Document:

Exhibit 4.9

 

EXECUTION VERSION

	 

 

West Coast Albertsons Portfolio

 

CO-LENDER AGREEMENT

 

Dated as of October 9, 2018

 

between

 

DEUTSCHE BANK AG, NEW YORK BRANCH

(Note A-1 Holder)

 

and

 

DEUTSCHE BANK AG, NEW YORK BRANCH

(Note A-2 Holder)

 

and

 

DEUTSCHE BANK AG, NEW YORK BRANCH

(Note A-3 Holder)

	 

 

     

     

    

 

TABLE OF CONTENTS

 

	 	 	Page
	 	 	 
	1.	Definitions; Conflicts	2
	2.	Servicing of the Mortgage Loan	13
	3.	Priority of Notes	14
	4.	Workout	15
	5.	Accounts; Payment Procedure	15
	6.	Limitation on Liability	16
	7.	Representations of the Holders	16
	8.	Independent Analyses of each Holder	17
	9.	No Creation of a Partnership or Exclusive Purchase Right	17
	10.	Not a Security	17
	11.	Other Business Activities of the Holders	17
	12.	Transfer of Notes	18
	13.	Exercise of Remedies by the Servicer	20
	14.	Rights of the Directing Holder	22
	15.	Appointment of Special Servicer	23
	16.	Rights of the Non-Directing Holders	23
	17.	Advances; Reimbursement of Advances	24
	18.	Provisions Relating to Securitization	25
	19.	Governing Law; Waiver of Jury Trial	30
	20.	Modifications	31
	21.	Successors and Assigns; Third Party Beneficiaries	31
	22.	Counterparts	31
	23.	Captions	31
	24.	Notices	31
	25.	Custody of Mortgage Loan Documents	31

 

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THIS CO-LENDER AGREEMENT
(the “Agreement”), dated as of October 9, 2018, is between DEUTSCHE BANK AG, NEW YORK BRANCH (“DBNY”),
a branch of Deutsche Bank AG, a German Bank, having an address at 60 Wall Street, 10th Floor, New York, New York 10005,
as the holder of Note A-1, Note A-2 and Note A-3.

 

W I T N E S S E T H:

 

WHEREAS, DBNY has made
a mortgage loan in the original principal amount of $94,000,000 (the “Mortgage Loan”) to CLNC NNN ALBERTS CA,
LLC and CLNC NNN ALBERTS AZ, LLC, each a Delaware limited liability company (collectively, the “Borrower”),
pursuant to a loan agreement between the Borrower, as borrower, and DBNY, as lender, dated as of August 16, 2018, as amended by
that certain First Amendment to Loan Agreement and Omnibus Amendment to Other Loan Documents, dated as of August 16, 2018 (collectively,
the “Loan Agreement”);

 

WHEREAS, the Mortgage
Loan is evidenced by three notes, Promissory Note A-1 in the original principal amount of $45,000,000 (“Note A-1”),
Promissory Note A-2 in the original principal amount of $29,000,000 (“Note A-2”) and Promissory Note A-3 in
the original principal amount of $20,000,000 (“Note A-3”) (individually, each, a “Note” and
collectively the “Notes”);

 

WHEREAS, the Mortgage
Loan is secured by a first mortgage lien (the “Mortgage”) on the properties known as 16900 West Schulte Road,
Tracy, California 95376 and 400 South 99th Avenue, Tolleson, Arizona 85353 (collectively, the “Mortgaged Property”);

 

WHEREAS, DBNY intends,
but is not bound, to sell, transfer and assign its right, title and interest in and to Note A-1 and Note A-3 to German American
Capital Corporation (“GACC”) and GACC intends to transfer its right, title and interest in and to Note A-1 and
Note A-3 to Citigroup Commercial Mortgage Securities Inc. (“CGCMS”), as depositor, pursuant to a Mortgage Loan
Purchase Agreement by and between CGCMS, as purchaser, and GACC as seller, and CGCMS intends to transfer its right, title and interest
in and to Note A-1 and Note A-3 to a trustee, as trustee for the Benchmark 2018-B6 Mortgage Trust under a pooling and servicing
agreement (the “Benchmark 2018-B6 PSA”) (such sales, transfers and assignments, the “Benchmark 2018-B6
Securitization”);

 

WHEREAS, Note A-2 Holder
intends, but is not bound, to sell, transfer and assign all or a portion of its right, title and interest in and to Note A-2 to
an affiliate or to one or more depositors who will in turn transfer the same to one or more trusts as part of the securitization
of one or more mortgage loans; and

 

WHEREAS, the parties
hereto desire to enter into this Agreement to memorialize the terms under which they, and their successors and assigns, shall hold
Note A-1, Note A-2 and Note A-3, respectively;

 

     

     

    

 

NOW, THEREFORE, in consideration
of the mutual covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the parties hereto mutually agree as follows:

 

1.            Definitions; Conflicts. References to a “Section” or the “recitals” are, unless otherwise
specified, to a Section or the recitals of this Agreement. Capitalized terms used but not otherwise defined herein shall have the
meanings ascribed thereto, or terms of substantially similar import, in the Servicing Agreement. To the extent of any inconsistency
between this Agreement and the Servicing Agreement, the terms of this Agreement shall control. Whenever used in this Agreement,
the following terms shall have the respective meanings set forth below unless the context clearly requires otherwise.

 

“Acceptable
Insurance Default” shall have the meaning assigned to such term or analogous term in the Servicing Agreement.

 

“Adjusted Mortgage
Interest Rate” shall have the meaning set forth in the Mortgage Loan Schedule with respect to each of Note A-1, Note
A-2 and Note A-3.

 

“Advance”
shall mean any P&I Advance or Property Advance made with respect to any of the Notes, the Mortgage Loan or the Mortgaged Property
pursuant to the Benchmark 2018-B6 PSA or the Note A-2 PSA.

 

“Affiliate”
shall mean with respect to any specified Person, any other Person Controlling or Controlled by or under common Control with such
specified Person.

 

“Agreement”
shall mean this Co-Lender Agreement, the exhibits and schedules hereto, and all amendments hereof and supplements hereto.

 

“Anticipated
Repayment Date” shall have the meaning set forth in the Mortgage Loan Schedule.

 

“Benchmark
2018-B6 PSA” shall have the meaning assigned to such term in the recitals.

 

“Benchmark
2018-B6 Securitization” shall have the meaning assigned to such term in the recitals.

 

“Benchmark
2018-B6 Trustee” shall mean the trustee under the Benchmark 2018-B6 PSA.

 

“Borrower”
shall have the meaning assigned to such term in the recitals.

 

“Borrower Party”
shall mean the Borrower, a manager of the Mortgaged Property, a restricted mezzanine holder or any Borrower Party Affiliate.

 

“Borrower Party
Affiliate” shall mean with respect to a borrower, a mortgagor, a manager of the Mortgaged Property or a restricted mezzanine
holder, (a) any other person controlling or controlled by or under common Control with such borrower, mortgagor, manager

 

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or restricted
mezzanine holder, as applicable, (b) any other person owning, directly or indirectly, 25% or more of the beneficial interests in
such borrower, mortgagor or manager, as applicable, or (c) any other person owning, directly or indirectly, 25% or more of the
beneficial interests in such restricted mezzanine holder. For the purposes of this definition, (1) “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 and (2) “restricted mezzanine lender” includes “accelerated mezzanine
loan lender” or such other similar term as used in the Servicing Agreement.

 

“Business Day”
shall have the meaning assigned to such term in the Servicing Agreement.

 

“Certificates”
shall mean any securities issued in connection with the Benchmark 2018-B6 Securitization or the Note A-2 Securitization.

 

“CGCMS”
shall have the meaning assigned to such term in the recitals.

 

“CLO Asset
Manager” shall mean, with respect to any Securitization Vehicle that is a CLO, the entity that is responsible for managing
or administering the underlying assets of such Securitization Vehicle or, if applicable, the assets of any Intervening Trust Vehicle
(including, without limitation, the right to exercise any consent and control rights available to the Directing Holder).

 

“Code”
shall mean the Internal Revenue Code of 1986, as amended.

 

“Collection
Account” shall mean the “collection account” or sub-account thereof, established under the Servicing Agreement
for the purpose of servicing the Mortgage Loan.

 

“Consultation
Termination Event” shall have the meaning assigned to such term or an analogous term in the Servicing Agreement.

 

“Control”
shall mean the ownership, directly or indirectly, in the aggregate of more than fifty percent (50%) of the beneficial ownership
interests of an entity and 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 voting power, by contract or otherwise. The terms “controlled
by,” “controlling” and “under common control with” shall have the respective correlative meaning
thereto.

 

“DBNY”
shall mean Deutsche Bank AG, New York Branch and its successors in interest.

 

“DBRS”
shall mean DBRS, Inc. and its successors in interest.

 

“Defaulted
Mortgage Loan” or “Defaulted Loan” or such similar term as used in the Servicing Agreement shall mean
the Mortgage Loan in the event that the Mortgage Loan is delinquent at least 60 days in respect of its Monthly Payments or more
than 60 days in respect of its balloon payment, in either case to be determined without giving effect to any grace period

 

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permitted by the Mortgage Loan Documents and without regard to any acceleration of payments under the Mortgage Loan Documents.

 

“Default Rate”
shall have the meaning set forth in the Mortgage Loan Schedule with respect to each of Note A-1, Note A-2 and Note A-3.

 

“Depositor”
shall mean (i) with respect to the Benchmark 2018-B6 Securitization, CGCMS, and (ii) with respect to the Note A-2 Securitization,
the depositor under the Note A-2 PSA.

 

“Directing
Holder” shall mean the Note A-1 Holder or, if Note A-1 is included in a Securitization, the holders of the Certificates
representing the specified interest in the class of Certificates designated as the “controlling class” or the duly
appointed representative of the holders of such Certificates or such other party that the Note A-1 Holder grants the right to exercise
the rights granted to the Directing Holder in this Agreement; provided, that no Borrower Party shall be entitled to act
as Directing Holder.

 

“Event of Default”
shall mean an “Event of Default” as defined in the Loan Agreement.

 

“Excluded Amounts”
shall mean:

 

(i)         proceeds,
awards or settlements to be applied to the restoration or repair of the Mortgaged Property or released to the Borrower in accordance
with the terms of the Mortgage Loan Documents;

 

(ii)        amounts
required to be deposited in reserve or escrow pursuant to the Mortgage Loan Documents; and

 

(iii)       amounts
that are then due and payable pursuant to the Servicing Agreement to the parties to the Servicing Agreement, including, without
limitation, Servicing Fees, Special Servicing Fees, Liquidation Fees, Workout Fees, as applicable, reimbursement of costs and
expenses, reimbursement of Property Advances and interest thereon at the Reimbursement Rate;

 

but shall not include (A) any amounts
received in respect of any P&I Advances (and interest thereon), (B) any Servicing Fees due to the Master Servicer in excess
of the Servicing Fee calculated at the “primary servicing fee rate” set forth in the Servicing Agreement and (C) any
trustee fees.

 

“Fitch”
shall mean Fitch Ratings, Inc. and its successors in interest.

 

“GACC”
shall mean German American Capital Corporation and its successors in interest.

 

“Holder”
shall mean the Note A-1 Holder, Note A-2 Holder and/or the Note A-3 Holder, as the context indicates.

 

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“Initial Mortgage
Interest Rate” shall have the meaning set forth in the Mortgage Loan Schedule with respect to each of Note A-1, Note
A-2 and Note A-3.

 

“Intervening
Trust Vehicle” shall mean, with respect to any Securitization Vehicle that is a CLO, a trust vehicle or entity which
holds one or more Notes as collateral securing (in whole or in part) any obligation or security held by such Securitization Vehicle
as collateral for the CLO.

 

“KBRA”
shall mean Kroll Bond Rating Agency, Inc. and its successors in interest.

 

“Lead Note”
shall mean Note A-1.

 

“Lead Note
Holder” shall mean the Holder of the Lead Note.

 

“Lead Securitization”
shall mean the Benchmark 2018-B6 Securitization.

 

“Lead Securitization PSA”
shall mean the Benchmark 2018-B6 PSA.

 

“Lead Securitization
Trust” shall mean the trust established under the Lead Securitization PSA.

 

“Lead Servicer”
shall mean the master servicer designated under the Benchmark 2018-B6 PSA.

 

“Liquidation
Proceeds” shall have the meaning assigned to such term or an analogous term in the Servicing Agreement.

 

“Loan Agreement”
shall have the meaning assigned to such term in the recitals.

 

“Major Action”
shall have the meaning assigned to the term “Material Action,” “Major Action,” “Major Decision”
or any equivalent term in the Servicing Agreement.

 

“Master Servicer”
shall mean the master servicer under the Servicing Agreement and any successor thereunder.

 

“Master Servicer
Remittance Date” shall mean:

 

(i)         with
respect to Note A-1, the “Master Servicer Remittance Date” (or analogous term) as defined in the Lead Securitization
PSA; provided, however, that no remittance is required to be made until two Business Days after receipt of properly
identified and available funds constituting the scheduled monthly payment with respect to the Mortgage Loan;

 

(ii)        with
respect to Note A-2, the earlier of (a) the “Master Servicer Remittance Date” (or analogous term) as defined in the
Servicing Agreement or (b) the first Business Day after the “determination date,” as such term or a similar term is
defined in the Note A-2 PSA, as applicable, provided, however, that no

 

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remittance is
required to be made until one Business Day after the scheduled monthly payment date under the Loan Agreement; and

 

(iii)       with
respect to Note A-3, the earlier of (a) the “Master Servicer Remittance Date” (or analogous term) as defined in the
Servicing Agreement or (b) the first Business Day after the “determination date,” as such term or a similar term is
defined in the Note A-3 PSA, as applicable, provided, however, that no remittance is required to be made until one Business Day
after the scheduled monthly payment date under the Loan Agreement.

 

“Maturity Date”
shall have the meaning assigned to such term in Exhibit A.

 

“Monthly Payment”
with respect to any period shall mean all amounts due and payable to any Holder or Holders during such period in accordance with
the Mortgage Loan Documents.

 

“Moody’s”
shall mean Moody’s Investors Service, Inc. and its successors in interest.

 

“Morningstar”
shall mean Morningstar Credit Ratings, LLC and its successors in interest.

 

“Mortgage”
shall have the meaning assigned to such term in the recitals.

 

“Mortgage Interest
Rate” shall mean (i) prior to the Anticipated Repayment Date, the Initial Mortgage Interest Rate set forth in the Mortgage
Loan Schedule with respect to each of Note A-1, Note A-2 and Note A-3 and (ii) on and after the Anticipated Repayment Date, the
Adjusted Mortgage Interest Rate set forth in the Mortgage Loan Schedule with respect to each of Note A-1, Note A-2 and Note A-3.

 

“Mortgage Loan”
shall have the meaning assigned to such term in the recitals.

 

“Mortgage Loan
Documents” shall mean the Mortgage, the Loan Agreement, the Notes, and all other documents evidencing or securing the
Mortgage Loan.

 

“Mortgage Loan
Principal Balance” shall mean, at any date of determination, the aggregate principal balance of the Notes evidencing
the Mortgage Loan.

 

“Mortgage Loan
Schedule” shall mean the schedule in the form attached hereto as Exhibit A, which schedule sets forth certain
information regarding the Mortgage Loan and the Notes.

 

“Mortgaged
Property” shall have the meaning assigned to such term in the recitals.

 

“Non-Directing
Holders” shall mean the Note A-2 Holders and the Note A-3 Holders or if any of Note A-2 or Note A-3 is included in a
Securitization, holders of Certificates representing the specified interest in the class of Certificates designated as the “controlling
class”

 

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or the duly appointed representative of the holders of such Certificates or such other party otherwise entitled under
the Note A-2 PSA or the Note A-3 PSA, as applicable; provided, that if at any time 50% or more of any Note (or class of securities
issued in a Securitization into which such Note has been deposited is designated as the “controlling class”) is held
by (or such other party otherwise assigned the rights to exercise the rights of the “controlling class” under the related
Non-Lead Servicing Agreement is) a Borrower Party, no such Holder or other Person shall be entitled to exercise any rights of a
Non-Directing Holder under this Agreement or the related Non-Lead Servicing Agreement, and there shall be deemed to be no Non-Directing
Holder with respect to such Note. “Non-Lead Master Servicer” shall mean, with respect to any Non-Lead Note,
the “master servicer” under the related PSA (other than the Non-Lead Note that is included in the Lead Securitization).

 

“Non-Lead Note”
shall mean each Note other than the Lead Note.

 

“Non-Lead Note
Holders” shall mean the holders of the Non-Lead Note (other than the Non-Lead Note that is included in the Lead Securitization).

 

“Non-Lead Servicing
Agreements” shall mean the PSA with respect to each Non-Lead Note (other than the Non-Lead Note that is included in the
Lead Securitization).

 

“Nonrecoverable
Advance” shall have the meaning ascribed to such term in the Servicing Agreement.

 

“Note A-1”
shall have the meaning assigned to such term in the recitals.

 

“Note A-1 Holder”
shall mean DBNY or any subsequent holder of Note A-1.

 

“Note A-1 Principal
Balance” shall mean at any time of determination, the initial Note A-1 Principal Balance as set forth in the Mortgage
Loan Schedule less any payments of principal thereon received by the Note A-1 Holder and any reductions in such amount pursuant
to Section 4.

 

“Note A-1 PSA”
shall mean the Benchmark 2018-B6 PSA.

 

“Note A-2”
shall have the meaning assigned to such term in the recitals.

 

“Note A-2 Holder”
shall mean DBNY or any subsequent holder of Note A-2.

 

“Note A-2
Principal Balance” shall mean at any time of determination, the initial Note A-2 Principal Balance as set forth in the
Mortgage Loan Schedule less any payments of principal thereon received by the Note A-2 Holder and any reductions in such amount
pursuant to Section 4.

 

“Note A-2 PSA”
shall mean the pooling and servicing agreement entered into in connection with the Note A-2 Securitization.

 

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“Note A-2
Securitization” shall mean the first sale by the Note A-2 Holder of all or any portion of Note A-2 to a depositor
who will in turn include all or such portion (as applicable) of Note A-2 as part of the securitization of one or more mortgage
loans.

 

“Note A-3”
shall have the meaning assigned to such term in the recitals.

 

“Note A-3 Holder”
shall mean DBNY or any subsequent holder of Note A-3.

 

“Note A-3
Principal Balance” shall mean at any time of determination, the initial Note A-3 Principal Balance as set forth in the
Mortgage Loan Schedule less any payments of principal thereon received by the Note A-3 Holder and any reductions in such amount
pursuant to Section 4.

 

“Note A-3 PSA”
shall mean the Benchmark 2018-B6 PSA.

 

“Notes”
shall have the meaning assigned to such term in the recitals.

 

“P&I Advance”
shall mean an advance made by a party to the Note A-1 PSA, the Note A-2 PSA and/or the Note A-3 PSA, as applicable, with respect
to a delinquent monthly debt service payment on the Notes included in the related Securitization.

 

“Penalty Charges”
shall mean any amounts collected from the Borrower that represent default charges, penalty charges, late fees and/or default interest,
but excluding any yield maintenance charge or prepayment premium.

 

“Permitted
Fund Manager” shall mean any Person (a) listed on Exhibit C attached hereto or (b) that on the date
of determination is (i) a Qualified Transferee or any other nationally-recognized manager of investment funds investing in
debt or equity interests relating to commercial real estate, (ii) investing through one or more funds with committed capital
of at least $250,000,000 and (iii) not subject to a proceeding, whether voluntary or involuntary, relating to the bankruptcy,
insolvency, reorganization or relief of debtors.

 

“Person”
shall mean 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.

 

“Pro Rata and
Pari Passu Basis” shall mean with respect to the Notes and each Holder, (i) for purposes of allocating payments of interest
among the Notes, each Note or Holder, as the case may be, is allocated its respective pro rata share based on the interest accrued
on such Note at the respective Mortgage Interest Rate of such Note based on the outstanding principal balance of the such Note
and (ii) for all other purposes, the allocation of any particular payment, collection, cost, expense, liability or other amount
between such Notes or such Holders, as the case may be, without any priority of any such Note or any such Holder over another Note
or Holder, as the case may be, and in any event such that each Note or Holder, as the case may be, is allocated its respective
pro rata share based on the outstanding principal balance of its Note in relation to the outstanding principal balance of the entire
Mortgage Loan of such particular payment, collection, cost, expense, liability or other amount.

 

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“Property Advance”
shall mean an advance made in respect of property protection expenses or expenses incurred to protect, preserve and enforce the
security for the Mortgage Loan or to pay taxes and assessments or insurance premiums with respect to the Mortgaged Property.

 

“PSA”
shall mean any pooling and servicing agreement or other servicing agreement executed in connection with a Securitization.

 

“Qualified
Servicer” shall mean any nationally recognized commercial mortgage loan servicer (1) rated at least “CSS3,”
in the case of a special servicer, or at least “CMS2,” in the case of a master servicer, by Fitch, (2) on the
S&P Select Servicer List as a U.S. Commercial Mortgage Master Servicer or a U.S. Commercial Mortgage Special Servicer, as applicable,
(3) as to which neither Moody’s nor KBRA has cited servicing concerns of 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) of securities in any CMBS transaction rated by Moody’s or KBRA, as applicable, and serviced
by such servicer prior to the time of determination, (4) a servicer that (i) during the 12-month period prior to the date of determination,
acted as master servicer or special servicer, as applicable, in a commercial mortgage loan securitization rated by Morningstar
and (ii) Morningstar has not qualified, downgraded or withdrawn the then-current rating or ratings of one or more classes of such
certificates citing servicing concerns with the servicer or special servicer, as applicable, as the sole or material factor in
such rating action and (5) in the case of DBRS, that within the twelve (12) month period prior to the date of determination such
servicer was acting as servicer or special servicer, as applicable, in a commercial mortgage loan securitization that was rated
by DBRS and DBRS 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 servicer as servicer or special servicer,
as applicable, of such commercial mortgage securities as a material reason for such downgrade or withdrawal (or placement on watch
status). For purposes of this definition, for so long as any Note is included in a Securitization, the ratings or actions of any
Rating Agency that is not rating any such Securitization(s) shall not be considered.

 

“Qualified
Transferee” shall mean an Affiliate of the Note A-1 Holder, the Note A-2 Holder or the Note A-3 Holder, or one or more
of the following (other than a Borrower Party):

 

(i)         an insurance company, bank, savings and loan association, investment bank, trust company, commercial credit corporation,
pension plan, pension fund, pension fund advisory firm, mutual fund, real estate investment trust or governmental entity or plan;
or

 

(ii)        an investment company, money management firm or a “qualified institutional buyer” within the meaning of Rule
144A under the Securities Act of 1933, as amended, which regularly engages in the business of making or owning investments of types
similar to the Mortgage Loan; or

 

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(iii)       an institution substantially similar to any of the foregoing entities described in clauses (i) or (ii) above; or

 

(iv)       any entity Controlled by or under common Control or Controlling any of the entities described in clauses (i), (ii)
or (iii) above; or

 

(v)        a Qualified Trustee (or, in the case of a CLO, a single purpose bankruptcy-remote entity that contemporaneously pledges
its interest in a Note to a Qualified Trustee) in connection with (A) a securitization of, (B) the creation of collateralized
loan obligations (“CLO”) secured by, or (C) a financing through an “owner trust” of, any interest
in a Note (any of the foregoing, a “Securitization Vehicle”), provided that either (1) one or more
classes of securities issued by such Securitization Vehicle is initially rated at least investment grade by at least two of the
Rating Agencies that also assigned a rating to one or more classes of securities issued in connection with the Securitization of
a Note (and, if DBRS is not one of such Rating Agencies, the special servicer for the Securitization Vehicle is a Qualified Servicer);
(2) the special servicer for the Securitization Vehicle is a Qualified Servicer at the time of transfer; or (3) in the case of
a Securitization Vehicle that is a CLO, the CLO Asset Manager and, if applicable, each Intervening Trust Vehicle that is not administered
and managed by a CLO Asset Manager that is a Qualified Transferee, is a Qualified Transferee under clause (i), (ii), (iii)
or (iv) of this definition; or

 

(vi)       an investment fund, limited liability company, limited partnership or general partnership in which a Permitted Fund Manager
acts as the general partner, managing member, or the fund manager responsible for the day to day management and operation of such
investment vehicle, provided that greater than fifty percent (50%) of the equity interests in such investment vehicle are
owned, directly or indirectly, by one or more entities that are otherwise Qualified Transferees, which, in the case of each of
clauses (i), (ii), and (iii) of this definition, has at least $650,000,000 in total assets (in name or under management) and
(except with respect to a pension advisory firm or similar fiduciary) at least $250,000,000 in capital/statutory surplus or shareholders’
equity, and is regularly engaged in the business of making or owning commercial real estate loans or commercial loans similar to
the Mortgage Loan.

 

“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 then rated in one of the top two rating categories of each of
the Rating Agencies.

 

“Rating Agencies”
shall mean DBRS, Fitch, KBRA, Moody’s, Morningstar and S&P and their respective successors in interest or, if any of
such entities shall for any reason no

 

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longer perform the functions of a securities rating agency, any other nationally recognized
statistical rating agency reasonably designated by any Holder to rate the securities issued in connection with the Securitization
of the related Note; provided, however, that, unless specified otherwise, at any time during which any Note is an
asset of a Securitization, “Rating Agencies” or “Rating Agency” shall mean only those rating
agencies that are engaged by the applicable Depositor from time to time to rate the securities issued in connection with such Securitization.

 

“Rating Agency
Confirmation” shall mean each of the applicable 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, any action that would otherwise require a Rating Agency Confirmation shall require the consent
of the Note A-1 Holder, which consent shall not be unreasonably withheld, conditioned or delayed.

 

For the purposes of
this Agreement, if any Rating Agency (1) waives, declines or refuses, in writing, to review or otherwise engage any request for
a confirmation hereunder from such Rating Agency that a proposed action will not result in a qualification, downgrade or withdrawal
of its then current rating of the securities issued pursuant to the related Securitization, or (2) does not reply to such request
or responds in a manner that indicates that such Rating Agency is neither reviewing such request nor waiving the requirement for
Rating Agency Confirmation and the related timing, notice and other applicable provisions set forth in the Servicing Agreement,
the Benchmark 2018-B6 PSA and the Note A-2 PSA, as applicable, have been satisfied, then for such request only, the condition that
such confirmation by such Rating Agency (only) be obtained will be deemed not to apply for purposes of this Agreement. For purposes
of clarity, any such waiver, declination or refusal to review or otherwise engage in any request for such confirmation hereunder
shall not be deemed a waiver, declination or refusal to review or otherwise engage in any subsequent request for such Rating Agency
Confirmation hereunder and the condition for such Rating Agency Confirmation pursuant to this Agreement for any subsequent request
shall apply regardless of any previous waiver, declination or refusal to review or otherwise engage in such prior request.

 

“Reimbursement
Rate” shall have the meaning assigned to such term or the term “Advance Rate” or an analogous term in the
Servicing Agreement.

 

“REMIC”
shall have the meaning assigned to such term in Section 2(f).

 

“REO Property”
shall mean the Mortgaged Property, title to which has been acquired by the Servicer on behalf of (or other Person designated by)
the Holders through foreclosure, deed in lieu of foreclosure or otherwise.

 

“S&P”
shall mean S&P Global Ratings, a Standard & Poor’s Financial Services LLC business, and its successors in interest.

 

“Securitization”
shall mean the Benchmark 2018-B6 Securitization and the Note A-2 Securitization, and/or any other securitization in which a Note
may be included, as applicable.

 

    -11- 

     

    

 

“Securitization
Trust” shall mean a trust formed pursuant to a Securitization.

 

“Servicer”
shall mean (i) the Master Servicer with respect to a non-Specially Serviced Mortgage Loan and the Special Servicer with respect
to a Specially Serviced Mortgage Loan, or (ii) with respect to a specific function, right or obligation as to which the Servicing
Agreement designates the Master Servicer or the Special Servicer, the party so designated, as applicable, pursuant to the Servicing
Agreement.

 

“Servicing
Agreement” shall mean the Benchmark 2018-B6 PSA; provided that in the event the Lead Note is no longer an asset
of the trust fund created pursuant to the Benchmark 2018-B6 PSA, the term “Servicing Agreement” shall refer to the
subsequent servicing agreement entered into pursuant to Section 2.

 

“Servicing
Fee” shall mean the fee of the Master Servicer pursuant to the terms of the Servicing Agreement, which will generally
be calculated as the product of (i) the Servicing Fee Rate and (ii) the outstanding principal balance of the Mortgage Loan as of
the date of determination.

 

“Servicing
Fee Rate” shall have the meaning applied to such term in the Servicing Agreement, being the rate per annum which, when
applied to the Mortgage Loan Principal Balance (which may be a different rate with respect to each of the Notes), will determine
the servicing fee payable to the Master Servicer under the Servicing Agreement.

 

“Servicing
Standard” shall have the meaning assigned to such term or an analogous term in the Servicing Agreement.

 

“Servicing
Transfer Event” shall mean any of the events specified in the Servicing Agreement, whereby the servicing of the Mortgage
Loan is required to be transferred to the Special Servicer from the Master Servicer.

 

“Special Servicer”
shall mean the special servicer of the Mortgage Loan as appointed under the terms of this Agreement and the Servicing Agreement,
or any successor special servicer appointed as provided thereunder or hereunder.

 

“Special Servicing
Fee” shall have the meaning given to such term in the Servicing Agreement.

 

“Specially
Serviced Mortgage Loan” shall mean the Mortgage Loan during the period it is serviced by the Special Servicer following
a Servicing Transfer Event.

 

“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.

 

“Trustee”
shall mean the trustee under the Note A-1 PSA, the Note A-2 PSA and/or the Note A-3 PSA, as the context indicates.

 

    -12- 

     

    

 

2.            Servicing of the Mortgage Loan. (a) Each Holder acknowledges and agrees that, subject in each case to the specific
terms of this Agreement, the Mortgage Loan shall be serviced by the Master Servicer and the Special Servicer under the Servicing
Agreement in effect at any given time.

 

(b)          Subject to the terms and conditions of this Agreement, each Holder hereby irrevocably and unconditionally consents to the
appointment of the Master Servicer and the Trustee under the Servicing Agreement by the Depositor and the appointment of the Special
Servicer by the Directing Holder and agrees to reasonably cooperate with the Master Servicer and the Special Servicer with respect
to the servicing of the Mortgage Loan in accordance with the Servicing Agreement. Each Holder hereby appoints the Master Servicer,
the Special Servicer and the Trustee under the Servicing Agreement as such Holder’s attorney-in-fact to sign any documents
reasonably required with respect to the administration and servicing of the Mortgage Loan on its behalf under the Servicing Agreement
(subject at all times to the rights of the Holders as set forth herein and in such Servicing Agreement).

 

(c)           If, at any time the Lead Note is no longer in a Securitization, the Note A-1 Holder shall cause the Mortgage Loan to be
serviced pursuant to a servicing agreement that is substantially similar to the Servicing Agreement (and, if any Non-Lead Note
is in a Securitization, a Rating Agency Confirmation from the Rating Agencies that were engaged by the Depositor to rate such Securitization
shall be obtained) and all references herein to the “Servicing Agreement” shall mean such subsequent Servicing
Agreement; provided, however, that until a replacement Servicing Agreement has been entered into (and such Rating
Agency Confirmation has been obtained), the Note A-1 Holder shall cause the Mortgage Loan to be serviced pursuant to the provisions
of the Servicing Agreement as if such agreement was still in full force and effect with respect to the Mortgage Loan; provided,
further, however, that until a replacement Servicing Agreement is in place, the actual servicing of the Mortgage
Loan may be performed by any Qualified Servicer appointed by the Note A-1 Holder and does not have to be performed by the service
providers set forth under the Servicing Agreement that was previously in effect.

 

(d)          Notwithstanding anything to the contrary contained herein (including Sections 4 and 13(a)), each Servicing
Agreement shall provide that the Servicer shall be required to service and administer the Mortgage Loan in accordance with the
Servicing Standard as set forth in such Servicing Agreement, and any Holder who is not a Borrower Party shall be deemed a third-party
beneficiary of such provisions of the Servicing Agreement. It is understood that any Non-Lead Note Holder may separately appoint
a servicer for its Non-Lead Note, by itself or together with other assets, but any such servicer will have no responsibility hereunder
and shall be compensated solely by the applicable Non-Lead Note Holder from funds payable to it hereunder or otherwise.

 

(e)           The Holders acknowledge that the Servicer is to comply with this Agreement, the Servicing Agreement and the Mortgage Loan
Documents in connection with the servicing of the Mortgage Loan. Any conflict between the Servicing Agreement and this Agreement
shall be resolved in favor of this Agreement 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 this Agreement that would cause the Master
Servicer or

 

    -13- 

     

    

 

the Special Servicer, as the case may be, to violate the Servicing Standard or the REMIC Provisions.

 

(f)           If any Note is included as an asset of a real estate mortgage investment conduit (a “REMIC”), within
the meaning of Section 860D(a) of the Code, then, any provision of this Agreement to the contrary notwithstanding: (i) the
Mortgage Loan shall be administered such that the Notes shall qualify at all times as (or as interests in) a “qualified mortgage”
within the meaning of Section 860G(a)(3) of the Code, (ii) any real property (and related personal property) acquired
by or on behalf of the Holders pursuant to a foreclosure, exercise of a power of sale or delivery of a deed in lieu of foreclosure
of the Mortgage or lien on such property following a default on the Mortgage Loan shall be administered so that the interest of
the pro rata share of each Holder therein shall at all times qualify as “foreclosure property” within the meaning
of Section 860G(a)(8) of the Code, and (iii) no Servicer may modify, waive or amend any provision of the Mortgage Loan,
consent to or withhold consent from any action of the Borrower, or exercise or refrain from exercising any powers or rights that
the Holders may have under the Mortgage Loan Documents, if any such action would constitute a “significant modification”
of the Mortgage Loan, within the meaning of Section 1.860G-2(b) of the regulations of the United States Department of the
Treasury, more than three (3) months after the startup day of the REMIC that includes any Note (or any portion thereof). Each Holder
agrees that the provisions of this paragraph shall be effected by compliance with any REMIC provisions in the Servicing Agreement
relating to the administration of the Mortgage Loan.

 

(g)          In the event that one of the Notes is included in a REMIC, the other Holders shall not be required to reimburse such Holder
or any other Person for payment of any taxes imposed on such REMIC or Advances therefor or for any interest on such Advance or
for deficits in other items of disbursement or income resulting from the use of funds for payment of any such taxes, nor shall
any disbursement or payment otherwise distributable to the other Holders be reduced to offset or make-up any such payment or deficit.

 

3.            Priority of Notes. Note A-1, Note A-2 and Note A-3 shall be of equal priority, and no portion of any of Note A-1,
Note A-2 or Note A-3 shall have priority or preference over any portion of the other Note or security therefor. Except for the
Excluded Amounts, all amounts tendered by the Borrower or otherwise available for payment on the Mortgage Loan, whether received
in the form of Monthly Payments, a balloon payment, Liquidation Proceeds, proceeds under any guaranty, letter of credit or other
instrument serving as security on the Mortgage Loan, proceeds under title, hazard or other insurance policies or awards or settlements
in respect of condemnation proceedings or similar exercise of the power of eminent domain shall be distributed by the Master Servicer
and applied to Note A-1, Note A-2 and Note A-3 on a Pro Rata and Pari Passu Basis.

 

The Servicing Agreement
may provide for the application of Penalty Charges paid in respect of the Mortgage Loan to be used to (i) pay the Master Servicer,
the Trustee or the Special Servicer for interest accrued on any Property Advances, (ii) to pay the parties to any Securitization
for interest accrued on any P&I Advance, (iii) to pay certain other expenses incurred with respect to the Mortgage Loan
and (iv) to pay to the Master Servicer and/or the Special Servicer as additional servicing compensation, except that, for
so long as Note A-2 is not included in a Securitization, any Penalty Charges allocated to any Note that is not included in a

 

    -14- 

     

    

 

Securitization
that are not applied pursuant to clauses (i)-(iii) above shall be remitted to the respective Holder and shall not be paid to the
Master Servicer and/or the Special Servicer without the express consent of such Holder.

 

4.            Workout. Notwithstanding anything to the contrary contained herein, but subject to the terms and conditions of the
Servicing Agreement and Section 13 of this Agreement, and the obligation to act in accordance with the Servicing Standard,
if the Lead Note Holder, or any Servicer, in connection with a workout or proposed workout of the Mortgage Loan, modifies the terms
thereof such that (i) the Mortgage Loan Principal Balance is decreased, (ii) the Mortgage Interest Rate is reduced, (iii) payments
of interest or principal on Note A-1, Note A-2 or Note A-3 are waived, reduced or deferred or (iv) any other adjustment is
made to any of the payment terms of the Mortgage Loan, such modification shall not alter, and any modification of the Mortgage
Loan Documents shall be structured to preserve, the equal priorities of Note A-1, Note A-2 and Note A-3, as described in Section 3.

 

5.            Accounts; Payment Procedure. The Servicing Agreement shall provide that the Master Servicer shall establish and maintain
the Collection Account or Collection Accounts, as applicable. Each of the Note A-1 Holder, Note A-2 and Note A-3 Holder hereby
directs the Master Servicer, in accordance with the priorities set forth in Section 3 hereof, and subject to the terms
of the Servicing Agreement, (i) to deposit into the applicable Collection Account within the time period specified in the Servicing
Agreement all payments received with respect to the Mortgage Loan and (ii) to remit from the applicable Collection Account for
deposit or credit on the applicable Master Servicer Remittance Date all payments received with respect to and allocable to Note
A-1, Note A-2 and Note A-3 respectively; provided that delinquent payments received by the Master Servicer after the related
Master Servicer Remittance Date shall be remitted by the Master Servicer to such accounts within the time period specified in the
Servicing Agreement.

 

If any Servicer holding
or having distributed any amount received or collected in respect of Note A-1, Note A-2 or Note A-3 determines, or a court of competent
jurisdiction orders, at any time that any amount received or collected in respect of Note A-1, Note A-2 or Note A-3 must, pursuant
to any insolvency, bankruptcy, fraudulent conveyance, preference or similar law, be returned to the Borrower or paid to the Note
A-1 Holder, Note A-2 Holder or Note A-3 Holder, any Servicer or paid to any other Person, then, notwithstanding any other provision
of this Agreement, no Servicer shall be required to distribute any portion thereof to the Note A-1 Holder, the Note A-2 Holder
or Note A-3 Holder, as applicable, and the Note A-1 Holder, Note A-2 Holder or the Note A-3 Holder, as applicable, shall promptly
on demand repay to such Servicer the portion thereof which shall have been theretofore distributed to the Note A-1 Holder, the
Note A-2 Holder or Note A-3 Holder, as applicable, together with interest thereon at such rate, if any, as such Servicer shall
have been required to pay to the Borrower, the Note A-1 Holder, the Note A-2 Holder, the Note A-3 Holder, any Servicer or such
other person or entity with respect thereto. Each of the Note A-1 Holder, the Note A-2 Holder and Note A-3 Holder agrees that if
at any time it shall receive from any sources whatsoever any payment on account of the Mortgage Loan in excess of its distributable
share thereof, it will promptly remit such excess to the Master Servicer. The Master Servicer shall have the right to offset any
amounts due hereunder from the Note A-1 Holder, the Note A-2 Holder or Note A-3 Holder, as applicable,

 

    -15- 

     

    

 

with respect to the Mortgage
Loan against any future payments due to the Note A-1 Holder, the Note A-2 Holder or Note A-3 Holder, as applicable, under the Mortgage
Loan, provided, that the obligations of the Note A-1 Holder, the Note A-2 Holder and the Note A-3 Holder, under this Section 5
are separate and distinct obligations from one another and in no event shall any Servicer enforce the obligations of any Holder
against any other Holder. The obligations of the Note A-1 Holder, the Note A-2 Holder and the Note A-3 Holder, under this Section 5
constitute absolute, unconditional and continuing obligations and each Servicer shall be deemed a third-party beneficiary of these
provisions.

 

6.            Limitation on Liability. Subject to the terms of the Servicing Agreement, no Holder (including the Master Servicer
or the Special Servicer on its behalf) shall have any liability to any other Holder with respect to any Note, except (1) with
respect to the Advance reimbursement provisions set forth in Section 17 and (2) with respect to losses actually
suffered due to the gross negligence, willful misconduct or material breach of this Agreement on the part of such Holder (including
the Master Servicer or the Special Servicer on its behalf, except that the Master Servicer’s or Special Servicer’s
liability may be further limited or expanded as set forth in the Servicing Agreement).

 

7.            Representations of the Holders. (a) Each of the Holders hereby represents and warrants to, and covenants with
each other Holder that, as of the date hereof:

 

(i)            It is duly organized, validly existing and in good standing under the laws of the State under which it is organized.

 

(ii)          The execution and delivery of this Agreement by such Holder, and performance of, and compliance with, the terms of this
Agreement by such Holder, will not violate its organizational documents 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 that is applicable to it or any of its assets, in each case which materially and adversely affect its
ability to carry out the transactions contemplated by this Agreement.

 

(iii)          Such Holder 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 is the legal, valid and binding obligation of such Holder enforceable against such Holder in accordance with
its terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws
affecting the enforcement of creditors’ rights generally, and by general principles of equity (regardless of whether such
enforceability is considered in a proceeding in equity or at law), and except that the enforcement of rights with respect to indemnification
and contribution obligations may be limited by applicable law.

 

(v)          It has the right to enter into this Agreement without the consent of any third party.

 

    -16- 

     

    

 

(vi)          It is the holder of the respective Note for its own account in the ordinary course of its business.

 

(vii)         It has not dealt with any broker, investment banker, agent or other person, that may be entitled to any commission or compensation
in connection with the consummation of any of the transactions contemplated hereby.

 

(viii)        It is a Qualified Transferee.

 

8.             Independent Analyses of each Holder. Each Holder acknowledges that, except for the representations made in Section 7,
it has, independently and without reliance upon any other Holders and based on such documents and information as such Holder has
deemed appropriate, made its own credit analysis and decision to purchase its respective Note. Each Holder hereby acknowledges
that the other Holders shall have no responsibility for (i) the collectability of the Mortgage Loan, (ii) the validity,
enforceability or legal effect of any of the Mortgage Loan Documents or the title insurance policy or policies or any survey furnished
or to be furnished in connection with the origination of the Mortgage Loan, (iii) the validity, sufficiency or effectiveness
of the lien created or to be created by the Mortgage Loan Documents, or (iv) the financial condition of the Borrower. Each
Holder assumes all risk of loss in connection with its respective Note for reasons other than gross negligence, willful misconduct
or breach of this Agreement by any other Holder or gross negligence, willful misconduct or bad faith by any Servicer, subject to
the terms of the Servicing Agreement (pursuant to which the liability of the Servicers may be further limited or expanded as set
forth therein).

 

9.             No Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken
pursuant hereto, shall be deemed to constitute among any Holder (or the Master Servicer, Special Servicer or Trustee on its behalf)
and any other Holder a partnership, association, joint venture or other entity. Each Holder (or the Master Servicer, Special Servicer
or Trustee on its behalf) shall have no obligation whatsoever to offer to the other Holders the opportunity to purchase notes or
interests relating to any future loans originated by such Holder or any of its Affiliates, and if any Holder chooses to offer to
any of the other Holders, the opportunity to purchase notes or interests in any future mortgage loans originated by such Holder
or its Affiliates, such offer shall be at such purchase price and interest rate as such Holder chooses, in its sole and absolute
discretion. None of the Holders shall have any obligation whatsoever to purchase from any other Holder any notes or interests in
any future loans originated by any other Holder or any of its Affiliates.

 

10.           Not a Security. None of Note A-1, Note A-2 or Note A-3 shall be deemed to be a security within the meaning of the
Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.

 

11.           Other Business Activities of the Holders. Each Holder acknowledges that the other Holders may make loans or otherwise
extend credit to, and generally engage in any kind of business with, any Borrower Party, and receive payments on such other loans
or extensions of credit to any Borrower Party and otherwise act with respect thereto freely and

 

    -17- 

     

    

 

without accountability, but only
if none of the foregoing violate the Mortgage Loan Documents, in the same manner as if this Agreement and the transactions contemplated
hereby were not in effect.

 

12.          Transfer of Notes. (a) Each Holder may Transfer up to 49% (in the aggregate) of its beneficial interest in its
Note whether or not the related transferee is a Qualified Transferee without a Rating Agency Confirmation. Each Holder agrees it
shall not Transfer more than 49% (in the aggregate) of its beneficial interest in its Note, except to a Qualified Transferee, unless
(i) prior to a Securitization of any Note, the other Holders have consented to such Transfer, in which case the related transferee
(and its Affiliates) shall thereafter be deemed to be a “Qualified Transferee” for all purposes under this Agreement,
(ii) after a Securitization of any Note, a Rating Agency Confirmation has been received with respect to such Transfer, in
which case the related transferee shall thereafter be deemed to be a “Qualified Transferee” for all purposes
under this Agreement, or (iii) such Transfer is in connection with a sale by a Securitization Trust; provided that if such
Transfer is a Transfer of the Lead Note, such Transfer is to a Qualified Transferee. With respect to any Transfers pursuant to
(i) or (ii) above (except with respect to a Transfer to a Securitization Trust) such transferee must (x) assume in writing the
obligations of the transferring Holder hereunder and agree to be bound by the terms and provisions of this Agreement and, if applicable,
the Servicing Agreement and (y) remake each of the representations and warranties contained herein for the benefit of the other
Holders. Notwithstanding the foregoing, without the non-transferring Holder’s prior consent (which will not be unreasonably
withheld), and, if such non-transferring Holder’s Note is in a Securitization, without a Rating Agency Confirmation from
each Rating Agency that has been engaged by the Depositor to rate the securities issued in connection with such Securitization,
no Holder shall Transfer all or any portion of its Note to a Borrower Party and any such Transfer shall be absolutely null and
void and shall vest no rights in the purported transferee.

 

(b)          Except for a Transfer made in connection with a Securitization, or a Transfer made by a Holder to an Affiliate, at least
five (5) days prior to a transfer of any Note, the transferring Holder shall provide to the other Holders and, if any Certificates
are outstanding, to the Rating Agencies, a certification that such transfer will be made in accordance with this Section 12,
such certification to include (1) the name and contact information of the transferee and (2) if applicable, a certification
by the transferee that it is a Qualified Transferee.

 

(c)          The Holders acknowledge and agree that, to the extent Rating Agency Confirmation is specifically required, 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 the transferring Holder customary fees in connection with providing such Rating Agency Confirmation.

 

(d)           Notwithstanding anything to the contrary contained herein, each Holder may pledge or transfer (a “Pledge”)
its Note to any entity (other than any Borrower Party) that has extended a credit facility to such Holder or has entered into a
repurchase agreement with such Holder and that, in each case, is either a Qualified Transferee or a financial institution whose
long-term unsecured debt is rated at least “A” (or the equivalent) or better by each Rating Agency (a “Note
Pledgee”), or to a Person with respect to which a Rating Agency Confirmation has been obtained, on terms and conditions
set forth in this Section 12(d), it being further agreed

 

    -18- 

     

    

 

that a financing provided by a Note Pledgee to any Holder
or any Affiliate that controls such Holder that is secured by such Holder’s interest in its respective Note and is structured
as a repurchase arrangement, shall qualify as a “Pledge” hereunder on the condition that all applicable terms and conditions
of this Section 12 are complied with. A Note Pledgee that is not a Qualified Transferee may not take title to a Note
without a Rating Agency Confirmation. Upon written notice, if any, by the pledging Holder to the other Holders and the Servicer
that a Pledge has been effected (including the name and address of the applicable Note Pledgee), the other Holders agree to acknowledge
receipt of such notice and thereafter agree: (i) to give such Note Pledgee written notice of any default by the pledging Holder
in respect of its obligations under this Agreement of which default such Holder has actual knowledge and which notice shall be
given simultaneously with the giving of such notice to the pledging Holder; (ii) to allow such Note Pledgee a period of ten
(10) Business Days to cure a default by the pledging Holder in respect of its obligations to the other Holders hereunder, but such
Note Pledgee shall not be obligated to cure any such default; (iii) that no amendment, modification, waiver or termination
of this Agreement or the Servicing Agreement (if the pledging Holder had the right to consent to such amendment, modification,
waiver or termination pursuant to the terms hereof) shall be effective against such Note Pledgee without the written consent of
such Note Pledgee, which consent shall not be unreasonably withheld, conditioned or delayed and which consent shall be deemed to
be given if Note Pledgee shall fail to respond to any request for consent to any such amendment, modification, waiver or termination
within 10 days after request therefor; (iv) that the other Holders shall accept any cure by such Note Pledgee of any default
of the pledging Holder which such pledging Holder has the right to effect hereunder, as if such cure were made by such pledging
Holder; (v) that the other Holders or Servicer shall deliver to Note Pledgee such estoppel certificate(s) as Note Pledgee
shall reasonably request, provided that any such certificate(s) shall be in a form reasonably satisfactory to the other
Holders; and (vi) that, upon written notice (a “Redirection Notice”) to the Servicer by such Note Pledgee
that the pledging Holder is in default beyond any applicable cure periods with respect to the pledging Holder’s obligations
to such Note Pledgee pursuant to the applicable credit agreement or other agreements relating to the Pledge between the pledging
Holder and such Note Pledgee (which notice need not be joined in or confirmed by the pledging Holder), and until such Redirection
Notice is withdrawn or rescinded by such Note Pledgee, Note Pledgee (or at any time that pledging Holder otherwise directs that
such payment be made to Note Pledgee pursuant to a separate notice) shall be entitled to receive any payments that any Servicer
would otherwise be obligated to make to the pledging Holder from time to time pursuant to this Agreement or any Servicing Agreement.
Any pledging Holder hereby unconditionally and absolutely releases the other Holders and any Servicer from any liability to the
pledging Holder on account of any Holder’s or Servicer’s compliance with any Redirection Notice believed by any Servicer
or other Holders in good faith to have been delivered by a Note Pledgee. Note Pledgee shall be permitted to exercise fully its
rights and remedies against the pledging Holder (and accept an assignment in lieu of foreclosure as to such collateral), in accordance
with applicable law, the pledge agreement, repurchase agreement or similar agreement between the pledging Holder and the Note Pledgee
and this Agreement. In such event, or if the pledging holder otherwise assigns its interests to the Note Pledgee, the other Holders
and the Servicer shall recognize such Note Pledgee (and any transferee (other than any Borrower Party) that is also a Qualified
Transferee at any foreclosure or similar sale held by such Note Pledgee or any transfer in lieu of foreclosure), and such Person’s
successor and assigns, as the successor to the pledging Holder’s rights, remedies and

 

    -19- 

     

    

 

obligations under this Agreement, and
any such Note Pledgee or Qualified Transferee shall assume in writing the obligations of the pledging Holder hereunder accruing
from and after such Transfer (i.e., realization upon the collateral by such Note Pledgee) and agrees to be bound by the terms and
provisions of this Agreement. The rights of a Note Pledgee under this Section 12(d) shall remain effective as to any
Holder (and any Servicer) unless and until such Note Pledgee shall have notified such Holder (and any Servicer, as applicable)
in writing that its interest in the pledged Note has terminated.

 

13.           Exercise of Remedies by the Servicer. (a) Subject to the terms of this Agreement and the Servicing Agreement
and subject to the rights and consents, where required, of the Directing Holder, the Servicer shall have the sole and exclusive
authority with respect to the administration of, and exercise of rights and remedies with respect to, the Mortgage Loan, including,
without limitation, the sole and exclusive authority to (i) modify or waive any of the terms of the Mortgage Loan Documents,
(ii) consent to any action or failure to act by the Borrower or any party to the Mortgage Loan Documents, (iii) vote
all claims with respect to the Mortgage Loan in any bankruptcy, insolvency or other similar proceedings and (iv) to take legal
action to enforce or protect the Holders’ interests with respect to the Mortgage Loan or to refrain from exercising any powers
or rights under the Mortgage Loan Documents, including the right at any time to call or waive any Events of Default, or accelerate
or refrain from accelerating the Mortgage Loan or institute any foreclosure action, and the Holders shall have no voting, consent
or other rights whatsoever with respect to the Servicer’s administration of, or exercise of its rights and remedies with
respect to, the Mortgage Loan other than as provided in the Servicing Agreement. Subject to the terms and conditions of the Servicing
Agreement, the Servicer shall have the sole and exclusive authority to make Property Advances with respect to the Mortgage Loan.
Except as otherwise provided in this Agreement, each Holder agrees that it shall have no right to, and hereby presently and irrevocably
assigns and conveys to the Servicer the rights, if any, that such Holder has to (A) call or cause the Servicer to call an
Event of Default under the Mortgage Loan, or (B) exercise any remedies with respect to the Mortgage Loan or the Borrower,
including, without limitation, filing or causing the Lead Note Holder or such Servicer to file any bankruptcy petition against
the Borrower. Each Holder shall, from time to time, execute such documents as any Servicer shall reasonably require to evidence
such assignment with respect to the rights described in clause (iii) of the first sentence in this Section 13(a).

 

(b)          The Lead Servicer and the related Trustee shall not have any fiduciary duty to the Non-Lead Note Holders in connection with
the administration of the Mortgage Loan (but the foregoing shall not relieve the Lead Servicer and the related Trustee from their
respective obligation under the Servicing Agreement to make any disbursement of funds as set forth herein).

 

(c)          The Holders hereby acknowledge and agree that the Servicing Agreement shall provide that, subject to the satisfaction of
the conditions set forth in the next sentence, upon the Mortgage Loan becoming a Defaulted Mortgage Loan, if the Special Servicer
determines to sell the Defaulted Mortgage Loan (or the Lead Note), it will be required to sell the entire Defaulted Mortgage Loan
as a single whole loan (i.e., both the Lead Note and Non-Lead Notes). Any such sale of the entire Defaulted Mortgage Loan is subject
to the satisfaction of the following:

 

    -20- 

     

    

 

(i)            Each Non-Lead Note Holder has provided written consent to such sale; or

 

(ii)           The Special Servicer has delivered the following notices and information to each Non-Lead Note Holder:

 

(1)        at
least 15 Business Days prior written notice of any decision to attempt to sell the Defaulted Mortgage Loan;

 

(2)        at
least 10 days prior to the proposed sale date, a copy of each bid package (together with any amendments to such bid packages)
received by the Special Servicer in connection with any such proposed sale;

 

(3)        at
least 10 days prior to the proposed sale date, a copy of the most recent Appraisal for the Mortgage Loan, and any documents in
the Servicing File requested by a Non-Lead Note Holder; and

 

(4)        until
the sale is completed and a reasonable period of time (but no less time than is afforded to other offerors and the Directing Holder)
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.

 

Any Non-Lead Note Holder
may waive any delivery or timing requirements set forth above only for itself. Subject to the foregoing, each of the Lead Note
Holder, the Directing Holder, the Non-Lead Note Holders and the Non-Directing Holders shall be permitted to submit an offer at
any sale of the Defaulted Mortgage Loan (unless such Person is a Borrower Party).

 

The Non-Lead Note Holders
hereby appoint the Lead Note Holder as their agent, and grant to the Lead Note Holder an irrevocable power of attorney coupled
with an interest, and its proxy, for the purpose of soliciting and accepting offers for and consummating the sale of the Non-Lead
Notes. Each Non-Lead Note Holder further agrees that, upon the request of the Lead Note Holder, such Non-Lead Note Holders shall
execute and deliver to or at the direction of Lead Note Holder such powers of attorney or other instruments as the Lead Note Holder
may reasonably request to better assure and evidence the foregoing appointment and grant, in each case promptly following such
request, and shall deliver the related original Non-Lead Note, endorsed in blank, to or at the direction of the Lead Note Holder
in connection with the consummation of any such sale.

 

(d)           Notwithstanding anything to the contrary contained herein, the exercise by the Servicer on behalf of the Holders of its
rights under this Section 13 shall be subject in all respects to any section of the Servicing Agreement governing REMIC
administration, and in no event shall the Servicer be permitted to take any action or refrain from taking any action if taking
or failing to take such action, as the case may be, would violate the laws of any applicable jurisdiction, breach the Mortgage
Loan Documents or be inconsistent with the Servicing Standard or violate any other provisions of the Servicing Agreement or violate
the REMIC

 

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provisions of the Code or any regulations promulgated thereunder, including, without limitation, the provisions of Section
2(f) of this Agreement.

 

14.           Rights of the Directing Holder. (a) The Directing Holder shall be entitled to exercise the rights and powers granted
to the Directing Holder hereunder and the rights and powers granted to the “Directing Holder,” “Controlling Class
Certificateholder,” “Controlling Class Representative” or similar party under, and as defined in, the Servicing
Agreement with respect to the Mortgage Loan. In addition, the Directing Holder shall be entitled to advise (1) the Special
Servicer with respect to all matters related to a Specially Serviced Mortgage Loan and (2) the Special Servicer with respect
to all matters for which the Master Servicer must obtain the consent or deemed consent of the Special Servicer, and, except as
set forth below (i) the Master Servicer shall not be permitted to take any Major Action unless it has obtained the prior written
consent of the Special Servicer and (ii) the Special Servicer shall not be permitted to consent to the Master Servicer’s
taking any Major Action nor will the Special Servicer itself be permitted to take any Major Action as to which the Directing Holder
has objected in writing within ten (10) Business Days (or 30 days with respect to an Acceptable Insurance Default) after receipt
of the written recommendation and analysis and such additional information requested by the Directing Holder as may be necessary
in the reasonable judgment of the Directing Holder in order to make a judgment with respect to such Major Action. The Directing
Holder may also direct the Special Servicer to take, or to refrain from taking, such other actions with respect to the Mortgage
Loan as the Directing Holder may deem advisable, subject to the terms of the Servicing Agreement.

 

(b)           If
the Directing Holder fails to notify the Special Servicer of its approval or disapproval of any proposed Major Action within ten
(10) Business Days (or 30 days with respect to an Acceptable Insurance Default) after delivery to the Directing Holder by the applicable
Servicer of written notice of a proposed Major Action together with any information requested by the Directing Holder as may be
necessary in the reasonable judgment of the Directing Holder in order to make a judgment, then upon the expiration of such ten
(10) Business Day (or 30 days with respect to an Acceptable Insurance Default) period, such Major Action shall be deemed to have
been approved by the Directing Holder.

 

(c)           In
the event that the Special Servicer or Master Servicer (in the event the Master Servicer is otherwise authorized by the Servicing
Agreement to take such action), as applicable, determines that immediate action, with respect to the foregoing matters, or any
other matter requiring consent of the Directing Holder is necessary to protect the interests of the Holders (as a collective whole)
and the Special Servicer has made a reasonable effort to contact the Directing Holder, the Master Servicer or the Special Servicer,
as the case may be, may take any such action without waiting for the Directing Holder’s response.

 

(d)           No
objection, direction or advice contemplated by the preceding paragraphs may require or cause the Master Servicer or the Special
Servicer, as applicable, to violate any provision of the Mortgage Loan Documents, applicable law, the Servicing Agreement, this
Agreement, the REMIC provisions of the Code or the Master Servicer or Special Servicer’s obligation to act in accordance
with the Servicing Standard or expose the Master Servicer or the Special Servicer to liability, or materially expand the scope
of the Master Servicer’s or the Special Servicer’s responsibilities under the Servicing Agreement.

 

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(e)           The
Directing Holder shall have no liability to the other Holders or any other Person for any action taken, or for refraining from
the taking of any action or the giving of any consent or the failure to give any consent pursuant to this Agreement or the Servicing
Agreement, or errors in judgment, absent any loss, liability or expense incurred by reason of its willful misfeasance, bad faith
or gross negligence. The Holders agree that the Directing Holder may take or refrain from taking actions, or give or refrain from
giving consents, that favor the interests of one Holder over the other Holder, and that the Directing Holder may have special relationships
and interests that conflict with the interests of another Holder and, absent willful misfeasance, bad faith or gross negligence
on the part of the Directing Holder agree to take no action against the Directing Holder or any of its officers, directors, employees,
principals or agents as a result of such special relationships or interests, and that the Directing Holder will not be deemed to
have been grossly negligent or reckless, or to have acted in bad faith or engaged in willful misfeasance or to have recklessly
disregarded any exercise of its rights by reason of its having acted or refrained from acting, or having given any consent or having
failed to give any consent, solely in the interests of any Holder.

 

15.          Appointment of Special Servicer. Subject to the terms of the Servicing Agreement, the Directing Holder shall have
the right at any time and from time to time, with or without cause, to replace the Special Servicer then acting with respect to
the Mortgage Loan and appoint a Qualified Servicer as the replacement Special Servicer in lieu thereof. The Directing Holder shall
designate a Person to serve as Special Servicer by delivering to the other Holders (including, to the extent a Note is included
in a Securitization, the parties to the related PSA) a written notice stating such designation and by satisfying the other conditions
required under the Servicing Agreement (including, without limitation, a Rating Agency Confirmation, if required by the terms of
the Servicing Agreement), if any.

 

16.          Rights of the Non-Directing Holders. (a) The Servicing Agreement shall provide that the Servicer shall be required:

 

(i)          
to provide copies of the same notices, information and reports that it is required to provide to the Directing Holder pursuant
to the Servicing Agreement with respect to any Major Actions or the implementation of any recommended actions outlined in an Asset
Status Report relating to the Mortgage Loan to the Non-Directing Holders (but without regard to whether or not the Directing Holder
actually has lost any rights to receive such information as a result of a Consultation Termination Event), within the same time
frame as specified with respect to the Directing Holder (but without regard to whether or not the Directing Holder actually has
lost any rights to receive such information as a result of a Consultation Termination Event), provided, however,
that if a Non-Lead Note has been included in a Securitization, then for any information for which the Special Servicer would be
required to provide to such Non-Directing Holder, the Special Servicer shall provide such notice to the master servicer of the
other Securitization, who shall forward such notice as and when required under the terms of the related Securitization documents;
and

 

(ii)          
to consult with each Non-Directing Holder on a strictly non-binding basis, if, having received such notices, information
and reports, such Non-Directing Holder

 

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requests consultation with respect to any such Major Action or the implementation of any
recommended actions outlined in an Asset Status Report relating to the Mortgage Loan, and consider alternative actions recommended
by such Non-Directing Holder; provided that after the expiration of a period of ten (10) Business Days from the delivery
to each Non-Directing Holder of written notice of a proposed action, together with copies of the notice, information and report
required to be provided to the Directing Holder, the Servicer shall no longer be obligated to consult with the Non-Directing Holders,
whether or not the Non-Directing Holders have responded within such ten (10) Business Day period (unless the 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 begin anew from the date of such proposal and delivery of all information relating thereto).

 

(b)           Notwithstanding the foregoing non-binding consultation rights of the Non-Directing Holders, the Servicer may take any Major
Action or any action set forth in the Asset Status Report before the expiration of the aforementioned ten (10) Business Day period
if the Servicer determines that immediate action with respect thereto is necessary to protect the interests of the Holders.

 

(c)           In addition to the foregoing non-binding consultation rights, the Non-Directing Holders shall have the right to participate
in annual conference calls with the Master Servicer or the Special Servicer upon reasonable notice and at times reasonably acceptable
to the Master Servicer or the Special Servicer, as applicable, in which servicing issues related to the Mortgage Loan are discussed.

 

(d)           In no event shall the Servicer be obligated at any time to follow or take any alternative actions recommended by any of
the Non-Directing Holders.

 

(e)          Any Non-Directing Holder that is a Borrower Party shall not be entitled to any of the rights set forth in this Section
16.

 

17.          Advances; Reimbursement of Advances. (a) From time to time, (i) pursuant to terms of the Servicing Agreement,
the Lead Servicer and/or the related Trustee may be obligated to make (1) Property Advances with respect to the Mortgage Loan
or the Mortgaged Property and (2) P&I Advances with respect to the Lead Note and (ii) pursuant to the terms of a
Non-Lead Servicing Agreement, the related Non-Lead Master Servicer and/or the related Trustee may be obligated to make P&I
Advances with respect to a Non-Lead Note. The Lead Servicer and/or the related Trustee will not be required to make any P&I
Advance with respect to any Non-Lead Note and the related Non-Lead Master Servicer and/or the related Trustee will not be required
to make any P&I Advance with respect to any Lead Note, any other Non-Lead Note or any Property Advance. The Lead Servicer,
each Non-Lead Master Servicer and any Trustee will be entitled to interest on any Advance made in the manner and from the sources
provided in the Benchmark 2018-B6 PSA and the Note A-2 PSA.

 

(b)          The Lead Servicer and the related Trustee, as applicable, will be entitled to reimbursement for a Property Advance, first
from the Collection Account established with respect to the Mortgage Loan, and then, if such Property Advance is a Nonrecoverable
Advance,

 

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if such funds on deposit in the Collection Account are insufficient, from general collections of the Lead Securitization
as provided in the Servicing Agreement.

 

(c)          To the extent amounts on deposit in the Collection Account with respect to the Mortgage Loan are insufficient to reimburse
the Lead Servicer for any Property Advance and/or interest thereon and the Lead Servicer or the related Trustee, as applicable,
obtains funds from general collections of the Lead Securitization as a reimbursement for a Property Advance or interest thereon,
each Non-Lead Note Holder (including any Securitization into which any Non-Lead Note is deposited) shall be required to, promptly
following notice from the Lead Servicer, pay to the Lead Securitization for its pro rata share of such Property Advance
and/or interest thereon at the Reimbursement Rate. In addition, each Non-Lead Note Holder (including any Securitization into which
any Non-Lead Note is deposited) shall promptly reimburse the Lead Servicer or the related Trustee for such Non-Lead Note Holder’s
pro rata share of any fees, costs or expenses incurred in connection with the servicing and administration of the Mortgage
Loan as to which the Lead Securitization or any of the parties thereto are entitled to be reimbursed pursuant to the terms of the
Servicing Agreement (to the extent amounts on deposit in the Collection Account with respect to the Mortgage Loan are insufficient
for reimbursement of such amounts).

 

(d)          The parties to each of the Benchmark 2018-B6 PSA and the Note A-2 PSA shall each be entitled to make their own recoverability
determination with respect to a P&I Advance based on the information that they have on hand and in accordance with the Note
A-1 PSA, the Note A-2 PSA or the Note A-3 PSA, as applicable.

 

(e)           If the Lead Servicer or the related Trustee elects to defer the reimbursement of a Property Advance in accordance with the
terms of the Servicing Agreement, the Lead Servicer or the related Trustee shall also defer its reimbursement of each Non-Lead
Note share from the Non-Lead Note Holders.

 

18.          Provisions Relating to Securitization. 

 

(a) New Notes. For so
long as a Note is not included in a Securitization, the Holder of such Note (the “Resizing Holder”) shall have
the right, subject to the terms of the Mortgage Loan Documents, to cause the Borrower to execute amended and restated notes (“Amended
Notes”) or additional notes (“New Notes”) reallocating the principal of the Note or Notes that it
owns (but in no case any Note that it does not then own) among Amended Notes and New Notes or severing a Note into one or more
further “component” notes in the aggregate principal amount equal to the then outstanding principal balance of the
Note or Notes being amended or created, provided that (i) the aggregate principal balance of the Amended Notes and New Notes
following such amendments is no greater than the principal balance of the Amended Notes and New Notes prior to such amendments,
(ii) all New Notes continue to have the same interest rate as the Amended Note of which it was a part prior to such amendments,
(iii) all New Notes pay pro rata and on a pari passu basis with the Amended Notes and such reallocated or component
notes shall be automatically subject to the terms of this Agreement and (iv) the Resizing Holder holding the New Notes shall notify
each other Holder, as applicable, and, if any other Note has been included in a securitization, the parties under each applicable
PSA, in writing (which may be by email) of such modified allocations and principal amounts. In

 

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connection with the foregoing, (1)
the Master Servicer is hereby authorized to execute amendments to the Loan Agreement and this Agreement (or to amend and restate
the Loan Agreement and this Agreement) on behalf of any or all of the Holders solely for the purpose of reflecting such reallocation
of principal or such severing of a Note, (2) if a Note is severed into “component” notes, such component notes shall
each have their same rights as the respective original Note, (3) the definition of the term “Securitization” and all
of the related defined terms may be amended (and new terms added, as necessary) to reflect the New Notes and (4) if the Lead Note
is severed into “component” notes, another Note (or one of the New Notes) may be substituted for Note A-1 in the definition
of “Directing Holder” and the definitions of “Lead Note” and “Lead Securitization” and “Non-Directing
Holder” will be revised accordingly. Neither Rating Agency Confirmation nor approval of the Directing Holder shall be required
for any amendments to this Agreement required to facilitate the terms of this Section 18(a). The Resizing Holder whose Note
is being reallocated or split pursuant to this Section 18(a) shall reimburse the other Holders for all costs and expenses
incurred by the other Holders in connection with the reallocation or split.

 

(b)          The Non-Lead Note Holder agrees that (if a Non-Lead Note is included in a Securitization other than the Lead Securitization)
it shall cause the Non-Lead Servicing Agreement to provide as follows:

 

(i)           
the applicable master servicer or Trustee for such Securitization shall be required to notify the master servicer, special
servicer and Trustee of each other Securitization of the amount of any P&I Advance it has made with respect to the Note included
in such Securitization within two Business Days of making such advance;

 

(ii)           if the applicable master servicer, special servicer or Trustee determines that a proposed P&I Advance, if made, or any
outstanding P&I Advance previously made, would be, or is, as applicable, a nonrecoverable advance, the master servicer shall
provide the other servicers written notice of such determination within 2 Business Days after such determination was made;

 

(iii)          in
the event such Non-Lead Note Holder is responsible for its proportionate share of any Nonrecoverable Advances (or any other portion
of a Nonrecoverable Advance) (and advance interest thereon) or other fee or expense pursuant to Section 17 and funds received
with respect to such Non-Lead Note are insufficient to cover such amounts, (x) the related master servicer will be required to
pay the Master Servicer, Special Servicer or Trustee under the Servicing Agreement, as applicable, out of general funds in the
collection account (or equivalent account) established under the related Non-Lead Servicing Agreement and (y) if the Lead Servicing
Agreement permits the Master Servicer, Special Servicer or Trustee under the Servicing Agreement to pay itself from the Lead Securitization
Trust’s general account then the master servicer under the related Non-Lead Servicing Agreement will be required to reimburse
the Lead Securitization Trust out of general funds in the collection account (or equivalent account) established under the related
Non-Lead Servicing Agreement;

 

(iv)         each of the Master Servicer and the Special Servicer shall be indemnified (as and to the same extent the Lead Securitization
Trust is required to indemnify each

 

    -26- 

     

    

 

such party) 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 any PSA that relate solely to its servicing of the Mortgage Loan, as applicable, and
the master servicer under the related Non-Lead Servicing Agreement will be required to reimburse the Master Servicer, Special
Servicer or Trustee under the Servicing Agreement, as applicable, out of general funds in the collection account (or equivalent
account) established under the related Non-Lead Servicing Agreement;

 

(v)          each
of Trustee and the master servicer under the Non-Lead Servicing Agreement, as applicable, shall acknowledge that, (i) each of
the Master Servicer and the Trustee under the Servicing Agreement will be a third party beneficiary under the Non-Lead Servicing
Agreement with respect to any provisions therein relating to (1) the reimbursement of any nonrecoverable advances made with respect
to such Non-Lead Note by the Master Servicer or the Trustee under the Servicing Agreement and (2) as to the Master Servicer only,
the indemnification of the Master Servicer 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 any PSA and relating to such Non-Lead
Note and (ii) the Special Servicer will be a third party beneficiary under the related Non-Lead Servicing Agreement with respect
to any provisions therein relating to (1) the reimbursement of any nonrecoverable advances made with respect to such Non-Lead
Note by the Special Servicer (it being understood that the Special Servicer is not required to make any Advances) and (2) the
indemnification of the Special Servicer 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 any PSA and relating to such Non-Lead
Note; and

 

(vi)         the Master Servicer and the Special Servicer shall be third party beneficiaries of the foregoing provisions.

 

(c)          Notice to Parties to the Lead Securitization PSA. Each Non-Lead Note Holder shall provide the Depositor, the Trustee,
the Servicer, and the Special Servicer under the Lead Securitization PSA (as of the closing date of the related Securitization)
(provided such party is not also a party to the Lead Securitization PSA) notice of the related Securitization in writing
(which may be by email) prior to or promptly following the closing date of the related Securitization. Such notice shall contain
contact information for each of the parties to the related PSA and the identity of the Controlling Class Representative under such
PSA. In addition, after the closing date of the related Securitization for any other Notes, the related Note Holder shall send
a copy of the related PSA to the Depositor, the Servicer, and the Special Servicer under the Lead Securitization PSA (as of the
closing date of the related Securitization) (provided such party is not also a party to the Lead Securitization PSA).

 

(d)          The
Servicing Agreement shall:

 

(i)           provide
that the Master Servicer and Trustee for such Securitization shall be required to notify the servicer, special servicer and Trustee
of each other Securitization of the amount of any P&I Advance it has made with respect to the Note included in such Securitization
within two Business Days of making such advance;

 

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(ii)           provide that if the Master Servicer or Trustee determines that a proposed P&I Advance, if made, or any outstanding P&I
Advance previously made, would be, or is, as applicable, a nonrecoverable advance, the Master Servicer shall provide the other
servicers written notice of such determination within two Business Days after such determination was made;

 

(iii)          provide that the Master Servicer shall remit all payments received (or advanced) with respect to any Non-Lead Note, net
of its Servicing Fee and any other applicable fees and reimbursements payable to the Master Servicer, the Special Servicer and
the Trustee, to the Non-Lead Note Holder on the applicable Master Servicer Remittance Date;

 

(iv)          provide
that the Master Servicer agrees to make available to each master servicer under a Non-Lead Servicing Agreement the CREFC®
Investor Reporting Package® pursuant to the terms of the Servicing Agreement on a monthly basis;

 

(v)           provide that the Master Servicer, any primary servicer, the Special Servicer and the Trustee for the Lead Securitization,
certificate administrator or other party acting as custodian for the Lead Securitization shall be required to deliver (and shall
be required to cause each other servicer and servicing function participant (within the meaning of Items 1123 and 1122, respectively,
of Regulation AB) retained or engaged by it to deliver), to the parties to any Non-Lead Servicing Agreement, at its own expense,
in a timely manner, the reports, certifications, compliance statements, accountants’ assessments and attestations, information
to be included in reports (including, without limitation, Form 15G, Form 10K, Form 10D, Form 8K), notices, and other materials
specified in each of the other Servicing Agreements as the parties to each Non-Lead Securitization may require in order to comply
with (1) their obligations under the Securities Act of 1933, as amended, Securities Exchange Act of 1934 (including Rule 15Ga-1),
as amended, and Regulation AB, and any other applicable law and (2) any applicable comment letter from the Commission. Without
limiting the generality of the foregoing, each Lead Note Holder for a Lead Securitization shall provide in a timely manner to the
depositor and the Trustee for any prior Securitization a copy of the Servicing Agreement and each Lead Servicer (at the expense
of the Lead Note Holder) will be required, upon prior written request, to provide to the depositor and the Trustee for any prior
Securitization any other information required to comply in a timely manner with applicable filing requirements under Items 1.01
and 6.02 of Form 8-K, any other disclosure information required pursuant to Regulation AB in a timely manner for inclusion in any
disclosure document (and, with respect to the Servicing Agreement, for filing under Form 8-K), and with respect to the Lead Servicers,
upon prior written request, market indemnification agreements, opinions and Regulation AB compliance letters as were or are being
delivered with respect to the Lead Securitization. As used in this Agreement, “Regulation AB” means 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 United States Securities and Exchange Commission
(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.

 

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The Master Servicer, any
primary servicer and the Special Servicer, upon prior written request, shall each be required to provide certification and indemnification
to each Certifying Person with respect to the Sarbanes-Oxley Certification (or analogous terms) as such terms are defined in the
related Non-Lead Servicing Agreements;

 

(vi)         provide that the servicing duties of each of the Master Servicer and Special Servicer under the Servicing Agreement shall
include the duty to service each Non-Lead Note on behalf of the related Trustees and related Certificate holders in accordance
with the terms and provisions of this Agreement;

 

(vii)        provide that, with respect to any/each Non-Lead Note, the Master Servicer shall withdraw from the related Collection Account
and remit to the Holder of the Non-Lead Note, within one (1) Business Day of receipt of properly identified and available funds,
any amounts that represent late collections or principal prepayments on such Non-Lead Note or any successor REO Property with respect
thereto (exclusive of any portion of such amount payable or reimbursable to any third party in accordance with this Agreement),
unless such amount would otherwise be included in the monthly remittance to the Holder of such Non-Lead Note for such month; 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 later collections to the Non-Lead Master Servicer within one Business
Day of receipt of properly identified and available funds but, in any event, the Master Servicer shall remit such amounts within
two Business Days of receipt of properly identified and available funds;

 

(viii)       provide that the Non-Lead Note Holders are intended third-party beneficiaries in respect of the rights afforded it under
the Servicing Agreement and each master servicer under a Non-Lead Servicing Agreement will be entitled to enforce the rights of
the related Trustee with respect to such Non-Lead Note under this Agreement and the Servicing Agreement;

 

(ix)          provide that each master servicer and special servicer under any Non-Lead Servicing Agreement shall be a third-party beneficiary
of the Servicing Agreement with respect to all provisions therein expressly relating to compensation, reimbursement or indemnification
of such master servicer or special servicer, as the case may be, and the provisions regarding coordination of Advances;

 

(x)          
provide that it shall not be amended in a manner that materially and adversely affects the rights of the Non-Lead Note Holders
without their consent;

 

(xi)          satisfy Moody’s rating methodology as of the Closing Date of the Lead Securitization related to permitted investments
and eligible accounts applicable to securities rated “Aaa” by Moody’s;

 

(xii)         provide that, in connection with (A) any amendment of the Servicing Agreement, a party to such Servicing Agreement is required
to provide a copy of the executed amendment to the depositor under each related Non-Lead Servicing Agreement

 

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and one or more parties
to the related Non-Lead Servicing Agreement (which may be by e-mail), together with a copy of such amendment in electronic format,
no later than the effective date of such amendment, and (B) the termination, resignation and/or replacement of the Master Servicer
or Special Servicer under the Servicing Agreement, the replacement “master servicer” or replacement “special
servicer”, as applicable, is required to provide to the depositor under each related Non-Lead Servicing Agreement and one
or more parties to the related Non-Lead Servicing Agreement all disclosure about itself that is required to be included in Form
8-K no later than the date of effectiveness thereof;

 

(xiii)        provide that “servicer termination events” (or any analogous term under the Servicing Agreement) include customary
market termination events with respect to failure to make advances, failure to remit payments to the Non-Lead Note Holders as required,
failure to deliver (or cause to be delivered) materials or information required in order for the Non-Lead Note Holders or the depositor
under a related Non-Lead Servicing Agreement to timely comply with its obligations under the Securities Exchange Act of 1934, as
amended, the Securities Act of 1933, as amended, or Form SF-3, and for rating agency triggers with respect to any Certificates,
subject to customary grace periods (provided that, in the case of failures related to the securities laws, such grace periods will
not cause a depositor under a Non-Lead Servicing Agreement to fail to comply with the applicable provisions of such securities
laws). Upon the occurrence of such a servicer termination event with respect to the Master Servicer affecting the Non-Lead Note
Holder and the Master Servicer is not otherwise terminated pursuant to the Servicing Agreement, the Master Servicer shall be required,
upon the direction of the Non-Lead Note Holder, to appoint a subservicer with respect to the Non-Lead Note. Upon the occurrence
of a servicer termination event with respect to the Special Servicer affecting the Non-Lead Note Holder and the Special Servicer
is not otherwise terminated pursuant to the Servicing Agreement, the Trustee shall, upon direction of the Non-Lead Note Holder,
terminate the Special Servicer with respect to, but only with respect to, the Mortgage Loan; and

 

(xiv)       provide that if a Non-Lead Note becomes the subject of an “asset review” under a Non-Lead Servicing Agreement,
the applicable parties to the Servicing Agreement are required to reasonably cooperate with the related asset representations reviewer
or other applicable party to such Non-Lead Servicing Agreement in connection with such asset review, including with respect to
providing access to related underlying documents to the extent the asset representations reviewer and such other applicable party
to the Non-Lead Servicing Agreement has not obtained such documents from the related Non-Lead Note Holder and such documents are
in the possession of the applicable party to the Servicing Agreement.

 

19.          Governing Law; 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

 

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ACCORDANCE WITH THE INTERNAL LAWS AND DECISIONS OF
THE STATE OF NEW YORK, WITHOUT REGARD TO THE CHOICE OF LAW RULES THEREOF. EACH OF THE PARTIES HEREBY IRREVOCABLY WAIVES ALL RIGHT
TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS AGREEMENT.

 

20.          Modifications. This Agreement shall not be modified, cancelled or terminated except by an instrument in writing signed
by the parties hereto. Additionally, from and after a Securitization, except to (i) cure any ambiguity, (ii) correct any error,
(iii) correct or supplement any provision herein that may be defective or inconsistent with any other provision or provisions herein
or with the Servicing Agreement, or (iv) as set forth in Section 18(a), this Agreement may not be modified unless a Rating
Agency Confirmation has been delivered with respect to each Securitization.

 

21.          Successors and Assigns; Third Party Beneficiaries. This Agreement shall inure to the benefit of and be binding upon
the parties hereto and their respective successors and assigns. Each of the Master Servicer, Non-Lead Master Servicer and related
Trustee is an intended third-party beneficiary of this Agreement. Except as provided in Section 5 and the preceding
sentence, none of the provisions of this Agreement shall be for the benefit of or enforceable by any Person not a party hereto.

 

22.          Counterparts. This Agreement may be executed in any number of counterparts and all of such counterparts shall together
constitute one and the same instrument. Delivery of an executed counterpart of a signature page of this Agreement in Portable Document
Format (PDF) or by facsimile transmission shall be as effective as delivery of a manually executed original counterpart of this
Agreement

 

23.          Captions. The titles and headings of the paragraphs of this Agreement have been inserted for convenience of reference
only and are not intended to summarize or otherwise describe the subject matter of the paragraphs and shall not be given any consideration
in the construction of this Agreement.

 

24.          Notices. Unless stated otherwise, all notices required hereunder shall be given by (i) telephone (confirmed
in writing) or shall be in writing and personally delivered, (ii) sent by facsimile transmission or email if the sender on
the same day sends a confirming copy of such notice by reputable overnight delivery service (charges prepaid), (iii) reputable
overnight delivery service (charges prepaid) or (iv) certified United States mail, postage prepaid return receipt requested,
and addressed to the respective parties at their addresses set forth on Exhibit B hereto, or at such other address
as any party shall hereafter inform the other party by written notice given as aforesaid. All written notices so given shall be
deemed effective upon receipt.

 

25.          Custody of Mortgage Loan Documents. The originals of all of the Mortgage Loan Documents will be held by the Benchmark
2018-B6 Trustee (or by a custodian on its behalf) under the terms of the Benchmark 2018-B6 PSA on behalf of all of the Holders.

 

    -31- 

     

    

 

[NO FURTHER TEXT ON THIS PAGE]

 

    -32- 

     

    

 

IN WITNESS WHEREOF,
each of the Note A-1 Holder, Note A-2 Holder and Note A-3 Holder has caused this Agreement to be duly executed as of the day and
year first above written.

 

	 	Note A-1 Holder:
	 	 	 
	 	DEUTSCHE BANK AG, NEW YORK BRANCH
	 	 	 
	 	By:	/s/ Natalie Grainger
	 	 	Name: Natalie Grainger
	 	 	Title: Director

 

	 	By:	/s/ Matt Smith
	 	 	Name: Matt Smith
	 	 	Title: Director

 

[West
Coast Albertsons Portfolio Co-Lender Agreement]

 

     

     

    

 

	 	Note A-2 Holder:
	 	 	 
	 	DEUTSCHE BANK AG, NEW YORK
BRANCH
	 	 	 
	 	By:	/s/ Natalie Grainger
	 	 	Name: Natalie Grainger
	 	 	Title: Director

  

	 	By:	/s/ Matt Smith
	 	 	Name: Matt Smith
	 	 	Title: Director

 

[West
Coast Albertsons Portfolio Co-Lender Agreement]

 

     

     

    

 

	 	Note A-3 Holder:
	 	 	 
	 	DEUTSCHE BANK AG, NEW YORK
BRANCH
	 	 	 
	 	By:	/s/ Natalie Grainger
	 	 	Name: Natalie Grainger
	 	 	Title: Director

  

	 	By:	/s/ Matt Smith
	 	 	Name: Matt Smith
	 	 	Title: Director

 

[West
Coast Albertsons Portfolio Co-Lender Agreement]

 

     

     

    

 

EXHIBIT A

 

MORTGAGE LOAN SCHEDULE

 

		A.	Description of Mortgage Loan

 

	Borrower:	
        CLNC NNN ALBERTS

        

        CA, LLC and CLNC NNN ALBERTS AZ, LLC

        

	Mortgage Loan Origination Date:	August 16, 2018
	Initial Principal Amount of Mortgage Loan:	$94,000,000
	Location of Mortgaged Property:	16900 West Schulte Road, Tracy, California 95376 and 400 South 99th Avenue, Tolleson, Arizona 85353
	Current Use of Mortgaged Property:	Industrial (Warehouse/Distribution)
	Initial Mortgage Interest Rate:	4.0473404255%
	Adjusted Mortgage Interest Rate	A rate per annum equal to the greatest of (a) the sum of the Initial Mortgage Interest Rate plus three percent (3.00%), (b) the sum of (i) one and nineteen hundredths percent (1.19%), (ii) the 10-year swap yield off Reuters Capital Markets 19901 on the date immediately following the Anticipated Repayment Date, and (iii) three percent (3.00%) and (c) when applicable, the Default Rate
	Default Rate	Lesser of (a) the maximum rate permitted by law or (b) five percent (5%) above the Mortgage Interest Rate
	Anticipated Repayment Date:	September 6, 2028
	Stated Maturity Date:	September 6, 2033

 

     A-4

     

    

 

		B.	Description of Notes

 

	Mortgage Loan Origination Date:	August 16, 2018
	Initial Note A-1 Principal Balance:	$45,000,000
	Initial Note A-2 Principal Balance:	$29,000,000
	Initial Note A-3 Principal Balance:	$20,000,000
	Initial Note A-1 Percentage Interest	47.87%
	Initial Note A-2 Percentage Interest	30.85%
	Initial Note A-3 Percentage Interest	21.28%
	Initial Note A-1 Interest Rate:	4.0473404255%
	Initial Note A-2 Interest Rate:	4.0473404255%
	Initial Note A-3 Interest Rate:	4.0473404255%
	Adjusted Note A-1 Interest Rate:	A rate per annum equal to the greatest of (a) the sum of the Initial Mortgage Interest Rate plus three percent (3.00%), (b) the sum of (i) one and nineteen hundredths percent (1.19%), (ii) the 10-year swap yield off Reuters Capital Markets 19901 on the date immediately following the Anticipated Repayment Date, and (iii) three percent (3.00%) and (c), when applicable the Default Rate
	Adjusted Note A-2 Interest Rate:	A rate per annum equal to the greatest of (a) the sum of the Initial Mortgage Interest Rate plus three percent (3.00%), (b) the sum of (i) one and nineteen hundredths percent (1.19%), (ii) the 10-year swap yield off Reuters Capital Markets 19901 on the date immediately following the Anticipated Repayment Date, and (iii) three percent (3.00%) and (c), when applicable the Default Rate
	Adjusted Note A-3 Interest Rate:	A rate per annum equal to the greatest of (a) the sum of the Initial Mortgage Interest Rate plus three percent (3.00%), (b) the sum of (i) one and nineteen hundredths percent (1.19%), (ii) the 10-year swap yield off Reuters Capital Markets 19901 on the date immediately following the Anticipated Repayment Date, and (iii) three percent (3.00%) and (c), when applicable, the Default Rate
	Note A-1 Default Rate	Lesser of (a) the maximum rate permitted by law or (b) five percent (5%) above the Note A-1 Interest Rate

 

     A-5

     

    

 

	Note A-2 Default Rate	Lesser of (a) the maximum rate permitted by law or (b) five percent (5%) above the Note A-2 Interest Rate
	Note A-3 Default Rate	Lesser of (a) the maximum rate permitted by law or (b) five percent (5%) above the Note A-3 Interest Rate

 

     A-6

     

    

 

EXHIBIT B

 

Note A-1 Holder, Note A-2 and Note A-3 Holder:

 

Deutsche Bank AG, New York Branch

60 Wall Street

New York, New York 10005

Attention: Robert Pettinato

Telecopier: (212) 797-4488

E-Mail: Robert.pettinato@db.com

 

with a copy to:

 

Deutsche Bank AG, New York Branch

60 Wall Street

New York, New York 10005

Attention: General Counsel

 

with a copy to:

 

Cadwalader, Wickersham & Taft
LLP

200 Liberty Street

New York, New York 10281

Attention: Robert Kim

Facsimile No.: (212) 504-6666

 

     B-1

     

    

 

EXHIBIT C

 

PERMITTED FUND MANAGERS

 

Westbrook Partners 

iStar Financial Inc. 

Capital Trust 

Archon Capital, L.P. 

Whitehall Street Real Estate Fund, L.P. 

The Blackstone Group 

Normandy Real Estate Partners 

Dune Real Estate Partners 

AllianceBernstein 

Rockwood 

RREEF Funds 

Hudson Advisors 

Artemis Real Estate Partners 

Apollo Real Estate Advisors 

Colony Capital, Inc. 

Praedium Group 

Fortress Investment Group, LLC 

Lonestar Opportunity Funds 

Clarion Partners 

Walton Street Capital, LLC 

Starwood Financial Trust 

BlackRock, Inc. 

Eightfold Real Estate Capital, L.P. 

KKR Real Estate Manager Finance LLC 

Rialto Capital Management, LLC 

Rialto Capital Advisors, LLC

 

     C-1Exhibit 4.11

 

EXECUTION
VERSION

  

CO-LENDER
AGREEMENT

 

 

Dated
as of July 12, 2018

by and among

 

JPMORGAN
CHASE BANK, NATIONAL ASSOCIATION

(Initial Note A-1 and Note A-2 Holder)

 

JPMORGAN
CHASE BANK, NATIONAL ASSOCIATION

(Initial Note A-3 and Note A-4 Holder)

 

JPMORGAN
CHASE BANK, NATIONAL ASSOCIATION

(Initial Note A-5, Note A-6, Note A-7, Note A-8, Note A-9 and Note A-10 Holder)

 

and

 

JPMORGAN
CHASE BANK, NATIONAL ASSOCIATION

(Initial Note B-1 and Note B-2 Holder)

 

2018
Workspace Property Trust

 

    

     

    

 

TABLE
OF CONTENTS 

 

	 	 	Page
	 	 	 
	Section 1.	Definitions	3
	Section 2.	Servicing of Mortgage Loan	18
	Section 3.	Priority of Payments	22
	Section 4.	Workout	26
	Section 5.	Administration of Mortgage Loan	27
	Section 6.	Appointment of Controlling Note Holder Representative
    and Non-Lead	 
	 	Note Holder Representative	29
	Section 7.	Appointment of Special Servicer	34
	Section 8.	Payment Procedure	35
	Section 9.	Limitation on Liability of Note Holders	36
	Section 10.	Bankruptcy	36
	Section 11.	Representations of Note Holders	37
	Section 12.	No Creation of Partnership or Exclusive Purchase
    Right	37
	Section 13.	Other Business Activities of Note Holders	38
	Section 14.	Sale of Notes	38
	Section 15.	Registration of Notes and Note Holders	41
	Section 16.	Governing Law; Waiver of Jury Trial	41
	Section 17.	Submission To Jurisdiction; Waivers	42
	Section 18.	Modifications	42
	Section 19.	Successors and Assigns; Third Party Beneficiaries	42
	Section 20.	Counterparts	43
	Section 21.	Captions	43
	Section 22.	Severability	43
	Section 23.	Entire Agreement	43
	Section 24.	Withholding Taxes	43
	Section 25.	Custody of Mortgage Loan Documents	44
	Section 26.	Cooperation in Securitization	45
	Section 27.	Notices	46
	Section 28.	Broker	46
	Section 29.	Certain Matters Affecting Agent	46
	Section 30.	Termination and Resignation of Agent	47
	Section 31.	Resizing	47

 

    i

     

    

 

THIS
CO-LENDER AGREEMENT (this “Agreement”), dated as of July 12, 2018, by and among JPMORGAN CHASE BANK, NATIONAL
ASSOCIATION (“JPM” and together with its successors and assigns in interest, in its capacities as initial owner
of 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 B-1 and Note B-2
(in its capacities as initial Holder of each such Note, collectively, the “Initial Note Holders”, and in its
capacity as the initial agent, the “Initial Agent”).

 

W
I T N E S S E T H:

 

WHEREAS,
pursuant to the Mortgage Loan Agreement (as defined herein), the Initial Note Holders originated a certain loan (the “Mortgage
Loan”) described on Exhibit A hereto (the “Mortgage Loan Schedule”) to the borrowers described
on the Mortgage Loan Schedule (the “Mortgage Loan Borrowers”), which is evidenced by, among other things, 12
Notes (as further described below) in the aggregate original principal amount of $1,280,000,000 made by the Mortgage Loan Borrowers
in favor of the Initial Note Holders, and secured by a first mortgage (as amended, modified or supplemented, the “Mortgage”)
on certain real properties located as described in the Mortgage Loan Agreement (as defined herein) and certain other property
described in the Mortgage Loan Agreement (collectively, the “Mortgaged Properties”);

 

WHEREAS,
the Mortgage Loan is evidenced by the following promissory notes (as amended, modified or supplemented, the “Notes”),
the designations and original principal amounts set forth below and made by the Mortgage Loan Borrowers in favor of the applicable
Initial Note Holder as set forth in the table below; and the Mortgage Loan is further subdivided into corresponding Components
and Component Pairs in the Mortgage Loan Agreement, as defined in the Mortgage Loan Agreement and set forth in the table below:

 

    

     

    

 

	Note	Initial
    Note Holder	Original
    Principal Balance	Corresponding
    Components	Corresponding
    Component Pair	Rate
    Type
	Note
    A-1	JPMCB	$172,069,218.75	Component
    A-A, 

    Component A-B, 

    Component A-C, 

    Component A-D, 

    Component A-E, 

    Component A-F, 

    Component A-G, 

    Component A-H, 

    Component A-HRR	Component
    A, 

    Component B, 

    Component C, 

    Component D, 

    Component E, 

    Component F, 

    Component G, 

    Component H, 

    Component HRR	Floating 

        Floating 

        Floating 

        Floating 

        Floating 

        Floating 

        Floating 

        Floating 

        Floating 

	Note
    A-2	JPMCB	$87,930,781.25	Component
    A-A, 

    Component A-B, 

    Component A-C, 

    Component A-D, 

    Component A-E, 

    Component A-F, 

    Component A-G, 

    Component A-H, 

    Component A-HRR	Component
    A, 

    Component B, 

    Component C, 

    Component D, 

    Component E, 

    Component F, 

    Component G, 

    Component H, 

    Component HRR	Floating 

        Floating 

        Floating 

        Floating 

        Floating 

        Floating 

        Floating 

        Floating 

        Floating 

	Note
    A-3	JPMCB	$194,041,134.38	Component
    B-A, 

    Component B-B	Component
    A, 

    Component B	Fixed 

        Fixed 

	Note
    A-4	JPMCB	$99,158,865.62	Component
    B-A, 

    Component B-B	Component
    A, 

    Component B	Fixed 

        Fixed 

	Note
    A-5	JPMCB	$39,708,281.25	Component
    B-A-C, 

    Component B-B-C	Component
    A, 

    Component B	Fixed 

        Fixed 

	Note
    A-6	JPMCB	$20,291,718.75	Component
    B-A-C, 

    Component B-B-C	Component
    A, 

    Component B	Fixed 

        Fixed 

	Note
    A-7	JPMCB	$36,399,257.81	Component
    B-A-C, 

    Component B-B-C	Component
    A, 

    Component B	Fixed 

        Fixed 

	Note
    A-8	JPMCB	$18,600,742.19	Component
    B-A-C, 

    Component B-B-C	Component
    A, 

    Component B	Fixed 

        Fixed 

	Note
    A-9	JPMCB	$36,399,257.81	Component
    B-A-C, 

    Component B-B-C	Component
    A, 

    Component B	Fixed 

        Fixed 

	Note
    A-10	JPMCB	$18,600,742.19	Component
    B-A-C, 

    Component B-B-C	Component
    A, 

    Component B	Fixed 

        Fixed 

	Note
    B-1	JPMCB	$368,492,850.00	Component
    B-C, 

    Component B-D, 

    Component B-E, 

    Component B-F, 

    Component B-G, 

    Component B-H, 

    Component B-HRR	Component
    C, 

    Component D, 

    Component E, 

    Component F, 

    Component G, 

    Component H, 

    Component HRR	Fixed 

        Fixed 

        Fixed 

        Fixed 

        Fixed 

        Fixed 

        Fixed 

	Note
    B-2	JPMCB	$188,307,150.00	Component
    B-C,	Component
    C,	Fixed

 

    2

     

    

 

	Note	Initial
    Note Holder	Original
    Principal Balance	Corresponding
    Components	Corresponding
    Component Pair	Rate
    Type

				
    Component B-D, 

    Component B-E, 

    Component B-F, 

    Component B-G, 

    Component B-H, 

    Component B-HRR	

    Component D, 

    Component E, 

    Component F, 

    Component G, 

    Component H, 

    Component HRR	 Fixed 

        Fixed 

        Fixed 

        Fixed 

        Fixed 

        Fixed 

  

WHEREAS,
JPM intends (but is not bound) to sell, transfer and assign its right, title and interest in and to all or a portion of Notes
A-1, A-2, A-3, A-4, B-1 and B-2 to a depositor who will in turn transfer such Notes to a trustee for the J.P. Morgan Chase Commercial
Mortgage Securities Trust 2018-WPT, Commercial Mortgage Pass Through Certificates, Series 2018-WPT;

 

WHEREAS,
each Initial Note Holder desires to enter into this Agreement to memorialize the terms under which they, and their successors
and assigns, shall hold the Notes;

 

NOW,
THEREFORE, in consideration of the mutual covenants herein contained, the parties hereto mutually agree as follows:

 

Section
1.               Definitions. References to a “Section” or the “recitals” are, unless otherwise specified,
to a Section or the recitals of this Agreement. Capitalized terms not otherwise defined herein shall have the meaning ascribed
thereto in the Lead Securitization Servicing Agreement. Whenever used in this Agreement, the following terms shall have the respective
meanings set forth below unless the context clearly requires otherwise.

 

“A
Notes” shall mean each of 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 and
Note A-10.

 

“Administrative
Advance” shall have the meaning given thereto in the Lead Securitization Servicing Agreement.

 

“Advance”
shall mean any Administrative Advance, P&I Advance or Property Protection Advance.

 

“Affiliate”
shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement.

 

“Agent”
shall mean, prior to the Securitization Date, the Initial Agent or such Person to whom the Initial Agent shall delegate its duties
hereunder, and after the Securitization Date shall mean the Master Servicer.

 

“Agent
Office” shall mean the designated office of the Agent which office initially shall be the office of the Initial Note
A-1 Holder listed on Exhibit B hereto and after the

 

    3

     

    

 

Securitization Date, shall mean the offices of the Master Servicer.
The Agent Office is the address to which notices to and correspondence with the Agent should be directed. The Agent may change
the address of its designated office by notice to the Note Holders.

 

“Agreement”
shall mean this Co-Lender Agreement, the exhibits and schedules hereto and all amendments hereof and supplements hereto.

 

“Approved
Servicer” shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender”.

 

“Asset
Review” shall mean any review of representations and warranties conducted by the Non-Lead Asset Representations Reviewer,
as contemplated by Item 1101(m) of Regulation AB.

 

“B
Notes” shall mean each of Note B-1 and Note B-2.

 

“Bankruptcy
Code” shall mean the United States Bankruptcy Code, as amended from time to time, any successor statute or rule promulgated
thereto.

 

“Borrower
Affiliate” shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement; provided
that in the event that any Non-Lead Note is securitized in a Securitization, the term “Borrower Affiliate” as
used in the definitions of “Non-Lead Note Holder” and “Non-Lead Note Holder Representative” shall refer
to a “Borrower Affiliate” or “Borrower Party”, as applicable, as defined in the related Non-Lead Securitization
Servicing Agreement or such other analogous term used in the related Non-Lead Securitization Servicing Agreement.

 

“Certificate
Administrator” shall mean Wells Fargo Bank, National Association or its successor-in-interest, or any successor Certificate
Administrator appointed as provided in the Lead Securitization Servicing Agreement.

 

“Certificates”
shall mean any securities issued in connection with the Lead Securitization or a Non-Lead Securitization.

 

“CLO”
shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender”.

 

“CLO
Asset Manager” with respect to any Securitization Vehicle which is a CLO, shall mean the entity which is responsible
for managing or administering a Note as an underlying asset of such Securitization Vehicle or, if applicable, as an asset of any
Intervening Trust Vehicle (including, without limitation, the right to exercise any consent and control rights available to the
holder of such Note).

 

“Code”
shall mean the Internal Revenue Code of 1986, as amended.

 

“Collection
Account” shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement.

 

    4

     

    

 

“Companion
Distribution Account” shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement.

 

“Component
A” shall mean, collectively, “Component A-A”, “Component B-A” and “Component B-A-C”, each
as defined in the Mortgage Loan Agreement.

 

“Component
B” shall mean, collectively, “Component A-B”, “Component B-B” and “Component B-B-C”, each
as defined in the Mortgage Loan Agreement.

 

“Component
C” shall mean, collectively, “Component A-C”, “Component B-C”, each as defined in the Mortgage
Loan Agreement.

 

“Component
D” shall mean, collectively, “Component A-D”, “Component B-D”, each as defined in the Mortgage
Loan Agreement.

 

“Component
E” shall mean, collectively, “Component A-E”, “Component B-E”, each as defined in the Mortgage
Loan Agreement.

 

“Component
F” shall mean, collectively, “Component A-F”, “Component B-F”, each as defined in the Mortgage
Loan Agreement.

 

“Component
G” shall mean, collectively, “Component A-G”, “Component B-G”, each as defined in the Mortgage
Loan Agreement.

 

“Component
H” shall mean, collectively, “Component A-H”, “Component B-H”, each as defined in the Mortgage
Loan Agreement.

 

“Component
HRR” shall mean, collectively, “Component A-HRR”, “Component B-HRR”, each as defined in the
Mortgage Loan Agreement.

 

“Component
Pair” means any of Component A, Component B, Component C, Component D, Component E, Component F, Component G and Component
HRR.

 

“Conduit”
shall have the meaning assigned to such term in Section 14(d).

 

“Conduit
Credit Enhancer” shall have the meaning assigned to such term in Section 14(d).

 

“Conduit
Inventory Loan” shall have the meaning assigned to such term in Section 14(d).

 

“Control”
shall mean the ownership, directly or indirectly, in the aggregate of more than 50% of the beneficial ownership interests of an
entity and 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 voting power, by contract or otherwise (“Controlled”
and “Controls” have meanings correlative thereto).

 

    5

     

    

 

“Controlling
Note Holder” shall mean the Note A-1 Holder; provided that at any time Note A-1 is included in the Lead Securitization,
the rights of the “Controlling Note Holder” herein may be exercised by the holders of the majority of the class of
Certificates issued in the Lead Securitization designated as the “controlling class” or such other class(es) otherwise
assigned the rights to exercise the rights of the “Controlling Note Holder” hereunder, as and to the extent provided
in the Lead Securitization Servicing Agreement; provided, further, that if at any time 50% or more of the Note A-1
Notes (or class of Certificates issued in the Lead Securitization designated as the “controlling class” or such other
class(es) otherwise assigned the rights to exercise the rights of the “Controlling Note Holder”) is held by a Borrower
Affiliate, the Note A-1 Notes (or the class of Certificates issued in the Lead Securitization designated as the “controlling
class” or such other class(es) otherwise assigned the rights to exercise the rights of the “Controlling Note Holder”)
shall not be entitled to exercise any rights of the Controlling Note Holder under this Agreement or the Lead Securitization Servicing
Agreement, as and to the extent provided in the Lead Securitization Servicing Agreement.

 

“DBRS”
shall mean DBRS, Inc., and its successors-in-interest.

 

“Default
Interest” shall have the meaning set forth in the Lead Securitization Servicing Agreement.

 

“Defaulted
Loan” shall mean “Specially Serviced Mortgage Loan” as defined in the Lead Securitization Servicing Agreement.

 

“Depositor”
shall mean J.P. Morgan Chase Commercial Mortgage Securities Corp., and its successors-in-interest.

 

“Event
of Default” shall mean, with respect to the Mortgage Loan, an “Event of Default” as defined in the Mortgage
Loan Agreement.

 

“Fitch”
shall mean Fitch Ratings, Inc., and its successors-in-interest.

 

“Indemnified
Party” shall have the meaning assigned to such term in Section 2(d).

 

“Initial
Agent” shall have the meaning assigned to such term in the preamble to this Agreement.

 

“Initial
Note A-1 Holder” shall have the meaning assigned to such term in the preamble to this Agreement.

 

“Initial
Note A-2 Holder” shall have the meaning assigned to such term in the preamble to this Agreement.

 

“Initial
Note A-3 Holder” shall have the meaning assigned to such term in the preamble to this Agreement.

 

“Initial
Note A-4 Holder” shall have the meaning assigned to such term in the preamble to this Agreement.

 

    6

     

    

 

“Initial
Note A-5 Holder” shall have the meaning assigned to such term in the preamble to this Agreement.

 

“Initial
Note A-6 Holder” shall have the meaning assigned to such term in the preamble to this Agreement.

 

“Initial
Note A-7 Holder” shall have the meaning assigned to such term in the preamble to this Agreement.

 

“Initial
Note A-8 Holder” shall have the meaning assigned to such term in the preamble to this Agreement.

 

“Initial
Note A-9 Holder” shall have the meaning assigned to such term in the preamble to this Agreement.

 

“Initial
Note A-10 Holder” shall have the meaning assigned to such term in the preamble to this Agreement.

 

“Initial
Note B-1 Holder” shall have the meaning assigned to such term in the preamble to this Agreement.

 

“Initial
Note B-2 Holder” shall have the meaning assigned to such term in the preamble to this Agreement.

 

“Initial
Note Holders” shall have the meaning assigned to such term in the preamble to this Agreement.

 

“Insolvency
Proceeding” shall mean any proceeding under Title 11 of the United States Code (11 U.S.C. Sec. 101 et seq.) or
any other insolvency, liquidation, reorganization or other similar proceeding concerning a Mortgage Loan Borrower, any action
for the dissolution of a Mortgage Loan Borrower, any proceeding (judicial or otherwise) concerning the application of the assets
of a Mortgage Loan Borrower for the benefit of its creditors, the appointment of or any proceeding seeking the appointment of
a trustee, receiver or other similar custodian for all or any substantial part of the assets of a Mortgage Loan Borrower or any
other action concerning the adjustment of the debts of a Mortgage Loan Borrower, the cessation of business by a Mortgage Loan
Borrower, except following a sale, transfer or other disposition of all or substantially all of the assets of a Mortgage Loan
Borrower in a transaction permitted under the Mortgage Loan Documents; provided, however, that (a) following any
such permitted transaction affecting the title to a Mortgaged Property, a Mortgage Loan Borrower for purposes of this Agreement
shall be defined to mean the successor owner of a Mortgaged Property from time to time as may be permitted pursuant to the Mortgage
Loan Documents and (b) for the purposes of this definition, if more than one entity comprises the Mortgage Loan Borrower, the
term “Mortgage Loan Borrower” shall refer to any such entity.

 

“Interest
Rate” shall mean the “Note Rate” (as defined in the Mortgage Loan Documents).

 

    7

     

    

 

“Intervening
Trust Vehicle” with respect to any Securitization Vehicle that is a CLO, shall mean a trust vehicle or entity which
holds any Note as collateral securing (in whole or in part) any obligation or security held by such Securitization Vehicle as
collateral for the CLO.

 

“JPM”
shall have the meaning assigned to such term in the preamble to this Agreement.

 

“KBRA”
shall mean Kroll Bond Rating Agency, Inc. and its successors-in-interest.

 

“Lead
Securitization” shall mean the Securitization of the Lead Securitization Notes in a Securitization Trust to be designated
by the Initial Note A-1 Holder (in its capacity as Controlling Note Holder).

 

“Lead
Securitization Note Holder” shall mean the holder of the Lead Securitization Notes.

 

“Lead
Securitization Notes” shall mean Note A-1, Note A-2, Note A-3, Note A-4, Note B-1 and Note B-2 for so long as any such
Note is included in the Lead Securitization.

 

“Lead
Securitization Servicing Agreement” shall mean the trust and servicing agreement to be entered into in connection with
the Securitization of the Lead Securitization Notes and issuance of the J.P. Morgan Chase Commercial Mortgage Securities Trust
2018-WPT, Commercial Mortgage Pass Through Certificates, Series 2018-WPT, by and among the Depositor, the Master Servicer, the
Special Servicer, the Certificate Administrator, the Trustee and the Operating Advisor.

 

“Lead
Securitization Trust” shall mean the Securitization Trust created in connection with the Lead Securitization.

 

“Major
Decisions” shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement.

 

“Master
Servicer” shall mean KeyBank National Association or its successor-in-interest, or any successor Master Servicer appointed
as provided in the Lead Securitization Servicing Agreement.

 

“Moody’s”
shall mean Moody’s Investors Service, Inc., and its successors-in-interest.

 

“Morningstar”
shall mean Morningstar Credit Ratings, LLC, and its successors-in-interest.

 

“Mortgage”
shall have the meaning assigned to such term in the recitals.

 

“Mortgage
Loan” shall have the meaning assigned to such term in the recitals.

 

    8

     

    

 

“Mortgage
Loan Agreement” shall mean the Loan Agreement, dated as of June 8, 2018, among the Initial Note Holders, as Lender,
and the Mortgage Loan Borrowers as amended by that certain Note Splitter and Loan Modification Agreement (Renewal Note), made
as of July 12, 2018, by and among JPM and WPT Land Z LP, and as amended by that certain Note Splitter and Loan Modification Agreement,
made as of July 12, 2018, by and among JPM and WPT Land Z LP RV OP 1 LP, RV OP 2 LP, RV OP 3 Lessee LP and WPT Properties LP,
as the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.

 

“Mortgage
Loan Borrowers” shall have the meaning assigned to such term in the recitals.

 

“Mortgage
Loan Documents” shall mean, with respect to the Mortgage Loan, the Mortgage Loan Agreement, the Mortgage, the Notes
and all other documents now or hereafter evidencing and securing the Mortgage Loan.

 

“Mortgage
Loan Schedule” shall have the meaning assigned to such term in the recitals.

 

“Mortgaged
Properties” shall have the meaning assigned to such term in the recitals.

 

“Net
Component Rate” shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement.

 

“Nonrecoverable
Advance” shall mean, (i) with respect to any Advances made by the Servicer or the Trustee under the Lead Securitization
Servicing Agreement, “Nonrecoverable Advance” as defined in the Lead Securitization Servicing Agreement, and (ii)
with respect to any P&I Advance made by a party to a Non-Lead Securitization Servicing Agreement, “Nonrecoverable Advance”
or any analogous term as defined in such Non-Lead Securitization Servicing Agreement.

 

“Non-Exempt
Person” shall mean any Person other than a Person who is either (i) a U.S. Person or (ii) has on file with the Agent
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 Servicer on behalf of the Note Holders to make such payments free of any obligation or liability for withholding.

 

“Non-Lead
Asset Representations Reviewer” shall mean the “asset representations reviewer” under any Non-Lead Securitization
Servicing Agreement.

 

“Non-Lead
Depositor” shall mean the “depositor” under any Non-Lead Securitization Servicing Agreement.

 

“Non-Lead
Master Servicer” shall mean a “master servicer” under any Non-Lead Securitization Servicing Agreement.

 

    9

     

    

 

“Non-Lead
Note” shall mean each of Note A-5, Note A-6, Note A-7, Note A-8, Note A-9 and Note A-10.

 

“Non-Lead
Note Holder” shall mean each Note Holder of a Non-Lead Note; provided that with respect to each Non-Lead Note
Holder, at any time the related Non-Lead Note is included in a Securitization, references to the “Non-Lead Note Holder”
herein shall mean the Non-Lead Securitization Controlling Class Representative under the related Non-Lead Securitization Servicing
Agreement, as and to the extent provided in such Non-Lead Securitization Servicing Agreement and as to the identity of which the
Lead Securitization Note Holder (and the Master Servicer and the Special Servicer) has been given written notice; provided,
further that if at any time 50% or more of any Non-Lead Note (or class of securities issued in any Non-Lead Securitization
designated as the “controlling class” or such other class(es) otherwise assigned the rights to exercise the rights
of the “controlling class” under the related Non-Lead Securitization Servicing Agreement) is held by a Borrower Affiliate,
no such Note Holder or other Person shall be entitled to exercise any rights of such Non-Lead Note Holder under this Agreement
or the related Non-Lead Securitization Servicing Agreement, as and to the extent provided in the related Non-Lead Securitization
Servicing Agreement. The Lead Securitization Note Holder (or the Master Servicer or the Special Servicer acting on its behalf)
shall not be required at any time to deal with more than one party exercising the rights of a “Non-Controlling Note Holder”
herein or under the Lead Securitization Servicing Agreement, and to the extent that the related Non-Lead Securitization Servicing
Agreement assigns such rights to more than one party, for purposes of this Agreement, the Non-Lead Securitization Servicing Agreement
shall designate one party to deal with the Lead Securitization Note Holder (or the Master Servicer or the Special Servicer acting
on its behalf) and provide written notice of such designation to the Lead Securitization Note Holder (and the Master Servicer
and the Special Servicer acting on its behalf); provided that, in the absence of such designation and notice, the Lead
Securitization Note Holder (or the Master Servicer or the Special Servicer acting on its behalf) shall be entitled to treat the
last party as to which it has received written notice as having been designated as the Non-Lead Note Holder with respect to such
Non-Lead Note Holder for all purposes of this Agreement.

 

Prior
to Securitization of any Non-Lead Note (including any New Notes), all notices, reports, information or other deliverables required
to be delivered to the related Non-Lead Note Holder pursuant to this Agreement or the Lead Securitization Servicing Agreement
by the Lead Securitization Note Holder (or the Master Servicer or the Special Servicer acting on its behalf) only need to be delivered
to the related Non-Lead Note Holder Representative and, when so delivered to such Non-Controlling Note Holder Representative,
the Lead Securitization Note Holder (or the Master Servicer or the Special Servicer acting on its behalf) shall be deemed to have
satisfied its delivery obligations with respect to such items hereunder or under the Lead Securitization Servicing Agreement.
Following Securitization of any Non-Lead Note, all notices, reports, information or other deliverables required to be delivered
to the related Non-Lead Note Holder pursuant to this Agreement or the Lead Securitization Servicing Agreement by the Lead Securitization
Note Holder (or the Master Servicer or the Special Servicer acting on its behalf) shall be delivered to the related Non-Lead Master
Servicer and the related Non-Lead Special Servicer (who then may forward such items to the party entitled to receive such items
as and to the extent provided in the Non-Lead Securitization Servicing Agreement) and, when so delivered to the related Non-Lead
Master

 

    10

     

    

 

Servicer and the related Non-Lead Special Servicer, the Lead Securitization Note Holder (or the Master Servicer or the
Special Servicer acting on its behalf) shall be deemed to have satisfied its delivery obligations with respect to such items hereunder
or under the Lead Securitization Servicing Agreement.

 

“Non-Lead
Note Holder Representative” shall have the meaning assigned to such term in Section 6(c).

 

“Non-Lead
Securitization” shall mean any Securitization of a Note in a Securitization Trust other than the Lead Securitization.

 

“Non-Lead
Securitization Controlling Class Representative” shall mean, with respect to any Non-Lead Securitization Note, the holders
of the majority of the class of Certificates issued in a related Non-Lead Securitization designated as the “controlling
class”, if any, pursuant to the related Non-Lead Securitization Servicing Agreement or their duly appointed representative.

 

“Non-Lead
Securitization Date” shall mean the closing date of any Non-Lead Securitization.

 

“Non-Lead
Securitization Note” shall mean any Note other than the Lead Securitization Notes.

 

“Non-Lead
Securitization Note Holder” shall mean any holder of a Non-Lead Securitization Note.

 

“Non-Lead
Securitization Servicing Agreement” shall mean the servicing agreement for any Non-Lead Securitization.

 

“Non-Lead
Securitization Trust” shall mean the Securitization Trust into which any Non-Lead Securitization Note is deposited.

 

“Non-Lead
Servicer” shall mean any Non-Lead Master Servicer or Non-Lead Special Servicer, as the context may require.

 

“Non-Lead
Special Servicer” shall mean the “special servicer” under any Non-Lead Securitization Servicing Agreement.

 

“Non-Lead
Trustee” shall mean the “trustee” under any Non-Lead Securitization Servicing Agreement.

 

“Note(s)”
shall have the meaning assigned to such term in the recitals.

 

“Note
A Holder” shall mean with respect to any A Note, the related Initial Note Holder or any subsequent holder of such A Note,
as applicable.

 

“Note
B Holder” shall mean with regards to any B Note, the related Initial Note Holder or any subsequent holder of such
B Note, as applicable.

 

    11

     

    

 

“Note
Holder” shall mean with regards to any Note, the Initial Note Holder or any subsequent holder of such Note, as applicable.

 

“Note
Pledgee” shall have the meaning assigned to such term in Section 14(c).

 

“Note
Principal Balance” shall mean, with respect to each Note, at any time of determination, the Principal Balance for such
Note, as set forth on the Mortgage Loan Schedule, less any payments of principal thereon (or any New Notes issued in substitution
thereof) received by the related Note Holder (or any holders of New Notes in substitution thereof) or reductions in such amount
pursuant to Section 3 or 4, as applicable.

 

“Note
Rate” shall have the meaning assigned to such term in the Mortgage Loan Documents.

 

“Note
Register” shall have the meaning assigned to such term in Section 15.

 

“Operating
Advisor” shall mean Park Bridge Lender Services LLC, or its successor-in-interest, or any successor Operating Advisor
appointed as provided in the Lead Securitization Servicing Agreement.

 

“P&I
Advance” shall mean an advance made by (a) a party to the Lead Securitization Servicing Agreement in respect of a delinquent
monthly debt service payment on the Lead Securitization Notes or (b) a party to a Non-Lead Securitization Servicing Agreement
in respect of a delinquent monthly debt service payment on the related Non-Lead Securitization Note.

 

“Payment
Date” shall mean the “Payment Date” as defined in the Mortgage Loan Agreement.

 

“Permitted
Fund Manager” shall mean any Person that on the date of determination is (i) one of the entities on Exhibit C
attached hereto or any other nationally-recognized manager of investment funds investing in debt or equity interests relating
to commercial real estate, (ii) investing through a fund with total assets of at least $3,000,000,000 and committed capital of
at least $1,500,000,000 and (iii) not subject to a proceeding relating to the bankruptcy, insolvency, reorganization or relief
of debtors.

 

“Pledge”
shall have the meaning assigned to such term in Section 14(c).

 

“Pro
Rata and Pari Passu Basis” shall mean with respect to the Components that represent a Component Pair, the allocation
of any particular payment, collection, cost, expense, liability or other amount among such Components without any priority of
any such Component over another such Component, and in any event such that each such Component is allocated its respective Pro
Rata Share of such particular payment, collection, cost, expense, liability or other amount.

 

“Pro
Rata Share” shall mean with respect to each Component representing a portion of a Component Pair and the holders of
such Component, a fraction, expressed as a percentage, the numerator of which is the principal balance such Component and the

 

    12

     

    

 

denominator of which is the sum of the principal balances of all of the Components comprising portions of such Component Pair.

 

“Qualified
Institutional Lender” shall mean each of the Initial Note Holders (together with any affiliated transferee in connection
with a transfer to a Securitization or for internal bookkeeping or other corporate purposes) and any other U.S. Person that is:

 

(a)           an
entity Controlled (as defined below) by, under common Control with or that Controls any of the Initial Note Holders, or

 

(b)           the
trustee on behalf of the trust certificates issued pursuant to a master trust agreement involving a CLO comprised of, or other
securitization vehicle involving, assets deposited or transferred by a Note Holder and/or one or more Affiliates (whether with
assets from others or not), provided that the securities issued in connection with such CLO or other securitization vehicle
are rated initially at least investment grade by each of the Rating Agencies, that assigned a rating to one or more classes of
securities issued in connection with the Lead Securitization, or

 

(c)           one
or more of the following:

 

(i)       a
real estate investment bank, an insurance company, bank, savings and loan association, investment bank, trust company, commercial
credit corporation, pension plan, pension fund, pension fund advisory firm, mutual fund, real estate investment trust, governmental
entity or plan, or

 

(ii)       an
investment company, money management firm or a “qualified institutional buyer” within the meaning of Rule 144A under
the Securities Act of 1933, as amended, or 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

 

(iii)       a
Qualified Trustee in connection with (a) a securitization of, (b) the creation of collateralized debt obligations (“CLO”)
secured by, or (c) a financing through an “owner trust” of, a Note or any interest therein (any of the foregoing,
a “Securitization Vehicle”), provided that (1) one or more classes of securities issued by such Securitization
Vehicle is initially rated at least investment grade by each of the Rating Agencies that assigned a rating to one or more classes
of securities issued in connection with a Securitization (it being understood that with respect to any Rating Agency that assigned
such a rating to the securities issued by such Securitization Vehicle, a Rating Agency Confirmation will not be required in connection
with a transfer of such Note or any interest therein to such Securitization Vehicle); (2) the special servicer of such Securitization
Vehicle has a Required Special Servicer Rating or is otherwise acceptable to the Rating Agencies rating each Securitization (such
entity, an “Approved Servicer”) and such Approved Servicer is required to service and administer such Note
or any interest therein in accordance with servicing arrangements for the assets held by the Securitization Vehicle which require
that such Approved Servicer act in

 

    13

     

    

 

 accordance with a servicing standard notwithstanding any contrary direction or instruction
from any other Person; or (3) in the case of a Securitization Vehicle that is a CLO, the CLO Asset Manager and, if applicable,
each Intervening Trust Vehicle that is not administered and managed by a CLO Asset Manager which is a Qualified Institutional
Lender, are each a Qualified Institutional Lender under clauses (i), (ii), (iv) or (v) of this definition,
or

 

(iv)       an
investment fund, limited liability company, limited partnership or general partnership having capital and/or capital commitments
of at least $1,500,000,000, in which (A) any Initial Note Holder, (B) a person that is otherwise a Qualified Institutional Lender
under clause (i), (ii) or (v) (with respect to an institution substantially similar to the entities referred
to in clause (i) or (ii) above), or (C) a Permitted Fund Manager, acts as a general partner, managing member, or
the fund manager responsible for the day-to-day management and operation of such investment vehicle and provided that 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 Institutional Lenders, or

 

(v)       an
institution substantially similar to any of the foregoing, and

 

in
the case of any entity referred to in clause (c)(i), (ii), (iii), (iv)(B) or (v) of this definition,
(x) such entity has at least $1,500,000,000 in capital/statutory surplus or shareholders’ equity (except with respect to
a pension advisory firm, asset manager or similar fiduciary) and at least $3,000,000,000 in total assets (in name or under management),
and (y) is regularly engaged in the business of making or owning commercial real estate loans (or interests therein) similar to
the Mortgage Loan (or mezzanine loans with respect thereto) or owning or operating commercial real estate properties; provided
that, in the case of the entity described in clause (iv)(B) above, the requirements of this clause (y) may be
satisfied by a general partner, managing member, or the fund manager responsible for the day-to-day management and operation of
such entity; or

 

(d)          any
entity Controlled by any of the entities described in clause (c) above or approved by the Rating Agencies hereunder as
a Qualified Institutional Lender for purposes of this Agreement, or as to which the Rating Agencies have stated they would not
review such entity in connection with the subject transfer.

 

“Qualified
Trustee” means (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 $50,000,000 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
applicable Rating Agencies.

 

“Rating
Agencies” shall mean DBRS, Fitch, KBRA, Moody’s, Morningstar and S&P and their respective successors in interest
or, if any of such entities shall for any reason no longer perform the functions of a securities rating agency, any other nationally
recognized

 

    14

     

    

 

statistical rating agency reasonably designated by any Note Holder to rate the Certificates issued in connection with
the Securitization of the related Note; provided, however, that, at any time during which any Note is an asset of
a Securitization, “Rating Agencies” or “Rating Agency” shall mean only those rating agencies
that are engaged from time to time to rate the Certificates issued in connection with the Securitization(s) of such Notes.

 

“Rating
Agency Confirmation” shall mean each of the applicable 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, any action that would otherwise require a Rating Agency Confirmation shall instead
require the consent of the holder of Note A-1, which consent shall not be unreasonably withheld, conditioned or delayed.

 

For
the purposes of this Agreement, if any Rating Agency (1) waives, declines or refuses, in writing, to review or otherwise engage
any request for a confirmation hereunder from such Rating Agency that a proposed action will not result in a qualification, downgrade
or withdrawal of its then current rating of the securities issued pursuant to the related Securitization, or (2) does not reply
to such request or responds in a manner that indicates that such Rating Agency is neither reviewing such request nor waiving the
requirement for Rating Agency Confirmation and the related timing, notice and other applicable provisions set forth in the Lead
Securitization Servicing Agreement and each Non-Lead Securitization Servicing Agreement, as applicable, have been satisfied, then
for such request only, the condition that such confirmation by such Rating Agency (only) be obtained will be deemed not to apply
for purposes of this Agreement. For purposes of clarity, any such waiver, declination or refusal to review or otherwise engage
in any request for such confirmation hereunder shall not be deemed a waiver, declination or refusal to review or otherwise engage
in any subsequent request for such Rating Agency Confirmation hereunder and the condition for such Rating Agency Confirmation
pursuant to this Agreement for any subsequent request shall apply regardless of any previous waiver, declination or refusal to
review or otherwise engage in such prior request.

 

“Realized
Losses” shall mean any reduction in the Mortgage Loan Principal Balance that does not result in an accompanying payment
of principal to any of the Note Holders, which may result from, but is not limited to, one of the following circumstances: (i)
the cancellation or forgiveness of any portion of the Mortgage Loan Principal Balance in connection with a bankruptcy or similar
proceeding or a modification or amendment of the Mortgage Loan granted by the Servicer pursuant to the terms of the Lead Securitization
Servicing Agreement, or (ii) a reduction in the Mortgage Loan Interest Rate or any Note Rate in connection with a bankruptcy or
similar proceeding involving the Mortgage Loan Borrower or a modification or amendment of the Mortgage Loan agreed to by the Servicer
in accordance with the terms of the Lead Securitization Servicing Agreement, that as a result of the application of Section
4, results in the application of principal to pay interest to one or more Holders (each such Realized Loss described in this
clause (ii) shall be deemed to have been incurred on the Monthly Payment Date for each affected monthly payment).

 

“Redirection
Notice” shall have the meaning assigned to such term in Section 14(c).

 

    15

     

    

 

“Regulation
AB” shall mean 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 Securities
and Exchange Commission or by the staff of the Securities and Exchange Commission, or as may be provided by the Securities and
Exchange Commission or its staff from time to time.

 

“REMIC”
shall have the meaning assigned to such term in Section 5(b).

 

“Required
Special Servicer Rating” shall mean (i) in the case of Fitch, a rating of “CSS3”, (ii) in the case of S&P,
such special servicer is on S&P’s Select Servicer List as a U.S. Commercial Mortgage Special Servicer, (iii) in the
case of Moody’s, within the twelve (12) month period prior to the date of determination, such special servicer has acted
as special servicer for one or more loans included in a commercial mortgage loan securitization that was rated by Moody’s
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 loans as a material reason for such downgrade or withdrawal, (iv) in the case of Morningstar, either (a) the
applicable replacement has a special servicer ranking of at least “MOR CS3” by Morningstar (if ranked by Morningstar)
or (b) if not ranked by Morningstar, is currently acting as a special servicer on a deal or transaction-level basis for all or
a significant portion of the related mortgage loans in other CMBS transactions rated by any of S&P, Moody’s, Morningstar,
Fitch, DBRS or KBRA and the trustee does not have actual knowledge that Morningstar has, and the replacement special servicer
certifies that Morningstar has not, with respect to any such other CMBS transaction, qualified, downgraded or withdrawn its rating
or ratings on one or more classes of such CMBS transaction citing servicing concerns of the applicable replacement as the sole
or material factor in such rating action, (v) in the case of KBRA, KBRA has not cited servicing concerns of such special servicer
as the sole or a 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 a transaction serviced by such special servicer prior
to the time of determination, and (vi) in the case of DBRS, within the twelve (12) month period prior to the date of determination,
such special servicer has acted as special servicer for one or more loans included in a commercial mortgage loan securitization
that was rated by DBRS, and DBRS 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 loans as a material reason for such downgrade or withdrawal (or placement on “watch status”
in contemplation of a ratings downgrade or withdrawal).

 

“Resizing
Holder” shall have the meaning assigned to such term in Section 31.

 

“S&P”
shall mean Standard & Poor’s Ratings Services, a Standard & Poor’s Financial Services LLC business, and its
successors-in-interest.

 

“Scheduled
Interest Payment” shall mean the scheduled payment of interest due on the Mortgage Loan on a Monthly Payment Date.

 

    16

     

    

 

“Scheduled
Principal Payment” shall mean the scheduled payment of principal due on the Mortgage Loan on a Monthly Payment Date.

 

“SEC”
shall mean the U.S. Securities and Exchange Commission.

 

“Securitization”
shall mean one or more sales by a Note Holder of all or a portion of such Note to a depositor, who will in turn include such portion
of such Note as part of a securitization of one or more mortgage loans.

 

“Securitization
Date” shall mean the effective date on which the securitization of the Lead Securitization Notes or portion thereof
is consummated.

 

“Securitization
Trust” shall mean a trust formed pursuant to a Securitization pursuant to which any Notes are held.

 

“Securitization
Vehicle” shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender”.

 

“Servicer”
shall mean the Master Servicer or the Special Servicer, as the context may require.

 

“Servicing
Advance” shall mean “Property Protection Advances” as defined in the Lead Securitization Servicing Agreement.

 

“Servicing
Standard” shall mean “Accepted Servicing Practices” as defined in the Lead Securitization Servicing Agreement.

 

“Servicing
Fee Rate” shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement.

 

“Special
Servicer” shall mean KeyBank National Association, or its successor-in-interest, or any successor Special Servicer appointed
as provided in the Lead Securitization Servicing Agreement and this Agreement.

 

“Special
Servicer Termination Event” shall have the meaning given to such term in the Lead Securitization Servicing Agreement.

 

“Taxes”
shall mean any income or other taxes, levies, imposts, duties, fees, assessments or other charges of whatever nature, now or hereafter
imposed by any jurisdiction or by any department, agency, state or other political subdivision thereof or therein.

 

“Transfer”
shall have the meaning assigned to such term in Section 14.

 

“Trust
Fund Expenses” shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement.

 

“Trust
Loan” means the portion of the Mortgage Loan evidenced by the Lead Securitization Notes.

 

    17

     

    

 

“Trustee”
shall mean Wells Fargo Bank, National Association, or its successor-in-interest, or any successor Trustee appointed as provided
in the Lead Securitization Servicing Agreement.

 

“U.S.
Person” shall mean a citizen or resident of the United States, a corporation or partnership (except to the extent provided
in applicable Treasury Regulations) 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, or 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. Persons have the authority
to control all substantial decisions of such trust (or, to the extent provided in applicable Treasury Regulations, a trust in
existence on August 20, 1996 which is eligible to elect to be treated as a U.S. Person).

 

Section
2.             Servicing of Mortgage Loan.

 

(a)       Each
Note Holder acknowledges and agrees that, subject to the terms of this Agreement, the Mortgage Loan shall be serviced from and
after the Securitization Date pursuant to the Lead Securitization Servicing Agreement. Subject to the terms and conditions of
this Agreement, each Note Holder hereby irrevocably and unconditionally consents to the appointment of the Master Servicer, the
Special Servicer, the Certificate Administrator, the Trustee and the Operating Advisor under the Lead Securitization Servicing
Agreement by the Depositor as each such party may be replaced pursuant to the terms of the Lead Securitization Servicing Agreement
and agrees to reasonably cooperate with the Master Servicer and the Special Servicer with respect to the servicing of the Mortgage
Loan in accordance with the Lead Securitization Servicing Agreement. Each Note Holder hereby irrevocably appoints the Master Servicer,
the Special Servicer and the Trustee in the Lead Securitization as such Note Holder’s attorney-in-fact to sign any documents
reasonably required with respect to the administration and servicing of the Mortgage Loan on its behalf under the Lead Securitization
Servicing Agreement (subject at all times to the rights of such Note Holder set forth herein and in the Lead Securitization Servicing
Agreement). In no event shall the Lead Securitization Servicing Agreement require the Servicer to enforce the rights of any Note
Holder against any other Note Holder or limit the Servicer in enforcing the rights of one Note Holder against any other Note Holder;
however, this statement shall not be construed to otherwise limit the rights of one Note Holder with respect to any other Note
Holder. Each Servicer (i) shall be required pursuant to the Lead Securitization Servicing Agreement to service the Mortgage Loan
in accordance with the Servicing Standard (which shall require, among other things, that each Servicer, in servicing the Mortgage
Loan, must take into account the interests of each Note Holder and the subordination of the Components), the terms of the Mortgage
Loan Documents, this Agreement, the Lead Securitization Servicing Agreement and applicable law, (ii) shall provide information
to each Non-Lead Servicer to enable each such Non-Lead Servicer to perform its servicing duties under the related Non-Lead Securitization
Servicing Agreement and (iii) shall not take any action or refrain from taking any action or follow any direction inconsistent
with the foregoing.

 

(b)       At
any time that the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, the Note
Holders agree to cause the Mortgage Loan to be serviced by one or more servicers, each of which has been agreed upon by the Note

 

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Holders, pursuant to a servicing agreement that has servicing terms substantially similar to the Lead Securitization Servicing
Agreement (including, without limitation, all applicable provisions relating to delivery of information and reports necessary
for any Non-Lead Securitization to comply with any applicable reporting requirements under the Securities Exchange Act of 1934,
as amended) and all references herein to the “Lead Securitization Servicing Agreement” shall mean such subsequent
servicing agreement; provided, however, that (1) if (x) the servicer(s) to be appointed under such replacement servicing
agreement would not otherwise meet the conditions to be a servicer under the Lead Servicing Agreement that is being replaced or
(y) a Non-Lead Securitization Note is in a Securitization, then a Rating Agency Confirmation shall have been obtained from each
Rating Agency and (2) until a replacement servicing agreement has been entered into, the Lead Securitization Note Holder shall
cause the Mortgage Loan to be serviced pursuant to the provisions of the Lead Securitization Servicing Agreement as if such agreement
was still in full force and effect with respect to the Mortgage Loan, by the Servicer in the Lead Securitization or by any Person
appointed by the Lead Securitization Note Holder that is a qualified servicer meeting the requirements of the Lead Securitization
Servicing Agreement; except that the Servicer shall have no obligation to make any P&I Advances on the Lead Securitization
Notes or Administrative Advances.

 

(c)       The
Master Servicer shall be the master servicer on the Mortgage Loan. From time to time the Master Servicer (or the Trustee, to the
extent provided in the Lead Securitization Servicing Agreement) (i) shall be required to make Servicing Advances and Administrative
Advances with respect to the Mortgage Loan, subject to the terms of the Lead Securitization Servicing Agreement and this Agreement,
and (ii) may be required to make P&I Advances on the Lead Securitization Notes, if and to the extent provided in the Lead
Securitization Servicing Agreement and this Agreement. The Master Servicer, the Special Servicer and the Trustee, as applicable,
shall be entitled to reimbursement for any Advance and interest thereon and Trust Fund Expenses in accordance with the terms of
the Lead Securitization Servicing Agreement and this Agreement.

 

(d)       Each
Non-Lead Securitization Note Holder agrees to indemnify (i) (as and to the same extent the Lead Securitization Trust is required
to indemnify each of the following parties in respect of the Mortgage Loan pursuant to the terms of the Lead Securitization Servicing
Agreement) each of the Master Servicer, the Special Servicer, the Certificate Administrator, the Trustee, the Operating Advisor
and the 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 Lead Securitization Servicing Agreement in respect of the Mortgage Loan) and (ii) the Lead Securitization
Trust (such parties in clause (i) and the Lead Securitization Trust, collectively, the “Indemnified Parties”)
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 the Mortgage Loan and the Mortgaged Properties
(or, with respect to the Operating Advisor, incurred in connection with the provision of services for the Mortgage Loan) under
the Lead Securitization Servicing Agreement (collectively, the “Indemnified Items”) to the extent of its pro
rata share of such Indemnified Items.

 

(e)       Each
Non-Lead Securitization Note Holder agrees to pay its Pro Rata Share of (i) any Servicing Advances or Administrative Advances
and any interest accrued and

 

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payable on such Advances at the Advance Rate and (ii) any Trust Fund Expenses and any other fees,
costs or expenses incurred in connection with the servicing and administration of the Mortgage Loan (including, without, limitation,
any costs, fees and expenses related to obtaining any Rating Agency Confirmation and any Indemnified Items) in accordance with
the Lead Securitization Servicing Agreement and this Agreement to the extent that such amounts remain unpaid or unreimbursed after
funds received from the Mortgage Loan Borrowers for payment of such amounts and any principal and interest collections allocable
to Note B-1 and Note B-2 (or, if applicable, the portion of Note A-1 and Note A-2 comprising the same Components of Note B-1 and
Note B-2) have been applied to pay such amounts.

 

In
the event that the Master Servicer or the Special Servicer has determined that expected proceeds of the Mortgage Loan (or foreclosed
property) would be insufficient for reimbursement of (i) any Servicing Advances or Administrative Advances and any interest accrued
and payable on such Advances at the Advance Rate, (ii) the Indemnified Items and (iii) any other Trust Fund Expenses and any other
fees, costs or expenses incurred in connection with the servicing and administration of the Mortgage Loan or Mortgaged Properties
(including, without, limitation, any costs, fees and expenses related to obtaining any Rating Agency Confirmation), and any collections
allocable to Note B-1 and Note B-2 (or, if applicable, the portion of Note A-1 and Note A-2 comprising the same Components of
Note B-1 and Note B-2) have been applied to pay such amounts, each Non-Lead Note Holder shall be required to, promptly following
notice from the Master Servicer, pay the Master Servicer, the Special Servicer, the Certificate Administrator, the Trustee, the
Operating Advisor, or the Lead Securitization Trust, as applicable, the related Non-Lead Note Holder’s Pro Rata Share of
the insufficiency and if such Non-Lead Note Holder is a Non-Lead Securitization Trust, then such Non-Lead Note Holder shall be
required to use general collections on the other mortgage loans in the related Non-Lead Securitization Trust to pay such Pro Rata
Share.

 

For
the avoidance of doubt, no Non-Lead Holder shall be required to use general collections on the other mortgage loans in the related
Non-Lead Securitization Trust to reimburse any P&I Advances or any Nonrecoverable Advances that are P&I Advances on the
Lead Securitization Notes or any interest accrued and payable on such P&I Advances and Nonrecoverable Advances that are P&I
Advances.

 

(f)       The
Non-Lead Master Servicer may be required to make P&I Advances on the related Non-Lead Securitization Note, from time to time,
subject to the terms of the related servicing agreement for the related Non-Lead Securitization Servicing Agreement. Each Non-Lead
Master Servicer, Non-Lead Special Servicer and Non-Lead Trustee, as applicable, shall be entitled to make its own recoverability
determination with respect to a P&I Advance to be made on the related Non-Lead Securitization Note based on the information
that they have on hand and in accordance with the related Non-Lead Securitization Servicing Agreement. Additionally, the Master
Servicer, the Special Servicer and the Trustee, as applicable, shall be entitled to make their own recoverability determination
with respect to a P&I Advance to be made on the Lead Securitization Note based on the information that they have on hand and
in accordance with the Lead Securitization Servicing Agreement. The Master Servicer and the Trustee, as applicable, and the related
Non-Lead Master Servicer or the related Non-Lead Trustee shall be required to notify the other of the amount of its P&I Advance
within two business days of making such advance. If the Master Servicer, the Special Servicer or the 

 

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Trustee,
as applicable (with respect to the Lead Securitization Note) or a Non-Lead Master Servicer, a Non-Lead Special Servicer or a
Non-Lead Trustee, as applicable (with respect to a Non-Lead Securitization Note), determines that a proposed P&I Advance,
if made, would be non-recoverable or an outstanding P&I Advance is or would be non-recoverable, or if the Master
Servicer, the Special Servicer or the Trustee, as applicable, subsequently determines that a proposed Servicing Advance would
be non-recoverable or an outstanding Servicing Advance is or would be non-recoverable, then, if and to the extent such
information is not already included in the Distribution Date Statement for the month in which such P&I Advance is made,
the Master Servicer or the Trustee (as provided in the Lead Securitization Servicing Agreement, in the case of a
determination of non-recoverability by the Master Servicer, the Special Servicer or the Trustee) or the related Non-Lead
Master Servicer or the related Non-Lead Trustee (as provided in the related Non-Lead Securitization Servicing Agreement, in
the case of a determination of non-recoverability by the related Non-Lead Master Servicer, the related Non-Lead Special
Servicer or the related Non-Lead Trustee) shall notify the Master Servicer and the Trustee, or the related Non-Lead Master
Servicer and the related Non-Lead Trustee, as the case may be, of the other Securitization within two business days of making
such determination.

 

(g)       Each
Non-Lead Securitization Note Holder agrees that, if the related Non-Lead Securitization Note is included in a Securitization,
it shall cause the applicable Non-Lead Securitization Servicing Agreement to contain provisions to the effect that:

 

(i)       any
Servicing Advances (and advance interest thereon), Administrative Advances (and advance interest thereon) and any Trust Fund Expenses
(including Indemnified Items) relating to servicing and administration of the Mortgage Loan and the Mortgaged Properties, including
without limitation, any unpaid Special Servicing Fees, Liquidation Fees and Workout Fees relating to the Mortgage Loan will be
paid in accordance with Sections 2 and 3 of this Agreement and the Lead Securitization Servicing Agreement;

 

(ii)       in
the event that the Master Servicer or the Special Servicer has determined that proceeds of the Mortgage Loan (or foreclosed property)
would be insufficient for reimbursement of the amounts described in clause (i) above and any collections allocable to Note
B-1 and Note B-2 (or, if applicable, the portion of Note A-1 and Note A-2 comprising the same Components of Note B-1 and Note
B-2) have been applied to pay such amounts, the related Non-Lead Master Servicer will be required to, promptly following notice
from the Master Servicer or the Special Servicer, pay the Master Servicer, the Special Servicer, the Certificate Administrator
or the Trustee or the Lead Securitization Trust, as applicable, such Non-Lead Securitization Trust’s Pro Rata Share of the
insufficiency out of general funds in the collection account (or equivalent account) established under the related Non-Lead Securitization
Servicing Agreement;

 

(iii)       any
matter affecting the servicing and administration of the Mortgage Loan that requires delivery of a Rating Agency Confirmation
pursuant to the Lead Securitization Servicing Agreement shall also require delivery of a Rating Agency Confirmation under each
Non-Lead Securitization Servicing Agreement; and

 

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(iv)       the
Master Servicer, the Special Servicer, the Trustee and the Lead Securitization Trust shall be third party beneficiaries of the
foregoing provisions.

 

(h)       In
the event that any filing is required to be made by the Depositor or any Non-Lead Depositor in order to comply with the Depositor’s
or such Non-Lead Depositor’s requirements under the Exchange Act, the related Non-Lead Note Holder (including the related
Non-Lead Depositor and related Non-Lead Trustee) or the Lead Securitization Note Holder (including the Depositor, the Master Servicer,
the Special Servicer, the Certificate Administrator and the Trustee), as applicable, shall use commercially reasonable efforts
to timely comply with any such filing, in each case, in accordance with the requirements of the Lead Securitization Servicing
Agreement or the related Non-Lead Securitization Servicing Agreement respectively.

 

(i)       Each
Non-Lead Securitization Note Holder shall give each of the parties to the Lead Securitization Servicing Agreement (that will not
also be a party to the related Non-Lead Securitization Servicing Agreement) notice of the Non-Lead Securitization in writing (which
may be by e-mail) prior to or promptly following the related Non-Lead Securitization Date. Such notice shall contain contact information
for each of the parties to the related Non-Lead Securitization Servicing Agreement. In addition, after the related Non-Lead Securitization
Date, the related Non-Lead Securitization Note Holder (or a certificate administrator designated to do so in the Non-Lead Securitization
Servicing Agreement) shall send an electronic copy of the related Non-Lead Securitization Servicing Agreement to each of the parties
to the Lead Securitization Servicing Agreement.

 

(j)       If
a Non-Lead Securitization Note becomes the subject of an Asset Review pursuant to the related Non-Lead Securitization Servicing
Agreement, the Master Servicer, the Special Servicer and the Trustee and the Certificate Administrator shall reasonably cooperate
with such Non-Lead Asset Representations Reviewer in connection with such Asset Review by providing such Non-Lead Asset Representations
Reviewer with any documents reasonably requested by such Non-Lead Asset Representations Reviewer, but only to the extent that
such documents are in the possession of the Master Servicer, the Special Servicer, the Trustee or the Certificate Administrator
as the case may be, and are not in the possession of the Non-Lead Asset Representations Reviewer, Non-Lead Master Servicer, Non-Lead
Special Servicer or custodian under the related Non-Lead Securitization Servicing Agreement.

 

Section
3.              Priority of Payments. Each of the Notes
are comprised of Components, which are senior and subordinate to one another under the Mortgage Loan Agreement and as further
set forth below. Note B-1, Note B-2 and the applicable portions of Note A-1 and Note A-2 that are comprised of Component A-C,
Component A-D, Component A-E, Component A-F, Component A-G, Component A-H and Component A-HRR, and the right of the related Holders
to receive payments of interest, principal and other amounts shall at all times be junior, subject and subordinate to Note A-3,
Note A-4, Note A-5, Note A-6, Note A-7, Note A-8, Note A-9, Note A-10 and the portions of Note A-1 and Note A-2 that are comprised
of Component A-A and Component A-B.

 

All
amounts tendered by the Mortgage Loan Borrowers or otherwise available for payment on or with respect to or in connection with
the Mortgage Loan or the Mortgaged Properties or amounts realized as proceeds thereof, whether received in the form of monthly

 

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payments, Balloon Payments, Liquidation Proceeds, proceeds under any guaranty, letter of credit or other collateral or instrument
securing the Mortgage Loan or Insurance Proceeds or Condemnation Proceeds (other than (1) proceeds, awards or settlements to be
applied to the restoration or repair of the Mortgaged Properties or released to the Mortgage Loan Borrowers in accordance with
the terms of the Mortgage Loan Documents, to the extent permitted by the REMIC Provisions, (2) all amounts for required reserves
or escrows required by the Mortgage Loan Documents (to the extent and in accordance with the terms of the Mortgage Loan Documents)
to be held as reserves or escrows, (3) all amounts received as reimbursements on account of recoveries in respect of Advances
then due and payable or reimbursable to the Servicer or the Non-Lead Master Servicer under the Lead Securitization Servicing Agreement,
(4) all amounts that are then due, payable or reimbursable to any Servicer, the Certificate Administrator, the Trustee or the
Operating Advisor with respect to the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement (including, without
limitation, reimbursement of Servicing Advances and Administrative Advances with respect to the Mortgage Loan and P&I Advances
on the Lead Securitization Notes and interest thereon) and (5) any amounts that are then due and payable or reimbursable to any
Non-Lead Master Servicer (or Non-Lead Trustee) in respect of any P&I Advances and interest thereon in respect of Non-Lead
Securitization Note (pursuant to Non-Lead PSA) shall be applied and distributed by the Servicer in the manner described below
without duplication (and payments shall be made at such times as are set forth in the Lead Securitization Servicing Agreement).

 

So
long as no Event of Default has occurred and is continuing, any collections received in respect of the Mortgage Loan or the Properties
will be applied to the Components in accordance with the Mortgage Loan Agreement and the Trust and Servicing Agreement. During
an Event of Default, any collections received in respect of the Mortgage Loan or the Properties will be applied to the Components
in the following order of priority:

 

(i)       first,
on a Pro Rata and Pari Passu Basis, to pay accrued and unpaid interest on Component A (other than Default Interest) to each Note
Holder of a Note that represents a portion of Component A, up to an amount equal to the accrued and unpaid interest on the applicable
principal balance of such Component at the applicable Net Component Rate;

 

(ii)       second,
on a Pro Rata and Pari Passu Basis, to each Note Holder of a Note that represents a portion of Component A, up to an amount equal
to all principal payments (or other amounts allocated to principal) received, if any, with respect to such Payment Date, until
the principal balance of Component A has been reduced to zero;

 

(iii)       third,
on a Pro Rata and Pari Passu Basis, to pay accrued and unpaid interest on Component B (other than Default Interest) to each Note
Holder of a Note that represents a portion of Component B, up to an amount equal to the accrued and unpaid interest on the applicable
principal balance of such Component at the applicable Net Component Rate;

 

(iv)       fourth,
on a Pro Rata and Pari Passu Basis, to each Note Holder of a Note that represents a portion of Component B, up to an amount equal
to all principal payments (or other amounts allocated to principal) received, if any, with respect to such Payment Date, until
the principal balance of Component B has been reduced to zero;

 

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(v)       fifth,
on a Pro Rata and Pari Passu Basis, to pay accrued and unpaid interest on Component C (other than Default Interest) to each
Note Holder of a Note that represents a portion of Component C, up to an amount equal to the accrued and unpaid interest on the
applicable principal balance of such Component at the applicable Net Component Rate;

 

(vi)       sixth,
on a Pro Rata and Pari Passu Basis, to each Note Holder of a Note that represents a portion of Component C, up to an amount equal
to all principal payments (or other amounts allocated to principal) received, if any, with respect to such Payment Date, until
the principal balance of Component C has been reduced to zero;

 

(vii)      seventh,
on a Pro Rata and Pari Passu Basis, to pay accrued and unpaid interest on Component D (other than Default Interest) to each
Note Holder of a Note that represents a portion of Component D, up to an amount equal to the accrued and unpaid interest on the
applicable principal balance of such Component at the applicable Net Component Rate;

 

(viii)     eighth,
on a Pro Rata and Pari Passu Basis, to each Note Holder of a Note that represents a portion of Component D, up to an amount
equal to all principal payments (or other amounts allocated to principal) received, if any, with respect to such Payment Date,
until the principal balance of Component D has been reduced to zero;

 

(ix)       ninth,
on a Pro Rata and Pari Passu Basis, to pay accrued and unpaid interest on Component E (other than Default Interest) to each Note
Holder of a Note that represents a portion of the Component E, up to an amount equal to the accrued and unpaid interest on the
applicable principal balance of such Component at the applicable Net Component Rate;

 

(x)       tenth,
on a Pro Rata and Pari Passu Basis, to each Note Holder of a Note that represents a portion of Component E, up to an amount equal
to all principal payments (or other amounts allocated to principal) received, if any, with respect to such Payment Date, until
the principal balance of Component E has been reduced to zero;

 

(xi)       eleventh,
on a Pro Rata and Pari Passu Basis, to pay accrued and unpaid interest on Component F (other than Default Interest) to each Note
Holder of a Note that represents a portion of Component F, up to an amount equal to the accrued and unpaid interest on the applicable
principal balance of such Component at the applicable Net Component Rate;

 

(xii)       twelfth,
on a Pro Rata and Pari Passu Basis, to each Note Holder of a Note that represents a portion of Component F, up to an amount equal
to all principal payments (or other amounts allocated to principal) received, if any, with respect to such Payment Date, until
the principal balance of Component F has been reduced to zero;

 

(xiii)       thirteenth,
on a Pro Rata and Pari Passu Basis, to pay accrued and unpaid interest on Component G (other than Default Interest) to each Note
Holder of a Note that represents a portion of Component G, up to an amount equal to the accrued and unpaid interest on the applicable
principal balance of such Component at the applicable Net Component Rate;

 

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(xiv)       fourteenth,
on a Pro Rata and Pari Passu Basis, to each Note Holder of a Note that represents a portion of Component G, up to an amount equal
to all principal payments (or other amounts allocated to principal) received, if any, with respect to such Payment Date, until
the principal balance of Component G has been reduced to zero;

 

(xv)       fifteenth,
on a Pro Rata and Pari Passu Basis, to pay accrued and unpaid interest on Component H (other than Default Interest) to each Note
Holder of a Note that represents a portion of Component H, up to an amount equal to the accrued and unpaid interest on the applicable
principal balance of such Component at the applicable Net Component Rate;

 

(xvi)       sixteenth,
on a Pro Rata and Pari Passu Basis, to each Note Holder of a Note that represents a portion of Component H, up to an amount equal
to all principal payments (or other amounts allocated to principal) received, if any, with respect to such Payment Date, until
the principal balance of Component H has been reduced to zero;

 

(xvii)       seventeenth,
on a Pro Rata and Pari Passu Basis, to pay accrued and unpaid interest on Component HRR (other than Default Interest) to each
Note Holder of a Note that represents a portion of Component HRR, up to an amount equal to the accrued and unpaid interest on
the applicable principal balance of such Component at the applicable Net Component Rate;

 

(xviii)       eighteenth,
on a Pro Rata and Pari Passu Basis, to each Note Holder of a Note that represents a portion of Component HRR, up to an amount
equal to all principal payments (or other amounts allocated to principal) received, if any, with respect to such Payment Date,
until the principal balance of Component HRR has been reduced to zero;

 

(xix)       nineteenth,
on a Pro Rata and Pari Passu Basis, to each Note Holder of a Note that represents a portion of a Component entitled to Yield Maintenance
Premiums then due and payable in respect of the Mortgage Loan, such Yield Maintenance Premiums being allocated in respect of such
Components in sequential order, first to Component A (other than Component A-A), then to Component B (other than
Component A-B), then to Component B-C, then to Component B-D, then to Component B-E, then to Component
B-F, then to Component B-G, then to Component B-H, and then to Component B-HRR;

 

(xx)       twentieth,
to pay Default Interest and late payment charges then due and owing under the Mortgage Loan, all of which will be applied in accordance
with the Trust and Servicing Agreement; and

 

(xxi)       twenty-first,
if any excess amount is available to be distributed in respect of the Mortgage Loan, and not otherwise applied in accordance with
the foregoing clauses first through twentieth, any remaining amount shall be paid pro rata
to each Note Holder based on their initial principal balances.

 

Notwithstanding
anything to the contrary herein, to the extent required under the REMIC Provisions of the Code, payments or proceeds received
with respect to any partial release of a Mortgaged Property (including following a condemnation) from the lien of the applicable
Mortgage and Mortgage Loan Documents must be allocated to reduce the principal

 

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balance of the Mortgage Loan in the manner permitted
by such REMIC Provisions if, immediately following such release, the loan-to value ratio of the Mortgage Loan exceeds 125% (based
solely on real property and excluding any personal property and going concern value).

 

Section
4.           Workout. Notwithstanding anything to the contrary contained
herein, but subject to the terms and conditions of the Lead Securitization Servicing Agreement, and the obligation to act in accordance
with the Servicing Standard, if the Lead Securitization Note Holder, or any Servicer, in connection with a workout or proposed
workout of the Mortgage Loan, modifies the terms thereof such that (i) the principal balance of the Mortgage Loan is decreased,
(ii) the Note Rate is reduced, (iii) payments of interest or principal on any Note are waived, reduced or deferred or (iv) any
other adjustment is made to any of the payment terms of the Mortgage Loan, such modification shall not alter, and any modification
of the Mortgage Loan Documents shall be structured to preserve, the sequential order of payment of the Notes and the Components
in their respective order of priority as set for in Section 3 shall be made as though such workout did not occur, with
the payment terms of each Component remaining the same as they are on the date hereof, and the full economic effect of all waivers,
reductions or deferrals of amounts due on the Mortgage Loan attributable to such workout shall be borne, first, by each
Note Holder of a Note that represents a portion of Component HRR, on a Pro Rata and Pari Passu Basis (up to their respective principal
balances, together with accrued interest thereon at the Component Rate and any other amounts due to such Note Holders, as applicable),
then, by each Note Holder of a Note that represents a portion of Component H, on a Pro Rata and Pari Passu Basis (up to their
respective principal balances, together with accrued interest thereon at the Component Rate and any other amounts due to such
Note Holders, as applicable), then, by each Note Holder of a Note that represents a portion of Component G, on a Pro Rata and
Pari Passu Basis (up to their respective principal balances, together with accrued interest thereon at the Component Rate and
any other amounts due to such Note Holders, as applicable), then, by each Note Holder of a Note that represents a portion of Component
F, on a Pro Rata and Pari Passu Basis (up to their respective principal balances, together with accrued interest thereon at the
Component Rate and any other amounts due to such Note Holders, as applicable), then by each Note Holder of a Note that represents
a portion of Component E, on a Pro Rata and Pari Passu Basis (up to their respective principal balances, together with accrued
interest thereon at the Component Rate and any other amounts due to such Note Holders, as applicable), then by each Note Holder
of a Note that represents a portion of Component D, on a Pro Rata and Pari Passu Basis (up to their respective principal balances,
together with accrued interest thereon at the Component Rate and any other amounts due to such Note Holders, as applicable), then
by each Note Holder of a Note that represents a portion of Component C, on a Pro Rata and Pari Passu Basis (up to their respective
principal balances, together with accrued interest thereon at the Component Rate and any other amounts due to such Note Holders,
as applicable), then by each Note Holder of a Note that represents a portion of Component B, on a Pro Rata and Pari Passu Basis
(up to their respective principal balances, together with accrued interest thereon at the Component Rate and any other amounts
due to such Note Holders, as applicable), and then by each Note Holder of a Note that represents a portion of Component A, on
a Pro Rata and Pari Passu Basis (up to their respective principal balances, together with accrued interest thereon at the Component
Rate and any other amounts due to such Note Holders, as applicable).

 

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Section
5.              Administration of Mortgage Loan.

 

(a)       Subject
to this Agreement (including but not limited to Section 5(b)) and the Lead Securitization Servicing Agreement, and subject
to the rights and consents, where required, of the Controlling Note Holder Representative, the Lead Securitization Note Holder
(or the Master Servicer, the Special Servicer or the Trustee acting on behalf of the Lead Securitization Note Holder) shall have
the sole and exclusive authority with respect to the administration of, and exercise of rights and remedies with respect to, the
Mortgage Loan, including, without limitation, the sole authority to modify or waive any of the terms of the Mortgage Loan Documents
or consent to any action or failure to act by the Mortgage Loan Borrower or any other party to the Mortgage Loan Documents, call
or waive any Event of Default, accelerate the Mortgage Loan or institute any foreclosure action or other remedy, and no Non-Lead
Securitization Note Holder shall have any voting, consent or other rights whatsoever except as explicitly set forth herein with
respect to the Lead Securitization Note Holder’s administration of, or exercise of its rights and remedies with respect
to, the Mortgage Loan. Subject to this Agreement and the Lead Securitization Servicing Agreement, each Non-Lead Securitization
Note Holder agrees that it shall have no right to, and hereby presently and irrevocably assigns and conveys to the Lead Securitization
Note Holder (or the Master Servicer, the Special Servicer or the Trustee acting on behalf of the Lead Securitization Note Holder)
the rights, if any, that such Note Holder has to, (i) call or cause the Lead Securitization Note Holder to call an Event of Default
under the Mortgage Loan, or (ii) exercise any remedies with respect to the Mortgage Loan or the Mortgage Loan Borrower, including,
without limitation, filing or causing the Lead Securitization Note Holder to file any bankruptcy petition against the Mortgage
Loan Borrower. The Lead Securitization Note Holder (or the Master Servicer, the Special Servicer or the Trustee acting on behalf
of the Lead Securitization Note Holder) shall not have any fiduciary duty to any Non-Lead Securitization Note Holder in connection
with the administration of the Mortgage Loan (but the foregoing shall not relieve the Lead Securitization Note Holder from the
obligation to make any disbursement of funds as set forth herein or its obligation to follow the Servicing Standard (in the case
of the Master Servicer or the Special Servicer) or any liability for failure to do so).

 

Upon
the Mortgage Loan becoming a Defaulted Loan, each Non-Lead Securitization Note Holder hereby acknowledges the right and obligation
of the Lead Securitization Note Holder (or the Special Servicer acting on behalf of the Lead Securitization Note Holder) to sell
the Non-Lead Securitization Notes together with the Lead Securitization Notes as notes evidencing one whole loan in accordance
with the terms of the Lead Securitization Servicing Agreement. In connection with any such sale, the Special Servicer shall be
required to sell each Non-Lead Securitization Note together with the Lead Securitization Notes in the manner set forth in the
Lead Securitization Servicing Agreement.

 

Notwithstanding
the foregoing, the Lead Securitization Note Holder (or the Special Servicer acting on its behalf) will not be permitted to sell
the Mortgage Loan if the Mortgage Loan becomes a Defaulted Loan without the written consent of each Non-Lead Securitization Note
Holder (provided that such consent is not required from any Non-Lead Securitization Note Holder that is a Borrower Affiliate)
unless the Special Servicer has delivered to each Non-Lead Securitization Note Holder: (a) at least 15 business days prior written
notice of any decision to attempt to sell the Mortgage Loan; (b) at least 10 days prior to the proposed sale

 

 

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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 Mortgage
Loan, and any documents in the servicing file reasonably requested by such Non-Lead Securitization Note Holder that are material
to the price of the Mortgage Loan; 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 such Non-Lead Securitization Note Holder may waive any of the delivery or timing requirements described
in this sentence. Subject to the terms of the Lead Securitization Servicing Agreement, each Non-Lead Securitization Note Holder
(or its representative) that is not a Borrower Affiliate shall be permitted to submit an offer at any sale of the Mortgage Loan.

 

Each
Non-Lead Securitization Note Holder hereby appoints the Lead Securitization Note Holder as its agent, and grants to the Lead Securitization
Note Holder an irrevocable power of attorney coupled with an interest, and its proxy, for the purpose of soliciting and accepting
offers for and consummating the sale of the Non-Lead Securitization Notes. Each Non-Lead Securitization Note Holder further agrees
that, upon the request of the Lead Securitization Note Holder, each Non-Lead Securitization Note Holder shall execute and deliver
to or at the direction of Lead Securitization Note Holder such powers of attorney or other instruments as the Lead Securitization
Note Holder may reasonably request to better assure and evidence the foregoing appointment and grant, in each case promptly following
request, and shall deliver the related original Non-Lead Securitization Note, endorsed in blank, to or at the direction of the
Lead Securitization Note Holder in connection with the consummation of any such sale.

 

The
authority of the Lead Securitization Note Holder to sell the Non-Lead Securitization Notes, and the obligations of the Non-Lead
Securitization Note Holders to execute and deliver instruments or deliver the Non-Lead Securitization Note upon request of the
Lead Securitization Note Holder, shall terminate and cease to be of any further force or effect upon the date, if any, upon which
the Lead Securitization is terminated in accordance with its terms.

 

(b)       If
any Note is included as an asset of a real estate mortgage investment conduit within the meaning of Section 860D(a) of the Code
(a “REMIC”), then, any provision of this Agreement to the contrary notwithstanding: (i) the Mortgage Loan shall
be administered such that the Notes shall qualify at all times as (or as interests in) a “qualified mortgage” within
the meaning of Section 860G(a)(3) of the Code, (ii) any real property (and related personal property) acquired by or on behalf
of the Note Holders pursuant to a foreclosure, exercise of a power of sale or delivery of a deed in lieu of foreclosure of the
Mortgage or lien on such property following a default on the Mortgage Loan shall be administered so that the interest of each
Note Holder therein shall at all times qualify as “foreclosure property” within the meaning of Section 860G(a)(8)
of the Code and (iii) no Servicer may modify, waive or amend any provision of the Mortgage Loan, consent to or withhold consent
from any action of the Mortgage Loan Borrower, or exercise or refrain from exercising any powers or rights which the Note Holders
may have under the Mortgage Loan Documents, if any such action would constitute a “significant modification” of the
Mortgage Loan, within the meaning of Section 1.860G-2(b) of

 

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the regulations of the United States Department of the Treasury, more
than three (3) months after the startup day of the REMIC which includes the Notes (or any portion thereof). Each Note Holder agrees
that the provisions of this paragraph shall be effected by compliance with any REMIC provisions in the Lead Securitization Servicing
Agreement relating to the administration of the Mortgage Loan.

 

Anything
herein or in the Lead Securitization Servicing Agreement to the contrary notwithstanding, if one of the Notes is included in a
REMIC, but others are not, other Note Holders whose Notes are not included in a REMIC shall not be required to reimburse such
Note Holder or any other Person for payment of (i) any taxes imposed on such REMIC, (ii) any costs or expenses relating to the
administration of such REMIC or to any determination respecting the amount, payment or avoidance of any tax under such REMIC or
(iii) any advances for any of the foregoing or any interest thereon or for deficits in other items of disbursement or income resulting
from the use of funds for payment of any such taxes, costs or expenses or advances, nor shall any disbursement or payment otherwise
distributable to the other Note Holders be reduced to offset or make-up any such payment or deficit.

 

(c)       The
Mortgage Loan shall be treated as a single loan for purposes of calculating the Appraisal Reduction Amount. Appraisal Reduction
Amounts with respect to the Mortgage Loan shall be allocated first, Component HRR (pro rata to each Component thereof based
upon their respective outstanding principal balances), up to the full outstanding principal balance thereof, then to Component
H (pro rata to each Component thereof based upon their respective outstanding principal balances), up to the full outstanding
principal balance thereof, then to Component G (pro rata to each Component thereof based upon their respective outstanding
principal balances), up to the full outstanding principal balance thereof, then to Component F (pro rata to each Component
thereof based upon their respective outstanding principal balances), then to Component E (pro rata to each Component thereof
based upon their respective outstanding principal balances), then to Component D (pro rata to each Component thereof based
upon their respective outstanding principal balances), then to Component C (pro rata to each Component thereof based upon
their respective outstanding principal balances), then to Component B (pro rata to each Component thereof based upon their
respective outstanding principal balances), and then to Component A (pro rata to each component thereof based upon their
respective outstanding principal balances), in each case up to the full outstanding principal balance thereof.

 

(d)       Prior
to calculating any amount of interest or principal due to the Note Holders under Section 3 hereof, the Servicer shall reduce
the principal balances of the Components in reverse sequential order (and therefore the principal balances of the applicable Notes
comprised of such Components) (and on a pro rata and pari passu basis among the Components within each Component
Pair) by any Realized Loss with respect to the Mortgage Loan.

 

Section
6.                  Appointment of Controlling Note Holder Representative and Non-Lead Note Holder Representative.

 

(a)       The
Controlling Note Holder shall have the right at any time to appoint a representative in connection with the exercise of its rights
and obligations with respect to the

 

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Mortgage Loan (the “Controlling Note Holder Representative”). The Controlling
Note Holder shall have the right in its sole discretion at any time and from time to time to remove and replace the Controlling
Note Holder Representative in accordance with the terms of the Lead Securitization Servicing Agreement. When exercising its various
rights under this Agreement, the Controlling Note Holder may, at its option, in each case, act through the Controlling Note Holder
Representative. The Controlling Note Holder Representative may be any Person (other than the Mortgage Loan Borrower or any Borrower
Affiliate), including, without limitation, the Controlling Note Holder, any officer or employee of the Controlling Note Holder,
any affiliate of the Controlling Note Holder or any other unrelated third party. No such Controlling Note Holder Representative
shall owe any fiduciary duty or other duty to any other Person (other than the Controlling Note Holder). All actions that are
permitted to be taken by the Controlling Note Holder under this Agreement may be taken by the Controlling Note Holder Representative
acting on behalf of the Controlling Note Holder. No Servicer, Operating Advisor, Trustee or Certificate Administrator acting on
behalf of the Lead Securitization Note Holder shall be required to recognize any Person as a Controlling Note Holder Representative
until the Controlling Note Holder has notified each Servicer, the Operating Advisor, the Trustee and the Certificate Administrator
of such appointment and, if the Controlling Note Holder Representative is not the same Person as the Controlling Note Holder,
the Controlling Note Holder Representative provides each Servicer, the Operating Advisor, the Trustee and the Certificate Administrator
with written confirmation of its acceptance of such appointment (and such parties will be entitled to rely on such notice), an
address and facsimile number for the delivery of notices and other correspondence and a list of officers or employees of such
Person with whom the parties to this Agreement may deal (including their names, titles, work addresses and facsimile numbers).
The Controlling Note Holder shall promptly deliver such information to each Servicer, the Operating Advisor, the Trustee and the
Certificate Administrator.

 

(b)       Neither
the Controlling Note Holder Representative nor the Controlling Note Holder will have any liability to the other Note Holders or
any other Person for any action taken, or for refraining from the taking of any action or the giving of any consent or the failure
to give any consent pursuant to this Agreement or the Lead Securitization Servicing Agreement, or errors in judgment, absent any
loss, liability or expense incurred by reason of its willful misfeasance, bad faith or gross negligence. The Note Holders agree
that the Controlling Note Holder Representative and the Controlling Note Holder (whether acting in place of the Controlling Note
Holder Representative when no Controlling Note Holder Representative shall have been appointed hereunder or otherwise exercising
any right, power or privilege granted to the Controlling Note Holder hereunder) may take or refrain from taking actions, or give
or refrain from giving consents, that favor the interests of one Note Holder over the other Note Holder, and that the Controlling
Note Holder Representative may have special relationships and interests that conflict with the interests of a Note Holder and,
absent willful misfeasance, bad faith or gross negligence on the part of the Controlling Note Holder Representative or the Controlling
Note Holder, as the case may be, agree to take no action against the Controlling Note Holder Representative, the Controlling Note
Holder or any of their respective officers, directors, employees, principals or agents as a result of such special relationships
or interests, and that neither the Controlling Note Holder Representative nor the Controlling Note Holder will be deemed to have
been grossly negligent or reckless, or to have acted in bad faith or engaged in willful misfeasance or to have recklessly disregarded
any exercise of its rights by

 

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reason of its having acted or refrained from acting, or having given any consent or having failed
to give any consent, solely in the interests of any Note Holder.

 

(c)       The
Controlling Note Holder shall be entitled to exercise the rights and powers granted to the Lead Securitization Note Holder hereunder
and the rights and powers granted to the “controlling class representative” or similar party under, and as
defined in, the Lead Securitization Servicing Agreement with respect to the Mortgage Loan. In addition, the Controlling Note Holder
shall be entitled to advise (1) the Special Servicer with respect to all Major Decisions related to a “Specially Serviced
Mortgage Loan” (as defined in the Lead Securitization Servicing Agreement) and (2) the Special Servicer with respect to
all Major Decisions for which the Servicer must obtain the consent or deemed consent of the Special Servicer, and, except as set
forth below (i) the Master Servicer shall not be permitted to implement any Major Decision unless it has obtained the prior consent
of the Special Servicer and (ii) prior to the occurrence and continuance of a Control Event (as defined in the Lead Securitization
Servicing Agreement), the Special Servicer shall not be permitted to consent to the Master Servicer’s implementing any Major
Decision nor will the Special Servicer itself be permitted to implement any Major Decision as to which the Controlling Note Holder
has objected in writing within ten (10) Business Days after receipt of the written analysis and such additional information requested
by the Controlling Note Holder as may be necessary in the reasonable judgment of the Controlling Note Holder in order to make
a judgment with respect to such Major Decision. The Controlling Note Holder may also direct the Special Servicer to take, or to
refrain from taking, such other actions with respect to the Mortgage Loan as the Controlling Note Holder may deem advisable.

 

If
the Controlling Note Holder fails to notify the Special Servicer of its approval or disapproval of any proposed Major Decision
within ten Business Days after delivery to the Controlling Note Holder by the applicable Servicer of written notice of a proposed
Major Decision, together with any information requested by the Controlling Note Holder as may be necessary in the reasonable judgment
of the Controlling Note Holder in order to make a judgment, then upon the expiration of such ten Business Days such Major Decision
shall be deemed to have been approved by the Controlling Note Holder.

 

In
the event that the Special Servicer or Master Servicer (in the event the Servicer is otherwise authorized by the Lead Securitization
Servicing Agreement to take such action), as applicable, determines that immediate action, with respect to the foregoing matters,
or any other matter requiring consent of the Controlling Note Holder, prior to the occurrence and continuance of a Control Event
pursuant to the Lead Securitization Agreement (or consultation with the Controlling Note Holder after the occurrence and during
the continuance of a Control Event, but prior to the occurrence of a Consultation Termination Event (as defined in the Lead Securitization
Servicing Agreement)), is necessary to protect the interests of the Note Holders (as a collective whole taking into account the
subordination of the Components) and the Special Servicer has made a reasonable effort to contact the Controlling Note Holder,
the Master Servicer or the Special Servicer, as the case may be, may take any such action without waiting for the Controlling
Note Holder’s response.

 

No
objection contemplated by the preceding paragraphs may require or cause the Master Servicer or the Special Servicer, as applicable,
to violate any provision of the Mortgage

 

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Loan Documents, applicable law, the Lead Securitization Servicing Agreement, this Agreement,
the REMIC provisions of the Code or the Master Servicer or Special Servicer’s obligation to act in accordance with the Servicing
Standard or materially expand the scope of responsibilities of any of the Master Servicer or Special Servicer, as applicable.

 

The
Controlling Note Holder shall have no liability to the other Note Holders or any other party for any action taken, or for refraining
from the taking of any action or the giving of any consent or the failure to give any consent pursuant to this Agreement or the
Lead Securitization Servicing Agreement, or errors in judgment, absent any loss, liability or expense incurred by reason of its
willful misfeasance, bad faith or gross negligence. The Note Holders agree that the Controlling Note Holder may take or refrain
from taking actions, or give or refrain from giving consents, that favor the interests of one Note Holder over the other Note
Holders, and that the Controlling Note Holder may have special relationships and interests that conflict with the interests of
another Note Holder and, absent willful misconduct, bad faith or gross negligence on the part of the Controlling Note Holder,
agree to take no action against the Controlling Note Holder or any of its officers, directors, employees, principals or agents
as a result of such special relationships or interests, and that the Controlling Note Holder shall not be deemed to have been
grossly negligent or reckless, or to have acted in bad faith or engaged in willful misconduct or to have recklessly disregarded
any exercise of its rights by reason of its having acted or refrained from acting, or having given any consent or having failed
to give any consent, solely in the interests of any Note Holder.

 

(d)       Each
Non-Lead Note Holder shall have the right at any time to appoint a representative in connection with the exercise of its rights
and obligations with respect to the Mortgage Loan (the “Non-Lead Note Holder Representative”). Each Non-Lead
Note Holder shall have the right in its sole discretion at any time and from time to time to remove and replace the Non-Lead Note
Holder Representative in accordance with the terms of the Lead Securitization Servicing Agreement. When exercising its various
rights under Section 5 and elsewhere in this Agreement, each Non-Lead Note Holder may, at its option, in each case, act
through its Non-Lead Note Holder Representative. The Non-Lead Note Holder Representative may be any Person (other than a Borrower
Affiliate), including, without limitation, the related Non-Lead Note Holder, any officer or employee of the related Non-Lead Note
Holder, any affiliate of the related Non-Lead Note Holder or any other unrelated third party. No such Non-Lead Note Holder Representative
shall owe any fiduciary duty or other duty to any other Person (other than such Non-Lead Note Holder). All actions that are permitted
to be taken by each Non-Lead Note Holder under this Agreement may be taken by a Non-Lead Note Holder Representative acting on
behalf of such Non-Lead Note Holder.

 

(e)       No
Servicer, Trustee, Operating Advisor or Certificate Administrator acting on behalf of the Lead Securitization Note Holder shall
be required to recognize any Person as a Non-Lead Note Holder Representative until the related Non-Lead Note Holder has notified
each Servicer, Trustee, Operating Advisor and Certificate Administrator of such appointment and, if the Non-Lead Note Holder Representative
is not the same Person as the related Non-Lead Note Holder, the Non-Lead Note Holder Representative provides each Servicer, Trustee,
Operating Advisor and Certificate Administrator with written confirmation of its acceptance of such appointment (and such parties
will be entitled to rely on such notice), an address and facsimile number for the delivery of notices and other correspondence
and a list of

 

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officers or employees of such Person with whom the parties to this Agreement may deal (including their names, titles,
work addresses and facsimile numbers). The related Non-Lead Note Holder shall promptly deliver such information to each Servicer,
Operating Advisor, Trustee and Certificate Administrator.

 

(f)       (1)
the Lead Securitization Note Holder (or the Special Servicer acting on its behalf) shall be required to provide to each Non-Lead
Note Holder (or its related Non-Lead Note Holder Representative) (i) notice, information and reports with respect to any Major
Decisions (similar to such notice, information and report it is required to deliver to the Directing Holder pursuant to the Lead
Securitization Servicing Agreement) (for this purpose, without regard to whether such items are actually required to be provided
to the Directing Holder under the Lead Securitization Servicing Agreement due to the occurrence of a Control Termination Event
or a Consultation Termination Event) and (ii) a summary of the Asset Status Report relating to the Mortgage Loan (at the same
time as it is required to deliver to the Directing Holder pursuant to the Lead Securitization Servicing Agreement) and (2) the
Lead Securitization Note Holder (or the Special Servicer acting on its behalf) shall be required to consult with each Non-Lead
Note Holder (or its related Non-Lead Note Holder Representative) on a strictly non-binding basis with respect to any such Major
Decision or the implementation of any recommended actions in the summary of the Asset Status Report relating to the Mortgage Loan,
and consider alternative actions recommended by the related Non-Lead Note Holder (or its related Non-Lead Note Holder Representative);
provided that after the expiration of a period of ten Business Days from the delivery to a Non-Lead Note Holder (or its
related Non-Lead Note Holder Representative) by the Lead Securitization Note Holder of written notice of a proposed action, together
with copies of the notice, information and report required to be provided to the Non-Lead Note Holder, the Lead Securitization
Note Holder (or the Special Servicer acting on its behalf) shall no longer be obligated to consult with such Non-Lead Note Holder
(or its related Non-Lead Note Holder Representative), whether or not such Non-Lead Note Holder (or its related Non-Lead Note Holder
Representative) has responded within such ten Business Day period unless the Lead Securitization Note Holder (or the Master Servicer
or the Special Servicer acting on its behalf) proposes a new course of action that is materially different from the action previously
proposed, in which case such ten 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 any Non-Lead Note Holder (or its related Non-Lead
Note Holder Representative) set forth in the immediately preceding sentence, the Lead Securitization Note Holder (or Special Servicer
acting on its behalf) may make any Major Decision or take any action set forth in the Asset Status Report before the expiration
of the aforementioned ten Business Day period if the Lead Securitization Note Holder (or Special Servicer) determines that immediate
action with respect thereto is necessary to protect the interests of the Note Holders. In no event shall the Lead Securitization
Note Holder (or Servicer or Special Servicer, acting on its behalf) be obligated at any time to follow or take any alternative
actions recommended by any Non-Lead Note Holder (or its related Non-Lead Note Holder Representative).

 

(g)       In
addition to the consultation rights of a Non-Lead Note Holder (or its related Non-Lead Note Holder Representative) provided in
the immediately preceding paragraph, each Non-Lead Note Holder shall have the right to attend annual meetings (either telephonically
or in person, in the discretion of the Servicer) with the Lead Securitization Note Holder (or the Master Servicer or the Special
Servicer acting on its behalf) at the offices of the

 

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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, in which servicing issues related
to the Mortgage Loan are discussed; provided that each Non-Lead Note Holder, at the request of the Master Servicer or the
Special Servicer, as applicable, shall execute a confidentiality agreement in form and substance satisfactory to it, the Master
Servicer or the Special Servicer, as applicable, and the Lead Securitization Note Holder.

 

Section
7.                Appointment of Special Servicer. Subject
to the terms of the Lead Securitization Servicing Agreement, the Controlling Note Holder (or its Controlling Note Holder Representative)
shall have the right at any time and from time to time, with or without cause, to replace the Special Servicer then acting with
respect to the Mortgage Loan and appoint a replacement Special Servicer in lieu thereof. Any designation by the Controlling Note
Holder (or its Controlling Note Holder Representative) of a Person to serve as Special Servicer shall be made by delivering to
the other Note Holder, the Master Servicer, the then existing Special Servicer and other parties to the Lead Securitization Servicing
Agreement a written notice stating such designation and satisfying the other conditions to such replacement as set forth in the
Lead Securitization Servicing Agreement and, if such replacement Special Servicer does not have the Required Special Servicer
Rating for each Rating Agency then rating a Non-Lead Securitization, delivering a Rating Agency Confirmation from each such Rating
Agency. The Controlling Note Holder shall be solely responsible for any expenses incurred in connection with any such replacement
without cause. The Controlling Note Holder shall notify the other parties hereto of its termination of the then currently serving
Special Servicer and its appointment of a replacement Special Servicer in accordance with this Section 7 and promptly deliver
all information necessary for any Non-Lead Securitization to comply with any applicable reporting requirements under the Exchange
Act. Any such appointment of a replacement Special Servicer will not become effective unless all such information has been delivered
to the Non-Lead Securitization Holders. If the Controlling Note Holder has not appointed a Special Servicer with respect to the
Mortgage Loan as of the consummation of the securitization under the Lead Securitization Servicing Agreement, then the initial
Special Servicer designated in the Lead Securitization Servicing Agreement shall serve as the initial Special Servicer but this
shall not limit the right of the Controlling Note Holder (or its Controlling Note Holder Representative) to designate a replacement
Special Servicer for the Mortgage Loan as aforesaid.

 

If
a Special Servicer Termination Event has occurred with respect to the Special Servicer that affects a Non-Lead Note Holder, such
Non-Lead Note Holder shall have the right to direct the Trustee (or at any time that the Mortgage Loan is no longer included in
a Securitization Trust, the Controlling Note Holder) to terminate the Special Servicer under the Lead Securitization Servicing
Agreement (or at any time that the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement,
the successor servicing agreement pursuant to which the Mortgage Loan is being serviced) pursuant to and in accordance with the
terms of the Lead Securitization Servicing Agreement (or at any time that the Mortgage Loan is no longer subject to the provisions
of the Lead Securitization Servicing Agreement, the successor servicing agreement pursuant to which the Mortgage Loan is being
serviced). The Controlling Note Holder and the Non-Lead Note Holders acknowledge and agree that any successor special servicer
appointed to replace the Special Servicer with respect to the Mortgage Loan that was terminated for cause at any Non-Lead Note
Holder’s direction cannot at any time be the person (or an Affiliate thereof) that was so terminated without the prior written
consent of

 

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such Non-Lead Note Holder. The applicable Non-Lead Note Holder shall be solely responsible for reimbursing the Trustee’s
or the Controlling Note Holder’s, as applicable, costs and expenses, if not paid within a reasonable time by the terminated
special servicer and, in the case of the Trustee, that would otherwise be reimbursed to the Trustee from amounts on deposit in
the Collection Account or Companion Distribution Account.

 

Section
8.               Payment Procedure.

 

(a)       The
Lead Securitization Note Holder, in accordance with the priorities set forth in Section 3 and subject to the terms of the
Lead Securitization Servicing Agreement, shall deposit or cause to be deposited all payments and collections on the Mortgage Loan
to the Collection Account and the portion of such payments and collections that are distributable to the Non-Lead Securitization
Note Holders shall be deposited into the Companion Distribution Account pursuant to and in accordance with the Lead Securitization
Servicing Agreement. The Lead Securitization Note Holder (or the Master Servicer acting on its behalf) shall (i) deposit such
amounts to the applicable account within two Business Days after receipt of properly identified funds by the Lead Securitization
Note Holder (or the Master Servicer acting on its behalf) from or on behalf of the Mortgage Loan Borrower and (ii) remit from
the applicable account (A) prior to the Securitization Date, within two Business Days of receipt of properly identified funds
(unless otherwise specified pursuant to an interim servicing agreement) and (B) on or after the Securitization Date, (A) with
respect to the Lead Securitization Notes, the remittance date under the Lead Securitization Servicing Agreement for the Lead Securitization
Notes and (B) with respect to each Non-Lead Securitization Note, (x) prior to the Non-Lead Securitization, the remittance date
under the Lead Securitization Servicing Agreement for the Lead Securitization Notes and (y) on or after the Non-Lead Securitization,
the earlier of the remittance date under the Lead Securitization Servicing Agreement and the business day immediately succeeding
the “determination date” set forth in the related Non-Lead Securitization Servicing Agreement for such Non-Lead Securitization
Notes, provided such “determination date” shall not be earlier than the 1st day of the month. all
payments received and allocable pursuant to this Agreement and the Lead Securitization Servicing Agreement with respect to the
Non-Lead Securitization Notes (net of amounts payable or reimbursable from such account) by wire transfer to accounts maintained
by the applicable Note Holder.

 

(b)       If
the Lead Securitization Note Holder determines, or a court of competent jurisdiction orders, at any time that any amount received
or collected in respect of any Note must, pursuant to any insolvency, bankruptcy, fraudulent conveyance, preference or similar
law, be returned to the Mortgage Loan Borrower or paid to the Lead Securitization Note Holder, a Non-Lead Securitization Note
Holder or any Servicer or paid to any other Person, then, notwithstanding any other provision of this Agreement, the Lead Securitization
Note Holder shall not be required to distribute any portion thereof to such Non-Lead Securitization Note Holders and such Non-Lead
Securitization Note Holder shall promptly on demand by the Lead Securitization Note Holder repay to the Lead Securitization Note
Holder any portion thereof that the Lead Securitization Note Holder shall have theretofore distributed to such Non-Lead Securitization
Note Holder, together with interest thereon at such rate, if any, as the Lead Securitization Note Holder shall have been required
to pay to any Mortgage Loan Borrower, Master Servicer, Special Servicer or such other Person with respect thereto.

 

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(c)       If,
for any reason, the Lead Securitization Note Holder makes any payment to a Non-Lead Securitization Note Holder before the Lead
Securitization Note Holder has received the corresponding payment (it being understood that the Lead Securitization Note Holder
is under no obligation to do so), and the Lead Securitization Note Holder does not receive the corresponding payment within five
Business Days of its payment to such Non-Lead Securitization Note Holder, such Non-Lead Securitization Note Holder shall, at the
Lead Securitization Note Holder’s request, promptly return that payment to the Lead Securitization Note Holder.

 

(d)       Each
Note Holder agrees that if at any time it receives from any source any payment on account of the Mortgage Loan in excess of its
distributable share thereof, it shall promptly remit such excess to the applicable Note Holder(s), subject to this Agreement and
the Lead Securitization Servicing Agreement. The Lead Securitization Note Holder shall have the right to offset any amounts due
hereunder from a Non-Lead Securitization Note Holder with respect to the Mortgage Loan against any future payments due to such
Non-Lead Securitization Note Holder under the Mortgage Loan. Such Non-Lead Securitization Note Holder’s obligations under
this Section 8 constitute absolute, unconditional and continuing obligations.

 

Section
9.               Limitation on Liability of Note Holders. Subject
to the terms of the Lead Securitization Servicing Agreement governing limitation on the liabilities of the Master Servicer, the
Special Servicer, the Trustee, the Certificate Administrator and the Operating Advisor each Note Holder shall have no liability
to any other Note Holder with respect to its Note except with respect to losses actually suffered due to the negligence, willful
misconduct or breach of this Agreement on the part of such Note Holder.

 

The
Note Holders acknowledge that, subject to the obligation of the Lead Securitization Note Holder (including any Servicer and the
Trustee) to comply with, and except as otherwise required by, the Servicing Standard, the Lead Securitization Note Holder (including
any Servicer and the Trustee) may exercise, or omit to exercise, any rights that the Lead Securitization Note Holder may have
under the Lead Securitization Servicing Agreement in a manner that may be adverse to the interests of any Non-Lead Securitization
Note Holder and that the Lead Securitization Note Holder (including any Servicer and the Trustee) shall have no liability whatsoever
to any Non-Lead Securitization Note Holder in connection with the Lead Securitization Note Holder’s exercise of rights or
any omission by the Lead Securitization Note Holder to exercise such rights other than as described above. However, the Servicer
must act in accordance with the Servicing Standard.

 

Section
10.               Bankruptcy. Subject to Section
5(b), each Note Holder hereby agrees that only the Lead Securitization Note Holder has the right to institute, file, commence,
acquiesce, petition under Bankruptcy Code Section 303 or otherwise or join any Person in any such petition or otherwise invoke
or cause any other Person to invoke an Insolvency Proceeding with respect to or against the Mortgage Loan Borrower or seek to
appoint a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official with respect to the Mortgage
Loan Borrower or all or any part of its property or assets or ordering the winding-up or liquidation of the affairs of the Mortgage
Loan Borrower. Each Note Holder further agrees that only the Lead Securitization Note Holder, and not any of the Non-Lead Securitization
Note Holders, can make any election, give any consent, commence any action or file any motion,

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claim, obligation, notice or application
or take any other action in any case by or against the Mortgage Loan Borrower under the Bankruptcy Code or in any other Insolvency
Proceeding. The Note Holders hereby appoint the Lead Securitization Note Holder as their agent, and grant to the Lead Securitization
Note Holder an irrevocable power of attorney coupled with an interest, and their proxy, for the purpose of exercising any and
all rights and taking any and all actions available to the Non-Lead Securitization Note Holders in connection with any case by
or against the Mortgage Loan Borrower under the Bankruptcy Code or in any other Insolvency Proceeding, including, without limitation,
the right to file and/or prosecute any claim, vote to accept or reject a plan, to make any election under Section 1111(b) of the
Bankruptcy Code with respect to the Mortgage Loan, and to file a motion to modify, lift or terminate the automatic stay with respect
to the Mortgage Loan. The Note Holders hereby agree that, upon the request of the Lead Securitization Note Holder, each Non-Lead
Securitization Note Holder shall execute, acknowledge and deliver to the Lead Securitization Note Holder all and every such further
deeds, conveyances and instruments as the Lead Securitization Note Holder may reasonably request for the better assuring and evidencing
of the foregoing appointment and grant. All actions taken by the Servicer in connection with any Insolvency Proceeding are subject
to and must be in accordance with the Servicing Standard.

 

Section
11.                 Representations of Note
Holders. Each Note Holder represents and warrants that the execution, delivery and performance of this Agreement is within
its corporate powers, has been duly authorized by all necessary corporate action, and does not contravene such Note Holder’s
charter or any law or contractual restriction binding upon such Note Holder, and that this Agreement is the legal, valid and binding
obligation of such Note Holder enforceable against such Note Holder in accordance with its terms, except as such enforcement may
be limited by bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’
rights generally, and by general principles of equity (regardless of whether such enforceability is considered in a proceeding
in equity or at law), and except that the enforcement of rights with respect to indemnification and contribution obligations may
be limited by applicable law. Each Note Holder represents and warrants that it is duly organized, validly existing, in good standing
and in possession of all licenses and authorizations necessary to carry on its business. Each Note Holder represents and warrants
that (a) this Agreement has been duly executed and delivered by such Note Holder, (b) to such Note Holder’s actual knowledge,
all consents, approvals, authorizations, orders or filings of or with any court or governmental agency or body, if any, required
for the execution, delivery and performance of this Agreement by such Note Holder have been obtained or made and (c) to such Note
Holder’s actual knowledge, there is no pending action, suit or proceeding, arbitration or governmental investigation against
such Note Holder, an adverse outcome of which would materially and adversely affect its performance under this Agreement.

 

Section
12.                No Creation of Partnership
or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto shall be deemed to constitute
the relationship created hereby between the Note Holders as a partnership, association, joint venture or other entity. No Note
Holder shall have any obligation whatsoever to offer to any other Note Holder the opportunity to purchase a participation interest
in any future loans originated by such Note Holder or its Affiliates and if any Note Holder chooses to offer to any other Note
Holder the opportunity to purchase a participation interest in any future mortgage loans originated by such Note Holder or its
Affiliates, such offer shall be at such purchase price

 

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and interest rate as such Note Holder chooses, in its sole and absolute
discretion. No Note Holder shall have any obligation whatsoever to purchase from any other Note Holder a participation interest
in any future loans originated by such Note Holder or its Affiliates.

 

Section
13.                 Other Business Activities
of Note Holders. Each Note Holder acknowledges that the other Note Holders or their Affiliates may make loans or otherwise
extend credit to, and generally engage in any kind of business with, the Mortgage Loan Borrower or any Affiliate thereof, any
entity that is a holder of debt secured by direct or indirect ownership interests in the Mortgage Loan Borrower or any entity
that is a holder of a preferred equity interest in the Mortgage Loan Borrower, and receive payments on such other loans or extensions
of credit and otherwise act with respect thereto freely and without accountability in the same manner as if this Agreement and
the transactions contemplated hereby were not in effect.

 

Section
14.                 Sale of Notes.

 

(a)       Each
Note Holder agrees that it will not sell, assign, transfer, pledge, syndicate, participate, hypothecate, contribute, encumber
or otherwise dispose (either (i) directly or (ii) indirectly through entering into a derivatives contract or any other similar
agreement, excluding a repo financing or a Pledge in accordance with Section 14(d)) of a Note (a “Transfer”)
except to a Qualified Institutional Lender. Promptly after any Transfer, the non-transferring Note Holders shall be provided with
(x) a representation from the transferee or the applicable Note Holder certifying that such transferee is a Qualified Institutional
Lender (except in the case of a Transfer to a Securitization (and the related pooling and servicing or similar agreement requires
the parties thereto to comply with this Agreement) or in accordance with the immediately following sentence) and (y) a copy of
the assignment and assumption agreement referred to in Section 15. If a Note Holder intends to Transfer its respective
Note, or any portion thereof, to an entity that is not a Qualified Institutional Lender, it must first obtain (x) prior to a Securitization,
the consent of each non-transferring Note Holder, in which case such new Note Holder shall be deemed to be a Qualified Institutional
Lender pursuant to this Agreement, or (2) after a Securitization of such non-transferring Note Holder’s Note, Rating Agency
Confirmation from each of the applicable Rating Agencies for such Securitization Trust (after which, such new Note Holder shall
be deemed to be a Qualified Institutional Lender pursuant to this Agreement). Notwithstanding the foregoing, without the non-transferring
Note Holder’s prior consent (which will not be unreasonably withheld), and, if such non-transferring Note Holder’s
Note is held in a Securitization Trust, without Rating Agency Confirmation, no Note Holder shall Transfer all or any portion of
its Note (or a participation interest in such Note) to the Mortgage Loan Borrower or a Borrower Affiliate and any such Transfer
shall be absolutely null and void ab initio and shall vest no rights in the purported transferee. The transferring Note
Holder agrees that it shall pay the expenses of the non-transferring Note Holder (including all expenses of the Master Servicer,
the Special Servicer and the Trustee) and all expenses relating to the confirmation from the Rating Agencies in connection with
any such Transfer. Notwithstanding the foregoing, each Note Holder shall have the right, without the need to obtain the consent
of any other Note Holder, the Rating Agencies or any other Person, to Transfer 49% or less (in the aggregate) of its Note or any
beneficial interest in its Note whether or not the related transferee is a Qualified Institutional Lender. None of the provisions
of this Section 14(a) shall apply in the case of (1) a sale of all of the Notes in accordance with the terms

 

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and conditions
of the Lead Securitization Servicing Agreement or (2) a transfer by the Special Servicer, in accordance with the terms and conditions
of the Lead Securitization Servicing Agreement, of the Mortgage Loan or the Mortgaged Properties, upon the Mortgage Loan becoming
a Defaulted Loan, to a single member limited liability or limited partnership, 100% of the equity interest in which is owned directly
or indirectly, through one or more single member limited liability companies or limited partnerships, by the Lead Securitization
Trust.

 

(b)       In
the case of any Transfer of a participation interest in any of the Notes, (i) the respective Note Holders’ obligations under
this Agreement shall remain unchanged, (ii) such Note Holders shall remain solely responsible for the performance of such obligations,
and (iii) the Lead Securitization Note Holder and any Persons acting on its behalf shall continue to deal solely and directly
with such Note Holder in connection with such Note Holder’s rights and obligations under this Agreement and the Lead Securitization
Servicing Agreement, and all amounts payable hereunder shall be determined as if such Note Holder had not sold such participation
interest.

 

(c)       Any
Note Holder may pledge (a “Pledge”) its Note to any entity (other than the Mortgage Loan Borrower or any Borrower
Affiliate) which has extended a credit facility to such Note Holder or has entered into a repurchase agreement with such Note
Holder that, in each case, is either a Qualified Institutional Lender or a financial institution whose long-term unsecured debt
is rated at least “A” (or the equivalent) or better by each Rating Agency or to an entity with respect to which Rating
Agency Confirmation has been obtained pursuant to this Section 14 (each a “Note Pledgee”), on terms
and conditions set forth in this Section 14(c), it being further agreed that a financing provided by a Note Pledgee to
a Note Holder or any Person which Controls such Note that is secured by its Note and is structured as a repurchase arrangement,
shall qualify as a “Pledge” hereunder and Rating Agency Confirmation shall not be required, provided that a
Note Pledgee which is not a Qualified Institutional Lender may not take title to the pledged Note without a Rating Agency Confirmation.
Upon written notice by the applicable Note Holder to any other Note Holder and any Servicer that a Pledge has been effected (including
the name and address of the applicable Note Pledgee), such other Note Holder agrees to acknowledge receipt of such notice and
thereafter agrees: (i) to give Note Pledgee written notice of any default by the pledging Note Holder in respect of its obligations
under this Agreement of which default such Note Holder has actual knowledge; (ii) to allow such Note Pledgee a period of ten days
to cure a default by the pledging Note Holder in respect of its obligations to any other Note Holder hereunder, but such Note
Pledgee shall not be obligated to cure any such default; (iii) that no amendment, modification, waiver or termination of this
Agreement shall be effective against such Note Pledgee without the written consent of such Note Pledgee, which consent shall not
be unreasonably withheld, conditioned or delayed; (iv) that such other Note Holder shall give to such Note Pledgee copies of any
notice of default under this Agreement simultaneously with the giving of same to the pledging Note Holder; (v) that such other
Note Holder shall deliver to Note Pledgee such certificate(s) as Note Pledgee shall reasonably request, provided that any
such certificate(s) shall be in a form reasonably satisfactory to such other Note Holder; and (vi) that, upon written notice (a
“Redirection Notice”) to the other Note Holders and any Servicer by such Note Pledgee that the pledging Note
Holder is in default, beyond any applicable cure periods, under the pledging Note Holder’s obligations to such Note Pledgee
pursuant to the applicable credit agreement between the pledging Note Holder and such Note Pledgee (which notice need not be joined
in or confirmed

 

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by the pledging Note Holder), and until such Redirection Notice is withdrawn or rescinded by such Note Pledgee,
Note Pledgee shall be entitled to receive any payments that any Note Holder or Servicer would otherwise be obligated to pay to
the pledging Note Holder from time to time pursuant to this Agreement or the Lead Securitization Servicing Agreement. Any pledging
Note Holder hereby unconditionally and absolutely releases the other Note Holders and each Servicer from any liability to the
pledging Note Holder on account of such other Note Holder’s or Servicer’s compliance with any Redirection Notice believed
by any Servicer or such other Note Holder to have been delivered by a Note Pledgee. A Note Pledgee shall be permitted to exercise
fully its rights and remedies against the pledging Note Holder to such Note Pledgee (and accept an assignment in lieu of foreclosure
as to such collateral), in accordance with applicable law and this Agreement. In such event, the Note Holders and any Servicer
shall recognize such Note Pledgee (and any transferee other than the Mortgage Loan Borrower or any Affiliate thereof that is also
a Qualified Institutional Lender at any foreclosure or similar sale held by such Note Pledgee or any transfer in lieu of foreclosure),
and its successor and assigns, as the successor to the pledging Note Holder’s rights, remedies and obligations under this
Agreement, and any such Note Pledgee or Qualified Institutional Lender shall assume in writing the obligations of the pledging
Note Holder hereunder accruing from and after such Transfer (i.e., realization upon the collateral by such Note Pledgee)
and agrees to be bound by the terms and provisions of this Agreement. The rights of a Note Pledgee under this Section 14(c)
shall remain effective as to any Note Holder (and any Servicer) unless and until such Note Pledgee shall have notified any
such Note Holder (and any Servicer, as applicable) in writing that its interest in the pledged Note has terminated.

 

(d)       Notwithstanding
any provisions herein to the contrary, if a conduit (“Conduit”) which is not a Qualified Institutional Lender
provides financing to a Note Holder then such Note Holder shall have the right to grant a security interest in its Note to such
Conduit notwithstanding that such Conduit is not a Qualified Institutional Lender, if the following conditions are satisfied:

 

(i)            The
loan (the “Conduit Inventory Loan”) made by the Conduit to such Note Holder to finance the acquisition and
holding of its Note requires a third party (the “Conduit Credit Enhancer”) to provide credit enhancement;

 

(ii)           The
Conduit Credit Enhancer is a Qualified Institutional Lender;

 

(iii)          Such
Note Holder pledges its interest in its Note to the Conduit as collateral for the Conduit Inventory Loan;

 

(iv)         The
Conduit Credit Enhancer and the Conduit agree that, if such Note Holder defaults under the Conduit Inventory Loan, or if the Conduit
is unable to refinance its outstanding commercial paper even if there is no default by such Note Holder, the Conduit Credit Enhancer
will purchase the Conduit Inventory Loan from the Conduit, and the Conduit will assign the pledge of such Note Holder’s
Note to the Conduit Credit Enhancer; and

 

(v)         Unless
the Conduit is in fact then a Qualified Institutional Lender, the Conduit will not without obtaining a Rating Agency Confirmation
from each Rating

 

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 Agency have any greater right to acquire the interests in the Note pledged by such Note Holder, by foreclosure
or otherwise, than would any other purchaser that is not a Qualified Institutional Lender at a foreclosure sale conducted by a
Note Pledgee.

 

Section
15.               Registration of Notes and Note Holders. The
Agent shall keep or cause to be kept at the Agent Office books (the “Note Register”) for the registration and
transfer of the Notes. The Agent shall serve as the initial note registrar and the Agent hereby accepts such appointment. The
names and addresses of the Note Holders and the names and addresses of any transferee of any Note of which the Agent has received
notice, in the form of a copy of the assignment and assumption agreement referred to in this Section 15, shall be registered
in the Note Register. The Person in whose name a Note is so registered shall be deemed and treated as the sole owner and holder
thereof for all purposes of this Agreement. Upon request of a Note Holder, the Agent shall provide such party with the names and
addresses of the other Note Holders. To the extent the Trustee or another party is appointed as Agent hereunder, each Note Holder
hereby designates such Person as its agent under this Section 15 solely for purposes of maintaining the Note Register.

 

In
connection with any Transfer of a Note occurring hereafter (but excluding any Pledgee unless and until it realizes on its Pledge),
a transferee shall execute an assignment and assumption agreement (unless the transferee is a Securitization Trust or the
Transfer is to a transferee in connection with a transfer to a Securitization Trust and the related pooling and servicing agreement
or trust and servicing agreement requires the parties thereto to comply with this Agreement), whereby such transferee assumes
all of the obligations of the applicable Note Holder hereunder with respect to such Note thereafter accruing and agrees to be
bound by the terms of this Agreement, including the applicable restriction on Transfers set forth in Section 14, from and
after the date of such assignment. No transfer of a Note may be made unless it is registered on the Note Register, and the Agent
shall not recognize any attempted or purported transfer of any Note in violation of the provisions of Section 14 and this
Section 15. Any such purported transfer shall be absolutely null and void ab initio and shall vest no rights in
the purported transferee. Each Note Holder desiring to effect such transfer shall, and does hereby agree to, indemnify the Agent
and the other Note Holders against any liability that may result if the transfer is not made in accordance with the provisions
of this Agreement.

 

Section
16.                Governing Law; 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 OBLIGATIONS 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 (OTHER THAN SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW). EACH OF THE PARTIES
HEREBY IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF OR RELATING TO THIS
AGREEMENT.

 

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Section
17.                  Submission To
Jurisdiction; Waivers. Each party hereto hereby irrevocably and unconditionally:

 

(a)       SUBMITS
FOR ITSELF AND ITS PROPERTY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT, OR FOR RECOGNITION AND ENFORCEMENT OF
ANY JUDGMENT IN RESPECT THEREOF, TO THE NON-EXCLUSIVE GENERAL JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK, THE FEDERAL
COURTS OF THE UNITED STATES OF AMERICA FOR THE SOUTHERN DISTRICT OF NEW YORK, AND APPELLATE COURTS FROM ANY THEREOF;

 

(b)       CONSENTS
THAT ANY SUCH ACTION OR PROCEEDING MAY BE BROUGHT IN SUCH COURTS AND, TO THE EXTENT PERMITTED BY LAW, WAIVES ANY OBJECTION THAT
IT MAY NOW OR HEREAFTER HAVE TO THE VENUE OF ANY SUCH ACTION OR PROCEEDING IN ANY SUCH COURT OR THAT SUCH ACTION OR PROCEEDING
WAS BROUGHT IN AN INCONVENIENT COURT AND AGREES NOT TO PLEAD OR CLAIM THE SAME;

 

(c)       AGREES
THAT SERVICE OF PROCESS IN ANY SUCH ACTION OR PROCEEDING MAY BE EFFECTED BY MAILING A COPY THEREOF BY REGISTERED OR CERTIFIED
MAIL (OR ANY SUBSTANTIALLY SIMILAR FORM OF MAIL), POSTAGE PREPAID, TO ITS ADDRESS SET FORTH HEREIN OR AT SUCH OTHER ADDRESS OF
WHICH A PARTY HEREIN SHALL HAVE BEEN NOTIFIED; AND

 

(d)       AGREES
THAT NOTHING HEREIN SHALL AFFECT THE RIGHT TO EFFECT SERVICE OF PROCESS IN ANY OTHER MANNER PERMITTED BY LAW OR SHALL LIMIT THE
RIGHT TO SUE IN ANY OTHER JURISDICTION.

 

Section
18.                   Modifications. This
Agreement shall not be modified, cancelled or terminated except by an instrument in writing signed by each Note Holder. Additionally,
for as long as any Note is contained in a Securitization Trust, the Note Holders shall not amend or modify this Agreement without
first receiving a Rating Agency Confirmation from each Rating Agency then rating any securities issued in a Securitization. However,
no such confirmation from the Rating Agencies shall be required in connection with a modification (i) to cure any ambiguity, to
correct an error or supplement any provisions herein that may be defective or inconsistent with any other provisions herein or
with the Lead Securitization Servicing Agreement, (ii) to make other provisions with respect to matters or questions arising under
this Agreement, which shall not be inconsistent with the provisions of this Agreement or (iii) entered into pursuant to Section
31 of this Agreement or (iv) if and to the extent that it would be deemed given or not required pursuant to the definition
of Rating Agency Confirmation in the Lead Securitization Servicing Agreement and/or any Non-Lead Securitization Servicing Agreement,
as applicable.

 

Section
19.                   Successors
and Assigns; Third Party Beneficiaries. This Agreement shall inure to the benefit of and be binding upon the parties hereto
and their respective successors and assigns. Except as provided herein, including without limitation, with respect to the Trustee,
Certificate Administrator, Master Servicer, Special Servicer, Operating

 

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Advisor, Non-Lead Master Servicer, Non-Lead Special Servicer,
Non-Lead Trustee, none of the provisions of this Agreement shall be for the benefit of or enforceable by any Person not a party
hereto. Subject to Section 14 and Section 15, each Note Holder may assign or delegate its rights or obligations
under this Agreement. Upon any such assignment, the assignee shall be entitled to all rights and benefits of the applicable Note
Holder hereunder.

 

Section
20.                    Counterparts. This
Agreement may be executed in any number of counterparts and all of such counterparts shall together constitute one and the same
instrument. Delivery of an executed counterpart of a signature page of this Agreement in Portable Document Format (PDF) or by
facsimile transmission shall be effective as delivery of a manually executed original counterpart of this Agreement.

 

Section
21.                    Captions. The
titles and headings of the paragraphs of this Agreement have been inserted for convenience of reference only and are not intended
to summarize or otherwise describe the subject matter of the paragraphs and shall not be given any consideration in the construction
of this Agreement.

 

Section
22.                    Severability. Wherever
possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid under applicable law,
but if any provision of this Agreement shall be prohibited by or invalid under applicable laws, such provision shall be ineffective
to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions
of this Agreement.

 

Section
23.                    Entire
Agreement. This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter contained
in this Agreement and supersedes all prior agreements, understandings and negotiations between the parties.

 

Section
24.                    Withholding Taxes.

 

(a)       If
the Lead Securitization Note Holder or the Mortgage Loan Borrower is required by law to deduct and withhold Taxes from interest,
fees or other amounts payable to a Non-Lead Securitization Note Holder with respect to the Mortgage Loan as a result of such Non-Lead
Securitization Note Holder constituting a Non-Exempt Person, the Lead Securitization Note Holder, in its capacity as servicer,
shall be entitled to do so with respect to such Non-Lead Note Holder’s interest in such payment (all withheld amounts being
deemed paid to such Note Holder). The Lead Securitization Note Holder shall furnish such Non-Lead Securitization Note Holder with
a statement setting forth the amount of Taxes withheld, the applicable rate and other information which may reasonably be requested
for purposes of assisting such Note Holder to seek any allowable credits or deductions for the Taxes so withheld in each jurisdiction
in which such Note Holder is subject to tax.

 

(b)       Each
Non-Lead Securitization Note Holder shall indemnify the Lead Securitization Note Holder against and hold the Lead Securitization
Note Holder harmless from and against any Taxes, interest, penalties and attorneys’ fees and disbursements arising or resulting
from any failure of the Lead Securitization Note Holder to withhold Taxes from payment made to such Non-Lead Securitization Note
Holder in reliance upon any representation,

 

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certificate, statement, document or instrument made or provided by such Non-Lead Securitization
Note Holder to the Lead Securitization Note Holder in connection with the obligation of the Lead Securitization Note Holder to
withhold Taxes from payments made to such Non-Lead Securitization Note Holder. It is expressly understood and agreed that (i)
the Lead Securitization Note Holder shall be absolutely and unconditionally entitled to accept any such representation, certificate,
statement, document or instrument as being true and correct in all respects and to fully rely thereon without any obligation or
responsibility to investigate or to make any inquiries with respect to the accuracy, veracity, correctness or validity of the
same and (ii) such Non-Lead Securitization Note Holder, upon request of the Lead Securitization Note Holder and at its sole cost
and expense, shall defend any claim or action relating to the foregoing indemnification using counsel selected by the Lead Securitization
Note Holder.

 

(c)       Each
Non-Lead Securitization Note Holder represents to the Lead Securitization Note Holder (for the benefit of the Mortgage Loan Borrower)
that it is not a Non-Exempt Person and that neither the Lead Securitization Note Holder nor the Mortgage Loan Borrower is obligated
under applicable law to withhold Taxes on sums paid to it with respect to the Mortgage Loan or otherwise pursuant to this Agreement.
Contemporaneously with the execution of this Agreement and from time to time as necessary during the term of this Agreement, each
Non-Lead Securitization Note Holder shall deliver to the Lead Securitization Note Holder or Servicer, as applicable, evidence
satisfactory to the Lead Securitization Note Holder substantiating that such Note Holder is not a Non-Exempt Person and that the
Lead Securitization Note Holder is not obligated under applicable law to withhold Taxes on sums paid to it with respect to the
Mortgage Loan or otherwise under this Agreement. Without limiting the effect of the foregoing, (i) if a Non-Lead Securitization
Note Holder 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 Lead Securitization Note Holder an Internal Revenue Service
Form W-9 and (ii) if a Non-Lead Securitization Note Holder 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 Mortgage Loan Borrower is treated
for United States income tax purposes as derived in whole or part from sources within the United States, such Note Holder shall
satisfy the requirements of the preceding sentence by furnishing to the Lead Securitization Note Holder Internal Revenue Service
Form W-8ECI, Form W-8IMY (with appropriate attachments), Form W-8BEN or Form W-8BEN-E, or successor forms, as may be required
from time to time, duly executed by such Note Holder, as evidence of such Note Holder’s exemption from the withholding of
United States tax with respect thereto. The Lead Securitization Note Holder shall not be obligated to make any payment hereunder
with respect to a Non-Lead Securitization Note or otherwise until the related Non-Lead Securitization Note Holder shall have furnished
to the Lead Securitization Note Holder requested forms, certificates, statements or documents.

 

Section
25.                    Custody
of Mortgage Loan Documents. The originals of all of the Mortgage Loan Documents (other than each Non-Lead Securitization Note)
(a) prior to the Lead Securitization shall be held by the Initial Agent and (b) after the Lead Securitization, will be held by
the Lead Securitization Note Holder (in the name of the Trustee and held by a duly appointed custodian therefor in accordance
with the Lead Securitization Servicing Agreement), in each case, on behalf of the registered holders of the Notes.

 

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Section
26.                    Cooperation in Securitization.

 

(a)       Each
Note Holder acknowledges that any Note Holder may elect, in its sole discretion, to include its Note in a Securitization. In connection
with a Securitization and subject to the terms of the preceding sentence, at the request of the Lead Securitization Note Holder,
each Non-Lead Securitization Note Holder shall use reasonable efforts, at the Lead Securitization Note Holder’s expense,
to satisfy, and to cooperate with the Lead Securitization Note Holder in attempting to cause the Mortgage Loan Borrower to satisfy,
the market standards to which the Lead Securitization Note Holder customarily adheres or which may be reasonably required in the
marketplace or by the Rating Agencies in connection with the Securitization, including, entering into (or consenting to, as applicable)
any modifications to this Agreement or the Mortgage Loan Documents and to cooperate with the Lead Securitization Note Holder in
attempting to cause the Mortgage Loan Borrower to execute such modifications to the Mortgage Loan Documents, in any such case,
as may be reasonably requested by the Rating Agencies to effect the Securitization; provided, however, that either
in connection with the Lead Securitization or otherwise at any time prior to the Lead Securitization, none of the Non-Lead Securitization
Note Holders shall be required to modify or amend this Agreement or any Mortgage Loan Documents (or consent to such modification,
as applicable) in connection therewith, if such modification or amendment would (i) change the interest allocable to, or the amount
of any payments due to or priority of such payments to, a Non-Lead Securitization Note Holder or (ii) materially increase a Non-Lead
Securitization Note Holders’ obligations or materially decrease any Non-Lead Securitization Note Holders’ rights,
remedies or protections. In connection with the Lead Securitization, each Non-Lead Securitization Note Holder agrees to provide
for inclusion in any disclosure document relating to the Lead Securitization such information concerning such Non-Lead Securitization
Note Holder and the related Non-Lead Securitization Note as the Lead Securitization Note Holder reasonably determines to be necessary
or appropriate. Such Non-Lead Securitization Note Holder agrees that it shall, at the Lead Securitization Note Holder’s
expense, cooperate with the reasonable requests of each Rating Agency and Lead Securitization Note Holder in connection with the
Lead Securitization (including, without limitation, reasonably cooperating with the Lead Securitization Note Holder (without any
obligation to make additional representations and warranties) to enable the Lead Securitization Note Holder to make all necessary
certifications and deliver all necessary opinions (including customary securities law opinions) in connection with the Mortgage
Loan and the Lead Securitization), as well as in connection with all other matters and the preparation of any offering documents
thereof and to review and respond reasonably promptly with respect to any information relating to a Non-Lead Securitization Note
Holder and the related Non-Lead Securitization Note in any Securitization document. Each Non-Lead Securitization Note Holder acknowledges
that the information provided by it to the Lead Securitization Note Holder may be incorporated into the offering documents for
the Lead Securitization. The Lead Securitization Note Holder and each Rating Agency shall be entitled to rely on the information
supplied by, or on behalf of, each Non-Lead Securitization Note Holder. The Lead Securitization Note Holder will reasonably cooperate
with each Non-Lead Securitization Note Holder by providing all information reasonably requested that is in the Lead Securitization
Note Holder’s possession in connection with each Non-Lead Securitization Note Holders’ preparation of disclosure materials
in connection with a Securitization.

 

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(b)       Upon
request, the Lead Securitization Note Holder shall deliver to a Non-Lead Securitization Note Holder drafts of the preliminary
and final Lead Securitization offering memoranda, prospectus supplement, free writing prospectus and any other disclosure documents
and the Lead Securitization Servicing Agreement and provide reasonable opportunity to review and comment on such documents.

 

Section
27.                    Notices. All
notices required hereunder shall be given by (i) telephone (confirmed promptly in writing) or shall be in writing and personally
delivered, (ii) sent by facsimile transmission (during business hours) if the sender on the same day sends a confirming copy of
such notice by reputable overnight delivery service (charges prepaid), (iii) reputable overnight delivery service (charges prepaid)
or (iv) certified United States mail, postage prepaid return receipt requested, and addressed to the respective parties at their
addresses set forth on Exhibit B hereto, or at such other address as any party shall hereafter inform the other party by
written notice given as aforesaid. All written notices so given shall be deemed effective upon receipt.

 

Section
28.                    Broker. Each
Note Holder represents to each other that no broker was responsible for bringing about this transaction.

 

Section
29.                    Certain Matters Affecting Agent.

 

(a)       The
Agent may request and/or rely upon and shall be protected in acting or refraining from acting upon any officer’s certificate
or assignment and assumption agreement delivered to the Agent pursuant to Section 14 and Section 15;

 

(b)       The
Agent may consult with counsel. Any opinion of counsel shall be full and complete authorization and protection in respect of any
action taken or suffered or omitted by the Agent hereunder in good faith and in accordance with such opinion of counsel;

 

(c)       The
Agent shall be under no obligation to institute, conduct or defend any litigation hereunder or in relation hereto at the request,
order or direction of any Note Holder pursuant to the provisions of this Agreement, unless it has received indemnity reasonably
satisfactory to it;

 

(d)       None
of the Agent or any of its 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 Agent to be authorized or within the discretion or rights or powers conferred upon it by this Agreement;

 

(e)       The
Agent shall not be bound to make any investigation into the facts or matters stated in any officer’s certificate or assignment
and assumption agreement delivered to the Agent pursuant to Section 15;

 

(f)       The
Agent may execute any of the 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; and

 

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(g)       The
Agent represents and warrants that it is a Qualified Institutional Lender.

 

Section
30.                    Termination and Resignation of Agent.

 

(a)       The
Agent may be terminated at any time upon ten days prior written notice from the Lead Securitization Note Holder. If the Agent
is terminated pursuant to this Section 30, all of its rights and obligations under this Agreement shall be terminated,
other than any rights or obligations that accrued prior to the date of such termination.

 

(b)       The
Agent may resign at any time on ten days’ prior notice, so long as a successor Agent, reasonably satisfactory to the Note
Holders (it being agreed that a Servicer, the Trustee or a Certificate Administrator in a Securitization is satisfactory to the
Note Holders), has agreed to be bound by this Agreement and perform the duties of the Agent hereunder. JPM, as Initial Agent,
may transfer its rights and obligations to a Servicer, the Trustee or the Certificate Administrator, as successor Agent, at any
time without the consent of any Note Holder. Notwithstanding the foregoing, the Note Holders hereby agree that, simultaneously
with the closing of the Lead Securitization, the Master Servicer shall be deemed to have been automatically appointed as the successor
Agent under this Agreement in place of JPM without any further notice or other action. The termination or resignation of such
Master Servicer, as Master Servicer under the Lead Securitization Servicing Agreement, shall be deemed a termination or resignation
of such Master Servicer as Agent under this Agreement.

 

Section
31.                    Resizing. Notwithstanding
any other provision of this Agreement, for so long as an Initial Note Holder or an affiliate of an Initial Note Holder (the “Resizing
Holder”) is the owner of a Non-Lead Securitization Note (the “Owned Note”) and such Owned Note is
not included in a Securitization, such Resizing Holder shall have the right, subject to the terms of the Mortgage Loan Documents,
to cause the Mortgage Loan Borrower to execute amended and restated notes or additional notes (in either case, “New Notes”)
reallocating the principal of the Owned Note to such New Notes; or severing the Owned Note into one or more further “component”
notes in the aggregate principal amount equal to the then outstanding principal balance of the Owned Note provided that
(i) the aggregate principal balance of all outstanding New Notes following such amendments is no greater than the aggregate principal
of the Owned Note prior to such amendments, (ii) all Notes continue to have the same weighted average interest rate as the Notes
prior to such amendments or re-allocations, (iii) all Notes pay pro rata and on a pari passu basis (to the extent
described in the Mortgage Loan Agreement) and such reallocated or component notes shall be automatically subject to the terms
of this Agreement, (iv) the Resizing Holder shall notify the Lead Securitization Note Holder, the Master Servicer, the Special
Servicer, the Certificate Administrator and the Trustee in writing (which may be by e-mail) of such modified allocations and principal
amounts, and (v) the execution of such amendments and New Notes does not violate the Servicing Standard. Except for the foregoing
reallocation and for modifications pursuant to the Lead Securitization Servicing Agreement (as discussed in Section 5),
no Note may be modified or amended without the consent of its holder and the consent of the holders of the other Notes. In connection
with the foregoing (provided the conditions set forth in clauses (i) through (v) above are satisfied), (1) the Master
Servicer is hereby authorized and directed to execute amendments to the Mortgage Loan Documents and this Agreement (or to amend
and restate any Mortgage Loan Document or this

 

    47

     

    

 

Agreement) on behalf of any or all of the Note Holders, as applicable, solely for
the purpose of reflecting such reallocation of principal or severing of a Note (provided that such “component”
notes shall each have their same rights as the respective original Note) and (2) if more than one New Note is created hereunder,
for purposes of exercising the rights of a Non-Lead Note Holder hereunder, the definition of the term “Securitization”
and all of the related defined terms may be amended (and new terms added, as necessary) to reflect the New Notes.

 

[SIGNATURE
PAGE FOLLOWS]

 

    48

     

    

 

IN
WITNESS WHEREOF, the Initial Note Holders have caused this Agreement to be duly executed as of the day and year first above written.

 

	 	Initial
    Note A-1 Holder, Initial Note A-2 Holder, Initial Note A-3 Holder, Initial Note A-4 Holder, Initial Note A-5 Holder, Initial
    Note A-5 Holder, Initial Note A-6 Holder, Initial Note A-7 Holder, Initial Note A-8 Holder, Initial Note A-9 Holder, Initial
    Note A-10 Holder, Initial Note B-1 Holder, and Initial Note B-2 Holder
	 	 	 
	 	JPMORGAN
    CHASE BANK, NATIONAL ASSOCIATION, a national banking association
	 	 	 
	 	By:	/s/
Brennan Woods
	 	 	Name: Brennan Woods
	 	 	Title: Vice President

 

JPMCC
2018-WPT: Co-Lender 

 

    

    49

    

  

EXHIBIT
A

MORTGAGE LOAN SCHEDULE

 

Description
of Mortgage Loan

 

	Mortgage
    Loan Borrowers:	WPT
    Land 2 LP, RV OP 2 LP, RV OP 3 Lessee LP, WPT Properties LP and RV OP 1 LP, each a Delaware limited partnership
	Date
    of Mortgage Loan: 	June
    8, 2018
	Original
    Principal Amount of Mortgage Loan:	$1,280,000,000
	Principal
    Amount of Mortgage Loan as of the date hereof:	$1,275,000,000
	Initial
    Note A-1 Principal Balance:	$172,069,218.75	 
	Initial
    Note A-2 Principal Balance:	$87,930,781.25	 
	Initial
    Note A-3 Principal Balance:	$194,041,134.38	 
	Initial
    Note A-4 Principal Balance:	$99,158,865.62	 
	Initial
    Note A-5 Principal Balance:	$39,708,281.25	 
	Initial
    Note A-6 Principal Balance:	$20,291,718.75	 
	Initial
    Note A-7 Principal Balance:	$36,399,257.81	 
	Initial
    Note A-8 Principal Balance	$18,600,742.19	 
	Initial
    Note A-9 Principal Balance	$36,399,257.81	 
	Initial
    Note A-10 Principal Balance:	$18,600,742.19	 
	Initial
    Note B-1 Principal Balance:	$368,492,850.00	 
	Initial
    Note B-2 Principal Balance:	$188,307,150.00	 
	Location
    of Mortgaged Properties:	Various
    throughout the United States	 
	Scheduled
    Maturity Date:	 ●      Note
                                         A-1 and Note A-2: The Payment Date in July 2022, subject to three successive one-year
                                         extension terms.

         

         ●     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 B-1 and Note B-2: The Payment Date in July 2023 
	 

 

 

    A-1

     

    

 

EXHIBIT
B

 

1.       Initial
Note A-1 Holder, Initial Note A-2 Holder, Initial Note A-3 Holder, Initial Note A-4 Holder, Initial Note A-5 Holder, Initial Note
A-5 Holder, Initial Note A-6 Holder, Initial Note A-7 Holder, Initial Note A-8 Holder, Initial Note A-9 Holder, Initial Note A-10
Holder, Initial Note B-1 Holder, and Initial Note B-2 Holder:

 

JPMorgan
Chase Bank, National Association

Notice Address:

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

 

with
a copy to:

JPMorgan Chase Bank, National Association

4 New York Plaza, 21st Floor

New York, NY 10004-2413

Attention: Bianca A. Russo, Esq.

Email: US_CMBS_Notice@jpmorgan.com

 

with
a copy to:

Cadwalader Wickersham & Taft LLP

227 West Trade Street

Charlotte, North Carolina 28202

Attention: David Burkholder, Esq.

Email: David.Burkholder@cwt.com

 

(Following
Securitization of the Lead Securitization Notes):

(i)            Depositor:

 

J.P.
Morgan Chase Commercial Mortgage Securities Corp.

383 Madison Avenue

31st Floor

New York, New York 10179

Attention: Kunal K. Singh

E-mail: US_CMBS_Notice @jpmorgan.com

 

    B-1

     

    

 

with
a copy to:

J.P. Morgan Chase Commercial Mortgage Securities Corp.

4 New York Plaza

21st Floor

New York, NY 10004-2413

Attention: Bianca A. Russo

Managing Director and Associate General Counsel

E-mail: US_CMBS_Notice @jpmorgan.com

 

(ii)       Master
Servicer:

 

KeyBank
National Association

11501 Outlook Street, Suite 300

Overland Park, Kansas 66211

Attention: Michael Tilden

Facsimile: (877) 379-1625

E-mail: Michael_a_tilden@keybank.com

 

with
a copy to:

Polsinelli

900 West 48th Place, Suite 900

Kansas City, Missouri 64112

Attention: Kraig Kohring

Facsimile: (816) 753-1536

E-mail: kkohring@polsinelli.com

 

(iii)       Special
Servicer:

 

KeyBank
National Association

11501 Outlook Street, Suite 300

Overland Park, Kansas 66211

Attention: Alan Williams

Facsimile: (877) 379-1625

E-mail: keybank_notices@keybank.com

 

with
a copy to:

Polsinelli

900 West 48th Place, Suite 900

Kansas City, Missouri 64112

Attention: Kraig Kohring

Facsimile: (816) 753-1536

E-mail: kkohring@polsinelli.com

 

    B-2

     

    

 

(iv)       Certificate
Administrator and Trustee:

 

Wells
Fargo Bank, National Association

9062 Old Annapolis Road

Columbia, Maryland 21045

Attention: Corporate Trust Services – Workspace Property Trust 2018-WPT

Telephone: (410) 884-2000

 

with
a copy to:

Facsimile: (410) 715-2380

Email: trustadministration@wellsfargo.com and

cts.cmbs.bond.admin@wellsfargo.com

 

(v)       Operating
Advisor:

 

Park
Bridge Lender Services LLC

600 Third Avenue, 40th Floor

New York, New York 10016

Attention: Workspace Property Trust 2018-WPT – Surveillance Manager

 

with
a copy sent contemporaneously via email to:

cmbs.notices@parkbridgefinancial.com

 

    B-3

     

    

 

EXHIBIT
C

 

		1.	Apollo
                                         Global Real Estate

		2.	Archon
                                         Capital, L.P.

		3.	AREA
                                         Property Partners

		4.	BlackRock,
                                         Inc.

		5.	The
                                         Blackstone Group International Ltd.

		6.	Capital
                                         Trust, Inc.

		7.	Clarion
                                         Partners

		8.	Colony
                                         Capital, Inc.

		9.	DLJ
                                         Real Estate Capital Partners

		10.	Eightfold
                                         Real Estate Capital, L.P.

		11.	Fortress
                                         Investment Group LLC

		12.	Garrison
                                         Investment Group

		13.	Goldman,
                                         Sachs & Co.

		14.	iStar
                                         Financial Inc.

		15.	J.E.
                                         Roberts Companies

		16.	Lend-Lease
                                         Real Estate Investments

		17.	LoanCore
                                         Capital

		18.	Lonestar
                                         Funds

		19.	Praedium
                                         Group

		20.	Raith
                                         Capital Partners, LLC

		21.	Rialto
                                         Capital Management, LLC

		22.	Rialto
                                         Capital Advisors, LLC

		23.	Rockpoint
                                         Group

		24.	Starwood
                                         Capital/Starwood Financial Trust

		25.	Torchlight
                                         Investors

		26.	Walton
                                         Street Capital, LLC

		27.	Westbrook
                                         Partners

		28.	WestRiver
                                         Capital

		29.	Whitehall
                                         Street Real Estate Fund, L.P.

 

    C-1

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