificate Administrator shall specify the date of adoption of the plan of complete liquidation (which shall be the date of
mailing of the notice specified in Section 9.01) in a statement attached to each of the related Trust REMICs’ final
Tax Returns pursuant to Treasury Regulations Section 1.860F-1;

(ii)               
during the 90-day liquidation period and at or prior to the time of the making of the final payment on the Certificates, the
Certificate Administrator on behalf of the Trustee shall sell all of the assets of the related Trust REMICs to the applicable Master Servicer,
the applicable Special Servicer, the Holders of the Controlling Class or the Holders of the Class R Certificates, as applicable,
for cash; and

(iii)              
within such 90-day liquidation period and immediately following the making of the final payment on the Lower-Tier Regular Interests
and the Certificates, the Certificate Administrator shall distribute or credit, or cause to be distributed or credited, to the Holders
of the Class R Certificates in respect of the Class LR Interest (in the case of the Lower-Tier REMIC) and in respect of
the Class UR Interest (in the case of the Upper-Tier REMIC) all cash on hand (other than cash retained to meet claims), and the
Trust (if applicable) or the related Trust REMIC(s) shall terminate at that time.

[End of Article IX]

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Article X

ADDITIONAL REMIC PROVISIONS

Section 10.01   
REMIC Administration. (a) The Certificate Administrator shall
make elections or cause elections to be made to treat each Trust REMIC as a REMIC under the Code and, if necessary, under Applicable
State and Local Tax Law. Each such election will be made on Form 1066 or other appropriate federal tax return for the taxable
year ending on the last day of the calendar year in which the Lower-Tier Regular Interests and the Certificates are issued. For the purposes
of the REMIC election in respect of the Upper-Tier REMIC, the Upper-Tier Regular Interests shall be designated the “regular
interests,” and the Class UR Interest shall be designated the sole class of “residual interests” in the Upper-Tier
REMIC. For purposes of the REMIC election in respect of the Lower-Tier REMIC, each Class of Lower-Tier Regular Interests shall be
designated as a class of “regular interests” and the Class LR Interest shall be designated as the sole class of “residual
interests” in the Lower-Tier REMIC. Each applicable Special Servicer, each applicable Master Servicer and the Trustee shall
not permit the creation of any “interests” (within the meaning of Section 860G of the Code) in any Trust REMIC other
than the foregoing interests. The Certificate Administrator shall prepare or cause to be prepared and timely produced to the Trustee
to sign (and the Trustee shall timely sign) and file or cause to be filed with the Internal Revenue Service, on behalf of each of the
Lower-Tier REMIC and the Upper-Tier REMIC, an application for a taxpayer identification number for such Trust REMIC on IRS Form SS-4
or obtain such number by other permissible means. The Certificate Administrator shall be responsible for the preparation of the related
IRS Form W-9, if such form is requested. The Trustee shall be entitled to rely on the information contained therein, and is hereby directed
to execute such IRS Form W-9; provided, however, the Certificate Administrator shall also be directed to execute such IRS Form W-9 (in
lieu of the Trustee) if permitted by IRS regulations.

(b)              
The Closing Date is hereby designated as the “startup day” (“Startup Day”) of each Trust REMIC within
the meaning of Section 860G(a)(9) of the Code.

(c)              
The Certificate Administrator shall act on behalf of each Trust REMIC in relation to any tax matter or controversy involving either
such REMIC and shall represent each such REMIC in any administrative or judicial proceeding relating to an examination or audit by any
governmental taxing authority with respect thereto. The legal expenses, including without limitation attorneys’ or accountants’
fees, and costs of any such proceeding and any liability resulting therefrom shall be expenses of the Trust and the Certificate Administrator
shall be entitled to reimbursement therefor out of amounts attributable to the Mortgage Loans and any REO Properties on deposit in each
applicable Collection Account as provided by Section 3.05(a) unless such legal expenses and costs are incurred by reason of
the Certificate Administrator’s willful misconduct, bad faith or negligence. The Certificate Administrator shall be designated as
the “partnership representative” within the meaning of Section 6223 of the Code of each Trust REMIC. By their acceptance thereof,
the Holders of the Class R Certificates agree to the designation of the Certificate Administrator as “partnership representative”
for the Trust REMICs.

(d)              
The Certificate Administrator shall prepare or cause to be prepared and shall file, or cause to be filed, all of the Tax Returns
that it determines are required with respect to each Trust REMIC created hereunder, and shall cause the Trustee to sign (and the Trustee
shall timely

    	 	-441-	 

     

    

sign) such Tax Returns in a timely manner.
The ordinary expenses of preparing such returns shall be borne by the Certificate Administrator without any right of reimbursement therefor.
The Certificate Administrator shall prepare or cause to be prepared, and file or cause to be filed with the IRS, on behalf of each of
the Lower-Tier REMIC and the Upper-Tier REMIC, an application for a taxpayer identification number for such REMIC on IRS Form SS-4 or
obtain such number by other permissible means.

(e)              
The Certificate Administrator shall provide or cause to be provided (i) to any Transferor of a Class R Certificate such
information as is necessary for the application of any tax relating to the transfer of such Class R Certificate to any Person who
is a Disqualified Organization, or in the case of a Transfer to an agent thereof, to such agent, (ii) to the Certificateholders such
information or reports as are required by the Code or the REMIC Provisions including reports relating to interest, original issue discount
and market discount or premium (using the Prepayment Assumption) and (iii) to the Internal Revenue Service, Form 8811, within
thirty (30) days after the Closing Date.

(f)                
The Certificate Administrator shall take such actions and shall cause the Trust to take such actions as are reasonably within the
Certificate Administrator’s control and the scope of its duties more specifically set forth herein as shall be necessary to maintain
the status of each Trust REMIC as a REMIC under the REMIC Provisions and the Trustee shall assist the Certificate Administrator to the
extent reasonably requested by the Certificate Administrator to do so. No Master Servicer or Special Servicer shall knowingly or intentionally
take any action, cause the Trust to take any action or fail to take (or fail to cause to be taken) any action reasonably within its control
and the scope of duties more specifically set forth herein, that, under the REMIC Provisions, if taken or not taken, as the case may be,
could (i) cause any Trust REMIC to fail to qualify as a REMIC or (ii) result in the imposition of a tax upon any Trust REMIC
or the Trust (including but not limited to the tax on “prohibited transactions” as defined in Section 860F(a)(2) of the
Code and the tax on contributions to a REMIC set forth in Section 860G(d) of the Code, but not including the tax on “net income
from foreclosure property”) (either such event, an “Adverse REMIC Event”) unless the Certificate Administrator
receives an Opinion of Counsel (at the expense of the party seeking to take such action or, if such party fails to pay such expense, and
the Certificate Administrator determines that taking such action is in the best interest of the Trust and the Certificateholders, at the
expense of the Trust, but in no event at the expense of the Certificate Administrator or the Trustee) to the effect that the contemplated
action will not, with respect to the Trust, any Trust REMIC created hereunder, cause the loss of such status or, unless the Certificate
Administrator determines in its sole discretion to indemnify the Trust against such tax, result in the imposition of such a tax (not including
a tax on “net income from foreclosure property”). The Trustee shall not take or fail to take any action (whether or not authorized
hereunder) as to which the Certificate Administrator has advised it in writing that it has received an Opinion of Counsel to the effect
that an Adverse REMIC Event could occur with respect to such action. The Certificate Administrator may consult with counsel to make such
written advice, and the cost of same shall be borne by the party seeking to take the action not expressly permitted by this Agreement,
but in no event at the expense of the Certificate Administrator or the Trustee. At all times as may be required by the Code, the Certificate
Administrator will to the extent within its control and the scope of its duties more specifically set forth herein, maintain substantially
all of the assets of each Trust REMIC as “qualified mortgages” as defined in Section 860G(a)(3) of the Code and “permitted
investments” as defined in Section 860G(a)(5) of the Code.

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(g)            
 In the event that any applicable federal, state or local tax, including interest, penalties or assessments, additional amounts
or additions to tax, is imposed on any Trust REMIC, such tax shall be charged against amounts otherwise distributable to the Holders of
the Certificates, except as provided in the last sentence of this Section 10.01(g); provided that with respect to the
estimated amount of tax imposed on any “net income from foreclosure property” pursuant to Section 860G(c) of the Code
or any similar tax imposed by a state or local tax authority, the applicable Special Servicer shall retain in the related REO Account
a reserve for the payment of such taxes in such amounts and at such times as it shall deem appropriate (or as advised by the Certificate
Administrator in writing), and shall remit to the applicable Master Servicer such reserved amounts as the applicable Master Servicer shall
request in order to pay such taxes. Except as provided in the preceding sentence, the applicable Master Servicer shall withdraw from the
applicable Collection Account sufficient funds to pay or provide for the payment of, and to actually pay, such tax as is estimated to
be legally owed by any Trust REMIC (but such authorization shall not prevent the Certificate Administrator from contesting, at the expense
of the Trust (other than as a consequence of a breach of its obligations under this Agreement), any such tax in appropriate proceedings,
and withholding payment of such tax, if permitted by law, pending the outcome of such proceedings). The Certificate Administrator is hereby
authorized to and shall segregate, into a separate non-interest bearing account, the net income from any “prohibited transaction”
under Section 860F(a) of the Code or the amount of any taxable contribution to any Trust REMIC after the Startup Day that is subject
to tax under Section 860G(d) of the Code and use such income or amount, to the extent necessary, to pay such prohibited transactions
tax. To the extent that any such tax (other than any such tax paid in respect of “net income from foreclosure property”) is
paid to the Internal Revenue Service or applicable state or local tax authorities, the Certificate Administrator shall retain an equal
amount from future amounts otherwise distributable to the Holders of Class R Certificates (as applicable) and shall distribute such
retained amounts, (x) in the case of the Lower-Tier Regular Interests, to the Upper-Tier REMIC to the extent they are fully reimbursed
for any Realized Losses or Retained Certificate Realized Losses, as applicable, arising therefrom and then to the Holders of the Class R
Certificates in respect of the Class LR Interest in the manner specified in Section 4.01(c) and (y) in the case
of the Upper-Tier REMIC, to the Holders of the Principal Balance Certificates in the manner specified in Section 4.01(a)
or Section 4.01(b), as applicable, to the extent they are fully reimbursed for any Realized Losses or Retained Certificate
Realized Losses, as applicable, arising therefrom and then to the Holders of the Class R Certificates in respect of the Class UR
Interest. None of the Trustee, the Certificate Administrator, any Master Servicer or any Special Servicer shall be responsible for any
taxes imposed on any Trust REMIC except to the extent such taxes arise as a consequence of a breach of their respective obligations under
this Agreement which breach constitutes willful misconduct, bad faith, or negligence by such party.

(h)             
The Certificate Administrator shall, for federal income tax purposes, maintain or cause to be maintained books and records with
respect to each Trust REMIC on a calendar year and on an accrual basis or as otherwise may be required by the REMIC Provisions.

(i)                
Following the Startup Day, neither the Certificate Administrator nor the Trustee shall accept any contributions of assets to any
Trust REMIC unless the Certificate Administrator and the Trustee shall have received an Opinion of Counsel (at the expense of the party
seeking to make such contribution) to the effect that the inclusion of such assets in such Trust REMIC will not cause an Adverse REMIC
Event.

    	 	-443-	 

     

    

(j)                
 Neither the Certificate Administrator nor the Trustee shall enter into any arrangement by which the Trust or any Trust REMIC will
receive a fee or other compensation for services nor permit the Trust or any Trust REMIC to receive any income from assets other than
“qualified mortgages” as defined in Section 860G(a)(3) of the Code or “permitted investments” as defined in Section 860G(a)(5)
of the Code.

(k)              
Solely for the purposes of Treasury Regulations Section 1.860G-1(a)(4)(iii), the “latest possible maturity date”
by which the Certificate Balance or Notional Amount of each Class of Regular Certificates, Exchangeable Certificates or Exchangeable Upper-Tier
Regular Interests and by which the Lower-Tier Principal Amount of each Class of Lower-Tier Regular Interests would be reduced to zero
is the date that is the Rated Final Distribution Date.

(l)                
None of the Trustee, the Certificate Administrator, the applicable Master Servicer or the applicable Special Servicer, as applicable,
shall sell, dispose of or substitute for any of the Mortgage Loans (except in connection with (i) the default, imminent default or
foreclosure of a Mortgage Loan, including but not limited to, the acquisition or sale of a Mortgaged Property acquired by foreclosure
or deed in lieu of foreclosure, (ii) the bankruptcy of the Trust, (iii) the termination of the Trust pursuant to Article IX
of this Agreement or (iv) a purchase of Mortgage Loans pursuant to Article II or Article III of this Agreement)
or acquire any assets for the Trust or any Trust REMIC or sell or dispose of any investments in the applicable Collection Account or the
REO Account for gain unless it has received an Opinion of Counsel that such sale, disposition or substitution will not (a) affect
adversely the status of any Trust REMIC as a REMIC or (b) unless the Trustee, the Certificate Administrator, the applicable Master
Servicer or the applicable Special Servicer, as the case may be, has determined in its sole discretion to indemnify the Trust against
such tax, cause the Trust or any Trust REMIC to be subject to a tax on “prohibited transactions” pursuant to the REMIC Provisions.

(m)              
The Certificate Administrator’s authority under this Agreement includes the authority to make, and the Certificate Administrator
is hereby directed to make, any elections allowed under the Code (i) to avoid the application of Section 6221 of the Code (or successor
provisions) to either Trust REMIC and (ii) to avoid payment by either Trust REMIC under Section 6225 of the Code (or successor provisions)
of any tax, penalty, interest or other amount imposed under the Code that would otherwise be imposed on any Holder of a Class R Certificate,
past or present. Each Holder of a Class R Certificate agrees, by acquiring such Certificate, to any such elections.

(n)              
The Exchangeable Upper-Tier Regular Interests shall be held in the Grantor Trust and have been placed in the Grantor Trust through
the efforts of the Underwriters. The Exchangeable Upper-Tier Regular Interests shall be held by the Certificate Administrator on behalf
of the Trustee for the benefit of the Holders of the Exchangeable Certificates, which Exchangeable Certificates, in the aggregate, will
evidence 100% beneficial ownership of such assets from and after the Closing Date. Each Class of Exchangeable Certificates shall represent
an undivided beneficial ownership interest in the Corresponding Exchangeable Upper-Tier Regular Interests in an amount equal to the Class
Percentage Interest of such Class in each such Corresponding Exchangeable Upper-Tier Regular Interest.

    	 	-444-	 

     

    

Section 10.02   
Use of Agents.(a) The Trustee shall execute all of its obligations and duties under this Article X
through its Corporate Trust Office. The Trustee may execute any of its obligations and duties under this Article X either
directly or by or through agents, affiliates or attorneys. The Trustee shall not be relieved of any of its duties or obligations under
this Article X by virtue of the appointment of any such agents, affiliates or attorneys.

(b)              
The Certificate Administrator may execute any of its obligations and duties under this Article X either directly or
by or through agents or attorneys. The Certificate Administrator shall not be relieved of any of its duties or obligations under this
Article X by virtue of the appointment of any such agents or attorneys.

Section 10.03   
Depositor, Master Servicers and Special Servicers to Cooperate with Certificate Administrator. (a) The
Depositor shall provide or cause to be provided to the Certificate Administrator within ten (10) days after the Depositor receives a request
from the Certificate Administrator, all information or data that the Certificate Administrator reasonably determines to be relevant for
tax purposes as to the valuations and issue prices of the Certificates, including, without limitation, the price, yield, Prepayment Assumptions
and projected cash flow of the Certificates.

(b)              
Each applicable Master Servicer and each applicable Special Servicer shall each furnish such reports, certifications and information,
and upon reasonable notice and during normal business hours, access to such books and records maintained thereby, as may relate to the
Certificates or the Trust and as shall be reasonably requested by the Certificate Administrator in order to enable it to perform its duties
hereunder.

Section 10.04   
Appointment of REMIC Administrators.(a) The Certificate Administrator
may appoint at the Certificate Administrator’s expense, one or more REMIC Administrators, which shall be authorized to act on behalf
of the Certificate Administrator in performing the functions set forth in Section 10.01 herein. The Certificate Administrator
shall cause any such REMIC Administrator to execute and deliver to the Certificate Administrator an instrument in which REMIC Administrator
shall agree to act in such capacity, with the obligations and responsibilities herein. The appointment of a REMIC Administrator shall
not relieve the Certificate Administrator from any of its obligations hereunder, and the Certificate Administrator shall remain responsible
and liable for all acts and omissions of the REMIC Administrator. Each REMIC Administrator must be acceptable to the Certificate Administrator
and must be organized and doing business under the laws of the United States of America or of any State and be subject to supervision
or examination by federal or state authorities. In the absence of any other Person appointed in accordance herewith acting as REMIC Administrator,
the Certificate Administrator hereby agrees to act in such capacity in accordance with the terms hereof. If Computershare Trust Company,
National Association is removed as Certificate Administrator, then Computershare Trust Company, National Association shall be terminated
as REMIC Administrator.

(b)              
Any Person into which any REMIC Administrator may be merged or converted or with which it may be consolidated, or any Person resulting
from any merger, conversion, or consolidation to which any REMIC Administrator shall be a party, or any Person succeeding to the corporate
agency business of any REMIC Administrator, shall continue to be

    	 	-445-	 

     

    

the REMIC Administrator without the execution
or filing of any paper or any further act on the part of the Certificate Administrator or the REMIC Administrator.

(c)              
Any REMIC Administrator may at any time resign by giving at least thirty (30) days’ advance written notice of resignation
to the Trustee, the Certificate Registrar, the Certificate Administrator, each applicable Master Servicer, each applicable Special Servicer
and the Depositor. The Certificate Administrator may at any time terminate the agency of any REMIC Administrator by giving written notice
of termination to such REMIC Administrator, each applicable Master Servicer, the Certificate Registrar and the Depositor. Upon receiving
a notice of resignation or upon such a termination, or in case at any time any REMIC Administrator shall cease to be eligible in accordance
with the provisions of this Section 10.04, the Certificate Administrator may appoint a successor REMIC Administrator, in which
case the Certificate Administrator shall give written notice of such appointment to each applicable Master Servicer, the Trustee and the
Depositor and shall mail notice of such appointment to all Certificateholders; provided, however, that no successor REMIC
Administrator shall be appointed unless eligible under the provisions of this Section 10.04. Any successor REMIC Administrator
upon acceptance of its appointment hereunder shall become vested with all the rights, powers, duties and responsibilities of its predecessor
hereunder, with like effect as if originally named as REMIC Administrator. No REMIC Administrator shall have responsibility or liability
for any action taken by it as such at the direction of the Certificate Administrator.

[End of Article X]

Article XI

EXCHANGE ACT REPORTING AND REGULATION AB COMPLIANCE

Section 11.01   
Intent of the Parties; Reasonableness. The parties hereto acknowledge and agree that the purpose of Article XI
of this Agreement is to facilitate compliance by the Depositor (and any Other Depositor of any Other Securitization that includes a Serviced
Companion Loan) with the provisions of Regulation AB and the related rules and regulations of the Commission. The Depositor shall
not exercise its rights to request delivery of information or other performance under these provisions other than in reasonable good faith,
or for purposes other than compliance with the Securities Act, the Exchange Act, the Sarbanes-Oxley Act and, in each case, the rules
and regulations of the Commission thereunder. The parties hereto acknowledge that interpretations of the requirements of Regulation AB
may change over time, due to interpretive guidance provided by the Commission or its staff, and agree to comply with requests made by
the Depositor (or any Other Depositor or Other Trustee of any Other Securitization that includes a Serviced Companion Loan) in good faith
for delivery of information under these provisions on the basis of such evolving interpretations of Regulation AB (to the extent
such interpretations require compliance and are not “grandfathered”). In connection with BANK 2022-BNK41, Commercial Mortgage
Pass-Through Certificates, Series 2022-BNK41, and any Other Securitization subject to Regulation AB that includes a Serviced Companion
Loan, each applicable Master Servicer, each applicable Special Servicer, the Operating Advisor, the Trustee, the Custodian and the Certificate
Administrator shall cooperate fully with the Depositor and the Certificate Administrator, and any Other Depositor, Other Trustee and Other
Certificate Administrator of any Other Securitization that includes a Serviced Companion Loan, as applicable,

    	 	-446-	 

     

    

to deliver or make available to the Depositor
or the Certificate Administrator, and any such Other Depositor, Other Trustee or Other Certificate Administrator, as applicable (including
any of its assignees or designees), any and all statements, reports, certifications, records and any other information (in its possession
or reasonably attainable) necessary in the reasonable good faith determination of the Depositor or such Other Depositor, as applicable,
to permit the Depositor or such Other Depositor, as applicable, to comply with the provisions of Regulation AB, together with such
disclosures relating to each applicable Master Servicer, each applicable Special Servicer, the Operating Advisor, the Trustee, the Custodian,
the Asset Representations Reviewer and the Certificate Administrator, as applicable, and any Sub-Servicer, or the servicing of the
Mortgage Loans (and the related Serviced Companion Loan, if applicable), reasonably believed by the Depositor or the related Other Depositor
to be necessary in order to effect such compliance. Each party to this Agreement shall have a reasonable period of time to comply with
any written request made under this Section 11.01, but in any event, shall, upon reasonable advance written request, provide
information in sufficient time to allow the Depositor and each Other Depositor to satisfy any related filing requirements. For purposes
of this Article XI, to the extent any party has an obligation to exercise commercially reasonable efforts to cause a third
party to perform, such party hereunder shall not be required to bring any legal action against such third party in connection with such
obligation.

Section 11.02   
Succession; Subcontractors. (a) As a condition to the succession
to any Master Servicer and any Special Servicer or to any Sub-Servicer (but only if such Sub-Servicer is a servicer as contemplated
by Item 1108(a)(2)) as servicer or sub-servicer or succession to the Certificate Administrator under this Agreement by any
Person (i) into which the applicable Master Servicer and the applicable Special Servicer, such Sub-Servicer or Certificate Administrator
may be merged or consolidated, or (ii) which may be appointed as a successor to the applicable Master Servicer and the applicable
Special Servicer or to any such Sub-Servicer or Certificate Administrator, the person removing and replacing a Master Servicer and
a Special Servicer or Certificate Administrator shall provide to the Depositor, each applicable Master Servicer, each applicable Special
Servicer, the Certificate Administrator and each Other Depositor, as applicable, at least fifteen (15) calendar days prior to
the effective date of such succession or appointment (or such shorter period as is agreed to by the Depositor), (x) written notice
to the Depositor, the Other Depositor and the Other Certificate Administrator of such succession or appointment and (y) in writing
and in form and substance reasonably satisfactory to the Depositor, all information relating to such successor reasonably requested by
the Depositor, Other Depositor or Other Certificate Administrator in order to comply with its reporting obligation under Item 6.02
of Form 8-K pursuant to the Exchange Act (if such reports under the Exchange Act are required to be filed under the Exchange
Act); provided, however that if disclosing such information prior to such effective date would violate any applicable law
or confidentiality agreement, the applicable Master Servicer, the applicable Special Servicer, any Additional Servicer or the Certificate
Administrator, as the case may be, shall submit such disclosure to the Depositor and the Other Depositor no later than the effective
date of such succession or appointment.

(b)              
Each applicable Master Servicer, each applicable Special Servicer, the Sub-Servicer, the Trustee, the Operating Advisor and
the Certificate Administrator (each such Master Servicer, Special Servicer, the Trustee, the Operating Advisor and the Certificate Administrator
and each Sub-Servicer, for purposes of this Section 11.02, a “Servicer”) is permitted to utilize one
or more Subcontractors to perform certain of its obligations hereunder. If such

    	 	-447-	 

     

    

Subcontractor will be a Servicing Function
Participant, such Servicer shall promptly upon written request provide to the Depositor or any Mortgage Loan Seller (and any Other Trustee,
Other Certificate Administrator and Other Depositor related to any Other Securitization that includes a related Serviced Companion Loan)
a written description (in form and substance satisfactory to the Depositor, such Mortgage Loan Seller or such Other Trustee, Other Certificate
Administrator or Other Depositor, as applicable) of the role and function of each Subcontractor utilized by such Servicer, specifying
(i) the identity of such Subcontractor and (ii) the elements of the Servicing Criteria that will be addressed in assessments
of compliance provided by each such Subcontractor. As a condition to the utilization by such Servicer of any Subcontractor determined
to be a Servicing Function Participant, such Servicer shall (i) with respect to any such Subcontractor engaged by such Servicer that
is an Initial Sub-Servicer, use commercially reasonable efforts to cause, and (ii) with respect to any other subcontractor with
which it has entered into a servicing relationship, cause such Subcontractor used by such Servicer for the benefit of the Depositor and
the Trustee (and any Other Trustee, Other Certificate Administrator and Other Depositor related to any Other Securitization that includes
a related Serviced Companion Loan) to comply with the provisions of Section 11.10 and Section 11.11 of this Agreement
to the same extent as if such Subcontractor were such Servicer. With respect to any Servicing Function Participant engaged by such Servicer
that is an Initial Sub-Servicer, such Servicer shall be responsible for using commercially reasonable efforts to obtain, and with
respect to each other Servicing Function Participant engaged by such Servicer, such Servicer shall obtain from each such Servicing Function
Participant and deliver to the applicable Persons any assessment of compliance report and related accountant’s attestation required
to be delivered by such Subcontractor under Section 11.10 and Section 11.11, in each case, as and when required
to be delivered. For the avoidance of doubt, the Custodian shall not be permitted to utilize any Subcontractor to perform any of its obligations
hereunder.

(c)              
Notwithstanding the foregoing, if a Servicer engages a Subcontractor, other than an Initial Sub-Servicer in connection with
the performance of any of its duties under this Agreement, such Servicer shall be responsible for determining whether such Subcontractor
is a “servicer” within the meaning of Item 1101 of Regulation AB and whether any such Subcontractor meets the criteria
in Item 1108(a)(2)(i), (ii) or (iii) of Regulation AB. If a Servicer determines, pursuant to the preceding sentence, that such
Subcontractor is a “servicer” within the meaning of Item 1101 of Regulation AB and meets the criteria in Item 1108(a)(2)(i),
(ii) or (iii) of Regulation AB, then such Subcontractor shall be deemed to be a Sub-Servicer for purposes of this Agreement,
the engagement of such Sub-Servicer shall not be effective unless and until notice is given to the Depositor and the Certificate Administrator
of any such Sub-Servicer and Sub-Servicing Agreement. Other than with respect to the Initial Sub-Servicer, no Sub-Servicing Agreement
shall be effective until fifteen (15) days after such written notice is received by the Depositor and the Certificate Administrator (or
such shorter period as is agreed to by the Depositor). Such notice shall contain all information reasonably necessary to enable the Certificate
Administrator to accurately and timely report the event under Item 6.02 of Form 8-K pursuant to the Exchange Act (if such
reports under the Exchange Act are required to be filed under the Exchange Act).

(d)             
In connection with the succession to the Trustee under this Agreement by any Person (i) into which the Trustee may be merged
or consolidated, or (ii) which may be appointed as a successor to the Trustee, the Trustee shall deliver written notice to the Depositor,
the Certificate Administrator and the 17g-5 Information Provider, which shall promptly post such

    	 	-448-	 

     

    

notice to the 17g-5 Information Provider’s
Website pursuant to Section 3.13(c), in each case at least thirty (30) calendar days prior to the effective date of such succession
or appointment (or if such prior notice is violative of applicable law or any applicable confidentiality agreement, no later than one
(1) Business Day after such effective date of succession) and shall furnish to the Depositor and the Certificate Administrator, in writing
and in form and substance reasonably satisfactory to the Depositor and the Certificate Administrator, all information reasonably necessary
for the Certificate Administrator to accurately and timely report, pursuant to Section 11.07, the event under Item 6.02
of Form 8-K pursuant to the Exchange Act (if such reports under the Exchange Act are required to be filed under the Exchange
Act).

(e)              
Notwithstanding anything to the contrary contained in this Article XI, in connection with any Sub-Servicer and/or
any Mortgage Loan that is the subject of an Initial Sub-Servicing Agreement, with respect to all matters related to Regulation AB,
the applicable Master Servicer shall not have any obligation other than to use commercially reasonable efforts to cause such Sub-Servicer
to comply with its obligations under such Initial Sub-Servicing Agreement.

(f)                
Any notice and/or information furnished or required to be furnished pursuant to this Section 11.02 shall also be provided
to each Other Depositor and each Other Certificate Administrator (to the extent the information relates to a party that services, specially
services or is trustee for a Serviced Companion Loan) in the same time frame as set forth in this Section 11.02.

Section 11.03   
Filing Obligations. (a) Each applicable Master Servicer, each
applicable Special Servicer, the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer and the Trustee
shall reasonably cooperate with the Depositor in connection with the satisfaction of the Trust’s reporting requirements under the
Exchange Act. Pursuant to Sections 11.04, 11.05, 11.06 and 11.07 of this Agreement, the Certificate
Administrator shall prepare for execution by the Depositor any Forms 8-K, 10-D, ABS-EE and 10-K required by the Exchange
Act, in order to permit the timely filing thereof, and the Certificate Administrator shall file (via the Commission’s Electronic
Data Gathering and Retrieval System (“EDGAR”)) such Forms executed by the Depositor.

Each party hereto shall be
entitled to rely on the information in the Prospectus or this Agreement with respect to the identity of any “sponsor”, credit
enhancer, derivative provider or “significant obligor” as of the Closing Date other than with respect to itself or any information
required to be provided by it or indemnified for by it pursuant to any separate agreement.

(b)               
In the event that the Certificate Administrator is unable to timely file with the Commission all or any required portion of any
Form 8-K, 10-D, ABS-EE or 10-K required to be filed by this Agreement because required disclosure information was either
not delivered to it or delivered to it after the delivery deadlines set forth in this Agreement, the Certificate Administrator will promptly
notify the Depositor. In the case of Forms 10-D, ABS-EE and 10-K, the Depositor, each applicable Master Servicer, the Certificate
Administrator, the Operating Advisor and the Trustee will thereupon cooperate to prepare and file a Form 12b-25 and a Form 10-D/A,
Form ABS-EE/A or Form 10-K/A, as applicable, pursuant to Rule 12b-25 of the Exchange Act. In the case of Form 8-K,
the Certificate Administrator will, upon receipt of all

    	 	-449-	 

     

    

required Form 8-K Disclosure Information
and upon the approval and direction of the Depositor, include such disclosure information on the next succeeding Form 10-D to
be filed for the Trust. In the event that any previously filed Form 8-K, Form 10-D, Form ABS-EE or Form 10-K
needs to be amended, the Certificate Administrator will notify the Depositor, and such other parties as needed and the parties hereto
will cooperate with the Certificate Administrator to prepare any necessary Form 8-K/A, Form 10-D/A, Form ABS-EE/A or
Form 10-K/A. Any Form 15, Form 12b-25 or any amendment to Form 8-K, Form 10-D, Form ABS-EE or
Form 10-K shall be signed by an officer of the Depositor. The parties to this Agreement acknowledge that the performance by the
Certificate Administrator of its duties under this Section 11.03 related to the timely preparation and filing of Form 15,
a Form 12b-25 or any amendment to Form 8-K, Form 10-D, Form ABS-EE or Form 10-K is contingent upon
the parties observing all applicable deadlines in the performance of their duties under Sections 11.03, 11.04, 11.05,
11.06, 11.07, 11.08, 11.09, 11.10, 11.11 and 11.15 of this Agreement. The Certificate
Administrator shall have no liability for any loss, expense, damage, claim arising out of or with respect to any failure to properly prepare,
arrange for execution and/or timely file any such Form 15, Form 12b-25 or any amendments to Form 8-K, Form 10-D,
Form ABS-EE or Form 10-K, where such failure results from the Certificate Administrator’s inability or failure to receive,
on a timely basis, any information from any other party hereto needed to prepare, arrange for execution or file such Form 15, Form 12b-25
or any amendments to Forms 8-K, Form 10-D, Form ABS-EE or Form 10-K, not resulting from its own negligence,
bad faith or willful misconduct.

Section 11.04   
Form 10-D and Form ABS-EE Filings. (a) Within fifteen
(15) days after each Distribution Date (subject to permitted extensions under the Exchange Act), the Certificate Administrator shall
prepare and file on behalf of the Trust any Form 10-D required by the Exchange Act, in form and substance as required by the
Exchange Act. The Certificate Administrator shall file each Form 10-D with a copy of the related Distribution Date Statement
attached thereto. Any disclosure in addition to the Distribution Date Statement that is required to be included on Form 10-D
(“Additional Form 10-D Disclosure”) shall, pursuant to the following paragraph be reported by the parties
set forth on Exhibit AA to the Depositor and the Certificate Administrator and approved by the Depositor, and the Certificate
Administrator will have no duty or liability for any failure hereunder to determine or prepare any Additional Form 10-D Disclosure,
absent such reporting, direction and approval.

For so long as the Trust
is subject to the reporting requirements of the Exchange Act, as set forth on Exhibit AA hereto, within five (5) calendar
days after the related Distribution Date, (i) certain parties to this Agreement identified on Exhibit AA hereto shall
be required to provide to the Certificate Administrator and the Depositor (and in the case of any Servicing Function Participant, with
a copy to the applicable Master Servicer), to the extent a Regulation AB Servicing Officer or Responsible Officer, as the case may
be, has actual knowledge, in EDGAR-Compatible Format, or in such other format as otherwise agreed upon by the Certificate Administrator,
the Depositor and such providing parties, the form and substance of any Additional Form 10-D Disclosure, if applicable; provided
that information relating to any REO Account to be reported under “Item 9: Other Information” on Exhibit AA shall
be reported by the applicable Special Servicer to the applicable Master Servicer within four (4) calendar days after the related Distribution
Date on Exhibit LL; (ii) the parties listed on Exhibit AA hereto shall include with such Additional Form 10-D
Disclosure, an Additional Disclosure Notification in the form attached hereto as Exhibit DD (except with respect to the reporting
of REO Account balances which shall

    	 	-450-	 

     

    

be delivered in the form of Exhibit LL
hereto) and (iii) the Depositor shall approve, as to form and substance, or disapprove, as the case may be, the inclusion of the
Additional Form 10-D Disclosure on Form 10-D. Information delivered to the Certificate Administrator hereunder should be
delivered by email to cts.sec.notifications@wellsfargo.com (or such other e-mail address as the Certificate Administrator may instruct)
or by facsimile to 410-715-2380, Attn: CTS SEC Notifications. Neither the Trustee nor the Certificate Administrator has any duty
under this Agreement to monitor or enforce the performance by the parties listed on Exhibit AA of their duties under this
paragraph or proactively solicit or procure from such parties any Additional Form 10-D Disclosure information. The Depositor
will be responsible for any reasonable expenses incurred by the Trustee or Certificate Administrator in connection with including any
Additional Form 10-D Disclosure on Form 10-D pursuant to this paragraph.

The Certificate Administrator
shall include in any Form 10-D filed by it (i) the information required by Rule 15Ga-1(a) of the Exchange Act concerning
all assets of the Trust that were subject of a demand for the repurchase of, or the substitution of a Qualified Substitute Mortgage Loan
for, a Mortgage Loan contemplated by Section 2.03(b), (ii) a reference to the most recent Form ABS-15G filed
by the Depositor and the Mortgage Loan Sellers, if applicable, and the Commission’s assigned “Central Index Key” for
each such filer and (iii) to the extent such information is provided to the Certificate Administrator by the applicable Master Servicer
in the form of Exhibit LL hereto for inclusion therein within the time period described in this Section 11.04,
the balances of the REO Account (to the extent the related information has been received from the applicable Special Servicer within the
time period specified in this Section 11.04) and each applicable Collection Account as of the related Distribution Date and
as of the immediately preceding Distribution Date and (iv) the balances of the Distribution Accounts, the Gain-on-Sale Reserve Account
and the Interest Reserve Account, in each case as of the related Distribution Date and as of the immediately preceding Distribution Date.
The Depositor and the Mortgage Loan Sellers, in accordance with Section 5(f) of the applicable Mortgage Loan Purchase Agreement,
shall deliver such information as described in clause (i) and clause (ii) of this paragraph.

Form 10-D requires
the registrant to indicate (by checking “yes” or “no”) that it “(1) has filed all reports required
to be filed by Section 13 or 15(d) of the Exchange Act during the preceding twelve (12) months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such filing requirements for the past ninety (90) days.”
The Depositor shall notify the Certificate Administrator by email to cts.sec.notifications@wellsfargo.com, no later than the fifth
(5th) calendar day after the related Distribution Date with respect to the filing of a report on Form 10-D if the answer to the
questions should be “no.” The Certificate Administrator shall be entitled to rely on such representations in preparing, executing
and/or filing any such report.

With respect to any Mortgage
Loan that permits Additional Debt or mezzanine debt in the future, the Certificate Administrator shall include as part of any applicable
Form 10-D filed by it (to the extent it receives such information from the applicable Servicer) the identity of such Mortgage
Loan and, to the extent such information is received by the Certificate Administrator from the applicable Master Servicer or the applicable
Special Servicer, as the case may be, substantially in the form of Exhibit JJ (A) the amount of any such Additional Debt
or mezzanine debt, as applicable, that is incurred during the related Collection Period, (B) the total debt service

    	 	-451-	 

     

    

coverage ratio calculated on the basis of such
Mortgage Loan and such Additional Debt or mezzanine debt, as applicable, and (C) the aggregate LTV Ratio calculated on the basis
of such Mortgage Loan and such Additional Debt or mezzanine debt, as applicable.

The Depositor hereby directs
the Certificate Administrator to include the following individual’s name and phone number on the cover of Forms 10-D and ABS-EE
for each reporting period: Name: George Kok, Telephone: (212) 761-0327. The Certificate Administrator may rely without further investigation
that this information remains correct unless and until the Depositor provides the Certificate Administrator with a new individual’s
name and phone number in writing.

Upon receipt of the Asset
Review Report Summary from the Asset Representations Reviewer required to be delivered pursuant to Section 12.01(b), the Certificate
Administrator shall (i) include such Asset Review Report Summary in Item 1B on the Form 10-D in accordance with Section 11.04
for such period in which such Asset Review Report Summary was delivered, and (ii) post such Asset Review Report Summary to the Certificate
Administrator’s Website not later than two (2) Business Days after receipt of such Asset Review Report Summary from the Asset Representations
Reviewer.

To the extent the Certificate
Administrator receives a request from any Certificateholder or Certificate Owner to communicate with other Certificateholders or Certificate
Owners pursuant to Section 5.06, the Certificate Administrator shall include on the Form 10-D relating to the reporting
period in which such request was received a Special Notice including the information required to be included pursuant to Section 5.06.

(b)           
After preparing the Forms 10-D and ABS-EE, the Certificate Administrator shall forward electronically copies of the Forms 10-D
and ABS-EE to the Depositor for review no later than ten (10) calendar days after the related Distribution Date or, if the 10th calendar
day after the related Distribution Date is not a Business Day, the immediately preceding Business Day. Within two (2) Business Days after
receipt of such copies, but no later than the two (2) Business Days prior to the 15th calendar day after the Distribution Date, the Depositor
shall notify the Certificate Administrator in writing (which may be furnished electronically) of any changes to or approval of such Form 10-D
and Form ABS-EE, respectively, and, a duly authorized officer of the Depositor shall sign the Form 10-D and Form ABS-EE and return
an electronic or fax copy of such signed Form 10-D and Form ABS-EE (with an original executed hard copy to follow by overnight
mail) to the Certificate Administrator. Alternatively, if the Certificate Administrator agrees in its sole discretion, the Depositor may
deliver to the Certificate Administrator manually signed copies of a power of attorney meeting the requirements of Item 601(b)(24)
of Regulation S-K under the Securities Act under the Securities Act, and certified copies of a resolution of the Depositor’s board
of directors authorizing such power of attorney, each to be filed with each Form 10-D and each Form ABS-EE, as applicable, in
which case the Certificate Administrator shall sign such Forms 10-D and Forms ABS-EE, as applicable, as attorney in fact for
the Depositor. As provided in Section 11.04(d), the Certificate Administrator shall file such Form ABS-EE, upon receipt of
the Depositor’s signature thereof, prior to the filing of the related Form 10-D. If a Form 10-D or Form ABS-EE cannot be
filed on time or if a previously filed Form 10-D or Form ABS-EE needs to be amended, the Certificate Administrator will follow
the procedures set forth in Section 11.03(b). Promptly after filing with the Commission, the Certificate Administrator will
make available on its Internet website a final executed copy of each Form 10-D and Form ABS-

    	 	-452-	 

     

    

EE filed by the Certificate Administrator.
The signing party at the Depositor can be contacted at 1585 Broadway, New York, New York, 10036, Attention: George Kok, with a copy to
Morgan Stanley Capital I Inc., 1633 Broadway, 29th Floor, New York, New York 10019, Attention: Legal Compliance Division, and a copy by
email to cmbs_notices@morganstanley.com. The parties to this Agreement acknowledge that the performance by the Certificate Administrator
of its duties under this Section 11.04(b) related to the timely preparation and filing of Form 10-D and Form ABS-EE,
as applicable, is contingent upon such parties observing all applicable deadlines in the performance of their duties under this Section 11.04(b).
Neither the Trustee nor the Certificate Administrator shall have any liability for any loss, expense, damage, or claim arising out of
or with respect to any failure to properly prepare, arrange for execution and/or timely file such Form 10-D or such Form ABS-EE,
respectively, where such failure results from the Certificate Administrator’s inability or failure to receive, on a timely basis,
any information from any party to this Agreement needed to prepare, arrange for execution or file such Form 10-D or such Form
ABS-EE, respectively, not resulting from its own negligence, bad faith or willful misconduct.

(c)              
Prior to the filing of each Form 10-D by the Certificate Administrator pursuant to Section 11.04(a), the Certificate
Administrator shall prepare and file on behalf of the Trust any Form ABS-EE in form and substance as required by the Exchange Act and
the rules and regulations of the Commission thereunder; provided that the foregoing shall not apply to any Form ABS-EE required to be
filed with the Commission and incorporated by reference in the Prospectus (or the preliminary version thereof). The Certificate Administrator
shall file each Form ABS-EE with a copy of the related CREFC® Schedule AL File received by the Certificate Administrator
pursuant to Section 3.12(c) as Exhibit 102 thereto. To the extent the Certificate Administrator receives any Schedule AL Additional
File with respect to such Form ABS-EE pursuant to Section 3.12(c), the Certificate Administrator shall file such Schedule
AL Additional File as Exhibit 103 to such Form ABS-EE. The Certificate Administrator shall not be required to combine multiple CREFC®
Schedule AL Files or Schedule AL Additional Files. The Certificate Administrator shall not be required to review, redact, reconcile, edit
or verify the content, completeness or accuracy of the information contained in any CREFC® Schedule AL File or Schedule
AL Additional File. After preparing the Form ABS-EE, the Certificate Administrator shall forward electronically a copy of such Form ABS-EE
(together with the related CREFC® Schedule AL File and any Schedule AL Additional File received by the Certificate Administrator)
concurrently with the related Form 10-D to the Depositor for review and approval. Any questions shall be directed to ssreports@wellsfargo.com;
provided, that if any such question pertains to information included in any NCB CREFC® Schedule AL File or NCB Schedule
AL Additional File delivered by the NCB Master Servicer to the General Master Servicer pursuant to Section 3.12(d), the General Master
Servicer shall promptly provide a copy of such question to the NCB Master Servicer (via email at BANK2022BNK41@ncb.com) and consult with
the NCB Master Servicer as to any response thereto. The General Master Servicer shall reasonably cooperate with the Depositor to answer
any reasonable questions that the Depositor may pose to such Master Servicer regarding the data or information contained in any CREFC®
Schedule AL File or Schedule AL Additional File (other than questions regarding data that is in the Initial Schedule AL File, Initial
Schedule AL Additional File or the Annex A-1 to the Prospectus) as of the time the applicable Master Servicer delivered such CREFC®
Schedule AL File or Schedule AL Additional File, as applicable, to the Certificate Administrator. The Certificate Administrator, the General
Master Servicer, the NCB Master Servicer and the Depositor shall each, to the extent related to

    	 	-453-	 

     

    

such party’s obligations hereunder, reasonably
cooperate to remedy any filing errors regarding any CREFC® Schedule AL File or any Schedule AL Additional File in a timely
manner.

The Depositor hereby directs
the Certificate Administrator to include the following individual’s name and phone number on the cover of Form ABS-EE for each reporting
period: Name: George Kok, Telephone: (212) 761-0327. The Certificate Administrator may rely without further investigation that this information
remains correct unless and until the Depositor provides the Certificate Administrator with a new individual’s name and phone number
in writing.

(d)              
Any notice and/or information furnished or required to be furnished pursuant to this Section 11.04 shall also be provided
to each Other Depositor and each Other Certificate Administrator (to the extent the notice and/or information relates to a Serviced Companion
Loan or a party that services, specially services or is trustee or custodian for a Serviced Companion Loan) in the same time frame as
set forth in this Section 11.04.

Section 11.05   
Form 10-K Filings.(a) Within ninety (90) days after
the end of each fiscal year of the Trust (it being understood that the fiscal year for the Trust ends on December 31 of each year)
or such earlier date as may be required by the Exchange Act (the “10-K Filing Deadline”), commencing in March
2023, the Certificate Administrator shall prepare and file on behalf of the Trust a Form 10-K, in form and substance as required
by the Exchange Act. Each such Form 10-K shall include the following items, in each case to the extent they have been delivered
to the Certificate Administrator within the applicable time frames set forth in this Agreement:

(i)               
an annual compliance statement for each applicable Master Servicer, each applicable Special Servicer, the Trustee, the Certificate
Administrator, the Custodian and each Additional Servicer, as described under Section 11.09, including disclosure regarding
any material instance of noncompliance and the nature and status thereof;

(ii)              
(A) the annual reports on assessment of compliance with servicing criteria for the Trustee, each applicable Master Servicer, each
applicable Special Servicer, the Certificate Administrator, the Custodian, the Operating Advisor, each Additional Servicer and each other
Servicing Function Participant utilized by each applicable Master Servicer, each applicable Special Servicer, the Certificate Administrator,
the Operating Advisor, the Custodian or Trustee, as described under Section 11.10; and

(B)             
if any such report on assessment of compliance with servicing criteria described under Section 11.10 identifies any
material instance of noncompliance, disclosure identifying such instance of noncompliance (including whether such instance of noncompliance
involved the servicing of the assets backing the Certificates issued pursuant to this Agreement and any steps taken to remedy such instance
of noncompliance), or if such report on assessment of compliance with servicing criteria described under Section 11.10 is
not included as an exhibit to such Form 10-K, disclosure that such report is not included and an explanation why such report
is not included;

    	 	-454-	 

     

    

(iii)            
 (A) the registered public accounting firm attestation report for the Trustee,
each applicable Master Servicer, each applicable Special Servicer, the Certificate Administrator, the Custodian, the Operating Advisor,
each Additional Servicer and each Servicing Function Participant utilized by each applicable Master Servicer, each applicable Special
Servicer, the Certificate Administrator, the Operating Advisor, the Custodian or the Trustee, as described under Section 11.11;
and

(B)             
if any registered public accounting firm attestation report described under Section 11.11 identifies any material instance
of noncompliance, disclosure identifying such instance of noncompliance, or if any such registered public accounting firm attestation
report is not included as an exhibit to such Form 10-K, disclosure that such report is not included and an explanation why such
report is not included; and

(iv)             
a certification in the form attached hereto as Exhibit Y, with such changes as may be necessary or appropriate as
a result of changes promulgated by the Commission (the “Sarbanes-Oxley Certification”), which shall, except as
described below, be signed by the senior officer of the Depositor in charge of securitization.

Any disclosure or information in addition to
clauses (i) through (iv) above that is required to be included on Form 10-K (“Additional Form 10-K
Disclosure”) shall, pursuant to the following paragraph be reported by the parties set forth on Exhibit BB to the
Depositor and the Certificate Administrator and approved by the Depositor and the Certificate Administrator will have no duty or liability
for any failure hereunder to determine or prepare any Additional Form 10-K Disclosure, absent such reporting, direction and approval.
Information delivered to the Certificate Administrator hereunder should be delivered by email to cts.sec.notifications@wellsfargo.com
or by facsimile to (410) 715 2380, Attn: CTS SEC Notifications.

As set forth on Exhibit BB
hereto, no later than March 1st of each year that the Trust is subject to the Exchange Act reporting requirements, commencing in 2023,
(i) the parties listed on Exhibit BB shall be required to provide to the Certificate Administrator and the Depositor,
to the extent a Regulation AB Servicing Officer or Responsible Officer, as the case may be, has actual knowledge, in EDGAR-Compatible
Format or in such other format as otherwise agreed upon by the Certificate Administrator, the Depositor and such providing parties, the
form and substance of any Additional Form 10-K Disclosure, if applicable, (ii) the parties listed on Exhibit BB
hereto shall include with such Additional Form 10-K Disclosure, an Additional Disclosure Notification in the form attached hereto
as Exhibit DD and (iii) the Depositor will approve, as to form and substance, or disapprove, as the case may be, the
inclusion of the Additional Form 10-K Disclosure on Form 10-K. Neither the Trustee nor the Certificate Administrator
has any duty under this Agreement to monitor or enforce the performance by the parties listed on Exhibit BB of their duties
under this paragraph or proactively solicit or procure from such parties any Additional Form 10-K Disclosure information. The
Depositor will be responsible for any reasonable expenses incurred by the Trustee and the Certificate Administrator in connection with
including any Additional Form 10-K Disclosure on Form 10-K pursuant to this paragraph.

    	 	-455-	 

     

    

Form 10-K requires
the registrant to indicate (by checking “yes” or “no”) that it “(1) has filed all reports required
to be filed by Section 13 or 15(d) of the Exchange Act during the preceding twelve (12) months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such filing requirements for the past ninety (90) days.”
The Depositor shall notify the Certificate Administrator in writing, no later than March 1st with respect to the filing of a report on
Form 10-K, if the answer to the questions should be “no.” The Certificate Administrator shall be entitled to rely
on such representations in preparing, executing and/or filing any such report.

(b)              
After preparing the Form 10-K, the Certificate Administrator shall forward electronically a copy of the Form 10-K
to the Depositor for review no later than six (6) Business Days prior to the 10-K Filing Deadline. Within three (3) Business Days
after receipt of such copy, but no later than March 25th, the Depositor shall notify the Certificate Administrator in writing (which may
be furnished electronically) of any changes to or approval of such Form 10-K and the senior officer in charge of securitization
for the Depositor shall sign the Form 10-K and return an electronic or fax copy of such signed Form 10-K (with an original
executed hard copy to follow by overnight mail) to the Certificate Administrator at such time. If a Form 10-K cannot be filed
on time or if a previously filed Form 10-K needs to be amended, the Certificate Administrator shall follow the procedures set
forth in Section 11.03(b). Promptly after filing with the Commission, the Certificate Administrator will make available on
its Internet website a final executed copy of each Form 10-K filed by the Certificate Administrator. The signing party at the
Depositor can be contacted at 1585 Broadway, New York, New York, 10036, Attention: George Kok, with copies to: Morgan Stanley Capital
I Inc., 1633 Broadway, 29th Floor, New York, New York 10019, Attention: Legal Compliance Division, and cmbs_notices@morganstanley.com.
The parties to this Agreement acknowledge that the performance by the Certificate Administrator of its duties under this Section 11.05
related to the timely preparation and filing of Form 10-K is contingent upon the parties to this Agreement (and any Additional
Servicer or Servicing Function Participant engaged or utilized, as applicable, by any such parties) observing all applicable deadlines
in the performance of their duties under this Section 11.05. Neither the Trustee nor the Certificate Administrator shall have
any liability for any loss, expense, damage, claim arising out of or with respect to any failure to properly prepare, arrange for execution
and/or timely file such Form 10-K, where such failure results from the Certificate Administrator’s failure to receive,
on a timely basis, any information from the parties to this Agreement (or any Sub-Servicer or Servicing Function Participant engaged
by any such parties) needed to prepare, arrange for execution or file such Form 10-K, not resulting from its own negligence,
bad faith or willful misconduct.

(c)               
Upon written request from any Mortgage Loan Seller, Other Depositor, any Master Servicer or any Special Servicer, the Certificate
Administrator shall confirm to such Mortgage Loan Seller, Other Depositor, applicable Master Servicer or applicable Special Servicer whether
it has received notice that any party to this Agreement has changed since the Closing Date and will provide to such Mortgage Loan Seller
or Other Depositor, the applicable Master Servicer or the applicable Special Servicer, if known to the Certificate Administrator, the
identity of the new party.

(d)              
Any notice and/or information furnished or required to be furnished pursuant to this Section 11.05 shall also be provided
to each Other Depositor and each Other Certificate Administrator (to the extent the notice and/or information relates to a Serviced

    	 	-456-	 

     

    

Companion Loan or a party that services, specially
services or is trustee or custodian for a Serviced Companion Loan) in the same time frame as set forth in this Section 11.05.

Section 11.06   
Sarbanes-Oxley Certification. Each Form 10-K shall include a Sarbanes-Oxley Certification in the form attached
as Exhibit Y required to be included therewith pursuant to the Sarbanes-Oxley Act. For so long as the Trust or the trust
for any Other Securitization is subject to the reporting requirements of the Exchange Act, each applicable Master Servicer, each applicable
Special Servicer, the Trustee, the Certificate Administrator, the Custodian, the Operating Advisor and the Asset Representations Reviewer
(in the case of the Asset Representations Reviewer, solely with respect to reporting periods in which the Asset Representations Reviewer
is required to deliver an Asset Review Report) shall provide, and (i) with respect to each Initial Sub-Servicer engaged by the
applicable Master Servicer or the applicable Special Servicer, as the case may be, that is a Servicing Function Participant shall use
commercially reasonable efforts to cause such Initial Sub-Servicer to provide, and (ii) with respect to each other Servicing
Function Participant with which any Master Servicer, any Special Servicer, the Trustee, the Certificate Administrator, the Custodian or
the Operating Advisor has entered into a servicing relationship with respect to the Mortgage Loans, shall cause such Servicing Function
Participant to provide, to each Person who signs the Sarbanes-Oxley Certification for the Trust or any Other Securitization that includes
a Serviced Companion Loan (individually and collectively, the “Certifying Person”), on or before March 1st of each
year commencing in March 2023, a certification substantially in the form attached hereto as Exhibits Y-1, Y-2,
Y-3, Y-4, Y-5, Y-6 or Y-7 (each, a “Performance Certification”),
as applicable, on which each Certifying Person, the entity for which such Certifying Person acts as an officer (if the Certifying Person
is an individual), and such entity’s officers, directors and Affiliates (collectively with the Certifying Person, “Certification
Parties”) can reasonably rely; provided that, if a Servicing Function Participant (other than an Initial Sub-Servicer)
with which the applicable Master Servicer, the applicable Special Servicer, the Trustee, the Certificate Administrator, the Custodian
or the Operating Advisor has entered into a servicing relationship with respect to the Mortgage Loans fails to provide a Performance Certification,
the Performance Certification provided by the applicable Master Servicer, the applicable Special Servicer, the Trustee, the Certificate
Administrator, the Custodian or the Operating Advisor, as applicable, that engaged such Servicing Function Participant shall not exclude
information that would have been provided by such Servicing Function Participant. In addition, in the event that any Serviced Companion
Loan is deposited into a commercial mortgage securitization (including an “Other Securitization”) and the Reporting
Servicer is provided with timely and complete contact information for the parties to such Other Securitization, each Reporting Servicer,
upon not less than thirty (30) days prior written request, shall provide to the Person who signs the Sarbanes-Oxley Certification
with respect to such Other Securitization either the Performance Certification or a separate certification in form and substance similar
to applicable Performance Certification (which shall address the matters contained in the applicable Performance Certification, but solely
with respect to the related Companion Loan) on which such Person, the entity for which the Person acts as an officer (if the Person is
an individual), and such entity’s officers, directors and Affiliates can reasonably rely. With respect to any Non-Serviced Companion
Loan, the Certificate Administrator will use its reasonable efforts to procure a Sarbanes-Oxley Certification from the applicable Non-Serviced
Master Servicer, Non-Serviced Special Servicer and Non-Serviced Trustee in form and substance similar to a Performance Certification.
The senior officer in charge of securitization for the Depositor shall serve as the Certifying Person on behalf of the Trust. In addition,
each Reporting Servicer shall

    	 	-457-	 

     

    

execute a reasonable reliance certificate (which
may be included as part of such other certifications being delivered by such Reporting Servicer) to enable the Certification Parties to
rely upon each (i) annual compliance statement provided pursuant to Section 11.09, if applicable, (ii) annual report
on assessment of compliance with servicing criteria provided pursuant to Section 11.10 and (iii) accountant’s report
provided pursuant to Section 11.11, and shall include a certification that each such annual compliance statement or report
discloses any deficiencies or defaults described to the registered public accountants of such Reporting Servicer to enable such accountants
to render the certificates provided for in Section 11.11. In the event any Reporting Servicer is terminated or resigns pursuant
to the terms of this Agreement, or any applicable sub-servicing agreement or primary servicing agreement, as the case may be, such
Reporting Servicer shall provide a certification to each affected Certifying Person pursuant to this Section 11.06 with respect
to the period of time it was subject to this Agreement or the applicable sub-servicing or primary servicing agreement, as the case
may be. Each such Performance Certification shall be provided in EDGAR-Compatible Format, or in such other format agreed upon by the
Depositor, the Certificate Administrator, any affected Other Depositor and Other Certificate Administrator and such providing parties.
Notwithstanding the foregoing, nothing in this Section 11.06 shall require any Reporting Servicer (i) to certify or verify
the accurateness or completeness of any information provided to such Reporting Servicer by third parties (including a “significant
obligor”, but other than an Additional Servicer or a Sub-Servicer appointed pursuant to Section 3.20), (ii) to
certify information other than to such Reporting Servicer’s knowledge and in accordance with such Reporting Servicer’s responsibilities
hereunder or (iii) with respect to completeness of information and reports, to certify anything other than that all fields of information
called for in written reports prepared by such Reporting Servicer have been completed except as they have been left blank on their face.

Notwithstanding anything
to the contrary contained in this Section 11.06, with respect to each year in which the Trust and the trust for each Other
Securitization is not subject to the reporting requirements of the Exchange Act, none of the parties required to deliver any certification
under this Section 11.06 shall be obligated to do so.

Section 11.07   
Form 8-K Filings. Within four (4) Business Days after the occurrence of an event requiring disclosure on Form 8-K
(each such event, a “Reportable Event”), and if requested by the Depositor and to the extent it receives the Form 8-K
Disclosure Information described below, the Certificate Administrator shall prepare and file on behalf of the Trust any Form 8-K,
as required by the Exchange Act and shall provide notice thereof to the Depositor, provided that the Depositor shall file the initial
Form 8-K in connection with the issuance of the Certificates. Any disclosure or information related to a Reportable Event or
that is otherwise required to be included on Form 8-K (“Form 8-K Disclosure Information”) shall,
pursuant to the following paragraph be reported by the parties set forth on Exhibit CC to the Depositor and the Certificate
Administrator and approved by the Depositor, and the Certificate Administrator will have no duty or liability for any failure hereunder
to determine or prepare any Form 8-K Disclosure Information or any Form 8-K, absent such reporting, direction and approval.

As set forth on Exhibit CC
hereto, for so long as the Trust is subject to the Exchange Act reporting requirements, no later than close of business, New York City
time, on the second (2nd) Business Day after the occurrence of a Reportable Event (i) the parties set forth on Exhibit CC
hereto shall be required to provide to the Depositor and the Certificate Administrator, to the extent

    	 	-458-	 

     

    

a Regulation AB Servicing Officer or Responsible
Officer, as the case may be, has actual knowledge, in EDGAR-Compatible Format or in such other format agreed upon by the Depositor,
the Certificate Administrator and such providing parties any Form 8-K Disclosure Information, if applicable, (ii) the parties
listed on Exhibit CC hereto shall include with such Form 8-K Disclosure Information, an Additional Disclosure Notification
in the form attached hereto as Exhibit DD and (iii) the Depositor will approve, as to form and substance, or disapprove,
as the case may be, the inclusion of the Form 8-K Disclosure Information on Form 8-K. Neither the Trustee nor the Certificate
Administrator has any duty under this Agreement to monitor or enforce the performance by the parties listed on Exhibit CC
of their duties under this paragraph or proactively solicit or procure from such parties any Form 8-K Disclosure Information.
The Depositor will be responsible for any reasonable expenses incurred by the Trustee and the Certificate Administrator in connection
with including any Form 8-K Disclosure Information on Form 8-K pursuant to this paragraph. Information delivered to
the Certificate Administrator hereunder should be delivered by email to cts.sec.notifications@wellsfargo.com or by facsimile to
410-715-2380, Attn: CTS SEC Notifications.

After preparing the Form 8-K,
the Certificate Administrator shall forward electronically a copy of the Form 8-K to the Depositor for review no later than noon,
New York City time, on the 3rd Business Day after the Reportable Event, but in no event earlier than twenty-four (24) hours after having
received the Form 8-K Disclosure Information pursuant to the immediately preceding paragraph. Promptly, but no later than the
close of business on the third (3rd) Business Day after the Reportable Event, the Depositor shall notify the Certificate Administrator
in writing (which may be furnished electronically) of any changes to or approval of such Form 8-K. No later than noon, New York
City time, on the 4th Business Day after the Reportable Event, a duly authorized officer of the Depositor shall sign the Form 8-K
and return an electronic or fax copy of such signed Form 8-K (with an original executed hard copy to follow by overnight mail)
to the Certificate Administrator. If a Form 8-K cannot be filed on time or if a previously filed Form 8-K needs to be
amended, the Certificate Administrator will follow the procedures set forth in Section 11.03(b). Promptly after filing with
the Commission, the Certificate Administrator will, make available on its Internet website a final executed copy of each Form 8-K
filed by the Certificate Administrator. The signing party at the Depositor can be contacted at 1585 Broadway, New York, New York, 10036,
Attention: George Kok, with a copy to Morgan Stanley Capital I Inc., 1633 Broadway, 29th Floor, New York, New York 10019, Attention: Legal
Compliance Division, and a copy by email to cmbs_notices@morganstanley.com. The parties to this Agreement acknowledge that the
performance by the Certificate Administrator of its duties under this Section 11.07 related to the timely preparation and
filing of Form 8-K is contingent upon such parties observing all applicable deadlines in the performance of their duties under
this Section 11.07. Neither the Trustee nor the Certificate Administrator shall have any liability for any loss, expense,
damage, claim arising out of or with respect to any failure to properly prepare, arrange for execution and/or timely file such Form 8-K,
where such failure results from the Certificate Administrator’s inability or failure to receive, on a timely basis, any information
from the parties to this Agreement needed to prepare, arrange for execution or file such Form 8-K, not resulting from its own
negligence, bad faith or willful misconduct.

Each applicable Master Servicer,
each applicable Special Servicer, the Certificate Administrator and the Trustee shall promptly notify (and the applicable Master Servicer
and the applicable Special Servicer, as the case may be, shall (i) with respect to each Initial Sub-Servicer

    	 	-459-	 

     

    

that is an Additional Servicer engaged by such
Master Servicer or such Special Servicer, as applicable, use commercially reasonable efforts to cause such Additional Servicer to promptly
notify and (ii) with respect to each other Additional Servicer with which it has entered into a servicing relationship with respect
to the Mortgage Loans (other than a party to this Agreement) cause such Additional Servicer to promptly notify) the Depositor and the
Certificate Administrator, but in no event later than noon, New York City time, on the second (2nd) Business Day after its occurrence,
of any Reportable Event applicable to such party to the extent a Regulation AB Servicing Officer or Responsible Officer, as the case
may be, has actual knowledge, in EDGAR-Compatible Format.

Notwithstanding anything
to the contrary in this Section 11.07, with respect to each year in which the Trust and the trust for each Other Securitization
is not subject to the reporting requirements of the Exchange Act, none of the parties hereto are required to deliver Form 8-K
Disclosure Information.

Any notice and/or information
furnished or required to be furnished pursuant to this Section 11.07 shall also be provided to each Other Depositor and each
Other Certificate Administrator (to the extent the notice and/or information relates to a Serviced Companion Loan or a party that services,
specially services or is trustee or custodian for a Serviced Companion Loan) in the same time frame as set forth in this Section 11.07.

For so long as the Trust
is subject to the reporting obligations of the Exchange Act, with respect to any Non-Serviced Mortgage Loan serviced under a related Non-Serviced
PSA, no resignation, removal or replacement of any party to such Non-Serviced PSA that would be required to be reported on a Form 8-K
relating to this Trust shall become effective with respect to this Trust until the Certificate Administrator has filed any required Form
8-K pursuant to this Section 11.07.

Section 11.08   
Form 15 Filing. On or prior to January 30th of the first year in which the Depositor shall provide notice to the
Certificate Administrator of its ability under applicable law to suspend its Exchange Act filings, the Certificate Administrator shall
prepare and file a notification relating to the automatic suspension of reporting in respect of the Trust under the Exchange Act (the
“Form 15 Suspension Notification”) or any form necessary to be filed with the Commission to suspend such reporting
obligations. With respect to any reporting period occurring after the filing of such form, subject to Section 11.15(h), the
obligations of the parties to this Agreement under Section 11.04, Section 11.05 and Section 11.07
shall be suspended and reports or certifications due under Section 11.09, 11.10 and 11.11 shall not be due until
April 15th of each year. The Certificate Administrator shall provide prompt notice to the Mortgage Loan Sellers and all other parties
hereto that such form has been filed. If, after the filing of a Form 15 Suspension Notification, the Depositor shall provide notice
to the Certificate Administrator that it is required to resume its Exchange Act filings, the Certificate Administrator shall recommence
preparing and filing reports on Forms 10-D, 10-K, ABS-EE and 8-K as required pursuant to Section 11.04, Section 11.05
and Section 11.07, and all parties’ obligations under this Article XI shall recommence.

Section 11.09   
Annual Compliance Statements. Each applicable Master Servicer, each applicable Special Servicer (regardless of whether the
applicable Special Servicer has commenced special servicing of a Mortgage Loan), the Custodian, the Trustee (provided, however,

    	 	-460-	 

     

    

that the Trustee shall not be required to deliver
an assessment of compliance with respect to any period during which there was no Relevant Servicing Criteria applicable to it) and the
Certificate Administrator (each, a “Certifying Servicer”) shall (and each such party shall (i) with respect to
each Additional Servicer engaged by the Certifying Servicer that is an Initial Sub-Servicer, use commercially reasonable efforts to
cause such Additional Servicer to deliver to and (ii) with respect to each other Additional Servicer that is also a Servicing Function
Participant with which it has entered into a servicing relationship with respect to the Mortgage Loans, cause such Additional Servicer
to deliver to), on or before March 1st of each year, commencing in March 2023, deliver to the Trustee, the Certificate Administrator (which
copy shall be deemed furnished by the Certificate Administrator when made available on its Internet website), the Depositor and the 17g-5
Information Provider (who shall post to the 17g-5 Information Provider’s Website), an Officer’s Certificate, in the form
attached hereto as Exhibit GG (or such other form, similar in substance, as may be reasonably acceptable to the Depositor)
stating, as to the signer thereof, that (A) a review of such Certifying Servicer’s activities during the preceding calendar
year or portion thereof and of such Certifying Servicer’s performance under this Agreement, or the applicable sub-servicing
agreement or primary servicing agreement in the case of an Additional Servicer, has been made under such officer’s supervision and
(B) to the best of such officer’s knowledge, based on such review, such Certifying Servicer has fulfilled all its obligations
under this Agreement, or the applicable sub-servicing agreement or primary servicing agreement in the case of an Additional Servicer,
in all material respects throughout such year or portion thereof, or, if there has been a failure to fulfill any such obligation in any
material respect, specifying each such failure known to such officer and the nature and status thereof. Such Officer’s Certificate
shall be provided in EDGAR-Compatible Format, or in such other format agreed upon by the Depositor, the Certificate Administrator
and such providing parties. Each Certifying Servicer shall (i) with respect to each Additional Servicer engaged by such Certifying
Servicer that is an Initial Sub-Servicer, use commercially reasonable efforts to cause such Additional Servicer, and (ii) with
respect to each other Additional Servicer with which it has entered into a servicing relationship with respect to the Mortgage Loans,
cause such Additional Servicer to forward a copy of each such statement (or, in the case of the Certificate Administrator, make a copy
of each such statement available on its Internet website) to the Directing Certificateholder and the 17g-5 Information Provider. With
respect to any Non-Serviced Companion Loan, the Certificate Administrator will use its reasonable efforts to procure such Officer’s
Certificate from the applicable Non-Serviced Master Servicer, Non-Serviced Special Servicer and Non-Serviced Trustee in form
and substance similar to the form attached hereto as Exhibit GG. Promptly after receipt of each such Officer’s Certificate,
the Depositor may review each such Officer’s Certificate and, if applicable, consult with the Certifying Servicer as to the nature
of any failures by the Certifying Servicer or any related Additional Servicer with which the Certifying Servicer has entered into a servicing
relationship with respect to the Mortgage Loans in the fulfillment of any of the Certifying Servicer’s or Additional Servicer’s
obligations hereunder or under the applicable sub-servicing or primary servicing agreement. The obligations of the Certifying Servicer
and each Additional Servicer under this Section 11.09 apply to the Certifying Servicer and each Additional Servicer that serviced
a Mortgage Loan during the applicable period, whether or not such Certifying Servicer or Additional Servicer is acting as a Master Servicer,
a Special Servicer, the Trustee, the Certificate Administrator or Additional Servicer at the time such Officer’s Certificate is
required to be delivered. Each applicable Master Servicer, each applicable Special Servicer and each Additional Servicer shall not be
required to cause the delivery of any such statement until April 15 in any

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given year so long as it has received written
confirmation from the Depositor (or, in the case of an Other Securitization, the related Other Depositor) that a report on Form 10-K
is not required to be filed in respect of the Trust or the trust for any Other Securitization for the preceding calendar year.

In the event any Master Servicer,
any Special Servicer, the Trustee or the Certificate Administrator is terminated or resigns pursuant to the terms of this Agreement, such
party shall provide, and each of the applicable Master Servicer and the applicable Special Servicer shall (i) with respect to an
Initial Sub-Servicer engaged by such party that is an Additional Servicer that resigns or is terminated under any applicable servicing
agreement, use its reasonable efforts to cause such Additional Servicer to provide and (ii) with respect to any other Additional
Servicer engaged by such party that resigns or is terminated under any applicable servicing agreement, cause such Additional Servicer
to provide, an annual statement of compliance pursuant to this Section 11.09 with respect to the period of time that the applicable
Master Servicer, the applicable Special Servicer, the Trustee or the Certificate Administrator was subject to this Agreement or the period
of time that such Additional Servicer was subject to such other servicing agreement.

Any certificate, statement,
report, notice and/or information furnished or required to be furnished pursuant to this Section 11.09 shall also be provided
to each Other Depositor and each Other Certificate Administrator (to the extent such item and/or information relates to a party that services,
specially services or is trustee or custodian for a Serviced Companion Loan) in the same time frame as set forth in this Section 11.09.

Section 11.10   
Annual Reports on Assessment of Compliance with Servicing Criteria. (a) On
or before March 1st of each year, commencing in March 2023, each applicable Master Servicer, each applicable Special Servicer (regardless
of whether any Special Servicer has commenced special servicing of the Mortgage Loans), the Trustee (provided, however,
that the Trustee shall be required to deliver an assessment of compliance only if an Advance was made by the Trustee in such calendar
year), the Custodian, the Operating Advisor, the Certificate Administrator and each Additional Servicer, each at its own expense, shall
furnish (and each such party shall (i) with respect to each Initial Sub-Servicer engaged by a Master Servicer, a Special Servicer,
Trustee, Operating Advisor, Custodian, or Certificate Administrator that is a Servicing Function Participant, use commercially reasonable
efforts to cause such Servicing Function Participant to furnish and (ii) with respect to each other Servicing Function Participant
with which it has entered into a servicing relationship with respect to the Mortgage Loans, cause such Servicing Function Participant
to furnish) to the Trustee, the Certificate Administrator, the Depositor (which copy shall be deemed furnished by the Certificate Administrator
when made available on its Internet website) (and, with respect to each applicable Special Servicer, also to the Operating Advisor),
and the 17g-5 Information Provider, a report substantially in the form of Exhibit HH or such other form provided by
such Reporting Servicer that complies in all material respects with the requirements of Item 1122 of Regulation AB, on
an assessment of compliance with the Servicing Criteria applicable to it that contains (A) a statement by such Reporting Servicer
of its responsibility for assessing compliance with the Relevant Servicing Criteria, (B) a statement that such Reporting Servicer
used the Relevant Servicing Criteria to assess compliance with the Relevant Servicing Criteria, (C) such Reporting Servicer’s
assessment of compliance with the Relevant Servicing Criteria as of and for the period ending the end of the fiscal year covered by the
Form 10-K required to be filed pursuant to Section 11.05, including, if there has been any

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material instance of noncompliance with the
Relevant Servicing Criteria, a discussion of each such failure and the nature and status thereof, and (D) a statement that a registered
public accounting firm has issued an attestation report on such Reporting Servicer’s assessment of compliance with the Relevant
Servicing Criteria as of and for such period. With respect to any Non-Serviced Companion Loan, the Certificate Administrator will
use its reasonable efforts to procure such report from the applicable Non-Serviced Master Servicer, Non-Serviced Special Servicer
and Non-Serviced Trustee in form and substance similar to the form attached hereto as Exhibit HH. Such report shall be
provided in EDGAR-Compatible Format, or in such other format agreed upon by the Depositor, the Certificate Administrator and the Reporting
Servicer.

Each such report shall be
addressed to the Depositor and signed by an authorized officer of the applicable company, and shall address the Relevant Servicing Criteria
specified on a certification substantially in the form of Exhibit Z hereto delivered to the Depositor on the Closing Date.
Promptly after receipt of each such report, (i) the Depositor may review each such report and, if applicable, consult with each Reporting
Servicer as to the nature of any material instance of noncompliance with the Relevant Servicing Criteria applicable to it (and each Servicing
Function Participant engaged or utilized by each Reporting Servicer, as applicable), and (ii) the Certificate Administrator shall
confirm that the assessments taken individually address the Relevant Servicing Criteria for each party as set forth on Exhibit Z
and notify the Depositor of any exceptions. Each applicable Master Servicer, each applicable Special Servicer, the Certificate Administrator,
the Trustee, the Operating Advisor and any Servicing Function Participant shall not be required to cause the delivery of any such assessments
until April 15th in any given year so long as it has received written confirmation from the Depositor (or, in the case of an Other
Securitization, the related Other Depositor) that a report on Form 10-K is not required to be filed in respect of the Trust or
the trust for any Other Securitization for the preceding calendar year.

Notwithstanding the foregoing,
at any time that the Certificate Administrator and the Trustee are the same entity, the Certificate Administrator and Trustee may provide
a combined assessment of compliance required pursuant to this Section 11.10(a) in respect of their combined Relevant Servicing
Criteria as set forth on Exhibit Z hereto.

(b)             
Each applicable Master Servicer, each applicable Special Servicer, the Trustee, the Operating Advisor and the Certificate Administrator
hereby acknowledge and agree that the Relevant Servicing Criteria set forth on Exhibit Z is appropriately set forth with respect
to such party and any Servicing Function Participant with which each applicable Master Servicer, each applicable Special Servicer, Trustee,
Operating Advisor or Certificate Administrator has entered into a servicing relationship.

(c)              
No later than ten (10) Business Days after the end of each fiscal year for the Trust, any Master Servicer and any Special Servicer
shall notify the Certificate Administrator, the Depositor and each Mortgage Loan Seller as to the name of each Additional Servicer engaged
by it and each Servicing Function Participant utilized by it, in each case other than with respect to any Initial Sub-Servicer, and
the Trustee, the Operating Advisor and the Certificate Administrator shall notify the Depositor and each Mortgage Loan Seller as to the
name of each Servicing Function Participant utilized by it, in each case by providing an updated Exhibit FF, and each such
notice (except to a Mortgage Loan Seller) will specify what specific Servicing Criteria will be addressed in the report on assessment
of compliance prepared by such Servicing Function Participant. When

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each applicable Master Servicer, each applicable
Special Servicer, the Trustee, the Certificate Administrator and the Operating Advisor submit their assessments pursuant to Section 11.10(a),
such Master Servicer, such Special Servicer, the Trustee, the Certificate Administrator and the Operating Advisor, as applicable, will
also at such time include the assessment (and related attestation pursuant to Section 11.11) of each Servicing Function Participant
engaged by it.

In the event any Master Servicer,
any Special Servicer, the Trustee, the Operating Advisor, the Custodian or the Certificate Administrator is terminated or resigns pursuant
to the terms of this Agreement, such party shall provide, and each such party shall cause any Servicing Function Participant engaged by
it to provide (and each of the applicable Master Servicer and the applicable Special Servicer shall (i) with respect to an Initial
Sub-Servicer engaged by such Master Servicer or Special Servicer that is an Additional Servicer that resigns or is terminated under
any applicable servicing agreement, use its reasonable efforts to cause such Additional Servicer and (ii) with respect to any other
Additional Servicer that resigns or is terminated under any applicable servicing agreement, cause such Additional Servicer to provide)
an annual assessment of compliance pursuant to this Section 11.10, coupled with an attestation as required in Section 11.11
with respect to the period of time that the applicable Master Servicer, the applicable Special Servicer, the Trustee, the Operating Advisor,
the Custodian or the Certificate Administrator was subject to this Agreement or the period of time that the Additional Servicer was subject
to such other servicing agreement.

(d)              
The Operating Advisor may at any time request from the Certificate Administrator confirmation of whether a Control Termination
Event or Consultation Termination Event occurred during the previous calendar year, and upon such request the Certificate Administrator
shall deliver such confirmation to the Operating Advisor within ten (10) days of such request.

(e)              
Any certificate, statement, report, assessment, attestation, notice and/or information furnished or required to be furnished pursuant
to this Section 11.10 shall also be provided to each Other Depositor and each Other Certificate Administrator (to the extent
such item and/or information relates to a party that services, specially services or is trustee or custodian for a Serviced Companion
Loan) in the same time frame as set forth in this Section 11.10.

Section 11.11   
Annual Independent Public Accountants’ Attestation Report. On or before March 1st of each year, commencing in March
2023, each applicable Master Servicer, each applicable Special Servicer, the Trustee (provided, however, that the Trustee
shall not be required to deliver an assessment of compliance with respect to any period during which there was no Relevant Servicing Criteria
applicable to it), the Custodian, the Operating Advisor and the Certificate Administrator, each at its own expense, shall cause (and each
such party shall (i) with respect to each Initial Sub-Servicer engaged by such Master Servicer, such Special Servicer, Trustee,
Operating Advisor or Certificate Administrator that is a Servicing Function Participant use commercially reasonable efforts to cause such
Servicing Function Participant to cause and (ii) with respect to each other Servicing Function Participant with which it has entered
into a servicing relationship with respect to the Mortgage Loans, cause such Servicing Function Participant to cause) a registered public
accounting firm (which may also render other services to each applicable Master Servicer, each applicable Special Servicer, the Trustee,
the Certificate Administrator, the Custodian, the Operating Advisor or the applicable Servicing Function

    	 	-464-	 

     

    

Participant, as the case may be) and that is
a member of the American Institute of Certified Public Accountants to furnish a report to the Trustee, the Certificate Administrator (who
will promptly post such report on the Certificate Administrator’s Website pursuant to Section 3.13(b)) and the Depositor,
the 17g-5 Information Provider and, prior to the occurrence and continuance of a Consultation Termination Event, the Directing Certificateholder,
and, promptly, but not earlier than the second (2nd) Business Day following the delivery of such report to the 17g-5 Information
Provider, to the Rating Agencies, to the effect that (i) it has obtained a representation regarding certain matters from the management
of such Reporting Servicer, which includes an assertion that such Reporting Servicer has complied with the Relevant Servicing Criteria
applicable to it and (ii) on the basis of an examination conducted by such firm in accordance with standards for attestation engagements
issued or adopted by the PCAOB, it is issuing an opinion as to whether such Reporting Servicer’s assessment of compliance with the
Relevant Servicing Criteria applicable to it was fairly stated in all material respects. In the event that an overall opinion cannot be
expressed, such registered public accounting firm shall state in such report why it was unable to express such an opinion. Each such related
accountant’s attestation report shall be made in accordance with Rules 1-02(a)(3) and 2-02(g) of Regulation S-X
under the Securities Act and the Exchange Act. Such report must be available for general use and not contain restricted use language.
With respect to any Non-Serviced Companion Loan, the Certificate Administrator will use its reasonable efforts to procure such report
from the applicable Non-Serviced Master Servicer, Non-Serviced Special Servicer and Non-Serviced Trustee. Copies of such statement
will be provided by the Certificate Administrator in accordance with Section 3.13(b). Such report shall be provided in EDGAR-Compatible
Format, or in such other format agreed upon by the Depositor, the Certificate Administrator and the providing parties.

Promptly after receipt of
such report from any Master Servicer, any Special Servicer, the Trustee, the Certificate Administrator, the Operating Advisor, the Custodian
or any Servicing Function Participant, (i) the Depositor may review the report and, if applicable, consult with the applicable Master
Servicer, the applicable Special Servicer, the Trustee, the Operating Advisor, the Custodian or the Certificate Administrator as to the
nature of any defaults by each applicable Master Servicer, each applicable Special Servicer, the Trustee, the Operating Advisor, the Custodian,
the Certificate Administrator or any Servicing Function Participant with which it has entered into a servicing relationship with respect
to the Mortgage Loans, as the case may be, in the fulfillment of any of the applicable Master Servicer’s, the applicable Special
Servicer’s, the Trustee’s, the Certificate Administrator’s, the Operating Advisor’s, the Custodian’s or
the applicable Servicing Function Participants’ obligations hereunder or under the applicable sub-servicing or primary servicing
agreement, and (ii) the Certificate Administrator shall confirm that each accountants’ attestation report submitted pursuant
to this Section 11.11 relates to an assessment of compliance meeting the requirements of Section 11.10 and notify
the Depositor of any exceptions. Each applicable Master Servicer, each applicable Special Servicer, the Trustee, the Certificate Administrator,
the Operating Advisor, the Custodian and any Additional Servicer shall not be required to deliver, or shall be required to cause the delivery
of such reports until April 15th in any given year so long as it has received written confirmation from the Depositor that a Form 10-K
is not required to be filed with respect to the Trust for the preceding fiscal year.

Any notice, report, assessment
of compliance, statement, certificate and/or information furnished or required to be furnished pursuant to this Section 11.11
shall also be provided to each Other Depositor and each Other Certificate Administrator (to the extent the notice

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and/or information relates to a Serviced Companion
Loan or a party that services, specially services or is trustee or custodian for a Serviced Companion Loan) in the same time frame as
set forth in this ‎Section 11.11.

Section 11.12   
Indemnification. Each applicable Master Servicer, each applicable Special Servicer, the Trustee, the Certificate Administrator,
the Custodian, the Operating Advisor and the Asset Representations Reviewer shall indemnify and hold harmless each Certification Party
from and against any claims, losses, damages, penalties, fines, forfeitures, legal fees and expenses and related costs, judgments and
other costs and expenses (for the avoidance of doubt, including reasonable attorneys’ fees and expenses and expenses relating to
the enforcement of such indemnity) incurred by such Certification Party arising out of (i) an actual breach by such Master Servicer,
such Special Servicer, the Trustee, the Operating Advisor, the Asset Representations Reviewer, the Custodian or the Certificate Administrator,
as the case may be, of its obligations under this Article XI, (ii) negligence, bad faith or willful misconduct on the
part of such Master Servicer, such Special Servicer, the Trustee, the Asset Representations Reviewer, the Operating Advisor, the Custodian
or the Certificate Administrator in the performance of such obligations, or (iii) delivery of any Deficient Exchange Act Deliverable
by, or on behalf of, such party.

Each applicable Master Servicer,
each applicable Special Servicer, the Trustee, the Operating Advisor and the Certificate Administrator shall (i) with respect to
any Initial Sub-Servicer engaged by such Master Servicer, such Special Servicer, Trustee or Certificate Administrator that is a Servicing
Function Participant or Additional Servicer, use commercially reasonable efforts to cause such party to, and (ii) with respect to
each other Additional Servicer and each Servicing Function Participant with which, in each case, it has entered into a servicing relationship
with respect to the Mortgage Loans, cause such party to, in each case, indemnify and hold harmless each Certification Party from and against
any and all claims, losses, damages, penalties, fines, forfeitures, legal fees and expenses and related costs, judgments and any other
costs, fees and expenses (for the avoidance of doubt, including reasonable attorneys’ fees and expenses and expenses relating to
the enforcement of such indemnity) incurred by such Certification Party arising out of (a) a breach of its obligations to provide
any of the annual compliance statements or annual assessment of compliance with the servicing criteria or attestation reports pursuant
to the applicable sub-servicing or primary servicing agreement, (b) negligence, bad faith or willful misconduct on its part in
the performance of such obligations, (c) any failure by it, as a Servicer (as defined in Section 11.02(b)) to identify
a Servicing Function Participant pursuant to Section 11.02(c), or (d) delivery of any Deficient Exchange Act Deliverable.

In addition, each applicable
Master Servicer, each applicable Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian, the Certificate
Administrator and the Trustee shall cooperate (and require each Servicing Function Participant and Additional Servicer retained by it
to cooperate under the applicable Sub-Servicing Agreement) with the Depositor and each Other Depositor as necessary for the Depositor
or such Other Depositor, as applicable, to conduct any reasonable due diligence necessary to evaluate and assess any material instances
of non-compliance disclosed in any of the deliverables required by the applicable reporting requirements under the Securities Act, the
Exchange Act, the Sarbanes-Oxley Act and the rules and regulations promulgated thereunder (“Reporting Requirements”).

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 In connection with
comments provided to the Depositor or any Other Depositor from the Commission or its staff regarding information (x) delivered
by each applicable Master Servicer, each applicable Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the
Custodian, the Certificate Administrator, the Trustee, a Servicing Function Participant or an Additional Servicer, as applicable (“Affected
Reporting Party”), (y) regarding such Affected Reporting Party, and (z) prepared by such Affected Reporting Party or
any registered public accounting firm, attorney or other agent retained by such Affected Reporting Party to prepare such information,
which information is contained in a report filed by the Depositor or any Other Depositor under the Reporting Requirements and which comments
are received subsequent to the Depositor’s or any Other Depositor’s filing of such report, the Depositor or any Other Depositor
shall promptly provide to such Affected Reporting Party any such comments which relate to such Affected Reporting Party. Such Affected
Reporting Party shall be responsible for timely preparing a written response to the Commission or its staff for inclusion in the Depositor’s
or any Other Depositor’s response to the Commission or its staff, unless such Affected Reporting Party elects, with the consent
of the Depositor or any Other Depositor, as applicable (which consent shall not be unreasonably denied, withheld or delayed), to directly
communicate with the Commission or its staff and negotiate a response and/or resolution with the Commission or its staff; provided,
however, that if an Affected Reporting Party is a Servicing Function Participant or Additional Servicer retained by a Master Servicer,
a Master Servicer shall receive copies of all material communications pursuant to this Section 11.12. If such election
is made, the applicable Affected Reporting Party shall be responsible for directly negotiating such response and/or resolution with the
Commission or its staff in a timely manner; provided that (i) such Affected Reporting Party shall use reasonable efforts
to keep the Depositor or any Other Depositor informed of its progress with the Commission or its staff and copy the Depositor or any
Other Depositor on all correspondence with the Commission or its staff and provide the Depositor or any Other Depositor with the opportunity
to participate (at the Depositor’s or any Other Depositor’s expense) in any telephone conferences and meetings with the Commission
or its staff and (ii) the Depositor or any Other Depositor shall cooperate with any Affected Reporting Party in order to authorize
such Affected Reporting Party and its representatives to respond to and negotiate directly with the Commission or its staff with respect
to any comments from the Commission or its staff relating to such Affected Reporting Party and to notify the Commission or its staff
of such authorization. The Depositor (or any Other Depositor) and the Affected Reporting Party shall cooperate and coordinate with one
another with respect to any requests made to the Commission or its staff for extension of time for submitting a response or compliance.
All respective reasonable out-of-pocket costs and expenses incurred by the Depositor or any Other Depositor (including reasonable
legal fees and expenses of outside counsel to the Depositor or any Other Depositor, as the case may be) in connection with the foregoing
(other than those costs and expenses required to be at the Depositor’s or any Other Depositor’s expense as set forth above)
and any amendments to any reports filed with the Commission or its staff related thereto shall be promptly paid by the applicable Affected
Reporting Party upon receipt of an itemized invoice from the Depositor or any Other Depositor, as the case may be. Each applicable Master
Servicer, each applicable Special Servicer, the Operating Advisor, the Custodian, the Certificate Administrator and the Trustee shall
(i) with respect to any Initial Sub-Servicer engaged by it that is a Servicing Function Participant or Additional Servicer,
use commercially reasonable efforts to cause such party to, and (ii) with respect to each other Additional Servicer and each Servicing
Function Participant with which, in each case, it has entered into a servicing relationship with respect to the Mortgage Loans, cause

    	 	-467-	 

     

    

such party to, comply with the foregoing by
inclusion of similar provisions in the related sub-servicing or similar agreement.

If the indemnification provided
for herein is unavailable or insufficient to hold harmless any Certification Party, then the applicable Master Servicer, the applicable
Special Servicer, the Trustee, the Certificate Administrator, the Custodian or the Operating Advisor (the “Performing Party”)
shall contribute to the amount paid or payable to the Certification Party as a result of the losses, claims, damages or liabilities of
the Certification Party in such proportion as is appropriate to reflect the relative fault of the Certification Party on the one hand
and the Performing Party on the other in connection with a breach of the Performing Party’s obligations pursuant to Sections 11.06,
11.09 (if applicable), 11.10, 11.11 (or breach of its obligations under the applicable sub-servicing or primary
servicing agreement to provide any of the annual compliance statements or annual servicing criteria compliance reports or attestation
reports) or the Performing Party’s negligence, bad faith or willful misconduct in connection therewith. The applicable Master Servicer,
the applicable Special Servicer, the Trustee, the Operating Advisor and the Certificate Administrator shall (i) with respect to any
Initial Sub-Servicer engaged by such Master Servicer, such Special Servicer, Trustee or Certificate Administrator that is a Servicing
Function Participant or Additional Servicer, use commercially reasonable efforts to cause such party to, and (ii) with respect to
each other Additional Servicer or Servicing Function Participant, in each case, with which it has entered into a servicing relationship
with respect to the Mortgage Loans cause such party, in each case, to agree to the foregoing indemnification and contribution obligations.
This Section 11.12 shall survive the termination of this Agreement or the earlier resignation or removal of any Master Servicer,
any Special Servicer, the Trustee, the Operating Advisor, the Custodian or the Certificate Administrator.

Section 11.13   
Amendments. This Article XI may be amended with the written consent of the parties hereto pursuant to Section 13.01
for purposes of complying with Regulation AB and/or to conform to standards developed within the CMBS market and the Sarbanes-Oxley
Act without any Opinions of Counsel, Officer’s Certificates, Rating Agency Confirmation with respect to the Certificates or, with
respect to any Serviced Companion Loan Securities, a confirmation of the applicable rating agencies that such action will not result in
the downgrade, withdrawal or qualification of its then-current ratings (provided that such rating agency confirmation may be considered
satisfied in the same manner as any Rating Agency Confirmation may be considered satisfied with respect to the Certificates pursuant to
Section 3.25), or the consent of any Certificateholder, notwithstanding anything to the contrary contained in this Agreement;
provided that the reports and certificates required to be prepared pursuant to Sections 3.13, 11.09, 11.10
and 11.11 shall not be eliminated without Rating Agency Confirmation with respect to the Certificates or, with respect to any Serviced
Companion Loan Securities, without a confirmation of the applicable rating agencies that such action will not result in the downgrade,
withdrawal or qualification of its then-current ratings (provided that such rating agency confirmation may be considered satisfied
in the same manner as any Rating Agency Confirmation may be considered satisfied with respect to the Certificates pursuant to Section 3.25).
For the avoidance of doubt, any amendment to this Article XI affecting a Serviced Companion Loan shall be subject to Section 13.01(k).

Section 11.14   
Regulation AB Notices. Any notice, report or certificate required to be delivered by any Master Servicer, any Special
Servicer, the Certificate Administrator, the

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Operating Advisor, the Asset Representations
Reviewer, the Custodian or the Trustee, as the case may be, to the Depositor pursuant to this Article XI may be delivered
via email (and additionally delivered via phone or telecopy), notwithstanding the provisions of Section 13.05, to cts.sec.notifications@wellsfargo.com.

Section 11.15   
Certain Matters Relating to the Future Securitization of the Serviced Pari Passu Companion Loans. (a) Each
of the Trustee, the Certificate Administrator, each applicable Master Servicer and each applicable Special Servicer shall, and the applicable
Master Servicer and the applicable Special Servicer shall use commercially reasonable efforts to cause any sub-servicer appointed with
respect to any Serviced Pari Passu Companion Loan to, upon written request or notice from a Mortgage Loan Seller (or a permitted transferee
of such Mortgage Loan Seller pursuant to the related Intercreditor Agreement), reasonably cooperate with the Mortgage Loan Seller (or
such permitted transferee) selling any Serviced Pari Passu Companion Loan into a securitization that is required to comply with Regulation
AB (a “Regulation AB Companion Loan Securitization”) and, to the extent needed in order to comply with Regulation
AB, provide to the Mortgage Loan Seller (or such permitted transferee) information about itself that such Mortgage Loan Seller reasonably
requires to meet the requirements of Items 1117 and 1119 and paragraphs (b), (c)(2), (c)(3), (c)(4), (c)(5), (c)(6) and (e) of Item 1108
of Regulation AB and shall reasonably cooperate with such Mortgage Loan Seller to provide such other information as may be reasonably
necessary to comply with the requirements of Regulation AB. Each of the Trustee, the Certificate Administrator, any Master Servicer and
any Special Servicer understands that such information may be included in the offering material related to a Regulation AB Companion
Loan Securitization and agrees to (i) negotiate in good faith an agreement (subject to the final sentence of this sub-section)
to indemnify and hold the related depositor and underwriters involved in the offering of the related commercial mortgage pass through
certificates harmless for any costs, liabilities, fees and expenses (for the avoidance of doubt, including reasonable attorneys’
fees and expenses and expenses relating to the enforcement of such indemnity) incurred by the depositor or such underwriters as a result
of any material misstatements or omissions or alleged material misstatements or omissions in any such offering material to the extent
that such material misstatement or omission was made in reliance upon any such information provided by the Trustee (where such information
pertains to the Trustee individually and not to any specific aspect of the Trustee’s duties or obligations under this Agreement),
the Certificate Administrator (where such information pertains to the Certificate Administrator individually and not to any specific
aspect of the Certificate Administrator’s duties or obligations under this Agreement), the applicable Master Servicer (where such
information pertains to the applicable Master Servicer individually and not to any specific aspect of the applicable Master Servicer’s
duties or obligations under this Agreement) and the applicable Special Servicer (where such information pertains to the applicable Special
Servicer individually and not to any specific aspect of the applicable Special Servicer’s duties or obligations under this Agreement),
as applicable, to such depositor, underwriters or Mortgage Loan Seller (or permitted transferee) as required by this Section 11.15(a)
and (ii) deliver such securities law opinion(s) of counsel, certifications and/or indemnification agreement(s) (to the extent
the cost thereof is paid by the related Mortgage Loan Seller) with respect to such information that are substantially similar to those
delivered with respect to the offering material for this securitization by the applicable Master Servicer or the applicable Special Servicer,
Trustee and Certificate Administrator, as the case may be, or their respective counsel, in connection with the information concerning
such party in the offering material related to a Regulation AB Companion Loan Securitization. Notwithstanding the foregoing, to the extent
that the information

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provided by the Trustee, the Certificate Administrator,
the applicable Master Servicer or the applicable Special Servicer, as the case may be, for inclusion in the offering materials related
to such Regulation AB Companion Loan Securitization is substantially and materially similar to the information provided by such party
with respect to the offering materials related to this transaction, subject to any required changes due to any amendments to Regulation
AB or any changes in the interpretation of Regulation AB or changes in factual circumstances, such party shall be deemed to be in compliance
with this Section 11.15(a). Any indemnification agreement executed by the Trustee, the Certificate Administrator, the applicable
Master Servicer or the applicable Special Servicer in connection with the Regulation AB Companion Loan Securitization shall be substantially
similar to the related indemnification agreement executed in connection with this Agreement. It shall be a condition precedent to any
party’s obligations otherwise set forth above and/or elsewhere in Article XI that the applicable Mortgage Loan Seller
(or permitted transferee) shall have (a) provided reasonable advance notice (and, in any event, not less than ten (10) Business Days)
of the exercise of its rights hereunder and (b) paid, or entered into reasonable agreement to cause to be paid, the reasonable out-of-pocket
expenses (including reasonable fees and expenses of counsel) incurred by such party in reviewing and/or causing the delivery of any disclosure,
opinion of counsel or indemnification agreement.

(b)              
Each of the Trustee, the Certificate Administrator, each applicable Master Servicer and each applicable Special Servicer shall,
and the applicable Master Servicer and the applicable Special Servicer shall use commercially reasonable efforts to cause any Servicing
Function Participant appointed with respect to a Serviced Securitized Companion Loan to (provided that (a) such party has received
notice of the occurrence of the related Regulation AB Companion Loan Securitization, or (b) such party is also a party to the related
Other Pooling and Servicing Agreement, or (c) the applicable Regulation AB Companion Loan Securitization closed prior to the Closing Date,
as reflected on Exhibit S), cooperate with the depositor, trustee, certificate administrator, master servicer or special servicer
for any Regulation AB Companion Loan Securitization in preparing each Form 10-D, Form ABS-EE and Form 10-K required to be filed by such
Regulation AB Companion Loan Securitization (until January 30 of the first year in which the trustee or other applicable party for such
Regulation AB Companion Loan Securitization files a Form 15 Suspension Notification with respect to the related trust) and shall
provide to such depositor, trustee, certificate administrator or master servicer within the time period set forth in the Other Pooling
and Servicing Agreement (so long as such time period is no earlier than the time periods set forth herein) for such Regulation AB Companion
Loan Securitization such information relating to a Serviced Securitized Companion Loan as may be reasonably necessary for the depositor,
trustee, certificate administrator and master servicer of the Regulation AB Companion Loan Securitization to comply with the reporting
requirements of Regulation AB and the Exchange Act; provided, however, that any parties to any Regulation AB Companion Loan
Securitization shall consult with the Trustee, the Certificate Administrator, the applicable Master Servicer and the applicable Special
Servicer (and the applicable Master Servicer shall consult with any sub-servicer appointed by it with respect to the related Serviced
Whole Loan), and the Trustee, the Certificate Administrator, such Master Servicer and such Special Servicer shall cooperate with such
parties in respect of establishing the time periods for preparation of the Form 10-D and Form ABS-EE reports in the documentation for
such Regulation AB Companion Loan Securitization. Notwithstanding the foregoing, to the extent the Trustee, the Certificate Administrator,
the applicable Master Servicer or the applicable Special Servicer, as the case may be, complies in all material respects with the timing,
reporting and attestation requirements imposed on such party in

    	 	-470-	 

     

    

Article XI of this Agreement (other
than this Section 11.15) with respect to the comparable timing, reporting and attestation requirements contemplated in this
Section 11.15(b) with respect to such Regulation AB Companion Loan Securitization, such party shall be deemed to be in compliance
with the provisions of this Section 11.15(b).

(c)              
Each of the Trustee, the Certificate Administrator, each applicable Master Servicer and each applicable Special Servicer shall,
and the applicable Master Servicer and the applicable Special Servicer shall use commercially reasonable efforts to cause any Servicing
Function Participant appointed with respect to a Serviced Securitized Companion Loan to (provided that (a) such party has received
notice of the occurrence of the related Regulation AB Companion Loan Securitization, or (b) such party is also a party to the related
Other Pooling and Servicing Agreement, or (c) the applicable Regulation AB Companion Loan Securitization closed prior to the Closing Date,
as reflected on Exhibit S), provide the depositor, trustee or certificate administrator, as applicable, under a Regulation AB Companion
Loan Securitization (until January 30 of the first year in which the trustee or certificate administrator, as applicable, for such Regulation
AB Companion Loan Securitization files a Form 15 Suspension Notification with respect to the related trust) information with respect
to any event that is required to be disclosed under Form 8-K with respect to a Serviced Securitized Companion Loan within two (2) Business
Days after the occurrence of such event of which it has knowledge. Notwithstanding the foregoing, to the extent the Trustee, the Certificate
Administrator, any Master Servicer or any Special Servicer, as the case may be, complies in all material respects with the timing, reporting
and attestation requirements imposed on such party in Article XI of this Agreement (other than this Section 11.15)
with respect to the comparable timing, reporting and attestation requirements contemplated in this Section 11.15(c) with respect
to such Regulation AB Companion Loan Securitization, such party shall be deemed to be in compliance with the provisions of this Section 11.15(c).

(d)              
On or before March 1st of each year during which a Regulation AB Companion Loan Securitization is required to file an annual
report on Form 10-K (and not in respect of any year in which such Regulation AB Companion Loan Securitization is not required to
file an annual report on Form 10-K because a Form 15 Suspension Notification with respect to the related trust was filed), each of
the Trustee, the Certificate Administrator, each applicable Master Servicer and each applicable Special Servicer shall, and the applicable
Master Servicer and the applicable Special Servicer shall use commercially reasonable efforts to cause any Servicing Function Participant
appointed with respect to a Serviced Securitized Companion Loan to (provided that (a) such party has received notice of the occurrence
of the related Regulation AB Companion Loan Securitization, or (b) such party is also a party to the related Other Pooling and Servicing
Agreement, or (c) the applicable Regulation AB Companion Loan Securitization closed prior to the Closing Date, as reflected on Exhibit
S), provide, with respect to itself, to the depositor, trustee or certificate administrator, as applicable, under such Regulation
AB Companion Loan Securitization, to the extent required pursuant to Item 1122 of Regulation AB, (i) a report on an assessment of
compliance with the servicing criteria to the extent required pursuant to Item 1122(a) of Regulation AB, (ii) a registered accounting
firm’s attestation report on such Person’s assessment of compliance with the applicable servicing criteria to the extent required
pursuant to Item 1122(b) of Regulation AB and (iii) such other information as may be required pursuant to Item 1122(c) of Regulation
AB. Notwithstanding the foregoing, to the extent the applicable Master Servicer or the applicable Special Servicer, as the case may be,
complies in all material

    	 	-471-	 

     

    

respects with the timing, reporting and attestation
requirements imposed on such party in Article XI of this Agreement (other than this Section 11.15) with respect
to the comparable timing, reporting and attestation requirements contemplated in this Section 11.15(d) with respect to such
Regulation AB Companion Loan Securitization, such party shall be deemed to be in compliance with the provisions of this Section 11.15(d).

(e)              
On or before March 1st of each year during which a Regulation AB Companion Loan Securitization is required to file an annual
report on Form 10-K (and not in respect of any year in which such Regulation AB Companion Loan Securitization is not required to file
an annual report on Form 10-K because a Form 15 Suspension Notification with respect to the related trust was filed), each of the
Trustee, the Certificate Administrator, each applicable Master Servicer and each applicable Special Servicer shall, and the applicable
Master Servicer and the applicable Special Servicer shall use commercially reasonable efforts to cause any Servicing Function Participant
appointed with respect to a Serviced Securitized Companion Loan to, to the extent required pursuant to Item 1123 of Regulation AB, deliver,
with respect to itself, to the depositor, trustee and certificate administrator under such Regulation AB Companion Loan Securitization
(provided that (a) such party has received notice of the occurrence of the related Regulation AB Companion Loan Securitization,
or (b) such party is also a party to the related Other Pooling and Servicing Agreement, or (c) the applicable Regulation AB Companion
Loan Securitization closed prior to the Closing Date, as reflected on Exhibit S), under such Regulation AB Companion Loan Securitization
a servicer compliance statement signed by an authorized officer of such Person that satisfies the requirements of Item 1123 of Regulation
AB. Notwithstanding the foregoing, to the extent the Trustee, the Certificate Administrator, the applicable Master Servicer or the applicable
Special Servicer, as the case may be, complies in all material respects with the timing, reporting and attestation requirements imposed
on such party in Article XI of this Agreement (other than this Section 11.15) with respect to the comparable timing,
reporting and attestation requirements contemplated in this Section 11.15(e) with respect to such Regulation AB Companion
Loan Securitization, such party shall be deemed to be in compliance with the provisions of this Section 11.15(e).

(f)               
Each of the Trustee, the Certificate Administrator, the applicable Master Servicer and the applicable Special Servicer shall use
commercially reasonable efforts to cause a Servicing Function Participant to agree (severally but not jointly) to indemnify (such indemnity
limited to each such parties respective failure described below) and hold the related Mortgage Loan Seller (or permitted transferee),
depositor, sponsor(s), trustee, certificate administrator or master servicer under a Regulation AB Companion Loan Securitization harmless
for any costs, liabilities, fees and expenses (for the avoidance of doubt, including reasonable attorneys’ fees and expenses and
expenses relating to the enforcement of such indemnity) incurred by such Mortgage Loan Seller, depositor, sponsor(s), trustee, certificate
administrator or master servicer as a result of any failure by the Servicing Function Participant to comply with the reporting requirements
to the extent applicable set forth under Sections 11.15(b), (c), (d) or (e) above.

Any subservicing agreement
related to a Serviced Securitized Companion Loan shall contain a provision requiring the related Sub-Servicer to provide to the applicable
Master Servicer or the applicable Special Servicer, as applicable, information, reports, statements and certificates with respect to itself
and such Serviced Securitized Companion Loan comparable to any information, reports, statements or certificates required to be provided
by the applicable

    	 	-472-	 

     

    

Master Servicer or the applicable Special Servicer
pursuant to this Section 11.15, even if such Sub-Servicer is not otherwise required to provide such information, reports or
certificates to any Person in order to comply with Regulation AB. Such information, reports or certificates shall be provided to the applicable
Master Servicer or the applicable Special Servicer, as the case may be, no later than two (2) Business Days prior to the date on which
the applicable Master Servicer or the applicable Special Servicer, as the case may be, is required to deliver its comparable information,
reports, statements or certificates pursuant to this Section 11.15.

(g)              
With respect to any Mortgaged Property that secures a Serviced Pari Passu Companion Loan that the applicable Other Depositor has
notified the applicable Master Servicer and the applicable Special Servicer in writing is a “significant obligor” (within
the meaning of Item 1101(k) of Regulation AB) (together with notification of the relevant Distribution Date) with respect to
an Other Securitization that includes such Serviced Companion Loan, to the extent that the applicable Master Servicer or the applicable
Special Servicer, as the case may be, is in receipt of the updated financial statements of such “significant obligor” for
any calendar quarter (other than the fourth (4th) calendar quarter of any calendar year) from the Mortgagor, beginning with the first
calendar quarter in which such notice from the Other Depositor was received, or the updated financial statements of such “significant
obligor” for any calendar year, beginning for the calendar year in which such notice from the Other Depositor was received, as applicable,
the applicable Master Servicer or the applicable Special Servicer, as the case may be, shall deliver to the Other Depositor, on or prior
to the day that occurs two (2) Business Days prior to the related Significant Obligor NOI Quarterly Filing Deadline or seven (7) Business
Days prior to the related Significant Obligor NOI Yearly Filing Deadline, as applicable, (A) if such financial statement receipt occurs
twelve (12) or more Business Days prior to the related Significant Obligor NOI Quarterly Filing Deadline or seventeen (17) or more Business
Days prior to the related Significant Obligor NOI Yearly Filing Deadline, as applicable, the financial statements of such “significant
obligor”, together with the net operating income of such “significant obligor” for the applicable period as calculated
by the applicable Master Servicer (or as calculated by the applicable Special Servicer and provided to the applicable Master Servicer
solely in the case of any related Specially Serviced Loan or as calculated by the applicable Special Servicer with respect to any Serviced
REO Property and provided by the applicable Special Servicer to the applicable Master Servicer) in accordance with CREFC®
guidelines and (B) if such financial statement receipt occurs less than twelve (12) Business Day prior to the related Significant Obligor
NOI Quarterly Filing Deadline or less than seventeen (17) Business Days prior to the related Significant Obligor NOI Yearly Filing Deadline,
as applicable, such financial statements of the “significant obligor”, together with the net operating income of such “significant
obligor” for the applicable period as reported by the related Mortgagor in such financial statements (or as reported by the related
Mortgagor to the applicable Special Servicer and provided by the applicable Special Servicer to the applicable Master Servicer solely
in the case of any related Specially Serviced Loan or as reported by the applicable Special Servicer with respect to the Serviced REO
Property and provided by the applicable Special Servicer to the applicable Master Servicer).

If the applicable Master
Servicer or the applicable Special Servicer, as the case may be, does not receive such financial information satisfactory to comply with
Item 6 of Form 10-D or Item 1112(b)(1) of Form 10-K, as the case may be, of such “significant obligor”
within ten (10) Business Days after the date such financial information is required to be delivered under the related Mortgage Loan documents,
the applicable Master Servicer or the applicable Special Servicer, as

    	 	-473-	 

     

    

the case may be, shall notify the Other Depositor
with respect to such Other Securitization that includes the related Serviced Pari Passu Companion Loan (and shall cause each applicable
Sub-Servicing Agreement entered into after receipt of written notice from the Other Depositor that such Serviced Pari Passu Companion
Loan is a significant obligor to require the related Sub-Servicer to notify such Other Depositor) that it has not received such financial
information. The applicable Master Servicer (in the case of Non-Specially Serviced Loans) or the applicable Special Servicer (in the case
of Specially Serviced Loans) shall use efforts consistent with the Servicing Standard (taking into account, in addition, the ongoing reporting
obligations of such Other Depositor under the Exchange Act) to obtain the periodic financial statements required to be delivered by the
related Mortgagor under the related Mortgage Loan documents.

The applicable Master Servicer
(with respect to Non-Specially Serviced Loans) and the applicable Special Servicer (with respect to Specially Serviced Loans) shall (and
shall cause each applicable Sub-Servicing Agreement entered into after receipt of written notice from the Other Depositor that such Serviced
Pari Passu Companion Loan is a significant obligor to require the related Sub-Servicer to) retain written evidence of each instance in
which it (or a Sub-Servicer) attempts to contact the related Mortgagor related to any such “significant obligor” (identified
to it as such by the Other Depositor in accordance with the second preceding paragraph) to obtain the required financial information and
is unsuccessful and, within five (5) Business Days prior to the date in which a Form 10-D or Form 10-K, as applicable, is required to
be filed with respect to the Other Securitization, shall forward an Officer’s Certificate evidencing its attempts to obtain this
information to the Other Exchange Act Reporting Party and Other Depositor related to such Other Securitization; provided, however,
the applicable Special Servicer shall provide such Officer’s Certificate to the applicable Master Servicer and the applicable Master
Servicer shall forward such Officer’s Certificate to the Other Exchange Act Reporting Party and Other Depositor related to such
Other Securitization. This Officer’s Certificate should be addressed to the certificate administrator at its corporate trust office,
as specified in the related Other Pooling and Servicing Agreement.

(h)              
If any Other Securitization includes a Serviced Companion Loan and is subject to the reporting requirements of the Exchange Act,
then the obligations of the parties hereto set forth in this Article XI with respect such Other Securitization shall remain
in full force and effect notwithstanding that the Trust may cease to be subject to the reporting requirements of the Exchange Act.

Section 11.16   
Certain Matters Regarding Significant Obligors. As of the Closing Date, with respect to the Trust, there is no “significant
obligor” within the meaning of Item 1101(k) of Regulation AB (“Significant Obligor”).

Section 11.17   
Impact of Cure Period. For the avoidance of doubt, no Master Servicer or Special Servicer shall be subject to a Servicer
Termination Event pursuant to clause (iii) of the definition thereof prior to the expiration of the grace period applicable
to such party’s obligations under this Article XI as provided for in such clause (iii) nor shall any such
party be deemed to not be in compliance under this Agreement, during any grace period provided for in this Article XI; provided
that if any such party fails to comply with the delivery requirements of this Article XI by the expiration of any applicable
grace period such failure shall constitute a Servicer Termination Event. No Master Servicer or Special Servicer shall be subject to a
Servicer

    	 	-474-	 

     

    

Termination Event pursuant to clause (iii)
of the definition thereof prior to the expiration of the grace period applicable to such party’s obligations under this Article XI
as provided for in such clause (iii) nor shall any such party be deemed to not be in compliance under this Agreement, for
failing to deliver any item required under this Article XI by the time required hereunder with respect to any reporting period
for which the Trust (or any trust in a related Other Securitization) is not required to file Exchange Act reports.

[End of Article XI]

Article XII

THE ASSET REPRESENTATIONS REVIEWER

Section 12.01   
Asset Review.

(a)              
On or prior to each Distribution Date, based either on the CREFC® Delinquent Loan Status Report and/or the CREFC®
Loan Periodic Update File delivered by the applicable Master Servicer for such Distribution Date, the Certificate Administrator
shall determine if an Asset Review Trigger has occurred. If an Asset Review Trigger is determined to have occurred, the Certificate Administrator
shall promptly provide notice to all Certificateholders and each other party to this Agreement. Any notice required to be delivered to
the Certificateholders pursuant to this Article XII shall be delivered by the Certificate Administrator by posting such notice
on the Certificate Administrator’s Website, by mailing such notice to the Certificateholders’ addresses appearing in the Certificate
Register in the case of Definitive Certificates and by delivering such notice via the Depository in the case of Book-Entry Certificates.
The Certificate Administrator shall include in the Form 10-D relating to the reporting period in which the Asset Review Trigger occurred
the following statement describing the events that caused the Asset Review Trigger to occur: “As of the [Date of Distribution],
the following Mortgage Loans identified below are sixty (60) or more days delinquent and an Asset Review Trigger as defined in the Pooling
and Servicing Agreement has occurred.”. On each Distribution Date occurring after providing such notice to Certificateholders, the
Certificate Administrator, based on information provided to it by the applicable Master Servicer or the applicable Special Servicer, as
the case may be, shall determine whether (1) any additional Mortgage Loan has become a Delinquent Loan, (2) any Mortgage Loan
has ceased to be a Delinquent Loan and (3) whether an Asset Review Trigger has ceased to exist, and, if there is an occurrence of
any of the events or circumstances identified in clauses (1), (2) and/or (3), deliver such information in a written
notice (which may be via email) in the form of Exhibit RR within two (2) Business Days to the applicable Master Servicer,
the applicable Special Servicer, the Operating Advisor and the Asset Representations Reviewer.

If Certificateholders (other
than Holders of the RR Interest) evidencing not less than 5% of the Voting Rights of the Certificates deliver to the Certificate Administrator,
within ninety (90) days after the filing of the Form 10-D reporting the occurrence of an Asset Review Trigger, a written direction requesting
a vote to commence an Asset Review (an “Asset Review Vote Election”), then the Certificate Administrator shall promptly
provide written notice thereof to all Certificateholders (with a copy to the Asset Representations Reviewer) and conduct a solicitation
of votes in accordance with Section 5.10 to authorize an Asset Review. Upon the

    	 	-475-	 

     

    

affirmative vote to authorize an Asset Review
by Holders of Certificates evidencing at least (i) a majority of those Certificateholders who cast votes and (ii) a majority of an Asset
Review Quorum within one hundred fifty (150) days of receipt of the Asset Review Vote Election (an “Affirmative Asset Review
Vote”), the Certificate Administrator shall promptly provide written notice thereof to all parties to this Agreement, the Underwriters,
the Mortgage Loan Sellers, the Directing Certificateholder, the Risk Retention Consultation Party and the other Certificateholders (the
“Asset Review Notice”). Upon receipt of an Asset Review Notice, the Asset Representations Reviewer shall request access
to the Secure Data Room by providing the Certificate Administrator with a certification substantially in the form attached hereto as Exhibit QQ
(which shall be sent via email to trustadministrationgroup@wellsfargo.com or submitted electronically via the Certificate Administrator’s
Website). Upon receipt of such certification, the Certificate Administrator shall promptly (and in any case within two (2) Business Days
after such receipt) grant the Asset Representations Reviewer access to the Secure Data Room. In the event an Affirmative Asset Review
Vote has not occurred within such one hundred fifty (150) day period following the receipt of the Asset Review Vote Election, no Certificateholder
may request a vote or cast a vote for an Asset Review and the Asset Representations Reviewer will not be required to review any Delinquent
Loan unless and until (A) an additional Mortgage Loan has become a Delinquent Loan after the expiration of such one hundred fifty
(150) day period, (B) a new Asset Review Trigger has occurred as a result or an Asset Review Trigger is otherwise in effect, (C) the
Certificate Administrator has timely received any Asset Review Vote Election after the occurrence of the events described in clauses (A)
and (B) in this sentence and (D) an Affirmative Asset Review Vote has occurred within one hundred fifty (150) days after the
Asset Review Vote Election described in clause (C) in this sentence. After the occurrence of any Asset Review Vote Election
or an Affirmative Asset Review Vote, no Certificateholder may make any additional Asset Review Vote Election except as described in the
immediately preceding sentence. Any reasonable out-of-pocket expenses incurred by the Certificate Administrator in connection
with administering such vote will be paid as an expense of the Trust from the applicable Collection Account. The Certificate Administrator
shall be entitled to administer any vote in connection with the foregoing through an agent.

(b)              
 (i) Upon receipt of an Asset Review Notice, the Custodian (with respect to clauses (1) - (5) below for all
Mortgage Loans), the applicable Master Servicer (with respect to clauses (6) and (7) below for Non-Specially Serviced
Loans) and the applicable Special Servicer (with respect to clauses (6) and (7) below for Specially Serviced Loans),
in each case to the extent in such party’s possession, shall promptly, but in no event later than ten (10) Business Days, provide
the following materials in electronic format to the Asset Representations Reviewer (collectively, with the Diligence Files posted on the
Secure Data Room by the Certificate Administrator pursuant to Section 4.08, a copy of the Prospectus, a copy of each related
Mortgage Loan Purchase Agreement and a copy of this Agreement, the “Review Materials”):

(1)       a
copy of an assignment of the Mortgage in favor of the Trustee, with evidence of recording thereon, for each Delinquent Loan that is subject
to an Asset Review;

(2)       a
copy of an assignment of any related assignment of leases (if such item is a document separate from the Mortgage) in favor of the Trustee,
with

    	 	-476-	 

     

    

evidence of recording thereon, related
to each Delinquent Loan that is subject to an Asset Review;

(3)       a
copy of the assignment of all unrecorded documents relating to each Delinquent Loan that is subject to an Asset Review, if not already
covered pursuant to clause (1) or clause (2) above;

(4)       a
copy of all filed copies (bearing evidence of filing) or evidence of filing of any UCC financing statements related to each Delinquent
Loan that is subject to an Asset Review;

(5)       a
copy of an assignment in favor of the Trustee of any financing statement executed and filed in the relevant jurisdiction related to each
Delinquent Loan that is subject to an Asset Review;

(6)       a
copy of any notice previously delivered by the applicable Master Servicer or the applicable Special Servicer, as applicable, of any alleged
defect or breach with respect to any Delinquent Loan; and

(7)        copies
of any other related documents that were entered into or delivered in connection with the origination of the related Mortgage Loan that
the Asset Representations Reviewer has determined are necessary in connection with its completion of any Asset Review and that are requested
by the Asset Representations Reviewer, in the time frames and as otherwise described in clause (ii) hereof.

(ii)              
In addition, in the event that, as part of an Asset Review of a Mortgage Loan, the Asset Representations Reviewer determines it
is missing any document that is required to be part of the Review Materials for such Mortgage Loan and that is necessary in connection
with its completion of the Asset Review, the Asset Representations Reviewer shall promptly, but in no event later than ten (10) Business
Days after receipt of the Review Materials, notify the applicable Master Servicer (with respect to Non-Specially Serviced Loans) or the
applicable Special Servicer (with respect to Specially Serviced Loans), as applicable, of such missing document(s), and request that the
applicable Master Servicer or the applicable Special Servicer, as the case may be, promptly, but in no event later than ten (10) Business
Days after receipt of notification from the Asset Representations Reviewer, deliver to the Asset Representations Reviewer such missing
document(s) to the extent in its possession; provided that any such notification and/or request shall be in writing, specifically
identifying the documents being requested and sent to the notice address for the related party set forth in Section 13.05
of this Agreement. In the event any missing documents are not provided by the applicable Master Servicer or the applicable Special Servicer,
as the case may be, within such ten (10) Business Day period, the Asset Representations Reviewer shall request such documents from the
related Mortgage Loan Seller; provided that the Mortgage Loan Seller is required under the related Mortgage Loan Purchase Agreement
to deliver such missing document only to the extent such document is in the possession of such party but in any event excluding any documents
that contain information that is proprietary to the related originator or Mortgage Loan Seller or any

    	 	-477-	 

     

    

draft documents or privileged or internal
communications (and, if such documents are not in its possession, solely with respect to any Mortgage Loan sold by such Mortgage Loan
Seller that is a Non-Serviced Mortgage Loan, Mortgage Loan Seller shall be required to make a request under the applicable Non-Serviced
PSA for any such documents that are not in its possession). In the event any missing documents with respect to a Non-Serviced Mortgage
Loan are not provided by the Mortgage Loan Seller, the Asset Representations Reviewer shall request such documents from the parties to
the related Non-Serviced PSA, to the extent that the Asset Representations Reviewer is entitled to request such documents under such Non-Serviced
PSA.

(iii)              
The Asset Representations Reviewer may, but is under no obligation to, consider and rely upon information furnished to it by a
Person that is not a party to this Agreement or the applicable Mortgage Loan Seller, and shall do so only if such information can be independently
verified (without unreasonable effort or expense to the Asset Representations Reviewer) and is determined by the Asset Representations
Reviewer in its good faith and sole discretion to be relevant to the Asset Review conducted pursuant to this Section 12.01
(any such information, “Unsolicited Information”).

(iv)             
Upon receipt by the Asset Representations Reviewer of the Asset Review Notice and access to the Diligence File with respect to
a Delinquent Loan, the Asset Representations Reviewer, as an independent contractor, shall commence a review of the compliance of each
Delinquent Loan with the representations and warranties related to that Delinquent Loan (such review, the “Asset Review”).
The Asset Representations Reviewer shall perform an Asset Review with respect to each representation and warranty made by the related
Mortgage Loan Seller with respect to such Delinquent Loan in accordance with the procedures set forth on Exhibit PP (each
such procedure, a “Test”); provided, that the Asset Representations Reviewer may, but is under no obligation
to, modify any Test and/or associated Review Materials described in Exhibit PP if, and only to the extent, the Asset Representations
Reviewer determines pursuant to the Asset Review Standard that it is necessary to modify such Test and/or such associated Review Materials
in order to facilitate its Asset Review in accordance with the Asset Review Standard. Once an Asset Review of a Mortgage Loan is completed,
no further Asset Review shall be required in respect of, or performed on, such Mortgage Loan notwithstanding that such Mortgage Loan
may continue to be a Delinquent Loan or again become a Delinquent Loan at a time when a new Asset Review Trigger occurs and a new Affirmative
Asset Review Vote is obtained subsequent to the occurrence of such new Asset Review Trigger.

(v)              
No Certificateholder shall have the right to change the scope of the Asset Review, and the Asset Representations Reviewer shall
not be required to review any information other than (1) the Review Materials and (2) if applicable, Unsolicited Information.

(vi)            
The Asset Representations Reviewer may, absent manifest error and subject to the Asset Review Standard, (i) assume, without independent
investigation or verification, that the Review Materials are accurate and complete in all material respects and (ii) conclusively
rely on such Review Materials.

    	 	-478-	 

     

    

(vii)         
 The Asset Representations Reviewer shall prepare a preliminary report with respect to each Delinquent Loan within fifty-six (56)
days after the date on which access to the Secure Data Room is provided, subject to the last sentence of this Section 12.01(b)(vii).
In the event that the Asset Representations Reviewer determines that the Review Materials are insufficient to complete a Test and such
missing documentation is not delivered to the Asset Representations Reviewer by the related Mortgage Loan Seller, the applicable Master
Servicer (with respect to Non-Specially Serviced Loans) or the applicable Special Servicer (with respect to Specially Serviced Loans)
to the extent in the possession of the applicable Master Servicer or applicable Special Servicer, as applicable, within ten (10) Business
Days following the request by the Asset Representations Reviewer to the applicable Master Servicer, the applicable Special Servicer or
the related Mortgage Loan Seller, as the case may be, as described in Section 12.01(b)(ii), the Asset Representations Reviewer
shall list such missing documents in such preliminary report setting forth the preliminary results of the application of the Tests and
the reasons why such missing documents are necessary to complete a Test and (if the Asset Representations Reviewer has so concluded)
that the absence of such documents will be deemed to be a failure of such Test. The Asset Representations Reviewer shall provide such
preliminary report to the applicable Master Servicer (only with respect to Non-Specially Serviced Loans), the applicable Special Servicer
(with respect to Specially Serviced Loans) and the related Mortgage Loan Seller. If the preliminary report indicates that any of the
representations and warranties fails or is deemed to fail any Test, the related Mortgage Loan Seller shall have ninety (90) days (the
“Cure/Contest Period”) to remedy or otherwise refute the failure. Any documents or explanations to support the related
Mortgage Loan Seller’s claim that the representation and warranty has not failed a Test or that any missing information or documents
in the Review Materials are not required to complete a Test shall be sent by such Mortgage Loan Seller to the Asset Representations Reviewer.
For avoidance of doubt, the Asset Representations Reviewer shall not be required to prepare a preliminary report in the event the Asset
Representations Reviewer determines that there is no Test failure with respect to the related Mortgage Loan.

(viii)           
The Asset Representations Reviewer shall, within sixty (60) days after the date on which access to the Secure Data Room is provided
to the Asset Representations Reviewer by the Certificate Administrator or within the ten (10) days after the expiration of the Cure/Contest
Period (whichever is later), complete an Asset Review with respect to each Delinquent Loan and deliver (i) a report setting forth the
Asset Representations Reviewer’s findings and conclusions as to whether or not it has determined there is any evidence of a failure
of any Test based on the Asset Review and a statement that the Asset Representations Reviewer’s findings and conclusions set forth
in such report were not influenced by any third party (an “Asset Review Report”) to each party to this Agreement,
the related Mortgage Loan Seller for each Delinquent Loan, the Directing Certificateholder and (ii) a summary of the Asset Representations
Reviewer’s conclusions included in such Asset Review Report (an “Asset Review Report Summary”) to the Trustee,
the applicable Special Servicer and the Certificate Administrator. The period of time by which the Asset Review Report must be completed
and delivered may be extended by up to an additional thirty (30) days, upon written notice to the parties to this Agreement and the applicable
Mortgage Loan Seller, if the Asset Representations Reviewer determines pursuant to the Asset Review Standard that such additional time
is required due to the characteristics of

    	 	-479-	 

     

    

the Mortgage Loan and/or the Mortgaged
Property or Mortgaged Properties. In no event may the Asset Representations Reviewer determine whether any Test failure constitutes a
Material Defect, or whether the Trust should enforce any rights it may have against the applicable Mortgage Loan Seller, which, in each
case, shall be a responsibility of the applicable Enforcing Servicer pursuant to Section 2.03(k) of this Agreement.

(ix)            
In addition, in the event that the Asset Representations Reviewer does not receive any documentation that it requested from the
applicable Master Servicer (with respect to Non-Specially Serviced Loans), the applicable Special Servicer (with respect to Specially
Serviced Loans) or the related Mortgage Loan Seller in sufficient time to allow the Asset Representations Reviewer to complete its Asset
Review and deliver an Asset Review Report, the Asset Representations Reviewer shall prepare the Asset Review Report solely based on the
documentation received by the Asset Representations Reviewer with respect to the related Delinquent Loan, and the Asset Representations
Reviewer shall have no responsibility to independently obtain any such documentation from any party to this Agreement or otherwise.

(x)                
Within thirty (30) days after receipt of an Asset Review Report with respect to any Mortgage Loan, the applicable Special Servicer
shall determine whether at that time, based on the Servicing Standard, there exists a Material Defect with respect to such Mortgage Loan.
If the applicable Special Servicer determines that a Material Defect exists, it shall enforce the obligations of the applicable Mortgage
Loan Seller with respect to such Material Defect in accordance with Section 2.03(b).

(c)              
The Asset Representations Reviewer and its affiliates shall keep confidential any information appropriately labeled as “Privileged
Information” received from any party to this Agreement or any Sponsor (including, without limitation, in connection with the review
of the Mortgage Loans) and not disclose such Privileged Information to any Person (including Certificateholders), other than (1) to
the extent expressly required by this Agreement in an Asset Review Report or otherwise, to the other parties to this Agreement with a
notice indicating that such information is Privileged Information or (2) pursuant to a Privileged Information Exception. Each party
to this Agreement that receives Privileged Information from the Asset Representations Reviewer with a notice stating that such information
is Privileged Information shall not disclose such Privileged Information to any Person without the prior written consent of the applicable
Special Servicer other than pursuant to a Privileged Information Exception.

(d)              
The Asset Representations Reviewer may delegate its duties to agents or subcontractors so long as the related agreements or arrangements
with such agents or subcontractors are consistent with the provisions of this Section 12.01; provided that no agent
or subcontractor may (i) be affiliated with any Mortgage Loan Seller, any Master Servicer, any Special Servicer, the Depositor, the
Certificate Administrator, the Trustee, the Directing Certificateholder or any of their respective Affiliates or (ii) have been paid
any fees, compensation or other remuneration by an Underwriter, a Master Servicer, a Special Servicer, the Depositor, the Certificate
Administrator, the Trustee, the Directing Certificateholder or any of their respective Affiliates in connection with due diligence or
other services with respect to any Mortgage Loan prior to the Closing Date. Notwithstanding the foregoing sentence, the Asset Representations
Reviewer shall remain obligated and primarily liable for any Asset Review required hereunder in

    	 	-480-	 

     

    

accordance with the provisions of this Agreement
without diminution of such obligation or liability or related obligation or liability by virtue of such delegation or arrangements or
by virtue of indemnification from any Person acting as its agents or subcontractor to the same extent and under the same terms and conditions
as if the Asset Representations Reviewer alone were performing its obligations under this Agreement. The Asset Representations Reviewer
shall be entitled to enter into an agreement with any agent or subcontractor providing for indemnification of the Asset Representations
Reviewer by such agent or subcontractor, and nothing contained in this Agreement shall be deemed to limit or modify such indemnification.

Section 12.02   
Payment of Asset Representations Reviewer Fees and Expenses; Limitation of Liability.

(a)             
The Asset Representations Reviewer shall be paid a fee of $5,000 on the Closing Date. As compensation for the performance of its
routine duties, the Asset Representations Reviewer shall be paid a fee (the “Asset Representations Reviewer Fee”),
payable monthly from amounts received in respect of the Mortgage Loans and shall be equal to the product of a rate equal to 0.00036% per
annum (the “Asset Representations Reviewer Fee Rate”) and the Stated Principal Balance of each such Mortgage Loan
and REO Loan (including any Non-Serviced Mortgage Loan, but not any Companion Loan) and shall be calculated in the same manner as interest
is calculated on such Mortgage Loans.

(b)              
As compensation for the performance of its duties hereunder, with respect to an individual Asset Review Trigger and the Mortgage
Loans that are Delinquent Loans and are subject to an Asset Review (for purposes of this paragraph, each a “Subject Loan”),
upon the completion of any Asset Review with respect to an individual Asset Review Trigger, the Asset Representations Reviewer shall be
paid a fee equal to (a) in the case of a Subject Loan that is not an NCB Co-op Mortgage Loan, (i) $15,000, plus $1,000 per additional
Mortgaged Property with respect to a Delinquent Loan with a Cut-off Date Balance less than $20,000,000, (ii) $20,000 plus $1,000 per additional
Mortgaged Property with respect to a Delinquent Loan with a Cut-off Date Balance greater than or equal to $20,000,000, but less than $40,000,000
or (iii) $25,000 plus $1,000 per additional Mortgaged Property with respect to a Delinquent Loan with a Cut-off Date Balance greater than
or equal to $40,000,000 and (b) in the case of a Subject Loan that is an NCB Co-op Mortgage Loan, $10,000 (any such fee, the “Asset
Representations Reviewer Asset Review Fee”). The Asset Representations Reviewer Asset Review Fee with respect to each Delinquent
Loan (or, in the case of a Joint Mortgage Loan, the applicable Mortgage Loan Seller Percentage Interest thereof) shall be paid by the
related Mortgage Loan Seller; provided, however, that if the related Mortgage Loan Seller is insolvent or fails to pay such
amount within ninety (90) days of written invoice therefor by the Asset Representations Reviewer, such fee shall be paid by the Trust
following delivery by the Asset Representations Reviewer of a certification to the applicable Master Servicer that the requirements for
payment set forth in this Section 12.02(b) have been met. The Asset Representations Reviewer shall not deliver any such certificate
unless it has invoiced payment of such amount and otherwise met the requirements for payment set forth in this Section 12.02(b),
including receipt of evidence of such insolvency or failure to pay such amount. A Mortgage Loan Seller shall be deemed to have failed
to pay such amount hereunder ninety (90) days after delivery by the Asset Representations Reviewer of an itemized invoice to such Mortgage
Loan Seller by registered mail or overnight courier to the address listed in this Agreement for such Mortgage Loan Seller, or to such
other address as shall be provided by such Mortgage Loan Seller

    	 	-481-	 

     

    

for delivery of notices in accordance with
this Agreement, or ninety (90) days following attempted delivery of such invoice by registered mail or overnight courier and reasonable
follow -up by telephone or e-mail. Notwithstanding any payment of such fee by the Trust to the Asset Representations Reviewer, such fee
will remain an obligation of the related Mortgage Loan Seller and the Enforcing Servicer shall pursue remedies against such Mortgage Loan
Seller to recover any such amounts to the extent paid by the Trust.

(c)              
Notwithstanding the foregoing, the Asset Representations Reviewer Asset Review Fee with respect to a Delinquent Loan shall be included
in the Purchase Price for any Mortgage Loan that was the subject of a completed Asset Review that is repurchased or substituted by a Mortgage
Loan Seller, and such portion of the Purchase Price received shall be used to reimburse the Asset Representations Reviewer or the Trust,
as the case may be, for such fees pursuant to Section 12.02(b).

(d)              
The Asset Representations Reviewer shall be liable in accordance herewith only to the extent of the obligations specifically imposed
by this Agreement.

Section 12.03   
Resignation of the Asset Representations Reviewer. The Asset Representations Reviewer may resign and be discharged from
its obligations hereunder by giving written notice thereof to the other parties to this Agreement and each Rating Agency. Upon such notice
of resignation, the Depositor shall promptly appoint a successor asset representations reviewer that is an Eligible Asset Representations
Reviewer. If no successor asset representations reviewer shall have been so appointed and have accepted appointment within thirty (30)
days after the giving of such notice of resignation, the resigning Asset Representations Reviewer may petition any court of competent
jurisdiction for the appointment of a successor asset representations reviewer that is an Eligible Asset Representations Reviewer. The
Asset Representations Reviewer will bear all reasonable costs and expenses of each party hereto and each Rating Agency in connection with
its resignation.

Section 12.04   
Restrictions of the Asset Representations Reviewer. Neither the Asset Representations Reviewer nor any of its Affiliates
shall make any investment in any Class of Certificates; provided, however, that such prohibition shall not apply to (i) riskless
principal transactions effected by a broker dealer Affiliate of the Asset Representations Reviewer or (ii) investments by an Affiliate
of the Asset Representations Reviewer if the Asset Representations Reviewer and such Affiliate maintain policies and procedures that (A) segregate
personnel involved in the activities of the Asset Representations Reviewer under this Agreement from personnel involved in such Affiliate’s
investment activities and (B) prevent such Affiliate and its personnel from gaining access to information regarding the Trust and
the Asset Representations Reviewer and its personnel from gaining access to such Affiliate’s information regarding its investment
activities.

Section 12.05   
Termination of the Asset Representations Reviewer.

(a)              
An “Asset Representations Reviewer Termination Event” means any one of the following events whether it shall
be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order,
rule or regulation of any administrative or governmental body:

    	 	-482-	 

     

    

(i)               
 any failure by the Asset Representations Reviewer to observe or perform in any material respect any of its covenants or agreements
or the material breach of any of its representations or warranties under this Agreement, which failure shall continue unremedied for a
period of thirty (30) days after the date on which written notice of such failure, requiring the same to be remedied, shall have been
given to the Asset Representations Reviewer by the Trustee or to the Asset Representations Reviewer and the Trustee by the Holders of
Certificates having greater than 25% of the Voting Rights, provided that any such failure that is not curable within such thirty (30)
day period, the Asset Representations Reviewer shall have an additional cure period of thirty (30) days to effect such cure so long as
it has commenced to cure such failure within the initial thirty (30) day period and has provided the Trustee and the Certificate Administrator
with an officer’s certificate certifying that it has diligently pursued, and is continuing to pursue, such cure;

(ii)             
any failure by the Asset Representations Reviewer to perform its obligations hereunder in accordance with the Asset Review Standard
in any material respect, which failure shall continue unremedied for a period of thirty (30) days after the date written notice of such
failure, requiring the same to be remedied, is given to the Asset Representations Reviewer by any party to this Agreement;

(iii)           
any failure by the Asset Representations Reviewer to be an Eligible Asset Representations Reviewer, which failure shall continue
unremedied for a period of thirty (30) days after the date written notice of such failure, requiring the same to be remedied, is given
to the Asset Representations Reviewer by any party to this Agreement;

(iv)            
a decree or order of a court or agency or supervisory authority having jurisdiction in the premises in an involuntary case under
any present or future federal or state bankruptcy, insolvency or similar law for the appointment of a conservator or receiver or liquidator
in any insolvency, readjustment of debt, marshaling of assets and liabilities or similar proceedings, or for the winding-up or liquidation
of its affairs, shall have been entered against the Asset Representations Reviewer, and such decree or order shall have remained in force
undischarged or unstayed for a period of sixty (60) days;

(v)              
the Asset Representations Reviewer shall consent to the appointment of a conservator or receiver or liquidator or liquidation committee
in any insolvency, readjustment of debt, marshaling of assets and liabilities, voluntary liquidation, or similar proceedings of or relating
to the Asset Representations Reviewer or of or relating to all or substantially all of its property; or

(vi)             
the Asset Representations Reviewer shall admit in writing its inability to pay its debts generally as they become due, file a
petition to take advantage of any applicable insolvency or reorganization statute, make an assignment for the benefit of its creditors,
or voluntarily suspend payment of its obligations.

Upon receipt by the Certificate
Administrator of written notice of the occurrence of any Asset Representations Reviewer Termination Event, the Certificate Administrator
shall promptly provide written notice to all Certificateholders (which shall be simultaneously delivered

    	 	-483-	 

     

    

to the Asset Representations Reviewer) in accordance
with the notice distribution procedures described in Section 12.01(a), unless the Certificate Administrator has received written
notice that such Asset Representations Reviewer Termination Event has been remedied. If an Asset Representations Reviewer Termination
Event shall occur then, and in each and every such case, so long as such Asset Representations Reviewer Termination Event shall not have
been remedied, either the Trustee (i) may or (ii) upon the written direction of Holders of Certificates evidencing not less
than 25% of the Voting Rights (without regard to the application of any Cumulative Appraisal Reduction Amounts), shall, terminate all
of the rights and obligations of the Asset Representations Reviewer under this Agreement, other than rights and obligations accrued prior
to such termination (including the right to receive all amounts accrued and owing to it under this Agreement) and other than indemnification
rights (arising out of events occurring prior to such termination), by notice in writing to the Asset Representations Reviewer. The Asset
Representations Reviewer is required to bear all reasonable costs and expenses of itself and of each other party to this Agreement in
connection with its termination due to an Asset Representations Reviewer Termination Event. Notwithstanding anything herein to the contrary,
the Depositor and each Mortgage Loan Seller shall have the right, but not the obligation, to notify the Certificate Administrator and
the Trustee of any Asset Representations Reviewer Termination Event of which it becomes aware.

(b)              
Upon (i) the written direction of Holders of Certificates evidencing not less than 25% of the Voting Rights (without regard
to the application of any Cumulative Appraisal Reduction Amounts) requesting a vote to terminate and replace the Asset Representations
Reviewer with a proposed successor asset representations reviewer that is an Eligible Asset Representations Reviewer and (ii) payment
by such Holders to the Certificate Administrator of the reasonable fees and expenses to be incurred by the Certificate Administrator in
connection with administering such vote, the Certificate Administrator shall promptly provide written notice thereof to the Asset Representations
Reviewer and to all Certificateholders by (i) posting such notice on its internet website, and (ii) mailing such notice to all
Certificateholders at their addresses appearing in the Certificate Register and to the Asset Representations Reviewer. Upon the written
direction of Holders of Certificates evidencing at least 75% of a Certificateholder Quorum (without regard to the application of any Cumulative
Appraisal Reduction Amounts), the Trustee shall terminate all of the rights and obligations of the Asset Representations Reviewer under
this Agreement (other than any rights or obligations that accrued prior to the date of such termination and other than indemnification
rights arising out of events occurring prior to such termination) by notice in writing to the Asset Representations Reviewer and appoint
the proposed successor. As between the Asset Representations Reviewer, on the one hand, and the Certificateholders, on the other, the
Certificateholders shall be entitled in their sole discretion to vote for the termination or not vote for the termination of the Asset
Representations Reviewer. In the event that Holders of the Certificates evidencing at least 75% of a Certificateholder Quorum (without
regard to the application of any Cumulative Appraisal Reduction Amounts) elect to remove the Asset Representations Reviewer without cause
and appoint a successor, the successor asset representations reviewer will be responsible for all expenses necessary to effect the transfer
of responsibilities from its predecessor.

(c)              
On or after the receipt by the Asset Representations Reviewer of written notice of termination, subject to this Section 12.05,
all of its authority and power under this Agreement shall be terminated and, without limitation, the terminated Asset Representations

    	 	-484-	 

     

    

Reviewer shall execute any and all documents
and other instruments, and do or accomplish all other acts or things reasonably necessary or appropriate to effect the purposes of such
notice of termination. As soon as practicable, but in no event later than thirty (30) days after (1) the Asset Representations Reviewer
resigns pursuant to Section 12.03 of this Agreement or (2) the Trustee delivers such written notice of termination to
the Asset Representations Reviewer, the Trustee shall appoint a successor asset representations reviewer that is an Eligible Asset Representations
Reviewer. The Trustee shall provide written notice of the appointment of an Asset Representations Reviewer to each applicable Master Servicer,
each applicable Special Servicer, the Operating Advisor, the Certificate Administrator, the Directing Certificateholder and each Certificateholder
within one Business Day of such appointment.

The Asset Representations
Reviewer shall at all times be an Eligible Asset Representations Reviewer and if the Asset Representations Reviewer ceases to be an Eligible
Asset Representations Reviewer, the Asset Representations Reviewer shall immediately notify each applicable Master Servicer, each applicable
Special Servicer, the Trustee, the Operating Advisor, the Certificate Administrator and the Directing Certificateholder of such disqualification
and immediately resign under Section 12.03 of this Agreement and the Trustee shall appoint a successor asset representations
reviewer subject to and in accordance with this Section 12.05. Notwithstanding the foregoing, if the Trustee is unable to
find a successor asset representations reviewer within thirty (30) days of the termination of the Asset Representations Reviewer,
the Depositor shall be permitted to find a replacement. The Trustee shall not be liable for any failure to identify and appoint a successor
asset representations reviewer so long as the Trustee uses commercially reasonable efforts to conduct a search for a successor asset representations
reviewer and such failure is not a result of the Trustee’s negligence, bad faith or willful misconduct in the performance of its
obligations hereunder.

(d)              
Upon any termination of the Asset Representations Reviewer and appointment of a successor to the Asset Representations Reviewer,
the Trustee shall, as soon as possible, give written notice thereof to each applicable Special Servicer, each applicable Master Servicer,
the Certificate Administrator (who shall, as soon as possible, give written notice thereof to the Certificateholders), the Operating Advisor,
the Mortgage Loan Sellers, the Depositor, each Rating Agency, and, prior to the occurrence and continuance of a Consultation Termination
Event and the Directing Certificateholder. In the event that the Asset Representations Reviewer is terminated, all of its rights and obligations
under this Agreement shall terminate, other than any rights or obligations that accrued prior to the date of such termination (including
the right to receive all amounts accrued and owing to it under this Agreement) and other than indemnification rights (arising out of events
occurring prior to such termination).

[End of Article XII]

Article XIII

MISCELLANEOUS PROVISIONS

Section 13.01   
Amendment. (a) This Agreement may be amended from time to time
by the parties hereto, without the consent of any of the Certificateholders or the Companion Holders:

    	 	-485-	 

     

    

(i)                 
 to correct any defect or ambiguity in this Agreement in order to address any manifest error in any provision of this Agreement;

(ii)               
to cause the provisions in this Agreement to conform or be consistent with or in furtherance of the statements made in the Prospectus
(or in an offering document for any related non-offered certificates) with respect to the Certificates, the Trust or this Agreement or
to correct or supplement any of its provisions which may be defective or inconsistent with any other provisions therein or to correct
any error;

(iii)           
to change the timing and/or nature of deposits in any applicable Collection Account, the Distribution Accounts or any REO Account;
provided that (a) the P&I Advance Date shall in no event be later than the Business Day prior to the related Distribution
Date and (b) such change shall not adversely affect in any material respect the interests of any Certificateholder (including, for
the avoidance of doubt, any Holder of an RR Interest), as evidenced in writing by an Opinion of Counsel at the expense of the party requesting
such amendment or as evidenced by a Rating Agency Confirmation from each Rating Agency with respect to such amendment;

(iv)             
to modify, eliminate or add to any of its provisions to such extent as shall be necessary to maintain the qualification of any
Trust REMIC as a REMIC or the Grantor Trust as a grantor trust under the relevant provisions of the Code at all times that any Certificate
is outstanding, or to avoid or minimize the risk of imposition of any tax on the Trust or any Trust REMIC or the Grantor Trust; provided
that the Trustee and the Certificate Administrator have received an Opinion of Counsel (at the expense of the party requesting such
amendment) to the effect that (a) such action is necessary or desirable to maintain such qualification or to avoid or minimize
the risk of the imposition of any such tax and (b) such action will not adversely affect in any material respect the interests
of any Certificateholder (including, for the avoidance of doubt, any Holder of an RR Interest) or Companion Holder;

(v)             
to modify, eliminate or add to the provisions of Section 5.03(o) or any other provision hereof restricting transfer
of the Class R Certificates; provided the Depositor has determined that such change shall not, as evidenced by an Opinion
of Counsel, cause the Trust, any Trust REMIC or any of the Certificateholders (other than the Transferor) to be subject to a federal
tax caused by a Transfer to a Person that is a Disqualified Organization or a Disqualified Non-U.S. Tax Person;

(vi)           
to revise or add any other provisions with respect to matters or questions arising under this Agreement or any other change; provided
that the required action shall not adversely affect in any material respect the interests of any Certificateholder (including, for the
avoidance of doubt, any Holder of an RR Interest) or any holder of a Serviced Pari Passu Companion Loan not consenting to such revision
or addition, as evidenced in writing by an Opinion of Counsel, at the expense of the party requesting such amendment or as evidenced by
a Rating Agency Confirmation from each of the Rating Agencies with respect to such amendment or supplement and confirmation of the applicable
rating agencies that such action will not result in the downgrade, withdrawal or qualification of its then-current ratings of any Serviced
Companion Loan Securities, if any (provided that such rating

    	 	-486-	 

     

    

agency confirmation may be considered
satisfied in the same manner as any Rating Agency Confirmation may be considered satisfied with respect to the Certificates pursuant to
Section 3.25);

(vii)           
to amend or supplement any provision hereof to the extent necessary to maintain the then-current ratings assigned to each Class
of Certificates by each Rating Agency, as evidenced by a Rating Agency Confirmation from each of the Rating Agencies and confirmation
of the applicable rating agencies that such action will not result in the downgrade, withdrawal or qualification of its then-current ratings
of any Serviced Companion Loan Securities, if any (provided that such rating agency confirmation may be considered satisfied in
the same manner as any Rating Agency Confirmation may be considered satisfied with respect to the Certificates pursuant to Section 3.25);
provided that such amendment or supplement shall not adversely affect in any material respect the interests of any Certificateholder
(including, for the avoidance of doubt, any Holder of an RR Interest) not consenting to such amendment or supplement, as evidenced by
an Opinion of Counsel;

(viii)         
to modify the provisions of Sections 3.05 and 3.17 (with respect to reimbursement of Nonrecoverable Advances
and Workout-Delayed Reimbursement Amounts) if (a) the Depositor, the applicable Master Servicer, the Trustee and, for so long
as a Control Termination Event has not occurred and is not continuing and with respect to the Mortgage Loans other than any Excluded
Loan as to the Directing Certificateholder or the Holder of the majority of the Controlling Class, the Directing Certificateholder, determine
that the CMBS industry standard for such provisions has changed, in order to conform to such industry standard, (b) such modification
does not cause any Trust REMIC to fail to qualify as a REMIC or the Grantor Trust to fail to qualify as a grantor trust under the relevant
provisions of the Code, as evidenced by an Opinion of Counsel and (c) each Rating Agency has delivered a Rating Agency Confirmation
and, with regard to any class of Serviced Companion Loan Securities, the applicable rating agencies have delivered a confirmation that
such action will not result in the downgrade, withdrawal or qualification of its then-current ratings (provided that such
rating agency confirmation may be considered satisfied in the same manner as any Rating Agency Confirmation may be considered satisfied
with respect to the Certificates pursuant to Section 3.25);

(ix)              
to modify the procedures of this Agreement relating to compliance with Rule 17g-5 of the Exchange Act; provided
that such amendment shall not adversely affect in any material respects the interests of any Certificateholders (including, for the avoidance
of doubt, any Holders of the RR Interest), as evidenced by (x) an Opinion of Counsel or (y) if any Certificate is then rated,
receipt of Rating Agency Confirmation from each Rating Agency rating such Certificates; and provided, further, that the
Certificate Administrator shall give notice of any such amendment to the 17g-5 Information Provider for posting to the 17g-5 Information
Provider’s Website pursuant to Section 3.13(c) and the Certificate Administrator shall post such notice to the Certificate
Administrator’s Website;

(x)              
to modify, eliminate or add to any of its provisions to such extent as will be necessary to comply with the requirements for use
of Form SF-3 in registered offerings to the extent provided in C.F.R. 239.45(b)(1)(ii), (iii) or (iv); or

    	 	-487-	 

     

    

(xi)              
 to modify, eliminate or add to any of its provisions in the event the Risk Retention Rules or any other regulations applicable
to the foreign or domestic risk retention requirements for this securitization transaction are amended or repealed in whole or in part,
to the extent required to comply with any such amendment or, to the extent applicable, to modify or eliminate the affected provision(s)
related to the risk retention requirements in the event of such repeal.

Notwithstanding the foregoing, no such amendment
(A) may change in any manner any defined term used in any Mortgage Loan Purchase Agreement or the obligations or rights of any Mortgage
Loan Seller under any Mortgage Loan Purchase Agreement or otherwise or change any rights of any Mortgage Loan Seller as a third party
beneficiary hereunder, without the consent of such Mortgage Loan Seller or (B) may materially and adversely affect the holder of
a Companion Loan without such Companion Holder’s consent.

(b)              
This Agreement may also be amended from time to time by the parties hereto with the consent of the Holders of Certificates of each
Class affected by such amendment evidencing in the aggregate not less than a majority of the aggregate Percentage Interests constituting
the Class for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Agreement
or of modifying in any manner the rights of the Holders of Certificates of such Class; provided, however, that no such amendment
shall:

(i)                
reduce in any manner the amount of, or delay the timing of, payments received on the Mortgage Loans that are required to be distributed
on a Certificate of any Class without the consent of the Holder of the Certificate or which are required to be distributed to a Companion
Holder without the consent of such Companion Holder; or

(ii)              
reduce the aforesaid percentage of Certificates of any Class the Holders of which are required to consent to any such amendment
or remove the requirement to obtain consent of any Companion Holder, in any such case without the consent of the Holders of all Certificates
of such Class then-outstanding or such Companion Holders, as applicable; or

(iii)             
adversely affect the Voting Rights of any Class of Certificates without the consent of the Holders of all Certificates of such
Class then outstanding; or

(iv)            
change in any manner any defined term used in any Mortgage Loan Purchase Agreement or the obligations or rights of any Mortgage
Loan Seller under such Mortgage Loan Purchase Agreement or otherwise or change any rights of any Mortgage Loan Seller as a third party
beneficiary hereunder, without the consent of such Mortgage Loan Seller; or

(v)              
amend the Servicing Standard without the consent of 100% of the Certificateholders or receipt of Rating Agency Confirmation from
each Rating Agency and confirmation of the applicable rating agencies that such action will not result in the downgrade, withdrawal or
qualification of its then-current ratings of any Serviced Companion Loan Securities, if any (provided that such rating agency confirmation
may be considered satisfied in the same manner as any Rating Agency Confirmation may be

    	 	-488-	 

     

    

considered satisfied with respect to
the Certificates pursuant to Section 3.25) and, if required under the related Intercreditor Agreement, the consent of the
holder of any AB Subordinate Companion Loan for each Serviced AB Whole Loan.

(c)             
Notwithstanding the foregoing, none of the Operating Advisor, the Asset Representations Reviewer, the Trustee, the Certificate
Administrator, the Depositor, any Master Servicer or any Special Servicer shall consent to any amendment hereto without having first received
an Opinion of Counsel (at the Trust’s expense) to the effect that such amendment is permitted hereunder and that such amendment
or the exercise of any power granted to the applicable Master Servicer, the applicable Special Servicer, the Depositor, the Trustee, the
Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer or any other specified person in accordance with
such amendment will not result in the imposition of a tax on any portion of the Trust Fund or any Trust REMIC, or cause any Trust REMIC
to fail to qualify as a REMIC or cause the Grantor Trust to fail to qualify as a grantor trust under the relevant provisions of the Code.
Furthermore, no amendment to this Agreement may be made that changes any provision specifically required to be included in this Agreement
by an Intercreditor Agreement related to a Companion Loan without, in each case, the consent of the holder of the related Companion Loan(s).

(d)              
No later than the effective date of any amendment to this Agreement, the Certificate Administrator shall post a copy of the same
to the Certificate Administrator’s Website, deliver a copy of the same to the 17g-5 Information Provider who shall post a copy
of the same on the 17g-5 Information Provider’s Website pursuant to Section 3.13(b) and Section 3.13(c),
as applicable, and thereafter, the Certificate Administrator shall furnish written notification of the substance of such amendment together
with a copy of such amendment in electronic format to each Certificateholder and each Serviced Companion Noteholder, the Depositor, each
Other Depositor, each Other Certificate Administrator, each applicable Master Servicer, each applicable Special Servicer, the Underwriters
and the Rating Agencies.

(e)              
It shall not be necessary for the consent of Certificateholders under this Section 13.01 to approve the particular
form of any proposed amendment, but it shall be sufficient if such consent shall approve the substance thereof. The manner of obtaining
such consents and of evidencing the authorization of the execution thereof by Certificateholders shall be subject to such reasonable regulations
as the Certificate Administrator may prescribe.

(f)               
The Trustee and the Certificate Administrator shall not be obligated to enter into any amendment pursuant to this Section 13.01
that affects its rights, duties and immunities under this Agreement or otherwise.

(g)              
The cost of any Opinion of Counsel to be delivered pursuant to Section 13.01(a) or Section 13.01(c) and
the cost of any amendment entered into hereunder shall be borne by the Person seeking the related amendment, except that if any Master
Servicer, the Certificate Administrator or the Trustee requests any amendment of this Agreement in furtherance of the rights and interests
of Certificateholders, the cost of any Opinion of Counsel required in connection therewith pursuant to Section 13.01(a) or
Section 13.01(c) shall be payable out of each applicable Collection Account.

    	 	-489-	 

     

    

(h)              
 The Servicing Standard shall not be amended unless each Rating Agency provides Rating Agency Confirmation and, with respect to
any class of Serviced Companion Loan Securities, the applicable rating agencies provide a confirmation that such action will not result
in the downgrade, withdrawal or qualification of its then-current ratings, if any (provided that such rating agency confirmation
may be considered satisfied in the same manner as any Rating Agency Confirmation may be considered satisfied with respect to the Certificates
pursuant to Section 3.25).

(i)                
To the extent the Operating Advisor, the Trustee, the Certificate Administrator, the applicable Master Servicer, the applicable
Special Servicer, the Asset Representations Reviewer or Depositor obtains an Opinion of Counsel as provided for in Section 13.01(c)
in connection with executing any amendment to this Agreement, such party shall be deemed not to have acted negligently in connection with
entering into such amendment for purposes of availing itself of any indemnity provided to such party under this Agreement.

(j)                
Notwithstanding any other provision of this Agreement, for purposes of the giving or withholding of consents pursuant to this Section 13.01,
Certificates registered in the name of the Depositor or any Affiliate of the Depositor shall be entitled to the same Voting Rights with
respect to matters described above as they would if any other Person held such Certificates, so long as neither the Depositor nor any
of its Affiliates is performing servicing duties with respect to any of the Mortgage Loans.

(k)              
This Agreement may not be amended without the consent of any holder of a Companion Loan if such amendment would materially and
adversely affect the rights of such Companion Holder hereunder.

(l)               
In addition, if one but not all of the Mortgage Notes evidencing a Joint Mortgage Loan is repurchased by the applicable Mortgage
Loan Sellers, this Agreement may be amended by the parties hereto (at the expense of the party requesting such amendment (or, if the applicable
Master Servicer or applicable Special Servicer is requesting such amendment in connection with the fulfillment of its duties under this
Agreement, at the expense of the Trust)), without the consent of any Certificateholder, to add or modify provisions relating to the applicable
Repurchased Note for purposes of the servicing and administration of such Repurchased Note provided that the amendment shall not adversely
affect in any material respect the interests of the Certificateholders, as evidenced by a Rating Agency Confirmation from each Rating
Agency (obtained at the expense of the Repurchasing Mortgage Loan Seller) with respect to such amendment (or, if no such Rating Agency
Confirmation is actually received, by an Opinion of Counsel to such effect). Prior to the effectiveness of such amendment, if one but
not all of the Mortgage Notes with respect to a Joint Mortgage Loan is repurchased, the terms of Section 3.30 shall govern
the servicing and administration of such Joint Mortgage Loan.

Section 13.02   
Recordation of Agreement; Counterparts. (a) To the extent permitted
by applicable law, this Agreement is subject to recordation in all appropriate public offices for real property records in all the counties
or other comparable jurisdictions in which any or all of the properties subject to the Mortgages are situated, and in any other appropriate
public recording office or elsewhere, such recordation to be effected by the Certificate Administrator at the expense of the Depositor
on direction by the applicable Special Servicer and with the consent of the Depositor (which may not be unreasonably withheld), but only
upon direction accompanied

    	 	-490-	 

     

    

by an Opinion of Counsel (the cost of which
shall be paid by the Depositor) to the effect that such recordation materially and beneficially affects the interests of the Certificateholders.

(b)              
For the purpose of facilitating the recordation of this Agreement as herein provided and for other purposes, this Agreement may
be executed in two or more counterparts, each of which when so executed and delivered shall be an original, but all of which together
shall constitute one and the same instrument, and the words “executed,” “signed,” “signature” and
words of like import as used above and elsewhere in this Agreement or in any other certificate, agreement or document related to this
transaction shall include, in addition to manually executed signatures, images of manually executed signatures transmitted by facsimile
or other electronic format (including, without limitation, “pdf”) and other electronic signatures (including, without limitation,
any electronic sound, symbol, or process, attached to or logically associated with a contract or other record and executed or adopted
by a person with the intent to sign the record). The use of electronic signatures and electronic records (including, without limitation,
any contract or other record created, generated, sent, communicated, received, or stored by electronic means) shall be of the same legal
effect, validity and enforceability as a manually executed signature or use of a paper-based record-keeping system to the fullest extent
permitted by applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic
Signatures and Records Act and any other applicable law, including, without limitation, any state law based on the Uniform Electronic
Transactions Act or the Uniform Commercial Code.

(c)              
The Trustee shall make any filings required under the laws of the state of its place of business required solely by virtue of the
fact of the location of the Trustee’s place of business, the costs of which, if any, to be at the Trustee’s expense.

Section 13.03   
Limitation on Rights of Certificateholders. (a) The death or
incapacity of any Certificateholder shall not operate to terminate this Agreement or the Trust, nor entitle such Certificateholder’s
legal representatives or heirs to claim an accounting or to take any action or proceeding in any court for a partition or winding up
of the Trust, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

(b)              
No Certificateholder shall have any right to vote (except as expressly provided for herein) or in any manner otherwise control
the operation and management of the Trust, or the obligations of the parties hereto, nor shall anything herein set forth, or contained
in the terms of the Certificates, be construed so as to constitute the Certificateholders from time to time as partners or members of
an association; nor shall any Certificateholder be under any liability to any third party by reason of any action taken by the parties
to this Agreement pursuant to any provision hereof.

(c)              
No Certificateholder shall have any right by virtue of any provision of this Agreement to institute any suit, action or proceeding
in equity or at law upon or under or with respect to this Agreement, any Intercreditor Agreement, any Mortgage Loan, or with respect to
the Certificates, unless, with respect to any suit, action or proceeding upon or under or with respect to this Agreement, such Holder
previously shall have given to the Trustee and the Certificate Administrator a written notice of default, and of the continuance thereof,
as herein before provided, or of the need to institute such suit, action or proceeding on behalf of the Trust and unless also

    	 	-491-	 

     

    

(except in the case of a default by the Trustee)
the Holders of Certificates of any Class evidencing not less than 25% of the related Percentage Interests in such Class shall have made
written request upon the Trustee to institute such action, suit or proceeding in its own name as Trustee hereunder and shall have offered
to the Trustee such indemnity reasonably satisfactory to it as it may require against the costs, expenses and liabilities to be incurred
therein or thereby, and the Trustee, for sixty (60) days after its receipt of such notice, request and offer of such indemnity, shall
have neglected or refused to institute any such action, suit or proceeding. The Trustee shall be under no obligation to exercise any of
the trusts or powers vested in it hereunder or to institute, conduct or defend any litigation hereunder or in relation hereto at the request,
order or direction of any of the Holders of Certificates unless such Holders have offered to the Trustee indemnity reasonably satisfactory
to it against the costs, expenses and liabilities which may be incurred therein or hereby. It is understood and intended, and expressly
covenanted by each Certificateholder with every other Certificateholder and the Trustee, that no one or more Holders of Certificates shall
have any right in any manner whatsoever by virtue of any provision of this Agreement or the Certificates to affect, disturb or prejudice
the rights of the Holders of any other of such Certificates, or to obtain or seek to obtain priority over or preference to any other such
Holder, which priority or preference is not otherwise provided for herein, or to enforce any right under this Agreement or the Certificates,
except in the manner herein or therein provided and for the equal, ratable and common benefit of all Certificateholders. For the protection
and enforcement of the provisions of this Section 13.03(c), each and every Certificateholder and the Trustee shall be entitled
to such relief as can be given either at law or in equity.

Section 13.04   
Governing Law; Submission to Jurisdiction; Waiver of Jury Trial. THIS AGREEMENT AND ANY CLAIM, CONTROVERSY OR DISPUTE
ARISING UNDER OR RELATED TO THIS AGREEMENT, THE RELATIONSHIP OF THE PARTIES TO THIS AGREEMENT, AND/OR THE INTERPRETATION AND ENFORCEMENT
OF THE RIGHTS AND DUTIES OF THE PARTIES TO THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS AND
DECISIONS OF THE STATE OF NEW YORK, WITHOUT REGARD TO THE CHOICE OF LAW RULES THEREOF. THE PARTIES HERETO INTEND THAT THE PROVISIONS OF
SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW SHALL APPLY TO THIS AGREEMENT.

EACH OF THE PARTIES HERETO
IRREVOCABLY (I) SUBMITS TO THE EXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK AND THE FEDERAL COURTS OF THE UNITED
STATES OF AMERICA FOR THE SOUTHERN DISTRICT OF NEW YORK FOR THE PURPOSE OF ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT; (II) WAIVES,
TO THE FULLEST EXTENT PERMITTED BY LAW, THE DEFENSE OF AN INCONVENIENT FORUM IN ANY ACTION OR PROCEEDING IN ANY SUCH COURT; (III) AGREES
THAT A FINAL JUDGMENT IN ANY ACTION OR PROCEEDING IN ANY SUCH COURT SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN ANY OTHER JURISDICTION
BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW; AND (IV) CONSENTS TO SERVICE OF PROCESS UPON IT BY MAILING A COPY
THEREOF BY CERTIFIED MAIL ADDRESSED TO IT AS PROVIDED FOR NOTICES HEREUNDER.

    	 	-492-	 

     

    

THE PARTIES HERETO HEREBY
WAIVE, TO THE FULLEST EXTENT PERMITTED BY LAW, THE RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM, WHETHER IN CONTRACT,
TORT OR OTHERWISE, RELATING DIRECTLY OR INDIRECTLY TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY.

Section 13.05   
Notices. (a) Any communications provided for or permitted hereunder
shall be in writing and, unless otherwise expressly provided herein, shall be deemed to have been duly given if personally delivered at
or couriered, sent by facsimile transmission (other than with respect to the Mortgage Loan Sellers) or mailed by registered mail, postage
prepaid (except for notices to the Mortgage Loan Sellers, each applicable Master Servicer the Certificate Administrator and the Trustee
which shall be deemed to have been duly given only when received), to:

In the case of the Depositor:

Morgan Stanley Capital I Inc.

1585 Broadway

New York, New York 10036

Attention: Jane Lam

with copies to:

Morgan Stanley Capital I Inc.

1633 Broadway, 29th Floor

New York, New York 10019

Attention: Legal Compliance Division

and

cmbs_notices@morganstanley.com

In the case of the General Master Servicer:

Wells Fargo Bank, National Association

Commercial Mortgage Servicing

MAC D1086-23A

550 South Tryon Street, 23rd Floor

Charlotte, North Carolina 28202

Attention: BANK 2022-BNK41 Asset Manager

Facsimile number: (704) 715-0036

Email: commercial.servicing@wellsfargo.com

 

    	 	-493-	 

     

    

with a copy to:

 

K&L Gates LLP

300 South Tryon Street

Suite 1000

Charlotte, North Carolina 28202

Attention: Stacy G. Ackermann

Reference: BANK 2022-BNK41

In the case of the NCB Master Servicer:

 

National Cooperative Bank, N.A.

2011 Crystal Drive, Suite 800

Arlington, Virginia 22202

Attention: Kathleen Luzik, Chief Operating
Officer

Facsimile number: (703) 647-3473

Email: kluzik@ncb.coop

with a copy to:

 

National Cooperative Bank, N.A.

2011 Crystal Drive, Suite 800

Arlington, Virginia 22202

Attention: Karyn Mann, Senior Vice President

Facsimile number: (703) 647-3479

Email: kmann@ncb.coop

 

In the case of the General Special Servicer:

Rialto Capital Advisors, LLC

200 S. Biscayne Blvd, Suite 3550

Miami, Florida 33131

Attention: Liat Heller

Facsimile number: (305) 229-6425

E-mail: liat.heller@rialtocapital.com

 

with a copy to:

 

Jeff Krasnoff

Facsimile number: (305) 229-6425

E-mail: jeff.krasnoff@rialtocapital.com;

 

and with a copy to:

 

Niral Shah

Facsimile number: (305) 229-6425

Email: niral.shah@rialtocapital.com;

    	 	-494-	 

     

    

 

and with a copy to:

 

Adam Singer

Facsimile number: (305) 229-6425

Email: adam.singer@rialtocapital.com

In the case of the NCB Special
Servicer:

 

National Cooperative Bank,
N.A.

2011 Crystal Drive, Suite
800

Arlington, Virginia 22202

Attention: Kathleen Luzik,
Chief Operating Officer

Facsimile number: (703)
647-3473

Email: kluzik@ncb.coop

with a copy to:

 

National Cooperative Bank,
N.A.

2011 Crystal Drive, Suite
800

Arlington, Virginia 22202

Attention: Karyn Mann,
Senior Vice President

Facsimile number: (703)
647-3479

Email: kmann@ncb.coop

In the case of the Directing
Certificateholder

RREF IV Debt AIV, LP

c/o Rialto Capital Management LLC

600 Madison Avenue, 12th Floor

New York, New York 10022

Attention: Josh Cromer

Fax number: (212) 751-4646

with a copy to:

RREF IV Debt AIV, LP

c/o Rialto Capital Management LLC

600 Madison Avenue, 12th Floor

New York, New York 10022

Attention: Joseph Bachkosky

Fax number: (212) 751-4646

In the case of the Risk Retention Consultation
Party:

    	 	-495-	 

     

    

Morgan Stanley Mortgage Capital Holdings
LLC

1585 Broadway

New York, New York 10036

Attention: Jane Lam

with copies to:

Morgan Stanley Mortgage Capital Holdings
LLC

1633 Broadway, 29th Floor

New York, New York 10019

Attention: Legal Compliance Division

and

cmbs_notices@morganstanley.com

In the case of the Trustee:

Wilmington Trust, National
Association

1100 North Market Street

Wilmington, Delaware 19890

Attention: CMBS Trustee BANK 2022-BNK41

with a copy to:

CMBSTrustee@wilmingtontrust.com

Facsimile No.: (302) 636-4140

In the case of the Certificate Administrator:

Computershare Trust Company, National Association

9062 Old Annapolis Road

Columbia, Maryland 21045

Attention: Corporate
Trust Services (CMBS) – BANK 2022-BNK41

with a copy to:

cts.cmbs.bond.admin@wellsfargo.com

trustadministrationgroup@wellsfargo.com

In the case of the Custodian:

Computershare Trust Company, National Association

1055 10th Avenue SE

Minneapolis, Minnesota
55414

Attention: Document Custody Group BANK 2022-BNK41

    	 	-496-	 

     

    

with a copy to:

cmbscustody@wellsfargo.com

in the case of a surrender, transfer
or exchange other than with respect to the RR Interest:

Computershare Trust Company, National Association

600 South 4th Street

7th Floor

Minneapolis, Minnesota 55415

Attention: CTS – Certificate Transfer
Services – BANK 2022-BNK41

In the case of the release or transfer
of the RR Interest:

Computershare Trust Company, National Association

9062 Old Annapolis Road

7th Floor

Columbia, Maryland 21045

Attention: Risk Retention Custody – BANK 2022-BNK41

with a copy to:

riskretentioncustody@wellsfargo.com 

in the case of a surrender, transfer or
exchange other than with respect to the RR Interest:

Computershare Trust Company, National Association

600 South 4th Street

7th Floor

Minneapolis, Minnesota 55415

Attention: Certificate Transfer Services – BANK 2022-BNK41

In the case of the Mortgage Loan Sellers:

		1.	Wells Fargo Bank, National Association

301 South College St.

Charlotte, North Carolina 28288

Attention: BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41

with a copy to:

Troy Stoddard, Senior Counsel

Wells Fargo Legal Department, D1086-341

550 S. Tryon St., 34th Floor

Charlotte, North Carolina 28202

    	 	-497-	 

     

    

and a copy to:

Herschel Patel

Wells Fargo Bank, National Association

10 S. Wacker Dr., 32nd Floor

Chicago, IL 60606

and a copy via email to:

cmbsnotices@wellsfargo.com and herschel.patel@wellsfargo.com

		2.	Morgan Stanley Mortgage Capital Holdings LLC

1585 Broadway

New York, New York 10036

Attention: Jane Lam

with copies to:

Morgan Stanley Mortgage Capital Holdings
LLC

1633 Broadway, 29th Floor

New York, New York 10019

Attention: Legal Compliance Division

and

cmbs_notices@morganstanley.com

		3.	Bank of America, National Association

One Bryant Park,

Mail Code: NY1-100-11-07

New York, New York 10036

Attention: Director of CMBS Securitization

Email: leland.f.bunch@bofa.com

with copies to:

Bank of America Legal Department

150 North College Street

Mail Code: NC1-028-28-03

Charlotte, North Carolina 28255

Attention: Paul Kurzeja

Associate General Counsel

Email: paul.kurzeja@bofa.com and cmbsnotices@bofa.com

and

    	 	-498-	 

     

    

Katten Muchin Rosenman LLP

550 South Tryon Street, Suite 2900

Charlotte, North Carolina 28202

Attention: Joshua J. Yablonski, Esq.

Facsimile: (704) 444-2050

Email: joshua.yablonski@katten.com

		4.	National Cooperative Bank, N.A.

2011 Crystal Drive, Suite 800

Arlington, Virginia 22202

Attention: Kathleen Luzik, Chief Operating
Officer

Facsimile number (703) 647-3473

Email: kluzik@ncb.coop

with a copy to:

National Cooperative Bank, N.A.

2011 Crystal Drive, Suite 800

Arlington, Virginia 22202

Attention: Karyn Mann, Senior Vice President

Facsimile number: (703) 647-3479

Email: kmann@ncb.coop

In the case of the Operating Advisor
and the Asset Representations Reviewer:

 

Pentalpha Surveillance LLC

375 N. French Road, Suite
100

Amherst, New York, 14228

Attention: BANK 2022-BNK41
Transaction Manager

 

With a copy sent via email
to:

 

notices@pentalphasurveillance.com
with BANK 2022-BNK41 in the subject line

In the case of any mezzanine lender or
Companion Loan Holder:

The address set forth in the related Intercreditor
Agreement.

To each such Person, such other address as
may hereafter be furnished by such Person to the parties hereto in writing. Any communication required or permitted to be delivered to
a Certificateholder shall be deemed to have been duly given when mailed first class, postage prepaid, to the address of such Holder as
shown in the Certificate Register. Any notice so mailed within the time prescribed in this Agreement shall be conclusively presumed to
have been duly given, whether or not the Certificateholder receives such notice.

(b)              
Any party required to deliver any notice or information pursuant to the terms of this Agreement to the Rating Agencies shall deliver
such written notice of the events or

    	 	-499-	 

     

    

information specified in Section 3.13(c)
to the Rating Agencies at the address listed below, promptly following the occurrence thereof. The applicable Master Servicer or the applicable
Special Servicer, as the case may be, the Certificate Administrator, and Trustee also shall furnish such other information regarding the
Trust as may be reasonably requested by the Rating Agencies to the extent such party has or can obtain such information without unreasonable
effort or expense; provided, however, that such other information is first provided to the 17g-5 Information Provider
in accordance with the procedures set forth in Section 3.13(c); provided, further, that the 17g-5 Information
Provider shall not disclose which Rating Agency has requested such information. Notwithstanding the foregoing, the failure to deliver
such notices or copies shall not constitute a Servicer Termination Event, as the case may be, under this Agreement. Any confirmation of
the rating by the Rating Agencies required hereunder shall be in writing.

Any notices to the Rating Agencies shall
be sent to the following addresses:

DBRS, Inc.

22 West Washington Street

Chicago, Illinois 60602

Attention: Commercial Mortgage Surveillance

Facsimile No.: (312) 332-3492

Email: cmbs.surveillance@dbrs.com

Fitch Ratings, Inc.

300 West 57th Street

New York, New York 10019

Attention: Commercial Mortgage Surveillance Group

E-mail: info.cmbs@fitchratings.com

S&P Global Ratings

55 Water Street, 41st Floor

New York, New York 10041

Attention: Commercial Mortgage Surveillance
Manager

E-mail: CMBS_Info_17g5@spglobal.com

Section 13.06   
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 or of the Certificates or the rights of the Holders thereof.

Section 13.07   
Grant of a Security Interest. The Depositor intends that the conveyance of the Conveyed Property shall constitute a sale
and not a pledge of security for a loan. If such conveyance is deemed to be a pledge of security for a loan, however, the Depositor intends
that the rights and obligations of the parties to such loan shall be established pursuant to the terms of this Agreement. The Depositor
also intends and agrees that, in such event, (i) the Depositor shall be deemed to have granted to the Trustee (in such capacity)
a first priority security interest in the Depositor’s entire right, title and interest in, to and under the Conveyed Property and
all

    	 	-500-	 

     

    

proceeds thereof, in each case, whether now
owned or existing or hereafter acquired or arising, and (ii) this Agreement shall constitute a security agreement under applicable
law. The Depositor shall file or cause to be filed, as a precautionary filing, a UCC Financing Statement in all appropriate locations
in the State of Delaware promptly following the initial issuance of the Certificates, and the Certificate Administrator shall, at the
expense of the Depositor (to the extent reasonable), prepare and file continuation statements with respect thereto, in each case in the
six-month period prior to every fifth anniversary of the date of the initial UCC Financing Statement. The Depositor shall cooperate in
a reasonable manner with the Certificate Administrator in the preparation and filing of such continuation statement. This Section 13.07
shall constitute notice to the Certificate Administrator and the Trustee pursuant to any of the requirements of the applicable UCC.

Section 13.08   
Successors and Assigns; Third Party Beneficiaries. (a) The provisions
of this Agreement shall be binding upon and inure to the benefit of the respective successors and assigns of the parties hereto, and all
such provisions shall inure to the benefit of the Certificateholders. Each Mortgage Loan Seller (and its respective agents), each Companion
Holder (and its respective agents), each Underwriter, each depositor of a Regulation AB Companion Loan Securitization, each Other Exchange
Act Reporting Party (with respect to its rights under Article XI of this Agreement) and each Initial Purchaser is an intended
third-party beneficiary to this Agreement in respect of the respective rights afforded it hereunder. No other person, including, without
limitation, any Mortgagor, shall be entitled to any benefit or equitable right, remedy or claim under this Agreement. If one, but not
all, of the Mortgage Notes evidencing any Joint Mortgage Loan is repurchased, the applicable Repurchasing Mortgage Loan Seller shall be
a third-party beneficiary of this Agreement to the same extent as if it were a holder of a Serviced Pari Passu Companion Loan, as contemplated
by Section 3.30 hereof.

(b)             
Each Serviced Companion Noteholder shall be a third-party beneficiary to this Agreement in respect to the rights afforded it hereunder.
Each of the Other Servicers and the Other Trustees shall be a third-party beneficiary to this Agreement in respect to all provisions herein
expressly relating to compensation, reimbursement or indemnification of such Other Servicer and Other Trustee, and any provisions regarding
reimbursement or advances or interest thereon to such Other Servicer or Other Trustee.

(c)               
Each of the applicable Non-Serviced Trustee, Non-Serviced Master Servicer, Non-Serviced Special Servicer, Non-Serviced
Depositor, Non-Serviced Certificate Administrator and any Non-Serviced Trust holding a related Non-Serviced Companion Loan, shall
be a third-party beneficiary to this Agreement in respect to its rights as specifically provided for herein and under the applicable Non-Serviced
Intercreditor Agreement.

(d)                          Subject to Section 2.03(k), Section 2.03(l)(iv) and Section 2.03(l)(v), any Requesting Certificateholder
shall be an express third-party beneficiary to this Agreement for purposes of exercising rights under Section 2.03(k) through
Section 2.03(o).

Section 13.09   
Article and Section Headings. The article and section headings herein are for convenience of reference only, and shall not
limit or otherwise affect the meaning hereof.

    	 	-501-	 

     

    

Section 13.10   
Notices to the Rating Agencies. (a) The Certificate Administrator shall use reasonable efforts promptly to provide
notice to the 17g-5 Information Provider for posting on the 17g-5 Information Provider’s Website pursuant to Section 3.13(c),
(and the related 17g-5 information provider for any class of Serviced Companion Loan Securities to the extent applicable to any Serviced
Whole Loan) with respect to each of the following of which it has actual knowledge:

(i)                 
any material change or amendment to this Agreement;

(ii)               
the occurrence of a Servicer Termination Event that has not been cured;

(iii)            
the resignation or termination of the Certificate Administrator, any Master Servicer, the Asset Representations Reviewer or any
Special Servicer; and

(iv)             
the repurchase or substitution of Mortgage Loans by the related Mortgage Loan Seller pursuant to Section 5 of the related
Mortgage Loan Purchase Agreement.

(b)              
Each applicable Master Servicer shall use reasonable efforts to promptly provide notice to the 17g-5 Information Provider for
posting on the 17g-5 Information Provider’s Website pursuant to Section 3.13(c), with respect to each of the following
of which it has actual knowledge:

(i)                 
the resignation or removal of the Trustee or the Certificate Administrator;

(ii)                
any change in the location of each applicable Collection Account;

(iii)             
any event that would result in the voluntary or involuntary termination of any insurance of the accounts of the Trustee;

(iv)           
any change in the lien priority of any Mortgage Loan with respect to an assumption of the Mortgage Loan or additional encumbrance
described in Section 3.08;

(v)              
any additional lease to an anchor tenant or termination of any existing lease to an anchor tenant at retail properties for any
Mortgage Loan with a Stated Principal Balance that is equal to or greater than the lesser of (1) an amount greater than 5% of the
then-aggregate outstanding principal balances of the Mortgage Loans and (2) $35,000,000;

(vi)             
any material damage to any Mortgaged Property;

(vii)           
any assumption with respect to a Mortgage Loan; and

(viii)          
any release or substitution of any Mortgaged Property.

(c)              
The Certificate Administrator shall promptly furnish notice to the 17g-5 Information Provider for posting on the 17g-5
Information Provider’s Website pursuant to Section 3.13(c), and thereafter to the Rating Agencies of (i) any change
in the location of the Distribution Accounts and (ii) the final payment to any Class of Certificateholders.

    	 	-502-	 

     

    

(d)            
 The Trustee, the Certificate Administrator, any Master Servicer and any Special Servicer, as applicable, shall furnish to the
17g-5 Information Provider for posting on the 17g-5 Information Provider’s Website pursuant to Section 3.13(c),
and thereafter to each Rating Agency (and any rating agency for any class of Serviced Companion Loan Securities to the extent applicable
to any Serviced Whole Loan) with respect to each Serviced Mortgage Loan such information as any Rating Agency shall reasonably request
and which the Trustee, the Certificate Administrator, the applicable Master Servicer or the applicable Special Servicer, can reasonably
provide in accordance with applicable law and without waiving any attorney-client privilege relating to such information or violating
the terms of this Agreement or any Mortgage Loan documents. The Trustee, the Certificate Administrator, any Master Servicer and any Special
Servicer, as applicable, may include any reasonable disclaimer it deems appropriate with respect to such information. Notwithstanding
anything to the contrary herein, nothing in this Section 13.10 shall require a party to provide duplicative notices or copies
to the Rating Agencies with respect to any of the above listed items. In connection with the delivery by any Master Servicer or any Special
Servicer to the 17g-5 Information Provider of any information, report, notice or document for posting to the 17g-5 Information Provider’s
Website, the 17g-5 Information Provider shall notify such Master Servicer or such Special Servicer when such information, report, notice
or document has been posted. The applicable Master Servicer or the applicable Special Servicer, as the case may be, may, but shall not
be obligated to, send such information, report, notice or document to the applicable Rating Agency so long as such information, report,
notice or document (i) was previously provided to the 17g-5 Information Provider or (ii) is simultaneously provided, by 2:00 p.m. (New
York City time) on any Business Day, to the 17g-5 Information Provider.

Section 13.11   
Cooperation with the Mortgage Loan Sellers with Respect to Rights Under the Mortgage Loan Agreements. It is expressly agreed
and understood that, notwithstanding the assignment of the Mortgage Loan documents, it is expressly intended that the Mortgage Loan Sellers
are entitled to the benefit of any securitization indemnification provisions that specifically run to the benefit of the lenders in the
Mortgage Loan documents. Therefore, the Depositor, Master Servicer, Special Servicer and Trustee hereby agree to reasonably cooperate
with any Mortgage Loan Seller, at the sole expense of such Mortgage Loan Seller, with respect to obtaining the benefits of the provisions
of any section of a loan agreement or securitization cooperation agreement providing for indemnification of the lender and/or its loan
seller affiliates with respect to the current securitization of the related Mortgage Loan, including, without limitation, executing any
documents as are reasonably necessary to permit the related Mortgage Loan Seller to enforce such provisions for its benefit; provided,
that none of the Depositor, Master Servicer, Special Servicer or Trustee shall be required to take any action that is inconsistent with
the Servicing Standard, would violate applicable law, the terms and provisions of this Agreement or the Mortgage Loan documents, would
adversely affect any Certificateholder, would cause either Trust REMIC to fail to qualify as a REMIC or the Grantor Trust to fail to qualify
as a grantor trust for federal income tax purposes, or would result in the imposition of a “prohibited transaction” or “prohibited
contribution” tax under the REMIC Provisions. To the extent that the Trustee is required to execute any document facilitating the
above rights of a Mortgage Loan Seller under this Section 13.11, such document shall be in form and substance reasonably acceptable
to the Trustee.

 

    	 	-503-	 

     

    

[End of Article XIII]

[SIGNATURES COMMENCE ON FOLLOWING PAGE]

    	 	-504-	 

     

    

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

	 	Morgan stanley capital i INC.,
 Depositor
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:

Title:

	 	WELLS FARGO BANK, NATIONAL 

ASSOCIATION,
 General Master Servicer
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:

Title:

	 	NATIONAL COOPERATIVE BANK, N.A.,
 NCB Master Servicer
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:

Title:

	 	RIALTO CAPITAL ADVISORS, LLC,
 General Special Servicer
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:

Title:

 

 

BANK 2022-BNK41 – Pooling
and Servicing Agreement

    	 	 

    

    

	 	NATIONAL COOPERATIVE BANK, N.A.,
 NCB Special Servicer
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:

Title:

	 	COMPUTERSHARE TRUST COMPANY, 

national association, 

not in its
  individual capacity, but solely as 

Certificate Administrator
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:

Title:

	 	Wilmington Trust, national 

association,
 not in its individual capacity, but solely as 

Trustee
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:

Title:

	 	PENTALPHA SURVEILLANCE LLC,
 as Operating Advisor
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:

Title:

BANK
2022-BNK41 – Pooling and Servicing Agreement

    	 	 

    

    

	 	PENTALPHA SURVEILLANCE LLC,

	 	as Asset Representations Reviewer
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:

Title:

BANK
2022-BNK41 – Pooling and Servicing Agreement 

    	 	 

    

    

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

 

On the ___ day of ________,
____, before me, a notary public in and for said State, personally appeared _________ known to me to be a ___________ of Morgan Stanley
Capital I Inc., that executed the within instrument, and also known to me to be the person who executed it on behalf of such entity, and
acknowledged to me that such entity executed the within instrument.

IN WITNESS WHEREOF, I have
hereunto set my hand and affixed my official seal the day and year in this certificate first above written.

       

	 	 	 
	 	 	Notary Public

	 	 	 
		[SEAL]	 
	 	 	 
	My commission expires:	 
	 	 	 
	 	 

 BANK
2022-BNK41 – Pooling and Servicing Agreement

    	 	 

    

    

	STATE OF 	)	 
	 	)	ss.:
	COUNTY OF 	)	 

On the ___ day of ________, ____, before me, a notary public in
and for said State, personally appeared ________ known to me to be a _________ of Wells Fargo Bank, National Association, and also known
to me to be the person who executed it on behalf of such entity, and acknowledged to me that such entity executed the within instrument.

IN WITNESS WHEREOF, I have
hereunto set my hand and affixed my official seal the day and year in this certificate first above written.

 

	 	 	 
	 	 	Notary Public

	 	 	 
		[SEAL]	 
	 	 	 
	My commission expires:	 
	 	 	 
	 	 

 

BANK 2022-BNK41 – Pooling and Servicing Agreement

    	 	 

    

    

	STATE OF 	)	 
	 	)	ss.:
	COUNTY OF 	)	 

On the ___ day of ________,
____, before me, a notary public in and for said State, personally appeared ________ known to me to be a _________ of National Cooperative
Bank, N.A., and also known to me to be the person who executed it on behalf of such entity, and acknowledged to me that such entity executed
the within instrument.

IN WITNESS WHEREOF, I have
hereunto set my hand and affixed my official seal the day and year in this certificate first above written.

	 	 	 
	 	 	Notary Public

	 	 	 
		[SEAL]	 
	 	 	 
	My commission expires:	 
	 	 	 
	 	 

 

 

BANK
2022-BNK41 – Pooling and Servicing Agreement

    	 	 

    

    

	STATE OF 	)	 
	 	)	ss.:
	COUNTY OF	)	 

On the ___ day of ________,
____, before me, a notary public in and for said State, personally appeared ________ known to me to be a _________ of Rialto Capital Advisors,
LLC, that executed the within instrument, and also known to me to be the person who executed it on behalf of such entity, and acknowledged
to me that such entity executed the within instrument.

IN WITNESS WHEREOF, I have
hereunto set my hand and affixed my official seal the day and year in this certificate first above written.

 

	 	 	 
	 	 	Notary Public

	 	 	 
		[SEAL]	 
	 	 	 
	My commission expires:	 
	 	 	 
	 	 

 

BANK 2022-BNK41 – Pooling and Servicing Agreement

    	 	 

    

    

	STATE OF	)	 
	 	)	ss.:
	COUNTY OF 	)	 

On the ___ day of ________,
____, before me, a notary public in and for said State, personally appeared ________ known to me to be a _________ of National Cooperative
Bank, N.A., and also known to me to be the person who executed it on behalf of such entity, and acknowledged to me that such entity executed
the within instrument.

IN WITNESS WHEREOF, I have
hereunto set my hand and affixed my official seal the day and year in this certificate first above written.

	 	 	 
	 	 	Notary Public

	 	 	 
		[SEAL]	 
	 	 	 
	My commission expires:	 
	 	 	 
	 	 

 

 

BANK 2022-BNK41 – Pooling and Servicing Agreement

    	 	 

    

    

	STATE OF	)	 
	 	)	ss.:
	COUNTY OF 	)	 

On the ___ day of ________,
____, before me, a notary public in and for said State, personally appeared ________ known to me to be a _________ of Computershare Trust
Company, National Association, and also known to me to be the person who executed it on behalf of such entity, and acknowledged to me
that such entity executed the within instrument.

IN WITNESS WHEREOF, I have
hereunto set my hand and affixed my official seal the day and year in this certificate first above written.

 

	 	 	 
	 	 	Notary Public

	 	 	 
		[SEAL]	 
	 	 	 
	My commission expires:	 
	 	 	 
	 	 

       

 

 

BANK 2022-BNK41 – Pooling and Servicing Agreement

    	 	 

    

    

	STATE OF	)	 
	 	)	ss.:
	COUNTY OF 	)	 

On the ___ day of ________,
____, before me, a notary public in and for said State, personally appeared ___________ known to me to be a _________ of Wilmington Trust,
National Association, that executed the within instrument, and also known to me to be the person who executed it on behalf of such entity,
and acknowledged to me that such entity executed the within instrument.

IN WITNESS WHEREOF, I have
hereunto set my hand and affixed my official seal the day and year in this certificate first above written.

 

	 	 	 
	 	 	Notary Public

	 	 	 
		[SEAL]	 
	 	 	 
	My commission expires:	 
	 	 	 
	 	 

 

 

 

BANK 2022-BNK41 – Pooling and Servicing Agreement

    	 	 

    

    

 

	STATE OF	)	 
	 	)	ss.:
	COUNTY OF 	)	 

On the ___ day of ________, ____, before me, a notary public
in and for said State, personally appeared ___________ known to me to be a _________ of Pentalpha Surveillance LLC, a limited liability
company, that executed the within instrument, and also known to me to be the person who executed it on behalf of such entity, and acknowledged
to me that such entity executed the within instrument.

IN WITNESS WHEREOF, I have
hereunto set my hand and affixed my official seal the day and year in this certificate first above written.

	 	 	 
	 	 	Notary Public

	 	 	 
		[SEAL]	 
	 	 	 
	My commission expires:	 
	 	 	 
	 	 

 

 

BANK 2022-BNK41 – Pooling and Servicing Agreement

    	 	 

     

    

 

EXHIBIT A-1

[FORM OF] CLASS [__] CERTIFICATE

BANK 2022-BNK41

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES

SERIES 2022-BNK41, CLASS [__]

[FOR CLASSES X-D, X-F, X-G, X-H, D, E, F,
G, AND H OFFERED PURSUANT TO REGULATION S:]1
[THIS CERTIFICATE IS A TEMPORARY REGULATION S BOOK-ENTRY CERTIFICATE FOR PURPOSES OF REGULATION S (“REGULATION S”)
UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”). NEITHER THIS TEMPORARY REGULATION
S BOOK-ENTRY CERTIFICATE NOR ANY INTEREST HEREIN MAY BE OFFERED, SOLD OR DELIVERED, EXCEPT AS PERMITTED UNDER THE POOLING AND SERVICING
AGREEMENT REFERRED TO BELOW.

NO BENEFICIAL OWNERS OF THIS TEMPORARY REGULATION
S BOOK-ENTRY CERTIFICATE SHALL BE ENTITLED TO RECEIVE PAYMENTS OF PRINCIPAL OR INTEREST HEREON UNLESS THE REQUIRED CERTIFICATIONS HAVE
BEEN DELIVERED PURSUANT TO THE TERMS OF THE POOLING AND SERVICING AGREEMENT.]

[FOR BOOK-ENTRY CERTIFICATES:]2
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE CERTIFICATE REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME
OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE &
CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE
OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

TRANSFERS OF THIS BOOK-ENTRY CERTIFICATE
SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE,
AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS BOOK-ENTRY CERTIFICATE SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS

 

	1	Temporary
  Regulation S Book-Entry Certificate legend.

	2	Legend required as long as DTC is the Depository under the
Pooling and Servicing Agreement.

    	 	A-1-1	 

     

    

SET FORTH IN THE POOLING AND SERVICING
AGREEMENT REFERRED TO BELOW.]

THIS CERTIFICATE DOES NOT REPRESENT AN
INTEREST IN OR OBLIGATION OF THE DEPOSITOR, THE BORROWERS, THE SPONSORS, ANY MASTER SERVICER, ANY SPECIAL SERVICER, THE TRUSTEE, THE
CERTIFICATE ADMINISTRATOR, THE OPERATING ADVISOR, THE ASSET REPRESENTATIONS REVIEWER, THE RISK RETENTION CONSULTATION PARTY, THE UNDERWRITERS,
THE INITIAL PURCHASERS, THE MORTGAGE LOAN SELLERS OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THIS CERTIFICATE NOR THE UNDERLYING
MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

[FOR CLASSES A-1, A-SB, A-3, A-3-1, A-3-2,
A-4, A-4-1, A-4-2, A-S, A-S-1, A-S-2, B, B-1, B-2, C, C-1, C-2, D, E, F, G AND H:] [PRINCIPAL PAYMENTS IN RESPECT OF THIS CERTIFICATE
ARE DISTRIBUTABLE AS SET FORTH IN THE POOLING AND SERVICING AGREEMENT. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE
AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

THE PORTION OF THE CERTIFICATE BALANCE OF
THE CERTIFICATES EVIDENCED BY THIS CERTIFICATE WILL BE DECREASED BY THE PORTION OF PRINCIPAL DISTRIBUTIONS ON THE CERTIFICATES AND THE
PORTION OF REALIZED LOSSES ALLOCABLE TO THIS CERTIFICATE AND WILL BE INCREASED BY RECOVERIES ON THE RELATED MORTGAGE LOANS FOR NONRECOVERABLE
ADVANCES (PLUS INTEREST THEREON) THAT WERE PREVIOUSLY REIMBURSED FROM PRINCIPAL COLLECTIONS ON THE MORTGAGE LOANS THAT RESULTED IN A REDUCTION
OF THE PRINCIPAL DISTRIBUTION AMOUNT. ACCORDINGLY, THE CERTIFICATE BALANCE OF THIS CERTIFICATE MAY BE LESS THAN THAT SET FORTH BELOW.
ANYONE ACQUIRING THIS CERTIFICATE MAY ASCERTAIN ITS CURRENT CERTIFICATE BALANCE BY INQUIRY OF THE CERTIFICATE ADMINISTRATOR.]

[FOR CLASS X CERTIFICATES AND CLASSES A-3-X1,
A-3-X2, A-4-X1, A-4-X2, A-S-X1, A-S-X2, B-X1, B-X2, C-X1 AND C-X2:] [THIS CERTIFICATE HAS NO PRINCIPAL BALANCE AND WILL NOT RECEIVE ANY
DISTRIBUTIONS OF PRINCIPAL. THE NOTIONAL AMOUNT OF THE CLASS OF CERTIFICATES TO WHICH THIS CERTIFICATE BELONGS WILL BE REDUCED IN CONNECTION
WITH THE REDUCTION OF THE AGGREGATE CERTIFICATE BALANCE OF ANY UNDERLYING CLASS OF PRINCIPAL BALANCE CERTIFICATES OR UPPER-TIER REGULAR
INTERESTS, AS APPLICABLE, THAT COMPRISE ITS NOTIONAL AMOUNT. ACCORDINGLY, THE NOTIONAL AMOUNT OF THIS CERTIFICATE AT ANY TIME MAY BE LESS
THAN THE INITIAL NOTIONAL AMOUNT SET FORTH BELOW.

THE NOTIONAL AMOUNT ON WHICH THE INTEREST
PAYABLE TO THE HOLDERS OF THIS CLASS OF CERTIFICATES IS BASED WILL BE REDUCED AS A

    	 	A-1-2	 

     

    

RESULT OF PRINCIPAL PAYMENTS AND LOSSES
ON THE MORTGAGE LOANS. ACCORDINGLY, THE INTEREST PAYABLE PURSUANT TO THIS CERTIFICATE MAY BE LESS THAN THAT SET FORTH BELOW.]

[FOR CLASSES X-D, X-F, X-G, X-H, D, E, F,
G AND H:] [THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”), OR ANY STATE OR FOREIGN SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT THIS CERTIFICATE
MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY (A)(1) PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE
144A”) TO A PERSON THAT THE HOLDER REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER”, WITHIN THE MEANING
OF RULE 144A (A “QIB”), OR IS PURCHASING FOR THE ACCOUNT OF A QIB, AND WHOM THE HOLDER HAS INFORMED THAT THE REOFFER,
RESALE, PLEDGE, OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (2) TO AN INSTITUTION THAT IS A NON-“U.S. PERSON”
IN AN “OFFSHORE TRANSACTION” AS DEFINED IN, AND IN ACCORDANCE WITH RULE 903 OR RULE 904 OF, REGULATION S UNDER THE SECURITIES
ACT, OR (3) TO INSTITUTIONS THAT ARE “ACCREDITED INVESTORS” WITHIN THE MEANING OF RULE 501(a)(1), (2), (3) OR (7) OF REGULATION
D UNDER THE SECURITIES ACT (“REGULATION D”) OR ANY ENTITY IN WHICH ALL OF THE EQUITY OWNERS ARE “ACCREDITED INVESTORS”
WITHIN THE MEANING OF RULE 501(a)(1), (2), (3) OR (7) OF REGULATION D (COLLECTIVELY, “INSTITUTIONAL ACCREDITED INVESTORS”),
AND (B) IN EACH CASE IN ACCORDANCE WITH ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION.]

[FOR CLASSES X-F, X-G, X-H, F, G AND H:]
[THIS CERTIFICATE MAY NOT BE PURCHASED BY OR PLEDGED, SOLD OR OTHERWISE TRANSFERRED TO ANY PERSON THAT IS OR BECOMES AN EMPLOYEE BENEFIT
PLAN OR OTHER PLAN THAT IS SUBJECT TO THE FIDUCIARY RESPONSIBILITY PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974,
AS AMENDED (“ERISA”), OR TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”),
OR A GOVERNMENTAL PLAN (AS DEFINED IN SECTION 3(32) OF ERISA) OR OTHER PLAN THAT IS SUBJECT TO ANY FEDERAL, STATE OR LOCAL LAW THAT IS,
TO A MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS OF ERISA OR THE CODE (“SIMILAR LAW”), OR ANY PERSON ACTING
ON BEHALF OF ANY SUCH PLAN (INCLUDING AN ENTITY WHOSE UNDERLYING ASSETS INCLUDE PLAN ASSETS WITHIN THE MEANING OF DEPARTMENT OF LABOR
REGULATION § 2510.3-101, AS MODIFIED BY SECTION 3(42) OF ERISA) OR USING THE ASSETS OF SUCH PLAN TO ACQUIRE THIS CERTIFICATE, UNLESS
(A)(I) SUCH PERSON IS AN “INSURANCE COMPANY GENERAL ACCOUNT” WITHIN THE MEANING OF PROHIBITED TRANSACTION CLASS EXEMPTION
95-60, AND (II) ALL CONDITIONS OF SECTIONS I AND III OF PROHIBITED TRANSACTION CLASS EXEMPTION 95-60 WILL BE MET WITH RESPECT TO SUCH
INSURANCE COMPANY GENERAL ACCOUNT’S 

    	 	A-1-3	 

     

    

ACQUISITION, HOLDING AND DISPOSITION OF
THIS CERTIFICATE, OR (B) WITH RESPECT TO THE ACQUISITION, HOLDING OR DISPOSITION OF THIS CERTIFICATE BY ANY PLAN SUBJECT TO SIMILAR LAW,
SUCH ACQUISITION, HOLDING AND DISPOSITION BY SUCH PLAN WOULD NOT CONSTITUTE OR OTHERWISE RESULT IN A NON-EXEMPT VIOLATION OF SIMILAR
LAW.]

[FOR EXCHANGEABLE CERTIFICATES (CLASSES
A-3, A-3-1, A-3-2, A-3-X1, A-3-X2, A-4, A-4-1, A-4-2, A-4-X1, A-4-X2, A-S, A-S-1, A-S-2, A-S-X1, A-S-X2, B, B-1, B-2, B-X1, B-X2, C, C-1,
C-2, C-X1, C-X2): SUBJECT TO THE CONDITIONS AND PROCEDURES SET FORTH IN THE POOLING AND SERVICING
AGREEMENT, THIS CERTIFICATE MAY BE EXCHANGED FOR OTHER Exchangeable CERTIFICATES IN THE AMOUNTS SET FORTH IN THE POOLING AND SERVICING
AGREEMENT.]

[FOR REGULAR CERTIFICATES OTHER THAN THE
RR INTEREST (CLASSES A-1, A-SB, D, E, F, G, H, X-D, X-F, X-G AND X-H): THIS CERTIFICATE REPRESENTS A “REGULAR INTEREST” IN
A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT”, AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF
THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.]

[FOR EXCHANGEABLE CERTIFICATES
(CLASSES A-3, A-3-1, A-3-2, A-3-X1, A-3-X2, A-4, A-4-1, A-4-2, A-4-X1, A-4-X2, A-S, A-S-1, A-S-2, A-S-X1, A-S-X2, B, B-1, B-2, B-X1, B-X2,
C, C-1, C-2, C-X1, C-X2): THIS CERTIFICATE REPRESENTS AN UNDIVIDED BENEFICIAL INTEREST IN A PORTION OF THE RELATED EXCHANGEABLE CLASS
SPECIFIC GRANTOR TRUST ASSETS.]

[FOR SUBORDINATE CERTIFICATES (CLASSES A-S,
A-S-1, A-S-2, A-S-X1, A-S-X2, B, B-1, B-2, B-X1, B-X2, C, C-1, C-2, C-X1, C-X2, D, E, F, G AND H): THIS CERTIFICATE IS SUBORDINATE TO
ONE OR MORE OTHER CLASSES OF CERTIFICATES AS AND TO THE EXTENT SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.]

    	 	A-1-4	 

     

    

  

	
    PASS-THROUGH RATE: [FOR CLASS A-1/A-SB/A-3/A-4/A-S/B/C: THE WEIGHTED
    AVERAGE NET MORTGAGE RATE] [FOR CLASS A-3-X1/A-3-X2/ A-4-X1/A-4-X2/A-S-X1/A-S-X2/B-X1/B-X2/C-X1/C-X2/D/E/F/G/H: [____]% PER ANNUM][FOR
    CLASS X-D/X-F/X-G/X-H: VARIABLE IN ACCORDANCE WITH THE POOLING AND SERVICING AGREEMENT] [FOR CLASS A-3-1/A-4-1/A-S-1/B-1/C1: THE SUM OF
    THE CLASS A-3/A-4/A-S/B/C UT PASS-THROUGH RATE AND THE CLASS A-3-X2/A-4-X2/A-S-X2/B-X2/C-X2 UT PASS-THROUGH RATE] [FOR CLASS A-3-2/A-4-2/A-S-2/B-2/C-2:
    THE CLASS A-3/A-4/A-S/B/C UT PASS-THROUGH RATE]

    INITIAL [CERTIFICATE BALANCE][NOTIONAL AMOUNT] OF THIS CERTIFICATE
    AS OF THE CLOSING DATE: $[            ]

    DATE OF POOLING AND SERVICING AGREEMENT: AS OF MAY 1, 2022

    CUT-OFF DATE: AS SET FORTH IN THE POOLING AND SERVICING AGREEMENT
    (AS DEFINED HEREIN)

    CLOSING DATE: MAY 5, 2022

    FIRST DISTRIBUTION DATE:

    JUNE 17, 2022

    APPROXIMATE AGGREGATE

    [CERTIFICATE BALANCE][NOTIONAL AMOUNT] OF THE CLASS [__] CERTIFICATES

    AS OF THE CLOSING DATE: $[_________]
	
    GENERAL MASTER SERVICER:

    WELLS FARGO BANK, NATIONAL ASSOCIATION

    GENERAL SPECIAL SERVICER:

    RIALTO CAPITAL ADVISORS, LLC

    NCB MASTER SERVICER AND NCB SPECIAL SERVICER: NATIONAL COOPERATIVE
    BANK, N.A.

    TRUSTEE:

    WILMINGTON TRUST, NATIONAL ASSOCIATION

    CERTIFICATE ADMINISTRATOR:

    COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION

    OPERATING
    Advisor: 

    PENTALPHA SURVEILLANCE LLC

    ASSET REPRESENTATIONS REVIEWER:

    PENTALPHA SURVEILLANCE LLC

    CUSIP NO.: [            ]

    ISIN NO.: [            ]

    COMMON CODE NO.: [            ]

    CERTIFICATE NO.: [_]-[_]

	 	 

 

    	 	A-1-5	 

     

    

 

CLASS [__] CERTIFICATE

evidencing a beneficial ownership interest
in a Trust Fund, consisting primarily of a pool of commercial mortgage loans (the “Mortgage Loans”), all payments on
or collections in respect of the Mortgage Loans due after the Cut-off Date, all REO Properties and revenues received in respect thereof,
the mortgagee’s rights under the insurance policies, any Assignment of Leases, and any guaranties or other collateral as security
for the Mortgage Loans and such amounts as shall from time to time be held in each applicable Collection Account, the Distribution Accounts,
the Interest Reserve Account, the Gain-on-Sale Reserve Account, the Retained Certificate Gain-on-Sale Reserve Account, the Excess Interest
Distribution Account and the REO Accounts, formed and sold by

MORGAN STANLEY CAPITAL I INC.

THIS CERTIFIES THAT [FOR BOOK-ENTRY CERTIFICATES:
CEDE & CO.] [FOR DEFINITIVE CERTIFICATES: [______]] is the registered owner of the interest evidenced by this Certificate in the Class
[__] Certificates issued by the Trust created pursuant to the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling
and Servicing Agreement”), between Morgan Stanley Capital I Inc. (hereinafter called the “Depositor”, which
term includes any successor entity under the Pooling and Servicing Agreement), the Trustee, the General Master Servicer, the General Special
Servicer, the NCB Master Servicer, the NCB Special Servicer, the Certificate Administrator, the Operating Advisor and the Asset Representations
Reviewer. A summary of certain of the pertinent provisions of the Pooling and Servicing Agreement is set forth hereafter. To the extent
not defined herein, the capitalized terms used herein shall have the meanings assigned thereto in the Pooling and Servicing Agreement.

This Certificate is one of
a duly authorized issue of Certificates designated as Certificates of the series specified on the face hereof (herein called the “Certificates”)
and representing an interest in the Class of Certificates specified on the face hereof equal to the quotient expressed as a percentage
obtained by dividing the Denomination of this Certificate specified on the face hereof [FOR EXCHANGEABLE CERTIFICATES (CLASSES A-3, A-3-1,
A-3-2, A-3-X1, A-3-X2, A-4, A-4-1, A-4-2, A-4-X1, A-4-X2, A-S, A-S-1, A-S-2, A-S-X1, A-S-X2, B, B-1, B-2, B-X1, B-X2, C, C-1, C-2, C-X1
AND C-X2): (subject to adjustments reflected on the schedule of exchanges attached hereto)], by the aggregate initial Certificate Balance
or Notional Amount, as applicable, of the Class [__] Certificates [FOR EXCHANGEABLE CERTIFICATES (CLASSES A-3, A-3-1, A-3-2, A-3-X1,
A-3-X2, A-4, A-4-1, A-4-2, A-4-X1, A-4-X2, A-S, A-S-1, A-S-2, A-S-X1, A-S-X2, B, B-1, B-2, B-X1, B-X2, C, C-1, C-2, C-X1 AND C-X2): (as
increased or decreased, as the case may be, to reflect any exchanges of Exchangeable Certificates)]. The Certificates are designated as
the BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41 and are issued in the classes as specifically set
forth in the Pooling and Servicing Agreement. The Certificates will evidence in the aggregate 100% of the beneficial ownership of the
Trust Fund.

This Certificate does not
purport to summarize the Pooling and Servicing Agreement and reference is made to that agreement for information with respect to the interests,
rights, benefits, obligations, proceeds, and duties evidenced hereby and the rights, duties and 

    	 	A-1-6	 

     

    

obligations of the Trustee and the Certificate
Administrator. This Certificate is issued under is subject to the terms, provisions and conditions
of the Pooling and Servicing Agreement, to which Pooling and Servicing Agreement, as amended from time to time, the Certificateholder
by virtue of the acceptance hereof assents and by which the Certificateholder is bound. In the case of any conflict between terms specified
in this Certificate and terms specified in the Pooling and Servicing Agreement, the terms of the Pooling and Servicing Agreement shall
govern.

[FOR REGULAR CERTIFICATES
OTHER THAN THE RR INTEREST (CLASSES A-1, A-SB, D, E, F, G, H, X-D, X-F, X-G AND X-H): This Certificate represents a “regular interest”
in a “real estate mortgage investment conduit”, as those terms are defined, respectively, in Sections 860G(a)(1) and 860D
of the Internal Revenue Code of 1986, as amended (the “Code”).] [FOR EXCHANGEABLE CERTIFICATES (CLASSES A-3, A-3-1,
A-3-2, A-3-X1, A-3-X2, A-4, A-4-1, A-4-2, A-4-X1, A-4-X2, A-S, A-S-1, A-S-2, A-S-X1, A-S-X2, B, B-1, B-2, B-X1, B-X2, C, C-1, C-2, C-X1
AND C-X2): This certificate represents an undivided beneficial interest in a portion of the related Exchangeable Class Specific Grantor
Trust Assets]. Each Holder of this Certificate, by acceptance hereof, agrees to treat, and take no action inconsistent with the treatment
of, this Certificate in accordance with the preceding sentence for purposes of federal income taxes, state and local income and franchise
taxes and other taxes imposed on or measured by income.

Pursuant to the terms of
the Pooling and Servicing Agreement, the Certificate Administrator shall distribute to the Person in whose name this Certificate is registered
as of the related Record Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented
by this Certificate) of that portion of the aggregate amount of principal and/or interest then distributable, if any, allocable to the
Class of Certificates of the same Class as this Certificate for such Distribution Date, all as more fully described in the Pooling and
Servicing Agreement. Holders of this Certificate may be entitled to Prepayment Premiums and Yield Maintenance Charges as provided in the
Pooling and Servicing Agreement. All sums distributable on this Certificate are payable in the coin or currency of the United States of
America as at the time of payment is legal tender for the payment of public and private debts.

Interest on this Certificate
will accrue (computed as if each year consisted of 360 days and each month consisted of 30 days) during the Interest Accrual Period relating
to such Distribution Date at the Pass-Through Rate specified above on the Certificate Balance or Notional Amount, as applicable, of this
Certificate immediately prior to each Distribution Date. Principal and/or interest allocated to this Certificate on any Distribution Date
will be in an amount equal to this Certificate’s pro rata share of the Available Funds to be distributed on the Certificates
of this Class as of such Distribution Date, with a final distribution to be made upon retirement of this Certificate as set forth in the
Pooling and Servicing Agreement.

Realized Losses and certain
other amounts on the Mortgage Loans shall be allocated on the applicable Distribution Date to Certificateholders in the manner set forth
in the Pooling and Servicing Agreement. All Realized Losses on the Mortgage Loans allocated to any Class of Certificates will be allocated
pro rata among the outstanding Certificates of such Class.

This Certificate is limited
in right of payment to, among other things, certain collections and recoveries respecting the Mortgage Loans, all as more specifically
set forth in the 

    	 	A-1-7	 

     

    

Pooling and Servicing Agreement. As
provided in the Pooling and Servicing Agreement, each applicable Collection Account and the Distribution Accounts will be held on
behalf of the Trustee for the benefit of the Holders of Certificates specified in the Pooling and Servicing Agreement and each
Master Servicer (with respect to its Collection Account) or the Certificate Administrator (with respect to the Distribution
Accounts) will be authorized to make withdrawals therefrom. Amounts on deposit in such accounts may be invested in Permitted
Investments to the extent provided in the Pooling and Servicing Agreement. Interest or other investment income earned on funds in
each applicable Collection Account will be paid to the applicable Master Servicer as set forth in the Pooling and Servicing
Agreement. As provided in the Pooling and Servicing Agreement, withdrawals from each applicable Collection Account shall be made
from time to time for purposes other than distributions to Certificateholders, such purposes including reimbursement of certain
expenses incurred with respect to the servicing of the Mortgage Loans and administration of the Trust.

All distributions under the
Pooling and Servicing Agreement to a Class of Certificates shall be made on each Distribution Date (other than the final distribution
on any Certificate) to Certificateholders of record on the related Record Date by check mailed to the address set forth therefor in the
Certificate Register or, provided that such Certificateholder has provided the Certificate Administrator with wire instructions
at least five (5) Business Days prior to the related Record Date, by wire transfer of immediately available funds to the account of such
Certificateholder at a bank or other entity having appropriate facilities therefor. The final distribution on this Certificate (determined
without regard to any possible future reimbursement of Realized Losses or Retained Certificate Realized Losses, as applicable, previously
allocated to this Certificate) shall be made in like manner, but only upon presentment and surrender of this Certificate at the offices
of the Certificate Registrar or such other location specified in the notice to Certificateholders of such final distribution.

Any funds not distributed
to any Holder or Holders of Certificates of such Class on such Distribution Date because of the failure of such Holder or Holders to tender
their Certificates shall, on such date, be set aside and held uninvested in trust and credited to the account or accounts of the appropriate
non-tendering Holder or Holders. If any Certificates as to which notice has been given pursuant to the Pooling and Servicing Agreement
shall not have been surrendered for cancellation within six (6) months after the time specified in such notice, the Certificate Administrator
shall mail a second notice to the remaining non-tendering Certificateholders to surrender their Certificates for cancellation in order
to receive the final distribution with respect thereto. If within one (1) year after the second notice all such Certificates shall not
have been surrendered for cancellation, the Certificate Administrator, directly or through an agent, shall take such steps to contact
the remaining non-tendering Certificateholders concerning the surrender of their Certificates as it shall deem appropriate, subject
to applicable law with respect to escheatment of funds. The costs and expenses of holding such funds in trust and of contacting such Certificateholders
following the first anniversary of the delivery of such second notice to the non-tendering Certificateholders shall be paid out of such
funds. No interest shall accrue or be payable to any Certificateholder on any amount held in trust under the Pooling and Servicing Agreement
by the Certificate Administrator as a result of such Certificateholder’s failure to surrender its Certificate(s) for final payment
thereof in accordance with the Pooling and Servicing Agreement.

    	 	A-1-8	 

     

    

As provided in the Pooling
and Servicing Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registerable in the
Certificate Register only upon surrender of this Certificate for
registration of transfer at the office of the Certificate Registrar or at the office of its transfer agent, duly endorsed by, or accompanied
by an assignment in the form below or other written instrument of transfer in form satisfactory to the Certificate Registrar duly executed
by the Holder hereof or such Holder’s attorney-in-fact duly authorized in writing, and thereupon one or more new Certificates of
the same Class in authorized Denominations will be issued to the designated transferee or transferees.

Subject to the terms of the
Pooling and Servicing Agreement, the Class [__] Certificates will be issued in minimum denominations of [FOR REGISTERED PRINCIPAL BALANCE
CERTIFICATES AND EXCHANGEABLE CERTIFICATES (CLASSES A-1, A-SB, A-3, A-3-1, A-3-2, A-3-X1, A-3-X2, A-4, A-4-1, A-4-2, A-4-X1, A-4-X2, A-S,
A-S-1, A-S-2, A-S-X1, A-S-X2, B, B-1, B-2, B-X1, B-X2, C, C-1, C-2, C-X1 AND C-X2): $10,000][FOR NON-REGISTERED PRINCIPAL BALANCE CERTIFICATES:
CLASSES D, E, F, G AND H: $100,000][FOR CLASS X CERTIFICATES: $1,000,000], and in integral multiples of $1 in excess thereof, with one
Certificate of each such Class evidencing an additional amount equal to the remainder of the initial Certificate Balance of such Class.

No fee or service charge
shall be imposed by the Certificate Registrar for its services in respect of any registration of transfer or exchange of any Certificate
(other than Definitive Certificates) referred to in Section 5.03 [FOR EXCHANGEABLE CERTIFICATES (CLASSES A-3, A-3-1, A-3-2, A-3-X1, A-3-X2,
A-4, A-4-1, A-4-2, A-4-X1, A-4-X2, A-S, A-S-1, A-S-2, A-S-X1, A-S-X2, B, B-1, B-2, B-X1, B-X2, C, C-1, C-2, C-X1 AND C-X2): and Section
5.11] of the Pooling and Servicing Agreement. In connection with any transfer to an Institutional Accredited Investor, the Transferor
shall reimburse the Trust for any costs (including the cost of the Certificate Registrar’s counsel’s review of the documents
and any legal opinions, submitted by the transferor or transferee to the Certificate Registrar as provided in Section 5.03 of the Pooling
and Servicing Agreement) incurred by the Certificate Registrar in connection with such transfer. The Certificate Registrar may require
payment by each transferor of a sum sufficient to cover any tax, expense or other governmental charge payable in connection with any such
transfer or exchange.

The Trustee, the Certificate
Administrator, each applicable Master Servicer, each applicable Special Servicer and the Certificate Registrar, and any agent of any of
them, may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Trustee,
the Certificate Administrator, each applicable Master Servicer, each applicable Special Servicer, the Certificate Registrar, or any agent
of any of them, shall be affected by any notice to the contrary.

The Pooling and Servicing
Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations
of the Certificateholders under the Pooling and Servicing Agreement at any time by the parties thereto with the consent of the Holders
of Certificates of each Class affected by such amendment evidencing in the aggregate not less than a majority of the aggregate Percentage
Interests constituting the Class. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and
upon all future Holders of this Certificate and of any Certificate issued 

    	 	A-1-9	 

     

    

upon the transfer hereof or in exchange
herefor or in lieu hereof whether or not notation of such consent is made upon the Certificate. The Pooling and Servicing Agreement
also permits the amendment thereof, in certain circumstances, without the consent of the Holders of any of the Certificates.

The Holder of the majority
of the Controlling Class, the Special Servicer servicing the greater principal balance of the Mortgage Loans as of that time, the other
Special Servicer, the Master Servicer servicing the greater principal balance of the Mortgage Loans as of that time, the other Master
Servicer, or the Holders of the Class R Certificates, in that order of priority, may, at their option, elect to purchase all of the Mortgage
Loans (and all property acquired through exercise of remedies in respect of any related Mortgage Loan) and the Trust’s portion of
each REO Property remaining in the Trust Fund as contemplated by clause (ii) of the first paragraph of Section 9.01 in the Pooling and
Servicing Agreement by giving written notice to the Trustee, the Certificate Administrator and the other parties to the Pooling and Servicing
Agreement no later than sixty (60) days prior to the anticipated date of purchase; provided, however, that the Holders of
the Controlling Class, each applicable Special Servicer, each applicable Master Servicer, or the Holders of the Class R Certificates may
so elect to purchase all of the Mortgage Loans and the Trust’s portion of each REO Property remaining in the Trust Fund only on
or after the first Distribution Date on which the aggregate Stated Principal Balances of the Mortgage Loans and the portion of any REO
Loans held by the Trust is less than 1.0% of the aggregate Cut-off Date Balance of the Mortgage Loans (solely for the purposes of this
calculation, if such right is being exercised after May 2032 and the 1600 Broadway Mortgage Loan is still an asset of the Trust Fund,
then such Mortgage Loan that is still an asset of the Trust Fund shall be excluded from the aggregate Cut-off Date Balance of the Mortgage
Loans and the aggregate Stated Principal Balance of the Mortgage Loans as of the related determination date).

Following the date on which
the Class A-1, Class A-SB, Class D and Class E Certificates and the Class A-3, Class A-4, Class A-S, Class B and Class C Exchangeable
Upper-Tier Regular Interests are no longer outstanding (and provided that there is only one Holder (or multiple Holders acting
in unanimity) of the then-outstanding Certificates (other than the Class V Certificates, Class R Certificates and RR Interest)), the
Sole Certificateholder shall have the right, with the consent of each applicable Master Servicer, to exchange all of its Certificates
(other than the Class V Certificates, Class R Certificates and RR Interest) together with the payment or deemed payment of the Termination
Purchase Amount for all of the Mortgage Loans and each REO Property remaining in the Trust Fund pursuant to the terms of the Pooling and
Servicing Agreement.

The obligations created by
the Pooling and Servicing Agreement and the Trust created thereby (other than the obligation of the Certificate Administrator to make
payments to Certificateholders as provided for in the Pooling and Servicing Agreement), shall terminate upon reduction of the Certificate
Balances of all the Certificates to zero (including, without limitation, any such final payment resulting from a termination of the Trust
due to a sale of its property) pursuant to the terms of the Pooling and Servicing Agreement. In no event, however, will the Trust created
by the Pooling and Servicing Agreement continue beyond the expiration of 21 years from the death of the last survivor of the descendants
of Joseph P. Kennedy, the late Ambassador of the United States to the Court of St. James, living on the date hereof.

    	 	A-1-10	 

     

    

Unless the certificate of
authentication hereon has been executed by the Authenticating Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or
be valid for any purpose. The Certificate Registrar has executed this Certificate on behalf of the Trust as Certificate Registrar under
the Pooling and Servicing Agreement and makes no representation or warranty as to any of the statements contained herein or the validity
or sufficiency of the Certificates or the Mortgage Loans.

THIS CERTIFICATE AND THE
POOLING AND SERVICING AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH, AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD
TO CONFLICT OF LAWS PRINCIPLES APPLIED IN NEW YORK.

 

    	 	A-1-11	 

     

    

IN WITNESS WHEREOF,
the Certificate Registrar has caused this Certificate to be duly executed under this official seal.

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION, not in its individual capacity but solely as Certificate Registrar under the Pooling and Servicing Agreement
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:

Title:

Dated: May ___, 2022

CERTIFICATE OF AUTHENTICATION

THIS IS ONE OF THE CLASS
[__] CERTIFICATES REFERRED TO IN THE WITHIN-MENTIONED POOLING AND SERVICING AGREEMENT.

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION, as Authenticating Agent
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:

Title:

    	 	A-1-12	 

     

    

ABBREVIATIONS

The following abbreviations, when used in the
inscription on the face of this Certificate, shall be construed as though they were written out in full according to applicable laws or
regulations:

 

	TEN COM   	-   	as tenant in common	UNIF
                                         GIFT MIN ACT __________ 
	TEN
        ENT	-	as tenants by the entireties	Custodian
	JT TEN	-	as joint tenants with rights of 	(Cust)
	 	 	survivorship and not as tenants in	Under
        Uniform Gifts to Minors
	 	 	 common	Act
        __________________________
	 	 		
(State)

Additional abbreviations
may also be used though not in the above list.

FORM OF TRANSFER

FOR VALUE RECEIVED, the
undersigned hereby sells, assigns and transfers unto 

	 

                                                        

	(Please insert Social Security or other identifying
number of Assignee)
	 
	(Please print or typewrite name and address of assignee)
	 

the within Certificate and does hereby or irrevocably
constitute and appoint to transfer the said Certificate in the Certificate register of the within-named Trust, with full power of substitution
in the premises.

 

 

	Dated: _____________	  	NOTICE:  The
    signature to this assignment must correspond with the name as written upon the face of this Certificate in every particular without
    alteration or enlargement or any change whatever.

 

 

	 	 
	SIGNATURE GUARANTEED	 

The signature must be guaranteed by a commercial
bank or trust company or by a member firm of the New York Stock Exchange or another national securities exchange. Notarized or witnessed
signatures are not acceptable.

 

    	 	A-1-13	 

     

    

DISTRIBUTION INSTRUCTIONS

The assignee should include
the following for purposes of distribution:

Distributions shall be made,
by wire transfer or otherwise, in immediately available funds to _________________________________ for the account of __________________________________
account number _______________ or, if mailed by check, to _______________________________________. Statements should be mailed to _______________________________________________________________.
This information is provided by assignee named above, or ______________________________, as its agent.

 

    	 	A-1-14	 

     

    

 

[TO BE ATTACHED TO RULE
144A/REGULATION S BOOK-ENTRY CERTIFICATES AND EXCHANGEABLE CERTIFICATES]

SCHEDULE OF EXCHANGES OF
CERTIFICATES

The following exchanges
of a part of this Certificate have been made:

 

    	 	A-1-15	 

     

    

EXHIBIT A-2

[FORM OF] CLASS R CERTIFICATE

BANK
2022-BNK41

COMMERCIAL
MORTGAGE PASS-THROUGH CERTIFICATES

SERIES
2022-BNK41, CLASS R

THE INITIAL INVESTOR IN THIS CERTIFICATE,
AND EACH SUBSEQUENT PURCHASER OF THIS CERTIFICATE, BY PURCHASING THIS CERTIFICATE OR AN INTEREST HEREIN, IS DEEMED TO HAVE AGREED TO COMPLY
WITH CERTAIN TRANSFER REQUIREMENTS SET FORTH IN THE POOLING AND SERVICING AGREEMENT. A TRANSFEREE IS ALSO REQUIRED TO DELIVER AN INVESTMENT
REPRESENTATION LETTER SUBSTANTIALLY IN THE FORM OF EXHIBIT C TO THE POOLING AND SERVICING AGREEMENT.

THIS CERTIFICATE DOES NOT REPRESENT AN INTEREST
IN OR OBLIGATION OF THE DEPOSITOR, THE BORROWERS, THE SPONSORS, ANY MASTER SERVICER, ANY SPECIAL SERVICER, THE TRUSTEE, THE CERTIFICATE
ADMINISTRATOR, THE OPERATING ADVISOR, THE ASSET REPRESENTATIONS REVIEWER, THE RISK RETENTION CONSULTATION PARTY, THE UNDERWRITERS, THE
INITIAL PURCHASERS, THE MORTGAGE LOAN SELLERS OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THIS CERTIFICATE NOR THE UNDERLYING MORTGAGE
LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

THIS CERTIFICATE HAS NOT BEEN AND WILL NOT
BE REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY STATE OR FOREIGN
SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT THIS CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE
TRANSFERRED ONLY (A) PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE 144A”) TO A PERSON THAT THE HOLDER REASONABLY
BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER”, WITHIN THE MEANING OF RULE 144A (A “QIB”), OR IS PURCHASING
FOR THE ACCOUNT OF A QIB, AND WHOM THE HOLDER HAS INFORMED THAT THE REOFFER, RESALE, PLEDGE, OR OTHER TRANSFER IS BEING MADE IN RELIANCE
ON RULE 144A, AND (B) IN EACH CASE IN ACCORDANCE WITH ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES OR ANY OTHER APPLICABLE
JURISDICTION.

THIS CERTIFICATE MAY NOT BE PURCHASED BY
OR PLEDGED, SOLD OR OTHERWISE TRANSFERRED TO ANY PERSON THAT IS OR BECOMES AN EMPLOYEE BENEFIT PLAN OR OTHER PLAN THAT IS SUBJECT TO THE

    	 	A-2-1	 

     

    

FIDUCIARY RESPONSIBILITY PROVISIONS OF
THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”),
OR TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”),
OR A GOVERNMENTAL PLAN (AS DEFINED IN SECTION 3(32) OF ERISA) OR OTHER PLAN THAT IS SUBJECT TO ANY FEDERAL, STATE OR LOCAL LAW THAT IS,
TO A MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS OF ERISA OR THE CODE, OR ANY PERSON ACTING ON BEHALF OF ANY SUCH PLAN (INCLUDING
AN ENTITY WHOSE UNDERLYING ASSETS INCLUDE PLAN ASSETS WITHIN THE MEANING OF DEPARTMENT OF LABOR REGULATION § 2510.3-101, AS MODIFIED
BY SECTION 3(42) OF ERISA) OR USING THE ASSETS OF SUCH PLAN TO ACQUIRE THIS CERTIFICATE.

THIS CERTIFICATE REPRESENTS A “RESIDUAL
INTEREST” IN TWO “REAL ESTATE MORTGAGE INVESTMENT CONDUITS” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(2)
AND 860D OF THE CODE. EACH TRANSFEREE OF THIS CERTIFICATE, BY ACCEPTANCE HEREOF, IS DEEMED TO HAVE ACCEPTED THIS CERTIFICATE SUBJECT TO
CERTAIN RESTRICTIONS ON TRANSFERABILITY TO DISQUALIFIED ORGANIZATIONS, DISQUALIFIED NON-U.S. TAX PERSONS OR AGENTS OF EITHER, AS SET FORTH
IN SECTION 5.03 OF THE POOLING AND SERVICING AGREEMENT, AND SHALL BE REQUIRED TO FURNISH AN AFFIDAVIT TO THE TRANSFEROR, THE CERTIFICATE
ADMINISTRATOR AND THE TRUSTEE TO THE EFFECT THAT, AMONG OTHER THINGS, (A) IT IS NOT A DISQUALIFIED ORGANIZATION, AS SUCH TERM IS DEFINED
IN SECTION 860E(e)(5) OF THE CODE, OR AN AGENT (INCLUDING A BROKER, NOMINEE OR OTHER MIDDLEMAN) FOR SUCH DISQUALIFIED ORGANIZATION AND
IS OTHERWISE A PERMITTED TRANSFEREE, (B) IT HAS HISTORICALLY PAID ITS DEBTS AS THEY HAVE COME DUE AND INTENDS TO PAY ITS DEBTS AS THEY
COME DUE IN THE FUTURE, (C) IT UNDERSTANDS THAT IT MAY INCUR TAX LIABILITIES WITH RESPECT TO THIS CERTIFICATE IN EXCESS OF CASH FLOWS
GENERATED HEREBY, (D) IT INTENDS TO PAY ANY TAXES ASSOCIATED WITH HOLDING THIS CERTIFICATE AS THEY BECOME DUE, (E) IT WILL NOT CAUSE INCOME
WITH RESPECT TO THIS CERTIFICATE TO BE ATTRIBUTABLE TO A FOREIGN PERMANENT ESTABLISHMENT OR FIXED BASE, WITHIN THE MEANING OF AN APPLICABLE
INCOME TAX TREATY, OF SUCH PERSON OR ANY OTHER U.S. PERSON AND (F) IT WILL NOT TRANSFER THIS CERTIFICATE TO ANY PERSON OR ENTITY
THAT DOES NOT PROVIDE A SIMILAR AFFIDAVIT. ANY PURPORTED TRANSFER TO A DISQUALIFIED ORGANIZATION OR OTHER PERSON THAT IS NOT A PERMITTED
TRANSFEREE OR OTHERWISE IN VIOLATION OF THESE RESTRICTIONS SHALL BE ABSOLUTELY NULL AND VOID AND SHALL VEST NO RIGHTS IN ANY PURPORTED
TRANSFEREE. THIS CERTIFICATE REPRESENTS “NON-ECONOMIC RESIDUAL INTERESTS” AS DEFINED IN TREASURY REGULATIONS SECTION 1.860E-1(c),
AND THEREFORE, TRANSFERS OF THIS CERTIFICATE MAY BE DISREGARDED FOR FEDERAL INCOME TAX PURPOSES. IN ORDER TO SATISFY A REGULATORY SAFE
HARBOR UNDER WHICH SUCH TRANSFERS WILL NOT BE DISREGARDED, THE TRANSFEROR MAY BE 

    	 	A-2-2	 

     

    

REQUIRED, AMONG OTHER THINGS, TO SATISFY
ITSELF AS TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE AND EITHER TO TRANSFER AT A MINIMUM PRICE OR TO AN ELIGIBLE TRANSFEREE
AS SPECIFIED IN TREASURY REGULATIONS.

    	 	A-2-3	 

     

    

  

	
    PERCENTAGE INTEREST EVIDENCED BY THIS CERTIFICATE: [_]%

    DATE OF POOLING AND SERVICING AGREEMENT: AS OF MAY 1, 2022

    CUT-OFF DATE: AS SET FORTH IN THE POOLING AND SERVICING AGREEMENT
    (AS DEFINED HEREIN)

    CLOSING DATE: MAY 5, 2022

    FIRST DISTRIBUTION DATE:

    JUNE 17, 2022

     
	
    GENERAL MASTER SERVICER:

    WELLS FARGO BANK, NATIONAL ASSOCIATION

    GENERAL SPECIAL SERVICER:

    RIALTO CAPITAL ADVISORS, LLC

    NCB MASTER SERVICER AND NCB SPECIAL SERVICER: NATIONAL COOPERATIVE
    BANK, N.A.

    TRUSTEE:

    WILMINGTON TRUST, NATIONAL ASSOCIATION

    CERTIFICATE ADMINISTRATOR:

    COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION

    OPERATING
    Advisor: 

    PENTALPHA SURVEILLANCE LLC

    ASSET REPRESENTATIONS REVIEWER:

    PENTALPHA SURVEILLANCE LLC

    CUSIP NO.: [            ]

    ISIN NO.: [            ]

    CERTIFICATE NO.: R-[_]

	 	 	 
	 	 	 
	 	 	 	 

 

    	 	A-2-4	 

     

    

 CLASS
R CERTIFICATE

evidencing a beneficial ownership interest
in a Trust Fund, consisting primarily of a pool of commercial mortgage loans (the “Mortgage Loans”), all payments on
or collections in respect of the Mortgage Loans due after the Cut-off Date, all REO Properties and revenues received in respect thereof,
the mortgagee’s rights under the insurance policies, any Assignment of Leases, and any guaranties or other collateral as security
for the Mortgage Loans and such amounts as shall from time to time be held in each applicable Collection Account, the Distribution Accounts,
the Interest Reserve Account, the Gain-on-Sale Reserve Account, the Retained Certificate Gain-on-Sale Reserve Account, the Excess Interest
Distribution Account and the REO Accounts, formed and sold by

MORGAN
STANLEY CAPITAL I INC.

THIS CERTIFIES THAT [____________________]
is the registered owner of the interest evidenced by this Certificate in the Class R Certificates issued by the Trust created pursuant
to the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Morgan
Stanley Capital I Inc. (hereinafter called the “Depositor”, which term includes any successor entity under the Pooling
and Servicing Agreement), the Trustee, the General Master Servicer, the General Special Servicer, the NCB Master Servicer, the NCB Special
Servicer, the Certificate Administrator, the Operating Advisor and the Asset Representations Reviewer. A summary of certain of the pertinent
provisions of the Pooling and Servicing Agreement is set forth hereafter. To the extent not defined herein, the capitalized terms used
herein shall have the meanings assigned thereto in the Pooling and Servicing Agreement.

This Certificate is one of
a duly authorized issue of Certificates designated as Certificates of the series specified on the face hereof (herein called the “Certificates”)
and representing the Percentage Interest in the Class of Certificates specified on the face hereof. The Certificates are designated as
the BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41 and are issued in the classes as specifically set
forth in the Pooling and Servicing Agreement. The Certificates will evidence in the aggregate 100% of the beneficial ownership of the
Trust Fund.

This Certificate does not
purport to summarize the Pooling and Servicing Agreement and reference is made to that agreement for information with respect to the interests,
rights, benefits, obligations, proceeds, and duties evidenced hereby and the rights, duties and obligations of the Trustee and the Certificate
Administrator. This Certificate is issued under and is subject to the terms, provisions and conditions of the Pooling and Servicing Agreement,
to which Pooling and Servicing Agreement, as amended from time to time, the Certificateholder by virtue of the acceptance hereof assents
and by which the Certificateholder is bound. In the case of any conflict between terms specified in this Certificate and terms specified
in the Pooling and Servicing Agreement, the terms of the Pooling and Servicing Agreement shall govern.

This Class R Certificate
represents a “residual interest” in two “real estate mortgage investment conduits”, as those terms are defined,
respectively, in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended (the “Code”). Each Holder
of this Certificate, by acceptance hereof, agrees to treat, and take no action inconsistent with the treatment of, this

    	 	A-2-5	 

     

    

Certificate in accordance with the preceding
sentence for purposes of federal income taxes, state and local income and franchise taxes and other taxes imposed on or measured by income.
The Certificate Administrator shall be designated as the “partnership representative” within the meaning of Section 6223 of
the Code of each Trust REMIC. By their acceptance thereof, the Holders of the Class R Certificates hereby agree to the designation of
the Certificate Administrator as “partnership representative” for the Trust REMICs.

Pursuant to the terms of
the Pooling and Servicing Agreement, distributions, if any, on this Certificate shall be made by the Certificate Administrator in an amount
equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate) and to the extent
and subject to the limitations set forth in the Pooling and Servicing Agreement, on the Distribution Date to the Person in whose name
this Certificate is registered as of the related Record Date. All sums distributable on this Certificate are payable in the coin or currency
of the United States of America as at the time of payment is legal tender for the payment of public and private debts.

This Certificate is limited
in right of payment to, among other things, certain collections and recoveries respecting the Mortgage Loans, all as more specifically
set forth in the Pooling and Servicing Agreement. As provided in the Pooling and Servicing Agreement, each applicable Collection Account
and the Distribution Accounts will be held on behalf of the Trustee for the benefit of the Holders of Certificates specified in the Pooling
and Servicing Agreement and each Master Servicer (with respect to its Collection Account) or the Certificate Administrator (with respect
to the Distribution Accounts) will be authorized to make withdrawals therefrom. Amounts on deposit in such accounts may be invested in
Permitted Investments to the extent provided in the Pooling and Servicing Agreement. Interest or other investment income earned on funds
in each applicable Collection Account will be paid to the applicable Master Servicer as set forth in the Pooling and Servicing Agreement.
As provided in the Pooling and Servicing Agreement, withdrawals from each applicable Collection Account shall be made from time to time
for purposes other than distributions to Certificateholders, such purposes including reimbursement of certain expenses incurred with respect
to the servicing of the Mortgage Loans and administration of the Trust.

All distributions under the
Pooling and Servicing Agreement to a Class of Certificates shall be made on each Distribution Date (other than the final distribution
on any Certificate) to Certificateholders of record on the related Record Date by check mailed to the address set forth therefor in the
Certificate Register or, provided that such Certificateholder has provided the Certificate Administrator with wire instructions
at least five (5) Business Days prior to the related Record Date, by wire transfer of immediately available funds to the account of such
Certificateholder at a bank or other entity having appropriate facilities therefor. The final distribution on this Certificate (determined
without regard to any possible future reimbursement of Realized Losses or Retained Certificate Realized Losses, as applicable, previously
allocated to this Certificate) shall be made in like manner, but only upon presentment and surrender of this Certificate at the offices
of the Certificate Registrar or such other location specified in the notice to Certificateholders of such final distribution.

Any funds not distributed
to any Holder or Holders of Certificates of such Class on such Distribution Date because of the failure of such Holder or Holders to tender
their Certificates

    	 	A-2-6	 

     

    

shall, on such date, be set aside and held
uninvested in trust and credited to the account or accounts of the appropriate non-tendering Holder or Holders. If any Certificates as
to which notice has been given pursuant to the Pooling and Servicing Agreement shall not have been surrendered for cancellation within
six (6) months after the time specified in such notice, the Certificate Administrator shall mail a second notice to the remaining non-tendering
Certificateholders to surrender their Certificates for cancellation in order to receive the final distribution with respect thereto. If
within one (1) year after the second notice all such Certificates shall not have been surrendered for cancellation, the Certificate Administrator,
directly or through an agent, shall take such steps to contact the remaining non-tendering Certificateholders concerning the surrender
of their Certificates as it shall deem appropriate, subject to applicable law with respect to escheatment of funds. The costs and expenses
of holding such funds in trust and of contacting such Certificateholders following the first anniversary of the delivery of such second
notice to the non-tendering Certificateholders shall be paid out of such funds. No interest shall accrue or be payable to any Certificateholder
on any amount held in trust under the Pooling and Servicing Agreement by the Certificate Administrator as a result of such Certificateholder’s
failure to surrender its Certificate(s) for final payment thereof in accordance with the Pooling and Servicing Agreement.

As provided in the Pooling
and Servicing Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registerable in the
Certificate Register only upon surrender of this Certificate for registration of transfer at the office of the Certificate Registrar or
at the office of its transfer agent, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of
transfer in form satisfactory to the Certificate Registrar duly executed by the Holder hereof or such Holder’s attorney-in-fact
duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized Denominations will be issued to
the designated transferee or transferees.

Each Person who has or who
acquires any Ownership Interest in a Class R Certificate shall be deemed by the acceptance or acquisition of such Ownership Interest to
have agreed to be bound by the following provisions. The rights of each Person acquiring any Ownership Interest in a Class R Certificate
are expressly subject to the following provisions: (A) no Person holding or acquiring any Ownership Interest in a Class R Certificate
shall be a Disqualified Organization or agent thereof (including a nominee, middleman or similar person) (an “Agent”),
a Plan or a Person acting on behalf of or investing the assets of a Plan (such Plan or Person, an “ERISA Prohibited Holder”)
or a Disqualified Non-U.S. Tax Person and shall promptly notify the Certificate Registrar of any change or impending change to such status;
(B) in connection with any proposed Transfer of any Ownership Interest in a Class R Certificate, the Certificate Registrar shall,
as a condition to such consent, (x) require the proposed transferee to deliver, and the proposed transferee shall deliver to the Certificate
Registrar and to the proposed transferor, an affidavit in substantially the form attached to the Pooling and Servicing Agreement as Exhibit
D-1 (a “Transferee Affidavit”) of the proposed transferee (A) that such proposed transferee is a Permitted Transferee
and (B) stating that (1) the proposed transferee historically has paid its debts as they have come due and intends to do so in the future,
(2) the proposed transferee understands that, as the holder of a Residual Ownership Interest, it may incur tax liabilities in excess of
cash flows generated by the residual interest, (3) the proposed transferee intends to pay taxes associated with holding the Residual Ownership
Interest as they become due, (4) the proposed transferee will not cause income with respect to the Residual Ownership Interest to be 

    	 	A-2-7	 

     

    

attributable
to a foreign permanent establishment or fixed base, within the meaning of an applicable income tax treaty, of such proposed
transferee or any other U.S. Tax Person, (5) the proposed transferee will not transfer the Residual Ownership Interest to any Person that
does not provide a Transferee Affidavit or as to which the proposed transferee has actual knowledge that such Person is not a Permitted
Transferee or is acting as an agent (including a broker, nominee or other middleman) for a Person that is not a Permitted Transferee,
and (6) the proposed transferee expressly agrees to be bound by and to abide by the provisions of Section 5.03(o) of the Pooling and Servicing
Agreement and (y) other than in connection with the initial issuance of a Class R Certificate, require a statement from the proposed transferor
substantially in the form attached as Exhibit D-2 (the “Transferor Letter”), that the proposed transferor has no actual
knowledge that the proposed transferee is not a Permitted Transferee and has no actual knowledge or reason to know that the proposed transferee’s
statements in its Transferee Affidavit are false.

The Class R Certificates
will be issued in fully registered, certificated form, in minimum percentage interests of 10% and integral multiples of 1% in excess thereof.

No fee or service charge
shall be imposed by the Certificate Registrar for its services in respect of any registration of transfer or exchange of any Certificate
(other than Definitive Certificates) referred to in Section 5.03 of the Pooling and Servicing Agreement. In connection with any transfer
to an Institutional Accredited Investor, the Transferor shall reimburse the Trust for any costs (including the cost of the Certificate
Registrar’s counsel’s review of the documents and any legal opinions, submitted by the transferor or transferee to the Certificate
Registrar as provided in Section 5.03 of the Pooling and Servicing Agreement) incurred by the Certificate Registrar in connection with
such transfer. The Certificate Registrar may require payment by each transferor of a sum sufficient to cover any tax, expense or other
governmental charge payable in connection with any such transfer or exchange.

The Trustee, the Certificate
Administrator, each applicable Master Servicer each applicable Special Servicer and the Certificate Registrar, and any agent of any of
them, may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Trustee,
the Certificate Administrator, each applicable Master Servicer, each applicable Special Servicer, the Certificate Registrar, or any agent
of any of them, shall be affected by any notice to the contrary.

The Pooling and Servicing
Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations
of the Certificateholders under the Pooling and Servicing Agreement at any time by the parties thereto with the consent of the Holders
of Certificates of each Class affected by such amendment evidencing in the aggregate not less than a majority of the aggregate Percentage
Interests constituting the Class. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and
upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof
whether or not notation of such consent is made upon the Certificate. The Pooling and Servicing Agreement also permits the amendment thereof,
in certain circumstances, without the consent of the Holders of any of the Certificates.

    	 	A-2-8	 

     

    

The Holder of the majority
of the Controlling Class, the Special Servicer servicing the greater principal balance of the Mortgage Loans as of that time, the other
Special Servicer, the Master Servicer servicing the greater principal
balance of the Mortgage Loans as of that time, the other Master Servicer, or the Holders of the Class R Certificates, in that order of
priority, may, at their option, elect to purchase all of the Mortgage Loans (and all property acquired through exercise of remedies in
respect of any related Mortgage Loan) and the Trust’s portion of each REO Property remaining in the Trust Fund as contemplated by
clause (ii) of the first paragraph of Section 9.01 in the Pooling and Servicing Agreement by giving written notice to the Trustee, the
Certificate Administrator and the other parties to the Pooling and Servicing Agreement no later than sixty (60) days prior to the anticipated
date of purchase; provided, however, that the Holders of the Controlling Class, any Special Servicer, any Master Servicer,
or the Holders of the Class R Certificates may so elect to purchase all of the Mortgage Loans and the Trust’s portion of each REO
Property remaining in the Trust Fund only on or after the first Distribution Date on which the aggregate Stated Principal Balances of
the Mortgage Loans and the portion of any REO Loans held by the Trust is less than 1.0% of the aggregate Cut-off Date Balance of the Mortgage
Loans (solely for the purposes of this calculation, if such right is being exercised after May 2032 and the 1600 Broadway Mortgage Loan
is still an asset of the Trust Fund, then such Mortgage Loan that is still an asset of the Trust Fund shall be excluded from the aggregate
Cut-off Date Balance of the Mortgage Loans and the aggregate Stated Principal Balance of the Mortgage Loans as of the related determination
date).

Following the date on which
the Class A-1, Class A-SB, Class D and Class E Certificates and the Class A-3, Class A-4, Class A-S, Class B and Class C Exchangeable
Upper-Tier Regular Interests are no longer outstanding (and provided that there is only one Holder (or multiple Holders acting
in unanimity) of the then-outstanding Certificates (other than the Class V Certificates, Class R Certificates and RR Interest)), the
Sole Certificateholder shall have the right, with the consent of each applicable Master Servicer, to exchange all of its Certificates
(other than the Class V Certificates, Class R Certificates and RR Interest) together with the payment or deemed payment of the Termination
Purchase Amount for all of the Mortgage Loans and each REO Property remaining in the Trust Fund pursuant to the terms of the Pooling and
Servicing Agreement.

The obligations created by
the Pooling and Servicing Agreement and the Trust created thereby (other than the obligation of the Certificate Administrator to make
payments to Certificateholders as provided for in the Pooling and Servicing Agreement), shall terminate upon reduction of the Certificate
Balances of all the Certificates to zero (including, without limitation, any such final payment resulting from a termination of the Trust
due to a sale of its property) pursuant to the terms of the Pooling and Servicing Agreement. In no event, however, will the Trust created
by the Pooling and Servicing Agreement continue beyond the expiration of 21 years from the death of the last survivor of the descendants
of Joseph P. Kennedy, the late Ambassador of the United States to the Court of St. James, living on the date hereof.

Unless the certificate of
authentication hereon has been executed by the Authenticating Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or be valid for any purpose. The Certificate Registrar has executed this Certificate
on behalf of the Trust as Certificate Registrar under the Pooling and 

    	 	A-2-9	 

     

    

Servicing Agreement and
makes no representation or warranty as to any of the statements contained herein or the validity or sufficiency of the Certificates or
the Mortgage Loans.

THIS CERTIFICATE AND THE
POOLING AND SERVICING AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH, AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD
TO CONFLICT OF LAWS PRINCIPLES APPLIED IN NEW YORK.

 

    	 	A-2-10	 

     

    

IN WITNESS WHEREOF,
the Certificate Registrar has caused this Certificate to be duly executed under this official seal.

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION, not in its
  individual capacity but solely as Certificate Registrar under the Pooling and Servicing Agreement
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:

Title:

Dated: May ___, 2022

CERTIFICATE OF AUTHENTICATION

THIS IS ONE OF THE CLASS
R CERTIFICATES REFERRED TO IN THE WITHIN-MENTIONED POOLING AND SERVICING AGREEMENT.

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION, as Authenticating Agent
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:

Title:

    	 	A-2-11	 

     

    

ABBREVIATIONS

The following abbreviations, when used in the
inscription on the face of this Certificate, shall be construed as though they were written out in full according to applicable laws or
regulations:

	TEN COM   	-   	as tenant in common	UNIF
                                         GIFT MIN ACT __________ 
	TEN
        ENT	-	as tenants by the entireties	Custodian
	JT TEN	-	as joint tenants with rights of 	(Cust)
	 	 	survivorship and not as 	Under
        Uniform Gifts to Minors
	 	 	tenants in common	Act
        __________________________
	 	 		
(State)

Additional abbreviations may also be used
though not in the above list.

 

 

FORM OF TRANSFER

FOR VALUE RECEIVED, the
undersigned hereby sells, assigns and transfers unto 

	 

                                                        

	(Please insert Social Security or other identifying
number of Assignee)
	 
	(Please print or typewrite name and address of assignee)
	 

the within Certificate and does hereby or irrevocably
constitute and appoint to transfer the said Certificate in the Certificate register of the within-named Trust, with full power of substitution
in the premises.

 

	Dated:_____________	  	NOTICE:  The
    signature to this assignment must correspond with the name as written upon the face of this Certificate in every particular without
    alteration or enlargement or any change whatever.

 

 

	 	 
	SIGNATURE GUARANTEED	 

The signature must be guaranteed by a commercial
bank or trust company or by a member firm of the New York Stock Exchange or another national securities exchange. Notarized or witnessed
signatures are not acceptable.

    	 	A-2-12	 

     

    

DISTRIBUTION INSTRUCTIONS

The assignee should include
the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately
available funds to _________________________________ for the account of __________________________________ account number _______________
or, if mailed by check, to _______________________________________. Statements should be mailed to _______________________________________________________________.
This information is provided by assignee named above, or ______________________________, as its agent.

 

    	 	A-2-13	 

     

    

EXHIBIT A-3

[FORM OF] CLASS V CERTIFICATE

BANK
2022-BNK41

COMMERCIAL
MORTGAGE PASS-THROUGH CERTIFICATES

SERIES
2022-BNK41, CLASS V

THIS CERTIFICATE DOES NOT REPRESENT AN
INTEREST IN OR OBLIGATION OF THE DEPOSITOR, THE BORROWERS, THE SPONSORS, ANY MASTER SERVICER, ANY SPECIAL SERVICER, THE TRUSTEE, THE CERTIFICATE
ADMINISTRATOR, THE OPERATING ADVISOR, THE ASSET REPRESENTATIONS REVIEWER, THE RISK RETENTION CONSULTATION PARTY, THE UNDERWRITERS, THE
INITIAL PURCHASERS, THE MORTGAGE LOAN SELLERS OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THIS CERTIFICATE NOR THE UNDERLYING MORTGAGE
LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

THIS CERTIFICATE HAS NOT BEEN AND WILL
NOT BE REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY STATE OR
FOREIGN SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT THIS CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED
OR OTHERWISE TRANSFERRED ONLY (A)(1) PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE 144A”) TO A PERSON THAT
THE HOLDER REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER”, WITHIN THE MEANING OF RULE 144A (A “QIB”),
OR IS PURCHASING FOR THE ACCOUNT OF A QIB, AND WHOM THE HOLDER HAS INFORMED THAT THE REOFFER, RESALE, PLEDGE, OR OTHER TRANSFER IS BEING
MADE IN RELIANCE ON RULE 144A, (2) TO AN INSTITUTION THAT IS A NON-“U.S. PERSON” IN AN “OFFSHORE TRANSACTION”
AS DEFINED IN, AND IN ACCORDANCE WITH RULE 903 OR RULE 904 OF, REGULATION S UNDER THE SECURITIES ACT, OR (3) TO INSTITUTIONS THAT ARE
“ACCREDITED INVESTORS” WITHIN THE MEANING OF RULE 501(a)(1), (2), (3) OR (7) OF REGULATION D UNDER THE SECURITIES ACT (“REGULATION
D”) OR ANY ENTITY IN WHICH ALL OF THE EQUITY OWNERS ARE “ACCREDITED INVESTORS” WITHIN THE MEANING OF RULE 501(a)(1),
(2), (3) OR (7) OF REGULATION D (COLLECTIVELY, “INSTITUTIONAL ACCREDITED INVESTORS”), AND (B) IN EACH CASE IN ACCORDANCE
WITH ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION.

THIS CERTIFICATE MAY NOT BE PURCHASED
BY OR PLEDGED, SOLD OR OTHERWISE TRANSFERRED TO ANY PERSON THAT IS OR BECOMES AN EMPLOYEE BENEFIT PLAN OR OTHER PLAN THAT IS SUBJECT TO
THE

    	 	A-3-1	 

     

    

FIDUCIARY RESPONSIBILITY PROVISIONS OF
THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), OR TO SECTION 4975 OF THE INTERNAL REVENUE
CODE OF 1986, AS AMENDED (THE “CODE”), OR A GOVERNMENTAL PLAN (AS DEFINED IN SECTION 3(32) OF ERISA) OR OTHER PLAN
THAT IS SUBJECT TO ANY FEDERAL, STATE OR LOCAL LAW THAT IS, TO A MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS OF ERISA OR THE
CODE, OR ANY PERSON ACTING ON BEHALF OF ANY SUCH PLAN (INCLUDING AN ENTITY WHOSE UNDERLYING ASSETS INCLUDE PLAN ASSETS WITHIN THE MEANING
OF DEPARTMENT OF LABOR REGULATION § 2510.3-101, AS MODIFIED BY SECTION 3(42) OF ERISA) OR USING THE ASSETS OF SUCH PLAN TO ACQUIRE
THIS CERTIFICATE.

THIS CERTIFICATE REPRESENTS AN UNDIVIDED beneficial
INTEREST IN A PORTION OF THE EXCESS INTEREST GRANTOR TRUST ASSETS.

EACH PURCHASER OF THIS CERTIFICATE SHALL BE REQUIRED TO DELIVER
AN INVESTMENT REPRESENTATION LETTER SUBSTANTIALLY IN THE FORM OF EXHIBIT C TO THE POOLING AND SERVICING AGREEMENT.

    	 	A-3-2	 

     

    

	
    PERCENTAGE INTEREST
    EVIDENCED BY THIS CERTIFICATE: [_]%

    DATE OF POOLING
    AND SERVICING AGREEMENT: AS OF MAY 1, 2022

    CUT-OFF DATE:
    AS SET FORTH IN THE POOLING AND SERVICING AGREEMENT (AS DEFINED HEREIN)

    CLOSING DATE:
    MAY 5, 2022

    FIRST DISTRIBUTION
    DATE:

    JUNE 17, 2022

     
	
    GENERAL MASTER
    SERVICER:

    WELLS FARGO BANK, NATIONAL ASSOCIATION

    GENERAL SPECIAL SERVICER:

    RIALTO CAPITAL ADVISORS, LLC

     

    TRUSTEE: WILMINGTON
    TRUST, NATIONAL ASSOCIATION

    NCB MASTER SERVICER AND NCB SPECIAL SERVICER: NATIONAL COOPERATIVE
    BANK, N.A.

    TRUSTEE: WILMINGTON TRUST, NATIONAL ASSOCIATION

    CERTIFICATE
    ADMINISTRATOR:

    COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION

    OPERATING ADVISOR:

    PENTALPHA SURVEILLANCE LLC

    ASSET REPRESENTATIONS
    REVIEWER: PENTALPHA SURVEILLANCE LLC

    CUSIP NO.: [
    ]

    ISIN NO.: [
    ]

    CERTIFICATE
    NO.: V-[_]

 

    	 	A-3-3	 

     

    

CLASS V CERTIFICATE

evidencing a beneficial ownership interest in a Trust Fund, consisting
primarily of a pool of commercial mortgage loans (the “Mortgage Loans”), all payments on or collections in respect of the
Mortgage Loans due after the Cut-off Date, all REO Properties and revenues received in respect thereof, the mortgagee’s rights under
the insurance policies, any Assignment of Leases, and any guaranties or other collateral as security for the Mortgage Loans and such amounts
as shall from time to time be held in each applicable Collection Account, the Distribution Accounts, the Interest Reserve Account, the
Gain-on-Sale Reserve Account, the Retained Certificate Gain-on-Sale Reserve Account, the Excess Interest Distribution Account and the
REO Accounts, formed and sold by

MORGAN STANLEY CAPITAL I INC.

THIS CERTIFIES THAT [____________________] is the registered owner
of the interest evidenced by this Certificate in the Class V Certificates issued by the Trust created pursuant to the Pooling and Servicing
Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Morgan Stanley Capital I Inc. (hereinafter
called the “Depositor”, which term includes any successor entity under the Pooling and Servicing Agreement), the Trustee,
the General Master Servicer, the General Special Servicer, the NCB Master Servicer, the NCB Special Servicer, the Certificate Administrator,
the Operating Advisor and the Asset Representations Reviewer. A summary of certain of the pertinent provisions of the Pooling and Servicing
Agreement is set forth hereafter. To the extent not defined herein, the capitalized terms used herein shall have the meanings assigned
thereto in the Pooling and Servicing Agreement.

This Certificate is one of
a duly authorized issue of Certificates designated as Certificates of the series specified on the face hereof (herein called the “Certificates”)
and representing the Percentage Interest in the Class of Certificates specified on the face hereof. The Certificates are designated as
the BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41 and are issued in the classes as specifically set
forth in the Pooling and Servicing Agreement. The Certificates will evidence in the aggregate 100% of the beneficial ownership of the
Trust Fund.

This Certificate does not
purport to summarize the Pooling and Servicing Agreement and reference is made to that agreement for information with respect to the interests,
rights, benefits, obligations, proceeds, and duties evidenced hereby and the rights, duties and obligations of the Trustee and the Certificate
Administrator. This Certificate is issued under and is subject to the terms, provisions and conditions of the Pooling and Servicing Agreement,
to which Pooling and Servicing Agreement, as amended from time to time, the Certificateholder by virtue of the acceptance hereof assents
and by which the Certificateholder is bound. In the case of any conflict between terms specified in this Certificate and terms specified
in the Pooling and Servicing Agreement, the terms of the Pooling and Servicing Agreement shall govern.

This Certificate represents an undivided beneficial
interest in a portion of the Excess Interest Grantor Trust Assets. Each Holder of this Certificate, by acceptance hereof, agrees to treat,
and take no action inconsistent with the treatment of, this Certificate in

    	 	A-3-4	 

     

    

accordance with the preceding sentence for purposes of federal
income taxes, state and local income and franchise taxes and other taxes imposed on or measured by income.

Pursuant to the terms of
the Pooling and Servicing Agreement the Certificate Administrator shall distribute to the Person in whose name this Certificate is registered
as of the related Record Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by
this Certificate) of the Excess Interest then distributable, if any, allocable to the Class of Certificates of the same Class as this
Certificate for such Distribution Date, all as more fully described in the Pooling and Servicing Agreement. All sums distributable on
this Certificate are payable in the coin or currency of the United States of America as at the time of payment is legal tender for the
payment of public and private debts.

This Certificate is limited
in right of payment to, among other things, Excess Interest actually collected on the Mortgage Loans, all as more specifically set forth
in the Pooling and Servicing Agreement. As provided in the Pooling and Servicing Agreement, each applicable Collection Account and the
Distribution Accounts will be held on behalf of the Trustee for the benefit of the Holders of Certificates specified in the Pooling and
Servicing Agreement and each Master Servicer (with respect to its Collection Account) or the Certificate Administrator (with respect to
the Distribution Accounts) will be authorized to make withdrawals therefrom. Amounts on deposit in such accounts may be invested in Permitted
Investments to the extent provided in the Pooling and Servicing Agreement. Interest or other investment income earned on funds in each
applicable Collection Account will be paid to the applicable Master Servicer as set forth in the Pooling and Servicing Agreement. As provided
in the Pooling and Servicing Agreement, withdrawals from each applicable Collection Account shall be made from time to time for purposes
other than distributions to Certificateholders, such purposes including reimbursement of certain expenses incurred with respect to the
servicing of the Mortgage Loans and administration of the Trust.

All distributions under the
Pooling and Servicing Agreement to a Class of Certificates shall be made on each Distribution Date (other than the final distribution
on any Certificate) to Certificateholders of record on the related Record Date by check mailed to the address set forth therefor in the
Certificate Register or, provided that such Certificateholder has provided the Certificate Administrator with wire instructions at least
five (5) Business Days prior to the related Record Date, by wire transfer of immediately available funds to the account of such Certificateholder
at a bank or other entity having appropriate facilities therefor. The final distribution on this Certificate (determined without regard
to any possible future reimbursement of Realized Losses or Retained Certificate Realized Losses, as applicable, previously allocated to
this Certificate) shall be made in like manner, but only upon presentment and surrender of this Certificate at the offices of the Certificate
Registrar or such other location specified in the notice to Certificateholders of such final distribution.

Any funds not distributed
to any Holder or Holders of Certificates of such Class on such Distribution Date because of the failure of such Holder or Holders to tender
their Certificates shall, on such date, be set aside and held uninvested in trust and credited to the account or accounts of the appropriate
non-tendering Holder or Holders. If any Certificates as to which notice has been given pursuant to the Pooling and Servicing Agreement
shall not have been surrendered for cancellation within six (6) months after the time specified in such notice, the Certificate

    	 	A-3-5	 

     

    

Administrator shall mail a second notice to
the remaining non-tendering Certificateholders to surrender their Certificates for cancellation in order to receive the final distribution
with respect thereto. If within one (1) year after the second notice all such Certificates shall not have been surrendered for cancellation,
the Certificate Administrator, directly or through an agent, shall take such steps to contact the remaining non-tendering Certificateholders
concerning the surrender of their Certificates as it shall deem appropriate, subject to applicable law with respect to escheatment of
funds. The costs and expenses of holding such funds in trust and of contacting such Certificateholders following the first anniversary
of the delivery of such second notice to the non-tendering Certificateholders shall be paid out of such funds. No interest shall accrue
or be payable to any Certificateholder on any amount held in trust under the Pooling and Servicing Agreement by the Certificate Administrator
as a result of such Certificateholder’s failure to surrender its Certificate(s) for final payment thereof in accordance with the
Pooling and Servicing Agreement.

As provided in the Pooling
and Servicing Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registerable in the
Certificate Register only upon surrender of this Certificate for registration of transfer at the office of the Certificate Registrar or
at the office of its transfer agent, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of
transfer in form satisfactory to the Certificate Registrar duly executed by the Holder hereof or such Holder’s attorney-in-fact
duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized Denominations will be issued to
the designated transferee or transferees.

The Class V Certificates
will be issued in fully registered, certificated form, in minimum percentage interests of 10% and integral multiples of 1% in excess thereof.

No fee or service charge
shall be imposed by the Certificate Registrar for its services in respect of any registration of transfer or exchange of any Certificate
(other than Definitive Certificates) referred to in Section 5.03 of the Pooling and Servicing Agreement. In connection with any transfer
to an Institutional Accredited Investor, the Transferor shall reimburse the Trust for any costs (including the cost of the Certificate
Registrar’s counsel’s review of the documents and any legal opinions, submitted by the transferor or transferee to the Certificate
Registrar as provided in Section 5.03 of the Pooling and Servicing Agreement) incurred by the Certificate Registrar in connection with
such transfer. The Certificate Registrar may require payment by each transferor of a sum sufficient to cover any tax, expense or other
governmental charge payable in connection with any such transfer or exchange.

The Trustee, the Certificate
Administrator, each applicable Master Servicer, each applicable Special Servicer and the Certificate Registrar, and any agent of any of
them, may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Trustee,
the Certificate Administrator, each applicable Master Servicer, each applicable Special Servicer, the Certificate Registrar, or any agent
of any of them, shall be affected by any notice to the contrary.

The Pooling and Servicing
Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations
of the Certificateholders under the Pooling and Servicing Agreement at any time by the parties thereto with the consent of the Holders
of Certificates of each Class affected by such amendment

    	 	A-3-6	 

     

    

evidencing in the aggregate not less than a
majority of the aggregate Percentage Interests constituting the Class. Any such consent by the Holder of this Certificate shall be conclusive
and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in
exchange herefor or in lieu hereof whether or not notation of such consent is made upon the Certificate. The Pooling and Servicing Agreement
also permits the amendment thereof, in certain circumstances, without the consent of the Holders of any of the Certificates.

The Holder of the majority
of the Controlling Class, the Special Servicer servicing the greater principal balance of the Mortgage Loans as of that time, the other
Special Servicer, the Master Servicer servicing the greater principal balance of the Mortgage Loans as of that time, the other Master
Servicer, or the Holders of the Class R Certificates, in that order of priority, may, at their option, elect to purchase all of the Mortgage
Loans (and all property acquired through exercise of remedies in respect of any related Mortgage Loan) and the Trust’s portion of
each REO Property remaining in the Trust Fund as contemplated by clause (ii) of the first paragraph of Section 9.01 in the Pooling and
Servicing Agreement by giving written notice to the Trustee, the Certificate Administrator and the other parties to the Pooling and Servicing
Agreement no later than sixty (60) days prior to the anticipated date of purchase; provided, however, that the Holders of
the Controlling Class, any Special Servicer, any Master Servicer, or the Holders of the Class R Certificates may so elect to purchase
all of the Mortgage Loans and the Trust’s portion of each REO Property remaining in the Trust Fund only on or after the first Distribution
Date on which the aggregate Stated Principal Balances of the Mortgage Loans and the portion of any REO Loans held by the Trust is less
than 1.0% of the aggregate Cut-off Date Balance of the Mortgage Loans (solely for the purposes of this calculation, if such right is being
exercised after May 2032 and the 1600 Broadway Mortgage Loan is still an asset of the Trust Fund, then such Mortgage Loan that is still
an asset of the Trust Fund shall be excluded from the aggregate Cut-off Date Balance of the Mortgage Loans and the aggregate Stated Principal
Balance of the Mortgage Loans as of the related determination date).

Following the date on which
the Class A-1, Class A-SB, Class D and Class E Certificates and the Class A-3, Class A-4, Class A-S, Class B and Class C Exchangeable
Upper-Tier Regular Interests are no longer outstanding (and provided that there is only one Holder (or multiple Holders acting
in unanimity) of the then-outstanding Certificates (other than the Class V Certificates, Class R Certificates and RR Interest)), the Sole
Certificateholder shall have the right, with the consent of each applicable Master Servicer, to exchange all of its Certificates (other
than the Class V Certificates, Class R Certificates and RR Interest) together with the payment or deemed payment of the Termination Purchase
Amount for all of the Mortgage Loans and each REO Property remaining in the Trust Fund pursuant to the terms of the Pooling and Servicing
Agreement.

The obligations created by
the Pooling and Servicing Agreement and the Trust created thereby (other than the obligation of the Certificate Administrator to make
payments to Certificateholders as provided for in the Pooling and Servicing Agreement), shall terminate upon reduction of the Certificate
Balances of all the Certificates to zero (including, without limitation, any such final payment resulting from a termination of the Trust
due to a sale of its property) pursuant to the terms of the Pooling and Servicing Agreement. In no event, however, will the 

    	 	A-3-7	 

     

    

Trust created
by the Pooling and Servicing Agreement continue beyond the expiration of 21 years from the death of the last survivor of the
descendants of Joseph P. Kennedy, the late Ambassador of the United States to the Court of St. James, living on the date hereof.

Unless the certificate of
authentication hereon has been executed by the Authenticating Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or be valid for any purpose. The Certificate Registrar has executed this Certificate
on behalf of the Trust as Certificate Registrar under the Pooling and Servicing Agreement and makes no representation or warranty as to
any of the statements contained herein or the validity or sufficiency of the Certificates or the Mortgage Loans.

THIS CERTIFICATE AND
THE POOLING AND SERVICING AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH, AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD
TO CONFLICT OF LAWS PRINCIPLES APPLIED IN NEW YORK.

    	 	A-3-8	 

     

    

IN WITNESS WHEREOF,
the Certificate Registrar has caused this Certificate to be duly executed under this official seal.

  

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION, not in its individual
 capacity but solely as Certificate Registrar under the Pooling and Servicing Agreement
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 		By:	 
	 	 	 	Name:

Title:

 

		Dated:	May ___, 2022

CERTIFICATE OF AUTHENTICATION

THIS IS ONE OF THE
CLASS V CERTIFICATES REFERRED TO IN THE WITHIN-MENTIONED POOLING AND SERVICING AGREEMENT.

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION, as Authenticating Agent
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	By:	 
	 	 	 	Name:

Title:

    	 	A-3-9	 

     

    

ABBREVIATIONS

The following abbreviations, when used in the inscription on
the face of this Certificate, shall be construed as though they were written out in full according to applicable laws or regulations:

	TEN COM   	-   	as tenant in common	UNIF
                                         GIFT MIN ACT __________ 
	TEN
        ENT	-	as tenants by the entireties	Custodian
	JT TEN	-	as joint tenants with rights of 	(Cust)
	 	 	survivorship and not as 	Under
        Uniform Gifts to Minors
	 	 	tenants in common	Act
        __________________________
	 	 		
(State)

Additional abbreviations may also be used though not in the above
list.

FORM OF TRANSFER

FOR VALUE RECEIVED,
the undersigned hereby sells, assigns and transfers unto 

	 

                                                        

	(Please insert Social Security or other identifying
number of Assignee)
	 
	(Please print or typewrite name and address of assignee)
	 

the within Certificate and does hereby or irrevocably constitute
and appoint to transfer the said Certificate in the Certificate register of the within-named Trust, with full power of substitution in
the premises.

	Dated: _____________	  	NOTICE:  The
    signature to this assignment must correspond with the name as written upon the face of this Certificate in every particular without
    alteration or enlargement or any change whatever.

 

       

	 	 
	SIGNATURE GUARANTEED	 

The signature must be guaranteed by a commercial bank or trust
company or by a member firm of the New York Stock Exchange or another national securities exchange. Notarized or witnessed signatures
are not acceptable.

    	 	A-3-10	 

     

    

DISTRIBUTION INSTRUCTIONS

The assignee should include
the following for purposes of distribution:

Distributions shall be made, by wire transfer or otherwise, in immediately available funds to _________________________________ for the
account of __________________________ account number ____________________________ or, if mailed by check, to _____________________________________________.
Statements should be mailed to _______________________________________________________________. This information is provided by assignee
named above, or ______________________________, as its agent.

 

    	 	A-3-11	 

     

    

EXHIBIT A-4

[FORM OF] RR Interest

BANK
2022-BNK41

COMMERCIAL
MORTGAGE PASS-THROUGH CERTIFICATES

SERIES
2022-BNK41, RR INTEREST

[FOR BOOK-ENTRY CERTIFICATES ONLY AFTER
THE RR INTEREST TRANSFER RESTRICTION PERIOD:]3
[UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE CERTIFICATE REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME
OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE &
CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE
OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.

TRANSFERS OF THIS BOOK-ENTRY CERTIFICATE
SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE,
AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS BOOK-ENTRY CERTIFICATE SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS
SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.]

THIS CERTIFICATE DOES NOT REPRESENT AN INTEREST
IN OR OBLIGATION OF THE DEPOSITOR, THE BORROWERS, THE SPONSORS, ANY MASTER SERVICER, ANY SPECIAL SERVICER, THE TRUSTEE, THE CERTIFICATE
ADMINISTRATOR, THE OPERATING ADVISOR, THE ASSET REPRESENTATIONS REVIEWER, THE RISK RETENTION CONSULTATION PARTY, THE UNDERWRITERS, THE
INITIAL PURCHASERS, THE MORTGAGE LOAN SELLERS OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THIS CERTIFICATE NOR THE UNDERLYING MORTGAGE
LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

PRINCIPAL PAYMENTS IN RESPECT OF THIS CERTIFICATE
ARE DISTRIBUTABLE AS SET FORTH IN THE POOLING AND SERVICING AGREEMENT. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF

 

	3	Legend
  required as long as DTC is the Depository under the Pooling and Servicing Agreement.

    	 	A-4-1	 

     

    

THIS CERTIFICATE AT ANY TIME MAY BE LESS
THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

THE PORTION OF THE CERTIFICATE BALANCE OF
THE CERTIFICATES EVIDENCED BY THIS CERTIFICATE WILL BE DECREASED BY THE PORTION OF PRINCIPAL DISTRIBUTIONS ON THE CERTIFICATES AND THE
PORTION OF RETAINED CERTIFICATE REALIZED LOSSES ALLOCABLE TO THIS CERTIFICATE AND WILL BE INCREASED BY RECOVERIES ON THE RELATED MORTGAGE
LOANS FOR NONRECOVERABLE ADVANCES (PLUS INTEREST THEREON) THAT WERE PREVIOUSLY REIMBURSED FROM PRINCIPAL COLLECTIONS ON THE MORTGAGE LOANS
THAT RESULTED IN A REDUCTION OF THE RETAINED CERTIFICATE PRINCIPAL DISTRIBUTION AMOUNT. ACCORDINGLY, THE CERTIFICATE BALANCE OF THIS CERTIFICATE
MAY BE LESS THAN THAT SET FORTH BELOW. ANYONE ACQUIRING THIS CERTIFICATE MAY ASCERTAIN ITS CURRENT CERTIFICATE BALANCE BY INQUIRY OF THE
CERTIFICATE ADMINISTRATOR. 

THIS CERTIFICATE HAS NOT BEEN AND WILL NOT
BE REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY STATE OR FOREIGN
SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT THIS CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE
TRANSFERRED ONLY (A)(1) PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE 144A”) TO A PERSON THAT THE HOLDER REASONABLY
BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER”, WITHIN THE MEANING OF RULE 144A (A “QIB”), OR IS PURCHASING
FOR THE ACCOUNT OF A QIB, AND WHOM THE HOLDER HAS INFORMED THAT THE REOFFER, RESALE, PLEDGE, OR OTHER TRANSFER IS BEING MADE IN RELIANCE
ON RULE 144A, (2) TO AN INSTITUTION THAT IS A NON-“U.S. PERSON” IN AN “OFFSHORE TRANSACTION” AS DEFINED IN, AND
IN ACCORDANCE WITH RULE 903 OR RULE 904 OF, REGULATION S UNDER THE SECURITIES ACT, OR (3) TO INSTITUTIONS THAT ARE “ACCREDITED INVESTORS”
WITHIN THE MEANING OF RULE 501(a)(1), (2), (3) OR (7) OF REGULATION D UNDER THE SECURITIES ACT (“REGULATION D”) OR
ANY ENTITY IN WHICH ALL OF THE EQUITY OWNERS ARE “ACCREDITED INVESTORS” WITHIN THE MEANING OF RULE 501(a)(1), (2), (3) OR
(7) OF REGULATION D (COLLECTIVELY, “INSTITUTIONAL ACCREDITED INVESTORS”), AND (B) IN EACH CASE IN ACCORDANCE WITH ANY
APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION.

THE INITIAL INVESTOR IN THIS CERTIFICATE,
AND EACH SUBSEQUENT PURCHASER OF THIS CERTIFICATE, BY PURCHASING THIS CERTIFICATE OR AN INTEREST HEREIN, IS DEEMED TO HAVE AGREED TO COMPLY
WITH CERTAIN TRANSFER REQUIREMENTS SET FORTH IN THE POOLING AND SERVICING AGREEMENT. 

    	 	A-4-2	 

     

    

THIS CERTIFICATE MAY NOT BE PURCHASED BY
OR PLEDGED, SOLD OR OTHERWISE TRANSFERRED TO ANY PERSON THAT IS OR BECOMES AN EMPLOYEE BENEFIT PLAN OR OTHER PLAN THAT IS SUBJECT TO THE
FIDUCIARY RESPONSIBILITY PROVISIONS OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), OR
TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”), OR A GOVERNMENTAL PLAN (AS DEFINED IN
SECTION 3(32) OF ERISA) OR OTHER PLAN THAT IS SUBJECT TO ANY FEDERAL, STATE OR LOCAL LAW THAT IS, TO A MATERIAL EXTENT, SIMILAR TO THE
FOREGOING PROVISIONS OF ERISA OR THE CODE (“SIMILAR LAW”), OR ANY PERSON ACTING ON BEHALF OF ANY SUCH PLAN (INCLUDING
AN ENTITY WHOSE UNDERLYING ASSETS INCLUDE PLAN ASSETS WITHIN THE MEANING OF DEPARTMENT OF LABOR REGULATION § 2510.3-101, AS MODIFIED
BY SECTION 3(42) OF ERISA) OR USING THE ASSETS OF SUCH PLAN TO ACQUIRE THIS CERTIFICATE, UNLESS (A)(I) SUCH PERSON IS AN “INSURANCE
COMPANY GENERAL ACCOUNT” WITHIN THE MEANING OF PROHIBITED TRANSACTION CLASS EXEMPTION 95-60, AND (II) ALL CONDITIONS OF SECTIONS
I AND III OF PROHIBITED TRANSACTION CLASS EXEMPTION 95-60 WILL BE MET WITH RESPECT TO SUCH INSURANCE COMPANY GENERAL ACCOUNT’S ACQUISITION,
HOLDING AND DISPOSITION OF THIS CERTIFICATE, OR (B) WITH RESPECT TO THE ACQUISITION, HOLDING OR DISPOSITION OF THIS CERTIFICATE BY ANY
PLAN SUBJECT TO SIMILAR LAW, SUCH ACQUISITION, HOLDING AND DISPOSITION BY SUCH PLAN WOULD NOT CONSTITUTE OR OTHERWISE RESULT IN A NON-EXEMPT
VIOLATION OF SIMILAR LAW.

THIS CERTIFICATE REPRESENTS (I) A “REGULAR
INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT”, AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1)
AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED AND (II) AN UNDIVIDED BENEFICIAL INTEREST IN A PORTION OF THE EXCESS INTEREST
GRANTOR TRUST ASSETS.

    	 	A-4-3	 

     

    

 

	
    PASS-THROUGH RATE: THE WEIGHTED AVERAGE NET MORTGAGE RATE

    INITIAL CERTIFICATE BALANCE OF THIS CERTIFICATE AS OF THE CLOSING
    DATE: $[            ]

    DATE OF POOLING AND SERVICING AGREEMENT: AS OF MAY 1, 2022

    CUT-OFF DATE: AS SET FORTH IN THE POOLING AND SERVICING AGREEMENT
    (AS DEFINED HEREIN)

    CLOSING DATE: MAY 5, 2022

    FIRST DISTRIBUTION DATE:

    JUNE 17, 2022

    APPROXIMATE AGGREGATE

    CERTIFICATE BALANCE OF THE RR INTEREST

    AS OF THE CLOSING DATE: $[_________]
	
    GENERAL MASTER SERVICER:

    WELLS FARGO BANK, NATIONAL ASSOCIATION

    GENERAL SPECIAL SERVICER:

    RIALTO CAPITAL ADVISORS, LLC

    NCB MASTER SERVICER AND NCB SPECIAL SERVICER: NATIONAL COOPERATIVE
    BANK, N.A.

    TRUSTEE:

    WILMINGTON TRUST, NATIONAL ASSOCIATION

    CERTIFICATE ADMINISTRATOR:

    COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION

    OPERATING
    Advisor: 

    PENTALPHA SURVEILLANCE LLC

    ASSET REPRESENTATIONS REVIEWER:

    PENTALPHA SURVEILLANCE LLC

    CUSIP NO.: [______]

    CERTIFICATE NO.: RR-[_]

 

    	 	A-4-4	 

     

    

 

RR INTEREST

evidencing a beneficial ownership interest
in a Trust Fund, consisting primarily of a pool of commercial mortgage loans (the “Mortgage Loans”), all payments on
or collections in respect of the Mortgage Loans due after the Cut-off Date, all REO Properties and revenues received in respect thereof,
the mortgagee’s rights under the insurance policies, any Assignment of Leases, and any guaranties or other collateral as security
for the Mortgage Loans and such amounts as shall from time to time be held in each applicable Collection Account, the Distribution Accounts,
the Interest Reserve Account, the Retained Certificate Gain-on-Sale Reserve Account, the Retained Certificate Gain-on-Sale Reserve Account,
the Excess Interest Distribution Account and the REO Accounts, formed and sold by

MORGAN STANLEY CAPITAL I INC.

THIS CERTIFIES THAT [FOR BOOK-ENTRY CERTIFICATES
ONLY AFTER THE RR INTEREST TRANSFER RESTRICTION PERIOD: CEDE & CO.] [FOR DEFINITIVE CERTIFICATES: [MORGAN STANLEY BANK, N.A.][BANK
OF AMERICA, NATIONAL ASSOCIATION][WELLS FARGO BANK, NATIONAL ASSOCIATION] is the registered owner of the interest evidenced by this Certificate
in the RR Interest issued by the Trust created pursuant to the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling
and Servicing Agreement”), between Morgan Stanley Capital I Inc. (hereinafter called the “Depositor”, which
term includes any successor entity under the Pooling and Servicing Agreement), the Trustee, the General Master Servicer, the General Special
Servicer, the NCB Master Servicer, the NCB Special Servicer, the Certificate Administrator, the Operating Advisor and the Asset Representations
Reviewer. A summary of certain of the pertinent provisions of the Pooling and Servicing Agreement is set forth hereafter. To the extent
not defined herein, the capitalized terms used herein shall have the meanings assigned thereto in the Pooling and Servicing Agreement.

This Certificate is one of
a duly authorized issue of Certificates designated as Certificates of the series specified on the face hereof (herein called the “Certificates”)
and representing an interest in the Class of Certificates specified on the face hereof equal to the quotient expressed as a percentage
obtained by dividing the Denomination of this Certificate specified on the face hereof, by the aggregate initial Certificate Balance of
the RR Interest. The Certificates are designated as the BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41
and are issued in the classes as specifically set forth in the Pooling and Servicing Agreement. The Certificates will evidence in the
aggregate 100% of the beneficial ownership of the Trust Fund.

This Certificate does not
purport to summarize the Pooling and Servicing Agreement and reference is made to that agreement for information with respect to the interests,
rights, benefits, obligations, proceeds, and duties evidenced hereby and the rights, duties and obligations of the Trustee and the Certificate
Administrator. This Certificate is issued under and is subject to the terms, provisions and conditions of the Pooling and Servicing Agreement,
to which Pooling and Servicing Agreement, as amended from time to time, the Certificateholder by virtue of the acceptance hereof assents
and by which the Certificateholder is bound. In the case of any conflict between terms specified in this Certificate and terms specified
in the Pooling and Servicing Agreement, the terms of the Pooling and Servicing Agreement shall govern.

    	 	A-4-5	 

     

    

This Certificate represents
(i) a “regular interest” in a “real estate mortgage investment conduit”, as those terms are defined, respectively,
in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended (the “Code”) and (ii) an undivided
beneficial interest in a portion of the Excess Interest Grantor Trust Assets. Each Holder of this Certificate, by acceptance hereof, agrees
to treat, and take no action inconsistent with the treatment of, this Certificate in accordance with the preceding sentence for purposes
of federal income taxes, state and local income and franchise taxes and other taxes imposed on or measured by income.

Pursuant to the terms of
the Pooling and Servicing Agreement, the Certificate Administrator shall distribute to the Person in whose name this Certificate is registered
as of the related Record Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented
by this Certificate) of that portion of the aggregate amount of principal and interest (including Excess Interest) then distributable,
if any, allocable to the Class of Certificates of the same Class as this Certificate for such Distribution Date, all as more fully described
in the Pooling and Servicing Agreement. Holders of this Certificate may be entitled to Prepayment Premiums and Yield Maintenance Charges
as provided in the Pooling and Servicing Agreement. All sums distributable on this Certificate are payable in the coin or currency of
the United States of America as at the time of payment is legal tender for the payment of public and private debts.

Interest on this Certificate
will accrue (computed as if each year consisted of 360 days and each month consisted of 30 days) during the Interest Accrual Period relating
to such Distribution Date at the Pass-Through Rate on the Certificate Balance of this Certificate immediately prior to each Distribution
Date. Principal and interest allocated to this Certificate on any Distribution Date will be in an amount equal to this Certificate’s
pro rata share of the Retained Certificate Available Funds to be distributed on the Certificates of this Class as of such Distribution
Date, with a final distribution to be made upon retirement of this Certificate as set forth in the Pooling and Servicing Agreement.

Retained Certificate Realized
Losses and certain other amounts on the Mortgage Loans shall be allocated on the applicable Distribution Date to Certificateholders in
the manner set forth in the Pooling and Servicing Agreement. All Retained Certificate Realized Losses allocated to the RR Interest will
be allocated pro rata among the outstanding Certificates of such Class.

This Certificate is limited
in right of payment to, among other things, certain collections and recoveries respecting the Mortgage Loans and Excess Interest actually
collected on the Mortgage Loans, all as more specifically set forth in the Pooling and Servicing Agreement. As provided in the Pooling
and Servicing Agreement, each applicable Collection Account and the Distribution Accounts will be held on behalf of the Trustee for the
benefit of the Holders of Certificates specified in the Pooling and Servicing Agreement and each Master Servicer (with respect to its
Collection Account) or the Certificate Administrator (with respect to the Distribution Accounts) will be authorized to make withdrawals
therefrom. Amounts on deposit in such accounts may be invested in Permitted Investments to the extent provided in the Pooling and Servicing
Agreement. Interest or other investment income earned on funds in each applicable Collection Account will be paid to the applicable Master
Servicer as set forth in the Pooling and Servicing Agreement. As provided in the Pooling and Servicing Agreement, withdrawals from each
applicable Collection Account shall be made from time to time for purposes other than

    	 	A-4-6	 

     

    

distributions to Certificateholders, such purposes
including reimbursement of certain expenses incurred with respect to the servicing of the Mortgage Loans and administration of the Trust.

All distributions under the
Pooling and Servicing Agreement to a Class of Certificates shall be made on each Distribution Date (other than the final distribution
on any Certificate) to Certificateholders of record on the related Record Date by check mailed to the address set forth therefor in the
Certificate Register or, provided that such Certificateholder has provided the Certificate Administrator with wire instructions
at least five (5) Business Days prior to the related Record Date, by wire transfer of immediately available funds to the account of such
Certificateholder at a bank or other entity having appropriate facilities therefor. The final distribution on this Certificate (determined
without regard to any possible future reimbursement of Realized Losses or Retained Certificate Realized Losses, as applicable, previously
allocated to this Certificate) shall be made in like manner, but only upon presentment and surrender of this Certificate at the offices
of the Certificate Registrar or such other location specified in the notice to Certificateholders of such final distribution.

Any funds not distributed
to any Holder or Holders of Certificates of such Class on such Distribution Date because of the failure of such Holder or Holders to tender
their Certificates shall, on such date, be set aside and held uninvested in trust and credited to the account or accounts of the appropriate
non-tendering Holder or Holders. If any Certificates as to which notice has been given pursuant to the Pooling and Servicing Agreement
shall not have been surrendered for cancellation within six (6) months after the time specified in such notice, the Certificate Administrator
shall mail a second notice to the remaining non-tendering Certificateholders to surrender their Certificates for cancellation in order
to receive the final distribution with respect thereto. If within one (1) year after the second notice all such Certificates shall not
have been surrendered for cancellation, the Certificate Administrator, directly or through an agent, shall take such steps to contact
the remaining non-tendering Certificateholders concerning the surrender of their Certificates as it shall deem appropriate, subject
to applicable law with respect to escheatment of funds. The costs and expenses of holding such funds in trust and of contacting such Certificateholders
following the first anniversary of the delivery of such second notice to the non-tendering Certificateholders shall be paid out of such
funds. No interest shall accrue or be payable to any Certificateholder on any amount held in trust under the Pooling and Servicing Agreement
by the Certificate Administrator as a result of such Certificateholder’s failure to surrender its Certificate(s) for final payment
thereof in accordance with the Pooling and Servicing Agreement.

As provided in the Pooling
and Servicing Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registerable in the
Certificate Register only upon receipt by the Certificate Administrator of (i) a certificate from the prospective Transferee in the form
set forth in the Pooling and Servicing Agreement, countersigned by the Retaining Sponsor and (ii) a certificate from the prospective Transferor
in the form set forth in the Pooling and Servicing Agreement.

The RR Interest will be issued
in fully registered, certificated form in minimum denominations of $1, and in integral multiples of $0.01 in excess thereof, with one
Certificate of each such Class evidencing an additional amount equal to the remainder of the initial Certificate Balance of such Class.

    	 	A-4-7	 

     

    

No fee or service charge
shall be imposed by the Certificate Registrar for its services in respect of any registration of transfer or exchange of any Certificate
(other than Definitive Certificates) referred to in Section 5.03 of the Pooling and Servicing Agreement. In connection with any transfer
to an Institutional Accredited Investor, the Transferor shall reimburse the Trust for any costs (including the cost of the Certificate
Registrar’s counsel’s review of the documents and any legal opinions, submitted by the transferor or transferee to the Certificate
Registrar as provided in Section 5.03 of the Pooling and Servicing Agreement) incurred by the Certificate Registrar in connection with
such transfer. The Certificate Registrar may require payment by each transferor of a sum sufficient to cover any tax, expense or other
governmental charge payable in connection with any such transfer or exchange.

The Trustee, the Certificate
Administrator, the applicable Master Servicer, the applicable Special Servicer and the Certificate Registrar, and any agent of any of
them, may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Trustee,
the Certificate Administrator, each applicable Master Servicer, each applicable Special Servicer, the Certificate Registrar, or any agent
of any of them, shall be affected by any notice to the contrary.

The Pooling and Servicing
Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations
of the Certificateholders under the Pooling and Servicing Agreement at any time by the parties thereto with the consent of the Holders
of Certificates of each Class affected by such amendment evidencing in the aggregate not less than a majority of the aggregate Percentage
Interests constituting the Class. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and
upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof
whether or not notation of such consent is made upon the Certificate. The Pooling and Servicing Agreement also permits the amendment thereof,
in certain circumstances, without the consent of the Holders of any of the Certificates.

The Holder of the majority
of the Controlling Class, the Special Servicer servicing the greater principal balance of the Mortgage Loans as of that time, the other
Special Servicer, the Master Servicer servicing the greater principal balance of the Mortgage Loans as of that time, the other Master
Servicer, or the Holders of the Class R Certificates, in that order of priority, may, at their option, elect to purchase all of the Mortgage
Loans (and all property acquired through exercise of remedies in respect of any related Mortgage Loan) and the Trust’s portion of
each REO Property remaining in the Trust Fund as contemplated by clause (ii) of the first paragraph of Section 9.01 in the Pooling and
Servicing Agreement by giving written notice to the Trustee, the Certificate Administrator and the other parties to the Pooling and Servicing
Agreement no later than sixty (60) days prior to the anticipated date of purchase; provided, however, that the Holders of
the Controlling Class, any Special Servicer, any Master Servicer, or the Holders of the Class R Certificates may so elect to purchase
all of the Mortgage Loans and the Trust’s portion of each REO Property remaining in the Trust Fund only on or after the first Distribution
Date on which the aggregate Stated Principal Balances of the Mortgage Loans and the portion of any REO Loans held by the Trust is less
than 1.0% of the aggregate Cut-off Date Balance of the Mortgage Loans (solely for the purposes of this calculation, if such right is being
exercised after May 2032 and the 1600 Broadway Mortgage Loan is still an asset of the Trust Fund, then such Mortgage Loan that

    	 	A-4-8	 

     

    

is still an asset of the Trust Fund shall be
excluded from the aggregate Cut-off Date Balance of the Mortgage Loans and the aggregate Stated Principal Balance of the Mortgage Loans
as of the related determination date).

Following the date on which
the Class A-1, Class A-SB, Class D and Class E Certificates and the Class A-3, Class A-4, Class A-S, Class B and Class C Exchangeable
Upper-Tier Regular Interests are no longer outstanding (and provided that there is only one Holder (or multiple Holders acting
in unanimity) of the then-outstanding Certificates (other than the Class V Certificates, Class R Certificates and RR Interest)), the
Sole Certificateholder shall have the right, with the consent of each applicable Master Servicer, to exchange all of its Certificates
(other than the Class V Certificates, Class R Certificates and RR Interest) together with the payment or deemed payment of the Termination
Purchase Amount for all of the Mortgage Loans and each REO Property remaining in the Trust Fund pursuant to the terms of the Pooling and
Servicing Agreement.

The obligations created by
the Pooling and Servicing Agreement and the Trust created thereby (other than the obligation of the Certificate Administrator to make
payments to Certificateholders as provided for in the Pooling and Servicing Agreement), shall terminate upon reduction of the Certificate
Balances of all the Certificates to zero (including, without limitation, any such final payment resulting from a termination of the Trust
due to a sale of its property) pursuant to the terms of the Pooling and Servicing Agreement. In no event, however, will the Trust created
by the Pooling and Servicing Agreement continue beyond the expiration of 21 years from the death of the last survivor of the descendants
of Joseph P. Kennedy, the late Ambassador of the United States to the Court of St. James, living on the date hereof.

Unless the certificate of
authentication hereon has been executed by the Authenticating Agent, by manual signature, this Certificate shall not be entitled to any
benefit under the Pooling and Servicing Agreement or be valid for any purpose. The Certificate Registrar has executed this Certificate
on behalf of the Trust as Certificate Registrar under the Pooling and Servicing Agreement and makes no representation or warranty as to
any of the statements contained herein or the validity or sufficiency of the Certificates or the Mortgage Loans.

THIS CERTIFICATE
AND THE POOLING AND SERVICING AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH, AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK WITHOUT
REGARD TO CONFLICT OF LAWS PRINCIPLES APPLIED IN NEW YORK.

    	 	A-4-9	 

     

    

IN WITNESS WHEREOF,
the Certificate Registrar has caused this Certificate to be duly executed under this official seal.

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION, not in its individual capacity but solely as Certificate Registrar under the Pooling and Servicing Agreement
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:

Title:

Dated: May ___, 2022

CERTIFICATE OF AUTHENTICATION

THIS IS A PART OF THE
RR INTEREST REFERRED TO IN THE WITHIN-MENTIONED POOLING AND SERVICING AGREEMENT.

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION, as Authenticating Agent
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:

  Title:

 

    	 	A-4-10	 

     

    

ABBREVIATIONS

The following abbreviations, when used in the
inscription on the face of this Certificate, shall be construed as though they were written out in full according to applicable laws or
regulations:

 

	TEN COM   	-   	as tenant in common	UNIF
                                         GIFT MIN ACT __________ 
	TEN
        ENT	-	as tenants by the entireties	Custodian
	JT TEN	-	as joint tenants with rights of 	(Cust)
	 	 	survivorship and not as tenants in	Under
        Uniform Gifts to Minors
	 	 	 common	Act
        __________________________
	 	 		
(State)

Additional abbreviations
may also be used though not in the above list.

  

FORM OF TRANSFER

FOR VALUE RECEIVED, the
undersigned hereby sells, assigns and transfers unto

	 

                                                        

	(Please insert Social Security or other identifying
number of Assignee)
	 
	(Please print or typewrite name and address of assignee)
	 

the within Certificate and does hereby or irrevocably
constitute and appoint to transfer the said Certificate in the Certificate register of the within-named Trust, with full power of substitution
in the premises.

 

	Dated:_____________	  	NOTICE:  The signature to this assignment must correspond with the name as written upon the face of this Certificate in every particular without alteration or enlargement or any change whatever.

 

	 	 
	SIGNATURE GUARANTEED	 

The signature must be guaranteed by a commercial
bank or trust company or by a member firm of the New York Stock Exchange or another national securities exchange. Notarized or witnessed
signatures are not acceptable.

 

    	 	A-4-11	 

     

    

DISTRIBUTION INSTRUCTIONS

The assignee should include
the following for purposes of distribution:

Distributions shall be
made, by wire transfer or otherwise, in immediately available funds to _________________________________ for the account of __________________________________
account number _______________ or, if mailed by check, to _______________________________________. Statements should be mailed to _______________________________________________________________.
This information is provided by assignee named above, or ______________________________, as its agent.

 

    	 	A-4-12	 

     

    

 

EXHIBIT B

MORTGAGE LOAN SCHEDULE

 

 

 

    	 

    

    

	BANK 2022-BNK41
	Mortgage Loan Schedule

 

	Loan ID	Mortgage

Loan Seller	Property Name 	Cut-off Date

Balance	Address 	City 	State 	Note Date	Maturity Date or ARD	Mortgage

Rate 	Original Term

to Maturity or ARD (mos.) 	Remaining Term

to Maturity or ARD (mos.) 	Original 

Amortization 

Term (mos.) 	ARD Loan (Y/N)	Primary Servicing

Fee Rate	Non-Serviced Primary Servicing Fee Rate	Master Servicing Fee Rate
	1	MSMCH	Constitution Center	$110,000,000	400 7th Street Southwest	Washington	DC	2/16/2022	3/9/2032	3.0494%	120	118	0	No	0.000000%	0.002500%	0.002500%
	2	BANA	1600 Broadway	$98,000,000	1600 Broadway	New York	NY	2/24/2022	3/1/2032	3.4510%	120	118	0	Yes	0.002500%	0.000000%	0.002500%
	3	WFB	Dallas Design District	$85,000,000	Various	Dallas	TX	2/14/2022	3/11/2032	4.5770%	120	118	0	No	0.002500%	0.000000%	0.002500%
	4.00	WFB/BANA	Life Science Office Portfolio	$79,800,000	Various	Various	Various	1/28/2022	2/11/2032	3.4570%	120	117	0	No	0.000000%	0.002500%	0.002500%
	4.01	WFB/BANA	21717 & 21823 30th Drive SE	$15,598,419	21717 & 21823 30th Drive Southeast	Bothell	WA	 	 	 	 	 	 	 	 	 	 
	4.02	WFB/BANA	47900 Bayside Parkway	$11,772,392	47900 Bayside Parkway	Fremont	CA	 	 	 	 	 	 	 	 	 	 
	4.03	WFB/BANA	2904 Orchard Parkway	$11,309,905	2904 Orchard Parkway	San Jose	CA	 	 	 	 	 	 	 	 	 	 
	4.04	WFB/BANA	4770 Regent Boulevard	$8,703,161	4770 Regent Boulevard	Irving	TX	 	 	 	 	 	 	 	 	 	 
	4.05	WFB/BANA	1111 W. 34th Street	$7,525,922	1111 West 34th Street	Austin	TX	 	 	 	 	 	 	 	 	 	 
	4.06	WFB/BANA	330 Baker Ave	$7,294,679	330 Baker Avenue	Concord	MA	 	 	 	 	 	 	 	 	 	 
	4.07	WFB/BANA	6300 Eighth Avenue	$6,432,771	6300 8th Avenue	Brooklyn	NY	 	 	 	 	 	 	 	 	 	 
	4.08	WFB/BANA	15 North Broadway	$6,222,550	15 North Broadway	White Plains	NY	 	 	 	 	 	 	 	 	 	 
	4.09	WFB/BANA	30 New Crossing Road	$4,940,200	30 New Crossing Road	Reading	MA	 	 	 	 	 	 	 	 	 	 
	5	WFB	601 Lexington Avenue	$65,567,280	601 Lexington Avenue	New York	NY	12/10/2021	1/9/2032	2.7920%	120	116	0	No	0.000000%	0.005000%	0.002500%
	6	BANA	2115 Wisconsin Avenue 	$54,900,000	2115 Wisconsin Avenue Northwest	Washington	DC	3/31/2022	4/1/2032	4.1750%	120	119	0	No	0.002500%	0.000000%	0.002500%
	7	BANA	UCI Research Park Phases 12 & 13	$50,000,000	5260, 5270, 5271, 5281, 5290, 5291, 5300 and 5301 California Avenue	Irvine	CA	2/4/2022	3/1/2032	3.1260%	120	118	0	No	0.000000%	0.002500%	0.002500%
	8	BANA	Norfolk Premium Outlets	$50,000,000	1600 Premium Outlets Boulevard	Norfolk	VA	3/9/2022	4/1/2032	4.5000%	120	119	360	No	0.002500%	0.000000%	0.002500%
	9	BANA	Shops at Dakota Crossing	$45,984,375	2438 Market Street Northeast	Washington	DC	3/17/2022	4/1/2032	4.8600%	120	119	0	No	0.002500%	0.000000%	0.002500%
	10.00	WFB	Shearer's Industrial Portfolio	$41,279,400	Various	Various	Various	2/16/2022	3/6/2032	3.9000%	120	118	0	No	0.000000%	0.001250%	0.002500%
	10.01	WFB	800 Northwest 4th Street	$7,061,941	800 Northwest 4th Street	Perham	MN	 	 	 	 	 	 	 	 	 	 
	10.02	WFB	4100 Millennium Boulevard Southeast	$6,741,800	4100 Millennium Boulevard Southeast	Massillon	OH	 	 	 	 	 	 	 	 	 	 
	10.03	WFB	3000 East Mount Pleasant Street	$6,082,685	3000 East Mount Pleasant Street	Burlington	IA	 	 	 	 	 	 	 	 	 	 
	10.04	WFB	7330 West Sherman Street	$5,348,243	7330 West Sherman Street	Phoenix	AZ	 	 	 	 	 	 	 	 	 	 
	10.05	WFB	821 Route 97	$4,557,306	821 Route 97	Waterford	PA	 	 	 	 	 	 	 	 	 	 
	10.06	WFB	3200 Northern Cross Boulevard	$4,143,005	3200 Northern Cross Boulevard	Fort Worth	TX	 	 	 	 	 	 	 	 	 	 
	10.07	WFB	3636 Medallion Avenue	$4,105,342	3636 Medallion Avenue	Newport	AR	 	 	 	 	 	 	 	 	 	 
	10.08	WFB	692 Wabash Avenue North	$1,694,866	692 Wabash Avenue North	Brewster	OH	 	 	 	 	 	 	 	 	 	 
	10.09	WFB	225 Commonwealth Avenue Extension	$1,544,211	225 Commonwealth Avenue Extension	Bristol	VA	 	 	 	 	 	 	 	 	 	 
	11	WFB	Village Green East Apartments	$28,150,000	3121 Village Court	Janesville	WI	2/9/2022	2/11/2032	4.5530%	120	117	360	No	0.020000%	0.000000%	0.002500%
	12	WFB	980 Jolly Road	$24,750,000	980 Jolly Road	Blue Bell	PA	1/21/2022	2/11/2032	3.6320%	120	117	0	No	0.002500%	0.000000%	0.002500%
	13	WFB	Journal Squared Tower 2	$23,500,000	605 Pavonia Avenue	Jersey City	NJ	11/30/2021	12/11/2031	3.4900%	120	115	0	No	0.000000%	0.007500%	0.002500%
	14	BANA	Storage Express I	$14,500,000	7400 West Oakland Park Boulevard	Lauderhill	FL	3/1/2022	3/1/2032	3.5810%	120	118	0	No	0.002500%	0.000000%	0.002500%
	15	BANA	Storage Express II	$6,500,000	500 Green Road	Pompano Beach	FL	3/1/2022	3/1/2032	3.5810%	120	118	0	No	0.002500%	0.000000%	0.002500%
	16.00	MSMCH	ExchangeRight Net Leased Portfolio #54	$19,893,833	Various	Various	Various	2/18/2022	3/1/2032	3.5016%	120	118	0	No	0.000000%	0.002500%	0.002500%
	16.01	MSMCH	Market32 – Worcester, MA	$3,292,979	72 Pullman Street	Worcester	MA	 	 	 	 	 	 	 	 	 	 
	16.02	MSMCH	Price Chopper – Gardner, MA	$2,157,899	560 Main Street	Gardner	MA	 	 	 	 	 	 	 	 	 	 
	16.03	MSMCH	Hannaford Grocery – Gardner, MA	$1,634,016	21 Timpany Boulevard	Gardner	MA	 	 	 	 	 	 	 	 	 	 
	16.04	MSMCH	Tractor Supply – Minot, ND	$785,824	900 21st Avenue Southeast	Minot	ND	 	 	 	 	 	 	 	 	 	 
	16.05	MSMCH	Walgreens – Baton Rouge, LA	$773,351	5955 Airline Highway	Baton Rouge	LA	 	 	 	 	 	 	 	 	 	 
	16.06	MSMCH	Walgreens – Prattville, AL	$773,351	703 South Memorial Drive	Prattville	AL	 	 	 	 	 	 	 	 	 	 
	16.07	MSMCH	Tractor Supply – Elizabethtown, KY	$760,878	1451 Ring Road	Elizabethtown	KY	 	 	 	 	 	 	 	 	 	 
	16.08	MSMCH	Novant Health – Winston-Salem, NC	$754,641	1806 South Hawthorne Road	Winston Salem	NC	 	 	 	 	 	 	 	 	 	 
	16.09	MSMCH	Fresenius Medical Care – Magnolia, TX	$639,886	3 Windcrest National	Magnolia	TX	 	 	 	 	 	 	 	 	 	 
	16.10	MSMCH	CVS Pharmacy – Kenova, WV	$623,670	1405 Oak Street	Kenova	WV	 	 	 	 	 	 	 	 	 	 
	16.11	MSMCH	CVS Pharmacy – Abbeville, LA	$583,755	1100 Veterans Memorial Drive	Abbeville	LA	 	 	 	 	 	 	 	 	 	 
	16.12	MSMCH	Tractor Supply – Holden, ME	$573,777	137 Main Road	Holden	ME	 	 	 	 	 	 	 	 	 	 
	16.13	MSMCH	Kum and Go – North Little Rock, AR	$536,356	8801 Maumelle Boulevard	North Little Rock	AR	 	 	 	 	 	 	 	 	 	 
	16.14	MSMCH	Forsyth Memorial Hospital – Winston-Salem, NC	$491,452	725 Highland Oaks Drive Unit 200	Winston Salem	NC	 	 	 	 	 	 	 	 	 	 
	16.15	MSMCH	Dollar Tree – Teaneck, NJ	$473,989	1187 Teaneck Road	Teaneck	NJ	 	 	 	 	 	 	 	 	 	 
	16.16	MSMCH	CVS Pharmacy – Anderson, IN	$392,912	2419 Nichol Avenue	Anderson	IN	 	 	 	 	 	 	 	 	 	 
	16.17	MSMCH	Sherwin Williams – Hilliard, OH	$343,019	3873 Park Mill Run Drive	Hilliard	OH	 	 	 	 	 	 	 	 	 	 
	16.18	MSMCH	Family Dollar – Pennsauken, NJ	$324,309	7407 Maple Avenue	Pennsauken	NJ	 	 	 	 	 	 	 	 	 	 
	16.19	MSMCH	Family Dollar – Trenton, NJ	$324,309	208 Chambers Street	Trenton	NJ	 	 	 	 	 	 	 	 	 	 
	16.20	MSMCH	Dollar General – National Park, NJ	$311,835	618 Hessian Avenue	National Park	NJ	 	 	 	 	 	 	 	 	 	 
	16.21	MSMCH	Dollar Tree – Fridley, MN	$274,415	775 53rd Avenue Northeast	Fridley	MN	 	 	 	 	 	 	 	 	 	 
	16.22	MSMCH	Dollar General – Greensburg, PA	$249,468	1247 Business Route 66	Greensburg	PA	 	 	 	 	 	 	 	 	 	 
	16.23	MSMCH	Dollar General – East Lyme, CT	$240,737	144 Boston Post Road	East Lyme	CT	 	 	 	 	 	 	 	 	 	 
	16.24	MSMCH	Dollar General – Hammond, LA	$236,995	27707 Louisiana Highway 43	Hammond	LA	 	 	 	 	 	 	 	 	 	 
	16.25	MSMCH	Dollar General – Brandon, MS	$236,995	1932 Mississippi Highway 471	Brandon	MS	 	 	 	 	 	 	 	 	 	 
	16.26	MSMCH	Dollar General – Edinburg, TX	$225,769	1311 West Owassa Road	Edinburg	TX	 	 	 	 	 	 	 	 	 	 
	16.27	MSMCH	Dollar Tree – Abilene, TX	$224,521	6809 Buffalo Gap Road	Abilene	TX	 	 	 	 	 	 	 	 	 	 
	16.28	MSMCH	Dollar General – Bossier City, LA	$215,790	5500 Barksdale Boulevard	Bossier City	LA	 	 	 	 	 	 	 	 	 	 
	16.29	MSMCH	Dollar General – Walker, LA	$204,564	30332 Walker Road North	Walker	LA	 	 	 	 	 	 	 	 	 	 
	16.30	MSMCH	Dollar General – Texarkana, AR	$199,575	2307 East Broad Street	Texarkana	AR	 	 	 	 	 	 	 	 	 	 
	16.31	MSMCH	Family Dollar – Casper, WY	$199,575	3654 Salt Creek Highway	Casper	WY	 	 	 	 	 	 	 	 	 	 
	16.32	MSMCH	Dollar General – Omaha, NE	$194,585	5719 North 16th Street	Omaha	NE	 	 	 	 	 	 	 	 	 	 
	16.33	MSMCH	Family Dollar – Lafayette, LA	$179,617	1944 Moss Street	Lafayette	LA	 	 	 	 	 	 	 	 	 	 
	16.34	MSMCH	Sherwin Williams – Saginaw, MI	$168,391	8405 Gratiot Road	Saginaw	MI	 	 	 	 	 	 	 	 	 	 
	16.35	MSMCH	Dollar General – Cameron, NC	$157,165	19805 North Carolina Highway 27	Cameron	NC	 	 	 	 	 	 	 	 	 	 
	16.36	MSMCH	Dollar General – Kingman, AZ	$133,466	4405 Stockton Hill Road	Kingman	AZ	 	 	 	 	 	 	 	 	 	 
	17	BANA	Silver Sands Premium Outlets	$19,000,000	10562 and 10746 Emerald Coast Parkway	Miramar Beach	FL	2/10/2022	3/1/2032	3.9590%	120	118	0	No	0.000000%	0.002500%	0.002500%
	18	MSMCH	Hoffner Commerce Center	$14,300,000	5449 South Semoran Boulevard	Orlando	FL	3/31/2022	4/1/2032	4.7500%	120	119	360	No	0.002500%	0.000000%	0.002500%
	19	WFB	Stor-All Vinings	$14,285,000	2515 Cumberland Parkway Southeast	Atlanta	GA	2/10/2022	2/11/2032	4.0970%	120	117	0	No	0.002500%	0.000000%	0.002500%
	20	WFB	640 2nd Street	$14,200,000	640 2nd Street	San Francisco	CA	3/15/2022	4/11/2032	3.8870%	120	119	0	No	0.002500%	0.000000%	0.002500%
	21	BANA	Oakwood North and South Owners Corp.	$14,000,000	108-50 62nd Drive and 108-49 63rd Avenue	Forest Hills	NY	3/15/2022	4/1/2032	3.8870%	120	119	0	No	0.002500%	0.000000%	0.002500%
	22.00	MSMCH	Hydrafacial and Red Oak Depot	$13,200,000	Various	Various	Various	1/31/2022	2/1/2032	4.6700%	120	117	0	No	0.042500%	0.000000%	0.002500%
	22.01	MSMCH	Hydrafacial	$6,600,000	2165 East Spring Street	Long Beach	CA	 	 	 	 	 	 	 	 	 	 
	22.02	MSMCH	Red Oak Depot	$6,600,000	301-309 East Ovilla Road	Red Oak	TX	 	 	 	 	 	 	 	 	 	 
	23	BANA	7510-7610 Mason King Data Center	$13,000,000	7510-7610 Mason King Court	Manassas	VA	3/25/2022	4/1/2032	4.7000%	120	119	0	No	0.002500%	0.000000%	0.002500%
	24	MSMCH	ShopRite Square Shopping Center - Kingston NY	$13,000,000	801 Miron Lane	Kingston	NY	4/1/2022	4/1/2032	4.3500%	120	119	0	No	0.002500%	0.000000%	0.002500%
	25.00	WFB	Basecamp Tahoe Portfolio	$12,486,014	Various	Various	CA	3/30/2022	4/11/2032	5.3830%	120	119	360	No	0.002500%	0.000000%	0.002500%
	25.01	WFB	Basecamp Tahoe South	$8,490,490	4143 Cedar Avenue	South Lake Tahoe	CA	 	 	 	 	 	 	 	 	 	 
	25.02	WFB	Basecamp Tahoe City	$3,995,525	955 North Lake Boulevard	Tahoe City	CA	 	 	 	 	 	 	 	 	 	 
	26.00	BANA	ILPT Logistics Portfolio	$12,114,538	Various	Various	Various	2/25/2022	3/6/2032	3.8647%	120	118	0	No	0.000000%	0.013750%	0.002500%
	26.01	BANA	4000 Principio Parkway	$1,495,280	4000 Principio Parkway East	North East	MD	 	 	 	 	 	 	 	 	 	 
	26.02	BANA	2020 Joe B. Jackson Parkway	$1,341,079	2020 Joe B. Jackson Parkway	Murfreesboro	TN	 	 	 	 	 	 	 	 	 	 
	26.03	BANA	1901 Meadowville Technology Parkway	$1,298,159	1901 Meadowville Technology Parkway	Chester	VA	 	 	 	 	 	 	 	 	 	 
	26.04	BANA	52 Pettengill Road	$1,255,585	52 Pettengill Road	Londonderry	NH	 	 	 	 	 	 	 	 	 	 
	26.05	BANA	510 John Dodd Road	$1,247,797	510 John Dodd Road	Spartanburg	SC	 	 	 	 	 	 	 	 	 	 
	26.06	BANA	309 Dulty's Lane	$1,117,653	309 Dulty's Lane	Burlington	NJ	 	 	 	 	 	 	 	 	 	 
	26.07	BANA	5300 Centerpoint Parkway	$647,955	5300 Centerpoint Parkway	Groveport	OH	 	 	 	 	 	 	 	 	 	 
	26.08	BANA	17001 West Mercury Street	$566,960	17001 Mercury Street	Gardner	KS	 	 	 	 	 	 	 	 	 	 
	26.09	BANA	725 Darlington Avenue	$519,194	725 Darlington Avenue	Mahwah	NJ	 	 	 	 	 	 	 	 	 	 
	26.10	BANA	10100 89th Avenue North	$444,430	10100 89th Avenue North	Maple Grove	MN	 	 	 	 	 	 	 	 	 	 
	26.11	BANA	7303 Rickenbacker Parkway West	$375,724	7303 Rickenbacker Parkway West	Columbus	OH	 	 	 	 	 	 	 	 	 	 
	26.12	BANA	4836 Hickory Hill Road	$368,801	4836 Hickory Hill Road	Memphis	TN	 	 	 	 	 	 	 	 	 	 
	26.13	BANA	7000 West Post Road	$341,976	7000 West Post Road	Las Vegas	NV	 	 	 	 	 	 	 	 	 	 
	26.14	BANA	3201 Bearing Drive	$335,227	3201 Bearing Drive	Franklin	IN	 	 	 	 	 	 	 	 	 	 
	26.15	BANA	900 Commerce Parkway West Drive	$287,288	900 Commerce Parkway West Drive	Greenwood	IN	 	 	 	 	 	 	 	 	 	 
	26.16	BANA	6825 West County Road 400 North	$273,442	6825 West County Road 400 North	Greenfield	IN	 	 	 	 	 	 	 	 	 	 
	26.17	BANA	951 Trails Road	$197,986	951 Trails Road	Eldridge	IA	 	 	 	 	 	 	 	 	 	 
	27	BANA	45360 Severn Way Data Center	$11,500,000	45360 Severn Way	Sterling	VA	3/25/2022	4/1/2032	4.7000%	120	119	0	No	0.002500%	0.000000%	0.002500%
	28	NCB	The Seven Park Avenue Corporation a/k/a Park Avenue & 35th Street Corp.	$10,978,930	7 Park Avenue	New York	NY	2/28/2022	3/1/2032	3.3100%	120	118	480	No	0.000000%	0.000000%	0.080000%
	29	BANA	Home2 Suites - Loves Park Rockford	$10,487,309	4150 North Bell School Road	Loves Park	IL	3/18/2022	4/1/2032	4.9680%	120	119	360	No	0.002500%	0.000000%	0.002500%
	30	BANA	Town & Country Apartments	$10,000,000	4260 English Oak Drive	Doraville	GA	3/11/2022	4/1/2032	4.6500%	120	119	0	No	0.002500%	0.000000%	0.002500%
	31	MSMCH	Harundale Plaza	$9,250,000	7440 Ritchie Highway	Glen Burnie	MD	4/1/2022	4/5/2032	4.2000%	120	119	0	No	0.002500%	0.000000%	0.002500%
	32	NCB	Soho Plaza Corp.	$8,832,312	66 Crosby Street a/k/a 514 Broadway	New York	NY	2/28/2022	3/1/2032	3.1500%	120	118	480	No	0.000000%	0.000000%	0.080000%
	33	NCB	24 Central Park South, Inc.	$8,400,000	24 Central Park South a/k/a 24/28 Central Park South	New York	NY	2/28/2022	3/1/2032	3.1500%	120	118	0	No	0.000000%	0.000000%	0.080000%
	34	BANA	Superior Self Storage	$7,860,000	11260 Coloma Road	Gold River	CA	2/25/2022	3/1/2032	3.8200%	120	118	0	No	0.002500%	0.000000%	0.002500%
	35	WFB	Fresno Center	$7,629,000	2017, 0247, & 2049 West Shaw Avenue	Fresno	CA	3/3/2022	3/11/2032	4.2240%	120	118	360	No	0.002500%	0.000000%	0.002500%
	36	MSMCH	Park Place at Heathrow	$7,500,000	7025 H.E. Thomas Jr. Parkway - County Road 46A	Lake Mary	FL	3/17/2022	4/1/2032	4.2800%	120	119	0	No	0.002500%	0.000000%	0.002500%
	37	WFB	A Storage Place - Englewood	$7,200,000	3601 & 3615 South Bryant Street	Englewood	CO	2/18/2022	3/11/2032	3.8530%	120	118	0	No	0.002500%	0.000000%	0.002500%
	38	MSMCH	Shops at City Line	$7,190,467	4500-4520 City Avenue	Philadelphia	PA	3/16/2022	4/1/2032	4.4700%	120	119	360	No	0.002500%	0.000000%	0.002500%
	39	MSMCH	Augustine Plastics	$7,000,000	492 Drum Avenue	Somerset	PA	3/18/2022	4/1/2032	4.0600%	120	119	0	No	0.002500%	0.000000%	0.002500%
	40	NCB	Grinnell Housing Development Fund Corporation	$6,886,282	800 Riverside Drive	New York	NY	2/28/2022	3/1/2032	3.1700%	120	118	480	No	0.000000%	0.000000%	0.080000%
	41	WFB	College Plaza	$6,600,000	881 Hills Plaza	Edensburg	PA	2/11/2022	2/11/2032	4.1390%	120	117	0	No	0.002500%	0.000000%	0.002500%
	42	NCB	30 Fifth Avenue Owners Incorporated	$6,564,507	30 Fifth Avenue a/k/a 28/34 5th Avenue a/k/a 2/8 West 10th Street	New York	NY	3/21/2022	4/1/2032	3.4200%	120	119	360	No	0.000000%	0.000000%	0.080000%
	43	NCB	51 Fifth Avenue Owners Corp.	$6,387,005	51 Fifth Avenue	New York	NY	2/25/2022	3/1/2032	3.0900%	120	118	480	No	0.000000%	0.000000%	0.080000%
	44	NCB	333 West End Tenants Corp.	$6,293,940	333/337 West End Avenue a/k/a 300 West 76th Street	New York	NY	3/22/2022	4/1/2032	3.4800%	120	119	480	No	0.000000%	0.000000%	0.080000%
	45	BANA	Bryant Circle Self Storage	$6,020,000	412 Bryant Circle	Ojai	CA	2/25/2022	3/1/2032	3.8200%	120	118	0	No	0.002500%	0.000000%	0.002500%
	46	NCB	Gateway Apartment Owners Corp.	$5,994,612	10-100 Gateway Road a/k/a 170 DeHaven Drive	Yonkers	NY	3/23/2022	4/1/2032	3.7600%	120	119	480	No	0.000000%	0.000000%	0.080000%
	47	WFB	Cubesmart - Wayne, NJ	$5,168,816	2354 Hamburg Turnpike	Wayne	NJ	3/10/2022	3/11/2032	4.0710%	120	118	360	No	0.002500%	0.000000%	0.002500%
	48	NCB	620-640 Pelham Owners Corp.	$5,167,025	620-640 Pelham Road	New Rochelle	NY	3/22/2022	4/1/2032	3.6200%	120	119	360	No	0.000000%	0.000000%	0.080000%
	49	NCB	210 Central Park South, Inc.	$5,000,000	208-214 Central Park South	New York	NY	2/25/2022	3/1/2032	3.0200%	120	118	0	No	0.000000%	0.000000%	0.080000%
	50	NCB	Nine-G Cooperative, Inc.	$5,000,000	31-35 West 93rd Street	New York	NY	2/28/2022	3/1/2032	3.2400%	120	118	0	No	0.000000%	0.000000%	0.080000%
	51	NCB	Queen Anne Apartment Corp.	$4,992,048	155 East 76th Street	New York	NY	3/18/2022	4/1/2032	3.4400%	120	119	360	No	0.000000%	0.000000%	0.080000%
	52	NCB	Saxon House Apartment Corp.	$4,983,481	23 Old Mamaroneck Road	White Plains	NY	2/14/2022	3/1/2032	3.0800%	120	118	360	No	0.000000%	0.000000%	0.080000%
	53	MSMCH	111 Fulton - Chipotle	$4,300,000	111 Fulton Street	New York	NY	3/31/2022	4/1/2032	4.8400%	120	119	0	No	0.002500%	0.000000%	0.002500%
	54	WFB	Broadmoor Self Storage Portfolio	$3,925,000	4919, 4930 Old Poplar Springs Drive and 5217 Highway 493	Meridian	MS	3/4/2022	3/11/2032	4.1240%	120	118	0	No	0.002500%	0.000000%	0.002500%
	55	WFB	Sandy Springs Wellness Center	$3,240,000	6667 Vernon Woods Drive	Sandy Springs	GA	2/23/2022	3/11/2032	4.4610%	120	118	0	No	0.002500%	0.000000%	0.002500%
	56	NCB	Locust Street Owners Inc.	$3,144,999	663-673 Locust Street	Mount Vernon	NY	3/14/2022	4/1/2032	3.4500%	120	119	360	No	0.000000%	0.000000%	0.080000%
	57	NCB	325 House Inc.	$3,078,802	325 East 77th Street a/k/a 321/333 East 77th Street	New York	NY	2/24/2022	3/1/2032	3.1300%	120	118	480	No	0.000000%	0.000000%	0.080000%
	58	NCB	345 East 77th Street Owners, Inc.	$2,993,972	345 East 77th Street a/k/a 343/349 East 77th Street	New York	NY	2/24/2022	3/1/2032	3.1300%	120	118	480	No	0.000000%	0.000000%	0.080000%
	59	NCB	Fairfield Owners Corp.	$2,993,909	640 West 231st Street	Bronx	NY	2/28/2022	3/1/2032	3.0900%	120	118	480	No	0.000000%	0.000000%	0.080000%
	60	WFB	Stafford Self Storage	$2,796,427	40 West Stafford Road	Stafford Springs	CT	4/5/2022	4/11/2032	4.6720%	120	119	360	No	0.002500%	0.000000%	0.002500%
	61	NCB	2420 Morris Avenue Owners, Inc.	$2,769,000	2420 Morris Avenue	Bronx	NY	3/31/2022	4/1/2032	4.3200%	120	119	0	No	0.000000%	0.000000%	0.080000%
	62	MSMCH	Edgewood Square Shopping Center	$2,750,000	2261 Edgewood Avenue West	Jacksonville	FL	3/31/2022	4/1/2032	4.2700%	120	119	0	No	0.002500%	0.000000%	0.002500%
	63	NCB	Sun Garden Homes Association, Inc.	$2,396,123	637-661 41st Street a/k/a 641A 41st Street a/k/a 659 1/2 41st Street	Brooklyn	NY	3/8/2022	4/1/2032	3.3500%	120	119	360	No	0.000000%	0.000000%	0.080000%
	64	NCB	4380 Vireo Avenue Owners, Inc.	$2,135,643	4380 Vireo Avenue a/k/a 500 East 240th Street	Bronx	NY	2/28/2022	3/1/2032	3.0800%	120	118	480	No	0.000000%	0.000000%	0.080000%
	65	NCB	77th Apartment Corp.	$1,993,925	216-10 77th Avenue	Oakland Gardens	NY	2/23/2022	3/1/2032	3.5300%	120	118	360	No	0.000000%	0.000000%	0.080000%
	66	NCB	855 West End Owners Corp.	$1,644,747	855 West End Avenue	New York	NY	2/28/2022	3/1/2032	3.2800%	120	118	360	No	0.000000%	0.000000%	0.080000%
	67	NCB	34 Downing Owners Corp.	$1,197,792	34 Downing Street	New York	NY	2/28/2022	3/1/2032	3.4600%	120	118	480	No	0.000000%	0.000000%	0.080000%
	68	NCB	203-205 West 87th Street Owners Corp.	$1,164,011	203-205 West 87th Street	New York	NY	1/31/2022	2/1/2032	3.1500%	120	117	360	No	0.000000%	0.000000%	0.080000%
	69	NCB	920 Union Street Tenants' Corporation	$999,068	920 Union Street	Brooklyn	NY	3/22/2022	4/1/2032	3.6100%	120	119	480	No	0.000000%	0.000000%	0.080000%

 

     

     

    

EXHIBIT C

FORM OF INVESTMENT REPRESENTATION LETTER

 

Computershare Trust Company, National
Association

as Certificate Registrar,

600 South 4th Street, 7th Floor

Minneapolis, Minnesota 55415

Attention:   Corporate Trust Services (CMBS)
– BANK 2022-BNK41

[OR OTHER CERTIFICATE REGISTRAR]

 

Morgan Stanley Capital I Inc.

1585 Broadway

New York, New York 10036

Attention: Jane Lam

Morgan Stanley Capital I Inc.

1633 Broadway, 29th Floor

New York, New York 10019

Attention: Legal Compliance Division

with a copy to

cmbs_notices@morganstanley.com

		Re:	Transfer of BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41

Ladies and Gentlemen:

This letter is delivered
pursuant to Section 5.03 of the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”),
between Morgan Stanley Capital I Inc., as Depositor, Wells Fargo Bank, National Association, as General Master Servicer, Rialto Capital
Advisors, LLC, as General Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special Servicer, Computershare
Trust Company, National Association, as Certificate Administrator, Wilmington Trust, National Association, as Trustee, and Pentalpha Surveillance
LLC, as Operating Advisor and as Asset Representations Reviewer, on behalf of the holders of BANK 2022-BNK41, Commercial Mortgage Pass-Through
Certificates, Series 2022-BNK41 in connection with the transfer by _________________ (the “Seller”) to the undersigned
(the “Purchaser”) of $_______________ aggregate [Certificate Balance][Notional Amount][__% Percentage Interest] of
Class ___ Certificates (the “Certificates”). Capitalized terms used and not otherwise defined herein shall have
the respective meanings ascribed to such terms in the Pooling and Servicing Agreement.

    	 	Exhibit C-1	 

     

    

In connection with such transfer,
the Purchaser hereby represents and warrants to you and the addressees hereof as follows:

1.       Check
one of the following:*

	☐	The Purchaser is not purchasing a Class R Certificate and the Purchaser is an institution that is an “accredited investor”
within the meaning of Rule 501(a)(1), (2), (3) or (7) of Regulation D (“Regulation D”) under the Securities
Act of 1933, as amended (the “Securities Act”) or any entity in which all of the equity owners are “accredited
investors” within the meaning of Rule 501(a)(1), (2), (3) or (7) of Regulation D (each, an “Institutional Accredited Investor”)
and has such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of its investment
in the Certificates, and the Purchaser and any accounts for which it is acting are each able to bear the economic risk of the Purchaser’s
or such account’s investment. The Purchaser is acquiring the Certificates purchased by it for its own account or for one or more
accounts, each of which is an Institutional Accredited Investor, as to each of which the Purchaser exercises sole investment discretion.
The Purchaser hereby undertakes to reimburse the Trust for any costs incurred by it in connection with this transfer.

	☐	The Purchaser is a “qualified institutional buyer” (a “QIB”) within the meaning of Rule 144A (“Rule
144A”) under the Securities Act. The Purchaser is aware that the transfer is being made in reliance on Rule 144A, and
the Purchaser has had the opportunity to obtain the information required to be provided pursuant to paragraph (d)(4)(i) of
Rule 144A.

2.       The
Purchaser’s intention is to acquire the Certificates (a) for investment for the Purchaser’s own account or (b) for
reoffer, resale, pledge or other transfer (i) to QIBs in transactions under Rule 144A, and not in any event with the view to, or
for resale in connection with, any distribution thereof, or (ii) (other than with respect to a Class R Certificate) to Institutional
Accredited Investors, subject in the case of clause (ii) above to (w) the receipt by the Certificate Registrar of a letter
substantially in the form hereof, (x) the receipt by the Certificate Registrar of an opinion of counsel acceptable to the Trustee
and Certificate Registrar that such reoffer, resale, pledge or transfer is in compliance with the Securities Act, (y) the receipt
by the Certificate Registrar of such other evidence acceptable to the Certificate Registrar that such reoffer, resale, pledge or transfer
is in compliance with the Securities Act and other applicable laws and (z) a written undertaking to reimburse the Trust for any costs
incurred by it in connection with the proposed transfer. The Purchaser understands that the Certificates (and any subsequent Certificates)
have not been registered under the Securities Act, by reason of a specified exemption from the registration provisions of the Securities
Act which depends upon, among other things, the bona fide nature of the Purchaser’s investment intent (or intent to reoffer, resell,
pledge or transfer the Certificates only to certain investors in certain exempted transactions) as expressed herein.

3.       The
Purchaser has reviewed the Preliminary Prospectus and the Final Prospectus relating to the Offered Certificates (collectively, the “Prospectus”)
(and, with respect

 

* Purchaser must select one of the
following two certifications.

    	 	Exhibit C-2	 

     

    

to Offered Private Certificates, the Preliminary
Private Placement Memorandum and the Final Private Placement Memorandum related to such Offered Private Certificates) and the agreements
and other materials referred to therein and has had the opportunity to ask questions and receive answers concerning the terms and conditions
of the transactions contemplated by the Prospectus.

4.       The
Purchaser acknowledges that the Certificates (and any Certificates issued on transfer or exchange thereof) have not been registered or
qualified under the Securities Act or the securities laws of any State or any other jurisdiction, and that the Certificates cannot be
reoffered, resold, pledged or otherwise transferred unless it is registered or qualified thereunder or unless an exemption from such registration
or qualification is available.

5.       The
Purchaser hereby undertakes to be bound by the terms and conditions of the Pooling and Servicing Agreement in its capacity as an owner
of a Certificate or Certificates, as the case may be (each, a “Certificateholder”), in all respects as if it were a
signatory thereto. This undertaking is made for the benefit of the Trust, the Certificate Registrar and all Certificateholders present
and future.

6.       The
Purchaser will not sell or otherwise transfer any portion of the Certificate or Certificates, except in compliance with Section 5.03
of the Pooling and Servicing Agreement.

7.       Check
one of the following:**

	☐	The Purchaser is a U.S. Tax Person (as defined below) and it has attached hereto an Internal Revenue Service (“IRS”)
Form W-9 (or successor form).

	☐	The Purchaser is not a U.S. Tax Person and under applicable law in effect on the date hereof, no taxes will be required to be withheld
by the Certificate Registrar (or its agent) with respect to distributions to be made on the Certificates. The Purchaser has attached
hereto [(i) a duly executed IRS Form W-8BEN or IRS Form W-8BEN-E (or successor form, as applicable), which identifies such Purchaser
as the beneficial owner of the Certificates and states that such Purchaser is not a U.S. Tax Person, (ii) IRS Form W-8IMY (with all appropriate
attachments) or (iii)]*** two duly executed copies of IRS Form W-8ECI (or successor form), which identify such Purchaser
as the beneficial owner of the Certificates and state that interest and original issue discount on the Certificates and Permitted Investments
is, or is expected to be, effectively connected with a U.S. trade or business. The Purchaser agrees to provide to the Certificate Registrar
updated [IRS Form W-8BEN, IRS Form W-8BEN-E, IRS Form W-8IMY or]*** IRS Form W-8ECI, [as the case may be,]*** any applicable
successor IRS forms, or such other certifications as the Certificate Registrar may reasonably request, on or before the date that any
such IRS form or certification expires or becomes obsolete, or promptly after the occurrence of any event requiring a change in the most
recent IRS form of certification furnished by it to the Certificate Registrar.

 

** Each Purchaser must include one of the two alternative
certifications.

***
Does not apply to a transfer of Class R Certificates.

    	 	Exhibit C-3	 

     

    

For purposes of this paragraph 7, “U.S.
Tax Person” means a citizen or resident of the United States, a corporation or partnership (except to the extent provided in
applicable Treasury Regulations) or other entity created or organized in, or under the laws of, the United States, any State thereof or
the District of Columbia, including any entity treated as a corporation or partnership for federal income tax purposes, an estate whose
income is subject to United States federal income tax regardless of its source or a trust if a court within the United States is able
to exercise primary supervision over the administration of such trust, and one or more such U.S. Tax Persons have the authority to control
all substantial decisions of such trust (or, to the extent provided in applicable Treasury Regulations, certain trusts in existence on
August 20, 1996 that have elected to be treated as U.S. Tax Persons).

8.       Please
make all payments due on the Certificates:****

	☐	(a)	by wire transfer pursuant to wire instructions provided by the Purchaser.

	☐	(b)	by mailing a check or draft to the following address:

	 	 	 
	 	 	 
	 	 	 

9.       If
the Purchaser is purchasing a Class R Certificate, the Purchaser is not a partnership (including any entity treated as a partnership
for U.S. federal income tax purposes), any interest in which is owned, directly or indirectly, through one or more partnerships, trusts
or other pass-through entities by a Disqualified Non-U.S. Tax Person.

	 	Very truly yours,	 
	 	 	 	 	 	 	 
	 	 
	 	 	 	 	[The Purchaser]	 	 
	 	By:	 	 
	 	 	Name:

Title:	 	 	 	 
	 	 	 	 	 	 	 
	Dated:	 	 	 	 	 	 

 

 

 

****       Only
to be filled out by Purchasers of Definitive Certificates. Please select (a) or (b). For holders of the Definitive Certificates,
wire transfers are only available if such holder’s Definitive Certificates have an aggregate Certificate Balance or Notional
Amount, as applicable, of at least U.S. $5,000,000.

    	 	Exhibit C-4	 

     

    

EXHIBIT D-1

Form
of Transferee Affidavit FOR TRANSFERS

OF CLASS R CERTIFICATES

[Date]

Computershare Trust Company, National
Association,

as Certificate Registrar

600 South 4th Street, 7th Floor

Minneapolis, Minnesota 55415

Attention: Corporate Trust Services (CMBS)
– BANK 2022-BNK41

[OR OTHER CERTIFICATE REGISTRAR]

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41
(the “Certificates”) issued pursuant to the Pooling
and Servicing Agreement (the “Pooling and Servicing Agreement”),
dated as of May 1, 2022, between Morgan Stanley Capital I Inc., as Depositor, Wells Fargo Bank, National Association, as General Master
Servicer, Rialto Capital Advisors, LLC, as General Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special
Servicer, Computershare Trust Company, National Association, as Certificate Administrator, Wilmington Trust, National Association, as
Trustee, and Pentalpha Surveillance LLC, as Operating Advisor and as Asset Representations Reviewer

	STATE OF 	)	 
	 	)	ss.:
	COUNTY OF          	)	 

 

I, [______], under penalties
of perjury, declare that, to the best of my knowledge and belief, the following representations are true, correct and complete, and being
first sworn, depose and say that:

1.       I
am a [______] of [______] (the “Purchaser”), on behalf
of which I have the authority to make this affidavit.

2.       The
Purchaser is acquiring Class R Certificates representing [__]% of the residual interest in each of the real estate mortgage investment
conduits (each, a “REMIC”) designated as the (i) 
“Lower-Tier REMIC” and (ii) “Upper-Tier
REMIC”, respectively, relating to the Certificates for which an election is to be made under Section 860D of the
Internal Revenue Code of 1986 (the “Code”).

3.       The
Purchaser is not a “Disqualified Organization” (as
defined below), and that the Purchaser is not acquiring the Class R Certificates for the account of, or as agent or nominee of, or with
a view to the transfer of direct or indirect record or beneficial ownership thereof, to a Disqualified Organization. For the purposes
hereof, a Disqualified Organization is any of the following: (i) the United States, any State or political subdivision thereof, any

    	 	Exhibit D-1-1	 

     

    

possession of the United States or any agency
or instrumentality of any of the foregoing (other than an instrumentality which is a corporation if all of its activities are subject
to tax and, except for the Federal Home Loan Mortgage Corporation, a majority of its board of directors is not selected by such governmental
unit), (ii) a foreign government, any international organization or any agency or instrumentality of any of the foregoing, (iii) any
organization which is exempt from the tax imposed by Chapter 1 of the Code (including the tax imposed by Section 511 of the Code
on unrelated business taxable income) on any excess inclusions (as defined in Section 860E(c)(1) of the Code) with respect to the
Class R Certificates (except certain farmers’ cooperatives described in Section 521 of the Code), (iv) rural electric
and telephone cooperatives described in Section 1381(a)(2)(C) of the Code and (v) any other Person so designated by the Trustee or
the Certificate Administrator based upon an Opinion of Counsel as provided to the Trustee or the Certificate Administrator (at no expense
to the Trustee or the Certificate Administrator) that the holding of an Ownership Interest in a Class R Certificate by such Person may
cause a Trust REMIC to fail to qualify as a REMIC at any time that the Certificates are outstanding or any Person having an Ownership
Interest in any Class of Certificates (other than such Person) to incur a liability for any federal tax imposed under the Code that would
not otherwise be imposed but for the Transfer of an Ownership Interest in a Class R Certificate to such Person. The terms “United
States,” “State” and “international organization” shall have the meanings set forth in Section 7701
of the Code or successor provisions.

4.       The
Purchaser acknowledges that Section 860E(e) of the Code would impose a substantial tax on the transferor or, in certain circumstances,
on an agent for the transferee, with respect to any transfer of any interest in any Class R Certificates to a Disqualified Organization.

5.       The
Purchaser is a Permitted Transferee and, to the extent applicable, the Purchaser’s U.S. taxpayer identification number is [__________].

6.       No
purpose of the acquisition of the Class R Certificates is to impede the assessment or collection of tax.

7.       The
Purchaser will not cause income from the Class R Certificate to be attributable to a foreign permanent establishment or fixed base, within
the meaning of an applicable income tax treaty, of the Purchaser or any other person.

8.       Check
the applicable paragraph:

☐      The present value
of the anticipated tax liabilities associated with holding the Class R Certificate, as applicable, does not exceed the sum of:

(i)      the
present value of any consideration given to the Purchaser to acquire such Class R Certificate;

(ii)     the
present value of the expected future distributions on such Class R Certificate; and

(iii)    the
present value of the anticipated tax savings associated with holding such Class R Certificate as the related REMIC generates losses.

    	 	Exhibit D-1-2	 

     

    

For purposes of this calculation,
(i) the Purchaser is assumed to pay tax at the highest rate currently specified in Section 11(b) of the Code (but the tax rate
in Section 55(b)(1)(B) of the Code may be used in lieu of the highest rate specified in Section 11(b) of the Code if the
Purchaser has been subject to the alternative minimum tax under Section 55 of the Code in the preceding two years and will compute
its taxable income in the current taxable year using the alternative minimum tax rate) and (ii) present values are computed using
a discount rate equal to the short-term Federal rate prescribed by Section 1274(d) of the Code for the month of the transfer
and the compounding period used by the Purchaser.

☐       The transfer of the Class
R Certificate complies with U.S. Treasury Regulations Sections 1.860E-1(c)(5) and (6) and, accordingly,

(i)      the
Purchaser is an “eligible corporation,” as defined in U.S. Treasury Regulations Section 1.860E-1(c)(6)(i), as to
which income from the Class R Certificate will only be taxed in the United States;

(ii)     at
the time of the transfer, and at the close of the Purchaser’s two fiscal years preceding the year of the transfer, the Purchaser
had gross assets for financial reporting purposes (excluding any obligation of a person related to the Purchaser within the meaning of
U.S. Treasury Regulations Section 1.860E-1(c)(6)(ii)) in excess of $100 million and net assets in excess of $10 million;

(iii)    the
Purchaser will transfer the Class R Certificate only to another “eligible corporation,” as defined in Treasury Regulations
Section 1.860E-1(c)(6)(i), in a transaction that satisfies the requirements of Sections 1.860E-1(c)(4)(i), (ii) and (iii) and
Treasury Regulations Section 1.860E-1(c)(5); and

(iv)    the
Purchaser determined the consideration paid to it to acquire the Class R Certificate based on reasonable market assumptions (including,
but not limited to, borrowing and investment rates, prepayment and loss assumptions, expense and reinvestment assumptions, tax rates and
other factors specific to the Purchaser) that it has determined in good faith.

☐       None of the above.

9.       The
Purchaser historically has paid its debts as they have come due and intends to pay its debts as they come due in the future and the Purchaser
intends to pay taxes associated with holding the Class R Certificates as they become due.

10.     The
Purchaser understands that it may incur tax liabilities with respect to the Class R Certificate in excess of any cash flows generated
by such Certificate.

11.     The
Purchaser is aware that the Certificate Registrar will not register any transfer of a Class R Certificate by the Transferor unless the
Purchaser, or such Purchaser’s agent, delivers to the Certificate Registrar, among other things, an affidavit and agreement in substantially
the same form as this affidavit and agreement. The Purchaser expressly agrees that it will not consummate any such transfer if it knows
or believes that any representation contained in such affidavit and agreement is false.

    	 	Exhibit D-1-3	 

     

    

12.     The
Purchaser represents that it is not acquiring the Class R Certificate as a nominee, trustee or agent for any person that is not a Permitted
Transferee and that for so long as it retains its interest in the Class R Certificate, it will endeavor to remain a Permitted Transferee.

13.     The
Purchaser consents to any additional restrictions or arrangements that shall be deemed necessary upon advice of counsel to constitute
a reasonable arrangement to ensure that the Class R Certificate will only be owned, directly or indirectly, by a Permitted Transferee.

14      The
Purchaser has reviewed the provisions of Section 5.03 of the Pooling and Servicing Agreement, a description of which provisions is
set forth in the Class R Certificates; and the Purchaser expressly agrees to be bound by and to comply with such provisions.

15      The
Purchaser consents to the designation of the Certificate Administrator as “partnership representative” of each Trust REMIC
pursuant to Section 10.01 of the Pooling and Servicing Agreement.

Capitalized terms used but
not defined herein have the meanings assigned thereto in the Pooling and Servicing Agreement.

IN WITNESS WHEREOF, the Purchaser
has caused this instrument to be duly executed on its behalf by its duly authorized officer this ___day of _________, 20__.

 

	 	By:	 
	 	 	Name:

Title:
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:

Title:

 

    	 	Exhibit D-1-4	 

     

    

On this ____ day of _______20__,
before me, the undersigned, a Notary Public in and for the State of _______________, duly commissioned and sworn, personally appeared
______________________ and ________________________, known or proved to me to be the same persons who executed the foregoing instrument
and to be _____________________________ and ___________________________, respectively, of the Purchaser, and acknowledged to me that they
executed the same as their respective free acts and deeds and as the free act and deed of the Purchaser.

	 	 	 	 
	 	 	 	NOTARY PUBLIC in and for the

State of _______________
	 	 	 	 
	 	[SEAL]	 
	 	 	 	 
	My Commission expires:	 
	 	 	 	 
	 	 	 

 

    	 	Exhibit D-1-5	 

     

    

EXHIBIT D-2

FORM OF TRANSFEROR LETTER FOR TRANSFERS

OF CLASS R CERTIFICATES

[Date]

Computershare Trust Company, National
Association,

as Certificate Registrar

600 South 4th Street, 7th Floor

Minneapolis, Minnesota 55415

Attention: Corporate Trust Services (CMBS)
– BANK 2022-BNK41

[OR OTHER CERTIFICATE REGISTRAR]

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41
(the “Certificates”)

Ladies and Gentlemen:

This letter is delivered
to you in connection with the transfer by [______] (the “Transferor”)
to [______] (the “Transferee”) of Class R Certificates
evidencing a [__]% Percentage Interest in such Class (the “Residual
Certificates”). The Certificates, including the Residual Certificates, were issued pursuant to the Pooling and Servicing
Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”),
between Morgan Stanley Capital I Inc., as Depositor, Wells Fargo Bank, National Association, as General Master Servicer, Rialto Capital
Advisors, LLC, as General Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special Servicer, Computershare
Trust Company, National Association, as Certificate Administrator, Wilmington Trust, National Association, as Trustee, and Pentalpha Surveillance
LLC, as Operating Advisor and as Asset Representations Reviewer. All capitalized terms used but not otherwise defined herein shall have
the respective meanings set forth in the Pooling and Servicing Agreement. The Transferor hereby certifies, represents and warrants to
you, as Certificate Registrar, that:

(1)     No
purpose of the Transferor relating to the transfer of the Residual Certificates by the Transferor to the Transferee is or will be to impede
the assessment or collection of any tax.

(2)     The
Transferor understands that the Transferee has delivered to you a Transferee Affidavit in the form attached to the Pooling and Servicing
Agreement as Exhibit D-1. The Transferor does not know or believe that any representation contained therein is false.

(3)     The
Transferor has at the time of this transfer conducted a reasonable investigation of the financial condition of the Transferee as contemplated
by Treasury regulation Section 1.860E-1(c)(4)(i) and, as a result of that investigation, the Transferor has determined that
the Transferee has historically paid its debts as they became due and has found no significant evidence to indicate that the Transferee
will not continue to pay its debts as they become due in the future. The Transferor understands that the transfer of the Residual Certificates
may not be

    	 	Exhibit D-2-1	 

     

    

respected for United States income tax purposes
(and the Transferor may continue to be liable for United States income taxes associated therewith) unless the Transferor has conducted
such an investigation.

	 	Very truly yours,
	 	 	 
	 	 	(Transferor)
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:

Title:

 

    	 	Exhibit D-2-2	 

     

    

EXHIBIT D-3

Form
of Transferee CERTIFICATE FOR TRANSFERS

OF RR Interest

[Date]

Computershare Trust Company, National
Association,

as Certificate Registrar

600 South 4th Street, 7th Floor

Minneapolis, Minnesota 55415

Attention: Corporate Trust Services (CMBS)
– BANK 2022-BNK41

[OR OTHER CERTIFICATE REGISTRAR]

 

Morgan Stanley Mortgage Capital Holdings
LLC,

as Retaining Sponsor

1585 Broadway

New York, New York 10036

Attention: Jane Lam

 

Morgan Stanley Mortgage Capital Holdings
LLC,

as Retaining Sponsor

1633 Broadway, 29th Floor

New York, New York 10019

Attention: Legal Compliance Division

with a copy to

cmbs_notices@morganstanley.com

Morgan Stanley Capital I Inc.

1585 Broadway

New York, New York 10036

Attention: Jane Lam

 

Morgan Stanley Capital I Inc.

1633 Broadway, 29th Floor

New York, New York 10019

Attention: Legal Compliance Division

with a copy to

cmbs_notices@morganstanley.com

    	 	Exhibit D-3-1	 

     

    

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41
(the “Certificates”) issued pursuant to the Pooling
and Servicing Agreement (the “Pooling and Servicing Agreement”),
dated as of May 1, 2022, between Morgan Stanley Capital I Inc., as Depositor, Wells Fargo Bank, National Association, as General Master
Servicer, Rialto Capital Advisors, LLC, as General Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special
Servicer, Computershare Trust Company, National Association, as Certificate Administrator, Wilmington Trust, National Association, as
Trustee, and Pentalpha Surveillance LLC, as Operating Advisor and as Asset Representations Reviewer

[_____] (the “Purchaser”)
hereby certifies, represents and warrants to you, as Certificate Registrar and as “retaining sponsor” as such term is defined
in Regulation RR, that:

		1.	The Purchaser is acquiring $[_____] Certificate Balance of the RR Interest from [_____] (the “Transferor”).

		2.	The Purchaser is aware that the Certificate Registrar will not register any transfer of an RR Interest
by the Transferor unless the Purchaser, or such Purchaser’s agent, delivers to the Certificate Registrar, among other things, a
certificate in substantially the same form as this certificate. The Purchaser expressly agrees that it will not consummate any such transfer
if it knows or believes that any representation contained in such certificate is false.

		3.	If the Purchaser is an insurance company general account relying on PTCE 95-60 to cover its acquisition
of the RR Interest, (a) all of the conditions of Parts I and III of PTCE 95-60 will be satisfied with respect to the acquisition of the
RR Interest and (b) the acquisition of the RR Interest will be effected through Morgan Stanley & Co. LLC, BofA Securities, Inc., Wells
Fargo Securities, LLC, Academy Securities, Inc., Drexel Hamilton, LLC or an affiliate thereof.

		4.	Check one of the following:

		☐	The transfer will occur during the RR Interest Transfer Restriction Period, and the Purchaser certifies, represents and warrants to you,
as Certificate Registrar, that:

		A.	It is a “majority-owned affiliate”, as such term is defined in Regulation RR, of the Transferor
(a “Majority-Owned Affiliate”).

		B.	It is not acquiring the RR Interest as a nominee, trustee or agent for any person that is not a Majority-Owned
Affiliate, and that for so long as it retains its interest in the RR Interest, it will remain a Majority-Owned Affiliate.

		C.	It will be bound by the U.S. Credit Risk Retention Agreement, between Morgan Stanley Mortgage Capital
Holdings LLC, Morgan Stanley Bank, N.A., Bank of America, National Association, Wells Fargo Bank, National Association and

    	 	Exhibit D-3-2	 

     

    

National Cooperative Bank, N.A., dated
and effective as of May 5, 2022 (the “Credit Risk Retention Agreement”) as if it were a party to such agreement.

		D.	It hereby makes each representation set forth in Section 4(b) of the Credit Risk Retention Agreement.

		E.	It consents to any additional restrictions or arrangements that shall be deemed necessary upon advice
of counsel to constitute a reasonable arrangement to ensure that its ownership of the RR Interest will satisfy the risk retention requirements
of the Transferor, in its capacity as [sponsor][originator] under Regulation RR.

	 	☐	The transfer will occur after the termination of the RR Interest Transfer Restriction Period.

Capitalized terms used but
not defined herein have the meanings assigned thereto in the Pooling and Servicing Agreement.

IN WITNESS WHEREOF, the Purchaser
has caused this instrument to be duly executed on its behalf by its duly authorized senior officer this ___day of _________, 20__.

 

	 	By:	 
	 	 	Name:

Title:
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:

Title:

    	 	Exhibit D-3-3	 

     

    

The foregoing certificate is
hereby confirmed, and the transfer is accepted, as of the date first above written:

	 	 	 
	 	 	 
		[RETAINING
    SPONSOR]	 
	 	 	 
	 	 	 
	 	 	 
	By:	 	
		Name:	 
	 	Title:	 
	 	 
	 	 
	[Medallion
    Stamp Guarantee]	 

 

 

    	 	Exhibit D-3-4	 

     

    

EXHIBIT D-4

FORM OF TRANSFEROR CERTIFICATE FOR TRANSFERS

OF RR INTEREST

[Date]

Computershare Trust Company, National
Association,

as Certificate Registrar

600 South 4th Street, 7th Floor

Minneapolis, Minnesota 55415

Attention: Corporate Trust Services (CMBS)
– BANK 2022-BNK41

[OR OTHER CERTIFICATE REGISTRAR]

Morgan Stanley Mortgage Capital Holdings
LLC,

as Retaining Sponsor

1585 Broadway

New York, New York 10036

Attention: Jane Lam

Morgan Stanley Mortgage Capital Holdings
LLC,

as Retaining Sponsor

1633 Broadway, 29th Floor

New York, New York 10019

Attention: Legal Compliance Division

with a copy to

cmbs_notices@morganstanley.com

[EACH OTHER HOLDER OF AN RR INTEREST]

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41
(the “Certificates”)

Ladies and Gentlemen:

This is delivered to you
in connection with the transfer by [______] (the “Transferor”)
to [______] (the “Transferee”) of RR Interest evidencing
$[____] Certificate Balance in such Class. The Certificates were issued pursuant to the Pooling and Servicing Agreement, dated as of May
1, 2022 (the “Pooling and Servicing Agreement”), between
Morgan Stanley Capital I Inc., as Depositor, Wells Fargo Bank, National Association, as General Master Servicer, Rialto Capital Advisors,
LLC, as General Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special Servicer, Computershare Trust
Company, National Association, as Certificate Administrator, Wilmington Trust, National Association, as Trustee, and Pentalpha Surveillance
LLC, as Operating Advisor and as Asset Representations Reviewer. All capitalized terms used but not otherwise defined herein shall have
the respective

    	 	Exhibit D-4-1	 

     

    

meanings set forth in the Pooling and Servicing
Agreement. The Transferor hereby certifies, represents and warrants to you that:

		1.	The transfer is in compliance with the Pooling and Servicing Agreement.

		2.	If the Transferee is an insurance company general account relying on PTCE 95-60 to cover its acquisition
of the RR Interest, (a) all of the conditions of Parts I and III of PTCE 95-60 will be satisfied with respect to the acquisition
of the RR Interest and (b) the acquisition of the RR Interest will be effected through Morgan Stanley & Co. LLC, BofA Securities,
Inc., Wells Fargo Securities, LLC, Academy Securities, Inc., Drexel Hamilton, LLC or an affiliate thereof.

		3.	Check one of the following:

	☐  	The transfer will occur during the RR Interest Transfer Restriction Period, and the Transferor certifies, represents and warrants to
you that:

		A.	The transfer is in compliance with the U.S. Credit Risk Retention Agreement, between Morgan Stanley Mortgage
Capital Holdings LLC, Morgan Stanley Bank, N.A., Bank of America, National Association, Wells Fargo Bank, National Association and National
Cooperative Bank, N.A., dated and effective as of May 5, 2022 (the “Credit Risk Retention Agreement”).

		B.	The Transferee is a “majority-owned affiliate”, as such term is defined in Regulation RR,
of the Transferor.

		C.	The Transferee has complied in all material respects with all of the covenants in the Credit Risk Retention
Agreement during the period from the date of the Credit Risk Retention Agreement through and including the date of this transfer.

		D.	All of the representations and warranties made by the Transferor in the Credit Risk Retention Agreement
are true and correct as of the date of the transfer.

		E.	All of the requirements set forth in Section 3(c) of the Credit Risk Retention Agreement have been complied
with through and including the date of the transfer.

	☐   	The transfer will occur after the termination of the RR Interest Transfer Restriction Period.

		4.	The Transferor understands that the Transferee has delivered to you a Transferee Certificate in the form
attached to the Pooling and Servicing Agreement as Exhibit D-3. The Transferor does not know or believe that any representation
contained therein is false.

IN WITNESS WHEREOF, the Transferor
has caused this instrument to be duly executed on its behalf by its duly authorized senior officer this ___day of _________, 20__.

    	 	Exhibit D-4-2	 

     

    

		
	[TRANSFEROR]
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:

Title:

 

The foregoing certificate is
hereby confirmed, and the transfer is accepted, as of the date first above written:

	 	 	 
	 	 	 
		[RETAINING
    SPONSOR]	 
	 	 	 
	 	 	 
	 	 	 
	By:	 	
		Name:	 
	 	Title:	 
	 	 
	 	 
	[Medallion
    Stamp Guarantee]	 

 

    	 	Exhibit D-4-3	 

     

    

EXHIBIT E

FORM OF REQUEST
FOR RELEASE

(for Custodian)

	Loan Information
	 
	 	Name of Mortgagor:	 
	 	 	 
	 	[[General][NCB]	 
	 	Master Servicer]	 
	 	[[General][NCB] 

Special Servicer] 

    Loan No.:	 
	 	 	 
	Custodian
	 
	 	Name:	Computershare Trust Company, National Association
	 	 	 
	 	Address:	
        1055 10th Ave SE

        Minneapolis, Minnesota 55414

        Attention: Document Custody Group

        

        BANK
        2022-BNK41

	 	 	 
	 	Custodian/Trustee
    

Mortgage File No.:	 
	 	 	 
	Depositor
	 
	 	Name:	Morgan Stanley Capital I Inc.
	 	 	 
	 	Address:	1585
        Broadway

        New
        York, New York 10036

        Attention:
        Jane Lam

         

        with
        a copy to

         

        Morgan
        Stanley Capital I Inc. 

        1633
        Broadway, 29th Floor

        New
        York, New York 10019

        Attention:
        Legal Compliance Division

         

        and
        cmbs_notices@morganstanley.com

         

	 	Certificates:	BANK
    2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41

    	 	Exhibit E-1	 

     

    

The undersigned [[General][NCB]
Master Servicer] [[General][NCB] Special Servicer] hereby requests delivery from Computershare Trust Company, National Association, as
custodian (the “Custodian”) on behalf of Wilmington
Trust, National Association, as trustee (the “Trustee”), for the Holders of BANK 2022-BNK41, Commercial Mortgage Pass-Through
Certificates, Series 2022-BNK41, the documents referred to below (the “Documents”). All capitalized terms not otherwise
defined in this Request for Release shall have the meanings given them in the Pooling and Servicing Agreement dated as of May 1, 2022,
between Morgan Stanley Capital I Inc., as Depositor, Wells Fargo Bank, National Association, as General Master Servicer, Rialto Capital
Advisors, LLC, as General Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special Servicer, Computershare
Trust Company, National Association, as Certificate Administrator, Wilmington Trust, National Association, as Trustee, and Pentalpha Surveillance
LLC, as Operating Advisor and as Asset Representations Reviewer (the “Pooling and Servicing Agreement”).

	 	( )		 
	 	 	 	 
	 	( )		 
	 	 	 	 
	 	( )		 
	 	 	 	 
	 	( )		 

The undersigned [[General][NCB]
Master Servicer] [[General][NCB] Special Servicer] hereby acknowledges and agrees as follows:

(1)       The
[[General][NCB] Master Servicer] [[General][NCB] Special Servicer] shall hold and retain possession of the Documents in trust for the
benefit of the Trustee, solely for the purposes provided in the Pooling and Servicing Agreement.

(2)       The
[[General][NCB] Master Servicer] [[General][NCB] Special Servicer] shall not cause or permit the Documents to become subject to, or encumbered
by, any claims, liens, security interests, charges, writs of attachment or other impositions nor shall the [[General][NCB] Master Servicer]
[[General][NCB] Special Servicer] assert or seek to assert any claims or rights of set-off to or against the Documents or any proceeds
thereof except as otherwise provided in the Pooling and Servicing Agreement.

(3)       The
[[General][NCB] Master Servicer] [[General][NCB] Special Servicer] shall return the Documents to the Custodian when the need therefor
no longer exists, unless the Mortgage Loans have been liquidated or the Mortgage Loans have been paid in full and the proceeds thereof
have been remitted to the Collection Account except as expressly provided in the Pooling and Servicing Agreement.

(4)       The
Documents and any proceeds thereof, including proceeds of proceeds, coming into the possession or control of the [[General][NCB] Master
Servicer] [[General][NCB] Special Servicer] shall at all times be earmarked for the account of the Trustee, and the [[General][NCB] Master
Servicer] [[General][NCB] Special Servicer] shall keep the Documents

    	 	Exhibit E-2	 

     

    

separate and distinct from all other property
in the [[General][NCB] Master Servicer’s] [[General][NCB] Special Servicer’s] possession, custody or control.

		[____________] 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:

Title:

 

Date: _________

    	 	Exhibit E-3	 

     

    

EXHIBIT F-1

FORM OF ERISA REPRESENTATION

LETTER REGARDING ERISA RESTRICTED CERTIFICATES

Computershare Trust Company, National
Association,

600 South 4th Street, 7th Floor

Minneapolis, Minnesota 55415

Attention: Corporate Trust Services –
BANK 2022-BNK41

[OR OTHER CERTIFICATE REGISTRAR]

 

Morgan Stanley Capital I Inc.

1585 Broadway

New York, New York 10036

Attention: Jane Lam

 

Morgan Stanley Capital I Inc.

1633 Broadway, 29th Floor

New York, New York 10019

Attention: Legal Compliance Division

with a copy to

cmbs_notices@morganstanley.com

		Re:	Transfer of BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41

Ladies and Gentlemen:

The undersigned (the “Purchaser”)
proposes to purchase US$[___] aggregate initial [Notional Amount][Certificate Balance] in the BANK 2022-BNK41, Commercial Mortgage Pass-Through
Certificates, Series 2022-BNK41, [Class [X-F][X-G][X-H][F][G][H] Certificates][RR Interest] issued pursuant to that certain Pooling and
Servicing Agreement dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Morgan Stanley Capital
I Inc., as Depositor, Wells Fargo Bank, National Association, as General Master Servicer, Rialto Capital Advisors, LLC, as General Special
Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special Servicer, Computershare Trust Company, National Association,
as Certificate Administrator, Wilmington Trust, National Association, as Trustee, and Pentalpha Surveillance LLC, as Operating Advisor
and as Asset Representations Reviewer. Capitalized terms used and not otherwise defined herein have the respective meanings ascribed to
such terms in the Pooling and Servicing Agreement.

    	 	Exhibit F-1-1	 

    

    

In connection with such transfer,
the undersigned hereby represents and warrants to you as follows:

1.       The
Purchaser is not and will not be (a) an employee benefit plan subject to the fiduciary responsibility provisions of the Employee
Retirement Income Security Act of 1974, as amended (“ERISA”), or Section 4975 of the Internal Revenue Code of
1986, as amended (the “Code”), or a governmental plan (as defined in Section 3(32) of ERISA), a church plan (as
defined in Section 3(33) of ERISA) for which no election has been made under Section 410(d) of the Code, or any other plan subject to
any federal, state or local law (“Similar Law”) which is, to a material extent, similar to the foregoing provisions
of ERISA or the Code (each a “Plan”) or (b) a person acting on behalf of (including an entity whose underlying
assets include Plan assets by reason of investment in the entity by such a Plan or Plans and the application of Department of Labor Regulation
§ 2510.3-101, as modified by Section 3(42) of ERISA) or using the assets of any such Plan, other than an insurance company using
the assets of its “insurance company general account” (as such term is defined in Section V(e) of Prohibited Transaction Class
Exemption (“PTCE”) 95-60) under circumstances whereby the purchase and holding of Certificates by such insurance company
would be exempt from the prohibited transaction provisions of ERISA and the Code under Sections I and III of PTCE 95-60 (or a Plan
subject to Similar Law purchasing under circumstances that would not constitute or result in a non-exempt violation of applicable Similar
Law).

2.       The
Purchaser understands that if the Purchaser is or becomes a Person referred to in 1(a) or (b) above, such Purchaser is required to provide
to the Trustee and Certificate Administrator an Opinion of Counsel in form and substance satisfactory to the Trustee, the Certificate
Administrator and the Depositor to the effect that the acquisition and holding of such Certificate by such purchaser or transferee will
not constitute or result in a “prohibited transaction” within the meaning of ERISA, Section 4975 of the Code or any Similar
Law, and will not subject the Trustee, the Certificate Administrator, the Certificate Registrar, any Master Servicer, any Special Servicer,
any sub-servicer, the Initial Purchasers, the Underwriters, the Asset Representations Reviewer, the Operating Advisor or the Depositor
to any obligation or liability (including obligations or liabilities under ERISA, Section 4975 of the Code or any such Similar Law) in
addition to those set forth in the Pooling and Servicing Agreement, which Opinion of Counsel shall not be at the expense of the Depositor,
any Master Servicer, any Special Servicer, the Trustee, the Certificate Administrator, the Operating Advisor, the Asset Representations
Reviewer, the Initial Purchasers, the Underwriters or the Trust.

IN WITNESS WHEREOF, the
Purchaser hereby executes this ERISA Representation Letter on the ___ day of _____________, 20__.

	 	 	 
		Very truly yours,
	 	 
	 	 	[The Purchaser]
	 	 	 
	 	By:	 
		 	Name:
		 	Title:
	 	 	 
	Date:  _________	 	 

 

 

    	 	Exhibit F-1-2	 

    

    

EXHIBIT F-2

Form
of ERISA Representation Letter

regarding CLASS V AND CLASS R CERTIFICATES

[Date]

Computershare Trust Company, National
Association,

as Certificate Administrator

600 South 4th Street, 7th Floor

Minneapolis, Minnesota 55415

Attention: Corporate Trust Services –
BANK 2022-BNK41

[OR OTHER CERTIFICATE REGISTRAR]

 

[Transferor]

[______]

[______]

Attention: [______]

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41

Ladies and Gentlemen:

The undersigned (the “Purchaser”)
proposes to purchase [__]% Percentage Interest in the BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41,
[Class V][Class R] Certificates (the “[Class V][Class R] Certificate”) issued pursuant to that certain Pooling
and Servicing Agreement dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Morgan Stanley Capital
I Inc., as Depositor, Wells Fargo Bank, National Association, as General Master Servicer, Rialto Capital Advisors, LLC, as General Special
Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special Servicer, Computershare Trust Company, National Association,
as Certificate Administrator, Wilmington Trust, National Association, as Trustee, and Pentalpha Surveillance LLC, as Operating Advisor
and as Asset Representations Reviewer. Capitalized terms used and not otherwise defined herein have the respective meanings ascribed to
such terms in the Pooling and Servicing Agreement.

In connection with such transfer,
the undersigned hereby represents and warrants to you that, with respect to the [Class R][Class V] Certificate, the Purchaser is not and
will not become (a) an employee benefit plan or other plan subject to the fiduciary responsibility provisions of the Employee Retirement
Income Security Act of 1974, as amended (“ERISA”) or Section 4975 of the Internal Revenue Code of 1986, as amended
(the “Code”), or a governmental plan (as defined in Section 3(32) of ERISA) or other plan that is subject to any federal,
state or local law that is, to a material extent, similar to the foregoing provisions of ERISA or the Code (“Similar Law”)
(each, a “Plan”), or (b) any person acting on behalf of any such Plan (including an entity whose underlying assets
include Plan assets by reason of investment in the entity by such a Plan or Plans and the application of Department of Labor Regulation
§ 2510.3-101, as modified by

    	 	Exhibit F-2-1	 

     

    

Section 3(42) of ERISA) or using the assets
of a Plan to purchase such [Class V][Class R] Certificate.

IN WITNESS WHEREOF, the
Purchaser hereby executes this ERISA Representation Letter on the ___ day of _____, 20__.

	 	 	 
		Very truly yours,
	 	 	 
	 	[The Purchaser]
	 	 	 
	 	 	 
	 	By:	 
		 	Name:
		 	Title:
	 	 	 
	Date:  _________	 	 

    	 	Exhibit F-2-2	 

     

    

EXHIBIT G

FORM OF DISTRIBUTION DATE STATEMENT

 

 

    	 	Exhibit G-1	 

     

    

 

 

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

 

	Table of Contents
	Section	Pages
	Certificate Distribution Detail	2
	Certificate Factor Detail	3
	Certificate Interest Reconciliation Detail	4
	Exchangeable Certificate Detail	5
	Exchangeable Certificate Factor Detail	6
	Additional Information	7
	Bond / Collateral Reconciliation - Cash Flows	8
	Bond / Collateral Reconciliation - Balances	9
	Current Mortgage Loan and Property Stratification	10-14
	Mortgage Loan Detail (Part 1)	15
	Mortgage Loan Detail (Part 2)	16
	Principal Prepayment Detail	17
	Historical Detail	18
	Delinquency Loan Detail	19
	Collateral Stratification and Historical Detail	20
	Specially Serviced Loan Detail - Part 1	21
	Specially Serviced Loan Detail - Part 2	22
	Modified Loan Detail	23
	Historical Liquidated Loan Detail	24
	Historical Bond / Collateral Loss Reconciliation Detail	25
	Interest Shortfall Detail - Collateral Level	26
	Supplemental Notes	27
	 	 
	 	 

	Contacts
	  Role	Party and Contact Information
	Depositor	Morgan Stanley Capital I Inc.	 	 
	 	Jane Lam	 	cmbs_notices@morganstanley.com
	 	1585 Broadway | New York, NY 10036 | United States
	Master Servicer	Wells Fargo Bank, National Association	 	 
	 	Commercial Servicing	 	commercial.servicing@wellsfargo.com
	 	Three Wells Fargo, MAC D1050-084, 401 S. Tryon Street, 8th Floor | Charlotte, NC 28202 | United States
	Master Servicer	Wells Fargo Bank, National Association	 	 
	 	Commercial Servicing	 	commercial.servicing@wellsfargo.com
	 	Three Wells Fargo, MAC D1050-084, 401 S. Tryon Street, 8th Floor | Charlotte, NC 28202 | United States
	Special Servicer	Rialto Capital Advisors, LLC	 	 
	 	Niral Shah	(305) 485-2041	Niral.shah@rialtocapital.com
	 	200 S. Biscayne Blvd., Suite 3550 | Miami, FL 33131 | United States
	Operating Advisor & Asset Representations Reviewer	Pentalpha Surveillance LLC	 	 
	 	Don Simon	(203) 660-6100	 
	 	375 North French Road, Suite 100 | Amherst, NY 14228 | United States
	Certificate Administrator	Computershare Trust Company, N.A.	 	 
	 	Corporate Trust Services (CMBS)	 	cts.cmbs.bond.admin@wellsfargo.com; trustadministrationgroup@wellsfargo.com
	 	9062 Old Annapolis Road | Columbia, MD 21045 | United States
	Trustee	Wilmington Trust, National Association	 	 
	 	Attention: CMBS Trustee	(302) 636-4140	CMBSTrustee@wilmingtontrust.com
	 	1100 North Market Street | Wilmington, DE 19890 | United States

	 	This report is compiled by Computershare Trust Company, N.A.
from information provided by third parties. Computershare Trust Company, N.A. has not independently confirmed the accuracy of the information.
	 	Please visit www.ctslink.com for additional information
and if applicable, any special notices and any credit risk retention notices. In addition, certificate holders may register online for
email notification when special notices are posted. For information or assistance please call 866-846-4526.

 

    	© 2021 Computershare. All rights reserved. Confidential.
	Page 1 of 27

     

    

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

	Certificate Distribution Detail
	Class	CUSIP	Pass-Through Rate (2)	 	Original Balance	Beginning Balance	Principal Distribution	Interest Distribution	Prepayment Penalties	Realized Losses	Total Distribution	Ending Balance	Current Credit Support1	Original Credit Support1
	 
	A-1	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	A-SB	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	A-3	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	A-4	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	A-S	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	B	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	C	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	D	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	E	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	F	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	G	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	H	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	V	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	R	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	RR Interest	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	Regular SubTotal	 	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	X-D	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 	 
	X-F	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 	 
	X-G	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 	 
	X-H	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 	 
	Notional SubTotal	 	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Deal Distribution Total	 	 	 	0.00	0.00	0.00	0.00	0.00	 	 	 
	 	 
	 	 
	*	Denotes the Controlling Class (if required)
	(1)	Calculated by taking (A) the sum of the ending certificate balance of all classes in a series less (B) the sum of (i) the ending certificate balance of the designated class and (ii) the ending certificate balance of all classes which are not subordinate to the designated class and dividing the result by (A).
	(2)	Pass-Through Rates with respect to any Class of Certificates on next month's Payment Date is expected to be the same as the current respective Pass-Through Rate, subject to any modifications on the underlying loans, any change in certificate or pool balance, any change in the underlying index (if and as applicable), and any other matters provided in the governing documents.

 

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	Page 2 of 27

     

    

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

	Certificate Factor Detail
	Class	CUSIP	Beginning Balance	Principal Distribution	Interest Distribution	Interest Shortfalls / (Paybacks)	Cumulative Interest Shortfalls	Prepayment Penalties	Losses	Total Distribution	Ending Balance
	Regular Certificates
	A-1	              	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	A-SB	              	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	A-3	              	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	A-4	              	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	A-S	              	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	B	              	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	C	              	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	D	              	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	E	              	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	F	              	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	G	              	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	H	              	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	V	              	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	R	              	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	RR Interest	              	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	 	 	 	 	 	 	 	 	 	 	 
	Notional Certificates
	X-D	              	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	X-F	              	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	X-G	              	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	X-H	              	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	 	 	 	 	 	 	 	 	 	 	 

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	Page 3 of 27

     

    

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

	Certificate Interest Reconciliation Detail
	 	Class	Accrual Period	Accrual Days	Prior Cumulative Interest Shortfalls	Accrued Certificate Interest	Net Aggregate Prepayment Interest Shortfall	Distributable Certificate Interest	Interest Shortfalls / (Paybacks)	Payback of Prior Realized Losses	Additional Interest Distribution Amount	Interest Distribution	Cumulative Interest Shortfalls	 
	 	A-1	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	 	A-SB	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	 	A-3	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	 	A-4	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	 	A-S	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	 	B	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	 	C	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	 	X-D	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	 	X-F	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	 	X-G	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	 	X-H	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	 	D	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	 	E	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	 	F	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	 	G	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	 	H	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	 	RR Interest	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	Totals	 	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	 	 

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	Page 4 of 27

     

    

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

	Exchangeable
    Certificate Detail
	
	Class	CUSIP	Pass-Through Rate	Maximum Initial Balance	Beginning Balance	Principal Distribution	Interest Distribution	Prepayment Penalties	Realized Losses	Total Distribution	Ending Balance
	Regular
Interest
	A-3 (Exch)	 	N/A	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	A-3-1	 	N/A	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	A-3-2	 	N/A	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	A-3-X1	 	N/A	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	A-3-X2	 	N/A	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	A-4 (Exch)	 	N/A	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	A-4-1	 	N/A	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	A-4-2	 	N/A	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	A-4-X1	 	N/A	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	A-4-X2	 	N/A	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	A-S (Exch)	 	N/A	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	A-S-1	 	N/A	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	A-S-2	 	N/A	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	A-S-X1	 	N/A	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	A-S-X2	 	N/A	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	B (Exch)	 	N/A	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	B-1	 	N/A	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	B-2	 	N/A	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	B-X1	 	N/A	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	B-X2	 	N/A	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	C (Exch)	 	N/A	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	C-1	 	N/A	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	C-2	 	N/A	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	C-X1	 	N/A	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	C-X2	 	N/A	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	Regular Interest Total	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

 

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	Page 5 of 27

     

    

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

	Exchangeable Certificate Factor Detail
	Class	CUSIP	Beginning Balance	Principal Distribution	Interest Distribution	Interest Shortfalls / (Paybacks)	Cumulative Interest Shortfalls	Prepayment Penalties	Losses	Total Distribution	Ending Balance
	None

    	© 2021 Computershare. All rights reserved. Confidential.
	Page 6 of 27

     

    

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

  

Additional
Information

 

	 
	Total Available Distribution Amount (1)	0.00

		(1)	The
Available Distribution Amount includes any Prepayment Premiums.

 

    	© 2021 Computershare. All rights reserved. Confidential.
	Page 7 of 27

     

    

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

Bond
/ Collateral Reconciliation - Cash Flows

	Total Funds Collected

	 	Interest
	 	 	Interest Paid or Advanced	0.00
	 	 	Interest Reductions due to Nonrecoverability Determination	0.00
	 	 	Interest Adjustments	0.00
	 	 	Deferred Interest	0.00
	 	 	ARD Interest	0.00
	 	 	Net Prepayment Interest Excess / (Shortfall)	0.00
	 	 	Extension Interest	0.00
	 	 	Interest Reserve Withdrawal	0.00
	 	 	Total Interest Collected	0.00

	 	Principal
	 	 	Scheduled Principal	0.00
	 	 	Unscheduled Principal Collections	 
	 	 	Principal Prepayments	0.00
	 	 	Collection of Principal after Maturity Date	0.00
	 	 	Recoveries From Liquidations and Insurance Proceeds	0.00
	 	 	Excess of Prior Principal Amounts Paid	0.00
	 	 	Curtailments	0.00
	 	 	Negative Amortization	0.00
	 	 	Principal Adjustments	0.00
	 	 	 	 
	 	 	 	 
	 	 	Total Principal Collected	0.00

 

 

	 	Other
	 	 	Prepayment Penalties / Yield Maintenance	0.00
	 	 	Gain on Sale / Excess Liquidation Proceeds	0.00
	 	 	Borrower Option Extension Fees	0.00
	 	 	Total Other Collected	0.00

 

	 	Total Funds Collected	0.00

	Total Funds Distributed

	 	Fees
	 	 	Master Servicing Fee	0.00
	 	 	Certificate Administrator Fee	0.00
	 	 	Trustee Fee	0.00
	 	 	CREFC® Intellectual Property Royalty License Fee	0.00
	 	 	Operating Advisor Fee	0.00
	 	 	Asset Representations Reviewer Fee	0.00
	 	 	 	 
	 	 	 	 
	 	 	Total Fees	0.00

	 	Expenses/Reimbursements
	 	 	Reimbursement for Interest on Advances	0.00
	 	 	ASER Amount	0.00
	 	 	Special Servicing Fees (Monthly)	0.00
	 	 	Special Servicing Fees (Liquidation)	0.00
	 	 	Special Servicing Fees (Work Out)	0.00
	 	 	Legal Fees	0.00
	 	 	Rating Agency Expenses	0.00
	 	 	Taxes Imposed on Trust Fund	0.00
	 	 	Non-Recoverable Advances	0.00
	 	 	Workout Delayed Reimbursement Amounts	0.00
	 	 	Other Expenses	0.00
	 	 	Total Expenses/Reimbursements	0.00

	 	 	 
	 	Interest Reserve Deposit	0.00

 

	 	Payments to Certificateholders and Others
	 	 	Interest Distribution	0.00
	 	 	Principal Distribution	0.00
	 	 	Prepayment Penalties / Yield Maintenance	0.00
	 	 	Total Payments to Certificateholders and Others	0.00

 

	 	Total Funds Distributed	0.00

 

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	Page 8 of 27

     

    

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

Bond
/ Collateral Reconciliation - Balances

	Collateral Reconciliation

	 	 	 	 	Total
	Beginning Scheduled Collateral Balance	0.00	 	 	0.00
	(-) Scheduled Principal Collections	0.00	 	 	0.00
	(-) Unscheduled Principal Collections	0.00	 	 	0.00
	(-) Principal Adjustments (Cash)	0.00	 	 	0.00
	(-) Principal Adjustments (Non-Cash)	0.00	 	 	0.00
	(-) Realized Losses from Collateral	0.00	 	 	0.00
	(-) Other Adjustments2	0.00	 	 	0.00
	 	 	 	 	 
	 Ending Scheduled Collateral Balance	0.00	 	 	0.00
	 Beginning Actual Collateral Balance	0.00	 	 	0.00
	 Ending Actual Collateral Balance	0.00	 	 	0.00

	Certificate Reconciliation

	 	Total
	Beginning Certificate Balance	0.00
	(-) Principal Distributions	0.00
	(-) Realized Losses	0.00
	 	Realized Loss and Realized Loss Adjustments on Collateral	0.00
	 	Current Period NRA1	0.00
	 	Current Period WODRA1	0.00
	 	Principal Used to Pay Interest	0.00
	 	Non-Cash Principal Adjustments	0.00
	 	Certificate Other Adjustments**	0.00
	Ending Certificate Balance	0.00

	NRA/WODRA Reconciliation
	 	Non-Recoverable Advances (NRA) from Principal	Workout Delayed Reimbursement of Advances (WODRA) from Principal
	Beginning Cumulative Advances	0.00	0.00
	Current Period Advances	0.00	0.00
	Ending Cumulative Advances	0.00	0.00
	 	 	 

	Under / Over Collateralization Reconciliation
	Beginning UC / (OC)	0.00
	UC / (OC) Change	0.00
	Ending UC / (OC)	0.00
	Net WAC Rate	0.00%
	UC / (OC) Interest	0.00

	(1)	Current Period NRA and WODRA displayed will represent the portion applied as Realized Losses to the bonds.
	(2)	Other Adjustments value will represent miscellaneous items that may impact the Scheduled Balance of the collateral.
	**	A negative value for Certificate Other Adjustments represents the payback of prior Principal Shortfalls, if any.

 

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	Page 9 of 27

     

    

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

Current
Mortgage Loan and Property Stratification

Aggregate
Pool

 

	Scheduled Balance
	
    Scheduled

    Balance
	
    # Of

    Loans
	
    Scheduled

    Balance
	
    % Of 

    Agg. Bal.
	WAM2	WAC	Weighted Avg DSCR1
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 

	Debt Service Coverage Ratio1
	
    Debt Service Coverage

    Ratio
	
    # Of 

    Loans
	
    Scheduled

    Balance
	
    % Of 

    Agg. Bal.
	WAM2	WAC	Weighted Avg DSCR1
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 

	(1)	Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document is used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.
	(2)	Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date.
	(3)	Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects the balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure.

 

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	Page 10 of 27

     

    

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

Current
Mortgage Loan and Property Stratification

 

Aggregate
Pool

 

	State3
	State	
    # Of 

    Properties
	
    Scheduled 

    Balance
	
    % Of 

    Agg. Bal.
	WAM2	WAC	Weighted Avg DSCR1
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 

	Property
    Type3
	
    Property Type
	
    # Of 

    Properties
	
    Scheduled

    Balance
	
    % Of 

    Agg. Bal.
	WAM2	WAC	Weighted Avg DSCR1
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 

Note: Please refer to footnotes on the next page
of the report.

 

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	Page 11 of 27

     

    

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

Current
Mortgage Loan and Property Stratification

 

Aggregate
Pool

 

	Note Rate
	Note Rate	
    # Of 

    Loans
	
    Scheduled 

    Balance
	
    % Of

    Agg. Bal.
	WAM2	WAC	Weighted Avg DSCR1
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 

	Seasoning
	Seasoning	
    # Of

    Loans
	
    Scheduled

    Balance
	
    % Of

    Agg. Bal.
	WAM2	WAC	Weighted Avg DSCR1
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 

	(1)	Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document is used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.
	(2)	Anticipated Remaining Term and WAM are each calculated
    based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date.
	(3)	Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects the balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure.

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	Page 12 of 27

     

    

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

Current
Mortgage Loan and Property Stratification

 

Aggregate
Pool

  

	Anticipated Remaining Term (ARD and Balloon Loans)
	
    Anticipated

    Remaining Term
	
    # Of

    Loans
	
    Scheduled 

    Balance
	
    % Of 

    Agg. Bal.
	WAM2	WAC	Weighted Avg DSCR1
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 

	Remaining Amortization Term (ARD and Balloon Loans)
	
    Remaining

    Amortization Term
	
    # Of

    Loans
	
    Scheduled 

    Balance
	
    % Of 

    Agg. Bal.
	WAM2	WAC	Weighted Avg DSCR1
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 

	(1)	Debt Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from the offering document is used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.
	(2)	Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the Maturity Date.
	(3)	Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as reported in the CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State" and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property, the difference is explained by loans that have been modified into a split loan structure. The "State" and "Property" stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note") of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects the balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure.

    	© 2021 Computershare. All rights reserved. Confidential.
	Page 13 of 27

     

    

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

Current
Mortgage Loan and Property Stratification

 

Aggregate
Pool

  

	Age of Most Recent NOI
	
    Age of Most

    Recent NOI
	
    # Of

    Loans
	
    Scheduled 

    Balance
	
    % Of 

    Agg. Bal.
	WAM2	WAC	Weighted Avg DSCR1
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 

	Remaining Stated Term (Fully Amortizing Loans)
	
    Age of Most

    Recent NOI
	
    # Of

    Loans
	
    Scheduled 

    Balance
	
    % Of 

    Agg. Bal.
	WAM2	WAC	Weighted Avg DSCR1
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 

	(1)	Debt
    Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases
    the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information from
    the offering document is used. The debt service coverage ratio information was provided to the Certificate Administrator by the Master
    Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.
	(2)	Anticipated Remaining
    Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if
    applicable, and the Maturity Date.
	(3)	Data
    in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance
    of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled
    loans as reported in the CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the "State"
    and "Property" stratification tables is not equal to the sum of the scheduled balance figures for each state or property,
    the difference is explained by loans that have been modified into a split loan structure. The "State" and "Property"
    stratification tables do not include the balance of the subordinate note (sometimes called the B-piece or a "hope note")
    of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for each state or property only reflects
    the balance of the senior note (sometimes called the A-piece) of a loan that has been modified into a split-loan structure.

    	© 2021 Computershare. All rights reserved. Confidential.
	Page 14 of 27

     

    

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

	Mortgage Loan Detail (Part 1)
	Pros ID 	Loan ID	Loan Group	Prop Type (1)	City 	State	Interest Accrual Type	Gross Rate	Scheduled Interest	Scheduled Principal	Principal Adjustments	Anticipated Repay Date	Original Maturity Date	Adjusted Maturity Date	Beginning Scheduled Balance	Ending Scheduled Balance	Paid Through Date
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

 

	 	1 Property Type Codes
	 	 	HC - Health Care	MU - Mixed Use	WH - Warehouse	MF - Multi-Family
	 	 	SS - Self Storage	LO - Lodging	RT - Retail	SF - Single Family Rental
	 	 	98 - Other	IN - Industrial	OF - Office	MH - Mobile Home Park
	 	 	SE - Securities	CH - Cooperative Housing	ZZ - Missing Information/Undefined	 

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	Page 15 of 27

     

    

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

	Mortgage Loan Detail (Part 2)
	Pros ID 	Loan Group	Most Recent Fiscal NOI	Most Recent NOI	Most Recent NOI Start Date	Most Recent NOI End Date	Appraisal Reduction Date	Appraisal Reduction Amount	Cumulative ASER	Current P&I Advances	Cumulative P&I Advances	Cumulative Servicer Advances	Current NRA/WODRA from Principal	Defease Status
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

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	Page 16 of 27

     

    

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

	Principal Prepayment Detail
	 	 	 	Unscheduled Principal 	Prepayment Penalties
	Pros ID	Loan Number	Loan

Group	Amount	 	Prepayment / Liquidation Code	Prepayment Premium Amount	Yield Maintenance Amount
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 	 
	 

	 	Note: Principal Prepayment Amount listed here may include Principal Adjustment Amounts on the loan in addition to the Unscheduled Principal Amount.

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	Page 17 of 27

     

    

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

	Historical Detail
	 	Delinquencies1	Prepayments	Rate and Maturities
	 	30-59 Days	60-89 Days	90 Days or More	Foreclosure	REO	Modifications	Curtailments	Payoff	Next Weighted Avg.	 
	Distribution Date	#	Balance	#	Balance	#	Balance	#	Balance	#	Balance	#	Balance	#	Amount	#	Amount	Coupon	Remit	WAM1
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

	 	 

	(1)	Foreclosure and REO Totals are included in the delinquencies aging categories.

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	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

	Delinquency
    Loan Detail
	
	Pros ID	Loan ID	Paid Through Date	Months Delinquent	Mortgage

Loan

Status1	Current P&I Advances	Outstanding P&I Advances	
        Outstanding 

        Servicer

        Advances

        	Actual Principal Balance	
        Servicing 

        Transfer

        Date

        	Resolution

Strategy

Code2	Bankruptcy Date	Foreclosure Date	REO Date
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	1 Mortgage Loan Status
	 	 	A
    - Payment Not Received But Still in Grace Period	0
    - Current	4
    - Performing Matured Balloon
	 	 	B -
    Late Payment But Less Than 30 days  Delinquent	1 -
    30-59 Days Delinquent	5 -
    Non Performing Matured Balloon
	 	 	 	2 -
    60-89 Days Delinquent	6 -
    121+ Days Delinquent
	 	 	 	3 -
    90-120 Days Delinquent	 
	 	 	 	 	 

	 	2 Resolution Strategy Code
	 	 	1
    - Modification	6
    - DPO	10
    - Deed in Lieu of Foreclosures
	 	 	2 -
    Foreclosure	7 -
    REO	11-
    Full Payoff
	 	 	3 -
    Bankruptcy	8 -
    Resolved	12
    - Reps and Warranties
	 	 	4 -
    Extension	9 -
    Pending Return to Master Servicer	13
    -  TBD
	 	 	5 -
    Note Sale	98
    - Other	 

	 	     Note: Outstanding P & I Advances include the current period advance.

 

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	Page 19 of 27

     

    

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
		 	 	 

 

Collateral
Stratification and Historical Detail

 

	Maturity Dates and Loan Status1

 

	 	Total	Performing	Non-Performing	REO/Foreclosure
	 			 
	Past Maturity	0	0	0	0
	0 - 6 Months	0	0	0	0
	7 - 12 Months	0	0	0	0
	13 - 24 Months	0	0	0	0
	25 - 36 Months	0	0	0	0
	37 - 48 Months	0	0	0	0
	49 - 60 Months	0	0	0	0
	> 60 Months	0	0	0	0

 

	Historical Delinquency Information

 

	 	Total	Current	30-59 Days	60-89 Days	90+ Days	REO/Foreclosure
	 					
	May-22	0	0	0	0	0	0
	Apr-22	0	0	0	0	0	0
	Mar-22	0	0	0	0	0	0
	Feb-22	0	0	0	0	0	0
	Jan-22	0	0	0	0	0	0
	Dec-21	0	0	0	0	0	0
	Nov-21	0	0	0	0	0	0
	Oct-21	0	0	0	0	0	0
	Sep-21	0	0	0	0	0	0
	Aug-21	0	0	0	0	0	0
	Jul-21	0	0	0	0	0	0
	Jun-21	0	0	0	0	0	0

  

	(1)	Maturity dates used in this chart are based on the dates provided by the Master Servicer in the Loan Periodic File.

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	Page 20 of 27

     

    

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

	Specially
    Serviced Loan Detail - Part 1
	
	Pros ID	Loan ID	Ending Scheduled Balance	Actual Balance	Appraisal Value	Appraisal Date	Net Operating Income	DSCR	DSCR Date	Maturity Date	
        Remaining

        Amort Term

        
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 	 	 	 	 
	 

 

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	Page 21 of 27

     

    

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

	Specially
    Serviced Loan Detail - Part 2
	
	Pros ID	Loan ID	Property Type1	State	
        Servicing

        Transfer

        Date

        	Resolution Strategy Code2	Special Servicing Comments
	 	 	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 
	 	 
	 

	 	1 Property Type Codes
	 	 	HC - Health Care	MU - Mixed Use	WH - Warehouse
	 	 	MF - Multi-Family	SS - Self Storage	LO - Lodging
	 	 	RT - Retail	SF - Single Family Rental	98 - Other
	 	 	IN - Industrial	OF - Office	MH - Mobile Home Park
	 	 	SE - Securities	CH - Cooperative Housing	ZZ - Missing Information/Undefined

	 	2 Resolution Strategy Code
	 	 	1 - Modification	6 - DPO	10 - Deed in Lieu of Foreclosures
	 	 	2 - Foreclosure	7 - REO	11- Full Payoff
	 	 	3 - Bankruptcy	8 - Resolved	12 - Reps and Warranties
	 	 	4 - Extension	9 - Pending Return to Master Servicer	13 -  TBD
	 	 	5 - Note Sale	98 - Other	 

 

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	Page 22 of 27

     

    

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

Modified
Loan Detail

	 	 	 	Pre-Modification	Post-Modification	Modification 	Modification Booking 	Modification Closing 	Modification Effective 
	Pros ID	Loan Number	 	Balance	Rate	Balance	Rate	
        

        Code1

        	
        

        Date

        	
        

        Date

        	
        

        Date

        
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 	 	 	 	 
	 

	1 Modification Codes
	 	1 - Maturity Date Extension	5 - Temporary Rate Reduction	8 - Other	 
	 	2 - Amortization Change	6 - Capitalization on Interest	9 - Combination	 
	 	3 - Principal Write-Off	7 - Capitalization on Taxes	10 - Forbearance	 
	 	 	 	 	 

	 	Note: Please refer to Servicer Reports for modification comments.

 

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	Page 23 of 27

     

    

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

	Historical
    Liquidated Loan Detail
	
	Pros ID1	
        Loan

        Number

        	Dist.Date	
        Loan

        Beginning

        Scheduled

        Balance

        	
        Most Recent

        Appraised

        Value or BPO

        	
        Gross Sales

        Proceeds or

        Other

        Proceeds

        	
        Fees,

        Advances,

        and Expenses

        	
        Net Proceeds

        Received on

        Liquidation

        	
        Net Proceeds

        Available for

        Distribution

        	
        Realized Loss

        to Loan

        	
        Current 

        Period

        Adjustment to

        Loan

        	
        Cumulative

        Adjustment to

        Loan

        	
        Loss to Loan

        with

        Cumulative

        Adjustment

        	
        Percent of

        Original

        Loan

        Balance

        
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 

	Current Period Totals	 	 	 	 	 	 	 	 	 	 	 
	Cumulative Totals	 	 	 	 	 	 	 	 	 	 	 

 

	 	Note: Fees, Advances and Expenses also include outstanding P & I advances and unpaid fees (servicing, trustee, etc.).

 

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	Page 24 of 27

     

    

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

	 	 	Historical
    Bond / Collateral Loss Reconciliation Detail	 
	 	 	 	 
	Pros ID	
        Loan

        Number

        	Distribution Date	
        Certificate 

        Interest Paid

        from Collateral

        Principal

        Collections

        	
        Reimb of Prior

        Realized Losses

        from Collateral

        Interest

        Collections

        	
        Aggregate

        Realized Loss to

        Loan

        	
        Loss Covered by

        Credit

        Support/Deal

        Structure

        	
        Loss Applied to

        Certificate

        Interest Payment

        	
        Loss Applied to

        Certificate

        Balance

        	
        Non-Cash 

        Principal

        Adjustment

        	
        Realized Losses

        from

        NRA/WODRA

        	
        Total Loss 

        Applied to

        Certificate

        Balance

        
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Current Period Totals	 	 	 	 	 	 	 	 	 	 
	Cumulative Totals	 	 	 	 	 	 	 	 	 	 
	 	 

 

    	© 2021 Computershare. All rights reserved. Confidential.
	Page 25 of 27

     

    

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

Interest Shortfall
Detail - Collateral Level

	Pros ID	
        Interest

        Adjustments

        	
        Deferred

        Interest

        Collected

        	Special Servicing Fees	ASER	PPIS /  (PPIE)	
        Non-

        Recoverable

        Interest

        	
        Interest on

        Advances

        	
        Reimbursement of 

        Advances from

        Interest

        	
        Other

        Shortfalls /

        (Refunds)

        	
        Modified

        Interest

        Reduction /

        (Excess)

        
	Monthly	Liquidation	Work Out
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	Total	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	Note: Interest Adjustments listed for each loan do not include amounts that were used to adjust the Weighted Average Net Rate of the mortgage loans.	Collateral Shortfall Total	0.00

 

    	© 2021 Computershare. All rights reserved. Confidential.
	Page 26 of 27

     

    

 

	Distribution
    Date:	06/17/22	BANK 2022-BNK41	
	Determination
    Date:	06/13/22
	Record
    Date:	06/31/22	Commercial Mortgage Pass-Through Certificates
			Series 2022-BNK41
	 	 	 	 

Supplemental
Notes

	None

 

    	© 2021 Computershare. All rights reserved. Confidential.
	Page 27 of 27

     

    

      

EXHIBIT H

FORM OF OMNIBUS ASSIGNMENT

[NAME OF CURRENT ASSIGNOR]
having an address at [ADDRESS OF CURRENT ASSIGNOR] (the “Assignor”)
for good and valuable consideration, the receipt and sufficiency of which are acknowledged, hereby sells, transfers, assigns, delivers,
sets over and conveys, without recourse, representation or warranty, express or implied, unto “Wilmington Trust, National Association,
as Trustee for the registered holders of BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41” (the
“Assignee”), having an office at 1100 North Market
Street, Wilmington, Delaware 19890, Attention: CMBS Trustee BANK 2022-BNK41, its successors and assigns, all right, title and interest
of the Assignor in and to:

That certain mortgage and
security agreement, deed of trust and security agreement, deed to secure debt and security agreement, or similar security instrument (the
“Security Instrument”), and that certain Promissory
Note (the “Mortgage Note”), for each of the Mortgage
Loans shown on the Mortgage Loan Schedule attached hereto as Exhibit B, and that certain assignment of leases and rents given in
connection therewith and all of the Assignor’s right, title and interest in any claims, collateral, insurance policies, certificates
of deposit, letters of credit, escrow accounts, performance bonds, demands, causes of action and any other collateral arising out of and/or
executed and/or delivered in or to or with respect to the Security Instrument and the Mortgage Note, together with any other documents
or instruments executed and/or delivered in connection with or otherwise related to the Security Instrument and the Mortgage Note.

IN WITNESS WHEREOF, the
Assignor has executed this instrument under seal to be effective as of the [__] day of [_____________], 20[__].

		[NAME OF CURRENT ASSIGNOR]
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

    	 	Exhibit H-1	 

     

    

EXHIBIT I

Form
of Transfer Certificate

for Rule 144A Book-Entry Certificate

to Temporary Regulation S Book-Entry Certificate

during Restricted Period

(Exchanges or transfers pursuant to

Section 5.03(c) of the Pooling and Servicing Agreement)

Computershare Trust Company, National
Association,

as Certificate Registrar

600 South 4th
Street, 7th Floor

Minneapolis,
Minnesota 55415

Attention: Corporate Trust Services (CMBS)

BANK 2022-BNK41

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, 

Series 2022-BNK41,
Class [__]

Reference is hereby made
to the Pooling and Servicing Agreement dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Morgan
Stanley Capital I Inc., as Depositor, Wells Fargo Bank, National Association, as General Master Servicer, Rialto Capital Advisors, LLC,
as General Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special Servicer, Computershare Trust Company,
National Association, as Certificate Administrator, Wilmington Trust, National Association, as Trustee, and Pentalpha Surveillance LLC,
as Operating Advisor and as Asset Representations Reviewer. Capitalized terms used but not defined herein shall have the meanings given
to them in the Pooling and Servicing Agreement.

This letter relates to US
$[______] aggregate [Certificate Balance] [Notional Amount] of the Class [__] Certificates (the “Certificates”)
which are held in the form of a beneficial interest in the Rule 144A Book-Entry Certificate of such Class (CUSIP No. [______]) with
the Depository in the name of [insert name of Transferor] (the “Transferor”). The Transferor has requested an exchange
or transfer of such beneficial interest for a beneficial interest in the Temporary Regulation S Book-Entry Certificate of such Class (CINS
No. [______] and ISIN No. [______]) to be held with the Depository in the name of [Euroclear] [Clearstream]*
(Common Code No. [______]).

In connection with such request
and in respect of such Certificates, the Transferor does hereby certify that such exchange or transfer has been made in compliance with
the transfer restrictions set forth in the Pooling and Servicing Agreement and pursuant to and in accordance with Regulation S (“Regulation S”)
under the Securities Act of 1933, as amended (the “Securities Act”), and accordingly the Transferor does hereby certify
that:

 

*
    Select appropriate depository.

    	 	Exhibit I-1	 

     

    

(1)       the
offer of the Certificates was not made to a person in the United States;

[(2)      at the time the buy
order was originated, the transferee was outside the United States or the Transferor and any person acting on its behalf reasonably believed
and believes that the transferee was outside the United States;]**

[(2)      the transaction was
executed in, on or through the facilities of a designated offshore securities market and neither the Transferor nor any person acting
on its behalf knows that the transaction was pre-arranged with a buyer in the United States;]**

(3)       no
“directed selling efforts” within the meaning of Rule 902(c) of Regulation S have been made in contravention of the requirements
of Rule 903(b) or 904(b) of Regulation S, as applicable; and

(4)       the
transaction is not part of a plan or scheme to evade the registration requirements of the Securities Act.

We understand that this
certificate is required in connection with certain securities laws of the United States. In connection therewith, if administrative or
legal proceedings are commenced or threatened in connection with which this certificate is or would be relevant, we irrevocably authorize
you to produce this certificate to any interested party in such proceeding. This certificate and the statements contained herein are
made for your benefit and the benefit of the Depositor, the Trustee, the Certificate Administrator, the Operating Advisor, each applicable
Master Servicer, each applicable Special Servicer, the Asset Representations Reviewer and the Initial Purchasers.

		
 [Insert Name of Transferor]
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

Dated: _______

cc: Morgan Stanley Capital
I Inc.

 

 

**    Insert
one of these two provisions, which come from the definition of “offshore transaction” in Regulation S.

    	 	Exhibit I-2	 

     

    

EXHIBIT J

Form
of Transfer Certificate

for Rule 144A Book-Entry Certificate

to Regulation S Book-Entry Certificate after Restricted Period

(Exchange or transfers pursuant to

Section 5.03(d) of the Pooling and Servicing Agreement)

Computershare Trust Company, National
Association,

as Certificate Registrar

600 South 4th
Street, 7th Floor

Minneapolis,
Minnesota 55415

Attention: Corporate Trust Services (CMBS)

BANK 2022-BNK41

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41, Class [__]

Reference is hereby made
to the Pooling and Servicing Agreement dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Morgan
Stanley Capital I Inc., as Depositor, Wells Fargo Bank, National Association, as General Master Servicer, Rialto Capital Advisors, LLC,
as General Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special Servicer, Computershare Trust Company,
National Association, as Certificate Administrator, Wilmington Trust, National Association, as Trustee, and Pentalpha Surveillance LLC,
as Operating Advisor and as Asset Representations Reviewer. Capitalized terms used but not defined herein shall have the meanings given
to them in the Pooling and Servicing Agreement.

This letter relates to US
$[______] aggregate [Certificate Balance] [Notional Amount] of the Class [__] Certificates (the “Certificates”)
which are held in the form of a beneficial interest in the Rule 144A Book-Entry Certificate of such Class (CUSIP No. [______]) with
the Depository in the name of [insert name of Transferor] (the “Transferor”). The Transferor has requested an exchange
or transfer of such beneficial interest for a beneficial interest in the Regulation S Book-Entry Certificate of such Class (CINS
No. [______], ISIN No. [______], and Common Code No. [______]).

In connection with such request
and in respect of such Certificates, the Transferor does hereby certify that such exchange or transfer has been made in compliance with
the transfer restrictions set forth in the Pooling and Servicing Agreement pursuant to and in accordance with Regulation S (“Regulation S”)
under the Securities Act of 1933, as amended (the “Securities Act”), and accordingly the Transferor does hereby certify
that:

(1)       the
offer of the Certificates was not made to a person in the United States,

    	 	Exhibit J-1	 

     

    

[(2)      at the time the buy
order was originated, the transferee was outside the United States or the Transferor and any person acting on its behalf reasonably believed
and believes that the transferee was outside the United States,]*

[(2)     the transaction was
executed in, on or through the facilities of a designated offshore securities market and neither the Transferor nor any person acting
on its behalf knows that the transaction was pre-arranged with a buyer in the United States,] *

(3)       no
“directed selling efforts” within the meaning of Rule 902(c) of Regulation S have been made in contravention of the requirements
of Rule 903(b) or 904(b) of Regulation S, as applicable, and

(4)       the
transaction is not part of a plan or scheme to evade the registration requirements of the Securities Act.

We understand that this
certificate is required in connection with certain securities laws of the United States. In connection therewith, if administrative or
legal proceedings are commenced or threatened in connection with which this certificate is or would be relevant, we irrevocably authorize
you to produce this certificate to any interested party in such proceeding. This certificate and the statements contained herein are
made for your benefit and the benefit of the Depositor, the Trustee, the Certificate Administrator, the Operating Advisor, each applicable
Master Servicer, each applicable Special Servicer, the Asset Representations Reviewer and the Initial Purchasers.

		
 [Insert Name of Transferor]
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

Dated: ________

cc: Morgan Stanley Capital I Inc.

 

 

 

 

*     Insert
one of these two provisions, which come from the definition of “offshore transaction” in Regulation S.

    	 	Exhibit J-2	 

     

    

EXHIBIT K

Form
of Transfer Certificate

for Temporary Regulation S Book-Entry Certificate

to Rule 144A Book-Entry Certificate during Restricted Period

(Exchange or transfers pursuant to

Section 5.03(e) of the Pooling and Servicing Agreement)

Computershare Trust Company, National
Association,

as Certificate Registrar

600 South 4th
Street, 7th Floor

Minneapolis,
Minnesota 55415

Attention: Corporate Trust Services (CMBS)

BANK 2022-BNK41

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41,
Class [__]

Reference is hereby made
to the Pooling and Servicing Agreement dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Morgan
Stanley Capital I Inc., as Depositor, Wells Fargo Bank, National Association, as General Master Servicer, Rialto Capital Advisors, LLC,
as General Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special Servicer, Computershare Trust Company,
National Association, as Certificate Administrator, Wilmington Trust, National Association, as Trustee, and Pentalpha Surveillance LLC,
as Operating Advisor and as Asset Representations Reviewer. Capitalized terms used but not defined herein shall have the meanings given
to them in the Pooling and Servicing Agreement.

This letter relates to US
$[______] aggregate [Certificate Balance] [Notional Amount] of the Class [__] Certificates (the “Certificates”)
which are held in the form of a beneficial interest in the Temporary Regulation S Book-Entry Certificate of such Class (CINS No. [______]
and ISIN No. [______]) with [Euroclear] [Clearstream]* (Common Code [______]) through
the Depository in the name of [insert name of transferor] (the “Transferor”). The Transferor has requested an exchange
or transfer of such beneficial interest for a beneficial interest in the Rule 144A Book-Entry Certificate of such Class (CUSIP No.
[______]).

In connection with such request,
and in respect of such Certificates, the Transferor does hereby certify that such Certificates are being exchanged or transferred in accordance
with Rule 144A (“Rule 144A”) under the Securities Act of 1933, as amended (the “Securities Act”),
to a transferee that the Transferor reasonably believes is purchasing the Certificates for its own account, or for one or more accounts
with respect to which the transferee exercises sole investment discretion, and the transferee and any such account is a “qualified
institutional buyer” within the meaning of Rule 144A in each case in a transaction meeting the requirements of Rule 144A
and

 

*
   Select appropriate depository.

    	 	Exhibit K-1	 

     

    

in accordance with any applicable securities
laws of any state of the United States or other applicable jurisdiction.

We understand that this
certificate is required in connection with certain securities laws of the United States. In connection therewith, if administrative or
legal proceedings are commenced or threatened in connection with which this certificate is or would be relevant, we irrevocably authorize
you to produce this certificate to any interested party in such proceeding. This certificate and the statements contained herein are
made for your benefit and the benefit of the Depositor, the Trustee, the Certificate Administrator, the Operating Advisor, each applicable
Master Servicer, each applicable Special Servicer, the Asset Representations Reviewer and the Initial Purchasers.

		[Insert Name of Transferor]
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

Dated: _______

cc: Morgan Stanley Capital I Inc.

    	 	Exhibit K-2	 

     

    

EXHIBIT L

Form
of Transfer Certificate

for Temporary Regulation S Book-Entry Certificate

to Regulation S Book-Entry Certificate after Restricted Period

(Exchanges pursuant to

Section 5.03(f) of the Pooling and Servicing Agreement)

Computershare Trust Company, National
Association,

as Certificate Registrar

600 South 4th
Street, 7th Floor

Minneapolis,
Minnesota 55415

Attention: Corporate Trust Services (CMBS)

BANK 2022-BNK41

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, 

Series 2022-BNK41,
Class [__]

Reference is hereby made
to the Pooling and Servicing Agreement dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Morgan
Stanley Capital I Inc., as Depositor, Wells Fargo Bank, National Association, as General Master Servicer, Rialto Capital Advisors, LLC,
as General Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special Servicer, Computershare Trust Company,
National Association, as Certificate Administrator, Wilmington Trust, National Association, as Trustee, and Pentalpha Surveillance LLC,
as Operating Advisor and as Asset Representations Reviewer. Capitalized terms used but not defined herein shall have the meanings given
to them in the Pooling and Servicing Agreement.

[For purposes of acquiring
a beneficial interest in a Regulation S Book-Entry Certificate of the Class specified above after the expiration of the Restricted
Period,] [For purposes of receiving payments under a Temporary Regulation S Book-Entry Certificate of the Class specified above,]*
the undersigned holder of a beneficial interest in a Temporary Regulation S Book-Entry Certificate of the Class specified above issued
under the Pooling and Servicing Agreement certifies that it is not a U.S. Person as defined by Regulation S under the Securities
Act of 1933, as amended.

We undertake to advise you
promptly by facsimile on or prior to the date on which you intend to submit your corresponding certification relating to the Certificates
of the Class specified above held by you for our account if any applicable statement herein is not correct on such date, and in the absence
of any such notification it may be assumed that this certification applies as of such date.

 

 

*
    Select, as applicable.

    	 	Exhibit L-1	 

     

    

We understand that this
certificate is required in connection with certain securities laws of the United States. In connection therewith, if administrative or
legal proceedings are commenced or threatened in connection with which this certificate is or would be relevant, we irrevocably authorize
you to produce this certificate to any interested party in such proceeding. This certificate and the statements contained herein are
made for your benefit and the benefit of the Depositor, each applicable Master Servicer, each applicable Special Servicer, the Trustee,
the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer and the Initial Purchasers.

	 	Dated:______________
	 	 	 
	 	 	 
		By:	
	 	 	as, or as agent for, the holder of a beneficial 

interest in the Certificates to which this certificate relates.

 

 

    	 	Exhibit L-2	 

     

    

EXHIBIT M

Form
of Transfer Certificate

for Non-Book Entry Certificate

to Temporary Regulation S Book-Entry Certificate

(Exchanges or transfers pursuant to

Section 5.03(g) of the Pooling and Servicing Agreement)

Computershare Trust Company, National
Association,

as Certificate Registrar

600 South 4th
Street, 7th Floor

Minneapolis,
Minnesota 55415

Attention: Corporate Trust Services (CMBS)

BANK 2022-BNK41

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41,
Class [__]

Reference is hereby made
to the Pooling and Servicing Agreement dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Morgan
Stanley Capital I Inc., as Depositor, Wells Fargo Bank, National Association, as General Master Servicer, Rialto Capital Advisors, LLC,
as General Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special Servicer, Computershare Trust Company,
National Association, as Certificate Administrator, Wilmington Trust, National Association, as Trustee, and Pentalpha Surveillance LLC,
as Operating Advisor and as Asset Representations Reviewer. Capitalized terms used but not defined herein shall have the meanings given
to them in the Pooling and Servicing Agreement.

This letter relates to US
$[______] aggregate [Certificate Balance] [Notional Amount] of the Class [__] Certificates (the “Certificates”)
which are held in the form of Non-Book Entry Certificates of such Class (CUSIP No. [______]) in the name of [insert name of Transferor]
(the “Transferor”). The Transferor has requested an exchange or transfer of such Non-Book Entry Certificates for a
beneficial interest in the Temporary Regulation S Book-Entry Certificate of such Class (CINS No. [______] and ISIN No. [______]) to be
held with [Euroclear] [Clearstream]* (Common Code [______]) through the Depository.

In connection with such request,
and in respect of such Certificates, the Transferor does hereby certify that such exchange or transfer has been made in compliance with
the transfer restrictions set forth in the Pooling and Servicing Agreement and pursuant to and in accordance with Regulation S (“Regulation S”)
under the Securities Act of 1933, as amended (the “Securities Act”), and accordingly the Transferor does hereby certify
that:

(1)       the
offer of the Certificates was not made to a person in the United States;

 

 

*
    Select appropriate depository.

    	 	Exhibit M-1	 

     

    

[(2)      at the time the buy
order was originated, the transferee was outside the United States or the Transferor and any person acting on its behalf reasonably believed
and believes that the transferee was outside the United States;]**

[(2)     the transaction was
executed in, on or through the facilities of a designated offshore securities market and neither the Transferor nor any person acting
on its behalf knows that the transaction was pre-arranged with a buyer in the United States;] **

(3)       no
“directed selling efforts” within the meaning of Rule 902(c) of Regulation S have been made in contravention of the requirements
of Rule 903(b) or 904(b) of Regulation S, as applicable; and

(4)       the
transaction is not part of a plan or scheme to evade the registration requirements of the Securities Act.

We understand that this
certificate is required in connection with certain securities laws of the United States. In connection therewith, if administrative or
legal proceedings are commenced or threatened in connection with which this certificate is or would be relevant, we irrevocably authorize
you to produce this certificate to any interested party in such proceeding. This certificate and the statements contained herein are
made for your benefit and the benefit of the Depositor, each applicable Master Servicer, each applicable Special Servicer, the Trustee,
the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer and the Initial Purchasers.

		[Insert Name of Transferor]
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

Dated: ________

cc: Morgan Stanley Capital I Inc.

 

 

**     Insert
one of these two provisions, which come from the definition of “offshore transaction” in Regulation S.

    	 	Exhibit M-2	 

     

    

EXHIBIT N

Form
of Transfer Certificate

for Non-Book Entry Certificate

to Regulation S Book-Entry Certificate

(Exchange or transfers pursuant to

Section 5.03(g) of the Pooling and Servicing Agreement)

Computershare Trust Company, National
Association,

as Certificate Registrar

600 South 4th
Street, 7th Floor

Minneapolis,
Minnesota 55415

Attention: Corporate Trust Services (CMBS)

BANK 2022-BNK41

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41, Class [__]

Reference is hereby made
to the Pooling and Servicing Agreement dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Morgan
Stanley Capital I Inc., as Depositor, Wells Fargo Bank, National Association, as General Master Servicer, Rialto Capital Advisors, LLC,
as General Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special Servicer, Computershare Trust Company,
National Association, as Certificate Administrator, Wilmington Trust, National Association, as Trustee, and Pentalpha Surveillance LLC,
as Operating Advisor and as Asset Representations Reviewer. Capitalized terms used but not defined herein shall have the meanings given
to them in the Pooling and Servicing Agreement.

This letter relates to US
$[______] aggregate [Certificate Balance] [Notional Amount] of the Class [__] Certificates (the “Certificates”)
which are held in the form of Non-Book Entry Certificates of such Class (CUSIP No. [______]) in the name of [insert name of Transferor]
(the “Transferor”). The Transferor has requested an exchange or transfer of such Non-Book Entry Certificates for a
beneficial interest in the Regulation S Book-Entry Certificate (CINS No. [______], ISIN No. [______], and Common Code No. [______]).

In connection with such request,
and in respect of such Certificates, the Transferor does hereby certify that such exchange or transfer has been made in compliance with
the transfer restrictions set forth in the Pooling and Servicing Agreement pursuant to and in accordance with Regulation S (“Regulation S”)
under the Securities Act of 1933, as amended (the “Securities Act”), and accordingly the Transferor does hereby certify
that:

(1)       the
offer of the Certificates was not made to a person in the United States,

    	 	Exhibit N-1	 

     

    

[(2)     at the time the buy
order was originated, the transferee was outside the United States or the Transferor and any person acting on its behalf reasonably believed
and believes that the transferee was outside the United States,]*

[(2)     the transaction was
executed in, on or through the facilities of a designated offshore securities market and neither the Transferor nor any person acting
on its behalf knows that the transaction was pre-arranged with a buyer in the United States,] *

(3)       no
“directed selling efforts” within the meaning of Rule 902(c) of Regulation S have been made in contravention of the requirements
of Rule 903(b) or 904(b) of Regulation S, as applicable, and

(4)       the
transaction is not part of a plan or scheme to evade the registration requirements of the Securities Act.

We understand that this
certificate is required in connection with certain securities laws of the United States. In connection therewith, if administrative or
legal proceedings are commenced or threatened in connection with which this certificate is or would be relevant, we irrevocably authorize
you to produce this certificate to any interested party in such proceeding. This certificate and the statements contained herein are
made for your benefit and the benefit of the Depositor, each applicable Master Servicer, each applicable Special Servicer, the Trustee,
the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer and the Initial Purchasers.

		[Insert Name of Transferor]
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

Dated: _______

cc: Morgan Stanley Capital I Inc.

 

*     Insert
one of these two provisions, which come from the definition of “offshore transaction” in Regulation S.

    	 	Exhibit N-2	 

     

    

EXHIBIT O

Form
of Transfer Certificate

for Non-Book Entry Certificate

to Rule 144A Book-Entry Certificate

(Exchange or transfers pursuant to

Section 5.03(g) of the Pooling and Servicing Agreement)

Computershare Trust Company, National
Association,

as Certificate Registrar

600 South 4th
Street, 7th Floor

Minneapolis,
Minnesota 55415

Attention: Corporate Trust Services (CMBS)

BANK 2022-BNK41

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41,
Class [__]

Reference is hereby made
to the Pooling and Servicing Agreement dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Morgan
Stanley Capital I Inc., as Depositor, Wells Fargo Bank, National Association, as General Master Servicer, Rialto Capital Advisors, LLC,
as General Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special Servicer, Computershare Trust Company,
National Association, as Certificate Administrator, Wilmington Trust, National Association, as Trustee, and Pentalpha Surveillance LLC,
as Operating Advisor and as Asset Representations Reviewer. Capitalized terms used but not defined herein shall have the meanings given
to them in the Pooling and Servicing Agreement.

This letter relates to US
$[______] aggregate [Certificate Balance] [Notional Amount] of the Class [__] Certificates (the “Certificates”)
which are held in the form of Non-Book Entry Certificates of such Class (CUSIP No. [______]) in the name of [insert name of transferor]
(the “Transferor”). The Transferor has requested an exchange or transfer of such beneficial interest for a beneficial
interest in the Rule 144A Book-Entry Certificate of such Class (CUSIP No. [______]).

In connection with such request,
and in respect of such Certificates, the Transferor does hereby certify that such Certificates are being exchanged or transferred in accordance
with Rule 144A (“Rule 144A”) under the Securities Act of 1933, as amended (the “Securities Act”),
to a transferee that the Transferor reasonably believes is purchasing the Certificates for its own account, or for one or more accounts
with respect to which the transferee exercises sole investment discretion, and the transferee and any such account is a “qualified
institutional buyer” within the meaning of Rule 144A in each case in a transaction meeting the requirements of Rule 144A
and in accordance with any applicable securities laws of any state of the United States or other applicable jurisdiction.

    	 	Exhibit O-1	 

     

    

We understand that this
certificate is required in connection with certain securities laws of the United States. In connection therewith, if administrative or
legal proceedings are commenced or threatened in connection with which this certificate is or would be relevant, we irrevocably authorize
you to produce this certificate to any interested party in such proceeding. This certificate and the statements contained herein are
made for your benefit and the benefit of the Depositor, each applicable Master Servicer, each applicable Special Servicer, the Trustee,
the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer and the Initial Purchasers.

		[Insert Name of Transferor]
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

Dated: _______

cc: Morgan Stanley Capital I Inc.

    	 	Exhibit O-2	 

     

    

EXHIBIT P-1A

FORM OF INVESTOR CERTIFICATION for
Non-Borrower PartY AND/OR THE RISK RETENTION CONSULTATION PARTY

(for Persons other than the DIRECTING CERTIFICATEHOLDER and/or a Controlling Class Certificateholder)

[Date]

Computershare Trust Company, National
Association

9062 Old Annapolis Road

Columbia, Maryland 21045

Attention: Corporate Trust Services (CMBS)

BANK 2022-BNK41

trustadministrationgroup@wellsfargo.com

cts.cmbs.bond.admin@wellsfargo.com

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41,
Class [_] Certificates

In accordance with the
Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Morgan Stanley
Capital I Inc., as Depositor, Wells Fargo Bank, National Association, as General Master Servicer, Rialto Capital Advisors, LLC, as General
Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special Servicer, Computershare Trust Company, National
Association, as Certificate Administrator, Wilmington Trust, National Association, as Trustee, and Pentalpha Surveillance LLC, as Operating
Advisor and as Asset Representations Reviewer, with respect to the certificates (the “Certificates”), the undersigned
hereby certifies and agrees as follows:

1.      The
undersigned is a Certificateholder, a beneficial owner or prospective purchaser of the Class [__] Certificates, a Companion Holder or
the Risk Retention Consultation Party (or any investment advisor or manager or other representative of the foregoing).

2.       The
undersigned is neither the Directing Certificateholder nor a Controlling Class Certificateholder.

3.       In
the case that the undersigned is a Certificateholder, beneficial owner or prospective purchaser of an Offered Certificate, the undersigned
has received a copy of the Prospectus.

4.       [FOR
PARTIES OTHER THAN THE RISK RETENTION CONSULTATION PARTY: The undersigned is not a Borrower Party.]

5.       The
undersigned is requesting access pursuant to the Pooling and Servicing Agreement to certain information (the “Information”)
on the Certificate Administrator’s Website and/or is requesting the information identified on the schedule attached hereto (also,
the “Information”) pursuant to the provisions of the Pooling and Servicing Agreement. In consideration of the disclosure
to the undersigned of the Information, or the access thereto, the undersigned will keep the Information confidential (except from such
outside persons as are

    	 	Exhibit P-1A-1	 

     

    

assisting it in making an evaluation in connection
with purchasing the related Certificates, from its accountants and attorneys, and otherwise from such governmental or banking authorities
or agencies to which the undersigned is subject), and such Information will not, without the prior written consent of the Depositor, be
otherwise disclosed by the undersigned or by its officers, directors, partners, employees, agents or representatives (collectively, the
“Representatives”) in any manner whatsoever, in whole or in part; provided, however, that the obligations
of the undersigned to keep any such Information confidential shall expire one year following the date that the undersigned receives such
Information (with respect to a prospective purchaser only) or is no longer a Certificateholder, a beneficial owner or prospective purchaser
of the Class of Certificates referenced above. The undersigned will not use or disclose the Information in any manner which could result
in a violation of any provision of the Securities Act of 1933, as amended (the “Securities Act”), or the Securities
Exchange Act of 1934, as amended, or would require registration of any Certificate not previously registered pursuant to Section 5 of
the Securities Act.

6.       The
undersigned shall be fully liable for any breach of the Pooling and Servicing Agreement by itself or any of its Representatives and shall
indemnify the Depositor, the Trustee, the Certificate Administrator, each applicable Master Servicer, each applicable Special Servicer,
the Operating Advisor, the Asset Representations Reviewer, the Underwriters, the Initial Purchasers and the Trust Fund for any loss, liability
or expense incurred thereby with respect to any such breach by the undersigned or any of its Representatives.

7.       The
undersigned shall be deemed to have recertified to the provisions herein each time it accesses the Information on the Certificate Administrator’s
Website and the Certificate Administrator shall have no obligation to monitor, determine or verify whether the undersigned has properly
certified or recertified under this Investor Certification any time the undersigned accesses the Certificate Administrator’s Website.

8.       Capitalized
terms used but not defined herein shall have the respective meanings assigned thereto in the Pooling and Servicing Agreement.

 

BY ITS CERTIFICATION HEREOF, the undersigned has made
the representations above and shall have caused, or shall be deemed to have caused its name to be signed hereto by its duly authorized
signatory, as of the date certified.

	 	 	 
	 	 	 
	 	[_____]
	 	 	 
	 	By:	
	 		Name: 
	 	 	Title:
	 	 	 
	 	 	 

Dated: _______

 

cc: Morgan Stanley Capital I Inc.

    	 	Exhibit P-1A-2	 

     

    

EXHIBIT P-1B

FORM OF INVESTOR CERTIFICATION for
Non-Borrower PartY

(for the DIRECTING CERTIFICATEHOLDER and/or a Controlling Class Certificateholder)

[Date]

	
    Wells Fargo Bank, National Association

    Commercial Mortgage Servicing

    550 S. Tryon Street

    MAC D1086-23A

    23rd Floor

    Charlotte, North Carolina 28202

    Attention: BANK 2022-BNK41 Asset Manager

    Email: commercial.servicing@wellsfargo.com
	Computershare Trust Company, National Association

9062 Old Annapolis Road

Columbia, Maryland 21045-1951

Attention:  Corporate Trust Services (CMBS)

BANK 2022-BNK41

trustadministrationgroup@wellsfargo.com

cts.cmbs.bond.admin@wellsfargo.com
	 	 
	
    Wilmington Trust, National Association

    1100 North Market Street

    Wilmington, Delaware 19890

    Attention: CMBS Trustee BANK 2022-BNK41

     

    Pentalpha Surveillance LLC

    375 N. French Road, Suite 100

    Amherst, New York 14228

    Attention: BANK 2022-BNK41 Transaction Manager (with a copy sent contemporaneously
    via email to: notices@pentalphasurveillance.com)

     
	
    Computershare Trust Company, National Association

    600 South 4th Street, 7th Floor

    Minneapolis, Minnesota 55415

    Attention: Corporate Trust Services (CMBS)

    BANK 2022-BNK41

     

    Rialto Capital Advisors, LLC

    200 S. Biscayne Blvd, Suite 3550

    Miami, Florida 33131

    Attention: Liat Heller, Jeff Krasnoff, Niral Shah, Adam Singer (BANK 2022-BNK41)

    Facsimile number: (305) 229-6425

    E-mail: liat.heller@rialtocapital.com, jeff.krasnoff@rialtocapital.com,
    niral.shah@rialtocapital.com, adam.singer@rialtocapital.com mailto:

	
    National Cooperative Bank, N.A.

    2011 Crystal Drive, Suite 800

    Arlington, Virginia 22202

    Attention: Kathleen Luzik, Chief Operating Officer

    Facsimile number: (703) 647-3473

    Email: kluzik@ncb.coop
	 

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41,
Class Certificates

In accordance with the
Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Morgan Stanley
Capital I Inc., as Depositor, Wells

    	 	Exhibit P-1B-1	 

     

    

Fargo Bank, National Association, as General
Master Servicer, Rialto Capital Advisors, LLC, as General Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and
NCB Special Servicer, Computershare Trust Company, National Association, as Certificate Administrator, Wilmington Trust, National Association,
as Trustee, and Pentalpha Surveillance LLC, as Operating Advisor and as Asset Representations Reviewer, with respect to the certificates
(the “Certificates”), the undersigned hereby certifies and agrees as follows:

1.       The
undersigned is the Directing Certificateholder or a Controlling Class Certificateholder.

2.       The
undersigned has received a copy of the Prospectus.

3.       The
undersigned is not a Borrower Party.

4.       The
undersigned is requesting access pursuant to the Pooling and Servicing Agreement to certain information (the “Information”)
on the Certificate Administrator’s Website and may from time to time request information from the Master Servicer or Special Servicer
[and/or is requesting the information identified on the schedule attached hereto (also, the “Information”) pursuant
to the provisions of the Pooling and Servicing Agreement]. In consideration of the disclosure to the undersigned of the Information, or
the access thereto, the undersigned will keep the Information confidential (except from such outside persons as are assisting it in making
an evaluation in connection with purchasing the related Certificates, from its accountants and attorneys, and otherwise from such governmental
or banking authorities or agencies to which the undersigned is subject), and such Information will not, without the prior written consent
of the Depositor, be otherwise disclosed by the undersigned or by its officers, directors, partners, employees, agents or representatives
(collectively, the “Representatives”) in any manner whatsoever, in whole or in part; provided, however,
that the obligations of the undersigned to keep any such Information confidential shall expire one year following the date that the undersigned
receives such Information (with respect to a prospective purchaser only) or is no longer a Certificateholder, a beneficial owner or prospective
purchaser of the Class of Certificates referenced above. The undersigned will not use or disclose the Information in any manner which
could result in a violation of any provision of the Securities Act of 1933, as amended (the “Securities Act”), or the
Securities Exchange Act of 1934, as amended, or would require registration of any Certificate not previously registered pursuant to Section
5 of the Securities Act.

5.       The
undersigned shall be fully liable for any breach of the Pooling and Servicing Agreement by itself or any of its Representatives and shall
indemnify the Depositor, the Trustee, the Certificate Administrator, each applicable Master Servicer, each applicable Special Servicer,
the Operating Advisor, the Asset Representations Reviewer, the Underwriters, the Initial Purchasers and the Trust Fund for any loss, liability
or expense incurred thereby with respect to any such breach by the undersigned or any of its Representatives.

6.       At
any time the undersigned becomes a Borrower Party with respect to any Mortgage Loan or Whole Loan, the undersigned shall deliver the certification
attached as Exhibit P-1D to the Pooling and Servicing Agreement and shall deliver to the applicable parties the notices attached as Exhibit
P-1E and Exhibit P-1F to the Pooling and Servicing Agreement.

    	 	Exhibit P-1B-2	 

     

    

7.       The
undersigned shall be deemed to have recertified to the provisions herein each time it accesses the Information on the Certificate Administrator’s
Website, and the Certificate Administrator shall have no obligation to monitor, determine or verify whether the undersigned has properly
certified or recertified under this Investor Certification any time the undersigned accesses the Certificate Administrator’s Website.

8.       [For
use with any party other than the initial Directing Certificateholder] The undersigned hereby certifies that an executed copy of this
certification in [paper][electronic click-through] form has been delivered in accordance with the notice provisions of the Pooling and
Servicing Agreement to the applicable Information provider listed above [(a) by overnight courier or (b) mailed by registered mail, postage
prepaid].

9.       Capitalized
terms used but not defined herein shall have the respective meanings assigned thereto in the Pooling and Servicing Agreement.

 

BY ITS CERTIFICATION HEREOF, the undersigned has made
the representations above and shall have caused, or shall be deemed to have caused its name to be signed hereto by its duly authorized
signatory, as of the date certified.

	 	 	 
	 	 	 
	 	[_____]
	 	 	 
	 	 	 
	 	By:	
	 		Name: 
	 	 	Title:
	 	 	 
	 	 	 

Dated: _______

cc: Morgan Stanley Capital I Inc.

    	 	Exhibit P-1B-3	 

     

    

EXHIBIT P-1C

FORM OF INVESTOR CERTIFICATION for
Borrower PartY

(for Persons other than the DIRECTING CERTIFICATEHOLDER, THE RISK RETENTION CONSULTATION PARTY and/or a Controlling Class Certificateholder)

[Date]

Computershare Trust Company, National Association

9062 Old Annapolis Road

Columbia, Maryland 21045-1951

Attention: Corporate Trust Services (CMBS)

BANK 2022-BNK41

trustadministrationgroup@wellsfargo.com

cts.cmbs.bond.admin@wellsfargo.com

Wells Fargo Bank, National Association

Commercial Mortgage Servicing

550 S. Tryon Street

MAC D1086-23A

23rd Floor

Charlotte, North Carolina 28202

Attention: BANK 2022-BNK41 Asset Manager

Email: commercial.servicing@wellsfargo.com

 

National Cooperative Bank, N.A.

2011 Crystal Drive, Suite 800

Arlington, Virginia 22202

Attention: Kathleen Luzik, Chief Operating Officer

Facsimile number: (703) 647-3473

Email: kluzik@ncb.coop

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41,
Class Certificates

In accordance with the
Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Morgan Stanley
Capital I Inc., as Depositor, Wells Fargo Bank, National Association, as General Master Servicer, Rialto Capital Advisors, LLC, as General
Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special Servicer, Computershare Trust Company, National
Association, as Certificate Administrator, Wilmington Trust, National Association, as Trustee, and Pentalpha Surveillance LLC, as Operating
Advisor and as Asset Representations Reviewer, with respect to the certificates (the “Certificates”), the undersigned
hereby certifies and agrees as follows:

1.       The
undersigned is a Certificateholder, a beneficial owner or prospective purchaser of the Class [__] Certificates or a Companion Holder (or
any investment advisor or manager or other representative of the foregoing).

    	 	Exhibit P-1C-1	 

     

    

2.       The
undersigned is neither the Directing Certificateholder nor a Controlling Class Certificateholder.

3.       In
the case that the undersigned is a Certificateholder, a beneficial owner or prospective purchaser of an Offered Certificate, the undersigned
has received a copy of the Prospectus.

4.       The
undersigned is a Borrower Party.

5.       The
undersigned is requesting access to the Distribution Date Statement pursuant to the Pooling and Servicing Agreement. In consideration
of the disclosure to the undersigned of the Distribution Date Statement, or the access thereto, the undersigned will keep the Distribution
Date Statement confidential (except from such outside persons as are assisting it in making an evaluation in connection with purchasing
the related Certificates, from its accountants and attorneys, and otherwise from such governmental or banking authorities or agencies
to which the undersigned is subject), and such Distribution Date Statement will not, without the prior written consent of the Depositor,
be otherwise disclosed by the undersigned or by its officers, directors, partners, employees, agents or representatives (collectively,
the “Representatives”) in any manner whatsoever, in whole or in part; provided, however, that the obligations
of the undersigned to keep any such Distribution Date Statement confidential shall expire one year following the date that the undersigned
receives such Distribution Date Statement (with respect to a prospective purchaser only) or is no longer a Certificateholder, a beneficial
owner or prospective purchaser of the Class of Certificates referenced above. The undersigned will not use or disclose the Distribution
Date Statement in any manner which could result in a violation of any provision of the Securities Act of 1933, as amended (the “Securities
Act”), or the Securities Exchange Act of 1934, as amended, or would require registration of any Certificate not previously registered
pursuant to Section 5 of the Securities Act.

6.       The
undersigned shall be fully liable for any breach of the Pooling and Servicing Agreement by itself or any of its Representatives and shall
indemnify the Depositor, the Trustee, the Certificate Administrator, each applicable Master Servicer, each applicable Special Servicer,
the Operating Advisor, the Asset Representations Reviewer, the Underwriters, the Initial Purchasers and the Trust Fund for any loss, liability
or expense incurred thereby with respect to any such breach by the undersigned or any of its Representatives.

7.       The
undersigned shall be deemed to have recertified to the provisions herein each time it accesses the Distribution Date Statement on the
Certificate Administrator’s Website, and the Certificate Administrator shall have no obligation to monitor, determine or verify
whether the undersigned has properly certified or recertified under this Investor Certification any time the undersigned accesses the
Certificate Administrator’s Website.

8.       Capitalized
terms used but not defined herein shall have the respective meanings assigned thereto in the Pooling and Servicing Agreement.

BY ITS CERTIFICATION HEREOF, the undersigned
has made the representations above and shall have caused, or shall be deemed to have caused its name to be signed hereto by its duly authorized
signatory, as of the date certified.

    	 	Exhibit P-1C-2	 

     

    

 

	 	 	 
	 	 	 
	 	[_____]
	 	 	 
	 	 	 
	 	By:	
	 		Name: 
	 	 	Title:
	 	 	 
	 	 	 

Dated: _______

cc: Morgan Stanley Capital I Inc.

    	 	Exhibit P-1C-3	 

     

    

EXHIBIT P-1D

FORM OF INVESTOR CERTIFICATION for
Borrower PartY

(for the DIRECTING CERTIFICATEHOLDER and/or a Controlling Class Certificateholder)

[Date]

	
    Wells Fargo Bank, National Association

    Commercial Mortgage Servicing

    550 S. Tryon Street

    MAC D1086-23A

    23rd Floor

    Charlotte, North Carolina 28202

    Attention: BANK 2022-BNK41 Asset Manager

    Email: commercial.servicing@wellsfargo.com
	Computershare Trust Company, National Association

9062 Old Annapolis Road

Columbia, Maryland 21045-1951

Attention:  Corporate Trust Services (CMBS)

BANK 2022-BNK41

trustadministrationgroup@wellsfargo.com

cts.cmbs.bond.admin@wellsfargo.com
	 	 
	
    Wilmington Trust, National Association

    1100 North Market Street

    Wilmington, Delaware 19890

    Attention: CMBS Trustee BANK 2022-BNK41

     

     

    Pentalpha Surveillance LLC

    375 N. French Road, Suite 100

    Amherst, New York 14228

    Attention: BANK 2022-BNK41 Transaction Manager (with a copy sent contemporaneously
    via email to: notices@pentalphasurveillance.com)

     

     
	
    Computershare Trust Company, National Association

    600 South 4th Street, 7th Floor

    Minneapolis, Minnesota 55415

    Attention: Corporate Trust Services (CMBS)

    BANK 2022-BNK41

     

    Rialto Capital Advisors, LLC

    200 S. Biscayne Blvd, Suite 3550

    Miami, Florida 33131

    Attention: Liat Heller, Jeff Krasnoff, Niral Shah, Adam Singer (BANK 2022-BNK41)

    Facsimile number: (305) 229-6425

    E-mail: liat.heller@rialtocapital.com, jeff.krasnoff@rialtocapital.com,
    niral.shah@rialtocapital.com, adam.singer@rialtocapital.com

     

	
    National Cooperative Bank, N.A.

    2011 Crystal Drive, Suite 800

    Arlington, Virginia 22202

    Attention: Kathleen Luzik, Chief Operating Officer

    Facsimile number: (703) 647-3473

    Email: kluzik@ncb.coop
	 

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 

2022-BNK41,
Class Certificates

    	 	Exhibit P-1D-1	 

     

    

In accordance with the
Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Morgan Stanley
Capital I Inc., as Depositor, Wells Fargo Bank, National Association, as General Master Servicer, Rialto Capital Advisors, LLC, as General
Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special Servicer, Computershare Trust Company, National
Association, as Certificate Administrator, Wilmington Trust, National Association, as Trustee, and Pentalpha Surveillance LLC, as Operating
Advisor and as Asset Representations Reviewer, with respect to the certificates (the “Certificates”), the undersigned
hereby certifies and agrees as follows:

1.      The undersigned is [the
Directing Certificateholder][the Holder of the majority of the Controlling Class][a Controlling Class Certificateholder].

2.       The
undersigned is a Borrower Party with respect to the following [Excluded Loan][Excluded Controlling Class Loan](s):

[IDENTIFY [EXCLUDED
LOAN][EXCLUDED CONTROLLING CLASS LOAN](S)] (the “[Excluded Loan][Excluded Controlling Class Loan](s)”)

The undersigned is not
a Borrower Party with respect to any other Mortgage Loan.

3.       The
undersigned has received a copy of the Prospectus.

4.       Except
with respect to the [Excluded Loan][Excluded Controlling Class Loan](s), the undersigned is requesting access pursuant to the Pooling
and Servicing Agreement to certain information (the “Information”) on the Certificate Administrator’s Website
[and/or is requesting the information identified on the schedule attached hereto (also, the “Information”) pursuant
to the provisions of the Pooling and Servicing Agreement]. In consideration of the disclosure to the undersigned of the Information, or
the access thereto, the undersigned will keep the Information confidential (except from such outside persons as are assisting it in making
an evaluation in connection with purchasing the related Certificates, from its accountants and attorneys, and otherwise from such governmental
or banking authorities or agencies to which the undersigned is subject), and such Information will not, without the prior written consent
of the Depositor, be otherwise disclosed by the undersigned or by its officers, directors, partners, employees, agents or representatives
(collectively, the “Representatives”) in any manner whatsoever, in whole or in part; provided, however,
that the obligations of the undersigned to keep any such Information confidential shall expire one year following the date that the undersigned
receives such Information (with respect to a prospective purchaser only) or is no longer a Certificateholder, a beneficial owner or prospective
purchaser of the Class of Certificates referenced above. The undersigned will not use or disclose the Information in any manner which
could result in a violation of any provision of the Securities Act of 1933, as amended (the “Securities Act”), or the
Securities Exchange Act of 1934, as amended, or would require registration of any Certificate not previously registered pursuant to Section
5 of the Securities Act.

5.       The
undersigned hereby acknowledges and agrees that it is prohibited from accessing, reviewing and using Excluded Information (as defined
in the Pooling and Servicing Agreement) relating to the [Excluded Loan][Excluded Controlling Class Loan](s) to the extent the undersigned
receives access to such Excluded Information on the Certificate Administrator’s

    	 	Exhibit P-1D-2	 

     

    

Website or otherwise receives access to such
Excluded Information in connection with its duties, or exercise of its rights pursuant to the Pooling and Servicing Agreement.

6.       The
undersigned shall be fully liable for any breach of the Pooling and Servicing Agreement by itself or any of its Representatives and shall
indemnify the Depositor, the Trustee, the Certificate Administrator, each applicable Master Servicer, each applicable Special Servicer,
the Operating Advisor, the Asset Representations Reviewer, the Underwriters, the Initial Purchasers and the Trust Fund for any loss, liability
or expense incurred thereby with respect to any such breach by the undersigned or any of its Representatives.

7.       To
the extent the undersigned receives access to any Excluded Information on the Certificate Administrator’s Website or otherwise receives
access to such Excluded Information, the undersigned shall be deemed to have agreed that it (i) will not directly or indirectly provide
any such Excluded Information to (A) the related Borrower Party, (B) any related Excluded Controlling Class Holder, (C) any employees
or personnel of the undersigned or any of its Affiliates involved in the management of any investment in the related Borrower Party or
the related Mortgaged Property or (D) to its actual knowledge, any non-Affiliate that holds a direct or indirect ownership interest in
the related Borrower Party, and (ii) will maintain sufficient internal controls and appropriate policies and procedures in place in order
to comply with the obligations described in clause (i) above.

8.       The
undersigned shall be deemed to have recertified to the provisions herein each time it accesses the Information on the Certificate Administrator’s
Website, and the Certificate Administrator shall have no obligation to monitor, determine or verify whether the undersigned has properly
certified or recertified under this Investor Certification any time the undersigned accesses the Certificate Administrator’s Website.

9.       The
undersigned hereby certifies that an executed copy of this certification in [paper][electronic click-through] form has been delivered
in accordance with the notice provisions of the Pooling and Servicing Agreement to the applicable Information provider listed above [(a)
by overnight courier or (b) mailed by registered mail, postage prepaid].

10.       Capitalized
terms used but not defined herein shall have the respective meanings assigned thereto in the Pooling and Servicing Agreement.

BY ITS CERTIFICATION HEREOF, the undersigned
has made the representations above and shall have caused, or shall be deemed to have caused its name to be signed hereto by its duly
authorized signatory, as of the date certified.

	 	 	 
	 	 	 
	 	[_____]
	 	 	 
	 	 	 
	 	By:	
	 		Name: 
	 	 	Title:
	 	 	 

Dated: _______

 

cc: Morgan Stanley Capital I Inc.

    	 	Exhibit P-1D-3	 

     

    

EXHIBIT P-1E

FORM OF NOTICE OF EXCLUDED CONTROLLING CLASS
HOLDER

[Date]

	
    Wells Fargo Bank, National Association

    Commercial Mortgage Servicing

    550 S. Tryon Street

    MAC D1086-23A

    23rd Floor

    Charlotte, North Carolina 28202

    Attention: BANK 2022-BNK41 Asset Manager

    Email: commercial.servicing@wellsfargo.com
	Computershare Trust Company, National Association

9062 Old Annapolis Road

Columbia, Maryland 21045-1951

Attention:  Corporate Trust Services (CMBS)

BANK 2022-BNK41

trustadministrationgroup@wellsfargo.com

cts.cmbs.bond.admin@wellsfargo.com
	 	 
	
    Wilmington Trust, National Association

    1100 North Market Street

    Wilmington, Delaware 19890

    Attention: CMBS Trustee BANK 2022-BNK41

     

     

    Pentalpha Surveillance LLC

    375 N. French Road, Suite 100

    Amherst, New York 14228

    Attention: BANK 2022-BNK41 Transaction Manager (with a copy sent contemporaneously
    via email to: notices@pentalphasurveillance.com)

     

     
	
    Computershare Trust Company, National Association

    600 South 4th Street, 7th Floor

    Minneapolis, Minnesota 55415

    Attention: Corporate Trust Services (CMBS)

    BANK 2022-BNK41

     

    Rialto Capital Advisors, LLC

    200 S. Biscayne Blvd, Suite 3550

    Miami, Florida 33131

    Attention: Liat Heller, Jeff Krasnoff, Niral Shah, Adam Singer (BANK 2022-BNK41)

    Facsimile number: (305) 229-6425

    E-mail: liat.heller@rialtocapital.com, jeff.krasnoff@rialtocapital.com,
    niral.shah@rialtocapital.com, adam.singer@rialtocapital.com

	
    National Cooperative Bank, N.A.

    2011 Crystal Drive, Suite 800

    Arlington, Virginia 22202

    Attention: Kathleen Luzik, Chief Operating Officer

    Facsimile number: (703) 647-3473

    Email: kluzik@ncb.coop
	 

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41,
Class Certificates

THIS NOTICE IDENTIFIES
AN “[EXCLUDED LOAN][EXCLUDED CONTROLLING CLASS LOAN]” RELATING TO THE BANK 2022-BNK41, COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,
SERIES 2022-BNK41, REQUIRING ACTION BY YOU

    	 	Exhibit P-1E-1	 

     

    

AS THE RECIPIENT PURSUANT TO SECTION 3.13(b)
OF THE POOLING AND SERVICING AGREEMENT.

In accordance with Section
3.13(b) of the Pooling and Servicing Agreement, with respect to the above-referenced certificates (the “Certificates”),
the undersigned (the “Excluded Controlling Class Holder”) hereby certifies and agrees as follows:

1.                 
The undersigned is [the Directing Certificateholder][the Holder of the majority of the Controlling Class][a Controlling Class Certificateholder]
as of the date hereof.

2.                 
The undersigned has become a Borrower Party with respect to the following [Mortgage Loan(s)] [and] [Whole Loan(s)] (the “[Excluded
Loan][Excluded Controlling Class Loan](s)”):

	Loan Number	ODCR	Loan Name	Borrower Name
	 	 	 	 
	 	 	 	 
	 	 	 	 

[[If applicable] For the avoidance of doubt, [each] of the foregoing loans
is both an Excluded Loan and an Excluded Controlling Class Loan.]

3.                 
As of the date above, the undersigned is the beneficial owner of the following certificates, and is providing the below information
to the addressees hereto for purposes of their compliance with the Pooling and Servicing Agreement, including, among other things, the
Certificate Administrator’s determination as to whether a Consultation Termination Event is in effect with respect to the Excluded
Controlling Class Loans listed in paragraph 2 if any such mortgage loan is an Excluded Loan:

	CUSIP	Class	Outstanding
    Certificate Balance	Initial
    Certificate Balance
	 	 	 	 
	 	 	 	 
	 	 	 	 

The undersigned is not a Borrower
Party with respect to any other Mortgage Loan.

4.                 
Except with respect to the [Excluded Loan][Excluded Controlling Class Loan](s), the undersigned is requesting access pursuant to
the Pooling and Servicing Agreement to certain information (the “Information”) on the Certificate Administrator’s
Website [and/or is requesting the information identified on the schedule attached hereto (also, the “Information”)
pursuant to the provisions of the Pooling and Servicing Agreement]. In consideration of the disclosure to the

    	 	Exhibit P-1E-2	 

     

    

undersigned of the Information, or the access
thereto, the undersigned will keep the Information confidential (except from such outside persons as are assisting it in making an evaluation
in connection with purchasing the related Certificates, from its accountants and attorneys, and otherwise from such governmental or banking
authorities or agencies to which the undersigned is subject), and such Information will not, without the prior written consent of the
Depositor, be otherwise disclosed by the undersigned or by its officers, directors, partners, employees, agents or representatives (collectively,
the “Representatives”) in any manner whatsoever, in whole or in part; provided, however, that the obligations
of the undersigned to keep any such Information confidential shall expire one year following the date that the undersigned receives such
Information (with respect to a prospective purchaser only) or is no longer a Certificateholder, a beneficial owner or prospective purchaser
of the Class of Certificates referenced above. The undersigned will not use or disclose the Information in any manner which could result
in a violation of any provision of the Securities Act of 1933, as amended (the “Securities Act”), or the Securities
Exchange Act of 1934, as amended, or would require registration of any Certificate not previously registered pursuant to Section 5 of
the Securities Act.

5.                 
The undersigned hereby acknowledges and agrees that it is prohibited from accessing, reviewing and using Excluded Information (as
defined in the Pooling and Servicing Agreement) relating to the [Excluded Loan][Excluded Controlling Class Loan](s) to the extent the
undersigned receives access to such Excluded Information on the Certificate Administrator’s Website or otherwise receives access
to such Excluded Information in connection with its duties, or exercise of its rights pursuant to the Pooling and Servicing Agreement.

6.                 
The undersigned shall be fully liable for any breach of the Pooling and Servicing Agreement by itself or any of its Representatives
and shall indemnify the Depositor, the Trustee, the Certificate Administrator, each applicable Master Servicer, each applicable Special
Servicer, the Operating Advisor, the Asset Representations Reviewer, the Underwriters, the Initial Purchasers and the Trust Fund for any
loss, liability or expense incurred thereby with respect to any such breach by the undersigned or any of its Representatives.

7.                 
To the extent the undersigned receives access to any Excluded Information on the Certificate Administrator’s Website or otherwise
receives access to such Excluded Information, the undersigned shall be deemed to have agreed that it (i) will not directly or indirectly
provide any such Excluded Information to (A) the related Borrower Party, (B) any related Excluded Controlling Class Holder, (C) any employees
or personnel of the undersigned or any of its Affiliates involved in the management of any investment in the related Borrower Party or
the related Mortgaged Property or (D) to its actual knowledge, any non-Affiliate that holds a direct or indirect ownership interest in
the related Borrower Party, and (ii) will maintain sufficient internal controls and appropriate policies and procedures in place in order
to comply with the obligations described in clause (i) above.

8.                 
The undersigned shall be deemed to have recertified to the provisions herein each time it accesses the Information on the Certificate
Administrator’s Website, and the Certificate Administrator shall have no obligation to monitor, determine or verify whether the
undersigned has properly certified or recertified under this Investor Certification any time the undersigned accesses the Certificate
Administrator’s Website.

    	 	Exhibit P-1E-3	 

     

    

9.                 
 The undersigned hereby certifies that an executed copy of this certification in paper form has been delivered in accordance with
the notice provisions of the Pooling and Servicing Agreement to each of the addressees listed above (a) by overnight courier or (b) mailed
by registered mail, postage prepaid.

10.             
The undersigned is simultaneously providing notice to the Certificate Administrator in the form of Exhibit P-1F to the Pooling
and Servicing Agreement, requesting termination of access to any Excluded Information. The undersigned acknowledges that it is not permitted
to access and shall not access any Excluded Information relating to the [Excluded Loan][Excluded Controlling Class Loan](s) on the Certificate
Administrator’s Website unless and until it has (i) delivered notice of the termination of the related Excluded Controlling Class
Holder status and (ii) submitted a new investor certification in accordance with Section 3.13(b) of the Pooling and Servicing Agreement.

11.             
The undersigned agrees to indemnify and hold harmless each party to the Pooling and Servicing Agreement, the Underwriters, the
Initial Purchasers and the Trust Fund from any damage, loss, cost or liability (including legal fees and expenses and the cost of enforcing
this indemnity) arising out of or resulting from any unauthorized access by the undersigned or any agent, employee, representative or
person acting on its behalf of any Excluded Information relating to the [Excluded Loan][Excluded Controlling Class Loan](s) listed in
Paragraph 2 above.

Capitalized terms used
but not defined herein have the respective meanings given to them in the Pooling and Servicing Agreement.

BY ITS CERTIFICATION HEREOF,
the undersigned has made the representations above and shall have caused, or shall be deemed to have caused its name to be signed hereto
by its duly authorized signatory, as of the date certified.

		[Directing Certificateholder][Holder of the majority
	 	 	of the Controlling Class][Controlling Class 
	 	 	Certificateholder]
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

Dated: _______

cc: Morgan Stanley Capital I Inc.

    	 	Exhibit P-1E-4	 

     

    

EXHIBIT P-1F

FORM OF NOTICE OF [EXCLUDED LOAN] [EXCLUDED
CONTROLLING CLASS HOLDER] TO CERTIFICATE ADMINISTRATOR

[Date]

	
    Via: Email

    Computershare Trust Company, National Association

    9062 Old Annapolis Road

    Columbia, Maryland 21045

    Attention: Corporate Trust Services (CMBS)

    BANK 2022-BNK41

    cts.cmbs.bond.admin@wellsfargo.com

    trustadministrationgroup@wellsfargo.com

	
    with a copy to:

     

    Computershare Trust Company, National
    Association,

    8480 Stagecoach Circle

    Frederick, Maryland 21701-4747

    Attention: BANK 2022-BNK41

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41

In accordance with Section 3.13(b) of the Pooling
and Servicing Agreement, with respect to the above-referenced certificates (the “Certificates”), the undersigned (the
“Excluded Controlling Class Holder”) hereby directs you as follows:

1.                 
The undersigned is [the Directing Certificateholder][the Holder of the majority of the Controlling Class][a Controlling Class Certificateholder]
as of the date hereof.

2.                 
The undersigned has become a Borrower Party with respect to the following [Mortgage Loan(s)] [and] [Whole Loan(s)] (the “[Excluded
Loan][Excluded Controlling Class Loan](s)”):

 

	Loan Number	ODCR	Loan Name	Borrower Name
	 	 	 	 
	 	 	 	 
	 	 	 	 

    	 	Exhibit P-1F-1	 

     

    

3.                 
 The following USER IDs for CTSLink are affiliated with the undersigned and access to any information on the Certificate Administrator’s
Website with respect to the BANK 2022-BNK41 securitization should be revoked as to such users:

	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 

4.                 
The undersigned acknowledges that it is not permitted to access and shall not access any Excluded Information with respect to such
[Excluded Loan][Excluded Controlling Class Loan](s) on the Certificate Administrator’s Website unless and until it (i) is no longer
an Excluded Controlling Class Holder with respect to such [Excluded Loan][Excluded Controlling Class Loan](s), (ii) has delivered notice
of the termination of the related Excluded Controlling Class Holder status and (iii) has submitted an investor certification in the form
of Exhibit P-1B to the Pooling and Servicing Agreement.

Capitalized terms used but not defined herein
have the respective meanings given to them in the Pooling and Servicing Agreement.

BY ITS CERTIFICATION HEREOF, the undersigned
has made the representations above and shall have caused, or shall be deemed to have caused its name to be signed hereto by its duly
authorized signatory, as of the date certified.

		[Directing Certificateholder][Holder of the majority
	 	 	of the Controlling Class][Controlling Class 
	 	 	Certificateholder]
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

Dated: _______

 

cc: Morgan Stanley Capital I Inc.

The undersigned hereby acknowledges that

access to CTSLink has been revoked for

the users listed in Paragraph 3.

COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION,

Certificate Administrator

	 	 
	 	 
	Name:	 
	Title:	 

    	 	Exhibit P-1F-2	 

     

    

EXHIBIT P-1G

 

Form of
Certification of the Directing Certificateholder

 

[Date]

	
    Wells Fargo Bank, National Association

    Commercial Mortgage Servicing

    550 S. Tryon Street

    MAC D1086-23A

    23rd Floor

    Charlotte, North Carolina 28202

    Attention: BANK 2022-BNK41 Asset Manager

    Email: commercial.servicing@wellsfargo.com
	Computershare Trust Company, National Association

9062 Old Annapolis Road

Columbia, Maryland 21045-1951

Attention:  Corporate Trust Services (CMBS)

BANK 2022-BNK41

trustadministrationgroup@wellsfargo.com

cts.cmbs.bond.admin@wellsfargo.com
	 	 
	
    Wilmington Trust, National Association

    1100 North Market Street

    Wilmington, Delaware 19890

    Attention: CMBS Trustee BANK 2022-BNK41

     

     

    Pentalpha Surveillance LLC

    375 N. French Road, Suite 100

    Amherst, New York 14228

    Attention: BANK 2022-BNK41 Transaction Manager (with a copy sent contemporaneously
    via email to: notices@pentalphasurveillance.com)

     

     
	
    Computershare Trust Company, National Association

    600 South 4th Street, 7th Floor

    Minneapolis, Minnesota 55415

    Attention: Corporate Trust Services (CMBS)

    BANK 2022-BNK41

     

    Rialto Capital Advisors, LLC

    200 S. Biscayne Blvd, Suite 3550

    Miami, Florida 33131

    Attention: Liat Heller, Jeff Krasnoff, Niral Shah, Adam Singer (BANK 2022-BNK41)

    Facsimile number: (305) 229-6425

    E-mail: liat.heller@rialtocapital.com, jeff.krasnoff@rialtocapital.com,
    niral.shah@rialtocapital.com, adam.singer@rialtocapital.com

	
    National Cooperative Bank, N.A.

    2011 Crystal Drive, Suite 800

    Arlington, Virginia 22202

    Attention: Kathleen Luzik, Chief Operating Officer

    Facsimile number: (703) 647-3473

    Email: kluzik@ncb.coop
	 

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41,
Class [__] Certificates

In accordance with Section
3.23 of the Pooling and Servicing Agreement, the undersigned hereby certifies and agrees as follows:

    	 	Exhibit P-1G-1	 

     

    

1.       The
undersigned has been appointed to act as the Directing Certificateholder.

2.       The
undersigned is not a Borrower Party.

3.       If
the undersigned becomes a Borrower Party with respect to any Mortgage Loan or Whole Loan, the undersigned agrees to and shall deliver
the certification attached as Exhibit P-1D to the Pooling and Servicing Agreement and shall deliver to the applicable parties the notices
attached as Exhibit P-1E and Exhibit P-1F to the Pooling and Servicing Agreement.

4.       [For
use with any party other than the initial Directing Certificateholder]The undersigned hereby certifies that an executed copy of this certification
in paper form has been delivered in accordance with the notice provisions of the Pooling and Servicing Agreement to each of the addressees
listed above (a) by overnight courier or (b) mailed by registered mail, postage prepaid.

5.       Capitalized
terms used but not defined herein shall have the respective meanings assigned thereto in the Pooling and Servicing Agreement.

BY ITS CERTIFICATION HEREOF,
the undersigned shall have caused, or shall be deemed to have caused its name to be signed hereto by its duly authorized signatory, as
of the date certified.

		
 [Directing Certificateholder]
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

Dated: _______

cc: Morgan Stanley Capital I Inc.

 

    	 	Exhibit P-1G-2	 

     

    

EXHIBIT P-1H

 

Form of
Certification of the RISK RETENTION CONSULTATION PARTY

 

[Date]

	
    Wells Fargo Bank, National Association

    Commercial Mortgage Servicing

    550 S. Tryon Street

    MAC D1086-23A

    23rd Floor

    Charlotte, North Carolina 28202

    Attention: BANK 2022-BNK41 Asset Manager

    Email: commercial.servicing@wellsfargo.com
	Computershare Trust Company, National Association

9062 Old Annapolis Road

Columbia, Maryland 21045-1951

Attention:  Corporate Trust Services (CMBS)

BANK 2022-BNK41

trustadministrationgroup@wellsfargo.com

cts.cmbs.bond.admin@wellsfargo.com
	 	 
	
    Wilmington Trust, National Association

    1100 North Market Street

    Wilmington, Delaware 19890

    Attention: CMBS Trustee BANK 2022-BNK41

     

     

    Pentalpha Surveillance LLC

    375 N. French Road, Suite 100

    Amherst, New York 14228

    Attention: BANK 2022-BNK41 Transaction Manager (with a copy sent contemporaneously
    via email to: notices@pentalphasurveillance.com)

     

     
	
    Computershare Trust Company, National Association

    600 South 4th Street, 7th Floor

    Minneapolis, Minnesota 55415

    Attention: Corporate Trust Services (CMBS)

    BANK 2022-BNK41

     

    Rialto Capital Advisors, LLC

    200 S. Biscayne Blvd, Suite 3550

    Miami, Florida 33131

    Attention: Liat Heller, Jeff Krasnoff, Niral Shah, Adam Singer (BANK 2022-BNK41)

    Facsimile number: (305) 229-6425

    E-mail: liat.heller@rialtocapital.com, jeff.krasnoff@rialtocapital.com,
    niral.shah@rialtocapital.com, adam.singer@rialtocapital.com

	 	 
	
    National Cooperative Bank, N.A.

    2011 Crystal Drive, Suite 800

    Arlington, Virginia 22202

    Attention: Kathleen Luzik, Chief Operating Officer

    Facsimile number: (703) 647-3473

    Email: kluzik@ncb.coop
	 

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41,
RR Interest

In accordance with Section
3.23 of the Pooling and Servicing Agreement, the undersigned hereby certifies and agrees as follows:

    	 	Exhibit P-1H-1	 

     

    

1.       The
undersigned has been appointed to act as the Risk Retention Consultation Party.

[FOR ANY SUCCESSOR RISK
RETENTION CONSULTATION PARTY][2.The undersigned hereby certifies that an executed copy of this certification in paper form has been
delivered in accordance with the notice provisions of the Pooling and Servicing Agreement to each of the addressees listed above (a) by
overnight courier or (b) mailed by registered mail, postage prepaid.]

3.       Capitalized
terms used but not defined herein shall have the respective meanings assigned thereto in the Pooling and Servicing Agreement.

BY ITS CERTIFICATION HEREOF,
the undersigned shall have caused, or shall be deemed to have caused its name to be signed hereto by its duly authorized signatory, as
of the date certified.

		
 [RISK RETENTION CONSULTATION PARTY]
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

Dated: _______

cc: Morgan Stanley Capital I Inc.

 

    	 	Exhibit P-1H-2	 

     

    

EXHIBIT P-2

FORM OF CERTIFICATION FOR NRSROs

[Date]

Computershare Trust Company, National Association

9062 Old Annapolis Road

Columbia, Maryland 21045-1951

Attention: Corporate Trust Services (CMBS) – BANK 2022-BNK41

		Attention:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41

In accordance with the
requirements for obtaining certain information pursuant to the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling
and Servicing Agreement”), between Morgan Stanley Capital I Inc., as Depositor, Wells Fargo Bank, National Association, as General
Master Servicer, Rialto Capital Advisors, LLC, as General Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and
NCB Special Servicer, Computershare Trust Company, National Association, as Certificate Administrator, Wilmington Trust, National Association,
as Trustee, and Pentalpha Surveillance LLC, as Operating Advisor and as Asset Representations Reviewer, with respect to the certificates
(the “Certificates”), the undersigned hereby certifies and agrees as follows:

		1.	The undersigned is a Rating Agency hired by the Depositor to provide ratings on the Certificates; or

		2.	The undersigned is a nationally recognized statistical rating organization and either (x) has provided
the Depositor with the appropriate certifications under Exchange Act Rule 17g-5(e), had access to the Depositor’s 17g-5 website
prior to the Closing Date, is requesting access pursuant to the Agreement to certain information (the “Information”)
on such 17g-5 website pursuant to the provisions of the Agreement, and agrees that any confidentiality agreement applicable to the undersigned
with respect to the information obtained from the Depositor’s 17g-5 website prior to the Closing Date shall also be applicable to
information obtained from the 17g-5 Information Provider’s Website (including without limitation, to any information received by
the Depositor for posting on the 17g-5 Information Provider’s Website), or (y), if the undersigned did not have access to the Depositor’s
17g-5 website prior to the Closing Date, it hereby agrees that it shall be bound by the provisions of the confidentiality agreement attached
hereto as Annex A which shall be applicable to it with respect to any information obtained from the 17g-5 Information Provider’s
Website, including any information that is obtained from the section of the 17g-5 Information Provider’s Website that hosts the
Depositor’s 17g-5 website after the Closing Date.

The undersigned shall be
deemed to have recertified to the provisions herein each time it accesses the Information on the Certificate Administrator’s Website
and the 17g-5 Information Provider’s Website.

    	 	Exhibit P-2-1	 

     

    

Capitalized terms used but
not defined herein shall have the respective meanings assigned thereto in the Pooling and Servicing Agreement.

BY ITS CERTIFICATION HEREOF,
the undersigned has made the representations above and shall have caused, or shall be deemed to have caused its name to be signed hereto
by its duly authorized signatory, as of the date certified.

    	 	Exhibit P-2-2	 

     

    

ANNEX A

CONFIDENTIALITY AGREEMENT

This Confidentiality Agreement (the “Confidentiality
Agreement”) is made in connection with Morgan Stanley Capital I Inc. (together with its affiliates, the “Furnishing
Entities” and each a “Furnishing Entity”) furnishing certain financial, operational, structural and other
information relating to the issuance of the BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41 (the “Certificates”)
pursuant to the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between
Morgan Stanley Capital I Inc., as Depositor (the “Depositor”), Wells Fargo Bank, National Association, as General Master
Servicer, Rialto Capital Advisors, LLC, as General Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special
Servicer, Pentalpha Surveillance LLC, as Operating Advisor and as Asset Representations Reviewer, Computershare Trust Company, National
Association, as Certificate Administrator and as Custodian, and Wilmington Trust, National Association, as Trustee and the assets underlying
or referenced by the Certificates, including the identity of, and financial information with respect to borrowers, sponsors, guarantors,
managers and lessees with respect to such assets (together, the “Collateral”) to you (the “NRSRO”)
through the website of Computershare Trust Company, National Association, as 17g-5 Information Provider under the Pooling and Servicing
Agreement, including the [section of the 17g-5 Information Provider’s Website that hosts the Depositor’s 17g-5 website after
the Closing Date (as defined in the Pooling and Servicing Agreement)]. Information provided by each Furnishing Entity is labeled as provided
by the specific Furnishing Entity.

Definition of Confidential Information.
For purposes of this Confidentiality Agreement, the term “Confidential Information” shall include the following information
(irrespective of its source or form of communication, including information obtained by you through access to this site) that may be furnished
to you by or on behalf of a Furnishing Entity in connection with the issuance or monitoring of a rating with respect to the Certificates:
(x) all data, reports, interpretations, forecasts, records, agreements, legal documents and other information (such information,
the “Evaluation Material”) and (y)  any of the terms, conditions or other facts with respect to the transactions
contemplated by the Pooling and Servicing Agreement, including the status thereof; provided, however, that the term Confidential
Information shall not include information which:

was or becomes generally
available to the public (including through filing with the Securities and Exchange Commission or disclosure in an offering document) other
than as a result of a disclosure by you or a NRSRO Representative (as defined in Section 2(c)(i) below) in violation of this Confidentiality
Agreement;

was or is lawfully obtained
by you from a source other than a Furnishing Entity or its representatives that (i) is reasonably believed by you to be under no
obligation to maintain the information as confidential and (ii) provides it to you without any obligation to maintain the information
as confidential; or

is independently developed
by the NRSRO without reference to any Confidential Information.

Information to Be Held in Confidence.

You will use the Confidential
Information solely for the purpose of determining or monitoring a credit rating on the Certificates and, to the extent that any information
used is derived from but does not reveal any Confidential Information, for benchmarking, modeling or research purposes (the “Intended
Purpose”).

You acknowledge that you
are aware that the United States and state securities laws impose restrictions on trading in securities when in possession of material,
non-public information and that the NRSRO will advise (through policy manuals or otherwise) each NRSRO Representative who is informed
of the matters that are the subject of this Confidentiality Agreement to that effect.

You will treat the Confidential
Information as private and confidential. Subject to Section 4, without the prior written consent of the applicable Furnishing Entity,
you will not disclose to any person any Confidential Information, whether such Confidential Information was furnished to you before, on
or after the date of this Confidentiality Agreement. Notwithstanding the foregoing, you may:

    	 	Exhibit P-2-3	 

     

    

disclose the Confidential
Information to any of the NRSRO’s affiliates, directors, officers, employees, legal representatives, agents and advisors (each,
a “NRSRO Representative”) who, in the reasonable judgment of the NRSRO, need to know such Confidential Information
in connection with the Intended Purpose; provided, that, prior to disclosure of the Confidential Information to a NRSRO Representative,
the NRSRO shall have taken reasonable precautions to ensure, and shall be satisfied, that such NRSRO Representative will act in accordance
with this Confidentiality Agreement;

solely to the extent
required for compliance with Rule 17g-5(a)(3) of the Act (17 C.F.R. 240.17g-5), post the Confidential Information to the NRSRO’s
password protected website; and

use information derived
from the Confidential Information in connection with an Intended Purpose, if such derived information does not reveal any Confidential
Information.

Disclosures Required by Law. If you
or any NRSRO Representative is requested or required (orally or in writing, by interrogatory, subpoena, civil investigatory demand, request
for information or documents, deposition or similar process relating to any legal proceeding, investigation, hearing or otherwise) to
disclose any Confidential Information, you agree to provide the relevant Furnishing Entity with notice as soon as practicable (except
in the case of regulatory or other governmental inquiry, examination or investigation, and otherwise to the extent practical and permitted
by law, regulation or regulatory or other governmental authority) that a request to disclose the Confidential Information has been made
so that the relevant Furnishing Entity may seek an appropriate protective order or other reasonable assurance that confidential treatment
will be accorded the Confidential Information if it so chooses. Unless otherwise required by a court or other governmental or regulatory
authority to do so, and provided that you been informed by written notice that the related Furnishing Entity is seeking a protective order
or other reasonable assurance for confidential treatment with respect to the requested Confidential Information, you agree not to disclose
the Confidential Information while the Furnishing Entity’s effort to obtain such a protective order or other reasonable assurance
for confidential treatment is pending. You agree to reasonably cooperate with each Furnishing Entity in its efforts to obtain a protective
order or other reasonable assurance that confidential treatment will be accorded to the portion of the Confidential Information that is
being disclosed, at the sole expense of such Furnishing Entity; provided, however, that in no event shall the NRSRO be required
to take a position that such information should be entitled to receive such a protective order or reasonable assurance as to confidential
treatment. If a Furnishing Entity succeeds in obtaining a protective order or other remedy, you agree to comply with its terms with respect
to the disclosure of the Confidential Information, at the sole expense of such Furnishing Entity. If a protective order or other remedy
is not obtained or if the relevant Furnishing Entity waives compliance with the provisions of this Confidentiality Agreement in writing,
you agree to furnish only such information as you are legally required to disclose, at the sole expense of the relevant Furnishing Entity.

Obligation to Return Evaluation Material.
Promptly upon written request by or on behalf of the relevant Furnishing Entity, all material or documents, including copies thereof,
that contain Evaluation Material will be destroyed or, in your sole discretion, returned to the relevant Furnishing Entity. Notwithstanding
the foregoing, (a) the NRSRO may retain one or more copies of any document or other material containing Evaluation Material to the
extent necessary for legal or regulatory compliance (or compliance with the NRSRO’s internal policies and procedures designed to
ensure legal or regulatory compliance) and (b) the NRSRO may retain any portion of the Evaluation Material that may be found in backup
tapes or other archive or electronic media or other documents prepared by the NRSRO and any Evaluation Material obtained in an oral communication;
provided, that any Evaluation Material so retained by the NRSRO will remain subject to this Confidentiality Agreement and the NRSRO
will remain bound by the terms of this Confidentiality Agreement.

Violations of this Confidentiality Agreement.

The NRSRO will be responsible
for any breach of this Confidentiality Agreement by you, the NRSRO or any NRSRO Representative.

You agree promptly to advise
each relevant Furnishing Entity in writing of any misappropriation or unauthorized disclosure or use by any person of the Confidential
Information which may come to your attention and to take all steps reasonably requested by such Furnishing Entity to limit, stop or otherwise
remedy such misappropriation, or unauthorized disclosure or use.

    	 	Exhibit P-2-4	 

     

    

You acknowledge and agree
that the Furnishing Entities would not have an adequate remedy at law and would be irreparably harmed in the event that any of the provisions
of this Confidentiality Agreement were not performed in accordance with their specific terms or were otherwise breached. It is accordingly
agreed that each Furnishing Entity shall be entitled to specific performance and injunctive relief to prevent breaches of this Confidentiality
Agreement and to specifically enforce the terms and provisions hereof, in addition to any other remedy to which a Furnishing Entity may
be entitled at law or in equity. It is further understood and agreed that no failure to or delay in exercising any right, power or privilege
hereunder shall preclude any other or further exercise of any right, power or privilege.

Term. Notwithstanding the termination
or cancellation of this Confidentiality Agreement and regardless of whether the NRSRO has provided a credit rating on a Security, your
obligations under this Confidentiality Agreement will survive indefinitely.

Governing Law. This Confidentiality
Agreement and any claim, controversy or dispute arising under the Confidentiality Agreement, the relationships of the parties and/or the
interpretation and enforcement of the rights and duties of the parties shall be governed by and construed in accordance with the laws
of the State of New York applicable to agreements made and to be performed within such State.

Amendments. This Confidentiality Agreement
may be modified or waived only by a separate writing by the NRSRO and each Furnishing Entity.

Entire Agreement. This Confidentiality
Agreement represents the entire agreement between you and the Furnishing Entities relating to the treatment of Confidential Information
heretofore or hereafter reviewed or inspected by you. This agreement supersedes all other understandings and agreements between us relating
to such matters; provided, however, that, if the terms of this Confidentiality Agreement conflict with another agreement
relating to the Confidential Information that specifically states that the terms of such agreement shall supersede, modify or amend the
terms of this Confidentiality Agreement, then to the extent the terms of this Confidentiality Agreement conflict with such agreement,
the terms of such agreement shall control notwithstanding acceptance by you of the terms hereof by entry into this website.

Contact Information. Notices for each
Furnishing Entity under this Confidentiality Agreement, shall be directed as set forth below:

Morgan Stanley Capital I Inc.

1585 Broadway

New York, New York 10036

Attention: Jane Lam

 

with a copy to:

 

Morgan Stanley Capital I Inc.

1633 Broadway, 29th Floor

New York, New York 10019

Attention: Legal Compliance Division

 

and cmbs_notices@morganstanley.com

    	 	Exhibit P-2-5	 

     

    

EXHIBIT P-3

ONLINE MARKET DATA PROVIDER CERTIFICATION

Computershare Trust Company, National Association

9062 Old Annapolis Road

Columbia, Maryland 21045-1951

Attention: Corporate Trust Services (CMBS) – BANK 2022-BNK41

		Attention:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41

This Certification has been prepared for
provision of information to the market data providers listed in Paragraph 1 below pursuant to the direction of the Depositor. If you represent
a Market Data Provider not listed herein and would like access to the information, please contact CTSLink at 866-846-4526, or at ctslink.customerservice@wellsfargo.com.

In accordance with the
requirements for obtaining certain information pursuant to the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling
and Servicing Agreement”), between Morgan Stanley Capital I Inc., as Depositor, Wells Fargo Bank, National Association, as General
Master Servicer, Rialto Capital Advisors, LLC, as General Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and
NCB Special Servicer, Computershare Trust Company, National Association, as Certificate Administrator, Wilmington Trust, National Association,
as Trustee, and Pentalpha Surveillance LLC, as Operating Advisor and as Asset Representations Reviewer, with respect to the above-referenced
certificates (the “Certificates”), the undersigned hereby certifies and agrees as follows:

		1.	The undersigned is an employee or agent of Bloomberg, L.P., Trepp, LLC, Intex Solutions, Inc.,
                                                          Interactive Data Corp., Markit Group Limited, BlackRock Financial Management, Inc., CMBS.com, Inc., Moody’s Analytics,
                                                          Morningstar Credit Information & Analytics, LLC, RealInsight, Thomson Reuters Corporation, KBRA Analytics, LLC, or DealView
                                                          Technologies Ltd., a market data provider that has been given access to the Statements to Certificateholders, CREFC®
                                                          Reports and supplemental notices on www.ctslink.com (“CTSLink”)
                                                          by request of the Depositor.

		2.	The undersigned agrees that each time it accesses CTSLink, the undersigned is deemed to have recertified
that the representation above remains true and correct.

		3.	The undersigned acknowledges and agrees that the provision to it of information and/or reports on CTSLink
is for its own use only, and agrees that it will not disseminate or otherwise make such information available to any other person without
the written consent of the Depositor.

		4.	The undersigned shall be fully liable for any breach of the Pooling and Servicing Agreement by itself
or any of its Representatives and shall indemnify the Depositor, the Trustee, the Certificate Administrator, each applicable Master Servicer,
each applicable

    	 	Exhibit P-3-1	 

     

    

Special Servicer, the Operating Advisor,
the Asset Representations Reviewer and the Trust Fund for any loss, liability or expense incurred thereby with respect to any such breach
by the undersigned or any of its Representatives.

		5.	Capitalized terms used but not defined herein shall have the respective meanings assigned thereto in the
Pooling and Servicing Agreement.

 

BY ITS CERTIFICATION HEREOF,
the undersigned has made the representations above and shall have caused, or shall be deemed to have caused its name to be signed hereto
by its duly authorized signatory, as of the date certified.

 

    	 	Exhibit P-3-2	 

     

    

EXHIBIT Q

CUSTODIAN CERTIFICATION/EXCEPTION REPORT

[DATE]

To the Persons Listed on the attached Schedule A

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41

 

Ladies and Gentlemen:

In
accordance with Section 2.02 of the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing
Agreement”), between Morgan Stanley Capital I Inc., as Depositor, Wells Fargo Bank, National Association, as General Master
Servicer, Rialto Capital Advisors, LLC, as General Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special
Servicer, Computershare Trust Company, National Association, as Certificate Administrator, Wilmington Trust, National Association, as
Trustee, and Pentalpha Surveillance LLC, as Operating Advisor and as Asset Representations Reviewer, the
undersigned, as Custodian, hereby certifies that, except as noted on the attached Custodial Exception Report, as to each Mortgage Loan
listed in the Mortgage Loan Schedule (other than any Mortgage Loan paid in full or for which
a Liquidation Event has occurred) the Custodian has, subject to Section 2.02(c) of the Pooling and Servicing Agreement, reviewed the documents
delivered to it pursuant to Section 2.01 of the Pooling and Servicing Agreement and has determined that (i) subject to the first
proviso of the definition of “Mortgage File”, all documents specified in clauses (i) through (v), (viii), (ix), (xi), (xii)
and (xiii), if any, of the definition of “Mortgage File,” as applicable, are in its possession, (ii) the foregoing documents
delivered or caused to be delivered by the Mortgage Loan Seller have been reviewed by the Custodian and appear regular on their face and
appear to be executed and to relate to such Mortgage Loan and (iii) based on such examination and only as to the foregoing documents,
the information set forth in the Mortgage Loan Schedule with respect to the items specified in clauses (vii) and (viii) in the definition
of “Mortgage Loan Schedule” is correct.

Capitalized words and phrases
used herein shall have the respective meanings assigned to them in the above-captioned Pooling and Servicing Agreement.

		COMPUTERSHARE TRUST COMPANY,
	 	 	NATIONAL ASSOCIATION, 
	 	 	as Custodian
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

    	 	Exhibit Q-1	 

     

    

SCHEDULE A

[APPLICABLE MORTGAGE LOAN SELLER’S NOTICE
ADDRESS]

 

Morgan Stanley Capital I Inc.

1585 Broadway

New York, New York 10036

Attention: Jane Lam

 

Morgan Stanley Capital I Inc.

1633 Broadway, 29th Floor

New York, New York 10019

Attention: Legal Compliance Division

with a copy to

cmbs_notices@morganstanley.com

DBRS, Inc.

22 West Washington Street

Chicago, Illinois 60602

Attention: Commercial Mortgage Surveillance

Facsimile No.: (312) 332-3492

Email: cmbs.surveillance@dbrs.com

Fitch Ratings, Inc.

300 West 57th Street

New York, New York 10019

Attention: Commercial Mortgage Surveillance Group

Facsimile No.: (212) 635-0295

E-mail: info.cmbs@fitchratings.com

S&P Global Ratings

55 Water Street, 41st Floor

New York, New York 10041

Attention: Commercial Mortgage Surveillance Manager

E-mail: CMBS_Info_17g5@spglobal.com

 

Rialto Capital Advisors, LLC

200 S. Biscayne Blvd, Suite 3550

Miami, Florida 33131

Attention: Liat Heller, Jeff Krasnoff, Niral Shah, Adam Singer (BANK 2022-BNK41)

Facsimile number: (305) 229-6425

E-mail: liat.heller@rialtocapital.com, jeff.krasnoff@rialtocapital.com,

niral.shah@rialtocapital.com, adam.singer@rialtocapital.com

 

National Cooperative Bank, N.A.

    	 	Exhibit Q-2	 

     

    

2011 Crystal Drive, Suite 800

Arlington, Virginia 22202

Attention: Kathleen Luzik, Chief Operating Officer

Facsimile number: (703) 647-3473

Email: kluzik@ncb.coop

 

Wells Fargo Bank, National Association

Commercial Mortgage Servicing

550 S. Tryon Street

MAC D1086-23A

23rd Floor

Charlotte, North Carolina 28202

Attention: BANK 2022-BNK41 Asset Manager

Email: commercial.servicing@wellsfargo.com

 

Computershare Trust Company, National Association

9062 Old Annapolis Road

Columbia, Maryland 21045

Attention: Corporate Trust Services (CMBS) – BANK 2022-BNK41

 

Wilmington Trust, National Association

1100 North Market Street

Wilmington, Delaware 19890

Attention: CMBS Trustee BANK 2022-BNK41

RREF IV Debt AIV, LP

c/o Rialto Capital Management LLC

600 Madison Avenue, 12th Floor

New York, New York 10022

Attention: Josh Cromer and Joseph Bachkosky

Fax number: (212) 751-4646

 

 

    	 	Exhibit Q-3	 

     

    

EXHIBIT R-1

FORM OF POWER OF ATTORNEY – MASTER
SERVICERS

RECORDING REQUESTED BY:

 

[Wells Fargo Bank, National Association

Commercial Mortgage Servicing

550 S. Tryon Street

MAC D1086-23A

23rd Floor

Charlotte, North Carolina 28202

Attention: BANK 2022-BNK41 Asset Manager

Telecopy Number: (704) 715-0036

Email: commercial.servicing@wellsfargo.com]

[National Cooperative Bank, N.A.

2011 Crystal Drive, Suite 800

Arlington, Virginia 22202

Attention: Kathleen Luzik, Chief Operating Officer

Facsimile number: (703) 647-3473

Email: kluzik@ncb.coop]

 

 

SPACE ABOVE THIS LINE FOR RECORDER’S USE

 

LIMITED POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS,
that Wilmington Trust, National Association, a national banking association, incorporated and existing under the laws of the United States,
having its usual place of business at 1100 North Market Street, Wilmington, Delaware 19890, as trustee (the “Trustee”),
pursuant to that Pooling and Servicing Agreement dated as of May 1, 2022 (the “Agreement”), between Morgan Stanley
Capital I Inc., as depositor, Wells Fargo Bank, National Association, as general master servicer [(the “General Master Servicer”)],
Rialto Capital Advisors, LLC, as general special servicer, National Cooperative Bank, N.A., as NCB master servicer [(in such capacity,
the “NCB Master Servicer”)] and NCB special servicer, Computershare Trust Company, National Association, as certificate
administrator (the “Certificate Administrator”), the Trustee, and Pentalpha Surveillance LLC, as operating advisor
and as asset representations reviewer hereby constitutes and appoints the [General][NCB] Master Servicer, by and through the [General][NCB]
Master Servicer’s officers, the Trustee’s true and lawful Attorney-in-Fact, in the Trustee’s name, place and stead and
for the Trustee’s benefit, in connection with all mortgage loans (the “Mortgage Loans”) serviced by the [General][NCB]
Master Servicer and all properties (“Mortgaged Properties”) administered by the [General][NCB] Master Servicer pursuant
to the Agreement, to execute and acknowledge in writing or by facsimile stamp all documents customarily and reasonably necessary and appropriate
to effectuate the enumerated transactions described in items 1 through 12 below with respect to the Mortgage Loans and Mortgaged Properties;
provided, however, that the documents described below may only be

    	 	Exhibit R-1-1	 

     

    

executed and delivered by such Attorneys-in-Fact
if such documents are required or permitted under the Agreement. Capitalized terms used herein and not otherwise defined herein have the
meanings set forth in the Agreement.

1.                 
The endorsement on behalf of the Trustee of all checks, drafts and/or other negotiable instruments made payable to the Trustee
and draw upon, replace, substitute, release or amend letters of credit standing as collateral securing any Mortgage Loan.

2.                 
The modification or re-recording of a Mortgage or deed of trust, where said modification or re-recording is solely for the purpose
of correcting the Mortgage or deed of trust to conform same to the original intent of the parties thereto or to correct title errors discovered
after such title insurance was issued; provided that said modification or re-recording, in either instance, (i) does not adversely affect
the lien of the Mortgage or deed of trust as insured and (ii) otherwise conforms to the provisions of the Agreement.

3.                 
The subordination of the lien of a Mortgage or deed of trust to an easement in favor of a public utility company or a government
agency or unit with powers of eminent domain; this section shall include, without limitation, the execution of partial satisfactions/releases,
partial reconveyances or the execution or requests to trustees to accomplish same.

4.                 
The conveyance of the properties to the mortgage insurer, or the closing of the title to the property to be acquired as real estate
owned, or conveyance of title to real estate owned.

5.                 
The completion of loan assumption agreements.

6.                 
The full satisfaction/release of a Mortgage or deed of trust or full conveyance upon payment and discharge of all sums secured
thereby, including, without limitation, cancellation of the related Mortgage Note.

7.                 
The assignment of any Mortgage or deed of trust and the related Mortgage Note, in connection with the repurchase of the Mortgage
Loan secured and evidenced thereby.

8.                 
The full assignment of a Mortgage or deed of trust upon payment and discharge of all sums secured thereby in conjunction with the
refinancing thereof, including, without limitation, the assignment of the related Mortgage Note.

9.                 
The full enforcement of and preservation of the Trustee’s interests in the Mortgage Notes, Mortgages or deeds of trust, and
in the proceeds thereof, by way of, including but not limited to, foreclosure, the taking of a deed in lieu of foreclosure, or the completion
of judicial or non-judicial foreclosure or the termination, cancellation or rescission of any such foreclosure, the initiation, prosecution
and completion of eviction actions or proceedings with respect to, or the termination, cancellation or rescission of any such eviction
actions or proceedings, and the pursuit of title insurance, hazard insurance and claims in bankruptcy proceedings, including, without
limitation, any and all of the following acts:

		a.	the substitution of trustee(s) serving under a deed of trust, in accordance with state law and the deed
of trust;

    	 	Exhibit R-1-2	 

     

    

		b.	the preparation and issuance of statements of breach or non-performance;

		c.	the preparation and filing of notices of default and/or notices of sale;

		d.	the cancellation/rescission of notices of default and/or notices of sale;

		e.	the taking of deed in lieu of foreclosure;

		f.	the filing, prosecution and defense of claims, and to appear on behalf of the Trustee, in bankruptcy cases
affecting Mortgage Notes, Mortgages or deeds of trust;

		g.	the preparation and service of notices to quit and all other documents necessary to initiate, prosecute
and complete eviction actions or proceedings;

		h.	the tendering, filing, prosecution and defense, as applicable, of hazard insurance and title insurance
claims, including but not limited to appearing on behalf of the Trustee in quiet title actions; and

		i.	the preparation and execution of such other documents and performance of such other actions as may be
necessary under the terms of the Mortgage, deed of trust or state law to expeditiously complete said transactions in paragraphs 9.a. through
9.h. above.

10.             
With respect to the sale of property acquired through a foreclosure or deed-in lieu of foreclosure, including, without limitation,
the execution of the following documentation:

		a.	listing agreements;

		b.	purchase and sale agreements;

		c.	grant/warranty/quit claim deeds or any other deed causing the transfer of title of the property to a party
contracted to purchase same;

		d.	escrow instructions; and

		e.	any and all documents necessary to effect the transfer of property.

11.             
The modification or amendment of escrow agreements established for repairs to the Mortgaged Property or reserves for replacement
of personal property.

12.             
The execution and delivery of the following:

		a.	any and all financing statements, continuation statements and other documents or instruments necessary
to maintain the lien created by the Mortgage, deed of trust or other security document in the related Mortgage File or the related Mortgaged
Property and other related collateral;

		b.	any and all instruments of satisfaction or cancellation, or of partial or full release or discharge, or
of partial or full defeasance, and all other comparable instruments; and

    	 	Exhibit R-1-3	 

     

    

		c.	any and all assumptions, modifications, waivers, substitutions, extensions, amendments, consents to transfers
of interests in borrowers, consents to any subordinate financings to be secured by any related Mortgaged Property, consents to any mezzanine
financing to be secured by the ownership interests in a borrower, consents to and monitoring of the application of any proceeds of insurance
policies or condemnation awards to the restoration of the related Mortgaged Property, REO Property or otherwise, documents relating to
the management, operation, maintenance, repair, leasing and marketing of the related Mortgaged Properties or REO Properties (including
agreements and requests by any borrower with respect to modifications of the standards of operation and management of such Mortgaged Properties
or the replacement of asset managers), documents exercising any or all of the rights, powers and privileges granted or provided to the
holder of any Mortgage Loan under the related loan documents, lease subordination agreements, non-disturbance and attornment agreements
or other leasing or rental arrangements, any easements, covenants, conditions, restrictions, equitable servitudes, or land use or zoning
requirements with respect to the Mortgaged Properties or REO Properties, instruments relating to the custody of any collateral that now
secures or hereafter may secure any Mortgage Loan and any other consents.

The undersigned gives said
Attorney-in-Fact full power and authority to execute such instruments and to do and perform all and every act and thing necessary and
proper to carry into effect the power or powers granted by or under this Limited Power of Attorney as fully as the undersigned might or
could do, and hereby does ratify and confirm to all that said Attorney-in-Fact shall be effective as of the date set forth below.

This appointment is to be
construed and interpreted as a limited power of attorney. The enumeration of specific items, rights, acts or powers herein is not intended
to, nor does it give rise to, and it is not to be construed as a general power of attorney.

Solely to the extent that
the [General][NCB] Master Servicer has the power to delegate its rights or obligations under the Agreement, the [General][NCB] Master
Servicer also has the power to delegate the authority given to it by Wilmington Trust, National Association, as Trustee, under this Limited
Power of Attorney, for purposes of performing its obligations and duties by executing such additional powers of attorney in favor of its
attorneys-in-fact as are necessary for such purpose. The [General][NCB] Master Servicer’s attorneys-in-fact shall have no greater
authority than that held by the [General][NCB] Master Servicer.

Nothing contained herein
shall: (i) limit in any manner any indemnification provided to the Trustee under the Agreement, (ii) limit in any manner the rights and
protections afforded the Trustee under the Agreement, or (iii) be construed to grant the [General][NCB] Master Servicer the power to initiate
or defend any suit, litigation or proceeding in the name of Wilmington Trust, National Association except as specifically provided for
herein. If the [General][NCB] Master Servicer receives any notice of suit, litigation or proceeding in the name of Wilmington Trust, National
Association, then the [General][NCB] Master Servicer shall promptly forward a copy of same to the Trustee.

    	 	Exhibit R-1-4	 

     

    

This limited power of attorney
is not intended to extend the powers granted to the [General][NCB] Master Servicer under the Agreement or to allow the [General][NCB]
Master Servicer to take any action with respect to Mortgages, deeds of trust or Mortgage Notes not authorized by the Agreement.

The [General][NCB] Master
Servicer hereby agrees to indemnify and hold the Trustee and its directors, officers, employees and agents harmless from and against any
and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind
or nature whatsoever incurred by reason or result of the negligent use, or negligent or willful misuse, of this Limited Power of Attorney
by the [General][NCB] Master Servicer. The foregoing indemnity shall survive the termination of this Limited Power of Attorney and the
Agreement or the earlier resignation or removal of the Trustee under the Agreement.

This Limited Power of Attorney
is entered into and shall be governed by the laws of the State of New York, without regard to conflicts of law principles of such state.

Third parties without actual
notice may rely upon the exercise of the power granted under this Limited Power of Attorney; and may be satisfied that this Limited Power
of Attorney shall continue in full force and effect and has not been revoked unless an instrument of revocation has been made in writing
by the undersigned.

IN WITNESS WHEREOF, Wilmington
Trust, National Association, as Trustee for BANK 2022-BNK41 has caused its corporate seal to be hereto affixed and these presents to
be signed and acknowledged in its name and behalf by a duly elected and authorized signatory this ___________ day of ____________.

		WILMINGTON
                                            TRUST, NATIONAL
	 	 	ASSOCIATION,
                                            as Trustee for BANK
	 	 	2022-BNK41
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 	 
	 	 
	 	Prepared
                                            by:
	 	 	 
	 	 	Name:

Witness:

 

____________________

 

    	 	Exhibit R-1-5	 

     

    

Witness:

 

_____________________

	STATE OF DELAWARE       	)	 
	 	)	ss.:
	COUNTY OF          	)	 

 

On ____________________,
before me, _________________________________ Notary Public, personally appeared ___________________________, who proved to me on the basis
of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he/she executed
the same in his/her authorized capacity and that by his/her signature on the instrument the person, or the entity upon behalf of which
the person acted, executed the instrument.

I certify under PENALTY OF
PERJURY under the laws of the State of Delaware that the foregoing paragraph is true and correct.

Witness my hand and official
seal.

		 	 
		 	Notary Public
		 	
	[SEAL]	 	 	 
	 	 	 	 
	My Commission expires:	 	 	 
				
	 	 	 	 
	 	 	 	 
	 	 	 	 

 

 

    	 	Exhibit R-1-6	 

     

    

EXHIBIT R-2

FORM OF POWER OF ATTORNEY – SPECIAL
SERVICERS

RECORDING REQUESTED BY:

[Rialto Capital Advisors, LLC

200 S. Biscayne Blvd, Suite 3550

Miami, Florida 33131

Attention: Liat Heller, Jeff Krasnoff, Niral Shah, Adam Singer (BANK 2022-BNK41)

Facsimile number: (305) 229-6425

E-mail: liat.heller@rialtocapital.com, jeff.krasnoff@rialtocapital.com,

niral.shah@rialtocapital.com, adam.singer@rialtocapital.com]

 

[National Cooperative Bank, N.A.

2011 Crystal Drive, Suite 800

Arlington, Virginia 22202

Attention: Kathleen Luzik, Chief Operating Officer

Facsimile number: (703) 647-3473

Email: kluzik@ncb.coop]

 

 

SPACE ABOVE THIS LINE FOR RECORDER’S USE

LIMITED POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS, that Wilmington Trust,
National Association, a national banking association, incorporated and existing under the laws of the United States, having its usual
place of business at 1100 North Market Street, Wilmington, Delaware 19890, as Trustee (the “Trustee”) pursuant to that
Pooling and Servicing Agreement dated as of May 1, 2022 (the “Agreement”), between Morgan Stanley Capital I Inc., as
depositor, Wells Fargo Bank, National Association, as general master servicer, Rialto Capital Advisors, LLC, as general special servicer
(the “General Special Servicer”), National Cooperative Bank, N.A., as NCB master servicer and NCB special servicer
(in such capacity, the “NCB Special Servicer”), Computershare Trust Company, National Association, as certificate administrator,
the Trustee and Pentalpha Surveillance LLC, as operating advisor and as asset representations reviewer, relating to the BANK 2022-BNK41,
Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41, hereby constitutes and appoints the [General][NCB] Special Servicer,
by and through the [General][NCB] Special Servicer’s officers, the Trustee’s true and lawful Attorney-in-Fact, in the Trustee’s
name, place and stead and for the Trustee’s benefit, in connection with all mortgage loans (the “Mortgage Loans”)
serviced by the [General][NCB] Special Servicer and all properties (“REO Properties”) administered by the [General][NCB]
Special Servicer pursuant to the Agreement, to execute and acknowledge in writing or by facsimile stamp all documents customarily and
reasonably necessary and appropriate to effectuate the enumerated transactions described in items 1 through 13 below with respect to the
Mortgage Loans and REO Properties; provided, however, that the documents described below may only be executed and delivered
by such Attorneys-in-Fact if such documents are required or

 

    	 	Exhibit R-2-1	 

     

    

permitted under the Agreement. Capitalized terms used herein and not otherwise
defined herein have the meanings set forth in the Agreement.

 

1.     
The endorsement on behalf of the Trustee of all checks, drafts and/or other negotiable instruments made payable to the Trustee
and draw upon, replace, substitute, release or amend letters of credit standing as collateral securing any Mortgage Loan.

2.     
The modification or re-recording of a Mortgage or deed of trust, where said modification or re-recording is solely for the purpose
of correcting the Mortgage or deed of trust to conform same to the original intent of the parties thereto or to correct title errors discovered
after such title insurance was issued; provided that said modification or re-recording, in either instance, (i) does not adversely
affect the lien of the Mortgage or deed of trust as insured and (ii) otherwise conforms to the provisions of the Agreement.

3.     
The subordination of the lien of a Mortgage or deed of trust to an easement in favor of a public utility company of a government
agency or unit with powers of eminent domain; this section shall include, without limitation, the execution of partial satisfactions/releases,
partial reconveyances or the execution or requests to trustees to accomplish same.

4.     
The conveyance of the properties to the mortgage insurer, or the closing of the title to the property to be acquired as real estate
owned, or conveyance of title to real estate owned.

5.     
The completion of loan assumption agreements and transfers of interest in borrower entities.

6.     
The full satisfaction/release of a Mortgage or deed of trust or full conveyance upon payment and discharge of all sums secured
thereby, including, without limitation, cancellation of the related Mortgage Note.

 

7.     
The assignment of any Mortgage or deed of trust and the related Mortgage Note, in connection with the sale or repurchase of the
Mortgage Loan secured and evidenced thereby.

 

8.     
The full assignment of a Mortgage or deed of trust upon payment and discharge of all sums secured thereby in conjunction with the
refinancing thereof, including, without limitation, the assignment of the related Mortgage Note.

 

9.     
The full enforcement of and preservation of the Trustee’s interests in any Mortgage or the related promissory note, and in
the proceeds thereof, by way of, including but not limited to, taking title to any Mortgaged Property on behalf of the Trust, foreclosure,
the taking of a deed-in-lieu of foreclosure, or the completion of judicial or non-judicial foreclosure and/or any related litigation,
including without limitation, guaranty or receivership litigation, or litigation on the note, or the termination, cancellation or rescission
of any such foreclosure, the initiation, prosecution and completion of eviction actions or proceedings with respect to, or the termination,
cancellation or rescission of any such

    	 	Exhibit R-2-2	 

     

    

eviction actions or proceedings, the initiation or defense of
any litigation related to the ownership of any REO Property, and the pursuit of title insurance, hazard insurance and claims in bankruptcy
proceedings, including, without limitation, any and all of the following acts:

 

	 	a. 	the substitution of trustee(s)
  serving under a deed of trust, in accordance with state law and the deed of trust;

		b.	the preparation
                                            and issuance of statements of breach or non-performance;

		c.	the preparation
                                            and filing of notices of default and/or notices of sale;

		d.	the cancellation/rescission
                                            of notices of default and/or notices of sale;

		e.	the taking
                                            of deed in lieu of foreclosure;

		f.	the filing,
                                            prosecution and defense of claims, and to appear on behalf of the Trustee, in bankruptcy
                                            cases affecting Mortgage Notes, Mortgages or deeds of trust;

		g.	the preparation
                                            and service of notices to quit and all other documents necessary to initiate, prosecute and
                                            complete eviction actions or proceedings;

		h.	the tendering,
                                            filing, prosecution and defense, as applicable, of hazard insurance and title insurance claims,
                                            including but not limited to appearing on behalf of the Trustee in quiet title actions;

 

		i.	the creation
                                            of a wholly-owned entity of the Trust for purposes of holding foreclosed property; and

		j.	the preparation
                                            and execution of such other documents and performance of such other actions as may be necessary
                                            under the terms of the Mortgage, deed of trust or state law to expeditiously complete said
                                            transactions in paragraphs 9.a. through 9.h. above.

 

		10.	With respect to the sale of property acquired through a foreclosure or deed-in lieu of foreclosure, including, without limitation,
the execution of the following documentation:

 

	 	a. 	listing agreements;

 

	 	b. 	purchase
  and sale agreements;

 

	 	c. 	grant/warranty/quit
  claim deeds or any other deed causing the transfer of title of the property to a party contracted to purchase same;

 

    	 	Exhibit R-2-3	 

     

    

 

	 	d. 	escrow instructions;
  and

 

	 	e. 	any and all
  documents necessary to effect the transfer of property.

 

11. 
   The modification or amendment of escrow agreements established for repairs to the mortgaged property or reserves for replacement
of personal property.

 

12. 
   Execute and/or file such documents and take such other action as is proper and necessary to defend the Trustee, solely in its capacity
as Trustee, in litigation and to resolve such litigation, provided that such resolution shall not include any admission of fault or wrongdoing
by the Trustee or, without the Trustee’s consent, subject the Trustee to any form of injunctive relief.

 

13. 
The execution and delivery of the following:

		a.	any and
                                            all financing statements, continuation statements and other documents or instruments necessary
                                            to maintain the lien created by the Mortgage, deed of trust or other security document in
                                            the related Mortgage File or the related Mortgaged Property and other related collateral;

 

		b.	any and
                                            all instruments of satisfaction or cancellation, or of partial or full release or discharge,
                                            or of partial or full defeasance, and all other comparable instruments;

 

		c.	any and
                                            all assumptions, modifications, waivers, substitutions, extensions, amendments, consents
                                            to transfers of interests in borrowers, consents to any subordinate financings to be secured
                                            by any related Mortgaged Property, consents to any mezzanine financing to be secured by the
                                            ownership interests in a borrower, consents to and monitoring of the application of any proceeds
                                            of insurance policies or condemnation awards to the restoration of the related Mortgaged
                                            Property, REO Property or otherwise, documents relating to the management, operation, maintenance,
                                            repair, leasing and marketing of the related Mortgaged Properties (including agreements and
                                            requests by any borrower with respect to modifications of the standards of operation and
                                            management of such Mortgaged Properties or the replacement of asset managers) or REO Properties,
                                            documents exercising any or all of the rights, powers and privileges granted or provided
                                            to the holder of any Mortgage Loan under the related loan documents, lease subordination
                                            agreements, non-disturbance and attornment agreements or other leasing or rental arrangements,
                                            management agreements, any easements, covenants, conditions, restrictions, equitable servitudes,
                                            or land use or zoning requirements with respect to the Mortgaged Properties or REO Properties,
                                            instruments relating to the custody of any collateral that now secures or hereafter may secure
                                            any Mortgage Loan and any other consents; and

 

    	 	Exhibit R-2-4	 

     

    

 

		d.	any and
                                            all documents, instruments and certifications as are reasonably necessary to complete or
                                            accomplish the [General][NCB] Special Servicer’s duties and responsibilities under
                                            the Agreement.

 

The undersigned gives said Attorney-in-Fact full power and authority to
execute such instruments and to do and perform all and every act and thing necessary and proper to carry into effect the power or powers
granted by or under this Limited Power of Attorney as fully as the undersigned might or could do, and hereby does ratify and confirm to
all that said Attorney-in-Fact shall be effective as of the date set forth below.

 

This appointment is to be construed and interpreted as a limited power
of attorney. The enumeration of specific items, rights, acts or powers herein is not intended to, nor does it give rise to, and it is
not to be construed as a general power of attorney.

 

Solely to the extent that the [General][NCB] Special Servicer has the power
to delegate its rights or obligations under the Agreement, the [General][NCB] Special Servicer also has the power to delegate the authority
given to it by Wilmington Trust, National Association, as Trustee, under this Limited Power of Attorney, for purposes of performing its
obligations and duties by executing such additional powers of attorney in favor of its attorneys-in-fact as are necessary for such purpose.
The [General][NCB] Special Servicer’s attorneys-in-fact shall have no greater authority than that held by the [General][NCB] Special
Servicer.

 

Nothing contained herein shall: (i) limit in any manner any indemnification
provided to the Trustee under the Agreement, (ii) limit in any manner the rights and protections afforded the Trustee under the Agreement,
or (iii) be construed to grant the [General][NCB] Special Servicer the power to initiate or defend any suit, litigation or proceeding
in the name of Wilmington Trust, National Association except as specifically provided for herein. If the [General][NCB] Special Servicer
receives any notice of suit, litigation or proceeding in the name of Wilmington Trust, National Association, then the [General][NCB] Special
Servicer shall promptly forward a copy of same to the Trustee.

 

This limited power of attorney is not intended to extend the powers granted
to the [General][NCB] Special Servicer under the Agreement or to allow the [General][NCB] Special Servicer to take any action with respect
to Mortgages, deeds of trust or Mortgage Notes not authorized by the Agreement.

 

The [General][NCB] Special Servicer hereby agrees to indemnify and hold
the Trustee and its directors, officers, employees and agents harmless from and against any and all liabilities, obligations, losses,
damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever incurred by reason or
result of the negligent use, or negligent or willful misuse, of this Limited Power of Attorney by the [General][NCB] Special Servicer.
The foregoing indemnity shall survive the termination of this Limited Power of Attorney and the Agreement or the earlier resignation or
removal of the Trustee under the Agreement.

 

    	 	Exhibit R-2-5	 

     

    

This Limited Power of Attorney is entered into and shall be governed by
the laws of the State of New York, without regard to conflicts of law principles of such state.

 

Third parties without actual notice may rely upon the exercise of the power
granted under this Limited Power of Attorney; and may be satisfied that this Limited Power of Attorney shall continue in full force and
effect and has not been revoked unless an instrument of revocation has been made in writing by the undersigned.

 

IN WITNESS WHEREOF, Wilmington Trust, National Association, as Trustee
for BANK 2022-BNK41, has caused its corporate seal to be hereto affixed and these presents to be signed and acknowledged in its name
and behalf by a duly elected and authorized signatory this ___________ day of ____________.

		Wilmington Trust, National Association, 

as Trustee for BANK 2022-BNK41
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

Witness:

 

____________________

 

Witness:

 

_____________________

 

    	 	Exhibit R-2-6	 

     

    

 

	STATE OF DELAWARE       	)	 
	 	)	ss.:
	COUNTY OF          	)	 

On ____________________,
before me, _________________________________ Notary Public, personally appeared ___________________________, who proved to me on the basis
of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he/she executed
the same in his/her authorized capacity and that by his/her signature on the instrument the person, or the entity upon behalf of which
the person acted, executed the instrument.

I certify under PENALTY OF
PERJURY under the laws of the State of Delaware that the foregoing paragraph is true and correct.

Witness my hand and official seal.

 

	 	 
	Notary signature	 

 

 

    	 	Exhibit R-2-7	 

     

    

EXHIBIT S

INITIAL SERVICED COMPANION NOTEHOLDERS

 

	Loan	Companion
    Holder
	Dallas
    Design District	Note A-3:

     

    Wells Fargo Bank, National Association

     

    NOTICE ADDRESS:

    Wells Fargo Bank, National Association

    30 Hudson Yards, 15th Floor

    New York, New York 10001

    Attention: A.J. Sfarra

    Email: Anthony.sfarra@wellsfargo.com

     

    with a copy to:

     

    Troy Stoddard, Esq.

    Senior Counsel

    Wells Fargo Legal Department

    401 S Tryon Street, 26th Floor

    MAC D1050-266

    Charlotte, North Carolina 28202

    Email: troy.stoddard@wellsfargo.com

     

    with a copy to (if by email):

     

    troy.doll@alston.com and peter.mckee@alston.com

 

    	 	Exhibit S-1	 

     

    

 

	Norfolk
    Premium Outlets	
    Note A-3:

     

    Column Financial, Inc.

     

    NOTICE ADDRESS:

     

    Column Financial, Inc.

    11 Madison Avenue, 4th Floor

    New York, New York 10010

    Email: david.tlusty@credit-suisse.com

     

    with a copy to:

     

    Column Financial, Inc.

    11 Madison Avenue, 11th Floor

    New York, New York 10010

    Office of General Counsel

    Attention: N. Dante LaRocca

    Email: dante.larocca@credit-suisse.com

     

    and a copy by e-mail to:

     

    Email: cre.notices@credit-suisse.com

 

    	 	Exhibit S-2	 

     

    

EXHIBIT T

 

FORM OF NOTICE RELATING TO THE NON-SERVICED MORTGAGE
LOANS

 

[FOR EACH OF THE CONSTITUTION CENTER AND THE EXCHANGERIGHT NET LEASED PORTFOLIO
#54 MORTGAGE LOANS:

 

Midland Loan Services, a Division of PNC Bank, National Association

10851 Mastin Street, Suite 300

Overland Park, Kansas 66210

Attention: Executive Vice President – Division Head

Facsimile: (888) 706-3565

Email: NoticeAdmin@midlandls.com (with a copy to

AskMidland@midlandls.com, solely with respect to notices under Section
3.13 and Section 13.10)

 

with a copy to:

 

Stinson LLP

1201 Walnut Street

Suite 2900

Kansas City, Missouri 64106-2150

Fax Number: (816) 412-9338

Attention: Kenda K. Tomes

Email: kenda.tomes@stinson.com]

 

[FOR EACH OF THE LIFE SCIENCE OFFICE PORTFOLIO, THE UCI RESEARCH PARK PHASES
12 & 13 AND THE SILVER SANDS PREMIUM OUTLETS MORTGAGE LOANS:

 

Wells Fargo Bank, National Association

Commercial Mortgage Servicing

MAC D1050-084

550 South Tryon Street, 23rd Floor

Charlotte, North Carolina 28202

Attention: BANK 2022-BNK40 Asset Manager

Email to: commercial.servicing@wellsfargo.com

 

with a copy to:

 

K&L Gates LLP

300 South Tryon Street, Suite 1000

Charlotte, North Carolina 28202

Attention: Stacy G. Ackermann

Facsimile Number: (704) 353-3190

Email: stacy.ackermann@klgates.com]

 

    	 	Exhibit T-1	 

     

    

[FOR THE 601 LEXINGTON AVENUE MORTGAGE LOAN:

 

Wells Fargo Bank, National Association

Commercial Mortgage Servicing

550 S. Tryon Street

MAC D1086-23A, 23rd Floor

Charlotte, North Carolina 28202

Attention: BXP 2021-601L Asset Manager

Fax Number: (704) 715-0036

Email to: commercial.servicing@wellsfargo.com

with a copy to:

K&L Gates LLP

300 South Tryon Street, Suite 1000

Charlotte, North Carolina 28202

Attention: Stacy G. Ackermann

Reference: BXP 2021-601L

Fax Number: (704) 353-3190]

 

[FOR THE SHEARER’S INDUSTRIAL PORTFOLIO MORTGAGE LOAN (PRIOR TO THE
SHEARER’S INDUSTRIAL PORTFOLIO LEAD NOTE SECURITIZATION DATE)

 

KeyBank National Association

11501 Outlook Street, Suite 300

Overland Park, Kansas 66211

Attention: Michael A. Tilden

Email: Michael_a_tilden@keybank.com

with a copy to:

Polsinelli

900 West 48th Place, Suite 900

Kansas City, Missouri 64112

Attention: Kraig Kohring

Email: kkohring@polsinelli.com]

 

[FOR THE JOURNAL SQUARED TOWER 2 MORTGAGE LOAN:

 

Wells Fargo Bank, National Association

Commercial Mortgage Servicing

MAC D1086-23A

550 South Tryon Street, 23rd Floor

Charlotte, North Carolina 28202

Attention: WFCM 2022-JS2 Asset Manager

Email to: commercial.servicing@wellsfargo.com

 

    	 	Exhibit T-2	 

     

    

with a copy to:

 

K&L Gates LLP

300 South Tryon Street, Suite 1000

Charlotte, North Carolina 28202

Attention: Stacy G. Ackermann

Facsimile Number: (704) 353-3190

Email: stacy.ackermann@klgates.com]

 

[FOR THE ILPT LOGISTICS PORTFOLIO MORTGAGE LOAN:

 

Berkadia Commercial Mortgage LLC

323 Norristown Road, Suite 300

Ambler, Pennsylvania 19002

Attention: Executive Vice President – Servicing

Fax Number: (215) 328-3478

 

with a copy to:

 

Berkadia Commercial Mortgage LLC

323 Norristown Road, Suite 300

Ambler, Pennsylvania 19002

Attention: General Counsel

with copies sent contemporaneously via e-mail to:

mark.mccool@berkadia.com and Legalnotices@berkadia.com]

VIA [EMAIL]

		Re:	BANK 2022-BNK41, 

Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41

Ladies and Gentlemen:

As you know, [_____], acts
as the master servicer (the “Lead Servicer”) for the whole loan secured by the [mortgaged property][portfolio of mortgaged
properties] identified as [NON-SERVICED WHOLE LOAN] (the “Subject Whole Loan”) under the pooling and servicing agreement
relating to the [_____] securitization trust (the “PSA”). This is to inform you that one or more of the promissory
notes related to the Subject Whole Loan (the “Subject Mortgage Loan”) has been transferred to BANK 2022-BNK41 pursuant
to that certain Pooling and Servicing Agreement, dated as of May 1, 2022 (the “2022-BNK41 Pooling and Servicing Agreement”),
between Morgan Stanley Capital I Inc., as depositor, Wells Fargo Bank, National Association, as general master servicer (the “2022-BNK41
General Master Servicer”), Rialto Capital Advisors, LLC, as general special servicer, National Cooperative Bank, N.A., as NCB
master servicer and NCB special servicer, Computershare Trust Company, National Association, as certificate administrator (the “2022-BNK41
Certificate Administrator”), Wilmington Trust, National Association, as trustee (the “2022-BNK41 Trustee”),
and Pentalpha Surveillance LLC, as

    	 	Exhibit T-3	 

     

    

operating advisor and as asset representations
reviewer, and that the 2022-BNK41 Trustee is the holder of the Subject Mortgage Loan.

The undersigned, as 2022-BNK41
Certificate Administrator, hereby directs you, in your capacity as the Lead Servicer of the Subject Whole Loan, to remit to the 2022-BNK41
General Master Servicer all amounts payable to, and forward, deliver or otherwise make available, as the case may be, to the 2022-BNK41
General Master Servicer all reports, statements, documents, communications, and other information that are to be forwarded, delivered
or otherwise made available to, the holder of the Subject Mortgage Loan under the related Intercreditor Agreement (as such term is defined
in the 2022-BNK41 Pooling and Servicing Agreement) and the PSA.

The Subject Mortgage Loan
[is][is not] a Significant Obligor (as such term is defined in the 2022-BNK41 Pooling and Servicing Agreement) under the 2022-BNK41 Pooling
and Servicing Agreement

Thank you for your attention
to this matter.

 

    	 	Exhibit T-4	 

     

    

	Date:_________________________	 	 
	 	 	 
	 	 	 
		
 Computershare Trust Company, National
	 	 	Association,
                                            as Certificate Administrator for
	 	 	the
                                            Holders of the BANK 2022-BNK41,
	 	 	Commercial
                                            Mortgage Pass-Through
	 	 	Certificates,
                                            Series 2022-BNK41
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

    	 	Exhibit T-5	 

     

    

 

cc:

[FOR CONSTITUTION CENTER:

[____]]

 

[FOR LIFE SCIENCE OFFICE PORTFOLIO:

[____]]

 

[FOR 601 LEXINGTON AVENUE:

[____]]

 

[FOR UCI RESEARCH PARK PHASES 12 & 13:

[____]]

 

[FOR SHEARER’S INDUSTRIAL PORTFOLIO:

[____]]

 

[FOR JOURNAL SQUARED TOWER 2:

[____]]

 

[FOR SILVER SANDS PREMIUM OUTLETS:

[____]]

 

[FOR EXCHANGERIGHT NET LEASED PORTFOLIO #54:

[____]]

 

[FOR ILPT LOGISTICS PORTFOLIO:

[____]]

 

 

 

    	 	Exhibit T-6	 

     

    

EXHIBIT U

 

FORM OF NOTICE AND CERTIFICATION

REGARDING DEFEASANCE OF MORTGAGE LOAN

To:         DBRS, Inc.

22 West Washington Street

Chicago, Illinois 60602

Attention: Commercial Mortgage Surveillance

Facsimile No.: (312) 332-3492 

Email: cmbs.surveillance@dbrs.com

Fitch Ratings, Inc.

300 West 57th Street

New York, New York 10019

Attention: Commercial Mortgage Surveillance Group

Facsimile No.: (212) 635-0295

E-mail: info.cmbs@fitchratings.com

S&P Global Ratings

55 Water Street, 41st Floor

New York, New York 10041

Attention: Commercial Mortgage Surveillance
Manager

E-mail: CMBS_Info_17g5@spglobal.com

 

[INSERT ADDRESS OF APPLICABLE MORTGAGE LOAN SELLER]

		From:	[Wells Fargo Bank, National Association][National Cooperative Bank, N.A.], in its capacity as [General][NCB] Master Servicer under
the Pooling and Servicing Agreement dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Morgan
Stanley Capital I Inc., as Depositor, Wells Fargo Bank, National Association, as General Master Servicer, Rialto Capital Advisors, LLC,
as General Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special Servicer, Computershare Trust Company,
National Association, as Certificate Administrator, Wilmington Trust, National Association, as Trustee, and Pentalpha Surveillance LLC,
as Operating Advisor and as Asset Representations Reviewer.

		Date:	_________, 20___

 

 

    	 	Exhibit U-1	 

     

    

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41

Mortgage Loan (the “Mortgage Loan”) identified by loan number _____ [and loan number [_______]] on the Mortgage Loan
Schedule attached to the Pooling and Servicing Agreement and heretofore secured by the Mortgaged Properties identified on the Mortgage
Loan Schedule by the following names:____________________

       ____________________

Reference is made to the
Pooling and Servicing Agreement described above. Capitalized terms used but not defined herein have the meanings assigned to such terms
in the Pooling and Servicing Agreement.

As [General][NCB] Master
Servicer under the Pooling and Servicing Agreement, we hereby:

(a)  
Notify you that the Mortgagor has consummated a defeasance of the Mortgage Loan pursuant to the terms of the Mortgage Loan, of
the type checked below:

____a full defeasance of the entire
principal balance of the Mortgage Loan; or

____a partial defeasance of a portion
of the principal balance of the Mortgage Loan that represents and, an allocated loan amount of $____________ or _______% of the entire
principal balance of the Mortgage Loan;

(b)  
Certify that each of the following is true, subject to those exceptions set forth with explanatory notes on Exhibit A hereto,
which exceptions the [General][NCB] Master Servicer has determined, consistent with the Servicing Standards, will have no material adverse
effect on the Mortgage Loan or the defeasance transaction:

(i)           
The Mortgage Loan documents permit the defeasance, and the terms and conditions for defeasance specified therein were satisfied
in all material respects in completing the defeasance.

(ii)           The
defeasance was consummated on __________, 20__.

(iii)          The
defeasance collateral consists of securities that (i) constitute “government securities” as defined in Section 2(a)(16) of
the Investment Company Act of 1940 as amended (15 U.S.C. 80A1), (ii) are listed as “Qualified Investments for ‘AAA’
Financings” under Paragraphs 1, 2 or 3 of “Cash Flow Approach” in Standard & Poor’s Public Finance Criteria
2000, as amended to the date of the defeasance, (iii) if they include a principal obligation, the principal due at maturity cannot vary
or change, and (iv) are not subject to prepayment, call or early redemption.

(iv)         The
[General][NCB] Master Servicer received an opinion of counsel (from counsel approved by the [General][NCB] Master Servicer in accordance
with the Servicing Standard) that the defeasance will not result in an Adverse REMIC Event.

    	 	Exhibit U-2	 

     

    

(v)          The [General][NCB] Master Servicer determined that the defeasance collateral will be owned by an entity (the “Defeasance
Obligor”) that is a Single-Purpose Entity (as defined in Standard & Poor’s Structured Finance Ratings Real Estate
Finance Criteria, as amended to the date of the defeasance (the “S&P Criteria”)) or is subject to restrictions
in its organizational documents substantially similar to those contained in the organization documents of the original Borrower with respect
to bankruptcy remoteness and single purpose as of the date of the defeasance, and after the defeasance owns no assets other than the defeasance
collateral and real property securing Mortgage Loans included in the pool.

(vi)          The
defeasance documents require the crediting of the defeasance collateral to an Eligible Account (as defined in the S&P Criteria) in
the name of the Trustee on behalf of the Trust, which account is maintained as a securities account by a securities intermediary and
has been pledged to the Trustee on behalf of the Trust.

(vii)        The
agreements executed in connection with the defeasance (i) grant control of the pledged securities account to Trustee on behalf of the
Trust, (ii) require the securities intermediary to make the scheduled payments on the Mortgage Loan from the proceeds of the defeasance
collateral directly to the [General][NCB] Master Servicer’s collection account in the amounts and on the dates specified in the
Mortgage Loan documents or, in a partial defeasance, the portion of such scheduled payments attributed to the allocated loan amount for
the real property defeased, increased by any defeasance premium specified in the Mortgage Loan documents (the “Scheduled Payments”),
(iii) permit reinvestment of proceeds of the defeasance collateral only in Permitted Investments (as defined in the Pooling and Servicing
Agreement or as defined in the documents evidencing the defeasance), (iv) permit release of surplus defeasance collateral and earnings
on reinvestment from the pledged securities account only after the Mortgage Loan has been paid in full, if any such release is permitted,
(v) prohibit transfers by the Defeasance Obligor of the defeasance collateral and subordinate liens against the defeasance collateral,
and (vi) provide for payment from sources other than the defeasance collateral or other assets of the Defeasance Obligor of all fees
and expenses of the securities intermediary for administering the defeasance and the securities account and all fees and expenses of
maintaining the existence of the Defeasance Obligor.

(viii)      The
[General][NCB] Master Servicer received written confirmation from a firm of independent certified public accountants, who were approved
by the [General][NCB] Master Servicer in accordance with the Servicing Standard stating that (i) revenues from the defeasance collateral
(without taking into account any earnings on reinvestment of such revenues) will be sufficient to timely pay each of the Scheduled Payments
after the defeasance including the payment in full of the Mortgage Loan (or the allocated portion thereof in connection with a partial
defeasance) on its Maturity Date (or, in the case of an ARD Loan, on its Anticipated Repayment Date), (ii) the revenues received in any
month from the defeasance collateral will be applied to make Scheduled Payments within four (4) months after the date of receipt, and
(iii) interest income from the defeasance collateral to the Defeasance Obligor in any calendar or fiscal year will not exceed such Defeasance
Obligor’s interest expense for the Mortgage Loan (or the allocated portion thereof in a partial defeasance) for such year.

    	 	Exhibit U-3	 

     

    

(ix)           The Mortgage Loan is not among the ten (10) largest loans in the pool as of the date of the Current Report (as defined below).
The entire principal balance of the Mortgage Loan as of the date of defeasance was less than both $[______] and five percent of pool
balance, which is less than [__]% of the aggregate Certificate Balance of the Certificates as of the date of the most recent Distribution
Date Statement received by us (the “Current Report”).

(x)           
The [General][NCB] Master Servicer has received opinions of counsel stating that the Trustee on behalf of the Trust possesses a
valid, perfected first priority security interest in the defeasance collateral and that the documents executed in connection with the
defeasance are enforceable in accordance with their respective terms.

(c)            Certify
that Exhibit B hereto is a list of the material agreements, instruments, organizational documents for the Defeasance Obligor,
and opinions of counsel and independent accountants executed and delivered in connection with the defeasance.

(d)  
     Certify that the individual under whose hand the [General][NCB] Master Servicer has caused this Notice and Certification to
be executed did constitute a Servicing Officer as of the date of the defeasance described above.

(e)  
Certify that it has provided the required notices to, and obtained the required consents of, the related Mortgage Loan Seller in
accordance with Section 3.18(i) of the Pooling and Servicing Agreement.

(f)   
     Agree to provide copies of all items listed in Exhibit B to you upon request.

    	 	Exhibit U-4	 

     

    

IN WITNESS WHEREOF, the
[General][NCB] Master Servicer has caused this Notice and Certification to be executed as of the date captioned above. 

	 	 	 
	 	 	 
	 	[________________]
	 	 	as [General][NCB] Master Servicer
	 	 	 
	 	 	 
	 	By:	
	 		Name: 
	 	 	Title:
	 	 	 

 

 

    	 	Exhibit U-5	 

     

    

EXHIBIT V

FORM OF OPERATING ADVISOR
ANNUAL REPORT1

Report Date: This report will be delivered
no later than [INSERT DATE], pursuant to the terms and conditions of the Pooling and Servicing Agreement, dated as of May 1, 2022 (the
“Pooling and Servicing Agreement”).

Transaction: BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41

Operating Advisor: Pentalpha Surveillance LLC

Special Servicer: [Rialto Capital Advisors, LLC][National Cooperative Bank, N.A.]

Directing Certificateholder: RREF IV Debt AIV, LP

		I.	Population of Mortgage Loans that Were Considered in Compiling this Report

		1.	The [General][NCB] Special Servicer
has notified the Operating Advisor that [●]
Specially Serviced Loans were transferred to special servicing in the prior calendar year [INSERT YEAR].

		a.	[●]
of those Specially Serviced Loans are still being analyzed by the [General][NCB] Special Servicer as part of the development of an Asset
Status Report.

		b.	Asset Status Reports were issued
with respect to [●]
of such Specially Serviced Loans. This report is based only on the Specially Serviced Loans in respect of which an Asset Status Report
has been issued. The Asset Status Reports may not yet be fully implemented.

		II.	Executive Summary

Based on the requirements and qualifications
set forth in the Pooling and Servicing Agreement, as well as the items listed below, the Operating Advisor (in accordance with the Operating
Advisor’s analysis requirements outlined in the Pooling and Servicing Agreement) has undertaken a limited review of the Special
Servicer’s reported actions on the loans identified in this report. Based solely on such limited review, and subject to the assumptions,
limitations and qualifications set forth herein, the Operating Advisor believes, in its sole discretion exercised in good faith, that
the Special Servicer [is/is not] operating in compliance with the Servicing Standard with respect to its performance of its duties under
the Pooling and Servicing Agreement. [The Operating Advisor believes, in its sole discretion exercised in good faith, that the Special
Servicer has failed to materially comply with the Servicing Standard as a result of the following material deviations.]

 

1
    This report is an indicative report and does not reflect the final form of annual report to be used in any particular
year. The Operating Advisor will have the ability to modify or alter the organization and content of any particular report, subject to
the compliance with the terms of the Pooling and Servicing Agreement, including, without limitation, provisions relating to Privileged
Information.

    	 	Exhibit V-1	 

     

    

●        
 [LIST OF MATERIAL DEVIATION ITEMS]

In addition, the Operating Advisor notes the
following: [PROVIDE SUMMARY OF ANY ADDITIONAL MATERIAL INFORMATION].

●        
[ADD RECOMMENDATION OF REPLACEMENT OF SPECIAL SERVICER,
IF APPLICABLE]

In connection with the assessment set forth
in this report, the Operating Advisor:

		1.	Reviewed the Asset Status Reports, the Special Servicer’s assessment of compliance report, attestation
report by a third party regarding the Special Servicer’s compliance with its obligations and net present value calculations and
Appraisal Reduction Amount calculations and [LIST OTHER REVIEWED INFORMATION] for the following [●] Specially Serviced Loans: [List
related mortgage loans]

		2.	Consulted with the Special Servicer as provided under the Pooling and Servicing Agreement. The Operating
Advisor’s analysis of the Asset Status Reports (including related net present value calculations and Appraisal Reduction Amount
calculations) related to the Specially Serviced Loans should be considered a limited investigation and not be considered a full or limited
audit. For instance, we did not review each page of the Special Servicer’s policy and procedure manuals (including amendments and
appendices), re-engineer the quantitative aspects of their net present value calculation, visit any property, visit the Special Servicer,
visit the Directing Certificateholder or interact with any borrower. In addition, our review of the net present value calculations and
Appraisal Reduction Amount calculations is limited to the mathematical accuracy of the calculations and the corresponding application
of the non-discretionary portions of the applicable formulas, and as such, does not take into account the reasonableness of the discretionary
portions of such formulas.

		III.	Specific Items of Review

		1.	The Operating Advisor reviewed the following items in connection with the generation of this report:
[LIST MATERIAL ITEMS].

		2.	During the prior year, the Operating Advisor consulted with the Special Servicer regarding its strategy
plan for a limited number of issues related to the following Specially Serviced Loans: [LIST]. The Operating Advisor participated in discussions
and made strategic observations and recommended alternative courses of action to the extent it deemed such observations and recommendations
appropriate.

		3.	Appraisal Reduction Amount calculations and net present value calculations:

		4.	The Operating Advisor [received/did not receive] information necessary to recalculate and verify the
accuracy of the mathematical calculations and the corresponding application of the non-discretionary portions of the applicable

    	 	Exhibit V-2	 

     

    

formulas required to be utilized in connection with any Appraisal
Reduction Amount or net present value calculations used in the Special Servicer’s determination of what course of action to take
in connection with the workout or liquidation of a Specially Serviced Loan prior to the utilization by the Special Servicer.

		a.	The Operating Advisor [agrees/does not agree] with the [mathematical calculations] [and/or] [the application
of the applicable non-discretionary portions of the formula] required to be utilized for such calculation.

		b.	After consultation with the Special Servicer to resolve any inaccuracy in the mathematical calculations
or the application of the non-discretionary portions of the related formula in arriving at those mathematical calculations, such inaccuracy
[has been/ has not been] resolved.

		5.	The following is a general discussion of certain concerns raised by the Operating Advisor discussed
in this report: [LIST CONCERNS].

		6.	In addition to the other information presented herein, the Operating Advisor notes the following additional
items, if any: [LIST ADDITIONAL ITEMS].

		IV.	Assumptions, Qualifications and Disclaimers Related to the Work Product Undertaken and Opinions Related
to this Report

		1.	As provided in the Pooling and Servicing Agreement, the Operating Advisor (i) is not required to report
on instances of non-compliance with, or deviations from, the Servicing Standard or the Special Servicer’s obligations under the
Pooling and Servicing Agreement that the Operating Advisor determines, in its sole discretion exercised in good faith, to be immaterial
and (ii) will not be required in the ordinary course to provide or obtain a legal opinion, legal review or legal conclusion as part of
that assessment.

		2.	In rendering our assessment herein, we have assumed that all executed factual statements, instruments,
and other documents that we have relied upon in rendering this assessment have been executed by persons with legal capacity to execute
such documents.

		3.	Except as may have been reflected in any Asset Status Report, the Operating Advisor did not participate
in, or have access to, the Special Servicer’s and Directing Certificateholder’s discussion(s) regarding any Specially Serviced
Loan. The Operating Advisor does not have authority to speak with the Directing Certificateholder or borrower directly. As such, the Operating
Advisor relied upon the information delivered to it by the Special Servicer as well as its interaction with the Special Servicer, if any,
in gathering the relevant information to generate this report. The services that we perform are not designed and cannot be relied upon
to detect fraud or illegal acts should any exist.

		4.	The Special Servicer has the legal authority and responsibility to service any Specially Serviced Loans
pursuant to the Pooling and Servicing Agreement. The

    	 	Exhibit V-3	 

     

    

Operating Advisor has no responsibility or authority to alter
the standards set forth therein or direct the actions of the Special Servicer.

		5.	Confidentiality and other contractual limitations limit the Operating Advisor’s ability to outline
the details or substance of any communications held between it and the Special Servicer regarding any Specially Serviced Loans and certain
information it reviewed in connection with its duties under the Pooling and Servicing Agreement. As a result, this report may not reflect
all the relevant information that the Operating Advisor is given access to by the Special Servicer.

		6.	There are many tasks that the Special Servicer undertakes on an ongoing basis related to Specially Serviced
Loans. These include, but are not limited to, assumptions, ownership changes, collateral substitutions, capital reserve changes, etc.
The Operating Advisor does not participate in any discussions regarding such actions. As such, Operating Advisor has not assessed the
Special Servicer’s operational compliance with respect to those types of actions.

		7.	The Operating Advisor is not empowered to speak with any investors directly. If the investors have questions
regarding this report, they should address such questions to the Certificate Administrator through the Certificate Administrator’s
website.

		8.	This report does not constitute recommendations to buy, sell or hold any security, nor does the Operating
Advisor take into account market prices of securities or financial markets generally when performing its limited review of the Special
Servicer as described above. The Operating Advisor does not have a fiduciary relationship with any Certificateholder or any other party
or individual. Nothing is intended to or should be construed as creating a fiduciary relationship between the Operating Advisor and any
Certificateholder, party or individual.

Terms used but not defined herein have the
meaning set forth in the Pooling and Servicing Agreement.

 

    	 	Exhibit V-4	 

     

    

EXHIBIT W

 

Form
of Notice from Operating Advisor Recommending Replacement of A Special Servicer

 

Wilmington Trust, National Association

as Trustee

1100 North Market Street

Wilmington, Delaware 19890

Attention: CMBS Trustee BANK 2022-BNK41

Telecopy number: (302) 630-4140

 

Computershare Trust Company, National Association

as Certificate Administrator

9062 Old Annapolis Road

Columbia, Maryland 21045-1951

Attention: Corporate Trust Services (CMBS)

BANK 2022-BNK41

Telecopy Number: (410) 715-2380

 

[Rialto Capital Advisors, LLC

as General Special Servicer

200 S. Biscayne Blvd, Suite 3550

Miami, Florida 33131

Attention: Liat Heller, Jeff Krasnoff, Niral Shah, Adam Singer (BANK 2022-BNK41)

Facsimile number: (305) 229-6425

E-mail: liat.heller@rialtocapital.com, jeff.krasnoff@rialtocapital.com,

niral.shah@rialtocapital.com, adam.singer@rialtocapital.com]

 

[National Cooperative Bank, N.A.,

as NCB Special Servicer

2011 Crystal Drive, Suite 800

Arlington, Virginia 22202

Attention: Kathleen Luzik, Chief Operating Officer

Facsimile number: (703) 647-3473

Email: kluzik@ncb.coop]

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41, 

Recommendation of Replacement of [General][NCB] Special Servicer

Ladies and Gentlemen:

This letter is delivered
pursuant to Section 7.01(d) of the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing
Agreement”), between Morgan

    	 	Exhibit W-1	 

     

    

Stanley Capital I Inc., as Depositor, Wells
Fargo Bank, National Association, as General Master Servicer, Rialto Capital Advisors, LLC, as General Special Servicer, National Cooperative
Bank, N.A., as NCB Master Servicer and NCB Special Servicer, Computershare Trust Company, National Association, as Certificate Administrator,
Wilmington Trust, National Association, as Trustee, Pentalpha Surveillance LLC, as Operating Advisor and as Asset Representations Reviewer,
on behalf of the holders of BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41 (the “Certificates”)
regarding the replacement of the[General][NCB] Special Servicer. Capitalized terms used and not otherwise defined herein shall have the
respective meanings ascribed to such terms in the Pooling and Servicing Agreement.

Based upon our review of
the [General][NCB] Special Servicer’s operational practices conducted pursuant to and in accordance with Section 3.26 of the Pooling
and Servicing Agreement, it is our assessment that [Rialto Capital Advisors, LLC][National Cooperative Bank, N.A.], in its current capacity
as [General][NCB] Special Servicer, is not [performing its duties under the Pooling and Servicing Agreement][acting in accordance with
the Servicing Standard]. The following factors support our assessment: [________].

Based
upon such assessment, we further hereby recommend that [Rialto Capital Advisors, LLC][National Cooperative Bank, N.A.] be removed as
[General][NCB] Special Servicer and that [________] be appointed its successor in such capacity. 

	 	 	 
		Very truly yours,
	 	 	 
	 	 	 
	 	 
	 	[The Operating Advisor]
	 	 	 
	 	By:	 
		 	Name:
		 	Title:

Dated:

    	 	Exhibit W-2	 

     

    

EXHIBIT X

Form
of CONFIDENTIALITY Agreement

 

[Wells Fargo Bank, National Association

Commercial Mortgage Servicing

550 S. Tryon Street

MAC D1086-23A

23rd Floor

Charlotte, North Carolina 28202

Attention: BANK 2022-BNK41 Asset Manager

Telecopy Number: (704) 715-0036

Email: commercial.servicing@wellsfargo.com]

 

[Rialto Capital Advisors, LLC

as General Special Servicer

200 S. Biscayne Blvd, Suite 3550

Miami, Florida 33131

Attention: Liat Heller, Jeff Krasnoff, Niral Shah, Adam Singer (BANK 2022-BNK41)

Facsimile number: (305) 229-6425

E-mail: liat.heller@rialtocapital.com, jeff.krasnoff@rialtocapital.com,
niral.shah@rialtocapital.com, adam.singer@rialtocapital.com]

 

[National Cooperative Bank, N.A.,

as NCB Special Servicer

2011 Crystal Drive, Suite 800

Arlington, Virginia 22202

Attention: Kathleen Luzik, Chief Operating Officer

Facsimile number: (703) 647-3473

Email: kluzik@ncb.coop]

		Re:	Access to Certain Information Regarding BANK 2022-BNK41, Commercial Mortgage Pass-Through
Certificates, Series 2022-BNK41

Ladies and Gentlemen:

Reference is hereby made to that certain Pooling
and Servicing Agreement dated as of May 1, 2022 (the “Pooling and Servicing
Agreement”), among the Morgan Stanley Capital I Inc., as Depositor, Wells Fargo Bank, National Association, as General
Master Servicer, Rialto Capital Advisors, LLC, as General Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and
NCB Special Servicer, Computershare Trust Company, National Association, as Certificate Administrator, Wilmington Trust, National Association,
as Trustee, and Pentalpha Surveillance LLC, as Operating Advisor and as Asset Representations Reviewer. Defined terms used herein and
not otherwise defined shall have the meanings set forth in the Pooling and Servicing Agreement.

    	 	Exhibit X-1	 

     

    

[_____] [__], 20[__] 

Page 2

[Wells Fargo Bank, National Association (“Wells
Fargo”)/Rialto Capital Advisors, LLC (“Rialto”)/National Cooperative Bank, N.A. (“NCB”)]
understands that [____] (the “Company”) is requesting
certain confidential or non-public information relating to the Mortgage Loans to which the Company has continuing rights as a Certificateholder.
The Company is requesting such information for the purpose of analyzing asset performance and evaluating any continuing rights the Company
may have under the Trust (the “Permitted Purpose”).
The Company agrees that the Permitted Purpose shall not include the use or disclosure of the Confidential Information (as defined below)
in any manner that violates any applicable law, the Pooling and Servicing Agreement or the related mortgage loan documents.

[Wells Fargo/Rialto/NCB] will provide the Company
with certain confidential, non-public servicing information (the “Confidential
Information”) pertaining to the Mortgage Loans and the related Mortgaged Properties and borrowers. The Company acknowledges
that the Confidential Information (a) includes or may be based upon information provided to [Wells Fargo/Rialto/NCB] by third parties,
(b) may not have been verified by [Wells Fargo/Rialto/NCB], and (c) may be incomplete or contain inaccuracies. The Company agrees
that [Wells Fargo/Rialto/NCB], the [“General Master Servicer”/“General Special Servicer”/ “NCB
Master Servicer”/ “NCB Special Servicer”] (as defined in the Pooling and Servicing Agreement) and its respective
Representatives (as defined below) shall not have any liability to the Company or its Representatives resulting from (x) any inaccuracies
or omissions in the Confidential Information, (y) any use of the Confidential Information, or (z) [Wells Fargo/Rialto/NCB]’s
failure or inability to provide the Confidential Information to the Company for any reason. Notwithstanding the foregoing, the following
will not constitute “Confidential Information” for
purposes of this letter agreement: (a) information that was already in Company’s possession prior to its receipt from [Wells
Fargo/Rialto/NCB]; (b) information that is obtained by Company from a third person who, insofar as is known to Company, is not prohibited
from transmitting the information to Company by a contractual, legal or fiduciary obligation to [Wells Fargo/Rialto/NCB]; (c) information
that is or becomes publicly available through no fault of Company; and (d) information that is independently developed by Company.
The term “Representatives” with respect to any entity shall mean the officers, directors, general partners, employees, agents,
affiliates, auditors and legal counsel (which may be internal counsel) of that entity.

The Company may have access to the Confidential
Information through (at [Wells Fargo/Rialto/NCB]’s election): (i) responses to reasonable written inquiries received from the
Company, (ii) conference calls conducted on a reasonably scheduled basis with [Wells Fargo/Rialto/NCB]’s surveillance group,
or (iii) direct on-line access (read-only capacity) to the information available on the applicable [____] system or any successor
or replacement system (“System”). [Wells Fargo/Rialto/NCB]
may cease or defer providing the Company with Confidential Information in the event that (a) the Company or its Representatives violate
any provision hereof, or (b) [Wells Fargo/Rialto/NCB] determines (in its sole discretion) that such termination is necessary for
any reason, including its determination that such action is required pursuant to the terms of the Pooling and Servicing Agreement, the
related Mortgage Loan documents, or any applicable law. [Wells Fargo/Rialto/NCB] shall cease to provide the Company with Confidential
Information if [Wells Fargo/Rialto/NCB] has actual knowledge that the Company or its Representatives are affiliates of any borrower under
the Mortgage Loan documents and [Wells Fargo/Rialto/NCB] determines that the provision, notice or access to such Confidential Information
would violate the accepted servicing practices or servicing standards as defined in the

    	 	Exhibit X-2	 

     

    

[_____] [__], 20[__] 

Page 3

Pooling and Servicing Agreement. The Company’s
obligations and the restrictions applicable to the protection of the Confidential Information hereunder shall survive the termination
of the Company’s access to the Confidential Information. [Wells Fargo/Rialto/NCB]’s remedies hereunder, at law or at equity,
are cumulative and may be combined.

The Company agrees that it will not, and it
shall not permit its Representatives, to disclose the Confidential Information in any manner whatsoever to any other person or entity,
other than its Representatives (but only to the extent necessary to accomplish the Permitted Purpose) who have a need to know the information,
or as otherwise required by applicable law, court order or any governmental agency or regulator. The Company acknowledges (i) its
obligations under the U.S. federal securities laws, and (ii) that any disclosure of the Confidential Information by it or its Representatives
for any purpose other than a Permitted Purpose, in addition to being a breach of this letter agreement, may constitute a violation of
federal and state securities laws. The Company will take reasonable measures to ensure that each Representative is advised of this letter
agreement and agrees to keep the Confidential Information confidential. The Company shall be liable for any breach of this letter agreement
by its Representatives and shall indemnify the Depositor, the Trustee, the Certificate Administrator, the Master Servicers, the Special
Servicers, the Operating Advisor, the Asset Representations Reviewer, the Underwriters, the Initial Purchasers and the Trust Fund for
any loss, liability or expense incurred thereby with respect to any such breach by the Company or any of its Representatives. Notwithstanding
the foregoing, the Company may subsequently provide all or any part of such Confidential Information to any other person or entity that
holds or is contemplating the purchase of any Certificate or interest therein, but only if such person or entity confirms such ownership
interest or prospective ownership interest and provided that, prior to the delivery of such Confidential Information, such persons
shall have executed and delivered to the Company an agreement that is substantially similar in form and substance to this agreement.

This letter agreement shall be governed by
and construed in accordance with the laws of the State of New York without the application of conflict of laws principles. Anything herein
to the contrary notwithstanding, [Wells Fargo/Rialto/NCB] intends at all times to comply with the terms and provisions of the Pooling
and Servicing Agreement and nothing in this letter agreement should be construed to limit or qualify any of [Wells Fargo/Rialto/NCB]’s
rights or obligations under the Pooling and Servicing Agreement. This letter agreement may be executed in counterparts and by facsimile/Portable
Document Format (PDF); each such counterpart shall be deemed to be an original instrument, and all such counterparts together shall constitute
one agreement.

This agreement shall terminate with respect
to the information received by the Company one year after the Company receives such information or ceases to be a Certificateholder. Company
agrees that this letter agreement supersedes and replaces and survives any click-through agreement regarding confidentiality of Confidential
Information agreed to in connection with accessing the System whether agreed to in accessing the System before or after signing this letter
agreement.

    	 	Exhibit X-3	 

     

    

Please have an authorized signatory countersign
in the space provided below to indicate the Company’s confirmation of, and agreement to, the matters set forth herein.

	 	 	 	 
	 	 	 	 
	 		 	Very
    truly yours,
	 	 	 	 
	 	 	 	 
	 	 	 	[WELLS FARGO
    BANK, NATIONAL ASSOCIATION
	 	 	 	 
	 	 		
	 	 	By:	
	 		 	Name:
	 		 	Title:]
	 	 	 	 
	 	 	 	 
	 	 	 	[RIALTO CAPITAL
    ADVISORS, LLC
	 	 	 	 
	 	 	 	 
	 	 	By:	 
	 	 	 	Name:
	 	 	 	Title:]
	 	 	 	 
	 	 	 	 
	 	 	 	[NATIONAL COOPERATIVE
    BANK, N.A.
	 	 	 	 
	 	 	By:	 
	 	 	 	Name:
	 	 	 	Title:]
	 	 	 	 
	CONFIRMED AND AGREED TO:	 	 
	 	 	 	 
	[COMPANY NAME]	 	 
	 	 	 	 
	 	 	 	 
	By:	 	 	 
	 	Name:	 	 
	 	Title:	 	 

 

 

    	 	Exhibit X-4	 

     

    

EXHIBIT Y

FORM CERTIFICATION TO BE PROVIDED WITH FORM
10-K

CERTIFICATION

I, [identify the certifying
individual], certify that:

		1.	I have reviewed this report on Form 10-K, and all reports on Form 10-D required to be filed in respect
of the period covered by this report on Form 10-K of BANK 2022-BNK41 (the “Exchange
Act periodic reports”);

		2.	Based on my knowledge, the Exchange Act periodic reports, taken as a whole, do not contain any untrue
statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under
which such statements were made, not misleading with respect to the period covered by this report;

		3.	Based on my knowledge, all of the distribution, servicing and other information required to be provided
under Form 10-D for the period covered by this report is included in the Exchange Act periodic reports;

		4.	Based on my knowledge and the servicer compliance statements required in this report under Item 1123 of
Regulation AB, and except as disclosed in the Exchange Act periodic reports, the servicers have fulfilled their obligations under the
servicing agreements in all material respects; and

		5.	All of the reports on assessment of compliance with servicing criteria for asset-backed securities and
their related attestation reports on assessment of compliance with servicing criteria for asset-backed securities required to be included
in this report in accordance with Item 1122 of Regulation AB and Exchange Act Rules 13a-18 and 15d-18 have been included as an exhibit
to this report, except as otherwise disclosed in this report. Any material instances of noncompliance described in such reports have been
disclosed in this report on Form 10-K.

In giving the certifications
above, I have reasonably relied on information provided to me by the following unaffiliated parties:

[(A) Wells Fargo Bank, National
Association, as General Master Servicer, Rialto Capital Advisors, LLC, as General Special Servicer, National Cooperative Bank, N.A., as
NCB Master Servicer and NCB Special Servicer, Computershare Trust Company, National Association, as Certificate Administrator, Wilmington
Trust, National Association, as Trustee, and Pentalpha Surveillance LLC, as Operating Advisor and as Asset Representations Reviewer;

(B) [List other applicable
reporting servicers]]

 

    	 	Exhibit Y-1	 

     

    

 

	 	 
	Date: _________________________	 
	 	 
	 	 
	President	 
	Morgan
    Stanley Capital I Inc.	 
	(Senior
    officer in charge of the securitization of the	 
	depositor)	 

 

 

    	 	Exhibit Y-2	 

     

    

EXHIBIT Y-1

FORM OF CERTIFICATION TO BE PROVIDED

TO DEPOSITOR BY CERTIFICATE ADMINISTRATOR

 

BANK 2022-BNK41 (the “Trust”)

The undersigned, __________,
a __________ of COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION on behalf of COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION, as Certificate
Administrator (the “Certificate Administrator”), under that certain Pooling and Servicing Agreement, dated as of May
1, 2022 (the “Pooling and Servicing Agreement”), entered into by Morgan Stanley Capital I Inc., as depositor (the “Depositor”),
Wells Fargo Bank, National Association, as general master servicer (the “General Master Servicer”), Rialto Capital
Advisors, LLC, as general special servicer (the “General Special Servicer”), National Cooperative Bank, N.A., as NCB
master servicer (in such capacity, the “NCB Master Servicer”) and NCB special servicer (in such capacity, the “NCB
Special Servicer”), Wilmington Trust, National Association, as trustee, the Certificate Administrator, and Pentalpha Surveillance
LLC, as operating advisor and as asset representations reviewer, certifies to [_______], the Depositor, each Other Depositor and each
Other Certificate Administrator with respect to a securitization of a Serviced Companion Loan and their respective officers, directors
and affiliates, to the extent that the following information is within our normal area of responsibilities and duties under the Pooling
and Servicing Agreement, and with the knowledge and intent that the applicable Certification Parties will rely upon this certification,
that:

		1.	I have reviewed the annual report on Form 10-K for the fiscal year 20[__] (the “Annual
Report”), and all reports on Form 10-D and Form 8-K to be filed in respect of periods included in the year covered
by the Annual Report (collectively with the Annual Report, the “Reports”);

		2.	To my knowledge, the Reports taken as a whole, do not contain any untrue statement of a material fact
or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were
made, not misleading with respect to the period covered by the Annual Report;

		3.	To my knowledge, the distribution information required to be provided by the Certificate Administrator
under the Pooling and Servicing Agreement for inclusion in the Reports is included in the Reports;

		4.	I am responsible for reviewing the activities performed by the Certificate Administrator under the Pooling
and Servicing Agreement and based on my knowledge and the compliance reviews conducted in preparing the Certificate Administrator compliance
statements required for inclusion on Form 10-K pursuant to Item 1123 of Regulation AB, and except as disclosed on any Reports,
the Certificate Administrator has fulfilled its obligations in all material respects under the Pooling and Servicing Agreement; and

 

    	 	Exhibit Y-1-1	 

     

    

		5.	The report on assessment of compliance with servicing criteria applicable to the Certificate Administrator
for asset-backed securities with respect to the Certificate Administrator or any Servicing Function Participant retained by the Certificate
Administrator and related attestation report on assessment of compliance with servicing criteria applicable to it required to be included
in the annual report on Form 10-K for the Relevant Period in accordance with Item 1122 of Regulation AB and Exchange Act
Rules 13a-18 and 15d-18 has been provided to the Depositor for inclusion as an exhibit to such Form 10-K. Any material instances
of noncompliance described in such reports have been provided to the Depositor for disclosure in such annual report on Form 10-K.

In giving the certifications
above, the Certificate Administrator has reasonably relied on information provided to it by the following unaffiliated persons: the General
Master Servicer, the General Special Servicer, the NCB Master Servicer, the NCB Special Servicer, the Depositor, the Trustee and/or the
Custodian.

Capitalized terms used but
not defined herein have the meanings set forth in the Pooling and Servicing Agreement.

Date:

		[COMPUTERSHARE TRUST COMPANY, 
 NATIONAL ASSOCIATION
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:]

    	 	Exhibit Y-1-2	 

     

    

Exhibit
Y-2

FORM OF CERTIFICATION TO BE PROVIDED

TO DEPOSITOR BY MASTER SERVICER

BANK 2022-BNK41 (the “Trust”)

I, [identify the certifying
individual], a [_______________] of [WELLS FARGO BANK, NATIONAL ASSOCIATION][NATIONAL COOPERATIVE BANK, N.A.[, as [General][NCB] Master
Servicer under that certain Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling
and Servicing Agreement”), entered into by Morgan Stanley Capital I Inc., as depositor (the “Depositor”),
Wells Fargo Bank, National Association, as general master servicer (the “General Master Servicer”), Rialto Capital
Advisors, LLC, as general special servicer (the “General Special Servicer”), National Cooperative Bank, N.A., as NCB
master servicer (in such capacity, the “NCB Master Servicer”) and NCB special servicer (in such capacity, the “NCB
Special Servicer”), Wilmington Trust, National Association, as trustee, Computershare Trust Company, National Association, as
certificate administrator (the “Certificate Administrator”), and Pentalpha Surveillance LLC, as operating advisor and
as asset representations reviewer, on behalf of the [General][NCB] Master Servicer, certify to [Name of Certifying Person(s) for Sarbanes-Oxley
Certification], the Depositor and each Other Depositor with respect to a securitization of a Serviced Companion Loan and their respective
officers, directors and affiliates, and with the knowledge and intent that the applicable Certification Parties will rely upon this certification,
that:

1.                 
Based on my knowledge, with respect to the period ending [December 31, 20__] (the “Relevant
Period”), and assuming the accuracy of the statements required to be made by each Special Servicer in the special servicer
backup certificate delivered by each Special Servicer relating to the Relevant Period, all servicing information and all reports (the
“Servicer Reports”) required to be submitted by the
[General][NCB] Master Servicer to the Certificate Administrator pursuant to Sections 3.12(b) and (d) of the Pooling and Servicing
Agreement for inclusion in the annual report on Form 10-K for the Relevant Period and inclusion in all reports on Form 10-D
or Form 8-K have been submitted by the [General][NCB] Master Servicer to the Certificate Administrator for inclusion in these reports;

2.                 
Based on my knowledge, and assuming the accuracy of the statements required to be made by each Special Servicer in the special
servicer backup certificate delivered by each Special Servicer relating to the Relevant Period, the master servicing information contained
in the Servicer Reports, taken as a whole, does not contain any untrue statement of a material fact or omit to state a material fact necessary
to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period
covered by these reports;

3.                 
I am, or a Servicing Officer under my supervision is, responsible for reviewing the activities performed by the [General][NCB]
Master Servicer under the Pooling and Servicing Agreement and based upon my knowledge and the annual compliance reviews conducted in preparing
the servicer compliance statements required to be delivered under

    	 	Exhibit Y-2-1	 

     

    

Article XI of the Pooling and Servicing
Agreement for inclusion on Form 10-K pursuant to Item 1123 of Regulation AB with respect to the [General][NCB] Master Servicer,
and except as disclosed in the compliance certificate delivered by the [General][NCB] Master Servicer under Section 11.09 of the
Pooling and Servicing Agreement, the [General][NCB] Master Servicer has fulfilled its obligations under the Pooling and Servicing Agreement
in all material respects during the Relevant Period;

4.                 
The accountants that are to deliver the annual attestation report on assessment of compliance with the Relevant Servicing Criteria
in respect of the [General][NCB] Master Servicer with respect to the Trust’s fiscal year _____ have been provided all information
relating to the [General][NCB] Master Servicer’s assessment of compliance with the Relevant Servicing Criteria in order to enable
them to conduct a review in compliance with the standards for attestation engagements issued or adopted by the PCAOB; and

5.                 
The report on assessment of compliance with servicing criteria applicable to the [General][NCB] Master Servicer for asset-backed
securities with respect to the [General][NCB] Master Servicer or any Servicing Function Participant retained by the [General][NCB] Master
Servicer and related attestation report on assessment of compliance with servicing criteria applicable to it required to be included in
the annual report on Form 10-K for the Relevant Period in accordance with Item 1122 of Regulation AB and Exchange Act Rules 13a-18
and 15d-18 has been provided to the Depositor and to the Certificate Administrator for inclusion as an exhibit to such Form 10-K.
Any material instances of noncompliance described in such reports have been provided to the Certificate Administrator and the Depositor
for disclosure in such annual report on Form 10-K.

[In giving the certification
above, I have reasonably relied on and make no certification as to information provided to me by the following unaffiliated parties: [name(s)
of third parties (including the [General][NCB] Special Servicer, but other than a Sub-Servicer, Additional Servicer or any other third
party retained by the [General][NCB] Master Servicer that is not a Sub-Servicer appointed pursuant to Section 3.20 of the Pooling
and Servicing Agreement) and, notwithstanding the foregoing certifications, neither I nor the [General][NCB] Master Servicer makes any
certification under the foregoing clauses (2) and (3) with respect to the information in the Servicer Reports that is in turn
dependent upon information provided by the [General][NCB] Special Servicer under the Pooling and Servicing Agreement. Solely with respect
to the completeness of information and reports, I do not certify anything other than that all fields of information called for in written
reports prepared by the [General][NCB] Master Servicer have been properly completed and that any fields that have been left blank on their
face have been done so in accordance with the CREFC procedures for such report.]

Capitalized terms used but
not defined herein have the meanings set forth in the Pooling and Servicing Agreement.

Date:

    	 	Exhibit Y-2-2	 

     

    

		
 [WELLS FARGO BANK, NATIONAL
	 	 	ASSOCIATION
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:]
	 	 	 
	 	 	 
	 	[NATIONAL COOPERATIVE BANK, N.A.
	 	 	 
	 	 	 
	 	By:	
	 	 	Name:
	 	 	Title:]

 

    	 	Exhibit Y-2-3	 

     

    

Exhibit
Y-3

FORM OF CERTIFICATION TO BE PROVIDED

TO DEPOSITOR BY SPECIAL SERVICER

BANK 2022-BNK41 (the “Trust”)

I, [identify the certifying
individual], a [_______________] of [Rialto Capital Advisors, LLC][national cooperative bank,
n.a.], as [General][NCB] Special Servicer under that certain Pooling and Servicing Agreement dated as of May 1, 2022 (the “Pooling
and Servicing Agreement”), entered into by Morgan Stanley Capital I Inc., as depositor (the “Depositor”),
Wells Fargo Bank, National Association, as general master servicer (the “General Master Servicer”), Rialto Capital
Advisors, LLC, as general special servicer (the “General Special Servicer”), National Cooperative Bank, N.A., as NCB
master servicer (in such capacity, the “NCB Master Servicer”) and NCB special servicer (in such capacity, the “NCB
Special Servicer”), Wilmington Trust, National Association, as trustee (the “Trustee”), Computershare Trust
Company, National Association, as certificate administrator (the “Certificate
Administrator”), and Pentalpha Surveillance LLC, as operating advisor and as asset representations reviewer, on behalf
of the [General][NCB] Special Servicer, certify to [Name of Certifying Person(s) for Sarbanes-Oxley Certification], the Depositor and
each Other Depositor with respect to a securitization of a Serviced Companion Loan and their respective officers, directors and affiliates,
and with the knowledge and intent that the applicable Certification Parties will rely upon this certification, that:

1.                 
Based on my knowledge, with respect to the period ending [December 31, 20__] (the “Relevant
Period”), all servicing information and all required reports (the “Special
Servicer Reports”) required to be submitted by the [General][NCB] Special Servicer pursuant to the Pooling and Servicing
Agreement for inclusion in the annual report on Form 10-K for the Relevant Period and inclusion in all reports on Form 10-D
or Form 8-K have been submitted by the [General][NCB] Special Servicer to the General Master Servicer, the NCB Master Servicer,
the Depositor, the Trustee or the Certificate Administrator, as applicable, for inclusion in these reports;

2.                 
Based on my knowledge, the special servicing information contained in the Special Servicer Reports, taken as a whole, does not
contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not misleading with respect to the period covered by these reports;

3.                 
I am, or a Servicing Officer under my supervision is, responsible for reviewing the activities performed by the [General][NCB]
Special Servicer under the Pooling and Servicing Agreement and based upon my knowledge and the annual compliance reviews conducted in
preparing the servicer compliance statements required to be delivered under Article XI of the Pooling and Servicing Agreement for
inclusion in the Form 10-K under Item 1123 of Regulation AB with respect to the [General][NCB] Special Servicer, and except
as disclosed in the compliance certificate delivered by the [General][NCB] Special

    	 	Exhibit Y-3-1	 

     

    

Servicer under Section 11.09 of
the Pooling and Servicing Agreement, the [General][NCB] Special Servicer has fulfilled its obligations under the Pooling and Servicing
Agreement in all material respects during the Relevant Period;

4.                 
The accountants that are to deliver the annual attestation report on assessment of compliance with the Relevant Servicing Criteria
in respect of the [General][NCB] Special Servicer with respect to the Trust’s fiscal year _____ have been provided all information
relating to the [General][NCB] Special Servicer assessment of compliance with the Relevant Servicing Criteria, in order to enable them
to conduct a review in compliance with the standards for attestation engagements issued or adopted by the PCAOB; and

5.                 
The report on assessment of compliance with servicing criteria applicable to the [General][NCB] Special Servicer for asset-backed
securities with respect to the [General][NCB] Special Servicer or any Servicing Function Participant retained by the [General][NCB] Special
Servicer and related attestation report on assessment of compliance with servicing criteria applicable to it required to be included in
the annual report on Form 10-K for the Relevant Period in accordance with Item 1122 of Regulation AB and Exchange Act Rules 13a-18
and 15d-18 has been provided to the Depositor and to the Certificate Administrator for inclusion as an exhibit to such Form 10-K.
Any material instances of noncompliance described in such reports have been provided to the Certificate Administrator and the Depositor
for disclosure in such annual report on Form 10-K.

Capitalized terms used but
not defined herein have the meanings set forth in the Pooling and Servicing Agreement.

Date:

		[General][NCB] Special Servicer
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

    	 	Exhibit Y-3-2	 

     

    

Exhibit
Y-4

Form
of Certification to be Provided

to Depositor by Trustee

 

BANK 2022-BNK41 (The “Trust”)

The undersigned, __________,
a __________ of WILMINGTON TRUST, NATIONAL ASSOCIATION, on behalf of WILMINGTON TRUST, NATIONAL ASSOCIATION, as Trustee (the “Trustee”),
under that certain Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”),
entered into by Morgan Stanley Capital I Inc., as depositor (the “Depositor”), Wells Fargo Bank, National Association,
as general master servicer (the “General Master Servicer”), Rialto Capital Advisors, LLC, as general special servicer
(the “General Special Servicer”), National Cooperative Bank, N.A., as NCB master servicer (in such capacity, the “NCB
Master Servicer”) and NCB special servicer (in such capacity, the “NCB Special Servicer”), the Trustee, Computershare
Trust Company, National Association, as certificate administrator (the “Certificate Administrator”), and Pentalpha
Surveillance LLC, as operating advisor and as asset representations reviewer, certifies to [______], the Depositor and each Other Depositor
with respect to a securitization of a Serviced Companion Loan and their respective officers, directors and affiliates, to the extent that
the following information is within our normal area of responsibilities and duties under the Pooling and Servicing Agreement, and with
the knowledge and intent that the applicable Certification Parties will rely upon this certification, that:

The report on assessment of compliance
with servicing criteria applicable to the Trustee for asset-backed securities with respect to the Trustee or any Servicing Function Participant
retained by the Trustee and related attestation report on assessment of compliance with servicing criteria applicable to it required to
be included in the annual report on Form 10-K for the Relevant Period in accordance with Item 1122 of Regulation AB and
Exchange Act Rules 13a-18 and 15d-18 has been provided to the Depositor and to the Certificate Administrator for inclusion as an exhibit
to such Form 10-K. Any material instances of noncompliance described in such reports have been provided to the Certificate Administrator
and the Depositor for disclosure in such annual report on Form 10-K.

Capitalized terms used but
not defined herein have the meanings set forth in the Pooling and Servicing Agreement.

Date:

		WILMINGTON TRUST, NATIONAL
	 	ASSOCIATION
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

    	 	Exhibit Y-4-1	 

     

    

Exhibit
Y-5

FORM OF CERTIFICATION TO BE PROVIDED

TO DEPOSITOR BY OPERATING ADVISOR

 

BANK 2022-BNK41 (the “Trust”)

I, [identify the certifying
individual], a [_______________] of PENTALPHA SURVEILLANCE LLC (the “Operating Advisor”) as Operating Advisor under
that certain Pooling and Servicing Agreement dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), entered
into by Morgan Stanley Capital I Inc., as depositor (the “Depositor”), Wells Fargo Bank, National Association, as general
master servicer (the “General Master Servicer”), Rialto Capital Advisors, LLC, as general special servicer (the “General
Special Servicer”), National Cooperative Bank, N.A., as NCB master servicer (in such capacity, the “NCB Master Servicer”)
and NCB special servicer (in such capacity, the “NCB Special Servicer”), Wilmington Trust, National Association, as
trustee, Computershare Trust Company, National Association, as certificate administrator (the “Certificate Administrator”)
and Pentalpha Surveillance LLC, as Operating Advisor and as asset representations reviewer, on behalf of the Operating Advisor, certify
to [Name of Certifying Person(s) for Sarbanes-Oxley Certification], the Depositor and each Other Depositor with respect to a securitization
of a Serviced Companion Loan and their respective officers, directors and affiliates, and with the knowledge and intent that the applicable
Certification Parties will rely upon this certification, that:

		1.	Based on my knowledge, with respect to the period ending [December 31, 20__] (the “Relevant
Period”), all information required to be submitted by the Operating Advisor to the General Master Servicer, the NCB Master Servicer,
the Depositor, Trustee or Certificate Administrator, as applicable, pursuant to the Pooling and Servicing Agreement for inclusion in the
annual report on Form 10-K for the Relevant Period and inclusion in all reports on Form 10-D or Form 8-K (the “Reports”)
(such information provided by the Operating Advisor, collectively, the “Operating Advisor Periodic Information”) have
been submitted by the Operating Advisor to the General Master Servicer, the NCB Master Servicer, the Depositor, the Trustee or the Certificate
Administrator, as applicable, for inclusion in these reports;

		2.	Based on my knowledge, the Operating Advisor Periodic Information contained in the Reports, taken as a
whole, does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made,
in light of the circumstances under which such statements were made, not misleading with respect to the period covered by these reports;

 

    	 	Exhibit Y-5-1	 

     

    

		3.	The accountants that are to deliver the annual attestation report on assessment of compliance with the
Relevant Servicing Criteria in respect of the Operating Advisor with respect to the Trust’s fiscal year ________ have been provided
all information relating to the Operating Advisor’s assessment of compliance with the Relevant Servicing Criteria, in order to enable
them to conduct a review in compliance with the standards for attestation engagements issued or adopted by the PCAOB; and

		4.	The report on assessment of compliance with servicing criteria applicable to the Operating Advisor for
asset-backed securities with respect to the Operating Advisor or any Servicing Function Participant retained by the Operating Advisor
and related attestation report on assessment of compliance with servicing criteria applicable to it required to be included in the annual
report on Form 10-K for the Relevant Period in accordance with Item 1122 of Regulation AB and Exchange Act Rules 13a-18
and 15d-18 has been provided to the Depositor and to the Certificate Administrator for inclusion as an exhibit to such Form 10-K.
Any material instances of noncompliance described in such reports have been provided to the Certificate Administrator and the Depositor
for disclosure in such annual report on Form 10-K.

Capitalized terms used but
not defined herein have the meanings set forth in the Pooling and Servicing Agreement.

Date:

		PENTALPHA SURVEILLANCE LLC
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

    	 	Exhibit Y-5-2	 

     

    

Exhibit
Y-6

Form
of Certification to be Provided

to Depositor by CUSTODIAN

BANK 2022-BNK41 (The “Trust”)

The undersigned, __________,
a __________ of COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION, on behalf of COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION, as
Custodian (the “Custodian”), under that certain Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling
and Servicing Agreement”), entered into by Morgan Stanley Capital I Inc., as depositor (the “Depositor”),
Wells Fargo Bank, National Association, as general master servicer (the “General Master Servicer”), Rialto Capital
Advisors, LLC, as general special servicer (the “General Special Servicer”), National Cooperative Bank, N.A., as NCB
master servicer (in such capacity, the “NCB Master Servicer”) and NCB special servicer (in such capacity, the “NCB
Special Servicer”), Wilmington Trust, National Association, as trustee, Computershare Trust Company, National Association, as
certificate administrator (the “Certificate Administrator”), and Pentalpha Surveillance LLC, as operating advisor and
as asset representations reviewer, certifies to [______], the Depositor and each Other Depositor with respect to a securitization of a
Serviced Companion Loan and their respective officers, directors and affiliates, to the extent that the following information is within
our normal area of responsibilities and duties under the Pooling and Servicing Agreement, and with the knowledge and intent that the applicable
Certification Parties will rely upon this certification, that:

The report on assessment of compliance
with servicing criteria applicable to the Custodian for asset-backed securities with respect to the Custodian or any Servicing Function
Participant retained by the Custodian and related attestation report on assessment of compliance with servicing criteria applicable to
it required to be included in the annual report on Form 10-K for the Relevant Period in accordance with Item 1122 of Regulation
AB and Exchange Act Rules 13a-18 and 15d-18 has been provided to the Depositor and to the Certificate Administrator for inclusion as an
exhibit to such Form 10-K. Any material instances of noncompliance described in such reports have been provided to the Certificate
Administrator and the Depositor for disclosure in such annual report on Form 10-K.

Capitalized terms used but
not defined herein have the meanings set forth in the Pooling and Servicing Agreement.

Date:

		COMPUTERSHARE TRUST COMPANY,
	 	NATIONAL ASSOCIATION
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

    	 	Exhibit Y-6-1	 

     

    

Exhibit
Y-7

FORM OF CERTIFICATION TO BE PROVIDED

TO DEPOSITOR BY ASSET REPRESENTATIONS REVIEWER

BANK 2022-BNK41 (the “Trust”)

I, [identify the certifying
individual], a [_______________] of PENTALPHA SURVEILLANCE LLC (the “Asset Representations
Reviewer”) as Asset Representations Reviewer under that certain Pooling and Servicing Agreement dated as of May 1, 2022 (the
“Pooling and Servicing Agreement”), entered into by Morgan Stanley Capital I Inc., as depositor (the “Depositor”),
Wells Fargo Bank, National Association, as general master servicer (the “General Master Servicer”), Rialto Capital
Advisors, LLC, as general special servicer (the “General Special Servicer”), National Cooperative Bank, N.A., as NCB
master servicer (in such capacity, the “NCB Master Servicer”) and NCB special servicer (in such capacity, the “NCB
Special Servicer”), Wilmington Trust, National Association, as trustee, and Computershare Trust Company, National Association,
as certificate administrator (the “Certificate Administrator”) and Pentalpha Surveillance LLC, as operating advisor
and as Asset Representations Reviewer, on behalf of the Asset Representations Reviewer, certify to [Name of Certifying Person(s) for Sarbanes-Oxley
Certification], the Depositor and each Other Depositor with respect to a securitization of a Serviced Companion Loan and their respective
officers, directors and affiliates, and with the knowledge and intent that the applicable Certification Parties will rely upon this certification,
that:

		1.	Based on my knowledge, with respect to the period ending [December 31, 20__] (the “Relevant
Period”), all information required to be submitted by the Asset Representations Reviewer to the General Master Servicer, the
NCB Master Servicer, the Depositor, Trustee or Certificate Administrator, as applicable, pursuant to the Pooling and Servicing Agreement
for inclusion in the annual report on Form 10-K for the Relevant Period and inclusion in all reports on Form 10-D or Form 8-K
(the “Reports”) (such information provided by the Asset Representations Reviewer, collectively, the “Asset
Representations Reviewer Periodic Information”) have been submitted by the Asset Representations Reviewer to the General Master
Servicer, the NCB Master Servicer, the Depositor, the Trustee or the Certificate Administrator, as applicable, for inclusion in these
reports; and

		2.	Based on my knowledge, the Asset Representations Reviewer Periodic Information contained in the Reports,
taken as a whole, does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements
made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by these
reports.

    	 	Exhibit Y-7-1	 

     

    

Capitalized terms used but
not defined herein have the meanings set forth in the Pooling and Servicing Agreement.

Date:

		PENTALPHA SURVEILLANCE LLC
	 	 	 
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

    	 	Exhibit Y-7-2	 

     

    

EXHIBIT Z

Servicing
Criteria

to be Addressed in Assessment of Compliance

The assessment of compliance
to be delivered by the referenced party shall address, at a minimum, the criteria identified below as “Applicable Servicing Criteria”
applicable to such party, as such criteria may be updated or limited by the Commission or its staff (including, without limitation, not
requiring the delivery of certain of the items set forth on this Exhibit based on interpretive guidance provided by the Commission or
its staff relating to Item 1122 of Regulation AB). In addition, this Exhibit Z shall not be construed to impose on any Person any
servicing duty that is not otherwise imposed on such Person under the main body of the Pooling and Servicing Agreement of which this Exhibit
Z forms a part or to require an assessment of a criterion that is not encompassed by the servicing duties of the applicable party
that are set forth in the main body of such Pooling and Servicing Agreement. For the avoidance of doubt, for purposes of this Exhibit
Z, other than with respect to Item 1122(d)(2)(iii), references to Servicer below shall include any Sub-Servicer engaged by the Master
Servicer or the Special Servicer.

 

	 	Applicable Servicing Criteria 	applicable 

party(ies)
	Reference	Criteria	 
	 	General Servicing Considerations	 
	1122(d)(1)(i)	Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements.	
    Certificate Administrator

    General Master Servicer

    NCB Master Servicer

    General Special Servicer

    NCB Special Servicer

     

	1122(d)(1)(ii)	If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities.	
    Certificate Administrator

    General Master Servicer

    NCB Master Servicer

    General Special Servicer

    NCB Special Servicer

     

	1122(d)(1)(iii)	Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained.	N/A
	1122(d)(1)(iv)	A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements.	
    General Master Servicer

    NCB Master Servicer

    General Special Servicer

    NCB Special Servicer

    Custodian (as applicable)

	1122(d)(1)(v)	Aggregation of information, as applicable, is mathematically accurate and the information conveyed accurately reflects the information.	
    Certificate Administrator

    General Master Servicer

    NCB Master Servicer

    General Special Servicer

    NCB Special Servicer

	 	Cash Collection and Administration	 
	1122(d)(2)(i)	Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements.	
    Certificate Administrator

    General Master Servicer

    NCB Master Servicer

    General Special Servicer

    NCB Special Servicer

	1122(d)(2)(ii)	Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel.	Certificate Administrator

    	 	
 Exhibit Z-1	 

     

    

 

	1122(d)(2)(iii)	Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements.	
    Trustee (as applicable)1

    General Master Servicer

    NCB Master Servicer

    General Special Servicer

    NCB Special Servicer

	1122(d)(2)(iv)	The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements.	
    Certificate Administrator

    General Master Servicer

    NCB Master Servicer

    General Special Servicer

    NCB Special Servicer

	1122(d)(2)(v)	Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Exchange Act.	
    Certificate Administrator

    General Master Servicer

    NCB Master Servicer

    General Special Servicer

    NCB Special Servicer

	1122(d)(2)(vi)	Unissued checks are safeguarded so as to prevent unauthorized access.	
    Certificate Administrator

    General Master Servicer

    NCB Master Servicer

    General Special Servicer

    NCB Special Servicer

	1122(d)(2)(vii)	Reconciliations are prepared on a monthly basis for all asset-backed securities related bank accounts, including custodial accounts and related bank clearing accounts. These reconciliations (A) are mathematically accurate; (B) are prepared within 30 calendar days after the bank statement cutoff date, or such other number of days specified in the transaction agreements; (C) are reviewed and approved by someone other than the person who prepared the reconciliation; and (D) contain explanations for reconciling items. These reconciling items are resolved within 90 calendar days of their original identification, or such other number of days specified in the transaction agreements.	
    Certificate Administrator

    General Master Servicer

    NCB Master Servicer

    General Special Servicer

    NCB Special Servicer

	 	Investor Remittances and Reporting	 
	1122(d)(3)(i)	Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Reporting Servicer.	Certificate Administrator

Operating Advisor (with respect to A and B)
	1122(d)(3)(ii)	Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements.	Certificate Administrator
	1122(d)(3)(iii)	Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements.	Certificate Administrator
	1122(d)(3)(iv)	Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements.	Certificate Administrator
	 	Pool Asset Administration	 
	1122(d)(4)(i)	Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents.	
    Custodian

    General Master Servicer

    NCB Master Servicer

    General Special Servicer

    NCB Special Servicer

	1122(d)(4)(ii)	Mortgage loan and related documents are safeguarded as required by the transaction agreements	Custodian

 

1     Only to the
extent that the Trustee was required to make an Advance pursuant to the Pooling and Servicing Agreement during the applicable calendar
year.

    	 	Exhibit Z-1	 

     

    

 

	1122(d)(4)(iii)	Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements.	
    Certificate Administrator

    General Master Servicer

    NCB Master Servicer

    General Special Servicer

    NCB Special Servicer

	1122(d)(4)(iv)	Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents.	
    General Master Servicer

    NCB Master Servicer

     

	1122(d)(4)(v)	The Reporting Servicer’s records regarding the mortgage loans agree with the Reporting Servicer’s records with respect to an obligor’s unpaid principal balance.	
    General Master Servicer

    NCB Master Servicer

     

	1122(d)(4)(vi)	Changes with respect to the terms or status of an obligor’s mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents.	
    General Master Servicer

    NCB Master Servicer

    General Special Servicer

    NCB Special Servicer

	1122(d)(4)(vii)	Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements.	
    General Special Servicer

    NCB Special Servicer

    Operating Advisor

	1122(d)(4)(viii)	Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment).	
    General Master Servicer

    NCB Master Servicer

    General Special Servicer

    NCB Special Servicer

	1122(d)(4)(ix)	Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents.	
    General Master Servicer

    NCB Master Servicer

	1122(d)(4)(x)	Regarding any funds held in trust for an obligor (such as escrow accounts):  (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such other number of days specified in the transaction agreements.	
    General Master Servicer

    NCB Master Servicer

	1122(d)(4)(xi)	Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements.	
    General Master Servicer

    NCB Master Servicer

	1122(d)(4)(xii)	Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission.	
    General Master Servicer

    NCB Master Servicer

	1122(d)(4)(xiii)	Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements.	
    General Master Servicer

    NCB Master Servicer

	1122(d)(4)(xiv)	 Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements.	
    General Master Servicer

    NCB Master Servicer

	1122(d)(4)(xv)	Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements.	N/A

At all times that the Certificate
Administrator and the Trustee are the same entity, the Trustee and Certificate Administrator may provide a combined assessment of compliance
in respect of their combined responsibilities under Section 1122 of Regulation AB.

    	 	Exhibit Z-2	 

     

    

At all times that the General
Master Servicer and the General Special Servicer or the NCB Master Servicer and the NCB Special Servicer are the same entity, the General
Master Servicer and the General Special Servicer or the NCB Master Servicer and the NCB Special Servicer, as applicable, may provide a
combined assessment of compliance in respect of their combined responsibilities under Section 1122 of Regulation AB.

    	 	Exhibit Z-3	 

     

    

EXHIBIT AA

ADDITIONAL
FORM 10-D DISCLOSURE

 

The parties identified in the “Party Responsible”
column are obligated pursuant to Section 11.04 of the Pooling and Servicing Agreement to disclose to the Depositor and the Certificate
Administrator (or the applicable Master Servicer to the extent specified in Section 11.04 of the Pooling and Servicing Agreement) any
information described in the corresponding Form 10-D Item described in the “Item on Form 10-D” column to the extent such party
has actual knowledge (and in the case of net operating income information, financial statements, annual operating statements, budgets
and/or rent rolls required to be provided in connection with Item 6 below, possession) of such information (other than information as
to itself). Each of the Certificate Administrator, the Trustee, the General Master Servicer, the NCB Master Servicer, the General Special
Servicer and the NCB Special Servicer (in its capacity as such) shall be entitled to rely on the accuracy of the Prospectus (other than
information with respect to itself that is set forth in or omitted from the Prospectus), in the absence of specific written notice to
the contrary from the Depositor or a Mortgage Loan Seller. Each of the Certificate Administrator, the Trustee, the General Master Servicer,
the NCB Master Servicer, the General Special Servicer and the NCB Special Servicer (in its capacity as such) shall be entitled to conclusively
assume that there is no “significant obligor” other than a party or property identified as such in the Prospectus and to assume
that no other party or property will constitute a “significant obligor” after the Cut-off Date. In no event shall the General
Master Servicer, the NCB Master Servicer, the General Special Servicer or the NCB Special Servicer be required to provide any information
for inclusion in a Form 10-D that relates to any Mortgage Loan for which such Master Servicer or such Special Servicer is not the applicable
Master Servicer or Special Servicer, as the case may be. For this Series 2022-BNK41 Pooling and Servicing Agreement, each of the Certificate
Administrator, the Trustee, the General Master Servicer, the NCB Master Servicer, the General Special Servicer and the NCB Special Servicer
(in its capacity as such) shall be entitled to assume that there is no provider of credit enhancement, liquidity or derivative instruments
within the meaning of Items 1114 or 1115 of Regulation AB.

 

	Item
    on Form 10-D	Party
    Responsible
	Item
                                            1A: Distribution and Pool Performance Information:

     

    ●    Item
    1111(h) of Regulation AB 

    ●    Item
    1125 of Regulation AB

    ●    Item
    1121(a)(13) of Regulation AB

     
	●    Each
                                            Master Servicer

     

    ●    Certificate
    Administrator

	Item
                                            1B: Distribution and Pool Performance Information:

     

    ●    Item
    1121(a)(14) of Regulation AB

    ●    Item
    1121(d) of Regulation AB

    ●    Item
    1121(e) of Regulation AB

     
	●    Certificate
                                            Administrator

     

    ●    Depositor

     

    ●    Asset
    Representations Reviewer

    	 	Exhibit AA-1	 

     

    

 

	 	 
	Item
                                            2: Legal Proceedings:

     

    ●     Item
    1117 of Regulation AB (it being acknowledged that such Item 1117 requires disclosure only of proceedings described therein that
    are material to security holders)
	●    Each
                                            Master Servicer (as to itself)

     

    ●    Each
    Special Servicer (as to itself)

     

    ●    Certificate
    Administrator (as to itself)

     

    ●    Trustee
    (as to itself)

     

    ●    Depositor
    (as to itself)

     

    ●    Operating
    Advisor (as to itself)

     

    ●    Any
    other Reporting Servicer (as to itself)

     

    ●    Trustee/Certificate
    Administrator/each Master Servicer/Depositor/each Special Servicer as to the Trust (whichever of them is in principal control of
    the proceedings)

     

    ●    Each
    Mortgage Loan Seller as sponsor (as defined in Regulation AB)

     

    ●    Originators
    under Item 1110 of Regulation AB

     

    ●    Party
    under Item 1100(d)(1) of Regulation AB

	Item
    3:  Sale of Securities and Use of Proceeds	●    Depositor
	Item
    4:  Defaults Upon Senior Securities	●    Certificate
    Administrator
	Item
    5:  Submission of Matters to a Vote of Security Holders	●    Certificate
    Administrator
	Item
                                            6: Significant Obligors of Pool Assets:

     

    ●    Item
    1112(b) of Regulation AB provided, however, that all of the following conditions shall apply:

     

    (a)
    information shall be required to be reported only with respect to a party or 
	●    Each
                                            Master Servicer (excluding information for which the Special Servicer is the “Party
                                            Responsible”)

     

    ●    Each
    Special Servicer (as to Specially Serviced Loans and REO Properties)

 

    	 	Exhibit AA-2	 

     

    

 

	property
                                            (if any) identified as a “significant obligor” in the Prospectus;

     

    (b)
    the information to be reported shall consist of such quarterly and annual operating statements, budgets and rent rolls of the related
    Mortgaged Property or REO Property (as applicable), and quarterly and annual financial statements of the related Borrower (except
    in the case of an REO Property), received or prepared by the “Party Responsible” pursuant to its obligations under Section
    3.12(b) of this Pooling and Servicing Agreement; provided, however, that for a significant obligor under item 1101(k)(2)
    of Regulation AB, only net operating income for the most recent fiscal year and interim period is required and, if such information
    for a prior period was required but not previously reported, such information for such prior period; and

     

    (c)
    the information shall be reportable in the Form 10-D that relates to the Distribution Date that immediately follows the Collection
    Period in which the information was received or prepared by the “Party Responsible” as described in clause (b) above.

     
	

	Item
                                            7: Change in Sponsor Interest in the Securities:

     

    ●    Item
    1124 of Regulation AB.

     
	●   Each
    Mortgage Loan Seller (as to itself in its capacity as a sponsor as defined in Regulation AB)
	Item
                                            8: Significant Enhancement Provider Information:

     

    ●    Item
    1114(b)(2) and Item 1115(b) of Regulation AB

     
	●    Depositor
	Item
    9:  Other Information, but only to the extent of any information that meets all the following conditions:  (a)
    such information constitutes “Additional Form 8-K Disclosure” pursuant to Exhibit CC, (b) such information is
    required to be reported as 	●    Certificate
                                            Administrator, Trustee, each Master Servicer and/or each Special Servicer, in each case
                                            to the extent that such party is the “Party Responsible” with respect to such
                                            information pursuant to Exhibit CC.

 

 

    	 	Exhibit AA-3	 

     

    

 

	“Additional
    Form 8-K Disclosure” during the period to which the Form 10-D relates, and (c) such information was not previously reported
    as “Additional Form 8-K Disclosure”.	

    ●     Certificate
    Administrator (including the balances of the Distribution Account, the Interest Reserve Account and the Gain-on-Sale Reserve Account
    as of the related Distribution Date and the preceding Distribution Date)

    ●     Each
    Master Servicer (with respect to the balance of its Collection Account as of the related Distribution Date and the preceding Distribution
    Date)

    ●     Each
    Special Servicer (with respect to the balance of each applicable REO Account as of the related Distribution Date and the preceding
    Distribution Date)

    ●     Any
    other party responsible for disclosure items on Form 8-K (including each applicable Seller with respect to Item 1100(e) of Regulation
    AB to the extent material to Certificateholders)

	Item
                                            10: Exhibits (no. 3):

     

    Articles
    of incorporation and by-laws (Exhibit No. 3(i) and 3(ii) of Item 601 of Regulation S-K)
	●    Depositor
	Item
                                            10: Exhibits (no. 4):

     

    With
    respect to instruments defining the rights of security holders (Exhibit No. 4 of Item 601 of Regulation S-K)
	●    Certificate
                                            Administrator

    ●    Depositor

     

    provided
    that, in each case, that this shall in no event be construed to make such party responsible for the initial filing of this Pooling
    and Servicing Agreement

    provided,
    further, in each case, that in the event any reportable agreement is executed by the Depositor and the Trustee or Certificate
    Administrator, then the Depositor shall be the responsible party.

	Item
                                            10: Exhibits (no. 10):

     

    Material
    contracts (Exhibit No. 10 of Item 601 of Regulation S-K)
	●    Certificate
    Administrator, Trustee, each Master Servicer and/or each Special Servicer, in each case to the extent of any contract that satisfies
    all the following conditions:  (a) such contract relates to the Trust or one or more Mortgage Loans or REO Mortgage
    Loans, and (b) such contract is a contract to which such party (or a subcontractor or vendor engaged by such party) is a party or
    that such party (or a

 

    	 	Exhibit AA-4	 

     

    

 

	
	subcontractor
    or vendor engaged by such party) has caused to have been executed on behalf of the Trust.
	Item
                                            10: Exhibits (no. 22):

     

    Published
    Report Regarding Matters Submitted to a Vote of Security Holders (Exhibit No. 22 of Item 601 of Regulation S-K), but only if the
    party that is the “Party Responsible” with respect to Item 5 above elects to publish a report containing the information
    required by such Item 5 above and also elects to report the information on Form 10-D by means of filing the published report and
    answering Item 5 by referencing the published report.
	●    The
    applicable party that is the “Party Responsible” with respect to Item 5 as set forth above.
	Item
                                            10: Exhibits (no. 23):

     

    Consents
    of Experts and Counsel (Exhibit No. 23(ii) of Item 601 of Regulation S-K), where the filing of a written consent is required with
    respect to material (in the Form 10-D) that is incorporated by reference in the Depositor’s registration statement.
	●    Depositor
	Item
                                            10: Exhibits (no. 24)

     

    Power
    of Attorney (Exhibit No. 24 of Item 601 of Regulation S-K), but only if the name of any party signing the Form 10-D, or the name
    of any officer signing the Form 10-D on behalf of a party, is signed pursuant to a power of attorney.
	●    Certificate
    Administrator 
	Item
                                            10: Exhibits (no. 99)

     

    Additional
    exhibits (Exhibit No. 99 of Item 601 of Regulation S-K)
	●    Not
    Applicable.
	Item
                                            10: Exhibits (no. 100)

     

    XBRL-Related
    Documents (Exhibit No. 100 of Item 601 of Regulation S-K).
	●    Not
    Applicable.
	Item
    10:  Exhibits (By Operation of Item 8 Above), but only to the extent of any document that meets all the following conditions:  (a)
    such document constitutes “Additional Form 8-K Disclosure” pursuant to Item 9.01(d) of Exhibit CC, (b) such	●    Certificate
    Administrator, Depositor and Trustee, in each case only to the extent that such party is the “Party Responsible” for
    the exhibit pursuant to Item 9(d) of Exhibit CC (it being acknowledged that no Master Servicer or Special Servicer constitutes
    a

 

    	 	Exhibit AA-5	 

     

    

 

	document
is required to be reported as “Additional Form 8-K Disclosure” during the period to which the Form 10-D relates, and (c)
such document was not previously reported as “Additional Form 8-K Disclosure”.	“Party
    Responsible” under Exhibit CC with respect to any exhibits to a Form 10-K); provided that, in each case,
    that in the event any reportable agreement is executed by the Depositor and the Trustee or Certificate Administrator, then the
    Depositor shall be the responsible party for this Item 10.

 

    	 	Exhibit AA-6	 

     

    

EXHIBIT BB

ADDITIONAL
FORM 10-K DISCLOSURE

 

The parties identified in the “Party Responsible”
column are obligated pursuant to Section 11.05 of the Pooling and Servicing Agreement to disclose to the Depositor and the Certificate
Administrator any information described in the corresponding Form 10-K Item described in the “Item on Form 10-K” column to
the extent such party has actual knowledge (and in the case of net operating income information, financial statements, annual operating
statements, budgets and/or rent rolls required to be provided in connection with 1112(b) below, possession) of such information (other
than information as to itself). Each of the Certificate Administrator, the Trustee, the General Master Servicer, the NCB Master Servicer,
the General Special Servicer and the NCB Special Servicer (in its capacity as such) shall be entitled to rely on the accuracy of the Prospectus
(other than information with respect to itself that is set forth in or omitted from the Prospectus), in the absence of specific written
notice to the contrary from the Depositor or a Mortgage Loan Seller. Each of the Certificate Administrator, the Trustee, the General Master
Servicer, the NCB Master Servicer, the General Special Servicer and the NCB Special Servicer (in its capacity as such) shall be entitled
to conclusively assume that there is no “significant obligor” other than a party or property identified as such in the Prospectus
and to assume that no other party or property will constitute a “significant obligor” after the Cut-off Date. In no event
shall the General Master Servicer, the NCB Master Servicer, the General Special Servicer or the NCB Special Servicer be required to provide
any information for inclusion in a Form 10-K that relates to any Mortgage Loan for which such Master Servicer or such Special Servicer
is not the applicable Master Servicer or Special Servicer, as the case may be. For this Series 2022-BNK41 Pooling and Servicing Agreement,
each of the Certificate Administrator, the Trustee, the General Master Servicer, the NCB Master Servicer, the General Special Servicer
and the NCB Special Servicer (in its capacity as such) shall be entitled to assume that there is no provider of credit enhancement, liquidity
or derivative instruments within the meaning of Items 1114 or 1115 of Regulation AB.

 

	Item
    on Form 10-K	Party
    Responsible
	Item
                                            1B: Unresolved Staff Comments

     

     
	●   Depositor

 

    	 	Exhibit BB-1	 

     

    

 

	Item
                                            9B: Other Information, but only to the extent of any information that meets all the following
                                            conditions:

     

    (a)
    such information constitutes “Additional Form 8-K Disclosure” pursuant to Exhibit CC,

     

    (b)
    such information is required to be reported as “Additional Form 8-K Disclosure” during the period to which the Form 10-K
    relates, and

     

    (c)
    such information was not previously reported as “Additional Form 8-K Disclosure” or as “Additional Form 10-D Disclosure”
	●   Certificate
    Administrator, Trustee, each Master Servicer and/or each Special Servicer, in each case to the extent that such party is the “Party
    Responsible” with respect to such information pursuant to Exhibit CC.  
	Item
    15:  Exhibits, Financial Statement Schedules (SEE BELOW)	SEE
    BELOW
	Instruction
                                            J(2)(b) (Significant Obligors of Pool Assets) – Part 1 of 3 Parts:

     

    ●    Item
    1112(b) of Regulation AB, but only to the extent that (i) such information was required to have been set forth in the Prospectus,
    (ii) such information was not so set forth and (iii) the applicable Master Servicer has not previously reported such information
    as “Additional Form 10-D Information”.

     
	●    The
                                            applicable Mortgage Loan Seller.

     

	Instruction
                                            J(2)(b) (Significant Obligors of Pool Assets) – Part 2 of 3 Parts:

     

    ●    Item
    1112(b) of Regulation AB, but only to the extent that (i) such information was set forth in the Prospectus and (ii) the applicable
    Master Servicer has not previously reported such information or updated versions thereof as “Additional Form 10-D Information”.

     
	●    Depositor

 

    	 	Exhibit BB-2	 

     

    

 

	Instruction
                                            J(2)(b) (Significant Obligors of Pool Assets) – Part 3 of 3 Parts:

     

    ●    Item
    1112(b) of Regulation AB; provided, however, that all of the following conditions shall apply:

     

    (a)
    information shall be required to be reported only with respect to a party or property (if any) identified as a “significant
    obligor” in the Prospectus;

     

    (b)
    the information to be reported shall consist of such quarterly and annual operating statements, budgets and rent rolls of the related
    Mortgaged Property or REO Property (as applicable), and quarterly and annual financial statements of the related Borrower (except
    in the case of an REO Property), received or prepared by the “Party Responsible” pursuant to its obligations under Section
    3.12(b) of this Pooling and Servicing Agreement; provided, however, that for a significant obligor described under
    item 1101(k)(2) of Regulation AB, only net operating income for the most recent fiscal year and interim period is required and, if
    such information for a prior period was required but not previously reported, such information for such prior
    period; and

     

    (c)
    the information shall be reportable only to the extent that is has not previously been reported as “Additional Form 10-D Information”.

     
	●     Each
                                            Master Servicer (excluding information for which the Special Servicer is the “Party
                                            Responsible”)

     

    ●     Each
    Special Servicer (as to Specially Serviced Loans and REO Properties)

	Instruction
                                            J(2)(c) (Significant Enhancement Provider Information):

     

    ●    Items
    1114(b)(2) and 1115(b) of Regulation AB

     
	●     Depositor

 

    	 	Exhibit BB-3	 

     

    

 

	Instruction
                                            J(2)(d) (Legal Proceedings):

     

    ●    Item
    1117 of Regulation AB (it being acknowledged that such Item 1117 requires disclosure only of proceedings described therein that
    are material to security holders)
	●     Each
                                            Master Servicer (as to itself)

     

    ●     Each
    Special Servicer (as to itself)

     

    ●     Certificate
    Administrator (as to itself)

     

    ●     Trustee
    (as to itself)

     

    ●     Depositor
    (as to itself)

     

    ●     Trustee/Certificate
    Administrator/each Master Servicer/Depositor/each Special Servicer as to the Trust (whichever of them is in principal control of
    the proceedings)

     

    ●     Each
    Mortgage Loan Seller as sponsor (as defined in Regulation AB)

     

    ●     Originators
    under Item 1110 of Regulation AB

     

    ●     Party
    under Item 1100(d)(1) of Regulation AB

	Instruction
                                            J(2)(e) (Affiliations and Certain Relationships and Related Transactions) – Part 1
                                            of 2 Parts:

     

    1119(a)
    of Regulation AB,

     

    but
    only the existence and (if existent) how there is (that is, the nature of) any affiliation between itself (that is, the particular
    “Party Responsible”), on the one hand, and any one or more of the following, on the other: (1) the Depositor, (2) any
    Mortgage Loan Seller, (3) the Trust and (4) any other party listed under this item as a “Party Responsible”; provided,
    however, that an affiliation need not be disclosed for purposes of the applicable Form 10-K if it was disclosed in the Prospectus
    or if it was previously reported as “Additional Form 10-K Disclosure”.

     

    and

     

    ●    1119(b)
    of Regulation AB,

     
	●     Each
                                            Master Servicer (as to itself) (only as to affiliations under Item 1119(a) with the Trustee,
                                            Certificate Administrator, each Special Servicer or a sub-servicer retained by it meeting
                                            any of the descriptions in Item 1108(a)(3)).

    ●     Each
    Special Servicer

    ●     Certificate
    Administrator

    ●     Trustee

    ●     Each
    party (other than a Mortgage Loan Seller), if any, that is identified in the Prospectus as an “originator” of one or
    more Mortgage Loans, if the Prospectus specifically states that the applicable Mortgage Loans were 10% or more of the assets of the
    Trust at the date of the Prospectus (provided that such a party shall no longer constitute a “Party Responsible” under
    this item from and after the date (if any) when the Depositor notifies the parties to the Pooling and Servicing Agreement to the
    effect that such party no longer

 

    	 	Exhibit BB-4	 

     

    

 

	

     

    but
    only the existence and (if existent) the general character of any business relationship, agreement, arrangement, transaction or understanding
    that is entered into outside the ordinary course of business or is on terms other than would be obtained in an arm’s length
    transaction with an unrelated third party (apart from the Series 2022-BNK41 transaction) between itself (that is, the particular
    “Party Responsible”) or any of its affiliates, on the one hand, and any one or more of the following, on the other: (1)
    the Depositor, (2) any Mortgage Loan Seller, and (3) the Trust; provided, however, that a relationship, agreement,
    arrangement, transaction or understanding (A) must be reported only if it then exists or existed within the two prior years, (B)
    need not be reported if it is not material to an investor’s understanding of the Certificates and (C) need not be disclosed
    for purposes of the applicable Form 10-K if it was disclosed in the Prospectus or if it was previously reported as “Additional
    Form 10-K Disclosure”.

     

    and

     

    ●    1119(c)
    of Regulation AB,

     

    but
    only the existence and (if existent) a description (including the terms and approximate dollar amount) of any specific relationship
    involving or related to the Series 2022-BNK41 transaction or the Mortgage Loans between itself (that is, the particular “Party
    Responsible”) or any of its affiliates, on the one hand, and any one or more of the following, on the other: (1) the Depositor,
    (2) any Mortgage Loan Seller, and (3) the Trust; provided, however, that a relationship (A) must be reported only if
    it then exists or existed within the two prior years, (B) need not be reported if it is not material to an investor’s understanding
    of the Certificates and (C) need not be disclosed for purposes of the applicable

     
	       constitutes
                                            an originator of 10% or more of the assets of the Trust).

    ●     Each
    party (other than a Mortgage Loan Seller), if any, that is specifically identified as an “originator of 10% or more of the
    assets of the Trust for purposes of Regulation AB and the upcoming Form 10-K” in a written notice delivered to the parties
    to this Pooling and Servicing Agreement, which notice is delivered not later than February 15 of the year in which the Form 10-K
    is due.

    ●     Each
    party (if any) that is identified in the Prospectus as an “other material party to the securities or transaction” (or
    substantially similar phrasing); provided, however, that such a party shall no longer constitute a “Party Responsible”
    under this item from and after the date (if any) when the Depositor notifies the parties to the Pooling and Servicing Agreement to
    the effect that such party no longer constitutes a material party for purposes of Regulation AB.

    ●     Each
    party (if any) that that is specifically identified as an “other material party to the securities or transaction for purposes
    of Regulation AB and the upcoming Form 10-K” (or substantially similar phrasing) in a written notice delivered by the Depositor
    to the parties to this Pooling and Servicing Agreement, which notice is delivered not later than February 15 of the year in which
    the Form 10-K is due.

 

    	 	Exhibit BB-5	 

     

    

 

	Form
    10-K if it was disclosed in the Prospectus or if it was previously reported as “Additional Form 10-K Disclosure”.	 
	Instruction
                                            J(2)(e) (Affiliations and Certain Relationships and Related Transactions) – Part 2
                                            of 2 Parts:

     

    1119(a)
    of Regulation AB,

     

    But
    only the existence and (if existent) how there is any affiliation between itself (that is, the particular “Party Responsible”),
    on the one hand, and any one or more of the parties listed under the preceding item as a “Party Responsible”,
    on the other; provided, however, that an affiliation need not be disclosed for purposes of the applicable Form 10-K
    if it was disclosed in the Prospectus or if it was previously reported as “Additional Form 10-K Disclosure”.

     

    and

     

    ●    1119(b)
    of Regulation AB,

     

    but
    only the existence and (if existent) the general character of any business relationship, agreement, arrangement, transaction or understanding
    that is entered into outside the ordinary course of business or is on terms other than would be obtained in an arm’s length
    transaction with an unrelated third party (apart from the Series 2022-BNK41 transaction) between itself (that is, the particular
    “Party Responsible”), on the one hand, and any one or more of the parties listed under the preceding item as a
    “Party Responsible”, on the other; provided, however, that a relationship, agreement, arrangement, transaction
    or understanding (A) must be reported only if it then exists or existed within the two prior years, (B) need not be reported if it
    is not material to an investor’s understanding of the Certificates and (C) need not be disclosed for purposes of the applicable
    Form 10-K if it was 
	●    Depositor

    ●    Each
    Mortgage Loan Seller

 

 

    	 	Exhibit BB-6	 

     

    

 

	disclosed
                                            in the Prospectus or if it was previously reported as “Additional Form 10-K Disclosure”.

     

    and

     

    ●    1119(c)
    of Regulation AB,

     

    but
    only the existence and (if existent) a description (including the terms and approximate dollar amount) of any specific relationship
    involving or related to the Series 2022-BNK41 transaction or the Mortgage Loans between itself (that is, the particular “Party
    Responsible”) or any of its affiliates, on the one hand, and any one or more of the parties listed under the preceding item
    as a “Party Responsible”, on the other; provided, however, that a relationship (A) must be reported
    only if it then exists or existed within the two prior years, (B) need not be reported if it is not material to an investor’s
    understanding of the Certificates and (C) need not be disclosed for purposes of the applicable Form 10-K if it was disclosed in the
    Prospectus or if it was previously reported as “Additional Form 10-K Disclosure”.

     
	

	Item
                                            15: Exhibits (no. 2):

     

    Plan
    of acquisition, reorganization, arrangement, liquidation or succession (Exhibit No. 2 of Item 601 of Regulation S-K)
	●    Depositor
	Item
                                            15: Exhibits (no. 3):

     

    Articles
    of incorporation and by-laws (Exhibit No. 3(i) and 3(ii) of Item 601 of Regulation S-K)
	●    Depositor

 

    	 	Exhibit BB-7	 

     

    

 

	Item
                                            15: Exhibits (no. 4):

     

    With
    respect to instruments defining the rights of security holders (Exhibit No. 4 of Item 601 of Regulation S-K)
	●    Trustee

    ●    Certificate
    Administrator

    ●    Depositor

     

    provided
    that, in each case, that this shall in no event be construed to make such party responsible for the initial filing of this Pooling
    and Servicing Agreement

    provided,
    further, in each case, that in the event any reportable agreement is executed by the Depositor and the Trustee or Certificate
    Administrator, then the Depositor shall be the responsible party.

	Item
                                            15: Exhibits (no. 10):

     

    Material
    contracts (Exhibit No. 10 of Item 601 of Regulation S-K)
	●    Certificate
    Administrator, Trustee, each Master Servicer and/or each Special Servicer, in each case to the extent of any contract that satisfies
    all the following conditions:  (a) such contract relates to the Trust or one or more Mortgage Loans or REO Mortgage
    Loans, and (b) such contract is a contract to which such party (or a subcontractor or vendor engaged by such party) is a party or
    that such party (or a subcontractor or vendor engaged by such party) has caused to have been executed on behalf of the Trust.
	Item
                                            15: Exhibits (no. 11):

     

    Statement
    regarding computation of per share earnings (Exhibit No. 11 of Item 601 of Regulation S-K)
	●    Not
    Applicable
	Item
                                            15: Exhibits (no. 12):

     

    Statement
    regarding computation of ratios (Exhibit No. 12 of Item 601 of Regulation S-K)
	●    Not
    Applicable.
	Item
                                            15: Exhibits (no. 13):

     

    Annual
    report to security holders, Form 10-Q and Form 10-QSB, or quarterly report to security holders (Exhibit No. 13 of Item 601 of Regulation
    S-K)
	●    Not
    Applicable
	Item
                                            15: Exhibits (no. 14):

     

    Code
    of Ethics (Exhibit No. 14 of Item 601 of Regulation S-K)
	●    Not
    Applicable.

 

    	 	Exhibit BB-8	 

     

    

 

	Item
                                            15: Exhibits (no. 16):

     

    Letter
    re change in certifying accountant (Exhibit No. 16 of Item 601 of Regulation S-K)
	●    Not
    Applicable
	Item
                                            15: Exhibits (no. 18):

     

    Letter
    re change in accounting principles (Exhibit No. 18 of Item 601 of Regulation S-K)
	●    Not
    Applicable.
	Item
                                            15: Exhibits (no. 21):

     

    Subsidiaries
    of registrant (Exhibit No. 18 of Item 601 of Regulation S-K)
	●    Depositor.
	Item
                                            15: Exhibits (no. 22):

     

    Published
    Report Regarding Matters Submitted to a Vote of Security Holders (Exhibit No. 22 of Item 601 of Regulation S-K).
	●    Not
    Applicable.
	Item
                                            15: Exhibits (no. 23) – Part 1 of 2 Parts:

     

    Consents
    of Experts and Counsel (Exhibit No. 23(ii) of Item 601 of Regulation S-K), where (a) the filing of a written consent is required
    with respect to material (in the Form 10-D) that is incorporated by reference in the Depositor’s registration statement and
    (b) the consent is not the consent of a registered public accounting firm in connection with an attestation delivered pursuant to
    Section 11.13 of this Pooling and Servicing Agreement.
	●    Depositor
	Item
                                            15: Exhibits (no. 23) – Part 2 of 2 Parts:

     

    Consents
    of Experts and Counsel (Exhibit No. 23(ii) of Item 601 of Regulation S-K), but the required shall consist of a consent of the registered
    public accounting firm for purposes of any attestation report rendered with respect to the particular “Party Responsible”
    pursuant to Section 11.13 of this Pooling and Servicing Agreement.
	●    Each
                                            Master Servicer

    ●    Each
    Special Servicer

    ●    Depositor

    ●    Any
    other Servicing Function Participant

     

    provided,
    however, in each case, that such party shall have the duty to report or deliver, or cause the reporting or delivery, of such
    consent only to the extent that such party is required to deliver or cause the delivery of the related attestation report.

 

    	 	Exhibit BB-9	 

     

    

 

	Item
                                            15: Exhibits (no. 24)

     

    Power
    of Attorney (Exhibit No. 24 of Item 601 of Regulation S-K), but only if the name of any party signing the Form 10-D, or the name
    of any officer signing the Form 10-D on behalf of a party, is signed pursuant to a power of attorney.
	●    Certificate
    Administrator 
	Item
                                            15: Exhibits (no. 31(i))

     

    Rule
    13a-14(a)/15d-14(a) Certifications (Exhibit No. 31(i) of Item 601 of Regulation S-K).
	●    Not
    Applicable
	Item
                                            15: Exhibits (no. 31(ii))

     

    Rule
    13a-14(d)/15d-14(d) Certifications (Exhibit No. 31(ii) of Item 601 of Regulation S-K).
	●    Delivery
    of this exhibit (Sarbanes-Oxley certification and backup certifications) is governed by Section 11.08 (and Section 11.07) of this
    Pooling and Servicing Agreement.
	Item
                                            15: Exhibits (no. 32)

     

    Section
    1350 Certifications (Exhibit No. 32 of Item 601 of Regulation S-K).
	●    Not
    Applicable.
	Item
                                            15: Exhibits (no. 33)

     

    Report
    on assessment of compliance with servicing criteria for asset-backed securities (Exhibit No. 33 of Item 601 of Regulation S-K).
	●    Delivery
    of this exhibit (annual compliance assessment) is governed by Section 11.10 (and Section 11.07) of this Pooling and Servicing Agreement.
	Item
                                            15: Exhibits (no. 34)

     

    Attestation
    report on assessment of compliance with servicing criteria for asset-backed securities (Exhibit No. 34 of Item 601 of Regulation
    S-K).
	●    Delivery
    of this exhibit (annual accountants’ attestation report) is governed by Section 11.11 (and Section 11.07) of this Pooling and
    Servicing Agreement.
	Item
                                            15: Exhibits (no. 35)

     

    Servicer
    compliance statement (Exhibit No. 35 of Item 601 of Regulation S-K).
	●    Delivery
    of this exhibit (annual servicer compliance statements) is governed by Section 11.09 (and Section 11.07) of this Pooling and Servicing
    Agreement.
	Item
                                            15: Exhibit (no. 36)

     

    Certification
    For Shelf Offerings of Asset-Backed Securities (Exhibit No. 36 of Item 601 of Regulation S-K).
	●    Depositor

 

    	 	Exhibit BB-10	 

     

    

 

 

	Item
                                            15: Exhibits (no. 99)

     

    Additional
    exhibits (Exhibit No. 99 of Item 601 of Regulation S-K)
	●    Not
    Applicable.
	Item
                                            15: Exhibits (no. 100)

     

    XBRL-Related
    Documents (Exhibit No. 100 of Item 601 of Regulation S-K).
	●    Not
    Applicable.
	Item
    15:  Exhibits (By Operation of Item 9B Above), but only to the extent of any document that meets all the following
    conditions:  (a) such document constitutes “Additional Form 8-K Disclosure” pursuant to Item 9.01(d) of
    Exhibit CC, (b) such document is required to be reported as “Additional Form 8-K Disclosure” during the period
    to which the Form 10-K relates, and (c) such document was not previously reported as “Additional Form 8-K Disclosure”.	●    Certificate
    Administrator, Depositor and Trustee, in each case only to the extent that such party is the “Party Responsible” for
    the exhibit pursuant to Item 9(d) of Exhibit CC (it being acknowledged that no Master Servicer or Special Servicer constitutes
    a “Party Responsible” under Exhibit CC with respect to any exhibits to a Form 10-K).
	Item
    15:  Exhibit (no. 101)

    

    Interactive Data File (Exhibit No. 101 of Item 601 of Regulation S-K).	Not
    Applicable
	Item
    15:  Exhibit (no. 102)

    

    Asset Data File (Exhibit No. 102 of Item 601 of Regulation S-K).	[Certificate
                                            Administrator]

    [Depositor]

	Item
    15:  Exhibit (no. 103)

    

    Asset Related Document (Exhibit No, 103 of Item 601 of Regulation S-K).	[Certificate
                                            Administrator]

    [Depositor]

 

    	 	Exhibit BB-11	 

     

    

EXHIBIT CC

FORM
8-K DISCLOSURE INFORMATION

 

The parties identified in the “Party Responsible”
column are obligated pursuant to Section 11.07 of the Pooling and Servicing Agreement to report to the Depositor and the Certificate Administrator
the occurrence of any event described in the corresponding Form 8-K Item described in the “Item on Form 8-K” column to the
extent such party has actual knowledge of such information (other than information as to itself). Each of the Certificate Administrator,
the Trustee, the General Master Servicer, the NCB Master Servicer, the General Special Servicer and the NCB Special Servicer (in its capacity
as such) shall be entitled to rely on the accuracy of the Prospectus (other than information with respect to itself that is set forth
in or omitted from the Prospectus), in the absence of specific written notice to the contrary from the Depositor or a Mortgage Loan Seller.
Each of the Certificate Administrator, the Trustee, the General Master Servicer, the NCB Master Servicer, the General Special Servicer
and the NCB Special Servicer (in its capacity as such) shall be entitled to conclusively assume that there is no “significant obligor”
other than a party or property identified as such in the Prospectus and to assume that no other party or property will constitute a “significant
obligor” after the Cut-off Date. In no event shall the General Master Servicer, the NCB Master Servicer, the General Special Servicer
or the NCB Special Servicer be required to provide any information for inclusion in a Form 8-K that relates to any Mortgage Loan for which
such Master Servicer or such Special Servicer is not the applicable Master Servicer or Special Servicer, as the case may be. For this
Series 2022-BNK41 Pooling and Servicing Agreement, each of the Certificate Administrator, the Trustee, the General Master Servicer, the
NCB Master Servicer, the General Special Servicer and the NCB Special Servicer (in its capacity as such) shall be entitled to assume that
there is no provider of credit enhancement, liquidity or derivative instruments within the meaning of Items 1114 or 1115 of Regulation
AB.

 

	Item
    on Form 8-K	Party
    Responsible 
	Item
                                            1.01: Entry into a Material Definitive Agreement

     
	●    Depositor,
                                            except as described in the next bullet (it being acknowledged that Item 601 of Regulation
                                            S-K requires filing of material contracts to which the registrant or a subsidiary thereof
                                            is a party).

    ●    Certificate
    Administrator, Trustee, each Master Servicer and/or each Special Servicer (it being acknowledged that Instruction 3 to Item 1.01
    of Form 8-K requires disclosure regarding the entry into or an amendment of a definitive agreement that is material to the asset-backed
    securities transaction, even if the registrant is not a party to 

 

    	 	Exhibit CC-1	 

     

    

 

	

     
	such
                                            agreement), in each case to the extent of any amendment or definitive agreement that satisfies
                                            all the following conditions: (a) such amendment or definitive agreement relates to the Trust
                                            or one or more Mortgage Loans or REO Mortgage Loans, and (b) such amendment or definitive
                                            agreement is an amendment or definitive agreement to which such party (or a subcontractor
                                            or vendor engaged by such party) is a party or that such party (or a subcontractor or vendor
                                            engaged by such party) has caused to have been executed on behalf of the Trust; provided,
                                            however, that the Certificate Administrator shall be the “Party Responsible”
                                            in connection with any amendment to this Pooling and Servicing Agreement.

	Item
    1.02:  Termination of a Material Definitive Agreement– Part 1 of 2 Parts	●    Certificate
    Administrator, Trustee, each Master Servicer and/or each Special Servicer, in each case to the extent of any contract that satisfies
    all the following conditions:  (a) such contract relates to the Trust or one or more Mortgage Loans or REO Mortgage
    Loans, and (b) such contract is a contract to which such party (or a subcontractor or vendor engaged by such party) is a party or
    that such party (or a subcontractor or vendor engaged by such party) has caused to have been executed on behalf of the Trust; provided,
    however, that the Certificate Administrator shall be the “Party Responsible” in connection with any amendment
    to this Pooling and Servicing Agreement.
	Item
    1.02:  Termination of a Material Definitive Agreement– Part 2 of 2 Parts	●    Depositor,
    to the extent of any material agreement not covered in the prior item
	Item
    1.03:  Bankruptcy or Receivership	●    Depositor

 

    	 	Exhibit CC-2	 

     

    

 

	Item
    2.04:  Triggering Events that Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance
    Sheet Arrangement	●    Depositor

    ●    Certificate
    Administrator

	Item
    3.03:  Material Modification to Rights of Security Holders	●    Certificate
    Administrator
	Item
    5.03:  Amendments of Articles of Incorporation or Bylaws; Change of Fiscal Year	●    Depositor
	Item
    6.01:  ABS Informational and Computational Material	●    Depositor
	Item
    6.02 (Part 1 of 3 Parts):  Change of Servicer or Trustee, but only to the extent related to a change in trustee	●    Trustee

    ●    Depositor

	Item
    6.02 (Part 2 of 3 Parts):  Change of Servicer or Trustee, but only to the extent related to a change in Master Servicer
    or Special Servicer	●    Certificate
                                            Administrator

    ●    Each
    Master Servicer or Special Servicer, as the case may be (in each case, as to itself)

	Item
    6.02 (Part 3 of 3 Parts):  Change of Servicer or Trustee, but only to the extent related to a servicer (other than
    a party to the Pooling and Servicing Agreement) appointed by the particular “Party Responsible”.	●    Each
                                            Master Servicer (as to a party appointed by such Master Servicer)

    ●    Each
    Special Servicer

    ●    Certificate
    Administrator

    ●    Depositor

	Item
    6.03:  Change in Credit Enhancement or External Support	●    Depositor

    ●    Certificate
    Administrator

	Item
    6.04:  Failure to Make a Required Distribution	●    Certificate
    Administrator
	Item
    6.05:  Securities Act Updating Disclosure	●    Depositor
	Item
    7.01:  Regulation FD Disclosure	●    Depositor
	Item
    8.01:  Other Events	●    Depositor
	Item
                                            9.01(d): Exhibits (no. 1):

     

    Underwriting
    agreement (Exhibit No. 1 of Item 601 of Regulation S-K)
	●    Not
    applicable
	Item
                                            9.01(d): Exhibits (no. 2):

     

    Plan
    of acquisition, reorganization, arrangement, liquidation or succession (Exhibit No. 2 of Item 601 of Regulation S-K)
	●    Depositor
	Item
                                            9.01(d): Exhibits (no. 3):

     
	●    Depositor

 

    	 	Exhibit CC-3	 

     

    

 

	Articles
                                            of incorporation and by-laws (Exhibit No. 3(i) and 3(ii) of Item 601 of Regulation S-K)

	 
	Item
                                            9.01(d): Exhibits (no. 4):

     

    With
    respect to instruments defining the rights of security holders (Exhibit No. 4 of Item 601 of Regulation S-K)
	●    Certificate
                                            Administrator

     

    provided
    that, in each case, that this shall in no event be construed to make such party responsible for the initial filing of this Pooling
    and Servicing Agreement

	Item
                                            9.01(d): Exhibits (no. 7):

     

    Correspondence
    from an independent accountant regarding non-reliance on a previously issued audit report or completed interim review. (Exhibit No.
    7 of Item 601 of Regulation S-K)
	●    Not
    Applicable
	Item
                                            9.01(d): Exhibits (no. 14):

     

    Code
    of Ethics (Exhibit No. 14 of Item 601 of Regulation S-K)
	●    Not
    Applicable
	Item
                                            9.01(d): Exhibits (no. 16):

     

    Letter
    re change in certifying accountant (Exhibit No. 16 of Item 601 of Regulation S-K)
	●    Not
    Applicable
	Item
                                            9.01(d): Exhibits (no. 17):

     

    Correspondence
    on departure of director (Exhibit No. 17 of Item 601 of Regulation S-K)
	●    Not
    Applicable
	Item
                                            9.01(d): Exhibits (no. 20):

     

    Other
    documents or statements to security holders (Exhibit No. 20 of Item 601 of Regulation S-K)
	●    Not
    Applicable
	Item
                                            9.01(d): Exhibits (no. 23):

     

    Consents
    of Experts and Counsel (Exhibit No. 23(ii) of Item 601 of Regulation S-K), where the filing of a written consent is required with
    respect to material (in the Form 10-D) that is incorporated by reference in the Depositor’s registration statement.
	●    Depositor
	Item
    9.01(d): Exhibits (no. 24)	●    Certificate
    Administrator

 

    	 	Exhibit CC-4	 

     

    

 

	

     

    Power
    of Attorney (Exhibit No. 24 of Item 601 of Regulation S-K), but only if the name of any party signing the Form 10-D, or the name
    of any officer signing the Form 10-D on behalf of a party, is signed pursuant to a power of attorney.
	
	Item
                                            15: Exhibits (no. 99)

     

    Additional
    exhibits (Exhibit No. 99 of Item 601 of Regulation S-K)
	●    Not
    Applicable.
	Item
                                            15: Exhibits (no. 100)

     

    XBRL-Related
    Documents (Exhibit No. 100 of Item 601 of Regulation S-K).
	●    Not
    Applicable.

 

    	 	Exhibit CC-5	 

     

    

EXHIBIT
DD

ADDITIONAL
DISCLOSURE NOTIFICATION

**SEND VIA FAX TO 410-715-2380 AND VIA EMAIL TO cts.sec.notifications@wellsfargo.com AND VIA OVERNIGHT MAIL TO THE ADDRESS
IMMEDIATELY BELOW**

 

Computershare Trust Company, National Association,
as Certificate Administrator

9062 Old Annapolis Road

Columbia, Maryland 21045-1951

Attention: Corporate Trust Services (CMBS)

Morgan Stanley Capital I Inc., BANK 2022-BNK41, Commercial Mortgage Pass-Through
Certificates, Series 2022-BNK41—SEC REPORT PROCESSING

 

RE: **Additional Form [10-D][10-K][8-K] Disclosure**
Required

 

Ladies and Gentlemen:

In accordance with Section [11.04] [11.05]
[11.07] of the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between
Morgan Stanley Capital I Inc., as Depositor (the “Depositor”), Wells Fargo Bank, National Association, as General Master
Servicer, Rialto Capital Advisors, LLC, as General Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special
Servicer, Computershare Trust Company, National Association, as Certificate Administrator, Wilmington Trust, National Association, as
Trustee, Pentalpha Surveillance LLC, as Operating Advisor and as Asset Representations Reviewer, the undersigned, as [ ], hereby notifies
you that certain events have come to our attention that [will] [may] need to be disclosed on Form [10-D][10-K][8-K].

Description of Additional Form [10-D][10-K][8-K]
Disclosure:

List of any Attachments hereto to be included
in the Additional Form [10-D][10-K][8-K] Disclosure:

Any inquiries related to this notification should be directed to
[                        ], phone number: [                        ]; email address: [                       ].

		
 [NAME OF PARTY],
	 	as [role]
	 	 	 
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

cc: Depositor

    	 	Exhibit DD-1	 

     

    

EXHIBIT EE

INITIAL
SUB-SERVICERS

		1.	NorthMarq Capital, LLC

	 	2.	  PSRS Administrative Services, LLC d/b/a Pacific Southwest Realty Services

 

    	 	Exhibit EE-1	 

     

    

EXHIBIT FF

SERVICING
FUNCTION PARTICIPANTS

 

		1.	Midland Loan Services, a Division of PNC Bank, National Association

 

    	 	Exhibit FF-1	 

     

    

EXHIBIT GG

FORM
OF ANNUAL COMPLIANCE STATEMENT

CERTIFICATION

BANK 2022-BNK41, Commercial Mortgage Pass-Through
Certificates, Series 2022-BNK41

(the “Trust”)

I, [identifying the certifying
individual], on behalf of [Wells Fargo Bank, National Association, as General Master Servicer] [Rialto Capital Advisors, LLC, as General
Special Servicer] [National Cooperative Bank, N.A., as NCB Master Servicer] [National Cooperative Bank, N.A., as NCB Special Servicer]
[Computershare Trust Company, National Association, as [Certificate Administrator][Custodian]] [Wilmington Trust, National Association,
as Trustee] (the “Certifying Servicer”), certify to Morgan Stanley Capital I Inc. and its officers, directors and affiliates,
and with the knowledge and intent that they will rely upon this certification, that:

		1.	I (or Servicing Officers under my supervision) have reviewed the Certifying Servicer’s activities
[during the preceding calendar year] [between [__] and [__]] (the “Reporting
Period”) and the Certifying Servicer’s performance under the Pooling and Servicing Agreement; and

		2.	To the best of my knowledge, based on such review, the Certifying Servicer has fulfilled all of its obligations
under the Pooling and Servicing Agreement in all material respects during the Reporting
Period. [To my knowledge, the Certifying Servicer has failed to fulfill the following obligations under the Pooling and Servicing
Agreement: [SPECIFY EACH SUCH FAILURE AND THE NATURE AND STATUS THEREOF]].

		Date:__________________________________	

[WELLS FARGO BANK, NATIONAL ASSOCIATION,

as General Master Servicer]

[Rialto Capital Advisors, LLC,

as General Special Servicer]

[NATIONAL COOPERATIVE BANK, N.A.,

as NCB Master Servicer]

[NATIONAL COOPERATIVE BANK, N.A.,

 

    	 	Exhibit GG-1	 

     

    

	
as NCB Special Servicer]

[COMPUTERSHARE TRUST COMPANY, NATIONAL

ASSOCIATION, as [Certificate

Administrator][Custodian]]

[WILMINGTON TRUST, NATIONAL ASSOCIATION,

as Trustee]

	
 

	 	 	 
	
 

	
 

	
 

	
By:

	
 

	
 

	
 

	
Name:

	
 

	
 

	
Title:

	
 

    		 Exhibit GG-2	 

     

    

EXHIBIT HH

FORM
OF REPORT ON ASSESSMENT OF

COMPLIANCE with SERVICING CRITERIA

[Name of Reporting Servicer] (the “Reporting
Servicer”) is responsible for assessing compliance with the servicing criteria applicable to it under paragraph (d) of
Item 1122 of Regulation AB, as of and for the 12-month period ending December 31, 20[__] (the “Reporting
Period”), as set forth in Exhibit Z to the Pooling and Servicing Agreement. The transactions covered by this report include
asset-backed securities transactions for which the Reporting Servicer acted as [a master servicer, special servicer, trustee, certificate
administrator] involving commercial mortgage loans [other than __________________1]
(the “Platform”);

The Reporting Servicer has engaged certain
vendors, which are not servicers as defined in Item 1101(j) of Regulation AB (the “Vendors”)
to perform specific, limited or scripted activities, and the Reporting Servicer elects to take responsibility for assessing compliance
with the servicing criteria or portion of the servicing criteria applicable to such Vendors’ activities as set forth on Schedule
A;

Except as set forth in paragraph 4 below, the
Reporting Servicer used the criteria set forth in paragraph (d) of Item 1122 of Regulation AB to assess the compliance with the applicable
servicing criteria;

The criteria listed in the column titled “Inapplicable
Servicing Criteria” on Schedule A hereto are inapplicable to the Reporting Servicer based on the activities it performs, directly
or through its Vendors, with respect to the Platform;

The Reporting Servicer has complied, in all
material respects, with the applicable servicing criteria as of December 31, 20[__] and for the Reporting Period with respect to the Platform
taken as a whole[, except as described on Schedule B hereto];

The Reporting Servicer has not identified and
is not aware of any material instance of noncompliance by the Vendors with the applicable servicing criteria as of December 31, 20[__]
and for the Reporting Period with respect to the Platform taken as a whole[, except as described on Schedule B hereto];

The Reporting Servicer has not identified any
material deficiency in its policies and procedures to monitor the compliance by the Vendors with the applicable servicing criteria as
of December 31, 20[__] and for the Reporting Period with respect to the Platform taken as a whole[, except as described on Schedule
B hereto]; and

 

1 Describe any permissible exclusions,
including those permitted under telephone interpretation 17.04 (i.e., transactions registered prior to compliance with Regulation
AB, transactions involving an offer and sale of asset-backed securities that were not required to be issued), if applicable. 

    		 Exhibit HH-1	 

     

    

[____], a registered public accounting firm,
has issued an attestation report on the Reporting Servicer’s assessment of compliance with the applicable servicing criteria for
the Reporting Period.

 

[Date of Certification]

 

	
 

	
[Name
of Reporting Servicer]

	
 

	
 

	
 

	
 

	
By:

	
 

	
 

	
 

	
Name:

	
 

	
 

	
Title:

 

    		 Exhibit HH-2	 

     

    

EXHIBIT
II

CREFC®
PAYMENT INFORMATION

 

Payments shall be made to “CRE Finance Council” and sent to:

Commercial Real Estate Finance Council, Inc.

28 West 44th Street, Suite 815

New York, NY 10036

Attn: Executive Director

 

or by wire transfer to:

 

[wiring instructions are on file with each Master Servicer]

 

 

 

    		 Exhibit II-1	 

     

    

EXHIBIT JJ

 

Form of
Notice of ADDITIONAL 

INDEBTEDNESS
NOTIFICATION

 

VIA EMAIL:

To: Computershare Trust Company, National Association, as Certificate
Administrator; cts.cmbs.bond.admin@wellsfargo.com, trustadministrationgroup@wellsfargo.com and cts.sec.notifications@wellsfargo.com

 

Ref: BANK 2022-BNK41, Additional Debt Notice for From 10-D

 

The following information is being furnished to you for inclusion on Form
10-D pursuant to Section 3.18(g) of the Pooling and Servicing Agreement

 

	 	Portfolio
    Name	Mortgage
    Loan	Position
    in Debt Stack	Additional
    Debt	OPB	OPB
    Date	Appraised
    Value	Appraised
    Value Date	Aggregate
    LTV	Aggregate
    NCF DSCR	Aggregate
    NCF DSCR Date	Primary
    Servicer	Master
    Servicer	Lead
    Servicer	Prospectus
    ID
	1	BANK 2022-BNK41	 	 	$	 	 	$	 	%	 	 	 	 	 	 
	 	Outside the
    Trust	 	 	$	 	 	$	 	%	 	 	 	 	 	 
	 	Outside the
    Trust	 	 	$
	 	 	$	 	%	 	 	 	 	 	 
	 	          Total	 	 	$	 	 	 	 	 	 	 	 	 	 	 
	2	BANK 2022-BNK41	 	 	$	 	 	$	 	%	 	 	 	 	 	 
	 	Outside the
    Trust	 	 	$	 	 	$	 	%	 	 	 	 	 	 
	 	Outside the
    Trust	 	 	$
	 	 	$	 	%	 	 	 	 	 	 
	 	          Total	 	 	$	 	 	 	 	 	 	 	 	 	 	 
	3	BANK 2022-BNK41	 	 	$	 	 	$	 	%	 	 	 	 	 	 
	 	Outside the
    Trust	 	 	$	 	 	$	 	%	 	 	 	 	 	 
	 	Outside the
    Trust	 	 	$
	 	 	$	 	%	 	 	 	 	 	 
	 	          Total	 	 	$	 	 	 	 	 	 	 	 	 	 	 

 

 

 

 

    		 Exhibit JJ-1	 

     

    

EXHIBIT
KK

[RESERVED]

 

 

    		 Exhibit KK-1	 

     

    

EXHIBIT
LL

ADDITIONAL
DISCLOSURE NOTIFICATION (ACCOUNTS)

 

INSTRUCTIONS:

 

FOR ACCOUNT BALANCE REPORTING: SEND VIA EMAIL TO:

CTS.SEC.NOTIFICATIONS@WELLSFARGO.COM

FOR ALL OTHER NOTIFICATIONS: SEND VIA FAX, EMAIL AND OVERNIGHT MAIL
TO THE ADDRESS IMMEDIATELY BELOW**

 

Computershare Trust Company, National Association, as Certificate Administrator

9062 Old Annapolis Road

Columbia, Maryland 21045-1951

Attention: Corporate Trust Services (CMBS) – BANK 2022-BNK41—SEC REPORT PROCESSING

Email: cts.sec.notifications@wellsfargo.com

 

RE: **Additional Form [10-D][10-K][8-K] Disclosure** Required

 

 

Ladies and Gentlemen:

In accordance with Section 11.04 of the Pooling
and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Morgan Stanley Capital
I Inc., as Depositor (the “Depositor”), Wells Fargo Bank, National Association, as General Master Servicer, Rialto
Capital Advisors, LLC, as General Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special Servicer,
Computershare Trust Company, National Association, as Certificate Administrator, Wilmington Trust, National Association, as Trustee, and
Pentalpha Surveillance LLC, as Operating Advisor and as Asset Representations Reviewer, the undersigned, as [               ], hereby notifies you that
certain events have come to our attention that [will] [may] need to be disclosed on Form [10-D][10-K][8-K].

Description of Additional Form [10-D][10-K][8-K]
Disclosure:

[With respect to the Collection Accounts and REO Account balance
information:

	Account
    Name	Beginning Balance
    as of 

    MM/DD/YYYY
	Ending Balance
    as of 

    MM/DD/YYYY

	General Master 

Servicer’s
    

Collection Account	 	 
	NCB Master 

Servicer’s
    

Collection Account	 	 
	REO Account	 	 

 

    		 Exhibit LL-1	 

     

    

 

List of any Attachments hereto to be included in the Additional
Form [10-D][10-K][8-K] Disclosure:

Any inquiries related to this notification should be directed to
[                       ], phone number: [                       ]; email address: [                       ].

	
 

	
[NAME OF PARTY],

	
 

	
as [role]

	
 

	
 

	
 

	
 

	
By:

	
 

	
 

	
 

	
Name:

	
 

	
 

	
Title:

	
 

	
 

	
 

	
cc: Depositor

	
 

	
 

    		 Exhibit LL-2	 

     

    

EXHIBIT MM

Form
of notice of purchase of

controlling class certificate

[Date]

Computershare Trust Company, National Association

as Certificate Administrator

9062 Old Annapolis Road

Columbia, Maryland 21045

Email: trustadministrationgroup@wellsfargo.com

Attention: Corporate Trust Services (CMBS) – BANK 2022-BNK41

Wells Fargo Bank, National Association

            as General Master Servicer

Commercial Mortgage Servicing

550 S. Tryon Street

MAC D1086-23A

23rd Floor

Charlotte, North Carolina 28202

Attention: BANK 2022-BNK41 Asset Manager

Telecopy Number: (704) 715-0036

Email: commercial.servicing@wellsfargo.com

 

Rialto Capital Advisors, LLC

as General Special Servicer

200 S. Biscayne Blvd, Suite 3550

Miami, Florida 33131

Attention: Liat Heller, Jeff Krasnoff, Niral Shah, Adam Singer (BANK 2022-BNK41)

Facsimile number: (305) 229-6425

E-mail: liat.heller@rialtocapital.com, jeff.krasnoff@rialtocapital.com,

niral.shah@rialtocapital.com, adam.singer@rialtocapital.com

 

National Cooperative Bank, N.A.

            as NCB Master Servicer and NCB Special Servicer

2011 Crystal Drive, Suite 800

Arlington, Virginia 22202

Attention: Kathleen Luzik, Chief Operating Officer

Facsimile number: (703) 647-3473

Email: kluzik@ncb.coop 

 

Pentalpha Surveillance LLC

as Operating Advisor

375 N. French Road, Suite 100

Amherst, New York, 14228

Attention: BANK 2022-BNK41 Transaction Manager (with a copy sent contemporaneously
to

    		 Exhibit MM-1	 

     

    

notices@pentalphasurveillance.com)

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41
(the “Certificates”) issued pursuant to the Pooling and Servicing
Agreement (the “Pooling and Servicing Agreement”), dated as
of May 1, 2022, between Morgan Stanley Capital I Inc., as Depositor, Wells Fargo Bank, National Association, as General Master Servicer,
Rialto Capital Advisors, LLC, as General Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special Servicer,
Computershare Trust Company, National Association, as Certificate Administrator, Wilmington Trust, National Association, as Trustee, Pentalpha
Surveillance LLC, as Operating Advisor and as Asset Representations Reviewer

This letter is delivered
to you, pursuant to Section 3.23(a) of the Pooling and Servicing Agreement in connection with the transfer by ____________ (the “Transferor”)
to us (the “Transferee”) of $__________________ original
principal balance in the Class [__] Certificates, representing [_____]% of the Class [__] Certificates. The Certificates were issued pursuant
to the Pooling and Servicing Agreement.

		1.	Our name and address is as follows:

 

 ____________________

 

 ____________________

 

 ____________________

 
Contact Info: [Tel/Email]

		2.	[IF APPLICABLE] We hereby certify, represent and warrant to you, as Certificate Administrator, that we
are purchasing a majority interest in the Class [__] Certificates, and that we are not affiliated with the Transferor. To the extent
that any Control Termination Event or Consultation Termination Event has occurred due to a waiver of a prior Class [__] Certificateholder
of its rights under the Pooling and Servicing Agreement, we hereby request that you reinstate such rights and post a “special notice”
on your website to the following effect:

“A Consultation
Termination Event or a Control Termination Event has been terminated and is no longer in effect due to a transfer of a majority interest
of the Controlling Class to an unaffiliated third party which has terminated any waiver by the prior Holder.”

All capitalized terms used
but not otherwise defined herein shall have the respective meanings set forth in the Pooling and Servicing Agreement.

    		 Exhibit MM-2	 

     

    

	
 

	
Very truly yours,

	
 

	
 

	
 

	
 

	
(Transferee)

	
 

	
 

	
 

	
 

	
By:

	
 

	
 

	
 

	
Name:

	
 

	
 

	
Title:

    		 Exhibit MM-3	 

     

    

EXHIBIT NN

FORM OF ASSET REVIEW REPORT
BY THE

ASSET REPRESENTATIONS REVIEWER1

To: [Addresses of Recipients]

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41

Ladies and Gentlemen:

In accordance with Section
12.01 of the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), the
undersigned, as asset representations reviewer (the “Asset Representations Reviewer”), has performed an Asset
Review on each Delinquent Loan identified in accordance with the terms of the Pooling and Servicing Agreement, and is hereby issuing the
following Asset Review Report.

		1.	We have performed an Asset Review on each [Subject]
Loan identified in accordance with the terms of the Pooling and Servicing Agreement and our conclusion is that there is [no evidence of
a failed Test] [evidence of [•] failed Test[s] as specifically detailed on the scorecard attached hereto as Exhibit A] with respect
to the [Subject] Loans. 

		2.	A conclusion by the Asset Representations Reviewer
of a passed Test or a failed Test shall not constitute a determination by the Asset Representations Reviewer of (i) the existence or nonexistence
of a Material Defect, or (ii) whether the Trust should enforce any rights it may have against the applicable Mortgage Loan Seller. In
addition, the Tests may not be sufficient to determine every instance of noncompliance.

		3.	The Asset Representations Reviewer, other than forwarding
this report to the persons listed above, will not be required to take or participate in any other or further action with respect to the
aforementioned Asset Review Report.

		4.	Capitalized words and phrases used herein shall have
the respective meanings assigned to them in the Pooling and Servicing Agreement.

 

 

1 This report is an indicative report, and the Asset Representations Reviewer will have the ability to
modify or alter the organization and content of this report, subject to compliance with the terms of the Pooling and Servicing Agreement,
including without limitation, provisions relating to Privileged Information.

 

    		 Exhibit NN-1	 

     

    

 

PENTALPHA SURVEILLANCE LLC,

as Asset Representations Reviewer

 

By: _____________________________

Name:

Title:

    		 Exhibit NN-2	 

     

    

 

Exhibit A

 

Detailed Scorecard

[Template Example Below]

 

 

	
    Test failures

     

	Loan #	Loan Name	R&W #	R&W Name	Test #	Test Description	Findings
	[Insert Loan Number]	[Insert Loan Name]	[Insert R&W #]	[Insert R&W Name]	 	[Insert Test Description]	[Insert Test findings]
	[Insert R&W #]	[Insert R&W Name]	 	 	 

 

 

    		 Exhibit NN-3	 

     

    

EXHIBIT OO

FORM OF ASSET REVIEW REPORT
SUMMARY1

To: [Addresses of Recipients]

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41

Ladies and Gentlemen:

In accordance with Section
12.01 of the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), the
undersigned, as asset representations reviewer (the “Asset Representations Reviewer”), has performed an Asset
Review on each Delinquent Loan identified in accordance with the terms of the Pooling and Servicing Agreement, and is hereby issuing the
following Asset Review Report Summary.

		1.	We have performed an Asset Review on each [Subject]
Loan identified in accordance with the terms of the Pooling and Servicing Agreement and our conclusion is that there is [no evidence of
a failed Test] [evidence of [●] failed Test[s] as identified on the summary scorecard attached hereto as Exhibit A] with respect
to the [Subject] Loans. 

		2.	A conclusion by the Asset Representations Reviewer
of a passed Test or a failed Test shall not constitute a determination by the Asset Representations Reviewer of (i) the existence or nonexistence
of a Material Defect, or (ii) whether the Trust should enforce any rights it may have against the applicable Mortgage Loan Seller. In
addition, the Tests may not be sufficient to determine every instance of noncompliance.

		3.	The Asset Representations Reviewer, other than forwarding
this Asset Review Report Summary to the parties listed above, will not be required to take or participate in any other or further action
with respect to the aforementioned Asset Review Report Summary.

		4.	Capitalized words and phrases used herein shall have
the respective meanings assigned to them in the Pooling and Servicing Agreement.

 

 

1 This report is an indicative report, and the Asset Representations Reviewer
will have the ability to modify or alter the organization and content of this report, subject to compliance with the terms of the Pooling
and Servicing Agreement, including without limitation, provisions relating to Privileged Information.

    		 Exhibit OO-1	 

     

    

 

	
 

	
PENTALPHA SURVEILLANCE LLC,

as Asset Representations Reviewer

	 	 	 
	
 

	
 

	
 

	
 

	
By: 

	
 

	
 

	
 

	
Name:

	
 

	
 

	
Title:

  

 

    		 Exhibit OO-2	 

     

    

Exhibit A

 

Summary Scorecard

[Template Example Below]

 

	
    Test failures

     
	 	 	 	 
	Loan #	Loan Name	Representations and Warranty #	Representation and Warranty Name	Test #
	[Insert Loan #]	[Insert Loan Name]	[Insert R&W #]	[Insert R&W Name]	 
	[Insert R&W #]	[Insert R&W Name]	 

 

    		 Exhibit OO-3	 

     

    
 

EXHIBIT PP

ASSET REVIEW PROCEDURES

Pursuant
to the terms and subject to the conditions set
forth in the Pooling and Servicing Agreement (the “PSA”), the Asset Representations Reviewer (“Asset Representations
Reviewer”) shall perform an Asset Review with respect to each representation
and warranty made by the related Mortgage Loan Seller only with respect to each Delinquent
Loan in accordance with the procedures set forth below (each such procedure, a “Test”);
provided, however, the Asset Representations Reviewer may, but is under no obligation to, modify any Test and/or associated Review Materials
described in this Exhibit PP if, and only to the extent, the Asset Representations Reviewer determines pursuant to the Asset Review
Standard that it is necessary to modify such Test and/or such associated Review Materials in order to facilitate its Asset Review in accordance
with the Asset Review Standard. Capitalized terms used herein
but not defined herein have the meaning set forth in the PSA or, solely with respect to
a representation and warranty, the meaning set forth
in the related mortgage loan purchase agreement (the “Mortgage Loan Purchase Agreement”).
For the avoidance of doubt, in connection with the performance of the
following Tests:

		●	With respect to any representation and warranty that includes a knowledge
qualifier (e.g., to the Mortgage Loan Seller’s knowledge, etc.), the Asset Representations Reviewer shall not be responsible
for any investigation or review beyond that set forth in the applicable Test related to such representation and warranty;

		●	With respect to any representation and warranty
that includes the examination of an insurance policy or Title Policy, the Asset Representations Reviewer will be permitted to engage a
qualified consultant to perform a review of the applicable policy, and will be allowed to rely upon the conclusions of the consultant
when making a determination as to whether there is a Test pass.

		●	The Asset Representations Reviewer shall be under no duty to provide or
obtain a legal opinion, legal review or legal conclusion;

		●	Unless otherwise provided in the Test, the “as of” date for
the testing of a representation is as of the Closing Date;

		●	Unless otherwise provided in the Test, if there is more
than one version of the same document with respect to a particular Mortgage Loan or Mortgaged
Property, the document that will be used by the Asset Representations Reviewer in testing is the document that is dated as of the Closing
Date or, if none, the document closest prior to the Closing Date;

		●	With respect to each representation and warranty and its related Test(s),
the Asset Representations Reviewer shall take into account any exceptions to such representation
and warranty described in the Mortgage Loan Purchase Agreement with respect to a Mortgage Loan, and a Test pass shall be deemed to have
occurred

    	 	Exhibit PP-1	 

     

    

with respect to such Test if the sole reason
for not satisfying the applicable Test is caused by such exception(s);

		●	Evidence of a failure of a Test could result from (i) an affirmative determination
by the Asset Representations Reviewer that the Test failed to achieve a Test pass, or (ii) a determination by Asset Representations Reviewer
that the documentation included in the Review Materials (after making such request for any missing documents in the manner provided for
in the PSA) is not sufficient to perform the Test; and

A determination by the Asset Representations Reviewer of a Test pass or a Test failure shall not constitute a determination by the Asset
Representations Reviewer of (i) the existence or nonexistence of a Material Defect, or (ii) whether the Trust should enforce any rights
it may have against the applicable Mortgage Loan Seller.

The Asset Representations
Reviewer will only be required to perform the Tests described in this Exhibit PP, and will not be obligated to perform additional
procedures on any Delinquent Loan, even if a different set of procedures or Review Materials could produce a different outcome. Notwithstanding
the required Tests, the Asset Representations Reviewer will not be required to review any information other than (1) Review Materials
specified in the related Test and (2) if applicable, Unsolicited Information. The Asset Representations Reviewer may, but is under no
obligation to, consider Unsolicited Information relevant to the Tests subject to the terms of the PSA. If the Asset Representations Reviewer
considers Unsolicited Information, the Asset Representations Reviewer shall take into account such Unsolicited Information, in addition
to the Review Materials referred to in the applicable Test(s) procedure when making a determination as to whether there is a Test pass.

 

    	 	Exhibit PP-2	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	1.
                                            Whole Loan; Ownership of Mortgage Loans. Except with respect to a Mortgage Loan that
                                            is part of a Whole Loan, each Mortgage Loan is a whole loan and not a participation interest
                                            in a mortgage loan. At the time of the sale, transfer and assignment to the Depositor, no
                                            Mortgage Note or Mortgage was subject to any assignment (other than assignments to the Mortgage
                                            Loan Seller or (with respect to any Non-Serviced Mortgage Loan) to the related Non-Serviced
                                            Trustee for the related Non-Serviced Securitization Trust), participation (it being understood
                                            that a Mortgage Loan that is part of a Whole Loan does not constitute a participation) or
                                            pledge, and the Mortgage Loan Seller had good title to, and was the sole owner of, each Mortgage
                                            Loan free and clear of any and all liens, charges, pledges, encumbrances, participations
                                            (other than with respect to agreements among noteholders with respect to a Whole Loan), any
                                            other ownership interests and other interests on, in or to such Mortgage Loan other than
                                            any servicing rights appointment, subservicing or similar agreement. The Mortgage Loan Seller
                                            has full right and authority to sell, assign and transfer each Mortgage Loan, and the assignment
                                            to the depositor constitutes a legal, valid and binding assignment of such Mortgage Loan
                                            free and clear of any and all liens, pledges, charges or security interests of any nature
                                            encumbering such Mortgage Loan.
	1a	Review
    the amounts listed on the original Mortgage Note and Mortgage for an indication that they match the amounts listed on the Mortgage
    Loan Schedule.  If the amounts are the same, then such Mortgage Loan would be considered a Whole Loan. If there is
    more than one property then the Mortgage for each Mortgaged Property would need to be aggregated. If identified as such, it will
    be a Test pass.	Mortgage;
    Mortgage Note; Loan agreement related to the Mortgage Loan (“Loan Agreement”); Mortgage Loan guaranty; Assignment
    of Leases; and Environmental Indemnity Agreement (collectively, the “Mortgage Loan Documents”); Mortgage Loan
    Schedule.
	1b	Review
    any notice previously delivered by the Master Servicer or the Special Servicer, as applicable, of any alleged defect or breach with
    respect to any Delinquent Loan (collectively, the “MS Servicer Notices”) for notation of any Mortgage Note or
    Mortgage that was subject to any assignment (other than assignments to the Mortgage Loan Seller or, with respect to any Non-Serviced
    Mortgage Loan, to the related Non-Serviced Trustee for the related Non-Serviced Securitization Trust), participation or pledge, or
    that the Mortgage Loan Seller did not have good title to, and was the sole owner of, each Mortgage Loan free and clear of any and
    all liens, charges, pledges, encumbrances, participations, any other ownership interests on, in or to such Mortgage Loan other than
    any servicing rights appointment or similar agreement. If no such notation is found, it will be a Test pass.	MS
    Servicer Notices
	 	 1c	Review
                                            the MS Servicer Notices for notation of any claim or assertion regarding the Mortgage Loan
                                            Seller

	MS
    Servicer Notices 

 

    	 	Exhibit PP-3	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	 		not having the full right and authority
    to sell, assign and transfer the Mortgage Loan. If such notation is not found, it will be a Test pass.	
	1d	Review
    the MS Servicer Notices for notation of any claim or assertion regarding the assignment to the Depositor not constituting a legal,
    valid and binding assignment of such Mortgage Loan free and clear of any and all liens, pledges, charges or security interests of
    any nature encumbering such Mortgage Loan. If such notation is not found, it will be a Test pass.	MS
    Servicer Notices
	2.
Loan Document Status. Each related Mortgage Note, Mortgage, Assignment of Leases (if a separate instrument), guaranty and other
agreement executed by or on behalf of the related Mortgagor, guarantor or other obligor in connection with such Mortgage Loan is the
legal, valid and binding obligation of the related Mortgagor, guarantor or other obligor (subject to any non-recourse provisions contained
in any of the foregoing agreements and any applicable state anti-deficiency or market value limit deficiency legislation), as applicable,
and is enforceable in accordance with its terms, except as such enforcement may be limited by (i) bankruptcy, insolvency, fraudulent
transfer, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) general
principles of equity (regardless of whether such enforcement is considered in a proceeding in equity or at law and except that certain
provisions in such Mortgage Loan documents (including, without limitation, provisions requiring the payment of default interest, late
fees or Prepayment Premium/Yield Maintenance Charge) may be further limited or rendered unenforceable by applicable law, but (subject
to the 	2a	Review
    the opinion of Mortgagor’s counsel (“Mortgagor’s Counsel Opinion”) for an indication that it contains
    language that the related Mortgage Note, Mortgage, Assignment of Leases (if a separate instrument), guaranty and other agreement
    executed by or on behalf of the related Mortgagor, guarantor or other obligor in connection with such Mortgage Loan is the legal,
    valid and binding obligation of the related Mortgagor, guarantor or other obligor (subject to any non-recourse provisions contained
    in any of the foregoing agreements and any applicable state anti- deficiency or market value limit deficiency legislation), as applicable,
    and is enforceable in accordance with its terms, except as specified in representation and warranty 2. If such indication exists,
    it will be a Test pass.	Mortgagor’s
    Counsel Opinion
	2b	Review
    the MS Servicer Notices for notation of any valid offset, defense, counterclaim or right of rescission available to the related Mortgagor
    with respect to any of the related Mortgage Notes, Mortgages or other Mortgage Loan Documents, 	MS
    Servicer Notices

 

    	 	Exhibit PP-4	 

     

    

	Representations
    and Warranties	          Test	Review
    Materials
	limitations
                                            set forth above) such limitations or unenforceability will not render such Mortgage Loan
                                            documents invalid as a whole or materially interfere with the Mortgagee’s realization
                                            of the principal benefits and/or security provided thereby (clauses (i) and (ii) collectively,
                                            the “Standard Qualifications”). Except as set forth in the immediately
                                            preceding sentence, there is no valid offset, defense, counterclaim or right of rescission
                                            available to the related Mortgagor with respect to any of the related Mortgage Notes, Mortgages
                                            or other Mortgage Loan documents, including, without limitation, any such valid offset, defense,
                                            counterclaim or right based on intentional fraud by Mortgage Loan Seller in connection with
                                            the origination of the Mortgage Loan, that would deny the Mortgagee the principal benefits
                                            intended to be provided by the Mortgage Note, Mortgage or other Mortgage Loan documents.

	 	including,
    without limitation, any such valid offset, defense, counterclaim or right based on intentional fraud by the Mortgage Loan Seller
    in connection with the origination of the Mortgage Loan, that would deny the Mortgagee (as defined in the related Mortgage Loan Purchase
    Agreement) the principal benefits intended to be provided by the Mortgage Note, Mortgage or other Mortgage Loan Documents. If no
    such notation is found, it will be a Test pass.	 
	3.
    Mortgage Provisions. The Mortgage Loan documents for each Mortgage Loan, together with applicable state law, contain provisions
    that render the rights and remedies of the holder thereof adequate for the practical realization against the Mortgaged Property of
    the principal benefits of the security intended to be provided thereby, including realization by judicial or, if applicable, non-judicial
    foreclosure subject to the limitations set forth in the Standard Qualifications.	3	Review
    the Mortgage Loan Documents and Mortgagor’s Counsel Opinion for an indication that the Mortgage Loan Documents contain provisions
    that render the rights and remedies of the holder thereof adequate for the practical realization against the Mortgaged Property of
    the principal benefits of the security intended to be provided thereby, including realization by judicial or, if applicable, non-judicial
    foreclosure subject to the limitations set forth in the Standard Qualifications. If such indication exists, it will be a Test pass.	Mortgage
    Loan Documents; Mortgagor’s Counsel Opinion
	4.
    Intentionally Omitted.	4	N/A	N/A
	5.
    Mortgage Status; Waivers and Modifications. Since origination and except by written instruments set forth in the	5a	Review
    the MS Servicer Notices and Mortgage Loan Documents for an indication that, except by written	 

    	 	Exhibit PP-5	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	related
                                            Mortgage File or as otherwise provided in the related Mortgage Loan documents (a) (1) there
                                            has been no forbearance, waiver or modification of the material terms of the Mortgage Loan
                                            which such forbearance, waiver, or modification relates to the COVID-19 emergency, (2) as
                                            of April 16, 2022, to the knowledge of the Mortgage Loan Seller, there has been no written
                                            request for a forbearance, waiver or modification of the material terms of the Mortgage Loan,
                                            which such request relates to the COVID-19 emergency and (3) other than as related to the
                                            COVID-19 emergency, the material terms of such Mortgage, Mortgage Note, Mortgage Loan guaranty
                                            and related Mortgage Loan documents have not been waived, impaired, modified, altered, satisfied,
                                            canceled, subordinated or rescinded in any respect which materially interferes with the security
                                            intended to be provided by such mortgage; (b) no related Mortgaged Property or any portion
                                            thereof has been released from the lien of the related Mortgage in any manner which materially
                                            interferes with the security intended to be provided by such Mortgage or the use or operation
                                            of the remaining portion of such Mortgaged Property; and (c) neither the Mortgagor nor the
                                            guarantor has been released from its material obligations under the Mortgage Loan. With respect
                                            to each Mortgage Loan, except as contained in a written document included in the Mortgage
                                            File, there have been no modifications, amendments or waivers, that could be reasonably expected
                                            to have a material adverse effect on such Mortgage Loan consented to by the Mortgage Loan
                                            Seller on or after the Cut-off Date.

     
		instruments
set forth in the related Mortgage File or as otherwise provided in the related Mortgage Loan documents (a)(1) there has been no forbearance,
waiver or modification of the material terms of the Mortgage Loan which such forbearance, waiver or modification related to the COVID-19
emergency, (2) as of April 16, 2022, to the knowledge of the Mortgage Loan Seller, there has been no written request for a forbearance,
waiver or modification of the material terms of the Mortgage Loan, which such request relates to the COVID-19 emergency and (3) other
than as related to the COVID-19 emergency, the material terms of such Mortgage, Mortgage Note, Mortgage Loan guaranty and related Mortgage
Loan documents have been waived, impaired, modified, altered, satisfied, canceled, subordinated or rescinded in any respect which materially
interferes with the security intended to be provided by such mortgage. If no such indication is found, it will be a Test pass.
	 
	5b	Review
the MS Servicer Notices and Mortgage Loan Documents for an indication that a related Mortgaged Property or any portion thereof has been
released from the lien of the related Mortgage in any manner which materially interferes with the security intended to be provided by
such Mortgage or the use or operation of the remaining portion of such Mortgaged Property except by written instruments set forth in
the related Mortgage File. If no such indication is found, it will be a Test pass.
	Mortgage
    Loan Documents; MS Servicer Notices
	5c	Review
    the MS Servicer Notices and Mortgage Loan Documents for an indication that a related Mortgaged	MS
    Servicer Notices; Mortgage Loan Documents

 

    	 	Exhibit PP-6	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	 		Property
    or any portion thereof has been released from the lien of the related Mortgage in any manner which materially interferes with the
    security intended to be provided by such Mortgage or the use or operation of the remaining portion of such Mortgaged Property except
    by written instruments set forth in the related Mortgage File. If no such indication is found, it will be a Test pass.	
	5d	Review
    the MS Servicer Notices and Mortgage Loan Documents for notation that neither Mortgagor nor guarantor has been released from its
    material obligations under the Mortgage Loan except by written instruments set forth in the related Mortgage File. If no such notation
    is found, it will be a Test pass.	MS
    Servicer Notices; Mortgage Loan Documents
	5e	Review
    the MS Servicer Notices and Mortgage Loan Documents for notation of a modification, amendment or waiver that could be reasonably
    expected to have a material adverse effect on such Mortgage Loan consented to by the Mortgage Loan Seller on or after the Cut-off
    Date. If no such notation is found, it will be a Test pass.	MS
    Servicer Notices; Mortgage Loan Documents
	6.
                                            Lien; Valid Assignment. Subject to the Standard Qualifications, each endorsement or
                                            assignment of Mortgage and assignment of Assignment of Leases from the Mortgage Loan Seller
                                            or its Affiliate is in recordable form (but for the insertion of the name of the assignee
                                            and any related recording information which is not yet available to the Mortgage Loan Seller)
                                            and constitutes a legal, valid and binding endorsement or assignment from the Mortgage Loan
                                            Seller, or its Affiliate, as applicable.  Each related Mortgage

	6a	Review
    the MS Servicer Notices for a notation or other indication of any claim or assertion regarding any endorsement or assignment of Mortgage
    or Assignment of Leases not constituting a legal, valid and binding endorsement or assignment from the Mortgage Loan Seller, or its
    Affiliate, as applicable, subject to the Insolvency Qualifications. If such a notation or other indication is not found, it will
    be a Test pass.	MS
    Servicer Notices

    	 	Exhibit PP-7	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	and
    Assignment of Leases is freely assignable without the consent of the related Mortgagor.  Each related Mortgage is a
    legal, valid and enforceable first lien on the related Mortgagor’s fee (or if identified on the Mortgage Loan Schedule, leasehold)
    interest in the Mortgaged Property in the principal amount of such Mortgage Loan or allocated loan amount (subject only to Permitted
    Encumbrances (as defined below) and the exceptions to representation and warranty 7 below (each such exception, a “Title
    Exception”), except as the enforcement thereof may be limited by the Standard Qualifications.  Such Mortgaged
    Property (subject to Permitted Encumbrances and Title Exceptions) as of origination and, to the Mortgage Loan Seller’s knowledge,
    as of the Cut-off Date, is free and clear of any recorded mechanics’ or materialmen’s liens and other recorded encumbrances
    that would be prior to or equal with the lien of the related mortgage (which lien secures the related Whole Loan, in the case of
    a Mortgage Loan that is part of a Whole Loan),except those which are bonded over, escrowed for or insured against by the applicable
    Title Policy (as described below), and as of origination and, to the Mortgage Loan Seller’s knowledge, as of the Cut-off Date,
    no rights exist which under law could give rise to any such lien or encumbrance that would be prior to or equal with the lien of
    the related Mortgage, except those which are bonded over, escrowed for or insured against by the applicable Title Policy.  Notwithstanding
    anything herein to the contrary, no representation is made as to the perfection of any security interest in rents or other personal
    property to the extent that possession or control of such items or actions other than the 	6b	Review
    the related Mortgage and the Assignment of Leases for each property for provisions to the effect that the related mortgage and Assignment
    of Leases is not freely assignable without the consent of the related Mortgagor. If no such provision is found, it will be a Test
    pass.	Mortgage;
    Assignment of Leases
	6c	Review
    the Title Policy (as defined in representation and warranty 7) to determine if the related Mortgage is a first lien on the related
    Mortgagor’s fee (or if identified on the Mortgage Loan Schedule, leasehold) interest in the Mortgaged Property.  Compare
    the amount of the Title Policy to the principal amount of the Mortgage Loan or allocated loan amount to determine whether they are
    equivalent. If each such determination is made, it will be a Test pass.	Title
    Policy; Mortgage; Mortgage Loan Schedule
	6d	Review
    the Title Policy to determine if the Mortgaged Property was free and clear of any recorded mechanics’ or materialmen’s
    liens and other recorded encumbrances that would be prior to or equal with the lien of the related Mortgage (other than Permitted
    Encumbrances, Title Exceptions and those which are bonded over, escrowed for or insured against by the applicable Title Policy).
    If so determined, it will be a Test pass.	Title
    Policy
	6e	Review
    the MS Servicer Notices for a notation or other indication of any claim or assertion that, as of the Cut-off Date, the Mortgage Loan
    Seller had knowledge that the Mortgaged Property was not free and clear of any recorded mechanics’ or materialmen’s liens
    and other recorded encumbrances that would be prior to or equal with the lien of the	MS
    Servicer Notices

 

    	 	Exhibit PP-8	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	filing
    of Uniform Commercial Code financing statements is required to effect such perfection.	 	related
    Mortgage (which lien secures the related Whole Loan, in the case of a Mortgage Loan that is part of a Whole Loan) (other than Permitted
    Encumbrances, Title Exceptions and those which are bonded over, escrowed for or insured against by the applicable Title Policy).
    If such a notation or other indication is not found, it will be a Test pass.	 
	6f	Review
    the MS Servicer Notices for a notation or other indication of any claim or assertion that, subject to the rights of tenants, there
    are rights existing which under law could give rise to any such lien or encumbrance that would be prior to or equal with the lien
    of the related Mortgage, except for Permitted Encumbrances and those which are bonded over, escrowed for or insured against by the
    applicable Title Policy. If such a notation or other indication is not found, it will be a Test pass.	MS
    Servicer Notices
	6g	Review
    the MS Servicer Notices for a notation or other indication of any claim or assertion that the Mortgage Loan Seller did not have legal,
    valid and enforceable first lien on the related Mortgagor's fee (or if identified on the Mortgage Loan Schedule, leasehold), interest
    in the Mortgaged Property or good and marketable title free and clear of any pledge, lien, encumbrance or security interest. If such
    a notation or other indication is not found, it will be a Test pass.	MS
    Servicer Notices
	7.
                                            Permitted Liens; Title Insurance. Each Mortgaged Property securing a Mortgage Loan
                                            is covered by an American Land Title Association loan title insurance policy or a comparable
                                            form of loan title insurance policy approved for use in the applicable jurisdiction (or,
                                            if such policy is yet to be issued,

	7a	Review
    the Title Policy to determine if it is an American Land Title Association loan title insurance policy or another comparable form
    of loan title insurance policy approved for use in the applicable jurisdiction. Review the Mortgage Loan Documents to	Title
    Policy; Mortgage Loan Documents

    	 	Exhibit PP-9	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	by
    a pro forma policy, a preliminary title policy or a “marked up” commitment, in each case with escrow instructions and
    binding on the title insurer) (the “Title Policy”) in the original principal amount of such Mortgage Loan (or
    with respect to a Mortgage Loan secured by multiple properties, an amount equal to at least the allocated loan amount with respect
    to the Title Policy for each such property) after all advances of principal (including any advances held in escrow or reserves),
    that insures for the benefit of the owner of the indebtedness secured by the Mortgage, the first priority lien of the mortgage (which
    lien secures the related Whole Loan, in the case of a Mortgage Loan that is part of a Whole Loan), which lien is subject only to
    (a) the lien of current real property taxes, water charges, sewer rents and assessments not yet due and payable; (b) covenants, conditions
    and restrictions, rights of way, easements and other matters of public record specifically identified in the Title Policy; (c) the
    exceptions (general and specific) and exclusions set forth in such Title Policy; (d) other matters to which like properties are commonly
    subject; (e) the rights of tenants (as tenants only) under leases (including subleases) pertaining to the related Mortgaged Property;
    (f) if the related Mortgage Loan constitutes a Crossed Underlying Loan, the lien of the Mortgage for another Mortgage Loan contained
    in the same Crossed Mortgage Loan Group, and (g) condominium declarations of record and identified in such Title Policy, provided
    that none of clauses (a) through (g), individually or in the aggregate, materially and adversely interferes with the value or principal
    use of the Mortgaged Property, the security intended to be provided by such Mortgage, or the current ability of the related Mortgaged
    Property to generate net cash		determine
    if the amount of the policy covers the amount of the Mortgage Loan, or for multiple properties, an amount equal to the allocated
    loan amount after all advances of principal. If so determined with respect to each part of this Test, it will be a Test pass.	
	7b	Review
    the Title Policy to determine if the first priority lien of the Mortgage (which lien secures the related Whole Loan, in the case
    of a Mortgage Loan that is part of a Whole Loan),  is subject only to Permitted Encumbrances, as defined in representation
    and warranty 7. If so determined, it will be a Test pass.	Title
    Policy
	7c	Review
    the Title Policy to determine if any Permitted Encumbrance is a mortgage lien that is senior to or coordinate and co-equal to the
    lien of the related Mortgage, other than as contemplated by item (f) in the definition of Permitted Encumbrances.  If
    not so determined, it will be a Test pass.	Title
    Policy
	7d	Review
    the Title Policy and MS Servicer Notices for a notation or other indication that the coverage is not in full force and effect, that
    all premiums thereon have not been paid or that claims have been made by the Mortgage Loan Seller. If no such notation or other indication
    is found, it will be a Test pass.	Title
    Policy; MS Servicer Notices
	7e	Review
    the MS Servicer Notices for a notation or other indication that the Mortgage Loan Seller, or any other holder of the Mortgage Loan,
    has done, by act or omission, anything that would materially impair the coverage under such policy. If such a notation or other indication
    is not found, it will be a Test pass.	MS
    Servicer Notices

 

    	 	Exhibit PP-10	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	flow
                                            sufficient to service the related Mortgage Loan or the Mortgagor’s ability to pay its
                                            obligations when they become due (collectively, the “Permitted Encumbrances”).  For
                                            purposes of clause (a) of the immediately preceding sentence, any such taxes, assessments
                                            and other charges shall not be considered due and payable until the date on which interest
                                            and/or penalties would be payable thereon.  Except as contemplated by clause
                                            (f) of the second preceding sentence none of the Permitted Encumbrances are mortgage liens
                                            that are senior to or coordinate and co-equal with the lien of the related Mortgage.  Such
                                            Title Policy (or, if it has yet to be issued, the coverage to be provided thereby) is in
                                            full force and effect, all premiums thereon have been paid and no claims have been made by
                                            the Mortgage Loan Seller thereunder and no claims have been paid thereunder.  Neither
                                            the Mortgage Loan Seller, nor to the Mortgage Loan Seller’s knowledge, any other holder
                                            of the Mortgage Loan, has done, by act or omission, anything that would materially impair
                                            the coverage under such Title Policy.  Each Title Policy contains no exclusion
                                            for, or affirmatively insures (except for any Mortgaged Property located in a jurisdiction
                                            where such affirmative insurance is not available in which case such exclusion may exist),
                                            (a) that the Mortgaged Property shown on the survey is the same as the property legally described
                                            in the Mortgage and (b) to the extent that the Mortgaged Property consists of two or more
                                            adjoining parcels, such parcels are contiguous.

	7f	Review
    the Title Policy to determine if the Title Policy contains no exclusion for, or affirmatively insures (except for any Mortgaged Property
    located in a jurisdiction where such affirmative insurance is not available in which case such exclusion may exist), that (a) the
    Mortgaged Property shown on the survey is the same as the property legally described in the Mortgage and (b) to the extent that the
    Mortgaged Property consists of two or more adjoining parcels, such parcels are contiguous. If so determined, it will be a Test pass.	Title
    Policy
	8.
    Junior Liens. It being understood that B notes secured by the same Mortgage as a Mortgage Loan are not subordinate mortgages
    or junior liens, except for any Mortgage Loan that is cross-collateralized and cross-defaulted with another	8a	Review
    the Title Policy to determine if there is any subordinate mortgage or junior lien encumbering the related Mortgaged Property, except
    for any Mortgage Loan that is cross-collateralized and cross-defaulted	Title
    Policy

    	 	Exhibit PP-11	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	Mortgage
    Loan, as of the Cut-off Date there are no subordinate mortgages or junior mortgage liens encumbering the related Mortgaged Property
    other than Permitted Encumbrances, mechanics’ or materialmen’s liens (which are the subject of  representation
    and warranty 6 above), and equipment and other personal property financing.  The Mortgage Loan Seller has no knowledge
    of any mezzanine debt secured directly by interests in the related Mortgagor other than as set forth on Exhibit C-32-1 to the applicable
    Mortgage Loan Purchase Agreement.		with
    another Mortgage Loan. If not so determined, it will be a Test pass.	
	8b	Review
    the Title Policy to determine if, as of the Cut-off Date, there are no subordinate mortgages or junior mortgage liens encumbering
    the related Mortgaged Property other than Permitted Encumbrances, mechanics’ or materialmen’s liens and equipment and
    other personal property financing. If so determined, it will be a Test pass.	Title
    Policy
	8c	Review
    the MS Servicer Notices for a notation or other indication that the Mortgage Loan Seller had knowledge of any mezzanine debt secured
    directly by interests in the related Mortgagor other than those set forth on Exhibit C-32-1 to the applicable Mortgage Loan Purchase
    Agreement. If such a notation or other indication is not found, it will be a Test pass.	MS
    Servicer Notices
	9.
                                            Assignment of Leases and Rents. There exists as part of the related Mortgage File
                                            an Assignment of Leases (either as a separate instrument or incorporated into the related
                                            Mortgage).  Subject to the Permitted Encumbrances and Title Exceptions (and,
                                            in the case of a Mortgage Loan that is part of a Whole Loan, subject to the related assignment
                                            of leases constituting security for the entire Whole Loan), each related Assignment of Leases
                                            creates a valid first-priority collateral assignment of, or a valid first-priority lien or
                                            security interest in, rents and certain rights under the related lease or leases, subject
                                            only to a license granted to the related Mortgagor to exercise certain rights and to perform
                                            certain obligations of the lessor under such lease or leases, including the right to operate
                                            the related leased property, except as the enforcement thereof may be limited by the Standard
                                            Qualifications.  The
	9a	Review
    the Mortgage File to determine if an Assignment of Leases (either as a separate instrument or incorporated into the related Mortgage)
    is in the Mortgage File. If so determined, it will be a Test pass.	Mortgage
    File; Assignment of Leases
	9b	Review
    the Title Policy to determine if the Mortgage, or any related Assignment of Leases, has been recorded, and creates a valid first-priority
    collateral assignment of, or a valid first-priority lien or security interest in, rents and certain rights under the related lease
    or leases, subject only to a license granted to the related Mortgagor to exercise certain rights and to perform  certain
    obligations of the lessor under such lease or leases, including the right to operate the related leased property, except as the enforcement
    thereof may be limited by the Standard Qualifications.	Title
    Policy; Mortgage; Assignment of Leases

    	 	Exhibit PP-12	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	related
    Mortgage or related Assignment of Leases, subject to applicable law and the Standard Qualifications, provides that, upon an event
    of default under the Mortgage Loan, a receiver may be appointed for the collection of rents or for the related Mortgagee to enter
    into possession to collect the rents or for rents to be paid directly to the Mortgagee.		If
    so determined with respect to each part of this Test, it will be a Test pass.	
	9c	Review
    the Assignment of Leases (either as a separate instrument or incorporated into the related Mortgage) to determine if the related
    Mortgage, or related Assignment of Leases, subject to applicable law and the Standard Qualifications, provides that upon an event
    of default under the Mortgage Loan, a receiver may be appointed for the collection of rents or for the related Mortgagee to enter
    into possession to collect the rents or for rents or for the related Mortgagee to enter into possession to collect the rents or for
    rents to be paid directly to the Mortgagee. If so determined, it will be a Test pass.	Assignment
    of Leases; Mortgage
	10.
    Financing Statements. Subject to the Standard Qualifications, each Mortgage Loan or related security agreement establishes
    a valid security interest in, and a UCC-1 financing statement has been filed and/or recorded (or, in the case of fixtures, the Mortgage
    constitutes a fixture filing) in all places necessary at the time of the origination of the Mortgage Loan (or, if not filed and/or
    recorded, has submitted or caused to be submitted in proper form for filing and/or recording) to perfect a valid security interest
    in, the personal property (creation and perfection of which is governed by the UCC) owned by the Mortgagor and necessary to operate
    such Mortgaged Property in its current use other than (1) non-material personal property, (2) personal property subject to purchase
    money security interests and (3) personal property that is leased equipment.  Each UCC-1 financing statement, if any,
    filed with respect to personal property constituting a part of the related Mortgaged Property and each UCC-3	10a	Review
    the MS Servicer Notices for a notation or other indication of inappropriately filed or nonexistent UCC-1 financing statements. If
    such a notation or other indication is not found, it will be a Test pass.	MS
    Servicer Notices
	10b	Review
    the MS Servicer Notices for notation or other indication that the UCC-1, UCC-2 and UCC-3 statements were not in suitable form for
    filing. If such a notation or other indication is not found, it will be a Test pass.	MS
    Servicer Notices

    	 	Exhibit PP-13	 

     

    

 

 

	Representations
    and Warranties	          Test	Review
    Materials
	assignment,
    if any, filed with respect to such financing statement was in suitable form for filing in the filing office in which such financing
    statement was filed.  Notwithstanding anything herein to the contrary, no representation is made as to the perfection
    of any security interest in rents or other personal property to the extent that possession or control of such items or actions other
    than the filing of Uniform Commercial Code financing statements is required to effect such perfection.	 	 	 
	11. Condition of Property. The
    Mortgage Loan Seller or the originator of the Mortgage Loan inspected or caused to be inspected each related Mortgaged Property within
    six months of origination of the Mortgage Loan and within twelve months of the Cut-off Date.

     

    An engineering report or property condition
    assessment was prepared in connection with the origination of each Mortgage Loan no more than twelve months prior to the Cut-off
    Date. To the Mortgage Loan Seller’s knowledge, based solely upon due diligence customarily performed in connection with the
    origination of comparable mortgage loans, as of the Closing Date, each related Mortgaged Property was free and clear of any material
    damage (other than (i) deferred maintenance for which escrows were established at origination and (ii) any damage fully covered by
    insurance) that would affect materially and adversely the use or value of such Mortgaged Property as security for the Mortgage Loan.
	11a	Review
    the engineering report or property condition assessment in the Mortgage File to determine if it is dated within six months of the
    origination date, and within twelve months of the Cut-off Date. If so determined, it will be a Test pass.	Engineering
    report; Property condition assessment
	11b	Review
    the engineering report or property condition assessment in the Mortgage File to determine if it was dated no more than twelve months
    prior to the Cut-off Date.  Review the engineering report to confirm that each related Mortgaged Property is free of
    material damage. If so determined with respect to each part of the Test, it will be a Test pass.	Engineering
    report; Property condition assessment
	11c	Review
    the MS Servicer Notices for a notation or other indication that the Mortgage Loan Seller had knowledge of issues with the physical
    condition of the Mortgaged Property that the Mortgage Loan Seller believed would have a material adverse effect on the value or use
    of the Mortgaged Property other than those disclosed in the most recently dated engineering report or Servicing File and those addressed
    in sub-clauses (i) and (ii) of representation and warranty 11.	MS
    Servicer Notices

    	 	Exhibit PP-14	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	 		If
    such a notation or other indication is not found, it will be a Test pass.	
	12.
    Taxes and Assessments. As of the date of origination and, to the Mortgage Loan Seller’s knowledge, as of the Cut-off
    Date, all taxes, governmental assessments and other outstanding governmental charges (including, without limitation, water and sewage
    charges) due with respect to the Mortgaged Property (excluding any related personal property) securing a Mortgage Loan that is or
    could become a lien on the related Mortgaged Property that became due and owing prior to the Cut-off Date with respect to each related
    Mortgaged Property have been paid, or, if the appropriate amount of such taxes or charges is being appealed or is otherwise in dispute,
    the unpaid taxes or charges are covered by an escrow of funds or other security sufficient to pay such tax or charge and reasonably
    estimated interest and penalties, if any, thereon.  For purposes of this representation and warranty, any such taxes,
    assessments and other charges shall not be considered due and payable until the date on which interest and/or penalties would be
    payable thereon.	12	Review
    the MS Servicer Notices for a notation or  other indication that all taxes, governmental assessments and other outstanding
    governmental charges  (including, without limitation, water and sewage charges) due with respect to the Mortgaged Property
    (excluding any related personal property) securing a Mortgage Loan that is or could become a lien on the related Mortgage Property
    that became due and owing prior to the Cut-off Date with respect to the Mortgaged Property have not been paid, or if the appropriate
    amount of such taxes or charges is being appealed or is otherwise in dispute, the unpaid taxes or charges were not covered by an
    escrow of funds or other security sufficient to pay such tax or charge and reasonably estimated interest and penalties, if any, thereon.
    If such a notation or other indication is not found, it will be a Test pass.	MS
    Servicer Notices
	13.
    Condemnation. As of the date of origination and to the Mortgage Loan Seller’s knowledge as of the Cut-off Date, there
    is no proceeding pending and, to the Mortgage Loan Seller’s knowledge as of the date of origination and as of the Cut-off Date,
    there is no proceeding threatened for the total or partial condemnation of such Mortgaged Property that would have a material adverse
    effect on the value, use or operation of the Mortgaged Property.	13	Review
    the MS Servicer Notices for a notation or other indication of any proceeding pending or threatened for the total or partial condemnation
    of such Mortgaged Property as of the Cut-off date, or for a notation or other indication that the Mortgage Loan Seller had knowledge
    as of the Cut-off of any such proceeding that would have a material adverse effect on the value, use or operation of the Mortgaged
    Property. If such a notation or other indication is not found, it will be a Test pass.	MS
    Servicer Notices

    	 	Exhibit PP-15	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	14.
    Actions Concerning Mortgage Loan. To the Mortgage Loan Seller’s knowledge, based on evaluation of the Title Policy (as
    defined in representation and warranty 7), an engineering report or property condition assessment as described in representation
    and warranty 11, applicable local law compliance materials as described in representation and warranty 25, and the ESA (as defined
    in representation and warranty 42), as of origination there was no pending or filed action, suit or proceeding, arbitration or governmental
    investigation involving any Mortgagor, guarantor, or Mortgagor’s interest in the Mortgaged Property, an adverse outcome of
    which would reasonably be expected to materially and adversely affect (a) such Mortgagor’s title to the Mortgaged Property,
    (b) the validity or enforceability of the Mortgage, (c) such Mortgagor’s ability to perform under the related Mortgage Loan,
    (d) such guarantor’s ability to perform under the related guaranty, (e) the principal benefit of the security intended to be
    provided by the Mortgage Loan documents, or (f) the current principal use of the Mortgaged Property.	14a	Review
    the Mortgage Loan Documents, the Mortgagor’s Counsel Opinion and the MS Servicer Notices for an indication of pending or filed
    action, suit or proceeding, arbitration or governmental investigation involving any Mortgagor, guarantor, or Mortgagor's interest
    in the Mortgaged Property that existed on the origination date. If such an indication is not found, it will be a Test pass.	Mortgage
    Loan Documents; Mortgagor’s Counsel Opinion; MS Servicer Notices
	14b	Review
    the MS Servicer Notices to determine if an adverse outcome of any such  pending, filed or threatened action, suit or
    proceeding, arbitration or governmental investigation involving any Mortgagor, guarantor, or Mortgaged Property would reasonably
    be expected to adversely affect the matters set forth in clauses (a)-(f) of representation and warranty 14. If any such adverse outcome
    would not reasonably be expected to adversely affect the matters set forth in clauses (a)-(f) of representation and warranty 14,
    it will be a Test pass.	MS
    Servicer Notices
	15.
    Escrow Deposits. All escrow deposits and escrow payments currently required to be escrowed with the Mortgagee pursuant to
    each Mortgage Loan (including capital improvements and environmental remediation reserves) are in the possession, or under the control,
    of the Mortgage Loan Seller or its servicer, and there are no delinquencies (subject to any applicable grace or cure periods) in
    connection therewith, and all such escrows and deposits (or the right thereto) that are required under the related Mortgage Loan
    documents are being conveyed by the Mortgage Loan Seller to the depositor or its servicer (or, in the case of a Non-	15a	Review
    the MS Servicer Notices for a notation or other indication of any escrow deposits and escrow payments required to be escrowed with
    the Mortgagee pursuant to each Mortgage Loan not in the servicer’s possession or control. If such a notation or other indication
    is not found, it will be a Test pass.	MS
    Servicer Notices
	15b	Review
    the Diligence File and the MS Servicer Notices to determine if all escrows and deposits required pursuant to the Mortgage Loan have
    been conveyed by the Mortgage Loan Seller to the Depositor or its servicer (or, in the case of a Non-	Diligence
    File; MS Servicer Notices

    	 	Exhibit PP-16	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	Serviced
    Mortgage Loan, to the related depositor under the Non-Serviced PSA or the related Non-Serviced Master Servicer for the related Non-Serviced
    Securitization Trust).	 	Serviced
    Mortgage Loan, to the related depositor under the Non-Serviced PSA or Non-Serviced Master Servicer for the related Non-Serviced Securitization
    Trust). If so determined, it will be a Test pass.	 
	16.
    No Holdbacks. The principal amount of the Mortgage Loan stated on the Mortgage Loan Schedule has been fully disbursed as of
    the Closing Date and there is no requirement for future advances thereunder (except in those cases where the full amount of the Mortgage
    Loan has been disbursed but a portion thereof is being held in escrow or reserve accounts pending the satisfaction of certain conditions
    relating to leasing, repairs, occupancy, performance or other matters with respect to the related Mortgaged Property, the Mortgagor
    or other considerations determined by the Mortgage Loan Seller to merit such holdback).	16a	Review
    the Mortgage Loan Schedule, Loan Agreement, Mortgage Note and origination settlement statement to determine if the principal amount
    of the Mortgage Loan was fully disbursed as of the Closing Date. If so determined, it will be a Test pass.	Mortgage
    Loan Schedule; Loan Agreement; Mortgage Note; and Origination settlement statement
	16b	Review
    the Mortgage Loan Documents to determine if there is no requirement for future advances by the Mortgagee (except in those cases where
    the full amount of the Mortgage Loan has been disbursed but a portion thereof is being held in escrow or reserve accounts pending
    the satisfaction of certain conditions relating to leasing, repairs, occupancy, performance or other matters with respect to the
    related Mortgaged Property, the Mortgagor or other considerations determined by the Mortgage Loan Seller to merit such holdback).
    If so determined, it will be a Test pass.	Mortgage
    Loan Documents
	17.
    Insurance. Each related Mortgaged Property is, and is required pursuant to the related mortgage to be, insured by a property
    insurance policy providing coverage for loss in accordance with coverage found under a “special cause of loss form” or
    “all risk form” that includes replacement cost valuation issued by an insurer or insurers meeting the requirements of
    the related Mortgage Loan documents and having a claims-paying or financial strength rating meeting the “Insurance Ratings
    Requirements” (as defined below), in an amount (subject to customary deductibles) not less than the lesser of (1) the original
    principal balance of the Mortgage	17a	Review
    the Insurance Summary Report (or solely with respect to residential cooperative properties, review the insurance policies and/or
    certificates of insurance) to determine if it shows that the related Mortgaged Property is insured by a property insurance policy
    providing coverage for loss in accordance with coverage found under a “special cause of loss form” or “all-risk
    form” that includes replacement cost valuation issued by an insurer or insurers meeting the requirements of the related Mortgage
    Loan Documents and the Insurance Ratings Requirements,	Insurance
    Summary Report (solely with respect to residential cooperative properties, the insurance policies and/or certificates of insurance)

    	 	Exhibit PP-17	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	Loan
                                            and (2) the full insurable value on a replacement cost basis of the improvements, furniture,
                                            furnishings, fixtures and equipment owned by the Mortgagor included in the Mortgaged Property
                                            (with no deduction for physical depreciation), but, in any event, not less than the amount
                                            necessary or containing such endorsements as are necessary to avoid the operation of any
                                            coinsurance provisions with respect to the related Mortgaged Property.

     

    “Insurance
    Ratings Requirements” means either (1) a claims paying or financial strength rating of at least “A-:VIII” from
    A.M. Best Company (“A.M. Best”) or “A3” (or the equivalent) from Moody’s Investors Service, Inc. (“Moody’s”)
    or “A-” from S&P Global Ratings, (“S&P”) or (2) the Syndicate Insurance Ratings Requirements. “Syndicate
    Insurance Ratings Requirements” means insurance provided by a syndicate of insurers, as to which (i) if such syndicate consists
    of 5 or more members, at least 60% of the coverage is provided by insurers that meet the Insurance Ratings Requirements (under clause
    (1) of the definition of such term) and up to 40% of the coverage is provided by insurers that have a claims paying or financial
    strength rating of at least “BBB-” by S&P or at least “Baa3” by Moody’s and (ii) if such syndicate
    consists of 4 or fewer members, at least 75% of the coverage is provided by insurers that meet the Insurance Ratings Requirements
    (under clause (1) of the definition of such term) and up to 25% of the coverage is provided by insurers that have a claims paying
    or financial strength rating of at least “BBB-” by S&P or at least “Baa3” by Moody’s.
	17a	in
    an amount (subject to customary deductibles) not less than the lesser of (1) the original principal balance of any Mortgage Loan
    and (2) the full insurable value on a replacement cost basis of the improvements, furniture, furnishings, fixtures and equipment
    owned by the mortgagor and included in the Mortgaged Property (with no deduction for physical depreciation), but, in any event, not
    less than the amount necessary or containing such endorsements as are necessary to avoid the operation of any coinsurance provisions
    with respect to the Mortgaged Property. If so determined, it will be a Test pass.	
	17b	Review
    the Mortgage Loan Documents for provisions requiring the insurance coverage as stated in Test 17a above. If such provisions are found,
    it will be a Test pass.	Mortgage
    Loan Documents
	17c	Review
    the Insurance Summary Report (or, solely with respect to residential cooperative properties, review the insurance policies and/or
    certificates of insurance) to determine if it shows that the related Mortgaged Property is insured for business interruption or rental
    loss insurance which (subject to a customary deductible) covers a period of not less than 12 months (or with respect to a Mortgage
    Loan on a single asset with a principal balance of $50 million or more, 18 months). If such provisions are found, it will be a Test
    pass.	Insurance
    Summary Report (solely with respect to residential cooperative properties, the insurance policies and/or certificates of insurance)
	17d	Review
    the Mortgage Loan Documents for provisions requiring the insurance coverage as stated in Test 17c above. If such provisions are found,
    it will be a Test pass.	Mortgage
    Loan Documents

 

    	 	Exhibit PP-18	 

     

    

 

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

 

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

 

If
the Mortgaged Property is located within 25 miles of the coast of the Gulf of Mexico or the Atlantic coast of Florida, Georgia, South
Carolina or North Carolina, the related Mortgagor is required to maintain coverage for windstorm and/or windstorm related perils and/or
“named storms” issued by an insurer or insurers meeting the Insurance Ratings Requirements or endorsement covering damage
from windstorm and/or windstorm related perils and/or named storms, in an amount not less than the lesser of (1) the original
	17e	Review
    the Mortgage Loan Documents and/or the survey to determine if any material part of the improvements, exclusive of a parking lot,
    located on the Mortgaged Property is in an area identified in the Federal Register by the Federal Emergency Management Agency as
    having “special flood hazards.” If so determined, review the Insurance Summary to determine whether the Mortgagor maintains
    insurance in an amount equal to the least of (A) the maximum amount available under the National Flood Insurance Program, plus such
    additional excess flood coverage in an amount as is generally required by prudent institutional commercial mortgage lenders originating
    mortgage loans for securitization, (B) the outstanding principal amount of the Mortgage Loan and (C) the insurable value of the Mortgaged
    Property. If so determined, it will be a Test pass.	Insurance
    Summary Report
	17f	If
    the Mortgaged Property is located within 25 miles of the coast of the Gulf of Mexico or the Atlantic coast of Florida, Georgia, South
    Carolina or North Carolina, review the Insurance Summary Report to  determine if the property is covered for windstorm
    and/or windstorm related perils and/or “named storms” by an insurer or insurers meeting the Insurance Ratings Requirements
    or endorsement covering damage from windstorm and/or windstorm related perils and/or named storms, in an not less than the lesser
    of (1) the original principal balance of the Mortgage Loan and (2) the full insurable value on a replacement cost basis of the improvements,
    furniture, 	Insurance
    Summary Report (solely with respect to residential cooperative properties, the insurance policies and/or certificates of insurance);
    Diligence File

 

    	 	Exhibit PP-19	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	principal
                                            balance of the Mortgage Loan and (2) the full insurable value on a replacement cost basis
                                            of the improvements, furniture, furnishings, fixtures and equipment owned by the Mortgagor
                                            and included in the Mortgaged Property (with no deduction for physical depreciation), but,
                                            in any event, not less than the amount necessary or containing such endorsements as are necessary
                                            to avoid the operation of any coinsurance provisions with respect to the related Mortgaged
                                            Property by an insurer or insurers meeting the Insurance Ratings Requirements.

 

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

 

An
architectural or engineering consultant has performed an analysis of each of the Mortgaged Properties located in seismic zones 3 or 4
in order to evaluate the seismic condition of such property, for the sole purpose of assessing the probable maximum loss or scenario
expected loss (“PML”) for the Mortgaged Property in the event of an earthquake. In such instance, the PML was based
on a 475 year return period, an exposure period of 50 years and a 10% probability

	 	furnishings,
    fixtures and equipment owned by the Mortgagor and included in the Mortgaged Property (with no deduction for physical depreciation),
    but, in any event, not less than the amount necessary or containing such endorsements as are necessary to avoid the operation of
    any coinsurance provisions with respect to the related Mortgaged Property by an insurer or insurers meeting the Insurance Ratings
    Requirements. If so determined with respect to each part of this Test, it will be a Test pass.	 
	17g	Review
    the Insurance Summary Report dated before the Cut-off Date (or solely with respect to residential cooperative properties, review
    the insurance policies and/or certificates of insurance) and Mortgage Loan Documents to determine if the Mortgage Property is covered,
    and required to be covered pursuant to the related Mortgage Loan Documents, by a commercial general liability insurance policy issued
    by an insurer or insurers meeting the Insurance Ratings Requirements including coverage for property damage, contractual damage and
    personal injury (including bodily injury and death) in amounts as are generally required by the Mortgage Loan Seller for similar
    commercial and multifamily loans intended for securitization, and in any event not less than $1 million per occurrence and $2 million
    in the aggregate. If so determined, it will be a Test pass.	Insurance
    Summary Report (solely with respect to residential cooperative properties, the insurance policies and/or certificates of insurance);
    Mortgage Loan Documents
	17h	Review
    the property condition assessment to determine if the properties are located in a seismic zone 3 or 4. If so determined, review the
    seismic engineering study to determine if it has been 	Property
    condition assessment; Seismic engineering study

 

    	 	Exhibit PP-20	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	of
                                            exceedance. If the resulting report concluded that the PML would exceed 20% of the amount
                                            of the replacement costs of the improvements, earthquake insurance on such Mortgaged Property
                                            was obtained from an insurer or insurers meeting the Insurance Ratings Requirements (provided
                                            that for this purpose (only), the A.M. Best Company minimum rating referred to in the definition
                                            of Insurance Ratings Requirements will be deemed to be at least “A:VIII”) in
                                            an amount not less than 100% of the PML.

 

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

 

All
premiums on all insurance policies referred to in this section that are required by the Mortgage Loan documents to be paid as of the
Cut-off Date have been paid, and such insurance policies name the Mortgagee under the Mortgage Loan and its successors and assigns as
a loss payee under a Mortgagee endorsement clause or, in the case of the general liability insurance policy, as named or additional insured.
Such insurance policies will inure to the benefit of the trustee (or, in the case of a Non-Serviced Mortgage Loan, the

	 	performed
    by an architectural or engineering consultant for the sole purpose of assessing the PML for the Mortgaged Property in the event of
    an earthquake and based on a 475-year return period, an exposure period of 50 years and a 10% probability of exceedance. If so determined,
    it will be a Test pass.	 
	17i	Review
    the most recent seismic engineering study or Insurance Summary Report (or solely with respect to residential cooperative properties,
    review the insurance policies and/or certificates of insurance) to determine if the PML would exceed 20% of the amount of the replacement
    costs of the improvements, and if so, review to determine if earthquake insurance on such Mortgaged Property was obtained. If so
    determined, determine if the insurer or insurers are meeting the Insurance Ratings Requirements (as defined in representation and
    warranty 17, provided that for this purpose (only), the A.M. Best Company minimum rating referred to in the definition of Insurance
    Ratings Requirements will be deemed to be at least “A:VIII”). The insurance amount should be not less than 100% of the
    PML. If so determined with respect to each part of the Test, it will be a Test pass.	Seismic
    engineering study; Insurance Summary Report (solely with respect to residential cooperative properties, the insurance policies and/or
    certificates of insurance)
	17j	Review
    the  Mortgage Loan Documents for provisions requiring that insurance proceeds (or an amount equal to such insurance
    proceeds) in respect of a property loss be applied either (a) to the repair or restoration of all or part of the related Mortgaged
    Property, with respect to all property losses in excess of 5% of the then-outstanding principal amount of the Mortgage Loan, the
    Mortgagee (or a trustee appointed by it) 	Mortgage
    Loan Documents

 

    	 	Exhibit PP-21	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	applicable
                                            Non-Serviced Trustee). Each related Mortgage Loan obligates the related Mortgagor to maintain
                                            all such insurance and, at such Mortgagor’s failure to do so, authorizes the Mortgagee
                                            to maintain such insurance at the Mortgagor’s cost and expense and to charge such Mortgagor
                                            for related premiums. All such insurance policies (other than commercial liability policies)
                                            require at least 10 days’ prior notice to the Mortgagee of termination or cancellation
                                            arising because of nonpayment of a premium and at least 30 days’ prior notice to the
                                            Mortgagee of termination or cancellation (or such lesser period, not less than 10 days, as
                                            may be required by applicable law) arising for any reason other than non-payment of a premium
                                            and no such notice has been received by the Mortgage Loan Seller.

	 	having
    the right to hold and disburse such proceeds as the repair or restoration progresses, or (b) to the payment of the outstanding principal
    balance of such Mortgage Loan together with any accrued interest thereon. If such provisions are found, it will be a Test pass.	 
	17k	Review
    the MS Servicer Notices for a notation or other indication that insurance premiums are current as of the Cut-off Date. If such a
    notation or other indication is found, it will be a Test pass.	MS
    Servicer Notices
	17l	Review
    the Insurance Summary Report (or solely with respect to residential cooperative properties, review the insurance policies and/or
    certificates of insurance) to determine if the insurance policies name the Mortgagee under any Mortgage Loan and its successors and
    assigns as a loss payee under a mortgagee endorsement clause or, in the case of the general liability insurance policy, as named
    or additional insured. If so determined, it will be a Test pass.	Insurance
    Summary Report (solely with respect to residential cooperative properties, the insurance policies and/or certificates of insurance)
	17m	Review
    the Insurance Summary Report (or solely with respect to residential cooperative properties, review the insurance policies and/or
    certificates of insurance) to determine if the insurance will inure to the benefit of the trustee (or, in the case of a Non-Serviced
    Mortgage Loan, the applicable Non-Serviced Trustee). If so determined, it will be a Test pass.	Insurance
    Summary Report (solely with respect to residential cooperative properties, the insurance policies and/or certificates of insurance)
	17n	Review
    the Mortgage Loan Documents to determine if any Mortgage Loan obligates the Mortgagor to maintain all such insurance and, at such
    Mortgagor’s failure to do so, authorizes the Mortgagee to maintain	Mortgage
    Loan Documents

    	 	Exhibit PP-22	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	 		such
    insurance at the Mortgagor’s cost and expense and to charge such Mortgagor for related premiums. If so determined, it will
    be a Test pass.	
	17o	Review
    the Insurance Summary Report (or solely with respect to residential cooperative properties, review the insurance policies and/or
    certificates of insurance) to determine if the insurance policies (other than commercial liability policies) require at least 10
    days’ prior notice to the Mortgagee of termination or cancellation arising because of nonpayment of a premium and at least
    30 days’ prior notice to the Mortgagee of termination or cancellation (or such lesser period, not less than 10 days, as may
    be required by applicable law) arising for any reason other than non-payment of a premium.  If so determined, it will
    be a Test pass.	Insurance
    Summary Report (solely with respect to residential cooperative properties, the insurance policies and/or certificates of insurance)
	17p	Review
    the MS Servicer Notices for a notation or other indication that any notice described in Test 17o may have been received by the Mortgage
    Loan Seller. If such a notation or other indication is not found, it will be a Test pass.	MS
    Servicer Notices
	18.
    Access; Utilities; Separate Tax Parcels. Based solely on evaluation of the Title Policy (as defined in representation and
    warranty 7) and survey, if any, an engineering report or property condition assessment as described in representation and warranty
    11, applicable local law compliance materials as described in representation and warranty 25, and the ESA (as defined in representation
    and warranty 42), each Mortgaged Property (a) is located on or adjacent to a public road and has direct legal access to such road,
    or has permanent access from a recorded easement or right of way permitting ingress and	18a	Review
    the zoning report, Title Policy and survey, engineering report or property condition assessment, the Sponsor Diligence and the ESA
    to determine if each Mortgaged Property is located on or adjacent to a public road and has direct legal access to such road, or has
    permanent access easement or right of way permitting ingress and egress to/from a public road. If so determined, it will be a Test
    pass.	Zoning
    report; Title Policy; Survey; Engineering report  or property condition assessment; Sponsor Diligence; ESA
	18b	Review
    the zoning report, Title Policy and survey, engineering report or property condition assessment,	Zoning
    report; Title Policy; Survey; Engineering report  

    	 	Exhibit PP-23	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	egress
    to/from a public road, (b) is served by or has access rights to public or private water and sewer (or well and septic) and other
    utilities necessary for the current use of the Mortgaged Property, all of which are adequate for the current use of the Mortgaged
    Property, and (c) constitutes one or more separate tax parcels which do not include any property which is not part of the Mortgaged
    Property or is subject to an endorsement under the related Title Policy insuring the Mortgaged Property, or in certain cases, an
    application has been made or is required to be made to the applicable governing authority for creation of separate tax parcels (or
    the Mortgage Loan documents so require such application in the future), in which case the Mortgage Loan requires the Mortgagor to
    escrow an amount sufficient to pay taxes for the existing tax parcel of which the Mortgaged Property is a part until the separate
    tax parcels are created.	 	the
    Sponsor Diligence and the ESA to determine if each Mortgaged Property is served by or has access rights to public or private water
    and sewer (or well and septic) and other utilities necessary for the current use of the Mortgaged Property, all of which are adequate
    for the current use of the Mortgaged Property. If so determined, it will be a Test pass	or
    property condition assessment; Sponsor Diligence; ESA
	18c	Review
    the Title Policy and  survey to determine if each Mortgaged Property constitutes one or more separate tax parcels and
    do not include any property which is not part of the Mortgaged Property or is subject to an endorsement under the most recently dated  Title
    Policy insuring the Mortgaged Property, or in certain cases, an application has been made or is required to be made to the applicable
    governing authority for creation of separate tax parcels, in which case any Mortgage Loan requires the Mortgagor to escrow an amount
    sufficient to pay taxes for the existing tax parcel of which the Mortgaged Property is a part until the separate tax parcels are
    created. If so determined, it will be a Test pass.	Title
    Policy; Survey; Mortgage Loan Documents
	19.
    No Encroachments. To the Mortgage Loan Seller’s knowledge based solely on surveys obtained in connection with origination
    and the Title Policy obtained in connection with the origination of each Mortgage Loan, and except for encroachments that do not
    materially and adversely affect the current marketability or principal use of the Mortgaged Property:  (a) all material
    improvements that were included for the purpose of determining the appraised value of the related Mortgaged Property at the time
    of the origination of such Mortgage Loan are within the boundaries of the related	19a	Review
    the survey and Title Policy to determine if all material improvements that were included for the purpose of determining the appraised
    value of the Mortgaged Property at the time of the origination of such Mortgage Loan are within the boundaries of the related Mortgaged
    Property, except for encroachments that are insured by applicable Title Policy. If so determined, it will be a Test pass.	Survey;
    Title Policy; Appraisal
	19b	Review
    the survey and Title Policy to determine if there exist material improvements on adjoining 	Survey;
    Title Policy

 

    	 	Exhibit PP-24	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	Mortgaged
    Property, except for encroachments that are insured against by the applicable Title Policy; (b) no material improvements on adjoining
    parcels encroach onto the related Mortgaged Property except for encroachments that are insured against by the applicable Title Policy;
    and (c) no material improvements encroach upon any easements except for encroachments that are insured against by the applicable
    Title Policy.	 	parcels
    that encroach onto the Mortgaged Property which are not insured by applicable Title Policy. If not so determined, it will be a Test
    pass.	 
	19c	Review
    the survey and Title Policy to determine if there exist material improvements that encroach upon any easements except for encroachments
    that are insured against by the applicable Title Policy. If not so determined, it will be a Test pass.	Survey;
    Title Policy
	20.
    No Contingent Interest or Equity Participation. No Mortgage Loan has a shared appreciation feature, any other contingent interest
    feature or a negative amortization feature (except that an ARD Loan may provide for the accrual of the portion of interest in excess
    of the rate in effect prior to the Anticipated Repayment Date) or an equity participation by the Mortgage Loan Seller.	20	Review
    the Mortgage Loan Documents for any shared appreciation feature or any other contingent interest feature or a negative amortization
    feature (except that an ARD Loan may provide for the accrual of the portion of interest in excess of the rate in effect prior to
    the Anticipated Repayment Date) or an equity participation by the Mortgage Loan Seller. If no such feature is found with respect
    to each part of this Test, it will be a Test pass.	Mortgage
    Loan Documents
	21.
    REMIC. The Mortgage Loan is a “qualified mortgage” within the meaning of Section 860G(a)(3) of the Code (but determined
    without regard to the rule in Treasury Regulations Section 1.860G-2(f)(2) that treats certain defective mortgage loans as qualified
    mortgages), and, accordingly, (A) the issue price of the Mortgage Loan to the related Mortgagor at origination did not exceed the
    non-contingent principal amount of the Mortgage Loan and (B) either:  (a) such Mortgage Loan is secured by an interest
    in real property (including permanently affixed buildings and distinct structural components such as wiring, plumbing systems and
    central heating and air conditioning systems, that are integrated into such buildings, serve such buildings in their passive functions
    and do not produce or contribute to the	21a	Review
    the origination settlement statement and Mortgage Note to determine if the proceeds advanced by the Mortgagee did not exceed the
    non-contingent principal amount of the Mortgage Loan. If so determined, it will be a Test pass.	Origination
    settlement statement; Mortgage Loan
	21b	Review
    the most recent appraisal and Mortgage Loan Documents to determine if  (a) the Mortgage Loan is secured by an interest
    in real property (including permanently affixed buildings and distinct structural components, such as wiring, plumbing systems and
    central heating and air-conditioning systems, that are integrated into such buildings, serve such buildings in their passive functions
    and do not produce or contribute to the production of income other than	Appraisal;
    Mortgage Loan Documents

    	 	Exhibit PP-25	 

     

    

 

 

	Representations
    and Warranties	          Test	Review
    Materials
	production
                                                                                                                         of income other than consideration for the use or occupancy of space, but excluding personal property) having a fair market value
                                                                                                                         (i) at the date the Mortgage Loan was originated at least equal to 80% of the adjusted issue price of the Mortgage Loan (together
                                                                                                                         with any related Pari Passu Companion Loans) on such date or (ii) at the Closing Date at least equal to 80% of the adjusted issue
                                                                                                                         price of the Mortgage Loan (together with any related Pari Passu Companion Loans) on such date, provided that for purposes hereof,
                                                                                                                         the fair market value of the real property interest must first be reduced by (A) the amount of any lien on the real property
                                                                                                                         interest that is senior to the Mortgage Loan and (B) a proportionate amount of any lien that is in parity with the Mortgage Loan; or
                                                                                                                         (b) substantially all of the proceeds of such Mortgage Loan were used to acquire, improve or protect the real property which served
                                                                                                                         as the only security for such Mortgage Loan (other than a recourse feature or other third-party credit enhancement within the
                                                                                                                         meaning of Treasury Regulations Section 1.860G-2(a)(1)(ii)).  If the Mortgage Loan was “significantly
                                                                                                                         modified” prior to the Closing Date so as to result in a taxable exchange under Section 1001 of the Code, it either (x) was
                                                                                                                         modified as a result of the default or reasonably foreseeable default of such Mortgage Loan or (y) satisfies the provisions of
                                                                                                                         either sub-clause (B)(a)(i) above (substituting the date of the last such modification for the date the Mortgage Loan was
                                                                                                                         originated) or sub-clause (B)(a)(ii), including the proviso thereto.  For purposes of the preceding sentence, the
                                                                                                                         Mortgage Loan will not be considered “significantly modified” solely by reason of the Mortgagor having been granted a
                                                                                                                         COVID-19 related forbearance prior to October 1, 2021 (or prior to such later date as may be provided by the IRS in a future
                                                                                                                         guidance) provided that: (a) such Mortgage Loan forbearance is covered
		consideration
    for the use or occupancy of space, but excluding personal property) having a fair market value (i) at the date the Mortgage Loan
    was originated at least equal to 80% of the initial principal amount of any Mortgage Loan (together with any related Pari Passu Companion
    Loans) on such date or (ii) at the Closing Date at least equal to 80% of the outstanding principal amount of the  Mortgage
    Loan (together with any related Pari Passu Companion Loans) on such date, provided that for purposes of clauses (i) and (ii) above,
    the fair market value of the real property interest must first be reduced by (A) the amount of any lien on the real property interest
    that is senior to such Mortgage Loan and (B) a proportionate amount of any lien that is in parity with such Mortgage Loan or (b)
    substantially all of the proceeds of such Mortgage Loan were used to acquire, improve or protect the real property which served as
    the only security for such Mortgage Loan (other than a recourse feature or other third-party credit enhancement within the meaning
    of Treasury Regulations  Section 1.860G-2(a)(1)(ii)). If so determined, it will be a Test pass.	
	21c	Review
    the MS Servicer Notices for an indication or other notation that the Mortgage Loan was modified prior to the Closing Date, and if
    so,  if the modification was made as to result in a taxable exchange under Section 1001 of the Code, it either (x)
    was modified as a result of the default or reasonably foreseeable default of such Mortgage Loan or (y) satisfies the provisions of
    either sub-clause (B)(i) in	MS
    Servicer Notices

 

    	 	Exhibit PP-26	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	by
    Revenue Procedure 2020-26 (as modified by Revenue Procedure 2021-12) by reason of satisfying the requirements for such coverage stated
    in Section 5.02(2) thereof; and (b) the Mortgage Loan Seller shall have notified the depositor that such forbearance has occurred
    and notified the depositor of (x) the date on which such forbearance was granted, (y) the length in months of the forbearance, and
    (z) how the payments in forbearance will be paid (that is, by extension of maturity, change of amortization schedule, etc.).  Any
    Prepayment Premium and Yield Maintenance Charges applicable to the Mortgage Loan constitute “customary prepayment penalties”
    within the meaning of Treasury Regulations Section 1.860G-1(b)(2).  All terms used in this representation and warranty
    shall have the same meanings as set forth in the related Treasury Regulations.	 	the
    first sentence of representation and warranty 21 (substituting the date of the last such modification for the date any Mortgage Loan
    was originated) or sub-clause (B)(ii) in the first sentence of representation and warranty 21, including the proviso thereto. For
    purposes of the preceding sentence, the Mortgage Loan will not be considered “significantly modified” solely by reason
    of the Mortgagor having been granted a COVID-19 related forbearance prior to October 1, 2021 (or prior to such later date as may be
    provided by the IRS in a future guidance) provided that: (a) such Mortgage Loan forbearance is covered by Revenue Procedure 2020-26
    (as modified by Revenue Procedure 2021-12) by reason of satisfying the requirements for such coverage stated in Section 5.02(2)
    thereof; and (b) the Mortgage Loan Seller shall have notified the depositor that such forbearance has occurred and notified the
    depositor of (x) the date on which such forbearance was granted, (y) the length in months of the forbearance, and (z) how the
    payments in forbearance will be paid (that is, by extension of maturity, change of amortization schedule, etc.).If there were any
    such modifications, and such a notation or other indication is found, it will be a Test pass.	 
	21d	Review
    the MS Servicer Notices for a notation or other indication of any claim or assertion to the effect that the Prepayment Premium and
    Yield Maintenance Charges applicable to any Mortgage Loan do not constitute “customary prepayment penalties”. If such
    a notation or other indication is not found, it will be a Test pass.	MS
    Servicer Notices

    	 	Exhibit PP-27	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	22.
    Compliance with Usury Laws. The mortgage rate (exclusive of any default interest, late charges, Yield Maintenance Charge,
    or Prepayment Premium) of such Mortgage Loan complied as of the date of origination with, or was exempt from, applicable state or
    federal laws, regulations and other requirements pertaining to usury.	22a	Review
    the MS Servicer Notices for a notation or other indication of any claim or assertion to the effect that the terms of the Mortgage
    Loan do not comply with applicable local, state, and federal laws in any material respect. If such a notation or other indication
    is not found, it will be a Test pass.	MS
    Servicer Notices
	22b	Review
    the MS Servicer Notices for a notation or other indication of any claim or assertion to the effect that any material requirements
    pertaining to the origination of any Mortgage Loan, including but not limited to, usury and any and all other material requirements
    of any federal, state or local law have not been complied with. If such a notation or other indication is not found, it will be a
    Test pass.	MS
    Servicer Notices
	22c	Review
    the Mortgage Loan Documents to determine if they provide that the Mortgage Loan complied with usury laws. If so determined, it will
    be a Test pass.	Mortgage
    Loan Documents
	23.
    Authorized to do Business. To the extent required under applicable law, as of the Cut-off Date or as
    of the date that such entity held the Mortgage Note, each holder of the Mortgage Note was authorized to transact and do business
    in the jurisdiction in which each related Mortgaged Property is located, or the failure to be so authorized does not materially and
    adversely affect the enforceability of such Mortgage Loan by the Trust.	23	Review
    the MS Servicer Notices for a notation or other indication of any claim or assertion that as of the date that the Mortgage Loan Seller
    or any prior Mortgagee held the Mortgage Note, each such holder of the Mortgage Note was not authorized to transact or do business
    in the jurisdiction in which each related Mortgaged Property is located. If such a notation or other indication is found, determine
    whether the failure to be so authorized could not materially and adversely affect the enforceability of such Mortgage Loan by the
    Trust. If so determined, it will be a Test pass.	MS
    Servicer Notices

    	 	Exhibit PP-28	 

     

    

 

 

	Representations
    and Warranties	          Test	Review
    Materials
	24.
    Trustee under Deed of Trust. With respect to each Mortgage which is a deed of trust, as of the date of origination and, to
    the Mortgage Loan Seller’s knowledge, as of the Closing Date, a trustee, duly qualified under applicable law to serve as such,
    currently so serves and is named in the deed of trust or has been substituted in accordance with the Mortgage and applicable law
    or may be substituted in accordance with the Mortgage and applicable law by the related Mortgagee.	24	Review
    the Mortgage Loan Documents to determine if a trustee is appointed. If so determined, it will be a Test pass.	Mortgage
    Loan Documents
		 	 
	25.
    Local Law Compliance. To the Mortgage Loan Seller’s knowledge, based upon any of a letter from any governmental authorities,
    a legal opinion, an architect’s letter, a zoning consultant’s report, an endorsement to the related Title Policy, a survey,
    or other affirmative investigation of local law compliance consistent with the investigation conducted by the Mortgage Loan Seller
    for similar commercial and multifamily mortgage loans intended for securitization, the improvements located on or forming part of
    each Mortgaged Property securing a Mortgage Loan are in material compliance with applicable laws, zoning ordinances, rules, covenants,
    and restrictions (collectively “Zoning Regulations”) governing the occupancy, use, and operation of such Mortgaged
    Property or constitute a legal non-conforming use or structure and any non-conformity with zoning laws constitutes a legal non-conforming
    use or structure which does not materially and adversely affect the use, operation or value of such Mortgaged Property.  In
    the event of casualty or destruction, (a) the Mortgaged Property may be restored or repaired to the full extent necessary to maintain
    the use of the structure immediately prior to such casualty or destruction, (b) law and ordinance insurance coverage has been obtained
    for the Mortgaged Property in amounts customarily required by the 	25a	Review
    the zoning report, a letter from any governmental authorities, a legal opinion, an architect’s letter, a zoning consultant’s
    report, an endorsement to the related Title Policy, a survey or other affirmative investigation of local law compliance consistent
    with the investigation conducted by the Mortgage Loan Seller for similar commercial and multifamily mortgage loans intended for securitization
    to determine if the improvements located on or forming part of each Mortgaged Property securing a Mortgage Loan are in material compliance
    with applicable Zoning Regulations governing the occupancy, use, and operation of such Mortgaged Property or constitute a legal non-conforming
    use or structure. If so determined, it will be a Test pass.	Zoning
    report; Letter from any governmental authorities; Legal opinion; Architect’s letter; Endorsement  to the related
    Title Policy; Survey; Other affirmative investigation conducted by the Mortgage Loan Seller for similar commercial and multifamily
    mortgage loans intended for securitization
	25b	Review
    the zoning report, a letter from any governmental authorities, a legal opinion, an architect’s letter, a zoning consultant’s
    report, an endorsement to the related Title Policy, a survey or other affirmative investigation of local law compliance consistent
    with the investigation conducted by the Mortgage Loan Seller for similar 	Zoning
    report; Letter from any governmental authorities; Legal opinion; Architect’s letter; Endorsement  to the related
    Title Policy; Survey; Other affirmative investigation 

 

    	 	Exhibit PP-29	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	Mortgage
    Loan Seller for similar commercial and multifamily loans intended for securitization, (c) title insurance policy coverage has been
    obtained with respect to any non-conforming use or structure, or (d) the inability to restore the Mortgaged Property to the full
    extent of the use or structure immediately prior to the casualty would not materially and adversely affect the use or operation of
    such Mortgaged Property. The Mortgage Loan documents require the related Mortgagor to be qualified to do business in the jurisdiction
    in which the related Mortgaged Property is located.	 	commercial
    and multifamily mortgage loans intended for securitization to determine if any non-conformity with zoning laws constitutes a legal
    non-conforming use or structure which does not materially and adversely affect the use or operation of such Mortgaged Property. If
    so determined, review the Insurance Summary Report to determine if title insurance policy was obtained prior to the Closing Date
    with respect to any non-conforming use or structure. If so determined, it will be a Test pass.	conducted
    by the Mortgage Loan Seller for similar commercial and multifamily mortgage loans intended for securitization; Insurance Summary
    Report
	25c	Review
    the Mortgage Loan Documents for provisions to the effect that, in the event of casualty or destruction, the Mortgaged Property may
    be restored or repaired to the full extent necessary to maintain the use of the structure immediately prior to such casualty or destruction.
    If such provisions are found, it will be a Test pass.	Mortgage
    Loan Documents
	25d	If
    the zoning report, a letter from any governmental authorities, a legal opinion, an architect’s letter, a zoning consultant’s
    report, an endorsement to the related Title Policy, a survey or other affirmative investigation of local law compliance consistent
    with the investigation conducted by the Mortgage Loan Seller for similar commercial and multifamily mortgage loans intended for securitization
    indicates that all or any part of the Mortgaged Property do not comply with zoning laws, review the Insurance Summary Report (or
    solely with respect to residential cooperative properties, review the insurance policies and/or certificates of insurance) to determine
    if law and ordinance coverage was obtained prior to the	Zoning
    report; Insurance Summary Report (solely with respect to residential cooperative properties, the insurance policies and/or certificates
    of insurance); Letter from any governmental authorities; Legal opinion; Architect’s letter; Endorsement  to the
    related Title Policy; Survey; Other affirmative investigation conducted by the Mortgage Loan Seller

    	 	Exhibit PP-30	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	 		Closing
    Date that provides coverage for additional costs to rebuild and/or repair the property to current Zoning Regulations. If not so determined,
    review the Title Policy to determine if it insures over such nonconformity. If so determined, it will be a Test pass.	for
    similar commercial and multifamily mortgage loans intended for securitization
	 	25e	Review
    the Mortgage Loan Documents for provisions that require the related Mortgagor to be qualified to do business in the jurisdiction
    in which the related Mortgaged Property is located. If such provisions are found, it will be a Test pass.	Mortgage
    Loan Documents
	26.
    Licenses and Permits. Each Mortgagor covenants in the Mortgage Loan documents that it shall keep all material licenses, permits,
    franchises, certificates of occupancy and applicable governmental approvals necessary for the operation of the Mortgaged Property
    in full force and effect, and to the Mortgage Loan Seller’s knowledge based upon any of a letter from any government authorities,
    zoning consultant’s report or other affirmative investigation of local law compliance consistent with the investigation conducted
    by the Mortgage Loan Seller for similar commercial and multifamily mortgage loans intended for securitization; all such material
    licenses, permits, franchises, certificates of occupancy and applicable governmental approvals are in effect or the failure to obtain
    or maintain such material licenses, permits, franchises or certificates of occupancy and applicable governmental approvals does not
    materially and adversely affect the use and/or operation of the Mortgaged Property as it was used and operated as of the date of
    origination of the Mortgage Loan or the rights of a holder of the related Mortgage Loan.  The Mortgage Loan documents
    require the related Mortgagor to comply in all material	26a	Review
    the Mortgage Loan Documents to determine if the Mortgagor has covenanted to keep all material licenses, permits, franchises, certificates
    of occupancy and applicable governmental approvals necessary for the operation of the Mortgaged Property in full force and effect.
    If so determined, it will be a Test pass.	Mortgage
    Loan Documents
	26b	Review
    the Mortgage Loan Documents and the MS Servicer Notices for a notation or other indication that (a) the Mortgage Loan Seller had
    knowledge that any licenses, permits, franchises, certificates of occupancy and applicable governmental approvals necessary for the
    operation of the Mortgaged Property are not in effect, and (b) the failure to obtain or maintain such material licenses, permits,
    franchises or certificates of occupancy  and applicable governmental approvals necessary could materially and adversely
    affect the use and/or operation of the Mortgaged Property as it was used and operated as of the date of origination of the Mortgage
    Loan or the rights of a holder or the related Mortgage Loan. If such a notation or other indication is not found, it will be a Test
    pass.	Mortgage
    Loan Documents; MS Servicer Notices

 

    	 	Exhibit PP-31	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	respects
    with all applicable regulations, zoning and building laws.	26c	Review
    the Mortgage Loan Documents for provisions requiring the related Mortgagor and the Mortgaged Property to comply in all material respects
    with all applicable regulations, zoning and building laws. If such provisions are found, it will be a Test pass.	Mortgage
    Loan Documents
	27.
    Recourse Obligations. The Mortgage Loan documents for each Mortgage Loan (a) provide that such Mortgage Loan becomes full
    recourse to the Mortgagor and guarantor (which is a natural person or persons, or an entity or entities distinct from the Mortgagor
    (but may be affiliated with the Mortgagor) that collectively, as of the date of origination of the related Mortgage Loan, have assets
    other than equity in the related Mortgaged Property that are not de minimis) in any of the following events (or negotiated
    provisions of substantially similar effect):  (i) if any petition for bankruptcy, insolvency, dissolution or liquidation
    pursuant to federal bankruptcy law, or any similar federal or state law, shall be filed by, consented to, or acquiesced in by, the
    Mortgagor; (ii) the Mortgagor or guarantor shall have solicited or caused to be solicited petitioning creditors to cause an involuntary
    bankruptcy filing with respect to the Mortgagor or (iii) voluntary transfers of either the Mortgaged Property or controlling equity
    interests in the Mortgagor made in violation of the Mortgage Loan documents; and (b) contains provisions for recourse against the
    Mortgagor and guarantor (which is a natural person or persons, or an entity or entities distinct from the Mortgagor (but may be affiliated
    with the Mortgagor) that collectively, as of the date of origination of the related Mortgage Loan, have assets other than equity
    in the related Mortgaged Property that are not de minimis), for losses and damages resulting from the following (or negotiated	27a	Review
    the Mortgage Loan Documents for provisions permitting full recourse to the Mortgagor and guarantor (which is a natural person or
    persons, or an entity or entities distinct from the Mortgagor (but may be Affiliated with the Mortgagor) that collectively, as of
    the date of origination of the related Mortgage Loan, have assets other than equity in the related Mortgaged Property that are not
    de minimis)  in connection with the events or circumstances set forth in clauses (a)(i) through (a)(iii) of
    representation and warranty 27. If such provisions are found, it will be a Test pass.	Mortgage
    Loan Documents
	27b	Review
    the Mortgage Loan Documents to determine if there exist provisions permitting recourse against the Mortgagor and guarantor (which
    is a natural person or persons, or an entity or entities distinct from the Mortgagor (but may be Affiliated with the Mortgagor) that
    collectively, as of the date of origination of the related Mortgage Loan, have assets other than equity in the related Mortgaged
    Property that are not de minimis), for losses and damages resulting from the events or circumstances set forth in clauses
    (b)(i) through (b)(iv) of representation and warranty 27. If so determined, it will be a Test pass.	Mortgage
    Loan Documents

    	 	Exhibit PP-32	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	provisions
    of substantially similar effect):  (i) the Mortgagor’s misappropriation of rents after an event of default, security
    deposits, insurance proceeds, or condemnation awards; (ii) the Mortgagor’s fraud or intentional material misrepresentation;
    (iii) breaches of the environmental covenants in the Mortgage Loan documents; or (iv) the Mortgagor’s commission of intentional
    material physical waste at the Mortgaged Property (but, in some cases, only to the extent there is sufficient cash flow generated
    by the related Mortgaged Property to prevent such waste).	 	 	 
	28.
                                            Mortgage Releases. The terms of the related Mortgage or related Mortgage Loan documents
                                            do not provide for release of any material portion of the Mortgaged Property from the lien
                                            of the Mortgage except (a) a partial release, accompanied by principal repayment, or partial
                                            defeasance (as described in representation and warranty 33) of not less than a specified
                                            percentage at least equal to 110% of the related allocated loan amount of such portion of
                                            the Mortgaged Property, (b) upon payment in full of such Mortgage Loan, (c) upon a Defeasance
                                            (defined in representation and warranty 33 below), (d) releases of out-parcels that are unimproved
                                            or other portions of the Mortgaged Property which will not have a material adverse effect
                                            on the underwritten value of the Mortgaged Property and which were not afforded any material
                                            value in the appraisal obtained at the origination of the Mortgage Loan and are not necessary
                                            for physical access to the Mortgaged Property or compliance with zoning requirements, or
                                            (e) as required pursuant to an order of condemnation. With respect to any partial release
                                            under the preceding clauses (a) or (d), either: (x) such release of collateral (i) would
                                            not constitute a “significant modification”
	28a	Review
    the Mortgage Loan Documents for provisions stating that, if the related Mortgage Loan Documents permit a property release, the only
    conditions under which a property may be released during the life of the Mortgage Loan are as set forth in clauses (a) through (e)
    of the first sentence of representation and warranty 28. If such provisions are found, it will be a Test pass.	Mortgage
    Loan Documents
	28b	Review
    the Mortgage Loan Documents for provisions stating that with respect to any partial release described in clauses (a) or (d) of the
    first sentence of representation and warranty 28 either: (x) such release of collateral (i) would not constitute a “significant
    modification” of the subject Mortgage Loan within the meaning of Treasury Regulations Section 1.860G-2(b)(2) and (ii) would
    not cause the subject Mortgage Loan to fail to be a “qualified mortgage” within the meaning of Section 860G(a)(3)(A)
    of the Code; or (y) the Mortgagee or servicer can, in accordance with the related Loan Documents, condition such release of collateral
    on the related Mortgagor’s delivery of an opinion of tax counsel to the effect specified in the	Mortgage
    Loan Documents

 

    	 	Exhibit PP-33	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	of
                                            the subject Mortgage Loan within the meaning of Treasury Regulations Section 1.860G-2(b)(2)
                                            and (ii) would not cause the subject Mortgage Loan to fail to be a “qualified mortgage”
                                            within the meaning of Section 860G(a)(3)(A) of the Code; or (y) the Mortgagee or servicer
                                            can, in accordance with the related Mortgage Loan documents, condition such release of collateral
                                            on the related Mortgagor’s delivery of an opinion of tax counsel to the effect specified
                                            in the immediately preceding clause (x). For purposes of the preceding clause (x), if the
                                            fair market value of the real property constituting such Mortgaged Property (reduced by (1)
                                            the amount of any lien on the real property that is senior to the Mortgage Loan and (2) a
                                            proportionate amount of any lien on the real property that is in parity with the Mortgage
                                            Loan) after the release is not equal to at least 80% of the principal balance of the Mortgage
                                            Loan (together with any related Pari Passu Companion Loans) outstanding after the release,
                                            the Mortgagor is required to make a payment of principal in an amount not less than the amount
                                            required by the REMIC Provisions.

 

In
the case of any Mortgage Loan, in the event of a taking of any portion of a Mortgaged Property by a State or any political subdivision
or authority thereof, whether by legal proceeding or by agreement, unless an opinion of counsel is delivered as specified in clause (y)
of the preceding paragraph, the Mortgagor can be required to pay down the principal balance of the Mortgage Loan (together with any related
Pari Passu Companion Loans) in an amount not less than the amount required by the REMIC Provisions and, to such extent, the award from
any such taking may not be 
	 	immediately
    preceding clause (x). For purposes of the preceding clause (x), if the fair market value of the real property constituting such Mortgaged
    Property (reduced by (1) the amount of any lien on the real property that is senior to the Mortgage Loan and (2) a proportionate
    amount of any lien on the real property that is in parity with the Mortgage Loan) after the release is not equal to at least 80%
    of the principal balance of the Mortgage Loan (together with any related Pari Passu Companion Loans) outstanding after the release,
    the Mortgagor is required to make a payment of principal in an amount not less than the amount required by the REMIC Provisions.
    If such provisions are found, it will be a Test pass.	 
	28c	Review
    the Loan Documents for provisions stating that in the case of any Mortgage Loan, in the event of a taking of any portion of a Mortgaged
    Property by a State or any political subdivision or authority thereof, whether by legal proceeding or by agreement, the Mortgagor
    can be required to pay down the principal balance of the Mortgage Loan (together with any related Pari Passu Companion Loans) in
    an amount not less than the amount required by the REMIC Provisions and, to such extent, the award from any such taking may not be
    required to be applied to the restoration of the Mortgaged Property or released to the Mortgagor, if, immediately after the release
    of such portion of the Mortgaged Property from the lien of the Mortgage (but taking into account the planned restoration) the fair
    market value of the real property constituting the remaining Mortgaged Property 	Mortgage
    Loan Documents

 

    	 	Exhibit PP-34	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	required
                                            to be applied to the restoration of the Mortgaged Property or released to the Mortgagor,
                                            if, immediately after the release of such portion of the Mortgaged Property from the lien
                                            of the Mortgage (but taking into account the planned restoration) the fair market value of
                                            the real property constituting the remaining Mortgaged Property (reduced by (1) the amount
                                            of any lien on the real property that is senior to the Mortgage Loan and (2) a proportionate
                                            amount of any lien on the real property that is in parity with the Mortgage Loan) is not
                                            equal to at least 80% of the remaining principal balance of the Mortgage Loan (together with
                                            any related Pari Passu Companion Loans).

 

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

	 	(reduced
    by (1) the amount of any lien on the real property that is senior to the Mortgage Loan and (2) a proportionate amount of any lien
    on the real property that is in parity with the Mortgage Loan) is not equal to at least 80% of the remaining principal balance of
    the Mortgage Loan (together with any related Pari Passu Companion Loans). If such provisions are found, it will be a Test pass.	 
	28d	Review
    the Mortgage Loan Documents for provisions stating that no such Mortgage Loan that is secured by more than one Mortgaged Property
    or that is cross- collateralized with another Mortgage Loan permits the release of cross-collateralization of the related Mortgaged
    Properties or a portion thereof, including due to a partial condemnation, other than in compliance with the REMIC Provisions. If
    such provisions are found, it will be a Test pass.	Mortgage
    Loan Documents
	29.
    Financial Reporting and Rent Rolls. Each Mortgage Loan requires the Mortgagor to provide the owner or holder of the Mortgage
    Loan with (a) quarterly (other than for single-tenant properties) and annual operating statements, (b) quarterly (other than for
    single-tenant properties) rent rolls (or maintenance schedules in the case of Mortgage Loans secured by residential cooperative properties)
    for properties that have any individual lease which accounts for more than 5% of the in-place base rent, and (c) annual financial
    statements.	29a	Review
    the Mortgage Loan Documents for provisions that require the Mortgagor to provide the owner or holder of the Mortgage Loan with quarterly
    (other than for single-tenant properties) and annual operating statements. If such provisions are found, it will be a Test pass.	Mortgage
    Loan Documents
	29b	Review
    the Mortgage Loan Documents for provisions that require the Mortgagor to provide the owner or holder of the Mortgage Loan with quarterly
    (other than for single-tenant properties) rent rolls (or maintenance schedules in the case of Mortgage Loans secured by residential
    cooperative properties) for 	Mortgage
    Loan Documents

    	 	Exhibit PP-35	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	 	 	properties
    that have any individual ease which accounts for more than 5% of the in-place base rent and annual financial statements.  If
    such provisions are found, it will be a Test pass.	 
	30.
    Acts of Terrorism Exclusion. With respect to each Mortgage Loan over $20 million, and to the Mortgage Loan Seller’s
    knowledge with respect to each Mortgage Loan of $20 million or less, as of origination the related special-form all-risk insurance
    policy and business interruption policy (issued by an insurer or insurers meeting the Insurance Ratings Requirements) do not specifically
    exclude Acts of Terrorism, as defined in the Terrorism Risk Insurance Act of 2002, as amended (collectively referred to as “TRIPRA”),
    from coverage, or if such coverage is excluded, it is covered by a separate terrorism insurance policy.  With respect
    to each Mortgage Loan, the related Mortgage Loan documents do not expressly waive or prohibit the Mortgagee from requiring coverage
    for Acts of Terrorism, as defined in TRIPRA, or damages related thereto, except to the extent that any right to require such coverage
    may be limited by commercial availability on commercially reasonable terms, or as otherwise indicated on Schedule C to the applicable
    Mortgage Loan Purchase Agreement; provided that if TRIPRA or a similar or subsequent statute is not in effect, then, provided
    that terrorism insurance is commercially available, the Mortgagor under each Mortgage Loan is required to carry terrorism insurance,
    but in such event the Mortgagor shall not be required to spend on terrorism insurance coverage more than two times the amount of
    the insurance premium that is payable in respect of the property and business interruption/rental loss insurance required under the
    related 	30a	Review
    the Mortgage Loan Documents to determine if the original principal balance was greater than $20 million. If so, review the insurance
    coverage review document for an indication that the special-form all-risk insurance policy and business interruption policy (issued
    by an insurer or insurers meeting the Insurance Rating Requirements) do not specifically exclude acts of terrorism, from coverage,
    or if they do, there exists a separate terrorism insurance policy related to the Mortgaged Property.  If such an indication
    is found, it will be a Test pass.	Mortgage
    Loan Documents; Insurance coverage review document
	30b	Review
    the Mortgage Loan Documents for provisions that do not expressly waive or prohibit the Mortgagee from requiring coverage for Acts
    of Terrorism, as defined in TRIPRA (as defined in representation and warranty 30), or damages related thereto, except to the extent
    that any right to require such coverage may be limited by commercial availability on commercially reasonable terms, or as otherwise
    indicated on Schedule C to the applicable Mortgage Loan Purchase Agreement; provided, that if TRIPRA or a similar or subsequent
    statute is not in effect, then, provided that terrorism insurance is commercially available, the Mortgagor under each Mortgage
    Loan is required to carry terrorism insurance, but in such event the Mortgagor shall not be required to spend on terrorism insurance
    coverage more than two times the amount of 	Mortgage
    Loan Documents

    	 	Exhibit PP-36	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	Mortgage
    Loan documents (without giving effect to the cost of terrorism and earthquake components of such casualty and business interruption/rental
    loss insurance) at the time of the origination of the Mortgage Loan, and if the cost of terrorism insurance exceeds such amount,
    the Mortgagor is required to purchase the maximum amount of terrorism insurance available with funds equal to such amount.	 	the
    insurance premium that is payable in respect of the property and business interruption/rental loss insurance required under the related
    Mortgage Loan documents (without giving effect to the cost of terrorism and earthquake components of such casualty and business interruption/rental
    loss insurance) at the time of the origination of the Mortgage Loan, and if the cost of terrorism insurance exceeds such amount,
    the Mortgagor is required to purchase the maximum amount of terrorism insurance available with funds equal to such amount. If such
    provisions are not found, it will be a Test pass.	 
	31.
    Due on Sale or Encumbrance. Subject to specific exceptions set forth below, each Mortgage Loan contains a “due-on-sale”
    or other such provision for the acceleration of the payment of the unpaid principal balance of such Mortgage Loan if, without the
    consent of the holder of the Mortgage (which consent, in some cases, may not be unreasonably withheld) and/or complying with the
    requirements of the related Mortgage Loan documents (which provide for transfers without the consent of the Mortgagee which are customarily
    acceptable to the Mortgage Loan Seller, including, but not limited to, transfers of worn-out or obsolete furnishings, fixtures, or
    equipment promptly replaced with property of equivalent value and functionality and transfers by leases entered into in accordance
    with the Mortgage Loan documents), (a) the related Mortgaged Property, or any equity interest of greater than 50% in the related
    Mortgagor, is directly or indirectly pledged, transferred or sold (in each case a “Transfer”), other than as related
    to (i) family and estate planning Transfers or Transfers upon death or legal	31a	Review
    the Mortgage Loan Documents for “due-on-sale” or other such provisions for the acceleration of the payment of the unpaid
    principal balance of such Mortgage Loan in the circumstances described in the first sentence of representation and warranty 31. If
    such provisions are found, it will be a Test pass.	Mortgage
    Loan Documents
	31b	Review
    the Mortgage Loan Documents for provisions that require that if Rating Agency fees are incurred in connection with the review of
    and consent to any transfer or encumbrance, the Mortgagor is responsible for such payment along with all other reasonable fees and
    expenses incurred by the Mortgagee relative to such transfer or encumbrance. If such provisions are found, it will be a Test pass.	Mortgage
    Loan Documents

 

    	 	Exhibit PP-37	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	incapacity,
                                            (ii) Transfers to certain affiliates as defined in the related Mortgage Loan documents, (iii)
                                            Transfers of less than, or other than, a controlling interest in a Mortgagor, (iv) Transfers
                                            to another holder of direct or indirect equity in the Mortgagor, a specific Person designated
                                            in the related Mortgage Loan documents or a Person satisfying specific criteria identified
                                            in the related Mortgage Loan documents, (v) Transfers of common stock in publicly traded
                                            companies, (vi) a substitution or release of collateral within the parameters of representation
                                            and warranties 28 and 33 herein, or (vii) by reason of any mezzanine debt that existed at
                                            the origination of the related Mortgage Loan as set forth on Exhibit C-32-1 to the applicable
                                            Mortgage Loan Purchase Agreement, or future permitted mezzanine debt  as set
                                            forth on Exhibit C-32-2 to the applicable Mortgage Loan Purchase Agreement 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) purchase money security interests (iii) any Mortgage Loan that is cross-collateralized
                                            and cross-defaulted with another Mortgage Loan as set forth on Exhibit C-32-3 to the applicable
                                            Mortgage Loan Purchase Agreement or (iv) Permitted Encumbrances.  The Mortgage
                                            or other Mortgage Loan documents provide that to the extent any Rating Agency fees are incurred
                                            in connection with the review of and consent to any transfer or encumbrance, the Mortgagor
                                            is responsible for such payment along with all other reasonable fees and 
	 		 

 

    	 	Exhibit PP-38	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	expenses
    incurred by the Mortgagee relative to such transfer or encumbrance.	 	 	 
	32.
    Single-Purpose Entity. Each Mortgage Loan requires the Mortgagor to be a Single-Purpose Entity for at least as long as the
    Mortgage Loan is outstanding.  Each Mortgage Loan with a Cut-off Date Balance of $30 million or more has a counsel’s
    opinion regarding non-consolidation of the Mortgagor.  For this purpose, a “Single-Purpose Entity” shall
    mean an entity, other than an individual, whose organizational documents and the related Mortgage Loan documents (or if the Mortgage
    Loan has a Cut-off Date Balance equal to $10 million or less, its organizational documents or the related Mortgage Loan documents)
    provide substantially to the effect that it was formed or organized solely for the purpose of owning and operating one or more of
    the Mortgaged Properties and prohibit it from engaging in any business unrelated to such Mortgaged Property or Mortgaged Properties,
    and whose organizational documents further provide, or which entity represented in the related Mortgage Loan documents, substantially
    to the effect that it does not have any assets other than those related to its interest in and operation of such Mortgaged Property
    or Mortgaged Properties, or any indebtedness other than as permitted by the related Mortgage(s) or the other related Mortgage Loan
    documents, that it has its own books and records and accounts separate and apart from those of any other person (other than a Mortgagor
    for a Mortgage Loan that is cross-collateralized and cross-defaulted with the related Mortgage Loan), and that it holds itself out
    as a legal entity, separate and apart from any other person or entity.	32a	Review
    the Mortgage Loan Documents for provisions that require that the Mortgagor to be a Single-Purpose Entity (as defined in representation
    and warranty 32) for at least as long as any Mortgage Loan is outstanding. If such provisions are found, it will be a Test pass.	Mortgage
    Loan Documents
	32b	Review
    the Mortgage Loan Schedule for the Cut-off Date Balance of the Mortgage Loan. If the Mortgage Loan had a Cut-off Date Balance in
    excess of $10 million, review the related Mortgage Loan Documents and the Mortgagor’s organizational documents for provisions
    that require the Mortgagor to be a Single-Purpose Entity. If the provisions exist, it will be a Test pass.	Mortgage
    Loan Schedule; Mortgage Loan Documents; Mortgagor’s organizational documents
	32c	Review
    the Mortgage Loan Schedule for the Cut-off Date Balance of the Mortgage Loan. If the Mortgage Loan had a Cut-off Date Balance in
    excess of $30 million, review the Mortgagor’s Counsel Opinion regarding non-consolidation of the Mortgagor. If such an opinion
    is found, it will be a Test pass.	Mortgage
    Loan Schedule; Mortgagor’s Counsel Opinion

    	 	Exhibit PP-39	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	33.
    Defeasance. With respect to any Mortgage Loan that, pursuant to the Mortgage Loan documents, can be defeased (a “Defeasance”),
    (i) the Mortgage Loan documents provide for defeasance as a unilateral right of the Mortgagor, subject to satisfaction of conditions
    specified in the Mortgage Loan documents; (ii) the Mortgage Loan cannot be defeased within two years after the Closing Date; (iii)
    the Mortgagor is permitted to pledge only United States “government securities” within the meaning of Treasury Regulations
    Section 1.860G-2(a)(8)(ii), the revenues from which will be sufficient to make all scheduled payments under the Mortgage Loan when
    due, including the entire remaining principal balance on the maturity date (or on or after the first date on which payment may be
    made without payment of a Yield Maintenance Charge or Prepayment Premium) or, if the Mortgage Loan is an ARD Loan, the entire principal
    balance outstanding on the Anticipated Repayment Date (or on or after the first date on which payment may be made without payment
    of a Yield Maintenance Charge or Prepayment Premium), and if the Mortgage Loan permits partial releases of real property in connection
    with partial defeasance, the revenues from the collateral will be sufficient to pay all such scheduled payments calculated on a principal
    amount equal to a specified percentage at least equal to 110% of the allocated loan amount for the real property to be released;
    (iv) the defeasance collateral is not permitted to be subject to prepayment, call, or early redemption; (v) the Mortgagor is required
    to provide a certification from an independent certified public accountant that the collateral is sufficient to make all scheduled
    payments under the Mortgage Note as set forth in clause (iii) above; (vi) the defeased note and the 	33	Review
    the Mortgage Loan Documents for provisions allowing the Mortgage Loan to be defeased, and if so, whether such Mortgage Loan Documents
    contain the provisions described in clauses (i) through (viii) of representation and warranty 33. If such provisions are found, it
    will be a Test pass.	Mortgage
    Loan Documents

 

    	 	Exhibit PP-40	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	defeasance
    collateral are required to be assumed by a Single-Purpose Entity; (vii) the Mortgagor is required to provide an opinion of counsel
    that the trustee has a perfected security interest in such collateral prior to any other claim or interest; and (viii) the Mortgagor
    is required to pay all rating agency fees associated with defeasance (if rating confirmation is a specific condition precedent thereto)
    and all other reasonable expenses associated with defeasance, including, but not limited to, accountant’s fees and opinions
    of counsel.	 	 	 
	34.
    Fixed Interest Rates. Each Mortgage Loan bears interest at a rate that remains fixed throughout the remaining term of such
    Mortgage Loan, except in the case of ARD Loans and in situations where default interest is imposed.	34	Review
    the Mortgage Loan Documents for an indication that the loan has a fixed interest rate that remains fixed throughout the term of such
    Mortgage Loan, except in the case of ARD Loans and situations where default interest is imposed. If such an indication is found,
    it will be a Test pass.	Mortgage
    Loan Documents
	35.
                                            Ground Leases. For purposes of these representations and warranties, a “Ground
                                            Lease” shall mean a lease creating a leasehold estate in real property where the
                                            fee owner as the ground lessor conveys for a term or terms of years its entire interest in
                                            the land and buildings and other improvements, if any, comprising the premises demised under
                                            such lease to the ground lessee (who may, in certain circumstances, own the building and
                                            improvements on the land), subject to the reversionary interest of the ground lessor as fee
                                            owner.

     

    With
    respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related
    Mortgage does not also encumber the related
	35a	Review
    the appraisal to determine if the Mortgage Loan is secured by a Ground Lease (as defined in representation and warranty 35), in whole
    or in part. If so, review the Title Policy and Mortgage Loan Documents for an indication that the related Mortgage does not also
    encumber the lessor’s fee interest in the Mortgaged Property. If such an indication exists, proceed to Tests 35b through 35r.	Appraisal;
    Title Policy; Mortgage Loan Documents
	35b	Review
    the Title Policy and Mortgage Loan Documents for an indication that the Ground Lease or memorandum has been recorded or submitted
    for recordation. If such indication is found, it will be a Test pass.	Title
    Policy; Mortgage Loan Documents

 

    	 	Exhibit PP-41	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	lessor’s
                                            fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any
                                            estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller,
                                            its successors and assigns (collectively, the “Ground Lease and Related Documents”),
                                            Mortgage Loan Seller represents and warrants that:

 

(a)       The
Ground Lease or a memorandum regarding such Ground Lease has been duly recorded or submitted for recordation in a form that is acceptable
for recording in the applicable jurisdiction. The Ground Lease and Related Documents permit the interest of the lessee to be encumbered
by the related Mortgage and do not restrict the use of the related Mortgaged Property by such lessee, its successors or assigns in a
manner that would materially adversely affect the security provided by the related Mortgage. No material change in the terms of the Ground
Lease has occurred since its recordation, except by any written instruments which are included in the related Mortgage File;

 

(b)       The
lessor under such Ground Lease has agreed in a writing included in the related Mortgage File (or in such Ground Lease and Related Documents)
that the Ground Lease may not be amended, modified, canceled or terminated by agreement of lessor and lessee without the prior written
consent of the Mortgagee and that any such action without such consent is not binding on the Mortgagee, its successors or assigns, provided
that the Mortgagee has provided lessor with notice of its lien in accordance with the terms of the Ground Lease;
	35c	Review
    the Ground Lease and Related Documents for an indication that the interest of the lessee is permitted to be encumbered by the Mortgage
    and does not restrict the use of the Mortgaged Property by such lessee, its successors or assigns in a manner that would adversely
    affect the security provided by the Mortgage. If such indication is found, it will be a Test pass.	Ground
    Lease and Related Documents
	35d	Review
    the MS Servicer Notices for notation that, as of the Closing Date, there was a material change in the terms of the Ground Lease since
    its recordation. If no such notation is found, it will be a Test pass. If such notation is found, review the Mortgage File for a
    modification agreement or other such instrument is in the Mortgage File. If the modification agreement or instrument is in the Mortgage
    File, it will be a Test pass.	MS
    Servicer Notices; Mortgage File
	35e	Review
    the Ground Lease and Related Documents for a provision that the Ground Lease may not be amended, modified, canceled or terminated
    without the prior written consent of the Mortgagee and that any such action without such consent is not binding on the Mortgagee,
    its successors or assigns, provided that Mortgagee has provided lessor with notice of its lien in accordance with the terms
    of the Ground Lease. If such a provision is found, it will be a Test pass.	Ground
    Lease and Related Documents
	35f	Review
    the Ground Lease and Related Documents for an indication that it has an original term (or an original term plus one or more optional
    renewal terms, which, under all circumstances, may be exercised, and will be enforceable, by either Mortgagor or the Mortgagee) 	Ground
    Lease and Related Documents

 

    	 	Exhibit PP-42	 

     

    

 

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

 

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

 

(e)       Subject
to the notice requirements of the Ground Lease and Related Documents, the Ground Lease does not place commercially unreasonable restrictions
on the identity of the Mortgagee and the Ground Lease is assignable to the holder of the Mortgage Loan and its successors and assigns
without the consent of the lessor thereunder (or, if such consent is required it either has been obtained or cannot be unreasonably withheld,
provided that such Ground Lease has not been terminated and all amounts due thereunder have been paid), and in the event it is so assigned,
it is further assignable by the holder of the Mortgage Loan and its successors and assigns without the consent of the lessor (or, if
	 	that
    extends not less than 20 years beyond the stated maturity of the related Mortgage Loan, or ten years past the stated maturity if
    such Mortgage Loan fully amortizes by the stated maturity (or with respect to a Mortgage Loan that accrues on an actual 360 basis,
    substantially  amortizes). If such an indication is found, it will be a Test pass.	 
	35g	Review
    the Title Policy for an indication that the Ground Lease is either (i) is not subject to any interests, estates, liens or encumbrances
    superior to, or of equal priority with, the Mortgage, except for the related fee interest of the ground lessor and the Permitted
    Encumbrances and Title Exceptions, or (ii) is the subject of a subordination, non-disturbance or attornment agreement or similar
    agreement to which the Mortgagee on the lessor’s fee interest is subject. If either indication is found, it will be a Test
    pass.	Title
    Policy; SNDA
	35h	Review
    the Ground Lease and Related Documents for an indication that the Ground Lease does not place commercially unreasonable restrictions
    on the identity of the Mortgagee and the Ground Lease is assignable to the holder of the Mortgage Loan and its successors and assigns
    without the consent of the lessor thereunder (or, if such consent is required it either has been obtained or cannot be unreasonably
    withheld, provided that such Ground Lease has not been terminated an all amounts due thereunder have been paid). If such indication
    is found, it will be a Test pass.	Ground
    Lease and Related Documents
	35i	Review
the Ground Lease and Related Documents for an indication that in the event it is so assigned, it is 	Ground
    Lease and Related Documents

 

    	 	Exhibit PP-43	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	such
                                            consent is required it either has been obtained or cannot be unreasonably withheld, provided
                                            that such Ground Lease has not been terminated and all amounts due thereunder have been paid);

 

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

 

(g)       The
Ground Lease and Related Documents require the lessor to give to the Mortgagee written notice of any default, and provide that no notice
of default or termination is effective against the Mortgagee unless such notice is given to the Mortgagee;

 

(h)       A
Mortgagee is permitted a reasonable opportunity (including, where necessary, sufficient time to gain possession of the interest of the
lessee under the Ground Lease through legal proceedings) to cure any default under the Ground Lease which is curable after the Mortgagee’s
receipt of notice of any default before the lessor may terminate the Ground Lease;
	 	further
    assignable by the holder of the Mortgage Loan and its successors and assigns without the consent of the lessor (or, if such consent
    is required it either has been obtained or cannot be unreasonably withheld, provided that such Ground Lease has not been terminated
    an all amounts due thereunder have been paid). If such indication is found, it will be a Test pass.	 
	35j	Review
    the MS Servicer Notices for notation that the Mortgage Loan Seller has received any written notice of material default under or notice
    of termination of such Ground Lease. If no such notation is found, it will be a Test pass.	MS
    Servicer Notices
	35k	Review
    the MS Servicer Notices for notation that to the Mortgage Loan Seller’s knowledge, there is a material default under such Ground
    Lease or condition that, but for the passage of time or giving of notice, would result in a material default under the terms of such
    Ground Lease. If no such notation is found, it will be a Test pass.	MS
    Servicer Notices
	35l	Review
    the MS Servicer Notices for a notation that to the Mortgage Loan Seller’s knowledge, such Ground Lease was not in full force
    and effect as of the Closing Date. If no such notation is found, it will be a Test pass.	MS
    Servicer Notices
	35m	Review
    the Ground Lease and Related Documents for provisions that the lessor is required to give to the Mortgagee written notice of any
    default, and provide that no notice of default or termination is effective against the Mortgagee unless such notice is given to 	Ground
    Lease and Related Documents

 

    	 	Exhibit PP-44	 

     

    

 

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

 

(j)       Under
the terms of the Ground Lease and Related Documents, any related insurance proceeds or the portion of the condemnation award allocable
to the ground lessee’s interest (other than in respect of a total or substantially total loss or taking as addressed in subpart
(k)) will be applied either to the repair or to restoration of all or part of the related Mortgaged Property with (so long as such proceeds
are in excess of the threshold amount specified in the related Mortgage Loan documents) the 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 of the outstanding principal balance
of the Mortgage Loan, together with any accrued interest;

 

(k)       In
the case of a total or substantially total taking or loss, under the terms of the Ground Lease and Related Documents, any related insurance
proceeds, or portion of the condemnation award allocable to ground lessee’s interest in respect of a total or substantially total
loss or taking of the related Mortgaged Property to the extent not applied to restoration, will be applied first to the payment of the
outstanding principal balance of the Mortgage Loan, together with any accrued interest; and
	 	the
    Mortgagee. If such provisions are found, it will be a Test pass.	 
	35n	Review
    the Ground Lease and Related Documents for provisions that 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 through legal proceedings) to
    cure any default under the Ground Lease which is curable after the Mortgagee’s receipt of notice of any default before the
    lessor may terminate the Ground Lease. If such provisions are found, it will be a Test pass.	Ground
    Lease and Related Documents
	35o	Review
    the Ground Lease for provisions that impose any commercially unreasonable restrictions on subletting in connection with the origination
    of similar commercial or multifamily loans intended for securitization. If no such provisions are found, it will be a Test pass.	Ground
    Lease
	35p	Review
    the Ground Lease and Related Documents and the Mortgage Loan Documents for an indication that any related insurance proceeds or the
    portion of the condemnation award allocable to the ground lessee’s interest (other than in respect of a total or substantially
    total loss or taking as addressed in subpart (34k)) will be applied either to the repair or to restoration of all or part of the
    related Mortgaged Property with (so long as such proceeds are in excess of the threshold amount specified in the related Mortgage
    Loan Documents) the 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 of the 	Ground
    Lease and Related Documents; Mortgage Loan Documents

 

    	 	Exhibit PP-45	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	

(l)       Provided
that the Mortgagee cures any defaults which are susceptible to being cured, the ground lessor has agreed to enter into a new lease with
the Mortgagee upon termination of the Ground Lease for any reason, including rejection of the Ground Lease in a bankruptcy proceeding.
	 	outstanding
    principal balance of the Mortgage Loan, together with any accrued interest. If such indications are found, it will be a Test pass.	 
	35q	Review
    the Ground Lease and Related Documents and the  Mortgage Loan Documents for an indication that, in the case of a total
    or substantially total taking or loss, under the terms of the Ground Lease, an estoppel or other agreement and the related Mortgage
    (taken together), any related insurance proceeds, or portion of the condemnation award allocable to the ground lessee’s interest
    in respect of a total or substantially total loss or taking of the related Mortgaged Property to the extent not applied to restoration,
    will be applied first to the payment of the outstanding principal balance of the Mortgage Loan, together with any accrued interest.
    If such an indication is found, it will be a Test pass.	Ground
    Lease and Related Documents; Mortgage Loan Documents
	35r	Review
    the Ground Lease and Related Documents for provisions that, provided that the Mortgagee cures any defaults which are susceptible
    to being cured, the ground lessor has agreed to enter into a new lease with the Mortgagee upon termination of the Ground Lease for
    any reason, including rejection of the Ground Lease in a bankruptcy proceeding. If such provisions are found, it will be a Test pass.	Ground
    Lease and Related Documents
	36.
    Servicing. The servicing and collection practices used by the Mortgage Loan Seller with respect to the Mortgage Loan have
    been, in all respects legal and have met with customary industry standards for servicing of commercial loans for conduit loan programs.	36	Review
    the MS Servicer Notices for a notation or other indication of any claims or assertions to the effect that the servicing and collection
    practices used by the Mortgage Loan Seller with respect to the Mortgage Loan was not in all material respects legal, or in accordance
    with customary industry standards 	MS
    Servicer Notices

 

    	 	Exhibit PP-46	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	 	 	for
    servicing of commercial loans for conduit loan programs. If such a notation or other indication is not found, it will be a Test pass.	 
	37.
    Origination and Underwriting. The origination practices of the Mortgage Loan Seller (or the related originator if the Mortgage
    Loan Seller was not the originator) with respect to each Mortgage Loan have been, in all material respects, legal and as of the date
    of its origination, such Mortgage Loan and the origination thereof complied in all material respects with, or was exempt from, all
    requirements of federal, state or local law relating to the origination of such Mortgage Loan; provided that such representation
    and warranty does not address or otherwise cover any matters with respect to federal, state or local law otherwise covered in the
    related Mortgage Loan Purchase Agreement.	37	Review
    the MS Servicer Notices for notation to the effect that the origination practices of the Mortgage Loan Seller (or the related originator
    if the Mortgage Loan Seller was not the originator) with respect to each Mortgage Loan have not been, in all material respects, legal
    and as of the date of its origination, such Mortgage Loan, or the origination thereof did not comply 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
    representation and warranty 37 does not address or otherwise cover any matters with respect to federal, state or local law otherwise
    covered in the related Mortgage Loan Purchase Agreement. If no such notation is found, it will be a Test pass.	MS
    Servicer Notices;
	38.
    Intentionally Omitted.	38	N/A	N/A
	39.
    No Material Default; Payment Record. No Mortgage Loan has been more than 30 days delinquent, without giving effect to any
    grace or cure period, in making required payments in the prior 12 months (or since origination if such Mortgage Loan has been originated
    within the past 12 months), and as of Cut-off Date, no Mortgage Loan is delinquent (beyond any applicable grace or cure period) in
    making required payments.  To the Mortgage Loan Seller’s knowledge, there is (a) no material default, breach,
    violation or event of acceleration existing under the related Mortgage Loan, or (b) no event (other than payments due but not yet
    delinquent) which, with 	39a	Review
    the MS Servicer Notices for notation that (i) the Mortgage Loan has been more than 30 days delinquent, giving effect to any grace
    or cure period, in making required payments in the prior 12 months (or since origination if such Mortgage Loan has been originated
    within the past 12 months), or (ii) the Mortgage Loan was delinquent beyond any applicable grace or cure periods as of the Cut-off
    Date. If no such notation is found, it will be a Test pass.	MS
    Servicer Notices
	39b	Review
    the MS Servicer Notices for notation of the Mortgage Loan Seller’s knowledge of (a) a material 	MS
    Servicer Notices

 

    	 	Exhibit PP-47	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	the
                                            passage of time or with notice and the expiration of any grace or cure period, would constitute
                                            a material default, breach, violation or event of acceleration, which default, breach, violation
                                            or event of acceleration, in the case of either clause (a) or clause (b), materially and
                                            adversely affects the value of the Mortgage Loan or the value, use or operation of the related
                                            Mortgaged Property; provided, however, that this representation and warranty does not cover
                                            any default, breach, violation or event of acceleration that specifically pertains to or
                                            arises out of an exception scheduled to any other representation and warranty made by the
                                            Mortgage Loan Seller in the applicable Mortgage Loan Purchase Agreement.  No
                                            person other than the holder of such Mortgage Loan may declare any event of default under
                                            the Mortgage Loan or accelerate any indebtedness under the Mortgage Loan documents.
	 	default,
    breach, violation or event of acceleration existing under the related Mortgage Loan, or (b) an event (other than payments due but
    not yet delinquent) which, with the passage of time or with notice and the expiration of any grace or cure period, would constitute
    a material default, breach, violation or event of acceleration, which default, breach, violation or event of acceleration in the
    case of either clause (a) or clause (b), materially and adversely affects the value of the Mortgage Loan or the value, use or operation
    of the related Mortgaged Property. If no such notation is found, it will be a Test pass.	 
	40.
    Bankruptcy. As of the date of origination of the related Mortgage Loan and to the Mortgage Loan Seller’s knowledge as
    of the Cut-off Date, neither the Mortgaged Property (other than any tenants of such Mortgaged Property), nor any portion thereof,
    is the subject of, and no Mortgagor, guarantor or tenant occupying a single-tenant property is a debtor in state or federal bankruptcy,
    insolvency or similar proceeding.	40	Review
    the Lexis/Nexis (or comparable search) and the MS Servicer Notices for an indication that the Mortgaged Property (other than any
    tenants of such Mortgaged Property), or any portion thereof, was the subject of, or a Mortgagor, guarantor or tenant occupying a
    single-tenant property was a debtor in, a state or federal bankruptcy, insolvency or similar proceeding. If no such indication or
    notation is found, it will be a Test pass.	Lexis/Nexis
    (or comparable) search; MS Servicer Notices
	41.
    Organization of Mortgagor. With respect to each Mortgage Loan, in reliance on certified copies of the organizational documents
    of the Mortgagor delivered by the Mortgagor in connection with the origination of such Mortgage Loan, the Mortgagor is an entity
    organized under 	41a	Review
    the Diligence File to determine if it includes certified copies of the organizational documents of the Mortgagor indicating that
    the Mortgagor is an entity organized under the laws of a state of the United States of America, the District of Columbia or the 	Diligence
    File

 

    	 	Exhibit PP-48	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	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 and other than as set
    forth on Exhibit C-32-4 to the related Mortgage Loan Purchase Agreement, no Mortgage Loan has a Mortgagor that is an Affiliate of
    a Mortgagor with respect to another Mortgage Loan.  An “Affiliate” for purposes of this representation
    and warranty 41 means, a Mortgagor that is under direct or indirect common ownership and control with another Mortgagor.	 	Commonwealth
    of Puerto Rico. If such indication is found, it will be a Test pass.	 
	41b	Review
    the Diligence File for an indication that, except with respect to any Mortgage Loan that is cross-collateralized and cross-defaulted
    with another Mortgage Loan and other than as set forth on Exhibit C-32-4 to the related Mortgage Loan Purchase Agreement, no Mortgage
    Loan has a Mortgagor that is an affiliate of another Mortgagor under another Mortgage Loan. If such an indication is found, it will
    be a Test pass.	Diligence
    File
	42.
    Environmental Conditions. A Phase I environmental site assessment (or update of a previous Phase I and or Phase II environmental
    site assessment) and, with respect to certain Mortgage Loans, a Phase II environmental site assessment (collectively, an “ESA”)
    meeting ASTM requirements was conducted by a reputable environmental consultant in connection with such Mortgage Loan within 12 months
    prior to its origination date (or an update of a previous ESA was prepared), and such ESA (i) did not identify the existence of recognized
    environmental conditions (as such term is defined in ASTM E1527-13 or its successor, hereinafter “Environmental Condition”)
    at the related Mortgaged Property or the need for further investigation, or (ii) if the existence of an Environmental Condition or
    need for further investigation was indicated in any such ESA, then at least one of the following statements is true:  (A)
    an amount reasonably estimated by a reputable environmental consultant to be sufficient to cover the estimated cost to cure any material
    noncompliance with applicable Environmental Laws or the Environmental Condition has been escrowed by the related	42a	Review
    the Diligence File to determine if an ESA (as defined in representation and warranty 42) is included. If so, review the ESA for an
    indication that it was conducted within 12 months prior to the origination date of the Mortgage Loan. If such an indication is found,
    it will be a Test pass.	Diligence
    File; ESA
	42b	Review
    the ESA for an indication that it identified (i) the existence of a recognized environmental condition at the related Mortgaged Property
    or (ii) the need for further investigation. If no such indication is found, it will be a Test pass.	ESA
	42c	Review
    the ESA for an indication that it identified (i) the existence of a recognized environmental condition at the related Mortgaged Property
    or (ii) the need for further investigation. If such an indication is found, the following test procedures (subparts 42c-1 through
    42c-6) will be performed. If any of the subparts indications are found, it will be a Test pass.	ESA;
    Escrow Statements; Loan Documents; Diligence File
	 	1.   
    Review escrow statements for an indication that an amount reasonably estimated by a reputable 	Escrow
    statements

 

    	 	Exhibit PP-49	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	Mortgagor
                                            and is held or controlled by the related Mortgagee; (B) if the only Environmental Condition
                                            relates to the presence of asbestos-containing materials, radon in indoor air, lead based
                                            paint or lead in drinking water, the only recommended action in the ESA is the institution
                                            of such a plan, an operations or maintenance plan has been required to be instituted by the
                                            related Mortgagor that can reasonably be expected to mitigate the identified risk; (C) the
                                            Environmental Condition identified in the related environmental report was remediated or
                                            abated or contained in all material respects prior to the date hereof, and, if and as appropriate,
                                            a no further action, completion or closure letter or its equivalent was obtained from the
                                            applicable governmental regulatory authority (or the environmental issue affecting the related
                                            Mortgaged Property was otherwise listed by such governmental authority as “closed”
                                            or a reputable environmental consultant has concluded that no further action is required);
                                            (D) an environmental policy or a lender’s pollution legal liability insurance policy
                                            that covers liability for the identified circumstance or condition was obtained from an insurer
                                            rated no less than “A-” (or the equivalent) by Moody’s, S&P, Fitch
                                            Ratings, Inc. and/or A.M. Best; (E) a party not related to the Mortgagor was identified as
                                            the responsible party for such condition or circumstance and such responsible party has financial
                                            resources reasonably estimated to be adequate to address the situation; or (F) a party related
                                            to the Mortgagor having financial resources reasonably estimated to be adequate to address
                                            the situation is required to take action.  To the Mortgage Loan Seller’s
                                            knowledge, except as set forth in the ESA, there is no Environmental 
	 	environmental
    consultant to be sufficient to cover the estimated cost to cure any material noncompliance with applicable environmental laws or
    the environmental condition has been escrowed by the Mortgagor and is held by the related Mortgagee.	 
	 	2. 
    Review the ESA for an indication that if the only Environmental Condition relates to the presence of asbestos-containing materials,
    radon in indoor air or lead based paint or lead in drinking water, the only recommended action in the ESA is the institution of such
    a plan, and if so, a review of the Loan Documents indicates that an operations or maintenance plan has been required to be instituted
    by the related Mortgagor that, based on the ESA, can reasonably be expected to mitigate the identified risk.	 ESA
	 	3. 
    Review the Diligence File for an indication that any Environmental Condition identified in the ESA was remediated or abated in all
    material respects prior to the date hereof, as evidenced by a no further action or closure letter that was obtained from the applicable
    governmental regulatory authority, or a reputable environmental consultant has concluded that no further action is required.	Diligence
    File
	 	4. 
    Review the insurance coverage review documents for an indication that an environmental policy or a lender’s pollution legal
    liability insurance policy that covers liability for the identified circumstance or condition was obtained from an insurer rated
    no less than A- (or the equivalent) by Moody’s, S&P, Fitch Ratings, Inc. and/or A.M. Best Company.	Insurance
    coverage review documents

    	 	Exhibit PP-50	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	Condition
    (as such term is defined in ASTM E1527-13 or its successor) at the related Mortgaged Property. 	 	5. 
    Review the Diligence File for an indication that a party not related to the Mortgagor was identified as the responsible party for
    such condition or circumstance and such responsible party has financial resources considered by the Mortgage Loan Seller to be adequate
    to address the situation.	Diligence
    File
	 	6.
    Review the Diligence File for an indication that a party related to the Mortgagor having financial resources estimated by the Mortgage
    Loan Seller to be adequate to address the situation is required to take action.	Diligence
    File
	42d	Review
    the MS Servicer Notices for notation of the Mortgage Loan Seller’s knowledge of any environmental condition at the Mortgaged
    Property other than any set forth in the ESA. If no such notation is found, it will be a Test pass.	MS
    Servicer Notices; ESA
	43.
    Intentionally Omitted,	43	N/A	N/A
	44.
    Appraisal. The servicing file contains an appraisal of the related Mortgaged Property with an appraisal date within 6 months
    of the Mortgage Loan origination date, and within 12 months of the Cut-off Date.  The appraisal is signed by an appraiser
    that (i) (A) is a Member of the Appraisal Institute or (B) has a comparable professional designation and possesses the level of experience
    required to evaluate commercial real estate collateral and (ii) to the Mortgage Loan Seller’s knowledge, had no interest, direct
    or indirect, in the Mortgaged Property or the Mortgagor or in any loan made on the security thereof, and whose compensation is not
    affected by the approval or disapproval of the Mortgage Loan.  Each appraiser has represented in such appraisal or
    in a	44a	Review
    the appraisal to determine if it was dated within 6 months of the Mortgage Loan origination date and within 12 month of the Cut-off
    Date. If so determined, it will be a Test pass.	Appraisal
	44b	Review
    the appraisal to determine if it includes an appraiser's certification or supplemental letter that indicates that the appraiser had
    no interest, direct or indirect, in the Mortgagor, the Mortgaged Property or any loan made on the security of the Mortgaged Property.
    If so determined, it will be a Test pass.	Appraisal
	44c	Review
    the appraisal to determine if it signed by an appraiser that is (A) a Member of the Appraisal Institute, or (B) has a comparable
    professional	Appraisal

    	 	Exhibit PP-51	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	supplemental
    letter that the appraisal satisfies the requirements of the “Uniform Standards of Professional Appraisal Practice” as
    adopted by the Appraisal Standards Board of the Appraisal Foundation. 		designation
    and possesses the level of experience required to evaluate commercial real estate collateral, that the Mortgage Loan Seller had knowledge
    that the signing appraiser had no interest, direct or indirect, in the Mortgaged Property or the Mortgagor or in any loan made on
    the security thereof, and that the appraiser's compensation is not affected by the approval or disapproval of the Mortgage Loan.
    If so determined, it will be a Test pass.	
	44d	Review
    the appraisal to determine if it includes documentation in the appraisal or a letter that the appraisal satisfies the requirements
    of the “Uniform Standards of Professional Appraisal Practice” as adopted by the Appraisal Standards Board of the Appraisal
    Foundation. If so determined, it will be a Test pass.	Appraisal
	45.
    Mortgage Loan Schedule. The information pertaining to each Mortgage Loan which is set forth in the Mortgage Loan Schedule
    attached as an exhibit to the related Mortgage Loan Purchase Agreement is true and correct in all material respects as of the Cut-off
    Date and contains all information required by the Pooling and Servicing Agreement to be contained therein.	45a	Review
    the Mortgage Loan Schedule attached as an exhibit to the related Mortgage Loan Purchase Agreement and compare it to the corresponding
    information in (i) Annex A to the final prospectus (ii) Mortgage Loan Documents, (iii) Pooling and Servicing Agreement, and (iv)
    asset summary report to determine if there are discrepancies between the documents.  If there are no such discrepancies,
    it will be a Test pass.	Mortgage
    Loan Schedule; Annex A to final prospectus; Mortgage Loan Documents; Pooling and Servicing Agreement; Asset summary report
	45b	Compare
    the information in the Mortgage Loan Schedule to the requirements of the Pooling and Servicing Agreement to determine if they match.
    If there are no discrepancies, it will be a Test pass.	Mortgage
    Loan Schedule; Pooling and Servicing Agreement
	46.
    Cross-Collateralization. No Mortgage Loan is cross-collateralized or cross-defaulted with any other mortgage loan	46	Except
    with respect to a Mortgage Loan that is part of a Whole Loan, review the Mortgage Loan Documents	Mortgage
    Loan Documents

    	 	Exhibit PP-52	 

     

    

 

	Representations
    and Warranties	          Test	Review
    Materials
	that
    is outside the Mortgage Pool, except in the case of a Mortgage Loan that is part of a Whole Loan.	 	to
    determine if the Mortgage Loan is cross-collateralized or cross-defaulted with any other Mortgage Loan that is outside the Mortgage
    Pool. If not so determined, it will be a Test pass.	 
	47.
    Advance of Funds by the Mortgage Loan Seller. Except for loan proceeds advanced at the time of loan origination or other payments
    contemplated by the Mortgage Loan documents, no advance of funds has been made by the Mortgage Loan Seller to the related Mortgagor,
    and no funds have been received from any person other than the related Mortgagor or an affiliate, directly, or, to the knowledge
    of the Mortgage Loan Seller, indirectly for, or on account of, payments due on the Mortgage Loan.  Neither the Mortgage
    Loan Seller nor any affiliate thereof has any obligation to make any capital contribution to any Mortgagor under a Mortgage Loan,
    other than contributions made on or prior to the Closing Date.	47a	Review
    the MS Servicer Notices for a notation or other indication that an advancement of funds (other than loan proceeds advanced at the
    time of loan origination) had been made by the Mortgage Loan Seller to the related Mortgagor, or that funds have been received from
    any person other than the related Mortgagor or an Affiliate, directly, indirectly for, or on account of, payments due on the Mortgage
    Loan. If such a notation or other indication is not found, it will be a Test pass.	MS
    Servicer Notices
	47b	Review
    the Mortgage Loan Documents to determine if the Mortgage Loan Seller, or an Affiliate, has an obligation to make any capital contribution
    to the Mortgagor under a Mortgage Loan, other than contributions made on or prior to the Closing Date. If not so determined, it will
    be a Test pass.	Mortgage
    Loan Documents
	48.
    Compliance with Anti-Money Laundering Laws. The Mortgage Loan Seller has complied in all material respects with all applicable
    anti-money laundering laws and regulations, including without limitation the U.S. Anti-Money Laundering Act of 2020 and USA Patriot
    Act of 2001 with respect to the origination of the Mortgage Loan.	48	Review
    the MS Servicer Notices for a notation or other indication of any claim or assertion that the Mortgage Loan Seller did not comply
    with its internal procedures with respect to all applicable anti-money laundering laws and regulations, including without limitation
    the U.S. Anti-Money Laundering Act of 2020 and USA Patriot Act of 2001 in connection with the origination of any Mortgage Loan. If
    such a notation or other indication is not found, it will be a Test pass.	MS
    Servicer Notices

 

    	 	Exhibit PP-53	 

     

    

EXHIBIT QQ

FORM OF CERTIFICATION TO CERTIFICATE ADMINISTRATOR

REQUESTING ACCESS TO SECURE DATA ROOM

Computershare Trust Company, National Association

9062 Old Annapolis Road

Columbia, Maryland 21045-1951

Attention: Corporate Trust Services (CMBS) – BANK 2022-BNK41

Email:trustadministrationgroup@wellsfargo.com

		Attention:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41

In accordance with the
requirements for obtaining access to the Secure Data Room pursuant to the Pooling and Servicing Agreement, dated as of May 1, 2022 (the
“Pooling and Servicing Agreement”), between Morgan Stanley Capital I Inc., as Depositor, Wells Fargo Bank, National
Association, as General Master Servicer, Rialto Capital Advisors, LLC, as General Special Servicer, National Cooperative Bank, N.A., as
NCB Master Servicer and NCB Special Servicer, Computershare Trust Company, National Association, as Certificate Administrator, Wilmington
Trust, National Association, as Trustee, Pentalpha Surveillance LLC, as Operating Advisor and as Asset Representations Reviewer, with
respect to the certificates (the “Certificates”), the undersigned hereby certifies and agrees as follows:

 

		1.	The undersigned is an authorized representative of [the Asset Representations Reviewer][[_____],
an entity designated by the Depositor to receive access to the secure Data Room].

		2.	The undersigned acknowledges and agrees that (a) access to the Secure Data Room
is being granted to it solely for purposes of the undersigned carrying out its obligations under the Pooling and Servicing Agreement (b)
it will not disseminate or otherwise make information contained on the Secure Data Room available to any other person except in accordance
with the Pooling and Servicing Agreement or otherwise with the written consent of the Depositor and (c) it will only access information
relating to the Mortgage Loans to which the Asset Review relates.

 

		3.	The undersigned agrees that each time it accesses the Secure Data Room, the undersigned
is deemed to have recertified that the representations above remains true and correct.

 

    	 	Exhibit QQ-1	 

     

    

 

		4.	[The undersigned is not
a Certificateholder, a beneficial owner or a prospective purchaser of any Certificate.]*

BY ITS CERTIFICATION HEREOF,
the undersigned has made the representations above and shall have caused, or shall be deemed to have caused its name to be signed hereto
by its duly authorized signatory, as of the date certified.

 

 

	 	[NAME OF PARTY],
	 	as [role]
	 	 
	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

Dated:
_______

 

 

	[Morgan
    Stanley Capital I Inc.,	 
	as Depositor]*	 
	 	 
	 	 
	By:	 	 
	 	[Name]	 
	 	[Title]	 

 

 

 

*   Required to the extent that a party other than
the Asset Representations Reviewer is identified by the Depositor as needing access to the Secure Data Room.

    	 	Exhibit QQ-2	 

     

    

EXHIBIT RR

FORM OF NOTICE OF [ADDITIONAL DELINQUENT
LOAN][CESSATION OF DELINQUENT LOAN][CESSATION OF ASSET REVIEW TRIGGER]

[Date]

	
    Wells Fargo Bank, National Association

    Commercial Mortgage Servicing

    550 S. Tryon Street

    MAC D1086-23A

    23rd Floor

    Charlotte, North Carolina 28202

    Attention: BANK 2022-BNK41 Asset Manager

    Email: commercial.servicing@wellsfargo.com
	
    Pentalpha Surveillance LLC

    375 N. French Road, Suite 100

    Amherst, New York, 14228

    Attention: BANK 2022-BNK41 Transaction Manager (with a copy sent via email
    to: notices@pentalphasurveillance.com)

	
     

    Rialto Capital Advisors, LLC

    200 S. Biscayne Blvd, Suite 3550

    Miami, Florida 33131

    Attention: Liat Heller, Jeff Krasnoff, Niral Shah, Adam Singer (BANK 2022-BNK41)

    Facsimile number: (305) 229-6425

    E-mail: liat.heller@rialtocapital.com, jeff.krasnoff@rialtocapital.com,
    niral.shah@rialtocapital.com, adam.singer@rialtocapital.com

     
	 
	
    National Cooperative Bank, N.A.

    2011 Crystal Drive, Suite 800

    Arlington, Virginia 22202

    Attention: Kathleen Luzik, Chief Operating

    Officer

    Facsimile number: (703) 647-3473

    Email: kluzik@ncb.coop
	 

		Attention:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41

In accordance with Section
12.01(a) of the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between
Morgan Stanley Capital I Inc., as Depositor, Wells Fargo Bank, National Association, as General Master Servicer, Rialto Capital Advisors,
LLC, as General Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special Servicer, Computershare Trust
Company, National Association, as Certificate Administrator, Wilmington Trust, National Association, as Trustee, and Pentalpha Surveillance
LLC, as Operating Advisor and as Asset Representations Reviewer, the Certificate Administrator hereby notifies you that as of [RELATED
DISTRIBUTION DATE]:

    	 	Exhibit RR-1	 

     

    

		1.	_____ An additional Mortgage Loan has become a Delinquent Loan.

 

		2.	_____ A Mortgage Loan has ceased to be a Delinquent Loan.

 

 

		3.	_____An Asset Review Trigger has ceased to exist.

 

(check all that apply)

Capitalized terms used
but not defined herein have the respective meanings given to them in the Pooling and Servicing Agreement.

 

	 	Computershare Trust Company, National
Association, as Certificate Administrator for the Holders of the BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series
2022-BNK41
	 	 
	 	By:	 
	 		[Name] 
	 		[Title] 

 

    	 	Exhibit RR-2	 

     

    

 EXHIBIT SS

FORM OF INTERCREDITOR AGREEMENT AND SUBORDINATION
AGREEMENT FOR NCB CO-OP MORTGAGE LOANS

THIS INTERCREDITOR AGREEMENT
AND SUBORDINATION AGREEMENT (this “Agreement”) made as of this __ day of ____, 20__ between [_______], a [___________]
having an office at [__________] in its capacity as senior lender (“Lender”), and [_________], a [_________] having
an office at [__________] in its capacity as subordinated lender (“Subordinated Lender”).

W I T N E S S E T H:

WHEREAS, Lender is the holder
of a certain loan (the “Loan”) to [_________] (“Borrower”) dated the date hereof in the amount of
[_________] and 00/100 ($__________) Dollars, which Loan is secured by, among other things, a mortgage upon the Project (hereinafter defined),
which mortgage is intended to be recorded;

WHEREAS, Subordinated Lender
is the holder of a certain loan (the “Subordinated Loan”) dated the date hereof to Borrower in the amount of [_________]
and 00/100 ($_________) Dollars, which Subordinated Loan is secured by, among other things, a mortgage upon the Project (hereinafter defined),
which mortgage is intended to be recorded; and

WHEREAS, Lender and Subordinated
Lender desire to enter into this Agreement for the purpose of establishing the priorities of their respective interests in the Project,
and for the purpose of setting forth certain other agreements between them with respect to their agreements with Borrower;

NOW, THEREFORE, in consideration
of the premises, the payment of good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Lender
and Subordinated Lender agree as follows:

Defined Terms. As
used in this Agreement, the following terms shall have the meanings hereinafter set forth, unless the context shall otherwise require:

“Affiliate”
– Shall mean, as to any particular Person, any Person directly or indirectly, through one or more intermediaries, controlling, Controlled
by or under common control with the Person or Persons in question.

“Control”
– Shall mean, (i) the ownership, directly or indirectly, in the aggregate of more than fifty percent (50%) of the beneficial
ownership interests of such Person (or, with respect to the Transfer prohibition set forth in Section 9(e) hereof, the ownership, directly
or indirectly, in the aggregate of more than twenty five percent (25%) of the beneficial ownership interests of such Person) or (ii) the
possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of an entity, whether
through the ability to exercise

    	 	Exhibit SS-1	 

     

    

voting power, by contract or otherwise. “Controlled
by,” “controlling” and “under common control with” shall have the respective correlative meaning thereto.

“Certificates”
– Shall mean any securities (including all classes thereof) representing beneficial ownership interests in the Loan or in a pool
of mortgage loans including the Loan issued in connection with a securitization of the Loan.

“Crowdfunded Person”
means a Person that is capitalized with debt and/or equity financing and/or raising monetary or other capital contributions from a number
of persons or entities through the practice of syndication, advertising or general or broad solicitation, including, without limitation,
(i) in reliance upon Regulation Crowdfunding promulgated by the Securities and Exchange Commission pursuant to the Securities Act of 1933,
as amended and/or (ii) via primarily internet-mediated registries, platforms, portals, mail-order subscriptions, benefit events and/or
other similar methods.

“EB-5 Lender”
means any Person that directly or indirectly used funds invested by an EB-5 Person through a program soliciting the issuance of visas
for immigrant investors as a source for the making, acquisition, or funding of the Subordinated Loan.

“EB-5 Person”
means a Person investing through a program soliciting the issuance of visas for immigrant investors, including through the Immigrant Investor
Program established by the Immigration Act of 1990 (8 U.S.C. 1153(b)(5)), as amended from time to time, and the rules and regulations
promulgated thereunder.

“Eligibility Requirements”
– Shall mean, with respect to any Person, that such Person (i) has total assets (in name or under management) in excess of
$200,000,000.00 and (except with respect to a pension advisory firm or similar fiduciary) capital/statutory surplus or shareholder’s
equity of $60,000,000.00 and (ii) is regularly engaged in the business of making or owning commercial or multi-family real estate
loans or operating commercial or multi-family mortgage properties.

“Event of Default”
– Shall mean (i) with respect to the Loan and the Loan Documents, any default thereunder which has occurred and is continuing
beyond any applicable grace or curative period, and (ii) with respect to the Subordinated Loan and the Subordinated Loan Documents,
any default thereunder which has occurred and is continuing beyond any applicable grace or curative period.

“Loan Documents”
– Shall mean all loan documents, notes, security agreements, mortgages, including, without limitation, those certain documents made
by Borrower creating a first lien upon the Project and any other documents evidencing and securing the Loan, in effect on the date hereof,
as the same may be modified, amended, restated, supplemented, replaced or extended, from time to time, in accordance with the terms hereof.

“Permitted Fund
Manager” – Shall mean any Person that on the date of determination is (i) a nationally-recognized manager of investment
funds investing in debt or equity interests relating to commercial real estate, (ii) investing through a fund with committed capital
of at least $250,000,000 and (iii) not subject to a Proceeding.

    	 	Exhibit SS-2	 

     

    

“Person”
– Shall mean any individual, sole proprietorship, corporation, general partnership, limited partnership, limited liability company
or partnership, joint venture, association, joint stock company, bank, trust, estate unincorporated organization, any federal, state,
county or municipal government (or any agency or political subdivision thereof) endowment fund or any other form of entity.

“Proceeding”
– Shall mean the commencement, whether voluntary or involuntary, of any case, proceeding or other action against Borrower under
any existing or future law of any jurisdiction relating to bankruptcy, insolvency, reorganization or relief of debtors.

“Prohibited Entity”
means any Person that (i) is a statutory trust or similar Person, (ii) owns a direct or indirect interest in the Subordinated Loan, Borrower
or the Project through a tenancy-in-common or other similar form of ownership interest, (iii) is an EB-5 Lender and/or (iv) is itself
a Crowdfunded Person, is under the direct or managerial control of any Crowdfunded Person and/or is more than 49% owned, directly or indirectly,
by one or more Crowdfunded Persons (provided, that, notwithstanding the foregoing, any Person otherwise constituting a Prohibited Entity
shall not be deemed a Prohibited Entity hereunder to the extent a Rating Agency Confirmation has been obtained with respect to such Person).

“Prohibited Person”
means any Person:

(i)            listed
in the annex to, or who is otherwise subject to the provisions of, Executive Order No. 13224 on Terrorist Financing, effective September
24, 2001, and relating to Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten to Commit, or Support Terrorism
(the “Executive Order”);

 

(ii)            that
is owned or controlled by, or acting for or on behalf of, any Person that is listed in the annex to, or is otherwise subject to the provisions
of, the Executive Order;

 

(iii)            with
whom a Person is prohibited from dealing or otherwise engaging in any transaction by any terrorism or money laundering law, including
the Executive Order;

 

(iv)       who
commits, threatens or conspires to commit or supports “terrorism” as defined in the Executive Order;

 

(v)       that
is named as a “specially designated national and blocked person” on the most current list published by the U.S. Treasury Department
Office of Foreign Assets

    	 	Exhibit SS-3	 

     

    

Control at its official website or at any replacement website
or other replacement official publication of such list; or

 

(vi)       who
is an Affiliate of a Person listed in clauses (i) through (v) above.

“Project”
– Shall mean that certain real property owned by Borrower described on Exhibit A attached hereto and the improvements located
or to be located thereon.

“Protective Advance”
– Shall mean all sums advanced for the purpose of payment of real estate taxes (including special payments in lieu of real estate
taxes), maintenance costs, insurance premiums or other items (including capital items) reasonably necessary to protect the Project or
any portion thereof (including, but limited to, all reasonable attorneys’ fees, costs relating to the entry upon the Project or
any portion thereof to make repairs and the payment, purchase, contest or compromise of any encumbrance, charge or lien which in the judgment
of Lender appears to be prior or superior to the Loan Documents).

“Qualified Transferee”
– Shall mean (i) Subordinated Lender or an Affiliate of Subordinated Lender or (ii) one or more of the following:

(A)            
a real estate investment trust, bank, saving and loan association, investment bank, insurance company, trust company, commercial
credit corporation, pension plan, pension fund or pension advisory firm, mutual fund, government entity or plan, provided that any such
Person referred to in this clause (A) satisfies the Eligibility Requirements;

(B)             
an investment company, money management firm or “qualified institutional buyer” within the meaning of Rule 144A
under the Securities Act of 1933, as amended, or an institutional “accredited investor” within the meaning of Regulation D
under the Securities Act of 1933, as amended, provided that any such Person referred to in this clause (B) satisfies the Eligibility
Requirements;

(C)             
an institution substantially similar to any of the foregoing entities described in clauses (ii)(A) or (ii)(B) that satisfies
the Eligibility Requirements;

(D)            
any entity controlled by any of the entities described in clause (i) or clauses (ii)(A) or (ii)(C) above;

(E)             
a Qualified Trustee in connection with a securitization of, the creation of collateralized debt obligations (“CDO”)
secured by or financing through an “owner trust” of, the Subordinated Loan (collectively, “Securitization Vehicles”)
so long as (A) the special servicer or manager of such Securitization Vehicle has the Required Special Servicer Rating and (B) the
entire “controlling class” of such Securitization Vehicle, other than with respect to a CDO Securitization Vehicle, is held
by one or more entities that are otherwise Qualified Transferees under clauses (ii)(A), (B), (C) or (D) of this definition; provided
that the operative documents of the related Securitization Vehicle require that (1) in the case of a CDO Securitization Vehicle,
the “equity interest” in such Securitization Vehicle is owned by one or more entities that are Qualified Transferees under
clauses (ii)(A), (B), (C) or (D) of this definition and (2) if any of the relevant trustee, special

    	 	Exhibit SS-4	 

     

    

servicer, or manager fails to meet the
requirements of this clause (E), such Person must be replaced by a Person meeting the requirements of this clause (E)
within thirty (30) days; or

(F)             
an investment fund, limited liability company, limited partnership or general partnership where a Permitted Fund Manager or an
entity that is otherwise a Qualified Transferee under clauses (ii)(A), (B), (C) or (D) of this definition acts as the general partner,
managing member or fund manager and at least 50% of the equity interests in such investment vehicle are owned, directly or indirectly,
by one or more entities that are otherwise Qualified Transferees under clauses (ii)(A), (B), (C) or (D) of this definition.

Notwithstanding the foregoing,
in no event shall a Prohibited Person or a Prohibited Entity be a Qualified Transferee.

“Qualified Trustee”
– Shall mean (i) a corporation, national bank, national banking association or a trust company, organized and doing business
under the laws of any state or the United States of America, authorized under such laws to exercise corporate trust powers and to accept
the trust conferred, having a combined capital and surplus of at least $100,000,000 and subject to supervision or examination by federal
or state authority, (ii) an institution insured by the Federal Deposit Insurance Corporation or (iii) an institution whose long-term
senior unsecured debt is rated either of the then in effect top two rating categories of each of the Rating Agencies.

“Rating Agencies”
– Shall mean, prior to a securitization, each of DBRS Morningstar, Standard & Poor’s Ratings Services, a division of The
McGraw-Hill Companies, Inc., Moody’s Investors Service, Inc., and Fitch Ratings, Inc., or any other nationally-recognized statistical
rating agency which has been designated by Lender and, after a securitization, shall mean any of the foregoing that have rated any of
the Certificates.

“Rating Agency Confirmation”
– Shall mean each of the Rating Agencies shall have confirmed in writing that the occurrence of the event with respect to which
such Rating Agency Confirmation is sought shall not result in a downgrade, qualification or withdrawal of the applicable rating or ratings
ascribed by such Rating Agency to any of the Certificates then outstanding. In the event that no Certificates are outstanding or the Loan
is not part of a securitization, any action that would otherwise require a Rating Agency Confirmation shall require the consent of the
Lender, which consent shall not be unreasonably withheld or delayed.

“Required Special
Servicer Rating” – Shall mean (i) a rating of “CSS1” in the case of Fitch Ratings, (ii) on the S&P
list of approved special servicers in the case of S&P, (iii) in the case of Moody’s, such special servicer is acting as
special servicer in a commercial mortgage loan securitization that was rated by Moody’s within the twelve (12) month period
prior to the date of determination, and Moody’s has not downgraded or withdrawn the then-current rating on any class of commercial
mortgage securities or placed any class of commercial mortgage securities on watch citing the continuation of such special servicer as
special servicer of such commercial mortgage securities, and (iv) in the case of DBRS Morningstar, such special servicer is acting as
special servicer in a commercial mortgage loan securitization that was rated by DBRS Morningstar within the twelve (12) month period prior
to the date of determination and is not a special servicer that has been cited by DBRS Morningstar as having servicing concerns as the
sole or a material factor in any qualification, downgrade or withdrawal of the ratings (or placement on “watch status” in

    	 	Exhibit SS-5	 

     

    

contemplation of a ratings downgrade or withdrawal)
of securities in a transaction serviced by the applicable servicer prior to the time of determination.

“Subordinated Loan
Documents” – Shall mean all loan documents, notes, security agreements, mortgages, including, without limitation, those
certain documents made by Borrower creating a second lien upon the Project and any other documents evidencing and securing the Subordinated
Loan, in effect on the date hereof, as the same may be modified, amended, restated, supplemented, replaced or extended, from time to time,
in accordance with the terms hereof.

“Transfer”
– Shall mean any assignment, pledge, conveyance, sale, transfer, mortgage, encumbrance, grant of a security interest, issuance of
a participation interest, or other disposition, either directly or indirectly, by operation of law or otherwise.

1.                 
Approval of Loans and Loan Documents; Characterization of Subordinated Loan.

(a)              
Subordinated Lender hereby acknowledges that (i) it has received and reviewed and, subject to the terms and conditions of
this Agreement, hereby consents to and approves of the Loan and, subject to the terms and provisions of this Agreement, all of the terms
and provisions of the Loan Documents, (ii) the continued performance of the Loan Documents will not constitute a default or an event
which, with the giving of notice or the lapse of time, or both, would constitute a default under the Subordinated Loan Documents, and
(iii) any application or use of the proceeds of the Loan for purposes other than those provided in the Loan Documents shall not affect,
impair or defeat the terms and provisions of this Agreement or the Loan Documents.

(b)              
Lender hereby acknowledges that (i) it has received and reviewed, and, subject to the terms and conditions of this Agreement,
hereby consents to and approves of the making of the Subordinated Loan and, subject to the terms and provisions of this Agreement, all
of the terms and provisions of the Subordinated Loan Documents, (ii) the execution, delivery and performance of the Subordinated
Loan Documents will not constitute a default or an event which, with the giving of notice or the lapse of time, or both, would constitute
a default under the Loan Documents, (iii) any application or use of the proceeds of the Subordinated Loan for purposes other than
those provided in the Subordinated Loan Documents shall not affect, impair or defeat the terms and provisions of this Agreement or the
Subordinated Loan Documents.

2.                 
Representations and Warranties.

(a)              
Subordinated Lender hereby represents and warrants as follows:

(i)                
Subordinated Lender has heretofore provided Lender with true, complete and correct copies of the Subordinated Loan Documents. To
Subordinated Lender’s knowledge, there currently exists no default or event which, with the giving of notice or the lapse of time,
or both, would constitute a default under any of the Subordinated Loan Documents.

    	 	Exhibit SS-6	 

     

    

(ii)             
 Subordinated Lender is the legal and beneficial owner of the entire Subordinated Loan free and clear of any lien, security interest,
option or other charge or encumbrance.

(iii)           
There are no conditions precedent to the effectiveness of this Agreement that have not been satisfied or waived.

(iv)            
Subordinated Lender has, independently and without reliance upon Lender and based on such documents and information as it has deemed
appropriate, made its own credit analysis and decision to enter into this Agreement.

(v)              
Subordinated Lender is duly organized and validly exists under the laws of the jurisdiction under which it was organized with full
power to execute, deliver, and perform this Agreement and consummate the transactions contemplated hereby.

(vi)            
All actions necessary to authorize the execution, delivery, and performance of this Agreement on behalf of Subordinated Lender
have been duly taken, and all such actions continue in full force and effect as of the date hereof.

(vii)         
Subordinated Lender has duly executed and delivered this Agreement and this Agreement constitutes the legal, valid, and binding
agreement of Subordinated Lender enforceable against Subordinated Lender in accordance with its terms subject to (a) applicable bankruptcy,
reorganization, insolvency and moratorium laws, and (b) general principles of equity which may apply regardless of whether a proceeding
is brought in law or in equity.

(viii)       
To Subordinated Lender’s knowledge, no consent of any other Person and no consent, license, approval, or authorization of,
or exemption by, or registration or declaration or filing with, any governmental authority, bureau or agency is required in connection
with the execution, delivery or performance by Subordinated Lender of this Agreement or consummation by Subordinated Lender of the transactions
contemplated by this Agreement, other than those that have been obtained.

(ix)            
None of the execution, delivery and performance of this Agreement nor the consummation of the transactions contemplated by this
Agreement will (a) violate or conflict with any provision of the organizational or governing documents of Subordinated Lender, (b) to
Subordinated Lender’s knowledge, violate, conflict with, or result in the breach or termination of, or otherwise give any other
Person the right to terminate, or constitute (or with the giving of notice or lapse of time, or both, would constitute) a default under
the terms of any contract, mortgage, lease, bond, indenture, agreement, or other instrument to which Subordinated Lender is a party or
to which any of its properties are subject, (c) to Subordinated Lender’s knowledge, result in the creation of any lien, charge,
encumbrance, mortgage, lease, claim, security interest, or other right or interest upon the properties or assets of Subordinated Lender
pursuant to the terms of any such contract, mortgage, lease, bond, indenture, agreement, franchise, or other instrument, (d) violate
any judgment, order, injunction, decree, or award of any court, arbitrator, administrative agency or governmental or regulatory body of
which Subordinated Lender has knowledge against,

    	 	Exhibit SS-7	 

     

    

or binding upon, Subordinated Lender
or upon any of the securities, properties, assets, or business of Subordinated Lender or (e) to Subordinated Lender’s knowledge,
constitute a violation by Subordinated Lender of any statute, law or regulation that is applicable to Subordinated Lender.

(x)              
The Subordinated Loan is not cross defaulted with any loan except the Loan.

(b)              
Lender hereby represents and warrants as follows:

(i)                
Lender has heretofore provided Subordinated Lender with true, complete and correct copies of the Loan Documents. To Lender’s
actual knowledge, there currently exists no default or event which, with the giving of notice or the lapse of time, or both, would constitute
a default under any of the Loan Documents.

(ii)             
Lender is the legal and beneficial owner of the Loan free and clear of any lien, security interest, option or other charge or encumbrance.

(iii)           
There are no conditions precedent to the effectiveness of this Agreement against Lender that have not been satisfied or waived.

(iv)            
Lender is duly organized and validly exists under the laws of the jurisdiction under which it was organized with full power to
execute, deliver, and perform this Agreement and consummate the transactions contemplated hereby.

(v)              
All actions necessary to authorize the execution, delivery, and performance of this Agreement on behalf of Lender have been duly
taken, and all such actions continue in full force and effect as of the date hereof.

(vi)            
Lender has duly executed and delivered this Agreement and this Agreement constitutes the legal, valid, and binding agreement of
Lender enforceable against Lender in accordance with its terms subject to (a) applicable bankruptcy, reorganization, insolvency and
moratorium laws and (b) general principles of equity which may apply regardless of whether a proceeding is brought in law or in equity.

(vii)         
To Lender’s knowledge, no consent of any other Person and no consent, license, approval, or authorization of, or exemption
by, or registration or declaration or filing with, any governmental authority, bureau or agency is required in connection with the execution,
delivery or performance by Lender of this Agreement or consummation by Lender of the transactions contemplated by this Agreement other
than those that have been obtained.

(viii)       
None of the execution, delivery and performance of this Agreement nor the consummation of the transactions contemplated by this
Agreement will (a) violate or conflict with any provision of the organizational or governing documents of Lender, (b) to Lender’s
knowledge, violate, conflict with, or result in the breach or termination of, or otherwise give any other Person the right to terminate,
or constitute (or with the giving of notice or lapse of time, or both, would constitute) a default under the terms of any material contract,
mortgage, lease, bond, indenture, agreement, or other instrument to which Lender

    	 	Exhibit SS-8	 

     

    

is a party or to which any of its properties
are subject, (c) to Lender’s knowledge, result in the creation of any lien, charge, encumbrance, mortgage, lease, claim, security
interest, or other right or interest upon the properties or assets of Lender pursuant to the terms of any such material contract, mortgage,
lease, bond, indenture, agreement, franchise or other instrument, (d) violate any judgment, order, injunction, decree or award of
any court, arbitrator, administrative agency or governmental or regulatory body of which Lender has knowledge against, or binding upon,
Lender or upon any of the securities, properties, assets, or business of Lender or (e) to Lender’s knowledge, constitute a
violation by Lender of any statute, law or regulation that is applicable to Lender.

(ix)            
The Loan is not cross defaulted with any other loan, except for the Subordinated Loan.

3.                 
Subordination and Priority. Subordinated Lender hereby subordinates and makes junior the Subordinated Loan, the Subordinated
Loan Documents (and any amendment, modification or extension thereof, and any future advance or increase respecting the Subordinated Loan,
in each instance, whether or not made in violation of this Agreement), and the lien and security interests created thereby and all of
the foregoing (collectively, the “Subordinated Interests”) shall at all times be junior, subject and subordinate to
the lien and security interest created by the Loan Documents and all of the terms, covenants, conditions, rights and remedies contained
in the Loan Documents, and no amendments or modifications of the Loan Documents or waivers of any provisions thereof shall affect the
subordination of the Subordinated Interests as set forth in this Section 3, it being understood and agreed that the Loan Documents
and the liens and security interests created thereby shall be and remain a prior lien against the Project. In addition, all of Subordinated
Lender’s rights to payment of the Subordinated Loan and the obligations evidenced by the Subordinated Loan Documents are hereby
subordinated to all of Lender’s rights to payment by Borrower of the Loan and the obligations secured by the Loan Documents, and
Subordinated Lender shall not accept or receive payments (including, without limitation, whether in cash or other property and whether
received directly, indirectly or by set-off, counterclaim or otherwise) from Borrower and/or from the Project upon the occurrence and
during the continuance of an Event of Default (as defined in the Loan Documents) under the Loan. If a Proceeding shall have occurred,
Lender shall be entitled to receive payment and performance in full of all amounts due or to become due to Lender before Subordinated
Lender is entitled to receive any payment on account of the Subordinated Loan. All payments or distributions upon or with respect to the
Subordinated Loan which are received by Subordinated Lender contrary to the provisions of this Agreement shall be received and held in
trust by the Subordinated Lender for the benefit of Lender and shall be paid over to Lender in the same form as so received (with any
necessary endorsement) to be applied (in the case of cash) to, or held as collateral (in the case of non-cash property or securities)
for, the payment or performance of the Loan in accordance with the terms of the Loan Documents. Nothing contained herein shall prohibit
the Subordinated Lender from making protective advances (and adding the amount thereof to the principal balance of the Subordinated Loan)
notwithstanding the existence of a default under the Loan at such time.

4.                 
Modifications, Amendments, Etc.

(a)              
Lender shall have the right without the consent of Subordinated Lender in each instance to enter into any amendment, deferral,
extension, modification, increase, renewal,

    	 	Exhibit SS-9	 

     

    

replacement, consolidation, supplement or waiver
(collectively, a “Senior Loan Modification”) of the Loan or the Loan Documents provided that no such Senior Loan Modification
shall (i) increase the interest rate or principal amount of the Loan, (ii) increase in any other material respect any monetary
obligations of Borrower under the Loan Documents, (iii) extend or shorten the scheduled maturity date of the Loan (except that Lender
may permit Borrower to exercise any extension options in accordance with the terms and provisions of the Loan Documents), (iv) convert
or exchange the Loan into or for any other indebtedness or subordinate any of the Loan to any indebtedness of Borrower, (v) amend
or modify the provisions limiting transfers of interests in the Borrower or the Project, (vi) cross default the Loan with any other
indebtedness, (vii) obtain any contingent interest, additional interest or so-called “kicker” measured on the basis of
the cash flow or appreciation of the Project, (or other similar equity participation), or (viii) extend the period during which voluntary
prepayments are prohibited or during which prepayments require the payment of a prepayment fee or premium or yield maintenance charge
or increase the amount of any such prepayment fee, premium or yield maintenance charge; provided, however, in no event shall
Lender be obligated to obtain Subordinated Lender’s consent to a Senior Loan Modification in the case of a work-out or other surrender,
compromise, release, renewal, or indulgence relating to the Loan during the existence of an Event of Default (as defined in the Loan Documents)
under the Loan, except that under no conditions shall clause (i) (with respect to increase principal amount only), or clause (viii)
be modified without the written consent of Subordinated Lender. In addition and notwithstanding the foregoing provisions of this Section 2,
any amounts funded by the Lender under the Loan Documents as a result of (A) the making of any protective advances or other advances
by the Lender, or (B) interest accruals or accretions and any compounding thereof (including default interest), shall not be deemed
to contravene this Section 2.

(b)              
Subordinated Lender shall have the right without the consent of Lender in each instance to enter into any amendment, deferral,
extension, modification, increase, renewal, replacement, consolidation, supplement or waiver (collectively, a “Subordinated Loan
Modification”) of the Subordinated Loan or the Subordinated Loan Documents provided that no such Subordinated Loan Modification
shall (i) increase the interest rate or principal amount of the Subordinated Loan, (ii) increase in any other material respect
any monetary obligations of under the Subordinated Loan Documents, (iii) extend or shorten the scheduled maturity date of the Subordinated
Loan (except that Subordinated Lender may permit Borrower to exercise any extension options in accordance with the terms and provisions
of the Subordinated Loan Documents), (iv) convert or exchange the Subordinated Loan into or for any other indebtedness or subordinate
the Subordinated Loan to any indebtedness of Borrower, (v) provide for any additional contingent interest, additional interest or
so called “kicker” measured on the basis of the cash flow or appreciation of the Project (or other similar equity participation),
(vi) amend or modify the provisions of the Subordinated Loan Documents limiting transfers of direct or indirect interest in Borrower,
(vii) modify or amend the terms and provision of any Subordinated Loan Document with respect to the manner, timing or method of the
application of payments under the Subordinated Loan Documents, (vi) cross default the Subordinated Loan with any other indebtedness,
or (vii) amend or modify the provisions limiting transfers of interests in the Borrower or the Project. Notwithstanding anything
to the contrary contained herein, if an Event of Default exists under the Subordinated Loan Documents, Subordinated Lender shall be permitted
to modify or amend the Subordinated Loan Documents in connection with a work out or other surrender, compromise, release, renewal or modification
of the Subordinated Loan except that under no conditions shall clause (i), with respect to increases in principal amounts only, clause (ii),

    	 	Exhibit SS-10	 

     

    

clause (iii) (with respect to shortening
the maturity only), clause (iv) or clause (v) be modified without the written consent of the Lender. In addition and notwithstanding
the foregoing provisions of this Section 6(b), any amounts funded by the Subordinated Lender under the Subordinated Loan Documents
as a result of (A) the making of any Protective Advances or other advances by the Subordinated Lender, or (B) interest accruals
or accretions and any compounding thereof (including default interest), shall not be deemed to contravene this Section 6(b).

(c)              
Lender shall deliver to Subordinated Lender copies of any and all modifications, amendments, extensions, consolidations, spreaders,
restatements, alterations, changes or revisions to any one or more of the Loan Documents (including, without limitation, any side letters,
waivers or consents entered into, executed or delivered by Lender) within a reasonable time after any of such applicable instruments have
been executed by Lender.

(d)              
Subordinated Lender shall deliver to Lender copies of any and all modifications, amendments, extensions, consolidations, spreaders,
restatements, alterations, changes or revisions to any one or more of the Subordinated Loan Documents (including, without limitation,
any side letters, waivers or consents entered into, executed or delivered by Subordinated Lender) within a reasonable time after any of
such applicable instruments have been executed by Subordinated Lender.

5.                 
Default Notice.

(a)              
Subordinated Lender shall give Lender notice of any default under the Subordinated Loan Documents promptly upon the giving of such
notice of default to Borrower and in all instances prior to accelerating the Subordinated Loan on account of such default. Lender may,
but shall not be obligated to, cure any such default, in which event Subordinated Lender shall accept such cure by Lender as and for the
cure by Borrower.

(b)              
Lender shall give Subordinated Lender notice of any default under the Loan Documents promptly upon the giving of such notice of
default to Borrower and in all instances prior to accelerating the Loan on account of such default. Subordinated Lender may, but shall
not be obligated to, cure any such default within the time period afforded to the Borrower pursuant to the Loan Documents, in which event
Lender shall accept such cure by Subordinated Lender as and for the cure by Borrower.

6.                 
Casualty and Condemnation. In the event of a casualty to the buildings or improvements constructed on any portion of the
Project or a condemnation or taking under a power of eminent domain of all or any portion of the Project, Lender shall have a first and
prior interest in and to any payments, awards, proceeds, distributions, or consideration arising from any such event (the “Award”).
Subordinated Lender acknowledges and agrees that so long as the Loan is outstanding, it has no lien on or security interest in any Award,
nor any rights with respect to any Award except as expressly provided in this Agreement, and Subordinated Lender assigns its rights to
any Award to Lender up to an amount equal to the then outstanding amount of the Loan. Subordinated Lender agrees to promptly, upon request
by Lender, execute and deliver to Lender and/or to any other party as so directed by Lender, a written confirmation of the terms set forth
in the immediately preceding sentence and take sure other actions reasonably requested by Lender to further evidence the foregoing agreement
(although failure of Subordinated Lender to do so shall

    	 	Exhibit SS-11	 

     

    

not affect the foregoing agreement). If the
amount of the Award is in excess of all amounts owed to Lender under the Loan Documents, however, and either the Loan has been paid in
full or Borrower is entitled to a remittance of same under the Loan Documents other than to restore the Project, such excess Award or
portion to be so remitted to Borrower shall, to the extent permitted in the Loan Documents and required by the Subordinated Loan Documents,
be paid to or at the direction of Subordinated Lender, unless other Persons have claimed the right to such awards or proceeds, in which
case Lender shall only be required to provide notice to Subordinated Lender of such excess Award and of any other claims thereto. In the
event of any competing claims for any such excess Award, Lender shall continue to hold such excess Award until Lender receives an agreement
signed by all Persons making a claim to the excess Award or a final order of a court of competent jurisdiction directing Lender as to
how and to which Person(s) the excess Award is to be distributed. Notwithstanding the foregoing, in the event of a casualty or condemnation,
Lender shall release the Award from any such event to the Borrower if and to the extent required by the terms and conditions of the Loan
Documents in order to repair and restore the Project in accordance with the terms and provisions of the Loan Documents. Any portion of
the Award made available to the Borrower for the repair or restoration of the Project shall not be subject to attachment by Subordinated
Lender.

7.                 
Foreclosure of the Subordinated Mortgage: Subordinated Lender expressly agrees that, for so long as a Loan shall remain
outstanding, (A) due notice of the commencement of any foreclosure of the Subordinated Loan Documents shall be given to Lender, and
true copies of all papers served or entered in such action will be delivered to Lender, (B) no portion of the rents, issues and profits
of the Project shall be collected in connection with the foreclosure of the Subordinated Loan Documents except through a receiver appointed
by the court in which such foreclosure action is brought, after due notice for the appointment of such receiver shall have been given
to Lender, (C) the rents, issues and profits collected by any such receiver shall be applied first to the payment of taxes, maintenance
and operating charges and disbursements incurred in connection with the operation and maintenance of the Project and next to the payment
of principal and interest (including, without limitation, default interest and late payment charges) due under the Loan Documents, and
(D) if during the pendency of any such foreclosure action an action shall be brought for the foreclosure of the Loan Documents and
an application shall be made for an extension of the receivership for the benefit of Lender, all such rents, issues and profits held by
such receiver as of the date of such application shall be applied by the receiver solely for the benefit of Lender, and the Subordinated
Lender shall not be entitled to any portion thereof until Lender has received all amounts then due to it. Without limiting the generality
of the foregoing, Subordinated Lender consents to, and shall not object to, any action or proceeding at any time initiated by Lender for
the appointment of a receiver and Subordinated Lender further agrees that it shall not institute any action or proceeding for the appointment
of a receiver at any time during which a receiver shall have already been appointed for the benefit of Lender, and if Subordinated Lender
shall have appointed or caused the appointment of a receiver prior to Lender’s initiation of proceedings to do so, Subordinated
Lender agrees to take all action reasonably necessary to terminate such appointment in order to facilitate Lender’s appointment
of same.

8.                 
Rights of Subrogation. No payment or distribution to Lender pursuant to the provisions of this Agreement and no Protective
Advance by Subordinated Lender shall entitle Subordinated Lender to exercise any right of subrogation in respect thereof prior to the
payment in full of the Loan, and Subordinated Lender agrees that, except with respect to the enforcement

    	 	Exhibit SS-12	 

     

    

of its remedies under the Subordinated Loan
Documents permitted hereunder, prior to the satisfaction of all obligations under the Loan it shall not acquire, by subrogation or otherwise,
any lien, estate, right or other interest in any portion of the Project or any other collateral now securing the Loan or the proceeds
therefrom that is or may be prior to, or of equal priority to, any of the Loan Documents or the liens, rights, estates and interests created
thereby.

9.                 
Transfer of Subordinated Loan or Loan. Subordinated Lender shall not Transfer more than 49% of its beneficial interest in
the Subordinated Loan unless either (i) a Rating Agency Confirmation has been given with respect to such Transfer, in which case
the related transferee shall thereafter be deemed to be a “Qualified Transferee” for all purposes of this Agreement, or (ii) such
Transfer is to a Qualified Transferee. Any such transferee must assume in writing the obligations of Subordinated Lender hereunder and
agree to be bound by the terms and provisions hereof. Such proposed transferee shall also remake each of the representations and warranties
contained herein for the benefit of the Lender.

At least five (5) days
prior to a transfer to a Qualified Transferee, the Subordinated Lender shall provide to Lender a certification that such transfer will
be made in accordance with this Section 9, such certification to include the name and contact information of the Qualified Transferee,
and a statement as to how it meets the definition of Qualified Transferee.

Subordinated Lender acknowledges
that any Rating Agency Confirmation may be granted or denied by the Rating Agencies in their sole and absolute discretion and that such
Rating Agencies may charge customary fees in connection with any such action, which fee, together with any and all other reasonable costs
and expenses of Rating Agencies or Lender incurred in connection with the processing of same, including, without limitation, reasonable
attorneys’ fees and costs, shall be paid by Subordinated Lender.

Lender may, from time to
time, in its sole discretion Transfer all or any of the Loan or any interest therein, and notwithstanding any such Transfer or subsequent
Transfer, the Loan and the Loan Documents shall be and remain a senior obligation in the respects set forth in this Agreement to the Subordinated
Loan and the Subordinated Loan Documents in accordance with the terms and provisions of this Agreement.

Notwithstanding anything
contained in this Agreement, Subordinated Lender agrees that it shall in no event Transfer all or any part of the Subordinated Loan to
Borrower or to any Person which is an Affiliate of Borrower and any such Transfer shall be void ab initio.

10.             
Notices. All notices required to be given hereunder shall be sent by first class, certified or registered mail, postage
prepaid, return receipt requested, or delivered by hand, to either party at such party’s address first set forth above. Notices
shall be deemed to have been given when received. Either party may change its address for notices hereunder by written notice to the other
party.

    	 	Exhibit SS-13	 

     

    

11.             
 Obligations Hereunder Not Affected. All rights, interests, agreements and obligations of Lender and Subordinated Lender
under this Agreement shall remain in full force and effect irrespective of:

(i)                
any lack of validity or enforceability of the Loan Documents or the Subordinated Loan Documents or any other agreement or instrument
relating thereto;

(ii)             
any taking, exchange, release or non-perfection of any other collateral, or any taking, release or amendment or waiver of or consent
to or departure from any guaranty, for all or any portion of the Loan or the Subordinated Loan;

(iii)           
any manner of application of collateral, or proceeds thereof, to all or any portion of the Loan or the Subordinated Loan, or any
manner of sale or other disposition of any collateral for all or any portion of the Loan or the Subordinated Loan or any other assets
of Borrower or any other Affiliates of Borrower;

(iv)            
any change, restructuring or termination of the corporate structure or existence of Borrower or any other Affiliates of Borrower;
or

(v)              
any other circumstance which might otherwise constitute a defense available to, or a discharge of, Borrower or a subordinated creditor
or a Lender subject to the terms hereof.

12.             
Continued Effectiveness; Reinstatement. This Agreement shall continue to be effective or be reinstated, as the case may
be, if at any time any payment of all or any portion of the Loan is rescinded or must otherwise be returned by Lender or Subordinated
Lender upon the insolvency, bankruptcy or reorganization of Borrower or otherwise, all as though such payment had not been made.

13.             
Estoppel.

(a).            
Subordinated Lender shall, within ten (10) days following a request from Lender, provide Lender with a written statement setting
forth the then current outstanding principal balance of the Subordinated Loan, the aggregate accrued and unpaid interest under the Subordinated
Loan, and stating whether to Subordinated Lender’s knowledge any default or Event of Default exists under the Subordinated Loan,
it being intended that any such estoppel delivered pursuant to this Section 13 may be relied upon by Lender and by any prospective
purchaser of all or any interest in the Loan.

(b).            
Lender shall, within ten (10) days following a request from Subordinated Lender, provide Subordinated Lender with a written
statement setting forth the then current outstanding principal balance of the Loan, the aggregate accrued and unpaid interest under the
Loan, and stating whether to Lender’s knowledge any default or Event of Default exists under the Loan, it being intended that any
such estoppel delivered pursuant to this Section 13 may be relied upon by Subordinated Lender and by any prospective purchaser of
all or any interest in the Subordinated Loan.

    	 	Exhibit SS-14	 

     

    

14.             
 No Third Party Beneficiaries; No Modification. The parties hereto do not intend the benefits of this Agreement to inure
to Borrower, or any other Person other than the respective successors and permitted assignees of the parties hereto. This Agreement may
not be changed or terminated orally, but only by an agreement in writing signed by the party against whom enforcement of any change is
sought.

15.             
Counterpart Originals. This Agreement may be executed in counterpart originals, each of which shall constitute an original,
and all of which together shall constitute one and the same agreement.

16.             
No Waiver; Remedies. No failure on the part of Lender to exercise, and no delay in exercising, any right hereunder shall
operate as a waiver thereof, nor shall any single or partial exercise of any right hereunder preclude any other or further exercise thereof
or the exercise of any other right. The remedies herein provided are cumulative and not exclusive of any remedies provided by law.

17.             
No Joint Venture. Nothing provided herein is intended to create a joint venture, partnership, tenancy in common or joint
tenancy relationship between or among any of the parties hereto.

18.             
Captions. The captions in this Agreement are inserted only as a matter of convenience and for reference, and are not and
shall not be deemed to be a part hereof.

19.             
Conflicts. In the event of any conflict, ambiguity or inconsistency between the terms and conditions of this Agreement and
the terms and conditions of any of the Loan Documents or the Subordinated Loan Documents, the terms and conditions of this Agreement shall
control.

20.             
No Release. Nothing herein contained shall operate to release Borrower from (a) its obligation to keep and perform
all of the terms, conditions, obligations, covenants and agreements contained in the Loan Documents or (b) any liability of Borrower
under the Loan Documents or to release Borrower from (x) its obligation to keep and perform all of the terms, conditions, obligations,
covenants and agreements contained in the Subordinated Loan Documents or (y) any liability of Borrower under the Subordinated Loan
Documents.

21.             
Severability. In the event that any provision of this Agreement or the application hereof to any party hereto shall, to
any extent, be invalid or unenforceable under any applicable statute, regulation, or rule of law, then such provision shall be deemed
inoperative to the extent that it may conflict therewith and shall be deemed modified to conform to such statute, regulation or rule of
law, and the remainder of this Agreement and the application of any such invalid or unenforceable provisions to parties, jurisdictions
or circumstances other than to whom or to which it is held invalid or unenforceable, shall not be affected thereby nor shall same affect
the validity or enforceability of any other provision of this Agreement.

22.             
Expenses.

(a)              
Subordinated Lender agrees upon demand to pay to Lender the amount of any and all reasonable expenses, including, without limitation,
the reasonable fees and

    	 	Exhibit SS-15	 

     

    

expenses of its counsel and of any experts
or agents, which Lender may incur in connection with the (i) exercise or enforcement of any of the rights of Lender against Subordinated
Lender hereunder to the extent that Lender is the prevailing party in any dispute with respect thereto or (ii) failure by Subordinated
Lender to perform or observe any of the provisions hereof.

(b)              
Lender agrees upon demand to pay to Subordinated Lender the amount of any and all reasonable expenses, including, without limitation,
the reasonable fees and expenses of its counsel and of any experts or agents, which Subordinated Lender may incur in connection with the
(i) exercise or enforcement of any of the rights of Subordinated Lender against Lender hereunder to the extent that Subordinated
Lender is the prevailing party in any dispute with respect thereto or (ii) failure by Lender to perform or observe any of the provisions
hereof.

23.             
Injunction. Lender and Subordinated Lender each acknowledge (and waive any defense based on a claim) that monetary damages
are not an adequate remedy to redress a breach by the other hereunder and that a breach by either Lender or Subordinated Lender hereunder
would cause irreparable harm to the other. Accordingly, Lender and Subordinated Lender agree that upon a breach of this Agreement by the
other, the remedies of injunction, declaratory judgment and specific performance shall be available to such non breaching party.

24.             
Each of Lender and Subordinated Lender acknowledges that the Loan, the Loan Documents, the Subordinated Loan and the Subordinated
Loan Documents are distinct, separate transactions and loans, separate and apart from each other. Each of Lender and Subordinated Lender
agrees that the other shall be treated as a separate lender with a distinct and separate loan.

25.             
Waiver of Jury Trial. LENDER AND SUBORDINATED LENDER EACH EXPRESSLY AND UNCONDITIONALLY WAIVES, IN CONNECTION WITH ANY SUIT,
ACTION OR PROCEEDING RELATING TO THIS AGREEMENT, ANY AND EVERY RIGHT IT MAY HAVE TO A TRIAL BY JURY.

26.             
Successors and Assigns. This Agreement shall be binding upon and benefit both Lender and Subordinated Lender and their respective
permitted successors and assigns. Lender shall have the right to record this Agreement.

27.             
Governing Law. This Agreement and the rights and obligations of the parties hereunder shall be governed by and construed
and interpreted in accordance with the laws of the State of New York.

28.             
Amendments. No provision of this Agreement shall be waived, amended or supplemented except by written agreement of the party
charges with such waiver, amendment or supplement.

29.             
Continuing Agreement. This Agreement is a continuing agreement and shall remain in full force and effect until the earlier
of (a) payment in full of the Loan, (b) transfer of the Project by foreclosure of the Loan Documents or the exercise of the power of sale
contained therein or by deed-in-lieu of foreclosure, (c) transfer of the Project by foreclosure of the

    	 	Exhibit SS-16	 

     

    

Subordinated Loan Documents or the exercise
of the power of sale contained therein or by deed-in-lieu of foreclosure, or (d) payment in full of the Subordinated Loan; provided, however,
any rights or remedies of either party hereto arising out of any breach of any provision herein occurring prior to such date of termination
shall survive such termination.

IN WITNESS WHEREOF, the
parties hereto have executed this Agreement as of the date first above written.

	 

	LENDER:

	 

	 

	 

	 

	[__________]

	 	 	 
	 

	 

	 

	 

	By:

	 

	 

	 

	 	 
	 

	SUBORDINATED
                                         LENDER:

	 

	 

	 

	 

	[__________]

	 	 	 
	 

	 

	 

	 

	By:

	 

    	 	Exhibit SS-17	 

     

    

 

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

 

On the __ day of ________
in the year 20__ before me, the undersigned, personally appeared _________, personally known to me or proved to me on the basis of satisfactory
evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his
capacity, and that by his signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed
the instrument.

	 	 
	
 

	
Signature and Office of individual 

taking
acknowledgment

 

 

 

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

 

On the ___ day of _________
in the year 20__ before me, the undersigned, personally appeared _________, personally known to me or proved to me on the basis of satisfactory
evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his
capacity, and that by his signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed
the instrument.

	 	 
	
 

	
Signature and Office of individual

taking acknowledgment

 

    	 	Exhibit SS-18	 

     

    

 

Exhibit
TT

 

FORM OF EXCHANGE LETTER

 

[Certificateholder’s letterhead]

[Date]

Computershare Trust Company, National Association,

as Certificate Administrator

9062 Old Annapolis Road

Columbia, Maryland 21045

Attention: Corporate Trust Services (CMBS)

BANK 2022-BNK41

trustadministrationgroup@wellsfargo.com

cts.cmbs.bond.admin@wellsfargo.com

 

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41

In accordance with Section
5.11(d) of the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between
Morgan Stanley Capital I Inc., as Depositor, Wells Fargo Bank, National Association, as General Master Servicer, Rialto Capital Advisors,
LLC, as General Special Servicer, National Cooperative Bank, N.A., as NCB Master Servicer and NCB Special Servicer, Computershare Trust
Company, National Association, as Certificate Administrator, Wilmington Trust, National Association, as Trustee, and Pentalpha Surveillance
LLC, as Operating Advisor and as Asset Representations Reviewer, we hereby (i) certify that as of the above date, the undersigned is the
beneficial owner of the Exchangeable Certificate set forth below under “Exchangeable Certificates to be Surrendered”, is duly
authorized to deliver this notice to the Certificate Administrator and that such power has not been granted or assigned to any other Person
and the Certificate Administrator may conclusively rely upon this notice and (ii) give notice of our intent to present and surrender the
Exchangeable Certificates set forth below under “Exchangeable Certificates to be Surrendered” and all of our right, title
and interest in and to such Exchangeable Certificates, including all payments of interest thereon received after [_____________], in exchange
for the corresponding Exchangeable Certificates set forth below under “Exchangeable Certificates to be Received”. We propose
an Exchange Date of [______].

We agree that upon such exchange,
our interests in the portion(s) of the Exchangeable Certificates surrendered in exchange shall be reduced and our interest in the portion(s)
of the Exchangeable Certificates received in such exchange shall be increased.

	 	Exchangeable
    Certificates to be Surrendered
	Exchangeable
    Certificates to be Received 

	Class(es)	[_]	[_]

    	 	Exhibit TT-1	 

     

    

 

	CUSIP(s)	[_]	[_]
	Original
    Certificate Balance(s)/Notional Amount(s)	$[_]	$[_]
	Outstanding
    Certificate Balance(s)/Notional Amount(s)	$[_]	$[_]

 

    	 	Exhibit TT-2	 

     

    

Our Depository participant
number is [________].

 

	
 

	
Sincerely,

	 	 
	
 

	
 

	
 

	
 

	
By:

	
 

	
 

	Name:

	
 

	Title:

[Medallion Stamp Guarantee]

    	 	Exhibit TT-3	 

     

    

Exhibit
UU

 

FORM OF CERTIFICATE ADMINISTRATOR
RECEIPT OF THE RR INTEREST

 

[Date]

 

Morgan Stanley Capital I Inc.

1585 Broadway

New York, New York 10036

Attention:  Jane Lam

 

Morgan Stanley Mortgage Capital Holdings LLC,

as Retaining Sponsor

1585 Broadway

New York, New York 10036

Attention: Jane Lam

 

Morgan Stanley Mortgage Capital Holdings LLC,

as Retaining Sponsor

1633 Broadway, 29th Floor

New York, New York 10019

Attention: Legal Compliance Division

 

with a copy to

 

cmbs_notices@morganstanley.com

 

Morgan Stanley Bank, N.A.

1585 Broadway

New York, New York 10036

 

Bank of America, National Association

One Bryant Park

New York, New York 10036

 

Wells Fargo Bank, National Association

301 South College St.

Charlotte, North Carolina 28202

 

		Re:	BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series 2022-BNK41

In accordance with Section
5.02 of the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), the Certificate
Administrator hereby acknowledges receipt and possession of and further agrees that it will hereafter hold in the Retained Interest Safekeeping
Account $[_____] of the RR Interest in the form of a [144A Global

    	 	Exhibit UU-1	 

     

    

Certificate][Definitive Certificate] (CUSIP No.
[_]), which constitute the RR Interest as defined in the Pooling and Servicing Agreement, for the benefit of Morgan Stanley Bank, N.A.,
Wells Fargo Bank, National Association and Bank of America, National Association, each an initial Holder of the RR Interest, as the registered
holders thereof. A copy of such RR Interest is attached as Exhibit A-1. Payments on the RR Interest will be made to each registered holder
thereof in accordance with the Pooling and Servicing Agreement.

    	 	Exhibit UU-2	 

     

    

 

Capitalized terms used but
not defined herein shall have the respective meanings set forth in the Pooling and Servicing Agreement.

	
 

	
Computershare Trust Company, National
Association, as Certificate Administrator for the Holders of the BANK 2022-BNK41, Commercial Mortgage Pass-Through Certificates, Series
2022-BNK41

	 	 	 
	
 

	
 

	
 

	
 

	
By:

	
 

	
 

	
 

	
[Name]

	
 

	
 

	
[Title]

    	 	Exhibit UU-3	 

     

    

EXHIBIT A-1

 

 

 

 

 

 

    	 	Exhibit UU-4	 

     

    

SCHEDULE 1

Mortgage
Loans with Additional Debt

1.                 
Constitution Center

2.                 
Dallas Design District

3.                 
Life Science Office Portfolio

4.                 
601 Lexington Avenue

5.                 
UCI Research Park Phases 12 & 13

6.                 
Norfolk Premium

7.                 
Shearer’s Industrial Portfolio

8.                 
Jounral Squared Tower 2

9.                 
Silver Sands Premium Outlets

10.             
ExchangeRight Net Leased Portfolio #54

11.             
ILPT Logistics Portfolio

12.             
The Seven Park Avenue Corporation a/k/a Park Avenue & 35th Street Corp.

13.             
Soho Plaza Corp.

14.             
24 Central Park South, Inc.

15.             
Grinnell Housing Development Fund Corporation

16.             
30 Fifth Avenue Owners Incorporated

17.             
51 Fifth Avenue Owners Corp.

18.             
333 West End Tenants Corp.

19.             
Gateway Apartment Owners Corp.

20.             
620-640 Pelham Owners Corp.

21.             
Saxon House Apartment Corp.

22.             
Locust Street Owners Inc.

23.             
325 House Inc.

 

    	 	Schedule 1-1	 

     

    

24.             
 345 East 77th Street Owners, Inc.

25.             
Fairfield Owners Corp.

26.             
Sun Garden Homes Association, Inc.

27.             
920 Union Street Tenants’ Corporation

 

    	 	Schedule 1-2	 

     

    

SCHEDULE 2

CLASS A-SB PLANNED PRINCIPAL BALANCE SCHEDULE

 

	Distribution Date	Class A-SB Planned 

Principal Balance ($)
	June 2022	18,700,000.00 
	July 2022	18,700,000.00
	August 2022	18,700,000.00
	September 2022	18,700,000.00
	October 2022	18,700,000.00
	November 2022	18,700,000.00
	December 2022	18,700,000.00
	January 2023	18,700,000.00
	February 2023	18,700,000.00
	March 2023	18,700,000.00
	April 2023	18,700,000.00
	May 2023	18,700,000.00
	June 2023	18,700,000.00
	July 2023	18,700,000.00
	August 2023	18,700,000.00
	September 2023	18,700,000.00
	October 2023	18,700,000.00
	November 2023	18,700,000.00
	December 2023	18,700,000.00
	January 2024	18,700,000.00
	February 2024	18,700,000.00
	March 2024	18,700,000.00
	April 2024	18,700,000.00
	May 2024	18,700,000.00
	June 2024	18,700,000.00
	July 2024	18,700,000.00
	August 2024	18,700,000.00
	September 2024	18,700,000.00
	October 2024	18,700,000.00
	November 2024	18,700,000.00
	December 2024	18,700,000.00
	January 2025	18,700,000.00
	February 2025	18,700,000.00
	March 2025	18,700,000.00
	April 2025	18,700,000.00
	May 2025	18,700,000.00
	June 2025	18,700,000.00
	July 2025	18,700,000.00
	August 2025	18,700,000.00
	September 2025	18,700,000.00
	October 2025	18,700,000.00
	November 2025	18,700,000.00
	December 2025	18,700,000.00
	January 2026	18,700,000.00
	February 2026	18,700,000.00
	March 2026	18,700,000.00
	April 2026	18,700,000.00
	May 2026	18,700,000.00
	June 2026	18,700,000.00
	July 2026	18,700,000.00
	August 2026	18,700,000.00
	September 2026	18,700,000.00
	October 2026	18,700,000.00
	November 2026	18,700,000.00

	Distribution Date	Class A-SB Planned 

Principal Balance ($)
	December 2026	18,700,000.00
	January 2027	18,700,000.00
	February 2027	18,700,000.00
	March 2027	18,700,000.00
	April 2027	18,700,000.00
	May 2027	18,665,187.71
	June 2027	18,368,389.97
	July 2027	18,047,251.16
	August 2027	17,748,267.00
	September 2027	17,448,225.99
	October 2027	17,123,937.13
	November 2027	16,821,686.46
	December 2027	16,495,251.44
	January 2028	16,190,775.26
	February 2028	15,885,222.26
	March 2028	15,532,571.11
	April 2028	15,224,685.15
	May 2028	14,892,776.77
	June 2028	14,582,624.87
	July 2028	14,248,515.68
	August 2028	13,936,081.59
	September 2028	13,622,541.72
	October 2028	13,285,141.92
	November 2028	12,969,295.56
	December 2028	12,629,655.54
	January 2029	12,311,486.13
	February 2029	11,992,190.06
	March 2029	11,604,071.91
	April 2029	11,282,263.70
	May 2029	10,936,833.13
	June 2029	10,612,659.04
	July 2029	10,264,930.57
	August 2029	9,938,373.62
	September 2029	9,610,659.44
	October 2029	9,259,492.59
	November 2029	8,929,370.11
	December 2029	8,575,864.16
	January 2030	8,243,316.10
	February 2030	7,909,588.98
	March 2030	7,508,388.81
	April 2030	7,172,049.27
	May 2030	6,812,504.84
	June 2030	6,473,694.98
	July 2030	6,111,751.23
	August 2030	5,770,453.31
	September 2030	5,427,944.42
	October 2030	5,062,407.88
	November 2030	4,717,384.34
	December 2030	4,349,405.39
	January 2031	4,001,849.10
	February 2031	3,653,058.99
	March 2031	3,238,203.91
	April 2031	2,886,696.59
	May 2031	2,512,420.12

 

    	 	Schedule 2-1	 

     

    

	Distribution Date	Class A-SB Planned 

Principal Balance ($)
	June 2031	2,158,333.40
	July 2031	1,781,551.61
	August 2031	1,424,866.90
	September 2031	1,066,915.04

	Distribution Date	Class A-SB Planned 

Principal Balance ($)
	October 2031	686,379.13
	November 2031	325,801.48
	December 2031 and thereafter	0.00

  

 

    	 	Schedule 2-2	 

     

    

SCHEDULE 3

MORTGAGE
LOANS (OTHER THAN ncb co-op lOANS) WITH ESCROWS OR RESERVES EXCEEDING 10% OF THE INITIAL PRINCIPAL BALANCE OF THE MORTGAGE LOAN OR (IF
APPLICABLE) WHOLE LOAN

None.

 

    	 	Schedule 3-1Exhibit 4.4

 

EXECUTION
VERSION

 

CITIGROUP
COMMERCIAL MORTGAGE SECURITIES INC.,

Depositor,

 

KEYBANK
NATIONAL ASSOCIATION,

Master
Servicer,

 

KEYBANK
NATIONAL ASSOCIATION,

Special
Servicer,

 

PARK
BRIDGE LENDER SERVICES LLC,

Operating
Advisor and Asset Representations Reviewer,

 

COMPUTERSHARE
TRUST COMPANY, NATIONAL ASSOCIATION,

Certificate
Administrator,

 

and

 

WILMINGTON
TRUST, NATIONAL ASSOCIATION,

Trustee

 

 

 

POOLING
AND SERVICING AGREEMENT

Dated
as of May 1, 2022

 

 

 

Benchmark
2022-B35 Mortgage Trust 

Commercial Mortgage Pass-Through Certificates 

Series 2022-B35

 

     

     

    

 

TABLE
OF CONTENTS

 

	 	 	Page
	 	 	 
	ARTICLE
    I
	 	 	 
	DEFINITIONS
	 
	Section
    1.01	Defined
    Terms	7
	Section
    1.02	Certain
    Calculations	136
	Section
    1.03	Certain
    Constructions	140
	 	 	 
	ARTICLE II
	 	 	 
	CONVEYANCE
    OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF CERTIFICATES
	 
	Section
    2.01	Conveyance
    of Mortgage Loans	141
	Section
    2.02	Acceptance
    by the Trustee, the Custodian and the Certificate Administrator	148
	Section
    2.03	Mortgage
    Loan Sellers’ Repurchase, Substitution or Cures of   Mortgage Loans for Document Defects in Mortgage Files
    and Breaches of Representations and Warranties	150
	Section
    2.04	Representations
    and Warranties of the Depositor	166
	Section
    2.05	Representations,
    Warranties and Covenants of the Master Servicer	168
	Section
    2.06	Representations,
    Warranties and Covenants of the Special Servicer	170
	Section
    2.07	Representations
    and Warranties of the Trustee	172
	Section
    2.08	Representations
    and Warranties of the Certificate Administrator	173
	Section
    2.09	Representations,
    Warranties and Covenants of the Operating Advisor	175
	Section
    2.10	Representations,
    Warranties and Covenants of the Asset Representations Reviewer	177
	Section
    2.11	Execution
    and Delivery of Certificates; Issuance of Lower-Tier Regular Interests	179
	Section
    2.12	Miscellaneous
    REMIC and Grantor Trust Provisions	179
	 	 	 
	ARTICLE
    III
	 
	ADMINISTRATION
    AND SERVICING OF THE MORTGAGE LOANS
	 
	Section
    3.01	Master
    Servicer to Act as Master Servicer; Administration of the Mortgage Loans; Sub-Servicing Agreements; Outside Serviced Mortgage
    Loans	180
	Section
    3.02	Liability
    of the Master Servicer and the Special Servicer	194
	Section
    3.03	Collection
    of Certain Mortgage Loan Payments	194
	Section
    3.04	Collection
    of Taxes, Assessments and Similar Items; Escrow Accounts	196
	Section
    3.05	Collection
    Account; Distribution Accounts; and Excess Liquidation Proceeds Reserve Account; and Excess Interest Distribution Account	199
	Section
    3.05A	Loan
    Combination Custodial Account	203
	Section
    3.06	Permitted
    Withdrawals From the Collection Account	206
	Section
    3.06A.	Permitted
    Withdrawals From the Loan Combination Custodial Account	213

 

    - i -

     

    

 

	 	 	Page
	 	 	 
	Section
    3.07	Investment
    of Funds in the Collection Account, the REO Account, the Mortgagor Accounts, and Other Accounts	217
	Section
    3.08	Maintenance
    of Insurance Policies and Errors and Omissions and Fidelity Coverage	220
	Section
    3.09	Enforcement
    of Due-On-Sale and Due-On-Encumbrance Clauses; Assumption Agreements; Defeasance Provisions	224
	Section
    3.10	Appraisal
    Reductions; Calculation and Allocation of Collateral Deficiency Amounts; Realization Upon Defaulted Loans	231
	Section
    3.11	Trustee,
    Certificate Administrator and Custodian to Cooperate; Release of Mortgage Files	238
	Section
    3.12	Servicing
    Fees, Trustee/Certificate Administrator Fees and Special Servicing Compensation	239
	Section
    3.13	Compensating
    Interest Payments	249
	Section
    3.14	Application
    of Penalty Charges and Modification Fees	250
	Section
    3.15	Access
    to Certain Documentation	251
	Section
    3.16	Title
    and Management of REO Properties	253
	Section
    3.17	Sale
    of Defaulted Loans and REO Properties; Sale of Outside Serviced Mortgage Loans	257
	Section
    3.18	Additional
    Obligations of the Master Servicer; Inspections; Obligation to Notify Ground Lessors; Delivery of Certain Reports to the Serviced
    Companion Loan Holder	265
	Section
    3.19	Lock-Box
    Accounts, Escrow Accounts	266
	Section
    3.20	Property
    Advances	266
	Section
    3.21	Appointment
    of Special Servicer; Asset Status Reports	271
	Section
    3.22	Transfer
    of Servicing Between Master Servicer and Special Servicer; Record Keeping	276
	Section
    3.23	Interest
    Reserve Account	277
	Section
    3.24	Modifications,
    Waivers, Amendments and Other Actions	278
	Section
    3.25	Additional
    Obligations With Respect to Certain Mortgage Loans	283
	Section
    3.26	Certain
    Matters Relating to the Outside Serviced Mortgage Loans	283
	Section
    3.27	Additional
    Matters Regarding Advance Reimbursement	284
	Section
    3.28	Serviced
    Companion Loan Intercreditor Matters	286
	Section
    3.29	Appointment
    and Duties of the Operating Advisor	289
	Section
    3.30	Rating
    Agency Confirmation	295
	Section
    3.31	General
    Acknowledgement Regarding Companion Loan Holders	299
	Section
    3.32	Delivery
    of Excluded Information to the Certificate Administrator	299
	 
	ARTICLE
    IV
	 
	DISTRIBUTIONS
    TO CERTIFICATEHOLDERS
	 	 	 
	Section
    4.01	Distributions	300
	Section
    4.02	Statements
    to Certificateholders and Uncertificated VRR Interest Owners; Certain Reports by the Master Servicer and the Special Servicer	315
	Section
    4.03	Compliance
    With Withholding Requirements	336
	Section
    4.04	REMIC
    Compliance	336

 

    - ii -

     

    

 

	 	 	Page
	 	 	 
	Section
    4.05	Imposition
    of Tax on the Trust REMICs	338
	Section
    4.06	Remittances;
    P&I Advances	340
	Section
    4.07	Grantor
    Trust Reporting	345
	Section
    4.08	Calculations	347
	Section
    4.09	Secure
    Data Room	347
	 	 	 
	ARTICLE
    V
	 
	THE
    CERTIFICATES
	 
	Section
    5.01	The
    Certificates	348
	Section
    5.02	Form
    and Registration	349
	Section
    5.03	Registration
    of Transfer and Exchange of Certificates	353
	Section
    5.04	Mutilated,
    Destroyed, Lost or Stolen Certificates	363
	Section
    5.05	Persons
    Deemed Owners	364
	Section
    5.06	Appointment
    of Paying Agent	364
	Section
    5.07	Access
    to Certificateholders’ Names and Addresses; Special Notices	364
	Section
    5.08	Actions
    of Certificateholders	366
	Section
    5.09	Authenticating
    Agent	366
	Section
    5.10	Appointment
    of Custodian	367
	Section
    5.11	Maintenance
    of Office or Agency	368
	Section
    5.12	Voting
    Procedures	368
	 	 	 
	ARTICLE VI
	 
	THE DEPOSITOR, THE MASTER SERVICER, THE SPECIAL SERVICER, THE OPERATING ADVISOR, THE ASSET REPRESENTATIONS REVIEWER AND THE CONTROLLING CLASS REPRESENTATIVE
	 
	Section
    6.01	Liability
    of the Depositor, the Master Servicer, the Special Servicer, the Asset Representations Reviewer and the Operating Advisor	370
	Section
    6.02	Merger
    or Consolidation of the Master Servicer, the Special Servicer, the Operating Advisor and the Asset Representations Reviewer	370
	Section
    6.03	Limitation
    on Liability of the Depositor, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations
    Reviewer and Others	371
	Section
    6.04	Limitation
    on Resignation of the Master Servicer, the Special Servicer or the Operating Advisor	373
	Section
    6.05	Rights
    of the Depositor, the Trustee and the Certificate Administrator in Respect of the Master Servicer and Special Servicer	375
	Section
    6.06	Master
    Servicer, Special Servicer as Owner of a Certificate	376
	Section
    6.07	Rating
    Agency Fees	377
	Section
    6.08	Termination
    of the Special Servicer	377
	Section
    6.09	The
    Directing Holder, the Controlling Class Representative and the Risk Retention Consultation Parties	383
	 	 	 
	ARTICLE
    VII
	 
	DEFAULT

 

    - iii -

     

    

 

	 	 	Page
	 	 	 
	Section
    7.01	Servicer
    Termination Events	393
	Section
    7.02	Trustee
    to Act; Appointment of Successor	399
	Section
    7.03	Notification
    to Certificateholders	401
	Section
    7.04	Other
    Remedies of Trustee	401
	Section
    7.05	Waiver
    of Past Servicer Termination Events and Operating Advisor Termination Events; Termination	402
	Section
    7.06	Termination
    of the Operating Advisor	403
	 	 	 
	ARTICLE
    VIII
	 
	CONCERNING
    THE TRUSTEE AND THE CERTIFICATE ADMINISTRATOR
	 
	Section
    8.01	Duties
    of the Trustee and the Certificate Administrator	406
	Section
    8.02	Certain
    Matters Affecting the Trustee and the Certificate Administrator	410
	Section
    8.03	Neither
    the Trustee Nor the Certificate Administrator Is Liable for Certificates or Mortgage Loans	413
	Section
    8.04	Trustee
    and Certificate Administrator May Own Certificates	414
	Section
    8.05	Payment
    of Trustee/Certificate Administrator Fees and Expenses; Indemnification	414
	Section
    8.06	Eligibility
    Requirements for the Trustee and the Certificate Administrator	417
	Section
    8.07	Resignation
    and Removal of the Trustee or the Certificate Administrator	418
	Section
    8.08	Successor
    Trustee or Successor Certificate Administrator	420
	Section
    8.09	Merger
    or Consolidation of the Trustee or the Certificate Administrator	421
	Section
    8.10	Appointment
    of Co-Trustee or Separate Trustee	422
	Section
    8.11	Access
    to Certain Information	423
	 	 	 
	ARTICLE
    IX
	 
	TERMINATION;
    OPTIONAL MORTGAGE LOAN PURCHASE
	 
	Section
    9.01	Termination;
    Optional Mortgage Loan Purchase	425
	 	 	 
	ARTICLE
    X
	 
	EXCHANGE
    ACT REPORTING AND REGULATION AB COMPLIANCE
	 
	Section
    10.01	Intent
    of the Parties; Reasonableness	430
	Section
    10.02	Succession;
    Sub-Servicers; Subcontractors	430
	Section
    10.03	Filing
    Obligations	433
	Section
    10.04	Form
    10-D and Form ABS-EE Filings	434
	Section
    10.05	Form
    10-K Filings	438
	Section
    10.06	Sarbanes-Oxley
    Certification	442
	Section
    10.07	Form
    8-K Filings	442
	Section
    10.08	Annual
    Compliance Statements	445

 

    - iv -

     

    

 

	 	 	Page
	 	 	 
	Section
    10.09	Annual
    Reports on Assessment of Compliance With Servicing Criteria	446
	Section
    10.10	Annual
    Independent Public Accountants’ Servicing Report	448
	Section
    10.11	Significant
    Obligors	449
	Section
    10.12	Indemnification	450
	Section
    10.13	Amendments	453
	Section
    10.14	Regulation
    AB Notices	453
	Section
    10.15	Termination
    of the Certificate Administrator	454
	Section
    10.16	Termination
    of the Master Servicer or the Special Servicer	454
	Section
    10.17	Termination
    of Sub-Servicing Agreements	454
	Section
    10.18	Notification
    Requirements and Deliveries in Connection With Securitization of a Serviced Companion Loan	455
	Section
    10.19	Termination
    of Exchange Act Filings With Respect to the Trust	457
	 	 	 
	ARTICLE
    XI
	 
	ASSET
    REVIEW PROVISIONS
	 
	Section
    11.01	Asset
    Review	458
	Section
    11.02	Payment
    of Asset Representations Asset Review Fee and Expenses; Limitation of Liability	464
	Section
    11.03	Resignation
    of the Asset Representations Reviewer	466
	Section
    11.04	Restrictions
    of the Asset Representations Reviewer	466
	Section
    11.05	Termination
    of the Asset Representations Reviewer	466
	 	 	 
	ARTICLE
    XII
	 
	MISCELLANEOUS
    PROVISIONS
	 
	Section
    12.01	Counterparts	469
	Section
    12.02	Limitation
    on Rights of Certificateholders and the Uncertificated VRR Interest Owners	470
	Section
    12.03	Governing
    Law	471
	Section
    12.04	Notices	471
	Section
    12.05	Severability
    of Provisions	481
	Section
    12.06	Notice
    to the Rule 17g-5 Information Provider, Depositor and Each Rating Agency	481
	Section
    12.07	Amendment	483
	Section
    12.08	Confirmation
    of Intent	487
	Section
    12.09	Third-Party
    Beneficiaries	488
	Section
    12.10	Request
    by Certificateholders or the Serviced Companion Loan Holder	488
	Section
    12.11	Waiver
    of Jury Trial	489
	Section
    12.12	Submission
    to Jurisdiction	489
	Section
    12.13	Exchange
    Act Rule 17g-5 Procedures	489
	Section
    12.14	Cooperation
    With the Mortgage Loan Sellers With Respect to Rights Under the Loan Agreements	495
	Section
    12.15	Electronic
    Signatures	495

 

    - v -

     

    

 

TABLE
OF EXHIBITS

 

	Exhibit
    A-1	Form
    of Class A-1 Certificate
	Exhibit
    A-2	Form
    of Class A-2 Certificate
	Exhibit
    A-3	Form
    of Class A-3-1 Certificate
	Exhibit
    A-4	Form
    of Class A-3-2 Certificate
	Exhibit
    A-5	Form
    of Class A-4-1 Certificate
	Exhibit
    A-6	Form
    of Class A-4-2 Certificate
	Exhibit
    A-7	Form
    of Class A-5 Certificate
	Exhibit
    A-8	Form
    of Class A-SB Certificate
	Exhibit
    A-9	Form
    of Class X-A Certificate
	Exhibit
    A-10	Form
    of Class A-S Certificate
	Exhibit
    A-11	Form
    of Class B Certificate
	Exhibit
    A-12	Form
    of Class C Certificate
	Exhibit
    A-13	Form
    of Class X-D Certificate
	Exhibit
    A-14	Form
    of Class X-F Certificate
	Exhibit
    A-15	Form
    of Class X-G Certificate
	Exhibit
    A-16	Form
    of Class X-H Certificate
	Exhibit
    A-17	Form
    of Class X-J Certificate
	Exhibit
    A-18	Form
    of Class D Certificate
	Exhibit
    A-19	Form
    of Class E Certificate
	Exhibit
    A-20	Form
    of Class F Certificate
	Exhibit
    A-21	Form
    of Class G Certificate
	Exhibit
    A-22	Form
    of Class H Certificate
	Exhibit
    A-23	Form
    of Class J Certificate
	Exhibit
    A-24	Form
    of Class R Certificate
	Exhibit
    A-25	Form
    of Class S Certificate
	Exhibit
    A-26	Form
    of Class VRR Certificate
	Exhibit
    B	Mortgage
    Loan Schedule
	Exhibit
    C	Form
    of Request for Release
	Exhibit
    D	Form
    of Distribution Date Statement
	Exhibit
    E	Form
    of Transfer Certificate for Rule 144A Global Certificate to Temporary Regulation S Global Certificate
	Exhibit
    F	Form
    of Transfer Certificate for Rule 144A Global Certificate to Regulation S Global Certificate
	Exhibit
    G	Form
    of Transfer Certificate for Temporary Regulation S Global Certificate to Rule 144A Global Certificate during Restricted Period
	Exhibit
    H	Form
    of Certification to be given by Certificate Owner of Temporary Regulation S Global Certificate
	Exhibit
    I	Form
    of Transfer Certificate for Non-Book Entry Certificate to Temporary Regulation S Global Certificate
	Exhibit
    J	Form
    of Transfer Certificate for Non-Book Entry Certificate to Regulation S Global Certificate
	Exhibit
    K	Form
    of Transfer Certificate for Non-Book Entry Certificate to Rule 144A Global Certificate
	Exhibit
    L-1	Form
    of Affidavit Pursuant to Sections 860D(a)(6)(A) and 860E(e)(4) of the Internal Revenue Code of 1986, as Amended

 

    - i -

     

    

	 	 
	Exhibit
    L-2A	Form
    of Transferor Letter for Transfer of Class R Certificates
	Exhibit
    L-2B	Form
    of Transferor Letter for Transfer of Non-Book Entry Certificates (other than Public Certificates)
	Exhibit
    L-3	Form
    of Transferee Letter
	Exhibit
    L-4	Form
    of Investment Representation Letter
	Exhibit
    L-5A	Form
    of Transferee Certificate for Transfer of Class VRR Certificates
	Exhibit
    L-5B	[RESERVED]
	Exhibit
    L-6A	Form
    of Transferor Certificate for Transfer of Class VRR Certificates
	Exhibit
    L-6B	[RESERVED]
	Exhibit
    L-7A	Form
    of Transferee Certificate for Transfer of Uncertificated VRR Interest
	Exhibit
    L-7B	Form
    of Transferor Certificate for Transfer of Uncertificated VRR Interest
	Exhibit
    M-1A	Form
    of Investor Certification for Non-Borrower Party (for persons other than the Controlling Class Representative and/or a Controlling
    Class Certificateholder)
	Exhibit
    M-1B	Form
    of Investor Certification for Non-Borrower Party (for the Controlling Class Representative and/or Controlling Class Certificateholder)
	Exhibit
    M-1C	Form
    of Investor Certification for Borrower Party (for the Controlling Class Representative and/or a Controlling Class Certificateholder)
	Exhibit
    M-1D	Form
    of Investor Certification for Borrower Party (for persons other than the Controlling Class Representative, a Controlling Class
    Certificateholder, a Risk Retention Consultation Party, a Holder of Class VRR Certificate(s) or an Uncertificated VRR Interest
    Owner)
	Exhibit
    M-1E	Form
    of Investor Certification for Borrower Party (for a Risk Retention Consultation Party, a Holder of Class VRR Certificate(s)
    or an Uncertificated VRR Interest Owner)
	Exhibit
    M-1F	Form
    of Notice of Excluded Controlling Class Holder
	Exhibit
    M-1G	Form
    of Notice of Excluded Controlling Class Holder to Certificate Administrator
	Exhibit
    M-1H	Form
    of Certification of the Controlling Class Representative
	Exhibit
    M-1I	Form
    of Certification of a Risk Retention Consultation Party
	Exhibit
    M-2A	Form
    of Investor Certification for Exercising Voting Rights for Non-Borrower Party
	Exhibit
    M-2B	Form
    of Investor Certification for Exercising Voting Rights for Borrower Party
	Exhibit
    M-3	Form
    of Online Vendor Certification
	Exhibit
    M-4	Form
    of Confidentiality Agreement
	Exhibit
    M-5	Form
    of NRSRO Certification
	Exhibit
    N	Custodian
    Certification
	Exhibit
    O	Servicing
    Criteria to be Addressed in Assessment of Compliance
	Exhibit
    P	[RESERVED]
	Exhibit
    Q	Retained
    Defeasance Rights and Obligations Mortgage Loans
	Exhibit
    R	Form
    of Operating Advisor Annual Report
	Exhibit
    S	Sub-Servicing
    Agreements

 

    - ii -

     

    

	 	 
	Exhibit
    T	Form
    of Recommendation of Special Servicer Termination
	Exhibit
    U	Additional
    Form 10-D Disclosure
	Exhibit
    V	Additional
    Form 10-K Disclosure
	Exhibit
    W-1	Form
    of Additional Disclosure Notification
	Exhibit
    W-2	Form
    of Additional Disclosure Notification (Accounts)
	Exhibit
    W-3	Form
    of Notice of Additional Indebtedness Notification
	Exhibit
    X	Form
    Certification to be Provided with Form 10-K
	Exhibit
    Y-1	Form
    of Certification to be Provided to Depositor by the Certificate Administrator
	Exhibit
    Y-2	Form
    of Certification to be Provided to Depositor by the Master Servicer
	Exhibit
    Y-3	Form
    of Certification to be Provided to Depositor by the Special Servicer
	Exhibit
    Y-4	Form
    of Certification to be Provided to Depositor by the Operating Advisor
	Exhibit
    Y-5	Form
    of Certification to be Provided to Depositor by the Custodian
	Exhibit
    Y-6	Form
    of Certification to be Provided to Depositor by the Trustee
	Exhibit
    Y-7	Form
    of Certification to be Provided to Depositor by the Asset Representations
    Reviewer
	Exhibit
    Y-8	Form
    of Certification to be Provided to Depositor by a Sub-Servicer
	Exhibit
    Z	Form
    8-K Disclosure Information
	Exhibit
    AA-1	Form
    of Power of Attorney for Master Servicer
	Exhibit
    AA-2	Form
    of Power of Attorney for Special Servicer
	Exhibit
    BB	Class
    A-SB Scheduled Principal Balance
	Exhibit
    CC-1	Form
    of Transferor Certificate for Transfer of the Excess Servicing Fee Rights
	Exhibit
    CC-2	Form
    of Transferee Certificate for Transfer of the Excess Servicing Fee Rights
	Exhibit
    DD	Form
    of Notice and Certification Regarding Defeasance of Mortgage Loan
	Exhibit
    EE	[RESERVED]
	Exhibit
    FF-1	Form
    of Notice Regarding Outside Serviced Mortgage Loan (One Wilshire, Bedrock Portfolio and Grede Casting Industrial Portfolio)
	Exhibit
    FF-2	Form
    of Notice Regarding Outside Serviced Mortgage Loan (ILPT Logistics Portfolio)
	Exhibit
    FF-3	Form
    of Notice Regarding Outside Serviced Mortgage Loan (200 West Jackson)
	Exhibit
    FF-4	Form
    of Notice Regarding Outside Serviced Mortgage Loan (601 Lexington Avenue)
	Exhibit
    FF-5	Form
    of Notice Regarding Outside Serviced Mortgage Loan (Novo Nordisk HQ)
	Exhibit
    FF-6	Form
    of Notice Regarding Outside Serviced Mortgage Loan (Gem Tower)
	Exhibit
    GG	Specified
    Mortgage Loans
	Exhibit
    HH	Form
    of Asset Review Report
	Exhibit
    II	Form
    of Asset Review Report Summary

 

    - iii -

     

    

 

	Exhibit
    JJ	Asset
    Review Procedures
	Exhibit
    KK	Form
    of Certification to Certificate Administrator Requesting Access to Secure Data Room
	Exhibit
    LL	Form
    of Notice of [Additional Delinquent Loan][Cessation of Delinquent Loan][Cessation of Asset Review Trigger]
	Exhibit
    MM	Form
    of Certificate Administrator Receipt in Respect of Risk Retention Certificates
	Exhibit
    NN	Initial
    Serviced Companion Loan Holders

 

    - iv -

     

    

 

Pooling
and Servicing Agreement, dated as of May 1, 2022, among Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National
Association, as Master Servicer, KeyBank National Association, as Special Servicer, Park Bridge Lender Services LLC, as Operating
Advisor and as Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate Administrator,
and Wilmington Trust, National Association, as Trustee.

 

PRELIMINARY
STATEMENT:

 

(Terms
used but not defined in this Preliminary Statement shall have the meanings 

specified
in Article I hereof)

 

The
Depositor intends to sell pass-through certificates to be issued hereunder in multiple classes which in the aggregate, together
with the Uncertificated VRR Interest, will evidence the entire beneficial ownership interest in the Trust Fund consisting primarily
of the Mortgage Loans. As provided herein, the Certificate Administrator will elect that two segregated portions of the Trust
Fund (other than any VRR Specific Grantor Trust Assets and any Class S Specific Grantor Trust Assets) be treated for federal income
tax purposes as two separate REMICs (designated as the “Upper-Tier REMIC” and the “Lower-Tier REMIC”,
respectively).

 

In
addition, the parties intend that the portion of the Trust Fund consisting of any VRR Specific Grantor Trust Assets and any Class
S Specific Grantor Trust Assets will be treated as a grantor trust under subpart E of Part I of subchapter J of the Code. Solely
for federal income tax purposes, the Class VRR Certificates and the Uncertificated VRR Interest shall represent undivided beneficial
interests in any VRR Specific Grantor Trust Assets, and the Class S Certificates shall represent undivided beneficial interests
in any Class S Specific Grantor Trust Assets.

 

LOWER-TIER
REMIC

 

The
Lower-Tier REMIC will hold the Mortgage Loans (exclusive of any Excess Interest) and will issue (i) 18 classes of uncertificated
Lower-Tier Regular Interests (designated as the Class LA-1, Class LA-2, Class LA-3-1, Class LA-3-2, Class LA-4-1, Class LA-4-2,
Class LA-5, Class LA-SB, Class LA-S, Class LB, Class LC, Class LD, Class LE, Class LF, Class LG, Class LH, Class LJ and Class
LVRR Lower-Tier Regular Interests, respectively), each of which will constitute a class of “regular interests” in
the Lower-Tier REMIC, and (ii) the Lower-Tier Residual Interest, which will be the sole class of “residual interests”
in the Lower-Tier REMIC and will be evidenced by the Class R Certificates.

 

The
following table sets forth the per annum rate at which interest will accrue on, and the original Lower-Tier Principal Balance
of, each Lower-Tier Regular Interest:

 

	Designation of Lower-Tier Regular Interest	 	Interest Rate	 	Original Lower-Tier Principal Balance
	Class LA-1	 	(1)	 	$	6,816,000	 
	Class LA-2	 	(1)	 	$	32,288,000	 

    - 1 -

     

    

 

	Class LA-3-1	 	(1)	 	$	34,306,500	 
	Class LA-4-1	 	(1)	 	$	75,000,000	 
	Class LA-5	 	(1)	 	$	427,141,000	 
	Class LA-SB	 	(1)	 	$	10,975,000	 
	Class LA-S	 	(1)	 	$	74,583,000	 
	Class LB	 	(1)	 	$	49,278,000	 
	Class LC	 	(1)	 	$	53,274,000	 
	Class LA-3-2	 	(1)	 	$	34,306,500	 
	Class LA-4-2	 	(1)	 	$	125,000,000	 
	Class LD	 	(1)	 	$	33,296,000	 
	Class LE	 	(1)	 	$	26,637,000	 
	Class LF	 	(1)	 	$	15,982,000	 
	Class LG	 	(1)	 	$	13,319,000	 
	Class LH	 	(1)	 	$	11,986,000	 
	Class LJ	 	(1)	 	$	41,288,136	 
	Class LVRR	 	(1)	 	$	56,077,692	 

 

 

		(1)	Each
Lower-Tier Regular Interest will accrue interest at the WAC Rate in effect from time to time.

 

The
Lower-Tier Residual Interest will not have a Lower-Tier Principal Balance, will not bear interest and will not be entitled to
distributions of Yield Maintenance Charges. Any Aggregate Available Funds remaining in the Lower-Tier REMIC Distribution Account
after all distributions deemed made on the Lower-Tier Regular Interests on any Distribution Date will be payable to the Holders
of the Class R Certificates in respect of the Lower-Tier Residual Interest.

 

UPPER-TIER
REMIC

 

The
Upper-Tier REMIC will hold the Lower-Tier Regular Interests and will issue (i) the Class A-1, Class A-2, Class A-3-1, Class A-3-2,
Class A-4-1, Class A-4-2, Class A-5, Class A-SB, Class A-S, Class B, Class C, Class D, Class E, Class F, Class G, Class H and
Class J Certificates, each class of which evidences a class of “regular interests” in the Upper-Tier REMIC, (ii) the
Class VRR Upper-Tier Regular Interest, which will be a class of “regular interests” in the Upper-Tier REMIC, (iii)
the Class X-A, Class X-D, Class X-F, Class X-G, Class X-H and Class X-J Certificates, each class of which evidences one or more
classes of “regular interests” in the Upper-Tier REMIC, and (iv) the Upper-Tier Residual Interest, which will be the
sole class of “residual interests” in the Upper-Tier REMIC and will also be evidenced by the Class R Certificates.

 

The
following table sets forth the approximate initial pass-through rate and the original Certificate Balance or, in the case of the
Class X-A, Class X-D, Class X-F, Class X-G, Class X-H and Class X-J Certificates, original Notional Amount, as applicable, for
each Class of Non-Vertically Retained Regular Certificates and for the Class VRR Upper-Tier Regular Interest:

 

    - 2 -

     

    

	Class Designation	 	Approximate

    Initial

    Pass-Through

    Rate (per

    annum)	 	Original Certificate

Balance / Original

Notional Amount
	Class A-1	 	3.99700%	 	$	6,816,000	 
	Class A-2	 	4.59391%	 	$	32,288,000	 
	Class A-3-1	 	4.43391%	 	$	34,306,500	 
	Class A-4-1	 	4.34891%	 	$	75,000,000	 
	Class A-5	 	4.59391%	 	$	427,141,000	 
	Class A-SB	 	4.59391%	 	$	10,975,000	 
	Class X-A(1)	 	0.08587%	 	$	745,833,000	 
	Class A-S	 	4.59391%	 	$	74,583,000	 
	Class B	 	4.59391%	 	$	49,278,000	 
	Class C	 	4.59391%	 	$	53,274,000	 
	Class A-3-2	 	4.43391%	 	$	34,306,500	 
	Class A-4-2	 	4.34891%	 	$	125,000,000	 
	Class X-D(1)	 	2.09391%	 	$	59,933,000	 
	Class X-F(1)	 	1.00000%	 	$	15,982,000	 
	Class X-G(1)	 	1.00000%	 	$	13,319,000	 
	Class X-H(1)	 	1.00000%	 	$	11,986,000	 
	Class X-J(1)	 	1.00000%	 	$	41,288,136	 
	Class D	 	2.50000%	 	$	33,296,000	 
	Class E	 	2.50000%	 	$	26,637,000	 
	Class F	 	3.59391%	 	$	15,982,000	 
	Class G	 	3.59391%	 	$	13,319,000	 
	Class H	 	3.59391%	 	$	11,986,000	 
	Class J	 	3.59391%	 	$	41,288,136	 
	Class VRR Upper-Tier	 	 	 	 	 	 
	Regular Interest	 	(2)	 	$	56,077,692(3)	 

 

 

(1)
           The Class X-A, Class X-D, Class X-F, Class X-G, Class X-H and
Class X-J Certificates will not have Certificate Balances; rather, each such Class of Certificates will accrue interest
as provided herein on the related Notional Amount. 

(2)           
Other than for tax reporting purposes, the Class VRR Upper-Tier Regular Interest will not have a Pass-Through Rate, but will be
entitled to interest on any Distribution Date equal to the VRR Interest Distribution Amount for such Distribution Date as set
forth in Section 4.01(c). For tax reporting purposes, the Class VRR Upper-Tier Regular Interest will accrue interest at
the WAC Rate in effect from time to time. 

 (3)            $56,077,692 is also the initial Combined VRR Interest Balance.

 

The
Upper-Tier Residual Interest will not have a Certificate Balance or Notional Amount, will not bear interest and will not be entitled
to distributions of Yield Maintenance Charges. Any Available Funds remaining in the Upper-Tier REMIC Distribution Account, after
all required distributions under this Agreement have been made with respect to the Non-Vertically Retained Regular Certificates
and the Class VRR Upper-Tier Regular Interest, will be distributed to the Holders of the Class R Certificates in respect of the
Upper-Tier Residual Interest.

 

The
following table sets forth, with respect to each Class of Non-Vertically Retained Principal Balance Certificates and with respect
to the Class VRR Upper-Tier Regular Interest, the

 

    - 3 -

     

    

corresponding
Lower-Tier Regular Interest (the “Corresponding Lower-Tier Regular Interest”), and any corresponding component
of the Class X Certificates (the “Corresponding Component”). Each Class of Non-Vertically Retained Principal
Balance Certificates constitutes the “Corresponding Certificates” with respect to each of the Corresponding
Lower-Tier Regular Interest and the Corresponding Component (if any) for that Class. The Class VRR Upper-Tier Regular Interest
is deemed to be the “Corresponding Certificates” with respect to the Class LVRR Lower-Tier Regular Interest.

 

	Class Designation	 	Corresponding 

Lower-Tier Regular

 Interest(1)	 	Corresponding 

Component(1)
	Class A-1	 	Class LA-1	 	Class A-1
	Class A-2	 	Class LA-2	 	Class A-2
	Class A-3-1	 	Class LA-3-1	 	Class A-3-1
	Class A-4-1	 	Class LA-4-1	 	Class A-4-1
	Class A-5	 	Class LA-5	 	Class A-5
	Class A-SB	 	Class LA-SB	 	Class A-SB
	Class A-S	 	Class LA-S	 	N/A
	Class B	 	Class LB	 	N/A
	Class C	 	Class LC	 	N/A
	Class A-3-2	 	Class LA-3-2	 	Class A-3-2
	Class A-4-2	 	Class LA-4-2	 	Class A-4-2
	Class D	 	Class LD	 	Class D
	Class E	 	Class LE	 	Class E
	Class F	 	Class LF	 	Class F
	Class G	 	Class LG	 	Class G
	Class H	 	Class LH	 	Class H
	Class J	 	Class LJ	 	Class J
	Class VRR Upper-Tier	 	 	 	 
	Regular Interest	 	Class LVRR	 	N/A

 

 

(1)            The Corresponding Lower-Tier Regular Interest and the Corresponding Component, if any, with respect to any Class of
Non-Vertically Retained Principal Balance Certificates are also the Corresponding Lower-Tier Regular Interest
and Corresponding Component with respect to each other.

 

GRANTOR
TRUST

 

The
portions of the Trust Fund consisting of the VRR Specific Grantor Trust Assets and the Class S Specific Grantor Trust Assets shall
be treated as a grantor trust under subpart E, part I of subchapter J of the Code (the “Grantor Trust”) for
federal income tax purposes. The Class VRR Certificates (with an initial Certificate Balance of $39,025,148) and the Uncertificated
VRR-GS Interest (with an initial Uncertificated VRR-GS Interest Balance of $17,052,544) shall represent undivided beneficial interests
in the portion of the Grantor Trust consisting of the VRR Specific Grantor Trust Assets, and the Class S Certificates shall represent
undivided beneficial interests in the portion of the Grantor Trust consisting of the Class S Specific Grantor Trust Assets. As
provided herein, the Certificate Administrator shall not take any actions that

 

    - 4 -

     

    

would
cause the Grantor Trust to either (i) lose its status as a “grantor trust” or (ii) be treated as part of any Trust
REMIC.

 

LOAN
COMBINATIONS

 

The
following table (the “Loan Combination Table”) identifies, by loan number for the related Mortgage Loan and
name of the related Mortgaged Property or portfolio of Mortgaged Properties (in each case as set forth on the Mortgage Loan Schedule),
each of the Loan Combinations related to the Trust as of the Closing Date, and further, with respect to each such Loan Combination,
sets forth or otherwise identifies as of the Closing Date: (1) whether the subject Loan Combination is a Serviced Loan Combination,
an Outside Serviced Loan Combination or a Servicing Shift Loan Combination; (2) in the case of an Outside Serviced Loan Combination,
the applicable Outside Servicing Agreement; (3) the date of the related Co-Lender Agreement; and (4) the Note(s) that evidences
or collectively evidence, as applicable, (a) the related Mortgage Loan, (b) any related Pari Passu Companion Loan(s) and (c) any
related Subordinate Companion Loan(s).

 

	Loan
                                         No. for related Mortgage Loan 
	Name
    of related Mortgaged Property or Portfolio of Mortgaged Properties	Servicing
                                         Type

        
	Outside
                                         Servicing Agreement

        
	Date
                                         of Co-Lender Agreement 
	Mortgage
                                         Loan

        
	Pari
                                         Passu Companion Loan(s)

        
	Subordinate
                                         Companion Loan(s)

        

	1	One
    Wilshire	Outside
    Serviced	Benchmark
    2022-B32 PSA	February
                                         16, 2022
	Note
    A-4	Note
                                         A-1

        Note
        A-2

        Note
        A-3

        

        Note
        A-5

        
	N/A
	2	The
    Reef	Serviced	N/A	April
                                         13, 2022 
	Note
                                         A-1

        Note
        A-2

        

        Note
        A-5

        
	Note
                                         A-3

                                                         Note
                                         A-4
	N/A
	3	ILPT
    Logistics Portfolio	Outside
    Serviced	ILPT
    2022-LPFX TSA	March
                                         6, 2022

         
	Note
                                         A-2-A-1

        

        Note
        A-2-A-2

         
	Note
                                         A-1-A

        Note
        A-1-B

        Note
        A-1-C

        Note
        A-1-D

        Note
        A-1-E

        Note
        A-2-B-1

        

        Note
        A-2-B-2

        

        Note
        A-2-B-3

        

        Note
        A-2-C

        Note
        A-2-D

        Note
        A-2-E

        
	Note
                                         B-1

                                                                                Note
                                         B-2

                                                                                Note
                                         B-3

                                                                                Note
                                         B-4

                                                                                Note
                                         B-5

	5	Shearer’s
    Industrial Portfolio	Serviced	N/A	April
    6, 2022	Note
                                         A-1-1

        

        Note
        A-1-3

        
	Note
                                         A-1-2

                                                                                Note
                                         A-2
	N/A
	8	Bedrock
    Portfolio	Outside
    Serviced	Benchmark
    2022-B32 PSA	January
                                         1,

         

        2022

         
	Note
                                         A-1-3-B

        

        Note
        A-1-6

         
	Note
                                         A-1-1

        Note
        A-1-2

        Note
        A-1-3-A

        

        Note
        A-1-4

        Note
        A-1-5

        Note
        A-2-1

        Note
        A-2-2

        

        Note
        A-2-3

        
	N/A

    - 5 -

     

    

	Loan
                                         No. for related Mortgage Loan 
	Name
    of related Mortgaged Property or Portfolio of Mortgaged Properties	Servicing
                                         Type
	Outside
                                         Servicing Agreement
	Date
                                         of Co-Lender Agreement
	Mortgage
                                         Loan 
	Pari
                                         Passu Companion Loan(s)

        
	Subordinate
                                         Companion Loan(s) 

			 	 			Note
    A-2-4	 
	9	Bell
    Works	Serviced	N/A	April
    8, 2022	Note
    A-1	Note
                                         A-2

                                                                              Note
                                         A-3

                                                                              Note
                                         A-4

                                                                              Note
                                         A-5

                                                                              Note
                                         A-6

                                                                              Note
                                         A-7

                                                                              Note
                                         A-8

                                                                              Note
                                         A-9

                                                                              Note
                                         A-10

        

        Note
        A-11

        
	N/A
	10	2550
    M Street	Serviced	N/A	April
                                         19,

        

        2022

        
	Note
    A-1	Note
    A-2	N/A
	11	Nut
    Tree Plaza	Serviced	N/A	April
                                         12,

        

        2022

        
	Note
    A-1	Note
    A-2	N/A
	12	ExchangeRight
                                         Net

         

        Leased
        Portfolio #55

         
	Serviced	N/A	April
    8, 2022	Note
    A-1-A	Note
                                         A-1-B

                                                                                Note
                                         A-2
	N/A
	13	200
    West Jackson	Outside
    Serviced	Benchmark
                                         2022-B33

        

        PSA

         
	February
                                         28,

         

        2022

         
	Note
    A-2	Note
    A-1	N/A
	16	Grede
    Casting Industrial Portfolio	Outside
    Serviced	Benchmark
                                         2022-B32

        

        PSA

         
	February
                                         16,

         

        2022

         
	Note
    A-2	Note
    A-1	N/A
	19	601
    Lexington Avenue	Outside
    Serviced	BXP
    2021-601L TSA	December
                                         29,

         

        2021

         
	Note
                                         A-4-C1

         

        Note
        A-4-C4

         
	Note
                                         A-1-S1

                                                                              Note
                                         A-1-C1

                                                                              Note
                                         A-1-C2

                                                                              Note
                                         A-1-C3

                                                                              Note
                                         A-1-C4

                                                                              Note
                                         A-2-S1

                                                                              Note
                                         A-2-C2-1

        

        Note
        A-2-C2-2

        

        Note
        A-2-C3-1

        

        Note
        A-2-C3-2

        

        Note
        A-2-C4

        Note
        A-3-S1

        Note
        A-3-C1

        Note
        A-3-C2

        Note
        A-3-C3

        Note
        A-3-C4

        Note
        A-4-S1

        Note
        A-4-C2-1

        

        Note
        A-4-C2-2

        

        Note
        A-4-C3

        
	Note
                                         B-1

                                                                                Note
                                         B-2

                                                                                Note
                                         B-3

                                                                                Note
                                         B-4

	25	Novo
    Nordisk HQ	Outside
    Serviced	Benchmark
    2021-B31 PSA	February
                                         16, 

        2022

         
	Note
    A-3-2	Note
                                         A-1

                                                                                Note
                                         A-2

                                                                                Note
                                         A-3-1

                                                                                Note
                                         A-4-1

                                                                                Note
                                         A-4-2
	N/A

    - 6 -

     

    

	Loan
                                         No. for related Mortgage Loan
	Name
    of related Mortgaged Property or Portfolio of Mortgaged Properties	Servicing
                                         Type 
	Outside
                                         Servicing Agreement
	Date
                                         of Co-Lender Agreement
	Mortgage
                                         Loan 
	Pari
                                         Passu Companion Loan(s)
	Subordinate
                                         Companion Loan(s) 

	26	Gem
    Tower	Outside
    Serviced	Benchmark
                                         2022-B34

        

        PSA

        
	April
                                         11,

        

        2022

        
	Note
    A-2	Note
    A-1	N/A

 

CREDIT
RISK RETENTION

 

CREFI
will be the “retaining sponsor” (as such term is defined in Regulation RR) for this securitization transaction.

 

On
the Closing Date, pursuant to the CREFI Mortgage Loan Purchase Agreement, CREFI will receive, as partial consideration, for the
Mortgage Loans and/or portions thereof that CREFI is transferring to the Depositor, $39,025,148 of the Combined VRR Interest in
the form of Class VRR Certificates (such portion of the Combined VRR Interest, the “VRR1 Interest”).

 

On
the Closing Date, pursuant to the GSMC Mortgage Loan Purchase Agreement, GS Bank, an “originator” (within the meaning
of Regulation RR) of Mortgage Loans and/or portions thereof representing approximately 30.41% of the aggregate Cut-off Date Balance
of all the Mortgage Loans, will receive from the Depositor, at the direction of GSMC, $17,052,544 of the Combined VRR Interest
in the form of the Uncertificated VRR-GS Interest (such portion of the Combined VRR Interest, the “VRR2 Interest”),
in exchange for a reduction in the price that GS Bank is to receive for its sale (through GSMC) to the Depositor of the Mortgage
Loans and/or portions thereof that it is transferring (through GSMC) to the Depositor.

 

*
* * * *

 

As
of the Cut-Off Date, the Mortgage Loans have an aggregate Stated Principal Balance equal to approximately $1,121,553,829.

 

In
consideration of the mutual agreements herein contained, the Depositor, the Master Servicer, the Special Servicer, the Operating
Advisor, the Asset Representations Reviewer, the Certificate Administrator and the Trustee agree as follows:

 

ARTICLE
I

 

DEFINITIONS

 

Section
1.01     Defined Terms. Whenever used in this Agreement, the following words and phrases, unless the context otherwise
requires, shall have the meanings specified in this Article.

 

“10-K Filing Deadline”: As defined in Section 10.05
of this Agreement.

 

“30/360
Basis”: The accrual of interest on the basis of a 360-day year consisting of twelve 30-day months.

 

    - 7 -

     

    

“AB
Loan Combination”: A Loan Combination that includes a Subordinate Companion Loan. The only AB Loan Combinations related
to the Trust as of the Closing Date are those with related Notes listed in the Loan Combination Table under the column heading
“Subordinate Companion Loan(s).”

 

“AB
Modified Loan”: Any Corrected Loan (1) that became a Corrected Loan (which includes for purposes of this definition
any Outside Serviced Mortgage Loan that became a “corrected loan” (or any term substantially similar thereto) pursuant
to the related Outside Servicing Agreement) due to a modification thereto that resulted in the creation of an A/B note structure
(or similar structure) and as to which the new junior note(s) did not previously exist or the principal amount of the new junior
note(s) was previously part of either an A note held by the Trust or the original unmodified Mortgage Loan and (2) as to which
an Appraisal Reduction Amount is not in effect.

 

“Accelerated
Mezzanine Loan”: A mezzanine loan (secured by a pledge of the direct (or indirect) equity interests in a Mortgagor under
a Mortgage Loan or Loan Combination) if such mezzanine loan either (i) has been accelerated, or (ii) is the subject of foreclosure
proceedings against the equity collateral pledged to secure that mezzanine loan.

 

“Acceptable
Insurance Default”: With respect to any Serviced Mortgage Loan (or Serviced Loan Combination), any Default arising when
the related Loan Documents require that the related Mortgagor must maintain all risk casualty insurance or other insurance that
covers damages or losses arising from acts of terrorism and the Special Servicer has determined, in its reasonable judgment in
accordance with the Servicing Standard (and with the consent of the applicable Directing Holder and after non-binding consultation
with any applicable Consulting Parties pursuant to Section 6.09), that (i) such insurance is not available at commercially
reasonable rates and the subject hazards are not commonly insured against by prudent owners of similar real properties located
in or near the geographic region in which the Mortgaged Property is located (but only by reference to such insurance that has
been obtained by such owners at current market rates), or (ii) such insurance is not available at any rate; provided, however,
that the applicable Directing Holder shall be required to respond to the Special Servicer’s request for such consent (or
be deemed to have provided such consent) within the time period in Section 6.09(a) with respect to Acceptable Insurance
Defaults; provided, further, that upon the Special Servicer’s determination, consistent with the Servicing
Standard, that exigent circumstances do not allow the Special Servicer to consult with the applicable Consulting Parties, the
Special Servicer shall not be required to do so. In making this determination, the Special Servicer, to the extent consistent
with the Servicing Standard, may rely on the opinion of an insurance consultant.

 

“Accrued
Component Interest”: With respect to each Component for any Distribution Date, one month’s interest at the Class
X Strip Rate applicable to such Component for such Distribution Date, accrued on the Component Notional Amount of such Component
outstanding immediately prior to such Distribution Date. Accrued Component Interest shall be calculated on a 30/360 Basis and,
with respect to any Component and any Distribution Date, shall be deemed to accrue during the calendar month preceding the month
in which such Distribution Date occurs.

 

    - 8 -

     

    

“Act”
or “Securities Act”: The Securities Act of 1933, as it may be amended from time to time and the rules and regulations
thereunder.

 

“Actual/360
Basis”: The accrual of interest on the basis of the actual number of days elapsed during any relevant accrual period
in a year assumed to consist of 360 days.

 

“Actual/360
Mortgage Loan”: A Mortgage Loan that accrues interest on an Actual/360 Basis.

 

“Additional
Debt”: With respect to any Mortgage Loan, any debt owed by the related Mortgagor to a party other than the lender under
such Mortgage Loan that is secured by the related Mortgaged Property.

 

“Additional
Disclosure Notification”: The form of notification to be included with any Additional Form 10-D Disclosure, Additional
Form 10-K Disclosure or Form 8-K Disclosure Information which is attached to this Agreement as Exhibit W.

 

“Additional
Form 10-D Disclosure”: As defined in Section 10.04 of this Agreement.

 

“Additional
Form 10-K Disclosure”: As defined in Section 10.05 of this Agreement.

 

“Additional Information”:
As defined in Section 4.02(a) of this Agreement.

 

“Additional
Servicer”: Each Affiliate of the Master Servicer, the Special Servicer, the Certificate Administrator, the Trustee,
the Depositor, any Mortgage Loan Seller or any of the Underwriters that Services any of the Mortgage Loans, each Outside
Servicer, each Outside Special Servicer and each Person, other than the Special Servicer or the Certificate Administrator,
who is not an Affiliate of the Master Servicer, the Certificate Administrator, the Trustee, the Depositor, any Mortgage Loan
Seller or any of the Underwriters who Services 10% or more of the Mortgage Loans by unpaid principal balance calculated in
accordance with the provisions of Regulation AB.

 

“Additional
Servicing Compensation”: As defined in Section 3.12(a) of this Agreement.

 

“Additional
Special Servicing Compensation”: As defined in Section 3.12(c) of this Agreement.

 

“Additional
Trust Fund Expenses”: (i) Special Servicing Fees, Workout Fees and Liquidation Fees, (ii) interest in respect of unreimbursed
Advances, (iii) the cost of various default-related or unanticipated Opinions of Counsel required or permitted to be obtained
in connection with the servicing of the Mortgage Loans and the administration of the Trust Fund, (iv) unanticipated, non-Mortgage
Loan specific expenses of the Trust Fund, including indemnities and expense reimbursements to the Trustee, the Certificate Administrator,
the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer and the Depositor and federal,
state and local taxes, and tax-related expenses, specifically payable out of the Trust

 

    - 9 -

     

    

Fund,
(v) any fees or expenses that are expressly designated as an Additional Trust Fund Expense pursuant to any provision of this Agreement
and (vi) any other default-related or unanticipated expense of the Trust Fund that is not covered by a Property Advance and for
which there is no corresponding collection from a Mortgagor.

 

“Administrative
Cost Rate”: As of any date of determination, with respect to any Mortgage Loan, a rate equal to the sum of the Servicing
Fee Rate, the Operating Advisor Fee Rate, the Asset Representations Reviewer Ongoing Fee Rate, the CREFC® Intellectual
Property Royalty License Fee Rate and the Trustee/Certificate Administrator Fee Rate.

 

“Advance”:
Any P&I Advance or Property Advance.

 

“Advance
Interest Amount”: Interest at the Advance Rate on the aggregate amount of P&I Advances and Property Advances for
which the Master Servicer, the Special Servicer or the Trustee, as applicable, have not been reimbursed for the number of days
from the date on which such Advance was made through, but not including, the date of reimbursement of the related Advance, less
any amount of interest previously paid on such Advance; provided, however, that with respect to any P&I Advance
made prior to the expiration of the related grace period (or, if there is no grace period, on or prior to the related Due Date),
interest on such P&I Advance shall accrue only from and after the expiration of such grace period (or, if there is no grace
period, from and after the related Due Date) and only if the subject Mortgage Loan is then still delinquent; and provided,
further, that interest at the Advance Rate shall not accrue on any Advance made to cover a delinquent Applicable Monthly
Payment that has been received after the Determination Date and prior to 2:00 p.m. (Eastern Time) on the related Master Servicer
Remittance Date.

 

“Advance
Rate”: A per annum rate equal to the Prime Rate, compounded annually (and, solely with respect to the Master
Servicer, subject to a floor rate of 2.0%).

 

“Affected
Loan(s)”: As defined in Section 2.03(a) of this Agreement.

 

“Affiliate”:
With respect to any specified Person, any other Person controlling or controlled by or under common control with such specified
Person; provided that, solely for the purposes of the definition of “Borrower Party”, the term “Affiliate”
means, with respect to any specified Person, (i) any other Person controlling or controlled by or under common control with such
specified Person or (ii) any other Person that owns, directly or indirectly, 25% or more of the beneficial interests in such specified
Person. For the purposes of this definition, “control” when used with respect to any specified Person means the power
to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities,
by contract or otherwise, and the terms “controlling” and “controlled” have meanings correlative to the
foregoing. Upon reasonable request of the Trustee and/or the Certificate Administrator, the Trustee and/or the Certificate Administrator
may obtain and rely on an Officer’s Certificate of the Master Servicer, the Special Servicer or the Depositor to determine
whether any Person is an Affiliate of such party.

 

“Affirmative
Asset Review Vote”: As defined in Section 11.01(a).

 

“Aggregate
Available Funds”: With respect to any Distribution Date, an amount equal to the sum of the following (without duplication):

 

    - 10 -

     

    

(a)           the aggregate amount of all cash received on the Mortgage Loans and any REO Properties on deposit in the Collection Account (in
each case, exclusive of any amount on deposit in or credited to any portion of the Collection Account that is held for the benefit
of the Companion Loan Holders) and/or the Lower-Tier REMIC Distribution Account as of the close of business on the Business Day
immediately preceding the related Master Servicer Remittance Date, exclusive of any portion of the foregoing that represents (without
duplication):

 

(i)          Monthly Payments, together with any Balloon Payments that are accompanied by interest through the related Maturity Date, paid
by the related Mortgagors in respect of a Mortgage Loan, that are due on a Due Date (without regard to grace periods) that occurs
after the related Determination Date;

 

(ii)         payments (scheduled or otherwise) of principal (including Principal Prepayments) and interest, Net Liquidation Proceeds, Net Insurance
Proceeds, Net Condemnation Proceeds and other unscheduled recoveries that were received in respect of the Mortgage Pool subsequent
to the related Determination Date (other than any remittances on the Outside Serviced Mortgage Loans or the Trust’s applicable
interest in any related REO Property contemplated by clause (b) of this definition for the subject Distribution Date);

 

(iii)        amounts payable or reimbursable to any Person from the Collection Account pursuant to clauses (ii) through (ix), inclusive, of
Section 3.06(a) of this Agreement;

 

 (iv)        Yield Maintenance Charges on the Mortgage Loans;

 

 (v)  
      Excess Interest on the ARD Mortgage Loan(s);

 

(vi)        Penalty Charges retained in the Collection Account pursuant to Section 3.14 of this Agreement;

 

(vii)       all amounts deposited in the Collection Account or the Lower-Tier REMIC Distribution Account, as the case may be, in error; and

 

(viii)      with respect to the Mortgage Loans (including REO Mortgage Loans) for which Withheld Amounts are required to be deposited in the
Interest Reserve Account, and any Distribution Date in January (other than during a leap year) or February of any calendar year
(unless such Distribution Date is the final Distribution Date), an amount equal to one day of interest on the Stated Principal
Balance of such Mortgage Loan as of the close of business on the Distribution Date in the month preceding the month in which the
subject Distribution Date occurs at the related Mortgage Rate, less the Administrative Cost Rate, to the extent such amounts are
on deposit in the Collection Account;

 

(b)          
if and to the extent not already included in clause (a) of this definition for the subject Distribution Date, (i) the
aggregate amount allocable to the Mortgage Loans transferred from any REO Account or Loan Combination Custodial Account to
the

 

    - 11 -

     

    

Collection
Account for the subject Distribution Date pursuant to Section 3.16 or Section 3.06A, as applicable, of this Agreement,
and (ii) all remittances received on the Outside Serviced Mortgage Loans or the Trust’s interest in any related REO Property
in the month of the subject Distribution Date, in each case to the extent that such transfer is made or such remittances are received,
as the case may be, by the close of business on the Business Day immediately preceding the related Master Servicer Remittance
Date;

 

(c)           the aggregate amount of any Compensating Interest Payments made by the Master Servicer with respect to the Mortgage Loans with
respect to the subject Distribution Date and P&I Advances made by the Master Servicer or the Trustee, as applicable, with
respect to the Mortgage Loans for the subject Distribution Date (net of the related Trustee/Certificate Administrator Fee, Asset
Representations Reviewer Ongoing Fee and Operating Advisor Fee with respect to the Mortgage Loans (including REO Mortgage Loans)
for which such Compensating Interest Payments or P&I Advances are made, to the extent not already deducted from Aggregate
Available Funds pursuant to clause (a)(iii) of this definition);

 

(d)           the aggregate amount of Excess Liquidation Proceeds transferred to the Lower-Tier REMIC Distribution Account from the Excess Liquidation
Proceeds Reserve Account for distribution on the subject Distribution Date; and

 

(e)           with respect to each Actual/360 Mortgage Loan and any Distribution Date occurring in each March (or February, if the related Distribution
Date is the final Distribution Date), commencing in 2023, the Withheld Amounts remitted to the Lower-Tier REMIC Distribution Account
pursuant to Section 3.23 of this Agreement.

 

Notwithstanding
the investment of funds held in the Collection Account or the Lower-Tier REMIC Distribution Account pursuant to Section 3.07
of this Agreement, for purposes of calculating the Aggregate Available Funds, the amounts so invested shall be deemed to remain
on deposit in such account.

 

“Aggregate Principal Distribution Amount”: For any Distribution Date, an
amount equal to the sum of the following amounts:

 

(A)         the Scheduled Principal Distribution Amount for such Distribution Date; and

 

(B)         the Unscheduled Principal Distribution Amount for such Distribution Date;

 

provided
that the Aggregate Principal Distribution Amount for any Distribution Date shall be reduced, to not less than zero, by the
amount of any reimbursements of (i) Nonrecoverable Advances (including any servicing advance with respect to an Outside Serviced
Mortgage Loan under the related Outside Servicing Agreement), together with interest on such Nonrecoverable Advances at the Advance
Rate, that are paid or reimbursed from principal collections on the Mortgage Loans (including the REO Mortgage Loans) in a period
during which such principal collections would have otherwise been included in the Aggregate Principal Distribution Amount for
such Distribution Date and (ii) Workout-Delayed Reimbursement Amounts that were paid or reimbursed from principal collections
on the Mortgage Loans (including the REO Mortgage

 

    - 12 -

     

    

Loans)
in a period during which such principal collections would have otherwise been included in the Aggregate Principal Distribution
Amount for such Distribution Date (provided that, in the case of clause (i) and (ii) above, if any of the amounts that
were reimbursed from principal collections on the Mortgage Loans (including the REO Mortgage Loans) for a prior Distribution Date
are subsequently recovered on the related Mortgage Loan (including any successor REO Mortgage Loan with respect thereto), such
recovery will increase the Aggregate Principal Distribution Amount for the Distribution Date related to the Collection Period
in which such recovery occurs).

 

The
principal component of the amounts set forth above shall be determined in accordance with Section 1.02 hereof.

 

“Agreement”:
This Pooling and Servicing Agreement and all amendments hereof and supplements hereto.

 

“A.M.
Best”: A.M. Best Company, Inc. or its successors in interest. If neither A.M. Best nor any successor
remains in existence, “A.M. Best” shall be deemed to refer to such other nationally recognized statistical rating
agency or other comparable Person reasonably designated by the Depositor, notice of which designation shall be given to the
Trustee, the Certificate Administrator, the Master Servicer and the Special Servicer and specific ratings of A.M. Best herein
referenced shall be deemed to refer to the equivalent ratings (as reasonably determined by the Depositor) of the party so
designated.

 

“Ancillary
Fees”: With respect to any Serviced Loan, any and all demand fees, loan service transaction fees, beneficiary statement
charges, fees for insufficient or returned checks and other usual and customary charges and fees (other than Modification Fees,
Consent Fees, Penalty Charges, Assumption Fees, assumption application fees and defeasance fees) actually received from the related
Mortgagor.

 

“Anticipated
Repayment Date” or “ARD”: With respect to any ARD Mortgage Loan, the date upon which such ARD Mortgage
Loan commences accruing interest at its Revised Rate.

 

“Anticipated
Termination Date”: Any Distribution Date on which it is anticipated that the Trust Fund will be terminated pursuant
to Section 9.01(c) of this Agreement.

 

“Applicable
DBRS Morningstar Permitted Investment Rating”: (A) In the case of any investments with maturities of 30 days or less,
the short-term obligations (or, if applicable, deposit accounts) of which are rated at least “R-1 (middle)” by DBRS
Morningstar or the long-term obligations (or, if applicable, deposit accounts) of which are rated at least “A” by
DBRS Morningstar, (B) in the case of any investments with maturities of three months or less, but more than 30 days, the short-term
obligations (or, if applicable, deposit accounts) of which are rated at least “R-1 (middle)” by DBRS Morningstar or
the long-term obligations (or, if applicable, deposit accounts) of which are rated at least “AA(low)” by DBRS Morningstar,
(C) in the case of any investments with maturities of six months or less, but more than three months, the short-term obligations
(or, if applicable, deposit accounts) of which are rated in the highest short-term rating category by DBRS Morningstar or the
long-term obligations (or, if applicable, deposit accounts) of which are rated at least “AA” by DBRS Morningstar,
and (D) in the case of any investments

 

    - 13 -

     

    

with
maturities of 365 days or less, but more than six months, the short-term obligations (or, if applicable, deposit accounts) of
which are rated in the highest short-term rating category by DBRS Morningstar or the long-term obligations (or, if applicable,
deposit accounts) of which are rated “AAA” by DBRS Morningstar.

 

“Applicable
Fitch Permitted Investment Rating”: (A) in the case of any investments with maturities of thirty (30) days or less,
the short-term obligations of which are rated at least “F1” by Fitch or the long-term obligations of which are rated
at least “A” by Fitch, and (B) in the case of such investments with maturities of more than thirty (30) days, the
short-term obligations of which are rated at least “F1+” by Fitch or the long-term obligations of which are rated
at least “AA-” by Fitch.

 

“Applicable
Laws”: As defined in Section 3.01(l), Section 3.21(h) and Section 8.02(h), respectively, of this
Agreement.

 

“Applicable
Monthly Payment”: For any Mortgage Loan (including an Outside Serviced Mortgage Loan) with respect to any month (including
any such Mortgage Loan as to which the related Mortgaged Property has become an REO Property), the Monthly Payment; provided,
however, that for purposes of calculating the amount of any P&I Advance required to be made by the Master Servicer
or the Trustee, notwithstanding the amount of such Applicable Monthly Payment, interest shall be calculated at the Mortgage Rate
less the Servicing Fee Rate and, if applicable, shall be exclusive of Excess Interest; and provided, further, that
for purposes of determining the amount of any P&I Advance, the Monthly Payment shall be as reduced pursuant to any modification
of a Mortgage Loan pursuant to Section 3.24 of this Agreement or pursuant to the applicable Outside Servicing Agreement,
or pursuant to any bankruptcy, insolvency, or other similar proceeding involving the related Mortgagor.

 

“Applicable
Moody’s Permitted Investment Rating”: In the case of any investments, the short-term debt obligations of which
are rated at least “P-1” by Moody’s or the long-term debt obligations of which are rated at least “A2”
by Moody’s.

 

“Applicant”:
As defined in Section 5.07(a) of this Agreement.

 

“Appraisal”:
An appraisal prepared by an Appraiser, which shall be prepared in accordance with MAI standards.

 

“Appraisal
Reduction Amount”: For any Distribution Date and for any Serviced Mortgage Loan (or Serviced Loan Combination, if applicable)
as to which an Appraisal Reduction Event has occurred and an Appraisal Reduction Amount is required to be calculated, an amount
equal to the excess, if any, of (a) the Stated Principal Balance of such Serviced Mortgage Loan (or Serviced Loan Combination)
as of the last day of the related Collection Period over (b) the excess of (i) the sum of (A) 90% of the appraised value of the
related Mortgaged Property or Properties (as determined by (1) one or more Appraisals obtained by the Special Servicer (the cost
of which shall be advanced by the Master Servicer as a Property Advance (or, if such Property Advance would be a Nonrecoverable
Advance, paid by the Master Servicer out of the Collection Account as an expense of the Trust Fund)) or (2) an internal valuation
performed by the Special Servicer with respect to any Serviced Mortgage Loan (considering any Cross-Collateralized Group as a

 

    - 14 -

     

    

single
Mortgage Loan) or Serviced Loan Combination with an outstanding principal balance of less than $2,000,000 (provided that the
Special Servicer may, in its sole discretion in accordance with the Servicing Standard, obtain Appraisal(s) with respect to
such Serviced Mortgage Loan or Serviced Loan Combination as contemplated by the preceding clause (1)), minus, with respect to
any Appraisal, such downward adjustments as the Special Servicer may make in accordance with the Servicing Standard (without
implying any obligation to do so) based upon the Special Servicer’s review of the Appraisal and such other information
as the Special Servicer may deem appropriate and (B) all escrows, letters of credit and reserves in respect of such Serviced
Mortgage Loan (or Serviced Loan Combination) as of the date of the calculation over (ii) the sum, as of the Due Date
occurring in the month of the date of determination, of (A) to the extent not previously advanced by the Master Servicer or
the Trustee, all unpaid interest on such Serviced Mortgage Loan (or Serviced Loan Combination) at a per annum rate
equal to its Mortgage Rate (and with respect to a Serviced Loan Combination, interest on the related Serviced Companion
Loan(s) at the related Mortgage Rate), (B) all unreimbursed Advances (which shall include, without limitation, (1) any
Advances as to which the advancing party was reimbursed from a source other than the related Mortgagor and (2) any
Unliquidated Advances), with interest thereon at the Advance Rate in respect of such Serviced Mortgage Loan (or Serviced Loan
Combination) and (C)     all currently due and unpaid real estate taxes and assessments, insurance
premiums and ground rents, unpaid Special Servicing Fees and all other amounts, due and unpaid with respect to such Serviced
Mortgage Loan (or Serviced Loan Combination) (which taxes, premiums, ground rents and other amounts have not been the subject
of an Advance by the Master Servicer, the Special Servicer or the Trustee, as applicable, and/or for which funds have not
been escrowed). Promptly upon knowledge of the occurrence of an Appraisal Reduction Event (or a longer period so long as
the Special Servicer is (as certified thereby to the Trustee in writing) diligently and in good faith proceeding to obtain
such), if an Appraisal has not been obtained within the immediately preceding nine (9) months (or if the Special Servicer has
determined in accordance with the Servicing Standard such Appraisal to be materially inaccurate), the Special Servicer shall
use reasonable efforts to obtain an Appraisal, the costs of which shall be paid by the Master Servicer as a Property Advance
(or as an expense of the Trust Fund and paid by the Master Servicer out of the Collection Account if such Property Advance
would be a Nonrecoverable Advance), or conduct an internal valuation, as applicable, in accordance with Section
3.10(a) of this Agreement. The Master Servicer shall provide (via electronic delivery) the Special Servicer with
information in its possession that is reasonably required to calculate or recalculate any Appraisal Reduction Amount pursuant
to this definition using reasonable efforts to deliver such information within four (4) Business Days of the Special
Servicer’s reasonable written request. None of the Master Servicer, the Trustee or the Certificate Administrator shall
calculate or verify Appraisal Reduction Amounts. On the first Determination Date that is at least five (5) Business Days
following the receipt of such Appraisal or the conducting of an internal valuation, the Special Servicer in consultation with
the Controlling Class Representative (for so long as the Controlling Class Representative is the applicable Directing Holder
or Consulting Party) shall calculate or adjust, as applicable, the Appraisal Reduction Amount to take into account such
Appraisal or internal valuation, as applicable, and such information, if any, reasonably requested by the Special Servicer
from the Master Servicer reasonably required to calculate or recalculate the Appraisal Reduction Amount. Notwithstanding the
foregoing, if an Appraisal is required to be obtained in accordance with Section 3.10(a) of this Agreement but is not
obtained and, if permitted, an internal valuation has not been conducted, within 120 days following the events described in
the applicable clause of the

 

    - 15 -

     

    

definition
“Appraisal Reduction Event” (without regard to the time periods stated therein), then, until such Appraisal is obtained
or, if permitted, such internal valuation is conducted and solely for purposes of determining the amounts of P&I Advances,
the Appraisal Reduction Amount for or allocable to the related Serviced Mortgage Loan will equal 25% of the then current Stated
Principal Balance of such related Serviced Mortgage Loan; provided that, upon receipt of an Appraisal, or, if permitted,
completion of an internal valuation, however, the Appraisal Reduction Amount for such Serviced Mortgage Loan (or Serviced Loan
Combination) will be recalculated in accordance with this definition without regard to this sentence. With respect to each Serviced
Loan as to which an Appraisal Reduction Event has occurred (unless the Serviced Loan has become a Corrected Loan (if a Servicing
Transfer Event had occurred with respect to the related Serviced Loan) and has remained current for three consecutive Monthly
Payments, and with respect to which no other Appraisal Reduction Event has occurred during the preceding three months), the Special
Servicer shall, within 30 days of each anniversary of such Appraisal Reduction Event, order an Appraisal (which may be an update
of the prior Appraisal) (the cost of which will be covered by, and reimbursable as, a Property Advance by the Master Servicer
or as an expense of the Trust Fund and paid by the Master Servicer out of the Collection Account if such Property Advance would
be a Nonrecoverable Advance) or, if applicable, conduct an internal valuation, provided, however, no new or updated
Appraisal or internal valuation will be required if the Serviced Loan or REO Property is under contract to be sold within 90 days
of such Appraisal Reduction Event or anniversary thereof and the Special Servicer reasonably believes such sale is likely to close.
Based upon such Appraisal or letter updates thereto, or, if applicable, an internal valuation, the Special Servicer shall determine
and report to the Master Servicer and the Certificate Administrator the Appraisal Reduction Amount, if any, with respect to such
Serviced Mortgage Loan (or Serviced Loan Combination), and each of those parties shall be entitled to rely conclusively on such
determination by the Special Servicer. The Special Servicer shall deliver a copy of any such Appraisal or internal valuation to
the Master Servicer and the Certificate Administrator, which shall be in electronic format. Each Appraisal Reduction Amount shall
also be adjusted with respect to the next Distribution Date to take into account any subsequent Appraisal and annual letter updates
or, if applicable, any subsequent internal valuation, as of the date of each such subsequent Appraisal or letter update or, if
applicable, internal valuation.

 

Upon
payment in full or liquidation of any Serviced Loan for which an Appraisal Reduction Amount has been determined, such Appraisal
Reduction Amount will be eliminated. In addition, with respect to any Serviced Loan, as to which an Appraisal Reduction Event
has occurred, such Serviced Loan shall no longer be subject to the Appraisal Reduction Amount if (a) such Serviced Loan has become
a Corrected Loan (if a Servicing Transfer Event had occurred with respect to the related Serviced Loan) and such Serviced Loan
becomes and remains current for three consecutive Monthly Payments and (b) no other Appraisal Reduction Event has occurred and
is continuing with respect to such Serviced Loan.

 

Appraisal
Reduction Amounts with respect to each Serviced Loan Combination shall be allocated, first, to any related Serviced Subordinate
Companion Loan(s) (up to the outstanding principal balance(s) thereof), and then, to the related Serviced Mortgage Loan
and any related Serviced Pari Passu Companion Loan(s) on a pro rata and pari passu basis in accordance with the respective outstanding
principal balances of such Serviced Mortgage Loan and the related Serviced Pari Passu Companion Loan(s). Notwithstanding the foregoing,
if so provided in the related Co-Lender Agreement, the holder of a Serviced Subordinate Companion Loan may be

 

    - 16 -

     

    

permitted
to post cash or a letter of credit to offset all or some portion of an Appraisal Reduction Amount.

 

Notwithstanding
the foregoing, with respect to each Outside Serviced Mortgage Loan, the Appraisal Reduction Amount shall be the portion of any
“appraisal reduction amount” relating to such Outside Serviced Loan Combination, that is calculated pursuant to the
applicable Outside Servicing Agreement by the related Outside Special Servicer or related Outside Servicer, as applicable, and
that is allocable to such Outside Serviced Mortgage Loan pursuant to such Outside Servicing Agreement and the related Co-Lender
Agreement. The parties hereto shall be entitled to rely on such calculations as reported to them by the related Outside Servicer.
The Uncertificated VRR Interest Owners and, by their acceptance of their Certificates, the Certificateholders shall be deemed
to have acknowledged that the applicable Outside Servicing Agreement and the related Co-Lender Agreement, taken together, provide
that any such “appraisal reduction amount” will be calculated under the applicable Outside Servicing Agreement by
the applicable party thereto.

 

“Appraisal
Reduction Event”: With respect to any Serviced Loan, the earliest of (i)     the date on
which such Serviced Loan becomes a Modified Asset, (ii) the date on which such Serviced Loan is 60 days or more delinquent in
respect of any Monthly Payment, which does not include a Balloon Payment, (iii) solely in the case of a delinquent Balloon
Payment, (A) the date occurring 30 days after the date on which such Balloon Payment was due (except as described in the
immediately following clause (B)) or (B) if the related Mortgagor has delivered to the Master Servicer (who shall promptly
deliver a copy thereof to the Special Servicer) or the Special Servicer (who shall promptly deliver a copy thereof to the
Master Servicer) a signed purchase agreement or a refinancing commitment acceptable to the Special Servicer prior to the date
30 days after the Balloon Payment was due, the date occurring 120 days after the date on which the Balloon Payment was due
(or such shorter period beyond the date on which that Balloon Payment was due during which the refinancing is scheduled to
occur), (iv) the date on which the related Mortgaged Property has become an REO Property, (v) a receiver or similar official
is appointed and continues for 60 days in such capacity in respect of the related Mortgaged Property, (vi) 60 days after the
related Mortgagor is subject to a bankruptcy, insolvency or similar proceedings, which, in the case of an involuntary
bankruptcy, insolvency or similar proceeding, is not dismissed within those 60 days, or (vii) the date on which such Serviced
Loan remains outstanding five (5) years following any extension of its maturity date pursuant to Section 3.24 of this
Agreement. Notwithstanding the foregoing, for purposes of the clauses (i) and (ii) in the immediately preceding
sentence of this definition, neither (i) a Payment Accommodation with respect to any Serviced Loan nor (ii) any default or
delinquency that would have existed but for such Payment Accommodation shall constitute an Appraisal Reduction Event, for so
long as the related Mortgagor is complying with the terms of such Payment Accommodation. For the avoidance of doubt, in the
event a Mortgagor fails to comply with the terms of a Payment Accommodation (as determined by the Special Servicer in
accordance with the Servicing Standard), a determination as to whether any applicable event specified in the preceding
sentence constitutes an Appraisal Reduction Event shall be made as though the Payment Accommodation never
occurred; provided, however, if, pursuant to this sentence, an Appraisal Reduction Event is determined to occur prior
to the date of such Mortgagor’s failure to comply with the terms of the related Payment Accommodation, then such
Appraisal Reduction Event will be deemed to occur on the date of such Mortgagor’s failure to comply. If an Appraisal
Reduction Event occurs with respect to any Serviced Mortgage Loan that

 

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is
part of a Serviced Loan Combination, then an Appraisal Reduction Event shall be deemed to have occurred with respect to the related
Serviced Companion Loan(s). If an Appraisal Reduction Event occurs with respect to any Serviced Companion Loan that is part of
a Serviced Loan Combination, then an Appraisal Reduction Event shall be deemed to have occurred with respect to the related Serviced
Mortgage Loan and any other Serviced Companion Loan(s) included as part of that Serviced Loan Combination. No Appraisal Reduction
Event may occur at any time when the aggregate Certificate Balance of all Classes of Non-Vertically Retained Principal Balance
Certificates (other than the Class A-1, Class A-2, Class A-3-1, Class A-3-2, Class A-4-1, Class A-4-2, Class A-5 and Class A-SB
Certificates) has been reduced to zero. The Special Servicer shall notify the Master Servicer and the Master Servicer shall notify
the Special Servicer, as applicable, promptly upon the occurrence of any of the foregoing events.

 

“Appraised-Out
Class”: Any Class of Control Eligible Certificates, the Certificate Balance of which (taking into account the allocation
of any Appraisal Reduction Amounts or Collateral Deficiency Amounts to notionally reduce the Certificate Balance of such Class)
has been reduced to less than 25% of its initial Certificate Balance.

 

“Appraised
Value”: As of any date of determination, (i) with respect to any Mortgaged Property (other than a Mortgaged Property
securing an Outside Serviced Mortgage Loan), the appraised value thereof based upon an appraisal or update thereof prepared by
an Appraiser that is contained in the related Servicing File obtained within the time parameters required by this Agreement, and
(ii) with respect to each Mortgaged Property securing an Outside Serviced Mortgage Loan, the appraised value allocable thereto,
as determined pursuant to the Outside Servicing Agreement.

 

“Appraiser”:
An Independent nationally recognized professional commercial real estate appraiser who (i) is a member in good standing of the
Appraisal Institute, (ii) if the state in which the related Mortgaged Property is located certifies or licenses appraisers, is
certified or licensed in such state, and (iii) has a minimum of five years’ experience in the related property type and
market.

 

“Arbitration
Rules”: As defined in Section 2.03(i)(i).

 

“Arbitration Services Provider”: As defined in Section
2.03(i)(i).

 

“ARD
Mortgage Loan”: Any Mortgage Loan that is identified as having an Anticipated Repayment Date and a Revised Rate on the
Mortgage Loan Schedule.

 

“Asset
Representations Reviewer”: Park Bridge Lender Services LLC, a New York limited liability company, or its successor-in-interest,
or any successor Asset Representations Reviewer as herein provided.

 

“Asset
Representations Reviewer Asset Review Fee”: As defined in Section 11.02(b).

 

“Asset
Representations Reviewer Ongoing Fee”: As defined in Section 11.02(a).

 

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“Asset
Representations Reviewer Ongoing Fee Rate”: As defined in Section 11.02(a).

 

“Asset
Representations Reviewer Termination Event”: As defined in Section 11.05(a).

 

“Asset Review”: A
review of the compliance of each Delinquent Loan with the representations and warranties of the applicable Mortgage Loan Seller,
in accordance with the Asset Review Standard and the procedures set forth on Exhibit JJ hereto.

  

“Asset
Review Notice”: As defined in Section 11.01(a).

 

“Asset
Review Quorum”: In connection with any solicitation of votes to authorize an Asset Review as described in Section
11.01(a), the Holders of Certificates evidencing at least 5% of the Voting Rights represented by all of the Certificates.

 

“Asset
Review Report”: As defined in Section 11.01(b)(vii)(C).

 

“Asset
Review Report Summary”: As defined in Section 11.01(b)(vii)(C).

 

“Asset
Review Standard”: The performance by the Asset Representations Reviewer of its duties under this Agreement in good faith
subject to the express terms of this Agreement. Except as otherwise expressly set forth in this Agreement, all determinations
or assumptions made by the Asset Representations Reviewer in connection with an Asset Review shall be made in the Asset Representations
Reviewer’s good faith discretion and judgment based on the facts and circumstances known to it at the time of such determination
or assumption.

 

“Asset
Review Trigger”: Any time when, as of the end of the applicable Collection Period, either (1) Mortgage Loans with an
aggregate outstanding principal balance of 30.0% or more of the aggregate outstanding principal balance of all of the Mortgage
Loans (including any REO Mortgage Loans) held by the Trust are Delinquent Loans, or (2) at least 15 Mortgage Loans are Delinquent
Loans and the aggregate outstanding principal balance of such Delinquent Loans constitutes at least 20.0% of the aggregate outstanding
principal balance of all of the Mortgage Loans (including any REO Mortgage Loans) held by the Trust.

 

“Asset
Review Vote Election”: As defined in Section 11.01(a).

 

“Asset
Status Report”: As defined in Section 3.21(b) of this Agreement. “Assignment of Leases”:
With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar agreement executed by
the Mortgagor, assigning to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing
or disposition of all or a portion of such Mortgaged Property, in the form which was duly executed, acknowledged and
delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter.

 

“Assumption
Fees”: With respect to any Serviced Mortgage Loan (or Serviced Loan Combination, if applicable), any and all assumption
fees of such Serviced Mortgage Loan

 

    - 19 -

     

    

(or
Serviced Loan Combination, if applicable) for transactions effected under Section 3.09(a), 3.09(b) and 3.09(c)
of this Agreement (excluding assumption application fees), actually paid by the related Mortgagor and other applicable fees
(not including assumption fees and/or assumption application fees) actually paid by the related Mortgagor in accordance with the
related Loan Documents, with respect to any assumption or substitution agreement entered into by the Master Servicer or the Special
Servicer on behalf of the Trust (or, in the case of a Serviced Loan Combination, on behalf of the Trust and the related Serviced
Companion Loan Holder(s)) pursuant to Section 3.09(a) of this Agreement or paid by the related Mortgagor with respect to
any transfer of an interest in such Mortgagor pursuant to Section 3.09(a) of this Agreement.

 

“Authenticating
Agent”: Any authenticating agent appointed by the Certificate Administrator pursuant to Section 5.09 of this
Agreement.

 

“Available
Funds”: For any Distribution Date, (i) with respect to distributions to be made on the Certificates and the
Uncertificated VRR Interest, the Aggregate Available Funds, (ii)     with respect to distributions
to be made on the Non-Vertically Retained Certificates, the Non-Vertically Retained Available Funds and (iii) with respect
to distributions to be made on the Combined VRR Interest and the Class R Certificates, the Combined VRR Available Funds.

 

“Balloon
Loan”: Any Mortgage Loan or Serviced Companion Loan that by its original terms or by virtue of any modification provides
for an amortization schedule extending beyond its Maturity Date, unless such extension results solely from the accrual of interest
on the basis of the actual number of days elapsed in a year of 360 days, notwithstanding calculation of Monthly Payments based
on a 360-day year consisting of twelve 30-day months.

 

“Balloon
Payment”: With respect to any Balloon Loan as of any date of determination, the amount outstanding on the Maturity Date
of such Balloon Loan in excess of the related Monthly Payment.

 

“Base
Interest Fraction”: With respect to any Principal Prepayment on any Mortgage Loan and with respect to any Class of the
Class A-1, Class A-2, Class A-3-1, Class A-3-2, Class A-4-1, Class A-4-2, Class A-5, Class A-SB, Class A-S, Class B, Class C,
Class D and Class E Certificates, a fraction (a) whose numerator is the amount, if any, by which (i) the Pass-Through Rate on
such Class of Certificates exceeds (ii) the discount rate used in accordance with the related Loan Documents in calculating the
Yield Maintenance Charge with respect to such Principal Prepayment (or, if the Yield Maintenance Charge is a fixed percentage
of the principal balance of the related Mortgage Loan, the yield rate applicable to any related yield maintenance charge or that
is otherwise described in the related Loan Documents) and (b) whose denominator is the amount, if any, by which (i) the Mortgage
Rate on such Mortgage Loan exceeds (ii) the discount rate used in accordance with the related Loan Documents in calculating the
Yield Maintenance Charge with respect to such Principal Prepayment (or, if the Yield Maintenance Charge is a fixed percentage
of the principal balance of the related Mortgage Loan, the yield rate applicable to any related yield maintenance charge or that
is otherwise described in the related Loan Documents); provided, however, that under no circumstances shall the
Base Interest Fraction be greater than one. If the discount rate referred to in the preceding sentence is greater than or equal
to both of (x) the Mortgage Rate on the related Mortgage Loan and (y) the Pass-Through Rate described in the preceding sentence,
then the Base Interest Fraction shall equal zero, and if

 

    - 20 -

     

    

such
discount rate is greater than or equal to the Mortgage Rate on such Mortgage Loan, but less than the Pass-Through Rate described
in the preceding sentence, then the Base Interest Fraction shall equal one.

 

“Borrower
Delayed Reimbursements”: Any Additional Trust Fund Expenses and reimbursements of Advances that the related Mortgagor
is required, pursuant to a written modification agreement, to pay in the future to the Trust in its capacity as owner of the related
Mortgage Loan.

 

“Borrower
Party”: Either (i) a Mortgagor under a Mortgage Loan or Loan Combination, a Mortgagor or a manager of a related Mortgaged
Property or any Affiliate of any of the foregoing or (ii) a holder or beneficial owner (or an Affiliate of any holder or beneficial
owner) of any Accelerated Mezzanine Loan.

 

“Benchmark
2021-B31 PSA”: The Pooling and Servicing Agreement, dated as of December 1, 2021, among Citigroup Commercial Mortgage
Securities Inc., as depositor, Midland Loan Services, a Division of PNC Bank, National Association, as master servicer, Rialto
Capital Advisors, LLC, as special servicer, Citibank, N.A., as certificate administrator, Wilmington Trust, National Association,
as trustee, and Pentalpha Surveillance LLC, as operating advisor and as asset representations reviewer, as the same may be amended
from time to time in accordance with the terms thereof, pursuant to which the Benchmark 2021-B31 Mortgage Trust, Commercial Mortgage
Pass Through Certificates, Series 2021-B31 were issued.

 

“Benchmark
2022-B32 PSA”: The Pooling and Servicing Agreement, dated as of February 1, 2022, between J.P. Morgan Chase Commercial
Mortgage Securities Corp., as depositor, Midland Loan Services, a Division of PNC Bank, National Association, as master servicer,
KeyBank National Association, as special servicer, Computershare Trust Company, National Association, as certificate administrator,
Wilmington Trust, National Association, as trustee, and Pentalpha Surveillance LLC, as operating advisor and as asset representations
reviewer, as the same may be amended from time to time in accordance with the terms thereof, pursuant to which the Benchmark 2022-B32
Mortgage Trust, Commercial Mortgage Pass Through Certificates, Series 2022-B32 were issued.

 

“Benchmark
2022-B33 PSA”: The Pooling and Servicing Agreement, dated as of March 1, 2022, among GS Mortgage Securities Corporation
II, as depositor, Midland Loan Services, a Division of PNC Bank, National Association, as master servicer and as special servicer,
Computershare Trust Company, National Association, as certificate administrator, Wilmington Trust, National Association, as trustee,
and Park Bridge Lender Services LLC, as operating advisor and as asset representations reviewer, as the same may be amended from
time to time in accordance with the terms thereof, pursuant to which the Benchmark 2022-B33 Mortgage Trust, Commercial Mortgage
Pass Through Certificates, Series 2022-B33 were issued.

 

“Benchmark
2022-B34 PSA”: The Pooling and Servicing Agreement, dated as of April 1, 2022, between Deutsche Mortgage & Asset
Receiving Corporation, as depositor, KeyBank National Association, as master servicer, LNR Partners, LLC, as special servicer,
Computershare Trust Company, National Association, as certificate administrator, paying agent and custodian, Wilmington Trust,
National Association, as trustee, and Park Bridge Lender

 

    - 21 -

     

    

Services
LLC, as operating advisor and asset representations reviewer, as the same may be amended from time to time in accordance with
the terms thereof, pursuant to which the Benchmark 2022-B34 Mortgage Trust, Commercial Mortgage Pass Through Certificates, Series
2022-B34 were issued.

 

“Breach”:
As defined in Section 2.03(a) of this Agreement.

 

“Business
Day”: Any day other than a Saturday, a Sunday or any day on which the New York Stock Exchange, the Federal Reserve Bank
of New York or banking institutions in the States of New York, Kansas, Ohio and Delaware, the cities in which the principal offices
of the Operating Advisor, the Master Servicer or the Special Servicer are located, or the city in which the Corporate Trust Office
of the Certificate Administrator or the Trustee is located, are authorized or obligated by law, executive order or governmental
decree to be closed.

 

“BXP
2021-601L TSA”: The Trust and Servicing Agreement, dated as of December 29, 2021, among Wells Fargo Commercial Mortgage
Securities, Inc., as depositor, Wells Fargo Bank, National Association, as servicer, Situs Holdings, LLC, as special servicer,
and Computershare Trust Company, National Association, as certificate administrator and trustee, as the same may be amended from
time to time in accordance with the terms thereof, pursuant to which the BXP Trust 2021-601L, Commercial Mortgage Pass Through
Certificates, Series 2021-601L were issued.

 

“Calculation
Rate”: A discount rate appropriate for the type of cash flows being discounted, namely (i) for principal and interest
payments on a Mortgage Loan or Serviced Loan Combination or proceeds from the sale of a Defaulted Mortgage Loan or Defaulted Serviced
Loan Combination, the highest of (1) the rate determined by the Master Servicer or the Special Servicer, as applicable, that approximates
the market rate that would be obtainable by the Mortgagors on similar debt of the Mortgagors as of such date of determination,
(2) the Mortgage Rate and (3) the yield on 10-year U.S. treasuries and (ii) for all other cash flows, including property cash
flow, the “discount rate” set forth in the most recent Appraisal (or update of such Appraisal).

 

“Certificate”:
Any Class A-1, Class A-2, Class A-3-1, Class A-3-2, Class A-4-1, Class A-4-2, Class A-5, Class A-SB, Class X-A, Class A-S, Class
B, Class C, Class X-D, Class X-F, Class X-G, Class X-H, Class X-J, Class D, Class E, Class F, Class G, Class H, Class J, Class
VRR, Class S and Class R Certificate, in any event issued, authenticated and delivered hereunder.

 

“Certificate
Administrator”: Computershare Trust Company, National Association, a national banking association, or its successor
in interest, or any successor Certificate Administrator appointed as herein provided.

 

“Certificate
Administrator Accounts”: As defined in Section 3.07(a) of this Agreement.

 

“Certificate
Administrator Personnel”: The divisions and individuals of the Certificate Administrator who are involved
in the performance of the duties of the Certificate Administrator under this Agreement.

 

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“Certificate
Administrator’s Website”: The internet website of the Certificate Administrator, initially located at www.ctslink.com.

 

“Certificate
Balance”: With respect to any Class of Principal Balance Certificates or the Class VRR Upper-Tier Regular Interest outstanding
at any time, (a) as of any date of determination on or prior to the first Distribution Date, an amount equal to the aggregate
initial Certificate Balance of such Class of Principal Balance Certificates or the Class VRR Upper-Tier Regular Interest, as specified
in the Preliminary Statement hereto, and (b) as of any date of determination after the first Distribution Date, an amount equal
to the Certificate Balance of such Class of Principal Balance Certificates or the Class VRR Upper-Tier Regular Interest on the
Distribution Date immediately prior to such date of determination, after any actual (or, in the case of the Class VRR Upper-Tier
Regular Interest, deemed) distributions of principal thereon and allocations of applicable Realized Losses thereto on such prior
Distribution Date, and after any increases to such Certificate Balance on such prior Distribution Date (as and to the extent provided
in Section 4.01(g) of this Agreement) in connection with recoveries of Nonrecoverable Advances previously reimbursed out
of collections of principal on the Mortgage Loans.

 

“Certificate
Factor”: With respect to any Class of Principal Balance Certificates or Class X Certificates, as of any date of determination,
a fraction, expressed as a decimal carried to eight places, the numerator of which is the then related Certificate Balance or
Notional Amount, as the case may be, and the denominator of which is the related initial Certificate Balance or related initial
Notional Amount, as the case may be.

 

“Certificate
Owner”: With respect to a Global Certificate, the Person who is the beneficial owner of such Certificate as reflected
on the books of the Depository or on the books of a Person maintaining an account with such Depository (directly as a Depository
Participant or indirectly through a Depository Participant, in accordance with the rules of such Depository). Each of the Trustee,
the Certificate Administrator, the Special Servicer and the Master Servicer shall have the right to require, as a condition to
acknowledging the status of any Person as a Certificate Owner under this Agreement, that such Person provide evidence (which may
be in the form of an Investor Certification) at its expense of its status as a Certificate Owner hereunder.

 

“Certificate
Register” and “Certificate Registrar”: The register maintained and the registrar appointed pursuant
to Section 5.03(a) of this Agreement.

 

“Certificateholder”:
With respect to any Certificate, the Person whose name is registered in the Certificate Register (including, solely for the purposes
of distributing reports, statements or other information pursuant to this Agreement, Certificate Owners or potential transferees
of Certificates to the extent the Person distributing such information has been provided with an appropriate Investor Certification
by or on behalf of such Certificate Owner or potential transferee); provided, however, that

 

(a)           solely for the purpose of giving any consent, approval, waiver or taking any action pursuant to this Agreement (including voting
on amendments to this Agreement) that specifically relates to the rights, duties, compensation or termination of, and/or any other
matter specifically involving, the Depositor, the Master Servicer, the Special Servicer, any Excluded Mortgage Loan Special Servicer,
the Trustee, the Certificate

 

    - 23 -

     

    

Administrator,
the Operating Advisor, the Asset Representations Reviewer, any Mortgage Loan Seller or any Person known to a Responsible Officer
of the Certificate Registrar to be an Affiliate of any such party, any Certificate registered in the name of or beneficially owned
by such party or any Affiliate thereof shall be deemed not to be outstanding and the Voting Rights to which it is entitled shall
not be taken into account in determining whether the requisite percentage of Voting Rights necessary to effect any such consent,
approval, waiver or take any such action has been obtained;

 

(b)           solely for the purpose of giving any consent, approval, waiver or taking any action pursuant to this Agreement, any Certificate
beneficially owned by a Borrower Party shall be deemed not to be outstanding and the Voting Rights to which it is entitled shall
not be taken into account in determining whether the requisite percentage of Voting Rights necessary to effect any such consent,
approval, waiver or take any such action has been obtained (provided, that notwithstanding the foregoing, for purposes
of exercising any rights it may have solely as a member of the Controlling Class, any Controlling Class Certificate owned by an
Excluded Controlling Class Holder shall be deemed not to be outstanding as to such Excluded Controlling Class Holder solely with
respect to giving consent and taking any action with respect to any related Excluded Controlling Class Mortgage Loan); and

 

(c)           if the Master Servicer, the Special Servicer or an Affiliate of the Master Servicer or the Special Servicer is a member of the
Controlling Class, it shall be permitted to act in such capacity and exercise all rights under this Agreement bestowed upon the
Controlling Class (other than, with respect to any Excluded Controlling Class Mortgage Loan with respect to which such party is
an Excluded Controlling Class Holder, as described in the proviso in parenthesis in clause (b) above).

 

For
the avoidance of doubt, nothing contained in this definition will preclude the Special Servicer from performing its duties and
exercising its rights in its capacity as Special Servicer under this Agreement other than with respect to an Excluded Special
Servicer Mortgage Loan.

 

“Certificateholder
Quorum”: A quorum that: (a) for purposes of Section 6.08(a) or Section 11.05(b) of this Agreement, consists
of the Holders (and/or, where Global Certificates are involved, Certificate Owners) of Regular Certificates evidencing at least
50% of the Voting Rights (taking into account the allocation of any Appraisal Reduction Amounts to notionally reduce the Certificate
Balances of the respective Classes of the Principal Balance Certificates) of all Regular Certificates, on an aggregate basis;
and (b) for purposes of Section 6.08(b) of this Agreement, consists of the Holders (and/or, where Global Certificates are
involved, Certificate Owners) of Certificates evidencing at least 20% of the Voting Rights (taking into account the application
of Appraisal Reduction Amounts to notionally reduce Certificate Balances) of all Principal Balance Certificates on an aggregate
basis.

 

“Certificateholder
Repurchase Request”: As defined in Section 2.03(f) of this Agreement.

 

“Certification
Parties”: As defined in Section 10.06 of this Agreement.

 

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“Certifying
Certificateholder”: As defined in Section 5.07(a) of this Agreement.

 

“Certifying Person”:
As defined in Section 10.06 of this Agreement.

 

“Certifying Servicer”: As defined in Section 10.08
of this Agreement.

 

“Class”:
With respect to the Certificates, all of the Certificates bearing the same alphabetical or alphanumeric class designation, and
with respect to the Lower-Tier Regular Interests, each interest set forth in the Preliminary Statement hereto.

 

“Class
A-1 Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating
Agent in substantially the form set forth in Exhibit A-1 hereto.

 

“Class
A-1 Component”: The Component having such designation.

 

“Class
A-1 Pass-Through Rate”: For any Distribution Date, a per annum rate equal to 3.99700%.

 

“Class
A-2 Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or
the Authenticating Agent in substantially the form set forth in Exhibit A-2 hereto.

 

“Class
A-2 Component”: The Component having such designation.

 

“Class
A-2 Pass-Through Rate”: For any Distribution Date, a per annum rate equal to the WAC Rate for such Distribution
Date.

 

“Class
A-3-1 Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating
Agent in substantially the form set forth in Exhibit A-3 hereto.

 

“Class
A-3-1 Component”: The Component having such designation.

 

“Class
A-3-1 Pass-Through Rate”: For any Distribution Date, a per annum rate equal to the WAC Rate for such Distribution
Date minus 0.16000%.

 

“Class
A-3-2 Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating
Agent in substantially the form set forth in Exhibit A-4 hereto.

 

“Class
A-3-2 Component”: The Component having such designation.

 

“Class
A-3-2 Pass-Through Rate”: For any Distribution Date, a per annum rate equal to the WAC Rate for such Distribution
Date minus 0.16000%.

 

“Class
A-4-1 Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating
Agent in substantially the form set forth in Exhibit A-5 hereto.

 

    - 25 -

     

    

“Class
A-4-1 Component”: The Component having such designation.

 

“Class
A-4-1 Pass-Through Rate”: For any Distribution Date, a per annum rate equal to the WAC Rate for such Distribution
Date minus 0.24500%.

 

“Class
A-4-2 Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating
Agent in substantially the form set forth in Exhibit A-6 hereto.

 

“Class
A-4-2 Component”: The Component having such designation.

 

“Class
A-4-2 Pass-Through Rate”: For any Distribution Date, a per annum rate equal to the WAC Rate for such Distribution
Date minus 0.24500%.

 

“Class
A-5 Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating
Agent in substantially the form set forth in Exhibit A-7 hereto.

 

“Class
A-5 Component”: The Component having such designation.

 

“Class
A-5 Pass-Through Rate”: For any Distribution Date, a per annum rate equal to the WAC Rate for such Distribution
Date.

 

“Class
A-SB Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating
Agent in substantially the form set forth in Exhibit A-8 hereto.

 

“Class
A-SB Component”: The Component having such designation.

 

“Class
A-SB Pass-Through Rate”: For any Distribution Date, a per annum rate equal to the WAC Rate for such Distribution
Date.

 

“Class
A-SB Scheduled Principal Balance”: For any Distribution Date, the scheduled principal balance for such Distribution
Date set forth on Exhibit BB to this Agreement.

 

“Class
A-S Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating
Agent in substantially the form set forth in Exhibit A-10 hereto.

 

“Class
A-S Pass-Through Rate”: For any Distribution Date, a per annum rate equal to the WAC Rate for such Distribution
Date.

 

“Class
B Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating
Agent in substantially the form set forth in Exhibit A-11 hereto.

 

“Class
B Pass-Through Rate”: For any Distribution Date, a per annum rate equal to the WAC Rate for such Distribution
Date.

 

    - 26 -

     

    

“Class
C Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating
Agent in substantially the form set forth in Exhibit A-12 hereto.

 

“Class
C Pass-Through Rate”: For any Distribution Date, a per annum rate equal to the WAC Rate for such Distribution
Date.

 

“Class
D Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating
Agent in substantially the form set forth in Exhibit A-18 hereto.

 

“Class
D Component”: The Component having such designation.

 

“Class
D Pass-Through Rate”: For any Distribution Date, a per annum rate equal to 2.50000%.

 

“Class
E Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or
the Authenticating Agent in substantially the form set forth in Exhibit A-19 hereto.

 

“Class
E Component”: The Component having such designation.

 

“Class
E Pass-Through Rate”: For any Distribution Date, a per annum rate equal to 2.50000%.

 

“Class
F Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or
the Authenticating Agent in substantially the form set forth in Exhibit A-20 hereto.

 

“Class
F Component”: The Component having such designation.

 

“Class
F Pass-Through Rate”: For any Distribution Date, a per annum rate equal to the WAC Rate for such Distribution
Date minus 1.00000%.

 

“Class
F Transfer”: As defined in Section 6.09(h) of this Agreement.

 

“Class
G Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating
Agent in substantially the form set forth in Exhibit A-21 hereto.

 

“Class
G Component”: The Component having such designation.

 

“Class
G Pass-Through Rate”: For any Distribution Date, a per annum rate equal to the WAC Rate for such Distribution
Date minus 1.00000%.

 

“Class
H Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating
Agent in substantially the form set forth in Exhibit A-22 hereto.

 

    - 27 -

     

    

“Class
H Component”: The Component having such designation.

 

“Class
H Pass-Through Rate”: For any Distribution Date, a per annum rate equal to the WAC Rate for such Distribution
Date minus 1.00000%.

 

“Class
J Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating
Agent in substantially the form set forth in Exhibit A-23 hereto.

 

“Class
J Component”: The Component having such designation.

 

“Class
J Pass-Through Rate”: For any Distribution Date, a per annum rate equal to the WAC Rate for such Distribution
Date minus 1.00000%.

 

“Class
R Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating
Agent in substantially the form set forth in Exhibit A-24 hereto. The Class R Certificates have no Pass-Through Rate, Certificate
Balance or Notional Amount.

 

“Class
S Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating
Agent in substantially the form set forth in Exhibit A-25 hereto and evidencing an undivided beneficial interest in the
Class S Specific Grantor Trust Assets. The Class S Certificates have no Pass-Through Rate, Certificate Balance or Notional Amount.

 

“Class
S Specific Grantor Trust Assets”: The portion of the Trust Fund consisting of the Non-Vertically Retained Percentage
of any Excess Interest collected on the ARD Mortgage Loans and the Non-Vertically Retained Percentage of amounts held from time
to time in the Excess Interest Distribution Account.

 

“Class
VRR Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating
Agent in substantially the form set forth in Exhibit A-26 hereto. The Class VRR Certificates evidence beneficial ownership
of a portion of the Class VRR Specific Grantor Trust Assets. For tax reporting purposes, the Class VRR Certificates will accrue
interest at the WAC Rate in effect from time to time.

 

“Class
VRR Upper-Tier Regular Interest”: A class of “regular interests”, within the meaning of Code Section 860G(a)(1),
in the Upper-Tier REMIC, with the designation “Class VRR”. The beneficial interest in the Class VRR Upper-Tier Regular
Interest is evidenced or constituted, as applicable, by the Combined VRR Interest and the Class VRR Upper-Tier Regular Interest
will have a Certificate Balance equal to the Combined VRR Interest Balance from time to time. For tax reporting purposes, the
Class VRR Upper-Tier Regular Interest and the Combined VRR Interest (insofar as it represents or constitutes, as applicable, undivided
beneficial interests in the Class VRR Upper-Tier Regular Interest) will accrue interest at the WAC Rate in effect from time to
time.

 

    - 28 -

     

    

“Class
X Certificates”: The Class X-A Certificates, the Class X-D Certificates, the Class X-F Certificates, the Class X-G Certificates,
the Class X-H Certificates and/or the Class X-J Certificates, as the context requires.

 

“Class
X Strip Rate”: With respect to each Component for any Distribution Date, a rate per annum equal to: (a) in the
case of each of the Class X-A Components and the Class X-D Components, the excess, if any, of (i) the WAC Rate for such Distribution
Date, over (ii) the Pass-Through Rate for the Corresponding Certificates; and (b) in the case of the Class X-F Component, the
Class X-G Component, the Class X-H Component and the Class X-J Component, 1.0000%.

 

“Class
X-A Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating
Agent in substantially the form set forth in Exhibit A-9 hereto.

 

“Class
X-A Components”: The Class A-1 Component, Class A-2 Component, Class A-3-1 Component, Class A-3-2 Component, Class A-4-1
Component, Class A-4-2 Component, Class A-5 Component and Class A-SB Component, each of which constitutes a separate class of
“regular interests”, within the meaning of Code Section 860G(a)(1), in the Upper-Tier REMIC with a pass-through rate
equal to its Class X Strip Rate from time to time and a notional amount equal to its Component Notional Amount from time to time.

 

“Class
X-A Notional Amount”: With respect to the Class X-A Certificates as of any date of determination, the sum of the Component
Notional Amounts of the Class X-A Components.

 

“Class
X-A Pass-Through Rate”: For any Distribution Date, the weighted average of the Class X Strip Rates for the Class X-A
Components for such Distribution Date (weighted on the basis of the respective Component Notional Amounts of such Components outstanding
immediately prior to such Distribution Date).

 

“Class
X-D Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating
Agent in substantially the form set forth in Exhibit A-13 hereto.

 

“Class
X-D Components”: The Class D Component and Class E Component, each of which constitutes a separate class of “regular
interests”, within the meaning of Code Section 860G(a)(1), in the Upper-Tier REMIC with a pass-through rate equal to its
Class X Strip Rate from time to time and a notional amount equal to its Component Notional Amount from time to time.

 

“Class
X-D Notional Amount”: With respect to the Class X-D Certificates as of any date of determination, the sum of the Component
Notional Amounts of the Class X-D Components.

 

“Class
X-D Pass-Through Rate”: For any Distribution Date, the weighted average of the Class X Strip Rates for the Class X-D
Components for such Distribution Date (weighted on

 

    - 29 -

     

    

the
basis of the respective Component Notional Amounts of such Components outstanding immediately prior to such Distribution Date).

 

“Class
X-F Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating
Agent in substantially the form set forth in Exhibit A-14 hereto.

 

“Class
X-F Component”: The Class F Component, which constitutes a separate class of “regular interests”, within
the meaning of Code Section 860G(a)(1), in the Upper-Tier REMIC with a pass-through rate equal to its Class X Strip Rate from
time to time and a notional amount equal to its Component Notional Amount from time to time.

 

“Class
X-F Notional Amount”: With respect to the Class X-F Certificates as of any date of determination, the Component Notional
Amount of the Class X-F Component.

 

“Class
X-F Pass-Through Rate”: For any Distribution Date, the Class X Strip Rate for the Class X-F Component for such Distribution
Date.

 

“Class
X-G Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating
Agent in substantially the form set forth in Exhibit A-15 hereto.

 

“Class
X-G Component”: The Class G Component, which constitutes a separate class of “regular interests”, within
the meaning of Code Section 860G(a)(1), in the Upper-Tier REMIC with a pass-through rate equal to its Class X Strip Rate from
time to time and a notional amount equal to its Component Notional Amount from time to time.

 

“Class
X-G Notional Amount”: With respect to the Class X-G Certificates as of any date of determination, the Component Notional
Amount of the Class X-G Component.

 

“Class
X-G Pass-Through Rate”: For any Distribution Date, the Class X Strip Rate for the Class X-G Component for such Distribution
Date.

 

“Class
X-H Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating
Agent in substantially the form set forth in Exhibit A-16 hereto.

 

“Class
X-H Component”: The Class H Component, which constitutes a separate class of “regular interests”, within
the meaning of Code Section 860G(a)(1), in the Upper-Tier REMIC with a pass-through rate equal to its Class X Strip Rate from
time to time and a notional amount equal to its Component Notional Amount from time to time.

 

“Class
X-H Notional Amount”: With respect to the Class X-H Certificates as of any date of determination, the Component Notional
Amount of the Class X-H Component.

 

“Class
X-H Pass-Through Rate”: For any Distribution Date, the Class X Strip Rate for the Class X-H Component for such Distribution
Date.

 

    - 30 -

     

    

“Class
X-J Certificate”: Any one of the Certificates executed and authenticated by the Certificate Administrator or the Authenticating
Agent in substantially the form set forth in Exhibit A-17 hereto.

 

“Class
X-J Component”: The Class J Component, which constitutes a separate class of “regular interests”, within
the meaning of Code Section 860G(a)(1), in the Upper-Tier REMIC with a pass-through rate equal to its Class X Strip Rate from
time to time and a notional amount equal to its Component Notional Amount from time to time.

 

“Class
X-J Notional Amount”: With respect to the Class X-J Certificates as of any date of determination, the Component Notional
Amount of the Class X-J Component.

 

“Class
X-J Pass-Through Rate”: For any Distribution Date, the Class X Strip Rate for the Class X-J Component for such Distribution
Date.

 

“Clearing
Agency”: An organization registered as a “clearing agency” pursuant to Section 17A of the Exchange Act.
The initial Clearing Agency shall be The Depository Trust Company.

 

“Clearstream”:
Clearstream Banking, Luxembourg, and its successors in interest.

 

“Closing Date”: May 12, 2022.

 

“CMBS”:
Commercial mortgage-backed securities.

 

“Co-Lender
Agreement”: With respect to any Loan Combination, the co-lender agreement, intercreditor agreement, agreement among
noteholders or similar agreement, dated as of the date set forth in the Loan Combination Table under the column heading “Date
of Co-Lender Agreement” and governing the relative rights of the holders of the related Mortgage Loan and Companion Loan(s),
as the same may be amended, restated or otherwise modified from time to time in accordance with the terms thereof. A Co-Lender
Agreement exists with respect to each Loan Combination as of the Closing Date.

 

“Code”:
The Internal Revenue Code of 1986, as amended from time to time, any successor statute thereto, and any temporary or final regulations
of the United States Department of the Treasury promulgated pursuant thereto.

 

“Collateral
Deficiency Amount”: With respect to any AB Modified Loan as of any date of determination, the excess of (i) the Stated
Principal Balance of such AB Modified Loan (taking into account the related junior note(s) included therein), over (ii) the sum
of (in the case of a Loan Combination, solely to the extent allocable to the subject Mortgage Loan) (x) the most recent Appraised
Value for the related Mortgaged Property or Mortgaged Properties, plus (y) solely to the extent not reflected or taken into account
in such Appraised Value and to the extent on deposit with, or otherwise under the control of, the lender as of the date of such
determination, any capital or additional collateral contributed by the related Mortgagor at the time the subject Mortgage Loan
became (and as part of the modification related to) such AB Modified Loan for the benefit of the related Mortgaged Property or
Mortgaged Properties (provided, that in the case of an Outside Serviced Mortgage Loan, the amounts set forth in this clause (y)
will be taken into

 

    - 31 -

     

    

account
solely to the extent relevant information is received by the Special Servicer), plus (z) any other escrows or reserves (in addition
to any amounts set forth in the immediately preceding clause (y)) held by the lender in respect of such AB Modified Loan as of
the date of such determination. The Certificate Administrator, the Master Servicer and the Operating Advisor (other than with
respect to any Collateral Deficiency Amount calculations that the Operating Advisor is required to review, recalculate and/or
verify pursuant to Section 3.29) shall be entitled to conclusively rely on the Special Servicer’s calculation or
determination of any Collateral Deficiency Amount.

 

“Collection
Account”: The account or accounts created and maintained by the Master Servicer pursuant to Section 3.05(a) of
this Agreement, which (subject to any changes in the identities of the Master Servicer and/or the Trustee) shall be entitled “KeyBank
National Association, as Master Servicer on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of the
registered holders of Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35, and the
Uncertificated VRR Interest Owners, Collection Account” and which must be an Eligible Account.

 

“Collection
Period”: With respect to any Distribution Date, the period beginning on the day immediately following the Determination
Date occurring in the month preceding the month in which that Distribution Date occurs (or, in the case of the Collection Period
for the initial Distribution Date, with respect to any particular Mortgage Loan or Companion Loan, beginning on the day immediately
following the Due Date for such Mortgage Loan or Companion Loan in the month preceding the month in which that Distribution Date
occurs (or the date that would have been the Due Date if such Mortgage Loan or Companion Loan had a Due Date in such preceding
month)) and ending on and including the Determination Date occurring in the month in which that Distribution Date occurs.

 

“Combined
VRR Available Funds”: With respect to any Distribution Date, an amount equal to the product of the Aggregate Available
Funds for such Distribution Date multiplied by the Vertically Retained Percentage.

 

“Combined
VRR Interest”: The Class VRR Certificates and the Uncertificated VRR Interest, collectively. The Combined VRR Interest
represents undivided beneficial interests in the VRR Specific Grantor Trust Assets.

 

“Combined
VRR Interest Balance”: The Certificate Balance of the Class VRR Certificates and the Uncertificated VRR Interest Balance,
together.

 

“Combined
VRR Interest Owner”: Any Holder of a Class VRR Certificate or any Uncertificated VRR Interest Owner.

 

“Commission”:
The Securities and Exchange Commission.

 

“Communication Request”: As defined in Section 5.07(a) of this
Agreement.

 

“Companion
Loan”: With respect on any Loan Combination, as defined in the definition of “Loan Combination.” If, with
respect to any Loan Combination, any promissory note evidencing a related Companion Loan is split and replaced with 2 or more
replacement promissory

 

    - 32 -

     

    

notes,
each such related promissory note will evidence a separate Companion Loan with respect to such Loan Combination. Each Companion
Loan is either a Pari Passu Companion Loan or a Subordinate Companion Loan. In the case of a Companion Loan serviced under this
Agreement, the term “Companion Loan” shall include a REO Companion Loan.

 

“Companion
Loan Holder”: The holder of a Companion Loan.

 

“Companion
Loan Holder Representative”: With respect to each Serviced Companion Loan, any representative appointed by the related
Companion Loan Holder.

 

“Companion
Loan Rating Agency”: With respect to any Serviced Companion Loan, any rating agency that was engaged by a participant
in the securitization of such Serviced Companion Loan to assign a rating to the related Serviced Companion Loan Securities.

 

“Companion
Loan Rating Agency Confirmation”: With respect to any matter involving the servicing and administration of a Serviced
Companion Loan or any related REO Property as to which any Serviced Companion Loan Securities exist, confirmation in writing (which
may be in electronic form) by each applicable Companion Loan Rating Agency that a proposed action, failure to act or other event
so specified will not, in and of itself, result in the downgrade, withdrawal or qualification of the then-current rating assigned
to any class of such Serviced Companion Loan Securities (if then rated by the Companion Loan Rating Agency); provided that upon
receipt of a written waiver or other acknowledgment from the Companion Loan Rating Agency indicating its decision not to review
or declining to review the matter for which the Companion Loan Rating Agency Confirmation is sought (such written notice, a “Companion
Loan Rating Agency Declination”), or as otherwise provided in Section 3.30 of this Agreement, the requirement for
the Companion Loan Rating Agency Confirmation from the applicable Companion Loan Rating Agency with respect to such matter shall
not apply.

 

“Companion
Loan Rating Agency Declination”: As defined in the definition of “Companion Loan Rating Agency Confirmation”
in this Agreement.

 

“Compensating
Interest Payments”: Any payment required to be made by the Master Servicer pursuant to Section 3.13 of this Agreement
to cover Prepayment Interest Shortfalls.

 

“Component”:
With respect to the Class X-A Certificates, each of the Class A-1 Component, Class A-2 Component, Class A-3-1 Component, Class
A-3-2 Component, Class A-4-1 Component, Class A-4-2 Component, Class A-5 Component and Class A-SB Component; with respect to
the Class X-D Certificates, each of the Class D Component and Class E Component; with respect to the Class X-F Certificates, the
Class F Component; with respect to the Class X-G Certificates, the Class G Component; with respect to the Class X-H Certificates,
the Class H Component; and with respect to the Class X-J Certificates, the Class J Component.

 

“Component
Notional Amount”: With respect to each Component and any date of determination, an amount equal to the Lower-Tier Principal
Balance of the Corresponding Lower-Tier Regular Interest for that Component.

 

    - 33 -

     

    

“Condemnation
Proceeds”: All proceeds received in connection with the taking of all or a part of a Mortgaged Property or REO Property
(including with respect to the Outside Serviced Mortgage Loans) by exercise of the power of eminent domain or condemnation, subject,
however, to the rights of any tenants and ground lessors, as the case may be, and the terms of the related Mortgage and related
Co-Lender Agreement; provided that, in the case of an Outside Serviced Mortgage Loan, “Condemnation Proceeds”
under this Agreement shall be limited to any related proceeds of the type described above in this definition that are received
by the Trust Fund in connection with such Outside Serviced Mortgage Loan, pursuant to the allocations set forth in the related
Co-Lender Agreement.

 

“Consent
Fees”: With respect to any Serviced Loan, any and all fees actually paid by a Mortgagor with respect to any consent
or approval (or review thereof) required or requested pursuant to the terms of the Loan Documents that does not involve a modification
evidenced by a signed writing, assumption, extension, waiver or amendment of the terms of the Loan Documents.

 

“Consultation
Election Notice”: As defined in Section 2.03(g).

 

“Consultation
Requesting Certificateholder”: Any Certificateholder or Certificate Owner that timely delivers a Consultation Election
Notice.

 

“Consultation
Termination Event”: The event that either (a) will occur when none of the Classes of Control Eligible Certificates has
a Certificate Balance, without regard to the allocation of any Cumulative Appraisal Reduction Amount, that is equal to or greater
than 25% of the initial Certificate Balance of that Class of Certificates or (b) is deemed to occur pursuant to Section 6.09(d)
or Section 6.09(h) of this Agreement; provided, however, that a Consultation Termination Event shall in no event
exist at any time that the Certificate Balance of each Class of Non-Vertically Retained Principal Balance Certificates senior
to the Control Eligible Certificates has been reduced to zero (without regard to the allocation of Cumulative Appraisal Reduction
Amounts). With respect to Excluded Mortgage Loans as to which the Controlling Class Representative would otherwise be a Consulting
Party, a Consultation Termination Event shall be deemed to exist.

 

“Consulting
Party”: With respect to any Serviced Mortgage Loan or, if applicable, Serviced Loan Combination, will be each of:

 

(i)            except with respect to a Serviced Outside Controlled Loan Combination, solely (a) after the occurrence and during the continuance
of a Control Termination Event, but prior to the occurrence and continuance of a Consultation Termination Event and (b) for so
long as the related Mortgage Loan is not an Excluded Mortgage Loan, the Controlling Class Representative;

 

(ii)           with respect to any Serviced Outside Controlled Loan Combination (which may include a Servicing Shift Loan Combination or a Serviced
Loan Combination with a Controlling Subordinate Companion Loan held outside the Trust), (a) if and for so long as the holder of
the Mortgage Loan included in this securitization transaction is entitled under the related Co-Lender Agreement to exercise consultation
rights with respect to such Loan Combination, (b) solely prior to the occurrence and continuance of a Consultation

 

    - 34 -

     

    

Termination
Event, and (c) for so long as the related Mortgage Loan is not an Excluded Mortgage Loan, the Controlling Class Representative;

 

(iii)          with respect to any Serviced Loan Combination that includes a Pari Passu Companion Loan, the holder of such Pari Passu Companion
Loan if and to the extent such holder (a) is not the applicable Directing Holder, and (b) is entitled to exercise consultation
rights under the related Co-Lender Agreement;

 

(iv)          solely after the occurrence and during the continuance of a Control Termination Event, the Operating Advisor; and

 

(v)           except with respect to any Excluded RRCP Mortgage Loan, (a) for so long as no Consultation Termination Event is continuing, with
respect to any Specially Serviced Loan, and (b) during the continuance of a Consultation Termination Event, with respect to any
Mortgage Loan, each Risk Retention Consultation Party;

 

provided,
that with respect to any Serviced Loan Combination, the rights of any Consulting Party set forth in clauses (i) through (iii)
above will be subject to and may be limited by the terms and provisions of any related Co-Lender Agreement.

 

For
the avoidance of doubt, (A) the Controlling Class Representative shall not be a Consulting Party if and for so long as (1) a
Consultation Termination Event is in effect, (2) the related Mortgage Loan is an Excluded Mortgage Loan, and/or (3) with
respect to any Serviced Outside Controlled Loan Combination, it is not entitled under the related Co-Lender Agreement to
exercise consultation rights with respect to such Loan Combination, (B) consultation with the Operating Advisor shall be
required only with respect to the matters as to which consultation with the applicable Consulting Parties is required as set
forth in Sections 3.09, 3.17(m), 3.21, 3.24, 3.29, 6.09 and 7.02 and
in the definition of “Acceptable Insurance Default”; (C) the Operating Advisor shall not be a Consulting Party if
and for so long as no Control Termination Event has occurred and is continuing, (D) consultation with each Risk Retention
Consultation Party shall be required only with respect to the matters as to which consultation with the applicable Consulting
Parties is required as set forth in Sections 3.09, 3.17(m), 3.21, 3.24, 6.09 and 7.02
and in the definition of “Acceptable Insurance Default”; (E) none of the Risk Retention Consultation Parties
shall be a Consulting Party with respect to any Mortgage Loan that is an Excluded RRCP Mortgage Loan with respect to such
party, or with respect to any Mortgage Loans other than as described in the immediately preceding clause (v), and (F)
the consultation rights of the holder of a Pari Passu Companion Loan with respect to any related Serviced Loan Combination
shall be subject to the terms of the related Co-Lender Agreement.

 

Further
for the avoidance of doubt, with respect to any Serviced Mortgage Loan or Serviced Loan Combination, if none of the Controlling
Class Representative, the Operating Advisor, a Risk Retention Consultation Party, or a holder of a Pari Passu Companion Loan is
a Consulting Party in accordance with the foregoing definition, then there will be no Consulting Party for that Serviced Mortgage
Loan or Serviced Loan Combination. If any Consulting Party has not been identified to the Master Servicer or the Special Servicer,
as applicable (and (I) if the applicable Consulting Party is the Controlling Class Representative or a Risk Retention Consultation
Party, the Master Servicer or the Special Servicer, as the case may be, has attempted

 

    - 35 -

     

    

to
obtain such information from the Certificate Administrator or (II) if the applicable Consulting Party is the holder of a Pari
Passu Companion Loan, the Master Servicer or the Special Servicer, as the case may be, has attempted to obtain such information
in accordance with Section 3.28(g), and, in the case of either of clause (I) or clause (II), no such entity has been identified
to the Master Servicer or the Special Servicer, as applicable), then until such time as such Consulting Party is identified to
the Master Servicer or the Special Servicer, as applicable, the Master Servicer or the Special Servicer, as applicable, shall
have no duty to consult with such Consulting Party. For the avoidance of doubt, the initial Controlling Class Representative is
identified in the definition of “Controlling Class Representative”, the initial Risk Retention Consultation Parties
are identified in the definition of “Risk Retention Consultation Party”, and the initial holder(s) of the Serviced
Companion Loan(s) are identified on Exhibit NN hereto.

 

“Control
Eligible Certificates”: Any of the Class F, Class G, Class H and Class J Certificates.

 

“Control
Termination Event”: The event that either (a) will occur when none of the Classes of the Control Eligible
Certificates has a Certificate Balance (as notionally reduced by any Cumulative Appraisal Reduction Amount then allocable to
such Class in accordance with Section 3.10(a) of this Agreement) that is at least equal to 25% of the initial
Certificate Balance of that Class of Certificates or (b) is deemed to occur pursuant to Section 6.09(d) or Section
6.09(h) of this Agreement; provided, however, that a Control Termination Event shall in no event exist at any time
that the Certificate Balance of each Class of the Non-Vertically Retained Principal Balance Certificates senior to the
Control Eligible Certificates has been reduced to zero (without regard to the allocation of Cumulative Appraisal Reduction
Amounts). With respect to Excluded Mortgage Loans as to which the Controlling Class Representative would otherwise be the
Directing Holder, a Control Termination Event shall be deemed to exist.

 

“Controlling
Class”: As of any time of determination, the most subordinate Class of Control Eligible Certificates then outstanding
that has a Certificate Balance (as notionally reduced by any portion of the Cumulative Appraisal Reduction Amount allocable to
such Class in accordance with Section 3.10(a) of this Agreement) at least equal to 25% of the initial Certificate Balance
of such Class; provided, however, that (except under the circumstances set forth in the following proviso) if no
Class of Control Eligible Certificates meets the preceding requirement, then the Class F Certificates will be the Controlling
Class; and provided, further, however, that if, at any time the aggregate outstanding Certificate Balance
of the Classes of Non-Vertically Retained Principal Balance Certificates senior to the Control Eligible Certificates has been
reduced to zero (without regard to the allocation of any Cumulative Appraisal Reduction Amount), then the Controlling Class shall
be the most subordinate Class of Control Eligible Certificates that has an outstanding Certificate Balance greater than zero (without
regard to the allocation of any Cumulative Appraisal Reduction Amount). The Controlling Class as of the Closing Date will be the
Class J Certificates.

 

“Controlling
Class Certificateholder”: Each Holder (or Certificate Owner, if applicable) of a Certificate of the Controlling Class
as determined by the Certificate Administrator from time to time.

 

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“Controlling
Class Representative”: The Controlling Class Certificateholder (or other representative) selected by at least a
majority of the Controlling Class Certificateholders by Certificate Balance, as identified by notice to the Certificate
Administrator by the applicable Controlling Class Certificateholders from time to time, with notice of such selection
delivered by the Certificate Administrator to the Special Servicer, the Master Servicer, the Operating Advisor, the Asset
Representations Reviewer and the Trustee; provided that, (i) absent such selection, or (ii) until a Controlling
Class Representative is so selected, or (iii) upon receipt of notice from the Controlling Class Certificateholders that own
Certificates representing more than 50% of the Certificate Balance of the Controlling Class that a Controlling Class
Representative is no longer so designated, the Controlling Class Representative shall be the Controlling Class
Certificateholder that owns Certificates representing the largest aggregate Certificate Balance of the Controlling Class, as
identified (in writing with contact information) to the Certificate Administrator (who shall notify the Master Servicer, the
Special Servicer and the Operating Advisor). If, upon the occurrence of any of the events or circumstances specified in
clauses (i), (ii) or (iii) above, the Controlling Class Certificateholder that owns Certificates
representing the largest aggregate Certificate Balance of the Controlling Class has not been identified to the Certificate
Administrator (and thereby the Master Servicer and the Special Servicer), then the Master Servicer and the Special Servicer
shall have no obligation to obtain the consent of, or consult with, any Controlling Class Representative until notified by
the Certificate Administrator of the identity of such largest Controlling Class Certificateholder or otherwise notified of
the identity of the Controlling Class Representative as provided in this Agreement. No Person may exercise any of the
consent or consultation rights and powers of the Controlling Class Representative with respect to an Excluded Mortgage Loan.
The initial Controlling Class Representative on the Closing Date shall be LD III Sub VII, LLC, and the Certificate Registrar
and the other parties to this Agreement shall be entitled to assume LD III Sub VII, LLC is the Controlling Class
Representative on behalf of the Controlling Class Certificateholders, until the Certificate Administrator, the Master
Servicer, the Special Servicer and each other Controlling Class Certificateholder receives (a) written notice of a
replacement Controlling Class Representative or (b) written notice that LD III Sub VII, LLC is no longer the Holder (or
Certificate Owner) of a majority of the applicable Controlling Class.

 

“Controlling
Subordinate Companion Loan”: A Subordinate Companion Loan that is evidenced by the “control note” (or analogous
concept) under the related Co-Lender Agreement, or the holder of which is the “directing holder” (or analogous concept)
under the related Co-Lender Agreement.

 

“Corporate
Trust Office”: The office of the Trustee or the Certificate Administrator, at which at any particular time its corporate
trust business shall be principally administered. At the date of this Agreement, the corporate trust office of (i) the Trustee
is located at 1100 North Market Street, Wilmington, Delaware 19890, Attention: CMBS Trustee Benchmark 2022-B35, and (ii) the Certificate
Administrator is located, for certificate transfer purposes, at 600 South 4th Street, 7th Floor, Minneapolis, Minnesota 55415,
and for all other purposes, except as specifically set forth herein, 9062 Old Annapolis Road, Columbia, Maryland 21045.

 

“Corrected
Loan”: Any Serviced Loan that had been a Specially Serviced Loan but has ceased to be such in accordance with the definition
of “Specially Serviced Loan” (other than

 

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by
reason of a Liquidation Event occurring in respect of such Serviced Loan or a related Mortgaged Property becoming an REO Property).

 

“Corresponding
Certificates”: As identified in the Preliminary Statement with respect to any Lower-Tier Regular Interest or Component.

 

“Corresponding
Component”: As identified in the Preliminary Statement with respect to any Class of Non-Vertically Retained Principal
Balance Certificates or Lower-Tier Regular Interest.

 

“Corresponding
Lower-Tier Regular Interest”: As identified in the Preliminary Statement with respect to any Class of Non-Vertically
Retained Principal Balance Certificates, the Class VRR Upper-Tier Regular Interest or any Component.

 

“CREFC®”:
CRE Finance Council, formerly known as Commercial Mortgage
Securities Association, or any association or organization that is a successor thereto. If neither such association nor any successor
remains in existence, “CREFC®” shall be deemed to refer to such other association or organization as
may exist whose principal membership consists of servicers, trustees, certificateholders, issuers, placement agents and underwriters
generally involved in the commercial mortgage loan securitization industry, which is the principal such association or organization
in the commercial mortgage loan securitization industry and whose principal purpose is the establishment of industry standards
for reporting transaction-specific information relating to commercial mortgage pass-through certificates and commercial mortgage-backed
bonds and the commercial mortgage loans and foreclosed properties underlying or backing them to investors holding or owning such
certificates or bonds, and any successor to such other association or organization. If an organization or association described
in one of the preceding sentences of this definition does not exist, “CREFC®” shall be deemed to refer
to such other association or organization as shall be selected by the Master Servicer and reasonably acceptable to the Certificate
Administrator, the Special Servicer and, for so long as no Control Termination Event has occurred and is continuing, the Controlling
Class Representative.

 

“CREFC®
Advance Recovery Report”: A monthly report substantially in the form of, and containing the information called
for in, the downloadable form of the “Advance Recovery Report” available as of the Closing Date on the CREFC®
Website, or such other form for the presentation of such information and containing such additional information as may from
time to time be approved by the CREFC® for commercial mortgage securities transactions generally.

 

“CREFC®
Appraisal Reduction Template”: A
report substantially in the form of, and containing the information called for in, the downloadable form of the “Appraisal
Reduction Template” available as of the Closing Date on the CREFC® Website, or such other form for the presentation
of such information and containing such additional information as may from time to time be approved by the CREFC®
for commercial mortgage securities transactions generally.

 

“CREFC®
Assumption Modification Posting Instructions Template”: A
report substantially in the form of, and containing the information called for in, the downloadable form of the “Assumption
Modification Posting Instructions Template” available as of the Closing Date on the CREFC® Website, or such
other form for the presentation of such information and

 

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containing
such additional information as may from time to time be approved by the CREFC® for commercial mortgage securities
transactions generally.

 

“CREFC®
Bond Level File”: The data file
in the “CREFC® Bond Level File” format substantially in the form of and containing the information
called for therein, or such other form for the presentation of such information as may be approved from time to time by the CREFC®
for commercial mortgage securities transactions generally.

 

“CREFC®
Capitalized Amounts/Non-Recoverable Trust Expense Template”: A report substantially in the form of, and containing
the information called for in, the downloadable form of the “Capitalized Amounts/Non-Recoverable Trust Expense Template”
available as of the Closing Date on the CREFC® Website, or such other form for the presentation of such information
and containing such additional information as may from time to time be approved by the CREFC® for commercial mortgage
securities transactions generally.

 

“CREFC®
Collateral Summary File”: The data file in the “CREFC® Collateral Summary File”
format substantially in the form of and containing the information called for therein, or such other form for the presentation
of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions
generally.

 

“CREFC®
Comparative Financial Status Report”: The monthly report in “Comparative Financial Status Report” format substantially in
the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation
of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions
generally.

 

“CREFC®
Delinquent Loan Status Report”: A
report substantially in the form of, and containing the information called for in, the downloadable form of the “Delinquent
Loan Status Report” available as of the Closing Date on the CREFC® Website, or no later than 90 days after
its adoption, such other form for the presentation of such information and containing such additional information as may from
time to time be approved by the CREFC® for commercial mortgage securities transactions generally.

 

“CREFC®
Financial File”: The data file in the “CREFC® Financial File” format substantially
in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation
of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions
generally.

 

“CREFC®
Historical Bond/Collateral Realized Loss Reconciliation Template”: A
report substantially in the form of, and containing the information called for in, the downloadable form of the “Historical
Bond/Collateral Realized Loss Reconciliation Template” available as of the Closing Date on the CREFC® Website,
or such other form for the presentation of such information and containing such additional information as may from time to time
be approved by the CREFC® for commercial mortgage securities transactions generally.

 

“CREFC®
Historical Liquidation Loss Template”: A
report substantially in the form of, and containing the information called for in, the downloadable form of the “Historical
Liquidation Loss Template” available as of the Closing Date on the CREFC® Website, or such

 

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other
form for the presentation of such information and containing such additional information as may from time to time be approved
by the CREFC® for commercial mortgage securities transactions generally.

 

“CREFC® Historical
Loan Modification/Forbearance and Corrected Mortgage Loan Report”:
The monthly report in the “Historical Loan Modification/Forbearance and Corrected Mortgage Loan Report” format substantially
in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation
of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions
generally.

 

“CREFC® Intellectual
Property Royalty License Fee”: With respect to each Mortgage Loan (including any successor REO Mortgage Loan with respect
thereto) and for any Distribution Date, the amount accrued during the related Interest Accrual Period at the CREFC® Intellectual
Property Royalty License Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage
Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close
of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed
for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on
the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the CREFC® Intellectual
Property Royalty License Fee shall be payable from the Lower-Tier REMIC.

 

“CREFC® Intellectual
Property Royalty License Fee Rate”: With respect to each Mortgage Loan, a rate equal to 0.00050% per annum.

 

“CREFC®
Interest Shortfall Reconciliation Template”: A report substantially in the form of, and containing the information
called for in, the downloadable form of the “Interest Shortfall Reconciliation Template” available as of the Closing
Date on the CREFC® Website, or such other form for the presentation of such information and containing such additional
information as may from time to time be approved by the CREFC® for commercial mortgage securities transactions
generally.

 

“CREFC®
Investor Reporting Package (IRP)”: Collectively: (a) the following nine data files (and any other files as may
be, or have been, adopted and promulgated by CREFC® as part of the CREFC® Investor Reporting Package
(IRP) from time to time): (i) CREFC® Loan Setup File, (ii) CREFC® Loan Periodic Update File, (iii)
CREFC® Property File, (iv) CREFC® Bond Level File, (v) CREFC® Financial File, (vi)
CREFC® Collateral Summary File, (vii) CREFC® Special Servicer Loan File, (viii) CREFC®
Special Servicer Property File and (ix) CREFC® Schedule AL File;

 

(b)           the following ten supplemental reports (and any other reports as may be, or have been, adopted and promulgated by
CREFC® as part of the CREFC® Investor Reporting Package (IRP) from time to time): (i)
CREFC® Delinquent Loan Status Report, (ii) CREFC® Historical Loan
Modification/Forbearance and Corrected Mortgage Loan Report, (iii) CREFC® REO Status Report, (iv)
CREFC® Operating Statement Analysis Report, (v) CREFC® Comparative Financial Status Report,
(vi) CREFC® Servicer

 

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Watchlist/Portfolio
Review Guidelines, (vii) CREFC® Loan Level Reserve/LOC Report, (viii) CREFC® NOI Adjustment
Worksheet, (ix) CREFC® Advance Recovery Report, and (x) CREFC® Total Loan Report;

 

(c)           the following fifteen templates (and any other templates as may be, or have been, adopted and promulgated by CREFC®
as part of the CREFC® Investor Reporting Package (IRP) from time to time): (i) CREFC® Appraisal
Reduction Template, (ii) CREFC® Servicer Realized Loss Template, (iii) CREFC® Reconciliation of
Funds Template, (iv) CREFC® Historical Bond/Collateral Realized Loss Reconciliation Template, (v) CREFC®
Historical Liquidation Loss Template, (vi) CREFC® Interest Shortfall Reconciliation Template, (vii) CREFC®
Servicer Remittance to Certificate Administrator Template, (viii) CREFC® Significant Insurance Event Template,
(ix) CREFC® Loan Modification Report Template; (x) CREFC® Loan Liquidation Report Template, (xi)
CREFC® REO Liquidation Report Template; (xii) CREFC® Payment Posting Instructions Template; (xiii)
CREFC® Modification Posting Instructions Template; (xiv) CREFC® Assumption Modification Posting
Instructions Template, and (xv) CREFC® Capitalized Amounts/Non-Recoverable Trust Expense Template; and

 

(d)           such other reports and data files as CREFC® may designate, or has designated, as part of the “CREFC®
Investor Reporting Package (CREFC® IRP)” from time to time.

 

“CREFC®
Loan Level Reserve/LOC Report”:
The monthly report in the “CREFC® Loan Level Reserve/LOC Report” format substantially in the form of
and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information
as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

 

“CREFC®
Loan Liquidation Report Template”: A report substantially in the form of, and containing the information called
for in, the downloadable form of the “Loan Liquidation Report Template” available as of the Closing Date on the CREFC®
Website, or such other form for the presentation of such information and containing such additional information as may from
time to time be approved by the CREFC® for commercial mortgage securities transactions generally.

 

“CREFC®
Loan Modification Report Template”: A report substantially in the form of, and containing the information called
for in, the downloadable form of the “Loan Modification Report Template” available as of the Closing Date on the CREFC®
Website, or such other form for the presentation of such information and containing such additional information as may from
time to time be approved by the CREFC® for commercial mortgage securities transactions generally.

 

“CREFC®
Loan Periodic Update File”: The data file in the “CREFC® Loan Periodic Update File”
format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form
for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage
securities transactions generally.

 

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“CREFC®
Loan Setup File”: The data file in the “CREFC® Loan Setup File” format substantially
in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation
of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions
generally.

 

“CREFC®
Modification Posting Instructions Template”: A
report substantially in the form of, and containing the information called for in, the downloadable form of the “Modification
Posting Instructions Template” available as of the Closing Date on the CREFC® Website, or such other form
for the presentation of such information and containing such additional information as may from time to time be approved by the
CREFC® for commercial mortgage securities transactions generally.

 

“CREFC®
NOI Adjustment Worksheet”: The worksheet
in the “NOI Adjustment Worksheet” format substantially in the form of and containing the information called for therein
for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the
CREFC® for commercial mortgage securities transactions generally.

 

“CREFC®
Operating Statement Analysis Report”: The monthly report (prepared with respect to each Mortgaged Property or,
with respect to a Mortgage Loan secured by a portfolio of Mortgaged Properties, on a consolidated basis with respect to such portfolio)
in the “Operating Statement Analysis Report” format substantially in the form of and containing the information called
for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to
time by the CREFC® for commercial mortgage securities transactions generally.

 

“CREFC®
Payment Posting Instructions Template”: A report substantially in the form of, and containing the information
called for in, the downloadable form of the “Payment Posting Instructions Template” available as of the Closing Date
on the CREFC® Website, or such other form for the presentation of such information and containing such additional
information as may from time to time be approved by the CREFC® for commercial mortgage securities transactions
generally.

 

“CREFC®
Property File”: The data file in the “CREFC® Property File” format substantially in
the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation
of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions
generally.

 

“CREFC®
Reconciliation of Funds Template”: A report substantially in the form of, and containing the information called for
in, the downloadable form of the “Reconciliation of Funds Template” available as of the Closing Date on the CREFC®
Website, or such other form for the presentation of such information and containing such additional information as may from
time to time be approved by the CREFC® for commercial mortgage securities transactions generally.

 

“CREFC®
REO Liquidation Report Template”: A
report substantially in the form of, and containing the information called for in, the downloadable form of the “REO Liquidation
Report Template” available as of the Closing Date on the CREFC® Website, or such other form

 

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for
the presentation of such information and containing such additional information as may from time to time be approved by the CREFC®
for commercial mortgage securities transactions generally.

 

“CREFC®
REO Status Report”: The report in the “REO Status Report” format substantially in the form of and
containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information
as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

 

“CREFC®
Schedule AL File”: The data file in the “Schedule AL File” format substantially in the form of and
containing the information required by Items 1111(h)(1), 1111(h)(2) and 1111(h)(3) of Regulation AB, Item 1125 of Regulation AB
and Item 601(b)(102) of Regulation S-K and otherwise called for therein, or such other form containing such required information
for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage
securities transactions generally, which in any case shall include all information required by Items 1111(h)(1), 1111(h)(2) and
1111(h)(3) of Regulation AB, Item 1125 of Regulation AB and Item 601(b)(102) of Regulation S-K.

 

“CREFC®
Servicer Realized Loss Template”: A
report substantially in the form of, and containing the information called for in, the downloadable form of the “Servicer
Realized Loss Template” available as of the Closing Date on the CREFC® Website, or such other form for the
presentation of such information and containing such additional information as may from time to time be approved by the CREFC®
for commercial mortgage securities transactions generally.

 

“CREFC®
Servicer Remittance to Certificate Administrator Template”: A
report substantially in the form of, and containing the information called for in, the downloadable form of the “Interest
Servicer Remittance to Certificate Administrator Template” available as of the Closing Date on the CREFC®
Website, or such other form for the presentation of such information and containing such additional information as may from time
to time be approved by the CREFC® for commercial mortgage securities transactions generally.

 

“CREFC®
Servicer Watch List/Portfolio Review Guidelines”: As of
each Determination Date a report, including and identifying each Performing Serviced Loan satisfying the “CREFC®
Portfolio Review Guidelines” approved from time to time by the CREFC® in the “CREFC®
Servicer Watch List” format substantially in the form of and containing the information called for therein for the
Mortgage Loans, or such other form (including other portfolio review guidelines) for the presentation of such information as may
be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

 

“CREFC®
Significant Insurance Event Template”: A report substantially in the form of, and containing the information called
for in, the downloadable form of the “Interest Significant Insurance Event Template” available as of the Closing Date
on the CREFC® Website, or such other form for the presentation of such information and containing such additional information
as may from time to time be approved by the CREFC® for commercial mortgage securities transactions generally.

 

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“CREFC®
Special Servicer Loan File”: The data file in the “CREFC® Special Servicer Loan File”
format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form
for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage
securities transactions generally.

 

“CREFC®
Special Servicer Property File”: The data file in the “CREFC® Special Servicer Property File”
format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form
for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage
securities transactions generally.

 

“CREFC®
Total Loan Report”: The report in the “Total Loan Report” format substantially in the form of and
containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information
as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

 

“CREFC®
Website”: The CREFC®’s
website located at “www.crefc.org” or such other primary website as the CREFC® may establish
for dissemination of its report forms.

 

“CREFI”:
Citi Real Estate Funding Inc., a New York corporation, and its successors in interest.

 

“CREFI
Mortgage Loan Purchase Agreement”: The mortgage loan purchase agreement, dated as of May 1, 2022, by and between CREFI
and the Depositor.

 

“CREFI
Mortgage Loans”: The Mortgage Loans (or portions thereof) transferred by CREFI to the Depositor and/or the Trust pursuant
to the CREFI Mortgage Loan Purchase Agreement and this Agreement.

 

“Cross-Collateralized
Group”: Any group of Mortgage Loans that are cross-collateralized and cross-defaulted with each other; provided that
a Mortgage Loan shall be part of a Cross-Collateralized Group only if and for so long as such Mortgage Loan is cross-collateralized
and cross-defaulted with each other Mortgage Loan in such Cross-Collateralized Group. There are no Cross-Collateralized Groups
included as assets of the Trust as of the Closing Date.

 

“Cross-Collateralized
Mortgage Loan”: Any Mortgage Loan that is part of a Cross-Collateralized Group.

 

“Cross-Over
Date”: The first Distribution Date as of which (prior to any distributions of principal or allocations of Realized Losses
on such Distribution Date) the Certificate Balances of the Class A-S, Class B, Class C, Class D, Class E, Class F, Class G, Class
H and Class J Certificates have all been previously reduced to zero due to the application of applicable Realized Losses.

 

“Cumulative
Appraisal Reduction Amount”: As of any date of determination by the Special Servicer, the sum of (i) all Appraisal Reduction
Amounts then in effect, and (ii) with

 

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respect
to any AB Modified Loan, any Collateral Deficiency Amount then in effect. The Certificate Administrator and the Master Servicer
shall be entitled to conclusively rely on the Special Servicer’s calculation or determination of any Cumulative Appraisal
Reduction Amount. None of the Master Servicer, the Trustee nor the Certificate Administrator shall calculate or verify any Cumulative
Appraisal Reduction Amount.

 

“Cure/Contest
Period”: As defined in Section 11.01(b)(vii).

 

“Custodial
Agreement”: The custodial agreement, if any, from time to time in effect between the Custodian named therein (if other
than the Certificate Administrator) and the Certificate Administrator, as the same may be amended or modified from time to time
in accordance with the terms thereof. For avoidance of doubt, as of the Closing Date, the Custodian is the Certificate Administrator.

 

“Custodian”:
Any custodian appointed pursuant to Section 5.10 of this Agreement and, unless the Certificate Administrator is such custodian,
named pursuant to any Custodial Agreement. The Custodian may (but need not) be the Trustee, the Certificate Administrator or the
Master Servicer or any Affiliate or agent of the Trustee, the Certificate Administrator or the Master Servicer, but may not be
the Depositor, a Mortgage Loan Seller or any Affiliate thereof. The Certificate Administrator shall be the initial Custodian.

 

“Cut-Off
Date”: With respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage Loan
or Serviced Companion Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its first
Due Date subsequent to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage Loan
or Serviced Companion Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).

 

“Cut-Off
Date Balance”: With respect to any Mortgage Loan or Serviced Companion Loan, the outstanding principal balance of such
Mortgage Loan or Serviced Companion Loan, as applicable, as of the Cut-Off Date, after application of all payments of principal
due on or before such date, whether or not received (or, if such Mortgage Loan was originated subsequent to the Cut-Off Date,
its original principal balance).

 

“DBRI”:
DBR Investments Co. Limited, and its successors in interest.

 

“DBRS
Morningstar”: DBRS, Inc. or its successors in interest. If neither DBRS, Inc., nor any successor remains in existence,
“DBRS Morningstar” shall be deemed to refer to such other nationally recognized statistical rating agency or other
comparable Person reasonably designated by the Depositor, notice of which designation shall be given to the Trustee, the Certificate
Administrator, the Master Servicer and the Special Servicer and specific ratings of DBRS Morningstar herein referenced shall be
deemed to refer to the equivalent ratings (as reasonably determined by the Depositor) of the party so designated.

 

“Debt
Service Coverage Ratio”: With respect to any Mortgage Loan (or Serviced Loan Combination, if applicable), for any twelve-month
period covered by an annual operating statement for the related Mortgaged Property, the ratio of (i) Net Operating Income produced
by the related Mortgaged Property during such period to (ii) the aggregate amount of Monthly

 

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Payments
(which do not include Balloon Payments) due under such Mortgage Loan (or Serviced Loan Combination, if applicable) during such
period; provided that with respect to the Mortgage Loans (and with respect to any Serviced Loan Combination that includes
a Mortgage Loan) identified on the Mortgage Loan Schedule as paying interest only for a specified period of time set forth in
the related Loan Documents and then paying principal and interest, the related Monthly Payment will be calculated (for purposes
of this definition only) to include interest and principal (based on the remaining amortization term indicated in the Mortgage
Loan Schedule).

 

“Default”:
An event of default under any Mortgage Loan (or Serviced Loan Combination, if applicable) or an event which, with the passage
of time or the giving of notice, or both, would constitute an event of default under such Mortgage Loan (or Serviced Loan Combination,
if applicable).

 

“Default
Interest”: With respect to any Mortgage Loan or Serviced Companion Loan, all interest other than Excess Interest accrued
in respect of such Mortgage Loan or Serviced Companion Loan as provided in the related Note or Mortgage as a result of a default
(exclusive of late payment charges) that is in excess of interest at the related Mortgage Rate.

 

“Default
Rate”: With respect to each Mortgage Loan or Serviced Companion Loan, the per annum rate at which interest accrues
on such Mortgage Loan or Serviced Companion Loan, as the case may be, following any event of default on such Mortgage Loan or
Serviced Companion Loan, as the case may be, including a default in the payment of a Monthly Payment or a Balloon Payment.

 

“Defaulted
Loan”: A Serviced Loan or Serviced Loan Combination (i) that is delinquent at least sixty days in respect of its Monthly
Payments or delinquent in respect of its Balloon Payment, if any, in either case such delinquency to be determined without giving
effect to any grace period permitted by the related Mortgage or Note and without regard to any acceleration of payments under
the related Mortgage and Note or (ii) as to which the Master Servicer or Special Servicer has, by written notice to the related
Mortgagor, accelerated the maturity of the indebtedness evidenced by the related Note.

 

“Defaulted
Mortgage Loan”: A Mortgage Loan that is a Defaulted Loan.

 

“Defaulted
Serviced Loan Combination”: Any Serviced Loan Combination with respect to which the related Serviced
Mortgage Loan or a related Serviced Companion Loan is a Defaulted Loan.

 

“Defeasance
Loan”: Those Mortgage Loans that provide the related Mortgagor with the option to defease the related Mortgaged Property.

 

“Defective
Mortgage Loan”: As defined in Section 2.03(a) of this Agreement.

 

“Deficient
Exchange Act Deliverable”: With respect to the Master Servicer, the Special Servicer, the Operating Advisor,
the Asset Representations Reviewer, the Certificate Administrator, the Custodian, the Trustee and each Servicing Function
Participant and Additional Servicer retained by it (other than a Mortgage Loan Seller Sub-Servicer), any item (x) regarding
such party, (y) prepared by such party or any registered public accounting firm, attorney or other

 

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agent
retained by such party to prepare such item and (z) delivered by or on behalf of such party pursuant to the delivery requirements
under Article X of this Agreement, that does not conform to the applicable reporting requirements under the Securities Act, the
Exchange Act, the Sarbanes-Oxley Act and/or the rules and regulations promulgated thereunder.

 

“Definitive
Certificate”: Any Certificate in fully registered certificated form without interest coupons.

 

“Delinquent
Loan”: A Mortgage Loan that is delinquent at least sixty (60) days in respect of its Monthly Payments or Balloon Payment,
if any, in either case such delinquency to be determined without giving effect to any Grace Period. Notwithstanding the foregoing,
a delinquency that would have existed but for a Payment Accommodation will not constitute a delinquency, for so long as the related
Mortgagor is complying with the terms of such Payment Accommodation.

 

“Depositor”:
Citigroup Commercial Mortgage Securities Inc., a Delaware corporation, and its successors and assigns.

 

“Depository”:
The Depository Trust Company or a successor appointed by the Certificate Registrar (which appointment shall be at the direction
of the Depositor if the Depositor is legally able to do so).

 

“Depository
Participant”: A Person for whom, from time to time, the Depository effects book-entry transfers and pledges of securities
deposited with the Depository.

 

“Designated
Site”: The internet website to which Diligence Files are uploaded as designated by the Depositor to the Mortgage Loan
Sellers, initially located at www.intralinks.com.

 

“Determination
Date”: The eleventh day of each calendar month (or, if the eleventh day of that month is not a Business Day, the next
Business Day), commencing in June 2022.

 

“Diligence
File”: With respect to each Mortgage Loan, collectively the following documents in electronic format:

 

(a)           A copy
of each of the following documents:

 

(i)          (A) the Mortgage Note, endorsed on its face or by allonge attached to the Mortgage Note, without recourse, to the order of the
Trustee on behalf of the Certificateholders and the Uncertificated VRR Interest Owners or in blank, and further showing a complete,
unbroken chain of endorsement from the originator (if such originator is not the applicable Mortgage Loan Seller) (or, alternatively,
if the original executed Note has been lost, a lost note affidavit and indemnity with a copy of such Note), and (B) if such Mortgage
Loan is part of a Serviced Loan Combination, the executed Note for each related Serviced Companion Loan;

 

(ii)         the Mortgage, together with any and all intervening assignments thereof, in each case (unless the particular item has not been
returned from the applicable recording office) with evidence of recording indicated thereon or

 

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certified
by the applicable recorder’s office (if in the possession of the applicable Mortgage Loan Seller);

 

(iii)        any related Assignment of Leases (if such item is a document separate from the Mortgage), together with any and all intervening
assignments thereof, in each case (unless the particular item has not been returned from the applicable recording office) with
evidence of recording indicated thereon or certified by the applicable recorder’s office (if in the possession of the applicable
Mortgage Loan Seller);

 

(iv)        final written modification agreements in those instances where the terms or provisions of the Note for such Mortgage Loan (or,
if applicable, any Note of a related Serviced Companion Loan) or the related Mortgage have been modified, in each case (unless
the particular item has not been returned from the applicable recording office) with evidence of recording indicated thereon if
the instrument being modified is a recordable document;

 

(v)         the policy or certificate of lender’s title insurance issued in connection with such Mortgage Loan (or the related Serviced
Loan Combination, if applicable) or, if such policy has not been issued or located, an irrevocable, binding commitment (which
may be a “marked-up” pro forma title policy marked as binding and executed by an authorized representative of the
title insurer or an agreement to provide the same pursuant to binding escrow instructions executed by an authorized representative
of the title insurer) to issue such title insurance policy;

 

(vi)        the Ground Lease relating to such Mortgage Loan (or the related Serviced Loan Combination, if applicable), if any, and any ground
lessor estoppel;

 

 (vii)      
the related Loan Agreement, if any;

 

(viii)      the guaranty under such Mortgage Loan or the related Serviced Loan Combination, if any;

 

(ix)         the lock box agreement or cash management agreement relating to such Mortgage Loan or the related Serviced Loan Combination, if
any;

 

 (x)        
the environmental indemnity from the related Mortgagor, if any;

 

(xi)        the related escrow agreement and the related security agreement (in each case, if such item is a document separate from the Mortgage)
and, if applicable, any intervening assignments thereof;

 

(xii)       in the case of a Mortgage Loan that is part of a Loan Combination, the related Co-Lender Agreement;

 

(xiii)      any filed copies (bearing evidence of filing) or evidence of filing of any UCC financing statements in favor of the originator
of such Mortgage Loan (or the related Serviced Loan Combination, if applicable) or in favor of any assignee

 

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prior
to the Trustee and UCC-3 assignment financing statements in favor of the Trustee (or, in each case, a copy thereof certified to
be the copy of such assignment submitted or to be submitted for filing), if in the possession of the applicable Mortgage Loan
Seller;

 

(xiv)      in the case of any Mortgage Loan or the related Serviced Loan Combination as to which there exists a related mezzanine loan, the
related intercreditor agreement;

 

 (xv)       any related environmental insurance policy;

 

(xvi)      any letter of credit relating to such Mortgage Loan or the related Serviced Loan Combination and any related assignment thereof;
and

 

(xvii)     any related franchise agreement, property management agreement or hotel management agreement and related comfort letters (together
with (i) copies of any notices of transfer that are necessary to transfer or assign to the Trust or the Trustee for the benefit
of the Certificateholders and the Uncertificated VRR Interest Owners the benefits of such comfort letter or (ii) if the related
comfort letter contemplates that a request be made of the related franchisor to issue a replacement comfort letter for the benefit
of the Trust or Trustee, a copy of the notice requesting the issuance of such replacement comfort letter) and/or estoppel letters
relating to such Mortgage Loan or the related Serviced Loan Combination and any related assignment thereof;

 

 (b)           a copy of any engineering reports or property condition reports;

 

(c)           other than with respect to a hotel property (except with respect to tenanted commercial space within a hotel property), copies
of a rent roll;

 

(d)           for any office, retail, industrial or warehouse property, a copy of all leases and estoppels and subordination and non-disturbance
agreements delivered to the related Mortgage Loan Seller;

 

(e)            a copy of all legal opinions (excluding attorney-client communications between the related Mortgage Loan Seller, and its counsel
that are privileged communications or constitute legal or other due diligence analyses), if any, delivered in connection with
the closing of the related Mortgage Loan;

 

(f)           
a copy of all Mortgagor’s certificates of hazard insurance and/or hazard insurance policies or other applicable
insurance policies (to the extent not previously included as part of this definition), if any, delivered in connection with
the closing of the related Mortgage Loan;

 

(g)           a copy of the appraisal for the related Mortgaged Property or Mortgaged Properties;

 

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(h)           for any Mortgage Loan that the related Mortgaged Property or Mortgaged Properties is leased to a single tenant, a copy of the
lease;

 

 (i)            a copy of the applicable Mortgage Loan Seller’s asset summary;

 

(j)            a copy of all surveys for the related Mortgaged Property or Mortgaged Properties;

 

 (k)            a copy of all zoning reports;

 

 (l)             a copy of financial statements of the related Mortgagor;

 

(m)           a copy of operating statements for the related Mortgaged Property or Mortgaged Properties;

 

 (n)           a copy of all UCC searches;

 

 (o)           a copy of all litigation searches;

 

 (p)            a copy of all bankruptcy searches;

 

 (q)           a copy of the origination settlement statement;

 

 (r)            a copy of any Insurance Summary Report;

 

(s)            a copy of the organizational documents of the related Mortgagor and any guarantor;

 

(t)            a copy of any escrow statements related to the escrow account balances as of the Mortgage Loan origination date, if not included
in the origination settlement statement;

 

(u)           the original or a copy of all related environmental reports that were received by the applicable Mortgage Loan Seller;

 

(v)           unless already included as part of the environmental reports, a copy of any closure letter (environmental); and

 

(w)          unless already included as part of the environmental reports, a copy of any environmental remediation agreement for the related
Mortgaged Property or Mortgaged Properties,

 

in
each case, to the extent that the related originator received such documents in connection with the origination of such Mortgage
Loan. In the event any of the items identified above were not received in connection with the origination of such Mortgage Loan
(other than documents that would not be included in connection with the origination of the Mortgage Loan because such document
is inapplicable to the origination of a Mortgage Loan of that structure or type, taking into account whether or not such Mortgage
Loan has any additional debt), the Diligence File shall include a statement to that effect. No information that is proprietary
to the related originator or

 

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Mortgage
Loan Seller or any draft documents, privileged or internal communications, credit underwriting or due diligence analysis shall
constitute part of the Diligence File. It is not required to include any of the same items identified above again if such items
have already been included under another clause of the definition of Diligence File, and the Diligence File shall include a statement
to that effect. The Mortgage Loan Seller may, without any obligation to do so, include such other documents as part of the Diligence
File that such Mortgage Loan Seller believes should be included to enable the Asset Representations Reviewer to perform the Asset
Review on such Mortgage Loan; provided that such documents are clearly labeled and identified.

 

“Diligence
File Certification”: As defined in Section 2.01(i) of this Agreement.

 

“Directing
Holder”: With respect to any Serviced Mortgage Loan or, if applicable, Serviced Loan Combination:

 

(a)            except (i) with respect to any Excluded Mortgage Loan, (ii) with respect to any Serviced Outside Controlled Loan Combination,
and (iii) during any period that a Control Termination Event has occurred and is continuing, the Controlling Class Representative;
and

 

(b)            with respect to any Serviced Outside Controlled Loan Combination (which may include a Servicing Shift Loan Combination or a Serviced
Loan Combination with a controlling Subordinate Companion Loan held outside the Trust), if and for so long as the applicable Companion
Loan Holder or its representative is entitled under the related Co-Lender Agreement to exercise consent rights similar to those
entitled to be exercised by the Controlling Class Representative (when it is the Directing Holder under the circumstances described
in clause (a) of this definition), the related Outside Controlling Note Holder;

 

provided,
that with respect to any Serviced Loan Combination, the rights of the Directing Holder will be subject to and may be limited by
the terms and provisions of any related Co-Lender Agreement.

 

For
the avoidance of doubt: (A) the Controlling Class Representative will not be the Directing Holder if and for so long as (1) a
Control Termination Event is in effect, (2) the related Mortgage Loan is an Excluded Mortgage Loan, and/or (3) the related Serviced
Loan Combination is a Serviced Outside Controlled Loan Combination; (B) there will be no Directing Holder with respect to an Excluded
Mortgage Loan; and (C) with respect to any Serviced Outside Controlled Loan Combination, the related Outside Controlling Note
Holder will be the Directing Holder only if and for so long as such note holder or note holder representative is entitled under
the related Co-Lender Agreement to exercise consent rights similar to those entitled to be exercised by the Controlling Class
Representative (when it is the Directing Holder under the circumstances described in clause (a) of the prior paragraph of this
definition).

 

Further
for the avoidance of doubt, with respect to any Mortgage Loan or Loan Combination, if none of the Controlling Class Representative
or an Outside Controlling Note Holder is a Directing Holder in accordance with the foregoing definition, then there will be no
Directing Holder for that Serviced Mortgage Loan or Serviced Loan Combination.

 

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“Directly
Operate”: With respect to any REO Property, the furnishing or rendering of services to the tenants thereof that are
not customarily provided to tenants in connection with the rental of space “for occupancy only” within the meaning
of Treasury Regulations Section 1.512(b)-1(c)(5), the management or operation of such REO Property, the holding of such REO Property
primarily for sale to customers in the ordinary course of a trade or business or any use of such REO Property in a trade or business
conducted by the Trust Fund, or the performance of any construction work on the REO Property, other than through an Independent
Contractor; provided, however, that the Special Servicer, on behalf of the Trust Fund, shall not be considered to
Directly Operate an REO Property solely because the Special Servicer, on behalf of the Trust Fund, establishes rental terms, chooses
tenants, enters into or renews leases, deals with taxes and insurance, or makes decisions as to repairs or capital expenditures
with respect to such REO Property or takes other actions consistent with Treasury Regulations Section 1.856-4(b)(5)(ii).

 

“Disclosable
Special Servicer Fees”: With respect to any Serviced Loan or related REO Property, any compensation and other remuneration
(including, without limitation, in the form of commissions, brokerage fees and rebates) received or retained by the Special Servicer
or any of its Affiliates that is paid by any Person (including, without limitation, the Trust, any Mortgagor, any Manager, any
guarantor or indemnitor in respect of a Serviced Loan and any purchaser of any Serviced Loan or REO Property (or an interest in
an REO Property related to a Serviced Loan Combination, if applicable) in connection with the disposition, workout or foreclosure
of any Serviced Loan, the management or disposition of any REO Property, and the performance by the Special Servicer or any such
Affiliate of any other special servicing duties under this Agreement, other than (1) any compensation which is payable to the
Special Servicer under this Agreement and that is set forth in a report that is part of the CREFC® Investor Reporting Package
(IRP) for the applicable period, and (2) any Permitted Special Servicer/Affiliate Fees. For the avoidance of doubt, any compensation
or other remuneration that an entity acting in the capacities of both the Master Servicer and Special Servicer is entitled to
in its capacity as Master Servicer pursuant to this Agreement will not constitute Disclosable Special Servicer Fees.

 

“Dispute
Resolution Consultation”: As defined in Section 2.03(g) of this Agreement. 

 

“Dispute
Resolution Cut-off Date”: As defined in Section 2.03(g) of this Agreement.

 

“Dispute
Resolution Requesting Holder”: Either a Requesting Certificateholder or a Consultation Requesting
Certificateholder, as applicable.

 

“Disqualified
Non-U.S. Tax Person”: With respect to a Class R Certificate, any Non-U.S. Tax Person or agent thereof other than (i)
a Non-U.S. Tax Person that holds the Class R Certificate in connection with the conduct of a trade or business within the United
States and has furnished the transferor and the Certificate Registrar with an effective IRS Form W-8ECI or (ii) a Non-U.S. Tax
Person that has delivered to both the transferor and the Certificate Registrar an opinion of a nationally recognized tax counsel
to the effect that the transfer of the Class R Certificate to it is in accordance with the requirements of the Code and the regulations
promulgated thereunder and that such transfer of the Class R Certificate will not be disregarded for federal income tax purposes.

 

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“Disqualified
Organization”: Any of (a) the United States, a State or any political subdivision thereof, any possession of the United
States, or any agency or instrumentality of any of the foregoing (other than an instrumentality that is a corporation if all of
its activities are subject to tax and, except for the Federal Home Loan Mortgage Corporation, a majority of its board of directors
is not selected by any such governmental unit), (b) a foreign government, International Organization or agency or instrumentality
of either of the foregoing, (c) an organization that is exempt from tax imposed by Chapter 1 of the Code (including the tax imposed
by Code Section 511 on unrelated business taxable income) on any excess inclusions (as defined in Code Section 860E(c)(1)) with
respect to the Class R Certificates (except certain farmers’ cooperatives described in Code Section 521), (d) rural electric
and telephone cooperatives described in Code Section 1381(a)(2) or (e) any other Person so designated by the Certificate Registrar
based upon an Opinion of Counsel to the effect that any Transfer to such Person may cause any Trust REMIC to be subject to tax
or to fail to qualify as a REMIC for federal income tax purposes at any time that the Certificates are outstanding. For purposes
of this definition, the terms “United States,” “State” and “International Organization” shall
have the meanings set forth in Code Section 7701 or successor provisions.

 

“Distribution
Account”: Collectively, the Lower-Tier REMIC Distribution Account and the Upper-Tier REMIC Distribution Account, each
of which may be subaccounts of a single Eligible Account.

 

“Distribution
Date”: The fourth Business Day following each Determination Date, commencing in June 2022. The first Distribution Date
shall be June 17, 2022.

 

“Distribution
Date Statement”: As defined in Section 4.02(a) of this Agreement.

 

“Document Defect”: As defined
in Section 2.03(a) of this Agreement.

 

“Dodd-Frank
Act”: The Dodd-Frank Wall Street Reform and Consumer Protection Act, as it may be amended from time to time.

 

“Due
Date”: With respect to any Mortgage Loan or Companion Loan, for any calendar month: (i) up to and including the calendar
month in which its Maturity Date occurs, the day of such month set forth in the related Note on which the Monthly Payment thereon
is scheduled to be first due (without regard to any grace period); (ii) after the calendar month in which its Maturity Date occurred,
the day of such month that would have been the Due Date in accordance with clause (i) of this definition without regard to the
occurrence of the Maturity Date; and (iii) if such Mortgage Loan or Companion Loan, as applicable, has become an REO Mortgage
Loan or REO Companion Loan, as applicable, the day of such month that would have been the Due Date in accordance with clause (i)
of this definition without regard to the occurrence of such event.

 

“Due
Diligence Service Provider”: As defined in Section 12.13(l) of this Agreement.

 

“Due
Period”: With respect to any Distribution Date and any Mortgage Loan (including any successor REO Mortgage
Loan with respect thereto) or Companion Loan (including any successor REO Companion Loan with respect thereto), the period
beginning on the day immediately following the Due Date in the month preceding the month in which such Distribution

 

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Date
occurs (or, in the case of the Distribution Date occurring in June 2022, if such Mortgage Loan or Companion Loan does not have
a Due Date in such preceding month, beginning on the day after the date that would have been the Due Date if such Mortgage Loan
or Companion Loan had a Due Date in such preceding month) and ending on and including the Due Date in the month in which such
Distribution Date occurs.

 

“Early
Termination Notice Date”: Any date as of which (a) the aggregate Stated Principal Balance of the Mortgage Loans (including
successor REO Mortgage Loans with respect thereto) remaining in the Trust Fund is less than (b) 1.0% of the sum of the aggregate
Stated Principal Balance of the Mortgage Pool as of the Cut-Off Date (excluding, for the purposes of the calculation in each of
clauses (a) and (b) in this definition, the aggregate unpaid principal balances of One Wilshire Mortgage Loan and the Novo Nordisk
HQ Mortgage Loan, but only if the right to purchase referred to Section 9.01(c) is exercised after the Distribution Date
in May 2032).

 

“EDGAR”:
The Commission’s Electronic Data Gathering and Retrieval System.

 

“EDGAR-Compatible
Format”: (a) With respect to the CREFC® Schedule AL File, the Schedule AL Additional File and any other
information required pursuant to Item 1111(h) of Regulation AB, XML Format or such other format as mutually agreed to between
the Depositor, Certificate Administrator and the Master Servicer and (b) with respect to any other document or information,
any format compatible with EDGAR, including HTML, Word, Excel or clean, searchable PDFs.

 

“Eligible
Account”: Any of: (i) a segregated account or accounts maintained with a federal or state chartered depository institution
or trust company (including the Trustee and the Certificate Administrator), (a) the long-term unsecured debt obligations (or short-term
unsecured debt obligations if the account holds funds for less than 30 days) or commercial paper of which are rated by Fitch in
its highest rating category at all times (or, in the case of the REO Account, Collection Account, Loan Combination Custodial Account,
Interest Reserve Account, Excess Liquidation Proceeds Reserve Account and Escrow Account, the long-term unsecured debt obligations
(or short-term unsecured debt obligations if the account holds funds for less than 30 days) of which are rated at least “AA-”
by Fitch (or “A” by Fitch so long as the short-term deposit or short-term unsecured debt obligations of such depository
institution or trust company are rated no less than “F1” by Fitch) or, if applicable, the short-term rating equivalent
thereof, which is at least “F1” by Fitch), (b) the obligations of which satisfy the Applicable Moody’s Permitted
Investment Rating and (c) the long-term unsecured debt obligations of which are rated at least “BBB(high)” by DBRS
Morningstar (or, if not rated by DBRS Morningstar, then at least an equivalent rating by two other NRSROs); (ii) an account or
accounts maintained with KeyBank National Association so long as (a) the long-term unsecured debt rating or deposit account rating
of KeyBank National Association shall be at least “A-” by Fitch, “A2” by Moody’s and “BBB(high)”
by DBRS Morningstar (or, if not rated by DBRS Morningstar, then at least an equivalent rating by two other NRSROs) (if the deposits
are to be held in the account for more than 30 days) or (b) the short-term deposit account or short-term unsecured debt rating
of KeyBank National Association shall be at least “F1” by Fitch, “P-1” by Moody’s and “R-1
(low)” by DBRS Morningstar (or, if not rated by DBRS Morningstar, then at least an equivalent rating by two other NRSROs)
(if the deposits are to be held in the account for 30 days or less); (iii) a segregated trust account or accounts maintained with
the corporate trust department of a federal or state chartered

 

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depository
institution or trust company that, in either case, has corporate trust powers, acting in its fiduciary capacity, which institution
or trust company has a combined capital and surplus of at least $50,000,000, is (in the case of a state chartered depository institution
or trust company) subject to regulations substantially similar to 12 C.F.R. §9.10(b), and is subject to supervision or examination
by federal and state authority, and the long term unsecured debt obligations of which are rated at least “A2” by Moody’s
and “BBB(high)” by DBRS Morningstar (or, if not rated by DBRS Morningstar, then at least an equivalent rating by two
other NRSROs); (iv) such other account or accounts that, but for the failure to satisfy one or more of the minimum rating(s) set
forth in the applicable clause, would be listed in clauses (i) through (iii) above, with respect to which a Rating Agency Confirmation
or Companion Loan Rating Agency Confirmation, as applicable, has been obtained from each Rating Agency and Companion Loan Rating
Agency for which the minimum ratings set forth in the applicable clause is not satisfied with respect to such account; or (v)
such other account or accounts not listed in clauses (i) through (iii) above with respect to which a Rating Agency Confirmation
or Companion Loan Rating Agency Confirmation, as applicable, has been obtained from each Rating Agency and Companion Loan Rating
Agency. Eligible Accounts may bear interest. No Eligible Account shall be evidenced by a certificate of deposit, passbook or other
similar instrument.

 

“Eligible
Asset Representations Reviewer”: An entity that (a) is the special servicer, operating advisor or asset representations
reviewer on a transaction rated by any of Moody’s, Fitch, KBRA, S&P or DBRS Morningstar and that has not been a special
servicer, operating advisor or asset representations reviewer on a transaction for which any of Moody’s, Fitch, KBRA, S&P
or DBRS Morningstar has qualified, downgraded or withdrawn its rating or ratings of one or more classes of certificates for such
transaction citing servicing or other relevant concerns with such special servicer, operating advisor or asset representations
reviewer, as applicable, as the sole or material factor in such rating action, (b) can and will make the representations and warranties
set forth in Section 2.10, (c) is not (and is not affiliated with) a Sponsor, a Mortgage Loan Seller, an originator, the
Master Servicer, the Special Servicer, the Depositor, the Certificate Administrator, the Trustee, a Directing Holder, any Risk
Retention Consultation Party or any of their respective Affiliates, (d) has not performed (and is not affiliated with any party
hired to perform) any due diligence, loan underwriting, brokerage, borrower advisory or similar services with respect to any Mortgage
Loan or any related Companion Loan prior to the Closing Date for or on behalf of any Sponsor, any Mortgage Loan Seller, any Underwriter,
any Initial Purchaser, a Directing Holder, any Risk Retention Consultation Party or any of their respective Affiliates, or have
been paid any fees, compensation or other remuneration by any of them in connection with any such services, and (e) does not directly
or indirectly, through one or more Affiliates or otherwise, own any interest in any Certificates, the Uncertificated VRR Interest,
any Mortgage Loans, any Companion Loan or any securities backed by a Companion Loan or otherwise have any financial interest in
the securitization transaction to which this Agreement relates, other than in fees from its role as Asset Representations Reviewer
(or as Operating Advisor, if applicable).

 

“Eligible
Operating Advisor”: An entity (i) that is the special servicer or operating advisor on a transaction rated by any of
Moody’s, Fitch, KBRA, S&P and/or DBRS Morningstar but has not been the special servicer or operating advisor on a transaction
for which Moody’s, Fitch, KBRA, S&P and/or DBRS Morningstar has qualified, downgraded or withdrawn its rating or ratings
of, one or more classes of certificates for such transaction citing servicing concerns with

 

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the
special servicer or operating advisor, as applicable, as the sole or material factor in such rating action, (ii) that (x) has
been regularly engaged in the business of analyzing and advising clients in commercial mortgage-backed securities matters and
has at least five years of experience in collateral analysis and loss projections, and (y) has at least five years of experience
in commercial real estate asset management and experience in the workout and management of distressed commercial real estate assets,
(iii) that can and will make the representations and warranties set forth in Section 2.09(a) of this Agreement, (iv) that
is not (and is not affiliated with) the Depositor, the Trustee, the Certificate Administrator, the Master Servicer, the Special
Servicer, any Mortgage Loan Seller, any Directing Holder, any Consulting Party or a depositor, a trustee, a certificate administrator,
a master servicer or a special servicer with respect to the securitization of a Companion Loan, or any of their respective Affiliates,
(v) that has not been paid any fees, compensation or other remuneration by any entity acting as Special Servicer or successor
Special Servicer (x) in respect of its obligations under this Agreement or (y) for the recommendation of the replacement of the
Special Servicer or the appointment of a successor special servicer to become the Special Servicer and (vi) that does not directly
or indirectly, through one or more Affiliates or otherwise, own any interest in any Certificates, the Uncertificated VRR Interest,
any Mortgage Loans, any Companion Loan or any securities backed by a Companion Loan or otherwise have any financial interest in
the securitization transaction to which this Agreement relates, other than in fees from its role as Operating Advisor or any fees
to which it is entitled as Asset Representations Reviewer, if the Person acting as Operating Advisor is also acting as Asset Representations
Reviewer.

 

“Emergency
Advance”: Any Property Advance that, pursuant hereto, the Special Servicer is required to either (a) make (in its sole
discretion in accordance with the Servicing Standard) or (b) to request the Master Servicer to make, that must be made in an emergency
situation or on an urgent basis within two (2) Business Days of the Special Servicer becoming aware that it must be made in order
to avoid any material penalty, any material harm to a Mortgaged Property securing a Serviced Loan or any other material adverse
consequence to the Trust Fund or any related Companion Loan Holder.

 

“Enforcing
Party”: In connection with any Repurchase Request, (i) in the event one or more Dispute Resolution Requesting Holders
has delivered a Final Dispute Resolution Election Notice with respect thereto pursuant to Section 2.03(g) of this Agreement,
with respect to the mediation or arbitration that arises out of such Final Dispute Resolution Election Notice, such Dispute Resolution
Requesting Holder(s), or (ii) in all other cases, the Enforcing Servicer.

 

“Enforcing
Servicer”: The Special Servicer.

 

“Environmental
Report”: The environmental audit report or reports with respect to each Mortgaged Property delivered to the related
Mortgage Loan Seller in connection with the origination or acquisition of the related Mortgage Loan.

 

“ERISA”:
The Employee Retirement Income Security Act of 1974, as it may be amended from time to time.

 

“ERISA
Restricted Certificate”: Any Class X-G, Class X-H, Class X-J, Class F, Class G, Class H or Class J Certificate or, if
transferred through Citigroup Global Markets Inc.,

 

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Goldman
Sachs & Co. LLC, J.P. Morgan Securities LLC or Deutsche Bank Securities Inc., any Class VRR Certificate; provided
that any such Certificate: (a) will cease to be considered an ERISA Restricted Certificate and (b) will cease to be subject
to the transfer restrictions with respect to ERISA Restricted Certificates contained in Section 5.03(n) of this
Agreement if, as of the date of a proposed transfer of such Certificate, it is rated in one of the four highest generic
ratings categories by a credit rating agency that meets the requirements of the Underwriter Exemption or (ii) relevant
provisions of ERISA would permit the transfer of such Certificate to a Plan.

 

“Escrow Account”: As defined
in Section 3.04(b) of this Agreement.

 

“Escrow
Payment”: Any payment made by any Mortgagor to the Master Servicer pursuant to the related Mortgage, Lock-Box Agreement
or Loan Agreement for the account of such Mortgagor for application toward the payment of taxes, insurance premiums, assessments,
ground rents, mandated improvements and similar items in respect of the related Mortgaged Property.

 

“Euroclear”:
Euroclear Bank, as operator of the Euroclear System, and its successors in interest.

 

“Excess
Interest”: With respect to each ARD Mortgage Loan, additional interest accrued on such ARD Mortgage Loan after the Anticipated
Repayment Date allocable to the difference between the Revised Rate and the Mortgage Rate, plus any compound interest thereon
(to the extent permitted by applicable law and the related Loan Documents). The Excess Interest on any ARD Mortgage Loan shall
not be an asset of any Trust REMIC, but rather shall be an asset of the Grantor Trust.

 

“Excess
Interest Certificates”: Any class of commercial mortgage pass-through certificates issued under this Agreement that
are designated as evidencing an interest in the Excess Interest. The Class S Certificates and the Class VRR Certificates shall
be the only Classes of Excess Interest Certificates issued under this Agreement.

 

“Excess
Interest Distribution Account”: The trust account or subaccount created and maintained by the Certificate Administrator
pursuant to Section 3.05(e) of this Agreement in trust for the Holders of the Excess Interest Certificates and the Uncertificated
VRR Interest Owners, which (subject to changes in the identities of the Certificate Administrator and/or the Trustee) shall be
entitled “Computershare Trust Company, National Association, as Certificate Administrator, on behalf of Wilmington Trust,
National Association, as Trustee, for the benefit of the registered Holders of Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage
Pass-Through Certificates, Series 2022-B35 and Class VRR and Class S, and the Uncertificated VRR Interest Owners, Excess Interest
Distribution Account.” Any such account shall be an Eligible Account. The Excess Interest Distribution Account shall be
held solely for the benefit of the Holders of the Excess Interest Certificates and the Uncertificated VRR Interest Owners. The
Excess Interest Distribution Account shall not be an asset of any Trust REMIC, but rather shall be an asset of the Grantor Trust.

 

“Excess
Liquidation Proceeds”: With respect to any Mortgage Loan, the excess of (i) Liquidation Proceeds of that
Mortgage Loan or related REO Property (net of any related

 

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Liquidation
Expenses and any amounts payable to a related Serviced Companion Loan Holder pursuant to the related Co-Lender Agreement), over
(ii) the amount that would have been received if a Principal Payment in full had been made, and all other outstanding amounts
had been paid, with respect to such Mortgage Loan on the Due Date immediately following the date on which such proceeds were received.
With respect to any Outside Serviced Mortgage Loan, Excess Liquidation Proceeds shall mean such Outside Serviced Mortgage Loan’s
pro rata share of any “Excess Liquidation Proceeds” determined in accordance with the applicable Outside Servicing
Agreement and the related Co-Lender Agreement that are received by the Trust.

 

“Excess
Liquidation Proceeds Reserve Account”: The trust account or subaccount created and maintained by the Certificate Administrator
pursuant to Section 3.05(c) of this Agreement in trust for the Certificateholders and the Uncertificated VRR Interest Owners,
which (subject to any changes in the identities of the Trustee and/or the Certificate Administrator) shall be entitled “Computershare
Trust Company, National Association, as Certificate Administrator, on behalf of Wilmington Trust, National Association, as Trustee,
for the benefit of the registered Holders of Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates,
Series 2022-B35, and the Uncertificated VRR Interest Owners, Excess Liquidation Proceeds Reserve Account.” Any such account
shall be an Eligible Account.

 

“Excess
Modification Fees”: With respect to any Serviced Mortgage Loan (or Serviced Loan Combination, if applicable), the sum
of (A) the excess of (i) any and all Modification Fees with respect to any modification, waiver, extension or amendment of any
of the terms of a Serviced Mortgage Loan (or Serviced Loan Combination, if applicable), over (ii) all unpaid or unreimbursed
Advances and Additional Trust Fund Expenses (including, without limitation, interest on unreimbursed Advances to the extent not
otherwise paid or reimbursed by the related Mortgagor (including indirect reimbursement from Penalty Charges or otherwise), but
excluding (1) Special Servicing Fees, Workout Fees and Liquidation Fees, and (2) Borrower Delayed Reimbursements) outstanding
or previously incurred hereunder with respect to the related Serviced Mortgage Loan (or Serviced Loan Combination, if applicable)
and reimbursed from such Modification Fees (which such Advances and Additional Trust Fund Expenses shall be reimbursed from such
Modification Fees), and (B) Advances and Additional Trust Fund Expenses previously paid or reimbursed from Modification Fees as
described in the preceding clause (A), which Advances and Additional Trust Fund Expenses have been recovered from the related
Mortgagor as Penalty Charges, specific reimbursements or otherwise. All Excess Modification Fees earned by the Special Servicer
shall offset any future Workout Fees or Liquidation Fees payable with respect to the related Serviced Mortgage Loan (or Serviced
Loan Combination, if applicable) or REO Property; provided that if the Serviced Mortgage Loan (or Serviced Loan Combination,
if applicable) ceases being a Corrected Loan, and is subject to a subsequent modification, any Excess Modification Fees earned
by the Special Servicer prior to such Serviced Mortgage Loan (or Serviced Loan Combination, if applicable) ceasing to be a Corrected
Loan shall no longer be offset against future Liquidation Fees and Workout Fees unless such Serviced Mortgage Loan (or Serviced
Loan Combination, if applicable) ceased to be a Corrected Loan within 18 months of it becoming a modified Serviced Mortgage Loan
(or modified Serviced Loan Combination, if applicable). If such Mortgage Loan (or Serviced Loan Combination) ceases to be a Corrected
Loan, the Special Servicer shall be entitled to a Liquidation Fee or Workout Fee (to the extent not previously offset) with respect
to the new modification, waiver, extension or amendment or future liquidation of the Specially Serviced Loan or related REO Property
(including in connection with

 

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a
repurchase, sale, refinance, discounted or full payoff or other liquidation); provided that any Excess Modification Fees
earned and paid to the Special Servicer in connection with such subsequent modification, waiver, extension or amendment (or, as
contemplated by the preceding proviso, a prior modification, waiver, extension or amendment) shall be applied to offset such Liquidation
Fee or Workout Fee to the extent described above. Within any prior 12-month period, all Excess Modification Fees earned by the
Master Servicer or the Special Servicer (after taking into account any offset described above applied during such 12-month period)
with respect to any Serviced Mortgage Loan (or Serviced Loan Combination, if applicable) shall be subject to a cap equal to the
greater of (i) 1% of the outstanding principal balance of such Serviced Mortgage Loan (or Serviced Loan Combination, if applicable)
after giving effect to such transaction, and (ii) $25,000.

 

“Excess
Penalty Charges”: With respect to any Serviced Loan and any Collection Period, the sum of (A) the excess of (i) any
and all Penalty Charges collected in respect of such Serviced Loan during such Collection Period, over (ii) all unpaid or unreimbursed
Advances and Additional Trust Fund Expenses (including, without limitation, Advances and interest on Advances to the extent not
otherwise paid or reimbursed by the related Mortgagor, Special Servicing Fees, Workout Fees and Liquidation Fees) outstanding
or previously incurred on behalf of the Trust (and, if applicable, the related Serviced Companion Loan Holder(s)) with respect
to such Serviced Loan and reimbursed from such Penalty Charges (which such Advances and Additional Trust Fund Expenses shall be
reimbursed from such Penalty Charges) in accordance with Section 3.14 of this Agreement and (B) Advances and expenses previously
paid or reimbursed from Penalty Charges as described in the immediately preceding clause (A), which Advances and expenses have
been recovered from the related Mortgagor or otherwise.

 

“Excess
Prepayment Interest Shortfall”: With respect to any Distribution Date, the aggregate of any Prepayment Interest Shortfalls
resulting from any principal prepayments made on the Mortgage Loans to be included in the Aggregate Available Funds for such Distribution
Date that are not covered by the portion of the Master Servicer’s Compensating Interest Payment for the related Distribution
Date allocable to the Mortgage Loans or, in the case of an Outside Serviced Mortgage Loan, the portion of any compensating interest
payments allocable to such Outside Serviced Mortgage Loan to the extent received from the related Outside Servicer.

 

“Excess
Servicing Fees”: With respect to each Mortgage Loan (including any successor REO Mortgage Loan with respect thereto),
that portion of the Servicing Fee that accrues at a per annum rate equal to the Excess Servicing Fee Rate.

 

“Excess
Servicing Fee Rate”: With respect to each Mortgage Loan (including any successor REO Mortgage Loan with respect thereto),
a rate per annum equal to the Servicing Fee Rate minus (i) the applicable fee rate, if any, set forth under the column labeled
“Subservicing Fee Rate (%)” on the Mortgage Loan Schedule, minus (ii) the applicable fee rate, if any, set forth under
the column labeled “Outside Servicing Fee Rate (%)” on the Mortgage Loan Schedule, minus (iii) 0.00125%; provided
that such rate shall be subject to reduction at any time following any resignation of the Master Servicer pursuant to Section
6.04 of this Agreement (if no successor is appointed in accordance with Section 6.04 of this Agreement) or any termination
of the Master Servicer pursuant to Section 7.01 of this Agreement, to the extent reasonably necessary (in the sole

 

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discretion
of the Trustee) for the Trustee to appoint a qualified successor Master Servicer (which successor may include the Trustee) that
meets the requirements of Section 7.02 of this Agreement.

 

“Excess
Servicing Fee Right”: With respect to each Mortgage Loan (including any successor REO Mortgage Loan with respect thereto),
the right to receive Excess Servicing Fees. In the absence of any transfer of the Excess Servicing Fee Right, the Master Servicer
shall be the owner of such Excess Servicing Fee Right.

 

“Exchange
Act”: The Securities Exchange Act of 1934, as amended and the rules and regulations thereunder.

 

“Excluded
Controlling Class Holder”: With respect to any Excluded Controlling Class Mortgage Loan, the Controlling Class Representative
or any Controlling Class Certificateholder, as applicable, that is a Borrower Party with respect to such Excluded Controlling
Class Mortgage Loan. Promptly upon obtaining actual knowledge of any such party becoming an “Excluded Controlling Class
Holder”, the Controlling Class Representative or Controlling Class Certificateholder, as the case may be, shall provide
notice in the form of Exhibit M-1F hereto to the Master Servicer, the Special Servicer, the Operating Advisor, the Asset
Representations Reviewer, the Trustee and the Certificate Administrator, which such notice shall be delivered in accordance with
Section 12.04 of this Agreement and shall specifically identify the Excluded Controlling Class Holder and the subject Excluded
Controlling Class Mortgage Loan. Additionally, any Excluded Controlling Class Holder shall also send to the Certificate Administrator
a notice substantially in the form of Exhibit M-1G hereto, which notice shall provide the CTSLink User ID associated with
such Excluded Controlling Class Holder, and which notice shall direct the Certificate Administrator to restrict such Excluded
Controlling Class Holder’s access to the Certificate Administrator’s Website as and to the extent provided in this
Agreement.

 

“Excluded
Controlling Class Mortgage Loan”: Any Mortgage Loan or Loan Combination with respect to which, as of any date of determination,
the Controlling Class Representative or any Controlling Class Certificateholder, as applicable, is a Borrower Party. For the avoidance
of doubt, if a Mortgage Loan or a Loan Combination is not an Excluded Controlling Class Mortgage Loan, such Mortgage Loan or Loan
Combination also is not an Excluded Mortgage Loan.

 

“Excluded
Information”: With respect to any Excluded Controlling Class Mortgage Loan, any information and reports solely relating
to such Excluded Controlling Class Mortgage Loan and/or the related Mortgaged Property or portfolio of Mortgaged Properties, including,
without limitation, any Asset Status Reports, Final Asset Status Reports (or summaries thereof), any Appraisals, inspection reports
(related to Specially Serviced Loans conducted by the Special Servicer or the Excluded Mortgage Loan Special Servicer, as applicable),
any Officer’s Certificates delivered by the Master Servicer, the Special Servicer or the Trustee pursuant to Section
3.20(c) or Section 4.06(b) supporting a non-recoverability determination, the Operating Advisor Annual Reports, any
determination of the Special Servicer’s net present value calculation, any Appraisal Reduction Amount calculations, environmental
assessments, seismic reports and property condition reports and such other information and reports designated as Excluded Information
(other than such information with respect to such Excluded Controlling Class Mortgage Loan that is aggregated with information
of other Mortgage Loans at a pool level) by

 

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the
Master Servicer, the Special Servicer or the Operating Advisor, as the case may be. For the avoidance of doubt, any file or report
contained in the CREFC® Investor Reporting Package (CREFC® IRP) (other than the CREFC® Special Servicer
Loan File and CREFC® Special Servicer Property File relating to any Excluded Controlling Class Mortgage Loan) and
any Schedule AL Additional File shall not be considered “Excluded Information.” Each of the Master Servicer, the Special
Servicer or the Operating Advisor shall deliver any Excluded Information for posting to the Certificate Administrator’s
Website to the Certificate Administrator in accordance with Section 3.32 hereof. For the avoidance of doubt, the Certificate
Administrator’s obligation to segregate any information delivered to it under the “Excluded Information” tab
on the Certificate Administrator’s Website shall be triggered solely by such information being delivered in the manner provided
in Section 3.32 hereof.

 

“Excluded
Mortgage Loan”: A Mortgage Loan or Loan Combination with respect to which, as of any date of determination, the Controlling
Class Representative or a Controlling Class Certificateholder (or Controlling Class Certificateholders in the aggregate) of more
than 50% of the Controlling Class (by Certificate Balance) is (or are) a Borrower Party (or are Borrower Parties, as applicable).
For the avoidance of doubt, any Excluded Mortgage Loan is also an Excluded Controlling Class Mortgage Loan.

 

“Excluded
Mortgage Loan Special Servicer”: With respect to any Excluded Special Servicer Mortgage Loan, a Special Servicer that
is not a Borrower Party and satisfies all of the eligibility requirements applicable to the Special Servicer set forth in this
Agreement.

 

“Excluded
RRCP Mortgage Loan”: With respect to any Risk Retention Consultation Party as of any date of determination, a Mortgage
Loan or Loan Combination with respect to which such Risk Retention Consultation Party or the Person(s) entitled to appoint such
Risk Retention Consultation Party is a Borrower Party.

 

“Excluded
Special Servicer Information”: With respect to any Excluded Special Servicer Mortgage Loan, any information and reports
solely relating to such Excluded Special Servicer Mortgage Loan and/or the related Mortgaged Property or portfolio of Mortgaged
Properties, including, without limitation, any Asset Status Reports, Final Asset Status Reports (or summaries thereof), any Appraisals,
inspection reports, any Officer’s Certificates delivered by the Master Servicer, the related Excluded Mortgage Loan Special
Servicer or the Trustee pursuant to Section 3.20(c) or Section 4.06(b) supporting a non-recoverability determination,
the Operating Advisor Annual Reports (provided that the Special Servicer or the Excluded Mortgage Loan Special Servicer, as applicable,
shall be entitled to access and view any Operating Advisor Annual Report relating to itself, even if such report also includes
information about any Excluded Special Servicer Mortgage Loan), any determination of the related Excluded Mortgage Loan Special
Servicer’s net present value calculation, any Appraisal Reduction Amount calculations, environmental assessments, seismic
reports and property condition reports and such other information and reports designated as Excluded Special Servicer Information
(other than such information with respect to such Excluded Special Servicer Mortgage Loan that is aggregated with information
of other Mortgage Loans at a pool level) by the Master Servicer, the related Excluded Mortgage Loan Special Servicer or the Operating
Advisor, as the case may be. For the avoidance of doubt, any file or report contained in the CREFC® Investor Reporting
Package (CREFC® IRP) (other than the CREFC® Special Servicer Loan File and CREFC®
Special Servicer Property File

 

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relating
to any Excluded Special Servicer Mortgage Loan, which shall be Excluded Special Servicer Information) shall not be considered
“Excluded Special Servicer Information.”

 

“Excluded
Special Servicer Mortgage Loan”: As of any date of determination, any Mortgage Loan or Loan Combination with respect
to which the related Special Servicer, to its knowledge, is a Borrower Party.

 

“FDIC”:
The Federal Deposit Insurance Corporation, and its successors in interest.

 

“Final Asset Status Report”:
With respect to any Specially Serviced Loan, each related Asset Status Report, together with such other data or
supporting information provided by the Special Servicer to any applicable Directing Holder or Consulting Party or, if
different, the Operating Advisor or any related Serviced Companion Loan Holder (or its Companion Loan Holder Representative),
in each case, which does not include any communications (other than the related Asset Status Report) between the Special
Servicer, on the one hand, and any applicable Directing Holder or Consulting Party, on the other hand, with respect to such
Specially Serviced Loan; provided that no Asset Status Report shall be considered to be a Final Asset Status Report
unless any applicable Directing Holder has either finally approved of and consented to the actions proposed to be taken in
connection therewith, or has exhausted all of its rights of approval and consent pursuant to this Agreement, or has been
deemed to have approved or consented to such action, or unless the Asset Status Report is otherwise being implemented by the
Special Servicer in accordance with this Agreement.

 

“Final
Dispute Resolution Election Notice”: As defined in Section 2.03(g) of this Agreement.

 

“Final
Recovery Determination”: With respect to any defaulted Mortgage Loan or Serviced Loan Combination that is a
Specially Serviced Loan (or, in the case of an Outside Serviced Mortgage Loan, the equivalent under the applicable Outside
Servicing Agreement) or REO Mortgage Loan, as the case may be, a determination that there has been a recovery of all
Insurance Proceeds, Condemnation Proceeds, Liquidation Proceeds, REO Proceeds and other payments or recoveries that the
Special Servicer, or the related Outside Special Servicer with respect to an Outside Serviced Mortgage Loan (if it is a
“Specially Serviced Loan” (or an analogous concept) under the applicable Outside Servicing Agreement) or any
related REO Property, has determined in accordance with the Servicing Standard will ultimately be recoverable; provided
that with respect to each Outside Serviced Mortgage Loan, the Final Recovery Determination shall be made by the related
Outside Special Servicer in accordance with the applicable Outside Servicing Agreement.

 

“Fitch”:
Fitch Ratings, Inc. or its successors in interest. If neither Fitch nor any successor remains in existence, “Fitch”
shall be deemed to refer to such other nationally recognized statistical rating agency or other comparable Person reasonably designated
by the Depositor, notice of which designation shall be given to the Trustee, the Certificate Administrator, the Master Servicer
and the Special Servicer and specific ratings of Fitch herein referenced shall be deemed to refer to the equivalent ratings (as
reasonably determined by the Depositor) of the party so designated.

 

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“Form
8-K Disclosure Information”:As defined in Section 10.07 of this Agreement.

 

“GACC”:
German American Capital Corporation, a Maryland corporation, and its successors in interest.

 

“GACC
Mortgage Loan Purchase Agreement”: The mortgage loan purchase agreement, dated as of May 1, 2022, by and between GACC
and the Depositor.

 

“GACC
Mortgage Loans”: The Mortgage Loans (or portions thereof) transferred by GACC to the Depositor and/or the Trust pursuant
to the GACC Mortgage Loan Purchase Agreement and this Agreement.

 

“General
Special Servicer”: As defined in Section 6.08(i) of this Agreement.

 

“Global
Certificates”: Any Certificate registered in the name of the Depository or its nominee.

 

“Grace
Period”: The number of days before a payment default is an event of default under the related Mortgage Loan
or Companion Loan.

 

“Grantor
Trust”: A segregated asset pool within the Trust Fund, which at all times shall be treated as a “grantor trust”
under the Grantor Trust Provisions, consisting of the VRR Specific Grantor Trust Assets, the Class S Specific Grantor Trust Assets
and the Excess Interest Distribution Account, beneficial ownership of which is represented by the Grantor Trust Certificates and
the Uncertificated VRR Interest.

 

“Grantor
Trust Certificates”: Any class of commercial mortgage pass-through certificates issued under this Agreement that is
designated as evidencing an interest in the Grantor Trust. The Class S Certificates and the Class VRR Certificates shall be the
only Classes of Grantor Trust Certificates issued under this Agreement.

 

“Grantor
Trust Provisions”: Subpart E of part I of subchapter J of the Code and Treasury Regulations Section 301.7701-4(c).

 

“Ground
Lease”: The ground lease pursuant to which any Mortgagor holds a leasehold interest in the related Mortgaged Property.

 

“GS
Bank”: Goldman Sachs Bank USA, and its successors in interest.

 

“GSMC”:
Goldman Sachs Mortgage Company, a New York limited partnership, and its successors in interest.

 

“GSMC
Mortgage Loan Purchase Agreement”: The mortgage loan purchase agreement, dated as of May 1, 2022, by and between GSMC
and the Depositor.

 

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“GSMC
Mortgage Loans”: The Mortgage Loans (or portions thereof) transferred by GSMC to the Depositor and/or the Trust pursuant
to the GSMC Mortgage Loan Purchase Agreement and this Agreement.

 

“Hazardous
Materials”: Any dangerous, toxic or hazardous pollutants, chemicals, wastes, or substances, including, without limitation,
those so identified pursuant to the Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. Section 9601
et seq., or any other environmental laws now or hereafter existing, and specifically including, without limitation, asbestos
and asbestos-containing materials, polychlorinated biphenyls, radon gas, petroleum and petroleum products, urea formaldehyde and
any substances classified as being “in inventory,” “usable work in process” or similar classification
which would, if classified as unusable, be included in the foregoing definition.

 

“Holder”:
With respect to any Certificate, a Certificateholder, and with respect to any Lower-Tier Regular Interest, the Trustee for the
benefit of the Certificateholders.

 

“ILPT
2022-LPFX TSA”: The Trust and Servicing Agreement, dated as of March 6, 2022, among Citigroup Commercial Mortgage Securities
Inc., as depositor, Berkadia Commercial Mortgage LLC, as servicer, Situs Holdings, LLC, as special servicer, Computershare Trust
Company, National Association, as certificate administrator, Wilmington Trust, National Association, as trustee, and Park Bridge
Lender Services LLC, as operating advisor, as the same may be amended from time to time in accordance with the terms thereof,
pursuant to which the ILPT Commercial Mortgage Trust 2022-LPFX, Series 2022-LPFX were issued.

 

“Indemnified
Party”: As defined in Section 8.05(c) or Section 12.13(d), as applicable, of this Agreement, as the context
requires.

 

“Indemnifying
Party”: As defined in Section 8.05(c), Section 10.12 or Section 12.13(d), as applicable, of this
Agreement, as the context requires.

 

“Independent”:
When used with respect to any specified Person, any such Person who (i) does not have any direct financial interest, or any material
indirect financial interest, in any of a Mortgage Loan Seller, the Depositor, the Trustee, the Operating Advisor, the Asset Representations
Reviewer, the Certificate Administrator, the Master Servicer, the Special Servicer, the Controlling Class Representative, any
Risk Retention Consultation Party, any Mortgagor, any Companion Loan Holder (or, if applicable, its Companion Loan Holder Representative)
or any Affiliate thereof, and (ii) is not connected with any such Person as an officer, employee, promoter, underwriter, trustee,
partner, director or Person performing similar functions; provided, however, that a Person shall not fail to be
Independent of the Mortgage Loan Sellers, the Depositor, the Trustee, the Master Servicer, the Special Servicer, the Controlling
Class Representative, the Operating Advisor, the Asset Representations Reviewer, the Certificate Administrator, any Mortgagor,
any Companion Loan Holder (or, if applicable, its Companion Loan Holder Representative) or any Affiliate thereof merely because
such Person is (A) compensated for services by, or (B) the beneficial owner of 1% or less of any class of securities issued by,
the Depositor, the Mortgage Loan Sellers, the Trustee, the Master Servicer, the Special Servicer, the Controlling Class Representative,
the Operating Advisor, the Asset Representations Reviewer, the Certificate Administrator, any Mortgagor, any Companion Loan Holder
(or, if applicable, its

 

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Companion
Loan Holder Representative) or any Affiliate thereof, as the case may be, provided that such ownership constitutes less
than 1% of the total assets owned by such Person.

 

“Independent
Contractor”: Either (i) any Person that would be an “independent contractor” with respect to the applicable
Trust REMIC within the meaning of Code Section 856(d)(3) if such Trust REMIC were a real estate investment trust (except that
the ownership tests set forth in that section shall be considered to be met by any Person that owns, directly or indirectly, 35%
or more of any Class or 35% or more of the aggregate value of all Classes of Certificates), provided that such Trust REMIC
does not receive or derive any income from such Person and the relationship between such Person and the Trust REMIC is at arm’s
length, all within the meaning of Treasury Regulations Section 1.856-4(b)(5) (except neither the Master Servicer nor the Special
Servicer shall be considered to be an Independent Contractor under the definition in this clause (i) unless an Opinion of Counsel
(at the expense of the party seeking to be deemed an Independent Contractor) addressed to the Master Servicer, the Trustee and
the Certificate Administrator has been delivered to the Trustee and the Certificate Administrator to that effect) or (ii) any
other Person (including the Master Servicer and the Special Servicer) if the Master Servicer, on behalf of itself, the Trustee
and the Certificate Administrator has received an Opinion of Counsel (at the expense of the party seeking to be deemed an Independent
Contractor) to the effect that the taking of any action in respect of any REO Property by such Person, subject to any conditions
therein specified, that is otherwise herein contemplated to be taken by an Independent Contractor will not cause such REO Property
to cease to qualify as “foreclosure property” within the meaning of Code Section 860G(a)(8) (determined without regard
to the exception applicable for purposes of Code Section 860D(a)) or cause any income realized in respect of such REO Property
to fail to qualify as Rents from Real Property (provided that such income would otherwise so qualify).

 

“Initial
Purchasers”: Citigroup Global Markets Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC,
Goldman Sachs & Co. LLC, Bancroft Capital, LLC and Drexel Hamilton, LLC.

 

“Initial
Requesting Certificateholder”: The first Certificateholder or Certificate Owner (other than a Holder or Certificate
Owner of the Class VRR Certificates) to deliver a Certificateholder Repurchase Request as described in Section 2.03(f)
with respect to a Mortgage Loan. For the avoidance of doubt, there may not be more than one Initial Requesting Certificateholder
with respect to any Mortgage Loan, and a Holder of a Class VRR Certificate may not be an Initial Requesting Certificateholder.

 

“Initial
Schedule AL Additional File”: The data file containing additional information or schedules regarding data points in
the Initial Schedule AL File and filed as Exhibit 103 to the Form ABS-EE or, if applicable, Form ABS-EE/A incorporated by reference
in the Prospectus.

 

“Initial
Schedule AL File”: The data file prepared by, or on behalf of, the Depositor and filed as Exhibit 102 to the Form ABS-EE
or, if applicable, Form ABS-EE/A incorporated by reference in the Prospectus.

 

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“Initial
Uncertificated VRR Interest Owner”: With respect to the Uncertificated VRR-GS Interest, GS Bank.

 

“Inquiries”:
As defined in Section 4.02(a) of this Agreement.

 

“Institutional
Accredited Investor”: An entity that qualifies as an “accredited investor” within the meaning of Rule 501(a)
(1), (2), (3) or (7) of Regulation D under the Act or any entity in which all of the equity owners qualify as “accredited
investors” within the meaning of Rule 501(a) (1), (2), (3) or (7) of Regulation D under the Act.

 

“Insurance
Proceeds”: Proceeds of any fire and hazard insurance policy, title policy or other insurance policy relating to a Mortgage
Loan (including an Outside Serviced Mortgage Loan) (including any amounts paid by the Master Servicer pursuant to Section 3.07
of this Agreement); provided that, in the case of an Outside Serviced Mortgage Loan, “Insurance Proceeds”
under this Agreement shall be limited to any related proceeds of the type described above in this definition that are received
by the Trust Fund in connection with such Outside Serviced Mortgage Loan, pursuant to the allocations set forth in the related
Co-Lender Agreement or, if no allocation is provided in the related Co-Lender Agreement, as allocated pursuant to the applicable
Outside Servicing Agreement.

 

“Insurance
Summary Report”: With respect to each Mortgage Loan, a report or other summary prepared either by the related Mortgage
Loan Seller or a third party insurance consultant on behalf of the related Mortgage Loan Seller that provides a summary of all
insurance policies covering the related Mortgaged Property(ies), identifying the insurance provider, applicable ratings of each
such provider and the amount of coverage and any applicable deductible.

 

“Interest
Accrual Amount”: (a) With respect to any Distribution Date and any Class of Non-Vertically Retained Principal Balance
Certificates, an amount equal to interest for the related Interest Accrual Period accrued at the applicable Pass-Through Rate
for such Class on the related Certificate Balance outstanding immediately prior to such Distribution Date; and (b) with respect
to any Distribution Date and a Class of the Class X Certificates, an amount equal to the Accrued Component Interest for the related
Interest Accrual Period for the applicable Component (or, if there are multiple related Components, the sum of the Accrued Component
Interest for the related Interest Accrual Period for all of the respective Components) for such Class for such Interest Accrual
Period. Calculations of interest for each Interest Accrual Period shall be made on 30/360 Basis.

 

“Interest
Accrual Period”: With respect to any Distribution Date, the calendar month prior to the month in which such Distribution
Date occurs.

 

“Interest
Distribution Amount”: With respect to any Distribution Date and any Class of Non-Vertically Retained Regular Certificates,
an amount equal to (A) the sum of (i) the Interest Accrual Amount with respect to such Class for such Distribution Date and (ii)
the Interest Shortfall, if any, with respect to such Class for such Distribution Date, less (B) any Excess Prepayment Interest
Shortfall allocated to such Class on such Distribution Date pursuant to Section 4.01(j).

 

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“Interest
Reserve Account”: The trust account or subaccount created and maintained by the Certificate Administrator pursuant to
Section 3.23 of this Agreement, which (subject to any changes in the identities of the Trustee and/or the Certificate Administrator)
shall be entitled “Computershare Trust Company, National Association, as Certificate Administrator, on behalf of Wilmington
Trust, National Association, as Trustee, for the benefit of the registered Holders of Benchmark 2022-B35 Mortgage Trust, Commercial
Mortgage Pass-Through Certificates, Series 2022-B35, and the Uncertificated VRR Interest Owners, Interest Reserve Account”
and which shall be an Eligible Account.

 

“Interest
Shortfall”: With respect to any Distribution Date for any Class of Non-Vertically Retained Regular Certificates, subject
to increase as provided in Section 4.01(g) of this Agreement, the sum of (a) the portion of the Interest Distribution Amount
for such Class remaining unpaid as of the close of business on the preceding Distribution Date (if any), and (b) to the extent
permitted by applicable law, (i) in the case of a Class of Non-Vertically Retained Principal Balance Certificates, one month’s
interest on that amount remaining unpaid at the Pass-Through Rate applicable to such Class for the subject Distribution Date,
and (ii) in the case of a Class of Interest-Only Certificates, one month’s interest on that amount remaining unpaid at the
WAC Rate for the subject Distribution Date.

 

“Interested
Person”: As of any date of determination, any party to this Agreement, any Mortgage Loan Seller, any applicable Directing
Holder or Consulting Party, any Mortgagor, any holder of a related mezzanine loan, any manager of a Mortgaged Property, any Independent
Contractor engaged by the Special Servicer pursuant to Section 3.16 of this Agreement, or any Person actually known to
a Responsible Officer of the Trustee or the Certificate Administrator to be an Affiliate of any of the preceding entities; and,
with respect to a Defaulted Serviced Loan Combination, the related Other Depositor, the master servicer, the special servicer
(or any independent contractor engaged by such special servicer), or the trustee for the related Other Securitization Trust, the
related Serviced Companion Loan Holder or its Companion Loan Holder Representative, any holder of a related mezzanine loan, or
any Person actually known to a Responsible Officer of the Trustee or the Certificate Administrator to be an Affiliate of any of
the preceding entities.

 

“Interest-Only
Certificates”: The Class X-A, Class X-D, Class X-F, Class X-G, Class X-H and Class X-J Certificates, collectively.

 

“Investment”:
Any direct or indirect ownership interest in any security, note or other financial instrument related to the Certificates or issued
or executed by a Mortgagor, a loan directly or indirectly secured by any of the foregoing or a hedging transaction (however structured)
that references or relates to any of the foregoing.

 

“Investment
Account”: As defined in Section 3.07(a) of this Agreement.

 

“Investment
Company Act”: The Investment Company Act of 1940, as it may be amended from time to time.

 

“Investment
Decisions”: Investment, trading, lending or other financial decisions, strategies or recommendations with respect to
Investments, whether on behalf of the Master

 

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Servicer
or any Affiliate thereof, the Special Servicer or any Affiliate thereof, the Operating Advisor or any Affiliate thereof, the Certificate
Administrator or any Affiliate thereof, or the Trustee or any Affiliate thereof, as applicable, or any Person on whose behalf
the Master Servicer or any Affiliate thereof, the Special Servicer or any Affiliate thereof, the Operating Advisor or any Affiliate
thereof, the Certificate Administrator or any Affiliate thereof, or the Trustee or any Affiliate thereof, as applicable, has discretion
in connection with Investments.

 

“Investor
Certification”: A certificate representing that such Person executing the certificate is a Certificateholder, a Certificate
Owner or a prospective purchaser of a Certificate (or any investment advisor or manager of the foregoing), an Uncertificated VRR
Interest Owner, the Controlling Class Representative (to the extent the Controlling Class Representative is not a Certificateholder
or a Certificate Owner), a Risk Retention Consultation Party (to the extent such Risk Retention Consultation Party is not a Certificateholder
or Certificate Owner) or a Serviced Companion Loan Holder or its Companion Loan Holder Representative, and that (i) for purposes
of obtaining certain information and notices (including access to information and notices on the Certificate Administrator’s
Website) pursuant to this Agreement, (A) (1) in the case of a Person that is neither the Controlling Class Representative nor
a Controlling Class Certificateholder, such Person is or is not a Borrower Party and such Person is or is not a Risk Retention
Consultation Party or (2) in the case of the Controlling Class Representative or any Controlling Class Certificateholder, such
Person is or is not a Borrower Party as to any identified Excluded Controlling Class Mortgage Loan, and (B) except in the case
of a Serviced Companion Loan Holder or its Companion Loan Holder Representative, such Person has received a copy of the Prospectus,
which certificate shall be substantially in the form of Exhibit M-1A, Exhibit M-1B, Exhibit M-1C, Exhibit
M-1D or Exhibit M-1E to this Agreement or in the form of an electronic certification contained on the Certificate Administrator’s
Website, and/or (ii) for purposes of exercising Voting Rights (which does not apply to a prospective purchaser of a Certificate,
an Uncertificated VRR Interest Owner or a Serviced Companion Loan Holder or its Companion Loan Holder Representative), (A) (1)
such Person is not a Borrower Party or (2) in the case of the Controlling Class Representative or any Controlling Class Certificateholder,
such Person is a Borrower Party as to any identified Excluded Controlling Class Mortgage Loan, (B) such Person is or is not the
Depositor, the Master Servicer, the Special Servicer, an Excluded Mortgage Loan Special Servicer, the Trustee, the Certificate
Administrator, the Operating Advisor, the Asset Representations Reviewer, a Mortgage Loan Seller or an Affiliate of any of the
foregoing and (C) such Person has received a copy of the Prospectus, which certificate shall be substantially in the form of Exhibit
M-2A or Exhibit M-2B to this Agreement or in the form of an electronic certification (which may be a click-through
confirmation) contained on the Certificate Administrator’s Website or the Master Servicer’s website. The Certificate
Administrator may require that Investor Certifications are resubmitted from time to time in accordance with its policies and procedures.
For the avoidance of doubt if a Borrower Party is the Controlling Class Representative or a Controlling Class Certificateholder,
such Person (A) shall be prohibited from having access to the Excluded Information solely with respect to the related Excluded
Controlling Class Mortgage Loan and (B) shall not be permitted to exercise voting or control, consultation and/or special servicer
appointment rights as a member of the Controlling Class solely with respect to the related Excluded Controlling Class Mortgage
Loan.

 

“Investor Q&A Forum”: As defined in Section 4.02(a) of this Agreement.

 

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“Investor
Registry”: As defined in Section 4.02(a) of this Agreement.

 

“IRS”: The Internal Revenue Service.

 

“JPMCB”:
JPMorgan Chase Bank, National Association, a national banking association, and its successors in interest.

 

“JPMCB
Mortgage Loan Purchase Agreement”: The mortgage loan purchase agreement, dated as of May 1, 2022, by and between JPMCB
and the Depositor.

 

“JPMCB
Mortgage Loans”: The Mortgage Loans (or portions thereof) transferred by JPMCB to the Depositor and/or the Trust pursuant
to the JPMCB Mortgage Loan Purchase Agreement and this Agreement.

 

“KBRA”:
Kroll Bond Rating Agency, LLC or its successors in interest. If neither KBRA nor any successor remains in existence, “KBRA”
shall be deemed to refer to such other nationally recognized statistical rating agency or other comparable Person reasonably designated
by the Depositor, notice of which designation shall be given to the Trustee, the Certificate Administrator, the Master Servicer
and the Special Servicer and specific ratings of KBRA herein referenced shall be deemed to refer to the equivalent ratings (as
reasonably determined by the Depositor) of the party so designated.

 

“Liquidation
Event”: With respect to any Mortgage Loan (or Serviced Loan Combination), any of the following events: (i) such Mortgage
Loan (or Serviced Loan Combination) is paid in full; (ii) a Final Recovery Determination is made with respect to such Mortgage
Loan (or Serviced Loan Combination); (iii) such Mortgage Loan is repurchased or substituted for by the applicable Mortgage Loan
Seller pursuant to Section 6 of the related Mortgage Loan Purchase Agreement; (iv) such Mortgage Loan is purchased or otherwise
acquired by the Special Servicer, the Master Servicer, the Holders of the Controlling Class, Holders of the Class R Certificates
or the Remaining Certificateholder pursuant to Section 9.01 of this Agreement; (v) such Mortgage Loan (or Serviced Loan
Combination) is purchased by the holder of a mezzanine loan or a Subordinate Companion Loan Holder pursuant to the related intercreditor
agreement, Co-Lender Agreement or similar agreement; (vi) the taking of a Mortgaged Property (or portion thereof) by exercise
of the power of eminent domain or condemnation; (vii) such Mortgage Loan (or Serviced Loan Combination or relevant portion thereof)
is purchased by any Person in accordance with Section 3.17 of this Agreement; or (viii) in the case of an Outside Serviced
Mortgage Loan, such Mortgage Loan is liquidated by any party pursuant to terms analogous to those set forth in the preceding clauses
contained in the applicable Outside Servicing Agreement and/or the related Co-Lender Agreement. With respect to any REO Property
(and the related REO Mortgage Loan or REO Companion Loan(s)), any of the following events: (i) a Final Recovery Determination
is made with respect to such REO Property; (ii) such REO Property is purchased or otherwise acquired by the Master Servicer, the
Special Servicer, Holders of the Controlling Class, Holders of the Class R Certificates or the Remaining Certificateholder pursuant
to Section 9.01 of this Agreement; (iii) the taking of a REO Property (or portion thereof) by exercise of the power of
eminent domain or condemnation; (iv) such REO Property is purchased by the holder of a mezzanine loan or a Subordinate Companion
Loan Holder pursuant to the related

 

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intercreditor
agreement, Co-Lender Agreement or similar agreement; or (v) such REO Property is purchased by another party in accordance with
Section 3.17 of this Agreement.

 

“Liquidation
Expenses”: All customary, reasonable and necessary costs and expenses incurred by the Master Servicer, the Special Servicer,
the Certificate Administrator and the Trustee in connection with the liquidation of any Specially Serviced Loan or REO Property
acquired in respect thereof or final payoff of a Corrected Loan (including, without limitation, legal fees and expenses, committee
or referee fees, and, if applicable, brokerage commissions, and conveyance taxes associated with such Mortgage Loan or Mortgaged
Property).

 

“Liquidation
Fee”: (i) With respect to each Specially Serviced Loan as to which the Special Servicer receives a full or
discounted payoff (or unscheduled partial payment to the extent such prepayment is required by the Special Servicer as a
condition to a workout) from the related Mortgagor, (ii) except as otherwise described below, with respect to any Serviced
Mortgage Loan (or Serviced Loan Combination, if applicable) repurchased or substituted, or with respect to which a Loss of
Value Payment is made, as contemplated by Section 2.03 of this Agreement, and (iii) with respect to any
Specially Serviced Loan or any REO Property (other than an REO Property related to an Outside Serviced Mortgage Loan) as to
which the Special Servicer receives Liquidation Proceeds (including through a trustee’s sale, foreclosure sale or
otherwise), Insurance Proceeds or Condemnation Proceeds, an amount calculated by the application of the applicable
Liquidation Fee Rate to the related payment or proceeds (exclusive of any portion of such payoff or proceeds that represents
Penalty Charges); provided that the Liquidation Fee with respect to such Specially Serviced Loan or REO Property shall
be reduced by the amount of any Excess Modification Fees paid by or on behalf of the related Mortgagor with respect to the
Specially Serviced Loan or REO Property as described in the definition of “Excess Modification Fees” in this
Agreement, but only to the extent those fees have not previously been deducted from a Workout Fee or Liquidation Fee; provided, however,
that, except as contemplated by the preceding proviso with respect to offset in connection with Excess Modification Fees and
the next two (2) provisos, no Liquidation Fee will be less than $25,000 with respect to any Serviced Mortgage Loan (or
related Serviced Loan Combination, if applicable); provided, further, that (a) the Liquidation Fee shall be
zero with respect to any Serviced Mortgage Loan or Serviced Loan Combination or any Mortgaged Property purchased, repurchased
or substituted for pursuant to clauses (iii) through (v) of the first sentence of the definition of Liquidation Event (unless
with respect to (A) clause (iii), the applicable Mortgage Loan Seller does not repurchase or substitute for such
Mortgage Loan until after more than 120 days following its receipt of notice or discovery of the Material Defect that gave
rise to the particular repurchase or substitution obligation, and (B) clause (v), the applicable mezzanine loan holder (based
on a purchase option set forth under the related intercreditor agreement) or the applicable Subordinate Companion Loan Holder
(based on a purchase option set forth under the related Co-Lender Agreement) does not purchase such Serviced Mortgage Loan or
Serviced Loan Combination within 90 days of the date that the first purchase option related to the subject Servicing Transfer
Event first becomes exercisable under the related intercreditor agreement or the related Co-Lender Agreement, as applicable)
or pursuant to clauses (ii) or (iv) of the second sentence of the definition of Liquidation Event (unless with respect to
clause (iv), the applicable mezzanine loan holder (based on a purchase option set forth under the related intercreditor
agreement) or the applicable Subordinate Companion Loan Holder (based on a purchase option set forth under the related
Co-Lender Agreement) does not purchase such REO Property within 90 days of the date that the first purchase option related to
the subject

 

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Servicing
Transfer Event first becomes exercisable under the related intercreditor agreement or the related Co-Lender Agreement, as applicable),
(b) the Liquidation Fee shall be zero with respect to any Serviced Mortgage Loan or Serviced Loan Combination or any Mortgaged
Property with respect to which a Loss of Value Payment is made as contemplated by Section 2.03(a) of this Agreement unless
the applicable Mortgage Loan Seller does not make the particular Loss of Value Payment with respect to such Mortgage Loan until
after more than 120 days following its receipt of notice or discovery of the Material Defect that gave rise to the payment of
the particular Loss of Value Payment, and (c) the Liquidation Fee with respect to each Serviced Mortgage Loan or REO Mortgage
Loan repurchased or substituted for after more than 120 days following the Mortgage Loan Seller’s receipt of notice or discovery
of a Material Defect shall be in an amount equal to the Liquidation Fee Rate of the outstanding principal balance of such Serviced
Mortgage Loan or REO Mortgage Loan; provided, further that if a Serviced Mortgage Loan or Serviced Loan Combination
becomes a Specially Serviced Loan only because of an event described in clause (a)(ii) of the definition of Specially Serviced
Loan as a result of a payment default at maturity and the related Liquidation Proceeds or payment are received within 90 days
following the related default in connection with the full and final payoff or refinancing of the related Serviced Mortgage Loan
or Serviced Loan Combination, if applicable, the Special Servicer will not be entitled to collect a Liquidation Fee, but may collect
and retain appropriate fees from the related Mortgagor in connection with such liquidation. For the avoidance of doubt, no Liquidation
Fee is payable in connection with an optional termination of the Trust pursuant to Section 9.01.

 

“Liquidation
Fee Rate”: A rate equal to the lesser of (a) 1.0% or (b) with respect to any Serviced Mortgage Loan (or related Serviced
Loan Combination, if applicable), such lesser rate as would result in a Liquidation Fee of $1,000,000; provided, however,
that except as contemplated in the definition of “Liquidation Fee”, no Liquidation Fee with respect to any Serviced
Mortgage Loan (or related Serviced Loan Combination, if applicable) will be less than $25,000.

 

“Liquidation
Proceeds”: The amount (other than Insurance Proceeds and Condemnation Proceeds) received in connection with (i) a
full or discounted payoff (or unscheduled partial payment to the extent such prepayment is required by the Special Servicer
as a condition to a workout) with respect to a Specially Serviced Loan, (ii) a Liquidation Event, (iii) the transfer of any
Loss of Value Payments from the Loss of Value Reserve Fund to the Collection Account in accordance with Section
3.06(c) of this Agreement (provided that, for the purpose of determining the amount of the Liquidation Fee (if
any) payable to the Special Servicer in connection with such Loss of Value Payment, the full amount of such Loss of Value
Payment shall be deemed to constitute “Liquidation Proceeds” from which the Liquidation Fee (if any) is payable
as of such time such Loss of Value Payment is made by the applicable Mortgage Loan Seller) or (iv)     
the transfer of any Threshold Event Collateral to the related Loan Combination Custodial Account pursuant to Section
3.28(e) of this Agreement.

 

“Loan
Agreement”: With respect to any Mortgage Loan or Serviced Loan Combination, the loan agreement, if any, between the
related originator(s) and the Mortgagor, pursuant to which such Mortgage Loan or Serviced Loan Combination was made.

 

“Loan
Combination”: An aggregate debt consisting of a particular Mortgage Loan that is an asset of the Trust and one or more
other mortgage loans (each of which is referred to as

 

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a
“Companion Loan”), which Mortgage Loan and related Companion Loan(s) are: (i) each evidenced by one or more
separate Notes; (ii) cross-defaulted with each other; and (iii) all secured by the same Mortgage(s) encumbering the same Mortgaged
Property or portfolio of Mortgaged Properties. The term “Loan Combination” shall include any successor REO Mortgage
Loan and the related successor REO Companion Loan(s) (or the related deemed Companion Loan(s), if applicable)). The only Loan
Combinations related to the Trust as of the Closing Date are identified in the Loan Combination Table. Each of the Companion Loans
identified in the Loan Combination Table are not assets of the Trust.

 

“Loan
Combination Custodial Account”: With respect to any Serviced Loan Combination, the respective segregated account or
sub-account created and maintained by the Master Servicer pursuant to Section 3.05A of this Agreement on behalf of the
holders of such Serviced Loan Combination, which (subject to any changes in the identities of the Master Servicer and/or the Trustee)
shall be entitled “KeyBank National Association, as Master Servicer, on behalf of Wilmington Trust, National Association,
as Trustee, for the benefit of the registered Holders of Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates,
Series 2022-B35, the Uncertificated VRR Interest Owners, and the related Serviced Companion Loan Holder, as their interests may
appear.”

 

“Loan
Combination Special Servicer”: Any Person responsible for performing the duties of Special Servicer hereunder with respect
to a Serviced Loan Combination or any related REO Property.

 

“Loan
Combination Table”: The table that appears under the heading “LOAN COMBINATIONS” in the Preliminary Statement.

 

“Loan
Documents”: With respect to any Mortgage Loan, or Serviced Loan Combination, the documents executed or delivered in
connection with the origination or any subsequent modification of such Mortgage Loan or Serviced Loan Combination, as applicable,
or subsequently added to the related Mortgage File, and any related Co-Lender Agreement and/or intercreditor agreement.

 

“Loan
Number”: With respect to any Mortgage Loan, the loan number by which such Mortgage Loan was identified on the books
and records of the Depositor or any Sub-Servicer for the Depositor, as set forth in the Mortgage Loan Schedule.

 

“Loan-to-Value
Ratio”: With respect to any Mortgage Loan or Serviced Loan Combination, as of any date of determination, the fraction,
expressed as a percentage, the numerator of which is the then unpaid principal balance of such Mortgage Loan or Serviced Loan
Combination, as applicable, and the denominator of which is the Appraised Value of the related Mortgaged Property as determined
by an Appraisal thereof.

 

“Lock-Box
Account”: With respect to any Mortgaged Property, if applicable, any account created pursuant to any documents relating
to a Mortgage Loan or Serviced Loan Combination to receive rental or other income generated by the Mortgaged Property. Any Lock-Box
Account shall be beneficially owned for federal income tax purposes by the Person who is entitled to receive the reinvestment
income or gain thereon in accordance with the terms and

 

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provisions
of the related Mortgage Loan or Serviced Loan Combination and Section 3.07 of this Agreement, which Person shall be taxed
on all reinvestment income or gain thereon.

 

“Lock-Box
Agreement”: With respect to any Mortgage Loan or Serviced Loan Combination, the lock-box or other similar agreement,
if any, between the related originator(s) and the Mortgagor, pursuant to which the related Lock-Box Account, if any, may have
been established.

 

“Loss
of Value Payment”: As defined in Section 2.03(a) of this Agreement.

 

“Loss
of Value Reserve Fund”: The “outside reserve fund” (within the meaning of Treasury Regulations Section 1.860G-2(h))
designated as such pursuant to Section 3.05(g) of this Agreement. The Loss of Value Reserve Fund will be part of the Trust
Fund but not part of the Grantor Trust or any Trust REMIC.

 

“Lower-Tier
Principal Balance”: The principal amount of any Lower-Tier Regular Interest outstanding as of any date of determination.
As of the Closing Date, the Lower-Tier Principal Balance of each Lower-Tier Regular Interest shall equal the original Lower-Tier
Principal Balance as set forth in the Preliminary Statement hereto. On each Distribution Date, the Lower-Tier Principal Balance
of each Lower-Tier Regular Interest shall be permanently reduced by all distributions of principal deemed to have been made in
respect of such Lower-Tier Regular Interest on such Distribution Date pursuant to Section 4.01(a)(ii) of this Agreement, and shall
be further permanently reduced on such Distribution Date by all applicable Realized Losses deemed to have been allocated thereto
on such Distribution Date pursuant to Section 4.01(f) of this Agreement, such that at all times the Lower-Tier Principal
Balance of a Lower-Tier Regular Interest shall equal the Certificate Balance of the Corresponding Certificates. The Lower-Tier
Principal Balance of any Lower-Tier Regular Interest may be increased on a particular Distribution Date as and to the extent contemplated
by Section 4.01(g) of this Agreement.

 

“Lower-Tier
Regular Interests”: The respective classes of “regular interests”, within the meaning of Code Section 860G(a)(1),
in the Lower-Tier REMIC, designated as the Class LA-1, Class LA-2, Class LA-3-1, Class LA-3-2, Class LA-4-1, Class LA-4-2, Class
LA-5, Class LA-SB, Class LA-S, Class LB, Class LC, Class LD, Class LE, Class LF, Class LG, Class LH, Class LJ and Class LVRR Lower-Tier
Regular Interests.

 

“Lower-Tier
REMIC”: A segregated asset pool within the Trust Fund consisting of the Mortgage Loans and collections thereon (other
than Excess Interest), any related REO Property (or a beneficial interest in the applicable portion of the “REO Property”
under the applicable Outside Servicing Agreement related to any Outside Serviced Mortgage Loan) acquired in respect thereof and
all proceeds of such REO Property allocable to the related Mortgage Loan, other property of the Trust Fund related thereto and
amounts (other than Excess Interest and any interest or other income earned thereon) held in respect thereof from time to time
in the Collection Account, any Serviced Loan Combination Custodial Account, the Interest Reserve Account and the related REO Account,
and amounts held from time to time in the Lower-Tier REMIC Distribution Account and the Excess Liquidation Proceeds Reserve Account,
in each case excluding the beneficial interest of any Companion Loan Holder in an REO Property and any amounts allocable to the
Companion Loans and any interest or other income earned on such

 

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amounts
allocable to the Companion Loans. Any Threshold Event Collateral posted by a Serviced Subordinate Companion Loan Holder will be
part of the Trust Fund but not part of the Grantor Trust or any Trust REMIC.

 

“Lower-Tier
REMIC Distribution Account”: The account or accounts created and maintained as a separate account (or separate sub-account
within the same account as the Upper-Tier REMIC Distribution Account) or accounts by the Certificate Administrator pursuant to
Section 3.05(b) of this Agreement, which (subject to any changes in the identities of the Trustee and/or the Certificate
Administrator) shall be entitled “Computershare Trust Company, National Association, as Certificate Administrator, on behalf
of Wilmington Trust, National Association, as Trustee, for the benefit of the registered Holders of Benchmark 2022-B35 Mortgage
Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35, and the Uncertificated VRR Interest Owners, Lower-Tier
REMIC Distribution Account” and which must be an Eligible Account. The Lower-Tier REMIC Distribution Account shall be an
asset of the Lower-Tier REMIC.

 

“Lower-Tier
Residual Interest”: The sole class of “residual interests”, within the meaning of Code Section 860G(a)(2),
in the Lower-Tier REMIC and evidenced by the Class R Certificates.

 

“MAI”:
Member of the Appraisal Institute.

 

“Major Decision”: Collectively:

 

(a)            any proposed or actual foreclosure upon or comparable conversion (which may include acquisitions of an REO Property) of the ownership
of properties securing such of the Serviced Loans as come into and continue in default;

 

(b)            any modification, consent to a modification or waiver of any monetary term (other than Penalty Charges which the Master Servicer
or the Special Servicer, as applicable, is permitted to waive pursuant to this Agreement) or material non-monetary term (including,
without limitation, any Payment Accommodation, a modification with respect to the timing of payments and acceptance of discounted
payoffs but excluding waiver of Penalty Charges) of a Serviced Loan or any extension of the Maturity Date or Anticipated Repayment
Date, as applicable, of any Serviced Loan;

 

(c)            any sale of a Serviced Mortgage Loan that is a Defaulted Mortgage Loan (and any related Serviced Companion Loan) or REO Property
(other than in connection with the termination of the Trust Fund) for less than the applicable Purchase Price;

 

(d)            any determination to bring an REO Property into compliance with applicable environmental laws or to otherwise address Hazardous
Materials located at an REO Property or any approval of a Mortgagor’s determination to bring a Mortgaged Property into compliance
with applicable environmental laws or to otherwise address Hazardous Materials located at a Mortgaged Property, to the extent
the lender is required to consent to, or approve, any such determination by the Mortgagor under the related Loan Documents;

 

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(e)            any release of collateral or any acceptance of substitute or additional collateral for a Serviced Loan, or any consent to either
of the foregoing, unless such action is otherwise required pursuant to the specific terms of the related Serviced Loan and there
is no lender discretion;

 

(f)             any waiver of a “due-on-sale” or “due-on-encumbrance” clause with respect to a Serviced Loan or, if lender
consent is required, any consent to such waiver or consent to a transfer of the Mortgaged Property or interests in the Mortgagor
(including any interests in any applicable mezzanine borrower) or consent to the incurrence of additional debt, other than any
such transfer or incurrence of debt as may be effected pursuant to the terms of the related loan agreement and without the consent
of the lender under the related loan agreement and for which there is no lender discretion;

 

(g)            any approval of property management company changes or franchise changes, in each case to the extent the lender is required to
consent to, or approve, such changes under the related Loan Documents, provided that with respect to property management company
changes (i) the Serviced Loan has an outstanding principal balance greater than $2,500,000, or (ii) the successor property manager
is affiliated with the related Mortgagor;

 

(h)            releases of any holdback amounts, escrow accounts, reserve accounts or letters of credit held as performance or “earn-out”
holdbacks, escrows or reserves, other than those required pursuant to the specific terms of the related Serviced Loan and for
which there is no lender discretion (for the avoidance of doubt the determination of whether conditions precedent to a Mortgagor’s
right to obtain release have been satisfied will be a matter of lender discretion), but solely with respect to any Specified Mortgage
Loans;

 

(i)            
any acceptance of an assumption agreement or any other agreement permitting transfers of interests in a Mortgagor or
guarantor releasing a Mortgagor or guarantor from liability under a Serviced Loan other than pursuant to the specific terms
of such Serviced Loan and for which there is no lender discretion;

 

(j)             any acceleration of a Serviced Loan or the exercise of any other remedy following a default or an event of default with respect
to a Serviced Loan, any initiation of judicial, bankruptcy or similar proceedings under the related Loan Documents or with respect
to the related Mortgagor or Mortgaged Property;

 

(k)            the determination of the Special Servicer pursuant to clause (b) or clause (g) of the definition of “Specially Serviced
Loan”;

 

(l)             any modification, waiver or amendment of an intercreditor agreement, Co-Lender Agreement or similar agreement (other than with
respect to amendments to split or re-size notes consistent with the terms of the subject Co-Lender Agreement and as to which the
consent of the holder of the related Mortgage Loan is not required) , in each case entered into with any mezzanine lender or Companion
Loan Holder or subordinate debt holder related to a Serviced Loan, or an action to enforce rights with respect thereto and in

 

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each
case, in a manner that materially and adversely affects the Holders of the Control Eligible Certificates;

 

 (m) any determination of an Acceptable Insurance Default;

 

(n)           in the case of any Specially Serviced Loan, approval of any waiver regarding the receipt of financial statements (other than immaterial
timing waivers including late financial statements which in no event relieve any Mortgagor of the obligation to provide financial
statements on at least a quarterly basis) following three consecutive late deliveries of financial statements;

 

(o)           in the case of any Specially Serviced Loan, any modification, waiver or amendment of any lease, the execution of any new lease
or the granting of a subordination, non-disturbance and attornment agreement in connection with any lease (other than a Ground
Lease) at a Mortgaged Property or REO Property, if (a) the lease affects an area greater than or equal to 30% of the net rentable
area of the improvements at the Mortgaged Property and (b) such transaction is not a routine leasing matter provided, that if
lender consent is not required for such transaction pursuant to the related Loan Documents or there is no lender discretion in
connection with such transaction, such transaction will not constitute a Major Decision;

 

(p)           in the case of any Specially Serviced Loan, any approval of or consent to a grant of an easement or right of way that materially
affects the use or value of a Mortgaged Property or a Mortgagor’s ability to make payments with respect to such Specially
Serviced Loan;

 

(q)           agreeing to any modification, waiver, consent or amendment of the related Serviced Loan in connection with a defeasance if such
proposed modification, waiver, consent or amendment is with respect to (i) a waiver of a mortgage loan event of default (but excluding
non-monetary events of default other than defaults relating to transfers of interest in the Mortgagor or the existing collateral
or material modifications of the existing collateral) that would permit the defeasance of the subject Serviced Loan, (ii) a modification
of the type of defeasance collateral required under the related Loan Documents such that defeasance collateral other than direct,
non-callable obligations of the United States would be permitted or (iii) a modification that would permit a principal prepayment
instead of defeasance if the applicable Loan Documents do not otherwise permit such principal prepayment; and

 

(r)            determining whether to permit any Ground Lease modification, amendment or subordination, non-disturbance and attornment agreement
or entry into a new Ground Lease other than pursuant to the specific terms of the Serviced Loan and for which there is no lender
discretion;

 

provided,
for the avoidance of doubt, that any modification, waiver, consent or amendment by the Master Servicer or the Special Servicer
that is set forth above as a Major Decision shall constitute a Major Decision regardless of the fact that such action is being
taken in connection with a defeasance; and, provided, further, that, in the case of a Serviced Outside Controlled
Loan

 

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Combination,
“Major Decision” shall have the meaning as such term or any analogous term is assigned in the related Co-Lender Agreement.
For the avoidance of doubt, the Controlling Class Representative shall have no consent or consultation rights with respect to
Major Decisions with respect to any Excluded Mortgage Loan.

 

“Major
Decision Reporting Package”: With respect to any Major Decision, (a) a written report prepared by the Special Servicer
describing in reasonable detail (i) the background and circumstances requiring action of the Special Servicer, (ii) the proposed
course of action recommended, and (iii) information regarding any direct or indirect conflict of interest in the subject action,
and (b) all information in the Special Servicer’s possession that is reasonably requested by the party receiving such Major
Decision Reporting Package in order for such party to exercise any consultation or consent rights available to such party under
this Agreement. For the avoidance of doubt, the Special Servicer may provide the information described in clauses (a)(i) and (a)(ii)
above in the form of an Asset Status Report.

 

“Majority-Owned
Affiliate”: A “majority-owned affiliate” as defined under Regulation RR.

 

“Manager”:
With respect to any Mortgage Loan or Serviced Loan Combination, any property manager for the related Mortgaged Properties.

 

“Master
Servicer”: KeyBank National Association, a national banking association, or its successor in interest, or any successor
Master Servicer appointed as herein provided.

 

“Master
Servicer Remittance Date”: With respect to any Distribution Date, the Business Day immediately preceding such Distribution
Date.

 

“Master
Servicer Servicing Personnel”: The divisions and individuals of the Master Servicer who are involved in the performance
of the duties of the Master Servicer under this Agreement.

 

“Material
Breach”: As defined in Section 2.03(a) of this Agreement.

 

“Material
Defect”: With respect to any Mortgage Loan, a Material Breach or a Material Document Defect, as the case may be, with
respect to such Mortgage Loan.

 

“Material
Document Defect”: As defined in Section 2.03(a) of this Agreement.

 

“Maturity
Date”: With respect to each Mortgage Loan, the maturity date as set forth on the Mortgage Loan Schedule; and
with respect to each Serviced Companion Loan, the Maturity Date for the related Mortgage Loan.

 

“Mediation
Rules”: As defined in Section 2.03(h)(i).

 

“Mediation Services Provider”: As defined in Section
2.03(h)(i).

 

“Modification
Fees”: With respect to any Serviced Loan, any and all fees collected from the related Mortgagor with respect to a modification,
extension, waiver or amendment that

 

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modifies,
extends, amends or waives any term of the Loan Documents (as evidenced by a signed writing) agreed to by the Master Servicer or
the Special Servicer, other than (a) any loan service transaction fees, Assumption Fees, Consent Fees or assumption application
fees and (b) any fee in connection with a defeasance of such Serviced Loan.

 

“Modified
Asset”: Any Serviced Loan as to which any Servicing Transfer Event has occurred and which has been modified by the Special
Servicer pursuant to Section 3.24 of this Agreement in a manner that:

 

(a)            affects the amount or timing of any payment of principal or interest due thereon (other than, or in addition to, bringing Monthly
Payments current with respect to such Serviced Loan);

 

(b)            except as expressly contemplated by the related Loan Documents, results in a release of the lien of the related Mortgage on any
material portion of the related Mortgaged Property without a corresponding Principal Prepayment in an amount, or the delivery
of substitute real property collateral with a fair market value (as is), that is not less than the fair market value (as is) of
the property to be released, as determined by an appraisal delivered to the Special Servicer (at the expense of the related Mortgagor
and upon which the Special Servicer may conclusively rely); or

 

(c)            in the reasonable, good faith judgment of the Special Servicer, otherwise materially impairs the security for such Serviced Loan
or materially reduces the likelihood of timely payment of amounts due thereon.

 

“Monthly
Payment”: With respect to any Mortgage Loan or Serviced Companion Loan, as applicable (other than any REO Mortgage Loan
or REO Companion Loan), and any Due Date, the scheduled monthly payment of principal (if any) and interest at the related Mortgage
Rate, which is payable by the related Mortgagor on such Due Date under the related Note or Notes, exclusive of any Balloon Payment.
The Monthly Payment with respect to any Due Date for (i) an REO Mortgage Loan or REO Companion Loan or (ii) any Mortgage Loan
or Serviced Companion Loan that is delinquent at its respective Maturity Date and with respect to which the Special Servicer has
not entered into an extension, shall be the monthly payment that would otherwise have been payable on such Due Date had the related
Note not been discharged or the related Maturity Date had not been reached, as the case may be, determined as set forth in the
preceding sentence and on the assumption that all other amounts, if any, due thereunder are paid when due. The Monthly Payment
for any Serviced Loan Combination is the aggregate Monthly Payment for the related Mortgage Loan and Serviced Companion Loan(s).

 

“Moody’s”:
Moody’s Investors Service, Inc. or its successors in interest. If neither Moody’s nor any successor remains in existence,
“Moody’s” shall be deemed to refer to such other nationally recognized statistical rating agency or other comparable
Person reasonably designated by the Depositor, notice of which designation shall be given to the Trustee, the Certificate Administrator,
the Master Servicer and the Special Servicer and specific ratings of Moody’s herein referenced shall be deemed to refer
to the equivalent ratings (as reasonably determined by the Depositor) of the party so designated.

 

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“Mortgage”:
The mortgage, deed of trust or other instrument creating a first lien on or first priority ownership interest in a Mortgaged Property
securing the Note(s) evidencing a Mortgage Loan or Loan Combination.

 

“Mortgage
File”: With respect to any Mortgage Loan or the related Serviced Loan Combination, subject to Section 2.01(b),
collectively the following documents:

 

(1)            (A) the original executed Note for such Mortgage Loan, endorsed on its face or by allonge thereto (without recourse, representation
or warranty, express or implied) to the order of “Wilmington Trust, National Association, as Trustee, on behalf of the registered
Holders of Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35 and the Uncertificated
VRR Interest Owners” or in blank, and further showing a complete, unbroken chain of endorsement from the originator (if
such originator is not the applicable Mortgage Loan Seller) (or, alternatively, if the original executed Note has been lost, a
lost note affidavit and indemnity with a copy of such Note), and (B) if such Mortgage Loan is part of a Serviced Loan Combination,
a copy of the executed Note for each related Serviced Companion Loan;

 

(2)            an original or copy of the Mortgage, together with originals or copies of any and all intervening assignments thereof, in each
case (unless the particular item has not been returned from the applicable recording office) with evidence of recording indicated
thereon or certified by the applicable recorder’s office;

 

(3)            an original or copy of any related Assignment of Leases (if such item is a document separate from the Mortgage), together with
originals or copies of any and all intervening assignments thereof, in each case (unless the particular item has not been returned
from the applicable recording office) with evidence of recording indicated thereon or certified by the applicable recorder’s
office;

 

(4)            an original executed assignment, in recordable form (except for missing recording information not yet available if the instrument
being assigned has not been returned from the applicable recording office), of (A) the Mortgage and (B) any related Assignment
of Leases (if such item is a document separate from the Mortgage), in favor of “Wilmington Trust, National Association,
as Trustee, on behalf of the registered Holders of Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates,
Series 2022-B35 and the Uncertificated VRR Interest Owners [and the holder of the related Serviced Companion Loan, as their interests
may appear]” or in blank, or a copy of such assignment if the related Mortgage Loan Seller or its designee, rather than
the Trustee, is responsible for recording such assignment; provided, however, that with respect to a Servicing Shift
Mortgage Loan, each such assignment shall be executed in blank until the earliest of (A) the related Servicing Shift Date, (B)
such Servicing Shift Mortgage Loan becoming a Specially Serviced Mortgage Loan, and (C) 180 days after the Closing Date;

 

(5)            the original assignment of all unrecorded documents relating to the Mortgage Loan (or the related Serviced Loan Combination, if
applicable), in favor of “Wilmington Trust, National Association, as Trustee, on behalf of the registered Holders of Benchmark
2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through

 

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Certificates,
Series 2022-B35 and the Uncertificated VRR Interest Owners [and the holder of the related Serviced Companion Loan, as their interests
may appear]”; provided, however, that with respect to a Servicing Shift Mortgage Loan, each such assignment
shall be executed in blank until the earliest of (A) the related Servicing Shift Date, (B) such Servicing Shift Mortgage Loan
becoming a Specially Serviced Mortgage Loan, and (C) 180 days after the Closing Date;

 

(6)            originals or copies of final written modification agreements in those instances where the terms or provisions of the Note for
such Mortgage Loan (or, if applicable, any Note of a Serviced Loan Combination) or the related Mortgage have been modified, in
each case (unless the particular item has not been returned from the applicable recording office) with evidence of recording indicated
thereon if the instrument being modified is a recordable document;

 

(7)            the original or a copy of the policy or certificate of lender’s title insurance issued in connection with such Mortgage
Loan (or the related Serviced Loan Combination, if applicable) or, if such policy has not been issued or located, an irrevocable,
binding commitment (which may be a “marked-up” pro forma title policy marked as binding and executed by an authorized
representative of the title insurer or an agreement to provide the same pursuant to binding escrow instructions executed by an
authorized representative of the title insurer) to issue such title insurance policy;

 

(8)            an original or copy of the related Ground Lease relating to such Mortgage Loan (or the related Serviced Loan Combination, if applicable),
if any, and any ground lessor estoppel;

 

 (9)            an original or copy of the related Loan Agreement, if any;

 

(10)          an original of any guaranty under such Mortgage Loan or the related Serviced Loan Combination, if any;

 

(11)         
an original or copy of the lock box agreement or cash management agreement relating to such Mortgage Loan or the related
Serviced Loan Combination, if any;

 

(12)          an original or copy of the environmental indemnity from the related Mortgagor, if any;

 

(13)          an original or copy of the related escrow agreement and the related security agreement (in each case, if such item is a document
separate from the Mortgage) and, if applicable, the originals or copies of any intervening assignments thereof;

 

(14)          an original assignment of the related security agreement (if such item is a document separate from the Mortgage and if such item
is not included in the assignment described in clause (5)), in favor of “Wilmington Trust, National Association, as Trustee,
on behalf of the registered Holders of Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series
2022-B35 and the Uncertificated VRR Interest Owners [and the holder of the related Serviced Companion Loan, as their interests
may

 

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appear]”;
provided, however, that with respect to a Servicing Shift Mortgage Loan, each such assignment shall be executed
in blank until the earliest of (A) the related Servicing Shift Date, (B) such Servicing Shift Mortgage Loan becoming a Specially
Serviced Mortgage Loan, and (C) 180 days after the Closing Date;

 

(15)          any filed copies (bearing evidence of filing) or evidence of filing of any UCC financing statements in favor of the originator
of such Mortgage Loan (or the related Serviced Loan Combination, if applicable) or in favor of any assignee prior to the Trustee,
and an original UCC-3 assignment thereof, in form suitable for filing, in favor of the Trustee (or, in each case, a copy thereof,
certified to be the copy of such assignment submitted or to be submitted for filing);

 

(16)          in the case of any Mortgage Loan or the related Serviced Loan Combination as to which there exists a related mezzanine loan, the
original or a copy of the related intercreditor agreement;

 

 (17)
         an original or copy
of any related environmental insurance policy;

 

(18)          a copy of any letter of credit relating to such Mortgage Loan or the related Serviced Loan Combination and any related assignment
thereof (with the original to be delivered to the Master Servicer);

 

(19)          copies of any related franchise agreement, property management agreement or hotel management agreement and related comfort letters
(together with (i) copies of any notices of transfer that are necessary to transfer or assign to the Trust or the Trustee the
benefits of such comfort letter or (ii) if the related comfort letter contemplates that a request be made of the related franchisor
to issue a replacement comfort letter for the benefit of the Trust or Trustee, a copy of the notice requesting the issuance of
such replacement comfort letter (the copy of such notice shall be delivered by the related Mortgage Loan Seller to the Custodian
for inclusion in the Mortgage File within the time period set forth in the penultimate paragraph of Section 2.01(b)), with the
original of any replacement comfort letter to be included in the Mortgage File following receipt thereof by the Master Servicer)
and/or estoppel letters relating to such Mortgage Loan or the related Serviced Loan Combination and any related assignment thereof;
and

 

(20)          in the case of a Loan Combination, an original or a copy of the related Co-Lender Agreement;

 

provided
that, whenever the term “Mortgage File” is used to refer to documents actually received by the Certificate Administrator
or a Custodian appointed thereby, such term shall not be deemed to include such documents and instruments required to be included
therein unless they are actually so received.

 

“Mortgage
Loan”: Each of the mortgage loans transferred and assigned to the Trustee pursuant to Section 2.01 and from time
to time held in the Trust Fund, the mortgage loans originally so transferred, assigned and held being identified on the Mortgage
Loan Schedule as of the Cut-Off Date. Such term shall include any Specially Serviced Mortgage Loan, REO Mortgage Loan or defeased
Mortgage Loan and each Outside Serviced Mortgage Loan (but not the

 

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Companion
Loans). For the avoidance of doubt, no Retained Defeasance Rights and Obligations will be part of a “Mortgage Loan”
or an asset of the Trust.

 

“Mortgage
Loan Purchase Agreement”: The CREFI Mortgage Loan Purchase Agreement, the GSMC Mortgage Loan Purchase Agreement, the
JPMCB Mortgage Loan Purchase Agreement or the GACC Mortgage Loan Purchase Agreement, as applicable.

 

“Mortgage
Loan Schedule”: The list of Mortgage Loans included in the Trust Fund as of the Closing Date being attached hereto as
Exhibit B, which list shall set forth the following information with respect to each Mortgage Loan:

 

 (i)             the Loan Number;

 

(ii)            the street address (including city, state and zip code) and name of the related Mortgaged Property;

 

 (iii)           the Cut-Off Date Balance;

 

 (iv)         
 the original Mortgage Rate;

 

 (v)           the (A) remaining term to maturity/ARD and (B) Maturity Date/ARD;

 

 (vi)           in the case of a Balloon Loan, the remaining amortization term;

 

(vii)          the Servicing Fee Rate (which may be presented as consisting of the following separate components: “Master Servicing Fee
Rate (%)”, “Primary Servicing Fee Rate (%)”, “Subservicing Fee Rate (%)” and “Outside Servicing
Fee Rate (%)”) (separately identifying any primary servicing fee rate or subservicing fee rate included in the Servicing
Fee Rate, and in the case of a Serviced Loan Combination, separately identifying the Servicing Fee Rate applicable to the related
Serviced Companion Loan in such Serviced Loan Combination, and in the case of an Outside Serviced Mortgage Loan, separately identifying
the primary servicing fee rate payable to the Outside Servicer);

 

 (viii)         the Mortgage Loan Seller(s);

 

(ix)           whether the Mortgage Loan is cross-collateralized and the cross-collateralized group it belongs to;

 

 (x)            whether the Mortgage Loan is an ARD Mortgage Loan;

 

 (xi)           the ARD Mortgage Loan final Maturity Date, if applicable;

 

 (xii)          the Revised Rate, if applicable;

 

(xiii)         whether such Mortgage Loan is part of a Serviced Loan Combination, in which case the information required by clauses (iii), (iv),
(v), (vi) and (vii) above shall also be set forth for the Serviced Companion Loan in the related Serviced Loan Combination; and

 

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(xiv)         whether the related Mortgaged Property is in a flood zone and, if applicable, the flood zone code thereof.

 

“Mortgage
Loan Seller”: Each of CREFI, GSMC, JPMCB and GACC, and their respective successors in interest.

 

“Mortgage
Loan Seller Sub-Servicer”: A Sub-Servicer required to be retained by the Master Servicer by a Mortgage Loan Seller,
as listed on Exhibit S to this Agreement, or any successor thereto.

 

“Mortgage
Pool”: All of the Mortgage Loans and any successor REO Mortgage Loans, collectively. The Mortgage Pool does not include
the Companion Loans or any related REO Companion Loans.

 

“Mortgage
Rate”: With respect to any Mortgage Loan (including an REO Mortgage Loan) or Serviced Companion Loan (including an REO
Companion Loan), the per annum rate at which interest accrues (or, if and while it is an REO Mortgage Loan or REO Companion
Loan, is deemed to accrue) on such Mortgage Loan or Serviced Companion Loan, as the case may be, as stated in the related Note
or Co-Lender Agreement, in each case without giving effect to the Default Rate, any Excess Interest or any Revised Rate with respect
to such Mortgage Loan or Serviced Companion Loan, as the case may be.

 

“Mortgaged
Property”: The underlying property securing a Mortgage Loan and the related Companion Loan(s), including any REO Property
(including with respect to an Outside Serviced Mortgage Loan), consisting of a fee simple estate, and, with respect to certain
Mortgage Loans and any related Companion Loan(s), a leasehold estate, or both a leasehold estate and a fee simple estate, or a
leasehold estate in a portion of the property and a fee simple estate in the remainder, in a parcel of land improved by a commercial
property, together with any personal property, fixtures, leases and other property or rights pertaining thereto.

 

“Mortgagor”:
The obligor or obligors on a Note evidencing a Mortgage Loan and any related Note(s) in favor of any related Companion Loan Holder(s),
including, without limitation, any Person that has acquired the related Mortgaged Property and assumed the obligations of the
original obligor under such Note evidencing a Mortgage Loan and any such Note(s) in favor of any related Companion Loan Holder(s).

 

“Mortgagor
Accounts”: As defined in Section 3.07(a) of this Agreement.

 

“Net
Condemnation Proceeds”: The Condemnation Proceeds received with respect to any Mortgage Loan or Serviced Companion
Loan (including an REO Mortgage Loan or REO Companion Loan) net of the amount of (i) costs and expenses incurred with respect
thereto and (ii) amounts required to be applied to the restoration or repair of the related Mortgaged Property; provided
that, in the case of an Outside Serviced Mortgage Loan, “Net Condemnation Proceeds” under this Agreement shall
be limited to any related Condemnation Proceeds that are received by the Trust Fund in connection with such Outside Serviced
Mortgage Loan, pursuant to the allocations set forth in the related Co-Lender Agreement.

 

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“Net
Insurance Proceeds”: Insurance Proceeds, to the extent such proceeds are not to be applied to the restoration of the
related Mortgaged Property or released to the Mortgagor in accordance with the express requirements of the Mortgage or Note or
other Loan Documents included in the Mortgage File or in accordance with the Servicing Standard, or with respect to the environmental
insurance policy, applied to pay any costs, expenses, penalties, fines or similar items; provided that, in the case of
an Outside Serviced Mortgage Loan, “Net Insurance Proceeds” under this Agreement shall be limited to any related Insurance
Proceeds that are received by the Trust Fund in connection with such Outside Serviced Mortgage Loan, pursuant to the allocations
set forth in the related Co-Lender Agreement.

 

“Net
Liquidation Proceeds”: The Liquidation Proceeds received by the Trust Fund with respect to any Mortgage Loan or Serviced
Loan Combination (including an REO Mortgage Loan or REO Companion Loan) net of the amount of Liquidation Expenses incurred with
respect thereto.

 

“Net
Mortgage Rate”: With respect to any Mortgage Loan (including any successor REO Mortgage Loan with respect thereto),
the per annum rate equal to the related Mortgage Rate minus the related Administrative Cost Rate.

 

“Net
Mortgage Pass-Through Rate”: (a) With respect to any Mortgage Loan (including any successor REO Mortgage Loan with respect
thereto) that accrues interest on a 30/360 Basis, for any Distribution Date, the Net Mortgage Rate in effect for such Mortgage
Loan during the one-month accrual period applicable to the Due Date for such Mortgage Loan that occurs in the same month as that
Distribution Date; and (b) with respect to any Mortgage Loan (including any successor REO Mortgage Loan with respect thereto)
that accrues interest on an Actual/360 Basis, for any Distribution Date, the annualized rate at which interest would have to accrue
in respect of such Mortgage Loan on a 30/360 Basis in order to produce the aggregate amount of interest actually accrued (or,
in the event of a voluntary or involuntary principal prepayment affecting same, that otherwise would have accrued) in respect
of such Mortgage Loan (adjusted to the related Net Mortgage Rate and, if applicable, exclusive of any Excess Interest) during
the one-month accrual period applicable to the Due Date for such Mortgage Loan that occurs in the same month as that Distribution
Date. However, with respect to each Mortgage Loan that accrues interest on an Actual/360 Basis, when determining: (i) the related
Net Mortgage Pass-Through Rate for the Distribution Date in January (except during a leap year) or February of any year beginning
in 2023 (in any event unless that Distribution Date is the final Distribution Date), the “aggregate amount of interest actually
accrued (or, in the event of a voluntary or involuntary principal prepayment affecting same, that otherwise would have accrued)”,
as referred to in clause (b) of the preceding sentence, shall be deemed to exclude related Withheld Amounts to be transferred
to the Interest Reserve Account in such month; and (ii) the related Net Mortgage Pass-Through Rate for the Distribution Date in
March (or in February if the final Distribution Date occurs in such particular month of February) in any year, beginning in 2023,
the “aggregate amount of interest actually accrued (or, in the event of a voluntary or involuntary principal prepayment
affecting same, that otherwise would have accrued)”, as referred to in clause (b) of the preceding sentence, shall be deemed
to include related Withheld Amounts to be deposited in the Lower-Tier REMIC Distribution Account, for distribution on such Distribution
Date. In addition, the Net Mortgage Pass-Through Rate with respect to any Mortgage Loan for any Distribution Date shall be determined
without regard to: (i) any modification, waiver or amendment of the terms of such

 

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Mortgage
Loan, whether agreed to by the Master Servicer, the Special Servicer, an Outside Servicer or an Outside Special Servicer or resulting
from a bankruptcy, insolvency or similar proceeding involving the related borrower; (ii) the occurrence and continuation of a
default under such Mortgage Loan; (iii) the passage of the related maturity date or, in the case of an ARD Mortgage Loan, the
related Anticipated Repayment Date; and (iv) the related Mortgaged Property becoming an REO Property.

 

“Net
Operating Income”: With respect to any Mortgaged Property, for any Mortgagor’s fiscal year end, Net Operating
Income will be calculated in accordance with the standard definition of “Net Operating Income” approved from time
to time endorsed and put forth by CREFC®.

 

“Net
REO Proceeds”: With respect to each REO Property and any related REO Mortgage Loan or REO Companion Loan, REO Proceeds
received by the Trust Fund with respect to such REO Property, REO Mortgage Loan or REO Companion Loan (other than the proceeds
of a liquidation thereof), net of any insurance premiums, taxes, assessments, ground rents and other costs and expenses permitted
to be paid therefrom pursuant to Section 3.16(b) of this Agreement; provided that, in the case of an REO Property
that relates to an Outside Serviced Mortgage Loan, “Net REO Proceeds” under this Agreement shall be limited to any
REO Proceeds that are received by the Trust Fund in connection with such Outside Serviced Mortgage Loan, pursuant to the allocations
set forth in the related Co-Lender Agreement.

 

“New
Lease”: Any lease of REO Property entered into on behalf of the Trust Fund, including any lease renewed or extended
on behalf of the Trust Fund, if the Trust Fund has the right to renegotiate the terms of such lease.

 

“Non-Book
Entry Certificates”: As defined in Section 5.02(c)(iii) of this Agreement.

 

“Non-Conforming
Policy”: As defined in Section 3.08(a) of this Agreement.

 

“Non-Exempt Person” shall mean
any Person other than a Person who either (i) is a U.S. person or (ii) has provided to the Certificate Administrator
for the relevant year such duly executed form(s) or statement(s) which may, from time to time, be prescribed by law and
which, pursuant to applicable provisions of (A) any income tax treaty between the United States and the country of residence
of such Person, (B) the Code or (C) any applicable rules or regulations in effect under clauses (A) or (B)
above, permit the Certificate Administrator to make such payments free of any obligation or liability for withholding,
provided that duly executed form(s) provided to the Certificate Administrator pursuant to Section 5.03(o)(ii), shall
be sufficient to evidence that such providing Person is not a Non-Exempt Person.

 

“Non-Reduced
Certificates”: As of any date of determination, any Class of Principal Balance Certificates then outstanding for which
(a)(1) the initial Certificate Balance of such Class of Certificates minus (2) the sum (without duplication) of (x) the
aggregate payments of principal (whether as principal prepayments or otherwise) previously distributed to the Holders of such
Class of Certificates as of such date of determination, (y) any Appraisal Reduction Amounts allocated to such Class of Certificates
as of such date of determination and (z) any

 

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applicable
Realized Losses previously allocated to such Class of Certificates as of such date of determination, is equal to or greater than
(b) 25% of the remainder of (i) the initial Certificate Balance of such Class of Certificates less (ii) any payments of principal
(whether as principal prepayments or otherwise) previously distributed to the Holders of that Class of Certificates as of such
date of determination.

 

“Non-Specially
Serviced Loan”: A Mortgage Loan that is not, and is not part of, a Specially Serviced Loan.

 

“Non-U.S.
Beneficial Ownership Certification”: As defined in Section 5.03(f) of this Agreement.

 

“Non-U.S.
Tax Person”: A person other than a U.S. Tax Person.

 

“Non-Vertically
Retained Percentage”: An amount expressed as a percentage equal to 100% less the Vertically Retained Percentage. For
the avoidance of doubt, at all times, the sum of the Vertically Retained Percentage and the Non-Vertically Retained Percentage
shall equal 100%.

 

“Non-Vertically
Retained Available Funds”: With respect to any Distribution Date, an amount equal to the Non-Vertically Retained Percentage
of the Aggregate Available Funds for such Distribution Date.

 

“Non-Vertically
Retained Certificates”: All Certificates other than the Class VRR Certificates.

 

“Non-Vertically
Retained Principal Balance Certificates”: All Non-Vertically Retained Certificates that are also
Principal Balance Certificates.

 

“Non-Vertically
Retained Regular Certificates”: The Class A-1, Class A-2, Class A-3-1, Class A-3-2, Class A-4-1, Class A-4-2, Class
A-5, Class A-SB, Class X-A, Class X-D, Class X-F, Class X-G, Class X-H, Class X-J, Class A-S, Class B, Class C, Class D, Class
E, Class F, Class G, Class H and Class J Certificates, collectively.

 

“Non-Vertically
Retained Yield Maintenance Charge”: As defined in Section 4.01(d)(ii).

 

“Nonrecoverable
Advance”: Any Nonrecoverable P&I Advance or Nonrecoverable Property Advance. Workout-Delayed Reimbursement Amounts
shall constitute a Nonrecoverable Advance only when the Person making such determination in accordance with the procedures specified
in Sections 3.20 and 4.06, the definition of Nonrecoverable P&I Advance or the definition of Nonrecoverable
Property Advance, as applicable, and taking into account factors such as all other outstanding Advances, either (a) has determined
that such Workout-Delayed Reimbursement Amounts, would not ultimately be recoverable from late collections or any other recovery
on or in respect of the related Mortgage Loan or Serviced Loan Combination or REO Property, as applicable, or (b) has determined
that such Workout-Delayed Reimbursement Amount, along with any other Workout-Delayed Reimbursement Amounts (that have not been
reimbursed to the party that made such Advance) or unreimbursed Nonrecoverable

 

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Advances,
would not be ultimately recoverable from the principal portion of future general collections on the applicable Mortgage Loan(s)
and REO Property or Properties.

 

“Nonrecoverable
P&I Advance”: With respect to any Mortgage Loan (or any successor REO Mortgage Loan with respect thereto), any P&I
Advance previously made or proposed to be made in respect of such Mortgage Loan (or any successor REO Mortgage Loan with respect
thereto) or a related REO Mortgage Loan by the Master Servicer or the Trustee, which P&I Advance such party or the Special
Servicer has determined pursuant to and in accordance with Section 4.06 of this Agreement, would not or will not be ultimately
recoverable from late payments, Insurance Proceeds, Condemnation Proceeds or Liquidation Proceeds, or any other recovery on or
in respect of such Mortgage Loan (or any successor REO Mortgage Loan with respect thereto), as the case may be.

 

“Nonrecoverable
Property Advance”: Any Property Advance (including any Emergency Advance) previously made or proposed to be made in
respect of a Serviced Mortgage Loan, Serviced Loan Combination or REO Property by the Master Servicer, the Special Servicer or
the Trustee, which Property Advance the advancing party (or, in the case of an Emergency Advance made by the Special Servicer
pursuant to the proviso to the penultimate sentence of Section 3.20(e), the reimbursing party) or, if different, the Special
Servicer has determined pursuant to and in accordance with Section 3.20 of this Agreement, would not or will not, as applicable,
be ultimately recoverable from late payments, Insurance Proceeds, Condemnation Proceeds, Liquidation Proceeds, or any other recovery
on or in respect of such Serviced Mortgage Loan, Serviced Loan Combination or REO Property, as the case may be. Any Property Advance
(including any Emergency Advance) that is not required to be repaid by the related Mortgagor under the terms of the related Loan
Documents shall be deemed to be a Nonrecoverable Advance for purposes of the Master Servicer’s, the Special Servicer’s
or the Trustee’s entitlement to reimbursement for such Advance. In the case of an Outside Serviced Mortgage Loan or any
related REO Property, the term “Nonrecoverable Property Advance” shall have the meaning assigned thereto in the Outside
Servicing Agreement.

 

“Note”
or “Mortgage Note”: With respect to any Mortgage Loan or Companion Loan as of any date of determination, the
note or other evidence of indebtedness and/or agreements evidencing the indebtedness of a Mortgagor under such Mortgage Loan or
Companion Loan, as the case may be, including any amendments or modifications, or any renewal or substitution notes, as of such
date.

 

“Notice
of Termination”: Any of the notices given to the Certificate Administrator by the Master Servicer, the Depositor or
any Holder of a Class R Certificate pursuant to Section 9.01(c).

 

“Notifying
Party”: As defined in Section 3.01(i).

 

“Notional
Amount”: For any date of determination, (a) with respect to the Class X-A Certificates, the Class X-A Notional Amount,
(b) with respect to the Class X-D Certificates, the Class X-D Notional Amount, (c) with respect to the Class X-F Certificates,
the Class X-F Notional Amount, (d) with respect to the Class X-G Certificates, the Class X-G Notional Amount,

 

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(e)   
with respect to the Class X-H Certificates, the Class X-H Notional Amount, and (f) with respect to the Class X-J Certificates,
the Class X-J Notional Amount.

 

“Novo
Nordisk HQ Mortgage Loan”: The Mortgage Loan secured by the Mortgaged Property identified on the Mortgage Loan Schedule
as Novo Nordisk HQ.

 

“NRSRO”:
A nationally recognized statistical rating organization within the meaning of Section 3(a)(62) of the Exchange Act.

 

“NRSRO
Certification”: A certification executed by an NRSRO (other than a Rating Agency) in favor of the Rule 17g-5 Information
Provider substantially in the form attached as Exhibit M-5 hereto that states that such NRSRO has provided the Depositor
with the appropriate certifications pursuant to paragraph (e) of Rule 17g-5 under the Exchange Act and that such NRSRO will keep
any information obtained from the Rule 17g-5 Information Provider’s Website confidential, except to the extent such information
has been made available to the general public. Each NRSRO shall be deemed to recertify to the foregoing each time it accesses
the Rule 17g-5 Information Provider’s Website.

 

“OCC”:
The Office of the Comptroller of the Currency, and its successors in interest.

 

“Offering
Circular”: The offering circular dated May 4, 2022 relating to the Private Certificates (other than the
Class VRR and Class S Certificates).

 

“Officer’s
Certificate”: With respect to any Person, a certificate signed by an authorized officer of such Person or, in the case
of the Master Servicer or the Special Servicer, a Servicing Officer, and delivered to the Depositor, the Trustee, the Certificate
Administrator, the Master Servicer or the Special Servicer, as the case may be.

 

“One
Wilshire Mortgage Loan”: The Mortgage Loan secured by the Mortgaged Property identified on the Mortgage Loan Schedule
as One Wilshire.

 

“Operating
Advisor”: Park Bridge Lender Services LLC, a New York limited liability company, or its successor in interest, or any
successor Operating Advisor appointed as herein provided.

 

“Operating
Advisor Annual Report”: As defined in Section 3.29(d)(ii) of this Agreement.

 

“Operating
Advisor Consulting Fee”: A fee for each Major Decision on which the Operating Advisor has consultation
rights equal to $10,000 or such lesser amount as the related Mortgagor pays with respect to any Serviced Mortgage Loan (or
Serviced Loan Combination, if applicable), payable pursuant to Section 3.06(a) and Section 3.06A(a) of this
Agreement; provided, that the Operating Advisor Consulting Fee shall be payable only to the extent such fee is
actually received from the related Mortgagor as a separately identifiable fee; provided, further that the
Operating Advisor may in its sole discretion reduce the Operating Advisor Consulting Fee with respect to any Major Decision;
and provided, further that the Master Servicer or Special Servicer, as applicable, may waive or reduce the
amount of any Operating Advisor Consulting Fee

 

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payable
by the related Mortgagor if it determines that such full or partial waiver is in accordance with the Servicing Standard (provided
that the Master Servicer or the Special Servicer, as applicable, shall consult with the Operating Advisor on a non-binding
basis prior to any such waiver or reduction).

 

“Operating
Advisor Fee”: With respect to any Mortgage Loan (or any successor REO Mortgage Loan with respect thereto) and any Distribution
Date, an amount accrued during the related Interest Accrual Period at the applicable Operating Advisor Fee Rate on, in the case
of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution
Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest
Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis
respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated
for partial periods. Such fee shall be in addition to, and not in lieu of, any other fee or other sum payable to the Operating
Advisor under this Agreement. For the avoidance of doubt, the Operating Advisor Fee shall be payable from the Lower-Tier REMIC.

 

“Operating
Advisor Fee Rate”: With respect to each Interest Accrual Period, a rate equal to 0.00125% per annum with respect
to each Mortgage Loan (or any successor REO Mortgage Loan with respect thereto).

 

“Operating
Advisor Personnel”: The divisions and individuals of the Operating Advisor who are involved in the performance of the
duties of the Operating Advisor under this Agreement.

 

“Operating
Advisor Standard”: As defined in Section 3.29(b) of this Agreement.

 

“Operating Advisor Termination Event”:
As defined in Section 7.06(a) of this Agreement.

 

“Opinion
of Counsel”: A written opinion of counsel, who may, without limitation, be counsel for the Depositor, the
Operating Advisor, the Asset Representations Reviewer, the Special Servicer or the Master Servicer, as the case may be,
reasonably acceptable to the Trustee and the Certificate Administrator, except that any opinion of counsel relating to (a)
qualification of a Trust REMIC or the imposition of tax under the REMIC Provisions on any income or property of any such
Trust REMIC, (b) compliance with the REMIC Provisions (including application of the definition of “Independent
Contractor”), (c) qualification of the Grantor Trust as a grantor trust under the Grantor Trust Provisions or (d) a
resignation of the Master Servicer or Special Servicer pursuant to Section 6.04, must be an opinion of counsel who is
Independent of the Depositor, the Special Servicer, the Master Servicer, the Operating Advisor and the Asset Representations
Reviewer.

 

“Opting-Out
Party”: As defined in Section 6.09(h) of this Agreement.

 

“Other
17g-5 Information Provider”: The applicable other “17g-5 information provider” under an Other Pooling and
Servicing Agreement relating to a Serviced Companion Loan.

 

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“Other
Asset Representations Reviewer”: Any party acting as “asset representations reviewer” (within the meaning
of Item 1101(m) of Regulation AB) under an Other Pooling and Servicing Agreement.

 

“Other
Crossed Loans”: As defined in Section 2.03(a) of this Agreement.

 

“Other
Depositor”: With respect to a Serviced Companion Loan or a Serviced Loan Combination, the “depositor” (within
the meaning of Item 1101(e) of Regulation AB) of any related Other Securitization Trust.

 

“Other
Exchange Act Reporting Party”: With respect to any Other Securitization Trust that is subject to the reporting requirements
of the Exchange Act, the trustee, certificate administrator, master servicer, special servicer or depositor under the related
Other Pooling and Servicing Agreement that is responsible for the preparation and/or filing of Form 8-K, Form 10-D, Form ABS-EE
and Form 10-K with respect to such Other Securitization Trust, as identified in writing to the parties to this Agreement; and,
with respect to any Other Securitization Trust that is not subject to the reporting requirements of the Exchange Act, the trustee,
certificate administrator, master servicer, special servicer or depositor under the related Other Pooling and Servicing Agreement
that is responsible for the preparation and/or dissemination of periodic distribution date statements or similar reports, as identified
in writing to the parties to this Agreement.

 

“Other
Indemnified Party”: As defined in Section 8.05(c) of this Agreement.

 

“Other
Operating Advisor”: The applicable other “operating advisor” under an Other Pooling and
Servicing Agreement relating to a Serviced Companion Loan.

 

“Other
Operating Advisor Consultation Trigger Event”: With respect to any Regulation RR Other PSA, an “Operating Advisor
Consultation Trigger Event” (or analogous concept) under such related Regulation RR Other PSA.

 

“Other
Pooling and Servicing Agreement”: With respect to a Serviced Companion Loan or the related Serviced Loan Combination,
the pooling and servicing agreement or other comparable agreement governing the creation of any related Other Securitization Trust
and the issuance of securities backed by the assets of such Other Securitization Trust, but not the servicing of such Serviced
Companion Loan or Serviced Loan Combination or the related Mortgage Loan.

 

“Other
PSA Asset Review”: With respect to any Serviced Companion Loan, any review of representations and warranties with respect
to such Serviced Companion Loan conducted by any related Other Asset Representations Reviewer.

 

“Other
Securitization Trust”: Any “issuing entity” (within the meaning of Item 1101(f) of Regulation AB) that holds
a Serviced Companion Loan or successor REO Companion Loan (or any portion thereof or interest therein), as identified in writing
to the parties to this Agreement.

 

“Other
Servicer”: The applicable other “master servicer” under an Other Pooling and Servicing Agreement relating
to a Serviced Companion Loan.

 

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“Other
Special Servicer”: The applicable other “special servicer” under an Other Pooling and Servicing Agreement
relating to a Serviced Companion Loan.

 

“Other
Trustee”: The applicable other “trustee” or, if applicable, the other “certificate administrator”
or, if applicable, the other “custodian” under an Other Pooling and Servicing Agreement relating to a Serviced Companion
Loan.

 

“Outside
Certificate Administrator”: With respect to an Outside Serviced Mortgage Loan, the certificate administrator under the
applicable Outside Servicing Agreement.

 

“Outside
Controlling Note Holder”: With respect to any Loan Combination that is, and only for so long as such Loan Combination
is, a Serviced Outside Controlled Loan Combination, at any such time, the holder of the related controlling note (regardless of
whether such note evidences a Pari Passu Companion Loan or a Subordinate Companion Loan) or such holder’s designated representative;
provided that if, with respect to any Serviced Outside Controlled Loan Combination, the related controlling note is included
in a securitization trust, the Outside Controlling Note Holder shall be the party designated under the pooling and servicing agreement,
trust and servicing agreement or comparable agreement governing the securitization of the related controlling note as authorized
to exercise the rights of the holder of the related controlling note; and provided, further, that the right of any
such designated party to exercise some or all of such rights may terminate or shift to another designated party upon the occurrence
of certain trigger events if and to the extent set forth in the pooling and servicing agreement, trust and servicing agreement
or comparable agreement governing the securitization of the related controlling note. With respect to each Servicing Shift Loan
Combination, the holder of the related controlling note (regardless of whether such note evidences a Pari Passu Companion Loan
or a Subordinate Companion Loan) will (i) be an Outside Controlling Note Holder prior to the related Servicing Shift Date and
(ii) cease to be an Outside Controlling Note Holder on and after the related Servicing Shift Date. With respect to each Serviced
AB Loan Combination, the holder of a related Subordinate Companion Loan will be an Outside Controlling Note Holder for so long
as such Subordinate Companion Loan (or, in the case of a Serviced AB Loan Combination with multiple Subordinate Companion Loans,
at least one such Subordinate Companion Loan) is not the subject of a “control appraisal period” (or analogous concept)
and not held by a “borrower-related party” (or analogous concept), in any event under the related Co-Lender Agreement.

 

“Outside
Custodian”: With respect to an Outside Serviced Mortgage Loan, the custodian under the applicable Outside Servicing
Agreement.

 

“Outside
Depositor”: With respect to an Outside Serviced Mortgage Loan, the depositor under the applicable Outside Servicing
Agreement.

 

“Outside
Operating Advisor”: With respect to an Outside Serviced Mortgage Loan, the operating advisor under the applicable Outside
Servicing Agreement.

 

“Outside
Paying Agent”: With respect to an Outside Serviced Mortgage Loan, the paying agent under the applicable Outside Servicing
Agreement.

 

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“Outside
Securitization Trust”: With respect to any Outside Serviced Mortgage Loan, the “issuing entity” (within
the meaning of Item 1101(f) of Regulation AB) that holds a related Outside Serviced Companion Loan (or any portion thereof or
interest therein) and is created under the related Outside Servicing Agreement.

 

“Outside
Service Providers”: With respect to any Outside Serviced Mortgage Loan, the related Outside Trustee, Outside Custodian,
Outside Certificate Administrator, Outside Paying Agent, Outside Servicer, Outside Special Servicer and any sub-servicer of any
of the foregoing.

 

“Outside
Serviced Co-Lender Agreement”: The Co-Lender Agreement for an Outside Serviced Loan Combination. With respect to each
Servicing Shift Mortgage Loan and the related Servicing Shift Loan Combination, the related Co-Lender Agreement shall be an Outside
Serviced Co-Lender Agreement on and after the related Servicing Shift Date.

 

“Outside
Serviced Companion Loan”: Any Companion Loan that is part of an Outside Serviced Loan Combination. With respect to each
Servicing Shift Mortgage Loan and the related Servicing Shift Loan Combination, each related Companion Loan shall be an Outside
Serviced Companion Loan on and after the related Servicing Shift Date.

 

“Outside
Serviced Loan Combination”: Any Loan Combination that is not serviced under this Agreement, but instead is being serviced
pursuant to the pooling and servicing agreement, trust and servicing agreement or other comparable agreement governing the securitization
of a related Companion Loan (whether by itself or with other mortgage assets), or pursuant to any successor servicing agreement
contemplated by the related Co-Lender Agreement. The only Outside Serviced Loan Combinations related to the Trust as of Closing
Date are the Loan Combinations as to which “Outside Serviced” is set forth in the Loan Combination Table under the
column heading “Servicing Type.” Each Servicing Shift Loan Combination shall be an Outside Serviced Loan Combination
on and after the related Servicing Shift Date.

 

“Outside
Serviced Loan Combination Noteholders”: With respect to an Outside Serviced Loan Combination, the holder of the related
Outside Serviced Mortgage Loan and the holder(s) of the related Outside Serviced Companion Loan(s), collectively.

 

“Outside
Serviced Mortgage Loan”: Any Mortgage Loan that is part of an Outside Serviced Loan Combination. Each Servicing Shift
Mortgage Loan shall be an Outside Serviced Mortgage Loan on and after the related Servicing Shift Date.

 

“Outside
Servicer”: With respect to an Outside Serviced Mortgage Loan, the master servicer under the applicable Outside Servicing
Agreement.

 

“Outside
Servicing Agreement”: With respect to an Outside Serviced Mortgage Loan or the related Outside Serviced Loan Combination,
the pooling and servicing agreement, trust and servicing agreement or other comparable agreement governing the creation of an
Outside Securitization Trust that includes a related Outside Serviced Companion Loan, the issuance of securities backed by the
assets of such Outside Securitization Trust and the servicing of such Outside Serviced Mortgage Loan, such Outside Serviced Loan
Combination and the related Outside Serviced Companion Loan(s), or any successor servicing agreement with respect to such

 

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Outside
Serviced Mortgage Loan, such Outside Serviced Loan Combination and the related Outside Serviced Companion Loan(s) contemplated
by the related Co-Lender Agreement. The only Outside Servicing Agreements related to the Trust as of the Closing Date are identified
in the Loan Combination Table under the column heading “Outside Servicing Agreement.” With respect to each Servicing
Shift Mortgage Loan and the related Servicing Shift Loan Combination, on or after the related Servicing Shift Date, the related
Servicing Shift Mortgage Loan Pooling and Servicing Agreement shall be an Outside Servicing Agreement.

 

“Outside
Special Servicer”: With respect to an Outside Serviced Mortgage Loan, the special servicer under the applicable Outside
Servicing Agreement.

 

“Outside
Trustee”: With respect to an Outside Serviced Mortgage Loan, the trustee under the applicable Outside Servicing Agreement.

 

“Ownership
Interest”: Any record or beneficial interest in a Class R Certificate.

 

“P&I
Advance”: As to any Mortgage Loan (including any Outside Serviced Mortgage Loan and any REO Mortgage Loan),
any advance made by the Master Servicer or the Trustee pursuant to Section 4.06 of this Agreement. Each reference to
the payment or reimbursement of a P&I Advance shall be deemed to include, whether or not specifically referred to but
without duplication, payment or reimbursement of interest thereon at the Advance Rate to but excluding the date of payment or
reimbursement.

 

“Pari
Passu Companion Loan”: A Companion Loan that, pursuant to the related Loan Documents and/or the related Co-Lender Agreement,
is pari passu in right of payment to the related Split Mortgage Loan. The only Pari Passu Companion Loans related to the Trust
as of the Closing Date are evidenced by the Notes identified in the Loan Combination Table under the column heading “Pari
Passu Companion Loan(s),” each of which Notes evidences a separate Pari Passu Companion Loan.

 

“Pari
Passu Indemnified Items”: As defined in Section 3.01(j)(ii) of this Agreement. 

 

“Pari
Passu Indemnified Party”: As defined in Section 3.01(j)(ii) of this Agreement.

 

“Pari
Passu Loan Combination”: A Loan Combination that includes a Pari Passu Companion Loan. The only Pari Passu
Loan Combinations related to the Trust are those with related Notes listed in the Loan Combination Table under the column
heading “Pari Passu Companion Loan(s).”

 

“Pass-Through
Rate”: Each of the Class A-1 Pass-Through Rate, the Class A-2 Pass-Through Rate, the Class A-3-1 Pass-Through Rate,
the Class A-3-2 Pass-Through Rate, the Class A-4-1 Pass-Through Rate, the Class A-4-2 Pass-Through Rate, the Class A-5 Pass-Through
Rate, the Class A-SB Pass-Through Rate, the Class X-A Pass-Through Rate, the Class A-S Pass-Through Rate, the Class B Pass-Through
Rate, the Class C Pass-Through Rate, the Class D Pass-Through Rate, the Class X-D Pass-Through Rate, the Class X-F Pass-Through
Rate, the Class X-G Pass-Through Rate, the Class X-H Pass-Through Rate, the Class X-J Pass-Through Rate, the

 

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Class
E Pass-Through Rate, the Class F Pass-Through Rate, the Class G Pass-Through Rate, the Class H Pass-Through Rate and the Class
J Pass-Through Rate. The Class S Certificates, the Class R Certificates and, other than for tax reporting purposes, the Class
VRR Certificates and the Uncertificated VRR Interest do not have Pass-Through Rates.

 

“Paying
Agent”: The paying agent appointed pursuant to Section 5.06 of this Agreement.

 

“Payment
Accommodation”: With respect to any Serviced Mortgage Loan (or Serviced Loan Combination, if applicable),
the entering into of any temporary forbearance agreement as a result of the COVID-19 emergency (as reasonably determined by
the Master Servicer (if the Master Servicer and Special Servicer agree that the Master Servicer will determine) or the
Special Servicer in accordance with the Servicing Standard) relating to payment obligations or operating covenants under the
related Loan Documents or the use of funds on deposit in any reserve account or escrow account for any purpose other than the
explicit purpose described in the related Loan Documents, that in each case (i) is entered into prior to the date that is 6
months following the Closing Date, (ii) defers no greater than 3 monthly debt service payments and (iii) requires full
repayment of deferred payments, reserves and escrows by the earlier of (a) the date that is 21 months following the date of
the Payment Accommodation for such Serviced Mortgage Loan (or Serviced Loan Combination, if applicable) and (b) the maturity
date for such Serviced Mortgage Loan (or Serviced Loan Combination, if applicable).

 

“Payment
Accommodation Fee Cap”: As defined in Section 3.12(d).

 

“Penalty
Charges”: With respect to any Serviced Loan (or successor REO Mortgage Loan or successor REO Companion Loan), any amounts
actually collected thereon from the Mortgagor that represent default charges, penalty charges, late fees and/or Default Interest
(in the case of any Split Mortgage Loan or Serviced Companion Loan, to the extent allocable thereto pursuant to the related Co-Lender
Agreement, and, in the case of a Serviced Companion Loan, to the extent not payable to the Serviced Companion Loan Holder, and,
in the case of an Outside Serviced Mortgage Loan, any such amounts remitted by the related Outside Servicer to the Master Servicer).

 

“Percentage
Interest”: As to any Certificate, the percentage interest evidenced thereby in distributions required to be made with
respect to the related Class. With respect to any Certificate (other than a Class S or Class R Certificate), the percentage interest
is equal to the initial denomination as of the Closing Date of such Certificate divided by the initial Certificate Balance or
Notional Amount, as applicable, of such Class of Certificates. With respect to any Class S or Class R Certificate, the percentage
interest is set forth on the face thereof.

 

“Performing
Party”: As defined in Section 10.12 of this Agreement.

 

“Performing
Serviced Companion Loan”: A Serviced Companion Loan that is not, and is not part of, a Specially Serviced Loan or REO
Loan.

 

“Performing
Serviced Loan”: A Performing Serviced Mortgage Loan, a Performing Serviced Companion Loan or a Performing Serviced Loan
Combination, as the context may require.

 

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“Performing
Serviced Loan Combination”: A Serviced Loan Combination that is not a Specially Serviced Loan or an REO Loan Combination.

 

“Performing
Serviced Mortgage Loan”: A Serviced Mortgage Loan that is not, and is not part of, a Specially Serviced Loan or REO
Loan.

 

“Permitted
Investments”: Any one or more of the following obligations or securities payable on demand or having a scheduled maturity
on or before the Business Day preceding the date upon which such funds are required to be drawn (provided that funds invested
by the Certificate Administrator in Permitted Investments managed or advised by the Certificate Administrator may (or, as and
when contemplated under Section 3.07(c), shall) mature on the Distribution Date) and a maximum maturity of 365 days (except
for the investment in clause (viii) below), regardless of whether issued by the Depositor, the Master Servicer, the Trustee, the
Certificate Administrator or any of their respective Affiliates and having at all times the required ratings, if any, provided
for in this definition, unless each Rating Agency and Companion Loan Rating Agency shall have provided a Rating Agency Confirmation
or Companion Loan Rating Agency Confirmation, as applicable, relating to the Certificates and Serviced Companion Loan Securities:

 

(i)            direct obligations of, or obligations fully guaranteed as to payment of principal and interest by, the U.S. Treasury; Small Business
Administration-guaranteed participation certificates and guaranteed pool certificates; U.S. Department of Housing and Urban Development
public housing agency bonds; Government National Mortgage Association (GNMA) guaranteed mortgage-backed securities or participation
certificates; and Resolution Funding Corp. debt obligations; provided, however, that the investments described in
this clause must (A) have a predetermined fixed dollar of principal due at maturity that cannot vary or change, (B) if such investments
have a variable rate of interest, such interest rate must be tied to a single interest rate index plus a fixed spread (if any)
and must move proportionately with that index, and (C) such investments must not be subject to liquidation prior to their maturity;

 

(ii)           Federal Housing Administration debentures;

 

(iii)          obligations of the following United States government sponsored agencies: Federal Home Loan Mortgage Corp. (debt obligations),
the Farm Credit System (consolidated system wide bonds and notes), the Federal Home Loan Banks (consolidated debt obligations),
and the Federal National Mortgage Association (debt obligations); provided, however, that the investments described
in this clause must (A) have a predetermined fixed dollar amount of principal due at maturity that cannot vary or change, (B)
if such investments have a variable rate of interest, such interest rate must be tied to a single interest rate index plus a fixed
spread (if any) and must move proportionately with that index, and (C) such investments must not be subject to liquidation prior
to their maturity;

 

(iv)          federal funds, unsecured certificates of deposit, time or similar deposits, bankers’ acceptances and repurchase agreements
of any bank, the obligations of which are rated no less than (A) the Applicable Fitch Permitted Investment Rating by Fitch, (B)
the

 

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Applicable
Moody’s Permitted Investment Rating by Moody’s and (C) the Applicable DBRS Morningstar Permitted Investment Rating
by DBRS Morningstar (or, in the case of any such Rating Agency as set forth in clauses (A) through (C) above, such lower rating
as is the subject of a Rating Agency Confirmation by such Rating Agency); provided, however, that the investments
described in this clause must (x) have a predetermined fixed dollar amount of principal due at maturity that cannot vary or change,
(y) if such investments have a variable rate of interest, such interest rate must be tied to a single interest rate index plus
a fixed spread (if any) and must move proportionately with that index, and (z) such investments must not be subject to liquidation
prior to their maturity;

 

(v)          demand and time deposits in, or certificates of deposit of, or bankers’ acceptances issued by, any bank or trust company,
savings and loan association or savings bank, the obligations of which are rated no less than (A) the Applicable Fitch Permitted
Investment Rating by Fitch, (B) the Applicable Moody’s Permitted Investment Rating by Moody’s and (C) the Applicable
DBRS Morningstar Permitted Investment Rating by DBRS Morningstar (or, in the case of any such Rating Agency as set forth in clauses
(A) through (C) above, such lower rating as is the subject of a Rating Agency Confirmation by such Rating Agency); provided,
however, that the investments described in this clause must

 

(x)           have a predetermined fixed dollar amount of principal due at maturity that cannot vary or change, (y) if such investments have
a variable rate of interest, such interest rate must be tied to a single interest rate index plus a fixed spread (if any) and
must move proportionately with that index, and (z) such investments must not be subject to liquidation prior to their maturity;

 

(vi)          debt
obligations issued by an entity, the obligations of which are rated no less than (A) the Applicable Fitch Permitted
Investment Rating by Fitch, (B) the Applicable Moody’s Permitted Investment Rating by Moody’s and (C) the
Applicable DBRS Morningstar Permitted Investment Rating by DBRS Morningstar (or, in the case of any such Rating Agency as set
forth in clauses (A) through (C) above, such lower rating as is the subject of a Rating Agency Confirmation by such Rating
Agency); provided, however, that the investments described in this clause must (x) have a predetermined fixed
dollar amount of principal due at maturity that cannot vary or change, (y) if such investments have a variable rate of
interest, such interest rate must be tied to a single interest rate index plus a fixed spread (if any) and must move
proportionately with that index, and (z) such investments must not be subject to liquidation prior to their
maturity;

 

(vii)         commercial
paper (including both non-interest bearing discount obligations and interest bearing obligations) payable on demand or on a specified
date maturing in one (1) year or less from the date of acquisition thereof, issued by any corporation or other entity organized
under the laws of the United States or any state thereof, the obligations of which are rated no less than (A) the Applicable Fitch
Permitted Investment Rating by Fitch, (B) the Applicable Moody’s Permitted Investment Rating by Moody’s and (C) the
Applicable DBRS Morningstar Permitted Investment Rating by DBRS Morningstar (or, in the case of any such Rating Agency as set
forth in clauses (A) through (C) above, such lower rating as is the subject of a Rating Agency Confirmation by such Rating Agency);
provided, however, that the investments described in this clause must (x) have a predetermined fixed dollar of principal
due at maturity that cannot vary or change, (y) if

 

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such
investments have a variable rate of interest, such interest rate must be tied to a single interest rate index plus a fixed spread
(if any) and must move proportionately with that index, and (z) such investments must not be subject to liquidation prior to their
maturity;

 

(viii)        units of money market mutual funds, which funds are regulated investment companies and seek to maintain a constant net asset value
per share, so long as such funds are (A) rated by Fitch in its highest money market fund ratings category, (B) rated at least
“Aaa-mf” by Moody’s and (C) rated by DBRS Morningstar in its highest money market fund ratings category (or,
if not rated by any such Rating Agency, otherwise acceptable to such Rating Agency as confirmed in a Rating Agency Confirmation);

 

(ix)          any other demand, money market or time deposit, demand obligation or any other obligation, security or investment with respect
to which Rating Agency Confirmation or Companion Loan Rating Agency Confirmation, as applicable, has been obtained from each Rating
Agency and Companion Loan Rating Agency; and

 

(x)           such other demand, money market or time deposit, demand obligation or any other obligation, security or investment that, but for
the failure to satisfy one or more of the minimum rating(s) set forth in the applicable clause, would be listed in clauses (i)
through (ix) above, with respect to which a Rating Agency Confirmation or Companion Loan Rating Agency Confirmation, as applicable,
has been obtained from each Rating Agency and Companion Loan Rating Agency for which the minimum ratings set forth in the applicable
clause is not satisfied with respect to such demand, money market or time deposit, demand obligation or any other obligation,
security or investment;

 

provided,
however, that (A) such instrument continues to qualify as a “cash flow investment” pursuant to Code Section
860G(a)(6) earning a passive return in the nature of interest, (B) such instrument shall have an unqualified rating (i.e., one
with no qualifying suffix), with the exception of ratings with regulatory indicators, such as the “(sf)” subscript,
and unsolicited ratings, (C) such instrument shall have a predetermined fixed dollar of principal due at maturity that cannot
vary or change, and (D) no instrument or security shall be a Permitted Investment if (i) such instrument or security evidences
a right to receive only interest payments, (ii) the right to receive principal and interest payments derived from the underlying
investment provides a yield to maturity in excess of 120% of the yield to maturity at par of such underlying investment, (iii)
the rating for such instrument or security includes an “r” designation or (iv) if such instrument may be redeemed
at a price below the purchase price; and provided, further, that no amount beneficially owned by a Trust REMIC (even
if not yet deposited in the Trust) may be invested in investments (other than money market funds) treated as equity interests
for federal income tax purposes, unless the Master Servicer receives an Opinion of Counsel, at the expense of the party directing
such Permitted Investment, to the effect that such investment will not adversely affect the status of any Trust REMIC. Permitted
Investments may not be purchased at a price in excess of par.

 

“Permitted
Special Servicer/Affiliate Fees”: Any commercially reasonable treasury management fees, property condition report fees,
banking fees, title insurance and/or other insurance commissions and fees, title agency fees, and appraisal review fees received
or retained by the Special Servicer or any of its Affiliates in connection with any services performed by such

 

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party
with respect to any Serviced Loan or REO Property, in each case, in accordance with Article III of this Agreement.

 

“Permitted
Transferee”: With respect to a Class R Certificate, any Person or agent of such Person other than (a) a Disqualified
Organization, (b) any other Person so designated by the Certificate Registrar who is unable to provide an Opinion of Counsel (provided
at the expense of such Person or the Person requesting the transfer) to the effect that the transfer of an ownership interest
in any Class R Certificate to such Person will not cause any Trust REMIC to fail to qualify as a REMIC at any time that the Certificates
are outstanding, (c) a Disqualified Non-U.S. Tax Person, (d) an entity treated as a U.S. partnership if any of its partners, directly
or indirectly (other than through a U.S. corporation) is (or is permitted to be under the partnership agreement) a Disqualified
Non-U.S. Tax Person or (e) a U.S. Tax Person with respect to which income from a Class R Certificate is attributable to a foreign
permanent establishment or fixed base, within the meaning of an applicable income tax treaty, of the transferee or any other U.S.
Tax Person.

 

“Person”:
Any individual, corporation, limited liability company, partnership, joint venture, association, joint-stock company, trust, unincorporated
organization or government or any agency or political subdivision thereof.

 

“Plan”:
As defined in Section 5.03(n) of this Agreement.

 

“Plan
Investor”: As defined in Section 5.03(n) of this Agreement.

 

“Preliminary
Dispute Resolution Election Notice”: As defined in Section 2.03(g) of this Agreement.

 

“Preliminary
Prospectus”: The prospectus dated April 25, 2022, relating to the Public Certificates.

 

“Prepayment
Assumption”: The assumption that there will be zero prepayments with respect to the Mortgage Loans; provided,
that it is assumed that any ARD Mortgage Loan is prepaid in full on its Anticipated Repayment Date.

 

“Prepayment
Interest Excess”: With respect to any Distribution Date, for each Mortgage Loan or Serviced Loan Combination that was
subject to a Principal Prepayment in full or in part during the related Collection Period, which Principal Prepayment was applied
to such Mortgage Loan or Serviced Loan Combination after the related Due Date in such Collection Period, the amount of interest
(net of the related Servicing Fee and any related Excess Interest and Default Interest) that accrued on the amount of such Principal
Prepayment during the period commencing from such Due Date to, but not including, the date as of which such Principal Prepayment
was applied to the unpaid principal balance of the Mortgage Loan or Serviced Loan Combination (or any later date through which
interest accrues), to the extent collected from the related Mortgagor (without regard to any related Yield Maintenance Charge
actually collected) and, in the case of an Outside Serviced Mortgage Loan, remitted to the Trust Fund.

 

“Prepayment
Interest Shortfall”: With respect to any Distribution Date, for each Mortgage Loan or Serviced Loan Combination that
was subject to a Principal Prepayment in full or in part during the related Collection Period, which Principal Prepayment was
applied to such

 

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Mortgage
Loan or Serviced Loan Combination (with such prepayment allocated between the related Mortgage Loan and Serviced Companion Loan
in accordance with the related Co-Lender Agreement) prior to the related Due Date in such Collection Period, the amount of interest
(net of the related Servicing Fee and any related Excess Interest and Default Interest) to the extent not collected from the related
Mortgagor (without regard to any Yield Maintenance Charge that may be collected), that would have accrued on the amount of such
Principal Prepayment during the period commencing on the date as of which such Principal Prepayment was applied to the unpaid
principal balance of such Mortgage Loan or Serviced Loan Combination through the end of the one-month accrual period applicable
to such Due Date, inclusive.

 

“Primary
Collateral”: With respect to any Cross-Collateralized Mortgage Loan, any Mortgaged Property (or portion thereof) designated
as directly securing such Cross-Collateralized Mortgage Loan and excluding any Mortgaged Property (or portion thereof) as to which
the related lien may only be foreclosed upon by exercise of the cross-collateralization provisions of such Cross-Collateralized
Mortgage Loan.

 

“Prime
Rate”: The “Prime Rate” as published in the “Money Rates” section of The Wall Street Journal,
Eastern edition (or, if such section or publication is no longer available, such other comparable publication as determined by
the Certificate Administrator in its reasonable discretion) as may be in effect from time to time, or, if the “Prime Rate”
no longer exists, such other comparable rate (as determined by the Certificate Administrator in its reasonable discretion) as
may be in effect from time to time. The Certificate Administrator shall notify in writing the Master Servicer with regard to any
determination of the Prime Rate in accordance with the parenthetical in the preceding sentence.

 

“Principal
Balance Certificates”: The Certificates (other than the Class X, Class S and Class R Certificates), collectively.

 

“Principal
Distribution Amount”: With respect to any Distribution Date and the Non-Vertically Retained Principal Balance Certificates,
the sum of (i) the Non-Vertically Retained Percentage of the Aggregate Principal Distribution Amount for such Distribution Date
and (ii) the Principal Shortfall, if any, for such Distribution Date.

 

“Principal
Prepayment”: Any payment of principal made by a Mortgagor on a Mortgage Loan or Serviced Loan Combination which is received
in advance of its scheduled Due Date and which is not accompanied by an amount of interest representing the full amount of scheduled
interest due on any date or dates in any month or months subsequent to the month of prepayment other than any amount paid in connection
with the release of the related Mortgaged Property through defeasance.

 

“Principal
Shortfall”: For any Distribution Date, the amount, if any, by which (i) the Principal Distribution Amount for the preceding
Distribution Date exceeds (ii) the aggregate amount actually distributed with respect to principal on the Non-Vertically Retained
Principal Balance Certificates on such preceding Distribution Date in respect of such Principal Distribution Amount.

 

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“Private
Certificates”: The Class A-3-2, Class A-4-2, Class X-D, Class X-F, Class X-G, Class X-H, Class X-J, Class D, Class E,
Class F, Class G, Class H, Class J, Class VRR, Class S and Class R Certificates, collectively.

 

“Privileged
Information”: Any (i) correspondence or other communications between any Directing Holder or Consulting Party
(other than the Operating Advisor), on the one hand, and the Special Servicer, on the other hand, related to any Specially
Serviced Loan or the exercise of the consent or consultation rights of such Directing Holder or Consulting Party (other than
the Operating Advisor) under this Agreement or any Co-Lender Agreement, as applicable, (ii) strategically sensitive
information that the Special Servicer has reasonably determined (and has identified as privileged or confidential
information) could compromise the Trust Fund’s position in any ongoing or future negotiations with the related
Mortgagor or other interested party, and (iii) information subject to attorney-client privilege (that has been identified or
otherwise communicated as being subject to such privilege).

 

“Privileged
Information Exception”: With respect to any Privileged Information, at any time (a) such Privileged Information becomes
generally available and known to the public other than as a result of a disclosure directly or indirectly by the party restricted
from disclosing such Privileged Information (the “Restricted Party”), (b) it is reasonable and necessary for
the Restricted Party to disclose such Privileged Information in working with legal counsel, auditors, taxing authorities or other
governmental agencies, (c) such Privileged Information was already known to such Restricted Party and not otherwise subject to
a confidentiality obligation and/or (d) the Restricted Party is (in the case of the Master Servicer, the Special Servicer, the
Operating Advisor, the Certificate Administrator, any affected Serviced Companion Loan Holder, the Trustee and the Asset Representations
Reviewer, as evidenced by an Officer’s Certificate (which shall include a certification that it is based on the advice of
counsel) delivered to each of the Master Servicer, the Special Servicer, the applicable Directing Holder, the applicable Consulting
Parties, the Operating Advisor, the Certificate Administrator, the Trustee and the Asset Representations Reviewer) required by
law, rule, regulation, order, judgment or decree to disclose such information.

 

“Privileged
Person”: The Depositor and its designees, the Initial Purchasers, the Underwriters, the Mortgage Loan Sellers, the Master
Servicer, the Special Servicer, any Excluded Mortgage Loan Special Servicer, the Trustee, the Certificate Administrator, any Additional
Servicer designated by the Master Servicer or the Special Servicer, any Directing Holder, any Consulting Party, the Operating
Advisor, any Affiliate of the Operating Advisor designated by the Operating Advisor, the Asset Representations Reviewer, any affiliate
of the Asset Representations Reviewer designated by the Asset Representations Reviewer, any Companion Loan Holder that delivers
an Investor Certification (subject to the next sentence and the proviso to this sentence), any other Person who provides the Certificate
Administrator with an Investor Certification (subject to the next sentence and the proviso to this sentence), any Rating Agency,
and any other NRSRO that delivers a NRSRO Certification to the Certificate Administrator; provided that in no event shall
an Excluded Controlling Class Holder be entitled to Excluded Information with respect to a related Excluded Controlling Class
Mortgage Loan with respect to which it is a Borrower Party (but this exclusion shall not apply to any other Mortgage Loan). In
no event shall a Borrower Party (other than a Risk Retention Consultation Party if it is a Borrower Party) be considered a Privileged
Person; provided that the foregoing shall not be applicable to, nor limit, an Excluded

 

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Controlling
Class Holder’s right to access information with respect to any Mortgage Loan other than Excluded Information with respect
to a related Excluded Controlling Class Mortgage Loan. For the avoidance of doubt, each applicable Directing Holder, Controlling
Class Certificateholder and Consulting Party (other than the Risk Retention Consultation Party) and the Special Servicer shall,
at any given time, only be considered a Privileged Person with respect to any Mortgage Loans or Serviced Loan Combinations for
which it is not then a Borrower Party, and the limitations on access to information set forth in this Agreement will apply only
with respect to the related Mortgage Loan for which the applicable party is a Borrower Party and only with respect to the related
Excluded Information (in the case of the Directing Holder or a Controlling Class Certificateholder) or the related Excluded Special
Servicer Information (in the case of the Special Servicer).

 

“Property
Advance”: As to any Serviced Mortgage Loan, Serviced Loan Combination or REO Property (other than an REO Property
related to an Outside Serviced Mortgage Loan), any advance made by the Master Servicer or the Trustee in respect of Property
Protection Expenses, together with all other customary, reasonable and necessary “out-of-pocket” costs and
expenses (including attorneys’ fees and fees and expenses of real estate brokers) incurred by the Master Servicer, the
Special Servicer or the Trustee in connection with the servicing and administration of a Serviced Mortgage Loan or Serviced
Loan Combination, if a default is imminent thereunder or a default, delinquency or other unanticipated event has occurred
with respect thereto, or in connection with the administration of any REO Property (other than an REO Property related to an
Outside Serviced Mortgage Loan), including, but not limited to, the cost of (a) compliance with the obligations of the Master
Servicer, the Special Servicer or the Trustee, if any, set forth in Sections 2.03, 3.04 and 3.07 of this
Agreement, (b) the preservation, insurance, restoration, protection and management of a related Mortgaged Property, (c)
obtaining any Insurance Proceeds, Condemnation Proceeds or Liquidation Proceeds, (d) any enforcement or judicial proceedings
with respect to a related Mortgaged Property, including foreclosures, (e) any Appraisal or any other appraisal or update
thereof expressly permitted or required to be obtained hereunder and (f) the operation, management, maintenance and
liquidation of any such REO Property; provided that, notwithstanding anything to the contrary, “Property
Advances” shall not include allocable overhead of the Master Servicer, the Special Servicer or the Trustee, such as
costs for office space, office equipment, supplies and related expenses, employee salaries and related expenses and
similar internal costs and expenses, or costs and expenses incurred by any such party in connection with its purchase of any
Mortgage Loan or REO Property pursuant to any provision of this Agreement or an intercreditor agreement; and provided, further,
that, no Property Advances shall be made with regard to a Subordinate Companion Loan if the related Mortgage Loan is no
longer held by the Trust. Each reference to the payment or reimbursement of a Property Advance shall be deemed to include,
whether or not specifically referred to, payment or reimbursement of interest thereon at the Advance Rate from and including
the date of the making of such Advance to but excluding the date of payment or reimbursement. If and when used with respect
to an Outside Serviced Mortgage Loan or any related REO Property, the term “Property Advance” shall have the
meaning assigned thereto or to the term “Servicing Advance” in the applicable Outside Servicing
Agreement.

 

“Property
Protection Expenses”: Any costs and expenses incurred by the Master Servicer, the Special Servicer or the Trustee pursuant
to Section 3.04, 3.07, 3.10(f), 3.10(g) or

 

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3.17(b) or indicated herein as being a cost or expense of a Trust REMIC to be advanced by the Master Servicer or the Trustee, as applicable.

 

“Proposed
Course of Action Notice”: As defined in Section 2.03(g) of this Agreement. 

 

“Prospectus”:
The prospectus dated May 4, 2022, relating to the Public Certificates.

 

“PSA
Party Repurchase Request”: As defined in Section 2.03 of this Agreement. “PTCE”: Prohibited
Transaction Class Exemption.

 

“Public
Certificates”: The Class A-1, Class A-2, Class A-3-1, Class A-4-1, Class A-5, Class A-SB, Class X-A, Class A-S, Class
B and Class C Certificates.

 

“Public
Documents”: As defined in Section 4.02(a) of this Agreement.

 

“Public
Global Certificates”: A Global Certificate relating to a Class of Public Certificates.

 

“Purchase
Price”: With respect to any Mortgage Loan (or REO Property), a price equal to the sum of the following (without duplication):
(a) the outstanding principal balance of such Mortgage Loan (or the related REO Mortgage Loan) as of the time of purchase less
any portion of any Loss of Value Payment then on deposit in the Loss of Value Reserve Fund allocable to pay principal of such
Mortgage Loan (or REO Property); plus (b) all accrued and unpaid interest on the principal balance of such Mortgage Loan (or the
related REO Mortgage Loan), other than Default Interest or Excess Interest, at the related Mortgage Rate in effect from time to
time through the Due Date in the Collection Period of purchase; plus (c) all related unreimbursed Property Advances (including
any Property Advances and Advance Interest Amounts with respect thereto that were reimbursed out of general collections on the
Mortgage Loans) (or, in the case of an Outside Serviced Mortgage Loan, the pro rata portion of any similar amounts allocable
to such Mortgage Loan and payable with respect thereto pursuant to the related Co-Lender Agreement); plus (d) all accrued and
unpaid Advance Interest Amounts in respect of related Advances (or, in the case of an Outside Serviced Mortgage Loan, all such
amounts with respect to P&I Advances related to such Outside Serviced Mortgage Loan and, with respect to outstanding Property
Advances, the pro rata portion of any similar interest amounts payable with respect thereto pursuant to the related Co-Lender
Agreement); plus (e) to the extent not otherwise covered by clause (d) above, any Special Servicing Fees and any other Additional
Trust Fund Expenses outstanding or previously incurred in respect of the related Mortgage Loan; plus (f) if such Mortgage Loan
is being repurchased or substituted for by a Mortgage Loan Seller pursuant to Section 6 of the related Mortgage Loan Purchase
Agreement, all expenses incurred or to be incurred by the Master Servicer, the Special Servicer, the Depositor, the Certificate
Administrator and the Trustee in respect of the Material Defect giving rise to the repurchase or substitution obligation (to the
extent not otherwise included in the amounts described in clause (e) above); provided, however, that such expenses
shall not include expenses incurred by Certificateholders or Certificate Owners in instituting an Asset Review Vote Election,
in taking part in an Affirmative Asset Review Vote or in exercising such Certificateholder’s or Certificate Owner’s,
as applicable,

 

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rights
under the dispute resolution mechanics pursuant to Section 2.03(g) hereof; plus (g) to the extent not otherwise included
in the amount described in clause (e) above, any Liquidation Fee if and to the extent payable in accordance with the terms and
conditions of this Agreement; plus (h) any related Asset Representations Reviewer Asset Review Fee to the extent not previously
paid by the related Mortgage Loan Seller.

 

With
respect to any REO Property that relates to a Serviced Loan Combination, the Purchase Price for the Trust Fund’s interest
in such REO Property shall be the amount calculated in accordance with the first sentence of this definition in respect of the
related REO Mortgage Loan(s) and, solely for purposes of calculating fair prices under the final sentence of Section 3.17(k) of this Agreement, such amount shall be calculated as if the REO Mortgage Loan consisted of the REO Mortgage Loan and all
the related REO Companion Loan(s), if applicable.

 

“Qualified
Bidder”: As defined in Section 7.01(b) of this Agreement.

 

“Qualified
Institutional Buyer”: A “qualified institutional buyer” within the meaning of Rule 144A.

 

“Qualified
Insurer”: As used in Sections 3.08 and 5.10 of this Agreement, in the case of (i) all policies not referred
to in clause (ii) below, an insurance company or security or bonding company qualified to write the related insurance policy in
the relevant jurisdiction and whose claims paying ability is rated (a) at least “A” by Fitch (or, if not rated by
Fitch, an equivalent rating such as that listed above by at least two NRSROs (which may include S&P, DBRS Morningstar, Moody’s
and/or A.M. Best)), (b) at least “A3” by Moody’s (or, if not rated by Moody’s, then either (x) an equivalent
rating such as that listed above by at least two NRSROs (which may include DBRS Morningstar, S&P and/or Fitch) or one NRSRO
(which may include DBRS Morningstar, S&P and/or Fitch) and A.M. Best or (y) Moody’s has issued a Rating Agency Confirmation
with respect to such insurance company) and (c) at least “A(low)” by DBRS Morningstar (or, if not rated by DBRS Morningstar,
an equivalent rating by two other NRSROs) or (ii) in the case of the fidelity bond and the errors and omissions insurance required
to be maintained pursuant to Section 3.08(c) of this Agreement, a company that shall have a claims-paying ability rated
at least as follows by at least one of the following NRSROs: “A (low)” by DBRS Morningstar, “A-” by S&P,
“A-” by Fitch, “A3” by Moody’s or “A:X” by A.M. Best, or (iii) in either case, an insurance
company not satisfying the ratings criteria of any Rating Agency set forth in clause (i) or (ii), as applicable, but with respect
to which the Master Servicer or the Special Servicer, as applicable, has received a Rating Agency Confirmation from such Rating
Agency. “Qualified Insurer” shall also mean any entity that satisfies all of the criteria, other than the ratings
criteria, set forth in one of the foregoing clauses and whose obligations under the related insurance policy are guaranteed or
backed by an entity that satisfies the ratings criteria set forth in such clause (construed as if such entity were an insurance
company referred to therein).

 

“Qualified
Mortgage”: A Mortgage Loan that is a “qualified mortgage” within the meaning of Code Section 860G(a)(3)
(but without regard to the rule of Treasury Regulations Section 1.860G-2(f)(2) that causes a defective Mortgage Loan to be treated
as a “qualified mortgage”, or any substantially similar successor provision).

 

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“Qualified
Substitute Mortgage Loan”: A mortgage loan that must, on the date of substitution: (i) have an outstanding principal
balance, after application of all scheduled payments of principal and interest due during or prior to the month of substitution,
whether or not received, not in excess of the Stated Principal Balance of the deleted Mortgage Loan as of the Due Date in the
calendar month during which the substitution occurs; (ii) have a Mortgage Rate not less than the Mortgage Rate of the deleted
Mortgage Loan; (iii) have the same Due Date as and a grace period no longer than that of the deleted Mortgage Loan; (iv) accrue
interest on the same basis as the deleted Mortgage Loan (for example, on the basis of a 360-day year consisting of twelve 30-day
months); (v) have a remaining term to stated maturity not greater than, and not more than two years less than, the remaining term
to stated maturity of the deleted Mortgage Loan; (vi) have a then-current loan-to-value ratio equal to or less than the lesser
of (a) the loan-to-value ratio of the deleted Mortgage Loan as of the Cut-Off Date and (b) 75%, in each case using the “value”
for the Mortgaged Property as determined using an Appraisal; (vii) comply (except in a manner that would not be adverse to the
interests of the Certificateholders or the Uncertificated VRR Interest Owners) as of the date of substitution in all material
respects with all of the representations and warranties set forth in the applicable Mortgage Loan Purchase Agreement; (viii) have
an environmental report that indicates no material adverse environmental conditions with respect to the related Mortgaged Property
and which will be delivered as a part of the related Servicing File; (ix) have a then-current debt service coverage ratio at least
equal to the greater of (a) the debt service coverage ratio of the deleted Mortgage Loan as of the Closing Date and (b) 1.25x;
(x) constitute a “qualified replacement mortgage” within the meaning of Code Section 860G(a)(4) as evidenced by an
Opinion of Counsel (provided at the applicable Mortgage Loan Seller’s expense); (xi) not have a maturity date or an amortization
schedule that extends to a date that is after the date that is five years prior to the Rated Final Distribution Date; (xii) have
prepayment restrictions comparable to those of the deleted Mortgage Loan; (xiii) not be substituted for a deleted Mortgage Loan
unless the Trustee and the Certificate Administrator have received a prior Rating Agency Confirmation (the cost, if any, of obtaining
such Rating Agency Confirmation to be paid by the applicable Mortgage Loan Seller); (xiv) have been approved, so long as a Consultation
Termination Event has not occurred and is not continuing, by the Controlling Class Representative; (xv)    
prohibit defeasance within two years of the Closing Date; (xvi) not be substituted for a deleted Mortgage Loan if it would result
in the termination of the REMIC status of any Trust REMIC or the imposition of tax on any Trust REMIC other than a tax on income
expressly permitted or contemplated to be imposed by the terms of this Agreement, as determined by an Opinion of Counsel; (xvii)
have an engineering report with respect to the related Mortgaged Property that will be delivered as a part of the related Servicing
File; (xviii) be current in the payment of all scheduled payments of principal and interest then due; and (xix) not be an ARD
Mortgage Loan unless the Mortgage Loan for which it is being substituted is an ARD Mortgage Loan. In the event that more than
one mortgage loan is substituted for a deleted Mortgage Loan or Mortgage Loans, then (x) the amounts described in clause (i) above
shall be determined on the basis of aggregate principal balances and (y) each such proposed Qualified Substitute Mortgage Loan
shall individually satisfy each of the requirements specified in clauses (ii) through (xviii) above, except that the rates described
in clause (ii) above and the remaining term to stated maturity referred to in clause (v) above shall be determined on a weighted
average basis; provided that no individual Mortgage Rate (net of the Administrative Cost Rate) shall be lower than the
highest fixed Pass-Through Rate (and not based on, or subject to a cap equal to, the WAC Rate) of any Class of Non-Vertically
Retained Principal Balance Certificates having a Certificate Balance then outstanding. When a Qualified

 

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Substitute
Mortgage Loan is substituted for a deleted Mortgage Loan, the applicable Mortgage Loan Seller shall certify that the replacement
Mortgage Loan(s) meet(s) all of the requirements of the above definition and shall send such certification to the Certificate
Administrator and the Trustee and, so long as a Consultation Termination Event has not occurred and is not continuing, the Controlling
Class Representative.

 

“Rated
Final Distribution Date”: With respect to the rated Certificates, the Distribution Date occurring in May 2055.

 

“Rating
Agency”: Each of Fitch, Moody’s and DBRS Morningstar or their successors in interest. If no such rating agency
nor any successor thereof remains in existence, “Rating Agency” shall be deemed to refer to such nationally recognized
statistical rating organization or other comparable Person reasonably designated by the Depositor, notice of which designation
shall be given to the Trustee, the Certificate Administrator, the Special Servicer and the Master Servicer, and specific ratings
of Fitch, Moody’s and DBRS Morningstar herein referenced shall be deemed to refer to the equivalent ratings (as reasonably
determined by the Depositor) of the party so designated. References herein to the highest long-term unsecured debt rating category
of Fitch, Moody’s and DBRS Morningstar shall mean “AAA” with respect to Fitch and DBRS Morningstar and “Aaa”
with respect to Moody’s, and, in the case of any other rating agency, shall mean such highest rating category without regard
to any plus or minus or numerical qualification.

 

“Rating
Agency Confirmation”: With respect to any matter, confirmation in writing (which may be in electronic form) by each
applicable Rating Agency that a proposed action, failure to act or other event so specified will not, in and of itself, result
in the downgrade, withdrawal or qualification of the then-current rating assigned to any Class of Certificates (if then rated
by the Rating Agency); provided that upon receipt of a written waiver or other acknowledgment from any applicable Rating
Agency indicating its decision not to review or declining to review the matter for which the Rating Agency Confirmation is sought
(such written notice, a “Rating Agency Declination”), or as otherwise provided in Section 3.30 of this
Agreement, the requirement for the Rating Agency Confirmation from the applicable Rating Agency with respect to such matter shall
be deemed to have been satisfied.

 

“Rating
Agency Declination”: As defined in the definition of “Rating Agency Confirmation” in this Agreement.

 

“Realized
Loss”: With respect to any Distribution Date:

 

(a)           with respect to the Non-Vertically Retained Principal Balance Certificates and the Corresponding Lower-Tier Regular Interests
for such Certificates, the amount, if any, by which (i) the aggregate Certificate Balance of all Classes of Non-Vertically Retained
Principal Balance Certificates, after giving effect to distributions of principal on such Distribution Date, exceeds (ii) the
product of (A) the Non-Vertically Retained Percentage and (B) the aggregate Stated Principal Balance of the Mortgage Loans (including
any REO Mortgage Loans) expected to be outstanding immediately following such Distribution Date (for purposes of this calculation
only, not giving effect to any reductions of such aggregate Stated Principal Balance for principal payments received on

 

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the
Mortgage Loans that were used to reimburse the Master Servicer, the Special Servicer or the Trustee from general collections of
principal on the Mortgage Loans for Workout Delayed Reimbursement Amounts, to the extent such Workout Delayed Reimbursement Amounts
are not otherwise determined to be Nonrecoverable Advances); and

 

(b)           with respect to the Combined VRR Interest, the Class VRR Upper-Tier Regular Interest and the Class LVRR Lower-Tier Regular Interest,
the amount, if any, by which (i) the Combined VRR Interest Balance, after giving effect to distributions of principal on such
Distribution Date, exceeds (ii) the product of (A) the Vertically Retained Percentage and (B) the aggregate Stated Principal Balance
of the Mortgage Loans (including any REO Mortgage Loans) expected to be outstanding immediately following such Distribution Date
(for purposes of this calculation only, not giving effect to any reductions of such aggregate Stated Principal Balance for principal
payments received on the Mortgage Loans that were used to reimburse the Master Servicer, the Special Servicer or the Trustee from
general collections of principal on the Mortgage Loans for Workout Delayed Reimbursement Amounts, to the extent such Workout Delayed
Reimbursement Amounts are not otherwise determined to be Nonrecoverable Advances).

 

The
allocation of Realized Losses may be reversed as provided in Section 4.01(g) of this Agreement.

 

“Record
Date”: With respect to each Distribution Date and each Class of Certificates, the last Business Day of the month preceding
the month in which that Distribution Date occurs.

 

“Registered
Rating Agency”: (a) Any Rating Agency that has registered as a user of the Rule 17g-5 Information Provider’s Website;
or (b) any NRSRO other than the Rating Agencies (i) that has registered as a user of the Rule 17g-5 Information Provider’s
Website and (ii) with respect to which the Rule 17g-5 Information Provider has received
an NRSRO Certification pursuant to Section 12.13(h) of this Agreement.

 

“Regular
Certificates”: The Non-Vertically Retained Regular Certificates and, to the extent they represent a portion of the Class
VRR Upper-Tier Regular Interest, the Class VRR Certificates, collectively.

 

“Regulation
AB”: Subpart 229.1100 – Asset Backed Securities (Regulation AB), 17 C.F.R. §§229.1100-229.1125, as such
rules may be amended from time to time, and subject to such clarification and interpretation as have been provided by the Commission
or by the staff of the Commission, or as may be provided by the Commission or its staff from time to time, in each case as effective
from time to time as of the compliance dates specified therein.

 

“Regulation
RR”: The final credit risk retention rules issued by the Office of the Comptroller of the Currency (appearing at 12
C.F.R. § 43.1, et seq.), the Securities and Exchange Commission (appearing at 17 C.F.R. § 246.1, et seq.)
and the Board of Governors of the Federal Reserve System (appearing at 12 C.F.R. § 244.1, et seq.), in each case as
applicable to any particular matter arising hereunder, that adopted the joint final rule promulgated by the Regulatory Agencies
(appearing at 79 F.R. 77601; pages 77740-77766) to implement the credit risk retention

 

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requirements
of Section 15G of the Securities Exchange Act of 1934, as added by Section 941 of the Dodd-Frank Wall Street Reform and Consumer
Protection Act, as such rule may be amended from time to time, and subject to such clarification and interpretation as have been
provided by the Regulatory Agencies in the adopting release (79 FR 77601 et seq.) or by the staff of any such agency, or
as may be provided by any such agency or its staff from time to time, in each case, as effective from time to time.

 

“Regulation
RR Other PSA”: As defined in Section 3.28(e) of this Agreement. “Regulation S”: Regulation
S under the Act.

 

“Regulation
S Global Certificates”: As defined in Section 5.02(c)(i) of this Agreement.

 

“Regulation
S Investor”: With respect to a transferee of a Regulation S Global Certificate, a transferee that acquires such Certificate
pursuant to Regulation S.

 

“Regulation S-K”: Regulation S-K under the Act.

 

“Regulatory
Agencies”: The Office of the Comptroller of the Currency; the Board of Governors of the Federal Reserve System; the
Federal Deposit Insurance Corporation; the Federal Housing Finance Agency; the Securities and Exchange Commission; and the Department
of Housing and Urban Development.

 

“Relevant
Distribution Date”: With respect to (a) any Significant Obligor with respect to the Trust, the Distribution Date, and
(b) any Significant Obligor with respect to an Other Securitization Trust, the “Distribution Date” (or an analogous
concept) under the related Other Pooling and Servicing Agreement.

 

“Relevant
Servicing Criteria”: The Servicing Criteria applicable to a specific party, as set forth on Exhibit O to this
Agreement. For clarification purposes, multiple parties can have responsibility for the same Relevant Servicing Criteria. With
respect to a Servicing Function Participant engaged by the Master Servicer, the Special Servicer or the Certificate Administrator,
the term “Relevant Servicing Criteria” may refer to a portion of the Relevant Servicing Criteria applicable to the
Master Servicer, the Special Servicer or the Certificate Administrator.

 

“Remaining
Certificateholder”: Any Holder (or Holders provided they act in unanimity) holding 100% of the Certificates (other than
the Class S and Class R Certificates) or an assignment of the voting rights thereof, together with the Uncertificated VRR Interest
Owners; provided, however, that the Certificate Balances of the Class A-1, Class A-2, Class A-3-1, Class A-3-2,
Class A-4-1, Class A-4-2, Class A-5, Class A-SB, Class A-S, Class B, Class C, Class D and Class E Certificates and the Notional
Amounts of the Class X-A and Class X-D Certificates have been reduced to zero.

 

“REMIC”:
A “real estate mortgage investment conduit” within the meaning of Code Section 860D.

 

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“REMIC
Provisions”: Provisions of the federal income tax law relating to real estate mortgage investment conduits, which appear
at Section 860A through 860G of subchapter M of chapter 1 of the Code, and related provisions, and regulations (including any
applicable proposed regulations) and rulings promulgated thereunder, as the foregoing may be in effect from time to time.

 

“Rents
from Real Property”: With respect to any REO Property, gross income of the character described in Code Section 856(d),
which income, subject to the terms and conditions of that Section of the Code in its present form, does not include:

 

(1)           except as provided in Code Section 856(d)(4) or (6), any amount received or accrued, directly or indirectly, with respect to such
REO Property, if the determination of such amount depends in whole or in part on the income or profits derived by any Person from
such property (unless such amount is a fixed percentage or percentages of receipts or sales and otherwise constitutes Rents from
Real Property);

 

(2)           any amount received or accrued, directly or indirectly, from any Person if the Trust Fund owns directly or indirectly (including
by attribution) a ten percent or greater interest in such Person determined in accordance with Code Sections 856(d)(2)(B) and
(d)(5);

 

(3)           any amount received or accrued, directly or indirectly, with respect to such REO Property if any Person Directly Operates such
REO Property;

 

(4)           any amount charged for services that are not customarily furnished in connection with the rental of property to tenants in buildings
of a similar class in the same geographic market as such REO Property within the meaning of Treasury Regulations Section 1.856-4(b)(1)
(whether or not such charges are separately stated); and

 

(5)           rent attributable to personal property unless such personal property is leased under, or in connection with, the lease of such
REO Property and, for any taxable year of the Trust Fund, such rent is no greater than 15 percent of the total rent received or
accrued under, or in connection with, the lease.

 

“REO
Account”: A segregated custodial account or accounts created and maintained, with respect to each REO Property relating
to a Mortgage Loan (other than any Outside Serviced Mortgage Loan) or any Serviced Loan Combination, by KeyBank National Association,
as the Special Servicer pursuant to Section 3.16 of this Agreement on behalf of the Trustee in trust for the Certificateholders,
the Uncertificated VRR Interest Owners and any related Serviced Companion Loan Holders, which (subject to any change in the identities
of such Special Servicer and/or the Trustee) shall be entitled KeyBank National Association, as Special Servicer, on behalf of
Wilmington Trust, National Association, as Trustee, for the benefit of the registered Holders of Benchmark 2022-B35 Mortgage Trust,
Commercial Mortgage Pass-Through Certificates, Series 2022-B35, the Uncertificated VRR Interest Owners and the related Companion
Loan Holders, as their interests may appear--REO Account”. Any such account or accounts shall be an Eligible Account.

 

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“REO
Companion Loan”: Any Serviced Companion Loan if the related Mortgaged Property has become an REO Property.

 

“REO
Extension”: As defined in Section 3.16(a) of this Agreement.

 

“REO
Loan”: An REO Mortgage Loan, REO Companion Loan or REO Loan Combination, as the context may require.

 

“REO
Loan Combination”: Any Serviced Loan Combination as to which the related Mortgaged Property has become an REO Property.

 

“REO
Mortgage Loan”: Any Mortgage Loan as to which the related Mortgaged Property has become an REO Property (including an
REO Property consisting of the Trust’s beneficial interest in a Mortgaged Property acquired upon a foreclosure or deed-in-lieu
of foreclosure of any of the Outside Serviced Mortgage Loans under the applicable Outside Servicing Agreement; for the avoidance
of doubt, any such beneficial interest will not be serviced by the Special Servicer under this Agreement).

 

“REO
Proceeds”: With respect to any REO Property (other than an REO Property related to an Outside Serviced Mortgage Loan)
and the related REO Mortgage Loan and REO Companion Loan, all revenues received by the Special Servicer with respect to such REO
Property, REO Mortgage Loan or REO Companion Loan which do not constitute Liquidation Proceeds. In the case of an Outside Serviced
Mortgage Loan that has become an REO Mortgage Loan and in the case of the related REO Property, “REO Proceeds” under
this Agreement shall be limited to any proceeds of the type described above in this definition that are received by the Trust
Fund in connection with such Outside Serviced Mortgage Loan, pursuant to the allocations set forth in the related Co-Lender Agreement.

 

“REO
Property”: A Mortgaged Property as to which title has been acquired on behalf of the Trust Fund and any related Serviced
Companion Loan Holder through foreclosure, deed-in-lieu of foreclosure or otherwise; provided that a Mortgaged Property
that secures an Outside Serviced Mortgage Loan shall constitute an REO Property if and when it is acquired under the applicable
Outside Servicing Agreement on behalf of the Trustee for the benefit of the Trust Fund as the holder of such Outside Serviced
Mortgage Loan and of the related Companion Loan Holder(s) through foreclosure, acceptance of a deed-in-lieu of foreclosure or
otherwise in accordance with applicable law in connection with a default or imminent default of such Outside Serviced Mortgage
Loan.

 

“Reportable
Event”: As defined in Section 10.07 of this Agreement.

 

“Reporting Servicer”: As defined in
Section 10.09(a) of this Agreement.

 

“Repurchase”: As defined in Section 2.03(a) of this Agreement.

 

“Repurchase
Communication”: For purposes of Sections 2.03(a) and 3.01(c) of this Agreement only, any communication,
whether oral or written, which need not be in any specific form.

 

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“Repurchase
Request”: A Certificateholder Repurchase Request, a PSA Party Repurchase Request or any other Repurchase Communication
of a request or demand for repurchase or replacement of any Mortgage Loan alleging a Document Defect or Breach with respect to
such Mortgage Loan.

 

“Repurchase
Request Rejection”: As defined in Section 2.03(a) of this Agreement.

 

“Repurchase Request Withdrawal”:
As defined in Section 2.03(a) of this Agreement.

 

“Request
for Release”: A request for a release signed by a Servicing Officer, substantially in the form of Exhibit C hereto.

 

“Requesting
Certificateholder”: (i) The Initial Requesting Certificateholder, if any, or (ii) any other Certificateholder or Certificate
Owner (other than a holder of the Class VRR Certificates) that, in each case, is exercising its rights under Section 2.03(g) of this Agreement to refer a matter involving a Repurchase Request to either mediation or arbitration; provided that
a Holder of a Class VRR Certificate may not be a Requesting Certificateholder.

 

“Requesting
Holders”: As defined in Section 3.10(a) of this Agreement. “Requesting Party”: As defined
in Section 3.30(a) of this Agreement.

 

“Residual
Ownership Interest”: Any record or beneficial interest in the Class R Certificates.

 

“Resolution
Failure”: As defined in Section 2.03(f) of this Agreement.

 

“Resolved”:
With respect to a Repurchase Request, means that (i) the related Material Defect has been cured, (ii) the related Mortgage Loan
has been repurchased in accordance with the related Mortgage Loan Purchase Agreement, (iii) a mortgage loan has been substituted
for the related Mortgage Loan in accordance with the related Mortgage Loan Purchase Agreement, (iv) the applicable Mortgage Loan
Seller has made a Loss of Value Payment, (v) a contractually binding agreement has been entered into between the Enforcing Servicer,
on behalf of the Trust, and the related Mortgage Loan Seller that settles the related Mortgage Loan Seller’s obligations
under the related Mortgage Loan Purchase Agreement, or (vi) the related Mortgage Loan is no longer property of the Trust as a
result of a sale or other disposition in accordance with this Agreement.

 

“Responsible
Officer”: When used with respect to (i) the Trustee, any officer of the Corporate Trust Office of the Trustee (and,
in the event that the Trustee is the Certificate Registrar or the Paying Agent, of the Certificate Registrar or the Paying Agent,
as applicable) assigned to the Corporate Trust Office with direct responsibility for the administration of this Agreement and
also, with respect to a particular matter, any other officer to whom such matter is referred because of such officer’s knowledge
of and familiarity with the particular subject and (ii) the Certificate Administrator, any officer assigned to the Corporate Trust
Services group, with direct responsibility for the administration of this Agreement and also, with respect to a particular matter,
any other officer to whom a particular matter is referred by the Certificate Administrator

 

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because
of such officer’s knowledge of and familiarity with the particular subject. When used with respect to any Certificate Registrar
(other than the Trustee or the Certificate Administrator), any officer or assistant officer thereof.

 

“Restricted
Group”: Collectively, the following persons and entities: the Trustee; the Underwriters; the Depositor; the Master Servicer;
the Special Servicer; any Sub-Servicers; the Sponsors; each Mortgagor, if any, with respect to Mortgage Loans constituting more
than 5% of the total unamortized principal balance of all the Mortgage Loans in the Trust Fund as of the Closing Date; and any
and all Affiliates of any of the aforementioned Persons.

 

“Restricted
Party”: As defined in the definition of “Privileged Information Exception” in this Agreement.

 

“Restricted
Period”: As defined in Section 5.02(c)(i) of this Agreement.

 

“Retained Defeasance Rights and Obligations”:
As defined in Section 3.09(d)(ii) of this Agreement.

 

“Retained
Defeasance Rights and Obligations Mortgage Loan”: As defined in Section 3.09(d)(ii) of this Agreement.

 

“Retained
Interest Safekeeping Account”: An account maintained by the Certificate Administrator, which account shall be deemed
to be owned by the Holder(s) of the Risk Retention Certificates in proportion equal to their respective ownership interests in
such Risk Retention Certificates.

 

“Retaining
Party”: Each of CREFI as holder of the VRR1 Interest and GS Bank as holder of the VRR2 Interest and any successor holder
of all or part of the VRR1 Interest or the VRR2 Interest.

 

“Retaining
Sponsor”: CREFI, acting as retaining sponsor as such term is defined under Rule 2 of Regulation RR.

 

“Review
Materials”: As defined in Section 11.01(b)(i).

 

“Review
Package”: A package of documents consisting of a memorandum outlining the analysis and recommendation (in accordance
with the Servicing Standard) of the Master Servicer or the Special Servicer, as the case may be, with respect to the matters that
are the subject thereof, and copies of all relevant documentation.

 

“Revised
Rate”: With respect to any ARD Mortgage Loan, the increased interest rate after the Anticipated Repayment Date (in the
absence of a default) for such ARD Mortgage Loan, as calculated and as set forth in the related Loan Agreement.

 

“Risk
Retention Certificate”: Any Class VRR Certificate.

 

“Risk
Retention Consultation Party”: Each of (i) the party selected by CREFI and (ii) the party selected by GS Bank. The Certificate
Administrator shall promptly provide the name

 

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and
contact information for the initial Risk Retention Consultation Parties upon request of any party to this Agreement and any such
requesting party may conclusively rely on the name and contact information provided by the Certificate Administrator. The other
parties hereto shall be entitled to assume, without independent investigation or verification, that the identity of any Risk Retention
Consultation Party has not changed until such parties receive written notice of (including the identity of and contact information
for) a replacement of such Risk Retention Consultation Party from CREFI (in the case of the VRR1 Risk Retention Consultation Party)
or GS Bank (in the case of the VRR2 Risk Retention Consultation Party). Notwithstanding the foregoing, no Risk Retention Consultation
Party shall have any consultation rights with respect to any Excluded RRCP Mortgage Loan with respect thereto. The initial VRR1
Risk Retention Consultation Party shall be CREFI and the initial VRR2 Risk Retention Consultation Party shall be GSMC.

 

“Rule
144A”: Rule 144A under the Act.

 

“Rule
144A Global Certificates”: As defined in Section 5.02(c)(ii) of this Agreement.

 

“Rule
15Ga-1”: Rule 15Ga-1 under the Exchange Act.

 

“Rule
15Ga-1 Notice”: As defined in Section 2.03(a) of this Agreement.

 

“Rule
15Ga-1 Notice Provider”: As defined in Section 2.03(a) of this Agreement. “Rule 17g-5”: Rule
17g-5 under the Exchange Act.

 

“Rule
17g-5 Information Provider”: The Certificate Administrator acting in such capacity under this Agreement.

 

“Rule
17g-5 Information Provider’s Website”: The website established and maintained by the Rule 17g-5 Information Provider
pursuant to Section 12.06 and Section 12.13 of this Agreement, initially located at www.ctslink.com, under
the “NRSRO” tab for the related transaction.

 

“S&P”:
S&P Global Ratings, a Standard & Poor’s Financial Services LLC business, or its successors in interest. If neither
S&P nor any successor remains in existence, “S&P” shall be deemed to refer to such other nationally recognized
statistical rating agency or other comparable Person reasonably designated by the Depositor, notice of which designation shall
be given to the Trustee, the Certificate Administrator, the Master Servicer and the Special Servicer and specific ratings of S&P
herein referenced shall be deemed to refer to the equivalent ratings (as reasonably determined by the Depositor) of the party
so designated.

 

“Sarbanes-Oxley
Act”: The Sarbanes-Oxley Act of 2002 and the rules and regulations of the Commission promulgated thereunder (including
any interpretations thereof by the Commission’s staff).

 

“Sarbanes-Oxley
Certification”: As defined in Section 10.05(a)(iv) of this Agreement.

 

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“Schedule
AL Additional File”: With respect to each CREFC® Schedule AL File prepared by the Master Servicer pursuant
to Section 4.02(b), any data file containing additional information or schedules regarding data points in such CREFC®
Schedule AL File required by Items 1111(h)(4) and/or 1111(h)(5) of Regulation AB and Item 601(b)(103) of Regulation S-K.

 

“Scheduled
Principal Distribution Amount”: With respect to each Distribution Date, an amount equal to the aggregate of the principal
portions of:

 

(A)          all Monthly Payments (which do not include Balloon Payments) with respect to the Mortgage Loans (including any REO Mortgage Loans)
due or deemed due during or, if and to the extent not previously received or advanced pursuant to Section 4.06 and distributable
to Certificateholders or the Uncertificated VRR Interest Owners on a preceding Distribution Date, prior to the related Collection
Period, in each case to the extent either (i) paid by the Mortgagor as of the Determination Date (or, in the case of an Outside
Serviced Mortgage Loan, received by the Master Servicer as of the Business Day immediately preceding the related Master Servicer
Remittance Date) or (ii) advanced by the Master Servicer or the Trustee, as applicable, pursuant to Section 4.06 in respect
of such Distribution Date); and

 

(B)          all Balloon Payments with respect to the Mortgage Loans (including any REO Mortgage Loans) to the extent received during the related
Collection Period (or, in the case of an Outside Serviced Mortgage Loan, received by the Master Servicer as of the Business Day
immediately preceding the related Master Servicer Remittance Date), and to the extent not included in clause (A) above for the
subject Distribution Date and not previously received or advanced and distributable to Certificateholders or the Uncertificated
VRR Interest Owners on a preceding Distribution Date.

 

For
purposes of clarification, the Scheduled Principal Distribution Amount from time to time shall include all late payments of principal
made by the Mortgagors with respect to the Mortgage Loans, including late payments in respect of a delinquent Balloon Payment,
received during the periods or by the times described above in this definition, except to the extent those late payments are otherwise
applied to reimburse the Master Servicer or the Trustee, as the case may be, for prior P&I Advances, pursuant to Section
3.06(a) and Section 3.06A(a).

 

“Secure
Data Room”: The “Diligence Files” tab on the page relating to this transaction located within the Certificate
Administrator’s Website (initially “www.ctslink.com”).

 

“Service(s)”
or “Servicing”: In accordance with Regulation AB, the act of servicing, managing or administering the Mortgage
Loans or any other assets of the Trust by an entity (other than the Certificate Administrator and the Trustee) that meets the
definition of “servicer” set forth in Item 1101 of Regulation AB and is subject to the disclosure requirements set
forth in Item 1108 of Regulation AB. For clarification purposes, any uncapitalized occurrence of this term shall have the meaning
commonly understood by participants in the commercial mortgage-backed securities market.

 

“Serviced
AB Loan Combination”: A Serviced Loan Combination that includes a Subordinate Companion Loan. For avoidance of doubt,
there is no Serviced AB Loan

 

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Combination
relating to the Trust and all references in this Agreement to “Serviced AB Loan Combination” shall be disregarded.

 

“Serviced
Companion Loan”: A Companion Loan that is part of a Serviced Loan Combination. With respect to each Servicing Shift
Mortgage Loan and the related Servicing Shift Loan Combination, each related Companion Loan will no longer be a Serviced Companion
Loan on and after the related Servicing Shift Date.

 

“Serviced
Companion Loan Holder”: The holder of a Serviced Companion Loan.

 

“Serviced Companion Loan Holder Register”:
As defined in Section 3.28(g).

 

“Serviced Companion Loan Securities”: Any commercial mortgage-backed
securities that evidence an interest in or are secured by the assets of an Other Securitization Trust, which assets include a
Serviced Companion Loan (or a portion thereof or interest therein).

 

“Serviced
Loan”: A Serviced Mortgage Loan or Serviced Companion Loan.

 

“Serviced
Loan Combination”: A Loan Combination that is being serviced pursuant to this Agreement. The only Serviced Loan Combinations
related to the Trust as of the Closing Date are the Loan Combinations as to which “Serviced” is set forth in the Loan
Combination Table under the column heading “Servicing Type,” together with any Servicing Shift Loan Combinations.
A Servicing Shift Loan Combination will no longer be a Serviced Loan Combination on and after the related Servicing Shift Date.

 

“Serviced
Loan Combination Remittance Date”: With respect to any Serviced Companion Loan: (i) the date specified as the applicable
“remittance date” (or analogous concept) in the related Co-Lender Agreement; or (ii) if no such applicable “remittance
date” (or analogous concept) is so specified in the related Co-Lender Agreement, then, if such Serviced Companion Loan is
not included in an Other Securitization Trust, the Master Servicer Remittance Date and, if such Serviced Companion Loan is included
in an Other Securitization Trust, the Business Day immediately following the “determination date” (or analogous concept)
set forth in the related Other Pooling and Servicing Agreement.

 

“Serviced
Mortgage Loan”: A Mortgage Loan that is not an Outside Serviced Mortgage Loan.

 

“Serviced
Outside Controlled Loan Combination”: A Serviced Loan Combination with respect to which the related “controlling
note” (regardless of whether such note evidences a Pari Passu Companion Loan or a Subordinate Companion Loan) is not an
asset of the Trust. Each Servicing Shift Loan Combination will be a Serviced Outside Controlled Loan Combination prior to the
related Servicing Shift Date. Each Servicing Shift Loan Combination will cease to be a Serviced Outside Controlled Loan Combination
from and after the related Servicing Shift Date. Each Serviced AB Loan Combination will be a Serviced Outside Controlled Loan
Combination for so long as a related Subordinate Companion Loan is evidenced by the “control note” (or analogous concept),
or the holder of a related Subordinate Companion Loan is the “directing holder” (or analogous concept), under the
related Co-Lender Agreement.

 

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“Serviced
Outside Controlled Mortgage Loan”: With respect to a Serviced Outside Controlled Loan Combination, the related Serviced
Mortgage Loan included in the Trust, which is evidenced by one or more non-controlling promissory notes made by the related Mortgagor.
Each Servicing Shift Mortgage Loan will be a Serviced Outside Controlled Mortgage Loan prior to the related Servicing Shift Date.
Each Servicing Shift Mortgage Loan will cease to be a Serviced Outside Controlled Mortgage Loan on and after the related Servicing
Shift Date. The Mortgage Loan included in a Serviced AB Loan Combination will be a Serviced Outside Controlled Mortgage Loan for
so long as a related Subordinate Companion Loan is evidenced by the “control note” (or analogous concept), or the
holder of a related Subordinate Companion Loan is the “directing holder” (or analogous concept), under the related
Co-Lender Agreement.

 

“Serviced
Pari Passu Companion Loan”: A Pari Passu Companion Loan that is part of a Serviced Loan Combination. With respect to
each Servicing Shift Mortgage Loan and the related Servicing Shift Loan Combination, each related Pari Passu Companion Loan will
cease to be a Serviced Pari Passu Companion Loan on and after the related Servicing Shift Date.

 

“Serviced
Pari Passu Companion Loan Holder”: A holder of a Serviced Pari Passu Companion Loan.

 

“Serviced
Pari Passu Loan Combination”: A Pari Passu Loan Combination that is a Serviced Loan Combination. Each Servicing Shift
Loan Combination will cease to be a Serviced Pari Passu Loan Combination on and after the related Servicing Shift Date.

 

“Serviced
Subordinate Companion Loan”: A Subordinate Companion Loan that is part of a Serviced AB Loan Combination. For avoidance
of doubt, there are no Serviced Subordinate Companion Loans related to the Trust and references in this Agreement to “Serviced
Subordinate Companion Loan” shall be disregarded.

 

“Serviced
Subordinate Companion Loan Holder”: A holder of a Serviced Subordinate Companion Loan. For avoidance of doubt, there
are no Serviced Subordinate Companion Loan Holders related to the Trust and references in this Agreement to “Serviced Subordinate
Companion Loan Holder” shall be disregarded.

 

“Servicer”:
As defined in Section 10.02(b) of this Agreement.

 

“Servicer
Indemnified Party”: As defined in Section 8.05(c) of this Agreement.

 

“Servicer Termination Event”:
As defined in Section 7.01 of this Agreement.

 

“Servicing Criteria”: The criteria set forth in paragraph
(d) of Item 1122 of Regulation AB, as such may be amended from time to time.

 

“Servicing
Fee”: With respect to each Mortgage Loan (including each Mortgage Loan that is a Specially Serviced Loan and each Outside
Serviced Mortgage Loan), each REO Mortgage Loan, each Serviced Companion Loan (including each Serviced Companion Loan that is
a Specially Serviced Loan) and each REO Companion Loan that is included as part of a Serviced Loan Combination and for any Distribution
Date, the amount accrued during the related Interest Accrual Period at the related Servicing Fee Rate on, in the case of the initial
Distribution Date, the

 

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Cut-Off
Date Balance and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan, REO Mortgage
Loan, Serviced Companion Loan or REO Companion Loan, as the case may be, as of the close of business on the Distribution Date
in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same
interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan or Serviced
Loan Combination is computed and shall be prorated for partial periods; and provided, further, that, notwithstanding
Section 3.05, Section 3.06 or Section 3.12 of this Agreement, (1) the Servicing Fee shall be payable from
the Lower-Tier REMIC and (2) the portion thereof payable with respect to each Outside Serviced Mortgage Loan to the applicable
Outside Servicer shall be calculated and paid under the applicable Outside Servicing Agreement, shall not be payable to the Master
Servicer, shall previously have been deducted by the applicable Outside Servicer prior to remittance to the Trust and shall not
be withdrawn from the Collection Account.

 

“Servicing
Fee Rate”: With respect to each Mortgage Loan (including any Outside Serviced Mortgage Loan) (or any successor REO Mortgage
Loan with respect thereto), the per annum rate equal to the sum of the rates set forth under the columns labeled “Master
Servicing Fee Rate (%)”, “Primary Servicing Fee Rate (%)”, “Subservicing Fee Rate (%)” and “Outside
Servicing Fee Rate (%)” on the Mortgage Loan Schedule; with respect to each Companion Loan secured by the Mortgaged Property
identified on the Mortgage Loan Schedule as The Reef (or any successor REO Companion Loan with respect thereto), 0.00125% per
annum; with respect to each Companion Loan secured by the portfolio of Mortgaged Properties identified on the Mortgage Loan
Schedule as Shearer’s Industrial Portfolio (or any successor REO Companion Loan with respect thereto), 0.00125% per annum;
with respect to each Companion Loan secured by the Mortgaged Property identified on the Mortgage Loan Schedule as Bell Works (or
any successor REO Companion Loan with respect thereto), 0.00125% per annum; with respect to each Companion Loan secured
by the Mortgaged Property identified on the Mortgage Loan Schedule as 2550 M Street (or any successor REO Companion Loan with
respect thereto), 0.00125% per annum; with respect to each Companion Loan secured by the Mortgaged Property identified
on the Mortgage Loan Schedule as Nut Tree Plaza (or any successor REO Companion Loan with respect thereto), 0.00125% per annum;
and with respect to each Companion Loan secured by the portfolio of Mortgaged Properties identified on the Mortgage Loan Schedule
as ExchangeRight Net Leased Portfolio #55 (or any successor REO Companion Loan with respect thereto), 0.00125% per annum.

 

“Servicing
File”: Any documents (other than documents required to be part of the related Mortgage File but including copies of
such documents required to be part of the related Mortgage File) related to the origination or the servicing of a Mortgage Loan
that are in the possession of or under the control of the applicable Mortgage Loan Seller, including but not limited to appraisals,
environmental reports, engineering reports, legal opinions, and the applicable Mortgage Loan Seller’s asset summary, delivered
to the Master Servicer or the Special Servicer; provided that no information that is proprietary to the related Mortgage
Loan Seller or any draft documents, privileged or other related Mortgage Loan Seller communications, credit underwriting, due
diligence analyses or data, or internal worksheets, memoranda, communications or evaluations shall be required to be delivered
as part of the Servicing File. Notwithstanding anything to the contrary contained herein, with respect to each Outside Serviced
Mortgage Loan, the Servicing File shall consist solely of any related documents or records generated by the Master Servicer or

 

    - 116 -

     

    

 

Special
Servicer hereunder or received by either of them from the applicable Outside Servicer or Outside Special Servicer.

 

“Servicing
Function Participant”: Any Additional Servicer, Sub-Servicer, Subcontractor or any other Person, other than the Certificate
Administrator, the Operating Advisor, the Master Servicer, the Special Servicer and the Trustee, that is performing activities
that address the Servicing Criteria, unless such Person’s activities relate only to 5% or less of the Mortgage Loans by
unpaid principal balance calculated in accordance with the provisions of Regulation AB.

 

“Servicing
Officer”: Any officer or employee of the Master Servicer or the Special Servicer, as applicable, involved in, or responsible
for, the administration and servicing of the Mortgage Loans and the Serviced Companion Loans or this Agreement and also, with
respect to a particular matter, any other officer to whom such matter is referred because of such officer’s or employee’s
knowledge of and familiarity with the particular subject, and, in the case of any certification required to be signed by a Servicing
Officer, such an officer or employee whose name and specimen signature appears on a list of servicing officers furnished to the
Trustee, the Operating Advisor and the Certificate Administrator by the Master Servicer or the Special Servicer, as applicable,
as such list may from time to time be amended.

 

“Servicing
Shift Date”: With respect to any Servicing Shift Loan Combination, the date on which the related Pari Passu Companion
Loan evidenced by the Servicing Shift Lead Note is included in an Outside Securitization Trust, and which is also the date on
which the pooling and servicing agreement or other comparable agreement governing the creation of such Outside Securitization
Trust becomes the Outside Servicing Agreement for such Servicing Shift Loan Combination. For the avoidance of doubt, there is
no Servicing Shift Loan Combination relating to the Trust and, therefore, all references in this Agreement to “Servicing
Shift Date” shall be disregarded.

 

“Servicing
Shift Lead Note”: With respect to any Servicing Shift Loan Combination, the related Note, the securitization of which
shall cause the servicing of such Servicing Shift Loan Combination to shift to the applicable pooling and servicing agreement
or other comparable agreement governing that securitization. With respect to any Servicing Shift Loan Combination, the related
Servicing Shift Lead Note as of the Closing Date is identified in the footnotes to the Loan Combination Table. For the avoidance
of doubt, there is no Servicing Shift Loan Combination relating to the Trust and, therefore, all references in this Agreement
to “Servicing Shift Lead Note” shall be disregarded.

 

“Servicing
Shift Loan Combination”: Any Loan Combination that is initially serviced under this Agreement provided, that upon the
inclusion of a designated related Companion Loan in a future securitization, the servicing of such Loan Combination will shift
to the pooling and servicing agreement or other comparable agreement governing the securitization of such related Companion Loan
(whether by itself or with other mortgage assets). A Servicing Shift Loan Combination will be (i) a Serviced Loan Combination
prior to the related Servicing Shift Date servicing and (ii) an Outside Serviced Loan Combination on and after the related Servicing
Shift Date. The only Servicing Shift Loan Combinations related to the Trust as of the Closing Date are the Loan Combinations as
to which “Servicing Shift” is set forth in the Loan Combination Table under the column heading “Servicing Type.”
For the avoidance of doubt, there

 

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is
no Servicing Shift Loan Combination relating to the Trust and, therefore, all references in this Agreement to “Servicing
Shift Loan Combination” shall be disregarded.

 

“Servicing
Shift Mortgage Loan”: Any Mortgage Loan that is part of a Servicing Shift Loan Combination. For the avoidance of doubt,
there is no Servicing Shift Mortgage Loan relating to the Trust and, therefore, all references in this Agreement to “Servicing
Shift Mortgage Loan” shall be disregarded.

 

“Servicing
Shift Mortgage Loan Pooling and Servicing Agreement”: With respect to a Servicing Shift Mortgage Loan or a Servicing
Shift Loan Combination, on and after the related Servicing Shift Date, the related pooling and servicing agreement or other comparable
agreement governing the creation of the Outside Securitization Trust that holds the related Pari Passu Companion Loan evidenced
by the related Servicing Shift Lead Note. For the avoidance of doubt, there is no Servicing Shift Mortgage Loan or Servicing Shift
Loan Combination relating to the Trust and, therefore, all references in this Agreement to “Servicing Shift Mortgage Loan
Pooling and Servicing Agreement” shall be disregarded.

 

“Servicing
Standard”: With respect to the Master Servicer or the Special Servicer, to service and administer the Serviced Loans
and any REO Properties that such party is obligated to service and administer hereunder, on behalf of the Trust Fund and the Trustee
(as the trustee for the Certificateholders and the Uncertificated VRR Interest Owners or, with respect to each Serviced Loan Combination,
on behalf of the Certificateholders, the Uncertificated VRR Interest Owners and the related Serviced Companion Loan Holder(s),
as a collective whole as if such Certificateholders and the Uncertificated VRR Interest Owners or, with respect to each Serviced
Loan Combination, such Certificateholders, the Uncertificated VRR Interest Owners and the related Serviced Companion Loan Holder(s),
constituted a single lender (and, in the case of a Serviced AB Loan Combination, taking into account the subordinate nature of
any related Subordinate Companion Loan(s))), in accordance with the terms of this Agreement and in accordance with the following:
(i) the higher of the following standards of care: (A) with the same care, skill, prudence and diligence with which the Master
Servicer or the Special Servicer, as the case may be, services and administers comparable mortgage loans with similar borrowers
and comparable REO properties for other third-party portfolios (giving due consideration to the customary and usual standards
of practice of prudent institutional commercial mortgage lenders servicing their own mortgage loans and REO properties); and (B)
with the same care, skill, prudence and diligence with which the Master Servicer or the Special Servicer, as the case may be,
services and administers comparable mortgage loans and REO properties owned by the Master Servicer or the Special Servicer, as
the case may be; and in either case, exercising reasonable business judgment and acting in accordance with applicable law, the
terms of the respective Serviced Loans and, if applicable, the related Co-Lender Agreement; (ii) with a view to: the timely recovery
of all payments of principal and interest, including Balloon Payments, under the Serviced Loans or, in the case of (1) a Specially
Serviced Loan or (2) a Mortgage Loan or Serviced Loan Combination as to which the related Mortgaged Property is an REO Property,
the maximization of recovery on that Mortgage Loan or Serviced Loan Combination to the Certificateholders and the Uncertificated
VRR Interest Owners (as a collective whole as if such Certificateholders and the Uncertificated VRR Interest Owners constituted
a single lender) (or, if any Serviced Companion Loan is involved, with a view to the maximization of recovery on the related Serviced
Loan Combination to the Certificateholders, the Uncertificated VRR Interest Owners and the

 

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related
Serviced Companion Loan Holder(s) (as a collective whole as if such Certificateholders, the Uncertificated VRR Interest Owners
and Serviced Companion Loan Holder(s) constituted a single lender (and, in the case of a Serviced AB Loan Combination, taking
into account the subordinate nature of any related Subordinate Companion Loan(s)))) of principal and interest, including Balloon
Payments, on a present value basis (the relevant discounting of anticipated collections that will be distributable to the Certificateholders
and the Uncertificated VRR Interest Owners (or, in the case of any Serviced Loan Combination, to the Certificateholders, the Uncertificated
VRR Interest Owners and the related Companion Loan Holder) to be performed at the Calculation Rate); and (iii) without regard
to (A) any relationship, including as lender on any other debt, that the Master Servicer or the Special Servicer, as the case
may be, or any Affiliate thereof, may have with any of the related Mortgagors, or any Affiliate thereof, or any other party to
this Agreement; (B) the ownership of any Certificate (or any Companion Loan or other indebtedness secured by the related Mortgaged
Property or any security backed by a Companion Loan) by the Master Servicer or the Special Servicer, as the case may be, or any
Affiliate thereof; (C)     the obligation of the Master Servicer to make Advances; (D) the right of the Master
Servicer or the Special Servicer, as the case may be, or any Affiliate thereof, to receive compensation or reimbursement of costs
hereunder generally or with respect to any particular transaction; and (E) the ownership, servicing or management for others of
any other mortgage loan or real property not subject to this Agreement by the Master Servicer or the Special Servicer, as the
case may be, or any Affiliate thereof; provided that the foregoing standards shall apply with respect to an Outside Serviced
Mortgage Loan and any related REO Property only to the extent that the Master Servicer or the Special Servicer has any express
duties or rights to grant consent with respect thereto pursuant to this Agreement.

 

“Servicing
Transfer Event”: With respect to any Serviced Mortgage Loan or any Serviced Loan Combination, the occurrence of any
of the events described in clauses (a) through (g) of the definition of “Specially Serviced Loan”, subject to the
terms of such definition.

 

“Significant
Obligor”: Any “significant obligor” (within the meaning of Item 1101(k) of Regulation AB) (i) with respect
to the Trust, or (ii) with respect to a Serviced Companion Loan and an Other Securitization Trust, as to which the applicable
Other Depositor has notified the Master Servicer in writing is a “significant obligor” (within the meaning of Item
1101(k) of Regulation AB) as to such Other Securitization Trust. There is no Significant Obligor with respect to the Trust.

 

“Significant
Obligor NOI Quarterly Filing Deadline”: With respect to each calendar quarter (other than the fourth calendar quarter
of any calendar year) and each Significant Obligor, the date that is fifteen (15) days after the Relevant Distribution Date occurring
on or immediately following the date by which the related Mortgagor is required to deliver quarterly financial statements to the
lender under the related Loan Agreement in connection with such calendar quarter (which date is set forth in Section 10.11(a) for any Significant Obligor with respect to the Trust).

 

“Significant
Obligor NOI Yearly Filing Deadline”: With respect to each calendar year and each Significant Obligor, the date that
is the 90th day after the end of such calendar year.

 

“Similar
Law”: As defined in Section 5.03(n) of this Agreement.

 

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“Special
Notice”: As defined in Section 5.07(b).

 

“Special
Servicer”: KeyBank National Association, a national banking association, or its successor in interest, or any successor
Special Servicer appointed as provided herein, which successor Special Servicer shall with respect to any related Excluded Special
Servicer Mortgage Loan, include the related Excluded Mortgage Loan Special Servicer appointed pursuant to Section 6.08(j)
of this Agreement, in each case as applicable and as the context may require.

 

“Special
Servicer Decision”: With respect to any Serviced Loan or Serviced Loan Combination, any of the following (to the extent
it is not a Major Decision):

 

(a)           approving leases, lease modifications or amendments or any requests for subordination, non-disturbance and attornment agreements
or other similar agreements for (i) all ground leases, including any determination whether to cure any borrower defaults relating
to any ground lease, and (ii) all other leases in excess of the lesser of (y) 30,000 square feet and (z) 30% of the net rentable
square footage at the related Mortgaged Property so long as it is reviewable by the lender under the related Loan Documents;

 

(b)           approving any waiver regarding the receipt of financial statements (other than an immaterial timing waiver including late financial
statements);

 

(c)           approving annual budgets for the related Mortgaged Property (to the extent lender approval is required under the related Loan
Documents) that provide for (i) operating expenses equal to more than 110% of the amount that was budgeted therefor in the prior
year or (ii) payments to Persons or entities known by the Master Servicer to be affiliates of the related Mortgagor (excluding
affiliated managers paid at fee rates agreed to at the origination of the related Mortgage Loan or Loan Combination);

 

(d)           approving rights of way and easements that materially affect the use or value of a Mortgaged Property or the Mortgagor’s
ability to make payments with respect to the related Mortgage Loan and approving consent to subordination of the related Mortgage
Loan to such rights of way and easements;

 

(e)           agreeing to any modification, waiver, consent or amendment of the related Mortgage Loan or Loan Combination in connection with
a defeasance if such proposed modification, waiver, consent or amendment is with respect to (i) a waiver of a Mortgage Loan event
of default (but excluding non-monetary events of default other than defaults relating to transfers of interest in the related
Mortgagor or the existing collateral or material modifications of the existing collateral), (ii) a modification of the type of
defeasance collateral required under the related Loan Documents such that defeasance collateral other than direct, non-callable
obligations of the United States would be permitted or (iii) a modification that would permit a Principal Prepayment instead of
defeasance if the related Loan Documents do not otherwise permit such Principal Prepayment;

 

(f)            in circumstances where no lender discretion is permitted other than confirming that the conditions in the related Loan Documents
have been satisfied (including determining whether any applicable terms or tests are satisfied), approving any

 

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request
to incur additional debt in accordance with the terms of the related Loan Documents;

 

(g)          approving any requests for the funding or disbursement of amounts from any escrow accounts, reserve funds or letters of credit
held as “performance-based”, “earn-out” or “holdback” escrows or reserves with respect to
(i) any Mortgage Loan as to which such escrows or reserves exceeded, as at the time of origination, 10% of the original principal
balance of such Mortgage Loan, regardless of whether such funding or disbursements may be characterized as routine and/or customary
escrow and reserve fundings or disbursements for which the satisfaction of performance-related criteria is not required pursuant
to the terms of the related Loan Documents, (ii) any Mortgage Loan as to which such escrows or reserves may not be characterized
as routine and/or customary escrows, and (iii) any Specified Mortgage Loans (for the avoidance of doubt with respect to sub-clauses
(i) and (ii) above, any request for the funding or disbursement of ordinary course impounds, repair and replacement reserves,
lender approved budget and operating expenses, and tenant improvements pursuant to an approved lease, each in accordance with
the related Loan Documents or any other funding or disbursement as mutually agreed upon by the Master Servicer and the Special
Servicer, shall not constitute a Special Servicer Decision);

 

(h)           in circumstances where no lender discretion is required other than confirming satisfaction of the applicable terms of the related
Loan Documents (including determining whether any applicable terms or tests are satisfied), approving requests for any release
of collateral or any acceptance of substitute or additional collateral for a Mortgage Loan; provided that, in any case, Special
Servicer Decisions will not include (i) grants of easements or rights of way that do not materially affect the use or value of
the Mortgaged Property or the Mortgagor’s ability to make any payments with respect to the Mortgage Loan; or (ii) the release,
substitution or addition of collateral securing any Serviced Mortgage Loan or Serviced Loan Combination in connection with a defeasance
of such collateral;

 

(i)            any modification, consent to a modification or waiver of any material term of any intercreditor or similar agreement (which will
not include any amendments to split or re-size notes consistent with the terms of any Co-Lender Agreement as to which the consent
of the holder of the related Mortgage Loan is not required) related to a Serviced Mortgage Loan or Serviced Loan Combination,
or any action to enforce rights with respect thereto, except that, if any such modification or amendment would adversely impact
the Master Servicer, such modification or amendment will additionally require the consent of the Master Servicer as a condition
to its effectiveness;

 

(j)            approving any transfers of an interest in the Mortgagor under a Serviced Mortgage Loan or an assumption agreement, unless such
transfer or assumption (i) is allowed under the terms of the related Loan Documents without the exercise of any lender approval
or discretion other than confirming the satisfaction of the other conditions to the transfer or assumption set forth in the related
Loan Documents that do not include any other approval or exercise of discretion, including a consent to transfer to any subsidiary
or affiliate of such Mortgagor or to a Person acquiring less than a majority interest in such

 

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Mortgagor
and (ii) does not involve incurring new mezzanine financing or a change in control of the Mortgagor;

 

(k)           any proposed modification or waiver of any material provision in the related Loan Documents governing the type, nature or amount
of insurance coverage required to be obtained and maintained by the related Mortgagor;

 

(l)            any approval of any casualty insurance settlements (unless such casualty insurance settlements are less than the threshold specified
in the related Loan Documents and there is no lender discretion provided for in the related Loan Documents, including determining
whether any conditions precedent have been satisfied) or condemnation settlements (unless such condemnation settlements are immaterial
and there is no lender discretion provided for in the related Loan Documents, including determining whether any conditions precedent
have been satisfied), and any determination to apply casualty proceeds or condemnation awards to the reduction of the debt rather
than to the restoration of the Mortgaged Property; and

 

(m)          any determination whether to permit any ground lease modification, amendment or subordination, non-disturbance and attornment
agreement or entry into a new ground lease other than pursuant to the specific terms of such Serviced Loan and for which there
is no lender discretion or any determination whether to cure a default by borrower under a ground lease.

 

“Special
Servicer Servicing Personnel”: The divisions and individuals of the Special Servicer who are involved in the performance
of the duties of the Special Servicer under this Agreement.

 

“Special
Servicing Compensation”: With respect to any Serviced Mortgage Loan, Serviced Loan Combination or REO Property (other
than an REO Property related to an Outside Serviced Mortgage Loan), any of the Special Servicing Fee, the Workout Fee, and the
Liquidation Fee which shall be due to the Special Servicer.

 

“Special
Servicing Fee”: With respect to each Specially Serviced Loan and REO Property (other than an REO Property related to
an Outside Serviced Mortgage Loan) and any Distribution Date, an amount accrued during the related Interest Accrual Period at
the applicable Special Servicing Fee Rate on the Stated Principal Balance of the related Specially Serviced Loan as of the close
of business on the Distribution Date in such Interest Accrual Period; provided that (a) such amounts
shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due
or deemed due on the related Specially Serviced Loan is computed and shall be prorated for partial periods and (b) such fee shall
be payable monthly (i) in the case of a Serviced Loan Combination, from collections on such Serviced Loan Combination; and (ii)
in the case of a Mortgage Loan (including a Mortgage Loan that is part of a Serviced Loan Combination, if the fee remains unpaid
as described in the immediately preceding clause (i)), from general collections on all the Mortgage Loans and any REO Properties.
For the avoidance of doubt, the Special Servicing Fee shall be deemed payable from the Lower-Tier REMIC.

 

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“Special
Servicing Fee Rate”: With respect to any Specially Serviced Loan (or related Serviced Loan Combination, if applicable)
or REO Property (other than an REO Property related to an Outside Serviced Mortgage Loan), a rate equal to (a) 0.25% per annum
or (b) if the rate in clause (a) would result in a Special Servicing Fee that would be less than $3,500 in any given month
(as prorated for a partial period), then the Special Servicing Fee Rate for such month for such Specially Serviced Loan (or related
Serviced Loan Combination, if applicable) or REO Property shall be such higher per annum rate as would result in a Special Servicing
Fee equal to

 

$3,500
for such month (as prorated for a partial period) with respect to such Specially Serviced Loan (or related Serviced Loan Combination,
if applicable) or REO Property.

 

“Specially
Serviced Loan”: Any Serviced Loan (including a related REO Mortgage Loan or REO Companion Loan) as to which any of the
following events has occurred (taking into account any cure rights of any related Serviced Subordinate Companion Loan Holder under
the related Co-Lender Agreement.):

 

(a)           the related Mortgagor has failed to make when due any Monthly Payment or a Balloon Payment, which failure continues unremedied
(without regard to any grace period):

 

(i)          except in the case of a Balloon Loan delinquent in respect of its Balloon Payment, beyond 60 days after the date on which the
subject payment was due, or

 

(ii)         solely in the case of a delinquent Balloon Payment, (A) one Business Day after the date on which that Balloon Payment was due
(except as described in clause B below) or (B) if (1) the related Mortgagor has delivered to the Master Servicer or the Special
Servicer (each of whom shall promptly deliver a copy to the other and any applicable Directing Holder and Consulting Party), on
or before the date on which that Balloon Payment was due, a refinancing commitment, letter of intent or otherwise binding application
or other similar binding document for refinancing from an acceptable lender or signed purchase agreement related to the sale of
the related Mortgaged Property reasonably acceptable to the Special Servicer, (2) the related Mortgagor continued to make its
Monthly Payments on each Due Date, and (3) no other Servicing Transfer Event has occurred with respect to the Serviced Loan, then
a Servicing Transfer Event will not occur until the earlier of (x) 120 days after the date on which the Balloon Payment was due
and (y) the termination of the refinancing commitment, letter of intent or otherwise binding application or similar binding document
or the purchase agreement; or

 

(b)           there shall have occurred a default (other than as set forth in clause (a) above and other than an Acceptable Insurance Default)
that (i) the Master Servicer or the Special Servicer (and, in the case of the Special Servicer, with the consent of any applicable
Directing Holder) determines materially impairs the value of the related Mortgaged Property as security for the Serviced Loan
or otherwise materially adversely affects the interests of Certificateholders and the Uncertificated VRR Interest Owners in the
Serviced Mortgage Loan (or, in the case of a Serviced Loan Combination, the interests of the Certificateholders, the Uncertificated
VRR Interest Owners and the related Serviced

 

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Companion
Loan Holder(s) in such Serviced Loan Combination), and (ii) continues unremedied for the applicable grace period under the terms
of the Serviced Loan (or, if no grace period is specified and the default is capable of being cured, for 60 days); provided,
that any default requiring a Property Advance will be deemed to materially and adversely affect the interests of the Certificateholders
and the Uncertificated VRR Interest Owners in the subject Serviced Mortgage Loan (or, in the case of a Serviced Loan Combination,
the interests of the Certificateholders, the Uncertificated VRR Interest Owners and the related Serviced Companion Loan Holder(s)
in such Serviced Loan Combination); or

 

(c)           a decree or order of a court or agency or supervisory authority having jurisdiction in the premises in any involuntary case under
any present or future federal or state bankruptcy, insolvency or similar law, or the appointment of a conservator, receiver or
liquidator in any insolvency, readjustment of debt, marshaling of assets and liabilities or similar proceedings, or for the winding-up
or liquidation of its affairs, shall have been entered into against the related Mortgagor; or

 

(d)           the related Mortgagor consents to the appointment of a conservator or receiver or liquidator in any insolvency, readjustment or
debt, marshaling of assets and liabilities or similar proceedings of or relating to such Mortgagor or of or relating to all or
substantially all of its property; or

 

(e)           the related Mortgagor shall admit in writing its inability to pay its debts generally as they become due, file a petition to take
advantage of any applicable insolvency or reorganization statute, make an assignment for the benefit of its creditors, or voluntarily
suspend payment of its obligations; or

 

(f)            the Master Servicer or the Special Servicer shall have received notice of the commencement of foreclosure or similar proceedings
with respect to the related Mortgaged Property; or

 

(g)           the Master Servicer or the Special Servicer (and, in the case of the Special Servicer, with the consent of any applicable Directing
Holder) determines that (i) a default (other than an Acceptable Insurance Default) under the Serviced Loan is reasonably foreseeable,
(ii) such default would materially impair the value of the corresponding Mortgaged Property as security for such Serviced Loan
or otherwise materially adversely affects the interests of Certificateholders and the Uncertificated VRR Interest Owners in the
Serviced Mortgage Loan (or, in the case of a Serviced Loan Combination, the interests of the Certificateholders, the Uncertificated
VRR Interest Owners or the related Serviced Companion Loan Holder(s) in such Serviced Loan Combination), and (iii) the default
is likely to continue unremedied for the applicable cure period under the terms of such Serviced Loan or, if no cure period is
specified and the default is capable of being cured, for 60 days;

 

provided,
however, that a Serviced Loan will cease to be a Specially Serviced Loan, when a Liquidation Event has occurred with respect
to such Serviced Loan or any related REO Property or, so long as at such time no circumstance identified in clauses (a) through
(g) above exists that

 

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would
cause the subject Serviced Mortgage Loan or any related Serviced Companion Loan to continue to be characterized as a Specially
Serviced Loan, when:

 

(w)          with respect to the circumstances described in clause (a) of this definition, the related Mortgagor has made three consecutive
full and timely Monthly Payments under the terms of such Serviced Loan (as such terms may be changed or modified in connection
with a bankruptcy or similar proceeding involving the related Mortgagor or by reason of a modification, extension, waiver or amendment
granted or agreed to by the Master Servicer or the Special Servicer pursuant to Section 3.24 of this Agreement);

 

(x)           with respect to the circumstances described in clauses (c), (d), (e) and (g) of this definition, such circumstances cease to exist
in the good faith, reasonable judgment of the Special Servicer, but, with respect to any bankruptcy or insolvency proceedings
described in clauses (c), (d) and (e), no later than the entry of an order or decree dismissing such proceeding;

 

(y)          with respect to the circumstances described in clause (b) of this definition, such default is cured as determined by the Special
Servicer in its reasonable, good faith judgment; and

 

(z)           with respect to the circumstances described in clause (f) of this definition, such proceedings are terminated.

 

Notwithstanding
the foregoing, for purposes of clauses (a) (but solely with respect to delinquent Monthly Payments), (b), (e) and (g) of this
definition, neither (i) a Payment Accommodation with respect to any Serviced Loan nor (ii) any default or delinquency that would
have existed but for such Payment Accommodation shall constitute a Servicing Transfer Event or cause such Serviced Loan to be
characterized as a Specially Serviced Loan, for so long as the related Mortgagor is complying with the terms of such Payment Accommodation.
For the avoidance of doubt, in the event a borrower fails to comply with the terms of a Payment Accommodation (as determined by
the Special Servicer in accordance with the Servicing Standard), a determination as to whether any applicable event specified
in the preceding sentence constitutes a Servicing Transfer Event or causes such Serviced Loan to be characterized as a Specially
Serviced Loan shall be made as though the Payment Accommodation never occurred; provided, however, if, pursuant
to this sentence, a Servicing Transfer Event is determined to occur prior to the date of such borrower’s failure to comply
with the terms of the related Payment Accommodation, then such Servicing Transfer Event will be deemed to occur on the date of
such borrower’s failure to comply. The Special Servicer may conclusively rely on the Master Servicer’s determination
and the Master Servicer may conclusively rely on the Special Servicer’s determination as to whether a Servicing Transfer
Event has occurred giving rise to a Serviced Loan’s becoming a Specially Serviced Loan. If any Serviced Mortgage Loan that
is part of a Serviced Loan Combination becomes a Specially Serviced Loan, then the related Serviced Companion Loan shall also
become a Specially Serviced Loan. If the Serviced Companion Loan that is included in a Serviced Loan Combination becomes a Specially
Serviced Loan, then the related Serviced Mortgage Loan that is part of such Serviced Loan Combination shall also become a Specially
Serviced Loan.

 

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“Specially
Serviced Mortgage Loan”: A Mortgage Loan that is, or is part of, a Specially Serviced Loan.

 

“Specified
Mortgage Loans”: The Mortgage Loans identified on Exhibit GG to this Agreement.

 

“Split
Mortgage Loan”: Any Mortgage Loan that is part of a Loan Combination. The only Split Mortgage Loans that are assets
of the Trust as of the Closing Date are those that have the respective loan numbers (as set forth on the Mortgage Loan Schedule)
listed on the Loan Combination Table under the column heading “Loan No. for related Mortgage Loan.”

 

“Sponsor”:
Each of CREFI, GSMC, JPMCB and GACC, and their respective successors in interest.

 

“Startup
Day”: The day designated as such pursuant to Section 2.12(c) of this Agreement.

 

“Stated
Principal Balance”: With respect to any Mortgage Loan (other than an REO Mortgage Loan), as of any date of determination,
an amount equal to (a) the Cut-Off Date Balance of such Mortgage Loan (or, in the case of a Qualified Substitute Mortgage Loan,
the unpaid principal balance of such Mortgage Loan (as of the date of substitution) after application of all scheduled payments
of principal and interest due during or prior to the month of substitution, whether or not received), minus (b) the sum of (i)
any and all amounts (without duplication) attributable to such Mortgage Loan that are part of the Scheduled Principal Distribution
Amount and/or the Unscheduled Principal Distribution Amount for each and every Distribution Date coinciding with or preceding
such date of determination and (ii) any adjustment to the principal balance of such Mortgage Loan as a result of a reduction of
principal by a bankruptcy court or as a result of a modification reducing the principal balance of such Mortgage Loan as of the
Determination Date for the most recent Distribution Date coinciding with or preceding such date of determination. The Stated Principal
Balance of a Mortgage Loan with respect to which title to the related Mortgaged Property has been acquired on behalf of the Trust
Fund and, if such Mortgage Loan is part of a Loan Combination, the related Companion Loan Holder(s), is equal to the Stated Principal
Balance thereof outstanding on the date on which such title is acquired less any and all amounts attributable to the related REO
Mortgage Loan that are part of the Unscheduled Principal Distribution Amount and the principal portion of any P&I Advances
with respect to such REO Mortgage Loan for each and every Distribution Date coinciding with or preceding such date of determination
but after the date on which such title is acquired. With respect to any Serviced Companion Loan (including any successor REO Companion
Loan with respect to such Serviced Companion Loan), as of any date of determination, the Stated Principal Balance shall equal
the unpaid principal balance of such Serviced Companion Loan as of the Cut-off Date, minus (i) all amounts remitted to the related
Serviced Companion Loan Holder on or prior to the most recent Distribution Date coinciding with or preceding such date of determination
that are allocable to principal of such Serviced Companion Loan and (ii) any adjustment to the principal balance of such Serviced
Companion Loan as a result of a reduction of principal by a bankruptcy court or as a result of a modification reducing the principal
amount due on such Serviced Companion Loan as of the Determination Date for the most recent Distribution Date coinciding with
or preceding such date of determination. Notwithstanding the foregoing, the

 

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Stated
Principal Balance of a Mortgage Loan or Serviced Companion Loan that has been paid in full or a Specially Serviced Loan with respect
to which the Special Servicer has made a Final Recovery Determination (or, in the case of an Outside Serviced Mortgage Loan, with
respect to which the Outside Special Servicer has made an equivalent determination) shall be zero from and after the Distribution
Date related to the Collection Period in which such payment or determination is made. The Stated Principal Balance of a Serviced
Loan Combination (including an REO Loan Combination), as of any date of determination, shall equal the sum of the then Stated
Principal Balances of the related Mortgage Loan (including an REO Mortgage Loan) and the related Serviced Companion Loan(s) (including
any related REO Companion Loan(s)).

 

“Subcontractor”:
Any vendor, subcontractor or other Person that is not responsible for the overall or general servicing (as “servicing”
is commonly understood by participants in the mortgage-backed securities market) of Mortgage Loans but performs one or more discrete
functions of the Servicing Criteria with respect to Mortgage Loans under the direction or authority of the Master Servicer, the
Special Servicer, the Certificate Administrator, the Trustee, an Additional Servicer, or a Sub-Servicer.

 

“Subordinate
Companion Loan”: A Companion Loan that, to the extent provided in the related Loan Documents and/or the related Co-Lender
Agreement, is generally subordinate in right of payment to the related Split Mortgage Loan. The only Subordinate Companion Loans
related to the Trust as of the Closing Date are evidenced by the Notes identified in the Loan Combination Table under the column
heading “Subordinate Companion Loan(s),” each of which Notes evidences a separate Subordinate Companion Loan.

 

“Subordinate
Companion Loan Holder”: The holder of a Subordinate Companion Loan.

 

“Subordinate
YM Certificates”: As defined in Section 4.01(d) of this Agreement.

 

“Substitution
Shortfall Amount”: With respect to a substitution pursuant to Section 2.03(a) of this Agreement, an amount
equal to the excess, if any, of the Purchase Price of the Mortgage Loan being replaced calculated as of the date of substitution
over the Stated Principal Balance of the related Qualified Substitute Mortgage Loan after application of all scheduled payments
of principal and interest due during or prior to the month of substitution. In the event that one or more Qualified Substitute
Mortgage Loans are substituted (at the same time by the same Mortgage Loan Seller) for one or more deleted Mortgage Loans, the
Substitution Shortfall Amount shall be determined as provided in the preceding sentence on the basis of the aggregate Purchase
Prices of the Mortgage Loan or Mortgage Loans being replaced and the aggregate Stated Principal Balances of the related Qualified
Substitute Mortgage Loans.

 

“Sub-Servicer”:
Any Person that Services Mortgage Loans on behalf of the Master Servicer, the Special Servicer or an Additional Servicer and is
responsible for the performance (whether directly or through Sub-Servicers or Subcontractors) of all or a material portion of
the Servicing functions required to be performed by the Master Servicer, the Special Servicer or an Additional Servicer under
this Agreement, with respect to some or all of the Mortgage Loans. As of the Closing Date, the Sub-Servicer(s) set forth on Exhibit
S to this Agreement will be the Sub-Servicer for the related Mortgage Loan(s) set forth on Exhibit S to this Agreement.

 

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“Sub-Servicing
Agreement”: The written contract between the Master Servicer, an Additional Servicer or the Special Servicer (if it
is permitted to appoint sub-servicers pursuant to Section 3.01(c) of this Agreement), as the case may be, and any Sub-Servicer
relating to servicing and administration of Mortgage Loans as provided in Section 3.01(c) of this Agreement.

 

“Successful
Bidder”: As defined in Section 7.01(b) of this Agreement.

 

“Tax
Returns”: The federal income tax return on IRS Form 1066, U.S. Real Estate Mortgage Investment Conduit (REMIC) Income
Tax Return, including Schedule Q thereto, Quarterly Notice to Residual Interest Holders of REMIC Taxable Income or Net Loss Allocation,
or any successor forms, to be filed on behalf of each Trust REMIC under the REMIC Provisions, and the federal income tax return
to be filed by the Certificate Administrator on behalf of the Grantor Trust due to its classification as a grantor trust under
subpart E, part I of subchapter J of the Code, together with any and all other information, reports or returns that may be required
to be furnished to the Certificateholders and/or the Uncertificated VRR Interest Owners or filed with the IRS or any other governmental
taxing authority under any applicable provisions of federal, state or local tax laws.

 

“Temporary
Regulation S Global Certificate”: As defined in Section 5.02(c)(i) of this Agreement.

 

“Terminated
Party”: As defined in Section 7.01(c) of this Agreement.

 

“Termination
Date”: The Distribution Date on which the Trust Fund is terminated pursuant to Section 9.01.

 

“Termination
Purchase Amount”: As of any time of determination, an amount equal to the sum of (A) the aggregate Purchase Price (excluding
the amount described in clause (g) of the definition of “Purchase Price”) of all the Mortgage Loans (exclusive of
any successor REO Mortgage Loans with respect thereto) then included in the Trust and (B) the Appraised Value of the Trust’s
portion of each REO Property, if any, then included in the Trust, as determined by the Special Servicer (the relevant appraisals
for purposes of this clause (B) shall be obtained by the Special Servicer and prepared by an Appraiser in accordance with MAI
standards).

 

“Test”:
As defined in Section 11.01(b)(iv).

 

“Third
Party Reports”: With respect to any Mortgaged Property, the related Appraisal, Phase I environmental report, Phase II
environmental report, seismic report or property condition report, if any.

 

“Threshold
Event Collateral”: As defined in Section 3.28(f).

 

“Transfer”:
Any direct or indirect transfer or other form of assignment of any Ownership Interest in a Class R Certificate.

 

“Transferee
Affidavit”: As defined in Section 5.03(p)(ii) of this Agreement.

 

“Transferor Letter”: As defined
in Section 5.03(p)(ii) of this Agreement.

 

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“Treasury
Regulations”: Applicable final or temporary regulation of the U.S. Department of the Treasury.

 

“Trust”:
The trust created by this Agreement.

 

“Trust
Fund”: The corpus of the trust created hereby and to be administered hereunder, consisting of: (i) such Mortgage Loans
as from time to time are subject to this Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled
payments on or collections in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute
Mortgage Loan, the Due Date in the month of substitution (exclusive of interest relating to periods prior to, but due after, the
Cut-Off Date); (iii) any REO Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent
of the Trust’s interest in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but,
with respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest in the related
Loan Combination); (v) the Master Servicer’s and the Trustee’s rights under the insurance policies with respect to
the Mortgage Loans required to be maintained pursuant to this Agreement and any proceeds thereof; (vi) the Trustee’s rights
in any Assignments of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under any indemnities
or guaranties given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the Certificate Administrator’s
rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited in the Collection Account,
the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the Excess Liquidation Proceeds
Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s rights in any environmental
indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under the Mortgage Loan Purchase Agreements
to the extent assigned to the Trustee pursuant to Section 2.01 of this Agreement; (xi) the Lower-Tier Regular Interests;
(xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

“Trust
Reimbursement Amount”: As defined in Section 3.06A(a) of this Agreement.

 

“Trust
Reimbursement Amount No.1”: As defined in Section 3.06(a) of this Agreement. 

 

“Trust
Reimbursement Amount No.2”: As defined in Section 3.06A(a) of this Agreement.

 

“Trust REMIC”: Each of the Lower-Tier REMIC and the Upper-Tier
REMIC.

 

“Trustee”:
Wilmington Trust, National Association, a national banking association, in its capacity as trustee, or its successor in interest,
or any successor trustee appointed as herein provided.

 

“Trustee
Personnel”: The divisions and individuals of the Trustee who are involved in the performance of the duties of the Trustee
under this Agreement.

 

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“Trustee/Certificate
Administrator Fee”: With respect to each Mortgage Loan and for any Distribution Date, an amount accrued during the related
Interest Accrual Period at the Trustee/Certificate Administrator Fee Rate on, in the case of the initial Distribution Date, the
Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance
of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related
interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the
avoidance of doubt, the Trustee/Certificate Administrator Fee shall be payable from the Lower-Tier REMIC.

 

“Trustee/Certificate
Administrator Fee Rate”: With respect to each Mortgage Loan, a rate equal to 0.00709% per annum.

 

“Uncertificated
VRR Interest”: The Uncertificated VRR-GS Interest. “Uncertificated VRR Interest Balance”: For
any date of determination, the Uncertificated VRR-GS Interest Balance.

 

“Uncertificated
VRR Interest Portion”: The Uncertificated VRR-GS Interest. For the avoidance of doubt, the Uncertificated VRR-GS Interest
is the only Uncertificated VRR Interest Portion with respect to the Trust.

 

“Uncertificated
VRR Interest Portion Balance”: For any date of determination, with respect to the Uncertificated VRR-GS Interest, the
Uncertificated VRR-GS Interest Balance. For the avoidance of doubt, the Uncertificated VRR-GS Interest Balance is the only Uncertificated
VRR Interest Portion Balance with respect to the Trust.

 

“Uncertificated
VRR Interest Portions”: The Uncertificated VRR-GS Interest. For the avoidance of doubt, the Uncertificated VRR-GS Interest
is the only Uncertificated VRR Interest Portion with respect to the Trust.

 

“Uncertificated
VRR Interest Owner”: Any Person in whose name an Uncertificated VRR Interest Portion is registered on the Certificate
Register or other registry of ownership maintained by the Certificate Administrator.

 

“Uncertificated
VRR-GS Interest”: An uncertificated interest in the Trust representing the right to receive or be allocated pursuant
to Section 4.01(c) a pro rata portion (based on the Uncertificated VRR-GS Interest Balance relative to the sum of the Certificate
Balance of the Class VRR Certificates and the Uncertificated VRR Interest Balance) of any Combined VRR Available Funds and any
Appraisal Reduction Amounts, Yield Maintenance Charges, Prepayment Interest Shortfalls, and Excess Interest allocated to the Combined
VRR Interest. The Uncertificated VRR-GS Interest evidences beneficial ownership of a portion of the Class VRR Specific Grantor
Trust Assets. For the avoidance of doubt, the parties hereto agree not to treat the Uncertificated VRR-GS Interest as a security
under applicable law. For tax reporting purposes, the Uncertificated VRR-GS Interest will accrue interest at the WAC Rate in effect
from time to time.

 

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“Uncertificated
VRR-GS Interest Balance”: With respect to the Uncertificated VRR-GS Interest, (a) as of any date of determination on
or prior to the first Distribution Date, an amount equal to the initial Uncertificated VRR-GS Interest Balance as specified in
the Preliminary Statement hereto, and (b) as of any date of determination after the first Distribution Date, an amount equal to
the Uncertificated VRR-GS Interest Balance on the Distribution Date immediately prior to such date of determination, after any
actual distributions of principal thereon and allocations of applicable Realized Losses thereto on such prior Distribution Date,
and after any increases to the Uncertificated VRR-GS Interest Balance on such prior Distribution Date (as and to the extent provided
in Section 4.01(g) of this Agreement) in connection with recoveries of Nonrecoverable Advances previously reimbursed out
of collections of principal on the Mortgage Loans.

 

“Underwriter
Exemption”: Collectively, (a) Prohibited Transaction Exemption 91-23, granted to a predecessor of Citigroup Global Markets
Inc., (b) Prohibited Transaction Exemption 89-88 granted to Goldman Sachs & Co. LLC, (c) the Prohibited Transaction Exemption
2002-19 granted to J.P. Morgan Securities LLC, and (d) the prohibited transaction exemption granted to Deutsche Bank Securities
Inc., Department Final Authorization Number 97-03E, each as most recently amended by Prohibited Transaction Exemption 2013-08
and as further amended by the Department of Labor from time to time.

 

“Underwriters”:
Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Bankcroft
Capital, LLC and Drexel Hamilton, LLC.

 

“Unliquidated
Advance”: Any Advance previously made by a party hereto that has been previously reimbursed, as between the Person that
made the Advance hereunder, on the one hand, and the Trust Fund, on the other, as part of a Workout-Delayed Reimbursement Amount
pursuant to subsections (ii) (B) and (C) of Section 3.06(a) of this Agreement but that has not been recovered
from the Mortgagor or otherwise from collections on or the proceeds of the Mortgage Loan or REO Property in respect of which the
Advance was made.

 

“Unscheduled
Principal Distribution Amount”: With respect to any Distribution Date, an amount equal to the aggregate of: (a) all
Principal Prepayments received on the Mortgage Loans during the related Collection Period (or, in the case of the Outside Serviced
Mortgage Loans, all Principal Prepayments received during the period that renders them includable in the Aggregate Available Funds
for such Distribution Date); and (b) any other collections (exclusive of payments by Mortgagors) received on the Mortgage Loans
and, to the extent allocable to the related Mortgage Loan, on any REO Properties during the related Collection Period (or, in
the case of an Outside Serviced Mortgage Loan or any interest in REO Property acquired with respect thereto, all such proceeds
received during the period that renders them includable in the Aggregate Available Funds for such Distribution Date), whether
in the form of Liquidation Proceeds, Insurance Proceeds, Condemnation proceeds, net income, rents, and REO Proceeds or otherwise,
that were identified and applied by the Master Servicer (and/or, in the case of an Outside Serviced Mortgage Loan, the related
Outside Servicer) as recoveries of previously unadvanced principal of the related Mortgage Loan.

 

“Unsolicited
Information”: As defined in Section 11.01(b)(iii).

 

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“Upper-Tier
REMIC”: A segregated asset pool within the Trust Fund consisting of the Lower-Tier Regular Interests and amounts held
from time to time in the Upper-Tier REMIC Distribution Account.

 

“Upper-Tier
REMIC Distribution Account”: The trust account or accounts created and maintained as a separate trust account (or separate
sub-account within the same account as the Lower-Tier REMIC Distribution Account) or accounts by the Certificate Administrator
pursuant to Section 3.05(b) of this Agreement, which (subject to any changes in the identities of the Trustee and/or the
Certificate Administrator) shall be entitled “ Computershare Trust Company, National Association, as Certificate Administrator,
on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of the registered Holders of Benchmark 2022-B35
Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35, and the Uncertificated VRR Interest Owners, Upper-Tier
REMIC Distribution Account” and which must be an Eligible Account. The Upper-Tier REMIC Distribution Account shall be an
asset of the Upper-Tier REMIC.

 

“Upper-Tier
Residual Interest”: The sole class of “residual interests”, within the meaning of Code Section 860G(a)(2),
in the Upper-Tier REMIC and evidenced by the Class R Certificates.

 

“U.S.
Tax Person”: A citizen or resident of the United States, a corporation, partnership (except to the extent provided in
applicable Treasury regulations) or other entity created or organized in or under the laws of the United States, any State thereof
or the District of Columbia, an estate whose income is subject to United States federal income tax regardless of its source, or
a trust if a court within the United States is able to exercise primary supervision over the administration of such trust, and
one or more such U.S. Tax Persons have the authority to control all substantial decisions of such trust (or, to the extent provided
in applicable Treasury regulations, certain trusts in existence as of August 20, 1996 that have elected to be treated as U.S.
Tax Persons).

 

“Vertical
Risk Retention Allocation Percentage”: A percentage equal to the Vertically Retained Percentage divided by the Non-Vertically
Retained Percentage.

 

“Vertically
Retained Percentage”: A fraction, expressed as a percentage, the numerator of which is the initial Combined VRR Interest
Balance of the Combined VRR Interest, and the denominator of which is the sum of (x) the aggregate initial Certificate Balance
of all Classes of Principal Balance Certificates and (y) the initial Uncertificated VRR Interest Balance of the Uncertificated
VRR Interest.

 

“Voting
Rights”: The portion of the voting rights of all of the Certificates that is allocated to any Certificate or Class of
Certificates. At all times during the term of this Agreement, the Voting Rights shall be allocated among the respective Classes
of Certificateholders as follows: (a) 1% in the aggregate in the case of the respective Classes
of the Interest-Only Certificates, allocated pro rata based upon their respective Notional Amounts as of the date of determination
(but only for so long as the Notional Amount of at least one Class of Interest-Only Certificates is greater than zero), and (b)
in the case of any Class of Principal Balance Certificates, a percentage equal to the product of 99% (or, if the Notional Amounts
of all Classes of Interest-Only Certificates

 

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have
been reduced to zero, 100%) and a fraction, the numerator of which is equal to the Certificate Balance of such Class of Principal
Balance Certificates as of the date of determination, and the denominator of which is equal to the aggregate of the Certificate
Balances of all Classes of the Principal Balance Certificates, in each case as of the date of determination (provided that,
if, but only if, expressly so provided herein in any circumstance, the allocation or exercise of Voting Rights for any particular
purpose shall take into account the allocation of Appraisal Reduction Amounts to notionally reduce Certificate Balances). The
Voting Rights of any Class of Certificates shall be allocated among Holders of Certificates of such Class in proportion to their
respective Percentage Interests. The Class S and Class R Certificates and the Uncertificated VRR Interest shall not be entitled
to any Voting Rights.

 

“VRR
Interest”: All of the Class VRR Certificates collectively. The VRR Interest represents undivided beneficial interests
in a portion of the VRR Specific Grantor Trust Assets.

 

“VRR
Interest Distribution Amount”: With respect to the Combined VRR Interest for any Distribution Date, an amount equal
to the product of (A) the Vertical Risk Retention Allocation Percentage and (B) the aggregate amount of interest distributed to
the Holders of the Non-Vertically Retained Regular Certificates pursuant to Sections 4.01(b)(i), (iv), (vii),
(x), (xiii), (xvi), (xix), (xxii), (xxv) and (xxviii) on such Distribution Date.

 

“VRR
Interest Transfer Restriction Period”: With respect to the Combined VRR Interest, the period from the Closing Date to
the earlier of: (i) the date that is latest of (A) the date on which the aggregate unpaid principal balance of all outstanding
Mortgage Loans has been reduced to 33% of the aggregate Cut-off Date Balance of the Mortgage Loans, (B) the date on which the
sum of the aggregate outstanding Certificate Balance of all Classes of Principal Balance Certificates and the Uncertificated VRR
Interest Balance of the Uncertificated VRR Interest has been reduced to 33% of the sum of the aggregate outstanding Certificate
Balance of all Classes of Principal Balance Certificates and the Uncertificated VRR Interest Balance of the Uncertificated VRR
Interest as of the Closing Date, or (C) two (2) years after the Closing Date; or (ii) in the sole discretion of the Retaining
Sponsor and the Depositor, the date on which the provisions of Regulation RR applicable to the Retaining Sponsor, the Retaining
Parties and the securitization transaction contemplated by this Agreement are repealed in their entirety or are otherwise eliminated
and the Retaining Sponsor and the Depositor have determined that such repeal or elimination renders Regulation RR in its entirety
inapplicable (and that there are no other risk retention requirements under the Dodd-Frank Act that would be applicable) to the
securitization transaction contemplated by this Agreement.

 

“VRR
Principal Distribution Amount”: With respect to the Combined VRR Interest for any Distribution Date, an amount equal
to the product of (A) the Vertical Risk Retention Allocation Percentage and (B) the aggregate amount of principal distributed
to the Holders of the Non-Vertically Retained Principal Balance Certificates pursuant to Sections 4.01(b)(ii), (v),
(viii), (xi), (xiv), (xvii), (xx), (xxiii), (xxvi) and (xxix) and the
penultimate paragraph of Section 4.01(b) on such Distribution Date.

 

“VRR
Realized Loss Interest Distribution Amount”: With respect to the Combined VRR Interest for any Distribution Date, an
amount equal to the product of (A) the Vertical Risk Retention Allocation Percentage and (B) the aggregate amount of interest
on related reimbursed

 

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Realized
Losses distributed to the Holders of the Non-Vertically Retained Principal Balance Certificates pursuant to Sections 4.01(b)(iii),
(vi), (ix), (xii), (xv), (xviii), (xxi), (xxiv), (xxvii) and (xxx) on such Distribution Date.

 

“VRR
Specific Grantor Trust Assets”: The portion of the Trust Fund consisting of (i) the Class VRR Upper-Tier
Regular Interest, together with all distributions thereon and proceeds thereof, (ii) the Vertically Retained Percentage of any
Excess Interest collected on the ARD Mortgage Loans and (iii) the Vertically Retained Percentage of amounts held from time to
time in the Excess Interest Distribution Account.

 

“VRR1
Interest”: As defined in the Preliminary Statement.

 

“VRR1
Risk Retention Consultation Party”: The Risk Retention Consultation Party selected by CREFI.

 

“VRR2
Interest”: As defined in the Preliminary Statement.

 

“VRR2
Risk Retention Consultation Party”: The Risk Retention Consultation Party selected by GS Bank.

 

“WAC
Rate”: With respect to any Distribution Date, a per annum rate equal to the weighted average of the applicable
Net Mortgage Pass-Through Rates of the Mortgage Loans (including the REO Mortgage Loans) for such Distribution Date, weighted
on the basis of their respective Stated Principal Balances immediately prior to such Distribution Date.

 

“WHFIT”:
A “Widely Held Fixed Investment Trust” as that term is defined in Treasury Regulations section 1.671-5(b)(22) or successor
provisions.

 

“WHFIT
Regulations”: Treasury Regulations section 1.671-5, as amended. “WHMT”: A “Widely Held Mortgage
Trust” as that term is defined in Treasury Regulations section 1.671-5(b)(23) or successor provisions.

 

“Withheld
Amounts”: As defined in Section 3.23 of this Agreement.

 

“Workout-Delayed
Reimbursement Amounts”: With respect to any Mortgage Loan or Serviced Loan Combination, the amount of any Advance made
with respect to such Mortgage Loan or Serviced Loan Combination on or before the date such Mortgage Loan or Serviced Loan Combination
becomes (or, but for the making of three monthly payments under its modified terms, would then constitute) a Corrected Loan, together
with (to the extent accrued and unpaid) interest on such Advances, to the extent that (i) such Advance is not reimbursed to the
Person who made such Advance on or before the date, if any, on which such Mortgage Loan or Serviced Loan Combination becomes a
Corrected Loan and (ii) the amount of such Advance becomes a future obligation of the Mortgagor to pay under the terms of modified
Loan Documents. That any amount constitutes all or a portion of any Workout-Delayed Reimbursement Amount shall not in any manner
limit the right of any Person hereunder to determine in the future that such amount instead constitutes a Nonrecoverable Advance.

 

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“Workout
Fee”: The fee paid to the Special Servicer with respect to each Corrected Loan equal to the applicable Workout Fee Rate
applied to each collection of interest (excluding Default Interest and Excess Interest) and principal (other than any amount for
which a Liquidation Fee is paid) received on such Corrected Loan for so long as it remains a Corrected Loan; provided that
no Workout Fee shall be payable by the Trust with respect to such Corrected Loan if and to the extent that the Corrected Loan
became a Specially Serviced Loan under clause (g) of the definition of Specially Serviced Loan (and no other clause thereof) and
no mortgage loan event of default actually occurs, unless the Serviced Mortgage Loan (or Serviced Loan Combination, if applicable)
is modified by the Special Servicer in accordance with the terms hereof; provided, further, that if a Serviced Mortgage
Loan (or Serviced Loan Combination, if applicable) becomes a Specially Serviced Loan under this Agreement only because of an event
described in clause (a)(ii) of the definition of Specially Serviced Loan as a result of a payment default at maturity and the
related collection of interest and principal is received within 90 days following the related Maturity Date in connection with
the full and final payoff or refinancing of the related Serviced Mortgage Loan (or Serviced Loan Combination, if applicable),
the Special Servicer will not be entitled to collect a Workout Fee, but may collect and retain appropriate fees from the related
Mortgagor in connection with such workout; provided, further, that the Workout Fee with respect to any Specially
Serviced Loan that becomes a Corrected Loan under this Agreement shall be reduced by any Excess Modification Fees paid by or on
behalf of the related Mortgagor with respect to such Serviced Mortgage Loan (or Serviced Loan Combination, if applicable) as described
in the definition of Excess Modification Fees in this Agreement, but only to the extent those fees have not previously been deducted
from a Workout Fee or Liquidation Fee.

 

“Workout
Fee Rate”: A rate equal to the lesser of (a) 1.0% and (b) such lower rate as would result in a Workout Fee of $1,000,000
when applied to each expected payment of principal and interest (other than Default Interest and Excess Interest) on the subject
Serviced Mortgage Loan (or related Serviced Loan Combination, if applicable) from the date such Mortgage Loan (or related Serviced
Loan Combination, if applicable) becomes a Corrected Loan, through and including the then-related maturity date; provided
that, if the rate in clause (a) above would result in a Workout Fee that would be less than $25,000 when applied to each expected
payment of principal and interest (other than Default Interest and Excess Interest) on the subject Serviced Mortgage Loan (or
related Serviced Loan Combination, if applicable) from the date such Serviced Mortgage Loan (or related Serviced Loan Combination,
if applicable) becomes a Corrected Loan through and including the then-related maturity date, then the Workout Fee Rate shall
be a rate equal to such higher rate as would result in a Workout Fee equal to $25,000 when applied to each expected payment of
principal and interest (other than Default Interest and Excess Interest) on such Serviced Mortgage Loan (or related Serviced Loan
Combination, if applicable) from the date such Serviced Mortgage Loan (or related Serviced Loan Combination, if applicable) becomes
a Corrected Loan through and including the then-related maturity date.

 

“XML
Format”: Extensible markup language electronic format.

 

“Yield
Maintenance Charge”: With respect to any Mortgage Loan or Serviced Companion Loan, the yield maintenance charge or prepayment
premium, if any, payable under the related Note in connection with certain prepayments.

 

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Section
1.02        Certain Calculations. Unless otherwise specified herein, the following provisions shall apply:

 

(a)           All calculations of interest with respect to the Mortgage Loans shall be made in accordance with the terms of the related Note
and Mortgage.

 

(b)           For purposes of distribution of Yield Maintenance Charges pursuant to Section 4.01(d) of this Agreement on any Distribution
Date, the Class of Non-Vertically Retained Principal Balance Certificates as to which the Non-Vertically Retained Percentage of
any prepayment shall be deemed to be distributed shall be determined on the assumption that the portion of the Principal Distribution
Amount paid to the Non-Vertically Retained Principal Balance Certificates on such Distribution Date in respect of principal shall
consist first of the Non-Vertically Retained Percentage of scheduled payments included in the definition of Principal Distribution
Amount and second of the Non-Vertically Retained Percentage of prepayments included in such definition.

 

(c)           Any Mortgage Loan payment is deemed to be received by the Trust Fund on the date such payment is actually received by the Master
Servicer, the Special Servicer or the Certificate Administrator; provided, however, that for purposes of calculating
distributions on the Certificates, Principal Prepayments with respect to any Mortgage Loan are deemed to be received on the date
they are applied in accordance with Section 3.01(b) of this Agreement to reduce the outstanding principal balance of such
Mortgage Loan on which interest accrues.

 

(d)           For purposes of calculating distributions on the Certificates and the Uncertificated VRR Interest and, in the absence of express
provisions in the related Loan Documents (and/or, with respect to each Outside Serviced Mortgage Loan, the related Outside Servicing
Agreement) to the contrary, for purposes of otherwise collecting amounts due under a Mortgage Loan, all amounts collected by or
on behalf of the Trust in respect of any Mortgage Loan in the form of payments from the related Mortgagor, Liquidation Proceeds,
Condemnation Proceeds or Insurance Proceeds (excluding, if applicable, in the case of each Serviced Loan Combination, any amounts
payable to the holder(s) of the related Companion Loan(s) pursuant to the related Co-Lender Agreement) shall be deemed to be allocated
in the following order of priority:

 

(i)          as a recovery of any unreimbursed Advances (including any Workout-Delayed Reimbursement Amount) with respect to the related Mortgage
Loan, and unpaid interest at the Advance Rate on such Advances and, if applicable, unreimbursed and unpaid expenses of the Trust
with respect to the related Mortgage Loan;

 

(ii)         as a recovery of Nonrecoverable Advances with respect to the related Mortgage Loan and any interest on those Nonrecoverable Advances
at the Advance Rate, to the extent previously paid or reimbursed from principal collections on the Mortgage Pool (as described
in the first proviso in the definition of “Aggregate Principal Distribution Amount”);

 

(iii)        to the extent not previously so allocated pursuant to clause (i) or (ii) above, as a recovery of accrued and unpaid interest on
such Mortgage Loan (exclusive

 

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of
Default Interest and Excess Interest) to the extent of the excess of (A) all unpaid interest (exclusive of Default Interest and
Excess Interest) accrued on such Mortgage Loan at the related Mortgage Rate in effect from time to time through the end of the
applicable Mortgage Loan interest accrual period, over (B) after taking into account any allocations pursuant to clause (v) below
on earlier dates, the aggregate portion of the accrued and unpaid interest described in subclause (A) of this clause (iii) that
either (1) was not advanced because of the reductions (if any) in the amount of related P&I Advances for such Mortgage Loan
that have theretofore occurred under Section 4.06(a) of this Agreement in connection with related Appraisal Reduction Amounts
or (2) accrued at the related Net Mortgage Rate on the portion of the Stated Principal Balance of such Mortgage Loan equal to
any related Collateral Deficiency Amount in effect from time to time and as to which no P&I Advance was made;

 

(iv)        to the extent not previously so allocated pursuant to clause (i) or (ii) above, as a recovery of principal
of such Mortgage Loan then due and owing, including by reason of acceleration of such Mortgage Loan following a default thereunder
(or, if the Mortgage Loan has been liquidated, as a recovery of principal to the extent of its entire remaining unpaid principal
balance);

 

(v)         as a recovery of accrued and unpaid interest on such Mortgage Loan (exclusive of Default Interest and Excess Interest) to the
extent of the sum of (A) the cumulative amount of the reductions (if any) in the amount of related P&I Advances for such Mortgage
Loan that have theretofore occurred under Section 4.06(a) of this Agreement in connection with related Appraisal Reduction
Amounts, plus (B) any unpaid interest (exclusive of Default Interest and Excess Interest) that accrued at the related Net Mortgage
Rate on the portion of the Stated Principal Balance of such Mortgage Loan equal to any related Collateral Deficiency Amount in
effect from time to time and as to which no P&I Advance was made (to the extent that collections have not been allocated as
recovery of such accrued and unpaid interest pursuant to this clause (v) on earlier dates);

 

(vi)        as a recovery of amounts to be currently allocated to the payment of, or escrowed for the future payment of, real estate taxes,
assessments and insurance premiums and similar items relating to such Mortgage Loan;

 

(vii)       as a recovery of any other reserves to the extent then required to be held in escrow with respect to such Mortgage Loan;

 

(viii)      as a recovery of any Yield Maintenance Charge then due and owing under such Mortgage Loan;

 

(ix)         as a recovery of any late payment charges and Default Interest then due and owing under such Mortgage Loan;

 

(x)          as a recovery of any Assumption Fees, assumption application fees and Modification Fees then due and owing under such Mortgage
Loan;

 

(xi)         as a recovery of any other amounts then due and owing under such Mortgage Loan other than remaining unpaid principal and other
than, if applicable, accrued

 

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and
unpaid Excess Interest (and, if both Consent Fees and Operating Advisor Consulting Fees are due and owing, first, allocated to
Consent Fees and, then, allocated to Operating Advisor Consulting Fees);

 

(xii)        as a recovery of any remaining principal of such Mortgage Loan to the extent of its entire remaining unpaid principal balance;
and

 

(xiii)       in the case of an ARD Mortgage Loan after the related Anticipated Repayment Date, as a recovery of any accrued but unpaid Excess
Interest;

 

provided that, to the extent required under the REMIC Provisions, payments or proceeds received (or receivable by exercise of the lender’s
rights under the related Loan Documents) with respect to any partial release of a Mortgaged Property (including following a condemnation)
at a time when the loan-to-value ratio of the related Mortgage Loan or Serviced Loan Combination, as applicable, exceeds 125%,
or would exceed 125% following any partial release (based solely on the value of the real property and excluding personal property
and going concern value, if any) must be collected and allocated to reduce the principal balance of the Mortgage Loan or the related
Serviced Loan Combination in the manner permitted by the REMIC Provisions.

 

(e)           Collections by or on behalf of the Trust in respect of any REO Property (exclusive of amounts to be allocated to the payment of
the costs of operating, managing, leasing, maintaining and disposing of such REO Property and, if applicable, in the case of each
Serviced Loan Combination, exclusive of any amounts payable to the holder(s) of the related Companion Loan(s) pursuant to the
related Co-Lender Agreement) shall be deemed to be allocated for purposes of calculating distributions on the Certificates and
(subject to any related Co-Lender Agreement and/or Outside Servicing Agreement) for purposes of otherwise collecting amounts due
under the Mortgage Loan in the following order of priority:

 

(i)          as a recovery of any unreimbursed Advances (including any Workout-Delayed Reimbursement Amount) with respect to the related REO
Mortgage Loan and interest at the Advance Rate on all Advances and, if applicable, unreimbursed and unpaid expenses of the Trust
with respect to the related REO Mortgage Loan;

 

(ii)         as a recovery of any Nonrecoverable Advances with respect to the related REO Mortgage Loan and any interest on those Nonrecoverable
Advances at the Advance Rate, to the extent previously paid or reimbursed from principal collections on the Mortgage Loans (as
described in the first proviso in the definition of “Aggregate Principal Distribution Amount”);

 

(iii)       
to the extent not previously so allocated pursuant to clause (i) or (ii) above, as a recovery of accrued and unpaid interest on
the related REO Mortgage Loan (exclusive of Default Interest and Excess Interest) to the extent of the excess of (A) all unpaid
interest (exclusive of Default Interest and Excess Interest) accrued on such REO Mortgage Loan at the applicable Mortgage Rate
in effect from time to time through the end of the applicable Mortgage Loan interest accrual period, over (B) after taking into
account any allocations pursuant to clause (v) below or clause (v) of Section 1.02(d) above on earlier dates, the aggregate
portion of the accrued and unpaid interest described in

 

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subclause
(A) of this clause (iii) that either (1) was not advanced because of the reductions (if any) in the amount of related P&I
Advances for the related REO Mortgage Loan that have theretofore occurred under Section 4.06(a) of this Agreement in connection
with Appraisal Reduction Amounts or (2) accrued at the applicable Net Mortgage Rate on the portion of the Stated Principal Balance
of such REO Mortgage Loan equal to any related Collateral Deficiency Amount in effect from time to time and as to which no P&I
Advance was made;

 

(iv)        to
the extent not previously so allocated pursuant to clause (i) or (ii) above, as a recovery of principal
of the related REO Mortgage Loan to the extent of its entire unpaid principal balance;

 

(v)         as a recovery of accrued and unpaid interest on the related REO Mortgage Loan (exclusive of Default Interest and Excess Interest)
to the extent of the sum of (A) the cumulative amount of the reductions (if any) in the amount of related P&I Advances for
such REO Mortgage Loan that have theretofore occurred under Section 4.06(a) of this Agreement in connection with related
Appraisal Reduction Amounts, plus (B) any unpaid interest (exclusive of Default Interest and Excess Interest) that accrued at
the applicable Net Mortgage Rate on the portion of the Stated Principal Balance of such REO Mortgage Loan equal to any related
Collateral Deficiency Amount in effect from time to time and as to which no P&I Advance was made (to the extent that collections
have not theretofore been allocated as a recovery of such accrued and unpaid interest on earlier dates pursuant to this clause
(v) or clause (v) of Section 1.02(d) above);

 

(vi)        as a recovery of any Yield Maintenance Charge then due and owing under the related REO Mortgage Loan;

 

(vii)       as a recovery of any late payment charges and Default Interest then due and owing under the related REO Mortgage Loan;

 

(viii)      as a recovery of any Assumption Fees, assumption application fees and Modification Fees then due and owing under the related REO
Mortgage Loan;

 

(ix)        as a recovery of any other amounts then due and owing under the related REO Mortgage Loan other than, if applicable, accrued and
unpaid Excess Interest (and, if both Consent Fees and Operating Advisor Consulting Fees are due and owing, first, allocated
to Consent Fees and, then, allocated to Operating Advisor Consulting Fees); and

 

(x)         in the case of an ARD Mortgage Loan after the related Anticipated Repayment Date, as a recovery of any accrued but unpaid Excess
Interest.

 

(f)            The applications of amounts received in respect of any Mortgage Loan pursuant to paragraph (d) of this Section 1.02 shall
be determined by the Master Servicer in accordance with the Servicing Standard. The applications of amounts received in respect
of any Mortgage Loan or any REO Property pursuant to paragraph (e) of this Section 1.02 shall be determined by the Special
Servicer (unless such Mortgage Loan is, or such REO Property relates to, an Outside Serviced Mortgage Loan, in which case such
applications shall be determined by the Master Servicer) in accordance with the Servicing Standard.

 

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(g)           All net present value calculations and determinations made hereunder with respect to the Mortgage Loans, the Serviced Companion
Loans or a Mortgaged Property or REO Property (including for purposes of the definition of “Servicing Standard”, and
including, if and when applicable, with respect to an Outside Serviced Mortgage Loan or the related Mortgaged Property or any
related REO Property) shall be made using the Calculation Rate.

 

(h)           For purposes of calculating Pass-Through Rates (where applicable) and distributions on, and allocations of applicable Realized
Losses (where applicable) to, the Certificates and the Uncertificated VRR Interest, as well as for purposes of calculating the
Servicing Fee, the Trustee/Certificate Administrator Fee, the Operating Advisor Fee and the Asset Representations Reviewer Ongoing
Fee payable each month, each REO Property (including any REO Property with respect to an Outside Serviced Mortgage Loan held pursuant
to an Outside Servicing Agreement) will be treated as if the related Mortgage Loan and any related Companion Loan(s) had remained
outstanding and the related Loan Documents continued in full force and effect; and all references to “Mortgage Loan,”
“Mortgage Loans” or “Mortgage Pool” (or any other capitalized terms of which such terms are a part) in
this Agreement, when used in that context, will be deemed to also be references to or to also include, as the case may be, any
related REO Mortgage Loan, and all references to “Companion Loan” or “Companion Loans” (or any other capitalized
terms of which such terms are a part) in this Agreement, when used in that context, will be deemed to also be references to or
to also include, as the case may be, any related REO Companion Loan. Each REO Loan will generally be deemed to have the same characteristics
as its actual predecessor Mortgage Loan or Companion Loan, as applicable, including the same fixed Mortgage Rate (and, accordingly,
the same Net Mortgage Rate) and the same unpaid principal balance and Stated Principal Balance. Amounts due on the predecessor
Mortgage Loan or Companion Loan, as applicable, including any portion of those amounts payable or reimbursable to the Master Servicer,
the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Certificate Administrator or the Trustee,
as applicable, will continue to be “due” in respect of the REO Loan; and amounts received in respect of the related
REO Property, net of payments to be made, or reimbursements to the Master Servicer or Special Servicer for payments previously
advanced, in connection with the operation and management of that property, generally will be applied by the Master Servicer as
if received on the predecessor Mortgage Loan or Companion Loan, as applicable.

 

Section
1.03        Certain Constructions.

 

(a)           For purposes of this Agreement, references to the most or next most subordinate Class of Non-Vertically Retained Regular Certificates
outstanding at any time shall mean the most or next most subordinate Class of Non-Vertically Retained Regular Certificates then
outstanding as among the Class A-1, Class A-2, Class A-3-1, Class A-3-2, Class A-4-1, Class A-4-2, Class A-5, Class A-SB, Class
X-A, Class X-D, Class X-F, Class X-G, Class X-H, Class X-J, Class A-S, Class B, Class C, Class D, Class E, Class F, Class G, Class
H and Class J Certificates; provided, however, that for purposes of determining the most subordinate Class of Non-Vertically
Retained Regular Certificates, in the event that the Class A-1, Class A-2, Class A-3-1, Class A-3-2, Class A-4-1, Class A-4-2,
Class A-5 and Class A-SB Certificates are the only Classes of Non-Vertically Retained Principal Balance Certificates outstanding,
the Class A-1, Class A-2, Class A-3-1, Class A-3-2, Class A-4-1, Class A-4-2, Class A-5, Class A-SB and Class X-A Certificates
together will be treated as the most subordinate Class of Non-Vertically Retained

 

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Regular
Certificates. For purposes of this Agreement, each Class of Certificates (other than the Class S and Class R Certificates) shall
be deemed to be outstanding only to the extent its respective Certificate Balance or Notional Amount has not been reduced to zero.
For purposes of this Agreement, the Class R Certificates shall be deemed to be outstanding so long as the Trust REMICs have not
been terminated pursuant to Section 9.01 of this Agreement.

 

(b)           For purposes of this Agreement, except as otherwise expressly provided or unless the context otherwise requires:

 

(i)          the terms defined in this Agreement include the plural as well as the singular, and the use of any gender herein shall be deemed
to include the other gender;

 

(ii)         references herein to “Articles”, “Sections”, “Subsections”, “Paragraphs” and other
subdivisions without reference to a document are to designated Articles, Sections, Subsections, Paragraphs and other subdivisions
of this Agreement;

 

(iii)        a reference to a Subsection without further reference to a Section is a reference to such Subsection as contained in the same
Section in which the reference appears, and this rule shall also apply to Paragraphs and other subdivisions;

 

(iv)        the words “herein”, “hereof”, “hereunder”, “hereto”, “hereby” and
other words of similar import refer to this Agreement as a whole and not to any particular provision; and

 

(v)         the terms “include” or “including” shall mean without limitation by reason of enumeration.

 

(c)           For the avoidance of doubt, with respect to any indemnification provisions in this Agreement providing that the Trust is required
to indemnify a party to this Agreement, or a party to this Agreement is required to indemnify the Trust or another party to this
Agreement, for costs, fees and expenses, such costs, fees and expenses are intended to include costs (including, but not limited
to, reasonable attorney’s fees and expenses) of the enforcement of such indemnity.

 

ARTICLE
II

 

CONVEYANCE
OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF 

CERTIFICATES

 

Section
2.01        Conveyance of Mortgage Loans.

 

(a)           The Depositor, concurrently with the execution and delivery hereof, does hereby establish a trust to be designated as Benchmark
2022-B35 Mortgage Trust, appoint the Trustee to serve as trustee of such trust and assign, sell, transfer, set over and otherwise
convey to the Trustee (as holder of the Lower-Tier Regular Interests) in trust without recourse for the benefit of the Certificateholders
and the Uncertificated VRR Interest Owners all the right, title and interest of the Depositor, including any security interest
therein for the benefit of the Depositor, in, to and under (i) the Mortgage Loans identified on the Mortgage Loan Schedule, (ii)
Sections 2, 3, 4, 5 (other than Section 5(e), 5(f), 5(h) (insofar as it relates to the delivery of the subject certification

 

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to
the Depositor) and 5(m) (insofar as the indemnity relates to the failure in clause (ii) of such section 5(m)), 6 (other than Sections
6(i), 6(j) and 6(k)) and (to the extent related to the foregoing) 7, 11, 12, 13, 14, 16, 17, 18, 20, 22, 23 and 24 of each Mortgage
Loan Purchase Agreement, (iii) each Co-Lender Agreement, if any, and (iv) all Escrow Accounts, Lock-Box Accounts and all other
assets included or to be included in the Trust Fund for the benefit of the Certificateholders and the Uncertificated VRR Interest
Owners. Such assignment includes all interest and principal received or receivable on or with respect to the Mortgage Loans (other
than payments of principal and interest and other amounts due and payable on the Mortgage Loans on or before the Cut-Off Date
and excluding any Retained Defeasance Rights and Obligations with respect to the Mortgage Loans). Such assignment of any Outside
Serviced Mortgage Loan is further subject to the terms and conditions of the applicable Outside Servicing Agreement and the related
Co-Lender Agreement. The transfer of the Mortgage Loans and the related rights and property accomplished hereby is absolute and,
notwithstanding Section 12.08 of this Agreement, is intended by the parties to constitute a sale.

 

(b)           In connection with the Depositor’s assignment pursuant to Section 2.01(a) of this Agreement, the Depositor shall
direct each Mortgage Loan Seller (pursuant to the related Mortgage Loan Purchase Agreement) to deliver to and deposit with (or
to cause to be delivered to and deposited with) the Custodian (on behalf of the Trustee), on or before the Closing Date, the Mortgage
File for each Mortgage Loan, with copies (other than with respect to an Outside Serviced Mortgage Loan) to be delivered, within
five (5) Business Days after the Closing Date, to the Master Servicer. Notwithstanding anything to the contrary contained herein,
(A) with respect to an Outside Serviced Mortgage Loan as of the Closing Date, (i) if the Custodian is not also the applicable
Outside Custodian with respect to such Outside Serviced Mortgage Loan, the preceding document delivery requirements shall be deemed
satisfied by the delivery by the applicable Mortgage Loan Seller to the Custodian (on behalf of the Trustee) of (I) with respect
to the documents and/or instruments referred to in clause (1) of the definition of “Mortgage File”, executed
originals of the related documents, and (II) with respect to the documents and/or instruments referred to in clauses (2) through
(20) of the definition of “Mortgage File”, a copy of such documents (with the actual such documents to be delivered
to the applicable Outside Custodian under the applicable Outside Servicing Agreement) and (ii) the Custodian is also the applicable
Outside Custodian with respect to such Outside Serviced Mortgage Loan, the preceding document delivery requirements shall be deemed
satisfied by the delivery by the applicable Mortgage Loan Seller to the Custodian (on behalf of the Trustee) of (I) with respect
to the documents and/or instruments referred to in clause (1) of the definition of “Mortgage File”, executed
originals of the related documents, and (II) with respect to the documents and/or instruments referred to in clauses (2) through
(20) of the definition of “Mortgage File”, a copy of any such document only if such document was not required
to be delivered to the applicable Outside Custodian under the applicable Outside Servicing Agreement; provided that with respect
to such Outside Serviced Mortgage Loan, (x) if Computershare Trust Company, National Association ceases to be the Custodian under
this Agreement with respect to such Outside Serviced Mortgage Loan, it shall, upon receipt of a request for release, provide to
the successor Custodian executed originals of the documents and/or instruments referred to in clause (1) of the definition
of “Mortgage File” and copies of the documents and/or instruments referred to in clauses (2) through (20) of
the definition of “Mortgage File”, and (y) if Computershare Trust Company, National Association ceases to be the Outside
Custodian under the applicable Outside Servicing Agreement with respect to such Outside Serviced Mortgage Loan, it shall, promptly
provide copies

 

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of
the documents and/or instruments referred to in clauses (2) through (20) of the definition of “Mortgage File”
to the Custodian under this Agreement; and (B) with respect to a Servicing Shift Mortgage Loan, the related Mortgage File delivered
to and deposited with the Custodian (on behalf of the Trustee) as contemplated by the first sentence of this Section 2.01(b) shall, on or after the related Servicing Shift Date, be transferred to the Outside Custodian related to the securitization
of the related Pari Passu Companion Loan evidenced by the related Servicing Shift Lead Note in accordance with the second paragraph
of Section 2.01(c) and with the expectation that the assignments referred to in clauses (4), (5) and (14) of the definition
of “Mortgage File” (to the extent that recordation of such item would have otherwise been required) will be recorded
in the name of the trustee for that securitization. None of the Certificate Administrator, the Trustee, the Custodian, the Master
Servicer or the Special Servicer shall be liable for any failure by any Mortgage Loan Seller or the Depositor to comply with the
document delivery requirements of the related Mortgage Loan Purchase Agreement and this Section 2.01(b). Notwithstanding
anything herein to the contrary, with respect to letters of credit (exclusive of those relating to an Outside Serviced Mortgage
Loan), the applicable Mortgage Loan Seller shall deliver, on or before the Closing Date, to the Master Servicer and the Master
Servicer shall hold the original (or copy, if such original has been submitted by the applicable Mortgage Loan Seller to the issuing
bank to effect an assignment or amendment of such letter of credit (changing the beneficiary thereof to the Trustee (in care of
the Master Servicer) for the benefit of Certificateholders, the Uncertificated VRR Interest Owners and, if applicable, the related
Serviced Companion Loan Holder, to the extent required in order for the Master Servicer to draw on such letter of credit on behalf
of the Trustee for the benefit of Certificateholders, the Uncertificated VRR Interest Owners and, if applicable, the related Serviced
Companion Loan Holder in accordance with the applicable terms thereof and/or of the related Loan Documents)) and the applicable
Mortgage Loan Seller shall be deemed to have satisfied any delivery requirements of the related Mortgage Loan Purchase Agreement
and this Section 2.01(b) by delivering, on or before the Closing Date, with respect to any letter(s) of credit a copy thereof
to the Custodian together with an Officer’s Certificate of the applicable Mortgage Loan Seller certifying that such document
has been delivered to the Master Servicer or an Officer’s Certificate from the Master Servicer certifying that it holds
the letter(s) of credit pursuant to this Section 2.01(b). If a letter of credit referred to in the previous sentence is
not in a form that would allow the Master Servicer to draw on such letter of credit on behalf of the Trustee for the benefit of
Certificateholders, the Uncertificated VRR Interest Owners and, if applicable, the related Serviced Companion Loan Holder(s) in
accordance with the applicable terms thereof and/or of the related Loan Documents, the applicable Mortgage Loan Seller shall deliver
the appropriate assignment or amendment documents (or copies of such assignment or amendment documents if the related Mortgage
Loan Seller has submitted the originals to the related issuer of such letter of credit for processing) to the Master Servicer
within 90 days of the Closing Date; provided that with respect to a Servicing Shift Mortgage Loan, no such assignments shall be
made until the earlier of (i) the related Servicing Shift Date, in which case such assignments shall be made in accordance with
the related Servicing Shift Mortgage Loan Pooling and Servicing Agreement, and (ii) the earlier of (A) 180 days after the Closing
Date and (B) such time as any such letter of credit is required to be drawn upon by the Master Servicer, in which case such assignments
shall be made in favor of the Trustee for the benefit of the Certificateholders and the Uncertificated VRR Interest Owners and
for the benefit of the holder(s) of the related Companion Loan(s), until the occurrence of the related Servicing Shift Date. Contemporaneous
with the securitization of the related Pari Passu Companion Loan evidenced by the related

 

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Servicing
Shift Lead Note, any such letter of credit shall be assigned to the related Outside Servicer or related Outside Trustee, as applicable,
as provided in the related Servicing Shift Mortgage Loan Pooling and Servicing Agreement. The applicable Mortgage Loan Seller
shall pay any costs of assignment or amendment of such letter(s) of credit required in order for the Master Servicer to draw on
such letter(s) of credit on behalf of the Trustee for the benefit of Certificateholders, the Uncertificated VRR Interest Owners
and, if applicable, the related Serviced Companion Loan Holder, and shall cooperate with the reasonable requests of the Master
Servicer or the Special Servicer, as applicable, in connection with effectuating a draw under any such letter of credit prior
to the date such letter of credit is assigned or amended in order that it may be drawn by the Master Servicer on behalf of the
Trustee for the benefit of Certificateholders, the Uncertificated VRR Interest Owners and, if applicable, the related Serviced
Companion Loan Holder.

 

Notwithstanding
anything to the contrary contained herein, with respect to each Co-sponsored Mortgage Loan, the obligations of each of the related
Applicable Co-sponsors to deliver a Mortgage Note (and any related allonge or assignment) to the Custodian shall be limited to
delivery to the Custodian of only the Mortgage Note(s) evidencing the portion of such Co- sponsored Mortgage Loan being sold by
such party (and any related allonge or assignment). With respect to each Co-sponsored Mortgage Loan, the obligations of the related
Applicable Co-sponsors to deliver the remaining portion of the related Mortgage File or any remaining document required to be
delivered with respect thereto shall be joint and several, provided that either of the related Applicable Co-sponsors may deliver
one Mortgage File (exclusive of the related Mortgage Notes) or one of any other remaining document required to be delivered with
respect to such Co-sponsored Mortgage Loan hereunder and such delivery shall satisfy the corresponding delivery requirements
for each of the related Applicable Co-sponsors.

 

With
respect to any Serviced Mortgage Loan secured by a Mortgaged Property that is subject to a franchise agreement with a related
comfort letter in favor of the related Mortgage Loan Seller that requires notice to or request of the related franchisor to transfer
or assign any such related comfort letter to the Trustee for the benefit of the Certificateholders and the Uncertificated VRR
Interest Owners (and, if applicable, the related Serviced Companion Loan Holder(s)) or have a new comfort letter (or any such
new document or acknowledgement as may be contemplated under the existing comfort letter) issued in the name of the Trustee for
the benefit of the Certificateholders and the Uncertificated VRR Interest Owners (and, if applicable, the related Serviced Companion
Loan Holder(s)), the related Mortgage Loan Seller or its designee shall, within 45 days of the Closing Date (or any shorter period
if required by the applicable comfort letter), provide any such required notice or make any such required request to the related
franchisor for the transfer or assignment of such comfort letter or issuance of a new comfort letter (or any such new document
or acknowledgement as may be contemplated under the existing comfort letter), with a copy of such notice or request to the Custodian
(who shall include such document in the related Mortgage File) and the Master Servicer, and the Master Servicer shall use reasonable
efforts in accordance with the Servicing Standard to acquire such replacement comfort letter, if necessary (or to acquire any
such new document or acknowledgement as may be contemplated under the existing comfort letter), and the Master Servicer shall,
as soon as reasonably practicable following receipt thereof, deliver the original of such replacement comfort letter, new document
or acknowledgement, as applicable, to the Custodian for inclusion in the Mortgage File.

 

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After
the Depositor’s transfer of the Mortgage Loans to the Trustee pursuant to this Section 2.01(b), the Depositor shall
not take any action inconsistent with the Trust’s ownership of the Mortgage Loans.

 

(c)           The Depositor hereby represents and warrants that each Mortgage Loan Seller has covenanted in the applicable Mortgage Loan Purchase
Agreement that it shall record and file, or cause a third party on its behalf to record and file, at the related Mortgage Loan
Seller’s expense, in the appropriate public recording office for real property records or UCC financing statements, as appropriate,
each related assignment of Mortgage and assignment of Assignment of Leases referred to in clause (4) of the definition of “Mortgage
File” and each related UCC-3 assignment referred to in clause (15) of the definition of “Mortgage File”, in
each case in favor of the Trustee. This subsection (c) shall not apply to any Outside Serviced Mortgage Loan because the
documents referred to herein have been assigned to the related Outside Trustee. Notwithstanding the foregoing, with respect to
a Servicing Shift Mortgage Loan: (A) the instruments of assignment referred to in clauses (4), (5) and (14) in the definition
of “Mortgage File” may be in blank and need not be recorded pursuant to this Agreement (to the extent recordation
would have otherwise been required) until the earliest of (i) the related Servicing Shift Date, in which case such instruments
shall be completed and, if applicable, recorded in accordance with the related Servicing Shift Mortgage Loan Pooling and Servicing
Agreement, and the related Mortgage Loan Seller shall deliver or cause the delivery of photocopies of any such instruments of
assignment so completed and recorded to the Custodian, (ii) such Servicing Shift Mortgage Loan becomes a Specially Serviced Mortgage
Loan prior to the related Servicing Shift Date, in which case such assignments shall be completed and, if applicable, recorded
in accordance with this Agreement upon such occurrence, and (iii) the expiration of 180 days following the Closing Date, in which
case assignments shall be completed and, if applicable, recordations shall be effected in accordance with this Agreement upon
such occurrence; and (B) on or promptly following the related Servicing Shift Date and upon the transfer of servicing of the related
Servicing Shift Mortgage Loan to the related Outside Servicing Agreement in accordance with the related Co-Lender Agreement, the
Custodian shall deliver the originals of all documents constituting the related Mortgage File and any other related Loan Documents
(if not a part of the related Mortgage File) in its possession (other than the documents described in clause (1) of the definition
of “Mortgage File”) to the related Outside Trustee or the Outside Custodian; provided that, prior to the delivery
of any such original documents to the related Outside Trustee or Outside Custodian, the Custodian shall make and retain photocopies
of any and all documents so delivered to the related Outside Trustee or the Outside Custodian; and provided, further, that, to
the extent any instruments of assignment that are part of the Mortgage File have been recorded or filed pursuant to this Agreement
prior to the related Servicing Shift Date, the Trustee shall execute and deliver assignments to the Outside Trustee.

 

The
Depositor hereby represents and warrants that the applicable Mortgage Loan Seller has covenanted in the related Mortgage Loan
Purchase Agreement as to each Mortgage Loan (exclusive of any Outside Serviced Mortgage Loan), that if it cannot deliver or cause
to be delivered the documents and/or instruments referred to in clauses (2), (3) and (6) (if recorded) and (15) of the definition
of “Mortgage File” solely because of a delay caused by the public recording or filing office where such document or
instrument has been delivered for recordation or filing, as applicable, a copy of the original certified by the applicable Mortgage
Loan Seller or the title agent to be a true and complete copy of the original thereof submitted for recording, shall be forwarded

 

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to
the Custodian. Each assignment referred to in the prior paragraph that is recorded and the file copy of each UCC-3 assignment
referred to in the previous paragraph shall reflect that it should be returned by the public recording or filing office to the
Custodian or its agent following recording (or, alternatively, to the applicable Mortgage Loan Seller or its designee, in which
case the applicable Mortgage Loan Seller shall deliver or cause the delivery of the recorded/filed original to the Custodian promptly
following receipt); provided that, in those instances where the public recording office retains the original assignment
of Mortgage or assignment of Assignment of Leases, the applicable Mortgage Loan Seller or its designee shall obtain and provide
to the Custodian a certified copy of the recorded original. On a monthly basis, at the expense of the applicable Mortgage Loan
Seller, the Custodian shall forward to the Master Servicer a copy of each of the aforementioned assignments following the Custodian’s
receipt thereof.

 

If
the Custodian has received written notice that any of the aforementioned assignments is lost or returned unrecorded or unfiled,
as the case may be, because of a defect therein, then the Custodian shall direct the applicable Mortgage Loan Seller (pursuant
to the Mortgage Loan Purchase Agreement) promptly to prepare or cause the preparation of a substitute therefor or cure such defect
or cause such defect to be cured, as the case may be, and to record or file, or with respect to any assignments that a third party
on the Mortgage Loan Seller’s behalf has agreed to record or file as described above, to deliver to such third party the
substitute or corrected document.

 

(d)           In connection with the Depositor’s assignment pursuant to Section 2.01(a) of this Agreement, except with respect
to any Outside Serviced Mortgage Loan, the Depositor shall direct the applicable Mortgage Loan Seller (pursuant to the related
Mortgage Loan Purchase Agreement) to deliver to and deposit with (or cause to be delivered to and deposited with) the Master Servicer
within five (5) Business Days after the Closing Date: (i) a copy of the Mortgage File; (ii) all documents and records not otherwise
required to be contained in the Mortgage File that (A) relate to the origination and/or servicing and administration of the Mortgage
Loans and any related Serviced Companion Loan(s), (B) 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) or any related Serviced Companion Loans or for evidencing or enforcing any
of the rights of the holder of the Mortgage Loans or any related Serviced Companion Loans or holders of interests therein, and
(C) are in possession or under control of the applicable Mortgage Loan Seller; and (iii) all unapplied Escrow Payments and reserve
funds in the possession or under control of the applicable Mortgage Loan Seller that relate to such Mortgage Loans and any related
Serviced Companion Loans, together with a statement indicating which Escrow Payments and reserve funds are allocable to each Mortgage
Loan, or any related Serviced Companion Loan; provided that the applicable Mortgage Loan Seller shall not be required to
deliver any draft documents, privileged or other related Mortgage Loan Seller communications, credit underwriting, due diligence
analyses or data, or internal worksheets, memoranda, communications or evaluations. The Master Servicer shall hold all such documents,
records and funds on behalf of the Trustee in trust for the benefit of the Certificateholders and the Uncertificated VRR Interest
Owners (and, insofar as they also relate to a Serviced Companion Loan, on behalf of and for the benefit of the applicable Serviced
Companion Loan Holder). Notwithstanding anything to the contrary, the foregoing provisions of this Section 2.01(d) shall
not apply to the Outside Serviced Mortgage Loans. In addition, each Mortgage Loan Seller is required, pursuant to the related

 

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Mortgage
Loan Purchase Agreement, to provide to the Master Servicer the initial data with respect to its Mortgage Loans for the CREFC®
Financial File and the CREFC® Loan Periodic Update File that are required to be prepared by the Master Servicer
pursuant to this Agreement.

 

(e)           In connection with the Depositor’s assignment pursuant to subsection (a) above, the Depositor shall deliver, and
hereby represents and warrants that it has delivered, to the Custodian and the Master Servicer, on or before the Closing Date,
a fully executed original counterpart of each Mortgage Loan Purchase Agreement, as in full force and effect, without amendment
or modification, on the Closing Date.

 

(f)            With respect to a Serviced Loan Combination, the Custodian shall also hold the related Mortgage File for the use and benefit of
the related Serviced Companion Loan Holder(s).

 

(g)           The parties to this Agreement acknowledge and agree, with respect to the Outside Serviced Mortgage Loans, that the Trust assumes
the obligations and rights of the holder of each Outside Serviced Mortgage Loan under the respective Co-Lender Agreement and/or
Outside Servicing Agreement.

 

(h)           It is not intended that this Agreement create a partnership or a joint-stock association.

 

(i)            The parties to this Agreement acknowledge that each Mortgage Loan Purchase Agreement provides that: (1) within sixty (60) days
after the Closing Date, the related Mortgage Loan Seller is required to deliver or cause to be delivered the Diligence File for
each of its Mortgage Loans to the Depositor by uploading such Diligence Files to the Designated Site; and (2) promptly upon completion
of such delivery of the Diligence Files (but in no event later than sixty (60) days after the Closing Date), the applicable Mortgage
Loan Seller is required to provide to the Depositor (with a copy (which may be sent by email if and to the extent provided for
in Section 12.04 of this Agreement) to each of the Master Servicer, the Special Servicer, the Trustee, the Certificate
Administrator, the Custodian, the Controlling Class Representative, the Asset Representations Reviewer and the Operating Advisor)
an officer’s certificate signed by such Mortgage Loan Seller certifying that the electronic copies of the documents uploaded
to the Designated Site constitute all documents required under the definition of “Diligence File” and such Diligence
Files are organized and categorized in accordance with the electronic file structure reasonably requested by the Depositor (the
“Diligence File Certification”). The Depositor shall have no responsibility for determining whether any Diligence
Files delivered to it are complete and shall have no liability to the Trust or the Certificateholders or the Uncertificated VRR
Interest Owners for the failure of any Mortgage Loan Seller to deliver a Diligence File (or a complete Diligence File) to the
Depositor.

 

(j)            Within one (1) Business Day after the Closing Date, the Depositor shall deliver to the Master Servicer the Initial Schedule AL
File and the Initial Schedule AL Additional File in XML Format and Excel format at the following email address: KC_Investor_Reporting@KeyBank.com.

 

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(k)           The parties to this Agreement acknowledge that each Mortgage Loan Purchase Agreement provides that, contemporaneously with the
execution of such Mortgage Loan Purchase Agreement by the Depositor and the related Mortgage Loan Seller, the related Mortgage
Loan Seller is required to deliver to the Special Servicer a power of attorney (substantially in the form of Exhibit G
to such Mortgage Loan Purchase Agreement) that permits the Special Servicer to take such other action as is necessary to effect
the delivery, assignment and/or recordation of any documents and/or instruments relating to any related Mortgage Loan which have
not been delivered, assigned or recorded at the time required for enforcement actions by the Special Servicer on behalf of the
Trust Fund.

 

Section
2.02        Acceptance by the Trustee, the Custodian and the Certificate Administrator.

 

(a)           The Trustee, by its execution and delivery of this Agreement, hereby accepts receipt, directly or through the Custodian on its
behalf, of (i) the Mortgage Loans and all documents delivered to it that constitute portions of the related Mortgage Files and
(ii) all other assets delivered to it and included in the Trust Fund, in good faith and without notice of any adverse claim, and
declares that it or the Custodian on its behalf holds and will hold such documents and any other documents subsequently received
by it that constitute portions of the Mortgage Files, and that the Custodian on behalf of the Trustee holds and will hold the
Mortgage Loans and such other assets, together with any other assets subsequently delivered to it that are to be included in the
Trust Fund, in trust for the exclusive use and benefit of all present and future Certificateholders and the Uncertificated VRR
Interest Owners and, if applicable, the Serviced Companion Loan Holders pursuant to Section 2.01(f) of this Agreement.
With respect to each Serviced Loan Combination, the Custodian shall also hold the portion of such Mortgage File that relates to
any Serviced Companion Loan in such Loan Combination in trust for the use and benefit of the related Serviced Companion Loan Holder.
In connection with the foregoing, the Certificate Administrator, as the initial Custodian, hereby certifies to each of the other
parties hereto, the applicable Mortgage Loan Seller, each Underwriter and each Initial Purchaser that, as to each Mortgage Loan,
(i) all documents specified in clause (1) of the definition of “Mortgage File” are in its possession, and (ii) the
original Note (or, if accompanied by a lost note affidavit or the copy of such Note) received by it with respect to such Mortgage
Loan has been reviewed by it and (A) appears regular on its face (handwritten additions, changes or corrections shall not constitute
irregularities if initialed by the Mortgagor), (B) appears to have been executed (where appropriate) and (C) purports to relate
to such Mortgage Loan.

 

(b)           On or about the 60th day following the Closing Date (and, if any exceptions are noted, again on or about the 90th day following
the Closing Date and monthly thereafter until the earliest of (i) the second anniversary of the Closing Date, (ii) the day on
which all exceptions have been removed and (iii) the day on which the applicable Mortgage Loan Seller has repurchased or substituted
for the last affected Mortgage Loan), the Custodian shall review the documents delivered to it with respect to each Mortgage Loan,
and the Custodian shall, subject to Sections 2.01(c), 2.02(c) and 2.02(d) of this Agreement and the terms
of the respective Mortgage Loan Purchase Agreements, certify in writing (substantially in the form of Exhibit N to this
Agreement) to each of the other parties hereto, the applicable Mortgage Loan Seller, each Underwriter and each Initial Purchaser
(and upon request, in the case of a Serviced Loan Combination, to the related Serviced Companion Loan Holder) that, as to each
Mortgage Loan

 

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then
subject to this Agreement (except as specifically identified in any exception report annexed to such certification, which exception
report shall also be available in electronic format (including Excel-compatible format) upon request): (i) all documents specified
in clauses (1), (2), (3), (4) (other than with respect to an Outside Serviced Mortgage Loan), (5), (6) (provided that the Custodian
has been notified of any related modification), (7), (15) and (20) (for each Mortgage Loan that is part of a Loan Combination)
of the definition of “Mortgage File” are in its possession; (ii)     the recordation/filing contemplated
by Section 2.01(c) of this Agreement has been completed (based solely on receipt by the Custodian (whether that is the
Certificate Administrator or any other Custodian appointed by it) of the particular recorded/filed documents); (iii) all documents
received by the Custodian with respect to such Mortgage Loan have been reviewed by the Custodian and (A) appear regular on their
face (handwritten additions, changes or corrections shall not constitute irregularities if initialed by the Mortgagor), (B) appear
to have been executed (where appropriate) and (C) purport to relate to such Mortgage Loan; and (iv) based on the examinations
referred to in Section 2.02(a) of this Agreement and this Section 2.02(b) and only as to the foregoing documents
(together with any Loan Agreement that has been delivered by the related Mortgage Loan Seller), the information set forth in the
Mortgage Loan Schedule with respect to the items specified in clauses (iv) and (v)(B) of the definition of “Mortgage Loan
Schedule” accurately reflects the information set forth in the Mortgage File. With respect to the items listed in clauses
(2), (3), (4) and (6) of the definition of “Mortgage File” if the original of such document is not in the Custodian’s
possession because it has not been returned from the applicable recording office, then the Custodian’s certification prepared
pursuant to this Section 2.02(b) should indicate the absence of such original. In addition, as it relates to the Outside
Serviced Mortgage Loans (including, for the avoidance of doubt, each Outside Serviced Mortgage Loan with respect to which the
Custodian is also the applicable Outside Custodian under the applicable Outside Servicing Agreement), with respect to the items
listed in clauses (1), (2), (3), (4), (5), (6), (7), (15) and (20) of the definition of “Mortgage File”, the Custodian’s
certification prepared pursuant to this Section 2.02(b) should indicate the absence of such document: (i) in the case of
the item listed in clause (1) of the definition of “Mortgage File”, unless the Custodian is in possession of the original
of such document; and (ii) in the case of the items listed in clauses (2), (3), (4), (5), (6), (7), (15) and (20) of the definition
of “Mortgage File”, unless the Custodian is in possession of a copy of such document. If the Custodian’s obligation
to deliver the certifications contemplated in this subsection terminates because two years have elapsed since the Closing Date,
the Certificate Administrator shall deliver (or cause any other Custodian appointed by it to deliver) a comparable certification
to any party hereto, the Serviced Companion Loan Holder and any Underwriter and any Initial Purchaser on request.

 

(c)           It is acknowledged that none of the Trustee, the Master Servicer, the Special Servicer, the Certificate Administrator or the Custodian
is under any duty or obligation to inspect, review or examine any of the documents, instruments, certificates or other papers
relating to the Mortgage Loans delivered to it to determine that the same are valid, legal, effective, genuine, binding, enforceable,
sufficient or appropriate for the represented purpose or that they are other than what they purport to be on their face. Furthermore,
none of the Trustee, the Master Servicer, the Special Servicer, the Certificate Administrator or the Custodian shall have any
responsibility for determining whether the text of any assignment or endorsement is in proper or recordable form, whether the
requisite recording of any document is in accordance with the requirements of any applicable jurisdiction, or whether a blanket
assignment is permitted in any applicable jurisdiction.

 

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(d)           The parties hereto hereby agree that the scope of the Custodian’s review of the Mortgage Files is limited solely to confirming
that the documents specified in clauses (1), (2), (3), (4) (other than with respect to an Outside Serviced Mortgage Loan), (5),
(6) (provided that the Custodian has been notified of any related modification), (7), (15) and (20) (for each Mortgage Loan that
is part of a Loan Combination) of the definition of “Mortgage File” have been received, appear regular on their face
and such additional information as will be necessary for delivering the certifications required by Sections 2.02(a) and
2.02(b) of this Agreement, and such review is in no way intended to, nor shall it be used to, verify the content of any
collateral descriptions included in any data tapes and shall not otherwise directly or indirectly be reflected in any offering
document. Any review of the Mortgage Files by the Custodian and any certification with respect thereto is not intended to, and
shall not be deemed by the parties to this Agreement to, constitute “due diligence services” or a “third party
due diligence report” as such terms are defined in Rule 17g-10 and 15Ga-2, respectively, under the Exchange Act. Any recipient
of the Custodian’s certification or a copy thereof by its receipt thereof is deemed to agree, and each party to this Agreement
hereby agrees, that it shall not share such certification with any NRSRO or any party not addressed on such certification. Notwithstanding
the foregoing, nothing in this Section 2.02(d) shall relieve any party to this Agreement from its obligation to deliver
information to the Rating Agencies as required under and in accordance with the terms of this Agreement.

 

(e)           If, after the Closing Date, the Depositor comes into possession of any documents or records that constitute part of the Mortgage
File or Servicing File for any Mortgage Loan, the Depositor shall promptly deliver such document to the Custodian with a copy
to the Master Servicer (if it constitutes part of the Servicing File).

 

Section
2.03        Mortgage Loan Sellers’ Repurchase, Substitution or Cures of Mortgage Loans for Document Defects in Mortgage Files
and Breaches of Representations and Warranties.

 

(a)           If (i) any party hereto (other than the Asset Representations Reviewer) (A) discovers or receives notice alleging 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 (B) discovers or receives notice alleging a breach of any representation
or warranty of the applicable Mortgage Loan Seller made pursuant to Section 6(c) of the related Mortgage Loan Purchase Agreement
with respect to any Mortgage Loan (a “Breach”) or (ii) the Special Servicer or the Depositor receives a Repurchase
Request, then such Person shall give prompt written notice thereof to the applicable Mortgage Loan Seller, the Controlling Class
Representative (prior to the occurrence and continuance of a Consultation Termination Event), the other parties hereto, any related
Serviced Companion Loan Holder (if applicable) and, for posting to the Rule 17g-5 Information Provider’s Website pursuant
to Section 12.13 of this Agreement, the Rule 17g-5 Information Provider (to the extent notice has not previously been delivered
to such Persons pursuant to this sentence). If any such Document Defect or Breach materially and adversely affects, or any such
Document Defect is deemed in accordance with Section 2.03(b) of this Agreement to materially and adversely affect, the
value of the related Mortgage Loan, the value of the related Mortgaged Property (or any related REO Property) or the interests
of the Trustee or any Certificateholder or any Uncertificated VRR Interest Owner in the related Mortgage Loan or the related Mortgaged
Property (or any related REO

 

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Property)
or causes any Mortgage Loan to fail to be a Qualified Mortgage, then such Document Defect shall, subject to Section 2.03(b),
constitute a “Material Document Defect” or such Breach shall constitute a “Material Breach”,
as the case may be. The Enforcing Servicer shall determine, with respect to any affected Mortgage Loan (including any successor
REO Mortgage Loan with respect thereto), whether a Document Defect is a Material Document Defect or a Breach is a Material Breach.
If such Document Defect or Breach has been determined to be a Material Defect, then the Enforcing Servicer shall give prompt written
notice to the other parties hereto, the Controlling Class Representative (prior to the occurrence and continuance of a Consultation
Termination Event), and the applicable Mortgage Loan Seller (a) notifying such parties of the existence of such Material Defect
and (b) demanding that the applicable Mortgage Loan Seller, not later than 90 days from the earlier of the applicable Mortgage
Loan Seller’s (x) discovery of, and (y) receipt of notice of, and receipt of a demand to take action with respect to, such
Material Defect (or, in the case of a Material Defect relating to a Mortgage Loan not being a Qualified Mortgage, not later than
90 days from any party discovering such Material Defect), cure the same in all material respects (which cure shall include payment
of losses and any Additional Trust Fund Expenses associated therewith (including, if applicable, the amount of any fees of the
Asset Representations Reviewer payable pursuant to the related Mortgage Loan Purchase Agreement attributable to the Asset Review
of such Mortgage Loan)) or, if such Material Defect cannot be cured within such 90 day period, either (before the end of such
90-day period) (i) repurchase the affected Mortgage Loan or any related REO Property (or the Trust’s interest therein with
respect to any Outside Serviced Mortgage Loan) at the applicable Purchase Price by wire transfer of immediately available funds
to the Collection Account or (ii) solely in the case of an affected Mortgage Loan, substitute a Qualified Substitute Mortgage
Loan for such affected Mortgage Loan (provided that in no event shall any such substitution occur on or after the second
anniversary of the Closing Date) and pay the Master Servicer for deposit into the Collection Account, any Substitution Shortfall
Amount in connection therewith, all in conformity with the applicable Mortgage Loan Purchase Agreement and this Agreement; provided,
however, that if (i) such Material Defect is capable of being cured but not within such 90 day period, (ii) such Material
Defect is not related to any Mortgage Loan not being a Qualified Mortgage and (iii) the applicable Mortgage Loan Seller has commenced
and is diligently proceeding with the cure of such Material Defect within such 90 day period, then such Mortgage Loan 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 or substitution
(it being understood and agreed that, in connection with such Mortgage Loan Seller’s receiving such additional 90 day period,
such Mortgage Loan Seller shall deliver an Officer’s Certificate to the Trustee, the Master Servicer, the Special Servicer
and the Certificate Administrator setting forth the reasons such Material Defect is not capable of being cured within the initial
90 day period and what actions such Mortgage Loan Seller is pursuing in connection with the cure thereof and stating that such
Mortgage Loan Seller anticipates that such Material Defect will be cured within such additional 90 day period); and provided,
further, that, if any such Material Defect is still not cured after the initial 90 day period and any such additional 90
day period solely due to the failure of such Mortgage Loan Seller to have received the recorded document, then such Mortgage Loan
Seller shall be entitled to continue to defer its cure, repurchase and/or substitution obligations in respect of such Material
Defect so long as such Mortgage Loan Seller certifies to the Trustee, the Master Servicer, the Special Servicer and the Certificate
Administrator every 30 days thereafter that the Material Defect is still in effect solely because of its failure to have received
the recorded document and that such Mortgage Loan Seller is diligently

 

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pursuing
the cure of such defect (specifying the actions being taken), except that no such deferral of cure, repurchase or substitution
may continue beyond the date that is 18 months following the Closing Date. If the affected Mortgage Loan is to be repurchased,
the Master Servicer shall designate the Collection Account as the account to which funds in the amount of the Purchase Price are
to be wired. If the affected Mortgage Loan is to be substituted for, the Master Servicer shall designate the Collection Account
as the account to which funds in the amount of the Substitution Shortfall Amount are to be wired. Any such repurchase or substitution
of a Mortgage Loan shall be on a whole loan, servicing released basis. Monthly Payments due with respect to each Qualified Substitute
Mortgage Loan (if any) after the related Due Date in the month of substitution, and Monthly Payments due with respect to each
Mortgage Loan being repurchased or replaced after the related Cut-Off Date and received by the Master Servicer or the Special
Servicer on behalf of the Trust on or prior to the related date of repurchase or substitution, shall be part of the Trust Fund.
Monthly Payments due with respect to each Qualified Substitute Mortgage Loan (if any) on or prior to the related Due Date in the
month of substitution, and Monthly Payments due with respect to each Mortgage Loan being repurchased or replaced and received
by the Master Servicer or the Special Servicer on behalf of the Trust after the related date of repurchase or substitution, shall
not be part of the Trust Fund and are to be remitted by the Master Servicer to the Mortgage Loan Seller effecting the related
repurchase or substitution promptly following receipt. From and after the date of substitution, each Qualified Substitute Mortgage
Loan, if any, that has been substituted shall be deemed to constitute a “Mortgage Loan” hereunder for all purposes.
No mortgage loan may be substituted for a Defective Mortgage Loan as contemplated by this Section 2.03(a) if the Mortgage
Loan to be replaced was itself a Qualified Substitute Mortgage Loan that had replaced a prior Mortgage Loan, in which case, absent
a cure (including by the making of a Loss of Value Payment pursuant to the following paragraph) of the relevant Material Defect,
the affected Mortgage Loan will be required to be repurchased.

 

Notwithstanding
the foregoing provisions of this Section 2.03(a), in lieu of the related Mortgage Loan Seller performing its obligations
with respect to any Material Defect as set forth in the preceding paragraph, to the extent that such Mortgage Loan Seller and
the Enforcing Servicer (subject to the consent of the Controlling Class Representative if and for so long as the Controlling Class
Representative is the applicable Directing Holder) are able to agree upon a cash payment payable by such Mortgage Loan Seller
to the Trust that would be deemed sufficient to compensate the Trust for such Material Defect (a “Loss of Value Payment”),
such Mortgage Loan Seller may elect, in its sole discretion, to pay such Loss of Value Payment to the Trust, and the amount of
such Loss of Value Payment shall be deposited into the Loss of Value Reserve Fund to be applied in accordance with Section
3.06(c) of this Agreement; provided that a Material Defect as a result of a Mortgage Loan not constituting a Qualified
Mortgage may not be cured by a Loss of Value Payment. In connection with the Enforcing Servicer’s reaching an agreement
with a Mortgage Loan Seller as to a Loss of Value Payment, the Master Servicer shall, upon the Enforcing Servicer’s request,
promptly provide the Enforcing Servicer with a copy of the Servicing File for such Mortgage Loan and any other information relating
to such Mortgage Loan and reasonably requested by the Enforcing Servicer. Any agreement by the Enforcing Servicer with a Mortgage
Loan Seller as to any Loss of Value Payment with respect to a Specially Serviced Loan shall be subject to the consent of the Controlling
Class Representative (if and for so long as the Controlling Class Representative is the applicable Directing Holder). The Loss
of Value Payment shall include the portion of any Liquidation Fees payable to the Special Servicer in respect of such Loss of
Value Payment and, in the case of a Mortgage Loan, the portion of fees of the Asset Representations

 

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Reviewer
attributable to any Asset Review of such Mortgage Loan. Upon its making a Loss of Value Payment, the applicable Mortgage Loan
Seller shall be deemed to have cured the subject Material Defect in all respects. Provided that such Loss of Value Payment is
made, this paragraph describes the sole remedy available to the Certificateholders, the Uncertificated VRR Interest Owners or
the Trust regarding any such Material Defect in respect of which such Loss of Value Payment is accepted, and the related Mortgage
Loan Seller shall not be obligated to repurchase or replace the affected Mortgage Loan or otherwise cure such Material Defect.
This paragraph is intended to apply only to a mutual agreement or settlement between the applicable Mortgage Loan Seller and the
Enforcing Servicer, provided that, prior to any such agreement or settlement, nothing in this paragraph shall preclude
the Mortgage Loan Seller or the Enforcing Servicer, as applicable, from exercising any of its rights related to a Material Defect
in the manner and within the time frames set forth in the related Mortgage Loan Purchase Agreement or this Section 2.03
(excluding this paragraph) (including any right to cure, repurchase or substitute for such Mortgage Loan).

 

If
(x) a Mortgage Loan is to be repurchased or replaced as described above (a “Defective Mortgage Loan”), (y)
such Defective Mortgage Loan is part of a Cross-Collateralized Group and (z) the applicable Document Defect or Breach does not
constitute a Material Defect as to the other Mortgage Loan(s) that are a part of such Cross-Collateralized Group (the “Other
Crossed Loans”) (without regard to this paragraph), then the applicable Document Defect or Breach (as the case may be)
shall be deemed to constitute a Material Defect as to each such Other Crossed Loan for purposes of the above provisions, and the
related Mortgage Loan Seller shall be obligated to repurchase or replace each such Other Crossed Loan in accordance with the provisions
above unless, in the case of such Breach or Document Defect, as applicable:

 

(A)          the related Mortgage Loan Seller (at its expense) delivers or causes to be delivered to the Trustee, the Master Servicer and the
Special Servicer an Opinion of Counsel to the effect that such Mortgage Loan Seller’s repurchase or replacement of only
the Mortgage Loan(s) as to which a Material Defect has actually occurred without regard to the provisions of this paragraph (the
“Affected Loan(s)”) and the operation of the remaining provisions of this Section 2.03(a) (i) will not
cause any Trust REMIC to fail to qualify as a REMIC or cause the Grantor Trust to fail to qualify as a grantor trust under subpart
E, part I of subchapter J of the Code for federal income tax purposes at any time that any Certificate is outstanding and (ii)
will not result in the imposition of a tax upon any Trust REMIC or the Trust Fund (including but not limited to the tax on “prohibited
transactions” as defined in Section 860F(a)(2) of the Code and the tax on contributions to a REMIC set forth in Section
860G(d) of the Code); and

 

(B)           each of the following conditions would be satisfied if the related Mortgage Loan Seller were to repurchase or replace only the
Affected Loans and not the Other Crossed Loans:

 

(1)          the debt service coverage ratio for such Other Crossed Loan(s) (excluding the Affected Loan(s)) for the four calendar quarters
immediately preceding the repurchase or replacement is not less than the lesser of (A) 0.10x below the debt service coverage ratio
for the Cross-Collateralized Group (including the Affected Loan(s)) set forth in Annex A to the Prospectus

 

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and
(B) the debt service coverage ratio for the Cross-Collateralized Group (including the Affected Loan(s)) for the four preceding
calendar quarters preceding the repurchase or replacement;

 

(2)          the loan-to-value ratio for the Other Crossed Loans (excluding the Affected Loan(s)) is not greater than the greatest of (A) the
loan-to-value ratio, expressed as a whole number percentage (taken to one decimal place), for the Cross-Collateralized Group (including
the Affected Loan(s)) set forth in Annex A to the Prospectus plus 10%, (B) the loan-to-value ratio, expressed as
a whole number percentage (taken to one decimal place), for the Cross-Collateralized Group (including the Affected Loan(s)) at
the time of repurchase or replacement and (C) 75%; and

 

(3)          either (x) the exercise of remedies against the Primary Collateral of any Mortgage Loan in the Cross-Collateralized Group will
not impair the ability to exercise remedies against the Primary Collateral of the other Mortgage Loans in the Cross-Collateralized
Group or (y) the Loan Documents evidencing and securing the relevant Mortgage Loans have been modified in a manner that complies
with the related Mortgage Loan Purchase Agreement and this Agreement and that removes any threat of impairment of the ability
to exercise remedies against the Primary Collateral of the other Mortgage Loans in the Cross-Collateralized Group as a result
of the exercise of remedies against the Primary Collateral of any Mortgage Loan in the Cross-Collateralized Group.

 

The
determination of the Enforcing Servicer as to whether the conditions set forth above have been satisfied shall be conclusive and
binding in the absence of manifest error on the Certificateholders, the Uncertificated VRR Interest Owners, the other parties
to this Agreement and the related Mortgage Loan Seller. The Enforcing Servicer will be entitled to cause to be delivered, or direct
the related Mortgage Loan Seller to cause to be delivered, to the Enforcing Servicer an Appraisal of any or all of the related
Mortgaged Properties for purposes of determining whether the condition set forth in clause (B)(2) above has been satisfied, in
each case at the expense of the related Mortgage Loan Seller if the scope and cost of the Appraisal is approved by the related
Mortgage Loan Seller and, so long as a Consultation Termination Event has not occurred and is not continuing, by the Controlling
Class Representative (such approval not to be unreasonably withheld in each case).

 

With
respect to any Defective Mortgage Loan that forms a part of a Cross-Collateralized Group and as to which the conditions described
in the second preceding paragraph are satisfied, such that the Trust Fund will continue to hold the Other Crossed Loans, the related
Mortgage Loan Seller and the Trustee, as successor to the Depositor, are bound by an agreement (set forth in the related Mortgage
Loan Purchase Agreement) to forbear from enforcing any remedies against the other’s Primary Collateral but each is permitted
to exercise remedies against the Primary Collateral securing its respective Mortgage Loans, including with respect to the Trustee,
the Primary Collateral securing the Affected Loan(s) still held by the Trust Fund. If the exercise of remedies by one such party
would impair the ability of the other such party to exercise its remedies with respect to the Primary Collateral securing the
Affected Loan or the Other

 

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Crossed
Loans, as the case may be, held by the other such party, then both parties have agreed to forbear from exercising such remedies
unless and until the Loan Documents evidencing and securing the relevant Mortgage Loans can be modified in a manner that complies
with the related Mortgage Loan Purchase Agreement to remove the threat of impairment as a result of the exercise of remedies.
Any reserve or other cash collateral or letters of credit securing any of the Mortgage Loans that form a Cross-Collateralized
Group shall be allocated between such Mortgage Loans in accordance with the related Loan Documents, or otherwise on a pro rata
basis based upon their outstanding Stated Principal Balances. All other terms of the related Mortgage Loans shall remain in
full force and effect, without any modification thereof. The provisions of this paragraph shall be binding on all future holders
of each Mortgage Loan that forms part of a Cross-Collateralized Group.

 

Pursuant
to each Mortgage Loan Purchase Agreement, if there is a Material Defect with respect to one or more Mortgaged Properties securing
a Mortgage Loan, the related Mortgage Loan Seller shall not be obligated to repurchase the Mortgage Loan if (i) the affected Mortgaged
Property(ies) may be released pursuant to the terms of any partial release provisions in the related Loan Documents (and such
Mortgaged Property(ies) is, in fact, released), (ii) the remaining Mortgaged Property(ies) satisfy the requirements, if any, set
forth in the related Loan Documents and the related Mortgage Loan Seller provides an opinion of counsel to the effect that such
release would not (A) cause any Trust REMIC to fail to qualify as a REMIC or cause the Grantor Trust to fail to qualify as a grantor
trust or (B) result in the imposition of a tax upon any Trust REMIC or the Trust and (iii) each Rating Agency has provided a Rating
Agency Confirmation.

 

To
the extent necessary and appropriate, the Master Servicer or Special Servicer, as applicable, shall execute (pursuant to a limited
power of attorney provided by the Trustee that enables the Master Servicer or Special Servicer, as applicable, to execute) the
modification of the Loan Documents that complies with the applicable Mortgage Loan Purchase Agreement to remove the threat of
impairment of the ability of the Mortgage Loan Seller or the Trust Fund to exercise its remedies with respect to the Primary Collateral
securing the Mortgage Loan(s) held by such party resulting from the exercise of remedies by the other such party; provided that the Trustee shall not be liable for any misuse of any such power of attorney by the Master Servicer or Special Servicer,
as applicable, or any of its agents or subcontractors. The Master Servicer shall advance all costs and expenses incurred by the
Trustee, the Special Servicer and the Master Servicer with respect to any Cross-Collateralized Group pursuant to this paragraph
and the first, second and third preceding paragraphs, and such advances and interest thereon shall (i) constitute and be reimbursable
as Property Advances and (ii) be included in the calculation of Purchase Price for the Affected Loan(s) to be repurchased or replaced.
Neither the Master Servicer nor the Special Servicer shall be liable to any Certificateholder, any Uncertificated VRR Interest
Owner or any other party hereto if a modification of the Loan Documents described above cannot be effected for any reason beyond
the control of the Master Servicer or the Special Servicer or should not be effected as determined by the Master Servicer or Special
Servicer, as applicable, in accordance with the Servicing Standard.

 

If
the Master Servicer, the Special Servicer or the Depositor receives a Repurchase Communication of a withdrawal of a Repurchase
Request of which notice has been previously received or given and which withdrawal is by the Person making such Repurchase Request
(a “Repurchase Request Withdrawal”), such party shall give written notice of such Repurchase

 

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Request
Withdrawal to the applicable Mortgage Loan Seller, the other parties hereto, the Controlling Class Representative (prior to the
occurrence and continuance of a Consultation Termination Event), any Serviced Companion Loan Holder (if applicable) and, for posting
to the Rule 17g-5 Information Provider’s Website pursuant to Section 12.13 of this Agreement, the Rule 17g-5 Information
Provider (to the extent notice has not previously been delivered to such Persons pursuant to this sentence). If the Master Servicer
or the Special Servicer receives a Repurchase Communication that any Mortgage Loan that was subject of a Repurchase Request has
been repurchased or replaced (a “Repurchase”), or that such Repurchase Request has been rejected (a “Repurchase
Request Rejection”), then the Master Servicer or the Special Servicer, as applicable, shall (in accordance with the
following paragraph) give written notice of such Repurchase or Repurchase Request Rejection to the other such party, the Depositor,
the applicable Mortgage Loan Seller (unless it is the entity that has repurchased or replaced the subject Mortgage Loan or rejected
such Repurchase Request), and the Certificate Administrator (in each case unless the proposed recipient is the party that notified
the Master Servicer or the Special Servicer, as applicable, thereof).

 

Each
notice of a Repurchase Request, Repurchase Request Withdrawal, Repurchase or Repurchase Request Rejection required to be given
by a party pursuant to this Section 2.03(a) (each, a “Rule 15Ga-1 Notice”) shall be given no later than
ten (10) Business Days after receipt of a Repurchase Communication of such Repurchase Request, Repurchase Request Withdrawal,
Repurchase or Repurchase Request Rejection, as applicable, and shall include (i) the identity of the related Mortgage Loan and
the Person making the Repurchase Request, (ii) the date that the Repurchase Communication regarding the Repurchase Request, Repurchase
Request Withdrawal, Repurchase or Repurchase Request Rejection was received, as applicable, (iii) if known, the basis for the
Repurchase Request (as asserted in the Repurchase Request) and (iv) in the case of Rule 15Ga-1 Notices provided by the Special
Servicer with respect to a Repurchase Request, a statement as to whether the Special Servicer currently plans to pursue such Repurchase
Request.

 

If
the Trustee, the Master Servicer, the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer or
the Custodian receives a Repurchase Communication of a Repurchase Request, a Repurchase Request Withdrawal, a Repurchase or a
Repurchase Request Rejection, then such party shall promptly forward such Repurchase Communication of such Repurchase Request,
Repurchase Request Withdrawal, Repurchase or Repurchase Request Rejection to the Special Servicer and, prior to the occurrence
and continuance of a Consultation Termination Event, the Controlling Class Representative, and include the following statement
in the related correspondence: “This is a Repurchase Communication regarding [a “Repurchase Request”] [a “Repurchase
Request Withdrawal”] [a “Repurchase”] [a “Repurchase Request Rejection”] under Section 2.03(a) of
the Pooling and Servicing Agreement relating to the Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates,
Series 2022-B35, requiring action by you as the recipient of such [Repurchase Request] [Repurchase Request Withdrawal] [Repurchase]
[Repurchase Request Rejection] thereunder”. Upon receipt of any Repurchase Communication of a Repurchase Request, Repurchase
Request Withdrawal, Repurchase or Repurchase Request Rejection by the Special Servicer pursuant to the foregoing provisions of
this paragraph, the Special Servicer shall be deemed to be the recipient of such Repurchase Communication of such Repurchase Request,
Repurchase Request Withdrawal, Repurchase or Repurchase Request Rejection, and the Special

 

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Servicer
shall comply with the notice procedures set forth in the preceding paragraphs of this Section 2.03(a) with respect to such
Repurchase Communication of such Repurchase Request, Repurchase Request Withdrawal, Repurchase or Repurchase Request Rejection.

 

No
Person that is required to provide a Rule 15Ga-1 Notice pursuant to this Section 2.03(a) (a “Rule 15Ga-1 Notice
Provider”) shall be required to provide any information in a Rule 15Ga-1 Notice protected by the attorney-client privilege
or attorney work product doctrines. Each Mortgage Loan Purchase Agreement will provide that (i) any Rule 15Ga-1 Notice provided
pursuant to this Section 2.03(a) is so provided only to assist the related Mortgage Loan Seller, the Depositor and their
respective Affiliates to comply with Rule 15Ga-1, Items 1104 and 1121 of Regulation AB and any other requirement of law or regulation
and (ii)(A) no action taken by, or inaction of, a Rule 15Ga-1 Notice Provider and (B) no information provided pursuant to this
Section 2.03(a) by a Rule 15Ga-1 Notice Provider in a Rule 15Ga-1 Notice shall be deemed to constitute a waiver or defense
to the exercise of any legal right the Rule 15Ga-1 Notice Provider may have with respect to the related Mortgage Loan Purchase
Agreement, including with respect to any Repurchase Request that is the subject of a Rule 15Ga-1 Notice.

 

On
or before the Closing Date, the Depositor shall deliver to the Master Servicer a copy of each Mortgage Loan Purchase Agreement,
which the Master Servicer shall provide to each Sub-Servicer.

 

(b)           Subject to the applicable Mortgage Loan Seller’s right to cure as contemplated in this Section 2.03, and further subject
to Section 2.01(b) and Section 2.01(c) of this Agreement, failure of such Mortgage Loan Seller to deliver the documents
referred to in clauses (1), (2), (7), (8) and (18) in the definition of “Mortgage File” in accordance with this Agreement
and the applicable Mortgage Loan Purchase Agreement for any Mortgage Loan shall be deemed a Material Document Defect; provided,
however, that no Document Defect (except a deemed Material Document Defect described above) shall be considered to be a
Material Document Defect unless the document with respect to which the Document Defect exists is required in connection with an
imminent enforcement of the lender’s rights or remedies under the related Mortgage Loan, defending any claim asserted by
any Mortgagor or third party with respect to the related Mortgage Loan, establishing the validity or priority of any lien on any
collateral securing the related Mortgage Loan or for any immediate significant servicing obligation.

 

Notwithstanding
any provision of this Agreement, if a Mortgage Loan is not secured by a Mortgaged Property that is, in whole or in part, a hotel,
restaurant (operated by a Mortgagor), healthcare facility, nursing home, assisted living facility, self-storage facility, theater
or fitness center (operated by a Mortgagor), then the failure to deliver copies of the UCC financing statements with respect to
such Mortgage Loan shall not be a Material Defect.

 

(c)           In connection with any repurchase of, or substitution of a Qualified Substitute Mortgage Loan for, a Mortgage Loan pursuant to
this Section 2.03, the Trustee, the Certificate Administrator, the Custodian, the Master Servicer and the Special Servicer
shall each tender to the applicable repurchasing entity, upon delivery to each of them of a receipt executed by the applicable
repurchasing entity evidencing such repurchase or substitution, all portions of the Mortgage File and other documents (including,
without limitation, the Servicing File), and all Escrow Payments and reserve funds, pertaining to such Mortgage Loan possessed
by it, and each

 

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document
that constitutes a part of the Mortgage File shall be endorsed or assigned to the extent necessary or appropriate to the applicable
Mortgage Loan Seller 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 or as otherwise reasonably requested to effect the retransfer
and reconveyance of the Mortgage Loan and the security thereof to the Mortgage Loan Seller or its designee; provided that
such tender by the Trustee, the Certificate Administrator and/or and the Custodian 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
or substitution have been satisfied. The Master Servicer shall, and is hereby authorized and empowered by the Trustee to, prepare,
execute and deliver in its own name, on behalf of the Certificateholders, the Uncertificated VRR Interest Owners and the Trustee
or any of them, the endorsements and assignments contemplated by this Section 2.03(c), and such other instruments as may
be necessary or appropriate to transfer title to an REO Property (including with respect to an Outside Serviced Mortgage Loan)
in connection with the repurchase of, or substitution for, an REO Mortgage Loan and the Trustee shall execute and deliver any
powers of attorney necessary to permit the Master Servicer to do so; provided, however, that the Trustee shall not
be held liable for any misuse of any such power of attorney by the Master Servicer or any of its agents or subcontractors. The
parties to this Agreement acknowledge that the related Mortgage Loan Purchase Agreement provides that in the event a Qualified
Substitute Mortgage Loan is substituted for a Defective Mortgage Loan by the related Mortgage Loan Seller as contemplated by this
Section 2.03, the related Mortgage Loan Seller will be required to deliver to the Custodian the related Mortgage File and
to the Master Servicer all Escrow Payments and reserve funds pertaining to such Qualified Substitute Mortgage Loan possessed by
it and a certification to the effect that such Qualified Substitute Mortgage Loan satisfies all of the requirements of the definition
of “Qualified Substitute Mortgage Loan” in this Agreement.

 

The
parties to this Agreement acknowledge that the related Mortgage Loan Purchase Agreement provides that if any Mortgage Loan is
to be repurchased or replaced as contemplated by this Section 2.03, the related Mortgage Loan Seller will be required to
amend the Mortgage Loan Schedule (as such term is defined in the related Mortgage Loan Purchase Agreement) to reflect the removal
of any deleted Mortgage Loan and, if applicable, the substitution of the related Qualified Substitute Mortgage Loan(s) and deliver
or cause the delivery of such amended Mortgage Loan Schedule (as such term is defined in the related Mortgage Loan Purchase Agreement)
to the parties to this Agreement. Upon any substitution of a Qualified Substitute Mortgage Loan for a deleted Mortgage Loan, such
Qualified Substitute Mortgage Loan shall become part of the Trust Fund and be subject to the terms of this Agreement in all respects.

 

(d)           The related Mortgage Loan Purchase Agreement provides the sole remedies available to the Certificateholders and the Uncertificated
VRR Interest Owners, or the Trustee on behalf of the Certificateholders and the Uncertificated VRR Interest Owners, respecting
any Document Defect or Breach with respect to any Mortgage Loan.

 

(e)           The parties to this Agreement acknowledge, with respect to each Outside Serviced Mortgage Loan, that the related Mortgage Loan
Purchase Agreement provides that if a “material document defect” (as such term or any analogous term is defined in
the related Outside Servicing Agreement) exists under the related Outside Servicing Agreement with respect to the

 

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related
Pari Passu Companion Loan that is included in the Outside Securitization Trust established under the related Outside Servicing
Agreement, and such Pari Passu Companion Loan is repurchased by or on behalf of the related Mortgage Loan Seller (or other responsible
repurchasing entity) from such Outside Securitization Trust as a result of such “material document defect” (as such
term or any analogous term is defined in such Outside Servicing Agreement), then the related Mortgage Loan Seller will be required
to repurchase such Outside Serviced Mortgage Loan; provided, however, that such repurchase obligation does not apply to any “material
document defect” (as such term or any analogous term is defined in the related Outside Servicing Agreement) related solely
to the promissory note for the subject Pari Passu Companion Loan.

 

(f)            (i)          In the event an Initial Requesting Certificateholder delivers a written request to a party to this Agreement that a Mortgage
Loan be repurchased by the applicable Mortgage Loan Seller alleging the existence of a Material Defect with respect to such Mortgage
Loan and setting forth the basis for such allegation (a “Certificateholder Repurchase Request”), such party
shall promptly forward that Certificateholder Repurchase Request to the Enforcing Servicer, and the Enforcing Servicer shall promptly
forward that Certificateholder Repurchase Request to the applicable Mortgage Loan Seller and each other party to this Agreement.

 

(ii)         In the event that any of the Depositor, the Master Servicer, the Special Servicer, the Trustee, the Certificate Administrator
or the Operating Advisor (solely in its capacity as operating advisor) determines that a Mortgage Loan should be repurchased or
replaced due to a Material Defect, or has knowledge of a Material Defect with respect to a Mortgage Loan, then such party shall
deliver prompt written notice of such Material Defect to the Enforcing Servicer identifying the applicable Mortgage Loan and setting
forth the basis for such allegation (a “PSA Party Repurchase Request”). Notwithstanding anything to the contrary
in the first sentence of this clause (ii) or any other provision of this Agreement, the Trustee may, but is not obligated to,
make a determination that a Mortgage Loan should be repurchased or replaced due to a Material Defect. The Enforcing Servicer shall
promptly forward such PSA Party Repurchase Request to the applicable Mortgage Loan Seller and each other party to this Agreement.
Subject to subsections (g), (h), (i), (j) and (k) of this Section 2.03, the Enforcing
Servicer shall act as the Enforcing Party and enforce the rights of the Trust against the related Mortgage Loan Seller with respect
to each Repurchase Request. The Enforcing Servicer shall enforce the obligations of the Mortgage Loan Sellers under the Mortgage
Loan Purchase Agreements (including, without limitation, obligations resulting from a Material Defect) pursuant to the terms of
this Agreement and the Mortgage Loan Purchase Agreements. Subject to the provisions of the applicable Mortgage Loan Purchase Agreement
and this Agreement, such enforcement, including, without limitation, the legal prosecution of claims, if any, shall be carried
out in such form, to such extent and at such time as the Enforcing Servicer would require were it, in its individual capacity,
the owner of the affected Mortgage Loan, and in accordance with the Servicing Standard. Any costs incurred by the Enforcing Servicer
with respect to the enforcement of the obligations of a Mortgage Loan Seller under the applicable Mortgage Loan Purchase Agreement
shall be deemed to be Property Advances, to the extent not recovered from the Mortgage Loan Seller or the applicable Requesting
Certificateholder and/or Consultation Requesting Certificateholder.

 

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(iii)        In the event a Repurchase Request is not Resolved within 180 days after the Mortgage Loan Seller receives the Repurchase Request
(a “Resolution Failure”), then the provisions described in Section 2.03(g) below shall apply.
Receipt of the Repurchase Request shall be deemed to occur two (2) Business Days after the Repurchase Request is sent to the related
Mortgage Loan Seller in a commercially reasonable manner. The fact that a Repurchase Request has been Resolved pursuant to clause
(vi) of the definition of “Resolved” shall not preclude the Enforcing Servicer from exercising any of its rights related
to a Material Defect in the manner and timing otherwise set forth in this Agreement, in the related Mortgage Loan Purchase Agreement
or as provided by law.

 

(g)           (i)          After a Resolution Failure occurs with respect to a Repurchase Request regarding a Mortgage Loan (whether the Repurchase Request
was initiated by an Initial Requesting Certificateholder or by a party to this Agreement), the Enforcing Servicer shall send a
notice (a “Proposed Course of Action Notice”) to the Initial Requesting Certificateholder, if any, to the address
specified in the Initial Requesting Certificateholder’s Repurchase Request, and to the Certificate Administrator who shall
make such notice available to all other Certificateholders, Certificate Owners and the Uncertificated VRR Interest Owners by posting
such notice on the Certificate Administrator’s Website indicating the Enforcing Servicer’s intended course of action
with respect to the Repurchase Request. If (a) the Enforcing Servicer’s intended course of action with respect to the Repurchase
Request does not involve pursuing further action to exercise rights against the applicable Mortgage Loan Seller with respect to
the Repurchase Request, or (b) the Enforcing Servicer’s intended course of action is to pursue further action to exercise
rights against the related Mortgage Loan Seller with respect to the Repurchase Request but a Requesting Certificateholder does
not agree with the course of action selected by the Enforcing Servicer and, in the case of clause (a) or (b), a Requesting Certificateholder
wishes to exercise its right to refer the matter to mediation (including non-binding arbitration) or arbitration, if any, then
a Requesting Certificateholder may deliver to the Enforcing Servicer a written notice (a “Preliminary Dispute Resolution
Election Notice”) within 30 days from the date the Proposed Course of Action Notice was posted on the Certificate Administrator’s
Website (the 30th day following the date of posting, the “Dispute Resolution Cut-off Date”) indicating its
intent to exercise its right to refer the matter to either mediation (including non-binding arbitration) or arbitration. In addition,
any Certificateholder or Certificate Owner may deliver, prior to the Dispute Resolution Cut-off Date, a written notice (a “Consultation
Election Notice”) requesting the right to participate in any Dispute Resolution Consultation (as defined in clause (iii)
below) that is conducted by the Enforcing Servicer following the Enforcing Servicer’s receipt of a Preliminary Dispute Resolution
Election Notice as provided in clause (iii) below.

 

(ii)         If no Requesting Certificateholder delivers a Preliminary Dispute Resolution Election Notice prior to the Dispute Resolution Cut-off
Date, then no Certificateholder, Certificate Owner or Uncertificated VRR Interest Owner shall have the right to refer the Repurchase
Request to mediation or arbitration, and the Enforcing Servicer shall be the sole party obligated and entitled to determine a
course of action, including, but not limited to, enforcing the Trust’s rights against the related Mortgage Loan Seller,
subject to any consent or consultation rights of the Controlling Class Representative if and for as long as it is the applicable
Directing Holder or applicable Consulting Party.

 

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(iii)        Promptly and in any event within ten (10) Business Days following receipt of a Preliminary Dispute Resolution Election Notice
from a Requesting Certificateholder, the Enforcing Servicer shall consult with each Requesting Certificateholder regarding such
Requesting Certificateholder’s intention to elect either mediation (including non-binding arbitration) or arbitration as
the dispute resolution method with respect to the Repurchase Request, and with any Consultation Requesting Certificateholder (the
“Dispute Resolution Consultation”) so that each such Dispute Resolution Requesting Holder may consider the
views of the Enforcing Servicer as to the claims underlying the Repurchase Request and possible dispute resolution methods, such
discussions to occur and be completed no later than ten (10) Business Days following the Dispute Resolution Cut-off Date. The
Enforcing Servicer shall be entitled to establish procedures the Enforcing Servicer deems to be in accordance with the Servicing
Standard relating to the timing and extent of such consultations. No later than five (5) Business Days after completion of the
Dispute Resolution Consultation, a Dispute Resolution Requesting Holder may provide a final notice to the Enforcing Servicer indicating
its decision to exercise its right to refer the matter to either mediation or arbitration (“Final Dispute Resolution
Election Notice”).

 

(iv)        If, following the Dispute Resolution Consultation, no Dispute Resolution Requesting Holder timely delivers a Final Dispute Resolution
Election Notice to the Enforcing Servicer, then no Certificateholder, Certificate Owner or Uncertificated VRR Interest Owner shall
have any further right to refer the Repurchase Request to mediation or arbitration, and the Enforcing Servicer shall be the sole
party obligated and entitled to determine a course of action including, but not limited to, enforcing the Trust’s rights
against the related Mortgage Loan Seller, subject to any consent or consultation rights of the applicable Directing Holder.

 

(v)         If a Dispute Resolution Requesting Holder timely delivers a Final Dispute Resolution Election Notice to the Enforcing Servicer,
then such Dispute Resolution Requesting Holder shall become the Enforcing Party and must promptly submit the matter to mediation
(including non-binding arbitration) or arbitration. If more than one Dispute Resolution Requesting Holder timely delivers a Final
Dispute Resolution Election Notice, then such Dispute Resolution Requesting Holders shall collectively become the Enforcing Party,
and the holder or holders of a majority of the Voting Rights among such Dispute Resolution Requesting Holder shall be entitled
to make all decisions relating to such mediation or arbitration (including whether to refer the matter to mediation (including
non-binding arbitration) or arbitration). If, however, no Dispute Resolution Requesting Holder commences arbitration or mediation
pursuant to the terms of this Agreement within thirty (30) days after delivery of its Final Dispute Resolution Election Notice
to the Enforcing Servicer, then (i) the rights of any Dispute Resolution Requesting Holder to act as the Enforcing Party shall
terminate and no Certificateholder, Certificate Owner or Uncertificated VRR Interest Owner shall have any further right to elect
to refer the matter to mediation or arbitration, (ii) if the Proposed Course of Action Notice indicated that the Enforcing Servicer
will take no further action with respect to the Repurchase Request, then the related Material Defect shall be deemed waived for
all purposes under this Agreement and the related Mortgage Loan Purchase Agreement, provided, however, that such Material
Defect will not be deemed waived with respect to the Enforcing Servicer to the extent there

 

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is
a material change from the facts and circumstances known to it at the time when the Proposed Course of Action Notice was delivered
by the Enforcing Servicer, and (iii) if the Proposed Course of Action Notice had indicated a course of action other than the course
of action under clause (ii), then the Enforcing Servicer shall be the sole party obligated and entitled to determine a course
of action including, but not limited to, enforcing the Trust’s rights against the related Mortgage Loan Seller.

 

(vi)        Notwithstanding the foregoing, the dispute resolution provisions described above under this Section 2.03(g) shall not apply,
and the Enforcing Servicer shall be the sole party entitled to enforce the Trust’s rights against the related Mortgage Loan
Seller, if the Enforcing Servicer has commenced litigation with respect to the Repurchase Request, or determines in accordance
with the Servicing Standard that it is in the best interest of Certificateholders and the Uncertificated VRR Interest Owners to
commence litigation with respect to the Repurchase Request to avoid the running of any applicable statute of limitations.

 

(vii)       In the event a Dispute Resolution Requesting Holder becomes the Enforcing Party, the Enforcing Servicer, on behalf of the Trust,
shall remain a party to any proceedings against the related Mortgage Loan Seller as further described herein.

 

(viii)      For the avoidance of doubt, none of the Depositor, any Mortgage Loan Seller or any of their respective affiliates shall be entitled
to be a Dispute Resolution Requesting Holder or otherwise vote Certificates owned by it or such Affiliate(s) with respect to a
course of action proposed or undertaken pursuant to the procedures described in this Section 2.03.

 

(ix)         The Dispute Resolution Requesting Holders are entitled to elect either mediation or arbitration with respect to a Repurchase Request
in their sole discretion; provided, however, no Dispute Resolution Requesting Holder shall be entitled to then utilize
the alternative method in the event that the initial method is unsuccessful, and no other Certificateholder, Certificate Owner
or Uncertificated VRR Interest Owner shall be entitled to elect either arbitration or mediation in the event a mediation or arbitration
is undertaken with respect to such Repurchase Request.

 

(h)           If the Enforcing Party selects mediation (including non-binding arbitration), the following provisions shall apply:

 

(i)          The mediation shall be administered by a nationally recognized mediation organization selected by the applicable Mortgage Loan
Seller within 30 days of receipt of written notice of the Enforcing Party’s selection of mediation (such provider, the “Mediation
Services Provider”) in accordance with published mediation procedures (the “Mediation Rules”) promulgated
by the Mediation Services Provider.

 

(ii)         The mediator shall be impartial, an attorney admitted to practice in the State of New York and have at least fifteen (15) years
of experience in commercial litigation, and if possible, commercial real estate finance or commercial mortgage-backed securitization
matters and who will be appointed from a list of neutrals maintained by the

 

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Mediation
Services Provider. Upon being supplied a list of at least ten potential qualified mediators by the Mediation Services Provider
each party will have the right to exercise two peremptory challenges within fourteen (14) days and to rank the remaining potential
mediators in order of preference. The Mediation Services Provider shall select the mediator from the remaining attorneys on the
list respecting the preference choices of the parties to the extent possible.

 

(iii)        Prior to accepting an appointment, the mediator must promptly disclose any circumstances likely to create a reasonable inference
of bias or conflict of interest or likely to preclude completion of the hearings within the prescribed time schedule.

 

(iv)        The parties shall use commercially reasonable efforts to conduct an organizational conference to begin the mediation within 10
Business Days of the selection of the mediator and to conclude the mediation within 60 days thereafter.

 

(v)         The expenses of any mediation shall be allocated among the parties to the mediation including, if applicable, between the Enforcing
Party and the Enforcing Servicer, as mutually agreed by the parties as part of the mediation (any such expenses allocated to the
Enforcing Servicer shall be reimbursed as provided in clause (vi) below).

 

(vi)        Out-of-pocket costs and expenses of the Enforcing Servicer for mediation or arbitration, to the extent not agreed to be paid by
the Enforcing Party or another party (in the case of mediation) or allocated to the Enforcing Party or another party (in the case
of arbitration), shall be reimbursable as expenses of the Trust Fund payable out of the Collection Account pursuant to Section
3.06(a) of this Agreement.

 

(i)            If the Enforcing Party selects third-party arbitration, the following provisions will apply:

 

(i)          The arbitration shall be administered by a nationally recognized arbitration organization selected by the related Mortgage Loan
Seller within 30 days of receipt of written notice of the Enforcing Party’s selection of third-party arbitration (such provider,
the “Arbitration Services Provider”) in accordance with published arbitration procedures (the “Arbitration
Rules”) promulgated by the Arbitration Services Provider.

 

(ii)         The arbitrator shall be impartial, an attorney admitted to practice in the State of New York and have at least 15 years of experience
in commercial litigation, and if possible, commercial real estate finance or commercial mortgage-backed securitization matters
and who will be appointed from a list of neutrals maintained by the Arbitration Services Provider. Upon being supplied a list
of at least ten potential arbitrators by the Arbitration Services Provider each party will have the right to exercise two peremptory
challenges within 14 days and to rank the remaining potential arbitrators in order of preference. The Arbitration Services Provider
will select the arbitrator from the remaining attorneys on the list respecting the preference choices of the parties to the extent
possible.

 

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(iii)        Prior to accepting an appointment, the arbitrator must promptly disclose any circumstances likely to create a reasonable inference
of bias or conflict of interest or likely to preclude completion of the hearings within the prescribed time schedule.

 

(iv)        After consulting with the parties at an organizational conference held not later than 10 Business Days after its appointment,
the arbitrator shall devise procedures and deadlines for the arbitration, to the extent not already agreed to by the parties,
with the goal of expediting the proceeding and completing the arbitration within 120 days. The arbitrator shall have the authority
to schedule, hear, and determine any and all motions, including dispositive and discovery motions, in accordance with the Federal
Rules of Civil Procedure for non-jury matters (the “Rules”) (including summary judgment and other prehearing
and post hearing motions), and will do so by reasoned decision on the motion of any party to the arbitration.

 

(v)         Notwithstanding whatever other discovery may be available under the Rules, unless otherwise agreed by the parties, each party
to the arbitration will be presumptively limited to the following discovery in the arbitration: (A) the parties shall reasonably
and in good faith voluntarily produce to all other parties all documents upon which they intend to rely and all documents they
reasonably and in good faith believe to be relevant to the claims or defenses asserted by any of the parties, (B) party witness
depositions (excluding Rule 30b-6 witnesses), and (C) expert witness depositions, provided that the arbitrator shall have
the ability to grant the parties, or either of them, additional discovery to the extent that the arbitrator determines good cause
is shown that such additional discovery is reasonable and necessary.

 

(vi)        The arbitrator shall make its final determination no later than 30 days after the conclusion of the hearings and submission of
any post-hearing submissions. The arbitrator shall resolve the dispute in accordance with the terms of the related Mortgage Loan
Purchase Agreement and this Agreement, and may not modify or change those agreements in any way or award remedies not consistent
with those agreements. The arbitrator will not have the power to award punitive damages or consequential damages in any arbitration
conducted by them. Interest on any monetary award shall bear interest from the date of the Final Dispute Resolution Election Notice
at the Prime Rate. In its final determination, the arbitrator shall determine and award the costs of the arbitration (including
the fees of the arbitrator, cost of any record or transcript of the arbitration, and administrative fees) and shall award reasonable
attorneys’ fees to the parties to the arbitration as determined by the arbitrator in its reasonable discretion. The determination
of the arbitrator shall be by a reasoned decision in writing and counterpart copies will be promptly delivered to the parties.
The final determination of the arbitrator shall be final and non-appealable, except for actions to confirm or vacate the determination
permitted under federal or state law, and may be enforced in any court of competent jurisdiction.

 

(vii)       By selecting arbitration, the Enforcing Party is waiving its right to sue in court, including the right to a trial by jury.

 

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(viii)      No person may bring a putative or certified class action to arbitration.

 

(j)            The
following provisions will apply to both mediation and third-party arbitration:

 

(i)          Any mediation or arbitration will be held in New York, New York unless another location is agreed by all parties;

 

(ii)         If the dispute involves a matter that cannot effectively be remedied by the payment of damages, or if there be any dispute relating
to arbitration or the arbitrators that cannot be resolved promptly by the arbitrators or the Arbitration Services Provider, then
any party in such instance may during the pendency of the arbitration proceedings seek temporary equitable remedies, pending the
final decision of the arbitration panel, solely by application in the Southern District of New York if such court shall have subject
matter jurisdiction, or if the Southern District of New York has no jurisdiction, then the Supreme Court of the State of New York
for the County of New York. The arbitration proceedings shall not be stayed unless so ordered by the court.

 

(iii)        The details and/or existence of any Repurchase Request, any informal meetings, mediations or arbitration proceedings conducted
under this Section 2.03, including all offers, promises, conduct and statements, whether oral or written, made in the course
of the parties’ attempt to informally resolve any Repurchase Request, will be confidential, privileged and inadmissible
for any purpose, including impeachment, in any mediation, arbitration or litigation, or other proceeding (including any proceeding
under this Section 2.03). Such information will be kept strictly confidential and shall not be disclosed or shared with
any third party (other than a party’s attorneys, experts, accountants and other agents and representatives, as reasonably
required in connection with any resolution procedure under this Section 2.03), except as otherwise required by law, regulatory
requirement or court order. If any party to a resolution procedure receives a subpoena or other request for information from a
third party (other than a governmental regulatory body) for such confidential information, the recipient shall promptly notify
the other party to the resolution procedure and shall provide the other party with a reasonable opportunity to object to the production
of its confidential information.

 

(iv)        In the event a Dispute Resolution Requesting Holder is the Enforcing Party, the agreement with the arbitrator or mediator, as
the case may be, shall be required to contain an acknowledgment that the Trust, or the Enforcing Servicer on its behalf, shall
be a party to any arbitration or mediation proceedings solely for the purpose of being the beneficiary of any award in favor of
the Enforcing Party; provided that the degree and extent to which the Enforcing Servicer actively prepares for and participates
in such proceeding shall be determined by such Enforcing Servicer in consultation with the Controlling Class Representative (provided
that no Consultation Termination Event has occurred and is continuing and only if an Excluded Mortgage Loan is not involved),
and in accordance with the Servicing Standard. All amounts recovered by the Enforcing Party shall be paid to the Trust, or the
Enforcing Servicer on its behalf, and deposited in the Collection Account. The agreement with the arbitrator or mediator, as the
case may be,

 

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shall
provide that in the event a Dispute Resolution Requesting Holder is allocated any related costs and expenses pursuant to the terms
of the arbitrator’s decision or the agreement reached in mediation, neither the Trust nor the Enforcing Servicer acting
on its behalf shall be responsible for any such costs and expenses allocated to the Dispute Resolution Requesting Holder.

 

(v)         In the event a Dispute Resolution Requesting Holder is the Enforcing Party, the Dispute Resolution Requesting Holder shall be
required to pay any expenses allocated to the Enforcing Party in the arbitration proceedings or any expenses that the Enforcing
Party agrees to bear in the mediation proceedings.

 

(vi)        The Trust (or the Enforcing Servicer or a trustee, acting on its behalf), the Depositor or any Mortgage Loan Seller shall be permitted
to redact any personally identifiable customer information included in any information provided for purposes of any mediation
or arbitration. Each party to the proceedings shall be required to agree to keep confidential the details related to the Repurchase
Request and the dispute resolution identified in connection with such procedures; provided, however, that (1) the
Certificateholders and Certificate Owners shall be permitted to communicate prior to the commencement of any such proceedings
to the extent provided in Section 5.07, (2) to the extent that the Enforcing Servicer is required under Section 2.03(a) to provide any Rule 15Ga-1 Notice in connection with such Repurchase Request, the Enforcing Servicer shall be permitted to
include in such Rule 15Ga-1 Notice the information required pursuant to Section 2.03(a) and (3) the applicable Mortgage
Loan Seller shall be permitted to disclose information related to the Repurchase Request to the extent necessary to comply with
its obligations under Rule 15Ga-1 or Item 1104 of Regulation AB.

 

(vii)       For the avoidance of doubt, in no event shall the exercise of any right of a Dispute Resolution Requesting Holder to refer a Repurchase
Request to mediation or arbitration or to participate in such mediation or arbitration affect in any manner the ability of the
Special Servicer to perform its obligations with respect to a Specially Serviced Loan (including without limitation, a liquidation,
foreclosure, negotiation of a loan modification or workout, acceptance of a discounted pay off or deed-in-lieu, or bankruptcy
or other litigation) or the exercise of any rights of the Controlling Class Representative if and for as long as it is the applicable
Directing Holder.

 

(viii)      Any out-of-pocket expenses required to be borne by or allocated to the Enforcing Servicer in a mediation or arbitration shall
be reimbursable as expenses of the Trust Fund payable out of the Collection Account pursuant to Section 3.06(a) of this
Agreement.

 

Section
2.04        Representations and Warranties of the Depositor.

 

(a)           The Depositor hereby represents and warrants to the Trustee, for its own benefit and the benefit of the Certificateholders, the
Uncertificated VRR Interest Owners and the Serviced Companion Loan Holders, and to the Master Servicer, the Special Servicer,
the Operating Advisor, the Asset Representations Reviewer and the Certificate Administrator, as of the Closing Date, that:

 

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(i)          The Depositor is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware,
and is duly qualified as a foreign corporation in good standing in all jurisdictions in which the ownership or lease of its property
or the conduct of its business requires such qualification (except where the failure to qualify would not have a materially adverse
effect on the consummation of any transactions contemplated by this Agreement); the Depositor has taken all necessary corporate
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, including, but not limited to, the power and
authority to sell, assign and transfer the Mortgage Loans in accordance with this Agreement; the Depositor has duly authorized
the execution, delivery and performance of this Agreement, and has duly executed and delivered this Agreement;

 

(ii)         Assuming the due authorization, execution and delivery of this Agreement by each other party hereto, this Agreement and all of
the obligations of the Depositor hereunder are the legal, valid and binding obligations of the Depositor, enforceable against
the Depositor in accordance with the terms of this Agreement, except as such enforcement may be limited by bankruptcy, insolvency,
reorganization or other similar laws affecting the enforcement of creditors’ rights generally, and by general principles
of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law) and, as to any rights
of indemnification hereunder, by considerations of public policy;

 

(iii)        Neither the execution and delivery by the Depositor of this Agreement nor the compliance by the Depositor with the provisions
hereof, nor the consummation by the Depositor of the transactions contemplated by this Agreement, will (A) conflict with or result
in a breach of, or constitute a default under, the organizational documents of the Depositor or, after giving effect to the consents
or taking of the actions contemplated by clause (B) of this paragraph (iii), any of the provisions of any law, governmental rule,
regulation, judgment, decree or order binding on the Depositor or its properties, or any of the provisions of any indenture or
agreement or other instrument to which the Depositor is a party or by which it is bound or result in the creation or imposition
of any lien, charge or encumbrance upon any of its properties pursuant to the terms of any such indenture, agreement or other
instrument or (B) require any consent of, notice to, or filing with any person, entity or governmental body, which has not been
obtained or made by the Depositor, except where, in any of the instances contemplated by clause (A) above or this clause (B),
the failure to do so will not have a material and adverse effect on the consummation of any transactions contemplated by this
Agreement;

 

(iv)        There is no litigation, charge, investigation, action, suit or proceeding pending or, to the Depositor’s knowledge, threatened
against the Depositor in any court or by or before any other governmental agency or instrumentality the outcome of which could
be reasonably expected to materially and adversely affect the validity of the Mortgage Loans or the ability of the Depositor to
carry out the transactions contemplated by this Agreement;

 

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(v)         The Depositor is not transferring the Mortgage Loans to the Trustee with any intent to hinder, delay or defraud its present or
future creditors;

 

(vi)        No proceedings looking toward merger, liquidation, dissolution or bankruptcy of the Depositor are pending or contemplated;

 

(vii)       Immediately prior to the transfer of the Mortgage Loans to the Trustee for the benefit of the Certificateholders and the Uncertificated
VRR Interest Owners pursuant to this Agreement, the Depositor had such right, title and interest in and to each Mortgage Loan
as was transferred to it by the related Mortgage Loan Seller pursuant to the related Mortgage Loan Purchase Agreement;

 

(viii)      The Depositor has not transferred any of its right, title and interest in and to the Mortgage Loans (as such was transferred to
it by the Mortgage Loan Sellers pursuant to the Mortgage Loan Purchase Agreements) to any Person other than the Trustee; and

 

(ix)         The Depositor is transferring all of its right, title and interest in and to the Mortgage Loans (as such was transferred to it
by the Mortgage Loan Sellers pursuant to the Mortgage Loan Purchase Agreements) to the Trustee for the benefit of the Certificateholders
and the Uncertificated VRR Interest Owners free and clear of any and all liens, pledges, charges, security interests and other
encumbrances created by or through the Depositor.

 

(b)           The representations and warranties set forth in paragraph (a) above shall survive the execution and delivery of this Agreement.
Upon discovery by the Depositor, the Master Servicer, the Special Servicer or a Responsible Officer of the Trustee or the Certificate
Administrator (or upon written notice thereof from any Certificateholder or any Serviced Companion Loan Holder) of a breach of
any of the representations and warranties set forth in this Section which materially and adversely affects the interests of any
party to this Agreement, the Certificateholders or any Serviced Companion Loan Holder or the interests of the Master Servicer,
the Special Servicer or the Trustee in any Mortgage Loan or Serviced Loan Combination, the party discovering such breach shall
give prompt written notice to the other parties hereto, each Certifying Certificateholder, the Serviced Companion Loan Holders
and, prior to the occurrence and continuance of a Consultation Termination Event, the Controlling Class Representative.

 

Section
2.05        Representations, Warranties and Covenants of the Master Servicer.

 

(a)           The Master Servicer hereby represents and warrants to, and covenants with, the Trustee, for its own benefit and the benefit of
the Certificateholders, the Uncertificated VRR Interest Owners and the Serviced Companion Loan Holders, and to and with the Depositor,
the Special Servicer, the Operating Advisor, the Asset Representations Reviewer and the Certificate Administrator, as of the Closing
Date, that:

 

(i)          The Master Servicer is a national banking association, duly organized, validly existing and in good standing under the laws of
the United States of America, and the Master Servicer is in compliance with the laws of each jurisdiction in

 

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which
a Mortgaged Property is located to the extent necessary to perform its obligations under this Agreement;

 

(ii)         The execution and delivery of this Agreement by the Master Servicer, and the performance and compliance with the terms of this
Agreement by the Master Servicer, do not violate the Master Servicer’s organizational documents or constitute a default
(or an event that, with notice or lapse of time, or both, would constitute a default) under, or result in the breach of, any material
agreement or other material instrument to which it is a party or that is applicable to it or any of its assets, in each case,
which does or is likely to materially and adversely affect either the ability of the Master Servicer to perform its obligations
under this Agreement or the financial condition of the Master Servicer;

 

(iii)        The Master Servicer has the full power and authority to enter into and consummate all transactions to be performed by it as contemplated
by this Agreement, has duly authorized the execution, delivery and performance of this Agreement, and has duly executed and delivered
this Agreement;

 

(iv)        This Agreement, assuming due authorization, execution and delivery by each of the other parties hereto, constitutes a valid, legal
and binding obligation of the Master Servicer, enforceable against the Master Servicer in accordance with the terms hereof, subject
to (A) applicable bankruptcy, receivership, insolvency, liquidation, fraudulent transfer, reorganization, moratorium and other
laws affecting the enforcement of creditors’ (including bank creditors’) rights generally, (B) general principles
of equity, regardless of whether such enforcement is considered in a proceeding in equity or at law and (C) public policy considerations
regarding the enforceability of provisions providing or purporting to provide indemnification or contribution with respect to
violations of securities laws;

 

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

 

(vi)        No litigation is pending or, to the best of the Master Servicer’s knowledge, threatened against the Master Servicer that
would prohibit the Master Servicer from entering into this Agreement or, in the Master Servicer’s good faith and reasonable
judgment, is likely to materially and adversely affect either the ability of the Master Servicer to perform its obligations under
this Agreement or the financial condition of the Master Servicer;

 

(vii)       Each officer or employee of the Master Servicer that has responsibilities concerning the servicing and administration of Mortgage
Loans and the

 

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Serviced
Companion Loans is covered by errors and omissions insurance in the amounts and with the coverage required by Section 3.08(c) of this Agreement or the Master Servicer self-insures for such errors and omissions coverage in compliance with the requirements
of Section 3.08(c) of this Agreement; and

 

(viii)      No consent, approval, authorization or order of, or filing or registration with, any state or federal court or governmental agency
or body is required for the consummation by the Master Servicer of the transactions contemplated by this Agreement, except for
those consents, approvals, authorizations and orders that previously have been obtained and those filings and registrations that
previously have been completed and except for consents, approvals, authorizations, orders, filings or registrations which are
not required in order for the Master Servicer to enter into this Agreement but may be required (and if so required, will be obtained)
in connection with the Master Servicer’s subsequent performance of this Agreement.

 

(b)           The representations and warranties set forth in paragraph (a) above shall survive the execution and delivery of this Agreement.
Upon discovery by the Depositor, the Master Servicer, the Special Servicer or a Responsible Officer of the Trustee or the Certificate
Administrator (or upon written notice thereof from any Certificateholder, any Uncertificated VRR Interest Owner or any Serviced
Companion Loan Holder) of a breach of any of the representations and warranties set forth in this Section which materially and
adversely affects the interests of any party to this Agreement, the Certificateholders, the Uncertificated VRR Interest Owners
or any Serviced Companion Loan Holder or the interests of the Master Servicer, the Special Servicer or the Trustee in any Mortgage
Loan or Serviced Loan Combination, the party discovering such breach shall give prompt written notice to the other parties hereto,
each Certifying Certificateholder, each Uncertificated VRR Interest Owner, the Serviced Companion Loan Holders and, prior to the
occurrence and continuance of a Consultation Termination Event, the Controlling Class Representative.

 

Section
2.06        Representations, Warranties and Covenants of the Special Servicer.

 

(a)           The Special Servicer hereby represents and warrants to, and covenants with, the Trustee, for its own benefit and the benefit of
the Certificateholders, the Uncertificated VRR Interest Owners and the Serviced Companion Loan Holders, and to and with the Depositor,
the Master Servicer, the Operating Advisor, the Asset Representations Reviewer and the Certificate Administrator, as of the Closing
Date, that:

 

(i)          The Special Servicer is a national banking association, duly organized, validly existing and in good standing under the laws of
the United States of America. The Special Servicer is in compliance with the laws of each jurisdiction in which a Mortgaged Property
is located to the extent necessary to perform its obligations under this Agreement;

 

(ii)         The execution and delivery of this Agreement by the Special Servicer do not, and the performance and compliance with the terms
of this Agreement by the Special Servicer will not, (A) violate the Special Servicer’s organizational documents, articles
of incorporation, limited liability company operating agreement or by-laws, as

 

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applicable,
or (B) constitute a default (or an event that, with notice or lapse of time, or both, would constitute a default) under, or result
in the breach of, any material agreement or other material instrument to which it is a party or that is applicable to it or any
of its assets, in each case, which does or is likely to materially and adversely affect either the ability of the Special Servicer
to perform its obligations under this Agreement or the financial condition of the Special Servicer;

 

(iii)        The Special Servicer has the full power and authority to enter into and consummate all transactions to be performed by it as contemplated
by this Agreement, has duly authorized the execution, delivery and performance of this Agreement, and has duly executed and delivered
this Agreement;

 

(iv)        This Agreement, assuming due authorization, execution and delivery by each of the other parties hereto, constitutes a valid, legal
and binding obligation of the Special Servicer, enforceable against the Special Servicer in accordance with the terms hereof,
subject to (A) applicable bankruptcy, receivership, insolvency, liquidation, fraudulent transfer, reorganization, moratorium and
other laws affecting the enforcement of creditors’ (including bank creditors’) rights generally, (B) general principles
of equity, regardless of whether such enforcement is considered in a proceeding in equity or at law and (C) public policy considerations
regarding the enforceability of provisions providing or purporting to provide indemnification or contribution with respect to
violations of securities laws;

 

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

 

(vi)        No litigation is pending or, to the best of the Special Servicer’s knowledge, threatened against the Special Servicer that
would prohibit the Special Servicer from entering into this Agreement or, in the Special Servicer’s good faith and reasonable
judgment, is likely to materially and adversely affect either the ability of the Special Servicer to perform its obligations under
this Agreement or the financial condition of the Special Servicer;

 

(vii)       Each officer or employee of the Special Servicer that has or, following a transfer of servicing responsibilities to the Special
Servicer pursuant to Section 3.22 of this Agreement, would have, responsibilities concerning the servicing and administration
of Mortgage Loans and Serviced Companion Loans is covered by errors and omissions insurance in the amounts and with the coverage
required by Section 3.08(c) of this Agreement or the Special Servicer self-insures for such errors and omissions coverage
in compliance with the requirements of Section 3.08(c) of this Agreement; and

 

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(viii)      No consent, approval, authorization or order of, or filing or registration with, any state or federal court or governmental agency
or body is required for the consummation by the Special Servicer of the transactions contemplated by this Agreement, except for
those consents, approvals, authorizations and orders that previously have been obtained and those filings and registrations that
previously have been completed and except for consents, approvals, authorizations, orders, filings or registrations which are
not required in order for the Special Servicer to enter into this Agreement but may be required (and if so required, will be obtained)
in connection with the Special Servicer’s subsequent performance of this Agreement.

 

(b)           The representations and warranties set forth in paragraph (a) above shall survive the execution and delivery of this Agreement.
Upon discovery by the Depositor, the Master Servicer, the Special Servicer or a Responsible Officer of the Trustee or the Certificate
Administrator (or upon written notice thereof from any Certificateholder, any Uncertificated VRR Interest Owner or any Serviced
Companion Loan Holder) of a breach of any of the representations and warranties set forth in this Section which materially and
adversely affects the interests of any party to this Agreement, the Certificateholders, the Uncertificated VRR Interest Owners
or any Serviced Companion Loan Holder or the interests of the Master Servicer, the Special Servicer or the Trustee in any Mortgage
Loan or Serviced Loan Combination, the party discovering such breach shall give prompt written notice to the other parties hereto,
each Certifying Certificateholder, the Uncertificated VRR Interest Owners, the Serviced Companion Loan Holders and, prior to the
occurrence and continuance of a Consultation Termination Event, the Controlling Class Representative.

 

Section
2.07        Representations and Warranties of the Trustee.

 

(a)           The Trustee hereby represents and warrants for the benefit of the Certificateholders, the Uncertificated VRR Interest Owners and
the Serviced Companion Loan Holders, and to the Depositor, the Master Servicer, the Special Servicer, the Operating Advisor, the
Asset Representations Reviewer and the Certificate Administrator, as of the Closing Date, that:

 

(i)          The Trustee is a national banking association, duly organized, validly existing and in good standing under the laws of the United
States of America; the Trustee possesses and shall continue to possess all requisite authority, power, licenses, permits, franchise
and approvals to conduct its business and to execute, deliver and comply with its obligations under this Agreement;

 

(ii)         The execution and delivery of this Agreement by the Trustee and its performance and compliance with the terms of this Agreement
will not violate the Trustee’s articles of association or by-laws or shareholders’ resolutions or constitute a default
(or an event which, with notice or lapse of time, or both, would constitute a default) under, or result in the breach of, any
material contract, agreement or other instrument to which the Trustee is a party or which may be applicable to the Trustee or
any of its assets;

 

(iii)        Except to the extent that the laws of any jurisdiction in which a part of the Trust Fund may be located require that a co-trustee
or separate trustee be appointed to act with respect to such property as contemplated by Section 8.08 of this Agreement,
the

 

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Trustee
has the full power and authority to enter into and consummate the transactions contemplated by this Agreement, has duly authorized
the execution, delivery and performance of this Agreement, and has duly executed and delivered this Agreement;

 

(iv)        This Agreement, assuming due authorization, execution and delivery by the other parties hereto, constitutes a valid and binding
obligation of the Trustee, enforceable against it in accordance with the terms of this Agreement, except as such enforcement may
be limited by (A) bankruptcy, insolvency, conservatorship, reorganization, receivership, moratorium or other laws relating to
or affecting the rights of creditors generally, (B) general principles of equity (regardless of whether such enforcement is considered
in a proceeding in equity or at law) and (C) public policy considerations regarding the enforceability of provisions providing
or purporting to provide indemnification or contribution with respect to violations of securities laws;

 

(v)         The Trustee is not in violation of, and the execution and delivery of this Agreement by the Trustee and its performance and compliance
with the terms of this Agreement will not constitute a violation with respect to, any order or decree of any court or any order,
law or regulation of any federal, state, municipal or governmental agency of or in the United States of America having jurisdiction,
which violation would have consequences that would materially and adversely affect the financial condition of the Trustee or might
have consequences that would materially affect the ability of the Trustee to perform its duties hereunder or thereunder;

 

(vi)        No consent, approval, authorization or order of, or registration of filing with, or notice to any court, governmental or regulatory
agency or body, is required for the execution, delivery and performance by the Trustee of this Agreement or if required, such
approval has been obtained prior to the Closing Date; and

 

(vii)       No litigation is pending or, to the best of the Trustee’s knowledge, threatened against the Trustee which would prohibit
its entering into or materially and adversely affect its ability to perform its obligations under this Agreement.

 

(b)           The representations and warranties set forth in paragraph (a) above shall survive the execution and delivery of this Agreement.
Upon discovery by the Depositor, the Master Servicer, the Special Servicer or a Responsible Officer of the Trustee or the Certificate
Administrator (or upon written notice thereof from any Certificateholder, any Uncertificated VRR Interest Owner or any Serviced
Companion Loan Holder) of a breach of any of the representations and warranties set forth in this Section which materially and
adversely affects the interests of any party to this Agreement, the Certificateholders, the Uncertificated VRR Interest Owners
or any Serviced Companion Loan Holder or the interests of the Master Servicer, the Special Servicer or the Trustee in any Mortgage
Loan or Serviced Loan Combination, the party discovering such breach shall give prompt written notice to the other parties hereto,
each Certifying Certificateholder, the Uncertificated VRR Interest Owners, the Serviced Companion Loan Holders and, prior to the
occurrence and continuance of a Consultation Termination Event, the Controlling Class Representative.

 

Section
2.08        Representations and Warranties of the Certificate Administrator.

 

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(a)           The Certificate Administrator hereby represents and warrants to the Trustee, for its own benefit and for the benefit of the Certificateholders,
the Uncertificated VRR Interest Owners and the Serviced Companion Loan Holders, and to the Depositor, the Master Servicer, the
Special Servicer, the Asset Representations Reviewer and the Operating Advisor, as of the Closing Date, that:

 

(i)          The Certificate Administrator is a national banking association, duly organized, validly existing and in good standing under the
laws of the United States of America; the Certificate Administrator possesses and shall continue to possess all requisite authority,
power, licenses, permits, franchise and approvals to conduct its business and to execute, deliver and comply with its obligations
under this Agreement;

 

(ii)         The execution and delivery of this Agreement by the Certificate Administrator and its performance and compliance with the terms
of this Agreement will not violate the Certificate Administrator’s articles of association or by-laws or shareholders’
resolutions or constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under,
or result in the breach of, any material contract, agreement or other instrument to which the Certificate Administrator is a party
or which may be applicable to the Certificate Administrator or any of its assets;

 

(iii)        The Certificate Administrator has the full power and authority to enter into and consummate the transactions contemplated by this
Agreement, has duly authorized the execution, delivery and performance of this Agreement, and has duly executed and delivered
this Agreement;

 

(iv)        This Agreement, assuming due authorization, execution and delivery by the other parties hereto, constitutes a valid and binding
obligation of the Certificate Administrator, enforceable against it in accordance with the terms of this Agreement, except as
such enforcement may be limited by (A) bankruptcy, insolvency, conservatorship, reorganization, receivership, moratorium or other
laws relating to or affecting the rights of creditors generally (B) general principles of equity (regardless of whether such enforcement
is considered in a proceeding in equity or at law) and (C) public policy considerations regarding the enforceability of provisions
providing or purporting to provide indemnification or contribution with respect to violations of securities laws;

 

(v)         The Certificate Administrator is not in violation of, and the execution and delivery of this Agreement by the Certificate Administrator
and its performance and compliance with the terms of this Agreement will not constitute a violation with respect to, any order
or decree of any court or any order, law or regulation of any federal, state, municipal or governmental agency of or in the United
States of America having jurisdiction, which violation would have consequences that would materially and adversely affect the
financial condition of the Certificate Administrator or might have consequences that would materially affect the ability of the
Certificate Administrator to perform its duties hereunder or thereunder;

 

(vi)        No consent, approval, authorization or order of, or registration of filing with, or notice to any court, governmental or regulatory
agency or body, is required

 

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for
the execution, delivery and performance by the Certificate Administrator of this Agreement or if required, such approval has been
obtained prior to the Closing Date; and

 

(vii)       No litigation is pending or, to the best of the Certificate Administrator’s knowledge, threatened against the Certificate
Administrator which would prohibit its entering into or materially and adversely affect its ability to perform its obligations
under this Agreement.

 

(b)           The representations and warranties set forth in paragraph (a) above shall survive the execution and delivery of this Agreement.
Upon discovery by the Depositor, the Master Servicer, the Special Servicer or a Responsible Officer of the Trustee or the Certificate
Administrator (or upon written notice thereof from any Certificateholder, any Uncertificated VRR Interest Owner or any Serviced
Companion Loan Holder) of a breach of any of the representations and warranties set forth in this Section which materially and
adversely affects the interests of any party to this Agreement, the Certificateholders, the Uncertificated VRR Interest Owners
or any Serviced Companion Loan Holder or the interests of the Master Servicer, the Special Servicer or the Certificate Administrator
in any Mortgage Loan or Serviced Loan Combination, the party discovering such breach shall give prompt written notice to the other
parties hereto, each Certifying Certificateholder, the Uncertificated VRR Interest Owners, the Serviced Companion Loan Holders
and, prior to the occurrence and continuance of a Consultation Termination Event, the Controlling Class Representative.

 

Section
2.09        Representations, Warranties and Covenants of the Operating Advisor.

 

(a)           The Operating Advisor hereby represents and warrants to the Trustee, for

 

its
own benefit and the benefit of the Certificateholders, the Uncertificated VRR Interest Owners and the Serviced Companion Loan
Holders, and to the Depositor, the Master Servicer, the Special Servicer and the Certificate Administrator, as of the Closing
Date, that:

 

(i)          The Operating Advisor is a limited liability company, duly organized, validly existing and in good standing under the laws of
the State of New York; and the Operating Advisor is in compliance with the laws of each jurisdiction in which a Mortgaged Property
is located to the extent necessary to perform its obligations under this Agreement;

 

(ii)         The execution and delivery of this Agreement by the Operating Advisor, and the performance and compliance with the terms of this
Agreement by the Operating Advisor, do not violate the Operating Advisor’s organizational documents or constitute a default
(or an event that, with notice or lapse of time, or both, would constitute a default) under, or result in the breach of, any material
agreement or other instrument to which it is a party or that is applicable to it or any of its assets, in each case, which does
or is likely to materially and adversely affect the ability of the Operating Advisor to perform its obligations under this Agreement;

 

(iii)        The Operating Advisor has the full power and authority to enter into and consummate all transactions contemplated by this Agreement,
has duly authorized

 

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the
execution, delivery and performance of this Agreement, and has duly executed and delivered this Agreement;

 

(iv)        This Agreement, assuming due authorization, execution and delivery by each of the other parties hereto, constitutes a valid, legal
and binding obligation of the Operating Advisor, enforceable against the Operating Advisor in accordance with the terms hereof,
subject to (A) applicable bankruptcy, receivership, insolvency, liquidation, fraudulent transfer, reorganization, moratorium and
other laws affecting the enforcement of creditors’ rights generally, (B) general principles of equity, regardless of whether
such enforcement is considered in a proceeding in equity or at law, and (C) public policy considerations regarding the enforceability
of provisions providing or purporting to provide indemnification or contribution with respect to violations of securities laws;

 

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

 

(vi)        No litigation is pending or, to the best of the Operating Advisor’s knowledge, threatened against the Operating Advisor
that would prohibit the Operating Advisor from entering into this Agreement or, in the Operating Advisor’s good faith and
reasonable judgment, is likely to materially and adversely affect the ability of the Operating Advisor to perform its obligations
under this Agreement;

 

(vii)       The Operating Advisor has errors and omissions insurance coverage that is in full force and effect, which complies with the requirements
of Section 3.08 hereof;

 

(viii)      The Operating Advisor is an Eligible Operating Advisor;

 

(ix)        The Operating Advisor possesses sufficient financial strength to fulfill its duties and responsibilities pursuant to this Agreement
over the life of the Trust Fund; and

 

(x)         No consent, approval, authorization or order of, or filing or registration with, any state or federal court or governmental agency
or body is required for the consummation by the Operating Advisor of the transactions contemplated by this Agreement, except for
any consent, approval, authorization or order which has not been obtained or cannot be obtained prior to the Closing Date, and
which, if not obtained would not have a materially adverse effect on the ability of the Operating Advisor to perform its obligations
hereunder.

 

(b)           The representations and warranties set forth in paragraph (a) above shall survive the execution and delivery of this Agreement.
Upon discovery by the Depositor, the Master Servicer, the Special Servicer or a Responsible Officer of the Trustee or the Certificate

 

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Administrator
(or upon written notice thereof from any Certificateholder, any Uncertificated VRR Interest Owner or any Serviced Companion Loan
Holder) of a breach of any of the representations and warranties set forth in this Section which materially and adversely affects
the interests of any party to this Agreement, the Certificateholders, the Uncertificated VRR Interest Owners or any Serviced Companion
Loan Holder or the interests of the Master Servicer, the Special Servicer or the Trustee in any Mortgage Loan or Serviced Loan
Combination, the party discovering such breach shall give prompt written notice to the other parties hereto, each Certifying Certificateholder,
the Uncertificated VRR Interest Owners, the Serviced Companion Loan Holders and, prior to the occurrence and continuance of a
Consultation Termination Event, the Controlling Class Representative.

 

Section
2.10        Representations, Warranties and Covenants of the Asset Representations Reviewer.

 

(a)           The Asset Representations Reviewer hereby represents and warrants to the Trustee, for its own benefit and the benefit of the Certificateholders,
the Uncertificated VRR Interest Owners and the Serviced Companion Loan Holders, and to the Depositor, the Master Servicer, the
Special Servicer and the Certificate Administrator, as of the Closing Date, that:

 

(i)          The Asset Representations Reviewer is a limited liability company, duly organized, validly existing and in good standing under
the laws of the State of New York; and the Asset Representations Reviewer is in compliance with the laws of each jurisdiction
in which a Mortgaged Property is located to the extent necessary to perform its obligations under this Agreement;

 

(ii)         The execution and delivery of this Agreement by the Asset Representations Reviewer, and the performance and compliance with the
terms of this Agreement by the Asset Representations Reviewer, do not violate the Asset Representations Reviewer’s organizational
documents or constitute a default (or an event that, with notice or lapse of time, or both, would constitute a default) under,
or result in the breach of, any material agreement or other instrument to which it is a party or that is applicable to it or any
of its assets, in each case, which does or is likely to materially and adversely affect the ability of the Asset Representations
Reviewer to perform its obligations under this Agreement;

 

(iii)        The Asset Representations Reviewer has the full power and authority to enter into and consummate all transactions contemplated
by this Agreement, has duly authorized the execution, delivery and performance of this Agreement, and has duly executed and delivered
this Agreement;

 

(iv)        This Agreement, assuming due authorization, execution and delivery by each of the other parties hereto, constitutes a valid, legal
and binding obligation of the Asset Representations Reviewer, enforceable against the Asset Representations Reviewer in accordance
with the terms hereof, subject to (A) applicable bankruptcy, receivership, insolvency, liquidation, fraudulent transfer, reorganization,
moratorium and other laws affecting the enforcement of creditors’ rights generally, (B) general principles of equity, regardless
of whether such enforcement is considered in a proceeding in equity

 

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or
at law, and (C) public policy considerations regarding the enforceability of provisions providing or purporting to provide indemnification
or contribution with respect to violations of securities laws;

 

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

 

(vi)        No litigation is pending or, to the best of the Asset Representations Reviewer’s knowledge, threatened against the Asset
Representations Reviewer that would prohibit the Asset Representations Reviewer from entering into this Agreement or, in the Asset
Representations Reviewer’s good faith and reasonable judgment, is likely to materially and adversely affect the ability
of the Asset Representations Reviewer to perform its obligations under this Agreement;

 

(vii)       The Asset Representations Reviewer has errors and omissions insurance coverage that is in full force and effect, which complies
with the requirements of Section 3.08 hereof;

 

(viii)      The Asset Representations Reviewer is an Eligible Asset Representations Reviewer; and

 

(ix)         No consent, approval, authorization or order of, or filing or registration with, any state or federal court or governmental agency
or body is required for the consummation by the Asset Representations Reviewer of the transactions contemplated by this Agreement,
except for any consent, approval, authorization or order which has not been obtained or cannot be obtained prior to the Closing
Date, and which, if not obtained would not have a materially adverse effect on the ability of the Asset Representations Reviewer
to perform its obligations hereunder.

 

(b)           The representations and warranties set forth in paragraph (a) above shall survive the execution and delivery of this Agreement.
Upon discovery by the Depositor, the Master Servicer, the Special Servicer or a Responsible Officer of the Trustee or the Certificate
Administrator (or upon written notice thereof from any Certificateholder, any Uncertificated VRR Interest Owner or any Serviced
Companion Loan Holder) of a breach of any of the representations and warranties set forth in this Section which materially and
adversely affects the interests of any party to this Agreement, the Certificateholders, the Uncertificated VRR Interest Owners
or any Serviced Companion Loan Holder or the interests of the Master Servicer, the Special Servicer or the Trustee in any Mortgage
Loan or Serviced Loan Combination, the party discovering such breach shall give prompt written notice to the other parties hereto,
each Certifying Certificateholder, the Uncertificated VRR Interest Owners, the Serviced Companion Loan Holders

 

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and,
prior to the occurrence and continuance of a Consultation Termination Event, the Controlling Class Representative.

 

Section
2.11        Execution and Delivery of Certificates; Issuance of Lower-Tier Regular Interests.

 

The
Trustee (i) acknowledges the assignment to it of the Mortgage Loans and the delivery of the related Mortgage Files to the Custodian
(to the extent the documents constituting the Mortgage Files are actually delivered to the Custodian), subject to the provisions
of Sections 2.01 and 2.02 of this Agreement, (ii) concurrently with such delivery described in clause (i), declares
that it holds the Mortgage Loans (exclusive of Excess Interest) for the benefit of the Holders of the Class R Certificates (in
respect of the Lower-Tier Residual Interest) and the holder(s) of the Lower-Tier Regular Interests, and (iii) concurrently with
such delivery described in clause (i), declares that it holds the Excess Interest for the benefit of the Holders of the Excess
Interest Certificates and the Uncertificated VRR Interest Owners. Concurrently with such delivery described in clause (i) of the
prior sentence, (i) the Lower-Tier Regular Interests and the Lower-Tier Residual Interest shall be issued, and the Trustee and
Certificate Administrator acknowledge the issuance thereof, in exchange for the assets of the Lower-Tier REMIC, (ii) the Depositor
hereby conveys all right, title and interest in and to the Lower-Tier Regular Interests and other property constituting the Upper-Tier
REMIC to the Trustee, receipt of which is hereby acknowledged, (iii) the Trustee acknowledges and hereby declares that it holds
the same on behalf of the Holders of the Class R Certificates (in respect of the Upper-Tier Residual Interest), the Grantor Trust
(in respect of the Class VRR Upper-Tier Regular Interest) and the Holders of the Non-Vertically Retained Regular Certificates,
and (iv) in exchange for the conveyance described in the immediately preceding clause (ii), (A) the Class VRR Upper-Tier Regular
Interest (together with the other classes of REMIC regular interests in the Upper-Tier REMIC) and the Upper-Tier Residual Interest
shall be issued, and (B) the Certificate Administrator shall execute and cause to be authenticated and delivered to and upon the
order of the Depositor, (1) the Non-Vertically Retained Regular Certificates, and (2) the Class R Certificates (representing the
Lower-Tier Residual Interest and the Upper-Tier Residual Interest), registered in the names set forth in such order and duly authenticated
by the Certificate Administrator. The Depositor hereby conveys all right, title and interest in and to any VRR Specific Grantor
Trust Assets, any Class S Specific Grantor Trust Assets and any other property constituting the Grantor Trust to the Trustee,
receipt of which is hereby acknowledged. The Uncertificated VRR Interest shall be issued and the Certificate Administrator shall
execute and cause to be authenticated and delivered to and upon the order of the Depositor, the Grantor Trust Certificates in
exchange for the conveyance pursuant to the prior sentence.

 

Section
2.12        Miscellaneous REMIC and Grantor Trust Provisions.

 

(a)           The Class LA-1, Class LA-2, Class LA-3-1, Class LA-3-2, Class LA-4-1, Class LA-4-2, Class LA-5, Class LA-SB, Class LA-S, Class
LB, Class LC, Class LD, Class LE, Class LF, Class LG, Class LH, Class LJ and Class LVRR Lower-Tier Regular Interests are hereby
designated as “regular interests” in the Lower-Tier REMIC within the meaning of Code Section 860G(a)(1), and the Lower-Tier
Residual Interest (evidenced by the Class R Certificates) is hereby designated as the sole class of “residual interests”
in the Lower-Tier REMIC within the meaning of Code Section 860G(a)(2).

 

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(b)           The Non-Vertically Retained Regular Certificates and the Class VRR Upper-Tier Regular Interest are hereby designated as “regular
interests” in the Upper-Tier REMIC within the meaning of Code Section 860G(a)(1), and the Upper-Tier Residual Interest (evidenced
by the Class R Certificates) is hereby designated as the sole class of “residual interests” in the Upper-Tier REMIC
within the meaning of Code Section 860G(a)(2).

 

(c)           The Closing Date is hereby designated as the “Startup Day” of the Lower-Tier REMIC and the Upper-Tier REMIC.
The “latest possible maturity date” for purposes of Code Section 860G(a)(1) of the Lower-Tier Regular Interests, the
Non-Vertically Retained Regular Certificates and the Class VRR Upper-Tier Regular Interest is the Rated Final Distribution Date.

 

(d)           None of the Depositor, the Trustee, the Master Servicer, the Special Servicer, the Operating Advisor or the Certificate Administrator
shall enter into any arrangement by which the Trust Fund will receive a fee or other compensation for services other than as specifically
contemplated herein.

 

(e)           The Class S Certificates shall represent undivided beneficial interests in the portion of the Trust Fund consisting of the Class
S Specific Grantor Trust Assets, distributions thereon and proceeds thereof, which portion will be treated as part of a “grantor
trust” within the meaning of subpart E, part I of subchapter J of the Code. The Class VRR Certificates shall represent,
and the Uncertificated VRR Interest shall constitute, undivided beneficial interests in the portion of the Trust Fund consisting
of the VRR Specific Grantor Trust Assets, distributions thereon and proceeds thereof, which portion will be treated as part of
a “grantor trust” within the meaning of subpart E, part I of subchapter J of the Code.

 

ARTICLE
III

 

ADMINISTRATION
AND SERVICING OF THE MORTGAGE LOANS

 

Section
3.01        Master Servicer to Act as Master Servicer; Administration of the Mortgage Loans; Sub-Servicing Agreements; Outside
Serviced Mortgage Loans.

 

(a)           The Master Servicer (with respect to the Performing Serviced Loans) and the Special Servicer (with respect to the Specially Serviced
Loans and, to the extent provided in this Agreement, the Performing Serviced Loans), each as an independent contractor, shall
service and administer the Mortgage Loans (other than the Outside Serviced Mortgage Loans, which will be serviced, together with
the related Outside Serviced Companion Loans, pursuant to the applicable Outside Servicing Agreement) and the Serviced Companion
Loans on behalf of the Trust Fund and the Trustee (for the benefit of the Certificateholders and the Uncertificated VRR Interest
Owners (as a collective whole) or, with respect to each Serviced Loan Combination, for the benefit of the Certificateholders,
the Uncertificated VRR Interest Owners and the related Serviced Companion Loan Holder(s) as a collective whole as if such Certificateholders,
the Uncertificated VRR Interest Owners and such Serviced Companion Loan Holder(s) constituted a single lender (and, in the case
of a Serviced AB Loan Combination, taking into account the subordinate nature of the related Subordinate Companion Loan(s)), subject
to the terms and conditions of the related Co-Lender Agreement) in accordance with: (i) any and all applicable

 

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laws;
(ii) the express terms of this Agreement, the respective Serviced Mortgage Loans or Serviced Loan Combinations and, in the case
of the Serviced Loan Combinations, the related Co-Lender Agreement; and (iii) the Servicing Standard. To the extent consistent
with the foregoing and subject to any express limitations set forth in this Agreement and any related Co-Lender Agreement or mezzanine
loan intercreditor agreement, the Master Servicer and Special Servicer shall seek to maximize the timely and complete recovery
of principal and interest on the Mortgage Loans (other than the Outside Serviced Mortgage Loans) and the Serviced Companion Loans.
Subject only to the Servicing Standard, the Master Servicer and Special Servicer shall have full power and authority, acting alone
or through Sub-Servicers (subject to paragraph (c) of this Section 3.01 and to Section 3.02 of this Agreement),
to do or cause to be done any and all things in connection with such servicing and administration which it may deem consistent
with the Servicing Standard and, in its judgment exercised in accordance with the Servicing Standard, in the best interests of
the Certificateholders, the Uncertificated VRR Interest Owners and, in the case of a Serviced Loan Combination, the related Serviced
Companion Loan Holder(s) (as a collective whole as if such Certificateholders, the Uncertificated VRR Interest Owners and, in
the case of a Serviced Loan Combination, the related Serviced Companion Loan Holder(s) constituted a single lender (and, in the
case of a Serviced AB Loan Combination, taking into account the subordinate nature of the related Subordinate Companion Loan(s)),
subject to the terms and conditions of the related Co-Lender Agreement), including, without limitation, with respect to each Mortgage
Loan and Serviced Companion Loan, (A) other than with respect to the Outside Serviced Mortgage Loans, to prepare, execute and
deliver, on behalf of the Certificateholders, the Uncertificated VRR Interest Owners, the Serviced Companion Loan Holders and
the Trustee or any of them: (i) any and all financing statements, continuation statements and other documents or instruments necessary
to maintain the lien on each Mortgaged Property and related collateral; (ii) subject to Sections 3.07, 3.09, 3.10 and 3.24 of this Agreement, any modifications, waivers, consents or amendments to or with respect to any documents
contained in the related Mortgage File or defeasance of any Mortgage Loan or Serviced Companion Loan; and (iii) any and all instruments
of satisfaction or cancellation, or of partial or full release or discharge, and all other comparable instruments, with respect
to the Mortgage Loan (and any related Serviced Companion Loan) or the related Mortgaged Property; and (B) including with respect
to the Outside Serviced Mortgage Loans, to direct, manage, prosecute and/or defend any action, suit or proceeding of any kind
filed in the name of the Master Servicer or Special Servicer in their respective capacity on behalf of the Trustee or the Trust.
Notwithstanding the foregoing, neither the Master Servicer nor the Special Servicer shall modify, amend, waive or otherwise consent
to any change of the terms of any Mortgage Loan or Serviced Companion Loan except under the circumstances described in Sections
3.03, 3.07, 3.09, 3.10 and 3.24 of this Agreement. The Master Servicer and Special Servicer shall
service and administer the Mortgage Loans (other than the Outside Serviced Mortgage Loans), the Serviced Companion Loans and each
related REO Property in accordance with applicable law and the terms thereof and hereof and the terms of any applicable Co-Lender
Agreements and intercreditor agreements and shall provide to the Mortgagors any reports required to be provided to them thereby.

 

Subject
to Section 3.11 of this Agreement, the Trustee shall, upon the receipt of a written request of a Servicing Officer, execute
and deliver (i) to the Master Servicer, any powers of attorney substantially in the form of Exhibit AA-1 to this Agreement
or such other form as mutually agreed to by the Trustee and the Master Servicer, (ii) to the Special Servicer, any powers of attorney
in the form of Exhibit AA-2 to this Agreement or such other form as mutually agreed

 

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to
by the Trustee and the Special Servicer, and (iii) to the Master Servicer or Special Servicer, as applicable, other documents
reasonably acceptable to the Trustee prepared by the Master Servicer and Special Servicer and necessary or appropriate (as certified
in such written request) to enable the Master Servicer and Special Servicer to carry out their servicing and administrative duties
hereunder. Notwithstanding anything contained herein to the contrary, none of the Master Servicer, the Special Servicer or any
Sub-Servicer shall, without the Trustee’s written consent: (i) initiate any action, suit or proceeding solely under the
Trustee’s name without indicating the Master Servicer’s or Special Servicer’s, as applicable, representative
capacity, unless prohibited by any requirement of the applicable jurisdiction in which any such action, suit or proceeding is
brought and if so prohibited, in the manner required by such jurisdiction (provided that the Master Servicer or the Special Servicer,
as applicable, shall then provide five (5) Business Days’ written notice to the Trustee of the initiation of such action,
suit or proceeding (or such shorter time period as is reasonably required in the judgment of the Master Servicer or the Special
Servicer, as applicable, made in accordance with the Servicing Standard) prior to filing such action, suit or proceeding), and
shall not be required to obtain the Trustee’s consent or indicate the Master Servicer’s or the Special Servicer’s,
as applicable, representative capacity; or (ii) take any action with the intent to cause, and that actually causes, the Trustee
to be registered to do business in any state. Each of the Master Servicer, the Special Servicer and any Sub-Servicer shall indemnify
the Trustee for any and all costs, liabilities and expenses incurred by the Trustee in connection with the negligent or willful
misuse of such powers of attorney by the Master Servicer or the Special Servicer or its agents or subcontractors, as applicable.

 

(b)           Unless
otherwise provided in the related Loan Documents, the Master Servicer shall apply any partial principal prepayment
received on a Serviced Loan on a date other than a Due Date, to the principal balance of such Mortgage Loan as of the Due
Date immediately following the date of receipt of such partial principal prepayment. Unless otherwise provided in the related
Loan Documents, the Master Servicer shall apply any amounts received on “government securities” within the
meaning of Section 2(a)(16) of the Investment Company Act, or any other securities that comply with Treasury Regulations
Section 1.860G-2(a)(8)(ii) (which shall not be redeemed by the Master Servicer prior to the maturity thereof) in respect of
such a Serviced Loan being defeased pursuant to its terms to the principal balance of and interest on such Serviced Loan as
of the Due Date immediately following the receipt of such amounts. If with respect to any Serviced Loan the related Loan
Documents permit the lender, at its option, prior to an event of default under the related Serviced Loan, to apply amounts
held in any reserve account as a prepayment or to hold such amounts in a reserve account, the Master Servicer shall hold such
amounts in the applicable reserve account and may not apply such amounts as a prepayment until the occurrence of an event of
default under the related Serviced Loan; provided that any such amounts may be used, if permitted under the
related Loan Documents, to defease the related Serviced Loan or, upon an event of default under the related Serviced Loan, to
prepay the Serviced Loan.

 

(c)           The Master Servicer and the Special Servicer may each enter into Sub-Servicing Agreements with third parties (including a party
that has previously been engaged as a Subcontractor) with respect to any of its obligations hereunder, provided that (i)
any such agreement shall be consistent with the provisions of this Agreement, (ii) any such agreement shall be consistent with
the Servicing Standard, (iii) other than with respect to any Mortgage Loan Seller Sub-Servicer, the Depositor has consented to
the related Sub-Servicer, (iv) any such agreement

 

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shall
provide that, following receipt of the applicable Mortgage Loan Purchase Agreement from the Depositor, the Master Servicer
or the Special Servicer, as applicable, shall provide a copy of the applicable Mortgage Loan Purchase Agreement to the
related Sub-Servicer, and that such Sub-Servicer shall notify the Master Servicer or the Special Servicer, as applicable, in
writing within five (5) Business Days after such Sub-Servicer discovers or receives notice alleging a Document Defect or a
Breach or receives a Repurchase Communication of a Repurchase Request, a Repurchase Request Withdrawal, a Repurchase or a
Repurchase Request Rejection; (v) the Master Servicer or the Special Servicer, as applicable, shall notify the applicable
Mortgage Loan Seller of any such agreement (other than any Sub-Servicing Agreement in place on the Closing Date with a
Mortgage Loan Seller Sub-Servicer); (vi) any assignment of such Sub-Servicing Agreement by the related Sub-Servicer (other
than an assignment to the Master Servicer (in the case of a Sub-Servicer engaged by the Master Servicer) or the Special
Servicer (in the case of a Sub-Servicer engaged by the Special Servicer)) shall be subject to the prior written consent of
the Depositor (which consent shall not be unreasonably withheld, conditioned or delayed); (vii) any amendment or modification
of such Sub-Servicing Agreement shall be subject to the prior written consent of the Depositor (which consent shall not be
unreasonably withheld, conditioned or delayed) if the Master Servicer or the Special Servicer, as applicable, determines
that, as a result of such amendment or modification, the Sub-Servicer would become a “servicer” within the
meaning of Item 1101 of Regulation AB that (1) meets the criteria in Item 1108(a)(2)(i), (ii) or (iii) of Regulation AB or
(2) meets the criteria in Item 1108(a)(2)(iii) of Regulation AB and services 20% or more of the pool assets; (viii) any such
Sub-Servicing Agreement shall provide that it may be assumed by the Trustee or its designee (if the Trustee or its designee
has assumed the duties of the Master Servicer or the Special Servicer, as applicable) or by any successor Master Servicer or
Special Servicer, as applicable, without cost or obligation to the assuming party or the Trust Fund, upon the assumption by
such party of the obligations of the Master Servicer or the Special Servicer, as applicable, pursuant to Section
7.02 hereof; (ix) any such Sub-Servicing Agreement shall provide that the Trustee (for the benefit of the
Certificateholders, the Uncertificated VRR Interest Owners and the related Companion Loan Holder (if applicable) and the
Trust (as holder of the Lower-Tier Regular Interests) shall be a third party beneficiary under such Sub-Servicing Agreement,
but that (except to the extent the Trustee or its designee assumes the obligations of such party thereunder as contemplated
herein) none of the Trust, the Trustee, the Operating Advisor, the Asset Representations Reviewer, the Certificate
Administrator, the Master Servicer or Special Servicer, as applicable, any successor master servicer or special servicer or
any Certificateholder (or the related Companion Loan Holder, if applicable) shall have any duties under such Sub-Servicing
Agreement or any liabilities arising therefrom; (ix) any such Sub-Servicing Agreement shall provide that the Sub-Servicer
shall be in default under the related Sub-Servicing Agreement and such Sub-Servicing Agreement shall be terminated (unless
such default is waived by the Depositor in writing) if the Sub-Servicer fails (A) to deliver by the due date (which may take
into account any grace period permitted pursuant to this Agreement) any Exchange Act reporting items required to be delivered
to the Master Servicer, the Special Servicer, the Certificate Administrator or the Depositor under Article X or under
the Sub-Servicing Agreement or to the master servicer or other applicable party under any other pooling and
servicing agreement that the Depositor is a party to, or (B) to perform in any material respect any of its covenants or
obligations contained in the Sub-Servicing Agreement regarding creating, obtaining or delivering any Exchange Act reporting
items required for any party to this Agreement to perform its obligations under Article X or under the Exchange Act
reporting requirements of any

 

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other
pooling and servicing agreement that the Depositor is a party to; (x) any such Sub-Servicing Agreement shall comply with the requirements
set forth in Section 10.17 of this Agreement; (xi) no Sub-Servicer shall be permitted under any Sub-Servicing Agreement
to take (or determine not to take) action with respect to Major Decisions or Special Servicer Decisions without the consent of
the Master Servicer (in the case of Sub-Servicers engaged by the Master Servicer) or the Special Servicer (in the case of Sub-Servicers
engaged by the Special Servicer); and (xi) no Sub-Servicer shall be the Operating Advisor, the Asset Representations Reviewer
or any of their respective Affiliates. Any such Sub-Servicing Agreement may permit the Sub-Servicer to delegate its duties to
agents or subcontractors so long as the related agreements or arrangements with such agents or subcontractors are consistent with
the provisions of this Section 3.01(c). The Master Servicer and the Special Servicer shall each be responsible for paying
the servicing fees of any Sub-Servicer retained by it. The Master Servicer or the Special Servicer, as applicable, shall, upon
request, provide a copy of each Sub-Servicing Agreement (and any assignment thereof) entered into by it to the Depositor. A Sub-Servicer
may be an affiliate of the Depositor, the Master Servicer or the Special Servicer. Notwithstanding the foregoing, the Special
Servicer may not enter into any Sub- Servicing Agreement which provides for the performance by third parties of any or all of
its obligations under this Agreement without, with respect to any Mortgage Loan other than an Excluded Mortgage Loan and prior
to the occurrence and continuance of a Control Termination Event, the consent of the Controlling Class Representative, except
to the extent necessary for the Special Servicer to comply with applicable regulatory requirements.

 

Any
Sub-Servicing Agreement, and any other transactions or services relating to the Mortgage Loans and/or Serviced Loan Combinations
involving a Sub-Servicer, shall be deemed to be between the Master Servicer or the Special Servicer, as applicable, and such Sub-Servicer
alone, and the Trustee, the Certificate Administrator, the Custodian, the Operating Advisor, the Trust Fund and the Certificateholders
and the Uncertificated VRR Interest Owners shall not be deemed parties thereto and shall have no claims, rights, obligations,
duties or liabilities (including, without limitation, any obligation to pay any termination fee to any Sub-Servicer as a result
of the termination of any Sub-Servicing Agreement) with respect to the Sub-Servicer, except as set forth in Section 3.01(d) of this Agreement and no provision herein may be construed so as to require the Trust Fund to indemnify any such Sub-Servicer.

 

As
part of its servicing activities hereunder, each of the Master Servicer and the Special Servicer for the benefit of the Trustee,
the Certificateholders, the Uncertificated VRR Interest Owners and, if applicable, the Serviced Companion Loan Holders, shall
(at no expense to the Trustee, the Certificateholders, the Uncertificated VRR Interest Owners, the Serviced Companion Loan Holders
or the Trust) monitor the performance and enforce the obligations of each of its Sub-Servicers under the related Sub-Servicing
Agreement (except that, to the extent provided in Article X hereof, the Master Servicer shall be required only to use commercially
reasonable efforts to cause any Mortgage Loan Seller Sub-Servicer to comply with the requirements of Article X hereof).
Such enforcement, including, without limitation, the legal prosecution of claims, termination of Sub-Servicing Agreements in accordance
with their respective terms and the pursuit of other appropriate remedies, shall be in such form and carried out to such an extent
and at such time as is in accordance with the Servicing Standard and the terms of this Agreement. Each of the Master Servicer
and the Special Servicer shall have the right to remove a Sub-Servicer retained by it in accordance with the terms of the related
Sub-Servicing Agreement.

 

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(d)           If the Trustee or any successor Master Servicer or successor Special Servicer, as applicable, assumes the obligations of the Master
Servicer or the Special Servicer, as applicable, in accordance with Section 7.02, the Trustee or such successor, as applicable,
to the extent necessary to permit the Trustee or such successor, as applicable, to carry out the provisions of Section 7.02,
shall, without act or deed on the part of the Trustee or such successor, as applicable, succeed to all of the rights and obligations
of the Master Servicer or the Special Servicer, as applicable, under any Sub Servicing Agreement entered into by the Master Servicer
or the Special Servicer, as applicable, pursuant to Section 3.01(c) of this Agreement. In such event, the Trustee or the
successor Master Servicer or the successor Special Servicer, as applicable, shall be deemed to have assumed all of the Master
Servicer’s or the Special Servicer’s, as applicable, interest therein (but not any liabilities or obligations in respect
of acts or omissions of the Master Servicer or the Special Servicer, as applicable, prior to such deemed assumption) and to have
replaced the Master Servicer or the Special Servicer, as applicable, as a party to such Sub-Servicing Agreement to the same extent
as if such Sub Servicing Agreement had been assigned to the Trustee or such successor Master Servicer, as applicable, except that
the Master Servicer or the Special Servicer, as applicable, shall not thereby be relieved of any liability or obligations under
such Sub Servicing Agreement that accrued prior to the succession of the Trustee or the successor Master Servicer or successor
Special Servicer, as applicable.

 

In
the event that the Trustee or any successor Master Servicer or successor Special Servicer, assumes the servicing obligations of
the Master Servicer or the Special Servicer, as applicable, upon request of the Trustee or such successor Master Servicer or successor
Special Servicer, as applicable, the Master Servicer or the Special Servicer, as applicable, shall at its own expense deliver
or cause to be delivered to the Trustee or such successor Master Servicer or successor Special Servicer, as applicable, all documents
and records relating to any Sub-Servicing Agreement and the Mortgage Loans then being serviced thereunder and an accounting of
amounts collected and held by it, if any, and will otherwise use its reasonable efforts to effect the orderly and efficient transfer
of any Sub-Servicing Agreement to the Trustee or the successor Master Servicer or successor Special Servicer, as applicable.

 

(e)           The parties hereto acknowledge that each Serviced Loan Combination is subject to the terms and conditions of the related Co-Lender
Agreement and recognize the respective rights and obligations of the Trust, as holder of the related Mortgage Loan(s), and of
the related Serviced Companion Loan Holder(s) under the related Co-Lender Agreement, including: (i) with respect to the allocation
of collections on or in respect of such Serviced Loan Combination, and the making of remittances, to the Trust, as holder of the
related Mortgage Loan(s), and to the related Serviced Companion Loan Holder(s); (ii) with respect to the allocation of expenses
and losses relating to such Serviced Loan Combination to the Trust, as holder of the related Mortgage Loan(s), and to the related
Serviced Companion Loan Holder(s); (iii) any consultation, consent and Special Servicer appointment rights of a related Serviced
Companion Loan Holder or its Companion Loan Holder Representative, including those specified in this Agreement; (iv) any right
of a related Companion Loan Holder to attend (in-person or telephonically) annual meetings with the Master Servicer or the Special
Servicer, as applicable, upon reasonable notice and at times reasonably acceptable to the Master Servicer or the Special Servicer,
as applicable, for the purpose of discussing servicing issues related to such Serviced Loan Combination; (v) any right of a related
Companion Loan Holder to cure certain defaults under the related Serviced Loan Combination; and (vi) any right of a related Companion
Loan Holder to

 

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purchase
the related Split Mortgage Loan from the Trust Fund (together with any other related Serviced Pari Passu Companion Loans, if applicable).
With respect to any Serviced Loan Combination, the Master Servicer (if such Serviced Loan Combination is a Performing Serviced
Loan) or the Special Servicer (if such Serviced Loan Combination has become a Specially Serviced Loan or the related Mortgaged
Property has been converted to an REO Property) shall prepare and provide to the related Serviced Companion Loan Holder(s) (or
its Companion Loan Holder Representative), or, if applicable, the master servicer or special servicer for the related Other Securitization
Trust, on its behalf, all notices, reports, statements and communications to be delivered by the holder of the related Mortgage
Loan under the related Co-Lender Agreement, and shall perform all duties and obligations to be performed by a servicer and perform
all servicing-related duties and obligations to be performed by the holder of the related Mortgage Loan pursuant to the related
Co-Lender Agreement. Furthermore, to the extent not otherwise expressly included herein, any provisions required to be included
herein pursuant to any Co-Lender Agreement for a Serviced Loan Combination are deemed incorporated herein by reference, and the
parties hereto shall comply with those provisions as if set forth herein in full. In the event of any conflict between this Agreement
and a Co-Lender Agreement with respect to a Serviced Pari Passu Loan Combination, the terms of such Co-Lender Agreement shall
control with respect to such Serviced Pari Passu Loan Combination.

 

With
respect to any Serviced Outside Controlled Mortgage Loan (including any Servicing Shift Mortgage Loan prior to the related Servicing
Shift Date), subject to the rights of the Controlling Class Representative under this Agreement and any applicable consultation
rights of the Operating Advisor (to the extent set forth in Sections 3.29(g) and (h)), the Master Servicer (if such
Serviced Outside Controlled Mortgage Loan is a Performing Serviced Loan and the matter does not involve a Major Decision or Special
Servicer Decision) or the Special Servicer (if such Serviced Outside Controlled Mortgage Loan is a Specially Serviced Loan or
if such Serviced Outside Controlled Mortgage Loan is a Performing Serviced Loan and the matter involves a Major Decision or Special
Servicer Decision) shall be entitled to exercise the rights and powers granted under the related Co-Lender Agreement to the “Non-Controlling
Note Holder” (as such term or any analogous term is defined in the related Co-Lender Agreement).

 

(f)            Notwithstanding anything to the contrary herein, (a) at no time shall the Master Servicer or the Trustee be required to make any
P&I Advance on any Companion Loan and (b) if the Mortgage Loan (or the related REO Property) that is part of a Serviced Loan
Combination is no longer part of the Trust Fund, neither the Master Servicer nor the Trustee, as the case may be, shall have any
obligation to make any Property Advance on such Serviced Loan Combination. If pursuant to the foregoing sentence, the Master Servicer
does not intend to make a Property Advance with respect to a Serviced Loan Combination that the Master Servicer would have made
if the related Mortgage Loan or REO Property were still part of the Trust Fund, the Master Servicer shall promptly notify the
holder of the related Serviced Companion Loan of its intention to no longer make such Property Advances and shall additionally
promptly notify such holder of any required Property Advance it would have otherwise made upon becoming aware of the need for
such Property Advance. Additionally, at the time the Mortgage Loan relating to a Serviced Loan Combination is removed from the
Trust Fund, the Master Servicer shall deliver to the related Serviced Companion Loan Holder (or the master servicer of any securitization
of the related Serviced Companion Loan) (i) a copy of the most recent inspection report and the inspection report for the prior
calendar year, (ii) copies of all financial statements collected from

 

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the
related Mortgagor for the most recent calendar year and the prior calendar year, (iii) a copy of the most recent Appraisal and
any other Appraisal done in the prior year and (iv) a copy of all tax and insurance bills for the current calendar year and the
prior calendar year.

 

(g)           Notwithstanding anything herein to the contrary, the parties hereto acknowledge and agree that the Master Servicer’s and
the Special Servicer’s obligations and responsibilities hereunder and the Master Servicer’s and the Special Servicer’s
authority with respect to each Outside Serviced Mortgage Loan and each Outside Serviced Companion Loan related to the Outside
Serviced Mortgage Loans are limited by and subject to the terms of the related Co-Lender Agreement and this Agreement and the
rights of the related Outside Servicer and the related Outside Special Servicer with respect thereto under the applicable Outside
Servicing Agreement. The parties further recognize the respective rights and obligations of the related Outside Trustee and/or
the Outside Serviced Companion Loan Holders (or the representatives thereof) under each respective Co-Lender Agreement including
with respect to the allocation of collections on or in respect of an Outside Serviced Loan Combination in accordance with the
related Co-Lender Agreement. The Master Servicer shall cooperate with the Certificate Administrator, on behalf of the Trust, in
connection with the enforcement of the rights by the Trustee (as holder of the Outside Serviced Mortgage Loans) under each related
Co-Lender Agreement and each applicable Outside Servicing Agreement. The Master Servicer or Special Servicer, as applicable, (under
the power of attorney granted by the Trustee) shall take such actions as it shall deem reasonably necessary to facilitate the
servicing of each Outside Serviced Companion Loan by the related Outside Servicer and the related Outside Special Servicer, including,
but not limited to, delivering appropriate requests for release to the Custodian (if any) in order to deliver any portion of the
related Mortgage Files to the related Outside Servicer or related Outside Special Servicer under the applicable Outside Servicing
Agreement.

 

To
the extent that the Trust, as holder of an Outside Serviced Mortgage Loan for the benefit of the Certificateholders and the Uncertificated
VRR Interest Owners, is entitled to (i) consent to or approve any modification, waiver or amendment of such Outside Serviced Mortgage
Loan or (ii) exercise any consultation rights with respect to “Major Decisions” or “Material Actions”
(as such term or any analogous term is defined in the applicable Outside Servicing Agreement) in connection with such Outside
Serviced Mortgage Loan or any related REO Property or any consultation rights with respect to the implementation of “Asset
Status Reports” (as such term or any analogous term is defined in the applicable Outside Servicing Agreement), then the
following party or parties (to the extent notified by the appropriate party to the applicable Outside Servicing Agreement of any
matter requiring the exercise of consent, approval or consultation rights) shall actually exercise such consent, approval or consultation
rights, and the respective parties to this Agreement shall take such actions as are reasonably necessary to allow the following
party or parties to exercise such consent, approval or consultation rights: (a) the Controlling Class Representative (unless a
Control Termination Event exists or such Outside Serviced Mortgage Loan is an Excluded Mortgage Loan) or the Special Servicer
(if a Control Termination Event exists or such Outside Serviced Mortgage Loan is an Excluded Mortgage Loan) shall exercise any
such consent or approval rights, in each case in accordance with Section 3.01(i); and (b) the Controlling Class Representative
(unless a Consultation Termination Event exists or such Outside Serviced Mortgage Loan is an Excluded Mortgage Loan) or the Special
Servicer (if a Consultation Termination Event exists or such Outside Serviced Mortgage Loan is an Excluded Mortgage Loan) shall
exercise any such consultation rights entitled to be exercised by the holder of such Outside

 

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Serviced
Mortgage Loan in accordance with Section 3.01(i). The Master Servicer shall only be obligated to forward any requests received
from the Outside Servicer or the Outside Special Servicer, as applicable, for such consent and/or consultation to the Special
Servicer (who shall forward any such request to the Controlling Class Representative except if a Control Termination Event or
Consultation Termination Event, as applicable, has occurred and is continuing or if such Outside Serviced Mortgage Loan is an
Excluded Mortgage Loan and, following the occurrence and during the continuance of a Control Termination Event, to the Operating
Advisor (provided that the Operating Advisor shall be required to review such request only if and to the extent it has consultation
rights with respect thereto)), and the Master Servicer shall have no right or obligation to exercise any such consent or consultation
rights.

 

In
addition to such consent, approval or consultation rights, the Controlling Class Representative (if no Control Termination Event
has occurred and is continuing and the related Outside Serviced Mortgage Loan is not an Excluded Mortgage Loan) and the Special
Servicer (if a Control Termination Event has occurred and is continuing), on behalf of the Trust, as holder of each Outside Serviced
Mortgage Loan for the benefit of the Certificateholders and the Uncertificated VRR Interest Owners, will have the right (exercisable
in its sole discretion), to the extent provided in the related Co-Lender Agreement and/or the applicable Outside Servicing Agreement,
to attend (in-person or telephonically) annual meetings with the related Outside Servicer or Outside Special Servicer, as applicable,
upon reasonable notice and at times reasonably acceptable to the related Outside Servicer or Outside Special Servicer, as applicable,
for the purpose of discussing servicing issues related to such Outside Serviced Loan Combination.

 

None
of the Master Servicer, the Special Servicer, the Operating Advisor, the Certificate Administrator, the Custodian or the Trustee
shall have any obligation or authority to supervise any Outside Servicer, any Outside Special Servicer, any Outside Trustee or
any other party to the applicable Outside Servicing Agreement or to make Property Advances with respect to any of the Outside
Serviced Mortgage Loans or a Companion Loan related to an Outside Serviced Mortgage Loan. The obligation of the Master Servicer
and the Special Servicer to provide information to the Trustee or any other Person with respect to the Outside Serviced Mortgage
Loans and any Outside Serviced Companion Loan related to an Outside Serviced Mortgage Loan is dependent on their receipt of the
corresponding information from the related Outside Servicer or the related Outside Special Servicer, as applicable.

 

(h)           The parties hereto acknowledge that each Outside Serviced Loan Combination is subject to the terms and conditions of the respective
Co-Lender Agreement and further acknowledge that, pursuant to the respective Co-Lender Agreement, (i) the related Outside Serviced
Mortgage Loan and the related Outside Serviced Companion Loans are to be serviced and administered by the related Outside Servicer
and Outside Special Servicer in accordance with the applicable Outside Servicing Agreement, and (ii) in the event that the applicable
Outside Serviced Companion Loan is no longer part of the trust fund created by the applicable Outside Servicing Agreement and
the related Outside Serviced Mortgage Loan remains an asset of the Trust Fund, then, as set forth in the related Co-Lender Agreement,
the related Outside Serviced Loan Combination shall be serviced in accordance with the applicable provisions of the applicable
Outside Servicing Agreement as if such agreement was still in full force and effect with respect to the related Outside Serviced
Loan Combination, until such time as a new servicing agreement has been agreed to by the parties to the related Co-Lender Agreement
in accordance with the provisions

 

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of
such agreement and confirmation has been obtained from the Rating Agencies that such new servicing agreement would not result
in a downgrade, qualification or withdrawal of the then current ratings of any Class of Certificates then outstanding and any
other requirements applicable to the related Outside Serviced Mortgage Loan.

 

(i)            The parties hereto acknowledge that each Outside Serviced Mortgage Loan is subject to the terms and conditions of the related
Co-Lender Agreement. With respect to each Outside Serviced Loan Combination, the parties hereto recognize the respective rights
and obligations of the related Outside Serviced Loan Combination Noteholders under the related Co-Lender Agreement, including
with respect to the allocation of collections and losses on or in respect of the related Outside Serviced Mortgage Loan and the
related Outside Serviced Companion Loan(s) and the making of payments to the related Outside Serviced Loan Combination Noteholders
in accordance with the related Co-Lender Agreement and the applicable Outside Servicing Agreement. The parties hereto further
acknowledge that, pursuant to the related Co-Lender Agreement, each Outside Serviced Mortgage Loan and the related Outside Serviced
Companion Loan(s) are to be serviced and administered by the related Outside Servicer and Outside Special Servicer in accordance
with the applicable Outside Servicing Agreement, and that payments allocated to each Outside Serviced Mortgage Loan and the related
Outside Serviced Companion Loans pursuant to the applicable Outside Servicing Agreement and the related Co-Lender Agreement are
to be made by related Outside Servicer. Although each Outside Serviced Mortgage Loan is not serviced and administered hereunder,
the Master Servicer and the Special Servicer hereunder for each such Outside Serviced Mortgage Loan shall have certain duties
as set forth herein and shall constitute the “Master Servicer” and “Special Servicer” hereunder with respect
to each such Outside Serviced Mortgage Loan.

 

If
there are at any time amounts due from the Trust, as holder of an Outside Serviced Mortgage Loan, to any party under the related
Co-Lender Agreement or the applicable Outside Servicing Agreement, the Master Servicer shall pay such amounts out of the Collection
Account. If a party to the applicable Outside Servicing Agreement related to an Outside Serviced Mortgage Loan requests the Master
Servicer, Special Servicer, Trustee, Certificate Administrator or Custodian to consent to, or consult with respect to, a modification,
waiver or amendment of, or other loan-level action related to, such Outside Serviced Mortgage Loan (except a modification, waiver
or amendment of the applicable Outside Servicing Agreement or the related Co-Lender Agreement which shall not be subject to the
operation of this sentence but shall instead be subject to the operation of the provisions below in this paragraph), the party
hereto that receives such request shall (but in the case of the Master Servicer subject to the limitation that it shall only be
required to deliver any such request to the Special Servicer) promptly deliver a copy of such request to the Controlling Class
Representative (if no Control Termination Event (in the case of consent rights) or Consultation Termination Event (in the case
of consultation rights) exists and such Outside Serviced Mortgage Loan is not an Excluded Mortgage Loan) or to the Special Servicer
(if a Control Termination Event (in the case of consent rights) or Consultation Termination Event (in the case of consultation
rights) exists or such Outside Serviced Mortgage Loan is an Excluded Mortgage Loan), as applicable, and, following the occurrence
and during the continuance of a Control Termination Event, to the Operating Advisor (provided that the Operating Advisor shall
be required to review such request only if and to the extent it has consultation rights with respect thereto), and (a) any such
consent rights shall be exercised by the Controlling Class Representative (unless a Control Termination Event exists or such Outside
Serviced Mortgage

 

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Loan
is an Excluded Mortgage Loan) or by the Special Servicer (if a Control Termination Event exists or such Outside Serviced Mortgage
Loan is an Excluded Mortgage Loan) and (b) any such consultation rights shall be exercised by the Controlling Class Representative
(unless a Consultation Termination Event exists or such Outside Serviced Mortgage Loan is an Excluded Mortgage Loan) or by the
Special Servicer (if a Consultation Termination Event exists or such Outside Serviced Mortgage Loan is an Excluded Mortgage Loan);
and provided, further, that, if such Outside Serviced Mortgage Loan were serviced hereunder and such action would
not be permitted without Rating Agency Confirmation, then the Controlling Class Representative or the Special Servicer, as applicable,
shall not exercise any such right of consent without first having obtained (or having caused the related Outside Servicer or Outside
Special Servicer to obtain) or received such Rating Agency Confirmation (payable at the expense of the party making such request
for consent or approval if such requesting party is a Certificateholder, an Uncertificated VRR Interest Owner or a party to this
Agreement, and otherwise payable from the Collection Account). If a Responsible Officer of the Trustee, Certificate Administrator
or Custodian receives actual notice of a termination event under the applicable Outside Servicing Agreement, then the Trustee,
Certificate Administrator or Custodian, as applicable, shall notify the Master Servicer (in writing), and the Master Servicer
shall act in accordance with the instructions of (prior to the occurrence of a Control Termination Event) the Controlling Class
Representative in accordance with the applicable Outside Servicing Agreement with respect to such termination event (provided
that the Master Servicer shall only be required to comply with such instructions if such instructions are in accordance with the
applicable Outside Servicing Agreement and not inconsistent with this Agreement); provided that, if such instructions are
not provided within a reasonable time period (not to exceed ten (10) Business Days or such lesser response time as is afforded
under the applicable Outside Servicing Agreement) or if a Control Termination Event exists or if the Master Servicer is not permitted
by the applicable Outside Servicing Agreement to follow such instructions, then the Master Servicer shall take such action or
inaction (to the extent permitted by the applicable Outside Servicing Agreement), as directed in writing by the Holders of the
Certificates evidencing at least 25% of the aggregate of all Voting Rights (such direction to be sought and communicated to the
Master Servicer by the Certificate Administrator) within a reasonable period of time that does not exceed such response time as
is afforded under the applicable Outside Servicing Agreement. Subject to the foregoing, during the continuation of any termination
event with respect to the related Outside Servicer or Outside Special Servicer under the applicable Outside Servicing Agreement,
each of the Trustee, the Certificate Administrator, the Master Servicer and the Special Servicer shall have the right (but not
the obligation) to take all actions to enforce its rights and remedies and to protect the interests, and enforce the rights and
remedies, of the Trust (including the institution and prosecution of all judicial, administrative and other proceedings and the
filings of proofs of claim and debt in connection therewith). The reasonable costs and expenses incurred by the Master Servicer,
Special Servicer, the Certificate Administrator, or the Trustee in connection with such enforcement shall be paid by the Master
Servicer out of the Collection Account. If the Trustee receives a request (and, if the Master Servicer, Special Servicer or the
Certificate Administrator receives such request, such party shall promptly forward such request to the Trustee) from any party
to the applicable Outside Servicing Agreement for consent to or approval of a modification, waiver or amendment of the applicable
Outside Servicing Agreement and/or the related Co-Lender Agreement, or the adoption of any servicing agreement that is the successor
to and/or in replacement of the applicable Outside Servicing Agreement in effect as of the Closing Date or a change in servicer
under the applicable

 

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Outside
Servicing Agreement, then the Trustee is hereby directed to, and the Trustee shall, grant such consent or approval if (a) the
Trustee shall have received a prior Rating Agency Confirmation from each Rating Agency (payable at the expense of the party making
such request for consent or approval to the Trustee, if such requesting party is a Certificateholder, an Uncertificated VRR Interest
Owner or a party to this Agreement, and otherwise payable from the Collection Account) with respect to such consent or approval,
and (b) unless a Control Termination Event has occurred and is continuing or the related Outside Serviced Mortgage Loan is an
Excluded Mortgage Loan, the Trustee shall have obtained the consent of the Controlling Class Representative. The Trustee, the
Certificate Administrator, the Special Servicer and the Master Servicer (each, a “Notifying Party”) shall each
promptly forward all material notices or other communications delivered to it in connection with the applicable Outside Servicing
Agreement to each other Notifying Party (unless a Notifying Party has actual knowledge that such other Notifying Party (i) was
copied on such original notice or communication or (ii) actually received such notice or communication), the Operating Advisor,
the Controlling Class Representative (if a Consultation Termination Event does not exist) and the Depositor and, if such notice
or communication is in the nature of a notice or communication that would be required to be delivered to the Rule 17g-5 Information
Provider (for posting to the Rule 17g-5 Information Provider’s Website in accordance with Section 12.13) if the related
Outside Serviced Mortgage Loan were a Mortgage Loan that is serviced and administered under this Agreement, to the Rule 17g-5
Information Provider (who shall promptly post such notice to the Rule 17g-5 Information Provider’s Website in accordance
with Section 12.13); provided that, notwithstanding the foregoing, the Special Servicer shall have no obligation
to forward any such notice or communication under this provision unless (A) the Special Servicer is the only addressee of such
notice or communication or (B) there is no addressee on such notice or communication. Any obligation of the Master Servicer or
Special Servicer, as applicable, to provide information and collections to the Trustee, the Certificate Administrator, the Controlling
Class Representative, the Uncertificated VRR Interest Owners and the Certificateholders with respect to any Outside Serviced Mortgage
Loan shall be dependent on its receipt of the corresponding information and collections from the related Outside Servicer or the
related Outside Special Servicer. Each of the Trustee, the Certificate Administrator, the Master Servicer and the Special Servicer
shall reasonably cooperate with the Master Servicer, the Special Servicer, the Operating Advisor or the Controlling Class Representative,
in each case as and when applicable, to facilitate the exercise by such party of any consent, approval or consultation rights
set forth in this Section 3.01 with respect to an Outside Serviced Mortgage Loan; provided, however, the Trustee,
the Certificate Administrator, the Master Servicer and the Special Servicer shall have no right or obligation to exercise any
consent or consultation rights or obtain a Rating Agency Confirmation on behalf of the Controlling Class Representative.

 

(j)            With respect to each Outside Serviced Mortgage Loan, the parties to this Agreement agree as follows:

 

(i)          pursuant to the related Outside Servicing Agreement, the related Outside Servicer or Outside Special Servicer, as applicable,
is obligated to make “Servicing Advances” or “Property Advances” and incur “Additional Trust Fund
Expenses” (as each such term or any analogous term is defined in the related Outside Servicing Agreement) with respect to
such Outside Serviced Mortgage Loan; the Trust shall be responsible for its pro rata share (such pro rata share
and the pro rata share of the holder(s) of the related Outside Serviced Companion Loan(s) to be determined based on the
respective principal

 

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balances
of such Outside Serviced Mortgage Loan and the related Outside Serviced Companion Loan(s)) of any “Nonrecoverable Servicing
Advance” or “Nonrecoverable Property Advances” (and advance interest thereon) and any “Additional Trust
Fund Expenses” (as each such term or any analogous term is defined in the related Outside Servicing Agreement), but only
to the extent that they relate to servicing and administration of such Outside Serviced Mortgage Loan, including without limitation,
any unpaid “Special Servicing Fees,” “Liquidation Fees” and “Workout Fees” (as each such term
or any analogous term is defined in the related Outside Servicing Agreement) relating to such Outside Serviced Mortgage Loan;
and in the event that the funds received with respect to the related Outside Serviced Loan Combination are insufficient to cover
“Servicing Advances,” “Property Advances” or “Additional Trust Fund Expenses” (as each such
term or any analogous term is defined in the applicable Outside Servicing Agreement) relating to the servicing and administration
of the related Outside Serviced Loan Combination, (i) the Master Servicer shall, promptly following notice from the related Outside
Servicer, reimburse the related Outside Servicer, the related Outside Special Servicer, the related Outside Certificate Administrator
or the related Outside Trustee, as applicable (such reimbursement, to the extent owed to the related Outside Special Servicer,
the related Outside Certificate Administrator or the related Outside Trustee, may be paid by the Master Servicer to the related
Outside Servicer, who shall pay such amounts to the related Outside Special Servicer, the related Outside Certificate Administrator
or the related Outside Trustee, as applicable), out of general funds in the Collection Account for the Trust’s pro rata
share (such pro rata share and the pro rata share of the holder(s) of the related Outside Serviced Companion
Loan(s) to be determined based on the respective principal balances of such Outside Serviced Mortgage Loan and the related Outside
Serviced Companion Loan(s)) of any such “Nonrecoverable Servicing Advance,” “Nonrecoverable Property Advances”
and/or “Additional Trust Fund Expenses” (as each such term or any analogous term is defined in the applicable Outside
Servicing Agreement), and (ii) if the related Outside Servicing Agreement permits the related Outside Servicer, the related Outside
Special Servicer, the related Outside Certificate Administrator or the related Outside Trustee to reimburse itself from the related
Outside Securitization Trust’s general account, then the parties to this Agreement hereby acknowledge and agree that the
related Outside Servicer, the related Outside Special Servicer, the related Outside Certificate Administrator or the related Outside
Trustee, as applicable, may do so and the Master Servicer shall be required to, promptly following notice from the related Outside
Servicer, reimburse the related Outside Securitization Trust out of general funds in the Collection Account for the Trust’s
pro rata share (such pro rata share and the pro rata share of the holder(s) of the related Outside Serviced
Companion Loan(s) to be determined based on the respective principal balances of such Outside Serviced Mortgage Loan and the related
Outside Serviced Companion Loan(s)) of any such “Nonrecoverable Servicing Advance,” “Nonrecoverable Property
Advances” and/or “Additional Trust Fund Expenses” (as each such term or any analogous term is defined in the
applicable Outside Servicing Agreement) relating to the servicing and administration of such Outside Serviced Loan Combination;

 

(ii)         with respect to each Outside Serviced Mortgage Loan, each of (i) (as and to the same extent the related Outside Securitization
Trust established under the related Outside Servicing Agreement is required to indemnify each of the following parties in respect
of other mortgage loans in the related Outside Securitization Trust pursuant to

 

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the
terms of the related Outside Servicing Agreement) the related Outside Servicer, the related Outside Special Servicer, the related
Outside Certificate Administrator, the related Outside Trustee, the related Outside Operating Advisor and the related Outside
Depositor (and any director, officer, employee or agent of any of the foregoing, to the extent such parties are identified as
“Indemnified Parties” in the related Outside Servicing Agreement in respect of other mortgages included in such Outside
Securitization Trust) and (ii) the related Outside Securitization Trust (such parties in clause (i) and the related Outside Securitization
Trust, collectively, the “Pari Passu Indemnified Parties”) shall be indemnified against any claims, losses,
penalties, fines, forfeitures, legal fees and related costs, judgments and any other costs, liabilities, fees and expenses incurred
in connection with the servicing and administration of such Outside Serviced Mortgage Loan and the related Mortgaged Property
(or, with respect to the related Outside Operating Advisor, incurred in connection with the provision of services for such Outside
Serviced Mortgage Loan) under the applicable Outside Servicing Agreement (collectively, the “Pari Passu Indemnified Items”)
to the extent of the Trust’s pro rata share (such pro rata share and the pro rata share of the holder(s)
of the related Outside Serviced Companion Loan(s) to be determined based on the respective principal balances of such Outside
Serviced Mortgage Loan and the related Outside Serviced Companion Loan(s)) of such Pari Passu Indemnified Items, and to the extent
amounts on deposit in the “Serviced Loan Combination Collection Account”, “Serviced Pari Passu Companion Loan
Custodial Account”, “Whole Loan Custodial Account” or “Loan Combination Custodial Account” (as each
such term or any analogous term is defined in the applicable Outside Servicing Agreement), as applicable, maintained pursuant
to the related Outside Servicing Agreement that are allocated to the Outside Serviced Mortgage Loan are insufficient for reimbursement
of such amounts, such Indemnified Party shall be entitled to be reimbursed by the Trust (including out of general collections
in the Collection Account) for the Trust’s pro rata share of the insufficiency;

 

(iii)        to the extent not otherwise expressly included herein, any provisions required to be included herein pursuant to any Co-Lender
Agreement for an Outside Serviced Loan Combination are deemed incorporated herein by reference, and the parties hereto shall comply
with those provisions as if set forth herein in full. In the event of any inconsistency between the provisions of this Agreement
and any Outside Serviced Co-Lender Agreement, such Outside Serviced Co-Lender Agreement shall prevail, provided that in no event
shall the Master Servicer or the Special Servicer, as the case may be, take any action or omit to take any action in accordance
with the terms of any Outside Serviced Co-Lender Agreement, that would cause the Master Servicer or the Special Servicer, as the
case may be, to violate the Servicing Standard or REMIC Provisions; and

 

(iv)        each Outside Servicer, each Outside Special Servicer, each Outside Certificate Administrator, each Outside Trustee, each Outside
Operating Advisor and each Outside Securitization Trust shall be third party beneficiaries of this Section 3.01(j).

 

(k)           To the extent required under any Loan Documents, the Master Servicer shall, on behalf of the related lender, maintain a Note register
for the related Mortgage Loan in accordance with such Loan Documents.

 

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(l)            In order to comply with the laws, rules, regulations and executive orders in effect from time to time applicable to banking institutions,
including those relating to the funding of terrorist activities and money laundering (for the purposes of this clause (l), “Applicable
Laws”), the Master Servicer may be required to obtain, verify and record certain information relating to individuals
and entities which maintain a business relationship with the Master Servicer. Accordingly, each of the parties hereto agrees to
provide to the Master Servicer, upon its reasonable request, from time to time such identifying information and documentation
as may be readily available to such party in order to enable the Master Servicer to comply with Applicable Laws; provided that
the Master Servicer shall be responsible for all reasonable actual out-of-pocket expenses incurred by such party in connection
therewith.

 

Section
3.02       Liability of the Master Servicer and the Special Servicer. Notwithstanding any Sub-Servicing Agreement or primary
servicing agreement, any of the provisions of this Agreement relating to agreements or arrangements between the Master Servicer
or the Special Servicer, as applicable, and any Person acting as Sub-Servicer (or its agents or subcontractors) or any reference
to actions taken through any Person acting as Sub-Servicer or otherwise, the Master Servicer or the Special Servicer, as applicable,
shall remain obligated and primarily liable to the Trustee, the Certificate Administrator, the Certificateholders, the Uncertificated
VRR Interest Owners and any Serviced Companion Loan Holder for the servicing and administering of the Mortgage Loans (other than
the Outside Serviced Mortgage Loans) and the Serviced Companion Loan(s) in accordance with the provisions of this Agreement without
diminution of such obligation or liability by virtue of such Sub-Servicing Agreements, primary servicing agreements or arrangements
or by virtue of indemnification from any Person acting as Sub-Servicer (or its agents or subcontractors) to the same extent and
under the same terms and conditions as if the Master Servicer or the Special Servicer, as applicable, alone were servicing and
administering the Mortgage Loans (other than the Outside Serviced Mortgage Loans) and the Serviced Companion Loans. The Master
Servicer or the Special Servicer, as applicable, shall be entitled to enter into an agreement with any Sub-Servicer providing
for indemnification of the Master Servicer or the Special Servicer, as applicable, by such Sub-Servicer, and nothing contained
in this Agreement shall be deemed to limit or modify such indemnification, but no such agreement for indemnification shall be
deemed to limit or modify this Agreement.

 

Section
3.03        Collection of Certain Mortgage Loan Payments.

 

(a)           The Master Servicer (with respect to Performing Serviced Loans) or the Special Servicer (with respect to Specially Serviced Loans),
as applicable, shall use reasonable efforts in accordance with the Servicing Standard to collect all payments called for under
the terms and provisions of the Serviced Loans it is obligated to service hereunder, and shall follow the Servicing Standard with
respect to such collection procedures; provided that, with respect to any ARD Mortgage Loan, so long as the related Mortgagor
is in compliance with each provision of the related Loan Documents, the Master Servicer and the Special Servicer shall not take
any enforcement action with respect to the failure of the related Mortgagor to make any payment of Excess Interest, other than
requests for collection, until the Maturity Date of any ARD Mortgage Loan or until the outstanding principal balance of such ARD
Mortgage Loan (exclusive of any portion representing accrued Excess Interest) has been paid in full); provided, further,
that, with respect to any ARD Mortgage Loan, the Master Servicer or Special Servicer, as the case may be, may take action to enforce
the Trust Fund’s right to apply excess cash flow to principal in

 

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accordance
with the terms of the Loan Documents. For clarification, no obligation of the Master Servicer or the Special Servicer to use reasonable
efforts to collect fees from the related Mortgagor will change the obligation of the Master Servicer to pay such fees from general
collections or other proceeds in accordance with Section 3.06(a) and Section 3.06A(a) of this Agreement, whether
or not such Special Servicing Fees, Workout Fees or Liquidation Fees are collected from or paid by the related Mortgagor. The
Master Servicer, with respect to the Performing Serviced Loans, and the Special Servicer, with respect to the Specially Serviced
Loans, shall use its reasonable efforts to collect income statements, rent rolls and other reporting information from Mortgagors
(as required under the related Loan Documents). Consistent with the foregoing, the Master Servicer (with respect to Performing
Serviced Loans) or Special Servicer (with respect to Specially Serviced Loans), as applicable, may in its discretion waive any
Penalty Charges in connection with any delinquent Monthly Payment with respect to any Mortgage Loan (other than an Outside Serviced
Mortgage Loan) or Serviced Companion Loan. In addition, the Master Servicer shall be entitled to take such actions with respect
to the collection of payments on the Mortgage Loans (other than the Outside Serviced Mortgage Loans) and the Serviced Companion
Loan as are permitted or required under Section 3.21 of this Agreement. Furthermore, with respect to any Mortgage Loan
(other than an Outside Serviced Mortgage Loan), if the related Loan Documents provide for the annual or quarterly testing of financial
conditions of the related Mortgagor and/or Mortgaged Properties (e.g., debt yield tests, debt service coverage ratio tests and/or
loan-to-value ratio tests) in connection with cash-management triggers or the commencement of additional required escrow payments,
the Master Servicer (with respect to Performing Serviced Loans) or the Special Servicer (with respect to Specially Serviced Loans),
as applicable (only to the extent the related information required for such testing is to be delivered to the Master Servicer
and/or the Special Servicer, as applicable, pursuant to the related Loan Documents and is actually delivered to the Master Servicer
and/or the Special Servicer, as applicable), shall use reasonable efforts to conduct such financial testing within the timeframes
contemplated by such Loan Documents, if any. Furthermore, in accordance with this Section 3.03(a), with respect to any
Mortgage Loan (other than an Outside Serviced Mortgage Loan), the Master Servicer (with respect to Performing Serviced Loans)
or the Special Servicer (with respect to Specially Serviced Loans), as applicable, shall use reasonable efforts to collect financial
statements from the related Mortgagor for the periods set forth in the related Loan Documents (e.g., and as applicable, for the
entire fiscal year where annual reporting is required).

 

(b)           If the Master Servicer receives Excess Interest directly from the related Mortgagor or through the Special Servicer, which Excess
Interest was collected during the Collection Period for any Distribution Date, or receives notice from the related Mortgagor that
the Master Servicer will be receiving Excess Interest during the Collection Period for any Distribution Date, then the Master
Servicer shall notify the Certificate Administrator no later than two Business Days prior to such Distribution Date by means of
a clearly labeled item in the CREFC® Loan Periodic Update File. None of the Master Servicer, the Special Servicer,
the Certificate Administrator or the Trustee shall be responsible for any failure of the related Mortgagor to pay any such Excess
Interest. The preceding statements shall not, however, be construed to limit the provisions of Section 3.03(a) of this
Agreement.

 

(c)           With respect to each Outside Serviced Mortgage Loan, the Certificate Administrator shall deliver to the related Outside Trustee,
the related Outside Certificate Administrator, the related Outside Special Servicer, the related Outside Servicer and the related

 

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Outside
Operating Advisor: (A) promptly following the Closing Date (or, in the case of each Servicing Shift Mortgage Loan, promptly upon
the related Servicing Shift Date), written notice in the form of Exhibit FF-1, Exhibit FF-2, Exhibit FF-3,
Exhibit FF-4, Exhibit FF-5 or Exhibit FF-6 attached hereto, as applicable, stating that, as of the Closing
Date (or the related Servicing Shift Date, as applicable), the Trustee is the holder of such Outside Serviced Mortgage Loan and
directing each such recipient to remit to the Master Servicer all amounts payable to, and to forward, deliver or otherwise make
available, as the case may be, to the Master Servicer all reports, statements, documents, communications and other information
that are to be forwarded, delivered or otherwise made available to, the holder of such Outside Serviced Mortgage Loan under the
related Co-Lender Agreement and the applicable Outside Servicing Agreement (which notice shall also provide contact information
for the Trustee, the Certificate Administrator, the Master Servicer, the Special Servicer and each party designated to exercise
the rights of the “Non-Controlling Note Holder” under the related Co-Lender Agreement), accompanied by a copy of an
executed version of this Agreement; and (B) notice of any subsequent change in the identity of the Master Servicer or any party
designated to exercise the rights of the “Non-Controlling Note Holder” under the related Co-Lender Agreement (together
with the relevant contact information). Upon request of the Certificate Administrator, the Master Servicer shall provide its wire
instructions for inclusion in the written notices referred to in the previous sentence. The Master Servicer shall, within one
(1) Business Day of receipt of properly identified funds, deposit into the Collection Account all amounts received with respect
to each Outside Serviced Mortgage Loan, the Mortgaged Property related to each Outside Serviced Mortgage Loan or any related REO
Property; provided, however, that to the extent any such amounts are received after 2:00 p.m. Eastern time on any
given Business Day, the Master Servicer shall use commercially reasonable efforts to deposit such amounts into the Collection
Account within one (1) Business Day of receipt of such amounts but, in any event, the Master Servicer shall deposit such amounts
into the Collection Account within two (2) Business Days of receipt of such amounts.

 

(d)           With respect to each Outside Serviced Mortgage Loan, if the Master Servicer does not receive from the related Outside Servicer
any Monthly Payment or other amounts known by the Master Servicer to be owing on such Outside Serviced Mortgage Loan in accordance
with the terms of the applicable Outside Servicing Agreement and/or the related Co-Lender Agreement, then the Master Servicer
shall provide notice of such failure to the related Outside Servicer and the related Outside Trustee.

 

Section
3.04        Collection of Taxes, Assessments and Similar Items; Escrow Accounts.

 

(a)           With respect to each Mortgaged Property securing a Serviced Loan, the Master Servicer shall maintain accurate records with
respect to each related Mortgaged Property reflecting the status of taxes, assessments, ground rents and other similar items
that are or may become a lien on the related Mortgaged Property and the status of insurance premiums payable with respect
thereto. From time to time, to the extent such payments are to be made from escrowed funds, the Master Servicer shall (i)
obtain all bills for the payment of such items (including renewal premiums), and (ii) effect payment of all such bills with
respect to such Mortgaged Properties prior to the applicable penalty or termination date, in each case employing for such
purpose Escrow Payments as allowed under the terms of the related Serviced Loan. With respect to non-escrowed payments, when
the Master Servicer becomes aware in accordance with the Servicing Standard

 

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that
a Mortgagor (other than with respect to the Outside Serviced Mortgage Loan) has failed to make any such payment or, with respect
to escrowed loans, collections from the Mortgagor are insufficient to pay any such item before the applicable penalty or termination
date, the Master Servicer shall advance the amount of any shortfall as a Property Advance unless the Master Servicer determines
in accordance with the Servicing Standard that such Advance would be a Nonrecoverable Advance. Notwithstanding anything in this
Agreement to the contrary, the Master Servicer may in accordance with the Servicing Standard elect (but is not required) to make
(and in the case of a Specially Serviced Loan, at the direction of the Special Servicer will be required to make) a payment from
amounts on deposit in the Collection Account that would otherwise be a Property Advance with respect to a Serviced Mortgage Loan
notwithstanding that the Master Servicer or the Special Servicer has determined that such a Property Advance would, if advanced,
be a Nonrecoverable Property Advance, if making the payment (x) would prevent (i) the related Mortgaged Property from being uninsured
or being sold at a tax sale or (ii) any event that would cause a loss of the priority of the lien of the related Mortgage, or
the loss of any security for the related Mortgage Loan, or (y) would remediate any adverse environmental condition or circumstance
at the related Mortgaged Property, if, in each instance, the Master Servicer or the Special Servicer, as applicable, determines
in accordance with the Servicing Standard that making the payment is in the best interest of the Certificateholders, the Uncertificated
VRR Interest Owners and any related Serviced Companion Loan Holder(s) (as a collective whole as if the Certificateholders, the
Uncertificated VRR Interest Owners and such Serviced Companion Loan Holder(s) constituted a single lender (and, in the case of
a Serviced AB Loan Combination, taking into account the subordinate nature of the related Subordinate Companion Loan(s))). If
the Special Servicer makes such a determination, it shall notify the Master Servicer and the Master Servicer shall make such payment
from the Collection Account. No costs incurred by the Master Servicer in effecting the payment of taxes and assessments on the
Mortgaged Properties shall, for the purpose of calculating distributions to Certificateholders and the Uncertificated VRR Interest
Owners, be added to the amount owing under the related Mortgage Loans, notwithstanding that the terms of such Mortgage Loans so
permit.

 

(b)           The Master Servicer shall segregate and hold all funds collected and received pursuant to any Mortgage Loan or Serviced Loan Combination
constituting Escrow Payments separate and apart from any of its own funds and general assets and shall establish and maintain
one or more segregated custodial accounts (each, an “Escrow Account”) into which all Escrow Payments shall
be deposited within two (2) Business Days after receipt of properly identified funds. The Master Servicer shall also deposit into
each applicable Escrow Account any amounts representing losses on Permitted Investments to the extent required by Section 3.07(b) of this Agreement and any Insurance Proceeds or Condemnation Proceeds which are required to be applied to the restoration
or repair of any Mortgaged Property pursuant to the related Loan Documents. Escrow Accounts shall be Eligible Accounts (except
to the extent the related Loan Documents require or permit it to be held in an account that is not an Eligible Account) in accordance
with the terms of the related Loan Documents) and (subject to any changes in the identities of the Master Servicer and/or the
Trustee) shall be entitled, “KeyBank National Association, as Master Servicer, on behalf of Wilmington Trust, National Association,
as Trustee for the benefit of the registered Holders of Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates,
Series 2022-B35, the Uncertificated VRR Interest Owners, the Serviced Companion Loan Holders, and Various Mortgagors.” Withdrawals
from an Escrow Account may be made by the Master Servicer only:

 

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(i)          to effect timely payments of items constituting Escrow Payments for the related Loan Documents and in accordance with the terms
of the related Mortgage Loan or Serviced Loan Combination, as applicable;

 

(ii)         to transfer funds to the Collection Account and/or the applicable Loan Combination Custodial Account to reimburse the Master Servicer,
the Special Servicer or the Trustee, as applicable, for any Property Advance (with interest thereon at the Advance Rate) relating
to Escrow Payments, but only from amounts received with respect to the related Mortgage Loan or Serviced Loan Combination, as
applicable, which represent late collections of Escrow Payments thereunder;

 

(iii)        for application to the restoration or repair of the related Mortgaged Property in accordance with the related Mortgage Loan or
Serviced Loan Combination, as applicable, and the Servicing Standard;

 

(iv)        to clear and terminate such Escrow Account upon the termination of this Agreement;

 

(v)         to pay from time to time to the related Mortgagor (a) any interest or investment income earned on funds deposited in the Escrow
Account if such income is required to be paid to the related Mortgagor under law or by the terms of the Mortgage Loan or Serviced
Loan Combination, as applicable, or otherwise to the Master Servicer and (b) any other funds required to be released to the related
Mortgagors pursuant to the related Loan Documents; and

 

(vi)        to remove any funds deposited in an Escrow Account that were not required to be deposited therein.

 

(c)           In the event any Loan Documents permit the lender, at the discretion of the lender, to use letters of credit and/or cash reserves
to prepay the related Mortgage Loan prior to the Maturity Date and in the absence of an event of default or acceleration of the
Mortgage Loan, then the Master Servicer shall hold such amounts in an Escrow Account for so long as the Loan Documents permit
such discretion.

 

(d)           Unless required by the related Loan Documents, neither the Master Servicer nor the Special Servicer shall apply any earnout escrows
or reserves established with respect to any Mortgage Loan as a prepayment of such Mortgage Loan if no event of default has occurred
under such Mortgage Loan.

 

(e)           To the extent that (i) an operations and maintenance plan is required to be established and executed pursuant to the terms of
a Serviced Loan, or (ii) any repairs, capital improvements, actions or remediations are required to have been taken or completed
pursuant to the terms of the Serviced Loan, the Master Servicer shall determine in accordance with the Servicing Standard (which
determination may be made on the basis of inquiry to the Mortgagor and this sentence shall in no event be construed to require
a physical inspection other than inspections described in Section 3.18 of this Agreement; provided that all deliveries
required to be made to Master Servicer under the related Loan Documents of supporting documentation have been made; then the Master
Servicer shall report the then current status as a failure) whether the

 

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related
Mortgagor has failed to perform such obligations under the related Mortgage Loan or Serviced Loan Combination as of the date required
under the related Mortgage Loan or Serviced Loan Combination and report any such failure to the Special Servicer, the Serviced
Companion Loan Holders and, prior to the occurrence and continuance of a Consultation Termination Event, the Controlling Class
Representative within a reasonable time after the date as of which such actions or remediations are required to be or to have
been taken or completed.

 

Section
3.05        Collection Account; Distribution Accounts; and Excess Liquidation Proceeds Reserve Account; and Excess Interest Distribution
Account.

 

(a)           The Master Servicer shall establish and maintain the Collection Account in the Master Servicer’s name on behalf of the Trustee,
for the benefit of the Certificateholders, the Uncertificated VRR Interest Owners and the Trustee as the Holder of the Lower-Tier
Regular Interests. The Collection Account shall be established and maintained as an Eligible Account. Amounts attributable to
the Mortgage Loans (other than the Excess Interest) will be assets of the Lower-Tier REMIC. As and when required under this Agreement,
the Master Servicer shall transfer to the Collection Account any amounts to be transferred thereto from a Loan Combination Custodial
Account as contemplated by Section 3.06A(a)(i) of this Agreement, and the Master Servicer shall deposit in the Collection
Account any amounts required to be deposited therein pursuant to Section 3.07(b) of this Agreement in connection with net
losses realized on Permitted Investments with respect to funds held in the Collection Account. In addition, the Master Servicer
shall deposit or cause to be deposited in the Collection Account, within one (1) Business Day following receipt of properly identified
funds, (x) all Net Liquidation Proceeds received on or with respect to a Mortgage Loan related to a Serviced Loan Combination
in connection with any of the events described in clauses (iii) and (iv) of the definition of “Liquidation Event”
in this Agreement, and (y) without duplication, the following payments and collections received or made by it on or with respect
to the Mortgage Loans (other than any Mortgage Loan related to a Serviced Loan Combination):

 

(i)          all payments on account of principal on such Mortgage Loans, including Principal Prepayments and the principal component of Insurance
Proceeds, Condemnation Proceeds and Liquidation Proceeds;

 

(ii)         all payments on account of interest on such Mortgage Loans (including Excess Interest);

 

(iii)        all Yield Maintenance Charges on such Mortgage Loans;

 

(iv)        all amounts with respect to any related REO Property transferred to the Collection Account, or to the Master Servicer for deposit
in the Collection Account, from an REO Account pursuant to Section 3.16(b) of this Agreement;

 

(v)         all Net Insurance Proceeds, Net Condemnation and Net Liquidation Proceeds with respect to such Mortgage Loans;

 

(vi)        any amounts received from Mortgagors under such Mortgage Loans that represent (A) recoveries of Property Protection Expenses,
(B) any recovery of Unliquidated Advances with respect to such Mortgage Loans, or (C) any other

 

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reimbursements
in accordance with the related Loan Documents, in each case to the extent not permitted to be retained by the Master Servicer
as provided herein;

 

(vii)       any Loss of Value Payments, as set forth in Section 3.06(c) of this Agreement; and

 

(viii)      any other amounts required by the provisions of this Agreement to be deposited into the Collection Account by the Master Servicer
or Special Servicer, including pursuant to Section 2.03 and Section 3.03(c) of this Agreement; provided,
however, that to the extent any amounts referred to in clauses (x) or (y) above of this Section 3.05(a) are received after 2:00 p.m. Eastern time on any given Business Day, the Master Servicer shall use commercially reasonable
efforts to deposit such amounts into the Collection Account within one (1) Business Day of receipt thereof but, in any event,
the Master Servicer shall deposit such amounts into the Collection Account within two (2) Business Days of receipt thereof.

 

The
foregoing requirements for deposits in the Collection Account shall be exclusive, it being understood and agreed that, without
limiting the generality of the foregoing, to the extent provided herein, Ancillary Fees, Consent Fees, Assumption Fees, assumption
application fees, defeasance fees, review fees and other amounts that constitute other Additional Servicing Compensation or other
Additional Special Servicing Compensation need not be deposited in the Collection Account by the Master Servicer or the Special
Servicer, as applicable, and, to the extent permitted by applicable law, the Master Servicer or the Special Servicer, as applicable,
shall be entitled to retain any such Ancillary Fees, Consent Fees, Assumption Fees, assumption application fees, defeasance fees,
review fees and/or amounts that constitute other Additional Servicing Compensation or other Additional Special Servicing Compensation
received with respect to such Mortgage Loans in accordance with Section 3.12 of this Agreement; provided that if the Master
Servicer or the Special Servicer, as applicable, receives any such Ancillary Fees, Consent Fees, Assumption Fees, assumption application
fees, defeasance fees and/or amounts that constitute other Additional Servicing Compensation or other Additional Special Servicing
Compensation in excess of the percentage of such fees to which it is entitled pursuant to Section 3.12(a) (in the case
of the Master Servicer) or Section 3.12(c) (in the case of the Special Servicer), then it shall remit to the other party
(i.e. the Special Servicer (if Master Servicer has received the excess percentage of such fees) or the Master Servicer (if Special
Servicer has received the excess percentage of such fees), as applicable) the percentage of such fees to which such other party
is entitled pursuant to Section 3.12(a) or Section 3.12(c), as applicable. To the extent that any Penalty Charges
or Modification Fees received by the Master Servicer or the Special Servicer, as applicable, with respect to any Mortgage Loan
constitute servicing compensation pursuant to Section 3.14(a)(iv) of this Agreement, the Master Servicer and the Special
Servicer shall not deposit such fees into the Collection Account and shall instead apply such fees in accordance with Section
3.14(a)(iv) of this Agreement. In the event that the Master Servicer deposits in the Collection Account any amount not required
to be deposited therein, it may at any time withdraw such amount from the Collection Account, any provision herein to the contrary
notwithstanding. The Master Servicer shall give written notice to the Certificate Administrator and the Special Servicer of the
location and account number of the Collection Account and shall notify the Certificate Administrator and the Special Servicer
in writing of any subsequent change thereof.

 

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Upon
receipt of any of the amounts described in clauses (i) through (vi) and (viii) of the last sentence of the second preceding paragraph
with respect to a Mortgage Loan (other than a Mortgage Loan related to a Serviced Loan Combination), the Special Servicer shall
promptly, but in no event later than one (1) Business Day after receipt of properly identified funds, remit such amounts to the
Master Servicer for deposit into the Collection Account in accordance with the second preceding paragraph, unless the Special
Servicer determines, consistent with the Servicing Standard, that a particular item should not be deposited because of a restrictive
endorsement or other appropriate reason. With respect to any such amounts paid by check to the order of the Special Servicer,
the Special Servicer shall endorse such check to the order of the Master Servicer, unless the Special Servicer determines, consistent
with the Servicing Standard, that a particular item cannot be so endorsed and delivered because of a restrictive endorsement or
other appropriate reason. Any such amounts received by the Special Servicer with respect to an REO Property that relates to any
Mortgage Loan (other than a Mortgage Loan related to a Serviced Loan Combination) shall initially be deposited by the Special
Servicer into the related REO Account (or, at the option of the Special Servicer, remitted by the applicable property manager
directly to the Master Servicer) and thereafter remitted to the Master Servicer for deposit into the Collection Account, all in
accordance with Section 3.16 of this Agreement.

 

(b)          The Certificate Administrator shall establish and maintain the Lower-Tier REMIC Distribution Account and the Upper-Tier REMIC
Distribution Account in the name of the Certificate Administrator on behalf of the Trustee, for the benefit of the Certificateholders
and the Uncertificated VRR Interest Owners. Each of the foregoing accounts shall be non-interest bearing and shall be established
and maintained as Eligible Accounts or as sub-accounts of a single Eligible Account. With respect to each Distribution Date, on
or before such Distribution Date, the Certificate Administrator shall be deemed to make or shall make the withdrawals from the
Lower-Tier REMIC Distribution Account as set forth in Section 4.01 of this Agreement, shall be deemed to make the deposits
into the Lower-Tier REMIC Distribution Account and the Upper-Tier REMIC Distribution Account as set forth in Section 4.01
hereof, and shall cause the Available Funds (including P&I Advances) and Yield Maintenance Charges to be distributed in respect
of the applicable Certificates and Uncertificated VRR Interest, pursuant to Section 4.01 hereof on such date.

 

(c)          The Certificate Administrator shall establish (upon receipt of written notice that an event that generates Excess Liquidation
Proceeds has occurred) and maintain the Excess Liquidation Proceeds Reserve Account in the name of the Certificate Administrator
on behalf of the Trustee for the benefit of the Certificateholders and the Uncertificated VRR Interest Owners. The Excess Liquidation
Proceeds Reserve Account shall be non-interest bearing and shall be maintained separate and apart from trust funds for mortgage
pass-through certificates of other series administered by the Certificate Administrator and other accounts of the Certificate
Administrator.

 

Upon
the disposition of any REO Property in accordance with Section 3.17 of this Agreement, the Special Servicer shall calculate
the Excess Liquidation Proceeds, if any, realized in connection with such sale. The Special Servicer shall withdraw from each
applicable REO Account and remit to the Master Servicer for deposit into the Collection Account on a monthly basis prior to the
related Master Servicer Remittance Date the Excess Liquidation Proceeds received or collected from each REO Property during the
related Collection Period, along with a

 

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notation
of the amount of such Excess Liquidation Proceeds in the CREFC® REO Liquidation Report. On the related Master Servicer
Remittance Date, the Master Servicer shall remit the Excess Liquidation Proceeds received from the Special Servicer pursuant to
the immediately preceding sentence to the Certificate Administrator for deposit in the Excess Liquidation Proceeds Reserve Account.
Amounts held in the Excess Liquidation Proceeds Reserve Account on each Distribution Date that exceed amounts reasonably anticipated
to be required to offset possible future Realized Losses and other shortfalls in payments on the Regular Certificates and the
Uncertificated VRR Interest, as determined by the Special Servicer, and all amounts held in the Excess Liquidation Proceeds Reserve
Account on the final Distribution Date, in each case after application in accordance with the first two sentences of Section
4.01(e) of this Agreement, shall be distributed to the Holders of the Class R Certificates in respect of the Lower-Tier Residual
Interest.

 

(d)         
[RESERVED]

 

(e)           Prior to the Master Servicer Remittance Date immediately following the end of the first Collection Period during which Excess
Interest is received on any ARD Mortgage Loan, and upon notification from the Master Servicer pursuant to Section 3.03(b)
of this Agreement, the Certificate Administrator shall establish and maintain the Excess Interest Distribution Account in the
name of the Certificate Administrator on behalf of the Trustee, for the benefit of the Holders of the Excess Interest Certificates
and the Uncertificated VRR Interest Owners. The Excess Interest Distribution Account shall be non-interest bearing and shall be
established and maintained as an Eligible Account (or as a subaccount of an Eligible Account). With respect to each Distribution
Date, the Master Servicer shall withdraw from the Collection Account and remit to the Certificate Administrator on the applicable
Master Servicer Remittance Date for deposit in the Excess Interest Distribution Account an amount equal to the Excess Interest
received during the applicable Collection Period.

 

The
Certificate Administrator shall, on any Distribution Date, make withdrawals from the Excess Interest Distribution Account to the
extent required to make the distributions of Excess Interest required by Section 4.01(k) of this Agreement.

 

Following
the distribution of Excess Interest to the Holders of the Excess Interest Certificates and the Uncertificated VRR Interest Owners
on the first Distribution Date after which there are no longer any ARD Mortgage Loans outstanding, the Certificate Administrator
may terminate the Excess Interest Distribution Account.

 

(f)           Notwithstanding anything to the contrary herein, the Lower-Tier REMIC Distribution Account, the Upper-Tier REMIC Distribution
Account, the Excess Interest Distribution Account, the Excess Liquidation Proceeds Reserve Account and the Interest Reserve Account
may all be sub-accounts of a single Eligible Account; provided that each of them shall be treated as a separate account for purposes
of deposits and withdrawals under this Agreement.

 

(g)          If any Loss of Value Payments are received in connection with a Material Document Defect or Material Breach, as the case may be,
pursuant to or as contemplated by Section 2.03(a) of this Agreement, the Special Servicer shall establish and maintain
one or more accounts (collectively, the “Loss of Value Reserve Fund”) to be held on behalf of the Trustee for

 

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the
benefit of the Certificateholders and the Uncertificated VRR Interest Owners, for purposes of holding such Loss of Value Payments.
Each account that constitutes the Loss of Value Reserve Fund shall be an Eligible Account or a sub-account of an Eligible Account.
The Special Servicer shall, upon receipt, deposit in the Loss of Value Reserve Fund all Loss of Value Payments received by it.
The Loss of Value Reserve Fund shall be accounted for as an outside reserve fund within the meaning of Treasury Regulations Section
1.860G-2(h) and not an asset of any Trust REMIC. Furthermore, for all federal tax purposes, the Certificate Administrator shall
(i) treat amounts paid out of the Loss of Value Reserve Fund (and any income earned thereon) through the Collection Account to
the Certificateholders and the Uncertificated VRR Interest Owners (or, in the case of any income earned on the Loss of Value Reserve
Fund and paid to the Special Servicer as additional compensation) as damages paid to and distributed by the Trust REMICs on account
of a breach of a representation or warranty by the related Mortgage Loan Seller and (ii) treat any amounts paid out of the Loss
of Value Reserve Fund through the Collection Account to a Mortgage Loan Seller as distributions by the Trust Fund to such Mortgage
Loan Seller as beneficial owner of the Loss of Value Reserve Fund. The applicable Mortgage Loan Seller will be the beneficial
owner of the related account in the Loss of Value Reserve Fund for all federal income tax purposes, and shall be taxable on all
income earned thereon.

 

(h)          For the avoidance of doubt, the Lower-Tier REMIC Distribution Account, the Excess Liquidation Proceeds Reserve Account, and the
Interest Reserve Account (including interest, if any, earned on the investment of funds in such accounts) will be owned by the
Lower-Tier REMIC, the Excess Interest Distribution Account will be owned by the Grantor Trust, and the Upper-Tier REMIC Distribution
Account (including interest, if any, earned on the investment of funds in such account) will be owned by the Upper-Tier REMIC,
each for federal income tax purposes.

 

Section
3.05A Loan Combination Custodial Account.

 

(a)           The Master Servicer shall establish and maintain, with respect to each Serviced Loan Combination (if any), one or more separate
accounts, which may be sub-accounts of a single account (with respect to each Serviced Loan Combination, the “Loan Combination
Custodial Account”) in which the amounts described in clauses (i) through (viii) below shall be deposited and held in the
name of the Master Servicer on behalf of the Trustee for the benefit of the Certificateholders, the Uncertificated VRR Interest
Owners and the related Serviced Companion Loan Holder(s), as their interests may appear; provided that a Loan Combination Custodial
Account may be a sub-account of the Collection Account or another Loan Combination Custodial Account (but shall be deemed to be
a separate account for purposes of applying the terms of this Agreement). Each of the Loan Combination Custodial Accounts shall
be an Eligible Account or a subaccount of an Eligible Account. The Master Servicer shall deposit or cause to be deposited in each
Loan Combination Custodial Account, within one Business Day following receipt of properly identified funds (or, in the case of
payments by the Master Servicer, when otherwise required to be so deposited under this Agreement), the following payments and
collections received or made by it on or with respect to the related Serviced Loan Combination:

 

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(i)            all payments on account of principal on the related Serviced Loan Combination, including Principal Prepayments and the principal
component of Insurance Proceeds, Condemnation Proceeds and Liquidation Proceeds;

 

(ii)
         all payments on account of interest on the related Serviced Loan Combination;

 

(iii)
        all Yield Maintenance Charges on the related Serviced Loan Combination;

 

(iv)
        any amounts required to be deposited pursuant to Section 3.07(b) of this Agreement in connection with net losses realized
on Permitted Investments with respect to funds held in such Loan Combination Custodial Account;

 

(v)          all amounts with respect to any REO Property acquired in respect of the related Serviced Loan Combination transferred to such
Loan Combination Custodial Account, or the Master Servicer for deposit in such Loan Combination Custodial Account, from the related
REO Account pursuant to Section 3.16(b) of this Agreement;

 

(vi)         all Net Condemnation Proceeds, Net Insurance Proceeds and Net Liquidation Proceeds with respect to the related Serviced Loan Combination
(other than any Net Liquidation Proceeds received on or in respect of the related Mortgage Loan in connection with any of the
events described in clauses (iii) and (iv) of the definition of “Liquidation Event” in this Agreement);

 

(vii)        any amounts received from the Mortgagor under the related Serviced Loan Combination that represent (A) recoveries of Property
Protection Expenses, or (B) any other reimbursements in accordance with the related Loan Documents, in each case to the extent
not permitted to be retained by the Master Servicer as provided herein; and

 

(viii)       any other amounts required by the provisions of this Agreement to be deposited into such Loan Combination Custodial Account by
the Master Servicer or Special Servicer, including any recovery of any Unliquidated Advances;

 

provided,
however, that to the extent any such amounts are received after 2:00 p.m. Eastern time on any given Business Day, the Master
Servicer shall use commercially reasonable efforts to deposit such amounts into the related Loan Combination Custodial Account
within one (1) Business Day of receipt thereof but, in any event, the Master Servicer shall deposit such amounts into the related
Loan Combination Custodial Account within two (2) Business Days of receipt thereof.

 

(b)          The foregoing requirements for deposits in each Loan Combination Custodial Account shall be exclusive, it being understood and
agreed that, without limiting the generality of the foregoing, to the extent provided herein, Ancillary Fees, Consent Fees, Assumption
Fees, assumption application fees, defeasance fees, review fees and other amounts that constitute other Additional Servicing Compensation
or other Additional Special Servicing Compensation need not be deposited in such Loan Combination Custodial Account by the Master

 

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Servicer
or the Special Servicer, as applicable, and, to the extent permitted by applicable law, the Master Servicer or the Special Servicer,
as applicable, shall be entitled to retain any such Ancillary Fees, Consent Fees, Assumption Fees, assumption application fees,
defeasance fees, review fees and/or other amounts that constitute other Additional Servicing Compensation or other Additional
Special Servicing Compensation received with respect to the Serviced Loan Combinations in accordance with Section 3.12
of this Agreement; provided that if the Master Servicer or the Special Servicer, as applicable, receives any such Ancillary Fees,
Consent Fees, Assumption Fees, assumption application fees, defeasance fees and/or amounts that constitute other Additional Servicing
Compensation or other Additional Special Servicing Compensation in excess of the percentage of such fees to which it is entitled
pursuant to Section 3.12(a) (in the case of the Master Servicer) or Section 3.12(c) (in the case of the Special
Servicer), then it shall remit to the other party (i.e. the Special Servicer (if Master Servicer has received the excess percentage
of such fees) or the Master Servicer (if Special Servicer has received the excess percentage of such fees), as applicable) the
percentage of such fees to which such other party is entitled pursuant to Section 3.12(a) or Section 3.12(c), as
applicable. The Master Servicer and the Special Servicer shall not deposit any Modification Fees received by the Master Servicer
or the Special Servicer, as applicable, with respect to any Serviced Loan Combination into the related Loan Combination Custodial
Account and shall instead apply such fees (except to the extent not permitted under the related Co-Lender Agreement) in accordance
with Section 3.14 of this Agreement. In the event that the Master Servicer deposits in a Loan Combination Custodial Account
any amount not required to be deposited therein, it may at any time withdraw such amount from such Loan Combination Custodial
Account, any provision herein to the contrary notwithstanding. The Master Servicer shall give written notice to the Certificate
Administrator, the related Serviced Companion Loan Holders and the Special Servicer of the location and account number of each
Loan Combination Custodial Account and shall notify the Certificate Administrator, the related Serviced Companion Loan Holder
and the Special Servicer in writing of any subsequent change thereof. Each Loan Combination Custodial Account shall be maintained
as a segregated account (or sub-account of such segregated account), separate and apart from trust funds created for mortgage-backed
securities of other series and the other accounts of the Master Servicer.

 

(c)                 
Upon receipt of any of the amounts described in clauses (i) through (viii) of Section 3.05A(a) with respect
to a Serviced Loan Combination, the Special Servicer shall promptly, but in no event later than one (1) Business Day after receipt
of properly identified funds, remit such amounts to the Master Servicer for deposit into the Loan Combination Custodial Account
in accordance with Section 3.05A(a), unless the Special Servicer determines, consistent with the Servicing Standard, that
a particular item should not be deposited because of a restrictive endorsement or other appropriate reason. With respect to any
such amounts paid by check to the order of the Special Servicer, the Special Servicer shall endorse such check to the order of
the Master Servicer, unless the Special Servicer determines, consistent with the Servicing Standard, that a particular item cannot
be so endorsed and delivered because of a restrictive endorsement or other appropriate reason. Any such amounts received by the
Special Servicer with respect to an REO Property that relates to a Serviced Loan Combination shall initially be deposited by the
Special Servicer into the related REO Account (or, at the option of the Special Servicer, remitted by the applicable property
manager directly to the Master Servicer) and thereafter remitted to the Master Servicer for deposit into the related Loan Combination
Custodial Account, all in accordance with Section 3.17 of this Agreement.

 

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Section
3.06    Permitted Withdrawals From the Collection Account.

 

(a)           The Master Servicer may make withdrawals from the Collection Account only as described below (the order set forth below not constituting
an order of priority for such withdrawals), subject to the application of Penalty Charges and Modification Fees in accordance
with the related Co-Lender Agreement and Section 3.14 of this Agreement:

 

(i)           to remit on or before each Master Servicer Remittance Date to the Certificate Administrator for deposit in the Lower-Tier REMIC
Distribution Account, the Interest Reserve Account, the Excess Interest Distribution Account and the Excess Liquidation Proceeds
Reserve Account the amounts required to be deposited in such accounts pursuant to Sections 3.05(c), 3.05(e), 3.23,
4.01(a)(i) and/or Section 4.06(a) of this Agreement, as applicable;

 

(ii)          to pay or reimburse the Master Servicer, the Special Servicer or the Trustee, as applicable (A) for Advances made thereby with
respect to Mortgage Loans that are not part of a Serviced Loan Combination (other than Workout-Delayed Reimbursement Amounts)
and any related Advance Interest Amounts (provided that the Trustee shall have priority with respect to such payment or
reimbursement of any such Advances and any related Advance Interest Amounts), the Master Servicer’s right to reimburse any
such Person pursuant to this clause (ii)(A) being limited to late collections (including cure payments by related Serviced Companion
Loan Holders) of the particular item which was the subject of the related Advance, Penalty Charges, Net Condemnation Proceeds,
Net REO Proceeds, Net Insurance Proceeds and Net Liquidation Proceeds on or in respect of the particular Mortgage Loan or REO
Property respecting which such Advance was made, if applicable (provided that (x) prior to the time any Advance is reimbursed,
Advance Interest Amounts may be reimbursed solely from Penalty Charges and Modification Fees collected on the related Mortgage
Loan, and (y) at the time any Advance (other than Workout Delayed Reimbursement Amounts) is reimbursed, Advance Interest Amounts
on such reimbursed Advance shall be payable first from Penalty Charges and Modification Fees collected on the related Mortgage
Loan, and, to the extent such Penalty Charges and Modification Fees are insufficient, then from general collections on deposit
in the Collection Account), (B) for Advances made thereby with respect to Mortgage Loans that are part of a Serviced Loan Combination
and any related Advance Interest Amounts (provided that the Trustee shall have priority with respect to such payment or
reimbursement of any such Advances and any related Advance Interest Amounts), the Master Servicer’s right to reimburse any
such person pursuant to this clause (ii)(B) being limited to Net Liquidation Proceeds on or in respect of the particular Mortgage
Loan or REO Property respecting which such Advance was made, which Net Liquidation Proceeds were received in connection with any
of the events described in clauses (iii), (iv) and (vii) of the definition of “Liquidation Event”, (C) to the extent
not reimbursed pursuant to Section 3.14 of this Agreement, for Advances and any related Advance Interest Amounts (or portion
thereof) that have been deemed to be Nonrecoverable Advances or are not recovered from recoveries in respect of the related Mortgage
Loan, Serviced Loan Combination or REO Property after a Final Recovery Determination to the extent not recovered from the related
Loan Combination Custodial Account and Advance Interest Amounts thereon, first, out of the principal portion of general
collections on the Mortgage

 

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Loans
and REO Properties, and second, to the extent the principal portion of general collections is insufficient and with respect
to such excess only, subject to any election in its sole discretion to defer reimbursement thereof pursuant to Section 3.27
of this Agreement, out of other collections on the Mortgage Loans and REO Properties, and (D) for Workout-Delayed Reimbursement
Amounts and Advance Interest Amounts thereon, first, out of the principal portion of the general collections on the Mortgage
Loans and REO Properties, net of such amounts being reimbursed pursuant to clause (C) above, and second, upon a determination
by the Master Servicer, the Special Servicer or the Trustee, as applicable, that a Workout-Delayed Reimbursement Amount is a Nonrecoverable
Advance, in the same manner as Nonrecoverable Advances may be reimbursed (provided that with respect to each Mortgage Loan
or REO Property that relates to a Serviced Loan Combination, such Workout-Delayed Reimbursement Amounts and Advance Interest Amounts
thereon shall first be reimbursed pursuant to Section 3.06A(a)(ii) of this Agreement and, if not reimbursed pursuant thereto,
shall be paid from the Collection Account as provided in this clause (ii)(D));

 

(iii)         to pay on or before each Master Servicer Remittance Date to the Master Servicer (who shall pay the holder of the Excess Servicing
Fee Rights the portion of the Servicing Fee that represents Excess Servicing Fees in accordance with Section 3.12 of this
Agreement) and to the Special Servicer, as applicable, as compensation, the aggregate unpaid Servicing Fee with respect to Mortgage
Loans (to the extent not otherwise required to be applied against Prepayment Interest Shortfalls) in respect of the immediately
preceding Interest Accrual Period, and Special Servicing Compensation (if any) in respect of the immediately preceding Interest
Accrual Period or Collection Period, as applicable, to be paid, in the case of the Servicing Fee, from interest received on the
related Mortgage Loan, and to pay from time to time to the Master Servicer in accordance with Section 3.07(b) of this Agreement
any interest or investment income earned on funds deposited in the Collection Account and, in the case of the Special Servicing
Fee, from general collections; provided, however, that in the case of any Mortgage Loan or REO Mortgage Loan related
to a Serviced Loan Combination or related REO Loan Combination, (A)     Servicing Fees may be paid out
of the Collection Account pursuant to this clause (iii) only from the interest portion of Net Liquidation Proceeds on or in respect
of such Mortgage Loan, REO Mortgage Loan or REO Companion Loan, as applicable, which Net Liquidation Proceeds were received in
connection with any of the events described in clauses (iii), (iv) and (vii) of the definition of “Liquidation Event”
and (B) Special Servicing Compensation shall first be paid out of the related Loan Combination Custodial Account pursuant to Section
3.06A(a)(iii) of this Agreement and may be paid out of the Collection Account pursuant to this clause (iii) only if and to
the extent that such Special Servicing Compensation has not been paid out of the related Loan Combination Custodial Account pursuant
to Section 3.06A(a)(iii) of this Agreement;

 

(iv)         in accordance with Section 2.03 of this Agreement, to reimburse itself, the Trustee or the Special Servicer, out of general
collections on the Mortgage Loans and related REO Properties (including with respect to the Outside Serviced Mortgage Loans) for
any unreimbursed expense reasonably incurred by such Person in respect of any Material Defect giving rise to a repurchase or substitution
obligation of the applicable Mortgage Loan Seller or any other obligation of the Mortgage Loan Seller under Section 6

 

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of
the applicable Mortgage Loan Purchase Agreement, including, without limitation, any expenses arising out of the performance of
its duties under Section 2.03 of this Agreement in connection with such Material Defect or out of the enforcement of the
repurchase or substitution obligation or any other obligation of the applicable Mortgage Loan Seller under Section 6 of the applicable
Mortgage Loan Purchase Agreement in connection with such Material Defect, together with interest thereon at the Advance Rate from
the time such expense was incurred to, but excluding, the date such expense was reimbursed, but only to the extent that such expenses
are not otherwise reimbursable, each such Person’s right to reimbursement pursuant to this clause (iv) with respect to any
Mortgage Loan being subject to the following: (a) if the Purchase Price is paid for such Mortgage Loan, then such Person’s
right to reimbursement shall be limited to that portion of the Purchase Price that represents such expense in accordance with
clause (f) of the definition of Purchase Price, or (b) if no Purchase Price is paid or if an amount less than the Purchase Price
is paid and proceedings are instituted to enforce the related Mortgage Loan Seller’s payment or performance pursuant to
the applicable Mortgage Loan Purchase Agreement or if a Loss of Value Payment is made, then such Person shall be entitled to reimbursement
from the Trust following the adjudication of such proceedings in favor of such Mortgage Loan Seller, settlement of the Material
Defect claim, or payment of such Loss of Value Payment, as the case may be;

 

(v)         to pay out of general collections on the Mortgage Loans and related REO Properties, for costs and expenses incurred by the Trust
Fund with respect to the Mortgage Loans and related REO Properties pursuant to Sections 3.04 and 3.10(e) of this
Agreement and to pay Liquidation Expenses out of related Liquidation Proceeds pursuant to Section 3.11 of this Agreement
(provided that with respect to each Serviced Loan Combination, such expenses shall first be reimbursed pursuant to Section
3.06A(a)(iv) of this Agreement to the extent related to such Serviced Loan Combination and if not reimbursed pursuant thereto,
shall be paid from the Collection Account as provided in this clause (v));

 

(vi)        to the extent not reimbursed or paid pursuant to any other clause of this Section 3.06, to reimburse or pay the Master
Servicer, the Trustee, the Custodian, the Certificate Administrator, the Special Servicer, the Operating Advisor, the Asset Representations
Reviewer, CREFC® or the Depositor, as applicable, for unpaid Additional Trust Fund Expenses (other than Advance
Interest Amounts), unpaid Trustee/Certificate Administrator Fees, unpaid Servicing Fees (but only if the related Mortgage Loan
has been liquidated or a Final Recovery Determination has been made with respect thereto), unpaid Special Servicing Compensation,
unpaid Operating Advisor Fees, unpaid Operating Advisor Consulting Fees (but only to the extent such Operating Advisor Consulting
Fee is actually received from the related Mortgagor), unpaid Asset Representations Reviewer Ongoing Fees and any unpaid Asset
Representations Reviewer Asset Review Fee (to the extent such fee is payable by the Trust), unpaid CREFC® Intellectual
Property Royalty License Fees and other unpaid items incurred by or owing to such Person pursuant to Section 2.03(h)(vi),
Section 2.03(j)(viii), the second sentence of Section 3.07(c), Section 3.08(a), Section 3.08(b), Section
3.10, Section 3.12(c), Section 3.16(a), Section 3.29(k), Section 6.03, Section 7.04, Section
8.05(a), Section 8.05(b),

 

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Section
8.05(d), Section 11.02(a), Section 11.02(b) or Section 12.07 of this Agreement, or any other provision
of this Agreement pursuant to which such Person is entitled to reimbursement or payment from the Trust Fund, in each case only
to the extent expressly reimbursable under such Section , it being acknowledged that this clause (vi) shall not be deemed to modify
the substance of any such Section , including the provisions of such Section that set forth the extent to which one of the foregoing
Persons is or is not entitled to payment or reimbursement (provided that with respect to each Mortgage Loan that is part
of a Serviced Loan Combination, such expenses shall first be reimbursed pursuant to Section 3.06A(a)(v) of this Agreement
to the extent related to such Serviced Loan Combination and, if not reimbursed pursuant thereto, shall be paid from the Collection
Account as provided in this clause (vi), and provided, further, that fees and compensation to any party with respect
to any Serviced Companion Loan (or a successor REO Companion Loan) shall not be payable from the Collection Account pursuant to
this clause (vi));

 

(vii)       to transfer to the Certificate Administrator for deposit in one or more separate, non-interest bearing accounts any amount reasonably
determined by the Certificate Administrator to be necessary to pay any applicable federal, state or local taxes imposed on any
Trust REMIC under the circumstances and to the extent described in Section 4.05 of this Agreement;

 

(viii)      to make such payments and reimbursements out of Penalty Charges and Modification Fees on deposit in the Collection Account as
are contemplated by Section 3.14 of this Agreement;

 

(ix)         to make such payments and reimbursements as contemplated by Section 3.06(c) of this Agreement out of funds transferred
to the Collection Account from the Loss of Value Reserve Fund pursuant to Section 3.06(c) of this Agreement;

 

(x)          to withdraw any amount deposited into the Collection Account that was not required to be deposited therein; or

 

(xi)         to clear and terminate the Collection Account pursuant to Section 9.01 of this Agreement.

 

If
and to the extent that the Master Servicer has reimbursed or made payment to itself or any other Person pursuant to any clause
of the prior paragraph above for any cost, expense, indemnity, fee or Property Advance or Advance Interest Amount thereon with
respect to a Loan Combination that represents the related Serviced Companion Loan’s allocable share of such cost, expense,
indemnity, fee, or Property Advance or Advance Interest Amount thereon (taking into account the subordinate nature of any related
Subordinate Companion Loan(s)), the Master Servicer (with respect to Performing Serviced Loans) and the Special Servicer (with
respect to Specially Serviced Loans) shall use efforts consistent with the Servicing Standard to collect such amounts out of collections
on such Serviced Companion Loan (or, if and to the extent permitted under the related Co-Lender Agreement, from the related Serviced
Companion Loan Holder) and deposit all such amounts (collectively, with respect to such Serviced Companion Loan, the “Trust

 

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Reimbursement
Amount No.1”) collected from or on behalf of the related Serviced Companion Loan Holder into the Collection Account.

 

The
Master Servicer shall also be entitled to make withdrawals from time to time, from the Collection Account of amounts necessary
for the payments or reimbursement of amounts required to be paid to the parties to, and/or the securitization trust created under,
the applicable Outside Servicing Agreement by the holder of each Outside Serviced Mortgage Loan pursuant to each Outside Serviced
Co-Lender Agreement. In the absence of manifest error, the Master Servicer may conclusively rely on the request for payments contemplated
by the preceding sentence.

 

The
Master Servicer shall keep and maintain separate accounting, on a Mortgage Loan-by-Mortgage Loan basis, for the purpose of justifying
any withdrawal from the Collection Account pursuant to subclauses (i) through (ix) of the third preceding paragraph.

 

The
Master Servicer shall pay to each of the Special Servicer (or to third party contractors at the direction of the Special Servicer),
the Operating Advisor, the Asset Representations Reviewer, the Trustee and the Certificate Administrator, as applicable, from
the applicable Collection Account, amounts permitted to be paid thereto from such account promptly upon receipt of a written statement
of an officer of the Special Servicer, an officer of the Operating Advisor, an officer of the Asset Representations Reviewer or
a Responsible Officer of the Trustee or the Certificate Administrator, as the case may be, describing the item and amount to which
the Special Servicer (or such third party contractor), the Operating Advisor, the Asset Representations Reviewer, the Trustee
or the Certificate Administrator, as the case may be, is entitled (unless such payment to the Special Servicer, the Operating
Advisor, the Asset Representations Reviewer, the Trustee or the Certificate Administrator, as the case may be, is clearly required
pursuant to this Agreement, in which case a written statement is not required). The Master Servicer may rely conclusively on any
such written statement and shall have no duty to recalculate the amounts stated therein. The parties seeking payment pursuant
to this Section shall each keep and maintain a separate accounting for the purpose of justifying any request for withdrawal from
each Collection Account, on a loan-by-loan basis.

 

With
respect to each Outside Serviced Mortgage Loan, the Master Servicer shall pay to, subject to Section 3.01(j)(i) and (j)(ii),
the related Outside Servicer, the related Outside Special Servicer, the related Outside Certificate Administrator or the related
Outside Trustee, as applicable, from the Collection Account on the Master Servicer Remittance Date amounts permitted to be paid
to the related Outside Servicer, the related Outside Special Servicer, the related Outside Certificate Administrator or the related
Outside Trustee, as applicable, therefrom based upon an Officer’s Certificate received from the related Outside Servicer,
the related Outside Special Servicer, the related Outside Certificate Administrator or the related Outside Trustee, as applicable,
on the first Business Day following the immediately preceding Determination Date, describing the item and amount to which the
related Outside Servicer, the related Outside Special Servicer, the related Outside Certificate Administrator or the related Outside
Trustee, as applicable, is entitled. The Master Servicer may rely conclusively on any such certificate and shall have no duty
to re-calculate the amounts stated therein.

 

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The
Trustee, the Custodian, the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer, the Depositor,
CREFC®, the Special Servicer and the Master Servicer shall in all cases have a right prior to the Certificateholders
and the Uncertificated VRR Interest Owners to any funds (or, if applicable, to any expressly specified funds) on deposit in the
Collection Account from time to time for the reimbursement or payment of the Servicing Fees (including investment income), Trustee/Certificate
Administrator Fees, Special Servicing Compensation, Advances, Advance Interest Amounts, Workout-Delayed Reimbursement Amounts,
Operating Advisor Fees, Operating Advisor Consulting Fees (but only to the extent such Operating Advisor Consulting Fees are actually
received from the related Mortgagor(s)), Asset Representations Reviewer Ongoing Fee, Asset Representations Reviewer Asset Review
Fee (only to the extent such fee is payable by the Trust), CREFC® Intellectual Property Royalty License Fees and
(for each of such Persons other than CREFC®) their respective expenses hereunder (including without limitation
Additional Trust Fund Expenses) to the extent such fees, indemnity amounts and expenses are to be reimbursed or paid from amounts
on deposit in the Collection Account pursuant to this Agreement (and to have such amounts paid directly to third party contractors
for any invoices submitted to the Trustee, the Master Servicer or the Special Servicer, as applicable).

 

(b)          The
Certificate Administrator shall, upon receipt, deposit in each of the Lower-Tier REMIC Distribution Account, the Excess Interest
Distribution Account, the Interest Reserve Account and the Excess Liquidation Proceeds Reserve Account any and all amounts received
by the Certificate Administrator in accordance with Section 3.06(a)(i) of this Agreement and required to be deposited therein.
If, as of 3:00 p.m., New York City time, on any Master Servicer Remittance Date or on such other date as any amount referred to
in the preceding sentence is required to be delivered hereunder, the Master Servicer shall not have delivered to the Certificate
Administrator for deposit in the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account, the Interest
Reserve Account and the Excess Liquidation Proceeds Reserve Account the amounts required to be deposited therein pursuant to the
provisions of this Agreement (including, without limitation, Section 3.06(a)(i) of this Agreement), then the Certificate
Administrator shall, to the extent that a Responsible Officer of the Certificate Administrator has such knowledge, provide notice
of such failure to the Master Servicer by facsimile transmission sent to telecopy number (877) 379-1625 (or such alternative number
provided by the Master Servicer to the Certificate Administrator in writing) and by electronic mail at andrew_j_lindenman@keybank.com
(or such alternative electronic mail address provided by the Master Servicer to the Certificate Administrator in writing) as soon
as possible, but in any event before 5:00 p.m., New York City time, on such day; provided, however, that the Master
Servicer will pay the Certificate Administrator interest on such late payment at the Prime Rate until such late payment is received
by the Certificate Administrator.

 

(c)           If any Loss of Value Payments are deposited into the Loss of Value Reserve Fund with respect to any Mortgage Loan or any related
REO Property, then the Special Servicer shall, promptly upon written direction from the Master Servicer (provided that,
(1) with respect to clause (iv) below, the Special Servicer shall have provided notice to the Master Servicer of the occurrence
of such Liquidation Event and (2) with respect to clause (v) below, the Certificate Administrator shall have provided the
Master Servicer and the Special Servicer with five Business Days’ prior notice of such final Distribution Date), transfer
such Loss of Value Payments (up to the remaining portion thereof) from the Loss of Value Reserve Fund to the Master Servicer for

 

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deposit
into the Collection Account (or, in the case of clause (v) below, to the applicable Mortgage Loan Sellers), for the following
purposes:

 

(i)           to reimburse the Master Servicer, the Special Servicer or the Trustee, in accordance with Section 3.06(a) of this Agreement,
for any Nonrecoverable Advance made by such party with respect to such Mortgage Loan or any related REO Property (together with
any related Advance Interest Amounts);

 

(ii)          (A) to pay, in accordance with Section 3.06(a) of this Agreement, or to reimburse the Trust for the prior payment of, any
expense relating to such Mortgage Loan or any related REO Property that constitutes or, if not paid out of such Loss of Value
Payments, would constitute an Additional Trust Fund Expense, and (B) to pay, in accordance with Section 3.06(a) of this
Agreement, any unpaid Liquidation Fee due and owing to the Special Servicer in connection with the receipt of such Loss of Value
Payments;

 

(iii)         to offset any portion of Realized Losses that are attributable to such Mortgage Loan or related REO Property (as calculated without
regard to the application of such Loss of Value Payments), incurred with respect to such Mortgage Loan (or any related successor
REO Mortgage Loan with respect thereto);

 

(iv)         following
the occurrence of a Liquidation Event with respect to such Mortgage Loan or any related REO Property and any
related transfers from the Loss of Value Reserve Fund with respect to the items contemplated by the immediately preceding
clauses (i) through (iii) above as to such Mortgage Loan, to cover the items contemplated by the immediately
preceding clauses (i), (ii)(A) and (iii) in respect of any other Mortgage Loan or REO Mortgage Loan;
and

 

(v)          on
the final Distribution Date after all distributions have been made as set forth in clauses (i) through (iv)
above, to each Mortgage Loan Seller, its pro rata share of any remaining funds, based on the amount that it
contributed, net of any amount contributed by such Mortgage Loan Seller that was used pursuant to clauses (i)
through (iii)      above to offset any portion of Realized Losses that are attributable to the
Mortgage Loan or any related REO Property for which the contribution was made, Additional Trust Fund Expenses or any
Nonrecoverable Advances incurred with respect to the Mortgage Loan or any related REO Property for which the contribution was
made.

 

Any
Loss of Value Payments transferred to the Collection Account pursuant to clauses (i) through (iii) of the prior paragraph shall
be treated as Liquidation Proceeds received by the Trust in respect of the related Mortgage Loan (or any successor REO Mortgage
Loan with respect thereto) for which such Loss of Value Payments were received; and any Loss of Value Payments transferred to
the Collection Account pursuant to clause (iv) of the prior paragraph shall be treated as Liquidation Proceeds received by the
Trust in respect of the Mortgage Loan or REO Mortgage Loan for which such Loss of Value Payments are being transferred to the
Collection Account to cover an item contemplated by clauses (i), (ii)(A) and (iii) of the prior paragraph.

 

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Section
3.06A.    Permitted Withdrawals From the Loan Combination Custodial Account.

 

(a)           The Master Servicer may make withdrawals from the Loan Combination Custodial Account for each Serviced Loan Combination only as
described below (the order set forth below not constituting an order of priority for such withdrawals), subject to the application
of Penalty Charges and Modification Fees in accordance with the related Co-Lender Agreement and Section 3.14 of this Agreement:

 

(i)           (A) after the Determination Date, and on or prior to the Business Day immediately preceding the Master Servicer Remittance Date,
in each calendar month (and also on the Business Day immediately following the receipt of any funds from the REO Account for any
REO Property related to such Serviced Loan Combination, if such funds are received after the Determination Date and before the
Distribution Date in any calendar month and were not available for any earlier transfer to the Collection Account in such calendar
month), to transfer to the Collection Account all amounts on deposit in the Loan Combination Custodial Account payable to the
Trust pursuant to the related Co-Lender Agreement with respect to the related Mortgage Loan (or any successor REO Mortgage Loan),
including any applicable Trust Reimbursement Amount, and (B) (1) on or prior to the related Serviced Loan Combination Remittance
Date in each calendar month, to remit to the related Serviced Companion Loan Holder all amounts on deposit in the Loan Combination
Custodial Account that are received as of the Business Day immediately prior to such Serviced Loan Combination Remittance Date
that are payable to such Serviced Companion Loan Holder pursuant to the related Co-Lender Agreement with respect to the related
Serviced Companion Loan (or any successor REO Companion Loan), exclusive of any applicable Trust Reimbursement Amount and (2)
on the Business Day immediately following the receipt of any funds from the REO Account for any REO Property related to such Serviced
Loan Combination, if such funds are received on or after the related Serviced Loan Combination Remittance Date and before the
Distribution Date in any calendar month, to remit to the related Serviced Companion Loan Holder all amounts on deposit in the
Loan Combination Custodial Account payable to such Serviced Companion Loan Holder pursuant to the related Co-Lender Agreement
with respect to the related Serviced Companion Loan or any successor REO Companion Loan, exclusive of any applicable Trust Reimbursement
Amount;

 

(ii)          to pay or reimburse the Master Servicer, the Special Servicer or the Trustee, for Advances made thereby with respect to such Serviced
Loan Combination and any related Advance Interest Amounts (provided that the Trustee shall have priority with respect to such
payment or reimbursement of any such Advances and any related Advance Interest Amounts), the Master Servicer’s right to
reimburse any such Person pursuant to this clause (ii) being limited to late collections (including cure payments by related Serviced
Companion Loan Holders) of the particular item which was the subject of the related Advance, Penalty Charges, Net Condemnation
Proceeds, Net REO Proceeds, Net Insurance Proceeds and Net Liquidation Proceeds on or in respect of the particular Serviced Loan
Combination or any related REO Property; provided, however, that if such Advance has become a Workout-Delayed Reimbursement
Amount (but not a Nonrecoverable Advance), then neither such Workout-Delayed Reimbursement Amount nor any related

 

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Advance
Interest Amounts shall be reimbursed or paid, as the case may be, out of payments or other collections of interest (other than
Penalty Charges) or Yield Maintenance Charges on or in respect of the related Mortgage Loan (or any successor REO Mortgage Loan)
or the related Serviced Companion Loan (or any successor REO Companion Loan); and provided, further, that if such Advance
is a P&I Advance with respect to the related Mortgage Loan (or a successor REO Mortgage Loan), then neither such Advance nor
any related Advance Interest Amounts shall be reimbursed or paid, as the case may be, out of, or otherwise result in a reduction
of, amounts otherwise payable to the related Serviced Companion Loan Holder(s) with respect to the related Serviced Companion
Loan(s) (or any successor REO Companion Loan(s)), except that in the case of a Serviced AB Loan Combination, reimbursements or
payments, as the case may be, of Advances or any related Advance Interest Amounts shall be made taking into account the subordinate
nature of the related Subordinate Companion Loan(s) to the extent set forth in, and in accordance with, the related Co-Lender
Agreement;

 

(iii)         to pay on or before each Master Servicer Remittance Date (A) to the Master Servicer as compensation, the aggregate unpaid Servicing
Fee with respect to such Serviced Loan Combination (to the extent not otherwise required to be applied against Prepayment Interest
Shortfalls) in respect of the immediately preceding Interest Accrual Period, to be paid from interest received on the related
Mortgage Loan or Serviced Companion Loan, as applicable, and to pay from time to time to the Master Servicer in accordance with
Section 3.07(b) any interest or investment income earned on funds deposited in such Loan Combination Custodial Account
and (B) to the Special Servicer as compensation, any Special Servicing Compensation payable with respect to such Serviced Loan
Combination; provided, however, that no Servicing Fees or Special Servicing Compensation earned with respect to the related Mortgage
Loan (or a successor REO Mortgage Loan) shall be payable out of, or otherwise result in a reduction of, amounts otherwise payable
to the related Serviced Companion Loan Holder with respect to the related Serviced Companion Loan (or any successor REO Companion
Loan) (provided that, in the case of a Serviced AB Loan Combination, such payments shall be made taking into account the subordinate
nature of the related Subordinate Companion Loan(s) to the extent set forth in, and in accordance with, the related Co-Lender
Agreement), and no Servicing Fees or Special Servicing Compensation earned with respect to the related Serviced Companion Loan
(or any successor REO Companion Loan) shall be payable out of, or otherwise result in a reduction of, amounts otherwise payable
to the Trust with respect to the related Mortgage Loan (or a successor REO Mortgage Loan) (it being acknowledged and agreed that
this proviso is in no way intended to limit the rights of the Master Servicer or Special Servicer under the related Co-Lender
Agreement to seek payment of any unpaid Servicing Fees or Special Servicing Compensation, as applicable, with respect to any Serviced
Companion Loan from the related Serviced Companion Loan Holder);

 

(iv)         to pay for costs and expenses incurred by the Trust Fund solely with respect to such Serviced Loan Combination and related REO
Property pursuant to Section 3.10(e) and to pay Liquidation Expenses out of Liquidation Proceeds pursuant to Section
3.11;

 

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(v)         to the extent not reimbursed or paid pursuant to any other clause of this Section 3.06A, to reimburse or pay the Master
Servicer, the Trustee, the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer, the Special Servicer
or the Depositor, as applicable, for unpaid Additional Trust Fund Expenses, Servicing Fees and other unpaid items incurred by
or owing to such Person pursuant to the second sentence of Section 3.07(c), Section 3.08(a), Section 3.08(b),
Section 3.10, the second sentence of Section 3.12(a), the third sentence of Section 3.12(c), Section 3.16(a),
Section 3.29, Section 6.03, Section 7.04, Section 8.05(a), Section 8.05(b), Section 8.05(d),
Section 11.02(a), Section 11.02(b) or Section 12.07, or any other provision of this Agreement pursuant to which
such Person is entitled to reimbursement or payment from the Trust Fund, in each case only to the extent expressly reimbursable
under such Section and to the extent related to such Serviced Loan Combination and not related to amounts which are solely expenses
of the Trust Fund (such as expenses related to administration of the Trust Fund or REMIC taxes, penalties or interest or preservation
of the REMIC status of each Trust REMIC), it being acknowledged that this clause (v) shall not be deemed to modify the substance
of any such Section , including the provisions of such Section that set forth the extent to which one of the foregoing Persons
is or is not entitled to payment or reimbursement; provided, however, that no payment or reimbursement to the Operating Advisor,
the Asset Representations Reviewer or the Certificate Administrator or payment or reimbursement of costs and expenses associated
with obtaining a Rating Agency Confirmation, shall be made out of, or otherwise result in a reduction of, amounts otherwise payable
to the related Serviced Companion Loan Holder with respect to the related Serviced Companion Loan (or successor REO Companion
Loan) (provided that, in the case of a Serviced AB Loan Combination, such payments or reimbursements shall be made taking into
account the subordinate nature of the related Subordinate Companion Loan(s) to the extent set forth in, and in accordance with,
the related Co-Lender Agreement), and no payment or reimbursement of costs and expenses associated with obtaining a Companion
Loan Rating Agency Confirmation shall be made out of, or otherwise result in a reduction of, amounts otherwise payable to the
Trust with respect to the related Mortgage Loan (or any successor REO Mortgage Loan);

 

(vi)        to make such payments and reimbursements out of Penalty Charges and Modification Fees on deposit in such Loan Combination Custodial
Account as are contemplated by the related Co-Lender Agreement and Section 3.14 of this Agreement;

 

(vii)       to withdraw any amount deposited into such Loan Combination Custodial Account that was not required to be deposited therein;

 

(viii)      if the related Serviced Companion Loan (or any successor REO Companion Loan with respect thereto) is part of an Other Securitization
Trust, to the extent required by the related Co-Lender Agreement, to reimburse the applicable party to the related Other Pooling
and Servicing Agreement for any advances of delinquent monthly debt service payments made thereby with respect to such Serviced
Companion Loan (or REO Companion Loan), together with interest thereon, provided that such reimbursement, together with interest,
shall be made solely out of payments and other collections on such Serviced Companion Loan (or REO Companion Loan); or

 

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(ix)         to clear and terminate such Loan Combination Custodial Account pursuant to Section 9.01 of this Agreement.

 

The
Master Servicer shall keep and maintain separate accounting, on a Mortgage Loan-by-Mortgage Loan and Companion Loan-by-Companion
Loan basis, for the purpose of justifying any withdrawal from each Loan Combination Custodial Account pursuant to subclauses (i)
through (ix) above. If and to the extent that the Master Servicer has reimbursed or made payment to itself or any other Person
pursuant to any clause of the prior paragraph above for any cost, expense, indemnity, or Property Advance or Advance Interest
Amount thereon with respect to a Serviced Loan Combination out of monies allocable to the related Mortgage Loan (or any successor
REO Mortgage Loan) to an extent that the Trust as holder of the related Mortgage Loan has borne some or all of the related Serviced
Companion Loan’s allocable share of such cost, expense, indemnity, or Property Advance or Advance Interest Amount thereon
(taking into account the subordinate nature of any related Subordinate Companion Loan(s) to the extent set forth in, and in accordance
with, the related Co-Lender Agreement), the Master Servicer shall use efforts consistent with the Servicing Standard to collect
such amounts disproportionately borne by the Trust out of collections on such Serviced Companion Loan (or, if and to the extent
permitted under the related Co-Lender Agreement, from the related Serviced Companion Loan Holder) and deposit all such amounts
(collectively, with respect to such Serviced Companion Loan, the “Trust Reimbursement Amount No.2” and, together
with Trust Reimbursement Amount No.1, the “Trust Reimbursement Amount”) collected from or on behalf of the
related Serviced Companion Loan Holder into the Collection Account.

 

The
Master Servicer shall pay to each of the Special Servicer (or to third party contractors at the direction of the Special Servicer),
the Operating Advisor, the Trustee, the Certificate Administrator and an advancing party under any Other Pooling and Servicing
Agreement, as applicable, from the applicable Loan Combination Custodial Account, amounts permitted to be paid thereto from such
account promptly upon receipt of a written statement of an officer of the Special Servicer, an officer of the Operating Advisor,
a Responsible Officer of the Trustee or the Certificate Administrator or an officer of such advancing party under such Other Pooling
and Servicing Agreement, as the case may be, describing the item and amount to which the Special Servicer (or such third party
contractor), the Operating Advisor, the Trustee, the Certificate Administrator or such advancing party under such Other Pooling
and Servicing Agreement, as the case may be, is entitled (unless such payment to the Special Servicer, the Operating Advisor,
the Trustee or the Certificate Administrator, as the case may be, is clearly required pursuant to this Agreement, in which case
a written statement is not required). The Master Servicer may rely conclusively on any such written statement and shall have no
duty to re-calculate the amounts stated therein. The parties seeking payment pursuant to this Section shall each keep and maintain
separate accounting for the purpose of justifying any request for withdrawal from each Loan Combination Custodial Account, on
a loan-by-loan basis.

 

The
Trustee, the Depositor, the Operating Advisor, the Certificate Administrator, the Special Servicer and the Master Servicer shall
in all cases have a right prior to the Certificateholders and the Uncertificated VRR Interest Owners to any funds on deposit in
a Loan Combination Custodial Account from time to time for the reimbursement or payment of the Servicing Fees (including investment
income), or Special Servicing Compensation, Advances, Advance Interest Amounts and their respective indemnity amounts or expenses
hereunder to the

 

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extent
such fees, indemnity amounts and expenses are to be reimbursed or paid from amounts on deposit in such Loan Combination Custodial
Account pursuant to this Agreement and the related Co-Lender Agreement (and to have such amounts paid directly to third party
contractors for any invoices approved by the Trustee, the Depositor, the Certificate Administrator, the Master Servicer or the
Special Servicer, as applicable); provided, however, for the avoidance of doubt, neither the Trustee/Certificate
Administrator Fees nor the Operating Advisor Fee shall be paid from funds on deposit in a Loan Combination Custodial Account.

 

After
the Determination Date, and on or prior to the Business Day immediately preceding the Master Servicer Remittance Date, in each
calendar month (and also on the Business Day immediately following the receipt of any funds from the REO Account for any REO Property
related to the applicable Serviced Loan Combination, if such funds are received after the Determination Date and before the Distribution
Date in any calendar month and were not available for any earlier transfer to the Collection Account in such calendar month),
the Master Servicer shall remit for deposit in the Collection Account all amounts on deposit in a Loan Combination Custodial Account
payable to the Trust pursuant to the related Co-Lender Agreement with respect to the related Mortgage Loan (or any successor REO
Mortgage Loan), including any applicable Trust Reimbursement Amount; and on or prior to the related Serviced Loan Combination
Remittance Date in each calendar month (and also on the Business Day immediately following the receipt of any funds from the REO
Account for any REO Property related to the applicable Serviced Loan Combination, if such funds are received after the Determination
Date and before the Distribution Date in any calendar month), the Master Servicer shall remit to the related Serviced Companion
Loan Holder all amounts on deposit in a Loan Combination Custodial Account payable to such Serviced Companion Loan Holder pursuant
to the related Co-Lender Agreement with respect to the related Serviced Companion Loan (or any successor REO Companion Loan),
exclusive of any applicable Trust Reimbursement Amount, in each case, prior to the required remittance from the Collection Account
to the Certificate Administrator for deposit into the Lower-Tier REMIC Distribution Account on such Master Servicer Remittance
Date.

 

(b)          Notwithstanding anything to the contrary contained herein, with respect to each Serviced Companion Loan, the Master Servicer shall
withdraw from the related Loan Combination Custodial Account and remit to the related Serviced Companion Loan Holder, within one
(1) Business Day of receipt of properly identified funds, any amounts that represent late collections or Principal Prepayments
received by the Master Servicer from the related Mortgagor that are allocable to such Serviced Companion Loan or any successor
REO Companion Loan with respect thereto (exclusive of any portion of such amount paid or reimbursed to any third party in accordance
with the related Co-Lender Agreement) unless such amount would otherwise be included in the monthly remittance to the related
Serviced Companion Loan Holder for such month pursuant to Section 3.06A(a); provided, however, that to the
extent any such amounts are received after 3:00 p.m. Eastern time on any given Business Day, the Master Servicer shall use commercially
reasonable efforts to remit such amounts to the related Serviced Companion Loan Holder within one (1) Business Day of receipt
of properly identified funds but, in any event, the Master Servicer shall remit such amounts within two (2) Business Days of receipt
of properly identified funds.

 

Section
3.07 Investment of Funds in the Collection Account, the REO Account, the Mortgagor Accounts, and Other Accounts.

 

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(a)           The Master Servicer, or with respect to any REO Account and any Loss of Value Reserve Fund, the Special Servicer, may direct any
depository institution maintaining the Collection Account, any Loan Combination Custodial Account, any Mortgagor Account (subject
to the second succeeding sentence), any REO Account or any Loss of Value Reserve Fund (each of the Collection Account, any Loan
Combination Custodial Account, any REO Account, any Loss of Value Reserve Fund and any Mortgagor Account, for purposes of this
Section 3.07, an “Investment Account”), to invest the funds in such Investment Account in one or more
Permitted Investments that bear interest or are sold at a discount, and that mature, unless payable on demand, no later than the
Business Day preceding the date on which such funds are required to be withdrawn from such Investment Account pursuant to this
Agreement. Any direction by the Master Servicer or the Special Servicer to invest funds on deposit in an Investment Account shall
be in writing and shall certify that the requested investment is a Permitted Investment which matures at or prior to the time
required hereby or is payable on demand. In the case of any Escrow Account or Lock-Box Account (the “Mortgagor Accounts”),
the Master Servicer shall act upon the written request of the related Mortgagor or Manager to the extent the Master Servicer is
required to do so under the terms of the respective Mortgage Loan (or Serviced Loan Combination) or related documents, provided
that in the absence of appropriate written instructions from the related Mortgagor or Manager meeting the requirements of
this Section 3.07, the Master Servicer shall have no obligation to, but will be entitled to, direct the investment of funds
in such accounts in Permitted Investments. All such Permitted Investments shall be held to maturity, unless payable on demand.
Any investment of funds in an Investment Account shall be made in the name of the Trustee or a nominee of the Trustee (in each
case for the benefit of the Certificateholders and the Uncertificated VRR Interest Owners). The Trustee (for the benefit of the
Certificateholders and the Uncertificated VRR Interest Owners) shall have sole control (except with respect to investment direction,
which shall be in the control of the Master Servicer (with respect to the Collection Account, any Loan Combination Custodial Account
or any Mortgagor Account) or the Special Servicer (with respect to any REO Accounts and any Loss of Value Reserve Fund), as applicable,
as an independent contractor to the Trust Fund) over each such investment and any certificate or other instrument evidencing any
such investment shall be delivered directly to the Trustee or its nominee (which shall initially be the Master Servicer or the
Special Servicer, as applicable), together with any document of transfer, if any, necessary to transfer title to such investment
to the Trustee or its nominee (for the benefit of the Certificateholders and the Uncertificated VRR Interest Owners). Neither
the Trustee nor the Certificate Administrator shall have any responsibility or liability with respect to the investment directions
of the Master Servicer or the Special Servicer, any Mortgagor or Manager or any losses resulting therefrom, whether from Permitted
Investments or otherwise. The Master Servicer shall have no responsibility or liability with respect to the investment direction
of the Special Servicer, any Mortgagor or Manager or any losses resulting therefrom, whether from Permitted Investments or otherwise.
The Special Servicer shall have no responsibility or liability with respect to the investment direction of the Master Servicer,
any Mortgagor or any property manager or any losses resulting therefrom, whether from Permitted Investments or otherwise. In the
event amounts on deposit in an Investment Account are at any time invested in a Permitted Investment payable on demand, the Master
Servicer (or the Special Servicer in the case of REO Accounts and any Loss of Value Reserve Fund), shall: (x) consistent with
any notice required to be given thereunder, demand that payment thereon be made on the last day such Permitted Investment may
otherwise mature hereunder in an amount equal to the lesser of (1) all amounts then payable thereunder and (2) the amount required
to be withdrawn on such

 

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date;
and (y) demand payment of all amounts due thereunder promptly upon determination by the Master Servicer (or the Special Servicer
in the case of REO Accounts and any Loss of Value Reserve Fund) that such Permitted Investment would not constitute a Permitted
Investment in respect of funds thereafter on deposit in the related Investment Account. Amounts on deposit in the Distribution
Account, the Excess Interest Distribution Account, the Excess Liquidation Proceeds Reserve Account and the Interest Reserve Account
(each, a “Certificate Administrator Account”) shall remain uninvested.

 

(b)          All income and gain realized from investment of funds deposited in any Investment Account shall be for the benefit of the Master
Servicer, except with respect to the investment of funds deposited in (i) any Mortgagor Account to the extent required under the
Mortgage Loan (or Serviced Loan Combination) or applicable law to be for the benefit of the related Mortgagor or (ii) any REO
Account and any Loss of Value Reserve Fund, which shall be for the benefit of the Special Servicer, and if held in the Collection
Account, a Loan Combination Custodial Account or an REO Account, shall be subject to withdrawal by the Master Servicer or the
Special Servicer, as applicable, in accordance with Section 3.06, Section 3.06A or Section 3.16(b) of this
Agreement, as applicable. The Master Servicer (or with respect to any REO Account and any Loss of Value Reserve Fund, the Special
Servicer) shall deposit from its own funds into any applicable Investment Account, the amount of any loss incurred in respect
of any such Permitted Investment immediately upon realization of such loss (except with respect to losses incurred as a result
of the related Mortgagor or Manager exercising its power under the related Loan Documents to direct such investment in such Mortgagor
Account); provided, however, that the Master Servicer or Special Servicer, as applicable, may reduce the amount
of such payment to the extent it forgoes any investment income in such Investment Account otherwise payable to it. The Master
Servicer shall also deposit from its own funds in any Mortgagor Account the amount of any loss incurred in respect of Permitted
Investments, except to the extent that amounts are invested for the benefit of the Mortgagor under the terms of the Mortgage Loan
(or Serviced Loan Combination) or applicable law. Notwithstanding the foregoing, neither the Master Servicer nor the Special Servicer
(in their respective capacities as Master Servicer and Special Servicer, respectively) shall be required to deposit any loss on
an investment of funds in an Investment Account if such loss is incurred solely as a result of the insolvency of the federal or
state chartered depository institution or trust company that holds such Investment Account, so long as such depository institution
or trust company is not the Person or an Affiliate of the Person maintaining such account hereunder and satisfied the qualifications
set forth in the definition of Eligible Account both (1) at the time such investment was made and (2) as of the date that is 30
days prior to the insolvency.

 

(c)           Except as otherwise expressly provided in this Agreement, if any default occurs in the making of a payment due under any Permitted
Investment, or if a default occurs in any other performance required under any Permitted Investment, the Trustee may, and upon
the request of Holders of Certificates representing greater than 50% of the Percentage Interests of any Class shall, take such
action as may be appropriate to enforce such payment or performance, including the institution and prosecution of appropriate
proceedings. In the event the Trustee takes any such action, the Trust Fund shall pay or reimburse the Trustee for all reasonable
out-of-pocket expenses, disbursements and advances incurred or made by the Trustee in connection therewith. In the event that
the Trustee does not take any such action, the Master Servicer may, but is not obligated to, take such action at its own cost
and expense.

 

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Section
3.08    Maintenance of Insurance Policies and Errors and Omissions and Fidelity Coverage.

 

(a)           The
Master Servicer on behalf of the Trustee, as mortgagee of record, shall use efforts consistent with the Servicing Standard
to cause the related Mortgagor to maintain, to the extent required by each Mortgage Loan (other than an Outside Serviced
Mortgage Loan) and each Serviced Companion Loan (except to the extent that the failure to maintain such insurance coverage is
an Acceptable Insurance Default), and if the Mortgagor does not so maintain, shall itself maintain (subject to the provisions
of this Agreement concerning Nonrecoverable Advances and to the extent the Trustee as mortgagee of record has an insurable
interest and to the extent available at commercially reasonable rates), (i) fire and hazard insurance (and windstorm
insurance, if applicable) with extended coverage on the related Mortgaged Property in an amount which is at least equal to
the lesser of (a) one hundred percent (100%) of the then “full replacement cost” of the improvements and
equipment (excluding foundations, footings and excavation costs), without deduction for physical depreciation, and (b) the
outstanding principal balance of the related Mortgage Loan and the related Serviced Companion Loan(s) or such greater amount
as is necessary to prevent any reduction in such policy by reason of the application of co-insurance provisions and to
prevent the Trustee thereunder from being deemed to be a co-insurer and provided such policy shall include a
“replacement cost” rider, (ii) insurance providing coverage against 18 months (or such longer period or with such
extended period endorsement as provided in the related Mortgage or other Loan Document) of rent interruptions and (iii) such
other insurance as is required in the related Mortgage Loan and the related Serviced Companion Loan; provided that, if
the Loan Documents with respect to any CREFI Mortgage Loan permit the related Mortgagor to maintain, with the
lender’s consent or agreement, any insurance policy that (A) has coverages, deductibles and/or other related provisions
other than those specified in the related Loan Documents or (B) is provided by an insurer that does not meet the credit
ratings requirements set forth in the related Loan Documents (any such insurance policy, a “Non-Conforming
Policy”), the Master Servicer shall not consent or agree to such Non-Conforming Policy unless the Master Servicer
has received a Rating Agency Confirmation with respect to such Non-Conforming Policy. Subject to Section 3.16 of this
Agreement, the Special Servicer in accordance with the Servicing Standard and to the extent available at commercially
reasonable rates (as determined by the Special Servicer in accordance with the Servicing Standard), shall cause to be
maintained for each REO Property (other than an REO Property related to an Outside Serviced Mortgage Loan) no less insurance
coverage than was previously required of the Mortgagor under the related Loan Documents (except to the extent that the
failure to maintain such insurance coverage is an Acceptable Insurance Default); provided that to the extent the Loan
Documents require the related Mortgagor to maintain insurance with an insurer rated better than as indicated in the
definition of “Qualified Insurer”, the Master Servicer may, without a Rating Agency Confirmation or the
approval of the Special Servicer, to the extent consistent with the Servicing Standard, permit the related Mortgagor to
maintain insurance with an insurer that does not meet the requirements of the Loan Documents so long as the related Mortgagor
maintains insurance with an insurer rated at least as indicated in the definition of “Qualified
Insurer”. All insurance for an REO Property shall be from a Qualified Insurer, if available from a Qualified
Insurer, and if not available from a Qualified Insurer, from an insurance provider that is rated the next highest available
rating who is offering such insurance at commercially reasonable rates. Any amounts collected by the Master Servicer or the
Special Servicer under any such policies (other than amounts required to be applied to the restoration or repair of the
related Mortgaged Property or amounts to be released to the

 

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Mortgagor
in accordance with the terms of the related Loan Documents) shall be deposited into the Collection Account pursuant to Section
3.05 of this Agreement or the Loan Combination Custodial Account pursuant to Section 3.05A of this Agreement, as applicable,
subject to withdrawal pursuant to Section 3.05, Section 3.05A, Section 3.06 or Section 3.06A of this
Agreement. Any cost incurred by the Master Servicer or the Special Servicer in maintaining any such insurance shall not, for the
purpose of calculating distributions to Certificateholders and the Uncertificated VRR Interest Owners, be added to the unpaid
principal balance of the related Mortgage Loan, notwithstanding that the terms of such Mortgage Loan so permit. It is understood
and agreed that no other additional insurance other than flood insurance or earthquake insurance subject to the conditions set
forth below is to be required of any Mortgagor or to be maintained by the Master Servicer other than pursuant to the terms of
the related Loan Documents and pursuant to such applicable laws and regulations as shall at any time be in force and as shall
require such additional insurance. If the related Mortgaged Property (other than an REO Property and other than with respect to
an Outside Serviced Mortgage Loan) is located in a federally designated special flood hazard area, the Master Servicer will use
efforts consistent with the Servicing Standard to cause the related Mortgagor to maintain, to the extent required by each Serviced
Loan, and if the related Mortgagor does not so maintain, shall itself obtain (subject to the provisions of this Agreement concerning
Nonrecoverable Advances) and maintain flood insurance in respect thereof. Such flood insurance shall be in an amount equal to
the lesser of (i) the unpaid principal balance of the related Mortgage Loan and the related Serviced Companion Loan(s) and (ii)
the maximum amount of such insurance required by the terms of the related Mortgage Loan or Serviced Loan Combination and as is
available for the related property under the national flood insurance program (assuming that the area in which such property is
located is participating in such program). If a Mortgaged Property (other than an REO Property) is related to a Serviced Loan
pursuant to which earthquake insurance is required to be maintained pursuant to the terms of the Mortgage Loan or Serviced Loan
Combination, the Master Servicer shall use efforts consistent with the Servicing Standard to cause the related Mortgagor to maintain,
and if the related Mortgagor does not so maintain will itself obtain (subject to the provisions of this Agreement concerning Nonrecoverable
Advances and for so long as such insurance continues to be available at commercially reasonable rates) and maintain earthquake
insurance in respect thereof, in the amount required by the Mortgage Loan or Serviced Loan Combination or, if not specified, in-place
at origination. If an REO Property (other than an REO Property related to the Outside Serviced Mortgage Loan) (i) is located in
a federally designated special flood hazard area or (ii) is related to a Serviced Loan with respect to which earthquake insurance
would be appropriate in accordance with the Servicing Standard and such insurance is available at commercially reasonable rates,
the Special Servicer will obtain (subject to the provisions of this Agreement concerning Nonrecoverable Advances) and maintain
flood insurance and/or earthquake insurance in respect thereof providing the same coverage as described in this Section 3.08(a).
Out-of-pocket expenses incurred by the Master Servicer or Special Servicer in maintaining insurance policies pursuant to this
Section 3.08 shall be advanced by the Master Servicer as a Property Advance and shall be reimbursable to the Master Servicer
with interest at the Advance Rate. The Master Servicer (or the Special Servicer, with respect to REO Properties) agrees to prepare
and present, on behalf of itself, the Trustee and the Certificateholders, the Uncertificated VRR Interest Owners and the Serviced
Companion Loan Holders, claims under each related insurance policy maintained by it pursuant to this Section 3.08(a) in
a timely fashion in accordance with the terms of such policy and to take such reasonable steps as are necessary to receive payment
or to permit recovery

 

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thereunder.
All insurance policies required to be maintained by the Master Servicer or Special Servicer hereunder shall name the Trustee or
the Master Servicer or the Special Servicer, on behalf of the Trustee as the mortgagee, as loss payee, and shall be issued by
Qualified Insurers, if available from a Qualified Insurer, and if not available from a Qualified Insurer, from an insurance provider
that is rated the next highest available rating who is offering such insurance at commercially reasonable rates. Notwithstanding
the foregoing: (A) the Master Servicer shall not be required to maintain any earthquake or environmental insurance policy on any
Mortgaged Property and the Special Servicer shall not be required to maintain any earthquake or environmental insurance policy
on any REO Property, in each case unless such insurance is required to be maintained under the related Loan Documents and is available
at commercially reasonable rates; provided, however, that neither the Master Servicer nor the Special Servicer shall
have any obligation to maintain such earthquake or environmental insurance policy required under the related Loan Documents if
the originator of the Serviced Mortgage Loan or Serviced Loan Combination waived compliance with such insurance requirements (and
if the applicable Master Servicer does not cause the Mortgagor to maintain or does not itself maintain such earthquake or environmental
insurance policy on any Mortgaged Property, the Special Servicer shall have the right, but not the duty, to obtain, at the Trust’s
expense, earthquake or environmental insurance on any Mortgaged Property securing a Specially Serviced Loan or an REO Property
so long as such insurance is available at commercially reasonable rates); (B) with respect to the Master Servicer’s obligation
to cause the related Mortgagor to maintain such insurance, the Master Servicer shall have no obligation beyond using its efforts
consistent with the Servicing Standard to cause any Mortgagor to maintain the insurance required to be maintained or that the
lender is entitled to reasonably require, subject to applicable law, under the related Loan Documents; and (C) in making determinations
as to the availability of insurance at commercially reasonable rates or otherwise, the Master Servicer or the Special Servicer,
as applicable, shall, to the extent consistent with the Servicing Standard, be entitled to rely, at its own expense, on insurance
consultants in making such determination and any such determinations by the Master Servicer or the Special Servicer, as applicable,
need not be made more frequently than annually but in any event shall be made at the approximate date on which the Master Servicer
or the Special Servicer, as applicable, receives notice of the renewal, replacement or cancellation of coverage.

 

Notwithstanding
the foregoing, the Master Servicer or Special Servicer, as applicable, will not be required to maintain, and shall not cause a
Mortgagor to be in default with respect to the failure of the related Mortgagor to obtain, all risk casualty insurance which does
not contain any carve out for terrorist or similar acts, if, and only if, the Special Servicer has determined in accordance with
the Servicing Standard that the failure to maintain such insurance is an Acceptable Insurance Default; provided that, during
the period that the Special Servicer is evaluating such insurance hereunder, the Master Servicer shall not be liable for any loss
related to its failure to require the Mortgagor to maintain terrorism insurance and shall not be in default of its obligations
hereunder as a result of such failure. The Special Servicer shall promptly notify the Master Servicer of each determination under
this paragraph.

 

(b)          (i) If the Master Servicer or the Special Servicer obtains and maintains a blanket insurance policy insuring against fire and
hazard losses on all of the Mortgaged Properties (other than REO Properties and other than Mortgaged Properties that secure the
Outside Serviced Mortgage Loans) as to which the related Mortgagor has not maintained insurance required by the related Mortgage
Loan or, if applicable, related Serviced Loan Combination (other than any

 

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Mortgagor
that is required under the related Loan Documents to maintain insurance with an insurer rated better than as indicated in the
definition of “Qualified Insurer” that maintains insurance with an insurer rated at least as indicated in the
definition of “Qualified Insurer”) or the Special Servicer obtains and maintains a blanket insurance policy
insuring against fire and hazard losses on all of the REO Properties (other than an REO Property acquired in respect of an Outside
Serviced Mortgage Loan), as required under this Agreement, as the case may be, then the Master Servicer or the Special Servicer,
as the case may be, shall conclusively be deemed to have satisfied its respective obligations concerning the maintenance of insurance
coverage set forth in Section 3.08(a) of this Agreement. Any such blanket insurance policy shall be maintained with a Qualified
Insurer. A blanket insurance policy may contain a deductible clause, in which case the Master Servicer or the Special Servicer,
as applicable, shall, in the event that (i) there shall not have been maintained on the related Mortgaged Property a policy otherwise
complying with the provisions of Section 3.08(a) of this Agreement, and (ii) there shall have been one or more losses which
would have been covered by such a policy had it been maintained, immediately deposit into the Collection Account or, if applicable,
related Loan Combination Custodial Account from its own funds the amount not otherwise payable under the blanket policy because
of such deductible clause to the extent that any such deductible exceeds the deductible limitation that pertained to the related
Mortgage Loan or Serviced Loan Combination or, in the absence of any such deductible limitation, the deductible limitation which
is consistent with the Servicing Standard. In connection with its activities as Master Servicer or the Special Servicer hereunder,
as applicable, the Master Servicer and the Special Servicer, respectively, agree to prepare and present, on behalf of itself,
the Trustee, the Certificateholders, the Uncertificated VRR Interest Owners and any related Serviced Companion Loan Holder, claims
under any such blanket policy which it maintains in a timely fashion in accordance with the terms of such policy and to take such
reasonable steps as are necessary to receive payment or permit recovery thereunder.

 

(ii)         
If the Master Servicer causes any Mortgaged Property (other than any REO Property and other than any Mortgaged Property that secures
an Outside Serviced Mortgage Loan) or the Special Servicer causes any REO Property (other than an REO Property acquired in respect
of an Outside Serviced Mortgage Loan) to be covered by a master force placed insurance policy and such policy shall be issued
by a Qualified Insurer and provide no less coverage in scope and amount for such Mortgaged Property or REO Property than the insurance
required to be maintained pursuant to Section 3.08(a) of this Agreement, then the Master Servicer or Special Servicer,
as the case may be, shall conclusively be deemed to have satisfied its respective obligations to maintain insurance pursuant to
Section 3.08(a) of this Agreement. Such policy may contain a deductible clause, in which case the Master Servicer or the
Special Servicer, as applicable, shall, in the event that (i) there shall not have been maintained on the related Mortgaged Property
or REO Property a policy otherwise complying with the provisions of Section 3.08(a), and (ii) there shall have been one or more losses which would have been covered by such a policy had it been maintained, immediately deposit
into the Collection Account or, if applicable, related Loan Combination Custodial Account from its own funds the amount not otherwise
payable under such policy because of such deductible to the extent that any such deductible exceeds the deductible limitation
that pertained to the related Mortgage Loan and/or related Serviced Companion Loan(s) related thereto, or, in the absence of any
such deductible limitation, the deductible limitation which is consistent with the Servicing Standard.

 

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(iii)         In either case, if the Master Servicer or Special Servicer, as applicable, causes any Mortgaged Property or REO Property to be
covered by such “force-placed” insurance policy, the incremental costs of such insurance applicable to such Mortgaged
Property or REO Property (i.e., other than any minimum or standby premium payable for such policy whether or not any Mortgaged
Property or REO Property is covered thereby) shall be paid as a Property Advance. Any legal fees or other out-of-pocket costs
incurred in accordance with the Servicing Standard in connection with any claim under an insurance policy described above (whether
by the Master Servicer or Special Servicer) shall be paid by, and reimbursable to, the Master Servicer as a Property Advance.

 

(c)           The Master Servicer and the Special Servicer shall each obtain and maintain in effect a fidelity bond or similar form of insurance
coverage (which may provide blanket coverage) or a combination of fidelity bond and insurance coverage, in such form as is consistent
with the Servicing Standard and in such amounts that are consistent with the Servicing Standard, insuring against loss occasioned
by fraud, theft or other intentional misconduct of the officers and employees of the Master Servicer or the Special Servicer,
as the case may be. The Master Servicer and the Special Servicer each shall be deemed to have complied with this provision if
one of its respective Affiliates has such fidelity bond coverage and, by the terms of such fidelity bond, the coverage afforded
thereunder extends to the Master Servicer or the Special Servicer, as applicable. In addition, the Master Servicer and the Special
Servicer shall each keep in force during the term of this Agreement a policy or policies of insurance covering loss occasioned
by the errors and omissions of its officers and employees in connection with its obligations to service the Mortgage Loans and
any Serviced Companion Loans hereunder in such form as is consistent with the Servicing Standard and in such amounts as are consistent
with the Servicing Standard. Notwithstanding the foregoing, so long as the Master Servicer (or its corporate parent) or the Special
Servicer (or its corporate parent) has (i) a long-term unsecured debt rating or deposit account rating of at least “A(low)”
as rated by DBRS Morningstar, (ii) a short term deposit or unsecured debt rating of at least “F1” by Fitch and (iii)
a long- term unsecured debt rating or deposit account rating of at least “A3” by Moody’s, the Master Servicer
or the Special Servicer, as applicable, may self-insure for the fidelity bond and errors and omissions coverage otherwise required
above. The Master Servicer shall cause each and every Sub-Servicer it has engaged to maintain or cause to be maintained by an
agent or contractor servicing any Mortgage Loan or Serviced Loan Combination on behalf of such Sub-Servicer, a fidelity bond and
an errors and omissions insurance policy which satisfy the requirements for the fidelity bond and the errors and omissions policy
to be maintained by the Master Servicer to comply with the foregoing. All fidelity bonds and policies of errors and omissions
insurance obtained under this Section 3.08(c) shall be issued by a Qualified Insurer.

 

(d)          Each of the Operating Advisor and Asset Representations Reviewer shall obtain and maintain at its own expense and keep in full
force and effect throughout the term of this Agreement an “errors and omissions” insurance policy with a Qualified
Insurer covering losses that may be sustained as a result of an officer’s or employee’s errors or omissions.

 

Section
3.09    Enforcement of Due-On-Sale and Due-On-Encumbrance Clauses; Assumption Agreements; Defeasance Provisions.

 

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(a)           Upon receipt of any request of a waiver or consent in respect of a due-on-sale or due-on-encumbrance provision under the Loan
Documents of a Serviced Loan, the Special Servicer shall promptly process and analyze such request, including the preparation
of written materials in connection with such analysis, and determine in a manner consistent with the Servicing Standard whether
to waive any right to accelerate payment the lender may have, or grant its consent, under the due-on-sale or due-on-encumbrance
provision of such Serviced Loan. If the Master Servicer receives any such request with respect to Performing Serviced Loans, the
Master Servicer shall promptly deliver a copy of such request to the Special Servicer. Notwithstanding the forgoing, with respect
to any Performing Serviced Loan as to which the Master Servicer and the Specially Servicer mutually agree, the Master Servicer
shall process and analyze any such request, including the preparation of written materials in connection with such analysis, in
accordance with the Servicing Standard, and provide its written recommendation and analysis to the Special Servicer as to whether
or not to waive any right to accelerate payment the lender may have, or grant its consent, under the due-on-sale or due-on-encumbrance
provision of such Serviced Loan (with any such recommended course of action to be subject to the Special Servicer’s consent).

 

Both
the Master Servicer and the Special Servicer (as applicable in accordance with the first paragraph of this Section
3.09(a)) each in a manner consistent with the Servicing Standard and each on behalf of the Trustee as the mortgagee of
record, shall, to the extent permitted by applicable law, enforce the restrictions contained in the related Loan Documents on
transfers or further encumbrances of the related Mortgaged Property and on transfers or further encumbrances of interests in
the related Mortgagor, unless following receipt of a request for a waiver or consent in respect of a due-on-sale or
due-on-encumbrance provision the Master Servicer (to the extent that it is processing such request pursuant to the first
paragraph of this Section 3.09(a), with the written consent of the Special Servicer, which consent shall be deemed
given if not denied within 15 Business Days (or, with respect to a Serviced Loan Combination, such longer period as required
by the related Co-Lender Agreement, but in no event less than 5 Business Days after the time period set forth in such
Co-Lender Agreement for review by any related Serviced Companion Loan Holder or its Companion Loan Holder Representative)
after the Special Servicer’s receipt (unless earlier objected to) of the written recommendation and analysis of the
Master Servicer for such action and any additional information reasonably available to the Master Servicer that the Special
Servicer may reasonably request for the analysis of such request, which recommendation and information may be delivered in an
electronic format reasonably acceptable to the Master Servicer and the Special Servicer) or the Special Servicer, as
applicable, has determined, consistent with the Servicing Standard, that the waiver of such restrictions or granting of
consent would be in accordance with the Servicing Standard. Promptly after the Master Servicer (with the written consent of
the Special Servicer to the extent required pursuant to this Section 3.09(a)) or the Special Servicer, as
applicable, has made any determination to grant a waiver in respect of a due-on-sale or due-on-encumbrance provision, the
Master Servicer or the Special Servicer, as applicable, shall: (1) deliver to the Trustee, the Certificate Administrator,
each other party to this Agreement and, for posting to the Rule 17g-5 Information Provider’s Website pursuant to Section
12.13 of this Agreement, the Rule 17g-5 Information Provider an Officer’s Certificate setting forth the basis for
such determination; provided that, notwithstanding anything herein to the contrary, no such Officer’s Certificate shall
be required to be delivered if the Master Servicer or Special Servicer, as applicable, is granting consent to an assumption
pursuant to this Section 3.09(a) in accordance with the terms of the related Loan Documents and there is no

 

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material
waiver of any conditions or any other provisions of the related Loan Documents with respect thereto; and (2) close the related
transaction, subject to the consent of the Special Servicer obtained as described above (if the Master Servicer is processing
such request) and to the consent rights of any applicable Directing Holder and/or the consultation rights of any applicable Consulting
Party (to the extent any such Directing Holder or Consulting Party has consent or consultation rights, as applicable, pursuant
to any related Co-Lender Agreement or pursuant to Section 3.29, Section 6.09, Section 3.24 or this Section
3.09(a), as applicable), and subject to Sections 3.09(b), 3.21, 3.24, 3.25 and Section 3.28;
provided, however, that neither the Master Servicer nor the Special Servicer shall enter into any such agreement
to the extent that any terms thereof would result in (i) the imposition of a tax on a Trust REMIC under the REMIC Provisions or
cause any Trust REMIC to fail to qualify as a REMIC or cause the Grantor Trust to fail to qualify as a grantor trust under subpart
E, part I of subchapter J of the Code for federal income tax purposes at any time that any Certificate is outstanding or (ii)
create any lien on a Mortgaged Property that is senior to, or on parity with, the lien of the related Mortgage.

 

With
respect to all Serviced Mortgage Loans and each Serviced Loan Combination, the Special Servicer shall, prior to consenting to
a proposed action of the Master Servicer pursuant to this Section 3.09 that constitutes a Major Decision, and prior to
itself taking such an action, obtain the written consent of any applicable Directing Holder, which consent shall be deemed given
ten (10) Business Days after receipt (unless earlier objected to) by such related Directing Holder of the Major Decision Reporting
Package for such action, which recommendation and information may be delivered in an electronic format reasonably acceptable to
the related Directing Holder and the Master Servicer or the Special Servicer, as applicable.

 

In
addition, neither the Master Servicer nor the Special Servicer may waive the rights of the lender or grant its consent under
any “due-on-encumbrance” provision unless (1) the Master Servicer or the Special Servicer, as applicable (in each
case, if it is the party processing the related request pursuant to this Section 3.09(a)), shall have received a prior
written Rating Agency Confirmation with respect to such action, or (2) the affected Serviced Mortgage Loan (including a
Serviced Mortgage Loan related to a Serviced Loan Combination) (A) represents less than 2% of the aggregate principal balance
of all of the Mortgage Loans in the Trust Fund, (B) has a principal balance that is equal to or less than $35,000,000, (C)
has a Loan-to-Value Ratio equal to or less than 85% (including any existing and proposed debt), (D) has a Debt Service
Coverage Ratio equal to or greater than 1.20x (in each case, determined based upon the aggregate of the Stated Principal
Balance of the Serviced Mortgage Loan, any related Serviced Companion Loan (if applicable) and the principal amount of the
proposed additional lien) and (E) is not one of the 10 largest Mortgage Loans (considering any Cross-Collateralized Group as
a single Mortgage Loan) in the Mortgage Pool based on principal balance or (3) the affected Serviced Mortgage Loan (including
a Serviced Mortgage Loan related to a Serviced Loan Combination) has a principal balance less than $10,000,000; provided
that, for the avoidance of doubt, notwithstanding any provision contained in the related Loan Documents to the contrary, no
Rating Agency Confirmation shall be required in connection with such waiver or grant of consent under any
“due-on-encumbrance” provision if the affected Serviced Mortgage Loan satisfies the conditions set forth in
clause (2) or clause (3) above of this sentence.

 

Further,
neither the Master Servicer nor the Special Servicer may waive the rights of the lender or grant its consent under any “due-on-sale”
provision unless (1) the Master Servicer

 

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or
the Special Servicer, as applicable (in each case, if it is the party processing the related request pursuant to this Section
3.09(a)), shall have received a prior written Rating Agency Confirmation with respect to such action, or (2) the affected
Serviced Mortgage Loan (including a Serviced Mortgage Loan related to a Serviced Loan Combination) (A) represents less than 5%
of the principal balance of all of the Mortgage Loans in the Trust Fund, (B) has a principal balance that is equal to or less
than $35,000,000 and (C) is not one of the 10 largest Mortgage Loans (considering any Cross-Collateralized Group as a single Mortgage
Loan) in the Mortgage Pool based on principal balance or (3) the affected Serviced Mortgage Loan (including a Serviced Mortgage
Loan related to a Serviced Loan Combination) has a principal balance less than $10,000,000; provided that, for the
avoidance of doubt, notwithstanding any provision contained in the related Loan Documents to the contrary, no Rating Agency Confirmation
shall be required in connection with such waiver or grant of consent under any “due-on-sale” provision if the affected
Serviced Mortgage Loan satisfies the conditions set forth in clause (2) or clause (3) above of this sentence. For the purposes
of this Agreement, due-on-sale provisions shall include, without limitation, sales or transfers of Mortgaged Properties, in full
or in part, or the sale, transfer, pledge or hypothecation of direct or indirect interests in any Mortgagor or its owner, in each
case to the extent not permitted under the related Loan Documents, and due-on-encumbrance provisions shall include, without limitation,
any mezzanine/subordinate financing of any Mortgagor or any Mortgaged Property or any sale or transfer of preferred equity in
any Mortgagor or its owners, in each case to the extent not permitted under the related Loan Documents.

 

The
Master Servicer or the Special Servicer, as applicable (in each case, if it is the party processing the related request pursuant
to this Section 3.09(a)), shall notify in writing the Trustee, the Certificate Administrator, the Special Servicer or the
Master Servicer, as applicable, the Controlling Class Representative (prior to the occurrence and continuance of a Consultation
Termination Event), the Operating Advisor, each Risk Retention Consultation Party (other than with respect to any related Excluded
RRCP Mortgage Loan), the Rule 17g-5 Information Provider (for posting to the Rule 17g-5 Information Provider’s Website pursuant
to Section 12.13 of this Agreement) and, with respect to a Serviced Loan Combination, each related Serviced Companion Loan
Holder, of any assumption or substitution agreement executed pursuant to this Section 3.09(a) and shall forward thereto
a copy of such agreement, and shall also deliver to the Certificate Administrator (or a Custodian appointed by it) an original
of the recorded agreement relating to such assumption or substitution within 15 Business Days following the execution and receipt
thereof by the Master Servicer or the Special Servicer, as applicable.

 

In
connection with any request for a Rating Agency Confirmation from a Rating Agency pursuant to this Section 3.09(a), the
Master Servicer or the Special Servicer, as applicable (in each case, if it is the party processing the related request pursuant
to the first paragraph of this Section 3.09(a)), shall deliver a Review Package to the Rule 17g-5 Information Provider
for posting to the Rule 17g-5 Information Provider’s Website in accordance with Section 12.13 of this Agreement.

 

Further,
subject to the terms of the related Loan Documents and applicable law, the Master Servicer or the Special Servicer, as applicable
(in each case, if it is the party processing the related request pursuant to this Section 3.09(a)), shall use reasonable
efforts to cause all costs in connection with any assumption or encumbrance, including any arising from seeking a Rating Agency
Confirmation, to be paid by the related Mortgagor. To the extent not collected from the

 

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related
Mortgagor after the use of such efforts, any rating agency charges in connection with the foregoing shall be paid by the Master
Servicer as a Property Advance (or as an Additional Trust Fund Expense if such Property Advance would be a Nonrecoverable Advance).

 

To
the extent not prohibited by the applicable Loan Documents and applicable law, the Master Servicer or Special Servicer, as applicable,
may charge the related Mortgagor a fee in connection with any enforcement or waiver contemplated in this subsection (a);
provided that any such fee shall be applied as if it were a Modification Fee and/or Assumption Fee, as applicable, pursuant
to the terms of this Agreement.

 

(b)          Nothing in this Section 3.09 shall constitute a waiver of the Trustee’s right, as the mortgagee of record, to receive
notice of any assumption of a Mortgage Loan, any sale or other transfer of the related Mortgaged Property or the creation of any
lien or other encumbrance with respect to such Mortgaged Property.

 

(c)          In connection with the taking of, or the failure to take, any action pursuant to this Section 3.09, neither the Master
Servicer nor the Special Servicer shall agree to modify, waive or amend, and no assumption or substitution agreement entered into
pursuant to Section 3.09(a) of this Agreement shall contain any terms that are different from, any term of any Mortgage
Loan or Serviced Companion Loan or the related Note, other than pursuant to Section 3.24 of this Agreement.

 

(d)          With respect to any Serviced Mortgage Loan or Serviced Loan Combination which permits release of Mortgaged Properties through
defeasance, and to the extent consistent with the terms of the related Loan Documents:

 

(i)           Subject to the consent rights of the Special Servicer and the Directing Holder and the process set forth in Sections 3.24
and 6.09 with respect to Major Decisions and Special Servicer Decisions (provided that such consent rights of the Special
Servicer and/or the Directing Holder shall be subject to the limitations set forth in Section 3.09(e)), the Master Servicer
shall process all defeasances of Serviced Mortgage Loans and Serviced Loan Combinations in accordance with the terms of the related
Loan Documents, and shall be entitled to any defeasance fees paid relating thereto (provided that for the avoidance of doubt,
any such defeasance fee shall not include the Special Servicer’s portion of any Modification Fees or waiver fees in connection
with a defeasance to which the Special Servicer is entitled under this Agreement).

 

(ii)          In the event such Serviced Mortgage Loan or Serviced Loan Combination requires that the Master Servicer on behalf of the Trustee
purchase the required “government securities” within the meaning of Section 2(a)(16) of the Investment Company Act
of 1940, or any other securities that comply with Treasury Regulations Section 1.860G-2(a)(8)(ii), the Master Servicer, an accommodation
Mortgagor pursuant to clause (v) below or the Mortgagor shall, at the Mortgagor’s expense (to the extent consistent with
the related Loan Documents), purchase or cause the purchase of such obligations in accordance with the terms of such Mortgage
Loan or Serviced Loan Combination and deliver to the Master Servicer, in the case of the Mortgagor, or in the case of the Master
Servicer, hold the same on behalf of the Trust Fund and, if applicable, the

 

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related
Serviced Companion Loan Holder; provided that, subject to the related Loan Documents, the Master Servicer shall not accept
the amounts paid by the related Mortgagor to effect defeasance until acceptable “government securities” within the
meaning of Section 2(a)(16) of the Investment Company Act of 1940, or any other securities that comply with Treasury Regulations
Section 1.860G-2(a)(8)(ii) have been identified, in each case which are acceptable as defeasance collateral under the then most
recently published current guidelines of the Rating Agencies. Notwithstanding the foregoing, with respect to each of the Mortgage
Loans identified on Exhibit Q to this Agreement (each, a “Retained Defeasance Rights and Obligations Mortgage
Loan” and, collectively, the “Retained Defeasance Rights and Obligations Mortgage Loans”), the related
Mortgage Loan Seller or originator has transferred to a third party or has retained the right to establish or designate the successor
borrower and/or to purchase or cause to be purchased the related defeasance collateral (“Retained Defeasance Rights and
Obligations”). In the event the Master Servicer receives notice of a defeasance request with respect to a Mortgage Loan
that provides for Retained Defeasance Rights and Obligations in the related Loan Documents, the Master Servicer shall provide,
within five (5) business days of receipt of such notice, written notice of such defeasance request to the related Mortgage Loan
Seller (or such other party specified below) or to the related Mortgage Loan Seller’s assignee. Until such time as CREFI
provides written notice to the contrary, the notice of a defeasance of a Mortgage Loan with Retained Defeasance Rights and Obligations
as to which CREFI is the related Mortgage Loan Seller shall be delivered to richard.simpson@citi.com and ana.rosu@citi.com.
Until such time as GACC provides written notice to the contrary, the notice of a defeasance of a Mortgage Loan with Retained Defeasance
Rights and Obligations as to which GACC is the related Mortgage Loan Seller shall be delivered to German American Capital Corporation,
1 Columbus Circle, New York, New York 10019, Attention: Lainie Kaye, with a copy by electronic mail to cmbs.requests@db.com.
Until such time as GSMC provides written notice to the contrary, the notice of a defeasance of a Mortgage Loan with Retained Defeasance
Rights and Obligations as to which GSMC is the related Mortgage Loan Seller shall be delivered to Goldman Sachs Mortgage Company, 200
West Street, New York, New York 10282, Attention: Leah Nivison, email: leah.nivison@gs.com and gs-refgsecuritization@gs.com, with
a copy to Structured Finance Legal (REFG), email: gs-refglegal@gs.com.

 

(iii)         The Master Servicer shall require, to the extent the related Loan Documents grant the mortgagee discretion to so require, delivery
of an Opinion of Counsel (which shall be an expense of the related Mortgagor to the extent consistent with the related Loan Documents)
to the effect that the Trustee on behalf of the Certificateholders and the Uncertificated VRR Interest Owners has a first priority
security interest in the defeasance deposit and the “government securities” within the meaning of Section 2(a)(16)
of the Investment Company Act of 1940, or any other securities that comply with Treasury Regulations Section 1.860G-2(a)(8)(ii),
and the assignment thereof is valid and enforceable; such opinion, together with any other certificates or documents to be required
in connection with such defeasance shall be in form and substance acceptable to the Master Servicer.

 

(iv)         The Master Servicer shall obtain, to the extent the related Loan Documents grant the mortgagee discretion to so obtain, a certificate
(which shall be an

 

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expense
of the related Mortgagor to the extent consistent with the related Loan Documents) from an Independent certified public accountant
certifying that the “government securities” within the meaning of Section 2(a)(16) of the Investment Company Act of
1940, or any other securities that comply with Treasury Regulations Section 1.860G-2(a)(8)(ii), comply with the requirements of
the related Loan Agreement or Mortgage.

 

(v)         To the extent consistent with the related Loan Documents, prior to permitting release of any Mortgaged Properties through defeasance,
the Master Servicer shall (at the Mortgagor’s expense) obtain a Rating Agency Confirmation; provided that the Master Servicer
shall not be required to obtain such Rating Agency Confirmation from any Rating Agency to the extent that the Master Servicer
has delivered a defeasance certificate to such Rating Agency substantially in the form of Exhibit DD to this Agreement
for any Mortgage Loan that, at the time of such defeasance, is (x) not one of the ten largest Mortgage Loans by Stated Principal
Balance, (y) a Mortgage Loan with a Stated Principal Balance equal to or less than $35,000,000 and (z) a Mortgage Loan that represents
less than 5% of the Stated Principal Balance of all Mortgage Loans.

 

(vi)        If the Mortgage Loan or Serviced Loan Combination permits the related Mortgagor or the lender or its designee to cause an accommodation
Mortgagor to assume such defeased obligations, the Master Servicer shall, or shall cause the Mortgagor to, establish at the Mortgagor’s
cost and expense (and shall use efforts consistent with the Servicing Standard to cause the related Mortgagor to consent to such
assumption) a special purpose bankruptcy-remote entity to assume such obligations, as to which the Trustee and the Certificate
Administrator has received a Rating Agency Confirmation (if such confirmation is required pursuant to the then most recently published
guidelines of the Rating Agencies).

 

(vii)       To the extent consistent with the related Loan Documents, the Master Servicer shall require the related Mortgagor to pay all costs
and expenses incurred in connection with the defeasance of the related Mortgage Loan or Serviced Loan Combination. In the event
that the Mortgagor is not required to pay any such costs and expenses under the terms of the Loan Documents, such costs and expenses
shall be Additional Trust Fund Expenses.

 

(viii)      In no event shall the Master Servicer have liability to any party hereto or beneficiary hereof for obtaining a Rating Agency Confirmation
(or conditioning approval of defeasance on the delivery of a Rating Agency Confirmation) or for imposing conditions to approval
of a defeasance on the satisfaction of conditions that are consistent with the Servicing Standard but are not required under Rating
Agency guidelines (provided that this shall not protect the Master Servicer from any liability that may be imposed as a
result of the violation of applicable law or the Loan Documents).

 

(ix)         The Master Servicer may accept as defeasance collateral any “government security,” within the meaning of Treasury
Regulation’s Section 1.860G-(2)(a)(8)(ii), notwithstanding any more restrictive requirements in the Loan Documents; provided,
that the Master Servicer has received an Opinion of Counsel that acceptance of such defeasance collateral will not endanger the
status of any Trust

 

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REMIC
as a REMIC or result in the imposition of a tax upon any Trust REMIC or the Trust Fund (including but not limited to the tax on
“prohibited transactions” as defined in Section 860F(a)(2) of the Code and the tax on contributions to a REMIC set
forth in Section 860G(d) of the Code, but not including the tax on “net income from foreclosure property” as set forth
in Section 860G(c) of the Code).

 

(e)           Notwithstanding
any other provision of this Agreement, without any other approval or consent of the Special Servicer or the Directing Holder,
the Master Servicer (for Performing Serviced Loans) or the Special Servicer (for Specially Serviced Loans) may grant
and process a Mortgagor’s request for consent (i) to subject the related Mortgaged Property to an immaterial easement,
right of way or similar agreement for utilities, access, parking, public improvements or another purpose (and may consent to
subordination of the related Serviced Loan to such easement, right of way or similar agreement) and (ii) to the release,
substitution or addition of collateral securing any Serviced Loan in connection with a defeasance of such collateral
(provided that the proposed defeasance collateral is of a type permitted under the related Loan Documents and provided
further that, with respect to the Master Servicer, such defeasance does not require any modification, waiver, consent or
amendment of such documents as described in clauses (e)(i) and (ii) of the definition of “Special
Servicer Decision”); provided that in each case, the Master Servicer or Special Servicer, as applicable, (A)
shall have determined in accordance with the Servicing Standard that such action will not materially and adversely affect the
operation or value of such Mortgaged Property or the Trust Fund’s interest in the Mortgaged Property, (B) shall have
determined that such action will not cause either Trust REMIC to fail to qualify as a REMIC at any time that any Certificates
are outstanding and (C) in the case of any action described in clause (ii) above, shall have complied with the
provisions of Section 3.09(d) (other than the requirement to obtain the consent of the Special Servicer and/or the
Directing Holder as contemplated by Section 3.09(d)(i)). The Master Servicer or the Special Servicer may rely on an
Opinion of Counsel in making any such determination.

 

Section
3.10    Appraisal Reductions; Calculation and Allocation of Collateral Deficiency Amounts; Realization Upon Defaulted Loans.

 

(a)           Promptly upon knowledge of the occurrence of an Appraisal Reduction Event with respect to a Serviced Loan, the Special Servicer
shall use reasonable efforts to (i) obtain an updated Appraisal of the related Mortgaged Property, the costs of which shall be
advanced by, and reimbursable to, the Master Servicer as a Property Advance (or shall be an expense of the Trust Fund and paid
by the Master Servicer out of the Collection Account if such Property Advance would be a Nonrecoverable Advance) or (ii) conduct
an internal valuation if the related Serviced Mortgage Loan (considering any Cross-Collateralized Group as a single Mortgage Loan)
or Serviced Loan Combination has an outstanding principal balance of less than $2,000,000 (provided that the Special Servicer
may, in its sole discretion in accordance with the Servicing Standard, obtain an updated Appraisal of the related Mortgaged Property
as contemplated by the preceding clause (i)); provided, however, that the Special Servicer shall not be required
to obtain an updated Appraisal or conduct an internal valuation of any Mortgaged Property with respect to which there exists an
Appraisal which is less than nine (9) months old unless the Special Servicer determines in accordance with the Servicing Standard
that such previously obtained Appraisal is materially inaccurate. With respect to any Serviced Loan for which an Appraisal Reduction
Event has occurred and still exists, the Special Servicer shall obtain annual letter updates to any updated

 

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Appraisal.
Any Appraisal prepared in order to determine the Appraisal Reduction Amount with respect to a Serviced Loan Combination shall
be delivered by the Special Servicer, upon request, to each related Serviced Companion Loan Holder.

 

As
of the first Determination Date following a Serviced Mortgage Loan becoming an AB Modified Loan, the Special Servicer shall calculate
whether a Collateral Deficiency Amount exists with respect to such AB Modified Loan, taking into account the most recent Appraisal
obtained (or, if applicable, internal valuation performed) by the Special Servicer with respect to such Serviced Mortgage Loan,
and all other information relevant to a Collateral Deficiency Amount determination. The Master Servicer shall provide (via electronic
delivery) the Special Servicer with information in its possession that is reasonably required to calculate or recalculate any
Collateral Deficiency Amount pursuant to the definition thereof using reasonable efforts to deliver such information within four
(4) Business Days of the Special Servicer’s reasonable written request. Upon obtaining actual knowledge or receipt of notice
by the Special Servicer that an Outside Serviced Mortgage Loan has become an AB Modified Loan, the Special Servicer shall (i)
promptly request from the related Outside Servicer, Outside Special Servicer and Outside Trustee the most recent appraisal with
respect to such AB Modified Loan, in addition to all other information reasonably required by the Special Servicer to calculate
whether a Collateral Deficiency Amount exists with respect to such AB Modified Loan, and (ii) as of the first Determination Date
following receipt by the Special Servicer of the appraisal and any other information set forth in the immediately preceding clause
(i) that the Special Servicer reasonably expects to receive (and does receive within a reasonable period of time) and reasonably
believes is necessary to perform such calculation, calculate whether a Collateral Deficiency Amount exists with respect to such
AB Modified Loan, taking into account the most recent appraisal obtained by the Special Servicer from the Outside Servicer, Outside
Special Servicer or Outside Trustee, as the case may be, with respect to such Outside Serviced Mortgage Loan, and all other information
relevant to a Collateral Deficiency Amount determination. In connection with its calculation of a Collateral Deficiency Amount
with respect to an Outside Serviced Mortgage Loan that has become an AB Modified Loan, the Special Servicer shall be entitled
to conclusively rely on any appraisal or other information received from the related Outside Servicer, Outside Special Servicer
or Outside Trustee. The Special Servicer shall notify the Master Servicer and the Certificate Administrator of any Collateral
Deficiency Amount calculated by the Special Servicer with respect to an Outside Serviced Mortgage Loan that has become an AB Modified
Loan. The Master Servicer and the Certificate Administrator shall be entitled to conclusively rely on any Collateral Deficiency
Amounts calculated by the Special Servicer with respect to an Outside Serviced Mortgage Loan. Upon any other party to this Agreement
obtaining knowledge or receipt of notice that an Outside Serviced Mortgage Loan has become an AB Modified Loan, such party shall
promptly notify the Special Servicer thereof. None of the Trustee, the Certificate Administrator or the Master Servicer shall
calculate or verify any Collateral Deficiency Amount.

 

The
Certificate Balance of each Class of applicable Principal Balance Certificates shall be notionally reduced (for purposes of determining
the identity of the Non-Reduced Certificates and the Controlling Class, as well as the occurrence of a Control Termination Event,
and, to the extent expressly set forth herein, for purposes of allocating and/or exercising Voting Rights in connection with certain
circumstances involving the termination of certain parties hereto) as of any date of determination to the extent of the Appraisal
Reduction Amount(s) allocated to such Class on the preceding Distribution Date. An amount equal to the Vertically Retained

 

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Percentage
of the aggregate Appraisal Reduction Amount allocated to, or in respect of, the Mortgage Loans for any Distribution Date shall
be applied to notionally reduce (to not less than zero) the Combined VRR Interest Balance of the Combined VRR Interest (which
amount shall, in turn, be applied to notionally reduce (to not less than zero) the Certificate Balance of the Class VRR Certificates
and the respective Uncertificated VRR Interest Portion Balances of the Uncertificated VRR Interest Portions, pro rata,
based on the respective then-outstanding amounts of such Certificate Balance and Uncertificated VRR Interest Portion Balances).
The Non-Vertically Retained Percentage of the aggregate Appraisal Reduction Amount allocated to, or in respect of, the Mortgage
Loans for any Distribution Date shall be applied to notionally reduce the Certificate Balances of the following Classes of Non-Vertically
Retained Principal Balance Certificates in the following order of priority: first, to the Class J Certificates; second,
to the Class H Certificates; third, to the Class G Certificates; fourth, to the Class F Certificates; fifth,
to the Class E Certificates; sixth, to the Class D Certificates; seventh, to the Class C Certificates; eighth,
to the Class B Certificates; ninth, to the Class A-S Certificates; and finally, pro rata to the (i) Class A-1 Certificates,
(ii) Class A-2 Certificates, (iii) Class A-3-1 Certificates, (iv) Class A-3-2 Certificates, (v) Class A-4-1 Certificates, (vi)
Class A-4-2 Certificates, (vii) Class A-5 Certificates and (viii) Class A-SB Certificates, based on their respective Certificate
Balances (provided in each case that no Certificate Balance in respect of any such Class may be notionally reduced below zero).
In addition, as of any date of determination for purposes of determining the Controlling Class or the occurrence of a Control
Termination Event, and after taking into account the allocations contemplated by the prior sentence, the Non-Vertically Retained
Percentage of Collateral Deficiency Amounts shall be applied to notionally reduce the Certificate Balances of each Class of the
Control Eligible Certificates in the following order of priority (in each case after taking into account any Appraisal Reduction
Amounts allocated thereto): first, to the Class J Certificates; second, to the Class H Certificates; third,
to the Class G Certificates; and fourth, to the Class F Certificates (provided in each case that no Certificate Balance
in respect of any such Class may be notionally reduced below zero). For the avoidance of doubt, for purposes of determining the
Controlling Class or the occurrence of a Control Termination Event, any Class of Control Eligible Certificates shall be allocated
the Non-Vertically Retained Percentage of both applicable Appraisal Reduction Amounts and applicable Collateral Deficiency Amounts,
in accordance with the preceding two sentences.

 

With
respect to any Appraisal Reduction Amount calculated for the purposes of determining the Non-Reduced Certificates or, to the extent
expressly set forth herein, for the purposes of allocating and/or exercising Voting Rights in connection with certain circumstances
involving the termination of certain parties hereto, and with respect to any Appraisal Reduction Amount or Collateral Deficiency
Amount calculated for purposes of determining the Controlling Class, or the occurrence of a Control Termination Event, the appraised
value of the related Mortgaged Property shall be determined on an “as-is” basis.

 

The
Special Servicer shall promptly notify the Master Servicer, the Controlling Class Representative (for so long as the Controlling
Class Representative is the applicable Directing Holder or Consulting Party), the Operating Advisor and the Certificate Administrator
of the determination and any redetermination of (i) any Appraisal Reduction Amount, (ii) any Collateral Deficiency Amount, and
(iii) any resulting Cumulative Appraisal Reduction Amount by providing such information in the CREFC® Appraisal
Reduction Template or in a format mutually agreeable to both the Special Servicer and the recipient, and the Certificate Administrator
shall

 

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promptly
post notice of the determination of any such Appraisal Reduction Amount, Collateral Deficiency Amount and/or Cumulative Appraisal
Reduction Amount, as applicable, including such CREFC® Appraisal Reduction Template, on the Certificate Administrator’s
Website.

 

Any
Appraisal Reduction Amounts with respect to each Serviced Loan Combination shall be allocated, first, to any related Serviced
Subordinate Companion Loan(s) (up to the outstanding principal balance(s) thereof), and then, to the related Serviced Mortgage
Loan and any related Serviced Pari Passu Companion Loan(s), on a pro rata and pari passu basis in accordance with the respective
outstanding principal balances of such related Serviced Mortgage Loan and the related Serviced Pari Passu Companion Loan(s). Notwithstanding
the foregoing, if so provided in the related Co-Lender Agreement, the holder of a Serviced Subordinate Companion Loan may be permitted
to post cash or a letter of credit to offset all or some portion of an Appraisal Reduction Amount.

 

The
Holders of the majority (by Certificate Balance) of an Appraised-Out Class shall have the right, at their sole expense, to require
the Special Servicer to order a second Appraisal of the Mortgaged Property securing any Serviced Loan as to which there exists
an Appraisal Reduction Amount or a Collateral Deficiency Amount (such Holders, the “Requesting Holders”). The
Special Servicer shall use its reasonable efforts to cause such Appraisal to be (i) delivered within 30 days from receipt of the
Requesting Holders’ written request and (ii) prepared on an “as-is” basis by an Appraiser in accordance with
MAI standards. Upon receipt of such second Appraisal, the Special Servicer shall determine, in accordance with the Servicing Standard,
whether, based on its assessment of such second Appraisal, any recalculation of the applicable Appraisal Reduction Amount or Collateral
Deficiency Amount is warranted and, if so warranted, the Special Servicer shall recalculate such Appraisal Reduction Amount or
Collateral Deficiency Amount, as applicable, based upon such second Appraisal and receipt of information reasonably requested
by the Special Servicer from the Master Servicer and reasonably required to calculate or recalculate the Appraisal Reduction Amount
or Collateral Deficiency Amount, as applicable. The Special Servicer shall promptly deliver notice to the Certificate Administrator
and the Master Servicer of any such determination and recalculation of Appraisal Reduction Amount or Collateral Deficiency Amount,
as applicable, and the Certificate Administrator shall promptly post such notice to the Certificate Administrator’s Website.
If required by any such recalculation, the applicable Appraised-Out Class shall be reinstated as the Controlling Class and each
other affected Class of Principal Balance Certificates and each affected Uncertificated VRR Interest Portion will, if applicable,
have its related Certificate Balance or Uncertificated VRR Interest Portion Balance, as applicable, notionally restored to the
extent required by such recalculation of the Appraisal Reduction Amount or Collateral Deficiency Amount, as applicable.

 

Any
Appraised-Out Class as to which one or more Holders are Requesting Holders challenging the Special Servicer’s Appraisal
Reduction Amount or Collateral Deficiency Amount determination may not exercise any direction, control, consent and/or similar
rights of the Controlling Class until such time, if any, as such Class is reinstated as the Controlling Class and no Control Termination
Event exists, and the rights of the Controlling Class shall be exercised by the most subordinate Class of Control Eligible Certificates
that is not an Appraised-Out Class, if any, during such period.

 

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Appraisals
that are to be obtained by the Special Servicer at the request of, Holders of an Appraised-Out Class shall be in addition to any
Appraisals that the Special Servicer may otherwise be required to obtain in accordance with the Servicing Standard or this Agreement
without regard to any appraisal requests made by any Holder of an Appraised-Out Class.

 

(b)          In connection with any foreclosure, enforcement of the Loan Documents or other acquisition, the Master Servicer in accordance
with Section 3.20 of this Agreement shall pay the out-of-pocket costs and expenses in any such proceedings as a Property
Advance unless the Master Servicer determines, in accordance with the Servicing Standard, that such Advance would constitute a
Nonrecoverable Advance (in which case such costs shall be an expense of the Trust Fund and paid by the Master Servicer out of
the Collection Account). The Master Servicer shall be entitled to reimbursement of Advances (with interest at the Advance Rate)
made pursuant to the preceding sentence to the extent permitted by Section 3.06(a)(ii) of this Agreement.

 

Subject
to Section 3.21 of this Agreement, if the Special Servicer elects to proceed with a non-judicial foreclosure in accordance
with the laws of the state where the Mortgaged Property is located, the Special Servicer shall not be required to pursue a deficiency
judgment against the related Mortgagor or any other liable party if the laws of the state do not permit such a deficiency judgment
after a non-judicial foreclosure or if the Special Servicer determines, in accordance with the Servicing Standard, that the likely
recovery if a deficiency judgment is obtained will not be sufficient to warrant the cost, time, expense and/or exposure of pursuing
the deficiency judgment and such determination is evidenced by an Officer’s Certificate delivered to the Trustee, the Certificate
Administrator, any applicable Directing Holder and any applicable Consulting Party.

 

In
the event that title to any Mortgaged Property (other than any Mortgaged Property related to an Outside Serviced Mortgage Loan)
is acquired in foreclosure or by deed-in-lieu of foreclosure, the deed or certificate of sale shall be issued to the Trustee,
to a co-trustee or to its nominee (which shall not include the Master Servicer but may be a single member limited liability company
owned by the Trust and managed by the Special Servicer) or a separate trustee or co-trustee on behalf of the Trustee as holder
of the Lower-Tier Regular Interests on behalf of the Holders of the Certificates, the Uncertificated VRR Interest Owners and,
if applicable, and the related Serviced Companion Loan Holders. Notwithstanding any such acquisition of title and cancellation
of the related Serviced Mortgage Loan, the related Serviced Mortgage Loan shall (except for purposes of Section 9.01) be
considered to be an REO Mortgage Loan held in the Trust Fund until such time as the related REO Property shall be sold by the
Trust Fund and shall be reduced only by collections net of expenses.

 

(c)           Notwithstanding any provision to the contrary, the Special Servicer shall not acquire for the benefit of the Trust Fund any personal
property pursuant to this Section 3.10 unless either:

 

(i)           such personal property is (in the good faith judgment of the Special Servicer) incident to real property (within the meaning of
Code Section 856(e)(1)) so acquired by the Special Servicer for the benefit of the Trust Fund; or

 

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(ii)          the Special Servicer shall have requested and received an Opinion of Counsel (which opinion shall be an expense of the Trust Fund)
to the effect that the holding of such personal property by the Trust Fund will not cause the imposition of a tax on a Trust REMIC
under the REMIC Provisions or cause any Trust REMIC to fail to qualify as a REMIC for federal income tax purposes or cause the
Grantor Trust to fail to qualify as a grantor trust for federal income tax purposes at any time that any Certificate is outstanding.

 

(d)          Notwithstanding any provision to the contrary in this Agreement, neither the Special Servicer nor the Master Servicer shall, on
behalf of the Trust Fund or, if applicable, the related Serviced Companion Loan Holder, obtain title to any direct or indirect
partnership or membership interest or other equity interest in any Mortgagor pledged pursuant to any pledge agreement, unless
the Master Servicer or the Special Servicer shall have requested and received an Opinion of Counsel (which opinion shall be an
expense of the Trust Fund) to the effect that the holding of such partnership or membership interest or other equity interest
by the Trust Fund will not cause the imposition of a tax on a Trust REMIC under the REMIC Provisions or cause any Trust REMIC
to fail to qualify as a REMIC for federal income tax purposes or cause the Grantor Trust to fail to qualify as a grantor trust
for federal income tax purposes at any time that any Certificate is outstanding.

 

(e)           Notwithstanding any provision to the contrary contained in this Agreement, the Special Servicer shall not, on behalf of the Trust
Fund or, if applicable, the related Serviced Companion Loan Holders, obtain title to a Mortgaged Property as a result of foreclosure
or by deed-in-lieu of foreclosure or otherwise, obtain title to any direct or indirect partnership or membership interest in any
Mortgagor pledged pursuant to a pledge agreement and thereby be the beneficial owner of a Mortgaged Property, and shall not otherwise
acquire possession of, or take any other action with respect to, any Mortgaged Property if, as a result of any such action, the
Custodian, the Trustee, the Certificate Administrator, the Trust Fund, the Certificateholders, the Uncertificated VRR Interest
Owners or, if applicable, the related Serviced Companion Loan Holders, would be considered to hold title to, or be a “mortgagee-in-possession”
of, or to be an “owner” or “operator” of such Mortgaged Property within the meaning of the Comprehensive
Environmental Response, Compensation and Liability Act of 1980, as amended from time to time, or any comparable law, unless the
Special Servicer has previously determined in accordance with the Servicing Standard, based on an updated environmental assessment
report prepared by an Independent Person who regularly conducts environmental audits, that:

 

(i)           such Mortgaged Property is in compliance with applicable environmental laws or, if not, after consultation with an environmental
consultant, that it would be in the best economic interest of the Trust Fund and any related Serviced Companion Loan Holder (as
a collective whole) to take such actions as are necessary to bring such Mortgaged Property in compliance therewith; and

 

(ii)          there are no circumstances present at such Mortgaged Property relating to the use, management or disposal of any Hazardous Materials
for which investigation, testing, monitoring, containment, clean-up or remediation could be required under any currently effective
federal, state or local law or regulation, or that, if any such Hazardous Materials are present for which such action could be
required, after consultation

 

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with
an environmental consultant, it would be in the best economic interest of the Trust Fund and any related Serviced Companion Loan
Holder(s) (as a collective whole as if the Trust Fund and, if applicable, any related Serviced Companion Loan Holder(s) constituted
a single lender (and, in the case of a Serviced AB Loan Combination, taking into account the subordinate nature of any related
Subordinate Companion Loan(s))) to take such actions with respect to the affected Mortgaged Property as could be required by such
law or regulation.

 

In
the event that the environmental assessment first obtained by the Special Servicer with respect to a Mortgaged Property indicates
that such Mortgaged Property may not be in compliance with applicable environmental laws or that Hazardous Materials may be present
but does not definitively establish such fact, the Special Servicer shall cause such further environmental tests to be conducted
by an Independent Person who regularly conducts such tests as the Special Servicer shall deem prudent to protect the interests
of Certificateholders, the Uncertificated VRR Interest Owners and any related Serviced Companion Loan Holder. Any such tests shall
be deemed part of the environmental assessment obtained by the Special Servicer for purposes of this Section 3.10.

 

In
the event that the Special Servicer seeks to obtain title to a Mortgaged Property on behalf of the Trust Fund and any related
Serviced Companion Loan Holder, the Special Servicer may, in its discretion, establish a single member limited liability company
with the Trust Fund and any related Serviced Companion Loan Holder as the sole owner to hold title to such Mortgaged Property.

 

(f)           The environmental assessment contemplated by Section 3.10(e) of this Agreement shall be prepared within three months of
the determination that such assessment is required by any Independent Person who regularly conducts environmental audits for purchasers
of commercial property where the Mortgaged Property is located, as determined by the Special Servicer in a manner consistent with
the Servicing Standard and, if applicable, any secured creditor impaired property policy issued on or prior to the Closing Date
with respect to any Mortgage Loan (including that the environmental assessment identify any potential pollution conditions (as
defined in the environmental insurance policy) with respect to the related Mortgaged Property). The Master Servicer shall advance
the cost of preparation of such environmental assessments unless the Master Servicer determines, in accordance with the Servicing
Standard, that such Advance would be a Nonrecoverable Advance (in which case such costs shall be an expense of the Trust Fund
and paid by the Master Servicer out of the Collection Account). The Master Servicer shall be entitled to reimbursement of Advances
(with interest at the Advance Rate) made pursuant to the preceding sentence in the manner set forth in Section 3.06 of
this Agreement. Copies of any environmental assessment prepared pursuant to Section 3.10(e) of this Agreement shall be
provided to the Holder of any Principal Balance Certificates and any related Serviced Companion Loan Holder upon written request
to the Special Servicer.

 

(g)          If the Special Servicer determines pursuant to Section 3.10(e)(i) of this Agreement that a Mortgaged Property is not in
compliance with applicable environmental laws, but that it is in the best economic interest of the Trust Fund and any related
Serviced Companion Loan Holder(s), as a collective whole as if the Trust Fund and any related Serviced Companion Loan Holder(s)
constituted a single lender (and, in the case of a Serviced AB Loan Combination,

 

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taking
into account the subordinate nature of any related Subordinate Companion Loan(s)), to take such actions as are necessary to bring
such Mortgaged Property in compliance therewith, or if the Special Servicer determines pursuant to Section 3.10(e)(ii)
of this Agreement that the circumstances referred to therein relating to Hazardous Materials are present, but that it is in the
best economic interest of the Trust Fund and any related Serviced Companion Loan Holder(s), as a collective whole as if the Trust
Fund and any related Serviced Companion Loan Holder(s) constituted a single lender (and, in the case of a Serviced AB Loan Combination,
taking into account the subordinate nature of any related Subordinate Companion Loan(s)), to take such action with respect to
the containment, clean-up or remediation of Hazardous Materials affecting such Mortgaged Property as is required by law or regulation,
then the Special Servicer shall take such action as it deems to be in the best economic interest of the Trust Fund and any related
Serviced Companion Loan Holder(s), as a collective whole as if the Trust Fund and any related Serviced Companion Loan Holder(s)
constituted a single lender (and, in the case of a Serviced AB Loan Combination, taking into account the subordinate nature of
any related Subordinate Companion Loan(s)). The Master Servicer shall pay the cost of any such compliance, containment, clean-up
or remediation from the Collection Account.

 

(h)          The Special Servicer shall notify the Master Servicer of any abandoned and/or foreclosed properties which require reporting to
the IRS and shall provide the Master Servicer with all information regarding forgiveness of indebtedness and required to be reported
with respect to any Mortgage Loan or Serviced Companion Loan which is abandoned or foreclosed and the Master Servicer shall report
to the IRS and the related Mortgagor, in the manner required by applicable law, such information and the Master Servicer shall
report, via IRS Form 1099C, all forgiveness of indebtedness to the extent such information has been provided to the Master Servicer
by the Special Servicer. Upon request, the Master Servicer shall deliver a copy of any such report to the Trustee, the Certificate
Administrator and, if affected, to any related Serviced Companion Loan Holder.

 

Section
3.11 Trustee, Certificate Administrator and Custodian to Cooperate; Release of Mortgage Files. Upon the payment in full
of any Mortgage Loan or Serviced Loan Combination or the receipt by the Master Servicer or the Special Servicer of a notification
that payment in full has been escrowed in a manner customary for such purposes, the Master Servicer or the Special Servicer shall
immediately notify the Trustee, the Certificate Administrator and the Custodian and, if affected, the related Serviced Companion
Loan Holder by delivery of a certification (which certification shall include a statement to the effect that all amounts received
or to be received in connection with such payment which are required to be deposited in the Collection Account pursuant to Section
3.05 of this Agreement have been or will be so deposited) of a Servicing Officer and shall request delivery to it of the Mortgage
File. No expenses incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the
Trust Fund.

 

From
time to time upon request of the Master Servicer or Special Servicer and delivery to the Certificate Administrator of a Request
for Release, the Certificate Administrator (or a Custodian appointed by it) shall promptly release the Mortgage File (or any portion
thereof) designated in such Request for Release to the Master Servicer or Special Servicer, as applicable. Upon return of the
foregoing to the Certificate Administrator (or a Custodian appointed by it) or, in the event of a liquidation or conversion of
the Mortgage Loan or Serviced Loan Combination

 

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into
an REO Property, receipt by the Trustee and the Certificate Administrator of a certificate of a Servicing Officer stating that
such Mortgage Loan or Serviced Loan Combination was liquidated and that all amounts received or to be received in connection with
such liquidation which are required to be deposited into the Collection Account have been so deposited, or that such Mortgage
Loan or Serviced Loan Combination has become an REO Property, the Certificate Administrator shall deliver (or cause any Custodian
appointed by it to deliver) a copy of the Request for Release to the Master Servicer or Special Servicer, as applicable.

 

Within
three (3) Business Days, after receipt of written certification of a Servicing Officer, the Trustee shall execute and deliver
to the Special Servicer any court pleadings, requests for trustee’s sale or other documents prepared by the Special Servicer,
its agents or attorneys and reasonably acceptable to the Trustee, necessary to the foreclosure or trustee’s sale in respect
of a Mortgaged Property or to any legal action brought to obtain judgment against any Mortgagor on the Mortgage Loan or Serviced
Loan Combination, or to obtain a deficiency judgment, or to enforce any other remedies or rights provided by the Loan Documents
or otherwise available at law or in equity. Each such certification shall include a request that such pleadings or documents be
executed by the Trustee and a statement as to the reason such documents or pleadings are required, and that the execution and
delivery thereof by the Trustee will not invalidate or otherwise affect the lien of the Mortgage or other security agreement,
except for the termination of such a lien upon completion of the foreclosure or trustee’s sale.

 

If
from time to time, pursuant to the terms of the Co-Lender Agreement and the applicable Outside Servicing Agreement related to
an Outside Serviced Mortgage Loan, and as appropriate for enforcing the terms of, or otherwise properly servicing, such Outside
Serviced Mortgage Loan, the related Outside Servicer, the related Outside Special Servicer or other similar party requests delivery
to it of the original Note for such Outside Serviced Mortgage Loan, then such party shall deliver a Request for Release in the
form of Exhibit C attached hereto to the Certificate Administrator and the Certificate Administrator shall release (or
cause any Custodian appointed by it to release) such original Note to the requesting party or its designee. In connection with
the release of the original Note for an Outside Serviced Mortgage Loan in accordance with the preceding sentence, the Certificate
Administrator (or a Custodian appointed by it) shall obtain such documentation as is appropriate to evidence the holding by the
related Outside Servicer, the related Outside Special Servicer or such other similar party, as the case may be, of such original
Note as custodian on behalf of and for the benefit of the Trustee.

 

Section
3.12 Servicing Fees, Trustee/Certificate Administrator Fees and Special Servicing Compensation.

 

(a)          As compensation for its activities hereunder, the Master Servicer shall be entitled, with respect to each Mortgage Loan (including
each Mortgage Loan that is a Specially Serviced Loan and each Outside Serviced Mortgage Loan), each REO Mortgage Loan, each Serviced
Companion Loan (including each Serviced Companion Loan that is a Specially Serviced Loan) and each REO Companion Loan that is
included as part of a Serviced Loan Combination and each Interest Accrual Period, to the Servicing Fee, which shall be payable
from amounts on deposit in the Collection Account and/or, in the case of a Serviced Loan Combination or portion thereof, the related
Loan Combination Custodial Account as set forth in Section 3.06(a)(iii) and Section 3.06(a)(vii) and/or Section
3.06A of this Agreement, as applicable. In addition, the Master

 

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Servicer
shall be entitled to receive, as additional servicing compensation (the following items, collectively, “Additional Servicing
Compensation”), (i) 100% of any Excess Modification Fees with respect to a modification, waiver, extension or amendment
of a Performing Serviced Loan (except in connection with any Payment Accommodation) consented to by the Master Servicer pursuant
to Section 3.24 of this Agreement that did not require the approval of the Special Servicer, (ii) 50% of any Excess
Modification Fees with respect to a modification, waiver, extension or amendment of a Performing Serviced Loan (except in connection
with any Payment Accommodation) consented to by the Special Servicer pursuant to Section 3.24 of this Agreement (whether
or not the Special Servicer elects to handle any related processing), (iii) (A) 25% of any Excess Modification Fees in respect
of a Payment Accommodation that is processed by the Special Servicer with respect to a Performing Serviced Loan and (B) 100% of
any Excess Modification Fees in respect of a Payment Accommodation processed by the Master Servicer (with the agreement of the
Special Servicer as described in Section 3.24(a) of this Agreement) with respect to a Performing Serviced Loan, (iv) 100%
of any defeasance fee received in connection with a defeasance of a Serviced Loan as contemplated under Section 3.09 of
this Agreement (provided that for the avoidance of doubt, any such defeasance fee shall not include the Special Servicer’s
portion of any Modification Fees or waiver fees in connection with a defeasance to which the Special Servicer is entitled under
this Agreement), (v) 100% of any Assumption Fees with respect to a Performing Serviced Loan involving a transaction described
in the definition of “Assumption Fees” consented to by the Master Servicer that did not require the approval of the
Special Servicer, (vi) 50% of any Assumption Fees with respect to a Performing Serviced Loan involving a transaction described
in the definition of “Assumption Fees” consented to by the Special Servicer (whether or not the Special Servicer elects
to handle any related processing), (vii) the aggregate Prepayment Interest Excess (exclusive of any portion thereof attributable
to an Outside Serviced Mortgage Loan), but only to the extent such amount is not required to be included in any Compensating Interest
Payment, in each case to the extent received and not required to be deposited or retained in the Collection Account pursuant to
Section 3.05 of this Agreement, and (in the case of a Serviced Companion Loan) to the extent permitted under the related
Co-Lender Agreement, (viii) 100% of Ancillary Fees (other than (A) fees for insufficient or returned checks and (B) beneficiary
statement charges) actually received from Mortgagors in the case of items prepared by the Master Servicer or with respect to the
accounts held by the Master Servicer pursuant to this Agreement or the related Loan Documents, including the Collection Account
or any related subaccount, any Escrow Account or related subaccount, any Loan Combination Custodial Account or related subaccount,
any Lock-Box Account or related subaccount or any reserve account or related subaccount, (ix) 100% of assumption application fees
actually received from Mortgagors on Performing Serviced Loans (if the related assumption was processed by the Master Servicer),
(x) 100% of Consent Fees with respect to a Performing Serviced Loan (except in connection with any Payment Accommodation) that
did not require the approval of, or processing by, the Special Servicer, (xi) 50% of any Consent Fees with respect to a Performing
Serviced Loan (except in connection with any Payment Accommodation) consented to by the Special Servicer (regardless of whether
the Master Servicer or the Special Servicer processes the related servicing matter), (xii) (A) 25% of any Consent Fees in respect
of a Payment Accommodation that is processed by the Special Servicer with respect to a Performing Serviced Loan and (B) 100% of
any Consent Fees in respect of a Payment Accommodation processed by the Master Servicer (with the agreement of the Special Servicer
as described in Section 3.24(a) of this Agreement) with respect to a Performing Serviced Loan, (xiii) 100% of Excess Penalty

 

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Charges
paid by the Mortgagors with respect to any Serviced Loan other than Excess Penalty Charges accrued during the period such Serviced
Loan is a Specially Serviced Loan (provided that for the avoidance of doubt, the Master Servicer shall be entitled to any
collections of Excess Penalty Charges that represent amounts accrued while the related Serviced Loan is a Performing Serviced
Loan even if collected when the Serviced Loan is a Specially Serviced Loan), (xiv) 100% of fees for insufficient or returned checks
actually received from Mortgagors relating to the accounts held by the Master Servicer, and (xv) 100% of beneficiary statement
charges actually received from Mortgagors to the extent the related beneficiary statements were prepared by the Master Servicer;
provided, however, that the Master Servicer shall not be entitled to apply or retain any amounts described in clauses
(i) through (vi) above as additional compensation with respect to a specific Mortgage Loan or Serviced Loan Combination, as applicable,
with respect to which a default or event of default thereunder has occurred and is continuing unless and until such default or
event of default has been cured (or has been waived in accordance with the terms of this Agreement) and all delinquent amounts
required to have been paid by the Mortgagor, Advance Interest Amounts and Additional Trust Fund Expenses (other than Special Servicing
Fees, Workout Fees and Liquidation Fees) both (x) due with respect to such Mortgage Loan or Serviced Loan Combination, as applicable,
and (y) in the case of expense items, that arose within the last 12 months, have been paid. The Master Servicer shall also be
entitled pursuant to, and to the extent provided for in Sections 3.06(a)(iii), Section 3.06(A) and Section 3.07(b),
to withdraw from the Collection Account and the Loan Combination Custodial Accounts and to receive from any Mortgagor Accounts
(to the extent not payable to the related Mortgagor under a Mortgage Loan or Serviced Loan Combination or applicable law) any
interest or other income earned on deposits therein. Interest or other income earned on funds in the Collection Account, Loan
Combination Custodial Account and Mortgagor Accounts (to the extent consistent with the related Loan Documents), shall be paid
to the Master Servicer as additional servicing compensation and interest or other income earned on funds in any REO Account shall
be payable to the Special Servicer. In addition, the Master Servicer shall be entitled to charge and retain reasonable review
fees in connection with any Mortgagor request with respect to any Performing Serviced Loan as to which the Mortgagor request does
not relate to a Major Decision or a Special Servicer Decision or in connection with any Mortgagor request that relates to a Major
Decision or Special Servicer Decision being processed by the Master Servicer with the mutual agreement of the Special Servicer,
to the extent such fees are (i) not inconsistent with the related Loan Documents, (ii) in accordance with the Servicing Standard
and (iii) actually paid by or on behalf of the related Mortgagor. The Special Servicer shall not waive any review fee due to the
Master Servicer without the Master Servicer’s consent. Notwithstanding the foregoing, the Master Servicer’s right
to the additional servicing compensation described in this paragraph with respect to a Serviced Companion Loan shall be subject
to the related Co-Lender Agreement.

 

For
the avoidance of doubt, with respect to any Excess Modification Fee, Assumption Fee, Consent Fee or other fee with respect to
a Performing Serviced Loan that is required to be split between the Master Servicer and the Special Servicer pursuant to the terms
of this Agreement, the Master Servicer and the Special Servicer shall each have the right in its sole discretion, but not any
obligation, to reduce or elect not to charge its respective percentage interest in any such fee; provided, however (x) neither
the Master Servicer nor the Special Servicer shall have the right to reduce or elect not to charge the percentage interest of
any fee due to the other and (y) to the extent either of the Master Servicer or the Special Servicer exercises its right to reduce
or elect not to charge its respective percentage interest in any fee, the party that reduced or

 

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elected
not to charge such fee shall not have any right to share in any portion of the other party’s fee. For the avoidance of doubt,
if the Master Servicer decides not to charge any fee, the Special Servicer shall still be entitled to charge the portion of the
related fee the Special Servicer would have been entitled to if the Master Servicer had charged a fee and the Master Servicer
shall not be entitled to any of such fee charged by the Special Servicer. The foregoing provisions of this paragraph shall only
apply to Performing Serviced Loans and, subject to the other terms of this Agreement, shall not prohibit any waiver or reduction
by the Special Servicer of any fee payable by the Mortgagor with respect to any Specially Serviced Loan.

 

KeyBank
National Association and any successor holder of the Excess Servicing Fee Rights shall be entitled, at any time, at its own expense,
to transfer, sell, pledge or otherwise assign such Excess Servicing Fee Rights in whole (but not in part), in either case, to
any Qualified Institutional Buyer or Institutional Accredited Investor (other than a Plan); provided that no such transfer,
sale, pledge or other assignment shall be made unless (i) that transfer, sale, pledge or other assignment is exempt from the registration
and/or qualification requirements of the Securities Act and any applicable state securities laws and is otherwise made in accordance
with the Securities Act and such state securities laws, (ii) the prospective transferor shall have delivered to the Depositor
a certificate substantially in the form attached as Exhibit CC-1 to this Agreement, and (iii)     
the prospective transferee shall have delivered to KeyBank National Association and the Depositor a certificate substantially
in the form attached as Exhibit CC-2 to this Agreement. None of the Depositor, the Trustee, the Certificate Administrator,
the Operating Advisor, the Asset Representations Reviewer or the Certificate Registrar is obligated to register or qualify an
Excess Servicing Fee Right under the Securities Act or any other securities law or to take any action not otherwise required under
this Agreement to permit the transfer, sale, pledge or assignment of an Excess Servicing Fee Right without registration or qualification.
KeyBank National Association and each holder of an Excess Servicing Fee Right desiring to effect a transfer, sale, pledge or other
assignment of such Excess Servicing Fee Right shall, and KeyBank National Association hereby agrees, and each such holder of an
Excess Servicing Fee Right by its acceptance of such Excess Servicing Fee Right shall be deemed to have agreed, in connection
with any transfer of such Excess Servicing Fee Right effected by such Person, to indemnify the Certificateholders, the Uncertificated
VRR Interest Owners, the Trust, the Depositor, the Underwriters, the Initial Purchasers, the Certificate Administrator, the Trustee,
the Custodian, the Master Servicer, the Operating Advisor, the Asset Representations Reviewer, the Certificate Registrar and the
Special Servicer against any liability that may result if such transfer is not exempt from registration and/or qualification under
the Securities Act or other applicable federal and state securities laws or is not made in accordance with such federal and state
laws or in accordance with the foregoing provisions of this paragraph. By its acceptance of an Excess Servicing Fee Right, the
holder thereof shall be deemed to have agreed not to use or disclose any information received in connection with its acquisition
and holding of such Excess Servicing Fee Right in any manner that could result in a violation of any provision of the Securities
Act or other applicable securities laws or that would require registration of such Excess Servicing Fee Right or any Certificate
pursuant to the Securities Act. From time to time following any transfer, sale, pledge or assignment of an Excess Servicing Fee
Right, the Person then acting as the Master Servicer shall pay, out of each amount paid to such Master Servicer as Servicing Fees
with respect to each related Mortgage Loan or REO Mortgage Loan, as the case may be, the related Excess Servicing Fees to the
holder of such Excess Servicing Fee Right within one (1) Business Day following the payment of such Servicing Fees to the Master
Servicer, in each case in accordance with payment instructions provided by such holder in writing

 

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to
the Master Servicer. The holder of an Excess Servicing Fee Right shall not have any rights under this Agreement except as set
forth in the preceding sentences of this paragraph. None of the Certificate Administrator, the Certificate Registrar, the Operating
Advisor, the Asset Representations Reviewer, the Depositor, the Special Servicer, the Trustee or the Custodian shall have any
obligation whatsoever regarding payment of the Excess Servicing Fee or the assignment or transfer of the Excess Servicing Fee
Right.

 

Except
as otherwise provided herein, the Master Servicer shall pay all expenses incurred by it in connection with its servicing activities
hereunder, including all fees of any Sub-Servicers retained by it.

 

The
Master Servicer will not be entitled to retain any portion of Excess Interest paid on any Mortgage Loan. Notwithstanding anything
herein to the contrary, in the case of a Serviced Loan Combination, in no event shall Servicing Fees with respect to the related
Mortgage Loan (including an REO Mortgage Loan) be payable out of payments and other collections with respect to the related Serviced
Pari Passu Companion Loan(s), and in no event shall Servicing Fees with respect to the related Serviced Pari Passu Companion Loan(s)
(including an REO Companion Loan) be payable out of payments and other collections with respect to the related Mortgage Loan or
the Mortgage Pool. In addition, with respect to any Serviced Subordinate Companion Loan, in no event shall Servicing Fees with
respect to such Serviced Subordinate Companion Loan (including an REO Companion Loan) be payable out of payments and other collections
with respect to any related Serviced Pari Passu Companion Loan(s), the related Mortgage Loan or the Mortgage Pool. This paragraph
is in no way intended to limit the rights, if any, of the Master Servicer under the related Co-Lender Agreement to seek payment
of unpaid Servicing Fees with respect to any Serviced Companion Loan from the related Serviced Companion Loan Holder.

 

(b)          As compensation for its activities hereunder, on each Distribution Date the Trustee shall be entitled with respect to each Mortgage
Loan to its portion of the Trustee/Certificate Administrator Fee, and the Certificate Administrator shall be entitled with respect
to each Mortgage Loan to its portion of the Trustee/Certificate Administrator Fee. The Certificate Administrator shall pay the
Trustee the Trustee’s portion of the Trustee/Certificate Administrator Fee. Except as otherwise provided herein, the Trustee/Certificate
Administrator Fee includes all routine expenses of the Trustee, the Certificate Registrar, the Paying Agent, the Certificate Administrator
and the Authenticating Agent. Each of the Trustee’s and Certificate Administrator’s rights to the Trustee/Certificate
Administrator Fee may not be transferred in whole or in part except in connection with the transfer of all of the Trustee’s
or Certificate Administrator’s, as applicable, responsibilities and obligations under this Agreement.

 

(c)          As compensation for its activities hereunder, the Special Servicer shall be entitled with respect to each Specially Serviced Loan
(including each Serviced Companion Loan that is included as part of each Serviced Loan Combination) in respect of each Interest
Accrual Period to the Special Servicing Fee, which shall be payable from amounts on deposit in the Collection Account and/or,
in the case of a Serviced Loan Combination or portion thereof, the related Loan Combination Custodial Account as set forth in
Section 3.06(a) and Section 3.06A. The Special Servicer’s rights to the Special Servicing Fee may not be transferred
in whole or in part except in connection with the transfer of all of the Special Servicer’s responsibilities and obligations
under this Agreement. In addition, the Special Servicer shall be entitled to receive, as

 

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additional
servicing compensation (the following items, collectively, the “Additional Special Servicing Compensation”):
(i) 50% of any Excess Modification Fees with respect to a modification, waiver, extension or amendment of a Performing Serviced
Loan (except in connection with any Payment Accommodation) consented to by the Special Servicer pursuant to Section 3.24
of this Agreement (whether or not the Special Servicer elects to handle any related processing); (ii) 100% of any Excess Modification
Fees with respect to a modification, waiver, extension or amendment of a Specially Serviced Loan consented to by the Special Servicer
pursuant to Section 3.24 of this Agreement; (iii) (A) 75% of any Excess Modification Fees in respect of a Payment Accommodation
that is processed by the Special Servicer with respect to a Performing Serviced Loan, (B) 100% of any Excess Modification Fees
in respect of a Payment Accommodation that is processed by the Special Servicer with respect to a Specially Serviced Loan and
(C) 0% of any Excess Modification Fees in respect of a Payment Accommodation processed by the Master Servicer (with the agreement
of the Special Servicer as described in Section 3.24(a) of this Agreement) with respect to a Performing Serviced Loan;
(iv) 100% of any Assumption Fees with respect to a Specially Serviced Loan; (v) 50% of any Assumption Fees with respect to a Performing
Serviced Loan involving a transaction described in the definition of “Assumption Fees” consented to by the Special
Servicer (whether or not the Special Servicer elects to handle any related processing); (vi) 100% of Ancillary Fees (other than
(A) fees for insufficient or returned checks and (B) beneficiary statement charges) actually received from Mortgagors in the case
of items prepared by the Special Servicer or with respect to accounts held by the Special Servicer pursuant to this Agreement
or the related Loan Documents, including the Loss of Value Reserve Fund and any REO Accounts; (vii) 100% of assumption application
fees actually received from Mortgagors on (A) Specially Serviced Loans and (B) Performing Serviced Loans if the related assumption
was processed by the Special Servicer; (viii) 100% of Consent Fees with respect to a Specially Serviced Loan; (ix) 50% of any
Consent Fees with respect to a Performing Serviced Loan (except in connection with any Payment Accommodation) consented to by
the Special Servicer (regardless of whether the Master Servicer or the Special Servicer processes the related servicing matter);
(x) (A) 75% of any Consent Fees in respect of a Payment Accommodation that is processed by the Special Servicer with respect to
a Performing Serviced Loan, (B) 100% of any Consent Fees in respect of a Payment Accommodation that is processed by the Special
Servicer with respect to a Specially Serviced Loan and (C) 0% of any Consent Fees in respect of a Payment Accommodation processed
by the Master Servicer (with the agreement of the Special Servicer as described in Section 3.24(a) of this Agreement) with
respect to a Performing Serviced Loan; (xi) 100% of Excess Penalty Charges accrued with respect to any Serviced Loan during the
period such Serviced Loan is a Specially Serviced Loan and actually received from the Mortgagors (provided that for the
avoidance of doubt, the Special Servicer shall be entitled to any collections of Excess Penalty Charges that represent amounts
accrued while the related Serviced Loan is a Specially Serviced Loan even if collected when the Serviced Loan is not a Specially
Serviced Loan); (xii) any interest or other income earned on deposits in the REO Accounts and any Loss of Value Reserve Fund;
(xiii) 100% of fees for insufficient or returned checks actually received from Mortgagors relating to the accounts held by the
Special Servicer; and (xiv) 100% of beneficiary statement charges actually received from Mortgagors to the extent the related
beneficiary statements were prepared by the Special Servicer. In addition, the Special Servicer shall be entitled to charge and
retain reasonable review fees in connection with any Mortgagor request with respect to any Specially Serviced Loan or any Mortgagor
request with respect to any Performing Serviced Loan that is being processed or consented to by the Special

 

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Servicer,
to the extent such fees are (i) not inconsistent with the related Loan Documents, (ii) in accordance with the Servicing Standard
and (iii) actually paid by or on behalf of the related Mortgagor. The Master Servicer shall not waive any review fee due to the
Special Servicer without the Special Servicer’s consent. The Special Servicer shall not be entitled to any Special Servicing
Fees with respect to the Outside Serviced Mortgage Loans. Notwithstanding the foregoing, the Special Servicer’s right to
the additional servicing compensation described in this paragraph with respect to a Serviced Companion Loan shall be subject to
the related Co-Lender Agreement.

 

For
the avoidance of doubt, with respect to any Excess Modification Fee, Assumption Fee, Consent Fee or other fee with respect to
a Performing Serviced Loan that is required to be split between the Master Servicer and the Special Servicer pursuant to the terms
of this Agreement, the Master Servicer and the Special Servicer shall each have the right in its sole discretion, but not any
obligation, to reduce or elect not to charge its respective percentage interest in any such fee; provided, however (x) neither
the Master Servicer nor the Special Servicer shall have the right to reduce or elect not to charge the percentage interest of
any fee due to the other and (y) to the extent either of the Master Servicer or the Special Servicer exercises its right to reduce
or elect not to charge its respective percentage interest in any fee, the party that reduced or elected not to charge such fee
shall not have any right to share in any portion of the other party’s fee. For the avoidance of doubt, if the Master Servicer
decides not to charge any fee, the Special Servicer shall still be entitled to charge the portion of the related fee the Special
Servicer would have been entitled to if the Master Servicer had charged a fee and the Master Servicer shall not be entitled to
any of such fee charged by the Special Servicer. The foregoing provisions of this paragraph shall only apply to Performing Serviced
Loans and, subject to the other terms of this Agreement, shall not prohibit any waiver or reduction by the Special Servicer of
any fee payable by the Mortgagor with respect to any Specially Serviced Loan.

 

Except
as otherwise provided herein, the Special Servicer shall pay all expenses incurred by it in connection with its servicing activities
hereunder.

 

The
Special Servicer shall also be entitled to additional servicing compensation in the form of a Workout Fee with respect to
each Corrected Loan at the Workout Fee Rate on such Mortgage Loan or Serviced Loan Combination for so long as it remains a
Corrected Loan. The Special Servicer shall not be entitled to any Workout Fee with respect to any Outside Serviced Mortgage
Loan. The Workout Fee with respect to any Corrected Loan will cease to be payable if such loan again becomes a Specially
Serviced Loan; provided that a new Workout Fee will become payable if and when such Specially Serviced Loan again
becomes a Corrected Loan. If the Special Servicer is terminated (other than for cause) or resigns: (1) it shall retain the
right to receive any and all Workout Fees payable in respect of Mortgage Loans or Serviced Loan Combinations that became
Corrected Loans prior to the time of that termination or resignation, except the Workout Fees will no longer be payable if
any such Mortgage Loan or Serviced Loan Combination subsequently becomes a Specially Serviced Loan; and (2) it will receive
any Workout Fees payable in respect of any Mortgage Loan or Serviced Loan Combination that was, at the time of that
termination or resignation, a Specially Serviced Loan for which the resigning or terminated Special Servicer had cured the
event of default through a modification, restructuring or workout negotiated by the Special Servicer and evidenced by a
signed writing, but which had not as of the time the Special Servicer resigned or was terminated become a Corrected Loan
solely because the Mortgagor had not had sufficient time to make three consecutive full and timely Monthly

 

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Payments
as described in clause (w) of the definition of “Specially Serviced Loan” and which thereafter becomes a Corrected
Loan as a result of the Mortgagor making such three consecutive full and timely Monthly Payments as described in clause (w) of
the definition of “Specially Serviced Loan”, except the Workout Fees will no longer be payable if any such
Mortgage Loan or Serviced Loan Combination subsequently becomes a Specially Serviced Loan. In either case, the successor special
servicer will not be entitled to any portion of such Workout Fees. The Special Servicer shall also be entitled to additional servicing
compensation in the form of a Liquidation Fee (other than with respect to the Outside Serviced Mortgage Loans) payable out of
the Liquidation Proceeds prior to the deposit of the Net Liquidation Proceeds in the Collection Account or the Loan Combination
Custodial Account, as applicable. However, no Liquidation Fee will be payable with respect to an Outside Serviced Mortgage Loan
or in connection with, or out of, Liquidation Proceeds as set forth in the final two provisos of the definition of “Liquidation
Fee” herein. Notwithstanding anything herein to the contrary, the Special Servicer shall not be entitled to receive
both a Liquidation Fee and a Workout Fee with respect to any specific collections or proceeds on any Mortgage Loan or Serviced
Loan Combination. For purposes of the foregoing provisions of this Section 3.12(c), a termination and removal of the Special
Servicer under Section 6.08 of this Agreement shall be deemed to constitute a termination without cause.

 

If
at any time a Mortgage Loan or Serviced Loan Combination becomes a Specially Serviced Loan, the Special Servicer shall use its
reasonable efforts to collect the amount of any Special Servicing Fee, Liquidation Fee and/or Workout Fee from the related Mortgagor
pursuant to the related Loan Documents, including exercising all remedies available under such Loan Documents that would be in
accordance with the Servicing Standard, specifically taking into account the costs or likelihood of success of any such collection
efforts and any applicable Realized Loss(es) that would be incurred by Certificateholders and/or the Uncertificated VRR Interest
Owners in connection therewith as opposed to the Realized Loss(es) that would be incurred as a result of not collecting such amounts
from the related Mortgagor.

 

The
Special Servicer shall not be entitled to any Liquidation Fee with respect to any Outside Serviced Mortgage Loan or any Outside
Serviced Companion Loan. In addition, the Special Servicer will not be entitled to retain any portion of Excess Interest paid
on any Mortgage Loan.

 

Notwithstanding
anything herein to the contrary, in the case of a Serviced Loan Combination, in no event shall Special Servicing Compensation
with respect to the related Mortgage Loan (including an REO Mortgage Loan) be payable out of payments and other collections with
respect to the related Serviced Pari Passu Companion Loan(s), and in no event shall Special Servicing Compensation with respect
to the related Serviced Pari Passu Companion Loan(s) (including an REO Companion Loan) be payable out of payments and other collections
with respect to the related Mortgage Loan or the Mortgage Pool. In addition, with respect to any Serviced Subordinate Companion
Loan, unless otherwise provided in the related Co-Lender Agreement, in no event shall Special Servicing Compensation with respect
to such Companion Loan (including an REO Companion Loan) be payable out of payments and other collections with respect to any
related Serviced Pari Passu Companion Loan(s), the related Mortgage Loan or the Mortgage Pool. This paragraph is in no way intended
to limit the rights of the Special Servicer under the related Co-Lender Agreement to seek payment of unpaid Special Servicing

 

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Compensation
with respect to any Serviced Companion Loan from the related Serviced Companion Loan Holder.

 

(d)          Notwithstanding anything herein to the contrary, any fees or other charges charged by the Master Servicer or the Special Servicer
in connection with processing any Payment Accommodation with respect to any Serviced Loan (in the aggregate with each other such
Payment Accommodation with respect to such Serviced Loan) shall not exceed $45,000 (excluding attorneys’ fees and out-of-pocket
third party expenses) (the “Payment Accommodation Fee Cap”) and shall only be borne by the related borrower,
not the Trust. For the avoidance of doubt, in the event of a borrower default under a Payment Accommodation, the Payment Accommodation
Fee Cap shall only apply to the initial processing of such Payment Accommodation, and, in such event, the Master Servicer or the
Special Servicer, as applicable, shall be entitled to all fees that would be payable to it pursuant to the terms of this Agreement
with respect to further servicing actions with respect to the related Mortgage Loan

 

(e)          The Master Servicer, Special Servicer, the Certificate Administrator and Trustee shall be entitled to reimbursement from the Trust
Fund for the costs and expenses incurred by them in the performance of their duties under this Agreement which are “unanticipated
expenses incurred by the REMIC” within the meaning of Treasury Regulations Section 1.860G-1(b)(3)(iii). Such expenses shall
include, by way of example and not by way of limitation, environmental assessments, Appraisals in connection with foreclosure,
the fees and expenses of any administrative or judicial proceeding and expenses expressly identified as reimbursable in Section
3.06(a)(vi) of this Agreement.

 

(f)           No provision of this Agreement or of the Certificates shall require the Master Servicer, the Special Servicer, the Certificate
Administrator or the Trustee to expend or risk their own funds or otherwise incur any financial liability in the performance of
any of their duties hereunder or thereunder, or in the exercise of any of their rights or powers, if, in the good faith business
judgment of the Master Servicer, Special Servicer, the Certificate Administrator or the Trustee, as the case may be, repayment
of such funds would not be ultimately recoverable from late payments, Net Insurance Proceeds, Net Condemnation Proceeds, Net Liquidation
Proceeds and other collections on or in respect of the Mortgage Loans or Serviced Loan Combination (to the extent recovery is
permitted from a Serviced Loan Combination hereunder) or from adequate indemnity from other assets comprising the Trust Fund against
such risk or liability.

 

If
the Master Servicer, the Special Servicer, the Operating Advisor, the Certificate Administrator or the Trustee receives a request
or inquiry from a Mortgagor, any Certificateholder or any other Person the response to which would, in the Master Servicer’s,
the Special Servicer’s or the Operating Advisor’s commercially reasonable judgment or the Certificate Administrator’s
or the Trustee’s good faith business judgment require the assistance of Independent legal counsel or other consultant to
the Master Servicer, the Special Servicer, the Operating Advisor, the Certificate Administrator or the Trustee the cost of which
would not be an expense of the Trust Fund hereunder, then the Master Servicer, the Special Servicer, the Operating Advisor, the
Certificate Administrator or the Trustee, as the case may be, shall not be required to take any action in response to such request
or inquiry unless the Mortgagor or such Certificateholder or such other Person, as applicable, makes arrangements for the payment
of the Master Servicer’s, the Special Servicer’s, the Operating Advisor’s, the Certificate Administrator’s
or the Trustee’s expenses

 

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associated
with such counsel (including, without limitation, posting an advance payment for such expenses) satisfactory to the Master Servicer,
the Special Servicer, the Operating Advisor, the Certificate Administrator or the Trustee as the case may be, in its sole discretion.
Unless such arrangements have been made, the Master Servicer, the Special Servicer, the Operating Advisor, the Certificate Administrator
or the Trustee as the case may be, shall have no liability to any Person for the failure to respond to such request or inquiry.

 

(g)          With respect to each Collection Period, the Special Servicer shall deliver or cause to be delivered to the Master Servicer, within
two Business Days following the related Determination Date, and the Master Servicer shall deliver, to the extent it has received
such information, to the Certificate Administrator, without charge and within one Business Day prior to the related Distribution
Date, an electronic report that discloses and contains an itemized listing of any Disclosable Special Servicer Fees received by
the Special Servicer or any of its Affiliates during the related Collection Period; provided, that no such report shall
be due in any month during which no Disclosable Special Servicer Fees were received.

 

(h)          The Special Servicer and its Affiliates shall be prohibited from receiving or retaining any compensation or any other remuneration
(including, without limitation, in the form of commissions, brokerage fees or rebates) from any Person (including, without limitation,
the Trust, any Mortgagor, any Manager, any guarantor or indemnitor in respect of a Serviced Mortgage Loan or Serviced Companion
Loan and any purchaser of any Serviced Mortgage Loan, Serviced Companion Loan or REO Property) in connection with the disposition,
workout or foreclosure of any Serviced Loan, the management or disposition of any REO Property, or the performance of any other
special servicing duties under this Agreement, other than as expressly provided in this Section 3.12; provided that
such prohibition shall not apply to Permitted Special Servicer/Affiliate Fees or the fees received by any Person acting as an
Outside Servicer or Outside Special Servicer as expressly provided for under the applicable Outside Servicing Agreement with respect
to an Outside Serviced Mortgage Loan, or as master servicer or special servicer as expressly provided for under the applicable
Other Pooling and Servicing Agreement governing the securitization of a Serviced Companion Loan. For the avoidance of doubt, the
foregoing is not intended to act as a prohibition on the right of any entity acting in the capacities of both Master Servicer
and Special Servicer from receiving or retaining any fees, compensation or other remuneration it is entitled to in its capacity
as Master Servicer pursuant to this Agreement.

 

(i)           If a Servicing Shift Mortgage Loan becomes a Specially Serviced Mortgage Loan prior to the related Servicing Shift Date, the Special
Servicer shall service and administer the related Loan Combination and any related REO Property in the same manner as any other
Specially Serviced Loan or REO Property and shall be entitled to all rights and compensation earned with respect to the related
Loan Combination during the period for which it acts as Special Servicer of the related Loan Combination. With respect to a Servicing
Shift Mortgage Loan, prior to the related Servicing Shift Date, no other special servicer will be entitled to any such compensation
or have such rights and obligations. If a Servicing Shift Mortgage Loan is still a Specially Serviced Mortgage Loan on the related
Servicing Shift Date, the related Outside Special Servicer and the Special Servicer shall be entitled to compensation with respect
to the related Loan Combination as if the Special Servicer were being terminated as Special Servicer and the related Outside Special
Servicer were replacing it as the successor special servicer. Upon receipt of notice of its termination as Special Servicer with
respect to a Servicing Shift Mortgage Loan, the Special

 

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Servicer
shall reasonably cooperate with the related Outside Special Servicer in connection with the servicing transition of such Servicing
Shift Mortgage Loan on and after the related Servicing Shift Date.

 

Section
3.13 Compensating Interest Payments. The Master Servicer shall deliver to the Certificate Administrator for deposit in
the Lower-Tier REMIC Distribution Account (other than the portion of any Compensating Interest Payment described below that is
allocable to a Serviced Companion Loan which shall be remitted by the Master Servicer to the related Serviced Companion Loan Holder)
on each Master Servicer Remittance Date, without any right of reimbursement therefor, an amount, with respect to each Mortgage
Loan (other than an Outside Serviced Mortgage Loan) and any related Serviced Pari Passu Companion Loan, equal to the lesser of:

 

(i)           the aggregate of all Prepayment Interest Shortfalls incurred in connection with voluntary Principal Prepayments received in respect
of the Mortgage Loans (other than the Outside Serviced Mortgage Loans) and any related Serviced Pari Passu Companion Loan(s) (in
each case other than a Specially Serviced Loan or a Mortgage Loan or any related Serviced Pari Passu Companion Loan on which the
Special Servicer allowed a prepayment on a date other than the applicable Due Date) for the related Distribution Date; and

 

(ii)          the aggregate of (A) that portion of the Master Servicer’s Servicing Fees for the related Distribution Date that is, in
the case of each Mortgage Loan, Serviced Pari Passu Companion Loan and REO Loan for which such Servicing Fees are being paid in
such Collection Period, calculated at a rate of 0.00125% per annum, and (B) all Prepayment Interest Excesses received by
the Master Servicer during such Collection Period with respect to the Mortgage Loans (and, so long as a Loan Combination is serviced
under this Agreement and the related Co-Lender Agreement so permits, any related Serviced Companion Loan) and net investment earnings
on such Prepayment Interest Excesses. In no event will the rights of the Certificateholders and the Uncertificated VRR Interest
Owners to the offset of the aggregate Prepayment Interest Shortfalls be cumulative.

 

If
a Prepayment Interest Shortfall occurs with respect to a Mortgage Loan as a result of the Master Servicer allowing the related
Mortgagor to deviate from the terms of the related Loan Documents regarding Principal Prepayments (other than (w) if the Mortgage
Loan is an Outside Serviced Mortgage Loan, (x) subsequent to a default under the related Loan Documents or if the Mortgage Loan
is a Specially Serviced Loan, (y) pursuant to applicable law or a court order or otherwise in such circumstances where the Master
Servicer is required to accept such principal prepayment in accordance with the Servicing Standard, or (z) in connection with
the payment of any Insurance Proceeds or Condemnation Proceeds) (a “Prohibited Prepayment”), then for purposes
of calculating the Compensating Interest Payment for the related Distribution Date, the Master Servicer shall pay, without regard
to clause (ii) of the preceding paragraph, the amount of the Prepayment Interest Shortfall with respect to such Mortgage Loan
otherwise described in clause (i) of the preceding paragraph in connection with such Prohibited Prepayment.

 

Compensating
Interest Payments with respect to a Serviced Loan Combination shall be allocated between the related Mortgage Loan and the related
Serviced Pari Passu

 

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Companion
Loan(s) in accordance with their respective principal amounts until the respective Prepayment Interest Shortfalls with respect
thereto are fully covered, and the Master Servicer shall pay the portion of such Compensating Interest Payments allocable to a
related Serviced Pari Passu Companion Loan to the holder thereof.

 

Section
3.14    Application of Penalty Charges and Modification Fees.

 

(a)          On or prior to the second Business Day before each Master Servicer Remittance Date, the Master Servicer shall apply all Penalty
Charges and Modification Fees (to the extent permitted under any related Co-Lender Agreement (in the case of a Serviced Loan Combination)
and not applied pursuant to Section 3.06A(a)(ii) or Section 3.06(a)(ii), as applicable, of this Agreement) received
by it with respect to any Mortgage Loan or Serviced Loan Combination, including an Outside Serviced Mortgage Loan (to the extent
allocable to such Outside Serviced Mortgage Loan pursuant to the related Co-Lender Agreement and remitted to the Master Servicer
by the related Outside Servicer) during the related Collection Period, as follows:

 

(i)           first, to the extent of all Penalty Charges and Modification Fees (in such order), to pay or reimburse the Master Servicer,
the Special Servicer and/or the Trustee, as applicable, for all outstanding Advances (including unreimbursed Advances that have
been determined to be Nonrecoverable Advances) and the related Advance Interest Amounts and other outstanding Additional Trust
Fund Expenses (including, in the case of the application of Penalty Charges, Special Servicing Fees, Workout Fees and Liquidation
Fees) other than Borrower Delayed Reimbursements, in each case, with respect to such Mortgage Loan or Serviced Loan Combination;

 

(ii)          second, to the extent of all remaining Penalty Charges and Modification Fees (in such order), as a reimbursement to the
Trust of all Advances (and related Advance Interest Amounts) with respect to such Mortgage Loan or Serviced Loan Combination previously
determined to be Nonrecoverable Advances and previously reimbursed to the Master Servicer, the Special Servicer and/or the Trustee,
as applicable, from amounts on deposit in the Collection Account (and such amounts will be retained or deposited in the Collection
Account as recoveries of such Nonrecoverable Advances and related Advance Interest Amounts) other than Borrower Delayed Reimbursements;

 

(iii)         third, to the extent of all remaining Penalty Charges and Modification Fees (in such order), as a reimbursement to the
Trust of all other Additional Trust Fund Expenses (including, in the case of the application of Penalty Charges, Special Servicing
Fees, Workout Fees and Liquidation Fees) with respect to such Mortgage Loan or Serviced Loan Combination previously paid from
the Collection Account or related Loan Combination Custodial Account (and such amounts will be retained or deposited in the Collection
Account or related Loan Combination Custodial Account as recoveries of such Additional Trust Fund Expenses) other than Borrower
Delayed Reimbursements; and

 

(iv)         fourth, to the extent of any remaining Penalty Charges and any remaining Modification Fees, to the Master Servicer or the
Special Servicer, as applicable, as servicing compensation, pro rata, based on their entitlement set forth in Section
3.12 of this Agreement prior to the applications set forth in clauses (i) through (iii) above;

 

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provided
that, notwithstanding the foregoing, in the case of a Loan Combination, Penalty Charges shall be allocated for the purposes
and in the order set forth in the related Co-Lender Agreement.

 

(b)          In connection with the operation of the provisions of this Section 3.14, not later than the 25th day of the month in which
each Distribution Date occurs (beginning with the 25th day of the month following the first Collection Period in which an Additional
Trust Fund Expense, Advance or Advance Interest Amount is incurred), the Master Servicer shall deliver to the Special Servicer
a report in the form reasonably agreed to by both the Master Servicer and the Special Servicer setting forth information regarding
(1) the amount of Penalty Charges, Modification Fees and Assumption Fees collected by the Master Servicer and the Special Servicer,
as applicable, and (2) the related loan expenses and other amounts paid to the Trust from such Penalty Charges, Modification Fees
and Assumption Fees, in each case for the related Collection Period or other reporting period as agreed to by the Master Servicer
and the Special Servicer. The Master Servicer shall respond promptly to any inquiries of the Special Servicer with respect to
the contents of any such report and shall provide any supporting information with respect thereto that is reasonably requested
by the Special Servicer.

 

Section
3.15 Access to Certain Documentation. The Master Servicer and Special Servicer shall provide to the Trustee, the Certificate
Administrator, the Controlling Class Representative (but only prior to the occurrence and continuance of any Consultation Termination
Event), the Operating Advisor, the Underwriters, the Initial Purchasers, the Depositor and any Certificateholders and Serviced
Companion Loan Holders that are, in the case of any Certificateholder or Serviced Companion Loan Holder, federally insured financial
institutions, the Federal Reserve Board, the FDIC and the OCC and the supervisory agents and examiners of such boards and such
corporations, and any other governmental or regulatory body to the jurisdiction of which any Certificateholder or Serviced Companion
Loan Holder is subject, access to the documentation regarding the Mortgage Loans required by applicable regulations of the Federal
Reserve Board, FDIC, OCC or any such governmental or regulatory body, such access being afforded without charge but only upon
reasonable request and during normal business hours at the offices of the Master Servicer or Special Servicer (which access shall
be limited, in the case of the Serviced Companion Loan Holders or any regulatory authority seeking such access in respect of the
Serviced Companion Loan Holders, to records relating to the Serviced Companion Loans). Nothing in this Section 3.15 shall
detract from the obligation of the Master Servicer and Special Servicer to observe any applicable law prohibiting disclosure of
information with respect to the Mortgagors, and the failure of the Master Servicer and Special Servicer to provide access as provided
in this Section 3.15 as a result of such obligation shall not constitute a breach of this Section 3.15.

 

In
connection with providing or granting any information or access pursuant to the prior paragraph to a Certificateholder, a Serviced
Companion Loan Holder or any regulatory authority that may exercise authority over a Certificateholder or Serviced Companion Loan
Holder, the Master Servicer and the Special Servicer may each require payment from such Certificateholder or Serviced Companion
Loan Holder of a sum sufficient to cover the reasonable costs and expenses of providing such information or access, including
copy charges and reasonable fees for employee time and for space; provided that no charge may be made if such information
or access was required to be given or made available without charge under applicable law. In connection with providing Certificateholders
or beneficial owners of Certificates access to the

 

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information
described in the preceding paragraph, the Master Servicer and the Special Servicer shall require (prior to affording such access)
a written confirmation executed by the requesting Person substantially in such form as may be reasonably acceptable to the Master
Servicer or the Special Servicer, as the case may be, generally to the effect that such Person is a Holder of Certificates or
a beneficial holder of book entry Certificates and will keep such information confidential.

 

In
addition, in connection with providing access to information pursuant to this Section 3.15, each of the Master Servicer
and the Special Servicer may (i) affix a reasonable disclaimer to any information provided by it for which it is not the original
source (without suggesting liability on the part of any other party hereto); (ii) affix to any information provided by it a reasonable
statement regarding securities law restrictions on such information and/or condition access to information on the execution of
a reasonable confidentiality agreement; (iii) withhold access to confidential information or any intellectual property; and (iv)
withhold access to items of information contained in the Servicing File for any Mortgage Loan or Serviced Companion Loan if the
disclosure of such items would constitute a waiver of the attorney-client privilege.

 

Each
of the Master Servicer and the Special Servicer, as applicable, shall, without charge, make a knowledgeable Servicing Officer
available via telephone to verbally answer questions from any applicable Directing Holder and Consulting Party (to the extent
such Consulting Party has consultation rights pursuant to any related Co-Lender Agreement or pursuant to Section 3.21,
Section 3.29 or Section 6.09, as applicable), on a monthly basis, during regular business hours at such time and
for such duration as the Master Servicer or the Special Servicer, as applicable, on the one hand, and such applicable Directing
Holder or Consulting Party, as applicable, on the other hand, shall reasonably agree, regarding the performance and servicing
of the applicable Serviced Mortgage Loans and/or related REO Properties for which the Master Servicer or the Special Servicer,
as applicable, is responsible. In any event, each applicable Directing Holder or applicable Consulting Party, as applicable, agrees
to identify for the Master Servicer and the Special Servicer in advance (but at least two (2) Business Days prior to the related
monthly conference) the applicable Mortgage Loans (or Serviced Loan Combination) and/or REO Properties it intends to discuss.
As a condition to such disclosure, the related Directing Holder shall execute a confidentiality agreement substantially in the
form of Exhibit M-4 to this Agreement and an Investor Certification.

 

The
Master Servicer may (but shall not be required to), in accordance with such rules and procedures as it may adopt in its sole discretion,
make available through the Master Servicer’s website or otherwise, any additional information relating to the Mortgage Loans,
the Serviced Companion Loans, the related Mortgaged Properties and/or the related Mortgagors that is not Privileged Information,
for review by the Depositor, the Trustee, the Master Servicer, the Special Servicer and the Operating Advisor.

 

The
Special Servicer shall deliver (to the extent available to the Special Servicer) to the Operating Advisor such reports and other
information produced or otherwise available to any Outside Controlling Note Holder, the Controlling Class Representative, the
Uncertificated VRR Interest Owners or Certificateholders generally, as requested by the Operating Advisor in support of the performance
of the Operating Advisor’s obligations under this Agreement in electronic format.

 

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The
Operating Advisor hereby agrees that it shall use the information provided to it by the Special Servicer solely for purposes of
performing its duties as Operating Advisor under this Agreement and shall not disclose such information to any other Person or
entity except (i) with respect to Privileged Information, pursuant to Section 3.29(j) of this Agreement, or (ii) with respect
to any information other than Privileged Information, to the extent necessary to support its conclusions in its Operating Advisor
Annual Report required under Section 3.29 of this Agreement or to discharge its other duties under this Agreement.

 

Section
3.16    Title and Management of REO Properties.

 

(a)          In
the event that title to any Mortgaged Property (other than a Mortgaged Property with respect to an Outside Serviced
Mortgage Loan) is acquired for the benefit of the Certificateholders and the Uncertificated VRR Interest Owners (or, with
respect to a Serviced Loan Combination, for the benefit of the Certificateholders, the Uncertificated VRR Interest Owners and
the related Serviced Companion Loan Holder(s)) (as a collective whole as if such Certificateholders, the Uncertificated VRR
Interest Owners and, if applicable, such Serviced Companion Loan Holder(s) constituted a single lender) (either by the Trust
Fund or by a single member limited liability company established for that purpose) in foreclosure, by deed-in-lieu of
foreclosure or upon abandonment or reclamation from bankruptcy, the deed or certificate of sale shall be taken in the name of
a nominee of the Trustee (which shall not include the Master Servicer), or a separate trustee or co-trustee, on behalf of the
Trust Fund and any related Serviced Companion Loan Holders. The Special Servicer, on behalf of the Trust Fund, shall sell any
REO Property prior to the close of the third calendar year following the year in which the Lower-Tier REMIC acquires
ownership of such REO Property, within the meaning of Treasury Regulations Section 1.856-6(b)(1), for purposes of Code
Section 860G(a)(8), unless (i) the IRS grants (or does not deny) an extension of time (an “REO Extension”)
to sell such REO Property or (ii) the Special Servicer obtains an Opinion of Counsel for the Special Servicer, the
Certificate Administrator and the Trustee, addressed to the Special Servicer, the Certificate Administrator and the Trustee,
to the effect that the holding by the Lower-Tier REMIC of such REO Property subsequent to the close of the third calendar
year following the year in which such acquisition occurred will not result in the imposition of taxes on
“prohibited transactions” (as defined in Code Section 860F) of any Trust REMIC, or cause any Trust REMIC to fail
to qualify as a REMIC under the Code at any time that any of the Lower-Tier Regular Interests, any of the Non-Vertically
Retained Regular Certificates or the Class VRR Upper-Tier Regular Interest is outstanding. If the Special Servicer is granted
(or is not denied) the REO Extension contemplated by clause (i) of the immediately preceding sentence or obtains the Opinion
of Counsel contemplated by clause (ii) of the immediately preceding sentence, the Special Servicer shall sell such REO
Property within such longer period as is permitted by such REO Extension or such Opinion of Counsel, as the case may be. Any
expense incurred by the Special Servicer in connection with its receiving the REO Extension contemplated by clause (i) of the
second preceding sentence or its obtaining the Opinion of Counsel contemplated by clause (ii) of the second preceding
sentence shall be an expense of the Trust Fund payable out of the Collection Account pursuant to Section 3.06(a) of
this Agreement. The Special Servicer, on behalf of the Trust Fund and any related Serviced Companion Loan Holder, in
accordance with the Servicing Standard, shall dispose of any REO Property held by the Trust Fund (i) prior to the last day of
such period (taking into account extensions) by which such REO Property is required to be disposed of pursuant to the
provisions of the immediately preceding sentence in a manner provided under Section 3.17 of this Agreement and (ii) on
the same terms

 

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and
conditions as if it were the owner of such REO Property. The Special Servicer shall manage, conserve, protect and operate each
REO Property for the Certificateholders, the Uncertificated VRR Interest Owners and, if applicable, the related Serviced Companion
Loan Holder, solely for the purpose of its prompt disposition and sale in a manner which does not cause such REO Property to fail
to qualify as “foreclosure property” within the meaning of Code Section 860G(a)(8) or result in the receipt by the
Trust Fund of any “income from non-permitted assets” within the meaning of Code Section 860F(a)(2)(B) or (i) endanger
the status of any Trust REMIC as a REMIC or (ii) result in the imposition of a tax upon any Trust REMIC or the Trust Fund.

 

(b)          The
Special Servicer shall have full power and authority, subject only to the specific requirements and prohibitions of this
Agreement, to do any and all things in connection with any REO Property (other than an REO Property related to an Outside
Serviced Mortgage Loan) as are consistent with the Servicing Standard and the terms of this Agreement, all on such terms and
for such period as the Special Servicer deems to be in the best interests of Certificateholders, the Uncertificated VRR
Interest Owners and, if applicable, the related Serviced Companion Loan Holder(s) (as a collective whole as if such
Certificateholders, the Uncertificated VRR Interest Owners and, if applicable, the related Serviced Companion Loan Holder(s)
constituted a single lender (and, in the case of a Serviced AB Loan Combination, taking into account the subordinate nature
of any related Subordinate Companion Loan(s))), and, in connection therewith, the Special Servicer shall only agree to the
payment of management fees that are consistent with general market standards or to terms that are more favorable. Consistent
with the foregoing, the Special Servicer shall cause or permit to be earned with respect to such REO Property any “net
income from foreclosure property,” within the meaning of Code Section 860G(c), which is subject to tax under the REMIC
Provisions only if it has determined, and has so advised the Certificate Administrator in writing, that the earning of such
income on a net after-tax basis could reasonably be expected to result in a greater recovery on behalf of Certificateholders,
the Uncertificated VRR Interest Owners and, if applicable, the related Companion Loan Holder(s) (as a collective whole as if
such Certificateholders, the Uncertificated VRR Interest Owners and, if applicable, the related Companion Loan Holder(s),
constituted a single lender (and, in the case of a Serviced AB Loan Combination, taking into account the subordinate nature
of any related Subordinate Companion Loan(s))) than an alternative method of operation or rental of such REO Property
that would not be subject to such a tax. The Special Servicer shall segregate and hold all revenues received by it with
respect to any REO Property separate and apart from its own funds and general assets and shall establish and maintain with
respect to any REO Property a segregated custodial account (each, an “REO Account”), each of which shall
be an Eligible Account and (subject to any changes in the identities of the Special Servicer and/or the Trustee) shall be
entitled “KeyBank National Association, as Special Servicer, on behalf of Wilmington Trust, National Association, as
Trustee, for the benefit of the registered Holders of Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through
Certificates, Series 2022-B35, and the Uncertificated VRR Interest Owners [IN THE CASE OF AN REO PROPERTY RELATED TO A
SERVICED LOAN COMBINATION: and the related Serviced Companion Loan Holder(s)], as their interests may appear--REO
Account”. The Special Servicer shall be entitled to withdraw for its account any interest or investment income earned
on funds deposited in an REO Account to the extent provided in Section 3.07(b) of this Agreement. The Special Servicer
shall deposit or cause to be deposited in the REO Account, within two (2) Business Days after receipt of properly identified
funds, all revenues and proceeds received by it with respect to any REO Property, and shall withdraw therefrom funds
necessary for the proper

 

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operation,
management and maintenance of such REO Property and for other Property Protection Expenses with respect to such REO Property,
including:

 

(i)          
all insurance premiums due and payable in respect of any REO Property;

 

(ii)         
all real estate taxes and assessments in respect of any REO Property that may result in the imposition of a lien thereon;

 

(iii)         all costs and expenses reasonable and necessary to protect, maintain, manage, operate, repair and restore any REO Property including,
if applicable, the payments of any ground rents in respect of such REO Property; and

 

(iv)         any
taxes imposed on any Trust REMIC in respect of net income from foreclosure property in accordance with Section 4.05 of
this Agreement.

 

To
the extent that such REO Proceeds are insufficient for the purposes set forth in clauses (i) through (iv) above and the Special
Servicer has provided written notice of such shortfall to the Master Servicer at least five (5) Business Days (or, in an emergency
situation or on an urgent basis, two (2) Business Days, provided that the written notice sets forth the nature of the emergency
or the basis of the urgency) prior to the date that such amounts are due, the Master Servicer shall advance the amount of such
shortfall unless the Master Servicer determines, in accordance with the Servicing Standard, that such Advance would be a Nonrecoverable
Advance (in which case such costs shall be an expense of the Trust Fund and paid by the Master Servicer out of the Collection
Account). If the Master Servicer does not make any such Advance in violation of the immediately preceding sentence, the Trustee
shall make such Advance unless the Trustee determines that such Advance would be a Nonrecoverable Advance. The Trustee shall be
entitled to rely, conclusively, on any determination by the Master Servicer that an Advance, if made, would be a Nonrecoverable
Advance. The Trustee, in determining whether or not a proposed Advance would be a Nonrecoverable Advance, shall use its good faith
business judgment. The Master Servicer or the Trustee, as applicable, shall be entitled to reimbursement of such Advances (with
interest at the Advance Rate) made pursuant to the preceding sentence, to the extent set forth in Section 3.06 and/or,
if applicable, Section 3.06A of this Agreement. The Special Servicer shall withdraw from each REO Account and remit to
the Master Servicer for deposit into the Collection Account, or, for a Serviced Loan Combination, the related Loan Combination
Custodial Account, on a monthly basis prior to the related Master Servicer Remittance Date the Net REO Proceeds, Net Liquidation
Proceeds, Net Condemnation Proceeds and Net Insurance Proceeds received or collected from each REO Property during the related
Collection Period, except that in determining the amount of any such Net REO Proceeds, the Special Servicer may retain in each
REO Account reasonable reserves for repairs, replacements and necessary capital improvements and other related expenses. Notwithstanding
the foregoing, the Special Servicer shall not:

 

(i)           permit the Trust Fund to enter into, renew or extend any New Lease, if the New Lease by its terms will give rise to any income
that does not constitute Rents from Real Property;

 

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(ii)          permit any amount to be received or accrued under any New Lease, other than amounts that will constitute Rents from Real Property;

 

(iii)         authorize or permit any construction on any REO Property, other than the repair or maintenance thereof or the completion of a
building or other improvement thereon, and then only if more than ten percent of the construction of such building or other improvement
was completed before default on the related Mortgage Loan or Serviced Loan Combination became imminent, all within the meaning
of Code Section 856(e)(4)(B); or

 

(iv)         Directly Operate or allow any Person to Directly Operate any REO Property on any date more than 90 days after its date of acquisition
by the Trust Fund, unless such Person is an Independent Contractor;

 

unless,
in any such case, the Special Servicer has requested and received an Opinion of Counsel addressed to the Special Servicer, any
related Serviced Companion Loan Holder, the Certificate Administrator and the Trustee (which opinion shall be an expense of the
Trust Fund and, if any related Serviced Companion Loan is part of a REMIC, the related Serviced Companion Loan Holder) to the
effect that such action will not cause such REO Property to fail to qualify as “foreclosure property” within the meaning
of Code Section 860G(a)(8) (determined without regard to the exception applicable for purposes of Code Section 860D(a)) at any
time that it is held by the Trust Fund, in which case the Special Servicer may take such actions as are specified in such Opinion
of Counsel.

 

The
Special Servicer shall be required to contract with an Independent Contractor, the fees and expenses of which shall be an expense
of the Trust Fund and payable out of REO Proceeds, for the operation and management of any REO Property, within 90 days of the
Trust Fund’s acquisition thereof (unless the Special Servicer shall have provided the Trustee and the Certificate Administrator
with an Opinion of Counsel that the operation and management of any REO Property other than through an Independent Contractor
shall not cause such REO Property to fail to qualify as “foreclosure property” within the meaning of Code Section
860G(a)(8)) (which opinion shall be an expense of the Trust Fund), provided that:

 

(i)           the terms and conditions of any such contract shall be reasonable and customary for the area and type of property and shall not
be inconsistent herewith;

 

(ii)          any such contract shall require, or shall be administered to require, that the Independent Contractor pay all costs and expenses
incurred in connection with the operation and management of such REO Property, including those listed above, and remit all related
revenues (net of such costs and expenses) to the Special Servicer as soon as practicable, but in no event later than thirty days
following the receipt thereof by such Independent Contractor;

 

(iii)         none of the provisions of this Section 3.16(b) relating to any such contract or to actions taken through any such Independent
Contractor shall be deemed to relieve the Special Servicer of any of its duties and obligations to the Trust Fund or the Trustee
on behalf of the Certificateholders, the Uncertificated VRR Interest Owners and,

 

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if
applicable, any related Serviced Companion Loan Holder with respect to the operation and management of any such REO Property;
and

 

(iv)        the Special Servicer shall be obligated with respect thereto to the same extent as if it alone were performing all duties and
obligations in connection with the operation and management of such REO Property.

 

The
Special Servicer shall be entitled to enter into any agreement with any Independent Contractor performing services for it related
to its duties and obligations hereunder for indemnification of the Special Servicer by such Independent Contractor, and nothing
in this Agreement shall be deemed to limit or modify such indemnification.

 

(c)          When and as necessary, the Special Servicer shall send to the Trustee and the Certificate Administrator and the related Serviced
Companion Loan Holder (or the master servicer or special servicer for the related Other Securitization Trust on its behalf) a
statement prepared by the Special Servicer setting forth the amount of net income or net loss, as determined for federal income
tax purposes, resulting from the operation and management of a trade or business on, the furnishing or rendering of a non-customary
service to the tenants of, or the receipt of any other amount not constituting Rents from Real Property in respect of, any REO
Property in accordance with Section 3.16(a) and Section 3.16(b) of this Agreement.

 

(d)          Notwithstanding anything to the contrary, this Section 3.16 shall not apply to any REO Property related to an Outside Serviced
Mortgage Loan.

 

Section
3.17 Sale of Defaulted Loans and REO Properties; Sale of Outside Serviced Mortgage Loans.

 

(a)          The parties hereto may sell or purchase, or permit the sale or purchase of, a Mortgage Loan (excluding an Outside Serviced Mortgage
Loan) only (i) on the terms and subject to the conditions set forth in this Section 3.17, (ii) as otherwise expressly provided
in or contemplated by Sections 2.03 and 9.01 of this Agreement, or (iii) (A) in the case of a Mortgage Loan related
to a Serviced Loan Combination in accordance with and subject to the provisions of the related Co-Lender Agreement and Section
3.28 of this Agreement and (B) in the case of a Mortgage Loan with a related mezzanine loan or subordinate mortgage loan,
in accordance with and subject to the provisions of the related intercreditor agreement.

 

(b)          Promptly upon a Serviced Loan or Serviced Loan Combination becoming a Defaulted Loan and if the Special Servicer determines in
accordance with the Servicing Standard that it would be in the best interests of the Certificateholders, the Uncertificated VRR
Interest Owners and, in the case of a Serviced Loan Combination, any related Serviced Companion Loan Holder(s) (as a collective
whole as if such Certificateholders and the Uncertificated VRR Interest Owners and, in the case of a Serviced Loan Combination,
any related Serviced Companion Loan Holder(s), constituted a single lender) to attempt to sell such Defaulted Loan, the Special
Servicer shall use reasonable efforts to solicit offers for such Defaulted Loan on behalf of the Certificateholders, the Uncertificated
VRR Interest Owners and, if applicable, any related Serviced Companion Loan Holder(s) in such manner as will be reasonably likely
to realize a fair price. Subject to the other subsections of this Section 3.17, the Special Servicer shall accept the first
(and,

 

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if
multiple offers are contemporaneously received, the highest) cash offer received from any Person that constitutes a fair price
for such Defaulted Loan. The Special Servicer shall notify any applicable Directing Holder and Consulting Party of any written
offers (excluding, for the sake of clarity, any unsuccessful bids received during an auction, whether live or on-line, that were
lower than the accepted offer) received regarding the sale of any Defaulted Loan, in each case to the extent requested by any
such party. Any Serviced Companion Loan that is part of a Defaulted Serviced Loan Combination is to be sold together with the
related Mortgage Loan, subject to the other subsections of this Section 3.17 and any additional requirements set forth
in the related Co-Lender Agreement.

 

(c)          The Special Servicer shall give the Trustee, the Certificate Administrator, the Master Servicer, any related Serviced Companion
Loan Holder (in the case of a Serviced Loan Combination), any applicable Directing Holder and Consulting Party not less than five
(5) Business Days’ prior written notice of its intention to sell any Defaulted Loan. No Interested Person shall be obligated
to submit an offer to purchase any Defaulted Loan, and notwithstanding anything to the contrary contained herein, neither the
Trustee, in its individual capacity, nor any of its Affiliates may offer to purchase, or purchase any Defaulted Loan pursuant
hereto.

 

(d)          Whether any cash offer constitutes a fair price for any Defaulted Loan for purposes of Section 3.17(b) of this Agreement
shall be determined by the Special Servicer, if the offeror is a Person other than an Interested Person, and by the Trustee, if
the offeror is an Interested Person (provided that the Trustee may not be an offeror); provided, however,
that no offer from an Interested Person shall constitute a fair price unless (i) it is the highest offer received and (ii) at
least two other offers are received from independent third parties; and provided, further, notwithstanding the immediately
preceding proviso, the Purchase Price for any Defaulted Loan (and any equivalent amount for any related Serviced Companion Loan)
shall be deemed a fair price in all cases, including with respect to any offer from an Interested Person. In all cases under this
Agreement (except to the extent the Trustee is not required to determine whether any cash offer constitutes a fair price for any
Defaulted Loan pursuant to the immediately preceding sentence), in determining whether any offer received from an Interested Person
represents a fair price for any Defaulted Loan, the Trustee shall (at the expense of the Interested Person) designate an independent
third party expert in real estate or commercial mortgage loan matters with at least five (5) years’ experience in valuing
or investing in mortgage loans similar to such Defaulted Loan that has been selected with reasonable care by the Trustee to determine
if such cash offer constitutes a fair price for such Defaulted Loan; provided that the Trustee will not engage a third
party expert whose fees exceed a commercially reasonable amount as determined by the Trustee. The reasonable costs of all appraisals,
inspection reports and broker opinions of value incurred by any such third party pursuant to this Section 3.17(d) will
be covered by, and will be reimbursable by the Interested Person. The Trustee will be entitled to rely conclusively upon such
third party’s determination. In determining whether any such offer from a Person other than an Interested Person constitutes
a fair price for any such Defaulted Loan, the Special Servicer shall take into account (in addition to the results of any Appraisal,
updated Appraisal or narrative Appraisal that it may have obtained pursuant to this Agreement within the prior 9 months), among
other factors, the period and amount of any delinquency on such Defaulted Loan, the occupancy level and physical condition of
the related Mortgaged Property and the state of the local economy. The appraiser conducting any new Appraisal for determining
whether any offer from a Person other than an Interested Person represents a fair price for any Defaulted Loan shall be an Appraiser

 

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selected
by the Special Servicer. The cost of any such Appraisal shall be covered by, and shall be reimbursable to, the Master Servicer
as a Property Advance if no Interested Person is offering to purchase such Defaulted Loan.

 

(e)           Subject to Section 3.17(a) through Section 3.17(d), Section 3.17(f), Section 3.17(g) and Section
3.17(m), the Special Servicer shall act on behalf of the Trust Fund and any affected Serviced Companion Loan Holder in negotiating
and taking any other action necessary or appropriate in connection with the sale of any Defaulted Loan, and the collection of
all amounts payable in connection therewith. In connection therewith, the Special Servicer may charge prospective offerors, and
may retain, fees that approximate the Special Servicer’s actual costs in the preparation and delivery of information pertaining
to such sales or exchanging offers without obligation to deposit such amounts into the Collection Account or, if applicable, the
Loan Combination Custodial Account. Any sale of any Defaulted Loan shall be final and without recourse to the Trustee, the Certificate
Administrator or the Trust Fund (except such recourse to the Trust Fund imposed by those representations and warranties typically
given in such transactions, any appropriations applied thereto and any customary closing matters), and if such sale is consummated
in accordance with the terms of this Agreement, none of the Special Servicer, the Master Servicer, the Depositor, the Certificate
Administrator, the Operating Advisor or the Trustee shall have any liability to any Certificateholder or any Uncertificated VRR
Interest Owner with respect to the purchase price therefor accepted by the Special Servicer or the Trustee.

 

(f)           Subject to (x) the rights of a holder of a mezzanine loan, under the respective intercreditor agreement, and (y) the rights of
a Subordinate Companion Loan Holder, under the respective Co-Lender Agreement, to purchase a Mortgage Loan or Serviced Loan Combination
(or senior portion thereof), unless and until a Defaulted Loan is sold pursuant to this Section , the Special Servicer shall continue
to service and administer such Defaulted Loan in accordance with the Servicing Standard and this Agreement and shall pursue such
other resolutions or recovery strategies including workout, foreclosure or sale of such Defaulted Loan, as is consistent with
this Agreement and the Servicing Standard.

 

(g)          Any sale of a Defaulted Loan pursuant to this Section 3.17 shall be for cash only. The purchase price for any Defaulted
Loan purchased under this Section 3.17 or any Outside Serviced Mortgage Loan sold in accordance with the related Co-Lender
Agreement or Outside Servicing Agreement, shall be deposited into the Collection Account or the related Loan Combination Custodial
Account, as applicable, and the Certificate Administrator (or a Custodian appointed by it), upon receipt of (i) an Officer’s
Certificate from the Master Servicer to the effect that such deposit has been made and (ii) a Request for Release, shall release
or cause to be released to the purchaser of the Defaulted Loan the related Mortgage File, and the Trustee, the Master Servicer
or the Special Servicer, as applicable, shall execute and deliver such instruments of transfer or assignment, in each case without
recourse, as shall be necessary to vest in such purchaser ownership of such Defaulted Loan. In connection with any such purchase,
the Special Servicer and the Master Servicer shall deliver the related Servicing File (to the extent either has possession of
such file) to such purchaser.

 

(h)          The parties hereto may sell or purchase, or permit the sale or purchase of, an REO Property (other than an REO Property related
to an Outside Serviced Mortgage Loan) only on the terms and subject to the conditions set forth in this Section 3.17.

 

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(i)           The Special Servicer shall use reasonable efforts to solicit offers for each REO Property (other than an REO Property related
to an Outside Serviced Mortgage Loan) on behalf of the Certificateholders, the Uncertificated VRR Interest Owners and the related
Serviced Companion Loan Holder in such manner as will be reasonably likely to realize a fair price within the time period specified
by Section 3.16 of this Agreement. Subject to Section 3.17(m) of this Agreement, the Special Servicer shall accept
the first (and, if multiple offers are contemporaneously received, highest) cash offer received from any Person that constitutes
a fair price for such REO Property. If the Special Servicer determines, in its good faith and reasonable judgment, that it will
be unable to realize a fair price for any REO Property (other than an REO Property related to an Outside Serviced Mortgage Loan)
within the time constraints imposed by Section 3.16 of this Agreement, then the Special Servicer shall dispose of such
REO Property upon such terms and conditions as the Special Servicer shall deem necessary and desirable to maximize the recovery
thereon under the circumstances and, in connection therewith, shall accept the highest outstanding cash offer, regardless from
whom received. The Liquidation Proceeds (net of related Liquidation Expenses) for any REO Property sold hereunder shall be deposited
in the Collection Account or, if applicable, the related Loan Combination Custodial Account.

 

(j)           The Special Servicer shall give the Trustee, the Certificate Administrator, the Master Servicer, any related Serviced Companion
Loan Holder, the Operating Advisor, any applicable Directing Holder and any applicable Consulting Party not less than three (3)
Business Days’ prior written notice of its intention to sell any REO Property (other than an REO Property related to an
Outside Serviced Mortgage Loan) hereunder. No Interested Person shall be obligated to submit an offer to purchase any REO Property,
and notwithstanding anything to the contrary contained herein, neither the Trustee, in its individual capacity, nor any of its
Affiliates may offer to purchase, or purchase, any REO Property pursuant hereto.

 

(k)          Whether any cash offer constitutes a fair price for any REO Property (other than an REO Property related to an Outside Serviced
Mortgage Loan) for purposes of Section 3.17(i) of this Agreement shall be determined by the Special Servicer, if the offeror
is a Person other than an Interested Person, and by the Trustee, if the offeror is an Interested Person (provided that
the Trustee may not be an offeror); provided, however, that no offer from an Interested Person shall constitute
a fair price unless (i) it is the highest offer received and (ii) at least two other offers are received from independent third
parties; and provided, further, notwithstanding the immediately preceding proviso, the Purchase Price for any such REO
Property shall be deemed a fair price in all cases, including with respect to any offer from an Interested Person. In determining
whether any offer received from an Interested Person represents a fair price for any such REO Property, the Trustee shall (at
the expense of the Interested Person) designate an independent third party expert in real estate or commercial mortgage loan matters
with at least five (5) years’ experience in valuing or investing in properties similar to such REO Property that has been
selected with reasonable care by the Trustee to determine if such cash offer constitutes a fair price for such REO Property; provided
that the Trustee will not engage a third party expert whose fees exceed a commercially reasonable amount as determined by
the Trustee. The reasonable costs of all appraisals, inspection reports and broker opinions of value incurred by any such third
party pursuant to this Section 3.17(k) will be covered by, and will be reimbursable by the Interested Person. The Trustee
will be entitled to rely conclusively upon such third party’s determination. In determining whether any such offer from
a Person other than an Interested Person constitutes a fair price for any such REO Property, the Special Servicer shall take into

 

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account
(in addition to the results of any Appraisal, updated Appraisal or narrative Appraisal that it may have obtained pursuant to this
Agreement within the prior 9 months), among other factors, the period and amount of any delinquency on the related Mortgage Loan
or Serviced Loan Combination, the occupancy level and physical condition of such REO Property, the state of the local economy
and the obligation to dispose of such REO Property within the time period specified in Section 3.16 of this Agreement.
The appraiser conducting any new Appraisal for determining whether any offer from a Person other than an Interested Person represents
a fair price for any REO Property shall be an Appraiser selected by the Special Servicer. The cost of any such Appraisal shall
be covered by, and shall be reimbursable to, the Master Servicer as a Property Advance if no Interested Person is offering to
purchase such REO Property.

 

(l)            Subject to Section 3.17(a) through Section 3.17(k) and Section 3.17(m) of this Agreement, the Special Servicer
shall act on behalf of the Trust Fund and any affected Serviced Companion Loan Holder in negotiating and taking any other action
necessary or appropriate in connection with the sale of any Defaulted Loan or REO Property (other than an REO Property related
to an Outside Serviced Mortgage Loan), and the collection of all amounts payable in connection therewith. In connection therewith,
the Special Servicer may charge prospective offerors, and may retain, fees that approximate the Special Servicer’s actual
costs in the preparation and delivery of information pertaining to such sales or exchanging offers without obligation to deposit
such amounts into the Collection Account or, if applicable, the related Loan Combination Custodial Account. Any sale of any Defaulted
Loan or REO Property (other than an REO Property related to an Outside Serviced Mortgage Loan) shall be final and without recourse
to the Trustee, the Certificate Administrator or the Trust Fund or any related Serviced Companion Loan Holder (except such recourse
to the Trust Fund and the related Serviced Companion Loan Holder imposed by those representations and warranties typically given
in such transactions, any appropriations applied thereto and any customary closing matters), and if such sale is consummated in
accordance with the terms of this Agreement, none of the Special Servicer, the Master Servicer, the Depositor, the Certificate
Administrator, the Operating Advisor or the Trustee shall have any liability to any Certificateholder or any Uncertificated VRR
Interest Owner with respect to the purchase price therefor accepted by the Special Servicer or the Trustee.

 

(m)          Notwithstanding any of the foregoing paragraphs of this Section 3.17, the Special Servicer shall not be obligated to accept
the highest cash offer for a Defaulted Loan if the Special Servicer determines (in consultation with any applicable Directing
Holder and Consulting Parties), in accordance with the Servicing Standard, that rejection of such offer would be in the best interests
of the Certificateholders, the Uncertificated VRR Interest Owners and, in the case of a sale of a Serviced Loan Combination (or
applicable portion thereof), the related affected Serviced Companion Loan Holder(s) (as a collective whole as if such Certificateholders,
the Uncertificated VRR Interest Owners and, if applicable, any such related Serviced Companion Loan Holder(s) constituted a single
lender (and, in the case of a Serviced AB Loan Combination, taking into account the subordinate nature of the related Subordinate
Companion Loan(s))), and the Special Servicer may accept a lower cash offer (from any Person other than itself or an Affiliate)
if it determines, in its reasonable and good faith judgment, that acceptance of such offer would be in the best interests of the
Certificateholders, the Uncertificated VRR Interest Owners and, in the case of a Serviced Loan Combination, any related affected
Serviced Companion Loan Holder(s) (as a collective whole as if such Certificateholders, the Uncertificated VRR Interest Owners
and, if applicable, any such related Serviced Companion Loan Holder(s) constituted a single lender (and,

 

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in
the case of a Serviced AB Loan Combination, taking into account the subordinate nature of the related Serviced Subordinate Companion
Loan(s))) (for example, if the prospective buyer making the lower offer is more likely to perform its obligations or the terms
offered by the prospective buyer making the lower offer are more favorable).

 

Notwithstanding
any of the foregoing paragraphs of this Section 3.17, the Special Servicer shall not be obligated to accept the highest
cash offer for an REO Property (other than an REO Property related to an Outside Serviced Mortgage Loan) if the Special Servicer
determines (in consultation with any applicable Directing Holder and Consulting Parties), in accordance with the Servicing Standard,
that rejection of such offer would be in the best interests of the Certificateholders, the Uncertificated VRR Interest Owners
and, in the case of a sale of an REO Property that corresponds to a Serviced Loan Combination, the related Serviced Companion
Loan Holder(s) (as a collective whole as if such Certificateholders, the Uncertificated VRR Interest Owners and, if applicable,
any Serviced Companion Loan Holder(s) constituted a single lender (and, in the case of a Serviced AB Loan Combination, taking
into account the subordinate nature of the related Subordinate Companion Loan(s))), and the Special Servicer may accept a lower
cash offer (from any Person other than itself or an Affiliate) if it determines, in its reasonable and good faith judgment, that
acceptance of such offer would be in the best interests of the Certificateholders, the Uncertificated VRR Interest Owners and,
in the case of an REO Property that corresponds to a Serviced Loan Combination, any related Serviced Companion Loan Holder(s)
(as a collective whole as if such Certificateholders, the Uncertificated VRR Interest Owners and, if applicable, any related Serviced
Companion Loan Holder(s) constituted a single lender (and, in the case of a Serviced AB Loan Combination, taking into account
the subordinate nature of the related Serviced Subordinate Companion Loan(s))) (for example, if the prospective buyer making the
lower offer is more likely to perform its obligations or the terms offered by the prospective buyer making the lower offer are
more favorable).

 

(n)          In no event shall the Trust Fund or the Trustee, the Certificate Administrator, the Master Servicer or the Special Servicer on
the Trust’s behalf purchase, or pay or advance costs to purchase, any Outside Serviced Mortgage Loan, or any Companion Loan
or any Mortgage Loan.

 

(o)          Notwithstanding anything herein to the contrary, any party identified in the related Co-Lender Agreement or Outside Servicing
Agreement (which, if the identified party is the holder of an Outside Serviced Mortgage Loan, shall mean the Controlling Class
Representative for so long as no Control Termination Event has occurred and is continuing), in its individual capacity and not
on behalf of the Trust, shall be entitled to purchase an Outside Serviced Mortgage Loan in accordance with the terms and conditions
set forth in the related Co-Lender Agreement and Outside Servicing Agreement. In no event shall the Trust Fund or the Trustee,
the Master Servicer or the Special Servicer on its behalf purchase, or pay or advance costs to purchase, any Outside Serviced
Mortgage Loan or the related Companion Loan(s) or any other Mortgage Loan.

 

(p)          Notwithstanding anything to the contrary herein, any purchase or sale of a Specially Serviced Loan pursuant to this Section
3.17 will remain subject to the cure, purchase and other rights of, in each case if applicable, any related Subordinate Companion
Loan Holder as set forth in the related Co-Lender Agreement and any holder of a related mezzanine loan as set forth in the related
intercreditor agreement. The Special Servicer shall determine the price to be paid in

 

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accordance
with the terms of the related Co-Lender Agreement or the related mezzanine loan intercreditor agreement in connection with any
such purchase rights in favor of any related Subordinate Companion Loan Holder or mezzanine loan holder and shall provide such
notices to the related Subordinate Companion Loan Holder or the holder of a related mezzanine loan as are required by the related
Co-Lender Agreement or the related mezzanine loan intercreditor agreement in connection with each such holders’ purchase
rights.

 

(q)          With
respect to any Serviced Loan Combination (other than any such Loan Combination that is a Serviced Outside Controlled
Loan Combination) that, pursuant to the terms of the related Co-Lender Agreement, becomes a Defaulted Serviced Loan
Combination, if the Special Servicer determines to sell the related Serviced Mortgage Loan in accordance with this Section
3.17, then the Special Servicer shall sell each related Serviced Pari Passu Companion Loan together with such Serviced
Mortgage Loan as a single whole loan in accordance with this Agreement and subject to any rights of the applicable Directing
Holder and the holder of any related non-controlling Serviced Pari Passu Companion Loan hereunder or under the related
Co-Lender Agreement. Notwithstanding anything to the contrary herein, the Special Servicer shall not sell any such Serviced
Loan Combination if it becomes a Defaulted Serviced Loan Combination without the written consent of each related Serviced
Pari Passu Companion Loan Holder (provided that such consent is not required if the consenting party is the related
Mortgagor or an Affiliate of the related Mortgagor) unless the Special Servicer has delivered (which delivery may be by
electronic mail to the extent it would not be prohibited under the terms of the related Co-Lender Agreement) to such related
Serviced Pari Passu Companion Loan Holder (at the expense of such Serviced Pari Passu Companion Loan Holder to the extent
permitted under the terms of the related Co-Lender Agreement; provided, that to the extent an Other Securitization
Trust is the related Serviced Pari Passu Companion Loan Holder, no such expense shall be payable out of such Other
Securitization Trust or by the parties to the related Other Pooling and Servicing Agreement): (a) at least 15 Business
Days’ prior written notice of any decision to attempt to sell such Defaulted Serviced Loan Combination; (b) at least 10
days prior to the proposed sale date, a copy of each bid package (together with any material amendments to such bid packages)
received by the Special Servicer in connection with any such proposed sale; (c) at least 10 days prior to the proposed sale
date, a copy of the most recent appraisal for the subject Serviced Loan Combination, and any documents in the Servicing
File reasonably requested by such related Serviced Pari Passu Companion Loan Holder that are material to the price of the
subject Serviced Loan Combination; and (d) until the sale is completed, and a reasonable period of time (but no less time
than is afforded to other offerors) prior to the proposed sale date, all information and other documents being provided to
other offerors and all leases or other documents that are approved by the Master Servicer or the Special Servicer in
connection with the proposed sale; provided, that a related Serviced Pari Passu Companion Loan Holder may waive as to itself
any of the delivery or timing requirements set forth in this sentence. The applicable Directing Holder and each related
Serviced Pari Passu Companion Loan Holder may submit an offer to purchase, and any such party is permitted to be the
purchaser at any sale of, the subject Defaulted Serviced Loan Combination unless such Person is the related Mortgagor or an
agent or Affiliate of the related Mortgagor.

 

(r)           With respect to any Serviced Loan Combination that is a Serviced Outside Controlled Loan Combination that, pursuant to the terms
of the related Co-Lender Agreement, becomes a Defaulted Serviced Loan Combination, and if the Special Servicer determines to sell
the related Serviced Mortgage Loan in accordance with this Section 3.17, then the Special Servicer

 

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shall
sell each related Serviced Pari Passu Companion Loan together with such Serviced Mortgage Loan as a single whole loan in accordance
with this Agreement and subject to any rights of any related Outside Controlling Note Holder, the Controlling Class Representative
and/or the holder of any related non-controlling Serviced Pari Passu Companion Loan hereunder or under the related Co-Lender Agreement.
Notwithstanding anything to the contrary herein, the Special Servicer shall not sell any such Serviced Loan Combination if it
becomes a Defaulted Serviced Loan Combination without the written consent of the Controlling Class Representative (unless a Consultation
Termination Event exists), the related Outside Controlling Note Holder and the holder of each related non-controlling Serviced
Pari Passu Companion Loan (provided that such consent is not required if the consenting party is the related Mortgagor or an Affiliate
of the related Mortgagor) unless the Special Servicer has delivered (which delivery may be by electronic mail to the extent it
would not be prohibited under the terms of the related Co-Lender Agreement) to the Controlling Class Representative, the related
Outside Controlling Note Holder and the holder of each related non-controlling Serviced Pari Passu Companion Loan (at the expense
of such Outside Controlling Note Holder and the holder of each related non-controlling Serviced Pari Passu Companion Loan, to
the extent permitted under the terms of the related Co-Lender Agreement): (a) at least 15 Business Days’ prior written notice
of any decision to attempt to sell such Serviced Loan Combination; (b) at least 10 days prior to the proposed sale date, a copy
of each bid package (together with any material amendments to such bid packages) received by the Special Servicer in connection
with any such proposed sale; (c) at least 10 days prior to the proposed sale date, a copy of the most recent appraisal for the
subject Serviced Loan Combination, and any documents in the Servicing File reasonably requested by the Controlling Class Representative,
the related Outside Controlling Note Holder and the holder of each related non-controlling Serviced Pari Passu Companion Loan
that are material to the price of the subject Serviced Loan Combination; and (d) until the sale is completed, and a reasonable
period of time (but no less time than is afforded to other offerors and the Controlling Class Representative) prior to the proposed
sale date, all information and other documents being provided to other offerors and all leases or other documents that are approved
by the Master Servicer or the Special Servicer in connection with the proposed sale; provided, that the Controlling Class
Representative, the related Outside Controlling Note Holder and the holder of each related non-controlling Serviced Pari Passu
Companion Loan may each waive as to itself any of the delivery or timing requirements set forth in this sentence. The Controlling
Class Representative, the related Outside Controlling Note Holder and the holder of each related non-controlling Serviced Pari
Passu Companion Loan shall be permitted to submit an offer to purchase, and any such party is permitted to be the purchaser at
any sale of, the subject Serviced Loan Combination unless such Person is the related Mortgagor or an agent or Affiliate of the
related Mortgagor.

 

Notwithstanding
the prior paragraph, with respect to each Serviced AB Loan Combination, if such Serviced AB Loan Combination becomes a Defaulted
Serviced Loan Combination, and if the Special Servicer determines to sell the related Serviced Mortgage Loan in accordance with
this Section 3.17, then the Special Servicer shall not be permitted or required to sell the related Serviced Subordinate
Companion Loan(s) together with such Serviced Mortgage Loan and any related Serviced Pari Passu Companion Loan(s) as a single
whole loan except as required by the related Co-Lender Agreement.

 

(s)          With respect to any Outside Serviced Mortgage Loan upon becoming a “Defaulted Mortgage Loan” (as such term
or any analogous term is defined pursuant to the terms

 

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of
the applicable Outside Servicing Agreement), and with respect to any REO Property related to an Outside Serviced Mortgage Loan,
the liquidation of such Outside Serviced Mortgage Loan or such REO Property shall be administered by the related Outside Special
Servicer in accordance with the applicable Outside Servicing Agreement and the related Co-Lender Agreement. Any such sale of an
Outside Serviced Mortgage Loan or any related REO Property pursuant to the applicable Outside Servicing Agreement and/or the related
Co-Lender Agreement shall be final and without recourse to the Trustee or the Trust, and none of the Master Servicer, the Special
Servicer, the Certificate Administrator or the Trustee shall have any liability to any Certificateholder or any Uncertificated
VRR Interest Owner with respect to the purchase price for such Outside Serviced Mortgage Loan or such REO Property accepted on
behalf of the Trust. Any proceeds of such a sale received by the Trust Fund shall be promptly deposited in the Collection Account.

 

Section
3.18 Additional Obligations of the Master Servicer; Inspections; Obligation to Notify Ground Lessors; Delivery of Certain Reports
to the Serviced Companion Loan Holder.

 

(a)          The Master Servicer (or, with respect to Specially Serviced Loans and REO Properties, the Special Servicer) shall inspect or cause
to be inspected each Mortgaged Property that secures a Serviced Loan at such times and in such manner as are consistent with the
Servicing Standard, but in any event at least once every calendar year with respect to such Mortgaged Property relating to Serviced
Mortgage Loans with an outstanding principal balance of $2,000,000 or more and at least once every other calendar year with respect
to such Mortgaged Property relating to Serviced Mortgage Loans with an outstanding principal balance of less than $2,000,000,
in each case commencing in 2023; provided that the Master Servicer is not required to inspect any Mortgaged Property that
has been inspected by the Special Servicer during the preceding 12 months. If any Serviced Mortgage Loan or Serviced Loan Combination
becomes a Specially Serviced Loan, the related Mortgaged Property shall be inspected by the Special Servicer as soon as practicable
and thereafter at least every calendar year for so long as such condition exists. The cost of any annual inspection, or bi-annual
inspection, as the case may be, shall be borne by the Master Servicer unless the related Serviced Mortgage Loan or Serviced Loan
Combination is a Specially Serviced Loan. The Master Servicer shall reimburse the Special Servicer for the cost of any inspection
of a Specially Serviced Loan as a Property Advance (or as an expense of the Trust Fund and paid by the Master Servicer out of
the Collection Account if such Property Advance would be a Nonrecoverable Advance) and any out-of-pocket costs incurred with respect
to such inspection shall be borne by the Trust Fund. The Special Servicer or the Master Servicer, as applicable, shall prepare
or cause to be prepared a written report of each such inspection performed by it pursuant to this Section 3.18(a), and
shall, as soon as reasonably practicable following completion, deliver or make available a copy (in electronic format) of each
such report to the Certificate Administrator (who shall post such report to the Certificate Administrator’s Website for
review by Privileged Persons in accordance with Section 4.02(a)).

 

(b)          The Master Servicer shall, as to each Mortgage Loan (excluding an Outside Serviced Mortgage Loan) which is secured by the interest
of the related Mortgagor under a Ground Lease, even if the corresponding fee interest is encumbered, promptly (and in any event
within 60 days following the later of the Closing Date or its receipt of a copy of the Ground Lease) notify the related ground
lessor of the transfer of such Mortgage Loan to the Trust Fund pursuant to this Agreement and inform such ground lessor that any
notices of default under the related Ground

 

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Lease
should thereafter be forwarded to the Master Servicer. The Master Servicer shall forward to the Special Servicer any written notice
of default under a ground lease.

 

(c)          The Master Servicer and the Special Servicer shall each promptly prepare or cause to be prepared and deliver to each Serviced
Companion Loan Holder a written report, prepared in the manner set forth in Section 4.02, of each inspection performed
by it with respect to the related Mortgaged Property and Serviced Companion Loan related thereto.

 

(d)          The Master Servicer is hereby authorized to exercise any rights granted under the applicable Outside Servicing Agreement in favor
of the Trust (or a party on its behalf) as the holder of each Outside Serviced Mortgage Loan to obtain information from the related
Outside Servicer (or other similar parties with an obligation to make advances) in connection with making nonrecoverability determinations.
The Master Servicer shall promptly deliver to any related Outside Servicer, upon request, such information in the Master Servicer’s
possession as the related Outside Servicer reasonably requests in order to determine whether an advance similar to a P&I Advance
would be “nonrecoverable.”

 

(e)          If required under the related Co-Lender Agreement, the Master Servicer shall promptly deliver to each Serviced Companion Loan
Holder or provide electronically: (i) copies of operating statements and rent rolls; (ii) annual CREFC® NOI Adjustment
Worksheets (with annual operating statements as exhibits); and (iii) annual CREFC® Operating Statement Analysis
Reports, in each case prepared, received or obtained by it pursuant to this Agreement with respect to the Mortgaged Properties
securing the related Serviced Companion Loan.

 

Section
3.19    Lock-Box Accounts, Escrow Accounts.

 

Except
with respect to the Outside Serviced Mortgage Loans, the Master Servicer shall administer each Lock-Box Account and Escrow Account
in accordance with the related Mortgage or Loan Agreement or Lock-Box Agreement, if any, and administer any letters of credit
pursuant to the related letter of credit agreement and the Loan Documents.

 

Notwithstanding
the foregoing, to the extent that any cash amounts are held in an Escrow Account or other cash collateral account and the mortgagee
under the related Loan Documents is permitted, but not required, to apply such amounts to prepay the related Mortgage Loan (or
Serviced Loan Combination), neither the Master Servicer nor the Special Servicer shall apply such amounts to prepay the Mortgage
Loan (or Serviced Loan Combination) until after the occurrence of an event of default under the Mortgage Loan (or Serviced Loan
Combination) that may result in the Mortgage Loan (or Serviced Loan Combination) being accelerated or becoming a Specially Serviced
Loan.

 

Section
3.20    Property Advances.

 

(a)           Except
with respect to an Outside Serviced Mortgage Loan, the Master Servicer (or, to the extent provided in Section 3.20(b)
of this Agreement, the Trustee) shall make any Property Advances as and to the extent incidental to the performance of its
duties under this Agreement or otherwise required pursuant to the terms hereof; provided that no Property Advances
shall be made with regard to a Subordinate Companion Loan if the related Mortgage Loan is no longer held by the Trust. The
Special Servicer shall give the Master Servicer, the Trustee and any

 

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affected
Serviced Companion Loan Holder not less than five (or, in the case of Emergency Advances pursuant to Section 3.20(e) of
this Agreement, two) Business Days’ written notice before the date on which the Master Servicer is requested to make any
Property Advance with respect to a given Specially Serviced Loan or REO Property (other than an REO Property related to an Outside
Serviced Mortgage Loan). In addition, the Special Servicer shall provide the Master Servicer, the Trustee and any affected Serviced
Companion Loan Holder with such information in its possession as the Master Servicer, the Trustee or such Serviced Companion Loan
Holder, as applicable, may reasonably request to enable the Master Servicer or the Trustee, as applicable, to determine whether
a requested Property Advance would constitute a Nonrecoverable Advance. Any such notice by the Special Servicer to the Master
Servicer of a required Property Advance shall be deemed to be a determination by the Special Servicer that such requested Property
Advance is not a Nonrecoverable Advance, and the Master Servicer shall be entitled to conclusively rely on such determination.
In the absence of a determination by the Special Servicer that a Property Advance is a Nonrecoverable Advance, all determinations
of recoverability with respect to Property Advances to be made (or contemplated to be made) by the Master Servicer or the Trustee
will remain with the Master Servicer or the Trustee, as applicable. On the fourth Business Day before each Distribution Date,
the Special Servicer shall report to the Master Servicer the Special Servicer’s determination as to whether any Property
Advance previously made with respect to a Specially Serviced Loan is a Nonrecoverable Advance promptly after making such determination.
The Master Servicer and the Trustee shall be entitled to conclusively rely on and shall be bound by such a determination and shall
be bound by a determination by the Special Servicer that a Property Advance previously made or contemplated to be made with respect
to a Specially Serviced Loan is or would be a Nonrecoverable Advance. Although the Special Servicer may determine whether a Property
Advance is a Nonrecoverable Advance, the Special Servicer will have no right to (i) make an affirmative determination that any
Property Advance previously made or to be made (or contemplated to be made) by the Master Servicer or the Trustee is, or would
be, recoverable or (ii) reverse any determination that may have been made by the Master Servicer or the Trustee or to prohibit
the Master Servicer or the Trustee from making a determination that any Property Advance constitutes or would constitute a Nonrecoverable
Advance; provided that this sentence will not be construed to limit the Special Servicer’s right to make a determination
that a Property Advance to be made (or contemplated to be made) would be, or a previously made Advance is, a Nonrecoverable Advance,
as described in this Section 3.20. The Master Servicer and the Special Servicer shall consider Unliquidated Advances in
respect of prior Property Advances for the purposes of non-recoverability determinations as if such amounts were unreimbursed
Property Advances.

 

For
purposes of distributions to Certificateholders, the Uncertificated VRR Interest Owners and Serviced Companion Loan Holders and
compensation to the Master Servicer or the Trustee, Property Advances shall not be considered to increase the principal balance
of any Mortgage Loan or Serviced Loan Combination, notwithstanding that the terms of such Mortgage Loan or Serviced Loan Combination
so provide.

 

(b)          The Master Servicer shall notify the Trustee, the Special Servicer and any related Serviced Companion Loan Holder in writing promptly
upon, and in any event within one (1)      Business Day after, becoming aware that it will be unable
to make any Property Advance required to be made pursuant to the terms hereof, and in connection therewith, shall set forth in
such notice the amount of such Property Advance, the Person to whom it will be paid, and the

 

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circumstances
and purpose of such Property Advance, and shall set forth therein information and instructions for the payment of such Property
Advance, and, on the date specified in such notice for the payment of such Property Advance, or, if the date for payment has passed
or if no such date is specified, then within five (5) Business Days following such notice, the Trustee, subject to the provisions
of Section 3.20(c) of this Agreement, shall pay the amount of such Property Advance in accordance with such information
and instructions. Any notice to the Trustee pursuant to this Section shall be deemed to be given to a Responsible Officer of the
Trustee if made in accordance with Section 12.04 of this Agreement.

 

(c)           None of the Master Servicer, the Special Servicer or the Trustee shall be obligated to make a Property Advance as to any Mortgage
Loan or Serviced Loan Combination or REO Property if the Master Servicer, the Special Servicer or the Trustee, as applicable,
determines that such Advance will be a Nonrecoverable Advance. The determination by any Person with an obligation hereunder to
make Property Advances that it has made a Nonrecoverable Advance or that any proposed Property Advance, if made, would constitute
a Nonrecoverable Advance or a determination by the Special Servicer that a Property Advance previously made or proposed to be
made is or would, if made, constitute a Nonrecoverable Advance, shall be made by such Person (i)    
in the case of the Master Servicer or the Special Servicer, in accordance with the Servicing Standard and (ii) in the case of
the Trustee, in accordance with its good faith business judgment and shall be evidenced by an Officer’s Certificate delivered
on or prior to the next Master Servicer Remittance Date to (1) the affected Serviced Companion Loan Holders or their Companion
Loan Holder representatives (and the related master servicer and special servicer under any related Other Pooling and Servicing
Agreement, if applicable), in the case of any Serviced Loan Combination, (2)     the Trustee (unless
it is the Person making the determination), (3) any applicable Directing Holder, (4) the Master Servicer (unless it is the Person
making the determination), (5) the Special Servicer (unless it is the Person making the determination), and (6) the Depositor
(if the Trustee is making the determination), setting forth the basis for such determination, together with any other information
that supports such determination together with a copy of any Appraisal of the related Mortgaged Property or REO Property, as the
case may be (which Appraisal shall be an expense of the Trust Fund, shall take into account any material change in circumstances
of which such Person is aware or such Person has received new information, either of which has a material effect on the value
and shall have been conducted in accordance with the standards of the Appraisal Institute within the twelve months preceding such
determination of nonrecoverability), and further accompanied by related Mortgagor operating statements and financial statements,
budgets and rent rolls of the related Mortgaged Property (to the extent available and/or in such Person’s possession) and
any engineers’ reports, environmental surveys or similar reports that such Person may have obtained and that support such
determination. In connection with a determination by the Special Servicer, the Master Servicer or the Trustee as to whether a
Property Advance previously made or to be made constitutes or would constitute a Nonrecoverable Advance:

 

(A)         any such Person will be entitled to consider (among other things) the obligations of the Mortgagor under the terms of the related
Mortgage Loan or Serviced Loan Combination as it may have been modified, to consider (among other things) the related Mortgaged
Properties in their “as is” or then current conditions and occupancies, as modified by such party’s assumptions
regarding the possibility and effects of future adverse change with respect to such Mortgaged

 

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Properties,
to estimate and consider (among other things) future expenses and to estimate and consider (among other things) the timing of
recoveries;

 

(B)         any such Person may update or change its recoverability determinations at any time (but not reverse any other Person’s determination
that an Advance is a Nonrecoverable Advance) and may obtain at the expense of the Trust Fund any analysis, Appraisals or market
value estimates or other information as reasonably may be required for such purposes;

 

(C)         the Special Servicer may, at its option, make a determination in accordance with the Servicing Standard that any proposed Property
Advance, if made, would be a Nonrecoverable Advance or that any outstanding Property Advance is a Nonrecoverable Advance and may
deliver to the Master Servicer, the Trustee, any applicable Directing Holder and the Controlling Class Representative if it is
an applicable Consulting Party and, in the case of a Property Advance with respect to a Serviced Outside Controlled Loan Combination,
the related Outside Controlling Note Holder notice of such determination, which determination shall be conclusive and binding
on the Master Servicer and the Trustee (but this statement shall not be construed to entitle the Special Servicer to reverse any
other authorized Person’s determination, or to prohibit any such other authorized Person from making a determination, that
a Property Advance constitutes or would constitute a Nonrecoverable Advance);

 

(D)         the Trustee shall be entitled to rely, conclusively, on any determination by the Master Servicer or Special Servicer that a Property
Advance is or, if made, would be a Nonrecoverable Advance, and the Master Servicer shall be entitled to rely, conclusively, on
any determination by the Special Servicer that a Property Advance is or, if made, would be a Nonrecoverable Advance;

 

(E)          any non-recoverability determination by the Master Servicer or the Special Servicer pursuant to this Section 3.20 with
respect to the non-recoverability of Property Advances shall be conclusive and binding on the Master Servicer (in the case of
such a determination by the Special Servicer) and the Trustee; and

 

(F)          notwithstanding the foregoing, the Trustee may conclusively rely upon any determination by the Master Servicer or the Special
Servicer that any Property Advance would be recoverable (unless a non-recoverability determination has been made by the other
servicer in accordance with clause (E) above which is binding on the Trustee), and the Master Servicer may conclusively rely upon
any determination by the Special Servicer that any Property Advance would be recoverable.

 

(d)          The Master Servicer, the Special Servicer and/or the Trustee, as applicable, shall be entitled to the reimbursement of Property
Advances made by any of them to the extent permitted pursuant to Section 3.06(a)(ii) or Section 3.06A(a)(ii) of
this Agreement, together with any related Advance Interest Amount in respect of such Property Advances, and the Master

 

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Servicer
and the Special Servicer, as applicable, hereby covenant and agree to use efforts consistent with the Servicing Standard to obtain
the reimbursement of such Property Advances from the related Mortgagors to the extent permitted by applicable law and the related
Loan Documents.

 

(e)           Notwithstanding anything to the contrary contained in this Agreement, if a Property Advance is required to be made under this
Agreement with respect to any Specially Serviced Loan or REO Property (other than an REO Property related to an Outside Serviced
Mortgage Loan), the Special Servicer shall request that the Master Servicer make such Property Advance, such request to be made,
in writing, at least five (5) Business Days (or, in the case of an Emergency Advance, two (2) Business Days, provided that
the written request sets forth the nature of the emergency or the basis of the urgency) in advance of the date on which such Property
Advance is required to be made hereunder and to be accompanied by such information and documentation regarding the subject Property
Advance as the Master Servicer may reasonably request, subject to the Master Servicer’s right to determine that such Property
Advance does not constitute or would not constitute a Nonrecoverable Advance. The Master Servicer shall have the obligation to
make any such Property Advance that it is so requested by the Special Servicer to make, within five (5) Business Days (or, in
the case of an Emergency Advance, two (2) Business Days) of the Master Servicer’s receipt of such request. The Special Servicer
shall have no obligation to make any Property Advance; provided that the Special Servicer may in its sole discretion elect
to make an Emergency Advance, and the Master Servicer shall reimburse the Special Servicer for such Property Advance (with interest
thereon), provided that such Advance is not determined by the Master Servicer, in accordance with the Servicing Standard, to be
nonrecoverable. The Master Servicer shall be entitled to reimbursement for any Advance made by it at the direction of the Special
Servicer, together with interest thereon at the same time, in the same manner and to the same extent as the Master Servicer is
entitled with respect to any other Advances made thereby.

 

(f)           Within five (5) Business Days of making an Emergency Advance pursuant to the proviso to the penultimate sentence of Section
3.20(e), the Special Servicer shall deliver to the Master Servicer a request for reimbursement for such Emergency Advance,
along with all information and documentation regarding the subject Emergency Advance as the Master Servicer may reasonably request,
and the Master Servicer shall be obligated, out of such Master Servicer’s own funds, to reimburse the Special Servicer for
any such unreimbursed Emergency Advances (other than any Emergency Advance determined by the Master Servicer, in accordance with
Section 3.20(c) of this Agreement, to be a Nonrecoverable Property Advance) made by the Special Servicer pursuant to the
proviso to the penultimate sentence of Section 3.20(e), together with interest thereon at the Advance Rate from the date
made to, but not including, the date of reimbursement. Such reimbursement and any accompanying payment of interest shall be made
within five (5) Business Days of the written request therefor pursuant to the preceding sentence by wire transfer of immediately
available funds to an account designated in writing by the Special Servicer. Upon the Master Servicer’s reimbursement to
the Special Servicer of any Emergency Advance and payment to the Special Servicer of interest thereon, all in accordance with
this Section 3.20(f), the Master Servicer shall for all purposes of this Agreement be deemed to have made such Emergency
Advance at the same time as the Special Servicer actually made such Emergency Advance, and accordingly, the Master Servicer shall
be entitled to be reimbursed for such Emergency Advance, together with interest thereon at the Advance Rate, at the same time,
in the same manner and to the same extent as the Master Servicer would otherwise have been entitled

 

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if
it had actually made such Emergency Advance at the time the Special Servicer did. Notwithstanding the foregoing provisions of
this Section 3.20(f), the Master Servicer shall not be required to reimburse the Special Servicer for any Emergency Advance
if the Master Servicer determines in accordance with Section 3.20(c) of this Agreement that such Emergency Advance, although
not characterized by the Special Servicer as a Nonrecoverable Property Advance, is in fact a Nonrecoverable Property Advance.
The Master Servicer shall notify the Special Servicer in writing of such determination and, if applicable, such Nonrecoverable
Property Advance shall be reimbursed to the Special Servicer pursuant to Section 3.06(a) of this Agreement.

 

Section
3.21    Appointment of Special Servicer; Asset Status Reports.

 

(a)           KeyBank National Association is hereby appointed as the initial Special Servicer to specially service each of the Mortgage Loans
(other than the Outside Serviced Mortgage Loans) and each Serviced Loan Combination.

 

(b)          The Special Servicer, at the earlier of (x) within 60 days after a Servicing Transfer Event occurs and (y) prior to taking action
with respect to any Major Decision (or making a determination not to take action with respect to a Major Decision) with respect
to a Specially Serviced Loan, shall prepare a report (the “Asset Status Report”) for the related Mortgage Loan
or Serviced Loan Combination. Each Asset Status Report shall be delivered in electronic format to the Operating Advisor (subject
to Section 3.21(e) of this Agreement), any applicable Directing Holder, any applicable Consulting Parties and, for posting
to the Rule 17g-5 Information Provider’s Website pursuant to Section 12.13 of this Agreement, the Rule 17g-5 Information
Provider; provided, however, the Special Servicer shall not be required to deliver an Asset Status Report to the
related Directing Holder if they are the same entity. Prior to the occurrence and continuance of a Control Termination Event,
the Special Servicer shall deliver to the Operating Advisor each Final Asset Status Report promptly after such Final Asset Status
Report has been approved or deemed approved. The Special Servicer shall notify the Operating Advisor of whether any Asset Status
Report delivered to the Operating Advisor is a Final Asset Status Report, which notification may be satisfied by (i) delivery
of an Asset Status Report that is either signed by the applicable Directing Holder or that otherwise includes an indication that
such Asset Status Report is deemed approved due to the passage of any required consent or consultation time period or (ii) such
other method as reasonably agreed to by the Operating Advisor and the Special Servicer. The Special Servicer shall deliver a summary
of each Final Asset Status Report to the Certificate Administrator. Such Asset Status Report shall be consistent with the Servicing
Standard and set forth the following information to the extent reasonably determinable:

 

(i)          summary of the status of the related Mortgage Loan or Serviced Loan Combination and any negotiations with the Mortgagors;

 

(ii)
         if a Servicing Transfer Event has occurred and is continuing:

 

(A)         a discussion of the legal and environmental considerations reasonably known at such time to the Special Servicer, consistent with
the Servicing Standard, that are applicable to the exercise of remedies as aforesaid and to the enforcement of any related guaranties
or other collateral for the Mortgage Loan or Serviced Loan Combination and whether outside legal counsel has been retained;

 

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(B)         the most current rent roll and income or operating statement available for the related Mortgaged Properties;

 

(C)         the Special Servicer’s recommendations on how the related Mortgage Loan might be returned to performing status or otherwise
realized upon;

 

(D)
        a copy of the last obtained Appraisal of the Mortgaged Property;

 

(E)         the status of any foreclosure actions or other proceedings undertaken with respect thereto, any proposed workouts with respect
thereto and the status of any negotiations with respect to such workouts, and an assessment of the likelihood of additional defaults
under the related Mortgage Loan or Serviced Loan Combination;

 

(F)         a description of any amendment, modification or waiver of a material term of any ground lease; and

 

(G)         if the Special Servicer elects to proceed with a non-judicial foreclosure, then a statement as to (i) whether there was a violation
of a non-recourse carve-out under the related Mortgage Loan or Serviced Loan Combination and (ii) any determination not to pursue
a deficiency judgment against the related Mortgagor or guarantor;

 

(iii)
        a description of any such proposed or taken actions;

 

(iv)         the alternative courses of action that were or are being considered by the Special Servicer in connection with the proposed or
taken actions;

 

(v)          the decision that the Special Servicer made, or intends or proposes to make, including a narrative analysis setting forth the
Special Servicer’s rationale for its proposed decision, including its rejection of the alternatives;

 

(vi)         an analysis of whether or not taking such proposed action is reasonably likely to produce a greater recovery on a present value
basis than not taking such action, setting forth (x) the basis on which the Special Servicer made such determination and (y) the
net present value calculation (including the applicable Calculation Rate used) and all related assumptions; and

 

(vii)        such other information as the Special Servicer deems relevant in light of the proposed or taken action and the Servicing Standard.

 

If
any applicable Directing Holder does not disapprove an Asset Status Report in writing within 10 Business Days of receiving such
Asset Status Report, then such Directing Holder shall be deemed to have approved such Asset Status Report and the Special Servicer
shall implement the recommended action as outlined in such Asset Status Report; provided, however, that the Special
Servicer may not take any action that is contrary to applicable law, the Servicing Standard or the terms of the applicable Loan
Documents. If the applicable Directing Holder disapproves such Asset Status Report within 10 Business Days of receipt and the
Special Servicer

 

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has
not made the affirmative determination contemplated below, the Special Servicer shall revise such Asset Status Report and deliver
to the Operating Advisor (subject to Section 3.21(e) of this Agreement), any applicable Directing Holder, any applicable
Consulting Party, any related Serviced Companion Loan Holder(s) (in the case of a Serviced Loan Combination) and, for posting
to the Rule 17g-5 Information Provider’s Website pursuant to Section 12.13 of this Agreement, the Rule 17g-5 Information
Provider a new Asset Status Report as soon as practicable, but in no event later than 30 days after such disapproval. The Special
Servicer shall revise such Asset Status Report as described above until the applicable Directing Holder shall fail to disapprove
such revised Asset Status Report in writing within 10 Business Days of receiving such revised Asset Status Report or until the
Special Servicer makes a determination, consistent with the Servicing Standard, that such objection is not in the best interests
of all the Certificateholders, the Uncertificated VRR Interest Owners and, if applicable, the related Serviced Companion Loan
Holder(s) (as a collective whole as if such Certificateholders, the Uncertificated VRR Interest Owners and/or Serviced Companion
Loan Holder(s), if applicable, constitute a single lender (and, in the case of a Serviced AB Loan Combination, taking into account
the subordinate nature of the related Subordinate Companion Loan(s))). The Special Servicer may, from time to time, modify any
Asset Status Report it has previously delivered and implement such report, provided such report shall have been prepared,
reviewed and not rejected pursuant to the terms of this Section 3.21(b). If the applicable Directing Holder does not approve
an Asset Status Report within 60 Business Days from the first submission thereof, the Special Servicer shall take such action
as directed by such Directing Holder, provided such action does not violate the Servicing Standard (or, if such action
would violate the Servicing Standard, the Special Servicer shall take such action as was reflected in the most recent Asset Status
Report prepared by the Special Servicer with respect to the subject Serviced Loan that is consistent with the Servicing Standard
and such Asset Status Report shall be deemed a Final Asset Status Report). Notwithstanding the foregoing, if the Special Servicer
determines that emergency action is necessary to protect the related Mortgaged Property or the interests of the Certificateholders,
the Uncertificated VRR Interest Owners and any related Serviced Companion Loan Holder(s), or if a failure to take any such action
at such time would be inconsistent with the Servicing Standard, the Special Servicer may take actions with respect to the related
Mortgaged Property before the expiration of a 10 Business Day period if the Special Servicer reasonably determines in accordance
with the Servicing Standard that failure to take such actions before the expiration of a 10 Business Day period would materially
and adversely affect the interest of the Certificateholders, the Uncertificated VRR Interest Owners and any related Serviced Companion
Loan Holder(s) (if applicable) and the Special Servicer has made a reasonable effort to contact the applicable Directing Holder
(during the period that such Directing Holder has approval rights); provided that the foregoing shall not relieve the Special
Servicer of its duties to comply with the Servicing Standard. If the Special Servicer acts or intends to act in accordance with
either of the prior two sentences, then the Special Servicer shall act in accordance with the most recent Asset Status Report
provided by the Special Servicer with respect to the subject Serviced Loan that is consistent with the Servicing Standard and
such Asset Status Report shall be deemed a Final Asset Status Report. To the extent that the Special Servicer received notice
of an Excluded Controlling Class Mortgage Loan (in the form of Exhibit M-1C or M-1F), any Asset Status Report or
Excluded Information delivered with respect to an Excluded Controlling Class Mortgage Loan shall be labeled by the Special Servicer
with “Excluded Information” followed by the loan number and loan name.

 

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The
Special Servicer shall consult on a non-binding basis with any applicable Consulting Party in connection with each Asset Status
Report prior to finalizing and executing such Asset Status Report and any applicable Consulting Party shall be permitted to propose
alternative courses of action and provide other feedback within 10 Business Days of receipt of each Asset Status Report. The Special
Servicer shall consider any such proposals and other feedback from any such applicable Consulting Party and determine whether
any changes to its proposed Asset Status Report should be made, such determination being made in accordance with the Servicing
Standard and the other terms of this Agreement, but the Special Servicer will be under no obligation to revise such Asset Status
Report based on the input or comments of any applicable Consulting Party. In the event no applicable Consulting Party proposes
alternative courses of action within 10 Business Days after receipt of such Asset Status Report, the Special Servicer shall (subject
to the approval rights of any applicable Directing Holder) implement the Asset Status Report as proposed by the Special Servicer.

 

The
Special Servicer may choose to revise the Asset Status Report as it deems reasonably necessary in accordance with the Servicing
Standard to take into account any input and/or recommendations of any applicable Consulting Party, but is under no obligation
to follow any particular recommendation of any applicable Consulting Party. From and after the Closing Date, the Controlling Class
Representative shall have no right to receive any Asset Status Report related to an Excluded Mortgage Loan or otherwise to consent
or object thereto under this Section 3.21(b) or consult with the Special Servicer with respect to any matter set forth
therein. Notwithstanding anything herein to the contrary, a Risk Retention Consultation Party shall have no right to receive any
Asset Status Report with respect to any related Excluded RRCP Mortgage Loan.

 

With
respect to a Servicing Shift Loan Combination that is a Serviced Outside Controlled Loan Combination, prior to the related Servicing
Shift Date, no request for approval of the Controlling Class Representative shall be made on any matter related to such Servicing
Shift Loan Combination, nor shall the Controlling Class Representative have the right to approve Asset Status Reports related
to such Servicing Shift Loan Combination, except that the Controlling Class Representative (prior to the occurrence and continuance
of a Consultation Termination Event and only if the related Servicing Shift Mortgage Loan is not an Excluded Mortgage Loan) may
exercise the consultation rights, if any, of the holder of the related Servicing Shift Mortgage Loan with respect to Asset Status
Reports, Major Decisions and any proposed sale of such Servicing Shift Mortgage Loan set forth in the applicable Co-Lender Agreement.
With respect to a Servicing Shift Loan Combination that is a Serviced Outside Controlled Loan Combination and any related REO
Property, prior to the related Servicing Shift Date, the Outside Controlling Note Holder with respect to such Servicing Shift
Loan Combination shall exercise all approval rights regarding any Asset Status Report in respect of such Servicing Shift Loan
Combination or REO Property set forth in the second paragraph of this Section 3.21(b) without regard to the occurrence
of any Control Termination Event or Consultation Termination Event. Notwithstanding the foregoing, after the occurrence and during
the continuance of a Control Termination Event, the Operating Advisor will be entitled to consult on a non-binding basis with
the Special Servicer and propose alternative courses of action and provide other feedback in respect of any Asset Status Report,
Major Decisions and any proposed sale of such Servicing Shift Mortgage Loan while it is serviced hereunder. The Special Servicer
may choose to revise the Asset Status Report as it deems reasonably necessary in accordance with the Servicing Standard to take
into account any input

 

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and/or
recommendations of the Operating Advisor after the occurrence and during the continuance of a Control Termination Event or the
Controlling Class Representative after the occurrence and during the continuance of a Control Termination Event but prior to the
occurrence of a Consultation Termination Event, but is under no obligation to follow any particular recommendation of the Operating
Advisor or Controlling Class Representative.

 

(c)          Subject to Section 3.21(b) of this Agreement, during the continuance of a Servicing Transfer Event, the Special Servicer
shall have the authority to meet with the related Mortgagors and take any actions consistent with the Servicing Standard and the
most recent Asset Status Report for the related Mortgage Loan.

 

(d)          Upon request of any Certificateholder (or any Certificate Owner, if applicable, which shall have provided the Certificate Administrator
with an Investor Certification), the Certificate Administrator shall mail, without charge, to the address specified in such request
a copy of the summary of the Final Asset Status Report for each Specially Serviced Loan; provided that an Excluded Controlling
Class Holder shall not be provided with any Final Asset Status Report (or copy thereof) or the summary of any Final Asset Status
Report (or copy thereof) with respect to any Excluded Controlling Class Mortgage Loan with respect to which such Excluded Controlling
Class Holder is a Borrower Party.

 

(e)          Prior to the occurrence and continuance of a Control Termination Event, the Special Servicer shall deliver to the Operating Advisor
only each related Final Asset Status Report.

 

(f)           With respect to any Asset Status Report provided to the Operating Advisor pursuant to this Section 3.21, the Special Servicer
shall make available to the Operating Advisor one or more Servicing Officers with relevant knowledge regarding the applicable
Mortgage Loan and such Asset Status Report in order to address reasonable questions that the Operating Advisor may have relating
to, among other things, such Asset Status Report and potential conflicts of interest and compensation with respect to such Asset
Status Report.

 

(g)          Notwithstanding the foregoing, the Special Servicer shall not follow any advice, direction or consultation provided by a Directing
Holder or Consulting Party that would require or cause the Special Servicer to violate any applicable law, be inconsistent with
the Servicing Standard, require or cause the Special Servicer to violate provisions of this Agreement or the REMIC Provisions,
require or cause the Special Servicer to violate the terms of any Mortgage Loan or Serviced Loan Combination, any related Loan
Documents, any related Co- Lender Agreement or any intercreditor agreement, expose any Certificateholder, any Uncertificated VRR
Interest Owner, the Trust Fund, any Mortgage Loan Seller (other than with respect to enforcing the rights and remedies against
such Mortgage Loan Seller pursuant to this Agreement or the related Mortgage Loan Purchase Agreement with respect to any Material
Defect) or any party to this Agreement or their respective Affiliates, officers, directors, employees or agents to any claim,
suit or liability, cause any Trust REMIC to fail to qualify as a REMIC or the Grantor Trust to fail to qualify as a grantor trust
for federal income tax purposes, result in the imposition of a “prohibited transaction” or “prohibited contribution”
tax under the REMIC Provisions, materially expand the scope of any Special Servicer’s responsibilities under this Agreement
or any Co-Lender Agreement, or cause the Special Servicer to act, or fail to act, in a manner that in the reasonable judgment
of the Special Servicer is not in the best interests of the

 

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Certificateholders,
the Uncertificated VRR Interest Owners and/or the Serviced Companion Loan Holders. In addition, the Special Servicer is under
no obligation to act upon any recommendation of the Operating Advisor.

 

(h)          In order to comply with the laws, rules, regulations and executive orders in effect from time to time applicable to banking institutions,
including those relating to the funding of terrorist activities and money laundering (for the purposes of this clause (h), “Applicable
Laws”), the Special Servicer may be required to obtain, verify and record certain information relating to individuals
and entities which maintain a business relationship with the Special Servicer. Accordingly, each of the parties hereto agrees
to provide to the Special Servicer, upon its reasonable request, from time to time such identifying information and documentation
as may be readily available to such party in order to enable the Special Servicer to comply with Applicable Laws; provided that
the Special Servicer shall be responsible for all reasonable actual out-of-pocket expenses incurred by such party in connection
therewith.

 

Section
3.22 Transfer of Servicing Between Master Servicer and Special Servicer; Record Keeping.

 

(a)          Upon determining that any Serviced Loan has become a Specially Serviced Loan, the Master Servicer shall promptly give written
notice thereof to the Special Servicer, any related Serviced Companion Loan Holder (in the case of a Serviced Loan Combination),
the Operating Advisor, the Certificate Administrator, the Trustee, any applicable Directing Holder, any applicable Consulting
Party and, for posting to the Rule 17g-5 Information Provider’s Website pursuant to Section 12.13 of this Agreement,
the Rule 17g-5 Information Provider and shall promptly deliver a copy of the Servicing File to the Special Servicer and concurrently
provide a copy of such Servicing File to the Operating Advisor and shall use its reasonable efforts to provide the Special Servicer
with all information, documents (but excluding the original documents constituting the Mortgage File, but including copies thereof)
and records (including records stored electronically on computer tapes, magnetic discs and the like) relating to such Serviced
Loan and reasonably requested by the Special Servicer to enable it to assume its duties hereunder with respect thereto without
acting through a Sub-Servicer. The Master Servicer shall use its reasonable efforts to comply with the preceding sentence within
five (5) Business Days of the date such Serviced Loan became a Specially Serviced Loan and in any event shall continue to act
as Master Servicer and administrator of such Serviced Loan until the Special Servicer has commenced the servicing of such Serviced
Loan, which shall occur upon the receipt by the Special Servicer of the Servicing File. With respect to each such Serviced Loan
that becomes a Specially Serviced Loan, the Master Servicer shall instruct the related Mortgagor to continue to remit all payments
in respect of such Serviced Loan to the Master Servicer. The Master Servicer shall forward any notices it would otherwise send
to the Mortgagor of such a Specially Serviced Loan to the Special Servicer who shall send such notice to the related Mortgagor.

 

Upon
determining that a Specially Serviced Loan has become a Corrected Loan, the Special Servicer shall promptly give written
notice thereof to the Master Servicer, the Trustee, the Operating Advisor, the Certificate Administrator, any related
Serviced Companion Loan Holder, the related Directing Holder (prior to the occurrence and continuance of a Consultation
Termination Event with respect to the related Mortgage Loan) and, for posting to the Rule 17g-5 Information Provider’s
Website pursuant to Section 12.13 of this Agreement, the Rule 17g-5

 

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Information
Provider and, upon giving such notice and the return of the Servicing File to the Master Servicer, such Serviced Loan shall cease
to be a Specially Serviced Loan in accordance with the first proviso of the definition of Specially Serviced Loans, the Special
Servicer’s obligation to service such Serviced Loan shall terminate and the obligations of the Master Servicer to service
and administer such Serviced Loan as a Serviced Loan that is not a Specially Serviced Loan shall resume. In addition, if the related
Mortgagor has been instructed, pursuant to the preceding paragraph, to make payments to the Special Servicer, upon such determination,
the Special Servicer shall instruct the related Mortgagor to remit all payments in respect of such Specially Serviced Loan directly
to the Master Servicer.

 

(b)          In servicing any Specially Serviced Loan, the Special Servicer shall provide to the Custodian originals of documents included
within the definition of “Mortgage File” for inclusion in the related Mortgage File (to the extent such documents
are in the possession of the Special Servicer) and copies of any additional related Serviced Loan information, including written
or electronic correspondence with the related Mortgagor, and the Special Servicer shall promptly provide copies of all of the
foregoing to the Master Servicer as well as copies of any analysis or internal review prepared by or for the benefit of the Special
Servicer.

 

(c)          Notwithstanding the provisions of subsections (a) and (b) of this Section 3.22, the Master Servicer shall maintain
ongoing payment records with respect to each of the Specially Serviced Loans and, upon request, shall provide the Special Servicer
and the Operating Advisor with any information reasonably required by the Special Servicer or the Operating Advisor to perform
its duties under this Agreement to the extent such information is within the Master Servicer’s possession. Upon request,
the Special Servicer shall provide the Master Servicer and the Operating Advisor with any information reasonably required by the
Master Servicer or the Operating Advisor to perform its duties under this Agreement to the extent such information is within the
Special Servicer’s possession.

 

Section
3.23    Interest Reserve Account.

 

The
Certificate Administrator shall establish and maintain the Interest Reserve Account in the Certificate Administrator’s name,
on behalf of the Trustee, for the benefit of the Certificateholders. The Interest Reserve Account shall be established and maintained
as a non-interest bearing Eligible Account. On each Master Servicer Remittance Date occurring in January (except during a leap
year) or February (commencing in 2023) (unless, in either such case, the related Distribution Date is the final Distribution Date),
the Master Servicer shall remit to the Certificate Administrator for deposit into the Interest Reserve Account, in respect of
all the Mortgage Loans that accrue interest on the basis of a 360-day year and the actual number of days in the related month,
an amount equal to one day’s interest at the related Net Mortgage Rate on the Stated Principal Balance of each such Mortgage
Loan as of the close of business on the Distribution Date in the month preceding the month in which such Master Servicer Remittance
Date occurs, to the extent a Monthly Payment or P&I Advance is made in respect thereof (all amounts so deposited in any consecutive
January (if applicable) and February, “Withheld Amounts”). On or prior to the Master Servicer Remittance Date in March
(or February if the final Distribution Date occurs in such month) of each calendar year (commencing in 2023), the Certificate
Administrator shall transfer to the Lower-Tier REMIC Distribution Account the aggregate of all Withheld Amounts on deposit in
the Interest Reserve Account.

 

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Section
3.24    Modifications, Waivers, Amendments and Other Actions.

 

(a)           (i) With respect to any Performing Serviced Loan, the Master Servicer (if the related modification, waiver or amendment (A) does
not constitute a Special Servicer Decision or Major Decision or (B) constitutes a Special Servicer Decision or Major Decision
and the Master Servicer is processing such modification, waiver or amendment subject to the consent of the Special Servicer as
provided in the immediately succeeding paragraph), or (ii) with respect to any Specially Serviced Loan or (if the related modification,
waiver or amendment constitutes a Special Servicer Decision or Major Decision unless the Master Servicer is processing such modification,
waiver or amendment as provided in the immediately succeeding paragraph) any Performing Serviced Loan, the Special Servicer, in
each case subject to any consent rights of any applicable Directing Holder and/or the consultation rights of any applicable Consulting
Party (to the extent any such Directing Holder or Consulting Party has consent or consultation rights, as applicable, pursuant
to Section 3.29, Section 6.09 or this Section 3.24, as applicable) and, to the extent required in accordance
with the related Co-Lender Agreement, any applicable consultation rights of any related Serviced Companion Loan Holder (or its
Companion Loan Holder Representative), may modify, waive or amend any term of any Serviced Loan if such modification, waiver or
amendment (A) is consistent with the Servicing Standard and (B) would not constitute a “significant modification”
of such Serviced Loan pursuant to Treasury Regulations Section 1.860G-2(b) and would not otherwise (1) cause any Trust REMIC to
fail to qualify as a REMIC or cause the Grantor Trust to fail to qualify as a grantor trust under subpart E, part I of subchapter
J of the Code for federal income tax purposes or (2) result in the imposition of a tax upon any Trust REMIC or the Trust Fund
(including but not limited to the tax on “prohibited transactions” as defined in Code Section 860F(a)(2) and the tax
on contributions to a REMIC set forth in Code Section 860G(d), but not including the tax on “net income from foreclosure
property” under Code Section 860G(c)). The Master Servicer and the Special Servicer may rely on an Opinion of Counsel with
respect to the determination described in clause (B) of the immediately preceding sentence.

 

In
addition, with respect to Performing Serviced Loans, to the extent any modification, waiver, amendment or other action constitutes
(i) a Major Decision or (ii) a Special Servicer Decision, the Master Servicer (if (1) the Master Servicer and the Special Servicer
have mutually agreed that the Master Servicer shall process such modification, waiver, amendment or other action, (2) such modification,
waiver, amendment or other action constitutes a Major Decision described in subclause (i) or (ii) of clause (r) of the definition
of “Major Decision” or (3) such modification, waiver, amendment or other action constitutes a Special Servicer Decision
described in clause (b), clause (c) or subclause (i) or (ii) of clause (e) of the definition of “Special Servicer Decision”)
shall obtain the consent of the Special Servicer, and, in each case, to the extent any modification, waiver, amendment or other
action constitutes a Major Decision, the Special Servicer shall obtain the consent of any applicable Directing Holder in accordance
with Section 6.09(a) of this Agreement, and shall consult with any applicable Consulting Party (to the extent required
pursuant to any related Co-Lender Agreement or pursuant to Section 3.21, Section 3.29, Section 6.09 or this
Section 3.24, as applicable). With respect to any modification, waiver, amendment, consent or other action that constitutes
a Major Decision with regard to any Serviced Loan, the Special Servicer shall also obtain the consent of any applicable Directing
Holder in accordance with Section 6.09(a) of this Agreement and shall consult with any applicable Consulting Parties (to
the extent required pursuant to any related Co-Lender Agreement or pursuant to Section 3.21, Section 3.29, Section
6.09 or this Section 3.24).

 

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No
modification, waiver or amendment of any Co-Lender Agreement related to a Serviced Loan, or any action to enforce rights with
respect thereto, in each case, in a manner that materially and adversely affects the rights, duties and obligations of the Special
Servicer or the Master Servicer, as applicable, shall be permitted without the prior written consent of the Special Servicer or
the Master Servicer, as applicable.

 

The
Special Servicer shall process any modification, waiver, amendment or other action that constitutes a Major Decision or Special
Servicer Decision with respect to: (a) any Specially Serviced Loan; and (b) any Performing Serviced Loan unless the Special Servicer
and the Master Servicer have mutually agreed that the Master Servicer shall process such Major Decision or Special Servicer Decision
with respect to such Performing Serviced Loan (provided that, the Master Servicer shall, without the need for any such mutual
agreement, process (1) any Major Decision described in subclause (i) or (ii) of clause (r) of the definition of “Major Decision”
and (2) any Special Servicer Decision described in clause (b), clause (c) or subclause (i) or (ii) of clause (e) of the definition
of “Special Servicer Decision”) subject, in each case, to the consent of the Special Servicer as set forth below.

 

With
respect to Performing Serviced Loans, the Master Servicer, prior to taking (or making a determination not to take) any
action with respect to any modification, waiver, amendment, consent or other action that constitutes a Major Decision or a
Special Servicer Decision, shall refer the request to the Special Servicer, and the Special Servicer shall process the
request directly or, if mutually agreed to by the Special Servicer and the Master Servicer, the Master Servicer shall process
such request (provided that, the Master Servicer shall, without the need for any such mutual agreement, process (1) any Major
Decision described in subclause (i) or (ii) of clause (r) of the definition of “Major
Decision” with respect to any Performing Serviced Loan and (2) any Special Servicer Decision described in clause
(b), clause (c) or subclause (i) or (ii) of clause (e) of the definition of “Special
Servicer Decision” with respect to any Performing Serviced Loan) subject to the consent of the Special Servicer as set
forth below.

 

When
the Special Servicer’s consent is required with respect to any modification, waiver, amendment, consent or other action
that is a Major Decision or a Special Servicer Decision with respect to a Performing Serviced Loan (i.e., when (1) the Master
Servicer and Special Servicer have mutually agreed that the Master Servicer shall process such modification, waiver or amendment
with respect to a Performing Serviced Loan, (2) the Master Servicer is processing any Major Decision described in subclause
(i) or (ii) of clause (r) of the definition of “Major Decision” with respect to any Performing Serviced
Loan or (3) the Master Servicer is processing any Special Servicer Decision described in clause (b), clause (c)
or subclause (i) or (ii) of clause (e) of the definition of “Special Servicer Decision” with
respect to any Performing Serviced Loan, in each case, as set forth in the preceding paragraphs), the Master Servicer shall, in
a manner consistent with the Servicing Standard, provide the Special Servicer with written notice of any request for such modification,
waiver, amendment, consent or other action, accompanied by the Master Servicer’s written recommendation and analysis and
any and all information in the Master Servicer’s possession or reasonably available to it that the Special Servicer or,
with respect to a Major Decision, the related Directing Holder may reasonably request in order to withhold or grant its consent,
and in all cases the Special Servicer shall be entitled (subject to, with respect to Major Decision, in each case if applicable,
the consultation rights of any applicable Consulting Parties (to the extent required pursuant to any related Co-Lender Agreement
or pursuant to Section 3.21,

 

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Section
3.29, Section 6.09 or this Section 3.24), and the consent rights of the applicable Directing Holder (to the
extent required pursuant to any related Co-Lender Agreement or pursuant to Section 6.09 or this Section 3.24) and/or
the consultation rights of any related Serviced Companion Loan Holder or its Companion Loan Holder Representative) to approve
or disapprove such modification, waiver, amendment, consent or other action. The Special Servicer shall have 15 Business Days
(or, with respect to a Serviced Loan Combination, such longer period as required by the related Co-Lender Agreement, but in no
event less than 5 Business Days after the time period set forth in such Co-Lender Agreement for review by any related Serviced
Companion Loan Holder or its Companion Loan Holder Representative) (or 60 days with respect to an Acceptable Insurance Default),
from the date that the Special Servicer receives the Master Servicer’s written analysis and recommendation and any supporting
information it requested from the Master Servicer, to analyze and approve such modification, waiver, amendment, consent or other
action and, prior to the end of such 15 Business Day period or such longer period if required by the applicable Co-Lender Agreement
or 60-day period (with respect to an Acceptable Insurance Default), as applicable, the Special Servicer shall notify any applicable
Directing Holder of such request for approval of each such modification, waiver, amendment, consent or other action that constitutes
a Major Decision and provide its written analysis and recommendation (or, in the case of any action that constitutes a Major Decision,
the Major Decision Reporting Package) with respect thereto. Following such notice, the applicable Directing Holder shall have
10 Business Days (or, in the case of a determination of an Acceptable Insurance Default, 20 days) from the date it receives from
the Special Servicer the recommendation and analysis of the Master Servicer or the Special Servicer (or, in the case of any action
that constitutes a Major Decision, the related Major Decision Reporting Package), as applicable, and any other information it
may reasonably request (or, with respect to a Serviced Loan Combination, such longer time period as may be provided in the related
Co-Lender Agreement) to approve any recommendation of the Special Servicer or the Master Servicer relating to any such request
for approval of modification, waiver, amendment, consent or other action that constitutes a Major Decision. In any such event,
if the applicable Directing Holder does not respond to a request for approval by 5:00 p.m. on the 10th Business Day (or, with
respect to a Serviced Loan Combination, such longer time period as may be provided in the related Co-Lender Agreement) or 20th
day, as applicable, after receipt of the applicable recommendation and analysis (or, in the case of any action that constitutes
a Major Decision, the related Major Decision Reporting Package) and other requested information as set forth in the preceding
sentence, the Special Servicer or the Master Servicer, as applicable, may deem its recommendation approved by the applicable Directing
Holder, and if the Special Servicer does not respond to a request for approval within the required 15 Business Days (or, with
respect to a Serviced Loan Combination, such longer period as required by the related Co-Lender Agreement, but in no event less
than 5 Business Days after the time period set forth in such Co-Lender Agreement for review by any related Serviced Companion
Loan Holder or its Companion Loan Holder Representative) or 60 days (with respect to an Acceptable Insurance Default), as applicable,
the Master Servicer may deem its recommendation approved by the Special Servicer.

 

With
respect to any Performing Serviced Loan, the Master Servicer, without the consent or consultation of the Special Servicer, any
applicable Consulting Parties and/or any applicable Directing Holder, shall process and determine whether to consent to or approve
any request by the related Mortgagor with respect to any action that is not (1) a Major Decision, (2) a

 

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Special
Servicer Decision or (3) an action with respect to which the Special Servicer’s consent is required pursuant to Section
3.09 of this Agreement.

 

(b)          All modifications, waivers or amendments of any Serviced Loan shall be in writing and shall be effected in a manner consistent
with the Servicing Standard. The Master Servicer or the Special Servicer, as applicable (in each case, if it is the party processing
the related modification, waiver or amendment pursuant to Section 3.24(a)), shall notify in writing the other such party,
the Trustee, the Certificate Administrator, the Depositor, any related Serviced Companion Loan Holder, any applicable Directing
Holder, any applicable Consulting Parties and, for posting to the Rule 17g-5 Information Provider’s Website pursuant to
Section 12.13 of this Agreement, the Rule 17g-5 Information Provider, in writing, of any modification, waiver or amendment
of any term of any Serviced Loan and the date thereof, and shall deliver a copy to the Trustee, any related Serviced Companion
Loan Holder (which, in the case of a Serviced Companion Loan that has been included in an Other Securitization Trust, shall be
deemed to be the related master servicer under the related Other Pooling and Servicing Agreement, unless the notifying party has
received written notice otherwise), any applicable Directing Holder and any applicable Consulting Parties, and the original to
the Certificate Administrator (or any Custodian appointed by it) of the recorded agreement relating to such modification, waiver
or amendment within 15 Business Days following the execution and recordation thereof. For the avoidance of doubt, the requirement
with respect to the delivery of assumption or substitution agreements shall be governed by Section 3.09.

 

(c)          Subject to Section 3.30 of this Agreement, any modification of any Loan Documents that requires obtaining a Rating Agency
Confirmation pursuant to such Loan Documents, or any modification that would eliminate, modify or alter the requirement of obtaining
a Rating Agency Confirmation in such Loan Documents, shall not be made without obtaining a Rating Agency Confirmation. The Rating
Agency Confirmation shall be obtained at the related Mortgagor’s expense in accordance with the related Loan Agreement or,
if not so provided in such Loan Agreement or if such Mortgagor does not pay, at the expense of the Trust Fund.

 

(d)          Promptly after any Mortgage Loan or Serviced Loan Combination becomes a Specially Serviced Loan, the Special Servicer shall request
from the Certificate Administrator the name of the current Controlling Class Representative and, if applicable, shall request
from the Master Servicer the name of the current related Serviced Companion Loan Holder(s). Upon receipt of the name of such current
Controlling Class Representative (from the Certificate Administrator, the Special Servicer shall notify the Controlling Class
Representative that such Mortgage Loan became a Specially Serviced Loan. Upon receipt of the name of such current related Serviced
Companion Loan Holder(s) from the Master Servicer, the Special Servicer shall notify the related Serviced Companion Loan Holder(s)
that the related Serviced Loan Combination became a Specially Serviced Loan. The Certificate Administrator shall be responsible
for providing the name of the current Controlling Class Representative only to the extent the Controlling Class Representative
has identified itself as such to the Certificate Administrator; provided that if the Controlling Class Representative is
determined pursuant to the proviso in the definition of “Controlling Class Representative”, then (A) the Certificate
Administrator shall determine which Class is the Controlling Class and (B) the Special Servicer shall request from the Certificate
Administrator, and the Certificate Administrator shall request from the Depository at the expense of the Trust, the list of Beneficial
Holders of the Controlling Class, and the Certificate

 

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Administrator
shall provide such list to the Special Servicer and the Master Servicer at the expense of the Trust Fund;.

 

(e)          Neither the Master Servicer nor the Special Servicer shall enter into, or structure (including, without limitation, by way of
the application of credits, discounts, forgiveness or otherwise), any modification, waiver, amendment, work-out, consent or approval
with respect to any Serviced Loan or Serviced Loan Combination in a manner that would have the effect of placing amounts payable
as compensation, or otherwise directly or indirectly reimbursable, to the Master Servicer or the Special Servicer in a higher
priority than that which is set forth in Sections 1.02(d), 1.02(e), 1.02(g) and/or 1.02(h) hereof
or in the related Co-Lender Agreement.

 

(f)           The Special Servicer or Master Servicer may, as a condition to granting any request by a Mortgagor for consent to a modification,
extension, waiver or indulgence or any other matter or thing, the granting of which is within its discretion pursuant to the terms
of the instruments evidencing or securing the related Mortgage Loan or Serviced Loan Combination and, further, pursuant to the
terms of this Agreement and applicable law, require that such Mortgagor pay to it a reasonable or customary fee for the additional
services performed in connection with such request and any related costs and expenses incurred by it; provided that the
charging of such fee would not be a “significant modification” of the Mortgage Loan within the meaning of Treasury
Regulations Section 1.860G-2(b).

 

(g)          Notwithstanding anything set forth in this Agreement, in no event shall the Special Servicer be permitted to:

 

(i)           extend the Maturity Date of a Serviced Loan beyond a date that is 5 years prior to the Rated Final Distribution Date of the rated
Certificates; or

 

(ii)          if the Serviced Loan is secured by a ground lease, extend the Maturity Date of such Serviced Loan beyond a date which is 20 years
or, to the extent consistent with the Servicing Standard, giving due consideration to the remaining term of the ground lease,
10 years prior to the end of the current term of such ground lease, plus any options to extend exercisable unilaterally by the
related Mortgagor.

 

(h)          In connection with (i) the release of a Mortgaged Property or any portion of a Mortgaged Property from the lien of the related
Mortgage or (ii) the taking of a Mortgaged Property or any portion of a Mortgaged Property by exercise of the power of eminent
domain or condemnation, if the related Loan Documents require the Master Servicer or the Special Servicer, as applicable, to calculate
(or require the Mortgagor to provide such calculation to the Master Servicer or the Special Servicer, as applicable) the loan-to-value
ratio of the remaining Mortgaged Property or Mortgaged Properties or the fair market value of the real property constituting the
remaining Mortgaged Property or Mortgaged Properties, for purposes of REMIC qualification of the related Serviced Mortgage Loan,
then, unless then permitted by the REMIC Provisions, such calculation shall exclude the value of personal property and going concern
value, if any. In connection with approving any such release or taking, the Master Servicer or Special Servicer, as applicable,
shall calculate the loan-to-value ratio in a manner consistent with the prior sentence, and if such calculation is greater than
125%, the Master Servicer or Special Servicer, as applicable, will require a payment of principal in an amount equal to or greater
than a “qualified amount” as

 

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determined
under Revenue Procedure 2010-30 or successor provisions unless the related Mortgagor provides an Opinion of Counsel that if such
amount is not paid the related Mortgage Loan will not fail to be a Qualified Mortgage.

 

(i)           If and to the extent that the Trust, as holder of an Outside Serviced Mortgage Loan, is entitled to exercise any consent and/or
consultation rights with respect to modifications, waivers and amendments or certain other major decisions under the applicable
Outside Servicing Agreement, (a) any such consent rights shall be exercised by the Controlling Class Representative (unless a
Control Termination Event exists or such Outside Serviced Mortgage Loan is an Excluded Mortgage Loan) or by the Special Servicer
(if a Control Termination Event exists or such Outside Serviced Mortgage Loan is an Excluded Mortgage Loan), in each case in accordance
with Section 3.01(i), and (b) any such consultation rights shall be exercised by the Controlling Class Representative (unless
a Consultation Termination Event exists or such Outside Serviced Mortgage Loan is an Excluded Mortgage Loan) or by the Special
Servicer (if a Consultation Termination Event exists or such Outside Serviced Mortgage Loan is an Excluded Mortgage Loan), in
each case in accordance with Section 3.01(i). The Master Servicer shall only be obligated to forward any requests received
from the related Outside Servicer or the related Outside Special Servicer, as applicable, for such consent and/or consultation
to the Special Servicer (who shall forward any such request to the Controlling Class Representative except if a Control Termination
Event or Consultation Termination Event, as applicable, has occurred and is continuing or if such Outside Serviced Mortgage Loan
is an Excluded Mortgage Loan and, following the occurrence and during the continuance of a Control Termination Event, to the Operating
Advisor (provided that the Operating Advisor shall be required to review such request only if and to the extent it has consultation
rights with respect thereto)), and the Master Servicer shall have no right or obligation to exercise any such consent or consultation
rights.

 

Section
3.25    Additional Obligations With Respect to Certain Mortgage Loans.

 

(a)           With respect to each Mortgage Loan (other than an Outside Serviced Mortgage Loan) with a Stated Principal Balance in excess of
$35,000,000, in connection with any replacement of the Manager for the related Mortgaged Property, the Master Servicer or Special
Servicer, as applicable, to the extent permitted by the related Loan Documents, shall require a Rating Agency Confirmation and
shall condition its consent to such replacement on the Mortgagor paying for such Rating Agency Confirmation.

 

(b)          With respect to any Mortgage Loan (other than an Outside Serviced Mortgage Loan), if any mezzanine loan is directly or indirectly
secured by any equity interest of the related Mortgagor, the Master Servicer (if (i) the related Mortgage Loan is a Performing
Serviced Loan and (ii) the performance of the particular obligation would not constitute a Special Servicer Decision or a Major
Decision) or the Special Servicer (if (i) the related Mortgage Loan is a Specially Serviced Loan or (ii) the performance of the
particular obligation would constitute a Special Servicer Decision or a Major Decision) shall perform the obligations of the Trust,
as holder of the related Mortgage Loan, or its servicer or agent under the related mezzanine loan intercreditor agreement.

 

Section
3.26    Certain Matters Relating to the Outside Serviced Mortgage Loans.

 

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(a)          With respect to each Outside Serviced Mortgage Loan, in the event that any of the related Outside Trustee, the related Outside
Servicer or the related Outside Special Servicer shall be replaced in accordance with the terms of the applicable Outside Servicing
Agreement, the Master Servicer and the Special Servicer shall acknowledge its successor as the successor to the related Outside
Trustee, the related Outside Servicer or the related Outside Special Servicer, as the case may be, in each case with reasonable
promptness following request therefor by a party to the applicable Outside Servicing Agreement. In addition to the foregoing,
with respect to each Servicing Shift Loan Combination, after the related Servicing Shift Date the related Mortgage Loan shall
be an Outside Serviced Mortgage Loan, and the rights, duties and obligations of the Trust and the parties to this Agreement shall
be as set forth herein with respect to Outside Serviced Mortgage Loans.

 

(b)          With respect to each Servicing Shift Loan Combination, prior to the related Servicing Shift Date, the Custodian shall hold the
Mortgage File with respect to such Servicing Shift Loan Combination. Following the related Servicing Shift Date and upon the transfer
of servicing of the related Servicing Shift Mortgage Loan to the related Outside Servicing Agreement in accordance with the related
Co-Lender Agreement, (i) the Certificate Administrator shall transfer (or cause any Custodian appointed by it to transfer) the
Mortgage File (other than the Note(s) evidencing the related Servicing Shift Mortgage Loan and corresponding allonges, the originals
of which shall be retained by the Custodian) for such Servicing Shift Loan Combination to the related Outside Trustee (provided
that the Custodian shall retain a photocopy of the Mortgage File) in accordance with the provisions and conditions set forth in
clause (B) of the second paragraph of Section 2.01(c) and (ii) the Master Servicer shall, upon written request, if the
Master Servicer is not the related Outside Servicer, transfer the Servicing File, any original letter of credit and any escrows
or reserve funds held for such Servicing Shift Loan Combination to the related Outside Servicer.

 

Section
3.27    Additional Matters Regarding Advance Reimbursement.

 

(a)          Upon
the determination that a previously made Advance is a Nonrecoverable Advance, to the extent that the reimbursement
thereof would exceed the full amount of the principal portion of general collections on the Mortgage Loans deposited in the
Collection Account, the Master Servicer, the Special Servicer or the Trustee, at its own option and in its sole discretion,
as applicable, instead of obtaining reimbursement for the remaining amount of such Nonrecoverable Advance pursuant to Section
3.06(a)(ii)(B) of this Agreement immediately, may elect to defer reimbursement for some or all such portion of the
Nonrecoverable Advance during the one-month Collection Period ending on the then-current Determination Date, for successive
one-month periods for a total not to exceed 12 months; provided that any deferral in excess of 6 months shall be
subject to the consent of the applicable Directing Holder; and provided further that, if it is an applicable Consulting
Party, the Controlling Class Representative must be consulted with. If the Master Servicer, the Special Servicer or the
Trustee makes such an election in its sole discretion to defer reimbursement with respect to all or a portion of a
Nonrecoverable Advance (together with interest thereon), then such Nonrecoverable Advance (together with interest thereon) or
portion thereof shall continue to be fully reimbursable in the subsequent Collection Period (subject, again, to the same sole
discretion option to defer; it is acknowledged that, in such a subsequent period, such Nonrecoverable Advance shall again be
reimbursable pursuant to Section 3.06(a)(ii)(B) of this Agreement). In connection with a potential

 

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election
by the Master Servicer, the Special Servicer or the Trustee to defer reimbursement of a particular Nonrecoverable Advance or portion
thereof during the one-month Collection Period ending on the related Determination Date for any Distribution Date, the Master
Servicer, the Special Servicer or the Trustee shall further be authorized to wait for principal collections to be received before
making its determination of whether to defer reimbursement of a particular Nonrecoverable Advance or portion thereof) until the
end of such Collection Period; provided, however, if, at any time the Master Servicer, the Special Servicer or the
Trustee, as applicable, determines that the reimbursement of a Nonrecoverable Advance during any Collection Period will exceed
the full amount of the principal portion of general collections deposited in the Collection Account for the related Distribution
Date, then the Master Servicer, the Special Servicer or the Trustee, as applicable, shall, through a posting to the Rule 17g-5
Information Provider’s Website pursuant to Section 12.13 of this Agreement, give the Rating Agencies at least 15
days’ notice prior to any reimbursement to it of Nonrecoverable Advances from amounts in the Collection Account allocable
to interest on the Mortgage Loans unless (1) the Master Servicer, the Special Servicer or the Trustee, as applicable, determines
in its sole discretion that waiting 15 days after such a notice could jeopardize the Master Servicer’s, the Special Servicer’s
or the Trustee’s, as applicable, ability to recover such Nonrecoverable Advances, (2) changed circumstances or new or different
information becomes known to the Master Servicer, the Special Servicer or the Trustee, as applicable, that could affect or cause
a determination of whether any Advance is a Nonrecoverable Advance, whether to defer reimbursement of a Nonrecoverable Advance
or the determination in clause (1) above, or (3) the Master Servicer or the Special Servicer, as applicable, has not timely received
from the Trustee information requested by the Master Servicer or the Special Servicer, as applicable, to consider in determining
whether to defer reimbursement of a Nonrecoverable Advance; provided that, if clause (1), (2) or (3) apply, the Master
Servicer, the Special Servicer or the Trustee, as applicable, shall, through a posting to the Rule 17g-5 Information Provider’s
Website pursuant to Section 12.13 of this Agreement, give Rating Agencies notice of an anticipated reimbursement to it
of Nonrecoverable Advances from amounts in the Collection Account allocable to interest on the Mortgage Loans as soon as reasonably
practicable in such circumstances. Subject to Section 12.13 of this Agreement, the Master Servicer, the Special Servicer
or the Trustee, as applicable, shall have no liability for any loss, liability or expense resulting from any notice provided to
Rating Agencies contemplated by the immediately preceding sentence. Any election by the Master Servicer, the Special Servicer
or the Trustee to defer reimbursing itself for any Nonrecoverable Advance (together with interest thereon) or portion thereof
with respect to any Collection Period shall not be construed to impose on the other such parties any obligation to make such an
election (or any entitlement in favor of any Certificateholder, any Uncertificated VRR Interest Owner or any other Person to such
an election) with respect to any subsequent Collection Period or to constitute a waiver or limitation on the right of the Master
Servicer, the Special Servicer or the Trustee to otherwise be reimbursed for such Nonrecoverable Advance immediately (together
with interest thereon). Any such election by the Master Servicer, the Special Servicer or the Trustee shall not be construed to
impose any duty on any other such party to make such an election (or any entitlement in favor of any Certificateholder, any Uncertificated
VRR Interest Owner or any other Person to such an election). Any such election by any such party to defer reimbursing itself or
obtaining reimbursement for any Nonrecoverable Advance or portion thereof with respect to any one or more Collection Periods shall
not limit the accrual of interest on such Nonrecoverable Advance for the period prior to the actual reimbursement of such Nonrecoverable
Advance. None of the Master Servicer, the Special

 

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Servicer,
the Trustee or the other parties to this Agreement will have any liability to one another or to any of the Certificateholders
or any Uncertificated VRR Interest Owner for any such election that such party makes to defer or not to defer reimbursing itself
as contemplated by this paragraph or for any losses, damages or other adverse economic or other effects that may arise from such
an election nor will such election constitute a violation of the Servicing Standard or any duty under this Agreement. The Master
Servicer’s, the Special Servicer’s or the Trustee’s, as applicable, election, if any, to defer reimbursement
of such Nonrecoverable Advances as set forth above is an accommodation to the Certificateholders and the Uncertificated VRR Interest
Owners and shall not be construed as an obligation on the part of the Master Servicer, the Special Servicer or the Trustee, as
applicable, or a right of the Certificateholders or the Uncertificated VRR Interest Owners. Nothing herein shall give the Master
Servicer, the Special Servicer or the Trustee the right to defer reimbursement of a Nonrecoverable Advance if there are principal
collections then available in the Collection Account pursuant to Section 3.06 of this Agreement or to defer reimbursement
of a Nonrecoverable Advance for an aggregate period exceeding 12 months.

 

(b)          If the Master Servicer is required to make a Property Advance, but does not do so within 15 days after the Property Advance is
required to be made, then the Trustee will be required: (i) if a Responsible Officer of the Trustee has actual knowledge of the
failure, to give the Master Servicer notice of its failure; and (ii) if the failure continues for three more Business Days, to
make the Advance unless the Trustee determines such advance to be a Nonrecoverable Advance.

 

Section
3.28    Serviced Companion Loan Intercreditor Matters.

 

(a)          If, pursuant to Section 2.03, Section 3.17 or Section 9.01 of this Agreement, any Mortgage Loan that relates
to a Serviced Loan Combination is purchased from, repurchased from or substituted out of, the Trust Fund, the subsequent holder
thereof shall be bound by the terms of the related Co-Lender Agreement and shall assume the rights and obligations of the holder
of the Note that represents the related Mortgage Loan under such Co-Lender Agreement. Subject to the provisions of the related
Co-Lender Agreement regarding servicing and custodial responsibilities: (i) all portions of the related Mortgage File and (to
the extent provided under the related Mortgage Loan Purchase Agreement) other documents pertaining to such Mortgage Loan shall
be endorsed or assigned to the extent necessary or appropriate to the purchaser of such Mortgage Loan in its capacity as the holder
of the Note that represents the related Mortgage Loan (as a result of such purchase, repurchase or substitution) and (except for
the actual Note) on behalf of the holder of the Note(s) that represents the Serviced Companion Loan(s); (ii) thereafter, such
Mortgage File shall be held by the holder of the Note that represents the related Mortgage Loan or a custodian appointed thereby
for the benefit thereof, on behalf of itself and the holder of the related Serviced Companion Loan(s) as their interests appear
under the related Co-Lender Agreement; and (iii) if the related Servicing File is not already in the possession of such party,
it shall be delivered to the master servicer or special servicer, as the case may be, under any separate servicing agreement for
the Serviced Loan Combinations.

 

(b)          With respect to each Serviced Companion Loan, notwithstanding any rights the Operating Advisor or the Controlling Class Representative
hereunder may have to consult with respect to any action or other matter with respect to the servicing of such Serviced Companion
Loan, to the extent the related Co-Lender Agreement provides that such right is exercisable by the

 

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related
Serviced Companion Loan Holder or its Companion Loan Holder Representative or is exercisable in conjunction with any related Serviced
Companion Loan Holder, then (i) neither the Operating Advisor nor the Controlling Class Representative shall be permitted to exercise
such right or (ii) to the extent provided in the related Co-Lender Agreement, the Operating Advisor or the Controlling Class Representative,
as applicable, shall be required to exercise such right in conjunction with any related Serviced Companion Loan Holder or its
Companion Loan Holder Representative, as applicable. Additionally, notwithstanding anything in this Agreement to the contrary,
the Master Servicer or Special Servicer, as applicable, shall consult with, seek the approval of, or obtain the consent of the
holder of any Serviced Companion Loan or its Companion Loan Holder Representative with respect to any matters with respect to
the servicing of such Serviced Companion Loan to the extent required under related Co-Lender Agreement and shall not take such
actions requiring consent of or consultation with the Serviced Companion Loan Holder or its Companion Loan Holder Representative
without such consent or consultation. In addition, notwithstanding anything to the contrary, the Master Servicer or Special Servicer,
as applicable, shall deliver reports and notices to the Serviced Companion Loan Holder or its Companion Loan Holder Representative
(or the master servicer or special servicer for the related Other Securitization Trust on behalf of the Serviced Companion Loan
Holder) as required under the Co-Lender Agreement.

 

(c)           With respect to each Serviced Loan Combination, the Master Servicer shall prepare, or cause to be prepared, on an ongoing basis
a statement setting forth, to the extent applicable to such Serviced Loan Combination:

 

(i)           (A) the amount of the distribution from the related Loan Combination Custodial Account allocable to principal and (B) separately
identifying the amount of scheduled principal payments, balloon payments, principal prepayments made at the option of the Mortgagor
or other principal prepayments (specifying the reason therefor), net liquidation proceeds and foreclosure proceeds included therein
and information on distributions made with respect to the related Serviced Loan Combination;

 

(ii)          the amount of the distribution from the related Loan Combination Custodial Account allocable to interest and the amount of Default
Interest allocable to the related Serviced Loan Combination;

 

(iii)         the amount of the distribution to the related Serviced Companion Loan Holder, separately identifying the non-default interest,
principal and other amounts included therein, and if the distribution to a Serviced Companion Loan Holder is less than the full
amount that would be distributable to such Serviced Companion Loan Holder if there were sufficient amounts available therefor,
the amount of the shortfall and the allocation thereof between interest and principal and the amount of the shortfall, if any,
under the related Serviced Loan Combination;

 

(iv)         the principal balance of each of the related Serviced Loan Combination and related Serviced Companion Loan after giving effect
to the distribution of principal on the most recent Distribution Date; and

 

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(v)          the amount of the servicing fees paid to the Master Servicer and the Special Servicer with respect to the most recent Distribution
Date, showing separately the Servicing Fee, the Special Servicing Fee, the Workout Fee and the Liquidation Fee.

 

Not
later than each Distribution Date, the Master Servicer shall make the foregoing statement available to the Serviced Companion
Loan Holder (or the master servicer or special servicer for the related Other Securitization Trust on its behalf) by electronic
means (which may include posting such information pursuant to the applicable CREFC® reports on the Master Servicer’s
website) and by such other means of delivery as required under the related Co-Lender Agreement.

 

(d)          If any Serviced Companion Loan becomes the subject of an Other PSA Asset Review pursuant to the related Other Pooling and Servicing
Agreement, the Master Servicer, the Special Servicer, the Trustee and the Certificate Administrator shall reasonably cooperate
(and the Certificate Administrator shall cause any Custodian appointed by it to reasonably cooperate) with the related Other Asset
Representations Reviewer in connection with such Other PSA Asset Review by providing the related Other Asset Representations Reviewer
with any documents reasonably requested by the related Other Asset Representations Reviewer, but only to the extent that (i) the
Other Asset Representations Reviewer has not been able to obtain such documents from the related Mortgage Loan Seller and (ii)
such documents are in the possession of the Master Servicer, the Special Servicer, the Trustee, the Certificate Administrator
or any Custodian appointed by the Certificate Administrator, as the case may be. For the avoidance of doubt, none of the Master
Servicer, the Special Servicer, the Trustee, the Certificate Administrator or the Custodian shall have other obligations with
respect to any such Other PSA Asset Review nor shall any such party be bound by the results of any such asset review.

 

(e)          With respect to any Other Pooling and Servicing Agreement that satisfies Regulation RR in whole or in part through the purchase
by a third party purchaser of an eligible horizontal residual interest pursuant to Rule 7 of Regulation RR (a “Regulation
RR Other PSA”), at any time that the Special Servicer has received written notice of such Regulation RR Other PSA and
that an Other Operating Advisor Consultation Trigger Event has occurred under such Regulation RR Other PSA because such eligible
horizontal residual interest has been reduced as set forth under Rule 7(b)(6)(iv) of Regulation RR, the Special Servicer shall
consult with the related Other Operating Advisor under such Other Pooling and Servicing Agreement with respect to any decisions
that are Major Decisions with respect to the related Serviced Companion Loan. Such consultation shall be on a non-binding basis
and shall be performed in accordance with the same process for consultations between the Special Servicer and Operating Advisor
with respect to Major Decisions under this Agreement.

 

(f)           With respect to each Serviced AB Loan Combination with respect to which the holder of any related Serviced Subordinate Companion
Loan is entitled under the related Co-Lender Agreement to avoid its applicable “control appraisal period” (or analogous
concept) by posting cash or letter of credit as collateral (a “Threshold Event Collateral”), the Special Servicer
shall administer any such Threshold Event Collateral in accordance with the terms of the related Co-Lender Agreement. Any Threshold
Event Collateral posted by a Serviced Subordinate Companion Loan Holder shall be held in an outside reserve fund which shall not
be an asset of any Trust REMIC, and the party that posted such Threshold Event Collateral shall be the owner of

 

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such
outside reserve fund, all within the meaning of Treasury Regulations Section 1.860G-2(h). Upon a Final Recovery Determination
with respect to any such Serviced AB Loan Combination, the Special Servicer shall transfer any related Threshold Event Collateral
held in the form of cash (or, if the related Threshold Event Collateral is a letter of credit, the proceeds of such Threshold
Event Collateral) to the related Loan Combination Custodial Account, which such transferred amount shall be treated as Liquidation
Proceeds and applied in accordance with the terms of the related Co-Lender Agreement and Section 3.06A of this Agreement.

 

(g)          The Master Servicer shall maintain a register (the “Serviced Companion Loan Holder Register”) with respect
to each Serviced Companion Loan on which the Master Servicer shall record the names and addresses of, and wire transfer instructions
for, the Serviced Companion Loan Holders from time to time, to the extent such information is provided in writing to the Master
Servicer by a Serviced Companion Loan Holder. The name and address of each initial Serviced Companion Loan Holder as of the Closing
Date is set forth on Exhibit NN hereto. The Master Servicer shall be entitled to conclusively rely upon the information
delivered by any Serviced Companion Loan Holder until it receives notice of transfer or of any change in information.

 

In
the event that a Serviced Companion Loan Holder transfers the related Serviced Companion Loan without notice to the Master Servicer,
the Master Servicer shall have no liability whatsoever for any misdirected payment on such Serviced Companion Loan and shall have
no obligation to recover and redirect such payment.

 

The
Master Servicer shall promptly provide the names and addresses of any Serviced Companion Loan Holder to any party hereto, any
related Companion Loan Note Holder or any successor thereto upon written request, and any such Person may, without further investigation,
conclusively rely upon such information. The Master Servicer shall have no liability to any Person for the provision of any such
names and addresses.

 

For
the avoidance of doubt, any notices or information required to be delivered pursuant to this Agreement by any party hereto to
a Serviced Companion Loan Holder with respect to a Serviced Companion Loan that has been included in an Other Securitization Trust
shall be provided to the Other Servicer under the related Other Pooling and Servicing Agreement.

 

Section
3.29    Appointment and Duties of the Operating Advisor.

 

(a)           Park Bridge Lender Services LLC is hereby appointed to serve as the initial Operating Advisor. The Operating Advisor shall at
all times be an Eligible Operating Advisor. The Operating Advisor shall at all times act in accordance with the Operating Advisor
Standard in fulfilling its responsibilities and obligations under this Agreement.

 

(b)          After the occurrence and during the continuance of a Control Termination Event, the Operating Advisor, as an independent contractor,
shall review (in connection with the Operating Advisor’s performance of its duties as contemplated under Sections 3.09,
3.17, 3.21, 3.24, 3.29 and 6.09, as applicable) the Special Servicer’s actions and decisions
in respect of Specially Serviced Loans and, solely in connection with Major Decisions as to which the Operating Advisor has consultation
rights following the occurrence and during the continuance of a Control

 

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Termination
Event, Performing Serviced Loans (in light of the Servicing Standard and the requirements of this Agreement), consult with the
Special Servicer regarding the Major Decisions and Asset Status Reports as contemplated by Section 3.29(h) and perform
each other obligation of the Operating Advisor as set forth in this Agreement, in each such case solely on behalf of the Trust
Fund and in the best interest of, and for the benefit of, the Certificateholders and the Uncertificated VRR Interest Owners (as
a collective whole), and not any particular Class of Certificateholders or the Uncertificated VRR Interest Owners, as determined
by the Operating Advisor in the exercise of its good faith and reasonable judgment, but without regard to any conflict of interest
arising from any relationship that the Operating Advisor or any of its Affiliates may have with any of the Mortgagors, any Sponsor,
any Mortgage Loan Seller, the Depositor, the Master Servicer, the Special Servicer, the Asset Representations Reviewer, the Directing
Holder, any Risk Retention Consultation Party or any of their respective Affiliates (the “Operating Advisor Standard”).
The Operating Advisor shall act solely as a contracting party to the extent set forth in this Agreement and shall not owe any
fiduciary duty to any party to this Agreement or any other Person in connection with this Agreement. The Operating Advisor’s
duties shall be limited to its specific obligations under this Agreement, and the Operating Advisor shall have no duty or liability
to any particular Class of Certificates or the Uncertificated VRR Interest or any Certificateholder or any Uncertificated VRR
Interest Owner. The Operating Advisor is not a servicer or a sub-servicer and will not be charged with changing the outcome on
any particular Specially Serviced Loan or with respect to any Major Decision on which it consults for a Performing Serviced Loan.
Each Uncertificated VRR Interest Owner and, by its acceptance of a Certificate, each Certificateholder acknowledges and agrees
that there could be multiple strategies to resolve any Specially Serviced Loan and a variety of actions or decisions made with
respect to any Major Decision and that the goal of the Operating Advisor’s participation is to provide additional input
relating to the Special Servicer’s compliance with the Servicing Standard in making its determinations as to which strategy
to execute. The Operating Advisor shall not owe any fiduciary duty to the Master Servicer, the Special Servicer or any other Person
in connection with this Agreement.

 

(c)           The Operating Advisor shall promptly review (i) all information available to Privileged Persons on the Certificate Administrator’s
Website with respect to the Special Servicer, assets on the CREFC® Servicer Watch List, Specially Serviced Loans
and, if a Control Termination Event exists, Major Decisions on Performing Serviced Loans, (ii) each Final Asset Status Report
delivered by the Special Servicer to the Operating Advisor, (iii) if a Control Termination Event exists, each other Asset Status
Report delivered by the Special Servicer to the Operating Advisor, (iv) each Major Decision Reporting Package delivered by the
Special Servicer to the Operating Advisor pursuant to Section 6.09(a) (A) in connection with the Operating Advisor’s
consultation rights with respect to the subject Major Decision regarding each Serviced Loan if a Control Termination Event exists,
and (B) with respect to the subject Major Decision regarding each Specially Serviced Loan when a Control Termination Event does
not exist, after the Special Servicer receives the Directing Holder’s approval or deemed approval of such Major Decision
Reporting Package, and (v) if specifically required to be delivered to the Operating Advisor under this Agreement, such other
reports, documents, certificates and other information prepared by the Special Servicer and received by the Operating Advisor,
as relate to the actions and decisions of the Special Servicer in respect of Specially Serviced Loans and, solely in connection
with Major Decisions as to which the Operating Advisor has consultation rights, Performing Serviced Loans. To the extent not otherwise
deliverable by the Special Servicer to the

 

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Operating
Advisor hereunder or available to the Operating Advisor on the Certificate Administrator’s Website, the Special Servicer
shall: (i) concurrently deliver to the Operating Advisor any and all reports provided by the Special Servicer to any of the other
parties to this Agreement or to the Uncertificated VRR Interest Owners or any Certificateholder or Certificate Owner, in each
case, to the extent that such reports relate to any Specially Serviced Loan or any Major Decision with respect to which the Operating
Advisor has consultation rights pursuant to Section 3.29(h) of this Agreement (provided, that, for so long as a
Control Termination Event does not exist, such reports shall exclude any Major Decision Reporting Package that does not relate
to a Specially Serviced Loan and any Asset Status Report that is not a Final Asset Status Report); and (ii) grant the Operating
Advisor adequate and timely access to information and reports prepared by or otherwise in the possession of the Special Servicer
necessary for the Operating Advisor to fulfill its duties under this Agreement.

 

(d)          After the occurrence and during the continuance of a Control Termination Event, the Operating Advisor shall review the Special
Servicer’s actions and decisions in light of the Servicing Standard and the requirements of this Agreement, with respect
to the applicable Specially Serviced Loan(s) and, solely in connection with Major Decisions as to which the Operating Advisor
has consultation rights pursuant to Section 3.29(h) of this Agreement, the applicable Performing Serviced Loans.

 

(e)          Following the occurrence and during the continuance of a Control Termination Event, based on the Operating Advisor’s review
of the following information (to the extent delivered to the Operating Advisor or made available to the Operating Advisor on the
Certificate Administrator’s Website): any annual compliance statement and any assessment of compliance delivered to the
Operating Advisor pursuant to Section 10.08 and Section 10.09 of this Agreement, as applicable; any attestation
report delivered to the Operating Advisor pursuant to Section 10.10 of this Agreement; any Major Decision Reporting Package;
any Final Asset Status Report and, during the continuance of a Control Termination Event, any other Asset Status Report; any other
reports made available to Privileged Persons on the Certificate Administrator’s Website during the prior calendar year that
the Operating Advisor is required to review pursuant to Section 3.29(c); and any other information (other than any communications
between the applicable Directing Holder, any Risk Retention Consultation Party or any Serviced Companion Loan Holder (or its Companion
Loan Holder Representative), as applicable, and the Special Servicer that would be Privileged Information) prepared by the Special
Servicer and delivered to the Operating Advisor under this Agreement, the Operating Advisor shall (if, during the prior calendar
year, (i) any Mortgage Loan was a Specially Serviced Mortgage Loan or (ii) there existed a Control Termination Event) prepare
and deliver to the Depositor, the Rule 17g-5 Information Provider (who shall promptly post such Operating Advisor Annual Report
on the Rule 17g-5 Information Provider’s Website), the Trustee and the Certificate Administrator (who shall promptly post
such Operating Advisor Annual Report on the Certificate Administrator’s Website), within 120 days of the end of the prior
calendar year an annual report (the “Operating Advisor Annual Report”). The Operating Advisor Annual Report
shall be substantially in the form of Exhibit R of this Agreement (which form may be modified or altered as to either its
organization or content by the Operating Advisor, subject to compliance of such form with the terms and provisions of this Agreement;
provided, that in no event shall the information or any other content included in the Operating Advisor Annual Report contravene
any provision of this Agreement). The Operating Advisor Annual Report shall set forth the Operating Advisor’s assessment
of the Special Servicer’s

 

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performance
of its duties under this Agreement during the prior calendar year. Subject to the restrictions in this Agreement, including, without
limitation, Section 3.29(b) of this Agreement, each such Operating Advisor Annual Report shall (A) state whether the Operating
Advisor believes, in its sole discretion exercised in good faith, that the Special Servicer is performing its duties in compliance
with (1) the Servicing Standard and (2) the Special Servicer’s obligations under this Agreement, and (B) identify any material
deviations with respect to such matters from (i)    the Servicing Standard or (ii) the Special Servicer’s
obligations under this Agreement, and (C) comply with all of the confidentiality requirements applicable to the Operating Advisor
with respect to Privileged Information provided for in this Agreement (subject to any permitted exceptions set forth in this Agreement).
In the event a lack of access to Privileged Information limits the Operating Advisor from performing its duties under this Agreement,
the Operating Advisor shall not be subject to any liability arising from its lack of access to Privileged Information. Such Operating
Advisor Annual Report shall be delivered to the Trustee, the Certificate Administrator, the Rule 17g-5 Information Provider and
the Depositor, and the Certificate Administrator and the Rule 17g-5 Information Provider shall promptly, upon receipt, post such
Operating Advisor Annual Report on the Certificate Administrator’s Website and the Rule 17g-5 Information Provider’s
Website, respectively; provided, however, that the Operating Advisor shall deliver to the Special Servicer and the
Controlling Class Representative (at any time that it is an applicable Directing Holder or Consulting Party), any annual report
produced by the Operating Advisor at least ten (10) calendar days prior to its delivery to the Depositor, the Trustee and the
Certificate Administrator. The Operating Advisor may, but shall not be obligated to, revise the Operating Advisor Annual Report
based on any comments received from the Special Servicer or the Controlling Class Representative. Notwithstanding the foregoing,
no Operating Advisor Annual Report shall be required from the Operating Advisor with respect to the Special Servicer if during
the prior calendar year no Asset Status Report was prepared by the Special Servicer in connection with a Specially Serviced Loan
or REO Property or was otherwise in the process of being implemented in connection with a Specially Serviced Loan or REO Property.
In the event the Special Servicer is replaced during the prior calendar year, the Operating Advisor shall only be required to
prepare an Operating Advisor Annual Report relating to each entity that was acting as Special Servicer as of December 31 of the
prior calendar year and is continuing in such capacity through the date of such Operating Advisor Annual Report. In preparing
an Operating Advisor Annual Report, the Operator Advisor is not required to report on instances of non-compliance with, or deviations
from, the Servicing Standard or the Special Servicer’s obligations under this Agreement that the Operating Advisor determines,
in accordance the Operating Advisor Standard, to be immaterial. In connection with the Operating Advisor Annual Report and the
reviews provided for above in this Section 3.29, following the occurrence and during the continuance of a Control Termination
Event, the Operating Advisor shall perform its review on the basis of the Special Servicer’s performance of its duties with
respect to Specially Serviced Loans and with respect to Major Decisions on Performing Serviced Loans, as well as the extent to
which those duties were performed in accordance with the Servicing Standard, with reasonable consideration by the Operating Advisor
of any annual compliance statement, any assessment of compliance and any attestation report delivered to the Operating Advisor
pursuant to Section 10.08, Section 10.09 and Section 10.10 of this Agreement, as applicable, or made available
to the Operating Advisor on the Certificate Administrator’s Website, any Asset Status Report, any Major Decision Reporting
Package and other information (other than any communications between the applicable Directing Holder, any Risk Retention Consultation
Party or any Serviced Companion Loan Holder (or its

 

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Companion
Loan Holder Representative), as applicable, and the Special Servicer that would be Privileged Information) that the Operating
Advisor is required to review on the Certificate Administrator’s Website or that is prepared by the Special Servicer and
delivered or made available to the Operating Advisor pursuant to this Agreement.

 

(f)           Prior to the occurrence and continuance of a Control Termination Event, the Special Servicer shall forward any Appraisal Reduction
Amount and Collateral Deficiency Amount with respect to, and net present value calculations used in the Special Servicer’s
determination of the course of action to be taken in connection with the workout or liquidation of, a Specially Serviced Loan,
to the Operating Advisor after such calculations have been finalized. The Operating Advisor shall review such calculations but
may not opine on, or otherwise call into question such Appraisal Reduction Amount, Collateral Deficiency Amount and/or net present
value calculations; provided, however, if the Operating Advisor discovers a mathematical error contained in such calculations,
then the Operating Advisor shall notify the Special Servicer of such error.

 

(g)          After the occurrence and during the continuance of a Control Termination Event, after the calculation but prior to the utilization
by the Special Servicer of any of the calculations with respect to an applicable Specially Serviced Loan related to (i) Appraisal
Reduction Amounts, (ii) Collateral Deficiency Amounts or (iii) net present value used in the Special Servicer’s determination
of the course of action to be taken in connection with the workout or liquidation of such Specially Serviced Loan, the Special
Servicer shall forward such calculations, together with any supporting material or additional information in the Special Servicer’s
possession or reasonably obtainable by the Special Servicer necessary in support thereof (including such additional information
reasonably requested by the Operating Advisor to confirm the mathematical accuracy of such calculations, but not including any
Privileged Information), to the Operating Advisor promptly, but in any event no later than two (2) Business Days after preparing
such calculations, and the Operating Advisor shall promptly, but no later than five (5) Business Days after receipt of such calculations
and any supporting or additional materials, recalculate and verify the accuracy of the mathematical calculations and the corresponding
application of the non-discretionary portion of the applicable formulas required to be utilized in connection with any such calculation.

 

In
connection with this Section 3.29(g), in the event the Operating Advisor does not agree with the mathematical calculations
in any material respect or does not agree with the application of the non-discretionary portions of the applicable formulas required
to be utilized for such calculation, the Operating Advisor and the Special Servicer shall consult with each other in order to
resolve any inaccuracy in the mathematical calculations or the application of the non-discretionary portions of the applicable
formulas in arriving at those mathematical calculations or any disagreement within five (5) Business Days of delivery of such
calculations to the Operating Advisor. In the event the Operating Advisor and Special Servicer are not able to resolve such inaccuracies
or disagreement prior to the end of such five (5) Business Day period, the Operating Advisor shall promptly notify the Certificate
Administrator of such disagreement and the Certificate Administrator shall determine which calculation is to apply. In making
such determination, the Certificate Administrator may hire an independent third-party to assist with any such calculation at the
expense of the Trust Fund.

 

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(h)          After the occurrence and during the continuance of a Control Termination Event, the Operating Advisor shall consult (on a non-binding
basis) with the Special Servicer in connection with (i) any Major Decision with respect to a Serviced Loan in accordance with
Section 3.24, Section 6.09 and this Section 3.29, (ii) each Asset Status Report in accordance with Section
3.21, and (iii) the matters set forth in, and in accordance with, Section 3.09 and Section 3.17(m), and in each
case, the Special Servicer or the Trustee, as applicable, shall consider any alternative courses of action and any other feedback
provided by the Operating Advisor. In connection with the Operating Advisor’s obligation to consult (on a non-binding basis)
with the Special Servicer with respect to Asset Status Report in accordance with Section 3.21, the Operating Advisor shall
propose, by written notice, alternative courses of action within 10 Business Days of receipt of each Asset Status Report to the
extent the Operating Advisor determines such alternatives to be in the best interest of the Certificateholders (including any
Certificateholders that were previously included in the Control Eligible Classes) and the Uncertificated VRR Interest Owners,
as a collective whole as if such Certificateholders and the Uncertificated VRR Interest Owners constituted a single lender. After
the occurrence and during the continuance of a Control Termination Event, the Operating Advisor shall consult with the Trustee
in connection with the matter set forth in, and in accordance with, Section 7.02. Notwithstanding the foregoing, the Operating
Advisor will have no consultation rights with respect to any Serviced AB Loan Combination prior to the occurrence and continuance
of both (i) a “control appraisal period” (or analogous concept) under the related Co-Lender Agreement and (ii) a Control
Termination Event.

 

(i)           Subject to the requirements of confidentiality imposed on the Operating Advisor herein (including without limitation in respect
of Privileged Information), the Operating Advisor shall respond to Inquiries relating to the Operating Advisor Annual Reports
or actions by the Master Servicer or the Special Servicer as to which the Operating Advisor has consultation rights, whether or
not referenced in any Operating Advisor Annual Report and made by Privileged Persons from time to time in accordance with the
terms of Section 4.02(a) of this Agreement.

 

(j)           Subject to the Privileged Information Exception, the Operating Advisor will be obligated to keep confidential any Privileged Information
received from the Special Servicer, the applicable Directing Holder, any Risk Retention Consultation Party or any related Serviced
Companion Loan Holder (or its Companion Loan Holder Representative) in connection with the exercise of the rights of the applicable
Directing Holder, such Risk Retention Consultation Party or such related Serviced Companion Loan Holder under this Agreement (including,
without limitation, in connection with the review and/or approval of any Asset Status Report), subject to any law, rule, regulation,
order, judgment or decree requiring the disclosure of such Privileged Information.

 

(k)          The Operating Advisor shall keep all Privileged Information confidential and shall not disclose such Privileged Information to
any Person (including Certificateholders and the Uncertificated VRR Interest Owners, other than the Controlling Class Representative),
other than (1) to the extent expressly required by this Agreement, to the other parties to this Agreement with a notice indicating
that such information is Privileged Information, (2) pursuant to a Privileged Information Exception or (3) when necessary to support,
and directly related to, specific findings or conclusions (i) in the Operating Advisor Annual Report or (ii) in connection with
a recommendation by the Operating Advisor for the replacement of the Special Servicer. Notwithstanding the foregoing, the Operating
Advisor, solely to the extent required in connection

 

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with
its duties under this Agreement, will be permitted to share Privileged Information with its Affiliates and any subcontractors
of the Operating Advisor provided such Affiliates and subcontractors of the Operating Advisor agree in writing prior to their
receipt of such Privileged Information to be bound by the same confidentiality provisions applicable to the Operating Advisor
described in this Agreement and a copy of such agreement is provided to the parties hereto. Each party to this Agreement that
receives Privileged Information from the Operating Advisor with a notice stating that such information is Privileged Information
shall not disclose such Privileged Information to any Person without the prior written consent of the Special Servicer and, as
applicable, any related Outside Controlling Note Holder (if a Serviced Outside Controlled Loan Combination is involved), the Risk
Retention Consultation Parties and/or, unless a Consultation Termination Event has occurred and is continuing, the Controlling
Class Representative other than pursuant to a Privileged Information Exception.

 

(l)            On each Master Servicer Remittance Date, the Operating Advisor shall be paid the applicable Operating Advisor Fee accrued on the
Mortgage Loans from amounts on deposit in the Collection Account, pursuant to Section 3.06 of this Agreement, and the applicable
Operating Advisor Fee accrued on a Mortgage Loan that is part of a Loan Combination from collections on such Mortgage Loan on
deposit in the related Loan Combination Custodial Account, pursuant to Section 3.06(A) of this Agreement. In addition,
the Operating Advisor Consulting Fee shall be payable to the Operating Advisor (but only to the extent such fee is actually received
from the related Mortgagor as a separately identifiable fee) with respect to each Major Decision for which the Operating Advisor
has consultation rights. Each of the Operating Advisor Fee and the Operating Advisor Consulting Fee shall be payable from funds
on deposit in the Collection Account as provided in Section 3.06 of this Agreement, but with respect to the Operating Advisor
Consulting Fee only to the extent such Operating Advisor Consulting Fee is actually received from the related Mortgagor. If the
Operating Advisor has consultation rights with respect to a Major Decision under this Agreement, the Master Servicer or the Special
Servicer, as applicable, shall use commercially reasonable efforts consistent with the Servicing Standard to collect the applicable
Operating Advisor Consulting Fee from the related Mortgagor in connection with such Major Decision, but only to the extent not
prohibited by the related Loan Documents, and shall deposit any Operating Advisor Consulting Fee so collected from the related
Mortgagor into the Collection Account. The Master Servicer or Special Servicer, as applicable, may waive or reduce the amount
of any Operating Advisor Consulting Fee payable by the related Mortgagor if it determines that such full or partial waiver is
in accordance with the Servicing Standard, but in no event shall the Master Servicer or the Special Servicer take any enforcement
action with respect to the collection of such Operating Advisor Consulting Fee other than requests for collection; provided
that the Master Servicer or the Special Servicer, as applicable, shall consult (on a non-binding basis) with the Operating
Advisor prior to any such waiver or reduction.

 

(m)          In no event shall the Operating Advisor have the power to compel any transaction party to take or refrain from taking any action.

 

Section
3.30    Rating Agency Confirmation.

 

(a)           Notwithstanding the terms of any related Loan Documents or other provisions of this Agreement, if any action under any Loan Documents
or this Agreement requires Rating Agency Confirmation as a condition precedent to such action, if the party (the “Requesting

 

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Party”)
required to obtain such Rating Agency Confirmation from each Rating Agency has made a request to any Rating Agency for such Rating
Agency Confirmation and if, within 10 Business Days of the Rating Agency Confirmation request being posted to the Rule 17g-5 Information
Provider’s Website, any Rating Agency has not granted such request, rejected such request or provided a Rating Agency Declination,
then (i) such Requesting Party shall promptly request the related Rating Agency Confirmation again, and (ii) if there is no response
to such second Rating Agency Confirmation request from the applicable Rating Agency within five (5) Business Days of such second
request, whether in the form of granting or rejecting such Rating Agency Confirmation request or providing a Rating Agency Declination,
then: (x) with respect to any condition in any Loan Document or related intercreditor agreement or Co-Lender Agreement requiring
a Rating Agency Confirmation or any other matter under this Agreement relating to the servicing of the Serviced Mortgage Loans
(other than as set forth in clause (y) or (z) below), the Requesting Party (or, if the Requesting Party is the related Mortgagor,
then the Master Servicer (with respect to Performing Serviced Loans if the subject action is not a Major Decision or a Special
Servicer Decision or the Master Servicer is processing a Major Decision or a Special Servicer Decision) or the Special Servicer
(with respect to Specially Serviced Loans and REO Properties and with respect to Performing Serviced Loans if the subject action
is a Major Decision or a Special Servicer Decision processed by the Special Servicer), as applicable) shall determine (with the
consent of the applicable Directing Holder (but in each case only in the case of actions that would otherwise be Major Decisions),
which consent shall be pursued by the Special Servicer and deemed given if such Directing Holder does not respond within seven
(7) Business Days of receipt of a request from the Special Servicer to consent to the Requesting Party’s determination),
in accordance with its duties under this Agreement and in accordance with the Servicing Standard, except as provided in Section
3.30(b), whether or not such action would be in accordance with the Servicing Standard, and if the Requesting Party (or, if
the Requesting Party is the related Mortgagor, then the Master Servicer or the Special Servicer, as applicable) makes such determination,
then the requirement to obtain a Rating Agency Confirmation shall not apply; (y) with respect to a replacement of the Master Servicer
or the Special Servicer, such condition shall be considered satisfied if: (1) the applicable replacement master servicer has a
master servicer rating of at least “CMS3” from Fitch or the applicable replacement special servicer has a special
servicer rating of at least “CSS3” from Fitch, if Fitch is the non-responding Rating Agency; (2) if DBRS Morningstar
is the non-responding Rating Agency, the applicable replacement master servicer or special servicer, as applicable, (A) has a
current ranking from DBRS Morningstar of at least “MOR CS3” or (B) if not ranked by DBRS Morningstar, is currently
acting as servicer or special servicer, as applicable, for a commercial mortgage-backed securities transaction rated by DBRS Morningstar
and as to which DBRS Morningstar has not cited servicing concerns with respect to such servicer as the sole or material factor
in any qualification, downgrade or withdrawal of the ratings (or placement on “watch status” in contemplation of a
ratings downgrade or withdrawal, which placement on “watch status” has not been withdrawn within 60 days without any
ratings downgrade or withdrawal) of securities in such commercial mortgage-backed securities transaction serviced by the applicable
servicer prior to the time of determination; (3) if Moody’s is the non-responding Rating Agency, (A) the applicable replacement
master servicer or special servicer, as applicable, has confirmed in writing that it was appointed to act, and as of the date
of determination is acting, as the servicer or special servicer, as applicable, on a transaction level basis of a CMBS transaction
with respect to which Moody’s rated one or more classes of securities and one or more of such classes of securities are
still outstanding and rated by Moody’s and (B)

 

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Moody’s
has not cited servicing concerns of the applicable replacement master servicer or special servicer, as applicable, as the sole
or material factor in any qualification, downgrade or withdrawal (or placement on “watch status” in contemplation
of a ratings downgrade or withdrawal) of the ratings of securities in any other CMBS transaction serviced by the applicable servicer
prior to the time of determination; and (z) with respect to a replacement or successor of the Operating Advisor, such condition
shall be deemed to be waived with respect to any non-responding Rating Agency so long as such Rating Agency has not cited concerns
regarding the replacement operating advisor as the sole or material factor in any qualification, downgrade or withdrawal of the
ratings (or placement on “watch status” in contemplation of a ratings downgrade or withdrawal) of securities in any
other CMBS transaction with respect to which the replacement operating advisor acts as trust advisor or operating advisor prior
to the time of determination.

 

Any
Rating Agency Confirmation request made by the Master Servicer, Special Servicer, Certificate Administrator, Operating Advisor
or Trustee, as applicable, pursuant to this Agreement, shall be made in writing, which writing shall contain a cover page indicating
the nature of the Rating Agency Confirmation request, and shall contain all back-up material reasonably necessary for the Rating
Agency to process such request, subject to Section 12.13. Such written Rating Agency Confirmation request shall be provided
in electronic format in accordance with Section 12.13(b) and the Master Servicer, Special Servicer, Certificate Administrator,
Operating Advisor or Trustee, as applicable, shall be required to send the Rating Agency Confirmation request to the Rating Agencies
in accordance with Section 12.13(b).

 

Promptly
following the Requesting Party’s (or, if the Requesting Party is the related Mortgagor, then the Master Servicer’s
or the Special Servicer’s, as applicable) determination to take any action discussed in this Section 3.30(a) without
receiving any required Rating Agency Confirmation, such Requesting Party (or the Master Servicer or the Special Servicer, as applicable)
shall provide electronic written notice in accordance with Section 12.13(b) of the action taken for the particular item
at such time and the Master Servicer, Special Servicer, Certificate Administrator or Trustee, as applicable, shall be required
to send the Rating Agency Confirmation request to the Rating Agencies in accordance with Section 12.13(b).

 

(b)          For the purposes of clause (ii) of Section 3.30(a), and notwithstanding anything to the contrary in Section 3.30(a),
with respect to the provisions of any Loan Document relating to defeasance (including without limitation the type of collateral
acceptable for use as defeasance collateral), release or substitution of any collateral, any applicable Rating Agency Confirmation
requirement in the Loan Documents shall not apply, even without the determination pursuant to Section 3.30(a)(ii)(x) by
the Requesting Party (or, if the Requesting Party is the related Mortgagor, by the Master Servicer (with respect to Performing
Serviced Loans if the subject action is not a Major Decision or a Special Servicer Decision or the Master Servicer is processing
a Major Decision or a Special Servicer Decision) or the Special Servicer (with respect to Specially Serviced Loans and REO Properties
and with respect to Performing Serviced Loans if the subject action is a Major Decision or a Special Servicer Decision processed
by the Special Servicer), as applicable); provided, that the Master Servicer (with respect to Performing Serviced Loans
if the subject action is not a Major Decision or a Special Servicer Decision or the Master Servicer is processing a Major Decision
or a Special Servicer Decision) or the Special Servicer (with respect to Specially Serviced Loans and REO Properties and with
respect to Performing Serviced Loans if the subject action is a Major Decision or a Special Servicer Decision processed by the
Special Servicer), as applicable,

 

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shall
in any event review the other conditions required under the related Loan Documents with respect to such defeasance, release or
substitution and confirm to its satisfaction in accordance with the Servicing Standard that such conditions (other than the requirement
for a Rating Agency Confirmation) have been satisfied.

 

(c)           For all other matters or actions (i) not specifically discussed in clause (ii)(x), (ii)(y) or (ii)(z) of Section 3.30(a)
above and (ii) that are not the subject of a Rating Agency Declination, the proposed action shall not be permitted to proceed
unless the applicable Requesting Party shall deliver Rating Agency Confirmation from each Rating Agency.

 

(d)          With respect to any Serviced Companion Loan as to which there exists Serviced Companion Loan Securities, if any action relating
to the servicing and administration of any or all of the related Serviced Loans or any related REO Property (including, but not
limited to, the replacement of the Master Servicer, the Special Servicer or a sub-servicer) (the “Relevant Action”)
requires delivery of a Rating Agency Confirmation as a condition precedent to such action pursuant to this Agreement, then, except
as set forth below in this paragraph, such action will also require delivery of a Companion Loan Rating Agency Confirmation as
a condition precedent to such action from each Companion Loan Rating Agency. Each Companion Loan Rating Agency Confirmation shall
be sought by the Master Servicer or Special Servicer, as applicable, depending on whichever such party is seeking the corresponding
Rating Agency Confirmation(s) in connection with the Relevant Action. The requirement to obtain a Companion Loan Rating Agency
Confirmation with respect to any Serviced Companion Loan Securities will be subject to, will be permitted to be waived by the
Master Servicer and the Special Servicer on, and will be deemed satisfied or not to apply on, the same terms and conditions applicable
to obtaining Rating Agency Confirmations, as set forth in this Agreement; provided, that the Master Servicer or Special
Servicer, as applicable, depending on which is seeking the subject Companion Loan Rating Agency Confirmation, shall forward to
one or more of its counterparts (i.e., the master servicer or special servicer, as applicable), the Rule 17g-5 Information Provider’s
counterpart for the related Other Securitization Trust, or such other party or parties (as are agreed to by the Master Servicer
or the Special Servicer, as applicable, and the applicable parties for the related Other Securitization Trust), at the expense
of the related Other Securitization Trust to the extent not borne by the related Mortgagor, and in such format as the sender and
recipient may reasonably agree, (i) the request for such Companion Loan Rating Agency Confirmation at least two (2) Business Days
before it is sent to the applicable Companion Loan Rating Agency, (ii) all materials forwarded to the Rule 17g-5 Information Provider
under this Agreement in connection with seeking the Rating Agency Confirmation(s) for the applicable Relevant Action at approximately
the same time that such materials are forwarded to the Rule 17g-5 Information Provider, and (iii) any other materials that the
applicable Companion Loan Rating Agency may reasonably request in connection with such Companion Loan Rating Agency Confirmation
promptly following such request.

 

(e)           Each of the Master Servicer and the Certificate Administrator shall, promptly following receipt of written request from the Special
Servicer, provide to the Special Servicer the contact information for the master servicer, the special servicer, the trustee,
the certificate administrator and the Rule 17g-5 Information Provider’s counterpart for an Other Securitization Trust, in
each case to the extent known to it.

 

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Section
3.31 General Acknowledgement Regarding Companion Loan Holders. Each Certificateholder and each Uncertificated VRR Interest
Owner acknowledges and agrees, by its acceptance of its Certificates or Uncertificated VRR Interest Portion, as applicable, that:
(i) each Companion Loan Holder may have special relationships and interests that conflict with those of the Uncertificated VRR
Interest Owners and/or Holders of one or more Classes of Certificates; (ii) each Companion Loan Holder may act solely in its own
interests; (iii) no Companion Loan Holder has any duty to the Uncertificated VRR Interest Owners or the Holders of any Class of
Certificates; and (iv)     no Companion Loan Holder shall have any liability whatsoever for having so
acted in its own interests, and neither the Uncertificated VRR Interest Owners nor any Certificateholder may take any action whatsoever
against any Companion Loan Holder or any director, officer, employee, agent or principal thereof for such Companion Loan Holder’s
having so acted in its own interests.

 

Section
3.32 Delivery of Excluded Information to the Certificate Administrator. Any Excluded Information that the Master
Servicer, the Special Servicer or the Operating Advisor identifies and delivers to the Certificate Administrator for posting
to the Certificate Administrator’s Website shall be delivered to the Certificate Administrator via e-mail (or such
other electronic means as is mutually acceptable to the parties) in one or more separate files labeled “Excluded
Information” followed by the applicable loan name and loan file to cmbsexcludedinformation@wellsfargo.com. For
the avoidance of doubt, any information that is not appropriately labeled and delivered in accordance with this Section
3.32 shall not be separately posted as Excluded Information on the Certificate Administrator’s Website, and any
information appropriately labeled and delivered to the Certificate Administrator pursuant to this Section 3.32 shall
be posted on the Certificate Administrator’s Website under the “Excluded Information” section, as provided
under Section 4.02 (unless a loan-by-loan segregation is later performed by the Certificate Administrator in which case
any information appropriately labeled and delivered to the Certificate Administrator pursuant to this Section 3.32
shall be posted on the Certificate Administrator’s Website in such a manner that an Excluded Controlling Class Holder
will only be prohibited from accessing Excluded Information with respect to those Excluded Controlling Class Mortgage Loan(s)
for which such Excluded Controlling Class Holder is a Borrower Party; provided that the foregoing shall not be
construed as an affirmative obligation for the Certificate Administrator to perform such segregation). When so posted, the
Excluded Controlling Class Holders shall be prohibited from accessing Excluded Information with respect to any Excluded
Controlling Class Mortgage Loans on the Certificate Administrator’s Website. None of the Master Servicer, the Special
Servicer or the Operating Advisor shall have any obligations to separately label and deliver any Excluded Information in
accordance with this Section 3.32 until such party has received written notice with respect to the related
Excluded Controlling Class Mortgage Loan in the form of Exhibit M-1C to this Agreement. Nothing set forth in this
Agreement shall prohibit the Controlling Class Representative or any Controlling Class Certificateholder from receiving,
requesting or reviewing any Excluded Information relating to any Excluded Controlling Class Mortgage Loan with respect to
which the Controlling Class Representative or such Controlling Class Certificateholder is not a Borrower Party and, if such
Excluded Information is not available on the Certificate Administrator’s Website, such Controlling Class Representative
or Controlling Class Certificateholder that is not a Borrower Party with respect to the related Excluded Controlling Class
Mortgage Loan shall be entitled to obtain (upon reasonable request) such information in accordance with Section
4.02(e) of this Agreement.

 

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ARTICLE
IV

 

DISTRIBUTIONS
TO CERTIFICATEHOLDERS

 

Section
4.01    Distributions.

 

(a)           (i) On each Master Servicer Remittance Date, the Master Servicer shall make the remittances and deposits specified in the first
paragraph of Section 4.06(a) of this Agreement. On or prior to the Master Servicer Remittance Date in March (or February
if the final Distribution Date occurs in such month) of each calendar year (commencing in 2023), pursuant to Section 3.23,
the Certificate Administrator shall withdraw from the Interest Reserve Account the aggregate of all Withheld Amounts on deposit
therein and shall deposit any such amounts in the Lower-Tier REMIC Distribution Account. On each Master Servicer Remittance Date,
the Certificate Administrator shall withdraw from the Excess Liquidation Proceeds Reserve Account and deposit in the Lower-Tier
REMIC Distribution Account any Excess Liquidation Proceeds required to be so transferred pursuant to Section 4.01(e) of
this Agreement. On each Distribution Date, the amounts that have been transferred to the Lower-Tier REMIC Distribution Account
from the Collection Account or as P&I Advances or Compensating Interest Payments or as otherwise contemplated by the preceding
sentences of this Section 4.01(a) shall be deemed distributed on the Lower-Tier Regular Interests to the Upper-Tier REMIC,
in accordance with Section 4.01(a)(ii) and the last paragraph of Section 4.01(d). Thereafter, such amounts shall
be considered to be held in the Upper-Tier REMIC Distribution Account until distributed to the Certificateholders and the Uncertificated
VRR Interest Owners.

 

(ii)          All distributions made in respect of interest on any Class of Non-Vertically Retained Principal Balance Certificates or in respect
of interest of the Class VRR Upper Tier Regular Interest on each Distribution Date pursuant to Section 4.01(b), Section
4.01(c) or Section 9.01 shall be deemed to have first been distributed from the Lower-Tier REMIC to the Upper-Tier
REMIC as interest in respect of its Corresponding Lower-Tier Regular Interest set forth in the Preliminary Statement hereto. All
distributions made in respect of interest on any Class of the Class X Certificates on each Distribution Date pursuant to Section
4.01(b) or Section 9.01, and allocable to any particular Component of such Class of Certificates in accordance with
the last paragraph of Section 4.01(b), shall be deemed to have first been distributed from the Lower-Tier REMIC to the
Upper-Tier REMIC as interest in respect of such Component’s Corresponding Lower-Tier Regular Interest. All distributions
made in respect of principal of any Class of Non-Vertically Retained Principal Balance Certificates or in respect of principal
of the Class VRR Upper-Tier Regular Interest on each Distribution Date pursuant to Section 4.01(b), Section 4.01(c)
or Section 9.01 shall be deemed to have first been distributed from the Lower-Tier REMIC to the Upper-Tier REMIC in
respect of principal of its Corresponding Lower-Tier Regular Interest set forth in the Preliminary Statement hereto. All reimbursements
(with interest) of applicable Realized Losses made in respect of any Class of Non-Vertically Retained Principal Balance Certificates
or in respect of the Class VRR Upper-Tier Regular Interest on each Distribution Date pursuant to Section 4.01(b), Section
4.01(c) or Section 9.01 shall be deemed to have first been distributed from the Lower-Tier REMIC to the Upper-Tier
REMIC as reimbursements

 

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(with
interest) of applicable Realized Losses, in respect of its Corresponding Lower-Tier Regular Interest.

 

(iii)         On each Distribution Date, Holders of the Class R Certificates shall receive distributions of any Aggregate Available Funds and
Yield Maintenance Charges remaining in the Lower-Tier REMIC Distribution Account in respect of the Lower-Tier Residual Interest
after all payments have been made to the Certificate Administrator as the holder of the Lower-Tier Regular Interests in accordance
with Section 4.01(a)(ii) and the last paragraph of Section 4.01(d).

 

(b)          On each Distribution Date, the Certificate Administrator shall withdraw from the Upper-Tier REMIC Distribution Account the amounts
on deposit in the Upper-Tier REMIC Distribution Account in respect of interest, principal and reimbursement of applicable Realized
Losses, to the extent of Non-Vertically Retained Available Funds on deposit therein, and distribute such amounts to the Holders
of each Class of Non-Vertically Retained Regular Certificates and to the Holders of the Class R Certificates in the amounts and
in the order of priority set forth below:

 

(i)           First, to the respective Holders of the Class A-1, Class A-2, Class A-3-1, Class A-3-2, Class A-4-1, Class A-4-2, Class
A-5, Class A-SB, Class X-A, Class X-D, Class X-F, Class X-G, Class X-H and Class X-J Certificates, in respect of interest, up
to an amount equal to, and pro rata in accordance with, the respective Interest Distribution Amounts of those Classes;

 

(ii)          Second, to the respective Holders of the Class A-1, Class A-2, Class A-3-1, Class A-3-2, Class A-4-1, Class A-4-2, Class
A-5 and Class A-SB Certificates, in reduction of the respective Certificate Balances thereof in the following priority (subject
to the penultimate paragraph of this Section 4.01(b)):

 

(A)            to the Holders of the Class A-SB Certificates, in reduction of the related Certificate Balance, up to an amount equal to the Principal
Distribution Amount for such Distribution Date, until the related Certificate Balance is reduced to the Class A-SB Scheduled Principal
Balance with respect to such Distribution Date;

 

(B)            to the Holders of the Class A-1 Certificates, in reduction of the related Certificate Balance, up to an amount equal to the Principal
Distribution Amount for such Distribution Date, less the portion of such Principal Distribution Amount distributed pursuant to
subclause (A) above, until the related Certificate Balance is reduced to zero;

 

(C)            to the Holders of the Class A-2 Certificates, in reduction of the related Certificate Balance, up to an amount equal to the Principal
Distribution Amount for such Distribution Date, less the portion of such Principal Distribution Amount distributed pursuant to
subclauses (A) and (B) above, until the related Certificate Balance is reduced to zero;

 

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(D)            to the Holders of the Class A-3-1 and Class A-3-2 Certificates, pro rata based on their respective related Certificate
Balances, in reduction of the related Certificate Balances, up to an amount equal to the Principal Distribution Amount for such
Distribution Date, less the portion of such Principal Distribution Amount distributed pursuant to subclauses (A) through (C) above,
until the related Certificate Balances are reduced to zero;

 

(E)             to the Holders of the Class A-4-1 and Class A-4-2 Certificates, pro rata based on their respective related Certificate
Balances, in reduction of the related Certificate Balances, up to an amount equal to the Principal Distribution Amount for such
Distribution Date, less the portion of such Principal Distribution Amount distributed pursuant to subclauses (A) through (D) above,
until the related Certificate Balances are reduced to zero;

 

(F)             to the Holders of the Class A-5 Certificates, in reduction of the related Certificate Balance, up to an amount equal to the Principal
Distribution Amount for such Distribution Date, less the portion of such Principal Distribution Amount distributed pursuant to
subclauses (A) through (E) above, until the related Certificate Balance is reduced to zero; and

 

(G)             to the Holders of the Class A-SB Certificates, in reduction of the related Certificate Balance, up to an amount equal to the Principal
Distribution Amount for such Distribution Date, less the portion of such Principal Distribution Amount distributed pursuant to
subclauses (A) through (F) above, until the related Certificate Balance is reduced to zero;

 

(iii)        
Third, to the respective Holders of the Class A-1, Class A-2, Class A-3-1, Class A-3-2, Class A-4-1, Class A-4-2, Class
A-5 and Class A-SB Certificates, up to an amount equal to, and pro rata based upon, the aggregate unreimbursed Realized
Losses previously allocated to each such Class, plus interest thereon at the Pass-Through Rate for such Class compounded monthly
from the date each related Realized Loss was allocated to such Class;

 

(iv)        Fourth, to the Holders of the Class A-S Certificates, in respect of interest, up to an amount equal to the Interest Distribution
Amount of that Class;

 

(v)         Fifth, after the Certificate Balances of the Class A-1, Class A-2, Class A-3-1, Class A-3-2, Class A-4-1, Class A-4-2,
Class A-5 and Class A-SB Certificates have been reduced to zero, to the Holders of the Class A-S Certificates, in reduction of
the related Certificate Balance, up to an amount equal to the Principal Distribution Amount for such Distribution Date, less the
portion of such Principal Distribution Amount distributed pursuant to all prior clauses, until the related Certificate Balance
is reduced to zero;

 

(vi)        Sixth, to the Holders of the Class A-S Certificates, up to an amount equal to the aggregate of unreimbursed Realized Losses
previously allocated to such Class, plus interest thereon at the Pass-Through Rate for such Class compounded monthly from the
date each related Realized Loss was allocated to such Class;

 

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(vii)        Seventh,
to the Holders of the Class B Certificates, in respect of interest, up to an amount equal to the Interest Distribution Amount
of that Class;

 

(viii)      Eighth, after the Certificate Balances of the Class A-1, Class A-2, Class A-3-1, Class A-3-2, Class A-4-1, Class A-4-2,
Class A-5, Class A-SB and Class A-S Certificates have been reduced to zero, to the Holders of the Class B Certificates, in reduction
of the related Certificate Balance, up to an amount equal to the Principal Distribution Amount for such Distribution Date, less
the portion of such Principal Distribution Amount distributed pursuant to all prior clauses, until the related Certificate Balance
is reduced to zero;

 

(ix)         Ninth, to the Holders of the Class B Certificates, up to an amount equal to the aggregate of unreimbursed Realized Losses
previously allocated to such Class, plus interest thereon at the Pass-Through Rate for such Class compounded monthly from the
date each related Realized Loss was allocated to such Class;

 

(x)          Tenth, to the Holders of the Class C Certificates, in respect of interest, up to an amount equal to the Interest Distribution
Amount of that Class;

 

(xi)         Eleventh, after the Certificate Balances of the Class A-1, Class A-2, Class A-3-1, Class A-3-2, Class A-4-1, Class A-4-2,
Class A-5, Class A-SB, Class A-S and Class B Certificates have been reduced to zero, to the Holders of the Class C Certificates,
in reduction of the related Certificate Balance, up to an amount equal to the Principal Distribution Amount for such Distribution
Date, less the portion of such Principal Distribution Amount distributed pursuant to all prior clauses, until the related Certificate
Balance is reduced to zero;

 

(xii)        Twelfth, to the Holders of the Class C Certificates, up to an amount equal to the aggregate of unreimbursed Realized Losses
previously allocated to such Class, plus interest thereon at the Pass-Through Rate for such Class compounded monthly from the
date each related Realized Loss was allocated to such Class;

 

(xiii)       Thirteenth, to the Holders of the Class D Certificates, in respect of interest, up to an amount equal to the Interest Distribution
Amount of that Class;

 

(xiv)       Fourteenth, after the Certificate Balances of the Class A-1, Class A-2, Class A-3-1, Class A-3-2, Class A-4-1, Class A-4-2,
Class A-5, Class A-SB, Class A-S, Class B and Class C Certificates have been reduced to zero, to the Holders of the Class D Certificates,
in reduction of the related Certificate Balance, up to an amount equal to the Principal Distribution Amount for such Distribution
Date, less the portion of such Principal Distribution Amount distributed pursuant to all prior clauses, until the related Certificate
Balance is reduced to zero;

 

(xv)        Fifteenth, to the Holders of the Class D Certificates, up to an amount equal to the aggregate of unreimbursed Realized
Losses previously allocated to such Class, plus interest thereon at the Pass-Through Rate for such Class compounded monthly from
the date each related Realized Loss was allocated to such Class;

 

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(xvi)       Sixteenth, to the Holders of the Class E Certificates, in respect of interest, up to an amount equal to the Interest Distribution
Amount of that Class;

 

(xvii)      Seventeenth, after the Certificate Balances of the Class A-1, Class A-2, Class A-3-1, Class A-3-2, Class A-4-1, Class A-4-2,
Class A-5, Class A-SB, Class A-S, Class B, Class C and Class D Certificates have been reduced to zero, to the Holders of the Class
E Certificates, in reduction of the related Certificate Balance, up to an amount equal to the Principal Distribution Amount for
such Distribution Date, less the portion of such Principal Distribution Amount distributed pursuant to all prior clauses, until
the related Certificate Balance is reduced to zero;

 

(xviii)     Eighteenth, to the Holders of the Class E Certificates, up to an amount equal to the aggregate of unreimbursed Realized
Losses previously allocated to such Class, plus interest thereon at the Pass-Through Rate for such Class compounded monthly from
the date each related Realized Loss was allocated to such Class;

 

(xix)        Nineteenth, to the Holders of the Class F Certificates, in respect of interest, up to an amount equal to the Interest Distribution
Amount of that Class;

 

(xx)         Twentieth, after the Certificate Balances of the Class A-1, Class A-2, Class A-3-1, Class A-3-2, Class A-4-1, Class A-4-2,
Class A-5, Class A-SB, Class A-S, Class B, Class C, Class D and Class E Certificates have been reduced to zero, to the Holders
of the Class F Certificates, in reduction of the related Certificate Balance, up to an amount equal to the Principal Distribution
Amount for such Distribution Date, less the portion of such Principal Distribution Amount distributed pursuant to all prior clauses,
until the related Certificate Balance is reduced to zero;

 

(xxi)        Twenty-First, to the Holders of the Class F Certificates, up to an amount equal to the aggregate of unreimbursed Realized
Losses previously allocated to such Class, plus interest thereon at the Pass-Through Rate for such Class compounded monthly from
the date each related Realized Loss was allocated to such Class;

 

(xxii)       Twenty-Second, to the Holders of the Class G Certificates, in respect of interest, up to an amount equal to the Interest
Distribution Amount of that Class;

 

(xxiii)      Twenty-Third, after the Certificate Balances of the Class A-1, Class A-2, Class A-3-1, Class A-3-2, Class A-4-1, Class
A-4-2, Class A-5, Class A-SB, Class A-S, Class B, Class C, Class D, Class E and Class F Certificates have been reduced to zero,
to the Holders of the Class G Certificates, in reduction of the related Certificate Balance, up to an amount equal to the Principal
Distribution Amount for such Distribution Date, less the portion of such Principal Distribution Amount distributed pursuant to
all prior clauses, until the related Certificate Balance is reduced to zero;

 

(xxiv)      Twenty-Fourth, to the Holders of the Class G Certificates, up to an amount equal to the aggregate of unreimbursed Realized
Losses previously allocated to such Class, plus interest thereon at the Pass-Through Rate for such Class compounded monthly from
the date each related Realized Loss was allocated to such Class;

 

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(xxv)      Twenty-Fifth,
to the Holders of the Class H Certificates, in respect of interest, up to an amount equal to the Interest Distribution Amount
of that Class;

 

(xxvi)     Twenty-Sixth, after the Certificate Balances of the Class A-1, Class A-2, Class A-3-1, Class A-3-2, Class A-4-1, Class
A-4-2, Class A-5, Class A-SB, Class A-S, Class B, Class C, Class D, Class E, Class F and Class G Certificates have been reduced
to zero, to the Holders of the Class H Certificates, in reduction of the related Certificate Balance, up to an amount equal to
the Principal Distribution Amount for such Distribution Date, less the portion of such Principal Distribution Amount distributed
pursuant to all prior clauses, until the related Certificate Balance is reduced to zero;

 

(xxvii)    Twenty-Seventh, to the Holders of the Class H Certificates, up to an amount equal to the aggregate of unreimbursed Realized
Losses previously allocated to such Class, plus interest thereon at the Pass-Through Rate for such Class compounded monthly from
the date each related Realized Loss was allocated to such Class; and

 

(xxviii)   Twenty-Eighth, to the Holders of the Class J Certificates, in respect of interest, up to an amount equal to the Interest
Distribution Amount of that Class;

 

(xxix)      Twenty-Ninth, after the Certificate Balances of the Class A-1, Class A-2, Class A-3-1, Class A-3-2, Class A-4-1, Class
A-4-2, Class A-5, Class A-SB, Class A-S, Class B, Class C, Class D, Class E, Class F, Class G and Class H Certificates have been
reduced to zero, to the Holders of the Class J Certificates, in reduction of the related Certificate Balance, up to an amount
equal to the Principal Distribution Amount for such Distribution Date, less the portion of such Principal Distribution Amount
distributed pursuant to all prior clauses, until the related Certificate Balance is reduced to zero;

 

(xxx)       Thirtieth, to the Holders of the Class J Certificates, up to an amount equal to the aggregate of unreimbursed Realized
Losses previously allocated to such Class, plus interest thereon at the Pass-Through Rate for such Class compounded monthly from
the date each related Realized Loss was allocated to such Class; and

 

(xxxi)      Last, to the Holders of the Class R Certificates in respect of the Upper-Tier Residual Interest, in the amount of any remaining
portion of the Non-Vertically Retained Available Funds for such Distribution Date on deposit in the Upper-Tier REMIC Distribution
Account.

 

Notwithstanding
the foregoing, on each Distribution Date occurring on and after the Cross-Over Date, in place of the allocation of principal payments
described in clause (ii) above, remaining Non-Vertically Retained Available Funds at such level shall be distributed up to an
amount equal to the Principal Distribution Amount for such Distribution Date to the respective Holders of Class A-1, Class A-2,
Class A-3-1, Class A-3-2, Class A-4-1, Class A-4-2, Class A-5 and Class A-SB Certificates, pro rata, based on their respective
Certificate Balances, in reduction of their respective Certificate Balances (and the schedule for the Class A-SB principal distributions
shall be disregarded). Any remaining Non-Vertically Retained Available Funds will then be allocated as provided in clauses (iii)
through (xxxi) above.

 

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All
distributions of interest made in respect of a Class of the Class X Certificates on any Distribution Date pursuant to this Section
4.01(b), shall be deemed to have been made: (x) if there is only one Component of such Class, in respect of such Component;
and (y) if there are multiple Components of such Class, in respect of all such Components, pro rata in accordance with
the respective amounts of interest that would be payable on such Components on such Distribution Date based on one-twelfth of
the Class X Strip Rate of each such Component multiplied by its respective Component Notional Amount, reduced by its share of
any Excess Prepayment Interest Shortfall with respect to the Mortgage Pool for such Distribution Date, together with any amounts
thereof remaining unpaid from previous Distribution Dates.

 

(c)           On each Distribution Date, the Certificate Administrator shall withdraw from the Upper-Tier REMIC Distribution Account the amounts
on deposit therein, to the extent of the Combined VRR Available Funds for such Distribution Date, and shall distribute such amounts
to the Uncertificated VRR Interest Owners, the Holders of the Class VRR Certificates and the Class R Certificates in accordance
with the following paragraph. In connection therewith, for federal income tax purposes, the amounts distributed with respect to
the Uncertificated VRR Interest and the Class VRR Certificates on any Distribution Date in accordance with the following paragraph
shall be deemed to have first been transferred to the Grantor Trust in respect of the Class VRR Upper-Tier Regular Interest for
the following purposes and in the following order of priority:

 

(i)           First,
to make distributions of interest on the Class VRR Upper-Tier Regular Interest, up to an amount equal to the VRR Interest Distribution
Amount for such Distribution Date;

 

(ii)          Second, to make distributions in reduction of the Certificate Balance of the Class VRR Upper-Tier Regular Interest, up
to an amount equal to the VRR Principal Distribution Amount for such Distribution Date, until the outstanding Certificate Balance
of the Class VRR Upper-Tier Regular Interest has been reduced to zero; and

 

(iii)         Third, to reimburse (with interest) prior write-offs of the Certificate Balance of the Class VRR Upper-Tier Regular Interest,
up to an amount equal to the unreimbursed Realized Losses previously allocated to the Class VRR Upper-Tier Regular Interest, plus
interest in an amount equal to the VRR Realized Loss Interest Distribution Amount for such Distribution Date.

 

On
each Distribution Date, the Certificate Administrator shall apply the Combined VRR Available Funds for such Distribution Date
to make distributions to the Uncertificated VRR Interest Owners and the Holders of the Class VRR Certificates for the following
purposes and in the following order of priority:

 

(i)           First, distributions of interest to the Holders of the Class VRR Certificates and the Uncertificated VRR Interest Owners,
pro rata based on the Certificate Balance of the Class VRR Certificates and the respective Uncertificated VRR Interest
Portion Balances of the Uncertificated VRR Interest Portions, respectively, up to an aggregate amount equal to the VRR Interest
Distribution Amount for such Distribution Date;

 

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(ii)          Second,
distributions of principal to the Holders of the Class VRR Certificates and the Uncertificated VRR Interest Owners, pro rata
based on the Certificate Balance of the Class VRR Certificates and the respective Uncertificated VRR Interest Portion Balances
of the Uncertificated VRR Interest Portions, respectively, in reduction of such Certificate Balance and Uncertificated VRR Interest
Portion Balances, up to an aggregate amount equal to the VRR Principal Distribution Amount for such Distribution Date, until the
Combined VRR Interest Balance has been reduced to zero; and

 

(iii)         Third, reimbursements (with interest) of prior write-offs of the Combined VRR Interest Balance to the Holders of the Class
VRR Certificates and the Uncertificated VRR Interest Owners, pro rata based on the Certificate Balance of the Class VRR
Certificates and the respective Uncertificated VRR Interest Portion Balances of the Uncertificated VRR Interest Portions, respectively,
up to an aggregate amount equal to the unreimbursed Realized Losses previously allocated to the Combined VRR Interest, plus interest
in an aggregate amount equal to the VRR Realized Loss Interest Distribution Amount for such Distribution Date;

 

provided
that, with respect to any Distribution Date, to the extent that the Combined VRR Available Funds for such Distribution Date
exceeds the distributions to the Uncertificated VRR Interest Owners and the Holders of the Class VRR Certificates on such Distribution
Date pursuant to the immediately preceding clauses (i) through (iii), the Certificate Administrator shall distribute such excess
to the Holders of the Class R Certificates in respect of the Upper-Tier Residual Interest.

 

The
right to payment of Holders of the Class VRR Certificates is pro rata and pari passu with the right to payment of the Uncertificated
VRR Interest Owners. On each Distribution Date, any Combined VRR Available Funds, any Appraisal Reduction Amounts, Yield Maintenance
Charges, Prepayment Interest Shortfalls, and Excess Interest allocated to the Combined VRR Interest shall be allocated to the
Class VRR Certificates and the Uncertificated VRR Interest Portions pro rata (based on the Certificate Balance of the Class VRR
Certificates and the respective Uncertificated VRR Interest Portion Balances of the Uncertificated VRR Interest Portions, respectively).
In addition, any applicable Realized Losses allocated to the Combined VRR Interest shall be allocated to the Class VRR Certificates
and the Uncertificated VRR Interest Portions, pro rata in accordance with the Certificate Balance of the Class VRR Certificates
and the respective Uncertificated VRR Interest Portion Balances of the Uncertificated VRR Interest Portions, respectively.

 

(d)          On each Distribution Date, until the Notional Amounts of the Class X-A and Class X-D Certificates and the Certificate Balances
of the Class A-1, Class A-2, Class A-3-1, Class A-3-2, Class A-4-1, Class A-4-2, Class A-5, Class A-SB, Class A-S, Class B, Class
C, Class D and Class E Certificates have been reduced to zero, amounts on deposit in the Upper-Tier REMIC Distribution Account
that represent the Non-Vertically Retained Percentage of each Yield Maintenance Charge (such portion of any Yield Maintenance
Charge, a “Non-Vertically Retained Yield Maintenance Charge”) collected on the Mortgage Loans during the related
Collection Period (or, in the case of any Outside Serviced Mortgage Loan(s), that accompanied a Principal Prepayment included
in the Aggregate Available Funds for such Distribution Date) shall be

 

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distributed
by the Certificate Administrator to the Holders of the respective Classes of Non-Vertically Retained Regular Certificates (excluding
the Class X-F, Class X-G, Class X-H, Class X-J, Class F, Class G, Class H and Class J Certificates) as follows: (A) first such
Non-Vertically Retained Yield Maintenance Charge shall be allocated between (i) the group (the “YM Group A”)
of the Class A-1, Class A-2, Class A-3-1, Class A-3-2, Class A-4-1, Class A-4-2, Class A-5, Class A-SB and Class X-A Certificates,
(ii) the group (the “YM Group AS”) comprised solely of the Class A-S Certificates, (iii) the group (the “YM
Group B”) comprised solely of the Class B Certificates, (iv) the group (the “YM Group C”) comprised
solely of the Class C Certificates and (v) the group (the “YM Group DE” and, collectively with the YM Group
A, the YM Group AS, the YM Group B and the YM Group C, the “YM Groups”) of the Class X-D, Class D and Class
E Certificates, pro rata based on the aggregate amount of principal distributed with respect to the Class or Classes of
Non-Vertically Retained Principal Balance Certificates in each YM Group on such Distribution Date, and (B) then, the portion of
such Non-Vertically Retained Yield Maintenance Charge allocated to each YM Group shall be further allocated as among the Classes
of Non-Vertically Retained Regular Certificates in such YM Group, in the following manner: (1) each Class of Non-Vertically Retained
Principal Balance Certificates in such YM Group shall entitle the applicable Certificateholders to receive on the applicable Distribution
Date that portion of such Non-Vertically Retained Yield Maintenance Charge equal to the product of (x) a fraction, the numerator
of which is the amount distributed as principal to such Class of Non-Vertically Retained Principal Balance Certificates on such
Distribution Date, and the denominator of which is the total amount of principal distributed to all of the Non-Vertically Retained
Principal Balance Certificates in such YM Group on such Distribution Date, (y) the Base Interest Fraction for the related Principal
Prepayment and such Class of Non-Vertically Retained Principal Balance Certificates and (z) the portion of such Non-Vertically
Retained Yield Maintenance Charge allocated to such YM Group; and (2) any portion of such Non-Vertically Retained Yield Maintenance
Charge allocated to such YM Group on any Distribution Date and remaining after such distributions with respect to the Non-Vertically
Retained Principal Balance Certificates contemplated by the preceding clause (1) shall be distributed to the Class of Class
X Certificates in such YM Group (or, in the case of any of YM Group AS, YM Group B or YM Group C, to the sole class of Certificates
comprising such YM Group). If there is more than one Class of Non-Vertically Retained Principal Balance Certificates in any YM
Group entitled to distributions of principal on any particular Distribution Date on which Non-Vertically Retained Yield Maintenance
Charges collected on the Mortgage Loans are distributable to such Classes, then the aggregate portion of such Non-Vertically Retained
Yield Maintenance Charges allocated to such YM Group shall be allocated among all such Classes of Non-Vertically Retained Principal
Balance Certificates up to, and on a pro rata basis in accordance with, their respective entitlements in those Non-Vertically
Retained Yield Maintenance Charges in accordance with the preceding sentence.

 

Notwithstanding
the foregoing provisions of this Section 4.01(d), on each Distribution Date after the Class X-A Notional Amount and the
Class X-D Notional Amount and the Certificate Balances of the Class A-1, Class A-2, Class A-3-1, Class A-3-2, Class A-4-1, Class
A-4-2, Class A-5, Class A-SB, Class A-S, Class B, Class C, Class D and Class E Certificates have been reduced to zero, all amounts
on deposit in the Upper-Tier REMIC Distribution Account that represent Non-Vertically Retained Yield Maintenance Charges collected
on the Mortgage Loans during the related Collection Period (or, in the case of any Outside Serviced Mortgage Loan(s), that accompanied
a Principal Prepayment included in the Aggregate Available Funds for such

 

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Distribution
Date) shall be distributed by the Certificate Administrator to the Holders of the Class F, Class G, Class H and Class J Certificates
(collectively, the “Subordinate YM Certificates”) as follows: each such Class of Subordinate YM Certificates
shall entitle the applicable Certificateholders to receive on the applicable Distribution Date that portion of such Non-Vertically
Retained Yield Maintenance Charge equal to the product of (x) a fraction, the numerator of which is the amount distributed as
principal to such Class of Subordinate YM Certificates on such Distribution Date, and the denominator of which is the total amount
of principal distributed to all of the Subordinate YM Certificates on such Distribution Date, multiplied by (y) the total amount
of Non-Vertically Retained Yield Maintenance Charges to be distributed on such Distribution Date. If there is more than one Class
of Subordinate YM Certificates entitled to distributions of principal on any particular Distribution Date on which the Non-Vertically
Retained Yield Maintenance Charges are distributable to such Classes, then the aggregate amount of such Non-Vertically Retained
Yield Maintenance Charges shall be allocated among all such Classes of Subordinate YM Certificates entitled to distributions of
principal up to, and on a pro rata basis in accordance with, their respective entitlements in those Non-Vertically Retained
Yield Maintenance Charges in accordance with the preceding sentence of this paragraph.

 

On
each Distribution Date, amounts on deposit in the Upper-Tier REMIC Distribution Account that represent the Vertically Retained
Percentage of each Yield Maintenance Charge collected on the Mortgage Loans during the related Collection Period (or, in the case
of any Outside Serviced Mortgage Loan(s), that accompanied a Principal Prepayment included in the Aggregate Available Funds for
such Distribution Date) shall be distributed by the Certificate Administrator to the Holders of the Class VRR Certificates and
the Uncertificated VRR Interest Owners, pro rata based on the Certificate Balance of the Class VRR Certificates and the
respective Uncertificated VRR Interest Portion Balances of the Uncertificated VRR Interest Portions, respectively, with such distribution
to be deemed made through the Grantor Trust.

 

Any
portion of a Yield Maintenance Charge that is distributed to Holders of the Non-Vertically Retained Regular Certificates on any
Distribution Date shall be deemed to have first been distributed from the Lower-Tier REMIC to the Upper-Tier REMIC in respect
of the Lower-Tier Regular Interests (exclusive of the Class LVRR Lower-Tier Regular Interest) then receiving a principal distribution,
pro rata, based on the respective amounts of those principal distributions. Any portion of a Yield Maintenance Charge that
is distributed to the Holders of the Class VRR Certificates and the Uncertificated VRR Interest Owners on any Distribution Date
shall be deemed to have first been distributed from the Lower-Tier REMIC to the Upper-Tier REMIC in respect of the Class LVRR
Lower-Tier Regular Interest, and then from the Upper-Tier REMIC to the Grantor Trust in respect of the Class VRR Upper-Tier Regular
Interest.

 

(e)          On each Master Servicer Remittance Date, the Certificate Administrator shall determine if the Non-Vertically Retained Available
Funds for such Distribution Date (determined without regard to the inclusion of any Excess Liquidation Proceeds therein) would
be sufficient to pay all interest and principal due and owing to, and to reimburse (with interest thereon) all previously allocated
applicable Realized Losses reimbursable to, the Holders of the Non-Vertically Retained Regular Certificates on such Distribution
Date pursuant to Section 4.01(b). If the Certificate Administrator determines that such Non-Vertically Retained Available
Funds (as so determined) would not be sufficient to make such payments and reimbursements, then the Certificate Administrator
shall withdraw from the Excess Liquidation

 

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Proceeds
Reserve Account and deposit in the Lower-Tier REMIC Distribution Account on the applicable Master Servicer Remittance Date
an amount (to be included in the Aggregate Available Funds for the related Distribution Date for allocation between the
Combined VRR Interest and the Non-Vertically Retained Regular Certificates) equal to the lesser of (i) all amounts then on
deposit in the Excess Liquidation Proceeds Reserve Account and (ii) the sum of (A) the amount of the applicable insufficiency
in such Non-Vertically Retained Available Funds and (B) the Vertical Risk Retention Allocation Percentage of the amount
described in the immediately preceding sub-clause (A). The Certificate Administrator may also withdraw funds from the Excess
Liquidation Proceeds Reserve Account in order to make distributions to the Holders of the Class R Certificates in accordance
with the last sentence of Section 3.05(c) of this Agreement.

 

(f)           On each Distribution Date, following all distributions to be made on such date, the Certificate Balance of each Class of Non-Vertically
Retained Principal Balance Certificates shall be reduced without distribution, as a write-off, to the extent of any applicable
Realized Loss allocated to such Class of Certificates, on such Distribution Date. On each Distribution Date, any applicable Realized
Loss with respect to the Non-Vertically Retained Principal Balance Certificates for such Distribution Date shall be allocated
to the following Classes of Non-Vertically Retained Principal Balance Certificates in the following order, until the Certificate
Balance of each such Class of Certificates is reduced to zero: first, to the Class J Certificates; second, to the
Class H Certificates; third, to the Class G Certificates; fourth, to the Class F Certificates; fifth, to
the Class E Certificates; sixth, to the Class D Certificates; seventh, to the Class C Certificates; eighth,
to the Class B Certificates; ninth, to the Class A-S Certificates; and, finally, pro rata to the (i) Class A-1 Certificates,
(ii) Class A-2 Certificates, (iii) Class A-3-1 Certificates, (iv) Class A-3-2 Certificates, (v) Class A-4-1 Certificates, (vi)
Class A-4-2 Certificates, (vii) Class A-5 Certificates and (viii) Class A-SB Certificates based on their respective Certificate
Balances.

 

On
each Distribution Date, following all distributions to be made on such date, any applicable Realized Loss for such Distribution
Date shall be allocated to the Class VRR Upper-Tier Regular Interest; and, in connection therewith, the Certificate Balance of
the Class VRR Upper-Tier Regular Interest will be reduced without distribution, as a write-off, to the extent of such applicable
Realized Loss. If any applicable Realized Loss is so allocated to the Class VRR Upper-Tier Regular Interest on any Distribution
Date, then such applicable Realized Loss shall, in turn, be allocated to the Combined VRR Interest in reduction of the Certificate
Balance of the Class VRR Certificates and the respective Uncertificated VRR Interest Portion Balances of the Uncertificated VRR
Interest Portions (pro rata based on the relative sizes thereof) without distribution, as a write-off, to the extent of
such applicable Realized Loss until the Combined VRR Interest Balance is reduced to zero.

 

On
each Distribution Date, following the deemed distributions of principal or in reimbursement (with interest) of previously allocated
applicable Realized Losses deemed made in respect of the Lower-Tier Regular Interests pursuant to Section 4.01(a)(ii),
the Lower-Tier Principal Balance of each Lower-Tier Regular Interest (after taking account of such deemed distributions) shall
be deemed reduced as a result of applicable Realized Losses, to equal the Certificate Balance of its Corresponding Certificates
(or, in the case of the Class LVRR Lower Tier Regular Interest, the Certificate Balance of the Class VRR Upper Tier Regular Interest)
that will be outstanding immediately following such Distribution Date.

 

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The
Notional Amount of the Class X-A Certificates and the Component Notional Amounts of the Class X-A Components will be reduced to
reflect reductions of the Certificate Balances of the Class A-1, Class A-2, Class A-3-1, Class A-3-2, Class A-4-1, Class A-4-2,
Class A-5 and Class A-SB Certificates and of the Lower-Tier Principal Balances of the Class LA-1, Class LA-2, Class LA-3-1, Class
LA-3-2, Class LA-4-1, Class LA-4-2, Class LA-5 and Class LA-SB Lower-Tier Regular Interests, in any event resulting from allocations
of applicable Realized Losses. The Notional Amount of the Class X-D Certificates and the Component Notional Amounts of the Class
X-D Components will be reduced to reflect reductions of the Certificate Balances of the Class D and Class E Certificates and of
the Lower-Tier Principal Balances of the Class LD and Class LE Lower-Tier Regular Interests, in any event resulting from allocations
of applicable Realized Losses. The Notional Amount of the Class X-F Certificates and the Component Notional Amount of the Class
X-F Component will be reduced to reflect reductions of the Certificate Balance of the Class F Certificates and of the Lower Tier
Principal Balance of the Class LF Lower Tier Regular Interest, in any event resulting from allocations of applicable Realized
Losses. The Notional Amount of the Class X-G Certificates and the Component Notional Amount of the Class X-G Component will be
reduced to reflect reductions of the Certificate Balance of the Class G Certificates and of the Lower Tier Principal Balance of
the Class LG Lower Tier Regular Interest, in any event resulting from allocations of applicable Realized Losses. The Notional
Amount of the Class X-H Certificates and the Component Notional Amount of the Class X-H Component will be reduced to reflect reductions
of the Certificate Balance of the Class H Certificates and of the Lower-Tier Principal Balance of the Class LH Lower-Tier Regular
Interest, in any event resulting from allocations of applicable Realized Losses. The Notional Amount of the Class X-J Certificates
and the Component Notional Amount of the Class X-J Component will be reduced to reflect reductions of the Certificate Balance
of the Class J Certificates and of the Lower-Tier Principal Balance of the Class LJ Lower-Tier Regular Interest, in any event
resulting from allocations of applicable Realized Losses.

 

(g)          Distributions in reimbursement of applicable Realized Losses previously allocated to the respective Classes of the Non-Vertically
Retained Principal Balance Certificates and deemed distributions in reimbursement of applicable Realized Losses previously allocated
to the Class VRR Upper-Tier Regular Interest shall be made in the amounts and manner specified in Section 4.01(b) or Section
4.01(c), as applicable. If and to the extent that any Nonrecoverable Advances (plus interest thereon) that were reimbursed
from principal collections on the Mortgage Loans (including REO Mortgage Loans) and previously resulted in a reduction of the
Aggregate Principal Distribution Amount are subsequently recovered on the related Mortgage Loan or REO Property, then (on the
Distribution Date related to the Collection Period during which the recovery occurred): (i) the Non-Vertically Retained Percentage
of the amount of such recovery will be added to the Certificate Balance(s) of the Class or Classes of Non-Vertically Retained
Principal Balance Certificates that previously were allocated applicable Realized Losses, in the same sequential order as distributions
pursuant to Section 4.01(b) of this Agreement, in each case up to the lesser of (A) the unallocated portion of the Non-Vertically
Retained Percentage of the amount of such recovery and (B) the amount of the unreimbursed Realized Losses previously allocated
to the subject Class of Non-Vertically Retained Principal Balance Certificates, and the Interest Shortfall with respect to each
affected Class of Non-Vertically Retained Regular Certificates for the next Distribution Date will be increased by the aggregate
amount of interest that would have accrued through the then current Distribution Date if the restored write-down for such reimbursed
Class of Non-Vertically Retained Principal Balance Certificates had never been written down; and

 

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(ii)
the Vertically Retained Percentage of the amount of such recovery will be added to the Certificate Balance of the Class VRR Upper-Tier
Regular Interest (and, accordingly, to the Combined VRR Interest Balance of the Combined VRR Interest, with such increase allocable
between the Certificate Balance of the Class VRR Certificates and the respective Uncertificated VRR Interest Portion Balances
of the Uncertificated VRR Interest Portions, pro rata based on the relative sizes thereof) up to the lesser of (A) the
Vertically Retained Percentage of the amount of such recovery and (B) the amount of the unreimbursed applicable Realized Losses
previously allocated to the Class VRR Upper-Tier Regular Interest (and, accordingly, the Combined VRR Interest), and the interest
payable on the Class VRR Upper-Tier Regular Interest (and, accordingly, the Combined VRR Interest) will be deemed increased by
the Vertical Risk Retention Allocation Percentage of any contemporaneous increases in interest payable on the Non-Vertically Retained
Regular Certificates pursuant to clause (i) of this sentence (which such increase shall accordingly be allocated to the Class
VRR Certificates and the Uncertificated VRR Interest Portions pro rata, based on the Certificate Balance of the Class VRR
Certificates and the respective Uncertificated VRR Interest Portion Balances of the Uncertificated VRR Interest Portions, respectively).
To the extent that the Certificate Balance of, and/or any interest payable on, any Class of Non-Vertically Retained Regular Certificates
or any Component thereof or the Class VRR Upper-Tier Regular Interest is so increased or deemed increased, an identical increase
shall be deemed made to the Lower-Tier Principal Balance of, and any interest payable on, the Corresponding Lower-Tier Regular
Interest. If the Certificate Balance of the Class VRR Upper-Tier Regular Interest is increased as contemplated above in this paragraph,
then the Combined VRR Interest Balance of the Combined VRR Interest shall be increased by such increase in the Certificate Balance
of the Class VRR Upper-Tier Regular Interest (which such increase shall accordingly be allocated to the Class VRR Certificates
and the Uncertificated VRR Interest Portions pro rata, based on the Certificate Balance of the Class VRR Certificates and
the respective Uncertificated VRR Interest Portion Balances of the Uncertificated VRR Interest Portions, respectively). If the
Certificate Balance of any Class of Non-Vertically Retained Principal Balance Certificates or the Class VRR Upper-Tier Regular
Interest (or the Combined VRR Interest Balance of the Combined VRR Interest or the Lower-Tier Principal Balance of any Lower-Tier
Regular Interest) is so increased, the amount of unreimbursed applicable Realized Losses in respect of such Class of Non-Vertically
Retained Principal Balance Certificates or the Class VRR Upper-Tier Regular Interest (or the Combined VRR Interest or such Lower-Tier
Regular Interest), as the case may be, shall be decreased by such amount, and any interest accrued on the amount of unreimbursed
applicable Realized Losses so decreased shall be deemed not to exist.

 

(h)          All amounts distributable, or reductions allocable on account of applicable Realized Losses, to a Class of Certificates pursuant
to this Section 4.01 on each Distribution Date shall be allocated pro rata among the outstanding Certificates in
each such Class based on their respective Percentage Interests. All distributions on each Class of Certificates or each Uncertificated
VRR Interest Portion pursuant to this Section 4.01 shall be made by the Certificate Administrator on each Distribution
Date other than the Termination Date to each Certificateholder or each Uncertificated VRR Interest Owner of record at the close
of business on the related Record Date by wire transfer of immediately available funds to the account of such Certificateholder
or such Uncertificated VRR Interest Owner at a bank or other entity located in the United States and having appropriate facilities
to accept such funds, if such Certificateholder or such Uncertificated VRR Interest Owner has provided the Certificate Administrator
with written wiring instructions no less than five (5) Business Days prior to the related Record Date (which wiring instructions

 

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may
be in the form of a standing order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder
or such Uncertificated VRR Interest Owner. The final distribution on each Certificate or each Uncertificated VRR Interest Portion
shall be made in like manner, but in the case of a Certificate, only upon presentation and surrender of such Certificate, and
in the case of an Uncertificated VRR Interest Portion, only upon delivery of a written instrument acknowledging surrender of and
final distribution on such Uncertificated VRR Interest Portion, at the office of the Certificate Administrator or its agent (which
may be the Paying Agent or the Certificate Registrar acting as such agent) that is specified in a notice to Certificateholders
or Uncertificated VRR Interest Owners, as applicable, of the pendency of the final distribution. The Certificate Administrator
shall be responsible for making all distributions on the Certificates and the Uncertificated VRR Interest contemplated hereunder.

 

(i)           Except as otherwise provided in Section 9.01 with respect to an Anticipated Termination Date, the Certificate Administrator
shall, no later than the fifteenth day of the month preceding the month in which the final distribution with respect to any Class
of Certificates or any Uncertificated VRR Interest Portion is expected to be made (or, if the Certificate Administrator has not
received notice of such Anticipated Termination Date by such time, promptly following the Certificate Administrator’s receipt
of such notice), mail to each Holder of such Class of Certificates and each Uncertificated VRR Interest Owner, on such date a
notice to the effect that:

 

(i)           the Certificate Administrator reasonably expects based upon information previously provided to it that the final distribution
with respect to such Class of Certificates and such Uncertificated VRR Interest Portion will be made on such Distribution Date,
but in the case of Certificates only upon presentation and surrender of such Certificates, and in the case of such Uncertificated
VRR Interest Portion, only upon delivery of a written instrument acknowledging surrender of and final distribution on such Uncertificated
VRR Interest Portion, at the office of the Certificate Administrator therein specified, and

 

(ii)          if such final distribution is made on such Distribution Date, no interest shall accrue on such Class of Certificates, such Uncertificated
VRR Interest Portion or the Class VRR Upper-Tier Regular Interest, or on the Corresponding Lower-Tier Regular Interest from and
after such Distribution Date; provided, however, that the Class R Certificates shall remain outstanding until there
is no other Class of Certificates outstanding.

 

Any
funds not distributed to any Holder or Holders of Certificates of such Class or to any Uncertificated VRR Interest Owner on such
Distribution Date because of the failure of such Holder or Holders to tender their Certificates or the failure of such Uncertificated
VRR Interest Owner to deliver the instrument contemplated in clause (i) of the first paragraph of this Section 4.01(i)
shall, on such date, be set aside and held in trust for the benefit of the appropriate non-tendering Holder or Holders or Uncertificated
VRR Interest Owner(s). If any Certificates or Uncertificated VRR Interest Portion as to which notice has been given pursuant to
this Section 4.01(i) shall not have been surrendered for cancellation within six (6) months after the time specified in
such notice, the Certificate Administrator shall mail a second notice to the remaining non-tendering Certificateholders or Uncertificated
VRR Interest Owner(s) to surrender their Certificates or Uncertificated VRR Interest Portion(s) for cancellation to receive the
final

 

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distribution
with respect thereto. If within one year after the second notice not all of such Certificates and Uncertificated VRR Interest
Portion(s) shall have been surrendered for cancellation, the Certificate Administrator may, directly or through an agent, take
appropriate steps to contact the remaining non-tendering Certificateholders or Uncertificated VRR Interest Owner(s) concerning
surrender of their Certificates or Uncertificated VRR Interest Portion(s). The costs and expenses of holding such funds in trust
and of contacting such Certificateholders or Uncertificated VRR Interest Owner(s) shall be paid out of such funds. Subject to
applicable state law with respect to escheatment of funds, if within two years after the second notice any such Certificates or
Uncertificated VRR Interest Portion(s) shall not have been surrendered for cancellation, the Paying Agent shall pay to the Certificate
Administrator all amounts distributable to the Holders thereof or the Uncertificated VRR Interest Owner(s), as applicable, and
the Certificate Administrator shall thereafter hold such amounts for the benefit of such Holders or Uncertificated VRR Interest
Owner(s) until the earlier of (i) its termination as Certificate Administrator hereunder and the transfer of such amounts to a
successor Certificate Administrator and (ii) the termination of the Trust Fund and distribution of such amounts to the Class R
Certificateholders. No interest shall accrue or be payable to any Certificateholder or any Uncertificated VRR Interest Owner on
any amount held in trust hereunder or by the Certificate Administrator as a result of such Certificateholder’s failure to
surrender its Certificate(s) or such Uncertificated VRR Interest Owner’s failure to surrender its Uncertificated VRR Interest
Portion, as applicable, for final payment thereof in accordance with this Section 4.01(i). Any funds not distributed on
such Distribution Date shall be set aside and held uninvested in trust for the benefit of Certificateholders or Uncertificated
VRR Interest Owner(s) not presenting and surrendering their Certificates or Uncertificated VRR Interest Portion(s), as applicable,
in the aforesaid manner.

 

(j)           The Non-Vertically Retained Percentage of the Excess Prepayment Interest Shortfall, if any, for each Distribution Date will be
allocated among the various Classes of Non-Vertically Retained Regular Certificates, pro rata, based upon the respective
Interest Accrual Amounts with respect to such Classes of Non-Vertically Retained Regular Certificates for such Distribution Date,
and the Vertically Retained Percentage of the Excess Prepayment Interest Shortfall, if any, for each Distribution Date will be
deemed allocated to the Class VRR Upper-Tier Regular Interest (and, accordingly, the Combined VRR Interest; and will, in turn,
be deemed allocated to the Class VRR Certificates and the Uncertificated VRR Interest Portions, pro rata, based on the
Certificate Balance of the Class VRR Certificates and the respective Uncertificated VRR Interest Portion Balances of the Uncertificated
VRR Interest Portions, respectively). The portion of any Excess Prepayment Interest Shortfall for any Distribution Date so allocable
to a Class of Class X Certificates shall, in turn, be allocated among the various Components of such Class of Class X Certificates,
pro rata, based upon the respective amounts of Accrued Component Interest with respect to such Components for such Distribution
Date. The portion of any Excess Prepayment Interest Shortfall for any Distribution Date so allocated to any Class of Non-Vertically
Retained Principal Balance Certificates, the Class VRR Upper-Tier Regular Interest or any Component of a Class of Class X Certificates
shall be deemed to have first been allocated to the Corresponding Lower-Tier Regular Interest for such Class of Non-Vertically
Retained Principal Balance Certificates, the Class VRR Upper-Tier Regular Interest or such Component, as applicable.

 

(k)          On each Distribution Date, the Certificate Administrator shall withdraw from the Excess Interest Distribution Account any amounts
on deposit therein that represent

 

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Excess
Interest received during the related Collection Period (or, in the case of an ARD Mortgage Loan that is an Outside Serviced Mortgage
Loan, received as of the close of business on the Business Day immediately preceding the related Master Servicer Remittance Date
and not previously distributed) with respect to the ARD Mortgage Loans and shall distribute such Excess Interest: (i) to the Holders
of the Class S Certificates in an amount equal to the Non-Vertically Retained Percentage of such Excess Interest; and (ii) to
the Holders of the Class VRR Certificates and the Uncertificated VRR Interest Owners, pro rata based on the Certificate
Balance of the Class VRR Certificates and the respective Uncertificated VRR Interest Portion Balances of the Uncertificated VRR
Interest Portions, respectively, in an amount equal to the Vertically Retained Percentage of such Excess Interest.

 

(l)            The various amounts distributable on any Class of Certificates on any Distribution Date pursuant to multiple subsections of, or
multiple clauses of any subsection of, this Section 4.01 shall be so distributed in a single, aggregate distribution to
the Holders of such Class of Certificates on such Distribution Date.

 

Section
4.02    Statements to Certificateholders and Uncertificated VRR Interest Owners; Certain Reports by the Master Servicer and
the Special Servicer.

 

(a)           Based on loan-level information received from the Master Servicer and any other applicable Persons, on each Distribution Date,
the Certificate Administrator shall provide or make available a report, including reports in substantially the form attached hereto
as Exhibit D (the “Distribution Date Statement”), setting forth, among other things, the following information:

 

(A)            the amount of distributions, if any, made on such Distribution Date to the holders of each Class of Principal Balance Certificates
and each Uncertificated VRR Interest Owner and applied to reduce the respective Certificate Balance thereof, the Uncertificated
VRR Interest Balance of the Uncertificated VRR Interest or the Uncertificated VRR Interest Portion Balance of each Uncertificated
VRR Interest Portion, as applicable;

 

(B)            the amount of distributions, if any, made on such Distribution Date to the Holders of each Class of Certificates and each Uncertificated
VRR Interest Owner allocable to (A) an Interest Distribution Amount (or, if applicable, a portion of the VRR Interest Distribution
Amount), (B) Yield Maintenance Charges and (C) Excess Interest;

 

(C)            the amount of any distributions made on such Distribution Date to the Holders of the Class R Certificates;

 

(D)            the aggregate amount of outstanding P&I Advances with respect to each Mortgage Loan as of the related Determination Date,
and the total outstanding other or miscellaneous advances (excluding P&I Advances and tax and insurance advances) with respect
to each Mortgage Loan as of the related Determination Date;

 

(E)             the aggregate amount of Servicing Fees retained by or paid to the Master Servicer and Special Servicing Compensation retained
by or paid to the

 

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Special
Servicer in respect of the related Due Period, Collection Period or Interest Accrual Period, as applicable;

 

(F)             the aggregate Stated Principal Balance of the Mortgage Loans immediately before and after such Distribution Date and the percentage
of the Cut-Off Date Balance of the Mortgage Loans which remains outstanding immediately after such Distribution Date;

 

(G)            the number, aggregate principal balance, weighted average remaining term to maturity and weighted average Mortgage Rate of the
outstanding Mortgage Loans, at the close of business on the related Determination Date;

 

(H)            as of the Determination Date, the number and aggregate unpaid principal balance of Mortgage Loans (A) delinquent one month, (B)
delinquent two months, (C) delinquent three months, (D) delinquent four months or more, (E) that are Specially Serviced Loans
but are not delinquent or (F) as to which foreclosure proceedings have been commenced;

 

(I)              the aggregate Stated Principal Balance of Mortgage Loans as to which the related Mortgagor is subject or is expected to be subject
to a bankruptcy proceeding;

 

(J)             with respect to any Mortgage Loan as to which the related Mortgaged Property became an REO Property (including with respect to
the Outside Serviced Mortgage Loans) during the related Collection Period, the Stated Principal Balance and unpaid principal balance
of such Mortgage Loan as of the date such Mortgaged Property became an REO Property and the most recently determined Appraised
Value and date upon which the Appraisal was performed;

 

(K)            as to any Mortgage Loan repurchased, substituted for or otherwise liquidated or disposed of during the related Collection Period,
the Loan Number thereof and the amount of any Liquidation Proceeds and/or other amounts, if any, received thereon during the related
Collection Period and the portion thereof included in the Aggregate Available Funds for such Distribution Date;

 

(L)             with respect to any REO Property (including with respect to the Outside Serviced Mortgage Loans) included in the Trust Fund as
of the close of business on the last day of the related Collection Period, the Loan Number of the related Mortgage Loan, the book
value of such REO Property and the amount of any income collected with respect to such REO Property (net of related expenses)
and other amounts, if any, received on such REO Property during the related Collection Period and the portion thereof included
in the Aggregate Available Funds for such Distribution Date and the most recently determined Appraised Value and date upon which
the Appraisal was performed;

 

(M)           with respect to any REO Property (including with respect to the Outside Serviced Mortgage Loans) sold or otherwise disposed of
during the related Collection Period, the Loan Number of the related Mortgage Loan, and the amount

 

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of
Liquidation Proceeds and other amounts, if any, received in respect of such REO Property during the related Collection Period,
the portion thereof included in the Aggregate Available Funds for such Distribution Date and the balance of the Excess Liquidation
Proceeds Reserve Account for such Distribution Date;

 

(N)           the Interest Distribution Amount in respect of each Class of Non-Vertically Retained Regular Certificates for such Distribution
Date, and the VRR Interest Distribution Amount for such Distribution Date;

 

(O)            any unpaid Interest Distribution Amount in respect of each Class of Non-Vertically Retained Regular Certificates after giving
effect to the distributions made on such Distribution Date;

 

(P)             the Pass-Through Rate for each Class of Non-Vertically Retained Regular Certificates for such Distribution Date;

 

(Q)            the original Certificate Balance, Notional Amount, Uncertificated VRR Interest Balance or Uncertificated VRR Interest Portion
Balance as of the Closing Date and the Certificate Balance, Notional Amount, Uncertificated VRR Interest Balance or Uncertificated
VRR Interest Portion Balance, as the case may be, of each Class of Non-Vertically Retained Regular Certificates, the Class VRR
Certificates, the Uncertificated VRR Interest and each Uncertificated VRR Interest Portion immediately before and immediately
after such Distribution Date, separately identifying any reduction in the Certificate Balance, Notional Amount, Uncertificated
VRR Interest Balance or Uncertificated VRR Interest Portion Balance, as the case may be, of each such Class of Certificates, the
Uncertificated VRR Interest and each Uncertificated VRR Interest Portion due to applicable Realized Losses;

 

(R)            the Certificate Factor for each Class of Principal Balance Certificates and Class X Certificates immediately following such Distribution
Date;

 

(S)            the Principal Distribution Amount, VRR Principal Distribution Amount and Aggregate Principal Distribution Amount for such Distribution
Date;

 

(T)            the aggregate amount of Principal Prepayments made during the related Collection Period, and the aggregate amount of any Prepayment
Interest Excesses received and Prepayment Interest Shortfalls incurred in connection therewith;

 

(U)            the aggregate amount of losses on Mortgage Loans and Additional Trust Fund Expenses, if any, incurred with respect to the Trust
Fund during the related Collection Period, and any Realized Losses for the Non-Vertically Retained Principal Balance Certificates
and the Combined VRR Interest, respectively, for such Distribution Date;

 

(V)            any Appraisal Reduction Amounts and any Collateral Deficiency Amount on a loan-by-loan basis, and the total Appraisal Reduction

 

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Amounts,
Collateral Deficiency Amounts and Cumulative Appraisal Reduction Amount as of the related Determination Date;

 

(W)           identification of any material modification, extension or waiver of a Mortgage Loan;

 

(X)            identification of any material breach of the representations and warranties given with respect to a Mortgage Loan by the applicable
Mortgage Loan Seller;

 

(Y)
           the identity of the Operating Advisor;

 

(Z)            the amount of the Operating Advisor Fee, the Trustee/Certificate Administrator Fee and the CREFC® Intellectual
Property Royalty License Fee paid with respect to such Distribution Date;

 

(AA)       
an itemized listing of any Disclosable Special Servicer Fees received by the Special Servicer or any of its Affiliates during
the related Collection Period;

 

(BB)            the
identity of the Controlling Class;

 

(CC)            the
identity of the Controlling Class Representative;

 

(DD)
        such additional information as contemplated by Exhibit D to this Agreement; and

 

(EE)
         the information required by Rule 15Ga-1(a), as promulgated under the Exchange Act, concerning all assets of the Trust Fund that
were subject of a demand to repurchase or replace for breach of the representations and warranties in any of the Mortgage Loan
Purchase Agreements.

 

In
the case of information furnished pursuant to subclauses (A), (B), (C) and (Q) above, the amounts shall be expressed as a dollar
amount in the aggregate for all Certificates of each applicable Class and per single Certificate of a specified minimum denomination.
The form of any Distribution Date Statement may change over time.

 

On
each Distribution Date, the Certificate Administrator shall make available via the Certificate Administrator’s Website to
each Holder of a Class R Certificate a copy of the reports made available to the other Certificateholders on such Distribution
Date and a statement setting forth the amounts, if any, actually distributed with respect to the Class R Certificates in respect
of the related Trust REMIC on such Distribution Date. Such obligation of the Certificate Administrator shall be deemed to have
been satisfied to the extent that it provided substantially comparable information pursuant to any requirements of the Code as
from time to time in force. Subject to any potential liability for willful misconduct, bad faith or negligence under Sections
6.01, 6.03, 8.01 or 8.05, as applicable, none of the Master Servicer, the Special Servicer, the Trustee
or the Certificate Administrator shall be responsible for the accuracy or completeness of any information supplied to it by or
on behalf of a Mortgagor (or a third party on its behalf),

 

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any
Mortgage Loan Seller (including the information in the Prospectus), another party to this Agreement or a party to an Outside Servicing
Agreement that is included in any reports, statements, materials or information prepared or provided by it.

 

The
Certificate Administrator shall make available each month via the Certificate Administrator’s Website, to any Privileged
Person (or, in the case of item (vii) below, solely to Certificateholders, Certificate Owners and the Uncertificated VRR Interest
Owners, and provided that the Prospectus, Distribution Date Statements, this Agreement, the Mortgage Loan Purchase Agreements
and the Commission EDGAR filings referred to below (collectively, the “Public Documents”) will be available
to the general public, and provided  further that any Privileged Person that is a Borrower Party shall only be entitled
to access the Public Documents, except as otherwise provided herein with respect to the Special Servicer, any Controlling Class
Certificateholder and the Controlling Class Representative), the following items:

 

(i)
          the following “deal documents”:

 

(A)
           the Prospectus;

 

(B)            this Agreement, each Sub-Servicing Agreement delivered to the Certificate Administrator since the Closing Date (if any), the Mortgage
Loan Purchase Agreements and any amendments and exhibits hereto or thereto; and

 

(C)            CREFC® Loan Setup File delivered to the Certificate Administrator by the Master Servicer;

 

(ii)
        the following “Commission EDGAR filings”:

 

(A)           any reports on Forms 10-D, 10-K, 8-K and ABS-EE that have been filed by the Certificate Administrator with respect to the Trust
through the EDGAR system;

 

(iii)         the following documents, which shall initially be made available under a tab or heading designated “periodic reports”:

 

(A)
           the Distribution Date Statements;

 

(B)            the supplemental reports and the CREFC® data files identified as such in the definition of “CREFC®
Investor Reporting Package (IRP)” (other than the CREFC® Loan Setup File), to the extent the Certificate
Administrator has received such report or file; and

 

(C)
           all Operating Advisor Annual Reports;

 

(iv)         the following documents, which shall be made available under a tab or heading designated “additional documents”:

 

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(A)            the summary of any Final Asset Status Report delivered to the Certificate Administrator in electronic format pursuant to Section
3.21 of this Agreement;

 

(B)            any inspection reports prepared by or on behalf of the Master Servicer or the Special Servicer, as applicable, and delivered to
the Certificate Administrator pursuant to Section 3.18 of this Agreement;

 

(C)            any other Third Party Reports (or updates thereto) delivered to the Certificate Administrator in electronic format; and

 

(D)            any notice of the determination of an Appraisal Reduction Amount or Collateral Deficiency Amount with respect to any Mortgage
Loan, including the related CREFC® Appraisal Reduction Template;

 

(v)          the following documents, which shall be made available under a tab or heading designated “special notices”:

 

(A)            notice of any release based on an environmental release under this Agreement;

 

(B)            notice of any waiver, modification or amendment of any term of any Mortgage Loan;

 

(C)            notice of final payment on the Certificates or the Uncertificated VRR Interest;

 

(D)            all notices of the occurrence of any Servicer Termination Events received by the Certificate Administrator or any notice to Certificateholders
and the Uncertificated VRR Interest Owners of the termination of the Master Servicer or the Special Servicer;

 

(E)             notice of termination or resignation of the Master Servicer or the Special Servicer;

 

(F)             notice of resignation of the Trustee or the Certificate Administrator, and notice of the acceptance of appointment by the successor
Trustee or the successor Certificate Administrator, as applicable;

 

(G)            any notice of any request by requisite percentage of Certificateholders for a vote to terminate the Special Servicer pursuant
to Section 6.08(a) of this Agreement, the Operating Advisor pursuant to Section 7.06(b) of this Agreement or the
Asset Representations Reviewer pursuant to Section 11.05(b) of this Agreement;

 

(H)            any notice to Certificateholders of the Operating Advisor’s recommendation to replace the Special Servicer and the related
report prepared by the Operating Advisor in connection with such recommendation;

 

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(I)              notice of resignation or termination of the Operating Advisor or the Asset Representations Reviewer and notice of the acceptance
of appointment by the successor Operating Advisor or the successor Asset Representations Reviewer, as applicable;

 

(J)             notice of the Certificate Administrator’s determination that an Asset Review Trigger has occurred and a copy of any Final
Asset Review Report received by the Certificate Administrator;

 

(K)            any notice of the termination of a sub-servicer with respect to Mortgage Loans representing 10% or more of the aggregate principal
balance of all the Mortgage Loans;

 

(L)             any and all officer’s certificates and other evidence delivered to or by the Certificate Administrator to support its or
the Master Servicer’s, the Special Servicer’s, or the Trustee’s as the case may be, determination that any Advance
was (or, if made, would be) a Nonrecoverable Advance;

 

(M)          
notice of the termination of the Trust;

 

(N)            any notice that a Control Termination Event has occurred or is terminated or that a Consultation Termination Event has occurred;

 

(O)            any notice of the occurrence of an Operating Advisor Termination Event;

 

(P)             any notice of the occurrence of an Asset Representations Reviewer Termination Event;

 

(Q)            any assessments of compliance delivered to the Certificate Administrator;

 

(R)
           any attestation reports delivered to the Certificate Administrator;

 

(S)            any “special notices” required by a Certificateholder or the Uncertificated VRR Interest Owners to be posted on the
Certificate Administrator’s Website pursuant to Section 5.07; and

 

(T)           
any Proposed Course of Action Notice;

 

(vi)
       the Investor Q&A Forum;

 

(vii)       solely to Certificateholders, Certificate Owners and Uncertificated VRR Interest Owners that are Privileged Persons, the Investor
Registry; and

 

(viii)      the “Risk Retention” tab (which shall include, without limitation, any notice from the Depositor or from the Retaining
Sponsor regarding non-compliance by GS Bank with, or any other matter related to, Regulation RR);

 

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provided
that, with respect to a Control Termination Event or a Consultation Termination Event deemed to exist due solely to the existence
of an Excluded Mortgage Loan, the Certificate Administrator will only be required to make available such notice of the occurrence
and continuance of a Control Termination Event or the notice of the occurrence and continuance of a Consultation Termination Event
to the extent the Certificate Administrator has been notified of such Excluded Mortgage Loan.

 

Notwithstanding
the foregoing, all Excluded Information shall be made available under one separate tab or heading designated “Excluded
Information” on the Certificate Administrator’s Website (and not any of the headings described in items
(i) through (viii) above) and made available to Privileged Persons other than any Excluded Controlling Class
Holder (unless a loan-by-loan segregation is later performed by the Certificate Administrator in which case such access shall
only be prohibited with respect to the related Excluded Controlling Class Mortgage Loan(s)). Notwithstanding the foregoing,
nothing set forth in this Agreement shall prohibit the Controlling Class Representative or any Controlling Class
Certificateholder from receiving, requesting or reviewing any Excluded Information relating to any Excluded Controlling Class
Mortgage Loan with respect to which the Controlling Class Representative or such Controlling Class Certificateholder is not a
Borrower Party and, if such Excluded Information is not available to such Controlling Class Representative or Controlling
Class Certificateholder via the Certificate Administrator’s Website, such Controlling Class Representative or
Controlling Class Certificateholder that is not a Borrower Party with respect to the related Excluded Controlling Class
Mortgage Loan shall be entitled to obtain (upon reasonable request) such information in accordance with Section
4.02(e) of this Agreement.

 

Notwithstanding
any of the foregoing to the contrary, if the Special Servicer acquires knowledge that it is a Borrower Party with respect to any
Mortgage Loan or Serviced Loan Combination, the Special Servicer shall nevertheless have access to the Certificate Administrator’s
Website; provided, that the Special Servicer (i) shall not, directly or indirectly provide any information related to any
Excluded Special Servicer Mortgage Loan (which shall include, without limitation, any Excluded Information related to such Excluded
Special Servicer Mortgage Loan) to (A) any related Borrower Party, (B) any employees or personnel of the Special Servicer or any
of its Affiliates involved in the management of any investment in any related Borrower Party or the related Mortgaged Property
or (C) to the extent known to the Special Servicer, any non-Affiliate that holds a direct or indirect ownership interest in any
related Borrower Party or the related Mortgaged Property, and (ii) shall maintain sufficient internal controls and appropriate
policies and procedures in place in order to comply with the obligations described in clause (i) above. Notwithstanding any provision
to the contrary herein, the Certificate Administrator shall not have any obligation to restrict access by the Special Servicer
or any Excluded Mortgage Loan Special Servicer to any information on the Certificate Administrator’s Website related to
any Excluded Special Servicer Mortgage Loan.

 

Any
Person that is a Borrower Party shall be entitled to access (a) the Public Documents, and (b) in the case of the Controlling
Class Representative or a Controlling Class Certificateholder, if any such Person is an Excluded Controlling Class Holder,
upon delivery to the Master Servicer, the Special Servicer, the Operating Advisor, the Certificate Administrator and the
Trustee in physical form of an Investor Certification substantially in the form of Exhibit M-1C and a notice in the
form of Exhibit M-1F hereto certifying to the effect that it is an Excluded

 

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Controlling
Class Holder and upon delivery to the Certificate Administrator in physical form of an investor certification substantially in
the form of Exhibit M-1G, which shall include each of the CTSLink User ID associated with such Excluded Controlling Class
Holder, all information (other than Excluded Information related to the Excluded Controlling Class Mortgage Loan(s) (unless a
loan-by-loan segregation is later performed by the Certificate Administrator in which case such access shall only be prohibited
with respect to the Excluded Controlling Class Mortgage Loan(s) for which such Person is a Borrower Party)) available on the Certificate
Administrator’s Website.

 

In
the case of the Controlling Class Representative or Controlling Class Certificateholder that is not an Excluded Controlling
Class Holder, upon delivery of an investor certification substantially in the form of Exhibit M-1B hereto certifying
to the effect that it is not an Excluded Controlling Class Holder, such Controlling Class Representative or a Controlling
Class Certificateholder shall be entitled to access all information on the Certificate Administrator’s Website. The
Master Servicer, Special Servicer, Operating Advisor, Certificate Administrator and Trustee may each rely on (i) an Investor
Certification in the form of Exhibit M-1B hereto from the Controlling Class Representative or a Controlling Class
Certificateholder to the effect that such Person is not an Excluded Controlling Class Holder with respect to any Excluded
Controlling Class Mortgage Loan or (ii) an Investor Certification in the form of Exhibit M-1C hereto from the
Controlling Class Representative or a Controlling Class Certificateholder to the effect that such Person is an Excluded
Controlling Class Holder with respect to one or more Excluded Controlling Class Mortgage Loan(s). In the event the
Controlling Class Representative or a Controlling Class Certificateholder, as the case may be, becomes an Excluded
Controlling Class Holder, such party shall promptly notify each of the Master Servicer, the Special Servicer, the Operating
Advisor, the Certificate Administrator and the Trustee in writing substantially in the form of Exhibit M-1F to the
effect that such party is an Excluded Controlling Class Holder with respect to the Excluded Controlling Class Mortgage
Loan(s) listed in such notice and shall also provide the Certificate Administrator a notice substantially in the form of Exhibit
M-1G listing the CTSLink User ID associated with such Excluded Controlling Class Holder and directing the Certificate
Administrator to restrict such Excluded Controlling Class Holder’s access to the Certificate Administrator’s
Website as and to the extent provided in this Agreement. Upon confirmation from the Certificate Administrator that such
access has been restricted, such Excluded Controlling Class Holder shall submit a new investor certification substantially in
the form of Exhibit M-1C (which certification shall include, among other things, an acknowledgement and agreement by
such Excluded Controlling Class Holder that it is prohibited from accessing and reviewing (and it agrees not to access and
review) any Excluded Information with respect to any Excluded Controlling Class Mortgage Loans for which it is a Borrower
Party) to access the information on the Certificate Administrator’s Website, except that such Excluded Controlling
Class Holder shall not be entitled to access any Excluded Information related to any Excluded Controlling Class Mortgage
Loan(s) (unless a loan-by-loan segregation is later performed by the Certificate Administrator in which case such access
shall only be prohibited with respect to the Excluded Controlling Class Mortgage Loan(s) for which such Person is a Borrower
Party) made available on the Certificate Administrator’s Website. Any Excluded Information relating to an Excluded
Controlling Class Mortgage Loan that the Master Servicer, the Special Servicer or the Operating Advisor identifies and
delivers to the Certificate Administrator for posting to the Certificate Administrator’s Website shall be delivered to
the Certificate Administrator via email to cmbsexcludedinformation@wellsfargo.com in one or more separate files
labeled “Excluded Information” followed by the applicable loan name and loan number, and the
Certificate

 

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Administrator
shall segregate on the Certificate Administrator’s Website such Excluded Information on a separate excluded loan tab on
the Certificate Administrator’s Website (and, if possible at a later time, on a loan-by-loan basis). Notwithstanding anything
herein to the contrary, each of the Master Servicer, the Special Servicer, the Operating Advisor and the Certificate Administrator
shall be entitled to conclusively assume that the Controlling Class Representative and all Controlling Class Certificateholders
are not Excluded Controlling Class Holders except to the extent that the Master Servicer, the Special Servicer, the Operating
Advisor or the Certificate Administrator, as applicable, has received notice from the Controlling Class Representative or a Controlling
Class Certificateholder that it has become an Excluded Controlling Class Holder. None of the Master Servicer, the Special Servicer,
the Operating Advisor or the Certificate Administrator shall be liable for any communication to the Controlling Class Representative
or Controlling Class Certificateholder or disclosure of Excluded Information if the Master Servicer, the Special Servicer, the
Operating Advisor or the Certificate Administrator, as applicable, did not receive prior written notice that the related Mortgage
Loan is an Excluded Controlling Class Mortgage Loan (including, in the case of the summary of any Asset Status Report or the summary
of any Final Asset Status Report delivered to the Certificate Administrator for posting to the Certificate Administrator’s
Website and/or any failure to label any such information provided to the Certificate Administrator).

 

Each
of the Master Servicer, the Special Servicer, the Operating Advisor and the Certificate Administrator shall be entitled to conclusively
rely on any certification delivered by the Controlling Class Representative or a Controlling Class Certificateholder, as applicable,
substantially in the form of Exhibit M-1B to the effect that such Person is no longer an Excluded Controlling Class Holder.
To the extent the Controlling Class Representative or a Controlling Class Certificateholder receives access pursuant to this Agreement
to any Excluded Information with respect to a related Excluded Controlling Class Mortgage Loan on the Certificate Administrator’s
Website or otherwise receives access to such Excluded Information, such Controlling Class Representative or Controlling Class
Certificateholder shall be deemed to have agreed that it (i) will not directly or indirectly provide any information related to
the Excluded Controlling Class Mortgage Loan to (A) any related Borrower Party, (B) any Excluded Controlling Class Holder, (C)
any employees or personnel of such Controlling Class Representative or Controlling Class Certificateholder, (D) any Affiliate
involved in the management of any investment in any related Borrower Party or the related Mortgaged Property or (E) to its actual
knowledge, any non-Affiliate that holds a direct or indirect ownership interest in any related Borrower Party, and (ii) will maintain
sufficient internal controls and appropriate policies and procedures in place in order to comply with the obligations described
in clause (i) above.

 

To
the extent a Risk Retention Consultation Party or a Combined VRR Interest Owner receives access pursuant to this Agreement to
any information relating to an Excluded RRCP Mortgage Loan (or a Mortgage Loan with respect to which such Holder or owner is a
Borrower Party) and/or the related Mortgaged Property (which shall include any Major Decision Reporting Package, Asset Status
Reports, Final Asset Status Reports (or summaries thereof), inspection reports related to Specially Serviced Loans conducted by
the Special Servicer or any Excluded Mortgage Loan Special Servicer and which may include any Operating Advisor reports delivered
to the Certificate Administrator regarding the Special Servicer’s net present value determination, Collateral Deficiency
Amount determination or any Appraisal Reduction Amount calculations, and any Officer’s Certificates delivered by the Trustee,
the Master Servicer or the

 

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Special
Servicer, supporting any determination that any Advance was (or, if made, would be) a Nonrecoverable Advance, but in each case
other than information with respect to such Mortgage Loan that is aggregated with information of other Mortgage Loans at a pool
level), whether on the Certificate Administrator’s Website or otherwise, such Risk Retention Consultation Party or such
Combined VRR Interest Owner, as applicable, shall be deemed to have agreed that it (i) will not provide any such information to
(A) the related Borrower Party, (B) any employees or personnel of such Risk Retention Consultation Party or such Combined VRR
Interest Owner or any of its Affiliates involved in the management of any investment in the related Borrower Party or the related
Mortgaged Property or (C) to its actual knowledge, any non-Affiliate that holds a direct or indirect ownership interest in the
related Borrower Party, and (ii) will maintain sufficient internal controls and appropriate policies and procedures in order to
comply with the limitations described in clause (i) above. For the avoidance of doubt, any file or report contained in
the CREFC® Investor Reporting Package (CREFC® IRP) (other than the CREFC® Special
Servicer Loan File relating to any such Excluded Mortgage Loan) shall be considered information that is aggregated with information
of other Mortgage Loans at a pool level. Notwithstanding anything to the contrary in this Agreement, a Risk Retention Consultation
Party will be permitted to share with any Combined VRR Interest Owner any Major Decision Reporting Package that such Risk Retention
Consultation Party has received in connection with the exercise of its consultation rights pursuant to Section 6.09(a).

 

The
Certificate Administrator makes no representations or warranties as to the accuracy or completeness of information provided pursuant
to this Section and assumes no responsibility therefor. In addition, the Certificate Administrator disclaims responsibility for
any information distributed by the Certificate Administrator for which it is not the original source. In connection with providing
access to the Certificate Administrator’s Website, the Certificate Administrator may require registration and acceptance
of a disclaimer and may require a recipient of any of the information set forth above (other than the Public Documents) to execute
a confidentiality agreement (which may be in the form of a web page “click-through”). The Certificate Administrator
shall not be liable for the dissemination of information in accordance with this Agreement. Notwithstanding anything herein to
the contrary, the Certificate Administrator shall not be liable for any disclosure of Excluded Information relating to an Excluded
Controlling Class Mortgage Loan to the extent such information was included in the summary of any Asset Status Report or the summary
of any Final Asset Status Report delivered to the Certificate Administrator for posting to the Certificate Administrator’s
Website and not properly identified as relating to an Excluded Controlling Class Mortgage Loan.

 

The
Certificate Administrator shall have no liability for access by an Excluded Controlling Class Holder to the Certificate Administrator’s
Website of any information with respect to which such Excluded Controlling Class Holder is prohibited from accessing pursuant
to this Agreement if such Excluded Controlling Class Holder provided an Investor Certification but did not indicate it was a Borrower
Party.

 

The
Certificate Administrator shall provide assistance in using the Certificate Administrator’s Website through the Certificate
Administrator’s customer service desk at telephone number 1-866-846-4526.

 

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The
Certificate Administrator may provide such information through means other than (and in lieu of) the Certificate Administrator’s
Website; provided that (i) the Depositor shall have consented to such alternative means and (ii) Certificateholders, the
Uncertificated VRR Interest Owners and each of the Serviced Companion Loan Holders shall have received notice of such alternative
means (which notice may be given via the Certificate Administrator’s Website).

 

Any
Person that is a Mortgagor, a Manager of a Mortgaged Property, an Affiliate of the foregoing, or an agent of any Mortgagor shall
be entitled to access only the Prospectus, Distribution Date Statements, this Agreement, the Mortgage Loan Purchase Agreements
and the Commission EDGAR filings on the Certificate Administrator’s Website which are being made available to the general
public. The provisions in this Section shall not limit the Master Servicer’s ability to make accessible certain information
regarding the Mortgage Loans at a website maintained by the Master Servicer.

 

Within
a reasonable period of time after the end of each calendar year, the Certificate Administrator shall furnish to each Person who
at any time during the calendar year was a Holder of a Certificate or an Uncertificated VRR Interest Owner and requests in writing,
a statement containing the information as to the applicable Class or the Uncertificated VRR Interest set forth in clauses (A),
(B) and (C) of the description of Distribution Date Statements above, aggregated for such calendar year or applicable portion
thereof during which such person was a Certificateholder or an Uncertificated VRR Interest Owner, together with such other information
as the Certificate Administrator deems necessary or desirable, or that a Certificateholder, Certificate Owner or Uncertificated
VRR Interest Owner reasonably requests, to enable Certificateholders and the Uncertificated VRR Interest Owners to prepare their
tax returns for such calendar year. Such obligation of the Certificate Administrator shall be deemed to have been satisfied to
the extent that substantially comparable information shall be provided by the Certificate Administrator pursuant to any requirements
of the Code as from time to time are in force.

 

The
Certificate Administrator shall make the Investor Q&A Forum available only to Privileged Persons. The “Investor Q&A
Forum” shall be a service available on the Certificate Administrator’s Website, where Certificateholders and Certificate
Owners that are Privileged Persons may submit questions to (a) the Certificate Administrator relating to the Distribution Date
Statements, (b) the Master Servicer or the Special Servicer, as applicable, relating to the servicing reports prepared by that
party and being made available pursuant to this Section 4.02(a), the Mortgage Loans (excluding the Outside Serviced Mortgage
Loans) or the related Mortgaged Properties or (c) the Operating Advisor relating to the Operating Advisor Annual Reports or other
reports prepared by the Operating Advisor or actions by the Special Servicer referenced in such reports (collectively, “Inquiries”),
and (ii) Privileged Persons may view Inquiries that have been previously submitted and answered, together with the answers thereto.
Upon receipt of an Inquiry for the Operating Advisor, the Master Servicer or the Special Servicer, as applicable, the Certificate
Administrator shall forward the Inquiry to the appropriate Person and, in the case of an inquiry relating to an Outside Serviced
Mortgage Loan, to the applicable party under the related Outside Servicing Agreement, in each case within a commercially reasonable
period following receipt thereof.

 

Within
a commercially reasonable time following receipt of an Inquiry, the Certificate Administrator, the Operating Advisor, the Master
Servicer or the Special Servicer, as

 

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applicable,
unless it determines not to answer such Inquiry as provided below, shall reply to the Inquiry, which reply of the Operating Advisor,
the Master Servicer or Special Servicer shall be by e-mail to the Certificate Administrator. In the case of an Inquiry relating
to an Outside Serviced Mortgage Loan, the Certificate Administrator shall make reasonable efforts to obtain an answer from the
related Outside Servicer or the related Outside Special Servicer, as applicable; provided that the Certificate Administrator
shall not be responsible for the content of such answer or any delay or failure to obtain such answer. The Certificate Administrator
shall post (within a commercially reasonable period following preparation or receipt of such answer, as the case may be) such
Inquiry and the related answer to the Certificate Administrator’s Website. If the Certificate Administrator, the Operating
Advisor, the Master Servicer or the Special Servicer determines, in its respective sole discretion, that (i) any Inquiry is beyond
the scope of the topics described above, (ii) answering any Inquiry would not be in the best interests of the Trust and/or the
Certificateholders and the Uncertificated VRR Interest Owners, (iii) answering any Inquiry would be in violation of applicable
law, this Agreement (including requirements in respect of non-disclosure of Privileged Information) or the applicable Loan Documents,
(iv) answering any Inquiry would materially increase the duties of, or result in significant additional cost or expense to, the
Certificate Administrator, the Operating Advisor, the Master Servicer or the Special Servicer, as applicable, (v) answering any
Inquiry would require the disclosure of Privileged Information (subject to the Privileged Information Exception) or (vi) answering
any Inquiry is otherwise, for any reason, not advisable, then it shall not be required to answer such Inquiry and, in the case
of the Operating Advisor, the Master Servicer or the Special Servicer, shall promptly notify the Certificate Administrator of
such determination. In addition, no party shall post or otherwise disclose any direct communications with any Directing Holder
or Consulting Party as part of its response to any Inquiries. The Certificate Administrator shall notify the Person who submitted
such Inquiry in the event that the Inquiry will not be answered. The Certificate Administrator shall not be required to post to
the Certificate Administrator’s Website any Inquiry or answer thereto that the Certificate Administrator determines, in
its sole discretion, is administrative or ministerial in nature. The Investor Q&A Forum will not reflect questions, answers
and other communications which are not submitted via the Certificate Administrator’s Website. Answers posted on the Investor
Q&A Forum shall be attributable only to the respondent, and shall not be deemed to be answers from any of the Depositor, the
Underwriters, the Initial Purchasers or any of their respective Affiliates. None of the Underwriters, Initial Purchasers, Depositor,
any of their respective affiliates or any other person will certify as to the accuracy of any of the information posted in the
Investor Q&A Forum and no such person will have any responsibility or liability for the content of any such information. No
party to this Agreement shall disclose Privileged Information in the Investor Q&A Forum.

 

The
Certificate Administrator shall make the Investor Registry available to any Certificateholder, Certificate Owner or Uncertificated
VRR Interest Owner that is a Privileged Person. The “Investor Registry” shall be a voluntary service available
on the Certificate Administrator’s Website, where Certificateholders, Certificate Owners and the Uncertificated VRR Interest
Owners can register and thereafter obtain information with respect to any other Certificateholder, Certificate Owner or Uncertificated
VRR Interest Owner that has so registered. Any person registering to use the Investor Registry will be required to certify that
(a) it is a Certificateholder, a Certificate Owner or an Uncertificated VRR Interest Owner and (b) it grants authorization to
the Certificate Administrator to make its name and contact information available on the Investor Registry for at least 45 days
from the date of such certification to other registered

 

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Certificateholders,
registered Certificate Owners and the registered Uncertificated VRR Interest Owners. Such Person shall then be asked to enter
certain mandatory fields such as the individual’s name, the company name and e-mail address, as well as certain optional
fields such as address, phone, and Class(es) of Certificates owned. If any Certificateholder, any Certificate Owner or any Uncertificated
VRR Interest Owner notifies the Certificate Administrator that it wishes to be removed from the Investor Registry (which notice
may not be within 45 days of its registration), the Certificate Administrator shall promptly remove it from the Investor Registry.
The Certificate Administrator will not be responsible for verifying or validating any information submitted on the Investor Registry,
or for monitoring or otherwise maintaining the accuracy of any information thereon. The Certificate Administrator may require
acceptance of a waiver and disclaimer for access to the Investor Registry.

 

Upon
filing with the IRS, the Certificate Administrator shall furnish to the Holders of the Class R Certificates the IRS Form 1066
for each Trust REMIC and shall furnish their respective Schedules Q thereto at the times required by the Code or the IRS, and
shall provide from time to time such information and computations with respect to the entries on such forms as any Holder of the
Class R Certificates may reasonably request.

 

The
specification of information to be furnished by the Certificate Administrator in this Section 4.02 (and any other terms
of this Agreement requiring or calling for delivery or reporting of information by the Certificate Administrator to Certificateholders,
Certificate Owners and the Uncertificated VRR Interest Owners) shall not limit the Certificate Administrator in furnishing, and
the Certificate Administrator is hereby authorized to furnish, to any Privileged Person any other information (such other information,
collectively, “Additional Information”) with respect to the Mortgage Loans or Serviced Loan Combinations, the
Mortgaged Properties or the Trust Fund as may be provided to it by the Depositor, the Master Servicer or the Special Servicer
or gathered by it in any investigation or other manner from time to time, provided that (A) while there exists any Servicer
Termination Event, any such Additional Information shall only be furnished with the consent or at the request of the Depositor
(except pursuant to clause (E) below or to the extent such information is requested by a Certifying Certificateholder), (B) the
Certificate Administrator shall be entitled to indicate the source of all information furnished by it, and the Certificate Administrator
may affix thereto any disclaimer it deems appropriate in its sole discretion (together with any warnings as to the confidential
nature and/or the uses of such information as it may, in its sole discretion, determine appropriate), (C) the Certificate Administrator
may notify any Privileged Person of the availability of any such information in any manner as it, in its sole discretion, may
determine, (D) the Certificate Administrator shall be entitled (but not obligated) to require payment from each recipient of a
reasonable fee for, and its out-of-pocket expenses incurred in connection with, the collection, assembly, reproduction or delivery
of any such Additional Information, and (E) the Certificate Administrator shall be entitled to distribute or make available such
Additional Information in accordance with such reasonable rules and procedures as it may deem necessary or appropriate (which
may include the requirement that an agreement that provides such information shall be used solely for purposes of evaluating the
investment characteristics or valuation of the Certificates be executed by the recipient, if and to the extent the Certificate
Administrator deems the same to be necessary or appropriate). Nothing herein shall be construed to impose upon the Certificate
Administrator any obligation or duty to furnish or distribute any Additional Information to any Person in any instance, and the
Certificate Administrator shall neither have any liability for furnishing nor for refraining from furnishing

 

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Additional
Information in any instance. The Certificate Administrator shall be entitled (but not required) to request and receive direction
from the Depositor as to the manner of delivery of any such Additional Information, if and to the extent the Certificate Administrator
deems necessary or advisable, and to require that any consent, direction or request given to it pursuant to this Section be made
in writing.

 

The
Depositor hereby authorizes the Certificate Administrator to, and the Certificate Administrator shall, make available to Bloomberg,
L.P., Trepp, LLC, Intex Solutions, Inc., BlackRock Financial Management, Inc., CMBS.com, Inc., Moody’s Analytics, Markit
Group Limited, RealINSIGHT, Thompson Reuters Corporation, Intercontinental Exchange | ICE Data Services, KBRA Analytics, LLC or
such other vendor chosen by the Depositor that submits to the Certificate Administrator a certification in the form of Exhibit
M-3 to this Agreement, all the Distribution Date Statements, CREFC® reports and supplemental notices delivered
or made available pursuant to this Section 4.02(a) to Privileged Persons.

 

(b)          No later than the Business Day prior to each Distribution Date, subject to the third from last paragraph of this subsection
(b), the Master Servicer shall deliver or cause to be delivered to the Certificate Administrator, the Operating Advisor and
the Special Servicer in electronic form mutually acceptable to the Certificate Administrator, the Operating Advisor, the Special
Servicer and the Master Servicer the following reports or information (and any other files as may be, or have been, adopted and
promulgated by CREFC® as part of the CREFC® Investor Reporting Package (IRP) from time to time):
(1) a CREFC® REO Status Report, (2) a CREFC® Historical Loan Modification/Forbearance and Corrected
Mortgage Loan Report, (3) CREFC® Total Loan Report, (4) the CREFC® Servicer Watch List/Portfolio
Review Guidelines, (5) the CREFC® Financial File, (6) the CREFC® Property File, (7) except for the
first two Distribution Dates, the CREFC® Comparative Financial Status Report, (8) the CREFC® Loan
Level Reserve/LOC Report, (9) the CREFC® Advance Recovery Report and (10) the CREFC® Delinquent
Loan Status Report.

 

With
respect to each Serviced Companion Loan that is held by an Other Securitization Trust, the Master Servicer shall deliver or cause
to be delivered to the related Other Servicer all reports required to be delivered by the Master Servicer to the Certificate Administrator
pursuant to this Section 4.02(b) (which shall include all loan-level reports constituting the CREFC® Investor Reporting
Package (IRP)), to the extent related to such Serviced Companion Loan, the related Mortgaged Property or the related Mortgage
Note, no later than the earlier of (x) the Master Servicer Remittance Date and (y) the Business Day immediately following the
“determination date” (or analogous concept) set forth in the related Other Pooling and Servicing Agreement.

 

No
later than the Business Day prior to each Distribution Date except for the first two Distribution Dates, the Master Servicer shall
deliver to the Certificate Administrator and the Operating Advisor (by electronic means) the CREFC® Comparative
Financial Status Report for each Mortgage Loan or related Mortgaged Property as of the Determination Date immediately preceding
the preparation of such report for each of the following three periods (but only to the extent the related Mortgagor is required
by the Mortgage to deliver and does deliver, or otherwise agrees to provide and does provide, such information): (a) the most
current available year-to-date; (b) each of the previous two full fiscal years stated separately (to the extent such information
is in

 

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the
Master Servicer’s possession); and (c) the “base year” (representing the original analysis of information used
as of the Cut-Off Date).

 

The
Master Servicer shall provide to the Certificate Administrator the CREFC® Loan Setup File no later than 4:00 p.m.
on the third Business Day before the first Distribution Date to the extent it has received from the Mortgage Loan Sellers one
or more spreadsheets (with the data fields filled) containing the data necessary for the completion of the aggregate pool-wide
CREFC® Loan Setup File.

 

No
later than 2:00 p.m., New York City time, on the second Business Day prior to each Distribution Date, the Master Servicer shall
deliver to the Certificate Administrator (i) a CREFC® Loan Periodic Update File setting forth certain information
with respect to the Mortgage Loans and Mortgaged Properties and (ii) the CREFC® Appraisal Reduction Template, to the extent
received, or prepared pursuant to Section 3.10(a) of this Agreement, by the Master Servicer.

 

The
Master Servicer shall prepare the initial CREFC® Financial File and the initial CREFC® Loan Periodic
Update File based on the initial data with respect to each Mortgage Loan provided by the Mortgage Loan Sellers pursuant to the
respective Mortgage Loan Purchase Agreements.

 

Not
later than 5:00 p.m. (New York City time) on each Distribution Date beginning June 2022, the Master Servicer shall deliver to
the Certificate Administrator and the Depositor (in the case of the Depositor, to the Depositor’s email addresses set forth
in Section 12.04 together with the name, phone number and email address of the servicing officer of the Master Servicer
to contact with any questions related to the CREFC® Schedule AL File and the Schedule AL Additional File) a single
CREFC® Schedule AL File (with respect to each Mortgage Loan that was part of the Mortgage Pool during any portion
of the related reporting period covered by the Form 10-D required to be filed with respect to the subject Distribution Date pursuant
to Section 10.04) and the related Schedule AL Additional File, in each case, in EDGAR-Compatible Format and Excel format;
provided, however, that the Master Servicer shall have no obligation to prepare or deliver the CREFC® Schedule
AL File or the Schedule AL Additional File unless and until the Master Servicer receives the Initial Schedule AL File and the
Initial Schedule AL Additional File from the Depositor in EDGAR-Compatible Format and Excel format; and provided, further,
that, if the Master Servicer has not received the Initial Schedule AL File and the Initial Schedule AL Additional File from the
Depositor prior to the time it would need the Initial Schedule AL File and the Initial Schedule AL Additional File in order for
the Master Servicer to prepare the CREFC® Schedule AL File with respect to the first Distribution Date, the Master
Servicer shall request the Initial Schedule AL File and the Initial Schedule AL Additional File from the Depositor, including
by email to the email addresses for the Depositor set forth in Section 12.04. If the CREFC® Schedule AL
File is not provided by the Master Servicer to the Certificate Administrator by 5:00 p.m. (New York City time) on any Distribution
Date, the Certificate Administrator shall notify the Depositor in writing and also request such CREFC® Schedule
AL File from the Master Servicer via email to KC_Investor_Reporting@keybank.com.
The Master Servicer shall be entitled to conclusively rely, absent manifest error, without any due diligence, investigation or
verification, on the content, completeness and accuracy of the Initial Schedule AL File and the Initial Schedule AL Additional
File, in each case, as of the Closing Date. Any Schedule AL Additional File that the Master Servicer determines, in accordance
with the Servicing Standard, to

 

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deliver
in connection with any CREFC® Schedule AL File prepared by the Master Servicer pursuant to this paragraph shall
be delivered in EDGAR-Compatible Format and in Excel format to the Certificate Administrator concurrently with the delivery of
the related CREFC® Schedule AL File. With respect to each Outside Serviced Mortgage Loan, the Master Servicer shall
include the analogous CREFC® Schedule AL File and/or Schedule AL Additional File, as applicable, information that
it receives from the related Outside Servicer under the applicable Outside Servicing Agreement in the single CREFC®
Schedule AL File and/or Schedule AL Additional File, as applicable, that it delivers to the Certificate Administrator for the
subject Distribution Date.

 

With
respect to any Mortgage Loan that is or becomes subject to a forbearance agreement (or any agreement similar thereto) during the
reporting period covered by any CREFC® Schedule AL File prepared by the Master Servicer, the Master Servicer shall so notify
the Certificate Administrator and the Depositor in writing (which notification may be in the form of electronic mail) and the
Master Servicer shall include as part of such CREFC® Schedule AL File the appropriate code designations indicating
(or to the extent such information cannot be sufficiently indicated via an available code designation, a contemporary explanatory
note in the related Schedule AL Additional File indicating) that such Mortgage Loan is in forbearance, and if such Mortgage Loan
is reported in such CREFC® Schedule AL File as “current” during the applicable forbearance period, the Master
Servicer shall include a contemporary explanatory note in the related Schedule AL Additional File to reflect that the related
Mortgagor is in compliance with such forbearance agreement or similar agreement.

 

In
addition, the Master Servicer (with respect to Performing Serviced Loans) or Special Servicer (with respect to Specially Serviced
Loans and REO Properties), as applicable, shall prepare the following with respect to each Mortgaged Property and REO Property,
in each case other than with respect to any Outside Serviced Mortgage Loan:

 

(i)           Within 30 days after receipt of a quarterly operating statement, if any, for each calendar quarter, commencing with respect to
the calendar quarter ending September 30, 2022, a CREFC® Operating Statement Analysis Report (but only to the extent
the related Mortgagor is required by the related Loan Documents to deliver and does deliver, or otherwise agrees to provide and
does provide, such information) for such Mortgaged Property or REO Property as of the end of such calendar quarter; provided,
however, that any analysis or report with respect to the first calendar quarter of each year shall not be required to the
extent provided in the then current applicable CREFC® guidelines (it being understood that as of the Closing Date, the applicable
CREFC® guidelines provide that such analysis or report with respect to the first calendar quarter (in each year) is not required
for a Mortgaged Property unless such Mortgaged Property is analyzed on a trailing 12-month basis, or if the related Serviced Mortgage
Loan is on the CREFC® Servicer Watch List). The Master Servicer (with respect to Performing Serviced Loans) or Special Servicer
(with respect to Specially Serviced Loans and REO Properties), as applicable, shall deliver to the Certificate Administrator,
the Operating Advisor and each related Serviced Companion Loan Holder (or the master servicer or special servicer for the related
Other Securitization Trust on its behalf) by electronic means the CREFC® Operating Statement Analysis Report upon
request; and

 

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(ii)          Within 30 days after receipt by the Special Servicer (with respect to Specially Serviced Loans and REO Properties) or the Master
Servicer (with respect to Performing Serviced Loans) of any annual operating statement or rent rolls, commencing with respect
to the calendar year ending December 31, 2022, a CREFC® NOI Adjustment Worksheet (but only to the extent the related
Mortgagor is required by the related Loan Documents to deliver and does deliver, or otherwise agrees to provide and does provide,
such information), presenting the computation to “normalize” the full year net operating income and debt service coverage
numbers used by the Master Servicer in preparing the CREFC® Comparative Financial Status Report above. The Special
Servicer or the Master Servicer shall deliver to the Certificate Administrator, the Operating Advisor and each related Serviced
Companion Loan Holder (or the master servicer or special servicer for the related Other Securitization Trust on its behalf) by
electronic means the CREFC® NOI Adjustment Worksheet upon request.

 

Notwithstanding
anything to the contrary contained herein, with respect to any Serviced Loan related to any Significant Obligor, the Master Servicer
(with respect to Performing Serviced Loans) or the Special Servicer (with respect to Specially Serviced Loans and REO Properties)
shall be required to complete (and, in the case of the Special Servicer, to deliver to the Master Servicer) any CREFC files, reports
and/or templates necessary in order to comply with (or, in the case of the Special Servicer, to facilitate compliance with) the
Master Servicer’s obligations under Section 10.11 of this Agreement and the Exchange Act filing obligations of the
Depositor and/or any Other Depositor, as applicable, with respect to such Significant Obligor.

 

The
Certificate Administrator shall deliver or shall cause to be delivered, upon request, to the Rule 17g-5 Information Provider (for
posting to the Rule 17g-5 Information Provider’s Website pursuant to Section 12.13 of this Agreement), to each Certificateholder,
to each party hereto, to any Underwriter and/or to any Initial Purchaser and to each Person that provides the Certificate Administrator
with an Investor Certification a copy of the CREFC® Operating Statement Analysis Report and CREFC®
NOI Adjustment Worksheet most recently performed by the Master Servicer with respect to any Mortgage Loan or Serviced Loan Combination
and delivered to the Certificate Administrator.

 

Upon
request (and in any event, not more frequently than once per month), the Master Servicer shall forward to the Certificate Administrator
(as to the Collection Account), the Operating Advisor, any related Serviced Companion Loan Holder or the master servicer or special
servicer for the related Other Securitization Trust on its behalf (as to the related Loan Combination Custodial Account) and,
for posting to the Rule 17g-5 Information Provider’s Website pursuant to Section 12.13 of this Agreement, the Rule
17g-5 Information Provider a statement, setting forth the status of the Collection Account and each Loan Combination Custodial
Account as of the close of business on such Master Servicer Remittance Date, stating that all remittances to the Certificate Administrator
required by this Agreement to be made by the Master Servicer have been made (or, in the case of any such required remittance that
has not been made by the Master Servicer, specifying the nature and status thereof) and showing, for the period from the preceding
Master Servicer Remittance Date (or, in the case of the first Master Servicer Remittance Date, from the Cut-Off Date) to such
Master Servicer Remittance Date, the aggregate of deposits into and withdrawals from the Collection Account and each Loan Combination
Custodial Account for each category of deposit specified in Section 3.05(a) of this Agreement and each category of withdrawal

 

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specified
in Section 3.06 of this Agreement. The Master Servicer shall also deliver to the Certificate Administrator and (solely
as to a Serviced Loan Combination) the related Serviced Companion Loan Holder, upon reasonable request of the Certificate Administrator
or any Serviced Companion Loan Holder, any and all additional information relating to the Mortgage Loans or Serviced Loan Combinations
in the possession of the Master Servicer (which information shall be based upon reports delivered to the Master Servicer by the
Special Servicer with respect to Specially Serviced Loans and REO Properties).

 

Further,
the Master Servicer shall cooperate with the Special Servicer and provide the Special Servicer with the information in the possession
of the Master Servicer reasonably requested by the Special Servicer, in writing, to the extent required to allow the Special Servicer
to perform its obligations under this Agreement with respect to those Mortgage Loans serviced by the Master Servicer.

 

The
obligation of the Master Servicer to deliver the reports required to be delivered by it pursuant to this subsection is subject
to the Master Servicer having received from the Special Servicer in a timely manner the related reports and information in the
possession of the Special Servicer necessary or required to enable the Master Servicer to prepare and deliver such reports. The
Master Servicer shall not be responsible for the accuracy or content of any report, document or information furnished by the Special
Servicer to the Master Servicer pursuant to this Agreement and accepted by the Master Servicer in good faith pursuant to this
Agreement.

 

The
obligation of the Special Servicer to deliver the reports required to be delivered by it pursuant to this subsection is subject
to the Special Servicer having received from the Master Servicer in a timely manner the related reports and information in the
possession of the Master Servicer necessary or required to enable the Special Servicer to prepare and deliver such reports. The
Special Servicer shall not be responsible for the accuracy or content of any report, document or information furnished by the
Master Servicer to the Special Servicer pursuant to this Agreement and accepted by the Special Servicer in good faith pursuant
to this Agreement.

 

With
respect to an Outside Serviced Mortgage Loan, the Master Servicer shall deliver information comparable to the above-described
information to the same Persons as described above in this Section 4.02(b) and according to the same time frames as described
above in this Section 4.02(b), with reasonable promptness following such Master Servicer’s receipt of such information
from the related Outside Servicer under the applicable Outside Servicing Agreement.

 

(c)          Not later than 5:00 p.m. New York time on each Determination Date, the Special Servicer shall forward to the Master Servicer,
for each Specially Serviced Loan and REO Property (other than an REO Property related to an Outside Serviced Mortgage Loan), a
CREFC® Special Servicer Loan File and CREFC® Special Servicer Property File. The Special Servicer
shall also deliver to the Certificate Administrator, upon the reasonable written request of the Certificate Administrator, any
and all additional information in the possession of the Special Servicer relating to the Specially Serviced Loans and the REO
Properties (other than an REO Property related to an Outside Serviced Mortgage Loan).

 

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The
Special Servicer shall cooperate with the Master Servicer and provide the Master Servicer with the information in the possession
of the Special Servicer reasonably requested by the Master Servicer, in writing, to the extent required to allow the Master Servicer
to perform its obligations under this Agreement with respect to the Specially Serviced Loans and REO Properties (other than an
REO Property related to an Outside Serviced Mortgage Loan).

 

The
Master Servicer may make available to Privileged Persons copies of any reports or files prepared by the Master Servicer pursuant
to this Agreement. The Master Servicer may make information concerning the Mortgage Loans or Serviced Loan Combinations available
on any website that it has established.

 

With
respect to an Outside Serviced Mortgage Loan, the Master Servicer shall deliver information comparable to the above-described
information to the extent received from the related Outside Servicer or the related Outside Special Servicer, as applicable, to
the same Persons as described above in this Section 4.02(c) and according to the same time frames as described above in
this Section 4.02(c), with reasonable promptness following such Master Servicer’s receipt of such information from
the related Outside Servicer under the related Outside Servicing Agreement.

 

Upon
the reasonable request of (i) any Certificateholder, Certificate Owner or Uncertificated VRR Interest Owner that has delivered
an appropriate Investor Certification or (ii) any other Privileged Person so identified by a Certificate Owner, an Uncertificated
VRR Interest Owner or an Underwriter, the Master Servicer shall provide (or forward electronically) at the expense of such Privileged
Person, Certificateholder, Certificate Owner or Uncertificated VRR Interest Owner, as applicable, copies of any appraisals, operating
statements, rent rolls and financial statements obtained by the Master Servicer; provided that in no event shall an Excluded Controlling
Class Holder be entitled to Excluded Information with respect to an Excluded Controlling Class Mortgage Loan with respect to which
it is a Borrower Party; and provided, further, that no Certificateholders, Certificate Owners or Uncertificated VRR Interest Owner
shall be given access to or be provided copies of, any Mortgage Files or Diligence Files except, solely with respect to Mortgage
Files, as otherwise provided in Section 8.11(b) of this Agreement. In connection with such request, the Master Servicer
may require (1) a written confirmation executed by the requesting Person substantially in such form as may be reasonably acceptable
to the Master Servicer, generally to the effect that (a) such Person will keep such information confidential and will use such
information only for the purpose of analyzing asset performance and evaluating any continuing rights the Certificateholder, Certificate
Owner or Uncertificated VRR Interest Owner may have under this Agreement and (b) if the requesting party is neither a Certificateholder
nor a Certificate Owner and is not an Uncertificated VRR Interest Owner, such Person is Privileged Person, and (2) payment of
a sum sufficient to cover the reasonable costs and expenses of providing copies of such reports or information (which amounts
in any event are not reimbursable as Additional Trust Fund Expenses), except that, other than for extraordinary or duplicate requests,
any Directing Holder or Consulting Party (other than the holder of a Serviced Companion Loan or its representative) will be entitled
to reports and information free of charge. For the avoidance of doubt, the Master Servicer shall not make any Asset Status Reports
or Final Asset Status Reports available to any Certificateholders, any Certificate Owners or any Uncertificated VRR Interest Owners
on its website. None of the parties to this Agreement shall provide any Asset Status Report or any Final Asset Status Report to
the Certificate Administrator (provided that the Special

 

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Servicer
shall provide a summary of each Final Asset Status Report to the Certificate Administrator pursuant to Section 3.21(b)).
If the Certificate Administrator receives any Asset Status Report or any Final Asset Status Report, the Certificate Administrator
shall not provide any such Asset Status Report or any Final Asset Status Report to any Certificateholder, any Certificate Owner
or any Uncertificated VRR Interest Owner and shall not post any such Asset Status Report or any Final Asset Status Report to the
Certificate Administrator’s Website. As an alternative to providing copies of any information as contemplated by this paragraph,
the Master Servicer may, consistent with the terms above and the other terms of this Agreement, provide access to such information
on its website at no expense to the requesting party.

 

(d)          The Master Servicer shall withdraw from the Collection Account and pay the CREFC® Intellectual Property Royalty
License Fee to CREFC® in accordance with Section 3.06(a)(vi) on a monthly basis, from funds on deposit in
the Collection Account. Any payments of the CREFC® Intellectual Property Royalty License Fee shall be made to “CRE Finance
Council” and delivered by wire transfer pursuant to instructions provided by CREFC® to the Master Servicer.

 

(e)          Upon the reasonable request of the Controlling Class Representative or any Controlling Class Certificateholder that, in either
case, is an Excluded Controlling Class Holder with respect to any Excluded Controlling Class Mortgage Loan identified to the Master
Servicer’s (in the case of a Performing Serviced Loan) or the Special Servicer’s (in the case of a Specially Serviced
Loan) reasonable satisfaction (at the expense of the Controlling Class Representative or such Controlling Class Certificateholder)
and if such information is in the Master Servicer’s or Special Servicer’s possession, as applicable, the Master Servicer
or Special Servicer, shall provide or make available (or forward electronically) to the Controlling Class Representative or such
Controlling Class Certificateholder, as applicable, (at the expense of the Controlling Class Representative or such Controlling
Class Certificateholder, as applicable) any Excluded Information (available to Privileged Persons through the Certificate Administrator’s
Website but not accessible to the Controlling Class Representative or such Controlling Class Certificateholder, as applicable,
through the Certificate Administrator’s Website because the Controlling Class Representative or such Controlling Class Certificateholder,
as applicable, is an Excluded Controlling Class Holder with respect to another Excluded Controlling Class Mortgage Loan) relating
to any Excluded Controlling Class Mortgage Loan with respect to which the Controlling Class Representative or such Controlling
Class Certificateholder, as applicable, is not a Borrower Party; provided that, in connection therewith, the Master Servicer
or Special Servicer may require a written confirmation executed by the requesting Person substantially in such form as may be
reasonably acceptable to the Master Servicer or Special Servicer, generally to the effect that such Person is the Controlling
Class Representative or a Controlling Class Certificateholder, will keep such Excluded Information confidential and is not a Borrower
Party, upon which the Master Servicer or Special Servicer may conclusively rely. In addition, the Master Servicer and the Special
Servicer shall be entitled to conclusively rely on delivery from the Controlling Class Representative or a Controlling Class Certificateholder,
as applicable, of an Investor Certification substantially in the form of Exhibit M-1C that such Controlling Class Representative
or Controlling Class Certificateholder is not an Excluded Controlling Class Holder with respect to a particular Mortgage Loan.
For the avoidance of doubt, the Special Servicer referenced in this Section 4.02(e) shall include any applicable Excluded
Mortgage Loan Special Servicer with respect to the related Excluded Special Servicer Mortgage Loan(s).

 

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Section
4.03    Compliance With Withholding Requirements.

 

(a)          Notwithstanding any other provision of this Agreement, the Paying Agent shall comply with all federal withholding requirements
with respect to payments to Certificateholders and the Uncertificated VRR Interest Owners of interest or original issue discount
that the Paying Agent reasonably believes are applicable under the Code. The consent of Certificateholders and/or the Uncertificated
VRR Interest Owners shall not be required for any such withholding. In the event the Paying Agent or its agent withholds any amount
from interest or original issue discount payments or advances thereof to any Certificateholder or any Uncertificated VRR Interest
Owner pursuant to federal withholding requirements, the Paying Agent shall indicate the amount withheld to such Certificateholder
or such Uncertificated VRR Interest Owner. Any amount so withheld shall be treated as having been distributed to such Certificateholder
or such Uncertificated VRR Interest Owner for all purposes of this Agreement.

 

(b)          Each Certificate Owner, Certificateholder and Uncertificated VRR Interest Owner, by the purchase of a Certificate or an Uncertificated
VRR Interest Portion or its acceptance of a beneficial interest therein, acknowledges that interest on the Certificates and the
Uncertificated VRR Interest will be treated as United States source interest, and, as such, United States withholding tax may
apply. Each such Certificate Owner, each such Certificateholder and each such Uncertificated VRR Interest Owner further agrees,
upon request, to provide any certifications that may be required under applicable law, regulations or procedures to evidence its
status for United States withholding tax purposes and understands that if it ceases to satisfy the foregoing requirements or provide
requested documentation, payments to it under the Certificates may be subject to United States withholding tax (without any corresponding
gross-up). Without limiting the foregoing, if a payment made under this Agreement would be subject to United States federal withholding
tax imposed by FATCA if the recipient of such payment were to fail to comply with FATCA (including the requirements of Code Sections
1471(b) or 1472(b), as applicable), such recipient shall deliver to the Paying Agent, with a copy to each of the Trustee and the
Certificate Administrator, at the time or times prescribed by the Code and at such time or times reasonably requested by the Paying
Agent or the Trustee, such documentation prescribed by the Code (including as prescribed by Code Section 1471(b)(3)(C)(i)) and
such additional documentation reasonably requested by the Paying Agent, the Trustee or the Certificate Administrator to comply
with their respective obligations under FATCA, to determine that such recipient has complied with such recipient’s obligations
under FATCA, or to determine the amount to deduct and withhold from such payment. For these purposes, “FATCA”
means Section 1471 through 1474 of the Code and any regulations or official interpretations thereof (including any revenue ruling,
revenue procedure, notice or similar guidance issued by the U.S. Internal Revenue Service thereunder as a precondition to relief
or exemption from taxes under such Sections, regulations and interpretations), any agreements entered into pursuant to Code Section
1471(b)(1), and including any amendments made to FATCA after the date of this Agreement.

 

Section
4.04    REMIC Compliance.

 

(a)          The parties intend that each Trust REMIC shall constitute, and that the affairs of each Trust REMIC shall be conducted so as to
qualify it as, a “real estate mortgage investment conduit” as defined in, and in accordance with, the REMIC Provisions,
and the provisions hereof shall be interpreted consistently with this intention. In furtherance of such

 

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intention,
the Certificate Administrator shall, to the extent permitted by applicable law, act as agent, and is hereby appointed to act as
agent, of each Trust REMIC and shall on behalf of each Trust REMIC: (i) prepare, timely deliver to the Trustee for execution (and
the Trustee shall timely execute) and file, or cause to be prepared and filed, all required Tax Returns for each Trust REMIC,
using a calendar year as the taxable year for each Trust REMIC when and as required by the REMIC Provisions and other applicable
federal, state or local income tax laws; (ii) make an election, on behalf of each Trust REMIC, to be treated as a REMIC on IRS
Form 1066 for its first taxable year ending December 31, 2022, in accordance with the REMIC Provisions; (iii) prepare and forward,
or cause to be prepared and forwarded, to the Certificateholders (other than the Holders of the Class S Certificates), the Uncertificated
VRR Interest Owners and the IRS and applicable state and local tax authorities all information reports as and when required to
be provided to them in accordance with the REMIC Provisions of the Code; (iv) if the filing or distribution of any documents of
an administrative nature not addressed in clauses (i) through (iii) of this Section 4.04(a) is then required by the REMIC
Provisions in order to maintain the status of each Trust REMIC as a REMIC or is otherwise required by the Code, prepare, sign
and file or distribute, or cause to be prepared and signed and filed or distributed, such documents with or to such Persons when
and as required by the REMIC Provisions or the Code or comparable provisions of state and local law; (v) obtain a taxpayer identification
number for the Upper-Tier REMIC and the Lower-Tier REMIC on IRS Form SS-4, and, within thirty days of the Closing Date, furnish
or cause to be furnished to the IRS, on IRS Form 8811 or as otherwise may be required by the Code, the name, title and address
of the Person that the holders of the Certificates and the Uncertificated VRR Interest Owners may contact for tax information
relating thereto (and the Certificate Administrator shall act as the representative of each Trust REMIC for this purpose), together
with such additional information as may be required by such IRS Form, and shall update such information at the time or times and
in the manner required by the Code (and the Depositor agrees within 10 Business Days of the Closing Date to provide any information
reasonably requested by the Master Servicer or the Certificate Administrator and necessary to make such filing); and (vi) maintain
such records relating to each Trust REMIC as may be necessary to prepare the foregoing returns, schedules, statements or information,
such records, for federal income tax purposes, to be maintained on a calendar year and on an accrual basis.

 

The
Certificate Administrator shall be the “partnership representative” of each Trust REMIC (within the meaning of Code
Section 6223, to the extent such provision is applicable to the Trust REMICs). The Certificate Administrator shall make any elections
allowed under the Code (i) to avoid the application of Section 6221 of the Code (or successor provision) to any Trust REMIC and
(ii) to avoid payment by any Trust REMIC under Section 6225 of the Code of any tax, penalty, interest or other amount imposed
under the Code that would otherwise be imposed on any holder of any residual interest of any Trust REMIC, past or present. Each
Holder of a Percentage Interest in the Class R Certificates, by acceptance thereof, is deemed to agree to any such elections and
to the Certificate Administrator’s acting as “partnership representative” of each Trust REMIC that can be designated
under the Code.

 

The
Certificate Administrator shall not intentionally take any action or intentionally omit to take any action within its control
and the scope of its duties if, in taking or omitting to take such action, the Certificate Administrator knows that such action
or omission (as the case may be) would cause the termination of the REMIC status of a Trust REMIC or the imposition of tax on
a

 

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Trust
REMIC (other than a tax on income expressly permitted or contemplated to be received by the terms of this Agreement).

 

Notwithstanding
any provision of this paragraph or the three preceding paragraphs to the contrary, the Certificate Administrator shall not be
required to take any action that the Certificate Administrator in good faith believes to be inconsistent with any other provision
of this Agreement, nor shall the Certificate Administrator be deemed in violation of this paragraph if it takes any action expressly
required or authorized by any other provision of this Agreement, and the Certificate Administrator shall have no responsibility
or liability with respect to any act or omission of the Depositor or the Master Servicer which does not enable the Certificate
Administrator to comply with any of clauses (i) through (vi) of the third preceding paragraph or which results in any action contemplated
by clauses (i) through (iii) of the next succeeding sentence. In this regard the Certificate Administrator shall (i) not allow
the occurrence of any “prohibited transactions” within the meaning of Code Section 860F(a), unless the party seeking
such action shall have delivered to the Certificate Administrator an Opinion of Counsel (at such party’s expense) that such
occurrence would not (a) result in a taxable gain, (b) otherwise subject a Trust REMIC to tax (other than a tax at the corporate
tax rate on net income from foreclosure property), or (c) cause any Trust REMIC to fail to qualify as a REMIC for federal income
tax purposes; (ii) not allow a Trust REMIC to receive income from the performance of services or from assets not permitted under
the REMIC Provisions to be held by such Trust REMIC (provided, however, that the receipt of any income expressly
permitted or contemplated by the terms of this Agreement shall not be deemed to violate this clause); and (iii) not permit the
creation of any “interests,” within the meaning of the REMIC Provisions, in the Upper-Tier REMIC other than the Non-Vertically
Retained Regular Certificates, the Class VRR Upper-Tier Regular Interest and the Upper-Tier Residual Interest or in the Lower-Tier
REMIC other than the Lower-Tier Regular Interests and the Lower-Tier Residual Interest. None of the Trustee, the Master Servicer,
the Special Servicer or the Depositor shall be responsible or liable for any failure by the Certificate Administrator to comply
with the provisions of this Section 4.04. The Depositor, the Master Servicer and the Special Servicer shall cooperate in
a timely manner with the Certificate Administrator in supplying any information within the Depositor’s, the Master Servicer’s
or the Special Servicer’s control (other than any confidential information) that is reasonably necessary to enable the Certificate
Administrator to perform its duties under this Section 4.04.

 

(b)          The following assumptions are to be used for purposes of determining the anticipated payments of principal and interest for calculating
the original yield to maturity and original issue discount with respect to the Non-Vertically Retained Regular Certificates and
the Class VRR Upper-Tier Regular Interest: (i) each Mortgage Loan will pay principal and interest in accordance with its terms
and scheduled payments will be timely received on their Due Dates, provided that the Mortgage Loans in the aggregate will
prepay in accordance with the Prepayment Assumption; (ii) none of the Master Servicer, the Special Servicer, the Depositor and
the Class R Certificateholder will exercise the right described in Section 9.01 of this Agreement to cause early termination
of the Trust Fund; and (iii) no Mortgage Loan is repurchased or substituted for by the applicable Mortgage Loan Seller pursuant
to Article II of this Agreement.

 

Section
4.05    Imposition of Tax on the Trust REMICs. In the event that any tax, including interest, penalties or assessments, additional
amounts or additions to tax, is imposed on a Trust REMIC, such tax shall be charged against amounts otherwise distributable with
respect to the

 

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Non-Vertically
Retained Regular Certificates, the Class VRR Upper-Tier Regular Interest and the Class R Certificates, as applicable; provided
that any taxes imposed on any net income from foreclosure property pursuant to Code Section 860G(d) or any similar tax
imposed by a state or local jurisdiction shall instead be treated as an expense of the related REO Property in determining
Net REO Proceeds with respect to the REO Property (and until such taxes are paid, the Special Servicer from time to time
shall withdraw from the REO Account and transfer to the Certificate Administrator for deposit into the Distribution Accounts,
as applicable, amounts reasonably determined by the Certificate Administrator to be necessary to pay such taxes, and the
Certificate Administrator shall return to the Special Servicer the excess determined by the Certificate Administrator from
time to time of the amount in excess of the amount necessary to pay such taxes); provided that any such tax imposed on net
income from foreclosure property that exceeds the amount in any such reserve shall be retained from Aggregate Available Funds
as provided in Section 3.06(a)(vii) of this Agreement and the next sentence. Except as provided in the preceding
sentence, the Certificate Administrator is hereby authorized to and shall retain or cause to be retained from the
Distribution Account in determining the amount of Aggregate Available Funds sufficient funds to pay or provide for the
payment of, and to actually pay, such tax as is legally owed by the applicable Trust REMIC (but such authorization shall not
prevent the Certificate Administrator from contesting, at the expense of the Trust Fund, any such tax in appropriate
proceedings, and withholding payment of such tax, if permitted by law, pending the outcome of such proceedings). The
Certificate Administrator is hereby authorized to and shall segregate or cause to be segregated, into a separate non-interest
bearing account, (i) the net income from any “prohibited transaction” under Code Section 860F(a) or (ii) the
amount of any contribution to a Trust REMIC after the Startup Day that is subject to tax under Code Section 860G(d) and
use such income or amount, to the extent necessary, to pay such tax (and return the balance thereof, if any, to the related
Distribution Account). To the extent that any such tax is paid to the IRS, the Certificate Administrator shall retain an
equal amount from future amounts otherwise distributable to the Holders of the Class R Certificates in respect of the related
residual interest and shall distribute such retained amounts to the Holders of Non-Vertically Retained Regular Certificates
in respect of such Certificates, to the Holders of the Class VRR Certificates and the Uncertificated VRR Interest Owners in
respect of the Class VRR Upper-Tier Regular Interest or to the Certificate Administrator in respect of the Lower-Tier Regular
until they are fully reimbursed and then to the Holders of the Class R Certificates in respect of the related residual
interest. None of the Master Servicer, the Special Servicer, the Certificate Administrator or the Trustee shall be
responsible for any taxes imposed on a Trust REMIC except to the extent such tax is attributable to a breach of a
representation or warranty of the Master Servicer, the Special Servicer, the Certificate Administrator or the Trustee or an
act or omission of the Master Servicer, the Special Servicer, the Certificate Administrator or the Trustee in contravention
of this Agreement in both cases, provided, further, that such breach, act or omission could result in liability
under Section 6.03, in the case of the Master Servicer or the Special Servicer, as applicable, or Section 4.04
or Section 8.01, in the case of the Certificate Administrator or the Trustee. Notwithstanding anything in this
Agreement to the contrary, in each such case, the Master Servicer or the Special Servicer shall not be responsible for the
Certificate Administrator’s, the Authenticating Agent’s, the Certificate Registrar’s, the Paying
Agent’s or the Trustee’s breaches, acts or omissions, and the Trustee shall not be responsible for the breaches,
acts or omissions of the Certificate Administrator, the Master Servicer, the Special Servicer, the Authenticating Agent, the
Certificate Registrar or the Paying Agent, and the Certificate Administrator shall not be responsible for the breaches, acts
or omissions

 

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of
the Trustee, the Master Servicer, the Special Servicer and, in each case if a different entity than the Certificate Administrator,
the Authenticating Agent, the Certificate Registrar or the Paying Agent.

 

Section
4.06    Remittances; P&I Advances.

 

(a)          On the Master Servicer Remittance Date immediately preceding each Distribution Date, the Master Servicer shall:

 

(i)           remit to the Certificate Administrator for deposit in the Lower-Tier REMIC Distribution Account an amount equal to the Yield Maintenance
Charges applicable to the Mortgage Loans (but not a Companion Loan) received by the Master Servicer during the Collection Period
relating to such Distribution Date (or, in the case of an Outside Serviced Mortgage Loan, received by the Master Servicer as of
the close of business on the Business Day immediately preceding the applicable Master Servicer Remittance Date and not previously
so remitted to the Certificate Administrator);

 

(ii)          remit to the Certificate Administrator for deposit in the Lower-Tier REMIC Distribution Account an amount equal to the Aggregate
Available Funds applicable to the Mortgage Loans (other than the amounts referred to in clause (iv) below and clause (e) of the
definition of “Aggregate Available Funds”);

 

(iii)
        remit to CREFC® the CREFC® Intellectual Property Royalty License Fee;

 

(iv)        
make a P&I Advance by remittance to the Certificate Administrator for deposit into the Lower-Tier REMIC Distribution
Account, in an amount equal to the sum of the Applicable Monthly Payments for each Mortgage Loan (including any Outside Serviced
Mortgage Loan, any REO Mortgage Loan and any Mortgage Loan related to a Loan Combination, but not a Companion Loan) to the extent
such amounts were not received by the Master Servicer on such Mortgage Loan as of the close of business on the Determination Date
(without regard to any grace period) in the same month as (or, in the case of an Outside Serviced Mortgage Loan, was not received
by the Master Servicer on such Mortgage Loan as of the close of business on the Business Day immediately preceding) such Master
Servicer Remittance Date), except that the portion of any such P&I Advance equal to the CREFC® Intellectual
Property Royalty License Fee for each such Mortgage Loan shall not be remitted to the Certificate Administrator but shall instead
be remitted to CREFC® and the portion of such P&I Advance equal to the Asset Representations Reviewer Ongoing
Fee, the Operating Advisor Fee or the Trustee/Certificate Administrator Fee, to the extent the subject fee remains unpaid to the
applicable party hereunder, shall be deposited in the Collection Account or the applicable Loan Combination Custodial Account,
as applicable, for payment to such party;

 

(v)         
remit to the Certificate Administrator, as compensation for it and the Trustee, the Trustee/Certificate Administrator Fee for
the related Distribution Date out of the amounts from which it is payable;

 

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(vi)        remit to the Certificate Administrator for deposit in the Excess Liquidation Proceeds Reserve Account an amount equal to the Excess
Liquidation Proceeds received during the related Collection Period (or, in the case of an Outside Serviced Mortgage Loan, received
by the Master Servicer as of the close of business on the Business Day immediately preceding the applicable Master Servicer Remittance
Date and not previously so remitted to the Certificate Administrator), if any; and

 

(vii)       remit to the Certificate Administrator for deposit in the Excess Interest Distribution Account all Excess Interest for the related
Distribution Date then on deposit in the Collection Account after giving effect to withdrawals of funds pursuant to Section
3.06(a)(ii) through Section 3.06(a)(ix) of this Agreement.

 

Neither
the Master Servicer nor the Trustee shall be required or permitted to make an advance for Balloon Payments, Default Interest,
Excess Interest or Yield Maintenance Charges, or delinquent Monthly Payments on the Companion Loans or any REO Companion Loans.
The amount required to be advanced in respect of delinquent payments of interest on any Mortgage Loan as to which an Appraisal
Reduction Amount exists will equal the product of (i) the amount otherwise required to be advanced by the Master Servicer with
respect to delinquent payments of interest without giving effect to such Appraisal Reduction Amounts, and (ii) a fraction, the
numerator of which is the Stated Principal Balance of such Mortgage Loan as of the last day of the related Collection Period,
reduced by such Appraisal Reduction Amount, and the denominator of which is the Stated Principal Balance of such Mortgage Loan
as of the last day of the related Collection Period. Appraisal Reduction Amounts shall not affect the principal portion of any
P&I Advances.

 

Any
amount advanced by the Master Servicer pursuant to Section 4.06(a)(iv) of this Agreement shall constitute a P&I Advance
for all purposes of this Agreement and the Master Servicer shall be entitled to reimbursement (with interest at the Advance Rate).
The Special Servicer shall have no obligation to make any P&I Advance.

 

The
Certificate Administrator shall notify the Master Servicer and the Trustee by telephone if as of 3:00 p.m., New York City time,
on the Master Servicer Remittance Date, the Certificate Administrator has not received the amount of a required P&I Advance
hereunder. If as of 11:00 a.m., New York City time, on any Distribution Date the Master Servicer shall not have made the P&I
Advance required to have been made on the related Master Servicer Remittance Date pursuant to Section 4.06(a)(iv) of this
Agreement, the Certificate Administrator shall notify the Trustee and the Trustee shall no later than 1:00 p.m., New York City
time, on such Business Day deposit into the Lower-Tier REMIC Distribution Account in immediately available funds an amount equal
to the P&I Advances otherwise required to have been made by the Master Servicer.

 

Neither
the Master Servicer nor the Trustee shall be obligated to make a P&I Advance as to any Monthly Payment on any date on which
a P&I Advance is otherwise required to be made by this Section 4.06 if the Master Servicer or the Trustee, as applicable,
or the Special Servicer determines that such Advance will be a Nonrecoverable Advance. The determination by any Person with an
obligation hereunder to make P&I Advances that it has made (or in the case of a determination by the Special Servicer, that
the Master Servicer or the Trustee has made) a Nonrecoverable Advance or the determination by the Special Servicer, the Master
Servicer or the

 

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Trustee
that any proposed P&I Advance, if made, would constitute a Nonrecoverable Advance, shall be made by such Person (i) in the
case of the Master Servicer or the Special Servicer, in accordance with the Servicing Standard or (ii) in the case of the Trustee,
in its good faith business judgment, and shall be evidenced by an Officer’s Certificate as set forth in Section 4.06(b).
In connection with a determination by the Special Servicer, the Master Servicer or the Trustee as to whether a P&I Advance
previously made or to be made constitutes or would constitute a Nonrecoverable Advance:

 

(A)            any such Person will be entitled to consider (among other things) the obligations of the Mortgagor under the terms of the related
Mortgage Loan or Serviced Loan Combination as it may have been modified, to consider (among other things) the related Mortgaged
Properties in their “as is” or then current conditions and occupancies, as modified by such party’s assumptions
regarding the possibility and effects of future adverse change with respect to such Mortgaged Properties, to estimate and consider
(among other things) future expenses and to estimate and consider (among other things) the timing of recoveries;

 

(B)            any such Person may update or change its recoverability determinations at any time (but not reverse any other Person’s determination
that an Advance is a Nonrecoverable Advance) and may obtain at the expense of the Trust Fund any analysis, Appraisals or market
value estimates or other information for such purposes;

 

(C)            the Special Servicer may, at its option, make a determination in accordance with the Servicing Standard that any proposed P&I
Advance, if made, would be a Nonrecoverable Advance or that any outstanding P&I Advance is a Nonrecoverable Advance and may
deliver to the Master Servicer, the Trustee, any applicable Directing Holder and the Controlling Class Representative if it is
an applicable Consulting Party, notice of such determination, which determination shall be conclusive and binding on the Master
Servicer and the Trustee;

 

(D)            although
the Special Servicer may determine whether a P&I Advance is a Nonrecoverable Advance, the Special Servicer will have no right
to (i)    make an affirmative determination that any P&I Advance previously made or to be made (or contemplated
to be made) by the Master Servicer or the Trustee is, or would be, recoverable or (ii) reverse any determination that may have
been made by the Master Servicer or the Trustee or to prohibit the Master Servicer or the Trustee from making a determination
that a P&I Advance constitutes or would constitute a Nonrecoverable Advance; provided that this sentence will not be
construed to limit the Special Servicer’s right to make a determination that a P&I Advance to be made (or contemplated
to be made) would be, or a previously made Advance is, a Nonrecoverable Advance, as described in this Section 4.06;

 

(E)            any non-recoverability determination by the Master Servicer or the Special Servicer pursuant to this Section 4.06 with
respect to the recoverability of P&I Advances shall be conclusive and binding on the Master Servicer (in the case of such
a determination by the Special Servicer) and the Trustee;

 

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(F)             the Master Servicer shall provide notice to the Trustee on or prior to the Master Servicer Remittance Date of any such non-recoverability
determination made by the Master Servicer on or prior to such date;

 

(G)            the Trustee shall be entitled to rely, conclusively, on any determination by the Master Servicer or Special Servicer that a P&I
Advance, if made, would be a Nonrecoverable Advance; provided, however, that if the Master Servicer has failed to
make a P&I Advance for reasons other than a determination by the Master Servicer or Special Servicer that such Advance would
be a Nonrecoverable Advance, the Trustee shall make such advance within the time periods required by this Section 4.06
unless the Trustee, in its good faith business judgment, or the Special Servicer, in accordance with the Servicing Standard, makes
a determination prior to the times specified in this Section 4.06 that such advance would be a Nonrecoverable Advance;

 

(H)            the Special Servicer shall report, promptly upon making a determination contemplated in this paragraph, to the Master Servicer
the Special Servicer’s determination as to whether any P&I Advance made with respect to any previous Distribution Date
or required to be made with respect to a future Distribution Date with respect to any Specially Serviced Loan is a Nonrecoverable
P&I Advance, and if the Special Servicer determines that such P&I Advance is a Nonrecoverable P&I Advance, such determination
shall be conclusive and binding on the Master Servicer and the Trustee, and the Master Servicer and the Trustee shall be entitled
to conclusively rely on such determination; and

 

(I)              notwithstanding the foregoing, the Trustee may conclusively rely upon any determination by the Master Servicer or the Special
Servicer that any P&I Advance would be recoverable (unless a non-recoverability determination has been made by the other servicer
in accordance with clause (E) above which is binding on the Trustee), and the Master Servicer may conclusively rely upon any determination
by the Special Servicer that any P&I Advance would be recoverable.

 

The
Master Servicer or the Trustee, as applicable, shall be entitled to the reimbursement of P&I Advances it makes (together with
interest thereon) to the extent permitted pursuant to Section 3.06(a)(ii) of this Agreement and each of the Master Servicer
and Special Servicer hereby covenants and agrees to promptly seek and effect the reimbursement of such Advances from the related
Mortgagors to the extent permitted by applicable law and the related Mortgage Loan.

 

Within
2 Business Days of making a P&I Advance on any Mortgage Loan that is part of a Loan Combination, the Master Servicer or the
Trustee, as applicable, shall provide written notice of the amount of such P&I Advance to (i) if such Mortgage Loan is part
of a Serviced Loan Combination, the related Other Servicer, Other Special Servicer and Other Trustee of each Other Securitization
Trust that holds a related Serviced Companion Loan, if any, or (ii) if such Mortgage Loan is part of an Outside Serviced Loan
Combination, the related Outside Servicer, Outside Special Servicer and Outside Trustee of the related Outside Securitization
Trust.

 

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With
respect to P&I Advances and each Outside Serviced Mortgage Loan, the Master Servicer and the Trustee shall be entitled to
rely on the “appraisal reduction amount” calculated by the related Outside Special Servicer or the related Outside
Servicer in accordance with the terms of the applicable Outside Servicing Agreement.

 

(b)          The determination by the Master Servicer, the Trustee or the Special Servicer that a P&I Advance has become a Nonrecoverable
P&I Advance or that any proposed P&I Advance, if made pursuant to this Section 4.06 with respect to any Mortgage
Loan (or with respect to any successor REO Mortgage Loan with respect to any of the foregoing), would constitute a Nonrecoverable
P&I Advance, shall be evidenced by an Officer’s Certificate delivered on or prior to the next Master Servicer Remittance
Date to the Trustee (unless it is the Person making the determination), any applicable Directing Holder, the holder of any related
Pari Passu Companion Loan or its Companion Loan Holder Representative (in the case of a Pari Passu Loan Combination), the Master
Servicer (unless it is the Person making the determination), the Special Servicer (unless it is the Person making the determination)
and, if the Trustee is making the determination, the Depositor, setting forth the basis for such determination, together with
any other information that supports such determination together with a copy of any Appraisal of the related Mortgaged Property
or REO Property, as the case may be (which Appraisal shall be an expense of the Trust, shall take into account any material change
in circumstances of which such Person is aware or such Person has received new information, either of which has a material effect
on the value and shall have been conducted in accordance with the standards of the Appraisal Institute within the twelve months
preceding such determination of nonrecoverability), and further accompanied by related Mortgagor operating statements and financial
statements, budgets and rent rolls of the related Mortgaged Property (to the extent available and/or in such Person’s possession)
and any engineers’ reports, environmental surveys or similar reports that such Person may have obtained and that support
such determination. The Master Servicer and the Special Servicer shall consider Unliquidated Advances with respect to prior P&I
Advances for the purpose of nonrecoverability determinations as if such amounts were unreimbursed P&I Advances.

 

(c)           With respect to each Outside Serviced Mortgage Loan, the Master Servicer, the Special Servicer or the Trustee shall make its determination
(based on information provided by the applicable Outside Servicer and Outside Special Servicer) that a P&I Advance that has
been made on such Outside Serviced Mortgage Loan (or any successor REO Mortgage Loan with respect thereto) is a Nonrecoverable
Advance or that any proposed P&I Advance would, if made, constitute a Nonrecoverable Advance with respect to such Outside
Serviced Mortgage Loan independently of any determination made by the applicable Outside Servicer, the applicable Outside Special
Servicer or the Outside Trustee, as the case may be, under the applicable Outside Servicing Agreement in respect of the related
Outside Serviced Companion Loan. If the Master Servicer, the Special Servicer or the Trustee determines that a proposed P&I
Advance with respect to an Outside Serviced Mortgage Loan, if made, or any outstanding P&I Advance with respect to an Outside
Serviced Mortgage Loan previously made, would be, or is, as applicable, a Nonrecoverable Advance, the Master Servicer, the Special
Servicer or the Trustee, as applicable, shall provide the applicable Outside Servicer and Outside Special Servicer written notice
of such determination within two (2) Business Days of the date of such determination. If the Master Servicer receives written
notice from the related Outside Servicer or the related Outside Special Servicer, as the case may be, that either has determined,
or the Outside Trustee has determined, in accordance with the applicable Outside Servicing Agreement with respect to an Outside
Serviced

 

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Companion
Loan, that any proposed advance under the applicable Outside Servicing Agreement that is similar to a P&I Advance would be,
or any outstanding advance under such Outside Servicing Agreement that is similar to a P&I Advance is, a nonrecoverable advance,
then the Master Servicer, the Special Servicer or the Trustee may, based upon such determination, determine that any P&I Advance
previously made or proposed to be made with respect to the related Outside Serviced Mortgage Loan will be a Nonrecoverable P&I
Advance. Thereafter, in either case, the Master Servicer and the Trustee shall not be required to make any additional P&I
Advances with respect to the related Outside Serviced Mortgage Loan unless and until the Master Servicer or the Trustee, as the
case may be, determines that any such additional P&I Advances with respect to the related Outside Serviced Mortgage Loan would
not be a Nonrecoverable P&I Advance, which determination may be as a result of consultation with the related Outside Servicer
or the related Outside Special Servicer, as the case may be, or otherwise. For the avoidance of doubt, the Master Servicer, the
Special Servicer or the Trustee, as the case may be, shall have the sole discretion provided in this Agreement to determine that
any future P&I Advance or outstanding P&I Advance would be, or is, as applicable, a Nonrecoverable Advance. Any non-recoverability
determination by the Master Servicer or the Special Servicer pursuant to this Section 4.06 with respect to the recoverability
of P&I Advances shall be conclusive and binding on the Master Servicer (in the case of such a determination by the Special
Servicer) and the Trustee.

 

(d)          If the Trustee, the Master Servicer or the Special Servicer has received written notice from Fitch, Moody’s or DBRS Morningstar
to the effect that continuation of the Master Servicer or the Special Servicer in such capacity would result in the downgrade,
qualification or withdrawal of any rating then assigned by Fitch, Moody’s or DBRS Morningstar, as applicable, to any Class
of Certificates and citing servicing concerns with such Master Servicer or Special Servicer, as applicable, as the sole or material
factor in such rating action, and such notice is not rescinded within 60 days, then the Trustee, the Master Servicer or the Special
Servicer, as applicable, shall promptly notify the other such parties and the Certificate Administrator, and the Certificate Administrator
shall promptly notify the Serviced Companion Loan Holder and the applicable master servicer of any Serviced Companion Loan.

 

(e)          For the avoidance of doubt, if a Mortgage Loan is subject to a forbearance agreement, standstill agreement or similar agreement
that provides for a temporary deferral or similar temporary accommodation with respect to all or a portion of the related Monthly
Payments, the Master Servicer shall make P&I Advances for such Mortgage Loan based on the terms of the related Loan Documents
in effect immediately prior to the date of such forbearance or similar agreement, subject to any non-recoverability determination
with respect to such Mortgage Loan.

 

Section
4.07    Grantor Trust Reporting.

 

(a)          The Certificate Administrator shall maintain adequate books and records to account for the separate entitlements of the Grantor
Trust.

 

(b)          The parties intend that the Grantor Trust shall be treated as a “grantor trust” under the Code, and the provisions
thereof shall be interpreted consistently with this intention. In furtherance of such intention, none of the Depositor, the Master
Servicer, the Special Servicer, the Trustee or the Certificate Administrator shall vary the assets of the Grantor Trust so as
to take advantage of market fluctuations or so as to improve the rate of return of the Grantor Trust

 

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Certificates
or the Uncertificated VRR Interest, and shall otherwise comply with Treasury Regulations Section 301.7701-4(c). The Certificate
Administrator shall timely file or cause to be timely filed with the IRS Form 1041, Form 1099 or such other form as may be applicable
and shall furnish or cause to be furnished to the Holders of the respective Classes of the Grantor Trust Certificates and the
Uncertificated VRR Interest Owners, their allocable share of income and expense with respect to the VRR Specific Grantor Trust
Assets, the Class S Specific Grantor Trust Assets and proceeds thereof as such amounts are received or accrue, as applicable.

 

(c)          (i)            The Grantor Trust is a WHFIT that is a WHMT. The Certificate Administrator shall report as required under the WHFIT Regulations
to the extent such information as is reasonably necessary to enable the Certificate Administrator to do so is provided to the
Certificate Administrator on a timely basis. The Certificate Administrator will not be liable for any tax reporting penalties
that may arise under the WHFIT Regulations in the event that the IRS makes a determination that is contrary to the first sentence
of this paragraph.

 

(ii)          The Certificate Administrator, in its discretion, shall report required WHFIT information using either the cash or accrual method,
except to the extent the WHFIT Regulations specifically require a different method. With respect to the Class S Certificates,
the Certificate Administrator is hereby directed to assume that Hare & Co. is the only “middleman” as defined
by the WHFIT Regulations unless it has actual knowledge to the contrary or the Depositor provides the Certificate Administrator
with the identity of any other “middlemen”. The Certificate Administrator shall make available (via the Certificate
Administrator’s Website) WHFIT information to Certificateholders and the Uncertificated VRR Interest Owners annually. In
addition, the Certificate Administrator shall not be responsible or liable for providing subsequently amended, revised or updated
information to any Certificateholder or Uncertificated VRR Interest Owner, unless requested by such Certificateholder or such
Uncertificated VRR Interest Owner.

 

(iii)         The Certificate Administrator shall not be liable for failure to meet the reporting requirements of the WHFIT Regulations nor
for any penalties thereunder if such failure is due to: (i) the lack of reasonably necessary information that is not in its possession
being provided to the Certificate Administrator or (ii) incomplete, inaccurate or untimely information being provided to the Certificate
Administrator. Each owner of a class of securities representing, in whole or in part, beneficial ownership of an interest in a
WHFIT, by acceptance of its interest in such class of securities, will be deemed to have agreed to provide the Certificate Administrator
with information regarding any sale of such securities, including the price, amount of proceeds and date of sale. Absent receipt
of information regarding any sale of Certificates, including the price, amount of proceeds and date of sale from the beneficial
owner thereof or the Depositor, the Certificate Administrator shall assume there is no secondary market trading of WHFIT interests.

 

(d)          To the extent required by the WHFIT Regulations, the Certificate Administrator shall use reasonable efforts to publish on the
Certificate Administrator’s Website the CUSIP Numbers for the Certificates that represent ownership of a WHFIT. The CUSIP
Number so published will represent the Rule 144A CUSIP Numbers. The Certificate

 

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Administrator
shall make reasonable good faith efforts to keep the website accurate and updated to the extent CUSIP Numbers have been received.
Absent the receipt of a CUSIP Number, the Certificate Administrator will use a reasonable identifier number in lieu of a CUSIP
Number. The Certificate Administrator shall not be liable for investor reporting delays that result from the receipt of inaccurate
or untimely CUSIP Number information.

 

Section
4.08    Calculations.

 

Provided
that the Certificate Administrator receives the necessary loan-level information from the Master Servicer and/or the Special Servicer,
the Certificate Administrator shall be responsible for performing all calculations necessary in connection with the actual and
deemed distributions to be made pursuant to Section 4.01, the preparation of the Distribution Date Statements pursuant
to Section 4.02(a) and the actual and deemed allocations of Realized Losses to be made pursuant to Section 4.01.
The Certificate Administrator shall calculate the Principal Distribution Amount, the VRR Principal Distribution Amount, the Aggregate
Principal Distribution Amount, the Interest Distribution Amounts, the VRR Interest Distribution Amount and the VRR Realized Loss
Interest Distribution Amount for each Distribution Date and shall allocate such amounts among Certificateholders and the Uncertificated
VRR Interest Owners in accordance with this Agreement. Absent actual knowledge of an error therein, the Certificate Administrator
shall have no obligation to recompute, recalculate or otherwise verify any loan-level information provided to it by the Master
Servicer. The calculations by the Certificate Administrator contemplated by this Section 4.08 shall, in the absence of
manifest error, be deemed to be correct for all purposes hereunder.

 

Section
4.09 Secure Data Room. (a) Within 60 days of the Closing Date, the Certificate Administrator shall create a Secure Data
Room, and the Depositor shall, upon the earlier of (i) receipt of all the Mortgage Loan Sellers’ Diligence File Certifications
and (ii) the 120th day following the Closing Date (but, in any event, no earlier than the date on which the Depositor has received
a written notice from the Certificate Administrator that the Secure Data Room has been created), deliver to the Certificate Administrator
(but solely with respect to any Diligence File(s) received by the Depositor as to which it has received the related Mortgage Loan
Seller’s Diligence File Certification) an electronic copy of the Diligence Files for the Mortgage Loans that have been uploaded
by the Mortgage Loan Sellers to the Designated Site. After the 120th day following the Closing Date, the Depositor may deliver
any Mortgage Loan Seller’s Diligence Files to the Certificate Administrator if it has not previously delivered such Mortgage
Loan Seller’s Diligence Files to the Certificate Administrator. Upon receipt thereof, the Certificate Administrator shall
promptly upload the contents of each Diligence File to the Secure Data Room. Access to the Secure Data Room shall be granted by
the Certificate Administrator to (i) the Asset Representations Reviewer and (ii) any other Person at the direction of the Depositor,
in each case, upon the occurrence of an Affirmative Asset Review Vote and receipt by the Certificate Administrator of a certification
substantially in the form of Exhibit KK hereto. In no case whatsoever shall Certificateholders or the Uncertificated VRR
Interest Owners be permitted to access the Secure Data Room. For the avoidance of doubt, the Certificate Administrator shall be
under no obligation to post any documents to the Secure Data Room other than the contents of the Diligence Files initially delivered
to it by the Depositor with respect to each Mortgage Loan Seller.

 

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(b)          The Certificate Administrator shall not have any obligation or duty to verify, review, confirm or otherwise determine whether
the type, number or contents of any Diligence File delivered to the Certificate Administrator is accurate, complete, or relates
to the transaction or confirm that all documents and information constituting any Diligence File have actually been delivered
to the Certificate Administrator. In no case shall the Certificate Administrator be deemed to have obtained actual or constructive
knowledge of the contents of, or information contained in, any Diligence File by virtue of posting such Diligence File to the
Secure Data Room. In the event that any document is posted in error, the Certificate Administrator may remove such document from
the Secure Data Room. The Certificate Administrator shall not have any obligation to produce physical or electronic copies of
any document provided to it for posting to the Secure Data Room. The Certificate Administrator shall not be responsible or held
liable for any other Person’s use or dissemination of the documents contained on the Secure Data Room; provided that
such event or occurrence is not also a result of its own negligence, bad faith or willful misconduct. The Certificate Administrator
shall not be required to restrict access to the Secure Data Room on a loan-by-loan basis and any Person with access to the Secure
Data Room shall covenant to access only the documents necessary to perform its duties and responsibilities under this Agreement.

 

(c)          Upon the resignation or removal of the Certificate Administrator pursuant to Section 8.07, the Certificate Administrator
shall transfer electronic copies of the Diligence Files to a successor certificate administrator designated in writing by the
Depositor or the Master Servicer, and all costs and expenses associated with the transfer of the Diligence Files shall be payable
as part of the costs and expenses associated with the transfer of its responsibilities upon the resignation or removal of the
Certificate Administrator pursuant to Section 8.07. Following the date on which any Mortgage Loan is paid in full, liquidated,
repurchased or otherwise removed from the Trust, the Special Servicer may (but shall not be obligated to) direct the Certificate
Administrator in writing to delete the Diligence File related to such Mortgage Loan from the Secure Data Room; provided
that absent such direction, the Certificate Administrator shall not be obligated to delete any Diligence File from the Secure
Data Room. Following the termination of the Trust pursuant to Section 9.01, the Certificate Administrator shall be permitted
to delete all files from the Secure Data Room. Upon deletion, in no event shall the Certificate Administrator be obligated to
reproduce or retrieve such deleted files.

 

ARTICLE
V

 

THE
CERTIFICATES

 

Section
5.01    The Certificates.

 

(a)          The Certificates consist of the Class A-1 Certificates, the Class A-2 Certificates, the Class A-3-1 Certificates, the Class A-3-2
Certificates, the Class A-4-1 Certificates, the Class A-4-2 Certificates, the Class A-5 Certificates, the Class A-SB Certificates,
the Class X-A Certificates, the Class A-S Certificates, the Class B Certificates, the Class C Certificates, the Class X-D Certificates,
the Class X-F Certificates, the Class X-G Certificates, the Class X-H Certificates, the Class X-J Certificates, the Class D Certificates,
the Class E Certificates, the Class F Certificates, the Class G Certificates, the Class H Certificates, the Class J Certificates,
the Class VRR Certificates, the Class R Certificates and the Class S Certificates.

 

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Each
Class of Certificates will be substantially in the forms annexed hereto as Exhibits A-1 through A-26, respectively,
with such appropriate insertions, omissions, substitutions and other variations as are required or permitted by this Agreement
or as may, in the reasonable judgment of the Certificate Registrar, be necessary, appropriate or convenient to comply, or facilitate
compliance, with applicable laws, and may have such letters, numbers or other marks of identification and such legends or endorsements
placed thereon as may be required by law, or as may, consistently herewith, be determined by the officers executing such Certificates,
as evidenced by their execution thereof. The Public Certificates (other than the Class X-A Certificates) shall be issued in minimum
denominations of $10,000 and integral multiples of $1 in excess thereof. The Private Certificates (other than the Class X-D, Class
X-F, Class X-G, Class X-H, Class X-J, Class VRR, Class S and Class R Certificates) shall be issued in minimum denominations of
$100,000 and integral multiples of $1 in excess thereof. The Class VRR Certificates shall be issued in minimum denominations of
$100,000 and integral multiples of $0.01 in excess thereof. The Class X-A, Class X-D, Class X-F, Class X-G, Class X-H and Class
X-J Certificates shall be issued, maintained and transferred only in minimum denominations of authorized initial notional amounts
of not less than $1,000,000 and in integral multiples of $1 in excess thereof. If the initial Certificate Balance or initial Notional
Amount, as applicable, of any Class of Certificates (exclusive of the Class VRR, Class S and Class R Certificates) does not equal
an integral multiple of $1, then a single Certificate of such Class may be issued in a minimum denomination of authorized initial
principal balance or initial notional amount, as applicable, that includes the excess of (i) the initial Certificate Balance or
initial Notional Amount, as applicable, of such Class over (ii) the largest integral multiple of $1 that does not exceed such
amount. The Class R Certificates shall be issued, maintained and transferred in minimum percentage interests of 10% of such Class
R Certificates and in integral multiples of 1% in excess thereof. The Class S Certificates shall be issued, maintained and transferred
in minimum percentage interests of 10% of such Class S Certificates and in integral multiples of 1% in excess thereof.

 

(b)          One authorized signatory shall sign the Certificates for the Certificate Administrator by manual or facsimile signature. If an
authorized signatory whose signature is on a Certificate no longer holds that office at the time the Certificate Administrator
countersigns the Certificate, the Certificate shall be valid nevertheless. A Certificate shall not be valid until an authorized
signatory of the Certificate Administrator (who may be the same officer who executed the Certificate) manually countersigns the
Certificate. The signature shall be conclusive evidence that the Certificate has been executed and countersigned under this Agreement.

 

Section
5.02    Form and Registration.

 

(a)          Each Class of Public Certificates shall be represented by a single, global certificate in definitive, fully registered form without
interest coupons, substantially in the applicable form set forth as an exhibit hereto, which shall be deposited with the Certificate
Registrar or an agent of the Certificate Registrar, as custodian for the Depository, and registered in the name of the Depository
or a nominee of the Depository. The aggregate Certificate Balance of a Global Certificate may from time to time be increased or
decreased by adjustments made on the records of the Certificate Registrar, as custodian for the Depository, as hereinafter provided.

 

(b)          Unless and until Definitive Certificates are issued in respect of a Class of Global Certificates, beneficial ownership interests
in such Certificates will be maintained and

 

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transferred
on the book-entry records of the Depository and Depository Participants, and all references to actions by Holders of such Class
of Certificates will refer to action taken by the Depository upon instructions received from the related registered Holders of
Certificates through the Depository Participants in accordance with the Depository’s procedures and, except as otherwise
set forth herein, all references herein to payments, notices, reports and statements to Holders of such Class of Certificates
will refer to payments, notices, reports and statements to the Depository or its nominee as the registered Holder thereof, for
distribution to the related registered Holders of Certificates through the Depository Participants in accordance with the Depository’s
procedures.

 

(c)           No transfer of any Private Certificate shall be made unless that transfer is made pursuant to an effective registration statement
under the Securities Act, and effective registration or qualification under applicable state securities laws, or is made in a
transaction which does not require such registration or qualification. If a transfer is to be made in reliance upon an exemption
from the Securities Act, and under the applicable state securities laws, then:

 

(i)           The Certificates of each Class of the Private Certificates (other than the Risk Retention Certificates, the Class S Certificates
and the Class R Certificates) sold in offshore transactions in reliance on Regulation S under the Act shall initially be represented
by a temporary global certificate in definitive, fully registered form without interest coupons, substantially in the applicable
form set forth as an exhibit hereto (each a “Temporary Regulation S Global Certificate”), which shall be deposited
on the Closing Date on behalf of the purchasers of the Private Certificates represented thereby with the Certificate Registrar,
at its principal trust office, as custodian, for the Depository, and registered in the name of the Depository or the nominee of
the Depository for the account of designated agents holding on behalf of Euroclear and/or Clearstream. Prior to the expiration
of the 40-day period commencing on the later of the commencement of the offering and the Closing Date (the “Restricted
Period”), beneficial interests in each Temporary Regulation S Global Certificate may be held only through Euroclear
or Clearstream. After the expiration of the Restricted Period, a beneficial interest in a Temporary Regulation S Global Certificate
may be exchanged for an interest in the related permanent global certificate of the same Class of Private Certificates (a “Regulation
S Global Certificate”) in the applicable form set forth as an exhibit hereto in accordance with the procedures set forth
in Section 5.03(f) of this Agreement. During the Restricted Period, distributions due in respect of a beneficial interest
in a Temporary Regulation S Global Certificate shall only be made upon delivery to the Certificate Registrar by Euroclear or Clearstream,
as applicable, of a Non-U.S. Beneficial Ownership Certification. After the expiration of the Restricted Period, distributions
due in respect of any beneficial interests in a Temporary Regulation S Global Certificate shall not be made to the holders of
such beneficial interests unless exchange for a beneficial interest in the Regulation S Global Certificate of the same Class is
improperly withheld or refused. The aggregate Certificate Balance of a Temporary Regulation S Global Certificate or a Regulation
S Global Certificate may from time to time be increased or decreased by adjustments made on the records of the Certificate Registrar,
as custodian for the Depository, as hereinafter provided.

 

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On
the Closing Date, the Certificate Administrator shall execute, the Authenticating Agent shall authenticate, and the Certificate
Administrator shall deliver to the Certificate Registrar the Regulation S Global Certificates, which shall be held by the Certificate
Registrar for purposes of effecting the exchanges contemplated by the preceding paragraph. Computershare Trust Company, National
Association is hereby initially appointed the Authenticating Agent with the power to act, on the Trustee’s behalf, in the
authentication and delivery of the Certificates in connection with transfers and exchanges as herein provided. If Computershare
Trust Company, National Association is removed as Certificate Administrator, then Computershare Trust Company, National Association
shall be terminated as Authenticating Agent. If the Authenticating Agent is terminated, the Certificate Administrator (or, if
the same entity is acting as both the Authenticating Agent and the Certificate Administrator and such entity is being removed
from both capacities, a successor Certificate Administrator) shall appoint a successor authenticating agent, which may be the
Certificate Administrator or an Affiliate thereof, in accordance with Section 5.09 of this Agreement.

 

(ii)          The Certificates of each Class of Private Certificates (other than the Risk Retention Certificates, the Class S Certificates and
the Class R Certificates) offered and sold to Qualified Institutional Buyers in reliance on Rule 144A shall be represented by
a single, global certificate in definitive, fully registered form without interest coupons, substantially in the applicable form
set forth as an exhibit hereto (each, a “Rule 144A Global Certificate”), which shall be deposited with the
Certificate Registrar or an agent of the Certificate Registrar, as custodian for the Depository, and registered in the name of
the Depository or a nominee of the Depository. The aggregate Certificate Balance of a Rule 144A Global Certificate may from time
to time be increased or decreased by adjustments made on the records of the Certificate Registrar, as custodian for the Depository,
as hereinafter provided.

 

(iii)         The Certificates of each Class of Private Certificates offered and sold in the United States to investors that are Institutional
Accredited Investors that are not Qualified Institutional Buyers, the Risk Retention Certificates (during the VRR Interest Transfer
Restriction Period), the Class S Certificates and the Class R Certificates (collectively, the “Non-Book Entry Certificates”)
shall be in the form of Definitive Certificates, in each case substantially in the applicable form set forth as an exhibit hereto,
and shall be registered in the name of such investors or their nominees by the Certificate Registrar who shall deliver the certificates
for such Non-Book Entry Certificates to the respective beneficial owners or owners.

 

(d)          Owners
of beneficial interests in Global Certificates of any Class shall not be entitled to receive physical delivery of certificated
Certificates unless: (i) the Depository advises the Certificate Registrar in writing that the Depository is no longer willing
or able to discharge properly its responsibilities as depository with respect to the Global Certificates of such Class or ceases
to be a Clearing Agency, and the Certificate Administrator and the Depositor are unable to locate a qualified successor within
90 days of such notice; (ii) the Trustee has instituted or has been directed to institute any judicial proceeding to enforce the
rights of the Holders of such Class and the Trustee has been advised by counsel that in connection with such proceeding it is
necessary or appropriate for the Trustee to obtain possession of the Certificates of such Class; or (iii) in the case of
a Private Certificate, all of the applicable requirements of Section 5.03 of this

 

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Agreement
are satisfied; provided, however, that under no circumstances will certificated Private Certificates be issued to
beneficial owners of a Temporary Regulation S Global Certificate. Upon notice of the occurrence of any of the events described
in clause (i) or (ii) above with respect to any Certificates of a Class that are in the form of Global Certificates and upon surrender
by the Depository of any Global Certificate of such Class and receipt from the Depository of instructions for reregistration,
the Certificate Registrar shall issue Certificates of such Class in the form of Definitive Certificates (bearing, in the case
of a Definitive Certificate issued for a Rule 144A Global Certificate, the same legends regarding transfer restrictions borne
by such Global Certificate), and thereafter the Certificate Registrar shall recognize the holders of such Definitive Certificates
as Certificateholders under this Agreement.

 

(e)          If any Certificate Owner wishes to transfer its interest in a Rule 144A Global Certificate to an Institutional Accredited Investor
that is not a Qualified Institutional Buyer, or wishes to transfer its interest in a Regulation S Global Certificate to a “U.S.
person” (as that term is defined in Rule 902(k) under the Securities Act) that is an Institutional Accredited Investor but
not a Qualified Institutional Buyer, then the transferee shall take delivery in the form of a Non-Book Entry Certificate, subject
to the restrictions on the transfer of such Non-Book Entry Certificate in Section 5.03(h) of this Agreement. No such transfer
shall be made and the Certificate Registrar shall not register any such transfer unless such transfer complies with the provisions
of Section 5.03(h) of this Agreement applicable to transfers of Non-Book Entry Certificates. Upon acceptance for exchange
or transfer of a beneficial interest in a Global Certificate for a Non-Book Entry Certificate, as provided herein, the Certificate
Registrar shall endorse on the schedule affixed to the related Global Certificate (or on a continuation of such schedule affixed
to such Global Certificate and made a part thereof) an appropriate notation evidencing the date of such exchange or transfer and
a decrease in the denomination of such Global Certificate equal to the denomination of such Non-Book Entry Certificate issued
in exchange therefor or upon transfer thereof.

 

(f)           During the VRR Interest Transfer Restriction Period, any Risk Retention Certificate shall only be held as a Definitive Certificate
in the Retained Interest Safekeeping Account by the Certificate Administrator (and each Retaining Party’s respective interest
shall be tracked in the form of an entry in the Certificate Administrator’s trust accounting system under the Retained Interest
Safekeeping Account), for the benefit of the Holder of the related Certificate. The Certificate Administrator shall hold each
Risk Retention Certificate in safekeeping and shall release the same only upon receipt of written directions signed by each of
the Depositor, the Retaining Sponsor and the Holder of such Certificate, and in accordance with any authentication procedures
as may be utilized by the Certificate Administrator and in accordance with this Agreement. There shall be, and hereby is, established
by the Certificate Administrator an account which will be designated the “Retained Interest Safekeeping Account” and
into which each Risk Retention Certificate shall be held and which shall be governed by and subject to this Agreement. In addition,
on and after the date hereof, the Certificate Administrator may establish any number of subaccounts to the Retained Interest Safekeeping
Account for each Retaining Party. Each Risk Retention Certificate to be delivered in physical form to the Certificate Administrator
shall be delivered as set forth herein. Upon receipt by the Certificate Administrator of any Risk Retention Certificate in connection
with the initial issuance thereof and, for so long as the Risk Retention Certificates are held in the Retained Interest Safekeeping
Account by the Certificate Administrator pursuant to this Agreement, upon any transfer or exchange pursuant to this Article
V of any Risk Retention Certificate, the Certificate Administrator shall deliver to the related Retaining Party a

 

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receipt
in the form set forth in Exhibit MM. No amounts distributable with respect to any Risk Retention Certificate shall be remitted
to the Retained Interest Safekeeping Account, but instead shall be remitted directly to the applicable Retaining Party in accordance
with written instructions provided separately on the Closing Date (and any updates to such written instructions provided from
time to time) by such Retaining Party to the Certificate Administrator. Under no circumstances by virtue of safekeeping any Risk
Retention Certificate shall the Certificate Administrator be obligated to bring legal action or institute proceedings against
any Person on behalf of any Retaining Party. During the VRR Interest Transfer Restriction Period and for such longer time as the
related Retaining Party may request, the Certificate Administrator shall hold each individual Risk Retention Certificate at the
below location, or any other location; provided the Certificate Administrator has given notice to the Depositor, the Retaining
Sponsor and each Retaining Party of such new location:

 

Computershare
Trust Company, National

Association
Attn: Security Control and Transfer (SCAT) 

425
E. Hennepin Avenue

Minneapolis, Minnesota 55414

 

The
Certificate Administrator shall make available to each Retaining Party its account information as mutually agreed upon by the
Certificate Administrator and each respective Retaining Party, and in accordance with the Certificate Administrator’s policies
and procedures. Any transfer of a Risk Retention Certificate shall be subject to the provisions of this Article V (including,
without limitation, Section 5.03(i)). During the VRR Interest Transfer Restriction Period, unless the Retaining Sponsor
and the Depositor otherwise consent in writing, the Certificate Administrator shall not permit any Person to copy (other than
for internal purposes), and shall not itself provide to any Person copies of, the executed Risk Retention Certificates held by
it in the Retained Interest Safekeeping Account.

 

(g)          To the extent that the aggregate principal amount of the Combined VRR Interest is in excess of the amount or percentage, as applicable,
of risk retention required pursuant to Regulation RR, such excess portion of the Combined VRR Interest shall nevertheless be deemed
to be subject to the requirements of Regulation RR and any Risk Retention Certificate or Uncertificated VRR Interest evidencing
or constituting such excess portion of the Combined VRR Interest shall be subject to all of the provisions in this Agreement applicable
to the Combined VRR Interest, including, without limitation, the provisions of this Article V.

 

Section
5.03    Registration of Transfer and Exchange of Certificates.

 

(a)          The Certificate Administrator shall keep or cause to be kept at its principal offices books (the “Certificate Register”)
in which, subject to such reasonable regulations as it may prescribe, the Certificate Administrator shall provide for the registration
of Certificates and the Uncertificated VRR Interest Portions and of transfers and exchanges of Certificates and the Uncertificated
VRR Interest Portions as herein provided (the Certificate Administrator, in such capacity, being the “Certificate Registrar”).
In such capacities, the Certificate Administrator shall be responsible for, among other things, (i) maintaining the Certificate
Register and a record of the aggregate holdings of Certificates of each Class of Private Certificates represented by a Temporary
Regulation S Global Certificate, a Regulation S Global Certificate and a Rule 144A Global

 

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Certificate
and accepting Certificates for exchange and registration of transfer, (ii) registering transfers and pledges of the Uncertificated
VRR Interest Portions and (iii) transmitting to the Depositor, the Master Servicer and the Special Servicer any notices from the
Certificateholders and the Uncertificated VRR Interest Owners. In its capacity as Certificate Registrar, the Certificate Administrator
shall be responsible for, among other things, holding the Risk Retention Certificates as Definitive Certificates on behalf of
each Holder of such Certificates in accordance with Section 5.02(f).

 

(b)          Subject to the restrictions on transfer set forth in this Article V, upon surrender for registration of transfer of any
Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the name of the designated transferee or
transferees, one or more new Certificates in authorized denominations, in like aggregate interest and of the same Class.

 

(c)          Rule 144A Global Certificate to Temporary Regulation S Global Certificate. If a holder of a beneficial interest in the
Rule 144A Global Certificate deposited with the Certificate Registrar as custodian for the Depository wishes at any time during
the Restricted Period to exchange its interest in such Rule 144A Global Certificate for an interest in the Temporary Regulation
S Global Certificate of the same Class, or to transfer its interest in such Rule 144A Global Certificate to an institution that
is required to take delivery thereof in the form of an interest in the Temporary Regulation S Global Certificate of the same Class,
such holder may, subject to the rules and procedures of the Depository, exchange or cause the exchange of such interest for an
equivalent beneficial interest in such Temporary Regulation S Global Certificate. Upon receipt by the Certificate Registrar, as
registrar, at its office designated in Section 5.11 of this Agreement, of (1) instructions given in accordance with the
Depository’s procedures from a Depository Participant directing the Certificate Registrar to credit, or cause to be credited,
a beneficial interest in the Temporary Regulation S Global Certificate in an amount equal to the beneficial interest in the Rule
144A Global Certificate to be exchanged, (2) a written order given in accordance with the Depository’s procedures containing
information regarding the Euroclear or Clearstream account to be credited with such increase and the name of such account and
(3) a certificate in the form of Exhibit E to this Agreement given by the holder of such beneficial interest stating that
the transfer of such interest has been made in compliance with the transfer restrictions applicable to the Global Certificates
and pursuant to and in accordance with Regulation S, then the Certificate Registrar shall instruct the Depository to reduce, or
cause to be reduced, the Certificate Balance of the Rule 144A Global Certificate and to increase, or cause to be increased, the
Certificate Balance of the Temporary Regulation S Global Certificate by the aggregate Certificate Balance of the beneficial interest
in the Rule 144A Global Certificate to be exchanged, to credit or cause to be credited to the account of the Person specified
in such instructions (who shall be the agent member of Euroclear or Clearstream, or both) a beneficial interest in the Temporary
Regulation S Global Certificate equal to the reduction in the Certificate Balance of the Rule 144A Global Certificate, and to
debit, or cause to be debited, from the account of the Person making such exchange or transfer the beneficial interest in the
Rule 144A Global Certificate that is being exchanged or transferred.

 

(d)          Rule 144A Global Certificate to Regulation S Global Certificate. If a holder of a beneficial interest in the Rule 144A
Global Certificate deposited with the Certificate Registrar as custodian for the Depository wishes at any time following the Restricted
Period to exchange its interest in such Rule 144A Global Certificate for an interest in the Regulation S Global Certificate

 

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of
the same Class, or to transfer its interest in such Rule 144A Global Certificate to an institution that is required to take delivery
thereof in the form of an interest in a Regulation S Global Certificate, such holder may, subject to the rules and procedures
of the Depository, exchange, or cause the exchange of, such interest for an equivalent beneficial interest in such Regulation
S Global Certificate. Upon receipt by the Certificate Registrar, as registrar, at its office designated in Section 5.11
of this Agreement, of (1) instructions given in accordance with the Depository’s procedures from a Depository Participant
directing the Certificate Registrar to credit or cause to be credited a beneficial interest in the Regulation S Global Certificate
in an amount equal to the beneficial interest in the Rule 144A Global Certificate to be exchanged, (2) a written order given in
accordance with the Depository’s procedures containing information regarding the participant account of the Depository to
be credited with such increase and (3) a certificate in the form of Exhibit F to this Agreement given by the holder of
such beneficial interest, then the Certificate Registrar shall instruct the Depository to reduce, or cause to be reduced, the
Certificate Balance of the Rule 144A Global Certificate and to increase, or cause to be increased, the Certificate Balance of
the Regulation S Global Certificate by the aggregate Certificate Balance of the beneficial interest in the Rule 144A Global Certificate
to be exchanged, to credit or cause to be credited to the account of the Person specified in such instructions a beneficial interest
in the Regulation S Global Certificate equal to the reduction in the Certificate Balance of the Rule 144A Global Certificate,
and to debit, or cause to be debited, from the account of the Person making such exchange or transfer the beneficial interest
in the Rule 144A Global Certificate that is being exchanged or transferred.

 

(e)          Temporary
Regulation S Global Certificate or Regulation S Global Certificate to Rule 144A Global Certificate. If a holder of a beneficial
interest in a Temporary Regulation S Global Certificate or Regulation S Global Certificate deposited with the Certificate Registrar
as custodian for the Depository wishes at any time to exchange its interest in such Temporary Regulation S Global Certificate
or Regulation S Global Certificate for an interest in the Rule 144A Global Certificate of the same Class, or to transfer its interest
in such Temporary Regulation S Global Certificate or Regulation S Global Certificate to a Person who is required to take delivery
thereof in the form of an interest in the Rule 144A Global Certificate, such holder may, subject to the rules and procedures of
Euroclear or Clearstream, as the case may be, and the Depository, exchange or cause the exchange of such interest for an equivalent
beneficial interest in the Rule 144A Global Certificate of the same Class. Upon receipt by the Certificate Registrar, as registrar,
at its office designated in Section 5.11 of this Agreement, of (1) instructions from Euroclear or Clearstream, if applicable,
and the Depository, directing the Certificate Registrar, as registrar, to credit or cause to be credited a beneficial interest
in the Rule 144A Global Certificate equal to the beneficial interest in the Temporary Regulation S Global Certificate or Regulation
S Global Certificate to be exchanged, such instructions to contain information regarding the participant account with the Depository
to be credited with such increase, (2) with respect to a transfer of an interest in the Regulation S Global Certificate, information
regarding the participant account of the Depository to be debited with such decrease and (3) with respect to a transfer of an
interest in the Temporary Regulation S Global Certificate (but not the Regulation S Global Certificate) for an interest in the
Rule 144A Global Certificate at any time during the Restricted Period, a certificate in the form of Exhibit G to this Agreement
given by the holder of such beneficial interest and stating that the Person transferring such interest in the Temporary Regulation
S Global Certificate reasonably believes that the Person acquiring such interest in the Rule 144A Global Certificate is a Qualified
Institutional Buyer and is obtaining such beneficial

 

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interest
in a transaction meeting the requirements of Rule 144A, then the Certificate Registrar shall instruct the Depository to reduce,
or cause to be reduced, the Certificate Balance of the Temporary Regulation S Global Certificate or Regulation S Global Certificate
and to increase, or cause to be increased, the Certificate Balance of the Rule 144A Global Certificate by the aggregate Certificate
Balance of the beneficial interest in the Temporary Regulation S Global Certificate or Regulation S Global Certificate to be exchanged,
and the Certificate Registrar shall instruct the Depository, concurrently with such reduction, to credit, or cause to be credited,
to the account of the Person specified in such instructions, a beneficial interest in the Rule 144A Global Certificate equal to
the reduction in the Certificate Balance of the Temporary Regulation S Global Certificate or Regulation S Global Certificate and
to debit, or cause to be debited, from the account of the Person making such transfer the beneficial interest in the Temporary
Regulation S Global Certificate or Regulation S Global Certificate that is being transferred.

 

(f)           Temporary Regulation S Global Certificate to Regulation S Global Certificate. Interests in a Temporary Regulation S Global
Certificate as to which the Certificate Registrar has received from Euroclear or Clearstream, as the case may be, a certificate
(a “Non-U.S. Beneficial Ownership Certification”) to the effect that Euroclear or Clearstream, as applicable,
has received a certificate substantially in the form of Exhibit H to this Agreement from the holder of a beneficial interest
in such Temporary Regulation S Global Certificate, shall be exchanged after the Restricted Period, for interests in the Regulation
S Global Certificate of the same Class of Private Certificates. The Certificate Registrar shall effect such exchange by delivering
to the Depository for credit to the respective accounts of such holders, a duly executed and authenticated Regulation S Global
Certificate, representing the aggregate Certificate Balance of interests in the Temporary Regulation S Global Certificate initially
exchanged for interests in the Regulation S Global Certificate. The delivery to the Certificate Registrar by Euroclear or Clearstream
of the certificate or certificates referred to above may be relied upon by the Depositor and the Certificate Registrar as conclusive
evidence that the certificate or certificates referred to therein has or have been delivered to Euroclear or Clearstream pursuant
to the terms of this Agreement and the Temporary Regulation S Global Certificate. Upon any exchange of interests in the Temporary
Regulation S Global Certificate for interests in the Regulation S Global Certificate, the Certificate Registrar shall endorse
the Temporary Regulation S Global Certificate to reflect the reduction in the Certificate Balance represented thereby by the amount
so exchanged and shall endorse the Regulation S Global Certificate to reflect the corresponding increase in the amount represented
thereby. Until so exchanged in full and except as provided therein, the Temporary Regulation S Global Certificate, and the Certificates
evidenced thereby, shall in all respects be entitled to the same benefits under this Agreement as the Regulation S Global Certificate
and Rule 144A Global Certificate authenticated and delivered hereunder.

 

(g)          Non-Book Entry Certificate to Global Certificate. If a holder of a Non-Book Entry Certificate that is a Private Certificate
(other than any Risk Retention Certificate during the VRR Interest Transfer Restriction Period, a Class S Certificate or a Class
R Certificate) wishes at any time to exchange its interest in such Non-Book Entry Certificate for an interest in a Global Certificate
of the same Class, or to transfer all or part of such Non-Book Entry Certificate to an institution that is entitled to take delivery
thereof in the form of an interest in a Global Certificate, such holder may, subject to the rules and procedures of Euroclear
or Clearstream, if applicable, and the Depository, cause the exchange of all or part of such Non-Book Entry Certificate for an
equivalent beneficial interest in the appropriate Global Certificate of the same

 

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Class.
Upon receipt by the Certificate Registrar, as registrar, at its office designated in Section 5.11 of this Agreement, of
(1) such Non-Book Entry Certificate, duly endorsed as provided herein, (2) instructions from such holder directing the Certificate
Registrar, as registrar, to credit, or cause to be credited, a beneficial interest in the applicable Global Certificate equal
to the portion of the Certificate Balance of the Non-Book Entry Certificate to be exchanged, such instructions to contain information
regarding the participant account with the Depository to be credited with such increase and (3) a certificate in the form of Exhibit
I to this Agreement (in the event that the applicable Global Certificate is the Temporary Regulation S Global Certificate),
in the form of Exhibit J to this Agreement (in the event that the applicable Global Certificate is the Regulation S Global
Certificate) or in the form of Exhibit K to this Agreement (in the event that the applicable Global Certificate is the
Rule 144A Global Certificate), then the Certificate Registrar, as registrar, shall cancel, or cause to be canceled, all or part
of such Non-Book Entry Certificate, and shall, if applicable, direct the Certificate Administrator to execute, authenticate and
deliver to the transferor a new Non-Book Entry Certificate equal to the aggregate Certificate Balance of the portion retained
by such transferor and shall instruct the Depository to increase, or cause to be increased, such Global Certificate by the aggregate
Certificate Balance of the portion of the Non-Book Entry Certificate to be exchanged and to credit, or cause to be credited, to
the account of the institution specified in such instructions a beneficial interest in the applicable Global Certificate equal
to the Certificate Balance of the portion of the Non-Book Entry Certificate so canceled.

 

(h)          Exchanges of Non-Book Entry Certificates. If a holder of a Rule 144A Global Certificate, Regulation S Global Certificate
or Non-Book Entry Certificate (other than a Public Certificate) wishes at any time to transfer its interest in such Rule 144A
Global Certificate, Regulation S Global Certificate or Non-Book Entry Certificate to a Person who is required to take delivery
thereof in the form of a Non-Book Entry Certificate, then (except in connection with the transfer or deemed transfer thereof by
the Depositor, an Initial Purchaser or, if occurring on the Closing Date, the Retaining Sponsor) the Certificate Registrar shall
refuse to register such transfer unless it receives (and upon receipt, may conclusively rely upon): (i) a certificate from the
proposed transferor substantially in the form attached as Exhibit L-2B to this Agreement, (ii) an investment representation
letter from the proposed transferee substantially in the form attached as Exhibit L-4 to this Agreement; and (iii) if required
by the Certificate Registrar, an opinion of counsel satisfactory to the Certificate Registrar to the effect that such transfer
shall be made without registration under the Securities Act, together with the written certification(s) as to the facts surrounding
such transfer from the Certificateholder desiring to effect such transfer and/or the proposed transferee on which such opinion
of counsel is based (such opinion of counsel shall not be an expense of the Trust or of the Depositor, the Master Servicer, the
Special Servicer, the Operating Advisor, the Certificate Administrator, the Trustee or the Certificate Registrar in their respective
capacities as such).

 

(i)           Transfers of Risk Retention Certificates. At all times during the VRR Interest Transfer Restriction Period, if a transfer
of any Risk Retention Certificate is to be made (other than in connection with the transfer to CREFI on the Closing Date, pursuant
to the CREFI Mortgage Loan Purchase Agreement, of the Certificates constituting the VRR1 Interest), then the Certificate Registrar
shall refuse to register such transfer unless it receives (and, upon receipt, the Certificate Registrar may conclusively rely
upon): (i) a certification from such Certificateholder’s prospective Transferee substantially in the form attached hereto
as Exhibit L-5A, which such certification must (x) be countersigned by the applicable Retaining Party, the Retaining Sponsor

 

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(if
different than the Retaining Party) and the Depositor and (y) include a medallion stamp guarantee of such Retaining Party; (ii)
a certification from the Certificateholder desiring to effect such transfer substantially in the form attached hereto as Exhibit
L-6A, which such certification must (x) be countersigned by the applicable Retaining Party (if different than the transferor),
the Retaining Sponsor (if different than the Retaining Party) and the Depositor and (y) include a medallion stamp guarantee of
such Retaining Party; (iii) a W-9 completed by the Transferee; and (iv)      wire instructions and
contact information of the Transferee. Upon receipt of the foregoing certifications, the Certificate Administrator (which may
conclusively rely upon such certifications) shall instruct the Certificate Registrar to register such transfer and, upon receipt
of such instruction from the Certificate Administrator, the Certificate Registrar shall, subject to Section 5.02(f), Section
5.03(a), Section 5.03(h), the following provisions of this Section 5.03(i), and Section 5.03(n), reflect
such Risk Retention Certificate in the name of the prospective Transferee. In no event shall a Risk Retention Certificate be held
as a Global Certificate during the VRR Interest Transfer Restriction Period. After the termination of the VRR Interest Transfer
Restriction Period, if a transfer of a Risk Retention Certificate is to be made and such Risk Retention Certificate is in Retained
Interest Safekeeping Account, then upon receipt of: (i) a certification from such Certificateholder’s prospective Transferee
substantially in the form attached hereto as Exhibit L-5A, which such certification must (x) be countersigned by the applicable
Retaining Party, the Retaining Sponsor (if different than the Retaining Party) and the Depositor and (y) include a medallion stamp
guarantee of such Retaining Party, and (ii) a certification from the Certificateholder desiring to effect such transfer substantially
in the form attached hereto as Exhibit L-6A, which such certification must (x) be countersigned by the applicable Retaining
Party (if different than the transferor), the Retaining Sponsor (if different than the Retaining Party) and the Depositor and
(y) include a medallion stamp guarantee of such Retaining Party, the Certificate Administrator shall instruct the Certificate
Registrar to register such transfer and, upon receipt of such instruction from the Certificate Administrator, the Certificate
Registrar shall, subject to Section 5.02(f), Section 5.03(a), Section 5.03(h) and Section 5.03(n),
reflect such Risk Retention Certificate in the name of the prospective Transferee. After the termination of the VRR Interest Transfer
Restriction Period, if a transfer of a Risk Retention Certificate is to be made and such Risk Retention Certificate is in the
Retained Interest Safekeeping Account, the Certificate Registrar shall not register a Transfer of such Risk Retention Certificate
unless it is so instructed by the Certificate Administrator.

 

(j)           Other
Exchanges. In the event that a Global Certificate is exchanged for a Definitive Certificate (other than as otherwise set forth
in Section 5.02(d) of this Agreement), such Certificates may be exchanged only in accordance with such procedures as are
substantially consistent with the provisions of clauses (c) through (f), (h) and (i) above (including the certification requirements
intended to ensure that such transfers comply with Rule 144A or Regulation S under the Act, at the case may be) and such other
procedures as may from time to time be adopted by the Certificate Registrar.

 

(k)          Restricted Period. Prior to the termination of the Restricted Period with respect to the issuance of the Certificates,
transfers of interests in the Temporary Regulation S Global Certificate to U.S. persons (as defined in Regulation S) shall be
limited to transfers made pursuant to the provisions of clause (e) above.

 

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(l)            If Private Certificates are issued upon the transfer, exchange or replacement of Certificates bearing a restrictive legend relating
to compliance with the Act, or if a request is made to remove such legend on Certificates, the Private Certificates so issued
shall bear the restrictive legend, or such legend shall not be removed, as the case may be, unless there is delivered to the Certificate
Registrar such satisfactory evidence, which may include an Opinion of Counsel that neither such legend nor the restrictions on
transfer set forth therein are required to ensure that transfers thereof comply with the provisions of Rule 144A, Rule 144 or
Regulation S under the Act, Regulation RR or, with respect to Non-Book Entry Certificates, that such Certificates are not “restricted”
within the meaning of Rule 144 under the Act. Upon provision of such satisfactory evidence, the Certificate Registrar shall authenticate
and deliver Certificates that do not bear such legend.

 

(m)          All Certificates surrendered for registration of transfer and exchange shall be canceled and subsequently destroyed by the Certificate
Registrar in accordance with the Certificate Registrar’s customary procedures.

 

(n)          No Class VRR Certificate (if it is not an ERISA Restricted Certificate covered by the next sentence), Uncertificated VRR Interest,
Class S Certificate or Class R Certificate may be purchased by or transferred to any prospective purchaser or transferee that
is or will be (i) an employee benefit plan or other plan subject to the fiduciary responsibility or prohibited transaction provisions
of ERISA or Code Section 4975 (each, a “Plan”), or (ii) any entity or collective investment fund the assets
of which are considered Plan assets under U.S. Department of Labor Reg. Section 2510.3-101, as modified by Section 3(42) of ERISA,
or Similar Law (as defined below), an insurance company that is using the assets of separate accounts or general accounts which
include Plan assets (or which are deemed to include assets of Plans) or other Person acting on behalf of any such Plan or using
the assets of a Plan (each, a “Plan Investor”) to purchase such Certificate or Uncertificated VRR Interest.
In addition, no ERISA Restricted Certificate or interest therein may be purchased by or transferred to any prospective purchaser
or transferee that is or will be a Plan or Plan Investor, unless (i) such purchaser or transferee is an insurance company, (ii)
the source of funds used to acquire or hold such ERISA Restricted Certificate or interest therein is an “insurance company
general account,” as such term is defined in PTCE 95-60, and (iii) the conditions in Sections I and III of PTCE 95-60 have
been satisfied. Furthermore, no ERISA Restricted Certificate, Class VRR Certificate (regardless of whether it is an ERISA Restricted
Certificate), Uncertificated VRR Interest, Class S Certificate or Class R Certificate or interest therein may be purchased by
or transferred to any prospective purchaser or transferee that is or will be a governmental plan (as defined in Section 3(32)
of ERISA) or other plan that is subject to any federal, state or local law that is, to a material extent, similar to the fiduciary
responsibility or prohibited transaction provisions of ERISA or Code Section 4975 (“Similar Law”), or to any
Person acting on behalf of any such plan or using the assets of such plan to acquire such Certificate or interest therein unless,
in the case of an ERISA Restricted Certificate, its acquisition, holding and disposition of such Certificate or an interest therein
would not constitute or otherwise result in a non-exempt violation of Similar Law. Except in connection with the transfer or deemed
transfer thereof by the Depositor, an Initial Purchaser or, if occurring on the Closing Date, the Retaining Sponsor, each prospective
transferee of an ERISA Restricted Certificate, a Class VRR Certificate (regardless of whether it is an ERISA Restricted Certificate),
a Class S Certificate or a Class R Certificate in the form of a Non-Book Entry Certificate or an Uncertificated VRR Interest Portion
shall deliver to the transferor, the Depositor, the Certificate

 

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Registrar,
the Certificate Administrator and the Trustee representation letters, substantially in the form of Exhibit L-3 and, except
in the case of an Uncertificated VRR Interest Portion, Exhibit L-4 to this Agreement. Each beneficial owner of a Certificate
(other than a Class S or Class R Certificate) or any interest therein will be deemed to have represented, by virtue of its acquisition
or holding of such Certificate or interest therein, that either (i) it is not a Plan or Plan Investor, (ii) except in the case
of an ERISA Restricted Certificate, a Class VRR Certificate (regardless of whether it is an ERISA Restricted Certificate), it
has acquired and is holding the Certificates in reliance on the Underwriter Exemption, and that it understands that there are
certain conditions to the availability of the Underwriter Exemption, including that the Certificates must be rated, at the time
of purchase, not lower than “BBB-” (or its equivalent) by a rating agency that meets the requirements of the Underwriter
Exemption and that such Certificate is so rated and that it is an Institutional Accredited Investor or (iii) except in the case
of a Class VRR Certificate (unless it is being sold or transferred through Citigroup Global Markets Inc., Deutsche Bank Securities
Inc., J.P. Morgan Securities LLC or Goldman Sachs & Co. LLC ), (1) it is an insurance company, (2) the source of funds
used to acquire or hold the Certificate or interest therein is an “insurance company general account,” as such term
is defined in PTCE 95-60, and (3) the conditions in Sections I and III of PTCE 95-60 have been satisfied. Each beneficial owner
of a Certificate or an interest therein which is a governmental plan or other plan subject to Similar Law shall be deemed to have
represented, by virtue of its acquisition or holding of such Certificate or interest therein that the acquisition, holding and
disposition of such Certificate or an interest therein by the purchaser will not constitute or otherwise result in a non-exempt
violation of Similar Law. Any attempted or purported transfer in violation of these transfer restrictions shall be null and void
ab initio and shall vest no rights in any purported transferee and shall not relieve the transferor of any obligations with respect
to the applicable Certificates.

 

(o)          (i)          The Depositor hereby directs the Certificate Administrator to register in the Certificate Register the Uncertificated VRR-GS
Interest, upon issuance, in the name of GS Bank. No Person shall be permitted to own, directly or indirectly, any interest in
an Uncertificated VRR Interest Portion other than (i) the Initial Uncertificated VRR Interest Owner of such Uncertificated VRR
Interest Portion or one of its Majority Owned Affiliates that is not a Non-Exempt Person or (ii) a Person that provides financing
permitted under Regulation RR (a “Permitted Lender”) to the applicable Initial Uncertificated VRR Interest
Owner or such Majority Owned Affiliate; provided, further, that if such financing is provided by the Permitted Lender
in a repurchase transaction, the applicable Initial Uncertificated VRR Interest Owner or such Majority-Owned Affiliate of the
applicable Initial Uncertificated VRR Interest Owner may transfer its interest in such Uncertificated VRR Interest Portion to
the Permitted Lender so long as the applicable Initial Uncertificated VRR Interest Owner or such Majority-Owned Affiliate is obligated
to repurchase such interest in such Uncertificated VRR Interest Portion pursuant to the terms of the related financing documents.
An Uncertificated VRR Interest Owner, if it wishes to transfer its Uncertificated VRR Interest Portion, shall notify the Certificate
Administrator in writing of such transfer and identify the new Uncertificated VRR Interest Owner. The Certificate Administrator
shall register the ownership of each Uncertificated VRR Interest Portion on the Certificate Register. Any transfer of an Uncertificated
VRR Interest Portion (including to a Majority Owned Affiliate) shall be null and void ab initio to the extent permitted
under applicable law unless all of the following is provided to the Certificate Administrator: (i) a written instrument whereby
the transferor of such Uncertificated VRR Interest Portion assigns, and the transferee of such Uncertificated VRR Interest Portion
assumes, all rights and obligations in connection with

 

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such
Uncertificated VRR Interest Portion under this Agreement; (ii) the transferor of such Uncertificated VRR Interest Portion
has executed and delivered to the Certificate Administrator a certification in the form of Exhibit L-7B hereto, which
certification must (x) be countersigned by the applicable Retaining Party (if different than the transferor), the Retaining
Sponsor and the Depositor and (y) include a medallion stamp guarantee of such Retaining Party; and (iii) the transferee of
such Uncertificated VRR Interest Portion has executed and delivered to the Certificate Administrator a certification in the
form of Exhibit L-7A hereto, which certification must (x) be countersigned by the applicable Retaining Party, the
Retaining Sponsor and the Depositor, (y) include a medallion stamp guarantee of such Retaining Party and (z) include wiring
instructions and contact information for such transferee. Notwithstanding anything else in this Agreement to the contrary, no
Person shall have any rights hereunder with respect to an Uncertificated VRR Interest Portion unless (i) such Person is the
applicable Initial Uncertificated VRR Interest Owner, or (ii) in the case of any Majority Owned Affiliate of an Initial
Uncertificated VRR Interest Owner, such Person is identified in writing to the Certificate Administrator as being the
applicable Uncertificated VRR Interest Owner, or (iii) in the case of any subsequent transferee, such Person is identified as
being the applicable Uncertificated VRR Interest Owner on the ownership registry. The Certificate Administrator, the other
parties to this Agreement and the Certificateholders shall be entitled to treat an Uncertificated VRR Interest Owner (in the
case of any subsequent Uncertificated VRR Interest Owner, as recorded on such ownership registry) as the owner in fact of the
applicable Uncertificated VRR Interest Portion for all purposes and shall not be bound to recognize any equitable or other
claim to or interest in such Uncertificated VRR Interest Portion on the part of any other Person. Any transfer of an interest
in an Uncertificated VRR Interest Portion that is not in compliance with this Section 5.03(o)(i) or Section
5.03(n) shall be null and void ab initio to the extent permitted under applicable law.

 

(ii)        
Each Initial Uncertificated VRR Interest Owner and any subsequent Uncertificated VRR Interest Owner shall be deemed by virtue
of its acceptance of an Uncertificated VRR Interest Portion to represent to the Trust and the Certificate Administrator (for the
benefit of the borrowers) that it is not a Non-Exempt Person. Contemporaneously with the execution of this Agreement and from
time to time as necessary during the term of the Agreement, each Uncertificated VRR Interest Owner shall deliver to the Certificate
Administrator evidence satisfactory to the Certificate Administrator substantiating that it is not a Non-Exempt Person and that
the Certificate Administrator is not obligated under applicable law to withhold taxes on sums paid to it with respect to the Mortgage
Loans or otherwise under this Agreement. Without limiting the effect of the foregoing, (a) if an Uncertificated VRR Interest Owner
is created or organized under the laws of the United States, any state thereof or the District of Columbia, it shall satisfy the
requirements of the preceding sentence by furnishing to the Certificate Administrator an Internal Revenue Service Form W-9 and
(b) if an Uncertificated VRR Interest Owner is not created or organized under the laws of the United States, any state thereof
or the District of Columbia, and if the payment of interest or other amounts by the borrowers is treated for United States income
tax purposes as derived in whole or part from sources within the United States, such Uncertificated VRR Interest Owner shall satisfy
the requirements of the preceding sentence by furnishing to the Certificate Administrator an Internal Revenue Service Form W-8ECI,
Form W-8IMY (with appropriate attachments), Form W-8BEN-E or Form W-8BEN, or

 

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successor
forms, as may be required from time to time, duly executed by such Uncertificated VRR Interest Owner, as evidence of such Uncertificated
VRR Interest Owner’s exemption from the withholding of United States tax with respect thereto. The Certificate Administrator
shall not be obligated to make any payment hereunder to an Uncertificated VRR Interest Owner in respect of an Uncertificated VRR
Interest Portion or otherwise until such Uncertificated VRR Interest Owner shall have furnished to the Certificate Administrator
the forms, certificates, statements or documents required by this Section 5.03(o)(ii).

 

(p)          Each Person who has or acquires any Residual Ownership Interest shall be deemed by the acceptance or acquisition of such Residual
Ownership Interest to have agreed to be bound by the following provisions and the rights of each Person acquiring any Residual
Ownership Interest are expressly subject to the following provisions:

 

(i)           Each Person acquiring or holding any Residual Ownership Interest shall be a Permitted Transferee and shall not acquire or hold
such Residual Ownership Interest as agent (including a broker, nominee or other middleman) on behalf of any Person that is not
a Permitted Transferee. Any such Person shall promptly notify the Certificate Registrar of any change or impending change in its
status (or the status of the beneficial owner of such Residual Ownership Interest) as a Permitted Transferee. Any acquisition
described in the first sentence of this Section 5.03(p) by a Person who is not a Permitted Transferee or by a Person who
is acting as an agent of a Person who is not a Permitted Transferee shall be void ab initio and of no effect, and the immediately
preceding owner who was a Permitted Transferee shall be restored to registered and beneficial ownership of the Residual Ownership
Interest as soon and as fully as possible.

 

(ii)          No
Residual Ownership Interest may be Transferred, and no such Transfer shall be registered in the Certificate Register,
without the express written consent of the Certificate Registrar, and the Certificate Registrar shall not recognize the
Transfer, and such proposed Transfer shall not be effective, without such consent with respect thereto. In connection with
any proposed Transfer of any Residual Ownership Interest, other than in connection with the initial Transfer thereof to the
Initial Purchasers, the Certificate Registrar shall, as a condition to such consent, (x) require the proposed transferee to
deliver, and the proposed transferee shall deliver to the Certificate Registrar and to the proposed transferor, an affidavit
(or, solely in connection with the initial issuance of such Residual Ownership Interest, a certification) in substantially
the form attached as Exhibit L-1 to this Agreement (a “Transferee Affidavit”) of the proposed
transferee (A) that such proposed transferee is a Permitted Transferee and (B) stating that (1) the proposed transferee
historically has paid its debts as they have come due and intends to do so in the future, (2) the proposed transferee
understands that, as the holder of a Residual Ownership Interest, it may incur tax liabilities in excess of cash flows
generated by the residual interest, (3) the proposed transferee intends to pay taxes associated with holding the Residual
Ownership Interest as they become due, (4) the proposed transferee will not cause income with respect to the Residual
Ownership Interest to be attributable to a foreign permanent establishment or fixed base, within the meaning of an applicable
income tax treaty, of such proposed transferee or any other U.S. Tax Person, (5) the proposed transferee will not transfer
the Residual Ownership Interest to any Person that does not

 

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provide
a Transferee Affidavit or as to which the proposed transferee has actual knowledge that such Person is not a Permitted Transferee
or is acting as an agent (including a broker, nominee or other middleman) for a Person that is not a Permitted Transferee, and
(6) the proposed transferee expressly agrees to be bound by and to comply with the provisions of this Section 5.03(p) and
(y) other than in connection with the initial issuance of a Class R Certificate or the Transfer of any Class R Certificate by
any Initial Purchaser in connection with the initial offering of the Certificates, require a statement from the proposed transferor
substantially in the form attached as Exhibit L-2A to this Agreement (the “Transferor Letter”), that
the proposed transferor has no actual knowledge that the proposed transferee is not a Permitted Transferee and has no actual knowledge
or reason to know that the proposed transferee’s statements in the preceding clauses (x)(B)(1) or (3) are false.

 

(iii)         Notwithstanding the delivery of a Transferee Affidavit by a proposed transferee under clause (p)(ii) above, if a Responsible Officer
of the Certificate Registrar has actual knowledge that the proposed transferee is not a Permitted Transferee, no Transfer to such
proposed transferee shall be effected and such proposed Transfer shall not be registered on the Certificate Register; provided,
however, the Certificate Registrar shall not be required to conduct any independent investigation to determine whether
a proposed transferee is a Permitted Transferee. Upon notice to the Certificate Registrar that there has occurred a Transfer to
any Person that is a Disqualified Organization or an agent thereof (including a broker, nominee or middleman) in contravention
of the foregoing restrictions, and in any event not later than 60 days after a request for information from the transferor of
such Residual Ownership Interest or such agent, the Certificate Registrar and the Certificate Administrator agree to furnish to
the IRS and the transferor of such Residual Ownership Interest or such agent such information necessary to the application of
Code Section 860E(e) as may be required by the Code, including, but not limited to, the present value of the total anticipated
excess inclusions with respect to such Class R Certificate (or portion thereof) for periods after such Transfer. At the election
of the Certificate Registrar, the Certificate Registrar may charge a reasonable fee for computing and furnishing such information
to the transferor or to such agent referred to above; provided, however, such Persons shall in no event be excused
from furnishing such information.

 

(iv)         The Class R Certificates may only be represented by Definitive Certificates and may only be transferred to and owned by Qualified
Institutional Buyers.

 

(v)          The Class S Certificates may only be represented by Definitive Certificates and may only be transferred to and owned by Qualified
Institutional Buyers or Institutional Accredited Investors.

 

(q)          Any attempted or purported transfer in violation of the transfer restrictions set forth in this Article V shall be null
and void ab initio and shall vest no rights in any purported transferee and shall not relieve the transferor of any obligations
with respect to the applicable Certificates.

 

Section
5.04 Mutilated, Destroyed, Lost or Stolen Certificates. If (a) any mutilated Certificate is surrendered to the Certificate
Registrar, or the Certificate Registrar receives evidence to its satisfaction of the destruction, loss or theft of any Certificate
and (b) there is

 

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delivered
to the Certificate Registrar, the Trustee and the Certificate Administrator such security or indemnity as may be required by it
to save it harmless, then, in the absence of actual notice that such Certificate has been acquired by a bona fide purchaser, the
Certificate Registrar shall direct the Certificate Administrator to execute, authenticate and deliver, in exchange for or in lieu
of any such mutilated, destroyed, lost or stolen Certificate, a new Certificate of like tenor and interest in the Trust Fund.
In connection with the issuance of any new Certificate under this Section 5.04, the Certificate Registrar and the Certificate
Administrator may require the payment of a sum sufficient to cover any expenses (including the fees and expenses of the Certificate
Registrar) connected therewith. Any replacement Certificate issued pursuant to this Section 5.04 shall constitute complete
and indefeasible evidence of ownership in the Trust Fund, as if originally issued, whether or not the lost, stolen or destroyed
Certificate shall be found at any time.

 

Section
5.05 Persons Deemed Owners. The Master Servicer, the Special Servicer, the Operating Advisor, the Trustee, the Certificate
Administrator and the Certificate Registrar, and any agent of any of them, may treat the Person in whose name any Certificate
is registered as the owner of such Certificate for the purpose of receiving distributions as provided in this Agreement and for
all other purposes whatsoever, and neither the Master Servicer, the Special Servicer, the Operating Advisor, the Trustee, the
Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall be affected by any notice to the contrary;
provided, however, that to the extent that a party to this Agreement responsible for distributing any report, statement
or other information required to be distributed to Certificateholders has been provided an Investor Certification, such party
to this Agreement shall distribute such report, statement or other information to such Certificate Owner (or prospective transferee)
under the same circumstances, and subject to the same conditions, as such report, statement or other information would be provided
to a Certificateholder.

 

Section
5.06 Appointment of Paying Agent. The Certificate Administrator may appoint (and, if it does not so appoint, shall act
as) a paying agent for the purpose of making distributions to Certificateholders and the Uncertificated VRR Interest Owners pursuant
to Section 4.01 of this Agreement. The Certificate Administrator shall cause such Paying Agent, if other than the Certificate
Administrator or the Master Servicer, to execute and deliver to the Master Servicer and the Certificate Administrator an instrument
that is consistent in all material respects with this Agreement and in which such Paying Agent shall agree with the Master Servicer
and the Certificate Administrator that such Paying Agent will hold all sums held by it for the payment to Certificateholders and
the Uncertificated VRR Interest Owners in trust for the benefit of the Certificateholders and the Uncertificated VRR Interest
Owners entitled thereto until such sums have been paid to the Certificateholders and the Uncertificated VRR Interest Owners or
disposed of as otherwise provided herein. The initial Paying Agent shall be the Certificate Administrator. The Paying Agent shall
at all times be an entity having a long-term unsecured debt rating of at least: (i) “Baa1” by Moody’s; (ii)
“BBB(high)” by DBRS Morningstar (or, if not rated by DBRS Morningstar, then at least an equivalent rating by two other
NRSROs), except in the case of Computershare Trust Company, National Association, so long as it has a long-term senior unsecured
debt rating or long-term issuer rating of at least “BBB” by at least one NRSRO; and (iii) “BBB+” from
Fitch, or shall be otherwise acceptable to each Rating Agency.

 

Section
5.07    Access to Certificateholders’ Names and Addresses; Special Notices.

 

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(a)          The Certificate Registrar shall maintain in as current form as is reasonably practicable the most recent list available to it
of the names and addresses of the Certificateholders. If any Certificateholder or Certificate Owner (a “Certifying Certificateholder”)
that has delivered an executed certification as contemplated by Section 5.07(c) reflecting the appropriate information
to the Certificate Administrator at 9062 Old Annapolis Road, Columbia, Maryland 21045, Attention: Corporate Trust Administration
Group – Benchmark 2022-B35 with a copy to: trustadministrationgroup@wellsfargo.com
(i) requests in writing from the Certificate Registrar a list of the names and addresses of Certificateholders, (ii) states
that such Certifying Certificateholder desires to communicate with other Certificateholders and Certificate Owners with respect
to its rights under this Agreement or under the Certificates and (iii) provides a copy of the communication which Certifying Certificateholder
proposes to transmit, then the Certificate Registrar shall, within ten (10) Business Days after the receipt of such request (a
“Communication Request”), furnish such Certifying Certificateholder (at such Certifying Certificateholder’s
sole cost and expense) a list of the names and addresses of the Certificateholders as of the most recent Record Date as they appear
in the Certificate Register. Every Certificateholder, by receiving and holding a Certificate, agrees that the Certificate Registrar
shall not be held accountable by reason of the disclosure of any such information as to the list of the Certificateholders hereunder,
regardless of the source from which information was derived. The Master Servicer, the Special Servicer, the Trustee, the Certificate
Administrator, the Operating Advisor and the Depositor shall be entitled to a list of the names and addresses of Certificateholders
from time to time upon request therefor.

 

(b)          The
Certificate Administrator shall include in any Form 10-D any written request received in accordance with Section
5.07(a) prior to the Distribution Date to which the Form 10-D relates (and on or after the Distribution Date preceding
such Distribution Date) from a Certificateholder or Certificate Owner to communicate with other Certificateholders or
Certificate Owners related to Certificateholders or Certificate Owners exercising their rights under the terms of this
Agreement. Any Form 10-D containing such disclosure (a “Special Notice”) regarding the request to
communicate shall include the following and no more than the following (a) the name of the Certificateholder or Certificate
Owner making the request, (b) the date the request was received, (c) a statement to the effect that the Certificate
Administrator has received such request, stating that such Certificateholder or Certificate Owner is interested in
communicating with other Certificateholders or Certificate Owners with regard to the possible exercise of rights under this
Agreement, and (d) a description of the method other Certificateholders or Certificate Owners may use to contact
the requesting Certificateholder or Certificate Owner.

 

(c)          In verifying the identity of any Certificateholder or Certificate Owner in connection with any request to communicate, (i) if
the Certificateholder or Certificate Owner is the holder of record with respect to any Certificate, the Certificate Administrator
shall not require any further verification or (ii) if the Certificateholder or Certificate Owner is not the holder of record with
respect to any Certificate, the Certificate Administrator shall require no more than (x) a written certification from such Certificateholder
or Certificate Owner that it is the beneficial owner of a Certificate and (y) one of the following documents confirming ownership
of such Certificate: a trade confirmation, an account statement, a letter from a broker-dealer or another document acceptable
to the Certificate Administrator that is similar to any of the foregoing documents. The Certificate Administrator shall not have
any obligation to verify the information provided by any Certificateholder or Certificate Owner in any request to communicate
and may

 

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rely
on such information conclusively. Any Certificateholder or Certificate Owner will be responsible for its own expenses in making
any Communication Request, but will not be required to bear any expenses of the Certificate Administrator. Any expenses the Certificate
Administrator incurs in connection with any request to communicate will be paid by the Trust.

 

Section
5.08    Actions of Certificateholders.

 

(a)          Any request, demand, authorization, direction, notice, consent, waiver or other action provided by this Agreement to be given
or taken by Certificateholders may be embodied in and evidenced by one or more instruments of substantially similar tenor signed
by such Certificateholders in person or by agent duly appointed in writing; and except as herein otherwise expressly provided,
such action shall become effective when such instrument or instruments are delivered to the Certificate Administrator and, when
required, to the Depositor, the Master Servicer or the Special Servicer. Proof of execution of any such instrument or of a writing
appointing any such agent shall be sufficient for any purpose of this Agreement and conclusive in favor of the Trustee, the Certificate
Administrator, the Depositor, the Special Servicer and the Master Servicer, if made in the manner provided in this Section.

 

(b)          The fact and date of the execution by any Certificateholder of any such instrument or writing may be proved in any reasonable
manner which the Certificate Administrator deems sufficient.

 

(c)          Any request, demand, authorization, direction, notice, consent, waiver or other act by a Certificateholder shall bind every Holder
of every Certificate issued upon the registration of transfer thereof or in exchange therefor or in lieu thereof, in respect of
anything done, or omitted to be done, by the Trustee, the Certificate Administrator, the Depositor, the Special Servicer or the
Master Servicer in reliance thereon, whether or not notation of such action is made upon such Certificate.

 

(d)          The Certificate Administrator or Certificate Registrar may require such additional proof of any matter referred to in this Section
5.08 as it shall deem necessary.

 

Section
5.09 Authenticating Agent. The Certificate Administrator may appoint an Authenticating Agent to execute and to authenticate
Certificates. The Authenticating Agent must be acceptable to the Depositor and must be an entity organized and doing business
under the laws of the United States of America or any state, having a principal office and place of business in a state and city
acceptable to the Depositor, having a combined capital and surplus of at least $15,000,000, authorized under such laws to
do a trust business and subject to supervision or examination by federal or state authorities. The Certificate Administrator shall
serve as the initial Authenticating Agent and the Certificate Administrator hereby accepts such appointment.

 

Any
entity into which the Authenticating Agent may be merged or converted or with which it may be consolidated, or any entity resulting
from any merger, conversion or consolidation to which the Authenticating Agent shall be party, or any entity succeeding to the
corporate agency business of the Authenticating Agent, shall be the Authenticating Agent without the execution or filing of any
paper or any further act on the part of the Certificate Administrator or the Authenticating Agent.

 

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The
Authenticating Agent may at any time resign by giving at least 30 days’ advance written notice of resignation to the Certificate
Administrator and the Depositor. The Certificate Administrator may at any time terminate the agency of the Authenticating Agent
by giving written notice of termination to the Authenticating Agent and the Depositor. Upon receiving a notice of resignation
or upon such a termination, or in case at any time the Authenticating Agent shall cease to be eligible in accordance with the
provisions of this Section 5.09, the Certificate Administrator promptly shall appoint a successor Authenticating Agent,
which shall be acceptable to the Depositor, and shall mail notice of such appointment to all Certificateholders. Any successor
Authenticating Agent upon acceptance of its appointment hereunder shall become vested with all the rights, powers, duties and
responsibilities of its predecessor hereunder, with like effect as if originally named as Authenticating Agent herein. No successor
Authenticating Agent shall be appointed unless eligible under the provisions of this Section 5.09.

 

The
Authenticating Agent shall have no responsibility or liability for any action taken by it as such at the direction of the Certificate
Administrator. Any compensation paid to the Authenticating Agent shall be an unreimbursable expense of the Certificate Administrator.
The appointment of an Authenticating Agent shall not relieve the Certificate Administrator from any of its obligations hereunder,
and the Certificate Administrator shall remain responsible for all acts and omissions of the Authenticating Agent.

 

Section
5.10 Appointment of Custodian. The Certificate Administrator shall be, and shall perform all the duties of, the Custodian
hereunder or may appoint one or more Custodians to hold all or a portion of the Mortgage Files as agent for the Certificate Administrator,
by entering into a Custodial Agreement (in the event the Certificate Administrator is not the Custodian) that is consistent in
all material respects with this Agreement. The Certificate Administrator shall give prompt written notice to the Depositor of
any appointment of a Custodian. The Certificate Administrator agrees to comply with the terms of each Custodial Agreement, to
enforce the terms and provisions thereof against the Custodian for the benefit of the Certificateholders, the Uncertificated VRR
Interest Owners and the Serviced Companion Loan Holders and to cause any Custodian appointed by the Certificate Administrator
to comply with any provision of this Agreement that purports to require such Custodian to act or refrain from acting. Each Custodian
shall: (i) except in the case of the initial Custodian, be a depository institution subject to supervision by federal or state
authority; (ii) have a combined capital and surplus of at least $15,000,000; (iii) have a long-term unsecured debt rating of at
least “BBB(high)” by DBRS Morningstar (or, if not rated by DBRS Morningstar, then at least an equivalent rating by
two other NRSROs); (iv) except in the case of the initial Custodian, have a long-term unsecured debt rating of at least “Baa2”
from Moody’s and “BBB” from Fitch; and (v) be qualified to do business in the jurisdiction in which it holds
any Mortgage File. Each Custodial Agreement may be amended only as provided in Section 12.07 of this Agreement. Any compensation
paid to the Custodian shall be an unreimbursable expense of the Certificate Administrator. The Certificate Administrator shall
serve as the initial Custodian and shall be deemed appointed as Custodian at all times that no other party is so appointed in
accordance with this Section 5.10. The Custodian, if the Custodian is not the Certificate Administrator, shall maintain
a fidelity bond in the form and amount that are customary for securitizations similar to the securitization evidenced by this
Agreement, with the Certificate Administrator named as loss payee. The Custodian shall be deemed to have complied with this provision
if one of its respective Affiliates has such fidelity bond coverage and, by the terms of

 

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such
fidelity bond, the coverage afforded thereunder extends to the Custodian. In addition, the Custodian shall keep in force during
the term of this Agreement a policy or policies of insurance covering loss occasioned by the errors and omissions of its officers
and employees in connection with its obligations hereunder in the form and amount that are customary for securitizations similar
to the securitization evidenced by this Agreement, with the Certificate Administrator named as loss payee. All fidelity bonds
and policies of errors and omissions insurance obtained under this Section 5.10 shall be issued by a Qualified Insurer,
or by any other insurer with respect to which the Rating Agencies have provided to the Trustee a Rating Agency Confirmation. The
Custodian shall be subject to the same obligations and standard of care as would be imposed on the Certificate Administrator hereunder
in connection with the retention of Mortgage Files directly by the Certificate Administrator. Upon termination or resignation
of any Custodian appointed by it, the Certificate Administrator may appoint another Custodian meeting the foregoing requirements.
The appointment of a Custodian shall not relieve the Certificate Administrator from any of its obligations hereunder, and the
Certificate Administrator shall remain responsible for all acts and omissions of the Custodian. In the event the Certificate Administrator
is the Custodian, the Custodian may self-insure.

 

Section
5.11 Maintenance of Office or Agency. The Certificate Registrar shall maintain or cause to be maintained an office or offices
or agency or agencies where Certificates may be surrendered for registration of transfer or exchange and where notices and demands
to or upon the Certificate Registrar in respect of the Certificates and this Agreement may be served. The Certificate Registrar
initially designates its office at 600 South 4th Street, 7th Floor, Minneapolis, Minnesota 55415, as its office for such purposes.
The Certificate Registrar shall give prompt written notice to the Certificateholders and the Uncertificated VRR Interest Owners
of any change in the location of the Certificate Register or any such office or agency.

 

Section
5.12 Voting Procedures. With respect to any matters submitted to Certificateholders for a vote, the Certificate Administrator
shall administer such vote through the Depository with respect to Global Certificates and directly with registered Holders by
mail with respect to Definitive Certificates. In each case, such vote shall be administered in accordance with the following procedures,
unless different procedures are otherwise described herein with respect to a specific vote:

 

(a)          Any matter submitted to Certificateholders for a vote shall be announced in a notice prepared by the Certificate Administrator.
Such notice shall include the record date determined by the Certificate Administrator for purposes of the vote and a voting deadline
which, unless otherwise specifically contemplated herein for any particular matter, shall be no less than thirty (30) days and
no later than sixty (60) days after the date such notice is distributed. The notice and related ballot shall be sent to Holders
of Global Certificates through the Depository and by mail to the registered Holders of Definitive Certificates. In addition, the
notice and related ballot shall be posted to the Certificate Administrator’s Website. Notices delivered in this manner shall
be considered delivered to all Holders regardless of whether any Holder actually receives the notice and ballot.

 

(b)          In connection with any vote administered pursuant to this Agreement, voting Holders shall be required to certify their holdings
in the manner set forth on the ballot, unless a specific manner is otherwise provided herein. Holders may only vote in accordance
with

 

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their
Voting Rights. Voting Rights with respect to any outstanding Class of Certificates shall be calculated by the Certificate Administrator
in accordance with the definition of Voting Rights as of the record date for the vote. Only Classes with an outstanding Certificate
Balance or Notional Amount, as applicable, greater than zero as of the record date of the vote shall be permitted to vote. Once
a Holder has cast its vote, the vote may be changed or retracted on or before the vote deadline. Any changes or retractions shall
be communicated by the Certificateholder to the Certificate Administrator in writing on a ballot. After the vote deadline has
passed, votes may not be changed or retracted by any Holder unless the Holder wishing to change or retract its vote holds a sufficient
portion of the Voting Rights such that the Holder, by its vote alone, could approve or deny the proposition subject to a vote
without taking into consideration the votes cast by any other Holder. Transferees or purchasers of any Class of Certificates are
subject to and shall be bound by all votes of Holders initiated or conducted prior to its acquisition of such Certificate.

 

(c)          The Certificate Administrator may take up to fifteen (15) Business Days to tabulate the results of any vote. The Certificate Administrator
shall use its reasonable efforts to resolve any illegible or incomplete ballots received prior to the voting deadline. Illegible
or incomplete ballots that are received on the voting deadline or that cannot be resolved by the voting deadline shall not be
counted. Promptly after the votes are tabulated, the Certificate Administrator shall prepare a notice announcing the results of
the vote. Such notice shall include the percentage of Voting Rights in favor of the proposition, the percentage against the proposition
and the percentage abstaining. In addition, the notice will announce whether the proposition has been adopted by Certificateholders.
The notice shall be distributed in accordance with the methods described in Section 5.12(a) above. The Certificate Administrator
shall also include such notice on the Form 10-D prepared in connection with the distribution period that corresponds with the
date such notice is distributed. All vote tabulations shall be final and the Certificate Administrator shall not, absent manifest
error, re-tabulate the votes or conduct a new vote for the same proposition.

 

(d)          Unless otherwise specifically provided herein, any and all reasonable expenses incurred by the Certificate Administrator in connection
with administering any vote shall be borne by the Trust. The Certificate Administrator is under no obligation to advise Holders
about the matter being voted on or answer questions other than process-related questions regarding the administration of the vote.

 

(e)          If any party to this Agreement believes a vote of Certificateholders is needed for some matter related to the administration of
the Trust that is not specifically contemplated herein, such party may request the Certificate Administrator to conduct a vote
and the Certificate Administrator will conduct the requested vote in accordance with these procedures. Unless specifically provided
herein, all such votes require a majority of Certificateholders to carry a proposition.

 

ARTICLE
VI

 

THE
DEPOSITOR, THE MASTER SERVICER, THE SPECIAL SERVICER, THE OPERATING ADVISOR, THE ASSET REPRESENTATIONS REVIEWER AND THE CONTROLLING
CLASS REPRESENTATIVE

 

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Section
6.01 Liability of the Depositor, the Master Servicer, the Special Servicer, the Asset Representations Reviewer and the Operating
Advisor. The Depositor, the Master Servicer, the Special Servicer, the Operating Advisor and the Asset Representations Reviewer
each shall be liable in accordance herewith only to the extent of the obligations specifically imposed by this Agreement. Each
of the Master Servicer, the Special Servicer, the Operating Advisor and the Asset Representations Reviewer shall indemnify the
Depositor (and any employee, director or officer of the Depositor), the Trust Fund and the Serviced Companion Loan Holders and
hold the Depositor (and any employee, director or officer of the Depositor), the Trust Fund and the Serviced Companion Loan Holders
harmless against any loss, liability or reasonable expense (including, without limitation, reasonable attorneys’ fees and
expenses, which for the avoidance of doubt include reasonable attorneys’ fees and expenses related to the enforcement of
this indemnity) incurred by such parties (i) as a result of any willful misconduct, bad faith, fraud or negligence in the performance
of duties of the Master Servicer, the Special Servicer, the Operating Advisor or the Asset Representations Reviewer, as the case
may be, or by reason of negligent disregard of such Person’s obligations or duties hereunder, or (ii) as a result of the
breach by the Master Servicer, the Special Servicer, the Operating Advisor or the Asset Representations Reviewer, as the case
may be, of any of its representations or warranties contained herein. The Depositor shall indemnify the Trust Fund and the Master
Servicer, the Special Servicer, the Trustee, the Certificate Administrator, the Operating Advisor and the Asset Representations
Reviewer, and any member, manager, employee, director or officer of the Master Servicer, the Special Servicer, the Trustee, the
Certificate Administrator, the Operating Advisor or the Asset Representations Reviewer and hold the Trust Fund and the Master
Servicer, the Special Servicer, the Trustee, the Certificate Administrator, the Operating Advisor and the Asset Representations
Reviewer and any member, manager, employee, director or officer of either the Master Servicer, the Special Servicer, the Trustee,
the Operating Advisor or the Asset Representations Reviewer harmless against any loss, liability or reasonable expense (including,
without limitation, reasonable attorneys’ fees and expenses) incurred by such parties (i) in connection with any willful
misconduct, bad faith, fraud and/or negligence in the performance of duties of the Depositor or by reason of negligent disregard
of the Depositor obligations or duties hereunder, or (ii) as a result of the breach by the Depositor of any of its representations
or warranties contained herein.

 

Section
6.02 Merger or Consolidation of the Master Servicer, the Special Servicer, the Operating Advisor and the Asset Representations
Reviewer. Subject to the following paragraph, each of the Master Servicer, the Special Servicer, the Operating Advisor and
the Asset Representations Reviewer shall keep in full effect its existence, rights and good standing as a national banking association,
a corporation or a limited liability company, as applicable, under the laws of the state of its organization and shall not jeopardize
its ability to do business in each jurisdiction in which the Mortgaged Properties are located, to the extent necessary to perform
its obligations under this Agreement, or to protect the validity and enforceability of this Agreement, the Certificates or any
of the Mortgage Loans and to perform its respective duties under this Agreement.

 

Each
of the Master Servicer, the Special Servicer, the Operating Advisor and the Asset Representations Reviewer may be merged or consolidated
with or into any Person, or transfer all or substantially all of its assets (which may be limited to all or substantially all
of its assets related to commercial mortgage loan servicing or, in the case of the Operating Advisor, may be limited to all or
substantially all of its assets related to acting as a trust advisor or operating

 

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advisor
for commercial mortgage securitizations) to any Person, in which case any Person resulting from any merger or consolidation to
which it shall be a party, or any Person succeeding to its business, shall be the successor of the Master Servicer, the Special
Servicer, the Operating Advisor or the Asset Representations Reviewer, as applicable, hereunder, and shall be deemed to have assumed
all of the liabilities of the Master Servicer, the Special Servicer, the Operating Advisor or the Asset Representations Reviewer,
as applicable, hereunder, if each of the Rating Agencies has provided a Rating Agency Confirmation; provided that if the
Master Servicer, the Special Servicer, the Operating Advisor or the Asset Representations Reviewer enters into a merger and the
Master Servicer, the Special Servicer, the Operating Advisor or the Asset Representations Reviewer, as applicable, is the surviving
entity under applicable law, then the Master Servicer, the Special Servicer, the Operating Advisor or the Asset Representations
Reviewer, as applicable, shall not, as a result of the merger, be required to provide a Rating Agency Confirmation.

 

Section
6.03 Limitation on Liability of the Depositor, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset
Representations Reviewer and Others. None of the Depositor, the Master Servicer, the Special Servicer, the Operating Advisor,
the Asset Representations Reviewer or any of the directors, members, managers, officers, employees or agents of the Depositor,
the Master Servicer, the Special Servicer, the Operating Advisor or the Asset Representations Reviewer shall be under any liability
to the Trust Fund, the Certificateholders, the Uncertificated VRR Interest Owners, the Companion Loan Holders or any other Person
for any action taken, or for refraining from the taking of any action, in good faith pursuant to this Agreement, or for errors
in judgment. However, none of the Depositor, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations
Reviewer or any such Person shall be protected against any liability which would otherwise be imposed by reason of (i) any breach
of warranty or representation by such respective party in this Agreement or (ii) any willful misconduct, bad faith, fraud or negligence
on the part of such respective party in the performance of its obligations and duties hereunder or by reason of negligent disregard
on the part of such respective party of its obligations or duties hereunder. The Depositor, the Master Servicer, the Special Servicer,
the Operating Advisor, the Asset Representations Reviewer and any director, member, manager, officer, employee or agent of the
Depositor, the Master Servicer, the Special Servicer, the Operating Advisor or the Asset Representations Reviewer may rely in
good faith on any document of any kind which, prima facie, is properly executed and submitted by any appropriate Person respecting
any matters arising hereunder. The Depositor, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations
Reviewer and any director, member, manager, officer, employee or agent of the Depositor, the Master Servicer, the Special Servicer,
the Operating Advisor or the Asset Representations Reviewer shall be indemnified and held harmless by the Trust Fund (which indemnification
amounts shall be payable out of the Collection Account or the applicable Loan Combination Custodial Account if and to the extent
with respect to a Serviced Loan Combination and then out of the Collection Account, provided that, to the extent that the
amount relates to a Serviced Loan Combination, is required under the related Co-Lender Agreement to be borne by the holder of
a related Serviced Companion Loan and is paid from the Collection Account because funds on deposit in the applicable Loan Combination
Custodial Account are insufficient to pay such indemnification, then the Master Servicer shall from time to time thereafter use
amounts otherwise payable to the holder of such Serviced Companion Loan to deposit into the Collection Account the amount so paid
from the Collection Account) against any loss, liability, penalty, fine, forfeiture, claim, judgment or expense (including reasonable
legal fees and expenses, which for the avoidance of doubt include reasonable legal fees

 

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and
expenses related to the enforcement of this indemnity) incurred in connection with, or relating to, this Agreement, the Certificates
or the Uncertificated VRR Interest, other than any such loss, liability, penalty, fine, forfeiture, claim, judgment or expense
(including any such legal fees and expenses) (i) incurred by reason of willful misconduct, bad faith, fraud or negligence in the
performance of its obligations or duties hereunder or by reason of negligent disregard of its obligations or duties hereunder,
in each case by the Person being indemnified, (ii) with respect to any such party, resulting from the breach by such party of
any of its representations or warranties contained herein, (iii) specifically required to be borne by the party seeking indemnification
without right of reimbursement pursuant to the terms hereof or (iv) which constitutes an Advance that is otherwise reimbursable
hereunder. None of the Depositor, the Master Servicer, the Special Servicer, the Operating Advisor or the Asset Representations
Reviewer shall be under any obligation to appear in, prosecute or defend any legal action unless such action is related to its
respective duties under this Agreement and in its opinion does not expose it to any expense or liability for which reimbursement
is not reasonably assured, and neither the Operating Advisor nor the Asset Representations Reviewer may prosecute on behalf of
the Trust or in the interests of the Certificateholders or the Uncertificated VRR Interest Owners any legal action related to
its duties under this Agreement under any circumstances; provided, however, that each of the Depositor, the Master
Servicer and the Special Servicer may in its discretion undertake any such action related to its obligations hereunder which it
may deem necessary or desirable with respect to this Agreement and the rights and duties of the parties hereto and the interests
of the Certificateholders and the Uncertificated VRR Interest Owners hereunder. In such event, the reasonable legal expenses and
costs of such action and any liability resulting therefrom shall be expenses, costs and liabilities of the Trust Fund (payable
out of the Collection Account or the applicable Loan Combination Custodial Account if and to the extent with respect to a Serviced
Loan Combination and then out of the Collection Account, provided that to the extent that the amount relates to a Serviced Loan
Combination, is required under the related Co-Lender Agreement to be borne by the holder of a related Serviced Companion Loan
and is paid from the Collection Account because funds on deposit in the applicable Loan Combination Custodial Account are insufficient
to pay such indemnification, then the Master Servicer shall from time to time thereafter use amounts otherwise payable to the
holder of such Serviced Companion Loan to deposit into the Collection Account the amount so paid from the Collection Account),
and the Depositor, the Master Servicer and the Special Servicer shall be entitled to be reimbursed therefor from the Collection
Account or the applicable Loan Combination Custodial Account, as applicable, as provided in Section 3.06 and Section
3.06A of this Agreement.

 

Each
of the related Outside Servicer, the related Outside Special Servicer or the related Outside Trustee, as applicable, shall be
entitled to reimbursement out of general collections in the Collection Account for the Trust’s pro rata share of
any fees, costs or expenses incurred in connection with the servicing and administration of an Outside Serviced Loan Combination
as to which the securitization trust created under the applicable Outside Servicing Agreement or any of the parties thereto are
entitled to be reimbursed pursuant to the terms of the applicable Outside Servicing Agreement and the related Co-Lender Agreement
(to the extent amounts on deposit in the related “Serviced Whole Loan Custodial Account” or “Loan Combination
Custodial Account” (as each such term or any analogous term is defined in the applicable Outside Servicing Agreement) are
insufficient for reimbursement of such amounts).

 

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Section
6.04    Limitation on Resignation of the Master Servicer, the Special Servicer or the Operating Advisor.

 

(a)           Each of the Master Servicer and the Special Servicer may resign, assign its respective rights and delegate its respective duties
and obligations under this Agreement by giving written notice thereof to the other such party, the Trustee, the Certificate Administrator
(who shall post such notice to the Certificate Administrator’s Website for review by Privileged Persons in accordance with
Section 4.02(a)), the Depositor, the Operating Advisor, the Asset Representations Reviewer, the Serviced Companion Loan
Holders and, for posting to the Rule 17g-5 Information Provider’s Website pursuant to Section 12.13 of this Agreement,
the Rule 17g-5 Information Provider; provided that, with respect to any of the Master Servicer or the Special Servicer:
(i) the successor accepting such assignment and delegation (A) shall be an established mortgage finance entity, bank or other
entity regularly engaged in the servicing of commercial mortgage loans, organized and doing business under the laws of any state
of the United States, the District of Columbia or the United States, authorized under such laws to perform the duties of a servicer
of mortgage loans or a Person resulting from a merger, consolidation or succession that is permitted under Section 6.02
of this Agreement and, in the case of a Serviced Loan Combination, under the related Co-Lender Agreement and (B) shall execute
and deliver to the Trustee and the Certificate Administrator an agreement which contains an assumption by such Person of the due
and punctual performance and observance of each covenant and condition to be performed or observed by the Master Servicer or the
Special Servicer, as the case may be, under this Agreement from and after the date of such agreement; (ii) each Rating Agency
has delivered to the Trustee a Rating Agency Confirmation; (iii) the Master Servicer or the Special Servicer shall not be released
from its obligations under this Agreement that arose prior to the effective date of such assignment and delegation under this
Section 6.04; (iv) the rate at which the Servicing Fee or Special Servicing Compensation, as applicable (or any component
thereof) is calculated shall not exceed the rate then in effect; (v) for so long as no Control Termination Event has occurred
and is continuing, the successor Special Servicer is acceptable to the Controlling Class Representative (and, if a Serviced Outside
Controlled Loan Combination is affected, the successor Special Servicer is acceptable to the related Outside Controlling Note
Holder); (vi) the resigning Master Servicer or Special Servicer, as applicable, shall be responsible for the reasonable costs
and expenses of each other party hereto, the Trust and the Rating Agencies in connection with such transfer; and (vii) none of
the Operating Advisor, the Asset Representations Reviewer nor any of their Affiliates shall in any event be appointed as successor
Master Servicer or Special Servicer. Upon acceptance of such assignment and delegation, the purchaser or transferee shall be the
successor Master Servicer or Special Servicer, as applicable, hereunder.

 

(b)          Except as otherwise provided in this Section 6.04 and Section 6.08(j), the Master Servicer and the Special Servicer
shall not resign from their respective obligations and duties hereby imposed on them except upon determination that such duties
hereunder are no longer permissible under applicable law; provided that, on and after the time the Trustee receives notice
of resignation by the Master Servicer or the Special Servicer upon determination that such duties hereunder are no longer permissible
under applicable law, the Trustee (solely with respect to the Master Servicer or the Special Servicer) shall, subject to the terms
and provisions of Section 7.02 of this Agreement as if the resigning party was a Terminated Party, be its successor in
all respects in its capacity as Master Servicer or Special Servicer, as applicable, as though the Master Servicer or the Special
Servicer, as the case may be, had received a notice of termination. Any such

 

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determination
permitting the resignation of the Master Servicer or the Special Servicer, as applicable, shall be evidenced by an Opinion of
Counsel (obtained at the resigning Master Servicer’s or Special Servicer’s expense) to such effect delivered to the
Trustee and the Certificate Administrator.

 

Except
as provided in the immediately preceding paragraph, no resignation or removal of the Master Servicer, the Special Servicer as
contemplated herein shall become effective until the Trustee (solely with respect to the Master Servicer or the Special Servicer)
or a successor Master Servicer, Special Servicer shall have assumed the Master Servicer’s or the Special Servicer’s,
as applicable, responsibilities, duties, liabilities and obligations hereunder. Notwithstanding anything to the contrary herein,
none of the Operating Advisor, the Asset Representations Reviewer nor any of their Affiliates may be appointed as successor Master
Servicer or Special Servicer. If no successor Master Servicer or Special Servicer can be obtained to perform such obligations
for the same compensation to which the terminated Master Servicer or Special Servicer would have been entitled, additional amounts
payable to such successor Master Servicer or Special Servicer shall be payable out of the Trust; provided that, for so
long as no Consultation Termination Event has occurred and is continuing, the Trustee shall consult with the Controlling Class
Representative prior to the appointment of a successor Master Servicer, Special Servicer or Operating Advisor at a servicing or
operating advisor compensation in excess of that permitted to the terminated Master Servicer, Special Servicer or Operating Advisor,
as applicable.

 

If
the Trustee or an Affiliate acts pursuant to this Section 6.04 as successor to the resigning Master Servicer, it may reduce
the Excess Servicing Fee Rate to the extent that the Trustee’s or such Affiliate’s compensation as successor Master
Servicer would otherwise be below the market rate servicing compensation. If the Trustee elects to appoint a successor to the
resigning Master Servicer other than itself or an Affiliate pursuant to this Section 6.04, it may reduce the Excess Servicing
Fee Rate to the extent reasonably necessary (in the sole discretion of the Trustee) for the Trustee to appoint a qualified successor
Master Servicer that meets the requirements of this Section 6.04.

 

(c)          The Operating Advisor may resign from its obligations and duties under this Agreement (a) upon thirty (30) days’ prior written
notice to the parties to this Agreement, any applicable Directing Holder and any applicable Consulting Parties and (b) upon the
appointment of, and the acceptance of such appointment by, a successor operating advisor that is an Eligible Operating Advisor
and receipt by the Trustee of Rating Agency Confirmation from each Rating Agency. Except as provided in Section 6.04(d),
no such resignation by the Operating Advisor shall become effective until a replacement Operating Advisor shall have assumed the
resigning Operating Advisor’s responsibilities and obligations under this Agreement. The successor entity assuming the obligations
of the Operating Advisor under this Agreement shall be entitled to the compensation to which the Operating Advisor would have
been entitled hereunder after the date of assumption of such obligations. If no successor Operating Advisor can be obtained to
perform such obligations for such compensation, additional amounts payable to such successor Operating Advisor shall be payable
out of the Trust; provided that, for so long as no Consultation Termination Event has occurred and is continuing, the Trustee
shall consult with the Controlling Class Representative prior to the appointment of a successor Operating Advisor at an operating
advisor compensation in excess of that permitted to the terminated Operating Advisor. If no successor Operating Advisor has been
appointed and accepted such appointment within 60 days after the

 

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resigning
Operating Advisor’s giving of notice of resignation, the resigning Operating Advisor may petition any court of competent
jurisdiction for appointment of a successor. The resigning Operating Advisor shall pay all costs and expenses associated with
its resignation and the transfer of its duties (including costs and expenses incurred by each other party hereto, the Trust and
the Rating Agencies) pursuant to this Section 6.04.

 

(d)          In addition, in the event that, at any time following the end of the VRR Interest Transfer Restriction Period, there are no Classes
of Certificates or Uncertificated VRR Interest outstanding other than the Control Eligible Certificates, the Class S Certificates,
the Combined VRR Interest and the Class R Certificates, then all of the rights and obligations of the Operating Advisor under
this Agreement shall terminate without payment of any penalty or termination fee (other than any rights or obligations that accrued
prior to the date of such termination (including the right to receive all amounts accrued and owing to it under this Agreement)
and other than indemnification rights arising out of events occurring prior to such termination). If the Operating Advisor is
terminated pursuant to the foregoing sentence, then no replacement Operating Advisor shall be appointed.

 

Section
6.05 Rights of the Depositor, the Trustee and the Certificate Administrator in Respect of the Master Servicer and Special Servicer.
The Master Servicer and the Special Servicer shall afford the Depositor, the Trustee, the Certificate Administrator and, subject
to Section 12.13 of this Agreement, each Rating Agency, upon reasonable notice, during normal business hours access to
all records maintained by it in respect of its rights and obligations hereunder and access to its officers responsible for such
obligations, if reasonably related to the performance of the obligations of such Person under this Agreement. Upon request, if
reasonably related to the performance of the obligations of such Person under this Agreement, the Master Servicer and the Special
Servicer shall furnish to the Depositor, each of the Underwriters, the Initial Purchasers, the Master Servicer, the Special Servicer,
the Trustee and the Certificate Administrator its most recent publicly available annual financial statements or those of its public
parent. The Depositor is not obligated to monitor or supervise the performance of the Master Servicer, the Special Servicer, the
Operating Advisor, the Asset Representations Reviewer, the Certificate Administrator or the Trustee under this Agreement. The
Depositor may, but is not obligated to, enforce the obligations of the Master Servicer or the Special Servicer hereunder which
are in default and may, but is not obligated to, perform, or cause a designee to perform, any defaulted obligation of such Person
hereunder or exercise its rights hereunder, provided that the Master Servicer and the Special Servicer shall not be relieved
of any of its obligations hereunder by virtue of such performance by the Depositor or its designee. In the event the Depositor
or its designee undertakes any such action it will be reimbursed by the Trust Fund from the Collection Account as provided in
Section 3.06 and Section 6.03 of this Agreement to the extent not recoverable from the Master Servicer or the Special
Servicer, as applicable. None of the Depositor, the Trustee, the Certificate Administrator, the Master Servicer (with respect
to the Special Servicer) or the Special Servicer (with respect to the Master Servicer) shall have any responsibility or liability
for any action or failure to act by the Master Servicer or the Special Servicer, and no such Person is obligated to monitor or
supervise the performance of the Master Servicer or the Special Servicer under this Agreement or otherwise. Neither the Master
Servicer nor the Special Servicer shall have any responsibility or liability for any action or failure to act by the Depositor,
the Trustee or the Certificate Administrator and neither such Person is obligated to monitor or supervise the

 

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performance
of the Depositor, the Trustee or the Certificate Administrator under this Agreement or otherwise.

 

Each
of the Trustee, the Certificate Administrator, the Depositor, the Master Servicer, and the Special Servicer shall furnish such
reports, certifications and information as are reasonably requested by the Trustee, the Certificate Administrator, the Depositor,
the Master Servicer or the Special Servicer, as applicable, in order to enable such requesting party to perform its duties hereunder,
provided that for the avoidance of doubt, this shall not require any Person to prepare any reports, Certificates and information
not required to be prepared hereunder.

 

Neither
the Master Servicer nor the Special Servicer shall be under any obligation to disclose confidential or proprietary information
pursuant to this Section.

 

Section
6.06 Master Servicer, Special Servicer as Owner of a Certificate. The Master Servicer or an Affiliate of the Master Servicer
or the Special Servicer or an Affiliate of the Special Servicer may become the Holder (or with respect to a Global Certificate,
Certificate Owner) of any Certificate with the same rights it would have if it were not the Master Servicer or the Special Servicer
or an Affiliate thereof, except as otherwise expressly provided herein. If, at any time during which the Master Servicer or the
Special Servicer or an Affiliate of the Master Servicer or the Special Servicer is the Holder or Certificate Owner of any Certificate,
the Master Servicer or the Special Servicer proposes to take action (including for this purpose, omitting to take action) that (i)    
is not expressly prohibited by the terms hereof and would not, in the Master Servicer’s or the Special Servicer’s
good faith judgment, violate the Servicing Standard, and (ii) if taken, might nonetheless, in the Master Servicer’s or the
Special Servicer’s good faith judgment, be considered by other Persons to violate the Servicing Standard, the Master Servicer
or the Special Servicer may seek the approval of the Certificateholders and any affected Serviced Companion Loan Holder to such
action by delivering to the Trustee and the Certificate Administrator a written notice that (i) states that it is delivered pursuant
to this Section 6.06, (ii) identifies the Percentage Interest in each Class of Certificates beneficially owned by the Master
Servicer or the Special Servicer or an Affiliate of the Master Servicer or the Special Servicer, and (iii) describes in reasonable
detail the action that the Master Servicer or the Special Servicer proposes to take. The Certificate Administrator, upon receipt
of such notice, shall forward it to the Certificateholders (other than the Master Servicer and its Affiliates or the Special Servicer
and its Affiliates, as appropriate) together with such instructions for response as the Certificate Administrator shall reasonably
determine. If at any time Certificateholders holding greater than 50% of the Voting Rights of all Certificateholders (calculated
without regard to the Certificates beneficially owned by the Master Servicer or its Affiliates or the Special Servicer or its
Affiliates) and any affected Serviced Companion Loan Holder shall have consented in writing to the proposal described in the written
notice, and if the Master Servicer or the Special Servicer shall act as proposed in the written notice, such action shall be deemed
to comply with the Servicing Standard. The Certificate Administrator shall be entitled to reimbursement from the Master Servicer
or the Special Servicer, as applicable, of the reasonable expenses of the Certificate Administrator incurred pursuant to this
paragraph. It is not the intent of the foregoing provision that the Master Servicer or the Special Servicer be permitted to invoke
the procedure set forth herein with respect to routine servicing matters arising hereunder, except in the case of unusual circumstances.

 

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Section
6.07 Rating Agency Fees. The Depositor shall pay (or cause to be paid) the annual fees of each Rating Agency including,
but not limited to, surveillance fees.

 

Section
6.08    Termination of the Special Servicer.

 

(a)          (i)            With respect to any Serviced Loan or Serviced Loan Combination, the applicable Directing Holder shall be entitled to terminate
the rights (subject to Section 3.12, Section 6.03, Section 6.08(b) and Section 6.08(g) of this Agreement)
and obligations of the Special Servicer under this Agreement with respect to such Serviced Loan or Serviced Loan Combination,
as applicable, with or without cause, upon ten (10) Business Days’ notice to the Special Servicer, the Master Servicer,
the Certificate Administrator and the Trustee and, in the case of a termination of the Special Servicer with respect to a Serviced
Loan Combination, the related Companion Loan Holder(s); provided that, if the Controlling Class Representative is the applicable
Directing Holder and it elects to effect such a termination, it shall do so with respect to all of the Serviced Loans as to which
it is the applicable Directing Holder.

 

Upon
a termination (pursuant to the first paragraph of this Section 6.08(a)) or a resignation (pursuant to Section 6.04(b)
of this Agreement) of the Special Servicer with respect to any Serviced Loan(s) or Serviced Loan Combination, the applicable
Directing Holder shall appoint a successor Special Servicer with respect to such Serviced Loan(s) or the related Serviced Loan
Combination, as the case may be; provided, however, that (A) such successor shall meet the requirements set forth
in Section 7.02 of this Agreement, (B) the applicable Directing Holder shall (at no expense to the Trust) obtain and deliver
to the Certificate Administrator and the Trustee a Rating Agency Confirmation from each Rating Agency with respect to such proposed
successor acting as a Special Servicer and (C) in the case of the appointment of a successor Special Servicer with respect to
a Serviced Loan Combination, the applicable Directing Holder shall (at no expense to the Trust or any related Other Securitization
Trust) obtain and deliver to the certificate administrator (if any) and the trustee for each related Other Securitization Trust
(with a copy to the Certificate Administrator and the Trustee) a Companion Loan Rating Agency Confirmation with respect to such
proposed successor acting as a Special Servicer for each related Serviced Companion Loan.

 

(ii)
        The procedures for removing the Special Servicer (other than with respect to any Serviced Outside Controlled Loan Combination)
if a Control Termination Event has occurred and is continuing shall be as follows: Upon (A) the written direction of Holders of
Regular Certificates evidencing not less than 25% of the Voting Rights of the Regular Certificates requesting a vote to terminate
and replace the Special Servicer (with respect to all of the Serviced Loans other than any Serviced Outside Controlled Loan Combination)
with a proposed successor Special Servicer, (B) payment by such Holders to the Certificate Administrator of the reasonable fees
and expenses to be incurred by the Certificate Administrator in connection with administering such vote and (C) delivery by such
Holders to the Certificate Administrator and the Trustee of a Rating Agency Confirmation from each Rating Agency with respect
to the termination of the existing Special Servicer and the replacement thereof with the proposed successor (with the reasonable
fees and out-of-pocket costs and expenses associated with obtaining such Rating Agency Confirmation to be an expense of such Holders),
the Certificate Administrator shall promptly provide written notice of the requested vote to all

 

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Certificateholders
by posting such notice on its internet website and by mailing at their addresses appearing in the Certificate Register. Upon the
affirmative vote of (a) the Holders of Regular Certificates evidencing at least 66 2/3% of the Voting Rights allocable to the
Regular Certificates of those Holders that voted on such matter (provided that Holders representing the applicable Certificateholder
Quorum vote on the matter) or (b) the Holders of Non-Reduced Certificates evidencing more than 50% of the Voting Rights allocable
to each such Class of Non-Reduced Certificates, the Trustee shall terminate all of the rights (subject to Section 3.12,
Section 6.03 and Section 6.08(g) of this Agreement) and obligations of the Special Servicer under this Agreement
with respect to the applicable Serviced Loans (other than any Serviced Outside Controlled Loan Combination) and appoint the proposed
successor Special Servicer, and the proposed successor Special Servicer shall succeed to the duties of the Special Servicer with
respect to the Serviced Loans (other than any Serviced Outside Controlled Loan Combination) all as if a removal and replacement
were occurring pursuant to Section 7.01 and Section 7.02 of this Agreement; provided that if such affirmative
vote is not achieved within 180 days of the initial request for a vote to terminate and replace the Special Servicer, then such
vote shall have no force and effect. The provisions set forth in the foregoing sentences of this paragraph shall be binding upon
and inure to the benefit of solely the Certificateholders and the Trustee as between each other. The Special Servicer shall not
have any cause of action based upon or arising from any breach or alleged breach of such provisions. As between the Special Servicer,
on the one hand, and the Certificateholders, on the other, the Certificateholders shall be entitled in their sole discretion to
vote for the termination or not vote for the termination of the Special Servicer. The Certificate Administrator shall include
on each Distribution Date Statement a statement that each Certificateholder and Certificate Owner may access such notices on the
Certificate Administrator’s Website and each Certificateholder and Certificate Owner may register to receive email notifications
when such notices are posted on the Certificate Administrator’s Website. Any such appointment of a successor Special Servicer
with respect to the Serviced Loans (other than any Serviced Outside Controlled Loan Combination) based on a Certificateholder
vote shall be subject to the receipt of a Rating Agency Confirmation. The Certificate Administrator shall be entitled to reimbursement
from the requesting Certificateholders for the reasonable expenses of posting notices of such requests.

 

(b)          (i)            At any time after the occurrence and during the continuance of a Consultation Termination Event, with respect to the Serviced
Loans, if the Operating Advisor determines, in its sole discretion exercised in good faith, that (1) the Special Servicer has
failed to comply with the Servicing Standard and (2) a replacement of the Special Servicer would be in the best interest of the
Certificateholders and the Uncertificated VRR Interest Owners (as a collective whole), the Operating Advisor shall deliver to
the Trustee and the Certificate Administrator, with a copy to the Special Servicer, a written recommendation in the form of Exhibit
T attached hereto (which form may be modified or supplemented from time to time to cure any ambiguity or error or to incorporate
any additional information, subject to compliance of such form with the terms and provisions of this Agreement, provided
that in no event shall the information or any other content included in such written recommendation contravene any provision of
this Agreement) detailing the reasons supporting its position (along with relevant information justifying its recommendation),
recommending a replacement special servicer with respect to the applicable Serviced Loan(s) or Serviced Loan Combination(s), meeting
the applicable requirements of this

 

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Agreement,
which recommended special servicer has agreed to succeed the then-current applicable Special Servicer if appointed in accordance
herewith, and requesting a vote on whether the existing Special Servicer should be replaced with respect to the applicable Serviced
Loan(s) or Serviced Loan Combination(s). In any such event, the Certificate Administrator shall promptly post a copy of such recommendation
on the Certificate Administrator’s Website and by mail send notice of such recommendation to all Certificateholders, asking
them to vote whether they wish to remove the Special Servicer with respect to the applicable Serviced Loans or Serviced Loan Combination.
Upon (A) the affirmative vote of the Holders of Certificates evidencing at least a majority of the aggregate outstanding principal
balance of the Certificates of those Holders that voted on the matter (provided that Holders representing the applicable
Certificateholder Quorum vote on the matter within 180 days of the initial request for a vote (which, for the avoidance of doubt,
is the date on the which the aforementioned notice was mailed to the Certificateholders)) and (B) receipt of Rating Agency Confirmation
from each Rating Agency by the Certificate Administrator following satisfaction of the foregoing clause (A), the Trustee shall
(x) terminate all of the rights (subject to Section 3.12, Section 6.03 and Section 6.08(g) of this Agreement)
and obligations of the Special Servicer under this Agreement with respect to the applicable Serviced Loan(s) or Serviced Loan
Combination(s), (y) appoint the recommended successor Special Servicer with respect to the applicable Serviced Loan(s) or Serviced
Loan Combination(s) and (z) promptly notify such outgoing Special Servicer of the effective date of such termination. The reasonable
fees and out-of-pocket costs and expenses associated with obtaining such Rating Agency Confirmation and administering such vote
shall be an Additional Trust Fund Expense payable out of collections on the Mortgage Loans. If such affirmative vote of the Holders
of the required Certificates contemplated by clause (A) of the second preceding sentence is not achieved within 180 days of the
initial request for such vote (which, for the avoidance of doubt, is the date on the which the aforementioned notice was mailed
to the Certificateholders), then the Trustee shall have no obligation to remove the Special Servicer and such recommendation shall
lapse and have no force or effect. Prior to the appointment of any replacement special servicer, such replacement special servicer
shall have agreed to succeed to the obligations of the Special Servicer under this Agreement with respect to the applicable Serviced
Loan(s) or Serviced Loan Combination(s), as applicable, and to act as the Special Servicer’s successor hereunder.

 

(ii)
         No penalty or fee shall be payable to the terminated Special Servicer with respect to any termination pursuant to this Section
6.08(b). If the entity acting as Special Servicer is terminated pursuant to this Section 6.08(b), then (notwithstanding
anything herein to the contrary) the terminated party may not subsequently be re-appointed as the Special Servicer hereunder with
respect to the Serviced Loan(s) or Serviced Loan Combination(s), as applicable, as to which it was terminated pursuant to this
Section 6.08(b), any other section of this Agreement or any Co-Lender Agreement.

 

(c)          In
no event may a successor Special Servicer be a current or former Operating Advisor or Asset Representations Reviewer or any Affiliate
of such current or former Operating Advisor or Asset Representations Reviewer. Further, such successor must be a Person that (i)
satisfies all of the eligibility requirements applicable to special servicers contained in this Agreement and, in the case of
a Serviced Loan Combination, in the related Co-Lender Agreement, (ii) is not obligated or allowed to pay the Operating Advisor
(x) any fees or otherwise compensate the Operating Advisor in respect of its obligations under this Agreement or (y) for the appointment

 

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of
the successor Special Servicer or the recommendation by the Operating Advisor for the replacement Special Servicer to become the
Special Servicer, (iii) is not entitled to waive any compensation from the Operating Advisor and (iv) is not entitled to receive
any fee from the Operating Advisor for its appointment as successor Special Servicer, in each case, unless expressly approved
by 100% of the Certificateholders.

 

(d)          The appointment of any such successor Special Servicer shall not relieve the Master Servicer or the Trustee of their respective
obligations to make Advances as set forth herein; provided, however, the initial Special Servicer specified in Section
3.21(a) of this Agreement shall not be liable for any actions or any inaction of such successor Special Servicer. Any termination
fee payable to the terminated Special Servicer and any costs incurred by the Trust or the terminated Special Servicer in connection
with the replacement of a Special Servicer shall be paid by the Controlling Class Representative, the Certificateholders or the
Serviced Companion Loan Holder so terminating the Special Servicer and shall not in any event be an expense of the Trust Fund.

 

(e)          No termination of the Special Servicer and appointment of a successor Special Servicer shall be effective until (i) the successor
Special Servicer shall have executed and delivered to the Trustee and the Certificate Administrator an agreement which contains
an assumption by such Person of the due and punctual performance and observance of each covenant and condition to be performed
or observed by the Special Servicer under this Agreement from and after the date of such agreement, (ii) the Depositor and, if
applicable, each related Other Depositor shall have received the written notice and information with respect to the successor
Special Servicer as set forth in Section 10.02(a) and (iii) subject to Section 12.13 of this Agreement, each Rating
Agency has delivered to the Trustee and the Certificate Administrator a Rating Agency Confirmation and, if required pursuant to
Section 6.08(a), each Companion Loan Rating Agency has delivered to the Trustee and the Certificate Administrator and their
respective counterparts with respect to the Other Securitization Trust a Companion Loan Rating Agency Confirmation, in each case
with respect to such termination and appointment of a successor.

 

(f)           Any successor Special Servicer shall be deemed to make the representations and warranties provided for in Section 2.06(a)
of this Agreement mutatis mutandis as of the date of its succession.

 

(g)          In the event that the Special Servicer is terminated pursuant to this Section 6.08, the Trustee shall, by notice in writing
to the Special Servicer, terminate all of its rights and obligations under this Agreement and in and to the applicable Mortgage
Loan(s) and/or Serviced Loan Combinations and the proceeds thereof, other than any rights the Special Servicer may have hereunder
as a Certificateholder and any rights or obligations that accrued prior to the date of such termination or that survive termination
(including, without limitation, the right to receive all amounts accrued or owing to it under this Agreement, plus interest at
the Advance Rate on such amounts until received to the extent such amounts bear interest as provided in this Agreement, with respect
to periods prior to the date of such termination and the right to the benefits of Section 6.03 of this Agreement and the
right to receive ongoing Workout Fees in accordance with the terms hereof).

 

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(h)          If (1) a replacement special servicer is appointed with respect to a Serviced Loan Combination or any related REO Property in
accordance with Article VII or this Section 6.08 or (2) an Excluded Mortgage Loan Special Servicer is appointed
with respect to an Excluded Special Servicer Mortgage Loan, there may be additional parties acting as Special Servicer hereunder.
Accordingly, unless the context clearly requires otherwise: (i) when used in the context of imposing duties and obligations on
the Special Servicer hereunder or the performance of such duties and obligations, the term “Special Servicer” shall
mean (A) the applicable Loan Combination Special Servicer, insofar as such duties and obligations relate to the subject Serviced
Loan Combination or any related REO Property, (B) the applicable Excluded Mortgage Loan Special Servicer, insofar as such duties
and obligations relate to the subject Excluded Special Servicer Mortgage Loan or any related REO Property and (C) the General
Special Servicer, in all other cases (provided, that in Section 3.15 and Article VII of this Agreement, the term
“Special Servicer” shall mean each of the Loan Combination Special Servicers, the Excluded Mortgage Loan Special Servicers
(if any) and the General Special Servicer); (ii) when used in the context of identifying the recipient of any information, funds,
documents, instruments and/or other items, the term “Special Servicer” shall mean (A) the applicable Loan Combination
Special Servicer, insofar as such information, funds, documents, instruments and/or other items relate to the subject Serviced
Loan Combination or any related REO Property, (B) the applicable Excluded Mortgage Loan Special Servicer, insofar as such information,
funds, documents, instruments and/or other items relate to the subject Excluded Special Servicer Mortgage Loan or any related
REO Property and (C) the General Special Servicer, in all other cases; (iii) when used in the context of granting the Special
Servicer the right to purchase all of the Mortgage Loans and all other property held by the Trust Fund pursuant to Section
9.01 of this Agreement, the term “Special Servicer” shall mean the General Special Servicer only; (iv) when used
in the context of the Special Servicer being replaced pursuant to this Section 6.08 by the applicable Directing Holder
or the applicable Certificateholders, the term “Special Servicer” shall mean the General Special Servicer, the applicable
Loan Combination Special Servicer or the applicable Excluded Mortgage Loan Special Servicer, as applicable; (v) when used in the
context of granting the Special Servicer any protections, limitations on liability, immunities and/or indemnities hereunder, the
term “Special Servicer” shall mean each of the Loan Combination Special Servicers, the Excluded Mortgage Loan Special
Servicers (if any) and the General Special Servicer; and (vi) when used in the context of requiring indemnification from, imposing
liability on, or exercising any remedies against, the Special Servicer for any breach of a representation, warranty or covenant
hereunder or for any negligence, bad faith or willful misconduct in the performance of duties and obligations hereunder or any
negligent disregard of such duties and obligations or otherwise holding the Special Servicer responsible for any of the foregoing,
the term “Special Servicer” shall mean the applicable Loan Combination Special Servicer, the applicable Excluded Mortgage
Loan Special Servicer or the General Special Servicer, as applicable.

 

(i)           References in this Agreement to “General Special Servicer” mean the Person performing the duties and obligations of
special servicer with respect to the Mortgage Pool (exclusive of (A) any Serviced Loan Combination or related REO Property as
to which a different Loan Combination Special Servicer has been appointed with respect thereto and (B) any Excluded Special Servicer
Mortgage Loan or any related REO Property as to which an Excluded Mortgage Loan Special Servicer has been appointed with respect
thereto).

 

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(j)           Notwithstanding anything to the contrary contained in this Section 6.08, if the Special Servicer obtains knowledge that
it is, or has become, a Borrower Party with respect to any Mortgage Loan or Loan Combination, then the Special Servicer shall
resign in such capacity with respect to such Excluded Special Servicer Mortgage Loan. The applicable Directing Holder shall appoint
(and replace with or without cause) the Excluded Mortgage Loan Special Servicer, as successor to the resigning Special Servicer,
for the related Excluded Special Servicer Mortgage Loan in accordance with this Agreement. If an Excluded Special Servicer Mortgage
Loan is also an Excluded Mortgage Loan, the largest Controlling Class Certificateholder (by Certificate Balance) that is not an
Excluded Controlling Class Holder shall be entitled to appoint (and replace with or without cause) the Excluded Mortgage Loan
Special Servicer for the related Excluded Special Servicer Mortgage Loan in accordance with this Agreement. If a Control Termination
Event has occurred and is continuing, neither the Controlling Class Representative nor any other Controlling Class Certificateholder
shall be entitled to remove or replace the Special Servicer with respect to any Excluded Special Servicer Mortgage Loan. If a
Control Termination Event has occurred and is continuing but prior to the occurrence and continuance of a Consultation Termination
Event, the largest Controlling Class Certificateholder that is not an Excluded Controlling Class Holder shall have the right to
appoint the Excluded Mortgage Loan Special Servicer. If there is no applicable Directing Holder entitled to appoint an Excluded
Mortgage Loan Special Servicer for an Excluded Special Servicer Mortgage Loan (or if there is an applicable Directing Holder so
entitled but it has not appointed a replacement special servicer for the related Excluded Special Servicer Mortgage within 30
days), then the Certificate Administrator shall provide written notice to the resigning Special Servicer that such Excluded Mortgage
Loan Special Servicer has not been appointed and such resigning Special Servicer shall use reasonable efforts to appoint such
Excluded Mortgage Loan Special Servicer. In the event that the resigning Special Servicer is required to appoint an Excluded Mortgage
Loan Special Servicer, the resigning Special Servicer shall not have any liability for the actions of the newly appointed Excluded
Mortgage Loan Special Servicer, and absent willful misconduct, bad faith, fraud or negligence on the part of such resigning Special
Servicer, the resigning Special Servicer and its directors, members, managers, officers, employees and agents shall be entitled
to be indemnified by the Trust against any and all losses or liability incurred in connection with any legal action resulting
from the actions of the Excluded Mortgage Loan Special Servicer. It shall be a condition to the appointment of any such Excluded
Mortgage Loan Special Servicer that (i) such Excluded Mortgage Loan Special Servicer has delivered a Rating Agency Confirmation
with respect such appointment to the Certificate Administrator and the Trustee and, if the related Excluded Special Servicer Mortgage
Loan is part of a Serviced Loan Combination, a Companion Loan Rating Agency Confirmation with respect to such appointment to the
certificate administrator (if any) and the trustee for each related Other Securitization Trust (with a copy to the Certificate
Administrator and the Trustee), (ii) such Excluded Mortgage Loan Special Servicer satisfies all of the eligibility requirements
applicable to the Special Servicer set forth in this Agreement and (iii) such Excluded Mortgage Loan Special Servicer delivers
to the Depositor (and the Certificate Administrator) and any applicable Other Depositor (and any applicable Other Exchange Act
Reporting Party), the information, if any, required under Item 6.02 of Form 8-K pursuant to the Exchange Act regarding itself
in its role as Excluded Mortgage Loan Special Servicer.

 

If
at any time the Person that had acted as the Special Servicer for any Mortgage Loan or Loan Combination prior to such Mortgage
Loan or Loan Combination, as the case may be, becoming an Excluded Special Servicer Mortgage Loan is no longer a Borrower Party

 

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(including,
without limitation, as a result of the related Mortgaged Property becoming REO Property or an assumption of the Excluded Special
Servicer Mortgage Loan) with respect to such Mortgage Loan or Loan Combination, as the case may be, (1) the related Excluded Mortgage
Loan Special Servicer shall resign, (2) such Mortgage Loan or Loan Combination, as the case may be, shall no longer be an Excluded
Special Servicer Mortgage Loan, (3) such original Special Servicer shall become the Special Servicer again for such Mortgage Loan
or Loan Combination, as the case may be, and (4) such original Special Servicer shall be entitled to all Special Servicing Compensation
and Additional Special Servicing Compensation with respect to such Mortgage Loan or Loan Combination, as the case may be, earned
during such time on and after such Mortgage Loan or Loan Combination, as the case may be, is no longer an Excluded Special Servicer
Mortgage Loan.

 

The
Excluded Mortgage Loan Special Servicer shall perform all of the obligations of the Special Servicer for the related
Excluded Special Servicer Mortgage Loan and will be entitled to all Special Servicing Compensation and Additional Special
Servicing Compensation with respect to such Excluded Special Servicer Mortgage Loan earned after its appointment as the
Excluded Mortgage Loan Special Servicer and during such time as the related Mortgage Loan or Loan Combination is an Excluded
Special Servicer Mortgage Loan (provided that the Special Servicer shall remain entitled to all Special Servicing
Compensation and Additional Special Servicing Compensation with respect to the Mortgage Loans and Serviced Loan Combinations
that are not Excluded Special Servicer Mortgage Loans during such time).

 

Notwithstanding
anything to the contrary in this Section 6.08(j), in the case of any Serviced Outside Controlled Loan Combination, the
related Outside Controlling Note Holder will have the right to appoint an Excluded Mortgage Loan Special Servicer.

 

(k)           If a Servicing Officer of the Master Servicer, a related Excluded Mortgage Loan Special Servicer, or the Special Servicer, as
applicable, has actual knowledge that a Mortgage Loan is no longer an Excluded Mortgage Loan, an Excluded Controlling Class Mortgage
Loan or an Excluded Special Servicer Mortgage Loan, as applicable, the Master Servicer, the related Excluded Mortgage Loan Special
Servicer or Special Servicer, as applicable, shall provide prompt written notice thereof to each of the other parties to this
Agreement.

 

Section
6.09 The Directing Holder, the Controlling Class Representative and the Risk Retention Consultation Parties.

 

(a)
         The applicable Directing Holder shall be entitled to advise (1) the Special
Servicer, with respect to the applicable Serviced Loan(s) that are Specially Serviced Loan(s) and (2)     
the Special Servicer, with respect to the applicable Serviced Loan(s) that are Performing Serviced Loan(s), as to all Major Decisions,
in each case as set forth in this Section 6.09. With respect to any Outside Serviced Mortgage Loan, the Controlling Class
Representative shall be entitled to exercise consultation and, to the extent provided in Section 3.01(i), consent rights
(if any) and attend annual meetings with the related Outside Servicer and the related Outside Special Servicer, in each case,
to the extent the holder of such Outside Serviced Mortgage Loan is entitled to such rights pursuant to the related Co-Lender Agreement.

 

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In
addition, except as set forth in, and in any event subject to, Section 6.09(b) and the subsequent paragraphs of this Section
6.09(a), (1) the Master Servicer shall not be permitted to take any of the actions constituting a Major Decision unless the
Master Servicer and the Special Servicer mutually agree that the Master Servicer shall take such action, subject to the consent
of the Special Servicer, who shall have 15 Business Days (or 60 days with respect to the determination of an Acceptable Insurance
Default) (from the date that the Special Servicer receives the information from the Master Servicer) to analyze and make a recommendation
regarding such Major Decision (provided that if the Special Servicer does not consent, or notify the Master Servicer that
it will not consent, to such Major Decision within the required 15 Business Days or 60 days, as applicable, the Special Servicer
shall be deemed to have consented to such Major Decision), and (2) the Special Servicer shall not be permitted to take,
or to consent to the Master Servicer’s taking, any of the actions constituting a Major Decision as to which the applicable
Directing Holder has objected in writing within ten (10) Business Days (or in the case of a determination of an Acceptable Insurance
Default, twenty (20) days (or, in the case of a Serviced Outside Controlled Loan Combination, such other period contemplated by
the related Co-Lender Agreement)) after receipt of the related Major Decision Reporting Package from the Special Servicer (provided
that if such written objection has not been received by the Special Servicer within such ten (10) Business Day period or twenty
(20) day period (or, in the case of a Serviced Outside Controlled Loan Combination, such other period contemplated by the related
Co-Lender Agreement), as applicable, then such applicable Directing Holder will be deemed to have approved such action).

 

Furthermore,
any applicable Directing Holder (in the case of an Outside Controlling Note Holder, to the extent provided in the related Co-Lender
Agreement) may direct the Special Servicer to take, or to refrain from taking, such other actions with respect to any Serviced
Loan as such party may reasonably deem advisable or as to which provision is otherwise made herein.

 

In
addition, prior to taking, or consenting to the Master Servicer’s taking of, any Major Decision, the Special Servicer shall
consult (on a non-binding basis) with any applicable Consulting Parties (including, with respect to the Operating Advisor when
it is an applicable Consulting Party under the circumstances set forth in Section 3.29 and, with respect to the Risk Retention
Consultation Parties under the circumstances set forth in the third following paragraph and, with respect to a Serviced Companion
Loan Holder, under the circumstances contemplated by the related Co-Lender Agreement) in connection with any Major Decision with
respect to a Serviced Mortgage Loan or Serviced Loan Combination and consider alternative actions recommended by such Consulting
Parties, but, in the case of the Controlling Class Representative when it is a Consulting Party, only to the extent such consultation
with, or consent of, the Controlling Class Representative would have been required prior to the occurrence and continuance of
a Control Termination Event; provided that each such consultation is not binding on the Special Servicer; and provided,
further, that the Controlling Class Representative (when it is an applicable Consulting Party) may consult regarding a
Serviced Outside Controlled Loan Combination only if and to the extent that the holder of the related Split Mortgage Loan is granted
consultation rights under the related Co-Lender Agreement; and provided, further, that, with respect to any matter
for which consultation with the Controlling Class Representative is required and no response from the Controlling Class Representative
is received within ten (10) Business Days following the later of (i) the Controlling Class Representative’s receipt of written
request for input on such consultation and (ii) the Controlling Class Representative’s receipt of all reasonably

 

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requested
information and all information required to be delivered to the Controlling Class Representative under this Agreement with respect
to such consultation, the Master Servicer or the Special Servicer, as applicable, shall not be obligated to consult with the Controlling
Class Representative on the specific matter; provided, however, that the failure of Controlling Class Representative
to respond will not relieve the Master Servicer or the Special Servicer, as applicable, from using reasonable efforts to consult
with Controlling Class Representative on any future matters with respect to the applicable Serviced Mortgage Loan or Serviced
Loan Combination or any other Serviced Mortgage Loan. For the avoidance of doubt, with respect to any Serviced Outside Controlled
Loan Combination (which, for the avoidance of doubt, shall include, without limitation, any Servicing Shift Loan Combination prior
to the related Servicing Shift Date), the Special Servicer shall be responsible for obtaining any consent or deemed consent of
the related Outside Controlling Note Holder for “Major Decisions” (as such term or any analogous term is defined in
the related Co-Lender Agreement) to the extent such consent is required under this Agreement or under the terms of the related
Co-Lender Agreement. The Special Servicer shall provide all information reasonably requested by any applicable Consulting Party
and in the Special Servicer’s possession that is necessary in order for such Consulting Party to exercise its consultation rights
set forth in the first sentence of this paragraph.

 

Each
Consulting Party shall have consultation rights with respect to such Mortgage Loans and/or Serviced Loan Combinations and at such
times and/or under such circumstances as contemplated by the definition of “Consulting Party”.

 

With
respect to a Servicing Shift Loan Combination that is a Serviced Outside Controlled Loan Combination, prior to the related Servicing
Shift Date, no request for approval of the Controlling Class Representative shall be made on any matter related to such Servicing
Shift Loan Combination, except that the Controlling Class Representative (prior to the occurrence and continuance of a Consultation
Termination Event and only if the related Servicing Shift Mortgage Loan is not an Excluded Mortgage Loan) may exercise the consultation
rights, if any, of the holder of the related Servicing Shift Mortgage Loan with respect to Major Decisions and any proposed sale
of such Servicing Shift Mortgage Loan set forth in the applicable Co-Lender Agreement. In addition, the Operating Advisor (when
it is an applicable Consulting Party) will be entitled, while a Servicing Shift Mortgage Loan is serviced hereunder, to consult
on a non-binding basis with the Special Servicer and propose alternative courses of action and provide other feedback in respect
of any Major Decisions and any proposed sale of such Servicing Shift Mortgage Loan.

 

With
respect to each Major Decision regarding a Serviced Loan as to which any applicable Directing Holder has consent or consultation
rights pursuant to this Section 6.09, the Special Servicer shall provide the related Major Decision Reporting Package to
the applicable Directing Holder, simultaneously with the Special Servicer’s request for the applicable Directing Holder’s
consent or input regarding the related Major Decision. With respect to each Major Decision regarding a Serviced Loan as to which
any Risk Retention Consultation Party has consultation rights pursuant to this Section 6.09, the Special Servicer shall
provide the related Major Decision Reporting Package to such Risk Retention Consultation Party, simultaneously with the Special
Servicer’s request for such Risk Retention Consultation Party’s input regarding the related Major Decision. The Special
Servicer shall provide each Major Decision Reporting Package to the Operating Advisor: (i) prior to the occurrence and continuance
of a Control Termination Event and with respect to any Specially Serviced Loan, promptly after the Special

 

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Servicer
receives the Directing Holder’s approval or deemed approval of such Major Decision Reporting Package; and (ii) following
the occurrence and continuance of a Control Termination Event and with respect to any Serviced Loan, simultaneously with the Special
Servicer’s written request for the Operating Advisor’s input regarding the related Major Decision. With respect to
any particular Major Decision and related Major Decision Reporting Package provided to the Operating Advisor pursuant to this
Section 6.09(a), the Special Servicer shall make available to the Operating Advisor one or more Servicing Officers with
relevant knowledge regarding the applicable Mortgage Loan and such Major Decision in order to address reasonable questions that
the Operating Advisor may have relating to, among other things, such Major Decision and potential conflicts of interest and compensation
with respect to such Major Decision.

 

In
addition, (i) for so long as no Consultation Termination Event is continuing, with respect to any Specially Serviced Loan (other
than any Outside Serviced Mortgage Loan or any Excluded RRCP Mortgage Loan with respect to the applicable Risk Retention Consultation
Party), and (ii) during the continuance of a Consultation Termination Event, with respect to any Mortgage Loan (other than any
Outside Serviced Mortgage Loan or any Excluded RRCP Mortgage Loan with respect to the applicable Risk Retention Consultation Party),
the Master Servicer and the Special Servicer shall consult with each Risk Retention Consultation Party on a non-binding basis
in connection with any Major Decision that it is processing (and such other matters that are subject to the non-binding consultation
rights of such Risk Retention Consultation Party pursuant to this Agreement which, for the avoidance of doubt, shall include the
matters set forth in Sections 3.09, 3.17(m), 3.24, 7.02 and this Section 6.09 and in the definition
of “Acceptable Insurance Default”) and to consider alternative actions recommended by such Risk Retention Consultation
Party in respect of such Major Decision (or any other matter requiring consultation with such Risk Retention Consultation Party
pursuant to this Agreement); provided that in the event the Master Servicer or the Special Servicer, as applicable, receives
no response from a Risk Retention Consultation Party within 10 days following (a) in the case of the Master Servicer, the Master
Servicer’s delivery of information in its possession reasonably requested by such Risk Retention Consultation Party or (b)
in the case of the Special Servicer, the Special Servicer’s delivery of the related Major Decision Reporting Package, the
Master Servicer or the Special Servicer, as applicable, shall not be obligated to consult with such Risk Retention Consultation
Party on the specific matter (provided, however, that the failure of such Risk Retention Consultation Party to respond
will not relieve the Master Servicer or the Special Servicer, as applicable, from using reasonable efforts to consult with such
Risk Retention Consultation Party on any future matters with respect to the applicable Serviced Mortgage Loan or Serviced Loan
Combination or any other Serviced Mortgage Loan). For the avoidance of doubt, (x) no Risk Retention Consulting Party shall have
any consultation rights with respect to any related Excluded RRCP Mortgage Loan and (y)     any consultation
with any Risk Retention Consultation Party under this Agreement shall be on a strictly non-binding basis and shall be subject
to all limitations with respect to the procedures and timing for such consultation set forth in this Section 6.09.

 

Notwithstanding
anything in this Agreement to the contrary, in the event that the Special Servicer or Master Servicer (in the event the Master
Servicer is otherwise authorized by this Agreement to take such action), as applicable, determines that immediate action, with
respect to a Major Decision, or any other matter requiring consent of, or consultation with, any applicable Directing Holder or
consultation with any applicable Consulting Party, is necessary to protect the interests of the Certificateholders, the Uncertificated
VRR Interest Owners and, with respect to

 

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any
Serviced Loan Combination, the related Serviced Companion Loan Holder(s) (as a collective whole as if such Certificateholders,
the Uncertificated VRR Interest Owners and, with respect to any Serviced Loan Combination, the related Serviced Companion Loan
Holder(s) constituted a single lender (and, with respect to a Serviced AB Loan Combination, taking into account the subordinate
nature of the related Subordinate Companion Loan(s))), the Special Servicer or Master Servicer, as applicable, may take any such
action without waiting for the applicable Directing Holder’s (or, if applicable, the Special Servicer’s) or any Consulting
Party’s, as applicable, response.

 

Also
notwithstanding anything in this Agreement to the contrary, no direction, objection, advice or consultation on the part of any
applicable Directing Holder, and no advice or consultation from any applicable Consulting Party, contemplated by this Agreement,
may require or cause the Master Servicer or the Special Servicer to violate the terms of any Mortgage Loan or Serviced Loan Combination,
any provision of any related Loan Documents, any related Co-Lender Agreement, any intercreditor agreement, applicable law, this
Agreement or the REMIC Provisions, including without limitation each of the Master Servicer’s and the Special Servicer’s
obligation to act in accordance with the Servicing Standard, or expose any Certificateholder, any Uncertificated VRR Interest
Owner, the Trust Fund, any Mortgage Loan Seller (other than with respect to enforcing the rights and remedies against such Mortgage
Loan Seller pursuant to this Agreement or the related Mortgage Loan Purchase Agreement with respect to any Material Defect) or
any party to this Agreement or their respective Affiliates, officers, directors, employees or agents to any claim, suit or liability,
or cause any Trust REMIC to fail to qualify as a REMIC or the Grantor Trust to fail to qualify as a grantor trust for federal
income tax purposes, or result in the imposition of a “prohibited transaction” or “prohibited contribution”
tax under the REMIC Provisions, or materially expand the scope of the Master Servicer’s or the Special Servicer’s
responsibilities under this Agreement or any Co-Lender Agreement or cause the Master Servicer or the Special Servicer to act,
or fail to act, in a manner that is not in the best interests of the Certificateholders, the Uncertificated VRR Interest Owners
and/or the Serviced Companion Loan Holders.

 

In
the event the Special Servicer or Master Servicer, as applicable, determines that a refusal to consent by any applicable Directing
Holder or any advice from any applicable Directing Holder or Consulting Party would otherwise cause the Special Servicer or Master
Servicer, as applicable, to violate the terms of any Loan Documents, any related Co-Lender Agreement or mezzanine intercreditor
agreement, applicable law, the REMIC Provisions or this Agreement, including without limitation, the Servicing Standard, the Special
Servicer or Master Servicer, as applicable, shall disregard such refusal to consent or advice and notify in writing the applicable
Directing Holder, the applicable Consulting Parties, the Trustee and, for posting to the Rule 17g-5 Information Provider’s
Website pursuant to Section 12.13 of this Agreement, the Rule 17g-5 Information Provider of its determination, including
a reasonably detailed explanation of the basis therefor. The taking of, or refraining from taking, any action by the Master Servicer
or Special Servicer in accordance with the direction of or approval of any applicable Directing Holder or the recommendation of
any applicable Consulting Party that does not violate the terms of any Loan Documents, any related Co-Lender Agreement or mezzanine
intercreditor agreement, any law, the REMIC Provisions or the Servicing Standard or any other provisions of this Agreement, will
not result in any liability on the part of the Master Servicer or the Special Servicer.

 

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For
so long as no Control Termination Event has occurred and is continuing, the Controlling Class Representative shall be entitled,
with respect to each Outside Serviced Mortgage Loan other than any Excluded Mortgage Loan, to exercise the consent or approval
rights set forth in Section 3.01(i) of this Agreement; and for so long as no Consultation Termination Event has occurred
and is continuing, the Controlling Class Representative shall be entitled, with respect to each Outside Serviced Mortgage Loan
other than any Excluded Mortgage Loan, to exercise any consultation rights permitted under the related Co-Lender Agreement in
respect of “Major Decisions” (or any analogous concept) and the implementation of “Asset Status Reports”
(or any analogous concept) under, and within the meaning of, the applicable Outside Servicing Agreement and attend an annual meeting
with the related Outside Servicer and the related Outside Special Servicer, in each case, to the extent the holder of such Outside
Serviced Mortgage Loan is entitled to such rights pursuant to the related Co-Lender Agreement.

 

A
Directing Holder will have no liability to the Trust Fund, the Certificateholders or the Uncertificated VRR Interest Owners for
any action taken, or for refraining from the taking of any action, pursuant to this Agreement, or for error in judgment; provided,
however, that the Controlling Class Representative will not be protected against any liability to any Controlling Class
Certificateholder that would otherwise be imposed by reason of willful misfeasance, bad faith or negligence in the performance
of duties or by reason of negligent disregard of obligations or duties.

 

The
Risk Retention Consultation Parties shall have no liability to the Trust Fund, any party to this Agreement, any Certificateholders
or any Uncertificated VRR Interest Owners for any action taken, or for refraining from the taking of any action, pursuant to this
Agreement, or for errors in judgment.

 

Each
Uncertificated VRR Interest Owner and, by its acceptance of a Certificate, each Certificateholder acknowledges and agrees that:
(i) a Directing Holder may have special relationships and interests that conflict with those of Holders of one or more Classes
of Certificates or the Uncertificated VRR Interest Owners; (ii) a Directing Holder may act solely in its own interests (or, in
the case of the Controlling Class Representative, in the interests of the Holders of the Controlling Class); (iii) a Directing
Holder does not have any liability or duties to the Holders of any Class of Certificates or the Uncertificated VRR Interest Owners
(other than, in the case of the Controlling Class Representative, the Controlling Class); (iv) a Directing Holder may take actions
that favor its own interests (or in the case of the Controlling Class Representative, the interests of the Holders of the Controlling
Class) over the interests of the Holders of one or more other Classes of Certificates or the Uncertificated VRR Interest Owners;
and (v) a Directing Holder shall have no liability whatsoever (other than, in the case of the Controlling Class Representative,
to a Controlling Class Certificateholder) for having so acted as set forth in clauses (i) through (iv) of this paragraph, and
that no Certificateholder or Uncertificated VRR Interest Owner may take any action whatsoever against any Directing Holder or
any affiliate, director, officer, employee, shareholder, member, partner, agent or principal thereof for having so acted; provided,
however, that the rights of a Directing Holder are subject to any related mezzanine intercreditor agreement.

 

(b)
         Notwithstanding anything to the contrary contained herein:

 

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(i)             after the occurrence and during the continuance of a Control Termination Event, the Controlling Class Representative shall have
no right to consent to any action taken or not taken by any party to this Agreement;

 

(ii)            after the occurrence and during the continuance of a Control Termination Event, but prior to the occurrence and continuance of
a Consultation Termination Event, the Controlling Class Representative shall remain entitled to receive any notices, reports or
information to which it is entitled pursuant to this Agreement with respect to the applicable Serviced Loan(s) (other than any
Excluded Mortgage Loan), and the Master Servicer, Special Servicer and any other applicable party shall consult with the Controlling
Class Representative in connection with any action to be taken or refrained from taking with respect to the applicable Serviced
Loan(s) (other than any Excluded Mortgage Loan), but only to the extent consultation with, or consent of, the Controlling Class
Representative would have been required under such circumstances prior to the occurrence and continuance of such Control Termination
Event; provided, however, that the Controlling Class Representative shall not be permitted to consult with respect
to any Serviced AB Loan Combination while any related Subordinate Companion Loan Holder is the related Outside Controlling Note
Holder;

 

(iii)           after the occurrence and during the continuance of a Consultation Termination Event, the Controlling Class Representative shall
have no consultation or consent rights hereunder and no right to receive any notices, reports or information (other than notices,
reports or information required to be delivered to all Certificateholders) or any other rights as a Directing Holder or a Consulting
Party; provided that each Controlling Class Certificateholder shall maintain the right to exercise Voting Rights for the same
purposes as any other Certificateholder under this Agreement (other than with respect to Excluded Controlling Class Mortgage Loans);
and

 

(iv)          no Person may exercise any of the rights and powers of the Controlling Class Representative with respect to an Excluded Mortgage
Loan.

 

(c)           Notwithstanding anything to the contrary herein, neither the Master Servicer nor the Special Servicer shall take or refrain from
taking any action pursuant to instructions, directions, objections, advice or consultation from any applicable Directing Holder,
any applicable Consulting Party or a Serviced Companion Loan Holder (or its Companion Loan Holder Representative) that would cause
any one of them to violate applicable law, the terms of any Mortgage Loan or Serviced Loan Combination, the related Loan Documents,
this Agreement, including the Servicing Standard, the related Co-Lender Agreement, any related intercreditor agreement, or the
REMIC Provisions or that would (i) expose any Certificateholder, any Uncertificated VRR Interest Owner, the Trust Fund, any Mortgage
Loan Seller (other than with respect to enforcing the rights and remedies against such Mortgage Loan Seller pursuant to this Agreement
or the related Mortgage Loan Purchase Agreement with respect to any Material Defect) or any party to this Agreement or their respective
Affiliates, officers, directors, employees or agents to any claim, suit or liability, (ii) materially expand the scope of the
Master Servicer’s or the Special Servicer’s responsibilities under this Agreement or any Co-Lender Agreement, (iii)
cause any Trust REMIC to fail to qualify as a REMIC or the Grantor Trust to fail to qualify as a grantor trust for federal income
tax purposes, or result in the imposition of a “prohibited

 

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transaction”
or “prohibited contribution” tax under the REMIC Provisions, or (iv) cause the Master Servicer or the Special Servicer
to act, or fail to act, in a manner that in the reasonable judgment of the Master Servicer or the Special Servicer, as the case
may be, is not in the best interests of the Certificateholders and/or the Serviced Companion Loan Holders.

 

(d)           Each Certificateholder and Certificate Owner of a Control Eligible Certificate is hereby deemed to have agreed by virtue of its
purchase of such Certificate (or beneficial ownership interest in such Certificate) to provide its name and address to the Certificate
Administrator and to notify the Certificate Administrator, in writing, of the transfer of any Control Eligible Certificate (or
the beneficial ownership of any Control Eligible Certificate), the selection of a Controlling Class Representative or the resignation
or removal of the Controlling Class Representative. Any such Certificateholder (or Certificate Owner) or its designee at any time
appointed Controlling Class Representative is hereby deemed to have agreed by virtue of its purchase of a Control Eligible Certificate
(or the beneficial ownership interest in a Control Eligible Certificate) to notify the Certificate Administrator in writing when
such Certificateholder (or Certificate Owner) or designee is appointed Controlling Class Representative, and when it is removed
or resigns. Upon receipt of any of the notices referred to in the preceding two sentences of this Section 6.09(d), the
Certificate Administrator shall promptly notify, in writing, the Special Servicer, the Master Servicer, the Operating Advisor,
the Asset Representations Reviewer and the Trustee of the identity of the Controlling Class Representative, any resignation or
removal of the Controlling Class Representative and/or any new Holder or Certificate Owner of a Control Eligible Certificate.
In addition, upon the request of the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer
or the Trustee, as applicable, the Certificate Administrator shall provide (on a reasonably prompt basis) the identity of the
then-current Controlling Class and a list of the related Certificateholders (or Certificate Owners, if applicable, at the expense
of the Trust if such expense arises in connection with an event as to which the Controlling Class Representative or the Controlling
Class has consent or consultation rights pursuant to this Agreement or in connection with a request made by the Operating Advisor
in connection with its obligation under Section 3.29(e) of this Agreement to deliver a copy of the Operating Advisor Annual
Report to the Controlling Class Representative and otherwise at the expense of the requesting party) of the Controlling Class
to such requesting party, and each of the Master Servicer, Special Servicer, Operating Advisor, the Asset Representations Reviewer
and the Trustee shall be entitled to rely on the information so provided by the Certificate Administrator.

 

In
the event of a change in the Controlling Class, the Certificate Administrator shall promptly contact the current Holder(s) (or,
in the case of book-entry Certificates, Certificate Owners) of the Controlling Class (or any designee(s) thereof) or, if known
to the Certificate Administrator, one of its affiliates or, if applicable, any successor Controlling Class Representative or Controlling
Class Certificateholder(s), and determine whether any such entity is the Holder (or Certificate Owner) of at least a majority
of the Controlling Class (in effect after such change in Controlling Class) by Certificate Balance. If at any time the current
Holder of the Controlling Class (or its designee) or, if known to the Certificate Administrator, one of its respective Affiliates,
or any successor Controlling Class Representative or Controlling Class Certificateholder(s) is no longer the Holder (or Certificate
Owner) of at least a majority of the Controlling Class by Certificate Balance, and the Certificate Administrator has neither (i)
received notice of the then-current Controlling Class Certificateholders of at least a majority of the Controlling Class by Certificate
Balance nor (ii) received notice of a replacement Controlling Class Representative or

 

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pursuant
to this Agreement, then a Control Termination Event and a Consultation Termination Event shall be deemed to have occurred with
respect to the related Serviced Loans or Serviced Loan Combination and shall be deemed to continue until such time as the Certificate
Administrator receives any such notice in clauses (i) or (ii).

 

Upon
receipt of notice of a change in Controlling Class Representative or any Risk Retention Consultation Party, the Certificate Administrator
shall promptly forward notice thereof to each other party to this Agreement.

 

On
the Closing Date, the initial Controlling Class Representative shall deliver (which delivery may be by electronic mail) a certification
substantially in the form of Exhibit M-1H to this Agreement to the Certificate Administrator (who shall promptly forward
such certification to the Master Servicer, the Special Servicer, the Trustee and the Operating Advisor). Upon the resignation
or removal of the existing Controlling Class Representative, any successor Controlling Class Representative shall also deliver
a certification substantially in the form of Exhibit M-1H to this Agreement to the Certificate Administrator (who shall
promptly forward such certification to the Master Servicer, the Special Servicer, the Trustee and the Operating Advisor) prior
to being recognized as the new Controlling Class Representative.

 

(e)           Once a Controlling Class Representative has been selected, each of the Master Servicer, the Special Servicer, the Operating Advisor,
the Depositor, the Certificate Administrator, the Asset Representations Reviewer, the Trustee and each other Certificateholder
(or Certificate Owner, if applicable) and each Uncertificated VRR Interest Owner shall be entitled to rely on such selection unless
a majority of the Certificateholders of the Controlling Class, by Certificate Balance, or such Controlling Class Representative
shall have notified the Certificate Administrator, the Master Servicer and each other Certificateholder of the Controlling Class,
in writing, of the resignation of such Controlling Class Representative or the selection of a new Controlling Class Representative.
Upon receipt of written notice of, or other knowledge of, the resignation of a Controlling Class Representative, the Certificate
Administrator shall request the Certificateholders of the Controlling Class to select a new Controlling Class Representative.

 

(f)            If at any time a book-entry certificate belongs to the Controlling Class, the Certificate Administrator shall notify the related
Certificate Owner or Certificate Owners (through the Depository, unless the Certificate Administrator shall have been previously
provided with the name and address of such Certificate Owner or Certificate Owners) of such event and shall request that it be
informed of any change in the identity of the related Certificate Owner from time to time.

 

(g)           Until it receives notice to the contrary, each of the Master Servicer, the Special Servicer, the Operating Advisor, the Depositor
and the Trustee and the Certificate Administrator shall be entitled to rely on the most recent notification with respect to the
identity of the Certificateholders of the Controlling Class and the Controlling Class Representative.

 

(h)           Notwithstanding anything to the contrary contained herein, at any time when the Class F Certificates are the Controlling Class,
the Holder of more than 50% of the Controlling Class (by Certificate Balance) may waive its right to act as or appoint a Controlling
Class Representative and to exercise any of the rights of the Controlling Class Representative or cause the exercise of any of
the rights of the Controlling Class Representative set forth in this

 

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Agreement,
by irrevocable written notice delivered to the Depositor, Certificate Administrator, Trustee, Master Servicer, Special Servicer
and Operating Advisor (any such Holder or group of affiliated Holders that makes such an election, the “Opting-Out Party”).
Whenever such waiver by an Opting-Out Party is in effect, (1) a Control Termination Event and a Consultation Termination Event
shall be deemed to have occurred and be continuing; and (2) the rights of the holder of more than 50% of the Class F Certificates
(by Certificate Balance), if the Class F Certificates are the Controlling Class, to act as or appoint a Controlling Class Representative
and the rights of a Controlling Class Representative will not be operative (notwithstanding whether a Control Termination Event
or a Consultation Termination Event is or would otherwise then be in effect). Any such waiver shall remain effective with respect
to such Holder and such Class until such time as either (x) the Class F Certificates are no longer the Controlling Class or (y)
the Opting-Out Party has (i) sold a majority of the Class F Certificates (by Certificate Balance) to an unaffiliated third party
and (ii) certified to the Depositor, Certificate Administrator, Trustee, Master Servicer, Special Servicer and Operating Advisor
that (a) the Opting-Out Party retains no direct or indirect Voting Rights with respect to the Class F Certificates that it transferred,
(b) there is no voting agreement between the Opting-Out Party and the transferee and (c) the Opting-Out Party retains no direct
or indirect economic interest in the Class F Certificates that it transferred (such sale and certification, a “Class
F Transfer”). Following any such Class F Transfer, and if the Class F Certificates are still the Controlling Class,
the successor holder of more than 50% of the Controlling Class (by Certificate Balance) shall again have the right to act as or
appoint a Controlling Class Representative as set forth herein without regard to any prior waiver by the predecessor Certificateholder.
Such successor Certificateholder shall also have the right as provided in this Section 6.09(h) to irrevocably waive its
right to act as or appoint a Controlling Class Representative or, subject to any such limitations set forth in this Agreement
(including by reason of a Control Termination Event or a Consultation Termination Event otherwise existing), to exercise any of
the rights of the Controlling Class Representative or to cause the exercise of any of the rights of the Controlling Class Representative
as set forth in this Agreement. No successor Certificateholder described above in this paragraph shall have any consent rights
with respect to any Serviced Mortgage Loan that became a Specially Serviced Loan prior to the Class F Transfer and had not also
become a Corrected Loan prior to such Class F Transfer until such Serviced Mortgage Loan becomes a Corrected Loan.

 

(i)             CREFI and GSMC shall be the initial Risk Retention Consultation Parties and shall, in each case, remain so until a successor is
appointed pursuant to the terms of this Agreement. Upon the resignation or removal of any existing Risk Retention Consultation
Party, any successor Risk Retention Consultation Party shall deliver to the parties to this Agreement a certification substantially
in the form of Exhibit M-1I to this Agreement prior to being recognized as a new Risk Retention Consultation Party. The
parties hereto shall be entitled to assume that a Risk Retention Consultation Party has not changed absent such notice.

 

(j)             Once a Risk Retention Consultation Party has been selected, each of the Master Servicer, the Special Servicer, the Depositor,
the Trustee, the Certificate Administrator, the Operating Advisor and each other Certificateholder (or Certificate Owner, if applicable)
shall be entitled to rely on such selection unless CREFI (in the case of the VRR1 Risk Retention Consultation Party) or GSMC (in
the case of the VRR2 Risk Retention Consultation Party), as applicable, or such Risk Retention Consultation Party itself shall
have notified the Master Servicer, the Special Servicer, the Trustee, the Certificate Administrator, the Operating Advisor and
each

 

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other
Holder of Class VRR Certificates, in writing, of the selection of a new Risk Retention Consultation Party (along with contact
information for such new Risk Retention Consultation Party).

 

(k)           In the event that no VRR1 Risk Retention Consultation Party or VRR2 Risk Retention Consultation Party, as applicable, has been
appointed or identified to the Master Servicer or the Special Servicer, as applicable, and the Master Servicer or the Special
Servicer, as applicable, has attempted to obtain such information from the Certificate Administrator and no such entity has been
identified (along with contact information) to the Master Servicer or the Special Servicer, as applicable, then until such time
as the related new Risk Retention Consultation Party is identified, the Master Servicer or the Special Servicer, as applicable,
shall have no duty to consult with, or provide notice to, any such Risk Retention Consultation Party as the case may be.

 

(l)            Each Uncertificated VRR Interest Owner and, by its acceptance of a Certificate, each Certificateholder acknowledges and agrees
that: (i) each Risk Retention Consultation Party may have special relationships and interests that conflict with those of Holders
of one or more Classes of Certificates or one or more Uncertificated VRR Interest Owner(s); (ii) each Risk Retention Consultation
Party may act solely in the interests of the Holders of the Class VRR Certificates or the applicable Uncertificated VRR Interest
Owner; (iii) each Risk Retention Consultation Party does not have any liability or duties to the Holders of any other Class of
Certificates; (iv) each Risk Retention Consultation Party may take actions that favor interests of the applicable Uncertificated
VRR Interest Owner or the Holders of one or more Classes, including the Class VRR Certificates, over the interests of the Holders
of one or more other Classes of Certificates or any other Uncertificated VRR Interest Owner; and (v) each Risk Retention Consultation
Party shall have no liability whatsoever for having so acted as set forth in clauses (i) through (iv) above, and no Certificateholder
or Uncertificated VRR Interest Owner may take any action whatsoever against any Risk Retention Consultation Party or any director,
officer, employee, agent or principal of such Risk Retention Consultation Party for having so acted.

 

ARTICLE
VII

 

DEFAULT

 

Section
7.01 Servicer Termination Events.

 

(a)            “Servicer Termination Event,” wherever used herein, means any one of the following events:

 

(i)             (A) any failure by the Master Servicer to make any deposit or payment required to be made by the Master Servicer to the Collection
Account or Loan Combination Custodial Account or to any Serviced Companion Loan Holder on the day and by the time such deposit
or remittance is required to be made under the terms of this Agreement, which failure is not remedied within one (1) Business
Day or (B) any failure by the Master Servicer to deposit into, or remit to the Certificate Administrator for deposit into, the
Distribution Account or the Excess Interest Distribution Account any amount required to be so deposited or remitted, which failure
is not remedied by 11:00 a.m. (New York City time) on the relevant Distribution Date; or

 

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(ii)            any failure by the Special Servicer to deposit into any REO Account, within two (2) Business Days after such deposit is required
to be made or to remit to the Master Servicer for deposit into the Collection Account or the Loan Combination Custodial Account,
as applicable, any amount required to be so deposited or remitted by the Special Servicer pursuant to, and within one (1) Business
Day after the time specified by, the terms of this Agreement; or

 

(iii)           any failure on the part of the Master Servicer or the Special Servicer, as applicable, duly to observe or perform in any material
respect any of its other covenants or obligations contained in this Agreement which continues unremedied for a period of 30 days
(10 days in the case of the Master Servicer’s failure to make a Property Advance or 20 days in the case of a failure to
pay the premium for any insurance policy required to be maintained under this Agreement or such shorter period (not less than
two (2) Business Days) as may be required to avoid the commencement of foreclosure proceedings for unpaid real estate taxes or
the lapse of insurance, as applicable) after the date on which written notice of such failure, requiring the same to be remedied,
shall have been given to the Master Servicer or the Special Servicer, as the case may be, by any other party hereto, or to the
Master Servicer or the Special Servicer, as the case may be, with a copy to each other party to this Agreement, by the Holders
of Certificates of any Class evidencing, as to such Class, not less than 25% of the Voting Rights allocable thereto, or, if affected
thereby, by a Serviced Companion Loan Holder; provided, however, if any such failure with a 30-day cure period is
capable of being cured and the Master Servicer or Special Servicer, as applicable, is diligently pursuing such cure, such 30-day
period will be extended an additional 60 days (provided that the Master Servicer, or Special Servicer, as applicable, has
commenced to cure such failure within the initial 30-day period and has certified that it has diligently pursued, and is continuing
to pursue, a full cure); or

 

(iv)           any breach on the part of the Master Servicer or the Special Servicer of any representation or warranty contained in this Agreement,
which materially and adversely affects the interests of any Class of Certificateholders, the Uncertificated VRR Interest Owners
or any Serviced Companion Loan Holder and which continues unremedied for a period of 30 days after the date on which notice of
such breach, requiring the same to be remedied, has been given to the Master Servicer or the Special Servicer, as the case may
be, by the Depositor, the Certificate Administrator or the Trustee, or to the Master Servicer, the Special Servicer, the Depositor,
the Certificate Administrator and the Trustee by the Holders of Certificates entitled to not less than 25% of the Voting Rights
or, if affected thereby, by a Serviced Companion Loan Holder; provided, however, if such breach is capable of being
cured and the Master Servicer or the Special Servicer, as applicable, is diligently pursuing such cure, such 30-day period will
be extended an additional 60 days (provided that the Master Servicer, or Special Servicer, as applicable, has commenced
to cure such failure within the initial 30-day period and has certified that it has diligently pursued, and is continuing to pursue,
a full cure); or

 

(v)           a decree or order of a court or agency or supervisory authority having jurisdiction in the premises in an involuntary case under
any present or future federal or state bankruptcy, insolvency or similar law for the appointment of a conservator, receiver, liquidator,
trustee or similar official in any bankruptcy, insolvency, readjustment

 

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of
debt, marshaling of assets and liabilities or similar proceedings, or for the winding-up or liquidation of its affairs, shall
have been entered against the Master Servicer or the Special Servicer, as applicable, and such decree or order shall have remained
in force undischarged, undismissed or unstayed for a period of 60 days; or

 

(vi)          the Master Servicer or the Special Servicer, as applicable, shall consent to the appointment of a conservator, receiver, liquidator,
trustee or similar official in any bankruptcy, insolvency, readjustment of debt, marshaling of assets and liabilities or similar
proceedings of or relating to the Master Servicer or the Special Servicer or of or relating to all or substantially all of its
property; or

 

(vii)         the Master Servicer or the Special Servicer, as applicable, shall admit in writing its inability to pay its debts generally as
they become due, file a petition to take advantage of any applicable bankruptcy, insolvency or reorganization statute, make an
assignment for the benefit of its creditors, voluntarily suspend payment of its obligations or take any corporate action in furtherance
of the foregoing; or

 

(viii)        either of Moody’s or DBRS Morningstar (or, in the case of Serviced Companion Loan Securities, any Companion Loan Rating
Agency) has (A) qualified, downgraded or withdrawn its rating or ratings of one or more Classes of Certificates or one or more
classes of Serviced Companion Loan Securities, or (B) placed one or more Classes of Certificates or one or more classes of Serviced
Companion Loan Securities on “watch status” in contemplation of a rating downgrade or withdrawal and, in the case
of either of clauses (A) or (B), publicly citing servicing concerns with the Master Servicer or the Special Servicer, as applicable,
as the sole or material factor in such rating action (and such qualification, downgrade, withdrawal or “watch status”
placement has not been withdrawn by such Rating Agency (or, in the case of Serviced Companion Loan Securities, any Companion Loan
Rating Agency), within 60 days of such event);

 

(ix)           with respect to the Master Servicer, the Master Servicer ceases to have a commercial master servicer rating of at least “CMS3”
from Fitch and that rating is not reinstated within 60 days or, with respect to the Special Servicer, the Special Servicer ceases
to have a commercial special servicer rating of at least “CSS3” from Fitch and that rating is not reinstated within
60 days, as the case may be; or

 

(x)            the Master Servicer or the Special Servicer, as applicable, or any primary servicer or Sub-Servicer appointed by the Master Servicer
or the Special Servicer, as applicable, after the Closing Date (but excluding any Sub-Servicer set forth on Exhibit S),
shall (A) for so long as the Trust is subject to the reporting requirements of Regulation AB or the Exchange Act, fail to deliver
the items required to be delivered by this Agreement after any applicable notice and cure period to enable the Certificate Administrator
or Depositor to comply with the reporting obligations of the Trust under the Exchange Act or (B) for so long as any Other Securitization
Trust is subject to the reporting requirements of Regulation AB or the Exchange Act, fail to deliver any Exchange Act reporting
items required to be delivered by such servicer to the related Other Depositor or related Other Exchange Act Reporting Party pursuant
to Article X of this Agreement, in the case of each of clauses (A) and (B), within (a) with respect to the delivery of any item

 

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relating
to a Reportable Event, two (2) Business Days of such failure to comply with Article X or (b) with respect to the delivery
of any other item, five (5) Business Days of such failure to comply with Article X (any primary servicer or Sub-Servicer
that defaults in accordance with this Section 7.01(a)(x) shall be terminated at the direction of the Depositor).

 

If
a Servicer Termination Event with respect to the Master Servicer or the Special Servicer shall occur and be continuing, then,
and in each and every such case, so long as such Servicer Termination Event shall not have been remedied, either (i) the Trustee
may or (ii) upon the written direction to the Trustee from (x) the Holders of Certificates evidencing at least 25% of the Voting
Rights of all Certificates or (y) an affected Serviced Companion Loan Holder (but, subject to the next sentence, solely in the
case of the related Serviced Loan Combination and a Servicer Termination Event with respect to the Special Servicer), then the
Trustee shall, terminate the Master Servicer or the Special Servicer, as applicable. Notwithstanding anything to the contrary,
it shall not be a Servicer Termination Event with respect to the pool of Mortgage Loans under clauses (i), (ii), (iii), (iv),
(viii) or (ix) above if the failure, default or event only has an adverse effect on a Serviced Companion Loan, a Serviced Companion
Loan Holder or a rating on any Serviced Companion Loan Securities, but shall be a Servicer Termination Event with respect to the
related Serviced Companion Loan and any related Serviced Companion Loan Holder shall: (i) in the case of any such failure,
default or event on the part of the Master Servicer, have the remedies set forth in Section 7.01(d) with respect to the
Servicer Termination Event with respect to the related Serviced Companion Loan; and (ii) with respect to any such failure, default
or event on the part of the Special Servicer, be able to require termination of the Special Servicer with respect to, but only
with respect to, the related Serviced Loan Combination.

 

In
the event that the Master Servicer is also the Special Servicer and the Master Servicer is terminated as provided in this Section
7.01, the Master Servicer shall also be terminated as Special Servicer.

 

(b)           If
the Master Servicer receives notice of termination under Section 7.01(c) solely due to a Servicer Termination Event under
Section 7.01(a)(viii) or Section 7.01(a)(ix) and if the Master Servicer to be terminated pursuant to Section
7.01(c) provides the Trustee with the appropriate “request for proposal” materials within five (5) Business Days
following such termination notice, then the Master Servicer shall continue to service as Master Servicer hereunder until a successor
Master Servicer is selected in accordance with this Section 7.01(b). Upon receipt of the “request for proposal”
materials, Trustee shall promptly thereafter (using such “request for proposal” materials provided by the Master Servicer
pursuant to Section 7.01(c)) solicit good faith bids for the rights to service the Mortgage Loans and the Serviced Loan
Combinations under this Agreement from at least three (3) Persons qualified to act as a successor Master Servicer hereunder in
accordance with Section 6.04 (any such Person so qualified, a “Qualified Bidder”) or, if three (3)    
Qualified Bidders cannot be located, then from as many persons as the Trustee can determine are Qualified Bidders; provided
that, the Master Servicer shall supply the Trustee with the names of Persons from whom to solicit such bids; and provided,
further, that the Trustee shall not be responsible if less than three (3) or no Qualified Bidders submit bids for the right
to service the Mortgage Loans and Serviced Loan Combinations under this Agreement. The bid proposal shall require any Successful
Bidder (as defined below), as a condition of such bid, to enter into this Agreement as successor Master Servicer, and to agree
to be bound by the terms hereof, within 45

 

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days
after the notice of termination of the Master Servicer. The Trustee shall select the Qualified Bidder with the highest cash bid
(the “Successful Bidder”) to act as successor Master Servicer hereunder; provided, however, that
if the Trustee does not receive a Rating Agency Confirmation from each Rating Agency within 10 days after the selection of such
Successful Bidder, then the Trustee shall repeat the bid process described above (but subject to the above-described 45-day time
period) until such confirmation is obtained. The Trustee shall request the Successful Bidder to enter into this Agreement as successor
Master Servicer pursuant to the terms hereof no later than 45 days after notice of the termination of the Master Servicer.

 

Upon
the assignment and acceptance of master servicing rights hereunder (subject to the terms of Section 3.12 of this Agreement)
to and by the Successful Bidder, the Trustee shall remit or cause to be remitted to the Master Servicer to be terminated pursuant
to Section 7.01(c) of this Agreement, the amount of such cash bid received from the Successful Bidder (net of “out-of-pocket”
expenses incurred in connection with obtaining such bid and transferring servicing).

 

The
Master Servicer to be terminated pursuant to Section 7.01(c) of this Agreement shall be responsible for all out-of-pocket
expenses incurred in connection with the attempt to sell its rights to service the Mortgage Loans and the Serviced Loan Combinations,
which expenses are not reimbursed to the party that incurred such expenses pursuant to the preceding paragraph.

 

If
the Successful Bidder has not entered into this Agreement as successor Master Servicer within the above-described time period
or no Successful Bidder was identified within the above-described time period, the Master Servicer to be terminated pursuant to
Section 7.01(c) shall reimburse the Trustee for all reasonable “out-of-pocket” expenses incurred by the Trustee
in connection with such bid process and the Trustee shall have no further obligations under this Section 7.01(b). The Trustee
thereafter may act or may select a successor to act as Master Servicer hereunder in accordance with Section 7.02.

 

(c)           In the event that the Master Servicer or the Special Servicer is terminated pursuant to this Section 7.01, the Trustee
shall, by notice in writing to the Master Servicer or the Special Servicer, as the case may be (the “Terminated Party”),
terminate all of its rights and obligations under this Agreement and in and to the Mortgage Loans and Serviced Loan Combinations
and the proceeds thereof, other than any rights the Master Servicer or Special Servicer may have hereunder as a Certificateholder
and any rights or obligations that accrued prior to the date of such termination or that survive such termination (including the
right to receive all amounts accrued or owing to it under this Agreement, plus interest at the Advance Rate on such amounts until
received to the extent such amounts bear interest as provided in this Agreement, with respect to periods prior to the date of
such termination and the right to the benefits of Section 6.03 and subsection (b) above notwithstanding any such
termination). On or after the receipt by the Terminated Party of such written notice, all of its authority and power under this
Agreement, whether with respect to the Certificates (except that the Terminated Party shall retain its rights as a Certificateholder
in the event and to the extent that it is a Certificateholder) or the Mortgage Loans and Serviced Loan Combinations or otherwise,
shall pass to and be vested in the Trustee pursuant to and under this Section and, without limitation, the Trustee is hereby authorized
and empowered to execute and deliver, on behalf of and at the expense of the Terminated Party,

 

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as
attorney-in-fact or otherwise, any and all documents and other instruments, and to do or accomplish all other acts or things necessary
or appropriate to effect the purposes of such notice of termination, whether to complete the transfer and endorsement or assignment
of the Mortgage Loans and Serviced Loan Combinations and related documents, or otherwise. The Master Servicer and the Special
Servicer each agrees that, in the event it is terminated pursuant to this Section 7.01, to promptly (and in any event no
later than ten Business Days subsequent to such notice) provide, at its own expense, the Trustee (or the successor Master Servicer
selected by the Trustee pursuant to Section 7.01(b) of this Agreement or the successor Master Servicer or Special Servicer,
as applicable, otherwise appointed pursuant to Section 7.02 of this Agreement) with all documents and records requested
by the Trustee (or the successor Master Servicer selected by the Trustee pursuant to Section 7.01(b) of this Agreement
or the successor Master Servicer or Special Servicer, as applicable, otherwise appointed pursuant to Section 7.02 of this
Agreement) to enable the Trustee or other successor to its responsibilities hereunder to assume its functions hereunder, and to
cooperate with the Trustee and the successor to its responsibilities hereunder in effecting the termination and transfer of its
responsibilities and rights hereunder, including, without limitation, the transfer to the successor Master Servicer or successor
Special Servicer or the Trustee, as applicable, for administration by it of all cash amounts which shall at the time be or should
have been credited by the Master Servicer or the Special Servicer to the Collection Account, any Loan Combination Custodial Account,
any REO Account or Lock-Box Account shall thereafter be received with respect to the Mortgage Loans and Serviced Loan Combinations,
and shall promptly provide the Trustee or such successor Master Servicer or Special Servicer (which may include the Trustee),
as applicable, all documents and records reasonably requested by it, such documents and records to be provided in such form as
the Trustee or such successor Master Servicer or Special Servicer shall reasonably request (including electromagnetic form), to
enable it to assume the Master Servicer’s or Special Servicer’s function hereunder. All reasonable costs and expenses
actually incurred by the Trustee, the Certificate Administrator or the successor Master Servicer or successor Special Servicer
in connection with transferring Mortgage Files, Servicing Files and related information, records and reports to the successor
Master Servicer or Special Servicer and amending this Agreement to reflect (as well as providing appropriate notices to Mortgagors,
ground lessors, insurers and other applicable third parties regarding) such succession as successor Master Servicer or successor
Special Servicer pursuant to this Section 7.01 shall be paid by the predecessor Master Servicer or the Special Servicer,
as applicable, upon presentation of reasonable documentation of such costs and expenses. If the predecessor Master Servicer or
Special Servicer (as the case may be) has not reimbursed the Trustee, the Certificate Administrator or the successor Master Servicer
or Special Servicer for such expenses within 90 days after the presentation of reasonable documentation, such expense shall be
reimbursed by the Trust Fund; provided that the Terminated Party shall not thereby be relieved of its liability for such
expenses.

 

(d)           Notwithstanding Section 7.01(a) and Section 7.01(c), if (1) any Servicer Termination Event on the part of the Master
Servicer affects a Serviced Companion Loan, the related Serviced Companion Loan Holder or the rating on a class of the related
Serviced Companion Loan Securities and the Master Servicer is not otherwise terminated in accordance with Section 7.01(c),
or (2) a Servicer Termination Event on the part of the Master Servicer occurs that affects only a Serviced Companion Loan, the
related Serviced Companion Loan Holder or the rating on a class of the related Serviced Companion Loan Securities, the Master
Servicer may not be terminated in accordance with Section 7.01(c), but, at the written direction of the related Serviced
Companion Loan Holder, the Master Servicer shall appoint, within 30 days of such

 

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direction,
a sub-servicer (or, if the related Serviced Loan Combination is currently being sub-serviced, to replace, within 30 days of such
direction, the then current sub-servicer with a new sub-servicer). In connection with the Master Servicer’s appointment
of any sub-servicer at the direction of a Serviced Companion Loan Holder in accordance with this Section 7.01(d), the Master
Servicer shall obtain a Rating Agency Confirmation from each Rating Agency. The related sub-servicing agreement shall provide
that any sub-servicer appointed by the Master Servicer at the direction of a Serviced Companion Loan Holder in accordance with
this Section 7.01(d) shall be responsible for all duties of the Master Servicer under this Agreement with respect to the
related Serviced Loan Combination. Such sub-servicing agreement (a) may be terminated without cause and without payment of any
fee and (b) shall also provide that such sub-servicer shall agree to become the master servicer under a separate servicing agreement
for the applicable Serviced Loan Combination in the event that such Serviced Loan Combination is no longer to be serviced and
administered hereunder, which separate servicing agreement shall contain servicing and administration, limitation of liability,
indemnification and servicing compensation provisions substantially similar to the corresponding provisions of this Agreement,
except for the fact that the applicable Serviced Loan Combination and the related Mortgaged Properties shall be the sole assets
serviced and administered thereunder and the sole source of funds thereunder. If any sub-servicer appointed by the Master Servicer
at the direction of a Serviced Companion Loan Holder in accordance with this Section 7.01(d) shall at any time resign or
be terminated, the Master Servicer shall be required to promptly appoint a substitute sub-servicer and obtain a Rating Agency
Confirmation. In the event a successor Master Servicer is acting hereunder and that successor Master Servicer desires to terminate
the sub-servicer appointed under this Section 7.01(d), the terminated Master Servicer that was responsible for the Servicer
Termination Event that led to the appointment of such sub-servicer shall be responsible for all costs incurred in connection with
such termination, including the payment of any termination fee.

 

(e)            If the Trustee, the Certificate Administrator, the Master Servicer or the Special Servicer has received written notice (which,
for the purposes of this clause (e), shall include any publications by Fitch, Moody’s or DBRS Morningstar of which the Trustee,
the Certificate Administrator or any Servicing Officer of the Master Servicer, as the case may be, has actual knowledge) from
Fitch, Moody’s or DBRS Morningstar that the Master Servicer or the Special Servicer no longer is an approved master servicer
or approved special servicer, as applicable, then such party shall promptly notify the others, and the Certificate Administrator
shall notify the related Serviced Companion Loan Holder, to the extent known to the Certificate Administrator, of the same.

 

Section
7.02 Trustee to Act; Appointment of Successor. On and after the time the Master Servicer or the Special Servicer receives
a notice of termination pursuant to Section 7.01, the Trustee shall, subject to the following provisions of this Section
7.02, be its successor in all respects in its capacity as Master Servicer or Special Servicer under this Agreement and the
transactions set forth or provided for herein and, except as provided herein, shall be subject to all the responsibilities, duties,
limitations on liability and liabilities relating thereto and arising thereafter placed on the Master Servicer or Special Servicer
by the terms and provisions hereof; provided, however, that (i) the Trustee shall have no responsibilities, duties,
liabilities or obligations with respect to any act or omission of the Master Servicer or Special Servicer and (ii) any failure
to perform, or delay in performing, such duties or responsibilities caused by the Terminated Party’s failure to provide,
or delay in providing, records, tapes, disks, information or moneys shall not be

 

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considered
a default by such successor hereunder. The Trustee, as successor Master Servicer or successor Special Servicer, shall be indemnified
to the full extent provided the Master Servicer or Special Servicer, as applicable, under this Agreement prior to the Master Servicer’s
or the Special Servicer’s termination. The appointment of a successor Master Servicer or successor Special Servicer shall
not affect any liability of the predecessor Master Servicer or Special Servicer which may have arisen prior to its termination
as Master Servicer or Special Servicer. The Trustee shall not be liable for any of the representations, liabilities or warranties
of the Master Servicer or Special Servicer herein or in any related document or agreement, for any acts or omissions of the predecessor
Master Servicer or predecessor Special Servicer or for any losses incurred in respect of any Permitted Investment by the Master
Servicer pursuant to Section 3.07 of this Agreement nor shall the Trustee be required to purchase any Mortgage Loan or
Serviced Loan Combination hereunder. As compensation therefor, the Trustee as successor Master Servicer or successor Special Servicer
shall be entitled to the Servicing Fee or Special Servicing Compensation, as applicable, and all funds relating to the Mortgage
Loans and Serviced Companion Loans that accrue after the date of the Trustee’s succession to which the Master Servicer or
Special Servicer would have been entitled if the Master Servicer or Special Servicer, as applicable, had continued to act hereunder.
In the event any Advances made by the Master Servicer and the Trustee shall at any time be outstanding, or any amounts of interest
thereon shall be accrued and unpaid, all amounts available to repay Advances and interest hereunder shall be applied entirely
to the Advances made by the Trustee (and the accrued and unpaid interest thereon), until such Advances and interest shall have
been repaid in full. Notwithstanding the above and subject to Section 6.08, the Trustee may, if it shall be unwilling to
so act, or shall, if it is unable to so act, or if the Holders of Certificates entitled to at least 25% of the Voting Rights so
request in writing to the Trustee, or if the Rating Agencies do not provide Rating Agency Confirmations with respect to the Trustee
so acting, promptly appoint, or petition a court of competent jurisdiction to appoint, any established mortgage loan servicing
institution for which a Rating Agency Confirmation from each Rating Agency has been obtained (at the expense of the terminated
Master Servicer or Special Servicer, as applicable, or, if the expense is not so recovered, at the expense of the Trust Fund),
as the successor to the Master Servicer or the Special Servicer, as applicable, hereunder in the assumption of all or any part
of the responsibilities, duties or liabilities of the Master Servicer or Special Servicer hereunder; provided that, the
applicable Directing Holder shall have the right to approve any successor Special Servicer with respect to any Serviced Loan or
Serviced Loan Combination. No appointment of a successor to the Master Servicer or Special Servicer hereunder shall be effective
until (i) the assumption by such successor of all the Master Servicer’s or Special Servicer’s responsibilities, duties
and liabilities hereunder and (ii) in the case of the appointment of a successor Special Servicer, the Depositor and, if applicable,
each related Other Depositor shall have received the written notice and information with respect to such successor Special Servicer
as set forth in Section 10.02(a). Pending appointment of a successor to the Master Servicer (or the Special Servicer if
the Special Servicer is also the Master Servicer) hereunder, unless the Trustee shall be prohibited by law from so acting, the
Trustee shall act in such capacity as herein above provided. Pending the appointment of a successor to the Special Servicer, unless
the Master Servicer is also the Special Servicer, the Master Servicer shall act in such capacity. In connection with such appointment
and assumption described herein, the Trustee may make such arrangements for the compensation of such successor out of payments
on Mortgage Loans and Serviced Companion Loans as it and such successor shall agree; provided, however, that no
such compensation shall be in excess of that permitted the Terminated Party hereunder; provided, further, that if
no successor to the Terminated Party can be

 

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obtained
to perform the obligations of such Terminated Party hereunder, additional amounts shall be paid to such successor and such amounts
in excess of that permitted the Terminated Party shall be treated as Realized Losses; and provided, further that,
the Trustee shall consult with any applicable Directing Holder and Consulting Party prior to the appointment of a successor to
the Terminated Party with respect to any Serviced Loan or Serviced Loan Combination at a servicing compensation in excess of that
permitted the Terminated Party. The Depositor, the Trustee, the Master Servicer or Special Servicer and such successor shall take
such action, consistent with this Agreement, as shall be necessary to effectuate any such succession.

 

If
the Trustee or an Affiliate acts pursuant to this Section 7.02 as successor to the terminated Master Servicer, it may reduce
the Excess Servicing Fee Rate to the extent that the Trustee’s or such Affiliate’s compensation as successor Master
Servicer would otherwise be below the market rate servicing compensation. If the Trustee elects to appoint a successor to the
terminated Master Servicer other than itself or an Affiliate pursuant to this Section 7.02, it may reduce the Excess Servicing
Fee Rate to the extent reasonably necessary (in the sole discretion of the Trustee) for the Trustee to appoint a qualified successor
Master Servicer that meets the requirements of this Section 7.02.

 

Section
7.03 Notification to Certificateholders.

 

(a)           Upon any termination pursuant to Section 7.01 above or appointment of a successor to the Master Servicer or the Special
Servicer, the Certificate Administrator shall give prompt written notice thereof to Certificateholders at their respective addresses
appearing in the Certificate Register, to the Uncertificated VRR Interest Owners, to the Serviced Companion Loan Holders, and
electronically, for posting to the Rule 17g-5 Information Provider’s Website pursuant to Section 12.13 of this Agreement,
to the Rule 17g-5 Information Provider.

 

(b)           Within 30 days after the occurrence of any Servicer Termination Event or Operating Advisor Termination Event of which a Responsible
Officer of the Certificate Administrator has actual knowledge, the Certificate Administrator shall transmit by mail to all Holders
of Certificates, the Uncertificated VRR Interest Owners and any affected Serviced Companion Loan Holder (to the extent the Certificate
Administrator has received the notice information for such Serviced Companion Loan Holder after a request therefor) and electronically,
for posting to the Rule 17g-5 Information Provider’s Website pursuant to Section 12.13 of this Agreement, to the
Rule 17g-5 Information Provider notice of such Servicer Termination Event or Operating Advisor Termination Event, unless such
Servicer Termination Event or Operating Advisor Termination Event shall have been cured or waived.

 

Section
7.04 Other Remedies of Trustee.During the continuance of any Servicer Termination Event, so long as such Servicer Termination
Event shall not have been remedied, the Trustee, in addition to the rights specified in Section 7.01, shall have the right, in
its own name as trustee of an express trust, to take all actions now or hereafter existing at law, in equity or by statute to
enforce its rights and remedies and to protect the interests, and enforce the rights and remedies, of the Certificateholders,
the Uncertificated VRR Interest Owners and the Serviced Companion Loan Holders (including the institution and prosecution of all
judicial, administrative and other proceedings and the filing of proofs of claim and debt in connection therewith). In such event,
the legal fees, expenses and costs of such action and any liability resulting therefrom shall be expenses,

 

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costs
and liabilities of the defaulting Master Servicer or Special Servicer, as applicable. If the Master Servicer or Special Servicer,
as applicable, fails to remedy, after the presentation of reasonable documentation, the Trustee shall be entitled to be reimbursed
for such expenses, costs and liability from the Collection Account or the Loan Combination Custodial Account, as applicable, as
provided in Section 3.06 and Section 3.06A of this Agreement; provided that the Master Servicer or the Special Servicer, as applicable,
shall not be relieved of such liability for such expenses, costs and liabilities. Except as otherwise expressly provided in this
Agreement, no remedy provided for by this Agreement shall be exclusive of any other remedy, and each and every remedy shall be
cumulative and in addition to any other remedy and no delay or omission to exercise any right or remedy shall impair any such
right or remedy or shall be deemed to be a waiver of any Servicer Termination Event of the Master Servicer or the Special Servicer. 

Section
7.05 Waiver of Past Servicer Termination Events and Operating Advisor Termination Events; Termination

 

The
Holders of Certificates evidencing not less than 66-2/3% of the Voting Rights of all Certificates (and, if such Servicer Termination
Event is on the part of a Special Servicer, with respect to a related Serviced Loan Combination only, by each affected Serviced
Companion Loan Holder) may, on behalf of all Holders of Certificates, waive any Servicer Termination Event on the part of the
Master Servicer, Special Servicer or any Operating Advisor Termination Event on the part of the Operating Advisor in the performance
of its obligations hereunder and its consequences, except a Servicer Termination Event in connection with making any required
deposits (including, with respect to the Master Servicer, P&I Advances) to or payments from the Collection Account, a Loan
Combination Custodial Account or the Lower-Tier REMIC Distribution Account or in remitting payments as received, in each case
in accordance with this Agreement. Upon any such waiver of a past default, such default shall cease to exist, and any Servicer
Termination Event or Operating Advisor Termination Event arising therefrom shall be deemed to have been remedied for every purpose
of this Agreement. No such waiver shall extend to any subsequent or other default or impair any right consequent thereon. Any
costs and expenses incurred by the Certificate Administrator in connection with such default and prior to such waiver shall be
reimbursed by the Master Servicer, the Special Servicer or the Operating Advisor, as applicable, promptly upon demand therefor
and if not reimbursed to the Certificate Administrator within 90 days of such demand, from the Trust Fund; provided that the Trust
Fund shall be reimbursed by the Master Servicer, the Special Servicer or the Operating Advisor, as applicable, to the extent such
amounts are reimbursed to the Certificate Administrator from the Trust Fund. Notwithstanding the foregoing, (a) a Servicer Termination
Event under any of Section 7.01(a)(i) and Section 7.01(a)(ii) of this Agreement may be waived only by all of the Certificateholders
of the affected Classes, and (b) a Servicer Termination Event under Section 7.01(a)(x) of this Agreement may be waived only with
the consent of the Depositor, together with (in the case of each of clauses (a) and (b) of this sentence) the consent of each
Serviced Companion Loan Holder, if any, that is affected by such Servicer Termination Event.

 

The
foregoing paragraph notwithstanding, if the Holders representing at least the requisite percentage of the Voting Rights allocated
to each affected Class of Certificates desire to waive a Servicer Termination Event by the Master Servicer, but a Serviced Companion
Loan Holder related to a Serviced Loan Combination (if adversely affected thereby) does not wish to waive that Servicer Termination
Event, then those Certificateholders may still waive that Servicer Termination Event, and the applicable Serviced Companion Loan
Holder will be entitled to require

 

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that
the Master Servicer appoint, within 60 days of the applicable Serviced Companion Loan Holder’s request, a sub-servicer (or,
if the applicable Serviced Loan Combination is currently being subserviced, to replace, within 60 days of the applicable Serviced
Companion Loan Holder’s request, the then current sub-servicer with a new sub-servicer) with respect to the applicable Serviced
Loan Combination. In connection with the Master Servicer’s appointment of a sub-servicer at the request of a Serviced Companion
Loan Holder in accordance with this Section 7.05, the Master Servicer shall obtain a Rating Agency Confirmation from each
Rating Agency at the expense of the Serviced Companion Loan Holder. The related sub-servicing agreement shall provide that any
sub-servicer appointed by the Master Servicer at the request of a Serviced Companion Loan Holder in accordance with this Section
7.05 shall be responsible for all duties of the Master Servicer under this Agreement with respect to the applicable Serviced
Loan Combination. Such Sub-Servicing Agreement (a) may be terminated without cause and without the payment of any fee and (b)
shall also provide that such sub-servicer shall become the master servicer under a separate servicing agreement for the applicable
Serviced Loan Combination in the event that the Serviced Loan Combination is no longer to be serviced and administered hereunder,
which separate servicing agreement shall contain servicing and administration, limitation of liability, indemnification and servicing
compensation provisions substantially similar to the corresponding provisions of this Agreement, except for the fact that the
applicable Serviced Loan Combination and the related Mortgaged Properties shall be the sole assets serviced and administered thereunder
and the sole source of funds thereunder. Such sub-servicer (a) may be terminated without cause and without the payment of any
fee and (b) shall meet the requirements of Section 3.01 of this Agreement. If any sub-servicer appointed by the Master
Servicer at the request of a Serviced Companion Loan Holder in accordance with this Section 7.05 shall at any time resign
or be terminated, the Master Servicer shall be required to promptly appoint a substitute sub-servicer with respect to which a
Rating Agency Confirmation has been obtained at the expense of the applicable resigning or terminated sub-servicer (and any applicable
Sub-Servicing Agreement shall so provide), and if the resigning or terminated sub-servicer fails to cover such expense, the Master
Servicer shall do so. In the event a successor Master Servicer is acting hereunder and that successor Master Servicer desires
to terminate the sub-servicer appointed under this Section 7.05, the terminated Master Servicer that was responsible for
the Servicer Termination Event that led to the appointment of such sub-servicer shall be responsible for all costs incurred in
connection with such termination, including the payment of any termination fee.

 

Section
7.06 Termination of the Operating Advisor.An “Operating Advisor Termination Event” means any one of
the following events whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment,
decree or order of any court or any order, rule or regulation of any administrative or governmental body:

 

(i)             any failure by the Operating Advisor to observe or perform in any material respect any of its covenants or agreements or the material
breach of its representations or warranties under this Agreement, which failure shall continue unremedied for a period of 30 days
after the date on which written notice of such failure shall have been given to the Operating Advisor by the Trustee or to the
Operating Advisor and the Trustee by the Holders of Certificates having greater than 25% of the Voting Rights of all then outstanding
Certificates; provided, however, that with respect to any such failure which is not curable within such 30-day period,
the Operating Advisor shall have an

 

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additional
cure period of thirty (30) days to effect such cure so long as it has commenced to cure such failure with the initial 30-day period
and has provided the Trustee and the Certificate Administrator with an Officer’s Certificate certifying that it has diligently
pursued, and is continuing to pursue, such cure;

 

(ii)            any failure by the Operating Advisor to perform its obligations set forth in this Agreement in accordance with the Operating Advisor
Standard which failure shall continue unremedied for a period of 30 days after the date on which written notice of such failure
is given to the Operating Advisor by any party to this Agreement;

 

(iii)           any failure by the Operating Advisor to be an Eligible Operating Advisor, which failure shall continue unremedied for a period
of 30 days following receipt of written notice by the Operating Advisor of such failure or the Operative Advisor obtaining actual
knowledge of such failure; provided that, in the event that Rule 7 of Regulation RR is applicable to this securitization
transaction, then such Operating Advisor Termination Event will occur without any requirement for such notice or actual knowledge,
and the references thereto above will be deemed inapplicable;

 

(iv)           a decree or order of a court or agency or supervisory authority having jurisdiction in the premises in an involuntary case under
any present or future federal or state bankruptcy, insolvency or similar law for the appointment of a conservator or receiver
or liquidator in any insolvency, readjustment of debt, marshaling of assets and liabilities or similar proceedings, or for the
winding-up or liquidation of its affairs, shall have been entered against the Operating Advisor, and such decree or order shall
have remained in force undischarged or unstayed for a period of 60 days;

 

(v)            the Operating Advisor shall consent to the appointment of a conservator or receiver or liquidator or liquidation committee in
any insolvency, readjustment of debt, marshaling of assets and liabilities, voluntary liquidation, or similar proceedings of or
relating to the Operating Advisor or of or relating to all or substantially all of its property; or

 

(vi)           the Operating Advisor shall admit in writing its inability to pay its debts generally as they become due, file a petition to take
advantage of any applicable insolvency or reorganization statute, make an assignment for the benefit of its creditors, or voluntarily
suspend payment of its obligations.

 

Upon
receipt by the Certificate Administrator of notice of the occurrence of any Operating Advisor Termination Event, the Certificate
Administrator shall promptly provide written notice to all Certificateholders and the Uncertificated VRR Interest Owners by posting
such notice on its internet website, unless the Certificate Administrator has received notice that it has been remedied. If an
Operating Advisor Termination Event shall occur then, and in each and every such case, so long as such Operating Advisor Termination
Event shall not have been remedied, then either (i) the Trustee may or (ii) upon the written direction of holders of Certificates
evidencing not less than 25% of the Voting Rights of each Class of Non-Reduced Certificates, the Trustee shall, terminate all
of the rights and obligations of the Operating Advisor under this Agreement, other than rights and obligations accrued prior to
such termination (including the right

 

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to
receive all amounts accrued and owing to it under this Agreement) and other than indemnification rights (arising out of events
occurring prior to such termination), by notice in writing to the Operating Advisor. Notwithstanding anything herein to the contrary,
the Depositor shall have the right, but not the obligation, to notify the Certificate Administrator and the Trustee of any Operating
Advisor Termination Event of which the Depositor becomes aware.

 

(b)           Upon (i) the written direction of Holders of Certificates evidencing not less than 15% of the Voting Rights of the Non-Reduced
Certificates requesting a vote to terminate and replace the Operating Advisor with a proposed successor Operating Advisor that
is an Eligible Operating Advisor and (ii) payment by such Holders to the Certificate Administrator of the reasonable fees and
expenses to be incurred by the Certificate Administrator in connection with administering such vote, the Certificate Administrator
shall promptly provide written notice of the requested vote to the Operating Advisor and to all Certificateholders by (i) posting
such notice on its internet website, and (ii) mailing such notice to all Certificateholders at their addresses appearing in the
Certificate Register and to the Operating Advisor. Upon the affirmative vote of the Holders of Certificates evidencing more than
50% of the Voting Rights allocable to the Non-Reduced Certificates of those Holders that exercise their right to vote (provided
that Holders entitled to exercise at least 50% of the Voting Rights allocable to the Non-Reduced Certificates exercise their
right to vote within 180 days of the initial request for a vote (which, for the avoidance of doubt, is the date on which the aforementioned
notice was mailed to the Certificateholders)), the Trustee shall terminate all of the rights and obligations of the Operating
Advisor under this Agreement by notice in writing to the Operating Advisor. The provisions set forth in the foregoing sentences
of this Section 7.06(b) shall be binding upon and inure to the benefit of solely the Certificateholders and the Trustee
as between each other. The Operating Advisor shall not have any cause of action based upon or arising from any breach or alleged
breach of such provisions. As between the Operating Advisor, on the one hand, and the Certificateholders, on the other, the Certificateholders
shall be entitled in their sole discretion to vote for the termination or not vote for the termination of the Operating Advisor.
The Certificate Administrator shall include on each Distribution Date Statement a statement that each Certificateholder and Certificate
Owner may access notices on the Certificate Administrator’s Website and each Certificateholder and Certificate Owner may
register to receive e-mail notifications when such notices are posted on the Certificate Administrator’s Website; provided
that the Certificate Administrator shall be entitled to reimbursement from the requesting Certificateholders for the reasonable
expenses of posting such notices.

 

(c)           On or after the receipt by the Operating Advisor of such written notice of termination, subject to the foregoing, all of its authority
and power under this Agreement shall be terminated and, without limitation, the terminated Operating Advisor shall execute any
and all documents and other instruments, and do or accomplish all other acts or things reasonably necessary or appropriate to
effect the purposes of such notice of termination. As soon as practicable, but in no event later than 15 Business Days after (1)
the Operating Advisor resigns pursuant to Section 6.04 of this Agreement (excluding resignation under the circumstances
contemplated in Section 6.04(d) where no successor Operating Advisor is required to be appointed) or (2) the Trustee delivers
such written notice of termination to the Operating Advisor, the Trustee shall appoint a successor Operating Advisor that is an
Eligible Operating Advisor. The Trustee shall provide written notice of the appointment of a successor Operating Advisor to the
Master Servicer, the Special Servicer, the Operating Advisor, the Certificate Administrator, the

 

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Depositor,
the Risk Retention Consultation Parties, any related Outside Controlling Note Holder and, if a Consultation Termination Event
does not exist, the Controlling Class Representative within one Business Day of such appointment, and the Certificate Administrator
shall provide written notice of such appointment to each Certificateholder and the Uncertificated VRR Interest Owners within one
Business Day of the receipt of such notice of appointment from the Trustee. Except as contemplated by Section 7.06(b) of
this Agreement, the appointment of a successor Operating Advisor shall not be subject to the vote, consent or approval of the
holder of any Class of Certificates or any Uncertificated VRR Interest Owner.

 

The
Operating Advisor shall not at any time be the Depositor, the Master Servicer, the Special Servicer, a Sponsor or an Affiliate
of any of them. If any of such entities becomes the Operating Advisor, including by means of an Affiliation arising after the
date hereof, the Operating Advisor shall immediately resign or cause an assignment under Section 6.04 of this Agreement
and the Trustee shall appoint a successor Operating Advisor subject to and in accordance with this Section 7.06(c), which
successor Operating Advisor may be an Affiliate of the Trustee. Notwithstanding the foregoing, if the Trustee is unable to find
a successor Operating Advisor within 30 days of the termination of the Operating Advisor, the Depositor shall be permitted to
find a replacement. Unless and until a replacement Operating Advisor is appointed, no party shall act as the Operating Advisor
and the provisions in this Agreement relating to consultation with respect to the Operating Advisor shall not be applicable until
a replacement Operating Advisor is appointed hereunder.

 

(d)           Upon any resignation or termination of the Operating Advisor and, if applicable, appointment of a successor to the Operating Advisor,
the Trustee shall, as soon as possible, give written notice thereof to the Special Servicer, the Master Servicer, the Certificate
Administrator (who shall, as soon as possible, give written notice thereof to the Certificateholders and the Uncertificated VRR
Interest Owners), the Depositor, each Directing Holder, each Consulting Party and, for posting to the Rule 17g-5 Information Provider’s
Website pursuant to Section 12.13 of this Agreement, the Rule 17g-5 Information Provider. In the event that the Operating Advisor
resigns or is terminated, all of its rights and obligations under this Agreement shall terminate, other than any rights or obligations
that accrued prior to the date of such resignation or termination (including the right to receive all amounts accrued and owing
to it under this Agreement) and other than any rights to indemnification arising out of events occurring prior to such resignation
or termination.

 

ARTICLE
VIII

 

CONCERNING
THE TRUSTEE AND THE CERTIFICATE ADMINISTRATOR

 

Section
8.01 Duties of the Trustee and the Certificate Administrator.

 

(a)           The Trustee, prior to the occurrence of a Servicer Termination Event of which a Responsible Officer of the Trustee has actual
knowledge and after the curing or waiver of all Servicer Termination Events which may have occurred, undertakes to perform such
duties and only such duties as are specifically set forth in this Agreement and no permissive right of the Trustee shall be construed
as a duty. During the continuance of a Servicer Termination Event of which a Responsible Officer of the Trustee has actual knowledge,
the Trustee, subject to the

 

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provisions
of Section 7.02 and Section 7.04 of this Agreement, shall exercise such of the rights and powers vested in it by
this Agreement, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the
circumstances in the conduct of such person’s own affairs. The Certificate Administrator undertakes to perform at all times
such duties and only such duties as are specifically set forth in this Agreement and no permissive right of the Certificate Administrator
shall be construed as a duty.

 

(b)           Each of the Trustee and the Certificate Administrator, upon receipt of any resolutions, certificates, statements, opinions, reports,
documents, orders or other instruments furnished to the Trustee or the Certificate Administrator, as applicable, which are specifically
required to be furnished pursuant to any provision of this Agreement (other than the Mortgage Files, the review of which is specifically
governed by the terms of Article II, the Diligence Files, any CREFC® reports and any information delivered for posting
to the Certificate Administrator’s Website or the Rule 17g-5 Information Provider’s Website), shall examine them to
determine whether they conform on their face to the requirements of this Agreement to the extent specifically set forth herein;
provided, however, that neither the Trustee nor the Certificate Administrator shall be responsible for the accuracy
or content of any such resolution, certificate, statement, opinion, report, document, order or other instrument provided to it
hereunder if accepted in good faith. If any such instrument is found not to conform on its face to the requirements of this Agreement
in a material manner, the Trustee or the Certificate Administrator, as applicable, shall request a corrected instrument, and if
the instrument is not corrected to the Trustee’s or the Certificate Administrator’s, as applicable, reasonable satisfaction,
the Certificate Administrator (if the Certificate Administrator requested the corrected instrument or upon direction from the
Trustee if the Trustee requested the corrected instrument) will provide notice thereof to the Certificateholders and the Uncertificated
VRR Interest Owners.

 

(c)           Neither
the Trustee, the Certificate Administrator nor any of their respective officers, directors, employees, agents or “control”
persons within the meaning of the Act shall have any liability arising out of or in connection with this Agreement, provided
that, subject to Section 8.02      of this Agreement, no provision of this Agreement
shall be construed to relieve the Trustee or the Certificate Administrator, as applicable, or any such person, from liability
for its own negligent action, its own negligent failure to act or its own willful misconduct or its own bad faith; and provided,
further, that:

 

(i)             Prior to the occurrence of a Servicer Termination Event or Operating Advisor Termination Event of which a Responsible Officer
of the Trustee has actual knowledge, and after the curing or waiver of all such Servicer Termination Events which may have occurred,
the duties and obligations of the Trustee shall be determined solely by the express provisions of this Agreement, neither the
Trustee nor the Certificate Administrator shall be liable except for the performance of such duties and obligations as are specifically
set forth in this Agreement, no implied covenants or obligations shall be read into this Agreement against the Trustee or the
Certificate Administrator and, in the absence of bad faith on the part of the Trustee or the Certificate Administrator, the Trustee
or the Certificate Administrator, as applicable, may conclusively rely, as to the truth of the statements and the correctness
of the opinions expressed therein, upon any resolutions, certificates, statements, reports, opinions, documents, orders or other
instruments furnished to the Trustee or the Certificate Administrator, as applicable, that conform on their face to

 

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the
requirements of this Agreement without responsibility for investigating the contents thereof;

 

(ii)            Neither the Trustee nor the Certificate Administrator shall be personally liable for an error of judgment made in good faith by
a Responsible Officer or Responsible Officers, unless it shall be proved that the Trustee or the Certificate Administrator, as
applicable, was negligent in ascertaining the pertinent facts;

 

(iii)           Neither the Trustee nor the Certificate Administrator shall be personally liable with respect to any action taken, suffered or
omitted to be taken by it in good faith in accordance with the direction of Holders of Certificates entitled to greater than 50%
of the Percentage Interests (or such other percentage as is specified herein for such action) of each affected Class, or of the
Voting Rights of the Certificates, relating to the time, method and place of conducting any proceeding for any remedy available
to the Trustee or the Certificate Administrator, as applicable, or exercising any trust or power conferred upon the Trustee or
the Certificate Administrator, as applicable, under this Agreement;

 

(iv)           Neither the Trustee, the Certificate Administrator nor any of their respective directors, officers, employees, agents or control
persons shall be responsible for any act or omission of any Custodian, Paying Agent or Certificate Registrar that is not the same
Person as, or an Affiliate of, the Trustee or the Certificate Administrator, as applicable, and that is selected other than by
the Trustee or the Certificate Administrator, as applicable, performed or omitted in compliance with any custodial or other agreement,
or any act or omission of the Master Servicer, Special Servicer, the Depositor, the Operating Advisor, any Serviced Companion
Loan Holder, the Directing Holder or the Controlling Class Representative or any other third Person, including, without limitation,
in connection with actions taken pursuant to this Agreement;

 

(v)            Neither the Trustee nor the Certificate Administrator shall be under any obligation to appear in, prosecute or defend any legal
action unless such action is incidental to its respective duties as Trustee or Certificate Administrator, as applicable, in accordance
with this Agreement (and, if it does, all reasonable legal expenses and costs of such action shall be expenses and costs of the
Trust Fund) and in its opinion does not expose it to any expense or liability for which reimbursement is not reasonably assured,
and the Trustee or the Certificate Administrator, as applicable, shall be entitled to be reimbursed therefor from the Collection
Account, unless such legal action arises (i) as a result of any willful misconduct, bad faith, fraud or negligence in the performance
of duties of the Trustee or the Certificate Administrator, as the case may be, or by reason of negligent disregard of the Trustee’s
or the Certificate Administrator’s, as the case may be, obligations or duties hereunder, or (ii) as a result of the breach
by the Trustee or the Certificate Administrator, as the case may be, of any of its representations or warranties contained herein;
provided, however, that the Trustee or the Certificate Administrator may in its discretion undertake any such action
related to its obligations hereunder which it may deem necessary or desirable with respect to this Agreement and the rights and
duties of the parties hereto and the interests of the Certificateholders hereunder;

 

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(vi)          Neither the Trustee nor the Certificate Administrator shall be charged with knowledge of any act, failure to act or breach of
any Person unless a Responsible Officer of the Trustee or the Certificate Administrator, as applicable, obtains actual knowledge
of such act, failure to act or breach or receives written notice of such act, failure to act or breach from any other party to
this Agreement, any Certificateholder or Certificate Owner, any Uncertificated VRR Interest Owner, a Risk Retention Consultation
Party, a Serviced Companion Loan Holder, the Directing Holder or the Controlling Class Representative; and

 

(vii)         Except in the event of the Trustee’s or Certificate Administrator’s, as applicable, willful misconduct, bad faith
or fraud, in no event shall the Trustee or the Certificate Administrator, as applicable, be liable for special, punitive, indirect
or consequential loss or damage of any kind whatsoever (including but not limited to lost profits), even if the Trustee or the
Certificate Administrator, as applicable, has been advised of the likelihood of such loss or damage and regardless of the form
of action.

 

None
of the provisions contained in this Agreement shall require the Trustee or the Certificate Administrator, in its capacity as Trustee
or the Certificate Administrator, as applicable, to expend or risk its own funds, or otherwise incur financial liability in the
performance of any of its duties hereunder, or in the exercise of any of its rights or powers, if in the opinion of the Trustee
or the Certificate Administrator, as applicable, the repayment of such funds or adequate indemnity against such risk or liability
is not reasonably assured to it. None of the provisions contained in this Agreement shall in any event require the Trustee to
perform, or be responsible for the manner of performance of, any of the obligations of the Master Servicer (other than the obligations
to make Advances under Sections 3.20 and 4.06 of this Agreement), the Special Servicer, the Certificate Administrator,
the Operating Advisor or the Asset Representations Reviewer under this Agreement, except during such time, if any, as the Trustee
shall be the successor to, and be vested with the rights, duties, powers and privileges of, the Master Servicer or the Special
Servicer in accordance with the terms of this Agreement. None of the provisions contained in this Agreement shall in any event
require the Certificate Administrator to perform, or be responsible for the manner of performance of, any of the obligations of
the Master Servicer, the Special Servicer, the Trustee, the Operating Advisor or the Asset Representations Reviewer under this
Agreement. Neither the Trustee nor the Certificate Administrator shall be required to post any surety or bond of any kind in connection
with its performance of its obligations under this Agreement and neither the Trustee nor the Certificate Administrator shall be
liable for any loss on any investment of funds pursuant to this Agreement (other than any funds invested with it in its commercial
capacity or at its discretion).

 

(d)           The Operating Advisor, the Master Servicer, the Special Servicer or the Trustee may at any time request from the Certificate Administrator
written confirmation of whether any Control Termination Event or Consultation Termination Event occurred during the previous calendar
year and the Certificate Administrator shall deliver such confirmation, based on information in its possession, to the requesting
party within ten (10) Business Days of such request. Further, the Certificate Administrator shall post a “special notice”
on the Certificate Administrator’s Website within ten (10) days of its determination (or its receipt of notice) of the commencement
or cessation of any Control Termination Event or Consultation Termination Event.

 

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Section
8.02 Certain Matters Affecting the Trustee and the Certificate Administrator.

 

(a)          
Except as otherwise provided in Section 8.01 of this Agreement:

 

(i)
            Each of the Trustee and the Certificate Administrator may request and/or rely upon and shall be protected in acting or refraining
from acting upon any resolution, Officer’s Certificate, certificate of auditors or any other certificate, statement, instrument,
opinion, report, notice, request, consent, order, appraisal, bond or other paper or document reasonably believed by it to be genuine
and to have been signed or presented by the proper party or parties and neither the Trustee nor the Certificate Administrator
shall have any responsibility to ascertain or confirm the genuineness of any such party or parties;

 

(ii)            Each of the Trustee and the Certificate Administrator may consult with counsel and the written advice of such counsel or any Opinion
of Counsel shall be full and complete authorization and protection in respect of any action taken or suffered or omitted by it
hereunder in good faith and in accordance with such written advice of such counsel or Opinion of Counsel;

 

(iii)           (A) Neither the Trustee nor the Certificate Administrator shall be under any obligation to institute, conduct or defend any litigation
hereunder or in relation hereto at the request, order or direction of any of the Certificateholders, pursuant to the provisions
of this Agreement, unless such Certificateholders shall have offered to the Trustee or the Certificate Administrator, as applicable,
security or indemnity reasonably satisfactory to the Trustee or the Certificate Administrator, as applicable, against the costs,
expenses and liabilities which may be incurred therein or thereby; and

 

(B)
          the right of the Trustee or the Certificate Administrator, as applicable, to perform any discretionary act enumerated in this
Agreement shall not be construed as a duty, and neither the Trustee nor the Certificate Administrator shall be answerable for
other than its negligence or willful misconduct in the performance of any such act;

 

provided
that subject to the foregoing clause (A), nothing contained herein shall relieve the Trustee of the obligations, upon the
occurrence of a Servicer Termination Event (which has not been cured or waived) of which a Responsible Officer of the Trustee
has actual knowledge, to exercise such of the rights and powers vested in it by this Agreement, and to use the same degree of
care and skill in their exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s
own affairs;

 

(iv)           Neither the Trustee, the Certificate Administrator nor any of their respective directors, officers, employees, Affiliates, agents
or “control” persons within the meaning of the Act shall be personally liable for any action taken, suffered or omitted
by it in good faith and reasonably believed by the Trustee or the Certificate Administrator, as applicable, to be authorized or
within the discretion or rights or powers conferred upon it by this Agreement;

 

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(v)            Neither the Trustee nor the Certificate Administrator shall be bound to make any investigation into the facts or matters stated
in any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order, approval, bond or other
paper or document, unless requested in writing to do so by Holders of Certificates entitled to at least 25% (or such other percentage
as is specified herein) of the Percentage Interests of any affected Class; provided, however, that if the payment
within a reasonable time to the Trustee or the Certificate Administrator, as applicable, of the costs, expenses or liabilities
likely to be incurred by it in the making of such investigation is, in the opinion of the Trustee or the Certificate Administrator,
as applicable, not reasonably assured to the Trustee or the Certificate Administrator, as applicable, by the security afforded
to it by the terms of this Agreement, the Trustee or the Certificate Administrator, as applicable, may require reasonable indemnity
against such expense or liability as a condition to taking any such action. The reasonable expense of every such investigation
shall be paid by the Master Servicer, the Special Servicer or the Operating Advisor, as applicable, if a Servicer Termination
Event or Operating Advisor Termination Event shall have occurred and be continuing relating to the Master Servicer, the Special
Servicer or the Operating Advisor, respectively and if such investigation results from such Servicer Termination Event or Operating
Advisor Termination Event, and otherwise by the Certificateholders requesting the investigation;

 

(vi)           Each of the Trustee and the Certificate Administrator may execute any of the trusts or powers hereunder or perform any duties
hereunder either directly or by or through agents or attorneys but shall not be relieved of its obligations hereunder;

 

(vii)          Except as otherwise expressly set forth in this Agreement, Computershare Trust Company, National Association acting in any particular
capacity hereunder will not be deemed to be imputed with knowledge of (a) Computershare Trust Company, National Association, acting
in a capacity that is unrelated to the transactions contemplated by this Agreement, or (b) Computershare Trust Company, National
Association, acting in any other capacity hereunder, except, in the case of either clause (a) or clause (b), where
some or all of the obligations performed in such capacities are performed by one or more employees within the same group or division
of Computershare Trust Company, National Association, or where the groups or divisions responsible for performing the obligations
in such capacities have one or more of the same Responsible Officers; and

 

(viii)         For purposes of this Agreement, the Trustee or the Certificate Administrator, as applicable, shall have notice of an event only
when a Responsible Officer of the Trustee or the Certificate Administrator, as applicable, has received written notice or obtains
actual knowledge of such event.

 

(b)            Following the Startup Day, neither the Trustee nor the Certificate Administrator shall, except as expressly required by any provision
of this Agreement, accept any contribution of assets to the Trust Fund unless the Trustee or the Certificate Administrator, as
applicable, shall have received an Opinion of Counsel (the costs of obtaining such opinion to be borne by the Person requesting
such contribution) to the effect that the inclusion of such assets in

 

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the
Trust Fund will not cause any Trust REMIC to fail to qualify as a REMIC or cause the Grantor Trust to fail to qualify as a grantor
trust, at any time that any Certificates are outstanding or subject a Trust REMIC to any tax under the REMIC Provisions or other
applicable provisions of federal, state and local law or ordinances.

 

(c)           All rights of action under this Agreement or under any of the Certificates, enforceable by the Trustee or the Certificate Administrator,
as applicable, may be enforced by it without the possession of any of the Certificates, or the production thereof at the trial
or other proceeding relating thereto, and any such suit, action or proceeding instituted by the Trustee shall be brought in its
name for the benefit of all the Holders of such Certificates, subject to the provisions of this Agreement.

 

Neither
the Trustee nor the Certificate Administrator shall have any duty to conduct any affirmative investigation as to the occurrence
of any condition requiring the repurchase of any Mortgage Loan by the Depositor pursuant to this Agreement or the eligibility
of any Mortgage Loan for purposes of this Agreement.

 

(d)           Neither the Trustee nor the Certificate Administrator shall be responsible for delays or failures in performance resulting from
acts beyond its control (such acts to include but are not limited to acts of God, strikes, lockouts, riots and acts of war).

 

(e)           Each of the Custodian, the Rule 17g-5 Information Provider, Authenticating Agent, Paying Agent and Certificate Registrar shall
be entitled to the same rights, indemnities, immunities, benefits (other than compensation), privileges and protections afforded
to the Certificate Administrator hereunder in the same manner as if such party were the named Certificate Administrator herein
mutatis mutandis.

 

(f)            Notwithstanding anything to the contrary herein, any and all e-mail communications (both text and attachments) by or from the
Trustee or the Certificate Administrator that the Trustee or the Certificate Administrator, as applicable, deems to contain confidential,
proprietary, and/or sensitive information may be encrypted. The recipient (the “E-mail Recipient”) of the encrypted
e-mail communication will be required to complete a registration process. Instructions on how to register and/or retrieve an encrypted
message will be included in the first secure e-mail sent by the Trustee or the Certificate Administrator, as applicable, to the
E-mail Recipient.

 

(g)           No provision of this Agreement or any Loan Document shall be deemed to impose any duty or obligation on the Trustee or the Certificate
Administrator to take or omit to take any action, or suffer any action to be taken or omitted, in the performance of its duties
or obligations under the Loan Documents, or to exercise any right or power thereunder, to the extent that taking or omitting to
take such action or suffering such action to be taken or omitted would violate applicable law binding upon it (which determination
may be based on Opinion of Counsel).

 

(h)           In order to comply with the laws, rules, regulations and executive orders in effect from time to time applicable to banking institutions,
including, without limitation, those relating to the funding of terrorist activities and money laundering including Section 326
of the USA PATRIOT Act (for purposes of this clause (h), “Applicable Law”), each of the Trustee and

 

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the
Certificate Administrator is required to obtain, verify, record and update certain information relating to individuals and entities
that maintain a business relationship with the Trustee or the Certificate Administrator, as applicable. Accordingly, each of the
parties hereto agrees to provide to the Trustee or the Certificate Administrator, as applicable, upon its request from time to
time, such identifying information and documentation as may be available for such party in order to enable the Trustee or the
Certificate Administrator, as applicable, to comply with Applicable Law.

 

Section
8.03 Neither the Trustee Nor the Certificate Administrator Is Liable for Certificates or Mortgage Loans

 

The
recitals contained herein and in the Certificates (other than the signature and authentication of the Certificate Administrator
on the Certificates) shall not be taken as the statements of the Trustee, the Certificate Administrator, the Master Servicer,
the Special Servicer or the Operating Advisor, and the Trustee, the Certificate Administrator, the Master Servicer, the Special
Servicer and the Operating Advisor assume no responsibility for their correctness. The Trustee, the Certificate Administrator,
the Master Servicer, the Special Servicer and the Operating Advisor make no representations or warranties as to the validity or
sufficiency of this Agreement, of the Certificates or any prospectus used to offer the Certificates for sale or the validity,
enforceability or sufficiency of any Mortgage Loan or related document. Neither the Trustee nor the Certificate Administrator
shall at any time have any responsibility or liability for or with respect to the legality, validity and enforceability of any
Mortgage, any Mortgage Loan, or the perfection and priority of any Mortgage or the maintenance of any such perfection and priority,
or for or with respect to the sufficiency of the Trust Fund or its ability to generate the payments to be distributed to Certificateholders
under this Agreement. Without limiting the foregoing, neither the Trustee nor the Certificate Administrator shall be liable or
responsible for: the existence, condition and ownership of any Mortgaged Property; the existence of any hazard or other insurance
thereon (other than if the Trustee shall assume the duties of the Master Servicer or the Special Servicer pursuant to Section
7.02 of this Agreement, in the Trustee’s capacity as Master Servicer or Special Servicer) or the enforceability thereof;
the existence of any Mortgage Loan or the contents of the related Mortgage File on any computer or other record thereof (other
than if the Trustee shall assume the duties of the Master Servicer or the Special Servicer pursuant to Section 7.02 of this Agreement,
in the Trustee’s capacity as Master Servicer or Special Servicer); the validity of the assignment of any Mortgage Loan to
the Trust Fund or of any intervening assignment; the completeness of any Mortgage File (except for its review thereof pursuant
to Section 2.02); the performance or enforcement of any Mortgage Loan (other than if the Trustee shall assume the duties of the
Master Servicer or the Special Servicer pursuant to Section 7.02 of this Agreement, in the Trustee’s capacity as Master
Servicer or Special Servicer); the compliance by the Depositor, the Master Servicer, the Special Servicer or the Operating Advisor
with any warranty or representation made under this Agreement or in any related document or the accuracy of any such warranty
or representation prior to the Trustee’s receipt of notice or other discovery of any non-compliance therewith or any breach
thereof; any investment of moneys by or at the direction of the Master Servicer or any loss resulting therefrom (other than if
the Trustee shall assume the duties of the Master Servicer or the Special Servicer pursuant to Section 7.02 of this Agreement,
in the Trustee’s capacity as Master Servicer or Special Servicer), it being understood that the Trustee shall remain responsible
for any Trust Fund property that it may hold in its individual capacity; the acts or omissions of any of the Depositor, the Master
Servicer, the Special Servicer or the Operating Advisor (other than if the Trustee shall assume the duties of the Master Servicer

 

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or
the Special Servicer pursuant to Section 7.02 of this Agreement, in the Trustee’s capacity as Master Servicer or Special
Servicer) or any Sub-Servicer or any Mortgagor; any action of the Master Servicer, the Special Servicer or the Operating Advisor
(other than if the Trustee shall assume the duties of the Master Servicer or the Special Servicer pursuant to Section 7.02 of
this Agreement, in the Trustee’s capacity as Master Servicer or Special Servicer) or any Sub-Servicer taken in the name
of the Trustee except to the extent such action is taken at the express written direction of the Trustee; the failure of the Master
Servicer or the Special Servicer or any Sub-Servicer to act or perform any duties required of it on behalf of the Trust Fund or
the Trustee as applicable hereunder; or any action by or omission of the Trustee taken at the instruction of the Master Servicer
or the Special Servicer (other than if the Trustee shall assume the duties of the Master Servicer or the Special Servicer pursuant
to Section 7.02 of this Agreement, in the Trustee’s capacity as Master Servicer or Special Servicer) unless the taking of
such action is not permitted by the express terms of this Agreement; provided, however, that the foregoing shall not relieve the
Trustee or the Certificate Administrator, as applicable, of its obligation to perform its duties as specifically set forth in
this Agreement. Neither the Trustee nor the Certificate Administrator shall be accountable for the use or application by the Depositor
of any of the Certificates or the Uncertificated VRR Interest issued to it or of the proceeds of the sale of such Certificates
or the Uncertificated VRR Interest, or for the use or application of any funds paid to the Depositor, the Master Servicer or the
Special Servicer in respect of the Mortgage Loans or deposited in or withdrawn from the Collection Account, the Distribution Account,
the Lock Box Account, the Escrow Accounts, the Interest Reserve Account, the Excess Liquidation Proceeds Reserve Account, the
Excess Interest Distribution Account or any other account maintained by or on behalf of the Master Servicer or the Special Servicer,
other than any funds held by the Trustee or the Certificate Administrator, as applicable. Neither the Trustee nor the Certificate
Administrator shall have responsibility for filing any financing or continuation statement in any public office at any time or
to otherwise perfect or maintain the perfection of any security interest or lien granted to it hereunder (unless in the case of
the Trustee, the Trustee shall have become the successor Master Servicer) or to record this Agreement. In making any calculation
hereunder which includes as a component thereof the payment or distribution of interest for a stated period at a stated rate “to
the extent permitted by applicable law,” the Trustee or the Certificate Administrator, as applicable, shall assume that
such payment is so permitted unless a Responsible Officer of the Trustee or the Certificate Administrator, as applicable, has
actual knowledge, or receives an Opinion of Counsel (at the expense of the Person asserting the impermissibility) to the effect
that such payment is not permitted by applicable law.

 

Section
8.04 Trustee and Certificate Administrator May Own Certificates

 

The
Trustee, the Certificate Administrator and any agent of the Trustee or the Certificate Administrator, each, in its individual
capacity or any other capacity, may become the owner or pledgee of Certificates, and may deal with the Depositor and the Master
Servicer in banking transactions, with the same rights it would have if it were not Trustee, the Certificate Administrator or
such agent, as the case may be.

 

Section
8.05 Payment of Trustee/Certificate Administrator Fees and Expenses; Indemnification.

 

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(a)           As compensation for the performance of its duties hereunder, the Trustee shall be paid its portion of the Trustee/Certificate
Administrator Fee, which shall cover recurring and otherwise reasonably anticipated expenses of the Trustee. As compensation for
the performance of its duties hereunder, the Certificate Administrator shall be paid its portion of the Trustee/Certificate Administrator
Fee, which shall cover recurring and otherwise reasonably anticipated expenses of the Certificate Administrator. The Certificate
Administrator shall pay the Trustee the Trustee’s portion of the Trustee/Certificate Administrator Fee. The Trustee/Certificate
Administrator Fee shall be paid monthly on a Mortgage Loan-by- Mortgage Loan basis. The Trustee/Certificate Administrator Fee
(which in each case shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust)
shall constitute the Trustee’s and the Certificate Administrator’s sole form of compensation for all services rendered
by each of them in the execution of the trusts hereby created and in the exercise and performance of any of the powers and duties
of the Trustee or the Certificate Administrator, as applicable, hereunder. No Trustee/Certificate Administrator Fee shall be payable
with respect to any Companion Loan. In the event that the Trustee assumes the servicing responsibilities of the Master Servicer
or the Special Servicer hereunder pursuant to or otherwise arising from the resignation or removal of the Master Servicer or the
Special Servicer, the Trustee shall be entitled to the compensation to which the Master Servicer or the Special Servicer, as the
case may be, would have been entitled.

 

(b)           Each of the Trustee and the Certificate Administrator shall be paid or reimbursed by the Trust Fund upon its request for all reasonable
expenses, disbursements and, except for Advances otherwise reimbursable hereunder, advances incurred or made by the Trustee or
the Certificate Administrator, as applicable, pursuant to and in accordance with any of the provisions of this Agreement (including
the reasonable compensation and the expenses and disbursements of its counsel and of all persons not regularly in its employ)
to the extent such payments are “unanticipated expenses” as described in clause (d) below, except any such expense,
disbursement or advance as may arise from its negligence, bad faith or willful misconduct; provided, however, that,
subject to Section 8.01 and Section 8.02 of this Agreement, neither the Trustee nor the Certificate Administrator
shall refuse to perform any of its duties hereunder solely as a result of the failure to be paid the Trustee/Certificate Administrator
Fee or the Trustee’s expenses or the Certificate Administrator’s expenses, as applicable.

 

The
Master Servicer and the Special Servicer covenant and agree to pay or reimburse the Trustee for the reasonable out-of-pocket expenses
incurred or made by the Trustee in connection with any transfer of the servicing responsibilities of the Master Servicer or the
Special Servicer, respectively, hereunder, pursuant to or otherwise arising from the resignation or removal of the Master Servicer
or the Special Servicer, in accordance with any of the provisions of this Agreement (and including the reasonable fees and expenses
and disbursements of its counsel and all other persons not regularly in its employ), except any such expenses as may arise from
the negligence or bad faith of the Trustee.

 

(c)           Each of the Paying Agent, the Authenticating Agent, the Certificate Administrator, the Certificate Registrar, the Custodian, the
Trustee, the Depositor, the Master Servicer and the Special Servicer (each, an “Indemnifying Party”) shall
indemnify the Trustee, the Paying Agent, the Authenticating Agent, the Certificate Administrator, the Certificate Registrar, the
Custodian and their respective Affiliates and each of the directors, officers, employees and agents of the Paying Agent, the Authenticating
Agent, the Trustee, the Certificate Administrator,

 

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the
Certificate Registrar, the Custodian and their respective Affiliates (each, an “Indemnified Party”) for, and
hold each of them harmless against, any and all claims, losses, damages, penalties, fines, forfeitures, reasonable and necessary
legal fees and related costs, judgments, and any other costs, fees and expenses that the Indemnified Party may sustain in connection
with this Agreement (including, without limitation, reasonable fees and disbursements of counsel incurred by the Indemnified Party
in any action or proceeding between the Indemnifying Party and the Indemnified Party or between the Indemnified Party and any
third party or otherwise) resulting from each such Indemnifying Party’s respective willful misconduct, bad faith, fraud
and/or negligence in the performance of each of its respective obligations or duties hereunder or by reason of negligent disregard
of its respective obligations and duties hereunder. Each of the Paying Agent, the Authenticating Agent, the Trustee, the Certificate
Registrar, the Custodian and the Certificate Administrator shall indemnify each of the Master Servicer and the Special Servicer
and its Affiliates and each of the directors, officers, employees and agents of each of the Master Servicer and the Special Servicer
and its Affiliates (each, a “Servicer Indemnified Party”) for, and hold each of them harmless against, any
and all claims, losses, damages, penalties, fines, forfeitures, reasonable and necessary legal fees and related costs, judgments,
and any other costs, fees and expenses that the Servicer Indemnified Party may sustain in connection with this Agreement (including,
without limitation, reasonable fees and disbursements of counsel incurred by the Servicer Indemnified Party in any action or proceeding
between the Trustee, the Paying Agent, the Authenticating Agent, the Certificate Registrar, the Custodian or the Certificate Administrator,
as applicable, and the Servicer Indemnified Party or between the Servicer Indemnified Party and any third party or otherwise)
related to the Trustee’s, the Authenticating Agent’s, the Paying Agent’s, the Certificate Registrar’s,
the Custodian’s or the Certificate Administrator’s respective willful misconduct, bad faith, fraud and/or negligence
in the performance of each of its respective duties hereunder or by reason of negligent disregard of its respective obligations
and duties hereunder. Each of the Authenticating Agent, the Paying Agent, the Certificate Registrar, the Custodian, the Certificate
Administrator and the Trustee shall indemnify the Depositor, each Sponsor, any employee, director or officer of the Depositor
or any Sponsor, and the Trust Fund (each an “Other Indemnified Party”) for, and hold each of them harmless
against, any loss, liability or reasonable expense (including, without limitation, reasonable attorneys’ fees and expenses
incurred by the Other Indemnified Party in any action or proceeding between the Authenticating Agent, the Paying Agent, the Certificate
Registrar, the Custodian, the Certificate Administrator or the Trustee, as applicable, and the Other Indemnified Party or between
the Other Indemnified Party and any third party or otherwise) incurred by such parties (i) as a result of any willful misconduct,
bad faith, fraud or negligence in the performance of the obligations or duties of the Authenticating Agent, the Paying Agent,
the Certificate Registrar, the Custodian, the Certificate Administrator or the Trustee, as the case may be, or by reason of negligent
disregard of the Authenticating Agent, the Paying Agent’s, the Certificate Registrar’s, the Custodian’s, the
Certificate Administrator’s or the Trustee’s, as the case may be, obligations or duties hereunder, or (ii) as a result
of the breach by the Authenticating Agent, the Paying Agent, the Certificate Registrar, the Custodian, the Certificate Administrator
or the Trustee, as the case may be, of any of its representations or warranties contained herein, or (iii) as a result of or relating
to a violation of the Exchange Act or Regulation RR if such violation, in whole or in part, results from or arises out of a breach
by the Authenticating Agent, the Paying Agent, the Certificate Registrar or the Certificate Administrator, as the case may be,
of any of its obligations under Section 5.02(f) and Section 5.03(i) of this Agreement.

 

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(d)          The Trust Fund shall indemnify each Indemnified Party from, and hold it harmless against, any and all claims, losses, damages,
penalties, fines, forfeitures, reasonable and necessary legal fees and related costs, judgments, and any other costs, fees and
expenses that the Indemnified Party may sustain in connection with this Agreement (including, without limitation, reasonable fees
and disbursements of counsel and of all persons not regularly in its employ incurred by the Indemnified Party in any action or
proceeding between the Trust Fund and the Indemnified Party or between the Indemnified Party and any third party or otherwise)
arising in respect of this Agreement, the Certificates or the Uncertificated VRR Interest, in each case to the extent and only
to the extent, such payments are expressly reimbursable under this Agreement, or are unanticipated expenses (as defined below),
other than (i) those resulting from the negligence, fraud, bad faith or willful misconduct, or negligent disregard of obligations
and duties hereunder, of the Indemnified Party and (ii) except to the extent such amounts are not paid pursuant to this Section
8.05, those as to which such Indemnified Party is entitled to indemnification pursuant to Section 8.05(c). The term
“unanticipated expenses” shall include any fees, expenses and disbursements of the Trustee or the Certificate Administrator
or any separate trustee or co-trustee or certificate administrator appointed hereunder, only to the extent such fees, expenses
and disbursements were not reasonably anticipated as of the Closing Date, and the losses, liabilities, damages, claims or incremental
expenses (including reasonable attorneys’ fees) incurred or, except in the case of an Advance otherwise reimbursable hereunder,
advanced by an Indemnified Party in connection with (i) a default under any Mortgage Loan and (ii) any litigation arising out
of this Agreement, including, without limitation, under Section 2.03, Section 3.10, the third paragraph of Section
3.11, Section 4.05 and Section 7.01 of this Agreement. The right of reimbursement of the Indemnified Parties
under this Section 8.05(d) shall be senior to the rights of all Certificateholders and all Uncertificated VRR Interest
Owners.

 

(e)           Notwithstanding anything herein to the contrary, this Section 8.05 shall survive the termination or maturity of this Agreement
or the resignation or removal of the Trustee or the Certificate Administrator, as applicable, as regards rights accrued prior
to such resignation or removal and (with respect to any acts or omissions during their respective tenures) the resignation, removal
or termination of the Master Servicer, the Special Servicer, the Paying Agent, the Authenticating Agent, the Certificate Registrar
or the Custodian.

 

(f)            This Section 8.05 shall be expressly construed to include, but not be limited to, such indemnities, compensation, expenses,
disbursements, advances, losses, liabilities, damages and the like, as may pertain or relate to any environmental law or environmental
matter.

 

Section
8.06 Eligibility Requirements for the Trustee and the Certificate Administrator

 

Each
of the Trustee and the Certificate Administrator hereunder shall at all times be a corporation or association organized and
doing business under the laws of any state or the United States of America, authorized under such laws to exercise corporate trust
powers and to accept the trust conferred under this Agreement, having a combined capital and surplus of at least $100,000,000,
and subject to supervision or examination by federal or state authority, and the Trustee shall not be an Affiliate of any other
member of the Restricted Group (other than an Underwriter and, during any period when the Trustee has assumed the duties of the
Master Servicer pursuant to Section 7.02, the Master Servicer). The Trustee is required to maintain (A) a rating on

 

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its
unsecured long term-debt of at least “A” by Fitch or a rating on its short-term debt of at least “F1”
by Fitch, (B) a rating on its unsecured long-term debt of at least “A” by DBRS Morningstar (or, if not rated by DBRS
Morningstar, then at least an equivalent rating by two other NRSROs (which may include Fitch and Moody’s)) and (C) a rating
on its unsecured long-term debt of at least “A2” by Moody’s or a long-term counterparty risk assessment of at
least “A2(cr)” by Moody’s (or, in the case of any Rating Agency’s rating requirement set forth above in
this sentence, such other rating with respect to which the applicable Rating Agency has provided a Rating Agency Confirmation).
In addition, the Trustee shall satisfy the requirements for a trustee contemplated by clause (a)(4)(i) of Rule 3a-7 under the
Investment Company Act. The Certificate Administrator is required to maintain (A) a rating on its unsecured long-term debt of
at least “BBB(high)” by DBRS Morningstar (or, if not rated by DBRS Morningstar, then at least an equivalent rating
by two (2) other NRSROs (which may include Fitch and Moody’s)), except in the case of Computershare Trust Company, National
Association, so long as it has a long-term senior unsecured debt rating or long-term issuer rating of at least “BBB”
by at least one NRSRO and (B) a rating on its unsecured long-term debt at least “Baa3” by Moody’s or an issuer
rating of at least “Baa3” by Moody’s (or in the case of any Rating Agency’s requirement set forth above
in this sentence, such other rating with respect to which the applicable Rating Agency has provided a Rating Agency Confirmation).
If a corporation or association publishes reports of condition at least annually, pursuant to law or to the requirements of the
aforesaid supervising or examining authority, then for purposes of this Section the combined capital and surplus of such corporation
shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. In the
event that the place of business from which the Trustee or the Certificate Administrator, as applicable, administers the Trust
Fund is a state or local jurisdiction that imposes a tax on the Trust Fund or the net income of a Trust REMIC (other than a tax
corresponding to a tax imposed under the REMIC Provisions) the Trustee or the Certificate Administrator, as applicable, shall
elect either to (i) resign immediately in the manner and with the effect specified in Section 8.07, (ii) pay such tax from its
own funds and continue as Trustee or Certificate Administrator, as applicable, or (iii) administer the Trust Fund from a state
and local jurisdiction that does not impose such a tax. In case at any time the Trustee or the Certificate Administrator shall
cease to be eligible in accordance with the provisions of this Section, the Trustee or the Certificate Administrator, as applicable,
shall resign immediately in the manner and with the effect specified in Section 8.07. 

 

Section
8.07 Resignation and Removal of the Trustee or the Certificate
Administrator

 

Each
of the Trustee and the Certificate Administrator may at any time resign and be discharged from the trusts hereby created
by giving written notice thereof to the other such party, the Depositor, the Master Servicer, the Special Servicer, the Operating
Advisor, the Asset Representations Reviewer, the Certificateholders, the Uncertificated VRR Interest Owners, the Serviced Companion
Loan Holders and, for posting to the Rule 17g-5 Information Provider’s Website pursuant to Section 12.13 of this Agreement,
the Rule 17g-5 Information Provider. Upon such notice of resignation, the Master Servicer shall promptly appoint a successor Trustee
or the Certificate Administrator, as applicable, with respect to which the Rating Agencies have provided a Rating Agency Confirmation
to the resigning Trustee or Certificate Administrator, as applicable, and the successor Trustee or Certificate Administrator,
as applicable. If no successor Trustee or

 

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Certificate
Administrator, as applicable, shall have been so appointed and have accepted appointment within 90 days after the giving of such
notice of resignation, the resigning Trustee or Certificate Administrator, as applicable, may petition any court of competent
jurisdiction for the appointment of a successor Trustee or Certificate Administrator, as applicable, and such petition will be
an expense of the Trust Fund. Except as set forth in the immediately preceding sentence, the Trustee or the Certificate Administrator,
as applicable, shall bear all reasonable out-of-pocket costs and expenses of each other party hereto and each Rating Agency in
connection with its resignation (including, but not limited to, the costs of assigning Mortgage Loans by reason of change in Trustee).

 

If
at any time either the Trustee or the Certificate Administrator shall cease to be eligible in accordance with the provisions of
Section 8.06 and shall fail to resign after written request therefor by the Depositor or Master Servicer, or if at any
time either the Trustee or the Certificate Administrator shall become incapable of acting, or shall be adjudged bankrupt or insolvent,
or a receiver of the Trustee or the Certificate Administrator, as applicable, or of its property shall be appointed, or any public
officer shall take charge or control of the Trustee or the Certificate Administrator, as applicable, or of its property or affairs
for the purpose of rehabilitation, conservation or liquidation, then the Depositor may remove the Trustee or the Certificate Administrator,
as applicable, and promptly appoint a successor Trustee or the Certificate Administrator, as applicable, by written instrument,
which shall be delivered to the Trustee or the Certificate Administrator, as applicable, so removed and to the successor Trustee
or Certificate Administrator, as applicable. The Holders of Certificates entitled to more than 50% of the Voting Rights allocated
to all of the Certificates may at any time, with prior written notice, remove the Trustee or the Certificate Administrator and
appoint a successor Trustee or the Certificate Administrator, as applicable, by written instrument or instruments, in five originals,
signed by such Holders or their attorneys-in-fact duly authorized, one complete set of which instruments shall be delivered to
the Depositor, one complete set to the Master Servicer, one complete set to the Trustee (in connection with the removal of the
Certificate Administrator), one complete set to the Certificate Administrator (in connection with the removal of the Trustee),
one complete set to the Trustee or Certificate Administrator, as applicable, so removed and one complete set to the successor
Trustee or Certificate Administrator, as applicable, so appointed, and a copy thereof shall be delivered to the Serviced Companion
Loan Holders.

 

In
the event that the Trustee or the Certificate Administrator is terminated or removed pursuant to this Section 8.07, (i)
all of its rights and obligations under this Agreement and in and to the Mortgage Loans or Serviced Loan Combinations shall be
terminated, other than any rights or obligations that accrued prior to the date of such termination or removal (including the
right to receive all fees, expenses and other amounts (including Advances and any accrued interest thereon) accrued or owing to
it under this Agreement, with respect to periods prior to the date of such termination or removal, and no termination without
cause shall be effective until the payment of such amounts to the Trustee or the Certificate Administrator, as applicable) and (ii)    
such resignation, termination, or removal shall be effective with respect to each of its other capacities hereunder except its
capacity as Custodian (but including, without limitation, its capacities as Certificate Registrar, Rule 17g-5 Information Provider,
Paying Agent and Authenticating Agent). The Trustee or the Certificate Administrator, as applicable, will bear all reasonable
out-of-pocket costs and expenses of each other party hereto and each Rating Agency

 

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in
connection with its termination or removal; provided that if the Trustee or the Certificate Administrator, as applicable,
is terminated without cause by the Holders of Certificates evidencing more than 50% of the Voting Rights allocated to all of the
Certificates as provided in the immediately preceding paragraph, then such Holders will be required to pay all the reasonable
costs and expenses of the Trustee or the Certificate Administrator, as applicable, necessary to effect the transfer of the rights
and obligations (including, if applicable, custody of any Mortgage Files in its possession) of the Trustee or Certificate Administrator,
as applicable, to a successor trustee or certificate administrator.

 

Any
resignation or removal of the Trustee or the Certificate Administrator and appointment of a successor Trustee or Certificate Administrator,
as applicable, pursuant to any of the provisions of this Section 8.07 shall not become effective until (i) acceptance of
appointment by the successor Trustee or successor Certificate Administrator, as applicable, as provided in Section 8.08
and (ii) the filing by or on behalf of the Trust of a Form 8-K with respect to such resignation, removal and/or appointment as
contemplated by the fifth paragraph of Section 10.07.

 

Upon
the resignation or upon the termination of the Trustee, (i) the outgoing Trustee shall (subject to the terms of the third paragraph
of this Section 8.07), at its own expense, ensure that prior to its transfer of duties to any successor (to the extent
such Loan Document was assigned or endorsed to the Trustee), (A) the original executed Note for each Mortgage Loan, is endorsed
(without recourse, representation or warranty, express or implied) to the order of the successor, as trustee for the registered
holders of Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35, and the Uncertificated
VRR Interest Owners or in blank, and (B) in the case of the other Loan Documents, are assigned (and, other than in connection
with the removal of the Trustee without cause, recorded as appropriate) to such successor, and such successor shall review the
documents delivered to it or the Custodian with respect to each Mortgage Loan, and certify in writing that, as to each Mortgage
Loan then subject to this Agreement, such endorsement and assignment has been made; and (ii) if any original executed Mortgage
Note for a Mortgage Loan was not endorsed to the outgoing Trustee, the Custodian shall deliver such Mortgage Note to the successor
trustee and the Custodian shall cooperate with any successor trustee to ensure that such Mortgage Note is endorsed (without recourse,
representation or warranty, express or implied) to the order of the successor trustee, as trustee for the registered Holders of
Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35 or in blank. The outgoing Trustee
shall provide copies of the documentation provided for in items (i)(A) and (B) above to the Master Servicer, in each case to the
extent such copies are not already in the Master Servicer’s possession. If any assignable Loan Document (other than the
Mortgage Note) was not assigned to the outgoing Trustee or if the Trustee is removed without cause, with respect to the Loan Documents
identified in clause (i)(B) of the preceding sentence the Custodian shall deliver such Loan Document to the successor trustee
and, if appropriate, such Loan Document shall be recorded by the successor trustee if so required by the Master Servicer or the
Special Servicer and at the expense of the Trust (for so long as no Control Termination Event is continuing, with the consent
of the Controlling Class Representative, and during the continuance of a Control Termination Event but prior to the occurrence
and continuance of a Consultation Termination Event, after consultation with the Controlling Class Representative).

 

Section
8.08 Successor Trustee or Successor Certificate Administrator.

 

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(a)           Any successor Trustee or Certificate Administrator appointed as provided in Section 8.07 of this Agreement shall execute,
acknowledge and deliver to the Depositor, the Master Servicer, the Special Servicer and to the predecessor Trustee or Certificate
Administrator, as applicable, as the case may be, instruments accepting their appointment hereunder, and thereupon the resignation
or removal of the predecessor Trustee or Certificate Administrator, as applicable, shall become effective and such successor Trustee
or Certificate Administrator, as applicable, without any further act, deed or conveyance, shall become fully vested with all the
rights, powers, duties and obligations of its predecessor hereunder, with the like effect as if originally named as Trustee or
Certificate Administrator, as applicable, herein, provided that a Rating Agency Confirmation shall be obtained from each
Rating Agency with respect to the appointment of such successor Trustee or Certificate Administrator. In connection with the appointment
of a successor Certificate Administrator, the predecessor Certificate Administrator (or a Custodian appointed by it) shall deliver
to the successor Certificate Administrator all Mortgage Files and related documents and statements held by it hereunder. The Depositor,
the Master Servicer, the Special Servicer, the Operating Advisor and the predecessor Trustee or Certificate Administrator, as
applicable, shall execute and deliver such instruments and do such other things as may reasonably be required for more fully and
certainly vesting and confirming in the successor Trustee or Certificate Administrator, as applicable, all such rights, powers,
duties and obligations. No successor Trustee or Certificate Administrator shall accept appointment as provided in this Section
8.08 unless at the time of such acceptance such successor Trustee or Certificate Administrator, as applicable, shall be eligible
under the provisions of Section 8.06. In no event may the Operating Advisor, the Asset Representations Reviewer or any
of their Affiliates be appointed as successor Trustee or successor Certificate Administrator.

 

Upon
acceptance of appointment by a successor Trustee or Certificate Administrator, as applicable, as provided in this Section 8.08,
the Depositor shall mail notice of the succession of such Trustee or Certificate Administrator, as applicable, hereunder to all
Holders of Certificates at their addresses as shown in the Certificate Register, to the Uncertificated VRR Interest Owners and
to the Companion Loan Holders. If the Depositor fails to mail such notice within 10 days after acceptance of appointment by the
successor Trustee or Certificate Administrator, the successor Trustee or Certificate Administrator, as applicable, shall cause
such notice to be mailed at the expense of the Depositor.

 

(b)           Any successor Trustee or Certificate Administrator appointed pursuant to this Agreement shall satisfy the eligibility requirements
set forth in Section 8.06 hereof.

 

Section
8.09 Merger or Consolidation of the Trustee or the Certificate Administrator.

 

Any
entity into which the Trustee or the Certificate Administrator may be merged or converted, or with which the Trustee or the
Certificate Administrator, as applicable, may be consolidated, or any entity resulting from any merger, conversion or consolidation
to which the Trustee or the Certificate Administrator, as applicable, shall be a party, or any entity succeeding to the corporate
trust business of the Trustee or the Certificate Administrator, as applicable, shall be the successor of the Trustee or the Certificate
Administrator, as applicable, hereunder, provided such entity shall be eligible under the provisions of Section 8.06 without the
execution or filing of

 

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any
paper or any further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding.

 

Section
8.10 Appointment of Co-Trustee or Separate Trustee

 

Notwithstanding
any other provisions hereof, at any time, for the purpose of meeting any legal requirements of any jurisdiction in which any part
of the Trust Fund, the assets thereof or any property securing the same may at the time be located, the Depositor and the Trustee
acting jointly shall have the power and shall execute and deliver all instruments to appoint one or more Persons to act (at the
expense of (i) the Trustee, if the need to appoint such co-trustee(s) arises from any change in or matter relating to the identity,
organization, status, power, conflicts, internal policy or other development or matter with respect to the Trustee, and/or (ii)
the Trust Fund, if the need to appoint such co-trustee(s) arises from a change in applicable law or the identity, status or power
of the Trust Fund; provided, however, that in the event the need to appoint such co-trustee(s) arises from a combination of the
events described in clause (i) and clause (ii), the expense shall be split evenly between the Trustee and the Trust Fund; and
provided, further, that in the event the need to appoint such co-trustee(s) arises from none of the events described in clause
(i) and clause (ii), such appointment shall be at the expense of the Trust Fund) as co-trustee or co-trustees, jointly with the
Trustee, or separate trustee or separate trustees, of all or any part of the Trust Fund, and to vest in such Person or Persons,
in such capacity, such title to the Trust Fund, or any part thereof, and, subject to the other provisions of this Section 8.10,
such powers, duties, obligations, rights and trusts as the Depositor and the Trustee may consider necessary or desirable. If the
Depositor shall not be in existence or shall not have joined in such appointment within 15 days after the receipt by it of a request
so to do, or in case a Servicer Termination Event shall have occurred and be continuing, the Trustee alone shall have the power
to make such appointment. Except as required by applicable law, the appointment of a co-trustee or separate trustee shall not
relieve the Trustee of its responsibilities, obligations and liabilities hereunder. No co-trustee or separate trustee hereunder
shall be required to meet the terms of eligibility as a successor Trustee under Section 8.06 hereunder and no notice to Holders
of Certificates or the Uncertificated VRR Interest Owners of the appointment of co-trustee(s) or separate trustee(s) shall be
required under Section 8.08 hereof.

 

In
the case of any appointment of a co-trustee or separate trustee pursuant to this Section 8.10, all rights, powers, duties
and obligations conferred or imposed upon the Trustee shall be conferred or imposed upon and exercised or performed by the Trustee
and such separate trustee or co-trustee jointly (it being understood that such separate trustee or co-trustee is not authorized
to act separately without the Trustee joining in such act), except to the extent that under any law of any jurisdiction in which
any particular act or acts are to be performed (whether as Trustee hereunder or as successor to the Master Servicer hereunder),
the Trustee shall be incompetent or unqualified to perform such act or acts, in which event such rights, powers, duties and obligations
(including the holding of title to the Trust Fund or any portion thereof in any such jurisdiction) shall be exercised and performed
by such separate trustee or co-trustee solely at the direction of the Trustee.

 

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The
Depositor and the Trustee acting jointly may at any time accept the resignation of or remove any separate trustee or co-trustee,
or if the separate trustee or co-trustee is an employee of the Trustee, the Trustee acting alone may accept the resignation of
or remove any separate trustee or co-trustee.

 

Any
notice, request or other writing given to the Trustee shall be deemed to have been given to each of the then separate trustees
and co-trustees, as effectively as if given to each of them. Every instrument appointing any separate trustee or co-trustee shall
refer to this Agreement and the conditions of this Article VIII. Every such instrument shall be filed with the Trustee.
Each separate trustee and co-trustee, upon its acceptance of the trusts conferred, shall be vested with the estates or property
specified in its instrument of appointment, either jointly with the Trustee or separately, as may be provided therein, subject
to all the provisions of this Agreement, specifically including every provision of this Agreement relating to the conduct of,
affecting the liability of, or affording protection to, the Trustee. In no event shall any such separate trustee or co-trustee
be entitled to any provision relating to the conduct of, affecting the liability of, or affording protection to, such separate
trustee or co-trustee that imposes a standard of conduct less stringent than that imposed on the Trustee hereunder, affording
greater protection than that afforded to the Trustee hereunder or providing a greater limit on liability than that provided to
the Trustee hereunder.

 

Any
separate trustee or co-trustee may, at any time, constitute the Trustee its agent or attorney-in-fact, with full power and authority,
to the extent not prohibited by law, to do any lawful act under or in respect of this Agreement on its behalf and in its name.
If any separate trustee or co-trustee shall die, become incapable of acting, resign or be removed, all of its estates, properties,
rights, remedies and trusts shall vest in and be exercised by the Trustee, to the extent permitted by law, without the appointment
of a new or successor trustee.

 

Section
8.11 Access to Certain Information.

 

(a)           The Trustee, the Certificate Administrator and the Custodian shall afford to any Privileged Person (including the Operating Advisor
and the related Directing Holder) access to any documentation (other than any Privileged Information) regarding the Mortgage Loans
or the other assets of the Trust Fund that are in its possession or within its control. Such access shall be afforded without
charge but only upon reasonable prior written request and during normal business hours at the offices of the Trustee, the Certificate
Administrator or the Custodian, as applicable.

 

(b)           The Certificate Administrator shall maintain at its offices (or, in the case of the Mortgage Files, the Certificate Administrator
shall maintain or cause to be maintained at its offices or the offices of a Custodian appointed by it) (and, upon reasonable prior
written request and during normal business hours, shall make available or cause to be made available) for review by any Privileged
Person originals and/or copies of the following items (to the extent such items were prepared by or delivered to the Certificate
Administrator (or a Custodian appointed by it)):

 

(i)
            the Prospectus;

 

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(ii)            this Agreement, each Sub-Servicing Agreement delivered to the Certificate Administrator since the Closing Date (if any), the Mortgage
Loan Purchase Agreements and any amendments and exhibits hereto or thereto;

 

(iii)           all Certificate Administrator reports made available to holders of each relevant Class of Certificates since the Closing Date;

 

(iv)           all Distribution Date Statements and all CREFC® reports actually delivered or otherwise made available to Certificateholders
pursuant to Section 4.02 of this Agreement since the Closing Date;

 

(v)            the annual assessments as to compliance (in the case of the Master Servicer and the Special Servicer) and the Officer’s
Certificates delivered by the Master Servicer and the Special Servicer to the Certificate Administrator since the Closing Date
pursuant to Section 10.10 of this Agreement;

 

(vi)           the annual independent public accountants’ servicing report caused to be delivered by the Master Servicer and the Special
Servicer to the Certificate Administrator since the Closing Date pursuant to Section 10.10 of this Agreement;

 

(vii)          the most recent inspection report prepared by or on behalf of the Master Servicer or the Special Servicer, as applicable, and
delivered to the Certificate Administrator in respect of each Mortgaged Property pursuant to Section 3.18 of this Agreement;

 

(viii)         any and all notices and reports delivered to the Certificate Administrator with respect to any Mortgaged Property as to which
the environmental testing contemplated by Section 3.10(e) of this Agreement revealed that neither of the conditions set
forth in clauses (i) and (ii) thereof was satisfied;

 

(ix)           the Mortgage Files, including any and all modifications, waivers and amendments of the terms of the Mortgage Loans (or the Serviced
Loan Combinations) entered into or consented to by the Master Servicer, the Special Servicer, any Outside Servicer or any Outside
Special Servicer and delivered to the Certificate Administrator (or a Custodian appointed by it) pursuant to Section 3.24
of this Agreement;

 

(x)            the summary of each Final Asset Status Report delivered to the Certificate Administrator pursuant to Section 3.21(b) of
this Agreement and the annual, quarterly and monthly operating statements, if any, collected by or on behalf of the Master Servicer
or the Special Servicer, as applicable, and delivered to the Certificate Administrator for each Mortgaged Property, together with
the other information specified in Section 4.02(b) of this Agreement;

 

(xi)           any and all Officer’s Certificates and other evidence delivered to or by the Certificate Administrator to support its or
the Master Servicer’s, as the case may be, determination that any Advance was (or, if made, would be) a Nonrecoverable Advance;

 

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(xii)          notice of termination or resignation of the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations
Reviewer, the Certificate Administrator, the Trustee, any Outside Servicer, any Outside Special Servicer or any Outside Trustee
(and appointments of successors thereto);

 

(xiii)
        all Special Notices;

 

(xiv)         any Third Party Reports (or updates of Third Party Reports) delivered to the Certificate Administrator in electronic format; and

 

(xv)          any other information that may be necessary to satisfy the requirements of subsection (d)(4)(i) of Rule 144A;

 

provided
that any such Privileged Person that is a Certificateholder or Certificate Owner shall have delivered to the Certificate Administrator
an appropriate Investor Certification; and provided, further, that in no event shall an Excluded Controlling Class
Holder be entitled to Excluded Information with respect to an Excluded Controlling Class Mortgage Loan with respect to which it
is a Borrower Party.

 

Subject
to the two (2) provisos to the previous sentence, the Certificate Administrator shall provide, or cause to be provided, copies
of any and all of the foregoing items upon reasonable written request of any of the parties set forth in the previous sentence.

 

The
Certificate Administrator shall not be liable for providing or disseminating information in accordance with the terms of this
Agreement.

 

ARTICLE
IX

 

TERMINATION;
OPTIONAL MORTGAGE LOAN PURCHASE

 

Section
9.01 Termination; Optional Mortgage Loan Purchase.

 

(a)           The respective obligations and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor,
the Asset Representations Reviewer, the Certificate Administrator and the Trustee created hereby with respect to the Certificates,
the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other than the obligation to make certain
payments and to send certain notices to Certificateholders and the Uncertificated VRR Interest Owners as hereinafter set forth
and to make any required remittances to the Serviced Companion Loan Holders in the month in which the final Distribution Date
occurs and certain tax-related obligations) shall terminate immediately following the earlier to occur of (i) the purchase
by Holders of the Controlling Class, the Special Servicer, the Master Servicer or Holders of the Class R Certificates of all the
Mortgage Loans and REO Properties (or interests therein) then included in the Trust Fund pursuant to subsection (c), (ii)
the exchange by the Remaining Certificateholder of its Certificates and the Uncertificated VRR Interest for all the Mortgage Loans
and REO Properties (or interests therein) then included in the Trust Fund pursuant to subsection (h) and (iii) the final
payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan or REO Property (or interest therein)
contained in the Trust Fund; provided, however, that in no event shall the trust created hereby continue beyond
the

 

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expiration
of twenty-one years from the death of the last survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United
States to the United Kingdom, living on the date hereof. All such payments as contemplated by the preceding paragraph shall be
deposited into the Collection Account by the Master Servicer or Special Servicer, as applicable, promptly following receipt thereof.

 

(b)          In connection with a termination contemplated by Section 9.01(a) of this Agreement, the Trust REMICs outstanding shall
be terminated and the assets of the Lower-Tier REMIC shall be sold or otherwise disposed of in connection therewith, pursuant
to a “plan of complete liquidation” within the meaning of Code Section 860F(a)(4)(A) providing for the actions contemplated
by the provisions hereof pursuant to which the applicable Notice of Termination is given and requiring that the assets of the
Lower-Tier REMIC shall be sold for cash and that each such Trust REMIC shall terminate on a Distribution Date occurring not more
than 90 days following the date of adoption of the plan of complete liquidation. For purposes of this Section 9.01(b),
the Notice of Termination given pursuant to Section 9.01(c) shall constitute the adoption of the plan of complete liquidation
as of the date such notice is given, which date shall be specified by the Certificate Administrator in the final federal income
tax returns of each Trust REMIC. Notwithstanding the termination of the Trust REMICs, or the Trust Fund, the Certificate Administrator
shall be responsible for filing the final Tax Returns for the Trust REMICs and for the Grantor Trust for the period ending with
such termination, and shall maintain books and records with respect to the Trust REMICs and the Grantor Trust for the period for
which it maintains its own tax returns or other reasonable period.

 

(c)           The Holders of the Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or,
if such Holders do not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or,
if none of such Holders, the Special Servicer or the Master Servicer does, any Holders of Class R Certificates representing greater
than a 50% Percentage Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less than 30 days’
prior notice given to the parties (or, if applicable, the other parties) to this Agreement (whereupon the Master Servicer shall
notify the Serviced Companion Loan Holders) any time on or after the Early Termination Notice Date specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the Mortgage Loans (and in the case of any such Mortgage
Loan that is part of a Serviced Loan Combination, subject to certain rights of the related Serviced Companion Loan Holder(s) provided
for in the related Co-Lender Agreement) then included in the Trust Fund, and all property acquired by or on behalf of the Trust
Fund (including the Trust Fund’s interest in any REO Property acquired with respect to any Outside Serviced Mortgage Loan)
in respect of any Mortgage Loan then included in the Trust Fund, at a purchase price, payable in cash, equal to (i) the sum of
(A) the Termination Purchase Amount and (B) the reasonable out-of-pocket expenses of the Master Servicer (unless the Master Servicer
is the purchaser of such Mortgage Loans), the Special Servicer (unless the Special Servicer is the purchaser of such Mortgage
Loans), the Trustee and the Certificate Administrator, as applicable, with respect to such termination, minus (ii) solely in the
case where the Master Servicer or the Special Servicer is effecting such purchase, the aggregate amount of unreimbursed Advances,
if any, made by the Master Servicer or Special Servicer, as applicable, together with any interest accrued and payable to the
Master Servicer or the Special Servicer, as applicable, in respect of such Advances and any unpaid Servicing Fees or Special Servicing
Fees, as applicable, remaining outstanding (which items will be deemed to have been

 

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paid
or reimbursed to the Master Servicer or the Special Servicer, as applicable, in connection with such purchase).

 

Any
Person(s) effecting an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling
Class Representative and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination
by the Holder of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least
30 days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to this Agreement or
by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant to this Section
9.01(c) shall be borne by the party exercising its purchase rights hereunder. The Certificate Administrator shall be entitled
to rely conclusively on any determination made by an Appraiser pursuant to this subsection (c).

 

(d)           If the Trust Fund has not been previously terminated pursuant to subsection (c) or subsection (h) of this Section
9.01, the Certificate Administrator shall determine as soon as practicable the Distribution Date on which the Certificate
Administrator reasonably anticipates, based on information with respect to the Mortgage Loans previously provided to it, that
the final distribution will be made (i) to the Holders of outstanding Regular Certificates (exclusive of the Class VRR Certificates),
to the Holders of outstanding Class VRR Certificates and the Uncertificated VRR Interest Owners and to the Certificate Administrator
in respect of the Lower-Tier Regular Interests, notwithstanding that such distribution may be insufficient to distribute in full
an amount equal to the remaining Certificate Balance, Uncertificated VRR Interest Balance or Lower-Tier Principal Balance, as
applicable, of each such Class of Certificates, the Uncertificated VRR Interest, and each such Lower-Tier Regular Interests, together
with amounts required to be distributed on such Distribution Date pursuant to Section 4.01 of this Agreement (or, if the
Regular Certificates and the Uncertificated VRR Interest are no longer outstanding, to the Holders of the Class R Certificates)
and (ii) to the Holders of the Grantor Trust Certificates and the Uncertificated VRR Interest Owners, of any amount remaining
in the Collection Account, the Lower-Tier REMIC Distribution Account, the Upper-Tier REMIC Distribution Account, the Excess Interest
Distribution Account and/or the Excess Liquidation Proceeds Reserve Account, as applicable, in any case, following the later to
occur of (a) the receipt or collection of the last payment due on any Mortgage Loan included in the Trust Fund or (b) the liquidation
or disposition pursuant to Section 3.17 of this Agreement of the last asset held by the Trust Fund.

 

(e)           Notice of any termination of the Trust Fund pursuant to this Section 9.01 shall be mailed by the Certificate Administrator
to affected Certificateholders and affected Uncertificated VRR Interest Owners at their addresses shown in the Certificate Register
(with a copy to the Master Servicer, the Special Servicer and, for posting to the Rule 17g-5 Information Provider’s Website
pursuant to Section 12.13 of this Agreement, the Rule 17g-5 Information Provider) as soon as practicable after the Certificate
Administrator shall have received, given or been deemed to have received a Notice of Termination but in any event not more than
thirty days, and not less than ten days, prior to the Anticipated Termination Date. The notice mailed by the Certificate Administrator
to affected Certificateholders and affected Uncertificated VRR Interest Owners shall:

 

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(i)             specify the Anticipated Termination Date on which the final distribution is anticipated to be made to Holders of Certificates
of the Classes specified therein and the affected Uncertificated VRR Interest Owners;

 

(ii)
           specify the amount of any such final distribution, if known; and

 

(iii)           state that the final distribution to Certificateholders will be made only upon presentation and surrender of Certificates at the
office of the Paying Agent therein specified and to an Uncertificated VRR Interest Owner only upon delivery of a written instrument
surrendering the applicable Uncertificated VRR Interest Portion and acknowledging that such distribution is the final distribution.

 

If
the Trust Fund is not terminated on any Anticipated Termination Date for any reason, the Certificate Administrator shall promptly
mail notice thereof to each affected Certificateholder and each affected Uncertificated VRR Interest Owner.

 

(f)            Any funds not distributed on the Termination Date because of the failure of any Certificateholders to tender their Certificates
or the failure of any Uncertificated VRR Interest Owner(s) to surrender their Uncertificated VRR Interest Portion(s) shall be
set aside and held in trust for the account of the appropriate non-tendering Certificateholders or the non-surrendering Uncertificated
VRR Interest Owner(s), whereupon the Trust Fund shall terminate. If any Certificates or Uncertificated VRR Interest Portion(s)
as to which notice of the Termination Date has been given pursuant to this Section 9.01 shall not have been surrendered for cancellation
within six months after the time specified in such notice, the Certificate Administrator shall mail a second notice to the remaining
Certificateholders or Uncertificated VRR Interest Owner(s), as applicable, at their last addresses shown in the Certificate Register,
to surrender their Certificates or Uncertificated VRR Interest Portion(s), as applicable, for cancellation in order to receive,
from such funds held, the final distribution with respect thereto. If within one year after the second notice any Certificate
or Uncertificated VRR Interest Portion shall not have been surrendered for cancellation, the Certificate Administrator may, directly
or through an agent, take appropriate steps to contact the remaining Certificateholders or Uncertificated VRR Interest Owner(s),
as applicable, concerning surrender of their Certificates or Uncertificated VRR Interest Portion(s), as applicable. The costs
and expenses of maintaining such funds and of contacting Certificateholders or Uncertificated VRR Interest Owner(s) shall be paid
out of the assets which remain held. Subject to applicable state law with respect to escheatment of funds, if within two years
after the second notice any Certificates or Uncertificated VRR Interest Portion(s) shall not have been surrendered for cancellation,
the Paying Agent shall pay to the Class R Certificateholders all amounts distributable to the Holders thereof or the applicable
Uncertificated VRR Interest Owner(s), as applicable. No interest shall accrue or be payable to any Certificateholder or any Uncertificated
VRR Interest Owner on any amount held as a result of such Certificateholder’s failure to surrender its Certificate(s) or
such Uncertificated VRR Interest Owner’s failure to surrender its Uncertificated VRR Interest Portion, as applicable, for
final payment thereof in accordance with this Section 9.01.

 

(g)           For purposes of this Section 9.01, the Remaining Certificateholder shall have the first option to terminate the Trust Fund
pursuant to subsection (h), and then the Holders of the Controlling Class representing more than 50% of the Certificate
Balance of the Controlling

 

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Class,
and then the Special Servicer, and then the Master Servicer, and then the Holders of Class R Certificates representing more than
50% of the Percentage Interests in such Class, in each of the last four cases, pursuant to subsection (c).

 

(h)           Following the date on which the Class X-A Notional Amount and the Class X-D Notional Amount and the aggregate Certificate Balance
of the Class A-1, Class A-2, Class A-3-1, Class A-3-2, Class A-4-1, Class A-4-2, Class A-5, Class A-SB, Class A-S, Class B, Class
C, Class D and Class E Certificates are reduced to zero, the Remaining Certificateholder shall have the right to exchange all
of its Certificates (but excluding the Class S and Class R Certificates) and the Uncertificated VRR Interest for all of the Mortgage
Loans and each REO Property (and including the Trust Fund’s interest in any REO Property acquired with respect to the Outside
Serviced Mortgage Loans and/or the Serviced Loan Combinations) remaining in the Trust Fund as contemplated by clause (ii) of Section
9.01(a) by giving written notice to all the parties hereto no later than 60 days prior to the anticipated date of exchange;
provided that such Remaining Certificateholder shall pay the Master Servicer an amount equal to (i) the product of (A)
the Prime Rate, (B) the aggregate Certificate Balance of the then-outstanding Principal Balance Certificates as of the day of
the exchange and (C) three, divided by (ii) 360. In the event that the Remaining Certificateholder elects to exchange all of the
Certificates (other than the Class S and Class R Certificates) and the Uncertificated VRR Interest for all of the Mortgage Loans
and each REO Property (and including the Trust Fund’s interest in any REO Property acquired with respect to the Outside
Serviced Mortgage Loans and/or the Serviced Loan Combinations) remaining in the Trust Fund in accordance with the preceding sentence,
such Remaining Certificateholder, not later than the Termination Date, shall deposit in the Collection Account an amount in immediately
available funds equal to all amounts due and owing to the Depositor, the Master Servicer, the Special Servicer, the Operating
Advisor, the Certificate Administrator and the Trustee hereunder through the date of the liquidation of the Trust Fund that may
be withdrawn from the Collection Account or a Distribution Account, but only to the extent that such amounts are not already on
deposit in the Collection Account. Upon confirmation that such final deposits have been made and following the surrender of all
remaining Certificates (other than the Class S and Class R Certificates) and the Uncertificated VRR Interest by the Remaining
Certificateholder on the Termination Date, the Custodian shall, upon receipt of a Request for Release from the Master Servicer,
release or cause to be released to the Remaining Certificateholder or any designee thereof, the Mortgage Files for the remaining
Mortgage Loans and shall execute all assignments, endorsements and other instruments furnished to it by the Remaining Certificateholder
as shall be necessary to effectuate transfer of the Mortgage Loans and REO Properties (and including the Trust Fund’s interest
in any REO Property acquired with respect to the Outside Serviced Mortgage Loans and/or the Serviced Loan Combinations) remaining
in the Trust Fund, and the Trust Fund shall be liquidated in accordance with this Section 9.01. Thereafter, the Trust Fund
and the respective obligations and responsibilities under this Agreement of the Depositor, the Master Servicer, the Special Servicer,
the Operating Advisor, the Certificate Administrator and the Trustee (other than the making of certain payments to Certificateholders,
the Uncertificated VRR Interest Owners and Serviced Companion Loan Holders, sending of certain notices, the maintenance of books
and records and the preparation and filing of final tax returns), shall terminate. Such transfers shall be subject to any rights
of any Sub-Servicers to service (or to perform select servicing functions with respect to) the Mortgage Loans. For federal income
tax purposes, the Remaining Certificateholder shall be deemed to have purchased the assets of the Lower-Tier REMIC for an amount
equal to the remaining Certificate Balance of its remaining Certificates

 

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(other
than the Class S and Class R Certificates) and the principal amount of the Uncertificated VRR Interest, plus accrued and unpaid
interest with respect thereto, and the Certificate Administrator shall credit such amounts against amounts distributed in respect
of the Lower-Tier Regular Interests and such Certificates and the Uncertificated VRR Interest. The remaining Mortgage Loans and
REO Properties (or the Trust’s interests therein) are deemed distributed to the Remaining Certificateholder in liquidation
of the Trust Fund pursuant to this Section 9.01.

 

ARTICLE
X

 

EXCHANGE
ACT REPORTING AND REGULATION AB COMPLIANCE

 

Section
10.01 Intent of the Parties; Reasonableness.

 

The
parties hereto acknowledge and agree that the purpose of Article X of this Agreement is to facilitate compliance by the Depositor
and any Other Depositor with the provisions of Regulation AB and the related rules and regulations of the Commission. The Depositor
shall not, and no Other Depositor may, exercise its rights to request delivery of information or other performance under these
provisions other than in good faith, or for purposes other than compliance with the Act, the Exchange Act and the Sarbanes-Oxley
Act. The parties hereto acknowledge that interpretations of the requirements of Regulation AB may change over time due to interpretive
guidance provided by the Commission or its staff, and agree to comply with reasonable requests made by the Depositor, or any Other
Depositor, in good faith for delivery of information under these provisions on the basis of such evolving interpretations of Regulation
AB. In connection with the Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35,
and any Serviced Companion Loan Securities, each of the parties to this Agreement shall cooperate fully with the Depositor, the
Certificate Administrator, any Other Depositor and any Other Exchange Act Reporting Party, as applicable, to deliver to the Depositor
or Other Depositor, as applicable (including any of its assignees or designees), any and all statements, reports, certifications,
records and any other information in its possession or reasonably available to it and necessary in the reasonable good faith determination
of the Depositor, the Certificate Administrator, any Other Depositor or any Other Exchange Act Reporting Party, as applicable,
to permit the Depositor or any Other Depositor, as applicable, to comply with the provisions of Regulation AB, together with such
disclosures relating to the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer,
the Custodian, the Certificate Administrator and the Trustee, as applicable, and any Sub-Servicer, or the servicing of the Mortgage
Loans and Serviced Loan Combinations, reasonably believed by the Depositor or any Other Depositor, as applicable, to be necessary
in order to effect such compliance.

 

Section
10.02 Succession; Sub-Servicers; Subcontractors.

 

(a)           For so long as the Trust or any Other Securitization Trust is subject to the reporting requirements of the Exchange Act (in addition
to any requirements contained in Section 10.07 of this Agreement), in connection with the succession to the Master Servicer,
the Special Servicer or any Sub-Servicer as servicer or sub-servicer (to the extent such Sub-Servicer is a “servicer”
as contemplated by Item 1108(a)(2) of Regulation AB) or succession to the Certificate Administrator under this Agreement by any
Person (i) into which the Master Servicer,

 

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the
Special Servicer, such Sub-Servicer or Certificate Administrator may be merged or consolidated, or (ii) which may be appointed
as a successor to the Master Servicer, the Special Servicer, any such Sub-Servicer or Certificate Administrator, the Certificate
Administrator (or, in the case of a successor to the Certificate Administrator, the Trustee) shall provide to the Depositor, as
well as any Other Depositor as to which the applicable Companion Loan is affected, at least five (5) Business Days prior to the
effective date of such succession or appointment as long as such disclosure prior to such effective date would not be violative
of any applicable law or confidentiality agreement, otherwise no later than one (1) Business Day after such effective date, (x)      
written notice to the Depositor and each such Other Depositor of such succession or appointment and (y) in writing and in form
and substance reasonably satisfactory to the Depositor and each such Other Depositor, all information relating to such successor
(which such successor Master Servicer, Special Servicer, Sub-Servicer or Certificate Administrator shall be required to provide)
reasonably requested by the Depositor or any such Other Depositor in order to comply with its reporting obligation under Item
6.02 of Form 8-K pursuant to the Exchange Act (if such reports under the Exchange Act are required to be filed under the Exchange
Act). The Certificate Administrator (or the Trustee, if applicable) shall provide similar notice to the Depositor and each such
Other Depositor in connection with any resignation or termination of the Master Servicer, the Special Servicer, any Sub-Servicer
or the Certificate Administrator. In addition, with respect to each Serviced Companion Loan, the Certificate Administrator shall
comply with the Trust’s obligations under each Co-Lender Agreement (including with respect to the provision of any required
notices) in connection with any resignation, termination, replacement or appointment of the Master Servicer, the Special Servicer,
any Sub-Servicer or the Certificate Administrator or any successor thereto.

 

(b)           For so long as the Trust or any Other Securitization Trust is subject to the reporting requirements of the Exchange Act, if the
Master Servicer, the Special Servicer, any Sub-Servicer, the Custodian, the Trustee and the Certificate Administrator (each of
the Master Servicer, the Special Servicer, the Custodian, the Trustee and the Certificate Administrator and each Sub-Servicer,
for purposes of this Section 10.02(b), Section 10.02(c), Section 10.02(d) and Section 10.17, a “Servicer”)
utilizes one or more Subcontractors to perform certain of its obligations hereunder, such Servicer shall promptly upon request
provide to the Depositor, as well as any Other Depositor as to which the applicable Serviced Companion Loan is affected, a written
description (in form and substance satisfactory to the Depositor and each such Other Depositor) of the role and function of each
Subcontractor that is a Servicing Function Participant utilized by such Servicer during the preceding calendar year, specifying
(i) the identity of such Subcontractor, and (ii) which elements of the Servicing Criteria will be addressed in assessments of
compliance provided by each such Subcontractor. Each Servicer shall cause any Subcontractor determined to be a Servicing Function
Participant used by such Servicer for the benefit of the Depositor to comply with the provisions of Section 10.09 and Section
10.10 of this Agreement to the same extent as if such Subcontractor were such Servicer. Such Servicer shall obtain from each
such Subcontractor (or, in the case of each Sub-Servicer set forth on Exhibit S, shall use commercially reasonable efforts
to cause such Sub-Servicer) and deliver to the applicable Persons any assessment of compliance report and related accountant’s
attestation required to be delivered by such Subcontractor under Section 10.09 and Section 10.10 of this Agreement,
in each case, as and when required to be delivered.

 

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(c)           For so long as the Trust or any Other Securitization Trust is subject to the reporting requirements of the Exchange Act, notwithstanding
the foregoing, if a Servicer engages a Subcontractor in connection with the performance of any of its duties under this Agreement,
such Servicer shall be responsible for determining whether such Subcontractor is a “servicer” within the meaning of
Item 1101 of Regulation AB and whether such Subcontractor meets the criteria in Item 1108(a)(2)(i), (ii) or (iii) of Regulation
AB. If a Servicer determines, pursuant to the preceding sentence, that such Subcontractor is a “servicer” within the
meaning of Item 1101 of Regulation AB and meets the criteria in Item 1108(a)(2)(i), (ii) or (iii) of Regulation AB, then the engagement
of such Subcontractor shall not be effective unless and until notice is given to the Depositor and the Certificate Administrator,
as well as any Other Depositor as to which the applicable Companion Loan is affected, of any such Subcontractor and sub-servicing
agreement and, if such Subcontractor is engaged by the Master Servicer or the Special Servicer, such Subcontractor shall be deemed
to be a Sub-Servicer for purposes of this Agreement. Written notice of the engagement of such Subcontractor and the related Sub-Servicing
Agreement (other than such agreements set forth on Exhibit S hereto) (with respect to the Master Servicer or the Special
Servicer) or sub-servicing agreement (with respect to any other Servicer) shall be delivered to the Depositor, the Certificate
Administrator and each such Other Depositor at least five (5) Business Days prior to the effective date of such engagement. Such
notice shall contain all information reasonably necessary, and in such form as may be necessary, to enable the Certificate Administrator,
as well as any Other Exchange Act Reporting Party as to which the applicable Serviced Companion Loan is affected, to accurately
and timely report the event under Item 6.02 of Form 8-K pursuant to Section 10.07 of this Agreement (if such reports under
the Exchange Act are required to be filed under the Exchange Act).

 

(d)           For so long as the Trust or any Other Securitization Trust is subject to the reporting requirements of the Exchange Act, notwithstanding
the foregoing and subject to Section 3.01(c) of this Agreement, if the Master Servicer or the Special Servicer engages
a Sub-Servicer or if any other Servicer engages a sub-servicer, in each case, in connection with the performance of any of the
duties of the Master Servicer, the Special Servicer or such other Servicer, as applicable, under this Agreement and the related
Sub-Servicing Agreement (with respect to the Master Servicer or the Special Servicer) or sub-servicing agreement (with respect
to any other Servicer) is either (i) assigned (other than, in the case of a Sub-Servicer engaged by the Master Servicer, an assignment
to the Master Servicer) or (ii) amended or modified and the Master Servicer, the Special Servicer or such other Servicer, as applicable,
determines that, as a result of such amendment or modification, the Sub-Servicer or sub-servicer, as applicable, would become
a “servicer” within the meaning of Item 1101 of Regulation AB that (1) meets the criteria in Item 1108(a)(2)(i), (ii)
or (iii) of Regulation AB or (2) meets the criteria in Item 1108(a)(2)(iii) of Regulation AB and services 20% or more of the pool
assets, then the Master Servicer, the Special Servicer or such other Servicer, as applicable, shall provide written notice of
such amendment, modification or assignment to the Depositor and the Certificate Administrator, as well as any Other Depositor
as to which the applicable Companion Loan is affected at least five (5) Business Days prior to the effective date of such amendment,
modification or assignment (or if such prior notice would be violative of applicable law or any applicable confidentiality agreement,
no later than the time required under Section 10.07 of this Agreement). Such notice shall contain all information reasonably
necessary, and in such form as may be necessary, to enable the Certificate Administrator, as well as any Other Exchange Act Reporting
Party as to which the applicable Serviced Companion Loan is affected, to accurately and timely report the event under Item 6.02

 

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of
Form 8-K pursuant to Section 10.07 of this Agreement (if such reports under the Exchange Act are required to be filed under
the Exchange Act).

 

(e)           For so long as the Trust or any Other Securitization Trust is subject to the reporting requirements of the Exchange Act, in connection
with the succession to the Trustee or Certificate Administrator under this Agreement by any Person (i) into which the Trustee
or Certificate Administrator may be merged or consolidated, or (ii) which may be appointed as a successor to the Trustee or Certificate
Administrator, the Trustee or Certificate Administrator, as applicable, shall notify the Depositor and each Other Depositor, at
least ten (10) Business Days prior to the effective date of such succession or appointment (or if such prior notice would be violative
of applicable law or any applicable confidentiality agreement, no later than the time required under Section 10.07 of this
Agreement) and shall furnish pursuant to Section 10.07 of this Agreement to the Depositor and each Other Depositor in writing
and in form and substance reasonably satisfactory to the Depositor and each Other Depositor, all information reasonably necessary
for the Certificate Administrator, the Trustee and each Other Exchange Act Reporting Party to accurately and timely report the
event under Item 6.02 of Form 8-K pursuant to Section 10.07 of this Agreement or otherwise (if such reports under the Exchange
Act are required to be filed under the Exchange Act).

 

Section
10.03 Filing Obligations.

 

(a)           The Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian, the Certificate
Administrator and the Trustee shall (and shall cause (or, in the case of a Mortgage Loan Seller Sub-Servicer, shall use commercially
reasonable efforts to cause) each Additional Servicer and Servicing Function Participant utilized thereby to) reasonably cooperate
with the Depositor and each Other Depositor in connection with the satisfaction of the Trust’s and each Other Securitization
Trust’s reporting requirements under the Exchange Act. Pursuant to Section 10.04, Section 10.05 and Section
10.07, the Certificate Administrator shall prepare for execution by the Depositor any Forms 10-D, ABS-EE, 10-K and 8-K required
by the Exchange Act with respect to the Trust, in order to permit the timely filing thereof, and the Certificate Administrator
shall file (via the Commission’s Electronic Data Gathering and Retrieval System) such Forms executed by the Depositor.

 

(b)           In the event that the Certificate Administrator is unable to timely file with the Commission or deliver to any Other Depositor
or Other Exchange Act Reporting Party as to which the applicable Companion Loan is affected, all or any required portion of any
Form 8-K, 10-D, ABS-EE or 10-K required to be filed by this Agreement because required disclosure information was either not delivered
to it or delivered to it after the delivery deadlines set forth in this Agreement, the Certificate Administrator shall promptly
as soon as practicable, but in no event later than twenty-four (24) hours after determination (but if the next calendar day is
not a Business Day, then in no event later than 10:00 a.m., New York time, on the next Business Day), notify the Depositor, such
Other Depositor or Other Exchange Act Reporting Party thereof. In the case of Forms 10-D, ABS-EE and 10-K, the Depositor and the
Certificate Administrator will thereupon cooperate to prepare and file a Form 12b-25 and a Form 10-D/A, Form ABS-EE/A or Form
10-K/A, as applicable, pursuant to Rule 12b-25 of the Exchange Act. In the case of Form 8-K, the Certificate Administrator will,
upon receipt of all required Form 8-K Disclosure Information, include such disclosure information on the next succeeding Form
10-D to be filed for

 

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the
Trust. In the event that any previously filed Form 8-K or Form 10-K needs to be amended, the Certificate Administrator will notify
the Depositor thereof, and such other parties as needed and the parties hereto will cooperate with the Certificate Administrator
to prepare any necessary Form 8-K/A or Form 10-K/A. In the event that any previously filed Form 10-D or Form ABS-EE needs to be
amended, the Certificate Administrator shall notify the Depositor thereof, and such other parties as needed, and the parties hereto
shall cooperate to prepare any necessary Form 10-D/A or Form ABS-EE/A. Any Form 12b-25 or any amendment to Form 8-K, Form 10-D,
Form ABS-EE/A or Form 10-K shall be signed by an officer of the Depositor. The parties to this Agreement acknowledge that the
performance by the Certificate Administrator of its duties under this Section 10.03 related to the timely preparation and
filing of Form 12b-25 or any amendment to Form 8-K, Form 10-D, Form ABS-EE or Form 10-K is contingent upon such parties observing
all applicable deadlines in the performance of their duties under this Article X. The Certificate Administrator shall have
no liability for any loss, expense, damage, or claim arising out of or with respect to any failure to properly prepare, arrange
for execution and/or timely file any such Form 12b-25 or any amendments to Form 8-K, Form 10-D, Form ABS-EE or Form 10-K, where
such failure results from the Certificate Administrator’s inability or failure to receive, on a timely basis, any information
from any other party hereto needed to prepare, arrange for execution or file such Form 12b-25 or any amendments to Forms 8-K,
Form 10-D, Form ABS-EE or Form 10-K, not resulting from its own negligence, bad faith or willful misconduct.

 

Section
10.04 Form 10-D and Form ABS-EE Filings.

 

(a)           Within 15 calendar days after each Distribution Date (subject to permitted extensions under the Exchange Act), the Certificate
Administrator shall prepare and file on behalf of the Trust any Form 10-D and Form ABS-EE then required by the Exchange Act, in
form and substance as then required by the Exchange Act; provided that, in connection with the filing of the Prospectus
and the Preliminary Prospectus with respect to the Public Certificates, the Depositor shall file any related Form ABS-EE required
to be filed with the Commission and incorporated by reference into each such document. The Certificate Administrator shall file
each Form 10-D with a copy of the related Distribution Date Statement attached thereto; provided that the Certificate Administrator
shall redact from such Distribution Date Statement any information relating to the ratings of the Certificates and the identity
of the Rating Agencies. Any disclosure in addition to the Distribution Date Statement that is required to be included on Form
10-D and/or Form ABS-EE (“Additional Form 10-D Disclosure”) shall, pursuant to the following paragraph, be
(i) reported by the parties set forth on Exhibit U to this Agreement to the Depositor, the Certificate Administrator and
each Other Depositor and Other Exchange Act Reporting Party to which such Additional Form 10-D Disclosure is relevant for Exchange
Act reporting purposes and (ii) approved by the Depositor and each such Other Depositor, and the Certificate Administrator will
have no duty or liability for any failure hereunder to determine or prepare any Additional Form 10-D Disclosure absent such reporting,
direction and approval.

 

For
so long as the Trust or any Other Securitization Trust is subject to the reporting requirements of the Exchange Act, within one
(1) Business Day after the related Distribution Date (using commercially reasonable efforts), but in no event later than noon
(New York City time) on the third Business Day after the related Distribution Date, (i) certain parties to this Agreement, as
set forth on Exhibit U to this Agreement, shall be required to provide to the Certificate Administrator, the Depositor,
and each Other Exchange Act Reporting Party and Other Depositor

 

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to
which the particular Additional Form 10-D Disclosure is relevant for Exchange Act reporting purposes, to the extent a Servicing
Officer or Responsible Officer thereof has knowledge thereof (other than information required by Item 1117 of Regulation AB as
to such party which shall be reported if actually known by any Servicing Officer or Responsible Officer, as the case may be, or
any lawyer in the in-house legal department of such party) in EDGAR-Compatible Format (to the extent available to such party in
such format) or (in the case of asset-level information required by Item 1A on Form 10-D) XML Format or in such other format as
otherwise agreed upon by the Certificate Administrator, the Depositor and each such Other Exchange Act Reporting Party, each such
Other Depositor and such parties, the form and substance of the Additional Form 10-D Disclosure, if applicable, (ii) the parties
listed on Exhibit U to this Agreement shall include with such Additional Form 10-D Disclosure applicable to such party
and shall cause each Sub-Servicer (or, in the case of each Sub-Servicer set forth on Exhibit S, shall use commercially
reasonable efforts to cause such Sub-Servicer) and Subcontractor of such party to the extent required under Regulation AB to provide,
and if received, include, an Additional Disclosure Notification in the form attached as Exhibit W-1 to this Agreement (except
with respect to the reporting of balances of the Collection Account, each Loan Combination Custodial Account and each REO Account
which shall be delivered in the form of Exhibit W-2 hereto, and the Special Servicer shall provide in the form of Exhibit
W-2 any information relating to any REO Account to be reported under “Item 9: Other Information” on Exhibit
U to the Master Servicer within four (4) calendar days after the related Distribution Date) and (iii) the Depositor shall
approve, as to form and substance, or disapprove, as the case may be, the inclusion of the Additional Form 10-D Disclosure on
Form 10-D or (in the case of asset-level information required by Item 1A on Form 10-D) Form ABS-EE with respect to the Trust;
provided that any Depositor’s approval pursuant to this clause (iii) shall not relieve any parties listed on Exhibit
U of its obligations to provide Additional Form 10-D Disclosure that is true and accurate in all material respects and in
compliance with all applicable requirements of the Securities Act and the Exchange Act, and the rules and regulations promulgated
thereunder. The Certificate Administrator has no duty under this Agreement to monitor or enforce the performance by the parties
listed on Exhibit U to this Agreement of their duties under this paragraph or proactively solicit or procure from such
parties any Additional Form 10-D Disclosure information. The Depositor will be responsible for any reasonable fees assessed or
expenses incurred by the Certificate Administrator in connection with including any Additional Form 10-D Disclosure on Form 10-D
or (in the case of asset-level information required by Item 1A on Form 10-D) Form ABS-EE with respect to the Trust pursuant to
this paragraph.

 

(b)                
Any Form 10-D filed by the Certificate Administrator with respect to the Trust shall (i) include the information required by Rule
15Ga-1(a) of the Exchange Act concerning all assets of the Trust that were subject of a demand for the repurchase of, or the substitution
of a Qualified Substitute Mortgage Loan for, a Mortgage Loan contemplated by Section 2.03(a) of this Agreement, (ii) include
a reference to the most recent Form ABS-15G filed by the Depositor and the Commission’s assigned “Central Index Key”
for the Depositor, which information the Depositor shall deliver to the Certificate Administrator, (iii) include a reference to
the most recent Form ABS-15G filed by each Mortgage Loan Seller and the Commission’s assigned “Central Index Key”
for each such filer, which information each Mortgage Loan Seller is required to deliver to the Certificate Administrator pursuant
to Section 6(i) of the applicable Mortgage Loan Purchase Agreement, (iv) incorporate by reference the Form ABS-EE filing for the
related reporting period (which Form ABS-EE disclosures shall be filed at the time of each filing of the applicable report on
Form 10-D with respect to each Mortgage Loan that was part of the Mortgage Pool during any

 

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portion
of the related reporting period), (v) to the extent such information is provided to the Certificate Administrator by the Master
Servicer in the form of Exhibit W-2 hereto for inclusion therein within the time period described in this Section 10.04,
the balances of the Collection Account, each Loan Combination Custodial Account and each REO Account (to the extent the related
information has been received from the Special Servicer within the time period specified in this Section 10.04), in each
case as of the related Distribution Date and as of the immediately preceding Distribution Date and (vi) the balance of the Distribution
Account, the Interest Reserve Account, the Excess Interest Distribution Account and the Excess Liquidation Proceeds Reserve Account,
in each case as of the related Distribution Date and as of the immediately preceding Distribution Date.

 

(c)           With respect to any Mortgage Loan that permits Additional Debt or mezzanine debt in the future, the Certificate Administrator
shall include as part of any applicable Form 10-D filed by it (to the extent it receives such information from the Master Servicer
(with respect to Non-Specially Serviced Loans as to which the Master Servicer has knowledge or notice of any applicable Additional
Debt or mezzanine debt) or the Special Servicer (with respect to Specially Serviced Mortgage Loans as to which the Special Servicer
has knowledge or notice of any applicable Additional Debt or mezzanine debt)) the identity of such Mortgage Loan and, to the extent
such information is received by the Certificate Administrator from the Master Servicer (with respect to Non-Specially Serviced
Loans as to which the Master Servicer has knowledge or notice of any applicable Additional Debt or mezzanine debt) or the Special
Servicer (with respect to Specially Serviced Mortgage Loans as to which the Special Servicer has knowledge or notice of any applicable
Additional Debt or mezzanine debt), substantially in the form of Exhibit W-3 (A)      the
amount of any such Additional Debt or mezzanine debt, as applicable, that is incurred during the related Collection Period, (B)
the total debt service coverage ratio calculated on the basis of such Mortgage Loan and such Additional Debt or mezzanine debt,
as applicable, and (C) the aggregate LTV Ratio calculated on the basis of such Mortgage Loan and such Additional Debt or mezzanine
debt, as applicable.

 

(d)           The Depositor hereby directs the Certificate Administrator to include the following individual’s name and phone number on
the cover of Forms 10-D and ABS-EE for each reporting period: Name: Richard Simpson, Telephone: (212) 816-5343. The Certificate
Administrator may rely without further investigation that this information remains correct unless and until the Depositor provides
the Certificate Administrator with a new individual’s name and phone number in writing.

 

(e)           Upon receipt of the Asset Review Report Summary from the Asset Representations Reviewer required to be delivered pursuant to Section
11.01(b), the Certificate Administrator shall (i) include such Asset Review Report Summary in Item 1B on the Form 10-D relating
to the Collection Period in which such Asset Review Report Summary was delivered, and (ii)     post such
Asset Review Report Summary to the Certificate Administrator’s Website not later than two (2) Business Days after receipt
of such Asset Review Report Summary from the Asset Representations Reviewer.

 

(f)            To the extent the Certificate Administrator receives a request from any Certificateholder or Certificate Owner to communicate
with other Certificateholders or Certificate Owners pursuant to Section 5.07, the Certificate Administrator shall include
on the Form 10-D

 

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relating
to the reporting period in which such request was received disclosure regarding the request to communicate, and such disclosure
is required to include the following and no more than the following: (a) the name of the Certificateholder or Certificate Owner
making the request, (b) the date the request was received, (c) a statement to the effect that the Certificate Administrator has
received such request, stating that such Certificateholder or Certificate Owner is interested in communicating with other Certificateholders
or Certificate Owners with regard to the possible exercise of rights under this Agreement, and (d) a description of the method
other Certificateholders or Certificate Owners may use to contact the requesting Certificateholder or Certificate Owner.

 

(g)           At the time required under Section 10.04(a), the Certificate Administrator shall file each Form ABS-EE with a copy of the
related CREFC® Schedule AL File received by the Certificate Administrator pursuant to Section 4.02(b) as
Exhibit 102 thereto. To the extent the Certificate Administrator receives any Schedule AL Additional File with respect to such
Form ABS-EE pursuant to Section 4.02(b), the Certificate Administrator shall file such Schedule AL Additional File as Exhibit
103 to such Form ABS-EE. The Certificate Administrator shall not be required to combine multiple CREFC® Schedule
AL Files or Schedule AL Additional Files. The Certificate Administrator shall not be required to review, redact, reconcile, edit
or verify the content, completeness or accuracy of the information contained in any CREFC® Schedule AL File or
Schedule AL Additional File. The Certificate Administrator shall not be deemed to have actual knowledge of the contents of any
CREFC® Schedule AL File or Schedule AL Additional File solely by its receipt thereof.

 

(h)           After
preparing the Forms 10-D and ABS-EE with respect to the Trust, the Certificate Administrator shall forward electronically copies
of such Forms 10-D and ABS-EE (together with the related CREFC® Schedule AL File and any Schedule AL Additional
File received by the Certificate Administrator) to the Depositor for review no later than seven (7) calendar days after the related
Distribution Date or, if the 7th calendar day after the related Distribution Date is not a Business Day, the immediately preceding
Business Day. The Master Servicer shall reasonably cooperate with the Depositor to answer any questions that the Depositor may
pose to the Master Servicer regarding the data or information contained in, or omitted from, any CREFC® Schedule
AL File or Schedule AL Additional File (other than questions regarding (1)     the accuracy as of the
Closing Date of data that had been included in the Initial Schedule AL File or the Initial Schedule AL Additional File or (2)
changes made to such CREFC® Schedule AL File or Schedule AL Additional File by the Certificate Administrator following
receipt from the Master Servicer). The Certificate Administrator, the Master Servicer and the Depositor shall each, to the extent
related to such party’s obligations hereunder, reasonably cooperate to remedy any filing errors regarding any CREFC®
Schedule AL File or any Schedule AL Additional File as soon as possible. Within four (4) Business Days after receipt of
copies of such Forms 10-D and ABS-EE from the Certificate Administrator, but no later than two (2) Business Days prior to the
15th calendar day after the related Distribution Date, the Depositor shall notify the Certificate Administrator in writing (which
may be furnished electronically) of any changes to or approval of such Form 10-D and Form ABS-EE, respectively, and an officer
of the Depositor shall sign the Form 10-D and Form ABS-EE with respect to the Trust and return an electronic or fax copy of each
of the signed Form 10-D and Form ABS-EE (with an original executed hard copy to follow by overnight mail) to the Certificate Administrator.
Upon receipt of such signed Form 10-D and Form ABS-EE (in electronic form or by fax copy), the Certificate Administrator shall
deem such

 

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reports
to be approved by the Depositor and shall proceed with filing such reports with the Commission. If a Form 10-D or Form ABS-EE
with respect to the Trust cannot be filed on time or if a previously filed Form 10-D or Form ABS-EE with respect to the Trust
needs to be amended, the Certificate Administrator will follow the procedures set forth in Section 10.03(b) of this Agreement.
Promptly after filing with the Commission, the Certificate Administrator will make available on its internet website a final executed
copy of each Form 10-D and Form ABS-EE with respect to the Trust prepared and filed by the Certificate Administrator. The signing
party at the Depositor can be contacted at Citigroup Commercial Mortgage Securities Inc., 388 Greenwich Street, 6th Floor, New
York, New York 10013, Attention: Richard Simpson, telecopy number: (646) 328-2943, e-mail: richard.simpson@citi.com,
with a copy to Citigroup Commercial Mortgage Securities Inc., 390 Greenwich Street, 5th Floor, New York, New York 10013, Attention:
Raul Orozco, telecopy number: (347) 394-0898, e-mail: raul.d.orozco@citi.com, and
with a copy to Citigroup Commercial Mortgage Securities Inc., 388 Greenwich Street, 17th Floor, New York, New York 10013, Attention:
Ryan M. O’Connor, telecopy number: (646) 862-8988, e-mail: ryan.m.oconnor@citi.com,
or such other address as the Depositor may direct. The parties to this Agreement acknowledge that the performance by the Certificate
Administrator of its duties under this Section 10.04 related to the timely preparation and filing of Form 10-D and Form
ASB-EE with respect to the Trust is contingent upon such parties observing all applicable deadlines in the performance of their
duties under this Section 10.04. The Certificate Administrator shall have no liability for any loss, expense, damage, or
claim arising out of or with respect to any failure to properly prepare, arrange for execution and/or timely file any Form 10-D
or Form ABS-EE with respect to the Trust, where such failure results because required disclosure information was either not delivered
to the Certificate Administrator or delivered to the Certificate Administrator after the delivery deadlines set forth in this
Agreement, not resulting from its own negligence, bad faith or willful misconduct.

 

(i)            Form 10-D requires the registrant to indicate (by checking “yes” or “no”) that it “(1) has filed
all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter
period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past
90 days.” The Depositor hereby instructs the Certificate Administrator, with respect to each Form 10-D with respect to the
Trust, to check “yes” for each item unless the Certificate Administrator has received prior written notice (which
may be furnished electronically) from the Depositor that the answer should be “no” for an item which notice shall
be delivered to the Certificate Administrator no later than the day on which the Depositor provided its signature for such filing
pursuant to Section 10.04(h) of this Agreement.

 

Section 10.05 Form
10-K Filings.

 

(a)           Within
90 days after the end of each fiscal year of the Trust (it being understood that the fiscal year of the Trust ends on December
31 of each year) or such earlier date as may be required by the Exchange Act (the “10-K Filing Deadline”), commencing
within 90 days after December 31, 2022, the Certificate Administrator shall prepare and file on behalf of the Trust any Form 10-K
then required by the Exchange Act, in form and substance as then required by the Exchange Act. Each such Form 10-K with respect
to the Trust shall include the following items, in each case to the extent they have been delivered to the Certificate Administrator
(in the form required by this Agreement) within the applicable time frames set forth in this Agreement:

 

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(i)             an annual compliance statement for each Certifying Servicer and each Additional Servicer engaged by each Certifying Servicer,
as described under Section 10.08; provided that the related signature pages may be delivered separately from such compliance
statement;

 

(ii)            (A) the annual reports on assessment of compliance with Servicing Criteria for each Reporting Servicer, as described under Section
10.09; and

 

(B)      if any such report on assessment of compliance with Servicing Criteria described under Section 10.09 identifies any material
instance of noncompliance, disclosure identifying such instance of noncompliance (including whether such instance of noncompliance
involved the servicing of the assets backing the Certificates issued pursuant to this Agreement and any steps taken to remedy
such instance of noncompliance), or if such report on assessment of compliance with Servicing Criteria described under Section
10.09 is not included as an exhibit to such Form 10-K, disclosure that such report is not included and an explanation why
such report is not included;

 

(iii)           (A) the registered public accounting firm attestation report for each Reporting Servicer, as described under Section 10.10;
and

 

(B)
    if any registered public accounting firm attestation report described under Section 10.10 identifies any material instance
of noncompliance, disclosure identifying such instance of noncompliance, or if any such registered public accounting firm attestation
report is not included as an exhibit to such Form 10-K, disclosure that such report is not included and an explanation why such
report is not included; and

 

(iv)          a certification in the form attached to this Agreement as Exhibit X, with such changes as may be necessary or appropriate
as a result of changes promulgated by the Commission (the “Sarbanes-Oxley Certification”), which shall, except
as described below, be signed by the senior officer of the Depositor in charge of securitization; provided that the related signature
pages may be delivered separately.

 

Any
disclosure or information in addition to (i) through (iv) above that is required to be included on Form 10-K (“Additional
Form 10-K Disclosure”) shall, pursuant to the second following paragraph, be (i) reported by the parties set forth on
Exhibit V to this Agreement to the Depositor, the Certificate Administrator and any Other Depositor and Other Exchange
Act Reporting Party to which such Additional Form 10-K Disclosure is relevant for Exchange Act reporting purposes and (ii) approved
by the Depositor and such Other Depositor, and the Certificate Administrator will have no duty or liability for any failure hereunder
to determine or prepare any Additional Form 10-K Disclosure, absent such reporting, direction and approval.

 

Not
later than the end of each fiscal year for which the Trust is required to file a Form 10-K, the Master Servicer, the Special Servicer,
the Certificate Administrator, the Custodian, the Operating Advisor and the Trustee shall provide the other parties to this Agreement
and the Mortgage Loan Sellers with written notice of the name and address of each Servicing Function

 

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Participant
retained by such party, if any, during such fiscal year. Not later than the end of each fiscal year for which the Trust is required
to file a Form 10-K, the Certificate Administrator shall, upon request (which can be in the form of electronic mail and which
may be continually effective), provide to each Mortgage Loan Seller written notice of any change in the identity of any party
to this Agreement, including the name and address of any new party to this Agreement.

 

For
so long as the Trust or any Other Securitization Trust is subject to the reporting requirements of the Exchange Act, no later
than March 1, commencing in March 2023, (i) the parties listed on Exhibit V to this Agreement shall be required to provide
(and (i) with respect to any Servicing Function Participant of such party that is a Mortgage Loan Seller Sub-Servicer, shall use
commercially reasonable efforts to cause such Servicing Function Participant to provide, and (ii)    
with respect to any other Servicing Function Participant of such party (other than any party to this Agreement), shall cause such
Servicing Function Participant to provide) to the Certificate Administrator, the Depositor and each Other Exchange Act Reporting
Party and Other Depositor to which the particular Additional Form 10-K Disclosure is relevant for Exchange Act reporting purposes,
to the extent a Servicing Officer or a Responsible Officer, as the case may be, thereof has actual knowledge (other than information
required by Item 1117 of Regulation AB as to such party which shall be reported if actually known by any Servicing Officer or
Responsible Officer, as the case may be or any lawyer in the in-house legal department of such party), in EDGAR-Compatible Format
(to the extent available to such party in such format) or in such other format as otherwise agreed upon by the Certificate Administrator,
the Depositor, each such Other Exchange Act Reporting Party, each such Other Depositor and such providing parties, the form and
substance of any Additional Form 10-K Disclosure described on Exhibit V to this Agreement applicable to such party, (ii)
the parties listed on Exhibit V to this Agreement shall include with such Additional Form 10-K Disclosure applicable to
such party and shall cause each Sub-Servicer (or, in the case of each Sub-Servicer set forth on Exhibit S, shall use commercially
reasonable efforts to cause such Sub-Servicer) and Subcontractor of such party to the extent required under Regulation AB to provide,
and if received, include, an Additional Disclosure Notification in the form attached as Exhibit W to this Agreement, and
(iii) the Depositor will approve, as to form and substance, or disapprove, as the case may be, the inclusion of the Additional
Form 10-K Disclosure on Form 10-K with respect to the Trust; provided that any Depositor’s approval pursuant to this clause
(iii) shall not relieve any parties listed on Exhibit V of its obligations to provide Additional Form 10-K Disclosure
that is true and accurate in all material respects and in compliance with all applicable requirements of the Securities Act and
the Exchange Act, and the rules and regulations promulgated thereunder. The Certificate Administrator has no duty under this Agreement
to monitor or enforce the performance by the parties listed on Exhibit V to this Agreement of their duties under this paragraph
or proactively solicit or procure from such parties any Additional Form 10-K Disclosure information. The Depositor will be responsible
for any reasonable fees assessed and expenses incurred by the Certificate Administrator in connection with including any Additional
Form 10-K Disclosure on Form 10-K with respect to the Trust pursuant to this paragraph.

 

After
preparing a Form 10-K with respect to the Trust, the Certificate Administrator shall forward electronically a preliminary copy
of such Form 10-K to the Depositor for review no later than March 15 in the year immediately following the year as to which such
Form 10-K relates, or, if March 15 is not a Business Day, on the immediately following Business Day. Within three (3) Business
Days after receipt of such copy, the Depositor shall notify the Certificate

 

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Administrator
in writing (which may be furnished electronically) of any changes or approval to such preliminary Form 10-K. The Certificate Administrator
shall provide a complete Form 10-K with respect to the Trust to the Depositor for review no later than March 21 in the year immediately
following the year as to which such Form 10-K relates, or if March 21 is not a Business Day, on the immediately following Business
Day. Within three (3) Business Days after receipt of such complete Form 10-K, the Depositor shall notify the Certificate Administrator
in writing (which may be furnished electronically) of any changes or approval to such complete Form 10-K. No later than 5:00 p.m.
(New York City time) on the third Business Day prior to the 10-K Filing Deadline, a senior officer of the Depositor shall sign
the Form 10-K with respect to the Trust and return an electronic or fax copy of such signed Form 10-K (with an original executed
hard copy to follow by overnight mail) to the Certificate Administrator. Upon receipt of such signed Form 10-K (in electronic
form or by fax copy), the Certificate Administrator shall deem such report to be approved by the Depositor and shall proceed with
filing such report with the Commission. If a Form 10-K with respect to the Trust cannot be filed on time or if a previously filed
Form 10-K with respect to the Trust needs to be amended, the Certificate Administrator will follow the procedures set forth in
Section 10.03(b). Promptly after filing with the Commission, the Certificate Administrator will make available on the Certificate
Administrator’s Website a final executed copy of each Form 10-K prepared and filed by the Certificate Administrator. The
signing party at the Depositor can be contacted at Citigroup Commercial Mortgage Securities Inc., 388 Greenwich Street, 6th Floor,
New York, New York 10013, Attention: Richard Simpson, telecopy number: (646) 328-2943, e-mail: richard.simpson@citi.com,
with a copy to Citigroup Commercial Mortgage Securities Inc., 390 Greenwich Street, 5th Floor, New York, New York 10013, Attention:
Raul Orozco, telecopy number: (347) 394-0898, e-mail: raul.d.orozco@citi.com, and
with a copy to Citigroup Commercial Mortgage Securities Inc., 388 Greenwich Street, 17th Floor, New York, New York 10013, Attention:
Ryan M. O’Connor, telecopy number: (646) 862-8988, e-mail: ryan.m.oconnor@citi.com,
or such other address as the Depositor may direct. The parties to this Agreement acknowledge that the performance by the Certificate
Administrator of its duties under this Section 10.05 related to the timely preparation and filing of Form 10-K with respect
to the Trust is contingent upon the parties to this Agreement (and any Additional Servicer or Servicing Function Participant engaged
or utilized, as applicable, by any such parties) observing all applicable deadlines in the performance of their duties under this
Section 10.05. The Certificate Administrator shall have no liability for any loss, expense, damage, claim arising out of
or with respect to any failure to properly prepare, arrange for execution and/or timely file any Form 10-K with respect to the
Trust, where such failure results because required disclosure information was either not delivered to the Certificate Administrator
or delivered to the Certificate Administrator after the delivery deadlines set forth in this Agreement, not resulting from its
own negligence, bad faith or willful misconduct.

 

(b)                
Form 10-K requires the registrant to indicate (by checking “yes” or “no”) that it “(1) has filed
all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter
period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past
90 days.” The Depositor hereby instructs the Certificate Administrator, with respect to each Form 10-K with respect to the
Trust, to check “yes” for each item unless the Certificate Administrator has received prior written notice (which
may be furnished electronically) from the Depositor that the answer should be “no” for an item which notice shall
be delivered to the Certificate Administrator no later

 

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than
the day on which the Depositor provided its signature for such filing pursuant to Section 10.05(a) of this Agreement.

 

Section
10.06 Sarbanes-Oxley Certification.

 

Each
Form 10-K with respect to the Trust shall include a Sarbanes-Oxley Certification in the form attached to this Agreement as Exhibit
X required to be included therewith pursuant to the Sarbanes-Oxley Act. The Certificate Administrator, the Master Servicer, the
Special Servicer, the Operating Advisor, the Asset Representations Reviewer (in the case of the Asset Representations Reviewer,
solely with respect to reporting periods in which the Asset Representations Reviewer is required to deliver an Asset Review Report
Summary), the Custodian and the Trustee shall provide (and (i) with respect to any Servicing Function Participant of such party
that is a Mortgage Loan Seller Sub-Servicer, shall use commercially reasonable efforts to cause such Servicing Function Participant
to provide, and (ii) with respect to any other Servicing Function Participant of such party (other than any party to this Agreement),
shall cause such Servicing Function Participant to provide) to the Person who signs the Sarbanes-Oxley Certification for the Trust
or any Other Securitization Trust (the “Certifying Person”) no later than March 1 in the year immediately following
the year as to which such Form 10-K relates or, if March 1 is not a Business Day, on the immediately following Business Day, a
certification in the form attached to this Agreement as Exhibit Y-1, Exhibit Y-2, Exhibit Y-3, Exhibit Y-4, Exhibit Y-5, Exhibit
Y-6, Exhibit Y-7 and Exhibit Y-8, as applicable, on which the Certifying Person, the entity for which the Certifying Person acts
as an officer, and such entity’s officers, directors and Affiliates (collectively with the Certifying Person, “Certification
Parties”) can reasonably rely. With respect to each Outside Serviced Mortgage Loan serviced under an Outside Servicing Agreement,
the Certificate Administrator shall use commercially reasonable efforts to procure, and upon receipt deliver to the Certifying
Person, a Sarbanes-Oxley back-up certification similar in form and substance to the certifications referenced in the preceding
sentence, from the related Outside Servicer, the related Outside Special Servicer, the related Outside Paying Agent and the related
Outside Trustee. In the event any Reporting Servicer is terminated or resigns pursuant to the terms of this Agreement, or any
applicable Sub-Servicing Agreement or primary servicing agreement, as the case may be, such Reporting Servicer shall provide a
certification to the Certifying Person pursuant to this Section 10.06 with respect to the period of time it was subject to this
Agreement or the applicable sub-servicing or primary servicing agreement, as the case may be.

 

Section
10.07 Form 8-K Filings.

 

Within
four (4) Business Days after the occurrence of an event requiring disclosure on Form 8-K (each such event, a “Reportable
Event”), or if requested by the Depositor, the Certificate Administrator shall prepare and file on behalf of the Trust any
Form 8-K, as required by the Exchange Act, provided that the Depositor shall file the initial Form 8-K with respect to the Trust
in connection with the issuance of the Certificates. Any disclosure or information related to a Reportable Event or that is otherwise
required to be included on Form 8-K (“Form 8-K Disclosure Information”) that is approved by the Depositor shall, pursuant
to the following paragraph, be reported by the applicable parties set forth on Exhibit Z to this Agreement to the Depositor, the
Certificate Administrator and each Other Depositor and Other Exchange Act

 

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Reporting
Party to which such Form 8-K Disclosure Information is relevant for Exchange Act reporting purposes, and the Certificate Administrator
will have no duty or liability for any failure hereunder to determine or prepare any Form 8-K Disclosure Information or any Form
8-K with respect to the Trust, absent such reporting, direction and approval.

 

For
so long as the Trust or any Other Securitization Trust is subject to the reporting requirements of the Exchange Act, to the extent
a Servicing Officer or Responsible Officer thereof has actual knowledge of such event (other than Item 1117 of Regulation AB as
to such party which shall be reported if actually known by any Servicing Officer or Responsible Officer, as the case may be or
any lawyer in the in-house legal department of such party), within one (1) Business Day after the occurrence of a Reportable Event
(using commercially reasonable efforts), but in no event later than 1:00 p.m. (New York City time) on the second Business Day
after the occurrence of a Reportable Event, (i) the parties set forth on Exhibit Z to this Agreement shall be required
to provide (and (i) with respect to any Servicing Function Participant of such party that is a Mortgage Loan Seller Sub-Servicer,
shall use commercially reasonable efforts to cause such Servicing Function Participant to provide, and (ii) with respect to any
other Servicing Function Participant of such party (other than any party to this Agreement), shall cause such Servicing Function
Participant to provide) to the Depositor, the Certificate Administrator and each Other Depositor and Other Exchange Act Reporting
Party to which the particular Form 8-K Disclosure Information is relevant for Exchange Act reporting purposes, in EDGAR-Compatible
Format (to the extent available to such party in such format) or in such other format as otherwise agreed upon by the Depositor,
the Certificate Administrator, each such Other Depositor, each such Other Exchange Act Reporting Party and such providing parties
any Form 8-K Disclosure Information described on Exhibit Z to this Agreement as applicable to such party, if applicable
(ii) the parties listed on Exhibit Z to this Agreement shall include with such Form 8-K Disclosure Information applicable
to such party and shall cause each Sub-Servicer (or, in the case of each Sub-Servicer set forth on Exhibit S, shall use
commercially reasonable efforts to cause such Sub-Servicer) and Subcontractor of such party to the extent required under Regulation
AB to provide, and if received, include, an Additional Disclosure Notification in the form attached hereto as Exhibit W-1,
and (iii) the Depositor will approve, as to form and substance, or disapprove, as the case may be, the inclusion of the Form 8-K
Disclosure Information on Form 8-K with respect to the Trust; provided that any Depositor’s approval pursuant to
this clause (iii) shall not relieve any parties listed on Exhibit Z of its obligations to provide Form 8 K Disclosure Information
that is true and accurate in all material respects and in compliance with all applicable requirements of the Securities Act and
the Exchange Act and the rules and regulations promulgated thereunder. The Certificate Administrator has no duty under this Agreement
to monitor or enforce the performance by the parties listed on Exhibit Z of their duties under this paragraph or proactively
solicit or procure from such parties any Form 8-K Disclosure Information. The Depositor will be responsible for any reasonable
fees assessed or expenses incurred by the Certificate Administrator in connection with including any Form 8-K Disclosure Information
on Form 8-K with respect to the Trust pursuant to this paragraph.

 

With
respect to any Loan Combination, (i) upon receipt of any notice of execution or amendment of an Outside Servicing Agreement or
an Outside Serviced Co-Lender Agreement with respect to an Outside Serviced Mortgage Loan or notice of any Reportable Event with
respect to any Outside Service Provider of an Outside Serviced Mortgage Loan, the Trustee or the

 

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Certificate
Administrator, as the case may be, shall promptly notify the Depositor of such notice and cooperate with the Depositor to prepare
and file on behalf of the Trust any Form 8-K, as required by the Exchange Act and (ii) upon the execution of any amendment to
a related Co-Lender Agreement, the Master Servicer, the Special Servicer or the Trustee, as the case may be, executing such amendment
on behalf of the Trust shall promptly notify the Depositor and the Certificate Administrator of such execution and cooperate with
the Depositor and the Certificate Administrator to prepare and file on behalf of the Trust any Form 8-K, as required by the Exchange
Act.

 

After
preparing any Form 8-K with respect to the Trust, the Certificate Administrator shall forward electronically a copy of the Form
8-K to the Depositor for review no later than 1:00 p.m. (New York City time) on the third Business Day after the related Reportable
Event (but in no event earlier than 24 hours after having received approved Form 8-K Disclosure Information pursuant to the immediately
preceding paragraph). Promptly, but no later than the close of business on the third Business Day after the related Reportable
Event, the Depositor shall notify the Certificate Administrator in writing (which may be furnished electronically) of any changes
to or approval of such Form 8-K. No later than noon on the fourth Business Day after the related Reportable Event, a duly authorized
representative of the Depositor shall sign the Form 8-K with respect to the Trust and return an electronic or fax copy of such
signed Form 8-K (with an original executed hard copy to follow by overnight mail) to the Certificate Administrator. If a Form
8-K with respect to the Trust cannot be filed on time or if a previously filed Form 8-K with respect to the Trust needs to be
amended, the Certificate Administrator will follow the procedures set forth in Section 10.03(b) of this Agreement. Promptly
after filing with the Commission, the Certificate Administrator will, make available on its internet website a final executed
copy of each Form 8-K with respect to the Trust, to the extent such Form 8-K has been prepared and filed by the Certificate Administrator.
The signing party at the Depositor can be contacted at Citigroup Commercial Mortgage Securities Inc., 388 Greenwich Street, 6th
Floor, New York, New York 10013, Attention: Richard Simpson, telecopy number: (646) 328-2943, e-mail: richard.simpson@citi.com,
with a copy to Citigroup Commercial Mortgage Securities Inc., 390 Greenwich Street, 5th Floor, New York, New York 10013,
Attention: Raul Orozco, telecopy number: (347) 394-0898, e-mail: raul.d.orozco@citi.com,
and with a copy to Citigroup Commercial Mortgage Securities Inc., 388 Greenwich Street, 17th Floor, New York, New York 10013,
Attention: Ryan M. O’Connor, telecopy number: (646) 862-8988, e-mail: ryan.m.oconnor@citi.com,
or such other address as the Depositor may direct. The parties to this Agreement acknowledge that the performance by the Certificate
Administrator of its duties under this Section 10.07 related to the timely preparation and filing of Form 8-K with respect
to the Trust is contingent upon such parties observing all applicable deadlines in the performance of their duties under this
Section 10.07. The Certificate Administrator shall have no liability for any loss, expense, damage, claim arising out of
or with respect to any failure to properly prepare and/or timely file any Form 8-K with respect to the Trust, where such failure
results from the Certificate Administrator’s inability or failure to receive, on a timely basis, any information from the
parties to this Agreement needed to prepare, arrange for execution or file such Form 8-K, not resulting from its own negligence,
bad faith or willful misconduct.

 

In
the case of a Form 8-K that is filed by or on behalf of the Trust or any Other Securitization Trust as a result of the termination,
removal, resignation or any other replacement of the Master Servicer, the Special Servicer, the Trustee, the Certificate Administrator
or any

 

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Sub-Servicer
or Subcontractor of any of the foregoing parties (to the extent such Sub-Servicer or Subcontractor is a “servicer”
as contemplated by Item 1108(a)(2) of Regulation AB) under this Agreement, the proposed successor Master Servicer, Special Servicer,
Trustee, Certificate Administrator, Sub-Servicer or Subcontractor, as applicable, shall, as a condition to such succession and
at the reasonable expense of the same party or parties required to pay the costs and expenses relating to such termination, removal,
resignation or other replacement pursuant to this Agreement, provide to the Certificate Administrator and the Depositor on or
before the date of such proposed succession the following: (i) any information (including, but not limited to, disclosure information)
required for the Trust to comply in a timely manner with applicable filing requirements under Items 1.01 and 6.02 of Form 8-K
and (ii) such opinion(s) of counsel, certifications and/or indemnification agreement(s) with respect to such information that
are substantially similar to those delivered by the initial Master Servicer, the initial Special Servicer, the initial Trustee,
the initial Certificate Administrator or the initial Sub-Servicer, as the case may be, or their respective counsel, in connection
with the information concerning such party in the Prospectus and/or any other disclosure materials relating to this Trust.

 

Section
10.08 Annual Compliance Statements.

 

The
Master Servicer, the Special Servicer, the Certificate Administrator, the Custodian and, if it has made an Advance during the
applicable calendar year, the Trustee shall furnish (and each of the Master Servicer, the Special Servicer, the Custodian and
the Certificate Administrator (i) with respect to any Additional Servicer of such party that is a Mortgage Loan Seller Sub-Servicer,
shall use commercially reasonable efforts to cause such Additional Servicer to furnish, and (ii) with respect to any other Additional
Servicer of such party (other than any party to this Agreement), shall cause such Additional Servicer to furnish) (each such Additional
Servicer and each of the Master Servicer, the Special Servicer, the Custodian, the Certificate Administrator and the Trustee (if
applicable), a “Certifying Servicer”) to the Certificate Administrator, the Serviced Companion Loan Holders (or, in
the case of a Serviced Companion Loan that is part of an Other Securitization Trust, the applicable Other Depositor and Other
Exchange Act Reporting Party), the Operating Advisor (only in the case of an Officer’s Certificate furnished by the Special
Servicer) and the Depositor on or before March 1 of each year, commencing in March 2023, an Officer’s Certificate (together
with a copy thereof in EDGAR-Compatible Format, or in such other format as otherwise agreed upon by the Depositor, the Certificate
Administrator, the applicable Other Depositor, the applicable Other Exchange Act Reporting Party and the applicable Certifying
Servicer) stating, as to the signer thereof, that (A) a review of such Certifying Servicer’s activities during the preceding
calendar year or portion thereof and of such Certifying Servicer’s performance under this Agreement, or the applicable Sub-Servicing
Agreement or primary servicing agreement in the case of an Additional Servicer, has been made under such officer’s supervision
and (B) to the best of such officer’s knowledge, based on such review, such Certifying Servicer has fulfilled all its obligations
under this Agreement, or the applicable Sub-Servicing Agreement or primary servicing agreement in the case of an Additional Servicer,
in all material respects throughout such year or portion thereof, or, if there has been a failure to fulfill any such obligation
in any material respect, specifying each such failure known to such officer and the nature and status thereof. The Master Servicer
and the Special Servicer shall, and the Master Servicer and the Special Servicer shall cause (or, in the case of an Additional
Servicer that is a Mortgage Loan Seller Sub-Servicer, shall use its commercially reasonable efforts to cause) each Additional
Servicer hired by it to, forward a copy of each such statement to, prior to the occurrence

 

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and
continuance of a Consultation Termination Event, the Controlling Class Representative and, for posting to the Rule 17g-5 Information
Provider’s Website pursuant to Section 12.13, the Rule 17g-5 Information Provider. Promptly after receipt of each such Officer’s
Certificate, the Depositor (and, in the case of a Serviced Companion Loan that is part of an Other Securitization Trust, the applicable
Other Depositor and Other Exchange Act Reporting Party) may review each such Officer’s Certificate and, if applicable, consult
with the Certifying Servicer, as applicable, as to the nature of any failures by such Certifying Servicer, respectively, or any
related Additional Servicer with which the Master Servicer or the Special Servicer, as applicable, has entered into a servicing
relationship with respect to the Mortgage Loans or the Companion Loans in the fulfillment of any Certifying Servicer’s obligations
hereunder or under the applicable sub-servicing or primary servicing agreement. The obligations of each Certifying Servicer under
this Section apply to each Certifying Servicer that serviced a Mortgage Loan or Companion Loan during the applicable period, whether
or not the Certifying Servicer is acting in such capacity at the time such Officer’s Certificate is required to be delivered.

 

With
respect to each Outside Serviced Mortgage Loan serviced under the applicable Outside Servicing Agreement, the Certificate Administrator
shall request, and upon receipt deliver to the Depositor, from a “Servicing Officer” or “Responsible Officer”
(as such terms are defined in the applicable Outside Servicing Agreement), as applicable, of the related Outside Servicer, Outside
Special Servicer, Outside Custodian, Outside Trustee and Outside Paying Agent or Outside Certificate Administrator an Officer’s
Certificate in form and substance similar to the Officer’s Certificate described in this Section or such other form as is
set forth in the Outside Servicing Agreement.

 

Section
10.09 Annual Reports on Assessment of Compliance With Servicing Criteria.On or before March 1 of each year commencing in
March 2023, the Master Servicer, the Special Servicer, the Certificate Administrator, the Custodian, the Operating Advisor and,
if it has made (or is required to make) an Advance during the applicable calendar year, the Trustee, each at its own expense,
shall furnish (and each of the preceding parties, as applicable, (i) with respect to any Servicing Function Participant of such
party that is a Mortgage Loan Seller Sub-Servicer, shall use commercially reasonable efforts to cause such Servicing Function
Participant to furnish, and (ii)     with respect to any other Servicing Function Participant of such
party (other than any party to this Agreement), shall cause such Servicing Function Participant to furnish) (each Master Servicer,
the Special Servicer, the Certificate Administrator, the Custodian, the Operating Advisor, any Servicing Function Participant
and, if it has made (or is required to make) an Advance during the applicable calendar year, the Trustee, as the case may be,
a “Reporting Servicer”) to the Certificate Administrator, the Trustee, the Serviced Companion Loan Holders
(or, in the case of a Serviced Companion Loan that is part of an Other Securitization Trust, the applicable Other Depositor and
Other Exchange Act Reporting Party), the Operating Advisor (only in the case of a report furnished by the Special Servicer) and
the Depositor, a report on an assessment of compliance with the Relevant Servicing Criteria (together with a copy thereof in EDGAR-Compatible
Format, or in such other format as otherwise agreed upon by the Depositor, the Certificate Administrator, the applicable Other
Depositor, the applicable Other Exchange Act Reporting Party and the applicable Certifying Servicer) that complies in all material
respects with the requirements of Item 1122 of Regulation AB and contains (A) a statement by such Reporting Servicer of its responsibility
for assessing compliance with the Relevant Servicing Criteria, (B) a statement that such Reporting

 

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Servicer
used the Servicing Criteria to assess compliance with the Relevant Servicing Criteria, (C) such Reporting Servicer’s assessment
of compliance with the Relevant Servicing Criteria as of the end of and for the preceding calendar year, including, if there has
been any material instance of noncompliance with the Relevant Servicing Criteria, a discussion of each such failure and the nature
and status thereof and (D) a statement that a registered public accounting firm has issued an attestation report on such Reporting
Servicer’s assessment of compliance with the Relevant Servicing Criteria as of and for such period. Copies of all compliance
reports delivered pursuant to this Section 10.09 shall be provided to any Certificateholder, upon the written request thereof,
by the Certificate Administrator.

 

Each
such report shall be addressed to the Depositor and each Other Depositor (if addressed) and signed by an authorized officer of
the applicable company, and shall address each of the Relevant Servicing Criteria specified on a certification substantially in
the form of Exhibit O to this Agreement delivered to the Depositor on the Closing Date. Promptly after receipt of each
such report, (i) the Depositor and each Other Depositor may review each such report and, if applicable, consult with the each
Reporting Servicer as to the nature of any material instance of noncompliance with the Relevant Servicing Criteria, and (ii) the
Certificate Administrator shall confirm that the assessments, taken individually address the Relevant Servicing Criteria for each
party as set forth on Exhibit O to this Agreement and notify the Depositor of any exceptions. For the avoidance of doubt,
the Trustee shall have no obligation or duty to determine whether any such report (other than any such report furnished by the
Trustee or any Servicing Function Participant of the Trustee) is in form and substance in compliance with the requirements of
Regulation AB.

 

(b)           On the Closing Date, the Master Servicer, the Special Servicer, the Certificate Administrator, the Custodian, the Trustee and
the Operating Advisor each acknowledge and agree that Exhibit O to this Agreement sets forth the Relevant Servicing Criteria
for such party.

 

(c)           No later than the end of each fiscal year for the Trust, the Master Servicer, the Special Servicer, the Certificate Administrator,
the Custodian, the Operating Advisor and, if it has made (or is required to make) an Advance during such fiscal year, the Trustee
shall notify the Certificate Administrator, the Depositor, each Other Exchange Act Reporting Party and each Other Depositor as
to the name of each Servicing Function Participant utilized by it, and the Certificate Administrator shall notify the Depositor
and each Other Depositor as to the name of each Servicing Function Participant utilized by it, during such fiscal year, and each
such notice will specify what specific Servicing Criteria will be addressed in the report on assessment of compliance prepared
by such Servicing Function Participant. When the Master Servicer, the Special Servicer, the Certificate Administrator, the Custodian,
the Trustee (if applicable), the Operating Advisor and any Servicing Function Participant submit their assessments pursuant to
Section 10.09(a) of this Agreement, such parties will also at such time include the assessment (and related attestation
pursuant to Section 10.10 of this Agreement) of each Servicing Function Participant engaged by it. The fiscal year for
the Trust shall be January 1 through and including December 31 of each calendar year.

 

(d)           In the event the Master Servicer, the Special Servicer, the Certificate Administrator, the Custodian, the Trustee (if it has made,
or is required to make, an Advance during the applicable period) or the Operating Advisor is terminated or resigns pursuant to
the terms of this Agreement, such party shall provide, and each such party shall cause (or, if the Servicing

 

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Function
Participant is a Mortgage Loan Seller Sub-Servicer, shall use commercially reasonable efforts to cause) any Servicing Function
Participant of such party to provide (and the Master Servicer, the Special Servicer and the Certificate Administrator shall, with
respect to any Servicing Function Participant that resigns or is terminated under any applicable servicing agreement, cause such
Servicing Function Participant (or, in the case of each Servicing Function Participant that is a Mortgage Loan Seller Sub-Servicer,
shall use commercially reasonable efforts to cause such Servicing Function Participant) to provide) an annual assessment of compliance
pursuant to this Section 10.09, coupled with an attestation as required in Section 10.10 of this Agreement with
respect to the period of time that the Master Servicer, the Special Servicer, the Certificate Administrator, the Custodian, the
Trustee (if it has made, or is required to make, an Advance during such period of time) or the Operating Advisor was subject to
this Agreement or the period of time that the applicable Servicing Function Participant was subject to such other servicing agreement.

 

With
respect to each Outside Serviced Mortgage Loan serviced under the applicable Outside Servicing Agreement, the Certificate Administrator
shall use commercially reasonable efforts to obtain, and upon receipt deliver to the Depositor, an annual report on assessment
of compliance as described in this Section and an attestation as described in Section 10.10 from the related Outside Servicer,
Outside Special Servicer, Outside Custodian, Outside Trustee and Outside Paying Agent or Outside Certificate Administrator and
in form and substance similar to the annual report on assessment of compliance described in this Section 10.09 and the
attestation described in Section 10.10.

 

Section
10.10 Annual Independent Public Accountants’ Servicing Report. On or before March 1 of each year, commencing in March
2023, the Master Servicer, the Special Servicer, the Certificate Administrator, the Custodian, the Operating Advisor and, if it
has made (or is required to make) an Advance during the applicable calendar year, the Trustee, each at its own expense, shall
cause (and each of the preceding parties, as applicable, (i) with respect to any Servicing Function Participant of such party
that is a Mortgage Loan Seller Sub-Servicer, shall use commercially reasonable efforts to cause such Servicing Function Participant
to cause, and (ii) with respect to any other Servicing Function Participant of such party (other than any party to this Agreement),
shall cause such Servicing Function Participant to cause) a registered public accounting firm (which may also render other services
to the Master Servicer, the Special Servicer, the Certificate Administrator, the Custodian, the Trustee, the Operating Advisor
or the applicable Servicing Function Participant, as the case may be) and that is a member of the American Institute of Certified
Public Accountants to furnish a report (together with a copy thereof in EDGAR-Compatible Format, or in such other format as otherwise
agreed upon by the Depositor, the Certificate Administrator, the applicable Other Depositor, the applicable Other Exchange Act
Reporting Party and the applicable party required to furnish, or cause to be furnished, such report under this Section 10.10)
to the Certificate Administrator, the Serviced Companion Loan Holders (or, in the case of a Serviced Companion Loan that is part
of an Other Securitization Trust, the applicable Other Depositor and Other Exchange Act Reporting Party), the Operating Advisor
(only in the case of a report furnished on behalf of the Special Servicer) and the Depositor, and, prior to the occurrence and
continuance of a Consultation Termination Event, the Controlling Class Representative and, for posting to the Rule 17g-5 Information
Provider’s Website pursuant to Section 12.13 of this Agreement, the Rule 17g-5 Information Provider, to the effect that
(i) it has obtained a representation regarding certain matters from the management of such Reporting Servicer, which includes
an assertion that such Reporting Servicer has complied with the Relevant

 

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Servicing
Criteria and (ii) on the basis of an examination conducted by such firm in accordance with standards for attestation engagements
issued or adopted by the Public Company Accounting Oversight Board, it is expressing an opinion as to whether such Reporting Servicer’s
compliance with the Relevant Servicing Criteria was fairly stated in all material respects, or it is not expressing an overall
opinion regarding such Reporting Servicer’s assessment of compliance with the Relevant Servicing Criteria. In the event
that an overall opinion cannot be expressed, such registered public accounting firm shall state in such report why it was unable
to express such an opinion. Each such related accountant’s attestation report shall be made in accordance with Rules 1-02(a)(3)
and 2-02(g) of Regulation S-X under the Act and the Exchange Act. Such report must be available for general use and not contain
restricted use language. Copies of such statement will be provided to any Certificateholder, upon the written request thereof,
by the Certificate Administrator. 

Promptly
after receipt of such report from the Master Servicer, the Special Servicer, the Certificate Administrator, the Custodian, the
Trustee (if applicable), the Operating Advisor or any Servicing Function Participant, (i) the Depositor and each Other Depositor
may review the report and, if applicable, consult with the Master Servicer, the Special Servicer, the Certificate Administrator,
the Custodian, the Trustee (if applicable) or the Operating Advisor as to the nature of any defaults by the Master Servicer, the
Special Servicer, the Certificate Administrator, the Custodian, the Trustee (if applicable), the Operating Advisor or any Servicing
Function Participant with which it has entered into a servicing relationship with respect to the Mortgage Loans or the Companion
Loans, as the case may be, in the fulfillment of any of the Master Servicer’s, the Special Servicer’s, the Certificate
Administrator’s, the Custodian’s, the Trustee’s (if applicable), the Operating Advisor’s or the applicable
Servicing Function Participants’ obligations hereunder or under the applicable sub servicing or primary servicing agreement,
and (ii) the Certificate Administrator shall confirm that each accountants’ attestation report submitted pursuant to this
Section relates to an assessment of compliance meeting the requirements of Section 10.09 of this Agreement and notify the
Depositor of any exceptions.

 

Section
10.11 Significant Obligors

 

(a)
          [Reserved]

 

(b)           With respect to any Significant Obligor with respect to an Other Securitization Trust as to which the applicable Other Depositor
has notified the Master Servicer that such Significant Obligor with respect to such Other Securitization Trust exists, to the
extent that the Master Servicer is in receipt of the updated financial statements of such Significant Obligor for any calendar
quarter (other than the fourth calendar quarter of any calendar year), beginning with the first calendar quarter following receipt
of notice from the Other Depositor that such Significant Obligor with respect to such Other Securitization Trust exists, or the
updated financial statements of such Significant Obligor for any calendar year, beginning for the calendar year following such
notice from the Other Depositor, as applicable, the Master Servicer shall deliver to the Other Depositor and the Other Exchange
Act Reporting Party of such Other Securitization Trust, on or prior to the day that occurs two (2) Business Days prior to the
related Significant Obligor NOI Quarterly Filing Deadline or four (4) Business Days prior to the related Significant Obligor NOI
Yearly Filing Deadline, as applicable, (A) if such financial statement receipt occurs twelve (12) or more Business Days prior
to the related Significant Obligor NOI Quarterly Filing Deadline or fourteen (14) or more Business Days prior to the related Significant
Obligor NOI Yearly Filing Deadline, as applicable, such financial statements of such Significant Obligor,

 

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together
with the net operating income of such Significant Obligor for the applicable period as calculated by the Master Servicer in accordance
with CREFC® guidelines and (B) if such financial statement receipt occurs less than twelve (12) Business Days prior
to the related Significant Obligor NOI Quarterly Filing Deadline or less than fourteen (14) Business Days prior to the related
Significant Obligor NOI Yearly Filing Deadline, as applicable, such financial statements of such Significant Obligor, together
with the net operating income of such Significant Obligor for the applicable period as reported by the related Mortgagor in such
financial statements.

 

If
the Master Servicer does not receive financial information satisfactory to comply with Item 6 of Form 10-D or Item 1112(b)(1)
of Form 10-K, as the case may be, of any Significant Obligor with respect to an Other Securitization Trust by the date on which
such financial information is required to be delivered under the related Loan Documents, the Master Servicer (i) shall use efforts
consistent with the Servicing Standard (taking into account, in addition, the ongoing reporting obligations of the related Other
Depositor under the Exchange Act) to obtain the periodic financial statements of the related Mortgagor under the related Loan
Documents, (ii) shall (and shall cause each applicable Sub-Servicing Agreement to require any related Sub-Servicer to) retain
written evidence of each instance in which it (or a Sub-Servicer) attempts to contact the related Mortgagor to obtain the required
financial information, and (iii) if unsuccessful, shall, no later than five (5) Business Days prior to the related Significant
Obligor NOI Quarterly Filing Deadline or the related Significant Obligor NOI Yearly Filing Deadline, as applicable, forward an
Officer’s Certificate evidencing its attempts to obtain this information to the Other Exchange Act Reporting Party and Other
Depositor related to such Other Securitization Trust.

 

For
the avoidance of doubt, the Special Servicer shall be responsible for collecting the financial statements and calculating net
operating income with respect to Specially Serviced Mortgage Loans and REO Properties as provided in Section 3.03(a) and
Section 4.02(b).

 

Section
10.12 Indemnification

 

Each
of the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Certificate Administrator,
the Custodian and the Trustee (each an “Indemnifying Party”) shall indemnify and hold harmless each Certification
Party, the Depositor, each Other Depositor, any employee, director or officer of the Depositor or any Other Depositor, and each
other person, if any, who controls the Depositor or any Other Depositor within the meaning of either Section 15 of the Securities
Act or Section 20 of the Exchange Act from and against any claims, losses, damages, penalties, fines, forfeitures, legal fees
and expenses and related costs, judgments and other costs and expenses (including without limitation reasonable attorney’s
fees and expenses related to the enforcement of this indemnity and the costs of investigation, legal defense and any amounts paid
in settlement of any claim or litigation) incurred by such indemnified party arising out of: (i) the failure of any Indemnifying
Party to perform its obligations under this Article X; (ii) the failure of any Servicing Function Participant or Additional Servicer
retained by it (other than a Mortgage Loan Seller Sub-Servicer) to perform its obligations under this Article X; (iii) any untrue
statement of a material fact contained in any information (x) regarding the Indemnifying Party or any Servicing Function Participant,
Additional Servicer or Subcontractor engaged by it (other than any Mortgage Loan Seller Sub-Servicer), (y) prepared by any such
party described in clause (x) or any registered public accounting firm, attorney or other

 

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agent
retained by such party to prepare such information and (z) delivered by or on behalf of such Indemnifying Party in connection
with the performance of such Indemnifying Party’s obligations described in this Article X, or the omission to state in any
such information a material fact necessary to make the statements therein, in the light of the circumstances under which they
were made, not misleading; provided, that such Indemnifying Party shall be entitled to participate at its own expense in any action
arising out of the foregoing and the Depositor shall consult with such Indemnifying Party with respect to any litigation or audit
strategy, as applicable, in connection with the foregoing and any potential settlement terms related thereto (provided that any
such consultation shall be non-binding); (iv) negligence, bad faith or willful misconduct on the part of the Master Servicer,
the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Certificate Administrator, the Custodian
or the Trustee, as applicable, in the performance of such obligations; or (v) any Deficient Exchange Act Deliverable with respect
to such Indemnifying Party.

 

In
addition, each of the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Certificate
Administrator, the Custodian and the Trustee shall cooperate (and (i) with respect to each Servicing Function Participant and
Additional Servicer of such party that is a Mortgage Loan Seller Sub-Servicer, shall use commercially reasonable efforts to cause
such Servicing Function Participant or Additional Servicer to cooperate, and (ii) with respect to any other Servicing Function
Participant or Additional Servicer of such party, shall cause such Servicing Function Participant or Additional Servicer to cooperate)
with the Depositor or any Other Depositor, as applicable, as necessary for the Depositor or any Other Depositor, as applicable,
to conduct any reasonable due diligence necessary to evaluate and assess any material instances of non-compliance disclosed in
any of the deliverables required by the applicable reporting requirements under the Securities Act, the Exchange Act, the Sarbanes-Oxley
Act and the rules and regulations promulgated thereunder (“Reporting Requirements”).

 

In
connection with comments provided to the Depositor or any Other Depositor from the Commission regarding (x) information delivered
by the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Certificate Administrator,
the Custodian, the Trustee, a Servicing Function Participant or an Additional Servicer, as applicable (“Affected Reporting
Party”), (y) information regarding such Affected Reporting Party, and/or (z) information prepared by such Affected Reporting
Party or any registered public accounting firm, attorney or other agent retained by such party to prepare such information, which
information is contained in a report filed by the Depositor or any Other Depositor under the Reporting Requirements and which
comments are received subsequent to the Depositor’s or any Other Depositor’s filing of such report, the Depositor
or any Other Depositor shall promptly provide to such Affected Reporting Party any such comments which relate to such Affected
Reporting Party. Such Affected Reporting Party shall be responsible for timely preparing a written response to the Commission
for inclusion in the Depositor’s or any Other Depositor’s response to the Commission, unless such Affected Reporting
Party elects, with the consent of the Depositor or any Other Depositor, as applicable (which consent shall not be unreasonably
denied, withheld or delayed), to directly communicate with the Commission and negotiate a response and/or resolution with the
Commission; provided, if an Affected Reporting Party is a Servicing Function Participant or Additional Servicer retained
by the Master Servicer, the Master Servicer

 

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shall
receive copies of all material communications pursuant to this paragraph. If such election is made, the applicable Affected Reporting
Party shall be responsible for directly negotiating such response and/or resolution with the Commission in a timely manner; provided,
that (i) such Affected Reporting Party shall use reasonable efforts to keep the Depositor or any Other Depositor informed of its
progress with the Commission and copy the Depositor or any Other Depositor on all correspondence with the Commission and provide
the Depositor or any Other Depositor with the opportunity to participate (at the Depositor’s or Other Depositor’s
expense) in any telephone conferences and meetings with the Commission and (ii) the Depositor or any Other Depositor shall cooperate
with such Affected Reporting Party in order to authorize such Affected Reporting Party and its representatives to respond to and
negotiate directly with the Commission with respect to any comments from the Commission relating to such Affected Reporting Party
and to notify the Commission of such authorization. The Depositor (or any Other Depositor) and the applicable Affected Reporting
Party shall cooperate and coordinate with one another with respect to any requests made to the Commission for extension of time
for submitting a response or compliance. All respective reasonable out-of-pocket costs and expenses incurred by the Depositor
or any Other Depositor (including reasonable legal fees and expenses of outside counsel to the Depositor or any Other Depositor,
as the case may be) in connection with the foregoing (other than those costs and expenses required to be at the Depositor’s
or any Other Depositor’s expense as set forth above) and any amendments to any reports filed with the Commission related
to the foregoing shall be promptly paid by the applicable Affected Reporting Party upon receipt of an itemized invoice from the
Depositor or any Other Depositor, as the case may be. Each of the Master Servicer, the Special Servicer, the Operating Advisor,
the Certificate Administrator, the Custodian and the Trustee shall use commercially reasonable efforts to cause any Servicing
Function Participant or Additional Servicer retained by it to comply with the foregoing by inclusion of similar provisions (or
by inclusion of a reference to, and an obligation to comply with, this paragraph) in the related sub-servicing or similar agreement.

 

The
Master Servicer, the Special Servicer, the Operating Advisor, the Custodian, the Trustee and the Certificate Administrator shall
cause each Servicing Function Participant of such party that is not a Mortgage Loan Seller Sub-Servicer (and with respect to any
Servicing Function Participant of such party that is a Mortgage Loan Seller Sub-Servicer, shall use commercially reasonable efforts
to cause such Servicing Function Participant) to indemnify and hold harmless each Certification Party, the Depositor, each Other
Depositor, any employee, director or officer of the Depositor or any Other Depositor, and each other person, if any, who controls
the Depositor or any Other Depositor within the meaning of either Section 15 of the Securities Act or Section 20 of the Exchange
Act from and against any and all claims, losses, damages, penalties, fines, forfeitures, legal fees and expenses and related costs,
judgments and any other costs, fees and expenses (including without limitation reasonable attorneys’ fees and expenses related
to the enforcement of such indemnity and the costs of investigation, legal defense and any amounts paid in settlement of any claim
or litigation) incurred by such indemnified party arising out of (i) a breach of its obligations to provide any of the annual
compliance statements or annual servicing criteria compliance reports or attestation reports pursuant to the applicable sub-servicing
or primary servicing agreement, (ii) negligence, bad faith or willful misconduct on its part in the performance of such obligations,
(iii) other than in the case of the Operating Advisor, any failure by such Servicer (as defined in Section 10.02(b)) to
identify a Servicing Function Participant pursuant to Section 10.02(c), or (iv) any Deficient Exchange Act Deliverable
with respect to such Servicing Function Participant.

 

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If
the indemnification provided for in, or contemplated by, any of the preceding paragraphs of this Section 10.12 is unavailable
or insufficient to hold harmless any Certification Party, the Depositor, any Other Depositor, any employee, director or officer
of the Depositor or any Other Depositor, or any other person who controls the Depositor or any Other Depositor within the meaning
of either Section 15 of the Securities Act or Section 20 of the Exchange Act, then the Master Servicer, the Special Servicer,
the Operating Advisor, the Asset Representations Reviewer, the Certificate Administrator, the Trustee, the Additional Servicer
or other Servicing Function Participant (the “Performing Party”) shall contribute to the amount paid or payable
to the indemnified party as a result of the losses, claims, damages or liabilities of the indemnified party in such proportion
as is appropriate to reflect the relative fault of the indemnified party on the one hand and the Performing Party on the other
in connection with a breach of the Performing Party’s obligations pursuant to this Article X (or breach of its obligations
under the applicable sub-servicing or primary servicing agreement to provide any of the annual compliance statements or annual
servicing criteria compliance reports or attestation reports) or the Performing Party’s negligence, bad faith or willful
misconduct in connection therewith. The Master Servicer, the Special Servicer, the Operating Advisor, the Trustee and the Certificate
Administrator shall cause each Servicing Function Participant of such party that is not a Mortgage Loan Seller Sub-Servicer (and
with respect to any Servicing Function Participant of such party that is a Mortgage Loan Seller Sub-Servicer, shall use commercially
reasonable efforts to cause such Servicing Function Participant) to agree to the foregoing indemnification and contribution obligations.
This Section 10.12 shall survive the termination of this Agreement or the earlier resignation or removal of the Master
Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Trustee or the Certificate Administrator.

 

Section
10.13 Amendments.

 

This
Article X may be amended by the parties hereto pursuant to Section 12.07 of this Agreement for purposes of complying with Regulation
AB, the Act or the Exchange Act and/or to conform to standards developed within the commercial mortgage-backed securities market
and the Sarbanes-Oxley Act or for purposes of designating the Certifying Person without any Opinions of Counsel, Officer’s
Certificates, Rating Agency Confirmations or the consent of any Certificateholder or any Uncertificated VRR Interest Owner, notwithstanding
anything to the contrary contained in this Agreement.

 

Section
10.14 Regulation AB Notices. With respect to any notice required to be delivered by the Certificate Administrator to the
Depositor pursuant to this Article X, the Certificate Administrator may deliver such notice, notwithstanding any contrary
provision in this Agreement, via facsimile and electronic mail to Citigroup Commercial Mortgage Securities Inc., 388 Greenwich
Street, 6th Floor, New York, New York 10013, Attention: Richard Simpson, telecopy number: (646) 328-2943, e-mail: richard.simpson@citi.com,
with a copy to Citigroup Commercial Mortgage Securities Inc., 390 Greenwich Street, 5th Floor, New York, New York 10013,
Attention: Raul Orozco, telecopy number: (347) 394-0898, e-mail: raul.d.orozco@citi.com,
and with a copy to Citigroup Commercial Mortgage Securities Inc., 388 Greenwich Street, 17th Floor, New York, New York 10013,
Attention: Ryan M. O’Connor, telecopy number: (646) 862-8988, e-mail: ryan.m.oconnor@citi.com,
or to such other address(es), facsimile numbers and/or electronic mail addresses as may be designated by the Depositor.

 

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Section
10.15 Termination of the Certificate Administrator. Notwithstanding anything to the contrary contained in this Agreement,
the Depositor may terminate the Certificate Administrator upon five (5) Business Days’ notice if the Certificate Administrator
fails to comply with any of its obligations under this Article X; provided that (a) such termination shall not be
effective until a successor Certificate Administrator shall have accepted the appointment, (b) the Certificate Administrator may
not be terminated if (i) it cannot perform its obligations due to its failure to properly prepare or file on a timely basis, on
behalf of the Trust, any Form 8-K, Form 10-K, Form 10-D or Form ABS-EE or any amendments to such forms or any Form 12b-25 where
such failure results from the Certificate Administrator’s inability or failure to receive, within the exact time frames
set forth in this Agreement any information, approval, direction or signature from any other party hereto needed to prepare, arrange
for execution or file any such Form 8-K, Form 10-K, Form 10-D or Form ABS-EE or any amendments to such forms or any Form 12b-25
not resulting from its own negligence, bad faith or willful misconduct, or (ii) following the Certificate Administrator’s
failure to comply with any of such obligations under this Article X on or prior to the dates by which such obligations
are to be performed pursuant to, and as set forth in, such Sections, the Certificate Administrator subsequently complies with
such obligations before the Depositor gives written notice to it that it is terminated in accordance with this Section 10.15,
and (c) if the Certificate Administrator’s failure to comply does not cause it to fail in its obligations to timely file,
on behalf of the Trust, the related Form 8-K, Form 10-D, Form ABS-EE or Form 10-K, as the case may be, by the related deadline
for filing such Form 8-K, Form 10-D, Form ABS-EE or Form 10-K, then the Depositor shall cease to have the right to terminate the
Certificate Administrator under this Section 10.15 on the date on which such Form 8-K, Form 10-D, Form ABS-EE or Form 10-K
is so filed.

 

Section
10.16 Termination of the Master Servicer or the Special Servicer

 

Notwithstanding
anything to the contrary contained in this Agreement, the Depositor may terminate the Master Servicer or the Special Servicer
upon five (5) Business Days’ notice if the Master Servicer or the Special Servicer, as applicable, fails to comply with
any of its respective obligations under this Article X and such failure is not remedied within (A) one (1) Business Day in the
case of a failure to comply with any obligation under Sections 10.02, 10.04, 10.07 and 10.11 or to otherwise deliver any
item relating to a Reportable Event under this Article X, or (B) five (5) Business Days in the case of a failure to comply with
any obligation under this Article X that is not described in clause (A) above; provided that such termination shall not be effective
until a successor master servicer or special servicer, as applicable, shall have accepted the appointment.

 

Section
10.17 Termination of Sub-Servicing Agreements

 

For
so long as the Trust or any Other Securitization Trust is subject to the reporting requirements of the Exchange Act, each of the
Master Servicer, the Special Servicer, the Custodian, the Certificate Administrator and the Trustee, as applicable, shall (i)
cause each Sub-Servicing Agreement (with respect to the Master Servicer or the Special Servicer) or sub-servicing agreement (with
respect to any other Servicer) to which it is a party to entitle the Depositor to terminate such agreement (without compensation,
termination fee or the consent of any other Person) at any time following any failure of the applicable Sub-Servicer or sub-servicer,

 

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as
applicable, to deliver any Exchange Act reporting items that such Sub-Servicer or sub-servicer, as applicable, is required to
deliver under Regulation AB or as otherwise contemplated by this Article X and (ii) promptly notify the Depositor following any
failure of the applicable Sub-Servicer or sub-servicer, as applicable, to deliver any Exchange Act reporting items that such Sub-Servicer
or sub-servicer, as applicable, is required to deliver under Regulation AB or as otherwise contemplated by this Article X. The
Depositor is hereby authorized to exercise the rights described in clause (i) of the preceding sentence in its sole discretion.
The rights of the Depositor to terminate a Sub-Servicing Agreement (with respect to the Master Servicer or the Special Servicer)
or sub-servicing agreement (with respect to any other Servicer) as aforesaid shall not limit any right Master Servicer, the Special
Servicer, the Custodian, the Certificate Administrator or the Trustee, as applicable, may have to terminate such Sub-Servicing
Agreement or sub-servicing agreement, as applicable.

 

Section
10.18 Notification Requirements and Deliveries in Connection With Securitization of a Serviced Companion Loan.

 

(a)           Any other provision of this Article X to the contrary notwithstanding, including, without limitation, any deadlines for
delivery set forth in this Article X, in connection with the requirements contained in this Article X that provide
for the delivery of information and other items to, and the cooperation with, the Other Depositor and Other Exchange Act Reporting
Party of any Other Securitization Trust that includes a Serviced Companion Loan, no party hereunder shall be obligated to provide
any such items to or cooperate with such Other Depositor or Other Exchange Act Reporting Party until the Other Depositor or Other
Exchange Act Reporting Party of such Other Securitization Trust has provided each party hereto with not less than 30 days written
notice (or, in each case, such shorter period as required for such Other Depositor or Other Exchange Act Reporting Party to comply
with related filing obligations, provided that (i) such Other Depositor or Other Exchange Act Reporting Party, as applicable,
has provided written notice as soon as reasonably practicable and, concurrently with such written notice, obtained verbal confirmation
of receipt of such written notice, in each case, in accordance with Section 12.04 of this Agreement and (ii) such period
shall not be less than 3 Business Days) (which shall only be required to be delivered once), (i) setting forth the contact information
for such Person(s) and, except as regards the deliveries and cooperation contemplated by Section 10.08, Section 10.09
and Section 10.10 of this Agreement, stating that such Other Securitization Trust is subject to the reporting requirements
of the Exchange Act, and (ii) specifying in reasonable detail the information and other items not otherwise specified in this
Agreement that are requested to be delivered; provided that if Exchange Act reporting is being requested, such Other Depositor
or Other Exchange Act Reporting Party is only required to provide a single written notice to such effect; provided further,
that this notice requirement does not apply to any Serviced Companion Loan that is included in any Other Securitization as of
the Closing Date. Any reasonable cost and expense of the Master Servicer, Special Servicer, Operating Advisor, the Asset Representations
Reviewer, Custodian, Trustee and Certificate Administrator in cooperating with such Other Depositor or Other Exchange Act Reporting
Party of such Other Securitization Trust (above and beyond their expressed duties hereunder) shall be the responsibility of such
Other Depositor or Other Securitization Trust. The parties hereto shall have the right to confirm in good faith with the Other
Depositor of such Other Securitization Trust as to whether applicable law requires the delivery of the items identified in this
Article X to such Other

 

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Depositor
and Other Exchange Act Reporting Party of such Other Securitization Trust prior to providing any of the reports or other information
required to be delivered under this Article X in connection therewith and (i) upon such confirmation, the parties shall
comply with the deadlines for delivery set forth in this Article X with respect to such Other Securitization Trust or (ii)
in the absence of such confirmation, the parties shall not be required to deliver such items; provided that no such confirmation
will be required in connection with any delivery of the items contemplated by Section 10.08, Section 10.09 and Section
10.10 of this Agreement. Such confirmation shall be deemed given if the Other Depositor or Other Exchange Act Reporting Party
for the Other Securitization Trust provides a written statement to the effect that the Other Securitization Trust is subject to
the reporting requirements of the Exchange Act and the appropriate party hereto receives such written statement. The parties hereunder
shall also have the right to require that such Other Depositor provide them with the contact details of such Other Depositor,
Other Exchange Act Reporting Party and any other parties to the Other Pooling and Servicing Agreement relating to such Other Securitization
Trust.

 

(b)           Each of the Master Servicer, the Special Servicer, the Certificate Administrator and the Trustee shall, upon reasonable prior
written request given in accordance with the terms of Section 10.18(a) above, and subject to a right of the Master Servicer,
Special Servicer, the Certificate Administrator or Trustee, as the case may be, to review and approve such disclosure materials,
permit a holder of a related Serviced Companion Loan to use such party’s description contained in the Prospectus (updated
as appropriate by the Master Servicer, the Special Servicer, Certificate Administrator or Trustee, as applicable, at the reasonable
cost of the holder of such Serviced Companion Loan) for inclusion in the disclosure materials relating to any securitization of
a Serviced Companion Loan.

 

(c)           The Master Servicer, the Special Servicer, the Certificate Administrator and the Trustee, upon reasonable prior written request
given in accordance with the terms of Section 10.18(a) above, shall each timely provide (to the extent the reasonable cost
thereof is paid or caused to be paid by the holder of the related Serviced Companion Loan) to the Other Depositor and any underwriters
with respect to any securitization transaction that includes a Serviced Companion Loan such opinion(s) of counsel, certifications
and/or indemnification agreement(s) with respect to the updated description referred to in Section 10.18(b) with respect
to such party, substantially identical to those, if any, delivered by the Master Servicer, the Special Servicer, the Trustee or
the Certificate Administrator, as the case may be, or their respective counsel, in connection with the information concerning
such party in the Prospectus and/or any other disclosure materials relating to this Trust (updated as deemed appropriate by the
Master Servicer, the Special Servicer, the Trustee or the Certificate Administrator, or their respective legal counsel, as the
case may be). None of the Master Servicer, the Special Servicer, the Trustee or the Certificate Administrator shall be obligated
to deliver any such item with respect to the securitization of a Serviced Companion Loan if it did not deliver a corresponding
item with respect to this Trust.

 

(d)           Each of the Master Servicer, the Special Servicer, the Trustee and the Certificate Administrator, upon reasonable prior written
request given in accordance with the terms of Section 10.18(a) above, shall provide (to the extent the reasonable cost
thereof is paid or caused to be paid by the applicable party set forth below in this Section 10.18(d)) to the Other Depositor
and the trustee under the Other Pooling and Servicing Agreement related to any Other

 

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Securitization
Trust the following: (i) any information (including, but not limited to, disclosure information) required for such Other Securitization
Trust to comply in a timely manner with applicable filing requirements under Items 1.01 and 6.02 of Form 8-K and (ii) such opinion(s)
of counsel, certifications and/or indemnification agreement(s) with respect to such information that are substantially similar
to those delivered by the Master Servicer, the Special Servicer, the Trustee or the Certificate Administrator, as the case may
be, or their respective counsel, in connection with the information concerning such party in the Prospectus and/or any other disclosure
materials relating to this Trust.

 

In
the case of a Form 8-K that is filed by or on behalf of an Other Securitization Trust in connection with the closing of this Series
2022-B35 securitization transaction, the reasonable cost of the information, opinion(s) of counsel, certifications and indemnification
agreement(s) provided by or on behalf of the Master Servicer, the Special Servicer, the Certificate Administrator or the Trustee,
as the case may be, pursuant to this Section 10.18(d) shall be paid or caused to be paid by the applicable Serviced Companion
Loan Holder that transferred the related Serviced Companion Loan to the related Other Depositor for inclusion in such Other Securitization
Trust.

 

In
the case of a Form 8-K that is filed by or on behalf of an Other Securitization Trust as a result of the termination, removal,
resignation or any other replacement of the Master Servicer, the Special Servicer, the Trustee or the Certificate Administrator
under this Agreement, the reasonable cost of the information, opinion(s) of counsel, certifications and indemnification agreement(s)
provided by or on behalf of the Master Servicer, the Special Servicer, the Certificate Administrator or the Trustee, as the case
may be, pursuant to this Section 10.18(d) shall be paid or caused to be paid by the same party or parties required to pay
the costs and expenses relating to such termination, removal, resignation or other replacement pursuant to this Agreement.

 

Section
10.19 Termination of Exchange Act Filings With Respect to the Trust.

 

On
or prior to January 30th of the first year in which the Depositor shall provide notice to the Certificate Administrator of its
ability under applicable law, to suspend its Exchange Act filings with respect to the Trust, the Certificate Administrator shall
prepare and file a Form 15 Suspension Notification relating to the suspension of reporting in respect of the Trust under the Exchange
Act or any other form necessary to be filed with the Commission to suspend such reporting obligations. With respect to any reporting
period occurring after the filing of such form, the obligations of the parties to this Agreement under Section 10.04, Section
10.05, Section 10.06 and Section 10.07, solely insofar as they relate to the Trust, shall be suspended. The Certificate Administrator
shall provide prompt notice to the Mortgage Loan Sellers and all other parties hereto that such form has been filed. If, after
the filing of a Form 15 Suspension Notification or other applicable form, the Depositor shall provide notice to the Certificate
Administrator that it is required to resume its Exchange Act filings with respect to the Trust, the Certificate Administrator
shall recommence preparing and filing reports on Forms 10-K, 10-D, ABS-EE and 8-K with respect to the Trust as required pursuant
to Section 10.04, Section 10.05, Section 10.06 and Section 10.07, and all parties’ obligations under this Article X shall
recommence. 

ARTICLE
XI

 

ASSET
REVIEW PROVISIONS

 

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Section
11.01 Asset Review.

 

(a)           On or prior to each Distribution Date, based on the CREFC® Delinquent Loan Status Report and/or the CREFC®
Loan Periodic Update File delivered by the Master Servicer for such Distribution Date, the Certificate Administrator shall
determine if an Asset Review Trigger has occurred during the related Collection Period. If an Asset Review Trigger is determined
to have occurred, the Certificate Administrator shall promptly provide notice to the Asset Representations Reviewer, the Master
Servicer, the Special Servicer, all Certificateholders and all Uncertificated VRR Interest Owners. Any notice required to be delivered
to the Certificateholders and the Uncertificated VRR Interest Owners pursuant to this Article XI shall be delivered by
the Certificate Administrator (i) by posting such notice on the Certificate Administrator’s Website and (ii) by mailing
such notice to the Certificateholders’ addresses or the Uncertificated VRR Interest Owners’ addresses appearing in
the Certificate Register in the case of Definitive Certificates or the Uncertificated VRR Interest and by delivering such notice
via the Depository in the case of Book-Entry Certificates. The Certificate Administrator shall include in the Form 10-D relating
to the Collection Period in which the Asset Review Trigger occurred, notice of its determination together with the following statement
describing the events that caused the Asset Review Trigger to occur: “As of the [Date of Distribution], the following Mortgage
Loans identified below are 60 or more days delinquent and an Asset Review Trigger as defined in the Pooling and Servicing Agreement
has occurred.” On each Distribution Date occurring after providing such notice to Certificateholders and the Uncertificated
VRR Interest Owners, the Certificate Administrator, based on information provided to it by the Master Servicer and/or the Special
Servicer, as applicable, shall determine whether (1) any additional Mortgage Loan has become a Delinquent Loan, (2) any Mortgage
Loan has ceased to be a Delinquent Loan and (3) whether an Asset Review Trigger has ceased to exist, and, if there is an occurrence
of any of the events or circumstances identified in clauses (1), (2) and/or (3), deliver such information in a written notice
(which may be via email) in the form of Exhibit LL within two (2) Business Days of such determination to the Master Servicer,
the Special Servicer, the Operating Advisor and the Asset Representations Reviewer.

 

If
Certificateholders evidencing not less than 5% of the Voting Rights of the Certificates deliver to the Certificate Administrator,
within 90 days after the filing of the Form 10-D reporting the occurrence of an Asset Review Trigger, a written direction requesting
a vote to commence an Asset Review (an “Asset Review Vote Election”), then the Certificate Administrator shall
promptly provide written notice thereof to the Asset Representations Reviewer and to all Certificateholders and conduct a solicitation
of votes in accordance with Section 5.12 regarding whether to authorize an Asset Review. In the event there is an affirmative
vote to authorize an Asset Review by Holders of Certificates evidencing at least a majority of an Asset Review Quorum within 150
days of receipt of the Asset Review Vote Election (an “Affirmative Asset Review Vote”), the Certificate Administrator
shall promptly provide written notice thereof (the “Asset Review Notice”) to all parties to this Agreement,
the Underwriters, the Mortgage Loan Sellers, the applicable Directing Holder, the Risk Retention Consultation Parties and the
other Certificateholders (such notice to Certificateholders to be effected by posting such notice on the Certificate Administrator’s
Website and by mailing such notice to the Certificateholders’ addresses appearing in the Certificate Register in the case
of Definitive Certificates and by delivering such notice via the Depository in the case of Book-Entry Certificates). Upon receipt
of an Asset Review Notice, the Asset Representations Reviewer shall request access to the Secure Data Room by

 

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providing
the Certificate Administrator with a certification substantially in the form attached hereto as Exhibit KK. Upon receipt
of such certification, the Certificate Administrator shall grant the Asset Representations Reviewer access to the Secure Data
Room. In the event an Affirmative Asset Review Vote has not occurred within such 150-day period following the receipt of the Asset
Review Vote Election, no Certificateholder may request a vote or cast a vote for an Asset Review and the Asset Representations
Reviewer will not be required to review any Delinquent Loan unless and until (A) an additional Mortgage Loan has become a Delinquent
Loan after the expiration of such 150-day period, (B) a new Asset Review Trigger has occurred as a result or an Asset Review Trigger
is otherwise in effect, (C) the Certificate Administrator has received an Asset Review Vote Election within 90 days after the
filing of a Form 10-D reporting the occurrence of the events described in clauses (A) and (B) in this sentence and (D) an Affirmative
Asset Review Vote has occurred within 150 days after the Asset Review Vote Election described in clause (C) in this sentence.
After the occurrence of any Asset Review Vote Election or an Affirmative Asset Review Vote, no Certificateholder may make any
additional Asset Review Vote Election except as described in the immediately preceding sentence. Any reasonable out-of-pocket
expenses incurred by the Certificate Administrator in connection with administering such vote will be paid as an expense of the
Trust from the Collection Account. The Certificate Administrator shall be entitled to administer any vote in connection with the
foregoing through an agent.

 

(b)           (i)            Upon receipt from the Certificate Administrator of an Asset Review Notice with respect to a Delinquent Loan, the Custodian
(with respect to clauses (1) through (5) below for all of the Mortgage Loans), the Master Servicer (with respect to clause (6)
below for Non-Specially Serviced Loans) and the Special Servicer (with respect to clause (6) below for Specially Serviced Loans)
shall promptly (but (except with respect to clause (6)) in no event later than ten (10) Business Days after receipt of such notice
from the Certificate Administrator) provide, in electronic format, the following materials for such Delinquent Loan, in each case
to the extent in such party’s possession, to the Asset Representations Reviewer (collectively, with the Diligence Files
posted on the Secure Data Room by the Certificate Administrator pursuant to Section 4.09, a copy of the Prospectus, a copy
of each related Mortgage Loan Purchase Agreement and a copy of this Agreement, the “Review Materials”):

 

(1)            a copy of an assignment of the Mortgage in favor of the Trustee, with evidence of recording thereon, for each Delinquent Loan
that is subject to an Asset Review;

 

(2)            a copy of an assignment of any related Assignment of Leases (if such item is a document separate from the Mortgage) in favor of
the Trustee, with evidence of recording thereon, related to each Delinquent Loan that is subject to an Asset Review;

 

(3)            a copy of the assignment of all unrecorded documents relating to each Delinquent Loan that is subject to an Asset Review, if not
already covered pursuant to items (1) or (2) above;

 

(4)            a copy of all filed copies (bearing evidence of filing) or evidence of filing of any UCC financing statements related to each
Delinquent Loan that is subject to an Asset Review;

 

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(5)            a copy of an assignment in favor of the Trustee of any financing statement executed and filed in the relevant jurisdiction related
to each Delinquent Loan that is subject to an Asset Review; and

 

(6)            any other related documents that are required to be part of the Review Materials and requested to be delivered by the Master Servicer
(with respect to Non-Specially Serviced Loans) or the Special Servicer (with respect to Specially Serviced Loans) to the Asset
Representations Reviewer pursuant to clause (vii) below of this Section 11.01(b).

 

(ii)            Notwithstanding the foregoing, the Mortgage Loan Seller will not be required to deliver any information that is proprietary to
the Mortgage Loan Seller or any draft documents, privileged or internal communications, credit underwriting or due diligence analysis.

 

(iii)           The Asset Representations Reviewer may, but is under no obligation to, consider and rely upon information furnished to it by a
Person that is not a party to this Agreement or the applicable Mortgage Loan Seller, and shall do so only if such information
can be independently verified (without unreasonable effort or expense to the Asset Representations Reviewer) and is determined
by the Asset Representations Reviewer in its good faith and sole discretion to be relevant to the Asset Review conducted pursuant
to this Section 11.01 (any such information, “Unsolicited Information”).

 

(iv)           Upon receipt by the Asset Representations Reviewer of the Asset Review Notice and access to the Diligence Files posted to the
Secure Data Room with respect to a Delinquent Loan, the Asset Representations Reviewer, as an independent contractor, shall commence
a review of the compliance of each Delinquent Loan with the representations and warranties related to that Delinquent Loan (such
review, the “Asset Review”). The Asset Representations Reviewer shall perform an Asset Review with respect
to each representation and warranty made by the related Mortgage Loan Seller with respect to such Delinquent Loan in accordance
with the Asset Review Standard and the procedures set forth on Exhibit JJ (each such procedure, a “Test”).
Once an Asset Review of a Mortgage Loan is completed, no further Asset Review shall be required in respect of, or performed on,
such Mortgage Loan notwithstanding that such Mortgage Loan may continue to be a Delinquent Loan or again become a Delinquent Loan
at a time when a new Asset Review Trigger occurs and a new Affirmative Asset Review Vote is obtained subsequent to the occurrence
of such new Asset Review Trigger.

 

(v)            No Certificateholder or Uncertificated VRR Interest Owner shall have the right to change the scope of the Asset Review, and the
Asset Representations Reviewer shall not be required to review any information other than (1) the Review Materials and (2) if
applicable, Unsolicited Information.

 

(vi)           The Asset Representations Reviewer may, absent manifest error and subject to the Asset Review Standard, (i) assume, without independent
investigation or verification, that the Review Materials are accurate and complete in all material respects and (ii) conclusively
rely on such Review Materials.

 

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(vii)          In connection with an Asset Review, the Asset Representations Reviewer shall comply with the following procedures with respect
to each Delinquent Loan:

 

(A)             Within 10 Business Days after the date on which the Review Materials identified in clauses (i) through (v) of the definition of
“Review Materials” have been received by the Asset Representations Reviewer with respect to such Delinquent Loan or
in any event within 15 days after the date on which access to the Secure Data Room is provided to the Asset Representations Reviewer
by the Certificate Administrator, in the event that the Asset Representations Reviewer reasonably determines that any Review Materials
made available or delivered to the Asset Representations Reviewer are missing any documents required to complete any Test for
such Delinquent Loan, the Asset Representations Reviewer shall promptly notify the Master Servicer (with respect to Non-Specially
Serviced Loans) or the Special Servicer (with respect to Specially Serviced Loans), as applicable, of such missing documents,
and request that the Master Servicer or the Special Servicer, as applicable, promptly (but in no event later than 10 Business
Days after receipt of notification from the Asset Representations Reviewer) deliver to the Asset Representations Reviewer such
missing documents in its possession; provided that any such notification and/or request shall be in writing, specifically identifying
the documents being requested and sent to the notice address for the related party set forth in Section 12.04 of this Agreement.
In the event any missing documents are not provided by the Master Servicer or the Special Servicer, as applicable, within such
10-Business Day period, the Asset Representations Reviewer shall request such documents from the related Mortgage Loan Seller;
provided that the Mortgage Loan Seller will be required under the related Mortgage Loan Purchase Agreement to deliver any
such missing documents only to the extent such documents are in the possession of the Mortgage Loan Seller; and provided,
further, that the Mortgage Loan Seller will not be required to provide any documents that are proprietary to the related
originator or the Mortgage Loan Seller or any draft documents, privileged or internal communications, credit underwriting or due
diligence analysis.

 

(B)              Following the events in clause (A) above, and within 45 days after the date on which access to the Secure Data Room is provided
to the Asset Representations Reviewer by the Certificate Administrator, the Asset Representations Reviewer shall prepare a preliminary
report with respect to such Delinquent Loan setting forth (i) the preliminary results of the application of the Tests, (ii) if
applicable, whether the Review Materials for such Delinquent Loan are insufficient to complete any Test, (iii) a list of any applicable
missing documents together with the reasons why such missing documents are necessary to complete any Test, and (iv) (if the Asset
Representations Reviewer has so concluded) whether the absence of such documents will be deemed to be a failure of such Test (collectively,
the “Preliminary Asset Review Report”). The Asset Representations Reviewer shall provide each Preliminary Asset
Review Report to the Master Servicer (with respect to Non-Specially Serviced Loans) or the Special Servicer (with respect to Specially
Serviced Loans), who shall promptly, but in no

 

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event
later than 10 Business Days of receipt thereof, provide the Preliminary Asset Review Report to the applicable Mortgage Loan Seller.
The Asset Representations Reviewer shall include the following statement in the related correspondence when providing each Preliminary
Asset Review Report to the Master Servicer (with respect to Non-Specially Serviced Loans) or the Special Servicer (with respect
to Specially Serviced Loans): “This is a Preliminary Asset Review Report regarding an Asset Review under Section 11.01 of
the Pooling and Servicing Agreement relating to the Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates,
Series 2022-B35, requiring action by you as the recipient of such Preliminary Asset Review Report. You are required to deliver
the Preliminary Asset Review Report to the applicable Mortgage Loan Seller no later than 10 Business Days after receipt of the
Preliminary Asset Review Report.” If the Preliminary Asset Review Report indicates that any of the representations and warranties
fails or is deemed to fail any Test, the applicable Mortgage Loan Seller shall have 90 days from its receipt of the Preliminary
Asset Review Report (the “Cure/Contest Period”) to remedy or otherwise refute the failure. The applicable Mortgage
Loan Seller will be required under the related Mortgage Loan Purchase Agreement to provide any documents or any explanations to
support (i) a conclusion that a subject representation and warranty has not failed a Test or (ii) a claim that any missing documents
in the Review Materials are not required to complete a Test, in any such case to the Master Servicer (with respect to Non-Specially
Serviced Loans) or the Special Servicer (with respect to Specially Serviced Loans), and the Master Servicer or the Special Servicer,
as applicable, shall promptly, but in no event later than ten (10) Business Days after receipt from the applicable Mortgage Loan
Seller, deliver to the Asset Representations Reviewer any such documents or explanations received from the applicable Mortgage
Loan Seller given to support a claim that the representation and warranty has not failed a Test or a claim that any missing documents
in the Review Materials are not required to complete a Test.

 

(C)              Within the later of (x) 60 days after the date on which access to the Secure Data Room is provided to the Asset Representations
Reviewer by the Certificate Administrator, and (y) 10 Business Days after the expiration of the Cure/Contest Period, the Asset
Representations Reviewer shall complete an Asset Review with respect to each Delinquent Loan and deliver (i) a report, substantially
in the form attached hereto as Exhibit HH, setting forth the Asset Representations Reviewer’s findings and conclusions
as to whether or not it has determined there is any evidence of a failure of any Test based on the Asset Review, together with
a statement that the Asset Representations Reviewer’s findings and conclusions set forth in such report were not influenced
by any third party (an “Asset Review Report”), to each party to this Agreement, the related Mortgage Loan Seller
and the Controlling Class Representative (if such Delinquent Loan is not an Excluded Mortgage Loan), and (ii) a summary of the
Asset Representations Reviewer’s conclusions included in such Asset Review Report (an “Asset Review Report Summary”)
, substantially in the form attached hereto as Exhibit II, to the Trustee and Certificate Administrator (who shall include
such Asset Review Report Summary in the Form 10-D relating to the Collection Period in which such Asset

 

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Review
Report Summary is received and post such Asset Review Report Summary on the Certificate Administrator’s Website in accordance
with Section 10.04(e)). The period of time by which the Asset Review Report must be completed and delivered may be extended
by up to an additional 30 days, upon written notice to the parties to this Agreement and the applicable Mortgage Loan Seller(s),
if the Asset Representations Reviewer determines pursuant to the Asset Review Standard that such additional time is required due
to the characteristics of the Delinquent Loan(s) and/or the Mortgaged Property or Mortgaged Properties. In addition, in the event
that the Asset Representations Reviewer does not receive any documentation that it requested from the Master Servicer (with respect
to Performing Serviced Loans), the Special Servicer (with respect to Specially Serviced Loans) or the applicable Mortgage Loan
Seller in sufficient time to allow the Asset Representations Reviewer to complete its Asset Review and deliver an Asset Review
Report, the Asset Representations Reviewer shall prepare the Asset Review Report solely based on the documents received by the
Asset Representations Reviewer with respect to the related Delinquent Loan, and the Asset Representations Reviewer shall have
no responsibility to independently obtain any such documents from any party to this or otherwise.

 

(viii)        Within thirty (30) days after receipt of an Asset Review Report with respect to any Mortgage Loan, the Enforcing Servicer shall
determine, based on the Servicing Standard, whether there exists a Material Defect with respect to such Mortgage Loan. If the
Enforcing Servicer determines that a Material Defect exists, the Enforcing Servicer shall enforce the obligations of the related
Mortgage Loan Seller with respect to such Material Defect in accordance with Section 2.03(a).

 

(ix)           In no event may the Asset Representations Reviewer determine whether any Test failure constitutes a Material Defect, or whether
the Trust should enforce any rights it may have against the applicable Mortgage Loan Seller, which, in each case, shall be the
responsibility of the Enforcing Servicer pursuant to Section 2.03(a) or Section 11.01(b)(viii) of this Agreement.

 

(c)           The Asset Representations Reviewer and its Affiliates shall keep confidential any Privileged Information received from any party
to this Agreement or any Sponsor (including, without limitation, in connection with the review of the Mortgage Loans) and not
disclose such Privileged Information to any Person (including Certificateholders and the Uncertificated VRR Interest Owners),
other than (1) to the extent expressly required by this Agreement in an Asset Review Report or otherwise, to the other parties
to this Agreement with a notice indicating that such information is Privileged Information or (2) pursuant to a Privileged Information
Exception. Each party to this Agreement that receives Privileged Information from the Asset Representations Reviewer with a notice
stating that such information is Privileged Information shall not disclose such Privileged Information to any Person without the
prior written consent of the Special Servicer other than pursuant to a Privileged Information Exception. In addition, the Asset
Representations Reviewer shall keep all documents and information received by the Asset Representations Reviewer in connection
with an Asset Review that are provided by the applicable Mortgage Loan Seller, the Master Servicer and the Special Servicer confidential

 

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and
shall not disclose such documents except for purposes of complying with its duties and obligations hereunder.

 

(d)          The Asset Representations Reviewer may delegate its duties to agents or subcontractors so long as the related agreements or arrangements
with such agents or subcontractors are consistent with the provisions of this Section 11.01; provided that no agent
or subcontractor may (i) be affiliated with any Mortgage Loan Seller, Master Servicer, Special Servicer, the Depositor, the Certificate
Administrator, the Trustee, the Controlling Class Representative or any of their respective Affiliates or (ii) have been paid
any fees, compensation or other remuneration by an Underwriter, Master Servicer, Special Servicer, the Depositor, the Certificate
Administrator, the Trustee, the Controlling Class Representative or any of their respective Affiliates in connection with due
diligence or other services with respect to any Mortgage Loan prior to the Closing Date. Notwithstanding the foregoing sentence,
the Asset Representations Reviewer shall remain obligated and primarily liable for any Asset Review required hereunder in accordance
with the provisions of this Agreement without diminution of such obligation or liability or related obligation or liability by
virtue of such delegation or arrangements or by virtue of indemnification from any Person acting as its agents or subcontractor
to the same extent and under the same terms and conditions as if the Asset Representations Reviewer alone were performing its
obligations under this Agreement. The Asset Representations Reviewer shall be entitled to enter into an agreement with any agent
or subcontractor providing for indemnification of the Asset Representations Reviewer by such agent or subcontractor, and nothing
contained in this Agreement shall be deemed to limit or modify such indemnification.

 

(e)           With respect to any Delinquent Loan that is an Outside Serviced Mortgage Loan, to the extent any documents required by the Asset
Representations Reviewer to complete a Test are missing or have not been received from the related Mortgage Loan Seller, the Asset
Representations Reviewer shall request such document(s) from the related Outside Servicer (if such Outside Serviced Mortgage Loan
is being serviced by an Outside Servicer) or the related Outside Special Servicer (if such Outside Serviced Mortgage Loan is being
serviced by an Outside Special Servicer), the related Outside Trustee and the related Outside Certificate Administrator (and,
in each case, such other party as contemplated under the related Outside Servicing Agreement or related Co-Lender Agreement).

 

Section
11.02 Payment of Asset Representations Asset Review Fee and Expenses; Limitation of Liability.

 

(a)           As compensation for the performance of its routine duties, the Asset Representations Reviewer shall be paid as an ongoing fee
(the “Asset Representations Reviewer Ongoing Fee”), payable monthly from amounts received in respect of each
Mortgage Loan (including any Outside Serviced Mortgage Loan), and for any Distribution Date an amount accrued during the related
Interest Accrual Period at 0.00022% per annum (the “Asset Representations Reviewer Ongoing Fee Rate”)
on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent
Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in
such Interest Accrual Period, and shall be calculated on the same interest accrual basis as such Mortgage Loan and prorated for
any partial periods. The Asset Representations Reviewer

 

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Ongoing
Fee shall be payable from amounts on deposit in the Collection Account as set forth in Section 3.06(a).

 

(b)           Upon the completion of an Asset Review with respect to one or more Delinquent Loans and receipt by the related Mortgage Loan Seller
of a written invoice from the Asset Representations Reviewer, the related Mortgage Loan Seller is required under the related Mortgage
Loan Purchase Agreement to pay to the Asset Representations Reviewer within forty-five (45) days after such written invoice a
fee (the “Asset Representations Reviewer Asset Review Fee”) that is equal to the sum of: (i) $19,000 multiplied
by the number of Delinquent Loans subject to any Asset Review (for purposes of this Section 11.02(b), the “Subject
Loans”) plus (ii) $1,900 per Mortgaged Property relating to the Subject Loans in excess of one Mortgaged Property per
Subject Loan, plus (iii) $2,500 per Mortgaged Property relating to a Subject Loan subject to a Ground Lease, plus (iv) $1,400
per Mortgaged Property relating to a Subject Loan subject to a franchise agreement, hotel management agreement or hotel license
agreement, subject, in the case of each of clauses (i) through (iv), to annual adjustments on the basis of the year-end Consumer
Price Index for All Urban Consumers or, if the Consumer Price Index for All Urban Consumers is no longer calculated, another similar
index for the year of the Closing Date and for the year in which the related Asset Review Notice is given. The Asset Representations
Reviewer Asset Review Fee with respect to each Delinquent Loan shall be paid by the related Mortgage Loan Seller; provided,
however, that if (1) the related Mortgage Loan Seller is insolvent or (2) at any time after the outstanding Certificate
Balances of the Control Eligible Certificates have been reduced to zero as a result of the allocation of Realized Losses to such
Certificates, the related Mortgage Loan Seller fails to pay such amount within 90 days following receipt of the Asset Representations
Reviewer’s invoice, then such fee shall be paid by the Trust Fund following delivery by the Asset Representations Reviewer
of evidence reasonably satisfactory to the Special Servicer of such insolvency or failure to pay such amount; and provided,
further, that notwithstanding any payment of such fee by the Trust to the Asset Representations Reviewer, such fee will
remain an obligation of the related Mortgage Loan Seller, and the Special Servicer shall determine whether to pursue (and, if
it determines to do so, shall pursue) remedies against such Mortgage Loan Seller or its insolvency estate to recover any such
amounts to the extent paid by the Trust. If paid by the Trust Fund as described in the immediately preceding sentence, the Asset
Representations Reviewer Asset Review Fee with respect to each Delinquent Loan shall be payable from funds on deposit in the Collection
Account as set forth in Section 3.06(a).

 

(c)           Notwithstanding the foregoing, the Asset Representations Reviewer Asset Review Fee with respect to a Delinquent Loan shall be
included in the Purchase Price for any such Delinquent Loan that was the subject of a completed Asset Review that is repurchased
by a Mortgage Loan Seller, and such portion of the Purchase Price received shall be used to reimburse the Asset Representations
Reviewer or the Trust, as the case may be, for such fees pursuant to Section 11.02(b).

 

(d)           The Asset Representations Reviewer shall be liable in accordance herewith only to the extent of the obligations specifically imposed
by this Agreement.

 

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Section
11.03 Resignation of the Asset Representations Reviewer.

 

The
Asset Representations Reviewer may resign and be discharged from its obligations hereunder by giving written notice thereof to
the other parties to this Agreement and each Rating Agency. In addition, the Asset Representations Reviewer shall at all times
be an Eligible Asset Representations Reviewer, and shall resign if it fails to be an Eligible Asset Representations Reviewer (and
such failure results in an Asset Representations Reviewer Termination Event) by giving written notice to the Depositor, the Master
Servicer, the Special Servicer, the Trustee, the Operating Advisor, the Certificate Administrator and the applicable Directing
Holder. Upon such notice of resignation, the Depositor shall promptly appoint a successor asset representations reviewer that
is an Eligible Asset Representations Reviewer. No resignation of the Asset Representations Reviewer will be effective until a
successor Asset Representations Reviewer that is an Eligible Asset Representations Reviewer has been appointed and accepted the
appointment. If no successor Asset Representations Reviewer shall have been so appointed and have accepted appointment within
30 days after the giving of such notice of resignation, the resigning Asset Representations Reviewer may petition any court of
competent jurisdiction for the appointment of a successor asset representations reviewer that is an Eligible Asset Representations
Reviewer. The Asset Representations Reviewer shall bear all costs and expenses of each party hereto and each Rating Agency in
connection with its resignation and the transfer of its duties.

 

Section
11.04 Restrictions of the Asset Representations Reviewer.

 

Neither
the Asset Representations Reviewer nor any of its Affiliates shall make any investment in any Class of Certificates or the Uncertificated
VRR Interest; provided, however, that such prohibition shall not apply to (i) riskless principal transactions effected by a broker
dealer Affiliate of the Asset Representations Reviewer or (ii) investments by an Affiliate of the Asset Representations Reviewer
if the Asset Representations Reviewer and such Affiliate maintain policies and procedures that (A) segregate personnel involved
in the activities of the Asset Representations Reviewer under this Agreement from personnel involved in such Affiliate’s
investment activities and (B) prevent such Affiliate and its personnel from gaining access to information regarding the Trust
and the Asset Representations Reviewer and its personnel from gaining access to such Affiliate’s information regarding its
investment activities.

 

Section
11.05 Termination of the Asset Representations Reviewer.

 

(a)           An “Asset Representations Reviewer Termination Event” means any one of the following events whether it shall
be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any
order, rule or regulation of any administrative or governmental body:

 

(i)             any failure by the Asset Representations Reviewer to observe or perform in any material respect any of its covenants or agreements
or the material breach of any of its representations or warranties under this Agreement, which failure shall continue unremedied
for a period of thirty (30) days after the date on which written notice

 

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of
such failure is given to the Asset Representations Reviewer by the Trustee or to the Asset Representations Reviewer and the Trustee
by the Holders of Certificates having greater than 25% of the aggregate Voting Rights; provided, however, that with
respect to any such failure which is not curable within such 30-day period, the Asset Representations Reviewer will have an additional
cure period of 30 days to effect such cure so long as it has commenced to cure such failure within the initial 30-day period and
has provided the Trustee and the Certificate Administrator with an Officer’s Certificate certifying that it has diligently
pursued, and is continuing to pursue, such cure;

 

(ii)            any failure by the Asset Representations Reviewer to perform its obligations hereunder in accordance with the Asset Review Standard
in any material respect, which failure shall continue unremedied for a period of thirty (30) days after the date written notice
of such failure is given to the Asset Representations Reviewer by any party to this Agreement;

 

(iii)           any failure by the Asset Representations Reviewer to be an Eligible Asset Representations Reviewer, which failure shall continue
unremedied for a period of thirty (30) days following receipt of written notice by the Asset Representations Reviewer of such
failure or the Asset Representations Reviewer obtaining actual knowledge of such failure;

 

(iv)           a decree or order of a court or agency or supervisory authority having jurisdiction in the premises in an involuntary case under
any present or future federal or state bankruptcy, insolvency or similar law for the appointment of a conservator or receiver
or liquidator in any insolvency, readjustment of debt, marshaling of assets and liabilities or similar proceedings, or for the
winding-up or liquidation of its affairs, shall have been entered against the Asset Representations Reviewer, and such decree
or order shall have remained in force undischarged or unstayed for a period of sixty (60) days;

 

(v)            the Asset Representations Reviewer shall consent to the appointment of a conservator or receiver or liquidator or liquidation
committee in any insolvency, readjustment of debt, marshaling of assets and liabilities, voluntary liquidation, or similar proceedings
of or relating to the Asset Representations Reviewer or of or relating to all or substantially all of its property; or

 

(vi)           the Asset Representations Reviewer shall admit in writing its inability to pay its debts generally as they become due, file a
petition to take advantage of any applicable insolvency or reorganization statute, make an assignment for the benefit of its creditors,
or voluntarily suspend payment of its obligations.

 

Upon
receipt by the Certificate Administrator of written notice of the occurrence of any Asset Representations Reviewer Termination
Event, the Certificate Administrator shall promptly provide written notice to all Certificateholders and the Uncertificated VRR
Interest Owners (and simultaneously deliver such written notice to the Asset Representations Reviewer) in accordance with the
notice distribution procedures described in Section 11.01(a), unless the Certificate Administrator has received written
notice that such Asset Representations Reviewer Termination Event has been remedied. If an Asset Representations Reviewer Termination
Event

 

    - 467 -

     

    

 

shall
occur then, and in each and every such case, so long as such Asset Representations Reviewer Termination Event shall not have been
remedied, either the Trustee (i) may or (ii) upon the written direction of Holders of Certificates evidencing not less than 25%
of the Voting Rights (without regard to the application of any Appraisal Reduction Amounts), shall, terminate all of the rights
and obligations of the Asset Representations Reviewer under this Agreement, other than rights and obligations accrued prior to
such termination (including the right to receive all amounts accrued and owing to it under this Agreement) and other than indemnification
rights (arising out of events occurring prior to such termination), by notice in writing to the Asset Representations Reviewer.
The Asset Representations Reviewer is required to bear all reasonable costs and expenses of itself and of each other party to
this Agreement in connection with its termination due to an Asset Representations Reviewer Termination Event. Notwithstanding
anything herein to the contrary, the Depositor and each Mortgage Loan Seller shall have the right, but not the obligation, to
notify the Certificate Administrator and the Trustee of any Asset Representations Reviewer Termination Event of which it becomes
aware.

 

(b)           Upon (i) the written direction of Holders of Certificates evidencing not less than 25% of the Voting Rights (without regard to
the application of any Appraisal Reduction Amounts) requesting a vote to terminate and replace the Asset Representations Reviewer
with a proposed successor asset representations reviewer that is an Eligible Asset Representations Reviewer and (ii) payment by
such Holders to the Certificate Administrator of the reasonable fees and expenses to be incurred by the Certificate Administrator
in connection with administering such vote, the Certificate Administrator shall promptly provide written notice of such requested
vote to the Asset Representations Reviewer and to all Certificateholders by (i) posting such notice on the Certificate Administrator’s
Website, and (ii) mailing such notice to all Certificateholders at their addresses appearing in the Certificate Register and to
the Asset Representations Reviewer. Upon the affirmative vote of the Holders of Certificates evidencing at least 75% of the Voting
Rights allocable to the Certificates of those Holders that exercise their right to vote (provided that Holders representing the
applicable Certificateholder Quorum exercise their right to vote within 180 days of the initial request for a vote (which, for
the avoidance of doubt, is the date on which the aforementioned notice was mailed to the Certificateholders)), the Trustee shall
terminate all of the rights and obligations of the Asset Representations Reviewer under this Agreement (other than any rights
or obligations that accrued prior to the date of such termination and other than indemnification rights arising out of events
occurring prior to such termination) by notice in writing to the Asset Representations Reviewer and appoint the proposed successor.
As between the Asset Representations Reviewer, on the one hand, and the Certificateholders, on the other, the Certificateholders
shall be entitled in their sole discretion to vote for the termination or not vote for the termination of the Asset Representations
Reviewer. In the event that Holders of the Certificates entitled to the requisite Voting Rights elect to remove the Asset Representations
Reviewer without cause and appoint a successor, the successor asset representations reviewer shall be responsible for all expenses
necessary to effect the transfer of responsibilities from its predecessor.

 

(c)           On or after the receipt by the Asset Representations Reviewer of written notice of termination, subject to this Section 11.05,
all of its authority and power under this Agreement shall be terminated and, without limitation, the terminated Asset Representations
Reviewer shall execute any and all documents and other instruments, and do or accomplish all other acts or things reasonably necessary
or appropriate to effect the purposes of such notice of

 

    - 468 -

     

    

 

termination.
As soon as practicable, but in no event later than 30 days after (1) the Asset Representations Reviewer resigns pursuant to Section
11.03 of this Agreement or (2) the Trustee delivers such written notice of termination to the Asset Representations Reviewer,
the Depositor (in the case of a resignation of the Asset Representations Reviewer pursuant to Section 11.03) or the Trustee
(in the case of a termination of the Asset Representations Reviewer pursuant to Section 11.05(b)), as applicable, shall
appoint a successor asset representations reviewer that is an Eligible Asset Representations Reviewer. The Trustee shall provide
written notice of the appointment of an Asset Representations Reviewer to the Master Servicer, the Special Servicer, the Operating
Advisor, the Certificate Administrator, the Directing Holder, each Certificateholder and the Uncertificated VRR Interest Owners
within one Business Day of such appointment. Notwithstanding the foregoing, if the Trustee is unable to find a successor asset
representations reviewer within thirty (30) days of the termination of the Asset Representations Reviewer, the Depositor shall
be permitted, but not obligated, to find a replacement. The Trustee shall not be liable for any failure to identify and appoint
a successor asset representations reviewer so long as the Trustee uses commercially reasonable efforts to conduct a search for
a successor asset representations reviewer and such failure is not a result of the Trustee’s negligence, bad faith or willful
misconduct in the performance of its obligations hereunder.

 

The
Asset Representations Reviewer shall at all times be an Eligible Asset Representations Reviewer. If the Asset Representations
Reviewer ceases to be an Eligible Asset Representations Reviewer, the Asset Representations Reviewer shall immediately notify
the Depositor, the Master Servicer, the Special Servicer, the Trustee, the Operating Advisor, the Certificate Administrator and
the Directing Holder of such disqualification and, if an Asset Representations Reviewer Termination Event occurs as a result,
immediately resign under Section 11.03 of this Agreement, and a successor asset representations reviewer shall be appointed
in accordance with Section 11.03.

 

(d)           Upon any termination of the Asset Representations Reviewer and appointment of a successor to the Asset Representations Reviewer,
the Trustee shall, as soon as possible, give written notice thereof to the Special Servicer, the Master Servicer, the Certificate
Administrator (who shall, as soon as possible, give written notice thereof to the Certificateholders and the Uncertificated VRR
Interest Owners), the Operating Advisor, the Mortgage Loan Sellers, the Depositor, each Rating Agency and, prior to the occurrence
and continuance of a Consultation Termination Event, the Controlling Class Representative. In the event that the Asset Representations
Reviewer is terminated, all of its rights and obligations under this Agreement shall terminate, other than any rights or obligations
that accrued prior to the date of such termination (including the right to receive all amounts accrued and owing to it under this
Agreement) and other than indemnification rights (arising out of events occurring prior to such termination).

 

ARTICLE
XII

 

MISCELLANEOUS
PROVISIONS

 

Section
12.01 Counterparts.

 

This
Agreement may be executed simultaneously in any number of counterparts, each of which counterparts shall be deemed to be an original,
and such counterparts shall constitute

 

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but
one and the same instrument. Delivery of an executed counterpart of a signature page of this Agreement (and, to the extent permitted
under applicable law, each officer’s certificate, receipt or similar closing document delivered in connection with the closing
of the transaction contemplated by this Agreement) in Portable Document Format (PDF), Tagged Image File Format (TIF or TIFF),
..JPG or .JPEG file format, or by facsimile transmission shall be as effective as delivery of a manually executed original counterpart
of this Agreement.

 

Section
12.02 Limitation on Rights of Certificateholders and the Uncertificated VRR Interest Owners.

 

The
death or incapacity of any Certificateholder or any Uncertificated VRR Interest Owner shall not operate to terminate this Agreement
or the Trust Fund, nor entitle such Certificateholder’s or Uncertificated VRR Interest Owner’s legal representatives
or heirs to claim an accounting or to take any action or proceeding in any court for a partition or winding up of the Trust Fund,
nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

 

No
Certificateholder or Uncertificated VRR Interest Owner shall have any right to vote (except as expressly provided for herein)
or in any manner otherwise control the operation and management of the Trust Fund, or the obligations of the parties hereto, nor
shall anything herein set forth, or contained in the terms of the Certificates, be construed so as to constitute the Certificateholders
and the Uncertificated VRR Interest Owners from time to time as partners or members of an association; nor shall any Certificateholder
or Uncertificated VRR Interest Owner be under any liability to any third person by reason of any action taken by the parties to
this Agreement pursuant to any provision hereof.

 

No
Certificateholder or Uncertificated VRR Interest Owner shall have any right to institute any suit, action or proceeding in equity
or at law upon or under or with respect to this Agreement, any Mortgage Loan or Serviced Loan Combination, unless such Person
previously shall have given to the Trustee a written notice of default and of the continuance thereof, as hereinbefore provided,
and unless also the Holders of at least 25% of the Voting Rights of any Class of Certificates affected thereby shall have made
written request upon the Trustee (with a copy to the Certificate Administrator) to institute such action, suit or proceeding in
its own name as Trustee hereunder and shall have offered to the Trustee such reasonable indemnity as it may require against the
costs, expenses and liabilities to be incurred therein or thereby, and the Trustee, for 60 days after its receipt of such notice,
request and offer of indemnity, shall have neglected or refused to institute any such action, suit or proceeding. It is understood
and intended, and expressly covenanted by each Certificateholder with every other Certificateholder and the Trustee, that no one
or more Holders of Certificates of any Class shall have any right in any manner whatever by virtue of any provision of this Agreement
to affect, disturb or prejudice the rights of the Holders of any other of such Certificates, or to obtain or seek to obtain priority
over or preference to any other such Holder, or to enforce any right under this Agreement, except in the manner herein provided
and for the equal, ratable and common benefit of all Holders of Certificates of such Class. It is understood and intended, and
expressly covenanted by each Uncertificated VRR Interest Owner with every Certificateholder and the Trustee, that such Uncertificated
VRR Interest Owner shall not have any right in any manner whatever by virtue of any provision of this Agreement to affect, disturb
or prejudice the rights of the Holders of Certificates of any Class, or to obtain or

 

    - 470 -

     

    

 

seek
to obtain priority over or preference to any such Holder, or to enforce any right under this Agreement, except in the manner herein
provided and for the equal, ratable and common benefit of all Combined VRR Interest Owners. For the protection and enforcement
of the provisions of this Section, each and every Certificateholder and the Trustee shall be entitled to such relief as can be
given either at law or in equity.

 

Section
12.03 Governing Law.

 

THIS
AGREEMENT AND ANY CLAIM, CONTROVERSY OR DISPUTE ARISING UNDER OR RELATED TO THIS AGREEMENT, THE RELATIONSHIP OF THE PARTIES TO
THIS AGREEMENT, AND/OR THE INTERPRETATION AND ENFORCEMENT OF THE RIGHTS AND DUTIES OF THE PARTIES TO THIS AGREEMENT SHALL BE GOVERNED
BY AND CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS AND DECISIONS OF THE STATE OF NEW YORK, WITHOUT REGARD TO THE CHOICE OF
LAW RULES THEREOF. THE PARTIES HERETO INTEND THAT THE PROVISIONS OF SECTIONS 5-1401 AND 5-1402 OF THE NEW YORK GENERAL OBLIGATIONS
LAW SHALL APPLY TO THIS AGREEMENT.

 

Section
12.04 Notices.

 

Unless
otherwise specifically provided in this Agreement, any communications provided for or permitted hereunder shall be in writing
and, unless otherwise expressly provided herein, shall be deemed to have been duly given if (a) personally delivered, (b) mailed
by registered mail, postage prepaid (except for notices to the Trustee or the Certificate Administrator which shall be deemed
to have been duly given only when received), (c) sent by nationally recognized express courier delivery service and received by
the addressee, (d) transmitted by facsimile transmission (or any other type of electronic transmission agreed upon by the parties)
and received by the addressee or (e) only with respect to any addressee of any party for which an electronic mail address is set
forth below, sent by electronic mail (provided, however, any notice provided by electronic mail shall not be considered delivered
until receipt of such electronic mail is confirmed by the addressee), to the applicable party at the following address(es), or
as to each such Person such other address or e-mail address as may hereafter be furnished by such Person to the parties hereto
in writing:

 

		(i)	in
                                         the case of the Depositor:

 

Citigroup
Commercial Mortgage Securities Inc.

388
Greenwich Street, 6th Floor 

New
York, New York 10013

Attention: Richard Simpson

Fax number: (646) 328-2943

 

with
a copy to:

 

Citigroup
Commercial Mortgage Securities Inc.

390 Greenwich Street, 5th Floor

 

    - 471 -

     

    

 

New
York, New York 10013

Attention:
Raul Orozco 

Fax
number: (347) 394-0898

 

with a copy to:

 

Citigroup
Commercial Mortgage Securities Inc.

388
Greenwich Street, 17th Floor 

New
York, New York 10013

Attention: Ryan M. O’Connor

Fax number: (646) 862-8988

 

with
electronic copies e-mailed to:

 

Richard
Simpson at richard.simpson@citi.com and

Ryan M. O’Connor at ryan.m.oconnor@citi.com

 

		(ii)	in
the case of the Master Servicer:

 

KeyBank
National Association

11501
Outlook Street, Suite 300

Overland
Park, Kansas 66211

Attention:
Michael Tilden 

(877)
379-1625 

Email:
Michael_a_tilden@keybank.com with a copy to:

 

Polsinelli 

900
West 48th Place, Suite 900

Kansas City, Missouri 64112

Attn:
Kraig Kohring 

Fax
Number: (816) 753-1536

 

Email: kkohring@polsinelli.com

 

		(iii)	in
                                         the case of the Special Servicer:

 

KeyBank
National Association

11501 Outlook Street, Suite 300

Overland Park, Kansas 66211

Attention:
Alan Williams 

(877)
379-1625 

Email:
keybank_notices@keybank.com

 

with a copy to:

 

Polsinelli 

900
West 48th Place, Suite 900

 

    - 472 -

     

    

   

	 	Kansas City, Missouri 64112
	 	Attn: Kraig Kohring
	 	Fax Number: (816) 753-1536
	 	Email: kkohring@polsinelli.com

 

		(iv)	in
the case of the Certificate Administrator:

  

	 	Computershare Trust Company, National Association
	 	9062 Old Annapolis Road
	 	Columbia, Maryland 21045
	 	Attention: Corporate Trust Services – Benchmark 2022-B35
	 	with a copy to:
	 	cts.cmbs.bond.admin@wellsfargo.com
	 	trustadministrationgroup@wellsfargo.com
	 	 
	 	In the case of any transfer or surrender of a Risk Retention Certificate pursuant to
	 	Article V:
	 	 
	 	Computershare Trust Company, National Association
	 	9062 Old Annapolis Road
	 	Columbia, Maryland 21045
	 	Attention: Risk Retention Custody (CMBS) – Benchmark 2022-B35
	 	with a copy to:
	 	riskretentioncustody@wellsfargo.com
	 	 
	 	In the case of the Custodian:
	 	 
	 	Computershare Trust Company, National Association
	 	1055 10th Avenue SE
	 	Minneapolis, Minnesota 55414
	 	Attention: Document Custody Group – Benchmark 2022-B35
	 	with a copy to:
	 	cmbscustody@wellsfargo.com
	 	 
	 	In the case of a surrender, transfer or exchange of a Certificate other than a Risk
	 	Retention Certificate:
	 	 
	 	Computershare Trust Company, National Association
	 	600 South 4th Street, 7th Floor
	 	Minneapolis, Minnesota 55415
	 	Attention: CTS - Certificate Transfer Services - Benchmark 2022-B35

 

	 	(iii)           in the case of the Trustee:

 

	 	Wilmington Trust, National Association
	 	1100 North Market Street

 

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	 	Wilmington, Delaware 19890
	 	Attention: CMBS Trustee Benchmark 2022-B35
	 	Fax number: (302) 636-4140
	 	 
	 	Email: cmbstrustee@wilmingtontrust.com

 

(v)
           in the case of each of the Operating Advisor and the Asset Representations Reviewer:

 

	 	Park Bridge Lender Services LLC
	 	600 Third Avenue, 40th Floor
	 	New York, New York 10016
	 	Attention: Benchmark 2022-B35—  Surveillance Manager
	 	 
	 	with copies sent contemporaneously via email to
	 	cmbs.notices@parkbridgefinancial.com

 

(vi)          
in the case of the Rating Agencies:

 

	 	Moody’s Investors Service, Inc.
	 	7 World Trade Center
	 	New York, New York 10007
	 	Attention: Commercial Mortgage Surveillance Group
	 	Fax number: (212) 553-0300
	 	Email: CMBSSurveillance@Moodys.com
	 	 
	 	Fitch Ratings, Inc.
	 	300 West 57th Street
	 	New York, New York 10019
	 	Attention: Commercial Mortgage Surveillance Group
	 	Facsimile No.: (212) 635-0295
	 	E-mail: info.cmbs@fitchratings.com
	 	 
	 	DBRS, Inc.
	 	22 West Washington Street, Chicago, Illinois 60602
	 	Attention: CMBS Surveillance
	 	Email: CMBS.surveillance@morningstar.com

 

(iv)          
in the case of the Mortgage Loan Sellers:

 

	 	Citi Real Estate Funding Inc.
	 	388 Greenwich Street, 6th Floor
	 	New York, New York 10013
	 	Attention: Richard Simpson
	 	Fax number: (646) 328-2943

    - 474 -

     

    

	 	 
	 	with a copy to:
	 	 
	 	Citi Real Estate Funding Inc.
	 	390 Greenwich Street, 5th Floor
	 	New York, New York 10013
	 	Attention: Raul Orozco
	 	Fax number: (347) 394-0898
	 	 
	 	with a copy to:
	 	 
	 	Citi Real Estate Funding Inc.
	 	388 Greenwich Street, 17th Floor
	 	New York, New York 10013
	 	Attention: Ryan M. O’Connor
	 	Fax number: (646) 862-8988
	 	 
	 	with copies by electronic mail to:
	 	 
	 	Richard Simpson at richard.simpson@citi.com
	 	Ryan M. O’Connor
    at ryan.m.oconnor@citi.com
	 	and, in the case of
    each Rule 15Ga 1 Notice, cmbs.notice@citi.com
	 	 
	 	German American Capital Corporation
	 	1 Columbus Circle
	 	New York, New York 10019
	 	Attention: Lainie Kaye
	 	 
	 	with a copy by electronic
    mail to lainie.kaye@db.com and to
	 	cmbs.requests@db.com
	 	 
	 	Goldman Sachs Mortgage Company
	 	200 West Street
	 	New York, New York 10282
	 	Attention: Leah Nivison
	 	E-mail: leah.nivison@gs.com
	 	 
	 	with a copy to:
	 	E-mail: gs-refgsecuritization@gs.com
	 	 
	 	with a copy to:
	 	 
	 	Goldman Sachs Mortgage Company
	 	200 West Street
	 	New York, New York 10282
	 	Attention: Structured Finance Legal (REFG)

    - 475 -

     

    

	 	E-mail: gs-refglegal@gs.com
	 	 
	 	JPMorgan Chase Bank, National Association
	 	383 Madison Avenue, 31st Floor
	 	New York, New York 10179
	 	Attention: Kunal K. Singh Email: US_CMBS_Notice@jpmorgan.com

 

(vii)         
in the case of the Underwriters:

 

	 	Citigroup Global Markets Inc.
	 	388 Greenwich Street, 6th Floor
	 	New York, New York 10013
	 	Attention: Richard Simpson
	 	Fax number: (646) 328-2943
	 	 
	 	with a copy to:
	 	 
	 	Citigroup Global Markets Inc.
	 	390 Greenwich Street, 5th Floor
	 	New York, New York 10013
	 	Attention: Raul Orozco
	 	Fax number: (347) 394-0898
	 	 
	 	with a copy to:
	 	 
	 	Citigroup Global Markets Inc.
	 	388 Greenwich Street, 17th Floor
	 	New York, New York 10013
	 	Attention: Ryan M. O’Connor
	 	Fax number: (646) 862-8988
	 	 
	 	with copies by electronic mail to:
	 	 
	 	Richard Simpson at richard.simpson@citi.com
    and
	 	Ryan M. O’Connor at ryan.m.oconnor@citi.com
	 	 
	 	Deutsche Bank Securities Inc.
	 	1 Columbus Circle
	 	New York, New York 10019
	 	Attention: Lainie Kaye
	 	 
	 	with a copy by electronic mail to:
	 	lainie.kaye@db.com and to cmbs.requests@db.com
	 	 
	 	Goldman Sachs & Co. LLC
	 	200 West Street

 

    - 476 -

     

    

 

	 	New York, New York 10282
	 	Attention: Leah Nivison
	 	E-mail: leah.nivison@gs.com
	 	 
	 	with a copy to:
	 	E-mail: gs-refgsecuritization@gs.com
	 	 
	 	with a copy to:
	 	 
	 	Goldman Sachs & Co. LLC
	 	200 West Street
	 	New York, New York 10282
	 	Structured Finance Legal (REFG)
	 	E-mail: gs-refglegal@gs.com
	 	 
	 	J.P. Morgan Securities LLC
	 	383 Madison Avenue, 8th Floor
	 	New York, New York 10179
	 	Attention: SPG Syndicate
	 	Email: ABS_Synd@jpmorgan.com
	 	 
	 	with a copy to:
	 	 
	 	J.P. Morgan Securities LLC
	 	4 New York Plaza, Floor 21
	 	New York, New York 10004-2413
	 	Attention: SPG Legal
	 	Email: US_CMBS_Notice@jpmorgan.com
	 	 
	 	Bancroft Capital, LLC
	 	501 Office Center Drive, Suite 130
	 	Fort Washington, Pennsylvania 19034
	 	Attention: Steve Ivcic
	 	fax number: (484) 373-4748
	 	 
	 	Drexel Hamilton, LLC
	 	77 Water Street, Suite 701
	 	New York, New York 10005
	 	Attention: John D. Kerin, Director of Debt Syndicate
	 	facsimile number: (646) 412-1500

 

(viii)        
in the case of the Initial Purchasers:

 

	 	Citigroup Global Markets Inc.
	 	388 Greenwich Street, 6th Floor
	 	New York, New York 10013

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	 	Attention: Richard Simpson
	 	Fax number: (646) 328-2943
	 	 
	 	with a copy to:
	 	 
	 	Citigroup Global Markets Inc.
	 	390 Greenwich Street, 5th Floor
	 	New York, New York 10013
	 	Attention: Raul Orozco
	 	Fax number: (347) 394-0898
	 	 
	 	with a copy to:
	 	 
	 	Citigroup Global Markets Inc.
	 	388 Greenwich Street, 17th Floor
	 	New York, New York 10013
	 	Attention: Ryan M. O’Connor
	 	Fax number: (646) 862-8988
	 	 
	 	with copies by electronic mail to:
	 	 
	 	Richard Simpson at richard.simpson@citi.com
    and
	 	Ryan M. O’Connor at ryan.m.oconnor@citi.com
	 	 
	 	Deutsche Bank Securities Inc.
	 	1 Columbus Circle
	 	New York, New York 10019
	 	Attention: Lainie Kaye
	 	 
	 	with a copy by electronic mail to:
	 	lainie.kaye@db.com and to cmbs.requests@db.com
	 	 
	 	Goldman Sachs & Co. LLC
	 	200 West Street
	 	New York, New York 10282
	 	Attention: Leah Nivison
	 	E-mail: leah.nivison@gs.com
	 	 
	 	with a copy to:
	 	E-mail: gs-refgsecuritization@gs.com
	 	 
	 	with a copy to:
	 	 
	 	Goldman Sachs & Co. LLC
	 	200 West Street
	 	New York, New York 10282

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	 	Structured Finance Legal (REFG)
	 	E-mail: gs-refglegal@gs.com
	 	 
	 	J.P. Morgan Securities LLC
	 	383 Madison Avenue, 8th Floor
	 	New York, New York 10179
	 	Attention: SPG Syndicate
	 	Email: ABS_Synd@jpmorgan.com
	 	 
	 	with a copy to:
	 	 
	 	J.P. Morgan Securities LLC
	 	4 New York Plaza, Floor 21
	 	New York, New York 10004-2413
	 	Attention: SPG Legal
	 	Email: US_CMBS_Notice@jpmorgan.com
	 	 
	 	Bancroft Capital, LLC
	 	501 Office Center Drive, Suite 130
	 	Fort Washington, Pennsylvania 19034
	 	Attention: Steve Ivcic
	 	fax number: (484) 373-4748
	 	 
	 	Drexel Hamilton, LLC
	 	77 Water Street, Suite 701
	 	New York, New York 10005
	 	Attention: John D. Kerin, Director of Debt Syndicate
	 	facsimile number: (646) 412-1500

 

(ix)          
in the case of the initial Controlling Class Representative:

 

	 	LD III Sub VII, LLC
	 	c/o Prime Finance
	 	1330 Avenue of the Americas, Suite 2500
	 	New York, New York 10019
	 	Attention: Jon W. Brayshaw and Luke Dann
	 	 
	 	with a copy to:
	 	 
	 	Polsinelli
	 	900 West 48th Place
	 	Suite 900
	 	Kansan City, Missouri 64112
	 	Attention: Kraig Kohring
	 	Facsimile number: (816) 753-1536

 

(x)
           in the case of the initial VRR1 Risk Retention Consultation Party:

 

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	 	Citi Real Estate Funding Inc.
	 	388 Greenwich Street, 6th Floor
	 	New York, New York 10013
	 	Attention: Richard Simpson
	 	Fax number: (646) 328-2943
	 	 
	 	with a copy to:
	 	 
	 	Citi Real Estate Funding Inc.
	 	390 Greenwich Street, 5th Floor
	 	New York, New York 10013
	 	Attention: Raul Orozco
	 	Fax number: (347) 394-0898
	 	 
	 	with a copy to:
	 	 
	 	Citi Real Estate Funding Inc.
	 	388 Greenwich Street, 17th Floor
	 	New York, New York 10013
	 	Attention: Ryan M. O’Connor
	 	Fax number: (646) 862-8988
	 	 
	 	with electronic copies e-mailed to:
	 	 
	 	Richard Simpson at richard.simpson@citi.com and
	 	Ryan M. O’Connor at ryan.m.oconnor@citi.com.

 

(xi)          

in the case of the initial VRR2 Risk Retention Consultation Party:

 

	 	Goldman Sachs Mortgage Company
	 	200 West Street
	 	New York, New York 10282
	 	Attention: Leah Nivison
	 	E-mail: leah.nivison@gs.com
	 	 
	 	with a copy to:
	 	E-mail: gs-refgsecuritization@gs.com
	 	 
	 	with a copy to:
	 	 
	 	Goldman Sachs Mortgage Company
	 	200 West Street
	 	New York, New York 10282
	 	Structured Finance Legal (REFG)
	 	E-mail: gs-refglegal@gs.com

 

    - 480 -

     

    

  

Any
communication required or permitted to be delivered to a Certificateholder or an Uncertificated VRR Interest Owner shall be deemed
to have been duly given when mailed first class, postage prepaid, to the address of such Holder or Uncertificated VRR Interest
Owner as shown in the Certificate Register. Any communication required or permitted to be delivered to a Certificate Owner shall
be deemed to have been duly given to the extent delivered through the Depository. Any notice so mailed within the time prescribed
in this Agreement shall be conclusively presumed to have been duly given, whether or not the Certificateholder or the Uncertificated
VRR Interest Owner receives such notice. Notwithstanding anything contained in this Section 12.04 to the contrary, nothing
in this Section 12.04 shall constitute consent by any party hereto to service of process upon such party by facsimile transmission,
electronic mail or any other type of electronic transmission.

 

The
obligation of any party to this Agreement to deliver any notices, reports or other information to any Other Depositor, Other Servicer,
Other Special Servicer, Other Trustee or Other 17g-5 Information Provider shall be effective in each case only to the extent such
party to this Agreement has received notice of the identity and contact information of such Other Depositor, Other Servicer, Other
Special Servicer, Other Trustee or Other 17g-5 Information Provider, as applicable. Any such party may conclusively rely on the
name and contact information provided by the related Other Depositor, Other Servicer, Other Special Servicer, Other Trustee or
Other 17g-5 Information Provider, as applicable, and shall be entitled to assume that the identity and contact information for
such Other Depositor, Other Servicer, Other Special Servicer, Other Trustee or Other 17g-5 Information Provider, as applicable,
has not changed, absent receipt of written notice from such Other Depositor, Other Servicer, Other Special Servicer, Other Trustee
or Other 17g-5 Information Provider, or a replacement thereof under the applicable Other Pooling and Servicing Agreement, of a
change with respect to the identity and contact information for such Other Depositor, Other Servicer, Other Special Servicer,
Other Trustee or Other 17g-5 Information Provider, or a replacement thereof under the applicable Other Pooling and Servicing Agreement,
as applicable.

 

Section
12.05 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, to the extent permitted by applicable law, 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 or of the Certificates or the rights of the Holders thereof.

 

Section
12.06 Notice to the Rule 17g-5 Information Provider, Depositor and Each Rating Agency.

 

(a)           The Certificate Administrator shall use its best efforts to promptly prepare a written notice, and provide such notice by e-mail
to the Rule 17g-5 Information Provider (if the Certificate Administrator is for any reason not the Rule 17g-5 Information Provider)
and the Depositor, with respect to each of the following items of which a Responsible Officer of the Certificate Administrator
has actual knowledge, and the Rule 17g-5 Information Provider shall

 

    - 481 -

     

    

 

upload
such notice to the Rule 17g-5 Information Provider’s Website on the same Business Day of receipt if received by 2:00 p.m.
or, if received after 2:00 p.m., on the next Business Day by 12:00 p.m. and shall, promptly following the posting of such notice
to the Rule 17g-5 Information Provider’s Website, notify, or cause the notification of, each Registered Rating Agency (other
than any Registered Rating Agency that has indicated to the Rule 17g-5 Information Provider of its election to not receive such
notification) by electronic mail of the posting of such notice, which electronic mail may be automatically generated by the Rule
17g-5 Information Provider’s Website:

 

(i)
            any material change or amendment to this Agreement;

 

(ii)

           the occurrence of any Servicer Termination Event that has not been cured;

 

(iii)
          the merger, consolidation, resignation or termination of the Master Servicer,
Special Servicer, the Trustee or the Certificate Administrator or any Outside Servicer, Outside Special Servicer or Outside Trustee;

 

(iv)
          the repurchase of, or substitution of, Mortgage Loans pursuant to Section
2.03;

 

(v)
           the final payment to any Class of Certificateholders or any Uncertificated
VRR Interest Owner;

 

(vi)           any change in the location of the Interest Reserve Account, the Excess Liquidation Proceeds Reserve Account, the Excess Interest
Distribution Account or any Distribution Account;

 

(vii)          any event that would result in the voluntary or involuntary termination of any insurance of the accounts of the Master Servicer;
and

 

(viii)        
any change in the lien priority of a Mortgage Loan.

 

(b)          The Master Servicer or the Special Servicer shall promptly furnish by e-mail (or any other form of electronic delivery reasonably
acceptable to the Master Servicer or the Special Servicer, as applicable, and the Rule 17g-5 Information Provider) to the Rule
17g-5 Information Provider and the Depositor copies of the following (to the extent not already delivered or made available pursuant
to the terms of this Agreement), and the Rule 17g-5 Information Provider shall upload such documents to the Rule 17g-5 Information
Provider’s Website on the same Business Day of receipt if received by 2:00 p.m. or, if received after 2:00 p.m., on the
next Business Day by 12:00 p.m., and the Rule 17g-5 Information Provider shall, promptly following the posting of such documents
to the Rule 17g-5 Information Provider’s Website, notify, or cause the notification of, each Registered Rating Agency (other
than any Registered Rating Agency that has indicated to the Rule 17g-5 Information Provider of its election to not receive such
notification) by electronic mail of the posting of such documents, which electronic mail may be automatically generated by the
Rule 17g-5 Information Provider’s Website:

 

(i)             each of its annual statements as to compliance described in Section 10.08 of this Agreement;

 

    - 482 -

     

    

 

(ii)            each of its annual reports on assessment of compliance with servicing criteria described in Section 10.09 of this Agreement;

 

(iii)           each of its annual independent public accountants’ servicing reports described in Section 10.10 of this Agreement;

 

(iv)           upon request by the Depositor, the Rule 17g-5 Information Provider, any Rating Agency or any Companion Loan Rating Agency, a copy
of each operating and other financial statements, rent rolls, occupancy reports, and sales reports to the extent such information
is required to be delivered under a Mortgage Loan, in each case to the extent collected pursuant to Section 3.03(a) or
Section 4.02(b); and

 

(v)            upon request by the Depositor, the Rule 17g-5 Information Provider, any Rating Agency or any Companion Loan Rating Agency, each
inspection report prepared in connection with any inspection conducted pursuant to Section 3.18 of this Agreement.

 

(c)           The Certificate Administrator shall promptly furnish by e-mail (or any other form of electronic delivery reasonably acceptable
to the Certificate Administrator and the Rule 17g-5 Information Provider) to the Rule 17g-5 Information Provider (if the Certificate
Administrator is for any reason not the Rule 17g-5 Information Provider) and the Depositor copies of the items set forth in Section
8.11(b) of this Agreement (to the extent not already delivered or made available pursuant to the terms of this Agreement and
to the extent such items were prepared by or delivered to the Certificate Administrator in electronic format), and the Rule 17g-5
Information Provider shall upload such documents to the Rule 17g-5 Information Provider’s Website on the same Business Day
of receipt if received by 2:00 p.m. or, if received after 2:00 p.m., on the next Business Day by 12:00 p.m.

 

(d)           After any notice, document or item has been posted by the Rule 17g-5 Information Provider to the Rule 17g-5 Information Provider’s
Website pursuant to Sections 12.06(a), 12.06(b) or 12.06(c), the Rule 17g-5 Information Provider may send
such posted notice, document or item to a Registered Rating Agency.

 

Section
12.07 Amendment.

 

This
Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer, the Special Servicer,
the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator is then acting as Custodian),
the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders, any of the Uncertificated
VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

(a)           to cure any ambiguity to the extent that it does not adversely affect any holders of Certificates or any Uncertificated VRR Interest
Owner;

 

    - 483 -

     

    

 

(b)           to correct or supplement any of its provisions which may be inconsistent with any other provisions of this Agreement or with the
description thereof in the Prospectus or to correct any error;

 

(c)           to change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation Proceeds Reserve Account, the
Excess Interest Distribution Account, the Distribution Account or any REO Account, provided that (A) the Master Servicer
Remittance Date shall in no event be later than the Business Day prior to the related Distribution Date and (B) the change would
not adversely affect in any material respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner,
as evidenced by an opinion of counsel (at the expense of the party requesting the amendment);

 

(d)           to modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain the qualification of any Trust REMIC
as a REMIC or the Grantor Trust as a grantor trust or to avoid or minimize the risk of imposition of any tax on the Trust Fund,
provided that the Trustee and the Certificate Administrator have received an opinion of counsel (at the expense of the
party requesting the amendment) to the effect that (1) the action is necessary or desirable to maintain such qualification or
to avoid or minimize such risk and (2) the action will not adversely affect in any material respect the interests of any holder
of the Certificates or any Uncertificated VRR Interest Owner, (B) to restrict (or to remove any existing restrictions with respect
to) the transfer of the Class R Certificates, provided that the Depositor has determined that the amendment will not give
rise to any tax with respect to the transfer of the Class R Certificates to a non-Permitted Transferee, (C) to the extent necessary
to comply with the Investment Company Act, as amended, the Exchange Act, Regulation AB, Regulation RR and/or any related regulatory
actions and/or interpretations or (D) in the event that Regulation RR (or any portion thereof) or any other regulations applicable
to the risk retention requirements for this securitization transaction are amended or repealed, to the extent required to comply
with any such amendment or to modify or eliminate any risk retention requirements no longer applicable to this securitization
transaction in light of such repeal;

 

(e)           to make any other provisions with respect to matters or questions arising under this Agreement or any other change, provided
that the amendment will not adversely affect in any material respect the interests of any Certificateholder or any Uncertificated
VRR Interest Owner, as evidenced by an opinion of counsel;

 

(f)            to modify the procedures herein relating to Rule 17g-5; provided that such modification does not increase the obligations
of the Trustee, the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer, the Master Servicer
or the Special Servicer without such party’s consent (which consent may not be withheld unless such modification would materially
adversely affect such party or materially increase such party’s obligations under this Agreement); provided, further
that notice of such modification is provided to all parties to this Agreement; and

 

(g)           to amend or supplement any provision of this Agreement to the extent necessary to maintain the ratings assigned to each Class
of Certificates by any of the Rating Agencies, provided that the amendment will not adversely affect in any material respect
the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

    - 484 -

     

    

 

provided,
further that no amendment pursuant to any of clauses (a) through (g) above may be made that would: (A) reduce
the consent or consultation rights or the right to receive information under this Agreement of the Controlling Class Representative
without the consent of the Controlling Class Representative; (B) reduce the consultation rights or the right to receive information
under this Agreement of the Operating Advisor without the consent of the Operating Advisor; (C) change in any manner the obligations
or rights of any Mortgage Loan Seller under this Agreement or the applicable Mortgage Loan Purchase Agreement without the consent
of the affected Mortgage Loan Seller; (D) change in any manner the obligations or rights of any Underwriter or Initial Purchaser,
without the consent of the affected Underwriter or Initial Purchaser; or (E) adversely affect any Serviced Companion Loan Holder
in its capacity as such without its consent. Expenses incurred with respect to any amendment shall be borne by the party requesting
such amendment, unless the Master Servicer, the Special Servicer or the Trustee is requesting an amendment for the benefit of
the Certificateholders, then in which case such expense will be borne by the Trust.

 

This
Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of the Depositor, the Master
Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee with the consent of the Holders of Certificates representing
not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected by the amendment for the purpose of adding
any provisions to or changing in any manner or eliminating any of the provisions of this Agreement or of modifying in any manner
the rights of the Certificateholders and the Uncertificated VRR Interest Owners; provided, however, that no such
amendment shall:

 

(i)             reduce in any manner the amount of, or delay the timing of, payments received on the Serviced Loans which are required to be distributed
on a Certificate of any Class or the Uncertificated VRR Interest or to any Serviced Companion Loan Holder, as applicable, without
the consent of the Holder of that Certificate, the Uncertificated VRR Interest Owners or that Serviced Companion Loan Holder,
as applicable;

 

(ii)            reduce the aforesaid percentage of Certificates of any Class or of the Uncertificated VRR Interest, the Holders (or, in the case
of the Uncertificated VRR Interest, the owners) of which are required to consent to the amendment without the consent of the Holders
of all Certificates of that Class then outstanding or of the Uncertificated VRR Interest Owners, as applicable;

 

(iii)           change in any manner the obligations or rights of any Mortgage Loan Seller under this Agreement or the related Mortgage Loan Purchase
Agreement without the consent of the affected Mortgage Loan Seller;

 

(iv)           change
the definition of “Servicing Standard” without either (A) consent of 100% of the Certificateholders and the Uncertificated
VRR Interest Owners or (B) Rating Agency Confirmation;

 

(v)            without the consent of 100% of the Certificateholders of the Class or Classes of Certificates, or the Uncertificated VRR Interest
Owners, that is adversely

 

    - 485 -

     

    

 

affected
thereby, change (A) the percentages of Voting Rights of Certificateholders that are required to consent to any action or inaction
under this Agreement, (B) the right of the Certificateholders to remove the Special Servicer pursuant to this Agreement or (C)
the right of the Certificateholders to terminate the Operating Advisor pursuant to this Agreement;

 

(vi)           adversely affect the Controlling Class Representative without the consent of 100% of the Controlling Class Certificateholders;

 

(vii)          adversely affect a Serviced Companion Loan Holder in its capacity as such without its consent; or

 

(viii)         change in any manner the obligations or rights of any Underwriter or Initial Purchaser without the consent of the affected Underwriter
or Initial Purchaser.

 

In
the event that neither the Depositor nor any successor thereto, if any, is in existence, any amendment under this Section 12.07
shall be effective with the consent of the Trustee, the Operating Advisor, the Asset Representations Reviewer, the Certificate
Administrator, the Custodian (if the Certificate Administrator is then acting as Custodian), the Special Servicer, the Master
Servicer, in writing, and to the extent required by this Section, the Certificateholders, the Uncertificated VRR Interest Owners,
the Serviced Companion Loan Holders, the Mortgage Loan Sellers, the Underwriters and/or the Initial Purchasers, as applicable.
Promptly after the execution of any amendment, (A) the Master Servicer shall forward a copy thereof to the Trustee, the Operating
Advisor, the Asset Representations Reviewer, the Certificate Administrator, the Custodian (if the Certificate Administrator is
then acting as Custodian), the Special Servicer, each Serviced Companion Loan Holder, each Mortgage Loan Seller, each Underwriter,
each Initial Purchaser and (B) the Certificate Administrator shall furnish written notification of the substance of such amendment
to each Certificateholder, post a copy of such amendment to the Certificate Administrator’s Website, and deliver a copy
of such amendment to the Rule 17g-5 Information Provider who shall post a copy of such amendment to the Rule 17g-5 Information
Provider’s Website pursuant to Section 12.13 of this Agreement. It shall not be necessary for the consent of Certificateholders,
the Uncertificated VRR Interest Owners or the Serviced Companion Loan Holders, the Mortgage Loan Sellers, Underwriters or the
Initial Purchasers, as applicable, under this Section 12.07 to approve the particular form of any proposed amendment, but
it shall be sufficient if such consent shall approve the substance thereof. The method of obtaining such consents and of evidencing
the authorization of the execution thereof by Certificateholders, the Uncertificated VRR Interest Owners or the Serviced Companion
Loan Holders, the Mortgage Loan Sellers, Underwriters or the Initial Purchasers, as applicable, shall be subject to such reasonable
regulations as the Trustee may prescribe; provided, however, that such method shall always be by affirmation and
in writing.

 

Notwithstanding
any contrary provision of this Agreement, no amendment shall be made to this Agreement or any Custodial Agreement unless, if requested
by the Master Servicer, the Special Servicer, the Trustee, the Custodian (if the Certificate Administrator is then acting as Custodian),
and/or the Certificate Administrator, such party shall have received an Opinion of Counsel, at the expense of the party requesting
such amendment (or, if such amendment is required by any Rating Agency to maintain the rating issued by it or requested by the
Trustee or the

 

    - 486 -

     

    

 

Certificate
Administrator for any purpose described in clause (a) or (b) of the first sentence of this Section 12.07, then at the expense
of the Trust Fund), to the effect that such amendment will not cause any Trust REMIC to fail to qualify as a REMIC or cause the
Grantor Trust to fail to qualify as a grantor trust for federal income tax purposes at any time that any Certificates are outstanding,
and will not cause a tax to be imposed on the Trust Fund (other than a tax at the corporate tax rate on net income from foreclosure
property pursuant to Code Section 860G(c)). Prior to the execution of any amendment to this Agreement or any Custodial Agreement,
the Trustee, the Certificate Administrator, the Custodian (if the Certificate Administrator is then acting as Custodian), the
Special Servicer and the Master Servicer may request and shall be entitled to rely conclusively upon an Opinion of Counsel, at
the expense of the party requesting such amendment (or, if such amendment is required by any Rating Agency to maintain the rating
issued by it or requested by the Trustee or the Certificate Administrator for any purpose described in clause (a), (b), (c)
or (e) (which does not modify or otherwise relate solely to the obligations, duties or rights of the Trustee or the Certificate
Administrator, as applicable) of the first sentence of this Section 12.07, then at the expense of the Trust Fund) stating
that the execution of such amendment is authorized or permitted by this Agreement, and that all conditions precedent to such amendment
are satisfied. Each of the Trustee, the Custodian (if the Certificate Administrator is then acting as Custodian) and the Certificate
Administrator may, but shall not be obligated to, enter into any such amendment which affects the Trustee’s, the Custodian’s
(if the Certificate Administrator is then acting as Custodian) or the Certificate Administrator’s, as applicable, own rights,
duties or immunities under this Agreement. Any party hereto requesting an amendment to this Agreement shall provide (x) notice
of such amendment no later than 3 Business Days prior to the anticipated date of execution, and (y) a copy of the executed amendment
no later than the date of execution, to each Other Depositor (and counsel thereto) and Other Exchange Act Reporting Party under
each Other Pooling and Servicing Agreement (which may be by email) in order for each Companion Loan Holder to timely comply with
its obligations under the Exchange Act. The party requesting an amendment to this Agreement shall provide to the Rule 17g-5 Information
Provider, for posting on the Rule 17g-5 Information Provider’s Website pursuant to Section 12.13 of this Agreement,
prior written notice of such proposed amendment.

 

Section
12.08 Confirmation of Intent.

 

The
Depositor intends that the conveyance of the Depositor’s right, title and interest in and to the Mortgage Loans pursuant
to this Agreement shall constitute a sale and not a pledge of security for a loan. If such conveyance is deemed to be a pledge
of security for a loan, however, the Depositor intends that the rights and obligations of the parties to such loan shall be established
pursuant to the terms of this Agreement. The Depositor also intends and agrees that, in such event, (i)    
the Depositor shall be deemed to have granted to the Trustee (in such capacity) a first priority security interest in the Depositor’s
entire right, title and interest in and to the assets comprising the Trust Fund, including without limitation, the Mortgage Loans,
all principal and interest received or receivable with respect to the Mortgage Loans (other than principal and interest payments
due and payable prior to the Cut-Off Date and Principal Prepayments received prior to the Cut-Off Date), all amounts held from
time to time in the Collection Account, the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve
Account and, if established, the Excess Liquidation Proceeds Reserve Account and the REO Account, and all reinvestment earnings
on such amounts, and all of the Depositor’s right, title and interest in and to any Insurance Proceeds related to such Mortgage
Loans and (ii) this Agreement shall constitute a security agreement under

 

    - 487 -

     

    

 

applicable
law. This Section 12.08 shall constitute notice to the Trustee pursuant to any of the requirements of the applicable UCC.

 

Section
12.09 Third-Party Beneficiaries.

 

Except
as provided in (i) Section 3.01(j)(iv) of this Agreement and (ii) the next sentence, no Persons other than a party to this Agreement,
any Companion Loan Holder (unless it is the Mortgagor under the applicable Companion Loan or an Affiliate thereof), any Uncertificated
VRR Interest Owner and any Certificateholder, shall have any rights with respect to the enforcement of any of the rights or obligations
hereunder. Any Underwriter or Initial Purchaser (with respect to its rights to receive any documents, certifications, information
and/or indemnification hereunder and its rights under Section 2.02, Section 5.03 and Section 12.07 of this Agreement), any Companion
Loan Holder (in respect of the rights afforded it under this Agreement, any related Other Servicer shall be entitled to enforce
the rights of such Companion Loan Holder under this Agreement and the related Co-Lender Agreement), any Mortgage Loan Seller (with
respect to its rights under Article II, Section 3.09(d)(i), Section 12.07 and Section 12.16 of this Agreement and its rights as
a Privileged Person), the Retaining Sponsor (with respect to its rights under Section 5.02(f) and Section 5.03(i)), any Other
Depositor and Other Exchange Act Reporting Party (with respect to its rights under Article X of this Agreement), any Other Servicer
and Other Special Servicer (with respect to all provisions herein expressly relating to compensation, reimbursement or indemnification
of such Other Servicer or Other Special Servicer, as the case may be, and the provisions herein regarding coordination of Advances)
and, subject to Section 12.02 of this Agreement, any Certificateholder or any Uncertificated VRR Interest Owner (which are intended
third-party beneficiaries of this Agreement) shall have the right to enforce their respective rights and obligations hereunder
(in the case of any Serviced Companion Loan Holder, to the extent they affect the related Serviced Companion Loan and provided
that such Serviced Companion Loan Holder is not the Mortgagor under the related Companion Loan or an Affiliate thereof) as if
each such Person was a party hereto.

 

Without
limiting the foregoing, the parties to this Agreement specifically state that no Mortgagor, property manager or other party to
a Mortgage Loan is an intended third-party beneficiary of this Agreement.

 

Section
12.10 Request by Certificateholders or the Serviced Companion Loan Holder.

 

Where
information or reports are required to be delivered to a Certificateholder or a Serviced Companion Loan Holder, as applicable,
upon request pursuant to the terms of this Agreement, such request can be in the form of a single blanket request by a Certificateholder
or a Serviced Companion Loan Holder, as applicable, to the Certificate Administrator, the Master Servicer or the Special Servicer,
as applicable, and, with respect to such Certificateholder or a Serviced Companion Loan Holder, as applicable, such request shall
be deemed to relate to each date such report or information may be requested. The notice shall set forth the applicable Sections
where such reports and information are requested.

 

    - 488 -

     

    

 

Section
12.11 Waiver of Jury Trial.

 

THE
PARTIES HERETO HEREBY WAIVE, TO THE FULLEST EXTENT PERMITTED BY LAW, THE RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM,
WHETHER IN CONTRACT, TORT OR OTHERWISE, RELATING DIRECTLY OR INDIRECTLY TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY.

 

Section
12.12 Submission to Jurisdiction.

 

EACH
OF THE PARTIES HERETO IRREVOCABLY (I) SUBMITS TO THE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK AND THE FEDERAL COURTS
OF THE UNITED STATES OF AMERICA FOR THE SOUTHERN DISTRICT OF NEW YORK FOR THE PURPOSE OF ANY SUCH ACTION OR PROCEEDING RELATING
TO THIS AGREEMENT; (II) WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, THE DEFENSE OF AN INCONVENIENT FORUM IN ANY SUCH ACTION
OR PROCEEDING IN ANY SUCH COURT; (III) AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING IN ANY SUCH COURT SHALL BE
CONCLUSIVE AND MAY BE ENFORCED IN ANY OTHER JURISDICTION BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW; AND (IV)
CONSENTS TO SERVICE OF PROCESS UPON IT BY MAILING A COPY THEREOF BY CERTIFIED MAIL ADDRESSED TO IT AS PROVIDED FOR NOTICES HEREUNDER
AND AGREES THAT NOTHING HEREIN SHALL AFFECT THE RIGHT TO EFFECT SERVICE OF PROCESS IN ANY MANNER PERMITTED BY LAW.

 

Section
12.13 Exchange Act Rule 17g-5 Procedures.

 

(a)           Except as otherwise provided in Section 12.06 of this Agreement or this Section 12.13 or otherwise in this Agreement
or as required by law, none of the Master Servicer, the Special Servicer, the Certificate Administrator, the Trustee, the Operating
Advisor or the Custodian shall provide any information directly to, or communicate with, either orally or in writing, any Rating
Agency regarding the Certificates or the Mortgage Loans relevant to the Rating Agencies’ surveillance of the Certificates
or the Mortgage Loans, including, but not limited to, providing responses to inquiries from a Rating Agency regarding the Certificates
or the Mortgage Loans relevant to such Rating Agency’s surveillance of the Certificates. To the extent that a Rating Agency
makes an inquiry or initiates communications with the Master Servicer, the Special Servicer, the Certificate Administrator, the
Trustee, the Operating Advisor or the Custodian regarding the Certificates or the Mortgage Loans relevant to such Rating Agency’s
surveillance of the Certificates, all responses to such inquiries or communications from such Rating Agency shall be made in writing
by the responding party and shall be provided to the Rule 17g-5 Information Provider as provided in Section 12.13(h), whereupon
the Rule 17g-5 Information Provider shall post such written response to the Rule 17g-5 Information Provider’s Website on
the same Business Day of receipt of such response if received by 2:00 p.m. or, if received after 2:00 p.m., on the next Business
Day by 12:00 p.m. (or, if the responding party is the Rule 17g-5 Information Provider,

 

    - 489 -

     

    

 

on
the same Business Day of preparation of such response if prepared by 2:00 p.m. or, if prepared after 2:00 p.m., on the next Business
Day by 12:00 p.m.), and the Rule 17g-5 Information Provider shall, promptly after such response has been posted to the Rule 17g-5
Information Provider’s Website, notify, or cause the notification of, each Registered Rating Agency by electronic mail of
the posting of such response.

 

(b)           To the extent that any of the Master Servicer, the Special Servicer, the Certificate Administrator, the Trustee, the Operating
Advisor or the Custodian is required to provide any information to, or communicate with, any Rating Agency in accordance with
its obligations under this Agreement, the Master Servicer, the Special Servicer, the Certificate Administrator, the Trustee, the
Operating Advisor or the Custodian, as applicable, shall do so in writing and shall provide such written information or communication
to the Rule 17g-5 Information Provider electronically as provided in Section 12.13(h), whereupon the Rule 17g-5 Information
Provider shall upload such information or communication to the Rule 17g-5 Information Provider’s Website on the same Business
Day of receipt of such response if received by 2:00 p.m. or, if received after 2:00 p.m., on the next Business Day by 12:00 p.m.
(or, if the applicable party is the Rule 17g-5 Information Provider, on the same Business Day of preparation of such response
if prepared by 2:00 p.m. or, if prepared after 2 p.m., on the next Business Day by 12:00 p.m.), and the Rule 17g-5 Information
Provider shall, promptly after such written information or communication has been uploaded to the Rule 17g-5 Information Provider’s
Website, notify, or cause the notification of, each Registered Rating Agency by electronic mail of the posting of such written
information or communication. The foregoing shall include any Rating Agency Confirmation request made pursuant to this Agreement,
which shall be in writing, with a cover letter indicating the nature of the request and shall include all information the requesting
party believes is reasonably necessary for the applicable Rating Agency to make its decision.

 

(c)           Notwithstanding the provisions of Section 12.13(a) or Section 12.13(b) of this Agreement, any of the Master Servicer,
the Special Servicer, the Certificate Administrator, the Trustee, the Operating Advisor or the Custodian shall be permitted (but
are not required) to orally communicate with the Rating Agencies in accordance with their respective obligations under this Agreement,
under the following circumstances: (i) such party provides a written summary of the information provided to the Rating Agencies
during such communication to the 17g-5 Information Provider electronically as provided in Section 12.13(h) on the same
day such oral communication takes place (provided that the summary of such oral communications shall not be attributed
to the Rating Agency the communication was with); or (ii) the Depositor, in its sole discretion, provides a written authorization
(which may be by electronic email) from the Depositor to the Master Servicer, the Special Servicer, the Certificate Administrator,
the Trustee, the Operating Advisor or the Custodian, as applicable, to orally communicate with such Rating Agency (including,
but not limited to, providing responses to inquiries from such Rating Agency); provided, that any such authorization shall
set forth the procedures that such party shall follow if it elects (in its sole discretion) to orally communicate with the applicable
Rating Agency, which procedures shall be reasonable and customary as is necessary to allow compliance with Rule 17g-5. The 17g-5
Information Provider shall post any summary, communication or other information provided to it in accordance with this paragraph
on the 17g-5 Information Provider’s Website in accordance with the procedures set forth in Section 12.13(h).

 

    - 490 -

     

    

 

(d)           Each of the Rule 17g-5 Information Provider, the Master Servicer, the Special Servicer, the Certificate Administrator, the Trustee,
the Operating Advisor and the Custodian (each, an “Indemnifying Party”) hereby expressly agrees to indemnify
and hold harmless the Depositor and its respective officers, directors, shareholders, members, managers, employees, agents, Affiliates
and controlling persons, and the Trust Fund (each, an “Indemnified Party”), from and against any and all losses,
liabilities, damages, claims, judgments, costs, fees, penalties, fines, forfeitures or other expenses (including reasonable legal
fees and expenses, which for the avoidance of doubt include reasonable attorneys’ fees and expenses related to the enforcement
of this indemnity), joint or several, to which any such Indemnified Party may become subject, under the Act, the Exchange Act
or otherwise, pursuant to a third-party claim, insofar as such losses, liabilities, damages, claims, judgments, costs, fees, penalties,
fines, forfeitures or other expenses (including such reasonable legal fees and expenses) arise out of or are based upon (i) such
Indemnifying Party’s breach of Section 12.06, Section 12.13(a), Section 12.13(b), Section 12.13(c),
Section 12.13(g) or Section 12.13(h) of this Agreement or (ii) a determination by any Rating Agency that it cannot
reasonably rely on representations made by the Depositor or any Affiliate thereof pursuant to Exchange Act Rule 17g-5(a)(3), to
the extent caused by any such breach referred to in clause (i) above by the applicable Indemnifying Party, and will reimburse
such Indemnified Party for any legal or other expenses reasonably incurred by such Indemnified Party in connection with investigating
or defending any such action or claim, as such expenses are incurred. The Depositor shall notify each of the Master Servicer and
the Special Servicer in writing of any change in the identity or contact information of the Rule 17g-5 Information Provider (if
it is not also the Certificate Administrator).

 

(e)           None of the Master Servicer, the Special Servicer, the Certificate Administrator (unless the Certificate Administrator is acting
in the capacity of the Rule 17g-5 Information Provider), the Trustee, the Operating Advisor or the Custodian shall have any liability
for (i) the Rule 17g-5 Information Provider’s failure to post information provided by the Master Servicer, the Special Servicer,
the Certificate Administrator, the Trustee, the Operating Advisor or the Custodian in accordance with the terms of this Agreement,
(ii) any malfunction or disabling of the Rule 17g-5 Information Provider’s Website or (iii) such party’s failure to
perform any of its obligations under this Agreement regarding providing information or communication to the Rating Agencies that
are required to be performed after the Rule 17g-5 Information Provider posts the related information or communication if the Rule
17g-5 Information Provider fails to notify such party that it has posted such information or communication on the Rule 17g-5 Information
Provider’s Website.

 

(f)            None of the foregoing restrictions in this Section 12.13 prohibit or restrict oral or written communications, or providing
information, between the Master Servicer or the Special Servicer, on the one hand, and any Rating Agency, on the other hand, with
regard to (i) such Rating Agency’s review of the ratings it assigns to the Master Servicer or the Special Servicer, as applicable,
(ii) such Rating Agency’s approval of the Master Servicer or the Special Servicer, as applicable, as a commercial mortgage
master, special or primary servicer or (iii) such Rating Agency’s evaluation of the Master Servicer’s or the Special
Servicer’s, as applicable, servicing operations in general; provided, however, that the Master Servicer or
the Special Servicer, as applicable, shall not provide any information relating to the Certificates or the Mortgage Loans to such
Rating Agency in connection with such review and evaluation by such Rating Agency unless: (x) borrower, property or deal
specific identifiers are redacted; (y) the Master Servicer or the

 

    - 491 -

     

    

 

Special
Servicer, as applicable, has in fact previously provided such information to the Rule 17g-5 Information Provider and does not
provide such information to such Rating Agency until the earlier of (i) receipt of notification from the Rule 17g-5 Information
Provider that such information has been posted to the Rule 17g-5 Information Provider’s Website and (ii) after 12:00 p.m.
on the first Business Day following the date it has provided such information to the Rule 17g-5 Information Provider; or (z) such
Rating Agency has confirmed in writing to the Master Servicer or the Special Servicer, as applicable, that it does not intend
to use such information in undertaking credit rating surveillance for any Class of Certificates (and the party providing such
information to a Rating Agency shall, upon written request, certify to the Depositor that it received the confirmation described
in this clause (z)).

 

(g)           The Rule 17g-5 Information Provider shall establish and maintain the Rule 17g-5 Information Provider’s Website in the form
of a password-protected Internet Website in accordance with this Section 12.13 and Section 12.06 of this Agreement.

 

(h)           The Rule 17g-5 Information Provider shall post on the Rule 17g-5 Information Provider’s Website and make available solely
to the Rating Agencies and other NRSROs, the following items, to the extent such items are delivered to it in an electronic document
format suitable for website posting (and the parties required to deliver the following information to the Rule 17g-5 Information
Provider agree to do so in such format) via electronic mail at 17g5informationprovider@wellsfargo.com,
specifically with a subject reference of “Benchmark 2022-B35” and an identification of the type of information
being provided in the body of such electronic mail (or via any alternative electronic mail address following notice to the parties
hereto or any other delivery method established or approved by the Rule 17g-5 Information Provider if or as may be necessary or
beneficial):

 

(i)             all items delivered to the Rule 17g-5 Information Provider pursuant to Section 12.06;

 

(ii)            all information and communications delivered to the Rule 17g-5 Information Provider pursuant to Sections 12.13(a), 12.13(b)
and 12.13(c);

 

(iii)           any Form ABS Due Diligence-15E delivered to the Rule 17g-5 Information Provider pursuant to Section 12.13(l) or by the
Depositor;

 

(iv)           any transaction documents, closing documents and opinions relating to this transaction delivered to the Rule 17g-5 Information
Provider by the Depositor; and

 

(v)            any other information delivered to the Rule 17g-5 Information Provider pursuant to this Agreement.

 

The
17g-5 Information Provider shall post the foregoing items on the 17g-5 Information Provider’s Website on the same Business
Day of receipt if received by 2:00 p.m. or, if received after 2:00 p.m., on the next Business Day by 12:00 p.m., and shall, promptly
following the posting of such item to the 17g-5 Information Provider’s Website, notify, or cause the notification of, (A)
each Registered Rating Agency and (B) the party that delivered such item to

 

    - 492 -

     

    

 

the
17g-5 Information Provider for posting on the 17g-5 Information Provider’s Website, in each case by electronic mail, of
the posting of such item on the 17g-5 Information Provider’s Website.

 

The
Rule 17g-5 Information Provider shall have no obligation or duty to verify, confirm or otherwise determine whether the information
being delivered is accurate, complete, conforms to the transaction, or otherwise is or is not anything other than what it purports
to be. If any information is delivered or posted in error, the Rule 17g-5 Information Provider may remove it from the Rue 17g-5
Information Provider’s Website. The Certificate Administrator and the Rule 17g-5 Information Provider have not obtained
and shall not be deemed to have obtained actual knowledge of any information only by receipt and posting to Certificate Administrator’s
Website or the Rule 17g-5 Information Provider’s Website, as applicable. Access will be provided by the Rule 17g-5 Information
Provider to (i) the Rating Agencies upon registration at the Rule 17g-5 Information Provider’s Website as a user thereof
and (ii) other NRSROs upon registration at the Rule 17g-5 Information Provider’s Website as a user thereof and receipt by
the Rule 17g-5 Information Provider of an NRSRO Certification (which certification may be submitted via e-mail to the Rule 17g-5
Information Provider). If a NRSRO (including any Rating Agency) requests access to the 17g-5 Information Provider’s Website,
access will be granted by the 17g-5 Information Provider on the same Business Day provided such request is made (and, in the case
of a NRSRO that is not a Rating Agency, a NRSRO Certification is submitted to the Rule 17g-5 Information Provider) prior to 2:00
p.m., New York time on such Business Day, or if received after 2:00 p.m., New York City time, on the following Business Day. The
17g-5 Information Provider shall permit each Rating Agency to submit multiple email addresses for receipt of notices, including
a general email address; provided, that each email address so provided shall be associated with a registered user of the
Rule 17g-5 Information Provider’s Website. Questions regarding delivery of information to the Rule 17g-5 Information Provider
may be directed to 1-866-846-4526 and 17g5informationprovider@wellsfargo.com
(specifically referencing “Benchmark 2022-B35” in the subject line) (or to such other telephone number or e-mail address
as the Rule 17g-5 Information Provider may designate).

 

The
17g-5 Information Provider shall provide a mechanism to promptly notify each Person that has signed up for access to the 17g-5
Information Provider’s Website in respect of the transaction governed by this Agreement each time an additional document
is posted thereto. In connection with providing access to the Rule 17g-5 Information Provider’s Website, the Rule 17g-5
Information Provider may require registration and the acceptance of a disclaimer. The Rule 17g-5 Information Provider shall not
be liable for the dissemination of information in accordance with the terms of this Agreement, makes no representations or warranties
as to the accuracy or completeness of such information being made available, and assumes no responsibility for such information.
The Rule 17g-5 Information Provider shall not be liable for its failure to make any information available to the Rating Agencies
or other NRSROs unless such information was delivered to the Rule 17g-5 Information Provider at the e-mail address set forth herein
(or by any other form of electronic delivery reasonably acceptable to Rule 17g-5 Information Provider pursuant to the terms of
this Agreement), with a subject heading of “Benchmark 2022-B35” and sufficient detail to indicate that such information
is required to be posted on the Rule 17g-5 Information Provider’s Website. In connection with notifying a Registered Rating
Agency of any information posted to the Rule 17g-5 Information Provider’s Website, the Rule 17g-5 Information Provider shall
only be responsible for sending such notices to the electronic mail address(es) of such Registered Rating Agency as provided by
such Registered Rating Agency upon its

 

    - 493 -

     

    

 

registration
as user of the Rule 17g-5 Information Provider’s Website or upon any subsequent update of such electronic mail address(es)
made by such Registered Rating Agency through the Rule 17g-5 Information Provider’s Website, and the Rule 17g-5 Information
Provider shall not be responsible for sending any notices to any electronic mail address(es) of any Registered Rating Agency that
is not provided to the Rule 17g-5 Information in the manner described in this sentence.

 

(i)            In connection with the delivery by the Master Servicer, Special Servicer, Certificate Administrator, Operating Advisor or Trustee,
as applicable, to the Rule 17g-5 Information Provider of any information, report, notice or document for posting to the Rule 17g-5
Information Provider’s Website, the Rule 17g-5 Information Provider shall notify the Master Servicer, Special Servicer,
Certificate Administrator, Operating Advisor or Trustee, as applicable, of when such information, report, notice or other document
has been posted to the Rule 17g-5 Information Provider’s Website, and the Master Servicer, Special Servicer, Certificate
Administrator, Operating Advisor or Trustee, as applicable, may (but is not obligated to) send such information, report, notice
or other document to the applicable Rating Agency promptly following the earlier of (a) receipt of notification from the Rule
17g-5 Information Provider that such information, report, notice or other document has been posted to the Rule 17g-5 Information
Provider’s Website and (b) after 12:00 p.m. on the first Business Day following the date it has provided such information,
report, notice or other document to the Rule 17g-5 Information Provider.

 

(j)            With respect to each Outside Serviced Mortgage Loan, each of the Master Servicer, the Certificate Administrator and the Trustee
shall provide to the 17g-5 Information Provider for posting on the 17g-5 Information Provider’s Website, promptly upon receipt
from an Outside Service Provider, all reports, statements, documents, notices and other information it receives in respect of
such Outside Serviced Mortgage Loan that would otherwise have been required to be submitted to the 17g-5 Information Provider
under this Agreement for posting had such Outside Serviced Mortgage Loan been a Serviced Mortgage Loan. The 17g-5 Information
Provider shall post on the 17g-5 Information Provider’s Website all such information it receives in accordance with this
Agreement.

 

(k)           The Master Servicer or the Special Servicer may, but shall not be obligated to, provide information to the 17g-5 Information Provider
that is neither specifically required hereunder nor requested by any Rating Agency. Any such information shall be posted by the
17g-5 Information Provider in accordance with the timeframe provided in Section 12.13(b).

 

(l)            If any of the parties to this Agreement receives a Form ABS Due Diligence-15E from any Person in connection with any third-party
“due diligence services” (as defined in Rule 17g-10 under the Exchange Act) provided by such Person with respect to
the Mortgage Loans (“Due Diligence Service Provider”), such receiving party shall promptly forward such Form
ABS Due Diligence-15E to the 17g-5 Information Provider for posting on the 17g-5 Information Provider’s Website in accordance
with Section 12.13(h). The 17g-5 Information Provider shall post on the 17g-5 Information Provider’s Website any
Form ABS Due Diligence-15E it receives directly from a Due Diligence Service Provider or from another party to this Agreement,
in accordance with the timeframe provided in Section 12.13(h).

 

    - 494 -

     

    

 

(m)          Neither the Master Servicer nor the Special Servicer shall be required to make any determination as to whether any service provided
by a third party requires obtaining a Form ABS Due Diligence-15E.

 

Section
12.14 Cooperation With the Mortgage Loan Sellers With Respect to Rights Under the Loan Agreements

 

It
is expressly agreed and understood that, notwithstanding the assignment of the Loan Documents, it is expressly intended that the
Mortgage Loan Sellers are entitled to the benefit of any securitization indemnification provisions that specifically run to the
benefit of the lenders in the Loan Documents. Therefore, the Depositor, Master Servicer, Special Servicer and Trustee hereby agree
to reasonably cooperate with any Mortgage Loan Seller, at the sole expense of such Mortgage Loan Seller, with respect to obtaining
the benefits of the provisions of any section of a Loan Agreement or securitization cooperation agreement providing for indemnification
of the lender and/or its loan seller affiliates with respect to the current securitization of the related Mortgage Loan, including,
without limitation, executing any documents as are reasonably necessary to permit the related Mortgage Loan Seller to enforce
such provisions for its benefit; provided, that none of the Depositor, Master Servicer, Special Servicer or Trustee shall be required
to take any action that is inconsistent with the Servicing Standard, would violate applicable law, the terms and provisions of
this Agreement or the Loan Documents, would adversely affect any Certificateholder or any Uncertificated VRR Interest Owner, would
cause any Trust REMIC to fail to qualify as a REMIC or the Grantor Trust to fail to qualify as a grantor trust for federal income
tax purposes, or would result in the imposition of a “prohibited transaction” or “prohibited contribution”
tax under the REMIC Provisions. To the extent that the Trustee is required to execute any document facilitating the above rights
of a Mortgage Loan Seller under this Section 12.14, such document shall be in form and substance reasonably acceptable to the
Trustee.

 

Section
12.15 Electronic Signatures.

 

Each
of the parties hereto agrees that the transaction consisting of this Agreement (and, to the extent permitted under applicable
law, each officer’s certificate, receipt or similar closing document delivered in connection with the closing of this transaction)
may be conducted by electronic means. Each party agrees, and acknowledges that it is such party’s intent, that if such party
signs this Agreement (or, if applicable, such closing document) using an electronic signature, it is signing, adopting, and accepting
this Agreement or such closing document and that signing this Agreement or such closing document using an electronic signature
is the legal equivalent of having placed its handwritten signature on this Agreement or such closing document on paper. The use
of electronic signatures and electronic records (including, without limitation, any contract or other record created, generated,
sent, communicated, received, or stored by electronic means) shall be of the same legal effect, validity and enforceability as
a manually executed signature or use of a paper-based record-keeping system to the fullest extent permitted by applicable law,
including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and
Records Act and any other applicable law, including, without limitation, any state law based on the Uniform Electronic Transactions
Act or the Uniform Commercial Code.

 

    - 495 -

     

    

 

[Signature
Pages Follow]

 

    - 496 -

     

    

  

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

 

	 	CITIGROUP COMMERCIAL MORTGAGE  SECURITIES INC., as Depositor
	 	 	 
	 	By:	/s/ Richard Simpson
	 	 	Name: Richard Simpson
	 	 	Title: President

 

Benchmark 2022-B35
– Pooling and Servicing Agreement

 

     

     

    

 

	 	KEYBANK NATIONAL ASSOCIATION, as Master Servicer
	 	 	 
	 	By:	/s/ Michael A. Tilden
	 	 	Name: Michael A. Tilden
	 	 	Title: Vice President

 

Benchmark 2022-B35
– Pooling and Servicing Agreement

 

     

     

    

	 	 	 
	 	KEYBANK NATIONAL ASSOCIATION, as Special Servicer
	 	 	 
	 	By:	/s/ Michael A. Tilden
	 	 	Name: Michael A. Tilden
	 	 	Title: Vice President

 

Benchmark 2022-B35
– Pooling and Servicing Agreement

 

     

     

    

 

	 	PARK BRIDGE LENDER SERVICES LLC as Operating Advisor and as Asset Representations Reviewer
	 	 	 
	 	By:	Park Bridge Advisors LLC, a New York limited liability company, its Sole Member
	 	 	 
	 	 	By: Park Bridge Financial LLC, a New York
    limited liability company, its Sole Member
	 	 	 
	 	By:	/s/ Robert J. Spinna, Jr.
	 	 	Name: Robert J. Spinna, Jr.
	 	 	Title: Managing Member

 

Benchmark 2022-B35
– Pooling and Servicing Agreement

 

     

     

    

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION, as Certificate Administrator
	 	 	     	 
	 	By:	/s/ Amber Nelson
	 	 	Name: Amber Nelson
	 	 	Title: Vice President

 

Benchmark 2022-B35
– Pooling and Servicing Agreement

 

     

     

    

	 	WILMINGTON TRUST, NATIONAL ASSOCIATION, as Trustee
	 	 	 
	 	By:	/s/ Beverly D. Capers
	 	 	Name: Beverly D. Capers
	 	 	Title: Vice President

 

Benchmark 2022-B35 – Pooling and Servicing Agreement

 

     

     

    

 

EXHIBIT
A-1

 

BENCHMARK 2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS A-1

 

[UNLESS THIS CERTIFICATE
IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE
CERTIFICATE REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME
OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE
& CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF
FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.]1

 

[TRANSFERS OF THIS GLOBAL CERTIFICATE SHALL
BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE,
AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS
SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.]2

 

THIS CERTIFICATE DOES NOT REPRESENT AN
INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY TO THE POOLING AND SERVICING AGREEMENT
REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER (OR ITS REPRESENTATIVE), THE UNDERWRITERS
OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE CERTIFICATES NOR THE MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL
AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

 

PRINCIPAL PAYMENTS IN RESPECT OF THIS CERTIFICATE
ARE DISTRIBUTABLE AS SET FORTH IN THE POOLING AND SERVICING AGREEMENT. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS
CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

 

THIS CERTIFICATE REPRESENTS A “REGULAR
INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

 

 

 

1
       Legend required as long as DTC is the Depository under the Pooling and Servicing Agreement.

 

2
       Global Certificate legend.

 

    A-1-1 

     

    

 

BENCHMARK 2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS A-1

 

	Pass-Through Rate: 3.99700% per annum	 	 
	 	 	 
	First Distribution Date: June 17, 2022	 	Cut-Off Date:  With respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage Loan or Serviced Companion Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its first Due Date subsequent to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage Loan or Serviced Companion Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).
	 	 	 
	Aggregate Initial Certificate Balance of the Class A-1 Certificates:  $6,816,000	 	Scheduled Final Distribution Date: the Distribution Date in October 2026
	 	 	 

	
        CUSIP: 08163R
        BL9

         
	 	Initial Certificate Balance of this Certificate: $[_____]
	
        ISIN: US08163RBL96

         
	 	 
	No.:  [1]	 	 

 

This certifies that
[           ] is the registered owner of a beneficial ownership interest
in a Trust Fund, including the distributions to be made with respect to the Class A-1 Certificates. The Trust Fund, described
more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily properties
held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master Servicer
and the Special Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage Loans) are
to be serviced, pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate, by virtue of
the acceptance hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and is bound thereby.
In the event that there is any conflict between any provision of this Certificate and any provision of the Pooling and Servicing
Agreement, such provision of this Certificate shall be superseded to the extent of such inconsistency. Also issued under the Pooling
and Servicing Agreement are the Class A-2, Class A-3-1, Class A-4-1, Class A-5, Class A-SB, Class X-A,
Class A-S, Class B, Class C, Class A-3-2, Class A-4-2, Class X-D, Class X-F, Class X-G, Class X-H, Class X-J,
Class D, Class E, Class F, Class G, Class H, Class J, Class R, Class S and Class VRR Certificates
(together with the Class A-1 Certificates, the “Certificates”; the Holders of Certificates are collectively
referred to herein as “Certificateholders”) and the Uncertificated VRR Interest.

 

This Certificate is
issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022 (the “Pooling
and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association,
as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor and Asset Representations Reviewer,
Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington Trust, National Association, as

 

    A-1-2 

     

    

 

Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings assigned thereto in the Pooling
and Servicing Agreement.

 

This Certificate represents
a “regular interest” in a “real estate mortgage investment conduit,” as those terms are defined, respectively,
in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended.

 

The Certificate Administrator
makes no representation or warranty as to any of the statements contained herein or the validity or sufficiency of the Certificates
or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate Administrator under the Pooling
and Servicing Agreement.

 

Pursuant to the terms
of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution on any
Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such date,
a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related Record
Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of that portion of the aggregate amount of principal and interest then distributable, if any, with respect to the Class A-1
Certificates for such Distribution Date, all as more fully described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to a share of Yield Maintenance Charges, as provided in the Pooling and Servicing Agreement.

 

Interest accrued on
this Certificate during an Interest Accrual Period, plus the aggregate unpaid Interest Shortfall with respect to this Certificate,
if any, will be payable on the related Distribution Date to the extent provided in the Pooling and Servicing Agreement. The “Interest
Accrual Period” with respect to any Distribution Date and with respect to the Class A-1 Certificates is the calendar
month preceding the month in which such Distribution Date occurs and is assumed to consist of 30 days.

 

All distributions
(other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons in whose names
the Certificates are registered at the close of business on each Record Date, which will be the last Business Day of the month
preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer of immediately
available funds to the account of such Certificateholder at a bank or other entity located in the United States and having appropriate
facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with written wiring instructions
no less than five (5) Business Days prior to the related Record Date (which wiring instructions may be in the form of a standing
order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder. The final distribution
on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate at the office of
the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting as such agent) that
is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any funds not distributed
on the Termination Date because of the failure of any Certificateholders to tender their Certificates shall be set aside and held
in trust for the account of the appropriate non-tendering Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant to Section 9.01 of the Pooling and Servicing Agreement
shall not have been surrendered for cancellation within six months after the time specified in such notice, the Certificate Administrator
shall mail a second notice to the remaining Certificateholders, at their last addresses shown in the Certificate Register, to surrender
their Certificates for cancellation in order to receive, from such funds held, the final distribution with respect thereto. If
within one year after the second notice any Certificate shall not have been surrendered for cancellation, the Certificate Administrator
may, directly or through an agent, take appropriate steps to contact the remaining Certificateholders concerning surrender of their
Certificates. The costs and expenses of maintaining such funds and of contacting Certificateholders shall be paid out of the assets
which remain held. Subject to applicable state law with respect to escheatment of funds, if within two years after the second notice
any Certificates shall not have been surrendered for cancellation, the Paying Agent shall pay to the Class R Certificateholders
all amounts distributable to the Holders thereof. No interest shall accrue or be payable to any Certificateholder on any amount
held as a result of such Certificateholder’s failure to surrender its Certificate(s) for final payment thereof in accordance
with Section 9.01 of the Pooling and Servicing Agreement.

 

This Certificate is
limited in right of payment to, among other things, certain collections and recoveries in respect of the Mortgage Loans, as more
specifically set forth herein and in the Pooling and Servicing Agreement.

 

    A-1-3 

     

    

 

As provided in the
Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled payments on or collections
in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage Loan, the Due Date
in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off Date); (iii) any REO
Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest
in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but, with respect to any REO Property
relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan Combination); (v) the Master
Servicer’s and the Trustee’s rights under the insurance policies with respect to the Mortgage Loans required to be
maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s rights in any Assignments
of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under any indemnities or guaranties
given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the Certificate Administrator’s
rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited in the Collection Account,
the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the Excess Liquidation Proceeds
Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s rights in any environmental
indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under the Mortgage Loan Purchase Agreements
to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing Agreement; (xi) the Lower-Tier Regular
Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This Certificate does
not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing Agreement for
the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights, duties and
immunities of the Certificate Administrator and Trustee.

 

As provided in the
Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender for registration
of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the name of the designated
transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate interest and of the same
Class.

 

Prior to due presentation
of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating Advisor, the Trustee,
the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person in whose name any
Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided in the Pooling
and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall be affected
by any notice to the contrary.

 

The Pooling and Servicing
Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer, the Special Servicer,
the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator is then acting as Custodian),
the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders, any of the Uncertificated
VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

		(i)	to cure any ambiguity to the extent that it does not adversely affect any holders of Certificates
or any Uncertificated VRR Interest Owner;

 

		(ii)	to correct or supplement any of its provisions which may be inconsistent with any other provisions
of the Pooling and Servicing Agreement or with the description thereof in the Prospectus or to correct any error;

 

		(iii)	to change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation
Proceeds Reserve Account, the Excess Interest Distribution Account, the Distribution Account or any REO Account, provided that
(A) the Master Servicer Remittance Date shall in no event be later than the Business Day prior to the related Distribution
Date and (B) the change would not adversely affect in any material respect the interests of any Certificateholder or any Uncertificated
VRR Interest Owner, as evidenced by an opinion of counsel (at the expense of the party requesting the amendment);

 

    A-1-4 

     

    

 

		(iv)	to modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain the
qualification of any Trust REMIC as a REMIC or the Grantor Trust as a grantor trust or to avoid or minimize the risk of imposition
of any tax on the Trust Fund, provided that the Trustee and the Certificate Administrator have received an opinion of counsel (at
the expense of the party requesting the amendment) to the effect that (1) the action is necessary or desirable to maintain
such qualification or to avoid or minimize such risk and (2) the action will not adversely affect in any material respect the interests
of any holder of the Certificates or any Uncertificated VRR Interest Owner, (B) to restrict (or to remove any existing restrictions
with respect to) the transfer of the Class R Certificates, provided that the Depositor has determined that the amendment will
not give rise to any tax with respect to the transfer of the Class R Certificates to a non-Permitted Transferee, (C) to the
extent necessary to comply with the Investment Company Act of 1940, as amended, the Exchange Act, Regulation AB, Regulation RR
and/or any related regulatory actions and/or interpretations or (D) in the event that Regulation RR (or any portion thereof) or
any other regulations applicable to the risk retention requirements for this securitization transaction are amended or repealed,
to the extent required to comply with any such amendment or to modify or eliminate any risk retention requirements no longer applicable
to this securitization transaction in light of such repeal;

 

		(v)	to make any other provisions with respect to matters or questions arising under the Pooling and
Servicing Agreement or any other change, provided that the amendment will not adversely affect in any material respect the
interests of any Certificateholder or any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(vi)	to modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5; provided
that such modification does not increase the obligations of the Trustee, the Certificate Administrator, the Operating Advisor,
the Asset Representations Reviewer, the Master Servicer or the Special Servicer without such party’s consent (which consent
may not be withheld unless such modification would materially adversely affect such party or materially increase such party’s
obligations under the Pooling and Servicing Agreement); provided, further that notice of such modification is provided
to all parties to the Pooling and Servicing Agreement; and

 

		(vii)	to amend or supplement any provision of the Pooling and Servicing Agreement to the extent necessary
to maintain the ratings assigned to each Class of Certificates by any of the Rating Agencies, provided that the amendment will
not adversely affect in any material respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided, further
that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or consultation rights
or the right to receive information under the Pooling and Servicing Agreement of the Controlling Class Representative without the
consent of the Controlling Class Representative; (B) reduce the consultation rights or the right to receive information under the
Pooling and Servicing Agreement of the Operating Advisor without the consent of the Operating Advisor; (C) change in any manner
the obligations or rights of any Mortgage Loan Seller under the Pooling and Servicing Agreement or the applicable Mortgage Loan
Purchase Agreement without the consent of the affected Mortgage Loan Seller; (D) change in any manner the obligations or
rights of any Underwriter or Initial Purchaser, without the consent of the affected Underwriter or Initial Purchaser; or (E) adversely
affect any Serviced Companion Loan Holder in its capacity as such without its consent. Expenses incurred with respect to any amendment
shall be borne by the party requesting such amendment, unless the Master Servicer, the Special Servicer or the Trustee is requesting
an amendment for the benefit of the Certificateholders, then in which case such expense will be borne by the Trust.

 

The Pooling and Servicing
Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of the Depositor, the Master
Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee with the consent of the Holders of Certificates representing
not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected by the amendment for the purpose of

 

    A-1-5 

     

    

 

adding
any provisions to or changing in any manner or eliminating any of the provisions of the Pooling and Servicing Agreement or of modifying
in any manner the rights of the Certificateholders and the Uncertificated VRR Interest Owners; provided, however,
that no such amendment shall:

 

		(i)	reduce in any manner the amount of, or delay the timing of, payments received on the Serviced Loans
which are required to be distributed on a Certificate of any Class or the Uncertificated VRR Interest or to any Serviced Companion
Loan Holder, as applicable, without the consent of the Holder of that Certificate, the Uncertificated VRR Interest Owners or that
Serviced Companion Loan Holder, as applicable,

 

		(ii)	reduce the aforesaid percentage of Certificates of any Class or of the Uncertificated VRR Interest
the Holders (or, in the case of the Uncertificated VRR Interest, the owners) of which are required to consent to the amendment
without the consent of the Holders of all Certificates of that Class then outstanding or of the Uncertificated VRR Interest Owners,
as applicable,

 

		(iii)	change in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling and
Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent of the affected Mortgage Loan Seller,

 

		(iv)	change the definition of “Servicing Standard” without either (A) consent of 100% of
the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency Confirmation,

 

		(v)	without the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change (A) the percentages of Voting Rights of Certificateholders
that are required to consent to any action or inaction under the Pooling and Servicing Agreement, (B) the right of the Certificateholders
to remove the Special Servicer pursuant to the Pooling and Servicing Agreement or (C) the right of the Certificateholders to terminate
the Operating Advisor pursuant to the Pooling and Servicing Agreement,

 

		(vi)	adversely affect the Controlling Class Representative without the consent of 100% of the Controlling
Class Certificateholders,

 

		(vii)	adversely affect a Serviced Companion Loan Holder in its capacity as such without its consent,
or

 

		(viii)	change in any manner the obligations or rights of any Underwriter or Initial Purchaser without
the consent of the affected Underwriter or Initial Purchaser.

 

The Holders of the
Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if such Holders do
not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if none of such Holders,
the Special Servicer or the Master Servicer does, any Holders of Class R Certificates representing greater than a 50% Percentage
Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less than 30 days’ prior notice
given to the parties (or, if applicable, the other parties) to the Pooling and Servicing Agreement (whereupon the Master Servicer
shall notify the Serviced Companion Loan Holders) any time on or after the Early Termination Notice Date specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the Mortgage Loans (and in the case of any Mortgage
Loan that is part of a Serviced Loan Combination, subject to certain rights of the related Serviced Companion Loan Holder(s) provided
for in the related Co-Lender Agreement) then included in the Trust Fund, and all property acquired by or on behalf of the Trust
Fund (including the Trust Fund’s interest in any REO Property acquired with respect to any Outside Serviced Mortgage Loan)
in respect of any Mortgage Loan then included in the Trust Fund, at a purchase price, payable in cash, equal to (i) the sum
of (A) the Termination Purchase Amount and (B) the reasonable out-of-pocket expenses of the Master Servicer (unless the
Master Servicer is the purchaser of such Mortgage Loans), the Special Servicer (unless the Special Servicer is the purchaser of
such Mortgage Loans), the Trustee and the Certificate Administrator, as applicable, with respect to such termination, minus (ii) solely
in the

 

    A-1-6 

     

    

 

case where the Master Servicer or the Special Servicer is effecting such purchase, the aggregate amount of unreimbursed
Advances, if any, made by the Master Servicer or Special Servicer, as applicable, together with any interest accrued and payable
to the Master Servicer or the Special Servicer, as applicable, in respect of such Advances and any unpaid Servicing Fees or Special
Servicing Fees, as applicable, remaining outstanding (which items will be deemed to have been paid or reimbursed to the Master
Servicer or the Special Servicer, as applicable, in connection with such purchase).

 

Any Person(s) effecting
an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination by the Holder
of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative and
each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least 30
days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement.

 

The respective obligations
and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor, the Asset Representations
Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement with respect to the Certificates,
the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other than the obligation to make certain
payments and to send certain notices to Certificateholders and the Uncertificated VRR Interest Owners as set forth in the Pooling
and Servicing Agreement and to make any required remittances to the Serviced Companion Loan Holders in the month in which the final
Distribution Date occurs and certain tax-related obligations) shall terminate immediately following the earlier to occur of (i) the
purchase by Holders of the Controlling Class, the Special Servicer, the Master Servicer or Holders of the Class R Certificates
of all the Mortgage Loans and REO Properties (or interests therein) then included in the Trust Fund pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement, (ii) the exchange by the Remaining Certificateholder of its Certificates and the Uncertificated
VRR Interest for all the Mortgage Loans and REO Properties (or interests therein) then included in the Trust Fund pursuant to Section
9.01(h) of the Pooling and Servicing Agreement and (iii) the final payment or other liquidation (or any advance with respect
thereto) of the last Mortgage Loan or REO Property (or interest therein) contained in the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement continue beyond the expiration of twenty-one years
from the death of the last survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the United
Kingdom, living on the date of the Pooling and Servicing Agreement. All such payments as contemplated by the preceding paragraph
shall be deposited into the Collection Account by the Master Servicer or Special Servicer, as applicable, promptly following receipt
thereof.

 

Unless the Certificate
of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing Agreement or
be valid for any purpose.

 

    A-1-7 

     

    

 

IN WITNESS WHEREOF,
the Certificate Administrator has caused this Class A-1 Certificate to be duly executed.

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized Signatory

 

Dated:  ____________, 2022

  

CERTIFICATE
OF AUTHENTICATION

 

This is one of the
Class A-1 Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:  ____________, 2022

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely
as Authenticating Agent

	 	 	 
	 	By:	 
	 	 	Authorized Signatory

  

    A-1-8 

     

    

 

ASSIGNMENT

 

FOR VALUE
RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto ___________________________
_______________________________________ (please print or typewrite name(s) and address(es), including postal zip code(s) of
assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by the within Class A-1 Certificate
and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on the Certificate Register of the Trust
Fund.

 

I (we) further direct
the Certificate Registrar to issue a new Class A-1 Certificate of the entire Percentage Interest represented by the within Class A-1 Certificates to the above-named Assignee(s) and to deliver such Class A-1 Certificate to the following address:

 

Date:
_______________

 

		 	Signature by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-1-9 

     

    

  

DISTRIBUTION
INSTRUCTIONS

 

The Assignee(s) should
include the following for purposes of distribution:

 

Address
of the Assignee(s) for the purpose of receiving notices and distributions:_____________________________________
__________________________________________________________________________ Distributions, if being made by wire transfer in
immediately available funds to __________________________ for the account of _________________________________________
account number ____________________________. This information is provided by ______________________________, the Assignee(s)
named above or ____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-1-10 

     

    

EXHIBIT
A-2

 

BENCHMARK 2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS A-2

 

[UNLESS THIS CERTIFICATE IS PRESENTED BY
AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE CERTIFICATE REGISTRAR
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN
SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER
ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]3

 

[TRANSFERS OF THIS GLOBAL CERTIFICATE SHALL
BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE,
AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS
SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.]4

 

THIS CERTIFICATE DOES NOT REPRESENT AN
INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY TO THE POOLING AND SERVICING AGREEMENT
REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER (OR ITS REPRESENTATIVE), THE UNDERWRITERS
OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE CERTIFICATES NOR THE MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL
AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

 

PRINCIPAL PAYMENTS IN RESPECT OF THIS CERTIFICATE
ARE DISTRIBUTABLE AS SET FORTH IN THE POOLING AND SERVICING AGREEMENT. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS
CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

 

THIS CERTIFICATE REPRESENTS A “REGULAR
INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

 

 

 

3
       Legend required as long as DTC is the Depository under the Pooling and Servicing Agreement.

 

4
       Global Certificate legend.

 

    A-2-1 

     

    

 

BENCHMARK 2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS A-2

 

	Pass-Through Rate: The WAC Rate5	 	 
	 	 	 
	First Distribution Date: June 17, 2022	 	Cut-Off Date:  With respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage Loan or Serviced Companion Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its first Due Date subsequent to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage Loan or Serviced Companion Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).
	 	 	 
	Aggregate Initial Certificate Balance of the Class A-2 Certificates:  $32,288,000	 	Scheduled Final Distribution Date: the Distribution Date in May 2027
	 	 	 

	
        CUSIP:  08163R
        BM7

         
	 	Initial Certificate Balance of this Certificate: $[_____]
	
        ISIN: US08163RBM79

         
	 	 
	No.:  [1]	 	 

 

This certifies that
[           ] is the registered owner of a beneficial ownership interest
in a Trust Fund, including the distributions to be made with respect to the Class A-2 Certificates. The Trust Fund, described
more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily properties
held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master Servicer
and the Special Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage Loans) are
to be serviced, pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate, by virtue of
the acceptance hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and is bound thereby.
In the event that there is any conflict between any provision of this Certificate and any provision of the Pooling and Servicing
Agreement, such provision of this Certificate shall be superseded to the extent of such inconsistency. Also issued under the Pooling
and Servicing Agreement are the Class A-1, Class A-3-1, Class A-4-1, Class A-5, Class A-SB, Class X-A,
Class A-S, Class B, Class C, Class A-3-2, Class A-4-2, Class X-D, Class X-F, Class X-G, Class X-H, Class X-J,
Class D, Class E, Class F, Class G, Class H, Class J, Class R, Class S and Class VRR Certificates
(together with the Class A-2 Certificates, the “Certificates”; the Holders of Certificates are collectively
referred to herein as “Certificateholders”) and the Uncertificated VRR Interest.

 

This Certificate is
issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022 (the “Pooling
and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association,
as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor and Asset Representations Reviewer,
Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington Trust, National Association, as

 

 

 

5
The initial approximate Pass-Through Rate as of the Closing Date is 4.59391%
per annum.

 

    A-2-2 

     

    

 

Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings assigned thereto in the Pooling
and Servicing Agreement.

 

This Certificate represents
a “regular interest” in a “real estate mortgage investment conduit,” as those terms are defined, respectively,
in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended.

 

The Certificate Administrator
makes no representation or warranty as to any of the statements contained herein or the validity or sufficiency of the Certificates
or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate Administrator under the Pooling
and Servicing Agreement.

 

Pursuant to the terms
of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution on any
Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such date,
a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related Record
Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of that portion of the aggregate amount of principal and interest then distributable, if any, with respect to the Class A-2
Certificates for such Distribution Date, all as more fully described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to a share of Yield Maintenance Charges, as provided in the Pooling and Servicing Agreement.

 

Interest accrued on
this Certificate during an Interest Accrual Period, plus the aggregate unpaid Interest Shortfall with respect to this Certificate,
if any, will be payable on the related Distribution Date to the extent provided in the Pooling and Servicing Agreement. The “Interest
Accrual Period” with respect to any Distribution Date and with respect to the Class A-2 Certificates is the calendar
month preceding the month in which such Distribution Date occurs and is assumed to consist of 30 days.

 

All distributions
(other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons in whose names
the Certificates are registered at the close of business on each Record Date, which will be the last Business Day of the month
preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer of immediately
available funds to the account of such Certificateholder at a bank or other entity located in the United States and having appropriate
facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with written wiring instructions
no less than five (5) Business Days prior to the related Record Date (which wiring instructions may be in the form of a standing
order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder. The final distribution
on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate at the office of
the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting as such agent) that
is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any funds not distributed
on the Termination Date because of the failure of any Certificateholders to tender their Certificates shall be set aside and held
in trust for the account of the appropriate non-tendering Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant to Section 9.01 of the Pooling and Servicing Agreement
shall not have been surrendered for cancellation within six months after the time specified in such notice, the Certificate Administrator
shall mail a second notice to the remaining Certificateholders, at their last addresses shown in the Certificate Register, to surrender
their Certificates for cancellation in order to receive, from such funds held, the final distribution with respect thereto. If
within one year after the second notice any Certificate shall not have been surrendered for cancellation, the Certificate Administrator
may, directly or through an agent, take appropriate steps to contact the remaining Certificateholders concerning surrender of their
Certificates. The costs and expenses of maintaining such funds and of contacting Certificateholders shall be paid out of the assets
which remain held. Subject to applicable state law with respect to escheatment of funds, if within two years after the second notice
any Certificates shall not have been surrendered for cancellation, the Paying Agent shall pay to the Class R Certificateholders
all amounts distributable to the Holders thereof. No interest shall accrue or be payable to any Certificateholder on any amount
held as a result of such Certificateholder’s failure to surrender its Certificate(s) for final payment thereof in accordance
with Section 9.01 of the Pooling and Servicing Agreement.

 

This Certificate is
limited in right of payment to, among other things, certain collections and recoveries in respect of the Mortgage Loans, as more
specifically set forth herein and in the Pooling and Servicing Agreement.

 

    A-2-3 

     

    

 

As provided in the
Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled payments on or collections
in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage Loan, the Due Date
in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off Date); (iii) any REO
Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest
in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but, with respect to any REO Property
relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan Combination); (v) the Master
Servicer’s and the Trustee’s rights under the insurance policies with respect to the Mortgage Loans required to be
maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s rights in any Assignments
of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under any indemnities or guaranties
given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the Certificate Administrator’s
rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited in the Collection Account,
the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the Excess Liquidation Proceeds
Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s rights in any environmental
indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under the Mortgage Loan Purchase Agreements
to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing Agreement; (xi) the Lower-Tier Regular
Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This Certificate does
not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing Agreement for
the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights, duties and
immunities of the Certificate Administrator and Trustee.

 

As provided in the
Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender for registration
of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the name of the designated
transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate interest and of the same
Class.

 

Prior to due presentation
of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating Advisor, the Trustee,
the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person in whose name any
Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided in the Pooling
and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall be affected
by any notice to the contrary.

 

The Pooling and Servicing
Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer, the Special Servicer,
the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator is then acting as Custodian),
the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders, any of the Uncertificated
VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

		(i)	to cure any ambiguity to the extent that it does not adversely affect any holders of Certificates
or any Uncertificated VRR Interest Owner;

 

		(ii)	to correct or supplement any of its provisions which may be inconsistent with any other provisions
of the Pooling and Servicing Agreement or with the description thereof in the Prospectus or to correct any error;

 

		(iii)	to change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation
Proceeds Reserve Account, the Excess Interest Distribution Account, the Distribution Account or any REO Account, provided that
(A) the Master Servicer Remittance Date shall in no event be later than the Business Day prior to the related Distribution
Date and (B) the change would not adversely affect in any material respect the interests of any Certificateholder or any Uncertificated
VRR Interest Owner, as evidenced by an opinion of counsel (at the expense of the party requesting the amendment);

 

    A-2-4 

     

    

 

		(iv)	to modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain the
qualification of any Trust REMIC as a REMIC or the Grantor Trust as a grantor trust or to avoid or minimize the risk of imposition
of any tax on the Trust Fund, provided that the Trustee and the Certificate Administrator have received an opinion of counsel (at
the expense of the party requesting the amendment) to the effect that (1) the action is necessary or desirable to maintain
such qualification or to avoid or minimize such risk and (2) the action will not adversely affect in any material respect the interests
of any holder of the Certificates or any Uncertificated VRR Interest Owner, (B) to restrict (or to remove any existing restrictions
with respect to) the transfer of the Class R Certificates, provided that the Depositor has determined that the amendment will
not give rise to any tax with respect to the transfer of the Class R Certificates to a non-Permitted Transferee, (C) to the
extent necessary to comply with the Investment Company Act of 1940, as amended, the Exchange Act, Regulation AB, Regulation RR
and/or any related regulatory actions and/or interpretations or (D) in the event that Regulation RR (or any portion thereof) or
any other regulations applicable to the risk retention requirements for this securitization transaction are amended or repealed,
to the extent required to comply with any such amendment or to modify or eliminate any risk retention requirements no longer applicable
to this securitization transaction in light of such repeal;

 

		(v)	to make any other provisions with respect to matters or questions arising under the Pooling and
Servicing Agreement or any other change, provided that the amendment will not adversely affect in any material respect the
interests of any Certificateholder or any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(vi)	to modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5; provided
that such modification does not increase the obligations of the Trustee, the Certificate Administrator, the Operating Advisor,
the Asset Representations Reviewer, the Master Servicer or the Special Servicer without such party’s consent (which consent
may not be withheld unless such modification would materially adversely affect such party or materially increase such party’s
obligations under the Pooling and Servicing Agreement); provided, further that notice of such modification is provided
to all parties to the Pooling and Servicing Agreement; and

 

		(vii)	to amend or supplement any provision of the Pooling and Servicing Agreement to the extent necessary
to maintain the ratings assigned to each Class of Certificates by any of the Rating Agencies, provided that the amendment will
not adversely affect in any material respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided, further
that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or consultation
rights or the right to receive information under the Pooling and Servicing Agreement of the Controlling Class Representative without
the consent of the Controlling Class Representative; (B) reduce the consultation rights or the right to receive information under
the Pooling and Servicing Agreement of the Operating Advisor without the consent of the Operating Advisor; (C) change in any manner
the obligations or rights of any Mortgage Loan Seller under the Pooling and Servicing Agreement or the applicable Mortgage Loan
Purchase Agreement without the consent of the affected Mortgage Loan Seller; (D) change in any manner the obligations or rights
of any Underwriter or Initial Purchaser, without the consent of the affected Underwriter or Initial Purchaser; or (E) adversely
affect any Serviced Companion Loan Holder in its capacity as such without its consent. Expenses incurred with respect to any amendment
shall be borne by the party requesting such amendment, unless the Master Servicer, the Special Servicer or the Trustee is requesting
an amendment for the benefit of the Certificateholders, then in which case such expense will be borne by the Trust.

 

The Pooling and Servicing
Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of the Depositor, the Master
Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee with the consent of the Holders of Certificates representing
not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected by the amendment for the purpose of

 

    A-2-5 

     

    

 

adding
any provisions to or changing in any manner or eliminating any of the provisions of the Pooling and Servicing Agreement or of modifying
in any manner the rights of the Certificateholders and the Uncertificated VRR Interest Owners; provided, however,
that no such amendment shall:

 

		(i)	reduce in any manner the amount of, or delay the timing of, payments received on the Serviced Loans
which are required to be distributed on a Certificate of any Class or the Uncertificated VRR Interest or to any Serviced Companion
Loan Holder, as applicable, without the consent of the Holder of that Certificate, the Uncertificated VRR Interest Owners or that
Serviced Companion Loan Holder, as applicable,

 

		(ii)	reduce the aforesaid percentage of Certificates of any Class or of the Uncertificated VRR Interest
the Holders (or, in the case of the Uncertificated VRR Interest, the owners) of which are required to consent to the amendment
without the consent of the Holders of all Certificates of that Class then outstanding or of the Uncertificated VRR Interest Owners,
as applicable,

 

		(iii)	change in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling and
Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent of the affected Mortgage Loan Seller,

 

		(iv)	change the definition of “Servicing Standard” without either (A) consent of 100% of
the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency Confirmation,

 

		(v)	without the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change (A) the percentages of Voting Rights of Certificateholders
that are required to consent to any action or inaction under the Pooling and Servicing Agreement, (B) the right of the Certificateholders
to remove the Special Servicer pursuant to the Pooling and Servicing Agreement or (C) the right of the Certificateholders to terminate
the Operating Advisor pursuant to the Pooling and Servicing Agreement,

 

		(vi)	adversely affect the Controlling Class Representative without the consent of 100% of the Controlling
Class Certificateholders,

 

		(vii)	adversely affect a Serviced Companion Loan Holder in its capacity as such without its consent,
or

 

		(viii)	change in any manner the obligations or rights of any Underwriter or Initial Purchaser without
the consent of the affected Underwriter or Initial Purchaser.

 

The Holders of the
Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if such Holders do
not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if none of such Holders,
the Special Servicer or the Master Servicer does, any Holders of Class R Certificates representing greater than a 50% Percentage
Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less than 30 days’ prior notice
given to the parties (or, if applicable, the other parties) to the Pooling and Servicing Agreement (whereupon the Master Servicer
shall notify the Serviced Companion Loan Holders) any time on or after the Early Termination Notice Date specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the Mortgage Loans (and in the case of any Mortgage
Loan that is part of a Serviced Loan Combination, subject to certain rights of the related Serviced Companion Loan Holder(s) provided
for in the related Co-Lender Agreement) then included in the Trust Fund, and all property acquired by or on behalf of the Trust
Fund (including the Trust Fund’s interest in any REO Property acquired with respect to any Outside Serviced Mortgage Loan)
in respect of any Mortgage Loan then included in the Trust Fund, at a purchase price, payable in cash, equal to (i) the sum
of (A) the Termination Purchase Amount and (B) the reasonable out-of-pocket expenses of the Master Servicer (unless the
Master Servicer is the purchaser of such Mortgage Loans), the Special Servicer (unless the Special Servicer is the purchaser of
such Mortgage Loans), the Trustee and the Certificate Administrator, as applicable, with respect to such termination, minus (ii) solely
in the

 

    A-2-6 

     

    

 

case where the Master Servicer or the Special Servicer is effecting such purchase, the aggregate amount of unreimbursed
Advances, if any, made by the Master Servicer or Special Servicer, as applicable, together with any interest accrued and payable
to the Master Servicer or the Special Servicer, as applicable, in respect of such Advances and any unpaid Servicing Fees or Special
Servicing Fees, as applicable, remaining outstanding (which items will be deemed to have been paid or reimbursed to the Master
Servicer or the Special Servicer, as applicable, in connection with such purchase).

 

Any Person(s) effecting
an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination by the Holder
of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative and
each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least 30
days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement.

 

The respective obligations
and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor, the Asset Representations
Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement with respect to the Certificates,
the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other than the obligation to make certain
payments and to send certain notices to Certificateholders and the Uncertificated VRR Interest Owners as set forth in the Pooling
and Servicing Agreement and to make any required remittances to the Serviced Companion Loan Holders in the month in which the final
Distribution Date occurs and certain tax-related obligations) shall terminate immediately following the earlier to occur of (i) the
purchase by Holders of the Controlling Class, the Special Servicer, the Master Servicer or Holders of the Class R Certificates
of all the Mortgage Loans and REO Properties (or interests therein) then included in the Trust Fund pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement, (ii) the exchange by the Remaining Certificateholder of its Certificates and the Uncertificated
VRR Interest for all the Mortgage Loans and REO Properties (or interests therein) then included in the Trust Fund pursuant to Section
9.01(h) of the Pooling and Servicing Agreement and (iii) the final payment or other liquidation (or any advance with respect
thereto) of the last Mortgage Loan or REO Property (or interest therein) contained in the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement continue beyond the expiration of twenty-one years
from the death of the last survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the United
Kingdom, living on the date of the Pooling and Servicing Agreement. All such payments as contemplated by the preceding paragraph
shall be deposited into the Collection Account by the Master Servicer or Special Servicer, as applicable, promptly following receipt
thereof.

 

Unless the Certificate
of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing Agreement or
be valid for any purpose.

 

    A-2-7 

     

    

 

IN WITNESS WHEREOF,
the Certificate Administrator has caused this Class A-2 Certificate to be duly executed.

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized Signatory

 

Dated:  ____________, 2022

  

CERTIFICATE
OF AUTHENTICATION

 

This is one of the
Class A-2 Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:  ____________, 2022

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely
as Authenticating Agent

	 	 	 
	 	By:	 
	 	 	Authorized Signatory

  

    A-2-8 

     

    

 

ASSIGNMENT

 

FOR VALUE
RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto ___________________________
_______________________________________ (please print or typewrite name(s) and address(es), including postal zip code(s) of
assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by the within Class A-2 Certificate
and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on the Certificate Register of the Trust
Fund.

 

I (we) further direct
the Certificate Registrar to issue a new Class A-2 Certificate of the entire Percentage Interest represented by the within Class
A-2 Certificates to the above-named Assignee(s) and to deliver such Class A-2 Certificate to the following address:

 

Date:
_______________

 

		 	Signature by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-2-9 

     

    

  

DISTRIBUTION
INSTRUCTIONS

 

The Assignee(s) should
include the following for purposes of distribution:

 

Address
of the Assignee(s) for the purpose of receiving notices and distributions:_____________________________________
__________________________________________________________________________ Distributions, if being made by wire transfer in
immediately available funds to __________________________ for the account of _________________________________________
account number ____________________________. This information is provided by ______________________________, the Assignee(s)
named above or ____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-2-10 

     

    

 

EXHIBIT
A-3

 

BENCHMARK 2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS A-3-1

 

[UNLESS THIS CERTIFICATE IS PRESENTED BY
AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE CERTIFICATE REGISTRAR
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN
SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER
ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]6

 

[TRANSFERS OF THIS GLOBAL CERTIFICATE SHALL
BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE,
AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS
SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.]7

 

THIS CERTIFICATE DOES NOT REPRESENT AN
INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY TO THE POOLING AND SERVICING AGREEMENT
REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER (OR ITS REPRESENTATIVE), THE UNDERWRITERS
OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE CERTIFICATES NOR THE MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL
AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

 

PRINCIPAL PAYMENTS IN RESPECT OF THIS CERTIFICATE
ARE DISTRIBUTABLE AS SET FORTH IN THE POOLING AND SERVICING AGREEMENT. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS
CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

 

THIS CERTIFICATE REPRESENTS A “REGULAR
INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

 

 

 

6
       Legend required as long as DTC is the Depository under the Pooling and Servicing Agreement.

 

7
       Global Certificate legend.

 

    A-3-1 

     

    

 

BENCHMARK 2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS A-3-1

 

	Pass-Through Rate:  The WAC Rate minus 0.16000% per annum 8	 	 
	 	 	 
	First Distribution Date: June 17, 2022	 	Cut-Off Date:  With respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage Loan or Serviced Companion Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its first Due Date subsequent to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage Loan or Serviced Companion Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).
	 	 	 
	Aggregate Initial Certificate Balance of the Class A-3-1 Certificates:  $34,306,500	 	Scheduled Final Distribution Date: the Distribution Date in January 2029
	 	 	 

	
        CUSIP:  08163RBN5

         
	 	Initial Certificate Balance of this Certificate: $[_____]
	
        ISIN: US08163RBN52

         
	 	 
	No.:  [1]	 	 

 

This certifies that
[           ] is the registered owner of a beneficial ownership interest
in a Trust Fund, including the distributions to be made with respect to the Class A-3-1 Certificates. The Trust Fund, described
more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily properties
held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master Servicer
and the Special Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage Loans) are
to be serviced, pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate, by virtue of
the acceptance hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and is bound thereby.
In the event that there is any conflict between any provision of this Certificate and any provision of the Pooling and Servicing
Agreement, such provision of this Certificate shall be superseded to the extent of such inconsistency. Also issued under the Pooling
and Servicing Agreement are the Class A-1, Class A-2, Class A-4-1, Class A-5, Class A-SB, Class X-A, Class A-S,
Class B, Class C, Class A-3-2, Class A-4-2, Class X-D, Class X-F, Class X-G, Class X-H, Class X-J, Class D,
Class E, Class F, Class G, Class H, Class J, Class R, Class S and Class VRR Certificates (together with
the Class A-3-1 Certificates, the “Certificates”; the Holders of Certificates are collectively referred
to herein as “Certificateholders”) and the Uncertificated VRR Interest.

 

This Certificate is
issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022 (the “Pooling
and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association,
as Master Servicer and as Special Servicer, Park

 

 

 

8
The initial approximate Pass-Through Rate as of the Closing Date is 4.43391 %
per annum.

 

    A-3-2 

     

    

 

Bridge Lender Services LLC, as Operating Advisor and Asset Representations Reviewer,
Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington Trust, National Association, as
Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings assigned thereto in the Pooling
and Servicing Agreement.

 

This Certificate represents
a “regular interest” in a “real estate mortgage investment conduit,” as those terms are defined, respectively,
in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended.

 

The Certificate Administrator
makes no representation or warranty as to any of the statements contained herein or the validity or sufficiency of the Certificates
or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate Administrator under the Pooling
and Servicing Agreement.

 

Pursuant to the terms
of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution on any
Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such date,
a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related Record
Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of that portion of the aggregate amount of principal and interest then distributable, if any, with respect to the Class A-3-1
Certificates for such Distribution Date, all as more fully described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to a share of Yield Maintenance Charges, as provided in the Pooling and Servicing Agreement.

 

Interest accrued on
this Certificate during an Interest Accrual Period, plus the aggregate unpaid Interest Shortfall with respect to this Certificate,
if any, will be payable on the related Distribution Date to the extent provided in the Pooling and Servicing Agreement. The “Interest
Accrual Period” with respect to any Distribution Date and with respect to the Class A-3-1 Certificates is the calendar
month preceding the month in which such Distribution Date occurs and is assumed to consist of 30 days.

 

All distributions
(other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons in whose names
the Certificates are registered at the close of business on each Record Date, which will be the last Business Day of the month
preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer of immediately
available funds to the account of such Certificateholder at a bank or other entity located in the United States and having appropriate
facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with written wiring instructions
no less than five (5) Business Days prior to the related Record Date (which wiring instructions may be in the form of a standing
order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder. The final distribution
on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate at the office of
the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting as such agent) that
is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any funds not distributed
on the Termination Date because of the failure of any Certificateholders to tender their Certificates shall be set aside and held
in trust for the account of the appropriate non-tendering Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant to Section 9.01 of the Pooling and Servicing Agreement
shall not have been surrendered for cancellation within six months after the time specified in such notice, the Certificate Administrator
shall mail a second notice to the remaining Certificateholders, at their last addresses shown in the Certificate Register, to surrender
their Certificates for cancellation in order to receive, from such funds held, the final distribution with respect thereto. If
within one year after the second notice any Certificate shall not have been surrendered for cancellation, the Certificate Administrator
may, directly or through an agent, take appropriate steps to contact the remaining Certificateholders concerning surrender of their
Certificates. The costs and expenses of maintaining such funds and of contacting Certificateholders shall be paid out of the assets
which remain held. Subject to applicable state law with respect to escheatment of funds, if within two years after the second notice
any Certificates shall not have been surrendered for cancellation, the Paying Agent shall pay to the Class R Certificateholders
all amounts distributable to the Holders thereof. No interest shall accrue or be payable to any Certificateholder on any amount
held as a result of such Certificateholder’s failure to surrender its Certificate(s) for final payment thereof in accordance
with Section 9.01 of the Pooling and Servicing Agreement.

 

    A-3-3 

     

    

 

This Certificate is
limited in right of payment to, among other things, certain collections and recoveries in respect of the Mortgage Loans, as more
specifically set forth herein and in the Pooling and Servicing Agreement.

 

As provided in the
Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled payments on or collections
in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage Loan, the Due Date
in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off Date); (iii) any REO
Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest
in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but, with respect to any REO Property
relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan Combination); (v) the Master
Servicer’s and the Trustee’s rights under the insurance policies with respect to the Mortgage Loans required to be
maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s rights in any Assignments
of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under any indemnities or guaranties
given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the Certificate Administrator’s
rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited in the Collection Account,
the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the Excess Liquidation Proceeds
Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s rights in any environmental
indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under the Mortgage Loan Purchase Agreements
to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing Agreement; (xi) the Lower-Tier Regular
Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This Certificate does
not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing Agreement for
the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights, duties and
immunities of the Certificate Administrator and Trustee.

 

As provided in the
Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender for registration
of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the name of the designated
transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate interest and of the same
Class.

 

Prior to due presentation
of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating Advisor, the Trustee,
the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person in whose name any
Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided in the Pooling
and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall be affected
by any notice to the contrary.

 

The Pooling and Servicing
Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer, the Special Servicer,
the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator is then acting as Custodian),
the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders, any of the Uncertificated
VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

		(i)	to cure any ambiguity to the extent that it does not adversely affect any holders of Certificates
or any Uncertificated VRR Interest Owner;

 

		(ii)	to correct or supplement any of its provisions which may be inconsistent with any other provisions
of the Pooling and Servicing Agreement or with the description thereof in the Prospectus or to correct any error;

 

		(iii)	to change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation
Proceeds Reserve Account, the Excess Interest Distribution Account, the Distribution Account or any REO Account, provided that
(A) the Master Servicer Remittance Date shall in no event be later than the Business Day prior to the related Distribution
Date and (B) the change would not adversely affect in any material respect

 

    A-3-4 

     

    

 

	 	 	 the interests of any Certificateholder or any Uncertificated
VRR Interest Owner, as evidenced by an opinion of counsel (at the expense of the party requesting the amendment);

 

		(iv)	to modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain the
qualification of any Trust REMIC as a REMIC or the Grantor Trust as a grantor trust or to avoid or minimize the risk of imposition
of any tax on the Trust Fund, provided that the Trustee and the Certificate Administrator have received an opinion of counsel (at
the expense of the party requesting the amendment) to the effect that (1) the action is necessary or desirable to maintain
such qualification or to avoid or minimize such risk and (2) the action will not adversely affect in any material respect the interests
of any holder of the Certificates or any Uncertificated VRR Interest Owner, (B) to restrict (or to remove any existing restrictions
with respect to) the transfer of the Class R Certificates, provided that the Depositor has determined that the amendment will
not give rise to any tax with respect to the transfer of the Class R Certificates to a non-Permitted Transferee, (C) to the
extent necessary to comply with the Investment Company Act of 1940, as amended, the Exchange Act, Regulation AB, Regulation RR
and/or any related regulatory actions and/or interpretations or (D) in the event that Regulation RR (or any portion thereof) or
any other regulations applicable to the risk retention requirements for this securitization transaction are amended or repealed,
to the extent required to comply with any such amendment or to modify or eliminate any risk retention requirements no longer applicable
to this securitization transaction in light of such repeal;

 

		(v)	to make any other provisions with respect to matters or questions arising under the Pooling and
Servicing Agreement or any other change, provided that the amendment will not adversely affect in any material respect the
interests of any Certificateholder or any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(vi)	to modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5; provided
that such modification does not increase the obligations of the Trustee, the Certificate Administrator, the Operating Advisor,
the Asset Representations Reviewer, the Master Servicer or the Special Servicer without such party’s consent (which consent
may not be withheld unless such modification would materially adversely affect such party or materially increase such party’s
obligations under the Pooling and Servicing Agreement); provided, further that notice of such modification is provided
to all parties to the Pooling and Servicing Agreement; and

 

		(vii)	to amend or supplement any provision of the Pooling and Servicing Agreement to the extent necessary
to maintain the ratings assigned to each Class of Certificates by any of the Rating Agencies, provided that the amendment will
not adversely affect in any material respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided, further
that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or consultation rights
or the right to receive information under the Pooling and Servicing Agreement of the Controlling Class Representative without the
consent of the Controlling Class Representative; (B) reduce the consultation rights or the right to receive information under the
Pooling and Servicing Agreement of the Operating Advisor without the consent of the Operating Advisor; (C) change in any manner
the obligations or rights of any Mortgage Loan Seller under the Pooling and Servicing Agreement or the applicable Mortgage Loan
Purchase Agreement without the consent of the affected Mortgage Loan Seller; (D) change in any manner the obligations or
rights of any Underwriter or Initial Purchaser, without the consent of the affected Underwriter or Initial Purchaser; or (E) adversely
affect any Serviced Companion Loan Holder in its capacity as such without its consent. Expenses incurred with respect to any amendment
shall be borne by the party requesting such amendment, unless the Master Servicer, the Special Servicer or the Trustee is requesting
an amendment for the benefit of the Certificateholders, then in which case such expense will be borne by the Trust.

 

    A-3-5 

     

    

 

The Pooling and Servicing
Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of the Depositor, the Master
Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee with the consent of the Holders of Certificates representing
not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected by the amendment for the purpose of adding
any provisions to or changing in any manner or eliminating any of the provisions of the Pooling and Servicing Agreement or of modifying
in any manner the rights of the Certificateholders and the Uncertificated VRR Interest Owners; provided, however,
that no such amendment shall:

 

		(i)	reduce in any manner the amount of, or delay the timing of, payments received on the Serviced Loans
which are required to be distributed on a Certificate of any Class or the Uncertificated VRR Interest or to any Serviced Companion
Loan Holder, as applicable, without the consent of the Holder of that Certificate, the Uncertificated VRR Interest Owners or that
Serviced Companion Loan Holder, as applicable,

 

		(ii)	reduce the aforesaid percentage of Certificates of any Class or of the Uncertificated VRR Interest
the Holders (or, in the case of the Uncertificated VRR Interest, the owners) of which are required to consent to the amendment
without the consent of the Holders of all Certificates of that Class then outstanding or of the Uncertificated VRR Interest Owners,
as applicable,

 

		(iii)	change in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling and
Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent of the affected Mortgage Loan Seller,

 

		(iv)	change the definition of “Servicing Standard” without either (A) consent of 100% of
the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency Confirmation,

 

		(v)	without the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change (A) the percentages of Voting Rights of Certificateholders
that are required to consent to any action or inaction under the Pooling and Servicing Agreement, (B) the right of the Certificateholders
to remove the Special Servicer pursuant to the Pooling and Servicing Agreement or (C) the right of the Certificateholders to terminate
the Operating Advisor pursuant to the Pooling and Servicing Agreement,

 

		(vi)	adversely affect the Controlling Class Representative without the consent of 100% of the Controlling
Class Certificateholders,

 

		(vii)	adversely affect a Serviced Companion Loan Holder in its capacity as such without its consent,
or

 

		(viii)	change in any manner the obligations or rights of any Underwriter or Initial Purchaser without
the consent of the affected Underwriter or Initial Purchaser.

 

The Holders of the
Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if such Holders do
not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if none of such Holders,
the Special Servicer or the Master Servicer does, any Holders of Class R Certificates representing greater than a 50% Percentage
Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less than 30 days’ prior notice
given to the parties (or, if applicable, the other parties) to the Pooling and Servicing Agreement (whereupon the Master Servicer
shall notify the Serviced Companion Loan Holders) any time on or after the Early Termination Notice Date specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the Mortgage Loans (and in the case of any Mortgage
Loan that is part of a Serviced Loan Combination, subject to certain rights of the related Serviced Companion Loan Holder(s) provided
for in the related Co-Lender Agreement) then included in the Trust Fund, and all property acquired by or on behalf of the Trust
Fund (including the Trust Fund’s interest in any REO Property

 

    A-3-6 

     

    

 

acquired with respect to any Outside Serviced Mortgage Loan
in respect of any Mortgage Loan then included in the Trust Fund, at a purchase price, payable in cash, equal to (i) the sum
of (A) the Termination Purchase Amount and (B) the reasonable out-of-pocket expenses of the Master Servicer (unless the
Master Servicer is the purchaser of such Mortgage Loans), the Special Servicer (unless the Special Servicer is the purchaser of
such Mortgage Loans), the Trustee and the Certificate Administrator, as applicable, with respect to such termination, minus (ii) solely
in the case where the Master Servicer or the Special Servicer is effecting such purchase, the aggregate amount of unreimbursed
Advances, if any, made by the Master Servicer or Special Servicer, as applicable, together with any interest accrued and payable
to the Master Servicer or the Special Servicer, as applicable, in respect of such Advances and any unpaid Servicing Fees or Special
Servicing Fees, as applicable, remaining outstanding (which items will be deemed to have been paid or reimbursed to the Master
Servicer or the Special Servicer, as applicable, in connection with such purchase).

 

Any Person(s) effecting
an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination by the Holder
of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative and
each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least 30
days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement.

 

The respective obligations
and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor, the Asset Representations
Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement with respect to the Certificates,
the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other than the obligation to make certain
payments and to send certain notices to Certificateholders and the Uncertificated VRR Interest Owners as set forth in the Pooling
and Servicing Agreement and to make any required remittances to the Serviced Companion Loan Holders in the month in which the final
Distribution Date occurs and certain tax-related obligations) shall terminate immediately following the earlier to occur of (i) the
purchase by Holders of the Controlling Class, the Special Servicer, the Master Servicer or Holders of the Class R Certificates
of all the Mortgage Loans and REO Properties (or interests therein) then included in the Trust Fund pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement, (ii) the exchange by the Remaining Certificateholder of its Certificates and the Uncertificated
VRR Interest for all the Mortgage Loans and REO Properties (or interests therein) then included in the Trust Fund pursuant to Section
9.01(h) of the Pooling and Servicing Agreement and (iii) the final payment or other liquidation (or any advance with respect
thereto) of the last Mortgage Loan or REO Property (or interest therein) contained in the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement continue beyond the expiration of twenty-one years
from the death of the last survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the United
Kingdom, living on the date of the Pooling and Servicing Agreement. All such payments as contemplated by the preceding paragraph
shall be deposited into the Collection Account by the Master Servicer or Special Servicer, as applicable, promptly following receipt
thereof.

 

Unless the Certificate
of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing Agreement or
be valid for any purpose.

 

    A-3-7 

     

    

 

IN WITNESS WHEREOF,
the Certificate Administrator has caused this Class A-3-1 Certificate to be duly executed.

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized Signatory

 

Dated:  ____________, 2022

  

CERTIFICATE
OF AUTHENTICATION

 

This is one of the
Class A-3-1 Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:  ____________, 2022

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely
as Authenticating Agent

	 	 	 
	 	By:	 
	 	 	Authorized Signatory

  

    A-3-8 

     

    

 

ASSIGNMENT

 

FOR VALUE
RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto ___________________________
_______________________________________ (please print or typewrite name(s) and address(es), including postal zip code(s) of
assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by the within Class A-3-1 Certificate
and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on the Certificate Register of the Trust
Fund.

 

I (we) further direct
the Certificate Registrar to issue a new Class A-3-1 Certificate of the entire Percentage Interest represented by the within Class
A-3-1 Certificates to the above-named Assignee(s) and to deliver such Class A-3-1 Certificate to the following address:

 

Date:
_______________

 

		 	Signature by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-3-9 

     

    

  

DISTRIBUTION
INSTRUCTIONS

 

The Assignee(s) should
include the following for purposes of distribution:

 

Address
of the Assignee(s) for the purpose of receiving notices and distributions:_____________________________________
__________________________________________________________________________ Distributions, if being made by wire transfer in
immediately available funds to __________________________ for the account of _________________________________________
account number ____________________________. This information is provided by ______________________________, the Assignee(s)
named above or ____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-3-10 

     

    

EXHIBIT
A-4

 

BENCHMARK 2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS A-4-1

 

[UNLESS THIS CERTIFICATE IS PRESENTED BY
AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE CERTIFICATE REGISTRAR
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN
SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER
ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]9

 

[TRANSFERS OF THIS GLOBAL CERTIFICATE SHALL
BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE,
AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS
SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.]10

 

THIS CERTIFICATE DOES NOT REPRESENT AN
INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY TO THE POOLING AND SERVICING AGREEMENT
REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER (OR ITS REPRESENTATIVE), THE UNDERWRITERS
OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE CERTIFICATES NOR THE MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL
AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

 

PRINCIPAL PAYMENTS IN RESPECT OF THIS CERTIFICATE
ARE DISTRIBUTABLE AS SET FORTH IN THE POOLING AND SERVICING AGREEMENT. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS
CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

 

THIS CERTIFICATE REPRESENTS A “REGULAR
INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

 

 

 

9
       Legend required as long as DTC is the Depository under the Pooling and Servicing Agreement.

 

10
       Global Certificate legend.

 

    A-4-1 

     

    

 

BENCHMARK 2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS A-4-1

 

	Pass-Through Rate:  The WAC Rate minus 0.24500% per annum 11	 	 
	 	 	 
	First Distribution Date: June 17, 2022	 	Cut-Off Date:  With respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage Loan or Serviced Companion Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its first Due Date subsequent to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage Loan or Serviced Companion Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).
	 	 	 
	Aggregate Initial Certificate Balance of the Class A-4-1 Certificates:  $75,000,000	 	Scheduled Final Distribution Date: the Distribution Date in March 2032
	 	 	 

	
        CUSIP:  08163R
        BP0

         
	 	Initial Certificate Balance of this Certificate: $[_____]
	
        ISIN: US08163RBP01

         
	 	 
	No.:  [1]	 	 

 

This certifies that
[           ] is the registered owner of a beneficial ownership interest
in a Trust Fund, including the distributions to be made with respect to the Class A-4-1 Certificates. The Trust Fund, described
more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily properties
held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master Servicer
and the Special Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage Loans) are
to be serviced, pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate, by virtue of
the acceptance hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and is bound thereby.
In the event that there is any conflict between any provision of this Certificate and any provision of the Pooling and Servicing
Agreement, such provision of this Certificate shall be superseded to the extent of such inconsistency. Also issued under the Pooling
and Servicing Agreement are the Class A-1, Class A-2, Class A-3-1, Class A-5, Class A-SB, Class X-A, Class A-S,
Class B, Class C, Class A-3-2, Class A-4-2, Class X-D, Class X-F, Class X-G, Class X-H, Class X-J, Class D,
Class E, Class F, Class G, Class H, Class J, Class R, Class S and Class VRR Certificates (together with
the Class A-4-1 Certificates, the “Certificates”; the Holders of Certificates are collectively referred
to herein as “Certificateholders”) and the Uncertificated VRR Interest.

 

This Certificate is
issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022 (the “Pooling
and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association,
as Master Servicer and as Special Servicer, Park

 

 

 

11
The initial approximate Pass-Through Rate as of the Closing Date is 4.34891 %
per annum.

  

    A-4-2 

     

    

 

Bridge Lender Services LLC, as Operating Advisor and Asset Representations Reviewer,
Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington Trust, National Association, as
Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings assigned thereto in the Pooling
and Servicing Agreement.

 

This Certificate represents
a “regular interest” in a “real estate mortgage investment conduit,” as those terms are defined, respectively,
in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended.

 

The Certificate Administrator
makes no representation or warranty as to any of the statements contained herein or the validity or sufficiency of the Certificates
or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate Administrator under the Pooling
and Servicing Agreement.

 

Pursuant to the terms
of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution on any
Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such date,
a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related Record
Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of that portion of the aggregate amount of principal and interest then distributable, if any, with respect to the Class A-4-1
Certificates for such Distribution Date, all as more fully described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to a share of Yield Maintenance Charges, as provided in the Pooling and Servicing Agreement.

 

Interest accrued on
this Certificate during an Interest Accrual Period, plus the aggregate unpaid Interest Shortfall with respect to this Certificate,
if any, will be payable on the related Distribution Date to the extent provided in the Pooling and Servicing Agreement. The “Interest
Accrual Period” with respect to any Distribution Date and with respect to the Class A-4-1 Certificates is the calendar
month preceding the month in which such Distribution Date occurs and is assumed to consist of 30 days.

 

All distributions
(other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons in whose names
the Certificates are registered at the close of business on each Record Date, which will be the last Business Day of the month
preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer of immediately
available funds to the account of such Certificateholder at a bank or other entity located in the United States and having appropriate
facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with written wiring instructions
no less than five (5) Business Days prior to the related Record Date (which wiring instructions may be in the form of a standing
order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder. The final distribution
on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate at the office of
the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting as such agent) that
is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any funds not distributed
on the Termination Date because of the failure of any Certificateholders to tender their Certificates shall be set aside and held
in trust for the account of the appropriate non-tendering Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant to Section 9.01 of the Pooling and Servicing Agreement
shall not have been surrendered for cancellation within six months after the time specified in such notice, the Certificate Administrator
shall mail a second notice to the remaining Certificateholders, at their last addresses shown in the Certificate Register, to surrender
their Certificates for cancellation in order to receive, from such funds held, the final distribution with respect thereto. If
within one year after the second notice any Certificate shall not have been surrendered for cancellation, the Certificate Administrator
may, directly or through an agent, take appropriate steps to contact the remaining Certificateholders concerning surrender of their
Certificates. The costs and expenses of maintaining such funds and of contacting Certificateholders shall be paid out of the assets
which remain held. Subject to applicable state law with respect to escheatment of funds, if within two years after the second notice
any Certificates shall not have been surrendered for cancellation, the Paying Agent shall pay to the Class R Certificateholders
all amounts distributable to the Holders thereof. No interest shall accrue or be payable to any Certificateholder on any amount
held as a result of such Certificateholder’s failure to surrender its Certificate(s) for final payment thereof in accordance
with Section 9.01 of the Pooling and Servicing Agreement.

 

    A-4-3 

     

    

 

This Certificate is
limited in right of payment to, among other things, certain collections and recoveries in respect of the Mortgage Loans, as more
specifically set forth herein and in the Pooling and Servicing Agreement.

 

As provided in the
Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled payments on or collections
in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage Loan, the Due Date
in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off Date); (iii) any REO
Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest
in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but, with respect to any REO Property
relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan Combination); (v) the Master
Servicer’s and the Trustee’s rights under the insurance policies with respect to the Mortgage Loans required to be
maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s rights in any Assignments
of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under any indemnities or guaranties
given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the Certificate Administrator’s
rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited in the Collection Account,
the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the Excess Liquidation Proceeds
Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s rights in any environmental
indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under the Mortgage Loan Purchase Agreements
to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing Agreement; (xi) the Lower-Tier Regular
Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This Certificate does
not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing Agreement for
the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights, duties and
immunities of the Certificate Administrator and Trustee.

 

As provided in the
Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender for registration
of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the name of the designated
transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate interest and of the same
Class.

 

Prior to due presentation
of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating Advisor, the Trustee,
the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person in whose name any
Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided in the Pooling
and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall be affected
by any notice to the contrary.

 

The Pooling and Servicing
Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer, the Special Servicer,
the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator is then acting as Custodian),
the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders, any of the Uncertificated
VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

		(i)	to cure any ambiguity to the extent that it does not adversely affect any holders of Certificates
or any Uncertificated VRR Interest Owner;

 

		(ii)	to correct or supplement any of its provisions which may be inconsistent with any other provisions
of the Pooling and Servicing Agreement or with the description thereof in the Prospectus or to correct any error;

 

		(iii)	to change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation
Proceeds Reserve Account, the Excess Interest Distribution Account, the Distribution Account or any REO Account, provided that
(A) the Master Servicer Remittance Date shall in no event be later than the Business Day prior to the related Distribution
Date and (B) the change would not adversely affect in any material respect

 

    A-4-4 

     

    

 

	 	 	 the interests of any Certificateholder or any Uncertificated
VRR Interest Owner, as evidenced by an opinion of counsel (at the expense of the party requesting the amendment);

 

		(iv)	to modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain the
qualification of any Trust REMIC as a REMIC or the Grantor Trust as a grantor trust or to avoid or minimize the risk of imposition
of any tax on the Trust Fund, provided that the Trustee and the Certificate Administrator have received an opinion of counsel (at
the expense of the party requesting the amendment) to the effect that (1) the action is necessary or desirable to maintain
such qualification or to avoid or minimize such risk and (2) the action will not adversely affect in any material respect the interests
of any holder of the Certificates or any Uncertificated VRR Interest Owner, (B) to restrict (or to remove any existing restrictions
with respect to) the transfer of the Class R Certificates, provided that the Depositor has determined that the amendment will
not give rise to any tax with respect to the transfer of the Class R Certificates to a non-Permitted Transferee, (C) to the
extent necessary to comply with the Investment Company Act of 1940, as amended, the Exchange Act, Regulation AB, Regulation RR
and/or any related regulatory actions and/or interpretations or (D) in the event that Regulation RR (or any portion thereof) or
any other regulations applicable to the risk retention requirements for this securitization transaction are amended or repealed,
to the extent required to comply with any such amendment or to modify or eliminate any risk retention requirements no longer applicable
to this securitization transaction in light of such repeal;

 

		(v)	to make any other provisions with respect to matters or questions arising under the Pooling and
Servicing Agreement or any other change, provided that the amendment will not adversely affect in any material respect the
interests of any Certificateholder or any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(vi)	to modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5; provided
that such modification does not increase the obligations of the Trustee, the Certificate Administrator, the Operating Advisor,
the Asset Representations Reviewer, the Master Servicer or the Special Servicer without such party’s consent (which consent
may not be withheld unless such modification would materially adversely affect such party or materially increase such party’s
obligations under the Pooling and Servicing Agreement); provided, further that notice of such modification is provided
to all parties to the Pooling and Servicing Agreement; and

 

		(vii)	to amend or supplement any provision of the Pooling and Servicing Agreement to the extent necessary
to maintain the ratings assigned to each Class of Certificates by any of the Rating Agencies, provided that the amendment will
not adversely affect in any material respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided, further
that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or consultation rights
or the right to receive information under the Pooling and Servicing Agreement of the Controlling Class Representative without the
consent of the Controlling Class Representative; (B) reduce the consultation rights or the right to receive information under the
Pooling and Servicing Agreement of the Operating Advisor without the consent of the Operating Advisor; (C) change in any manner
the obligations or rights of any Mortgage Loan Seller under the Pooling and Servicing Agreement or the applicable Mortgage Loan
Purchase Agreement without the consent of the affected Mortgage Loan Seller; (D) change in any manner the obligations or
rights of any Underwriter or Initial Purchaser, without the consent of the affected Underwriter or Initial Purchaser; or (E) adversely
affect any Serviced Companion Loan Holder in its capacity as such without its consent. Expenses incurred with respect to any amendment
shall be borne by the party requesting such amendment, unless the Master Servicer, the Special Servicer or the Trustee is requesting
an amendment for the benefit of the Certificateholders, then in which case such expense will be borne by the Trust.

 

    A-4-5 

     

    

 

The Pooling and Servicing
Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of the Depositor, the Master
Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee with the consent of the Holders of Certificates representing
not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected by the amendment for the purpose of adding
any provisions to or changing in any manner or eliminating any of the provisions of the Pooling and Servicing Agreement or of modifying
in any manner the rights of the Certificateholders and the Uncertificated VRR Interest Owners; provided, however,
that no such amendment shall:

 

		(i)	reduce in any manner the amount of, or delay the timing of, payments received on the Serviced Loans
which are required to be distributed on a Certificate of any Class or the Uncertificated VRR Interest or to any Serviced Companion
Loan Holder, as applicable, without the consent of the Holder of that Certificate, the Uncertificated VRR Interest Owners or that
Serviced Companion Loan Holder, as applicable,

 

		(ii)	reduce the aforesaid percentage of Certificates of any Class or of the Uncertificated VRR Interest
the Holders (or, in the case of the Uncertificated VRR Interest, the owners) of which are required to consent to the amendment
without the consent of the Holders of all Certificates of that Class then outstanding or of the Uncertificated VRR Interest Owners,
as applicable,

 

		(iii)	change in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling and
Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent of the affected Mortgage Loan Seller,

 

		(iv)	change the definition of “Servicing Standard” without either (A) consent of 100% of
the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency Confirmation,

 

		(v)	without the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change (A) the percentages of Voting Rights of Certificateholders
that are required to consent to any action or inaction under the Pooling and Servicing Agreement, (B) the right of the Certificateholders
to remove the Special Servicer pursuant to the Pooling and Servicing Agreement or (C) the right of the Certificateholders to terminate
the Operating Advisor pursuant to the Pooling and Servicing Agreement,

 

		(vi)	adversely affect the Controlling Class Representative without the consent of 100% of the Controlling
Class Certificateholders,

 

		(vii)	adversely affect a Serviced Companion Loan Holder in its capacity as such without its consent,
or

 

		(viii)	change in any manner the obligations or rights of any Underwriter or Initial Purchaser without
the consent of the affected Underwriter or Initial Purchaser.

 

The Holders of the
Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if such Holders do
not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if none of such Holders,
the Special Servicer or the Master Servicer does, any Holders of Class R Certificates representing greater than a 50% Percentage
Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less than 30 days’ prior notice
given to the parties (or, if applicable, the other parties) to the Pooling and Servicing Agreement (whereupon the Master Servicer
shall notify the Serviced Companion Loan Holders) any time on or after the Early Termination Notice Date specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the Mortgage Loans (and in the case of any Mortgage
Loan that is part of a Serviced Loan Combination, subject to certain rights of the related Serviced Companion Loan Holder(s) provided
for in the related Co-Lender Agreement) then included in the Trust Fund, and all property acquired by or on behalf of the Trust
Fund (including the Trust Fund’s interest in any REO Property

 

    A-4-6 

     

    

 

acquired with respect to any Outside Serviced Mortgage Loan)
in respect of any Mortgage Loan then included in the Trust Fund, at a purchase price, payable in cash, equal to (i) the sum
of (A) the Termination Purchase Amount and (B) the reasonable out-of-pocket expenses of the Master Servicer (unless the
Master Servicer is the purchaser of such Mortgage Loans), the Special Servicer (unless the Special Servicer is the purchaser of
such Mortgage Loans), the Trustee and the Certificate Administrator, as applicable, with respect to such termination, minus (ii) solely
in the case where the Master Servicer or the Special Servicer is effecting such purchase, the aggregate amount of unreimbursed
Advances, if any, made by the Master Servicer or Special Servicer, as applicable, together with any interest accrued and payable
to the Master Servicer or the Special Servicer, as applicable, in respect of such Advances and any unpaid Servicing Fees or Special
Servicing Fees, as applicable, remaining outstanding (which items will be deemed to have been paid or reimbursed to the Master
Servicer or the Special Servicer, as applicable, in connection with such purchase).

 

Any Person(s) effecting
an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination by the Holder
of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative and
each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least 30
days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement.

 

The respective obligations
and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor, the Asset Representations
Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement with respect to the Certificates,
the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other than the obligation to make certain
payments and to send certain notices to Certificateholders and the Uncertificated VRR Interest Owners as set forth in the Pooling
and Servicing Agreement and to make any required remittances to the Serviced Companion Loan Holders in the month in which the final
Distribution Date occurs and certain tax-related obligations) shall terminate immediately following the earlier to occur of (i) the
purchase by Holders of the Controlling Class, the Special Servicer, the Master Servicer or Holders of the Class R Certificates
of all the Mortgage Loans and REO Properties (or interests therein) then included in the Trust Fund pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement, (ii) the exchange by the Remaining Certificateholder of its Certificates and the Uncertificated
VRR Interest for all the Mortgage Loans and REO Properties (or interests therein) then included in the Trust Fund pursuant to Section
9.01(h) of the Pooling and Servicing Agreement and (iii) the final payment or other liquidation (or any advance with respect
thereto) of the last Mortgage Loan or REO Property (or interest therein) contained in the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement continue beyond the expiration of twenty-one years
from the death of the last survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the United
Kingdom, living on the date of the Pooling and Servicing Agreement. All such payments as contemplated by the preceding paragraph
shall be deposited into the Collection Account by the Master Servicer or Special Servicer, as applicable, promptly following receipt
thereof.

 

Unless the Certificate
of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing Agreement or
be valid for any purpose.

 

    A-4-7 

     

    

 

IN WITNESS WHEREOF,
the Certificate Administrator has caused this Class A-4-1 Certificate to be duly executed.

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized Signatory

 

Dated:  ____________, 2022

  

CERTIFICATE
OF AUTHENTICATION

 

This is one of the
Class A-4-1 Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:  ____________, 2022

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely
as Authenticating Agent

	 	 	 
	 	By:	 
	 	 	Authorized Signatory

  

    A-4-8 

     

    

 

ASSIGNMENT

 

FOR VALUE
RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto ___________________________
_______________________________________ (please print or typewrite name(s) and address(es), including postal zip code(s) of
assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by the within Class A-4-1 Certificate
and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on the Certificate Register of the Trust
Fund.

 

I (we) further direct
the Certificate Registrar to issue a new Class A-4-1 Certificate of the entire Percentage Interest represented by the within Class
A-4-1 Certificates to the above-named Assignee(s) and to deliver such Class A-4-1 Certificate to the following address:

 

Date:
_______________

 

		 	Signature by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-4-9 

     

    

  

DISTRIBUTION
INSTRUCTIONS

 

The Assignee(s) should
include the following for purposes of distribution:

 

Address
of the Assignee(s) for the purpose of receiving notices and distributions:_____________________________________
__________________________________________________________________________ Distributions, if being made by wire transfer in
immediately available funds to __________________________ for the account of _________________________________________
account number ____________________________. This information is provided by ______________________________, the Assignee(s)
named above or ____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-4-10 

     

    

EXHIBIT
A-5

 

BENCHMARK 2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS A-5

 

[UNLESS THIS CERTIFICATE IS PRESENTED BY
AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE CERTIFICATE REGISTRAR
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN
SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER
ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]12

 

[TRANSFERS OF THIS GLOBAL CERTIFICATE SHALL
BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE,
AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS
SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.]13

 

THIS CERTIFICATE DOES NOT REPRESENT AN
INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY TO THE POOLING AND SERVICING AGREEMENT
REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER (OR ITS REPRESENTATIVE), THE UNDERWRITERS
OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE CERTIFICATES NOR THE MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL
AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

 

PRINCIPAL PAYMENTS IN RESPECT OF THIS CERTIFICATE
ARE DISTRIBUTABLE AS SET FORTH IN THE POOLING AND SERVICING AGREEMENT. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS
CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

 

THIS CERTIFICATE REPRESENTS A “REGULAR
INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

 

 

 

12
       Legend required as long as DTC is the Depository under the Pooling and Servicing Agreement.

 

13
       Global Certificate legend.

 

    A-5-1 

     

    

BENCHMARK 2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS A-5

 

	Pass-Through Rate:  The WAC Rate14	 	 
	 	 	 
	First Distribution Date: June 17, 2022	 	Cut-Off Date:  With respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage Loan or Serviced Companion Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its first Due Date subsequent to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage Loan or Serviced Companion Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).
	 	 	 
	Aggregate Initial Certificate Balance of the Class A-5 Certificates:  $427,141,000	 	Scheduled Final Distribution Date: the Distribution Date in May 2032
	 	 	 

	
        CUSIP:  08163R
        BQ8

         
	 	Initial Certificate Balance of this Certificate: $[_____]
	
        ISIN: US08163RBQ83

         
	 	 
	No.:  [1]	 	 

 

This certifies that
[           ] is the registered owner of a beneficial ownership interest
in a Trust Fund, including the distributions to be made with respect to the Class A-5 Certificates. The Trust Fund, described
more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily properties
held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master Servicer
and the Special Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage Loans) are
to be serviced, pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate, by virtue of
the acceptance hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and is bound thereby.
In the event that there is any conflict between any provision of this Certificate and any provision of the Pooling and Servicing
Agreement, such provision of this Certificate shall be superseded to the extent of such inconsistency. Also issued under the Pooling
and Servicing Agreement are the Class A-1, Class A-2, Class A-3-1, Class A-4-1, Class A-SB, Class X-A,
Class A-S, Class B, Class C, Class A-3-2, Class A-4-2, Class X-D, Class X-F, Class X-G, Class X-H, Class X-J,
Class D, Class E, Class F, Class G, Class H, Class J, Class R, Class S and Class VRR Certificates
(together with the Class A-5 Certificates, the “Certificates”; the Holders of Certificates are collectively
referred to herein as “Certificateholders”) and the Uncertificated VRR Interest.

 

This Certificate is
issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022 (the “Pooling
and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association,
as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor and Asset Representations Reviewer,
Computershare Trust

 

 

 

14
The initial approximate Pass-Through Rate as of the Closing Date is 4.59391%
per annum.

 

 

    A-5-2 

     

    

 

Company, National Association, as Certificate Administrator, and Wilmington Trust, National Association, as
Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings assigned thereto in the Pooling
and Servicing Agreement.

 

This Certificate represents
a “regular interest” in a “real estate mortgage investment conduit,” as those terms are defined, respectively,
in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended.

 

The Certificate Administrator
makes no representation or warranty as to any of the statements contained herein or the validity or sufficiency of the Certificates
or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate Administrator under the Pooling
and Servicing Agreement.

 

Pursuant to the terms
of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution on any
Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such date,
a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related Record
Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of that portion of the aggregate amount of principal and interest then distributable, if any, with respect to the Class A-5
Certificates for such Distribution Date, all as more fully described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to a share of Yield Maintenance Charges, as provided in the Pooling and Servicing Agreement.

 

Interest accrued on
this Certificate during an Interest Accrual Period, plus the aggregate unpaid Interest Shortfall with respect to this Certificate,
if any, will be payable on the related Distribution Date to the extent provided in the Pooling and Servicing Agreement. The “Interest
Accrual Period” with respect to any Distribution Date and with respect to the Class A-5 Certificates is the calendar
month preceding the month in which such Distribution Date occurs and is assumed to consist of 30 days.

 

All distributions
(other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons in whose names
the Certificates are registered at the close of business on each Record Date, which will be the last Business Day of the month
preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer of immediately
available funds to the account of such Certificateholder at a bank or other entity located in the United States and having appropriate
facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with written wiring instructions
no less than five (5) Business Days prior to the related Record Date (which wiring instructions may be in the form of a standing
order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder. The final distribution
on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate at the office of
the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting as such agent) that
is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any funds not distributed
on the Termination Date because of the failure of any Certificateholders to tender their Certificates shall be set aside and held
in trust for the account of the appropriate non-tendering Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant to Section 9.01 of the Pooling and Servicing Agreement
shall not have been surrendered for cancellation within six months after the time specified in such notice, the Certificate Administrator
shall mail a second notice to the remaining Certificateholders, at their last addresses shown in the Certificate Register, to surrender
their Certificates for cancellation in order to receive, from such funds held, the final distribution with respect thereto. If
within one year after the second notice any Certificate shall not have been surrendered for cancellation, the Certificate Administrator
may, directly or through an agent, take appropriate steps to contact the remaining Certificateholders concerning surrender of their
Certificates. The costs and expenses of maintaining such funds and of contacting Certificateholders shall be paid out of the assets
which remain held. Subject to applicable state law with respect to escheatment of funds, if within two years after the second notice
any Certificates shall not have been surrendered for cancellation, the Paying Agent shall pay to the Class R Certificateholders
all amounts distributable to the Holders thereof. No interest shall accrue or be payable to any Certificateholder on any amount
held as a result of such Certificateholder’s failure to surrender its Certificate(s) for final payment thereof in accordance
with Section 9.01 of the Pooling and Servicing Agreement.

 

    A-5-3 

     

    

 

This Certificate is
limited in right of payment to, among other things, certain collections and recoveries in respect of the Mortgage Loans, as more
specifically set forth herein and in the Pooling and Servicing Agreement.

 

As provided in the
Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled payments on or collections
in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage Loan, the Due Date
in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off Date); (iii) any REO
Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest
in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but, with respect to any REO Property
relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan Combination); (v) the Master
Servicer’s and the Trustee’s rights under the insurance policies with respect to the Mortgage Loans required to be
maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s rights in any Assignments
of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under any indemnities or guaranties
given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the Certificate Administrator’s
rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited in the Collection Account,
the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the Excess Liquidation Proceeds
Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s rights in any environmental
indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under the Mortgage Loan Purchase Agreements
to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing Agreement; (xi) the Lower-Tier Regular
Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This Certificate does
not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing Agreement for
the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights, duties and
immunities of the Certificate Administrator and Trustee.

 

As provided in the
Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender for registration
of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the name of the designated
transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate interest and of the same
Class.

 

Prior to due presentation
of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating Advisor, the Trustee,
the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person in whose name any
Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided in the Pooling
and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall be affected
by any notice to the contrary.

 

The Pooling and Servicing
Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer, the Special Servicer,
the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator is then acting as Custodian),
the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders, any of the Uncertificated
VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

		(i)	to cure any ambiguity to the extent that it does not adversely affect any holders of Certificates
or any Uncertificated VRR Interest Owner;

 

		(ii)	to correct or supplement any of its provisions which may be inconsistent with any other provisions
of the Pooling and Servicing Agreement or with the description thereof in the Prospectus or to correct any error;

 

		(iii)	to change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation
Proceeds Reserve Account, the Excess Interest Distribution Account, the Distribution Account or any REO Account, provided that
(A) the Master Servicer Remittance Date shall in no event be later than the Business Day prior to the related Distribution
Date and (B) the change would not adversely affect in any material respect

 

    A-5-4 

     

    

 

	 	 	 the interests of any Certificateholder or any Uncertificated
VRR Interest Owner, as evidenced by an opinion of counsel (at the expense of the party requesting the amendment);

 

		(iv)	to modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain the
qualification of any Trust REMIC as a REMIC or the Grantor Trust as a grantor trust or to avoid or minimize the risk of imposition
of any tax on the Trust Fund, provided that the Trustee and the Certificate Administrator have received an opinion of counsel (at
the expense of the party requesting the amendment) to the effect that (1) the action is necessary or desirable to maintain
such qualification or to avoid or minimize such risk and (2) the action will not adversely affect in any material respect the interests
of any holder of the Certificates or any Uncertificated VRR Interest Owner, (B) to restrict (or to remove any existing restrictions
with respect to) the transfer of the Class R Certificates, provided that the Depositor has determined that the amendment will
not give rise to any tax with respect to the transfer of the Class R Certificates to a non-Permitted Transferee, (C) to the
extent necessary to comply with the Investment Company Act of 1940, as amended, the Exchange Act, Regulation AB, Regulation RR
and/or any related regulatory actions and/or interpretations or (D) in the event that Regulation RR (or any portion thereof) or
any other regulations applicable to the risk retention requirements for this securitization transaction are amended or repealed,
to the extent required to comply with any such amendment or to modify or eliminate any risk retention requirements no longer applicable
to this securitization transaction in light of such repeal;

 

		(v)	to make any other provisions with respect to matters or questions arising under the Pooling and
Servicing Agreement or any other change, provided that the amendment will not adversely affect in any material respect the
interests of any Certificateholder or any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(vi)	to modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5; provided
that such modification does not increase the obligations of the Trustee, the Certificate Administrator, the Operating Advisor,
the Asset Representations Reviewer, the Master Servicer or the Special Servicer without such party’s consent (which consent
may not be withheld unless such modification would materially adversely affect such party or materially increase such party’s
obligations under the Pooling and Servicing Agreement); provided, further that notice of such modification is provided
to all parties to the Pooling and Servicing Agreement; and

 

		(vii)	to amend or supplement any provision of the Pooling and Servicing Agreement to the extent necessary
to maintain the ratings assigned to each Class of Certificates by any of the Rating Agencies, provided that the amendment will
not adversely affect in any material respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided, further
that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or consultation rights
or the right to receive information under the Pooling and Servicing Agreement of the Controlling Class Representative without the
consent of the Controlling Class Representative; (B) reduce the consultation rights or the right to receive information under the
Pooling and Servicing Agreement of the Operating Advisor without the consent of the Operating Advisor; (C) change in any manner
the obligations or rights of any Mortgage Loan Seller under the Pooling and Servicing Agreement or the applicable Mortgage Loan
Purchase Agreement without the consent of the affected Mortgage Loan Seller; (D) change in any manner the obligations or
rights of any Underwriter or Initial Purchaser, without the consent of the affected Underwriter or Initial Purchaser; or (E) adversely
affect any Serviced Companion Loan Holder in its capacity as such without its consent. Expenses incurred with respect to any amendment
shall be borne by the party requesting such amendment, unless the Master Servicer, the Special Servicer or the Trustee is requesting
an amendment for the benefit of the Certificateholders, then in which case such expense will be borne by the Trust.

 

    A-5-5 

     

    

 

The Pooling and Servicing
Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of the Depositor, the Master
Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee with the consent of the Holders of Certificates representing
not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected by the amendment for the purpose of adding
any provisions to or changing in any manner or eliminating any of the provisions of the Pooling and Servicing Agreement or of modifying
in any manner the rights of the Certificateholders and the Uncertificated VRR Interest Owners; provided, however,
that no such amendment shall:

 

		(i)	reduce in any manner the amount of, or delay the timing of, payments received on the Serviced Loans
which are required to be distributed on a Certificate of any Class or the Uncertificated VRR Interest or to any Serviced Companion
Loan Holder, as applicable, without the consent of the Holder of that Certificate, the Uncertificated VRR Interest Owners or that
Serviced Companion Loan Holder, as applicable,

 

		(ii)	reduce the aforesaid percentage of Certificates of any Class or of the Uncertificated VRR Interest
the Holders (or, in the case of the Uncertificated VRR Interest, the owners) of which are required to consent to the amendment
without the consent of the Holders of all Certificates of that Class then outstanding or of the Uncertificated VRR Interest Owners,
as applicable,

 

		(iii)	change in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling and
Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent of the affected Mortgage Loan Seller,

 

		(iv)	change the definition of “Servicing Standard” without either (A) consent of 100% of
the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency Confirmation,

 

		(v)	without the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change (A) the percentages of Voting Rights of Certificateholders
that are required to consent to any action or inaction under the Pooling and Servicing Agreement, (B) the right of the Certificateholders
to remove the Special Servicer pursuant to the Pooling and Servicing Agreement or (C) the right of the Certificateholders to terminate
the Operating Advisor pursuant to the Pooling and Servicing Agreement,

 

		(vi)	adversely affect the Controlling Class Representative without the consent of 100% of the Controlling
Class Certificateholders,

 

		(vii)	adversely affect a Serviced Companion Loan Holder in its capacity as such without its consent,
or

 

		(viii)	change in any manner the obligations or rights of any Underwriter or Initial Purchaser without
the consent of the affected Underwriter or Initial Purchaser.

 

The Holders of the
Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if such Holders do
not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if none of such Holders,
the Special Servicer or the Master Servicer does, any Holders of Class R Certificates representing greater than a 50% Percentage
Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less than 30 days’ prior notice
given to the parties (or, if applicable, the other parties) to the Pooling and Servicing Agreement (whereupon the Master Servicer
shall notify the Serviced Companion Loan Holders) any time on or after the Early Termination Notice Date specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the Mortgage Loans (and in the case of any Mortgage
Loan that is part of a Serviced Loan Combination, subject to certain rights of the related Serviced Companion Loan Holder(s) provided
for in the related Co-Lender Agreement) then included in the Trust Fund, and all property acquired by or on behalf of the Trust
Fund (including the Trust Fund’s interest in any REO Property

 

    A-5-6 

     

    

 

acquired with respect to any Outside Serviced Mortgage Loan)
in respect of any Mortgage Loan then included in the Trust Fund, at a purchase price, payable in cash, equal to (i) the sum
of (A) the Termination Purchase Amount and (B) the reasonable out-of-pocket expenses of the Master Servicer (unless the
Master Servicer is the purchaser of such Mortgage Loans), the Special Servicer (unless the Special Servicer is the purchaser of
such Mortgage Loans), the Trustee and the Certificate Administrator, as applicable, with respect to such termination, minus (ii) solely
in the case where the Master Servicer or the Special Servicer is effecting such purchase, the aggregate amount of unreimbursed
Advances, if any, made by the Master Servicer or Special Servicer, as applicable, together with any interest accrued and payable
to the Master Servicer or the Special Servicer, as applicable, in respect of such Advances and any unpaid Servicing Fees or Special
Servicing Fees, as applicable, remaining outstanding (which items will be deemed to have been paid or reimbursed to the Master
Servicer or the Special Servicer, as applicable, in connection with such purchase).

 

Any Person(s) effecting
an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination by the Holder
of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative and
each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least 30
days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement.

 

The respective obligations
and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor, the Asset Representations
Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement with respect to the Certificates,
the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other than the obligation to make certain
payments and to send certain notices to Certificateholders and the Uncertificated VRR Interest Owners as set forth in the Pooling
and Servicing Agreement and to make any required remittances to the Serviced Companion Loan Holders in the month in which the final
Distribution Date occurs and certain tax-related obligations) shall terminate immediately following the earlier to occur of (i) the
purchase by Holders of the Controlling Class, the Special Servicer, the Master Servicer or Holders of the Class R Certificates
of all the Mortgage Loans and REO Properties (or interests therein) then included in the Trust Fund pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement, (ii) the exchange by the Remaining Certificateholder of its Certificates and the Uncertificated
VRR Interest for all the Mortgage Loans and REO Properties (or interests therein) then included in the Trust Fund pursuant to Section
9.01(h) of the Pooling and Servicing Agreement and (iii) the final payment or other liquidation (or any advance with respect
thereto) of the last Mortgage Loan or REO Property (or interest therein) contained in the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement continue beyond the expiration of twenty-one years
from the death of the last survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the United
Kingdom, living on the date of the Pooling and Servicing Agreement. All such payments as contemplated by the preceding paragraph
shall be deposited into the Collection Account by the Master Servicer or Special Servicer, as applicable, promptly following receipt
thereof.

 

Unless the Certificate
of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing Agreement or
be valid for any purpose.

 

    A-5-7 

     

    

 

IN WITNESS WHEREOF,
the Certificate Administrator has caused this Class A-5 Certificate to be duly executed.

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized Signatory

 

Dated:  ____________, 2022

  

CERTIFICATE
OF AUTHENTICATION

 

This is one of the
Class A-5 Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:  ____________, 2022

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely
as Authenticating Agent

	 	 	 
	 	By:	 
	 	 	Authorized Signatory

  

    A-5-8 

     

    

 

ASSIGNMENT

 

FOR VALUE
RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto ___________________________
_______________________________________ (please print or typewrite name(s) and address(es), including postal zip code(s) of
assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by the within Class A-5 Certificate
and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on the Certificate Register of the Trust
Fund.

 

I (we) further direct
the Certificate Registrar to issue a new Class A-5 Certificate of the entire Percentage Interest represented by the within Class
A-5 Certificates to the above-named Assignee(s) and to deliver such Class A-5 Certificate to the following address:

 

Date:
_______________

 

		 	Signature by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-5-9 

     

    

  

DISTRIBUTION
INSTRUCTIONS

 

The Assignee(s) should
include the following for purposes of distribution:

 

Address
of the Assignee(s) for the purpose of receiving notices and distributions:_____________________________________
__________________________________________________________________________ Distributions, if being made by wire transfer in
immediately available funds to __________________________ for the account of _________________________________________
account number ____________________________. This information is provided by ______________________________, the Assignee(s)
named above or ____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-5-10 

     

    

 

EXHIBIT
A-6

 

BENCHMARK 2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS A-SB

 

[UNLESS THIS CERTIFICATE IS PRESENTED BY
AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE CERTIFICATE REGISTRAR
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN
SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER
ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]15

 

[TRANSFERS OF THIS GLOBAL CERTIFICATE SHALL
BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE,
AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS
SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.]16

 

THIS CERTIFICATE DOES NOT REPRESENT AN
INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY TO THE POOLING AND SERVICING AGREEMENT
REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER (OR ITS REPRESENTATIVE), THE UNDERWRITERS
OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE CERTIFICATES NOR THE MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL
AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

 

PRINCIPAL PAYMENTS IN RESPECT OF THIS CERTIFICATE
ARE DISTRIBUTABLE AS SET FORTH IN THE POOLING AND SERVICING AGREEMENT. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS
CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

 

THIS CERTIFICATE REPRESENTS A “REGULAR
INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

 

 

 

15
       Legend required as long as DTC is the Depository under the Pooling and Servicing Agreement.

 

16
       Global Certificate legend.

 

    A-6-1 

     

    

BENCHMARK 2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS A-SB

 

	Pass-Through Rate:  The WAC Rate17	 	 
	 	 	 
	First Distribution Date: June 17, 2022	 	Cut-Off Date:  With respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage Loan or Serviced Companion Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its first Due Date subsequent to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage Loan or Serviced Companion Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).
	 	 	 
	Aggregate Initial Certificate Balance of the Class A-SB Certificates:  $10,975,000	 	Scheduled Final Distribution Date: the Distribution Date in March 2032
	 	 	 

	
        CUSIP:  08163R
        BR6

         
	 	Initial Certificate Balance of this Certificate: $[_____]
	
        ISIN:  US08163RBR66

         
	 	 
	No.:  [1]	 	 

 

This certifies that
[           ] is the registered owner of a beneficial ownership interest
in a Trust Fund, including the distributions to be made with respect to the Class A-SB Certificates. The Trust Fund, described
more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily properties
held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master Servicer
and the Special Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage Loans) are
to be serviced, pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate, by virtue of
the acceptance hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and is bound thereby.
In the event that there is any conflict between any provision of this Certificate and any provision of the Pooling and Servicing
Agreement, such provision of this Certificate shall be superseded to the extent of such inconsistency. Also issued under the Pooling
and Servicing Agreement are the Class A-1, Class A-2, Class A-3-1, Class A-4-1, Class A-5, Class X-A,
Class A-S, Class B, Class C, Class A-3-2, Class A-4-2, Class X-D, Class X-F, Class X-G, Class X-H, Class X-J,
Class D, Class E, Class F, Class G, Class H, Class J, Class R, Class S and Class VRR Certificates
(together with the Class A-SB Certificates, the “Certificates”; the Holders of Certificates are collectively
referred to herein as “Certificateholders”) and the Uncertificated VRR Interest.

 

This Certificate is
issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022 (the “Pooling
and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association,
as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor and Asset Representations Reviewer,
Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington Trust, National Association, as

 

 

 

17
The initial approximate Pass-Through Rate as of the Closing Date is 4.59391%
per annum.

 

    A-6-2 

     

    

 

Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings assigned thereto in the Pooling
and Servicing Agreement.

 

This Certificate represents
a “regular interest” in a “real estate mortgage investment conduit,” as those terms are defined, respectively,
in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended.

 

The Certificate Administrator
makes no representation or warranty as to any of the statements contained herein or the validity or sufficiency of the Certificates
or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate Administrator under the Pooling
and Servicing Agreement.

 

Pursuant to the terms
of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution on any
Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such date,
a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related Record
Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of that portion of the aggregate amount of principal and interest then distributable, if any, with respect to the Class A-SB
Certificates for such Distribution Date, all as more fully described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to a share of Yield Maintenance Charges, as provided in the Pooling and Servicing Agreement.

 

Interest accrued on
this Certificate during an Interest Accrual Period, plus the aggregate unpaid Interest Shortfall with respect to this Certificate,
if any, will be payable on the related Distribution Date to the extent provided in the Pooling and Servicing Agreement. The “Interest
Accrual Period” with respect to any Distribution Date and with respect to the Class A-SB Certificates is the calendar
month preceding the month in which such Distribution Date occurs and is assumed to consist of 30 days.

 

All distributions
(other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons in whose names
the Certificates are registered at the close of business on each Record Date, which will be the last Business Day of the month
preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer of immediately
available funds to the account of such Certificateholder at a bank or other entity located in the United States and having appropriate
facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with written wiring instructions
no less than five (5) Business Days prior to the related Record Date (which wiring instructions may be in the form of a standing
order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder. The final distribution
on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate at the office of
the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting as such agent) that
is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any funds not distributed
on the Termination Date because of the failure of any Certificateholders to tender their Certificates shall be set aside and held
in trust for the account of the appropriate non-tendering Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant to Section 9.01 of the Pooling and Servicing Agreement
shall not have been surrendered for cancellation within six months after the time specified in such notice, the Certificate Administrator
shall mail a second notice to the remaining Certificateholders, at their last addresses shown in the Certificate Register, to surrender
their Certificates for cancellation in order to receive, from such funds held, the final distribution with respect thereto. If
within one year after the second notice any Certificate shall not have been surrendered for cancellation, the Certificate Administrator
may, directly or through an agent, take appropriate steps to contact the remaining Certificateholders concerning surrender of their
Certificates. The costs and expenses of maintaining such funds and of contacting Certificateholders shall be paid out of the assets
which remain held. Subject to applicable state law with respect to escheatment of funds, if within two years after the second notice
any Certificates shall not have been surrendered for cancellation, the Paying Agent shall pay to the Class R Certificateholders
all amounts distributable to the Holders thereof. No interest shall accrue or be payable to any Certificateholder on any amount
held as a result of such Certificateholder’s failure to surrender its Certificate(s) for final payment thereof in accordance
with Section 9.01 of the Pooling and Servicing Agreement.

 

This Certificate is
limited in right of payment to, among other things, certain collections and recoveries in respect of the Mortgage Loans, as more
specifically set forth herein and in the Pooling and Servicing Agreement.

 

    A-6-3 

     

    

 

As provided in the
Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled payments on or collections
in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage Loan, the Due Date
in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off Date); (iii) any REO
Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest
in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but, with respect to any REO Property
relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan Combination); (v) the Master
Servicer’s and the Trustee’s rights under the insurance policies with respect to the Mortgage Loans required to be
maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s rights in any Assignments
of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under any indemnities or guaranties
given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the Certificate Administrator’s
rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited in the Collection Account,
the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the Excess Liquidation Proceeds
Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s rights in any environmental
indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under the Mortgage Loan Purchase Agreements
to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing Agreement; (xi) the Lower-Tier Regular
Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This Certificate does
not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing Agreement for
the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights, duties and
immunities of the Certificate Administrator and Trustee.

 

As provided in the
Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender for registration
of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the name of the designated
transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate interest and of the same
Class.

 

Prior to due presentation
of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating Advisor, the Trustee,
the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person in whose name any
Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided in the Pooling
and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall be affected
by any notice to the contrary.

 

The Pooling and Servicing
Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer, the Special Servicer,
the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator is then acting as Custodian),
the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders, any of the Uncertificated
VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

		(i)	to cure any ambiguity to the extent that it does not adversely affect any holders of Certificates
or any Uncertificated VRR Interest Owner;

 

		(ii)	to correct or supplement any of its provisions which may be inconsistent with any other provisions
of the Pooling and Servicing Agreement or with the description thereof in the Prospectus or to correct any error;

 

		(iii)	to change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation
Proceeds Reserve Account, the Excess Interest Distribution Account, the Distribution Account or any REO Account, provided that
(A) the Master Servicer Remittance Date shall in no event be later than the Business Day prior to the related Distribution
Date and (B) the change would not adversely affect in any material respect the interests of any Certificateholder or any Uncertificated
VRR Interest Owner, as evidenced by an opinion of counsel (at the expense of the party requesting the amendment);

 

    A-6-4 

     

    

 

		(iv)	to modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain the
qualification of any Trust REMIC as a REMIC or the Grantor Trust as a grantor trust or to avoid or minimize the risk of imposition
of any tax on the Trust Fund, provided that the Trustee and the Certificate Administrator have received an opinion of counsel (at
the expense of the party requesting the amendment) to the effect that (1) the action is necessary or desirable to maintain
such qualification or to avoid or minimize such risk and (2) the action will not adversely affect in any material respect the interests
of any holder of the Certificates or any Uncertificated VRR Interest Owner, (B) to restrict (or to remove any existing restrictions
with respect to) the transfer of the Class R Certificates, provided that the Depositor has determined that the amendment will
not give rise to any tax with respect to the transfer of the Class R Certificates to a non-Permitted Transferee, (C) to the
extent necessary to comply with the Investment Company Act of 1940, as amended, the Exchange Act, Regulation AB, Regulation RR
and/or any related regulatory actions and/or interpretations or (D) in the event that Regulation RR (or any portion thereof) or
any other regulations applicable to the risk retention requirements for this securitization transaction are amended or repealed,
to the extent required to comply with any such amendment or to modify or eliminate any risk retention requirements no longer applicable
to this securitization transaction in light of such repeal;

 

		(v)	to make any other provisions with respect to matters or questions arising under the Pooling and
Servicing Agreement or any other change, provided that the amendment will not adversely affect in any material respect the
interests of any Certificateholder or any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(vi)	to modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5; provided
that such modification does not increase the obligations of the Trustee, the Certificate Administrator, the Operating Advisor,
the Asset Representations Reviewer, the Master Servicer or the Special Servicer without such party’s consent (which consent
may not be withheld unless such modification would materially adversely affect such party or materially increase such party’s
obligations under the Pooling and Servicing Agreement); provided, further that notice of such modification is provided
to all parties to the Pooling and Servicing Agreement; and

 

		(vii)	to amend or supplement any provision of the Pooling and Servicing Agreement to the extent necessary
to maintain the ratings assigned to each Class of Certificates by any of the Rating Agencies, provided that the amendment will
not adversely affect in any material respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided, further
that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or consultation rights
or the right to receive information under the Pooling and Servicing Agreement of the Controlling Class Representative without the
consent of the Controlling Class Representative; (B) reduce the consultation rights or the right to receive information under the
Pooling and Servicing Agreement of the Operating Advisor without the consent of the Operating Advisor; (C) change in any manner
the obligations or rights of any Mortgage Loan Seller under the Pooling and Servicing Agreement or the applicable Mortgage Loan
Purchase Agreement without the consent of the affected Mortgage Loan Seller; (D) change in any manner the obligations or
rights of any Underwriter or Initial Purchaser, without the consent of the affected Underwriter or Initial Purchaser; or (E) adversely
affect any Serviced Companion Loan Holder in its capacity as such without its consent. Expenses incurred with respect to any amendment
shall be borne by the party requesting such amendment, unless the Master Servicer, the Special Servicer or the Trustee is requesting
an amendment for the benefit of the Certificateholders, then in which case such expense will be borne by the Trust.

 

The Pooling and Servicing
Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of the Depositor, the Master
Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee with the consent of the Holders of Certificates representing
not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected by the amendment for the purpose of

 

    A-6-5 

     

    

 

adding
any provisions to or changing in any manner or eliminating any of the provisions of the Pooling and Servicing Agreement or of modifying
in any manner the rights of the Certificateholders and the Uncertificated VRR Interest Owners;
provided, however, that no such amendment shall:

 

		(i)	reduce in any manner the amount of, or delay the timing of, payments received on the Serviced Loans
which are required to be distributed on a Certificate of any Class or the Uncertificated VRR Interest
or to any Serviced Companion Loan Holder, as applicable, without the consent of the Holder of that Certificate, the
Uncertificated VRR Interest Owners or that Serviced Companion Loan Holder, as applicable,

 

		(ii)	reduce the aforesaid percentage of Certificates of any Class or of the
Uncertificated VRR Interest the Holders (or, in the case of the Uncertificated VRR Interest,
the owners) of which are required to consent to the amendment without the consent of the Holders of all Certificates of
that Class then outstanding or of the Uncertificated VRR Interest Owners, as applicable,

 

		(iii)	change in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling and
Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent of the affected Mortgage Loan Seller,

 

		(iv)	change the definition of “Servicing Standard” without either (A) consent of 100% of
the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency Confirmation,

 

		(v)	without the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change (A) the percentages of Voting Rights of Certificateholders
that are required to consent to any action or inaction under the Pooling and Servicing Agreement, (B) the right of the Certificateholders
to remove the Special Servicer pursuant to the Pooling and Servicing Agreement or (C) the right of the Certificateholders to terminate
the Operating Advisor pursuant to the Pooling and Servicing Agreement,

 

		(vi)	adversely affect the Controlling Class Representative without the consent of 100% of the Controlling
Class Certificateholders,

 

		(vii)	adversely affect a Serviced Companion Loan Holder in its capacity as such without its consent,
or

 

		(viii)	change in any manner the obligations or rights of any Underwriter or Initial Purchaser without
the consent of the affected Underwriter or Initial Purchaser.

 

The Holders of
the Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if such
Holders do not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if none
of such Holders, the Special Servicer or the Master Servicer does, any Holders of Class R Certificates representing
greater than a 50% Percentage Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less
than 30 days’ prior notice given to the parties (or, if applicable, the other parties) to the Pooling and Servicing
Agreement (whereupon the Master Servicer shall notify the Serviced Companion Loan Holders) any time on or after the Early
Termination Notice Date specifying the Anticipated Termination Date, by purchasing on such date all, but not less than all,
of the Mortgage Loans (and in the case of any Mortgage Loan that is part of a Serviced Loan Combination, subject to certain
rights of the related Serviced Companion Loan Holder(s) provided for in the related Co-Lender Agreement) then included in the
Trust Fund, and all property acquired by or on behalf of the Trust Fund (including the Trust Fund’s interest in any REO
Property acquired with respect to any Outside Serviced Mortgage Loan) in respect of any Mortgage Loan then included in the
Trust Fund, at a purchase price, payable in cash, equal to (i) the sum of (A) the Termination Purchase Amount and
(B) the reasonable out-of-pocket expenses of the Master Servicer (unless the Master Servicer is the purchaser of such
Mortgage Loans), the Special Servicer (unless the Special Servicer is the purchaser of such Mortgage Loans), 

 

    A-6-6 

     

    

 

the Trustee and
the Certificate Administrator, as applicable, with respect to such termination, minus (ii) solely in the case where the
Master Servicer or the Special Servicer is effecting such purchase, the aggregate amount of unreimbursed Advances, if any,
made by the Master Servicer or Special Servicer, as applicable, together with any interest accrued and payable to the Master
Servicer or the Special Servicer, as applicable, in respect of such Advances and any unpaid Servicing Fees or Special
Servicing Fees, as applicable, remaining outstanding (which items will be deemed to have been paid or reimbursed to the
Master Servicer or the Special Servicer, as applicable, in connection with such purchase).

 

Any Person(s) effecting
an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination by the Holder
of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative and
each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least 30
days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement.

 

The respective obligations
and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor, the Asset Representations
Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement with respect to the Certificates,
the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other
than the obligation to make certain payments and to send certain notices to Certificateholders and the
Uncertificated VRR Interest Owners as set forth in the Pooling and Servicing Agreement and to make any required remittances
to the Serviced Companion Loan Holders in the month in which the final Distribution Date occurs and certain tax-related obligations)
shall terminate immediately following the earlier to occur of (i) the purchase by Holders of the Controlling Class, the Special
Servicer, the Master Servicer or Holders of the Class R Certificates of all the Mortgage Loans and REO Properties (or interests
therein) then included in the Trust Fund pursuant to Section 9.01(c) of the Pooling and Servicing Agreement, (ii) the exchange
by the Remaining Certificateholder of its Certificates and the Uncertificated VRR Interest
for all the Mortgage Loans and REO Properties (or interests therein) then included in the Trust Fund pursuant to Section 9.01(h)
of the Pooling and Servicing Agreement and (iii) the final payment or other liquidation (or any advance with respect thereto)
of the last Mortgage Loan or REO Property (or interest therein) contained in the Trust Fund; provided, however, that
in no event shall the trust created by the Pooling and Servicing Agreement continue beyond the expiration of twenty-one years from
the death of the last survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the United
Kingdom, living on the date of the Pooling and Servicing Agreement. All such payments as contemplated by the preceding paragraph
shall be deposited into the Collection Account by the Master Servicer or Special Servicer, as applicable, promptly following receipt
thereof.

 

Unless the Certificate
of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing Agreement or
be valid for any purpose.

 

    A-6-7 

     

    

 

IN WITNESS WHEREOF,
the Certificate Administrator has caused this Class A-SB Certificate to be duly executed.

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized Signatory

 

Dated:  ____________, 2022

  

CERTIFICATE
OF AUTHENTICATION

 

This is one of the
Class A-SB Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:  ____________, 2022

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely
as Authenticating Agent

	 	 	 
	 	By:	 
	 	 	Authorized Signatory

  

    A-6-8 

     

    

 

ASSIGNMENT

 

FOR VALUE
RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto ___________________________
_______________________________________ (please print or typewrite name(s) and address(es), including postal zip code(s) of
assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by the within Class A-SB Certificate
and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on the Certificate Register of the Trust
Fund.

 

I (we) further direct
the Certificate Registrar to issue a new Class A-SB Certificate of the entire Percentage Interest represented by the within Class
A-SB Certificates to the above-named Assignee(s) and to deliver such Class A-SB Certificate to the following address:

 

Date:
_______________

 

		 	Signature by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-6-9 

     

    

  

DISTRIBUTION
INSTRUCTIONS

 

The Assignee(s) should
include the following for purposes of distribution:

 

Address
of the Assignee(s) for the purpose of receiving notices and distributions:_____________________________________
__________________________________________________________________________ Distributions, if being made by wire transfer in
immediately available funds to __________________________ for the account of _________________________________________
account number ____________________________. This information is provided by ______________________________, the Assignee(s)
named above or ____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-6-10 

     

    

 

EXHIBIT
A-7

 

BENCHMARK 2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS X-A

 

[UNLESS THIS CERTIFICATE IS PRESENTED BY
AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE CERTIFICATE REGISTRAR
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN
SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER
ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]1

 

[TRANSFERS OF THIS GLOBAL CERTIFICATE SHALL
BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE,
AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS
SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.]2

 

THIS CERTIFICATE DOES NOT REPRESENT AN
INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY TO THE POOLING AND SERVICING AGREEMENT
REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER (OR ITS REPRESENTATIVE), THE UNDERWRITERS
OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE CERTIFICATES NOR THE MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL
AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

 

THE NOTIONAL AMOUNT OF THIS CERTIFICATE
WILL BE REDUCED IN CONNECTION WITH THE REDUCTION OF THE CERTIFICATE BALANCES OF THE CLASS A-1, CLASS A-2, CLASS A-3-1,
CLASS A-3-2, CLASS A-4-1, CLASS A-4-2, CLASS A-5 AND CLASS A-SB certificates.
ACCORDINGLY, THE NOTIONAL AMOUNT OF THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL NOTIONAL AMOUNT SET FORTH BELOW.

 

THIS CLASS X-A CERTIFICATE WILL NOT BE
ENTITLED TO RECEIVE DISTRIBUTIONS OF PRINCIPAL.

 

THIS CERTIFICATE REPRESENTS A “REGULAR
INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

 

 

 

1
       Legend required as long as DTC is the Depository under the Pooling and Servicing Agreement.

 

2
       Global Certificate legend.

 

    A-7-1 

     

    

BENCHMARK 2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS X-A

 

	Pass-Through Rate:  Variable IO3	 
	 	 
	First Distribution Date: June 17, 2022	Cut-Off Date:  With respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage Loan or Serviced Companion Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its first Due Date subsequent to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage Loan or Serviced Companion Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).
	 	 
	Aggregate Initial Notional Amount of the Class X-A Certificates:  $745,833,000	Scheduled Final Distribution Date:  the Distribution Date in May 2032
	 	 

	
        CUSIP:  08163R
        BS4

         
	Initial Notional Amount of this Certificate: $[_____]
	
        ISIN: US08163RBS40 
	 
	 	 
	
        No.: [1] 
	 

 

This certifies that
[           ] is the registered owner of a beneficial ownership interest
in a Trust Fund, including the distributions to be made with respect to the Class X-A Certificates. The Trust Fund, described
more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily properties
held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master Servicer
and the Special Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage Loans) are
to be serviced, pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate, by virtue of
the acceptance hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and is bound thereby.
In the event that there is any conflict between any provision of this Certificate and any provision of the Pooling and Servicing
Agreement, such provision of this Certificate shall be superseded to the extent of such inconsistency. Also issued under the Pooling
and Servicing Agreement are the Class A-1, Class A-2, Class A-3-1, Class A-4-1, Class A-5, Class A-SB,
Class A-S, Class B, Class C, Class A-3-2, Class A-4-2, Class X-D, Class X-F, Class X-G, Class X-H, Class X-J,
Class D, Class E, Class F, Class G, Class H, Class J, Class R, Class S and Class VRR Certificates
(together with the Class X-A Certificates, the “Certificates”; the Holders of Certificates are collectively
referred to herein as “Certificateholders”) and the Uncertificated VRR Interest.

 

This Certificate is
issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022 (the “Pooling
and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association,
as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor and Asset Representations Reviewer,
Computershare Trust

 

 

 

3
The initial approximate Pass-Through Rate as of the Closing Date is 0.08587% per annum.

  

    A-7-2 

     

    

 

Company, National Association, as Certificate Administrator, and Wilmington Trust, National Association, as
Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings assigned thereto in the Pooling
and Servicing Agreement.

 

This Certificate represents
a “regular interest” in a “real estate mortgage investment conduit,” as those terms are defined, respectively,
in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended.

 

The Certificate Administrator
makes no representation or warranty as to any of the statements contained herein or the validity or sufficiency of the Certificates
or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate Administrator under the Pooling
and Servicing Agreement.

 

Pursuant to the terms
of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution on any
Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such date,
a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related Record
Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of that portion of the aggregate amount of principal and interest then distributable, if any, with respect to the Class X-A
Certificates for such Distribution Date, all as more fully described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to a share of Yield Maintenance Charges, as provided in the Pooling and Servicing Agreement.

 

Interest accrued on
this Certificate during an Interest Accrual Period, plus the aggregate unpaid Interest Shortfall with respect to this Certificate,
if any, will be payable on the related Distribution Date to the extent provided in the Pooling and Servicing Agreement. The “Interest
Accrual Period” with respect to any Distribution Date and with respect to the Class X-A Certificates is the calendar
month preceding the month in which such Distribution Date occurs and is assumed to consist of 30 days.

 

All distributions
(other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons in whose names
the Certificates are registered at the close of business on each Record Date, which will be the last Business Day of the month
preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer of immediately
available funds to the account of such Certificateholder at a bank or other entity located in the United States and having appropriate
facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with written wiring instructions
no less than five (5) Business Days prior to the related Record Date (which wiring instructions may be in the form of a standing
order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder. The final distribution
on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate at the office of
the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting as such agent) that
is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any funds not distributed
on the Termination Date because of the failure of any Certificateholders to tender their Certificates shall be set aside and held
in trust for the account of the appropriate non-tendering Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant to Section 9.01 of the Pooling and Servicing Agreement
shall not have been surrendered for cancellation within six months after the time specified in such notice, the Certificate Administrator
shall mail a second notice to the remaining Certificateholders, at their last addresses shown in the Certificate Register, to surrender
their Certificates for cancellation in order to receive, from such funds held, the final distribution with respect thereto. If
within one year after the second notice any Certificate shall not have been surrendered for cancellation, the Certificate Administrator
may, directly or through an agent, take appropriate steps to contact the remaining Certificateholders concerning surrender of their
Certificates. The costs and expenses of maintaining such funds and of contacting Certificateholders shall be paid out of the assets
which remain held. Subject to applicable state law with respect to escheatment of funds, if within two years after the second notice
any Certificates shall not have been surrendered for cancellation, the Paying Agent shall pay to the Class R Certificateholders
all amounts distributable to the Holders thereof. No interest shall accrue or be payable to any Certificateholder on any amount
held as a result of such Certificateholder’s failure to surrender its Certificate(s) for final payment thereof in accordance
with Section 9.01 of the Pooling and Servicing Agreement.

 

    A-7-3 

     

    

 

This Certificate is
limited in right of payment to, among other things, certain collections and recoveries in respect of the Mortgage Loans, as more
specifically set forth herein and in the Pooling and Servicing Agreement.

 

As provided in the
Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled payments on or collections
in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage Loan, the Due Date
in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off Date); (iii) any REO
Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest
in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but, with respect to any REO Property
relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan Combination); (v) the Master
Servicer’s and the Trustee’s rights under the insurance policies with respect to the Mortgage Loans required to be
maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s rights in any Assignments
of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under any indemnities or guaranties
given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the Certificate Administrator’s
rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited in the Collection Account,
the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the Excess Liquidation Proceeds
Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s rights in any environmental
indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under the Mortgage Loan Purchase Agreements
to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing Agreement; (xi) the Lower-Tier Regular
Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This Certificate does
not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing Agreement for
the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights, duties and
immunities of the Certificate Administrator and Trustee.

 

As provided in the
Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender for registration
of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the name of the designated
transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate interest and of the same
Class.

 

Prior to due presentation
of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating Advisor, the Trustee,
the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person in whose name any
Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided in the Pooling
and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall be affected
by any notice to the contrary.

 

The Pooling and Servicing
Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer, the Special Servicer,
the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator is then acting as Custodian),
the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders, any of the Uncertificated
VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

		(i)	to cure any ambiguity to the extent that it does not adversely affect any holders of Certificates
or any Uncertificated VRR Interest Owner;

 

		(ii)	to correct or supplement any of its provisions which may be inconsistent with any other provisions
of the Pooling and Servicing Agreement or with the description thereof in the Prospectus or to correct any error;

 

		(iii)	to change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation
Proceeds Reserve Account, the Excess Interest Distribution Account, the Distribution Account or any REO Account, provided that
(A) the Master Servicer Remittance Date shall in no event be later than the Business Day prior to the related Distribution
Date and (B) the change would not adversely affect in any material respect

 

    A-7-4 

     

    

 

	 	 	 the interests of any Certificateholder or any Uncertificated
VRR Interest Owner, as evidenced by an opinion of counsel (at the expense of the party requesting the amendment);

 

		(iv)	to modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain the
qualification of any Trust REMIC as a REMIC or the Grantor Trust as a grantor trust or to avoid or minimize the risk of imposition
of any tax on the Trust Fund, provided that the Trustee and the Certificate Administrator have received an opinion of counsel (at
the expense of the party requesting the amendment) to the effect that (1) the action is necessary or desirable to maintain
such qualification or to avoid or minimize such risk and (2) the action will not adversely affect in any material respect the interests
of any holder of the Certificates or any Uncertificated VRR Interest Owner, (B) to restrict (or to remove any existing restrictions
with respect to) the transfer of the Class R Certificates, provided that the Depositor has determined that the amendment will
not give rise to any tax with respect to the transfer of the Class R Certificates to a non-Permitted Transferee, (C) to the
extent necessary to comply with the Investment Company Act of 1940, as amended, the Exchange Act, Regulation AB, Regulation RR
and/or any related regulatory actions and/or interpretations or (D) in the event that Regulation RR (or any portion thereof) or
any other regulations applicable to the risk retention requirements for this securitization transaction are amended or repealed,
to the extent required to comply with any such amendment or to modify or eliminate any risk retention requirements no longer applicable
to this securitization transaction in light of such repeal;

 

		(v)	to make any other provisions with respect to matters or questions arising under the Pooling and
Servicing Agreement or any other change, provided that the amendment will not adversely affect in any material respect the
interests of any Certificateholder or any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(vi)	to modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5; provided
that such modification does not increase the obligations of the Trustee, the Certificate Administrator, the Operating Advisor,
the Asset Representations Reviewer, the Master Servicer or the Special Servicer without such party’s consent (which consent
may not be withheld unless such modification would materially adversely affect such party or materially increase such party’s
obligations under the Pooling and Servicing Agreement); provided, further that notice of such modification is provided
to all parties to the Pooling and Servicing Agreement; and

 

		(vii)	to amend or supplement any provision of the Pooling and Servicing Agreement to the extent necessary
to maintain the ratings assigned to each Class of Certificates by any of the Rating Agencies, provided that the amendment will
not adversely affect in any material respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided, further
that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or consultation rights
or the right to receive information under the Pooling and Servicing Agreement of the Controlling Class Representative without the
consent of the Controlling Class Representative; (B) reduce the consultation rights or the right to receive information under the
Pooling and Servicing Agreement of the Operating Advisor without the consent of the Operating Advisor; (C) change in any manner
the obligations or rights of any Mortgage Loan Seller under the Pooling and Servicing Agreement or the applicable Mortgage Loan
Purchase Agreement without the consent of the affected Mortgage Loan Seller; (D) change in any manner the obligations or
rights of any Underwriter or Initial Purchaser, without the consent of the affected Underwriter or Initial Purchaser; or (E) adversely
affect any Serviced Companion Loan Holder in its capacity as such without its consent. Expenses incurred with respect to any amendment
shall be borne by the party requesting such amendment, unless the Master Servicer, the Special Servicer or the Trustee is requesting
an amendment for the benefit of the Certificateholders, then in which case such expense will be borne by the Trust.

 

    A-7-5 

     

    

 

The Pooling and Servicing
Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of the Depositor, the Master
Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee with the consent of the Holders of Certificates representing
not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected by the amendment for the purpose of adding
any provisions to or changing in any manner or eliminating any of the provisions of the Pooling and Servicing Agreement or of modifying
in any manner the rights of the Certificateholders and the Uncertificated VRR Interest Owners;
provided, however, that no such amendment shall:

 

		(i)	reduce in any manner the amount of, or delay the timing of, payments received on the Serviced Loans
which are required to be distributed on a Certificate of any Class or the Uncertificated VRR Interest
or to any Serviced Companion Loan Holder, as applicable, without the consent of the Holder of that Certificate, the
Uncertificated VRR Interest Owners or that Serviced Companion Loan Holder, as applicable,

 

		(ii)	reduce the aforesaid percentage of Certificates of any Class or of the
Uncertificated VRR Interest the Holders (or, in the case of the Uncertificated VRR Interest,
the owners) of which are required to consent to the amendment without the consent of the Holders of all Certificates of
that Class then outstanding or of the Uncertificated VRR Interest Owners, as applicable,

 

		(iii)	change in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling and
Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent of the affected Mortgage Loan Seller,

 

		(iv)	change the definition of “Servicing Standard” without either (A) consent of 100% of
the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency Confirmation,

 

		(v)	without the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change (A)
the percentages of Voting Rights of Certificateholders that are required to consent to any action or inaction under the Pooling
and Servicing Agreement, (B) the right of the Certificateholders to remove the Special Servicer pursuant to the Pooling and Servicing
Agreement or (C) the right of the Certificateholders to terminate the Operating Advisor pursuant to the Pooling and Servicing Agreement,

 

		(vi)	adversely affect the Controlling Class Representative without the consent of 100% of the Controlling
Class Certificateholders,

 

		(vii)	adversely affect a Serviced Companion Loan Holder in its capacity as such without its consent,
or

 

		(viii)	change in any manner the obligations or rights of any Underwriter or Initial Purchaser without
the consent of the affected Underwriter or Initial Purchaser.

 

The Holders of the
Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if such Holders do
not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if none of such Holders,
the Special Servicer or the Master Servicer does, any Holders of Class R Certificates representing greater than a 50% Percentage
Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less than 30 days’ prior notice
given to the parties (or, if applicable, the other parties) to the Pooling and Servicing Agreement (whereupon the Master Servicer
shall notify the Serviced Companion Loan Holders) any time on or after the Early Termination Notice Date specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the Mortgage Loans (and in the case of any Mortgage
Loan that is part of a Serviced Loan Combination, subject to certain rights of the related Serviced Companion Loan Holder(s) provided
for in the related Co-Lender Agreement) then included in the Trust Fund, and

 

    A-7-6 

     

    

 

all property acquired by or on behalf of the Trust
Fund (including the Trust Fund’s interest in any REO Property acquired with respect to any Outside Serviced Mortgage Loan)
in respect of any Mortgage Loan then included in the Trust Fund, at a purchase price, payable in cash, equal to (i) the sum
of (A) the Termination Purchase Amount and (B) the reasonable out-of-pocket expenses of the Master Servicer (unless the
Master Servicer is the purchaser of such Mortgage Loans), the Special Servicer (unless the Special Servicer is the purchaser of
such Mortgage Loans), the Trustee and the Certificate Administrator, as applicable, with respect to such termination, minus (ii) solely
in the case where the Master Servicer or the Special Servicer is effecting such purchase, the aggregate amount of unreimbursed
Advances, if any, made by the Master Servicer or Special Servicer, as applicable, together with any interest accrued and payable
to the Master Servicer or the Special Servicer, as applicable, in respect of such Advances and any unpaid Servicing Fees or Special
Servicing Fees, as applicable, remaining outstanding (which items will be deemed to have been paid or reimbursed to the Master
Servicer or the Special Servicer, as applicable, in connection with such purchase).

 

Any Person(s) effecting
an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination by the Holder
of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative and
each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least 30
days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement.

 

The respective obligations
and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor, the Asset Representations
Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement with respect to the Certificates,
the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other
than the obligation to make certain payments and to send certain notices to Certificateholders and the
Uncertificated VRR Interest Owners as set forth in the Pooling and Servicing Agreement and to make any required remittances
to the Serviced Companion Loan Holders in the month in which the final Distribution Date occurs and certain tax-related obligations)
shall terminate immediately following the earlier to occur of (i) the purchase by Holders of the Controlling Class, the Special
Servicer, the Master Servicer or Holders of the Class R Certificates of all the Mortgage Loans and REO Properties (or interests
therein) then included in the Trust Fund pursuant to Section 9.01(c) of the Pooling and Servicing Agreement, (ii) the exchange
by the Remaining Certificateholder of its Certificates and the Uncertificated VRR Interest for
all the Mortgage Loans and REO Properties (or interests therein) then included in the Trust Fund pursuant to Section 9.01(h) of
the Pooling and Servicing Agreement and (iii) the final payment or other liquidation (or any advance with respect thereto)
of the last Mortgage Loan or REO Property (or interest therein) contained in the Trust Fund; provided, however, that
in no event shall the trust created by the Pooling and Servicing Agreement continue beyond the expiration of twenty-one years from
the death of the last survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the United
Kingdom, living on the date of the Pooling and Servicing Agreement. All such payments as contemplated by the preceding paragraph
shall be deposited into the Collection Account by the Master Servicer or Special Servicer, as applicable, promptly following receipt
thereof.

 

Unless the Certificate
of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing Agreement or
be valid for any purpose.

 

    A-7-7 

     

    

 

IN WITNESS WHEREOF,
the Certificate Administrator has caused this Class X-A Certificate to be duly executed.

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized Signatory

 

Dated:  ____________, 2022

  

CERTIFICATE
OF AUTHENTICATION

 

This is one of the
Class X-A Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:  ____________, 2022

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely
as Authenticating Agent

	 	 	 
	 	By:	 
	 	 	Authorized Signatory

  

    A-7-8 

     

    

 

ASSIGNMENT

 

FOR
VALUE RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto
___________________________
_______________________________________ (please print or typewrite name(s) and address(es),
including postal zip code(s) of assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by
the within Class X-A  Certificate and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on the
Certificate Register of the Trust Fund.

 

I (we) further direct
the Certificate Registrar to issue a new Class X-A Certificate of the entire Percentage Interest represented by the within Class
X-A Certificates to the above-named Assignee(s) and to deliver such Class X-A Certificate to the following address:

 

Date:
_______________

 

		 	Signature by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-7-9 

     

    

  

DISTRIBUTION
INSTRUCTIONS

 

The Assignee(s) should
include the following for purposes of distribution:

 

Address
of the Assignee(s) for the purpose of receiving notices and distributions:_____________________________________
__________________________________________________________________________ Distributions, if being made by wire transfer in
immediately available funds to __________________________ for the account of _________________________________________
account number ____________________________. This information is provided by ______________________________, the Assignee(s)
named above or ____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-7-10 

     

    

 

EXHIBIT
A-8

 

BENCHMARK 2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS A-S

 

[UNLESS THIS CERTIFICATE IS PRESENTED BY
AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE CERTIFICATE REGISTRAR
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN
SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER
ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]1

 

[TRANSFERS OF THIS GLOBAL CERTIFICATE SHALL
BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE,
AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS
SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.]2

 

THIS CERTIFICATE DOES NOT REPRESENT AN
INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY TO THE POOLING AND SERVICING AGREEMENT
REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER (OR ITS REPRESENTATIVE), THE UNDERWRITERS
OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE CERTIFICATES NOR THE MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL
AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

 

PRINCIPAL PAYMENTS IN RESPECT OF THIS CERTIFICATE
ARE DISTRIBUTABLE AS SET FORTH IN THE POOLING AND SERVICING AGREEMENT. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS
CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

 

DISTRIBUTIONS OF PRINCIPAL
AND INTEREST ON THIS CERTIFICATE ARE SUBORDINATED TO DISTRIBUTIONS OF PRINCIPAL AND INTEREST ON OTHER CLASSES OF CERTIFICATES OF
THE SAME SERIES.

 

THIS CERTIFICATE REPRESENTS A “REGULAR
INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

 

 

 

1
       Legend required as long as DTC is the Depository under the Pooling and Servicing Agreement.

 

2
       Global Certificate legend.

 

    A-8-1 

     

    

 

BENCHMARK 2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS A-S

 

	Pass-Through Rate:  The WAC Rate3	 	 
	 	 	 
	First Distribution Date: June 17, 2022	 	Cut-Off Date:  With respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage Loan or Serviced Companion Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its first Due Date subsequent to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage Loan or Serviced Companion Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).
	 	 	 
	Aggregate Initial Certificate Balance of the Class A-S Certificates:  $74,583,000	 	Scheduled Final Distribution Date: the Distribution Date in May 2032
	 	 	 

	
        CUSIP:  08163R
        BT2

         
	 	Initial Certificate Balance of this Certificate: $[_____]
	
        ISIN: US08163RBT23

         
	 	 
	No.:  [1]	 	 

 

This certifies that
[           ] is the registered owner of a beneficial ownership interest
in a Trust Fund, including the distributions to be made with respect to the Class A-S Certificates. The Trust Fund, described
more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily properties
held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master Servicer
and the Special Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage Loans) are
to be serviced, pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate, by virtue of
the acceptance hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and is bound thereby.
In the event that there is any conflict between any provision of this Certificate and any provision of the Pooling and Servicing
Agreement, such provision of this Certificate shall be superseded to the extent of such inconsistency. Also issued under the Pooling
and Servicing Agreement are the Class A-1, Class A-2, Class A-3-1, Class A-4-1, Class A-5, Class A-SB,
Class X-A, Class B, Class C, Class A-3-2, Class A-4-2, Class X-D, Class X-F, Class X-G, Class X-H, Class X-J,
Class D, Class E, Class F, Class G, Class H, Class J, Class R, Class S and Class VRR Certificates
(together with the Class A-S Certificates, the “Certificates”; the Holders of Certificates are collectively
referred to herein as “Certificateholders”) and the Uncertificated VRR Interest.

 

This Certificate is
issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022 (the “Pooling
and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association,
as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor and Asset Representations Reviewer,
Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington Trust, National Association, as

 

 

 

3
The initial approximate Pass-Through Rate as of the Closing Date is 4.59391%
per annum.

 

    A-8-2 

     

    

 

Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings assigned thereto in the Pooling
and Servicing Agreement.

 

This Certificate represents
a “regular interest” in a “real estate mortgage investment conduit,” as those terms are defined, respectively,
in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended.

 

The Certificate Administrator
makes no representation or warranty as to any of the statements contained herein or the validity or sufficiency of the Certificates
or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate Administrator under the Pooling
and Servicing Agreement.

 

Pursuant to the terms
of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution on any
Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such date,
a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related Record
Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of that portion of the aggregate amount of principal and interest then distributable, if any, with respect to the Class A-S
Certificates for such Distribution Date, all as more fully described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to a share of Yield Maintenance Charges, as provided in the Pooling and Servicing Agreement.

 

Interest accrued on
this Certificate during an Interest Accrual Period, plus the aggregate unpaid Interest Shortfall with respect to this Certificate,
if any, will be payable on the related Distribution Date to the extent provided in the Pooling and Servicing Agreement. The “Interest
Accrual Period” with respect to any Distribution Date and with respect to the Class A-S Certificates is the calendar
month preceding the month in which such Distribution Date occurs and is assumed to consist of 30 days.

 

All distributions
(other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons in whose names
the Certificates are registered at the close of business on each Record Date, which will be the last Business Day of the month
preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer of immediately
available funds to the account of such Certificateholder at a bank or other entity located in the United States and having appropriate
facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with written wiring instructions
no less than five (5) Business Days prior to the related Record Date (which wiring instructions may be in the form of a standing
order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder. The final distribution
on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate at the office of
the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting as such agent) that
is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any funds not distributed
on the Termination Date because of the failure of any Certificateholders to tender their Certificates shall be set aside and held
in trust for the account of the appropriate non-tendering Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant to Section 9.01 of the Pooling and Servicing
Agreement shall not have been surrendered for cancellation within six months after the time specified in such notice, the Certificate
Administrator shall mail a second notice to the remaining Certificateholders, at their last addresses shown in the Certificate
Register, to surrender their Certificates for cancellation in order to receive, from such funds held, the final distribution with
respect thereto. If within one year after the second notice any Certificate shall not have been surrendered for cancellation, the
Certificate Administrator may, directly or through an agent, take appropriate steps to contact the remaining Certificateholders
concerning surrender of their Certificates. The costs and expenses of maintaining such funds and of contacting Certificateholders
shall be paid out of the assets which remain held. Subject to applicable state law with respect to escheatment of funds, if within
two years after the second notice any Certificates shall not have been surrendered for cancellation, the Paying Agent shall pay
to the Class R Certificateholders all amounts distributable to the Holders thereof. No interest shall accrue or be payable to any
Certificateholder on any amount held as a result of such Certificateholder’s failure to surrender its Certificate(s) for
final payment thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.

 

This Certificate is
limited in right of payment to, among other things, certain collections and recoveries in respect of the Mortgage Loans, as more
specifically set forth herein and in the Pooling and Servicing Agreement.

 

    A-8-3 

     

    

 

As provided in the
Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled payments on or collections
in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage Loan, the Due Date
in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off Date); (iii) any REO
Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest
in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but, with respect to any REO Property
relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan Combination); (v) the Master
Servicer’s and the Trustee’s rights under the insurance policies with respect to the Mortgage Loans required to be
maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s rights in any Assignments
of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under any indemnities or guaranties
given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the Certificate Administrator’s
rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited in the Collection Account,
the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the Excess Liquidation Proceeds
Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s rights in any environmental
indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under the Mortgage Loan Purchase Agreements
to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing Agreement; (xi) the Lower-Tier Regular
Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This Certificate does
not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing Agreement for
the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights, duties and
immunities of the Certificate Administrator and Trustee.

 

As provided in the
Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender for registration
of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the name of the designated
transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate interest and of the same
Class.

 

Prior to due presentation
of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating Advisor, the Trustee,
the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person in whose name any
Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided in the Pooling
and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall be affected
by any notice to the contrary.

 

The Pooling and Servicing
Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer, the Special Servicer,
the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator is then acting as Custodian),
the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders, any of the Uncertificated
VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

		(i)	to cure any ambiguity to the extent that it does not adversely affect any holders of Certificates
or any Uncertificated VRR Interest Owner;

 

		(ii)	to correct or supplement any of its provisions which may be inconsistent with any other provisions
of the Pooling and Servicing Agreement or with the description thereof in the Prospectus or to correct any error;

 

		(iii)	to change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation
Proceeds Reserve Account, the Excess Interest Distribution Account, the Distribution Account or any REO Account, provided that
(A) the Master Servicer Remittance Date shall in no event be later than the Business Day prior to the related Distribution
Date and (B) the change would not adversely affect in any material respect the interests of any Certificateholder or any Uncertificated
VRR Interest Owner, as evidenced by an opinion of counsel (at the expense of the party requesting the amendment);

 

    A-8-4 

     

    

 

		(iv)	to modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain the
qualification of any Trust REMIC as a REMIC or the Grantor Trust as a grantor trust or to avoid or minimize the risk of imposition
of any tax on the Trust Fund, provided that the Trustee and the Certificate Administrator have received an opinion of counsel (at
the expense of the party requesting the amendment) to the effect that (1) the action is necessary or desirable to maintain
such qualification or to avoid or minimize such risk and (2) the action will not adversely affect in any material respect the interests
of any holder of the Certificates or any Uncertificated VRR Interest Owner, (B) to restrict (or to remove any existing restrictions
with respect to) the transfer of the Class R Certificates, provided that the Depositor has determined that the amendment will
not give rise to any tax with respect to the transfer of the Class R Certificates to a non-Permitted Transferee, (C) to the
extent necessary to comply with the Investment Company Act of 1940, as amended, the Exchange Act, Regulation AB, Regulation RR
and/or any related regulatory actions and/or interpretations or (D) in the event that Regulation RR (or any portion thereof) or
any other regulations applicable to the risk retention requirements for this securitization transaction are amended or repealed,
to the extent required to comply with any such amendment or to modify or eliminate any risk retention requirements no longer applicable
to this securitization transaction in light of such repeal;

 

		(v)	to make any other provisions with respect to matters or questions arising under the Pooling and
Servicing Agreement or any other change, provided that the amendment will not adversely affect in any material respect the
interests of any Certificateholder or any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(vi)	to modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5; provided
that such modification does not increase the obligations of the Trustee, the Certificate Administrator, the Operating Advisor,
the Asset Representations Reviewer, the Master Servicer or the Special Servicer without such party’s consent (which consent
may not be withheld unless such modification would materially adversely affect such party or materially increase such party’s
obligations under the Pooling and Servicing Agreement); provided, further that notice of such modification is provided
to all parties to the Pooling and Servicing Agreement; and

 

		(vii)	to amend or supplement any provision of the Pooling and Servicing Agreement to the extent necessary
to maintain the ratings assigned to each Class of Certificates by any of the Rating Agencies, provided that the amendment will
not adversely affect in any material respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided, further
that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or consultation rights
or the right to receive information under the Pooling and Servicing Agreement of the Controlling Class Representative without the
consent of the Controlling Class Representative; (B) reduce the consultation rights or the right to receive information under the
Pooling and Servicing Agreement of the Operating Advisor without the consent of the Operating Advisor; (C) change in any manner
the obligations or rights of any Mortgage Loan Seller under the Pooling and Servicing Agreement or the applicable Mortgage Loan
Purchase Agreement without the consent of the affected Mortgage Loan Seller; (D) change in any manner the obligations or
rights of any Underwriter or Initial Purchaser, without the consent of the affected Underwriter or Initial Purchaser; or (E) adversely
affect any Serviced Companion Loan Holder in its capacity as such without its consent. Expenses incurred with respect to any amendment
shall be borne by the party requesting such amendment, unless the Master Servicer, the Special Servicer or the Trustee is requesting
an amendment for the benefit of the Certificateholders, then in which case such expense will be borne by the Trust.

 

The Pooling and Servicing
Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of the Depositor, the Master
Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee with the consent of the Holders of Certificates representing
not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected by the amendment for the purpose of

 

    A-8-5 

     

    

 

adding
any provisions to or changing in any manner or eliminating any of the provisions of the Pooling and Servicing Agreement or of modifying
in any manner the rights of the Certificateholders and the Uncertificated VRR Interest Owners; provided, however,
that no such amendment shall:

 

		(i)	reduce in any manner the amount of, or delay the timing of, payments received on the Serviced Loans
which are required to be distributed on a Certificate of any Class or the Uncertificated VRR Interest or to any Serviced Companion
Loan Holder, as applicable, without the consent of the Holder of that Certificate, the Uncertificated VRR Interest Owners or that
Serviced Companion Loan Holder, as applicable,

 

		(ii)	reduce the aforesaid percentage of Certificates of any Class or of the Uncertificated VRR Interest
the Holders (or, in the case of the Uncertificated VRR Interest, the owners) of which are required to consent to the amendment
without the consent of the Holders of all Certificates of that Class then outstanding or of the Uncertificated VRR Interest Owners,
as applicable,

 

		(iii)	change in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling and
Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent of the affected Mortgage Loan Seller,

 

		(iv)	change the definition of “Servicing Standard” without either (A) consent of 100% of
the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency Confirmation,

 

		(v)	without the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change (A) the percentages of Voting Rights of Certificateholders
that are required to consent to any action or inaction under the Pooling and Servicing Agreement, (B) the right of the Certificateholders
to remove the Special Servicer pursuant to the Pooling and Servicing Agreement or (C) the right of the Certificateholders to terminate
the Operating Advisor pursuant to the Pooling and Servicing Agreement,

 

		(vi)	adversely affect the Controlling Class Representative without the consent of 100% of the Controlling
Class Certificateholders,

 

		(vii)	adversely affect a Serviced Companion Loan Holder in its capacity as such without its consent,
or

 

		(viii)	change in any manner the obligations or rights of any Underwriter or Initial Purchaser without
the consent of the affected Underwriter or Initial Purchaser.

 

The Holders of the
Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if such Holders do
not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if none of such Holders,
the Special Servicer or the Master Servicer does, any Holders of Class R Certificates representing greater than a 50% Percentage
Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less than 30 days’ prior notice
given to the parties (or, if applicable, the other parties) to the Pooling and Servicing Agreement (whereupon the Master Servicer
shall notify the Serviced Companion Loan Holders) any time on or after the Early Termination Notice Date specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the Mortgage Loans (and in the case of any Mortgage
Loan that is part of a Serviced Loan Combination, subject to certain rights of the related Serviced Companion Loan Holder(s) provided
for in the related Co-Lender Agreement) then included in the Trust Fund, and all property acquired by or on behalf of the Trust
Fund (including the Trust Fund’s interest in any REO Property acquired with respect to any Outside Serviced Mortgage Loan)
in respect of any Mortgage Loan then included in the Trust Fund, at a purchase price, payable in cash, equal to (i) the sum
of (A) the Termination Purchase Amount and (B) the reasonable out-of-pocket expenses of the Master Servicer (unless the
Master Servicer is the purchaser of such Mortgage Loans), the Special Servicer (unless the Special Servicer is the purchaser of
such Mortgage Loans), the Trustee and the Certificate Administrator, as applicable, with respect to such termination, minus (ii) solely
in the

 

    A-8-6 

     

    

 

case where the Master Servicer or the Special Servicer is effecting such purchase, the aggregate amount of unreimbursed
Advances, if any, made by the Master Servicer or Special Servicer, as applicable, together with any interest accrued and payable
to the Master Servicer or the Special Servicer, as applicable, in respect of such Advances and any unpaid Servicing Fees or Special
Servicing Fees, as applicable, remaining outstanding (which items will be deemed to have been paid or reimbursed to the Master
Servicer or the Special Servicer, as applicable, in connection with such purchase).

 

Any Person(s) effecting
an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination by the Holder
of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative and
each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least 30
days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement.

 

The respective obligations
and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor, the Asset Representations
Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement with respect to the Certificates,
the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other
than the obligation to make certain payments and to send certain notices to Certificateholders and the
Uncertificated VRR Interest Owners as set forth in the Pooling and Servicing Agreement and to make any required remittances
to the Serviced Companion Loan Holders in the month in which the final Distribution Date occurs and certain tax-related obligations)
shall terminate immediately following the earlier to occur of (i) the purchase by Holders of the Controlling Class, the Special
Servicer, the Master Servicer or Holders of the Class R Certificates of all the Mortgage Loans and REO Properties (or interests
therein) then included in the Trust Fund pursuant to Section 9.01(c) of the Pooling and Servicing Agreement, (ii) the exchange
by the Remaining Certificateholder of its Certificates and the Uncertificated VRR Interest for
all the Mortgage Loans and REO Properties (or interests therein) then included in the Trust Fund pursuant to Section 9.01(h) of
the Pooling and Servicing Agreement and (iii) the final payment or other liquidation (or any advance with respect thereto)
of the last Mortgage Loan or REO Property (or interest therein) contained in the Trust Fund; provided, however, that
in no event shall the trust created by the Pooling and Servicing Agreement continue beyond the expiration of twenty-one years from
the death of the last survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the United
Kingdom, living on the date of the Pooling and Servicing Agreement. All such payments as contemplated by the preceding paragraph
shall be deposited into the Collection Account by the Master Servicer or Special Servicer, as applicable, promptly following receipt
thereof.

 

Unless the Certificate
of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing Agreement or
be valid for any purpose.

 

    A-8-7 

     

    

 

IN WITNESS WHEREOF,
the Certificate Administrator has caused this Class A-S Certificate to be duly executed.

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized Signatory

 

Dated:  ____________, 2022

  

CERTIFICATE
OF AUTHENTICATION

 

This is one of the
Class A-S Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:  ____________, 2022

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely
as Authenticating Agent

	 	 	 
	 	By:	 
	 	 	Authorized Signatory

  

    A-8-8 

     

    

 

ASSIGNMENT

 

FOR VALUE
RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto ___________________________
_______________________________________ (please print or typewrite name(s) and address(es), including postal zip code(s) of
assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by the within Class A-S Certificate
and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on the Certificate Register of the Trust
Fund.

 

I (we) further direct
the Certificate Registrar to issue a new Class A-S Certificate of the entire Percentage Interest represented by the within Class
A-S Certificates to the above-named Assignee(s) and to deliver such Class A-S Certificate to the following address:

 

Date:
_______________

 

		 	Signature by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-8-9 

     

    

  

DISTRIBUTION
INSTRUCTIONS

 

The Assignee(s) should
include the following for purposes of distribution:

 

Address
of the Assignee(s) for the purpose of receiving notices and distributions:_____________________________________
__________________________________________________________________________ Distributions, if being made by wire transfer in
immediately available funds to __________________________ for the account of _________________________________________
account number ____________________________. This information is provided by ______________________________, the Assignee(s)
named above or ____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-8-10 

     

    

 

EXHIBIT
A-9

 

BENCHMARK 2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS B

 

[UNLESS THIS CERTIFICATE IS PRESENTED BY
AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE CERTIFICATE REGISTRAR
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN
SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER
ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]1

 

[TRANSFERS OF THIS GLOBAL CERTIFICATE SHALL
BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE,
AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS
SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.]2

 

THIS CERTIFICATE DOES NOT REPRESENT AN
INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY TO THE POOLING AND SERVICING AGREEMENT
REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER (OR ITS REPRESENTATIVE), THE UNDERWRITERS
OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE CERTIFICATES NOR THE MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL
AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

 

PRINCIPAL PAYMENTS IN RESPECT OF THIS CERTIFICATE
ARE DISTRIBUTABLE AS SET FORTH IN THE POOLING AND SERVICING AGREEMENT. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS
CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

 

DISTRIBUTIONS OF PRINCIPAL AND INTEREST
ON THIS CERTIFICATE ARE SUBORDINATED TO DISTRIBUTIONS OF PRINCIPAL AND INTEREST ON OTHER CLASSES OF CERTIFICATES OF THE SAME SERIES.

 

THIS CERTIFICATE REPRESENTS A “REGULAR
INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

 

 

 

1
       Legend required as long as DTC is the Depository under the Pooling and Servicing Agreement.

 

2
       Global Certificate legend.

 

    A-9-1 

     

    

BENCHMARK 2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS B

 

	Pass-Through Rate:  The WAC Rate3	 	 
	 	 	 
	First Distribution Date: June 17, 2022	 	Cut-Off Date:  With respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage Loan or Serviced Companion Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its first Due Date subsequent to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage Loan or Serviced Companion Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).
	 	 	 
	Aggregate Initial Certificate Balance of the Class B Certificates:  $49,278,000	 	Scheduled Final Distribution Date: the Distribution Date in May 2032
	 	 	 
	
        CUSIP:  08163R
        BU9

         
	 	Initial Certificate Balance of this Certificate: $[_____]
	
        ISIN: US08163RBU95 
	 	 
	 	 	 
	No.:  [1]	 	 

 

This certifies that
[           ] is the registered owner of a beneficial ownership interest
in a Trust Fund, including the distributions to be made with respect to the Class B Certificates. The Trust Fund, described
more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily properties
held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master Servicer
and the Special Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage Loans) are
to be serviced, pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate, by virtue of
the acceptance hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and is bound thereby.
In the event that there is any conflict between any provision of this Certificate and any provision of the Pooling and Servicing
Agreement, such provision of this Certificate shall be superseded to the extent of such inconsistency. Also issued under the Pooling
and Servicing Agreement are the Class A-1, Class A-2, Class A-3-1, Class A-4-1, Class A-5, Class A-SB,
Class X-A, Class A-S, Class C, Class A-3-2, Class A-4-2, Class X-D, Class X-F, Class X-G, Class X-H, Class
X-J, Class D, Class E, Class F, Class G, Class H, Class J, Class R, Class S and Class VRR Certificates
(together with the Class B Certificates, the “Certificates”; the Holders of Certificates are collectively
referred to herein as “Certificateholders”) and the Uncertificated VRR Interest.

 

This Certificate is
issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022 (the “Pooling
and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association,
as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor and Asset Representations Reviewer,
Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington Trust, National Association, as

 

 

 

3
The initial approximate Pass-Through Rate as of the Closing Date is 4.59391%
per annum.

 

    A-9-2 

     

    

 

Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings assigned thereto in the Pooling
and Servicing Agreement.

 

This Certificate represents
a “regular interest” in a “real estate mortgage investment conduit,” as those terms are defined, respectively,
in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended.

 

The Certificate Administrator
makes no representation or warranty as to any of the statements contained herein or the validity or sufficiency of the Certificates
or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate Administrator under the Pooling
and Servicing Agreement.

 

Pursuant to the terms
of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution on any
Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such date,
a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related Record
Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of that portion of the aggregate amount of principal and interest then distributable, if any, with respect to the Class B
Certificates for such Distribution Date, all as more fully described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to a share of Yield Maintenance Charges, as provided in the Pooling and Servicing Agreement.

 

Interest accrued on
this Certificate during an Interest Accrual Period, plus the aggregate unpaid Interest Shortfall with respect to this Certificate,
if any, will be payable on the related Distribution Date to the extent provided in the Pooling and Servicing Agreement. The “Interest
Accrual Period” with respect to any Distribution Date and with respect to the Class B Certificates is the calendar
month preceding the month in which such Distribution Date occurs and is assumed to consist of 30 days.

 

All distributions
(other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons in whose names
the Certificates are registered at the close of business on each Record Date, which will be the last Business Day of the month
preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer of immediately
available funds to the account of such Certificateholder at a bank or other entity located in the United States and having appropriate
facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with written wiring instructions
no less than five (5) Business Days prior to the related Record Date (which wiring instructions may be in the form of a standing
order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder. The final distribution
on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate at the office of
the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting as such agent) that
is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any funds not distributed
on the Termination Date because of the failure of any Certificateholders to tender their Certificates shall be set aside and held
in trust for the account of the appropriate non-tendering Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant to Section 9.01 of the Pooling and Servicing Agreement
shall not have been surrendered for cancellation within six months after the time specified in such notice, the Certificate Administrator
shall mail a second notice to the remaining Certificateholders, at their last addresses shown in the Certificate Register, to surrender
their Certificates for cancellation in order to receive, from such funds held, the final distribution with respect thereto. If
within one year after the second notice any Certificate shall not have been surrendered for cancellation, the Certificate Administrator
may, directly or through an agent, take appropriate steps to contact the remaining Certificateholders concerning surrender of their
Certificates. The costs and expenses of maintaining such funds and of contacting Certificateholders shall be paid out of the assets
which remain held. Subject to applicable state law with respect to escheatment of funds, if within two years after the second notice
any Certificates shall not have been surrendered for cancellation, the Paying Agent shall pay to the Class R Certificateholders
all amounts distributable to the Holders thereof. No interest shall accrue or be payable to any Certificateholder on any amount
held as a result of such Certificateholder’s failure to surrender its Certificate(s) for final payment thereof in accordance
with Section 9.01 of the Pooling and Servicing Agreement.

 

This Certificate is
limited in right of payment to, among other things, certain collections and recoveries in respect of the Mortgage Loans, as more
specifically set forth herein and in the Pooling and Servicing Agreement.

 

    A-9-3 

     

    

 

As provided in the
Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled payments on or collections
in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage Loan, the Due Date
in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off Date); (iii) any REO
Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest
in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but, with respect to any REO Property
relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan Combination); (v) the Master
Servicer’s and the Trustee’s rights under the insurance policies with respect to the Mortgage Loans required to be
maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s rights in any Assignments
of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under any indemnities or guaranties
given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the Certificate Administrator’s
rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited in the Collection Account,
the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the Excess Liquidation Proceeds
Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s rights in any environmental
indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under the Mortgage Loan Purchase Agreements
to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing Agreement; (xi) the Lower-Tier Regular
Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This Certificate does
not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing Agreement for
the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights, duties and
immunities of the Certificate Administrator and Trustee.

 

As provided in the
Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender for registration
of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the name of the designated
transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate interest and of the same
Class.

 

Prior to due presentation
of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating Advisor, the Trustee,
the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person in whose name any
Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided in the Pooling
and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall be affected
by any notice to the contrary.

 

The Pooling and Servicing
Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer, the Special Servicer,
the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator is then acting as Custodian),
the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders, any of the Uncertificated
VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

		(i)	to cure any ambiguity to the extent that it does not adversely affect any holders of Certificates
or any Uncertificated VRR Interest Owner;

 

		(ii)	to correct or supplement any of its provisions which may be inconsistent with any other provisions
of the Pooling and Servicing Agreement or with the description thereof in the Prospectus or to correct any error;

 

		(iii)	to change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation
Proceeds Reserve Account, the Excess Interest Distribution Account, the Distribution Account or any REO Account, provided that
(A) the Master Servicer Remittance Date shall in no event be later than the Business Day prior to the related Distribution
Date and (B) the change would not adversely affect in any material respect the interests of any Certificateholder or any Uncertificated
VRR Interest Owner, as evidenced by an opinion of counsel (at the expense of the party requesting the amendment);

 

    A-9-4 

     

    

 

		(iv)	to modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain the
qualification of any Trust REMIC as a REMIC or the Grantor Trust as a grantor trust or to avoid or minimize the risk of imposition
of any tax on the Trust Fund, provided that the Trustee and the Certificate Administrator have received an opinion of counsel (at
the expense of the party requesting the amendment) to the effect that (1) the action is necessary or desirable to maintain
such qualification or to avoid or minimize such risk and (2) the action will not adversely affect in any material respect the interests
of any holder of the Certificates or any Uncertificated VRR Interest Owner, (B) to restrict (or to remove any existing restrictions
with respect to) the transfer of the Class R Certificates, provided that the Depositor has determined that the amendment will
not give rise to any tax with respect to the transfer of the Class R Certificates to a non-Permitted Transferee, (C) to the
extent necessary to comply with the Investment Company Act of 1940, as amended, the Exchange Act, Regulation AB, Regulation RR
and/or any related regulatory actions and/or interpretations or (D) in the event that Regulation RR (or any portion thereof) or
any other regulations applicable to the risk retention requirements for this securitization transaction are amended or repealed,
to the extent required to comply with any such amendment or to modify or eliminate any risk retention requirements no longer applicable
to this securitization transaction in light of such repeal;

 

		(v)	to make any other provisions with respect to matters or questions arising under the Pooling and
Servicing Agreement or any other change, provided that the amendment will not adversely affect in any material respect the
interests of any Certificateholder or any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(vi)	to modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5; provided
that such modification does not increase the obligations of the Trustee, the Certificate Administrator, the Operating Advisor,
the Asset Representations Reviewer, the Master Servicer or the Special Servicer without such party’s consent (which consent
may not be withheld unless such modification would materially adversely affect such party or materially increase such party’s
obligations under the Pooling and Servicing Agreement); provided, further that notice of such modification is provided
to all parties to the Pooling and Servicing Agreement; and

 

		(vii)	to amend or supplement any provision of the Pooling and Servicing Agreement to the extent necessary
to maintain the ratings assigned to each Class of Certificates by any of the Rating Agencies, provided that the amendment will
not adversely affect in any material respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided, further
that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or consultation rights
or the right to receive information under the Pooling and Servicing Agreement of the Controlling Class Representative without the
consent of the Controlling Class Representative; (B) reduce the consultation rights or the right to receive information under the
Pooling and Servicing Agreement of the Operating Advisor without the consent of the Operating Advisor; (C) change in any manner
the obligations or rights of any Mortgage Loan Seller under the Pooling and Servicing Agreement or the applicable Mortgage Loan
Purchase Agreement without the consent of the affected Mortgage Loan Seller; (D) change in any manner the obligations or
rights of any Underwriter or Initial Purchaser, without the consent of the affected Underwriter or Initial Purchaser; or (E) adversely
affect any Serviced Companion Loan Holder in its capacity as such without its consent. Expenses incurred with respect to any amendment
shall be borne by the party requesting such amendment, unless the Master Servicer, the Special Servicer or the Trustee is requesting
an amendment for the benefit of the Certificateholders, then in which case such expense will be borne by the Trust.

 

The Pooling and Servicing
Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of the Depositor, the Master
Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee with the consent of the Holders of Certificates representing
not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected by the amendment for the purpose of

 

    A-9-5 

     

    

 

adding
any provisions to or changing in any manner or eliminating any of the provisions of the Pooling and Servicing Agreement or of modifying
in any manner the rights of the Certificateholders and the Uncertificated VRR Interest Owners; provided, however,
that no such amendment shall:

 

		(i)	reduce in any manner the amount of, or delay the timing of, payments received on the Serviced Loans
which are required to be distributed on a Certificate of any Class or the Uncertificated VRR Interest or to any Serviced Companion
Loan Holder, as applicable, without the consent of the Holder of that Certificate, the Uncertificated VRR Interest Owners or that
Serviced Companion Loan Holder, as applicable,

 

		(ii)	reduce the aforesaid percentage of Certificates of any Class or of the Uncertificated VRR Interest
the Holders (or, in the case of the Uncertificated VRR Interest, the owners) of which are required to consent to the amendment
without the consent of the Holders of all Certificates of that Class then outstanding or of the Uncertificated VRR Interest Owners,
as applicable,

 

		(iii)	change in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling and
Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent of the affected Mortgage Loan Seller,

 

		(iv)	change the definition of “Servicing Standard” without either (A) consent of 100% of
the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency Confirmation,

 

		(v)	without the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change (A) the percentages of Voting Rights of Certificateholders
that are required to consent to any action or inaction under the Pooling and Servicing Agreement, (B) the right of the Certificateholders
to remove the Special Servicer pursuant to the Pooling and Servicing Agreement or (C) the right of the Certificateholders to terminate
the Operating Advisor pursuant to the Pooling and Servicing Agreement,

 

		(vi)	adversely affect the Controlling Class Representative without the consent of 100% of the Controlling
Class Certificateholders,

 

		(vii)	adversely affect a Serviced Companion Loan Holder in its capacity as such without its consent,
or

 

		(viii)	change in any manner the obligations or rights of any Underwriter or Initial Purchaser without
the consent of the affected Underwriter or Initial Purchaser.

 

The Holders of the
Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if such Holders do
not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if none of such Holders,
the Special Servicer or the Master Servicer does, any Holders of Class R Certificates representing greater than a 50% Percentage
Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less than 30 days’ prior notice
given to the parties (or, if applicable, the other parties) to the Pooling and Servicing Agreement (whereupon the Master Servicer
shall notify the Serviced Companion Loan Holders) any time on or after the Early Termination Notice Date specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the Mortgage Loans (and in the case of any Mortgage
Loan that is part of a Serviced Loan Combination, subject to certain rights of the related Serviced Companion Loan Holder(s) provided
for in the related Co-Lender Agreement) then included in the Trust Fund, and all property acquired by or on behalf of the Trust
Fund (including the Trust Fund’s interest in any REO Property acquired with respect to any Outside Serviced Mortgage Loan)
in respect of any Mortgage Loan then included in the Trust Fund, at a purchase price, payable in cash, equal to (i) the sum
of (A) the Termination Purchase Amount and (B) the reasonable out-of-pocket expenses of the Master Servicer (unless the
Master Servicer is the purchaser of such Mortgage Loans), the Special Servicer (unless the Special Servicer is the purchaser of
such Mortgage Loans), the Trustee and the Certificate Administrator, as applicable, with respect to such termination, minus (ii) solely
in the

 

    A-9-6 

     

    

 

case where the Master Servicer or the Special Servicer is effecting such purchase, the aggregate amount of unreimbursed
Advances, if any, made by the Master Servicer or Special Servicer, as applicable, together with any interest accrued and payable
to the Master Servicer or the Special Servicer, as applicable, in respect of such Advances and any unpaid Servicing Fees or Special
Servicing Fees, as applicable, remaining outstanding (which items will be deemed to have been paid or reimbursed to the Master
Servicer or the Special Servicer, as applicable, in connection with such purchase).

 

Any Person(s) effecting
an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination by the Holder
of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative and
each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least 30
days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement.

 

The respective obligations
and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor, the Asset Representations
Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement with respect to the Certificates,
the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other than the obligation to make certain
payments and to send certain notices to Certificateholders and the Uncertificated VRR Interest Owners as set forth in the Pooling
and Servicing Agreement and to make any required remittances to the Serviced Companion Loan Holders in the month in which the final
Distribution Date occurs and certain tax-related obligations) shall terminate immediately following the earlier to occur of (i) the
purchase by Holders of the Controlling Class, the Special Servicer, the Master Servicer or Holders of the Class R Certificates
of all the Mortgage Loans and REO Properties (or interests therein) then included in the Trust Fund pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement, (ii) the exchange by the Remaining Certificateholder of its Certificates and the Uncertificated
VRR Interest for all the Mortgage Loans and REO Properties (or interests therein) then included in the Trust Fund pursuant to Section
9.01(h) of the Pooling and Servicing Agreement and (iii) the final payment or other liquidation (or any advance with respect
thereto) of the last Mortgage Loan or REO Property (or interest therein) contained in the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement continue beyond the expiration of twenty-one years
from the death of the last survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the United
Kingdom, living on the date of the Pooling and Servicing Agreement. All such payments as contemplated by the preceding paragraph
shall be deposited into the Collection Account by the Master Servicer or Special Servicer, as applicable, promptly following receipt
thereof.

 

Unless the Certificate
of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing Agreement or
be valid for any purpose.

 

    A-9-7 

     

    

 

IN WITNESS WHEREOF,
the Certificate Administrator has caused this Class B Certificate to be duly executed.

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized Signatory

 

Dated:  ____________, 2022

  

CERTIFICATE
OF AUTHENTICATION

 

This is one of the
Class B Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:  ____________, 2022

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely
as Authenticating Agent

	 	 	 
	 	By:	 
	 	 	Authorized Signatory

  

    A-9-8 

     

    

 

ASSIGNMENT

 

FOR VALUE
RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto ___________________________
_______________________________________ (please print or typewrite name(s) and address(es), including postal zip code(s) of
assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by the within Class B Certificate
and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on the Certificate Register of the Trust
Fund.

 

I (we) further direct
the Certificate Registrar to issue a new Class B Certificate of the entire Percentage Interest represented by the within Class
B Certificates to the above-named Assignee(s) and to deliver such Class B Certificate to the following address:

 

Date:
_______________

 

		 	Signature by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-9-9 

     

    

  

DISTRIBUTION
INSTRUCTIONS

 

The Assignee(s) should
include the following for purposes of distribution:

 

Address
of the Assignee(s) for the purpose of receiving notices and distributions:_____________________________________
__________________________________________________________________________ Distributions, if being made by wire transfer in
immediately available funds to __________________________ for the account of _________________________________________
account number ____________________________. This information is provided by ______________________________, the Assignee(s)
named above or ____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-9-10 

     

    

 

EXHIBIT
A-10

 

BENCHMARK 2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS C

 

[UNLESS THIS CERTIFICATE IS PRESENTED BY
AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE CERTIFICATE REGISTRAR
FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN
SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER
ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE
BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.]1

 

[TRANSFERS OF THIS GLOBAL CERTIFICATE SHALL
BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE,
AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS
SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.]2

 

THIS CERTIFICATE DOES NOT REPRESENT AN
INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY TO THE POOLING AND SERVICING AGREEMENT
REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER (OR ITS REPRESENTATIVE), THE UNDERWRITERS
OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE CERTIFICATES NOR THE MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL
AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

 

PRINCIPAL PAYMENTS IN RESPECT OF THIS CERTIFICATE
ARE DISTRIBUTABLE AS SET FORTH IN THE POOLING AND SERVICING AGREEMENT. ACCORDINGLY, THE OUTSTANDING CERTIFICATE BALANCE OF THIS
CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

 

DISTRIBUTIONS OF PRINCIPAL AND INTEREST
ON THIS CERTIFICATE ARE SUBORDINATED TO DISTRIBUTIONS OF PRINCIPAL AND INTEREST ON OTHER CLASSES OF CERTIFICATES OF THE SAME SERIES.

 

THIS CERTIFICATE REPRESENTS A “REGULAR
INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

 

 

 

1
       Legend required as long as DTC is the Depository under the Pooling and Servicing Agreement.

 

2
       Global Certificate legend.

 

    A-10-1 

     

    

 

BENCHMARK 2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS C

 

	Pass-Through Rate:  The WAC Rate3	 	 
	 	 	 
	First Distribution Date: June 17, 2022	 	Cut-Off Date:  With respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage Loan or Serviced Companion Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its first Due Date subsequent to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage Loan or Serviced Companion Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).
	 	 	 
	Aggregate Initial Certificate Balance of the Class C Certificates:  $53,274,000	 	Scheduled Final Distribution Date: the Distribution Date in May 2032
	 	 	 
	
        CUSIP:  08163R
        BV7

         
	 	Initial Certificate Balance of this Certificate: $[_____]
	
        ISIN: US08163RBV78 
	 	 
	 	 	 
	No.:  [1]	 	 

 

This certifies that
[           ] is the registered owner of a beneficial ownership interest
in a Trust Fund, including the distributions to be made with respect to the Class C Certificates. The Trust Fund, described
more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily properties
held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master Servicer
and the Special Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage Loans) are
to be serviced, pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate, by virtue of
the acceptance hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and is bound thereby.
In the event that there is any conflict between any provision of this Certificate and any provision of the Pooling and Servicing
Agreement, such provision of this Certificate shall be superseded to the extent of such inconsistency. Also issued under the Pooling
and Servicing Agreement are the Class A-1, Class A-2, Class A-3-1, Class A-4-1, Class A-5, Class A-SB,
Class X-A, Class A-S, Class B, Class A-3-2, Class A-4-2, Class X-D, Class X-F, Class X-G, Class X-H, Class
X-J, Class D, Class E, Class F, Class G, Class H, Class J, Class R, Class S and Class VRR Certificates
(together with the Class C Certificates, the “Certificates”; the Holders of Certificates are collectively
referred to herein as “Certificateholders”) and the Uncertificated VRR Interest.

 

This Certificate is
issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022 (the “Pooling
and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association,
as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor and Asset Representations Reviewer,
Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington Trust, National Association, as

 

 

 

3
The initial approximate Pass-Through Rate as of the Closing Date is 4.59391%
per annum.

 

    A-10-2 

     

    

 

Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings assigned thereto in the Pooling
and Servicing Agreement.

 

This Certificate represents
a “regular interest” in a “real estate mortgage investment conduit,” as those terms are defined, respectively,
in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended.

 

The Certificate Administrator
makes no representation or warranty as to any of the statements contained herein or the validity or sufficiency of the Certificates
or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate Administrator under the Pooling
and Servicing Agreement.

 

Pursuant to the terms
of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution on any
Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such date,
a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related Record
Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of that portion of the aggregate amount of principal and interest then distributable, if any, with respect to the Class C
Certificates for such Distribution Date, all as more fully described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to a share of Yield Maintenance Charges, as provided in the Pooling and Servicing Agreement.

 

Interest accrued on
this Certificate during an Interest Accrual Period, plus the aggregate unpaid Interest Shortfall with respect to this Certificate,
if any, will be payable on the related Distribution Date to the extent provided in the Pooling and Servicing Agreement. The “Interest
Accrual Period” with respect to any Distribution Date and with respect to the Class C Certificates is the calendar
month preceding the month in which such Distribution Date occurs and is assumed to consist of 30 days.

 

All distributions
(other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons in whose names
the Certificates are registered at the close of business on each Record Date, which will be the last Business Day of the month
preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer of immediately
available funds to the account of such Certificateholder at a bank or other entity located in the United States and having appropriate
facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with written wiring instructions
no less than five (5) Business Days prior to the related Record Date (which wiring instructions may be in the form of a standing
order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder. The final distribution
on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate at the office of
the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting as such agent) that
is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any funds not distributed
on the Termination Date because of the failure of any Certificateholders to tender their Certificates shall be set aside and held
in trust for the account of the appropriate non-tendering Certificateholders, whereupon the Trust Fund shall terminate. If any
Certificates as to which notice of the Termination Date has been given pursuant to Section 9.01 of the Pooling and Servicing Agreement
shall not have been surrendered for cancellation within six months after the time specified in such notice, the Certificate Administrator
shall mail a second notice to the remaining Certificateholders, at their last addresses shown in the Certificate Register, to surrender
their Certificates for cancellation in order to receive, from such funds held, the final distribution with respect thereto. If
within one year after the second notice any Certificate shall not have been surrendered for cancellation, the Certificate Administrator
may, directly or through an agent, take appropriate steps to contact the remaining Certificateholders concerning surrender of their
Certificates. The costs and expenses of maintaining such funds and of contacting Certificateholders shall be paid out of the assets
which remain held. Subject to applicable state law with respect to escheatment of funds, if within two years after the second notice
any Certificates shall not have been surrendered for cancellation, the Paying Agent shall pay to the Class R Certificateholders
all amounts distributable to the Holders thereof. No interest shall accrue or be payable to any Certificateholder on any amount
held as a result of such Certificateholder’s failure to surrender its Certificate(s) for final payment thereof in accordance
with Section 9.01 of the Pooling and Servicing Agreement.

 

This Certificate is
limited in right of payment to, among other things, certain collections and recoveries in respect of the Mortgage Loans, as more
specifically set forth herein and in the Pooling and Servicing Agreement.

 

    A-10-3 

     

    

 

As provided in the
Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject to the Pooling
and Servicing Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled payments on or collections
in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage Loan, the Due Date
in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off Date); (iii) any REO
Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest
in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but, with respect to any REO Property
relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan Combination); (v) the Master
Servicer’s and the Trustee’s rights under the insurance policies with respect to the Mortgage Loans required to be
maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s rights in any Assignments
of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under any indemnities or guaranties
given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the Certificate Administrator’s
rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited in the Collection Account,
the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the Excess Liquidation Proceeds
Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s rights in any environmental
indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under the Mortgage Loan Purchase Agreements
to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing Agreement; (xi) the Lower-Tier Regular
Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This Certificate does
not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing Agreement for
the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights, duties and
immunities of the Certificate Administrator and Trustee.

 

As provided in the
Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender for registration
of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the name of the designated
transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate interest and of the same
Class.

 

Prior to due presentation
of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating Advisor, the Trustee,
the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person in whose name any
Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided in the Pooling
and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall be affected
by any notice to the contrary.

 

The Pooling and Servicing
Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer, the Special Servicer,
the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator is then acting as Custodian),
the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders, any of the Uncertificated
VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

		(i)	to cure any ambiguity to the extent that it does not adversely affect any holders of Certificates
or any Uncertificated VRR Interest Owner;

 

		(ii)	to correct or supplement any of its provisions which may be inconsistent with any other provisions
of the Pooling and Servicing Agreement or with the description thereof in the Prospectus or to correct any error;

 

		(iii)	to change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation
Proceeds Reserve Account, the Excess Interest Distribution Account, the Distribution Account or any REO Account, provided that
(A) the Master Servicer Remittance Date shall in no event be later than the Business Day prior to the related Distribution
Date and (B) the change would not adversely affect in any material respect the interests of any Certificateholder or any Uncertificated
VRR Interest Owner, as evidenced by an opinion of counsel (at the expense of the party requesting the amendment);

 

    A-10-4 

     

    

 

		(iv)	to modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain the
qualification of any Trust REMIC as a REMIC or the Grantor Trust as a grantor trust or to avoid or minimize the risk of imposition
of any tax on the Trust Fund, provided that the Trustee and the Certificate Administrator have received an opinion of counsel (at
the expense of the party requesting the amendment) to the effect that (1) the action is necessary or desirable to maintain
such qualification or to avoid or minimize such risk and (2) the action will not adversely affect in any material respect the interests
of any holder of the Certificates or any Uncertificated VRR Interest Owner, (B) to restrict (or to remove any existing restrictions
with respect to) the transfer of the Class R Certificates, provided that the Depositor has determined that the amendment will
not give rise to any tax with respect to the transfer of the Class R Certificates to a non-Permitted Transferee, (C) to the
extent necessary to comply with the Investment Company Act of 1940, as amended, the Exchange Act, Regulation AB, Regulation RR
and/or any related regulatory actions and/or interpretations or (D) in the event that Regulation RR (or any portion thereof) or
any other regulations applicable to the risk retention requirements for this securitization transaction are amended or repealed,
to the extent required to comply with any such amendment or to modify or eliminate any risk retention requirements no longer applicable
to this securitization transaction in light of such repeal;

 

		(v)	to make any other provisions with respect to matters or questions arising under the Pooling and
Servicing Agreement or any other change, provided that the amendment will not adversely affect in any material respect the
interests of any Certificateholder or any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(vi)	to modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5; provided
that such modification does not increase the obligations of the Trustee, the Certificate Administrator, the Operating Advisor,
the Asset Representations Reviewer, the Master Servicer or the Special Servicer without such party’s consent (which consent
may not be withheld unless such modification would materially adversely affect such party or materially increase such party’s
obligations under the Pooling and Servicing Agreement); provided, further that notice of such modification is provided
to all parties to the Pooling and Servicing Agreement; and

 

		(vii)	to amend or supplement any provision of the Pooling and Servicing Agreement to the extent necessary
to maintain the ratings assigned to each Class of Certificates by any of the Rating Agencies, provided that the amendment will
not adversely affect in any material respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided, further
that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or consultation rights
or the right to receive information under the Pooling and Servicing Agreement of the Controlling Class Representative without the
consent of the Controlling Class Representative; (B) reduce the consultation rights or the right to receive information under the
Pooling and Servicing Agreement of the Operating Advisor without the consent of the Operating Advisor; (C) change in any manner
the obligations or rights of any Mortgage Loan Seller under the Pooling and Servicing Agreement or the applicable Mortgage Loan
Purchase Agreement without the consent of the affected Mortgage Loan Seller; (D) change in any manner the obligations or
rights of any Underwriter or Initial Purchaser, without the consent of the affected Underwriter or Initial Purchaser; or (E) adversely
affect any Serviced Companion Loan Holder in its capacity as such without its consent. Expenses incurred with respect to any amendment
shall be borne by the party requesting such amendment, unless the Master Servicer, the Special Servicer or the Trustee is requesting
an amendment for the benefit of the Certificateholders, then in which case such expense will be borne by the Trust.

 

The Pooling and Servicing
Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of the Depositor, the Master
Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee with the consent of the Holders of Certificates representing
not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected by the amendment for the purpose of

 

    A-10-5 

     

    

 

adding
any provisions to or changing in any manner or eliminating any of the provisions of the Pooling and Servicing Agreement or of modifying
in any manner the rights of the Certificateholders and the Uncertificated VRR Interest Owners; provided, however,
that no such amendment shall:

 

		(i)	reduce in any manner the amount of, or delay the timing of, payments received on the Serviced Loans
which are required to be distributed on a Certificate of any Class or the Uncertificated VRR Interest or to any Serviced Companion
Loan Holder, as applicable, without the consent of the Holder of that Certificate, the Uncertificated VRR Interest Owners or that
Serviced Companion Loan Holder, as applicable,

 

		(ii)	reduce the aforesaid percentage of Certificates of any Class or of the Uncertificated VRR Interest
the Holders (or, in the case of the Uncertificated VRR Interest, the owners) of which are required to consent to the amendment
without the consent of the Holders of all Certificates of that Class then outstanding or of the Uncertificated VRR Interest Owners,
as applicable,

 

		(iii)	change in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling and
Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent of the affected Mortgage Loan Seller,

 

		(iv)	change the definition of “Servicing Standard” without either (A) consent of 100% of
the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency Confirmation,

 

		(v)	without the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change (A) the percentages of Voting Rights of Certificateholders
that are required to consent to any action or inaction under the Pooling and Servicing Agreement, (B) the right of the Certificateholders
to remove the Special Servicer pursuant to the Pooling and Servicing Agreement or (C) the right of the Certificateholders to terminate
the Operating Advisor pursuant to the Pooling and Servicing Agreement,

 

		(vi)	adversely affect the Controlling Class Representative without the consent of 100% of the Controlling
Class Certificateholders,

 

		(vii)	adversely affect a Serviced Companion Loan Holder in its capacity as such without its consent,
or

 

		(viii)	change in any manner the obligations or rights of any Underwriter or Initial Purchaser without
the consent of the affected Underwriter or Initial Purchaser.

 

The Holders of the
Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if such Holders do
not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if none of such Holders,
the Special Servicer or the Master Servicer does, any Holders of Class R Certificates representing greater than a 50% Percentage
Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less than 30 days’ prior notice
given to the parties (or, if applicable, the other parties) to the Pooling and Servicing Agreement (whereupon the Master Servicer
shall notify the Serviced Companion Loan Holders) any time on or after the Early Termination Notice Date specifying the Anticipated
Termination Date, by purchasing on such date all, but not less than all, of the Mortgage Loans (and in the case of any Mortgage
Loan that is part of a Serviced Loan Combination, subject to certain rights of the related Serviced Companion Loan Holder(s) provided
for in the related Co-Lender Agreement) then included in the Trust Fund, and all property acquired by or on behalf of the Trust
Fund (including the Trust Fund’s interest in any REO Property acquired with respect to any Outside Serviced Mortgage Loan)
in respect of any Mortgage Loan then included in the Trust Fund, at a purchase price, payable in cash, equal to (i) the sum
of (A) the Termination Purchase Amount and (B) the reasonable out-of-pocket expenses of the Master Servicer (unless the
Master Servicer is the purchaser of such Mortgage Loans), the Special Servicer (unless the Special Servicer is the purchaser of
such Mortgage Loans), the Trustee and the Certificate Administrator, as applicable, with respect to such termination, minus (ii) solely
in the

 

    A-10-6 

     

    

 

case where the Master Servicer or the Special Servicer is effecting such purchase, the aggregate amount of unreimbursed
Advances, if any, made by the Master Servicer or Special Servicer, as applicable, together with any interest accrued and payable
to the Master Servicer or the Special Servicer, as applicable, in respect of such Advances and any unpaid Servicing Fees or Special
Servicing Fees, as applicable, remaining outstanding (which items will be deemed to have been paid or reimbursed to the Master
Servicer or the Special Servicer, as applicable, in connection with such purchase).

 

Any Person(s) effecting
an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination by the Holder
of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative and
each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least 30
days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement.

 

The respective obligations
and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor, the Asset Representations
Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement with respect to the Certificates,
the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other than the obligation to make certain
payments and to send certain notices to Certificateholders and the Uncertificated VRR Interest Owners as set forth in the Pooling
and Servicing Agreement and to make any required remittances to the Serviced Companion Loan Holders in the month in which the final
Distribution Date occurs and certain tax-related obligations) shall terminate immediately following the earlier to occur of (i) the
purchase by Holders of the Controlling Class, the Special Servicer, the Master Servicer or Holders of the Class R Certificates
of all the Mortgage Loans and REO Properties (or interests therein) then included in the Trust Fund pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement, (ii) the exchange by the Remaining Certificateholder of its Certificates and the Uncertificated
VRR Interest for all the Mortgage Loans and REO Properties (or interests therein) then included in the Trust Fund pursuant to Section
9.01(h) of the Pooling and Servicing Agreement and (iii) the final payment or other liquidation (or any advance with respect
thereto) of the last Mortgage Loan or REO Property (or interest therein) contained in the Trust Fund; provided, however,
that in no event shall the trust created by the Pooling and Servicing Agreement continue beyond the expiration of twenty-one years
from the death of the last survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the United
Kingdom, living on the date of the Pooling and Servicing Agreement. All such payments as contemplated by the preceding paragraph
shall be deposited into the Collection Account by the Master Servicer or Special Servicer, as applicable, promptly following receipt
thereof.

 

Unless the Certificate
of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the Authenticating
Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing Agreement or
be valid for any purpose.

 

    A-10-7 

     

    

 

IN WITNESS WHEREOF,
the Certificate Administrator has caused this Class C Certificate to be duly executed.

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized Signatory

 

Dated:  ____________, 2022

  

CERTIFICATE
OF AUTHENTICATION

 

This is one of the
Class C Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:  ____________, 2022

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely
as Authenticating Agent

	 	 	 
	 	By:	 
	 	 	Authorized Signatory

  

    A-10-8 

     

    

 

ASSIGNMENT

 

FOR VALUE
RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto ___________________________
_______________________________________ (please print or typewrite name(s) and address(es), including postal zip code(s) of
assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by the within Class C Certificate
and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on the Certificate Register of the Trust
Fund.

 

I (we) further direct
the Certificate Registrar to issue a new Class C Certificate of the entire Percentage Interest represented by the within Class
C Certificates to the above-named Assignee(s) and to deliver such Class C Certificate to the following address:

 

Date:
_______________

 

		 	Signature by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-10-9 

     

    

  

DISTRIBUTION
INSTRUCTIONS

 

The Assignee(s) should
include the following for purposes of distribution:

 

Address
of the Assignee(s) for the purpose of receiving notices and distributions:_____________________________________
__________________________________________________________________________ Distributions, if being made by wire transfer in
immediately available funds to __________________________ for the account of _________________________________________
account number ____________________________. This information is provided by ______________________________, the Assignee(s)
named above or ____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-10-10 

     

    

 

EXHIBIT
A-11

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35,
CLASS A-3-2

 

[THIS
CERTIFICATE IS A TEMPORARY REGULATION S GLOBAL CERTIFICATE FOR PURPOSES OF REGULATION S UNDER THE UNITED STATES SECURITIES ACT
OF 1933, AS AMENDED (THE “SECURITIES ACT”). NEITHER THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE NOR ANY INTEREST
HEREIN MAY BE OFFERED, SOLD OR DELIVERED, EXCEPT AS PERMITTED UNDER THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.

 

NO
BENEFICIAL OWNERS OF THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE SHALL BE ENTITLED TO RECEIVE PAYMENTS OF PRINCIPAL OR INTEREST
HEREON UNLESS THE REQUIRED CERTIFICATIONS HAVE BEEN DELIVERED PURSUANT TO THE TERMS OF THE POOLING AND SERVICING AGREEMENT.]1

 

[UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE CERTIFICATE REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER
USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.]2

 

[TRANSFERS
OF THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF
OR SUCH SUCCESSOR’S NOMINEE, AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS
MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.]3

 

THIS
CERTIFICATE DOES NOT REPRESENT AN INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY
TO THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER
(OR ITS REPRESENTATIVE), THE INITIAL PURCHASERS OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE CERTIFICATES NOR THE MORTGAGE
LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

 

THIS
CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”), OR ANY STATE OR FOREIGN SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT THIS CERTIFICATE
MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY (A)(1) PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE
144A”) TO A PERSON THAT THE HOLDER REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER” WITHIN THE MEANING
OF RULE 144A (A “QIB”), OR IS PURCHASING FOR THE ACCOUNT OF A QIB, AND WHOM THE HOLDER HAS INFORMED THAT THE REOFFER,
RESALE, PLEDGE, OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (2) IN AN “OFFSHORE TRANSACTION” TO AN INSTITUTION
THAT IS NOT A “U.S. PERSON”, AS SUCH TERMS ARE DEFINED IN, AND IN

 

 

 

		1	Temporary
                                         Regulation S Global Certificate legend.

 

		2	Legend
                                         required as long as DTC is the Depository under the Pooling and Servicing Agreement.

 

		3	Global
                                         Certificate legend.

 

    A-11-1

     

    

 

ACCORDANCE
WITH RULE 903 OR RULE 904 OF, REGULATION S UNDER THE SECURITIES ACT, OR (3) TO AN INSTITUTIONAL “ACCREDITED INVESTOR”
WITHIN THE MEANING OF, OR IN WHICH ALL THE EQUITY OWNERS COME WITHIN THE MEANING OF, RULE 501(a)(1), (2), (3) OR (7) OF REGULATION
D UNDER THE SECURITIES ACT THAT IS NOT A QIB, AND (B) IN EACH CASE IN ACCORDANCE WITH FEDERAL SECURITIES LAWS AND ANY APPLICABLE
SECURITIES LAWS OF ANY STATE OF THE UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION.

 

THIS
CERTIFICATE REPRESENTS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS
ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

 

    A-11-2

     

    

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35,
CLASS A-3-2

 

	Pass-Through
    Rate: The WAC Rate minus 0.16000% per annum 4	 
	 	 
	First
    Distribution Date: June 17, 2022	Cut-Off
    Date: With respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage Loan or Serviced
    Companion Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its first Due Date
    subsequent to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage Loan or Serviced
    Companion Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).
	 	 
	Aggregate
    Initial Certificate Balance of the Class A-3-2 Certificates: $34,306,500	Scheduled
    Final Distribution Date: the Distribution Date in January 2029
	 	 

	CUSIP:
                                         08163R AA45

                                         U0745R AA56

                                         08163R AB27

         
	Initial
    Certificate Balance of this Certificate: $[_____]
	ISIN:     US08163RAA418

                                         USU0745RAA509

                                         US08163RAB2410

         

        Common
        Code:

        
	 
	 	 
	No.:
    [1]	 

 

This
certifies that [       ] is the registered owner of a beneficial ownership interest in a Trust Fund,
including the distributions to be made with respect to the Class A-3-2 Certificates. The Trust Fund, described more fully below,
consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily properties held in trust by
the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master Servicer and the Special
Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage Loans) are to be serviced,
pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate, by virtue of the acceptance
hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and is bound thereby. In the event
that there is any conflict

 

 

 

4
The initial approximate Pass-Through Rate as of the Closing Date is 4.43391 % per annum.

 

5
For Rule 144A Certificates

 

6
For Regulation S Certificates

 

7
For IAI Certificates

 

8
For Rule 144A Certificates

 

9
For Regulation S Certificates

 

10
For IAI Certificates

    A-11-3

     

    

 

between
any provision of this Certificate and any provision of the Pooling and Servicing Agreement, such provision of this Certificate
shall be superseded to the extent of such inconsistency. Also issued under the Pooling and Servicing Agreement are the Class A-1,
Class A-2, Class A-3-1, Class A-4-1, Class A-5, Class A-SB, Class X-A, Class A-S, Class B, Class C, Class A-4-2, Class X-D, Class
X-F, Class X-G, Class X-H, Class X-J, Class D, Class E, Class F, Class G, Class H, Class J, Class R, Class S and Class VRR Certificates
(together with the Class A-3-2 Certificates, the “Certificates”; the Holders of Certificates are collectively
referred to herein as “Certificateholders”) and the Uncertificated VRR Interest.

 

This
Certificate is issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022
(the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor,
KeyBank National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor
and Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington
Trust, National Association, as Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

 

This
Certificate represents a “regular interest” in a “real estate mortgage investment conduit,” as those terms
are defined, respectively, in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended.

 

The
Certificate Administrator makes no representation or warranty as to any of the statements contained herein or the validity or
sufficiency of the Certificates or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate
Administrator under the Pooling and Servicing Agreement.

 

Pursuant
to the terms of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution
on any Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such
date, a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related
Record Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of that portion of the aggregate amount of principal and interest then distributable, if any, with respect to the Class A-3-2
Certificates for such Distribution Date, all as more fully described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to a share of Yield Maintenance Charges, as provided in the Pooling and Servicing Agreement.

 

Interest
accrued on this Certificate during an Interest Accrual Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the extent provided in the Pooling and Servicing Agreement.
The “Interest Accrual Period” with respect to any Distribution Date and with respect to the Class A-3-2 Certificates
is the calendar month preceding the month in which such Distribution Date occurs and is assumed to consist of 30 days.

 

All
distributions (other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons
in whose names the Certificates are registered at the close of business on each Record Date, which will be the last Business Day
of the month preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer
of immediately available funds to the account of such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with
written wiring instructions no less than five (5) Business Days prior to the related Record Date (which wiring instructions may
be in the form of a standing order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder.
The final distribution on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate
at the office of the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting
as such agent) that is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any
funds not distributed on the Termination Date because of the failure of any Certificateholders to tender their Certificates shall
be set aside and held in trust for the account of the appropriate non-tendering Certificateholders, whereupon the Trust Fund shall
terminate. If any Certificates as to which notice of the Termination Date has been given pursuant to Section 9.01 of the Pooling
and Servicing Agreement shall not have been surrendered for cancellation within six months after the time specified in such notice,
the Certificate Administrator shall mail a second notice to the remaining Certificateholders, at their last addresses shown in
the

 

    A-11-4

     

    

 

Certificate
Register, to surrender their Certificates for cancellation in order to receive, from such funds held, the final distribution with
respect thereto. If within one year after the second notice any Certificate shall not have been surrendered for cancellation,
the Certificate Administrator may, directly or through an agent, take appropriate steps to contact the remaining Certificateholders
concerning surrender of their Certificates. The costs and expenses of maintaining such funds and of contacting Certificateholders
shall be paid out of the assets which remain held. Subject to applicable state law with respect to escheatment of funds, if within
two years after the second notice any Certificates shall not have been surrendered for cancellation, the Paying Agent shall pay
to the Class R Certificateholders all amounts distributable to the Holders thereof. No interest shall accrue or be payable to
any Certificateholder on any amount held as a result of such Certificateholder’s failure to surrender its Certificate(s)
for final payment thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.

 

This
Certificate is limited in right of payment to, among other things, certain collections and recoveries in respect of the Mortgage
Loans, as more specifically set forth herein and in the Pooling and Servicing Agreement.

 

As
provided in the Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject
to the Pooling and Servicing Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled payments
on or collections in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage
Loan, the Due Date in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off
Date); (iii) any REO Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the
Trust’s interest in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but, with
respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan
Combination); (v) the Master Servicer’s and the Trustee’s rights under the insurance policies with respect to the
Mortgage Loans required to be maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s
rights in any Assignments of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under any
indemnities or guaranties given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the Certificate
Administrator’s rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited in
the Collection Account, the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the
Excess Liquidation Proceeds Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s
rights in any environmental indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under
the Mortgage Loan Purchase Agreements to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing
Agreement; (xi) the Lower-Tier Regular Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This
Certificate does not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights,
duties and immunities of the Certificate Administrator and Trustee.

 

As
provided in the Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender
for registration of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the
name of the designated transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate
interest and of the same Class.

 

Prior
to due presentation of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person
in whose name any Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided
in the Pooling and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer,
the Operating Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall
be affected by any notice to the contrary.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer,
the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders,
any of the Uncertificated VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

    A-11-5

     

    

 

		(i)	to
                                         cure any ambiguity to the extent that it does not adversely affect any holders of Certificates
                                         or any Uncertificated VRR Interest Owner;

 

		(ii)	to
                                         correct or supplement any of its provisions which may be inconsistent with any other
                                         provisions of the Pooling and Servicing Agreement or with the description thereof in
                                         the Prospectus or to correct any error;

 

		(iii)	to
                                         change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation
                                         Proceeds Reserve Account, the Excess Interest Distribution Account, the Distribution
                                         Account or any REO Account, provided that (A) the Master Servicer Remittance Date shall
                                         in no event be later than the Business Day prior to the related Distribution Date and
                                         (B) the change would not adversely affect in any material respect the interests of any
                                         Certificateholder or any Uncertificated VRR Interest Owner, as evidenced by an opinion
                                         of counsel (at the expense of the party requesting the amendment);

 

		(iv)	to
                                         modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain
                                         the qualification of any Trust REMIC as a REMIC or the Grantor Trust as a grantor trust
                                         or to avoid or minimize the risk of imposition of any tax on the Trust Fund, provided
                                         that the Trustee and the Certificate Administrator have received an opinion of counsel
                                         (at the expense of the party requesting the amendment) to the effect that (1) the action
                                         is necessary or desirable to maintain such qualification or to avoid or minimize such
                                         risk and (2) the action will not adversely affect in any material respect the interests
                                         of any holder of the Certificates or any Uncertificated VRR Interest Owner, (B) to restrict
                                         (or to remove any existing restrictions with respect to) the transfer of the Class R
                                         Certificates, provided that the Depositor has determined that the amendment will not
                                         give rise to any tax with respect to the transfer of the Class R Certificates to a non-Permitted
                                         Transferee, (C) to the extent necessary to comply with the Investment Company Act of
                                         1940, as amended, the Exchange Act, Regulation AB, Regulation RR and/or any related regulatory
                                         actions and/or interpretations or (D) in the event that Regulation RR (or any portion
                                         thereof) or any other regulations applicable to the risk retention requirements for this
                                         securitization transaction are amended or repealed, to the extent required to comply
                                         with any such amendment or to modify or eliminate any risk retention requirements no
                                         longer applicable to this securitization transaction in light of such repeal;

 

		(v)	to
                                         make any other provisions with respect to matters or questions arising under the Pooling
                                         and Servicing Agreement or any other change, provided that the amendment will
                                         not adversely affect in any material respect the interests of any Certificateholder or
                                         any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(vi)	to
                                         modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5;
                                         provided that such modification does not increase the obligations of the Trustee,
                                         the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer,
                                         the Master Servicer or the Special Servicer without such party’s consent (which
                                         consent may not be withheld unless such modification would materially adversely affect
                                         such party or materially increase such party’s obligations under the Pooling and
                                         Servicing Agreement); provided, further that notice of such modification
                                         is provided to all parties to the Pooling and Servicing Agreement; and

 

		(vii)	to
                                         amend or supplement any provision of the Pooling and Servicing Agreement to the extent
                                         necessary to maintain the ratings assigned to each Class of Certificates by any of the
                                         Rating Agencies, provided that the amendment will not adversely affect in any material
                                         respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided,
further that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or
consultation rights or the right to receive information under the Pooling and Servicing Agreement of

 

    A-11-6

     

    

 

the
Controlling Class Representative without the consent of the Controlling Class Representative; (B) reduce the consultation rights
or the right to receive information under the Pooling and Servicing Agreement of the Operating Advisor without the consent of
the Operating Advisor; (C) change in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling and Servicing
Agreement or the applicable Mortgage Loan Purchase Agreement without the consent of the affected Mortgage Loan Seller; (D) change
in any manner the obligations or rights of any Underwriter or Initial Purchaser, without the consent of the affected Underwriter
or Initial Purchaser; or (E) adversely affect any Serviced Companion Loan Holder in its capacity as such without its consent.
Expenses incurred with respect to any amendment shall be borne by the party requesting such amendment, unless the Master Servicer,
the Special Servicer or the Trustee is requesting an amendment for the benefit of the Certificateholders, then in which case such
expense will be borne by the Trust.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of
the Depositor, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian
(if the Certificate Administrator is then acting as Custodian), the Certificate Administrator and the Trustee with the consent
of the Holders of Certificates representing not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected
by the amendment for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or of modifying in any manner the rights of the Certificateholders and the Uncertificated
VRR Interest Owners; provided, however, that no such amendment shall:

 

		(i)	reduce
                                         in any manner the amount of, or delay the timing of, payments received on the Serviced
                                         Loans which are required to be distributed on a Certificate of any Class or the Uncertificated
                                         VRR Interest or to any Serviced Companion Loan Holder, as applicable, without the consent
                                         of the Holder of that Certificate, the Uncertificated VRR Interest Owners or that Serviced
                                         Companion Loan Holder, as applicable,

 

		(ii)	reduce
                                         the aforesaid percentage of Certificates of any Class or of the Uncertificated VRR Interest
                                         the Holders (or, in the case of the Uncertificated VRR Interest, the owners) of which
                                         are required to consent to the amendment without the consent of the Holders of all Certificates
                                         of that Class then outstanding or of the Uncertificated VRR Interest Owners, as applicable,

 

		(iii)	change
                                         in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling
                                         and Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent
                                         of the affected Mortgage Loan Seller,

 

		(iv)	change
                                         the definition of “Servicing Standard” without either (A) consent of 100%
                                         of the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency
                                         Confirmation,

 

		(v)	without
                                         the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
                                         or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change
                                         (A) the percentages of Voting Rights of Certificateholders that are required to consent
                                         to any action or inaction under the Pooling and Servicing Agreement, (B) the right of
                                         the Certificateholders to remove the Special Servicer pursuant to the Pooling and Servicing
                                         Agreement or (C) the right of the Certificateholders to terminate the Operating Advisor
                                         pursuant to the Pooling and Servicing Agreement,

 

		(vi)	adversely
                                         affect the Controlling Class Representative without the consent of 100% of the Controlling
                                         Class Certificateholders,

 

		(vii)	adversely
                                         affect a Serviced Companion Loan Holder in its capacity as such without its consent,
                                         or

 

		(viii)	change
                                         in any manner the obligations or rights of any Underwriter or Initial Purchaser without
                                         the consent of the affected Underwriter or Initial Purchaser.

 

    A-11-7

     

    

 

The
Holders of the Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if
such Holders do not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if
none of such Holders, the Special Servicer or the Master Servicer does, any Holders of Class R Certificates representing greater
than a 50% Percentage Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less than 30 days’
prior notice given to the parties (or, if applicable, the other parties) to the Pooling and Servicing Agreement (whereupon the
Master Servicer shall notify the Serviced Companion Loan Holders) any time on or after the Early Termination Notice Date specifying
the Anticipated Termination Date, by purchasing on such date all, but not less than all, of the Mortgage Loans (and in the case
of any Mortgage Loan that is part of a Serviced Loan Combination, subject to certain rights of the related Serviced Companion
Loan Holder(s) provided for in the related Co-Lender Agreement) then included in the Trust Fund, and all property acquired by
or on behalf of the Trust Fund (including the Trust Fund’s interest in any REO Property acquired with respect to any Outside
Serviced Mortgage Loan) in respect of any Mortgage Loan then included in the Trust Fund, at a purchase price, payable in cash,
equal to (i) the sum of (A) the Termination Purchase Amount and (B) the reasonable out-of-pocket expenses of the Master Servicer
(unless the Master Servicer is the purchaser of such Mortgage Loans), the Special Servicer (unless the Special Servicer is the
purchaser of such Mortgage Loans), the Trustee and the Certificate Administrator, as applicable, with respect to such termination,
minus (ii) solely in the case where the Master Servicer or the Special Servicer is effecting such purchase, the aggregate amount
of unreimbursed Advances, if any, made by the Master Servicer or Special Servicer, as applicable, together with any interest accrued
and payable to the Master Servicer or the Special Servicer, as applicable, in respect of such Advances and any unpaid Servicing
Fees or Special Servicing Fees, as applicable, remaining outstanding (which items will be deemed to have been paid or reimbursed
to the Master Servicer or the Special Servicer, as applicable, in connection with such purchase).

 

Any
Person(s) effecting an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling
Class Representative and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination
by the Holder of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least
30 days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section
9.01(c) of the Pooling and Servicing Agreement.

 

The
respective obligations and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor,
the Asset Representations Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement
with respect to the Certificates, the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other
than the obligation to make certain payments and to send certain notices to Certificateholders and the Uncertificated VRR Interest
Owners as set forth in the Pooling and Servicing Agreement and to make any required remittances to the Serviced Companion Loan
Holders in the month in which the final Distribution Date occurs and certain tax-related obligations) shall terminate immediately
following the earlier to occur of (i) the purchase by Holders of the Controlling Class, the Special Servicer, the Master Servicer
or Holders of the Class R Certificates of all the Mortgage Loans and REO Properties (or interests therein) then included in the
Trust Fund pursuant to Section 9.01(c) of the Pooling and Servicing Agreement, (ii) the exchange by the Remaining Certificateholder
of its Certificates and the Uncertificated VRR Interest for all the Mortgage Loans and REO Properties (or interests therein) then
included in the Trust Fund pursuant to Section 9.01(h) of the Pooling and Servicing Agreement and (iii) the final payment or other
liquidation (or any advance with respect thereto) of the last Mortgage Loan or REO Property (or interest therein) contained in
the Trust Fund; provided, however, that in no event shall the trust created by the Pooling and Servicing Agreement
continue beyond the expiration of twenty-one years from the death of the last survivor of the descendants of Joseph P. Kennedy,
the late ambassador of the United States to the United Kingdom, living on the date of the Pooling and Servicing Agreement. All
such payments as contemplated by the preceding paragraph shall be deposited into the Collection Account by the Master Servicer
or Special Servicer, as applicable, promptly following receipt thereof.

 

    A-11-8

     

    

 

Unless
the Certificate of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the
Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing
Agreement or be valid for any purpose.

 

    A-11-9

     

    

 

IN
WITNESS WHEREOF, the Certificate Administrator has caused this Class A-3-2 Certificate to be duly executed.

 

	 	COMPUTERSHARE
    TRUST COMPANY, NATIONAL ASSOCIATION not in
    its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized
    Signatory

 

Dated:
____________, 2022

  

CERTIFICATE
OF AUTHENTICATION

 

This
is one of the Class A-3-2 Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:
____________, 2022

 

	 	COMPUTERSHARE
    TRUST COMPANY, NATIONAL ASSOCIATION not in
    its individual capacity but solely as Authenticating Agent
	 	 	 
	 	By:	 
	 	 	Authorized
    Signatory

 

    A-11-10

     

    

 

 

ASSIGNMENT

 

FOR
VALUE RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto
____________________________________ ______________________________ (please print or typewrite name(s) and address(es),
including postal zip code(s) of assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by
the within Class  A-3-2 Certificate and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on
the Certificate Register of the Trust Fund.

 

I
(we) further direct the Certificate Registrar to issue a new Class A-3-2 Certificate of the entire Percentage Interest represented
by the within Class A-3-2 Certificates to the above-named Assignee(s) and to deliver such Class A-3-2 Certificate to the following
address:

 

Date:
_______________

 

		 	Signature
    by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer
    Identification Number

 

    A-11-11

     

    

 

DISTRIBUTION
INSTRUCTIONS

 

The
Assignee(s) should include the following for purposes of distribution:

 

Address
of the Assignee(s) for the purpose of receiving notices and distributions:_____________________________________
__________________________________________________________________________ Distributions, if being made by wire transfer in
immediately available funds to __________________________ for the account of _________________________________________
account number ____________________________. This information is provided by ______________________________, the Assignee(s)
named above or ____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please
    print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer
    Identification Number

 

    A-11-12

     

    

 

EXHIBIT
A-12

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35,
CLASS A-4-2

 

[THIS
CERTIFICATE IS A TEMPORARY REGULATION S GLOBAL CERTIFICATE FOR PURPOSES OF REGULATION S UNDER THE UNITED STATES SECURITIES ACT
OF 1933, AS AMENDED (THE “SECURITIES ACT”). NEITHER THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE NOR ANY INTEREST
HEREIN MAY BE OFFERED, SOLD OR DELIVERED, EXCEPT AS PERMITTED UNDER THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.

 

NO
BENEFICIAL OWNERS OF THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE SHALL BE ENTITLED TO RECEIVE PAYMENTS OF PRINCIPAL OR INTEREST
HEREON UNLESS THE REQUIRED CERTIFICATIONS HAVE BEEN DELIVERED PURSUANT TO THE TERMS OF THE POOLING AND SERVICING AGREEMENT.]1

 

[UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE CERTIFICATE REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER
USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.]2

 

[TRANSFERS
OF THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF
OR SUCH SUCCESSOR’S NOMINEE, AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS
MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.]3

 

THIS
CERTIFICATE DOES NOT REPRESENT AN INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY
TO THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER
(OR ITS REPRESENTATIVE), THE INITIAL PURCHASERS OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE CERTIFICATES NOR THE MORTGAGE
LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

 

THIS
CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”), OR ANY STATE OR FOREIGN SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT THIS CERTIFICATE
MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY (A)(1) PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE
144A”) TO A PERSON THAT THE HOLDER REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER” WITHIN THE MEANING
OF RULE 144A (A “QIB”), OR IS PURCHASING FOR THE ACCOUNT OF A QIB, AND WHOM THE HOLDER HAS INFORMED THAT THE REOFFER,
RESALE, PLEDGE, OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (2) IN AN “OFFSHORE TRANSACTION” TO AN INSTITUTION
THAT IS NOT A “U.S. PERSON”, AS SUCH TERMS ARE DEFINED IN, AND IN

 

 

 

		1	Temporary
                                         Regulation S Global Certificate legend.

 

		2	Legend
                                         required as long as DTC is the Depository under the Pooling and Servicing Agreement.

 

		3	Global
                                         Certificate legend.

 

    A-12-1

     

    

 

ACCORDANCE
WITH RULE 903 OR RULE 904 OF, REGULATION S UNDER THE SECURITIES ACT, OR (3) TO AN INSTITUTIONAL “ACCREDITED INVESTOR”
WITHIN THE MEANING OF, OR IN WHICH ALL THE EQUITY OWNERS COME WITHIN THE MEANING OF, RULE 501(a)(1), (2), (3) OR (7) OF REGULATION
D UNDER THE SECURITIES ACT THAT IS NOT A QIB, AND (B) IN EACH CASE IN ACCORDANCE WITH FEDERAL SECURITIES LAWS AND ANY APPLICABLE
SECURITIES LAWS OF ANY STATE OF THE UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION.

 

THIS
CERTIFICATE REPRESENTS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS
ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

 

    A-12-2

     

    

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35,
CLASS A-4-2

 

	Pass-Through
    Rate: The WAC Rate minus 0.24500% per annum 4	 
	 	 
	First
    Distribution Date: June 17, 2022	Cut-Off
    Date: With respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage Loan or Serviced
    Companion Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its first Due Date
    subsequent to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage Loan or Serviced
    Companion Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).
	 	 
	Aggregate
    Initial Certificate Balance of the Class A-4-2 Certificates: $125,000,000	Scheduled
    Final Distribution Date: the Distribution Date in March 2032
	 	 

	CUSIP:
                                         08163R AC05

                                         U0745R AB36

                                         08163R AD87

         
	Initial
    Certificate Balance of this Certificate: $[_____]
	ISIN:     US08163RAC078

                                         USU0745RAB349

                                         US08163RAD8910

         

        Common
        Code:

        
	 
	 	 
	No.:
    [1]	 

 

This
certifies that [       ] is the registered owner of a beneficial ownership interest in a Trust Fund,
including the distributions to be made with respect to the Class A-4-2 Certificates. The Trust Fund, described more fully below,
consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily properties held in trust by
the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master Servicer and the Special
Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage Loans) are to be serviced,
pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate, by virtue of the acceptance
hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and is bound thereby. In the event
that there is any conflict

 

 

 

4
The initial approximate Pass-Through Rate as of the Closing Date is 4.34891 % per annum.

 

5
For Rule 144A Certificates

 

6
For Regulation S Certificates

 

7
For IAI Certificates

 

8
For Rule 144A Certificates

 

9
For Regulation S Certificates

 

10
For IAI Certificates

 

    A-12-3

     

    

 

between
any provision of this Certificate and any provision of the Pooling and Servicing Agreement, such provision of this Certificate
shall be superseded to the extent of such inconsistency. Also issued under the Pooling and Servicing Agreement are the Class A-1,
Class A-2, Class A-3-1, Class A-4-1, Class A-5, Class A-SB, Class X-A, Class A-S, Class B, Class C, Class A-3-2, Class X-D, Class
X-F, Class X-G, Class X-H, Class X-J, Class D, Class E, Class F, Class G, Class H, Class J, Class R, Class S and Class VRR Certificates
(together with the Class A-4-2 Certificates, the “Certificates”; the Holders of Certificates are collectively
referred to herein as “Certificateholders”) and the Uncertificated VRR Interest.

 

This
Certificate is issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022
(the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor,
KeyBank National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor
and Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington
Trust, National Association, as Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

 

This
Certificate represents a “regular interest” in a “real estate mortgage investment conduit,” as those terms
are defined, respectively, in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended.

 

The
Certificate Administrator makes no representation or warranty as to any of the statements contained herein or the validity or
sufficiency of the Certificates or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate
Administrator under the Pooling and Servicing Agreement.

 

Pursuant
to the terms of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution
on any Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such
date, a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related
Record Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of that portion of the aggregate amount of principal and interest then distributable, if any, with respect to the Class A-4-2
Certificates for such Distribution Date, all as more fully described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to a share of Yield Maintenance Charges, as provided in the Pooling and Servicing Agreement.

 

Interest
accrued on this Certificate during an Interest Accrual Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the extent provided in the Pooling and Servicing Agreement.
The “Interest Accrual Period” with respect to any Distribution Date and with respect to the Class A-4-2 Certificates
is the calendar month preceding the month in which such Distribution Date occurs and is assumed to consist of 30 days.

 

All
distributions (other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons
in whose names the Certificates are registered at the close of business on each Record Date, which will be the last Business Day
of the month preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer
of immediately available funds to the account of such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with
written wiring instructions no less than five (5) Business Days prior to the related Record Date (which wiring instructions may
be in the form of a standing order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder.
The final distribution on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate
at the office of the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting
as such agent) that is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any
funds not distributed on the Termination Date because of the failure of any Certificateholders to tender their Certificates shall
be set aside and held in trust for the account of the appropriate non-tendering Certificateholders, whereupon the Trust Fund shall
terminate. If any Certificates as to which notice of the Termination Date has been given pursuant to Section 9.01 of the Pooling
and Servicing Agreement shall not have been surrendered for cancellation within six months after the time specified in such notice,
the Certificate Administrator shall mail a second notice to the remaining Certificateholders, at their last addresses shown in
the

 

    A-12-4

     

    

 

Certificate
Register, to surrender their Certificates for cancellation in order to receive, from such funds held, the final distribution with
respect thereto. If within one year after the second notice any Certificate shall not have been surrendered for cancellation,
the Certificate Administrator may, directly or through an agent, take appropriate steps to contact the remaining Certificateholders
concerning surrender of their Certificates. The costs and expenses of maintaining such funds and of contacting Certificateholders
shall be paid out of the assets which remain held. Subject to applicable state law with respect to escheatment of funds, if within
two years after the second notice any Certificates shall not have been surrendered for cancellation, the Paying Agent shall pay
to the Class R Certificateholders all amounts distributable to the Holders thereof. No interest shall accrue or be payable to
any Certificateholder on any amount held as a result of such Certificateholder’s failure to surrender its Certificate(s)
for final payment thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.

 

This
Certificate is limited in right of payment to, among other things, certain collections and recoveries in respect of the Mortgage
Loans, as more specifically set forth herein and in the Pooling and Servicing Agreement.

 

As
provided in the Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject
to the Pooling and Servicing Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled payments
on or collections in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage
Loan, the Due Date in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off
Date); (iii) any REO Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the
Trust’s interest in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but, with
respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan
Combination); (v) the Master Servicer’s and the Trustee’s rights under the insurance policies with respect to the
Mortgage Loans required to be maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s
rights in any Assignments of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under any
indemnities or guaranties given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the Certificate
Administrator’s rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited in
the Collection Account, the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the
Excess Liquidation Proceeds Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s
rights in any environmental indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under
the Mortgage Loan Purchase Agreements to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing
Agreement; (xi) the Lower-Tier Regular Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This
Certificate does not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights,
duties and immunities of the Certificate Administrator and Trustee.

 

As
provided in the Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender
for registration of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the
name of the designated transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate
interest and of the same Class.

 

Prior
to due presentation of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person
in whose name any Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided
in the Pooling and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer,
the Operating Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall
be affected by any notice to the contrary.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer,
the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders,
any of the Uncertificated VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

    A-12-5

     

    

 

		(viii)	to
                                         cure any ambiguity to the extent that it does not adversely affect any holders of Certificates
                                         or any Uncertificated VRR Interest Owner;

 

		(ix)	to
                                         correct or supplement any of its provisions which may be inconsistent with any other
                                         provisions of the Pooling and Servicing Agreement or with the description thereof in
                                         the Prospectus or to correct any error;

 

		(x)	to
                                         change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation
                                         Proceeds Reserve Account, the Excess Interest Distribution Account, the Distribution
                                         Account or any REO Account, provided that (A) the Master Servicer Remittance Date shall
                                         in no event be later than the Business Day prior to the related Distribution Date and
                                         (B) the change would not adversely affect in any material respect the interests of any
                                         Certificateholder or any Uncertificated VRR Interest Owner, as evidenced by an opinion
                                         of counsel (at the expense of the party requesting the amendment);

 

		(xi)	to
                                         modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain
                                         the qualification of any Trust REMIC as a REMIC or the Grantor Trust as a grantor trust
                                         or to avoid or minimize the risk of imposition of any tax on the Trust Fund, provided
                                         that the Trustee and the Certificate Administrator have received an opinion of counsel
                                         (at the expense of the party requesting the amendment) to the effect that (1) the action
                                         is necessary or desirable to maintain such qualification or to avoid or minimize such
                                         risk and (2) the action will not adversely affect in any material respect the interests
                                         of any holder of the Certificates or any Uncertificated VRR Interest Owner, (B) to restrict
                                         (or to remove any existing restrictions with respect to) the transfer of the Class R
                                         Certificates, provided that the Depositor has determined that the amendment will not
                                         give rise to any tax with respect to the transfer of the Class R Certificates to a non-Permitted
                                         Transferee, (C) to the extent necessary to comply with the Investment Company Act of
                                         1940, as amended, the Exchange Act, Regulation AB, Regulation RR and/or any related regulatory
                                         actions and/or interpretations or (D) in the event that Regulation RR (or any portion
                                         thereof) or any other regulations applicable to the risk retention requirements for this
                                         securitization transaction are amended or repealed, to the extent required to comply
                                         with any such amendment or to modify or eliminate any risk retention requirements no
                                         longer applicable to this securitization transaction in light of such repeal;

 

		(xii)	to
                                         make any other provisions with respect to matters or questions arising under the Pooling
                                         and Servicing Agreement or any other change, provided that the amendment will
                                         not adversely affect in any material respect the interests of any Certificateholder or
                                         any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(xiii)	to
                                         modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5;
                                         provided that such modification does not increase the obligations of the Trustee,
                                         the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer,
                                         the Master Servicer or the Special Servicer without such party’s consent (which
                                         consent may not be withheld unless such modification would materially adversely affect
                                         such party or materially increase such party’s obligations under the Pooling and
                                         Servicing Agreement); provided, further that notice of such modification
                                         is provided to all parties to the Pooling and Servicing Agreement; and

 

		(xiv)	to
                                         amend or supplement any provision of the Pooling and Servicing Agreement to the extent
                                         necessary to maintain the ratings assigned to each Class of Certificates by any of the
                                         Rating Agencies, provided that the amendment will not adversely affect in any material
                                         respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided,
further that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or
consultation rights or the right to receive information under the Pooling and Servicing Agreement of

 

    A-12-6

     

    

 

the
Controlling Class Representative without the consent of the Controlling Class Representative; (B) reduce the consultation rights
or the right to receive information under the Pooling and Servicing Agreement of the Operating Advisor without the consent of
the Operating Advisor; (C) change in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling and Servicing
Agreement or the applicable Mortgage Loan Purchase Agreement without the consent of the affected Mortgage Loan Seller; (D) change
in any manner the obligations or rights of any Underwriter or Initial Purchaser, without the consent of the affected Underwriter
or Initial Purchaser; or (E) adversely affect any Serviced Companion Loan Holder in its capacity as such without its consent.
Expenses incurred with respect to any amendment shall be borne by the party requesting such amendment, unless the Master Servicer,
the Special Servicer or the Trustee is requesting an amendment for the benefit of the Certificateholders, then in which case such
expense will be borne by the Trust.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of
the Depositor, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian
(if the Certificate Administrator is then acting as Custodian), the Certificate Administrator and the Trustee with the consent
of the Holders of Certificates representing not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected
by the amendment for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or of modifying in any manner the rights of the Certificateholders and the Uncertificated
VRR Interest Owners; provided, however, that no such amendment shall:

 

		(ix)	reduce
                                         in any manner the amount of, or delay the timing of, payments received on the Serviced
                                         Loans which are required to be distributed on a Certificate of any Class or the Uncertificated
                                         VRR Interest or to any Serviced Companion Loan Holder, as applicable, without the consent
                                         of the Holder of that Certificate, the Uncertificated VRR Interest Owners or that Serviced
                                         Companion Loan Holder, as applicable,

 

		(x)	reduce
                                         the aforesaid percentage of Certificates of any Class or of the Uncertificated VRR Interest
                                         the Holders (or, in the case of the Uncertificated VRR Interest, the owners) of which
                                         are required to consent to the amendment without the consent of the Holders of all Certificates
                                         of that Class then outstanding or of the Uncertificated VRR Interest Owners, as applicable,

 

		(xi)	change
                                         in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling
                                         and Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent
                                         of the affected Mortgage Loan Seller,

 

		(xii)	change
                                         the definition of “Servicing Standard” without either (A) consent of 100%
                                         of the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency
                                         Confirmation,

 

		(xiii)	without
                                         the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
                                         or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change
                                         (A) the percentages of Voting Rights of Certificateholders that are required to consent
                                         to any action or inaction under the Pooling and Servicing Agreement, (B) the right of
                                         the Certificateholders to remove the Special Servicer pursuant to the Pooling and Servicing
                                         Agreement or (C) the right of the Certificateholders to terminate the Operating Advisor
                                         pursuant to the Pooling and Servicing Agreement,

 

		(xiv)	adversely
                                         affect the Controlling Class Representative without the consent of 100% of the Controlling
                                         Class Certificateholders,

 

		(xv)	adversely
                                         affect a Serviced Companion Loan Holder in its capacity as such without its consent,
                                         or

 

		(xvi)	change
                                         in any manner the obligations or rights of any Underwriter or Initial Purchaser without
                                         the consent of the affected Underwriter or Initial Purchaser.

 

    A-12-7

     

    

 

The
Holders of the Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if
such Holders do not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if
none of such Holders, the Special Servicer or the Master Servicer does, any Holders of Class R Certificates representing greater
than a 50% Percentage Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less than 30 days’
prior notice given to the parties (or, if applicable, the other parties) to the Pooling and Servicing Agreement (whereupon the
Master Servicer shall notify the Serviced Companion Loan Holders) any time on or after the Early Termination Notice Date specifying
the Anticipated Termination Date, by purchasing on such date all, but not less than all, of the Mortgage Loans (and in the case
of any Mortgage Loan that is part of a Serviced Loan Combination, subject to certain rights of the related Serviced Companion
Loan Holder(s) provided for in the related Co-Lender Agreement) then included in the Trust Fund, and all property acquired by
or on behalf of the Trust Fund (including the Trust Fund’s interest in any REO Property acquired with respect to any Outside
Serviced Mortgage Loan) in respect of any Mortgage Loan then included in the Trust Fund, at a purchase price, payable in cash,
equal to (i) the sum of (A) the Termination Purchase Amount and (B) the reasonable out-of-pocket expenses of the Master Servicer
(unless the Master Servicer is the purchaser of such Mortgage Loans), the Special Servicer (unless the Special Servicer is the
purchaser of such Mortgage Loans), the Trustee and the Certificate Administrator, as applicable, with respect to such termination,
minus (ii) solely in the case where the Master Servicer or the Special Servicer is effecting such purchase, the aggregate amount
of unreimbursed Advances, if any, made by the Master Servicer or Special Servicer, as applicable, together with any interest accrued
and payable to the Master Servicer or the Special Servicer, as applicable, in respect of such Advances and any unpaid Servicing
Fees or Special Servicing Fees, as applicable, remaining outstanding (which items will be deemed to have been paid or reimbursed
to the Master Servicer or the Special Servicer, as applicable, in connection with such purchase).

 

Any
Person(s) effecting an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling
Class Representative and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination
by the Holder of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least
30 days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section
9.01(c) of the Pooling and Servicing Agreement.

 

The
respective obligations and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor,
the Asset Representations Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement
with respect to the Certificates, the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other
than the obligation to make certain payments and to send certain notices to Certificateholders and the Uncertificated VRR Interest
Owners as set forth in the Pooling and Servicing Agreement and to make any required remittances to the Serviced Companion Loan
Holders in the month in which the final Distribution Date occurs and certain tax-related obligations) shall terminate immediately
following the earlier to occur of (i) the purchase by Holders of the Controlling Class, the Special Servicer, the Master Servicer
or Holders of the Class R Certificates of all the Mortgage Loans and REO Properties (or interests therein) then included in the
Trust Fund pursuant to Section 9.01(c) of the Pooling and Servicing Agreement, (ii) the exchange by the Remaining Certificateholder
of its Certificates and the Uncertificated VRR Interest for all the Mortgage Loans and REO Properties (or interests therein) then
included in the Trust Fund pursuant to Section 9.01(h) of the Pooling and Servicing Agreement and (iii) the final payment or other
liquidation (or any advance with respect thereto) of the last Mortgage Loan or REO Property (or interest therein) contained in
the Trust Fund; provided, however, that in no event shall the trust created by the Pooling and Servicing Agreement
continue beyond the expiration of twenty-one years from the death of the last survivor of the descendants of Joseph P. Kennedy,
the late ambassador of the United States to the United Kingdom, living on the date of the Pooling and Servicing Agreement. All
such payments as contemplated by the preceding paragraph shall be deposited into the Collection Account by the Master Servicer
or Special Servicer, as applicable, promptly following receipt thereof.

 

    A-12-8

     

    

 

Unless
the Certificate of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the
Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing
Agreement or be valid for any purpose.

 

    A-12-9

     

    

 

IN
WITNESS WHEREOF, the Certificate Administrator has caused this Class A-4-2 Certificate to be duly executed. 

 

	 	COMPUTERSHARE
    TRUST COMPANY, NATIONAL ASSOCIATION not in
    its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized
    Signatory

 

Dated:
____________, 2022

  

CERTIFICATE
OF AUTHENTICATION

 

This
is one of the Class A-4-2 Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:
____________, 2022

 

	 	COMPUTERSHARE
    TRUST COMPANY, NATIONAL ASSOCIATION not in
    its individual capacity but solely as Authenticating Agent
	 	 	 
	 	By:	 
	 	 	Authorized
    Signatory

 

    A-12-10

     

    

 

ASSIGNMENT

 

FOR
VALUE RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto
____________________________________ ______________________________ (please print or typewrite name(s) and address(es),
including postal zip code(s) of assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by
the within Class A-4-2 Certificate and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on
the Certificate Register of the Trust Fund.

 

I
(we) further direct the Certificate Registrar to issue a new Class A-4-2 Certificate of the entire Percentage Interest represented
by the within Class A-4-2 Certificates to the above-named Assignee(s) and to deliver such Class A-4-2 Certificate to the following
address:

 

Date:
_______________

 

		 	Signature
    by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer
    Identification Number

 

    A-12-11

     

    

 

DISTRIBUTION
INSTRUCTIONS

 

The
Assignee(s) should include the following for purposes of distribution:

 

Address
of the Assignee(s) for the purpose of receiving notices and distributions:_____________________________________
__________________________________________________________________________ Distributions, if being made by wire transfer in
immediately available funds to __________________________ for the account of _________________________________________
account number ____________________________. This information is provided by ______________________________, the Assignee(s)
named above or ____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please
    print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer
    Identification Number

 

    A-12-12

     

    

 

EXHIBIT
A-13

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35,
CLASS X-D

 

[THIS
CERTIFICATE IS A TEMPORARY REGULATION S GLOBAL CERTIFICATE FOR PURPOSES OF REGULATION S UNDER THE UNITED STATES SECURITIES ACT
OF 1933, AS AMENDED (THE “SECURITIES ACT”). NEITHER THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE NOR ANY INTEREST
HEREIN MAY BE OFFERED, SOLD OR DELIVERED, EXCEPT AS PERMITTED UNDER THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.

 

NO
BENEFICIAL OWNERS OF THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE SHALL BE ENTITLED TO RECEIVE PAYMENTS OF PRINCIPAL OR INTEREST
HEREON UNLESS THE REQUIRED CERTIFICATIONS HAVE BEEN DELIVERED PURSUANT TO THE TERMS OF THE POOLING AND SERVICING AGREEMENT.]1

 

[UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE CERTIFICATE REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER
USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.]2

 

[TRANSFERS
OF THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF
OR SUCH SUCCESSOR’S NOMINEE, AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS
MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.]3

 

THIS
CERTIFICATE DOES NOT REPRESENT AN INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY
TO THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER
(OR ITS REPRESENTATIVE), THE INITIAL PURCHASERS OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE CERTIFICATES NOR THE MORTGAGE
LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

 

THE
NOTIONAL AMOUNT OF THIS CERTIFICATE WILL BE REDUCED IN CONNECTION WITH THE REDUCTION OF THE CERTIFICATE BALANCES OF THE CLASS
D AND CLASS E CERTIFICATES. ACCORDINGLY, THE NOTIONAL AMOUNT OF THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL NOTIONAL
AMOUNT SET FORTH BELOW.

 

THIS
CLASS X-D CERTIFICATE WILL NOT BE ENTITLED TO RECEIVE DISTRIBUTIONS OF PRINCIPAL.

 

THIS
CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”), OR ANY STATE OR FOREIGN 

 

 

 

		1	Temporary
                                         Regulation S Global Certificate legend.

 

		2	Legend
                                         required as long as DTC is the Depository under the Pooling and Servicing Agreement.

 

		3	Global
                                         Certificate legend.

 

    A-13-1

     

    

 

SECURITIES
LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT THIS CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED OR
OTHERWISE TRANSFERRED ONLY (A)(1) PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE 144A”) TO A PERSON THAT
THE HOLDER REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER” WITHIN THE MEANING OF RULE 144A (A
“QIB”), OR IS PURCHASING FOR THE ACCOUNT OF A QIB, AND WHOM THE HOLDER HAS INFORMED THAT THE REOFFER, RESALE,
PLEDGE, OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (2) IN AN “OFFSHORE TRANSACTION” TO AN
INSTITUTION THAT IS NOT A “U.S. PERSON”, AS SUCH TERMS ARE DEFINED IN, AND IN ACCORDANCE WITH RULE 903 OR RULE
904 OF, REGULATION S UNDER THE SECURITIES ACT, OR (3) TO AN INSTITUTIONAL “ACCREDITED INVESTOR” WITHIN THE
MEANING OF, OR IN WHICH ALL THE EQUITY OWNERS COME WITHIN THE MEANING OF, RULE 501(a)(1), (2), (3) OR (7) OF REGULATION D
UNDER THE SECURITIES ACT THAT IS NOT A QIB, AND (B) IN EACH CASE IN ACCORDANCE WITH FEDERAL SECURITIES LAWS AND ANY
APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION.

 

THIS
CERTIFICATE REPRESENTS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS
ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

 

    A-13-2

     

    

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35,
CLASS X-D 

 

	Pass-Through
    Rate: Variable IO4	 
	 	 
	First
    Distribution Date: June 17, 2022	Cut-Off
    Date: With respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage Loan or Serviced
    Companion Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its first Due Date
    subsequent to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage Loan or Serviced
    Companion Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).
	 	 
	Aggregate
    Initial Notional Amount of the Class X-D Certificates: $59,933,000	Scheduled
    Final Distribution Date: the Distribution Date in May 2032
	 	 

	CUSIP:
                                         08163R AG15

                                         U0745R AD96

                                         08163R AH97

         
	Initial
    Notional Amount of this Certificate: $[_____]
	ISIN:     US08163RAG118

                                         USU0745RAD999

                                         US08163RAH9310

         

        Common
        Code:

        
	 
	 	 
	No.:
    [1]	 

 

This
certifies that [        ] is the registered owner of a beneficial ownership interest in a Trust
Fund, including the distributions to be made with respect to the Class X-D Certificates. The Trust Fund, described more fully
below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily properties held in
trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master Servicer and the
Special Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage Loans) are to be
serviced, pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate, by virtue of the
acceptance hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and is bound thereby.
In the event that there is any conflict between any provision of this Certificate and any provision of the Pooling and Servicing
Agreement, such provision of this

 

 

 

4
The initial approximate Pass-Through Rate as of the Closing Date is 2.09391% per annum.

 

5
For Rule 144A Certificates

 

6
For Regulation S Certificates

 

7
For IAI Certificates

 

8
For Rule 144A Certificates

 

9
For Regulation S Certificates

 

10
For IAI Certificates

    A-13-3

     

    

 

Certificate
shall be superseded to the extent of such inconsistency. Also issued under the Pooling and Servicing Agreement are the Class A-1,
Class A-2, Class A-3-1, Class A-4-1, Class A-5, Class A-SB, Class X-A, Class A-S, Class B, Class C, Class A-3-2, Class A-4-2,
Class X-F, Class X-G, Class X-H, Class X-J, Class D, Class E, Class F, Class G, Class H, Class J, Class R, Class S and Class VRR
Certificates (together with the Class X-D Certificates, the “Certificates”; the Holders of Certificates are
collectively referred to herein as “Certificateholders”) and the Uncertificated VRR Interest.

 

This
Certificate is issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022
(the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor,
KeyBank National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor
and Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington
Trust, National Association, as Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

 

This
Certificate represents a “regular interest” in a “real estate mortgage investment conduit,” as those terms
are defined, respectively, in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended.

 

The
Certificate Administrator makes no representation or warranty as to any of the statements contained herein or the validity or
sufficiency of the Certificates or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate
Administrator under the Pooling and Servicing Agreement.

 

Pursuant
to the terms of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution
on any Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such
date, a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related
Record Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of that portion of the aggregate amount of interest then distributable, if any, with respect to the Class X-D Certificates for
such Distribution Date, all as more fully described in the Pooling and Servicing Agreement. Holders of this Certificate may be
entitled to a share of Yield Maintenance Charges, as provided in the Pooling and Servicing Agreement.

 

Interest
accrued on this Certificate during an Interest Accrual Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the extent provided in the Pooling and Servicing Agreement.
The “Interest Accrual Period” with respect to any Distribution Date and with respect to the Class X-D Certificates
is the calendar month preceding the month in which such Distribution Date occurs and is assumed to consist of 30 days.

 

All
distributions (other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons
in whose names the Certificates are registered at the close of business on each Record Date, which will be the last Business Day
of the month preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer
of immediately available funds to the account of such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with
written wiring instructions no less than five (5) Business Days prior to the related Record Date (which wiring instructions may
be in the form of a standing order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder.
The final distribution on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate
at the office of the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting
as such agent) that is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any
funds not distributed on the Termination Date because of the failure of any Certificateholders to tender their Certificates shall
be set aside and held in trust for the account of the appropriate non-tendering Certificateholders, whereupon the Trust Fund shall
terminate. If any Certificates as to which notice of the Termination Date has been given pursuant to Section 9.01 of the Pooling
and Servicing Agreement shall not have been surrendered for cancellation within six months after the time specified in such notice,
the Certificate Administrator shall mail a second notice to the remaining Certificateholders, at their last addresses shown in
the Certificate Register, to surrender their Certificates for cancellation in order to receive, from such funds held, the

 

    A-13-4

     

    

 

final
distribution with respect thereto. If within one year after the second notice any Certificate shall not have been surrendered
for cancellation, the Certificate Administrator may, directly or through an agent, take appropriate steps to contact the remaining
Certificateholders concerning surrender of their Certificates. The costs and expenses of maintaining such funds and of contacting
Certificateholders shall be paid out of the assets which remain held. Subject to applicable state law with respect to escheatment
of funds, if within two years after the second notice any Certificates shall not have been surrendered for cancellation, the Paying
Agent shall pay to the Class R Certificateholders all amounts distributable to the Holders thereof. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such Certificateholder’s failure to surrender its
Certificate(s) for final payment thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.

 

This
Certificate is limited in right of payment to, among other things, certain collections and recoveries in respect of the Mortgage
Loans, as more specifically set forth herein and in the Pooling and Servicing Agreement.

 

As
provided in the Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject
to the Pooling and Servicing Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled payments
on or collections in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage
Loan, the Due Date in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off
Date); (iii) any REO Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the
Trust’s interest in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but, with
respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan
Combination); (v) the Master Servicer’s and the Trustee’s rights under the insurance policies with respect to the
Mortgage Loans required to be maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s
rights in any Assignments of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under any
indemnities or guaranties given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the Certificate
Administrator’s rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited in
the Collection Account, the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the
Excess Liquidation Proceeds Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s
rights in any environmental indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under
the Mortgage Loan Purchase Agreements to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing
Agreement; (xi) the Lower-Tier Regular Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This
Certificate does not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights,
duties and immunities of the Certificate Administrator and Trustee.

 

As
provided in the Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender
for registration of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the
name of the designated transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate
interest and of the same Class.

 

Prior
to due presentation of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person
in whose name any Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided
in the Pooling and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer,
the Operating Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall
be affected by any notice to the contrary.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer,
the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders,
any of the Uncertificated VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

		(i)	to
                                         cure any ambiguity to the extent that it does not adversely affect any holders of Certificates
                                         or any Uncertificated VRR Interest Owner;

 

    A-13-5

     

    

 

		(ii)	to
                                         correct or supplement any of its provisions which may be inconsistent with any other
                                         provisions of the Pooling and Servicing Agreement or with the description thereof in
                                         the Prospectus or to correct any error;

 

		(iii)	to
                                         change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation
                                         Proceeds Reserve Account, the Excess Interest Distribution Account, the Distribution
                                         Account or any REO Account, provided that (A) the Master Servicer Remittance Date shall
                                         in no event be later than the Business Day prior to the related Distribution Date and
                                         (B) the change would not adversely affect in any material respect the interests of any
                                         Certificateholder or any Uncertificated VRR Interest Owner, as evidenced by an opinion
                                         of counsel (at the expense of the party requesting the amendment);

 

		(iv)	to
                                         modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain
                                         the qualification of any Trust REMIC as a REMIC or the Grantor Trust as a grantor trust
                                         or to avoid or minimize the risk of imposition of any tax on the Trust Fund, provided
                                         that the Trustee and the Certificate Administrator have received an opinion of counsel
                                         (at the expense of the party requesting the amendment) to the effect that (1) the action
                                         is necessary or desirable to maintain such qualification or to avoid or minimize such
                                         risk and (2) the action will not adversely affect in any material respect the interests
                                         of any holder of the Certificates or any Uncertificated VRR Interest Owner, (B) to restrict
                                         (or to remove any existing restrictions with respect to) the transfer of the Class R
                                         Certificates, provided that the Depositor has determined that the amendment will not
                                         give rise to any tax with respect to the transfer of the Class R Certificates to a non-Permitted
                                         Transferee, (C) to the extent necessary to comply with the Investment Company Act of
                                         1940, as amended, the Exchange Act, Regulation AB, Regulation RR and/or any related regulatory
                                         actions and/or interpretations or (D) in the event that Regulation RR (or any portion
                                         thereof) or any other regulations applicable to the risk retention requirements for this
                                         securitization transaction are amended or repealed, to the extent required to comply
                                         with any such amendment or to modify or eliminate any risk retention requirements no
                                         longer applicable to this securitization transaction in light of such repeal;

 

		(v)	to
                                         make any other provisions with respect to matters or questions arising under the Pooling
                                         and Servicing Agreement or any other change, provided that the amendment will
                                         not adversely affect in any material respect the interests of any Certificateholder or
                                         any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(vi)	to
                                         modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5;
                                         provided that such modification does not increase the obligations of the Trustee,
                                         the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer,
                                         the Master Servicer or the Special Servicer without such party’s consent (which
                                         consent may not be withheld unless such modification would materially adversely affect
                                         such party or materially increase such party’s obligations under the Pooling and
                                         Servicing Agreement); provided, further that notice of such modification
                                         is provided to all parties to the Pooling and Servicing Agreement; and

 

		(vii)	to
                                         amend or supplement any provision of the Pooling and Servicing Agreement to the extent
                                         necessary to maintain the ratings assigned to each Class of Certificates by any of the
                                         Rating Agencies, provided that the amendment will not adversely affect in any material
                                         respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided,
further that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or
consultation rights or the right to receive information under the Pooling and Servicing Agreement of the Controlling Class Representative
without the consent of the Controlling Class Representative; (B) reduce the consultation rights or the right to receive information
under the Pooling and Servicing Agreement of the Operating Advisor without the consent of the Operating Advisor; (C) change in
any manner the obligations or rights of any

 

    A-13-6

     

    

 

Mortgage
Loan Seller under the Pooling and Servicing Agreement or the applicable Mortgage Loan Purchase Agreement without the consent of
the affected Mortgage Loan Seller; (D) change in any manner the obligations or rights of any Underwriter or Initial Purchaser,
without the consent of the affected Underwriter or Initial Purchaser; or (E) adversely affect any Serviced Companion Loan Holder
in its capacity as such without its consent. Expenses incurred with respect to any amendment shall be borne by the party requesting
such amendment, unless the Master Servicer, the Special Servicer or the Trustee is requesting an amendment for the benefit of
the Certificateholders, then in which case such expense will be borne by the Trust.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of
the Depositor, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian
(if the Certificate Administrator is then acting as Custodian), the Certificate Administrator and the Trustee with the consent
of the Holders of Certificates representing not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected
by the amendment for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or of modifying in any manner the rights of the Certificateholders and the Uncertificated
VRR Interest Owners; provided, however, that no such amendment shall:

 

		(i)	reduce
                                         in any manner the amount of, or delay the timing of, payments received on the Serviced
                                         Loans which are required to be distributed on a Certificate of any Class or the Uncertificated
                                         VRR Interest or to any Serviced Companion Loan Holder, as applicable, without the consent
                                         of the Holder of that Certificate, the Uncertificated VRR Interest Owners or that Serviced
                                         Companion Loan Holder, as applicable,

 

		(ii)	reduce
                                         the aforesaid percentage of Certificates of any Class or of the Uncertificated VRR Interest
                                         the Holders (or, in the case of the Uncertificated VRR Interest, the owners) of which
                                         are required to consent to the amendment without the consent of the Holders of all Certificates
                                         of that Class then outstanding or of the Uncertificated VRR Interest Owners, as applicable,

 

		(iii)	change
                                         in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling
                                         and Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent
                                         of the affected Mortgage Loan Seller,

 

		(iv)	change
                                         the definition of “Servicing Standard” without either (A) consent of 100%
                                         of the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency
                                         Confirmation,

 

		(v)	without
                                         the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
                                         or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change
                                         (A) the percentages of Voting Rights of Certificateholders that are required to consent
                                         to any action or inaction under the Pooling and Servicing Agreement, (B) the right of
                                         the Certificateholders to remove the Special Servicer pursuant to the Pooling and Servicing
                                         Agreement or (C) the right of the Certificateholders to terminate the Operating Advisor
                                         pursuant to the Pooling and Servicing Agreement,

 

		(vi)	adversely
                                         affect the Controlling Class Representative without the consent of 100% of the Controlling
                                         Class Certificateholders,

 

		(vii)	adversely
                                         affect a Serviced Companion Loan Holder in its capacity as such without its consent,
                                         or

 

		(viii)	change
                                         in any manner the obligations or rights of any Underwriter or Initial Purchaser without
                                         the consent of the affected Underwriter or Initial Purchaser.

 

The
Holders of the Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if
such Holders do not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if
none of such Holders, the Special Servicer or the Master Servicer does, any Holders of

 

    A-13-7

     

    

 

Class
R Certificates representing greater than a 50% Percentage Interest in such Class, may also) effect an early termination of the
Trust Fund, upon not less than 30 days’ prior notice given to the parties (or, if applicable, the other parties) to the
Pooling and Servicing Agreement (whereupon the Master Servicer shall notify the Serviced Companion Loan Holders) any time on or
after the Early Termination Notice Date specifying the Anticipated Termination Date, by purchasing on such date all, but not less
than all, of the Mortgage Loans (and in the case of any Mortgage Loan that is part of a Serviced Loan Combination, subject to
certain rights of the related Serviced Companion Loan Holder(s) provided for in the related Co-Lender Agreement) then included
in the Trust Fund, and all property acquired by or on behalf of the Trust Fund (including the Trust Fund’s interest in any
REO Property acquired with respect to any Outside Serviced Mortgage Loan) in respect of any Mortgage Loan then included in the
Trust Fund, at a purchase price, payable in cash, equal to (i) the sum of (A) the Termination Purchase Amount and (B) the reasonable
out-of-pocket expenses of the Master Servicer (unless the Master Servicer is the purchaser of such Mortgage Loans), the Special
Servicer (unless the Special Servicer is the purchaser of such Mortgage Loans), the Trustee and the Certificate Administrator,
as applicable, with respect to such termination, minus (ii) solely in the case where the Master Servicer or the Special Servicer
is effecting such purchase, the aggregate amount of unreimbursed Advances, if any, made by the Master Servicer or Special Servicer,
as applicable, together with any interest accrued and payable to the Master Servicer or the Special Servicer, as applicable, in
respect of such Advances and any unpaid Servicing Fees or Special Servicing Fees, as applicable, remaining outstanding (which
items will be deemed to have been paid or reimbursed to the Master Servicer or the Special Servicer, as applicable, in connection
with such purchase).

 

Any
Person(s) effecting an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling
Class Representative and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination
by the Holder of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least
30 days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section
9.01(c) of the Pooling and Servicing Agreement.

 

The
respective obligations and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor,
the Asset Representations Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement
with respect to the Certificates, the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other
than the obligation to make certain payments and to send certain notices to Certificateholders and the Uncertificated VRR Interest
Owners as set forth in the Pooling and Servicing Agreement and to make any required remittances to the Serviced Companion Loan
Holders in the month in which the final Distribution Date occurs and certain tax-related obligations) shall terminate immediately
following the earlier to occur of (i) the purchase by Holders of the Controlling Class, the Special Servicer, the Master Servicer
or Holders of the Class R Certificates of all the Mortgage Loans and REO Properties (or interests therein) then included in the
Trust Fund pursuant to Section 9.01(c) of the Pooling and Servicing Agreement, (ii) the exchange by the Remaining Certificateholder
of its Certificates and the Uncertificated VRR Interest for all the Mortgage Loans and REO Properties (or interests therein) then
included in the Trust Fund pursuant to Section 9.01(h) of the Pooling and Servicing Agreement and (iii) the final payment or other
liquidation (or any advance with respect thereto) of the last Mortgage Loan or REO Property (or interest therein) contained in
the Trust Fund; provided, however, that in no event shall the trust created by the Pooling and Servicing Agreement
continue beyond the expiration of twenty-one years from the death of the last survivor of the descendants of Joseph P. Kennedy,
the late ambassador of the United States to the United Kingdom, living on the date of the Pooling and Servicing Agreement. All
such payments as contemplated by the preceding paragraph shall be deposited into the Collection Account by the Master Servicer
or Special Servicer, as applicable, promptly following receipt thereof.

 

Unless
the Certificate of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the
Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing
Agreement or be valid for any purpose.

 

    A-13-8

     

    

 

IN
WITNESS WHEREOF, the Certificate Administrator has caused this Class X-D Certificate to be duly executed.

 

	 	COMPUTERSHARE
    TRUST COMPANY, NATIONAL ASSOCIATION not in
    its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized
    Signatory

 

Dated:
____________, 2022

  

CERTIFICATE
OF AUTHENTICATION

 

This
is one of the Class X-D Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:
____________, 2022

 

	 	COMPUTERSHARE
    TRUST COMPANY, NATIONAL ASSOCIATION not in
    its individual capacity but solely as Authenticating Agent
	 	 	 
	 	By:	 
	 	 	Authorized
    Signatory

 

    A-13-9

     

    

 

ASSIGNMENT

 

FOR
VALUE RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto
____________________________________ ______________________________ (please print or typewrite name(s) and address(es),
including postal zip code(s) of assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by
the within Class  X-D Certificate and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on the
Certificate Register of the Trust Fund.

 

I
(we) further direct the Certificate Registrar to issue a new Class X-D Certificate of the entire Percentage Interest represented
by the within Class X-D Certificates to the above-named Assignee(s) and to deliver such Class X-D Certificate to the following
address:

 

Date:
_______________

 

		 	Signature
    by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer
    Identification Number

 

    A-13-10

     

    

 

DISTRIBUTION
INSTRUCTIONS

 

The
Assignee(s) should include the following for purposes of distribution:

 

Address
of the Assignee(s) for the purpose of receiving notices and distributions:_____________________________________
__________________________________________________________________________ Distributions, if being made by wire transfer in
immediately available funds to __________________________ for the account of _________________________________________
account number ____________________________. This information is provided by ______________________________, the Assignee(s)
named above or ____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please
    print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer
    Identification Number

 

    A-13-11

     

    

 

EXHIBIT
A-14

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35,
CLASS X-F

 

[THIS
CERTIFICATE IS A TEMPORARY REGULATION S GLOBAL CERTIFICATE FOR PURPOSES OF REGULATION S UNDER THE UNITED STATES SECURITIES ACT
OF 1933, AS AMENDED (THE “SECURITIES ACT”). NEITHER THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE NOR ANY INTEREST
HEREIN MAY BE OFFERED, SOLD OR DELIVERED, EXCEPT AS PERMITTED UNDER THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.

 

NO
BENEFICIAL OWNERS OF THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE SHALL BE ENTITLED TO RECEIVE PAYMENTS OF PRINCIPAL OR INTEREST
HEREON UNLESS THE REQUIRED CERTIFICATIONS HAVE BEEN DELIVERED PURSUANT TO THE TERMS OF THE POOLING AND SERVICING AGREEMENT.]1

 

[UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE CERTIFICATE REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER
USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.]2

 

[TRANSFERS
OF THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF
OR SUCH SUCCESSOR’S NOMINEE, AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS
MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.]3

 

THIS
CERTIFICATE DOES NOT REPRESENT AN INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY
TO THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER
(OR ITS REPRESENTATIVE), THE INITIAL PURCHASERS OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE CERTIFICATES NOR THE MORTGAGE
LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

 

THE
NOTIONAL AMOUNT OF THIS CERTIFICATE WILL BE REDUCED IN CONNECTION WITH THE REDUCTION OF THE CERTIFICATE BALANCE OF THE CLASS F
CERTIFICATES. ACCORDINGLY, THE NOTIONAL AMOUNT OF THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL NOTIONAL AMOUNT SET
FORTH BELOW.

 

THIS
CLASS X-F CERTIFICATE WILL NOT BE ENTITLED TO RECEIVE DISTRIBUTIONS OF PRINCIPAL.

 

THIS
CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”), OR ANY STATE OR FOREIGN

 

 

 

		1	Temporary
                                         Regulation S Global Certificate legend.

 

		2	Legend
                                         required as long as DTC is the Depository under the Pooling and Servicing Agreement.

 

		3	Global
                                         Certificate legend.

    A-14-1

     

    

 

SECURITIES
LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT THIS CERTIFICATE MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE
TRANSFERRED ONLY (A)(1) PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE 144A”) TO A PERSON THAT THE HOLDER REASONABLY
BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER” WITHIN THE MEANING OF RULE 144A (A “QIB”), OR IS PURCHASING
FOR THE ACCOUNT OF A QIB, AND WHOM THE HOLDER HAS INFORMED THAT THE REOFFER, RESALE, PLEDGE, OR OTHER TRANSFER IS BEING MADE IN
RELIANCE ON RULE 144A, (2) IN AN “OFFSHORE TRANSACTION” TO AN INSTITUTION THAT IS NOT A “U.S. PERSON”,
AS SUCH TERMS ARE DEFINED IN, AND IN ACCORDANCE WITH RULE 903 OR RULE 904 OF, REGULATION S UNDER THE SECURITIES ACT, OR (3) TO
AN INSTITUTIONAL “ACCREDITED INVESTOR” WITHIN THE MEANING OF, OR IN WHICH ALL THE EQUITY OWNERS COME WITHIN THE MEANING
OF, RULE 501(a)(1), (2), (3) OR (7) OF REGULATION D UNDER THE SECURITIES ACT THAT IS NOT A QIB, AND (B) IN EACH CASE IN ACCORDANCE
WITH FEDERAL SECURITIES LAWS AND ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION.

 

THIS
CERTIFICATE REPRESENTS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS
ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

 

    A-14-2

     

    

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35,
CLASS X-F 

 

	Pass-Through
    Rate: 1.00000% per annum	 
	 	 
	First
    Distribution Date: June 17, 2022	Cut-Off
    Date: With respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage Loan or Serviced
    Companion Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its first Due Date
    subsequent to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage Loan or Serviced
    Companion Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).
	 	 
	Aggregate
    Initial Notional Amount of the Class X-F Certificates: $15,982,000	Scheduled
    Final Distribution Date: the Distribution Date in May 2032
	 	 

	CUSIP:
                                         08163R AJ54

                                         U0745R AE75

                                         08163R AK26

         
	Initial
    Notional Amount of this Certificate: $[_____]
	ISIN:     US08163RAJ597

                                         USU0745RAE728

                                         US08163RAK239

         
	 
	Common
                                         Code:

        
	 
	 	 
	No.:
    [1]	 

 

This
certifies that [         ] is the registered owner of a beneficial ownership interest
in a Trust Fund, including the distributions to be made with respect to the Class X-F Certificates. The Trust Fund, described
more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily properties
held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master Servicer
and the Special Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage Loans)
are to be serviced, pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate, by virtue
of the acceptance hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and is bound
thereby. In the event that there is any conflict between any provision of this Certificate and any provision of the Pooling and
Servicing Agreement, such provision of this Certificate shall be superseded to the extent of such inconsistency. Also issued under
the Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3-1, Class A-4-1, Class A-5, Class A-SB, Class X-A,
Class A-S, Class B, Class C, Class A-3-2, Class A-4-2, Class X-D, Class X-G, Class X-H, Class X-J, Class D, Class E, Class F,

 

 

 

4
For Rule 144A Certificates

 

5
For Regulation S Certificates

 

6
For IAI Certificates

 

7
For Rule 144A Certificates

 

8
For Regulation S Certificates

 

9
For IAI Certificates

    A-14-3

     

    

 

Class
G, Class H, Class J, Class R, Class S and Class VRR Certificates (together with the Class X-F Certificates, the “Certificates”;
the Holders of Certificates are collectively referred to herein as “Certificateholders”) and the Uncertificated
VRR Interest.

 

This
Certificate is issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022
(the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor,
KeyBank National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor
and Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington
Trust, National Association, as Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

 

This
Certificate represents a “regular interest” in a “real estate mortgage investment conduit,” as those terms
are defined, respectively, in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended.

 

The
Certificate Administrator makes no representation or warranty as to any of the statements contained herein or the validity or
sufficiency of the Certificates or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate
Administrator under the Pooling and Servicing Agreement.

 

Pursuant
to the terms of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution
on any Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such
date, a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related
Record Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of that portion of the aggregate amount of interest then distributable, if any, with respect to the Class X-F Certificates for
such Distribution Date, all as more fully described in the Pooling and Servicing Agreement.

 

Interest
accrued on this Certificate during an Interest Accrual Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the extent provided in the Pooling and Servicing Agreement.
The “Interest Accrual Period” with respect to any Distribution Date and with respect to the Class X-F Certificates
is the calendar month preceding the month in which such Distribution Date occurs and is assumed to consist of 30 days.

 

All
distributions (other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons
in whose names the Certificates are registered at the close of business on each Record Date, which will be the last Business Day
of the month preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer
of immediately available funds to the account of such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with
written wiring instructions no less than five (5) Business Days prior to the related Record Date (which wiring instructions may
be in the form of a standing order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder.
The final distribution on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate
at the office of the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting
as such agent) that is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any
funds not distributed on the Termination Date because of the failure of any Certificateholders to tender their Certificates shall
be set aside and held in trust for the account of the appropriate non-tendering Certificateholders, whereupon the Trust Fund shall
terminate. If any Certificates as to which notice of the Termination Date has been given pursuant to Section 9.01 of the Pooling
and Servicing Agreement shall not have been surrendered for cancellation within six months after the time specified in such notice,
the Certificate Administrator shall mail a second notice to the remaining Certificateholders, at their last addresses shown in
the Certificate Register, to surrender their Certificates for cancellation in order to receive, from such funds held, the final
distribution with respect thereto. If within one year after the second notice any Certificate shall not have been surrendered
for cancellation, the Certificate Administrator may, directly or through an agent, take appropriate steps to contact the remaining
Certificateholders concerning surrender of their Certificates. The costs and expenses of maintaining such funds and of contacting
Certificateholders shall be paid out of the assets which remain held.

 

    A-14-4

     

    

 

Subject
to applicable state law with respect to escheatment of funds, if within two years after the second notice any Certificates shall
not have been surrendered for cancellation, the Paying Agent shall pay to the Class R Certificateholders all amounts distributable
to the Holders thereof. No interest shall accrue or be payable to any Certificateholder on any amount held as a result of such
Certificateholder’s failure to surrender its Certificate(s) for final payment thereof in accordance with Section 9.01 of
the Pooling and Servicing Agreement.

 

This
Certificate is limited in right of payment to, among other things, certain collections and recoveries in respect of the Mortgage
Loans, as more specifically set forth herein and in the Pooling and Servicing Agreement.

 

As
provided in the Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject
to the Pooling and Servicing Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled payments
on or collections in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage
Loan, the Due Date in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off
Date); (iii) any REO Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the
Trust’s interest in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but, with
respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan
Combination); (v) the Master Servicer’s and the Trustee’s rights under the insurance policies with respect to the
Mortgage Loans required to be maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s
rights in any Assignments of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under any
indemnities or guaranties given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the Certificate
Administrator’s rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited in
the Collection Account, the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the
Excess Liquidation Proceeds Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s
rights in any environmental indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under
the Mortgage Loan Purchase Agreements to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing
Agreement; (xi) the Lower-Tier Regular Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This
Certificate does not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights,
duties and immunities of the Certificate Administrator and Trustee.

 

As
provided in the Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender
for registration of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the
name of the designated transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate
interest and of the same Class.

 

Prior
to due presentation of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person
in whose name any Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided
in the Pooling and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer,
the Operating Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall
be affected by any notice to the contrary.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer,
the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders,
any of the Uncertificated VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

		(i)	to
                                         cure any ambiguity to the extent that it does not adversely affect any holders of Certificates
                                         or any Uncertificated VRR Interest Owner;

 

		(ii)	to
                                         correct or supplement any of its provisions which may be inconsistent with any other
                                         provisions of the Pooling and Servicing Agreement or with the description thereof in
                                         the Prospectus or to correct any error;

 

    A-14-5

     

    

 

		(iii)	to
                                         change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation
                                         Proceeds Reserve Account, the Excess Interest Distribution Account, the Distribution
                                         Account or any REO Account, provided that (A) the Master Servicer Remittance Date shall
                                         in no event be later than the Business Day prior to the related Distribution Date and
                                         (B) the change would not adversely affect in any material respect the interests of any
                                         Certificateholder or any Uncertificated VRR Interest Owner, as evidenced by an opinion
                                         of counsel (at the expense of the party requesting the amendment);

 

		(iv)	to
                                         modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain
                                         the qualification of any Trust REMIC as a REMIC or the Grantor Trust as a grantor trust
                                         or to avoid or minimize the risk of imposition of any tax on the Trust Fund, provided
                                         that the Trustee and the Certificate Administrator have received an opinion of counsel
                                         (at the expense of the party requesting the amendment) to the effect that (1) the action
                                         is necessary or desirable to maintain such qualification or to avoid or minimize such
                                         risk and (2) the action will not adversely affect in any material respect the interests
                                         of any holder of the Certificates or any Uncertificated VRR Interest Owner, (B) to restrict
                                         (or to remove any existing restrictions with respect to) the transfer of the Class R
                                         Certificates, provided that the Depositor has determined that the amendment will not
                                         give rise to any tax with respect to the transfer of the Class R Certificates to a non-Permitted
                                         Transferee, (C) to the extent necessary to comply with the Investment Company Act of
                                         1940, as amended, the Exchange Act, Regulation AB, Regulation RR and/or any related regulatory
                                         actions and/or interpretations or (D) in the event that Regulation RR (or any portion
                                         thereof) or any other regulations applicable to the risk retention requirements for this
                                         securitization transaction are amended or repealed, to the extent required to comply
                                         with any such amendment or to modify or eliminate any risk retention requirements no
                                         longer applicable to this securitization transaction in light of such repeal;

 

		(v)	to
                                         make any other provisions with respect to matters or questions arising under the Pooling
                                         and Servicing Agreement or any other change, provided that the amendment will
                                         not adversely affect in any material respect the interests of any Certificateholder or
                                         any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(vi)	to
                                         modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5;
                                         provided that such modification does not increase the obligations of the Trustee,
                                         the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer,
                                         the Master Servicer or the Special Servicer without such party’s consent (which
                                         consent may not be withheld unless such modification would materially adversely affect
                                         such party or materially increase such party’s obligations under the Pooling and
                                         Servicing Agreement); provided, further that notice of such modification
                                         is provided to all parties to the Pooling and Servicing Agreement; and

 

		(vii)	to
                                         amend or supplement any provision of the Pooling and Servicing Agreement to the extent
                                         necessary to maintain the ratings assigned to each Class of Certificates by any of the
                                         Rating Agencies, provided that the amendment will not adversely affect in any material
                                         respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided,
further that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or
consultation rights or the right to receive information under the Pooling and Servicing Agreement of the Controlling Class Representative
without the consent of the Controlling Class Representative; (B) reduce the consultation rights or the right to receive information
under the Pooling and Servicing Agreement of the Operating Advisor without the consent of the Operating Advisor; (C) change in
any manner the obligations or rights of any Mortgage Loan Seller under the Pooling and Servicing Agreement or the applicable Mortgage
Loan Purchase Agreement without the consent of the affected Mortgage Loan Seller; (D) change in any manner the obligations or
rights of any Underwriter or Initial Purchaser, without the consent of the affected Underwriter or Initial Purchaser; or (E) adversely
affect any Serviced Companion Loan Holder in its capacity as such without its consent. Expenses

 

    A-14-6

     

    

 

incurred
with respect to any amendment shall be borne by the party requesting such amendment, unless the Master Servicer, the Special Servicer
or the Trustee is requesting an amendment for the benefit of the Certificateholders, then in which case such expense will be borne
by the Trust.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of
the Depositor, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian
(if the Certificate Administrator is then acting as Custodian), the Certificate Administrator and the Trustee with the consent
of the Holders of Certificates representing not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected
by the amendment for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or of modifying in any manner the rights of the Certificateholders and the Uncertificated
VRR Interest Owners; provided, however, that no such amendment shall:

 

		(i)	reduce
                                         in any manner the amount of, or delay the timing of, payments received on the Serviced
                                         Loans which are required to be distributed on a Certificate of any Class or the Uncertificated
                                         VRR Interest or to any Serviced Companion Loan Holder, as applicable, without the consent
                                         of the Holder of that Certificate, the Uncertificated VRR Interest Owners or that Serviced
                                         Companion Loan Holder, as applicable,

 

		(ii)	reduce
                                         the aforesaid percentage of Certificates of any Class or of the Uncertificated VRR Interest
                                         the Holders (or, in the case of the Uncertificated VRR Interest, the owners) of which
                                         are required to consent to the amendment without the consent of the Holders of all Certificates
                                         of that Class then outstanding or of the Uncertificated VRR Interest Owners, as applicable,

 

		(iii)	change
                                         in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling
                                         and Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent
                                         of the affected Mortgage Loan Seller,

 

		(iv)	change
                                         the definition of “Servicing Standard” without either (A) consent of 100%
                                         of the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency
                                         Confirmation,

 

		(v)	without
                                         the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
                                         or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change
                                         (A) the percentages of Voting Rights of Certificateholders that are required to consent
                                         to any action or inaction under the Pooling and Servicing Agreement, (B) the right of
                                         the Certificateholders to remove the Special Servicer pursuant to the Pooling and Servicing
                                         Agreement or (C) the right of the Certificateholders to terminate the Operating Advisor
                                         pursuant to the Pooling and Servicing Agreement,

 

		(vi)	adversely
                                         affect the Controlling Class Representative without the consent of 100% of the Controlling
                                         Class Certificateholders,

 

		(vii)	adversely
                                         affect a Serviced Companion Loan Holder in its capacity as such without its consent,
                                         or

 

		(viii)	change
                                         in any manner the obligations or rights of any Underwriter or Initial Purchaser without
                                         the consent of the affected Underwriter or Initial Purchaser.

 

The
Holders of the Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if
such Holders do not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if
none of such Holders, the Special Servicer or the Master Servicer does, any Holders of Class R Certificates representing greater
than a 50% Percentage Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less than 30 days’
prior notice given to the parties (or, if applicable, the other parties) to the Pooling and Servicing Agreement (whereupon the
Master Servicer shall notify the Serviced Companion Loan Holders) any time on or after the Early Termination Notice Date specifying
the Anticipated

 

    A-14-7

     

    

 

Termination
Date, by purchasing on such date all, but not less than all, of the Mortgage Loans (and in the case of any Mortgage Loan that
is part of a Serviced Loan Combination, subject to certain rights of the related Serviced Companion Loan Holder(s) provided for
in the related Co-Lender Agreement) then included in the Trust Fund, and all property acquired by or on behalf of the Trust Fund
(including the Trust Fund’s interest in any REO Property acquired with respect to any Outside Serviced Mortgage Loan) in
respect of any Mortgage Loan then included in the Trust Fund, at a purchase price, payable in cash, equal to (i) the sum of (A)
the Termination Purchase Amount and (B) the reasonable out-of-pocket expenses of the Master Servicer (unless the Master Servicer
is the purchaser of such Mortgage Loans), the Special Servicer (unless the Special Servicer is the purchaser of such Mortgage
Loans), the Trustee and the Certificate Administrator, as applicable, with respect to such termination, minus (ii) solely in the
case where the Master Servicer or the Special Servicer is effecting such purchase, the aggregate amount of unreimbursed Advances,
if any, made by the Master Servicer or Special Servicer, as applicable, together with any interest accrued and payable to the
Master Servicer or the Special Servicer, as applicable, in respect of such Advances and any unpaid Servicing Fees or Special Servicing
Fees, as applicable, remaining outstanding (which items will be deemed to have been paid or reimbursed to the Master Servicer
or the Special Servicer, as applicable, in connection with such purchase).

 

Any
Person(s) effecting an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling
Class Representative and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination
by the Holder of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least
30 days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section
9.01(c) of the Pooling and Servicing Agreement.

 

The
respective obligations and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor,
the Asset Representations Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement
with respect to the Certificates, the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other
than the obligation to make certain payments and to send certain notices to Certificateholders and the Uncertificated VRR Interest
Owners as set forth in the Pooling and Servicing Agreement and to make any required remittances to the Serviced Companion Loan
Holders in the month in which the final Distribution Date occurs and certain tax-related obligations) shall terminate immediately
following the earlier to occur of (i) the purchase by Holders of the Controlling Class, the Special Servicer, the Master Servicer
or Holders of the Class R Certificates of all the Mortgage Loans and REO Properties (or interests therein) then included in the
Trust Fund pursuant to Section 9.01(c) of the Pooling and Servicing Agreement, (ii) the exchange by the Remaining Certificateholder
of its Certificates and the Uncertificated VRR Interest for all the Mortgage Loans and REO Properties (or interests therein) then
included in the Trust Fund pursuant to Section 9.01(h) of the Pooling and Servicing Agreement and (iii) the final payment or other
liquidation (or any advance with respect thereto) of the last Mortgage Loan or REO Property (or interest therein) contained in
the Trust Fund; provided, however, that in no event shall the trust created by the Pooling and Servicing Agreement
continue beyond the expiration of twenty-one years from the death of the last survivor of the descendants of Joseph P. Kennedy,
the late ambassador of the United States to the United Kingdom, living on the date of the Pooling and Servicing Agreement. All
such payments as contemplated by the preceding paragraph shall be deposited into the Collection Account by the Master Servicer
or Special Servicer, as applicable, promptly following receipt thereof.

 

Unless
the Certificate of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the
Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing
Agreement or be valid for any purpose.

 

    A-14-8

     

    

 

IN
WITNESS WHEREOF, the Certificate Administrator has caused this Class X-F Certificate to be duly executed.

 

	 	COMPUTERSHARE
    TRUST COMPANY, NATIONAL ASSOCIATION not in
    its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized
    Signatory

 

Dated:
____________, 2022

  

CERTIFICATE
OF AUTHENTICATION

 

This
is one of the Class X-F Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:
____________, 2022

 

	 	COMPUTERSHARE
    TRUST COMPANY, NATIONAL ASSOCIATION not in
    its individual capacity but solely as Authenticating Agent
	 	 	 
	 	By:	 
	 	 	Authorized
    Signatory

 

    A-14-9

     

    

 

ASSIGNMENT

 

FOR
VALUE RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto
____________________________________ ______________________________ (please print or typewrite name(s) and address(es),
including postal zip code(s) of assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by
the within Class X-F Certificate and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on the
Certificate Register of the Trust Fund.

 

I
(we) further direct the Certificate Registrar to issue a new Class X-F Certificate of the entire Percentage Interest represented
by the within Class X-F Certificates to the above-named Assignee(s) and to deliver such Class X-F Certificate to the following
address:

 

Date:
_______________

 

		 	Signature
    by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer
    Identification Number

 

    A-14-10

     

    

 

DISTRIBUTION
INSTRUCTIONS

 

The
Assignee(s) should include the following for purposes of distribution:

 

Address
of the Assignee(s) for the purpose of receiving notices and distributions:_____________________________________
__________________________________________________________________________ Distributions, if being made by wire transfer in
immediately available funds to __________________________ for the account of _________________________________________
account number ____________________________. This information is provided by ______________________________, the Assignee(s)
named above or ____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please
    print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer
    Identification Number

 

    A-14-11

     

    

 

EXHIBIT
A-15

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS X-G

 

[THIS
CERTIFICATE IS A TEMPORARY REGULATION S GLOBAL CERTIFICATE FOR PURPOSES OF REGULATION S UNDER THE UNITED STATES SECURITIES ACT
OF 1933, AS AMENDED (THE “SECURITIES ACT”). NEITHER THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE NOR ANY INTEREST
HEREIN MAY BE OFFERED, SOLD OR DELIVERED, EXCEPT AS PERMITTED UNDER THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.

 

NO
BENEFICIAL OWNERS OF THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE SHALL BE ENTITLED TO RECEIVE PAYMENTS OF PRINCIPAL OR INTEREST
HEREON UNLESS THE REQUIRED CERTIFICATIONS HAVE BEEN DELIVERED PURSUANT TO THE TERMS OF THE POOLING AND SERVICING AGREEMENT.]1

 

[UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE CERTIFICATE REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER
USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.]2

 

[TRANSFERS
OF THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF
OR SUCH SUCCESSOR’S NOMINEE, AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS
MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.]3

 

THIS
CERTIFICATE DOES NOT REPRESENT AN INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY
TO THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER
(OR ITS REPRESENTATIVE), THE INITIAL PURCHASERS OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE CERTIFICATES NOR THE MORTGAGE
LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

 

THE
NOTIONAL AMOUNT OF THIS CERTIFICATE WILL BE REDUCED IN CONNECTION WITH THE REDUCTION OF THE CERTIFICATE BALANCE OF THE CLASS G
CERTIFICATES. ACCORDINGLY, THE NOTIONAL AMOUNT OF THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL NOTIONAL AMOUNT SET
FORTH BELOW.

 

THIS
CLASS X-G CERTIFICATE WILL NOT BE ENTITLED TO RECEIVE DISTRIBUTIONS OF PRINCIPAL.

 

THIS
CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”), OR ANY STATE OR FOREIGN

 

 

 

		1	Temporary
Regulation S Global Certificate legend.

 

		2	Legend
required as long as DTC is the Depository under the Pooling and Servicing Agreement.

 

		3	Global
Certificate legend.

 

    A-15-1

     

    

 

SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT THIS CERTIFICATE
MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY (A)(1) PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE
144A”) TO A PERSON THAT THE HOLDER REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER” WITHIN THE MEANING
OF RULE 144A (A “QIB”), OR IS PURCHASING FOR THE ACCOUNT OF A QIB, AND WHOM THE HOLDER HAS INFORMED THAT THE REOFFER,
RESALE, PLEDGE, OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (2) IN AN “OFFSHORE TRANSACTION” TO AN INSTITUTION
THAT IS NOT A “U.S. PERSON”, AS SUCH TERMS ARE DEFINED IN, AND IN ACCORDANCE WITH RULE 903 OR RULE 904 OF, REGULATION
S UNDER THE SECURITIES ACT, OR (3) TO AN INSTITUTIONAL “ACCREDITED INVESTOR” WITHIN THE MEANING OF, OR IN WHICH ALL
THE EQUITY OWNERS COME WITHIN THE MEANING OF, RULE 501(a)(1), (2), (3) OR (7) OF REGULATION D UNDER THE SECURITIES ACT THAT IS
NOT A QIB, AND (B) IN EACH CASE IN ACCORDANCE WITH FEDERAL SECURITIES LAWS AND ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF
THE UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION.

 

THIS
CERTIFICATE MAY NOT BE PURCHASED BY OR PLEDGED, SOLD OR OTHERWISE TRANSFERRED TO ANY PERSON THAT IS OR BECOMES (I) AN EMPLOYEE
BENEFIT PLAN OR OTHER PLAN THAT IS SUBJECT TO THE FIDUCIARY RESPONSIBILITY OR PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE
RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), OR TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986,
AS AMENDED (THE “CODE”), OR A GOVERNMENTAL PLAN (AS DEFINED IN SECTION 3(32) OF ERISA) OR OTHER PLAN THAT IS SUBJECT
TO ANY FEDERAL, STATE OR LOCAL LAW (“SIMILAR LAW”) THAT IS, TO A MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS
OF ERISA OR THE CODE (EACH, A “PLAN”), OR (II) AN ENTITY OR COLLECTIVE INVESTMENT FUND THE ASSETS OF WHICH ARE CONSIDERED
PLAN ASSETS UNDER U.S. DEPARTMENT OF LABOR REG. SECTION 2510.3-101, AS MODIFIED BY SECTION 3(42) OF ERISA, OR SIMILAR LAW OR OTHER
PERSON ACTING ON BEHALF OF ANY SUCH PLAN OR USING THE ASSETS OF SUCH PLAN TO ACQUIRE THIS CERTIFICATE, UNLESS (A)(I) SUCH PERSON
IS AN “INSURANCE COMPANY GENERAL ACCOUNT” WITHIN THE MEANING OF PROHIBITED TRANSACTION CLASS EXEMPTION 95-60, AND
(II) ALL CONDITIONS OF SECTIONS I AND III OF PROHIBITED TRANSACTION CLASS EXEMPTION 95-60 WILL BE MET WITH RESPECT TO SUCH INSURANCE
COMPANY GENERAL ACCOUNT’S ACQUISITION, HOLDING AND DISPOSITION OF THIS CERTIFICATE, OR (B) WITH RESPECT TO THE ACQUISITION,
HOLDING OR DISPOSITION OF THIS CERTIFICATE BY ANY GOVERNMENTAL PLAN OR OTHER PLAN SUBJECT TO SIMILAR LAW, SUCH ACQUISITION, HOLDING
AND DISPOSITION BY SUCH GOVERNMENTAL PLAN WILL NOT CONSTITUTE OR OTHERWISE RESULT IN A NON-EXEMPT VIOLATION OF SIMILAR LAW.

 

THIS
CERTIFICATE REPRESENTS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS
ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

 

    A-15-2

     

    

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS X-g

 

	Pass-Through
    Rate:  1.00000% per annum	 	 
	 	 	 
	First
    Distribution Date: June 17, 2022	 	Cut-Off
    Date:  With respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage
    Loan or Serviced Companion Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its
    first Due Date subsequent to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage
    Loan or Serviced Companion Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).
	 	 	 
	Aggregate
    Initial Notional Amount of the Class X-G Certificates:  $13,319,000	 	Scheduled
    Final Distribution Date:  the Distribution Date in May 2032
	 	 	 

	CUSIP:  08163R
                                         AL04

                                         U0745R AF45

                                         08163R AM86

         
	 	Initial
    Notional Amount of this Certificate: $[_____]
	ISIN:     US08163RAL067

                                         USU0745RAF488

                                         US08163RAM889

         

        Common
Code:
	 	 
	 	 	 
	No.:  [1]	 	 

 

This
certifies that [           ] is the registered owner of a beneficial ownership
interest in a Trust Fund, including the distributions to be made with respect to the Class X-G Certificates. The Trust Fund,
described more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily
properties held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master
Servicer and the Special Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage
Loans) are to be serviced, pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate,
by virtue of the acceptance hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and
is bound thereby. In the event that there is any conflict between any provision of this Certificate and any provision of the Pooling
and Servicing Agreement, such provision of this Certificate shall be superseded to the extent of such inconsistency. Also issued
under the Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3-1, Class A-4-1, Class A-5,
Class A-SB, Class X-A, Class A-S, Class B, Class C, Class A-3-2, Class A-4-2, Class X-D, Class X-F,
Class X-H, Class X-J, Class D, Class E, Class F,

 

 

4
For Rule 144A Certificates

 

5
For Regulation S Certificates

 

6
For IAI Certificates

 

7
For Rule 144A Certificates

 

8
For Regulation S Certificates

 

9
For IAI Certificates

 

    A-15-3

     

    

 

Class G, Class H, Class J, Class R, Class S and Class VRR
Certificates (together with the Class X-G Certificates, the “Certificates”; the Holders of Certificates
are collectively referred to herein as “Certificateholders”) and the Uncertificated VRR Interest.

 

This
Certificate is issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022
(the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor,
KeyBank National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor
and Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington
Trust, National Association, as Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

 

This
Certificate represents a “regular interest” in a “real estate mortgage investment conduit,” as those terms
are defined, respectively, in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended.

 

The
Certificate Administrator makes no representation or warranty as to any of the statements contained herein or the validity or
sufficiency of the Certificates or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate
Administrator under the Pooling and Servicing Agreement.

 

Pursuant
to the terms of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution
on any Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such
date, a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related
Record Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of that portion of the aggregate amount of interest then distributable, if any, with respect to the Class X-G Certificates
for such Distribution Date, all as more fully described in the Pooling and Servicing Agreement.

 

Interest
accrued on this Certificate during an Interest Accrual Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the extent provided in the Pooling and Servicing Agreement.
The “Interest Accrual Period” with respect to any Distribution Date and with respect to the Class X-G Certificates
is the calendar month preceding the month in which such Distribution Date occurs and is assumed to consist of 30 days.

 

All
distributions (other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons
in whose names the Certificates are registered at the close of business on each Record Date, which will be the last Business Day
of the month preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer
of immediately available funds to the account of such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with
written wiring instructions no less than five (5) Business Days prior to the related Record Date (which wiring instructions may
be in the form of a standing order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder.
The final distribution on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate
at the office of the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting
as such agent) that is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any
funds not distributed on the Termination Date because of the failure of any Certificateholders to tender their Certificates shall
be set aside and held in trust for the account of the appropriate non-tendering Certificateholders, whereupon the Trust Fund shall
terminate. If any Certificates as to which notice of the Termination Date has been given pursuant to Section 9.01 of the Pooling
and Servicing Agreement shall not have been surrendered for cancellation within six months after the time specified in such notice,
the Certificate Administrator shall mail a second notice to the remaining Certificateholders, at their last addresses shown in
the Certificate Register, to surrender their Certificates for cancellation in order to receive, from such funds held, the final
distribution with respect thereto. If within one year after the second notice any Certificate shall not have been surrendered
for cancellation, the Certificate Administrator may, directly or through an agent, take appropriate steps to contact the remaining
Certificateholders concerning surrender of their Certificates. The costs and expenses of maintaining such funds and of contacting
Certificateholders shall be paid out of the assets which remain held.

 

    A-15-4

     

    

 

Subject to applicable state law with respect to escheatment
of funds, if within two years after the second notice any Certificates shall not have been surrendered for cancellation, the Paying
Agent shall pay to the Class R Certificateholders all amounts distributable to the Holders thereof. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such Certificateholder’s failure to surrender its
Certificate(s) for final payment thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.

 

This
Certificate is limited in right of payment to, among other things, certain collections and recoveries in respect of the Mortgage
Loans, as more specifically set forth herein and in the Pooling and Servicing Agreement.

 

As
provided in the Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject
to the Pooling and Servicing Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled payments
on or collections in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage
Loan, the Due Date in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off
Date); (iii) any REO Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the
Trust’s interest in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but, with
respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan
Combination); (v) the Master Servicer’s and the Trustee’s rights under the insurance policies with respect to the
Mortgage Loans required to be maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s
rights in any Assignments of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under
any indemnities or guaranties given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the
Certificate Administrator’s rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited
in the Collection Account, the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the
Excess Liquidation Proceeds Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s
rights in any environmental indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under
the Mortgage Loan Purchase Agreements to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing
Agreement; (xi) the Lower-Tier Regular Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This
Certificate does not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights,
duties and immunities of the Certificate Administrator and Trustee.

 

As
provided in the Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender
for registration of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the
name of the designated transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate
interest and of the same Class.

 

Prior
to due presentation of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person
in whose name any Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided
in the Pooling and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer,
the Operating Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall
be affected by any notice to the contrary.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer,
the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders,
any of the Uncertificated VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

		(i)	to
                                         cure any ambiguity to the extent that it does not adversely affect any holders of Certificates
                                         or any Uncertificated VRR Interest Owner;

 

		(ii)	to
correct or supplement any of its provisions which may be inconsistent with any other provisions of the Pooling and Servicing Agreement
or with the description thereof in the Prospectus or to correct any error;

 

    A-15-5

     

    

 

		(iii)	to
change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation Proceeds Reserve Account, the Excess
Interest Distribution Account, the Distribution Account or any REO Account, provided that (A) the Master Servicer Remittance
Date shall in no event be later than the Business Day prior to the related Distribution Date and (B) the change would not
adversely affect in any material respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner, as evidenced
by an opinion of counsel (at the expense of the party requesting the amendment);

 

		(iv)	to
modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain the qualification of any Trust REMIC
as a REMIC or the Grantor Trust as a grantor trust or to avoid or minimize the risk of imposition of any tax on the Trust Fund,
provided that the Trustee and the Certificate Administrator have received an opinion of counsel (at the expense of the party requesting
the amendment) to the effect that (1) the action is necessary or desirable to maintain such qualification or to avoid
or minimize such risk and (2) the action will not adversely affect in any material respect the interests of any holder of the
Certificates or any Uncertificated VRR Interest Owner, (B) to restrict (or to remove any existing restrictions with respect
to) the transfer of the Class R Certificates, provided that the Depositor has determined that the amendment will not give
rise to any tax with respect to the transfer of the Class R Certificates to a non-Permitted Transferee, (C) to the extent
necessary to comply with the Investment Company Act of 1940, as amended, the Exchange Act, Regulation AB, Regulation RR and/or
any related regulatory actions and/or interpretations or (D) in the event that Regulation RR (or any portion thereof) or any other
regulations applicable to the risk retention requirements for this securitization transaction are amended or repealed, to the
extent required to comply with any such amendment or to modify or eliminate any risk retention requirements no longer applicable
to this securitization transaction in light of such repeal;

 

		(v)	to
make any other provisions with respect to matters or questions arising under the Pooling and Servicing Agreement or any other
change, provided that the amendment will not adversely affect in any material respect the interests of any Certificateholder
or any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(vi)	to
modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5; provided that such modification does
not increase the obligations of the Trustee, the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer,
the Master Servicer or the Special Servicer without such party’s consent (which consent may not be withheld unless such
modification would materially adversely affect such party or materially increase such party’s obligations under the Pooling
and Servicing Agreement); provided, further that notice of such modification is provided to all parties to the Pooling
and Servicing Agreement; and

 

		(vii)	to
amend or supplement any provision of the Pooling and Servicing Agreement to the extent necessary to maintain the ratings assigned
to each Class of Certificates by any of the Rating Agencies, provided that the amendment will not adversely affect in any material
respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided,
further that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or
consultation rights or the right to receive information under the Pooling and Servicing Agreement of the Controlling Class Representative
without the consent of the Controlling Class Representative; (B) reduce the consultation rights or the right to receive information
under the Pooling and Servicing Agreement of the Operating Advisor without the consent of the Operating Advisor; (C) change in
any manner the obligations or rights of any Mortgage Loan Seller under the Pooling and Servicing Agreement or the applicable Mortgage
Loan Purchase Agreement without the consent of the affected Mortgage Loan Seller; (D) change in any manner the obligations or
rights of any Underwriter or Initial Purchaser, without the consent of the affected Underwriter or Initial Purchaser; or (E) adversely
affect any Serviced Companion Loan Holder in its capacity as such without its consent. Expenses

 

    A-15-6

     

    

 

incurred with respect to any amendment
shall be borne by the party requesting such amendment, unless the Master Servicer, the Special Servicer or the Trustee is requesting
an amendment for the benefit of the Certificateholders, then in which case such expense will be borne by the Trust.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of
the Depositor, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian
(if the Certificate Administrator is then acting as Custodian), the Certificate Administrator and the Trustee with the consent
of the Holders of Certificates representing not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected
by the amendment for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or of modifying in any manner the rights of the Certificateholders and the Uncertificated
VRR Interest Owners; provided, however, that no such amendment shall:

 

		(i)	reduce
                                         in any manner the amount of, or delay the timing of, payments received on the Serviced
                                         Loans which are required to be distributed on a Certificate of any Class or the Uncertificated
                                         VRR Interest or to any Serviced Companion Loan Holder, as applicable, without the consent
                                         of the Holder of that Certificate, the Uncertificated VRR Interest Owners or that Serviced
                                         Companion Loan Holder, as applicable,

 

		(ii)	reduce
                                         the aforesaid percentage of Certificates of any Class or of the Uncertificated VRR Interest
                                         the Holders (or, in the case of the Uncertificated VRR Interest, the owners) of which
                                         are required to consent to the amendment without the consent of the Holders of all Certificates
                                         of that Class then outstanding or of the Uncertificated VRR Interest Owners, as applicable,

 

		(iii)	change
                                         in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling
                                         and Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent
                                         of the affected Mortgage Loan Seller,

 

		(iv)	change
                                         the definition of “Servicing Standard” without either (A) consent of 100%
                                         of the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency
                                         Confirmation,

 

		(v)	without
                                         the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
                                         or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change
                                         (A) the percentages of Voting Rights of Certificateholders that are required to consent
                                         to any action or inaction under the Pooling and Servicing Agreement, (B) the right of
                                         the Certificateholders to remove the Special Servicer pursuant to the Pooling and Servicing
                                         Agreement or (C) the right of the Certificateholders to terminate the Operating Advisor
                                         pursuant to the Pooling and Servicing Agreement,

 

		(vi)	adversely
                                         affect the Controlling Class Representative without the consent of 100% of the Controlling
                                         Class Certificateholders,

 

		(vii)	adversely
                                         affect a Serviced Companion Loan Holder in its capacity as such without its consent,
                                         or

 

		(viii)	change
in any manner the obligations or rights of any Underwriter or Initial Purchaser without the consent of the affected Underwriter
or Initial Purchaser.

 

The
Holders of the Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if
such Holders do not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if
none of such Holders, the Special Servicer or the Master Servicer does, any Holders of Class R Certificates representing
greater than a 50% Percentage Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less than
30 days’ prior notice given to the parties (or, if applicable, the other parties) to the Pooling and Servicing Agreement
(whereupon the Master Servicer shall notify the Serviced Companion Loan Holders) any time on or after the Early Termination Notice
Date specifying the Anticipated

 

    A-15-7

     

    

 

 Termination Date, by purchasing on such date all, but not less than all, of the Mortgage Loans
(and in the case of any Mortgage Loan that is part of a Serviced Loan Combination, subject to certain rights of the related Serviced
Companion Loan Holder(s) provided for in the related Co-Lender Agreement) then included in the Trust Fund, and all property acquired
by or on behalf of the Trust Fund (including the Trust Fund’s interest in any REO Property acquired with respect to any
Outside Serviced Mortgage Loan) in respect of any Mortgage Loan then included in the Trust Fund, at a purchase price, payable
in cash, equal to (i) the sum of (A) the Termination Purchase Amount and (B) the reasonable out-of-pocket expenses
of the Master Servicer (unless the Master Servicer is the purchaser of such Mortgage Loans), the Special Servicer (unless the
Special Servicer is the purchaser of such Mortgage Loans), the Trustee and the Certificate Administrator, as applicable, with
respect to such termination, minus (ii) solely in the case where the Master Servicer or the Special Servicer is effecting
such purchase, the aggregate amount of unreimbursed Advances, if any, made by the Master Servicer or Special Servicer, as applicable,
together with any interest accrued and payable to the Master Servicer or the Special Servicer, as applicable, in respect of such
Advances and any unpaid Servicing Fees or Special Servicing Fees, as applicable, remaining outstanding (which items will be deemed
to have been paid or reimbursed to the Master Servicer or the Special Servicer, as applicable, in connection with such purchase).

 

Any
Person(s) effecting an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling
Class Representative and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination
by the Holder of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least
30 days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement.

 

The
respective obligations and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor,
the Asset Representations Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement
with respect to the Certificates, the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other
than the obligation to make certain payments and to send certain notices to Certificateholders and the Uncertificated VRR Interest
Owners as set forth in the Pooling and Servicing Agreement and to make any required remittances to the Serviced Companion Loan
Holders in the month in which the final Distribution Date occurs and certain tax-related obligations) shall terminate immediately
following the earlier to occur of (i) the purchase by Holders of the Controlling Class, the Special Servicer, the Master
Servicer or Holders of the Class R Certificates of all the Mortgage Loans and REO Properties (or interests therein) then
included in the Trust Fund pursuant to Section 9.01(c) of the Pooling and Servicing Agreement, (ii) the exchange by the Remaining
Certificateholder of its Certificates and the Uncertificated VRR Interest for all the Mortgage Loans and REO Properties (or interests
therein) then included in the Trust Fund pursuant to Section 9.01(h) of the Pooling and Servicing Agreement and (iii) the
final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan or REO Property (or interest
therein) contained in the Trust Fund; provided, however, that in no event shall the trust created by the Pooling
and Servicing Agreement continue beyond the expiration of twenty-one years from the death of the last survivor of the descendants
of Joseph P. Kennedy, the late ambassador of the United States to the United Kingdom, living on the date of the Pooling and Servicing
Agreement. All such payments as contemplated by the preceding paragraph shall be deposited into the Collection Account by the
Master Servicer or Special Servicer, as applicable, promptly following receipt thereof.

 

Unless
the Certificate of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the
Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing
Agreement or be valid for any purpose.

 

    A-15-8

     

    

 

IN WITNESS WHEREOF,
the Certificate Administrator has caused this Class X-G Certificate to be duly executed.

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized Signatory

 

Dated:  ____________, 2022

 

 

CERTIFICATE
OF AUTHENTICATION

 

This is one of the
Class X-G Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:  ____________, 2022

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely
as Authenticating Agent

	 	 	 
	 	By:	 
	 	 	Authorized Signatory

  

    A-15-9

     

    

 

ASSIGNMENT

 

FOR
VALUE RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto
____________________________________ ______________________________ (please print or typewrite name(s) and address(es),
including postal zip code(s) of assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by
the within Class X-G Certificate and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on the
Certificate Register of the Trust Fund.

 

I (we) further
direct the Certificate Registrar to issue a new Class X-G Certificate of the entire Percentage Interest represented by the
within Class X-G Certificates to the above-named Assignee(s) and to deliver such Class X-G Certificate to the
following address:

 

Date:
_______________

 

		 	Signature by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-15-10

     

    

  

DISTRIBUTION
INSTRUCTIONS

 

The Assignee(s) should
include the following for purposes of distribution:

 

Address of
the Assignee(s) for the purpose of receiving notices and distributions: _______________________________________________________
_____________________________________ Distributions, if being made by wire transfer in immediately available funds to
__________________________ for the account of _________________________________________ account number ____________________________. This
information is provided by ______________________________, the Assignee(s) named above or
____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-15-11

     

    

 

EXHIBIT
A-16

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS X-H

 

[THIS
CERTIFICATE IS A TEMPORARY REGULATION S GLOBAL CERTIFICATE FOR PURPOSES OF REGULATION S UNDER THE UNITED STATES SECURITIES ACT
OF 1933, AS AMENDED (THE “SECURITIES ACT”). NEITHER THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE NOR ANY INTEREST
HEREIN MAY BE OFFERED, SOLD OR DELIVERED, EXCEPT AS PERMITTED UNDER THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.

 

NO
BENEFICIAL OWNERS OF THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE SHALL BE ENTITLED TO RECEIVE PAYMENTS OF PRINCIPAL OR INTEREST
HEREON UNLESS THE REQUIRED CERTIFICATIONS HAVE BEEN DELIVERED PURSUANT TO THE TERMS OF THE POOLING AND SERVICING AGREEMENT.]1

 

[UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE CERTIFICATE REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER
USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.]2

 

[TRANSFERS
OF THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF
OR SUCH SUCCESSOR’S NOMINEE, AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS
MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.]3

 

THIS
CERTIFICATE DOES NOT REPRESENT AN INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY
TO THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER
(OR ITS REPRESENTATIVE), THE INITIAL PURCHASERS OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE CERTIFICATES NOR THE MORTGAGE
LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

 

THE
NOTIONAL AMOUNT OF THIS CERTIFICATE WILL BE REDUCED IN CONNECTION WITH THE REDUCTION OF THE CERTIFICATE BALANCE OF THE CLASS H
CERTIFICATES. ACCORDINGLY, THE NOTIONAL AMOUNT OF THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL NOTIONAL AMOUNT SET
FORTH BELOW.

 

THIS
CLASS X-H CERTIFICATE WILL NOT BE ENTITLED TO RECEIVE DISTRIBUTIONS OF PRINCIPAL.

 

THIS
CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”), OR ANY STATE OR FOREIGN

 

 

 

		1	Temporary
Regulation S Global Certificate legend.

 

		2	Legend
required as long as DTC is the Depository under the Pooling and Servicing Agreement.

 

		3	Global
Certificate legend.

 

    A-16-1

     

    

 

SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT THIS CERTIFICATE
MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY (A)(1) PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE
144A”) TO A PERSON THAT THE HOLDER REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER” WITHIN THE MEANING
OF RULE 144A (A “QIB”), OR IS PURCHASING FOR THE ACCOUNT OF A QIB, AND WHOM THE HOLDER HAS INFORMED THAT THE REOFFER,
RESALE, PLEDGE, OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (2) IN AN “OFFSHORE TRANSACTION” TO AN INSTITUTION
THAT IS NOT A “U.S. PERSON”, AS SUCH TERMS ARE DEFINED IN, AND IN ACCORDANCE WITH RULE 903 OR RULE 904 OF, REGULATION
S UNDER THE SECURITIES ACT, OR (3) TO AN INSTITUTIONAL “ACCREDITED INVESTOR” WITHIN THE MEANING OF, OR IN WHICH ALL
THE EQUITY OWNERS COME WITHIN THE MEANING OF, RULE 501(a)(1), (2), (3) OR (7) OF REGULATION D UNDER THE SECURITIES ACT THAT IS
NOT A QIB, AND (B) IN EACH CASE IN ACCORDANCE WITH FEDERAL SECURITIES LAWS AND ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF
THE UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION.

 

THIS
CERTIFICATE MAY NOT BE PURCHASED BY OR PLEDGED, SOLD OR OTHERWISE TRANSFERRED TO ANY PERSON THAT IS OR BECOMES (I) AN EMPLOYEE
BENEFIT PLAN OR OTHER PLAN THAT IS SUBJECT TO THE FIDUCIARY RESPONSIBILITY OR PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE
RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), OR TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986,
AS AMENDED (THE “CODE”), OR A GOVERNMENTAL PLAN (AS DEFINED IN SECTION 3(32) OF ERISA) OR OTHER PLAN THAT IS SUBJECT
TO ANY FEDERAL, STATE OR LOCAL LAW (“SIMILAR LAW”) THAT IS, TO A MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS
OF ERISA OR THE CODE (EACH, A “PLAN”), OR (II) AN ENTITY OR COLLECTIVE INVESTMENT FUND THE ASSETS OF WHICH ARE CONSIDERED
PLAN ASSETS UNDER U.S. DEPARTMENT OF LABOR REG. SECTION 2510.3-101, AS MODIFIED BY SECTION 3(42) OF ERISA, OR SIMILAR LAW OR OTHER
PERSON ACTING ON BEHALF OF ANY SUCH PLAN OR USING THE ASSETS OF SUCH PLAN TO ACQUIRE THIS CERTIFICATE, UNLESS (A)(I) SUCH PERSON
IS AN “INSURANCE COMPANY GENERAL ACCOUNT” WITHIN THE MEANING OF PROHIBITED TRANSACTION CLASS EXEMPTION 95-60, AND
(II) ALL CONDITIONS OF SECTIONS I AND III OF PROHIBITED TRANSACTION CLASS EXEMPTION 95-60 WILL BE MET WITH RESPECT TO SUCH INSURANCE
COMPANY GENERAL ACCOUNT’S ACQUISITION, HOLDING AND DISPOSITION OF THIS CERTIFICATE, OR (B) WITH RESPECT TO THE ACQUISITION,
HOLDING OR DISPOSITION OF THIS CERTIFICATE BY ANY GOVERNMENTAL PLAN OR OTHER PLAN SUBJECT TO SIMILAR LAW, SUCH ACQUISITION, HOLDING
AND DISPOSITION BY SUCH GOVERNMENTAL PLAN WILL NOT CONSTITUTE OR OTHERWISE RESULT IN A NON-EXEMPT VIOLATION OF SIMILAR LAW.

 

THIS
CERTIFICATE REPRESENTS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS
ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

 

    A-16-2

     

    

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS X-H

 

	Pass-Through
    Rate:  1.00000% per annum	 	 
	 	 	 
	First
    Distribution Date: June 17, 2022	 	Cut-Off
    Date:  With respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage
    Loan or Serviced Companion Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its
    first Due Date subsequent to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage
    Loan or Serviced Companion Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).
	 	 	 
	Aggregate
    Initial Notional Amount of the Class X-H Certificates:  $11,986,000	 	Scheduled
    Final Distribution Date:  the Distribution Date in May 2032
	 	 	 

	CUSIP:  08163R
                                         AN64

                                         U0745R AG25

                                         08163R AP16

         
	 	Initial
    Notional Amount of this Certificate: $[_____]
	ISIN:     US08163RAN617

                                         USU0745RAG218

                                         US08163RAP109

         
	 	 
	Common
                                         Code:

         
	 	 
	No.:  [1]	 	 

 

This
certifies that [           ] is the registered owner of a beneficial ownership
interest in a Trust Fund, including the distributions to be made with respect to the Class X-H Certificates. The Trust Fund,
described more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily
properties held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master
Servicer and the Special Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage
Loans) are to be serviced, pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate,
by virtue of the acceptance hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and
is bound thereby. In the event that there is any conflict between any provision of this Certificate and any provision of the Pooling
and Servicing Agreement, such provision of this Certificate shall be superseded to the extent of such inconsistency. Also issued
under the Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3-1, Class A-4-1, Class A-5,
Class A-SB, Class X-A, Class A-S, Class B, Class C, Class A-3-2, Class A-4-2, Class X-D, Class X-F,
Class X-G, Class X-J, Class D, Class E, Class F,

 

 

4
For Rule 144A Certificates

 

5
For Regulation S Certificates

 

6
For IAI Certificates

 

7
For Rule 144A Certificates

 

8 For
Regulation S Certificates

 

9
For IAI Certificates

 

    A-16-3

     

    

 

Class G, Class H, Class J, Class R, Class S and Class VRR
Certificates (together with the Class X-H Certificates, the “Certificates”; the Holders of Certificates
are collectively referred to herein as “Certificateholders”) and the Uncertificated VRR Interest.

 

This
Certificate is issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022
(the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor,
KeyBank National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor
and Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington
Trust, National Association, as Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

 

This
Certificate represents a “regular interest” in a “real estate mortgage investment conduit,” as those terms
are defined, respectively, in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended.

 

The
Certificate Administrator makes no representation or warranty as to any of the statements contained herein or the validity or
sufficiency of the Certificates or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate
Administrator under the Pooling and Servicing Agreement.

 

Pursuant
to the terms of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution
on any Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such
date, a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related
Record Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of that portion of the aggregate amount of interest then distributable, if any, with respect to the Class X-H Certificates
for such Distribution Date, all as more fully described in the Pooling and Servicing Agreement.

 

Interest
accrued on this Certificate during an Interest Accrual Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the extent provided in the Pooling and Servicing Agreement.
The “Interest Accrual Period” with respect to any Distribution Date and with respect to the Class X-H Certificates
is the calendar month preceding the month in which such Distribution Date occurs and is assumed to consist of 30 days.

 

All
distributions (other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons
in whose names the Certificates are registered at the close of business on each Record Date, which will be the last Business Day
of the month preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer
of immediately available funds to the account of such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with
written wiring instructions no less than five (5) Business Days prior to the related Record Date (which wiring instructions may
be in the form of a standing order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder.
The final distribution on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate
at the office of the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting
as such agent) that is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any
funds not distributed on the Termination Date because of the failure of any Certificateholders to tender their Certificates shall
be set aside and held in trust for the account of the appropriate non-tendering Certificateholders, whereupon the Trust Fund shall
terminate. If any Certificates as to which notice of the Termination Date has been given pursuant to Section 9.01 of the Pooling
and Servicing Agreement shall not have been surrendered for cancellation within six months after the time specified in such notice,
the Certificate Administrator shall mail a second notice to the remaining Certificateholders, at their last addresses shown in
the Certificate Register, to surrender their Certificates for cancellation in order to receive, from such funds held, the final
distribution with respect thereto. If within one year after the second notice any Certificate shall not have been surrendered
for cancellation, the Certificate Administrator may, directly or through an agent, take appropriate steps to contact the remaining
Certificateholders concerning surrender of their Certificates. The costs and expenses of maintaining such funds and of contacting
Certificateholders shall be paid out of the assets which remain held.

 

    A-16-4

     

    

 

 Subject to applicable state law with respect to escheatment
of funds, if within two years after the second notice any Certificates shall not have been surrendered for cancellation, the Paying
Agent shall pay to the Class R Certificateholders all amounts distributable to the Holders thereof. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such Certificateholder’s failure to surrender its
Certificate(s) for final payment thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.

 

This
Certificate is limited in right of payment to, among other things, certain collections and recoveries in respect of the Mortgage
Loans, as more specifically set forth herein and in the Pooling and Servicing Agreement.

 

As
provided in the Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject
to the Pooling and Servicing Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled payments
on or collections in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage
Loan, the Due Date in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off
Date); (iii) any REO Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the
Trust’s interest in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but, with
respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan
Combination); (v) the Master Servicer’s and the Trustee’s rights under the insurance policies with respect to the
Mortgage Loans required to be maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s
rights in any Assignments of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under
any indemnities or guaranties given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the
Certificate Administrator’s rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited
in the Collection Account, the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the
Excess Liquidation Proceeds Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s
rights in any environmental indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under
the Mortgage Loan Purchase Agreements to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing
Agreement; (xi) the Lower-Tier Regular Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This
Certificate does not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights,
duties and immunities of the Certificate Administrator and Trustee.

 

As
provided in the Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender
for registration of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the
name of the designated transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate
interest and of the same Class.

 

Prior
to due presentation of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person
in whose name any Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided
in the Pooling and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer,
the Operating Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall
be affected by any notice to the contrary.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer,
the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders,
any of the Uncertificated VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

		(i)	to
cure any ambiguity to the extent that it does not adversely affect any holders of Certificates or any Uncertificated VRR Interest
Owner;

 

		(ii)	to
                                         correct or supplement any of its provisions which may be inconsistent with any other
                                         provisions of the Pooling and Servicing Agreement or with the description thereof in
                                         the Prospectus or to correct any error;

 

    A-16-5

     

    

 

		(iii)	to
                                         change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation
                                         Proceeds Reserve Account, the Excess Interest Distribution Account, the Distribution
                                         Account or any REO Account, provided that (A) the Master Servicer Remittance Date
                                         shall in no event be later than the Business Day prior to the related Distribution Date
                                         and (B) the change would not adversely affect in any material respect the interests
                                         of any Certificateholder or any Uncertificated VRR Interest Owner, as evidenced by an
                                         opinion of counsel (at the expense of the party requesting the amendment);

 

		(iv)	to
                                         modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain
                                         the qualification of any Trust REMIC as a REMIC or the Grantor Trust as a grantor trust
                                         or to avoid or minimize the risk of imposition of any tax on the Trust Fund, provided
                                         that the Trustee and the Certificate Administrator have received an opinion of counsel
                                         (at the expense of the party requesting the amendment) to the effect that (1) the
                                         action is necessary or desirable to maintain such qualification or to avoid or minimize
                                         such risk and (2) the action will not adversely affect in any material respect the interests
                                         of any holder of the Certificates or any Uncertificated VRR Interest Owner, (B) to
                                         restrict (or to remove any existing restrictions with respect to) the transfer of
                                         the Class R Certificates, provided that the Depositor has determined that the amendment
                                         will not give rise to any tax with respect to the transfer of the Class R Certificates
                                         to a non-Permitted Transferee, (C) to the extent necessary to comply with the Investment
                                         Company Act of 1940, as amended, the Exchange Act, Regulation AB, Regulation RR and/or
                                         any related regulatory actions and/or interpretations or (D) in the event that Regulation
                                         RR (or any portion thereof) or any other regulations applicable to the risk retention
                                         requirements for this securitization transaction are amended or repealed, to the extent
                                         required to comply with any such amendment or to modify or eliminate any risk retention
                                         requirements no longer applicable to this securitization transaction in light of such
                                         repeal;

 

		(v)	to
                                         make any other provisions with respect to matters or questions arising under the Pooling
                                         and Servicing Agreement or any other change, provided that the amendment will
                                         not adversely affect in any material respect the interests of any Certificateholder or
                                         any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(vi)	to
                                         modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5;
                                         provided that such modification does not increase the obligations of the Trustee,
                                         the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer,
                                         the Master Servicer or the Special Servicer without such party’s consent (which
                                         consent may not be withheld unless such modification would materially adversely affect
                                         such party or materially increase such party’s obligations under the Pooling and
                                         Servicing Agreement); provided, further that notice of such modification
                                         is provided to all parties to the Pooling and Servicing Agreement; and

 

		(vii)	to
                                         amend or supplement any provision of the Pooling and Servicing Agreement to the extent
                                         necessary to maintain the ratings assigned to each Class of Certificates by any of the
                                         Rating Agencies, provided that the amendment will not adversely affect in any material
                                         respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided,
further that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or
consultation rights or the right to receive information under the Pooling and Servicing Agreement of the Controlling Class Representative
without the consent of the Controlling Class Representative; (B) reduce the consultation rights or the right to receive information
under the Pooling and Servicing Agreement of the Operating Advisor without the consent of the Operating Advisor; (C) change in
any manner the obligations or rights of any Mortgage Loan Seller under the Pooling and Servicing Agreement or the applicable Mortgage
Loan Purchase Agreement without the consent of the affected Mortgage Loan Seller; (D) change in any manner the obligations or
rights of any Underwriter or Initial Purchaser, without the consent of the affected Underwriter or Initial Purchaser; or (E) adversely
affect any Serviced Companion Loan Holder in its capacity as such without its consent. Expenses

 

    A-16-6

     

    

 

incurred with respect to any amendment
shall be borne by the party requesting such amendment, unless the Master Servicer, the Special Servicer or the Trustee is requesting
an amendment for the benefit of the Certificateholders, then in which case such expense will be borne by the Trust.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of
the Depositor, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian
(if the Certificate Administrator is then acting as Custodian), the Certificate Administrator and the Trustee with the consent
of the Holders of Certificates representing not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected
by the amendment for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or of modifying in any manner the rights of the Certificateholders and the Uncertificated
VRR Interest Owners; provided, however, that no such amendment shall:

 

		(i)	reduce
                                         in any manner the amount of, or delay the timing of, payments received on the Serviced
                                         Loans which are required to be distributed on a Certificate of any Class or the Uncertificated
                                         VRR Interest or to any Serviced Companion Loan Holder, as applicable, without the consent
                                         of the Holder of that Certificate, the Uncertificated VRR Interest Owners or that Serviced
                                         Companion Loan Holder, as applicable,

 

		(ii)	reduce
                                         the aforesaid percentage of Certificates of any Class or of the Uncertificated VRR Interest
                                         the Holders (or, in the case of the Uncertificated VRR Interest, the owners) of which
                                         are required to consent to the amendment without the consent of the Holders of all Certificates
                                         of that Class then outstanding or of the Uncertificated VRR Interest Owners, as applicable,

 

		(iii)	change
                                         in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling
                                         and Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent
                                         of the affected Mortgage Loan Seller,

 

		(iv)	change
                                         the definition of “Servicing Standard” without either (A) consent of 100%
                                         of the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency
                                         Confirmation,

 

		(v)	without
                                         the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
                                         or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change
                                         (A) the percentages of Voting Rights of Certificateholders that are required to consent
                                         to any action or inaction under the Pooling and Servicing Agreement, (B) the right of
                                         the Certificateholders to remove the Special Servicer pursuant to the Pooling and Servicing
                                         Agreement or (C) the right of the Certificateholders to terminate the Operating Advisor
                                         pursuant to the Pooling and Servicing Agreement,

 

		(vi)	adversely
                                         affect the Controlling Class Representative without the consent of 100% of the Controlling
                                         Class Certificateholders,

 

		(vii)	adversely
                                         affect a Serviced Companion Loan Holder in its capacity as such without its consent,
                                         or

 

		(viii)	change
in any manner the obligations or rights of any Underwriter or Initial Purchaser without the consent of the affected Underwriter
or Initial Purchaser.

 

The
Holders of the Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if
such Holders do not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if
none of such Holders, the Special Servicer or the Master Servicer does, any Holders of Class R Certificates representing
greater than a 50% Percentage Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less than
30 days’ prior notice given to the parties (or, if applicable, the other parties) to the Pooling and Servicing Agreement
(whereupon the Master Servicer shall notify the Serviced Companion Loan Holders) any time on or after the Early Termination Notice
Date specifying the Anticipated

 

    A-16-7

     

    

 

Termination Date, by purchasing on such date all, but not less than all, of the Mortgage Loans
(and in the case of any Mortgage Loan that is part of a Serviced Loan Combination, subject to certain rights of the related Serviced
Companion Loan Holder(s) provided for in the related Co-Lender Agreement) then included in the Trust Fund, and all property acquired
by or on behalf of the Trust Fund (including the Trust Fund’s interest in any REO Property acquired with respect to any
Outside Serviced Mortgage Loan) in respect of any Mortgage Loan then included in the Trust Fund, at a purchase price, payable
in cash, equal to (i) the sum of (A) the Termination Purchase Amount and (B) the reasonable out-of-pocket expenses
of the Master Servicer (unless the Master Servicer is the purchaser of such Mortgage Loans), the Special Servicer (unless the
Special Servicer is the purchaser of such Mortgage Loans), the Trustee and the Certificate Administrator, as applicable, with
respect to such termination, minus (ii) solely in the case where the Master Servicer or the Special Servicer is effecting
such purchase, the aggregate amount of unreimbursed Advances, if any, made by the Master Servicer or Special Servicer, as applicable,
together with any interest accrued and payable to the Master Servicer or the Special Servicer, as applicable, in respect of such
Advances and any unpaid Servicing Fees or Special Servicing Fees, as applicable, remaining outstanding (which items will be deemed
to have been paid or reimbursed to the Master Servicer or the Special Servicer, as applicable, in connection with such purchase).

 

Any
Person(s) effecting an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling
Class Representative and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination
by the Holder of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least
30 days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement.

 

The
respective obligations and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor,
the Asset Representations Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement
with respect to the Certificates, the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other
than the obligation to make certain payments and to send certain notices to Certificateholders and the Uncertificated VRR Interest
Owners as set forth in the Pooling and Servicing Agreement and to make any required remittances to the Serviced Companion Loan
Holders in the month in which the final Distribution Date occurs and certain tax-related obligations) shall terminate immediately
following the earlier to occur of (i) the purchase by Holders of the Controlling Class, the Special Servicer, the Master
Servicer or Holders of the Class R Certificates of all the Mortgage Loans and REO Properties (or interests therein) then
included in the Trust Fund pursuant to Section 9.01(c) of the Pooling and Servicing Agreement, (ii) the exchange by the Remaining
Certificateholder of its Certificates and the Uncertificated VRR Interest for all the Mortgage Loans and REO Properties (or interests
therein) then included in the Trust Fund pursuant to Section 9.01(h) of the Pooling and Servicing Agreement and (iii) the
final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan or REO Property (or interest
therein) contained in the Trust Fund; provided, however, that in no event shall the trust created by the Pooling
and Servicing Agreement continue beyond the expiration of twenty-one years from the death of the last survivor of the descendants
of Joseph P. Kennedy, the late ambassador of the United States to the United Kingdom, living on the date of the Pooling and Servicing
Agreement. All such payments as contemplated by the preceding paragraph shall be deposited into the Collection Account by the
Master Servicer or Special Servicer, as applicable, promptly following receipt thereof.

 

Unless
the Certificate of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the
Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing
Agreement or be valid for any purpose.

 

    A-16-8

     

    

 

IN WITNESS WHEREOF,
the Certificate Administrator has caused this Class X-H Certificate to be duly executed.

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized Signatory

 

Dated:  ____________, 2022

 

 

CERTIFICATE
OF AUTHENTICATION

 

This is one of the
Class X-H Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:  ____________, 2022

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely
as Authenticating Agent

	 	 	 
	 	By:	 
	 	 	Authorized Signatory

  

    A-16-9

     

    

 

ASSIGNMENT

 

FOR
VALUE RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto
____________________________________ ______________________________ (please print or typewrite name(s) and address(es),
including postal zip code(s) of assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by
the within Class X-H Certificate and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on the
Certificate Register of the Trust Fund.

 

I (we) further
direct the Certificate Registrar to issue a new Class X-H Certificate of the entire Percentage Interest represented by the
within Class X-H Certificates to the above-named Assignee(s) and to deliver such Class X-H Certificate to the
following address:

 

Date:
_______________

 

		 	Signature by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-16-10

     

    

  

DISTRIBUTION
INSTRUCTIONS

 

The Assignee(s) should
include the following for purposes of distribution:

 

Address of
the Assignee(s) for the purpose of receiving notices and distributions: _______________________________________________________
_____________________________________ Distributions, if being made by wire transfer in immediately available funds to
__________________________ for the account of _________________________________________ account number ____________________________. This
information is provided by ______________________________, the Assignee(s) named above or
____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-16-11

     

    

 

EXHIBIT
A-17

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS X-J

 

[THIS
CERTIFICATE IS A TEMPORARY REGULATION S GLOBAL CERTIFICATE FOR PURPOSES OF REGULATION S UNDER THE UNITED STATES SECURITIES ACT
OF 1933, AS AMENDED (THE “SECURITIES ACT”). NEITHER THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE NOR ANY INTEREST
HEREIN MAY BE OFFERED, SOLD OR DELIVERED, EXCEPT AS PERMITTED UNDER THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.

 

NO
BENEFICIAL OWNERS OF THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE SHALL BE ENTITLED TO RECEIVE PAYMENTS OF PRINCIPAL OR INTEREST
HEREON UNLESS THE REQUIRED CERTIFICATIONS HAVE BEEN DELIVERED PURSUANT TO THE TERMS OF THE POOLING AND SERVICING AGREEMENT.]1

 

[UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE CERTIFICATE REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER
USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.]2

 

[TRANSFERS
OF THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF
OR SUCH SUCCESSOR’S NOMINEE, AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS
MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.]3

 

THIS
CERTIFICATE DOES NOT REPRESENT AN INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY
TO THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER
(OR ITS REPRESENTATIVE), THE INITIAL PURCHASERS OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE CERTIFICATES NOR THE MORTGAGE
LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

 

THE
NOTIONAL AMOUNT OF THIS CERTIFICATE WILL BE REDUCED IN CONNECTION WITH THE REDUCTION OF THE CERTIFICATE BALANCE OF THE CLASS J
CERTIFICATES. ACCORDINGLY, THE NOTIONAL AMOUNT OF THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL NOTIONAL AMOUNT SET
FORTH BELOW.

 

THIS
CLASS X-J CERTIFICATE WILL NOT BE ENTITLED TO RECEIVE DISTRIBUTIONS OF PRINCIPAL.

 

THIS
CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”), OR ANY STATE OR FOREIGN SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT THIS

 

 

 

		1	Temporary
Regulation S Global Certificate legend.

 

		2	Legend
required as long as DTC is the Depository under the Pooling and Servicing Agreement.

 

		3	Global
Certificate legend.

 

    A-17-1

     

    

 

CERTIFICATE
MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY (A)(1) PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE
144A”) TO A PERSON THAT THE HOLDER REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER” WITHIN THE MEANING
OF RULE 144A (A “QIB”), OR IS PURCHASING FOR THE ACCOUNT OF A QIB, AND WHOM THE HOLDER HAS INFORMED THAT THE REOFFER,
RESALE, PLEDGE, OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (2) IN AN “OFFSHORE TRANSACTION” TO AN INSTITUTION
THAT IS NOT A “U.S. PERSON”, AS SUCH TERMS ARE DEFINED IN, AND IN ACCORDANCE WITH RULE 903 OR RULE 904 OF, REGULATION
S UNDER THE SECURITIES ACT, OR (3) TO AN INSTITUTIONAL “ACCREDITED INVESTOR” WITHIN THE MEANING OF, OR IN WHICH ALL
THE EQUITY OWNERS COME WITHIN THE MEANING OF, RULE 501(a)(1), (2), (3) OR (7) OF REGULATION D UNDER THE SECURITIES ACT THAT IS
NOT A QIB, AND (B) IN EACH CASE IN ACCORDANCE WITH FEDERAL SECURITIES LAWS AND ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF
THE UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION.

 

THIS
CERTIFICATE MAY NOT BE PURCHASED BY OR PLEDGED, SOLD OR OTHERWISE TRANSFERRED TO ANY PERSON THAT IS OR BECOMES (I) AN EMPLOYEE
BENEFIT PLAN OR OTHER PLAN THAT IS SUBJECT TO THE FIDUCIARY RESPONSIBILITY OR PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE
RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), OR TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986,
AS AMENDED (THE “CODE”), OR A GOVERNMENTAL PLAN (AS DEFINED IN SECTION 3(32) OF ERISA) OR OTHER PLAN THAT IS SUBJECT
TO ANY FEDERAL, STATE OR LOCAL LAW (“SIMILAR LAW”) THAT IS, TO A MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS
OF ERISA OR THE CODE (EACH, A “PLAN”), OR (II) AN ENTITY OR COLLECTIVE INVESTMENT FUND THE ASSETS OF WHICH ARE CONSIDERED
PLAN ASSETS UNDER U.S. DEPARTMENT OF LABOR REG. SECTION 2510.3-101, AS MODIFIED BY SECTION 3(42) OF ERISA, OR SIMILAR LAW OR OTHER
PERSON ACTING ON BEHALF OF ANY SUCH PLAN OR USING THE ASSETS OF SUCH PLAN TO ACQUIRE THIS CERTIFICATE, UNLESS (A)(I) SUCH PERSON
IS AN “INSURANCE COMPANY GENERAL ACCOUNT” WITHIN THE MEANING OF PROHIBITED TRANSACTION CLASS EXEMPTION 95-60, AND
(II) ALL CONDITIONS OF SECTIONS I AND III OF PROHIBITED TRANSACTION CLASS EXEMPTION 95-60 WILL BE MET WITH RESPECT TO SUCH INSURANCE
COMPANY GENERAL ACCOUNT’S ACQUISITION, HOLDING AND DISPOSITION OF THIS CERTIFICATE, OR (B) WITH RESPECT TO THE ACQUISITION,
HOLDING OR DISPOSITION OF THIS CERTIFICATE BY ANY GOVERNMENTAL PLAN OR OTHER PLAN SUBJECT TO SIMILAR LAW, SUCH ACQUISITION, HOLDING
AND DISPOSITION BY SUCH GOVERNMENTAL PLAN WILL NOT CONSTITUTE OR OTHERWISE RESULT IN A NON-EXEMPT VIOLATION OF SIMILAR LAW.

 

THIS
CERTIFICATE REPRESENTS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS
ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

 

    A-17-2

     

    

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS X-J

 

	Pass-Through
    Rate:  1.00000% per annum	 	 
	 	 	 
	First
    Distribution Date: June 17, 2022	 	Cut-Off
    Date:  With respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage
    Loan or Serviced Companion Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its
    first Due Date subsequent to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage
    Loan or Serviced Companion Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).
	 	 	 
	Aggregate
    Initial Notional Amount of the Class X-J Certificates:  $41,288,136	 	Scheduled
    Final Distribution Date:  the Distribution Date in May 2032
	 	 	 

	CUSIP:  08163R
                                         AQ94

                                         U0745R AH05

                                         08163R AR76

         
	 	Initial
    Notional Amount of this Certificate: $[_____]
	ISIN:     US08163RAQ927

                                         USU0745RAH048

                                         US08163RAR759

         
	 	 
	Common
                                         Code:

         
	 	 
	No.:  [1]	 	 

 

This
certifies that [           ] is the registered owner of a beneficial ownership
interest in a Trust Fund, including the distributions to be made with respect to the Class X-J Certificates. The Trust Fund,
described more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily
properties held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master
Servicer and the Special Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage
Loans) are to be serviced, pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate,
by virtue of the acceptance hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and
is bound thereby. In the event that there is any conflict between any provision of this Certificate and any provision of the Pooling
and Servicing Agreement, such provision of this Certificate shall be superseded to the extent of such inconsistency. Also issued
under the Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3-1, Class A-4-1, Class A-5,
Class A-SB, Class X-A, Class A-S, Class B, Class C, Class A-3-2, Class A-4-2, Class X-D, Class X-F,
Class X-G, Class X-H, Class D, Class E, Class F,

 

 

 

4
For Rule 144A Certificates

 

5
For Regulation S Certificates

 

6
For IAI Certificates

 

7
For Rule 144A Certificates

 

8
For Regulation S Certificates

 

9
For IAI Certificates

 

    A-17-3

     

    

 

Class G, Class H, Class J, Class R, Class S and Class VRR
Certificates (together with the Class X-J Certificates, the “Certificates”; the Holders of Certificates
are collectively referred to herein as “Certificateholders”) and the Uncertificated VRR Interest.

 

This
Certificate is issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022
(the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor,
KeyBank National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor
and Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington
Trust, National Association, as Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

 

This
Certificate represents a “regular interest” in a “real estate mortgage investment conduit,” as those terms
are defined, respectively, in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended.

 

The
Certificate Administrator makes no representation or warranty as to any of the statements contained herein or the validity or
sufficiency of the Certificates or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate
Administrator under the Pooling and Servicing Agreement.

 

Pursuant
to the terms of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution
on any Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such
date, a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related
Record Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of that portion of the aggregate amount of interest then distributable, if any, with respect to the Class X-J Certificates
for such Distribution Date, all as more fully described in the Pooling and Servicing Agreement.

 

Interest
accrued on this Certificate during an Interest Accrual Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the extent provided in the Pooling and Servicing Agreement.
The “Interest Accrual Period” with respect to any Distribution Date and with respect to the Class X-J Certificates
is the calendar month preceding the month in which such Distribution Date occurs and is assumed to consist of 30 days.

 

All
distributions (other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons
in whose names the Certificates are registered at the close of business on each Record Date, which will be the last Business Day
of the month preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer
of immediately available funds to the account of such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with
written wiring instructions no less than five (5) Business Days prior to the related Record Date (which wiring instructions may
be in the form of a standing order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder.
The final distribution on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate
at the office of the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting
as such agent) that is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any
funds not distributed on the Termination Date because of the failure of any Certificateholders to tender their Certificates shall
be set aside and held in trust for the account of the appropriate non-tendering Certificateholders, whereupon the Trust Fund shall
terminate. If any Certificates as to which notice of the Termination Date has been given pursuant to Section 9.01 of the Pooling
and Servicing Agreement shall not have been surrendered for cancellation within six months after the time specified in such notice,
the Certificate Administrator shall mail a second notice to the remaining Certificateholders, at their last addresses shown in
the Certificate Register, to surrender their Certificates for cancellation in order to receive, from such funds held, the final
distribution with respect thereto. If within one year after the second notice any Certificate shall not have been surrendered
for cancellation, the Certificate Administrator may, directly or through an agent, take appropriate steps to contact the remaining
Certificateholders concerning surrender of their Certificates. The costs and expenses of maintaining such funds and of contacting
Certificateholders shall be paid out of the assets which remain held.

 

    A-17-4

     

    

 

Subject to applicable state law with respect to escheatment
of funds, if within two years after the second notice any Certificates shall not have been surrendered for cancellation, the Paying
Agent shall pay to the Class R Certificateholders all amounts distributable to the Holders thereof. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such Certificateholder’s failure to surrender its
Certificate(s) for final payment thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.

 

This
Certificate is limited in right of payment to, among other things, certain collections and recoveries in respect of the Mortgage
Loans, as more specifically set forth herein and in the Pooling and Servicing Agreement.

 

As
provided in the Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject
to the Pooling and Servicing Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled payments
on or collections in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage
Loan, the Due Date in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off
Date); (iii) any REO Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the
Trust’s interest in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but, with
respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan
Combination); (v) the Master Servicer’s and the Trustee’s rights under the insurance policies with respect to the
Mortgage Loans required to be maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s
rights in any Assignments of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under
any indemnities or guaranties given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the
Certificate Administrator’s rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited
in the Collection Account, the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the
Excess Liquidation Proceeds Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s
rights in any environmental indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under
the Mortgage Loan Purchase Agreements to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing
Agreement; (xi) the Lower-Tier Regular Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This
Certificate does not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights,
duties and immunities of the Certificate Administrator and Trustee.

 

As
provided in the Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender
for registration of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the
name of the designated transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate
interest and of the same Class.

 

Prior
to due presentation of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person
in whose name any Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided
in the Pooling and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer,
the Operating Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall
be affected by any notice to the contrary.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer,
the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders,
any of the Uncertificated VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

		(viii)	to
cure any ambiguity to the extent that it does not adversely affect any holders of Certificates or any Uncertificated VRR Interest
Owner;

 

		(ix)	to
                                         correct or supplement any of its provisions which may be inconsistent with any other
                                         provisions of the Pooling and Servicing Agreement or with the description thereof in
                                         the Prospectus or to correct any error;

 

    A-17-5

     

    

 

		(x)	to
                                         change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation
                                         Proceeds Reserve Account, the Excess Interest Distribution Account, the Distribution
                                         Account or any REO Account, provided that (A) the Master Servicer Remittance Date
                                         shall in no event be later than the Business Day prior to the related Distribution Date
                                         and (B) the change would not adversely affect in any material respect the interests
                                         of any Certificateholder or any Uncertificated VRR Interest Owner, as evidenced by an
                                         opinion of counsel (at the expense of the party requesting the amendment);

 

		(xi)	to
                                         modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain
                                         the qualification of any Trust REMIC as a REMIC or the Grantor Trust as a grantor trust
                                         or to avoid or minimize the risk of imposition of any tax on the Trust Fund, provided
                                         that the Trustee and the Certificate Administrator have received an opinion of counsel
                                         (at the expense of the party requesting the amendment) to the effect that (1) the
                                         action is necessary or desirable to maintain such qualification or to avoid or minimize
                                         such risk and (2) the action will not adversely affect in any material respect the interests
                                         of any holder of the Certificates or any Uncertificated VRR Interest Owner, (B) to
                                         restrict (or to remove any existing restrictions with respect to) the transfer of
                                         the Class R Certificates, provided that the Depositor has determined that the amendment
                                         will not give rise to any tax with respect to the transfer of the Class R Certificates
                                         to a non-Permitted Transferee, (C) to the extent necessary to comply with the Investment
                                         Company Act of 1940, as amended, the Exchange Act, Regulation AB, Regulation RR and/or
                                         any related regulatory actions and/or interpretations or (D) in the event that Regulation
                                         RR (or any portion thereof) or any other regulations applicable to the risk retention
                                         requirements for this securitization transaction are amended or repealed, to the extent
                                         required to comply with any such amendment or to modify or eliminate any risk retention
                                         requirements no longer applicable to this securitization transaction in light of such
                                         repeal;

 

		(xii)	to
                                         make any other provisions with respect to matters or questions arising under the Pooling
                                         and Servicing Agreement or any other change, provided that the amendment will
                                         not adversely affect in any material respect the interests of any Certificateholder or
                                         any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(xiii)	to
                                         modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5;
                                         provided that such modification does not increase the obligations of the Trustee,
                                         the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer,
                                         the Master Servicer or the Special Servicer without such party’s consent (which
                                         consent may not be withheld unless such modification would materially adversely affect
                                         such party or materially increase such party’s obligations under the Pooling and
                                         Servicing Agreement); provided, further that notice of such modification
                                         is provided to all parties to the Pooling and Servicing Agreement; and

 

		(xiv)	to
                                         amend or supplement any provision of the Pooling and Servicing Agreement to the extent
                                         necessary to maintain the ratings assigned to each Class of Certificates by any of the
                                         Rating Agencies, provided that the amendment will not adversely affect in any material
                                         respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided,
further that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or
consultation rights or the right to receive information under the Pooling and Servicing Agreement of the Controlling Class Representative
without the consent of the Controlling Class Representative; (B) reduce the consultation rights or the right to receive information
under the Pooling and Servicing Agreement of the Operating Advisor without the consent of the Operating Advisor; (C) change in
any manner the obligations or rights of any Mortgage Loan Seller under the Pooling and Servicing Agreement or the applicable Mortgage
Loan Purchase Agreement without the consent of the affected Mortgage Loan Seller; (D) change in any manner the obligations or
rights of any Underwriter or Initial Purchaser, without the consent of the affected Underwriter or Initial Purchaser; or (E) adversely
affect any Serviced Companion Loan Holder in its capacity as such without its consent. Expenses

 

    A-17-6

     

    

 

incurred with respect to any amendment
shall be borne by the party requesting such amendment, unless the Master Servicer, the Special Servicer or the Trustee is requesting
an amendment for the benefit of the Certificateholders, then in which case such expense will be borne by the Trust.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of
the Depositor, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian
(if the Certificate Administrator is then acting as Custodian), the Certificate Administrator and the Trustee with the consent
of the Holders of Certificates representing not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected
by the amendment for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or of modifying in any manner the rights of the Certificateholders and the Uncertificated
VRR Interest Owners; provided, however, that no such amendment shall:

 

		(ix)	reduce
                                         in any manner the amount of, or delay the timing of, payments received on the Serviced
                                         Loans which are required to be distributed on a Certificate of any Class or the Uncertificated
                                         VRR Interest or to any Serviced Companion Loan Holder, as applicable, without the consent
                                         of the Holder of that Certificate, the Uncertificated VRR Interest Owners or that Serviced
                                         Companion Loan Holder, as applicable,

 

		(x)	reduce
                                         the aforesaid percentage of Certificates of any Class or of the Uncertificated VRR Interest
                                         the Holders (or, in the case of the Uncertificated VRR Interest, the owners) of which
                                         are required to consent to the amendment without the consent of the Holders of all Certificates
                                         of that Class then outstanding or of the Uncertificated VRR Interest Owners, as applicable,

 

		(xi)	change
                                         in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling
                                         and Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent
                                         of the affected Mortgage Loan Seller,

 

		(xii)	change
                                         the definition of “Servicing Standard” without either (A) consent of 100%
                                         of the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency
                                         Confirmation,

 

		(xiii)	without
                                         the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
                                         or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change
                                         (A) the percentages of Voting Rights of Certificateholders that are required to consent
                                         to any action or inaction under the Pooling and Servicing Agreement, (B) the right of
                                         the Certificateholders to remove the Special Servicer pursuant to the Pooling and Servicing
                                         Agreement or (C) the right of the Certificateholders to terminate the Operating Advisor
                                         pursuant to the Pooling and Servicing Agreement,

 

		(xiv)	adversely
                                         affect the Controlling Class Representative without the consent of 100% of the Controlling
                                         Class Certificateholders,

 

		(xv)	adversely
                                         affect a Serviced Companion Loan Holder in its capacity as such without its consent,
                                         or

 

		(xvi)	change
in any manner the obligations or rights of any Underwriter or Initial Purchaser without the consent of the affected Underwriter
or Initial Purchaser.

 

The
Holders of the Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if
such Holders do not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if
none of such Holders, the Special Servicer or the Master Servicer does, any Holders of Class R Certificates representing
greater than a 50% Percentage Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less than
30 days’ prior notice given to the parties (or, if applicable, the other parties) to the Pooling and Servicing Agreement
(whereupon the Master Servicer shall notify the Serviced Companion Loan Holders) any time on or after the Early Termination Notice
Date specifying the Anticipated

 

    A-17-7

     

    

 

Termination Date, by purchasing on such date all, but not less than all, of the Mortgage Loans
(and in the case of any Mortgage Loan that is part of a Serviced Loan Combination, subject to certain rights of the related Serviced
Companion Loan Holder(s) provided for in the related Co-Lender Agreement) then included in the Trust Fund, and all property acquired
by or on behalf of the Trust Fund (including the Trust Fund’s interest in any REO Property acquired with respect to any
Outside Serviced Mortgage Loan) in respect of any Mortgage Loan then included in the Trust Fund, at a purchase price, payable
in cash, equal to (i) the sum of (A) the Termination Purchase Amount and (B) the reasonable out-of-pocket expenses
of the Master Servicer (unless the Master Servicer is the purchaser of such Mortgage Loans), the Special Servicer (unless the
Special Servicer is the purchaser of such Mortgage Loans), the Trustee and the Certificate Administrator, as applicable, with
respect to such termination, minus (ii) solely in the case where the Master Servicer or the Special Servicer is effecting
such purchase, the aggregate amount of unreimbursed Advances, if any, made by the Master Servicer or Special Servicer, as applicable,
together with any interest accrued and payable to the Master Servicer or the Special Servicer, as applicable, in respect of such
Advances and any unpaid Servicing Fees or Special Servicing Fees, as applicable, remaining outstanding (which items will be deemed
to have been paid or reimbursed to the Master Servicer or the Special Servicer, as applicable, in connection with such purchase).

 

Any
Person(s) effecting an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling
Class Representative and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination
by the Holder of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least
30 days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement.

 

The
respective obligations and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor,
the Asset Representations Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement
with respect to the Certificates, the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other
than the obligation to make certain payments and to send certain notices to Certificateholders and the Uncertificated VRR Interest
Owners as set forth in the Pooling and Servicing Agreement and to make any required remittances to the Serviced Companion Loan
Holders in the month in which the final Distribution Date occurs and certain tax-related obligations) shall terminate immediately
following the earlier to occur of (i) the purchase by Holders of the Controlling Class, the Special Servicer, the Master
Servicer or Holders of the Class R Certificates of all the Mortgage Loans and REO Properties (or interests therein) then
included in the Trust Fund pursuant to Section 9.01(c) of the Pooling and Servicing Agreement, (ii) the exchange by the Remaining
Certificateholder of its Certificates and the Uncertificated VRR Interest for all the Mortgage Loans and REO Properties (or interests
therein) then included in the Trust Fund pursuant to Section 9.01(h) of the Pooling and Servicing Agreement and (iii) the
final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan or REO Property (or interest
therein) contained in the Trust Fund; provided, however, that in no event shall the trust created by the Pooling
and Servicing Agreement continue beyond the expiration of twenty-one years from the death of the last survivor of the descendants
of Joseph P. Kennedy, the late ambassador of the United States to the United Kingdom, living on the date of the Pooling and Servicing
Agreement. All such payments as contemplated by the preceding paragraph shall be deposited into the Collection Account by the
Master Servicer or Special Servicer, as applicable, promptly following receipt thereof.

 

Unless
the Certificate of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the
Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing
Agreement or be valid for any purpose.

 

    A-17-8

     

    

 

IN WITNESS WHEREOF,
the Certificate Administrator has caused this Class X-J Certificate to be duly executed.

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized Signatory

 

Dated:  ____________, 2022

 

 

CERTIFICATE
OF AUTHENTICATION

 

This is one of the
Class X-J Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:  ____________, 2022

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely
as Authenticating Agent

	 	 	 
	 	By:	 
	 	 	Authorized Signatory

  

    A-17-9

     

    

 

ASSIGNMENT

 

FOR
VALUE RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto
____________________________________ ______________________________ (please print or typewrite name(s) and address(es),
including postal zip code(s) of assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by
the within Class X-J Certificate and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on the
Certificate Register of the Trust Fund.

 

I (we) further
direct the Certificate Registrar to issue a new Class X-J Certificate of the entire Percentage Interest represented by the
within Class X-J Certificates to the above-named Assignee(s) and to deliver such Class X-J Certificate to the
following address:

 

Date:
_______________

 

		 	Signature by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-17-10

     

    

  

DISTRIBUTION
INSTRUCTIONS

 

The Assignee(s) should
include the following for purposes of distribution:

 

Address of
the Assignee(s) for the purpose of receiving notices and distributions: _______________________________________________________
_____________________________________ Distributions, if being made by wire transfer in immediately available funds to
__________________________ for the account of _________________________________________ account number ____________________________. This
information is provided by ______________________________, the Assignee(s) named above or
____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-17-11

     

    

 

EXHIBIT
A-18

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS D

 

[THIS
CERTIFICATE IS A TEMPORARY REGULATION S GLOBAL CERTIFICATE FOR PURPOSES OF REGULATION S UNDER THE UNITED STATES SECURITIES ACT
OF 1933, AS AMENDED (THE “SECURITIES ACT”). NEITHER THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE NOR ANY INTEREST
HEREIN MAY BE OFFERED, SOLD OR DELIVERED, EXCEPT AS PERMITTED UNDER THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.

 

NO
BENEFICIAL OWNERS OF THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE SHALL BE ENTITLED TO RECEIVE PAYMENTS OF PRINCIPAL OR INTEREST
HEREON UNLESS THE REQUIRED CERTIFICATIONS HAVE BEEN DELIVERED PURSUANT TO THE TERMS OF THE POOLING AND SERVICING AGREEMENT.]1

 

[UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE CERTIFICATE REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER
USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.]2

 

[TRANSFERS
OF THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF
OR SUCH SUCCESSOR’S NOMINEE, AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS
MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.]3

 

THIS
CERTIFICATE DOES NOT REPRESENT AN INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY
TO THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER
(OR ITS REPRESENTATIVE), THE INITIAL PURCHASERS OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE CERTIFICATES NOR THE MORTGAGE
LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

 

PRINCIPAL
PAYMENTS IN RESPECT OF THIS CERTIFICATE ARE DISTRIBUTABLE AS SET FORTH IN THE POOLING AND SERVICING AGREEMENT. ACCORDINGLY, THE
OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

 

DISTRIBUTIONS
OF PRINCIPAL AND INTEREST ON THIS CERTIFICATE ARE SUBORDINATED TO DISTRIBUTIONS OF PRINCIPAL AND INTEREST ON OTHER CLASSES OF
CERTIFICATES OF THE SAME SERIES.

 

 

 

		1	Temporary
Regulation S Global Certificate legend.

 

		2	Legend
required as long as DTC is the Depository under the Pooling and Servicing Agreement.

 

		3	Global
Certificate legend.

 

    A-18-1

     

    

 

THIS
CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”), OR ANY STATE OR FOREIGN SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT THIS CERTIFICATE
MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY (A)(1) PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE
144A”) TO A PERSON THAT THE HOLDER REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER” WITHIN THE MEANING
OF RULE 144A (A “QIB”), OR IS PURCHASING FOR THE ACCOUNT OF A QIB, AND WHOM THE HOLDER HAS INFORMED THAT THE REOFFER,
RESALE, PLEDGE, OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (2) IN AN “OFFSHORE TRANSACTION” TO AN INSTITUTION
THAT IS NOT A “U.S. PERSON”, AS SUCH TERMS ARE DEFINED IN, AND IN ACCORDANCE WITH RULE 903 OR RULE 904 OF, REGULATION
S UNDER THE SECURITIES ACT, OR (3) TO AN INSTITUTIONAL “ACCREDITED INVESTOR” WITHIN THE MEANING OF, OR IN WHICH ALL
THE EQUITY OWNERS COME WITHIN THE MEANING OF, RULE 501(a)(1), (2), (3) OR (7) OF REGULATION D UNDER THE SECURITIES ACT THAT IS
NOT A QIB, AND (B) IN EACH CASE IN ACCORDANCE WITH FEDERAL SECURITIES LAWS AND ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF
THE UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION.

 

THIS
CERTIFICATE REPRESENTS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS
ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

 

    A-18-2

     

    

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS D

 

	Pass-Through
    Rate:  2.50000% per annum	 	 
	 	 	 
	First
    Distribution Date: June 17, 2022	 	Cut-Off
    Date:  With respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage
    Loan or Serviced Companion Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its
    first Due Date subsequent to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage
    Loan or Serviced Companion Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).
	 	 	 
	Aggregate
    Initial Certificate Balance of the Class D Certificates:  $33,296,000	 	Scheduled
    Final Distribution Date: the Distribution Date in May 2032
	 	 	 

	CUSIP:  08163R AS54

                                                                                U0745R
AJ65
 08163R AT36

	 	Initial
    Certificate Balance of this Certificate: $[_____]
	 	 	 
	ISIN:      US08163RAS587

                                         USU0745RAJ698

                                         US08163RAT329

         

        Common
Code:
	 	 
	 	 	 
	No.:  [1]	 	 

 

This
certifies that [           ] is the registered owner of a beneficial ownership
interest in a Trust Fund, including the distributions to be made with respect to the Class D Certificates. The Trust Fund,
described more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily
properties held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master
Servicer and the Special Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage
Loans) are to be serviced, pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate,
by virtue of the acceptance hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and
is bound thereby. In the event that there is any conflict between any provision of this Certificate and any provision of the Pooling
and Servicing Agreement, such provision of this Certificate shall be superseded to the extent of such inconsistency. Also issued
under the Pooling and Servicing

 

 

 

4
For Rule 144A Certificates

 

5
For Regulation S Certificates

 

6
For IAI Certificates

 

7
For Rule 144A Certificates

 

8
For Regulation S Certificates

 

9
For IAI Certificates

 

    A-18-3

     

    

 

Agreement are the Class A-1, Class A-2, Class A-3-1, Class A-4-1, Class A-5,
Class A-SB, Class X-A, Class A-S, Class B, Class C, Class A-3-2, Class A-4-2, Class X-D, Class X-F,
Class X-G, Class X-H, Class X-J, Class E, Class F, Class G, Class H, Class J, Class R, Class S and Class VRR
Certificates (together with the Class D Certificates, the “Certificates”; the Holders of Certificates
are collectively referred to herein as “Certificateholders”) and the Uncertificated VRR Interest.

 

This
Certificate is issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022
(the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor,
KeyBank National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor
and Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington
Trust, National Association, as Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

 

This
Certificate represents a “regular interest” in a “real estate mortgage investment conduit,” as those terms
are defined, respectively, in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended.

 

The
Certificate Administrator makes no representation or warranty as to any of the statements contained herein or the validity or
sufficiency of the Certificates or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate
Administrator under the Pooling and Servicing Agreement.

 

Pursuant
to the terms of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution
on any Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such
date, a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related
Record Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of that portion of the aggregate amount of principal and interest then distributable, if any, with respect to the Class D
Certificates for such Distribution Date, all as more fully described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to a share of Yield Maintenance Charges, as provided in the Pooling and Servicing Agreement.

 

Interest
accrued on this Certificate during an Interest Accrual Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the extent provided in the Pooling and Servicing Agreement.
The “Interest Accrual Period” with respect to any Distribution Date and with respect to the Class D Certificates
is the calendar month preceding the month in which such Distribution Date occurs and is assumed to consist of 30 days.

 

All
distributions (other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons
in whose names the Certificates are registered at the close of business on each Record Date, which will be the last Business Day
of the month preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer
of immediately available funds to the account of such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with
written wiring instructions no less than five (5) Business Days prior to the related Record Date (which wiring instructions may
be in the form of a standing order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder.
The final distribution on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate
at the office of the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting
as such agent) that is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any
funds not distributed on the Termination Date because of the failure of any Certificateholders to tender their Certificates shall
be set aside and held in trust for the account of the appropriate non-tendering Certificateholders, whereupon the Trust Fund shall
terminate. If any Certificates as to which notice of the Termination Date has been given pursuant to Section 9.01 of the Pooling
and Servicing Agreement shall not have been surrendered for cancellation within six months after the time specified in such notice,
the Certificate Administrator shall mail a second notice to the remaining Certificateholders, at their last addresses shown in
the Certificate Register, to surrender their Certificates for cancellation in order to receive, from such funds held, the final
distribution with respect thereto. If within one year after the second notice any Certificate shall not have been

 

    A-18-4

     

    

 

surrendered
for cancellation, the Certificate Administrator may, directly or through an agent, take appropriate steps to contact the remaining
Certificateholders concerning surrender of their Certificates. The costs and expenses of maintaining such funds and of contacting
Certificateholders shall be paid out of the assets which remain held. Subject to applicable state law with respect to escheatment
of funds, if within two years after the second notice any Certificates shall not have been surrendered for cancellation, the Paying
Agent shall pay to the Class R Certificateholders all amounts distributable to the Holders thereof. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such Certificateholder’s failure to surrender its
Certificate(s) for final payment thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.

 

This
Certificate is limited in right of payment to, among other things, certain collections and recoveries in respect of the Mortgage
Loans, as more specifically set forth herein and in the Pooling and Servicing Agreement.

 

As
provided in the Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject
to the Pooling and Servicing Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled payments
on or collections in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage
Loan, the Due Date in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off
Date); (iii) any REO Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the
Trust’s interest in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but, with
respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan
Combination); (v) the Master Servicer’s and the Trustee’s rights under the insurance policies with respect to the
Mortgage Loans required to be maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s
rights in any Assignments of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under
any indemnities or guaranties given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the
Certificate Administrator’s rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited
in the Collection Account, the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the
Excess Liquidation Proceeds Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s
rights in any environmental indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under
the Mortgage Loan Purchase Agreements to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing
Agreement; (xi) the Lower-Tier Regular Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This
Certificate does not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights,
duties and immunities of the Certificate Administrator and Trustee.

 

As
provided in the Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender
for registration of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the
name of the designated transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate
interest and of the same Class.

 

Prior
to due presentation of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person
in whose name any Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided
in the Pooling and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer,
the Operating Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall
be affected by any notice to the contrary.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer,
the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders,
any of the Uncertificated VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

		(i)	to
                                         cure any ambiguity to the extent that it does not adversely affect any holders of Certificates
                                         or any Uncertificated VRR Interest Owner;

 

    A-18-5

     

    

 

		(ii)	to
                                         correct or supplement any of its provisions which may be inconsistent with any other
                                         provisions of the Pooling and Servicing Agreement or with the description thereof in
                                         the Prospectus or to correct any error;

 

		(iii)	to
                                         change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation
                                         Proceeds Reserve Account, the Excess Interest Distribution Account, the Distribution
                                         Account or any REO Account, provided that (A) the Master Servicer Remittance Date
                                         shall in no event be later than the Business Day prior to the related Distribution Date
                                         and (B) the change would not adversely affect in any material respect the interests
                                         of any Certificateholder or any Uncertificated VRR Interest Owner, as evidenced by an
                                         opinion of counsel (at the expense of the party requesting the amendment);

 

		(iv)	to
                                         modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain
                                         the qualification of any Trust REMIC as a REMIC or the Grantor Trust as a grantor trust
                                         or to avoid or minimize the risk of imposition of any tax on the Trust Fund, provided
                                         that the Trustee and the Certificate Administrator have received an opinion of counsel
                                         (at the expense of the party requesting the amendment) to the effect that (1) the
                                         action is necessary or desirable to maintain such qualification or to avoid or minimize
                                         such risk and (2) the action will not adversely affect in any material respect the interests
                                         of any holder of the Certificates or any Uncertificated VRR Interest Owner, (B) to
                                         restrict (or to remove any existing restrictions with respect to) the transfer of
                                         the Class R Certificates, provided that the Depositor has determined that the amendment
                                         will not give rise to any tax with respect to the transfer of the Class R Certificates
                                         to a non-Permitted Transferee, (C) to the extent necessary to comply with the Investment
                                         Company Act of 1940, as amended, the Exchange Act, Regulation AB, Regulation RR and/or
                                         any related regulatory actions and/or interpretations or (D) in the event that Regulation
                                         RR (or any portion thereof) or any other regulations applicable to the risk retention
                                         requirements for this securitization transaction are amended or repealed, to the extent
                                         required to comply with any such amendment or to modify or eliminate any risk retention
                                         requirements no longer applicable to this securitization transaction in light of such
                                         repeal;

 

		(v)	to
                                         make any other provisions with respect to matters or questions arising under the Pooling
                                         and Servicing Agreement or any other change, provided that the amendment will
                                         not adversely affect in any material respect the interests of any Certificateholder or
                                         any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(vi)	to
                                         modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5;
                                         provided that such modification does not increase the obligations of the Trustee,
                                         the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer,
                                         the Master Servicer or the Special Servicer without such party’s consent (which
                                         consent may not be withheld unless such modification would materially adversely affect
                                         such party or materially increase such party’s obligations under the Pooling and
                                         Servicing Agreement); provided, further that notice of such modification
                                         is provided to all parties to the Pooling and Servicing Agreement; and

 

		(vii)	to
                                         amend or supplement any provision of the Pooling and Servicing Agreement to the extent
                                         necessary to maintain the ratings assigned to each Class of Certificates by any of the
                                         Rating Agencies, provided that the amendment will not adversely affect in any material
                                         respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided,
further that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or consultation
rights or the right to receive information under the Pooling and Servicing Agreement of the Controlling Class Representative without
the consent of the Controlling Class Representative; (B) reduce the consultation rights or the right to receive information under
the Pooling and Servicing Agreement of the Operating Advisor without the consent of the Operating Advisor; (C) change in any manner
the obligations or rights of any

 

    A-18-6

     

    

 

Mortgage Loan Seller under the Pooling and Servicing Agreement or the applicable Mortgage Loan
Purchase Agreement without the consent of the affected Mortgage Loan Seller; (D) change in any manner the obligations or
rights of any Underwriter or Initial Purchaser, without the consent of the affected Underwriter or Initial Purchaser; or (E) adversely
affect any Serviced Companion Loan Holder in its capacity as such without its consent. Expenses incurred with respect to any amendment
shall be borne by the party requesting such amendment, unless the Master Servicer, the Special Servicer or the Trustee is requesting
an amendment for the benefit of the Certificateholders, then in which case such expense will be borne by the Trust.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of
the Depositor, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian
(if the Certificate Administrator is then acting as Custodian), the Certificate Administrator and the Trustee with the consent
of the Holders of Certificates representing not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected
by the amendment for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or of modifying in any manner the rights of the Certificateholders and the Uncertificated
VRR Interest Owners; provided, however, that no such amendment shall:

 

		(i)	reduce
                                         in any manner the amount of, or delay the timing of, payments received on the Serviced
                                         Loans which are required to be distributed on a Certificate of any Class or the Uncertificated
                                         VRR Interest or to any Serviced Companion Loan Holder, as applicable, without the consent
                                         of the Holder of that Certificate, the Uncertificated VRR Interest Owners or that Serviced
                                         Companion Loan Holder, as applicable,

 

		(ii)	reduce
                                         the aforesaid percentage of Certificates of any Class or of the Uncertificated VRR Interest
                                         the Holders (or, in the case of the Uncertificated VRR Interest, the owners) of which
                                         are required to consent to the amendment without the consent of the Holders of all Certificates
                                         of that Class then outstanding or of the Uncertificated VRR Interest Owners, as applicable,

 

		(iii)	change
                                         in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling
                                         and Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent
                                         of the affected Mortgage Loan Seller,

 

		(iv)	change
                                         the definition of “Servicing Standard” without either (A) consent of 100%
                                         of the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency
                                         Confirmation,

 

		(v)	without
                                         the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
                                         or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change
                                         (A) the percentages of Voting Rights of Certificateholders that are required to consent
                                         to any action or inaction under the Pooling and Servicing Agreement, (B) the right of
                                         the Certificateholders to remove the Special Servicer pursuant to the Pooling and Servicing
                                         Agreement or (C) the right of the Certificateholders to terminate the Operating Advisor
                                         pursuant to the Pooling and Servicing Agreement,

 

		(vi)	adversely
                                         affect the Controlling Class Representative without the consent of 100% of the Controlling
                                         Class Certificateholders,

 

		(vii)	adversely
                                         affect a Serviced Companion Loan Holder in its capacity as such without its consent,
                                         or

 

		(viii)	change
                                         in any manner the obligations or rights of any Underwriter or Initial Purchaser without
                                         the consent of the affected Underwriter or Initial Purchaser.

 

The
Holders of the Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if
such Holders do not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if
none of such Holders, the Special Servicer or the Master Servicer does, any Holders of

 

    A-18-7

     

    

 

Class R Certificates representing
greater than a 50% Percentage Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less than
30 days’ prior notice given to the parties (or, if applicable, the other parties) to the Pooling and Servicing Agreement
(whereupon the Master Servicer shall notify the Serviced Companion Loan Holders) any time on or after the Early Termination Notice
Date specifying the Anticipated Termination Date, by purchasing on such date all, but not less than all, of the Mortgage Loans
(and in the case of any Mortgage Loan that is part of a Serviced Loan Combination, subject to certain rights of the related Serviced
Companion Loan Holder(s) provided for in the related Co-Lender Agreement) then included in the Trust Fund, and all property acquired
by or on behalf of the Trust Fund (including the Trust Fund’s interest in any REO Property acquired with respect to any
Outside Serviced Mortgage Loan) in respect of any Mortgage Loan then included in the Trust Fund, at a purchase price, payable
in cash, equal to (i) the sum of (A) the Termination Purchase Amount and (B) the reasonable out-of-pocket expenses
of the Master Servicer (unless the Master Servicer is the purchaser of such Mortgage Loans), the Special Servicer (unless the
Special Servicer is the purchaser of such Mortgage Loans), the Trustee and the Certificate Administrator, as applicable, with
respect to such termination, minus (ii) solely in the case where the Master Servicer or the Special Servicer is effecting
such purchase, the aggregate amount of unreimbursed Advances, if any, made by the Master Servicer or Special Servicer, as applicable,
together with any interest accrued and payable to the Master Servicer or the Special Servicer, as applicable, in respect of such
Advances and any unpaid Servicing Fees or Special Servicing Fees, as applicable, remaining outstanding (which items will be deemed
to have been paid or reimbursed to the Master Servicer or the Special Servicer, as applicable, in connection with such purchase).

 

Any
Person(s) effecting an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling
Class Representative and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination
by the Holder of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least
30 days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement.

 

The
respective obligations and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor,
the Asset Representations Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement
with respect to the Certificates, the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other
than the obligation to make certain payments and to send certain notices to Certificateholders and the Uncertificated VRR Interest
Owners as set forth in the Pooling and Servicing Agreement and to make any required remittances to the Serviced Companion Loan
Holders in the month in which the final Distribution Date occurs and certain tax-related obligations) shall terminate immediately
following the earlier to occur of (i) the purchase by Holders of the Controlling Class, the Special Servicer, the Master
Servicer or Holders of the Class R Certificates of all the Mortgage Loans and REO Properties (or interests therein) then
included in the Trust Fund pursuant to Section 9.01(c) of the Pooling and Servicing Agreement, (ii) the exchange by the Remaining
Certificateholder of its Certificates and the Uncertificated VRR Interest for all the Mortgage Loans and REO Properties (or interests
therein) then included in the Trust Fund pursuant to Section 9.01(h) of the Pooling and Servicing Agreement and (iii) the
final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan or REO Property (or interest
therein) contained in the Trust Fund; provided, however, that in no event shall the trust created by the Pooling
and Servicing Agreement continue beyond the expiration of twenty-one years from the death of the last survivor of the descendants
of Joseph P. Kennedy, the late ambassador of the United States to the United Kingdom, living on the date of the Pooling and Servicing
Agreement. All such payments as contemplated by the preceding paragraph shall be deposited into the Collection Account by the
Master Servicer or Special Servicer, as applicable, promptly following receipt thereof.

 

Unless
the Certificate of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the
Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing
Agreement or be valid for any purpose.

 

    A-18-8

     

    

 

IN WITNESS WHEREOF,
the Certificate Administrator has caused this Class D Certificate to be duly executed.

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized Signatory

 

Dated:  ____________, 2022

 

 

CERTIFICATE
OF AUTHENTICATION

 

This is one of the
Class D Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:  ____________, 2022

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely
as Authenticating Agent

	 	 	 
	 	By:	 
	 	 	Authorized Signatory

  

    A-18-9

     

    

 

ASSIGNMENT

 

FOR VALUE
RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto ____________________________________
______________________________ (please print or typewrite name(s) and address(es), including postal zip code(s) of
assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by the within Class D Certificate
and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on the Certificate Register of the Trust
Fund.

 

I (we) further direct
the Certificate Registrar to issue a new Class D Certificate of the entire Percentage Interest represented by the within Class
D Certificates to the above-named Assignee(s) and to deliver such Class D Certificate to the following address:

 

Date:
_______________

 

		 	Signature by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-18-10

     

    

  

DISTRIBUTION
INSTRUCTIONS

 

The Assignee(s) should
include the following for purposes of distribution:

 

Address of
the Assignee(s) for the purpose of receiving notices and distributions: _______________________________________________________
_____________________________________ Distributions, if being made by wire transfer in immediately available funds to
__________________________ for the account of _________________________________________ account number ____________________________. This
information is provided by ______________________________, the Assignee(s) named above or
____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-18-11

     

    

 

EXHIBIT
A-19

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS E

 

[THIS
CERTIFICATE IS A TEMPORARY REGULATION S GLOBAL CERTIFICATE FOR PURPOSES OF REGULATION S UNDER THE UNITED STATES SECURITIES ACT
OF 1933, AS AMENDED (THE “SECURITIES ACT”). NEITHER THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE NOR ANY INTEREST
HEREIN MAY BE OFFERED, SOLD OR DELIVERED, EXCEPT AS PERMITTED UNDER THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.

 

NO
BENEFICIAL OWNERS OF THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE SHALL BE ENTITLED TO RECEIVE PAYMENTS OF PRINCIPAL OR INTEREST
HEREON UNLESS THE REQUIRED CERTIFICATIONS HAVE BEEN DELIVERED PURSUANT TO THE TERMS OF THE POOLING AND SERVICING AGREEMENT.]1

 

[UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE CERTIFICATE REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER
USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.]2

 

[TRANSFERS
OF THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF
OR SUCH SUCCESSOR’S NOMINEE, AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS
MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.]3

 

THIS
CERTIFICATE DOES NOT REPRESENT AN INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY
TO THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER
(OR ITS REPRESENTATIVE), THE initial purchasers OR ANY OF THEIR RESPECTIVE AFFILIATES.
NEITHER THE CERTIFICATES NOR THE MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL AGENCY OR INSTRUMENTALITY OR PRIVATE
INSURER.

 

PRINCIPAL
PAYMENTS IN RESPECT OF THIS CERTIFICATE ARE DISTRIBUTABLE AS SET FORTH IN THE POOLING AND SERVICING AGREEMENT. ACCORDINGLY, THE
OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

 

DISTRIBUTIONS
OF PRINCIPAL AND INTEREST ON THIS CERTIFICATE ARE SUBORDINATED TO DISTRIBUTIONS OF PRINCIPAL AND INTEREST ON OTHER CLASSES OF
CERTIFICATES OF THE SAME SERIES.

 

 

 

		1	Temporary
Regulation S Global Certificate legend.

 

		2	Legend
required as long as DTC is the Depository under the Pooling and Servicing Agreement.

 

		3	Global
Certificate legend.

 

    A-19-1

     

    

 

THIS
CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”), OR ANY STATE OR FOREIGN SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT THIS CERTIFICATE
MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY (A)(1) PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE
144A”) TO A PERSON THAT THE HOLDER REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER” WITHIN THE MEANING
OF RULE 144A (A “QIB”), OR IS PURCHASING FOR THE ACCOUNT OF A QIB, AND WHOM THE HOLDER HAS INFORMED THAT THE REOFFER,
RESALE, PLEDGE, OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (2) IN AN “OFFSHORE TRANSACTION” TO AN INSTITUTION
THAT IS NOT A “U.S. PERSON”, AS SUCH TERMS ARE DEFINED IN, AND IN ACCORDANCE WITH RULE 903 OR RULE 904 OF, REGULATION
S UNDER THE SECURITIES ACT, OR (3) TO AN INSTITUTIONAL “ACCREDITED INVESTOR” WITHIN THE MEANING OF, OR IN WHICH ALL
THE EQUITY OWNERS COME WITHIN THE MEANING OF, RULE 501(a)(1), (2), (3) OR (7) OF REGULATION D UNDER THE SECURITIES ACT THAT IS
NOT A QIB, AND (B) IN EACH CASE IN ACCORDANCE WITH FEDERAL SECURITIES LAWS AND ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF
THE UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION.

 

THIS
CERTIFICATE REPRESENTS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS
ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

 

    A-19-2

     

    

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS E

 

	Pass-Through
    Rate:  2.50000% per annum	 	 
	 	 	 
	First
    Distribution Date: June 17, 2022	 	Cut-Off
    Date:  With respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage
    Loan or Serviced Companion Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its
    first Due Date subsequent to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage
    Loan or Serviced Companion Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).
	 	 	 
	Aggregate
    Initial Certificate Balance of the Class E Certificates: $26,637,000	 	Scheduled
    Final Distribution Date: the Distribution Date in May 2032
	 	 	 

	CUSIP:  08163R AU04

                                                                     U0745R
AK35
 08163R AV86
	 	Initial
    Certificate Balance of this Certificate: $[_____]
	 	 	 
	ISIN:      US08163RAU057

                                         USU0745RAK338

                                         US08163RAV879

         
	 	 
	Common
    Code:	 	 
	 	 	 
	No.:  [1]	 	 

 

This
certifies that [           ] is the registered owner of a beneficial ownership
interest in a Trust Fund, including the distributions to be made with respect to the Class E Certificates. The Trust Fund,
described more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily
properties held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master
Servicer and the Special Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage
Loans) are to be serviced, pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate,
by virtue of the acceptance hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and
is bound thereby. In the event that there is any conflict between any provision of this Certificate and any provision of the Pooling
and Servicing Agreement, such provision of this Certificate shall be superseded to the extent of such inconsistency. Also issued
under the Pooling and Servicing

 

 

 

4
For Rule 144A Certificates

 

5
For Regulation S Certificates

 

6
For IAI Certificates

 

7
For Rule 144A Certificates

 

8
For Regulation S Certificates

 

9
For IAI Certificates

 

    A-19-3

     

    

 

Agreement are the Class A-1, Class A-2, Class A-3-1, Class A-4-1, Class A-5,
Class A-SB, Class X-A, Class A-S, Class B, Class C, Class A-3-2, Class A-4-2, Class X-D, Class X-F,
Class X-G, Class X-H, Class X-J, Class D, Class F, Class G, Class H, Class J, Class R, Class S and Class VRR
Certificates (together with the Class E Certificates, the “Certificates”; the Holders of Certificates
are collectively referred to herein as “Certificateholders”) and the Uncertificated VRR Interest.

 

This
Certificate is issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022
(the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor,
KeyBank National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor
and Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington
Trust, National Association, as Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

 

This
Certificate represents a “regular interest” in a “real estate mortgage investment conduit,” as those terms
are defined, respectively, in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended.

 

The
Certificate Administrator makes no representation or warranty as to any of the statements contained herein or the validity or
sufficiency of the Certificates or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate
Administrator under the Pooling and Servicing Agreement.

 

Pursuant
to the terms of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution
on any Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such
date, a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related
Record Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of that portion of the aggregate amount of principal and interest then distributable, if any, with respect to the Class E
Certificates for such Distribution Date, all as more fully described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to a share of Yield Maintenance Charges, as provided in the Pooling and Servicing Agreement.

 

Interest
accrued on this Certificate during an Interest Accrual Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the extent provided in the Pooling and Servicing Agreement.
The “Interest Accrual Period” with respect to any Distribution Date and with respect to the Class E Certificates
is the calendar month preceding the month in which such Distribution Date occurs and is assumed to consist of 30 days.

 

All
distributions (other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons
in whose names the Certificates are registered at the close of business on each Record Date, which will be the last Business Day
of the month preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer
of immediately available funds to the account of such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with
written wiring instructions no less than five (5) Business Days prior to the related Record Date (which wiring instructions may
be in the form of a standing order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder.
The final distribution on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate
at the office of the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting
as such agent) that is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any
funds not distributed on the Termination Date because of the failure of any Certificateholders to tender their Certificates shall
be set aside and held in trust for the account of the appropriate non-tendering Certificateholders, whereupon the Trust Fund shall
terminate. If any Certificates as to which notice of the Termination Date has been given pursuant to Section 9.01 of the Pooling
and Servicing Agreement shall not have been surrendered for cancellation within six months after the time specified in such notice,
the Certificate Administrator shall mail a second notice to the remaining Certificateholders, at their last addresses shown in
the Certificate Register, to surrender their Certificates for cancellation in order to receive, from such funds held, the final
distribution with respect thereto. If within one year after the second notice any Certificate shall not have been

 

    A-19-4

     

    

 

surrendered
for cancellation, the Certificate Administrator may, directly or through an agent, take appropriate steps to contact the remaining
Certificateholders concerning surrender of their Certificates. The costs and expenses of maintaining such funds and of contacting
Certificateholders shall be paid out of the assets which remain held. Subject to applicable state law with respect to escheatment
of funds, if within two years after the second notice any Certificates shall not have been surrendered for cancellation, the Paying
Agent shall pay to the Class R Certificateholders all amounts distributable to the Holders thereof. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such Certificateholder’s failure to surrender its
Certificate(s) for final payment thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.

 

This
Certificate is limited in right of payment to, among other things, certain collections and recoveries in respect of the Mortgage
Loans, as more specifically set forth herein and in the Pooling and Servicing Agreement.

 

As
provided in the Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject
to the Pooling and Servicing Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled payments
on or collections in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage
Loan, the Due Date in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off
Date); (iii) any REO Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the
Trust’s interest in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but, with
respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan
Combination); (v) the Master Servicer’s and the Trustee’s rights under the insurance policies with respect to the
Mortgage Loans required to be maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s
rights in any Assignments of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under
any indemnities or guaranties given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the
Certificate Administrator’s rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited
in the Collection Account, the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the
Excess Liquidation Proceeds Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s
rights in any environmental indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under
the Mortgage Loan Purchase Agreements to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing
Agreement; (xi) the Lower-Tier Regular Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This
Certificate does not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights,
duties and immunities of the Certificate Administrator and Trustee.

 

As
provided in the Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender
for registration of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the
name of the designated transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate
interest and of the same Class.

 

Prior
to due presentation of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person
in whose name any Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided
in the Pooling and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer,
the Operating Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall
be affected by any notice to the contrary.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer,
the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders,
any of the Uncertificated VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

		(i)	to
                                         cure any ambiguity to the extent that it does not adversely affect any holders of Certificates
                                         or any Uncertificated VRR Interest Owner;

 

    A-19-5

     

    

 

		(ii)	to
                                         correct or supplement any of its provisions which may be inconsistent with any other
                                         provisions of the Pooling and Servicing Agreement or with the description thereof in
                                         the Prospectus or to correct any error;

 

		(iii)	to
                                         change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation
                                         Proceeds Reserve Account, the Excess Interest Distribution Account, the Distribution
                                         Account or any REO Account, provided that (A) the Master Servicer Remittance Date
                                         shall in no event be later than the Business Day prior to the related Distribution Date
                                         and (B) the change would not adversely affect in any material respect the interests
                                         of any Certificateholder or any Uncertificated VRR Interest Owner, as evidenced by an
                                         opinion of counsel (at the expense of the party requesting the amendment);

 

		(iv)	to
                                         modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain
                                         the qualification of any Trust REMIC as a REMIC or the Grantor Trust as a grantor trust
                                         or to avoid or minimize the risk of imposition of any tax on the Trust Fund, provided
                                         that the Trustee and the Certificate Administrator have received an opinion of counsel
                                         (at the expense of the party requesting the amendment) to the effect that (1) the
                                         action is necessary or desirable to maintain such qualification or to avoid or minimize
                                         such risk and (2) the action will not adversely affect in any material respect the interests
                                         of any holder of the Certificates or any Uncertificated VRR Interest Owner, (B) to
                                         restrict (or to remove any existing restrictions with respect to) the transfer of
                                         the Class R Certificates, provided that the Depositor has determined that the amendment
                                         will not give rise to any tax with respect to the transfer of the Class R Certificates
                                         to a non-Permitted Transferee, (C) to the extent necessary to comply with the Investment
                                         Company Act of 1940, as amended, the Exchange Act, Regulation AB, Regulation RR and/or
                                         any related regulatory actions and/or interpretations or (D) in the event that Regulation
                                         RR (or any portion thereof) or any other regulations applicable to the risk retention
                                         requirements for this securitization transaction are amended or repealed, to the extent
                                         required to comply with any such amendment or to modify or eliminate any risk retention
                                         requirements no longer applicable to this securitization transaction in light of such
                                         repeal;

 

		(v)	to
                                         make any other provisions with respect to matters or questions arising under the Pooling
                                         and Servicing Agreement or any other change, provided that the amendment will
                                         not adversely affect in any material respect the interests of any Certificateholder or
                                         any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(vi)	to
                                         modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5;
                                         provided that such modification does not increase the obligations of the Trustee,
                                         the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer,
                                         the Master Servicer or the Special Servicer without such party’s consent (which
                                         consent may not be withheld unless such modification would materially adversely affect
                                         such party or materially increase such party’s obligations under the Pooling and
                                         Servicing Agreement); provided, further that notice of such modification
                                         is provided to all parties to the Pooling and Servicing Agreement; and

 

		(vii)	to
                                         amend or supplement any provision of the Pooling and Servicing Agreement to the extent
                                         necessary to maintain the ratings assigned to each Class of Certificates by any of the
                                         Rating Agencies, provided that the amendment will not adversely affect in any material
                                         respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided,
further that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or consultation
rights or the right to receive information under the Pooling and Servicing Agreement of the Controlling Class Representative without
the consent of the Controlling Class Representative; (B) reduce the consultation rights or the right to receive information under
the Pooling and Servicing Agreement of the Operating Advisor without the consent of the Operating Advisor; (C) change in any manner
the obligations or rights of any

 

    A-19-6

     

    

 

Mortgage Loan Seller under the Pooling and Servicing Agreement or the applicable Mortgage Loan
Purchase Agreement without the consent of the affected Mortgage Loan Seller; (D) change in any manner the obligations or
rights of any Underwriter or Initial Purchaser, without the consent of the affected Underwriter or Initial Purchaser; or (E) adversely
affect any Serviced Companion Loan Holder in its capacity as such without its consent. Expenses incurred with respect to any amendment
shall be borne by the party requesting such amendment, unless the Master Servicer, the Special Servicer or the Trustee is requesting
an amendment for the benefit of the Certificateholders, then in which case such expense will be borne by the Trust.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of
the Depositor, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian
(if the Certificate Administrator is then acting as Custodian), the Certificate Administrator and the Trustee with the consent
of the Holders of Certificates representing not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected
by the amendment for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or of modifying in any manner the rights of the Certificateholders and the Uncertificated
VRR Interest Owners; provided, however, that no such amendment shall:

 

		(i)	reduce
                                         in any manner the amount of, or delay the timing of, payments received on the Serviced
                                         Loans which are required to be distributed on a Certificate of any Class or the Uncertificated
                                         VRR Interest or to any Serviced Companion Loan Holder, as applicable, without the consent
                                         of the Holder of that Certificate, the Uncertificated VRR Interest Owners or that Serviced
                                         Companion Loan Holder, as applicable,

 

		(ii)	reduce
                                         the aforesaid percentage of Certificates of any Class or of the Uncertificated VRR Interest
                                         the Holders (or, in the case of the Uncertificated VRR Interest, the owners) which are
                                         required to consent to the amendment without the consent of the Holders of all Certificates
                                         of that Class then outstanding or of the Uncertificated VRR Interest Owners, as applicable

 

		(iii)	change
                                         in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling
                                         and Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent
                                         of the affected Mortgage Loan Seller,

 

		(iv)	change
                                         the definition of “Servicing Standard” without either (A) consent of 100%
                                         of the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency
                                         Confirmation,

 

		(v)	without
                                         the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
                                         or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change
                                         (A) the percentages of Voting Rights of Certificateholders that are required to consent
                                         to any action or inaction under the Pooling and Servicing Agreement, (B) the right of
                                         the Certificateholders to remove the Special Servicer pursuant to the Pooling and Servicing
                                         Agreement or (C) the right of the Certificateholders to terminate the Operating Advisor
                                         pursuant to the Pooling and Servicing Agreement,

 

		(vi)	adversely
                                         affect the Controlling Class Representative without the consent of 100% of the Controlling
                                         Class Certificateholders,

 

		(vii)	adversely
                                         affect a Serviced Companion Loan Holder in its capacity as such without its consent,
                                         or

 

		(viii)	change
                                         in any manner the obligations or rights of any Underwriter or Initial Purchaser without
                                         the consent of the affected Underwriter or Initial Purchaser.

 

The
Holders of the Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if
such Holders do not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if
none of such Holders, the Special Servicer or the Master Servicer does, any Holders of

 

    A-19-7

     

    

 

Class R Certificates representing
greater than a 50% Percentage Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less than
30 days’ prior notice given to the parties (or, if applicable, the other parties) to the Pooling and Servicing Agreement
(whereupon the Master Servicer shall notify the Serviced Companion Loan Holders) any time on or after the Early Termination Notice
Date specifying the Anticipated Termination Date, by purchasing on such date all, but not less than all, of the Mortgage Loans
(and in the case of any Mortgage Loan that is part of a Serviced Loan Combination, subject to certain rights of the related Serviced
Companion Loan Holder(s) provided for in the related Co-Lender Agreement) then included in the Trust Fund, and all property acquired
by or on behalf of the Trust Fund (including the Trust Fund’s interest in any REO Property acquired with respect to any
Outside Serviced Mortgage Loan) in respect of any Mortgage Loan then included in the Trust Fund, at a purchase price, payable
in cash, equal to (i) the sum of (A) the Termination Purchase Amount and (B) the reasonable out-of-pocket expenses
of the Master Servicer (unless the Master Servicer is the purchaser of such Mortgage Loans), the Special Servicer (unless the
Special Servicer is the purchaser of such Mortgage Loans), the Trustee and the Certificate Administrator, as applicable, with
respect to such termination, minus (ii) solely in the case where the Master Servicer or the Special Servicer is effecting
such purchase, the aggregate amount of unreimbursed Advances, if any, made by the Master Servicer or Special Servicer, as applicable,
together with any interest accrued and payable to the Master Servicer or the Special Servicer, as applicable, in respect of such
Advances and any unpaid Servicing Fees or Special Servicing Fees, as applicable, remaining outstanding (which items will be deemed
to have been paid or reimbursed to the Master Servicer or the Special Servicer, as applicable, in connection with such purchase).

 

Any
Person(s) effecting an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling
Class Representative and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination
by the Holder of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least
30 days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement.

 

The
respective obligations and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor,
the Asset Representations Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement
with respect to the Certificates, the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other
than the obligation to make certain payments and to send certain notices to Certificateholders and the Uncertificated VRR Interest
Owners as set forth in the Pooling and Servicing Agreement and to make any required remittances to the Serviced Companion Loan
Holders in the month in which the final Distribution Date occurs and certain tax-related obligations) shall terminate immediately
following the earlier to occur of (i) the purchase by Holders of the Controlling Class, the Special Servicer, the Master
Servicer or Holders of the Class R Certificates of all the Mortgage Loans and REO Properties (or interests therein) then
included in the Trust Fund pursuant to Section 9.01(c) of the Pooling and Servicing Agreement, (ii) the exchange by the Remaining
Certificateholder of its Certificates and the Uncertificated VRR Interest for all the Mortgage Loans and REO Properties (or interests
therein) then included in the Trust Fund pursuant to Section 9.01(h) of the Pooling and Servicing Agreement and (iii) the
final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan or REO Property (or interest
therein) contained in the Trust Fund; provided, however, that in no event shall the trust created by the Pooling
and Servicing Agreement continue beyond the expiration of twenty-one years from the death of the last survivor of the descendants
of Joseph P. Kennedy, the late ambassador of the United States to the United Kingdom, living on the date of the Pooling and Servicing
Agreement. All such payments as contemplated by the preceding paragraph shall be deposited into the Collection Account by the
Master Servicer or Special Servicer, as applicable, promptly following receipt thereof.

 

Unless
the Certificate of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the
Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing
Agreement or be valid for any purpose.

 

    A-19-8

     

    

 

IN WITNESS WHEREOF,
the Certificate Administrator has caused this Class E Certificate to be duly executed.

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized Signatory

 

Dated:  ____________, 2022

 

 

CERTIFICATE
OF AUTHENTICATION

 

This is one of the
Class E Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:  ____________, 2022

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely
as Authenticating Agent

	 	 	 
	 	By:	 
	 	 	Authorized Signatory

  

    A-19-9

     

    

 

ASSIGNMENT

 

FOR VALUE
RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto ____________________________________
______________________________ (please print or typewrite name(s) and address(es), including postal zip code(s) of
assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by the within Class E Certificate
and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on the Certificate Register of the Trust
Fund.

 

I (we) further direct
the Certificate Registrar to issue a new Class E Certificate of the entire Percentage Interest represented by the within Class
E Certificates to the above-named Assignee(s) and to deliver such Class E Certificate to the following address:

 

Date:
_______________

 

		 	Signature by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-19-10

     

    

  

DISTRIBUTION
INSTRUCTIONS

 

The Assignee(s) should
include the following for purposes of distribution:

 

Address of
the Assignee(s) for the purpose of receiving notices and distributions: _______________________________________________________
_____________________________________ Distributions, if being made by wire transfer in immediately available funds to
__________________________ for the account of _________________________________________ account number ____________________________. This
information is provided by ______________________________, the Assignee(s) named above or
____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-19-11

     

    

 

EXHIBIT
A-20

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS F

 

[THIS
CERTIFICATE IS A TEMPORARY REGULATION S GLOBAL CERTIFICATE FOR PURPOSES OF REGULATION S UNDER THE UNITED STATES SECURITIES ACT
OF 1933, AS AMENDED (THE “SECURITIES ACT”). NEITHER THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE NOR ANY INTEREST
HEREIN MAY BE OFFERED, SOLD OR DELIVERED, EXCEPT AS PERMITTED UNDER THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.

 

NO
BENEFICIAL OWNERS OF THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE SHALL BE ENTITLED TO RECEIVE PAYMENTS OF PRINCIPAL OR INTEREST
HEREON UNLESS THE REQUIRED CERTIFICATIONS HAVE BEEN DELIVERED PURSUANT TO THE TERMS OF THE POOLING AND SERVICING AGREEMENT.]1

 

[UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE CERTIFICATE REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER
USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.]2

 

[TRANSFERS
OF THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF
OR SUCH SUCCESSOR’S NOMINEE, AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS
MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.]3

 

THIS
CERTIFICATE DOES NOT REPRESENT AN INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY
TO THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER
(OR ITS REPRESENTATIVE), THE initial purchasers OR ANY OF THEIR RESPECTIVE AFFILIATES.
NEITHER THE CERTIFICATES NOR THE MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL AGENCY OR INSTRUMENTALITY OR PRIVATE
INSURER.

 

PRINCIPAL
PAYMENTS IN RESPECT OF THIS CERTIFICATE ARE DISTRIBUTABLE AS SET FORTH IN THE POOLING AND SERVICING AGREEMENT. ACCORDINGLY, THE
OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

 

DISTRIBUTIONS
OF PRINCIPAL AND INTEREST ON THIS CERTIFICATE ARE SUBORDINATED TO DISTRIBUTIONS OF PRINCIPAL AND INTEREST ON OTHER CLASSES OF
CERTIFICATES OF THE SAME SERIES.

 

 

 

		1	Temporary
Regulation S Global Certificate legend.

 

		2	Legend
required as long as DTC is the Depository under the Pooling and Servicing Agreement.

 

		3	Global
Certificate legend.

 

    A-20-1

     

    

 

THIS
CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”), OR ANY STATE OR FOREIGN SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT THIS CERTIFICATE
MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY (A)(1) PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE
144A”) TO A PERSON THAT THE HOLDER REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER” WITHIN THE MEANING
OF RULE 144A (A “QIB”), OR IS PURCHASING FOR THE ACCOUNT OF A QIB, AND WHOM THE HOLDER HAS INFORMED THAT THE REOFFER,
RESALE, PLEDGE, OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (2) IN AN “OFFSHORE TRANSACTION” TO AN INSTITUTION
THAT IS NOT A “U.S. PERSON”, AS SUCH TERMS ARE DEFINED IN, AND IN ACCORDANCE WITH RULE 903 OR RULE 904 OF, REGULATION
S UNDER THE SECURITIES ACT, OR (3) TO AN INSTITUTIONAL “ACCREDITED INVESTOR” WITHIN THE MEANING OF, OR IN WHICH ALL
THE EQUITY OWNERS COME WITHIN THE MEANING OF, RULE 501(a)(1), (2), (3) OR (7) OF REGULATION D UNDER THE SECURITIES ACT THAT IS
NOT A QIB, AND (B) IN EACH CASE IN ACCORDANCE WITH FEDERAL SECURITIES LAWS AND ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF
THE UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION.

 

THIS
CERTIFICATE MAY NOT BE PURCHASED BY OR PLEDGED, SOLD OR OTHERWISE TRANSFERRED TO ANY PERSON THAT IS OR BECOMES (I) AN EMPLOYEE
BENEFIT PLAN OR OTHER PLAN THAT IS SUBJECT TO THE FIDUCIARY RESPONSIBILITY OR PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE
RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), OR TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986,
AS AMENDED (THE “CODE”), OR A GOVERNMENTAL PLAN (AS DEFINED IN SECTION 3(32) OF ERISA) OR OTHER PLAN THAT IS SUBJECT
TO ANY FEDERAL, STATE OR LOCAL LAW (“SIMILAR LAW”) THAT IS, TO A MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS
OF ERISA OR THE CODE (EACH, A “PLAN”), OR (II) AN ENTITY OR COLLECTIVE INVESTMENT FUND THE ASSETS OF WHICH ARE CONSIDERED
PLAN ASSETS UNDER U.S. DEPARTMENT OF LABOR REG. SECTION 2510.3-101, AS MODIFIED BY SECTION 3(42) OF ERISA, OR SIMILAR LAW OR OTHER
PERSON ACTING ON BEHALF OF ANY SUCH PLAN OR USING THE ASSETS OF SUCH PLAN TO ACQUIRE THIS CERTIFICATE, UNLESS (A)(I) SUCH PERSON
IS AN “INSURANCE COMPANY GENERAL ACCOUNT” WITHIN THE MEANING OF PROHIBITED TRANSACTION CLASS EXEMPTION 95-60, AND
(II) ALL CONDITIONS OF SECTIONS I AND III OF PROHIBITED TRANSACTION CLASS EXEMPTION 95-60 WILL BE MET WITH RESPECT TO SUCH INSURANCE
COMPANY GENERAL ACCOUNT’S ACQUISITION, HOLDING AND DISPOSITION OF THIS CERTIFICATE, OR (B) WITH RESPECT TO THE ACQUISITION,
HOLDING OR DISPOSITION OF THIS CERTIFICATE BY ANY GOVERNMENTAL PLAN OR OTHER PLAN SUBJECT TO SIMILAR LAW, SUCH ACQUISITION, HOLDING
AND DISPOSITION BY SUCH GOVERNMENTAL PLAN WILL NOT CONSTITUTE OR OTHERWISE RESULT IN A NON-EXEMPT VIOLATION OF SIMILAR LAW.

 

THIS
CERTIFICATE REPRESENTS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS
ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

 

    A-20-2

     

    

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS F

 

	Pass-Through
    Rate:  The WAC Rate minus 1.00000% per annum 4	 	 
	 	 	 
	First
    Distribution Date: June 17, 2022	 	Cut-Off
    Date:  With respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage
    Loan or Serviced Companion Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its
    first Due Date subsequent to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage
    Loan or Serviced Companion Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).
	 	 	 
	Aggregate
    Initial Certificate Balance of the Class F Certificates: $15,982,000	 	Scheduled
    Final Distribution Date: the Distribution Date in May 2032
	 	 	 

	CUSIP:  08163R AW65

                                                                     U0745R
AL16
 08163R AX47
	 	Initial
    Certificate Balance of this Certificate: $[_____]
	 	 	 
	ISIN:      US08163RAW608

                                         USU0745RAL169

                                         US08163RAX4410

         
	 	 
	Common
    Code:	 	 
	 	 	 
	No.:  [1]	 	 

 

This
certifies that [           ] is the registered owner of a beneficial ownership
interest in a Trust Fund, including the distributions to be made with respect to the Class F Certificates. The Trust Fund,
described more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily
properties held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master
Servicer and the Special Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage
Loans) are to be serviced, pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate,
by virtue of the acceptance hereof, assents to the terms, provisions and conditions of

 

 

 

4
The initial approximate Pass-Through Rate as of the Closing Date is 3.59391 % per annum.

 

5
For Rule 144A Certificates

 

6
For Regulation S Certificates

 

7
For IAI Certificates

 

8
For Rule 144A Certificates

 

9
For Regulation S Certificates

 

10 For
IAI Certificates

 

    A-20-3

     

    

 

the Pooling and Servicing Agreement and
is bound thereby. In the event that there is any conflict between any provision of this Certificate and any provision of the Pooling
and Servicing Agreement, such provision of this Certificate shall be superseded to the extent of such inconsistency. Also issued
under the Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3-1, Class A-4-1, Class A-5,
Class A-SB, Class X-A, Class A-S, Class B, Class C, Class A-3-2, Class A-4-2, Class X-D, Class X-F,
Class X-G, Class X-H, Class X-J, Class D, Class E, Class G, Class H, Class J, Class R, Class S and Class VRR
Certificates (together with the Class F Certificates, the “Certificates”; the Holders of Certificates
are collectively referred to herein as “Certificateholders”) and the Uncertificated VRR Interest.

 

This
Certificate is issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022
(the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor,
KeyBank National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor
and Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington
Trust, National Association, as Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

 

This
Certificate represents a “regular interest” in a “real estate mortgage investment conduit,” as those terms
are defined, respectively, in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended.

 

The
Certificate Administrator makes no representation or warranty as to any of the statements contained herein or the validity or
sufficiency of the Certificates or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate
Administrator under the Pooling and Servicing Agreement.

 

Pursuant
to the terms of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution
on any Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such
date, a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related
Record Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of that portion of the aggregate amount of principal and interest then distributable, if any, with respect to the Class F
Certificates for such Distribution Date, all as more fully described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to a share of Yield Maintenance Charges, as provided in the Pooling and Servicing Agreement.

 

Interest
accrued on this Certificate during an Interest Accrual Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the extent provided in the Pooling and Servicing Agreement.
The “Interest Accrual Period” with respect to any Distribution Date and with respect to the Class F Certificates
is the calendar month preceding the month in which such Distribution Date occurs and is assumed to consist of 30 days.

 

All
distributions (other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons
in whose names the Certificates are registered at the close of business on each Record Date, which will be the last Business Day
of the month preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer
of immediately available funds to the account of such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with
written wiring instructions no less than five (5) Business Days prior to the related Record Date (which wiring instructions may
be in the form of a standing order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder.
The final distribution on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate
at the office of the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting
as such agent) that is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any
funds not distributed on the Termination Date because of the failure of any Certificateholders to tender their Certificates shall
be set aside and held in trust for the account of the appropriate non-tendering Certificateholders, whereupon the Trust Fund shall
terminate. If any Certificates as to which notice of the Termination Date has been given pursuant to Section 9.01 of the Pooling
and Servicing Agreement shall not have been surrendered for cancellation within six months after the time specified in such notice,
the Certificate

 

    A-20-4

     

    

 

Administrator shall mail a second notice to the remaining Certificateholders, at their last addresses shown in
the Certificate Register, to surrender their Certificates for cancellation in order to receive, from such funds held, the final
distribution with respect thereto. If within one year after the second notice any Certificate shall not have been surrendered
for cancellation, the Certificate Administrator may, directly or through an agent, take appropriate steps to contact the remaining
Certificateholders concerning surrender of their Certificates. The costs and expenses of maintaining such funds and of contacting
Certificateholders shall be paid out of the assets which remain held. Subject to applicable state law with respect to escheatment
of funds, if within two years after the second notice any Certificates shall not have been surrendered for cancellation, the Paying
Agent shall pay to the Class R Certificateholders all amounts distributable to the Holders thereof. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such Certificateholder’s failure to surrender its
Certificate(s) for final payment thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.

 

This
Certificate is limited in right of payment to, among other things, certain collections and recoveries in respect of the Mortgage
Loans, as more specifically set forth herein and in the Pooling and Servicing Agreement.

 

As
provided in the Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject
to the Pooling and Servicing Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled payments
on or collections in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage
Loan, the Due Date in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off
Date); (iii) any REO Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the
Trust’s interest in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but, with
respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan
Combination); (v) the Master Servicer’s and the Trustee’s rights under the insurance policies with respect to the
Mortgage Loans required to be maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s
rights in any Assignments of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under
any indemnities or guaranties given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the
Certificate Administrator’s rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited
in the Collection Account, the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the
Excess Liquidation Proceeds Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s
rights in any environmental indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under
the Mortgage Loan Purchase Agreements to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing
Agreement; (xi) the Lower-Tier Regular Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This
Certificate does not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights,
duties and immunities of the Certificate Administrator and Trustee.

 

As
provided in the Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender
for registration of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the
name of the designated transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate
interest and of the same Class.

 

Prior
to due presentation of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person
in whose name any Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided
in the Pooling and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer,
the Operating Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall
be affected by any notice to the contrary.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer,
the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders,
any of the Uncertificated VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

    A-20-5

     

    

 

		(i)	to
                                         cure any ambiguity to the extent that it does not adversely affect any holders of Certificates
                                         or any Uncertificated VRR Interest Owner;

 

		(ii)	to
                                         correct or supplement any of its provisions which may be inconsistent with any other
                                         provisions of the Pooling and Servicing Agreement or with the description thereof in
                                         the Prospectus or to correct any error;

 

		(iii)	to
                                         change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation
                                         Proceeds Reserve Account, the Excess Interest Distribution Account, the Distribution
                                         Account or any REO Account, provided that (A) the Master Servicer Remittance Date
                                         shall in no event be later than the Business Day prior to the related Distribution Date
                                         and (B) the change would not adversely affect in any material respect the interests
                                         of any Certificateholder or any Uncertificated VRR Interest Owner, as evidenced by an
                                         opinion of counsel (at the expense of the party requesting the amendment);

 

		(iv)	to
                                         modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain
                                         the qualification of any Trust REMIC as a REMIC or the Grantor Trust as a grantor trust
                                         or to avoid or minimize the risk of imposition of any tax on the Trust Fund, provided
                                         that the Trustee and the Certificate Administrator have received an opinion of counsel
                                         (at the expense of the party requesting the amendment) to the effect that (1) the
                                         action is necessary or desirable to maintain such qualification or to avoid or minimize
                                         such risk and (2) the action will not adversely affect in any material respect the interests
                                         of any holder of the Certificates or any Uncertificated VRR Interest Owner, (B) to
                                         restrict (or to remove any existing restrictions with respect to) the transfer of
                                         the Class R Certificates, provided that the Depositor has determined that the amendment
                                         will not give rise to any tax with respect to the transfer of the Class R Certificates
                                         to a non-Permitted Transferee, (C) to the extent necessary to comply with the Investment
                                         Company Act of 1940, as amended, the Exchange Act, Regulation AB, Regulation RR and/or
                                         any related regulatory actions and/or interpretations or (D) in the event that Regulation
                                         RR (or any portion thereof) or any other regulations applicable to the risk retention
                                         requirements for this securitization transaction are amended or repealed, to the extent
                                         required to comply with any such amendment or to modify or eliminate any risk retention
                                         requirements no longer applicable to this securitization transaction in light of such
                                         repeal;

 

		(v)	to
                                         make any other provisions with respect to matters or questions arising under the Pooling
                                         and Servicing Agreement or any other change, provided that the amendment will
                                         not adversely affect in any material respect the interests of any Certificateholder or
                                         any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(vi)	to
                                         modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5;
                                         provided that such modification does not increase the obligations of the Trustee,
                                         the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer,
                                         the Master Servicer or the Special Servicer without such party’s consent (which
                                         consent may not be withheld unless such modification would materially adversely affect
                                         such party or materially increase such party’s obligations under the Pooling and
                                         Servicing Agreement); provided, further that notice of such modification
                                         is provided to all parties to the Pooling and Servicing Agreement; and

 

		(vii)	to
                                         amend or supplement any provision of the Pooling and Servicing Agreement to the extent
                                         necessary to maintain the ratings assigned to each Class of Certificates by any of the
                                         Rating Agencies, provided that the amendment will not adversely affect in any material
                                         respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided,
further that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or consultation
rights or the right to receive information under the Pooling and Servicing Agreement of

 

    A-20-6

     

    

 

the Controlling Class Representative without
the consent of the Controlling Class Representative; (B) reduce the consultation rights or the right to receive information under
the Pooling and Servicing Agreement of the Operating Advisor without the consent of the Operating Advisor; (C) change in any manner
the obligations or rights of any Mortgage Loan Seller under the Pooling and Servicing Agreement or the applicable Mortgage Loan
Purchase Agreement without the consent of the affected Mortgage Loan Seller; (D) change in any manner the obligations or
rights of any Underwriter or Initial Purchaser, without the consent of the affected Underwriter or Initial Purchaser; or (E) adversely
affect any Serviced Companion Loan Holder in its capacity as such without its consent. Expenses incurred with respect to any amendment
shall be borne by the party requesting such amendment, unless the Master Servicer, the Special Servicer or the Trustee is requesting
an amendment for the benefit of the Certificateholders, then in which case such expense will be borne by the Trust.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of
the Depositor, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian
(if the Certificate Administrator is then acting as Custodian), the Certificate Administrator and the Trustee with the consent
of the Holders of Certificates representing not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected
by the amendment for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or of modifying in any manner the rights of the Certificateholders and the Uncertificated
VRR Interest Owners; provided, however, that no such amendment shall:

 

		(i)	reduce
                                         in any manner the amount of, or delay the timing of, payments received on the Serviced
                                         Loans which are required to be distributed on a Certificate of any Class or the Uncertificated
                                         VRR Interest or to any Serviced Companion Loan Holder, as applicable, without the consent
                                         of the Holder of that Certificate, the Uncertificated VRR Interest Owners or that Serviced
                                         Companion Loan Holder, as applicable,

 

		(ii)	reduce
                                         the aforesaid percentage of Certificates of any Class or of the Uncertificated VRR Interest
                                         the Holders (or, in the case of the Uncertificated VRR Interest, the owners) of which
                                         are required to consent to the amendment without the consent of the Holders of all Certificates
                                         of that Class then outstanding or of the Uncertificated VRR Interest Owners, as applicable,

 

		(iii)	change
                                         in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling
                                         and Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent
                                         of the affected Mortgage Loan Seller,

 

		(iv)	change
                                         the definition of “Servicing Standard” without either (A) consent of 100%
                                         of the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency
                                         Confirmation,

 

		(v)	without
                                         the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
                                         or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change
                                         (A) the percentages of Voting Rights of Certificateholders that are required to consent
                                         to any action or inaction under the Pooling and Servicing Agreement, (B) the right of
                                         the Certificateholders to remove the Special Servicer pursuant to the Pooling and Servicing
                                         Agreement or (C) the right of the Certificateholders to terminate the Operating Advisor
                                         pursuant to the Pooling and Servicing Agreement,

 

		(vi)	adversely
                                         affect the Controlling Class Representative without the consent of 100% of the Controlling
                                         Class Certificateholders,

 

		(vii)	adversely
                                         affect a Serviced Companion Loan Holder in its capacity as such without its consent,
                                         or

 

		(viii)	change
                                         in any manner the obligations or rights of any Underwriter or Initial Purchaser without
                                         the consent of the affected Underwriter or Initial Purchaser.

 

    A-20-7

     

    

 

The
Holders of the Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if
such Holders do not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if
none of such Holders, the Special Servicer or the Master Servicer does, any Holders of Class R Certificates representing
greater than a 50% Percentage Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less than
30 days’ prior notice given to the parties (or, if applicable, the other parties) to the Pooling and Servicing Agreement
(whereupon the Master Servicer shall notify the Serviced Companion Loan Holders) any time on or after the Early Termination Notice
Date specifying the Anticipated Termination Date, by purchasing on such date all, but not less than all, of the Mortgage Loans
(and in the case of any Mortgage Loan that is part of a Serviced Loan Combination, subject to certain rights of the related Serviced
Companion Loan Holder(s) provided for in the related Co-Lender Agreement) then included in the Trust Fund, and all property acquired
by or on behalf of the Trust Fund (including the Trust Fund’s interest in any REO Property acquired with respect to any
Outside Serviced Mortgage Loan) in respect of any Mortgage Loan then included in the Trust Fund, at a purchase price, payable
in cash, equal to (i) the sum of (A) the Termination Purchase Amount and (B) the reasonable out-of-pocket expenses
of the Master Servicer (unless the Master Servicer is the purchaser of such Mortgage Loans), the Special Servicer (unless the
Special Servicer is the purchaser of such Mortgage Loans), the Trustee and the Certificate Administrator, as applicable, with
respect to such termination, minus (ii) solely in the case where the Master Servicer or the Special Servicer is effecting
such purchase, the aggregate amount of unreimbursed Advances, if any, made by the Master Servicer or Special Servicer, as applicable,
together with any interest accrued and payable to the Master Servicer or the Special Servicer, as applicable, in respect of such
Advances and any unpaid Servicing Fees or Special Servicing Fees, as applicable, remaining outstanding (which items will be deemed
to have been paid or reimbursed to the Master Servicer or the Special Servicer, as applicable, in connection with such purchase).

 

Any
Person(s) effecting an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling
Class Representative and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination
by the Holder of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least
30 days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement.

 

The
respective obligations and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor,
the Asset Representations Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement
with respect to the Certificates, the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other
than the obligation to make certain payments and to send certain notices to Certificateholders and the Uncertificated VRR Interest
Owners as set forth in the Pooling and Servicing Agreement and to make any required remittances to the Serviced Companion Loan
Holders in the month in which the final Distribution Date occurs and certain tax-related obligations) shall terminate immediately
following the earlier to occur of (i) the purchase by Holders of the Controlling Class, the Special Servicer, the Master
Servicer or Holders of the Class R Certificates of all the Mortgage Loans and REO Properties (or interests therein) then
included in the Trust Fund pursuant to Section 9.01(c) of the Pooling and Servicing Agreement, (ii) the exchange by the Remaining
Certificateholder of its Certificates and the Uncertificated VRR Interest for all the Mortgage Loans and REO Properties (or interests
therein) then included in the Trust Fund pursuant to Section 9.01(h) of the Pooling and Servicing Agreement and (iii) the
final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan or REO Property (or interest
therein) contained in the Trust Fund; provided, however, that in no event shall the trust created by the Pooling
and Servicing Agreement continue beyond the expiration of twenty-one years from the death of the last survivor of the descendants
of Joseph P. Kennedy, the late ambassador of the United States to the United Kingdom, living on the date of the Pooling and Servicing
Agreement. All such payments as contemplated by the preceding paragraph shall be deposited into the Collection Account by the
Master Servicer or Special Servicer, as applicable, promptly following receipt thereof.

 

    A-20-8

     

    

 

Unless
the Certificate of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the
Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing
Agreement or be valid for any purpose.

 

    A-20-9

     

    

 

IN WITNESS WHEREOF,
the Certificate Administrator has caused this Class F Certificate to be duly executed.

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized Signatory

 

Dated:  ____________, 2022

 

 

CERTIFICATE
OF AUTHENTICATION

 

This is one of the
Class F Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:  ____________, 2022

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely
as Authenticating Agent

	 	 	 
	 	By:	 
	 	 	Authorized Signatory

  

    A-20-10

     

    

 

ASSIGNMENT

 

FOR VALUE
RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto ____________________________________
______________________________ (please print or typewrite name(s) and address(es), including postal zip code(s) of
assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by the within Class F Certificate
and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on the Certificate Register of the Trust
Fund.

 

I (we) further direct
the Certificate Registrar to issue a new Class F Certificate of the entire Percentage Interest represented by the within Class
F Certificates to the above-named Assignee(s) and to deliver such Class F Certificate to the following address:

 

Date:
_______________

 

		 	Signature by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-20-11

     

    

  

DISTRIBUTION
INSTRUCTIONS

 

The Assignee(s) should
include the following for purposes of distribution:

 

Address of
the Assignee(s) for the purpose of receiving notices and distributions: _______________________________________________________
_____________________________________ Distributions, if being made by wire transfer in immediately available funds to
__________________________ for the account of _________________________________________ account number ____________________________. This
information is provided by ______________________________, the Assignee(s) named above or
____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-20-12

     

    

 

EXHIBIT
A-21

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS G

 

[THIS
CERTIFICATE IS A TEMPORARY REGULATION S GLOBAL CERTIFICATE FOR PURPOSES OF REGULATION S UNDER THE UNITED STATES SECURITIES ACT
OF 1933, AS AMENDED (THE “SECURITIES ACT”). NEITHER THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE NOR ANY INTEREST
HEREIN MAY BE OFFERED, SOLD OR DELIVERED, EXCEPT AS PERMITTED UNDER THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.

 

NO
BENEFICIAL OWNERS OF THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE SHALL BE ENTITLED TO RECEIVE PAYMENTS OF PRINCIPAL OR INTEREST
HEREON UNLESS THE REQUIRED CERTIFICATIONS HAVE BEEN DELIVERED PURSUANT TO THE TERMS OF THE POOLING AND SERVICING AGREEMENT.]1

 

[UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE CERTIFICATE REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER
USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.]2

 

[TRANSFERS
OF THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF
OR SUCH SUCCESSOR’S NOMINEE, AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS
MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.]3

 

THIS
CERTIFICATE DOES NOT REPRESENT AN INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY
TO THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER
(OR ITS REPRESENTATIVE), THE initial purchasers OR ANY OF THEIR RESPECTIVE AFFILIATES.
NEITHER THE CERTIFICATES NOR THE MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL AGENCY OR INSTRUMENTALITY OR PRIVATE
INSURER.

 

PRINCIPAL
PAYMENTS IN RESPECT OF THIS CERTIFICATE ARE DISTRIBUTABLE AS SET FORTH IN THE POOLING AND SERVICING AGREEMENT. ACCORDINGLY, THE
OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

 

DISTRIBUTIONS
OF PRINCIPAL AND INTEREST ON THIS CERTIFICATE ARE SUBORDINATED TO DISTRIBUTIONS OF PRINCIPAL AND INTEREST ON OTHER CLASSES OF
CERTIFICATES OF THE SAME SERIES.

 

 

 

		1	Temporary
Regulation S Global Certificate legend.

 

		2	Legend
required as long as DTC is the Depository under the Pooling and Servicing Agreement.

 

		3	Global
Certificate legend.

 

    A-21-1

     

    

 

THIS
CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”), OR ANY STATE OR FOREIGN SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT THIS CERTIFICATE
MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY (A)(1) PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE
144A”) TO A PERSON THAT THE HOLDER REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER” WITHIN THE MEANING
OF RULE 144A (A “QIB”), OR IS PURCHASING FOR THE ACCOUNT OF A QIB, AND WHOM THE HOLDER HAS INFORMED THAT THE REOFFER,
RESALE, PLEDGE, OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (2) IN AN “OFFSHORE TRANSACTION” TO AN INSTITUTION
THAT IS NOT A “U.S. PERSON”, AS SUCH TERMS ARE DEFINED IN, AND IN ACCORDANCE WITH RULE 903 OR RULE 904 OF, REGULATION
S UNDER THE SECURITIES ACT, OR (3) TO AN INSTITUTIONAL “ACCREDITED INVESTOR” WITHIN THE MEANING OF, OR IN WHICH ALL
THE EQUITY OWNERS COME WITHIN THE MEANING OF, RULE 501(a)(1), (2), (3) OR (7) OF REGULATION D UNDER THE SECURITIES ACT THAT IS
NOT A QIB, AND (B) IN EACH CASE IN ACCORDANCE WITH FEDERAL SECURITIES LAWS AND ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF
THE UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION.

 

THIS
CERTIFICATE MAY NOT BE PURCHASED BY OR PLEDGED, SOLD OR OTHERWISE TRANSFERRED TO ANY PERSON THAT IS OR BECOMES (I) AN EMPLOYEE
BENEFIT PLAN OR OTHER PLAN THAT IS SUBJECT TO THE FIDUCIARY RESPONSIBILITY OR PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE
RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), OR TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986,
AS AMENDED (THE “CODE”), OR A GOVERNMENTAL PLAN (AS DEFINED IN SECTION 3(32) OF ERISA) OR OTHER PLAN THAT IS SUBJECT
TO ANY FEDERAL, STATE OR LOCAL LAW (“SIMILAR LAW”) THAT IS, TO A MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS
OF ERISA OR THE CODE (EACH, A “PLAN”), OR (II) AN ENTITY OR COLLECTIVE INVESTMENT FUND THE ASSETS OF WHICH ARE CONSIDERED
PLAN ASSETS UNDER U.S. DEPARTMENT OF LABOR REG. SECTION 2510.3-101, AS MODIFIED BY SECTION 3(42) OF ERISA, OR SIMILAR LAW OR OTHER
PERSON ACTING ON BEHALF OF ANY SUCH PLAN OR USING THE ASSETS OF SUCH PLAN TO ACQUIRE THIS CERTIFICATE, UNLESS (A)(I) SUCH PERSON
IS AN “INSURANCE COMPANY GENERAL ACCOUNT” WITHIN THE MEANING OF PROHIBITED TRANSACTION CLASS EXEMPTION 95-60, AND
(II) ALL CONDITIONS OF SECTIONS I AND III OF PROHIBITED TRANSACTION CLASS EXEMPTION 95-60 WILL BE MET WITH RESPECT TO SUCH INSURANCE
COMPANY GENERAL ACCOUNT’S ACQUISITION, HOLDING AND DISPOSITION OF THIS CERTIFICATE, OR (B) WITH RESPECT TO THE ACQUISITION,
HOLDING OR DISPOSITION OF THIS CERTIFICATE BY ANY GOVERNMENTAL PLAN OR OTHER PLAN SUBJECT TO SIMILAR LAW, SUCH ACQUISITION, HOLDING
AND DISPOSITION BY SUCH GOVERNMENTAL PLAN WILL NOT CONSTITUTE OR OTHERWISE RESULT IN A NON-EXEMPT VIOLATION OF SIMILAR LAW.

 

THIS
CERTIFICATE REPRESENTS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS
ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

 

    A-21-2

     

    

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS G

 

	Pass-Through
    Rate:  The WAC Rate minus 1.00000% per annum 4	 
	 	 
	First Distribution
    Date: June 17, 2022	Cut-Off Date:  With
    respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage Loan or Serviced Companion
    Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its first Due Date subsequent
    to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage Loan or Serviced Companion
    Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).
	 	 
	Aggregate Initial Certificate Balance of the
    Class G Certificates: $13,319,000	Scheduled Final Distribution Date: the Distribution
    Date in May 2032
	 	 

	CUSIP:  08163R
AY25

U0745R AM96

08163R AZ97	Initial Certificate Balance
    of this Certificate: $[_____]
	 	 
	ISIN:     US08163RAY278

        USU0745RAM989

        US08163RAZ9110

         
	 
	Common Code:	 
	 	 
	No.:  [1]	 

 

This
certifies that [           ] is the registered owner of a beneficial ownership
interest in a Trust Fund, including the distributions to be made with respect to the Class G Certificates. The Trust Fund,
described more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily
properties held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master
Servicer and the Special Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage
Loans) are to be serviced, pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate,
by virtue of the acceptance hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and
is bound thereby. In the event that there is any conflict between any

 

 

 

		4	The initial approximate Pass-Through Rate as of the Closing
Date is 3.59391 % per annum.

 

		5	For Rule 144A Certificates

 

		6	For Regulation S Certificates

 

		7	For IAI Certificates

 

		8	For Rule 144A Certificates

 

		9	For Regulation S Certificates

 

		10	For IAI Certificates

 

    A-21-3

     

    

 

provision of this Certificate and any provision of the Pooling
and Servicing Agreement, such provision of this Certificate shall be superseded to the extent of such inconsistency. Also issued
under the Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3-1, Class A-4-1, Class A-5,
Class A-SB, Class X-A, Class A-S, Class B, Class C, Class A-3-2, Class A-4-2, Class X-D, Class X-F,
Class X-G, Class X-H, Class X-J, Class D, Class E, Class F, Class H, Class J, Class R, Class S and Class VRR
Certificates (together with the Class G Certificates, the “Certificates”; the Holders of Certificates
are collectively referred to herein as “Certificateholders”) and the Uncertificated VRR Interest.

 

This
Certificate is issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022
(the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor,
KeyBank National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor
and Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington
Trust, National Association, as Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

 

This
Certificate represents a “regular interest” in a “real estate mortgage investment conduit,” as those terms
are defined, respectively, in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended.

 

The
Certificate Administrator makes no representation or warranty as to any of the statements contained herein or the validity or
sufficiency of the Certificates or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate
Administrator under the Pooling and Servicing Agreement.

 

Pursuant
to the terms of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution
on any Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such
date, a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related
Record Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of that portion of the aggregate amount of principal and interest then distributable, if any, with respect to the Class G
Certificates for such Distribution Date, all as more fully described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to a share of Yield Maintenance Charges, as provided in the Pooling and Servicing Agreement.

 

Interest
accrued on this Certificate during an Interest Accrual Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the extent provided in the Pooling and Servicing Agreement.
The “Interest Accrual Period” with respect to any Distribution Date and with respect to the Class G Certificates
is the calendar month preceding the month in which such Distribution Date occurs and is assumed to consist of 30 days.

 

All
distributions (other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons
in whose names the Certificates are registered at the close of business on each Record Date, which will be the last Business Day
of the month preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer
of immediately available funds to the account of such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with
written wiring instructions no less than five (5) Business Days prior to the related Record Date (which wiring instructions may
be in the form of a standing order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder.
The final distribution on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate
at the office of the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting
as such agent) that is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any
funds not distributed on the Termination Date because of the failure of any Certificateholders to tender their Certificates shall
be set aside and held in trust for the account of the appropriate non-tendering Certificateholders, whereupon the Trust Fund shall
terminate. If any Certificates as to which notice of the Termination Date has been given pursuant to Section 9.01 of the Pooling
and Servicing Agreement shall not have been surrendered for cancellation within six months after the time specified in such notice,
the Certificate Administrator shall mail a second notice to the remaining Certificateholders, at their last addresses shown in
the

 

    A-21-4

     

    

 

Certificate Register, to surrender their Certificates for cancellation in order to receive, from such funds held, the final
distribution with respect thereto. If within one year after the second notice any Certificate shall not have been surrendered
for cancellation, the Certificate Administrator may, directly or through an agent, take appropriate steps to contact the remaining
Certificateholders concerning surrender of their Certificates. The costs and expenses of maintaining such funds and of contacting
Certificateholders shall be paid out of the assets which remain held. Subject to applicable state law with respect to escheatment
of funds, if within two years after the second notice any Certificates shall not have been surrendered for cancellation, the Paying
Agent shall pay to the Class R Certificateholders all amounts distributable to the Holders thereof. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such Certificateholder’s failure to surrender its
Certificate(s) for final payment thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.

 

This
Certificate is limited in right of payment to, among other things, certain collections and recoveries in respect of the Mortgage
Loans, as more specifically set forth herein and in the Pooling and Servicing Agreement.

 

As
provided in the Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject
to the Pooling and Servicing Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled payments
on or collections in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage
Loan, the Due Date in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off
Date); (iii) any REO Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the
Trust’s interest in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but, with
respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan
Combination); (v) the Master Servicer’s and the Trustee’s rights under the insurance policies with respect to the
Mortgage Loans required to be maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s
rights in any Assignments of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under
any indemnities or guaranties given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the
Certificate Administrator’s rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited
in the Collection Account, the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the
Excess Liquidation Proceeds Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s
rights in any environmental indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under
the Mortgage Loan Purchase Agreements to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing
Agreement; (xi) the Lower-Tier Regular Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This
Certificate does not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights,
duties and immunities of the Certificate Administrator and Trustee.

 

As
provided in the Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender
for registration of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the
name of the designated transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate
interest and of the same Class.

 

Prior
to due presentation of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person
in whose name any Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided
in the Pooling and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer,
the Operating Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall
be affected by any notice to the contrary.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer,
the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders,
any of the Uncertificated VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

    A-21-5

     

    

 

		(i)	to
                                         cure any ambiguity to the extent that it does not adversely affect any holders of Certificates
                                         or any Uncertificated VRR Interest Owner;

 

		(ii)	to
                                         correct or supplement any of its provisions which may be inconsistent with any other
                                         provisions of the Pooling and Servicing Agreement or with the description thereof in
                                         the Prospectus or to correct any error;

 

		(iii)	to
                                         change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation
                                         Proceeds Reserve Account, the Excess Interest Distribution Account, the Distribution
                                         Account or any REO Account, provided that (A) the Master Servicer Remittance Date
                                         shall in no event be later than the Business Day prior to the related Distribution Date
                                         and (B) the change would not adversely affect in any material respect the interests
                                         of any Certificateholder or any Uncertificated VRR Interest Owner, as evidenced by an
                                         opinion of counsel (at the expense of the party requesting the amendment);

 

		(iv)	to
                                         modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain
                                         the qualification of any Trust REMIC as a REMIC or the Grantor Trust as a grantor trust
                                         or to avoid or minimize the risk of imposition of any tax on the Trust Fund, provided
                                         that the Trustee and the Certificate Administrator have received an opinion of counsel
                                         (at the expense of the party requesting the amendment) to the effect that (1) the
                                         action is necessary or desirable to maintain such qualification or to avoid or minimize
                                         such risk and (2) the action will not adversely affect in any material respect the interests
                                         of any holder of the Certificates or any Uncertificated VRR Interest Owner, (B) to
                                         restrict (or to remove any existing restrictions with respect to) the transfer of
                                         the Class R Certificates, provided that the Depositor has determined that the amendment
                                         will not give rise to any tax with respect to the transfer of the Class R Certificates
                                         to a non-Permitted Transferee, (C) to the extent necessary to comply with the Investment
                                         Company Act of 1940, as amended, the Exchange Act, Regulation AB, Regulation RR and/or
                                         any related regulatory actions and/or interpretations or (D) in the event that Regulation
                                         RR (or any portion thereof) or any other regulations applicable to the risk retention
                                         requirements for this securitization transaction are amended or repealed, to the extent
                                         required to comply with any such amendment or to modify or eliminate any risk retention
                                         requirements no longer applicable to this securitization transaction in light of such
                                         repeal;

 

		(v)	to
                                         make any other provisions with respect to matters or questions arising under the Pooling
                                         and Servicing Agreement or any other change, provided that the amendment will
                                         not adversely affect in any material respect the interests of any Certificateholder or
                                         any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(vi)	to
                                         modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5;
                                         provided that such modification does not increase the obligations of the Trustee,
                                         the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer,
                                         the Master Servicer or the Special Servicer without such party’s consent (which
                                         consent may not be withheld unless such modification would materially adversely affect
                                         such party or materially increase such party’s obligations under the Pooling and
                                         Servicing Agreement); provided, further that notice of such modification
                                         is provided to all parties to the Pooling and Servicing Agreement; and

 

		(vii)	to
                                         amend or supplement any provision of the Pooling and Servicing Agreement to the extent
                                         necessary to maintain the ratings assigned to each Class of Certificates by any of the
                                         Rating Agencies, provided that the amendment will not adversely affect in any material
                                         respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided,
further that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or consultation
rights or the right to receive information under the Pooling and Servicing Agreement of

 

    A-21-6

     

    

 

the Controlling Class Representative without
the consent of the Controlling Class Representative; (B) reduce the consultation rights or the right to receive information under
the Pooling and Servicing Agreement of the Operating Advisor without the consent of the Operating Advisor; (C) change in any manner
the obligations or rights of any Mortgage Loan Seller under the Pooling and Servicing Agreement or the applicable Mortgage Loan
Purchase Agreement without the consent of the affected Mortgage Loan Seller; (D) change in any manner the obligations or
rights of any Underwriter or Initial Purchaser, without the consent of the affected Underwriter or Initial Purchaser; or (E) adversely
affect any Serviced Companion Loan Holder in its capacity as such without its consent. Expenses incurred with respect to any amendment
shall be borne by the party requesting such amendment, unless the Master Servicer, the Special Servicer or the Trustee is requesting
an amendment for the benefit of the Certificateholders, then in which case such expense will be borne by the Trust.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of
the Depositor, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian
(if the Certificate Administrator is then acting as Custodian), the Certificate Administrator and the Trustee with the consent
of the Holders of Certificates representing not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected
by the amendment for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or of modifying in any manner the rights of the Certificateholders and the Uncertificated
VRR Interest Owners; provided, however, that no such amendment shall:

 

		(i)	reduce
                                         in any manner the amount of, or delay the timing of, payments received on the Serviced
                                         Loans which are required to be distributed on a Certificate of any Class or the Uncertificated
                                         VRR Interest or to any Serviced Companion Loan Holder, as applicable, without the consent
                                         of the Holder of that Certificate, the Uncertificated VRR Interest Owners or that Serviced
                                         Companion Loan Holder, as applicable,

 

		(ii)	reduce
                                         the aforesaid percentage of Certificates of any Class or of the Uncertificated VRR Interest
                                         the Holders (or, in the case of the Uncertificated VRR Interest, the owners) of which
                                         are required to consent to the amendment without the consent of the Holders of all Certificates
                                         of that Class then outstanding or of the Uncertificated VRR Interest Owners, as applicable,

 

		(iii)	change
                                         in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling
                                         and Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent
                                         of the affected Mortgage Loan Seller,

 

		(iv)	change
                                         the definition of “Servicing Standard” without either (A) consent of 100%
                                         of the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency
                                         Confirmation,

 

		(v)	without
                                         the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
                                         or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change
                                         (A) the percentages of Voting Rights of Certificateholders that are required to consent
                                         to any action or inaction under the Pooling and Servicing Agreement, (B) the right of
                                         the Certificateholders to remove the Special Servicer pursuant to the Pooling and Servicing
                                         Agreement or (C) the right of the Certificateholders to terminate the Operating Advisor
                                         pursuant to the Pooling and Servicing Agreement,

 

		(vi)	adversely
                                         affect the Controlling Class Representative without the consent of 100% of the Controlling
                                         Class Certificateholders,

 

		(vii)	adversely
                                         affect a Serviced Companion Loan Holder in its capacity as such without its consent,
                                         or

 

		(viii)	change
                                         in any manner the obligations or rights of any Underwriter or Initial Purchaser without
                                         the consent of the affected Underwriter or Initial Purchaser.

 

    A-21-7

     

    

 

The
Holders of the Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if
such Holders do not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if
none of such Holders, the Special Servicer or the Master Servicer does, any Holders of Class R Certificates representing
greater than a 50% Percentage Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less than
30 days’ prior notice given to the parties (or, if applicable, the other parties) to the Pooling and Servicing Agreement
(whereupon the Master Servicer shall notify the Serviced Companion Loan Holders) any time on or after the Early Termination Notice
Date specifying the Anticipated Termination Date, by purchasing on such date all, but not less than all, of the Mortgage Loans
(and in the case of any Mortgage Loan that is part of a Serviced Loan Combination, subject to certain rights of the related Serviced
Companion Loan Holder(s) provided for in the related Co-Lender Agreement) then included in the Trust Fund, and all property acquired
by or on behalf of the Trust Fund (including the Trust Fund’s interest in any REO Property acquired with respect to any
Outside Serviced Mortgage Loan) in respect of any Mortgage Loan then included in the Trust Fund, at a purchase price, payable
in cash, equal to (i) the sum of (A) the Termination Purchase Amount and (B) the reasonable out-of-pocket expenses
of the Master Servicer (unless the Master Servicer is the purchaser of such Mortgage Loans), the Special Servicer (unless the
Special Servicer is the purchaser of such Mortgage Loans), the Trustee and the Certificate Administrator, as applicable, with
respect to such termination, minus (ii) solely in the case where the Master Servicer or the Special Servicer is effecting
such purchase, the aggregate amount of unreimbursed Advances, if any, made by the Master Servicer or Special Servicer, as applicable,
together with any interest accrued and payable to the Master Servicer or the Special Servicer, as applicable, in respect of such
Advances and any unpaid Servicing Fees or Special Servicing Fees, as applicable, remaining outstanding (which items will be deemed
to have been paid or reimbursed to the Master Servicer or the Special Servicer, as applicable, in connection with such purchase).

 

Any
Person(s) effecting an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling
Class Representative and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination
by the Holder of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least
30 days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement.

 

The
respective obligations and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor,
the Asset Representations Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement
with respect to the Certificates, the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other
than the obligation to make certain payments and to send certain notices to Certificateholders and the Uncertificated VRR Interest
Owners as set forth in the Pooling and Servicing Agreement and to make any required remittances to the Serviced Companion Loan
Holders in the month in which the final Distribution Date occurs and certain tax-related obligations) shall terminate immediately
following the earlier to occur of (i) the purchase by Holders of the Controlling Class, the Special Servicer, the Master
Servicer or Holders of the Class R Certificates of all the Mortgage Loans and REO Properties (or interests therein) then
included in the Trust Fund pursuant to Section 9.01(c) of the Pooling and Servicing Agreement, (ii) the exchange by the Remaining
Certificateholder of its Certificates and the Uncertificated VRR Interest for all the Mortgage Loans and REO Properties (or interests
therein) then included in the Trust Fund pursuant to Section 9.01(h) of the Pooling and Servicing Agreement and (iii) the
final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan or REO Property (or interest
therein) contained in the Trust Fund; provided, however, that in no event shall the trust created by the Pooling
and Servicing Agreement continue beyond the expiration of twenty-one years from the death of the last survivor of the descendants
of Joseph P. Kennedy, the late ambassador of the United States to the United Kingdom, living on the date of the Pooling and Servicing
Agreement. All such payments as contemplated by the preceding paragraph shall be deposited into the Collection Account by the
Master Servicer or Special Servicer, as applicable, promptly following receipt thereof.

 

    A-21-8

     

    

 

Unless
the Certificate of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the
Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing
Agreement or be valid for any purpose.

 

    A-21-9

     

    

 

IN WITNESS WHEREOF,
the Certificate Administrator has caused this Class G Certificate to be duly executed.

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized Signatory

 

Dated:  ____________, 2022

  

CERTIFICATE
OF AUTHENTICATION

 

This is one of the
Class G Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:  ____________, 2022

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely
as Authenticating Agent

	 	 	 
	 	By:	 
	 	 	Authorized Signatory

  

    A-21-10

     

    

 

ASSIGNMENT

 

FOR VALUE
RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto ____________________________________
______________________________ (please print or typewrite name(s) and address(es), including postal zip code(s) of
assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by the within Class G Certificate
and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on the Certificate Register of the Trust
Fund.

 

I (we) further direct
the Certificate Registrar to issue a new Class G Certificate of the entire Percentage Interest represented by the within Class
G Certificates to the above-named Assignee(s) and to deliver such Class G Certificate to the following address:

 

Date:
_______________

 

		 	Signature by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-21-11

     

    

  

DISTRIBUTION
INSTRUCTIONS

 

The Assignee(s) should
include the following for purposes of distribution:

 

Address of
the Assignee(s) for the purpose of receiving notices and distributions: _______________________________________________________
_____________________________________ Distributions, if being made by wire transfer in immediately available funds to
__________________________ for the account of _________________________________________ account number ____________________________. This
information is provided by ______________________________, the Assignee(s) named above or
____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-21-12

     

    

EXHIBIT
A-22

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS H

 

[THIS
CERTIFICATE IS A TEMPORARY REGULATION S GLOBAL CERTIFICATE FOR PURPOSES OF REGULATION S UNDER THE UNITED STATES SECURITIES ACT
OF 1933, AS AMENDED (THE “SECURITIES ACT”). NEITHER THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE NOR ANY INTEREST
HEREIN MAY BE OFFERED, SOLD OR DELIVERED, EXCEPT AS PERMITTED UNDER THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.

 

NO
BENEFICIAL OWNERS OF THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE SHALL BE ENTITLED TO RECEIVE PAYMENTS OF PRINCIPAL OR INTEREST
HEREON UNLESS THE REQUIRED CERTIFICATIONS HAVE BEEN DELIVERED PURSUANT TO THE TERMS OF THE POOLING AND SERVICING AGREEMENT.]1

 

[UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE CERTIFICATE REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER
USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.]2

 

[TRANSFERS
OF THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF
OR SUCH SUCCESSOR’S NOMINEE, AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS
MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.]3

 

THIS
CERTIFICATE DOES NOT REPRESENT AN INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY
TO THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER
(OR ITS REPRESENTATIVE), THE initial purchasers OR ANY OF THEIR RESPECTIVE AFFILIATES.
NEITHER THE CERTIFICATES NOR THE MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL AGENCY OR INSTRUMENTALITY OR PRIVATE
INSURER.

 

PRINCIPAL
PAYMENTS IN RESPECT OF THIS CERTIFICATE ARE DISTRIBUTABLE AS SET FORTH IN THE POOLING AND SERVICING AGREEMENT. ACCORDINGLY, THE
OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

 

DISTRIBUTIONS
OF PRINCIPAL AND INTEREST ON THIS CERTIFICATE ARE SUBORDINATED TO DISTRIBUTIONS OF PRINCIPAL AND INTEREST ON OTHER CLASSES OF
CERTIFICATES OF THE SAME SERIES.

 

 

 

		1	Temporary
Regulation S Global Certificate legend.

 

		2	Legend
required as long as DTC is the Depository under the Pooling and Servicing Agreement.

 

		3	Global
Certificate legend.

 

    A-22-1

     

    

 

THIS
CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”), OR ANY STATE OR FOREIGN SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT THIS CERTIFICATE
MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY (A)(1) PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE
144A”) TO A PERSON THAT THE HOLDER REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER” WITHIN THE MEANING
OF RULE 144A (A “QIB”), OR IS PURCHASING FOR THE ACCOUNT OF A QIB, AND WHOM THE HOLDER HAS INFORMED THAT THE REOFFER,
RESALE, PLEDGE, OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (2) IN AN “OFFSHORE TRANSACTION” TO AN INSTITUTION
THAT IS NOT A “U.S. PERSON”, AS SUCH TERMS ARE DEFINED IN, AND IN ACCORDANCE WITH RULE 903 OR RULE 904 OF, REGULATION
S UNDER THE SECURITIES ACT, OR (3) TO AN INSTITUTIONAL “ACCREDITED INVESTOR” WITHIN THE MEANING OF, OR IN WHICH ALL
THE EQUITY OWNERS COME WITHIN THE MEANING OF, RULE 501(a)(1), (2), (3) OR (7) OF REGULATION D UNDER THE SECURITIES ACT THAT IS
NOT A QIB, AND (B) IN EACH CASE IN ACCORDANCE WITH FEDERAL SECURITIES LAWS AND ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF
THE UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION.

 

THIS
CERTIFICATE MAY NOT BE PURCHASED BY OR PLEDGED, SOLD OR OTHERWISE TRANSFERRED TO ANY PERSON THAT IS OR BECOMES (I) AN EMPLOYEE
BENEFIT PLAN OR OTHER PLAN THAT IS SUBJECT TO THE FIDUCIARY RESPONSIBILITY OR PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE
RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), OR TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986,
AS AMENDED (THE “CODE”), OR A GOVERNMENTAL PLAN (AS DEFINED IN SECTION 3(32) OF ERISA) OR OTHER PLAN THAT IS SUBJECT
TO ANY FEDERAL, STATE OR LOCAL LAW (“SIMILAR LAW”) THAT IS, TO A MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS
OF ERISA OR THE CODE (EACH, A “PLAN”), OR (II) AN ENTITY OR COLLECTIVE INVESTMENT FUND THE ASSETS OF WHICH ARE CONSIDERED
PLAN ASSETS UNDER U.S. DEPARTMENT OF LABOR REG. SECTION 2510.3-101, AS MODIFIED BY SECTION 3(42) OF ERISA, OR SIMILAR LAW OR OTHER
PERSON ACTING ON BEHALF OF ANY SUCH PLAN OR USING THE ASSETS OF SUCH PLAN TO ACQUIRE THIS CERTIFICATE, UNLESS (A)(I) SUCH PERSON
IS AN “INSURANCE COMPANY GENERAL ACCOUNT” WITHIN THE MEANING OF PROHIBITED TRANSACTION CLASS EXEMPTION 95-60, AND
(II) ALL CONDITIONS OF SECTIONS I AND III OF PROHIBITED TRANSACTION CLASS EXEMPTION 95-60 WILL BE MET WITH RESPECT TO SUCH INSURANCE
COMPANY GENERAL ACCOUNT’S ACQUISITION, HOLDING AND DISPOSITION OF THIS CERTIFICATE, OR (B) WITH RESPECT TO THE ACQUISITION,
HOLDING OR DISPOSITION OF THIS CERTIFICATE BY ANY GOVERNMENTAL PLAN OR OTHER PLAN SUBJECT TO SIMILAR LAW, SUCH ACQUISITION, HOLDING
AND DISPOSITION BY SUCH GOVERNMENTAL PLAN WILL NOT CONSTITUTE OR OTHERWISE RESULT IN A NON-EXEMPT VIOLATION OF SIMILAR LAW.

 

THIS
CERTIFICATE REPRESENTS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS
ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

 

    A-22-2

     

    

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS H

 

	Pass-Through
    Rate:  The WAC Rate minus 1.00000% per annum 4	 
	 	 
	First Distribution
    Date: June 17, 2022	Cut-Off Date:  With
    respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage Loan or Serviced Companion
    Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its first Due Date subsequent
    to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage Loan or Serviced Companion
    Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).
	 	 
	Aggregate Initial Certificate Balance of the
    Class H Certificates: $11,986,000	Scheduled Final Distribution Date: the Distribution
    Date in May 2032
	 	 

	CUSIP:  08163R
BA35

U0745R AN76

08163R BB17	Initial Certificate Balance
    of this Certificate: $[_____]
	 	 
	ISIN:     US08163RBA328

        USU0745RAN719

        US08163RBB1510

         

        Common
Code: 
	 
	 	 
	No.:  [1]	 

 

This
certifies that [           ] is the registered owner of a beneficial ownership
interest in a Trust Fund, including the distributions to be made with respect to the Class H Certificates. The Trust Fund,
described more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily
properties held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master
Servicer and the Special Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage
Loans) are to be serviced, pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate,
by virtue of the acceptance hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and
is bound thereby. In the event that there is any conflict between any

 

 

 

		4	The
initial approximate Pass-Through Rate as of the Closing Date is 3.59391 % per annum.

 

		5	For
Rule 144A Certificates

 

		6	For
Regulation S Certificates

 

		7	For
IAI Certificates

 

		8	For
Rule 144A Certificates

 

		9	For
Regulation S Certificates

 

		10	For
IAI Certificates

 

    A-22-3

     

    

 

provision of this Certificate and any provision of the Pooling
and Servicing Agreement, such provision of this Certificate shall be superseded to the extent of such inconsistency. Also issued
under the Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3-1, Class A-4-1, Class A-5,
Class A-SB, Class X-A, Class A-S, Class B, Class C, Class A-3-2, Class A-4-2, Class X-D, Class X-F,
Class X-G, Class X-H, Class X-J, Class D, Class E, Class F, Class G, Class J, Class R, Class S and Class VRR
Certificates (together with the Class H Certificates, the “Certificates”; the Holders of Certificates
are collectively referred to herein as “Certificateholders”) and the Uncertificated VRR Interest.

 

This
Certificate is issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022
(the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor,
KeyBank National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor
and Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington
Trust, National Association, as Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

 

This
Certificate represents a “regular interest” in a “real estate mortgage investment conduit,” as those terms
are defined, respectively, in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended.

 

The
Certificate Administrator makes no representation or warranty as to any of the statements contained herein or the validity or
sufficiency of the Certificates or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate
Administrator under the Pooling and Servicing Agreement.

 

Pursuant
to the terms of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution
on any Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such
date, a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related
Record Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of that portion of the aggregate amount of principal and interest then distributable, if any, with respect to the Class H
Certificates for such Distribution Date, all as more fully described in the Pooling and Servicing Agreement. Holders of this Certificate
may be entitled to a share of Yield Maintenance Charges, as provided in the Pooling and Servicing Agreement.

 

Interest
accrued on this Certificate during an Interest Accrual Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the extent provided in the Pooling and Servicing Agreement.
The “Interest Accrual Period” with respect to any Distribution Date and with respect to the Class H Certificates
is the calendar month preceding the month in which such Distribution Date occurs and is assumed to consist of 30 days.

 

All
distributions (other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons
in whose names the Certificates are registered at the close of business on each Record Date, which will be the last Business Day
of the month preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer
of immediately available funds to the account of such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with
written wiring instructions no less than five (5) Business Days prior to the related Record Date (which wiring instructions may
be in the form of a standing order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder.
The final distribution on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate
at the office of the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting
as such agent) that is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any
funds not distributed on the Termination Date because of the failure of any Certificateholders to tender their Certificates shall
be set aside and held in trust for the account of the appropriate non-tendering Certificateholders, whereupon the Trust Fund shall
terminate. If any Certificates as to which notice of the Termination Date has been given pursuant to Section 9.01 of the Pooling
and Servicing Agreement shall not have been surrendered for cancellation within six months after the time specified in such notice,
the Certificate Administrator shall mail a second notice to the remaining Certificateholders, at their last addresses shown in
the

 

    A-22-4

     

    

 

Certificate Register, to surrender their Certificates for cancellation in order to receive, from such funds held, the final
distribution with respect thereto. If within one year after the second notice any Certificate shall not have been surrendered
for cancellation, the Certificate Administrator may, directly or through an agent, take appropriate steps to contact the remaining
Certificateholders concerning surrender of their Certificates. The costs and expenses of maintaining such funds and of contacting
Certificateholders shall be paid out of the assets which remain held. Subject to applicable state law with respect to escheatment
of funds, if within two years after the second notice any Certificates shall not have been surrendered for cancellation, the Paying
Agent shall pay to the Class R Certificateholders all amounts distributable to the Holders thereof. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such Certificateholder’s failure to surrender its
Certificate(s) for final payment thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.

 

This
Certificate is limited in right of payment to, among other things, certain collections and recoveries in respect of the Mortgage
Loans, as more specifically set forth herein and in the Pooling and Servicing Agreement.

 

As
provided in the Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject
to the Pooling and Servicing Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled payments
on or collections in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage
Loan, the Due Date in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off
Date); (iii) any REO Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the
Trust’s interest in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but, with
respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan
Combination); (v) the Master Servicer’s and the Trustee’s rights under the insurance policies with respect to the
Mortgage Loans required to be maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s
rights in any Assignments of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under
any indemnities or guaranties given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the
Certificate Administrator’s rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited
in the Collection Account, the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the
Excess Liquidation Proceeds Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s
rights in any environmental indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under
the Mortgage Loan Purchase Agreements to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing
Agreement; (xi) the Lower-Tier Regular Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This
Certificate does not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights,
duties and immunities of the Certificate Administrator and Trustee.

 

As
provided in the Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender
for registration of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the
name of the designated transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate
interest and of the same Class.

 

Prior
to due presentation of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person
in whose name any Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided
in the Pooling and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer,
the Operating Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall
be affected by any notice to the contrary.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer,
the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders,
any of the Uncertificated VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

    A-22-5

     

    

 

		(i)	to
                                         cure any ambiguity to the extent that it does not adversely affect any holders of Certificates
                                         or any Uncertificated VRR Interest Owner;

 

		(ii)	to
                                         correct or supplement any of its provisions which may be inconsistent with any other
                                         provisions of the Pooling and Servicing Agreement or with the description thereof in
                                         the Prospectus or to correct any error;

 

		(iii)	to
                                         change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation
                                         Proceeds Reserve Account, the Excess Interest Distribution Account, the Distribution
                                         Account or any REO Account, provided that (A) the Master Servicer Remittance Date
                                         shall in no event be later than the Business Day prior to the related Distribution Date
                                         and (B) the change would not adversely affect in any material respect the interests
                                         of any Certificateholder or any Uncertificated VRR Interest Owner, as evidenced by an
                                         opinion of counsel (at the expense of the party requesting the amendment);

 

		(iv)	to
                                         modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain
                                         the qualification of any Trust REMIC as a REMIC or the Grantor Trust as a grantor trust
                                         or to avoid or minimize the risk of imposition of any tax on the Trust Fund, provided
                                         that the Trustee and the Certificate Administrator have received an opinion of counsel
                                         (at the expense of the party requesting the amendment) to the effect that (1) the
                                         action is necessary or desirable to maintain such qualification or to avoid or minimize
                                         such risk and (2) the action will not adversely affect in any material respect the interests
                                         of any holder of the Certificates or any Uncertificated VRR Interest Owner, (B) to
                                         restrict (or to remove any existing restrictions with respect to) the transfer of
                                         the Class R Certificates, provided that the Depositor has determined that the amendment
                                         will not give rise to any tax with respect to the transfer of the Class R Certificates
                                         to a non-Permitted Transferee, (C) to the extent necessary to comply with the Investment
                                         Company Act of 1940, as amended, the Exchange Act, Regulation AB, Regulation RR and/or
                                         any related regulatory actions and/or interpretations or (D) in the event that Regulation
                                         RR (or any portion thereof) or any other regulations applicable to the risk retention
                                         requirements for this securitization transaction are amended or repealed, to the extent
                                         required to comply with any such amendment or to modify or eliminate any risk retention
                                         requirements no longer applicable to this securitization transaction in light of such
                                         repeal;

 

		(v)	to
                                         make any other provisions with respect to matters or questions arising under the Pooling
                                         and Servicing Agreement or any other change, provided that the amendment will
                                         not adversely affect in any material respect the interests of any Certificateholder or
                                         any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(vi)	to
                                         modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5;
                                         provided that such modification does not increase the obligations of the Trustee,
                                         the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer,
                                         the Master Servicer or the Special Servicer without such party’s consent (which
                                         consent may not be withheld unless such modification would materially adversely affect
                                         such party or materially increase such party’s obligations under the Pooling and
                                         Servicing Agreement); provided, further that notice of such modification
                                         is provided to all parties to the Pooling and Servicing Agreement; and

 

		(vii)	to
                                         amend or supplement any provision of the Pooling and Servicing Agreement to the extent
                                         necessary to maintain the ratings assigned to each Class of Certificates by any of the
                                         Rating Agencies, provided that the amendment will not adversely affect in any material
                                         respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided,
further that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or consultation
rights or the right to receive information under the Pooling and Servicing Agreement of

 

    A-22-6

     

    

 

the Controlling Class Representative without
the consent of the Controlling Class Representative; (B) reduce the consultation rights or the right to receive information under
the Pooling and Servicing Agreement of the Operating Advisor without the consent of the Operating Advisor; (C) change in any manner
the obligations or rights of any Mortgage Loan Seller under the Pooling and Servicing Agreement or the applicable Mortgage Loan
Purchase Agreement without the consent of the affected Mortgage Loan Seller; (D) change in any manner the obligations or
rights of any Underwriter or Initial Purchaser, without the consent of the affected Underwriter or Initial Purchaser; or (E) adversely
affect any Serviced Companion Loan Holder in its capacity as such without its consent. Expenses incurred with respect to any amendment
shall be borne by the party requesting such amendment, unless the Master Servicer, the Special Servicer or the Trustee is requesting
an amendment for the benefit of the Certificateholders, then in which case such expense will be borne by the Trust.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of
the Depositor, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian
(if the Certificate Administrator is then acting as Custodian), the Certificate Administrator and the Trustee with the consent
of the Holders of Certificates representing not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected
by the amendment for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or of modifying in any manner the rights of the Certificateholders and the Uncertificated
VRR Interest Owners; provided, however, that no such amendment shall:

 

		(i)	reduce
                                         in any manner the amount of, or delay the timing of, payments received on the Serviced
                                         Loans which are required to be distributed on a Certificate of any Class or the Uncertificated
                                         VRR Interest or to any Serviced Companion Loan Holder, as applicable, without the consent
                                         of the Holder of that Certificate, the Uncertificated VRR Interest Owners or that Serviced
                                         Companion Loan Holder, as applicable,

 

		(ii)	reduce
                                         the aforesaid percentage of Certificates of any Class or of the Uncertificated VRR Interest
                                         the Holders (or, in the case of the Uncertificated VRR Interest, the owners) of which
                                         are required to consent to the amendment without the consent of the Holders of all Certificates
                                         of that Class then outstanding or of the Uncertificated VRR Interest Owners, as applicable,

 

		(iii)	change
                                         in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling
                                         and Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent
                                         of the affected Mortgage Loan Seller,

 

		(iv)	change
                                         the definition of “Servicing Standard” without either (A) consent of 100%
                                         of the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency
                                         Confirmation,

 

		(v)	without
                                         the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
                                         or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change
                                         (A) the percentages of Voting Rights of Certificateholders that are required to consent
                                         to any action or inaction under the Pooling and Servicing Agreement, (B) the right of
                                         the Certificateholders to remove the Special Servicer pursuant to the Pooling and Servicing
                                         Agreement or (C) the right of the Certificateholders to terminate the Operating Advisor
                                         pursuant to the Pooling and Servicing Agreement,

 

		(vi)	adversely
                                         affect the Controlling Class Representative without the consent of 100% of the Controlling
                                         Class Certificateholders,

 

		(vii)	adversely
                                         affect a Serviced Companion Loan Holder in its capacity as such without its consent,
                                         or

 

		(viii)	change
                                         in any manner the obligations or rights of any Underwriter or Initial Purchaser without
                                         the consent of the affected Underwriter or Initial Purchaser.

 

    A-22-7

     

    

 

The
Holders of the Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if
such Holders do not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if
none of such Holders, the Special Servicer or the Master Servicer does, any Holders of Class R Certificates representing
greater than a 50% Percentage Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less than
30 days’ prior notice given to the parties (or, if applicable, the other parties) to the Pooling and Servicing Agreement
(whereupon the Master Servicer shall notify the Serviced Companion Loan Holders) any time on or after the Early Termination Notice
Date specifying the Anticipated Termination Date, by purchasing on such date all, but not less than all, of the Mortgage Loans
(and in the case of any Mortgage Loan that is part of a Serviced Loan Combination, subject to certain rights of the related Serviced
Companion Loan Holder(s) provided for in the related Co-Lender Agreement) then included in the Trust Fund, and all property acquired
by or on behalf of the Trust Fund (including the Trust Fund’s interest in any REO Property acquired with respect to any
Outside Serviced Mortgage Loan) in respect of any Mortgage Loan then included in the Trust Fund, at a purchase price, payable
in cash, equal to (i) the sum of (A) the Termination Purchase Amount and (B) the reasonable out-of-pocket expenses
of the Master Servicer (unless the Master Servicer is the purchaser of such Mortgage Loans), the Special Servicer (unless the
Special Servicer is the purchaser of such Mortgage Loans), the Trustee and the Certificate Administrator, as applicable, with
respect to such termination, minus (ii) solely in the case where the Master Servicer or the Special Servicer is effecting
such purchase, the aggregate amount of unreimbursed Advances, if any, made by the Master Servicer or Special Servicer, as applicable,
together with any interest accrued and payable to the Master Servicer or the Special Servicer, as applicable, in respect of such
Advances and any unpaid Servicing Fees or Special Servicing Fees, as applicable, remaining outstanding (which items will be deemed
to have been paid or reimbursed to the Master Servicer or the Special Servicer, as applicable, in connection with such purchase).

 

Any
Person(s) effecting an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling
Class Representative and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination
by the Holder of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least
30 days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement.

 

The
respective obligations and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor,
the Asset Representations Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement
with respect to the Certificates, the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other
than the obligation to make certain payments and to send certain notices to Certificateholders and the Uncertificated VRR Interest
Owners as set forth in the Pooling and Servicing Agreement and to make any required remittances to the Serviced Companion Loan
Holders in the month in which the final Distribution Date occurs and certain tax-related obligations) shall terminate immediately
following the earlier to occur of (i) the purchase by Holders of the Controlling Class, the Special Servicer, the Master
Servicer or Holders of the Class R Certificates of all the Mortgage Loans and REO Properties (or interests therein) then
included in the Trust Fund pursuant to Section 9.01(c) of the Pooling and Servicing Agreement, (ii) the exchange by the Remaining
Certificateholder of its Certificates and the Uncertificated VRR Interest for all the Mortgage Loans and REO Properties (or interests
therein) then included in the Trust Fund pursuant to Section 9.01(h) of the Pooling and Servicing Agreement and (iii) the
final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan or REO Property (or interest
therein) contained in the Trust Fund; provided, however, that in no event shall the trust created by the Pooling
and Servicing Agreement continue beyond the expiration of twenty-one years from the death of the last survivor of the descendants
of Joseph P. Kennedy, the late ambassador of the United States to the United Kingdom, living on the date of the Pooling and Servicing
Agreement. All such payments as contemplated by the preceding paragraph shall be deposited into the Collection Account by the
Master Servicer or Special Servicer, as applicable, promptly following receipt thereof.

 

    A-22-8

     

    

 

Unless
the Certificate of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the
Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing
Agreement or be valid for any purpose.

 

    A-22-9

     

    

 

IN WITNESS WHEREOF,
the Certificate Administrator has caused this Class H Certificate to be duly executed.

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized Signatory

 

Dated:  ____________, 2022

  

CERTIFICATE
OF AUTHENTICATION

 

This is one of the
Class H Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:  ____________, 2022

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely
as Authenticating Agent

	 	 	 
	 	By:	 
	 	 	Authorized Signatory

  

    A-22-10

     

    

 

ASSIGNMENT

 

FOR VALUE
RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto ____________________________________
______________________________ (please print or typewrite name(s) and address(es), including postal zip code(s) of
assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by the within Class H Certificate
and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on the Certificate Register of the Trust
Fund.

 

I (we) further direct
the Certificate Registrar to issue a new Class H Certificate of the entire Percentage Interest represented by the within Class
H Certificates to the above-named Assignee(s) and to deliver such Class H Certificate to the following address:

 

Date:
_______________

 

		 	Signature by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-22-11

     

    

  

DISTRIBUTION
INSTRUCTIONS

 

The Assignee(s) should
include the following for purposes of distribution:

 

Address of
the Assignee(s) for the purpose of receiving notices and distributions: _______________________________________________________
_____________________________________ Distributions, if being made by wire transfer in immediately available funds to
__________________________ for the account of _________________________________________ account number ____________________________. This
information is provided by ______________________________, the Assignee(s) named above or
____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-22-12

     

    

EXHIBIT
A-23

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS J

 

[THIS
CERTIFICATE IS A TEMPORARY REGULATION S GLOBAL CERTIFICATE FOR PURPOSES OF REGULATION S UNDER THE UNITED STATES SECURITIES ACT
OF 1933, AS AMENDED (THE “SECURITIES ACT”). NEITHER THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE NOR ANY INTEREST
HEREIN MAY BE OFFERED, SOLD OR DELIVERED, EXCEPT AS PERMITTED UNDER THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.

 

NO
BENEFICIAL OWNERS OF THIS TEMPORARY REGULATION S GLOBAL CERTIFICATE SHALL BE ENTITLED TO RECEIVE PAYMENTS OF PRINCIPAL OR INTEREST
HEREON UNLESS THE REQUIRED CERTIFICATIONS HAVE BEEN DELIVERED PURSUANT TO THE TERMS OF THE POOLING AND SERVICING AGREEMENT.]1

 

[UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE CERTIFICATE REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER
USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.]2

 

[TRANSFERS
OF THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF
OR SUCH SUCCESSOR’S NOMINEE, AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS
MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.]3

 

THIS
CERTIFICATE DOES NOT REPRESENT AN INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY
TO THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER
(OR ITS REPRESENTATIVE), THE initial purchasers OR ANY OF THEIR RESPECTIVE AFFILIATES.
NEITHER THE CERTIFICATES NOR THE MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL AGENCY OR INSTRUMENTALITY OR PRIVATE
INSURER.

 

PRINCIPAL
PAYMENTS IN RESPECT OF THIS CERTIFICATE ARE DISTRIBUTABLE AS SET FORTH IN THE POOLING AND SERVICING AGREEMENT. ACCORDINGLY, THE
OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

 

DISTRIBUTIONS
OF PRINCIPAL AND INTEREST ON THIS CERTIFICATE ARE SUBORDINATED TO DISTRIBUTIONS OF PRINCIPAL AND INTEREST ON OTHER CLASSES OF
CERTIFICATES OF THE SAME SERIES.

 

 

 

		1	Temporary
                                         Regulation S Global Certificate legend.

 

		2	Legend
                                         required as long as DTC is the Depository under the Pooling and Servicing Agreement.

 

		3	Global
                                         Certificate legend.

 

    A-23-1

     

    

 

THIS
CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”), OR ANY STATE OR FOREIGN SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT THIS CERTIFICATE
MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY (A)(1) PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE
144A”) TO A PERSON THAT THE HOLDER REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER” WITHIN THE MEANING
OF RULE 144A (A “QIB”), OR IS PURCHASING FOR THE ACCOUNT OF A QIB, AND WHOM THE HOLDER HAS INFORMED THAT THE REOFFER,
RESALE, PLEDGE, OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (2) IN AN “OFFSHORE TRANSACTION” TO AN INSTITUTION
THAT IS NOT A “U.S. PERSON”, AS SUCH TERMS ARE DEFINED IN, AND IN ACCORDANCE WITH RULE 903 OR RULE 904 OF, REGULATION
S UNDER THE SECURITIES ACT, OR (3) TO AN INSTITUTIONAL “ACCREDITED INVESTOR” WITHIN THE MEANING OF, OR IN WHICH ALL
THE EQUITY OWNERS COME WITHIN THE MEANING OF, RULE 501(a)(1), (2), (3) OR (7) OF REGULATION D UNDER THE SECURITIES ACT THAT IS
NOT A QIB, AND (B) IN EACH CASE IN ACCORDANCE WITH FEDERAL SECURITIES LAWS AND ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF
THE UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION.

 

THIS
CERTIFICATE MAY NOT BE PURCHASED BY OR PLEDGED, SOLD OR OTHERWISE TRANSFERRED TO ANY PERSON THAT IS OR BECOMES (I) AN EMPLOYEE
BENEFIT PLAN OR OTHER PLAN THAT IS SUBJECT TO THE FIDUCIARY RESPONSIBILITY OR PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE
RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), OR TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986,
AS AMENDED (THE “CODE”), OR A GOVERNMENTAL PLAN (AS DEFINED IN SECTION 3(32) OF ERISA) OR OTHER PLAN THAT IS SUBJECT
TO ANY FEDERAL, STATE OR LOCAL LAW (“SIMILAR LAW”) THAT IS, TO A MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS
OF ERISA OR THE CODE (EACH, A “PLAN”), OR (II) AN ENTITY OR COLLECTIVE INVESTMENT FUND THE ASSETS OF WHICH ARE CONSIDERED
PLAN ASSETS UNDER U.S. DEPARTMENT OF LABOR REG. SECTION 2510.3-101, AS MODIFIED BY SECTION 3(42) OF ERISA, OR SIMILAR LAW OR OTHER
PERSON ACTING ON BEHALF OF ANY SUCH PLAN OR USING THE ASSETS OF SUCH PLAN TO ACQUIRE THIS CERTIFICATE, UNLESS (A)(I) SUCH PERSON
IS AN “INSURANCE COMPANY GENERAL ACCOUNT” WITHIN THE MEANING OF PROHIBITED TRANSACTION CLASS EXEMPTION 95-60, AND
(II) ALL CONDITIONS OF SECTIONS I AND III OF PROHIBITED TRANSACTION CLASS EXEMPTION 95-60 WILL BE MET WITH RESPECT TO SUCH INSURANCE
COMPANY GENERAL ACCOUNT’S ACQUISITION, HOLDING AND DISPOSITION OF THIS CERTIFICATE, OR (B) WITH RESPECT TO THE ACQUISITION,
HOLDING OR DISPOSITION OF THIS CERTIFICATE BY ANY GOVERNMENTAL PLAN OR OTHER PLAN SUBJECT TO SIMILAR LAW, SUCH ACQUISITION, HOLDING
AND DISPOSITION BY SUCH GOVERNMENTAL PLAN WILL NOT CONSTITUTE OR OTHERWISE RESULT IN A NON-EXEMPT VIOLATION OF SIMILAR LAW.

 

THIS
CERTIFICATE REPRESENTS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS
ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

 

    A-23-2

     

    

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS J

 

	Pass-Through
    Rate:  The WAC Rate minus 1.00000% per annum 4	 
	 	 
	First Distribution
    Date: June 17, 2022	Cut-Off Date:  With
    respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage Loan or Serviced Companion
    Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its first Due Date subsequent
    to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage Loan or Serviced Companion
    Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).
	 	 
	Aggregate Initial Certificate Balance of the
    Class J Certificates: $41,288,136	Scheduled Final Distribution Date: the Distribution
    Date in May 2032
	 	 

	CUSIP:   08163R
BC95

U0745R AP26

08163R BD77	Initial Certificate Balance
    of this Certificate: $[_____]
	 	 
	ISIN:       US08163RBC978

        USU0745RAP209

        US08163RBD7010

         

        Common
Code: 
	 
	 	 
	No.:  [1]	 

 

This
certifies that [           ] is the registered owner of a beneficial ownership
interest in a Trust Fund, including the distributions to be made with respect to the Class J Certificates. The Trust Fund, described
more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily properties
held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master Servicer
and the Special Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage Loans)
are to be serviced, pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate, by virtue
of the acceptance hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and is bound
thereby. In the event that there is any conflict between any

 

 

 

		4	The
initial approximate Pass-Through Rate as of the Closing Date is 3.59391 % per annum.

 

		5	For
Rule 144A Certificates

 

		6	For
Regulation S Certificates

 

		7	For
IAI Certificates

 

		8	For
Rule 144A Certificates

 

		9	For
Regulation S Certificates

 

		10	For
IAI Certificates

 

    A-23-3

     

    

 

provision of this Certificate and any provision of the Pooling and
Servicing Agreement, such provision of this Certificate shall be superseded to the extent of such inconsistency. Also issued under
the Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3-1, Class A-4-1, Class A-5, Class A-SB,
Class X-A, Class A-S, Class B, Class C, Class A-3-2, Class A-4-2, Class X-D, Class X-F, Class X-G, Class
X-H, Class X-J, Class D, Class E, Class F, Class G, Class H, Class R, Class S and Class VRR Certificates
(together with the Class J Certificates, the “Certificates”; the Holders of Certificates are collectively referred
to herein as “Certificateholders”) and the Uncertificated VRR Interest.

 

This
Certificate is issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022
(the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor,
KeyBank National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor
and Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington
Trust, National Association, as Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

 

This
Certificate represents a “regular interest” in a “real estate mortgage investment conduit,” as those terms
are defined, respectively, in Sections 860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended.

 

The
Certificate Administrator makes no representation or warranty as to any of the statements contained herein or the validity or
sufficiency of the Certificates or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate
Administrator under the Pooling and Servicing Agreement.

 

Pursuant
to the terms of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution
on any Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such
date, a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related
Record Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of that portion of the aggregate amount of principal and interest then distributable, if any, with respect to the Class J Certificates
for such Distribution Date, all as more fully described in the Pooling and Servicing Agreement. Holders of this Certificate may
be entitled to a share of Yield Maintenance Charges, as provided in the Pooling and Servicing Agreement.

 

Interest
accrued on this Certificate during an Interest Accrual Period, plus the aggregate unpaid Interest Shortfall with respect to this
Certificate, if any, will be payable on the related Distribution Date to the extent provided in the Pooling and Servicing Agreement.
The “Interest Accrual Period” with respect to any Distribution Date and with respect to the Class J Certificates
is the calendar month preceding the month in which such Distribution Date occurs and is assumed to consist of 30 days.

 

All
distributions (other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons
in whose names the Certificates are registered at the close of business on each Record Date, which will be the last Business Day
of the month preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer
of immediately available funds to the account of such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with
written wiring instructions no less than five (5) Business Days prior to the related Record Date (which wiring instructions may
be in the form of a standing order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder.
The final distribution on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate
at the office of the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting
as such agent) that is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any
funds not distributed on the Termination Date because of the failure of any Certificateholders to tender their Certificates shall
be set aside and held in trust for the account of the appropriate non-tendering Certificateholders, whereupon the Trust Fund shall
terminate. If any Certificates as to which notice of the Termination Date has been given pursuant to Section 9.01 of the Pooling
and Servicing Agreement shall not have been surrendered for cancellation within six months after the time specified in such notice,
the Certificate Administrator shall mail a second notice to the remaining Certificateholders, at their last addresses shown in
the

 

    A-23-4

     

    

 

Certificate Register, to surrender their Certificates for cancellation in order to receive, from such funds held, the final
distribution with respect thereto. If within one year after the second notice any Certificate shall not have been surrendered
for cancellation, the Certificate Administrator may, directly or through an agent, take appropriate steps to contact the remaining
Certificateholders concerning surrender of their Certificates. The costs and expenses of maintaining such funds and of contacting
Certificateholders shall be paid out of the assets which remain held. Subject to applicable state law with respect to escheatment
of funds, if within two years after the second notice any Certificates shall not have been surrendered for cancellation, the Paying
Agent shall pay to the Class R Certificateholders all amounts distributable to the Holders thereof. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such Certificateholder’s failure to surrender its
Certificate(s) for final payment thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.

 

This
Certificate is limited in right of payment to, among other things, certain collections and recoveries in respect of the Mortgage
Loans, as more specifically set forth herein and in the Pooling and Servicing Agreement.

 

As
provided in the Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject
to the Pooling and Servicing Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled payments
on or collections in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage
Loan, the Due Date in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off
Date); (iii) any REO Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the
Trust’s interest in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but, with
respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan
Combination); (v) the Master Servicer’s and the Trustee’s rights under the insurance policies with respect to the
Mortgage Loans required to be maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s
rights in any Assignments of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under
any indemnities or guaranties given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the
Certificate Administrator’s rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited
in the Collection Account, the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the
Excess Liquidation Proceeds Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s
rights in any environmental indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under
the Mortgage Loan Purchase Agreements to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing
Agreement; (xi) the Lower-Tier Regular Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This
Certificate does not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights,
duties and immunities of the Certificate Administrator and Trustee.

 

As
provided in the Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender
for registration of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the
name of the designated transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate
interest and of the same Class.

 

Prior
to due presentation of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person
in whose name any Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided
in the Pooling and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer,
the Operating Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall
be affected by any notice to the contrary.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer,
the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders,
any of the Uncertificated VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

    A-23-5

     

    

 

		(i)	to
                                         cure any ambiguity to the extent that it does not adversely affect any holders of Certificates
                                         or any Uncertificated VRR Interest Owner;

 

		(ii)	to
                                         correct or supplement any of its provisions which may be inconsistent with any other
                                         provisions of the Pooling and Servicing Agreement or with the description thereof in
                                         the Prospectus or to correct any error;

 

		(iii)	to
                                         change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation
                                         Proceeds Reserve Account, the Excess Interest Distribution Account, the Distribution
                                         Account or any REO Account, provided that (A) the Master Servicer Remittance Date
                                         shall in no event be later than the Business Day prior to the related Distribution Date
                                         and (B) the change would not adversely affect in any material respect the interests
                                         of any Certificateholder or any Uncertificated VRR Interest Owner, as evidenced by an
                                         opinion of counsel (at the expense of the party requesting the amendment);

 

		(iv)	to
                                         modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain
                                         the qualification of any Trust REMIC as a REMIC or the Grantor Trust as a grantor trust
                                         or to avoid or minimize the risk of imposition of any tax on the Trust Fund, provided
                                         that the Trustee and the Certificate Administrator have received an opinion of counsel
                                         (at the expense of the party requesting the amendment) to the effect that (1) the
                                         action is necessary or desirable to maintain such qualification or to avoid or minimize
                                         such risk and (2) the action will not adversely affect in any material respect the interests
                                         of any holder of the Certificates or any Uncertificated VRR Interest Owner, (B) to
                                         restrict (or to remove any existing restrictions with respect to) the transfer of
                                         the Class R Certificates, provided that the Depositor has determined that the amendment
                                         will not give rise to any tax with respect to the transfer of the Class R Certificates
                                         to a non-Permitted Transferee, (C) to the extent necessary to comply with the Investment
                                         Company Act of 1940, as amended, the Exchange Act, Regulation AB, Regulation RR and/or
                                         any related regulatory actions and/or interpretations or (D) in the event that Regulation
                                         RR (or any portion thereof) or any other regulations applicable to the risk retention
                                         requirements for this securitization transaction are amended or repealed, to the extent
                                         required to comply with any such amendment or to modify or eliminate any risk retention
                                         requirements no longer applicable to this securitization transaction in light of such
                                         repeal;

 

		(v)	to
                                         make any other provisions with respect to matters or questions arising under the Pooling
                                         and Servicing Agreement or any other change, provided that the amendment will
                                         not adversely affect in any material respect the interests of any Certificateholder or
                                         any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(vi)	to
                                         modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5;
                                         provided that such modification does not increase the obligations of the Trustee,
                                         the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer,
                                         the Master Servicer or the Special Servicer without such party’s consent (which
                                         consent may not be withheld unless such modification would materially adversely affect
                                         such party or materially increase such party’s obligations under the Pooling and
                                         Servicing Agreement); provided, further that notice of such modification
                                         is provided to all parties to the Pooling and Servicing Agreement; and

 

		(vii)	to
                                         amend or supplement any provision of the Pooling and Servicing Agreement to the extent
                                         necessary to maintain the ratings assigned to each Class of Certificates by any of the
                                         Rating Agencies, provided that the amendment will not adversely affect in any material
                                         respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided,
further that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or consultation
rights or the right to receive information under the Pooling and Servicing Agreement of

 

    A-23-6

     

    

 

the Controlling Class Representative without
the consent of the Controlling Class Representative; (B) reduce the consultation rights or the right to receive information under
the Pooling and Servicing Agreement of the Operating Advisor without the consent of the Operating Advisor; (C) change in any manner
the obligations or rights of any Mortgage Loan Seller under the Pooling and Servicing Agreement or the applicable Mortgage Loan
Purchase Agreement without the consent of the affected Mortgage Loan Seller; (D) change in any manner the obligations or
rights of any Underwriter or Initial Purchaser, without the consent of the affected Underwriter or Initial Purchaser; or (E) adversely
affect any Serviced Companion Loan Holder in its capacity as such without its consent. Expenses incurred with respect to any amendment
shall be borne by the party requesting such amendment, unless the Master Servicer, the Special Servicer or the Trustee is requesting
an amendment for the benefit of the Certificateholders, then in which case such expense will be borne by the Trust.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of
the Depositor, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian
(if the Certificate Administrator is then acting as Custodian), the Certificate Administrator and the Trustee with the consent
of the Holders of Certificates representing not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected
by the amendment for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or of modifying in any manner the rights of the Certificateholders and the Uncertificated
VRR Interest Owners; provided, however, that no such amendment shall:

 

		(i)	reduce
                                         in any manner the amount of, or delay the timing of, payments received on the Serviced
                                         Loans which are required to be distributed on a Certificate of any Class or the Uncertificated
                                         VRR Interest or to any Serviced Companion Loan Holder, as applicable, without the consent
                                         of the Holder of that Certificate, the Uncertificated VRR Interest Owners or that Serviced
                                         Companion Loan Holder, as applicable,

 

		(ii)	reduce
                                         the aforesaid percentage of Certificates of any Class or of the Uncertificated VRR Interest
                                         the Holders (or, in the case of the Uncertificated VRR Interest, the owners) of which
                                         are required to consent to the amendment without the consent of the Holders of all Certificates
                                         of that Class then outstanding or of the Uncertificated VRR Interest Owners, as applicable,

 

		(iii)	change
                                         in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling
                                         and Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent
                                         of the affected Mortgage Loan Seller,

 

		(iv)	change
                                         the definition of “Servicing Standard” without either (A) consent of 100%
                                         of the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency
                                         Confirmation,

 

		(v)	without
                                         the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
                                         or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change
                                         (A) the percentages of Voting Rights of Certificateholders that are required to consent
                                         to any action or inaction under the Pooling and Servicing Agreement, (B) the right of
                                         the Certificateholders to remove the Special Servicer pursuant to the Pooling and Servicing
                                         Agreement or (C) the right of the Certificateholders to terminate the Operating Advisor
                                         pursuant to the Pooling and Servicing Agreement,

 

		(vi)	adversely
                                         affect the Controlling Class Representative without the consent of 100% of the Controlling
                                         Class Certificateholders,

 

		(vii)	adversely
                                         affect a Serviced Companion Loan Holder in its capacity as such without its consent,
                                         or

 

		(viii)	change
                                         in any manner the obligations or rights of any Underwriter or Initial Purchaser without
                                         the consent of the affected Underwriter or Initial Purchaser.

 

    A-23-7

     

    

 

The
Holders of the Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if
such Holders do not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if
none of such Holders, the Special Servicer or the Master Servicer does, any Holders of Class R Certificates representing
greater than a 50% Percentage Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less than
30 days’ prior notice given to the parties (or, if applicable, the other parties) to the Pooling and Servicing Agreement
(whereupon the Master Servicer shall notify the Serviced Companion Loan Holders) any time on or after the Early Termination Notice
Date specifying the Anticipated Termination Date, by purchasing on such date all, but not less than all, of the Mortgage Loans
(and in the case of any Mortgage Loan that is part of a Serviced Loan Combination, subject to certain rights of the related Serviced
Companion Loan Holder(s) provided for in the related Co-Lender Agreement) then included in the Trust Fund, and all property acquired
by or on behalf of the Trust Fund (including the Trust Fund’s interest in any REO Property acquired with respect to any
Outside Serviced Mortgage Loan) in respect of any Mortgage Loan then included in the Trust Fund, at a purchase price, payable
in cash, equal to (i) the sum of (A) the Termination Purchase Amount and (B) the reasonable out-of-pocket expenses
of the Master Servicer (unless the Master Servicer is the purchaser of such Mortgage Loans), the Special Servicer (unless the
Special Servicer is the purchaser of such Mortgage Loans), the Trustee and the Certificate Administrator, as applicable, with
respect to such termination, minus (ii) solely in the case where the Master Servicer or the Special Servicer is effecting
such purchase, the aggregate amount of unreimbursed Advances, if any, made by the Master Servicer or Special Servicer, as applicable,
together with any interest accrued and payable to the Master Servicer or the Special Servicer, as applicable, in respect of such
Advances and any unpaid Servicing Fees or Special Servicing Fees, as applicable, remaining outstanding (which items will be deemed
to have been paid or reimbursed to the Master Servicer or the Special Servicer, as applicable, in connection with such purchase).

 

Any
Person(s) effecting an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling
Class Representative and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination
by the Holder of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least
30 days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement.

 

The
respective obligations and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor,
the Asset Representations Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement
with respect to the Certificates, the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other
than the obligation to make certain payments and to send certain notices to Certificateholders and the Uncertificated VRR Interest
Owners as set forth in the Pooling and Servicing Agreement and to make any required remittances to the Serviced Companion Loan
Holders in the month in which the final Distribution Date occurs and certain tax-related obligations) shall terminate immediately
following the earlier to occur of (i) the purchase by Holders of the Controlling Class, the Special Servicer, the Master
Servicer or Holders of the Class R Certificates of all the Mortgage Loans and REO Properties (or interests therein) then
included in the Trust Fund pursuant to Section 9.01(c) of the Pooling and Servicing Agreement, (ii) the exchange by the Remaining
Certificateholder of its Certificates and the Uncertificated VRR Interest for all the Mortgage Loans and REO Properties (or interests
therein) then included in the Trust Fund pursuant to Section 9.01(h) of the Pooling and Servicing Agreement and (iii) the
final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan or REO Property (or interest
therein) contained in the Trust Fund; provided, however, that in no event shall the trust created by the Pooling
and Servicing Agreement continue beyond the expiration of twenty-one years from the death of the last survivor of the descendants
of Joseph P. Kennedy, the late ambassador of the United States to the United Kingdom, living on the date of the Pooling and Servicing
Agreement. All such payments as contemplated by the preceding paragraph shall be deposited into the Collection Account by the
Master Servicer or Special Servicer, as applicable, promptly following receipt thereof.

 

    A-23-8

     

    

 

Unless
the Certificate of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the
Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing
Agreement or be valid for any purpose.

 

    A-23-9

     

    
 

IN WITNESS WHEREOF,
the Certificate Administrator has caused this Class J Certificate to be duly executed.

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized Signatory

 

Dated:  ____________, 2022

  

CERTIFICATE
OF AUTHENTICATION

 

This is one of the
Class J Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:  ____________, 2022

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely
as Authenticating Agent

	 	 	 
	 	By:	 
	 	 	Authorized Signatory

  

    A-23-10

     

    

 

ASSIGNMENT

 

FOR VALUE
RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto ____________________________________
______________________________ (please print or typewrite name(s) and address(es), including postal zip code(s) of
assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by the within Class J Certificate
and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on the Certificate Register of the Trust
Fund.

 

I (we) further direct
the Certificate Registrar to issue a new Class J Certificate of the entire Percentage Interest represented by the within Class
J Certificates to the above-named Assignee(s) and to deliver such Class J Certificate to the following address:

 

Date:
_______________

 

		 	Signature by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-23-11

     

    

  

DISTRIBUTION
INSTRUCTIONS

 

The Assignee(s) should
include the following for purposes of distribution:

 

Address of
the Assignee(s) for the purpose of receiving notices and distributions: _______________________________________________________
_____________________________________ Distributions, if being made by wire transfer in immediately available funds to
__________________________ for the account of _________________________________________ account number ____________________________. This
information is provided by ______________________________, the Assignee(s) named above or
____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-23-12

     

    

 

EXHIBIT
A-24

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS R

 

THIS
CERTIFICATE DOES NOT REPRESENT AN INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY
TO THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER
(OR ITS REPRESENTATIVE), THE INITIAL PURCHASERS OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE CERTIFICATES NOR THE MORTGAGE
LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

 

THIS
CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”), OR ANY STATE OR FOREIGN SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT THIS CERTIFICATE
MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY (A) PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE
144A”) TO A PERSON THAT THE HOLDER REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER” WITHIN THE MEANING
OF RULE 144A (A “QIB”), OR IS PURCHASING FOR THE ACCOUNT OF A QIB, AND WHOM THE HOLDER HAS INFORMED THAT THE REOFFER,
RESALE, PLEDGE, OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, AND (B) IN EACH CASE IN ACCORDANCE WITH FEDERAL SECURITIES
LAWS AND ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION.

 

THIS
CERTIFICATE MAY ONLY BE TRANSFERRED TO AND OWNED BY A QIB.

 

THIS
CERTIFICATE MAY NOT BE PURCHASED BY OR PLEDGED, SOLD OR OTHERWISE TRANSFERRED TO ANY PERSON THAT IS OR BECOMES (I) AN EMPLOYEE
BENEFIT PLAN OR OTHER PLAN THAT IS SUBJECT TO THE FIDUCIARY RESPONSIBILITY OR PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE
RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), OR TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986,
AS AMENDED (THE “CODE”), OR A GOVERNMENTAL PLAN (AS DEFINED IN SECTION 3(32) OF ERISA) OR OTHER PLAN THAT IS SUBJECT
TO ANY FEDERAL, STATE OR LOCAL LAW (“SIMILAR LAW”) THAT IS, TO A MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS
OF ERISA OR THE CODE (EACH, A “PLAN”), OR (II) AN ENTITY OR COLLECTIVE INVESTMENT FUND THE ASSETS OF WHICH ARE CONSIDERED
PLAN ASSETS UNDER U.S. DEPARTMENT OF LABOR REG. SECTION 2510.3-101, AS MODIFIED BY SECTION 3(42) OF ERISA (INCLUDING AN INSURANCE
COMPANY THAT IS USING THE ASSETS OF SEPARATE ACCOUNTS OR GENERAL ACCOUNTS WHICH INCLUDE ASSETS OF PLANS (OR WHICH ARE DEEMED PURSUANT
TO ERISA OR SIMILAR LAW TO INCLUDE ASSETS OF PLANS)), OR OTHER PERSON ACTING ON BEHALF OF ANY SUCH PLAN OR USING THE ASSETS OF
SUCH PLAN TO ACQUIRE THIS CERTIFICATE.

 

THIS
CERTIFICATE REPRESENTS A “RESIDUAL INTEREST” IN EACH OF TWO “REAL ESTATE MORTGAGE INVESTMENT CONDUITS”
AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN CODE SECTIONS 860G(a)(2) AND 860D. EACH TRANSFEREE OF THIS CERTIFICATE, BY ACCEPTANCE
HEREOF, IS DEEMED TO HAVE ACCEPTED THIS CERTIFICATE SUBJECT TO CERTAIN RESTRICTIONS ON TRANSFERABILITY TO DISQUALIFIED ORGANIZATIONS,
DISQUALIFIED NON-U.S. TAX PERSONS OR AGENTS OF EITHER, AS SET FORTH IN SECTION 5.03 OF THE POOLING AND SERVICING AGREEMENT, AND
SHALL BE REQUIRED TO FURNISH AN AFFIDAVIT TO THE TRANSFEROR AND THE CERTIFICATE ADMINISTRATOR TO THE EFFECT THAT, AMONG OTHER
THINGS, (A) IT IS NOT A DISQUALIFIED ORGANIZATION, AS SUCH TERM IS DEFINED IN CODE SECTION 860E(e)(5), OR AN AGENT (INCLUDING
A BROKER, NOMINEE OR OTHER MIDDLEMAN) FOR SUCH DISQUALIFIED ORGANIZATION AND IS OTHERWISE A PERMITTED TRANSFEREE, (B) IT HAS HISTORICALLY
PAID ITS DEBTS AS THEY HAVE COME DUE AND INTENDS TO PAY ITS DEBTS

 

    A-24-1

     

    

 

AS THEY COME DUE IN THE FUTURE, (C) IT UNDERSTANDS THAT IT MAY
INCUR TAX LIABILITIES WITH RESPECT TO THIS CERTIFICATE IN EXCESS OF CASH FLOWS GENERATED HEREBY, (D) IT INTENDS TO PAY ANY TAXES
ASSOCIATED WITH HOLDING THIS CERTIFICATE AS THEY BECOME DUE, (E) IT WILL NOT CAUSE INCOME WITH RESPECT TO THIS CERTIFICATE TO
BE ATTRIBUTABLE TO A FOREIGN PERMANENT ESTABLISHMENT OR FIXED BASE, WITHIN THE MEANING OF AN APPLICABLE INCOME TAX TREATY, OF
SUCH PERSON OR ANY OTHER U.S. PERSON AND (F) IT WILL NOT TRANSFER THIS CERTIFICATE TO ANY PERSON OR ENTITY THAT DOES NOT PROVIDE
A SIMILAR AFFIDAVIT. ANY PURPORTED TRANSFER TO A DISQUALIFIED ORGANIZATION OR OTHER PERSON THAT IS NOT A PERMITTED TRANSFEREE
OR OTHERWISE IN VIOLATION OF THESE RESTRICTIONS SHALL BE ABSOLUTELY NULL AND VOID AND SHALL VEST NO RIGHTS IN ANY PURPORTED TRANSFEREE.
THIS CERTIFICATE REPRESENTS MULTIPLE “NONECONOMIC RESIDUAL INTERESTS”, AS DEFINED IN TREASURY REGULATIONS SECTION
1.860E-1(c), AND THEREFORE, TRANSFERS OF THIS CERTIFICATE MAY BE DISREGARDED FOR FEDERAL INCOME TAX PURPOSES. IN ORDER TO SATISFY
A REGULATORY SAFE HARBOR UNDER WHICH SUCH TRANSFERS WILL NOT BE DISREGARDED, THE TRANSFEROR MAY BE REQUIRED, AMONG OTHER THINGS,
TO SATISFY ITSELF AS TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE AND EITHER TO TRANSFER AT A MINIMUM PRICE OR TO AN
ELIGIBLE TRANSFEREE AS SPECIFIED IN TREASURY REGULATIONS.

 

TRANSFERS
OF THIS CERTIFICATE AND/OR INTERESTS HEREIN ARE SUBJECT TO THE DELIVERY OF SUCH CERTIFICATIONS, OPINIONS, AND OTHER EVIDENCE OF
COMPLIANCE WITH APPLICABLE TRANSFER RESTRICTIONS, AND ARE FURTHER SUBJECT TO SUCH DEEMED REPRESENTATIONS AND WARRANTIES ON THE
PART OF THE TRANSFEROR AND/OR TRANSFEREE, AS ARE SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.

 

    A-24-2

     

    

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS R

 

	Percentage
    Interest:  [     ]%	 
	 	 
	Cut-Off Date:  With
    respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage Loan or Serviced Companion
    Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its first Due Date subsequent
    to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage Loan or Serviced Companion
    Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).	 
	 	 

	CUSIP:  08163R
    BG0	 
	ISIN:      US08163RBG02	 
	 	 
	No.:  [1]	 

 

This
certifies that [           ] is the registered owner of an interest in
a Trust Fund, including the distributions to be made with respect to the Class R Certificates. The Trust Fund, described
more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily properties
held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master Servicer
and the Special Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage Loans)
are to be serviced, pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate, by virtue
of the acceptance hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and is bound
thereby. In the event that there is any conflict between any provision of this Certificate and any provision of the Pooling and
Servicing Agreement, such provision of this Certificate shall be superseded to the extent of such inconsistency. Also issued under
the Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3-1, Class A-4-1, Class A-5, Class A-SB,
Class X-A, Class A-S, Class B, Class C, Class A-3-2, Class A-4-2, Class X-D, Class X-F, Class X-G, Class
X-H, Class X-J, Class D, Class E, Class F, Class G, Class H, Class J, Class S and Class VRR Certificates
(together with the Class R Certificates, the “Certificates”; the Holders of Certificates are collectively
referred to herein as “Certificateholders”) and the Uncertificated VRR Interest.

 

This
Certificate is issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022
(the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor,
KeyBank National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor
and Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington
Trust, National Association, as Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

 

This
Certificate represents the “residual interest” in each of two “real estate mortgage investment conduits,”
as those terms are defined, respectively, in Sections 860G(a)(2) and 860D of the Internal Revenue Code of 1986, as amended.

 

    A-24-3

     

    

 

The
Certificate Administrator makes no representation or warranty as to any of the statements contained herein or the validity or
sufficiency of the Certificates or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate
Administrator under the Pooling and Servicing Agreement.

 

Pursuant
to the terms of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution
on any Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such
date, a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related
Record Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of the aggregate amount, if any, with respect to the Class R Certificates for such Distribution Date, all as more fully described
in the Pooling and Servicing Agreement.

 

All
distributions (other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons
in whose names the Certificates are registered at the close of business on each Record Date, which will be the last Business Day
of the month preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer
of immediately available funds to the account of such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with
written wiring instructions no less than five (5) Business Days prior to the related Record Date (which wiring instructions may
be in the form of a standing order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder.
The final distribution on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate
at the office of the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting
as such agent) that is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any
funds not distributed on the Termination Date because of the failure of any Certificateholders to tender their Certificates or
the failure of any Uncertificated VRR Interest Owner to surrender its Uncertificated VRR Interest Portion shall be set aside and
held in trust for the account of the appropriate non tendering Certificateholders or the non-surrendering Uncertificated VRR Interest
Owner(s) whereupon the Trust Fund shall terminate. If any Certificates or Uncertificated VRR Interest Portion as to which notice
of the Termination Date has been given pursuant to Section 9.01 of the Pooling and Servicing Agreement shall not have been surrendered
for cancellation within six months after the time specified in such notice, the Certificate Administrator shall mail a second
notice to the remaining Certificateholders or Uncertificated VRR Interest Owner(s), as applicable, at their last addresses shown
in the Certificate Register, to surrender their Certificates or Uncertificated VRR Interest Portion(s), as applicable, for cancellation
in order to receive, from such funds held, the final distribution with respect thereto. If within one year after the second notice
any Certificate or Uncertificated VRR Interest Portion shall not have been surrendered for cancellation, the Certificate Administrator
may, directly or through an agent, take appropriate steps to contact the remaining Certificateholders or Uncertificated VRR Interest
Owner(s), as applicable, concerning surrender of their Certificates or Uncertificated VRR Interest Portion(s), as applicable.
The costs and expenses of maintaining such funds and of contacting Certificateholders or Uncertificated VRR Interest Owner(s)
shall be paid out of the assets which remain held. Subject to applicable state law with respect to escheatment of funds, if within
two years after the second notice any Certificates or Uncertificated VRR Interest Portion(s) shall not have been surrendered for
cancellation, the Paying Agent shall pay to the Class R Certificateholders all amounts distributable to the Holders thereof or
the Uncertificated VRR Interest Owner(s), as applicable. No interest shall accrue or be payable to any Certificateholder or any
Uncertificated VRR Interest Owner on any amount held as a result of such Certificateholder’s failure to surrender its Certificate(s)
or such Uncertificated VRR Interest Owner’s failure to surrender its Uncertificated VRR Interest Portion, as applicable,
for final payment thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.

 

This
Certificate is limited in right of payment to, among other things, certain collections and recoveries in respect of the Mortgage
Loans, as more specifically set forth herein and in the Pooling and Servicing Agreement.

 

As
provided in the Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject
to the Pooling and Servicing Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled payments
on or collections in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage
Loan, the Due Date in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off
Date); (iii) any REO Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the
Trust’s interest in the related Loan

 

    A-24-4

     

    

 

Combination); (iv) all revenues received in respect of any REO Property (but, with
respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan
Combination); (v) the Master Servicer’s and the Trustee’s rights under the insurance policies with respect to the
Mortgage Loans required to be maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s
rights in any Assignments of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under
any indemnities or guaranties given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the
Certificate Administrator’s rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited
in the Collection Account, the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the
Excess Liquidation Proceeds Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s
rights in any environmental indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under
the Mortgage Loan Purchase Agreements to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing
Agreement; (xi) the Lower-Tier Regular Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This
Certificate does not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights,
duties and immunities of the Certificate Administrator and Trustee.

 

As
provided in the Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender
for registration of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the
name of the designated transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate
interest and of the same Class.

 

Prior
to due presentation of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person
in whose name any Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided
in the Pooling and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer,
the Operating Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall
be affected by any notice to the contrary.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer,
the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders,
any of the Uncertificated VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

		(i)	to
                                         cure any ambiguity to the extent that it does not adversely affect any holders of Certificates
                                         or any Uncertificated VRR Interest Owner;

 

		(ii)	to
                                         correct or supplement any of its provisions which may be inconsistent with any other
                                         provisions of the Pooling and Servicing Agreement or with the description thereof in
                                         the Prospectus or to correct any error;

 

		(iii)	to
                                         change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation
                                         Proceeds Reserve Account, the Excess Interest Distribution Account, the Distribution
                                         Account or any REO Account, provided that (A) the Master Servicer Remittance Date
                                         shall in no event be later than the Business Day prior to the related Distribution Date
                                         and (B) the change would not adversely affect in any material respect the interests
                                         of any Certificateholder or any Uncertificated VRR Interest Owner, as evidenced by an
                                         opinion of counsel (at the expense of the party requesting the amendment);

 

		(iv)	to
                                         modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain
                                         the qualification of any Trust REMIC as a REMIC or the Grantor Trust as a grantor trust
                                         or to avoid or minimize the risk of imposition of any tax on the Trust Fund, provided
                                         that the Trustee and the Certificate Administrator have received an opinion of counsel
                                         (at the expense of the party requesting the amendment) to the effect that (1) the 

 

    A-24-5

     

    

 

action is necessary or desirable to maintain such qualification or to avoid or minimize
                                         such risk and (2) the action will not adversely affect in any material respect the interests
                                         of any holder of the Certificates or any Uncertificated VRR Interest Owner, (B) to
                                         restrict (or to remove any existing restrictions with respect to) the transfer of
                                         the Class R Certificates, provided that the Depositor has determined that the amendment
                                         will not give rise to any tax with respect to the transfer of the Class R Certificates
                                         to a non-Permitted Transferee, (C) to the extent necessary to comply with the Investment
                                         Company Act of 1940, as amended, the Exchange Act, Regulation AB, Regulation RR and/or
                                         any related regulatory actions and/or interpretations or (D) in the event that Regulation
                                         RR (or any portion thereof) or any other regulations applicable to the risk retention
                                         requirements for this securitization transaction are amended or repealed, to the extent
                                         required to comply with any such amendment or to modify or eliminate any risk retention
                                         requirements no longer applicable to this securitization transaction in light of such
                                         repeal;

 

		(v)	to
                                         make any other provisions with respect to matters or questions arising under the Pooling
                                         and Servicing Agreement or any other change, provided that the amendment will
                                         not adversely affect in any material respect the interests of any Certificateholder or
                                         any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(vi)	to
                                         modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5;
                                         provided that such modification does not increase the obligations of the Trustee,
                                         the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer,
                                         the Master Servicer or the Special Servicer without such party’s consent (which
                                         consent may not be withheld unless such modification would materially adversely affect
                                         such party or materially increase such party’s obligations under the Pooling and
                                         Servicing Agreement); provided, further that notice of such modification
                                         is provided to all parties to the Pooling and Servicing Agreement; and

 

		(vii)	to
                                         amend or supplement any provision of the Pooling and Servicing Agreement to the extent
                                         necessary to maintain the ratings assigned to each Class of Certificates by any of the
                                         Rating Agencies, provided that the amendment will not adversely affect in any material
                                         respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided,
further that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or consultation
rights or the right to receive information under the Pooling and Servicing Agreement of the Controlling Class Representative without
the consent of the Controlling Class Representative; (B) reduce the consultation rights or the right to receive information under
the Pooling and Servicing Agreement of the Operating Advisor without the consent of the Operating Advisor; (C) change in any manner
the obligations or rights of any Mortgage Loan Seller under the Pooling and Servicing Agreement or the applicable Mortgage Loan
Purchase Agreement without the consent of the affected Mortgage Loan Seller; (D) change in any manner the obligations or
rights of any Underwriter or Initial Purchaser, without the consent of the affected Underwriter or Initial Purchaser; or (E) adversely
affect any Serviced Companion Loan Holder in its capacity as such without its consent. Expenses incurred with respect to any amendment
shall be borne by the party requesting such amendment, unless the Master Servicer, the Special Servicer or the Trustee is requesting
an amendment for the benefit of the Certificateholders, then in which case such expense will be borne by the Trust.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of
the Depositor, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian
(if the Certificate Administrator is then acting as Custodian), the Certificate Administrator and the Trustee with the consent
of the Holders of Certificates representing not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected
by the amendment for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or of modifying in any manner the rights of the Certificateholders and the Uncertificated
VRR Interest Owners; provided, however, that no such amendment shall:

 

    A-24-6

     

    

 

		(i)	reduce
                                         in any manner the amount of, or delay the timing of, payments received on the Serviced
                                         Loans which are required to be distributed on a Certificate of any Class or the Uncertificated
                                         VRR Interest or to any Serviced Companion Loan Holder, as applicable, without the consent
                                         of the Holder of that Certificate, the Uncertificated VRR Interest Owners or that Serviced
                                         Companion Loan Holder, as applicable,

 

		(ii)	reduce
                                         the aforesaid percentage of Certificates of any Class or of the Uncertificated VRR Interest
                                         the Holders (or, in the case of the Uncertificated VRR Interest, the owners) of which
                                         are required to consent to the amendment without the consent of the Holders of all Certificates
                                         of that Class then outstanding or of the Uncertificated VRR Interest Owners, as applicable,

 

		(iii)	change
                                         in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling
                                         and Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent
                                         of the affected Mortgage Loan Seller,

 

		(iv)	change
                                         the definition of “Servicing Standard” without either (A) consent of 100%
                                         of the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency
                                         Confirmation,

 

		(v)	without
                                         the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
                                         or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change
                                         (A) the percentages of Voting Rights of Certificateholders that are required to consent
                                         to any action or inaction under the Pooling and Servicing Agreement, (B) the right of
                                         the Certificateholders to remove the Special Servicer pursuant to the Pooling and Servicing
                                         Agreement or (C) the right of the Certificateholders to terminate the Operating Advisor
                                         pursuant to the Pooling and Servicing Agreement,

 

		(vi)	adversely
                                         affect the Controlling Class Representative without the consent of 100% of the Controlling
                                         Class Certificateholders,

 

		(vii)	adversely
                                         affect a Serviced Companion Loan Holder in its capacity as such without its consent,
                                         or

 

		(viii)	change
                                         in any manner the obligations or rights of any Underwriter or Initial Purchaser without
                                         the consent of the affected Underwriter or Initial Purchaser.

 

The
Holders of the Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if
such Holders do not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if
none of such Holders, the Special Servicer or the Master Servicer does, any Holders of Class R Certificates representing
greater than a 50% Percentage Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less than
30 days’ prior notice given to the parties (or, if applicable, the other parties) to the Pooling and Servicing Agreement
(whereupon the Master Servicer shall notify the Serviced Companion Loan Holders) any time on or after the Early Termination Notice
Date specifying the Anticipated Termination Date, by purchasing on such date all, but not less than all, of the Mortgage Loans
(and in the case of any Mortgage Loan that is part of a Serviced Loan Combination, subject to certain rights of the related Serviced
Companion Loan Holder(s) provided for in the related Co-Lender Agreement) then included in the Trust Fund, and all property acquired
by or on behalf of the Trust Fund (including the Trust Fund’s interest in any REO Property acquired with respect to any
Outside Serviced Mortgage Loan) in respect of any Mortgage Loan then included in the Trust Fund, at a purchase price, payable
in cash, equal to (i) the sum of (A) the Termination Purchase Amount and (B) the reasonable out-of-pocket expenses
of the Master Servicer (unless the Master Servicer is the purchaser of such Mortgage Loans), the Special Servicer (unless the
Special Servicer is the purchaser of such Mortgage Loans), the Trustee and the Certificate Administrator, as applicable, with
respect to such termination, minus (ii) solely in the case where the Master Servicer or the Special Servicer is effecting
such purchase, the aggregate amount of unreimbursed Advances, if any, made by the Master Servicer or Special Servicer, as applicable,
together with any interest accrued and payable to the Master Servicer or the Special Servicer, as applicable, in respect of such
Advances and any unpaid Servicing Fees or Special Servicing Fees, as applicable, remaining outstanding (which

 

    A-24-7

     

    

 

items will be deemed
to have been paid or reimbursed to the Master Servicer or the Special Servicer, as applicable, in connection with such purchase).

 

Any
Person(s) effecting an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling
Class Representative and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination
by the Holder of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least
30 days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement.

 

The
respective obligations and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor,
the Asset Representations Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement
with respect to the Certificates, the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other
than the obligation to make certain payments and to send certain notices to Certificateholders and the Uncertificated VRR Interest
Owners as set forth in the Pooling and Servicing Agreement and to make any required remittances to the Serviced Companion Loan
Holders in the month in which the final Distribution Date occurs and certain tax-related obligations) shall terminate immediately
following the earlier to occur of (i) the purchase by Holders of the Controlling Class, the Special Servicer, the Master
Servicer or Holders of the Class R Certificates of all the Mortgage Loans and REO Properties (or interests therein) then
included in the Trust Fund pursuant to Section 9.01(c) of the Pooling and Servicing Agreement, (ii) the exchange by the Remaining
Certificateholder of its Certificates and the Uncertificated VRR Interest for all the Mortgage Loans and REO Properties (or interests
therein) then included in the Trust Fund pursuant to Section 9.01(h) of the Pooling and Servicing Agreement and (iii) the
final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan or REO Property (or interest
therein) contained in the Trust Fund; provided, however, that in no event shall the trust created by the Pooling
and Servicing Agreement continue beyond the expiration of twenty-one years from the death of the last survivor of the descendants
of Joseph P. Kennedy, the late ambassador of the United States to the United Kingdom, living on the date of the Pooling and Servicing
Agreement. All such payments as contemplated by the preceding paragraph shall be deposited into the Collection Account by the
Master Servicer or Special Servicer, as applicable, promptly following receipt thereof.

 

Unless
the Certificate of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the
Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing
Agreement or be valid for any purpose.

 

    A-24-8

     

    
 

IN WITNESS WHEREOF,
the Certificate Administrator has caused this Class R Certificate to be duly executed.

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized Signatory

 

Dated:  ____________, 2022

  

CERTIFICATE
OF AUTHENTICATION

 

This is one of the
Class R Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:  ____________, 2022

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely
as Authenticating Agent

	 	 	 
	 	By:	 
	 	 	Authorized Signatory

  

    A-24-9

     

    

 

ASSIGNMENT

 

FOR VALUE
RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto ____________________________________
______________________________ (please print or typewrite name(s) and address(es), including postal zip code(s) of
assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by the within Class R Certificate
and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on the Certificate Register of the Trust
Fund.

 

I (we) further direct
the Certificate Registrar to issue a new Class R Certificate of the entire Percentage Interest represented by the within Class
R Certificates to the above-named Assignee(s) and to deliver such Class R Certificate to the following address:

 

Date:
_______________

 

		 	Signature by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-24-10

     

    

  

DISTRIBUTION
INSTRUCTIONS

 

The Assignee(s) should
include the following for purposes of distribution:

 

Address of
the Assignee(s) for the purpose of receiving notices and distributions: _______________________________________________________
_____________________________________ Distributions, if being made by wire transfer in immediately available funds to
__________________________ for the account of _________________________________________ account number ____________________________. This
information is provided by ______________________________, the Assignee(s) named above or
____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-24-11

     

    

 

EXHIBIT
A-25

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS S

 

THIS
CERTIFICATE DOES NOT REPRESENT AN INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY
TO THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER
(OR ITS REPRESENTATIVE), THE INITIAL PURCHASERS OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE CERTIFICATES NOR THE MORTGAGE
LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

 

THIS
CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”), OR ANY STATE OR FOREIGN SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT THIS CERTIFICATE
MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY (A)(1) PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE
144A”) TO A PERSON THAT THE HOLDER REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER” WITHIN THE MEANING
OF RULE 144A (A “QIB”), OR IS PURCHASING FOR THE ACCOUNT OF A QIB, AND WHOM THE HOLDER HAS INFORMED THAT THE REOFFER,
RESALE, PLEDGE, OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, OR (2) TO AN INSTITUTIONAL “ACCREDITED INVESTOR”
WITHIN THE MEANING OF, OR IN WHICH ALL THE EQUITY OWNERS COME WITHIN THE MEANING OF, RULE 501(a)(1), (2), (3) OR (7) OF REGULATION
D UNDER THE SECURITIES ACT THAT IS NOT A QIB, AND (B) IN EACH CASE IN ACCORDANCE WITH FEDERAL SECURITIES LAWS AND ANY APPLICABLE
SECURITIES LAWS OF ANY STATE OF THE UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION.

 

THIS
CERTIFICATE MAY ONLY BE TRANSFERRED TO AND OWNED BY A PERSON THAT IS EITHER (A) A QIB OR (B) OTHER INSTITUTIONAL “ACCREDITED
INVESTOR” WITHIN THE MEANING OF, OR IN WHICH ALL THE EQUITY OWNERS COME WITHIN THE MEANING OF, RULE 501(a)(1), (2), (3)
OR (7) OF REGULATION D UNDER THE SECURITIES ACT.

 

THIS
CERTIFICATE MAY NOT BE PURCHASED BY OR PLEDGED, SOLD OR OTHERWISE TRANSFERRED TO ANY PERSON THAT IS OR BECOMES (I) AN EMPLOYEE
BENEFIT PLAN OR OTHER PLAN THAT IS SUBJECT TO THE FIDUCIARY RESPONSIBILITY OR PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE
RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), OR TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986,
AS AMENDED (THE “CODE”), OR A GOVERNMENTAL PLAN (AS DEFINED IN SECTION 3(32) OF ERISA) OR OTHER PLAN THAT IS SUBJECT
TO ANY FEDERAL, STATE OR LOCAL LAW (“SIMILAR LAW”) THAT IS, TO A MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS
OF ERISA OR THE CODE (EACH, A “PLAN”), OR (II) AN ENTITY OR COLLECTIVE INVESTMENT FUND THE ASSETS OF WHICH ARE CONSIDERED
PLAN ASSETS UNDER U.S. DEPARTMENT OF LABOR REG. SECTION 2510.3-101, AS MODIFIED BY SECTION 3(42) OF ERISA (INCLUDING AN INSURANCE
COMPANY THAT IS USING THE ASSETS OF SEPARATE ACCOUNTS OR GENERAL ACCOUNTS WHICH INCLUDE ASSETS OF PLANS (OR WHICH ARE DEEMED PURSUANT
TO ERISA OR SIMILAR LAW TO INCLUDE ASSETS OF PLANS)), OR OTHER PERSON ACTING ON BEHALF OF ANY SUCH PLAN OR USING THE ASSETS OF
SUCH PLAN TO ACQUIRE THIS CERTIFICATE.

 

THIS
CERTIFICATE REPRESENTS AN UNDIVIDED BENEFICIAL INTEREST IN CERTAIN ASSETS OF A GRANTOR TRUST CONSISTING PRIMARILY OF ANY EXCESS
INTEREST COLLECTED ON THE ARD MORTGAGE LOANS AND AMOUNTS HELD FROM TIME TO TIME IN THE EXCESS INTEREST DISTRIBUTION ACCOUNT.

 

    A-25-1

     

    

 

TRANSFERS
OF THIS CERTIFICATE AND/OR INTERESTS HEREIN ARE SUBJECT TO THE DELIVERY OF SUCH CERTIFICATIONS, OPINIONS, AND OTHER EVIDENCE OF
COMPLIANCE WITH APPLICABLE TRANSFER RESTRICTIONS, AND ARE FURTHER SUBJECT TO SUCH DEEMED REPRESENTATIONS AND WARRANTIES ON THE
PART OF THE TRANSFEROR AND/OR TRANSFEREE, AS ARE SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.

 

    A-25-2

     

    

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS S

 

	Percentage
    Interest:  [     ]%	 
	 	 
	Cut-Off Date:  With
    respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage Loan or Serviced Companion
    Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its first Due Date subsequent
    to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage Loan or Serviced Companion
    Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).	 
	 	 

	CUSIP:  08163R
        BE51

        08163R BF22

         
	 
	ISIN:
    US08163RBE533

US08163RBF294
	 
	 	 
	No.:  [1]	 

 

This
certifies that [           ] [as nominee] is the registered owner of an
interest in a Trust Fund, including the distributions to be made with respect to the Class S Certificates. The Trust Fund,
described more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily
properties held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master
Servicer and the Special Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage
Loans) are to be serviced, pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate,
by virtue of the acceptance hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and
is bound thereby. In the event that there is any conflict between any provision of this Certificate and any provision of the Pooling
and Servicing Agreement, such provision of this Certificate shall be superseded to the extent of such inconsistency. Also issued
under the Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3-1, Class A-4-1, Class A-5,
Class A-SB, Class X-A, Class A-S, Class B, Class C, Class A-3-2, Class A-4-2, Class X-D, Class X-F,
Class X-G, Class X-H, Class X-J, Class D, Class E, Class F, Class G, Class H, Class J, Class R and Class VRR
Certificates (together with the Class S Certificates, the “Certificates”; the Holders of Certificates
are collectively referred to herein as “Certificateholders”) and the Uncertificated VRR Interest.

 

This
Certificate is issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022
(the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor,
KeyBank National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor
and Asset Representations Reviewer, Computershare Trust

 

 

 

		1	For
                                         Rule 144A Certificates

 

		2	For
                                         IAI Certificates

 

		3	For
                                         Rule 144A Certificates

 

		4	For
                                         IAI Certificates

 

    A-25-3

     

    

 

Company, National Association, as Certificate Administrator, and Wilmington
Trust, National Association, as Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

 

This
Certificate represents a beneficial ownership interest in certain assets of a grantor trust consisting primarily of any Excess
Interest collected on the ARD Mortgage Loans and amounts held from time to time in the Excess Interest Distribution Account. Each
Holder of this Certificate, by acceptance hereof, agrees to treat, and take no action inconsistent with the treatment of, this
Certificate in accordance with the preceding sentence for purposes of federal income taxes, state and local income and franchise
taxes and other taxes imposed on or measured by income.

 

The
Certificate Administrator makes no representation or warranty as to any of the statements contained herein or the validity or
sufficiency of the Certificates or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate
Administrator under the Pooling and Servicing Agreement.

 

Pursuant
to the terms of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution
on any Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such
date, a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related
Record Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of the aggregate amount then distributable, if any, with respect to the Class S Certificates for such Distribution Date,
all as more fully described in the Pooling and Servicing Agreement.

 

All
distributions (other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons
in whose names the Certificates are registered at the close of business on each Record Date, which will be the last Business Day
of the month preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer
of immediately available funds to the account of such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with
written wiring instructions no less than five (5) Business Days prior to the related Record Date (which wiring instructions may
be in the form of a standing order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder.
The final distribution on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate
at the office of the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting
as such agent) that is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any
funds not distributed on the Termination Date because of the failure of any Certificateholders to tender their Certificates shall
be set aside and held in trust for the account of the appropriate non-tendering Certificateholders, whereupon the Trust Fund shall
terminate. If any Certificates as to which notice of the Termination Date has been given pursuant to Section 9.01 of the Pooling
and Servicing Agreement shall not have been surrendered for cancellation within six months after the time specified in such notice,
the Certificate Administrator shall mail a second notice to the remaining Certificateholders, at their last addresses shown in
the Certificate Register, to surrender their Certificates for cancellation in order to receive, from such funds held, the final
distribution with respect thereto. If within one year after the second notice any Certificate shall not have been surrendered
for cancellation, the Certificate Administrator may, directly or through an agent, take appropriate steps to contact the remaining
Certificateholders concerning surrender of their Certificates. The costs and expenses of maintaining such funds and of contacting
Certificateholders shall be paid out of the assets which remain held. Subject to applicable state law with respect to escheatment
of funds, if within two years after the second notice any Certificates shall not have been surrendered for cancellation, the Paying
Agent shall pay to the Class R Certificateholders all amounts distributable to the Holders thereof. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such Certificateholder’s failure to surrender its
Certificate(s) for final payment thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.

 

This
Certificate is limited in right of payment to, among other things, Excess Interest actually collected in respect of the Mortgage
Loans, as more specifically set forth herein and in the Pooling and Servicing Agreement.

 

As
provided in the Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject
to the Pooling and Servicing Agreement, together with the Mortgage Files relating thereto;

 

    A-25-4

     

    

 

(ii) all scheduled or unscheduled payments
on or collections in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage
Loan, the Due Date in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off
Date); (iii) any REO Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the
Trust’s interest in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but, with
respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan
Combination); (v) the Master Servicer’s and the Trustee’s rights under the insurance policies with respect to the
Mortgage Loans required to be maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s
rights in any Assignments of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under
any indemnities or guaranties given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the Certificate
Administrator’s rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited in
the Collection Account, the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the
Excess Liquidation Proceeds Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s
rights in any environmental indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under
the Mortgage Loan Purchase Agreements to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing
Agreement; (xi) the Lower-Tier Regular Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This
Certificate does not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights,
duties and immunities of the Certificate Administrator and Trustee.

 

As
provided in the Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender
for registration of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the
name of the designated transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate
interest and of the same Class.

 

Prior
to due presentation of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person
in whose name any Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided
in the Pooling and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer,
the Operating Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall
be affected by any notice to the contrary.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer,
the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders,
any of the Uncertificated VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

		(i)	to
                                         cure any ambiguity to the extent that it does not adversely affect any holders of Certificates
                                         or any Uncertificated VRR Interest Owner;

 

		(ii)	to
                                         correct or supplement any of its provisions which may be inconsistent with any other
                                         provisions of the Pooling and Servicing Agreement or with the description thereof in
                                         the Prospectus or to correct any error;

 

		(iii)	to
                                         change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation
                                         Proceeds Reserve Account, the Excess Interest Distribution Account, the Distribution
                                         Account or any REO Account, provided that (A) the Master Servicer Remittance Date
                                         shall in no event be later than the Business Day prior to the related Distribution Date
                                         and (B) the change would not adversely affect in any material respect the interests
                                         of any Certificateholder or any Uncertificated VRR Interest Owner, as evidenced by an
                                         opinion of counsel (at the expense of the party requesting the amendment);

 

    A-25-5

     

    

 

		(iv)	to
                                         modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain
                                         the qualification of either Trust REMIC as a REMIC or the Grantor Trust as a grantor
                                         trust or to avoid or minimize the risk of imposition of any tax on the Trust Fund, provided
                                         that the Trustee and the Certificate Administrator have received an opinion of counsel
                                         (at the expense of the party requesting the amendment) to the effect that (1) the
                                         action is necessary or desirable to maintain such qualification or to avoid or minimize
                                         such risk and (2) the action will not adversely affect in any material respect the interests
                                         of any holder of the Certificates or any Uncertificated VRR Interest Owner, (B) to
                                         restrict (or to remove any existing restrictions with respect to) the transfer of
                                         the Class R Certificates, provided that the Depositor has determined that the amendment
                                         will not give rise to any tax with respect to the transfer of the Class R Certificates
                                         to a non-Permitted Transferee, (C) to the extent necessary to comply with the Investment
                                         Company Act of 1940, as amended, the Exchange Act, Regulation AB, Regulation RR and/or
                                         any related regulatory actions and/or interpretations or (D) in the event that Regulation
                                         RR (or any portion thereof) or any other regulations applicable to the risk retention
                                         requirements for this securitization transaction are amended or repealed, to the extent
                                         required to comply with any such amendment or to modify or eliminate any risk retention
                                         requirements no longer applicable to this securitization transaction in light of such
                                         repeal;

 

		(v)	to
                                         make any other provisions with respect to matters or questions arising under the Pooling
                                         and Servicing Agreement or any other change, provided that the amendment will
                                         not adversely affect in any material respect the interests of any Certificateholder or
                                         any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(vi)	to
                                         modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5;
                                         provided that such modification does not increase the obligations of the Trustee, the
                                         Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer,
                                         the Master Servicer or the Special Servicer without such party’s consent (which
                                         consent may not be withheld unless such modification would materially adversely affect
                                         such party or materially increase such party’s obligations under the Pooling and
                                         Servicing Agreement); provided, further that notice of such modification
                                         is provided to all parties to the Pooling and Servicing Agreement; and

 

		(vii)	to
                                         amend or supplement any provision of the Pooling and Servicing Agreement to the extent
                                         necessary to maintain the ratings assigned to each Class of Certificates by any of the
                                         Rating Agencies, provided that the amendment will not adversely affect in any material
                                         respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided,
further that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or consultation
rights or the right to receive information under the Pooling and Servicing Agreement of the Controlling Class Representative without
the consent of the Controlling Class Representative; (B) reduce the consultation rights or the right to receive information under
the Pooling and Servicing Agreement of the Operating Advisor without the consent of the Operating Advisor; (C) change in any manner
the obligations or rights of any Mortgage Loan Seller under the Pooling and Servicing Agreement or the applicable Mortgage Loan
Purchase Agreement without the consent of the affected Mortgage Loan Seller; (D) change in any manner the obligations or rights
of any Underwriter or Initial Purchaser, without the consent of the affected Underwriter or Initial Purchaser; or (E) adversely
affect any Serviced Companion Loan Holder in its capacity as such without its consent. Expenses incurred with respect to any amendment
shall be borne by the party requesting such amendment, unless the Master Servicer, the Special Servicer or the Trustee is requesting
an amendment for the benefit of the Certificateholders, then in which case such expense will be borne by the Trust.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of
the Depositor, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian
(if the Certificate Administrator is then acting as Custodian), the Certificate Administrator and the Trustee with the consent
of the Holders of Certificates representing not less than

 

    A-25-6

     

    

 

66-2/3% of the Percentage Interests of each Class of Certificates affected
by the amendment for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or of modifying in any manner the rights of the Certificateholders and the Uncertificated
VRR Interest Owners; provided, however, that no such amendment shall:

 

		(i)	reduce
                                         in any manner the amount of, or delay the timing of, payments received on the Serviced
                                         Loans which are required to be distributed on a Certificate of any Class or the Uncertificated
                                         VRR Interest or to any Serviced Companion Loan Holder, as applicable, without the consent
                                         of the Holder of that Certificate, the Uncertificated VRR Interest Owners or that Serviced
                                         Companion Loan Holder, as applicable,

 

		(ii)	reduce
                                         the aforesaid percentage of Certificates of any Class or of the Uncertificated VRR Interest
                                         the Holders (or, in the case of the Uncertificated VRR Interest, the owners) of which
                                         are required to consent to the amendment without the consent of the Holders of all Certificates
                                         of that Class then outstanding or of the Uncertificated VRR Interest Owners, as applicable,

 

		(iii)	change
                                         in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling
                                         and Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent
                                         of the affected Mortgage Loan Seller,

 

		(iv)	change
                                         the definition of “Servicing Standard” without either (A) consent of 100%
                                         of the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency
                                         Confirmation,

 

		(v)	without
                                         the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
                                         or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change
                                         (A) the percentages of Voting Rights of Certificateholders which are required to consent
                                         to any action or inaction under the Pooling and Servicing Agreement, (B) the right of
                                         the Certificateholders to remove the Special Servicer pursuant to the Pooling and Servicing
                                         Agreement or (C) the right of the Certificateholders to terminate the Operating Advisor
                                         pursuant to the Pooling and Servicing Agreement,

 

		(vi)	adversely
                                         affect the Serviced Controlling Class Representative without the consent of 100% of the
                                         Controlling Class Certificateholders,

 

		(vii)	adversely
                                         affect a Companion Loan Holder in its capacity as such without its consent, or

 

		(viii)	change
                                         in any manner the obligations or rights of any Underwriter or Initial Purchaser without
                                         the consent of the affected Underwriter or Initial Purchaser.

 

The
Holders of the Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if
such Holders do not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if
none of such Holders, the Special Servicer or the Master Servicer does, any Holders of Class R Certificates representing
greater than a 50% Percentage Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less than
30 days’ prior notice given to the parties (or, if applicable, the other parties) to the Pooling and Servicing Agreement
(whereupon the Master Servicer shall notify the Serviced Companion Loan Holders) any time on or after the Early Termination Notice
Date specifying the Anticipated Termination Date, by purchasing on such date all, but not less than all, of the Mortgage Loans
(and in the case of any Mortgage Loan that is part of a Serviced Loan Combination, subject to certain rights of the related Serviced
Companion Loan Holder(s) provided for in the related Co-Lender Agreement) then included in the Trust Fund, and all property acquired
by or on behalf of the Trust Fund (including the Trust Fund’s interest in any REO Property acquired with respect to any
Outside Serviced Mortgage Loan) in respect of any Mortgage Loan then included in the Trust Fund, at a purchase price, payable
in cash, equal to (i) the sum of (A) the Termination Purchase Amount and (B) the reasonable out-of-pocket expenses
of the Master Servicer (unless the Master Servicer is the purchaser of

 

    A-25-7

     

    

 

such Mortgage Loans), the Special Servicer (unless the
Special Servicer is the purchaser of such Mortgage Loans), the Trustee and the Certificate Administrator, as applicable, with
respect to such termination, minus (ii) solely in the case where the Master Servicer or the Special Servicer is effecting
such purchase, the aggregate amount of unreimbursed Advances, if any, made by the Master Servicer or Special Servicer, as applicable,
together with any interest accrued and payable to the Master Servicer or the Special Servicer, as applicable, in respect of such
Advances and any unpaid Servicing Fees or Special Servicing Fees, as applicable, remaining outstanding (which items will be deemed
to have been paid or reimbursed to the Master Servicer or the Special Servicer, as applicable, in connection with such purchase).

 

Any
Person(s) effecting an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling
Class Representative and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination
by the Holder of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least
30 days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement.

 

The
respective obligations and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor,
the Asset Representations Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement
with respect to the Certificates, the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other
than the obligation to make certain payments and to send certain notices to Certificateholders and the Uncertificated VRR Interest
Owners as set forth in the Pooling and Servicing Agreement and to make any required remittances to the Serviced Companion Loan
Holders in the month in which the final Distribution Date occurs and certain tax-related obligations) shall terminate immediately
following the earlier to occur of (i) the purchase by Holders of the Controlling Class, the Special Servicer, the Master
Servicer or Holders of the Class R Certificates of all the Mortgage Loans and REO Properties (or interests therein) then
included in the Trust Fund pursuant to Section 9.01(c) of the Pooling and Servicing Agreement, (ii) the exchange by the Remaining
Certificateholder of its Certificates and the Uncertificated VRR Interest for all the Mortgage Loans and REO Properties (or interests
therein) then included in the Trust Fund pursuant to Section 9.01(h) of the Pooling and Servicing Agreement and (iii) the
final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan or REO Property (or interest
therein) contained in the Trust Fund; provided, however, that in no event shall the trust created by the Pooling
and Servicing Agreement continue beyond the expiration of twenty-one years from the death of the last survivor of the descendants
of Joseph P. Kennedy, the late ambassador of the United States to the United Kingdom, living on the date of the Pooling and Servicing
Agreement. All such payments as contemplated by the preceding paragraph shall be deposited into the Collection Account by the
Master Servicer or Special Servicer, as applicable, promptly following receipt thereof.

 

Unless
the Certificate of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the
Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing
Agreement or be valid for any purpose.

 

    A-25-8

     

    

 

IN WITNESS WHEREOF,
the Certificate Administrator has caused this Class S Certificate to be duly executed.

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized Signatory

 

Dated:  ____________, 2022

  

CERTIFICATE
OF AUTHENTICATION

 

This is one of the
Class S Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:  ____________, 2022

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely
as Authenticating Agent

	 	 	 
	 	By:	 
	 	 	Authorized Signatory

  

    A-25-9

     

    

 

ASSIGNMENT

 

FOR VALUE
RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto ____________________________________
______________________________ (please print or typewrite name(s) and address(es), including postal zip code(s) of
assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by the within Class S Certificate
and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on the Certificate Register of the Trust
Fund.

 

I (we) further direct
the Certificate Registrar to issue a new Class S Certificate of the entire Percentage Interest represented by the within Class
S Certificates to the above-named Assignee(s) and to deliver such Class S Certificate to the following address:

 

Date:
_______________

 

		 	Signature by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-25-10

     

    

  

DISTRIBUTION
INSTRUCTIONS

 

The Assignee(s) should
include the following for purposes of distribution:

 

Address of
the Assignee(s) for the purpose of receiving notices and distributions: _______________________________________________________
_____________________________________ Distributions, if being made by wire transfer in immediately available funds to
__________________________ for the account of _________________________________________ account number ____________________________. This
information is provided by ______________________________, the Assignee(s) named above or
____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-25-11

     

    

 

EXHIBIT
A-26

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS VRR

 

[UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”),
TO THE CERTIFICATE REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE
NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO
CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER
USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS
AN INTEREST HEREIN.]1

 

[TRANSFERS
OF THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC OR A SUCCESSOR THEREOF
OR SUCH SUCCESSOR’S NOMINEE, AND TRANSFERS OF BENEFICIAL INTERESTS IN THIS GLOBAL CERTIFICATE SHALL BE LIMITED TO TRANSFERS
MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW.]2

 

THIS
CERTIFICATE DOES NOT REPRESENT AN INTEREST IN OR OBLIGATION OF THE SPONSORS, THE ORIGINATORS, THE DEPOSITOR OR ANY OTHER PARTY
TO THE POOLING AND SERVICING AGREEMENT REFERRED TO BELOW, ANY DIRECTING HOLDER, ANY CONSULTING PARTY, ANY COMPANION LOAN HOLDER
(OR ITS REPRESENTATIVE), THE UNDERWRITERS OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THE CERTIFICATES NOR THE MORTGAGE LOANS
ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

 

PRINCIPAL
PAYMENTS IN RESPECT OF THIS CERTIFICATE ARE DISTRIBUTABLE AS SET FORTH IN THE POOLING AND SERVICING AGREEMENT. ACCORDINGLY, THE
OUTSTANDING CERTIFICATE BALANCE OF THIS CERTIFICATE AT ANY TIME MAY BE LESS THAN THE INITIAL CERTIFICATE BALANCE SET FORTH BELOW.

 

THIS
CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”), OR ANY STATE OR FOREIGN SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS CERTIFICATE, AGREES THAT THIS CERTIFICATE
MAY BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED ONLY (A)(1) PURSUANT TO RULE 144A UNDER THE SECURITIES ACT (“RULE
144A”) TO A PERSON THAT THE HOLDER REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER” WITHIN THE MEANING
OF RULE 144A (A “QIB”), OR IS PURCHASING FOR THE ACCOUNT OF A QIB, AND WHOM THE HOLDER HAS INFORMED THAT THE REOFFER,
RESALE, PLEDGE, OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (2) IN AN “OFFSHORE TRANSACTION” TO AN INSTITUTION
THAT IS NOT A “U.S. PERSON”, AS SUCH TERMS ARE DEFINED IN, AND IN ACCORDANCE WITH RULE 903 OR RULE 904 OF, REGULATION
S UNDER THE SECURITIES ACT, OR (3) TO AN INSTITUTIONAL “ACCREDITED INVESTOR” WITHIN THE MEANING OF, OR IN WHICH ALL
THE EQUITY OWNERS COME WITHIN THE MEANING OF, RULE 501(a)(1), (2), (3) OR (7) OF REGULATION D UNDER THE SECURITIES ACT THAT IS
NOT A QIB, AND (B) IN EACH CASE IN ACCORDANCE WITH FEDERAL SECURITIES LAWS AND ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF
THE UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION.

 

 

 

		1	Legend
required as long as DTC is the Depository under the Pooling and Servicing Agreement.

 

		2	Global
Certificate legend.

 

    A-26-1

     

    

 

THIS
CERTIFICATE MAY NOT BE PURCHASED BY OR PLEDGED, SOLD OR OTHERWISE TRANSFERRED TO ANY PERSON THAT IS OR BECOMES (I) AN EMPLOYEE
BENEFIT PLAN OR OTHER PLAN THAT IS SUBJECT TO THE FIDUCIARY RESPONSIBILITY OR PROHIBITED TRANSACTION PROVISIONS OF THE EMPLOYEE
RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), OR TO SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986,
AS AMENDED (THE “CODE”), OR A GOVERNMENTAL PLAN (AS DEFINED IN SECTION 3(32) OF ERISA) OR OTHER PLAN THAT IS SUBJECT
TO ANY FEDERAL, STATE OR LOCAL LAW (“SIMILAR LAW”) THAT IS, TO A MATERIAL EXTENT, SIMILAR TO THE FOREGOING PROVISIONS
OF ERISA OR THE CODE (EACH, A “PLAN”), OR (II) AN ENTITY OR COLLECTIVE INVESTMENT FUND THE ASSETS OF WHICH ARE CONSIDERED
PLAN ASSETS UNDER U.S. DEPARTMENT OF LABOR REG. SECTION 2510.3-101, AS MODIFIED BY SECTION 3(42) OF ERISA, OR SIMILAR LAW OR OTHER
PERSON ACTING ON BEHALF OF ANY SUCH PLAN OR USING THE ASSETS OF SUCH PLAN TO ACQUIRE THIS CERTIFICATE, UNLESS (A)(I) THIS CERTIFICATE
IS ACQUIRED BY SUCH PERSON THROUGH CITIGROUP GLOBAL MARKETS INC., GOLDMAN SACHS & CO., DEUTSCHE BANK SECURITIES INC. OR J.P.
MORGAN SECURITIES LLC, (II) SUCH PERSON IS AN “INSURANCE COMPANY GENERAL ACCOUNT” WITHIN THE MEANING OF PROHIBITED
TRANSACTION CLASS EXEMPTION 95-60, AND (III) ALL CONDITIONS OF SECTIONS I AND III OF PROHIBITED TRANSACTION CLASS EXEMPTION 95-60
WILL BE MET WITH RESPECT TO SUCH INSURANCE COMPANY GENERAL ACCOUNT’S ACQUISITION, HOLDING AND DISPOSITION OF THIS CERTIFICATE,
OR (B) WITH RESPECT TO THE ACQUISITION, HOLDING OR DISPOSITION OF THIS CERTIFICATE BY ANY GOVERNMENTAL PLAN OR OTHER PLAN SUBJECT
TO SIMILAR LAW, SUCH ACQUISITION, HOLDING AND DISPOSITION BY SUCH GOVERNMENTAL PLAN WILL NOT CONSTITUTE OR OTHERWISE RESULT IN
A NON-EXEMPT VIOLATION OF SIMILAR LAW.

 

THIS
CERTIFICATE REPRESENTS AN UNDIVIDED BENEFICIAL INTEREST IN CERTAIN ASSETS OF A GRANTOR TRUST CONSISTING PRIMARILY OF (I) A “REGULAR
INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS
860G(a)(1) AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, AND DISTRIBUTIONS THEREON, AND (II) ANY EXCESS INTEREST
COLLECTED ON THE ARD MORTGAGE LOANS AND AMOUNTS HELD FROM TIME TO TIME IN THE EXCESS INTEREST DISTRIBUTION ACCOUNT.

 

THIS
CERTIFICATE IS INTENDED TO CONSTITUTE PART OF AN “ELIGIBLE VERTICAL INTEREST” (AS DEFINED IN REGULATION RR PROMULGATED
UNDER SECTION 15G OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED), AND AS SUCH IS SUBJECT TO VARIOUS PROHIBITIONS ON HEDGING,
TRANSFER AND FINANCING SET FORTH IN REGULATION RR. THE INITIAL INVESTOR IN THIS CERTIFICATE, AND EACH SUBSEQUENT PURCHASER OF
THIS CERTIFICATE, BY PURCHASING THIS CERTIFICATE OR AN INTEREST HEREIN, IS DEEMED TO HAVE AGREED TO COMPLY WITH CERTAIN TRANSFER
REQUIREMENTS SET FORTH IN THE POOLING AND SERVICING AGREEMENT.

 

    A-26-2

     

    

 

BENCHMARK
2022-B35 MORTGAGE TRUST

COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,

SERIES 2022-B35, CLASS VRR

 

	Pass-Through
    Rate:  N/A. The Class VRR Certificates will not have a Pass-Through Rate, but will entitle Holders to interest on
    any Distribution Date equal to a pro rata share of the VRR Interest Distribution Amount for such Distribution Date (based
    on the Certificate Balance of the Class VRR Certificates and the Uncertificated VRR Interest Balance, respectively).	 
	 	 
	First Distribution
    Date: June 17, 2022	Cut-Off Date:  With
    respect to each Mortgage Loan and Serviced Companion Loan, the Due Date in May 2022 for that Mortgage Loan or Serviced Companion
    Loan, as applicable (or, in the case of any Mortgage Loan or Serviced Companion Loan that has its first Due Date subsequent
    to May 2022, the date that would have been its Due Date in May 2022 under the terms of that Mortgage Loan or Serviced Companion
    Loan, as applicable, if a Monthly Payment were scheduled to be due in that month).
	 	 
	Aggregate Initial
    Certificate Balance of the Class VRR Certificates: $39,025,148	Scheduled Final
    Distribution Date: the Distribution Date in May 2032
	 	 

	CUSIP:  08163R
        BJ43

        U0745R AS64

        08163R BK15

         
	Initial
    Certificate Balance of this Certificate: $[_____]
	ISIN:     US08163RBJ416

    USU0745RAS687

    US08163RBK148	 
	 	 
	No.:  [1]	 

 

This
certifies that [           ] is the registered owner of an interest in
a Trust Fund, including the distributions to be made with respect to the Class VRR Certificates. The Trust Fund, described
more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial and multifamily properties
held in trust by the Trustee and, other than in the case of the Outside Serviced Mortgage Loans, serviced by the Master Servicer
and the Special Servicer. The Trust Fund was created, and the Mortgage Loans (other than the Outside Serviced Mortgage Loans)
are to be serviced, pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this

 

 

 

		3	For
Rule 144A Certificates

 

		4	For
Regulation S Certificates

 

		5	For
IAI Certificates

 

		6	For
Rule 144A Certificates

 

		7	For
Regulation S Certificates

 

		8	For
IAI Certificates

 

    A-26-3

     

    

 

Certificate, by virtue
of the acceptance hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and is bound
thereby. In the event that there is any conflict between any provision of this Certificate and any provision of the Pooling and
Servicing Agreement, such provision of this Certificate shall be superseded to the extent of such inconsistency. Also issued under
the Pooling and Servicing Agreement are the Class A-1, Class A-2, Class A-3-1, Class A-4-1, Class A-5, Class A-SB,
Class X-A, Class A-S, Class B, Class C, Class A-3-2, Class A-4-2, Class X-D, Class X-F, Class X-G, Class
X-H, Class X-J, Class D, Class E, Class F, Class G, Class H, Class J, Class R and Class S Certificates
(together with the Class VRR Certificates, the “Certificates”; the Holders of Certificates are collectively
referred to herein as “Certificateholders”) and the Uncertificated VRR Interest.

 

This
Certificate is issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of May 1, 2022
(the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor,
KeyBank National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor
and Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington
Trust, National Association, as Trustee. To the extent not defined herein, capitalized terms used herein shall have the meanings
assigned thereto in the Pooling and Servicing Agreement.

 

This
Certificate represents an undivided beneficial interest in certain assets of a grantor trust consisting primarily of (i) a “regular
interest” in a “real estate mortgage investment conduit,” as those terms are defined, respectively, in Sections
860G(a)(1) and 860D of the Internal Revenue Code of 1986, as amended, and distributions thereon, and (ii) any Excess Interest
collected on the ARD Mortgage Loans and amounts held from time to time in the Excess Interest Distribution Account.

 

The
Certificate Administrator makes no representation or warranty as to any of the statements contained herein or the validity or
sufficiency of the Certificates or the Mortgage Loans and has executed this Certificate in its limited capacity as Certificate
Administrator under the Pooling and Servicing Agreement.

 

Pursuant
to the terms of the Pooling and Servicing Agreement, the Certificate Administrator will distribute (other than the final distribution
on any Certificate), on the 4th Business Day following the Determination Date in each month, commencing in June 2022 (each such
date, a “Distribution Date”), to the Person in whose name this Certificate is registered as of the related
Record Date, an amount equal to such Person’s pro rata share (based on the Percentage Interest represented by this Certificate)
of that portion of the aggregate amount of principal and interest then distributable, if any, with respect to the Class VRR Certificates
for such Distribution Date, all as more fully described in the Pooling and Servicing Agreement. Holders of this Certificate may
be entitled to a share of Yield Maintenance Charges, as provided in the Pooling and Servicing Agreement.

 

All
distributions (other than the final distribution on any Certificate) will be made by the Certificate Administrator to the persons
in whose names the Certificates are registered at the close of business on each Record Date, which will be the last Business Day
of the month preceding the month in which such Distribution Date occurs. Distributions are required to be made by wire transfer
of immediately available funds to the account of such Certificateholder at a bank or other entity located in the United States
and having appropriate facilities to accept such funds, if such Certificateholder has provided the Certificate Administrator with
written wiring instructions no less than five (5) Business Days prior to the related Record Date (which wiring instructions may
be in the form of a standing order applicable to all subsequent distributions), or otherwise by check mailed to such Certificateholder.
The final distribution on each Certificate shall be made in like manner, but only upon presentation and surrender of such Certificate
at the office of the Certificate Administrator or its agent (which may be the Paying Agent or the Certificate Registrar acting
as such agent) that is specified in a notice to Certificateholders of the pendency of the final distribution.

 

Any
funds not distributed on the Termination Date because of the failure of any Certificateholders to tender their Certificates shall
be set aside and held in trust for the account of the appropriate non-tendering Certificateholders, whereupon the Trust Fund shall
terminate. If any Certificates as to which notice of the Termination Date has been given pursuant to Section 9.01 of the Pooling
and Servicing Agreement shall not have been surrendered for cancellation within six months after the time specified in such notice,
the Certificate Administrator shall mail a second notice to the remaining Certificateholders, at their last addresses shown in
the Certificate Register, to surrender their Certificates for cancellation in order to receive, from such funds held, the

 

    A-26-4

     

    

 

final
distribution with respect thereto. If within one year after the second notice any Certificate shall not have been surrendered
for cancellation, the Certificate Administrator may, directly or through an agent, take appropriate steps to contact the remaining
Certificateholders concerning surrender of their Certificates. The costs and expenses of maintaining such funds and of contacting
Certificateholders shall be paid out of the assets which remain held. Subject to applicable state law with respect to escheatment
of funds, if within two years after the second notice any Certificates shall not have been surrendered for cancellation, the Paying
Agent shall pay to the Class R Certificateholders all amounts distributable to the Holders thereof. No interest shall accrue or
be payable to any Certificateholder on any amount held as a result of such Certificateholder’s failure to surrender its
Certificate(s) for final payment thereof in accordance with Section 9.01 of the Pooling and Servicing Agreement.

 

This
Certificate is limited in right of payment to, among other things, certain collections and recoveries in respect of the Mortgage
Loans, as more specifically set forth herein and in the Pooling and Servicing Agreement.

 

As
provided in the Pooling and Servicing Agreement, the Trust Fund includes: (i) such Mortgage Loans as from time to time are subject
to the Pooling and Servicing Agreement, together with the Mortgage Files relating thereto; (ii) all scheduled or unscheduled payments
on or collections in respect of the Mortgage Loans due after the Cut-Off Date or, with respect to a Qualified Substitute Mortgage
Loan, the Due Date in the month of substitution (exclusive of interest relating to periods prior to, but due after, the Cut-Off
Date); (iii) any REO Property (but, with respect to any REO Property relating to a Loan Combination, only to the extent of the
Trust’s interest in the related Loan Combination); (iv) all revenues received in respect of any REO Property (but, with
respect to any REO Property relating to a Loan Combination, only to the extent of the Trust’s interest in the related Loan
Combination); (v) the Master Servicer’s and the Trustee’s rights under the insurance policies with respect to the
Mortgage Loans required to be maintained pursuant to the Pooling and Servicing Agreement and any proceeds thereof; (vi) the Trustee’s
rights in any Assignments of Leases, Rents and Profits and any security agreements; (vii) the Trustee’s rights under
any indemnities or guaranties given as additional security for any Mortgage Loan; (viii) all of the Trustee’s and the
Certificate Administrator’s rights in the Escrow Accounts and Lock-Box Accounts and all proceeds of the Mortgage Loans deposited
in the Collection Account, the Distribution Account, the Excess Interest Distribution Account, the Interest Reserve Account, the
Excess Liquidation Proceeds Reserve Account and any REO Account, including any reinvestment income thereon; (ix) the Trustee’s
rights in any environmental indemnity agreements relating to the Mortgaged Properties; (x) the Depositor’s rights under
the Mortgage Loan Purchase Agreements to the extent assigned to the Trustee pursuant to Section 2.01 of the Pooling and Servicing
Agreement; (xi) the Lower-Tier Regular Interests; (xii) the Loss of Value Reserve Fund; and (xiii) any Threshold Event Collateral.

 

This
Certificate does not purport to summarize the Pooling and Servicing Agreement, and reference is made to the Pooling and Servicing
Agreement for the interests, rights, benefits, obligations and duties evidenced hereby, and the limitations thereon, and the rights,
duties and immunities of the Certificate Administrator and Trustee.

 

As
provided in the Pooling and Servicing Agreement, subject to certain restrictions on transfer set forth therein, upon surrender
for registration of transfer of any Certificate, the Certificate Administrator shall execute, authenticate and deliver, in the
name of the designated transferee or transferees, one or more new Certificates in authorized denominations, in like aggregate
interest and of the same Class.

 

Prior
to due presentation of this Certificate for registration of transfer, the Master Servicer, the Special Servicer, the Operating
Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, and any agent of any of them, may treat the Person
in whose name any Certificate is registered as the owner of such Certificate for the purpose of receiving distributions as provided
in the Pooling and Servicing Agreement and for all other purposes whatsoever, and neither the Master Servicer, the Special Servicer,
the Operating Advisor, the Trustee, the Certificate Administrator, the Certificate Registrar, nor any agent of any of them shall
be affected by any notice to the contrary.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may be amended from time to time by the Depositor, the Master Servicer,
the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian (if the Certificate Administrator
is then acting as Custodian), the Certificate Administrator and the Trustee, without the consent of any of the Certificateholders,
any of the Uncertificated VRR Interest Owners or, as applicable, any Companion Loan Holder:

 

		(i)	to
                                         cure any ambiguity to the extent that it does not adversely affect any holders of Certificates
                                         or any Uncertificated VRR Interest Owner;

 

    A-26-5

     

    

 

		(ii)	to
                                         correct or supplement any of its provisions which may be inconsistent with any other
                                         provisions of the Pooling and Servicing Agreement or with the description thereof in
                                         the Prospectus or to correct any error;

 

		(iii)	to
                                         change the timing and/or nature of deposits in the Collection Account, the Excess Liquidation
                                         Proceeds Reserve Account, the Excess Interest Distribution Account, the Distribution
                                         Account or any REO Account, provided that (A) the Master Servicer Remittance Date
                                         shall in no event be later than the Business Day prior to the related Distribution Date
                                         and (B) the change would not adversely affect in any material respect the interests
                                         of any Certificateholder or any Uncertificated VRR Interest Owner, as evidenced by an
                                         opinion of counsel (at the expense of the party requesting the amendment);

 

		(iv)	to
                                         modify, eliminate or add to any of its provisions (A) to the extent necessary to maintain
                                         the qualification of any Trust REMIC as a REMIC or the Grantor Trust as a grantor trust
                                         or to avoid or minimize the risk of imposition of any tax on the Trust Fund, provided
                                         that the Trustee and the Certificate Administrator have received an opinion of counsel
                                         (at the expense of the party requesting the amendment) to the effect that (1) the
                                         action is necessary or desirable to maintain such qualification or to avoid or minimize
                                         such risk and (2) the action will not adversely affect in any material respect the interests
                                         of any holder of the Certificates or any Uncertificated VRR Interest Owner, (B) to
                                         restrict (or to remove any existing restrictions with respect to) the transfer of
                                         the Class R Certificates, provided that the Depositor has determined that the amendment
                                         will not give rise to any tax with respect to the transfer of the Class R Certificates
                                         to a non-Permitted Transferee, (C) to the extent necessary to comply with the Investment
                                         Company Act of 1940, as amended, the Exchange Act, Regulation AB, Regulation RR and/or
                                         any related regulatory actions and/or interpretations or (D) in the event that Regulation
                                         RR (or any portion thereof) or any other regulations applicable to the risk retention
                                         requirements for this securitization transaction are amended or repealed, to the extent
                                         required to comply with any such amendment or to modify or eliminate any risk retention
                                         requirements no longer applicable to this securitization transaction in light of such
                                         repeal;

 

		(v)	to
                                         make any other provisions with respect to matters or questions arising under the Pooling
                                         and Servicing Agreement or any other change, provided that the amendment will
                                         not adversely affect in any material respect the interests of any Certificateholder or
                                         any Uncertificated VRR Interest Owner, as evidenced by an opinion of counsel;

 

		(vi)	to
                                         modify the procedures in the Pooling and Servicing Agreement relating to Rule 17g-5;
                                         provided that such modification does not increase the obligations of the Trustee,
                                         the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer,
                                         the Master Servicer or the Special Servicer without such party’s consent (which
                                         consent may not be withheld unless such modification would materially adversely affect
                                         such party or materially increase such party’s obligations under the Pooling and
                                         Servicing Agreement); provided, further that notice of such modification
                                         is provided to all parties to the Pooling and Servicing Agreement; and

 

		(vii)	to
                                         amend or supplement any provision of the Pooling and Servicing Agreement to the extent
                                         necessary to maintain the ratings assigned to each Class of Certificates by any of the
                                         Rating Agencies, provided that the amendment will not adversely affect in any material
                                         respect the interests of any Certificateholder or any Uncertificated VRR Interest Owner;

 

provided,
further that no amendment pursuant to any of clauses (i)-(vii) above may be made that would: (A) reduce the consent or consultation
rights or the right to receive information under the Pooling and Servicing Agreement of the Controlling Class Representative without
the consent of the Controlling Class Representative; (B) reduce the consultation rights or the right to receive information under
the Pooling and Servicing Agreement of the Operating Advisor without the consent of the Operating Advisor; (C) change in any manner
the obligations or rights of any

 

    A-26-6

     

    

 

Mortgage Loan Seller under the Pooling and Servicing Agreement or the applicable Mortgage Loan
Purchase Agreement without the consent of the affected Mortgage Loan Seller; (D) change in any manner the obligations or
rights of any Underwriter or Initial Purchaser, without the consent of the affected Underwriter or Initial Purchaser; or (E) adversely
affect any Serviced Companion Loan Holder in its capacity as such without its consent. Expenses incurred with respect to any amendment
shall be borne by the party requesting such amendment, unless the Master Servicer, the Special Servicer or the Trustee is requesting
an amendment for the benefit of the Certificateholders, then in which case such expense will be borne by the Trust.

 

The
Pooling and Servicing Agreement or any Custodial Agreement may also be amended from time to time by a writing signed by each of
the Depositor, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer, the Custodian
(if the Certificate Administrator is then acting as Custodian), the Certificate Administrator and the Trustee with the consent
of the Holders of Certificates representing not less than 66-2/3% of the Percentage Interests of each Class of Certificates affected
by the amendment for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of
the Pooling and Servicing Agreement or of modifying in any manner the rights of the Certificateholders and the Uncertificated
VRR Interest Owners; provided, however, that no such amendment shall:

 

		(i)	reduce
                                         in any manner the amount of, or delay the timing of, payments received on the Serviced
                                         Loans which are required to be distributed on a Certificate of any Class or the Uncertificated
                                         VRR Interest or to any Serviced Companion Loan Holder, as applicable, without the consent
                                         of the Holder of that Certificate, the Uncertificated VRR Interest Owners or that Serviced
                                         Companion Loan Holder, as applicable,

 

		(ii)	reduce
                                         the aforesaid percentage of Certificates of any Class or of the Uncertificated VRR Interest
                                         the Holders (or, in the case of the Uncertificated VRR Interest, the owners) of which
                                         are required to consent to the amendment without the consent of the Holders of all Certificates
                                         of that Class then outstanding or of the Uncertificated VRR Interest Owners, as applicable,

 

		(iii)	change
                                         in any manner the obligations or rights of any Mortgage Loan Seller under the Pooling
                                         and Servicing Agreement or the related Mortgage Loan Purchase Agreement without the consent
                                         of the affected Mortgage Loan Seller,

 

		(iv)	change
                                         the definition of “Servicing Standard” without either (A) consent of 100%
                                         of the Certificateholders and the Uncertificated VRR Interest Owners or (B) Rating Agency
                                         Confirmation,

 

		(v)	without
                                         the consent of 100% of the Certificateholders of the Class or Classes of Certificates,
                                         or the Uncertificated VRR Interest Owners, that is adversely affected thereby, change
                                         (A) the percentages of Voting Rights of Certificateholders that are required to consent
                                         to any action or inaction under the Pooling and Servicing Agreement, (B) the right of
                                         the Certificateholders to remove the Special Servicer pursuant to the Pooling and Servicing
                                         Agreement or (C) the right of the Certificateholders to terminate the Operating Advisor
                                         pursuant to the Pooling and Servicing Agreement,

 

		(vi)	adversely
                                         affect the Controlling Class Representative without the consent of 100% of the Controlling
                                         Class Certificateholders,

 

		(vii)	adversely
                                         affect a Serviced Companion Loan Holder in its capacity as such without its consent,
                                         or

 

		(viii)	change
                                         in any manner the obligations or rights of any Underwriter or Initial Purchaser without
                                         the consent of the affected Underwriter or Initial Purchaser.

 

The
Holders of the Controlling Class representing greater than 50% of the Certificate Balance of the Controlling Class may (or, if
such Holders do not, the Special Servicer, or if neither such Holders nor the Special Servicer do, the Master Servicer or, if
none of such Holders, the Special Servicer or the Master Servicer does, any Holders of

 

    A-26-7

     

    

 

Class R Certificates representing
greater than a 50% Percentage Interest in such Class, may also) effect an early termination of the Trust Fund, upon not less than
30 days’ prior notice given to the parties (or, if applicable, the other parties) to the Pooling and Servicing Agreement
(whereupon the Master Servicer shall notify the Serviced Companion Loan Holders) any time on or after the Early Termination Notice
Date specifying the Anticipated Termination Date, by purchasing on such date all, but not less than all, of the Mortgage Loans
(and in the case of any Mortgage Loan that is part of a Serviced Loan Combination, subject to certain rights of the related Serviced
Companion Loan Holder(s) provided for in the related Co-Lender Agreement) then included in the Trust Fund, and all property acquired
by or on behalf of the Trust Fund (including the Trust Fund’s interest in any REO Property acquired with respect to any
Outside Serviced Mortgage Loan) in respect of any Mortgage Loan then included in the Trust Fund, at a purchase price, payable
in cash, equal to (i) the sum of (A) the Termination Purchase Amount and (B) the reasonable out-of-pocket expenses
of the Master Servicer (unless the Master Servicer is the purchaser of such Mortgage Loans), the Special Servicer (unless the
Special Servicer is the purchaser of such Mortgage Loans), the Trustee and the Certificate Administrator, as applicable, with
respect to such termination, minus (ii) solely in the case where the Master Servicer or the Special Servicer is effecting
such purchase, the aggregate amount of unreimbursed Advances, if any, made by the Master Servicer or Special Servicer, as applicable,
together with any interest accrued and payable to the Master Servicer or the Special Servicer, as applicable, in respect of such
Advances and any unpaid Servicing Fees or Special Servicing Fees, as applicable, remaining outstanding (which items will be deemed
to have been paid or reimbursed to the Master Servicer or the Special Servicer, as applicable, in connection with such purchase).

 

Any
Person(s) effecting an early termination of the Trust Fund as provided in the prior paragraph shall first notify the Controlling
Class Representative and each Certifying Certificateholder and each Uncertificated VRR Interest Owner, or, in the case of a termination
by the Holder of a Class R Certificate, notify the Certificate Administrator (who shall notify the Controlling Class Representative
and each Certifying Certificateholder and each Uncertificated VRR Interest Owner) of its intention to do so in writing at least
30 days prior to the Anticipated Termination Date. All costs and expenses incurred by any and all parties to the Pooling and Servicing
Agreement or by the Trust Fund in connection with the purchase of the Mortgage Loans and other assets of the Trust Fund pursuant
to Section 9.01(c) of the Pooling and Servicing Agreement shall be borne by the party exercising its purchase rights thereunder.
The Certificate Administrator shall be entitled to rely conclusively on any determination made by an Appraiser pursuant to Section 9.01(c)
of the Pooling and Servicing Agreement.

 

The
respective obligations and responsibilities of the Master Servicer, the Special Servicer, the Depositor, the Operating Advisor,
the Asset Representations Reviewer, the Certificate Administrator and the Trustee created by the Pooling and Servicing Agreement
with respect to the Certificates, the Uncertificated VRR Interest, the Mortgage Loans and the Serviced Companion Loans (other
than the obligation to make certain payments and to send certain notices to Certificateholders and the Uncertificated VRR Interest
Owners as set forth in the Pooling and Servicing Agreement and to make any required remittances to the Serviced Companion Loan
Holders in the month in which the final Distribution Date occurs and certain tax-related obligations) shall terminate immediately
following the earlier to occur of (i) the purchase by Holders of the Controlling Class, the Special Servicer, the Master
Servicer or Holders of the Class R Certificates of all the Mortgage Loans and REO Properties (or interests therein) then
included in the Trust Fund pursuant to Section 9.01(c) of the Pooling and Servicing Agreement, (ii) the exchange by the Remaining
Certificateholder of its Certificates and the Uncertificated VRR Interest for all the Mortgage Loans and REO Properties (or interests
therein) then included in the Trust Fund pursuant to Section 9.01(h) of the Pooling and Servicing Agreement and (iii) the
final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan or REO Property (or interest
therein) contained in the Trust Fund; provided, however, that in no event shall the trust created by the Pooling
and Servicing Agreement continue beyond the expiration of twenty-one years from the death of the last survivor of the descendants
of Joseph P. Kennedy, the late ambassador of the United States to the United Kingdom, living on the date of the Pooling and Servicing
Agreement. All such payments as contemplated by the preceding paragraph shall be deposited into the Collection Account by the
Master Servicer or Special Servicer, as applicable, promptly following receipt thereof.

 

Unless
the Certificate of Authentication on this Certificate has been executed by the Certificate Administrator or on its behalf by the
Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Pooling and Servicing
Agreement or be valid for any purpose.

 

    A-26-8

     

    
 

IN WITNESS WHEREOF,
the Certificate Administrator has caused this Class VRR Certificate to be duly executed.

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely as Certificate Administrator
	 	 	 
	 	By:	 
	 	 	Authorized Signatory

 

Dated:  ____________, 2022

  

CERTIFICATE
OF AUTHENTICATION

 

This is one of the
Class VRR Certificates referred to in the Pooling and Servicing Agreement.

 

Dated:  ____________, 2022

 

	 	COMPUTERSHARE TRUST COMPANY, NATIONAL ASSOCIATION not in its individual capacity but solely
as Authenticating Agent

	 	 	 
	 	By:	 
	 	 	Authorized Signatory

  

    A-26-9

     

    

 

ASSIGNMENT

 

FOR VALUE
RECEIVED, the undersigned (“Assignor(s)”) hereby sell(s), assign(s) and transfer(s) unto ____________________________________
______________________________ (please print or typewrite name(s) and address(es), including postal zip code(s) of
assignee(s)) (“Assignee(s)”) the entire Percentage Interest represented by the within Class VRR Certificate
and hereby authorize(s) the registration of transfer of such interest to Assignee(s) on the Certificate Register of the Trust
Fund.

 

I (we) further direct
the Certificate Registrar to issue a new Class VRR Certificate of the entire Percentage Interest represented by the within Class
VRR Certificates to the above-named Assignee(s) and to deliver such Class VRR Certificate to the following address:

 

Date:
_______________

 

		 	Signature by or on behalf of Assignor(s)
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-26-10

     

    

  

DISTRIBUTION
INSTRUCTIONS

 

The Assignee(s) should
include the following for purposes of distribution:

 

Address of
the Assignee(s) for the purpose of receiving notices and distributions: _______________________________________________________
_____________________________________ Distributions, if being made by wire transfer in immediately available funds to
__________________________ for the account of _________________________________________ account number ____________________________. This
information is provided by ______________________________, the Assignee(s) named above or
____________________________________ as its (their) agent.

	 	 	 
	 	By:	 
	 	 	[Please print or type name(s)]
	 	 	 
	 	 	Title
	 	 	 
	 	 	Taxpayer Identification Number

 

    A-26-11

     

    

 

OHS DRAFT 5/11/2022

 

EXHIBIT
B

MORTGAGE LOAN SCHEDULE

 

    B-1

     

    

 

BMARK
2022-B35 Mortgage Loan Schedule

 

	Loan
    Number	Footnotes	Property
    Name	Address	City	State	Zip
    Code	Cut-Off
    Date Balance ($)	Flood
    Zone	Mortgage
    Rate	Remaining
    Term To Maturity/ARD (Mos.)	Maturity
    Date/ARD	Remaining
    Amortization Term (Mos.)	Master
    Servicing Fee Rate (%)	Primary
    Servicing Fee Rate (%)	Subservicing
    Fee Rate (%)
	1	(1)	One
    Wilshire	624
    South Grand Avenue	Los
    Angeles	California	90017	111,000,000.00	Yes
    - AE	2.77600%	116	1/6/2032	0	0.00125%	0.00000%	NAP
	2	 	The
    Reef	1933
    South Broadway	Los
    Angeles	California	90007	100,000,000.00	No	5.42500%	120	5/6/2032	0	0.00125%	0.00125%	NAP
	3	 	ILPT
    Logistics Portfolio	Various	Various	Various	Various	73,656,387.76	 	3.86466%	118	3/6/2032	0	0.00125%	0.00000%	NAP
	3.01	 	4000
    Principio Parkway	4000
    Principio Parkway East	North
    East	Maryland	21901	 	No	 	 	 	 	 	 	 
	3.02	 	2020
    Joe B. Jackson Parkway	2020
    Joe B. Jackson Parkway	Murfreesboro	Tennessee	37127	 	No	 	 	 	 	 	 	 
	3.03	 	1901
    Meadowville Technology Parkway	1901
    Meadowville Technology Parkway	Chester	Virginia	23836	 	No	 	 	 	 	 	 	 
	3.04	 	52
    Pettengill Road	52
    Pettengill Road	Londonderry	New
    Hampshire	03053	 	No	 	 	 	 	 	 	 
	3.05	 	510
    John Dodd Road	510
    John Dodd Road	Spartanburg	South
    Carolina	29303	 	No	 	 	 	 	 	 	 
	3.06	 	309
    Dulty’s Lane	309
    Dulty’s Lane	Burlington	New
    Jersey	08016	 	No	 	 	 	 	 	 	 
	3.07	 	5300
    Centerpoint Parkway	5300
    Centerpoint Parkway	Groveport	Ohio	43125	 	No	 	 	 	 	 	 	 
	3.08	 	17001
    West Mercury Street	17001
    Mercury Street	Gardner	Kansas	66030	 	No	 	 	 	 	 	 	 
	3.09	 	725
    Darlington Avenue	725
    Darlington Avenue	Mahwah	New
    Jersey	07430	 	No	 	 	 	 	 	 	 
	3.1	 	10100
    89th Avenue N	10100
    89th Avenue North	Maple
    Grove	Minnesota	55369	 	No	 	 	 	 	 	 	 
	3.11	 	7303
    Rickenbacker Parkway West	7303
    Rickenbacker Parkway West	Columbus	Ohio	43217	 	No	 	 	 	 	 	 	 
	3.12	 	4836
    Hickory Hill Road	4836
    Hickory Hill Road	Memphis	Tennessee	38141	 	Yes
    - AE	 	 	 	 	 	 	 
	3.13	 	7000
    West Post Road	7000
    West Post Road	Las
    Vegas	Nevada	89113	 	No	 	 	 	 	 	 	 
	3.14	 	3201
    Bearing Drive	3201
    Bearing Drive	Franklin	Indiana	46131	 	No	 	 	 	 	 	 	 
	3.15	 	900
    Commerce Parkway West Drive	900
    Commerce Parkway West Drive	Greenwood	Indiana	46143	 	No	 	 	 	 	 	 	 
	3.16	 	6825
    West County Road 400 North	6825
    West County Road 400 North	Greenfield	Indiana	46140	 	No	 	 	 	 	 	 	 
	3.17	 	951
    Trails Road	951
    Trails Road	Eldridge	Iowa	52748	 	Yes
    - A	 	 	 	 	 	 	 
	4	 	Bruckner
    Building	2417
    Third Avenue	Bronx	New
    York	10451	71,000,000.00	Yes
    - AE	4.66000%	119	4/6/2032	0	0.00125%	0.00125%	NAP
	5	 	Shearer’s
    Industrial Portfolio	Various	Various	Various	Various	66,318,600.00	 	3.90000%	118	3/6/2032	0	0.00125%	0.00125%	NAP
	5.01	 	800
    Northwest 4th Street	800
    Northwest 4th Street	Perham	Minnesota	56573	 	No	 	 	 	 	 	 	 
	5.02	 	4100
    Millennium Boulevard Southeast	4100
    Millennium Boulevard Southeast	Massillon	Ohio	44646	 	No	 	 	 	 	 	 	 
	5.03	 	3000
    East Mount Pleasant Street	3000
    East Mount Pleasant Street	Burlington	Iowa	52601	 	No	 	 	 	 	 	 	 
	5.04	 	7330
    West Sherman Street	7330
    West Sherman Street	Phoenix	Arizona	85043	 	No	 	 	 	 	 	 	 
	5.05	 	821
    Route 97	821
    Route 97	Waterford	Pennsylvania	16441	 	No	 	 	 	 	 	 	 
	5.06	 	3200
    Northern Cross Boulevard	3200
    Northern Cross Boulevard	Fort
    Worth	Texas	76137	 	No	 	 	 	 	 	 	 
	5.07	 	3636
    Medallion Avenue	3636
    Medallion Avenue	Newport	Arkansas	72112	 	No	 	 	 	 	 	 	 
	5.08	 	692
    Wabash Avenue North	692
    Wabash Avenue North	Brewster	Ohio	44613	 	No	 	 	 	 	 	 	 
	5.09	 	225
    Commonwealth Avenue Extension	225
    Commonwealth Avenue Extension	Bristol	Virginia	24201	 	Yes
    - AE	 	 	 	 	 	 	 
	6	 	115
    Tabor Road	115
    Tabor Road	Morris
    Plains	New
    Jersey	07950	65,000,000.00	No	5.24000%	120	5/6/2032	0	0.00125%	0.00125%	NAP
	7	 	Industry
    RiNo Station	3858
    Walnut Street and 3827 North Lafayette Street	Denver	Colorado	80205	60,000,000.00	No	5.20500%	119	4/1/2032	0	0.00125%	0.00125%	NAP
	8	 	Bedrock
    Portfolio	Various	Detroit	Michigan	48226	54,000,000.00	 	3.77800%	80	1/1/2029	0	0.00125%	0.00000%	NAP
	8.01	 	First
    National Building	660
    Woodward Avenue	Detroit	Michigan	48226	 	No	 	 	 	 	 	 	 
	8.02	 	The
    Qube	611
    Woodward Avenue	Detroit	Michigan	48226	 	No	 	 	 	 	 	 	 
	8.03	 	Chrysler
    House	719
    Griswold Street and 730 Shelby Street	Detroit	Michigan	48226	 	No	 	 	 	 	 	 	 
	8.04	 	1001
    Woodward	1001-1075
    Woodward Avenue	Detroit	Michigan	48226	 	No	 	 	 	 	 	 	 
	8.05	 	One
    Woodward	1
    Woodward Avenue	Detroit	Michigan	48226	 	No	 	 	 	 	 	 	 
	8.06	 	The
    Z Garage	1234-1246
    Library Street and 1327 Broadway Avenue	Detroit	Michigan	48226	 	No	 	 	 	 	 	 	 
	8.07	 	Two
    Detroit Garage	160
    East Congress Street	Detroit	Michigan	48226	 	No	 	 	 	 	 	 	 
	8.08	 	1505
    & 1515 Woodward	1505
    and 1515-1529 Woodward Avenue	Detroit	Michigan	48226	 	No	 	 	 	 	 	 	 
	8.09	 	1001
    Brush Street	1001
    Brush Street	Detroit	Michigan	48226	 	No	 	 	 	 	 	 	 
	8.1	 	The
    Assembly	1700
    West Fort Street	Detroit	Michigan	48216	 	No	 	 	 	 	 	 	 
	8.11	 	419
    Fort Street Garage	419
    East Fort Street	Detroit	Michigan	48226	 	No	 	 	 	 	 	 	 
	8.12	 	Vinton	600
    Woodward Avenue	Detroit	Michigan	48226	 	No	 	 	 	 	 	 	 
	8.13	 	1401
    First Street	1401
    First Street	Detroit	Michigan	48226	 	No	 	 	 	 	 	 	 
	8.14	 	Lane
    Bryant Building	1520
    Woodward Avenue	Detroit	Michigan	48226	 	No	 	 	 	 	 	 	 
	9	 	Bell
    Works	101
    Crawfords Corner Road	Holmdel	New
    Jersey	07733	50,000,000.00	No	5.11000%	120	5/6/2032	0	0.00125%	0.00125%	NAP
	10	 	2550
    M Street	2550
    M Street Northwest	Washington	District
    of Columbia	20037	46,800,000.00	No	4.60000%	119	4/6/2032	0	0.00125%	0.00125%	NAP
	11	 	Nut
    Tree Plaza	1621-1679
    East Monte Vista Avenue	Vacaville	California	95688	46,200,000.00	No	4.74000%	120	5/6/2032	0	0.00125%	0.00125%	NAP
	12	 	ExchangeRight
    Net Leased Portfolio #55	Various	Various	Various	Various	40,000,000.00	 	4.58000%	120	5/1/2032	0	0.00125%	0.00125%	NAP
	12.01	 	Walmart
    Neighborhood Market - Prairieville (Airline), LA	15047
    Airline Highway	Prairieville	Louisiana	70769	 	Yes
    - A	 	 	 	 	 	 	 
	12.02	 	Pick
    N Save - Sun Prairie (Main), WI	640
    East Main Street	Sun
    Prairie	Wisconsin	53590	 	No	 	 	 	 	 	 	 
	12.03	 	Schnucks
    - Love’s Park (Harlem), IL	1810
    Harlem Road	Loves
    Park	Illinois	61111	 	No	 	 	 	 	 	 	 
	12.04	 	Walmart
    Neighborhood Market - Thibodaux (Main), LA	224
    West Main Street	Thibodaux	Louisiana	70301	 	No	 	 	 	 	 	 	 
	12.05	 	Walmart
    Neighborhood Market - Houma (Park), LA	6411
    West Park Avenue	Houma	Louisiana	70364	 	No	 	 	 	 	 	 	 
	12.06	 	Publix
    - Decatur (Point), AL	2934
    Point Mallard Parkway Southeast	Decatur	Alabama	35603	 	Yes
    - A	 	 	 	 	 	 	 
	12.07	 	PNC
    Bank - Clarendon Hills (Holmes), IL	300
    Holmes Avenue	Clarendon
    Hills	Illinois	60514	 	No	 	 	 	 	 	 	 
	12.08	 	Walmart
    Neighborhood Market - New Iberia (Parkview), LA	1201
    Parkview Drive	New
    Iberia	Louisiana	70563	 	No	 	 	 	 	 	 	 
	12.09	 	Walmart
    Neighborhood Market - Opelousas (Union), LA	2310
    South Union Street	Opelousas	Louisiana	70570	 	No	 	 	 	 	 	 	 
	12.1	 	Walmart
    Neighborhood Market - Meraux (Archbishop), LA	2500
    Archbishop Philip M. Hannan Boulevard	Meraux	Louisiana	70075	 	Yes
    - AE	 	 	 	 	 	 	 
	12.11	 	CVS
    Pharmacy - Auburn (Opelika), AL	1498
    Opelika Road	Auburn	Alabama	36830	 	No	 	 	 	 	 	 	 
	12.12	 	Huntington
    Bank- Clarksburg (Pike), WV	230
    West Pike Street	Clarksburg	West
    Virginia	26301	 	No	 	 	 	 	 	 	 
	12.13	 	CVS
    Pharmacy - Grand Rapids (Fuller), MI	1155
    Fuller Avenue Northeast	Grand
    Rapids	Michigan	49503	 	No	 	 	 	 	 	 	 
	12.14	 	O’Reilly
    Auto Parts - Madison (Commerce), WI	416
    Commerce Drive	Madison	Wisconsin	53719	 	No	 	 	 	 	 	 	 
	12.15	 	U.S.
    Bank - Northlake (North), IL	26
    North Avenue	Northlake	Illinois	60164	 	No	 	 	 	 	 	 	 
	12.16	 	CVS
    - Tullahoma (Jackson), TN	1351
    North Jackson Street	Tullahoma	Tennessee	37388	 	No	 	 	 	 	 	 	 
	12.17	 	7-Eleven-
    La Grange (Ogden), IL	9600
    East Ogden Avenue	La
    Grange	Illinois	60525	 	No	 	 	 	 	 	 	 
	12.18	 	U.S.
    Bank - Elk Grove Village (Devon), IL	1100
    West Devon Avenue	Elk
    Grove Village	Illinois	60007	 	No	 	 	 	 	 	 	 
	12.19	 	Sherwin
    Williams - Marysville (Fifth), OH	702
    East 5th Street	Marysville	Ohio	43040	 	No	 	 	 	 	 	 	 
	12.2	 	O’Reilly
    - Owensboro (Bold Forbes), KY	3200
    Bold Forbes Way	Owensboro	Kentucky	42303	 	No	 	 	 	 	 	 	 
	12.21	 	PNC
    Bank - Aurora (Galena), IL	1977
    West Galena Boulevard	Aurora	Illinois	60506	 	No	 	 	 	 	 	 	 
	12.22	 	NAPA
    Auto Parts - Downers Grove (Ogden), IL	901
    Ogden Avenue	Downers
    Grove	Illinois	60515	 	No	 	 	 	 	 	 	 
	12.23	 	Family
    Dollar - Cuyahoga Falls (Bailey), OH	1841
    Bailey Road	Cuyahoga
    Falls	Ohio	44221	 	No	 	 	 	 	 	 	 
	12.24	 	Dollar
    General - Lewiston (Sabattus), ME	1079
    Sabattus Street	Lewiston	Maine	04240	 	No	 	 	 	 	 	 	 
	12.25	 	U.S.
    Bank - Niles (Dempster), IL	8500
    West Dempster Street	Niles	Illinois	60714	 	No	 	 	 	 	 	 	 
	12.26	 	Dollar
    Tree - Des Plaines (Rand), IL	1507
    Rand Road	Des
    Plaines	Illinois	60016	 	Yes
    - AE	 	 	 	 	 	 	 
	12.27	 	Dollar
    General - Odessa (University), TX	10521
    West University Boulevard	Odessa	Texas	79764	 	No	 	 	 	 	 	 	 
	12.28	 	Dollar
    General - Weber City, (Hwy 23), VA	2000
    Main Street 	Weber
    City	Virginia	24290	 	No	 	 	 	 	 	 	 
	12.29	 	Dollar
    General- Springtown (Highway), TX	4405
    East Highway 199	Springtown	Texas	76082	 	No	 	 	 	 	 	 	 
	12.3	 	Sherwin
    Williams - Champaign (Marketview), IL	702
    West Marketview Drive	Champaign	Illinois	61822	 	No	 	 	 	 	 	 	 
	12.31	 	Dollar
    General - Holly (Saginaw), MI	514
    North Saginaw Street	Holly	Michigan	48442	 	No	 	 	 	 	 	 	 
	12.32	 	Dollar
    General - Dyer (Sheffield), IN	1620
    Sheffield Avenue	Dyer	Indiana	46311	 	No	 	 	 	 	 	 	 
	12.33	 	Dollar
    General - Lubbock (University), TX	9604
    University Avenue	Lubbock	Texas	79423	 	No	 	 	 	 	 	 	 
	12.34	 	Citizens
    Bank - Wilmington (Marsh), DE	1620
    Marsh Road	Wilmington	Delaware	19803	 	No	 	 	 	 	 	 	 
	13	 	200
    West Jackson	200
    West Jackson Boulevard	Chicago	Illinois	60606	40,000,000.00	No	3.72000%	117	2/6/2032	0	0.00125%	0.00000%	NAP
	14	 	Residence
    Inn Seattle	4501
    12th Avenue Northeast	Seattle	Washington	98105	29,963,349.59	No	4.91000%	119	4/6/2032	359	0.00125%	0.00000%	0.02000%
	15	 	GHC
    Hotel Portfolio	Various	Various	Indiana	Various	22,650,000.00	 	4.02000%	120	5/6/2032	360	0.00125%	0.00125%	NAP
	15.01	 	Holiday
    Inn Terre Haute	3300
    South US Highway 41	Terre
    Haute	Indiana	47802	 	No	 	 	 	 	 	 	 
	15.02	 	Springhill
    Suites by Marriott Terre Haute	3304
    US Highway 41 South	Terre
    Haute	Indiana	47802	 	No	 	 	 	 	 	 	 
	15.03	 	Homewood
    Suites by Hilton Lafayette	3939
    South Street	Lafayette	Indiana	47905	 	No	 	 	 	 	 	 	 
	16	 	Grede
    Casting Industrial Portfolio	Various	Various	Various	Various	18,225,000.00	 	3.73300%	79	12/6/2028	0	0.00125%	0.00000%	NAP
	16.01	 	700
    Ash Street	700
    Ash Street	Reedsburg	Wisconsin	53959	 	No	 	 	 	 	 	 	 
	16.02	 	5200
    Foundry Circle	5200
    Foundry Circle	Saint
    Cloud	Minnesota	56303	 	No	 	 	 	 	 	 	 
	16.03	 	2700
    Plum Street	2700
    Plum Street	New
    Castle	Indiana	47362	 	No	 	 	 	 	 	 	 
	16.04	 	801
    & 617 South Carpenter Avenue	801
    & 617 South Carpenter Avenue	Kingsford	Michigan	49802	 	No	 	 	 	 	 	 	 
	16.05	 	N2480
    County Road M	N2480
    County Road M	Browntown	Wisconsin	53522	 	No	 	 	 	 	 	 	 
	16.06	 	W140
    N5540 Lilly Road	W140
    N5540 Lilly Road	Menomonee
    Falls	Wisconsin	53051	 	No	 	 	 	 	 	 	 
	16.07	 	530
    East Main Street	530
    East Main Street	Biscoe	North
    Carolina	27209	 	No	 	 	 	 	 	 	 
	16.08	 	210
    Ann Avenue	210
    Ann Avenue	Brewton	Alabama	36426	 	Yes
    - AE	 	 	 	 	 	 	 
	17	 	LaForce
    Industrial Portfolio	Various	Various	Various	Various	17,594,000.00	 	4.96400%	119	4/6/2032	0	0.00125%	0.00125%	NAP
	17.01	 	1060
    West Mason Street	1060
    West Mason Street	Green
    Bay	Wisconsin	54303	 	No	 	 	 	 	 	 	 
	17.02	 	289
    Robbins Drive	289
    Robbins Drive	Troy	Michigan	48083	 	No	 	 	 	 	 	 	 
	17.03	 	N58W16780
    Ridgewood Drive	N58W16780
    Ridgewood Drive	Menomonee
    Falls	Wisconsin	53051	 	No	 	 	 	 	 	 	 
	17.04	 	280
    Corporate Woods Parkway	280
    Corporate Woods Parkway	Vernon
    Hills	Illinois	60061	 	No	 	 	 	 	 	 	 
	17.05	 	2602
    Agriculture Drive	2602
    Agriculture Drive	Madison	Wisconsin	53718	 	No	 	 	 	 	 	 	 
	18	 	Upper
    West Side and Brooklyn Heights Portfolio 2	Various	Various	New
    York	Various	17,500,000.00	 	5.45000%	120	5/6/2032	0	0.00125%	0.00125%	NAP
	18.01	 	110
    West 69th Street	110
    West 69th Street	New
    York	New
    York	10023	 	No	 	 	 	 	 	 	 
	18.02	 	141
    Columbia Heights	141
    Columbia Heights	Brooklyn	New
    York	11201	 	No	 	 	 	 	 	 	 
	18.03	 	15A
    West 73rd Street	15A
    West 73rd Street	New
    York	New
    York	10023	 	No	 	 	 	 	 	 	 
	18.04	 	23
    West 70th Street	23
    West 70th Street	New
    York	New
    York	10023	 	No	 	 	 	 	 	 	 
	19	 	601
    Lexington Avenue	601
    Lexington Avenue	New
    York	New
    York	10022	16,519,000.00	No	2.79196%	116	1/9/2032	0	0.00125%	0.00000%	NAP
	20	 	Crossroads
    Hotel Portfolio	793
    & 795 West Bel Air Avenue	Aberdeen	Maryland	21001	15,984,317.11	No	6.08100%	119	4/1/2032	359	0.00125%	0.00125%	NAP
	21	 	One
    Jackson Place	188
    East Capitol Street	Jackson	Mississippi	39201	14,160,000.00	Yes
    - A	5.40000%	59	4/6/2027	0	0.00125%	0.00125%	NAP
	22	 	Eagle
    Station	3701
    South Carson Street	Carson
    City	Nevada	89701	13,675,000.00	No	4.54300%	119	4/6/2032	0	0.00125%	0.00125%	NAP
	23	 	Shoppes
    at Foxmoor	1095
    Washington Boulevard	Robbinsville	New
    Jersey	08691	13,300,000.00	No	5.25600%	120	5/1/2032	360	0.00125%	0.00125%	NAP
	24	 	Safeway
    at Vistancia Marketplace	28455
    North Vistancia Boulevard	Peoria	Arizona	85383	12,500,000.00	No	5.53000%	120	5/6/2032	0	0.00125%	0.00125%	NAP
	25	(2)	Novo
    Nordisk HQ	800
    Scudders Mill Road	Plainsboro	New
    Jersey	08536	12,500,000.00	No	2.83800%	54	11/6/2026	0	0.00125%	0.00000%	NAP
	26	 	Gem
    Tower	44
    West 47th Street	New
    York	New
    York	10036	12,000,000.00	No	3.38800%	115	12/6/2031	0	0.00125%	0.00000%	NAP
	27	 	Belair
    & Goshen – Food Lion	Various	Augusta	Georgia	Various	10,500,000.00	 	5.18000%	120	5/6/2032	360	0.00125%	0.00125%	NAP
	27.01	 	Belair
    Plaza	365
    South Belair Road	Augusta	Georgia	30907	 	No	 	 	 	 	 	 	 
	27.02	 	Goshen
    Village	3722
    Mike Padgett Highway	Augusta	Georgia	30906	 	No	 	 	 	 	 	 	 
	28	 	University
    Square	501
    East Albertoni Street	Carson	California	90746	9,990,000.00	No	4.44000%	119	4/6/2032	0	0.00125%	0.00125%	NAP
	29	 	1600
    Brittmoore	1600
    Brittmoore Road	Houston	Texas	77043	9,500,000.00	No	5.60700%	120	5/1/2032	360	0.00125%	0.00125%	NAP
	30	 	Legacy
    Village	9
    Du Rhu Drive	Mobile	Alabama	36608	9,200,000.00	No	5.07000%	120	5/6/2032	360	0.00125%	0.00000%	0.05000%
	31	 	Southern
    Star Storage Portfolio	Various	Various	Various	Various	8,650,000.00	 	4.99000%	119	4/6/2032	0	0.00125%	0.00125%	NAP
	31.01	 	Addison
    Airport Self Storage	4485
    Glenn Curtiss Drive	Addison	Texas	75001	 	No	 	 	 	 	 	 	 
	31.02	 	Jensen
    Beach Self Storage	3250
    Northeast Candice Avenue	Jensen
    Beach	Florida	34957	 	No	 	 	 	 	 	 	 
	31.03	 	Montrose
    Airport Self Storage	63224
    La Salle Road	Montrose	Colorado	81401	 	No	 	 	 	 	 	 	 
	31.04	 	281
    Mini Storage	3608
    US Highway 281	George
    West	Texas	78022	 	No	 	 	 	 	 	 	 
	32	 	Best
    Western North Phoenix	9455
    North Black Canyon Highway	Phoenix	Arizona	85021	6,500,000.00	No	5.03000%	120	5/6/2032	360	0.00125%	0.00125%	NAP
	33	 	Fairfield
    Inn & Suites Gainesville 	1300
    North Interstate 35	Gainesville	Texas	76240	6,493,239.31	No	5.77000%	59	4/6/2027	359	0.00125%	0.00125%	NAP
	34	 	Holiday
    Inn Express and Suites Uniontown	305
    Mary Higginson Lane	Uniontown	Pennsylvania	15401	5,755,000.00	No	5.67000%	120	5/6/2032	360	0.00125%	0.00125%	NAP
	35	 	Redwood
    Simpsonville II	113
    Karland Drive	Simpsonville	South
    Carolina	29680	5,749,935.00	No	4.89000%	119	4/6/2032	0	0.00125%	0.00125%	NAP
	36	 	Johns
    Hopkins MOB	2213
    McElderry Street	Baltimore	Maryland	21205	5,670,000.00	No	4.66500%	119	4/6/2032	0	0.00125%	0.00000%	0.07000%
	37	 	900
    East Grand Avenue	900
    East Grand Avenue	Carbondale	Illinois	62901	3,000,000.00	No	5.52000%	120	5/6/2032	360	0.00125%	0.00125%	NAP

 

     

     

    

 

BMARK
2022-B35 Mortgage Loan Schedule

 

	Loan
    Number	Footnotes	Property
    Name	Outside
    Servicing Fee Rate (%)	Mortgage
    Loan Seller	Crossed
    With Other Loans	ARD
    (Yes/No)	ARD
    Mortgage Loan Final Maturity Date	ARD
    Revised Rate	Serviced
    Companion Loan Flag	Serviced
    Companion Loan Cut-off Date Balance	Serviced
    Companion Loan Interest Rate	Serviced
    Companion Loan Remaining Term to Maturity/ARD (Mos.)	Serviced
    Companion Loan Maturity Date/ARD	Serviced
    Companion Loan Remaining Amortization Term (Mos.)	Serviced
    Companion Loan Servicing Fee (%)
	1	(1)	One
    Wilshire	0.01125%	GSMC	NAP	Yes	1/6/2035	See
    footnote (1)	 	 	 	 	 	 	 
	2	 	The
    Reef	0.00000%	GACC	NAP	No	 	 	Yes	50,000,000	5.42500%	120	5/6/2032	0	0.00125%
	3	 	ILPT
    Logistics Portfolio	0.01375%	CREFI	NAP	No	 	 	 	 	 	 	 	 	 
	3.01	 	4000
    Principio Parkway	 	 	 	 	 	 	 	 	 	 	 	 	 
	3.02	 	2020
    Joe B. Jackson Parkway	 	 	 	 	 	 	 	 	 	 	 	 	 
	3.03	 	1901
    Meadowville Technology Parkway	 	 	 	 	 	 	 	 	 	 	 	 	 
	3.04	 	52
    Pettengill Road	 	 	 	 	 	 	 	 	 	 	 	 	 
	3.05	 	510
    John Dodd Road	 	 	 	 	 	 	 	 	 	 	 	 	 
	3.06	 	309
    Dulty’s Lane	 	 	 	 	 	 	 	 	 	 	 	 	 
	3.07	 	5300
    Centerpoint Parkway	 	 	 	 	 	 	 	 	 	 	 	 	 
	3.08	 	17001
    West Mercury Street	 	 	 	 	 	 	 	 	 	 	 	 	 
	3.09	 	725
    Darlington Avenue	 	 	 	 	 	 	 	 	 	 	 	 	 
	3.1	 	10100
    89th Avenue N	 	 	 	 	 	 	 	 	 	 	 	 	 
	3.11	 	7303
    Rickenbacker Parkway West	 	 	 	 	 	 	 	 	 	 	 	 	 
	3.12	 	4836
    Hickory Hill Road	 	 	 	 	 	 	 	 	 	 	 	 	 
	3.13	 	7000
    West Post Road	 	 	 	 	 	 	 	 	 	 	 	 	 
	3.14	 	3201
    Bearing Drive	 	 	 	 	 	 	 	 	 	 	 	 	 
	3.15	 	900
    Commerce Parkway West Drive	 	 	 	 	 	 	 	 	 	 	 	 	 
	3.16	 	6825
    West County Road 400 North	 	 	 	 	 	 	 	 	 	 	 	 	 
	3.17	 	951
    Trails Road	 	 	 	 	 	 	 	 	 	 	 	 	 
	4	 	Bruckner
    Building	0.00000%	GSMC	NAP	No	 	 	 	 	 	 	 	 	 
	5	 	Shearer’s
    Industrial Portfolio	0.00000%	GSMC	NAP	No	 	 	Yes	71,279,400	3.90000%	118	3/6/2032	0	0.00125%
	5.01	 	800
    Northwest 4th Street	 	 	 	 	 	 	 	 	 	 	 	 	 
	5.02	 	4100
    Millennium Boulevard Southeast	 	 	 	 	 	 	 	 	 	 	 	 	 
	5.03	 	3000
    East Mount Pleasant Street	 	 	 	 	 	 	 	 	 	 	 	 	 
	5.04	 	7330
    West Sherman Street	 	 	 	 	 	 	 	 	 	 	 	 	 
	5.05	 	821
    Route 97	 	 	 	 	 	 	 	 	 	 	 	 	 
	5.06	 	3200
    Northern Cross Boulevard	 	 	 	 	 	 	 	 	 	 	 	 	 
	5.07	 	3636
    Medallion Avenue	 	 	 	 	 	 	 	 	 	 	 	 	 
	5.08	 	692
    Wabash Avenue North	 	 	 	 	 	 	 	 	 	 	 	 	 
	5.09	 	225
    Commonwealth Avenue Extension	 	 	 	 	 	 	 	 	 	 	 	 	 
	6	 	115
    Tabor Road	0.00000%	CREFI	NAP	No	 	 	 	 	 	 	 	 	 
	7	 	Industry
    RiNo Station	0.00000%	JPMCB	NAP	No	 	 	 	 	 	 	 	 	 
	8	 	Bedrock
    Portfolio	0.05000%	JPMCB	NAP	No	 	 	 	 	 	 	 	 	 
	8.01	 	First
    National Building	 	 	 	 	 	 	 	 	 	 	 	 	 
	8.02	 	The
    Qube	 	 	 	 	 	 	 	 	 	 	 	 	 
	8.03	 	Chrysler
    House	 	 	 	 	 	 	 	 	 	 	 	 	 
	8.04	 	1001
    Woodward	 	 	 	 	 	 	 	 	 	 	 	 	 
	8.05	 	One
    Woodward	 	 	 	 	 	 	 	 	 	 	 	 	 
	8.06	 	The
    Z Garage	 	 	 	 	 	 	 	 	 	 	 	 	 
	8.07	 	Two
    Detroit Garage	 	 	 	 	 	 	 	 	 	 	 	 	 
	8.08	 	1505
    & 1515 Woodward	 	 	 	 	 	 	 	 	 	 	 	 	 
	8.09	 	1001
    Brush Street	 	 	 	 	 	 	 	 	 	 	 	 	 
	8.1	 	The
    Assembly	 	 	 	 	 	 	 	 	 	 	 	 	 
	8.11	 	419
    Fort Street Garage	 	 	 	 	 	 	 	 	 	 	 	 	 
	8.12	 	Vinton	 	 	 	 	 	 	 	 	 	 	 	 	 
	8.13	 	1401
    First Street	 	 	 	 	 	 	 	 	 	 	 	 	 
	8.14	 	Lane
    Bryant Building	 	 	 	 	 	 	 	 	 	 	 	 	 
	9	 	Bell
    Works	0.00000%	CREFI	NAP	No	 	 	Yes	160,000,000	5.11000%	120	5/6/2032	0	0.00125%
	10	 	2550
    M Street	0.00000%	CREFI	NAP	No	 	 	Yes	40,000,000	4.60000%	119	4/6/2032	0	0.00125%
	11	 	Nut
    Tree Plaza	0.00000%	CREFI	NAP	No	 	 	Yes	37,800,000	4.74000%	120	5/6/2032	0	0.00125%
	12	 	ExchangeRight
    Net Leased Portfolio #55	0.00000%	CREFI	NAP	No	 	 	Yes	63,900,000	4.58000%	120	5/1/2032	0	0.00125%
	12.01	 	Walmart
    Neighborhood Market - Prairieville (Airline), LA	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.02	 	Pick
    N Save - Sun Prairie (Main), WI	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.03	 	Schnucks
    - Love’s Park (Harlem), IL	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.04	 	Walmart
    Neighborhood Market - Thibodaux (Main), LA	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.05	 	Walmart
    Neighborhood Market - Houma (Park), LA	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.06	 	Publix
    - Decatur (Point), AL	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.07	 	PNC
    Bank - Clarendon Hills (Holmes), IL	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.08	 	Walmart
    Neighborhood Market - New Iberia (Parkview), LA	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.09	 	Walmart
    Neighborhood Market - Opelousas (Union), LA	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.1	 	Walmart
    Neighborhood Market - Meraux (Archbishop), LA	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.11	 	CVS
    Pharmacy - Auburn (Opelika), AL	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.12	 	Huntington
    Bank- Clarksburg (Pike), WV	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.13	 	CVS
    Pharmacy - Grand Rapids (Fuller), MI	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.14	 	O’Reilly
    Auto Parts - Madison (Commerce), WI	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.15	 	U.S.
    Bank - Northlake (North), IL	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.16	 	CVS
    - Tullahoma (Jackson), TN	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.17	 	7-Eleven-
    La Grange (Ogden), IL	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.18	 	U.S.
    Bank - Elk Grove Village (Devon), IL	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.19	 	Sherwin
    Williams - Marysville (Fifth), OH	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.2	 	O’Reilly
    - Owensboro (Bold Forbes), KY	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.21	 	PNC
    Bank - Aurora (Galena), IL	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.22	 	NAPA
    Auto Parts - Downers Grove (Ogden), IL	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.23	 	Family
    Dollar - Cuyahoga Falls (Bailey), OH	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.24	 	Dollar
    General - Lewiston (Sabattus), ME	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.25	 	U.S.
    Bank - Niles (Dempster), IL	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.26	 	Dollar
    Tree - Des Plaines (Rand), IL	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.27	 	Dollar
    General - Odessa (University), TX	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.28	 	Dollar
    General - Weber City, (Hwy 23), VA	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.29	 	Dollar
    General- Springtown (Highway), TX	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.3	 	Sherwin
    Williams - Champaign (Marketview), IL	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.31	 	Dollar
    General - Holly (Saginaw), MI	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.32	 	Dollar
    General - Dyer (Sheffield), IN	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.33	 	Dollar
    General - Lubbock (University), TX	 	 	 	 	 	 	 	 	 	 	 	 	 
	12.34	 	Citizens
    Bank - Wilmington (Marsh), DE	 	 	 	 	 	 	 	 	 	 	 	 	 
	13	 	200
    West Jackson	0.00125%	CREFI	NAP	No	 	 	 	 	 	 	 	 	 
	14	 	Residence
    Inn Seattle	0.00000%	GSMC	NAP	No	 	 	 	 	 	 	 	 	 
	15	 	GHC
    Hotel Portfolio	0.00000%	GACC	NAP	No	 	 	 	 	 	 	 	 	 
	15.01	 	Holiday
    Inn Terre Haute	 	 	 	 	 	 	 	 	 	 	 	 	 
	15.02	 	Springhill
    Suites by Marriott Terre Haute	 	 	 	 	 	 	 	 	 	 	 	 	 
	15.03	 	Homewood
    Suites by Hilton Lafayette	 	 	 	 	 	 	 	 	 	 	 	 	 
	16	 	Grede
    Casting Industrial Portfolio	0.00125%	GSMC	NAP	No	 	 	 	 	 	 	 	 	 
	16.01	 	700
    Ash Street	 	 	 	 	 	 	 	 	 	 	 	 	 
	16.02	 	5200
    Foundry Circle	 	 	 	 	 	 	 	 	 	 	 	 	 
	16.03	 	2700
    Plum Street	 	 	 	 	 	 	 	 	 	 	 	 	 
	16.04	 	801
    & 617 South Carpenter Avenue	 	 	 	 	 	 	 	 	 	 	 	 	 
	16.05	 	N2480
    County Road M	 	 	 	 	 	 	 	 	 	 	 	 	 
	16.06	 	W140
    N5540 Lilly Road	 	 	 	 	 	 	 	 	 	 	 	 	 
	16.07	 	530
    East Main Street	 	 	 	 	 	 	 	 	 	 	 	 	 
	16.08	 	210
    Ann Avenue	 	 	 	 	 	 	 	 	 	 	 	 	 
	17	 	LaForce
    Industrial Portfolio	0.00000%	GSMC	NAP	No	 	 	 	 	 	 	 	 	 
	17.01	 	1060
    West Mason Street	 	 	 	 	 	 	 	 	 	 	 	 	 
	17.02	 	289
    Robbins Drive	 	 	 	 	 	 	 	 	 	 	 	 	 
	17.03	 	N58W16780
    Ridgewood Drive	 	 	 	 	 	 	 	 	 	 	 	 	 
	17.04	 	280
    Corporate Woods Parkway	 	 	 	 	 	 	 	 	 	 	 	 	 
	17.05	 	2602
    Agriculture Drive	 	 	 	 	 	 	 	 	 	 	 	 	 
	18	 	Upper
    West Side and Brooklyn Heights Portfolio 2	0.00000%	CREFI	NAP	No	 	 	 	 	 	 	 	 	 
	18.01	 	110
    West 69th Street	 	 	 	 	 	 	 	 	 	 	 	 	 
	18.02	 	141
    Columbia Heights	 	 	 	 	 	 	 	 	 	 	 	 	 
	18.03	 	15A
    West 73rd Street	 	 	 	 	 	 	 	 	 	 	 	 	 
	18.04	 	23
    West 70th Street	 	 	 	 	 	 	 	 	 	 	 	 	 
	19	 	601
    Lexington Avenue	0.00500%	CREFI	NAP	No	 	 	 	 	 	 	 	 	 
	20	 	Crossroads
    Hotel Portfolio	0.00000%	JPMCB	NAP	No	 	 	 	 	 	 	 	 	 
	21	 	One
    Jackson Place	0.00000%	GACC	NAP	No	 	 	 	 	 	 	 	 	 
	22	 	Eagle
    Station	0.00000%	GACC	NAP	No	 	 	 	 	 	 	 	 	 
	23	 	Shoppes
    at Foxmoor	0.00000%	JPMCB	NAP	No	 	 	 	 	 	 	 	 	 
	24	 	Safeway
    at Vistancia Marketplace	0.00000%	GACC	NAP	No	 	 	 	 	 	 	 	 	 
	25	(2)	Novo
    Nordisk HQ	0.00125%	GACC	NAP	Yes	4/6/2031	See
    footnote (2)	 	 	 	 	 	 	 
	26	 	Gem
    Tower	0.00125%	GSMC	NAP	No	 	 	 	 	 	 	 	 	 
	27	 	Belair
    & Goshen – Food Lion	0.00000%	CREFI	NAP	No	 	 	 	 	 	 	 	 	 
	27.01	 	Belair
    Plaza	 	 	 	 	 	 	 	 	 	 	 	 	 
	27.02	 	Goshen
    Village	 	 	 	 	 	 	 	 	 	 	 	 	 
	28	 	University
    Square	0.00000%	GACC	NAP	No	 	 	 	 	 	 	 	 	 
	29	 	1600
    Brittmoore	0.00000%	JPMCB	NAP	No	 	 	 	 	 	 	 	 	 
	30	 	Legacy
    Village	0.00000%	GSMC	NAP	No	 	 	 	 	 	 	 	 	 
	31	 	Southern
    Star Storage Portfolio	0.00000%	CREFI	NAP	No	 	 	 	 	 	 	 	 	 
	31.01	 	Addison
    Airport Self Storage	 	 	 	 	 	 	 	 	 	 	 	 	 
	31.02	 	Jensen
    Beach Self Storage	 	 	 	 	 	 	 	 	 	 	 	 	 
	31.03	 	Montrose
    Airport Self Storage	 	 	 	 	 	 	 	 	 	 	 	 	 
	31.04	 	281
    Mini Storage	 	 	 	 	 	 	 	 	 	 	 	 	 
	32	 	Best
    Western North Phoenix	0.00000%	GACC	NAP	No	 	 	 	 	 	 	 	 	 
	33	 	Fairfield
    Inn & Suites Gainesville 	0.00000%	CREFI	NAP	No	 	 	 	 	 	 	 	 	 
	34	 	Holiday
    Inn Express and Suites Uniontown	0.00000%	GACC	NAP	No	 	 	 	 	 	 	 	 	 
	35	 	Redwood
    Simpsonville II	0.00000%	GSMC	NAP	No	 	 	 	 	 	 	 	 	 
	36	 	Johns
    Hopkins MOB	0.00000%	GACC	NAP	No	 	 	 	 	 	 	 	 	 
	37	 	900
    East Grand Avenue	0.00000%	CREFI	NAP	No	 	 	 	 	 	 	 	 	 

 

	 	(1)	The
    One Wilshire Loan Combination has an Anticipated Repayment Date of January 6, 2032 and a final maturity date of January 6,
    2035. The initial interest rate for the One Wilshire Loan Combination is 2.77600% per annum. After the ARD, the interest rate
    will increase by 3.0% over the greater of (x) 2.77600% and (y) the term SOFR rate in effect on the ARD, pursuant to the One
    Wilshire Whole Loan documents.
	 	(2)	The
    Novo Nordisk Loan Combination is structured with an ARD of November 6, 2026 and a final maturity date of April 6, 2031. The
    initial interest rate for the Novo Nordisk HQ Loan Combination is 2.83800% per annum. From and after the ARD, the per annum
    interest rate will be equal to the greater of (i) the initial interest rate plus 2.5000% and (ii) the swap rate (as calculated
    in the Novo Nordisk HQ Loan Combination documents) in effect on the ARD plus 4.19000%

 

     

     

    
 

 

EXHIBIT
C

 

FORM
OF REQUEST FOR RELEASE

(for Certificate Administrator)

 

Loan
Information:

Name of Mortgagor: __________________

Master Servicer Loan No.: __________________

Certificate Administrator: Computershare Trust Company, National Association

		Address:	9062
                                         Old Annapolis Road

Columbia,
Maryland 21045

Attention:
Corporate Trust Services – Benchmark 2022-B35

 

Custodian
Mortgage File No.: __________________

[Seller]

Name: __________________

Address: __________________

__________________

 

		Certificates:	Benchmark
                                         2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35,
                                         Class [__]

 

The
undersigned [Master Servicer][Special Servicer][Outside Servicer][Outside Special Servicer] hereby requests delivery from Computershare
Trust Company, National Association, as Certificate Administrator, for the Holders of Benchmark 2022-B35 Mortgage Trust, Commercial
Mortgage Pass-Through Certificates, Series 2022-B35, the documents referred to below (the “Documents”). All
capitalized terms not otherwise defined in this Request for Release shall have the meanings given them in the Pooling and Servicing
Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage
Securities Inc., as Depositor, KeyBank National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services
LLC, as Operating Advisor and as Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate
Administrator, and Wilmington Trust, National Association, as Trustee.

 

(  )          Note
dated _________, _____, in the original principal sum of $_____, made by _______, payable to, or endorsed to the order of, the
Trustee.

 

(  )         Mortgage
recorded on ____________ as instrument no. ________ in the County Recorder’s Office of the County of _______________, State
of _________________ in book/reel/docket ___________ of official records at page/image ________.

 

(  )         Deed
of trust recorded on __________ as instrument no. ________ in the County Recorder’s Office of the County of ____________,
State of _______ in book/reel/docket ____________ of official records at page/image.

 

    C-1

     

    

 

(  )          Assignment
of Mortgage or deed of trust to the Trustee, recorded on _____________ as instrument no. _______ in the County Recorder’s
Office of the County of _________, State of _______ in book/reel/docket __________ of official records at page/image _____________.

 

(  )          Other
documents, including any amendments, assignments or other assumptions of the Note or Mortgage.

 

		(  )	 	 

 

		(  )	 	 

 

		(  )	 	 

 

		(  )	 	 

 

The
undersigned [Master Servicer][Special Servicer][Outside Servicer][Outside Special Servicer] hereby acknowledges and agrees as
follows:

 

(i)           The
undersigned [Master Servicer][Special Servicer][Outside Servicer][Outside Special Servicer] shall hold and retain possession of
the Documents in trust for the benefit of the Trustee, solely for the purposes provided in the Agreement.

 

(ii)          The
undersigned [Master Servicer][Special Servicer][Outside Servicer][Outside Special Servicer] shall not cause or permit the Documents
to become subject to, or encumbered by, any claim, liens, security interest, charges, writs of attachment or other impositions
nor shall the undersigned [Master Servicer][Special Servicer][Outside Servicer][Outside Special Servicer] assert or seek to assert
any claims or rights of set-off to or against the Documents or any proceeds thereof.

 

(iii)         The
undersigned [Master Servicer][Special Servicer][Outside Servicer][Outside Special Servicer] shall return the Documents to the
Certificate Administrator when the need therefor no longer exists, unless the Mortgage Loan relating to the Documents has been
liquidated and the proceeds thereof have been remitted to the Collection Account and except as expressly provided in the Agreement.

 

(iv)         The
Documents and any proceeds thereof, including any proceeds of proceeds, coming into the possession or control of the undersigned
[Master Servicer][Special Servicer][Outside Servicer][Outside Special Servicer] shall at all times be earmarked for the account
of the Trustee, and the undersigned [Master Servicer][Special Servicer][Outside Servicer][Outside Special Servicer] shall keep
the Documents and any proceeds separate and distinct from all other property in the undersigned [Master Servicer][Special Servicer][Outside
Servicer][Outside Special Servicer]’s possession, custody or control.

 

    C-2

     

    

 

	 	[MASTER SERVICER/SPECIAL SERVICER]
    [OUTSIDE SERVICER/ OUTSIDE SPECIAL SERVICER]
	 	 	 
	 	By:	        
	 	 	Name:
	 	 	Title:

Dated:

 

    C-3

     

    

 

EXHIBIT
D

FORM OF DISTRIBUTION DATE STATEMENT

 

    D-1

     

    

 

	Distribution
    Date:	06/17/22	BENCHMARK 2022-B35 MORTGAGE TRUST	
	Determination
    Date:	06/13/22
	Record
    Date:	05/31/22	Commercial Mortgage Pass-Through Certificates

Series 2022-B35
	 	 	 	 

 

	Table
    of Contents
	Section	Pages
	Certificate
    Distribution Detail	2-3
	Certificate
    Factor Detail	4
	Certificate
    Interest Reconciliation Detail	5
	Additional
    Information	6
	Bond
    / Collateral Reconciliation - Cash Flows	7
	Bond
    / Collateral Reconciliation - Balances	8
	Current
    Mortgage Loan and Property Stratification	9-13
	Mortgage
    Loan Detail (Part 1)	14
	Mortgage
    Loan Detail (Part 2)	15
	Principal
    Prepayment Detail	16
	Historical
    Detail	17
	Delinquency
    Loan Detail	18
	Collateral
    Stratification and Historical Detail	19
	Specially
    Serviced Loan Detail - Part 1	20
	Specially
    Serviced Loan Detail - Part 2	21
	Modified
    Loan Detail	22
	Historical
    Liquidated Loan Detail	23
	Historical
    Bond / Collateral Loss Reconciliation Detail	24
	Interest
    Shortfall Detail - Collateral Level	25
	Supplemental
    Notes	26
	 	 

	Contacts
	  Role	Party and Contact Information
	Depositor	Citigroup Commercial Mortgage Securities Inc.	 	 
	 	Raul D. Orozco	 	raul.d.orozco@citi.com
	 	388 Greenwich Street | New York, NY 10013 | United States
	Certificate Administrator	Computershare Trust Company, N.A.	 	 
	 	Corporate Trust Services (CMBS)	 	cts.cmbs.bond.admin@wellsfargo.com; trustadministrationgroup@wellsfargo.com
	 	9062 Old Annapolis Road | Columbia, MD 21045 | United States
	Master & Special Servicer	KeyBank National Association	 	 
	 	Michael Tilden	 	michael_a_tilden@keybank.com
	 	11501 Outlook Street, Suite 300 | Overland Park, KS 66211 | United States
	Primary Servicer	Midland Loan Services, a Division of PNC Bank, National Association	 	 
	 	Executive Vice President – Division Head	(913) 253-9000	noticeadmin@midlandls.com
	 	10851 Mastin Street, Building 82, Suite 300 | Overland Park, KS 66210 | United States
	Operating Advisor & Asset Representations Reviewer	Park Bridge Lender Services LLC	 	 
	 	CMBS Notices	 	cmbs.notices@parkbridgefinancial.com
	 	600 Third Avenue, 40th Floor | New York, NY 10016 | United States
	Trustee	Wilmington Trust, National Association	 	 
	 	Attention: CMBS Trustee	(302) 636-4140	CMBSTrustee@wilmingtontrust.com
	 	1100 North Market Street | Wilmington, DE 19890 | United States
	Directing Holder	TBD	 	 
	 	TBD	 	 
	 	TBD, TBD | TBD, TB   | United States
	Controlling Class Representative	TBD	 	 
	 	TBD	 	 
	 	TBD, TBD | TBD, TB   | United States

	 	This
    report is compiled by Computershare Trust Company, N.A. from information provided by third parties. Computershare Trust Company,
    N.A. has not independently confirmed the accuracy of the information.
	 	Please
    visit www.ctslink.com for additional information and if applicable, any special notices and any credit risk retention
    notices. In addition, certificate holders may register online for email notification when special notices are posted. For
    information or assistance please call 866-846-4526.

 

    
	© 2021 Computershare. All rights reserved. Confidential.	 	Page 1 of 26

     

    

 

	Distribution
    Date:	06/17/22	BENCHMARK 2022-B35 MORTGAGE TRUST	
	Determination
    Date:	06/13/22
	Record
    Date:	05/31/22	Commercial Mortgage Pass-Through Certificates

Series 2022-B35
	 	 	 	 

 

Certificate
                     Distribution Detail

                      

	Class	CUSIP	Pass-Through

    Rate (2)	 	Original
    Balance	Beginning
    Balance	Principal

    Distribution	Interest

    Distribution	Prepayment
    Penalties	Realized
    Losses	Total
    Distribution	Ending
    Balance	Current

    Credit

 Support1	Original

    Credit

 Support1
	 
	A-1	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	A-2	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	A-3	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	A-4	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	A-5	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	A-SB	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	A-S	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	B	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	C	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	D	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	E	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	F	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	G	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	H	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	S	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	R	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	VRR Interest	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00%	0.00%
	Regular SubTotal	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 
	X-A	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 	 
	X-B	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 	 
	X-D	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 	 
	X-F	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 	 

Certificate
Distribution Detail continued to next page

 

    
	© 2021 Computershare. All rights reserved. Confidential.	 	Page 2 of 26

     

    

 

	Distribution
    Date:	06/17/22	BENCHMARK 2022-B35 MORTGAGE TRUST	
	Determination
    Date:	06/13/22
	Record
    Date:	05/31/22	Commercial Mortgage Pass-Through Certificates

Series 2022-B35
	 	 	 	 

 

	Certificate
                     Distribution Detail

         

	Class	CUSIP	Pass-Through

    Rate (2)	 	Original
    Balance	Beginning
    Balance	Principal

    Distribution	Interest

    Distribution	Prepayment
    

    Penalties	Realized
    Losses	Total
    Distribution	Ending
    Balance	Current

    Credit

 Support1	Original

    Credit

 Support1
	 
	X-G	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 	 
	X-H	 	0.000000%	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 	 
	 Notional SubTotal	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 	 
	 	 	 	 	 	 	 	 	 	 
	 Deal Distribution
    Total	 	 	 	0.00	0.00	0.00	0.00	0.00	 	 	 

 

	 	*	Denotes
    the Controlling Class (if required)
	 	(1)	Calculated
    by taking (A) the sum of the ending certificate balance of all classes in a series less (B) the sum of (i) the ending certificate
    balance of the designated class and (ii) the ending certificate balance of all classes which are not subordinate to the designated
    class and dividing the result by (A).
	 	(2)	Pass-Through
    Rates with respect to any Class of Certificates on next month’s Payment Date is expected to be the same as the current respective
    Pass-Through Rate, subject to any modifications on the underlying loans, any change in certificate or pool balance, any change
    in the underlying index (if and as applicable), and any other matters provided in the governing documents.

 

    
	© 2021 Computershare. All rights reserved. Confidential.	 	Page 3 of 26

     

    

 

	Distribution
    Date:	06/17/22	BENCHMARK 2022-B35 MORTGAGE TRUST	
	Determination
    Date:	06/13/22
	Record
    Date:	05/31/22	Commercial Mortgage Pass-Through Certificates

Series 2022-B35
	 	 	 	 

	Certificate
    Factor Detail
	Class	CUSIP	Beginning
    Balance	Principal
    Distribution	Interest
    Distribution	Interest
    Shortfalls / (Paybacks)	Cumulative
    Interest Shortfalls	Prepayment
    Penalties	Realized
    Losses	Total
    Distribution	Ending
    Balance
	Regular
    Certificates
	A-1	 	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	A-2	 	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	A-3	 	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	A-4	 	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	A-5	 	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	A-SB	 	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	A-S	 	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	B	 	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	C	 	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	D	 	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	E	 	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	F	 	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	G	 	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	H	 	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	S	 	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	R	 	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	VRR Interest	 	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	 	 	 	 	 	 	 	 	 	 	 
	Notional
    Certificates
	X-A	 	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	X-B	 	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	X-D	 	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	X-F	 	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	X-G	 	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	X-H	 	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000	0.00000000
	 	 	 	 	 	 	 	 	 	 	 

    
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	Distribution
    Date:	06/17/22	BENCHMARK 2022-B35 MORTGAGE TRUST	
	Determination
    Date:	06/13/22
	Record
    Date:	05/31/22	Commercial Mortgage Pass-Through Certificates

Series 2022-B35
	 	 	 	 

	Certificate
    Interest Reconciliation Detail
	Class	Accrual
    Period	Accrual
    Days	Prior
    Cumulative Interest Shortfalls	Accrued
    Certificate Interest	Net
    Aggregate Prepayment Interest Shortfall	Distributable
    Certificate Interest	Interest
    Shortfalls / (Paybacks)	Payback
    of Prior Realized Losses	Additional
    Interest Distribution Amount	Interest
    Distribution	Cumulative
    Interest Shortfalls	 
	A-1	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	A-2	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	A-3	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	A-4	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	A-5	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	A-SB	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	X-A	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	A-S	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	B	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	C	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	X-B	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	X-D	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	X-F	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	X-G	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	X-H	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	D	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	E	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	F	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	G	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	H	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	VRR
    Interest	MM/DD/YY-MM/DD/YY	0	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	Totals	 	 	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	 
	 	 

    
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	Distribution
    Date:	06/17/22	BENCHMARK 2022-B35 MORTGAGE TRUST	
	Determination
    Date:	06/13/22
	Record
    Date:	05/31/22	Commercial Mortgage Pass-Through Certificates

Series 2022-B35
	 	 	 	 

 

Additional
Information

 

	 
	Total Available Distribution Amount (1)	0.00

 

		(1)	The
Available Distribution Amount includes any Prepayment Premiums.

 

    
	© 2021 Computershare. All rights reserved. Confidential.	 	Page 6 of 26

     

    

 

	Distribution
    Date:	06/17/22	BENCHMARK 2022-B35 MORTGAGE TRUST	
	Determination
    Date:	06/13/22
	Record
    Date:	05/31/22	Commercial Mortgage Pass-Through Certificates

Series 2022-B35
	 	 	 	 

 

Bond
/ Collateral Reconciliation - Cash Flows

 

	Total Funds Collected

 

	 	Interest
	 	 	Interest Paid or Advanced	0.00
	 	 	Interest Reductions due to Nonrecoverability Determination	0.00
	 	 	Interest Adjustments	0.00
	 	 	Deferred Interest	0.00
	 	 	ARD Interest	0.00
	 	 	Net Prepayment Interest Excess / (Shortfall)	0.00
	 	 	Extension Interest	0.00
	 	 	Interest Reserve Withdrawal	0.00
	 	 	Total Interest Collected	0.00

 

	 	Principal
	 	 	Scheduled Principal	0.00
	 	 	Unscheduled Principal Collections	 
	 	 	Principal Prepayments	0.00
	 	 	Collection of Principal after Maturity Date	0.00
	 	 	Recoveries From Liquidations and Insurance Proceeds	0.00
	 	 	Excess of Prior Principal Amounts Paid	0.00
	 	 	Curtailments	0.00
	 	 	Negative Amortization	0.00
	 	 	Principal Adjustments	0.00
	 	 	 	 
	 	 	 	 
	 	 	Total Principal Collected	0.00

 

 

 

	 	Other
	 	 	Prepayment Penalties / Yield Maintenance	0.00
	 	 	Gain on Sale / Excess Liquidation Proceeds	0.00
	 	 	Borrower Option Extension Fees	0.00
	 	 	Total Other Collected	0.00

 

	 	Total Funds Collected	0.00

	Total Funds Distributed

 

	 	Fees
	 	 	Master Servicing Fee	0.00
	 	 	Certificate Administrator Fee	0.00
	 	 	Trustee Fee	0.00
	 	 	CREFC® Intellectual Property Royalty License Fee	0.00
	 	 	Operating Advisor Fee	0.00
	 	 	Asset Representations Reviewer Fee	0.00
	 	 	 	 
	 	 	 	 
	 	 	Total Fees	0.00

 

	 	Expenses/Reimbursements
	 	 	Reimbursement for Interest on Advances	0.00
	 	 	ASER Amount	0.00
	 	 	Special Servicing Fees (Monthly)	0.00
	 	 	Special Servicing Fees (Liquidation)	0.00
	 	 	Special Servicing Fees (Work Out)	0.00
	 	 	Legal Fees	0.00
	 	 	Rating Agency Expenses	0.00
	 	 	Taxes Imposed on Trust Fund	0.00
	 	 	Non-Recoverable Advances	0.00
	 	 	Workout Delayed Reimbursement Amounts	0.00
	 	 	Other Expenses	0.00
	 	 	Total Expenses/Reimbursements	0.00

 

	 	Interest Reserve Deposit	0.00

 

	 	Payments to Certificateholders and Others
	 	 	Interest Distribution	0.00
	 	 	Principal Distribution	0.00
	 	 	Prepayment Penalties / Yield Maintenance	0.00
	 	 	Total Payments to Certificateholders and Others	0.00

 

	 	Total Funds Distributed	0.00

 

    
	© 2021 Computershare. All rights reserved. Confidential.	 	Page 7 of 26

     

    

 

	Distribution
    Date:	06/17/22	BENCHMARK 2022-B35 MORTGAGE TRUST	
	Determination
    Date:	06/13/22
	Record
    Date:	05/31/22	Commercial Mortgage Pass-Through Certificates

Series 2022-B35
	 	 	 	 

 

Bond
/ Collateral Reconciliation - Balances

 

	Collateral Reconciliation

	 	 	 	 	Total
	Beginning Scheduled Collateral Balance	0.00	 	 	0.00
	(-) Scheduled Principal Collections	0.00	 	 	0.00
	(-) Unscheduled Principal Collections	0.00	 	 	0.00
	(-) Principal Adjustments (Cash)	0.00	 	 	0.00
	(-) Principal Adjustments (Non-Cash)	0.00	 	 	0.00
	(-) Realized Losses from Collateral	0.00	 	 	0.00
	(-) Other Adjustments2	0.00	 	 	0.00
	 	 	 	 	 
	 Ending Scheduled Collateral Balance	0.00	 	 	0.00
	 Beginning Actual Collateral Balance	0.00	 	 	0.00
	 Ending Actual Collateral Balance	0.00	 	 	0.00

	Certificate Reconciliation

	 	Total
	Beginning Certificate Balance	0.00
	(-) Principal Distributions	0.00
	(-) Realized Losses	0.00
	 	Realized Loss and Realized Loss Adjustments on Collateral	0.00
	 	Current Period NRA1	0.00
	 	Current Period WODRA1	0.00
	 	Principal Used to Pay Interest	0.00
	 	Non-Cash Principal Adjustments	0.00
	 	Certificate Other Adjustments**	0.00
	Ending Certificate Balance	0.00

	NRA/WODRA Reconciliation
	 	Non-Recoverable Advances (NRA) from Principal	Workout Delayed Reimbursement of Advances (WODRA) from Principal
	Beginning Cumulative Advances	0.00	0.00
	Current Period Advances	0.00	0.00
	Ending Cumulative Advances	0.00	0.00
	 	 	 

	Under / Over Collateralization Reconciliation
	Beginning UC / (OC)	0.00
	UC / (OC) Change	0.00
	Ending UC / (OC)	0.00
	Net WAC Rate	0.00%
	UC / (OC) Interest	0.00

	(1)	Current Period NRA and WODRA displayed will represent the portion applied as Realized Losses to the bonds.
	(2)	Other Adjustments value will represent miscellaneous items that may impact the Scheduled Balance of the collateral.
	**	A negative value for Certificate Other Adjustments represents the payback of prior Principal Shortfalls, if any.

 

    
	© 2021 Computershare. All rights reserved. Confidential.	 	Page 8 of 26

     

    

 

	Distribution
    Date:	06/17/22	BENCHMARK 2022-B35 MORTGAGE TRUST	
	Determination
    Date:	06/13/22
	Record
    Date:	05/31/22	Commercial Mortgage Pass-Through Certificates

Series 2022-B35
	 	 	 	 

 

Current
Mortgage Loan and Property Stratification

 

Aggregate
Pool

 

	Scheduled Balance
	
        Scheduled

        Balance

        	
        # Of

        Loans

        	
        Scheduled

        Balance

        	
        % Of 

        Agg. Bal.

        	WAM2	WAC	Weighted Avg DSCR1
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 

	Debt Service Coverage Ratio1
	
        Debt Service Coverage

        Ratio

        	
        # Of 

        Loans

        	
        Scheduled

        Balance

        	
        % Of 

        Agg. Bal.

        	WAM2	WAC	Weighted Avg DSCR1
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 

	(1)	Debt Service
    Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In all cases
    the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer, information
    from the offering document is used. The debt service coverage ratio information was provided to the Certificate Administrator
    by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such information.
	(2)	Anticipated Remaining Term and
    WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable,
    and the Maturity Date.
	(3)	Data in this table was calculated
    by allocating pro-rata the current loan information to the properties based upon the Cut Off Date Balance of each property
    as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances of all pooled loans as
    reported in the CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure for the “State”
    and “Property” stratification tables is not equal to the sum of the scheduled balance figures for each state or
    property, the difference is explained by loans that have been modified into a split loan structure. The “State”
    and “Property” stratification tables do not include the balance of the subordinate note (sometimes called the B-piece
    or a “hope note”) of a loan that has been modified into a split-loan structure. Rather, the scheduled balance for
    each state or property only reflects the balance of the senior note (sometimes called the A-piece) of a loan that has been
    modified into a split-loan structure.

 

    
	© 2021 Computershare. All rights reserved. Confidential.	 	Page 9 of 26

     

    

 

	Distribution
    Date:	06/17/22	BENCHMARK 2022-B35 MORTGAGE TRUST	
	Determination
    Date:	06/13/22
	Record
    Date:	05/31/22	Commercial Mortgage Pass-Through Certificates

Series 2022-B35
	 	 	 	 

 

Current
Mortgage Loan and Property Stratification

 

Aggregate
Pool

 

	State3
	State	
        # Of 

        Properties

        	
        Scheduled 

        Balance

        	
        % Of 

        Agg. Bal.

        	WAM2	WAC	Weighted Avg DSCR1

	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 

	Totals	 	 	 	 	 	 

	Property Type3
	Property Type	
        # Of

        Properties

        	
        Scheduled

        Balance

        	
        % Of 

        Agg. Bal.

        	WAM2	WAC	Weighted Avg DSCR1
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 

Note: Please refer to footnotes on the next page
of the report.

 

    
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	Distribution
    Date:	06/17/22	BENCHMARK 2022-B35 MORTGAGE TRUST	
	Determination
    Date:	06/13/22
	Record
    Date:	05/31/22	Commercial Mortgage Pass-Through Certificates

Series 2022-B35
	 	 	 	 

 

Current
Mortgage Loan and Property Stratification

 

Aggregate
Pool

 

	Note Rate
	Note Rate	
        # Of 

        Loans

        	
        Scheduled 

        Balance

        	
        % Of

        Agg. Bal.

        	WAM2	WAC	Weighted Avg DSCR1
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 

	Seasoning
	Seasoning	
        # Of

        Loans

        	
        Scheduled

        Balance

        	
        % Of

        Agg. Bal.

        	WAM2	WAC	Weighted Avg DSCR1
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 

	(1)	Debt
    Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In
    all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer,
    information from the offering document is used. The debt service coverage ratio information was provided to the Certificate
    Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such
    information.
	(2)	Anticipated Remaining
    Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date,
    if applicable, and the Maturity Date.
	(3)	Data
    in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off
    Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances
    of all pooled loans as reported in the CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure
    for the “State” and “Property” stratification tables is not equal to the sum of the scheduled balance
    figures for each state or property, the difference is explained by loans that have been modified into a split loan structure.
    The “State” and “Property” stratification tables do not include the balance of the subordinate note (sometimes
    called the B-piece or a “hope note”) of a loan that has been modified into a split-loan structure. Rather, the scheduled
    balance for each state or property only reflects the balance of the senior note (sometimes called the A-piece) of a loan that
    has been modified into a split-loan structure.

 

    
	© 2021 Computershare. All rights reserved. Confidential.	 	Page 11 of 26

     

    

 

	Distribution
    Date:	06/17/22	BENCHMARK 2022-B35 MORTGAGE TRUST	
	Determination
    Date:	06/13/22
	Record
    Date:	05/31/22	Commercial Mortgage Pass-Through Certificates

Series 2022-B35
	 	 	 	 

 

Current
Mortgage Loan and Property Stratification

 

Aggregate
Pool

  

	Anticipated Remaining Term (ARD and Balloon Loans)
	
        Anticipated

        Remaining Term

        	
        # Of

        Loans

        	
        Scheduled 

        Balance

        	
        % Of 

        Agg. Bal.

        	WAM2	WAC	Weighted Avg DSCR1
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 

	Remaining Amortization Term (ARD and Balloon Loans)
	
        Remaining

        Amortization Term

        	
        # Of

        Loans

        	
        Scheduled 

        Balance

        	
        % Of 

        Agg. Bal.

        	WAM2	WAC	Weighted Avg DSCR1
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 

	(1)	Debt
    Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In
    all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer,
    information from the offering document is used. The debt service coverage ratio information was provided to the Certificate
    Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such
    information.
	(2)	Anticipated Remaining
    Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date,
    if applicable, and the Maturity Date.
	(3)	Data
    in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off
    Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances
    of all pooled loans as reported in the CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure
    for the “State” and “Property” stratification tables is not equal to the sum of the scheduled balance
    figures for each state or property, the difference is explained by loans that have been modified into a split loan structure.
    The “State” and “Property” stratification tables do not include the balance of the subordinate note (sometimes
    called the B-piece or a “hope note”) of a loan that has been modified into a split-loan structure. Rather, the scheduled
    balance for each state or property only reflects the balance of the senior note (sometimes called the A-piece) of a loan that
    has been modified into a split-loan structure.

 

    
	© 2021 Computershare. All rights reserved. Confidential.	 	Page 12 of 26

     

    

 

	Distribution
    Date:	06/17/22	BENCHMARK 2022-B35 MORTGAGE TRUST	
	Determination
    Date:	06/13/22
	Record
    Date:	05/31/22	Commercial Mortgage Pass-Through Certificates

Series 2022-B35
	 	 	 	 

 

Current
Mortgage Loan and Property Stratification

 

Aggregate
Pool

  

	Age of Most Recent NOI
	
        Age of Most

        Recent NOI

        	
        # Of

        Loans

        	
        Scheduled 

        Balance

        	
        % Of 

        Agg. Bal.

        	WAM2	WAC	Weighted Avg DSCR1
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 

	Remaining Stated Term (Fully Amortizing Loans)
	
        Age of Most

        Recent NOI

        	
        # Of

        Loans

        	
        Scheduled 

        Balance

        	
        % Of 

        Agg. Bal.

        	WAM2	WAC	Weighted Avg DSCR1
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 

	(1)	Debt
    Service Coverage Ratios are updated periodically as new NOI figures become available from borrowers on an asset level. In
    all cases the most current DSCR provided by the Servicer is used. To the extent that no DSCR is provided by the Servicer,
    information from the offering document is used. The debt service coverage ratio information was provided to the Certificate
    Administrator by the Master Servicer and the Certificate Administrator has not independently confirmed the accuracy of such
    information.
	(2)	Anticipated Remaining
    Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date,
    if applicable, and the Maturity Date.
	(3)	Data
    in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut Off
    Date Balance of each property as disclosed in the offering document. The Scheduled Balance Totals reflect the aggregate balances
    of all pooled loans as reported in the CREFC Loan Periodic Update File. To the extent that the Scheduled Balance Total figure
    for the “State” and “Property” stratification tables is not equal to the sum of the scheduled balance
    figures for each state or property, the difference is explained by loans that have been modified into a split loan structure.
    The “State” and “Property” stratification tables do not include the balance of the subordinate note (sometimes
    called the B-piece or a “hope note”) of a loan that has been modified into a split-loan structure. Rather, the scheduled
    balance for each state or property only reflects the balance of the senior note (sometimes called the A-piece) of a loan that
    has been modified into a split-loan structure.

 

    
	© 2021 Computershare. All rights reserved. Confidential.	 	Page 13 of 26

     

    

 

	Distribution
    Date:	06/17/22	BENCHMARK 2022-B35 MORTGAGE TRUST	
	Determination
    Date:	06/13/22
	Record
    Date:	05/31/22	Commercial Mortgage Pass-Through Certificates

Series 2022-B35
	 	 	 	 

 

	Mortgage Loan Detail (Part 1)

                                                                     

	Pros ID 	Loan ID	Loan Group	Prop Type (1)	City 	State	Interest Accrual Type	Gross Rate	Scheduled Interest	Scheduled Principal	Principal

Adjustments	Anticipated Repay Date	Original Maturity Date	Adjusted Maturity Date	Beginning Scheduled Balance	Ending Scheduled Balance	Paid 

Through

 Date
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

	 	1
    Property Type Codes
	 	 	HC
    - Health Care	MU
    - Mixed Use	WH
    - Warehouse	MF
    - Multi-Family
	 	 	SS
    - Self Storage	LO
    - Lodging	RT
    - Retail	SF
    - Single Family Rental
	 	 	98
    - Other	IN
    - Industrial	OF
    - Office	MH
    - Mobile Home Park
	 	 	SE
    - Securities	CH
    - Cooperative Housing	ZZ
    - Missing Information/Undefined	 

 

    
	© 2021 Computershare. All rights reserved. Confidential.	 	Page 14 of 26

     

    

 

	Distribution
    Date:	06/17/22	BENCHMARK 2022-B35 MORTGAGE TRUST	
	Determination
    Date:	06/13/22
	Record
    Date:	05/31/22	Commercial Mortgage Pass-Through Certificates

Series 2022-B35
	 	 	 	 

 

	Mortgage
    Loan Detail (Part 2)
	 
	Pros ID 	Loan Group	Most Recent Fiscal NOI	Most Recent NOI	Most Recent NOI Start Date	Most Recent NOI End Date	Appraisal Reduction Date	Appraisal Reduction Amount	Cumulative ASER	Current P&I Advances	Cumulative P&I Advances	Cumulative Servicer Advances	Current NRA/WODRA from Principal	Defease Status
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

 

    
	© 2021 Computershare. All rights reserved. Confidential.	 	Page 15 of 26

     

    

 

	Distribution
    Date:	06/17/22	BENCHMARK 2022-B35 MORTGAGE TRUST	
	Determination
    Date:	06/13/22
	Record
    Date:	05/31/22	Commercial Mortgage Pass-Through Certificates

Series 2022-B35
	 	 	 	 

 

	Principal
    Prepayment Detail
	 
	 	 	 	Unscheduled Principal 	Prepayment Premiums
	Pros ID	Loan Number	Loan

Group	Amount	 	Prepayment / Liquidation Code	Prepayment Premium Amount	Yield Maintenance Amount
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 	 
	 

	 	Note: Principal Prepayment Amount listed here may include Principal Adjustment Amounts on the loan in addition to the Unscheduled Principal Amount.

 

    
	© 2021 Computershare. All rights reserved. Confidential.	 	Page 16 of 26

     

    

 

	Distribution
    Date:	06/17/22	BENCHMARK 2022-B35 MORTGAGE TRUST	
	Determination
    Date:	06/13/22
	Record
    Date:	05/31/22	Commercial Mortgage Pass-Through Certificates

Series 2022-B35
	 	 	 	 

 

	Historical
    Detail
	 
	 	Delinquencies1	Prepayments	Rate and Maturities
	 	30-59 Days	60-89 Days	90 Days or More	Foreclosure	REO	Modifications	Curtailments	Payoff	Next Weighted Avg.	 
	Distribution Date	#	Balance	#	Balance	#	Balance	#	Balance	#	Balance	#	Balance	#	Amount	#	Amount	Coupon	Remit	WAM1
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

	(1)	Foreclosure and REO Totals are included in the delinquencies aging categories.

 

    
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	Distribution
    Date:	06/17/22	BENCHMARK 2022-B35 MORTGAGE TRUST	
	Determination
    Date:	06/13/22
	Record
    Date:	05/31/22	Commercial Mortgage Pass-Through Certificates

Series 2022-B35
	 	 	 	 

 

	Delinquency
    Loan Detail
	 
	Pros ID	Loan ID	Paid Through Date	Months Delinquent	Mortgage

Loan

Status1	Current P&I Advances	Outstanding P&I Advances	
        Outstanding 

        Servicer

        Advances

        	Actual Principal Balance	
        Servicing 

        Transfer

        Date

        	Resolution

Strategy

Code2	Bankruptcy Date	Foreclosure Date	REO Date
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 	 	 	 	 	 	 	 
	 

	 	1 Mortgage
    Loan Status
	 	 	A
    - Payment Not Received But Still in Grace Period	0
    - Current	4
    - Performing Matured Balloon
	 	 	B -
    Late Payment But Less Than 30 days  Delinquent	1 -
    30-59 Days Delinquent	5 -
    Non Performing Matured Balloon
	 	 	 	2 -
    60-89 Days Delinquent	6 -
    121+ Days Delinquent
	 	 	 	3 -
    90-120 Days Delinquent	 
	 	 	 	 	 

	 	2 Resolution Strategy Code
	 	 	1
    - Modification	6
    - DPO	10
    - Deed in Lieu of Foreclosures
	 	 	2 -
    Foreclosure	7 -
    REO	11-
    Full Payoff
	 	 	3 -
    Bankruptcy	8 -
    Resolved	12
    - Reps and Warranties
	 	 	4 -
    Extension	9 -
    Pending Return to Master Servicer	13
    -  TBD
	 	 	5 -
    Note Sale	98
    - Other	 

	 	Note: Outstanding P & I Advances include the current period advance.

 

    
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    Date:	06/17/22	BENCHMARK 2022-B35 MORTGAGE TRUST	
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Series 2022-B35
	 	 	 	 

 

Collateral
Stratification and Historical Detail

 

	Maturity Dates and Loan Status1

	 	Total	Performing	Non-Performing	REO/Foreclosure
	 			
	Past Maturity	0	0	0	0
	0 - 6 Months	0	0	0	0
	7 - 12 Months	0	0	0	0
	13 - 24 Months	0	0	0	0
	25 - 36 Months	0	0	0	0
	37 - 48 Months	0	0	0	0
	49 - 60 Months	0	0	0	0
	>
    60 Months	0	0	0	0

 

	Historical Delinquency Information

	 	Total	Current	30-59
    Days	60-89
    Days	90+
    Days	REO/Foreclosure
	 					
	Jun-22	0	0	0	0	0	0
	May-22	0	0	0	0	0	0
	Apr-22	0	0	0	0	0	0
	Mar-22	0	0	0	0	0	0
	Feb-22	0	0	0	0	0	0
	Jan-22	0	0	0	0	0	0
	Dec-21	0	0	0	0	0	0
	Nov-21	0	0	0	0	0	0
	Oct-21	0	0	0	0	0	0
	Sep-21	0	0	0	0	0	0
	Aug-21	0	0	0	0	0	0
	Jul-21	0	0	0	0	0	0

	(1)	Maturity dates used in this chart are based on the dates provided by the Master Servicer in the Loan Periodic File.

    
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    Date:	06/17/22	BENCHMARK 2022-B35 MORTGAGE TRUST	
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	Record
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Series 2022-B35
	 	 	 	 

 

	Specially
    Serviced Loan Detail - Part 1
	 
	Pros ID	Loan ID	Ending Scheduled Balance	Actual Balance	Appraisal Value	Appraisal Date	Net Operating Income	DSCR	DSCR Date	Maturity Date	
        Remaining

        Amort Term

        
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 	 	 	 	 
	 

 

    
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    Date:	06/17/22	BENCHMARK 2022-B35 MORTGAGE TRUST	
	Determination
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	Record
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Series 2022-B35
	 	 	 	 

 

	Specially
    Serviced Loan Detail - Part 2
	 
	Pros ID	Loan ID	Property Type1	State	
        Servicing

        Transfer

        Date

        	Resolution Strategy Code2	Special Servicing Comments
	 	 	 	 	 	 	 
	 	 
	 	 	 	 	 	 	 
	 	 
	 

	 	1
    Property Type Codes
	 	 	HC - Health
    Care	MU - Mixed
    Use	WH - Warehouse
	 	 	MF - Multi-Family	SS - Self Storage	LO - Lodging
	 	 	RT - Retail	SF - Single Family Rental	98 - Other
	 	 	IN - Industrial	OF - Office	MH - Mobile Home Park
	 	 	SE - Securities	CH - Cooperative Housing	ZZ - Missing Information/Undefined

 

	 	2
    Resolution Strategy Code
	 	 	1 - Modification	6 - DPO	10 - Deed in
    Lieu of Foreclosures
	 	 	2 - Foreclosure	7 - REO	11- Full Payoff
	 	 	3 - Bankruptcy	8 - Resolved	12 - Reps and Warranties
	 	 	4 - Extension	9 - Pending Return to Master Servicer	13 -  TBD
	 	 	5 - Note Sale	98 - Other	 

 

    
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	Record
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Series 2022-B35
	 	 	 	 

 

Modified
Loan Detail

 

	 	 	 	Pre-Modification	Post-Modification	 	 	 	 
	Pros ID	Loan Number	 	Balance	Rate	Balance	Rate	
        Modification 

        Code1

        	
        Modification Booking 

        Date

        	
        Modification

 Closing 

        Date

        	
        Modification

 Effective 

        Date

        
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 
	Totals	 	 	 	 	 	 	 	 	 	 
	 

	1 Modification Codes
	 	1 - Maturity Date Extension	5 - Temporary Rate Reduction	8 - Other	 
	 	2 - Amortization Change	6 - Capitalization on Interest	9 - Combination	 
	 	3 - Principal Write-Off	7 - Capitalization on Taxes	10 - Forbearance	 
	 	 	 	 	 

	 	Note: Please refer to Servicer Reports for modification comments.

 

    
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	Record
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Series 2022-B35
	 	 	 	 

 

	Historical
    Liquidated Loan Detail
	 
	Pros ID1	
        Loan

        Number

        	Dist.Date	
        Loan

        Beginning

        Scheduled

        Balance

        	
        Most Recent

        Appraised

        Value or BPO

        	
        Gross Sales

        Proceeds or

        Other

        Proceeds

        	
        Fees,

        Advances,

        and Expenses

        	
        Net Proceeds

        Received on

        Liquidation

        	
        Net Proceeds

        Available for

        Distribution

        	
        Realized Loss

        to Loan

        	
        Current 

        Period

        Adjustment to

        Loan

        	
        Cumulative

        Adjustment to

        Loan

        	
        Loss to Loan

        with

        Cumulative

        Adjustment

        	
        Percent of

        Original

        Loan

        Balance

        
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 

	Current Period Totals	 	 	 	 	 	 	 	 	 	 	 
	Cumulative Totals	 	 	 	 	 	 	 	 	 	 	 

 

	 	Note: Fees, Advances and Expenses also include outstanding P & I advances and unpaid fees (servicing, trustee, etc.).

 

    
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Series 2022-B35
	 	 	 	 

 

	 	 	Historical
    Bond / Collateral Loss Reconciliation Detail	 
	 	 	 	 
	Pros ID	
        Loan

        Number

        	Distribution Date	
        Certificate 

        Interest Paid

        from Collateral

        Principal

        Collections

        	
        Reimb of Prior

        Realized Losses

        from Collateral

        Interest

        Collections

        	
        Aggregate

        Realized Loss to

        Loan

        	
        Loss Covered by

        Credit

        Support/Deal

        Structure

        	
        Loss Applied to

        Certificate

        Interest Payment

        	
        Loss Applied to

        Certificate

        Balance

        	
        Non-Cash 

        Principal

        Adjustment

        	
        Realized Losses

        from

        NRA/WODRA

        	
        Total Loss 

        Applied to

        Certificate

        Balance

        
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 
	Current Period Totals	 	 	 	 	 	 	 	 	 	 
	Cumulative Totals	 	 	 	 	 	 	 	 	 	 
	 	 

 

    
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    Date:	06/17/22	BENCHMARK 2022-B35 MORTGAGE TRUST	
	Determination
    Date:	06/13/22
	Record
    Date:	05/31/22	Commercial Mortgage Pass-Through Certificates

Series 2022-B35
	 	 	 	 

 

Interest Shortfall
Detail - Collateral Level

 

	Pros ID	
        Interest

        Adjustments

        	
        Deferred

        Interest

        Collected

        	Special Servicing Fees	ASER	PPIS /  (PPIE)	
        Non-

        Recoverable

        Interest

        	
        Interest on

        Advances

        	
        Reimbursement of 

        Advances from

        Interest

        	
        Other

        Shortfalls /

        (Refunds)

        	
        Modified

        Interest

        Reduction /

        (Excess)

        
	Monthly	Liquidation	Work Out
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	Total	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 
	Note: Interest Adjustments listed for each loan do not include amounts that were used to adjust the Weighted Average Net Rate of the mortgage loans.	 	Collateral Shortfall Total	0.00

 

    
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Series 2022-B35
	 	 	 	 

 

Supplemental
Notes

 

	None

 

    
	© 2021 Computershare. All rights reserved. Confidential.	 	Page 26 of 26

     

    

 

 

EXHIBIT
E

 

FORM
OF TRANSFER CERTIFICATE

FOR RULE 144A GLOBAL CERTIFICATE

TO TEMPORARY REGULATION S GLOBAL CERTIFICATE

 

(Exchanges
or transfers pursuant to

Section 5.03(c) of the Pooling and Servicing Agreement)

 

Computershare
Trust Company, National Association,

as
Certificate Registrar

600
South 4th Street, 7th Floor

Minneapolis, Minnesota 55415

Attention: CTS - Certificate Transfer Services - Benchmark 2022-B35

 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35,
                                         Class [__]	 

 

Reference
is hereby made to the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”),
between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association, as Master Servicer and as Special
Servicer, Park Bridge Lender Services LLC, as Operating Advisor and as Asset Representations Reviewer, Computershare Trust Company,
National Association, as Certificate Administrator, and Wilmington Trust, National Association, as Trustee. Capitalized terms
used but not defined herein shall have the meanings given to them in the Pooling and Servicing Agreement.

 

This
letter relates to US $[______] aggregate [Certificate Balance] [Notional Amount] of the Class [__] Certificates (the “Certificates”)
which are held in the form of a beneficial interest in the Rule 144A Global Certificate of such Class (CUSIP No. [______])
with the Depository in the name of [insert name of Transferor] (the “Transferor”). The Transferor has requested
an exchange or transfer of such beneficial interest for a beneficial interest in the Temporary Regulation S Global Certificate
of such Class (CINS No. [______] and ISIN No. [______]) to be held with the Depository in the name of [Euroclear] [Clearstream]*
(Common Code No. [______]).

 

In
connection with such request and in respect of such Certificates, the Transferor does hereby certify that such exchange or transfer
has been made in compliance with the transfer restrictions set forth in the Pooling and Servicing Agreement and pursuant to and
in accordance with Regulation S (“Regulation S”) under the Securities Act of 1933, as amended (the
“Securities Act”), and accordingly the Transferor does hereby certify that:

 

(1)            the
offer of the Certificates was not made to a person in the “United States” (as defined in Regulation S);

 

 

 

*
       Select appropriate depository.

 

    E-1

     

    

 

[(2)          at
the time the buy order was originated, the transferee was outside the United States or the Transferor and any person acting on
its behalf reasonably believed and believes that the transferee was outside the United States;]**

 

[(2)         the
transaction was executed in, on or through the facilities of a “designated offshore securities market” (as defined
in Regulation S) and neither the Transferor nor any person acting on its behalf knows that the transaction was pre-arranged with
a buyer in the United States;]**

 

(3)           no
“directed selling efforts” (as defined in Regulation S) have been made in contravention of the requirements of Rule
903(b) or 904(b) of Regulation S, as applicable;

 

(4)           the
transaction is not part of a plan or scheme to evade the registration requirements of the Securities Act; and

 

(5)           the
transferee is an institution.

 

We
understand that this certificate is required in connection with certain securities laws of the United States. In connection therewith,
if administrative or legal proceedings are commenced or threatened in connection with which this certificate is or would be relevant,
we irrevocably authorize you to produce this certificate to any interested party in such proceeding. This certificate and the
statements contained herein are made for your benefit and the benefit of the Depositor, Trustee, Operating Advisor, Asset Representations
Reviewer, Certificate Administrator, Master Servicer, Special Servicer, the Initial Purchasers and the Underwriters.

 

	 	[Insert Name of Transferor]
	 	 	 
	 	By:	        
	 	 	Name:
	 	 	Title:

  

Dated:
_______

 

cc:
Citigroup Commercial Mortgage Securities Inc.

 

 

 

**
       Insert one of these two provisions, which come from the definition of “offshore
transaction” in Regulation S.

 

    E-2

     

    

 

EXHIBIT
F

 

FORM
OF TRANSFER CERTIFICATE

FOR RULE 144A GLOBAL CERTIFICATE 

TO REGULATION S GLOBAL CERTIFICATE

 

(Exchange
or transfers pursuant to

Section 5.03(d) of the Pooling and Servicing Agreement)

 

Computershare
Trust Company, National Association,

as
Certificate Registrar

600
South 4th Street, 7th Floor

Minneapolis, Minnesota 55415

Attention: CTS - Certificate Transfer Services - Benchmark 2022-B35

 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35,
                                         Class [__]	 

 

Reference
is hereby made to the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”),
between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association, as Master Servicer and as Special
Servicer, Park Bridge Lender Services LLC, as Operating Advisor and as Asset Representations Reviewer, Computershare Trust Company,
National Association, as Certificate Administrator, and Wilmington Trust, National Association, as Trustee. Capitalized terms
used but not defined herein shall have the meanings given to them in the Pooling and Servicing Agreement.

 

This
letter relates to US $[______] aggregate [Certificate Balance] [Notional Amount] of the Class [__] Certificates (the “Certificates”)
which are held in the form of a beneficial interest in the Rule 144A Global Certificate of such Class (CUSIP No. [______])
with the Depository in the name of [insert name of Transferor] (the “Transferor”). The Transferor has requested
an exchange or transfer of such beneficial interest for a beneficial interest in the Regulation S Global Certificate of such
Class (CINS No. [______], ISIN No. [______], and Common Code No. [______]).

 

In
connection with such request and in respect of such Certificates, the Transferor does hereby certify that such exchange or transfer
has been made in compliance with the transfer restrictions set forth in the Pooling and Servicing Agreement and, (i) with
respect to transfers made in reliance on Regulation S (“Regulation S”) under the Securities Act of
1933, as amended (the “Securities Act”), the Transferor does hereby certify that:

 

(1)            the
offer of the Certificates was not made to a person in the “United States” (as defined in Regulation S),

 

    F-1

     

    

 

[(2)          at
the time the buy order was originated, the transferee was outside the United States or the Transferor and any person acting on
its behalf reasonably believed and believes that the transferee was outside the United States,]*

 

[(2)          the
transaction was executed in, on or through the facilities of a “designated offshore securities market” (as defined
in Regulation S) and neither the Transferor nor any person acting on its behalf knows that the transaction was pre-arranged with
a buyer in the United States,] *

 

(3)           no
“directed selling efforts” (as defined in Regulation S) have been made in contravention of the requirements of Rule
903(b) or 904(b) of Regulation S, as applicable,

 

(4)           the
transaction is not part of a plan or scheme to evade the registration requirements of the Securities Act; and

 

(5)           the
transferee is an institution.

 

or
(ii) with respect to transfers made in reliance on Rule 144 under the Securities Act, the Transferor does hereby certify
that the Certificates are being transferred in a transaction permitted by Rule 144 under the Securities Act.**

 

We
understand that this certificate is required in connection with certain securities laws of the United States. In connection therewith,
if administrative or legal proceedings are commenced or threatened in connection with which this certificate is or would be relevant,
we irrevocably authorize you to produce this certificate to any interested party in such proceeding. This certificate and the
statements contained herein are made for your benefit and the benefit of the Depositor, Trustee, Operating Advisor, Asset Representations
Reviewer, Certificate Administrator, Master Servicer, Special Servicer, the Initial Purchasers and the Underwriters.

 

	 	[Insert Name of Transferor]
	 	 	 
	 	By:	        
	 	 	Name:
	 	 	Title:

 

Dated:
________

 

cc:
Citigroup Commercial Mortgage Securities Inc.

 

 

 

*
       Insert one of these two provisions, which come from the definition of “offshore
transaction” in Regulation S.

 

**
     Select (i) or (ii), as applicable.

 

    F-2

     

    

 

EXHIBIT
G

 

FORM
OF TRANSFER CERTIFICATE

FOR TEMPORARY REGULATION S GLOBAL CERTIFICATE 

TO RULE 144A GLOBAL CERTIFICATE DURING RESTRICTED PERIOD

 

(Exchange
or transfers pursuant to

Section 5.03(e) of the Pooling and Servicing Agreement)

 

Computershare
Trust Company, National Association,

as
Certificate Registrar

600
South 4th Street, 7th Floor

Minneapolis, Minnesota 55415

Attention: CTS - Certificate Transfer Services - Benchmark 2022-B35

 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35,
                                         Class [__]	 

 

Reference
is hereby made to the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”),
between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association, as Master Servicer and as Special
Servicer, Park Bridge Lender Services LLC, as Operating Advisor and as Asset Representations Reviewer, Computershare Trust Company,
National Association, as Certificate Administrator, and Wilmington Trust, National Association, as Trustee. Capitalized terms
used but not defined herein shall have the meanings given to them in the Pooling and Servicing Agreement.

 

This
letter relates to US $[______] aggregate [Certificate Balance] [Notional Amount] of the Class [__] Certificates (the “Certificates”)
which are held in the form of a beneficial interest in the Temporary Regulation S Global Certificate of such Class (CINS
No. [______] and ISIN No. [______]) with [Euroclear] [Clearstream]* (Common Code [______]) through the Depository in
the name of [insert name of transferor] (the “Transferor”). The Transferor has requested an exchange or transfer
of such beneficial interest for a beneficial interest in the Rule 144A Global Certificate of such Class (CUSIP No. [______]).

 

In
connection with such request, and in respect of such Certificates, the Transferor does hereby certify that such Certificates are
being exchanged or transferred in accordance with Rule 144A (“Rule 144A”) under the Securities Act
of 1933, as amended (the “Securities Act”), to a transferee that the Transferor reasonably believes is purchasing
the Certificates for its own account, or for one or more accounts with respect to which the transferee exercises sole investment
discretion, and the transferee and any such account is a “qualified institutional buyer” within the meaning of Rule 144A
in each case in a transaction meeting the requirements of

 

 

 

*
       Select appropriate depository.

 

    G-1

     

    

 

Rule 144A and in accordance with any applicable securities laws
of any state of the United States or other applicable jurisdiction.

 

We
understand that this certificate is required in connection with certain securities laws of the United States. In connection therewith,
if administrative or legal proceedings are commenced or threatened in connection with which this certificate is or would be relevant,
we irrevocably authorize you to produce this certificate to any interested party in such proceeding. This certificate and the
statements contained herein are made for your benefit and the benefit of the Depositor, Trustee, Operating Advisor, Asset Representations
Reviewer, Certificate Administrator, Master Servicer, Special Servicer, the Initial Purchasers and the Underwriters.

 

	 	[Insert Name of Transferor]
	 	 	 
	 	By:	        
	 	 	Name:
	 	 	Title:

 

Dated:
_______

 

cc:
Citigroup Commercial Mortgage Securities Inc.

 

    G-2

     

    

 

EXHIBIT
H

 

FORM
OF CERTIFICATION TO BE GIVEN BY

CERTIFICATE OWNER OF TEMPORARY

REGULATION S GLOBAL CERTIFICATE

 

(Exchanges
pursuant to

Section 5.03(f) of the Pooling and Servicing Agreement)

 

Computershare
Trust Company, National Association,

as
Certificate Registrar

600
South 4th Street, 7th Floor

Minneapolis, Minnesota 55415

Attention: CTS - Certificate Transfer Services - Benchmark 2022-B35

 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35,
                                         Class [__]	 

 

Reference
is hereby made to the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”),
between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association, as Master Servicer and as Special
Servicer, Park Bridge Lender Services LLC, as Operating Advisor and as Asset Representations Reviewer, Computershare Trust Company,
National Association, as Certificate Administrator, and Wilmington Trust, National Association, as Trustee. Capitalized terms
used but not defined herein shall have the meanings given to them in the Pooling and Servicing Agreement.

 

[For
purposes of acquiring a beneficial interest in a Regulation S Global Certificate of the Class specified above after the expiration
of the Restricted Period,] [For purposes of receiving payments under a Temporary Regulation S Global Certificate of the Class
specified above,]* the undersigned holder of a beneficial interest in a Temporary Regulation S Global Certificate
of the Class specified above issued under the Pooling and Servicing Agreement certifies that it is an institution that is not
a “U.S. person” as defined by Regulation S under the Securities Act of 1933, as amended.

 

We
undertake to advise you promptly by facsimile on or prior to the date on which you intend to submit your corresponding certification
relating to the Certificates of the Class specified above held by you for our account if any applicable statement herein is not
correct on such date, and in the absence of any such notification it may be assumed that this certification applies as of such
date.

 

 

 

*
       Select, as applicable.

 

    H-1

     

    

 

We
understand that this certificate is required in connection with certain securities laws of the United States. In connection therewith,
if administrative or legal proceedings are commenced or threatened in connection with which this certificate is or would be relevant,
we irrevocably authorize you to produce this certificate to any interested party in such proceeding. This certificate and the
statements contained herein are made for your benefit and the benefit of the Depositor, Trustee, Operating Advisor, Asset Representations
Reviewer, Certificate Administrator, Master Servicer, Special Servicer, the Initial Purchasers and the Underwriters.

 

		Dated:	 	 

		By:	              
	 	 	as,
                                         or as agent for, the holder of a beneficial interest in the Certificates to which this
                                         certificate relates.

 

    H-2

     

    

 

EXHIBIT
I

 

FORM
OF TRANSFER CERTIFICATE 

FOR NON-BOOK ENTRY CERTIFICATE 

TO TEMPORARY REGULATION S GLOBAL CERTIFICATE

 

(Exchanges
or transfers pursuant to

Section 5.03(g) of the Pooling and Servicing Agreement)

 

Computershare
Trust Company, National Association,

as
Certificate Registrar

600
South 4th Street, 7th Floor

Minneapolis, Minnesota 55415

Attention: CTS - Certificate Transfer Services - Benchmark 2022-B35

 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35,
                                         Class [__]	 

 

Reference
is hereby made to the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”),
between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association, as Master Servicer and as Special
Servicer, Park Bridge Lender Services LLC, as Operating Advisor and as Asset Representations Reviewer, Computershare Trust Company,
National Association, as Certificate Administrator, and Wilmington Trust, National Association, as Trustee. Capitalized terms
used but not defined herein shall have the meanings given to them in the Pooling and Servicing Agreement.

 

This
letter relates to US $[______] aggregate [Certificate Balance] [Notional Amount] of the Class [__] Certificates (the “Certificates”)
which are held in the form of Non-Book Entry Certificates of such Class (CUSIP No. [______]) in the name of [insert name of Transferor]
(the “Transferor”). The Transferor has requested an exchange or transfer of such Non-Book Entry Certificates
for a beneficial interest in the Temporary Regulation S Global Certificate of such Class (CINS No. [______] and ISIN No. [______])
to be held with [Euroclear] [Clearstream]* (Common Code [______]) through the Depository.

 

In
connection with such request, and in respect of such Certificates, the Transferor does hereby certify that such exchange or transfer
has been made in compliance with the transfer restrictions set forth in the Pooling and Servicing Agreement and pursuant to and
in accordance with Regulation S (“Regulation S”) under the Securities Act of 1933, as amended (the
“Securities Act”), and accordingly the Transferor does hereby certify that:

 

 

 

*
       Select appropriate depository.

 

    I-1

     

    

 

(1)           the
offer of the Certificates was not made to a person in the “United States” (as defined in Regulation S);

 

[(2)          at
the time the buy order was originated, the transferee was outside the United States or the Transferor and any person acting on
its behalf reasonably believed and believes that the transferee was outside the United States;]**

 

[(2)          the
transaction was executed in, on or through the facilities of a “designated offshore securities market” (as defined
in Regulation S) and neither the Transferor nor any person acting on its behalf knows that the transaction was pre-arranged with
a buyer in the United States;] **

 

(3)           no
“directed selling efforts” (as defined in Regulation S) have been made in contravention of the requirements of Rule 903(b)
or 904(b) of Regulation S, as applicable;

 

(4)           the
transaction is not part of a plan or scheme to evade the registration requirements of the Securities Act; and

 

(5)           the
transferee is an institution.

 

We
understand that this certificate is required in connection with certain securities laws of the United States. In connection therewith,
if administrative or legal proceedings are commenced or threatened in connection with which this certificate is or would be relevant,
we irrevocably authorize you to produce this certificate to any interested party in such proceeding. This certificate and the
statements contained herein are made for your benefit and the benefit of the Depositor, Trustee, Operating Advisor, Asset Representations
Reviewer, Certificate Administrator, Master Servicer, Special Servicer, the Initial Purchasers and the Underwriters.

 

	 	[Insert Name of Transferor]
	 	 	 
	 	By:	        
	 	 	Name:
	 	 	Title:

  

Dated:
________

 

cc:
Citigroup Commercial Mortgage Securities Inc.

 

 

 

**
       Insert one of these two provisions, which come from the definition of “offshore
transaction” in Regulation S.

 

    I-2

     

    

 

EXHIBIT
J

 

FORM
OF TRANSFER CERTIFICATE 

FOR NON-BOOK ENTRY CERTIFICATE 

TO REGULATION S GLOBAL CERTIFICATE

 

(Exchange
or transfers pursuant to

Section 5.03(g) of the Pooling and Servicing Agreement)

 

Computershare
Trust Company, National Association,

as
Certificate Registrar

600
South 4th Street, 7th Floor

Minneapolis, Minnesota 55415

Attention: CTS - Certificate Transfer Services - Benchmark 2022-B35

 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35,
                                         Class [__]	 

 

Reference
is hereby made to the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”),
between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association, as Master Servicer and as Special
Servicer, Park Bridge Lender Services LLC, as Operating Advisor and as Asset Representations Reviewer, Computershare Trust Company,
National Association, as Certificate Administrator, and Wilmington Trust, National Association, as Trustee. Capitalized terms
used but not defined herein shall have the meanings given to them in the Pooling and Servicing Agreement.

 

This
letter relates to US $[______] aggregate [Certificate Balance] [Notional Amount] of the Class [__] Certificates (the “Certificates”)
which are held in the form of Non-Book Entry Certificates of such Class (CUSIP No. [______]) in the name of [insert name of Transferor]
(the “Transferor”). The Transferor has requested an exchange or transfer of such Non-Book Entry Certificates
for a beneficial interest in the Regulation S Global Certificate (CINS No. [______], ISIN No. [______], and Common Code No. [______]).

 

In
connection with such request, and in respect of such Certificates, the Transferor does hereby certify that such exchange or transfer
has been made in compliance with the transfer restrictions set forth in the Pooling and Servicing Agreement and pursuant to and
in accordance with Regulation S (“Regulation S”) under the Securities Act of 1933, as amended (the
“Securities Act”), and accordingly the Transferor does hereby certify that:

 

(1)           the
offer of the Certificates was not made to a person in the “United States” (as defined in Regulation S);

 

    J-1

     

    

 

[(2)          at
the time the buy order was originated, the transferee was outside the United States or the Transferor and any person acting on
its behalf reasonably believed and believes that the transferee was outside the United States;]*

 

[(2)          the
transaction was executed in, on or through the facilities of a “designated offshore securities market” (as defined
in Regulation S) and neither the Transferor nor any person acting on its behalf knows that the transaction was pre-arranged with
a buyer in the United States;] *

 

(3)            no
“directed selling efforts” (as defined in Regulation S) have been made in contravention of the requirements of Rule 903(b)
or 904(b) of Regulation S, as applicable;

 

(4)            the
transaction is not part of a plan or scheme to evade the registration requirements of the Securities Act; and

 

(5)            the
transferee is an institution.

 

We
understand that this certificate is required in connection with certain securities laws of the United States. In connection therewith,
if administrative or legal proceedings are commenced or threatened in connection with which this certificate is or would be relevant,
we irrevocably authorize you to produce this certificate to any interested party in such proceeding. This certificate and the
statements contained herein are made for your benefit and the benefit of the Depositor, Trustee, Operating Advisor, Asset Representations
Reviewer, Certificate Administrator, Master Servicer, Special Servicer, the Initial Purchasers and the Underwriters.

 

	 	[Insert Name of Transferor]
	 	 	 
	 	By:	        
	 	 	Name:
	 	 	Title:

  

Dated:
_______

 

cc:
Citigroup Commercial Mortgage Securities Inc.

 

 

 

*
       Insert one of these two provisions, which come from the definition of “offshore
transaction” in Regulation S.

 

    J-2

     

    

 

EXHIBIT
K

 

FORM
OF TRANSFER CERTIFICATE

FOR NON-BOOK ENTRY CERTIFICATE 

TO RULE 144A GLOBAL CERTIFICATE

 

(Exchange
or transfers pursuant to

Section 5.03(g) of the Pooling and Servicing Agreement)

 

Computershare
Trust Company, National Association,

as
Certificate Registrar

600
South 4th Street, 7th Floor

Minneapolis, Minnesota 55415

Attention: CTS - Certificate Transfer Services - Benchmark 2022-B35

 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35,
                                         Class [__]	 

 

Reference
is hereby made to the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”),
between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association, as Master Servicer and as Special
Servicer, Park Bridge Lender Services LLC, as Operating Advisor and as Asset Representations Reviewer, Computershare Trust Company,
National Association, as Certificate Administrator, and Wilmington Trust, National Association, as Trustee. Capitalized terms
used but not defined herein shall have the meanings given to them in the Pooling and Servicing Agreement.

 

This
letter relates to US $[______] aggregate [Certificate Balance] [Notional Amount] of the Class [__] Certificates (the “Certificates”)
which are held in the form of Non-Book Entry Certificates of such Class (CUSIP No. [______]) in the name of [insert name of transferor]
(the “Transferor”). The Transferor has requested an exchange or transfer of such beneficial interest for a
beneficial interest in the Rule 144A Global Certificate of such Class (CUSIP No. [______]).

 

In
connection with such request, and in respect of such Certificates, the Transferor does hereby certify that such Certificates are
being exchanged or transferred in accordance with Rule 144A (“Rule 144A”) under the Securities Act
of 1933, as amended (the “Securities Act”), to a transferee that the Transferor reasonably believes is purchasing
the Certificates for its own account, or for one or more accounts with respect to which the transferee exercises sole investment
discretion, and the transferee and any such account is a “qualified institutional buyer” within the meaning of Rule 144A,
in each case in a transaction meeting the requirements of Rule 144A and in accordance with any applicable securities laws
of any state of the United States or other applicable jurisdiction.

 

    K-1

     

    

 

We
understand that this certificate is required in connection with certain securities laws of the United States. In connection therewith,
if administrative or legal proceedings are commenced or threatened in connection with which this certificate is or would be relevant,
we irrevocably authorize you to produce this certificate to any interested party in such proceeding. This certificate and the
statements contained herein are made for your benefit and the benefit of the Depositor, Trustee, Operating Advisor, Asset Representations
Reviewer, Certificate Administrator, Master Servicer, Special Servicer, the Initial Purchasers and the Underwriters.

 

	 	[Insert Name of Transferor]
	 	 	 
	 	By:	        
	 	 	Name:
	 	 	Title:

  

Dated:
_______

 

cc:
Citigroup Commercial Mortgage Securities Inc.

 

    K-2

     

    

 

EXHIBIT
L-1

 

FORM
OF AFFIDAVIT PURSUANT TO

SECTIONS 860D(a)(6)(A) AND 860E(e)(4) OF

THE INTERNAL REVENUE CODE OF 1986, AS AMENDED

 

Computershare
Trust Company, National Association,

as
Certificate Registrar

600
South 4th Street, 7th Floor

Minneapolis, Minnesota 55415

Attention: CTS - Certificate Transfer Services - Benchmark 2022-B35

 

[Transferor]

[______]

[______]

Attention:
[______]

 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35
                                         (the “Certificates”) issued pursuant to the Pooling and Servicing
                                         Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”),
                                         between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National
                                         Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services
                                         LLC, as Operating Advisor and as Asset Representations Reviewer, Computershare Trust
                                         Company, National Association, as Certificate Administrator, and Wilmington Trust, National
                                         Association, as Trustee. 	 

 

	STATE OF	)
	 	)              ss.:
	COUNTY OF	)

 

Capitalized
terms not defined herein shall have the meaning ascribed to them in the Pooling and Servicing Agreement.

 

I,
[______], under penalties of perjury, declare that, to the best of my knowledge and belief, the following representations are
true, correct and complete, and being first sworn, depose and say that:

 

1.             I
am a [______] of [______] (the “Purchaser”), on behalf of which I have the authority to make this affidavit.

 

2.             The
Purchaser is acquiring Class R Certificates representing [__]% of the residual interest in each of the real estate mortgage investment
conduits (each, a “REMIC”) designated as the “Lower-Tier REMIC” and “Upper-Tier
REMIC”, respectively, relating to the

 

    L-1-1

     

    

 

Certificates for which an election is to be made under Section 860D of the
Internal Revenue Code of 1986 (the “Code”).

 

3.             The
Purchaser is not a “Disqualified Organization” (as defined below), and that the Purchaser is not acquiring
the Class R Certificates for the account of, or as agent or nominee of, or with a view to the transfer of direct or indirect record
or beneficial ownership thereof, to a Disqualified Organization. For the purposes hereof, a Disqualified Organization is any of
the following: (i) the United States, a State or any political subdivision of a State, any possession of the United States
or any agency or instrumentality of any of the foregoing (other than an instrumentality that is a corporation if all of its activities
are subject to tax and, except for the Federal Home Loan Mortgage Corporation, a majority of its board of directors is not selected
by any such governmental unit), (ii) a foreign government, International Organization or agency or instrumentality of either
of the foregoing, (iii) an organization that is exempt from tax imposed by Chapter 1 of the Code (including the tax imposed
by Code Section 511 on unrelated business taxable income) on any excess inclusions (as defined in Code Section 860E(c)(1)) with
respect to the Class R Certificates (except certain farmers’ cooperatives described in Code Section 521), (iv) rural
electric and telephone cooperatives described in Code Section 1381(a)(2) or (v) any other Person so designated by the Certificate
Registrar based upon an opinion of counsel to the effect that any transfer to such Person may cause either Trust REMIC to be subject
to tax or to fail to qualify as a REMIC at any time that the Certificates are outstanding. The terms “United States”,
“State” and “international organization” shall have the meanings set forth in Section 7701
of the Code.

 

4.             The
Purchaser acknowledges that Section 860E(e) of the Code would impose a substantial tax on the transferor or, in certain circumstances,
on an agent for the transferee, with respect to any transfer of any interest in any Class R Certificates to a Disqualified Organization.

 

5.             The
Purchaser is a Permitted Transferee. For the purpose hereof, a “Permitted Transferee” is any Person or agent
of such Person other than (a) a Disqualified Organization, (b) any other Person so designated by the Certificate Registrar who
is unable to provide an Opinion of Counsel (provided at the expense of such Person or the Person requesting the transfer) to the
effect that the transfer of an ownership interest in any Class R Certificate to such Person will not cause either Trust REMIC
to fail to qualify as a REMIC at any time that the Certificates are outstanding, (c) a Disqualified Non-U.S. Tax Person, (d) an
entity treated as a U.S. partnership if any of its partners, directly or indirectly (other than through a U.S. corporation) is
(or is permitted to be under the partnership agreement) a Disqualified Non-U.S. Tax Person or (e) a U.S. Tax Person with respect
to which income from a Class R Certificate is attributable to a foreign permanent establishment or fixed base, within the meaning
of an applicable income tax treaty, of the transferee or any other U.S. Tax Person.

 

6.             No
purpose of the acquisition of the Class R Certificates is to impede the assessment or collection of tax.

 

7.             The
Purchaser will not cause income from the Class R Certificate to be attributable to a foreign permanent establishment or fixed
base, within the meaning of an applicable income tax treaty, of the Purchaser or any other U.S. Tax Person.

 

    L-1-2

     

    

 

8.              Check
the applicable paragraph:

 

☐             The
present value of the anticipated tax liabilities associated with holding the Class R Certificate, as applicable, does not exceed
the sum of:

 

(i)             the
present value of any consideration given to the Purchaser to acquire such Class R Certificate;

 

(ii)            the
present value of the expected future distributions on such Class R Certificate; and

 

(iii)           the
present value of the anticipated tax savings associated with holding such Class R Certificate as the related REMIC generates losses.

 

For
purposes of this calculation, (i) the Purchaser is assumed to pay tax at the highest rate currently specified in Section 11(b)
of the Code (but the tax rate in Section 55(b)(1)(B) of the Code (as in effect for tax years beginning on or before
December 31, 2017) may be used in lieu of the highest rate specified in Section 11(b) of the Code if the Purchaser has been
subject to the alternative minimum tax under Section 55 of the Code in the preceding two years and will compute its taxable
income in the current taxable year using the alternative minimum tax rate) and (ii) present values are computed using a discount
rate equal to the short-term Federal rate prescribed by Section 1274(d) of the Code for the month of the transfer and the
compounding period used by the Purchaser.

 

☐            The
transfer of the Class R Certificate complies with U.S. Treasury Regulations Sections 1.860E-1(c)(5) and (6) and, accordingly,

 

(i)             the
Purchaser is an “eligible corporation”, as defined in U.S. Treasury Regulations Section 1.860E-1(c)(6)(i), as to which
income from the Class R Certificate will only be taxed in the United States;

 

(ii)            at
the time of the transfer, and at the close of the Purchaser’s two fiscal years preceding the year of the transfer, the Purchaser
had gross assets for financial reporting purposes (excluding any obligation of a Person related to the Purchaser within the meaning
of U.S. Treasury Regulations Section 1.860E-1(c)(6)(ii)) in excess of $100 million and net assets in excess of $10 million;

 

(iii)           the
Purchaser will transfer the Class R Certificate only to another “eligible corporation,” as defined in Treasury Regulations
Section 1.860E-1(c)(6)(i), in a transaction that satisfies the requirements of Treasury Regulations Sections 1.860E-1(c)(4)(i),
(ii) and (iii) and Treasury Regulations Section 1.860E-1(c)(5); and

 

(iv)           the
Purchaser determined the consideration paid to it to acquire the Class R Certificate based on reasonable market assumptions (including,
but not limited to, borrowing and investment rates, prepayment and loss assumptions, expense and reinvestment assumptions, tax
rates and other factors specific to the Purchaser) that it has determined in good faith.

 

☐             None
of the above.

 

    L-1-3

     

    

 

9.             The
Purchaser historically has paid its debts as they have come due and intends to pay its debts as they come due in the future and
the Purchaser intends to pay taxes associated with holding the Class R Certificates as they become due.

 

10.           The
Purchaser understands that it may incur tax liabilities with respect to the Class R Certificate in excess of any cash flows generated
by such Certificate.

 

11.           The
Purchaser is aware that the Certificate Registrar will not register any transfer of a Class R Certificate by the Transferor unless
the Purchaser, or such Purchaser’s agent, delivers to the Certificate Registrar, among other things, an affidavit and agreement
in substantially the same form as this affidavit and agreement. The Purchaser expressly agrees that it will not consummate any
such transfer to any Person that does not provide an affidavit and agreement in substantially the same form as this affidavit
and agreement or as to which the Purchaser has actual knowledge that such Person is not a Permitted Transferee or is acting as
an agent (including a broker, nominee or other middleman) for a Person that is not a Permitted Transferee.

 

12.           The
Purchaser represents that it is not acquiring the Class R Certificate as a nominee, trustee or agent for any Person that is not
a Permitted Transferee and that for so long as it retains its interest in the Class R Certificate, it will endeavor to remain
a Permitted Transferee.

 

13.           The
Purchaser consents to any additional restrictions or arrangements that shall be deemed necessary upon advice of counsel to constitute
a reasonable arrangement to ensure that the Class R Certificate will only be owned, directly or indirectly, by a Permitted Transferee.

 

14.           The
Purchaser has reviewed the provisions of Section 5.03 of the Pooling and Servicing Agreement, a description of which provisions
is set forth in the Class R Certificates; and the Purchaser expressly agrees to be bound by and to comply with such provisions.

 

15.           The
Purchaser consents (a) to the designation of the Certificate Administrator as the “partnership representative” within
the meaning of Code Section 6223 (to the extent such provision is applicable to the Trust REMICs) of each Trust REMIC pursuant
to Section 4.04(a) of the Pooling and Servicing Agreement and (b) to the Certificate Administrator making any elections allowed
to avoid (i) the application of Code Section 6221 to the Trust REMIC and (ii) payment by the Trust REMIC under Code Section 6225
of any tax, penalty, interest or other amount imposed under the Code that would otherwise be imposed on the holders of the Class
R Certificates.

 

Capitalized
terms used but not defined herein have the meanings assigned thereto in the Pooling and Servicing Agreement.

 

    L-1-4

     

    

 

IN
WITNESS WHEREOF, the Purchaser has caused this instrument to be duly executed on its behalf by its duly authorized officer this
___day of _________, 20__.

 

	 	By:	        
	 	 	Name:
	 	 	Title:

 

	 	By:	        
	 	 	Name:
	 	 	Title:

 

On
this ____ day of _______20__, before me, the undersigned, a Notary Public in and for the State of _______________, duly commissioned
and sworn, personally appeared ______________________ and ________________________, known or proved to me to be the same persons
who executed the foregoing instrument and to be _____________________________ and ___________________________, respectively, of
the Purchaser, and acknowledged to me that they executed the same as their respective free acts and deeds and as the free act
and deed of the Purchaser.

 

 

	 	NOTARY
    PUBLIC in and for the

    State of _______________

 

[SEAL]

 

My
Commission expires:

 

__________________

 

 

    L-1-5

     

    

 

EXHIBIT
L-2A

 

FORM
OF TRANSFEROR LETTER for transfer of class r certificates

 

[Date]

 

Computershare
Trust Company, National Association,

as
Certificate Registrar

600
South 4th Street, 7th Floor

Minneapolis, Minnesota 55415

Attention: CTS - Certificate Transfer Services - Benchmark 2022-B35

 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35,
                                         Class R	 

 

Ladies
and Gentlemen:

 

This
letter is delivered to you in connection with the transfer by [______] (the “Transferor”) to [______] (the
“Transferee”) of Class R Certificates evidencing a [__]% Percentage Interest in such Class (the “Residual
Certificates”). The Certificates, including the Residual Certificates, were issued pursuant to the Pooling and Servicing
Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage
Securities Inc., as Depositor, KeyBank National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services
LLC, as Operating Advisor and as Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate
Administrator, and Wilmington Trust, National Association, as Trustee. All capitalized terms used but not otherwise defined herein
shall have the respective meanings set forth in the Pooling and Servicing Agreement. The Transferor hereby certifies, represents
and warrants to you, as Certificate Registrar, that:

 

(1)           No
purpose of the Transferor relating to the transfer of the Residual Certificates by the Transferor to the Transferee is or will
be to impede the assessment or collection of any tax.

 

(2)           The
Transferor understands that the Transferee has delivered to you a Transfer Affidavit and Agreement in the form attached to the
Pooling and Servicing Agreement as Exhibit L-1. The Transferor has no actual knowledge that the Transferee is not a Permitted
Transferee (as defined in such Transfer Affidavit and Agreement) and has no actual knowledge or reason to know that the Transferee’s
representations in clause (9) of such Transfer Affidavit and Agreement are false.

 

(3)           The
Transferor has at the time of this transfer conducted a reasonable investigation of the financial condition of the Transferee
as contemplated by Treasury regulation Section 1.860E-1(c)(4)(i) and, as a result of that investigation, the Transferor
has determined that the Transferee has historically paid its debts as they became due and has found no significant evidence to
indicate that the Transferee will not continue to pay its debts as they become due in

 

    L-2A-1

     

    

 

the future. The Transferor understands that
the transfer of the Residual Certificates may not be respected for United States income tax purposes (and the Transferor may continue
to be liable for United States income taxes associated therewith) unless the Transferor has conducted such an investigation.

 

	 	Very truly yours, 
	 	 
	 	 	(Transferor)
	 	 
	 	By:	                               
	 	 	Name:
	 	 	Title:

 

    L-2A-2

     

    

 

EXHIBIT
L-2B

 

FORM
OF TRANSFEROR LETTER FOR TRANSFER OF NON-BOOK ENTRY 

CERTIFICATES (OTHER THAN PUBLIC CERTIFICATES)

 

[Date]

 

Computershare
Trust Company, National Association,

as
Certificate Registrar

600
South 4th Street, 7th Floor

Minneapolis, Minnesota 55415

Attention: CTS - Certificate Transfer Services - Benchmark 2022-B35

 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35,
                                         Class [__]	 

 

Ladies
and Gentlemen:

 

This
letter is delivered to you in connection with the transfer by [______] (the “Transferor”) to [______] (the
“Transferee”) of [$[______] aggregate [principal balance][notional amount]][[__]% Percentage Interest] of the
Class [___] Certificates (the “Transferred Certificate”) which are held in the form of [a beneficial interest
in the [Rule 144A][Regulation S] Global Certificate][Non-Book Entry Certificate] of such Class (CUSIP No. [______]). The
Transferor has requested a transfer of such [beneficial interest][Non-Book Entry Certificate] for a Non-Book Entry Certificate
of such Class (CUSIP No. [______]). The Certificates, including the Transferred Certificate, were issued pursuant to the Pooling
and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Citigroup
Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association, as Master Servicer and as Special Servicer, Park
Bridge Lender Services LLC, as Operating Advisor and as Asset Representations Reviewer, Computershare Trust Company, National
Association, as Certificate Administrator, and Wilmington Trust, National Association, as Trustee. Capitalized terms used but
not defined herein shall have the meanings given to them in the Pooling and Servicing Agreement. The Transferor hereby certifies,
represents and warrants to you, as Certificate Registrar, that:

 

(1)           The
Transferor is the lawful owner of the Transferred Certificate with the full right to transfer such Certificate free from any and
all claims and encumbrances whatsoever.

 

(2)           Neither
the Transferor nor anyone acting on its behalf has (a) offered, transferred, pledged, sold or otherwise disposed of any Certificate,
any interest in any Certificate or any other similar security to any person in any manner, (b) solicited any offer to buy
or accept a transfer, pledge or other disposition of any Certificate, any interest in any Certificate or any other similar security
from any person in any manner, (c) otherwise approached or negotiated with respect to any Certificate, any interest in any
Certificate or any other similar security with any person in any manner, (d) made any general solicitation by means of general
advertising or in any other manner, or (e) taken any other action, which (in the case of any of the acts described

 

    L-2B-1

     

    

 

in clauses
(a) through (e) hereof) would constitute a distribution of any Certificate under the Securities Act of 1933, as amended (the
“Securities Act”), or would render the disposition of any Certificate a violation of Section 5 of the Securities
Act or any state securities laws, or would require registration or qualification of any Certificate, or any offer or sale thereof,
pursuant to the Securities Act or any state securities laws.

 

	 	Very truly yours, 
	 	 
	 	 	(Transferor)
	 	 
	 	By:	                                  
	 	 	Name:
	 	 	Title:

 

    L-2B-2

     

    

 

EXHIBIT
L-3

 

FORM
OF TRANSFEREE LETTER

 

[Date]

 

	Computershare
                                         Trust Company, National Association,

                                                                     as
                                         Certificate Registrar

                                                                     600
                                         South 4th Street, 7th Floor

                                         Minneapolis, Minnesota 55415

                                         Attention: CTS - Certificate Transfer Services - Benchmark
                                         2022-B35

        	Citigroup
                                         Commercial Mortgage Securities Inc.

        388
        Greenwich Street, 6th Floor

        New York, New York 10013

        Attention: Richard Simpson

        Telecopy
        number: (646) 328-2943

        E-mail:
        richard.simpson@citi.com 

        
	 	 
	Computershare
                                         Trust Company, National Association,

        as
        Certificate Administrator

        9062
        Old Annapolis Road

        Columbia,
        Maryland 21045

        Attention:
        Corporate Trust Services – Benchmark 2022-B35

        	Citigroup
                                         Commercial Mortgage Securities Inc.

        390
        Greenwich Street, 5th Floor

        New
        York, New York 10013

        Attention:
        Raul Orozco

        Telecopy
        number: (347) 394-0898

        E-mail:
        raul.d.orozco@citi.com

        
	 	 
	Wilmington
                                         Trust, National Association,

        as
        Trustee

        1100
        North Market Street

        Wilmington,
        Delaware 19890

        Attention:
        CMBS Trustee – Benchmark 2022-B35

        	Citigroup
                                         Commercial Mortgage Securities Inc.

        388
        Greenwich Street, 17th Floor

        New
        York, New York 10013

        Attention:
        Ryan M. O’Connor

        Telecopy
        number: (646) 862-8988

        E-mail:
        ryan.m.oconnor@citi.com

        

 

[Transferor] 

[______]

[______]

Attention:
[______]

 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35	 

 

Ladies
and Gentlemen:

 

The
undersigned (the “Purchaser”) proposes to purchase [[$_____________ initial aggregate [principal amount] [notional
amount]] [_____% Percentage Interest] of Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series
2022-B35, Class [_], CUSIP No. [____], in certificated fully registered form (such registered

 

    L-3-1

     

    

 

interest, the “Certificate”),]
[$________ Uncertificated VRR Interest Portion Balance of the Uncertificated VRR-[__] Interest] issued pursuant to that certain
Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Citigroup
Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association, as Master Servicer and as Special Servicer, Park
Bridge Lender Services LLC, as Operating Advisor and as Asset Representations Reviewer, Computershare Trust Company, National
Association, as Certificate Administrator, and Wilmington Trust, National Association, as Trustee. Capitalized terms used and
not otherwise defined herein have the respective meanings ascribed to such terms in the Pooling and Servicing Agreement.

 

[FOR
TRANSFERS OF CLASS X-G, CLASS X-H, Class X-J, CLASS F, CLASS G, CLASS H or CLASS J] CERTIFICATES: In connection with such transfer,
the Purchaser hereby represents and warrants to you that the Purchaser (A) either (i) is not and will not be an employee benefit
plan or other plan subject to the fiduciary responsibility or prohibited transaction provisions of the Employee Retirement Income
Security Act of 1974, as amended (“ERISA”) or section 4975 of the Internal Revenue Code of 1986, as amended
(the “Code”, and any such employee benefit plan or other plan, a “Plan”) or an entity or
collective investment fund the assets of which are considered Plan assets under U.S. Department of Labor Reg. Section 2510.3-101,
as modified by Section 3(42) of ERISA, or other person acting on behalf of any such Plan or using assets of any such Plan within
the meaning of U.S. Department of Labor Reg. Section 2510.3-101, or (ii) (1) is an insurance company, (2) the source of funds
used to acquire or hold the Certificate or an interest therein is an “insurance company general account,” as such
term is defined in Prohibited Transaction Class Exemption (“PTCE”) 95-60 and (3) the conditions in Sections
I and III of PTCE 95-60 have been satisfied and (B) is not and will not be a governmental plan (as defined in Section 3(32) of
ERISA) or other plan subject to any federal, state or local law that is, to a material extent, similar to the fiduciary responsibility
or prohibited transaction provisions of ERISA or Code Section 4975 (“Similar Law”) or any Person acting on
behalf of any such governmental plan or other plan or using the assets of such governmental plan or other plan to acquire the
Certificate unless its acquisition, holding and disposition of the Certificate would not constitute or otherwise result in a non-exempt
violation of Similar Law.]

 

[FOR
TRANSFERS OF CLASS VRR CERTIFICATES: In connection with such transfer, the Purchaser hereby represents and warrants to you that
(A) either (i) the Purchaser is not and will not be an employee benefit plan or other plan subject to the fiduciary responsibility
or prohibited transaction provisions of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”)
or section 4975 of the Internal Revenue Code of 1986, as amended (the “Code”, and any such employee benefit
plan or other plan, a “Plan”) or an entity or collective investment fund the assets of which are considered
Plan assets under U.S. Department of Labor Reg. Section 2510.3-101, as modified by Section 3(42) of ERISA, or other person acting
on behalf of any such Plan or using assets of any such Plan within the meaning of U.S. Department of Labor Reg. Section 2510.3-101,
or (ii) (1) the Certificate is acquired by the Purchaser through Citigroup Global Markets Inc., Goldman Sachs & Co. LLC,
J.P. Morgan Securities LLC or Deutsche Bank Securities Inc., (2) the Purchaser is an insurance company, (3) the source of funds
used to acquire or hold the Certificate or an interest therein is an “insurance company general account,” as such
term is defined in Prohibited Transaction Class Exemption (“PTCE”) 95-60 and (4) the conditions in Sections
I and III of PTCE 95-60 have been satisfied and (B) the Purchaser is not and will not be a governmental plan (as defined in Section
3(32) of ERISA) or

 

    L-3-2

     

    

 

 other plan subject to any federal, state or local law that is, to a material extent, similar to the fiduciary
responsibility or prohibited transaction provisions of ERISA or Code Section 4975 (“Similar Law”) or any Person
acting on behalf of any such governmental plan or other plan or using the assets of such governmental plan or other plan to acquire
the Certificate unless its acquisition, holding and disposition of the Certificate would not constitute or otherwise result in
a non-exempt violation of Similar Law.]

 

[FOR
TRANSFERS OF CLASS R or class s CERTIFICATES OR AN UNCERTIFICATED VRR INTEREST PORTION:
In connection with such transfer, the Purchaser hereby represents and warrants to you that the Purchaser (A) is not and will not
be an employee benefit plan or other plan subject to the fiduciary responsibility or prohibited transaction provisions of the
Employee Retirement Income Security Act of 1974, as amended (“ERISA”) or section 4975 of the Internal Revenue
Code of 1986, as amended (the “Code”, and any such employee benefit plan or other plan, a “Plan”)
or an entity or collective investment fund the assets of which are considered Plan assets under U.S. Department of Labor Reg.
Section 2510.3-101, as modified by Section 3(42) of ERISA (including an insurance company that is using the assets of separate
accounts or general accounts which include assets of Plans (or which are deemed pursuant to ERISA or Similar Law to include assets
of Plans)), or other person acting on behalf of any such Plan or using assets of any such Plan and (B) is not and will not be
a governmental plan or other plan subject to any federal, state or local law that is, to a material extent, similar to the fiduciary
responsibility or prohibited transaction provisions of ERISA or Code Section 4975 (“Similar Law”) or any Person
acting on behalf of any such governmental plan or other plan or using the assets of such governmental plan to acquire the [Certificate][Uncertificated
VRR Interest Portion].]

 

[FOR
TRANSFERS OF CLASS R CERTIFICATES: The Purchaser hereby represents and warrants to you that the Purchaser is a “qualified
institutional buyer” within the meaning of Rule 144A under the Securities Act of 1933, as amended.]

 

[FOR
TRANSFERS OF CLASS S CERTIFICATES: The Purchaser hereby represents and warrants to you that the Purchaser is (1) a “qualified
institutional buyer” within the meaning of Rule 144A under the Securities Act of 1933, as amended, or (2) an entity that
qualifies as an “accredited investor” within the meaning of Rule 501(a) (1), (2), (3) or (7) of Regulation
D under the Securities Act of 1933, as amended, or an entity in which all of the equity owners qualify as “accredited investors”
within the meaning of Rule 501(a) (1), (2), (3) or (7) of Regulation D under the Securities Act of 1933, as amended.]

 

    L-3-3

     

    

 

IN
WITNESS WHEREOF, the Purchaser hereby executes this Representation Letter on the ___ day of _____, ____.

 

	 	Very truly yours, 
	 	 
	 	[The Purchaser]
	 	 
	 	By:	        
	 	 	Name:
	 	 	Title:

  

    L-3-4

     

    

 

EXHIBIT
L-4

 

FORM
OF INVESTMENT REPRESENTATION LETTER

 

[Date]

 

	Computershare
                                         Trust Company, National Association,

        as
        Certificate Registrar

        600
        South 4th Street, 7th Floor

        Minneapolis, Minnesota 55415

        Attention: CTS - Certificate Transfer Services - Benchmark 2022-B35

        	Citigroup
                                         Commercial Mortgage Securities Inc.

        388
        Greenwich Street, 6th Floor

        New York, New York 10013

        Attention: Richard Simpson

        Telecopy
        number: (646) 328-2943

        E-mail:
        richard.simpson@citi.com

        
	 	 
	Computershare
                                         Trust Company, National Association,

        as
        Certificate Administrator

        9062
        Old Annapolis Road

        Columbia,
        Maryland 21045

        Attention:
        Corporate Trust Services – Benchmark 2022-B35

        	Citigroup
                                         Commercial Mortgage Securities Inc.

        390
        Greenwich Street, 5th Floor

        New
        York, New York 10013

        Attention:
        Raul Orozco

        Telecopy
        number: (347) 394-0898

        E-mail:
        raul.d.orozco@citi.com

        
	 	 
	Wilmington
                                         Trust, National Association,

        as
        Trustee

        1100
        North Market Street

        Wilmington,
        Delaware 19890

        Attention:
        CMBS Trustee – Benchmark 2022-B35

        	Citigroup
                                         Commercial Mortgage Securities Inc.

        388
        Greenwich Street, 17th Floor

        New
        York, New York 10013

        Attention:
        Ryan M. O’Connor

        Telecopy
        number: (646) 862-8988

        E-mail:
        ryan.m.oconnor@citi.com

        
	 	 
	[Name
                                         of Seller]

        [______]

        [______]

        [Attention:
        ______]

        	 

 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35,
                                         Class [__] (the “Class [__] Certificates”)	 

 

Ladies
and Gentlemen:

 

This
letter is delivered pursuant to Section 5.03 of the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling
and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as depositor, KeyBank National Association,
as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating

 

    L-4-1

     

    

 

Advisor and as Asset Representations
Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington Trust, National Association,
as Trustee, on behalf of the holders of Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series
2022-B35 (the “Certificates”), in connection with the transfer by [             ]
(the “Seller”) to the undersigned (the “Purchaser”) of [$______ aggregate [principal balance]
[notional amount] of Class [___] Certificates] [a Class [___] Certificate representing a ___% Percentage Interest in the related
Class], in certificated fully registered form (such registered interest, the “Transferred Certificate”). Capitalized
terms used but not defined herein shall have the meanings ascribed thereto in the Pooling and Servicing Agreement.

 

In
connection with such transfer, the undersigned hereby represents and warrants to you as follows:

 

1.             Check
one of the following:1

 

☐            The
Purchaser is an “institutional accredited investor” (an “Institutional Accredited Investor”) (i.e. an
entity meeting, or in which all of the equity owners meet, the requirements of Rule 501(a)(1), (2), (3) or (7) of Regulation D
promulgated under the Securities Act of 1933, as amended (the “Securities Act”)), and has such knowledge and
experience in financial and business matters as to be capable of evaluating the merits and risks of the investment in the Transferred
Certificate, and the Purchaser and any accounts for which the Purchaser is acting are each able to bear the economic risk of our
or its investment. The Purchaser is acquiring the Transferred Certificate for its own account or for one or more accounts (each
of which is an Institutional Accredited Investor) as to each of which the Purchaser exercises sole investment discretion. The
Purchaser hereby undertakes to reimburse the Trust for any costs incurred by it in connection with this transfer.

 

☐
          The Purchaser is a “qualified institutional buyer”
(a “QIB”) within the meaning of Rule 144A (“Rule 144A”) under the Securities Act, and has
completed one of the forms of certification to that effect attached hereto as Annex 1 and Annex 2. The Purchaser is acquiring
the Transferred Certificate for its own account, or for the account of another QIB. The Purchaser is aware that the transfer is
being made in reliance on Rule 144A, and the Purchaser has had the opportunity to obtain the information required to be provided
pursuant to paragraph (d)(4)(i) of Rule 144A. The Purchaser hereby undertakes to reimburse the Trust for any costs incurred by
it in connection with this transfer.

 

2.             The
Purchaser’s intention is to acquire the Transferred Certificate (a) for investment for the Purchaser’s own account
or (b) for resale to (i) “qualified institutional buyers” in transactions complying with Rule 144A[,FOR TRANSFERS
OF ANY CERTIFICATES OTHER THAN CLASS R: or (ii) Institutional Accredited Investors under the Securities Act, pursuant to any other
exemption from the registration requirements of the Securities Act, subject in the case of this clause (ii) to (A) the receipt
by the Certificate Registrar of a letter substantially in the form hereof, (B) the receipt by the Certificate Registrar of
an opinion of counsel

 

 

 

1
Any Purchaser of Class R Certificates must check the box that it is a QIB. Only QIBs may acquire a Class R Certificate.

 

    L-4-2

     

    

 

 acceptable to the Certificate Registrar that such reoffer, resale, pledge or transfer is in compliance with
the Securities Act, (C) the receipt by the Certificate Registrar of such other evidence acceptable to the Certificate Registrar
that such reoffer, resale, pledge or transfer is in compliance with the Securities Act and other applicable laws (including applicable
state and foreign securities laws), and (D) a written undertaking to reimburse the Trust for any costs incurred by it in
connection with the proposed transfer.] It understands that the Transferred Certificate (and any subsequent Non-Book Entry Certificate)
has not been registered under the Securities Act, by reason of a specified exemption from the registration provisions of the Securities
Act which depends upon, among other things, the bona fide nature of the Purchaser’s investment intent (or intent to resell
to only certain investors in certain exempted transactions) as expressed herein.

 

3.             The
Purchaser acknowledges that the Transferred Certificate (and any Certificate issued on transfer or exchange thereof) has not been
registered or qualified under the Securities Act or the securities laws of any State or any other jurisdiction, and that the Transferred
Certificate cannot be reoffered, resold, pledged or otherwise transferred unless it is registered or qualified thereunder or unless
an exemption from such registration or qualification is available.

 

4.             The
Purchaser has reviewed the applicable Offering Circular dated May 4, 2022, relating to the Private Certificates (the “Offering
Circular”) and the agreements and other materials referred to therein and has had the opportunity to ask questions and
receive answers concerning the terms and conditions of the transactions contemplated by the Offering Circular.

 

5.             The
Purchaser hereby undertakes to be bound by the terms and conditions of the Pooling and Servicing Agreement in its capacity as
an owner of a Non-Book Entry Certificate or Certificates, as the case may be (each, a “Certificateholder”),
in all respects as if it were a signatory thereto. This undertaking is made for the benefit of the Trust, the Certificate Registrar
and all Certificateholders present and future.

 

6.             The
Purchaser will not sell or otherwise transfer any portion of the Transferred Certificate, except in compliance with Section 5.03
of the Pooling and Servicing Agreement.

 

7.             Check
one of the following:

 

☐            The
Purchaser is a “U.S. Tax Person” and it [will provide by electronic mail]2[has attached hereto]3
an Internal Revenue Service (“IRS”) Form W-9 (or successor form).

 

☐            The
Purchaser is not a “U.S. Tax Person” and under applicable law in effect on the date hereof, no taxes will be required
to be withheld by the Certificate Administrator (or its agent) with respect to Distributions to be made on the Transferred

 

 

2
Applicable in the case of a transfer on the Closing Date

 

3
Applicable in the case of a transfer subsequent to the Closing Date

 

    L-4-3

     

    

 

Certificate(s).
The Purchaser [will provide by electronic mail]4[has attached hereto]5 (i) a duly executed IRS Form
W-8BEN or W-8 BEN-E, as applicable (or successor form), which identifies such Purchaser as the beneficial owner of the Transferred
Certificate(s) and states that such Purchaser is not a U.S. Person, (ii) two duly executed copies of IRS Form W-8IMY (and all
appropriate attachment) or (iii) two duly executed copies of IRS Form W-8ECI (or successor form), which identify such Purchaser
as the beneficial owner of the Transferred Certificate(s) and state that interest and original issue discount on the Transferred
Certificate(s) is, or is expected to be, effectively connected with a U.S. trade or business. The Purchaser agrees to provide
to the Certificate Administrator an updated IRS Form W-8BEN, IRS Form W-8 BEN-E, IRS Form W-8IMY or IRS Form W-8ECI, as the case
may be, any applicable successor IRS forms, or such other certifications as the Certificate Administrator may reasonably request,
on or before the date that any such IRS form or certification expires or becomes obsolete, or promptly after the occurrence of
any event requiring a change in the most recent IRS form of certification furnished by it to the Certificate Administrator.

 

For
the purposes of this paragraph 7, “U.S. Tax Person” means a citizen or resident of the United States, a corporation,
partnership (except to the extent provided in applicable Treasury Regulations), or other entity created or organized in or under
the laws of the United States, any state thereof or the District of Columbia, including any entity treated as a corporation or
partnership for federal income tax purposes, an estate whose income is subject to United States federal income tax regardless
of its source, or a trust if a court within the United States is able to exercise primary supervision over the administration
of such trust, and one or more such U.S. Tax Persons have the authority to control all substantial decisions of such trust (or,
to the extent provided in applicable Treasury Regulations, certain trusts in existence on August 20, 1996 that have elected to
be treated as U.S. Tax Persons).

 

[8.            The
Transferee agrees to provide the applicable executed IRS form(s) referred to in paragraph 7 above, its payment instructions and
its mailing address to the Certificate Administrator by electronic mail to Anna.Lopez@Computershare.com.]6

 

[8.            Please
make all payments due on the Transferred Certificate:**

 

(a)            by
wire transfer to the following account at a bank or entity in New York, New York, having appropriate facilities therefor:

 

	Account number:	 	 

	Institution:	 	 

 

 

4 Applicable in the
case of a transfer on the Closing Date

 

5
Applicable in the case of a transfer subsequent to the Closing Date

 

6
Applicable in the case of a transfer on the Closing Date 

 

**       Please
select (a) or (b).

 

    L-4-4

     

    

 

(b)           by
mailing a check or draft to the following address:

 

	 	 	 

 

	 	 	 

 

The
mailing address of the Purchaser is:

 

	 	 	 

 

	 	 	]7

  

[9. The
Class [__] Certificates registered in the name of the Purchaser should be delivered to:

 

	 	 	 

 

	 	 	 

 

	 	 	]8

  

 

7
Applicable in the case of a transfer subsequent to the Closing Date.

 

8
Not applicable to a Risk Retention Certificate held in the Retained Interest Safekeeping Account by the Certificate Administrator

 

    L-4-5

     

    

 

	 	Very truly yours, 
	 	 
	 	[Insert Name of Purchaser]
	 	 
	 	By:	        
	 	 	Name:
	 	 	Title:

 

Dated:
________________, 20__

 

    L-4-6

     

    

 

ANNEX
1

QUALIFIED INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A

 

[for
Purchasers other than Registered Investment Companies]

 

The
undersigned hereby certifies as follows to [Name of Seller] (the “Seller”) [, Citigroup Commercial Mortgage
Securities Inc.]9 and Computershare Trust Company, National Association, as Certificate
Registrar, with respect to the commercial mortgage pass-through certificate being transferred (the “Transferred Certificate”)
as described in the Investment Representation Letter to which this certification relates and to which this certification is an
Annex:

 

1.           As
indicated below, the undersigned is the chief financial officer, a person fulfilling an equivalent function, or other executive
officer of the entity purchasing the Transferred Certificate (the “Purchaser”).

 

2.           The
Purchaser is a “qualified institutional buyer” as that term is defined in Rule 144A under the Securities Act of 1933,
as amended (“Rule 144A”) because (i) the Purchaser owned and/or invested on a discretionary basis at least
$______________________10 in securities (other than the excluded securities referred
to below) as of [[_____] (specific date since the close of the Purchaser’s most recent fiscal year)][the end of the Purchaser’s
most recent fiscal year] (such amount being calculated in accordance with Rule 144A) and (ii) the Purchaser satisfies the
criteria in the category marked below.

 

		___	Corporation,
                                         etc. The Purchaser is a corporation (other than a bank, savings and loan association
                                         or similar institution), Massachusetts or similar business trust, partnership, limited
                                         liability company, or any organization described in Section 501(c)(3) of the Internal
                                         Revenue Code of 1986, as amended.

 

		___	Bank.
                                         The Purchaser (a) is a national bank or a banking institution organized under the
                                         laws of any State, U.S. territory or the District of Columbia, the business of which
                                         is substantially confined to banking and is supervised by the State or territorial banking
                                         commission or similar official or is a foreign bank or equivalent institution, and (b) has
                                         an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial
                                         statements, a copy of which is attached hereto, as of a date not more than 16 months
                                         preceding the date of sale of the Transferred Certificate in the case of a U.S. bank,
                                         and not more than 18 months preceding such date of sale for a foreign bank or equivalent
                                         institution.

 

 

 

9
Delete if the Seller is Citigroup Commercial Mortgage Securities Inc.

 

10
Purchaser must own and/or invest on a discretionary basis at least $100,000,000 in securities unless Purchaser is a dealer,
and, in that case, Purchaser must own and/or invest on a discretionary basis at least $10,000,000 in securities.

 

    Annex-1-1

     

    

 

		___	Savings
                                         and Loan. The Purchaser (a) is a savings and loan association, building and
                                         loan association, cooperative bank, homestead association or similar institution, which
                                         is supervised and examined by a State or Federal authority having supervision over any
                                         such institutions or is a foreign savings and loan association or equivalent institution
                                         and (b) has an audited net worth of at least $25,000,000 as demonstrated in its
                                         latest annual financial statements, a copy of which is attached hereto, as of a date
                                         not more than 16 months preceding the date of sale of the Transferred Certificate in
                                         the case of a U.S. savings and loan association, and not more than 18 months preceding
                                         such date of sale for a foreign savings and loan association or equivalent institution.

 

		___	Broker-dealer.
                                         The Purchaser is a dealer registered pursuant to Section 15 of the Securities Exchange
                                         Act of 1934, as amended.

 

		___	Insurance
                                         Company. The Purchaser is an insurance company whose primary and predominant business
                                         activity is the writing of insurance or the reinsuring of risks underwritten by insurance
                                         companies and which is subject to supervision by the insurance commissioner or a similar
                                         official or agency of a State, U.S. territory or the District of Columbia.

 

		___	State
                                         or Local Plan. The Purchaser is a plan established and maintained by a State, its
                                         political subdivisions, or any agency or instrumentality of the State or its political
                                         subdivisions, for the benefit of its employees.

 

		___	ERISA
                                         Plan. The Purchaser is an employee benefit plan within the meaning of Title I of
                                         the Employee Retirement Income Security Act of 1974, as amended.

 

		___	Investment
                                         Advisor. The Purchaser is an investment advisor registered under the Investment Advisers
                                         Act of 1940, as amended.

 

		___	Other.
                                         (Please supply a brief description of the entity and a cross-reference to the paragraph
                                         and subparagraph under subsection (a) (1) of Rule 144A pursuant to which it
                                         qualifies. Note that registered investment companies should complete Annex 2 rather
                                         than this Annex 1.)
	 	 	 
	 	 	 
	 	 	 

  

3.           The
term “securities” as used herein does not include (i) securities of issuers that are affiliated with the Purchaser,
(ii) securities that are part of an unsold allotment to or subscription by the Purchaser, if the Purchaser is a dealer, (iii) bank
deposit notes and certificates of deposit, (iv) loan participations, (v) repurchase agreements, (vi) securities owned
but subject to a repurchase agreement and (vii) currency, interest rate and commodity swaps.

 

    Annex-1-2

     

    

 

For purposes of determining the aggregate
amount of securities owned and/or invested on a discretionary basis by the Purchaser, the Purchaser did not include any of the
securities referred to in this paragraph.

 

4.           For
purposes of determining the aggregate amount of securities owned and/or invested on a discretionary basis by the Purchaser, the
Purchaser used the cost of such securities to the Purchaser, unless the Purchaser reports its securities holdings in its financial
statements on the basis of their market value, and no current information with respect to the cost of those securities has been
published, in which case the securities were valued at market. Further, in determining such aggregate amount, the Purchaser may
have included securities owned by subsidiaries of the Purchaser, but only if such subsidiaries are consolidated with the Purchaser
in its financial statements prepared in accordance with generally accepted accounting principles and if the investments of such
subsidiaries are managed under the Purchaser’s direction. However, such securities were not included if the Purchaser is
a majority-owned, consolidated subsidiary of another enterprise and the Purchaser is not itself a reporting company under the
Securities Exchange Act of 1934, as amended.

 

5.           The
Purchaser acknowledges that it is familiar with Rule 144A and understands that the Seller and other parties related to the Transferred
Certificates are relying and will continue to rely on the statements made herein because one or more sales to the Purchaser may
be in reliance on Rule 144A.

 

	 	 	 	 	 	Will the Purchaser be purchasing the Transferred Certificate
	 	Yes	 	No 	 	only for the Purchaser’s own account

 

 

6.           If
the answer to the foregoing question is “no”, then in each case where the Purchaser is purchasing for an account other
than its own, such account belongs to a third party that is itself a “qualified institutional buyer” within the meaning
of Rule 144A, and the “qualified institutional buyer” status of such third party has been established by the Purchaser
through one or more of the appropriate methods contemplated by Rule 144A.

 

7.           The
Purchaser will notify each of the parties to which this certification is made of any changes in the information and conclusions
herein. Until such notice is given, the Purchaser’s purchase of the Transferred Certificate will constitute a reaffirmation
of this certification as of the date of such purchase. In addition, if the Purchaser is a bank or savings and loan as provided
above, the Purchaser agrees that it will furnish to such parties any updated annual financial statements that become available
on or before the date of such purchase, promptly after they become available.

 

    Annex-1-3

     

    

 

8.           Capitalized
terms used but not defined herein have the respective meanings ascribed thereto in the Pooling and Servicing Agreement pursuant
to which the Transferred Certificate was issued.

 

 

	 	Print
    Name of Purchaser

 

	 	By:	         

	 	Name:	         

	 	Title: 	         

	 	Date: 	         

 

    Annex-1-4

     

    

 

ANNEX
2

QUALIFIED INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A

 

[for
Purchasers that are Registered Investment Companies]

 

The
undersigned hereby certifies as follows to [Name of Seller] (the “Seller”) [, Citigroup Commercial Mortgage
Securities Inc.]11 and Computershare Trust Company, National Association, as Certificate Registrar, with respect
to the mortgage pass-through certificate being transferred (the “Transferred Certificate”) as described in
the Investment Representation Letter to which this certification relates and to which this certification is an Annex:

 

1.           As
indicated below, the undersigned is the chief financial officer, a person fulfilling an equivalent function, or other executive
officer of the entity purchasing the Transferred Certificate (the “Purchaser”) or, if the Purchaser is a “qualified
institutional buyer” as that term is defined in Rule 144A under the Securities Act of 1933, as amended (“Rule 144A”)
because the Purchaser is part of a Family of Investment Companies (as defined below), is an executive officer of the investment
adviser (the “Adviser”).

 

2.           The
Purchaser is a “qualified institutional buyer” as defined in Rule 144A because (i) the Purchaser is an investment
company registered under the Investment Company Act of 1940, as amended, and (ii) as marked below, the Purchaser alone owned
and/or invested on a discretionary basis, or the Purchaser’s Family of Investment Companies owned, at least $100,000,000
in securities (other than the excluded securities referred to below) as of [[_____] (specific date since the close of the Purchaser’s
most recent fiscal year)] [the end of the Purchaser’s most recent fiscal year]. For purposes of determining the amount of
securities owned by the Purchaser or the Purchaser’s Family of Investment Companies, the cost of such securities was used,
unless the Purchaser or any member of the Purchaser’s Family of Investment Companies, as the case may be, reports its securities
holdings in its financial statements on the basis of their market value, and no current information with respect to the cost of
those securities has been published, in which case the securities of such entity were valued at market.

 

		____	The
                                         Purchaser owned and/or invested on a discretionary basis $___________________ in securities
                                         (other than the excluded securities referred to below) as of the end of the Purchaser’s
                                         most recent fiscal year (such amount being calculated in accordance with Rule 144A).

 

		____	The
                                         Purchaser is part of a Family of Investment Companies which owned in the aggregate $______________
                                         in securities (other than the excluded securities referred to below) as of the end of
                                         the Purchaser’s most recent fiscal year (such amount being calculated in accordance
                                         with Rule 144A).

 

3.           The
term “Family of Investment Companies” as used herein means two or more registered investment companies (or series
thereof) that have the same investment adviser

 

 

 

11
Delete if the Seller is Citigroup Commercial Mortgage Securities Inc.

 

    Annex-2-1

     

    

 

or investment advisers that are affiliated (by virtue of being majority owned subsidiaries
of the same parent or because one investment adviser is a majority owned subsidiary of the other).

 

4.           The
term “securities” as used herein does not include (i) securities of issuers that are affiliated with the Purchaser
or are part of the Purchaser’s Family of Investment Companies, (ii) bank deposit notes and certificates of deposit,
(iii) loan participations, (iv) repurchase agreements, (v) securities owned but subject to a repurchase agreement
and (vi) currency, interest rate and commodity swaps. For purposes of determining the aggregate amount of securities owned
and/or invested on a discretionary basis by the Purchaser, or owned by the Purchaser’s Family of Investment Companies, the
securities referred to in this paragraph were excluded.

 

5.           The
Purchaser is familiar with Rule 144A and understands that the parties to which this certification is being made are relying
and will continue to rely on the statements made herein because one or more sales to the Purchaser will be in reliance on Rule 144A.

 

	 	 	 	 	 	Will the Purchaser be purchasing the Transferred Certificate
	 	Yes	 	No 	 	only for the Purchaser’s own account

  

6.           If
the answer to the foregoing question is “no”, then in each case where the Purchaser is purchasing for an account other
than its own, such account belongs to a third party that is itself a “qualified institutional buyer” within the meaning
of Rule 144A, and the “qualified institutional buyer” status of such third party has been established by the
Purchaser through one or more of the appropriate methods contemplated by Rule 144A.

 

7.           The
undersigned will notify the parties to which this certification is made of any changes in the information and conclusions herein.
Until such notice, the Purchaser’s purchase of the Transferred Certificate will constitute a reaffirmation of this certification
by the undersigned as of the date of such purchase.

 

8.           Capitalized
terms used but not defined herein have the respective meanings ascribed thereto in the Pooling and Servicing Agreement pursuant
to which the Transferred Certificate was issued.

 

 

	 	Print Name of
    Purchaser or Adviser

 

	 	By:	         

	 	Name:	         

	 	Title: 	         

 

	 	IF AN ADVISER:

 

	 	Print Name of
    Purchaser

 

	 	Date: 	         

 

    Annex-2-2

     

    

 

EXHIBIT
L-5A

 

FORM
OF TRANSFEREE Certificate for Transfer of CLASS VRR 

CERTIFICATES 

 

[Date]

 

	Computershare
                                         Trust Company, National Association,

        as
        Certificate Registrar

        600
        South 4th Street, 7th Floor

        Minneapolis, Minnesota 55415

        Attention: CTS - Certificate Transfer Services - Benchmark 2022-B35

        	Citigroup
                                         Commercial Mortgage Securities Inc.

        388
        Greenwich Street, 6th Floor

        New York, New York 10013

        Attention: Richard Simpson

        Telecopy
        number: (646) 328-2943

        E-mail:
        richard.simpson@citi.com

        
	 	 
	Citi
                                         Real Estate Funding Inc.

        388
        Greenwich Street, 6th Floor

        New
        York, New York 10013

        Attention:
        Richard Simpson

        Telecopy
        number: (646) 328-2943

        E-mail:
        richard.simpson@citi.com

        	Citigroup
                                         Commercial Mortgage Securities Inc.

        390
        Greenwich Street, 5th Floor

        New
        York, New York 10013

        Attention:
        Raul Orozco

        Telecopy
        number: (347) 394-0898

        E-mail:
        raul.d.orozco@citi.com

        
	 	 
	Citi
                                         Real Estate Funding Inc.

        390
        Greenwich Street, 5th Floor

        New
        York, New York 10013

        Attention:
        Raul Orozco

        Telecopy
        number: (347) 394-0898

        E-mail:
        raul.d.orozco@citi.com

        	Citigroup
                                         Commercial Mortgage Securities Inc.

        388
        Greenwich Street, 17th Floor

        New
        York, New York 10013

        Attention:
        Ryan M. O’Connor

        Telecopy
        number: (646) 862-8988

        E-mail:
        ryan.m.oconnor@citi.com

        
	 	 
	Citi
                                         Real Estate Funding Inc.

        388
        Greenwich Street, 17th Floor

        New
        York, New York 10013

        Attention:
        Ryan M. O’Connor

        Telecopy
        number: (646) 862-8988

        E-mail:
        ryan.m.oconnor@citi.com

        	 

 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35
                                         (the “Certificates”) issued pursuant to the Pooling and Servicing
                                         Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”),
                                         between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National
                                         Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services
                                         LLC, as Operating Advisor and as Asset Representations Reviewer, Computershare Trust
                                         Company, National Association, as Certificate Administrator, and Wilmington Trust, National
                                         Association, as Trustee	 

 

    L-5A-1

     

    

 

Ladies
and Gentlemen:

 

[_____]
(the “Purchaser”) hereby agrees with, and certifies, represents and warrants to, you, in your respective capacities
as Certificate Registrar, Retaining Sponsor and Depositor, that:

 

		1.	The
                                         Purchaser is acquiring from [__________] (the “Transferor”) $[_____]
                                         principal balance of the Class VRR Certificates (the “Transferred Interest”).

 

		2.	The
                                         Purchaser is aware that, following its acquisition of the Transferred Interest, the Certificate
                                         Registrar will not register any transfer of the Transferred Interest by the Purchaser
                                         unless the transferee, or such transferee’s agent, delivers to the Certificate
                                         Registrar, among other things, a certificate in substantially the same form as this certificate.
                                         The Purchaser expressly agrees that it will not consummate any such transfer if it knows
                                         or believes that any representation contained in such certificate is false.

 

		3.	If
                                         the Purchaser is an insurance company general account relying on PTCE 95-60 to cover
                                         its acquisition of any ERISA Restricted Certificate constituting a portion of the Transferred
                                         Interest, (a) all of the conditions of Parts I and III of PTCE 95-60 will be satisfied
                                         with respect to the acquisition of such ERISA Restricted Certificate and (b) the acquisition
                                         of such ERISA Restricted Certificate will be effected through Citigroup Global Markets
                                         Inc., Goldman Sachs & Co. LLC, Deutsche Bank Securities Inc. or J.P. Morgan Securities
                                         LLC, or an affiliate thereof.

 

		4.	Check
                                         one of the following:

 

☐           The
Purchaser agrees with, and certifies, represents and warrants to, you, in your respective capacities as Certificate Registrar,
Retaining Sponsor and Depositor, that the transfer will occur during the VRR Interest Transfer Restriction Period and that:

 

		A.	The
                                         Purchaser is a “majority-owned affiliate”, as such term is defined in Regulation
                                         RR, of the Transferor (a “Majority-Owned Affiliate”).

 

		B.	The
                                         Purchaser is not acquiring the Transferred Interest as a nominee, trustee or agent for
                                         any person that is not a Majority-Owned Affiliate, and that for so long as it retains
                                         its interest in the Transferred Interest, it will remain a Majority-Owned Affiliate.

 

		C.	The
                                         Purchaser has executed and delivered a joinder agreement substantially in the form attached
                                         as Exhibit C to the Vertical Credit Risk Retention Agreement, dated and effective
                                         as of May 4, 2022 (the “Vertical Credit Risk Retention Agreement”),
                                         between Citi Real Estate Funding Inc., Goldman Sachs Bank USA, Goldman Sachs Mortgage
                                         Company, German American Capital Corporation, JPMorgan Chase Bank, National Association
                                         and the Depositor, pursuant to which the Purchaser has agreed to be bound by the terms
                                         of the Vertical Credit Risk Retention Agreement to the same extent as if the Purchaser
                                         was the Transferor.

 

    L-5A-2

     

    

 

		D.	The
                                         Purchaser hereby makes each representation set forth in Section 4(b) of the Vertical
                                         Credit Risk Retention Agreement, other than the representations in Sections 4(b)(viii)
                                         and 4(b)(ix) [and except that it is a [_____], duly organized, validly existing and in
                                         good standing under the laws of [_____]].

 

		E.	The
                                         Purchaser consents to any additional restrictions or arrangements that shall be deemed
                                         necessary upon advice of counsel to constitute a reasonable arrangement to ensure that
                                         its ownership of the Transferred Interest will satisfy the risk retention requirements
                                         of the Transferor, in its capacity as [the retaining sponsor][an originator] under Regulation
                                         RR.

 

☐           The
Purchaser certifies, represents and warrants to you, in your respective capacities as Certificate Registrar, Retaining Sponsor
and Depositor, that the transfer will occur after the termination of the VRR Interest Transfer Restriction Period.

 

Capitalized
terms used but not defined herein have the meanings assigned thereto in the Pooling and Servicing Agreement.

 

IN
WITNESS WHEREOF, the Purchaser has caused this instrument to be duly executed on its behalf by its duly authorized senior officer
this ___day of _________, 20__.

 

	 	[PURCHASER]
	 	 
	 	By:	        
	 	 	Name:
	 	 	Title:

  

    L-5A-3

     

    

 

The
foregoing certificate is hereby confirmed, and the transfer is accepted, as of the date first above written:

 

	[APPLICABLE RETAINING PARTY]12	 
	 	 	 
	By:	      	 
	 	Name:	 
	 	Title:	 

 

	[Medallion Stamp Guarantee]	 
	 	 
	[CITI REAL ESTATE FUNDING INC.]13	 
	 	 	 
	By:	      	 
	 	Name:	 
	 	Title:	 

 

	CITIGROUP COMMERCIAL MORTGAGE SECURITIES
    INC.	 
	 	 	 
	By:	      	 
	 	Name:	 
	 	Title:	 

 

 

12
Signature of Retaining Party is required if the Retaining Party is different than the transferor

 

13
Signature of Retaining Sponsor is required if the Retaining Sponsor is different than the applicable Retaining Party

 

    L-5A-4

     

    

 

EXHIBIT
L-5B

 

[RESERVED]

 

    L-5B-1

     

    

 

EXHIBIT
L-6A

 

FORM
OF TRANSFEROR Certificate for Transfer of cLASS VRR 

CERTIFICATES

 

[Date]

 

	Computershare
                                         Trust Company, National Association,

        as
Certificate Registrar

        600
        South 4th Street, 7th Floor

        Minneapolis, Minnesota 55415

        Attention: CTS - Certificate Transfer Services - Benchmark 2022-B35

        	Citigroup
                                         Commercial Mortgage Securities Inc.

        388
        Greenwich Street, 6th Floor

        New York, New York 10013

        Attention: Richard Simpson

        Telecopy
        number: (646) 328-2943

        E-mail:
        richard.simpson@citi.com

        
	 	 
	[Citi
                                         Real Estate Funding Inc.

        388
        Greenwich Street, 6th Floor

        New
        York, New York 10013

        Attention:
        Richard Simpson

        Telecopy
        number: (646) 328-2943

        E-mail:
        richard.simpson@citi.com]1

        	Citigroup
                                         Commercial Mortgage Securities Inc.

        390
        Greenwich Street, 5th Floor

        New
        York, New York 10013

        Attention:
        Raul Orozco

        Telecopy
        number: (347) 394-0898

        E-mail:
        raul.d.orozco@citi.com

        
	 	 
	[Citi
                                         Real Estate Funding Inc.

        390
        Greenwich Street, 5th Floor

        New
        York, New York 10013

        Attention:
        Raul Orozco

        Telecopy
        number: (347) 394-0898

        E-mail:
        raul.d.orozco@citi.com]1

        	Citigroup
                                         Commercial Mortgage Securities Inc.

        388
        Greenwich Street, 17th Floor

        New
        York, New York 10013

        Attention:
        Ryan M. O’Connor

        Telecopy
        number: (646) 862-8988

        E-mail:
        ryan.m.oconnor@citi.com

        
	 	 
	[Citi
                                         Real Estate Funding Inc.

        388
        Greenwich Street, 17th Floor

        New
        York, New York 10013

        Attention:
        Ryan M. O’Connor

        Telecopy
        number: (646) 862-8988

        E-mail:
        ryan.m.oconnor@citi.com]1

        	 

 

	Re:	Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage
Pass-Through Certificates, Series 2022-B35 (the “Certificates”)	 

 

Ladies
and Gentlemen:

 

 

 

1
Include only if the Transferor is not the Retaining Sponsor

 

    L-6A-1

     

    

 

This
letter is delivered to you in connection with the transfer by [______] (the “Transferor”) to [______] (the
“Transferee”) of $[_____] principal balance of the Class VRR Certificates (the “Transferred Interest”).

 

The
Certificates were issued pursuant to the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing
Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association, as Master
Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor and as Asset Representations Reviewer,
Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington Trust, National Association, as
Trustee. All capitalized terms used but not otherwise defined herein shall have the respective meanings set forth in the Pooling
and Servicing Agreement. The Transferor hereby certifies, represents and warrants to you, in your respective capacities as Certificate
Registrar, Retaining Sponsor and Depositor, that:

 

		1.	The
                                         transfer is in compliance with Sections 5.02 and 5.03 of the Pooling and Servicing Agreement.

 

		2.	Check
                                         one of the following:

 

		☐	The
                                         Transferor certifies, represents and warrants to you, in your respective capacities as
                                         Certificate Registrar[, Retaining Sponsor]2 and Depositor, that the transfer
                                         will occur during the VRR Interest Transfer Restriction Period and that:

 

		A.	The
transfer is in compliance with the Vertical Credit Risk Retention Agreement, between Citi Real Estate Funding Inc., Goldman Sachs
Bank USA, Goldman Sachs Mortgage Company, German American Capital Corporation, JPMorgan Chase Bank, National Association and the
Depositor, dated and effective as of May 4, 2022 (the “Vertical Credit Risk Retention Agreement”).

 

		B.	The
Transferee is a “majority-owned affiliate”, as such term is defined in Regulation RR, of the Transferor.

 

		C.	The
Transferor has complied in all material respects with all of the covenants in the Vertical Credit Risk Retention Agreement during
the period from the date of the Vertical Credit Risk Retention Agreement through and including the date of this transfer.

 

		D.	All
of the representations and warranties made by the Transferor in the Vertical Credit Risk Retention Agreement are true and correct
as of the date of the transfer.

 

 

 

2
Include only if the Transferor is not the Retaining Sponsor

 

    L-6A-2

     

    

 

		E.	All
of the requirements set forth in Section 3(c) of the Vertical Credit Risk Retention Agreement have been complied with through
and including the date of the transfer.

 

		☐	The
                                         Transferor certifies, represents and warrants to you, in your respective capacities as
                                         Certificate Registrar[, Retaining Sponsor]3 and Depositor, that the transfer
                                         will occur after the termination of the VRR Interest Transfer Restriction Period.

 

		3.	The
Transferor understands that the Transferee has delivered to you a Transferee Certificate in the form attached to the Pooling and
Servicing Agreement as Exhibit L-5A. The Transferor does not know or believe that any representation contained therein
is false.

 

IN
WITNESS WHEREOF, the Transferor has caused this instrument to be duly executed on its behalf by its duly authorized senior officer
this ___day of _________, 20__.

 

	 	 	[TRANSFEROR]
	 	 
	 	By:	        
	 	 	Name:
	 	 	Title:

 

 

 

3
Include only if the Transferor is not the Retaining Sponsor

 

    L-6A-3

     

    

 

The
foregoing certificate is hereby confirmed, and the transfer is accepted, as of the date first above written:

 

	[APPLICABLE RETAINING PARTY]4	 
	 	 	 
	By:	      	 
	 	Name:	 
	 	Title:	 

 

	[Medallion Stamp Guarantee]	 
	 	 
	[CITI REAL ESTATE FUNDING INC.]5	 
	 	 	 
	By:	      	 
	 	Name:	 
	 	Title:	 

 

	CITIGROUP COMMERCIAL MORTGAGE SECURITIES
    INC.	 
	 	 	 
	By:	      	 
	 	Name:	 
	 	Title:	 

 

 

 

4
Signature of Retaining Party is required if the Retaining Party is different than the transferor

 

5
Signature of Retaining Sponsor is required if the Retaining Sponsor is different than the applicable Retaining Party

 

    L-6A-4

     

    

 

EXHIBIT
L-6B

 

[RESERVED]

 

    L-6B-1

     

    

 

EXHIBIT
L-7A

 

FORM
OF TRANSFEREE CERTIFICATE FOR TRANSFER OF UNCERTIFICATED 

VRR INTEREST

 

[Date]

 

	Computershare
                                         Trust Company, National Association,

        as
Certificate Registrar

        600
        South 4th Street, 7th Floor

        Minneapolis, Minnesota 55415

        Attention: CTS - Certificate Transfer Services - Benchmark 2022-B35

        	 	Citigroup
                                         Commercial Mortgage Securities Inc.

        388
        Greenwich Street, 6th Floor

        New
        York, New York 10013

        Attention:
        Richard Simpson

        Telecopy
        number: (646) 328-2943

        E-mail:
        richard.simpson@citi.com

        
	 	 	 
	Citi
                                         Real Estate Funding Inc.

        388
        Greenwich Street, 6th Floor

        New
        York, New York 10013

        Attention:
        Richard Simpson

        Telecopy
        number: (646) 328-2943

        E-mail:
        richard.simpson@citi.com

        	 	Citigroup
                                         Commercial Mortgage Securities Inc.

        390
        Greenwich Street, 5th Floor

        New York, New York 10013

        Attention: Raul Orozco

        Telecopy
        number: (347) 394-0898

        E-mail:
        raul.d.orozco@citi.com

        
	 	 	 
	Citi
                                         Real Estate Funding Inc.

        390
        Greenwich Street, 5th Floor

        New
        York, New York 10013

        Attention:
        Raul Orozco

        Telecopy
        number: (347) 394-0898

        E-mail:
        raul.d.orozco@citi.com

        	 	Citigroup
                                         Commercial Mortgage Securities Inc.

        388
        Greenwich Street, 17th Floor

        New
        York, New York 10013

        Attention:
        Ryan M. O’Connor

        Telecopy
        number: (646) 862-8988

        E-mail:
        ryan.m.oconnor@citi.com

        
	 	 	 
	Citi
                                         Real Estate Funding Inc.

        388
        Greenwich Street, 17th Floor

        New
        York, New York 10013

        Attention:
        Ryan M. O’Connor

        Telecopy
        number: (646) 862-8988

        E-mail:
        ryan.m.oconnor@citi.com

        	 	 

 

    L-7A-1

     

    

 

		Re:	Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage
Pass-Through Certificates, Series 2022-B35 (the “Certificates”) issued pursuant to the Pooling and Servicing
Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage
Securities Inc., as Depositor, KeyBank National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services
LLC, as Operating Advisor and as Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate
Administrator, and Wilmington Trust, National Association, as Trustee 	 

 

Ladies
and Gentlemen:

 

[_____]
(the “Transferee”) hereby agrees with, and certifies, represents and warrants to, you, in your respective capacities
as Certificate Registrar, Retaining Sponsor and Depositor, that:

 

		1.	[[_____]
                                         (the “Transferor”) is transferring $[____] Uncertificated VRR Interest
                                         Portion Balance of the Uncertificated VRR-[__] Interest (the “Transferred Interest”)
                                         to [______] (the “Transferee”).] [[_____] (the “Transferor”)
                                         is transferring $[____] Uncertificated VRR Interest Portion Balance of the Uncertificated
                                         VRR Interest-[__] (the “Transferred Interest”) to [_____] (“Transferee”)
                                         that is a Permitted Lender in a repurchase transaction.] [[_____] (the “Transferor”)
                                         is granting a security interest in the Uncertificated VRR Interest-[__] to [_____] (the
                                         “Transferee”) that is a Permitted Lender.].

 

		2.	The
                                         transfer or the pledge contemplated in Paragraph 1 (a “Transfer”)
                                         is in compliance with (A) Sections 5.02 and 5.03 of the Pooling and Servicing Agreement
                                         and (B) the Vertical Credit Risk Retention Agreement, dated and effective as of May 4,
                                         2022 (the “Vertical Credit Risk Retention Agreement”), between Citi
                                         Real Estate Funding Inc., Goldman Sachs Bank USA, Goldman Sachs Mortgage Company, German
                                         American Capital Corporation, JPMorgan Chase Bank, National Association and the Depositor.

 

		3.	The
                                         Transferee is aware that, following its acquisition of the Transferred Interest, the
                                         Certificate Registrar will not register any transfer of the Transferred Interest by the
                                         Transferee unless the transferee, or such transferee’s agent, delivers to the Certificate
                                         Registrar, among other things, a certificate in substantially the same form as this certificate.
                                         The Transferee expressly agrees that it will not consummate any such transfer if it knows
                                         or believes that any representation contained in such certificate is false.

 

		4.	If
the Transferee (A) is not and will not be an employee benefit plan or other plan subject to the fiduciary responsibility or prohibited
transaction provisions of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) or section
4975 of the Internal Revenue Code of 1986, as amended (the “Code”, and any such employee benefit plan or other
plan, a “Plan”) or an entity or collective investment fund the assets of which are considered Plan assets under
U.S. Department of Labor Reg. Section 2510.3-101, as modified by Section 3(42) of ERISA (including an insurance company that is
using the assets of separate accounts or general accounts which include assets of Plans (or which

 

    L-7A-2

     

    

 

 are deemed pursuant to ERISA or Similar
                                         Law to include assets of Plans)), or other person acting on behalf of any such Plan or
                                         using assets of any such Plan and (B) is not and will not be a governmental plan or other
                                         plan subject to any federal, state or local law that is, to a material extent, similar
                                         to the fiduciary responsibility or prohibited transaction provisions of ERISA or Code
                                         Section 4975 (“Similar Law”) or any Person acting on behalf of any
                                         such governmental plan or other plan or using the assets of such governmental plan to
                                         acquire the Transferred Interest.

 

		5.	Check
                                         one of the following:

 

☐           The
Transferee agrees with, and certifies, represents and warrants to, you, in your respective capacities as Certificate Registrar,
Retaining Sponsor and Depositor, that the transfer will occur during the VRR Interest Transfer Restriction Period and that:

 

		A.	The
                                         Transferee is a “majority-owned affiliate”, as such term is defined in Regulation
                                         RR, of the Transferor (a “Majority-Owned Affiliate”);

 

		B.	The
                                         Transferee is not acquiring the Transferred Interest as a nominee, trustee or agent for
                                         any person that is not a Majority-Owned Affiliate, and that for so long as it retains
                                         its interest in the Transferred Interest, it will remain a Majority-Owned Affiliate;

 

		C.	The
                                         Transferee is not a Non-Exempt Person; and

 

		D.	The
                                         Transferee has executed and delivered a joinder agreement substantially in the form attached
                                         as Exhibit C to the Vertical Credit Risk Retention Agreement, pursuant to which
                                         the Transferee has agreed to be bound by the terms of the Vertical Credit Risk Retention
                                         Agreement to the same extent as if the Transferee was the Transferor;

 

		E.	The
                                         Transferee hereby makes each representation set forth in Section 4(b) of the Vertical
                                         Credit Risk Retention Agreement, other than the representations in Sections 4(b)(viii)
                                         and 4(b)(ix) [and except that it is a [_____], duly organized, validly existing and in
                                         good standing under the laws of [_____]].

 

		F.	The
                                         Transferee consents to any additional restrictions or arrangements that shall be deemed
                                         necessary upon advice of counsel to constitute a reasonable arrangement to ensure that
                                         its ownership of the Transferred Interest will satisfy the risk retention requirements
                                         of the Retaining Sponsor, in its capacity as the retaining sponsor under Regulation RR.

 

☐           The
Transferee certifies, represents and warrants to you, in your respective capacities as Certificate Registrar, Retaining Sponsor
and Depositor, that the transfer will occur during the VRR Interest Transfer Restriction Period and that:

 

		A.	The
                                         Transferee is a Person that provides financing permitted under Regulation RR and Section
                                         3(d) of the Vertical Credit Risk Retention Agreement (as defined below) (a “Permitted
                                         Lender”);

 

    L-7A-3

     

    

 

		B.	It
                                         is not acquiring an interest in the Transferred Interest as a nominee, trustee or agent
                                         for any person that is not a Permitted Lender, and that for so long as it retains its
                                         interest in the Transferred Interest, it will remain a Permitted Lender;

 

		C.	The
                                         Transferee has executed and delivered the acknowledgement and the agreement contemplated
                                         by clauses (1) and (2), respectively, of Section 3(d)(ii)(C) of the Vertical Credit Risk
                                         Retention Agreement; and

 

		D.	The
                                         Transferee consents to any additional restrictions or arrangements that shall be deemed
                                         necessary upon advice of counsel to constitute a reasonable arrangement to ensure that
                                         its ownership of an interest in the Transferred Interest will satisfy the risk retention
                                         requirements of the Retaining Sponsor, in its capacity as the retaining sponsor under
                                         the Risk Retention Rule.

 

☐           The
Transferee certifies, represents and warrants to you, in your respective capacities as Certificate Registrar, Retaining Sponsor
and Depositor, that the transfer will occur after the termination of the VRR Interest Transfer Restriction Period.

 

		6.	Check
one of the following:

 

☐           The
Transferee is a “U.S. Tax Person” and it has attached hereto an Internal Revenue Service (“IRS”) Form
W-9 (or successor form).

 

☐           The
Transferee is not a “U.S. Tax Person” and under applicable law in effect on the date hereof, no taxes will be required
to be withheld by the Certificate Administrator (or its agent) with respect to Distributions to be made on the Transferred Certificate(s).
The Transferee has attached hereto (i) a duly executed IRS Form W-8BEN or W-8 BEN-E, as applicable (or successor form), which
identifies such Transferee as the beneficial owner of the Transferred Certificate(s) and states that such Transferee is not a
U.S. Person, (ii) two duly executed copies of IRS Form W-8IMY (and all appropriate attachment) or (iii) two duly executed
copies of IRS Form W-8ECI (or successor form), which identify such Transferee as the beneficial owner of the Transferred Certificate(s)
and state that interest and original issue discount on the Transferred Certificate(s) is, or is expected to be, effectively connected
with a U.S. trade or business. The Transferee agrees to provide to the Certificate Administrator an updated IRS Form W-8BEN, IRS
Form W-8 BEN-E, IRS Form W-8IMY or IRS Form W-8ECI, as the case may be, any applicable successor IRS forms, or such other certifications
as the Certificate Administrator may reasonably request, on or before the date that any such IRS form or certification expires
or becomes obsolete, or promptly after the occurrence of any event requiring a change in the most recent IRS form of certification
furnished by it to the Certificate Administrator.

 

For
the purposes of this paragraph 7, “U.S. Tax Person” means a citizen or resident of the United States, a corporation,
partnership (except to the extent provided in applicable Treasury Regulations), or other entity created or organized in or under
the laws of the United States, any state thereof or the District of Columbia, including any entity treated as a

 

    L-7A-4

     

    

 

corporation or
partnership for federal income tax purposes, an estate whose income is subject to United States federal income tax regardless
of its source, or a trust if a court within the United States is able to exercise primary supervision over the administration
of such trust, and one or more such U.S. Tax Persons have the authority to control all substantial decisions of such trust (or,
to the extent provided in applicable Treasury Regulations, certain trusts in existence on August 20, 1996 that have elected to
be treated as U.S. Tax Persons).

 

		7.	All
                                         distributions to be made to the Transferee pursuant to the Pooling and Servicing Agreement
                                         should be made to:

 

[INSERT
WIRE TRANSFER INFORMATION]

 

Bank:

Account
No.: 

Attention:

Ref:

ABA
No.: 

 

		8.	Any
                                         communications to the Transferee pursuant to the Pooling and Servicing Agreement should
                                         be provided to:

 

[INSERT
CONTACT INFORMATION]

 

[NAME]

[ADDRESS]

Fax
number: 

Telephone:

 

E-mail:

 

Capitalized
terms used but not defined herein have the meanings assigned thereto in the Pooling and Servicing Agreement.

 

IN
WITNESS WHEREOF, the Transferee has caused this instrument to be duly executed on its behalf by its duly authorized senior officer
this ___day of _________, 20__.

 

	 	[TRANSFEREE]
	 	 
	 	By:	        
	 	 	Name:
	 	 	Title:

 

    L-7A-5

     

    

 

The
foregoing certificate is hereby confirmed, and the transfer is accepted, as of the date first above written:

 

	[APPLICABLE RETAINING PARTY]	 
	 	 	 
	By:	      	 
	 	Name:	 
	 	Title:	 

 

	[Medallion Stamp Guarantee]	 
	 	 
	CITI REAL ESTATE FUNDING INC.	 
	 	 	 
	By:	      	 
	 	Name:	 
	 	Title:	 

 

	CITIGROUP COMMERCIAL MORTGAGE SECURITIES
    INC.	 
	 	 	 
	By:	      	 
	 	Name:	 
	 	Title:	 

 

    L-7A-6

     

    

 

EXHIBIT
L-7B

 

FORM
OF TRANSFEROR CERTIFICATE FOR TRANSFER OF UNCERTIFICATED 

VRR INTEREST

 

[Date]

 

	Computershare
Trust Company, National Association,

        as
Certificate Registrar

        600
South 4th Street, 7th Floor

Minneapolis, Minnesota 55415

Attention: CTS - Certificate Transfer Services - Benchmark
2022-B35 
	 	Citigroup
Commercial Mortgage Securities Inc. 

        388
Greenwich Street, 6th Floor

        New
York, New York 10013 

        Attention:
Richard Simpson

        Telecopy
number: (646) 328-2943

        E-mail:
richard.simpson@citi.com

	 	 	 
	Citi
Real Estate Funding Inc. 

        388
Greenwich Street, 6th Floor

        New
York, New York 10013

        Attention:
Richard Simpson

        Telecopy
number: (646) 328-2943 

        E-mail:
richard.simpson@citi.com
	 	Citigroup
Commercial Mortgage Securities Inc.

        390
Greenwich Street, 5th Floor

New York, New York 10013

Attention: Raul Orozco

        Telecopy
number: (347) 394-0898

        E-mail:
raul.d.orozco@citi.com

	 	 	 
	Citi
Real Estate Funding Inc. 

        390
Greenwich Street, 5th Floor 

        New
York, New York 10013 

        Attention:
Raul Orozco 

        Telecopy
number: (347) 394-0898 

        E-mail:
raul.d.orozco@citi.com 
	 	Citigroup
Commercial Mortgage Securities Inc. 

        388
Greenwich Street, 17th Floor 

        New
York, New York 10013 

        Attention:
Ryan M. O’Connor 

        Telecopy
number: (646) 862-8988 

        E-mail:
ryan.m.oconnor@citi.com 

	 	 	 
	Citi
Real Estate Funding Inc. 

        388
Greenwich Street, 17th Floor 

        New
York, New York 10013 

        Attention:
Ryan M. O’Connor 

        Telecopy
number: (646) 862-8988 

        E-mail:
ryan.m.oconnor@citi.com 
	 	 

 

		Re:	Benchmark
2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35 (the “Certificates”)
issued, and the Uncertificated VRR Interest created, pursuant to the Pooling and Servicing Agreement dated as of May 1, 2022
(the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank
National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor and as
Asset Representations Reviewer, Computershare Trust Company, 

 

    L-7B-1

     

    

 

	 	 	National Association, as Certificate Administrator, and
                                         Wilmington Trust, National Association, as Trustee         

 

Ladies
and Gentlemen:

 

[_____]
(the “Transferor”) hereby agrees with, and certifies, represents and warrants to, you, in your respective capacities
as Certificate Registrar, Retaining Sponsor and Depositor, that:

 

		1.	[[_____]
                                         (the “Transferor”) is transferring $[____] Uncertificated VRR Interest Portion
                                         Balance of the Uncertificated VRR-[__] Interest (the “Transferred Interest”)
                                         to [______] (the “Transferee”).] [[_____] (the “Transferor”)
                                         is transferring $[____] Uncertificated VRR Interest Portion Balance of the Uncertificated
                                         VRR-[__] Interest (the “Transferred Interest”) to [_____] (the “Transferee”)
                                         that is a Permitted Lender in a repurchase transaction.] [[_____] (the “Transferor”)
                                         is granting a security interest in the $[____] Uncertificated VRR Interest Portion Balance
                                         of the Uncertificated VRR-[__] Interest (the “Transferred Interest”)
                                         to [_____] (the “Transferee”) that is a Permitted Lender.]

 

		2.	The
                                         transfer or the pledge contemplated in Paragraph 1 (a “Transfer”)
                                         is in compliance with the Pooling and Servicing Agreement and the Vertical Credit Risk
                                         Retention Agreement, dated and effective as of May 4, 2022 (the “Vertical Credit
                                         Risk Retention Agreement”), between Citi Real Estate Funding Inc., Goldman
                                         Sachs Bank USA, Goldman Sachs Mortgage Company, German American Capital Corporation,
                                         JPMorgan Chase Bank, National Association and the Depositor.

 

		3.	The
                                         Transferor is aware that the Certificate Registrar will not recognize any Transfer of
                                         any portion of the $[____] Uncertificated VRR Interest Portion Balance of the Uncertificated
                                         VRR Interest-[__] by the Transferor unless the Transferor, or the Transferor’s
                                         agent, delivers to the Certificate Registrar, among other things, a certificate in substantially
                                         the same form as this certificate. The Transferor expressly agrees that it will not consummate
                                         any such Transfer if it knows or believes that any representation contained in such certificate
                                         is false.

 

		4.	Check
                                         one of the following:

 

		☐	The
                                         Transferor certifies, represents and warrants to you, in your respective capacities as
                                         Certificate Registrar, Retaining Sponsor and Depositor, that the Transfer will occur
                                         during the VRR Interest Transfer Restriction Period and that:

 

		A.	The
                                         Transferee is a “majority-owned affiliate”, as such term is defined in Regulation
                                         RR (a “Majority-Owned Affiliate”), of the Transferor;

 

		B.	To
                                         the Transferor’s knowledge, the Transferee is not acquiring the Uncertificated
                                         VRR Interest-[__] as a nominee, trustee or agent for any person that is not a Majority-Owned
                                         Affiliate of the Transferor;

 

		C.	The
                                         Transferor has complied in all material respects with all of the covenants in the Vertical
                                         Credit Risk Retention Agreement during the period from the 

 

    L-7B-2

     

    

 

	 	 	date
                                         of the Vertical Credit Risk Retention Agreement through and including the date of the
                                         Transfer.

 

		D.	All
                                         of the representations and warranties made by the Transferor in the Vertical Credit Risk
                                         Retention Agreement are true and correct as of the date of the Transfer.

 

		E.	All
                                         of the requirements set forth in Section 3(c) of the Vertical Credit Risk Retention Agreement
                                         have been complied with through and including the date of the Transfer.

 

		☐	The
                                         Transferor certifies, represents and warrants to you, in your respective capacities as
                                         Certificate Registrar, Retaining Sponsor and Depositor, that the transfer will occur
                                         after the termination of the VRR Interest Transfer Restriction Period, and that:

 

		A.	The
                                         Transferee is a Person that provides financing permitted under Regulation RR and Section
                                         3(d) of the Vertical Credit Risk Retention Agreement (a “Permitted Lender”);

 

		B.	The
                                         Transferor’s knowledge, the Transferee is not a Non-Exempt Person.

 

		C.	To
                                         the knowledge of the Transferor, the Transferee is not acquiring an interest in the Uncertificated
                                         VRR Interest-[__] as a nominee, trustee or agent for any person that is not a Permitted
                                         Lender, and that for so long as it retains its interest in the Uncertificated VRR Interest-[__],
                                         it will remain a Permitted Lender.

 

		D.	The
                                         Transferor has complied in all material respects with all of the covenants in the Vertical
                                         Credit Risk Retention Agreement during the period from the date of the Vertical Credit
                                         Risk Retention Agreement through and including the date of the Transfer.

 

		E.	All
                                         of the representations and warranties made by the Transferor in the Vertical Credit Risk
                                         Retention Agreement are true and correct as of the date of the Transfer.

 

		F.	All
                                         of the requirements set forth in Section 3(d) of the Vertical Credit Risk Retention Agreement
                                         have been complied with through and including the date of the Transfer.

 

		☐	The
                                         Transferor certifies, represents and warrants to you, in your respective capacities as
                                         Certificate Registrar, Retaining Sponsor and Depositor, that the transfer will occur
                                         after the termination of the VRR Interest Transfer Restriction Period.

 

    L-7B-3

     

    

 

		5.	The
                                         Transferor understands that the Transferee has delivered to you a Transferee Certificate
                                         in the form attached to the Pooling and Servicing Agreement as Exhibit L-7A. The
                                         Transferor does not know or believe that any representation contained therein is false.

 

Capitalized
terms used but not defined herein have the meanings assigned thereto in the Pooling and Servicing Agreement.

 

IN
WITNESS WHEREOF, the Transferor has caused this instrument to be duly executed on its behalf by its duly authorized senior officer
this ___day of _________, 20__.

 

	 	 	[TRANSFEROR]  
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

The
foregoing certificate is hereby confirmed, and the transfer is accepted, as of the date first above written:

 

	[APPLICABLE RETAINING PARTY]19  	 
	 	 	 
	By:	 	 
	 	Name:	 
	 	Title:	 

 

[Medallion
Stamp Guarantee]

 

CITI
REAL ESTATE FUNDING INC.

 

 

19
Signature of Retaining Party is required if the Retaining Party is different than the transferor

 

    L-7B-4

     

    

 

	By:	 	 
	 	Name:	 
	 	Title:	 

 

CITIGROUP
COMMERCIAL MORTGAGE SECURITIES INC.

 

	By:	 	 
	 	Name:	 
	 	Title:	 

  

    L-7B-5

     

    

EXHIBIT
M-1A

FORM OF INVESTOR CERTIFICATION FOR NON-BORROWER PARTY

(FOR PERSONS OTHER THAN THE CONTROLLING CLASS REPRESENTATIVE 

AND/OR A CONTROLLING CLASS CERTIFICATEHOLDER)

 

[Date]

 

	KeyBank
National Association

                                                                                                                as
Master Servicer and Special Servicer

                                                                                                                11501
Outlook Street, Suite 300

Overland Park, Kansas 66211

Attention: Michael A. Tilden and Alan Williams

Email: michael_a_tilden@keybank.com; keybank_notices@keybank.com 

        Fax:
877-379-1625

         

        With
        a copies to:

         

        Polsinelli 

        900
West 48th Place, Suite 900 

        Kansas
City, Missouri 64112 

        Attention:
Kraig Kohring 

        Email:
kkohring@polsinelli.com 

        fax
number (816) 753-1536 
	Wilmington
Trust, National Association, 

        as
Trustee 

        1100
North Market Street 

        Wilmington,
Delaware 19890 

        Attention:
CMBS Trustee – Benchmark 2022-B35 

        Email:
cmbstrustee@wilmingtontrust.com 

	 	 
	Computershare
Trust Company, National Association,

   as Certificate Administrator 

        9062
Old Annapolis Road 

        Columbia,
Maryland 21045 

        Attention:
Corporate Trust Services – Benchmark 2022-B35 

         

        with
a copy to: 

        cts.cmbs.bond.admin@wellsfargo.com 

        trustadministrationgroup@wellsfargo.com 
	Park
Bridge Lender Services LLC

    as Operating Advisor and Asset Representations Reviewer

600 Third Avenue, 40th Floor 

        New
York, New York 10016 

        Attention:
Benchmark 2022-B35— Surveillance Manager 

        (with
a copy sent contemporaneously via 

        email
to cmbs.notices@parkbridgefinancial.com)

	 	 

		Re:	Benchmark
2022-B35 Mortgage Trust, Commercial Mortgage

Pass-Through Certificates, Series 2022-B35                                           

 

In
accordance with the requirements for obtaining certain information under the Pooling and Servicing Agreement, dated as of May
1, 2022 (the “Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National
Association, as Master 

    M-1A-1

     

    

 

Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor and as Asset Representations
Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington Trust, National Association,
as Trustee, with respect to the above-referenced certificates (the “Certificates”), the undersigned hereby
certifies and agrees as follows:

 

1.       The
undersigned is [the][a][an] [[investment advisor or manager of a][Certificateholder][Certificate Owner][prospective purchaser]
of the Class ___ Certificates] [Uncertificated VRR Interest Owner][prospective purchaser of the Uncertificated VRR Interest-[__]]
[Risk Retention Consultation Party][Serviced Companion Loan Holder][Companion Loan Holder Representative], and is neither the
Controlling Class Representative nor a Controlling Class Certificateholder.

 

2.       The
undersigned has received a copy of the Prospectus.20

 

3.       The
undersigned is not a Borrower Party.

 

4.       The
undersigned is requesting access pursuant to the Agreement to certain information (the “Information”) on the
[Master Servicer’s website][Certificate Administrator’s Website] and/or is requesting the information identified on
the schedule attached hereto (also, the “Information”) pursuant to the provisions of the Agreement.

 

In
consideration of the disclosure to the undersigned of the Information, or the access thereto, the undersigned will keep the Information
confidential (except from such outside persons as are assisting it in making an evaluation in connection with its holding or purchasing
the related Certificates or the related Companion Loan (as and if applicable), from its accountants and attorneys, and otherwise
from such governmental or banking authorities or agencies to which the undersigned is subject and, if they execute and deliver
a certification substantially similar to this, except from holders, beneficial owners and prospective purchasers of any related
Companion Loan Securities (if applicable)), and such Information will not, without the prior written consent of the Trustee, be
otherwise disclosed by the undersigned or by its officers, directors, partners, employees, agents or representatives (collectively,
the “Representatives”) in any manner whatsoever, in whole or in part, unless required to do so by law.

 

The
undersigned will not use or disclose the Information in any manner which could result in a violation of any provision of the Securities
Act of 1933, as amended (the “Securities Act”), or the Securities Exchange Act of 1934, as amended, or would
require registration of any Certificate not previously registered pursuant to Section 5 of the Securities Act.

 

5.       The
undersigned shall be fully liable for any breach of this agreement by itself or any of its Representatives and shall indemnify
the Depositor, the Operating Advisor, the Asset Representations Reviewer, the Certificate Administrator, the Trustee, the Master
Servicer, the Special Servicer and the Trust Fund for any loss, liability or expense incurred thereby with respect to any such
breach by the undersigned or any of its Representatives.

 

 

20
Only required for a Certificateholder, a Certificate Owner, an Uncertificated VRR Interest Owner, a Risk Retention Consultation
Party or a prospective purchaser of a Certificate (or an investment advisor or manager of the foregoing). 

    M-1A-2

     

    

 

6.       The
undersigned agrees that each time it accesses the [Master Servicer’s website][Certificate Administrator’s Website],
the undersigned is deemed to have recertified that the representations and covenants contained herein remain true and correct.

 

7.       Capitalized
terms used but not defined herein shall have the respective meanings assigned thereto in the Agreement.

 

BY
ITS CERTIFICATION HEREOF, the undersigned has made the representations above and shall have caused, or shall be deemed to have
caused, its name to be signed hereto by its duly authorized signatory, as of the day and year written above.

 

	 	[[Investment advisor or manager of a]

                                            [Certificateholder][Certificate Owner]

                                            [Uncertificated VRR Interest Owner]

                                            [Prospective Purchaser][Risk Retention 

Consultation Party][Serviced Companion Loan 

Holder][Companion Loan Holder 

Representative]

 

		By:	

		Name:	

		Title:	

		Company:	

		Phone:	

 

    M-1A-3

     

    

EXHIBIT
M-1B

FORM OF INVESTOR CERTIFICATION FOR NON-BORROWER PARTY

(FOR THE CONTROLLING CLASS REPRESENTATIVE AND/OR A CONTROLLING 

CLASS CERTIFICATEHOLDER)

 

[Date]

 

	KeyBank
National Association

                                                                                                                as
Master Servicer and Special Servicer

                                                                                                                11501
Outlook Street, Suite 300

Overland Park, Kansas 66211

Attention: Michael A. Tilden and Alan Williams

Email: michael_a_tilden@keybank.com; keybank_notices@keybank.com

        Fax:
        877-379-1625

         

        With
        a copies to:

         

        Polsinelli 

        900
West 48th Place, Suite 900 

        Kansas
City, Missouri 64112 

        Attention:
Kraig Kohring 

        Email:
kkohring@polsinelli.com 

        fax
number (816) 753-1536 
	Wilmington
Trust, National Association, 

        as
Trustee 

        1100
North Market Street 

        Wilmington,
Delaware 19890 

        Attention:
CMBS Trustee – Benchmark 2022-B35 

        Email:
cmbstrustee@wilmingtontrust.com 

	 	 
	Computershare
Trust Company, National Association,

                                                                                                    as
Certificate Administrator 

                                                                                                    9062
Old Annapolis Road 

        Columbia,
Maryland 21045 

        Attention:
Corporate Trust Services – Benchmark 2022-B35

         

        with
a copy to: 

        cts.cmbs.bond.admin@wellsfargo.com 

        trustadministrationgroup@wellsfargo.com
	Park
                                         Bridge Lender Services LLC

                                                                                                                as Operating Advisor and Asset Representations Reviewer

                                                                                                                600
Third Avenue, 40th Floor 

        New
York, New York 10016 

        Attention:
Benchmark 2022-B35— Surveillance Manager 

        (with
a copy sent contemporaneously via 

        email
to cmbs.notices@parkbridgefinancial.com) 

	 	 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust, Commercial Mortgage

                                         Pass-Through Certificates, Series 2022-B35                                    

 

In
accordance with the requirements for obtaining certain information under the Pooling and Servicing Agreement, dated as of May
1, 2022 (the “Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National
Association, as Master 

    M-1B-1

     

    

 

Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor and as Asset Representations
Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington Trust, National Association,
as Trustee, with respect to the above-referenced certificates (the “Certificates”), the undersigned hereby
certifies and agrees as follows:

 

1.       The
undersigned is [the Controlling Class Representative][a Controlling Class Certificateholder]

 

2.       The
undersigned is not a Borrower Party.

 

3.       The
undersigned is requesting access pursuant to the Agreement to certain information (the “Information”) on the
Certificate Administrator’s Website.

 

In
consideration of the disclosure to the undersigned of the Information, or the access thereto, the undersigned will keep the Information
confidential (except from such outside persons as are assisting it in making an evaluation in connection with its holding or purchasing
the related Certificates, from its accountants and attorneys, and otherwise from such governmental or banking authorities or agencies
to which the undersigned is subject), and such Information will not, without the prior written consent of the Trustee, be otherwise
disclosed by the undersigned or by its officers, directors, partners, employees, agents or representatives (collectively, the
“Representatives”) in any manner whatsoever, in whole or in part, unless required to do so by law.

 

The
undersigned will not use or disclose the Information in any manner which could result in a violation of any provision of the Securities
Act of 1933, as amended (the “Securities Act”), or the Securities Exchange Act of 1934, as amended, or would
require registration of any Certificate not previously registered pursuant to Section 5 of the Securities Act.

 

4.       The
undersigned shall be fully liable for any breach of this agreement by itself or any of its Representatives and shall indemnify
the Depositor, the Operating Advisor, the Asset Representations Reviewer, the Certificate Administrator, the Trustee, the Master
Servicer, the Special Servicer and the Trust Fund for any loss, liability or expense incurred thereby with respect to any such
breach by the undersigned or any of its Representatives.

 

5.       At
any time the undersigned becomes a Borrower Party with respect to any Mortgage Loan, the undersigned shall deliver the certification
attached as Exhibit M-1C to the Agreement and shall deliver to the applicable parties the notices attached as Exhibit M-1F and
Exhibit M-1G to the Agreement.

 

6.       To
the extent the undersigned receives access to any Excluded Information on the Certificate Administrator’s Website or otherwise
receives access to such Excluded Information, the undersigned hereby agrees that it (i) will not directly or indirectly provide
such Excluded Information to (A) any related Borrower Party, (B) any Excluded Controlling Class Holder, (C) any employees or personnel
of the undersigned, (D) any Affiliate involved in the management of any investment in any related Borrower Party or the related
Mortgaged Property or (E) to its actual knowledge, any non-Affiliate that holds a direct or indirect ownership interest in any
related Borrower Party, and (ii) will maintain sufficient internal controls and appropriate policies and procedures in place in
order to comply with the obligations described in clause (i) above.

 

    M-1B-2

     

    

 

7.       The
undersigned agrees that each time it accesses the Certificate Administrator’s Website, the undersigned is deemed to have
recertified that the representations and covenants contained herein remain true and correct.

 

8.       The
undersigned hereby certifies that an executed copy of this certification in paper form has been delivered in accordance with the
notice provisions of the Agreement to each of the addressees listed above (a) by overnight courier or (b) mailed by registered
mail, postage prepaid.

 

9.       Capitalized
terms used but not defined herein shall have the respective meanings assigned thereto in the Agreement.

 

BY
ITS CERTIFICATION HEREOF, the undersigned has made the representations above and shall have caused, or shall be deemed to have
caused, its name to be signed hereto by its duly authorized signatory, as of the day and year written above.

 

	 	[The Controlling Class Representative][a

Controlling Class Certificateholder]

 

		By:	

		Name:	

		Title:	

		Company:	

 

    M-1B-3

     

    

EXHIBIT
M-1C

FORM OF INVESTOR CERTIFICATION FOR BORROWER PARTY

(FOR THE CONTROLLING CLASS REPRESENTATIVE AND/OR A CONTROLLING 

CLASS CERTIFICATEHOLDER)

 

[Date]

 

	KeyBank
National Association

                                                                                                                as
Master Servicer and Special Servicer

                                                                                                                11501
Outlook Street, Suite 300

Overland Park, Kansas 66211

Attention: Michael A. Tilden and Alan Williams

Email: michael_a_tilden@keybank.com;

                                                                                                                keybank_notices@keybank.com 

        Fax:
        877-379-1625

         

        With
        a copies to:

         

        Polsinelli

        900
West 48th Place, Suite 900

        Kansas
City, Missouri 64112

        Attention:
Kraig Kohring

        Email:
kkohring@polsinelli.com

        fax
number (816) 753-1536
	Wilmington
Trust, National Association,

        as
Trustee

        1100
North Market Street

        Wilmington,
Delaware 19890

        Attention:
CMBS Trustee – Benchmark 2022-B35

        Email:
cmbstrustee@wilmingtontrust.com

	 	 
	Computershare
Trust Company, National Association,

                                                                                                    as Certificate Administrator 

                                                                                                    9062 Old Annapolis
Road 

        Columbia,
Maryland 21045 

        Attention:
Corporate Trust Services – Benchmark 2022-B35 

         

        with
a copy to: 

        cts.cmbs.bond.admin@wellsfargo.com 

        trustadministrationgroup@wellsfargo.com 
	Park
                                         Bridge Lender Services LLC

                                                                                                    as Operating Advisor and Asset Representations Reviewer

                                                                                                    600
Third Avenue, 40th Floor 

        New
York, New York 10016 

        Attention:
Benchmark 2022-B35— Surveillance Manager 

        (with
a copy sent contemporaneously via 

        email
to cmbs.notices@parkbridgefinancial.com)

	 	 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust, Commercial Mortgage

                                         Pass-Through Certificates, Series 2022-B35                                  

 

In
accordance with the requirements for obtaining certain information under the Pooling and Servicing Agreement, dated as of May
1, 2022 (the “Agreement”), between Citigroup 

    M-1C-1

     

    

 

Commercial Mortgage Securities Inc., as Depositor, KeyBank National
Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor and as Asset Representations
Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington Trust, National Association,
as Trustee, with respect to the above-referenced certificates (the “Certificates”), the undersigned hereby
certifies and agrees as follows:

 

1.       The
undersigned is [the Controlling Class Representative][a Controlling Class Certificateholder].

 

2.       The
undersigned is a Borrower Party with respect to the following Mortgage Loans (the “Excluded Controlling Class Mortgage
Loans”):

 

	Mortgage
    Loan Number	Loan
    Name	Borrower
    Name
	 	 	 
	 	 	 
	 	 	 

 

3.       Except
with respect to the Excluded Controlling Class Mortgage Loans, the undersigned is requesting access pursuant to the Agreement
to certain information (the “Information”) on the Certificate Administrator’s Website.

 

In
consideration of the disclosure to the undersigned of the Information, or the access thereto, the undersigned will keep the Information
confidential (except from such outside persons as are assisting it in making an evaluation in connection with its holding or purchasing
the related Certificates, from its accountants and attorneys, and otherwise from such governmental or banking authorities or agencies
to which the undersigned is subject), and such Information will not, without the prior written consent of the Trustee, be otherwise
disclosed by the undersigned or by its officers, directors, partners, employees, agents or representatives (collectively, the
“Representatives”) in any manner whatsoever, in whole or in part, unless required to do so by law.

 

The
undersigned will not use or disclose the Information in any manner which could result in a violation of any provision of the Securities
Act of 1933, as amended (the “Securities Act”), or the Securities Exchange Act of 1934, as amended, or would
require registration of any Certificate not previously registered pursuant to Section 5 of the Securities Act.

 

4.       The
undersigned hereby acknowledges and agrees that it is prohibited from accessing, reviewing and using, and shall not access, review
or use, Excluded Information (as defined in the Agreement) relating to the Excluded Controlling Class Mortgage Loans to the extent
the undersigned receives access to such Excluded Information on the Certificate Administrator’s Website or otherwise receives
access to such Excluded Information in connection with its duties, or exercise of its rights pursuant to the Agreement.

 

5.       The
undersigned shall be fully liable for any breach of this agreement by itself or any of its Representatives and shall indemnify
the Depositor, the Operating Advisor, the Asset Representations Reviewer, the Certificate Administrator, the Trustee, the Master
Servicer, the Special Servicer and the Trust Fund for any loss, liability or expense incurred thereby with respect to any such
breach by the undersigned or any of its Representatives.

 

    M-1C-2

     

    

 

6.       To
the extent the undersigned receives access to any Excluded Information on the Certificate Administrator’s Website or otherwise
receives access to such Excluded Information, the undersigned hereby agrees that it (i) will not directly or indirectly provide
such Excluded Information to (A) any related Borrower Party, (B) any Excluded Controlling Class Holder, (C) any employees or personnel
of the undersigned, (D) any Affiliate involved in the management of any investment in any related Borrower Party or the related
Mortgaged Property or (E) to its actual knowledge, any non-Affiliate that holds a direct or indirect ownership interest in any
related Borrower Party, and (ii) will maintain sufficient internal controls and appropriate policies and procedures in place in
order to comply with the obligations described in clause (i) above.

 

7.       The
undersigned agrees that each time it accesses the Certificate Administrator’s Website, the undersigned is deemed to have
recertified that the representations and covenants contained herein remain true and correct.

 

8.       The
undersigned hereby certifies that an executed copy of this certification in paper form has been delivered in accordance with the
notice provisions of the Agreement to each of the addressees listed above (a) by overnight courier or (b) mailed by registered
mail, postage prepaid.

 

9.       Capitalized
terms used but not defined herein shall have the respective meanings assigned thereto in the Agreement.

 

BY
ITS CERTIFICATION HEREOF, the undersigned has made the representations above and shall have caused, or shall be deemed to have
caused, its name to be signed hereto by its duly authorized signatory, as of the day and year written above.

 

	 	[The Controlling Class Representative] [a

Controlling Class Certificateholder]

 

		By:	

		Name:	

		Title:	

		Company:	

 

    M-1C-3

     

    

EXHIBIT
M-1D

 

FORM
OF INVESTOR CERTIFICATION for Borrower PartY

(for Persons other than the CONTROLLING CLASS REPRESENTATIVE, a 

Controlling Class Certificateholder,
A RISK RETENTION 

CONSULTATION PARTY, A HOLDER OF CLASS VRR CERTIFICATE(S) AND/OR 

AN UNCERTIFICATED VRR INTEREST
OWNER)

 

[Date]

 

	KeyBank
National Association

                                                                                                                as
Master Servicer and Special Servicer

                                                                                                                11501 Outlook Street, Suite 300

Overland Park, Kansas 66211

Attention: Michael A. Tilden and Alan Williams

Email: michael_a_tilden@keybank.com;

                                                                                                                keybank_notices@keybank.com 

        Fax:
        877-379-1625

         

        With
        a copies to:

         

        Polsinelli 

        900
West 48th Place, Suite 900 

        Kansas
City, Missouri 64112 

        Attention:
Kraig Kohring 

        Email:
kkohring@polsinelli.com 

        fax
number (816) 753-1536
	Wilmington
Trust, National Association,

        as
Trustee 

        1100
North Market Street 

        Wilmington,
Delaware 19890 

        Attention:
CMBS Trustee – Benchmark 2022-B35 

        Email:
cmbstrustee@wilmingtontrust.com 

	 	 
	Computershare
Trust Company, National Association,

as Certificate Administrator 

        9062
Old Annapolis Road 

        Columbia,
Maryland 21045 

        Attention:
Corporate Trust Services – Benchmark 2022-B35 

         

        with
a copy to: 

        cts.cmbs.bond.admin@wellsfargo.com 

        trustadministrationgroup@wellsfargo.com
	Park
                                         Bridge Lender Services LLC

                                                                                                    as Operating Advisor and Asset Representations Reviewer

                                                                                                    600
Third Avenue, 40th Floor 

        New
York, New York 10016 

        Attention:
Benchmark 2022-B35— Surveillance Manager 

        (with
a copy sent contemporaneously via 

        email
to cmbs.notices@parkbridgefinancial.com)

	 	 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35          

 

    M-1D-1

     

    

 

In
accordance with the requirements for obtaining certain information under the Pooling and Servicing Agreement, dated as of May
1, 2022 (the “Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National
Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor and as Asset Representations
Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington Trust, National Association,
as Trustee, with respect to the above-referenced certificates (the “Certificates”), the undersigned hereby
certifies and agrees as follows:

 

1.       The
undersigned is [the][a] [[investment advisor or manager of a][Certificateholder][Certificate Owner][prospective purchaser] of
the Class ___ Certificates][Serviced Companion Loan Holder][Companion Loan Holder Representative].

 

2.       The
undersigned is neither the Controlling Class Representative nor a Controlling Class Certificateholder.

 

3.       The
undersigned is not a Risk Retention Consultation Party and is neither a Holder of any Class VRR Certificate nor an Uncertificated
VRR Interest Owner.

 

4.       The
undersigned has received a copy of the Prospectus.21

 

5.       The
undersigned is a Borrower Party.

 

6.       The
undersigned is requesting access pursuant to the Agreement to the Distribution Date Statement (the “Information”)
on the Certificate Administrator’s Website.

 

In
consideration of the disclosure to the undersigned of the Information, or the access thereto, the undersigned will keep the Information
confidential (except from such outside persons as are assisting it in making an evaluation in connection with its holding or purchasing
the related Certificates or the related Companion Loan (as and if applicable), from its accountants and attorneys, and otherwise
from such governmental or banking authorities or agencies to which the undersigned is subject and, if they execute and deliver
a certification substantially similar to this, except from holders, beneficial owners and prospective purchasers of any related
Companion Loan Securities (if applicable)), and such Information will not, without the prior written consent of the Trustee, be
otherwise disclosed by the undersigned or by its officers, directors, partners, employees, agents or representatives (collectively,
the “Representatives”) in any manner whatsoever, in whole or in part, unless required to do so by law.

 

The
undersigned will not use or disclose the Information in any manner which could result in a violation of any provision of the Securities
Act of 1933, as amended (the “Securities Act”), or the Securities Exchange Act of 1934, as amended, or would
require registration of any Certificate not previously registered pursuant to Section 5 of the Securities Act.

 

 

21
Only required for a Certificateholder, a Certificate Owner or a prospective purchaser of a Certificate (or an investment
advisor or manager of the foregoing). 

    M-1D-2

     

    

 

7.       The
undersigned shall be fully liable for any breach of this agreement by itself or any of its Representatives and shall indemnify
the Depositor, the Operating Advisor, the Asset Representations Reviewer, the Certificate Administrator, the Trustee, the Master
Servicer, the Special Servicer and the Trust Fund for any loss, liability or expense incurred thereby with respect to any such
breach by the undersigned or any of its Representatives.

 

8.       The
undersigned agrees that each time it accesses the Certificate Administrator’s Website, the undersigned is deemed to have
recertified that the representations and covenants contained herein remain true and correct.

 

9.       The
undersigned hereby certifies that an executed copy of this certification in paper form has been delivered in accordance with the
notice provisions of the Agreement to each of the addressees listed above (a) by overnight courier or (b) mailed by registered
mail, postage prepaid.

 

10.       Capitalized
terms used but not defined herein shall have the respective meanings assigned thereto in the Agreement.

 

BY
ITS CERTIFICATION HEREOF, the undersigned has made the representations above and shall have caused, or shall be deemed to have
caused its name to be signed hereto by its duly authorized signatory, as of the day and year written above.

 

	 	[[Investment
advisor or manager of a]

[Certificateholder][Certificate 

Owner][Prospective Purchaser]]

[Serviced Companion Loan Holder][Companion 

Loan Holder Representative]

 

		By:	

		Name:	

		Title:	

		Company:	

		Phone:	

 

    M-1D-3

     

    

EXHIBIT
M-1E

 

FORM
OF INVESTOR CERTIFICATION for Borrower PartY

(for A Risk Retention Consultation Party, a Holder of Class VRR 

Certificate(S) OR an
UNCERTIFICATED VRR INTEREST OWNER)

 

[Date]

 

	KeyBank
National Association

                                                                                                                as
Master Servicer and Special Servicer

                                                                                                                11501 Outlook Street, Suite 300

Overland Park, Kansas 66211

Attention: Michael A. Tilden and Alan Williams

Email: michael_a_tilden@keybank.com;

                                                                                                                keybank_notices@keybank.com

        Fax:
        877-379-1625

         

        With
        a copies to:

         

        Polsinelli

        900
West 48th Place, Suite 900 

        Kansas
City, Missouri 64112

        Attention:
Kraig Kohring

        Email:
kkohring@polsinelli.com 

        fax
number (816) 753-1536
	Wilmington
Trust, National Association,

        as
Trustee

        1100
North Market Street

        Wilmington,
Delaware 19890 

        Attention:
CMBS Trustee – Benchmark 2022-B35 

        Email:
        cmbstrustee@wilmingtontrust.com

         

	 	 
	Computershare
                                         Trust Company, National Association,

                                                                                                    as
Certificate Administrator

                                                                                                    9062
Old Annapolis Road

        Columbia,
Maryland 21045

        Attention:
Corporate Trust Services – Benchmark 2022-B35 

         

        with
a copy to: 

        cts.cmbs.bond.admin@wellsfargo.com

        trustadministrationgroup@wellsfargo.com
	Park
Bridge Lender Services LLC

as Operating Advisor and Asset Representations Reviewer

600 Third Avenue, 40th Floor 

        New
York, New York 10016 

        Attention:
Benchmark 2022-B35— Surveillance Manager 

        (with
a copy sent contemporaneously via 

        email
to cmbs.notices@parkbridgefinancial.com) 

	 	 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through

 Certificates, Series 2022-B35                                                                  

 

In
accordance with the requirements for obtaining certain information under the Pooling and Servicing Agreement, dated as of May
1, 2022 (the “Agreement”), between Citigroup 

    M-1E-1

     

    

 

Commercial Mortgage Securities Inc., as Depositor, KeyBank National
Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor and as Asset Representations
Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington Trust, National Association,
as Trustee, with respect to the above-referenced certificates (the “Certificates”), the undersigned hereby
certifies and agrees as follows:

 

1.       The
undersigned is a Risk Retention Consultation Party, a Holder of the Class VRR Certificates or an Uncertificated VRR Interest Owner.

 

2.       The
undersigned has received a copy of the Prospectus.

 

3.       The
undersigned is a Borrower Party.

 

4.       The
undersigned is requesting access pursuant to the Agreement to the Distribution Date Statement (the “Information”)
on the Certificate Administrator’s Website.

 

In
consideration of the disclosure to the undersigned of the Information, or the access thereto, the undersigned will keep the Information
confidential (except from such outside persons as are assisting it in making an evaluation in connection with its holding or purchasing
the related Certificates or the related Companion Loan (as and if applicable), from its accountants and attorneys, and otherwise
from such governmental or banking authorities or agencies to which the undersigned is subject and, if they execute and deliver
a certification substantially similar to this, except from holders, beneficial owners and prospective purchasers of any related
Companion Loan Securities (if applicable)), and such Information will not, without the prior written consent of the Trustee, be
otherwise disclosed by the undersigned or by its officers, directors, partners, employees, agents or representatives (collectively,
the “Representatives”) in any manner whatsoever, in whole or in part, unless required to do so by law.

 

The
undersigned will not use or disclose the Information in any manner which could result in a violation of any provision of the Securities
Act of 1933, as amended (the “Securities Act”), or the Securities Exchange Act of 1934, as amended, or would
require registration of any Certificate not previously registered pursuant to Section 5 of the Securities Act.

 

5.       To
the extent undersigned receives access pursuant to the Agreement to any information relating to an Excluded RRCP Mortgage Loan
(or a Mortgage Loan with respect to which the undersigned is otherwise a Borrower Party) and/or the related Mortgaged Property
(which shall include any Major Decision Reporting Package, Asset Status Reports, Final Asset Status Reports (or summaries thereof),
inspection reports related to Specially Serviced Loans conducted by the Special Servicer or any Excluded Mortgage Loan Special
Servicer and which may include any Operating Advisor reports delivered to the Certificate Administrator regarding the Special
Servicer’s net present value determination, Collateral Deficiency Amount determination or any Appraisal Reduction Amount
calculations, and any Officer’s Certificates delivered by the Trustee, the Master Servicer or the Special Servicer, supporting
any determination that any Advance was (or, if made, would be) a Nonrecoverable Advance, but in each case other than information
with respect to such Mortgage Loan that is aggregated with 

    M-1E-2

     

    

 

information of other Mortgage Loans at a pool level), whether on the
Certificate Administrator’s Website or otherwise, the undersigned hereby agrees that it (i) will not provide any such information
to (A) any related Borrower Party, (B) any employees or personnel of the undersigned or any of its Affiliates involved in the
management of any investment in the related Borrower Party or the related Mortgaged Property or (C) to its actual knowledge, any
non-Affiliate that holds a direct or indirect ownership interest in the related Borrower Party, and (ii) will maintain sufficient
internal controls and appropriate policies and procedures in place in order to comply with the limitations described in clause
(i) above. For the avoidance of doubt, any file or report contained in the CREFC® Investor Reporting Package
(CREFC® IRP) (other than the CREFC® Special Servicer Loan File relating to any such Excluded Mortgage
Loan) shall be considered information that is aggregated with information of other Mortgage Loans at a pool level.

 

6.       The
undersigned shall be fully liable for any breach of this agreement by itself or any of its Representatives and shall indemnify
the Depositor, the Operating Advisor, the Asset Representations Reviewer, the Certificate Administrator, the Trustee, the Master
Servicer, the Special Servicer and the Trust Fund for any loss, liability or expense incurred thereby with respect to any such
breach by the undersigned or any of its Representatives.

 

7.       The
undersigned agrees that each time it accesses the Certificate Administrator’s Website, the undersigned is deemed to have
recertified that the representations and covenants contained herein remain true and correct.

 

8.       The
undersigned hereby certifies that an executed copy of this certification in paper form has been delivered in accordance with the
notice provisions of the Agreement to each of the addressees listed above (a) by overnight courier or (b) mailed by registered
mail, postage prepaid.

 

9.       Capitalized
terms used but not defined herein shall have the respective meanings assigned thereto in the Agreement.

 

BY
ITS CERTIFICATION HEREOF, the undersigned has made the representations above and shall have caused, or shall be deemed to have
caused its name to be signed hereto by its duly authorized signatory, as of the day and year written above.

 

	 	[Risk
Retention Consultation Party][Holder of Class 

VRR Certificate(s)] [Uncertificated VRR 

Interest Owner]

 

		By:	

		Name:	

		Title:	

		Company:	

		Phone:	

 

    M-1E-3

     

    

EXHIBIT
M-1F

 

FORM
OF NOTICE OF EXCLUDED CONTROLLING CLASS HOLDER

 

[Date]

 

	KeyBank
National Association

                                                                                                                as
Master Servicer and Special Servicer

                                                                                                                11501 Outlook Street, Suite 300

Overland Park, Kansas 66211

Attention: Michael A. Tilden and Alan Williams

Email: michael_a_tilden@keybank.com;

                                                                                                                keybank_notices@keybank.com

        Fax:
        877-379-1625

         

        With
        a copies to:

         

        Polsinelli 

        900
West 48th Place, Suite 900 

        Kansas
City, Missouri 64112 

        Attention:
Kraig Kohring 

        Email:
kkohring@polsinelli.com 

        fax
number (816) 753-1536 
	Wilmington
Trust, National Association, 

        as
Trustee 

        1100
North Market Street 

        Wilmington,
Delaware 19890 

        Attention:
CMBS Trustee – Benchmark 2022-B35 

        Email:
cmbstrustee@wilmingtontrust.com 

	 	 
	Computershare
Trust Company, National Association,

                                                                                                    as Certificate Administrator

                                                                                                    9062
Old Annapolis Road 

        Columbia,
Maryland 21045 

        Attention:
        Corporate Trust Services – Benchmark 2022-B35

         

        with
a copy to: 

        cts.cmbs.bond.admin@wellsfargo.com 

        trustadministrationgroup@wellsfargo.com 
	Park
                                         Bridge Lender Services LLC

                                                                                                    as Operating Advisor and Asset Representations Reviewer

                                                                                                    600
Third Avenue, 40th Floor 

        New
York, New York 10016 

        Attention:
Benchmark 2022-B35— Surveillance Manager 

        (with
a copy sent contemporaneously via 

        email
to cmbs.notices@parkbridgefinancial.com)

	 	 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through 

Certificates, Series 2022-B35                                                                                 

 

THIS
NOTICE IDENTIFIES AN “EXCLUDED CONTROLLING CLASS MORTGAGE LOAN” RELATING TO THE
Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35,

 

    M-1F-1

     

    

 

REQUIRING ACTION BY
YOU AS THE RECIPIENT PURSUANT TO SECTION 4.02(A) OF THE POOLING AND SERVICING AGREEMENT.

 

In
accordance with Section 4.02(a) of the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Agreement”),
between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association, as Master Servicer and as Special
Servicer, Park Bridge Lender Services LLC, as Operating Advisor and as Asset Representations Reviewer, Computershare Trust Company,
National Association, as Certificate Administrator, and Wilmington Trust, National Association, as Trustee, with respect to the
above-referenced certificates (the “Certificates”), the undersigned (the “Excluded Controlling Class
Holder”) hereby certifies and agrees as follows:

 

1.       The
undersigned is [the Controlling Class Representative] [a Controlling Class Certificateholder] as of the date hereof.

 

2.       The
undersigned has become an Excluded Controlling Class Holder with respect to the following [Mortgage Loan(s)][and][Loan Combination(s)]
(“Excluded Controlling Class Mortgage Loans”):

 

	Mortgage
    Loan Number	Loan
    Name	Borrower
    Name
	 	 	 
	 	 	 
	 	 	 

 

3.       As
of the date above, the undersigned is the beneficial owner of the following Certificates, and is providing the below information
to the addressees hereto for purposes of their compliance with the Pooling and Servicing Agreement, including, among other things,
the Certificate Administrator’s determination as to whether a Consultation Termination Event or Control Termination Event
is in effect with respect to the Excluded Controlling Class Mortgage Loans listed in paragraph 2 if any such Mortgage Loan is
an Excluded Mortgage Loan:

 

	CUSIP	Class	Outstanding
    Certificate Balance	Initial
    Certificate Balance
	 	 	 	 
	 	 	 	 
	 	 	 	 

 

    M-1F-2

     

    

 

4.       The
undersigned is simultaneously providing notice to the Certificate Administrator in the form of Exhibit M-1G to the Pooling and
Servicing Agreement, requesting termination of access to any Excluded Information. The undersigned acknowledges that it is not
permitted to access and shall not access any Excluded Information related to the Excluded Controlling Class Mortgage Loans and
made available on the Certificate Administrator’s Website or otherwise pursuant to the Agreement unless and until it (i)
is no longer an Excluded Controlling Class Holder with respect to such Excluded Controlling Class Mortgage Loans, (ii) has delivered
notice of the termination of the related Excluded Controlling Class Holder status and (iii) has submitted a new Investor Certification
in accordance with Section 4.02(a) of the Agreement.

 

5.       The
undersigned agrees to indemnify and hold harmless each party to the Agreement, the Underwriters, the Initial Purchasers and the
Trust Fund from any damage, loss, cost or liability (including legal fees and expenses and the cost of enforcing this indemnity)
arising out of or resulting from any unauthorized access by the undersigned or any agent, employee, representative or person acting
on its behalf of any Excluded Information relating to the Excluded Controlling Class Mortgage Loans listed in Paragraph 2 above.

 

6.       The
undersigned agrees that each time it accesses the Certificate Administrator’s Website, the undersigned is deemed to have
recertified that the representations and covenants contained herein remain true and correct.

 

7.       Except
with respect to the Excluded Controlling Class Mortgage Loans, the undersigned is requesting access pursuant to the Agreement
to certain information (the “Information”) on the Certificate Administrator’s Website. In consideration
of the disclosure to the undersigned of the Information, or the access thereto, the undersigned will keep the Information confidential
(except from such outside persons as are assisting it in making an evaluation in connection with its holding or purchasing the
related Certificates, from its accountants and attorneys, and otherwise from such governmental or banking authorities or agencies
to which the undersigned is subject), and such Information will not, without the prior written consent of the Trustee, be otherwise
disclosed by the undersigned or by its officers, directors, partners, employees, agents or representatives (collectively, the
“Representatives”) in any manner whatsoever, in whole or in part, unless required to do so by law. The undersigned
will not use or disclose the Information in any manner which could result in a violation of any provision of the Securities Act
of 1933, as amended (the “Securities Act”), or the Securities Exchange Act of 1934, as amended, or would require
registration of any Certificate not previously registered pursuant to Section 5 of the Securities Act.

 

8.       To
the extent the undersigned receives access to any Excluded Information on the Certificate Administrator’s Website or otherwise
receives access to such Excluded Information, the undersigned hereby agrees that it (i) will not directly or indirectly provide
such Excluded Information to (A) any related Borrower Party, (B) any Excluded Controlling Class Holder, (C) any employees or personnel
of the undersigned, (D) any Affiliate involved in the management of any investment in any related Borrower Party or the related
Mortgaged Property or (E) to its actual knowledge, any non-Affiliate that holds a direct or indirect ownership interest in any
related Borrower Party, and (ii) will maintain sufficient internal controls and appropriate

 

    M-1F-3

     

    

 

policies and procedures in place in
order to comply with the obligations described in clause (i) above.

 

9.       The
undersigned hereby certifies that an executed copy of this certification in paper form has been delivered in accordance with the
notice provisions of the Agreement to each of the addressees listed above (a) by overnight courier or (b) mailed by registered
mail, postage prepaid.

 

Capitalized
terms used but not defined herein have the respective meanings given to them in the Agreement.

 

IN
WITNESS WHEREOF, the undersigned has made the representations above and shall have caused, or shall be deemed to have caused,
its name to be signed hereto by its duly authorized signatory, as of the day and year written above.

 

	 	[Controlling Class Representative][a Controlling

                    Class Certificateholder]

	 	 	 	 
	 	 	By: 	 
	 	 	 	Name:
	 	 	 	Title:
	 	 	 	Phone:
	 	 	 	Email:
	 	 	 	Address:

 

    M-1F-4

     

    

EXHIBIT
M-1G

 

FORM
OF NOTICE OF EXCLUDED CONTROLLING CLASS HOLDER TO 

CERTIFICATE ADMINISTRATOR

 

[Date]

 

	Via:
                                         Email

                                         Computershare Trust Company, National

                                                                                                                Association 

        9062
Old Annapolis Road 

        Columbia,
Maryland 21045 

        Attention:
Corporate Trust Services – Benchmark 2022-B35 

         

        with
a copy to: 

        cts.cmbs.bond.admin@wellsfargo.com 

        trustadministrationgroup@wellsfargo.com 
	 

 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust, Commercial Mortgage

                                         Pass-Through Certificates, Series 2022-B35                               

 

In
accordance with Section 4.02(a) of the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Agreement”),
between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association, as Master Servicer and as Special
Servicer, Park Bridge Lender Services LLC, as Operating Advisor and as Asset Representations Reviewer, Computershare Trust Company,
National Association, as Certificate Administrator, and Wilmington Trust, National Association, as Trustee, with respect to the
above-referenced certificates (the “Certificates”), the undersigned (the “Excluded Controlling Class
Holder”) hereby directs you as follows:

 

1.       The
undersigned is [the Controlling Class Representative] [a Controlling Class Certificateholder] as of the date hereof.

 

2.       The
undersigned has become an Excluded Controlling Class Holder with respect to the following [Mortgage Loan(s)][and][Loan Combination(s)]
(“Excluded Controlling Class Mortgage Loans”):

 

	Mortgage
    Loan Number	Loan
    Name	Borrower
    Name
	 	 	 
	 	 	 
	 	 	 

 

    M-1G-1

     

    

 

3.       The
following CTSLink USER IDs are affiliated with the undersigned and access to any information on the Certificate Administrator’s
Website with respect to the Benchmark 2022-B35 Mortgage Trust securitization should be revoked as to such users:

 

	 	 	 
	 	 	 
	 	 	 

 

4.       The
undersigned acknowledges that it is not permitted to access and shall not access any Excluded Information with respect to such
Excluded Controlling Class Mortgage Loan(s) on the Certificate Administrator’s Website unless and until it (i) is no longer
an Excluded Controlling Class Holder with respect to such Excluded Controlling Class Mortgage Loan(s), (ii) has delivered notice
of the termination of the related Excluded Controlling Class Holder status and (iii) has submitted an investor certification in
the form of Exhibit M-1B to the Pooling and Servicing Agreement.

 

Capitalized
terms used but not defined herein have the respective meanings given to them in the Agreement.

 

IN
WITNESS WHEREOF, the undersigned has made the representations above and shall have caused, or shall be deemed to have caused,
its name to be signed hereto by its duly authorized signatory, as of the day and year written above.

 

	 	[Controlling
Class Representative][a Controlling

                    Class Certificateholder]

	 	 	 	 
	 	 	By: 	         
	 	 	 	Name:
	 	 	 	Title:
	 	 	 	Phone:
	 	 	 	Email:
	 	 	 	Address:

 

Dated:
_______

 

cc:
Citigroup Commercial Mortgage Securities Inc.

 

    M-1G-2

     

    

 

The
undersigned hereby acknowledges that

access to CTSLink has been revoked for

the users listed in Paragraph 3.

 

Computershare
Trust Company, National Association, 

Certificate
Administrator

 

 

Name:

Title:

 

    M-1G-3

     

    

EXHIBIT
M-1H

 

Form
of Certification of the Controlling Class Representative

 

	KeyBank
National Association

                                                                                                                as
Master Servicer and Special Servicer

                                                                                                                11501 Outlook Street, Suite 300

Overland Park, Kansas 66211

Attention: Michael A. Tilden and Alan Williams

Email: michael_a_tilden@keybank.com;

                                                                                                                keybank_notices@keybank.com

        Fax:
        877-379-1625

         

        With
        a copies to:

         

        Polsinelli 

        900
West 48th Place, Suite 900 

        Kansas
City, Missouri 64112 

        Attention:
Kraig Kohring 

        Email:
kkohring@polsinelli.com 

        fax
number (816) 753-1536 
	Wilmington
Trust, National Association,

        as
Trustee

        1100
North Market Street

        Wilmington,
Delaware 19890

        Attention:
CMBS Trustee – Benchmark 2022-B35

        Email:
cmbstrustee@wilmingtontrust.com

	 	 
	Computershare
Trust Company, National Association,

                                                                                                    as Certificate Administrator

                                                                                                    9062
Old Annapolis Road 

        Columbia,
Maryland 21045 

        Attention:
Corporate Trust Services – Benchmark 2022-B35 

         

        with
a copy to: 

        cts.cmbs.bond.admin@wellsfargo.com 

        trustadministrationgroup@wellsfargo.com
	Park
Bridge Lender Services LLC

as Operating Advisor and Asset Representations Reviewer

600 Third Avenue, 40th Floor 

        New
York, New York 10016 

        Attention:
Benchmark 2022-B35— Surveillance Manager 

        (with
a copy sent contemporaneously via 

        email
to cmbs.notices@parkbridgefinancial.com)

	 	 

		Re:	Benchmark
2022-B35 Mortgage Trust, Commercial Mortgage

Pass-Through Certificates, Series 2022-B35                               

 

In
accordance with Section 6.09(d) of the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Agreement”),
between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association, as Master Servicer and as Special
Servicer, Park Bridge Lender Services LLC, as Operating Advisor and as Asset Representations Reviewer, Computershare Trust Company,
National Association, as Certificate Administrator, and

 

    M-1H-1

     

    

 

Wilmington Trust, National Association, as Trustee, with respect to the
above-referenced certificates (the “Certificates”), the undersigned hereby certifies and agrees as follows:

 

1.       The
undersigned has been appointed to act as the Controlling Class Representative. [The undersigned’s address for the purposes
of Section 12.04 of the Pooling and Servicing Agreement is as follows: [INSERT ADDRESS OF CONTROLLING CLASS REPRESENTATIVE]22.

 

2.       The
undersigned is not a Borrower Party.

 

3.       If
the undersigned becomes a Borrower Party with respect to any Mortgage Loan, the undersigned agrees to and shall deliver the certification
attached as Exhibit M-1C to the Pooling and Servicing Agreement and shall deliver to the applicable parties the notices attached
as Exhibit M-1F and Exhibit M-1G to the Pooling and Servicing Agreement.

 

4.       The
undersigned hereby certifies that an executed copy of this certification has been delivered to the Certificate Administrator (which
party is required to forward this notice to each of the other addressees listed above pursuant to Section 6.09(d) of the
Pooling and Servicing Agreement) in accordance with the notice provisions of the Pooling and Servicing Agreement (a) by overnight
courier, (b) mailed by registered mail, postage prepaid, or (c) if the electronic mail address of the Certificate Administrator
is specified in the notice provisions of the Pooling and Servicing Agreement, by electronic mail.

 

5.       Capitalized
terms used but not defined herein shall have the respective meanings assigned thereto in the Pooling and Servicing Agreement.

 

BY
ITS CERTIFICATION HEREOF, the undersigned shall have caused, or shall be deemed to have caused its name to be signed hereto by
its duly authorized signatory, as of the date certified.

 

	 	[The Controlling Class Representative]
	 	 	 
	 	By:	 
	 	 	Title:
	 	 	Company:
	 	 	Phone:

 

 

22
Applicable for a Controlling Class Representative that is not the initial Controlling Class Representative.

 

    M-1H-2

     

    

EXHIBIT
M-1I

 

Form
of Certification of A Risk Retention Consultation Party

 

	KeyBank
National Association

                                                                                                                as
Master Servicer and Special Servicer

                                                                                                                11501 Outlook Street, Suite 300

Overland Park, Kansas 66211

Attention: Michael A. Tilden and Alan Williams

Email: michael_a_tilden@keybank.com;

                                                                                                                keybank_notices@keybank.com 

        Fax:
        877-379-1625

         

        With
        a copies to:

         

        Polsinelli 

        900
West 48th Place, Suite 900 

        Kansas
City, Missouri 64112 

        Attention:
Kraig Kohring 

        Email:
kkohring@polsinelli.com 

        fax
number (816) 753-1536 
	Wilmington
Trust, National Association,

        as
Trustee

        1100
North Market Street

        Wilmington,
Delaware 19890

        Attention:
CMBS Trustee – Benchmark 2022-B35

        Email:
        cmbstrustee@wilmingtontrust.com

	 	 
	Computershare
                                         Trust Company, National Association,

                                                                                                    as
Certificate Administrator

                                                                                                    9062
Old Annapolis Road

        Columbia,
Maryland 21045

        Attention:
Corporate Trust Services – Benchmark 2022-B35

         

        with
a copy to: 

        cts.cmbs.bond.admin@wellsfargo.com

        trustadministrationgroup@wellsfargo.com
	Park
                                         Bridge Lender Services LLC

                                                                                                    as Operating Advisor and Asset Representations Reviewer

                                                                                                    600
Third Avenue, 40th Floor 

        New
York, New York 10016 

        Attention:
Benchmark 2022-B35— Surveillance Manager 

        (with
a copy sent contemporaneously via 

        email
to cmbs.notices@parkbridgefinancial.com)

	 	 
	Citigroup
Commercial Mortgage Securities Inc.

        388
Greenwich Street, 6th Floor

New York, New York 10013

Attention: Richard Simpson

        Telecopy
number: (646) 328-2943

        E-mail:
richard.simpson@citi.com
	 

                                                                                                    Citigroup
Commercial Mortgage Securities Inc.

        390
Greenwich Street, 5th Floor

        New
York, New York 10013

        Attention:
Raul Orozco

        Telecopy
number: (347) 394-0898

	 	 
	 	Citigroup
Commercial Mortgage Securities Inc.

        388
Greenwich Street, 17th Floor

        New
York, New York 10013

        Attention:
Ryan M. O’Connor

        

 

    M-1I-1

     

    

 

	 	Telecopy
number: (646) 862-8988

E-mail: ryan.m.oconnor@citi.com 

 

		Re:	Benchmark
2022-B35 Mortgage Trust, Commercial Mortgage

Pass-Through Certificates, Series 2022-B35                                

 

In
accordance with Section 6.09(i) of, and the definition of “Risk Retention Consultation Party” in, the Pooling and
Servicing Agreement, the undersigned hereby certifies and agrees as follows:

 

1.       The
undersigned has been appointed to act as the [VRR1][VRR2] Risk Retention Consultation Party.

 

2.       The
undersigned’s address for the purposes of Section 12.04 of the Pooling and Servicing Agreement is as follows:

 

[INSERT
ADDRESS OF RISK RETENTION CONSULTATION PARTY]

 

3.       The
undersigned hereby certifies that an executed copy of this certification in paper form has been delivered in accordance with the
notice provisions of the Pooling and Servicing Agreement to each of the addressees listed above (a) by overnight courier, (b)
mailed by registered mail, postage prepaid or (c) if the electronic mail address of the Certificate Administrator is specified
in the notice provisions of the Pooling and Servicing Agreement, by electronic mail.

 

4.       Capitalized
terms used but not defined herein shall have the respective meanings assigned thereto in the Pooling and Servicing Agreement.

 

BY
ITS CERTIFICATION HEREOF, the undersigned shall have caused, or shall be deemed to have caused its name to be signed hereto by
its duly authorized signatory, as of the date certified.

 

	 	[RISK
RETENTION CONSULTATION PARTY]
	 	 	 
	 	By: 	                              
	 	 	Name:
	 	 	Title:

 

Dated:
  __________________

 

    M-1I-2

     

    

EXHIBIT
M-2A

 

FORM
OF INVESTOR CERTIFICATION FOR EXERCISING VOTING RIGHTS FOR 

NON-BORROWER PARTY

 

[Date]

 

Computershare
Trust Company, National Association, 

as
Certificate Administrator

9062
Old Annapolis Road

Columbia,
Maryland 21045

Attention:
Corporate Trust Services – Benchmark 2022-B35

 

		Attention:	Benchmark
2022-B35 Mortgage Trust, Commercial Mortgage

Pass-Through Certificates, Series 2022-B35                                

 

In
accordance with the requirements for the exercise of Voting Rights pursuant to the Pooling and Servicing Agreement, dated as of
May 1, 2022 (the “Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank
National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor and as
Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington
Trust, National Association, as Trustee, with respect to the above-referenced certificates (the “Certificates”),
the undersigned hereby certifies and agrees as follows:

 

1.            The
undersigned is a [Certificateholder][Certificate Owner] of Class ___ Certificates [with an aggregate [principal balance][notional
amount] of $[________]][representing a [__]% Percentage Interest in the applicable Class].

 

2.            The
undersigned has received a copy of the Prospectus.

 

3.            The
undersigned is not a Borrower Party.

 

4.            The
undersigned is not an Uncertificated VRR Interest Owner.

 

5.            The
undersigned is permitted and intends to exercise Voting Rights under the Agreement and certifies that (please check one of the
following):

 

		___	The
                                         undersigned is the Depositor, the Master Servicer, the Special Servicer, an Excluded
                                         Mortgage Loan Special Servicer, the Trustee, the Certificate Administrator, the Operating
                                         Advisor, the Asset Representations Reviewer or a Mortgage Loan Seller, and the undersigned
                                         is not prohibited from such exercise of Voting Rights based on the definition of “Certificateholder”
                                         in the Agreement by reason of acting in such capacity.

 

    M-2A-1

     

    

 

		___	The
                                         undersigned is an Affiliate of the Depositor, the Master Servicer, the Special Servicer,
                                         an Excluded Mortgage Loan Special Servicer, the Trustee, the Certificate Administrator,
                                         the Operating Advisor, the Asset Representations Reviewer or a Mortgage Loan Seller,
                                         and the undersigned is not prohibited from such exercise of Voting Rights based on the
                                         definition of “Certificateholder” in the Agreement by reason of its Affiliate
                                         acting in such capacity.

 

		___	The
                                         undersigned is not the Depositor, the Master Servicer, the Special Servicer, an Excluded
                                         Mortgage Loan Special Servicer, the Trustee, the Certificate Administrator, the Operating
                                         Advisor, the Asset Representations Reviewer, a Mortgage Loan Seller or an Affiliate of
                                         any of the foregoing.

 

6.            The
undersigned shall be fully liable for any breach of this agreement by itself or any of its officers, directors, partners, employees,
agents or representatives (collectively, the “Representatives”) and shall indemnify the Depositor, the Operating
Advisor, the Asset Representations Reviewer, the Certificate Administrator, the Trustee, the Master Servicer, the Special Servicer
and the Trust Fund for any loss, liability or expense incurred thereby with respect to any such breach by the undersigned or any
of its Representatives.

 

7.            Capitalized
terms used but not defined herein shall have the respective meanings assigned thereto in the Agreement.

 

BY
ITS CERTIFICATION HEREOF, the undersigned has made the representations above and shall be deemed to have caused its name to be
signed hereto by its duly authorized signatory, as of the day and year written above.

 

		[Certificateholder]
[Certificate Owner]

 

		By:	

 

		Name:	

 

		Title:	

 

		Company:	

 

		Phone:	

 

    M-2A-2

     

    

EXHIBIT
M-2B

 

FORM
OF INVESTOR CERTIFICATION FOR EXERCISING VOTING RIGHTS FOR 

BORROWER PARTY

 

[Date]

 

Computershare
Trust Company, National Association, 

as
Certificate Administrator

9062
Old Annapolis Road

Columbia,
Maryland 21045

Attention:
Corporate Trust Services – Benchmark 2022-B35

 

		Attention:	Benchmark
2022-B35 Mortgage Trust, Commercial Mortgage

Pass-Through Certificates, Series 2022-B35                              

 

In
accordance with the requirements for the exercise of Voting Rights pursuant to the Pooling and Servicing Agreement, dated as of
May 1, 2022 (the “Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank
National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor and as
Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington
Trust, National Association, as Trustee, with respect to the above-referenced certificates (the “Certificates”),
the undersigned hereby certifies and agrees as follows:

 

1.            The
undersigned is a [Certificateholder][Certificate Owner] of Class ___ Certificates [with an aggregate [principal balance][notional
amount] of $[________]][representing a [__]% Percentage Interest in the applicable Class].

 

2.            The
undersigned has received a copy of the Prospectus.

 

3.            The
undersigned is a Borrower Party.

 

4.            Check
one of the following:

 

☐       The
undersigned is not the Controlling Class Representative or a Controlling Class Certificateholder.

 

☐       The
undersigned is [the Controlling Class Representative] [a Controlling Class Certificateholder]. The undersigned is an Excluded
Controlling Class Holder with respect to the following [Mortgage Loan(s)][and][Loan Combination(s)] (“Excluded Controlling
Class Mortgage Loans”):

 

    M-2B-1

     

    

 

	Mortgage
    Loan Number	Loan
    Name	Borrower
    Name
	 	 	 
	 	 	 

 

5.           The
undersigned is not an Uncertificated VRR Interest Owner.

 

6.           The
undersigned is permitted and intends to exercise Voting Rights under the Agreement and certifies that (please check all that apply):

 

		___	Such
                                         exercise of Voting Rights does not involve giving any consent, approval or waiver or
                                         taking any other action with respect to any Mortgage Loan as to which the undersigned
                                         is a Borrower Party.

 

		___	The
                                         undersigned is not the Depositor, the Master Servicer, the Special Servicer, an Excluded
                                         Mortgage Loan Special Servicer, the Trustee, the Certificate Administrator, the Operating
                                         Advisor, the Asset Representations Reviewer, a Mortgage Loan Seller or an Affiliate of
                                         any of the foregoing.

 

		___	The
                                         undersigned is the Depositor, the Master Servicer, the Special Servicer, an Excluded
                                         Mortgage Loan Special Servicer, the Trustee, the Certificate Administrator, the Operating
                                         Advisor, the Asset Representations Reviewer or a Mortgage Loan Seller, and the undersigned
                                         is not prohibited from such exercise of Voting Rights based on the definition of “Certificateholder”
                                         in the Agreement by reason of acting in such capacity.

 

		___	The
                                         undersigned is an Affiliate of the Depositor, the Master Servicer, the Special Servicer,
                                         an Excluded Mortgage Loan Special Servicer, the Trustee, the Certificate Administrator,
                                         the Operating Advisor, the Asset Representations Reviewer or a Mortgage Loan Seller,
                                         and the undersigned is not prohibited from such exercise of Voting Rights based on the
                                         definition of “Certificateholder” in the Agreement by reason of its Affiliate
                                         acting in such capacity.

 

		7.	The
                                         undersigned shall be fully liable for any breach of this agreement by itself or any of
                                         its officers, directors, partners, employees, agents or representatives (collectively,
                                         the “Representatives”) and shall indemnify the Depositor, the Operating
                                         Advisor, the Asset Representations Reviewer, the Certificate Administrator, the Trustee,
                                         the Master Servicer, the Special Servicer and the Trust Fund for any loss, liability
                                         or expense incurred thereby with respect to any such breach by the undersigned or any
                                         of its Representatives.

 

8.            Capitalized
terms used but not defined herein shall have the respective meanings assigned thereto in the Agreement.

 

    M-2B-2

     

    

 

BY
ITS CERTIFICATION HEREOF, the undersigned has made the representations above and shall be deemed to have caused its name to be
signed hereto by its duly authorized signatory, as of the day and year written above. 

 

		[Certificateholder]
[Certificate Owner]

 

		By:	

 

		Name:	

 

		Title:	

 

		Company:	

 

		Phone:	

 

    M-2B-3

     

    

EXHIBIT
M-3

 

FORM
OF ONLINE VENDOR CERTIFICATION

 

This
Certification has been prepared for provision of information to the market data providers 

listed in Paragraph 1 below pursuant
to the direction of the Depositor. If you represent a 

Vendor Provider not listed herein and would like access to the information,
please contact [the 

Certificate Administrator’s customer service desk at [1-866-846-4526]]

 

In
connection with the Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35 (the “Certificates”),
the undersigned hereby certifies and agrees as follows:

 

1.       The
undersigned is an employee or agent of Bloomberg, L.P., Trepp, LLC, Intex Solutions, Inc., BlackRock Financial Management Inc.,
CMBS.com, Inc., Moody’s Analytics, Markit Group Limited, RealINSIGHT, Thompson Reuters Corporation, Intercontinental Exchange
| ICE Data Services, KBRA Analytics, LLC or a market data provider that has been given access to the Distribution Date Statements,
CREFC reports and supplemental notices on https://sf.CTSLink.com (“CTSLink”) by request of the Depositor.

 

2.       The
undersigned agrees that each time it accesses CTSLink, the undersigned is deemed to have recertified that the representation above
remains true and correct.

 

3.       The
undersigned acknowledges and agrees that the provision to it of information and/or reports on CTSLink is for its own use only,
and agrees that it will not disseminate or otherwise make such information available to any other person without the written consent
of the Depositor, and any confidentiality agreement applicable to the undersigned with respect to information obtained from the
Rule 17g-5 Information Provider’s Website shall also be applicable to information obtained from CTSLink.

 

4.       Capitalized
terms used but not defined herein shall have the respective meanings assigned thereto in the Pooling and Servicing Agreement,
dated as of May 1, 2022, between Citigroup Commercial Mortgage Securities Inc., as depositor (the “Depositor”),
KeyBank National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor
and as Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington
Trust, National Association, as Trustee.

 

    M-3-1

     

    

 

BY
ITS CERTIFICATION HEREOF, the undersigned has made the representations above and shall be deemed to have caused its name to be
signed hereto by its duly authorized signatory, as of the date certified.

 

		 [                          ]

 

		By:	

 

		Name:	

 

		Title:	

 

		Company:	

 

		Phone:	

 

    M-3-2

     

    

EXHIBIT
M-4

FORM OF CONFIDENTIALITY AGREEMENT

 

	KeyBank
National Association

                                                                                                                as Master Servicer and Special Servicer

        11501 Outlook Street, Suite 300

Overland Park, Kansas 66211

Attention: Michael A. Tilden and Alan Williams

Email: michael_a_tilden@keybank.com;

        keybank_notices@keybank.com 

        Fax:
        877-379-1625

         

        With
        a copies to:

         

        Polsinelli 

        900
West 48th Place, Suite 900 

        Kansas
City, Missouri 64112 

        Attention:
Kraig Kohring 

        Email:
kkohring@polsinelli.com 

        fax
number (816) 753-1536 
	Citigroup
Commercial Mortgage Securities Inc.

        390
Greenwich Street, 5th Floor 

        New
York, New York 10013 

        Attention:
Raul Orozco 

        Telecopy
number: (347) 394-0898 

        E-mail:
raul.d.orozco@citi.com 

	 	 
	Wilmington
Trust, National Association,

        as
Trustee 

        1100
North Market Street 

        Wilmington,
Delaware 19890 

        Attention:
CMBS Trustee – Benchmark 2022-B35 

        Email:
cmbstrustee@wilmingtontrust.com 
	Citigroup
Commercial Mortgage Securities Inc. 

        388
Greenwich Street, 6th Floor

New York, New York 10013

Attention: Richard Simpson 

        Telecopy
number: (646) 328-2943 

        E-mail:
richard.simpson@citi.com 

	 	 
	 	Citigroup
Commercial Mortgage Securities Inc. 

        388
Greenwich Street, 17th Floor 

        New
York, New York 10013 

        Attention:
Ryan M. O’Connor 

        Telecopy
number: (646) 862-8988 

        E-mail:
ryan.m.oconnor@citi.com

 

		Re:	Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage 

                                                                                Pass-Through Certificates, Series 2022-B35                                

 

Ladies
and Gentlemen:

 

    M-4-1

     

    

 

In
connection with the Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35 (the “Certificates”),
we acknowledge that we will be furnished by KeyBank National Association, as Master Servicer and as Special Servicer (and may
have been previously furnished) with certain information (the “Information”). For the purposes of this letter
agreement (this “Agreement”), “Representative” of a Person refers to such Person’s
directors, officers, employees, and agents; and “Person” refers to any individual, group or entity.

 

In
connection with and in consideration of our being provided with Information, we hereby acknowledge and agree that we are requesting
and will use the Information solely for purposes of making investment decisions and/or exercising the rights of the applicable
[Directing Holder][Consulting Party] with respect to the [above-referenced Certificates and the related Mortgage Loans] [[NAME
OF SERVICED LOAN COMBINATION] Loan Combination] and will not disclose such Information to any Person other than (i) our Representatives,
(ii) our auditors and regulators and (iii) any Person contemplating the purchase of [any Certificate][the [NAME OF SERVICED COMPANION
LOAN] Companion Loan] held by the undersigned or of an interest therein (or such outside Persons as are assisting it in making
an evaluation in connection with purchasing the [related Certificates][the [NAME OF SERVICED COMPANION LOAN] Companion Loan] (but
only if such Persons confirm in writing such contemplation of a prospective ownership interest and agree in writing to keep such
Information confidential)), (iv) our accountants and attorneys, and (v) such governmental or banking authorities or agencies to
which the undersigned is subject; and such Information will not, without the prior written consent of the Master Servicer or the
Special Servicer, as applicable, and the Trustee, be otherwise disclosed by the undersigned or by its Representatives in any manner
whatsoever, in whole or in part, unless required to do so by law.

 

The
undersigned shall be fully liable for any breach of this agreement by itself or any of its Representatives and shall indemnify
the Depositor, the Operating Advisor, the Asset Representations Reviewer, the Certificate Administrator, the Trustee, the Master
Servicer, the Special Servicer and the Trust Fund for any loss, liability or expense incurred thereby with respect to any such
breach by the undersigned or any of its Representatives.

 

This
Agreement shall not apply to any of the Information which: (i) is or becomes generally available and known to the public other
than as a result of a disclosure directly or indirectly by us or any of our Representatives; (ii) becomes lawfully available to
us on a non-confidential basis from a source other than you or one of your Representatives, which source is not bound by a contractual
or other obligation of confidentiality to any Person; or (iii) was lawfully known to us on a non-confidential basis prior to its
disclosure to us by you.

 

Capitalized
terms used but not defined herein shall have the meanings assigned thereto in that certain Pooling and Servicing Agreement, dated
as of May 1, 2022, between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association, as Master
Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor and as Asset Representations Reviewer,
Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington Trust, National Association, as
Trustee.

 

    M-4-2

     

    

 

This
Agreement, when signed by us, will constitute our agreement with respect to the subject matter contained herein.

 

		 Very
truly yours,
	 	 
	 	[NAME
OF ENTITY]

 

		By:	

		Name:	

		Title:	

		Company:	

		Phone:	

 

		cc:	Citigroup
                                         Commercial Mortgage Securities Inc.

                                         [Trustee]

 

    M-4-3

     

    

EXHIBIT
M-5

 

FORM
OF NRSRO CERTIFICATION

 

Computershare
Trust Company, National Association,

as
Certificate Administrator

9062
Old Annapolis Road

Columbia,
Maryland 21045

Attention:
Corporate Trust Services – Benchmark 2022-B35

 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust, Commercial Mortgage

                                         Pass-Through Certificates, Series 2022-B35                                

 

Ladies
and Gentlemen:

 

In
accordance with the requirements for obtaining certain information pursuant to the Pooling and Servicing Agreement, dated as of
May 1, 2022 (the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc.,
as Depositor, KeyBank National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating
Advisor and as Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate Administrator,
and Wilmington Trust, National Association, as Trustee, with respect to the Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage
Pass-Through Certificates, Series 2022-B35 (the “Certificates”), the undersigned hereby certifies and agrees
as follows:

 

1.           The
undersigned, a nationally recognized statistical rating organization (“NRSRO”) within the meaning of Section
3(a)(62) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”);

 

(a)       has
provided the Depositor with the appropriate certifications under Exchange Act Rule 17g-5(e); and

 

(b)       is
requesting access pursuant to the Pooling and Servicing Agreement to certain information (the “Information”)
on the Rule 17g-5 Information Provider’s Website pursuant to the provisions of the Pooling and Servicing Agreement, and
in consideration of the disclosure to the undersigned of the Information, or the access thereto, the undersigned will keep the
Information confidential (except to the extent such information has been made available to the general public), and such Information
will not, without the prior written consent of the Certificate Administrator, be otherwise disclosed by the undersigned or by
its officers, directors, partners, employees, agents, or representatives (collectively, the “Representatives”)
in any manner whatsoever, in whole or in part.

 

    M-5-1

     

    

 

2.           The
undersigned agrees that each time it accesses the Rule 17g-5 Information Provider’s Website, it is deemed to have recertified
that the representations herein contained remain true and correct.

 

Capitalized
terms used but not defined herein shall have the respective meanings assigned thereto in the Pooling and Servicing Agreement.

 

BY
ITS CERTIFICATION HEREOF, the undersigned has made the representations above and shall have caused, or shall be deemed to have
caused, its name to be signed hereto by its duly authorized signatory, as of the day and year first written above.

 

		 Very
truly yours,
	 	 
	 	[NRSRO
Name]

 

		By:	

		Name:	

		Title:	

		Phone:	

		Email:	

 

Dated:

 

    M-5-2

     

    

EXHIBIT
N

 

CUSTODIAN
CERTIFICATION

 

[DATE]

 

[All
Parties to Pooling and Servicing Agreement]

[Applicable Mortgage Loan Seller]

[Each Underwriter]

[Each Initial Purchaser]

 

[The
related Serviced Companion Loan Holder (upon request, in the case of a Serviced Loan Combination)]

 

		Re:	Pooling
                                         and Servicing Agreement (“Pooling and Servicing Agreement”) relating
                                         to Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through 

                                         Certificates,
                                         Series 2022-B35 

 

Ladies
and Gentlemen:

 

In
accordance with the provisions of Section 2.02(b) of the Pooling and Servicing Agreement, the undersigned hereby certifies
that, with respect to each Mortgage Loan, and subject to the exceptions noted in the schedule of exceptions attached hereto, (i)
all documents specified in clauses (1), (2), (3), (4) (other than with respect to an Outside Serviced
Mortgage Loan), (5), (6) (provided that the undersigned has been notified of any related modification), (7),
(15) and (20) (for each Mortgage Loan that is part of a Loan Combination) of the definition of “Mortgage File”
are in its possession; (ii) the recordation/filing contemplated by Section 2.01(c) of the Pooling and Servicing Agreement
has been completed (based solely on receipt by the undersigned of the particular recorded/filed documents); (iii) all documents
received by the undersigned with respect to such Mortgage Loan have been reviewed by the undersigned and (A) appear regular on
their face (handwritten additions, changes or corrections shall not constitute irregularities if initialed by the Mortgagor),
(B) appear to have been executed (where appropriate) and (C) purport to relate to such Mortgage Loan; and (iv) based on the examinations
referred to in Section 2.02(a) and Section 2.02(b) of the Pooling and Servicing Agreement and only as to the foregoing
documents (together with any Loan Agreement that has been delivered by the related Mortgage Loan Seller), the information set
forth in the Mortgage Loan Schedule with respect to the items specified in clauses (iv) and (v)(B) of the definition
of “Mortgage Loan Schedule” accurately reflects the information set forth in the Mortgage File.

 

The
undersigned makes no representations as to: (i) the validity, legality, sufficiency, enforceability or genuineness of any such
documents contained in each Mortgage File or any of the Mortgage Loans identified in the Mortgage Loan Schedule, or (ii) the collectability,
insurability, effectiveness or suitability of any such Mortgage Loan.

 

    N-1

     

    

 

The
scope of the Custodian’s review of the Mortgage Files is limited solely to confirming that certain documents in Mortgage
Files have been received and appear regular on their face and to confirm certain other information as set forth in Section
2.02 of the Pooling and Servicing Agreement. The Custodian’s review of the Mortgage Files and any certification with
respect thereto is not intended to and shall not be deemed to constitute “due diligence services” or a “third
party due diligence report” as such terms are defined in Rules 17g-10 and 15Ga-2, respectively, under the Exchange Act.
Any recipient of the Custodian’s certification or a copy thereof by its receipt thereof is deemed to agree that it shall
not share such certification with any rating agency or any party not addressed on such certification.

 

Capitalized
words and phrases used herein and not otherwise defined herein shall have the respective meanings assigned to them in the Pooling
and Servicing Agreement. This Certificate is subject in all respects to the terms of the Pooling and Servicing Agreement.

 

	 	Computershare
    Trust Company, 

National Association, as Custodian
	 	 	 
	 	By: 	                   
	 	 	Name:
	 	 	Title:

  

    N-2

     

    

SCHEDULE
OF EXCEPTIONS

 

[
     ]

 

    N-3

     

    

EXHIBIT
O

 

SERVICING
CRITERIA TO BE ADDRESSED IN ASSESSMENT OF COMPLIANCE

 

The
assessment of compliance to be delivered by the referenced party shall address, at a minimum, the criteria identified below as
“Applicable Servicing Criteria” applicable to such party, as such criteria may be updated or limited by the Commission
or its staff (including, without limitation, not requiring the delivery of certain of the items set forth on this Exhibit based
on interpretive guidance provided by the Commission or its staff relating to Item 1122 of Regulation AB). For the avoidance of
doubt, for purposes of this Exhibit O, other than with respect to Item 1122(d)(2)(iii), references to Master Servicer and Special
Servicer below shall include any Sub-Servicer engaged by the Master Servicer or Special Servicer, as applicable.

 

	applicable
    Servicing Criteria 	applicable
    

party
	Reference	Criteria	 
	 	General
    Servicing Considerations	 
	1122(d)(1)(i)	Policies
    and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction
    agreements.	Master
Servicer

Special Servicer

        Certificate
Administrator

	1122(d)(1)(ii)	If
    any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third
    party’s performance and compliance with such servicing activities.	Master
Servicer

Special Servicer

        Certificate
        Administrator

         

	1122(d)(1)(iii)	Any
    requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained.	N/A
	1122(d)(1)(iv)	A
    fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout
    the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements.	Master
    Servicer

    Special Servicer

    Custodian (in the case of the Custodian, if such entity is not also the Certificate Administrator)
	1122(d)(1)(v)	Aggregation
    of information, as applicable, is mathematically accurate and the information conveyed accurately reflects the information.	Master
Servicer

        Special
Servicer

        Certificate
Administrator

	 	Cash
    Collection and Administration	 
	1122(d)(2)(i)	Payments
    on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than
    two business days following receipt, or such other number of days specified in the transaction agreements.	Master
Servicer

Special Servicer

        Certificate
        Administrator

         

	1122(d)(2)(ii)	Disbursements
    made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel.	Certificate
    Administrator

     
	1122(d)(2)(iii)	Advances
    of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such
    advances, are made, reviewed and approved as specified in the transaction agreements.	Master
Servicer

        Special
Servicer

Trustee (in the case of the Trustee, to the extent the
Trustee was required to make an advance during the applicable calendar year) 

	1122(d)(2)(iv)	The
    related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization,
    are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements.	Master
    Servicer

    Special Servicer

    Certificate Administrator

 

    O-1

     

    

 

	applicable
    Servicing Criteria 	applicable
    

party
	Reference	Criteria	 
	1122(d)(2)(v)	Each
    custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements.
    For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial
    institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Exchange Act.	Master
    Servicer

    Special Servicer

    Certificate Administrator
	1122(d)(2)(vi)	Unissued
    checks are safeguarded so as to prevent unauthorized access.	Master
    Servicer

    Special Servicer

    Certificate Administrator
	1122(d)(2)(vii)	Reconciliations
    are prepared on a monthly basis for all asset-backed securities related bank accounts, including custodial accounts and related
    bank clearing accounts. These reconciliations are (A) mathematically accurate; (B) prepared within 30 calendar days after
    the bank statement cutoff date, or such other number of days specified in the transaction agreements; (C) reviewed and approved
    by someone other than the person who prepared the reconciliation; and (D) contain explanations for reconciling items. These
    reconciling items are resolved within 90 calendar days of their original identification, or such other number of days specified
    in the transaction agreements.	Master
    Servicer

    Special Servicer

    Certificate Administrator
	 	Investor
    Remittances and Reporting	 
	1122(d)(3)(i)	Reports
    to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements
    and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other
    terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in
    the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with
    investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced
    by the Reporting Servicer.	Certificate
    Administrator

    Operating Advisor (excluding clauses (C) and (D) in the case of the Operating Advisor)
	1122(d)(3)(ii)	Amounts
    due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth
    in the transaction agreements.	Certificate
    Administrator
	1122(d)(3)(iii)	Disbursements
    made to an investor are posted within two business days to the Reporting Servicer’s investor records, or such other
    number of days specified in the transaction agreements.	Certificate
    Administrator
	1122(d)(3)(iv)	Amounts
    remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements.	Certificate
    Administrator
	 	Pool
    Asset Administration	 
	1122(d)(4)(i)	Collateral
    or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents.	Master
    Servicer

    Special Servicer

    Custodian
	1122(d)(4)(ii)	Mortgage
    loan and related documents are safeguarded as required by the transaction agreements	Custodian
	1122(d)(4)(iii)	Any
    additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or
    requirements in the transaction agreements.	Master
    Servicer

    Special Servicer

    Certificate Administrator
	1122(d)(4)(iv)	Payments
    on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Master
    Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified
    in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related
    mortgage loan documents.	Master
    Servicer
	1122(d)(4)(v)	The
    Master Servicer’s records regarding the mortgage loans agree with the Master Servicer’s records with respect to
    an obligor’s unpaid principal balance.	Master
    Servicer
	1122(d)(4)(vi)	Changes
    with respect to the terms or status of an obligor’s mortgage loans (e.g., loan modifications or re-agings) are made,
    reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents.	Master
    Servicer

    Special Servicer

 

    O-2

     

    

 

	applicable
    Servicing Criteria 	applicable
    

party
	Reference	Criteria	 
	1122(d)(4)(vii)	Loss
    mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and
    repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements
    established by the transaction agreements.	Special
    Servicer

    Operating Advisor
	1122(d)(4)(viii)	Records
    documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction
    agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements,
    and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters
    and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment).	Master
    Servicer

    Special Servicer
	1122(d)(4)(ix)	Adjustments
    to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan
    documents.	Master
    Servicer
	1122(d)(4)(x)	Regarding
    any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s
    mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest
    on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and
    (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such
    other number of days specified in the transaction agreements.	Master
    Servicer
	1122(d)(4)(xi)	Payments
    made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates,
    as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer
    at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements.	Master
    Servicer
	1122(d)(4)(xii)	Any
    late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s
    funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission.	Master
    Servicer
	1122(d)(4)(xiii)	Disbursements
    made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer,
    or such other number of days specified in the transaction agreements.	Master
    Servicer
	1122(d)(4)(xiv)	 Delinquencies,
    charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements.	Master
    Servicer
	1122(d)(4)(xv)	Any
    external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained
    as set forth in the transaction agreements.	N/A

 

    O-3

     

    

EXHIBIT
P

[Reserved]

 

    P-1

     

    

EXHIBIT
Q

 

RETAINED
DEFEASANCE RIGHTS AND OBLIGATIONS MORTGAGE LOANS

 

	Loan
    Number	Mortgage
    Loan / Property Name	Mortgage
    Loan Seller
	4	Bruckner
    Building	GSMC
	9	Bell
    Works	CREFI
	10	2550
    M Street	CREFI
	11	Nut
    Tree Plaza	CREFI
	13	200
    West Jackson	CREFI
	14	Residence
    Inn Seattle	GSMC
	15	GHC
    Hotel Portfolio	GACC
	16	Grede
    Casting Industrial Portfolio	GSMC
	17	 LaForce
    Industrial Portfolio	GSMC
	21	One
    Jackson Place	GACC
	22	Eagle
    Station	GACC
	24	Safeway
    at Vistancia Marketplace	GACC
	27	Belair
    & Goshen - Food Lion	CREFI
	28	University
    Square	GACC
	30	Legacy
    Village	GSMC
	31	Southern
    Star Storage Portfolio	CREFI
	32	Best
    Western North Phoenix	GACC
	33	Fairfield
    Inn & Suites Gainesville	CREFI
	34	Holiday
    Inn Express and Suites Uniontown	GACC
	35	Redwood
    Simpsonville II	GSMC
	37	900
    East Grand Avenue	CREFI

 

    Q-1

     

    

EXHIBIT
R

 

FORM
OF OPERATING ADVISOR ANNUAL REPORT1

 

Report
Date: This report will be delivered annually no later than 120 days of the end of the prior calendar year, pursuant to the
terms and conditions of the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”),
between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association, as Master Servicer and as Special
Servicer, Park Bridge Lender Services LLC, as Operating Advisor and Asset Representations Reviewer, Computershare Trust Company,
National Association, as Certificate Administrator, and Wilmington Trust, National Association, as Trustee

 

Transaction:
Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35

 

Operating
Advisor: Park Bridge Lender Services LLC

 

Special
Servicer as of December 31: [KeyBank National Association]

 

Directing
Holder: [                     ]

 

I.    Population
of Mortgage Loans that Were Considered in Compiling This Report

 

1.
        The Special Servicer has notified the Operating Advisor that [●] Specially Serviced Loans were transferred to special servicing
in the prior calendar year [INSERT YEAR].

 

(a)
 [●] of those Specially Serviced Loans are still being analyzed by the Special Servicer as part of the development of an
Asset Status Report.

 

(b)
 Asset Status Reports were issued with respect to [●] of such Specially Serviced Loans. Final Asset Status Reports were issued
with respect to [●] of such Specially Serviced Loans. The Asset Status Reports may not yet be fully implemented.

 

		2.	A
                                         Control Termination Event [existed during some or all] [did not exist during any portion]
                                         of the prior calendar year [INSERT YEAR].

 

		3.	[●]
                                         Serviced Loans were the subject of a Major Decision as to which the Operating Advisor
                                         has consultation rights pursuant to the Pooling and Servicing Agreement.

 

 

1
This report is an indicative report and does not reflect the final form of annual report to be used in any particular year.
The Operating Advisor will have the ability to modify or alter the organization and content of any particular report, subject
to compliance with the terms of the Pooling and Servicing Agreement, including, without limitation, provisions relating to Privileged
Information. 

 

    R-1

     

    

 

II.         Executive
Summary

 

Based
on the requirements and qualifications set forth in the Pooling and Servicing Agreement, as well as the items listed below, the
Operating Advisor (in accordance with the Operating Advisor’s analysis requirements set forth in the Pooling and Servicing
Agreement) has undertaken a review of the Special Servicer’s actions and decisions in respect of (A) Specially Serviced
Loans and (B) solely in connection with Major Decisions as to which the Operating Advisor has consultation rights following the
occurrence and during the continuance of a Control Termination Event, Performing Serviced Loans, in each case in light of (1)
the Servicing Standard and (2) the requirements of the Pooling and Servicing Agreement. Based solely on such review and subject
to the assumptions, limitations and qualifications set forth herein, the Operating Advisor [believes/ does not believe], in its
sole discretion exercised in good faith, that the Special Servicer is performing its duties in compliance with (1) the Servicing
Standard and (2) the Special Servicer’s obligations under the Pooling and Servicing Agreement during the prior calendar
year. [The Operating Advisor believes, in its sole discretion exercised in good faith, that the Special Servicer has failed to
materially comply with the Servicing Standard or the Special Servicer’s obligations under the Pooling and Servicing Agreement
as a result of the following material deviations.]

 

		●	[LIST
                                         OF ANY MATERIAL DEVIATIONS FROM (1) THE SERVICING STANDARD AND/OR (2) THE SPECIAL SERVICER’S
                                         OBLIGATIONS UNDER THE POOLING AND SERVICING AGREEMENT]

 

In
addition, the Operating Advisor notes the following: [PROVIDE SUMMARY OF ANY ADDITIONAL MATERIAL INFORMATION].

 

[ADD
RECOMMENDATION OF REPLACEMENT OF SPECIAL SERVICER, IF APPLICABLE]

 

III.       Specific
Items of Review

 

In
rendering our assessment herein, we examined and (with the exception of the items listed in paragraph no. 7 below) relied upon
the accuracy and completeness of the items listed below:

 

		1.	Information
                                         available to Privileged Persons on the Certificate Administrator’s Website with
                                         respect to the Special Servicer, assets on the CREFC® Servicer Watch List,
                                         Specially Serviced Loans [AFTER A CONTROL TERMINATION EVENT: and Major Decisions on Serviced
                                         Loans].

 

		2.	Each
                                         Final Asset Status Report [AFTER A CONTROL TERMINATION EVENT: and each other Asset Status
                                         Report], in each case, delivered or made available to the Operating Advisor pursuant
                                         to the terms of the Pooling and Servicing Agreement. The Operating Advisor reviewed Final
                                         Asset Status Reports with respect to the following 

 

    R-2

     

    

 

	 	 	Serviced
                                         Loans: [LIST]. The Operating Advisor reviewed Asset Status Reports with respect to the
                                         following Serviced Loans: [LIST].

 

		3.	Each
                                         Major Decision Reporting Package that is delivered or made available to the Operating
                                         Advisor by the Special Servicer pursuant to the Pooling and Servicing Agreement. The
                                         Operating Advisor reviewed Major Decision Reporting Packages with respect to the following
                                         Serviced Loans: [LIST]

 

		4.	[LIST
                                         OTHER REVIEWED INFORMATION]

 

		5.	[INSERT
                                         IF AFTER A CONTROL TERMINATION EVENT]: During the prior year, the Operating Advisor consulted
                                         with the Special Servicer regarding Major Decisions related to the following Serviced
                                         Loans: [LIST]. The Operating Advisor participated in discussions and recommended alternative
                                         courses of action to the extent it deemed such recommendations appropriate.

 

		6.	[INSERT
                                         IF AFTER A CONTROL TERMINATION EVENT]: During the prior year, the Operating Advisor consulted
                                         with the Special Servicer regarding Asset Status Reports related to the following Serviced
                                         Loans: [LIST]. The Operating Advisor participated in discussions and recommended alternative
                                         courses of action to the extent it deemed such recommendations appropriate.

 

		7.	Appraisal
                                         Reduction Amount calculations, Collateral Deficiency Amount calculations and net present
                                         value calculations delivered or made available to the Operating Advisor by the Special
                                         Servicer pursuant to the Pooling and Servicing Agreement.

 

		8.	The
                                         Operating Advisor [received/did not receive] information necessary to recalculate and
                                         verify the accuracy of the mathematical calculations and the corresponding application
                                         of the non-discretionary portions of the applicable formulas required to be utilized
                                         in connection with any (i) Appraisal Reduction Amount, (ii) Collateral Deficiency Amount
                                         or (ii) net present value calculations used in the Special Servicer’s determination
                                         of the course of action to be taken in connection with the workout or liquidation of
                                         a Specially Serviced Loan prior to the utilization by the Special Servicer.

 

		(a)	The
                                         Operating Advisor [agreed/did not agree] with the [mathematical calculations] [and/or]
                                         [the application of the applicable non-discretionary portions of the formula] required
                                         to be utilized for such calculation.

 

		(b)	After
                                         consultation with the Special Servicer to resolve any inaccuracy in the mathematical
                                         calculations or the application of the non-discretionary portions of the related formula
                                         in arriving at those mathematical calculations, such inaccuracy [has been/ has not been]
                                         resolved.

 

		9.	The
                                         Special Servicer’s annual compliance statement, assessment of compliance report
                                         and attestation report by a third party regarding the Special Servicer’s compliance
                                         with its obligations delivered or made available to the Operating Advisor pursuant to
                                         the Pooling and Servicing Agreement.

 

    R-3

     

    

 

		10.	The
                                         following is a general discussion of certain concerns raised by the Operating Advisor
                                         discussed in this report: [LIST CONCERNS].

 

		111.	In
                                         addition to the other information presented herein, the Operating Advisor notes the following
                                         additional items, if any: [LIST ADDITIONAL ITEMS].

 

NOTE:
The Operating Advisor’s review of the above materials should be considered a limited review and not be considered a full
or limited audit, legal review or legal conclusion. For instance, we did not review each page of the Special Servicer’s
policy and procedure manuals (including amendments and appendices), review underlying lease agreements or similar underlying documents
(other than documents that the Operating Advisor is required to review pursuant to Section 3.29 of the Pooling and Servicing Agreement),
visit any related property, visit the Special Servicer, visit the Directing Holder or interact with any borrower. In addition,
our review of the net present value calculations and the corresponding application of the non-discretionary portions of the applicable
formulas, and as such, does not take into account the reasonableness of the discretionary portions of such formulas.

 

IV.       Assumptions,
Qualifications and Disclaimers Related to the Work Product Undertaken and Opinions Related to this Report

 

		1.	As
                                         provided in the Pooling and Servicing Agreement, the Operating Advisor is not required
                                         to report on instances of non-compliance with, or deviations from, the Servicing Standard
                                         or the Special Servicer’s obligations under the Pooling and Servicing Agreement
                                         that the Operating Advisor determines, in accordance with the Operating Advisor Standard,
                                         to be immaterial.

 

		2.	In
                                         rendering our assessment herein, we have assumed that all executed factual statements,
                                         instruments, and other documents that we have relied upon in rendering this assessment
                                         have been executed by persons with legal capacity to execute such documents.

 

		3.	Other
                                         than receipt of any Major Decision Reporting Package and any Asset Status Report that
                                         is delivered or made available to the Operating Advisor pursuant to the terms of the
                                         Pooling and Servicing Agreement, the Operating Advisor did not participate in, or have
                                         access to, the Special Servicer’s and applicable Directing Holder’s discussion(s)
                                         regarding any Specially Serviced Loan. The Operating Advisor does not have authority
                                         to speak with the applicable Directing Holder or borrower directly. As such, the Operating
                                         Advisor relied upon the information made available to it pursuant to the Pooling and
                                         Servicing Agreement or delivered to it by the Special Servicer as well as its interaction
                                         with the Special Servicer, if any, in gathering the relevant information to generate
                                         this report. The services that we perform are not designed and cannot be relied upon
                                         to detect fraud or illegal acts should any exist.

 

		4.	The
                                         Special Servicer has the legal authority and responsibility to service any Specially
                                         Serviced Loans pursuant to the Pooling and Servicing Agreement. The Operating 

 

    R-4

     

    

 

	 	 	Advisor
                                         has no responsibility or authority to alter the standards set forth therein or direct
                                         the actions of the Special Servicer.

 

		5.	Confidentiality
                                         and other contractual limitations limit the Operating Advisor’s ability to outline
                                         the details or substance of any communications held between it and the Special Servicer
                                         regarding any Specially Serviced Loans and certain information it reviewed in connection
                                         with its duties under the Pooling and Servicing Agreement. As a result, this report may
                                         not reflect all the relevant information that the Operating Advisor is given access to
                                         by the Special Servicer.

 

		6.	The
                                         Operating Advisor is not empowered to directly communicate with any investors pursuant
                                         to the Pooling and Servicing Agreement. If the investors have questions regarding this
                                         report, they should address such questions to the Certificate Administrator through the
                                         Certificate Administrator’s Website.

 

		7.	This
                                         report does not constitute recommendations to buy, sell or hold any security, nor does
                                         the Operating Advisor take into account market prices of securities or financial markets
                                         generally when performing its limited review of the Special Servicer as described above.
                                         The Operating Advisor does not have a fiduciary relationship with any Certificateholder
                                         or any other party or individual. Nothing is intended to or should be construed as creating
                                         a fiduciary relationship between the Operating Advisor and any Certificateholder, party
                                         or individual.

 

	[                     ]	 

 

	By: 	 	 

	Name:	 
	Title:	 

 

    R-5

     

    

EXHIBIT
S

 

SUBSERVICING
AGREEMENTS

 

	Loan
                                         Number

         
	Mortgage
    Loan/Property Name	Sub-Servicer
    Name
	7	Industry
    RiNo Station	Midland
    Loan Services, a Division of PNC Bank, National Association
	14	Residence
    Inn Seattle	Berkadia
    Commercial Mortgage LLC 
	20	Crossroads
    Hotel Portfolio	Midland
    Loan Services, a Division of PNC Bank, National Association
	23	Shoppes
    at Foxmoor	Midland
    Loan Services, a Division of PNC Bank, National Association
	29	1600
                                         Brittmoore

         
	Midland
    Loan Services, a Division of PNC Bank, National Association
	30	Legacy
    Village	Berkadia
    Commercial Mortgage LLC
	36	Johns
    Hopkins MOB	Northmarq
	 	 	 

 

    S-1

     

    

 

EXHIBIT
T

 

FORM
OF RECOMMENDATION OF SPECIAL SERVICER TERMINATION

 

Wilmington
Trust, National Association, as Trustee 

1100
North Market Street 

Wilmington,
Delaware 19890 

Attention:
CMBS Trustee – Benchmark 2022-B35

 

Computershare
Trust Company, National Association, as Certificate Administrator 

9062
Old Annapolis Road 

Columbia,
Maryland 21045 

Attention:
Corporate Trust Services – Benchmark 2022-B35

 

KeyBank
National Association

as Special Servicer 

11501
Outlook Street, Suite 300

Overland Park, Kansas 66211

Attention: Alan Williams

Email: keybank_notices@keybank.com 

Fax:
877-379-1625

 

With
a copies to:

 

Polsinelli 

900
West 48th Place, Suite 900 

Kansas
City, Missouri 64112 

Attention:
Kraig Kohring 

Email:
kkohring@polsinelli.com 

fax
number (816) 753-1536

 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust,

Commercial
Mortgage Pass-Through Certificates, Series 2022-B35

 

Ladies
and Gentlemen:

 

This
letter is delivered pursuant to Section 6.08(b)(i) of the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling
and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association,
as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor and as Asset Representations
Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington Trust, National Association,
as Trustee, on behalf of the holders of Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series
2022-B35 (the “Certificates”) and the Uncertificated VRR Interest Owners regarding the replacement of the Special
Servicer. Capitalized terms used

 

     T-1

     

    

 

and not otherwise defined herein shall have the respective meanings ascribed to such terms in
the Pooling and Servicing Agreement.

 

Based
upon our review of the operational practices of [_______], in its current capacity as Special Servicer [with respect to [IF SUBJECT
PARTY IS NOT THE SPECIAL SERVICER FOR ALL SERVICED LOANS, SPECIFY APPLICABLE SERVICED LOAN OR GROUP OF SERVICED LOANS FOR WHICH
IT SO ACTS]], conducted pursuant to and in accordance with the Pooling and Servicing Agreement, it is our determination, in our
sole discretion exercised in good faith, that (1) [________], in its current capacity as Special Servicer [with respect to [IF
SUBJECT PARTY IS NOT THE SPECIAL SERVICER FOR ALL SERVICED LOANS, SPECIFY APPLICABLE SERVICED LOAN OR GROUP OF SERVICED LOANS
FOR WHICH IT SO ACTS]], has failed to comply with the Servicing Standard and (2) a replacement of the Special Servicer would be
in the best interest of the Certificateholders and the Uncertificated VRR Interest Owners (as a collective whole). The following
factors support our determination: [________].

 

Based
upon such determination, we further hereby recommend that [_______] be removed as Special Servicer [with respect to [IF SUBJECT
PARTY IS NOT THE SPECIAL SERVICER FOR ALL SERVICED LOANS, SPECIFY APPLICABLE SERVICED LOAN OR GROUP OF SERVICED LOANS FOR WHICH
IT SO ACTS]] and that [________] be appointed its successor in such capacity.

 

	 	Very truly yours,
	 	 	 
	 	[The
    Operating Advisor]

 

	 	By:	 	 
	 	 	Name:	 
	 	 	Title:	 

  

Dated:

 

     T-2

     

    

 

EXHIBIT
U

ADDITIONAL FORM 10-D DISCLOSURE

 

The
parties identified in the “Party Responsible” column (with each Servicing Function Participant deemed to be responsible
for the following items for which the party that retained such Servicing Function Participant is responsible) are obligated pursuant
to Section 10.04 of the Pooling and Servicing Agreement to disclose to the Depositor, the Certificate Administrator, each Other
Depositor and Other Exchange Act Reporting Party to which such Additional Form 10-D Disclosure is relevant for Exchange Act reporting
purposes, any information described in the corresponding Form 10-D Item described in the “Item on Form 10-D” column
to the extent such party has actual knowledge (and in the case of net operating income, financial statements, budgets and/or rent
rolls required to be provided in connection with Item 6 below, possession) (in each case, after complying with its affirmative
obligations, if any, under the Pooling and Servicing Agreement to obtain such information) of such information (other than information
as to such party itself which such party is obligated to provide). Each of the Certificate Administrator, the Trustee, the Master
Servicer and the Special Servicer shall be entitled to rely on the accuracy of the Prospectus (other than information with respect
to itself that is set forth in or omitted from the Prospectus), in the absence of specific written notice to the contrary from
the Depositor or Mortgage Loan Sellers. Each of the Certificate Administrator, the Trustee, the Master Servicer and the Special
Servicer (in its capacity as such) shall be entitled to conclusively assume that there is no “significant obligor”
other than a party identified as such in the Prospectus. For this Benchmark 2022-B35 Mortgage Trust Pooling and Servicing Agreement,
each of the Certificate Administrator, the Trustee, the Master Servicer and the Special Servicer (in its capacity as such) shall
be entitled to assume that there is no provider of credit enhancement, liquidity or derivative instruments within the meaning
of Items 1114 or 1115 of Regulation AB other than a party identified as such in the Prospectus.

 

	Item
    on Form 10-D	Party
    Responsible 
	Item
                                         1: Distribution and Pool Performance Information

         

        Any
        information required by Item 1121 of Regulation AB which is NOT included on the Distribution Date Statement

         
	Certificate
Administrator 

        Depositor 

        Master
Servicer (only with respect to Item 1121(a)(12) of Regulation AB as to Performing Serviced Loans) 

        Special
Servicer (only with respect to Item 1121(a)(12) of Regulation AB as to Specially Serviced Loans)

Each Mortgage Loan Seller (only with respect to Item
1121(c)(2) of Regulation AB as to

 

     U-1

     

    

 

	Item
    on Form 10-D	Party
    Responsible 
	 	itself)
	Item
1A: Asset-Level Information disclosure per Items 1111(h) and 1125 of Regulation AB

        
	Master
    Servicer1
	Item
                                         1B: Asset Representations Reviewer and Investor Communication

         
	Asset
                                         Representations Reviewer (with respect to Item 1121(d) of Regulation AB)

         

        Certificate
        Administrator (with respect to Item 1121(e) of Regulation AB ) 

	Item
                                         2: Legal Proceedings

         

        per
        Item 1117 of Regulation AB

         
	(i)
    All parties to the Pooling and Servicing Agreement (as to themselves), (ii) any other Reporting Servicer (as to itself), (iii)
    the Trustee, the Certificate Administrator, the Master Servicer and the Special Servicer, in each case as to the Trust (in
    the case of the Master Servicer and the Special Servicer, to be reported by the party controlling such litigation), (iv) each
    Mortgage Loan Seller as to itself and as to each Regulation AB Item 1110(b) originator with respect to such Mortgage Loan
    Seller’s Mortgage Loans and as to each Regulation AB Item 1100(d)(1) party either affiliated with or retained by such
    Mortgage Loan Seller, or with whom such Mortgage Loan Seller contracts
	Item
    3:  Sale of Securities and Use of Proceeds	Depositor
	Item
    4:  Defaults Upon Senior Securities	Certificate
    Administrator
	Item
    5:  Submission of Matters to a Vote of Security Holders2	Certificate
                                         Administrator 

        Trustee

        

	Item
    6:  Significant Obligors of Pool Assets	Master
                                         Servicer (excluding information for which the Special Servicer is the “Party Responsible”) 

        Special
        Servicer (as to Specially Serviced Loans and REO Properties) 

	Item
    7: Change in Sponsor Interest in the Securities	Each
    Mortgage Loan Seller as to itself and its affiliates

 

 

 

1
For the avoidance of doubt, the Certificate Administrator, not the Master Servicer, shall be responsible for filing any
Additional Form 10-D Disclosure required by Item 1A on Form 10-D in accordance with Section 10.04 of this Agreement.

 

2
No disclosure is required for so long as Item 5 of Form 10-D requires the inclusion of information related to mine safety
disclosures.

 

     U-2

     

    

 

	Item
    on Form 10-D	Party
    Responsible 
	Item
    8:  Significant Enhancement Provider Information	Depositor
	Item
                                         9: Other Information

         

        (i)
        Balances of the Distribution Account, the Interest Reserve Account, the Excess Interest Distribution Account, Excess Liquidation
        Proceeds Reserve Account, the Exchangeable Distribution Account, Collection Account, any Loan Combination Custodial Account
        and each REO Account as of the related Distribution Date and the preceding Distribution Date; and

         

        (ii)
        information other than those specified in clause (i) above, but only to the extent of any information that meets all the
        following conditions: (a) such information constitutes “Form 8-K Disclosure” pursuant to Exhibit Z, (b) such
        information is required to be reported as “Form 8-K Disclosure” during the period to which the Form 10-D relates,
        and (c) such information was not previously reported as “Form 8-K Disclosure”.

         
	Any
                                         party responsible for disclosure items on Form 8-K to the extent of such items

         

        Certificate
        Administrator (with respect to the balances of the Distribution Account, the Interest Reserve Account, the Excess Interest
        Distribution Account, Excess Liquidation Proceeds Reserve Account and the Exchangeable Distribution Account as of the
        related Distribution Date and the preceding Distribution Date)

         

        Master
        Servicer (with respect to the balances of the Collection Account and any Loan Combination Custodial Account as of the
        related Distribution Date and the preceding Distribution Date)

         

        Special
Servicer (with respect to the balance of each REO Account as of the related Distribution Date and the preceding Distribution Date) 

	Item
    10:  Exhibits	Certificate
Administrator 

        Depositor

        

 

     U-3

     

    

 

EXHIBIT
V

ADDITIONAL FORM 10-K DISCLOSURE

 

The
parties identified in the “Party Responsible” column (with each Servicing Function Participant deemed to be responsible
for the following items for which the party that retained such Servicing Function Participant is responsible) are obligated pursuant
to Section 10.05 of the Pooling and Servicing Agreement to disclose to the Depositor, the Certificate Administrator, each Other
Depositor and Other Exchange Act Reporting Party to which such Additional Form 10-K Disclosure is relevant for Exchange Act reporting
purposes, any information described in the corresponding Form 10-K Item described in the “Item on Form 10-K” column
to the extent such party has actual knowledge (and in the case of net operating income, financial statements, budgets and/or rent
rolls required to be provided in connection with the Additional Item below consisting of disclosure per Item 1112(b) of Regulation
AB, possession) (in each case, after complying with its affirmative obligations, if any, under the Pooling and Servicing Agreement
to obtain such information) of such information (other than information as to such party itself which such party is obligated
to provide). Each of the Certificate Administrator, the Trustee, the Master Servicer and the Special Servicer shall be entitled
to rely on the accuracy of the Prospectus (other than information with respect to itself that is set forth in or omitted from
the Prospectus), in the absence of specific written notice to the contrary from the Depositor or Mortgage Loan Sellers. Each of
the Certificate Administrator, the Trustee, the Master Servicer and the Special Servicer (in its capacity as such) shall be entitled
to conclusively assume that there is no “significant obligor” other than a party identified as such in the Prospectus.
For this Benchmark 2022-B35 Mortgage Trust Pooling and Servicing Agreement, each of the Certificate Administrator, the Trustee,
the Master Servicer and the Special Servicer (in its capacity as such) shall be entitled to assume that there is no provider of
credit enhancement, liquidity or derivative instruments within the meaning of Items 1114 or 1115 of Regulation AB other than a
party identified as such in the Prospectus.

 

	Item
    on Form 10-K	Party
    Responsible 
	Item
                                         1B: Unresolved Staff Comments

         
	Depositor
	Item
    9B:  Other Information	Any
    party responsible for disclosure items on Form 8-K to the extent of such items
	Item
    15:  Exhibits, Financial Statement Schedules	Certificate
Administrator 

        Depositor 

	Additional
                                         Item:

         

        Disclosure
        per Item 1117 of Regulation AB

        
	(i)
    All parties to the Pooling and Servicing Agreement (as to themselves), (ii) any other Reporting Servicer (as to itself), (iii)
    the Trustee, the Certificate Administrator, the Master Servicer, the Depositor and the Special Servicer, in each case as to
    the Trust (in the case of the Master Servicer, the Depositor and the Special Servicer, to be reported by the party controlling
    such 

 

     V-1

     

    

 

	Item
    on Form 10-K	Party
    Responsible 
	 	litigation), (iv) each Mortgage Loan Seller as to itself and as to each Regulation AB Item 1110(b) originator with respect
    to such Mortgage Loan Seller’s Mortgage Loans and as to each Regulation AB Item 1100(d)(1) party either affiliated with
    or retained by such Mortgage Loan Seller, or with whom such Mortgage Loan Seller contracts
	Additional
Item: 

        Disclosure
        per Item 1119 of Regulation AB

         
	(i)
All parties to the Pooling and Servicing Agreement as to themselves (in the case of the Master Servicer, only as to 1119(a) affiliations
with Significant Obligors identified in the Pooling and Servicing Agreement, the Trustee, the Certificate Administrator, the Special
Servicer or a sub-servicer described in 1108(a)(3) and, in the case of the Special Servicer, only as to 1119(a) affiliations with
Significant Obligors identified in the Pooling and Servicing Agreement, the Trustee, the Certificate Administrator, the Master 

        Servicer
        or a sub-servicer described in 1108(a)(3)), (ii) each Mortgage Loan Seller as to itself and as to each Regulation
        AB Item 1110 originator with respect to such Mortgage Loan Seller’s Mortgage Loans and as to each Regulation AB
        Item 1100(d)(1) party either affiliated with or retained by such Mortgage Loan Seller, or with whom such Mortgage Loan
        Seller contracts, (iii) the Depositor as to the enhancement or support provider

         

	Additional
Item: 

        Disclosure
        per Item 1112(b) of Regulation AB

        
	Master
Servicer (excluding information for which the Special Servicer is the “Party Responsible”) 

        Special
Servicer (as to REO Properties)

	Additional
Item: 

        Disclosure
        per Items 1114(b)(2) and 1115(b) of Regulation AB

        
	Depositor

 

     V-2

     

    

 

EXHIBIT
W-1

FORM OF ADDITIONAL DISCLOSURE NOTIFICATION

 

**SEND
VIA EMAIL TO THE E-MAIL ADDRESSES IMMEDIATELY BELOW AND VIA OVERNIGHT MAIL TO THE PHYSICAL ADDRESSES IMMEDIATELY BELOW**

 

	Computershare
Trust Company, National Association,

                           as Certificate Administrator  

        9062
Old Annapolis Road 

        Columbia,
Maryland 21045 

        Attention:
Corporate Trust Services – Benchmark 2022-B35 

        with
a copy to: 

        cts.cmbs.bond.admin@wellsfargo.com 

        trustadministrationgroup@wellsfargo.com

         
	 	Citigroup
Commercial Mortgage Securities Inc. 

        388
Greenwich Street, 6th Floor

New York, New York 10013

Attention: Richard Simpson 

        Telecopy
number: (646) 328-2943 

        E-mail:
        richard.simpson@citi.com

         

	Citigroup
Commercial Mortgage Securities Inc. 

        390
Greenwich Street, 5th Floor 

        New
York, New York 10013 

        Attention:
Raul Orozco 

        Telecopy
number: (347) 394-0898 

        E-mail:
raul.d.orozco@citi.com
	 	Citigroup
Commercial Mortgage Securities Inc. 

        388
Greenwich Street, 17th Floor 

        New
York, New York 10013 

        Attention:
Ryan M. O’Connor 

        Telecopy
number: (646) 862-8988 

        E-mail:
        ryan.m.oconnor@citi.com

        

 

RE:
**Additional Form [10-D][10-K][8-K] Disclosure** Required

 

Ladies
and Gentlemen:

 

In
accordance with Section [  ] of the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling
and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as depositor, KeyBank National Association,
as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor and as Asset Representations
Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington Trust, National Association,
as Trustee, the undersigned, as [          ], hereby notifies you that certain
events have come to our attention that [will] [may] need to be disclosed on Form [10-D][10-K][8-K].

 

Description
of Additional Form [10-D][10-K][8-K] Disclosure:

 

     W-1-1

     

    

 

List
of any Attachments hereto to be included in the Additional Form [10-D][10-K][8-K] Disclosure:

 

Any
inquiries related to this notification should be directed to [                              ], phone number: [          ]; email address: [                    ].

 

	 	[NAME OF PARTY],
	 	as
    [role]
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

     W-1-2

     

    

 

EXHIBIT
W-2

FORM OF ADDITIONAL DISCLOSURE NOTIFICATION (ACCOUNTS)

 

Computershare
Trust Company, National Association,

as
Certificate Administrator  

9062
Old Annapolis Road 

Columbia,
Maryland 21045 

Attention:
Corporate Trust Services – Benchmark 2022-B35

 

RE:
**Additional Form [10-D][10-K][8-K] Disclosure** Required

 

Ladies
and Gentlemen:

 

In
accordance with Section 10.04 of the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and
Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as depositor, KeyBank National Association,
as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor and as Asset Representations
Reviewer, Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington Trust, National Association,
as Trustee, the undersigned, as [          ], hereby notifies you that certain
events have come to our attention that [will] [may] need to be disclosed on Form [10-D][10-K][8-K].

 

Description
of Additional Form [10-D][10-K][8-K] Disclosure:

 

[With
respect to the securitization accounts balance information:

 

	Account
    Name	Beginning
Balance as of  

        MM/DD/YYYY 
	Ending
Balance as of  

        MM/DD/YYYY 

	Collection
    Account	 	 
	Loan
Combination Custodial Account(s) : 

        [_____________]
Loan Combination 

        [_____________]
Loan Combination 

        [_____________]
Loan Combination 

        [_____________]
Loan Combination 

        [_____________]
Loan Combination 
	 	 
	REO Account(s)	 	 

 

     W-2-1

     

    

 

List
of any Attachments hereto to be included in the Additional Form [10-D][10-K][8-K] Disclosure:

 

Any
inquiries related to this notification should be directed to [                              ], phone number: [          ]; email address: [                    ].

 

	 	[NAME OF PARTY],
	 	as
    [role]
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

     W-2-2

     

    

 

EXHIBIT
W-3

 

Form
of Notice of ADDITIONAL 

INDEBTEDNESS
NOTIFICATION

 

Computershare
Trust Company, National Association,

as
Certificate Administrator  

9062
Old Annapolis Road 

Columbia,
Maryland 21045 

Attention:
Corporate Trust Administration Group – Benchmark 2022-B35

 

Ref:
Benchmark 2022-B35, Additional Debt Notice for Form 10-D

 

The
following information is being furnished to you for inclusion on Form 10-D pursuant to Section 10.04(c) of the Pooling and Servicing
Agreement

 

	 	Portfolio
    Name	Mortgage
    Loan	Position
    in Debt Stack	Additional
    

    Debt	OPB	OPB
    Date	Appraised
    

    Value	Appraised
    Value Date	Aggregate
    

    LTV	Aggregate
    NCF DSCR	Aggregate
    

    NCF DSCR 

    Date	Primary
    

    Servicer	Master
    Servicer	Lead
    

    Servicer	Prospectus
    

    ID
	1	Benchmark
    2022-B35	 	 	$	 	 	$	 	%	 	 	 	 	 	 
	 	Outside
    the Trust	 	 	$	 	 	$	 	%	 	 	 	 	 	 
	 	Outside
    the Trust	 	 	$

        
	 	 	$	 	%	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	Total

                                                
	 	 	$	 	 	 	 	 	 	 	 	 	 	 
	2	Benchmark
    2022-B35	 	 	$	 	 	$	 	%	 	 	 	 	 	 
	 	Outside
    the Trust	 	 	$	 	 	$	 	%	 	 	 	 	 	 
	 	Outside
    the Trust	 	 	$

        
	 	 	$	 	%	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	Total

                                                
	 	 	$	 	 	 	 	 	 	 	 	 	 	 
	3	Benchmark
    2022-B35	 	 	$	 	 	$	 	%	 	 	 	 	 	 
	 	Outside
    the Trust	 	 	$	 	 	$	 	%	 	 	 	 	 	 
	 	Outside
    the Trust	 	 	$

        
	 	 	$	 	%	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	Total

        
	 	 	$	 	 	 	 	 	 	 	 	 	 	 

 

     W-3-1

     

    

 

EXHIBIT
X

FORM OF CERTIFICATION TO BE PROVIDED WITH FORM 10-K

 

CERTIFICATIONS

 

I,
[identifying the certifying individual], certify that:

 

		1.	I
                                         have reviewed this report on Form 10-K, and all reports on Form 10-D required to be filed
                                         in respect of the period covered by this report on Form 10-K, of Benchmark 2022-B35 Mortgage
                                         Trust (the “Exchange Act Periodic Reports”);

 

		2.	Based
                                         on my knowledge, the Exchange Act Periodic Reports, taken as a whole, do not contain
                                         any untrue statement of a material fact or omit to state a material fact necessary to
                                         make the statements made, in light of the circumstances under which such statements were
                                         made, not misleading with respect to the period covered by this report;

 

		3.	Based
                                         on my knowledge, all of the distribution, servicing and other information required to
                                         be provided under Form 10-D for the period covered by this report is included in the
                                         Exchange Act Periodic Reports;

 

		4.	Based
                                         on my knowledge and the servicer compliance statement(s) required in this report under
                                         Item 1123 of Regulation AB, and except as disclosed in the Exchange Act Periodic Reports,
                                         the servicers have fulfilled their obligations under the servicing agreement(s) in all
                                         material respects; and

 

		5.	All
                                         of the reports on assessment of compliance with servicing criteria for asset-backed securities
                                         and their related attestation reports on assessment of compliance with servicing criteria
                                         for asset-backed securities required to be included in this report in accordance with
                                         Item 1122 of Regulation AB and Exchange Act Rules 13a-18 and 15d-18 have been included
                                         as an exhibit to this report, except as otherwise disclosed in this report. Any material
                                         instances of noncompliance described in such reports have been disclosed in this report
                                         on Form 10-K.

 

In
giving the certifications above, I have reasonably relied on information provided to me by the following unaffiliated parties:
[Master Servicer][Special Servicer][Certificate Administrator][Trustee][Custodian][Operating Advisor][Outside Servicer][Outside
Special Servicer]

 

Date: _________________________

 

_______________________________________ 

[Signature]

[Title]

 

     X-1

     

    

 

EXHIBIT
Y-1

FORM OF CERTIFICATION TO BE PROVIDED

TO DEPOSITOR BY THE CERTIFICATE ADMINISTRATOR

 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust (the “Trust”), Commercial Mortgage Pass-Through
                                         Certificates, Series 2022-B35 (the “Certificates”), issued pursuant
                                         to the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling
                                         and Servicing Agreement”), between Citigroup Commercial Mortgage Securities
                                         Inc., as depositor, KeyBank National Association, as master servicer and as special servicer,
                                         Park Bridge Lender Services LLC, as operating advisor and as asset representations reviewer,
                                         Computershare Trust Company, National Association, as certificate administrator (in such
                                         capacity, the “Certificate Administrator”), and Wilmington Trust,
                                         National Association, as trustee.                                            

 

I,
[identifying the certifying individual], a [title] of [CERTIFICATE ADMINISTRATOR], certify to Citigroup Commercial Mortgage Securities
Inc., each Other Depositor and their respective officers, directors and affiliates, and with the knowledge and intent that they
will rely upon this certification, that:

 

1.          I have reviewed the annual report on Form 10-K for the fiscal year 20__, and all reports on Form 10-D and Form 8-K required to
be filed in respect of periods covered by that annual report on Form 10-K, of the Trust (the “Exchange Act Periodic Reports”);

 

2.          Based on my knowledge, the distribution information in Exchange Act Periodic Reports, taken as a whole, does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances
under which such statements were made, not misleading with respect to the period covered by that report on Form 10-K;

 

3.          Based on my knowledge, all of the distribution, servicing and other information required to be provided by the Certificate Administrator
pursuant to the Pooling and Servicing Agreement for inclusion in the Exchange Act Periodic Reports is included in such reports;
and

 

4.          The report on assessment of compliance with servicing criteria for asset-backed securities and the related attestation report
on assessment of compliance with servicing criteria for asset-backed securities required to be delivered by the Certificate Administrator
in accordance with Section 10.09 and Section 10.10 of the Pooling and Servicing Agreement discloses all material instances of
noncompliance with the Relevant Servicing Criteria (as defined in the Pooling and Servicing Agreement).

 

     Y-1-1

     

    

 

In
giving the certifications above, I have reasonably relied on information provided to me by the following unaffiliated parties:
[list applicable transaction parties].

 

Date: _________________________

 

[                          ]

 

	By:		 
	 	[Name]	 

 

     Y-1-2

     

    

EXHIBIT
Y-2

FORM OF CERTIFICATION TO BE PROVIDED TO DEPOSITOR

BY THE MASTER SERVICER

 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust (the “Trust”), Commercial Mortgage Pass-Through
                                         Certificates, Series 2022-B35 (the “Certificates”), issued pursuant
                                         to the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling
                                         and Servicing Agreement”), between Citigroup Commercial Mortgage Securities
                                         Inc., as depositor, KeyBank National Association, as master servicer (in such capacity,
                                         the “Master Servicer”) and as special servicer (in such capacity,
                                         the “Special Servicer”), Park Bridge Lender Services LLC, as operating
                                         advisor and asset representations reviewer, Computershare Trust Company, National Association,
                                         as certificate administrator (in such capacity, the “Certificate Administrator”),
                                         and Wilmington Trust, National Association, as trustee            

 

I,
[identify the certifying individual], a [title] of [MASTER SERVICER], certify to Citigroup Commercial Mortgage Securities Inc.,
each Other Depositor and their respective officers, directors and affiliates, and with the knowledge and intent that they will
rely upon this certification in delivering the certification required by the Pooling and Servicing Agreement relating to the Certificates
and/or the certification required by the applicable Other Pooling and Servicing Agreement relating to the securities issued by
the applicable Other Securitization Trust (capitalized terms used herein without definition shall have the meanings assigned to
such terms in the Pooling and Servicing Agreement), that:

 

		(1)	I
                                         have (or a Servicing Officer under my supervision has) reviewed the servicing reports
                                         covering the fiscal year 20__ required to be delivered by the Master Servicer to the
                                         Certificate Administrator and each applicable Other Exchange Act Reporting Party in accordance
                                         with the Pooling and Servicing Agreement;

 

		(2)	Based
                                         on my knowledge, and assuming the accuracy of the statements required to be made in the
                                         corresponding certificate of the Special Servicer (to the extent such statements are
                                         relevant to the statements made in this certification by the Master Servicer), the servicing
                                         information in these reports, taken as a whole, does not contain any untrue statement
                                         of a material fact or omit to state a material fact necessary to make the statements
                                         made, in light of the circumstances under which such statements were made, not misleading
                                         with respect to the period covered by these servicing reports;

 

		(3)	Based
                                         on my knowledge, and assuming the accuracy of the statements required to be made in the
                                         corresponding certificate of the Special Servicer (to the extent such statements are
                                         relevant to the statements made in this certification by the Master Servicer), the servicing
                                         information required to be provided in these servicing reports to the Certificate Administrator
                                         and each applicable Other Exchange Act Reporting Party by the Master Servicer under the
                                         Pooling and Servicing Agreement is included in the

 

    Y-2-1

     

    

 

	 	 	servicing
                                         reports delivered by the Master Servicer to the Certificate Administrator and each applicable
                                         Other Exchange Act Reporting Party;

 

		(4)	I
                                         am, or an employee under my supervision is, responsible for reviewing the activities
                                         performed by the Master Servicer under the Pooling and Servicing Agreement and based
                                         upon my knowledge and the compliance review conducted in preparing the servicer compliance
                                         statement required under Section 10.08 of the Pooling and Servicing Agreement with respect
                                         to the Master Servicer, and except as disclosed in such compliance statement delivered
                                         by the Master Servicer under Section 10.08 of the Pooling and Servicing Agreement, the
                                         Master Servicer has fulfilled its obligations under the Pooling and Servicing Agreement
                                         in all material respects in the year to which such review applies; and

 

		(5)	The
                                         report on assessment of compliance with servicing criteria for asset-backed securities
                                         and the related attestation report on assessment of compliance with servicing criteria
                                         for asset-backed securities required to be delivered in accordance with Section 10.09
                                         and Section 10.10 of the Pooling and Servicing Agreement discloses all material instances
                                         of noncompliance with the Relevant Servicing Criteria.

 

Further,
notwithstanding the foregoing certifications, the Master Servicer does not make any certification under the foregoing clauses
1 through 5 that is in turn dependent upon information required to be provided by any sub-servicer acting under a sub-servicing
agreement that the Master Servicer entered into in connection with the issuance of the Certificates, or upon the performance by
any such sub-servicer of its obligations pursuant to any such sub-servicing agreement, in each case beyond the respective backup
certifications actually provided by such sub-servicer to the Master Servicer with respect to the information that is subject of
such certification.

 

Date: _________________________

 

[                              ]

 

By:____________________________

[Name]

 

    Y-2-2

     

    

EXHIBIT
Y-3

FORM OF CERTIFICATION TO BE PROVIDED TO DEPOSITOR

BY THE SPECIAL SERVICER

 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust (the “Trust”), Commercial Mortgage Pass-Through
                                         Certificates, Series 2022-B35 (the “Certificates”), issued pursuant
                                         to the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling
                                         and Servicing Agreement”), between Citigroup Commercial Mortgage Securities
                                         Inc., as depositor, KeyBank National Association, as master servicer (in such capacity,
                                         the “Master Servicer”) and as special servicer (in such capacity,
                                         the “Special Servicer”), Park Bridge Lender Services LLC, as operating
                                         advisor and asset representations reviewer, Computershare Trust Company, National Association,
                                         as certificate administrator (in such capacity, the “Certificate Administrator”),
                                         and Wilmington Trust, National Association, as trustee          

 

I,
[identify the certifying individual], a [title] of [SPECIAL SERVICER], certify to Citigroup Commercial Mortgage Securities Inc.,
each Other Depositor and their respective officers, directors and affiliates, and with the knowledge and intent that they will
rely upon this certification in delivering the certification required by the Pooling and Servicing Agreement relating to the Certificates
and/or the certification required by the applicable Other Pooling and Servicing Agreement relating to the securities issued by
the applicable Other Securitization Trust (capitalized terms used herein without definition shall have the meanings assigned to
such terms in the Pooling and Servicing Agreement), that:

 

1.     
Based on my knowledge, the servicing information in the servicing reports or information covering the fiscal year 20__ required
to be delivered by the Special Servicer to the Master Servicer under the Pooling and Servicing Agreement, taken as a whole, does
not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in
light of the circumstances under which such statements were made, not misleading with respect to the period covered by these servicing
reports;

 

1.     
Based on my knowledge, the servicing information required to be provided to the Master Servicer by the Special Servicer under
the Pooling and Servicing Agreement for inclusion in the reports to be filed by the Certificate Administrator is included in the
servicing reports delivered by the Special Servicer to the Master Servicer;

 

2.     
I am, or an employee under my supervision is, responsible for reviewing the activities performed by the Special Servicer under
the Pooling and Servicing Agreement and based upon my knowledge and the compliance review conducted in preparing the servicer
compliance statement required under Section 10.08 of the Pooling and Servicing Agreement with respect to the Special Servicer,
and except as disclosed in such compliance statement delivered by the Special Servicer under Section 10.08 of the Pooling and
Servicing Agreement, the Special Servicer has fulfilled its obligations under the Pooling and Servicing Agreement in all material
respects in the year to which such review applies; and

 

    Y-3-1

     

    

 

3.     
The report on assessment of compliance with servicing criteria for asset-backed securities and the related attestation report
on assessment of compliance with servicing criteria for asset-backed securities required to be delivered in accordance with Section
10.09 and Section 10.10 of the Pooling and Servicing Agreement discloses all material instances of noncompliance with the Relevant
Servicing Criteria.

 

Date: _________________________

 

[                           ]

 

By:____________________________ 

[Name] 

[Title]

 

    Y-3-2

     

    

EXHIBIT
Y-4

FORM OF CERTIFICATION TO BE PROVIDED TO DEPOSITOR

BY THE OPERATING ADVISOR

 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust (the “Trust”), Commercial Mortgage Pass-Through
                                         Certificates, Series 2022-B35 (the “Certificates”), issued pursuant
                                         to the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling
                                         and Servicing Agreement”), between Citigroup Commercial Mortgage Securities
                                         Inc., as depositor, KeyBank National Association, as master servicer and as special servicer,
                                         Park Bridge Lender Services LLC, as operating advisor (in such capacity, the “Operating
                                         Advisor”) and asset representations reviewer, Computershare Trust Company,
                                         National Association, as certificate administrator (in such capacity, the “Certificate
                                         Administrator”), and Wilmington Trust, National Association, as trustee                                                    

 

I,
[identify the certifying individual], a [title] of [OPERATING ADVISOR], certify to Citigroup Commercial Mortgage Securities Inc.
and its officers, directors and affiliates, and with the knowledge and intent that they will rely upon this certification in delivering
the Sarbanes-Oxley Certification required by Section 10.06 of the Pooling and Servicing Agreement relating to the Certificates
(capitalized terms used herein without definition shall have the meanings assigned to such terms in the Pooling and Servicing
Agreement), that:

 

1.     
Based on my knowledge, the information required by the Pooling and Servicing Agreement to be provided to the Certificate Administrator
by the Operating Advisor covering the fiscal year 20__, taken as a whole, does not contain any untrue statement of a material
fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by these reports;

 

2.     
Based on my knowledge, the information required to be provided to the Certificate Administrator by the Operating Advisor under
the Pooling and Servicing Agreement for inclusion in the Exchange Act reports to be filed by the Certificate Administrator is
included in the reports delivered by the Operating Advisor to the Certificate Administrator;

 

3.     
I am, or an officer under my supervision is, responsible for reviewing the activities performed by the Operating Advisor under
the Pooling and Servicing Agreement and based upon my knowledge the Operating Advisor has, except as described in any information
provided to the Certificate Administrator by the Operating Advisor covering the fiscal year 20[__], fulfilled its obligations
under the Pooling and Servicing Agreement in all material respects in the year to which such review applies; and

 

4.     
The report on assessment of compliance with servicing criteria for asset-backed securities and the related attestation report
on assessment of compliance with servicing criteria for asset-backed securities required to be delivered in accordance with Section
10.09 and

 

    Y-4-1

     

    

 

Section 10.10 of the Pooling and Servicing Agreement discloses all material instances of noncompliance with the Relevant
Servicing Criteria.

 

[In
giving the certifications above, I have reasonably relied on information provided to me by the following unaffiliated parties:
[list applicable transaction parties].]

 

Date: _________________________

 

[                           ]

 

By:____________________________ 

[Name]

[Title]

 

    Y-4-2

     

    

EXHIBIT
Y-5

FORM OF CERTIFICATION TO BE PROVIDED TO DEPOSITOR

BY THE CUSTODIAN

 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust (the “Trust”), Commercial Mortgage Pass-Through
                                         Certificates, Series 2022-B35 (the “Certificates”), issued pursuant
                                         to the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling
                                         and Servicing Agreement”), between Citigroup Commercial Mortgage Securities
                                         Inc., as depositor, KeyBank National Association, as master servicer and as special servicer,
                                         Park Bridge Lender Services LLC, as operating advisor and asset representations reviewer,
                                         Computershare Trust Company, National Association, as certificate administrator (in such
                                         capacity, the “Certificate Administrator”) and custodian (in such
                                         capacity, the “Custodian”), and Wilmington Trust, National Association,
                                         as trustee (in such capacity, the “Trustee”)                                                                                             

 

I,
[identify the certifying individual], a [title] of [CUSTODIAN], certify to Citigroup Commercial Mortgage Securities Inc., each
Other Depositor and their respective officers, directors and affiliates, and with the knowledge and intent that they will rely
upon this certification in delivering the Sarbanes-Oxley Certification required by Section 10.06 of the Pooling and Servicing
Agreement relating to the Certificates and/or the Sarbanes-Oxley Act certification required by the applicable Other Pooling and
Servicing Agreement relating to the securities issued by the applicable Other Securitization Trust (capitalized terms used herein
without definition shall have the meanings assigned to such terms in the Pooling and Servicing Agreement), that:

 

1.     
Based on my knowledge, the information required by the Pooling and Servicing Agreement to be provided to the Certificate Administrator
and each applicable Other Exchange Act Reporting Party by the Custodian covering the fiscal year 20__, taken as a whole, does
not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in
light of the circumstances under which such statements were made, not misleading with respect to the period covered by these reports;

 

2.     
Based on my knowledge, the information required to be provided to the Certificate Administrator by the Custodian under the Pooling
and Servicing Agreement for inclusion in the Exchange Act reports to be filed by the Certificate Administrator is included in
the reports delivered by the Custodian to the Certificate Administrator;

 

3.     
I am, or an officer under my supervision is, responsible for reviewing the activities performed by the Custodian under the Pooling
and Servicing Agreement and based upon my knowledge the Custodian has, except as described in any information provided to the
Certificate Administrator by the Custodian covering the fiscal year 20[__], fulfilled its obligations under the Pooling and Servicing
Agreement in all material respects in the year to which such review applies; and

 

    Y-5-1

     

    

 

4.     
The report on assessment of compliance with servicing criteria for asset-backed securities and the related attestation report
on assessment of compliance with servicing criteria for asset-backed securities required to be delivered in accordance with Section
10.09 and Section 10.10 of the Pooling and Servicing Agreement discloses all material instances of noncompliance with the Relevant
Servicing Criteria.

 

In
giving the certifications above, I have reasonably relied on information provided to me by the following unaffiliated parties:
[list applicable transaction parties].

 

Date: _________________________

 

[                           ]

 

By:____________________________

[Name]

[Title]

 

    Y-5-2

     

    

EXHIBIT
Y-6

FORM OF CERTIFICATION TO BE PROVIDED TO DEPOSITOR

BY THE TRUSTEE

 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust (the “Trust”), Commercial Mortgage Pass-Through Certificates,
                                         Series 2022-B35 (the “Certificates”), issued pursuant to the Pooling
                                         and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing
                                         Agreement”), between Citigroup Commercial Mortgage Securities Inc., as depositor,
                                         KeyBank National Association, as master servicer and as special servicer, Park Bridge
                                         Lender Services LLC, as operating advisor and asset representations reviewer, Computershare
                                         Trust Company, National Association, as certificate administrator (in such capacity,
                                         the “Certificate Administrator”), and Wilmington Trust, National
                                         Association, as trustee (in such capacity, the “Trustee”) 

 

I,
[identify the certifying individual], a [title] of [TRUSTEE], certify to Citigroup Commercial Mortgage Securities Inc., each Other
Depositor and their respective officers, directors and affiliates, and with the knowledge and intent that they will rely upon
this certification in delivering the Sarbanes-Oxley Certification required by Section 10.06 of the Pooling and Servicing
Agreement relating to the Certificates and/or the Sarbanes-Oxley Act certification required by the applicable Other Pooling and
Servicing Agreement relating to the securities issued by the applicable Other Securitization Trust (capitalized terms used herein
without definition shall have the meanings assigned to such terms in the Pooling and Servicing Agreement), that:

 

1.     
Based on my knowledge, the information required by the Pooling and Servicing Agreement to be provided to the Certificate Administrator
and each applicable Other Exchange Act Reporting Party by the Trustee covering the fiscal year 20__, taken as a whole, does not
contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light
of the circumstances under which such statements were made, not misleading with respect to the period covered by these reports;

 

2.     
Based on my knowledge, the information required to be provided to the Certificate Administrator by the Trustee under the Pooling
and Servicing Agreement for inclusion in the Exchange Act reports to be filed by the Certificate Administrator is included in
the reports delivered by the Trustee to the Certificate Administrator;

 

3.     
I am, or an officer under my supervision is, responsible for reviewing the activities performed by the Trustee under the Pooling
and Servicing Agreement and based upon my knowledge the Trustee has, except as described in any information provided to the Certificate
Administrator by the Trustee covering the fiscal year 20[__], fulfilled its obligations under the Pooling and Servicing Agreement
in all material respects in the year to which such review applies; and

 

    Y-6-1

     

    

 

4.     
The report on assessment of compliance with servicing criteria for asset-backed securities and the related attestation report
on assessment of compliance with servicing criteria for asset-backed securities required to be delivered in accordance with Section
10.09 and Section 10.10 of the Pooling and Servicing Agreement discloses all material instances of noncompliance with the Relevant
Servicing Criteria.

 

In
giving the certifications above, I have reasonably relied on information provided to me by the following unaffiliated parties:
[list applicable transaction parties].

 

Date: _________________________

 

[                           ]

 

By:____________________________ 

[Name] 

[Title]

 

    Y-6-2

     

    

EXHIBIT
Y-7

FORM OF CERTIFICATION TO BE PROVIDED TO DEPOSITOR

BY THE ASSET REPRESENTATIONS REVIEWER

 

		Re:	Benchmark 2022-B35 Mortgage Trust (the “Trust”),
Commercial Mortgage Pass-Through Certificates, Series 2022-B35 (the “Certificates”), issued pursuant to the
Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Citigroup
Commercial Mortgage Securities Inc., as depositor, KeyBank National Association, as master servicer (in such capacity, the “Master
Servicer”) and as special servicer (in such capacity, the “Special Servicer”), Park Bridge Lender
Services LLC, as operating advisor and as asset representations reviewer (in such capacity, the “Asset Representations
Reviewer”), Computershare Trust Company, National Association, as certificate administrator (in such capacity, the “Certificate
Administrator”), and Wilmington Trust, National Association, as trustee (in such capacity, the “Trustee”) 	 

 

I,
[identify the certifying individual], a [title] of [ASSET REPRESENTATIONS REVIEWER], certify to Citigroup Commercial Mortgage
Securities Inc. and its officers, directors and affiliates, and with the knowledge and intent that they will rely upon this certification
in delivering the Sarbanes-Oxley Certification required by Section 10.06 of the Pooling and Servicing Agreement relating
to the Certificates (capitalized terms used herein without definition shall have the meanings assigned to such terms in the Pooling
and Servicing Agreement), that:

 

1.     
Based on my knowledge, with respect to the period ending [December 31, 20__] (the “Relevant Period”),
all information required to be submitted by the Asset Representations Reviewer to the Master Servicer, the Depositor, Trustee
or Certificate Administrator, as applicable, pursuant to the Pooling and Servicing Agreement for inclusion in the annual report
on Form 10-K for the Relevant Period and inclusion in all reports on Form 10-D or Form 8-K (the “Reports”)
(such information provided by the Asset Representations Reviewer, collectively, the “Asset Representations Reviewer Periodic
Information”) have been submitted by the Asset Representations Reviewer to the Master Servicer, the Depositor, the Trustee
or the Certificate Administrator, as applicable, for inclusion in the Reports;

 

2.     
Based on my knowledge, the Asset Representations Reviewer Periodic Information contained in the Reports, taken as a whole, does
not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in
light of the circumstances under which such statements were made, not misleading with respect to the period covered by the Form
10-K;

 

3.     
I am, or an officer under my supervision is, responsible for reviewing the activities performed by the Asset Representations Reviewer
under the Pooling and Servicing 

    Y-7-1

     

    

 

Agreement and based upon my knowledge the Asset Representations Reviewer has, except as described
in any information provided to the Certificate Administrator by the Asset Representations Reviewer covering the fiscal year 20[__],
fulfilled its obligations under the Pooling and Servicing Agreement in all material respects in the year to which such review
applies; and

 

[In
giving the certifications above, I have reasonably relied on information provided to me by the following unaffiliated parties:
[list applicable transaction parties].]

 

Date: _________________________

 

[                           ]

 

By:____________________________

[Name]

[Title]

 

    Y-7-2

     

    

EXHIBIT
Y-8

FORM OF CERTIFICATION TO BE PROVIDED TO DEPOSITOR

BY A SUB-SERVICER

 

		Re:	Benchmark 2022-B35 Mortgage Trust (the “Trust”), Commercial Mortgage Pass-Through Certificates, Series 2022-B35 (the “Certificates”), issued pursuant to the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as depositor, KeyBank National Association, as master servicer (in such capacity, the “Master Servicer”) and as special servicer (in such capacity, the “Special Servicer”), Park Bridge Lender Services LLC, as operating advisor (in such capacity, the “Operating Advisor”) and as asset representations reviewer, Computershare Trust Company, National Association, as certificate administrator (in such capacity, the “Certificate Administrator”), and Wilmington Trust, National Association, as trustee (in such capacity, the “Trustee”) 

                                                                                 

                                                                                and

                                                                                 

                                                                                Sub-servicing agreement, dated as of [______], 20[__] (the “Sub-Servicing Agreement”) between [_____________] and [SUB-SERVICER], as sub-servicer (the “Sub-Servicer”),                                         
	 

 

I,
[identify the certifying individual], a [title] of [SUB-SERVICER], certify to Citigroup Commercial Mortgage Securities Inc., each
Other Depositor and their respective officers, directors and affiliates, and with the knowledge and intent that they will rely
upon this certification in delivering the certification required by the Pooling and Servicing Agreement relating to the Certificates
and/or the certification required by the applicable Other Pooling and Servicing Agreement relating to the securities issued by
the applicable Other Securitization Trust (capitalized terms used herein without definition shall have the meanings assigned to
such terms in the Pooling and Servicing Agreement), that:

 

		(1)	I
                                         have (or a Servicing Officer under my supervision has) reviewed the servicing reports
                                         submitted by the Sub-Servicer to the Master Servicer, the Certificate Administrator and/or
                                         each applicable Other Exchange Act Reporting Party pursuant to the Sub-Servicing Agreement
                                         (the “Sub-Servicer Reports”) for inclusion in the annual report on
                                         Form 10-K or any report on Form 10-D with respect to the Trust covering the fiscal year
                                         20__ ;

 

		(2)	Based
                                         on my knowledge, and assuming the accuracy of the statements required to be made in the
                                         corresponding certificate of the Special Servicer (to the extent such statements are
                                         relevant to the statements made in this certification by the Sub-Servicer), the servicing
                                         information in the Sub-Servicer Reports, taken as a whole, does not contain any untrue
                                         statement of a material fact or omit to state a material fact necessary to make 

 

    Y-8-1

     

    

 

	 	 	the
                                         statements made, in light of the circumstances under which such statements were made,
                                         not misleading with respect to the period covered by the Sub-Servicer Reports;

 

		(3)	Based
                                         on my knowledge, and assuming the accuracy of the statements required to be made in the
                                         corresponding certificate of the Special Servicer (to the extent such statements are
                                         relevant to the statements made in this certification by the Sub-Servicer), the servicing
                                         information required to be provided in the Sub-Servicer Reports to the Master Servicer,
                                         the Certificate Administrator and/or each applicable Other Exchange Act Reporting Party
                                         by the Sub-Servicer under the Sub-Servicing Agreement is included in the Sub-Servicer
                                         Reports delivered by the Sub-Servicer to the Master Servicer the Certificate Administrator
                                         and/or each applicable Other Exchange Act Reporting Party;

 

		(4)	I
                                         am, or an employee under my supervision is, responsible for reviewing the activities
                                         performed by the Sub-Servicer under the Sub-Servicing Agreement and based upon my knowledge
                                         and the compliance review conducted in preparing the servicer compliance statement required
                                         under Section 10.08 of the Pooling and Servicing Agreement with respect to the Sub-Servicer,
                                         and except as disclosed in such compliance statement delivered by the Sub-Servicer under
                                         Section 10.08 of the Pooling and Servicing Agreement, the Sub-Servicer has fulfilled
                                         its obligations under the Sub-Servicing Agreement in all material respects in the year
                                         to which such review applies; and

 

		(5)	The
                                         report on assessment of compliance with servicing criteria for asset-backed securities
                                         and the related attestation report on assessment of compliance with servicing criteria
                                         for asset-backed securities required to be delivered in accordance with Section 10.09
                                         and Section 10.10 of the Pooling and Servicing Agreement discloses all material instances
                                         of noncompliance with the Relevant Servicing Criteria.

 

Date: _________________________

 

[                              ]

 

By:____________________________

[Name]

 

    Y-8-2

     

    

EXHIBIT
Z

FORM 8-K DISCLOSURE INFORMATION

 

The
parties identified in the “Party Responsible” column (with each Servicing Function Participant deemed to be responsible
for the following items for which the party that retained such Servicing Function Participant is responsible) are obligated pursuant
to Section 10.07 of the Pooling and Servicing Agreement to disclose to the Depositor, the Certificate Administrator, each Other
Depositor and Other Exchange Act Reporting Party to which such Form 8-K Disclosure Information is relevant for Exchange Act reporting
purposes, the occurrence of any event described in the corresponding Form 8-K Item described in the “Item on Form 8-K”
column to the extent such party has actual knowledge (after complying with its affirmative obligations, if any, under the Pooling
and Servicing Agreement to obtain such information) of such information (other than information as to such party itself which
such party is obligated to provide). Each of the Certificate Administrator, the Trustee, the Master Servicer and the Special Servicer
shall be entitled to rely on the accuracy of the Prospectus (other than information with respect to itself that is set forth in
or omitted from the Prospectus), in the absence of specific written notice to the contrary from the Depositor or Mortgage Loan
Sellers. Each of the Certificate Administrator, the Trustee, the Master Servicer and the Special Servicer (in its capacity as
such) shall be entitled to conclusively assume that there is no “significant obligor” other than a party identified
as such in the Prospectus. For this Benchmark 2022-B35 Mortgage Trust Pooling and Servicing Agreement, each of the Certificate
Administrator, the Trustee, the Master Servicer and the Special Servicer (in its capacity as such) shall be entitled to assume
that there is no provider of credit enhancement, liquidity or derivative instruments within the meaning of Items 1114 or 1115
of Regulation AB other than a party identified as such in the Prospectus.

 

	Item
    on Form 8-K	Party
    Responsible 
	Item
    1.01- Entry into a Material Definitive Agreement	Master
Servicer, Special Servicer and the Trustee (in the case of the Master Servicer, Special Servicer, and the Trustee, only as to
agreements it is a party to or entered into on behalf of the Trust)

Certificate Administrator (other than as to agreements
to which the Depositor (and no other party to the Pooling and Servicing Agreement) is a party) 

        Depositor 

	Item
    1.02- Termination of a Material Definitive Agreement	Master
                                         Servicer, Special Servicer and the Trustee (in the case of the Master Servicer, Special
                                         Servicer and the Trustee, only as to agreements it is a party to or entered into on behalf
                                         of the Trust)

         

        Certificate
Administrator (other than as to agreements to which the Depositor (and no other party to the Pooling and Servicing  

 

    Z-1

     

    

 

	Item
    on Form 8-K	Party
    Responsible 
	 	Agreement)
        is a party)

        Depositor
	Item
    1.03- Bankruptcy or Receivership	Depositor

    Each Mortgage Loan Seller as to itself

    Each other party to the Pooling and Servicing Agreement (as to itself)
	Item
    2.04- Triggering Events that Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet
    Arrangement	Depositor

    Certificate Administrator
	Item
    3.03- Material Modification to Rights of Security Holders	Certificate
    Administrator
	Item
    5.03- Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year	Depositor
	Item
    5.07:  Submission of Matters to a Vote of Security Holders	Certificate
Administrator 

        Trustee 

	Item
    6.01- ABS Informational and Computational Material	Depositor
	Item
    6.02- Change of Master Servicer, Special Servicer or Trustee	Master
Servicer (as to itself or a servicer retained by it) 

        Special
Servicer (as to itself or a servicer retained by it) 

        Trustee

Certificate Administrator (as to itself or a servicer
retained by it)

Depositor 

	Item
    6.03- Change in Credit Enhancement or Other External Support	Depositor

    Certificate Administrator
	Item
    6.04- Failure to Make a Required Distribution	Certificate
    Administrator
	Item
    6.05- Securities Act Updating Disclosure	Depositor
	Item
    7.01- Regulation FD Disclosure	Depositor
	Item
    8.01 – Other Events	Depositor
	Item
    9.01 – Financial Statements and Exhibits	Depositor

 

    Z-2

     

    

EXHIBIT
AA-1

FORM OF POWER OF ATTORNEY FOR MASTER SERVICER

 

RECORDING
REQUESTED BY:

 

KeyBank
National Association, 

11501
Outlook Street, Suite 300

Overland
Park, Kansas 66211

Attention:
Michael A. Tilden

Email:
michael_a_tilden@keybank.com;

Fax:
877-379-1625

 

 

SPACE
ABOVE THIS LINE FOR RECORDER’S USE

 

LIMITED
POWER OF ATTORNEY

 

KNOW
ALL MEN BY THESE PRESENTS, that Wilmington Trust, National Association, a national banking association, incorporated and existing
under the laws of the United States, having its usual place of business at 1100 North Market Street, Wilmington, Delaware 19890,
as Trustee (the “Trustee”) for Benchmark 2022-B35 Mortgage Trust pursuant to that Pooling and Servicing Agreement,
dated as of May 1, 2022 (the “Agreement”) between Citigroup Commercial Mortgage Securities Inc., as depositor,
KeyBank National Association, as master servicer and as special servicer, Park Bridge Lender Services LLC, as operating advisor
and as asset representations reviewer, Computershare Trust Company, National Association, as certificate administrator, and Wilmington
Trust, National Association, as trustee, relating to the Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates,
Series 2022-B35, hereby constitutes and appoints KeyBank National Association (the “Servicer”), by and through
the Servicer’s officers, the Trustee’s true and lawful Attorney-in-Fact, in the Trustee’s name, place and stead
and for the Trustee’s benefit, in connection with all mortgage loans serviced by the Servicer (the “Mortgage Loans”)
and all properties administered by the Servicer (“Properties”) pursuant to the Agreement, to execute and acknowledge
in writing or by facsimile stamp all documents customarily and reasonably necessary and appropriate to effectuate the enumerated
transactions described in items (1) through (13) below with respect to the Mortgage Loans and Properties; provided however, that
the documents described below may only be executed and delivered by such Attorneys-in-Fact if such documents are required or permitted
under the Agreement. Capitalized terms used herein and not otherwise defined herein have the meanings set forth in the Agreement.

 

		1.	The
                                         endorsement on behalf of the Trustee of all checks, drafts and/or other negotiable instruments
                                         made payable to the Trustee and to draw upon, replace, substitute, release or amend letters
                                         of credit standing as collateral securing any Mortgage Loan.

 

		2.	The
modification or re-recording of a Mortgage or deed of trust, where said modification or re-recording is solely for the purpose
of correcting such Mortgage or deed of trust to conform same to the original intent of the parties thereto or to 

 

    AA-1-1

     

    

 

	 	 	correct title errors
                                         discovered after such title insurance was issued; provided that said modification
                                         or re-recording, in either instance, (i) does not adversely affect the lien of the Mortgage
                                         or deed of trust as insured and (ii) otherwise conforms to the provisions of the
                                         Agreement.

 

		3.	The
                                         subordination of the lien of a Mortgage or deed of trust to an easement in favor of a
                                         public utility company or a government agency or unit with powers of eminent domain;
                                         this section shall include, without limitation, the execution of partial satisfactions/releases,
                                         partial reconveyances or the execution of requests to trustees to accomplish same.

 

		4.	The
                                         conveyance of the properties to the mortgage insurer, or the closing of the title to
                                         the property to be acquired as real estate owned, or conveyance of title to real estate
                                         owned.

 

		5.	The
                                         completion of loan assumption agreements and transfers of interest in borrower entities.

 

		6.	The
                                         full satisfaction/release of a Mortgage or deed of trust or full conveyance upon payment
                                         and discharge of all sums secured thereby, including, without limitation, cancellation
                                         of the related Mortgage Note.

 

		7.	The
                                         assignment of any Mortgage or deed of trust and the related Mortgage Note, in connection
                                         with the sale or repurchase of the mortgage loan secured and evidenced thereby.

 

		8.	The
                                         full assignment of a Mortgage or deed of trust upon payment and discharge of all sums
                                         secured thereby in conjunction with the refinancing thereof, including, without limitation,
                                         the assignment of the related Mortgage Note.

 

		9.	The
                                         full enforcement of and preservation of the Trustee’s interests in the Mortgage
                                         Notes, Mortgages or deeds of trust, and in the proceeds thereof, by way of, including
                                         but not limited to, taking title to any Mortgaged Property on behalf of the Trust, foreclosure,
                                         the taking of a deed-in-lieu of foreclosure, or the completion of judicial or non-judicial
                                         foreclosure and/or any related litigation, including without limitation, guaranty or
                                         receivership litigation, or litigation on the note, or the termination, cancellation
                                         or rescission of any such foreclosure, the initiation, prosecution and completion of
                                         eviction actions or proceedings with respect to, or the termination, cancellation or
                                         rescission of any such eviction actions or proceedings, the initiation or defense of
                                         any litigation related to the ownership of any REO Property, and the pursuit of title
                                         insurance, hazard insurance and claims in bankruptcy proceedings, including, without
                                         limitation, any and all of the following acts:

 

		a.	the
                                         substitution of trustee(s) serving under a deed of trust, in accordance with state law
                                         and such deed of trust;

 

    AA-1-2

     

    

 

		b.	the
                                         preparation and issuance of statements of breach or non-performance;

 

		c.	the
                                         preparation and filing of notices of default and/or notices of sale;

 

		d.	the
                                         cancellation/rescission of notices of default and/or notices of sale;

 

		e.	the
                                         taking of deed in lieu of foreclosure;

 

		f.	the
                                         filing, prosecution and defense of claims, and to appear on behalf of the Trustee, in
                                         bankruptcy cases affecting Mortgage Notes, Mortgages or deeds of trust;

 

		g.	the
                                         preparation and service of notices to quit and all other documents necessary to initiate,
                                         prosecute and complete eviction actions or proceedings;

 

		h.	the
                                         tendering, filing, prosecution and defense, as applicable, of hazard insurance and title
                                         insurance claims, including but not limited to appearing on behalf of the Trustee in
                                         quiet title actions;

 

		i.	the
                                         creation of a wholly-owned entity of the Trust for purposes of holding foreclosed property;
                                         and

 

		j.	the
                                         preparation and execution of such other documents and performance of such other actions
                                         as may be necessary under the terms of the Mortgage, deed of trust or state law to expeditiously
                                         complete said transactions in paragraphs 9.a. through 9.h. above.

 

		10.	With
                                         respect to the sale of property acquired through a foreclosure or deed-in lieu of foreclosure,
                                         including, without limitation, the execution of the following documentation:

		a.	listing
                                         agreements;

		b.	purchase
                                         and sale agreements;

		c.	grant/warranty/quit
                                         claim deeds or any other deed causing the transfer of title of the property to a party
                                         contracted to purchase same;

		d.	escrow
                                         instructions; and

		e.	any
                                         and all documents necessary to effect the transfer of property.

 

		11.	The
                                         modification or amendment of escrow agreements established for repairs to the mortgaged
                                         property or reserves for replacement of personal property.

 

		12.	Execute
                                         and/or file such documents and take such other action as is proper and necessary to defend
                                         the Trustee, solely in its capacity as Trustee, in litigation and to resolve such litigation,
                                         provided that such resolution shall not include any 

 

    AA-1-3

     

    

 

	 	 	admission
                                         of fault or wrongdoing by the Trustee or, without the Trustee’s consent, subject
                                         the Trustee to any form of injunctive relief.

 

		13.	The
                                         execution and delivery of the following:

 

		a.	any
                                         and all financing statements, continuation statements and other documents or instruments
                                         necessary to maintain the lien created by the Mortgage, deed of trust or other security
                                         document in the related Mortgage File or the related Mortgaged Property and other related
                                         collateral;

 

		b.	any
                                         and all instruments of satisfaction or cancellation, or of partial or full release or
                                         discharge, or of partial or full defeasance, and all other comparable instruments;

 

		c.	any
                                         and all assumptions, modifications, waivers, substitutions, extensions, amendments, consents
                                         to transfers of interests in borrowers, consents to any subordinate financings to be
                                         secured by any related Mortgaged Property, consents to any mezzanine financing to be
                                         secured by the ownership interests in a borrower, consents to and monitoring of the application
                                         of any proceeds of insurance policies or condemnation awards to the restoration of the
                                         related Mortgaged Property, or otherwise, documents relating to the management, operation,
                                         maintenance, repair, leasing and marketing of the related Mortgaged Properties (including
                                         agreements and requests by any borrower with respect to modifications of the standards
                                         of operation and management of such Mortgaged Properties or the replacement of asset
                                         managers), documents exercising any or all of the rights, powers and privileges granted
                                         or provided to the holder of any Mortgage Loan under the related loan documents, lease
                                         subordination agreements, non-disturbance and attornment agreements or other leasing
                                         or rental arrangements, managing agreements, any easements, covenants, conditions, restrictions,
                                         equitable servitudes, or land use or zoning requirements with respect to the Mortgaged
                                         Properties, instruments relating to the custody of any collateral that now secures or
                                         hereafter may secure any Mortgage Loan and any other consents; and

 

		d.	any
                                         and all documents, instruments and certifications as are reasonably necessary to complete
                                         or accomplish the Master Servicer’s duties and responsibilities under the Agreement.

 

The
undersigned gives said Attorney-in-Fact full power and authority to execute such instruments and to do and perform all and every
act and thing necessary and proper to carry into effect the power or powers granted by or under this Limited Power of Attorney
as fully as the undersigned might or could do, and hereby does ratify and confirm to all that said Attorney-in-Fact shall be effective
as of [EXECUTION DATE OF POA].

 

    AA-1-4

     

    

 

This
appointment is to be construed and interpreted as a limited power of attorney. The enumeration of specific items, rights, acts
or powers herein is not intended to, nor does it give rise to, and it is not to be construed as a general power of attorney.

 

Solely
to the extent that the Servicer has the power to delegate its rights or obligations under the Agreement, the Servicer also has
the power to delegate the authority given to it by Wilmington Trust, National Association, as Trustee, under this Limited Power
of Attorney, for purposes of performing its obligations and duties by executing such additional powers of attorney in favor of
its attorneys-in-fact as are necessary for such purpose. The Servicer’s attorneys-in-fact shall have no greater authority than
that held by the Servicer.

 

Nothing
contained herein shall: (i) limit in any manner any indemnification provided to the Trustee under the Agreement, (ii) limit
in any manner the rights and protections afforded the Trustee under the Agreement, or (iii) be construed to grant the Servicer
the power to initiate or defend any suit, litigation or proceeding in the name of Wilmington Trust, National Association except
as specifically provided for herein. If the Servicer receives any notice of suit, litigation or proceeding in the name of Wilmington
Trust, National Association, then the Servicer shall promptly forward a copy of same to the Trustee.

 

This
limited power of attorney is not intended to extend the powers granted to the Servicer under the Agreement or to allow the Servicer
to take any action with respect to Mortgages, deeds of trust or Mortgage Notes not authorized by the Agreement.

 

The
Servicer hereby agrees to indemnify and hold the Trustee and its directors, officers, employees and agents harmless from and against
any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements
of any kind or nature whatsoever incurred by reason or result of the negligent use, or negligent or willful misuse, of this Limited
Power of Attorney by the Servicer. The foregoing indemnity shall survive the termination of this Limited Power of Attorney and
the Agreement or the earlier resignation or removal of the Trustee under the Agreement.

 

This
Limited Power of Attorney is entered into and shall be governed by the laws of the State of New York, without regard to conflicts
of law principles of such state.

 

Third
parties without actual notice may rely upon the exercise of the power granted under this Limited Power of Attorney; and may be
satisfied that this Limited Power of Attorney shall continue in full force and effect and has not been revoked unless an instrument
of revocation has been made in writing by the undersigned.

 

IN
WITNESS WHEREOF, Wilmington Trust, National Association, as Trustee for Benchmark 2022-B35 Mortgage Trust has caused its corporate
seal to be hereto affixed and these presents to be signed and acknowledged in its name and behalf by a duly elected and authorized
signatory this ___________ day of ____________.

 

    AA-1-5

     

    

 

	 	Wilmington Trust, National Association,

as Trustee for Benchmark 2022-B35 Mortgage Trust

	 
	 	 	 	 
	 	By:	 	 
	 	 	Name:	 
	 	 	Title:	 

 

Witness: 

____________________

 

Witness: 

_____________________

 

Prepared
by: 

_____________________ 

Name: 

Title:

 

		Address:	Wilmington Trust, National Association

                                                                                1100 North Market Street

                                                                                Wilmington, Delaware 19890

 

	A
notary public or other officer completing this certificate verifies only the identity of the individual who signed the document
to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.

 

STATE
OF DELAWARE 

COUNTY
OF NEW CASTLE

 

On
_____________before me, ____________________________, a Notary Public, personally appeared _____________________, who proved to
me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged
to me that he/she/they executed that same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on
the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

 

    AA-1-6

     

    

 

I
certify under PENALTY OF PERJURY under the laws of the State of Delaware that the foregoing paragraph is true and correct.

 

WITNESS
my hand and official seal. 

(SEAL)

 

	 	 
	 	Signature of Notary
    Public

 

    AA-1-7

     

    

EXHIBIT
AA-2

FORM OF POWER OF ATTORNEY FOR SPECIAL SERVICER

 

RECORDING
REQUESTED BY:

 

KeyBank
National Association

11501
Outlook Street, Suite 300

Overland Park, Kansas 66211

Attention: Alan Williams

Email: keybank_notices@keybank.com

Fax:
877-379-1625

 

With
a copies to:

 

Polsinelli 

900
West 48th Place, Suite 900 

Kansas
City, Missouri 64112 

Attention:
Kraig Kohring 

Email:
kkohring@polsinelli.com 

fax
number (816) 753-1536 

 

 

SPACE
ABOVE THIS LINE FOR RECORDER’S USE

 

LIMITED
POWER OF ATTORNEY

 

KNOW
ALL MEN BY THESE PRESENTS, that Wilmington Trust, National Association, a national banking association, incorporated and existing
under the laws of the United States, having its usual place of business at 1100 North Market Street, Wilmington, Delaware 19890,
as Trustee (the “Trustee”) for Benchmark 2022-B35 Mortgage Trust pursuant to that Pooling and Servicing Agreement,
dated as of May 1, 2022 (the “Agreement”) between Citigroup Commercial Mortgage Securities Inc., as depositor,
KeyBank National Association, as master servicer and as special servicer, Park Bridge Lender Services LLC, as operating advisor
and as asset representations reviewer, Computershare Trust Company, National Association, as certificate administrator, and Wilmington
Trust, National Association, as trustee, relating to the Benchmark 2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates,
Series 2022-B35, hereby constitutes and appoints KeyBank National Association (the “Special Servicer”), by
and through the Special Servicer’s officers, the Trustee’s true and lawful Attorney-in-Fact, in the Trustee’s
name, place and stead and for the Trustee’s benefit, in connection with all mortgage loans serviced by the Special Servicer
(the “Mortgage Loans”) and all properties administered by the Special Servicer (“REO Properties”)
pursuant to the Agreement, to execute and acknowledge in writing or by facsimile stamp all documents customarily and reasonably
necessary and appropriate to effectuate the enumerated transactions described in items (1) through (13) below with respect to
the Mortgage Loans and REO Properties; provided however, that the documents described below may only be executed and delivered
by such Attorneys-in-Fact if such documents are required or permitted under the

    AA-2-1

     

    

 

Agreement. Capitalized terms used herein and not
otherwise defined herein have the meanings set forth in the Agreement.

 

		1.	The
                                         endorsement on behalf of the Trustee of all checks, drafts and/or other negotiable instruments
                                         made payable to the Trustee and to draw upon, replace, substitute, release or amend letters
                                         of credit standing as collateral securing any Mortgage Loan.

 

		2.	The
                                         modification or re-recording of a Mortgage or deed of trust, where said modification
                                         or re-recording is solely for the purpose of correcting the Mortgage or deed of trust
                                         to conform same to the original intent of the parties thereto or to correct title errors
                                         discovered after such title insurance was issued; provided that said modification
                                         or re-recording, in either instance, (i) does not adversely affect the lien of the Mortgage
                                         or deed of trust as insured and (ii) otherwise conforms to the provisions of the
                                         Agreement.

 

		3.	The
                                         subordination of the lien of a Mortgage or deed of trust to an easement in favor of a
                                         public utility company or a government agency or unit with powers of eminent domain;
                                         this section shall include, without limitation, the execution of partial satisfactions/releases,
                                         partial reconveyances or the execution of requests to trustees to accomplish same.

 

		4.	The
                                         conveyance of the properties to the mortgage insurer, or the closing of the title to
                                         the property to be acquired as real estate owned, or conveyance of title to real estate
                                         owned.

 

		5.	The
                                         completion of loan assumption agreements and transfers of interest in borrower entities.

 

		6.	The
                                         full satisfaction/release of a Mortgage or deed of trust or full conveyance upon payment
                                         and discharge of all sums secured thereby, including, without limitation, cancellation
                                         of the related Mortgage Note.

 

		7.	The
                                         assignment of any Mortgage or deed of trust and the related Mortgage Note, in connection
                                         with the sale or repurchase of the mortgage loan secured and evidenced thereby.

 

		8.	The
                                         full assignment of a Mortgage or deed of trust upon payment and discharge of all sums
                                         secured thereby in conjunction with the refinancing thereof, including, without limitation,
                                         the assignment of the related Mortgage Note.

 

		9.	The
                                         full enforcement of and preservation of the Trustee’s interests in the Mortgage
                                         Notes, Mortgages or deeds of trust, and in the proceeds thereof, by way of, including
                                         but not limited to, taking title to any Mortgaged Property on behalf of the Trust, foreclosure,
                                         the taking of a deed in lieu of foreclosure, or the completion of judicial or non-judicial
                                         foreclosure and/or any related litigation, 

 

    AA-2-2

     

    

 

	 	 	including
                                         without limitation, guaranty or receivership litigation, or litigation on the note, or
                                         the termination, cancellation or rescission of any such foreclosure, the initiation,
                                         prosecution and completion of eviction actions or proceedings with respect to, or the
                                         termination, cancellation or rescission of any such eviction actions or proceedings,
                                         the initiation or defense of any litigation related to the ownership of any REO Property,
                                         and the pursuit of title insurance, hazard insurance and claims in bankruptcy proceedings,
                                         including, without limitation, any and all of the following acts:

 

		a.	the
                                         substitution of trustee(s) serving under a deed of trust, in accordance with state law
                                         and the deed of trust;

 

		b.	the
                                         preparation and issuance of statements of breach or non-performance;

 

		c.	the
                                         preparation and filing of notices of default and/or notices of sale;

 

		d.	the
                                         cancellation/rescission of notices of default and/or notices of sale;

 

		e.	the
                                         taking of deed in lieu of foreclosure;

 

		f.	the
                                         filing, prosecution and defense of claims, and to appear on behalf of the Trustee, in
                                         bankruptcy cases affecting Mortgage Notes, Mortgages or deeds of trust;

 

		g.	the
                                         preparation and service of notices to quit and all other documents necessary to initiate,
                                         prosecute and complete eviction actions or proceedings;

 

		h.	the
                                         tendering, filing, prosecution and defense, as applicable, of hazard insurance and title
                                         insurance claims, including but not limited to appearing on behalf of the Trustee in
                                         quiet title actions;

 

		i.	the
                                         creation of a wholly-owned entity of the Trust for purposes of holding foreclosed property;
                                         and

 

		j.	the
                                         preparation and execution of such other documents and performance of such other actions
                                         as may be necessary under the terms of the Mortgage, deed of trust or state law to expeditiously
                                         complete said transactions in paragraphs 9.a. through 9.h. above.

 

		10.	With
                                         respect to the sale of property acquired through a foreclosure or deed-in lieu of foreclosure,
                                         including, without limitation, the execution of the following documentation:

		a.	listing
                                         agreements;

		b.	purchase
                                         and sale agreements;

 

    AA-2-3

     

    

 

		c.	grant/warranty/quit
                                         claim deeds or any other deed causing the transfer of title of the property to a party
                                         contracted to purchase same;

		d.	escrow
                                         instructions; and

		e.	any
                                         and all documents necessary to effect the transfer of property.

 

		11.	The
                                         modification or amendment of escrow agreements established for repairs to the mortgaged
                                         property or reserves for replacement of personal property.

 

		12.	Execute
                                         and/or file such documents and take such other action as is proper and necessary to defend
                                         the Trustee, solely in its capacity as Trustee, in litigation and to resolve such litigation,
                                         provided that such resolution shall not include any admission of fault or wrongdoing
                                         by the Trustee or, without the Trustee’s consent, subject the Trustee to any form
                                         of injunctive relief.

 

		13.	The
                                         execution and delivery of the following:

 

		a.	any
                                         and all financing statements, continuation statements and other documents or instruments
                                         necessary to maintain the lien created by the Mortgage, deed of trust or other security
                                         document in the related Mortgage File or the related Mortgaged Property and other related
                                         collateral;

 

		b.	any
                                         and all instruments of satisfaction or cancellation, or of partial or full release or
                                         discharge, or of partial or full defeasance, and all other comparable instruments;

 

		c.	any
                                         and all assumptions, modifications, waivers, substitutions, extensions, amendments, consents
                                         to transfers of interests in borrowers, consents to any subordinate financings to be
                                         secured by any related Mortgaged Property, consents to any mezzanine financing to be
                                         secured by the ownership interests in a borrower, consents to and monitoring of the application
                                         of any proceeds of insurance policies or condemnation awards to the restoration of the
                                         related Mortgaged Property, REO Property or otherwise, documents relating to the management,
                                         operation, maintenance, repair, leasing and marketing of the related Mortgaged Properties
                                         (including agreements and requests by any borrower with respect to modifications of the
                                         standards of operation and management of such Mortgaged Properties or the replacement
                                         of asset managers) or REO Properties, documents exercising any or all of the rights,
                                         powers and privileges granted or provided to the holder of any Mortgage Loan under the
                                         related loan documents, lease subordination agreements, non-disturbance and attornment
                                         agreements or other leasing or rental arrangements, managing agreements, any easements,
                                         covenants, conditions, restrictions, equitable servitudes, or land use or zoning requirements
                                         with respect to the Mortgaged Properties or REO Properties, instruments relating to the
                                         custody of any collateral that now secures or hereafter may secure any Mortgage Loan
                                         and any other consents; and

 

    AA-2-4

     

    

 

		d.	any
                                         and all documents, instruments and certifications as are reasonably necessary to complete
                                         or accomplish the Special Servicer’s duties and responsibilities under the Agreement.

 

The
undersigned gives said Attorney-in-Fact full power and authority to execute such instruments and to do and perform all and every
act and thing necessary and proper to carry into effect the power or powers granted by or under this Limited Power of Attorney
as fully as the undersigned might or could do, and hereby does ratify and confirm to all that said Attorney-in-Fact shall be effective
as of [EXECUTION DATE OF POA].

 

This
appointment is to be construed and interpreted as a limited power of attorney. The enumeration of specific items, rights, acts
or powers herein is not intended to, nor does it give rise to, and it is not to be construed as a general power of attorney.

 

Solely
to the extent that the Special Servicer has the power to delegate its rights or obligations under the Agreement, the Special Servicer
also has the power to delegate the authority given to it by Wilmington Trust, National Association, as Trustee, under this Limited
Power of Attorney, for purposes of performing its obligations and duties by executing such additional powers of attorney in favor
of its attorneys-in-fact as are necessary for such purpose. The Special Servicer’s attorneys-in-fact shall have no greater authority
than that held by the Special Servicer.

 

Nothing
contained herein shall: (i) limit in any manner any indemnification provided to the Trustee under the Agreement, (ii) limit in
any manner the rights and protections afforded the Trustee under the Agreement, or (iii) be construed to grant the Special Servicer
the power to initiate or defend any suit, litigation or proceeding in the name of Wilmington Trust, National Association except
as specifically provided for herein. If the Special Servicer receives any notice of suit, litigation or proceeding in the name
of Wilmington Trust, National Association, then the Special Servicer shall promptly forward a copy of same to the Trustee.

 

This
limited power of attorney is not intended to extend the powers granted to the Special Servicer under the Agreement or to allow
the Special Servicer to take any action with respect to Mortgages, deeds of trust or Mortgage Notes not authorized by the Agreement.

 

The
Special Servicer hereby agrees to indemnify and hold the Trustee and its directors, officers, employees and agents harmless from
and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements
of any kind or nature whatsoever incurred by reason or result of the negligent use, or negligent or willful misuse, of this Limited
Power of Attorney by the Special Servicer. The foregoing indemnity shall survive the termination of this Limited Power of Attorney
and the Agreement or the earlier resignation or removal of the Trustee under the Agreement.

 

This
Limited Power of Attorney is entered into and shall be governed by the laws of the State of New York, without regard to conflicts
of law principles of such state.

 

    AA-2-5

     

    

 

Third
parties without actual notice may rely upon the exercise of the power granted under this Limited Power of Attorney; and may be
satisfied that this Limited Power of Attorney shall continue in full force and effect and has not been revoked unless an instrument
of revocation has been made in writing by the undersigned.

 

IN
WITNESS WHEREOF, Wilmington Trust, National Association, as Trustee for Benchmark 2022-B35 Mortgage Trust has caused its corporate
seal to be hereto affixed and these presents to be signed and acknowledged in its name and behalf by a duly elected and authorized
signatory this ___________ day of ____________.

 

	 	Wilmington Trust, National Association,	 
	 	as Trustee for Benchmark 2022-B35 Mortgage Trust	 
	 	 	 	 
	 	By:	 	 
	 	 	Name:	 
	 	 	Title:	 

 

Witness: 

____________________

 

Witness: 

_____________________

 

Prepared
by: 

_____________________ 

Name: 

Title:

 

		Address:	Wilmington Trust, National Association

                                                                                1100 North Market Street

                                                                                Wilmington, Delaware 19890

 

    AA-2-6

     

    

 

	A
notary public or other officer completing this certificate verifies only the identity of the individual who signed the document
to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.

 

 STATE
OF DELAWARE

COUNTY
OF NEW CASTLE

 

On
_____________before me, ____________________________, a Notary Public, personally appeared _____________________,
who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within
instrument and acknowledged to me that he/she/they executed that same in his/her/their authorized capacity(ies), and that by his/her/their
signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

 

I
certify under PENALTY OF PERJURY under the laws of the State of Delaware that the foregoing paragraph is true and correct.

 

WITNESS
my hand and official seal. 

(SEAL)

 

	 	 
	 	Signature of Notary
    Public

 

    AA-2-7

     

    

EXHIBIT
BB

CLASS A-SB SCHEDULED PRINCIPAL BALANCE SCHEDULE

 

	Distribution
                                         Date
	Balance 
	 	Distribution
                                         Date
	Balance

	Jun
    15, 2022	10,975,000.00	 	Jun
    15, 2027	10,814,088.30
	Jul
    15, 2022	10,975,000.00	 	Jul
    15, 2027	10,638,032.56
	Aug
    15, 2022	10,975,000.00	 	Aug
    15, 2027	10,477,047.34
	Sep
    15, 2022	10,975,000.00	 	Sep
    15, 2027	10,315,366.37
	Oct
    15, 2022	10,975,000.00	 	Oct
    15, 2027	10,137,223.00
	Nov
    15, 2022	10,975,000.00	 	Nov
    15, 2027	9,974,071.39
	Dec
    15, 2022	10,975,000.00	 	Dec
    15, 2027	9,794,498.58
	Jan
    15, 2023	10,975,000.00	 	Jan
    15, 2028	9,629,863.61
	Feb
    15, 2023	10,975,000.00	 	Feb
    15, 2028	9,464,516.85
	Mar
    15, 2023	10,975,000.00	 	Mar
    15, 2028	9,267,165.54
	Apr
    15, 2023	10,975,000.00	 	Apr
    15, 2028	9,100,246.97
	May
    15, 2023	10,975,000.00	 	May
    15, 2028	8,917,012.69
	Jun
    15, 2023	10,975,000.00	 	Jun
    15, 2028	8,748,578.11
	Jul
    15, 2023	10,975,000.00	 	Jul
    15, 2028	8,563,870.27
	Aug
    15, 2023	10,975,000.00	 	Aug
    15, 2028	8,393,906.52
	Sep
    15, 2023	10,975,000.00	 	Sep
    15, 2028	8,223,207.58
	Oct
    15, 2023	10,975,000.00	 	Oct
    15, 2028	8,036,298.79
	Nov
    15, 2023	10,975,000.00	 	Nov
    15, 2028	7,864,051.06
	Dec
    15, 2023	10,975,000.00	 	Dec
    15, 2028	7,675,636.87
	Jan
    15, 2024	10,975,000.00	 	Jan
    15, 2029	7,501,076.98
	Feb
    15, 2024	10,975,000.00	 	Feb
    15, 2029	7,326,514.94
	Mar
    15, 2024	10,975,000.00	 	Mar
    15, 2029	7,105,158.76
	Apr
    15, 2024	10,975,000.00	 	Apr
    15, 2029	6,928,878.24
	May
    15, 2024	10,975,000.00	 	May
    15, 2029	6,736,544.16
	Jun
    15, 2024	10,975,000.00	 	Jun
    15, 2029	6,558,666.45
	Jul
    15, 2024	10,975,000.00	 	Jul
    15, 2029	6,364,779.91
	Aug
    15, 2024	10,975,000.00	 	Aug
    15, 2029	6,185,291.14
	Sep
    15, 2024	10,975,000.00	 	Sep
    15, 2029	6,005,025.29
	Oct
    15, 2024	10,975,000.00	 	Oct
    15, 2029	5,808,817.48
	Nov
    15, 2024	10,975,000.00	 	Nov
    15, 2029	5,626,919.87
	Dec
    15, 2024	10,975,000.00	 	Dec
    15, 2029	5,429,126.00
	Jan
    15, 2025	10,975,000.00	 	Jan
    15, 2030	5,245,582.48
	Feb
    15, 2025	10,975,000.00	 	Feb
    15, 2030	5,061,244.03
	Mar
    15, 2025	10,975,000.00	 	Mar
    15, 2030	4,831,018.70
	Apr
    15, 2025	10,975,000.00	 	Apr
    15, 2030	4,644,879.73
	May
    15, 2025	10,975,000.00	 	May
    15, 2030	4,442,963.25
	Jun
    15, 2025	10,975,000.00	 	Jun
    15, 2030	4,255,141.54
	Jul
    15, 2025	10,975,000.00	 	Jul
    15, 2030	4,051,589.44
	Aug
    15, 2025	10,975,000.00	 	Aug
    15, 2030	3,862,070.40
	Sep
    15, 2025	10,975,000.00	 	Sep
    15, 2030	3,671,730.12
	Oct
    15, 2025	10,975,000.00	 	Oct
    15, 2030	3,465,729.97
	Nov
    15, 2025	10,975,000.00	 	Nov
    15, 2030	3,273,670.49
	Dec
    15, 2025	10,975,000.00	 	Dec
    15, 2030	3,065,999.27
	Jan
    15, 2026	10,975,000.00	 	Jan
    15, 2031	2,872,205.68
	Feb
    15, 2026	10,975,000.00	 	Feb
    15, 2031	2,677,572.03
	Mar
    15, 2026	10,975,000.00	 	Mar
    15, 2031	2,438,006.86
	Apr
    15, 2026	10,975,000.00	 	Apr
    15, 2031	2,241,486.25
	May
    15, 2026	10,975,000.00	 	May
    15, 2031	2,029,478.77
	Jun
    15, 2026	10,975,000.00	 	Jun
    15, 2031	1,831,185.28
	Jul
    15, 2026	10,975,000.00	 	Jul
    15, 2031	1,617,454.56
	Aug
    15, 2026	10,975,000.00	 	Aug
    15, 2031	1,417,372.78
	Sep
    15, 2026	10,975,000.00	 	Sep
    15, 2031	1,216,423.25
	Oct
    15, 2026	10,975,000.00	 	Oct
    15, 2031	1,000,110.85
	Nov
    15, 2026	10,975,000.00	 	Nov
    15, 2031	797,349.97
	Dec
    15, 2026	10,975,000.00	 	Dec
    15, 2031	579,276.94
	Jan
    15, 2027	10,975,000.00	 	Jan
    15, 2032	374,688.98
	Feb
    15, 2027	10,975,000.00	 	Feb
    15, 2032	169,213.41
	Mar
    15, 2027	10,975,000.00	 	Mar
    15, 2032 and thereafter 	0.00
	Apr
    15, 2027	10,975,000.00	 	 	 
	May
    15, 2027	10,973,621.48	 	 	

                                                                                 

    BB-1

     

    

EXHIBIT
CC-1

 

FORM
OF TRANSFEROR CERTIFICATE

FOR TRANSFER OF THE EXCESS SERVICING FEE RIGHTS

 

[Date]

 

	Citigroup
Commercial Mortgage Securities Inc. 

        388
Greenwich Street, 6th Floor 

        New
York, New York 10013 

        Attention:
Richard Simpson 

        Telecopy
number: (646) 328-2943 

        E-mail:
richard.simpson@citi.com
	 	Citigroup
Commercial Mortgage Securities Inc. 

        388
Greenwich Street, 17th Floor 

        New
York, New York 10013 

        Attention:
Ryan M. O’Connor 

        Telecopy
number: (646) 862-8988 

        E-mail:
ryan.m.oconnor@citi.com

	 	 	 
	Citigroup
Commercial Mortgage Securities Inc.

        390
Greenwich Street, 5th Floor

New York, New York 10013

Attention: Raul Orozco 

        Telecopy
number: (347) 394-0898

        E-mail:
raul.d.orozco@citi.com
	 	 
	 	 	 

		Re:	Benchmark
2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through 

Certificates, Series 2022-B35                                                                            

 

Ladies
and Gentlemen:

 

This
letter is delivered to you in connection with the transfer by _________________ (the “Transferor”) to _________________
(the “Transferee”) of the Excess Servicing Fee Right (as defined below) established under the Pooling and Servicing
Agreement, dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage
Securities Inc., as Depositor, KeyBank National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services
LLC, as Operating Advisor and as Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate
Administrator, and Wilmington Trust, National Association, as Trustee. All capitalized terms used but not otherwise defined herein
shall have the respective meanings set forth in the Pooling and Servicing Agreement. The Transferor hereby certifies, represents
and warrants to you, as Depositor, that:

 

1.       The
Transferor is the lawful owner of the right to receive the Excess Servicing Fees (the “Excess Servicing Fee Right”),
with the full right to transfer the Excess Servicing Fee Right free from any and all claims and encumbrances whatsoever.

 

    CC-1-1

     

    

 

2.       Neither
the Transferor nor anyone acting on its behalf has (a) offered, transferred, pledged, sold or otherwise disposed of the Excess
Servicing Fee Right, any interest in the Excess Servicing Fee Right or any other similar security to any Person in any manner,
(b) solicited any offer to buy or accept a transfer, pledge or other disposition of the Excess Servicing Fee Right, any interest
in the Excess Servicing Fee Right or any other similar security from any Person in any manner, (c) otherwise approached or negotiated
with respect to the Excess Servicing Fee Right, any interest in the Excess Servicing Fee Right or any other similar security with
any Person in any manner, (d) made any general solicitation with respect to the Excess Servicing Fee Right, any interest in the
Excess Servicing Fee Right or any other similar security by means of general advertising or in any other manner, or (e) taken
any other action, which (in the case of any of the acts described in clauses (a) through (e) hereof) would constitute a distribution
of the Excess Servicing Fee Right under the Securities Act of 1933, as amended (the “Securities Act”), or would
render the disposition of the Excess Servicing Fee Right a violation of Section 5 of the Securities Act or any state securities
laws, or would require registration or qualification of the Excess Servicing Fee Right pursuant to the Securities Act or any state
securities laws.

 

	 	Very truly yours,
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

    CC-1-2

     

    

EXHIBIT
CC-2

 

FORM
OF TRANSFEREE CERTIFICATE

FOR TRANSFER OF THE EXCESS SERVICING FEE RIGHTS

 

[Date]

 

	KeyBank
National Association,

                                                         as
Master Servicer and Special Servicer

                                                         11501
Outlook Street, Suite 300 

        Overland
Park, Kansas 66211 

        Attention:
Michael A. Tilden and Alan Williams

        Email:
        michael_a_tilden@keybank.com;

        keybank_notices@keybank.com 

        Fax:
        877-379-1625

         

        With
a copies to: 

         

        Polsinelli 

        900
West 48th Place, Suite 900 

        Kansas
City, Missouri 64112 

        Attention:
Kraig Kohring 

        Email:
kkohring@polsinelli.com 

        fax
number (816) 753-1536
	 	Citigroup
Commercial Mortgage Securities Inc. 

        390
Greenwich Street, 5th Floor

New York, New York 10013

Attention: Raul Orozco 

        Telecopy
number: (347) 394-0898 

        E-mail:
        raul.d.orozco@citi.com

         

	 	 	 
	Citigroup
Commercial Mortgage Securities Inc. 

        388
Greenwich Street, 6th Floor 

        New
York, New York 10013 

        Attention:
Richard Simpson 

        Telecopy
number: (646) 328-2943 

        E-mail:
richard.simpson@citi.com 
	 	Citigroup
Commercial Mortgage Securities Inc. 

        388
Greenwich Street, 17th Floor 

        New
York, New York 10013 

        Attention:
Ryan M. O’Connor 

        Telecopy
number: (646) 862-8988 

        E-mail:
ryan.m.oconnor@citi.com

	 	 	 

		Re:	Benchmark
2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through 

Certificates, Series 2022-B35                                                                                  

 

Ladies
and Gentlemen:

 

This
letter is delivered to you in connection with the transfer by _________________ (the “Transferor”) to _________________
(the “Transferee”) of the Excess Servicing Fee Right established under the Pooling and Servicing Agreement,
dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage Securities
Inc., as Depositor, KeyBank National Association, as Master Servicer and as Special Servicer, Park 

    CC-2-1

     

    

 

Bridge Lender Services LLC,
as Operating Advisor and as Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate
Administrator, and Wilmington Trust, National Association, as Trustee. All capitalized terms used but not otherwise defined herein
shall have the respective meanings set forth in the Pooling and Servicing Agreement. The Transferee hereby certifies, represents
and warrants to you, as the Depositor and the Master Servicer, that:

 

1.       The
Transferee is acquiring the right to receive Excess Servicing Fees (the “Excess Servicing Fee Right”) for its
own account for investment and not with a view to or for sale or transfer in connection with any distribution thereof, in whole
or in part, in any manner which would violate the Securities Act of 1933, as amended (the “Securities Act”),
or any applicable state securities laws.

 

2.       The
Transferee understands that (a) the Excess Servicing Fee Right has not been and will not be registered under the Securities Act
or registered or qualified under any applicable state securities laws, (b) none of the Depositor, the Trustee, Certificate Administrator
or the Certificate Registrar is obligated so to register or qualify the Excess Servicing Fee Right, and (c) the Excess Servicing
Fee Right may not be resold or transferred unless it is (i) registered pursuant to the Securities Act and registered or qualified
pursuant to any applicable state securities laws or (ii) sold or transferred in transactions which are exempt from such registration
and qualification and (A) the Depositor has received a certificate from the prospective transferor substantially in the form attached
as Exhibit CC-1 to the Pooling and Servicing Agreement, and (B) each of KeyBank National Association and the Depositor has received
a certificate from the prospective transferee substantially in the form attached as Exhibit CC-2 to the Pooling and Servicing
Agreement.

 

3.       The
Transferee understands that it may not sell or otherwise transfer the Excess Servicing Fee Right or any interest therein except
in compliance with the provisions of Section 3.12 of the Pooling and Servicing Agreement, which provisions it has carefully reviewed.

 

4.       Neither
the Transferee nor anyone acting on its behalf has (a) offered, pledged, sold, disposed of or otherwise transferred the Excess
Servicing Fee Right, any interest in the Excess Servicing Fee Right or any other similar security to any Person in any manner,
(b) solicited any offer to buy or accept a pledge, disposition or other transfer of the Excess Servicing Fee Right, any interest
in the Excess Servicing Fee Right or any other similar security from any Person in any manner, (c) otherwise approached or negotiated
with respect to the Excess Servicing Fee Right, any interest in the Excess Servicing Fee Right or any other similar security with
any Person in any manner, (d) made any general solicitation with respect to the Excess Servicing Fee Right, any interest in the
Excess Servicing Fee Right or any other similar security by means of general advertising or in any other manner, or (e) taken
any other action with respect to the Excess Servicing Fee Right, any interest in the Excess Servicing Fee Right or any other similar
security, which (in the case of any of the acts described in clauses (a) through (e) above) would constitute a distribution of
the Excess Servicing Fee Right under the Securities Act, would render the disposition of the Excess Servicing Fee Right a violation
of Section 5 of the Securities Act or any state securities law or would require registration or qualification of the Excess Servicing
Fee Right pursuant thereto. The Transferee will not act, nor has it authorized or will it authorize any Person to act, in any
manner set forth in the foregoing sentence with respect 

    CC-2-2

     

    

 

to the Excess Servicing Fee Right, any interest in the Excess Servicing
Fee Right or any other similar security.

 

5.       The
Transferee has been furnished with all information regarding (a) the Depositor, (b) the Excess Servicing Fee Right and any payments
thereon, (c) the Pooling and Servicing Agreement and the Trust Fund created pursuant thereto, (d) the nature, performance and
servicing of the Mortgage Loans, and (e) all related matters that it has requested.

 

6.       The
Transferee is (a) a “qualified institutional buyer” within the meaning of Rule 144A under the Securities Act or (b)
an “accredited investor” as defined in any of paragraphs (1), (2), (3) and (7) of Rule 501(a) under the Securities
Act or an entity in which all of the equity owners come within such paragraphs. The Transferee has such knowledge and experience
in financial and business matters as to be capable of evaluating the merits and risks of an investment in the Excess Servicing
Fee Right; the Transferee has sought such accounting, legal and tax advice as it has considered necessary to make an informed
investment decision; and the Transferee is able to bear the economic risks of such investment and can afford a complete loss of
such investment.

 

7.       The
Transferee agrees (i) to keep all information relating to the Trust, the Trust Fund and the parties to the Pooling and Servicing
Agreement, and made available to it, confidential, (ii) not to use or disclose such information in any manner which could result
in a violation of any provision of the Securities Act or would require registration of the Excess Servicing Fee Right or any Certificate
pursuant to the Securities Act, and (iii) not to disclose such information, and to cause its officers, directors, partners, employees,
agents or representatives (collectively, “Representatives”) not to disclose such information, in any manner
whatsoever, in whole or in part, to any other Person other than the Transferee’s auditors, legal counsel and regulators,
except to the extent such disclosure is required by law, court order or other legal requirement or to the extent such information
is of public knowledge at the time of disclosure by such Person or has become generally available to the public other than as
a result of disclosure by such Person; provided, however, that the Transferee or any of its Representatives may provide all or
any part of such information to any other Person who is contemplating an acquisition of the Excess Servicing Fee Right if, and
only if, such other Person (x) confirms in writing such prospective acquisition and (y) agrees in writing to keep such information
confidential, not to use or disclose such information in any manner which could result in a violation of any provision of the
Securities Act or would require registration of the Excess Servicing Fee Right or any Certificates pursuant to the Securities
Act and not to disclose such information, and to cause its officers, directors, partners, employees, agents or representatives
not to disclose such information, in any manner whatsoever, in whole or in part, to any other Person other than such other Person’s
auditors, legal counsel and regulators.

 

8.       The
Transferee acknowledges that the holder of the Excess Servicing Fee Right shall not have any rights under the Pooling and Servicing
Agreement except as set forth in Section 3.12 of the Pooling and Servicing Agreement, and that the Excess Servicing Fee Rate may
be reduced to the extent provided in the Pooling and Servicing Agreement.

 

    CC-2-3

     

    

 

	 	Very truly yours,
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

    CC-2-4

     

    

EXHIBIT
DD

 

FORM
OF NOTICE AND CERTIFICATION REGARDING DEFEASANCE OF 

MORTGAGE LOAN

 

To:         Moody’s
Investors Service, Inc. 

7
World Trade Center 

New
York, New York 10007 

Attention:
Commercial Mortgage Surveillance Group 

Fax
number: (212) 553-0300 

Email:
CMBSSurveillance@Moodys.com

 

Fitch
Ratings, Inc.

33 Whitehall Street

New York, New York 10004

Attention: Commercial Mortgage Surveillance Group

Facsimile No: (212) 635-0295

E-mail: Info.cmbs@fitchratings.com

 

DBRS,
Inc.

22 West Washington Street

Chicago, Illinois 60602

Attention: CMBS Surveillance

Email: CMBS.surveillance@morningstar.com

 

		From:	KeyBank
                                         National Association, in its capacity as Master Servicer (the “Master Servicer”)
                                         under the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling
                                         and Servicing Agreement”), between Citigroup Commercial Mortgage Securities
                                         Inc., as Depositor, the Master Servicer, KeyBank National Association, as Special Servicer,
                                         Park Bridge Lender Services LLC, as Operating Advisor and as Asset Representations Reviewer,
                                         Computershare Trust Company, National Association, as Certificate Administrator, and
                                         Wilmington Trust, National Association, as Trustee.

 

		Date:	____________,
                                         20___ 

 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35
                                         Mortgage Loan (the “Subject Mortgage Loan”) heretofore secured by
                                         real property known as ____________ [Include the following, with appropriate modification,
                                         if there is pari passu or AB debt: as evidenced by that certain Promissory Note [A-[_]][A]
                                         in the amount of $____________, which Promissory Note [A-[_]][A] is owned by the Trust,
                                         and Promissory Note [___] in the amount of $_____________, which Promissory Note [___]
                                         is owned by ________________.]

 

Capitalized
terms used but not defined herein have the meanings assigned to such terms in the Pooling and Servicing Agreement.

 

THE
STATEMENTS SET FORTH BELOW ARE MADE (A) TO THE BEST KNOWLEDGE OF THE UNDERSIGNED BASED UPON DUE DILIGENCE 

    DD-1

     

    

 

CONSISTENT WITH THE
SERVICING STANDARD SPECIFIED IN THE POOLING AND SERVICING AGREEMENT (THE “SERVICING STANDARD”), AND (B) WITHOUT
INTENDING TO WARRANT THE ACCURACY THEREOF OR UNDERTAKE ANY DUTY OR STANDARD OF CARE GREATER THAN THE DUTIES OF SERVICER UNDER
THE POOLING AND SERVICING AGREEMENT AND THE SERVICING STANDARD.

 

We
hereby notify you and confirm that each of the following is true, subject to those exceptions, if any, set forth on Exhibit A
hereto, which exceptions the Master Servicer has determined, consistent with the Servicing Standard, will have no material adverse
effect on the Subject Mortgage Loan or the defeasance transaction:

 

1.           The Mortgagor has consummated a defeasance of the Subject Mortgage Loan of the type checked below:**

 

____
a full defeasance of the entire outstanding principal balance ($____________) of the Subject Mortgage Loan; or

 

____
a partial defeasance of a portion ($____________) of the Subject Mortgage Loan that represents ___% of the entire principal balance
of the Subject Mortgage Loan ($____________).

 

2.           The defeasance was consummated on ____________, 20__.

 

3.           The defeasance was completed in all material respects in accordance with the conditions for defeasance specified in the Loan Documents
and in accordance with the Servicing Standard.

 

[Include
the following if there is pari passu or AB debt:

 

4.           In accordance with the Loan Documents, the defeasance occurred such that:

 

____
Promissory Notes [A-[__]][A] and [___] were defeased simultaneously in their entirety; or

 

____
Promissory Note [___] was paid off in full.]

 

5.           To the knowledge of the Master Servicer any other debt related to the Subject Mortgage Loan (including mezzanine debt, senior
secured debt, pari passu debt or subordinate secured debt was either paid off in full or defeased. Such debt consists of the following:
[Describe debt and holder of the debt and if it was paid off or defeased].

 

6.           The defeasance collateral consists only of one or more of the following: (i) direct debt obligations of the U.S. Treasury, (ii)
direct debt obligations of the Federal National Mortgage Association, (iii) direct debt obligations of the Federal Home Loan Mortgage
Corporation, (iv) interest-only direct debt obligations of the Resolution Funding Corporation, (v) consolidated debt obligations
of the Federal Home Loan Bank or (vi) securities covered by the 

    DD-2

     

    

 

Federal Deposit Insurance Corporation’s (the “FDIC”)
Temporary Liquidity Guarantee Program (“TLGP”). Based upon a written report from an independent certified accountant,
such defeasance collateral consists of securities that (i) if they include a principal obligation, the principal due at maturity
cannot vary or change, (ii) provide for interest at a fixed rate and (iii) are not callable prior to their respective maturity
dates. In addition, if the defeasance collateral contains any TLGP securities, then:

 

		●	Such
                                         securities are eligible under TLGP;

 

		●	The
                                         master servicer (and the trustee, if it serves as the back-up advancing agent for the
                                         transaction) has waived its right to (i) collect interest on advances made on behalf
                                         of the borrower holding TLGP securities, and (ii) collect for expenses incurred in making
                                         demand on the FDIC;

 

		●	If
                                         the TLGP debt is to be used to satisfy a balloon payment, a reserve conforming to the
                                         criteria for eligible accounts was funded with a minimum of 90 days interest on the defeasance
                                         collateral to cover potential delays in receipt of the balloon payment;

 

		●	The
                                         TLGP securities mature before June 30, 2012; and

 

		●	The
                                         master servicer’s error and omissions insurance policy covers losses to the CMBS
                                         trust caused by the master servicer’s failure to make timely demand on the FDIC’s
                                         guarantee.

 

7.           After the defeasance, the defeasance collateral will be owned by an entity (the “Defeasance Obligor”) that:
(i) is the original Mortgagor, (ii) is a Single-Purpose Entity (as described in S&P’s criteria), (iii) is subject to
restrictions in its organizational documents substantially similar to those contained in the organizational documents of the original
Mortgagor with respect to bankruptcy remoteness and single purpose, (iv) has been designated as the Defeasance Obligor by the
originator of the Subject Mortgage Loan pursuant to the terms of the Loan Documents, or (v) has previously received confirmation
from Standard & Poor’s that the organizational documents of such Defeasance Obligor conform with applicable Standard
& Poor’s criteria. The Defeasance Obligor owns no assets other than defeasance collateral and (only in the case of the
original Mortgagor) real property securing one or more Mortgage Loans included in the pool under the Pooling and Servicing Agreement
(the “Pool”).

 

8.           If such Defeasance Obligor (together with its affiliates) holds more than one defeased loan, it does not (together with its affiliates)
hold defeased loans aggregating more than $35 Million or more than five percent (5%) of the aggregate certificate balance of the
Certificates, as of the date of the most recent Certificate Administrator’s Distribution Date Statement received by the
Master Servicer (the “Current Report”), except to the extent the Defeasance Obligor is of the type specified
in paragraph 7(v) above or the original Loan Documents do not limit the amount of defeased loans that it may hold.

 

9.           The defeasance documents require that the defeasance collateral be credited to an eligible account (as defined in S&P’s
criteria) that must be maintained as a 

    DD-3

     

    

 

securities account by a securities intermediary that is at all times an Eligible Institution
(as defined in S&P’s criteria). The securities intermediary may reinvest proceeds of the defeasance collateral only
in Permitted Investments (as defined in the Pooling and Servicing Agreement or as defined in the documents evidencing defeasance).

 

10.         The securities intermediary is obligated to pay from the proceeds of the defeasance collateral, directly to the Master Servicer’s
collection account, all scheduled payments on the Subject Mortgage Loan or, in a partial defeasance, the portion of such scheduled
payments attributed to the allocated loan amount for the real property defeased including any defeasance premiums set forth in
the loan documents (the “Scheduled Payments”).

 

11.         The Master Servicer received written confirmation from an independent certified public accountant stating that (i) revenues from
the defeasance collateral (without taking into account any earnings on reinvestment of such revenues) will be sufficient to timely
pay each of the Monthly Payments including the payment in full of the Subject Mortgage Loan (or the allocated portion thereof
in connection with a partial defeasance) on its Maturity Date (or, in the case of an ARD Loan, on its Anticipated Repayment Date),
(ii) except as otherwise disclosed in the written report from an independent certified public accountant, [and disclosed below,]
the revenues received in any month from the defeasance collateral will be applied to make Monthly Payments within four (4) months
after the date of receipt, (iii) the defeasance collateral is not callable prior to their respective maturity dates, and (iv)
interest income from the defeasance collateral to the Defeasance Obligor in any tax year will not exceed such Defeasance Obligor’s
interest expense for the Subject Mortgage Loan (or the allocated portion thereof in a partial defeasance) for such year, other
than in the year in which the Maturity Date or Anticipated Repayment Date will occur, when interest income will exceed interest
expense.

 

12.         The Master Servicer received opinions of counsel that, subject to customary qualifications, (i) the defeasance will not cause
either Trust REMIC to fail to qualify as a REMIC for purpose of the Code, (ii) the agreements executed by the Mortgagor and the
Defeasance Obligor in connection with the defeasance are enforceable against them in accordance with their terms, [and] (iii)
the Trustee will have a perfected, first priority security interest in the defeasance collateral.

 

13.         The agreements executed in connection with the defeasance (i) prohibit subordinate liens against the defeasance collateral, (ii)
provide for payment from sources other than the defeasance collateral of all fees and expenses of the securities intermediary
for administering the defeasance and the securities account and all fees and expenses of maintaining the existence of the Defeasance
Obligor, (iii) permit release of surplus defeasance collateral and earnings on reinvestment to the Defeasance Obligor only after
the Subject Mortgage Loan has been paid in full, (iv) include representations and/or covenants of the Mortgagor and/or securities
intermediary substantially as set forth on Exhibit B hereto, (v) provide for survival of such representations; and (vi) do not
permit waiver of such representations and covenants.

 

14.         At the time of the defeasance of the Subject Mortgage Loan, the Subject Mortgage Loan is (x) not one of the ten largest Mortgage
Loans by Stated Principal Balance, (y) a Mortgage Loan with a Stated Principal Balance equal to or less than $35,000,000
and (z) a 

    DD-4

     

    

 

Mortgage Loan that represents less than 5% of the Stated Principal Balance of all Mortgage Loans.

 

15.         Copies of all material agreements, instruments, organizational documents, opinions of counsel, accountant’s report and other
items delivered in connection with the defeasance will be provided to you upon request.

 

16.         The individual executing this notice is an authorized officer or a servicing officer of the Master Servicer.

 

IN
WITNESS WHEREOF, the Master Servicer has caused this notice to be executed as of the date captioned above.

 

	 	[MASTER
SERVICER]
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

    DD-5

     

    

 

 

EXHIBIT
A

 

Exceptions

 

    DD-6

     

    

 

EXHIBIT
B

 

Sample
Perfected Security Interest Representations

 

General:

 

1.            
[The defeasance agreements] create a valid and continuing security interest (as defined in the applicable UCC) in the [Collateral,
Securities Account and Deposit Account] in favor of the [Secured Party], which security interest is prior to all other [Liens],
and is enforceable as such as against creditors of and purchasers from [Debtor].

 

Note
that “Collateral” means securities, permitted investments and other assets credited to securities accounts.

 

1.            
The [Deposit Account] constitutes a “deposit account” within the meaning of the applicable UCC.

 

2.            
All of the [Collateral] has been and will have been credited to a [Securities Account]. The securities intermediary for the [Securities
Account] has agreed to treat all assets credited to the [Securities Account] as “financial assets” within the meaning
of the UCC.

 

Creation:

 

1.            
The Defeasance Account Agreement provides that the Pledgee shall have “control” (as defined in the applicable UCC).

 

2.            
[Debtor] has received all consents and approvals required by the terms of the [Collateral] to the transfer to the [Secured Party]
of its interest and rights in the [Collateral] hereunder.

 

Perfection:

 

1.            
[Debtor] has caused or will have caused, within ten (10) days, the filing of all appropriate financing statements in the proper
filing office in the appropriate jurisdictions under applicable law in order to perfect the security interest granted in the [Collateral,
Securities Account and Deposit Account] to the [Secured Party] hereunder.

 

2.            
[Debtor] has delivered to[Secured Party] a fully executed agreement pursuant to which the securities intermediary or the account
bank has agreed to comply with all instructions originated by the [Secured Party] relating to the [Securities Account] or directing
disposition of the funds in the [Deposit Account] without further consent by the [Debtor].

 

3.            
[Debtor] has taken all steps necessary to cause the securities intermediary to identify in its records the [Secured Party] as
the person having a security entitlement against the securities intermediary in the [Securities Account].

 

4.            
To the extent a Deposit Account exists, [Debtor] has taken all steps necessary to cause [Secured Party] to become the account
holder of the [Deposit Account].

 

    DD-7

     

    

 

Priority:

 

1.            
Other than the security interest granted to the [Secured Party] pursuant to this Agreement, [Debtor] has not pledged, assigned,
sold, granted a security interest in, or otherwise conveyed any of the [Collateral, Securities Account and Deposit Account]. [Debtor]
has not authorized the filing of and is not aware of any financing statements against [Debtor] that include a description of collateral
covering the [Collateral, Securities Account and Deposit Account] other than any financing statement relating to the security
interest granted to the [Secured Party] hereunder or that has been terminated. Debtor is not aware of any judgment or tax lien
filings against [Debtor].

 

2.            
The [Securities Account and Deposit Account] are not in the name of any person other than the [Debtor] or the [Secured Party].
The [Debtor] has not consented to the securities intermediary of any [Securities Account] or the account bank of any [Deposit
Account] to comply with entitlement orders or instructions of any person other than the [Secured Party].

 

    DD-8

     

    

 

EXHIBIT
EE

 

[RESERVED]

 

     

     

    

 

EXHIBIT
FF-1

 

FORM
OF NOTICE REGARDING OUTSIDE 

SERVICED
MORTGAGE LOAN

(One
Wilshire, Bedrock Portfolio and Grede Casting Industrial Portfolio) 

 

[Date]

 

	Midland
Loan Services, a Division of PNC Bank, National Association, 

        10851
Mastin Street 

        Building
82, Suite 300 

        Overland
Park, Kansas 66210 

        Attention:
Executive Vice President – Division Head 

        Fax
number: 1-888-706-3565 

        Email:
        NoticeAdmin@midlandls.com

         

        with
        a copy to:

         

        Stinson
LLP 

        1201
Walnut Street 

        Suite
2900 

        Kansas
City, Missouri 64106-2150 

        Attention:
Kenda K. Tomes 

        Email:
kenda.tomes@stinson.com 
	KeyBank
National Association 

        11501
Outlook Street, Suite 300 

        Overland
Park, Kansas 66211 

        Attention:
Alan Williams 

        Email:
        keybank_notices@keybank.com

         

        with
        a copy to:

         

        Polsinelli 

        900
West 48th Place, Suite 900 

        Kansas
City, Missouri 64112 

        Attention:
Kraig Kohring 

        Email:
kkohring@polsinelli.com 

	 	 
	Wilmington
Trust, National Association 

        1100
North Market Street 

        Wilmington
Delaware 19890 

        Attention:
        CMBS Trustee

         

        with
        a copy to:

         

        Telecopy
number: (302) 636-4140 

        Email:
        CMBSTrustee@wilmingtontrust.com

         
	Computershare
Trust Company, National Association 

        9062
Old Annapolis Road 

        Columbia,
Maryland 21045-1951 

        Attention:
Corporate Trust Services (CMBS) 

        Benchmark
        2022-B32 Mortgage Trust

         

        with
        a copy to:

         

        Telecopy
Number: (410) 715-2380 

        E-Mail:
        cts.cmbs.bond.admin@wellsfargo.com, and to

        trustadministrationgroup@wellsfargo.com 

	 	 
	Pentalpha
Surveillance LLC 

        375
N. French Road, Suite 100 

        Amherst,
New York 14228 

        Attention:
        Benchmark 2022-B32—Transaction

        
	 

 

    FF-1-1

     

    

 

	Manager 

                                                                                          With a copy sent via email to:

                                                                                notices@pentalphasurveillance.com (with

                                                                                Benchmark 2022-B32 in the subject line)
	 
	 	 

		Re:	BMARK
2022-B32, Commercial Mortgage Pass-Through Certificates, Series 2022-B32                                                             

 

Ladies
and Gentlemen:

 

Reference
is hereby made to the Pooling and Servicing Agreement, dated as of February 1, 2022 (the “BMARK 2022-B32 PSA”),
between J.P. Morgan Chase Commercial Securities Corp., as depositor, Midland Loan Services, a Division of PNC Bank, National Association,
as master servicer, KeyBank National Association, as special servicer, Wilmington Trust, National Association, as trustee, Computershare
Trust Company, National Association, as certificate administrator, as paying agent and as custodian, and Pentalpha Surveillance
LLC, as operating advisor. Capitalized terms used but not defined herein shall have the meanings given to them in the BMARK 2022-B32
PSA.

 

The
undersigned is the certificate administrator under the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “B35
PSA”), between Citigroup Commercial Mortgage Securities Inc., as depositor (the “B35 Depositor”),
KeyBank National Association, as master servicer (in such capacity, the “B35 Master Servicer”) and special
servicer (in such capacity, the “B35 Special Servicer”), Park Bridge Lender Services LLC, as operating advisor
(in such capacity, the “B35 Operating Advisor”) and as asset representations reviewer (in such capacity, the
“B35 Asset Representations Reviewer”), Computershare Trust Company, National Association, as certificate administrator
(in such capacity, the “B35 Certificate Administrator”), and Wilmington Trust, National Association, as trustee
(in such capacity, the “B35 Trustee”), pursuant to which the Benchmark 2022-B35 Mortgage Trust (the “B35
Trust”) was established and a pool of commercial mortgage loans were transferred to the B35 Trust as of May 12, 2022
(the “Closing Date”), including the following Serviced Companion Loans (collectively, the “Subject
Serviced Companion Loans”):

 

	Name
    of Mortgage Loan as identified on 

Mortgage Loan Schedule	Promissory
    Note(s) Evidencing Subject 

Serviced Companion Loan(s)
	One
    Wilshire	Note
    A-4
	Bedrock
    Portfolio	Note
    A-1-3-B and Note A-1-6
	Grede
    Casting Industrial Portfolio	Note
    A-2

 

    FF-1-2

     

    

 

The
undersigned hereby notifies you that, as of the Closing Date:

 

1.            Wilmington
Trust, National Association, as trustee under the B35 PSA, is the holder of the Subject Serviced Companion Loans. You are directed
to remit to KeyBank National Association, as master servicer under the B35 PSA, all amounts payable to, and to forward, deliver
or otherwise make available, as the case may be, to KeyBank National Association, as master servicer under the B35 PSA, all reports,
statements, documents, communications and other information that are to be forwarded, delivered or otherwise made available to
the Companion Loan Holder with respect to the Subject Serviced Companion Loan under the BMARK 2022-B32 PSA and the Co-Lender Agreement,
respectively. The wire instructions for KeyBank National Association, as B35 Master Servicer, are as follows:

 

[INSERT
WIRE INSTRUCTIONS PROVIDED BY KEYBANK NATIONAL ASSOCIATION]

 

2.            The
contact information for the B35 Trustee, the B35 Certificate Administrator, the B35 Master Servicer, the B35 Special Servicer,
the B35 Operating Advisor, the B35 Asset Representations Reviewer and the B35 Depositor with respect to the Subject Serviced Companion
Loans is as follows:

 

	B35
    Trustee:	Wilmington
Trust, National Association 

        1100
North Market Street 

        Wilmington,
Delaware 19890 

        Attention:
CMBS Trustee – Benchmark 2022-B35 

        Fax
number: (302) 636-4140 

        Email:
cmbstrustee@wilmingtontrust.com 

	B35
    Certificate Administrator:	Computershare
Trust Company, National Association 

        9062
Old Annapolis Road 

        Columbia,
Maryland 21045 

        Attention:
Corporate Trust Services – Benchmark 2022-B35 

        with
a copy to: 

        cts.cmbs.bond.admin@wellsfargo.com 

        trustadministrationgroup@wellsfargo.com 

	B35
    Master Servicer	KeyBank
National Association, 

        11501
Outlook Street, Suite 300 

        Overland
Park, Kansas 66211 

        Attention:
Michael A. Tilden 

        Email:
michael_a_tilden@keybank.com; 

        Fax:
        877-379-1625

         

        With
a copy to:

 

    FF-1-3

     

    

 

	 	

         

        Polsinelli 

        900
West 48th Place, Suite 900 

        Kansas
City, Missouri 64112 

        Attention:
Kraig Kohring 

        Email:
kkohring@polsinelli.com 

        fax
        number (816) 753-1536

         

	B35
    Special Servicer:	KeyBank
National Association, 

        11501
Outlook Street, Suite 300

Overland Park, Kansas 66211

Attention: Alan Williams

Email: keybank_notices@keybank.com 

        Fax:
        877-379-1625

         

        With
        a copy to:

         

        Polsinelli 

        900
West 48th Place, Suite 900 

        Kansas
City, Missouri 64112 

        Attention:
Kraig Kohring 

        Email:
kkohring@polsinelli.com 

        fax
number (816) 753-1536 

	B35
    Operating Advisor and B35 Asset Representations Reviewer:	Park
Bridge Lender Services LLC 

        as
Operating Advisor and as Asset

        Representations Reviewer 

        600
Third Avenue, 40th Floor 

        New
York, New York 10016 

        Attention:
Benchmark 2022-B35— Surveillance Manager 

        (with
a copy sent contemporaneously via 

        email
to cmbs.notices@parkbridgefinancial.com) 

         

	B35
    Depositor	Citigroup
Commercial Mortgage Securities Inc. 

        388
Greenwich Street, 6th Floor 

        New
York, New York 10013 

        Attention:
Richard Simpson 

        Fax
        number: (646) 328-2943

         

        with
        a copy to:

         

        Citigroup
Commercial Mortgage Securities Inc. 

        390
Greenwich Street, 5th Floor  

 

    FF-1-4

     

    

 

	 	New York, New York 10013

        Attention:
Raul Orozco 

        Fax
        number: (347) 394-0898

         

        with
        a copy to:

         

        Citigroup
Commercial Mortgage Securities Inc. 

        388
Greenwich Street, 17th Floor 

        New
York, New York 10013 

        Attention:
Ryan M. O’Connor 

        Fax
        number: (646) 862-8988

         

        with
        electronic copies e-mailed to:

         

        Richard
Simpson at richard.simpson@citi.com and

        Ryan M. O’Connor at ryan.m.oconnor@citi.com 

 

3.            The
B35 Trust is subject to the reporting requirements of the Securities Exchange Act of 1934, as amended.

 

4.            Enclosed
herewith is a copy of an executed version of the B35 PSA.

 

5.            As
of the date hereof, the Controlling Class Representative (as defined in the B35 PSA) under the B35 PSA is LD III Sub VII, LLC.

 

	 	Very truly yours,
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

    FF-1-5

     

    

 

EXHIBIT
FF-2

 

FORM
OF NOTICE REGARDING OUTSIDE 

SERVICED
MORTGAGE LOAN

(ILPT
Logistics Portfolio)

 

[Date]

 

	Berkadia
Commercial Mortgage LLC 

        323
Norristown Road, Suite 300 

        Ambler,
Pennsylvania 19002 

        Attention:
Executive Vice President – Servicing 

        Fax
        Number: (215) 328-3478

         

        with
        a copy to:

         

        Berkadia
Commercial Mortgage LLC 

        323
Norristown Road, Suite 300 

        Ambler,
Pennsylvania 19002 

        Attention:
General Counsel 

         

        with
copies sent contemporaneously via e-mail to: 

        mark.mccool@berkadia.com
and

        Legalnotices@berkadia.com 
	Situs
Holdings, LLC 

        2
Embarcadero Center, 8th Floor 

        San
Francisco, California 94111 

        Attention:
Stacey Ciarlanti (ILPT 2022-LPFX) 

        E-mail:
        staceyciarlanti@situsamc.com and samnotice@situs.com

         

        with
        copies to:

         

        Situs
Holdings, LLC 

        5065
Westheimer, Suite 700E 

        Houston,
Texas 77056 

        Attention:
Legal Department 

        Email:
        legal@situsamc.com

         

	 	 
	Wilmington Trust, National Association

    1100 North Market Street

    Wilmington, Delaware 19890

    Attention: CMBS Trustee – ILPT 2022-LPFX	Computershare
Trust Company, National Association 

        9062
Old Annapolis Road 

        Columbia,
Maryland 21045 

        Attention:
        Corporate Trust Services– ILPT 2022-LPFX

         

        With
a copy to: 

        Email:
        trustadministrationgroup@wellsfargo.com

        and
cts.cmbs.bond.admin@wellsfargo.com

	 	 
	Park
Bridge Lender Services LLC

        600
Third Avenue, 40th Floor 

        New
York, New York 10016 

        Attention:
ILPT 2022-LPFX – Surveillance Manager
	 

 

    FF-2-1

     

    

 

	with
a copy sent contemporaneously via e-mail to:

        cmbs.notices@parkbridgefinancial.com

         
	 

		Re:	ILPT
                                         Commercial Mortgage Trust 2022-LPFX,

                                         Commercial Mortgage Pass-Through Certificates, Series 2022-LPFX                           

 

Ladies
and Gentlemen:

 

Reference
is hereby made to the Trust and Servicing Agreement, dated as of March 6, 2022 (the “ILPT 2022-LPFX TSA”),
between Citigroup Commercial Mortgage Securities Inc., as depositor, Berkadia Commercial Mortgage LLC, as servicer, Situs Holdings,
LLC, as special servicer, Wilmington Trust, National Association, as trustee, Computershare Trust Company, National Association,
as certificate administrator, and Park Bridge Lender Services LLC, as operating advisor. Capitalized terms used but not defined
herein shall have the meanings given to them in the ILPT 2022-LPFX TSA.

 

The
undersigned is the certificate administrator under the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “B35
PSA”), between Citigroup Commercial Mortgage Securities Inc., as depositor (the “B35 Depositor”),
KeyBank National Association, as master servicer (in such capacity, the “B35 Master Servicer”) and special
servicer (in such capacity, the “B35 Special Servicer”), Park Bridge Lender Services LLC, as operating advisor
(in such capacity, the “B35 Operating Advisor”) and as asset representations reviewer (in such capacity, the
“B35 Asset Representations Reviewer”), Computershare Trust Company, National Association, as certificate administrator
(in such capacity, the “B35 Certificate Administrator”), and Wilmington Trust, National Association, as trustee
(in such capacity, the “B35 Trustee”), pursuant to which the Benchmark 2022-B35 Mortgage Trust (the “B35
Trust”) was established and a pool of commercial and multifamily mortgage loans were transferred to the B35 Trust as
of May 12, 2022 (the “Closing Date”), including the Companion Loans evidenced by Note A-2-A-1 and Note A-2-A-2
(collectively, the “Subject Serviced Companion Loans”):

 

The
undersigned hereby notifies you that, as of the Closing Date:

 

1.            Wilmington
Trust, National Association, as trustee under the B35 PSA, is the holder of the Subject Serviced Companion Loans. You are directed
to remit to KeyBank National Association, as master servicer under the B35 PSA, all amounts payable to, and to forward, deliver
or otherwise make available, as the case may be, to KeyBank National Association, as master servicer under the B35 PSA, all reports,
statements, documents, communications and other information that are to be forwarded, delivered or otherwise made available to
the Companion Loan Holders with respect to the Subject Serviced Companion Loans under the ILPT 2022-LPFX TSA and the related Co-Lender
Agreement, respectively. The wire instructions for KeyBank National Association, as B35 Master Servicer, are as follows:

 

[INSERT
WIRE INSTRUCTIONS PROVIDED BY KEYBANK NATIONAL ASSOCIATION]

 

    FF-2-2

     

    

 

2.            The
contact information for the B35 Trustee, the B35 Certificate Administrator, the B35 Master Servicer, the B35 Special Servicer,
the B35 Operating Advisor, the B35 Asset Representations Reviewer and the B35 Depositor with respect to the Subject Serviced Companion
Loans is as follows:

 

	B35
    Trustee:	Wilmington
Trust, National Association 

        1100
North Market Street 

        Wilmington,
Delaware 19890 

        Attention:
CMBS Trustee – Benchmark 2022-B35 

        Fax
number: (302) 636-4140 

        Email:
cmbstrustee@wilmingtontrust.com 

	B35
    Certificate Administrator:	Computershare
Trust Company, National Association 

        9062
Old Annapolis Road 

        Columbia,
Maryland 21045 

        Attention:
Corporate Trust Services – Benchmark 2022-B35 

        with
a copy to: 

        cts.cmbs.bond.admin@wellsfargo.com 

        trustadministrationgroup@wellsfargo.com 

	B35
    Master Servicer:	KeyBank
National Association, 

        11501
Outlook Street, Suite 300 

        Overland
Park, Kansas 66211 

        Attention:
Michael A. Tilden 

        Email:
michael_a_tilden@keybank.com; 

        Fax:
        877-379-1625

         

        With
        a copy to:

         

        Polsinelli 

        900
West 48th Place, Suite 900 

        Kansas
City, Missouri 64112 

        Attention:
Kraig Kohring 

        Email:
kkohring@polsinelli.com 

        fax
number (816) 753-1536 

	B35
    Special Servicer:	KeyBank
National Association, 

        11501
Outlook Street, Suite 300

Overland Park, Kansas 66211

Attention: Alan Williams

Email: keybank_notices@keybank.com 

        Fax:
877-379-1625

 

    FF-2-3

     

    

 

	 	

         

        With
        a copy to:

         

        Polsinelli

        900
West 48th Place, Suite 900

        Kansas
City, Missouri 64112

        Attention:
Kraig Kohring

        Email:
kkohring@polsinelli.com

        fax
number (816) 753-1536

	B35
    Operating Advisor and B35 Asset Representations Reviewer:	Park
Bridge Lender Services LLC 

        as
Operating Advisor and as Asset

        Representations Reviewer 

        600
Third Avenue, 40th Floor 

        New
York, New York 10016 

        Attention:
Benchmark 2022-B35— Surveillance Manager 

        (with
a copy sent contemporaneously via 

        email
to cmbs.notices@parkbridgefinancial.com) 

         

	B35
    Depositor	Citigroup
Commercial Mortgage Securities Inc. 

        388
Greenwich Street, 6th Floor 

        New
York, New York 10013 

        Attention:
Richard Simpson 

        Fax
        number: (646) 328-2943

         

        with
        a copy to:

         

        Citigroup
Commercial Mortgage Securities Inc. 

        390
Greenwich Street, 5th Floor 

        New
York, New York 10013 

        Attention:
Raul Orozco 

        Fax
        number: (347) 394-0898

         

        with
        a copy to:

         

        Citigroup
Commercial Mortgage Securities Inc. 

        388
Greenwich Street, 17th Floor 

        New
York, New York 10013 

        Attention:
Ryan M. O’Connor 

        Fax
        number: (646) 862-8988

         

        with
        electronic copies e-mailed to:

         

        Richard
Simpson at richard.simpson@citi.com

 

    FF-2-4

     

    

 

	 	

        and

Ryan M. O’Connor at ryan.m.oconnor@citi.com

 

3.            The
B35 Trust is subject to the reporting requirements of the Securities Exchange Act of 1934, as amended.

 

4.             Enclosed
herewith is a copy of an executed version of the B35 PSA.

 

5.            As
of the date hereof, the Controlling Class Representative (as defined in the B35 PSA) under the B35 PSA is LD III Sub VII, LLC.

 

	 	Very truly yours,
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

    FF-2-5

     

    

 

EXHIBIT
FF-3

 

FORM
OF NOTICE REGARDING OUTSIDE 

SERVICED
MORTGAGE LOAN

(200
West Jackson)

 

[Date]

 

	Midland
Loan Services, a Division of PNC Bank, National Association] 

        10851
Mastin Street. Suite 700 

        Overland
Park, Kansas 66210 

        Attention:
Executive Vice President – Division Head 

        Facsimile:
(888) 706-3565 

        Email:
        NoticeAdmin@midlandls.com

         

        with
        a copy to:

         

        Stinson
LLP 

        1201
Walnut Street, Suite 2900 

        Kansas
City, Missouri 64106-2150 

        Attention:
Kenda K. Tomes 

        Facsimile:
(816) 412-9338 

        Email:
kenda.tomes@stinson.com
	Computershare
Trust Company, National Association 

        9062
Old Annapolis Road 

        Columbia,
Maryland 21045 

        Attention:
Corporate Trust Services – BMARK 2022-B33 

        Fax
        number: (410) 715-2380

         

        with
        a copy to:

         

        cts.cmbs.bond.admin@wellsfargo.com,
and to 

        trustadministrationgroup@wellsfargo.com

         

	 	 
	Wilmington
Trust, National Association 

        1100
North Market Street 

        Wilmington
Delaware 19890 

        Attention:
        CMBS Trustee

         

        with
        a copy to:

         

        Telecopy
number: (302) 636-4140

        Email:
CMBSTrustee@wilmingtontrust.com
	Park
Bridge Lender Services LLC 

        600
Third Avenue, 40th Floor 

        New
York, New York 10016 

        Attention:
        Benchmark 2022-B33-Surveillance

        Manager (with a copy sent contemporaneously

        via email to

        cmbs.notices@parkbridgefinancial.com)

         

		 

		Re:	BMARK
                                         2022-B33 Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates,
                                         Series 2022-B33                   

 

Ladies
and Gentlemen:

 

    FF-3-1

     

    

 

Reference
is hereby made to the Pooling and Servicing Agreement, dated as of March 1, 2022 (the “BMARK 2022-B33 PSA”),
among GS Mortgage Securities Corporation II, as depositor, Midland Loan Services, a Division of PNC Bank, National Association,
as master servicer and special servicer, Wilmington Trust, National Association, as trustee, Computershare Trust Company, National
Association, as certificate administrator, and Park Bridge Lender Services LLC, as operating advisor and as asset representations
reviewer. Capitalized terms used but not defined herein shall have the meanings given to them in the BMARK 2022-B33 PSA.

 

The
undersigned is the certificate administrator under the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “B35
PSA”), between Citigroup Commercial Mortgage Securities Inc., as depositor (the “B35 Depositor”),
KeyBank National Association, as master servicer (in such capacity, the “B35 Master Servicer”) and special
servicer (in such capacity, the “B35 Special Servicer”), Park Bridge Lender Services LLC, as operating advisor
(in such capacity, the “B35 Operating Advisor”) and as asset representations reviewer (in such capacity, the
“B35 Asset Representations Reviewer”), Computershare Trust Company, National Association, as certificate administrator
(in such capacity, the “B35 Certificate Administrator”), and Wilmington Trust, National Association, as trustee
(in such capacity, the “B35 Trustee”), pursuant to which the Benchmark 2022-B35 Mortgage Trust (the “B35
Trust”) was established and a pool of commercial mortgage loans were transferred to the B35 Trust as of May 12, 2022
(the “Closing Date”), including the Companion Loan evidenced by Note A-2 (the “Subject Serviced Companion
Loan”):

 

The
undersigned hereby notifies you that, as of the Closing Date:

 

1.            Wilmington
Trust, National Association, as trustee under the B35 PSA, is the holder of the Subject Serviced Companion Loans. You are directed
to remit to KeyBank National Association, as master servicer under the B35 PSA, all amounts payable to, and to forward, deliver
or otherwise make available, as the case may be, to KeyBank National Association, as master servicer under the B35 PSA, all reports,
statements, documents, communications and other information that are to be forwarded, delivered or otherwise made available to
the Serviced Companion Noteholders with respect to the Subject Serviced Companion Loans under the BMARK 2022-B33 PSA and the related
Intercreditor Agreement, respectively. The wire instructions for KeyBank National Association, as B35 Master Servicer, are as
follows:

 

[INSERT
WIRE INSTRUCTIONS PROVIDED BY KEYBANK NATIONAL ASSOCIATION]

 

2.            The
contact information for the B35 Trustee, the B35 Certificate Administrator, the B35 Master Servicer, the B35 Special Servicer,
the B35 Operating Advisor, the B35 Asset Representations Reviewer and the B35 Depositor with respect to the Subject Serviced Companion
Loan is as follows:

 

    FF-3-2

     

    

 

	B35
    Trustee:	Wilmington
Trust, National Association 

        1100
North Market Street 

        Wilmington,
Delaware 19890 

        Attention:
CMBS Trustee – Benchmark 2022-B35 

        Fax
number: (302) 636-4140 

        Email:
cmbstrustee@wilmingtontrust.com 

	B35
    Certificate Administrator:	Computershare
Trust Company, National Association 

        9062
Old Annapolis Road 

        Columbia,
Maryland 21045 

        Attention:
Corporate Trust Services –

        Benchmark 2022-B35 

        with
a copy to: 

        cts.cmbs.bond.admin@wellsfargo.com 

        trustadministrationgroup@wellsfargo.com 

	B35
    Master Servicer	KeyBank
National Association, 

        11501
Outlook Street, Suite 300 

        Overland
Park, Kansas 66211 

        Attention:
Michael A. Tilden 

        Email:
michael_a_tilden@keybank.com; 

        Fax:
        877-379-1625

         

        With
        a copy to:

         

        Polsinelli 

        900
West 48th Place, Suite 900 

        Kansas
City, Missouri 64112 

        Attention:
Kraig Kohring 

        Email:
kkohring@polsinelli.com 

        fax
        number (816) 753-1536

         

	B35
    Special Servicer:	KeyBank
National Association, 

        11501
Outlook Street, Suite 300

Overland Park, Kansas 66211

Attention: Alan Williams

Email: keybank_notices@keybank.com 

        Fax:
        877-379-1625

         

        With
        a copy to:

         

        Polsinelli 

        900
West 48th Place, Suite 900 

 

    FF-3-3

     

    

 

	 	

        Kansas
City, Missouri 64112 

        Attention:
Kraig Kohring 

        Email:
kkohring@polsinelli.com 

        fax
number (816) 753-1536 

	B35
    Operating Advisor and B35 Asset Representations Reviewer:	Park
Bridge Lender Services LLC 

        as
        Operating Advisor and as Asset

        Representations
Reviewer 

        600
Third Avenue, 40th Floor 

        New
York, New York 10016 

        Attention:
Benchmark 2022-B35— Surveillance Manager 

        (with
a copy sent contemporaneously via 

        email
        to cmbs.notices@parkbridgefinancial.com)

         

	B35
    Depositor:	Citigroup
Commercial Mortgage Securities Inc. 

        388
Greenwich Street, 6th Floor 

        New
York, New York 10013 

        Attention:
Richard Simpson 

        Fax
        number: (646) 328-2943

         

        with
        a copy to:

         

        Citigroup
Commercial Mortgage Securities Inc. 

        390
Greenwich Street, 5th Floor 

        New
York, New York 10013 

        Attention:
Raul Orozco 

        Fax
        number: (347) 394-0898

         

        with
        a copy to:

         

        Citigroup
Commercial Mortgage Securities Inc. 

        388
Greenwich Street, 17th Floor 

        New
York, New York 10013 

        Attention:
Ryan M. O’Connor 

        Fax
        number: (646) 862-8988

         

        with
        electronic copies e-mailed to:

         

        Richard
        Simpson at richard.simpson@citi.com

        and

        Ryan M. O’Connor at ryan.m.oconnor@citi.com

         

 

3.            The
B35 Trust is subject to the reporting requirements of the Securities Exchange Act of 1934, as amended.

 

    FF-3-4

     

    

 

4.             Enclosed
herewith is a copy of an executed version of the B35 PSA.

 

5.            As
of the date hereof, the Controlling Class Representative (as defined in the B35 PSA) under the B35 PSA is LD III Sub VII, LLC.

 

	 	Very truly yours,
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

    FF-3-5

     

    

EXHIBIT
FF-4

 

FORM
OF NOTICE REGARDING OUTSIDE 

SERVICED
MORTGAGE LOAN

(601
Lexington Avenue) 

 

[Date]

 

	Wells
Fargo Bank, National Association

        Commercial
Mortgage Servicing

        550
S. Tryon Street

        MAC
D1086-23A, 23rd Floor

        Charlotte,
North Carolina 28202

        Attention:
BXP Trust 2021-601L Asset Manager

        Fax
Number: (704) 715-0036

        E-mail:
Commercial.servicing@wellsfargo.com
	Computershare
Trust Company, National Association 

        9062
Old Annapolis Road 

        Columbia,
Maryland 21045 

        Attention:
Corporate Trust Services 

        BXP
Trust 2021-601L 

        with
a copy to: trustadministrationgroup@wellsfargo.com; 

        cts.cmbs.bond.admin@wellsfargo.com

	 	 
	with
        a copy to:

         

        K&L
Gates LLP 

        300
South Tryon Street, Suite 1000 

        Charlotte,
North Carolina 28202 

        Attention:
Stacy G. Ackermann 

        Reference:
BXP 2021-601L 

        Fax
        Number: (704) 353-3190

         

        Situs
Holdings, LLC 

        101
Montgomery Street, Suite 2250 

        San
Francisco, California 94104 Attention:

        Stacey Ciarlanti 

        E-mail:
        staceyciarlanti@situsamc.com

         

        with
        a copy to:

         

        Situs
Group, LLC 

        5065
Westheimer, Suite 700E 

        Houston,
Texas 77056 

        Attention:
Legal Department 

        E-mail:
        legal@situsamc.com 
	Computershare
Trust Company, National Association 

        1055
10th Ave SE 

        Minneapolis,
Minnesota 55414 

        Attention:
        Document Custody Group 2021-601L

         

        With
a copy to: 

        Email:
        cmbscustody@wellsfargo.com

         

	 	 

		Re:	BXP
Trust 2021-601L, Commercial Mortgage Pass Through Certificates, Series 2021-601L                                                                        

 

    FF-4-1

     

    

 

Ladies
and Gentlemen:

 

Reference
is hereby made to the Trust and Servicing Agreement, dated as of December 29, 2021 (the “BXP 2021-601L TSA”),
between Wells Fargo Commercial Mortgage Securities, Inc., as depositor, Wells Fargo Bank, National Association, as servicer, Situs
Holdings, LLC as special servicer, and Computershare Trust Company, National Association, as trustee and certificate administrator.
Capitalized terms used but not defined herein shall have the meanings given to them in the BXP 2021-601L TSA.

 

The
undersigned is the certificate administrator under the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “B35
PSA”), between Citigroup Commercial Mortgage Securities Inc., as depositor (the “B35 Depositor”),
KeyBank National Association, as master servicer (in such capacity, the “B35 Master Servicer”) and special
servicer (in such capacity, the “B35 Special Servicer”), Park Bridge Lender Services LLC, as operating advisor
(in such capacity, the “B35 Operating Advisor”) and as asset representations reviewer (in such capacity, the
“B35 Asset Representations Reviewer”), Computershare Trust Company, National Association, as certificate administrator
(in such capacity, the “B35 Certificate Administrator”), and Wilmington Trust, National Association, as trustee
(in such capacity, the “B35 Trustee”), pursuant to which the Benchmark 2022-B35 Mortgage Trust (the “B35
Trust”) was established and a pool of commercial mortgage loans were transferred to the B35 Trust as of May 12, 2022
(the “Closing Date”), including the Companion Loan evidenced by Note A-4-C1 and Note A-4-C4 (the “Subject
Serviced Companion Loan”):

 

The
undersigned hereby notifies you that, as of the Closing Date:

 

1.            Wilmington
Trust, National Association, as trustee under the B35 PSA, is the holder of the Subject Serviced Companion Loans. You are directed
to remit to KeyBank National Association, as master servicer under the B35 PSA, all amounts payable to, and to forward, deliver
or otherwise make available, as the case may be, to KeyBank National Association, as master servicer under the B35 PSA, all reports,
statements, documents, communications and other information that are to be forwarded, delivered or otherwise made available to
the Serviced Companion Noteholders with respect to the Subject Serviced Companion Loans under the BXP 2021-601L TSA and the related
Intercreditor Agreement, respectively. The wire instructions for KeyBank National Association, as B35 Master Servicer, are as
follows:

 

[INSERT
WIRE INSTRUCTIONS PROVIDED BY KEYBANK NATIONAL ASSOCIATION]

 

2.            The
contact information for the B35 Trustee, the B35 Certificate Administrator, the B35 Master Servicer, the B35 Special Servicer,
the B35 Operating Advisor, the B35 Asset Representations Reviewer and the B35 Depositor with respect to the Subject Serviced Companion
Loan is as follows:

 

    FF-4-2

     

    

 

	B35
    Trustee:	Wilmington
Trust, National Association 

        1100
North Market Street 

        Wilmington,
Delaware 19890 

        Attention:
CMBS Trustee – Benchmark 2022-B35 

        Fax
number: (302) 636-4140 

        Email:
        cmbstrustee@wilmingtontrust.com

         

	B35
    Certificate Administrator:	Computershare
Trust Company, National Association 

        9062
Old Annapolis Road 

        Columbia,
Maryland 21045 

        Attention:
Corporate Trust Services – Benchmark 2022-B35 

        with
a copy to: 

        cts.cmbs.bond.admin@wellsfargo.com 

        trustadministrationgroup@wellsfargo.com 

	B35
    Master Servicer	KeyBank
National Association, 

        11501
Outlook Street, Suite 300 

        Overland
Park, Kansas 66211 

        Attention:
Michael A. Tilden 

        Email:
michael_a_tilden@keybank.com; 

        Fax:
        877-379-1625

         

        With
        a copy to:

         

        Polsinelli 

        900
West 48th Place, Suite 900 

        Kansas
City, Missouri 64112 

        Attention:
Kraig Kohring 

        Email:
kkohring@polsinelli.com 

        fax
number (816) 753-1536

         

	B35
    Special Servicer:	KeyBank
National Association, 

        11501
Outlook Street, Suite 300

Overland Park, Kansas 66211

Attention: Alan Williams

Email: keybank_notices@keybank.com 

        Fax:
        877-379-1625

         

        With
        a copy to:

         

        Polsinelli 

        900
West 48th Place, Suite 900

 

    FF-4-3

     

    

 

	 	Kansas
City, Missouri 64112

        Attention:
Kraig Kohring

        Email:
kkohring@polsinelli.com

        fax
number (816) 753-1536

	B35
    Operating Advisor and B35 Asset Representations Reviewer:	Park
Bridge Lender Services LLC 

        as
        Operating Advisor and as Asset

        Representations
Reviewer 

        600
Third Avenue, 40th Floor 

        New
York, New York 10016 

        Attention:
Benchmark 2022-B35— Surveillance Manager 

        (with
a copy sent contemporaneously via 

        email
        to cmbs.notices@parkbridgefinancial.com)

         

	B35
    Depositor:	Citigroup
Commercial Mortgage Securities Inc.

        388
Greenwich Street, 6th Floor

        New
York, New York 10013 

        Attention:
Richard Simpson 

        Fax
        number: (646) 328-2943

         

        with
        a copy to:

         

        Citigroup
Commercial Mortgage Securities Inc. 

        390
Greenwich Street, 5th Floor 

        New
York, New York 10013 

        Attention:
Raul Orozco 

        Fax
        number: (347) 394-0898

         

        with
        a copy to:

         

        Citigroup
Commercial Mortgage Securities Inc. 

        388
Greenwich Street, 17th Floor 

        New
York, New York 10013 

        Attention:
Ryan M. O’Connor 

        Fax
        number: (646) 862-8988

         

        with
        electronic copies e-mailed to:

         

        Richard
        Simpson at richard.simpson@citi.com

        and

Ryan M. O’Connor at ryan.m.oconnor@citi.com

 

3.             The
B35 Trust is subject to the reporting requirements of the Securities Exchange Act of 1934, as amended.

 

    FF-4-4

     

    

 

4.             Enclosed
herewith is a copy of an executed version of the B35 PSA.

 

5.            As
of the date hereof, the Controlling Class Representative (as defined in the B35 PSA) under the B35 PSA is LD III Sub VII, LLC.

 

	 	Very truly yours,
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

  

    FF-4-5

     

    

  

EXHIBIT
FF-5

 

FORM
OF NOTICE REGARDING OUTSIDE  

SERVICED
MORTGAGE LOAN 

(Novo
Nordisk HQ) 

 

[Date]

 

	Midland
                                         Loan Services, a Division of PNC Bank, National Association

        10851
        Mastin Street. Suite 700

        Overland
        Park, Kansas 66210

        Attention:
        Executive Vice President – Division Head

        Facsimile:
        (888) 706-3565

        Email:
        NoticeAdmin@midlandls.com

         

        with
        a copy to:

         

        Stinson
        LLP

        1201
        Walnut Street, Suite 2900

        Kansas
        City, Missouri 64106-2150

        Attention:
        Kenda K. Tomes

        Facsimile:
        (816) 412-9338

        Email:
        kenda.tomes@stinson.com

        	Rialto
                                         Capital Advisors, LLC,

        Southeast
        Financial Center

        200
        S. Biscayne Blvd, Suite 3550

        Miami,
        Florida 33131

        Attention:
        Liat Heller

        Fax
        number: (305) 229-6425

        Email:
        liat.heller@rialtocapital.com

         

        with
        a copy to:

         

        Rialto
        Capital Advisors, LLC,

        Southeast
        Financial Center

        200
        S. Biscayne Blvd, Suite 3550

        Miami,
        Florida 33131

        Attention:
        Jeff Krasnoff, Niral Shah and Adam Singer

        Fax
        number: (305) 229-6425

        Email:
        niral.shah@rialtocapital.com, adam.singer@rialtocapital.com and

        jeff.krasnoff@rialtocapital.com

        
	 	 
	Citibank,
                                         N.A.

                                         388 Greenwich Street Trading

                                         New York, New York 10013

                                         Attention: Citibank Agency & 

Trust - Benchmark 2021-B31

                                         Fax number: (212) 816-5527

                                                          

        and
        with respect to e-mail pursuant to this Agreement, at ratingagencynotice@citi.com

        	Wilmington
                                         Trust, National Association

        1100
        North Market Street

        Wilmington,
        Delaware 19890

        Attention:
        CMBS Trustee Benchmark 2021-B31

        Fax
        number: (302) 636 4140

        Email:
        cmbstrustee@wilmingtontrust.com

        
	 	 
	Pentalpha
                                         Surveillance LLC

        375
        N. French Road, Suite 100

        Amherst,
        New York 14228

        Attention:
        Benchmark 2021 B31—Transaction Manager

         

        with
        copies sent contemporaneously via email

        	 

 

    FF-5-1

     

    

 

	to
    notices@pentalphasurveillance.com (with

    Benchmark 2021 B31 in the subject line)	 

 

		Re:	BMARK
                                         2021-B31 Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates,
                                         Series 2021-B31 

 

Ladies
and Gentlemen:

 

Reference
is hereby made to the Pooling and Servicing Agreement, dated as of December 1, 2021 (the “BMARK 2021-B31 PSA”),
among Citigroup Commercial Mortgage Securities Inc., as depositor, Midland Loan Services, a Division of PNC Bank, National Association,
as master servicer, Rialto Capital Advisors, LLC, as special servicer, Wilmington Trust, National Association, as trustee, Citibank,
N.A., as certificate administrator, and Pentalpha Surveillance LLC, as operating advisor and as asset representations reviewer.
Capitalized terms used but not defined herein shall have the meanings given to them in the BMARK 2021-B31 PSA.

 

The
undersigned is the certificate administrator under the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “B35
PSA”), between Citigroup Commercial Mortgage Securities Inc., as depositor (the “B35 Depositor”),
KeyBank National Association, as master servicer (in such capacity, the “B35 Master Servicer”) and special
servicer (in such capacity, the “B35 Special Servicer”), Park Bridge Lender Services LLC, as operating advisor
(in such capacity, the “B35 Operating Advisor”) and as asset representations reviewer (in such capacity, the
“B35 Asset Representations Reviewer”), Computershare Trust Company, National Association, as certificate administrator
(in such capacity, the “B35 Certificate Administrator”), and Wilmington Trust, National Association, as trustee
(in such capacity, the “B35 Trustee”), pursuant to which the Benchmark 2022-B35 Mortgage Trust (the “B35
Trust”) was established and a pool of commercial mortgage loans were transferred to the B35 Trust as of May 12, 2022
(the “Closing Date”), including the Companion Loan evidenced by Note A-3-2 (the “Subject Serviced
Companion Loan”):

 

The
undersigned hereby notifies you that, as of the Closing Date:

 

1.       Wilmington
Trust, National Association, as trustee under the B35 PSA, is the holder of the Subject Serviced Companion Loans. You are directed
to remit to KeyBank National Association, as master servicer under the B35 PSA, all amounts payable to, and to forward, deliver
or otherwise make available, as the case may be, to KeyBank National Association, as master servicer under the B35 PSA, all reports,
statements, documents, communications and other information that are to be forwarded, delivered or otherwise made available to
the Serviced Companion Noteholders with respect to the Subject Serviced Companion Loans under the BMARK 2021-B31 PSA and the related
Intercreditor Agreement, respectively. The wire instructions for KeyBank National Association, as B35 Master Servicer, are as
follows:

 

[INSERT
WIRE INSTRUCTIONS PROVIDED BY KEYBANK NATIONAL ASSOCIATION]

 

    FF-5-2

     

    

 

2.       The
contact information for the B35 Trustee, the B35 Certificate Administrator, the B35 Master Servicer, the B35 Special Servicer,
the B35 Operating Advisor, the B35 Asset Representations Reviewer and the B35 Depositor with respect to the Subject Serviced Companion
Loan is as follows:

 

	B35
    Trustee:	Wilmington
                                         Trust, National Association

        1100
        North Market Street

        Wilmington,
        Delaware 19890

        Attention:
        CMBS Trustee – Benchmark 2022-B35

        Fax
        number: (302) 636-4140

        Email:
        cmbstrustee@wilmingtontrust.com

        
	B35
    Certificate Administrator:	Computershare
                                         Trust Company, National Association 

        9062
        Old Annapolis Road

        Columbia,
        Maryland 21045

        Attention:
        Corporate Trust Services – Benchmark 2022-B35

        with
        a copy to:

        cts.cmbs.bond.admin@wellsfargo.com

        trustadministrationgroup@wellsfargo.com 

	B35
    Master Servicer	KeyBank
                                         National Association,

        11501
        Outlook Street, Suite 300

        Overland
        Park, Kansas 66211

        Attention:
        Michael A. Tilden

        Email:
        michael_a_tilden@keybank.com;

        Fax:
        877-379-1625

         

        With
        a copy to:

         

        Polsinelli

        900
        West 48th Place, Suite 900

        Kansas
        City, Missouri 64112

        Attention:
        Kraig Kohring

        Email:
        kkohring@polsinelli.com

        fax
        number (816) 753-1536

        
	B35
    Special Servicer:	KeyBank
                                         National Association,

        11501
        Outlook Street, Suite 300

        Overland Park, Kansas 66211

        Attention: Alan Williams

        Email: keybank_notices@keybank.com

        Fax:
        877-379-1625

        

        

 

    FF-5-3

     

    

 

	 	With
                                         a copy to: 

 

Polsinelli 

900
West 48th Place, Suite 900 

Kansas
City, Missouri 64112 

Attention:
Kraig Kohring 

Email:
kkohring@polsinelli.com 

fax
number (816) 753-1536 

	B35
    Operating Advisor and B35 Asset Representations Reviewer:	Park
Bridge Lender Services LLC

                                                                                                                                            as Operating Advisor and as Asset

        Representations Reviewer

        600
        Third Avenue, 40th Floor

        New
        York, New York 10016

        Attention:
        Benchmark 2022-B35— Surveillance Manager

        (with
        a copy sent contemporaneously via

        email
        to cmbs.notices@parkbridgefinancial.com)

        
	B35
    Depositor:	Citigroup
                                         Commercial Mortgage Securities Inc.

        388
        Greenwich Street, 6th Floor

        New
        York, New York 10013

        Attention:
        Richard Simpson

        Fax
        number: (646) 328-2943

         

        with
        a copy to:

         

        Citigroup
        Commercial Mortgage Securities Inc.

        390
        Greenwich Street, 5th Floor

        New
        York, New York 10013

        Attention:
        Raul Orozco

        Fax
        number: (347) 394-0898

         

        with
        a copy to:

         

        Citigroup
        Commercial Mortgage Securities Inc.

        388
        Greenwich Street, 17th Floor

        New
        York, New York 10013

        Attention:
        Ryan M. O’Connor

        Fax
        number: (646) 862-8988

         

        with
        electronic copies e-mailed to:

         

        Richard
        Simpson at richard.simpson@citi.com

        

        

 

    FF-5-4

     

    

 

	 	and

                                                                                Ryan
                                         M. O’Connor at ryan.m.oconnor@citi.com

 

3.       The
B35 Trust is subject to the reporting requirements of the Securities Exchange Act of 1934, as amended.

 

4.       Enclosed
herewith is a copy of an executed version of the B35 PSA.

 

5.       As
of the date hereof, the Controlling Class Representative (as defined in the B35 PSA) under the B35 PSA is LD III Sub VII, LLC.

 

	 	Very
    truly yours,
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

  

    FF-5-5

     

    

 

EXHIBIT
FF-6

 

FORM
OF NOTICE REGARDING OUTSIDE  

SERVICED
MORTGAGE LOAN 

(Gem
Tower) 

 

[Date]

 

	KeyBank
                                         National Association

        11501
        Outlook Street, Suite 300

        Overland
        Park, Kansas 66211

        Attention:
        Michael Tilden

        Email:
        Michael_a_tilden@keybank.com

         

        with
        a copy to:

         

        Polsinelli

        900
        West 48th Place, Suite 900

        Kansas
        City, Missouri 64112

        Attention:
        Kraig Kohring

        Email:
        kkohring@polsinelli.com

        	LNR
                                         Partners, LLC

        2340
        Collins Avenue, Suite 700

        Miami
        Beach, Florida 33139

        Attention:
        Heather Bennett and Job Warshaw

         

        with
        a copy to:

         

        Email:
        hbennett@starwood.com;

        jwarshaw@lnrpartners.com; and

        lnr.cmbs.notices@lnrproperty.com

        
	 	 
	Computershare
                                         Trust Company, N.A.

        9062
        Old Annapolis Road

        Columbia,
        Maryland 21045-1951

        Attention:
        Risk Retention Custody – 

Benchmark 2022-B34

         

        with
        a copy to:

        riskretentioncustody@wellsfargo.com

        	Wilmington
                                         Trust, National Association

        1100
        North Market Street

        Wilmington,
        Delaware 19890

        Attention:
        CMBS Trustee – Benchmark 2022-B34

         

        with
        a copy to:

        Email:
        cmbstrustee@wilmingtontrust.com

        
	 	 
	Park
                                         Bridge Lender Services LLC

        600
        Third Avenue, 40th Floor

        New
        York, New York 10016

        Attention:
        BMARK 2022-B34 – Surveillance Manager

         

        with
        a copy sent contemporaneously via email to: cmbs.notices@parkbridgefinancial.com

        	 

 

		Re:	BMARK
                                         2022-B34 Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates,
                                         Series 2022-B34 

 

Ladies
and Gentlemen:

 

    FF-6-1

     

    

 

Reference
is hereby made to the Pooling and Servicing Agreement, dated as of April 1, 2022 (the “BMARK 2022-B34 PSA”),
among Deutsche Mortgage & Asset Receiving Corporation, as depositor, KeyBank National Association, as master servicer, LNR
Partners, LLC, as special servicer, Wilmington Trust, National Association, as trustee, Computershare Trust Company, N.A., as
certificate administrator, and Park Bridge Lender Services LLC, as operating advisor and as asset representations reviewer. Capitalized
terms used but not defined herein shall have the meanings given to them in the BMARK 2022-B34 PSA.

 

The
undersigned is the certificate administrator under the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “B35
PSA”), between Citigroup Commercial Mortgage Securities Inc., as depositor (the “B35 Depositor”),
KeyBank National Association, as master servicer (in such capacity, the “B35 Master Servicer”) and special
servicer (in such capacity, the “B35 Special Servicer”), Park Bridge Lender Services LLC, as operating advisor
(in such capacity, the “B35 Operating Advisor”) and as asset representations reviewer (in such capacity, the
“B35 Asset Representations Reviewer”), Computershare Trust Company, National Association, as certificate administrator
(in such capacity, the “B35 Certificate Administrator”), and Wilmington Trust, National Association, as trustee
(in such capacity, the “B35 Trustee”), pursuant to which the Benchmark 2022-B35 Mortgage Trust (the “B35
Trust”) was established and a pool of commercial mortgage loans were transferred to the B35 Trust as of May 12, 2022
(the “Closing Date”), including the Companion Loan evidenced by Note A-2 (the “Subject Serviced Companion
Loan”):

 

The
undersigned hereby notifies you that, as of the Closing Date:

 

1.       Wilmington
Trust, National Association, as trustee under the B35 PSA, is the holder of the Subject Serviced Companion Loans. You are directed
to remit to KeyBank National Association, as master servicer under the B35 PSA, all amounts payable to, and to forward, deliver
or otherwise make available, as the case may be, to KeyBank National Association, as master servicer under the B35 PSA, all reports,
statements, documents, communications and other information that are to be forwarded, delivered or otherwise made available to
the Serviced Companion Noteholders with respect to the Subject Serviced Companion Loans under the BMARK 2022-B34 PSA and the related
Intercreditor Agreement, respectively. The wire instructions for KeyBank National Association, as B35 Master Servicer, are as
follows:

 

[INSERT
WIRE INSTRUCTIONS PROVIDED BY KEYBANK NATIONAL ASSOCIATION]

 

2.       The
contact information for the B35 Trustee, the B35 Certificate Administrator, the B35 Master Servicer, the B35 Special Servicer,
the B35 Operating Advisor, the B35 Asset Representations Reviewer and the B35 Depositor with respect to the Subject Serviced Companion
Loan is as follows:

 

    FF-6-2

     

    

 

	B35
    Trustee:	Wilmington
                                         Trust, National Association

        1100
        North Market Street

        Wilmington,
        Delaware 19890

        Attention:
        CMBS Trustee – Benchmark 2022-B35

        Fax
        number: (302) 636-4140

        Email:
        cmbstrustee@wilmingtontrust.com

        
	B35
    Certificate Administrator:	Computershare
                                         Trust Company, National Association

        9062
        Old Annapolis Road

        Columbia,
        Maryland 21045

        Attention:
        Corporate Trust Services – Benchmark 2022-B35

        with
        a copy to:

        cts.cmbs.bond.admin@wellsfargo.com

        trustadministrationgroup@wellsfargo.com 

	B35
    Master Servicer	KeyBank
                                         National Association,

        11501
        Outlook Street, Suite 300

        Overland
        Park, Kansas 66211

        Attention:
        Michael A. Tilden

        Email:
        michael_a_tilden@keybank.com;

        Fax:
        877-379-1625

         

        With
        a copies to:

         

        Polsinelli

        900
        West 48th Place, Suite 900

        Kansas
        City, Missouri 64112

        Attention:
        Kraig Kohring

        Email:
        kkohring@polsinelli.com

        fax
        number (816) 753-1536

        
	B35
    Special Servicer:	KeyBank
                                         National Association,

        11501
        Outlook Street, Suite 300

        Overland Park, Kansas 66211

        Attention: Alan Williams

        Email: keybank_notices@keybank.com

        Fax:
        877-379-1625

         

        With
        a copy to:

         

        Polsinelli

        900
        West 48th Place, Suite 900

        

        

 

    FF-6-3

     

    

 

	 	Kansas
                                         City, Missouri 64112 

Attention:
Kraig Kohring 

Email:
kkohring@polsinelli.com 

fax
number (816) 753-1536 

	B35
    Operating Advisor and B35 Asset Representations Reviewer:	Park
Bridge Lender Services LLC

                                                                                                                                            as
Operating Advisor and as Asset

                                                                                                                                            Representations Reviewer

                                                                                                                                            600 Third Avenue, 40th Floor

        New
        York, New York 10016

        Attention:
        Benchmark 2022-B35— Surveillance Manager

        (with
        a copy sent contemporaneously via

        email
        to cmbs.notices@parkbridgefinancial.com)

        
	B35
    Depositor:	Citigroup
                                         Commercial Mortgage Securities Inc.

        388
        Greenwich Street, 6th Floor

        New
        York, New York 10013

        Attention:
        Richard Simpson

        Fax
        number: (646) 328-2943

         

        with
        a copy to:

         

        Citigroup
        Commercial Mortgage Securities Inc.

        390
        Greenwich Street, 5th Floor

        New
        York, New York 10013

        Attention:
        Raul Orozco

        Fax
        number: (347) 394-0898

         

        with
        a copy to:

         

        Citigroup
        Commercial Mortgage Securities Inc.

        388
        Greenwich Street, 17th Floor

        New
        York, New York 10013

        Attention:
        Ryan M. O’Connor

        Fax
        number: (646) 862-8988

         

        with
        electronic copies e-mailed to:

         

        Richard
        Simpson at richard.simpson@citi.com and

        Ryan M. O’Connor at ryan.m.oconnor@citi.com

        

 

3.       The
B35 Trust is subject to the reporting requirements of the Securities Exchange Act of 1934, as amended.

 

    FF-6-4

     

    

 

4.       Enclosed
herewith is a copy of an executed version of the B35 PSA.

 

5.       As
of the date hereof, the Controlling Class Representative (as defined in the B35 PSA) under the B35 PSA is LD III Sub VII, LLC.

 

	 	Very
    truly yours,
	 	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

 

    FF-6-5

     

    

 

EXHIBIT
GG

 

SPECIFIED
MORTGAGE LOANS

 

	Loan
    No.	Mortgage
    Loan	Reserve
    Type	Amount
	2	The
    Reef	LA
    Country Earnout Reserve	$22,000,000
	 	 
	14	Residence
    Inn Seattle	DS
    Reserve Holdback	$2,900,000
	23	Shoppes
    at Foxmoor	STEM
    Academy doing business	$2,150,000
	34	Holiday
    Inn Express and Suites Uniontown	DS
    Reserve Holdback	$199,756

 

    GG-1

     

    

 

EXHIBIT
HH

 

FORM
OF ASSET REVIEW REPORT BY THE

ASSET REPRESENTATIONS REVIEWER1

 

To:
[Addresses of Recipients]

 

	 	Re:	Benchmark
    2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35

Ladies
and Gentlemen:

 

In
accordance with Section 11.01 of the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing
Agreement”), the undersigned, as asset representations reviewer (the “Asset Representations Reviewer”),
has performed an Asset Review on each Delinquent Loan identified by the Certificate Administrator, and is hereby issuing the following
Asset Review Report.

 

	 	1.	We
    have performed an Asset Review on each Delinquent Loan identified by the Certificate Administrator and our conclusion is that
    there is [no evidence of a failed Test][evidence of [•] failed Tests as specifically detailed on the scorecard attached
    hereto as Exhibit A] with respect to the Delinquent Loans.  

 

	 	2.	A
    conclusion by the Asset Representations Reviewer of a passed Test or a failed Test shall not constitute a determination by
    the Asset Representations Reviewer of (i) the existence or nonexistence of a Material Defect, or (ii) whether the Trust should
    enforce any rights it may have against the applicable Mortgage Loan Seller. In addition, the Tests may not be sufficient to
    determine every instance of noncompliance.

 

	 	3.
	The
                                         Asset Representations Reviewer, other than forwarding this report to the persons listed
                                         above, will not be required to take or participate in any other or further action with
                                         respect to the aforementioned Asset Review Report.

	 	 	 
	 	4.	Capitalized
    words and phrases used herein shall have the respective meanings assigned to them in the Pooling and Servicing Agreement.

 

	 	PARK BRIDGE LENDER SERVICES LLC,
    as Asset Representations Reviewer
	 	 	 
	 	By:	Park Bridge Advisors LLC, a New York limited liability
    company, its sole member
	 	 	 	 
	 	 	By:	Park Bridge Financial LLC, a
New York limited liability company, its sole member

 

		 	By:	 

	 	 	Name:	 

	 	 	Title:	 

   

  1
This report is an indicative report, and the Asset Representations Reviewer will have the ability to modify or alter the
organization and content of this report, subject to compliance with the terms of the Pooling and Servicing Agreement, including
without limitation, provisions relating to Privileged Information.

 

    HH-1

     

    

 

Exhibit
A

 

Detailed
Scorecard

[Template Example Below]

 

	Test
                                         failures

         

	Loan
    #	Loan
    Name	Mortgage
    Loan Seller	R&W
    

    #	R&W
    Name	Test
    Description	Findings
	[Insert
    Loan Number]	[Insert
    Loan Name]	[Insert
    Mortgage Loan Seller]	21	Compliance
    with Usury Laws	[Insert
    Test Description]	[Insert
    Test findings]
	31	Single-Purpose
    Entity	 	 

 

    HH-2

     

    

 

EXHIBIT
II

 

FORM
OF ASSET REVIEW REPORT SUMMARY

BY THE ASSET REPRESENTATIONS REVIEWER1

 

To:
[Addresses of Recipients]

 

	 	Re:	Benchmark
    2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35

 

Ladies
and Gentlemen:

 

In
accordance with Section 11.01 of the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing
Agreement”), the undersigned, as asset representations reviewer (the “Asset Representations Reviewer”),
has performed an Asset Review on each Delinquent Loan identified by the Certificate Administrator, and is hereby issuing the following
Asset Review Report Summary.

 

	 	1.	We
    have performed an Asset Review on each Delinquent Loan identified by the Certificate Administrator and our conclusion is that
    there is [no evidence of a failed Test][evidence of [•] failed Tests as identified on the summary scorecard attached
    hereto as Exhibit A] with respect to the Delinquent Loans.

 

	 	2.	A
    conclusion by the Asset Representations Reviewer of a passed Test or a failed Test shall not constitute a determination by
    the Asset Representations Reviewer of (i) the existence or nonexistence of a Material Defect, or (ii) whether the Trust should
    enforce any rights it may have against the applicable Mortgage Loan Seller. In addition, the Tests may not be sufficient to
    determine every instance of noncompliance.

 

	 	3.	The
    Asset Representations Reviewer, other than forwarding this Asset Review Report Summary to the parties listed above, will not
    be required to take or participate in any other or further action with respect to the aforementioned Asset Review Report Summary.

 

	 	4.	Capitalized
    words and phrases used herein shall have the respective meanings assigned to them in the Pooling and Servicing Agreement.

 

	 	PARK BRIDGE LENDER SERVICES LLC,
    as Asset Representations Reviewer
	 	 	 
	 	By:	Park Bridge Advisors LLC, a New York limited liability
    company, its sole member
	 	 	 	 
	 	 	By:	Park Bridge Financial LLC, a
New York limited liability company, its sole member

 

		 	By:	 

	 	 	Name:	 

	 	 	Title:	 

 

1
This report is an indicative report, and the Asset Representations Reviewer will have the ability to modify or alter the
organization and content of this report, subject to compliance with the terms of the Pooling and Servicing Agreement, including
without limitation, provisions relating to Privileged Information. 

 

    II-1

     

    

 

Exhibit
A

 

Summary
Scorecard

[Template Example Below]

 

	Test
                                         failures

         

	Loan
    #	Loan
    Name	Mortgage
    Loan Seller	Representations

    and Warranty #	Representation
    and Warranty Name
	[Insert
    Loan #]	[Insert
    Loan Name]	[Insert
    Mortgage Loan Seller]	21	Compliance
    with Usury Laws
	31	Single-Purpose
    Entity

    II-2

     

    

 

EXHIBIT
JJ

 

ASSET
REVIEW PROCEDURES 

 

Subject
to the Pooling and Servicing Agreement, this Exhibit sets forth the Asset Representations Reviewer’s review procedures for
Asset Review of each Delinquent Loan. Capitalized terms used herein and not defined herein shall have the meanings ascribed to
them in the Pooling and Servicing Agreement. In the event of any conflict between this Exhibit JJ and the terms of the Pooling
and Servicing Agreement, the Pooling and Servicing Agreement shall control and govern the Asset Representations Reviewer’s
responsibilities and duties with respect to Asset Reviews.

 

Call
for Review and Collection and Inventory of Review Materials

 

Step
1                    The
Asset Representations Reviewer (“ARR”) receives the following items before beginning its review:

 

		■	Notice
                                         of Asset Review Trigger (with attachments)

 

		■	Notice
                                         of Asset Review Vote Election

 

		■	Asset
                                         Review Notice

 

		■	List
                                         of all Delinquent Loans

 

		■	Review
                                         Materials for each Delinquent Loan via Secure Data Room access, including, among other
                                         documents, the Diligence File

 

		■	Any
                                         Unsolicited Information (if applicable)

 

Step
2                    For
each Delinquent Loan, ARR inventories all Review Materials to which ARR is provided access in the Secure Data Room to determine
what, if any, Review Materials for such Delinquent Loan are missing, using the list of documents in the definition of “Mortgage
File” of this Agreement, any comparable lists included in the related Loan Purchase Agreement, and any closing checklist
from the origination of such Delinquent Loan, to guide its review and determination

 

Step
3                    If
ARR determines that the Review Material made available or delivered to it in the Secure Data Room with respect to any Delinquent
Loan is missing any documents required to complete an Asset Review of such Delinquent Loan, ARR shall prepare list of such missing
documents and notify the Master Servicer (with respect to Non-Specially Serviced Loans) or the Special Servicer (with respect
to Specially Serviced Loans) of such missing documents. If any missing documents are not provided by the Master Servicer or the
Special Servicer, as applicable, the ARR shall request such documents from the related Mortgage Loan Seller.

 

    Exhibit JJ-1

     

    

 

Analysis
and Testing of Representations and Warranties

 

Step
4                    For
each Delinquent Loan for which ARR has received all Review Materials required to complete an Asset Review of such Delinquent Loan,
ARR tests such Delinquent Loan for compliance with each representation and warranty made by the related Mortgage Loan Seller with
respect to such Delinquent Loan as follows:

 

		■	ARR
                                         reviews each representation and warranty and each item included in the Review Materials
                                         applicable or related to such representation or warranty to determine whether there is
                                         any evidence that such representation or warranty was not true when made by the related
                                         Mortgage Loan Seller

 

		■	For
                                         each representation and warranty, ARR lists 

 

		●	all
                                         items from the Review Materials reviewed or used in its testing of such representation
                                         and warranty

 

		●	whether
                                         ARR has determined that there is any evidence that such representation or warranty was
                                         not true when made by the related Mortgage Loan Seller, and

 

		○	if
                                         so, stating the aspect of the applicable representation or warranty that does not appear
                                         to have been true when made by the related Mortgage Loan Seller and ARR’s basis
                                         for its conclusion

 

		○	completing
                                         the Asset Review Report by setting forth, for each Delinquent Loan, the information contemplated
                                         herein with respect to each representation and warranty

 

ARR
will not attempt (and has no obligation) to determine the materiality of any potential breach of a representation or warranty
that it discovers evidence of during its review as contemplated herein.

 

    Exhibit JJ-2

     

    

 

EXHIBIT
KK

 

CERTIFICATION
TO CERTIFICATE ADMINISTRATOR REQUESTING ACCESS TO SECURE DATA ROOM

 

Computershare
Trust Company, National Association 

9062
Old Annapolis Road 

Columbia,
Maryland 21045 

Attention:
Corporate Trust Services – Benchmark 2022-B35

 

Attention:              Benchmark
2022-B35 Mortgage Trust, Commercial Mortgage

Pass-Through Certificates, Series 2022-B35 

 

In
accordance with the requirements for obtaining access to the Secure Data Room pursuant to the Pooling and Servicing Agreement,
dated as of May 1, 2022 (the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage Securities
Inc., as Depositor, KeyBank National Association, as Master Servicer and as Special Servicer, Park Bridge Lender Services LLC,
as Operating Advisor and as Asset Representations Reviewer, Computershare Trust Company, National Association, as Certificate
Administrator, and Wilmington Trust, National Association, as Trustee, with respect to the certificates (the “Certificates”),
the undersigned hereby certifies and agrees as follows:

 

		1.	The
                                         undersigned is an authorized representative of [________________________].

 

		2.	The
                                         undersigned acknowledges and agrees that (a) access to the Secure Data Room is being
                                         granted to it solely for purposes of the undersigned carrying out its obligations under
                                         the Pooling and Servicing Agreement, (b) it will not disseminate or otherwise make information
                                         contained on the Secure Data Room available to any other person except in accordance
                                         with the Pooling and Servicing Agreement or otherwise with the written consent of the
                                         Depositor and (c) it will only access information relating to the Mortgage Loans to which
                                         the Asset Review relates.

 

		3.	The
                                         undersigned agrees that each time it accesses the Secure Data Room, the undersigned is
                                         deemed to have recertified that the representations above remains true and correct.

 

    KK-1

     

    

 

		4.	[The
                                         undersigned is not a Certificateholder, a beneficial owner or a prospective purchaser
                                         of any Certificate, an Uncertificated VRR Interest Owner or a prospective purchaser of
                                         the Uncertificated VRR Interest.]1

 

BY
ITS CERTIFICATION HEREOF, the undersigned has made the representations above and shall have caused, or shall be deemed to have
caused its name to be signed hereto by its duly authorized signatory, as of the date certified.

 

	 	[_________________]
	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

    

Dated:
_______ 

 

 

	[Citigroup
                                         Commercial Mortgage Securities Inc. 

as
Depositor]1

	 
	 	 
	By:	 	 
	 	[Name]	 
	 	[Title]	 

  

 

1
Required to the extent that a party other than the Asset Representations Reviewer is identified by the Depositor as needing
access to the Secure Data Room. 

 

    KK-2

     

    

 

EXHIBIT
LL

 

FORM
OF NOTICE OF [ADDITIONAL DELINQUENT LOAN][CESSATION OF DELINQUENT LOAN][CESSATION OF ASSET REVIEW TRIGGER]

 

[Date]

 

	KeyBank
                                         National Association

        As
        Master Servicer and Special Servicer

        11501
        Outlook Street, Suite 300

        Overland Park, Kansas 66211

        Attention: Michael A. Tilden and Alan Williams

        Email: michael_a_tilden@keybank.com; keybank_notices@keybank.com

        Fax:
        877-379-1625

         

        With
        a copies to:

         

        Polsinelli

        900
        West 48th Place, Suite 900

        Kansas
        City, Missouri 64112

        Attention:
        Kraig Kohring

        Email:
        kkohring@polsinelli.com

        fax
        number (816) 753-1536

        	Park
Bridge Lender Services LLC

                                                                     as
Operating Advisor and Asset

                                                                     Representations Reviewer

600 Third Avenue, 40th Floor

        New
        York, New York 10016

        Attention:
        Benchmark 2022-B35— Surveillance Manager

        (with
        a copy sent contemporaneously via

        email
        to cmbs.notices@parkbridgefinancial.com)

        
	 	 

Attention:             Benchmark
2022-B35 Mortgage Trust, Commercial Mortgage

Pass-Through Certificates, Series 2022-B35  

 

In
accordance with Section 11.01(a) of the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Pooling and Servicing
Agreement”), between Citigroup Commercial Mortgage Securities Inc., as Depositor, KeyBank National Association, as Master
Servicer and as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor and as Asset Representations Reviewer,
Computershare Trust Company, National Association, as Certificate Administrator, and Wilmington Trust, National Association, as
Trustee, the Certificate Administrator hereby notifies you that as of [RELATED DISTRIBUTION DATE]:

 

		1.	_____
                                          An additional Mortgage Loan has become a Delinquent Loan.*

 

		2.	_____
                                          A Mortgage Loan has ceased to be a Delinquent Loan.†

 

		3.	_____ An
                                         Asset Review Trigger has ceased to exist.

 

 

*
Each additional Mortgage Loan that has become a Delinquent Loan is identified on Exhibit A hereto. 

†
Each Mortgage Loan that has ceased to be a Delinquent Loan is identified on Exhibit B hereto.

 

    LL-1

     

    

 

(check
all that apply)

 

Capitalized
terms used but not defined herein have the respective meanings given to them in the Pooling and Servicing Agreement.

 

	 	Computershare
Trust Company, National Association, as Certificate Administrator for the Holders of the Benchmark 2022-B35 Mortgage Trust, Commercial
Mortgage Pass-Through Certificates, Series 2022-B35 and the Uncertificated VRR Interest Owner
	 	 
	 	By:	 
	 	 	[Name]
	 	 	[Title]

 

    LL-2

     

    

 

Exhibit
A

 

    LL-3

     

    

 

Exhibit
B

 

    LL-4

     

    

 

EXHIBIT
MM

 

Form
of Certificate Administrator Receipt in Respect of RISK RETENTION Certificates

 

[Date]

 

[Name
and Address of Retaining Party]

 

		Re:	Benchmark
                                         2022-B35 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2022-B35
                                         (Citigroup Commercial Mortgage Securities Inc. as Depositor)  

 

In
accordance with Section 5.02(f) of the Pooling and Servicing Agreement, dated as of May 1, 2022 (the “Agreement”),
pursuant to which the captioned series of commercial mortgage pass-through certificates (the “Certificates”)
were issued, the undersigned, as Certificate Administrator, hereby acknowledges receipt and possession of, and further agrees
that it will hereafter hold in the Retained Interest Safekeeping Account, the Certificates identified on Schedule I attached hereto
(the “Subject Certificates”), which constitute some or all of the VRR Interest, for the benefit of [Name of
Retaining Party], the registered holder of the Subject Certificates, pursuant to the Agreement. Payments on the Subject Certificates
will be made to the registered holder thereof in accordance with the Agreement, including pursuant to any written wiring instructions
provided in accordance with the Agreement.

 

This
receipt is solely for the benefit of the addressee and is non-transferable. Possession of this receipt by any other Person will
not entitle such Person to delivery of, or any rights in respect of, the Subject Certificates. The Subject Certificates are subject
to the restrictions on transfer set forth in, and may not be released from the Retained Interest Safekeeping Account except in
accordance with, the Agreement.

 

Capitalized
terms used but not defined herein shall the respective meanings set forth in the Agreement.

 

	 	Computershare
Trust Company, National Association,

not in its individual capacity

but solely as Certificate Administrator
	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:

  

    MM-1

     

    

 

Schedule
I

 

Certificates
Registered in the Name of [Retaining Party]

 

	Class

                                         (CUSIP) 
	Certificate

                                         No. 
	Initial

                                         Certificate Balance 

	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	 	 

    MM-2

     

    

 

EXHIBIT
NN

 

INITIAL
SERVICED COMPANION LOAN HOLDERS 

 

	Serviced
    Companion Loan	Initial
    Serviced Companion Loan Holder	Address
	The
    Reef	Note
    A-3 and Note A-4	DBR
        Investments Co. Limited

        1
        Columbus Circle

        New
        York, New York 10019

        Attention:
        Robert W. Pettinato, Jr.

        Facsimile
        No.: (212) 797-4489

        E-mail:
        Robert.Pettinato@db.com

         

        with
        a copy to:

         

        DBR
        Investments Co. Limited

        1
        Columbus Circle

        New
        York, New York 10019

        Attention:
        General Counsel

        Facsimile
        No. (646) 736-5721

        
	Shearer’s
    Industrial Portfolio	Note
    A-1-2	Wilmington
                                         Trust, National Association

                                         1100 North Market Street

                                         Wilmington, Delaware 19890

                                         Attention: CMBS Trustee –
                                         Benchmark 2022-B34

                                         with a copy to:

                                         Email: cmbstrustee@wilmingtontrust.com

         

        KeyBank
        National Association

        11501 Outlook Street, Suite 300

        Overland Park, Kansas 66211

        Attention: Michael Tilden 

        Email: Michael_a_tilden@keybank.com

         with
        a copy to:

        Polsinelli

        900 West 48th Place, Suite 900

        Kansas City, Missouri 64112

        Attention: Kraig Kohring

        Email: kkohring@polsinelli.com

        
	Note
    A-2	Wilmington
        Trust, National Association

        1100 North Market Street

        Wilmington, Delaware 19890

        Attention: CMBS Trustee BANK 2022-BNK41

        with
        a copy to:

        CMBSTrustee@wilmingtontrust.com

        Facsimile No.: (302) 636-4140

         

        Wells
        Fargo Bank, National Association

        

 

    NN-1

     

    

 

	 	 	Commercial
                                         Mortgage Servicing

MAC
D1086-23A

550
South Tryon Street, 23rd Floor

Charlotte, North Carolina 28202

Attention: BANK 2022-BNK41 Asset Manager

Facsimile number: (704) 715-0036

Email: commercial.servicing@wellsfargo.com

with
a copy to:

 

K&L
Gates LLP

300
South Tryon Street

Suite
1000

Charlotte,
North Carolina 28202

Attention:
Stacy G. Ackermann

Reference:
BANK 2022-BNK41

 

	Bell
    Works	Note
    A-2 and Note A-3	Citi
        Real Estate Funding Inc.

        390
        Greenwich Street, 6th Floor

        New
        York, New York 10013

        Attention:
        Richard Simpson

        Facsimile
        number: (646) 328-2943

        with
        an electronic copy emailed to: richard.simpson@citi.com

         

        with
        copies to:

         

        Citi
        Real Estate Funding Inc.

        390
        Greenwich Street, 7th Floor

        New
        York, New York 10013

        Attention:
        Raul Orozco

        Facsimile
        number: (347) 394-0898

        with
        an electronic copy emailed to: raul.d.orozco@citi.com

         

        and

         

        Citi
        Real Estate Funding Inc.

        388
        Greenwich Street, 17th Floor

        New
        York, New York 10013

        Attention:
        Ryan M. O’Connor

        Facsimile
        number: (646) 862-8988

        with
        an electronic copy emailed to: ryan.m.oconnor@citi.com

        
	Note
    A-4, Note A-5, Note A-6, Note A-7 and Note A-8	Bank
        of Montreal

        c/o
        BMO Capital Markets Corp.

        151
        West 42nd Street

        New
        York, New York 10036

        Attention:
        Mike Birajiclian and David Schell

        Email:
        Michael.Birajiclian@bmo.com and David.Schell@bmo.com

         

        with
        a copy to: 

        

        

 

    NN-2

     

    

 

	 	 	 

                                                                                                                                                                             Bank
                                         of Montreal

c/o
BMO Capital Markets Corp.

151
West 42nd Street

New
York, New York 10036

Attention:
Legal Department

Email:
BMOCMUSLegal@bmo.com

	Note
    A-9, Note A-10 and Note A-11	Barclays
        Bank PLC

        745
        Seventh Avenue

        New
        York, New York 10019

        Attention:
        Adam Scotto

        Email:
        adam.scotto@barclays.com

        
	2550
    M Street	Note
    A-2	Citi
        Real Estate Funding Inc.

        390
        Greenwich Street, 6th Floor

        New
        York, New York 10013

        Attention:
        Richard Simpson

        Facsimile
        number: (646) 328-2943

        with
        an electronic copy emailed to: richard.simpson@citi.com

         

        with
        copies to:

         

        Citi
        Real Estate Funding Inc.

        390
        Greenwich Street, 7th Floor

        New
        York, New York 10013

        Attention:
        Raul Orozco

        Facsimile
        number: (347) 394-0898

        with
        an electronic copy emailed to: raul.d.orozco@citi.com

         

        and

         

        Citi
        Real Estate Funding Inc.

        388
        Greenwich Street, 17th Floor

        New
        York, New York 10013

        Attention:
        Ryan M. O’Connor

        Facsimile
        number: (646) 862-8988

        with
        an electronic copy emailed to: ryan.m.oconnor@citi.com

         

        
	Nut
    Tree Plaza 	Note
    A-2	Wells
        Fargo Bank, National Association

        30
        Hudson Yards, 15th Floor

        New
        York, New York 10001

        Attention:
        A.J. Sfarra

        Email:
        anthony.sfarra@wellsfargo.com

         

        with
        a copy to:

        Troy
        Stoddard, Esq.

        Senior
        Counsel

        Wells
        Fargo Legal Department

        401
        S. Tryon St., 26th Floor

        MAC
        D1050-272

        Charlotte,
        North Carolina 28202-1911

        Email:
        troy.stoddard@wellsfargo.com

        with
        a copy to (if by email):

        

        

 

    NN-3

     

    

 

	 	 	mike.jewesson@alston.com
        and peter.mckee@alston.com

         

	ExchangeRight
    Net Leased Portfolio #55	Note
    A-1-B	Citi
        Real Estate Funding Inc.

        390
        Greenwich Street, 6th Floor 

        New
        York, New York 10013 

        Attention:
        Richard Simpson 

        Facsimile
        number: (646) 328-2943 

        with
        an electronic copy emailed to: richard.simpson@citi.com

         

        with
        copies to:

         

        Citi
        Real Estate Funding Inc. 

        390
        Greenwich Street, 7th Floor 

        New
        York, New York 10013 

        Attention:
        Raul Orozco 

        Facsimile
        number: (347) 394-0898 

        with
        an electronic copy emailed to: raul.d.orozco@citi.com

         

        and

         

        Citi
        Real Estate Funding Inc. 

        388
        Greenwich Street, 17th Floor 

        New
        York, New York 10013 

        Attention:
        Ryan M. O’Connor 

        Facsimile
        number: (646) 862-8988 

        with
        an electronic copy emailed to: ryan.m.oconnor@citi.com 

	Note
    A-2	Barclays
        Bank PLC 

        745
        Seventh Avenue 

        New
        York, New York 10019 

        Attention:
        Adam Scotto 

        Email:
        adam.scotto@barclays.com

         

  

    NN-4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00345-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00345-of-00352.parquet"}]]