Document:

Exhibit 4.18 

 

EXECUTION
VERSION

	 

 

Moffett
Towers E,F,G

 

CO-LENDER
AGREEMENT

 

Dated
as of October 30, 2018

 

between

 

DEUTSCHE
BANK AG, ACTING THROUGH ITS NEW YORK BRANCH 

(Note
A-1-1 Holder)

 

and

 

DEUTSCHE
BANK AG, ACTING THROUGH ITS NEW YORK BRANCH 

(Note
A-1-2 Holder)

 

and

 

DEUTSCHE
BANK AG, ACTING THROUGH ITS NEW YORK BRANCH 

(Note
A-1-3 Holder)

 

and

 

DEUTSCHE
BANK AG, ACTING THROUGH ITS NEW YORK BRANCH 

(Note
A-1-4 Holder)

 

and

 

DEUTSCHE
BANK AG, ACTING THROUGH ITS NEW YORK BRANCH 

(Note
A-2 Holder)

 

and

 

DEUTSCHE
BANK AG, ACTING THROUGH ITS NEW YORK BRANCH 

(Note
A-3 Holder)

 

and

	 

 

     

    

    

 

DEUTSCHE
BANK AG, ACTING THROUGH ITS NEW YORK BRANCH 

(Note
A-4 Holder)

 

and

 

GOLDMAN
SACHS MORTGAGE COMPANY 

(Note
A-5 Holder)

 

and

 

WELLS
FARGO BANK, NATIONAL ASSOCIATION 

(Note
A-6 Holder)

 

and

 

WELLS
FARGO BANK, NATIONAL ASSOCIATION 

(Note
A-7 Holder)

 

    2 

    

    

 

TABLE
OF CONTENTS

 

Page

	1.   Definitions; Conflicts	3
	2.   Servicing of the Mortgage Loan	15
	3.   Priority of  Notes	17
	4.   Workout	17
	5.   Accounts; Payment Procedure	18
	6.   Limitation on Liability	18
	7.   Representations of the Holders	18
	8.   Independent Analyses of each Holder	19
	9.   No Creation of a Partnership or Exclusive Purchase Right	20
	10.  Not a Security	20
	11.  Other Business Activities of the Holders	20
	12.  Transfer of Notes	20
	13.  Exercise of Remedies by the Servicer	22
	14.  Rights of the Directing Holder	24
	15.  Appointment of Special Servicer	25
	16.  Rights of the Non-Directing Holders	26
	17.  Advances; Reimbursement of Advances	27
	18.  Provisions Relating to Securitization	28
	19.  Governing Law; Waiver of Jury Trial	33
	20.  Modifications	33
	21.  Successors and Assigns; Third Party Beneficiaries	33
	22.  Counterparts	34
	23.  Captions	34
	24.  Notices	34
	25.  Custody of Mortgage Loan Documents	34

 

 

     -i-

    

    

 

THIS
CO-LENDER AGREEMENT (the “Agreement”), dated as of October 30, 2018, is between DEUTSCHE BANK AG, ACTING
THROUGH ITS 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-1-1, DBNY as the holder of Note A-1-2, DBNY as the
holder of Note A-1-3, DBNY as the holder of Note A-1-4, DBNY as the holder of Note A-2, DBNY as the holder of Note A-3, DBNY as
the holder of Note A-4, GOLDMAN SACHS MORTGAGE COMPANY (“Goldman”), a New York limited partnership,
having an address at 200 West Street, New York, New York 10282, as the holder of Note A-5, WELLS FARGO BANK, NATIONAL ASSOCIATION
(“Wells”), having an address at c/o Wells Fargo Commercial Mortgage Servicing, 401 S. Tryon Street, 8th
Floor, Charlotte, North Carolina 28202, as the holder of Note A-6 and Wells as the holder of Note A-7.

 

W I T N E S S E T H:

 

WHEREAS,
DBNY, Goldman and Wells have made a mortgage loan in the original principal amount of $284,000,000 (the “Mortgage Loan”)
to MT3 EFG Real Estate LLC, a Delaware limited liability company (the “Borrower”) pursuant to a loan agreement
between the Borrower, as borrower, and DBNY, Goldman and Wells, as lenders, dated as of September 7, 2018 (the “Loan
Agreement”);

 

WHEREAS,
the Mortgage Loan is evidenced by ten notes, Promissory Note A-1-1 in the original principal amount of $23,200,000 (“Note
A-1-1”), Promissory Note A-1-2 in the original principal amount of $15,000,000 (“Note A-1-2”), Promissory
Note A-1-3 in the original principal amount of $15,000,000 (“Note A-1-3”), Promissory Note A-1-4 in the original
principal amount of $6,800,000 (“Note A-1-4”), Promissory Note A-2 in the original principal amount of $50,000,000
(“Note A-2”), Promissory Note A-3 in the original principal amount of $40,000,000 (“Note A-3”),
Promissory Note A-4 in the original principal amount of $20,400,000 (“Note A-4”), Promissory Note A-5 in the
original principal amount of $56,800,000 (“Note A-5”), Promissory Note A-6 in the original principal amount
of $30,000,000 (“Note A-6”) and Promissory Note A-7 in the original principal amount of $26,800,000 (“Note
A-7”) (individually, each, a “Note” and collectively the “Notes”);

 

WHEREAS,
the Mortgage Loan is secured by a first mortgage lien (the “Mortgage”) on the property located as described
on the Mortgage Loan Schedule (the “Mortgaged Property”);

 

WHEREAS,
DBNY (a) intends, but is not bound, to sell, transfer and assign its right, title and interest in and to Note A-1-1 to German
American Capital Corporation (“GACC”), and GACC intends to transfer its right, title and interest in and to
Note A-1-1 to Deutsche Mortgage & Asset Receiving Corporation (“DMARC”), as depositor, pursuant to a Mortgage
Loan Purchase Agreement by and between DMARC, as purchaser, and GACC, as seller, and DMARC intends to transfer its right, title
and interest in and to Note A-1-1 to a trustee, as trustee for the DBGS 2018-1 Mortgage Trust under a pooling and servicing agreement
(the “Note A-1 PSA”) (such sales, transfers and assignments, the “Note A-1-1 Securitization”),
(b) 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-1-2 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 (such sales, transfers and assignments, the “Note A-1-2 Securitization”),
(c) 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-1-3
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 (such sales, transfers and assignments, the “Note A-1-3 Securitization”), (d)
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-1-4
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 (such sales, transfers and assignments, the “Note A-1-4 Securitization”), (e)
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 (such sales, transfers and assignments, the “Note A-2 Securitization”), (f) 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-3 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 (such sales, transfers and assignments, the “Note A-3 Securitization”) and (g) 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-4 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 (such sales, transfers and assignments, the “Note A-4 Securitization”);

 

WHEREAS,
Goldman 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-5 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 (such sales, transfers and assignments, the “Note A-5 Securitization”);

 

WHEREAS,
Wells (a) 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-6 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 (such sales, transfers and assignments, the “Note A-6 Securitization”) and (b)
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-7 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 (such sales, transfers and assignments, the “Note A-7 Securitization”); 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 the Notes;

 

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:

 

     -2-

    

    

 

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

 

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.

 

“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 any 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.

 

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

 

“Borrower
Party Affiliate”: With respect to a borrower, a mortgagor, a manager of a Mortgaged Property or a restricted mezzanine
holder, (a) any other person controlling or controlled by or under common control with such borrower, mortgagor, manager 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.

 

“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).

 

     -3-

    

    

 

“Certificates”
shall mean any securities issued in connection with any Securitization.

 

“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 have the meaning assigned to such term in the recitals.

 

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

 

“Depositor”
shall mean, with respect to any Securitization, the depositor under the related PSA.

 

“Directing
Holder” shall mean the Holder of the Directing Note or, if the Directing Note is included in a Securitization, the holders
of Certificates representing the specified interest in the class of Certificates designated as the “controlling class”
or the duly appointed representative of such holders under the related PSA (or such other party under the related PSA that is
entitled to exercise the rights of the “Directing Holder” hereunder) or such other party that the Directing Holder
grants the right to exercise the rights granted to the “Directing Holder” in this Agreement; provided, that
if at any time 50% or more of the Directing Note (or class of securities issued in a Securitization into which such Note has been
deposited that 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 PSA is) the Borrower or a Borrower Party Affiliate,
no such Holder or other Person shall be entitled to exercise any rights of the Directing Holder under this Agreement or the related
PSA, and there shall be deemed to be no Directing Holder.

 

“Directing
Note” shall mean Note A-1-1.

 

     -4-

    

    

 

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

 

“Event
of Default” shall mean an “Event of Default” (or analogous term) 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.

 

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

 

“Holder”
shall mean the Note A-1-1 Holder, the Note A-1-2 Holder, the Note A-1-3 Holder, the Note A-1-4 Holder, the Note A-2 Holder, the
Note A-3 Holder, the Note A-4 Holder, the Note A-5 Holder, the Note A-6 Holder and/or the Note A-7 Holder, as the context indicates.

 

“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-1-1.

 

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

 

     -5-

    

    

 

“Lead
Securitization” shall mean the Note A-1-1 Securitization.

 

“Lead
Securitization PSA” shall mean the Note A-1-1 PSA.

 

“Lead
Securitization Trust” shall mean the trust established under the Note A-1-1 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-1-1, the “Master Servicer Remittance Date” (or analogous term) as defined in the Servicing
Agreement; provided, 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; and

 

(ii)             
with respect to any other Note, 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 PSA governing the Securitization of such Note, as applicable; provided, 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.

 

     -6-

    

    

 

“Mortgage
Interest Rate” shall mean the Mortgage Interest Rate set forth in the Mortgage Loan Schedule with respect to each Note.

 

“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
Note” shall mean any Note other than the Directing Note.

 

“Non-Directing
Holder” shall mean the Holder of any Non-Directing Note or, if such Non-Directing Note is included in a Securitization,
the holders of Certificates representing the specified interest in the class of Certificates designated as the “controlling
class” or the duly appointed representative of such holders under the related PSA (or such other party under the related
PSA that is entitled to exercise the rights of such “Non-Directing Holder” hereunder) or such other party that such
Non-Directing Holder grants the right to exercise the rights granted to the related “Non-Directing Holder” in this
Agreement; provided, that if at any time 50% or more of any Non-Directing Note (or class of securities issued in a Securitization
into which such Note has been deposited that 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 PSA is) the Borrower
or a Borrower Party Affiliate, no such Holder or other Person shall be entitled to exercise any rights of the related Non-Directing
Holder under this Agreement or the related PSA, 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 (other than any Non-Lead Note that is included in the
Lead Securitization), the “master servicer” under the related PSA.

 

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

 

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

 

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

 

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

 

     -7-

    

    

 

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

 

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

 

“Note
A-1-1 Master Servicer” shall mean the master servicer under the Note A-1-1 PSA.

 

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

 

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

 

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

 

“Note
A-1-1 Trustee” shall mean the trustee under the Note A-1-1 PSA.

 

“Note
A-1-2” shall have the meaning assigned to such term in the recitals.

 

“Note
A-1-2 Holder” shall mean DBNY or any subsequent holder of Note A-1-2.

 

“Note
A-1-2 Principal Balance” shall mean at any time of determination, the initial Note A-1-2 Principal Balance as set forth
in the Mortgage Loan Schedule less any payments of principal thereon received by the Note A-1-2 Holder and any reductions in such
amount pursuant to Section 4.

 

“Note
A-1-2 PSA” shall mean the pooling and servicing agreement entered into in connection with the Note A-1-2 Securitization.

 

“Note
A-1-2 Securitization” shall have the meaning assigned such term in the recitals.

 

“Note
A-1-3” shall have the meaning assigned to such term in the recitals.

 

“Note
A-1-3 Holder” shall mean DBNY or any subsequent holder of Note A-1-3.

 

“Note
A-1-3 Principal Balance” shall mean at any time of determination, the initial Note A-1-3 Principal Balance as set forth
in the Mortgage Loan Schedule less any payments of principal thereon received by the Note A-1-3 Holder and any reductions in such
amount pursuant to Section 4.

 

“Note
A-1-3 PSA” shall mean the pooling and servicing agreement entered into in connection with the Note A-1-2 Securitization.

 

“Note
A-1-3 Securitization” shall have the meaning assigned such term in the recitals.

 

     -8-

    

    

 

“Note
A-1-4” shall have the meaning assigned to such term in the recitals.

 

“Note
A-1-4 Holder” shall mean DBNY or any subsequent holder of Note A-1-4.

 

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

 

“Note
A-1-4 PSA” shall mean the pooling and servicing agreement entered into in connection with the Note A-1-4 Securitization.

 

“Note
A-1-4 Securitization” shall have the meaning assigned such term in the recitals.

 

“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.

 

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

 

“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 pooling and servicing agreement entered into in connection with the Note A-3 Securitization.

 

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

 

“Note
A-4” shall have the meaning assigned to such term in the recitals.

 

“Note
A-4 Holder” shall mean DBNY or any subsequent holder of Note A-4.

 

     -9-

    

    

 

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

 

“Note
A-4 PSA” shall mean the pooling and servicing agreement entered into in connection with the Note A-4 Securitization.

 

“Note
A-4 Securitization” shall have the meaning assigned such term in the recitals.

 

“Note
A-5” shall have the meaning assigned to such term in the recitals.

 

“Note
A-5 Holder” shall mean Goldman or any subsequent holder of Note A-5.

 

“Note
A-5 Principal Balance” shall mean at any time of determination, the initial Note A-5 Principal Balance as set forth
in the Mortgage Loan Schedule less any payments of principal thereon received by the Note A-5 Holder and any reductions in such
amount pursuant to Section 4.

 

“Note
A-5 PSA” shall mean the pooling and servicing agreement entered into in connection with the Note A-5 Securitization.

 

“Note
A-5 Securitization” shall have the meaning assigned such term in the recitals.

 

“Note
A-6” shall have the meaning assigned to such term in the recitals.

 

“Note
A-6 Holder” shall mean Wells or any subsequent holder of Note A-6.

 

“Note
A-6 Principal Balance” shall mean at any time of determination, the initial Note A-6 Principal Balance as set forth
in the Mortgage Loan Schedule less any payments of principal thereon received by the Note A-6 Holder and any reductions in such
amount pursuant to Section 4.

 

“Note
A-6 PSA” shall mean the pooling and servicing agreement entered into in connection with the Note A-6 Securitization.

 

“Note
A-6 Securitization” shall have the meaning assigned such term in the recitals.

 

“Note
A-7” shall have the meaning assigned to such term in the recitals.

 

“Note
A-7 Holder” shall mean Wells or any subsequent holder of Note A-7.

 

“Note
A-7 Principal Balance” shall mean at any time of determination, the initial Note A-7 Principal Balance as set forth
in the Mortgage Loan Schedule less any payments of

 

     -10-

    

    

 

principal
thereon received by the Note A-7 Holder and any reductions in such amount pursuant to Section 4.

 

“Note
A-7 PSA” shall mean the pooling and servicing agreement entered into in connection with the Note A-7 Securitization.

 

“Note
A-7 Securitization” shall have the meaning assigned such term in the recitals.

 

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

 

“P&I
Advance” shall mean an advance made by a party to any PSA 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.

 

“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.

 

“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.

 

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

 

     -11-

    

    

 

“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 any Holder or one or more of the following (other than a Borrower or any entity
which is a Borrower Party Affiliate):

 

(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

 

(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

 

     -12-

    

    

 

“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 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, 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

 

     -13-

    

    

 

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 Directing 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 and any other applicable 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 Note A-1-1 Securitization, the Note A-1-2 Securitization, the Note A-1-3 Securitization, the Note A-1-4 Securitization,
the Note A-2 Securitization, the Note A-3 Securitization, the Note A-4 Securitization, the Note A-5 Securitization, the Note A-6
Securitization, the Note A-7 Securitization and/or any other securitization in which a Note may be included, as applicable.

 

“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.

 

     -14-

    

    

 

“Servicing
Agreement” shall mean the Lead Securitization PSA; provided that in the event the Lead Note is no longer an asset
of the trust fund created pursuant to the Lead Securitization 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 applicable PSA, as the context indicates.

 

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

 

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

 

     -15-

    

    

 

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 Lead Note 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, that until a replacement Servicing Agreement has been entered into (and such
Rating Agency Confirmation has been obtained), the Lead Note 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, 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 Lead Note 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)), the 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 the Servicing Agreement, and any Holder who is not a Borrower or a Borrower Party Affiliate
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.

 

(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

 

     -16-

    

    

 

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. The Notes shall be of equal priority, and no portion of any Note shall have priority or preference
over any portion of any 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 the Notes on a Pro Rata and
Pari Passu Basis.

 

Penalty
Charges paid in respect of the Mortgage Loan shall be used (i) first, to pay the Master Servicer, the Trustee or the
Special Servicer for interest accrued on any Property Advances, (ii) second, to pay the parties to any Securitization
for interest accrued on any P&I Advance, (iii) third, to pay other expenses incurred with respect to the Mortgage
Loan and (iv) fourth, to pay, pro rata, to the Lead Note (to be paid to the Master Servicer and/or the Special Servicer
as additional servicing compensation as provided in the Servicing Agreement) and each Non-Lead Note (to be paid to the Master
Servicer and/or the Special Servicer as additional servicing compensation as provided in the Servicing Agreement).

 

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 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 equal priorities of the Notes, as described in Section 3.

 

     -17-

    

    

 

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 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 related to the applicable Note all payments received with respect to and allocable to each Note;
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 any Note determines, or a court of competent
jurisdiction orders, at any time that any amount received or collected in respect of such Note must, pursuant to any insolvency,
bankruptcy, fraudulent conveyance, preference or similar law, be returned to the Borrower or paid to the Lead Note 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 related Holder, and such Holder shall promptly on demand repay to such Servicer the portion
thereof which shall have been theretofore distributed to such Holder, together with interest thereon at such rate, if any, as
such Servicer shall have been required to pay to the Borrower, any Holder, any Servicer or such other person or entity with respect
thereto. Each 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 any Holder with respect to the Mortgage Loan against any future
payments due to such Holder under the Mortgage Loan, provided, that the obligations of each 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 each 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.

 

     -18-

    

    

 

(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.

 

(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 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).

 

     -19-

    

    

 

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 between 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 the Notes 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 Affiliate, and receive payments on such
other loans or extensions of credit to any Borrower Party Affiliate and otherwise act with respect thereto freely and 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 or the consent
of any other Holder. Each Holder agrees it shall not Transfer more than 49% (in the aggregate) of its beneficial interest in its
Note, unless the transferee is a Qualified Transferee or (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 must be 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 each non-transferring Holder’s
prior consent (which shall not be unreasonably withheld), and, if any 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 related Depositor to rate the securities
issued in connection with such Securitization, no Holder shall Transfer all or any

 

     -20-

    

    

 

portion
of its Note to a Borrower or a Borrower Party Affiliate 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,
which certification shall 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 a Borrower or any Borrower Party Affiliate) 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 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 if 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

 

     -21-

    

    

 

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 the 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 a Borrower or any Borrower Party Affiliate) 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 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

 

     -22-

    

    

 

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 Master 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 Master 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:

 

(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.

 

     -23-

    

    

 

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 Holders shall be permitted to submit an offer at any sale of the Defaulted Mortgage Loan (unless such Person is a
Borrower or a Borrower Party Affiliate).

 

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 Holder 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 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

 

     -24-

    

    

 

 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.

 

(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

 

     -25-

    

    

 

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, that if a Non-Directing
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 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.

 

     -26-

    

    

 

(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 or a Borrower Party Affiliate 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 Master 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, in each case, subject
to customary determinations of recoverability, 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 Master 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 Master 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 related PSA.

 

(b)         
The Master 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, 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 Master Servicer for any Property Advance and/or interest thereon and the Master 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 Master 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 Master 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 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 such PSA.

 

     -27-

    

    

 

(e)          
If the Master Servicer or the related Trustee elects to defer the reimbursement of a Property Advance in accordance with
the terms of the Servicing Agreement, the Master 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 severed, 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 or severed Notes
prior to such amendments, (ii) all New Notes continue to have the same interest rate as the other Notes, (iii) all Amended Notes
and New Notes pay pro rata and on a pari passu basis with all other Notes, and such Amended Notes and New Notes
shall be automatically subject to the terms of this Agreement and (iv) the Resizing Holder shall notify each other Holder, 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 Amended Notes or New Notes, as applicable, and the related principal amounts. In 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-1-1 in the
definition of “Lead Note” 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)         
Each 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 related Non-Lead Servicing Agreement to provide as follows:

 

(i)           
the applicable Non-Lead Master Servicer or Trustee for such Securitization shall be required to notify the Master Servicer,
Special Servicer, each other Non-Lead Master Servicer, each other Non-Lead Special Servicer and each Trustee 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;

 

     -28-

    

    

 

(ii)           
if the applicable Non-Lead Master Servicer, Non-Lead Special Servicer or Trustee for such Securitization determines that
a proposed P&I Advance, if made, or any outstanding P&I Advance previously made, under such Non-Lead Servicing Agreement
would be, or is, as applicable, a nonrecoverable advance, the Non-Lead Master Servicer shall provide the Servicers and each other
Non-Lead Master Servicer and each other Non-Lead Special Servicer 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 (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 Non-Lead Master Servicer will be required to pay the Master Servicer,
Special Servicer or Trustee under the Servicing Agreement, as applicable, its pro rata share of such amounts 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 Collection Account from funds unrelated to the Mortgage Loan, then the Non-Lead Master Servicer under the related Non-Lead
Servicing Agreement will be required to reimburse the Lead Securitization Trust for its pro rata share of such amounts
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 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 its servicing of the Mortgage
Loan, and the related Non-Lead Master Servicer 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 for its pro rata share of such amounts;

 

(v)           
(a) 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 Property
Advances made with respect to the Mortgage Loan 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 for its pro rata share of any claims, losses, penalties,
fines, forfeitures, legal fees and related costs, judgments and any other costs, liabilities, fees and expenses, incurred in connection
with servicing the Mortgage Loan and (b) 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 Property Advances made
with respect to the Mortgage Loan 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 for its pro rata share of any claims, losses, penalties,
fines, forfeitures, legal fees and

 

     -29-

    

    

 

related
costs, judgments and any other costs, liabilities, fees and expenses, incurred in connection with its servicing of the Mortgage
Loan; and

 

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

 

In
each of clauses (i) through (v) above, “pro rata share” shall mean each Non-Lead Note Holder’s pro
rata share based on the outstanding principal balance of its related Non-Lead Note.

 

(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 Non-Directing Holder under such PSA. In
addition, after the closing date of the related Securitization for any Non-Lead Note, the related Holder shall send a copy of
the related PSA to the Master Servicer, the Special Servicer and the Depositor 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) in EDGAR-compatible
format.

 

(d)          The
Servicing Agreement shall:

 

(i)            provide
that the Master Servicer and Trustee for such Securitization shall be required to notify the Non-Lead Master Servicer, the Non-Lead
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 the Lead Securitization within two Business Days of making such advance;

 

(ii)           provide that if the Master Servicer, Special Servicer or Trustee of the Lead Securitization 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 Non-Lead Master Servicers and the Non-Lead Special 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 Non-Lead Master Servicer all reports required to be delivered by the
Master Servicer to the Certificate Administrator under the Lead Servicing Agreement (which shall include all loan-level reports
constituting the CREFC® Investor Reporting Package (IRP)) pursuant to the terms of the Lead Servicing Agreement on a monthly
basis;

 

     -30-

    

    

 

(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 other PSA 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, the Lead Note Holder (or the Master Servicer on its behalf) shall provide in a timely manner to the Depositor and
the Trustee for any Non-Lead Securitization a copy of the Servicing Agreement in EDGAR-compatible format, and the Master 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 Non-Lead 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 Master Servicer, 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. 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 Non-Lead Note, the Master Servicer shall withdraw from the related Collection Account
and remit to the Holder of such 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

 

     -31-

    

    

 

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, that to the extent any such amounts
are received after 3:00 p.m. Eastern time on any given Business Day, the Master Servicer shall use commercially reasonable efforts
to remit such late collections to the Non-Lead Holder 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 (2) 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 Non-Lead Master Servicer 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 Non-Serviced Master Servicer and Non-Serviced 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 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 timely 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

 

     -32-

    

    

 

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 a 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 such Non-Lead Note Holder, to appoint a subservicer with
respect to the related Non-Lead Note. Upon the occurrence of a servicer termination event with respect to the Special Servicer
affecting a Non-Lead Note Holder and the Special Servicer is not otherwise terminated pursuant to the Servicing Agreement, the
Trustee shall, upon direction of such 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 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, each Non-Lead Master Servicer and each Trustee is an

 

     -33-

    

    

 

 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 (other than the Non-Lead
Notes) will be held by the Trustee of the Lead Securitization (or by a custodian on its behalf) under the terms of the Note A-1-1
PSA on behalf of all of the Holders.

 

[NO
FURTHER TEXT ON THIS PAGE]

 

     -34-

    

    

 

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

 

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

 

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

  

	 	Note A-1-2 Holder:
	 	 	 
	 	DEUTSCHE
    BANK AG, ACTING THROUGH ITS NEW YORK BRANCH
	 	 	 
	 	By:	 /s/ Natalie Grainger
	 	 	Name: Natalie Grainger
	 	 	Title: Director

 

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

   

    A-1

    

    

 

	 	Note A-1-3 Holder:
	 	 	 
	 	DEUTSCHE
    BANK AG, ACTING THROUGH ITS NEW YORK BRANCH
	 	 	 
	 	By:	 /s/ Natalie Grainger
	 	 	Name: Natalie Grainger
	 	 	Title: Director

 

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

 

	 	Note A-1-4 Holder:
	 	 	 
	 	DEUTSCHE
    BANK AG, ACTING THROUGH ITS NEW YORK BRANCH
	 	 	 
	 	By:	 /s/ Natalie Grainger
	 	 	Name: Natalie Grainger
	 	 	Title: Director

 

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

   

    A-2

    

    

 

	 	Note A-2 Holder:
	 	 	 
	 	DEUTSCHE
    BANK AG, ACTING THROUGH ITS NEW YORK BRANCH
	 	 	 
	 	By:	/s/ Matt Smith
	 	 	Name: Matt Smith
	 	 	Title: Director

 

	 	By:	/s/ Natalie
    Grainger
	 	 	Name: Natalie Grainger
	 	 	Title: Director

 

DBGS
2018-C1– Co-Lender Agreement – Moffet Towers E, F, G

 

     

    

    

 

	 	Note A-3 Holder:
	 	 	 
	 	DEUTSCHE
    BANK AG, ACTING THROUGH ITS NEW YORK BRANCH
	 	 	 
	 	By:	/s/ Matt Smith
	 	 	Name: Matt Smith
	 	 	Title: Director

 

	 	By:	/s/ Natalie
    Grainger
	 	 	Name: Natalie Grainger
	 	 	Title: Director

 

DBGS
2018-C1– Co-Lender Agreement – Moffet Towers E, F, G

 

     

    

    

 

	 	Note A-4 Holder:
	 	 	 
	 	DEUTSCHE
    BANK AG, ACTING THROUGH ITS NEW YORK BRANCH
	 	 	 
	 	By:	/s/ Matt Smith
	 	 	Name: Matt Smith
	 	 	Title: Director

 

	 	By:	/s/ Natalie
    Grainger
	 	 	Name: Natalie Grainger
	 	 	Title: Director

  

DBGS
2018-C1– Co-Lender Agreement – Moffet Towers E, F, G

 

     

    

    

 

	 	Note A-5 Holder:
	 	 	 
	 	GOLDMAN
    SACHS MORTGAGE COMPANY, a New York limited partnership
	 	 	 
	 	By:	/s/ Leah Nivison
	 	 	Name: Leah Nivison
	 	 	Title: Authorized Signatory

  

DBGS
2018-C1– Co-Lender Agreement – Moffet Towers E, F, G

 

     

    

    

 

	 	Note A-6 Holder:
	 	 	 
	 	WELLS
    FARGO BANK, NATIONAL ASSOCIATION
	 	 	 
	 	By:	/s/ Jeffery L. Cirillo
	 	 	Name: Jeffery L. Cirillo
	 	 	Title: Managing Director

 

DBGS
2018-C1– Co-Lender Agreement – Moffet Towers E, F, G

 

     

    

    

 

	 	Note A-7 Holder:
	 	 	 
	 	WELLS
    FARGO BANK, NATIONAL ASSOCIATION
	 	 	 
	 	By:	/s/ Jeffery L. Cirillo
	 	 	Name: Jeffery L. Cirillo
	 	 	Title: Managing Director

 

DBGS
2018-C1– Co-Lender Agreement – Moffet Towers E, F, G

 

     

    

    

 

EXHIBIT
A

 

MORTGAGE
LOAN SCHEDULE

 

A.       Description
of Mortgage Loan

 

	Borrower:	MT3
    EFG Real Estate LLC
	Mortgage
    Loan Origination Date:  	September
    7, 2018
	Initial
    Principal Amount of Mortgage Loan:	$284,000,000
	Location
    of Mortgaged Property:	1120,
    1140 & 1160 Enterprise Way, Sunnyvale, California
	Current
    Use of Mortgaged Property:	Office
    Building
	Mortgage
    Interest Rate:	Note
A-1-1: 4.13098592% 

        Note
A-1-2: 4.13098592% 

        Note
A-1-3: 4.13098592% 

        Note
A-1-4: 4.13098592% 

        Note
A-2: 4.13098592% 

        Note
A-3: 4.13098592% 

        Note
A-4: 4.13098592% 

        Note
A-5: 4.13098592% 

        Note
A-6: 4.13098592% 

        Note
A-7: 4.13098592% 

	Maturity
    Date:	October
    6, 2028

 

    A-9

    

    

 

B.       Description
of Notes

 

	Mortgage
    Loan Origination Date:	September
    7, 2018
	Initial
    Note A-1-1 Principal Balance:	$23,200,000
	Initial
    Note A-1-2 Principal Balance:	$15,000,000
	Initial
    Note A-1-3 Principal Balance:	$15,000,000
	Initial
    Note A-1-4 Principal Balance:	$6,800,000
	Initial
    Note A-2 Principal Balance:	$50,000,000
	Initial
    Note A-3 Principal Balance:	$40,000,000
	Initial
    Note A-4 Principal Balance:	$20,400,000
	Initial
    Note A-5 Principal Balance:	$56,800,000
	Initial
    Note A-6 Principal Balance:	$30,000,000
	Initial
    Note A-7 Principal Balance:	$26,800,000
	Initial
    Note A-1-1 Percentage Interest	8.17%
	Initial
    Note A-1-2 Percentage Interest	5.28%
	Initial
    Note A-1-3 Percentage Interest	5.28%
	Initial
    Note A-1-4 Percentage Interest	2.39%
	Initial
    Note A-2 Percentage Interest	17.61%
	Initial
    Note A-3 Percentage Interest	14.08%
	Initial
    Note A-4 Percentage Interest	7.18%
	Initial
    Note A-5 Percentage Interest	20.00%
	Initial
    Note A-6 Percentage Interest	10.56%
	Initial
    Note A-7 Percentage Interest	9.44%
	Note
    A-1-1 Interest Rate:	4.13098592%
	Note
    A-1-2 Interest Rate:	4.13098592%
	Note
    A-1-3 Interest Rate:	4.13098592%
	Note
    A-1-4 Interest Rate:	4.13098592%
	Note
    A-2 Interest Rate:	4.13098592%
	Note
    A-3 Interest Rate:	4.13098592%
	Note
    A-4 Interest Rate:	4.13098592%
	Note
    A-5 Interest Rate:	4.13098592%
	Note
    A-6 Interest Rate:	4.13098592%
	Note
    A-7 Interest Rate:	4.13098592%
	Note
    A-1-1 Default Interest Rate:	Lesser
    of (a) the maximum rate permitted by law or (b) five percent (5%) above the Note A-1-1 Interest Rate
	Note
    A-1-2 Default Interest Rate:	Lesser
    of (a) the maximum rate permitted by law or (b) five percent (5%) above the Note A-1-2 Interest Rate
	Note
    A-1-3 Default Interest Rate:	Lesser
    of (a) the maximum rate permitted by law or (b) five percent (5%) above the Note A-1-3 Interest Rate
	Note
    A-1-4 Default Interest Rate:	Lesser
of (a) the maximum rate permitted by law or (b) five percent (5%) above the Note

 

    A-10

    

    

 

	 	A-1-4 Interest Rate
	Note
    A-2 Default Interest 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 Interest Rate:	Lesser
    of (a) the maximum rate permitted by law or (b) five percent (5%) above the Note A-3 Interest Rate
	Note
    A-4 Default Interest Rate:	Lesser
    of (a) the maximum rate permitted by law or (b) five percent (5%) above the Note A-4 Interest Rate
	Note
    A-5 Default Interest Rate:	Lesser
    of (a) the maximum rate permitted by law or (b) five percent (5%) above the Note A-5 Interest Rate
	Note
    A-6 Default Interest Rate:	Lesser
    of (a) the maximum rate permitted by law or (b) five percent (5%) above the Note A-6 Interest Rate
	Note
    A-7 Default Interest Rate:	Lesser
    of (a) the maximum rate permitted by law or (b) five percent (5%) above the Note A-7 Interest Rate

 

    A-11

    

    

 

EXHIBIT
B

 

Note A-1-1
Holder, Note A-1-2 Holder, Note A-1-3 Holder, Note A-1-4 Holder, Note A-2 Holder, Note A-3 Holder and Note A-4 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

 

Note A-5 Holder:

 

Goldman
Sachs Mortgage Company 

200
West Street 

New
York, New York 10282 

Attention:
Leah Nivison 

Email:
leah.nivison@gs.com

 

With
a copy to:

 

Goldman
Sachs Mortgage Company 

200
West Street 

New
York, New York 10282 

Attention:
Joe Osborne 

Email:
joe.osborne@gs.com

 

Note A-6 Holder
and Note A-7 Holder:

 

Wells
Fargo Bank, National Association

375 Park Avenue, 2nd Floor

J0127-023

New York, New York 10152

Attention: A.J. Sfarra

 

With
a copy to:

 

    B-1

    

    

 

Jeff
D. Blake, Esq.

Senior Counsel

Wells Fargo Law Department

D1053-300

301 South College St.

Charlotte, North Carolina 28288

 

    B-2

    

    

 

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 4.19

 

Execution Copy

 

CO-LENDER
AGREEMENT

 

Dated
as of August 24, 2018

by and among

 

STARWOOD
MORTGAGE CAPITAL LLC

(Initial Note A-1 Holder),

 

STARWOOD
MORTGAGE CAPITAL LLC

(Initial Note A-2 Holder),

 

STARWOOD
MORTGAGE CAPITAL LLC

(Initial Note A-3 Holder),

 

STARWOOD
MORTGAGE CAPITAL LLC

(Initial Note A-4 Holder),

 

and

 

STARWOOD
MORTGAGE CAPITAL LLC

(Initial Note A-5 Holder)

 

Zenith
Ridge

 

     

     

    

 

TABLE
OF CONTENTS

 

 

	 	Page
	 	 
	Section
    1   Definitions	2
	Section
    2   Servicing of the Mortgage Loan	17
	Section
    3   Priority of Payments	25
	Section
    4   Workout	26
	Section
    5   Administration of the Mortgage Loan	26
	Section
    6   Appointment of Controlling Note Holder Representative and Non-Controlling Note Holder Representative	31
	Section
    7   Appointment of Special Servicer	34
	Section
    8   Payment Procedure	35
	Section
    9   Limitation on Liability of the Note Holders	36
	Section
    10   Bankruptcy	36
	Section
    11   Representations of the Note Holders	37
	Section
    12   No Creation of a Partnership or Exclusive Purchase Right	37
	Section
    13   Other Business Activities of the Note Holders	37
	Section
    14   Sale of the Notes	38
	Section
    15   Registration of the Notes and Each Note Holder	40
	Section
    16   Governing Law; Waiver of Jury Trial	41
	Section
    17   Submission to Jurisdiction; Waivers	41
	Section
    18   Modifications	42
	Section
    19   Successors and Assigns; Third Party Beneficiaries	42
	Section
    20   Counterparts	42
	Section
    21   Captions	42
	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	44
	Section
    27   Notices	45
	Section
    28   Broker	45
	Section
    29   Certain Matters Affecting the Agent	46
	Section
    30   Termination and Resignation of Agent	46
	Section
    31   Resizing	47
	Section
    32   Statement of Intent	47

 

     i

    

    

 

THIS
CO-LENDER AGREEMENT (this “Agreement”) is dated as of August 24, 2018, by and among STARWOOD MORTGAGE CAPITAL
LLC, a Delaware limited liability company (“Starwood” and together with its successors and assigns in interest,
in its capacity as initial owner of the Note A-1, the “Initial Note A-1 Holder”), and in its capacity
as the initial agent, the “Initial Agent”), STARWOOD MORTGAGE CAPITAL LLC, a Delaware limited liability company
(together with its successors and assigns in interest, in its capacity as initial owner of the Note A-2, the “Initial
Note A-2 Holder”), STARWOOD MORTGAGE CAPITAL LLC, a Delaware limited liability company (together with its successors
and assigns in interest, in its capacity as initial owner of the Note A-3, the “Initial Note A-3 Holder”),
STARWOOD MORTGAGE CAPITAL LLC, a Delaware limited liability company (together with its successors and assigns in interest, in
its capacity as initial owner of the Note A-4, the “Initial Note A-4 Holder”), and STARWOOD MORTGAGE CAPITAL
LLC, a Delaware limited liability company (together with its successors and assigns in interest, in its capacity as the initial
owner of the Note A-5, the “Initial Note A-5 Holder”, and together with the Initial Note A-1 Holder, the Initial
Note A-2 Holder, the Initial Note A-3 Holder and the Initial A-4 Holder, the “Initial Note Holders”).

 

W I T N E S S E T H:

 

WHEREAS,
pursuant to the Mortgage Loan Agreement (as defined herein), Starwood Mortgage Capital LLC (“Original Lender”)
originated a certain loan described on the schedule attached hereto as Exhibit A (the “Mortgage Loan Schedule”)
(the “Mortgage Loan”) to the mortgage loan borrower described on the Mortgage Loan Schedule (the “Mortgage
Loan Borrower”), which was evidenced, inter alia, by five promissory notes (as amended, modified or supplemented,
the “Notes”): (i) one promissory note in the original principal amount of $35,000,000 (“Note A-1”)
made by the Mortgage Loan Borrower in favor of the Original Lender (“Initial Note A-1”), (ii) one
promissory note in the original principal amount of $30,000,000 (“Note A-2”), made by the Mortgage Loan Borrower
in favor of the Original Lender (“Initial Note A-2”); (iii) one promissory note in the original principal
amount of $10,000,000 (“Note A-3”), made by the Mortgage Loan Borrower in favor of the Original Lender (“Initial Note A-3”);
(iv) one promissory note in the original principal amount of $10,000,000 (“Note A-4”), made by the Mortgage
Loan Borrower in favor of the Original Lender (“Initial Note A-4”); and (v) one promissory note in
the original principal amount of $5,000,000 (“Note A-5”), made by the Mortgage Loan Borrower in favor of the
Original Lender (“Initial Note A-5”); and secured by a fee mortgage (as amended, modified or supplemented,
the “Mortgage”) on certain real property located as described in the Mortgage Loan Agreement (collectively,
the “Mortgaged Property”);

 

WHEREAS,
the Initial Note A-1 Holder, the Initial Note A-2 Holder, the Initial Note A-3 Holder, the Initial Note A-4 Holder and the Initial
Note A-5 Holder desire to memorialize the terms under which they, and their successors and assigns, shall hold Note A-1, Note
A-2 Note, A-3, Note A-4 and Note A-5, respectively;

 

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 by such term or other analogous term 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.

 

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

 

“Agent”
shall mean the Initial Agent or such Person to whom the Initial Agent shall delegate its duties hereunder, and, from and after
the Note A-1 Securitization Date, shall mean the Master Servicer.

 

“Agent
Office” shall mean the designated office of the Agent in the State of New York, which office at the date of this Agreement
is located at 1601 Washington Avenue, Suite 800, Miami Beach, Florida 33139, Attention: Leslie Fairbanks, and which 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 Noteholders.

 

“Agreement”
shall mean this Agreement between Note Holders, the exhibits and schedule 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
Representations Reviewer” shall mean the asset representations reviewer appointed as provided in the Lead Securitization
Servicing Agreement.

 

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

 

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

 

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

 

“CDO
Asset Manager” with respect to any Securitization Vehicle which is a CDO, 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).

 

“Certificate
Account” shall mean “Certificate Account” or other analogous term as defined in the Lead Securitization
Servicing Agreement.

 

“Certificate
Administrator” shall mean the certificate administrator appointed as provided in the Lead Securitization Servicing Agreement.

 

    2 

     

    

 

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

 

“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 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 (“Controlled”
and “Controls” have meanings correlative thereto.)

 

“Controlling
Class Representative” shall have the meaning assigned to the term “Directing Certificateholder” in
the Lead Securitization Servicing Agreement.

 

“Controlling
Note Holder” shall mean the Note A-1 Holder; provided that at any time Note A-1 is included in the Lead
Securitization, references to the “Controlling Note Holder” herein shall mean the holders of the majority of the
class of securities 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 that if at any time more than 50% of
Note A-1 (or class of securities 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 Party, Note A-1 (or the class of securities 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 and the Note A-2 Holder shall be
the Controlling Note Holder, unless, if at any time more than 50% of Note A-2 (or the class of securities issued in the
Non-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 Party, in which case the
Note A-2 Holder (or the class of securities issued in the Note A-2 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 and the Note A-3 Holder shall be
the Controlling Note Holder, unless, if at any time more than 50% of Note A-3 (or class of securities issued in the Note A-3
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 Party, in which case the Note A-3
Holder (or the class of securities issued in the Note A-3 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 and the Note A-4 Holder shall be the Controlling
Note Holder, unless, if at any time more than 50% of Note A-4 (or the class of securities issued in the Non-Lead
Securitization designated as the “controlling class” or such other class(es) otherwise

 

    3 

     

    

 

 assigned the rights to exercise the rights of the “Controlling
Note Holder”) is held by a Borrower Party, in which case the Note A-4 Holder (or the class of securities issued in the Note
A-4 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 and the Note A-5 Holder shall be the Controlling Note Holder, unless, if at any time more than 50% of Note A-5 (or
the class of securities issued in the Note A-5 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
Party, in which case no person shall be entitled to exercise the rights of the Controlling Note Holder.

 

“Controlling
Note Holder Representative” shall have the meaning assigned to such term in Section 6(a).

 

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

 

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

 

“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.

 

“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.

 

“Initial
Note A-5 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 the Mortgage Loan Borrower, any action
for the dissolution

 

    4 

     

    

 

of the Mortgage Loan Borrower, any proceeding (judicial or otherwise) concerning the application of the assets
of the 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 the Mortgage Loan Borrower or
any other action concerning the adjustment of the debts of the Mortgage Loan Borrower, the cessation of business by the Mortgage
Loan Borrower, except following a sale, transfer or other disposition of all or substantially all of the assets of the Mortgage
Loan Borrower in a transaction permitted under the Mortgage Loan Documents; provided, however, that following any
such permitted transaction affecting the title to the Mortgaged Property, the Mortgage Loan Borrower for purposes of this Agreement
shall be defined to mean the successor owner of the Mortgaged Property from time to time as may be permitted pursuant to the Mortgage
Loan Documents; provided, further, however, that for the purposes of this definition, in the event that 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 Interest Rate (as defined in the Mortgage Loan Documents).

 

“Intervening
Trust Vehicle” with respect to any Securitization Vehicle that is a CDO, 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 CDO.

 

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

 

“Lead
Securitization” shall mean the Securitization Trust to be designated by the Initial Note A-1 Holder.

 

“Lead
Securitization Note” shall mean Note A-1.

 

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

 

“Lead
Securitization Servicing Agreement” shall mean the pooling and servicing agreement to be entered into in connection
with the Securitization of Note A-1. The Servicing Standard in the Lead Securitization Servicing Agreement shall require, among
other things, that each Servicer, in servicing the Mortgage Loan, must take into account the interests of each Note Holder.

 

“Lead
Securitization Subordinate Class Representative” shall mean the “Controlling Class Representative” as defined
in the Lead Securitization Servicing Agreement or such other analogous term used in the Lead Securitization Servicing Agreement.

 

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

 

“Loan
Combination Custodial Account” shall mean “Loan Combination Custodial Account” or other analogous term as
defined in the Lead Securitization Servicing Agreement.

 

    5 

     

    

 

“Major
Decisions” shall have the meaning given to such term or any one or more analogous terms in the Lead Securitization Servicing
Agreement; provided that at any time that no Note is included in the Lead Securitization “Major Decision” shall
mean:

 

(i)       any
proposed or actual foreclosure upon or comparable conversion (which shall include acquisitions of any REO Property) of the ownership
of the property or properties securing the Mortgage Loan if it comes into and continues in default;

 

(ii)       any
modification, consent to a modification or waiver of any monetary term (other than late fees and default interest) or material
non-monetary term (including, without limitation, the timing of payments and acceptance of discounted payoffs) of the Mortgage
Loan or any extension of the maturity date of the Mortgage Loan;

 

(iii)      following
a default or an event of default with respect to the Mortgage Loan, any exercise of remedies, including the acceleration of the
Mortgage Loan or initiation of any proceedings, judicial or otherwise, under the related Mortgage Loan Documents;

 

(iv)      any
sale of the Mortgage Loan (when it is a Defaulted Mortgage Loan) or REO Property for less than the applicable Purchase Price (as
defined in the Lead Securitization Servicing Agreement);

 

(v)       any
determination to bring a Mortgaged Property or an REO Property into compliance with applicable environmental laws or to otherwise
address any Hazardous Materials (as defined in the Lead Securitization Servicing Agreement) located at a Mortgaged Property or
an REO Property;

 

(vi)      any
release of material collateral or any acceptance of substitute or additional collateral for the Mortgage Loan or any consent to
either of the foregoing, other than if required pursuant to the specific terms of the related Mortgage Loan Documents and for
which there is no lender discretion;

 

(vii)     any
waiver of a “due-on-sale” or “due-on-encumbrance” clause with respect to the Mortgage Loan or any consent
to such a waiver or consent to a transfer of a Mortgaged Property or interests in the borrower;

 

(viii)     any
incurrence of additional debt by a borrower or any mezzanine financing by any beneficial owner of a borrower (to the extent that
the lender has consent rights pursuant to the related Mortgage Loan Documents);

 

(ix)       any
material modification, waiver or amendment of an intercreditor agreement, co-lender agreement or similar agreement with any mezzanine
lender or subordinate debt holder related to the Mortgage Loan, or any action to enforce rights (or decision not to enforce rights)
with respect thereto, or any material modification, waiver or amendment thereof;

 

    6 

     

    

 

(x)       any
property management company changes, including, without limitation, approval of the termination of a manager and appointment of
a new property manager or franchise changes (in each case, if the lender is required to consent or approve such changes under
the Mortgage Loan Documents);

 

(xi)       releases
of any material amounts from any escrow accounts, reserve funds or letters of credit, in each case, held as performance escrows
or reserves, other than those required pursuant to the specific terms of the related Mortgage Loan Documents and for which there
is no lender discretion;

 

(xii)      any
acceptance of an assumption agreement releasing a borrower, guarantor or other obligor from liability under the Mortgage Loan
other than pursuant to the specific terms of such Mortgage Loan and for which there is no lender discretion;

 

(xiii)     any
determination of an Acceptable Insurance Default (as defined in the Lead Securitization Servicing Agreement);

 

(xiv)     any
determination by the Master Servicer to transfer the Mortgage Loan to the Special Servicer under the circumstances described in
paragraph (c) of the definition of “Specially Serviced Mortgage Loan” (as defined in the Lead Securitization Servicing
Agreement); or

 

(xv)      any
approval of a Major Lease (as defined in the Mortgage Loan Documents) to the extent lender’s approval is required by the
Mortgage Loan Documents;.

 

“Master
Servicer” shall mean the master servicer appointed as provided in the Lead Securitization Servicing Agreement.

 

“Monthly
Payment Date” shall mean the Monthly Payment Date (as defined in 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
Loan” shall have the meaning assigned to such term in the recitals.

 

“Mortgage
Loan Agreement” shall mean the Loan Agreement, dated as of July 13, 2018, between the Mortgage Loan Borrower and Starwood
Mortgage Capital LLC, a Delaware limited liability company, as Lender, as the same may be further amended, restated, supplemented
or otherwise modified from time to time, subject to the terms hereof.

 

    7 

     

    

 

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

 

“Mortgage
Loan Borrower Related Party” shall have the meaning assigned to such term in Section 13.

 

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

 

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

 

“Non-Controlling
Notes” shall mean, collectively, Note A-2, Note A-3, Note A-4 and Note A-5.

 

“Non-Controlling
Note Holders” means, collectively, the Note A-2 Holder, Note A-3 Holder, the Note A-4 Holder and the Note A-5 Holder;
provided that at any time Note A-2, Note A-3, Note A-4 or Note A-5 is included in a Securitization, references to the “Non-Controlling
Note Holder” herein shall mean the applicable Non-Lead Securitization Subordinate Class Representative or any other party
assigned the rights to exercise the rights of the related “Non-Controlling Note Holder” hereunder, as and to the extent
provided in the related 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 that if at any time more than
50% of Note A-1 is held by a Borrower Party, Note A-1 shall not be entitled to exercise any rights of the Controlling Note Holder
and the Note A-2 Holder shall be the Controlling Note Holder unless more than 50% of Note A-2 is held by a Borrower Party. If
more than 50% of each of Note A-1 and Note A-2 is held by a Borrower Party, the Note A-3 Holder shall be the Controlling Note
Holder unless more than 50% of Note A-3 is held by a Borrower Party. If more than 50% of each of Note A-1, Note A-2 and Note A-3
is held by a Borrower Party, the Note A-4 Holder shall be the Controlling Note Holder unless more than 50% of Note A-4 is held
by a Borrower Party. If more than 50% of each of Note A-1, Note A-2, Note A-3 and Note A-4 is held by a Borrower Party, the Note
A-5 Holder shall be the Controlling Note Holder unless more than 50% of Note A-5 is held by a Borrower Party. If more than 50%
of each of Note A-1, Note A-2, Note A-3, Note A-4 and Note A-5 is held by a Borrower Party, no person shall be entitled to exercise
the rights of the Controlling Note Holder. 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 the applicable
“Non-Controlling Note Holder” herein or under the Lead Securitization Servicing Agreement and, (x) to the extent that
the related Non-Lead Securitization Servicing Agreement assigns such rights to more than one party or (y) to the extent that the
related Non-Controlling Note is split into two or more New Notes pursuant to Section 31, for purposes of this Agreement, the applicable
Non-Lead Securitization

 

    8 

     

    

 

Servicing Agreement or the holders of such New Notes shall designate one party to deal with 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-Controlling Note Holder, as the Non-Controlling Note Holder for all purposes of this Agreement. As
of the date hereof and until further notice from the Non-Lead Securitization Note Holder (or the Non-Lead Master Servicer or another
party acting on its behalf), the Initial Note A-2 Holder is the Non-Controlling Note Holder.

 

Prior
to Securitization of the any Non-Lead Securitization Note (including any New Notes), all notices, reports, information or other
deliverables required to be delivered to the applicable Non-Lead Securitization Note Holder or the applicable Non-Controlling
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 Non-Controlling Note Holder
Representative (to the extent that the identity of the Non-Controlling Note Holder Representative is known) and, when so delivered
to the 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 the applicable Non-Lead Securitization Note,
all notices, reports, information or other deliverables required to be delivered to the applicable Non-Lead Securitization Note
Holder or the applicable Non-Controlling 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 Non-Lead Master Servicer (who then may forward such items to the party entitled to receive such items as and to the extent
provided in the applicable Non-Lead Securitization Servicing Agreement) and, when so delivered to the applicable Non-Lead Master
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-Controlling
Note Holder Representative” shall have the meaning assigned to such term in Section 6(c).

 

“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” or other analogous term
under the applicable Non-Lead Securitization Servicing Agreement.

 

    9 

     

    

 

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

 

“Non-Lead
Master Servicer” shall have the meaning assigned to such term in Section 2(c).

 

“Non-Lead
Operating Advisor” shall mean the “trust advisor”, “operating advisor” or other analogous term
under the applicable Non-Lead Securitization Servicing Agreement.

 

“Non-Lead
Securitization Notes” shall mean, collectively, Note A-2, Note A-3, Note A-4 and Note A-5.

 

“Non-Lead
Securitization Note Holders” shall mean the holders of the Non-Lead Securitization Notes.

 

“Non-Lead
Securitization Servicing Agreement” shall have the meaning assigned to such term in Section 2(c).

 

“Non-Lead
Securitization Subordinate Class Representative” shall mean the holders of the majority of the class of securities issued
in the Securitization of the applicable Non-Lead Securitization Note designated as the “controlling class” pursuant
to the applicable Non-Lead Securitization Servicing Agreement or their duly appointed representative; provided that if 50% or
more of the class of securities issued in the applicable Non-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 the Mortgage Loan Borrower or an Affiliate of the Mortgage Loan Borrower, no person shall be entitled to exercise the rights
of the Non-Lead Securitization Subordinate Class Representative.

 

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

 

“Non-Lead
Special Servicer” shall have the meaning assigned to such term in Section 2(c).

 

“Non-Lead
Trustee” shall have the meaning assigned to such term in Section 2(c).

 

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

 

“Note
A-1 Holder” shall mean the Initial Note A-1 Holder or any subsequent holder of Note A-1, as applicable.

 

“Note
A-1 Principal Balance” shall mean, with respect to the Mortgage Loan, at any time of determination, the Initial Note
A-1 Principal Balance set forth on the Mortgage Loan Schedule, less any payments of principal thereon received by the Note A-1
Holder or reductions in such amount pursuant to Section 3 or 4, as applicable.

 

“Note
A-1 Securitization Date” shall mean the effective date on which the Securitization of Note A-1 is consummated.

 

    10 

     

    

 

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

 

“Note
A-2 Holder” shall mean the Initial Note A-2 Holder or any subsequent holder of Note A-2, as applicable.

 

“Note
A-2 Principal Balance” shall mean, with respect to the Mortgage Loan, at any time of determination, the Initial Note
A-2 Principal Balance set forth on the Mortgage Loan Schedule, less any payments of principal thereon received by the Note A-2
Holder or reductions in such amount pursuant to Section 3 or 4, as applicable.

 

“Note
A-2 Securitization Date” shall mean the effective date on which the Securitization of Note A-2 is consummated.

 

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

 

“Note
A-3 Holder” shall mean the Initial Note A-3 Holder or any subsequent holder of Note A-3, as applicable.

 

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

 

“Note
A-3 Securitization Date” shall mean the effective date on which the Securitization of Note A-3 is consummated.

 

“Note
A-4” shall have the meaning assigned to such term in the recitals.

 

“Note
A-4 Holder” shall mean the Initial Note A-4 Holder or any subsequent holder of Note A-4, as applicable.

 

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

 

“Note
A-4 Securitization Date” shall mean the effective date on which the Securitization of Note A-4 is consummated.

 

“Note
A-5” shall have the meaning assigned to such term in the recitals.

 

“Note
A-5 Holder” shall mean the Initial Note A-5 Holder or any subsequent holder of Note A-5, as applicable.

 

“Note
A-5 Principal Balance” shall mean, with respect to the Mortgage Loan, at any time of determination, the Initial Note
A-5 Principal Balance set forth on the Mortgage Loan Schedule, less any payments of principal thereon received by the Note A-5
Holder or reductions in such amount pursuant to Section 3 or 4, as applicable.

 

    11 

     

    

 

“Note
A-5 Securitization Date” shall mean the effective date on which the Securitization of Note A-5 is consummated.

 

“Note
Holders” shall mean, collectively, the Note A-1 Holder, the Note A-2 Holder, the Note A-3 Holder, the Note A-4 Holder
and the Note A-5 Holder.

 

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

 

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

 

“Notes”
shall mean, collectively, Note A-1, Note A-2, Note A-3, Note A-4 and Note A-5.

 

“Operating
Advisor” shall mean the “trust advisor”, “operating advisor” or other analogous term under 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 Note or (b) a party to the Non-Lead Securitization Servicing Agreement
in respect of a delinquent monthly debt service payment on the Non-Lead Securitization Note.

 

“Percentage
Interest” shall mean, (a) with respect to the Note A-1 Holder, a fraction, expressed as a percentage, the numerator
of which is the Note A-1 Principal Balance and the denominator of which is the sum of the Note A-1 Principal Balance, the Note
A-2 Principal Balance, the Note A-3 Principal Balance, the Note A-4 Principal Balance and the Note A-5 Principal Balance, (b)
with respect to the Note A-2 Holder, a fraction, expressed as a percentage, the numerator of which is the Note A-2 Principal Balance
and the denominator of which is the sum of the Note A-1 Principal Balance, the Note A-2 Principal Balance, the Note A-3 Principal
Balance, the Note A-4 Principal Balance and the Note A-5 Principal Balance, (c) with respect to the Note A-3 Holder, a fraction,
expressed as a percentage, the numerator of which is the Note A-3 Principal Balance and the denominator of which is the sum of
the Note A-1 Principal Balance, the Note A-2 Principal Balance, the Note A-3 Principal Balance, the Note A-4 Principal Balance
and the Note A-5 Principal Balance, (d) with respect to the Note A-4 Holder, a fraction, expressed as a percentage, the numerator
of which is the Note A-4 Principal Balance and the denominator of which is the sum of the Note A-1 Principal Balance, the Note
A-2 Principal Balance, the Note A-3 Principal Balance, the Note A-4 Principal Balance and the Note A-5 Principal Balance, and
(e) with respect to the Note A-1 Holder, a fraction, expressed as a percentage, the numerator of which is the Note A-5 Principal
Balance and the denominator of which is the sum of the Note A-5 Principal Balance, the Note A-2 Principal Balance, the Note A-3
Principal Balance, the Note A-4 Principal Balance and the Note A-5 Principal Balance.

 

“Permitted
Fund Manager” shall mean any Person that on the date of determination is (i) one of the entities on Exhibit C attached
hereto and made a part hereof 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 committed capital of at least $250,000,000 and (iii) not
subject to a proceeding relating to the bankruptcy, insolvency, reorganization or relief of debtors.

 

    12 

     

    

 

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

 

“Pre-Securitization
Servicing Agreement” shall mean the related servicing or similar agreement between Note A-1 Holder and Wells Fargo
Commercial Mortgage Services, Inc.

 

“Pro
Rata and Pari Passu Basis” shall mean with respect to the Notes and the Note Holders, the allocation of any particular
payment, collection, cost, expense, liability or other amount between such Notes or such Note Holders, as the case may be, without
any priority of any such Note or any such Note Holder over another such Note or Note Holder, as the case may be, and in any event
such that each Note or Note Holder, as the case may be, is allocated its respective Percentage Interest of such particular payment,
collection, cost, expense, liability or other amount.

 

“Qualified
Institutional Lender” shall mean each of the Initial Note Holders and any other U.S. Person that is:

 

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

 

(b)       the
trustee on behalf of the trust certificates issued pursuant to a master trust agreement involving a CDO 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 CDO or other securitization vehicle
are rated 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)       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) the Lead Securitization of, (b) the creation of collateralized debt obligations
(“CDO”) 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

 

    13 

     

    

 

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) in the case of a Securitization Vehicle that is not a CDO, the special servicer of such Securitization Vehicle
(x) has a Required Special Servicer Rating, (y) is LNR Partners, LLC or (z) 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 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 CDO, the CDO Asset Manager
and, if applicable, each Intervening Trust Vehicle that is not administered and managed by a CDO 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 $250,000,000, 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 (without regard to the capital surplus/equity and total asset requirements set forth below in
the definition), 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), (iv)(B) or (v) of this definition, (x) such entity has at least $200,000,000 in
capital/statutory surplus or shareholders’ equity (except with respect to a pension advisory firm or similar fiduciary)
and at least $600,000,000 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)(i), (ii) and (iv)(B) 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

 

    14 

     

    

 

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 statistical rating agency reasonably designated by any Note Holder to rate the securities issued in connection with
the Securitization of the related Note; provided, however, that, at any time during which the Mortgage Loan is an
asset of one or more Securitizations, “Rating Agencies” or “Rating Agency” shall mean only
those rating agencies that are engaged from time to time to rate the securities issued in connection with the Securitizations
of the Notes.

 

“Rating
Agency Confirmation” shall mean prior to a Securitization with respect to any matter, confirmation in writing (which
may be in electronic form) by each applicable Rating Agency that a proposed action, failure to act or other event so specified
will not, in and of itself, result in the downgrade, withdrawal or qualification of the then-current rating assigned to any class
of certificates (if then rated by the Rating Agency); provided that a written waiver or other acknowledgment from the Rating Agency
indicating its decision not to review the matter for which the Rating Agency Confirmation is sought shall be deemed to satisfy
the requirement for the Rating Agency Confirmation from each Rating Agency with respect to such matter, and after a Securitization,
the meaning given thereto or any analogous term in the Lead Securitization Servicing Agreement or the related Non-Lead Securitization
Servicing Agreement, as applicable, including any deemed Rating Agency Confirmation.

 

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

 

“Regulation
AB” shall mean Subpart 229.1100 – Asset Backed Securities (Regulation AB), 17 C.F.R. §§229.1100-220.1125,
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(e).

 

“Required
Special Servicer Rating” (1) at any time that the Lead Securitization Note is included in the Lead Securitization, shall
have the meaning assigned to such term or any analogous term in the Lead Securitization Servicing Agreement, and (2) at any other
time, shall mean with respect to a special servicer (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, such special servicer is acting as special servicer for one or more loans included in
a commercial mortgage loan securitization that was rated by Moody’s within the twelve (12) month period prior to the date
of determination, and Moody’s has not downgraded or withdrawn the then-current rating on any class of commercial mortgage

 

    15 

     

    

 

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 the sole or material factor, (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 master servicer or special servicer, as applicable, 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, 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 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, such special servicer is acting as special servicer in a commercial
mortgage loan securitization that was rated by DBRS within the twelve (12) month period prior to the date of determination 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 securities as a material reason for such downgrade or withdrawal.

 

“S&P”
shall mean S&P Global Ratings, 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.

 

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

 

“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, with respect to a Securitization, the effective date on which such Securitization is consummated.

 

“Securitization
Trust” shall mean a trust formed pursuant to a Securitization pursuant to which Note A-1, Note A-2, Note A-3, Note A-4
or Note A-5 is 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.

 

“Servicer
Termination Event” shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement or at
any time that the Mortgage Loan is no longer

 

    16 

     

    

 

subject to the provisions of the Lead Securitization Servicing Agreement, any analogous
concept under the servicing agreement pursuant to which the Mortgage Loan is being serviced in accordance with the terms of this
Agreement.

 

“Servicing
Advance” shall mean “Servicing Advance” or other analogous term as defined in the Lead Securitization Servicing
Agreement.

 

“Special
Servicer” shall mean the special servicer appointed as provided in the Lead Securitization Servicing Agreement and this
Agreement.

 

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

 

“Trustee”
shall mean the 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 the Mortgage Loan.

 

(a)       Until
the Securitization Date, the Mortgage Loan shall be serviced pursuant to the Pre-Securitization Servicing Agreement.

 

(b)       Each
Note Holder acknowledges and agrees that, subject in each case to this Agreement, the Mortgage Loan shall be serviced from and
after the Securitization Date pursuant to the Lead Securitization Servicing Agreement; provided that the Master Servicer
shall not be obligated to advance monthly payments of principal or interest in respect of any Note other than the Lead Securitization
Note if such principal or interest is not paid by the Mortgage Loan Borrower but shall be obligated to advance delinquent real
estate taxes, insurance premiums and other expenses related to the maintenance of the Mortgaged Property and maintenance and enforcement
of the lien of the Mortgage thereon, subject to the terms of the Lead Securitization Servicing Agreement including any provisions
governing the determination of non-recoverability. Each Note Holder acknowledges that the other Note Holder may elect, in its
sole discretion, to include its Note in a Securitization and agrees that it will, subject to Section 26,

 

    17 

     

    

 

reasonably cooperate
with such other Note Holder, at such other Note Holder’s expense, to effect such Securitization. Subject to the terms and
conditions of this Agreement, each Note Holder hereby irrevocably and unconditionally consents to the appointment of the Master
Servicer, Operating Advisor, Certificate Administrator, the Asset Representations Reviewer and the Trustee under the Lead Securitization
Servicing Agreement by the Depositor and the appointment of the initial Special Servicer by the Controlling Note Holder as 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 the 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 the other
Note Holder or limit the Servicer in enforcing the rights of one Note Holder against the other Note Holder; however, this statement
shall not be construed to otherwise limit the rights of one Note Holder with respect to the other Note Holder. Each Servicer shall
be required pursuant to the Lead Securitization Servicing Agreement to service the Mortgage Loan in accordance with the Servicing
Standard, the terms of the Mortgage Loan Documents, the Lead Securitization Servicing Agreement and applicable law, each Servicer
shall provide information to each Non-Lead Servicer under each Non-Lead Securitization Servicing Agreement to enable each such
Non-Lead Servicer to perform its servicing duties under the applicable Non-Lead Securitization Servicing Agreement and each Servicer
shall not take any action or refrain from taking any action or follow any direction inconsistent with the foregoing.

 

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
Holders, pursuant to a servicing agreement that has servicing terms substantially similar to the Lead Securitization Servicing
Agreement and all references herein to the “Lead Securitization Servicing Agreement” shall mean such subsequent servicing
agreement; provided, however, that if any Non-Lead Securitization Note is in a Securitization, then a Rating Agency
Confirmation shall have been obtained from each Rating Agency; provided, further, however, that 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 and meeting the
Required Special Servicer Rating (to the extent such servicer is performing special servicing functions).

 

(c)       The
Master Servicer shall be the master servicer on the Mortgage Loan, and from time to time it (or the Trustee, to the extent provided
in the Lead Securitization Servicing Agreement) (i) shall be required to (and the Special Servicer may, under certain circumstances
as provided in the Servicing Agreement) make Servicing Advances with respect to the Mortgage Loan, subject to the terms of the
Lead Securitization Servicing Agreement and this Agreement,

 

    18 

     

    

 

and (ii) may be required to make P&I Advances on the Lead Securitization
Note, 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, will be entitled to reimbursement for a Servicing Advance, first from
funds on deposit in the Certificate Account or Loan Combination Custodial Account for the Mortgage Loan that (in any case) represent
amounts received on or in respect of the Mortgage Loan, and then, in the case of Nonrecoverable Servicing Advances, if
such funds on deposit in the Certificate Account or Loan Combination Custodial Account are insufficient, from general collections
of the Lead Securitization as provided in the Lead Securitization Servicing Agreement and from general collections of the Non-Lead
Securitization as provided below. The Master Servicer, the Special Servicer and the Trustee, as applicable, will be entitled to
reimbursement for Advance Interest Amounts on a Servicing Advance or a Nonrecoverable Servicing Advance, in the manner and from
the sources provided in the Lead Securitization Servicing Agreement, including from general collections of the Lead Securitization
and, in the case of Servicing Advances or Advance Interest Amount on a Servicing Advance, from general collections of the Non-Lead
Securitization as provided below. To the extent the Master Servicer, the Special Servicer or the Trustee, as applicable, obtains
funds from general collections of the Lead Securitization as a reimbursement for a Nonrecoverable Servicing Advance or any Advance
Interest Amounts on a Servicing Advance or a Nonrecoverable Servicing Advance, each Non-Lead Securitization Note Holder (including
from general collections or any other amounts from any Non-Lead Securitization Trust) shall be required to, promptly following
notice from the Master Servicer, reimburse the Lead Securitization for its pro rata share of such Nonrecoverable Servicing
Advance or Advance Interest Amounts.

 

In
addition, the Non-Lead Securitization Note Holders (including, but not limited to, any Non-Lead Securitization Trust) shall be
required to, promptly following notice from the Master Servicer or the Special Servicer, pay or reimburse the Lead Securitization
Trust for each such Non-Lead Securitization 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 Master Servicer, the Special Servicer,
the Certificate Administrator, the Trustee, the Operating Advisor or the Depositor, as applicable, is entitled to be reimbursed
pursuant to the Lead Securitization Servicing Agreement and any costs, fees and expenses related to obtaining any Rating Agency
Confirmation, to the extent amounts on deposit in the Certificate Account or Loan Combination Custodial Account that are allocated
to the Non-Lead Securitization Notes are insufficient for reimbursement of such amounts and to the extent that funds from general
collections in the Lead Securitization are applied towards the Lead Securitization Note Holder’s pro rata share of
the insufficiency. Each Non-Lead Securitization 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 other mortgage loans in the Lead Securitization Trust
pursuant to the terms of Lead Securitization Servicing Agreement) each of the Master Servicer, the Special Servicer, the Certificate
Administrator, the Trustee, the Operating Advisor, the Asset Representations Reviewer 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 other mortgage loans) 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 Property (or, with respect to the Operating Advisor,

 

    19 

     

    

 

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,
and to the extent amounts on deposit in the Certificate Account or Loan Combination Custodial Account that are allocated to the
Non-Lead Securitization Notes are insufficient for reimbursement of such amounts, each Non-Lead Securitization Note Holder shall
be required to, promptly following notice from the Master Servicer, the Special Servicer or the Trustee, reimburse each of the
applicable Indemnified Parties for its pro rata share of the insufficiency, (including, if the related Non-Lead Securitization
Note has been included in a Non-Lead Securitization, from general collections or any other amounts from the related Non-Lead Securitization
Trust).

 

The
master servicer under a Non-Lead Securitization (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 servicing agreement for the
related Securitization (each, a “Non-Lead Securitization Servicing Agreement”), the Lead Securitization Servicing
Agreement and this Agreement. 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. Each Non-Lead Master Servicer,
special servicer (“each, a “Non-Lead Special Servicer”) and trustee (each, a “Non-Lead Trustee”)
under the Non-Lead Securitization Servicing Agreements, as applicable, shall be entitled to make their own recoverability determination
with respect to a P&I Advance to be made on the applicable Non-Lead Securitization Note based on the information that they
have on hand and in accordance with the related Non-Lead Securitization Servicing Agreement. The Master Servicer and the Trustee,
as applicable, and the applicable Non-Lead Master Servicer or the applicable 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 Trustee, as applicable (with respect to the Lead Securitization Note) or any Non-Lead Master Servicer, Non-Lead
Special Servicer or Non-Lead Trustee, as applicable (with respect to the 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 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 a Non-Lead Master Servicer or Non-Lead Trustee (as provided in the Non-Lead
Securitization Servicing Agreements, in the case of the a determination of non-recoverability by such Non-Lead Master Servicer,
Non-Lead Special Servicer or Non-Lead Trustee) shall notify the Master Servicer and the Trustee, or such Non-Lead Master Servicer
and Non-Lead Trustee, as the case may be, of the other Securitization within two business days of making such determination. Each
of the Master Servicer, the Trustee, the Non-Lead Master Servicers and Non-Lead Trustees, as applicable, will only be entitled
to reimbursement for a P&I Advance and advance interest thereon that becomes non-recoverable first from the Certificate
Account or Loan Combination Custodial Account from amounts allocable to the Note for which such P&I Advance was made, and
then, if funds are insufficient, (i) in the case of the Lead Securitization Note, from general collections of the Lead
Securitization Trust, pursuant to the terms of the Lead Securitization Servicing Agreement and (ii) in the case of the Non-Lead

 

    20 

     

    

 

Securitization Notes, from general collections of the related Securitization Trust, as and to the extent provided in the applicable
Non-Lead Securitization Servicing Agreement.

 

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

 

(i)       each
Non-Lead Securitization Note Holder shall be responsible for its pro rata share of any Servicing Advances (and advance
interest thereon) and any additional trust fund expenses, but only to the extent that they relate to servicing and administration
of the Notes and the Mortgaged Property, including without limitation, any unpaid Special Servicing Fees, Liquidation Fees and
Workout Fees relating to the Notes, and that in the event that the funds received with respect to each respective Note are insufficient
to cover such Servicing Advances or additional trust fund expenses, (A) the related Non-Lead Master Servicer will be required
to, promptly following notice from the Master Servicer or the Special Servicer, pay or reimburse the Master Servicer, the Special
Servicer, the Certificate Administrator, the Trustee, or the Lead Securitization Trust, as applicable, out of general funds in
the collection account (or equivalent account) established under the applicable Non-Lead Securitization Servicing Agreement for
such Non-Lead Securitization Note Holder’s pro rata share of any such Nonrecoverable Servicing Advances (together
with advance interest thereon) and/or additional trust fund expenses (including compensation due to the Master Servicer and the
Special Servicer to the extent related to the servicing and administration of the Mortgage Loan and the Mortgaged Property), and
(B) if the Lead Securitization Servicing Agreement permits the Master Servicer, the Special Servicer, the Certificate Administrator
or the Trustee to reimburse itself from the Lead Securitization Trust’s general account, then the Master Servicer, the Special
Servicer, the Certificate Administrator or the Trustee, as applicable, may do so, and the related Non-Lead Master Servicer will
be required to, promptly following notice from the Master Servicer, the Special Servicer or the Trustee, reimburse the Lead Securitization
Trust out of general funds in the collection account (or equivalent account) established under the applicable Non-Lead Securitization
Servicing Agreement for the related Non-Lead Securitization Note Holder’s pro rata share of any such Nonrecoverable
Servicing Advances (together with advance interest thereon) and/or additional trust fund expenses (including compensation due
to the Master Servicer and the Special Servicer to the extent related to the servicing and administration of the Mortgage Loan
and the Mortgaged Property);

 

(ii)       each
of the Indemnified Parties shall be indemnified (as and to the same extent the Lead Securitization Trust is required to indemnify
each of such Indemnified Parties in respect of other mortgage loans in the Lead Securitization Trust pursuant to the terms of
Lead Securitization Servicing Agreement and, in the case of the Lead Securitization Trust, to the extent of any additional trust
fund expenses with respect to the Mortgage Loan) by each Non-Lead Securitization Trust, against any of the Indemnified Items to
the extent of its pro rata share of such Indemnified Items, and to the extent amounts on deposit in the Certificate Account
or Loan Combination Custodial Account that are allocated to the applicable Non-Lead Securitization Note are insufficient for

 

    21 

     

    

 

reimbursement
of such amounts, the applicable Non-Lead Master Servicer will be required to reimburse each of the applicable Indemnified Parties
for the related Non-Lead Securitization Note’s pro rata share of the insufficiency out of general funds in the collection
account (or equivalent account) established under the applicable Non-Lead Securitization Servicing Agreement;

 

(iii)       the
Non-Lead Master Servicer, Non-Lead Trustee or certificate administrator under each Non-Lead Securitization Servicing Agreement
will be required to deliver to the Trustee, the Certificate Administrator, the Special Servicer, the Master Servicer, the Operating
Advisor and the Asset Representations Reviewer (i) promptly following Securitization of a Non-Lead Securitization Note, notice
of the deposit of such Non-Lead Securitization Note into a Securitization Trust (which notice shall also provide contact information
for the certificate administrator, the Non-Lead Master Servicers, the Non-Lead Special Servicers, the Non-Lead Trustee and the
party designated to exercise the rights of the “Non-Controlling Note Holder” under this Agreement, including the Controlling
Class Representative under the applicable Non-Lead Securitization Servicing Agreement), accompanied by a certified copy of the
applicable executed Non-Lead Securitization Servicing Agreement and (ii) notice of any subsequent change in the identity of the
related Non-Lead Master Servicer or the party designated to exercise the rights of the “Non-Controlling Note Holder”
under this Agreement (together with the relevant contact information);

 

(iv)       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 the
applicable Non-Lead Securitization Servicing Agreement;

 

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

 

(vi)       in
the event of a proposed replacement of the Special Servicer, each Non-Lead Trustee shall use commercially reasonable efforts to
prepare and file on behalf of the related Non-Lead Securitization Trust a Form 8-K relating to such replacement that complies
with the Exchange Act on the same day that a Form 8-K relating to such replacement is filed on behalf of the Lead Securitization;
provided that the related Non-Lead Depositor and a responsible officer of such Non-Lead Trustee has received notice of such proposed
replacement (including any disclosure or other information required to be included in such Form 8-K as well as the requirement
and timing for filing such Form 8-K) at least 5 Business Days prior to such filing date. The Note A-1 Holder (including, as the
context requires, the Depositor, Master Servicer, Special Servicer, Trustee or controlling class representative (or analogous
term) relating to the related Lead Securitization Trust, on behalf of such Note A-1 Holder) shall be a third party beneficiary
of the foregoing provision.

 

(e)       The
Lead Securitization Note Holder agrees that it shall cause the Lead Securitization Servicing Agreement to contain provisions to
the effect that (and to the extent such

 

    22 

     

    

 

provisions are not included in the Lead Securitization Servicing Agreement, they shall
be deemed incorporated therein and made a part thereof):

 

(i)       
compensating interest payments as defined therein with respect to Note A-1, Note A-2, Note A-3, Note A-4 and Note A-5 will be
allocated by the Master Servicer between Note A-1, Note A-2, Note A-3, Note A-4 and Note A-5, pro rata, in accordance with
their respective principal amounts. The Master Servicer shall remit any compensating interest payment in respect of the Non-Lead
Securitization Notes to the related Non-Lead Securitization Note Holder;

 

(ii)       
the Master Servicer shall remit all payments received with respect to the Non-Lead Securitization Notes, net of the servicing
fees payable to the Master Servicer and Special Servicer with respect to the applicable Non-Lead Securitization Note, and any
other applicable fees and reimbursements payable to the Master Servicer, the Special Servicer and the Trustee, to the applicable
Non-Lead Securitization Note Holder on or prior to the earlier of (A) the Master Servicer Remittance Date or (B) the business
day following the “determination date” (or analogous term) under the applicable Non-Lead Securitization Servicing
Agreement related to the Securitization of the applicable Non-Lead Securitization Note, provided, that, in each case as
long as the date on which remittance is required under this clause (ii) is at least one business day after the scheduled monthly
payment date under the Mortgage Loan Agreement, provided, that after the Securitization of Note A-1, any late collections
received by the Master Servicer after the related due date under the Mortgage Loan shall be remitted by the Master Servicer in
accordance with the Lead Securitization Servicing Agreement;

 

(iii)       with
respect to each Non-Lead Securitization Note if it is held by a Securitization, the Master Servicer agrees to deliver or cause
to be delivered to each Non-Lead Master Servicer all reports required to be delivered by the Master Servicer to the Trustee or
Certificate Administrator under the Lead Securitization Servicing Agreement (which shall include all loan-level reports constituting
the CREFC® Investor Reporting Package (IRP)) pursuant to the terms of the Lead Securitization Servicing Agreement
to the extent related to the Mortgage Loan, the Mortgaged Property, the Non-Lead Securitization Notes, the Master Servicer, the
Special Servicer, the Certificate Administrator or the Trustee on or prior to the earlier of (A) the Master Servicer Remittance
Date or (B) the business day following the “determination date” (or analogous term) under the applicable Non-Lead
Securitization Servicing Agreement related to the applicable Securitization of the Non-Lead Securitization Note, in each case
so long as the date on which delivery is required under this clause (iii) is at least one business day after the scheduled monthly
payment date under the Mortgage Loan Agreement;

 

(iv)       in
connection with (x) any amendment of the Lead Securitization Servicing Agreement, a party to such Lead Securitization Servicing
Agreement shall provide a copy of the executed amendment to the Non-Lead Depositors and the certificate administrators under each
Non-Lead Securitization Servicing Agreement (which may be by email) in order for the Non-Lead Securitization Note Holders and
the Non-Lead Depositors to timely comply with their obligations under the Exchange Act, and (y) the termination, resignation and/or
replacement of the Master Servicer or the Special Servicer, the related replacement

 

    23 

     

    

 

Master Servicer or Special Servicer, as applicable,
shall provide all disclosure about itself that is required to be included in Form 8-K no later than the date of effectiveness
thereof;

 

(v)       the
Non-Lead Securitization Note Holders shall be third-party beneficiaries to the Lead Securitization Servicing Agreement in respect
of the rights afforded it thereunder to the extent such rights affect the Non-Lead Securitization Notes or the Non-Lead Securitization
Note Holders;

 

(vi)       the
Lead Securitization Servicing Agreement shall not be amended in any manner that materially and adversely (or words of similar
import) affects any Non-Lead Securitization Note Holder without the consent of such party;

 

(vii)       Servicer
Termination Events (or such analogous term defined in the Lead Securitization Servicing Agreement) include customary market termination
events with respect to failure to make advances, failure to remit payments to the Non-Lead Securitization Note Holders as required,
failure to deliver (or cause to be delivered) materials or notices required in order for the Non-Lead Securitization Note Holders
and the Non-Lead Depositors to timely comply with their obligations under the Exchange Act, and Rating Agency triggers with respect
to the securities issued pursuant to the Non-Lead Securitizations, subject to customary grace periods (provided, in the case of
failures related to the Exchange Act, such grace periods do not materially and adversely affect the Non-Lead Depositors);

 

(viii)       if
the Mortgage Loan becomes the subject of an “asset review” (or such analogous term defined in either Non-Lead Securitization
Servicing Agreement) pursuant to either Non-Lead Securitization Servicing Agreement, the applicable parties to the Lead Securitization
Servicing Agreement shall reasonably cooperate with the applicable Non-Lead Asset Representations Reviewer in connection with
such asset review (or a substantially similar provision), including with respect to providing access to related underlying documents,
to the extent that such Non-Lead Asset Representations Reviewer has not obtained such documents from the Note Holder that sold
the related Non-Lead Securitization Note into the applicable Non-Lead Securitization and such documents are in the possession
of the applicable party to the Lead Securitization Servicing Agreement;

 

(ix)       each
party to the Lead Securitization Servicing Agreement shall deliver (and shall cause any sub-servicer or any servicing function
participant engaged by such party to deliver (or, in the case of a sub-servicer that the related mortgage loan seller requires
the Master Servicer to engage, a party to the Lead Securitization Servicing Agreement shall use commercially reasonable efforts
to cause each party engaged by a party to the Lead Securitization Servicing Agreement to deliver)) (x) all materials and notices
required in order for the Non-Lead Securitization Note Holders and the Non-Lead Depositors to comply with (1) their obligations
under the Exchange Act (including any required 10-D, 8-K and 10-K reporting) and (2) any applicable comment letter from the Securities
and Exchange Commission or their obligations in connection with a “deficient Exchange Act deliverable” (or such analogous
term defined in the Non-Lead Securitization Servicing Agreements) and (y) with respect to the “Sarbanes-Oxley certification”
(or such analogous term defined in the Non-Lead Securitization Servicing Agreements) concerning either

 

    24 

     

    

 

Non-Lead Securitization
Trust to be submitted to the Securities and Exchange Commission pursuant to the Sarbanes-Oxley Act of 2002, the applicable certification
to each Person who signs such “Sarbanes-Oxley certification” concerning the applicable Non-Lead Securitization Trust;
and

 

(x)       each
Non-Lead Securitization Trust (or the applicable parties to ach Non-Lead Securitization Agreement) shall be entitled to indemnification
pursuant to industry standard indemnification provisions customary for securitizations similar to the related Non-Lead Securitizations
for the failure of the applicable parties to the Lead Securitization Agreement to timely deliver (or cause to be timely delivered)
the materials or information required pursuant to clause (ix) above.

 

(f)       Each
Non-Lead Securitization Note Holder shall give each of the parties to the Lead Securitization Servicing Agreement and the other
Non-Lead Securitization (that will not also be a party to the related Non-Lead Securitization Servicing Agreement) notice of such
Non-Lead Securitization in writing (which may be by e-mail) not less than five (5) Business Days prior to the related Securitization
Date. Such notice shall contain contact information for each of the parties to the related Non-Lead Securitization Servicing Agreement.
In addition, after such Securitization Date, the applicable Non-Lead Securitization Note Holder shall send a copy of the related
Non-Lead Securitization Servicing Agreement to each of the parties to the Lead Securitization Servicing Agreement.

 

(g)       Notwithstanding
anything to the contrary contained in this Agreement, any obligation of the Servicer pursuant to the terms hereof shall be performed
by the Master Servicer or the Special Servicer, as applicable, as set forth in the Lead Securitization Servicing Agreement.

 

Section
3. Priority of Payments. Each Note shall be of equal priority, and no portion of either Note shall have priority or preference
over any portion of the other Note or security therefor. All amounts tendered by the Mortgage Loan Borrower or otherwise available
for payment on or with respect to or in connection with the Mortgage Loan or the Mortgaged Property or amounts realized as proceeds
thereof, whether received in the form of Monthly Payments, the Balloon Payment, Liquidation Proceeds, proceeds under any guaranty,
letter of credit or other collateral or instrument securing the Mortgage Loan, Condemnation Proceeds, or Insurance Proceeds (other
than proceeds, awards or settlements to be applied to the restoration or repair of the Mortgaged Property or released to the Mortgage
Loan Borrower in accordance with the terms of the Mortgage Loan Documents), but excluding (x) all amounts for required reserves
or escrows required by the Mortgage Loan Documents (to the extent, in accordance with the terms of the Mortgage Loan Documents)
to be held as reserves or escrows or received as reimbursements on account of recoveries in respect of property protection expenses
or Servicing Advances then due and payable or reimbursable to the Trustee or any Servicer under the Lead Securitization Servicing
Agreement and (y) all amounts that are then due, payable or reimbursable (except for (i) any reimbursements of P&I Advances
(and interest thereon) made with respect to any Note, which may only be reimbursed out of payments and collections allocable to
such Note, (ii) any Servicing Fees due to the Master Servicer in excess of a Non-Lead Securitization Note’s pro rata
share of that portion of such Servicing Fees calculated at the Servicing Fee Rate applicable to the Mortgage Loan as set forth
in the Lead Securitization Servicing Agreement) to any Servicer (or the Trustee as successor to the Servicer), with respect to
the Mortgage Loan pursuant to the Lead Securitization

 

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Servicing Agreement (including without limitation, any additional trust fund expenses
relating to the Mortgage Loan and any Special Servicing Fees, Liquidation Fees, Workout Fees, Penalty Charges (to the extent provided
in the immediately following paragraph), amounts paid by the Borrower in respect of modification fees or assumption fees and any
other additional compensation payable pursuant to the Lead Securitization Servicing Agreement), shall be applied by the Lead Securitization
Note Holder (or its designee) to the Notes on a Pro Rata and Pari Passu Basis.

 

For
clarification purposes, Penalty Charges (as defined in the Lead Securitization Servicing Agreement) paid on each Note shall first,
be used to reduce, on a pro rata basis, the amounts payable on each Note by the amount necessary to pay the Master Servicer,
the Trustee or the Special Servicer for any interest accrued on any Servicing Advances in accordance with the terms of the Lead
Securitization Servicing Agreement, second, be used to reduce the respective amounts payable on each Note by the amount
necessary to pay the Master Servicer, Trustee, Non-Lead Master Servicers or Non-Lead Trustees for any interest accrued on any
P&I Advance made with respect to such Note by such party (if and as specified in the Lead Securitization Servicing Agreement
or either Non-Lead Securitization Servicing Agreement, as applicable), third, be used to reduce, on a pro rata basis,
the amounts payable on each Note by the amount necessary to pay additional trust fund expenses (other than Special Servicing Fees,
unpaid Workout Fees and Liquidation Fees) incurred with respect to the Mortgage Loan (as specified in the Lead Securitization
Servicing Agreement) and finally, in the case of the remaining amount of Penalty Charges allocable to the Lead Securitization
Note or any of the Non-Lead Securitization Notes, be paid to the Master Servicer and/or the Special Servicer as additional servicing
compensation as provided in the Lead Securitization Servicing Agreement.

 

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 Interest 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 equal priorities of each Note
as described in Section 3.

 

Section
5.        Administration of the Mortgage Loan.

 

(a)       Subject
to this Agreement (including but not limited to Section 5(c)) 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 the Non-Lead

 

    26 

     

    

 

Securitization Note Holders shall have no 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 the Non-Lead Securitization Note
Holders 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 Mortgage Loan, the Non-Lead Securitization Note Holders hereby acknowledge 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 Notes as notes evidencing one whole loan in accordance with the terms of the Lead Securitization Servicing Agreement.
Notwithstanding the foregoing, the Lead Securitization Note Holder (or the Special Servicer acting on behalf of the Lead Securitization
Note Holder) shall not be permitted to sell the Mortgage Loan if it becomes a Defaulted Mortgage Loan without the written consent
of the Non-Lead Note Holders (provided that such consent is not required from a Non-Controlling Note Holder if such Non-Controlling
Note Holder is the Mortgage Loan Borrower or an affiliate of the Mortgage Loan Borrower) unless the Special Servicer has delivered
to the Non-Controlling Note Holders: (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 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 a Non-Controlling 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 the other offerors and the Lead Securitization
Subordinate Class Representative) prior to the proposed sale date, all information and other documents being provided to other
offerors and all leases or other documents that are approved by the Servicer in connection with the proposed sale; provided, that
a Non-Controlling Note Holder may waive any of the delivery or timing requirements set forth in this sentence with respect to
such Non-Controlling Note Holder. Subject to the terms of the Lead Securitization Servicing Agreement, the Controlling Note Holder,
the Controlling Note Holder Representative, the Non-Controlling Note Holders and the Non-Controlling Note Holder Representative
shall each be permitted to bid at any sale of the Mortgage Loan unless such Person is the Mortgage Loan Borrower or an agent or
Affiliate of the Mortgage Loan Borrower.

 

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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. The Non-Lead Securitization Note Holders further agree
that, upon the request of the Lead Securitization Note Holder, the Non-Lead Securitization Note Holders shall execute and deliver
to or at the direction of the 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 applicable 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 Notes 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 Note is repurchased by the Note Holder that sold the Lead Securitization Note into the Lead Securitization
from the trust fund established under the Lead Securitization Servicing Agreement in connection with a material breach of representation
or warranty made by such Note Holder with respect to the Lead Securitization Note or material document defect with respect to
the documents delivered by such Note Holder with respect to the Lead Securitization Note upon the consummation of the Lead Securitization.
The preceding sentence shall not be construed to grant to the Non-Lead Securitization Note Holders the benefit of any representation
or warranty made by the Note Holder that sold the Lead Securitization Note into the Lead Securitization or any document delivery
obligation imposed on such Note Holder under any mortgage loan purchase and sale agreement, instrument of transfer or other document
or instrument that may be executed or delivered by such Note Holder in connection with the Lead Securitization.

 

(b)       The
administration of the Mortgage Loan shall be governed by this Agreement and the Lead Securitization Servicing Agreement. To the
extent that any provision in this Agreement conflicts with any provision in the Lead Securitization Servicing Agreement, the
provisions in this Agreement shall control. The servicing of the Mortgage Loan shall be carried out by the Master Servicer
and, if the Mortgage Loan is a Specially Serviced Mortgage Loan (or to the extent otherwise provided in the Lead Securitization
Servicing Agreement), by the Special Servicer, in each case pursuant to the Lead Securitization Servicing Agreement. Notwithstanding
anything to the contrary contained herein, in accordance with the Lead Securitization Servicing Agreement, the Lead Securitization
Note Holder shall cause the Master Servicer and the Special Servicer to service and administer the Mortgage Loan in accordance
with the Servicing Standard, taking into account the interests of each Note Holder as a collective whole. The Note Holders agree
to be bound by the terms of the Lead Securitization Servicing Agreement. All rights and obligations of the Lead Securitization
Note Holder described hereunder may be exercised by the Master Servicer, the Special Servicer, the Certificate Administrator and/or
the Trustee on behalf of the Lead Securitization Note Holder. The Lead Securitization Servicing Agreement shall not be amended
in any manner that may adversely affect any Non-Lead Securitization Note Holder in its capacity as Non-Lead Securitization Note
Holder. Each Non-Lead Securitization Note Holder (unless it is the same Person as or an Affiliate

 

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of the Mortgage Loan Borrower)
shall be a third-party beneficiary to the Lead Securitization Servicing Agreement with respect to their rights as specifically
provided for therein.

 

(c)       The
Controlling Note Holder (or its Controlling Note Holder Representative) shall have, with respect to the Mortgage Loan, all of
the same rights and powers of the Controlling Class Representative under the Lead Securitization Servicing Agreement with respect
to the other mortgage loans included in the Lead Securitization, without limitation, the right to consent and/or consult regarding
Major Decisions and other servicing matters, the right to advise (1) the Special Servicer with respect to all Specially Serviced
Loans and (2) the Special Servicer with respect to non-Specially Serviced Loans as to all matters for which the Master Servicer
must obtain the consent or deemed consent of the Special Servicer, and the right to direct the Special Servicer to take, or to
refrain from taking, such other actions with respect to the Mortgage Loan as the Controlling Class Representative may deem advisable
or as to which provision is otherwise made therein, in each case subject to the terms and conditions of the Lead Securitization
Servicing Agreement.

 

(d)       Notwithstanding
the foregoing, the Lead Securitization Note Holder (or the Master Servicer or the Special Servicer acting on its behalf) shall
be required (i) to provide copies of any notice, information and report that it is required to provide to the Lead Securitization
Subordinate Class Representative pursuant to the Lead Securitization Servicing Agreement with respect to any Major Decisions or
the implementation of any recommended actions outlined in an Asset Status Report relating to the Mortgage Loan, to the Non-Controlling
Note Holders (or the master servicers of the Non-Controlling Note Securitizations on their behalf), within the same time frame
it is required to provide to the Lead Securitization Subordinate Class Representative (for this purpose, without regard to whether
such items are actually required to be provided to the Lead Securitization Subordinate Class Representative under the Lead Securitization
Servicing Agreement due to the occurrence of a Control Termination Event or a Consultation Termination Event) and (ii) to consult
with the Non-Controlling Note Holders (or their Non-Controlling Note Holder Representative) on a strictly non-binding basis, to
the extent having received such notices, information and reports, a Non-Controlling Note Holder (or the Non-Controlling Note Holder
Representative) requests consultation with respect to any such Major Decisions 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-Controlling
Note Holder (or its Non-Controlling Note Holder Representative); provided that after the expiration of a period of ten
(10) Business Days from the delivery to the Non-Controlling Note Holders (or the master servicer of the Non-Controlling Note Securitization
on their behalf) 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 Lead Securitization Subordinate Class Representative, the Lead Securitization
Note Holder (or the Master Servicer or the Special Servicer acting on its behalf) shall no longer be obligated to consult with
the Non-Controlling Note Holders (or its Non-Controlling Note Holder Representative), whether or not a Non-Controlling Note Holder
(or its Non-Controlling Note Holder Representative) has responded within such ten (10) 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 (10) Business Day period shall be deemed to begin anew from
the date of such proposal and delivery of all information relating thereto).

 

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Notwithstanding the consultation rights of the Non-Controlling
Note Holders (or its Non-Controlling Note Holder Representative) set forth in the immediately preceding sentence, the Lead Securitization
Note Holder (or Servicer 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 (10) Business Day period if the Lead Securitization Note
Holder (or Master Servicer or Special Servicer, as applicable) 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 the Non-Controlling Note
Holders (or the Non-Controlling Note Holder Representative).

 

In
addition to the consultation rights of the Non-Controlling Note Holders (or the Non-Controlling Note Holder Representative) provided
in the immediately preceding paragraph, the Non-Controlling Note Holders 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 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 the Non-Controlling Note Holders, 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.

 

(e)       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 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
the pro rata share 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 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, in the event that one of the Notes is
included in a REMIC and the other is not, such other Note Holder 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

 

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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 Holder be reduced to offset or make-up any such payment or deficit.

 

Section
6.           Appointment of Controlling Note Holder Representative and Non-Controlling 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 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 Section 5 and elsewhere in 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, its principal or any Affiliate of the Mortgage Loan Borrower), 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, Operating Advisor, Trustee and 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, Operating Advisor, Trustee, Asset Representations Reviewer and Certificate Administrator with written confirmation of
its acceptance of such appointment, 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, Operating
Advisor, Asset Representations Reviewer, Trustee and Certificate Administrator. So long as no Consultation Termination Event is
in effect pursuant to the terms of the Lead Securitization Servicing Agreement, the Controlling Note Holder Representative shall
be the Lead Securitization Subordinate Class Representative.

 

(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

 

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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 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
Non-Controlling Note Holders shall have the right at any time to appoint a representative agreed upon by each Non-Controlling
Note Holder in connection with the exercise of their rights and obligations with respect to the Mortgage Loan (a “Non-Controlling
Note Holder Representative”). All of the provisions relating to Controlling Note Holder and the Controlling Note Holder
Representative set forth in Section 6(a) (except those contained in the last sentence thereof) and Section 6(b) shall apply to
the Non-Controlling Note Holder and the Non-Controlling Note Holder Representative mutatis mutandis. The Non-Controlling
Note Holder Representative, as of the date of this Agreement and until the Lead Securitization Note Holder (and the Master Servicer
and the Special Servicer) is notified otherwise, shall be the Initial Note A-2 Holder.

 

(d)       The
Controlling Note Holder shall be entitled to exercise the rights and powers granted to the Lead Securitization Note 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, subject to the terms of
the Lead Securitization Servicing Agreement, the Controlling Note Holder shall be entitled to advise (1) the Special Servicer
with respect to all matters related to a “Specially Serviced Mortgage Loan” (as defined in the Lead Securitization
Servicing Agreement) 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 implement any Major Decision 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 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 (or 30 days with respect to an Acceptable Insurance Default if so provided for in the Lead Securitization
Servicing Agreement) after receipt of the written recommendation and 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

 

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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 (10) Business Days (or 30 days with respect to an Acceptable Insurance Default if so provided in the Lead Securitization
Servicing Agreement) 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 (10) Business Day (or 30 days
with respect to an Acceptable Insurance Default if so provided in the Lead Securitization Servicing Agreement) period, 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 Master 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 is necessary to protect the interests of the Note Holders
(as a collective whole) 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 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
Holder, 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.

 

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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 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 Required Special Servicer Rating and the other conditions to such
replacement as set forth in the Lead Securitization Servicing Agreement (including, without limitation, a Rating Agency
Confirmation, if required by the terms of the Lead Securitization Servicing Agreement), if any. 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. 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 Servicer Termination Event on the part of the Special Servicer has occurred that affects a Non-Controlling
Note Holder, such Non-Controlling 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) solely with respect to the Mortgage Loan 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-Controlling 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 a
Non-Controlling 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 each Non-Controlling Note Holder. The Non-Controlling Note Holders 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 Certificate Account or Loan Combination Custodial
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, will deposit or cause to be deposited all payments allocable to the Notes to the Certificate
Account or Loan Combination Custodial Account pursuant to and in accordance with the Lead Securitization

 

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Servicing Agreement.
The Lead Securitization Note Holder (or the Master Servicer acting on its behalf) shall deposit such amounts to the applicable
account within one (1) Business Day 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; provided, however, that to
the extent any such amounts are received after 2:00 p.m. Eastern Time on any given Business Day, the Master Servicer shall use
commercially reasonable efforts to deposit such amounts into the applicable account within one (1) Business Day of receipt of
such properly identified and available funds but, in any event, the Master Servicer shall deposit such amounts in the applicable
account within two (2) Business Days of receipt of such properly identified and available funds.

 

(b)       If
the Lead Securitization Note Holder (or the Servicer on its behalf) 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 the Non-Lead Securitization
Note Holders and the Non-Lead Securitization Note Holders will 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 the Non-Lead Securitization Note Holders, 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.

 

(c)       If,
for any reason, the Lead Securitization Note Holder (or the Servicer on its behalf) makes any payment to a Non-Lead Securitization
Note Holder before the Lead Securitization Note Holder (or the Servicer on its behalf) has received the corresponding payment
(it being understood that the Lead Securitization Note Holder (or the Servicer on its behalf) is under no obligation to do so),
and the Lead Securitization Note Holder (or the Servicer on its behalf) does not receive the corresponding payment within five
(5) Business Days of its payment to the related 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 shall receive from any sources whatsoever 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, 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 the Non-Lead Securitization Note Holders 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 the Note Holders. Subject to the terms of the Lead Securitization Servicing
Agreement governing servicer liability, each Note Holder shall

 

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have no liability to the other Note Holder with respect to its
Note except with respect to losses actually suffered due to the gross 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 the Non-Lead Securitization Note Holders 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; provided,
however, that the Servicer must act in accordance with the Servicing Standard.

 

Section
10.         Bankruptcy. Subject to Section 5(c), each Note Holder hereby covenants and 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 the Non-Lead Securitization Note Holder,
can make any election, give any consent, commence any action or file any motion, 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 Holder 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, the 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 the 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

 

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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 a 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. Neither Note Holder shall have any obligation whatsoever to offer to
the other Note Holder the opportunity to purchase a participation interest in any future loans originated by such Note Holder
or its Affiliates and if either Note Holder chooses to offer to the 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 and interest rate as such Note Holder chooses, in its sole and absolute discretion. Neither Note Holder
shall have any obligation whatsoever to purchase from the other Note Holder a participation interest in any future loans
originated by such Note Holder or its Affiliates.

 

Section
13.          Other Business Activities of the Note Holders. Each
Note Holder acknowledges that the other Note Holder or its 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 (each, a “Mortgage Loan Borrower Related
Party”), and receive payments on such other loans or extensions of credit to Mortgage Loan Borrower Related Parties
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 the 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) hereof) of a Note (a “Transfer”)
except to a Qualified Institutional Lender. Promptly after the Transfer, the non-transferring Note Holder shall be provided with
(x) a representation from a transferee or the

 

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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 (1) prior to a Securitization,
the consent of the non-transferring Note Holder or (2) after a Securitization of such non-transferring Note Holder’s Note,
Rating Agency Confirmation. 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 Mortgage Loan Borrower Related Party and any such Transfer shall be absolutely
null and void and shall vest no rights in the purported transferee. The transferring Note Holder agrees that it will 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 the 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. None of the provisions
of this Section 14(a) shall apply in the case of (1) a sale of all Notes together, in accordance with the terms 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 Property, 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.

 

For
the purposes of this Agreement, if any Rating Agency shall, in writing, waive, decline or refuse 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, such waiver, declination,
or refusal shall be deemed to eliminate, for such request only, the condition that such confirmation by such Rating Agency (only)
be obtained 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.

 

(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

 

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amounts payable hereunder shall be determined as if such Note Holder
had not sold such participation interest.

 

(c)       Notwithstanding
any other provision hereof, any Note Holder may pledge (a “Pledge”) its Note to any entity (other than the
Mortgage Loan Borrower or any Affiliate thereof) which has extended a credit facility to such Note Holder and that 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 (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,
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 the other Note Holders and any Servicer that
a Pledge has been effected (including the name and address of the applicable Note Pledgee), the other Note Holders agree 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 (10) days to cure a default by the pledging Note Holder in respect of its obligations
to the other Note 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 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 Holders 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 Holders 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 such other Note Holders; 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 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 any Servicer from any liability to the pledging Note Holder on account of such other Note
Holders’ or Servicers’ compliance with any Redirection Notice believed by any Servicer or such other Note Holders
to have been delivered by a Note Pledgee. 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 which 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

 

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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 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 the Notes and Each Note Holder. 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 holders of the Notes 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 Holder is so registered shall be
deemed and treated as the sole owner and holder thereof for all purposes of this Agreement, except in the case of the Initial
Note Holders who may hold their Notes through a nominee. Upon request of a Note Holder (including a Servicer on its behalf),
the Agent shall provide such party with the names and addresses of the other Note Holder. To the extent the Trustee or
another party is

 

    40 

     

    

 

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 (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 and the related pooling
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 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 Holder 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.

 

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;

 

    41 

     

    

 

(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 securities backed by a Note; provided that no such
Rating Agency Confirmation shall be required in connection with a modification or amendment (i) to cure any ambiguity, (ii)
to correct or supplement any provisions herein that may be defective or inconsistent with any other provisions of this
Agreement, the Lead Securitization Servicing Agreement or the final disclosure documents relating to the Lead Securitization,
or (iii) entered into pursuant to Section 31 of this Agreement.

 

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, Non-Lead Master
Servicers, Non-Lead Special Servicers and Non-Lead Trustees, 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.

 

    42 

     

    

 

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)       (a)
If the Lead Securitization Note Holder or the Mortgage Loan Borrower shall be 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 Securitization Note Holder’s
interest in such payment (all withheld amounts being deemed paid to such Note Holder), provided that the Lead
Securitization Note Holder shall furnish each 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 and hereby agrees to 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 the Non-Lead
Securitization Note Holders in reliance upon any representation, 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 Non-Lead Securitization Note Holders, it being 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) the applicable 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, the
Non-Lead Securitization Note Holders 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

 

    43 

     

    

 

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) or Form W-8BEN, 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 the Non-Lead Securitization Notes 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 the Non-Lead Securitization Notes) (a) prior to the Lead Securitization
will 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.

 

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, the Non-Lead Securitization Note Holders shall use reasonable efforts, at 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, no Non-Lead Securitization Note Holder 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, such Non-Lead Securitization Note Holder or (ii) materially increase such Non-Lead
Securitization Note Holder’s obligations or materially decrease such Non-Lead Securitization Note Holder’s
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

 

    44 

     

    

 

or appropriate, and each Non-Lead Securitization Note Holder covenants and 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 Noteholder (without any obligation to make additional representations and
warranties) to enable the Lead Securitization Noteholder 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 such 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, the Non-Lead Securitization Note Holders. The Lead Securitization Note Holder will reasonably
cooperate with the Non-Lead Securitization Note Holders by providing all information reasonably requested that is in the Lead
Securitization Note Holder’s possession in connection with the Non-Lead Securitization Note Holders’ preparation
of disclosure materials in connection with a Securitization.

 

Upon
request, the Lead Securitization Note Holder shall deliver to the Non-Lead Securitization Note Holders 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 the 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;

 

    45 

     

    

 

(b)       The
Agent may consult with counsel and any opinion of counsel shall be full and complete authorization and protection in respect of
any action taken or suffered or omitted by it hereunder in good faith and in accordance with such 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)       The
Agent or any of its directors, officers, employees, Affiliates, agents or “control” persons within the meaning of
the Act, shall not 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

 

(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 (10) days prior written notice from the Lead Securitization Note Holder. In the event
that 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 (10) 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. Starwood, 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, 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 Starwood 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 Starwood or an affiliate
thereof (a “Starwood Entity”) is the owner of a Note or a portion thereof that has not been sold pursuant
to a Securitization (such Note or portion thereof,

 

    46 

     

    

 

the “Owned Note”), such Starwood Entity 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, (iii) all Notes pay pro rata and on a pari passu basis and such reallocated or component notes
shall be automatically subject to the terms of this Agreement, (iv) the Starwood Entity holding the New Notes shall notify
the Lead Securitization Note Holder, the Master Servicer, the Special Servicer, the Certificate Administrator and the Trustee
in writing of such modified allocations and principal amounts, and (v) the execution of such amendments and New Notes does
not violate the Servicing Standard. If the Lead Securitization Note Holder so requests, the Starwood Entity holding the New
Notes (and any subsequent holder of such Notes) shall execute a confirmation of the continuing applicability of this
Agreement to the New Notes, as so modified. 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 holder of the other Note. In connection with the foregoing (provided the conditions set forth
in (i) through (v) above are satisfied, with respect to (i) through (iv), as certified by the Starwood Entity, on
which certification the Master Servicer can rely), the Master Servicer is hereby authorized and directed to execute
amendments to the Mortgage Loan Documents and this Agreement on behalf of any or all of the Note Holders, as applicable,
solely for the purpose of reflecting such reallocation of principal. If more than one New Note is created hereunder, for
purposes of exercising the rights of the Non-Controlling Note Holder hereunder, the “Non-Controlling Note Holder”
of such New Notes shall be as provided in the definition of such term in this Agreement.

 

Section
32.          Statement of Intent. The Agent and each Noteholder
intend that the Notes be classified and maintained as a grantor trust under subpart E, part I of subchapter J of chapter 1 of
the Code that is a fixed investment trust within the meaning of Treasury Regulation §301.7701-4(c), and the parties will
not take any action inconsistent with such classification. It is neither the purpose nor the intent of this Agreement to
create a partnership, joint venture, “taxable mortgage pool” or association taxable as a corporation among the
parties.

 

[SIGNATURE
PAGE FOLLOWS]

 

    47 

     

    

 

IN
WITNESS WHEREOF, the Initial Note A-1 Holder, the Initial Note A-2 Holder, the Initial Note A-3 Holder, the Initial Note A-4 Holder
and Initial Note A-5 Holder have caused this Agreement to be duly executed as of the day and year first above written.

 

	 	STARWOOD
MORTGAGE CAPITAL LLC, a Delaware limited liability company, as Initial Note A-1 Holder
	 	 	 
	 	By:	/s/ Grace Y. Chiang
	 	 	Name:   Grace Y. Chiang
	 	 	Title:       Vice President

 

	 	STARWOOD
MORTGAGE CAPITAL LLC, a Delaware limited liability company, as Initial Note A-2 Holder
	 	 	 
	 	By:	/s/ Grace Y. Chiang
	 	 	Name:   Grace Y. Chiang
	 	 	Title:       Vice President

 

	 	STARWOOD
MORTGAGE CAPITAL LLC, a Delaware limited liability company, as Initial Note A-3 Holder
	 	 	 
	 	By	/s/ Grace Y. Chiang
	 	 	Name:   Grace Y. Chiang
	 	 	Title:       Vice President

 

[SIGNATURES
CONTINUE ON FOLLOWING PAGE]

 

CD
2018-CD7: CO-LENDER AGREEMENT – ZENITH RIDGE 

 

     

     

    

 

	 	STARWOOD
MORTGAGE CAPITAL LLC, a Delaware limited liability company, as Initial Note A-4 Holder
	 	 	 
	 	By	/s/ Grace Y. Chiang
	 	 	Name:   Grace Y. Chiang
	 	 	Title:       Vice President

 

	 	STARWOOD
MORTGAGE CAPITAL LLC, a Delaware limited liability company, as Initial Note A-5 Holder
	 	 	 
	 	By	/s/ Grace Y. Chiang
	 	 	Name:   Grace Y. Chiang
	 	 	Title:       Vice President

 

CD
2018-CD7: CO-LENDER AGREEMENT – ZENITH RIDGE

 

     

     

    

 

EXHIBIT
A

MORTGAGE LOAN SCHEDULE

 

Description
of Mortgage Loan

 

	Mortgage
    Loan Borrower:	Quattro
    Investment Group, L.P., Quattro 2A, L.P. and Quattro 2B, L.P., each a Pennsylvania limited partnership
	Date
    of Mortgage Loan:	July
    13, 2018
	Date
    of Note A-1:	July
    13, 2018
	Date
    of Note A-2:	July
    13, 2018
	Date
    of Note A-3:	July
    13, 2018
	Date
    of Note A-4:	July
    13, 2018
	Date
    of Note A-5:	July
    13, 2018
	Original
    Principal Amount of Mortgage Loan:	$90,000,000
	Principal
    Amount of Mortgage Loan as of the date hereof:	$90,000,000
	Initial
    Note A-1 Principal Balance:	$35,000,000
	Initial
    Note A-2 Principal Balance:	$30,000,000
	Initial
    Note A-3 Principal Balance:	$10,000,000
	Initial
    Note A-4 Principal Balance:	$10,000,000
	Initial
    Note A-5 Principal Balance:	$5,000,000
	Location
    of Mortgaged Property:	2200,
    2400, 2600 Ansys Drive, Canonsburg, Pennsylvania
	Stated
    Maturity Date:	August
    6, 2028

 

     A-1

     

    

 

EXHIBIT
B

 

1.       Initial
Note A-1 Holder:

 

(Prior
to Securitization of Note A-1):

 

STARWOOD
MORTGAGE CAPITAL LLC

Notice Address:

Starwood Mortgage Capital LLC

1601 Washington Avenue, Suite 800

Miami Beach, Florida 33139

Attention: Ms. Leslie K. Fairbanks

Facsimile No. (305) 695-5539

 

with
a copy to:

Wells Fargo Commercial Mortgage Services

Duke Energy Center

550 South Tryon St., 12th Floor

MAC D1086-120

Charlotte, North Carolina 28202

Attention: Asset Manager – Starwood Mortgage Capital

Facsimile No.: (704) 715 – 0036

 

Following
Securitization of Note A-1 the applicable notice addresses set forth in the Lead Securitization Servicing Agreement.

 

2.       Initial
Note A-2 Holder:

 

(Prior
to Securitization of Note A-2):

 

STARWOOD
MORTGAGE CAPITAL LLC

Notice Address:

Starwood Mortgage Capital LLC

1601 Washington Avenue, Suite 800

Miami Beach, Florida 33139

Attention: Ms. Leslie K. Fairbanks

Facsimile No. (305) 695-5539

 

     B-1

     

    

 

with
a copy to:

Wells Fargo Commercial Mortgage Services

Duke Energy Center

550 South Tryon St., 12th Floor

MAC D1086-120

Charlotte, North Carolina 28202

Attention: Asset Manager – Starwood Mortgage Capital

Facsimile No.: (704) 715 – 0036

 

Following
Securitization of Note A-2 the applicable notice addresses set forth in the Non-Lead Securitization Servicing Agreement.

 

3.       Initial
Note A-3 Holder:

 

(Prior
to Securitization of Note A-3):

 

STARWOOD
MORTGAGE CAPITAL LLC

Notice Address:

Starwood Mortgage Capital LLC

1601 Washington Avenue, Suite 800

Miami Beach, Florida 33139

Attention: Ms. Leslie K. Fairbanks

Facsimile No. (305) 695-5539

 

with
a copy to:

Wells Fargo Commercial Mortgage Services

Duke Energy Center

550 South Tryon St., 12th Floor

MAC D1086-120

Charlotte, North Carolina 28202

Attention: Asset Manager – Starwood Mortgage Capital

Facsimile No.: (704) 715 – 0036

 

Following
Securitization of Note A-3 the applicable notice addresses set forth in the Non-Lead Securitization Servicing Agreement.

 

     B-2

     

    

 

4.       Initial
Note A-4 Holder:

 

(Prior
to Securitization of Note A-4):

 

STARWOOD
MORTGAGE CAPITAL LLC

Notice Address:

Starwood Mortgage Capital LLC

1601 Washington Avenue, Suite 800

Miami Beach, Florida 33139

Attention: Ms. Leslie K. Fairbanks

Facsimile No. (305) 695-5539

 

with
a copy to:

Wells Fargo Commercial Mortgage Services

Duke Energy Center

550 South Tryon St., 12th Floor

MAC D1086-120

Charlotte, North Carolina 28202

Attention: Asset Manager – Starwood Mortgage Capital

Facsimile No.: (704) 715 – 0036

 

Following
Securitization of Note A-4 the applicable notice addresses set forth in the Non-Lead Securitization Servicing Agreement.

 

5.       Initial
Note A-5 Holder:

 

(Prior
to Securitization of Note A-5):

 

STARWOOD
MORTGAGE CAPITAL LLC

Notice Address:

Starwood Mortgage Capital LLC

1601 Washington Avenue, Suite 800

Miami Beach, Florida 33139

Attention: Ms. Leslie K. Fairbanks

Facsimile No. (305) 695-5539

 

     B-3

     

    

 

with
a copy to:

Wells Fargo Commercial Mortgage Services

Duke Energy Center

550 South Tryon St., 12th Floor

MAC D1086-120

Charlotte, North Carolina 28202

Attention: Asset Manager – Starwood Mortgage Capital

Facsimile No.: (704) 715 – 0036

 

Following
Securitization of Note A-5 the applicable notice addresses set forth in the Non-Lead Securitization Servicing Agreement.

 

     B-4

     

    

 

EXHIBIT
C

PERMITTED FUND MANAGERS

 

	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.	Fortress Investment Group LLC
	11.	Garrison Investment Group
	12.	Goldman, Sachs & Co.
	13.	iStar Financial Inc.
	14.	J.E. Roberts Companies
	15.	Lend-Lease Real Estate Investments
	16.	LoanCore Capital
	17.	Lonestar Funds
	18.	Praedium Group
	19.	Raith Capital Partners, LLC
	20.	Rialto Capital Advisors, LLC
	21.	Rialto Capital Management, LLC
	22.	Rockpoint Group
	23.	Starwood Capital/Starwood Financial Trust
	24.	Torchlight Investors
	25.	Walton Street Capital, LLC
	26.	Westbrook Partners
	27.	WestRiver Capital
	28.	Whitehall Street Real Estate Fund, L.P.

 

     C-1

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