Document:

EXHIBIT 10.3

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           J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.,

                                  PURCHASER

                        NOMURA CREDIT & CAPITAL, INC.,

                                    SELLER

                       MORTGAGE LOAN PURCHASE AGREEMENT

                           Dated as of July 1, 2007

                          Fixed Rate Mortgage Loans

                              Series 2007-LDP11

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            This Mortgage Loan Purchase Agreement (this "Agreement"), dated
as of July 1, 2007, is between J.P. Morgan Chase Commercial Mortgage
Securities Corp., as purchaser (the "Purchaser"), and Nomura Credit &
Capital, Inc., as seller (the "Seller").

            Capitalized terms used in this Agreement not defined herein shall
have the meanings ascribed to them in the Pooling and Servicing Agreement dated
as of July 1, 2007 (the "Pooling and Servicing Agreement") among the Purchaser,
as depositor (the "Depositor"), Wachovia Bank, National Association, as master
servicer (the "Master Servicer"), CWCapital Asset Management LLC, as special
servicer (the "Special Servicer"), and LaSalle Bank National Association, as
trustee (the "Trustee"), pursuant to which the Purchaser will sell the Mortgage
Loans (as defined herein) to a trust fund and certificates representing
ownership interests in the Mortgage Loans will be issued by the trust fund. For
purposes of this Agreement, the term "Mortgage Loans" refers to the mortgage
loans listed on Exhibit A and the term "Mortgaged Properties" refers to the
properties securing such Mortgage Loans.

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

            SECTION 1. Sale and Conveyance of Mortgages; Possession of Mortgage
File. Effective as of the Closing Date and upon receipt of the purchase price
set forth in the immediately succeeding paragraph, the Seller does hereby sell,
transfer, assign, set over and convey to the Purchaser, without recourse
(subject to certain agreements regarding servicing as provided in the Pooling
and Servicing Agreement, subservicing agreements permitted thereunder and that
certain Servicing Rights Purchase Agreement, dated as of the Closing Date
between the Master Servicer and the Seller) all of its right, title, and
interest in and to the Mortgage Loans including all interest and principal
received on or with respect to the Mortgage Loans after the Cut-off Date (other
than payments of principal and interest first due on the Mortgage Loans on or
before the Cut-off Date). Upon the sale of the Mortgage Loans, the ownership of
each related Mortgage Note, the Mortgage and the other contents of the related
Mortgage File will be vested in the Purchaser and immediately thereafter the
Trustee and the ownership of records and documents with respect to the related
Mortgage Loan prepared by or which come into the possession of the Seller (other
than the records and documents described in the proviso to Section 3(a) hereof)
shall immediately vest in the Purchaser and immediately thereafter the Trustee.
The Seller's records will accurately reflect the sale of each Mortgage Loan to
the Purchaser. The Depositor will sell the Class A-1, Class A-2, Class A-2FL,
Class A-3, Class A-4, Class A-SB, Class A-1A, Class X, Class A-M, Class A-J,
Class B, Class C, Class D, Class E and Class F Certificates (the "Offered
Certificates") to the underwriters (the "Underwriters") specified in the
underwriting agreement dated June 28, 2007 (the "Underwriting Agreement")
between the Depositor and J.P. Morgan Securities Inc. ("JPMSI") for itself and
as representative of the several underwriters identified therein, and the
Depositor will sell the Class G, Class H, Class J, Class K, Class L, Class M,
Class N, Class P, Class Q, Class T and Class NR Certificates (the "Private
Certificates") to JPMSI and UBS Securities LLC, the initial purchasers (together
with the Underwriters, the "Dealers") specified in the certificate purchase
agreement dated June 28, 2007 (the "Certificate Purchase Agreement"), between
the Depositor and JPMSI for itself and as representative of the initial
purchasers identified therein.

            The sale and conveyance of the Mortgage Loans is being conducted on
an arms length basis and upon commercially reasonable terms. As the purchase
price for the Mortgage Loans, the Purchaser shall pay to the Seller or at the
Seller's direction in immediately available funds the sum of $740,641,284.54
(which amount is inclusive of accrued interest and exclusive of the Seller's pro
rata share of the costs set forth in Section 9 hereof). The purchase and sale of
the Mortgage Loans shall take place on the Closing Date.

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

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

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

            SECTION 3. Delivery of Mortgage Loan Documents; Additional Costs and
Expenses. (a) The Purchaser hereby directs the Seller, and the Seller hereby
agrees, upon the transfer of the Mortgage Loans contemplated herein, to deliver
on the Closing Date to the Trustee or a Custodian appointed thereby, all
documents, instruments and agreements required to be delivered by the Purchaser
to the Trustee with respect to the Mortgage Loans under Sections 2.01(b) and
2.01(c) of the Pooling and Servicing Agreement, and meeting all the requirements
of such Sections 2.01(b) and 2.01(c), and such other documents, instruments and
agreements as the Purchaser or the Trustee shall reasonably request. In
addition, the Seller agrees to deliver or cause to be delivered to the Master
Servicer, the Servicing File for each Mortgage Loan transferred pursuant to this
Agreement; provided that the Seller shall not be required to deliver any draft
documents, or any attorney client communications which are privileged
communications or constitute legal or other due diligence analyses, or internal
communications of the Seller or its affiliates, or credit underwriting or other
analyses or data.

            (b) With respect to the transfer described in Section 1 hereof, if
the Mortgage Loan documents do not require the related Mortgagor to pay any
costs and expenses relating to any modifications to a related letter of credit
which modifications are required to effectuate such transfer (the "Transfer
Modification Costs"), then the Seller shall pay the Transfer Modification Costs
required to transfer the letter of credit to the Trustee as described in such
Section 1; provided that if the Mortgage Loan documents require the related
Mortgagor to pay any Transfer Modification Costs, such Transfer Modification
Costs shall be an expense of the Mortgagor unless such Mortgagor fails to pay
such Transfer Modification Costs after the Master Servicer has exercised all
remedies available under the Mortgage Loan documents to collect such Transfer
Modification Costs from such Mortgagor, in which case the Master Servicer shall
give the Seller notice of such failure and the amount of such Transfer
Modification costs and the Seller shall pay such Transfer Modification Costs.

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

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

            (a) it shall record or cause a third party to record in the
appropriate public recording office for real property the intermediate
assignments of the Mortgage Loans and the Assignments of Mortgage from the
Seller to the Trustee in connection with the Pooling and Servicing Agreement.
All recording fees relating to the initial recordation of such intermediate
assignments and Assignments of Mortgage shall be paid by the Seller;

            (b) it shall take any action reasonably required by the Purchaser,
the Trustee or the Master Servicer, in order to assist and facilitate in the
transfer of the servicing of the Mortgage Loans to the Master Servicer,
including effectuating the transfer of any letters of credit with respect to any
Mortgage Loan to the Trustee (in care of the Master Servicer) for the benefit of
Certificateholders. Prior to the date that a letter of credit, if any, with
respect to any Mortgage Loan is transferred to the Trustee (in care of the
Master Servicer), the Seller will cooperate with the reasonable requests of the
Master Servicer or Special Servicer, as applicable, in connection with
effectuating a draw under such letter of credit as required under the terms of
the related Mortgage Loan documents;

            (c) if, during such period of time after the first date of the
public offering of the Offered Certificates as in the opinion of counsel for the
Underwriters, a prospectus relating to the Offered Certificates is required by
applicable law to be delivered in connection with sales thereof by an
Underwriter or a Dealer, any event shall occur as a result of which it is
necessary to amend or supplement the Prospectus Supplement, including Annexes
A-1, A-2, A-3 and B thereto and the Diskette included therewith, with respect to
any information relating to the Mortgage Loans or the Seller, in order to make
the statements therein, in the light of the circumstances when the Prospectus
Supplement is delivered to a purchaser, not misleading, or if it is necessary to
amend or supplement the Prospectus Supplement, including Annexes A-1, A-2, A-3
and B thereto and the Diskette included therewith, with respect to any
information relating to the Mortgage Loans or the Seller, to comply with
applicable law, the Seller shall do all things necessary to assist the Depositor
to prepare and furnish, at the expense of the Seller (to the extent that such
amendment or supplement relates to the Seller, the Mortgage Loans listed on
Exhibit A and/or any information relating to the same, as provided by the
Seller), to the Underwriters such amendments or supplements to the Prospectus
Supplement as may be necessary, so that the statements in the Prospectus
Supplement as so amended or supplemented, including Annexes A-1, A-2, A-3 and B
thereto and the Diskette included therewith, with respect to any information
relating to the Mortgage Loans or the Seller, will not, in the light of the
circumstances when the Prospectus is so amended or supplemented, be misleading
or so that the Prospectus Supplement, including Annexes A-1, A-2, A-3 and B
thereto and the Diskette included therewith, with respect to any information
relating to the Mortgage Loans or the Seller, will comply with applicable law.
All terms used in this clause (c) and not otherwise defined herein shall have
the meaning set forth in the Indemnification Agreement, dated as of June 28,
2007 between the Purchaser and the Seller (the "Indemnification Agreement"); and

            (d) for so long as the Trust is subject to the reporting
requirements of the Exchange Act, the Seller shall provide the Purchaser (or
with respect to any Companion Loan related to a Serviced Whole Loan or any
Serviced Securitized Companion Loan that is deposited into an Other
Securitization or a Regulation AB Companion Loan Securitization, the depositor
in such Other Securitization or Regulation AB Companion Loan Securitization) and
the Trustee with any Additional Form 10-D Disclosure and any Additional Form
10-K Disclosure set forth next to the Purchaser's name (only with respect to
disclosure related to Items 1117 or 1119 of Regulation AB) on Schedule X and
Schedule Y of the Pooling and Servicing Agreement within the time periods set
forth in the Pooling and Servicing Agreement.

            SECTION 6. Representations and Warranties.

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

            (i) it is a corporation, duly organized, validly existing and in
      good standing under the laws of the State of Delaware;

            (ii) it has the power and authority to own its property and to carry
      on its business as now conducted;

            (iii) it has the power to execute, deliver and perform this
      Agreement;

            (iv) it is legally authorized to transact business in the State of
      New York. The Seller is in compliance with the laws of each state in which
      any Mortgaged Property is located to the extent necessary so that a
      subsequent holder of the related Mortgage Loan (including, without
      limitation, the Purchaser) that is in compliance with the laws of such
      state would not be prohibited from enforcing such Mortgage Loan solely by
      reason of any non-compliance by the Seller;

            (v) the execution, delivery and performance of this Agreement by the
      Seller have been duly authorized by all requisite action by the Seller's
      board of directors and will not violate or breach any provision of its
      organizational documents;

            (vi) this Agreement has been duly executed and delivered by the
      Seller and constitutes a legal, valid and binding obligation of the
      Seller, enforceable against it in accordance with its terms (except as
      enforcement thereof may be limited by bankruptcy, receivership,
      conservatorship, reorganization, insolvency, moratorium or other laws
      affecting the enforcement of creditors' rights generally and by general
      equitable principles regardless of whether enforcement is considered in a
      proceeding in equity or at law);

            (vii) there are no legal or governmental proceedings pending to
      which the Seller is a party or of which any property of the Seller is the
      subject which, if determined adversely to the Seller, would reasonably be
      expected to adversely affect (A) the transfer of the Mortgage Loans and
      the Mortgage Loan documents as contemplated herein, (B) the execution and
      delivery by the Seller or enforceability against the Seller of the
      Mortgage Loans or this Agreement, or (C) the performance of the Seller's
      obligations hereunder;

            (viii) it has no actual knowledge that any statement, report,
      officer's certificate or other document prepared and furnished or to be
      furnished by the Seller in connection with the transactions contemplated
      hereby (including, without limitation, any financial cash flow models and
      underwriting file abstracts furnished by the Seller) contains any untrue
      statement of a material fact or omits to state a material fact necessary
      in order to make the statements contained therein, in the light of the
      circumstances under which they were made, not misleading;

            (ix) it is not, nor with the giving of notice or lapse of time or
      both would be, in violation of or in default under any indenture,
      mortgage, deed of trust, loan agreement or other agreement or instrument
      to which it is a party or by which it or any of its properties is bound,
      except for violations and defaults which individually and in the aggregate
      would not have a material adverse effect on the transactions contemplated
      herein; the sale of the Mortgage Loans and the performance by the Seller
      of all of its obligations under this Agreement and the consummation by the
      Seller of the transactions herein contemplated do not conflict with or
      result in a breach of any of the terms or provisions of, or constitute a
      default under, any material indenture, mortgage, deed of trust, loan
      agreement or other agreement or instrument to which the Seller is a party
      or by which the Seller is bound or to which any of the property or assets
      of the Seller is subject, nor will any such action result in any violation
      of the provisions of any applicable law or statute or any order, rule or
      regulation of any court or governmental agency or body having jurisdiction
      over the Seller, or any of its properties, except for conflicts, breaches,
      defaults and violations which individually and in the aggregate would not
      have a material adverse effect on the transactions contemplated herein;
      and no consent, approval, authorization, order, license, registration or
      qualification of or with any such court or governmental agency or body is
      required for the consummation by the Seller of the transactions
      contemplated by this Agreement, other than any consent, approval,
      authorization, order, license, registration or qualification that has been
      obtained or made;

            (x) it has either (A) not dealt with any Person (other than the
      Purchaser or the Dealers or their respective affiliates or any servicer of
      a Mortgage Loan) that may be entitled to any commission or compensation in
      connection with the sale or purchase of the Mortgage Loans or entering
      into this Agreement or (B) paid in full any such commission or
      compensation (except with respect to any servicer of a Mortgage Loan, any
      commission or compensation that may be due and payable to such servicer if
      such servicer is terminated and does not continue to act as a servicer);
      and

            (xi) it is solvent and the sale of the Mortgage Loans hereunder will
      not cause it to become insolvent; and the sale of the Mortgage Loans is
      not undertaken with the intent to hinder, delay or defraud any of the
      Seller's creditors.

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

            (i) it is a corporation duly organized, validly existing, and in
      good standing in the State of Delaware;

            (ii) it is duly qualified as a foreign corporation in good standing
      in all jurisdictions in which ownership or lease of its property or the
      conduct of its business requires such qualification, except where the
      failure to be so qualified would not have a material adverse effect on the
      Purchaser, and the Purchaser is conducting its business so as to comply in
      all material respects with the applicable statutes, ordinances, rules and
      regulations of each jurisdiction in which it is conducting business;

            (iii) it has the power and authority to own its property and to
      carry on its business as now conducted;

            (iv) it has the power to execute, deliver and perform this
      Agreement, and neither the execution and delivery by the Purchaser of this
      Agreement, nor the consummation by the Purchaser of the transactions
      herein contemplated, nor the compliance by the Purchaser with the
      provisions hereof, will (A) conflict with or result in a breach of, or
      constitute a default under, any of the provisions of the certificate of
      incorporation or by-laws of the Purchaser or any of the provisions of any
      law, governmental rule, regulation, judgment, decree or order binding on
      the Purchaser or any of its properties, or any indenture, mortgage,
      contract or other instrument or agreement to which the Purchaser is a
      party or by which it is bound, or (B) result in the creation or imposition
      of any lien, charge or encumbrance upon any of the Purchaser's property
      pursuant to the terms of any such indenture, mortgage, contract or other
      instrument or agreement;

            (v) this Agreement constitutes a legal, valid and binding obligation
      of the Purchaser enforceable against it in accordance with its terms
      (except as enforcement thereof may be limited by (a) bankruptcy,
      receivership, conservatorship, reorganization, insolvency, moratorium or
      other laws affecting the enforcement of creditors' rights generally and
      (b) general equitable principles (regardless of whether enforcement is
      considered in a proceeding in equity or law));

            (vi) there are no legal or governmental proceedings pending to which
      the Purchaser is a party or of which any property of the Purchaser is the
      subject which, if determined adversely to the Purchaser, might interfere
      with or adversely affect the consummation of the transactions contemplated
      herein and in the Pooling and Servicing Agreement; to the best of the
      Purchaser's knowledge, no such proceedings are threatened or contemplated
      by any governmental authorities or threatened by others;

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

            (viii) it has not dealt with any broker, investment banker, agent or
      other person, other than the Seller, the Dealers and their respective
      affiliates, that may be entitled to any commission or compensation in
      connection with the purchase and sale of the Mortgage Loans or the
      consummation of any of the transactions contemplated hereby;

            (ix) 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 the Purchaser
      have been obtained or made; and

            (x) it has not intentionally violated any provisions of the United
      States Banking Secrecy Act, the United States Money Laundering Control Act
      of 1986 or the United States International Money Laundering Abatement and
      Anti-Terrorism Financing Act of 2001.

            (c) The Seller further makes the representations and warranties as
to the Mortgage Loans set forth in Exhibit B as of the Closing Date (or as of
such other date if specifically provided in the particular representation or
warranty), which representations and warranties are subject to the exceptions
thereto set forth in Exhibit C. Neither the delivery by the Seller of the
Mortgage Files, Servicing Files, or any other documents required to be delivered
under Section 2.01 of the Pooling and Servicing Agreement, nor the review
thereof or any other due diligence by the Trustee, any Master Servicer, the
Special Servicer, a Certificate Owner or any other Person shall relieve the
Seller of any liability or obligation with respect to any representation or
warranty or otherwise under this Agreement or constitute notice to any Person of
a Breach or Defect.

            (d) Pursuant to this Agreement or Section 2.03(b) of the Pooling and
Servicing Agreement, the Seller and the Purchaser shall be given notice of any
Breach or Defect that materially and adversely affects the value of any Mortgage
Loan, the value of the related Mortgaged Property or the interests of the
Trustee or any Certificateholder therein.

            (e) Upon notice pursuant to Section 6(d) above, the Seller shall,
not later than 90 days from the earlier of the Seller's receipt of the notice
or, in the case of a Defect or Breach relating to a Mortgage Loan not being a
"qualified mortgage" within the meaning of Section 860G(a)(3) of the Code, but
without regard to the rule of Treasury Regulation Section 1.860G-2(f)(2) that
causes a defective mortgage loan to be treated as a qualified mortgage, the
Seller's discovery of such Breach or Defect (the "Initial Resolution Period"),
(i) cure such Defect or Breach, as the case may be, in all material respects,
(ii) repurchase the affected Mortgage Loan at the applicable Repurchase Price
(as defined below) or (iii) substitute a Qualified Substitute Mortgage Loan (as
defined below) for such affected Mortgage Loan (provided that in no event shall
any such substitution occur later than the second anniversary of the Closing
Date) and pay the Master Servicer for deposit into the Certificate Account, any
Substitution Shortfall Amount (as defined below) in connection therewith;
provided, however, except with respect to a Defect resulting solely from the
failure by the Seller to deliver to the Trustee or Custodian the actual policy
of lender's title insurance required pursuant to clause (ix) of the definition
of Mortgage File by a date not later than 18 months following the Closing Date,
if such Breach or Defect is capable of being cured but is not cured within the
Initial Resolution Period, and the Seller has commenced and is diligently
proceeding with the cure of such Breach or Defect within the Initial Resolution
Period, the Seller shall have an additional 90 days commencing immediately upon
the expiration of the Initial Resolution Period (the "Extended Resolution
Period") to complete such cure (or, failing such cure, to repurchase the related
Mortgage Loan or substitute a Qualified Substitute Mortgage Loan as described
above); and provided, further, with respect to the Extended Resolution Period
the Seller shall have delivered an officer's certificate to the Rating Agencies,
the Master Servicer, the Special Servicer, the Trustee and the Directing
Certificateholder setting forth the reason such Breach or Defect is not capable
of being cured within the Initial Resolution Period and what actions the Seller
is pursuing in connection with the cure thereof and stating that the Seller
anticipates that such Breach or Defect will be cured within the Extended
Resolution Period. Notwithstanding the foregoing, any Defect or Breach which
causes any Mortgage Loan not to be a "qualified mortgage" (within the meaning of
Section 860G(a)(3) of the Code, without regard to the rule of Treasury
Regulations Section 1.860G-2(f)(2) which causes a defective mortgage loan to be
treated as a qualified mortgage) shall be deemed to materially and adversely
affect the interests of the holders of the Certificates therein, and such
Mortgage Loan shall be repurchased or a Qualified Substitute Mortgage Loan
substituted in lieu thereof without regard to the extended cure period described
in the preceding sentence. If the affected Mortgage Loan is to be repurchased,
the Seller shall remit the Repurchase Price (defined below) in immediately
available funds to the Trustee.

            If any Breach pertains to a representation or warranty that the
related Mortgage Loan documents or any particular Mortgage Loan document
requires the related Mortgagor to bear the costs and expenses associated with
any particular action or matter under such Mortgage Loan document(s), then
Seller shall cure such Breach within the applicable cure period (as the same may
be extended) by reimbursing the Trust Fund (by wire transfer of immediately
available funds) the reasonable amount of any such costs and expenses incurred
by the Master Servicer, the Special Servicer, the Trustee or the Trust Fund that
are the basis of such Breach and have not been reimbursed by the related
Mortgagor; provided, however, in the event any such costs and expenses exceed
$10,000, the Seller shall have the option to either repurchase or substitute for
the related Mortgage Loan as provided above or pay such costs and expenses.
Except as provided in the proviso to the immediately preceding sentence, the
Seller shall remit the amount of such costs and expenses and upon its making
such remittance, the Seller shall be deemed to have cured such Breach in all
respects. To the extent any fees or expenses that are the subject of a cure by
the Seller are subsequently obtained from the related Mortgagor, the portion of
the cure payment equal to such fees or expenses obtained from the Mortgagor
shall be returned to the Seller pursuant to Section 2.03(f) of the Pooling and
Servicing Agreement. Notwithstanding the foregoing, the sole remedy with respect
to any breach of the representation set forth in the second to last sentence of
clause (32) of Exhibit B hereto shall be payment by the Seller of such costs and
expenses without respect to the materiality of such breach.

            Any of the following will cause a document in the Mortgage File to
be deemed to have a Defect and to be conclusively presumed to materially and
adversely affect the interests of Certificateholders in a Mortgage Loan and to
be deemed to materially and adversely affect the interests of the
Certificateholders in and the value of a Mortgage Loan: (a) the absence from the
Mortgage File of the original signed Mortgage Note, unless the Mortgage File
contains a signed lost note affidavit and indemnity with a copy of the Mortgage
Note that appears to be regular on its face; (b) the absence from the Mortgage
File of the original signed Mortgage that appears to be regular on its face,
unless there is included in the Mortgage File a certified copy of the Mortgage
and a certificate stating that the original signed Mortgage was sent for
recordation; (c) the absence from the Mortgage File of the lender's title
insurance policy (or if the policy has not yet been issued, an original or copy
of a "marked up" written commitment or the pro-forma or specimen title insurance
policy or a commitment to issue the same pursuant to written escrow instructions
signed by the title insurance company) called for by clause (ix) of the
definition of "Mortgage File" in the Pooling and Servicing Agreement; (d) the
absence from the Mortgage File of any required letter of credit; (e) with
respect to any leasehold mortgage loan, the absence from the related Mortgage
File of a copy (or an original, if available) of the related Ground Lease; or
(f) the absence from the Mortgage File of any intervening assignments required
to create a complete chain of assignments to the Trustee on behalf of the Trust,
unless there is included in the Mortgage File a certified copy of the
intervening assignment and a certificate stating that the original intervening
assignments were sent for recordation; provided, however, no Defect (except the
Defects previously described in clauses (a) through (f)) shall be considered to
materially and adversely affect the value of any Mortgage Loan, the value of the
related Mortgaged Property, the interests of the Trustee therein or the
interests of any Certificateholder therein unless the document with respect to
which the Defect exists is required in connection with an imminent enforcement
of the Mortgagee's rights or remedies under the related Mortgage Loan, defending
any claim asserted by any borrower or third party with respect to the Mortgage
Loan, establishing the validity or priority of any lien on any collateral
securing the Mortgage Loan or for any immediate significant servicing
obligation. Notwithstanding the foregoing, the delivery of executed escrow
instructions or a commitment to issue a lender's title insurance policy, as
provided in clause (ix) of the definition of "Mortgage File" in the Pooling and
Servicing Agreement, in lieu of the delivery of the actual policy of lender's
title insurance, shall not be considered a Defect or Breach with respect to any
Mortgage File if such actual policy is delivered to the Trustee or its Custodian
within 18 months after the Closing Date.

            If (i) any Mortgage Loan is required to be repurchased or
substituted for in the manner described in the first paragraph of this Section
6(e), (ii) such Mortgage Loan is a Crossed Loan, and (iii) the applicable Defect
or Breach does not constitute a Defect or Breach, as the case may be, as to any
other Crossed Loan in such Crossed Group (without regard to this paragraph),
then the applicable Defect or Breach, as the case may be, will be deemed to
constitute a Defect or Breach, as the case may be, as to each other Crossed Loan
in the Crossed Group for purposes of this paragraph, and the Seller will be
required to repurchase or substitute for all of the remaining Crossed Loans in
the related Crossed Group as provided in the first paragraph of this Section
6(e) unless such other Crossed Loans in such Crossed Group satisfy the Crossed
Loan Repurchase Criteria, and the Mortgage Loan affected by the applicable
Defect or Breach and the Qualified Substitute Mortgage Loan, if any, satisfy all
other criteria for repurchase or substitution, as applicable, of Mortgage Loans
set forth herein. In the event that the remaining Crossed Loans satisfy the
aforementioned criteria, the Seller may elect either to repurchase or substitute
for only the affected Crossed Loan as to which the related Breach or Defect
exists or to repurchase or substitute for all of the Crossed Loans in the
related Crossed Group. The Seller shall be responsible for the cost of any
Appraisal required to be obtained by the Master Servicer to determine if the
Crossed Loan Repurchase Criteria have been satisfied, so long as the scope and
cost of such Appraisal has been approved by the Seller (such approval not to be
unreasonably withheld).

            To the extent that the Seller is required to repurchase or
substitute for a Crossed Loan hereunder in the manner prescribed above while the
Trustee continues to hold any other Crossed Loans in such Crossed Group, neither
the Seller nor the Trustee shall enforce any remedies against the other's
Primary Collateral, but each is permitted to exercise remedies against the
Primary Collateral securing its respective Crossed Loans, including with respect
to the Trustee, the Primary Collateral securing Crossed Loans still held by the
Trustee.

            If the exercise of remedies by one party would materially impair the
ability of the other party to exercise its remedies with respect to the Primary
Collateral securing the Crossed Loans held by such party, then the Seller and
the Trustee shall forbear from exercising such remedies until the Mortgage Loan
documents evidencing and securing the relevant Crossed Loans can be modified in
a manner that removes the threat of material impairment as a result of the
exercise of remedies or some other accommodation can be reached. Any reserve or
other cash collateral or letters of credit securing the Crossed Loans shall be
allocated between such Crossed Loans in accordance with the Mortgage Loan
documents, or otherwise on a pro rata basis based upon their outstanding Stated
Principal Balances. Notwithstanding the foregoing, if a Crossed Loan that
remains in the Trust Fund is modified to terminate the related cross
collateralization and/or cross default provisions, as a condition to such
modification, the Seller shall furnish to the Trustee an Opinion of Counsel that
any modification shall not cause an Adverse REMIC Event. Any expenses incurred
by the Purchaser in connection with such modification or accommodation
(including but not limited to recoverable attorney fees) shall be paid by the
Seller.

            The "Repurchase Price" with respect to any Mortgage Loan or REO Loan
to be repurchased pursuant to this Agreement and Section 2.03 of the Pooling and
Servicing Agreement, shall have the meaning given to the term "Purchase Price"
in the Pooling and Servicing Agreement.

            A "Qualified Substitute Mortgage Loan" with respect to any Mortgage
Loan or REO Loan to be substituted pursuant to this Agreement and Section 2.03
of the Pooling and Servicing Agreement, shall have the meaning given to such
term in the Pooling and Servicing Agreement.

            A "Substitution Shortfall Amount" with respect to any Mortgage Loan
or REO Loan to be substituted pursuant to this Agreement and Section 2.03 of the
Pooling and Servicing Agreement, shall have the meaning given to such term in
the Pooling and Servicing Agreement.

            In connection with any repurchase or substitution of one or more
Mortgage Loans contemplated hereby, (i) the Purchaser shall execute and deliver,
or cause the execution and delivery of, such endorsements and assignments,
without recourse, as shall be necessary to vest in the Seller the legal and
beneficial ownership of each repurchased Mortgage Loan or replaced Mortgage
Loan, as applicable, (ii) the Purchaser shall deliver, or cause the delivery, to
the Seller of all portions of the Mortgage File and other documents (including
the Servicing File) pertaining to such Mortgage Loan possessed by the Trustee,
or on the Trustee's behalf, and (iii) the Purchaser shall release, or cause to
be released, to the Seller any escrow payments and reserve funds held by the
Trustee, or on the Trustee's behalf, in respect of such repurchased or replaced
Mortgage Loans.

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

            (g) Each party hereby agrees to promptly notify the other party of
any Breach of a representation or warranty contained in this Section 6. The
Seller's obligation to cure any Breach or Defect or repurchase or substitute for
the affected Mortgage Loan pursuant to Section 6(e) herein shall constitute the
sole remedy available to the Purchaser in connection with a Breach or Defect
(subject to the last sentence of the second paragraph of Section 6(e)). It is
acknowledged and agreed that the representations and warranties are being made
for risk allocation purposes only; provided, however, no limitation of remedy is
implied with respect to the Seller's breach of its obligation to cure,
repurchase or substitute in accordance with the terms and conditions of this
Agreement.

            SECTION 7. Conditions to Closing. The obligations of the Purchaser
to purchase the Mortgage Loans shall be subject to the satisfaction, on or prior
to the Closing Date, of the following conditions:

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

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

            (i) copies of the Seller's certificate of incorporation and by-laws,
      certified as of a recent date by the Secretary or Assistant Secretary of
      the Seller;

            (ii) an original or copy of a certificate of good standing of the
      Seller issued by the Secretary of the State of Delaware dated not earlier
      than sixty days prior to the Closing Date;

            (iii) an opinion of counsel of the Seller, in form and substance
      satisfactory to the Purchaser and its counsel, substantially to the effect
      that:

                  (A) the Seller is a corporation, duly organized, validly
            existing and in good standing under the laws of the State of
            Delaware;

                  (B) the Seller has the power to conduct its business as now
            conducted and to incur and perform its obligations under this
            Agreement and the Indemnification Agreement;

                  (C) all necessary corporate or other action has been taken by
            the Seller to authorize the execution, delivery and performance of
            this Agreement and the Indemnification Agreement by the Seller and
            this Agreement is a legal, valid and binding agreement of the Seller
            enforceable against the Seller, whether such enforcement is sought
            in a procedure at law or in equity, except to the extent such
            enforcement may be limited by bankruptcy or other similar creditors'
            laws or principles of equity and public policy considerations
            underlying the securities laws, to the extent that such public
            policy considerations limit the enforceability of the provisions of
            the Agreement which purport to provide indemnification with respect
            to securities law violations;

                  (D) the Seller's execution and delivery of, and the Seller's
            performance of its obligations under, each of this Agreement and the
            Indemnification Agreement do not and will not conflict with the
            Seller's articles of association or by-laws or conflict with or
            result in the breach of any of the terms or provisions of, or
            constitute a default under, any indenture, mortgage, deed of trust,
            loan agreement or other material agreement or instrument to which
            the Seller is a party or by which the Seller is bound, or to which
            any of the property or assets of the Seller is subject or violate
            any provisions of law or conflict with or result in the breach of
            any order of any court or any governmental body binding on the
            Seller;

                  (E) there is no litigation, arbitration or mediation pending
            before any court, arbitrator, mediator or administrative body, or to
            such counsel's actual knowledge, threatened, against the Seller
            which (i) questions, directly or indirectly, the validity or
            enforceability of this Agreement or the Indemnification Agreement or
            (ii) would, if decided adversely to the Seller, either individually
            or in the aggregate, reasonably be expected to have a material
            adverse effect on the ability of the Seller to perform its
            obligations under this Agreement or the Indemnification Agreement;
            and

                  (F) no consent, approval, authorization, order, license,
            registration or qualification of or with federal court or
            governmental agency or body is required for the consummation by the
            Seller of the transactions contemplated by this Agreement and the
            Indemnification Agreement, except such consents, approvals,
            authorizations, orders, licenses, registrations or qualifications as
            have been obtained; and

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

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

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

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

            SECTION 8. Closing. The closing for the purchase and sale of the
Mortgage Loans shall take place at the office of Cadwalader, Wickersham & Taft
LLP, Charlotte, North Carolina, at 10:00 a.m., on the Closing Date or such other
place and time as the parties shall agree. The parties hereto agree that time is
of the essence with respect to this Agreement.

            SECTION 9. Expenses. The Seller will pay its pro rata share (the
Seller's pro rata share to be determined according to the percentage that the
aggregate principal balance as of the Cut-off Date of all the Mortgage Loans
represents in proportion to the aggregate principal balance as of the Cut-off
Date of all the mortgage loans to be included in the Trust Fund) of all costs
and expenses of the Purchaser in connection with the transactions contemplated
herein, including (without duplication thereof), but not limited to: (i) the
costs and expenses of the Purchaser in connection with the purchase of the
Mortgage Loans and other mortgage loans; (ii) the costs and expenses of
reproducing and delivering the Pooling and Servicing Agreement and printing (or
otherwise reproducing) and delivering the Certificates; (iii) the reasonable and
documented fees, costs and expenses of the Trustee and its counsel incurred in
connection with the Trustee entering into the Pooling and Servicing Agreement;
(iv) the fees and disbursements of a firm of certified public accountants
selected by the Purchaser and the Seller with respect to numerical information
in respect of the Mortgage Loans, other mortgage loans and the Certificates
included in the Prospectus, the Memoranda (as defined in the Indemnification
Agreement) and Term Sheet (as defined in the Indemnification Agreement), or
items similar to the Term Sheet, including the cost of obtaining any "comfort
letters" with respect to such items; (v) the costs and expenses in connection
with the qualification or exemption of the Certificates under state securities
or blue sky laws, including filing fees and reasonable fees and disbursements of
counsel in connection therewith; (vi) the costs and expenses in connection with
any determination of the eligibility of the Certificates for investment by
institutional investors in any jurisdiction and the preparation of any legal
investment survey, including reasonable fees and disbursements of counsel in
connection therewith; (vii) the costs and expenses in connection with printing
(or otherwise reproducing) and delivering the Registration Statement, Prospectus
and Memoranda, and the reproduction and delivery of this Agreement and the
furnishing to the Underwriters of such copies of the Registration Statement,
Prospectus, Memoranda and this Agreement as the Underwriters may reasonably
request; (viii) the fees of the rating agency or agencies requested to rate the
Certificates and (ix) the reasonable fees and expenses of Thacher Proffitt &
Wood LLP, counsel to the Underwriters, and Cadwalader, Wickersham & Taft LLP,
counsel to the Depositor.

            SECTION 10. Severability of Provisions. If any one or more of the
covenants, agreements, provisions or terms of this Agreement shall be for any
reason whatsoever held invalid, then such covenants, agreements, provisions or
terms shall be deemed severable from the remaining covenants, agreements,
provisions or terms of this Agreement and shall in no way affect the validity or
enforceability of the other provisions of this Agreement. Furthermore, the
parties shall in good faith endeavor to replace any provision held to be invalid
or unenforceable with a valid and enforceable provision which most closely
resembles, and which has the same economic effect as, the provision held to be
invalid or unenforceable.

            SECTION 11. Governing Law. This Agreement shall be construed in
accordance with the laws of the State of New York without regard to conflicts of
law principles and the obligations, rights and remedies of the parties hereunder
shall be determined in accordance with such laws.

            SECTION 12. No Third Party Beneficiaries. The parties do not intend
the benefits of this Agreement to inure to any third party except as expressly
set forth in Section 13.

            SECTION 13. Assignment. The Seller hereby acknowledges that the
Purchaser has, concurrently with the execution hereof, executed and delivered
the Pooling and Servicing Agreement and that, in connection therewith, it has
assigned its rights hereunder to the Trustee for the benefit of the
Certificateholders to the extent set forth in the Pooling and Servicing
Agreement and that the rights so assigned may be further assigned to, and shall
inure to the benefit of, any successor trustee under the Pooling and Servicing
Agreement. The Seller hereby acknowledges its obligations (subject to the
provisions hereof), including that of expense reimbursement, pursuant to
Sections 2.01, 2.02 and 2.03 of the Pooling and Servicing Agreement. Except as
set forth hereinabove and in Sections 2.01, 2.02 and 2.03 of the Pooling and
Servicing Agreement, the representations and warranties of the Seller made
hereunder and the remedies provided hereunder with respect to Breaches or
Defects may not be further assigned by the Purchaser, the Trustee or any
successor trustee. No owner of a Certificate issued pursuant to the Pooling and
Servicing Agreement shall be deemed a successor or permitted assign because of
such ownership. This Agreement shall bind and inure to the benefit of, and be
enforceable by, the Seller, the Purchaser and their permitted successors and
permitted assigns. The warranties and representations and the agreements made by
the Seller herein shall survive delivery of the Mortgage Loans to the Trustee
until the termination of the Pooling and Servicing Agreement.

            SECTION 14. Notices. All demands, notices and communications
hereunder shall be in writing and shall be deemed to have been duly given upon
receipt by the intended recipient if personally delivered at or couriered, sent
by facsimile transmission or mailed by first class or registered mail, postage
prepaid, to (i) in the case of the Purchaser, J.P. Morgan Chase Commercial
Mortgage Securities Corp., 270 Park Avenue, New York, New York 10017, Attention:
Dennis Schuh, fax number (212) 834-6593 with a copy to Bianca Russo, fax number
(212) 834-6593, (ii) in the case of the Seller, Nomura Credit & Capital, Inc., 2
World Financial Center, Building B, New York, New York 10281-1198, Attention: N.
Dante LaRocca, fax number: (646) 587-9804 and (iii) in the case of any of the
preceding parties, such other address or fax number as may hereafter be
furnished to the other party in writing by such party.

            SECTION 15. Amendment. This Agreement may be amended only by a
written instrument which specifically refers to this Agreement and is executed
by the Purchaser and the Seller; provided, however, unless such amendment is to
cure an ambiguity, mistake or inconsistency in this Agreement, no amendment
shall be permitted unless each Rating Agency has delivered a written
confirmation that such amendment will not result in a downgrade, withdrawal or
qualification of the then current ratings of the Certificates and the cost of
obtaining any Rating Agency confirmation shall be borne by the party requesting
such amendment. This Agreement shall not be deemed to be amended orally or by
virtue of any continuing custom or practice. No amendment to the Pooling and
Servicing Agreement which relates to defined terms contained therein or any
obligations of the Seller whatsoever shall be effective against the Seller
unless the Seller shall have agreed to such amendment in writing.

            SECTION 16. Counterparts. This Agreement may be executed in any
number of counterparts, and by the parties hereto in separate counterparts, each
of which when executed and delivered shall be deemed to be an original and all
of which taken together shall constitute one and the same instrument.

            SECTION 17. Exercise of Rights. No failure or delay on the part of
any party to exercise any right, power or privilege under this Agreement and no
course of dealing between the Seller and the Purchaser shall operate as a waiver
thereof, nor shall any single or partial exercise of any right, power or
privilege under this Agreement preclude any other or further exercise thereof or
the exercise of any other right, power or privilege. Except as set forth in
Section 6 herein, the rights and remedies herein expressly provided are
cumulative and not exclusive of any rights or remedies which any party would
otherwise have pursuant to law or equity. Except as set forth in Section 6
herein, no notice to or demand on any party in any case shall entitle such party
to any other or further notice or demand in similar or other circumstances, or
constitute a waiver of the right of either party to any other or further action
in any circumstances without notice or demand.

            SECTION 18. No Partnership. Nothing herein contained shall be deemed
or construed to create a partnership or joint venture between the parties
hereto. Nothing herein contained shall be deemed or construed as creating an
agency relationship between the Purchaser and the Seller and neither party shall
take any action which could reasonably lead a third party to assume that it has
the authority to bind the other party or make commitments on such party's
behalf.

            SECTION 19. Miscellaneous. This Agreement supersedes all prior
agreements and understandings relating to the subject matter hereof. Neither
this Agreement nor any term hereof may be changed, waived, discharged or
terminated orally, but only by an instrument in writing signed by the party
against whom enforcement of the change, waiver, discharge or termination is
sought.

                                   * * * * * *

<PAGE>

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

                                       J.P. MORGAN CHASE COMMERCIAL MORTGAGE
                                          SECURITIES CORP., as Purchaser

                                       By:____________________________________
                                          Name:
                                          Title:

                                       NOMURA CREDIT & CAPITAL, INC., as
                                          Seller

                                       By:____________________________________
                                          Name:
                                          Title:
<PAGE>

                                    EXHIBIT A

                             MORTGAGE LOAN SCHEDULE

JPMCC 2007-LDP11
Mortgage Loan Schedule (Combined)

<TABLE>
<CAPTION>

Loan #   Originator   Mortgagor Name
-----------------------------------------------------------------------------------------------------------------------------------
<S>      <C>          <C>
  11        NCCI      Hermann Street DE, LLC; Sutter Associates DE, LLC; Trophy Properties I DE, LLC; LRL Citi Properties I DE, LLC
  13        NCCI      Maguire Properties - Stadium Towers, LLC
  16        NCCI      HN Property Owner LLC
  20        NCCI      SLTS Grand Avenue II, L.P.
  24        NCCI      Florida Parks Associates
  28        NCCI      510 Borrower LLC
  32        NCCI      WBN, Ltd.
  42        NCCI      American Property Investors - OKC, LLC, DNT-OKC, LLC, YNT-OKC, LLC
  45        NCCI      Villas at D'Andrea, LLC
  47        NCCI      Windmill Ranch Associates LLP
  51        NCCI      Pop/2155 Kalakaua, LLC
  57        NCCI      HIHC, LLC
  65        NCCI      BGK1, LLLP
  68        NCCI      Westchase Marquis, L.P.
  72        NCCI      Samir Cumberland Center, LLC
  74        NCCI      Rising Development - BPS, LLC
  81        NCCI      Carrollton Edentree, L.P.
  83        NCCI      Squire Hill Richmond Associates, L.C.
  99        NCCI      53 Associates LLP
  102       NCCI      Kumho Tire Georgia Holding, LLC
  123       NCCI      Foothill Glen Apartments, LLC
  136       NCCI      Inland Chicago Grace, L.L.C.
  145       NCCI      Santa Luz Apartments, LLC
  162       NCCI      HFLP II/Marston LLC
  200       NCCI      Devan, Inc.
  205       NCCI      Sudha Investment, Inc. of Elizabeth City
  235       NCCI      Raven's Crossing Center, L.L.C.
  236       NCCI      Lawrence A. Stellato, as Trustee of The Glen Oaks Apartments Land Trust dated February 17, 2004
  247       NCCI      Rails End Co-op, Inc.

<CAPTION>

                                                                                    Zip
Loan #   Property Address                             City                 State    Code    County
-------------------------------------------------------------------------------------------------------------------------
<S>      <C>                                          <C>                  <C>     <C>      <C>
  11     Various                                      San Francisco         CA     Various  San Francisco
  13     2400 East Katella Avenue                     Anaheim               CA      92806   Orange
  16     1 Far Mill Crossing                          Shelton               CT      06484   Fairfield
  20     1601 East State Highway 114                  Southlake             TX      76092   Tarrant
  24     1094 US Highway 92 West                      Auburndale            FL      33823   Polk
  28     510 Sixth Avenue                             New York              NY      10011   New York
  32     12401 West Okeechobee Road                   Hialeah Gardens       FL      33018   Miami-Dade
  42     One North Broadway                           Oklahoma City         OK      73102   Oklahoma
  45     2200 North D'Andrea Parkway                  Sparks                NV      89434   Washoe
  47     427 Windmill Boulevard                       Davenport             FL      33897   Polk
  51     2155 Kalakaua Avenue                         Honolulu              HI      96815   Honolulu
  57     631 Camino Del Rio South                     San Diego             CA      92108   San Diego
  65     2426 Thoroughbred Drive                      Bowling Green         KY      42104   Warren
  68     2777 Woodland Park                           Houston               TX      77082   Harris
  72     500 Davis Street                             Evanston              IL      60201   Cook
  74     922-50 Bronx Park South                      Bronx                 NY      10460   Bronx
  81     1721 East Frankford Road                     Carrollton            TX      75007   Denton
  83     3900 Chippendale Drive                       Richmond              VA      23234   Chesterfield
  99     9400 US Highway 27 North                     Davenport             FL      33837   Polk
  102    1240 Highway 155 South                       McDonough             GA      30253   Henry
  123    13490-13520 Foothill Street                  Sylmar                CA      91342   Los Angeles
  136    2401 West Grace Street                       Chicago               IL      60618   Cook
  145    5650 South Park Avenue                       Tuscon                AZ      85706   Pima
  162    427 C Street                                 San Diego             CA      92101   San Diego
  200    11160 Dowlin Drive                           Sharonville           OH      45241   Hamilton
  205    306 South Hughes Boulevard                   Elizabeth City        NC      27909   Pasquotank
  235    2148-2168 Randall Road                       Carpentersville       IL      60110   Kane
  236    8118 Spring Hill Drive                       Spring Hill           FL      34606   Hernando
  247    7250 East State Highway 44                   Wildwood              FL      34785   Sumter

<CAPTION>

                                                                                                        Net
                                                                                        Interest     Mortgage        Original
Loan #    Property Name                                      Size        Measure        Rate (%)   Interest Rate      Balance
---------------------------------------------------------------------------------------------------------------------------------
<S>       <C>                                              <C>        <C>               <C>        <C>               <C>
  11      Lembi Portfolio                                     662         Units          6.08000       6.05966       90,000,000
  13      Stadium Towers                                    257248     Square Feet       5.47468       5.45434       83,200,000
  16      Healthnet Headquarters                            327327     Square Feet       6.50000       6.47966       74,800,000
  20      Southlake Grand Avenue                            310711     Square Feet       5.67300       5.65266       59,661,271
  24      Hamptons MHP                                        829          Pads          5.91000       5.88966       52,880,000
  28      510 Sixth Avenue                                   55641     Square Feet       5.67000       5.64966       46,000,000
  32      Courtly Manor                                       525          Pads          5.91000       5.88966       37,800,000
  42      Sheraton Oklahoma City                              395         Rooms          5.96000       5.93966       31,900,500
  45      Villas at D'Andrea Apartments                       256         Units          5.76000       5.73966       29,500,000
  47      Windmill MHP                                        509          Pads          5.91000       5.88966       28,620,000
  51      ANA Kalakaua Center                               151842     Square Feet       5.99000       5.96966       26,900,000
  57      Comfort Suites - San Diego, CA                      126         Rooms          5.86000       5.83966       21,845,000
  65      The College Suites at Campbell Lane Apartments      216         Units          5.97000       5.94966       20,000,000
  68      Farnham Park                                        216         Units          5.79000       5.76966       18,400,000
  72      500 Davis Center                                  119242     Square Feet       6.34500       6.32466       17,927,153
  74      Bronx Park South Apartments                         206         Units          5.65000       5.62966       16,400,000
  81      Edentree Apartment Village                          360         Units          5.75000       5.72966       15,000,000
  83      Squire Hill Apartments                              210         Units          5.62000       5.59966       14,990,000
  99      Palm Key MHP                                        204          Pads          5.91000       5.88966       11,270,000
  102     Kumho Tires                                       406874     Square Feet       5.94000       5.91966       10,600,000
  123     Foothill Glen Apartments                            81          Units          6.13000       6.10966        8,535,000
  136     AT&T Chicago                                       93086     Square Feet       5.83000       5.80966        7,787,805
  145     Santa Luz                                           176         Units          5.82000       5.78966        6,944,000
  162     Marston Building                                   38325     Square Feet       5.65000       5.58966        6,100,000
  200     Holiday Inn Express - Sharonville, OH               73          Rooms          5.95000       5.92966        4,750,000
  205     Holiday Inn Express - Elizabeth City, NC            79          Rooms          6.68000       6.58966        4,500,000
  235     Raven's Crossing Strip Center                      18144     Square Feet       5.38000       5.35966        2,700,000
  236     Glen Oaks Apartments                                64          Units          6.26000       6.23966        2,700,000
  247     Rails End                                           112          Pads          6.09000       6.06966        1,920,000

<CAPTION>
                                                                               Monthly
             Cutoff               Rem.     Maturity/     Amort.     Rem.        Debt        Servicing      Accrual       ARD
Loan #       Balance     Term     Term      ARD Date      Term     Amort.      Service       Fee Rate        Type       (Y/N)
--------------------------------------------------------------------------------------------------------------------------------
<S>       <C>            <C>      <C>      <C>           <C>       <C>        <C>            <C>         <C>            <C>
  11       90,000,000      60       59      06/11/12        0         0        462,333        0.02000     Actual/360     No
  13       83,200,000     120      118      05/11/17        0         0        384,850        0.02000     Actual/360     No
  16       74,800,000     120      117      04/11/17       300       300       505,055        0.02000       30/360       Yes
  20       59,661,271      60       60      07/11/12        0         0        282,049        0.02000       30/360       No
  24       52,880,000      60       59      06/11/12        0         0        264,051        0.02000     Actual/360     No
  28       46,000,000     120      117      04/11/17        0         0        220,369        0.02000     Actual/360     No
  32       37,800,000      60       59      06/11/12        0         0        188,751        0.02000     Actual/360     No
  42       31,900,500      60       58      05/11/12        0         0        160,640        0.02000     Actual/360     No
  45       29,500,000      60       58      05/11/12        0         0        143,567        0.02000     Actual/360     No
  47       28,620,000      60       59      06/11/12        0         0        142,911        0.02000     Actual/360     No
  51       26,900,000     120      116      03/11/17        0         0        136,141        0.02000     Actual/360     No
  57       21,845,000     120      117      04/11/17       360       360       129,012        0.02000     Actual/360     No
  65       20,000,000     120      116      03/11/17        0         0        100,882        0.02000     Actual/360     No
  68       18,400,000      84       82      05/11/14        0         0         90,013        0.02000     Actual/360     No
  72       17,927,153     120      119      06/11/17        0         0         96,106        0.02000     Actual/360     No
  74       16,400,000     120      117      04/06/17       360       360        94,667        0.02000     Actual/360     No
  81       15,000,000      60       58      05/11/12        0         0         72,873        0.02000     Actual/360     No
  83       14,990,000     120      117      04/11/17        0         0         71,178        0.02000     Actual/360     No
  99       11,270,000      60       59      06/11/12        0         0         56,276        0.02000     Actual/360     No
  102      10,580,357     120      118      05/11/17       360       358        63,144        0.02000     Actual/360     Yes
  123       8,535,000      60       59      06/11/12        0         0         44,205        0.02000     Actual/360     No
  136       7,787,805     120      118      05/11/17        0         0         37,836        0.02000       30/360       Yes
  145       6,944,000     120      118      05/11/17       360       360        40,833        0.03000     Actual/360     No
  162       6,100,000     120      118      05/11/17        0         0         29,120        0.06000     Actual/360     No
  200       4,739,658     120      119      06/01/17       240       239        33,894        0.02000     Actual/360     No
  205       4,500,000     120      120      07/01/17       300       300        30,892        0.09000     Actual/360     No
  235       2,700,000      84       64      11/11/12        0         0         12,105        0.02000       30/360       No
  236       2,696,257     120      119      06/11/17       300       299        17,828        0.02000     Actual/360     No
  247       1,920,000     120      118      05/11/17        0         0          9,879        0.02000     Actual/360     No

<CAPTION>

                                                               Crossed    Originator/
Loan #            ARD Step Up (%)                Title Type      Loan     Loan Seller
---------------------------------------------------------------------------------------
<S>       <C>                                   <C>            <C>        <C>
  11                                                Fee                      NCCI
  13                                                Fee                      NCCI
  16      Greater of (i) IR +2% or (ii) TR +2%      Fee                      NCCI
  20                                                Fee                      NCCI
  24                                                Fee                      NCCI
  28                                                Fee                      NCCI
  32                                                Fee                      NCCI
  42                                                Fee                      NCCI
  45                                                Fee                      NCCI
  47                                                Fee                      NCCI
  51                                             Leasehold                   NCCI
  57                                             Leasehold                   NCCI
  65                                                Fee                      NCCI
  68                                                Fee                      NCCI
  72                                                Fee                      NCCI
  74                                                Fee                      NCCI
  81                                                Fee                      NCCI
  83                                                Fee                      NCCI
  99                                                Fee                      NCCI
  102     Greater of (i) IR +2% or (ii) TR +2%      Fee                      NCCI
  123                                               Fee                      NCCI
  136          Interest rate plus 2%                Fee                      NCCI
  145                                               Fee                      NCCI
  162                                               Fee                      NCCI
  200                                               Fee                      NCCI
  205                                               Fee                      NCCI
  235                                               Fee                      NCCI
  236                                               Fee                      NCCI
  247                                               Fee                      NCCI

<CAPTION>

                                                                                             Letter of
  Loan #    Guarantor                                                                          Credit
---------------------------------------------------------------------------------------------------------
<S>         <C>                                                                              <C>
    11      Frank E. Lembi, Walter Lembi, The Olga Lembi Residual Trust                          No
    13      Maguire Properties, L.P.                                                             No
    16      David Pardue                                                                         No
    20      Inland Western Retail Real Estate Trust, Inc.                                        No
    24      Gerard Berger                                                                        No
    28      510 Borrower LLC                                                                     No
    32      Gerard Berger                                                                        No
    42      Michael S. Gallegos                                                                  No
    45      John E. Beal                                                                         No
    47      Gerard Berger                                                                        No
    51      James C. Reynolds                                                                    No
    57      HIHC, LLC                                                                            No
    65      Henry A. Morton, Hallett P. Marston                                                  No
    68      CWS Apartment Homes LLC                                                              No
    72      Mohammed Mirza                                                                       No
    74      Nicholas Sprayregen                                                                  No
    81      Mark Lester, David Rosenbaum                                                         No
    83      Marcus M. Weinstein                                                                  No
    99      Gerard Berger                                                                        No
    102     Kumho Tires USA Inc                                                                  No
    123     Max Sharkansky, Mitch Paskover                                                       No
    136     Inland Real Estate Exchange Corporation                                              No
    145     Steven C. Olafson                                                                    No
    162     Jeffrey F. Hermanson                                                                 No
    200     Dinesh G. Patel                                                                      No
    205     Dipak Deva, Nalinbhai Patel                                                          No
    235     Inland Real Estate Investment Corporation, Raven's Crossing Center, L.L.C.,          No
    236     Lawrence A. Stellato                                                                 No
    247     Rails End Co-op, Inc.                                                                No

<CAPTION>
                                                           UPFRONT ESCROW
               ------------------------------------------------------------------------------------------------------

                   Upfront       Upfront      Upfront       Upfront         Upfront        Upfront        Upfront
                    CapEx          Eng.        Envir.        TI/LC           RE Tax          Ins.          Other
Loan #             Reserve       Reserve      Reserve       Reserve         Reserve        Reserve        Reserve
---------------------------------------------------------------------------------------------------------------------
<S>           <C>              <C>            <C>         <C>              <C>           <C>           <C>
  11              500,000.00     26,688.00        0.00            0.00      206,527.33    145,071.50    4,400,000.00
  13                    0.00          0.00        0.00    3,890,000.00      240,157.50     50,037.20    1,750,000.00
  16                    0.00    165,000.00        0.00            0.00            0.00          0.00    6,600,000.00
  20                    0.00          0.00        0.00            0.00            0.00          0.00            0.00
  24                    0.00          0.00        0.00            0.00      231,687.13          0.00            0.00
  28                    0.00          0.00        0.00            0.00            0.00          0.00            0.00
  32                    0.00          0.00        0.00            0.00      166,224.17          0.00            0.00
  42            3,200,000.00     73,750.00        0.00      600,000.00       93,177.99    101,581.00            0.00
  45                    0.00          0.00        0.00            0.00      101,665.45     28,296.45            0.00
  47                    0.00          0.00        0.00            0.00       95,006.27          0.00            0.00
  51              500,000.00    131,250.00        0.00    1,204,569.89      111,564.98     98,238.74      347,617.80
  57                    0.00          0.00        0.00            0.00       50,000.00          0.00            0.00
  65                    0.00          0.00        0.00            0.00       55,872.68     48,386.32            0.00
  68                    0.00      4,375.00        0.00            0.00      216,442.58          0.00       18,125.00
  72              750,000.00          0.00        0.00       19,580.00      155,135.04      2,260.25      365,000.00
  74                    0.00          0.00        0.00            0.00      263,392.11          0.00            0.00
  81            1,414,875.00     10,000.00        0.00            0.00       68,875.00     49,774.67            0.00
  83                    0.00     12,500.00        0.00            0.00       38,377.10     13,801.37            0.00
  99                    0.00          0.00        0.00            0.00       71,288.17          0.00            0.00
  102                   0.00          0.00        0.00            0.00            0.00          0.00            0.00
  123             300,000.00      3,750.00        0.00            0.00       35,282.50      3,438.17      110,000.00
  136                   0.00          0.00        0.00            0.00            0.00          0.00            0.00
  145                   0.00          0.00        0.00            0.00       17,928.45      5,694.00       12,375.00
  162                   0.00          0.00        0.00       38,326.00       21,289.71          0.00            0.00
  200                   0.00          0.00        0.00            0.00        7,139.39      3,684.33       67,787.17
  205                   0.00     22,968.00        0.00            0.00       13,573.05     10,402.00            0.00
  235                   0.00      6,625.00        0.00      127,500.00            0.00          0.00      472,500.00
  236               1,525.00          0.00        0.00            0.00       19,616.20     13,461.97            0.00
  247                   0.00          0.00        0.00            0.00       10,621.33      3,416.35            0.00

<CAPTION>
                                                           MONTHLY ESCROW
                       ---------------------------------------------------------------------------------------

                            Monthly      Monthly        Monthly         Monthly       Monthly       Monthly
                             Capex        Envir.         TI/LC           RE Tax         Ins.         Other
Loan #                      Reserve      Reserve        Reserve         Reserve       Reserve       Reserve
-------------------------------------------------------------------------------------------------------------
<S>                       <C>            <C>            <C>            <C>            <C>         <C>
  11                            0.00         0.00             0.00      51631.83       20724.50         0.00
  13                            0.00         0.00             0.00      80052.50       20848.83         0.00
  16                            0.00         0.00         27277.25          0.00           0.00         0.00
  20                            0.00         0.00             0.00          0.00           0.00         0.00
  24                            0.00         0.00             0.00      28960.89           0.00         0.00
  28                            0.00         0.00             0.00          0.00           0.00         0.00
  32                            0.00         0.00             0.00      20778.02           0.00         0.00
  42                            0.00         0.00             0.00      23294.50        5933.83   2% of Gross
                                                                                                  Revenues
                                                                                                  (Year 1), 3%
                                                                                                  (Year 2), 4%
                                                                                                  (Year 3)
  45                         5866.67         0.00             0.00      20333.09        4716.08         0.00
  47                            0.00         0.00             0.00      11875.78           0.00         0.00
  51                         1903.28         0.00         12688.50      37188.33        8186.56         0.00
  57                        15469.33         0.00             0.00          0.00           0.00         0.00
  65                         5355.00         0.00             0.00      13968.17        6048.29         0.00
  68                         3600.00         0.00             0.00      36073.76           0.00         0.00
  72                         1987.33         0.00          9912.75      38783.76        2260.25         0.00
  74                         4291.67         0.00             0.00      44632.87           0.00         0.00
  81                            0.00         0.00             0.00      22958.33        6221.83         0.00
  83                         3500.00         0.00             0.00       7675.42        1254.67         0.00
  99                            0.00         0.00             0.00       8911.02           0.00         0.00
  102                        3390.58         0.00             0.00          0.00           0.00         0.00
  123                           0.00         0.00             0.00      11760.83        1719.08         0.00
  136                           0.00         0.00             0.00          0.00           0.00         0.00
  145                        3666.67         0.00             0.00       5976.15        1898.00         0.00
  162                        1022.00         0.00          3193.84       5322.43           0.00         0.00
  200                        6006.67         0.00             0.00       3569.69         921.08     15000.00
  205                        4700.00         0.00             0.00       1939.01        1733.67         0.00
  235                           0.00         0.00             0.00          0.00           0.00         0.00
  236                        1333.33         0.00             0.00       4904.05        4554.22         0.00
  247                           0.00         0.00             0.00       1517.33        1708.17         0.00

<CAPTION>
                                                                                                                    Remaining
                                                                          Interest                    Final       Amortization
          Grace     Lockbox                             Defeasance        Accrual         Loan      Maturity        Term for
Loan #    Period    In-place       Property Type         Permitted         Period         Group        Date       Balloon Loans
---------------------------------------------------------------------------------------------------------------------------------
<S>       <C>       <C>       <C>                       <C>             <C>               <C>       <C>           <C>
  11        0       Yes             Multifamily             Yes          Actual/360         2
  13        0       Yes               Office                 No          Actual/360         1
  16        0       Yes               Office                Yes            30/360           1        04/11/27          300
  20        0       No                Retail                 No            30/360           1
  24        0       No         Manufactured Housing         Yes          Actual/360         2
  28        0       Yes               Retail                Yes          Actual/360         1
  32        0       No         Manufactured Housing         Yes          Actual/360         2
  42        0       No                 Hotel                 No          Actual/360         1
  45        0       Yes             Multifamily             Yes          Actual/360         2
  47        0       No         Manufactured Housing         Yes          Actual/360         2
  51        0       Yes               Office                 No          Actual/360         1
  57        0       No                 Hotel                Yes          Actual/360         1                          360
  65        0       No              Multifamily             Yes          Actual/360         2
  68        0       No              Multifamily             Yes          Actual/360         2
  72        0       Yes               Office                Yes          Actual/360         1
  74        0       No              Multifamily             Yes          Actual/360         2                          360
  81        0       Yes             Multifamily              No          Actual/360         2
  83        0       No              Multifamily             Yes          Actual/360         2
  99        0       No         Manufactured Housing         Yes          Actual/360         2
  102       0       Yes             Industrial              Yes          Actual/360         1        05/11/37          360
  123       0       No              Multifamily              No          Actual/360         2
  136       0       No                Office                 No            30/360           1        05/11/37
  145       0       No              Multifamily             Yes          Actual/360         2                          360
  162       0       No               Mixed Use              Yes          Actual/360         1
  200       10      No                 Hotel                Yes          Actual/360         1                          240
  205       15      No                 Hotel                Yes          Actual/360         1                          300
  235       0       No                Retail                 No            30/360           1
  236       0       No              Multifamily             Yes          Actual/360         2                          300
  247       0       No         Manufactured Housing          No          Actual/360         2
</TABLE>

<PAGE>

                                    EXHIBIT B

                  MORTGAGE LOAN REPRESENTATIONS AND WARRANTIES

<PAGE>

                                    EXHIBIT C

                                JPMCC 2007-LDP11
                 Exceptions to Representations for Nomura Loans

Representation # (6)

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------
 Loan Number          Loan Name                               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>           <C>                          <C>
              Lembi Portfolio              The property also secures a $25,000,000 B note that is subject
                                           to a subordination and/or standstill agreement.
------------------------------------------------------------------------------------------------------------
              Stadium Towers               The property also secures a $16,800,000 B note that is subject
                                           to a subordination and/or standstill agreement.
------------------------------------------------------------------------------------------------------------
              Foothill Glen Apartments     The property also secures a $1,500,000 B note that is subject
                                           to a subordination and/or standstill agreement.
------------------------------------------------------------------------------------------------------------
              500 Davis Center             The property also secures a $3,000,000 B note that is subject
                                           to a subordination and/or standstill agreement.
------------------------------------------------------------------------------------------------------------
              Edentree Apartments          The property also secures a $1,000,000 B note that is subject
                                           to a subordination and/or standstill agreement.
------------------------------------------------------------------------------------------------------------
              Squire Hill Apartments       The property also secures a $1,600,000 B note that is subject
                                           to a subordination and/or standstill agreement.
------------------------------------------------------------------------------------------------------------
</TABLE>

Representation # (10(i))

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------
 Loan Number          Loan Name                               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>           <C>                          <C>
              Comfort Suites - San Diego,  Only the mortgagor is liable for the carveouts.
              CA; 510 Sixth Avenue; Rails
              End
------------------------------------------------------------------------------------------------------------
              AT&T Chicago; Raven's        Only the mortgagor is liable for a breach of the environmental
              Crossing Strip Center;       covenants. Liability does not go to actual waste but to acts
              Southlake Grand Avenue       related to the removal or disposal of any portion of the
                                           property after an event
                                           of default.
------------------------------------------------------------------------------------------------------------
              Sheraton Oklahoma City;      Liability for each tenant in common is limited to their
              AT&T Chicago; Farnham Park   contribution.
------------------------------------------------------------------------------------------------------------
              ANA Kalakaua Center          Borrower shall not be required to incur a cost for the annual
                                           premium for such terrorism coverage that exceeds $35,000.
------------------------------------------------------------------------------------------------------------
</TABLE>

Representation # (12)

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------
 Loan Number          Loan Name                               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>           <C>                          <C>
              Lembi Portfolio              Lender will allow for the individual release of the properties
                                           after the Lockout Period pursuant to the following conditions:
                                           (i) no event of default, (ii) paydown of the Loan proceeds at
                                           120% of the allocated loan amount attributable to the released
                                           collateral, (iii) payment of the associated Defeasance penalty,
                                           (iv) 1.10x DSCR based, and (v) the LTV on the remaining
                                           collateral must not exceed 95%.
------------------------------------------------------------------------------------------------------------
              Stadium Towers               The loan documents contain provisions for the release of the
                                           adjacent land parcel ("Adjacent Parcel") from the Loan
                                           collateral at no cost to Borrower and at anytime following
                                           closing provided, among other requirements as set for the in
                                           the Loan Agreement, the following conditions are met:
                                           * The Adjacent Parcel and the Property are separate tax lots
                                           with separate legal descriptions. Prior to the release,
                                           Borrower must provide individual surveys, legal descriptions
                                           and any such other information requested by and reasonably
                                           acceptable to Lender reflecting the legal separation of the
                                           Adjacent Parcel and Property;
                                           * Borrower shall provide such easements, maintenance
                                           agreements, access agreements or other agreements as reasonably
                                           required by Lender so the use, access, appeal, marketability or
                                           value of the subject collateral are not impeded or impaired;
                                           * Non-compete: Borrower shall not actively solicit any then
                                           current tenant or parent company of a then current tenant at
                                           the Property for tenancy at the Adjacent Parcel without
                                           Lender's prior written consent.
                                            * The Adjacent Parcel is transferred or ground leased (which
                                            ground lease will be superior to the lien of other related
                                            Mortgage) to an entity controlled directly or indirectly by
                                            the principal of the Borrower.
------------------------------------------------------------------------------------------------------------
</TABLE>

Representation # (16)

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------
 Loan Number          Loan Name                               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>           <C>                          <C>
              Sheraton Oklahoma City       An affiliate of the Mortgagor holds (or will hold) the liquor
                                           license for the property, and provides liquor concession
                                           services to the Mortgagor pursuant to a Lease Agreement which
                                           has been assigned to the lender and subordinated to the loan
                                           documents.
------------------------------------------------------------------------------------------------------------
              Rails End                    The property does not conform with zoning. Law and Ordinance
                                           insurance was not obtained. Beacuase the property is in Florida
                                           and the only permanent structure is a small Clubhouse, L&O
                                           coverage was not available. Per the zoning report, because the
                                           use was legal at the time of inception, and is now legal
                                           non-conforming due to the adoption of a comprehensive plan,
                                           "the existing use is statutorily vested and may continue and
                                           expand as provided in this section"
------------------------------------------------------------------------------------------------------------
</TABLE>

Representation # (19(i))

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------
 Loan Number          Loan Name                               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>           <C>                          <C>
              Raven's Crossing Strip       The engineering report is dated 03/22/2005.
              Center
------------------------------------------------------------------------------------------------------------
              AT&T Chicago                 An escrow for immediate repairs was not taken at closing.
------------------------------------------------------------------------------------------------------------
              Southlake Grand Avenue       The Robb & Stucky space is currently being completed.  Inland
                                           provided a related guaranty.
------------------------------------------------------------------------------------------------------------
</TABLE>

Representation # (20 (ii))

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------
 Loan Number          Loan Name                               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>           <C>                          <C>
              Comfort Suites - San Diego,  The ground lease will not be superior to any mortgage on the
              CA                           fee, though lessor and such mortgagee are required to deliver a
                                           non-disturbance agreement to Borrower and Lender.
------------------------------------------------------------------------------------------------------------
</TABLE>

Representation # (22)

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------
 Loan Number          Loan Name                               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>           <C>                          <C>

              All Nomura Loans             Nomura generally requires an AM Best rating of A:IX.
------------------------------------------------------------------------------------------------------------
              AT&T Chicago; Raven's        If any of the policies of insurance contain an exclusion from
              Crossing Strip Center;       coverage for acts of terrorism, Mortgagor shall not be required
              Southlake Grand Avenue       to obtain such coverage provided (I) an Inland entity executes
                                           a guaranty, in form and substance satisfactory to Lender,
                                           guaranteeing in the event of any act of terrorism, payment to
                                           Lender of any sums that would have been payable to Lender under
                                           such coverage (which shall be applied by Lender in accordance
                                           with 6.4 hereof), and (II) the Inland entity maintains a net
                                           worth of at least $300,000,000 (as determined by such entity's
                                           most recent audited financial statements), such entity
                                           maintains a direct or indirect ownership interest in Mortgagor,
                                           and the aggregate loan to value ratio (as determined by Lender)
                                           ("LTV") for all properties on which such entity has a direct or
                                           indirect ownership interest shall not exceed 60%, however, the
                                           Inland entity may exceed the 60% LTV for a period not to exceed
                                           six (6) months out of any twelve (12) month period either (1)
                                           during the time period when the Inland entity is offering
                                           securities to the public or 2) when in the business judgment of
                                           the Inland entity, exceeding an LTV of 60% is necessary given
                                           existing circumstances
------------------------------------------------------------------------------------------------------------
              AT&T Chicago; Healthnet      Tenant may self insure.
              Headquarters; Kumho Tires
------------------------------------------------------------------------------------------------------------
              ANA Kalakaua Center          Borrower shall not be required to incur a cost for the annual
                                           premium for such terrorism coverage that exceeds $35,000.
------------------------------------------------------------------------------------------------------------
</TABLE>

Representation # (24)

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------
 Loan Number          Loan Name                               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>           <C>                          <C>
              Lembi Portfolio              The sponsor of the related borrowers and affiliated entities
                                           are currently the subject of various lawsuits, including
                                           lawsuits by the City of San Francisco, which allege, among
                                           other things, that the sponsor and its principals have, in
                                           their capacity as landlords, consistently engaged in illegal
                                           practices with respect to multi-family dwellings they own.
                                           There can be no assurance that these lawsuits and the negative
                                           publicity generated by them and the actions of the sponsor and
                                           its affiliates will not have a negative effect on the
                                           operations of the sponsor and on the mortgaged property
                                           securing such Loan.
------------------------------------------------------------------------------------------------------------
</TABLE>

Representation # (30)

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------
 Loan Number          Loan Name                               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>           <C>                          <C>
              Lembi Portfolio              A Non Consolidation Opinion was not obtained.
------------------------------------------------------------------------------------------------------------
</TABLE>

Representation # (32)

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------
 Loan Number          Loan Name                               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>           <C>                          <C>
              Comfort Suites - San Diego,  Lender provided in the loan documents the ability for a direct
              CA                           or indirect equity member of Borrower to procure mezzanine debt
                                           after the expiration of the Lockout Period to be secured by the
                                           direct or indirect equity interests of the Borrower. The
                                           combined loan-to-value of the Loan and the mezzanine loan,
                                           based on a then current appraisal, shall not exceed 85%, and
                                           the DSCR based on the trailing 12-month cashflows shall be not
                                           less than 1.10 x DSCR (based on the actual loan constant on an
                                           amortized basis) at the loan closing. In connection with such
                                           mezzanine debt, the Lender and the mezzanine lender shall enter
                                           into an intercreditor agreement in a form consistent with
                                           industry standards at that time and to be consistent with
                                           Rating Agency guidelines, and Lender at its discretion may
                                           require a Rating Confirmation (unless the mezzanine lender is a
                                           Qualified Institutional Lender as defined in the loan
                                           agreement) at the time the mezzanine loan is placed and a new
                                           Non-consolidation Opinion of counsel.  Lender will have a right
                                           of first offer to provide the mezzanine loan, and if the
                                           mezzanine lender is not a Qualified Institutional Lender,
                                           Lender shall have the right to approve (i) the mezzanine
                                           lender, and (ii) the mezzanine terms.
------------------------------------------------------------------------------------------------------------
              AT&T Chicago                 Within 24 months of closing the Borrower is permitted to
                                           transfer interests to a tenant in common structure.
                                           Additionally, transfers are allowed to permitted Inland
                                           entities, affiliates and to Accredited Investors.
------------------------------------------------------------------------------------------------------------
              Raven's Crossing Strip       A prohibited transfer does not include a) any issuance, sale or
              Center; Southlake Grand      transfer of interests in Sole Member or any successor entity
              Avenue; AT&T Chicago         resulting from any merger permitted hereunder, b) a transfer by
                                           devise or descent or by operation of law upon the death of a
                                           member or partner of Mortgagor, or c) the merger of the Sole
                                           Member with any of the following entities: Inland Retail Real
                                           Estate Trust, Inc., a Maryland corporation, Inland Real Estate
                                           Investment Corporation, a Delaware corporation, Inland American
                                           Real Estate Trust, Inc., a Maryland Corporation, any other real
                                           estate investment trust sponsored by Inland Real Estate
                                           Investment Corporation, or any other entity composed entirely
                                           of any of the foregoing by merger. On or after the Closing
                                           Date, Mortgagor may transfer greater than 49% of the direct or
                                           indirect interests in the Mortgagor, provided that the transfer
                                           is to a Qualified Entity, as defined in the loan documents.
------------------------------------------------------------------------------------------------------------
              Raven's Crossing Strip       Upon the subject property achieving a stabilized 87.0% economic
              Center                       occupancy level, Borrower shall be allowed to obtain mezzanine
                                           financing secured by partnership interests up to 70% combined
                                           max LTV and minimum combined DSCR of 1.50x. The mezzanine
                                           financing shall be subject to Lender standstill and
                                           subordination agreement.
------------------------------------------------------------------------------------------------------------
              Bronx Park South Apartments  Borrower may incur subordinate financing evidenced by a second
                                           lien on the property or mezzanine debt in a form of pledge of
                                           the equity interest of the Borrower (it being understood that
                                           preferred equity shall be permitted and is not considered
                                           subordinate financing). The secondary financing evidenced by a
                                           second lien on the property shall be allowed up to value of 80%
                                           and a minimum aggregate debt service coverage ratio of 1.20x on
                                           a thirty (30) year amortization basis. The subordinate
                                           financing evidenced by a second lien on the property shall be
                                           subject to a Subordination and Standstill Agreement in a form
                                           acceptable to Lender and is non-negotiable. Any secondary
                                           financing shall take place any time from one year from loan
                                           closing to two years prior to loan maturity. Subject to the
                                           Lender being willing to provide secondary financing on
                                           substantially similar terms and conditions as other lenders,
                                           the Lender has first right of refusal to provide any secondary
                                           financing, however, the Lender shall be under no obligation to
                                           provide said financing. The interest rate on the future
                                           funding, if provided by the Lender shall be based on the
                                           applicable Swap Rate and market rate spreads at the time of
                                           funding. The amortization of the secured second mortgage shall
                                           be no less than the effective remaining amortization schedule
                                           on the first mortgage.
------------------------------------------------------------------------------------------------------------
              Farnham Park                 Mortgage permits the transfer of certain ownership interests in
                                           Borrower and affiliated entities to other affiliated entities
                                           without Lender's consent pursuant to the terms of the Mortgage.

                                           In connection with any Sale of the Property pursuant to the
                                           terms of the Deed of Trust, Lender agrees that it shall allow
                                           the members or partners, as applicable, of the Buyer ("Mezz
                                           Borrower"), to incur mezzanine debt from a mezzanine lender
                                           acceptable to Lender (the "Subordinate Debt"), subject to
                                           Borrower's strict compliance with the following requirements:
                                           (i) The Subordinate Debt shall only be undertaken pursuant to
                                           those loan documents approved by Lender (the "Subordinate Debt
                                           Loan Documents"), which Subordinate Loan Debt Documents shall
                                           not, except to the extent otherwise permitted by the
                                           Subordination and Standstill Agreement (described below), be
                                           amended or modified in any respect, absent obtaining the prior
                                           written consent of Lender; (ii) The Subordinate Debt shall not
                                           constitute an obligation of Borrower or be secured by a lien on
                                           the Property, but, rather, shall constitute an obligation of
                                           the Mezz Borrower and any guarantor thereof and be secured by a
                                           security interest in Mezz Borrower's membership or partnership,
                                           as applicable, interest in Borrower (the "Pledged Interest"),
                                           and such other collateral as set forth in the Subordinate Debt
                                           Loan Documents; (iii) Mezz Lender shall not be entitled to
                                           foreclose on the Pledged Interest except in a manner consistent
                                           with the Subordination and Standstill Agreement; (iv) The
                                           combined (i.e., the indebtedness secured by the Deed of Trust
                                           and such Subordinate Debt) loan-to-value ratio at the time of
                                           such mezzanine financing shall not exceed eighty percent (80%)
                                           based on an appraised value in an appraisal reasonably
                                           acceptable to Lender; (v) The combined minimum debt service
                                           coverage ratio at the time of such mezzanine financing shall be
                                           no less than 1.20:1.0; (vi) The holder of the Subordinate Debt
                                           must execute a Subordination and Standstill Agreement in a form
                                           acceptable to Lender in Lender's sole discretion, pursuant to
                                           which such holder agrees to take no action to enforce or
                                           collect such indebtedness until the indebtedness secured hereby
                                           (or any refinancing hereof) is paid in full; (vii) The
                                           Subordinate Debt Loan Documents must be reviewed and approved
                                           by Lender, in Lender's sole discretion, and shall provide,
                                           among other things, that such Subordinate Debt is only payable
                                           to the extent available net cash flow (after all operating
                                           expenses, required or appropriate reserves and debt service for
                                           the indebtedness secured hereby is paid) is available and that
                                           the holder of said Subordinate Debt shall not assign the
                                           Subordinate Debt at any time during the term of the Loan.
------------------------------------------------------------------------------------------------------------
              Kumho Tires                  The Borrower is permitted to incur future mezzanine
                                           indebtedness after the expiration of the lockout period to be
                                           secured by the equity interest of the Borrower so long as (a)
                                           the total LTV ratio does not exceed 70%, (b) the debt service
                                           coverage is not less than 1.25x, (c) the mezzanine lender shall
                                           enter into a form of inter-creditor agreement.
------------------------------------------------------------------------------------------------------------
              510 Sixth Avenue             Lender agrees not to withhold its consent to a one-time
                                           conveyance of the Property to a Permitted Transferee provided
                                           Borrower complies with the terms of Section 8.1 of the Loan
                                           Agreement. "Permitted Transferee" is defined to mean a
                                           corporation, partnership or limited liability company (i)
                                           acceptable to Lender in its sole discretion, (ii) that
                                           qualifies as a single purpose, bankruptcy remote entity under
                                           criteria established by the Rating Agencies, (iii) whose
                                           counsel has delivered to Lender a non-consolidation opinion
                                           acceptable to Lender and the Rating Agencies in their sole
                                           discretion, and (iv) is a reputable Person of good character,
                                           creditworthy and with sufficient financial worth considering
                                           the obligations assumed and undertaken, as evidenced by
                                           financial statements and other information reasonably requested
                                           by Lender.
------------------------------------------------------------------------------------------------------------
              Sheraton Oklahoma City       Subject to the satisfaction of the typical requirements for
                                           transfers, as more specifically set forth in the related loan
                                           documents (e.g. prospective buyer of a TIC interest to be a
                                           single purpose, bankruptcy remote entity), transfers of
                                           interest in Mortgagor are permitted to any entity that is party
                                           to or will be party to the related TIC Agreement.

                                           Lender provided in the loan documents the ability for the
                                           Borrower to procure mezzanine debt (the "Mezzanine Loan") after
                                           the expiration of the Lockout Period to be secured by the
                                           equity interests of the Borrower.  The combined loan-to-value
                                           of the existing loan and the Mezzanine Loan, based on a then
                                           current appraisal, shall not exceed 75%, and the DSCR at the
                                           time of the request for the Mezzanine Loan, based on the
                                           Underwritten Net Cashflow (as defined herein), using Borrower
                                           certified operating statements shall be not less 1.25 to 1 on a
                                           30 year amortization based on the senior mortgage actual debt
                                           service plus the proposed mezzanine debt service.  In
                                           connection with such Mezzanine Loan, the Lender and the
                                           mezzanine lender shall enter into an intercreditor agreement
                                           acceptable to Lender and consistent with Rating Agency
                                           guidelines, and Lender at its discretion may require a Rating
                                           Confirmation at the time the Mezzanine Loan is placed and a new
                                           nonconsolidation opinion of counsel.  Lender will have an
                                           absolute right of first offer to provide the Mezzanine Loan.
                                           Lender shall have the right to approve (i) the mezzanine
                                           lender, and (ii) the mezzanine terms.
------------------------------------------------------------------------------------------------------------
              Glen Oaks Apartments         Borrower shall be allowed, in connection with an approved sale
                                           of the property, to take back subordinate debt secured only by
                                           a pledge of partnership or membership interests in the new
                                           borrowing entity so long as the sale occurs two years after the
                                           closing date, Borrower has executed Lender's subordination and
                                           standstill agreement and the subordinate debt upon a sale is
                                           limited to a 1.15x DSCR and 75% Loan to Value on a combined
                                           basis with all outstanding debt.
------------------------------------------------------------------------------------------------------------
              Healthnet Headquarters       Mezzanine debt secured by equity interest in the Borrower
                                           exists in the amount of $16,644,306.

                                           The following transfers are permitted hereunder without the
                                           payment of any transfer or assumption fee without requiring the
                                           prior written consent of Lender: (a) up to but not in excess
                                           of, 49% in the aggregate, taking into account all such
                                           transfers, of the limited partnership, member interests and/or
                                           aggregate of the issue, taking into account all such transfers,
                                           of the limited partnership, member interests  and/or aggregate
                                           of the issued and outstanding capital stock, as the case may
                                           be, in Borrower or in any general partner or member of
                                           Borrower, or entity directly or indirectly owning such
                                           interests, shall be freely transferable without the consent of
                                           Lender

                                           In addition, the following transfers are permitted: transfer of
                                           up to, but not in excess of 49% of the interests in the limited
                                           liability company constituting Borrower provided (i) the
                                           balance of the ownership of the Borrowing entity, carried
                                           through to its ultimate principals, remains unchanged, or (ii)
                                           such transfer is to a Qualified Equity Holder satisfying  any
                                           applicable requirements of the Rating Agencies.

                                           In addition, the following transfer is permitted without the
                                           payment of any transfer or assumption fee and without requiring
                                           the prior written consent of Lender: the transfer by the
                                           Remainder Interest Owner of its interest as Remainder Interest
                                           Owner pursuant to that certain Trust Agreement made and entered
                                           into as of March 14, 2007, by and among HN Realty Holding LLC,
                                           HN Realty Remainderman LLC, Frank B. Bilotta and Wilmington
                                           Trust Company or a direct or indirect transfer of the interests
                                           in the Remainder Interest Owner provided that in any such case
                                           (i) such transfer is made prior to the Anticipated Repayment
                                           Date and (ii) notice of such transfer is given to Lender
                                           promptly following the transfer.
------------------------------------------------------------------------------------------------------------
              Lembi Portfolio              The property also secures a $25,000,000 B note that is subject
                                           to a subordination and/or standstill agreement.

                                           There is $17,430,000 in existing mezzanine debt
------------------------------------------------------------------------------------------------------------
              Stadium Towers               The property also secures a $16,800,000 B note that is subject
                                           to a subordination and/or standstill agreement.
------------------------------------------------------------------------------------------------------------
              Foothill Glen Apartments     The property also secures a $1,500,000 B note that is subject
                                           to a subordination and/or standstill agreement.
------------------------------------------------------------------------------------------------------------
              500 Davis Center             The property also secures a $3,000,000 B note that is subject
                                           to a subordination and/or standstill agreement.
------------------------------------------------------------------------------------------------------------
              Edentree Apartments          The property also secures a $1,000,000 B note that is subject
                                           to a subordination and/or standstill agreement.

                                           There is $3,040,000 in existing mezzanine debt.
------------------------------------------------------------------------------------------------------------
              Squire Hill Apartments       The property also secures a $1,600,000 B note that is subject
                                           to a subordination and/or standstill agreement.
------------------------------------------------------------------------------------------------------------
              Villas at D'Andrea           Future Unsecured Subordinate debt is permitted subject to (i)
              Apartments                   DSCR >= 1.20x, (ii) LTV <= 80% and other conditions as
                                           specified in the loan documents.
------------------------------------------------------------------------------------------------------------
</TABLE>

Representation # (34)

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------
 Loan Number
                       Loan Name                               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>           <C>                          <C>
              Rails End                    Up to 10% of the loan balance, in addition to scheduled
                                           amortization, may be pre-paid without penalty over the life of
                                           the loan from the proceeds of additional share sales. After 10%
                                           of the loan balance has been paid down additional share sale
                                           proceeds can be used to pre-pay the Loan with yield maintenance
                                           penalties, or for capital improvements or shareholder subsidies.
------------------------------------------------------------------------------------------------------------
</TABLE>

Representation # (35)

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------
 Loan Number          Loan Name                               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>           <C>                          <C>
              Lembi Portfolio              Lender will allow for the individual release of the properties
                                           after the Lockout Period pursuant to the following conditions:
                                           (i) no event of default, (ii) paydown of the Loan proceeds at
                                           120% of the allocated loan amount attributable to the released
                                           collateral, (iii) payment of the associated Defeasance penalty,
                                           (iv) 1.10x DSCR based, and (v) the LTV on the remaining
                                           collateral must not exceed 95%.
------------------------------------------------------------------------------------------------------------
              Stadium Towers               The loan documents contain provisions for the release of the
                                           adjacent land parcel ("Adjacent Parcel") from the Loan
                                           collateral at no cost to Borrower and at anytime following
                                           closing provided, among other requirements as set for the in
                                           the Loan Agreement, the following conditions are met:
                                           * The Adjacent Parcel and the Property are separate tax lots
                                           with separate legal descriptions. Prior to the release,
                                           Borrower must provide individual surveys, legal descriptions
                                           and any such other information requested by and reasonably
                                           acceptable to Lender reflecting the legal separation of the
                                           Adjacent Parcel and Property;
                                           * Borrower shall provide such easements, maintenance
                                           agreements, access agreements or other agreements as reasonably
                                           required by Lender so the use, access, appeal, marketability or
                                           value of the subject collateral are not impeded or impaired;
                                           * Non-compete: Borrower shall not actively solicit any then
                                           current tenant or parent company of a then current tenant at
                                           the Property for tenancy at the Adjacent Parcel without
                                           Lender's prior written consent.
                                           * The Adjacent Parcel is transferred or ground leased (which
                                           ground lease will be superior to the lien of other related
                                           Mortgage) to an entity controlled directly or indirectly by the
                                           principal of the Borrower.
------------------------------------------------------------------------------------------------------------
</TABLE>

Representation # (37)

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------
 Loan Number          Loan Name                               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>           <C>                          <C>
              Rails End                    The property does not conform with zoning. Law and Ordinance
                                           insurance was not obtained. Beacuase the property is in Florida
                                           and the only permanent structure is a small Clubhouse, L&O
                                           coverage was not available. Per the zoning report, because the
                                           use was legal at the time of inception, and is now legal
                                           non-conforming due to the adoption of a comprehensive plan,
                                           "the existing use is statutorily vested and may continue and
                                           expand as provided in this section"
------------------------------------------------------------------------------------------------------------
</TABLE>

Representation # (41)

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------
 Loan Number          Loan Name                               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>           <C>                          <C>

              Rails End                    The property has an on site water well and on site waste water
                                           treatment plant.
------------------------------------------------------------------------------------------------------------
</TABLE>

Representation # (42)

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------
 Loan Number          Loan Name                               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>           <C>                          <C>
              ANA Kalakaua Center          Borrower shall not be required to incur a cost for the annual
                                           premium for such terrorism coverage that exceeds $35,000.
------------------------------------------------------------------------------------------------------------
              AT&T Chicago; Raven's        If any of the policies of insurance contain an exclusion from
              Crossing Strip Center;       coverage for acts of terrorism, Mortgagor shall not be required
              Southlake Grand Avenue       to obtain such coverage provided (I) an Inland entity executes
                                           a guaranty, in form and substance satisfactory to Lender,
                                           guaranteeing in the event of any act of terrorism, payment to
                                           Lender of any sums that would have been payable to Lender under
                                           such coverage (which shall be applied by Lender in accordance
                                           with 6.4 hereof), and (II) the Inland entity maintains a net
                                           worth of at least $300,000,000 (as determined by such entity's
                                           most recent audited financial statements), such entity
                                           maintains a direct or indirect ownership interest in Mortgagor,
                                           and the aggregate loan to value ratio (as determined by Lender)
                                           ("LTV") for all properties on which such entity has a direct or
                                           indirect ownership interest shall not exceed 60%, however, the
                                           Inland entity may exceed the 60% LTV for a period not to exceed
                                           six (6) months out of any twelve (12) month period either (1)
                                           during the time period when the Inland entity is offering
                                           securities to the public or 2) when in the business judgment of
                                           the Inland entity, exceeding an LTV of 60% is necessary given
                                           existing circumstances
------------------------------------------------------------------------------------------------------------
</TABLE>

<PAGE>

                              Schedule II

<
<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------
 Loan Number          Loan Name                               Description of Exception
------------------------------------------------------------------------------------------------------------
<S>           <C>                          <C>
              Healthnet Headquarters       Environmental Insurance was obtained.
------------------------------------------------------------------------------------------------------------
</TABLE>

<PAGE>

                       Exhibit A - Ground Leases
<TABLE>
<CAPTION>
<S>                                        <C>

-----------------------------------------------------------------------------------------------------------
ANA Kalakaua Center                        Leasehold
-----------------------------------------------------------------------------------------------------------
Comfort Suites - San Diego, CA             Leasehold
-----------------------------------------------------------------------------------------------------------

</TABLE>

<PAGE>

                                    EXHIBIT D

                          FORM OF OFFICER'S CERTIFICATE

            I, [______], a duly appointed, qualified and acting [______] of
[___________], a [________] [______] (the "Company"), hereby certify on behalf
of the Company as follows:

            1.____I have examined the Mortgage Loan Purchase Agreement, dated as
of July 1, 2007 (the "Agreement"), between the Company and J.P. Morgan Chase
Commercial Mortgage Securities Corp., and all of the representations and
warranties of the Company under the Agreement are true and correct in all
material respects on and as of the date hereof (or, in the case of any
particular representation or warranty set forth on Exhibit B to the Agreement,
as of such other date provided for in such representation or warranty) with the
same force and effect as if made on and as of the date hereof, subject to the
exceptions set forth in the Agreement (including Exhibit C thereto).

            2. The Company has complied with all the covenants and satisfied all
the conditions on its part to be performed or satisfied under the Agreement on
or prior to the date hereof and no event has occurred which, with notice or the
passage of time or both, would constitute a default under the Agreement.

            3. I have examined the information regarding the Mortgage Loans in
the Prospectus, dated March 9, 2007, as supplemented by the Prospectus
Supplement, dated June 28, 2007 (collectively, the "Prospectus"), relating to
the offering of the Class A-1, Class A-2, Class A-2FL, Class A-3, Class A-4,
Class A-SB, Class A-1A, Class X, Class A-M, Class A-J, Class B, Class C, Class
D, Class E and Class F Certificates, the Private Placement Memorandum, dated
June 28, 2007 (the "Privately Offered Certificate Private Placement
Memorandum"), relating to the offering of the Class G, Class H, Class J, Class
K, Class L, Class M, Class N, Class P, Class Q, Class T and Class NR
Certificates, and the Residual Private Placement Memorandum, dated June 28, 2007
(together with the Privately Offered Certificate Private Placement Memorandum,
the "Private Placement Memoranda"), relating to the offering of the Class R and
Class LR Certificates, and nothing has come to my attention that would lead me
to believe that the Prospectus, as of the date of the Prospectus Supplement or
as of the date hereof, or the Private Placement Memoranda, as of the date of the
Private Placement Memoranda or as of the date hereof, included or includes any
untrue statement of a material fact relating to the Mortgage Loans or omitted or
omits to state therein a material fact necessary in order to make the statements
therein relating to the Mortgage Loans, in light of the circumstances under
which they were made, not misleading.

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

                  [SIGNATURE APPEARS ON THE FOLLOWING PAGE]

            IN WITNESS WHEREOF, I have signed my name this ___ day of July,
2007.

                                       By:____________________________________
                                          Name:
                                          Title:

<PAGE>

                                   SCHEDULE I

 MORTGAGE LOANS FOR WHICH A LENDER'S ENVIRONMENTAL POLICY WAS OBTAINED IN LIEU
                       OF AN ENVIRONMENTAL SITE ASSESSMENT

Reference is made to the Representations and Warranties set forth in Exhibit B
attached hereto corresponding to the Paragraph number set forth below.

None.

<PAGE>

                                   SCHEDULE II

                       MORTGAGED PROPERTY FOR WHICH OTHER
                      ENVIRONMENTAL INSURANCE IS MAINTAINED

Reference is made to the Representations and Warranties set forth in Exhibit B
attached hereto corresponding to the Paragraph numbers set forth below:

Healthnet Headquarters.EXHIBIT 10.4

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

             J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES CORP.,

                                    PURCHASER

                          EUROHYPO AG, NEW YORK BRANCH,

                                     SELLER

                        MORTGAGE LOAN PURCHASE AGREEMENT

                            Dated as of July 1, 2007

                            Fixed Rate Mortgage Loans

                                Series 2007-LDP11

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

<PAGE>

            This Mortgage Loan Purchase Agreement (this "Agreement"), dated as
of July 1, 2007, is between J.P. Morgan Chase Commercial Mortgage Securities
Corp., as purchaser (the "Purchaser"), and Eurohypo AG, New York Branch, as
seller (the "Seller").

            Capitalized terms used in this Agreement not defined herein shall
have the meanings ascribed to them in the Pooling and Servicing Agreement dated
as of July 1, 2007 (the "Pooling and Servicing Agreement") among the Purchaser,
as depositor (the "Depositor"), Wachovia Bank, National Association, as master
servicer (the "Master Servicer"), CWCapital Asset Management LLC, as special
servicer (the "Special Servicer"), and LaSalle Bank National Association, as
trustee (the "Trustee"), pursuant to which the Purchaser will sell the Mortgage
Loans (as defined herein) to a trust fund and certificates representing
ownership interests in the Mortgage Loans will be issued by the trust fund. For
purposes of this Agreement, the term "Mortgage Loans" refers to the mortgage
loans listed on Exhibit A and the term "Mortgaged Properties" refers to the
properties securing such Mortgage Loans.

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

            SECTION 1. Sale and Conveyance of Mortgages; Possession of Mortgage
File. Effective as of the Closing Date and upon receipt of the purchase price
set forth in the immediately succeeding paragraph, the Seller does hereby sell,
transfer, assign, set over and convey to the Purchaser, without recourse
(subject to certain agreements regarding servicing as provided in the Pooling
and Servicing Agreement, subservicing agreements permitted thereunder and that
certain Servicing Rights Purchase Agreement, dated as of the Closing Date
between the Master Servicer and the Seller) all of its right, title, and
interest in and to the Mortgage Loans including all interest and principal
received on or with respect to the Mortgage Loans after the Cut-off Date (other
than payments of principal and interest first due on the Mortgage Loans on or
before the Cut-off Date). Upon the sale of the Mortgage Loans, the ownership of
each related Mortgage Note, the Mortgage and the other contents of the related
Mortgage File will be vested in the Purchaser and immediately thereafter the
Trustee and the ownership of records and documents with respect to the related
Mortgage Loan prepared by or which come into the possession of the Seller (other
than the records and documents described in the proviso to Section 3(a) hereof)
shall immediately vest in the Purchaser and immediately thereafter the Trustee.
The Seller's records will accurately reflect the sale of each Mortgage Loan to
the Purchaser. The Depositor will sell the Class A-1, Class A-2, Class A-2FL,
Class A-3, Class A-4, Class A-SB, Class A-1A, Class X, Class A-M, Class A-J,
Class B, Class C, Class D, Class E and Class F Certificates (the "Offered
Certificates") to the underwriters (the "Underwriters") specified in the
underwriting agreement dated June 28, 2007 (the "Underwriting Agreement")
between the Depositor and J.P. Morgan Securities Inc. ("JPMSI") for itself and
as representative of the several underwriters identified therein, and the
Depositor will sell the Class G, Class H, Class J, Class K, Class L, Class M,
Class N, Class P, Class Q, Class T and Class NR Certificates (the "Private
Certificates") to JPMSI and UBS Securities LLC, the initial purchasers (together
with the Underwriters, the "Dealers") specified in the certificate purchase
agreement dated June 28 2007 (the "Certificate Purchase Agreement"), between the
Depositor and JPMSI for itself and as representative of the initial purchasers
identified therein.

            The sale and conveyance of the Mortgage Loans is being conducted on
an arms length basis and upon commercially reasonable terms. As the purchase
price for the Mortgage Loans, the Purchaser shall pay to the Seller or at the
Seller's direction in immediately available funds the sum of $592,237,188.16
(which amount is inclusive of accrued interest and exclusive of the Seller's pro
rata share of the costs set forth in Section 9 hereof). The purchase and sale of
the Mortgage Loans shall take place on the Closing Date.

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

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

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

            SECTION 3. Delivery of Mortgage Loan Documents; Additional Costs and
Expenses. (a) The Purchaser hereby directs the Seller, and the Seller hereby
agrees, upon the transfer of the Mortgage Loans contemplated herein, to deliver
on the Closing Date to the Trustee or a Custodian appointed thereby, all
documents, instruments and agreements required to be delivered by the Purchaser
to the Trustee with respect to the Mortgage Loans under Sections 2.01(b) and
2.01(c) of the Pooling and Servicing Agreement, and meeting all the requirements
of such Sections 2.01(b) and 2.01(c), and such other documents, instruments and
agreements as the Purchaser or the Trustee shall reasonably request. In
addition, the Seller agrees to deliver or cause to be delivered to the Master
Servicer, the Servicing File for each Mortgage Loan transferred pursuant to this
Agreement; provided that the Seller shall not be required to deliver any draft
documents, or any attorney client communications which are privileged
communications or constitute legal or other due diligence analyses, or internal
communications of the Seller or its affiliates, or credit underwriting or other
analyses or data.

            (b) With respect to the transfer described in Section 1 hereof, if
the Mortgage Loan documents do not require the related Mortgagor to pay any
costs and expenses relating to any modifications to a related letter of credit
which modifications are required to effectuate such transfer (the "Transfer
Modification Costs"), then the Seller shall pay the Transfer Modification Costs
required to transfer the letter of credit to the Trustee as described in such
Section 1; provided that if the Mortgage Loan documents require the related
Mortgagor to pay any Transfer Modification Costs, such Transfer Modification
Costs shall be an expense of the Mortgagor unless such Mortgagor fails to pay
such Transfer Modification Costs after the Master Servicer has exercised all
remedies available under the Mortgage Loan documents to collect such Transfer
Modification Costs from such Mortgagor, in which case the Master Servicer shall
give the Seller notice of such failure and the amount of such Transfer
Modification costs and the Seller shall pay such Transfer Modification Costs.

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

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

            (a) it shall record or cause a third party to record in the
appropriate public recording office for real property the intermediate
assignments of the Mortgage Loans and the Assignments of Mortgage from the
Seller to the Trustee in connection with the Pooling and Servicing Agreement.
All recording fees relating to the initial recordation of such intermediate
assignments and Assignments of Mortgage shall be paid by the Seller;

            (b) it shall take any action reasonably required by the Purchaser,
the Trustee or the Master Servicer, in order to assist and facilitate in the
transfer of the servicing of the Mortgage Loans to the Master Servicer,
including effectuating the transfer of any letters of credit with respect to any
Mortgage Loan to the Trustee (in care of the Master Servicer) for the benefit of
Certificateholders. Prior to the date that a letter of credit, if any, with
respect to any Mortgage Loan is transferred to the Trustee (in care of the
Master Servicer), the Seller will cooperate with the reasonable requests of the
Master Servicer or Special Servicer, as applicable, in connection with
effectuating a draw under such letter of credit as required under the terms of
the related Mortgage Loan documents;

            (c) if, during such period of time after the first date of the
public offering of the Offered Certificates as in the opinion of counsel for the
Underwriters, a prospectus relating to the Offered Certificates is required by
applicable law to be delivered in connection with sales thereof by an
Underwriter or a Dealer, any event shall occur as a result of which it is
necessary to amend or supplement the Prospectus Supplement, including Annexes
A-1, A-2, A-3 and B thereto and the Diskette included therewith, with respect to
any information relating to the Mortgage Loans or the Seller, in order to make
the statements therein, in the light of the circumstances when the Prospectus
Supplement is delivered to a purchaser, not misleading, or if it is necessary to
amend or supplement the Prospectus Supplement, including Annexes A-1, A-2, A-3
and B thereto and the Diskette included therewith, with respect to any
information relating to the Mortgage Loans or the Seller, to comply with
applicable law, the Seller shall do all things necessary to assist the Depositor
to prepare and furnish, at the expense of the Seller (to the extent that such
amendment or supplement relates to the Seller, the Mortgage Loans listed on
Exhibit A and/or any information relating to the same, as provided by the
Seller), to the Underwriters such amendments or supplements to the Prospectus
Supplement as may be necessary, so that the statements in the Prospectus
Supplement as so amended or supplemented, including Annexes A-1, A-2, A-3 and B
thereto and the Diskette included therewith, with respect to any information
relating to the Mortgage Loans or the Seller, will not, in the light of the
circumstances when the Prospectus is so amended or supplemented, be misleading
or so that the Prospectus Supplement, including Annexes A-1, A-2, A-3 and B
thereto and the Diskette included therewith, with respect to any information
relating to the Mortgage Loans or the Seller, will comply with applicable law.
All terms used in this clause (c) and not otherwise defined herein shall have
the meaning set forth in the Indemnification Agreement, dated as of June 28,
2007 between the Purchaser and the Seller (the "Indemnification Agreement"); and

            (d) for so long as the Trust is subject to the reporting
requirements of the Exchange Act, the Seller shall provide the Purchaser (or
with respect to any Companion Loan related to a Serviced Whole Loan or any
Serviced Securitized Companion Loan that is deposited into an Other
Securitization or a Regulation AB Companion Loan Securitization, the depositor
in such Other Securitization or Regulation AB Companion Loan Securitization) and
the Trustee with any Additional Form 10-D Disclosure and any Additional Form
10-K Disclosure set forth next to the Purchaser's name on Schedule X and
Schedule Y of the Pooling and Servicing Agreement within the time periods set
forth in the Pooling and Servicing Agreement.

            SECTION 6. Representations and Warranties.

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

            (i) it is duly licensed and authorized to transact business in the
      State of New York as a branch of a foreign bank under Article V of the
      Banking Law of the United States;

            (ii) it has the power and authority to own its property and to carry
      on its business as now conducted;

            (iii) it has the power to execute, deliver and perform this
      Agreement;

            (iv) it is legally authorized to transact business in the State of
      New York. The Seller is in compliance with the laws of each state in which
      any Mortgaged Property is located to the extent necessary so that a
      subsequent holder of the related Mortgage Loan (including, without
      limitation, the Purchaser) that is in compliance with the laws of such
      state would not be prohibited from enforcing such Mortgage Loan solely by
      reason of any non-compliance by the Seller;

            (v) the execution, delivery and performance of this Agreement by the
      Seller have been duly authorized by all requisite action by the Seller's
      board of directors and will not violate or breach any provision of its
      organizational documents;

            (vi) this Agreement has been duly executed and delivered by the
      Seller and constitutes a legal, valid and binding obligation of the
      Seller, enforceable against it in accordance with its terms (except as
      enforcement thereof may be limited by bankruptcy, receivership,
      conservatorship, reorganization, insolvency, moratorium or other laws
      affecting the enforcement of creditors' rights generally and by general
      equitable principles regardless of whether enforcement is considered in a
      proceeding in equity or at law);

            (vii) there are no legal or governmental proceedings pending to
      which the Seller is a party or of which any property of the Seller is the
      subject which, if determined adversely to the Seller, would reasonably be
      expected to adversely affect (A) the transfer of the Mortgage Loans and
      the Mortgage Loan documents as contemplated herein, (B) the execution and
      delivery by the Seller or enforceability against the Seller of the
      Mortgage Loans or this Agreement, or (C) the performance of the Seller's
      obligations hereunder;

            (viii) it has no actual knowledge that any statement, report,
      officer's certificate or other document prepared and furnished or to be
      furnished by the Seller in connection with the transactions contemplated
      hereby (including, without limitation, any financial cash flow models and
      underwriting file abstracts furnished by the Seller) contains any untrue
      statement of a material fact or omits to state a material fact necessary
      in order to make the statements contained therein, in the light of the
      circumstances under which they were made, not misleading;

            (ix) it is not, nor with the giving of notice or lapse of time or
      both would be, in violation of or in default under any indenture,
      mortgage, deed of trust, loan agreement or other agreement or instrument
      to which it is a party or by which it or any of its properties is bound,
      except for violations and defaults which individually and in the aggregate
      would not have a material adverse effect on the transactions contemplated
      herein; the sale of the Mortgage Loans and the performance by the Seller
      of all of its obligations under this Agreement and the consummation by the
      Seller of the transactions herein contemplated do not conflict with or
      result in a breach of any of the terms or provisions of, or constitute a
      default under, any material indenture, mortgage, deed of trust, loan
      agreement or other agreement or instrument to which the Seller is a party
      or by which the Seller is bound or to which any of the property or assets
      of the Seller is subject, nor will any such action result in any violation
      of the provisions of any applicable law or statute or any order, rule or
      regulation of any court or governmental agency or body having jurisdiction
      over the Seller, or any of its properties, except for conflicts, breaches,
      defaults and violations which individually and in the aggregate would not
      have a material adverse effect on the transactions contemplated herein;
      and no consent, approval, authorization, order, license, registration or
      qualification of or with any such court or governmental agency or body is
      required for the consummation by the Seller of the transactions
      contemplated by this Agreement, other than any consent, approval,
      authorization, order, license, registration or qualification that has been
      obtained or made;

            (x) it has either (A) not dealt with any Person (other than the
      Purchaser or the Dealers or their respective affiliates or any servicer of
      a Mortgage Loan) that may be entitled to any commission or compensation in
      connection with the sale or purchase of the Mortgage Loans or entering
      into this Agreement or (B) paid in full any such commission or
      compensation (except with respect to any servicer of a Mortgage Loan, any
      commission or compensation that may be due and payable to such servicer if
      such servicer is terminated and does not continue to act as a servicer);
      and

            (xi) it is solvent and the sale of the Mortgage Loans hereunder will
      not cause it to become insolvent; and the sale of the Mortgage Loans is
      not undertaken with the intent to hinder, delay or defraud any of the
      Seller's creditors.

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

            (i) it is a corporation duly organized, validly existing, and in
      good standing in the State of Delaware;

            (ii) it is duly qualified as a foreign corporation in good standing
      in all jurisdictions in which ownership or lease of its property or the
      conduct of its business requires such qualification, except where the
      failure to be so qualified would not have a material adverse effect on the
      Purchaser, and the Purchaser is conducting its business so as to comply in
      all material respects with the applicable statutes, ordinances, rules and
      regulations of each jurisdiction in which it is conducting business;

            (iii) it has the power and authority to own its property and to
      carry on its business as now conducted;

            (iv) it has the power to execute, deliver and perform this
      Agreement, and neither the execution and delivery by the Purchaser of this
      Agreement, nor the consummation by the Purchaser of the transactions
      herein contemplated, nor the compliance by the Purchaser with the
      provisions hereof, will (A) conflict with or result in a breach of, or
      constitute a default under, any of the provisions of the certificate of
      incorporation or by-laws of the Purchaser or any of the provisions of any
      law, governmental rule, regulation, judgment, decree or order binding on
      the Purchaser or any of its properties, or any indenture, mortgage,
      contract or other instrument or agreement to which the Purchaser is a
      party or by which it is bound, or (B) result in the creation or imposition
      of any lien, charge or encumbrance upon any of the Purchaser's property
      pursuant to the terms of any such indenture, mortgage, contract or other
      instrument or agreement;

            (v) this Agreement constitutes a legal, valid and binding obligation
      of the Purchaser enforceable against it in accordance with its terms
      (except as enforcement thereof may be limited by (a) bankruptcy,
      receivership, conservatorship, reorganization, insolvency, moratorium or
      other laws affecting the enforcement of creditors' rights generally and
      (b) general equitable principles (regardless of whether enforcement is
      considered in a proceeding in equity or law));

            (vi) there are no legal or governmental proceedings pending to which
      the Purchaser is a party or of which any property of the Purchaser is the
      subject which, if determined adversely to the Purchaser, might interfere
      with or adversely affect the consummation of the transactions contemplated
      herein and in the Pooling and Servicing Agreement; to the best of the
      Purchaser's knowledge, no such proceedings are threatened or contemplated
      by any governmental authorities or threatened by others;

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

            (viii) it has not dealt with any broker, investment banker, agent or
      other person, other than the Seller, the Dealers and their respective
      affiliates, that may be entitled to any commission or compensation in
      connection with the purchase and sale of the Mortgage Loans or the
      consummation of any of the transactions contemplated hereby;

            (ix) 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 the Purchaser
      have been obtained or made; and

            (x) it has not intentionally violated any provisions of the United
      States Banking Secrecy Act, the United States Money Laundering Control Act
      of 1986 or the United States International Money Laundering Abatement and
      Anti-Terrorism Financing Act of 2001.

            (c) The Seller further makes the representations and warranties as
to the Mortgage Loans set forth in Exhibit B as of the Closing Date (or as of
such other date if specifically provided in the particular representation or
warranty), which representations and warranties are subject to the exceptions
thereto set forth in Exhibit C. Neither the delivery by the Seller of the
Mortgage Files, Servicing Files, or any other documents required to be delivered
under Section 2.01 of the Pooling and Servicing Agreement, nor the review
thereof or any other due diligence by the Trustee, any Master Servicer, the
Special Servicer, a Certificate Owner or any other Person shall relieve the
Seller of any liability or obligation with respect to any representation or
warranty or otherwise under this Agreement or constitute notice to any Person of
a Breach or Defect.

            (d) Pursuant to this Agreement or Section 2.03(b) of the Pooling and
Servicing Agreement, the Seller and the Purchaser shall be given notice of any
Breach or Defect that materially and adversely affects the value of any Mortgage
Loan, the value of the related Mortgaged Property or the interests of the
Trustee or any Certificateholder therein.

            (e) Upon notice pursuant to Section 6(d) above, the Seller shall,
not later than 90 days from the earlier of the Seller's receipt of the notice
or, in the case of a Defect or Breach relating to a Mortgage Loan not being a
"qualified mortgage" within the meaning of Section 860G(a)(3) of the Code, but
without regard to the rule of Treasury Regulation Section 1.860G-2(f)(2) that
causes a defective mortgage loan to be treated as a qualified mortgage, the
Seller's discovery of such Breach or Defect (the "Initial Resolution Period"),
(i) cure such Defect or Breach, as the case may be, in all material respects,
(ii) repurchase the affected Mortgage Loan at the applicable Repurchase Price
(as defined below) or (iii) substitute a Qualified Substitute Mortgage Loan (as
defined below) for such affected Mortgage Loan (provided that in no event shall
any such substitution occur later than the second anniversary of the Closing
Date) and pay the Master Servicer for deposit into the Certificate Account, any
Substitution Shortfall Amount (as defined below) in connection therewith;
provided, however, except with respect to a Defect resulting solely from the
failure by the Seller to deliver to the Trustee or Custodian the actual policy
of lender's title insurance required pursuant to clause (ix) of the definition
of Mortgage File by a date not later than 18 months following the Closing Date,
if such Breach or Defect is capable of being cured but is not cured within the
Initial Resolution Period, and the Seller has commenced and is diligently
proceeding with the cure of such Breach or Defect within the Initial Resolution
Period, the Seller shall have an additional 90 days commencing immediately upon
the expiration of the Initial Resolution Period (the "Extended Resolution
Period") to complete such cure (or, failing such cure, to repurchase the related
Mortgage Loan or substitute a Qualified Substitute Mortgage Loan as described
above); and provided, further, with respect to the Extended Resolution Period
the Seller shall have delivered an officer's certificate to the Rating Agencies,
the Master Servicer, the Special Servicer, the Trustee and the Directing
Certificateholder setting forth the reason such Breach or Defect is not capable
of being cured within the Initial Resolution Period and what actions the Seller
is pursuing in connection with the cure thereof and stating that the Seller
anticipates that such Breach or Defect will be cured within the Extended
Resolution Period. Notwithstanding the foregoing, any Defect or Breach which
causes any Mortgage Loan not to be a "qualified mortgage" (within the meaning of
Section 860G(a)(3) of the Code, without regard to the rule of Treasury
Regulations Section 1.860G-2(f)(2) which causes a defective mortgage loan to be
treated as a qualified mortgage) shall be deemed to materially and adversely
affect the interests of the holders of the Certificates therein, and such
Mortgage Loan shall be repurchased or a Qualified Substitute Mortgage Loan
substituted in lieu thereof without regard to the extended cure period described
in the preceding sentence. If the affected Mortgage Loan is to be repurchased,
the Seller shall remit the Repurchase Price (defined below) in immediately
available funds to the Trustee.

            If any Breach pertains to a representation or warranty that the
related Mortgage Loan documents or any particular Mortgage Loan document
requires the related Mortgagor to bear the costs and expenses associated with
any particular action or matter under such Mortgage Loan document(s), then
Seller shall cure such Breach within the applicable cure period (as the same may
be extended) by reimbursing the Trust Fund (by wire transfer of immediately
available funds) the reasonable amount of any such costs and expenses incurred
by the Master Servicer, the Special Servicer, the Trustee or the Trust Fund that
are the basis of such Breach and have not been reimbursed by the related
Mortgagor; provided, however, in the event any such costs and expenses exceed
$10,000, the Seller shall have the option to either repurchase or substitute for
the related Mortgage Loan as provided above or pay such costs and expenses.
Except as provided in the proviso to the immediately preceding sentence, the
Seller shall remit the amount of such costs and expenses and upon its making
such remittance, the Seller shall be deemed to have cured such Breach in all
respects. To the extent any fees or expenses that are the subject of a cure by
the Seller are subsequently obtained from the related Mortgagor, the portion of
the cure payment equal to such fees or expenses obtained from the Mortgagor
shall be returned to the Seller pursuant to Section 2.03(f) of the Pooling and
Servicing Agreement. Notwithstanding the foregoing, the sole remedy with respect
to any breach of the representation set forth in the second to last sentence of
clause (32) of Exhibit B hereto shall be payment by the Seller of such costs and
expenses without respect to the materiality of such breach.

            Any of the following will cause a document in the Mortgage File to
be deemed to have a Defect and to be conclusively presumed to materially and
adversely affect the interests of Certificateholders in a Mortgage Loan and to
be deemed to materially and adversely affect the interests of the
Certificateholders in and the value of a Mortgage Loan: (a) the absence from the
Mortgage File of the original signed Mortgage Note, unless the Mortgage File
contains a signed lost note affidavit and indemnity with a copy of the Mortgage
Note that appears to be regular on its face; (b) the absence from the Mortgage
File of the original signed Mortgage that appears to be regular on its face,
unless there is included in the Mortgage File a certified copy of the Mortgage
and a certificate stating that the original signed Mortgage was sent for
recordation; (c) the absence from the Mortgage File of the lender's title
insurance policy (or if the policy has not yet been issued, an original or copy
of a "marked up" written commitment or the pro-forma or specimen title insurance
policy or a commitment to issue the same pursuant to written escrow instructions
signed by the title insurance company) called for by clause (ix) of the
definition of "Mortgage File" in the Pooling and Servicing Agreement; (d) the
absence from the Mortgage File of any required letter of credit; (e) with
respect to any leasehold mortgage loan, the absence from the related Mortgage
File of a copy (or an original, if available) of the related Ground Lease; or
(f) the absence from the Mortgage File of any intervening assignments required
to create a complete chain of assignments to the Trustee on behalf of the Trust,
unless there is included in the Mortgage File a certified copy of the
intervening assignment and a certificate stating that the original intervening
assignments were sent for recordation; provided, however, no Defect (except the
Defects previously described in clauses (a) through (f)) shall be considered to
materially and adversely affect the value of any Mortgage Loan, the value of the
related Mortgaged Property, the interests of the Trustee therein or the
interests of any Certificateholder therein unless the document with respect to
which the Defect exists is required in connection with an imminent enforcement
of the Mortgagee's rights or remedies under the related Mortgage Loan, defending
any claim asserted by any borrower or third party with respect to the Mortgage
Loan, establishing the validity or priority of any lien on any collateral
securing the Mortgage Loan or for any immediate significant servicing
obligation. Notwithstanding the foregoing, the delivery of executed escrow
instructions or a commitment to issue a lender's title insurance policy, as
provided in clause (ix) of the definition of "Mortgage File" in the Pooling and
Servicing Agreement, in lieu of the delivery of the actual policy of lender's
title insurance, shall not be considered a Defect or Breach with respect to any
Mortgage File if such actual policy is delivered to the Trustee or its Custodian
within 18 months after the Closing Date.

            If (i) any Mortgage Loan is required to be repurchased or
substituted for in the manner described in the first paragraph of this Section
6(e), (ii) such Mortgage Loan is a Crossed Loan, and (iii) the applicable Defect
or Breach does not constitute a Defect or Breach, as the case may be, as to any
other Crossed Loan in such Crossed Group (without regard to this paragraph),
then the applicable Defect or Breach, as the case may be, will be deemed to
constitute a Defect or Breach, as the case may be, as to each other Crossed Loan
in the Crossed Group for purposes of this paragraph, and the Seller will be
required to repurchase or substitute for all of the remaining Crossed Loans in
the related Crossed Group as provided in the first paragraph of this Section
6(e) unless such other Crossed Loans in such Crossed Group satisfy the Crossed
Loan Repurchase Criteria, and the Mortgage Loan affected by the applicable
Defect or Breach and the Qualified Substitute Mortgage Loan, if any, satisfy all
other criteria for repurchase or substitution, as applicable, of Mortgage Loans
set forth herein. In the event that the remaining Crossed Loans satisfy the
aforementioned criteria, the Seller may elect either to repurchase or substitute
for only the affected Crossed Loan as to which the related Breach or Defect
exists or to repurchase or substitute for all of the Crossed Loans in the
related Crossed Group. The Seller shall be responsible for the cost of any
Appraisal required to be obtained by the Master Servicer to determine if the
Crossed Loan Repurchase Criteria have been satisfied, so long as the scope and
cost of such Appraisal has been approved by the Seller (such approval not to be
unreasonably withheld).

            To the extent that the Seller is required to repurchase or
substitute for a Crossed Loan hereunder in the manner prescribed above while the
Trustee continues to hold any other Crossed Loans in such Crossed Group, neither
the Seller nor the Trustee shall enforce any remedies against the other's
Primary Collateral, but each is permitted to exercise remedies against the
Primary Collateral securing its respective Crossed Loans, including with respect
to the Trustee, the Primary Collateral securing Crossed Loans still held by the
Trustee.

            If the exercise of remedies by one party would materially impair the
ability of the other party to exercise its remedies with respect to the Primary
Collateral securing the Crossed Loans held by such party, then the Seller and
the Trustee shall forbear from exercising such remedies until the Mortgage Loan
documents evidencing and securing the relevant Crossed Loans can be modified in
a manner that removes the threat of material impairment as a result of the
exercise of remedies or some other accommodation can be reached. Any reserve or
other cash collateral or letters of credit securing the Crossed Loans shall be
allocated between such Crossed Loans in accordance with the Mortgage Loan
documents, or otherwise on a pro rata basis based upon their outstanding Stated
Principal Balances. Notwithstanding the foregoing, if a Crossed Loan that
remains in the Trust Fund is modified to terminate the related cross
collateralization and/or cross default provisions, as a condition to such
modification, the Seller shall furnish to the Trustee an Opinion of Counsel that
any modification shall not cause an Adverse REMIC Event. Any expenses incurred
by the Purchaser in connection with such modification or accommodation
(including but not limited to recoverable attorney fees) shall be paid by the
Seller.

            The "Repurchase Price" with respect to any Mortgage Loan or REO Loan
to be repurchased pursuant to this Agreement and Section 2.03 of the Pooling and
Servicing Agreement, shall have the meaning given to the term "Purchase Price"
in the Pooling and Servicing Agreement.

            A "Qualified Substitute Mortgage Loan" with respect to any Mortgage
Loan or REO Loan to be substituted pursuant to this Agreement and Section 2.03
of the Pooling and Servicing Agreement, shall have the meaning given to such
term in the Pooling and Servicing Agreement.

            A "Substitution Shortfall Amount" with respect to any Mortgage Loan
or REO Loan to be substituted pursuant to this Agreement and Section 2.03 of the
Pooling and Servicing Agreement, shall have the meaning given to such term in
the Pooling and Servicing Agreement.

            In connection with any repurchase or substitution of one or more
Mortgage Loans contemplated hereby, (i) the Purchaser shall execute and deliver,
or cause the execution and delivery of, such endorsements and assignments,
without recourse, as shall be necessary to vest in the Seller the legal and
beneficial ownership of each repurchased Mortgage Loan or replaced Mortgage
Loan, as applicable, (ii) the Purchaser shall deliver, or cause the delivery, to
the Seller of all portions of the Mortgage File and other documents (including
the Servicing File) pertaining to such Mortgage Loan possessed by the Trustee,
or on the Trustee's behalf, and (iii) the Purchaser shall release, or cause to
be released, to the Seller any escrow payments and reserve funds held by the
Trustee, or on the Trustee's behalf, in respect of such repurchased or replaced
Mortgage Loans.

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

            (g) Each party hereby agrees to promptly notify the other party of
any Breach of a representation or warranty contained in this Section 6. The
Seller's obligation to cure any Breach or Defect or repurchase or substitute for
the affected Mortgage Loan pursuant to Section 6(e) herein shall constitute the
sole remedy available to the Purchaser in connection with a Breach or Defect
(subject to the last sentence of the second paragraph of Section 6(e)). It is
acknowledged and agreed that the representations and warranties are being made
for risk allocation purposes only; provided, however, no limitation of remedy is
implied with respect to the Seller's breach of its obligation to cure,
repurchase or substitute in accordance with the terms and conditions of this
Agreement.

            SECTION 7. Conditions to Closing. The obligations of the Purchaser
to purchase the Mortgage Loans shall be subject to the satisfaction, on or prior
to the Closing Date, of the following conditions:

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

            (i) copies of the Seller's articles of association and memorandum of
      association, certified as of a recent date by the General Counsel of the
      Seller;

            (ii) an original or copy of a certificate of corporate existence of
      the Seller issued by the State of New York Banking Department dated not
      earlier than sixty days prior to the Closing Date;

            (iii) an opinion of counsel of the Seller, in form and substance
      satisfactory to the Purchaser and its counsel, substantially to the effect
      that:

                  (A) the Seller is duly licensed and authorized to transact
            business in the State of New York as a branch of a foreign bank
            under Article V of the Banking Law of the United States;

                  (B) the Seller has the power to conduct its business as now
            conducted and to incur and perform its obligations under this
            Agreement and the Indemnification Agreement;

                  (C) all necessary corporate or other action has been taken by
            the Seller to authorize the execution, delivery and performance of
            this Agreement and the Indemnification Agreement by the Seller and
            this Agreement is a legal, valid and binding agreement of the Seller
            enforceable against the Seller, whether such enforcement is sought
            in a procedure at law or in equity, except to the extent such
            enforcement may be limited by bankruptcy or other similar creditors'
            laws or principles of equity and public policy considerations
            underlying the securities laws, to the extent that such public
            policy considerations limit the enforceability of the provisions of
            the Agreement which purport to provide indemnification with respect
            to securities law violations;

                  (D) the Seller's execution and delivery of, and the Seller's
            performance of its obligations under, each of this Agreement and the
            Indemnification Agreement do not and will not conflict with the
            Seller's articles of association or by-laws or conflict with or
            result in the breach of any of the terms or provisions of, or
            constitute a default under, any indenture, mortgage, deed of trust,
            loan agreement or other material agreement or instrument to which
            the Seller is a party or by which the Seller is bound, or to which
            any of the property or assets of the Seller is subject or violate
            any provisions of law or conflict with or result in the breach of
            any order of any court or any governmental body binding on the
            Seller;

                  (E) there is no litigation, arbitration or mediation pending
            before any court, arbitrator, mediator or administrative body, or to
            such counsel's actual knowledge, threatened, against the Seller
            which (i) questions, directly or indirectly, the validity or
            enforceability of this Agreement or the Indemnification Agreement or
            (ii) would, if decided adversely to the Seller, either individually
            or in the aggregate, reasonably be expected to have a material
            adverse effect on the ability of the Seller to perform its
            obligations under this Agreement or the Indemnification Agreement;
            and

                  (F) no consent, approval, authorization, order, license,
            registration or qualification of or with federal court or
            governmental agency or body is required for the consummation by the
            Seller of the transactions contemplated by this Agreement and the
            Indemnification Agreement, except such consents, approvals,
            authorizations, orders, licenses, registrations or qualifications as
            have been obtained; and

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

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

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

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

            SECTION 8. Closing. The closing for the purchase and sale of the
Mortgage Loans shall take place at the office of Cadwalader, Wickersham & Taft
LLP, Charlotte, North Carolina, at 10:00 a.m., on the Closing Date or such other
place and time as the parties shall agree. The parties hereto agree that time is
of the essence with respect to this Agreement.

            SECTION 9. Expenses. The Seller will pay its pro rata share (the
Seller's pro rata share to be determined according to the percentage that the
aggregate principal balance as of the Cut-off Date of all the Mortgage Loans
represents in proportion to the aggregate principal balance as of the Cut-off
Date of all the mortgage loans to be included in the Trust Fund) of all costs
and expenses of the Purchaser in connection with the transactions contemplated
herein, including (without duplication thereof), but not limited to: (i) the
costs and expenses of the Purchaser in connection with the purchase of the
Mortgage Loans and other mortgage loans; (ii) the costs and expenses of
reproducing and delivering the Pooling and Servicing Agreement and printing (or
otherwise reproducing) and delivering the Certificates; (iii) the reasonable and
documented fees, costs and expenses of the Trustee and its counsel incurred in
connection with the Trustee entering into the Pooling and Servicing Agreement;
(iv) the fees and disbursements of a firm of certified public accountants
selected by the Purchaser and the Seller with respect to numerical information
in respect of the Mortgage Loans, other mortgage loans and the Certificates
included in the Prospectus, the Memoranda (as defined in the Indemnification
Agreement) and the Term Sheet (as defined in the Indemnification Agreement), or
items similar to the Term Sheet, including the cost of obtaining any "comfort
letters" with respect to such items; (v) the costs and expenses in connection
with the qualification or exemption of the Certificates under state securities
or blue sky laws, including filing fees and reasonable fees and disbursements of
counsel in connection therewith; (vi) the costs and expenses in connection with
any determination of the eligibility of the Certificates for investment by
institutional investors in any jurisdiction and the preparation of any legal
investment survey, including reasonable fees and disbursements of counsel in
connection therewith; (vii) the costs and expenses in connection with printing
(or otherwise reproducing) and delivering the Registration Statement, Prospectus
and Memoranda, and the reproduction and delivery of this Agreement and the
furnishing to the Underwriters of such copies of the Registration Statement,
Prospectus, Memoranda and this Agreement as the Underwriters may reasonably
request; (viii) the fees of the rating agency or agencies requested to rate the
Certificates and (ix) the reasonable fees and expenses of Thacher Proffitt &
Wood LLP, counsel to the Underwriters, and Cadwalader, Wickersham & Taft LLP,
counsel to the Depositor.

            SECTION 10. Severability of Provisions. If any one or more of the
covenants, agreements, provisions or terms of this Agreement shall be for any
reason whatsoever held invalid, then such covenants, agreements, provisions or
terms shall be deemed severable from the remaining covenants, agreements,
provisions or terms of this Agreement and shall in no way affect the validity or
enforceability of the other provisions of this Agreement. Furthermore, the
parties shall in good faith endeavor to replace any provision held to be invalid
or unenforceable with a valid and enforceable provision which most closely
resembles, and which has the same economic effect as, the provision held to be
invalid or unenforceable.

            SECTION 11. Governing Law. This Agreement shall be construed in
accordance with the laws of the State of New York without regard to conflicts of
law principles and the obligations, rights and remedies of the parties hereunder
shall be determined in accordance with such laws.

            SECTION 12. No Third Party Beneficiaries. The parties do not intend
the benefits of this Agreement to inure to any third party except as expressly
set forth in Section 13.

            SECTION 13. Assignment. The Seller hereby acknowledges that the
Purchaser has, concurrently with the execution hereof, executed and delivered
the Pooling and Servicing Agreement and that, in connection therewith, it has
assigned its rights hereunder to the Trustee for the benefit of the
Certificateholders to the extent set forth in the Pooling and Servicing
Agreement and that the rights so assigned may be further assigned to, and shall
inure to the benefit of, any successor trustee under the Pooling and Servicing
Agreement. The Seller hereby acknowledges its obligations (subject to the
provisions hereof), including that of expense reimbursement, pursuant to
Sections 2.01, 2.02 and 2.03 of the Pooling and Servicing Agreement. Except as
set forth hereinabove and in Sections 2.01, 2.02 and 2.03 of the Pooling and
Servicing Agreement, the representations and warranties of the Seller made
hereunder and the remedies provided hereunder with respect to Breaches or
Defects may not be further assigned by the Purchaser, the Trustee or any
successor trustee. No owner of a Certificate issued pursuant to the Pooling and
Servicing Agreement shall be deemed a successor or permitted assign because of
such ownership. This Agreement shall bind and inure to the benefit of, and be
enforceable by, the Seller, the Purchaser and their permitted successors and
permitted assigns. The warranties and representations and the agreements made by
the Seller herein shall survive delivery of the Mortgage Loans to the Trustee
until the termination of the Pooling and Servicing Agreement.

            SECTION 14. Notices. All demands, notices and communications
hereunder shall be in writing and shall be deemed to have been duly given upon
receipt by the intended recipient if personally delivered at or couriered, sent
by facsimile transmission or mailed by first class or registered mail, postage
prepaid, to (i) in the case of the Purchaser, J.P. Morgan Chase Commercial
Mortgage Securities Corp., 270 Park Avenue, New York, New York 10017, Attention:
Dennis Schuh, fax number (212) 834-6593 with a copy to Bianca Russo, fax number
(212) 834-6593, (ii) in the case of the Seller, Eurohypo AG, New York Branch,
1114 Avenue of the Americas, 29th Floor, New York, New York 10036, Attention:
Daniel Vinson, fax number: (212) 479-5800 and (iii) in the case of any of the
preceding parties, such other address or fax number as may hereafter be
furnished to the other party in writing by such party.

            SECTION 15. Amendment. This Agreement may be amended only by a
written instrument which specifically refers to this Agreement and is executed
by the Purchaser and the Seller; provided, however, unless such amendment is to
cure an ambiguity, mistake or inconsistency in this Agreement, no amendment
shall be permitted unless each Rating Agency has delivered a written
confirmation that such amendment will not result in a downgrade, withdrawal or
qualification of the then current ratings of the Certificates and the cost of
obtaining any Rating Agency confirmation shall be borne by the party requesting
such amendment. This Agreement shall not be deemed to be amended orally or by
virtue of any continuing custom or practice. No amendment to the Pooling and
Servicing Agreement which relates to defined terms contained therein or any
obligations of the Seller whatsoever shall be effective against the Seller
unless the Seller shall have agreed to such amendment in writing.

            SECTION 16. Counterparts. This Agreement may be executed in any
number of counterparts, and by the parties hereto in separate counterparts, each
of which when executed and delivered shall be deemed to be an original and all
of which taken together shall constitute one and the same instrument.

            SECTION 17. Exercise of Rights. No failure or delay on the part of
any party to exercise any right, power or privilege under this Agreement and no
course of dealing between the Seller and the Purchaser shall operate as a waiver
thereof, nor shall any single or partial exercise of any right, power or
privilege under this Agreement preclude any other or further exercise thereof or
the exercise of any other right, power or privilege. Except as set forth in
Section 6 herein, the rights and remedies herein expressly provided are
cumulative and not exclusive of any rights or remedies which any party would
otherwise have pursuant to law or equity. Except as set forth in Section 6
herein, no notice to or demand on any party in any case shall entitle such party
to any other or further notice or demand in similar or other circumstances, or
constitute a waiver of the right of either party to any other or further action
in any circumstances without notice or demand.

            SECTION 18. No Partnership. Nothing herein contained shall be deemed
or construed to create a partnership or joint venture between the parties
hereto. Nothing herein contained shall be deemed or construed as creating an
agency relationship between the Purchaser and the Seller and neither party shall
take any action which could reasonably lead a third party to assume that it has
the authority to bind the other party or make commitments on such party's
behalf.

            SECTION 19. Miscellaneous. This Agreement supersedes all prior
agreements and understandings relating to the subject matter hereof. Neither
this Agreement nor any term hereof may be changed, waived, discharged or
terminated orally, but only by an instrument in writing signed by the party
against whom enforcement of the change, waiver, discharge or termination is
sought.

                                   * * * * * *

<PAGE>

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

                                J.P. MORGAN CHASE COMMERCIAL
                                    MORTGAGE SECURITIES CORP., as
                                    Purchaser

                                By: ___________________________________________
                                    Name:
                                    Title:

                                EUROHYPO AG, NEW YORK BRANCH, as Seller

                                By: ___________________________________________
                                    Name:
                                    Title:

                                By: ___________________________________________
                                    Name:
                                    Title:
<PAGE>

                                    EXHIBIT A

                             MORTGAGE LOAN SCHEDULE

JPMCC 2007-LDP11
Mortgage Loan Schedule (Combined)

<TABLE>
<CAPTION>

                                                                                                                             Zip
Loan #    Originator  Mortgagor Name                            Property Address                  City              State    Code
------    ----------  ---------------------------------------   --------------------------------  --------------   -------   -------
<S>       <C>         <C>                                       <C>                               <C>              <C>       <C>
                      407 N. Maple, L.P., Beverly Place,
  2          EHY      L.P., Maple Plaza, L.P.                   Various                           Beverly Hills      CA      90210
  10         EHY      Omni-Championsgate Resort Hotel, LP; CG   1400 & 1500 Masters Boulevard     ChampionsGate      FL      33896
                      (Championsgate) Golf L.L.C.
  22         EHY      Harrison Inn 18 Suites LLC                1701 Baltimore Avenue             Ocean City         MD      21842
  25         EHY      Richardson Hammons, L.P.                  Various                           Various          Various   Various
  49         EHY      Princeton Partners, L.L.C.                14651 North Dallas Parkway        Dallas             TX      75254
  53         EHY      Four Om SPE, LLC                          10453 Mill Run Circle             Owings Mills       MD      21117
  66         EHY      Universe at Porter Ranch (DE), LLC        10631 Lindley Avenue              Northridge         CA      91326
  71         EHY      CW Park Oaks, LLC, FW Park Oaks, LLC      16602-16668 San Pedro Avenue      San Antonio        TX      78232
  84         EHY      Parkway Towers, LLC                       404 James Robertson Parkway       Nashville          TN      37219
 104         EHY      57-63 Wadsworth Terrace Holding LLC,      Various                           New York           NY      10033
                      261 Wadsworth Avenue LLC
 119         EHY      755 Coop City, LLC                        755 Co-Op City Boulevard          Bronx              NY      10457
 122         EHY      Broadway on Union Square LLC              862 Broadway                      New York           NY      10003
 152         EHY      Windsor Legacy Spring Hill LLC            25003 Pitkin Road                 Spring             TX      77386
 163         EHY      431SCJV, LLC                              425-431 Ocean Front Walk          Venice             CA      90291
 172         EHY      507 Main Street, LLC                      507 Main Street                   Worcester          MA      01608
 188         EHY      New W Street Realty LLC                   155 West Street                   Wilmington         MA      01887
 190         EHY      94-15 Northern Boulevard LLC              94-15 Northern Boulevard          Jackson Heights    NY      11372
 197         EHY      Fenmour Realty Associates, LLC            3443 Boston Post Road             Bronx              NY      10469
 210         EHY      Ornstein Skyline Properties LLC           4855 Commercial Drive             New Hartford       NY      13413
 221         EHY      New 315NB Vale LLC                        Various                           Various            MA      Various
 227         EHY      184 Nagle Avenue Holdings L.P.            184 Nagle Avenue                  New York           NY      10034
<CAPTION>

                                                                                                Net
                                                                                     Interest   Mortgage
                                                                                     Rate       Interest   Original      Cutoff
Loan #   County        Property Name                          Size     Measure       (%)        Rate       Balance       Balance
------   -----------   -------------------------------------  ------   -----------   --------   --------   -----------   -----------
<S>      <C>           <C>                                    <C>      <C>           <C>        <C>        <C>           <C>
     2   Los Angeles   Maple Drive Portfolio                  583780   Square Feet    5.54200    5.52166   220,000,000   220,000,000
    10   Polk          ChampionsGate Hotel                       730   Rooms          6.72000    6.69966   100,000,000   100,000,000
    22   Worcester     Holiday Inn Hotel & Suites Ocean City     210   Rooms          6.28400    6.26366    56,000,000    56,000,000
    25   Various       JQH Hotel Portfolio                      1160   Rooms          5.70100    5.68066    50,000,000    50,000,000
    49   Dallas        The Princeton                          371227   Square Feet    5.93000    5.90966    28,400,000    28,400,000
    53   Baltimore     Owings Mills 4                         117659   Square Feet    5.47200    5.45166    25,600,000    25,600,000
    66   Los Angeles   Lindley Gardens                           148   Units          5.96600    5.94566    19,700,000    19,700,000
    71   Bexar         Park Oaks Shopping Center              183558   Square Feet    6.17000    6.14966    18,000,000    18,000,000
    84   Davidson      Parkway Towers                         204574   Square Feet    6.22800    6.20766    14,500,000    14,500,000
   104   New York      Barbanel Multifamily Portfolio            123   Units          6.17500    6.15466    10,200,000    10,200,000
   119   Bronx         755 Co-Op City Boulevard                44911   Square Feet    5.54000    5.51966     8,940,000     8,940,000
   122   New York      862 Broadway                             6100   Square Feet    6.09300    6.07266     8,613,000     8,613,000
   152   Montgomery    Spring Hills Business Center            90100   Square Feet    6.00400    5.98366     6,500,000     6,493,534
   163   Los Angeles   431 Ocean Front Walk                       12   Units          5.85200    5.83166     6,000,000     6,000,000
   172   Worcester     Park Plaza Apartments                      90   Units          5.72000    5.69966     5,800,000     5,800,000
   188   Middlesex     155 West Street                         73642   Square Feet    5.65400    5.63366     5,000,000     5,000,000
   190   Queens        9415 Northern Boulevard                  4555   Square Feet    6.35700    6.33666     4,800,000     4,800,000
   197   Bronx         3443 Boston Post Road                   16876   Square Feet    5.84200    5.82166     4,800,000     4,800,000
   210   Oneida        Walgreens - Utica                       14820   Square Feet    5.87000    5.84966     4,190,000     4,190,000
   221   Middlesex     Howland Industrial Portfolio            60464   Square Feet    5.65400    5.63366     3,700,000     3,700,000
   227   New York      184 Nagle Avenue                           49   Units          5.91100    5.89066     3,300,000     3,300,000

<CAPTION>

                Rem.   Maturity/   Amort.   Rem.     Monthly        Servicing
Loan #   Term   Term   ARD Date    Term     Amort.   Debt Service   Fee Rate    Accrual Type   ARD (Y/N)   ARD Step Up (%)
------   ----   ----   ---------   ------   ------   ------------   ---------   ------------   ---------   ---------------
<S>      <C>    <C>    <C>         <C>      <C>      <C>            <C>         <C>            <C>         <C>
     2    120    119   06/01/17         0        0      1,030,145     0.02000   Actual/360     No
    10    120    103   02/01/16       360      360        646,605     0.02000   Actual/360     No
    22     84     84   07/01/14       360      360        346,041     0.02000   Actual/360     No
    25    120    118   05/06/17         0        0        240,841     0.02000   Actual/360     No
    49    120    118   05/06/17       360      360        168,996     0.02000   Actual/360     No
    53     60     57   04/06/12         0        0        118,357     0.02000   Actual/360     No
    66    120    117   04/06/17         0        0         99,302     0.02000   Actual/360     No
    71    132   118.17 05/06/17       360      360        109,894     0.02000   Actual/360     No
    84    120    119   06/06/17       360      360         89,072     0.02000   Actual/360     No
   104     60     59   06/06/12         0        0         53,216     0.02000   Actual/360     No
   119    120    116   03/06/17         0        0         41,846     0.02000   Actual/360     No
   122    120    120   07/06/17       360      360         52,155     0.02000   Actual/360     No
   152    120    119   06/06/17       360      359         38,988     0.02000   Actual/360     No
   163    120    120   07/06/17         0        0         29,666     0.02000   Actual/360     No
   172     60     56   03/06/12         0        0         28,031     0.02000   Actual/360     No
   188    120    118   05/07/17       360      360         28,874     0.02000   Actual/360     No
   190    120    120   07/06/17         0        0         25,781     0.02000   Actual/360     No
   197    120    120   07/06/17         0        0         23,693     0.02000   Actual/360     No
   210    120    115   02/11/17         0        0         20,781     0.02000   Actual/360     No
   221    120    118   05/07/17       360      360         21,367     0.02000   Actual/360     No
   227     60     58   05/06/12         0        0         16,481     0.02000   Actual/360     No

<CAPTION>

                           Crossed   Originator/
  Loan #     Title Type    Loan      Loan Seller  Guarantor                                             Letter of Credit
----------  ------------   --------  -----------  ---------------------------------------------------   ----------------
<S>         <C>            <C>       <C>          <C>                                                   <C>
    2           Fee                      EHY      Tishman Speyer US Office, Inc.                            No
    10      Fee/Leasehold                EHY      Ira Mitzner, David Mitzner, WRS Advisors II               No
    22          Fee                      EHY      John H. Harrison; Hale Harrison                           No
    25      Fee/Leasehold                EHY      John Q. Hammons                                           No
                                                  Robert Woolley, Mauricio R. Garza, Mountain
    49          Fee                      EHY      Properties Trust                                          No
                                                  Four Owings Mills Corporate Center Land Limited
    53          Fee                      EHY      Partnership                                               No
    66          Fee                      EHY      Henry Manoucheri                                          No
    71          Fee                      EHY      Scott Dew, Richard Pachulski, Nathan Rubin                No
    84          Fee                      EHY      Armand Lasky                                              No
   104          Fee                      EHY      Lewis Barbanel                                            No
   119          Fee                      EHY      Lester Petracca                                           No
   122          Fee                      EHY      David Zaken                                               No
   152          Fee                      EHY      W. Arden Colette                                          No
   163          Fee                      EHY      Jose Bunge, Victoria Bunge                                No
   172          Fee                      EHY      Bagus Tjahjono, Isaac R. Khafif                           No
   188          Fee                      EHY      Michael A. Howland                                        No
   190          Fee                      EHY      John Rapp, Stella Sklias                                  No
                                                  Ruth Jemal, Abraham Alan Jemal, Samuel Steven
   197          Fee                      EHY      Jemal                                                     No
   210          Fee                      EHY      J. Alan Ornstein                                          No
   221          Fee                      EHY      Michael A. Howland                                        No
   227          Fee                      EHY      Cronus Real Estate Fund, L.P.                             No

<CAPTION>

                                                    UPFRONT ESCROW
         ----------------------------------------------------------------------------------------------------------
         Upfront CapEx   Upfront Eng.   Upfront          Upfront TI/LC   Upfront RE    Upfront Ins.   Upfront Other
Loan #   Reserve         Reserve        Envir. Reserve   Reserve         Tax Reserve   Reserve        Reserve
------   -------------   ------------   --------------   -------------   -----------   ------------   -------------
<S>      <C>             <C>            <C>              <C>             <C>           <C>            <C>
     2            0.00           0.00             0.00            0.00    605,206.33           0.00            0.00
    10    2,167,981.19           0.00             0.00            0.00   1,655,634.54    399,788.83       21,204.36
    22       34,173.25           0.00             0.00            0.00    564,666.67           0.00      428,444.49
    25      175,006.00           0.00             0.00            0.00          0.00           0.00            0.00
    49        6,187.14         625.00             0.00    2,500,000.00    239,590.40           0.00    1,724,923.74
    53            0.00           0.00             0.00            0.00          0.00           0.00            0.00
    66            0.00       4,375.00             0.00            0.00     18,426.51      10,957.74      250,000.00
    71       28,681.59           0.00             0.00      877,705.92    170,931.40      31,232.48      650,000.00
    84        1,703.74       9,344.00             0.00      317,037.34     91,003.35       4,468.75            0.00
   104        2,645.84           0.00             0.00            0.00     87,121.25      44,931.00            0.00
   119          632.00       7,188.00             0.00            0.00     59,551.50      27,150.20            0.00
   122           87.00       1,250.00             0.00          900.00     18,552.00       6,919.50      276,000.00
   152        1,651.84       6,325.00             0.00        1,877.09     43,827.00       8,547.00      150,000.00
   163          420.00           0.00             0.00          280.17     35,000.00       2,700.51            0.00
   172      125,000.00      30,250.00             0.00            0.00     17,394.50       4,808.50        1,400.18
   188          607.00      43,875.00             0.00        2,428.07     22,722.22      10,343.08            0.00
   190            0.00           0.00             0.00            0.00          0.00           0.00            0.00
   197            0.00      35,324.00             0.00       60,000.00     28,949.49           0.00            0.00
   210            0.00      12,500.00             0.00            0.00          0.00           0.00            0.00
   221          578.50      14,531.00             0.00        2,020.00     21,088.53       6,920.69            0.00
   227        1,021.00           0.00             0.00            0.00     23,240.00       5,739.00            0.00

<CAPTION>

           Monthly Capex    Monthly Envir.   Monthly TI/LC    Monthly RE       Monthly Ins.    Monthly Other     Grace
  Loan #   Reserve          Reserve          Reserve          Tax Reserve      Reserve         Reserve           Period
--------   --------------  ---------------   --------------   --------------   -------------   ---------------   ------
<S>        <C>             <C>               <C>              <C>              <C>             <C>               <C>
    2                0.00              0.00             0.00       302603.33             0.00             0.00      0
    10          193359.47              0.00             0.00       206954.31         26737.93             0.00      5
    22           34173.25              0.00             0.00        49416.67             0.00        142814.83      0
    25          175006.00              0.00             0.00            0.00             0.00             0.00      0
    49            6187.14              0.00          9280.70        47918.00          7102.25             0.00      0
    53               0.00              0.00             0.00            0.00             0.00             0.00      0
    66            3083.33              0.00             0.00        18426.51          3652.58             0.00      0
    71            2373.26              0.00          7910.88        25702.61          3069.38             0.00      0
    84            1703.74              0.00         17037.34        18200.67          4468.75             0.00      0
   104            2645.84              0.00             0.00        17424.25          7488.50             0.00      0
   119             632.00              0.00             0.00         9925.25          2468.20             0.00      0
   122              87.00              0.00           900.00         6184.00          1153.25             0.00      0
   152            1651.84              0.00          1877.09         7304.50          2849.00             0.00      0
   163             420.00              0.00           280.17         7000.00           900.17             0.00      0
   172            1875.00              0.00             0.00         5798.31          2404.25             0.00      0
   188             607.00              0.00          2428.07         7590.74          1477.58             0.00      0
   190               0.00              0.00             0.00            0.00             0.00             0.00      0
   197               0.00              0.00             0.00         9649.83             0.00             0.00      0
   210               0.00              0.00             0.00            0.00             0.00             0.00      0
   221             578.50              0.00          2020.00         7029.51           988.67             0.00      0
   227            1021.00              0.00             0.00         5810.00          1913.00             0.00      0

<CAPTION>

                                                                               Remaining
                                               Interest             Final      Amortization
         Lockbox    Property      Defeasance   Accrual      Loan    Maturity   Term for
Loan #   In-place   Type          Permitted    Period       Group   Date       Balloon Loans
------   --------   -----------   ----------   ----------   -----   --------   -------------
<S>      <C>        <C>           <C>          <C>          <C>     <C>        <C>
     2   Yes        Office        Yes          Actual/360       1
    10   Yes        Hotel         Yes          Actual/360       1                        360
    22   Yes        Hotel         No           Actual/360       1                        360
    25   Yes        Hotel         Yes          Actual/360       1
    49   No         Office        Yes          Actual/360       1                        360
    53   Yes        Office        Yes          Actual/360       1
    66   No         Multifamily   Yes          Actual/360       2
    71   Yes        Retail        Yes          Actual/360       1                        360
    84   Yes        Office        Yes          Actual/360       1                        360
   104   No         Multifamily   No           Actual/360       2
   119   No         Retail        Yes          Actual/360       1
   122   No         Mixed Use     Yes          Actual/360       1                        360
   152   No         Industrial    Yes          Actual/360       1                        360
   163   No         Mixed Use     Yes          Actual/360       2
   172   No         Multifamily   No           Actual/360       2
   188   No         Industrial    Yes          Actual/360       1                        360
   190   Yes        Retail        Yes          Actual/360       1
   197   No         Retail        Yes          Actual/360       1
   210   Yes        Retail        Yes          Actual/360       1
   221   No         Industrial    Yes          Actual/360       1                        360
   227   No         Multifamily   No           Actual/360       2

</TABLE>

<PAGE>

                                    EXHIBIT B

                  MORTGAGE LOAN REPRESENTATIONS AND WARRANTIES

<PAGE>

                                    EXHIBIT C

           EXCEPTIONS TO MORTGAGE LOAN REPRESENTATIONS AND WARRANTIES

Note:  The Mortgage Loans known as Holiday Inn - Ocean City and Owings Mills
4 are structured with the related promissory note secured by a guaranty
agreement (rather than a deed of trust), which guaranty agreement from the
related property owner, in favor of the lender covers all of the obligations
under the related promissory note.  All of the obligations under the related
guaranty agreement are secured by an indemnity deed of trust ("IDOT").  With
respect to certain of the representation and warranties, with respect to
these Mortgage Loans, statements regarding the borrower relate to the
guarantor, as the owner of the respective Mortgaged Property.

Exceptions to Representation 6
<TABLE>
<CAPTION>

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          Mortgage Loan                                           Exception
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<S>                                <C>
JQH Hotel Portfolio                In addition to the Mortgage Loan, the related Mortgaged Property
                                   secures a pari passu A-note.

                                   With respect to one of the Mortgaged Properties (the Embassy Suites -
                                   Hilton), such Mortgaged Property is subject to a right of first offer
                                   to purchase the Mortgaged Property in favor of the related franchisor
                                   in the event that the borrower markets such Mortgaged Property for sale
                                   or receives an offer from a third party.

                                   With respect to two of the Mortgaged Properties (the Residence Inn -
                                   Marriot and the Courtyard by Marriot), each such Mortgaged Property is
                                   subject to a purchase option (at fair market value) in favor of the
                                   related franchisor in the event that a competing franchise attempts to
                                   purchase the related Mortgaged Property or a controlling interest in
                                   the related borrower.

                                   With respect to one of the Mortgaged Properties (the Renaissance -
                                   Marriot), the Mortgaged Property is subject to:  (i) a purchase option
                                   (at fair market value) in favor of the prior owner in the event that
                                   the borrower fails to operate the Mortgaged Property as a hotel for 2
                                   months in any 24-month period (such failure would also be an event of
                                   default under the Mortgage Loan documents); and (ii) a purchase option
                                   (at fair market value) in favor of the related franchisor in the event
                                   that the a competing franchise attempts to purchase the related
                                   Mortgaged Property or a controlling interest in the borrower.
------------------------------------------------------------------------------------------------------------

ChampionsGate Hotel                In addition to the Mortgage Loan, the related Mortgaged Property
                                   secures a pari passu A-note.
------------------------------------------------------------------------------------------------------------

755 Coop City Blvd.                The New York City Industrial Development Agency (and the U.S. Trust
                                   Company, as trustee) has a security interest in all of the right, title
                                   and interest of the College of New Rochelle (a tenant) to the fixtures
                                   constituting the part of the premises leased to the college.
------------------------------------------------------------------------------------------------------------
</TABLE>

Exception to Representation 8
<TABLE>
<CAPTION>

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          Mortgage Loan                                           Exception
------------------------------------------------------------------------------------------------------------
<S>                                <C>

JQH Hotel Portfolio                With respect to one of the Mortgaged Properties (the Embassy Suites -
                                   Hilton), such Mortgaged Property is subject to a right of first offer
                                   to purchase the Mortgaged Property in favor of the related franchisor
                                   in the event that the borrower markets such Mortgaged Property for sale
                                   or receives an offer from a third party.

                                   With respect to two of the Mortgaged Properties (the Residence Inn -
                                   Marriot and the Courtyard by Marriot), each such Mortgaged Property is
                                   subject to a purchase option (at fair market value) in favor of the
                                   related franchisor in the event that a competing franchise attempts to
                                   purchase the related Mortgaged Property or a controlling interest in
                                   the related borrower.

                                   With respect to one of the Mortgaged Properties (the Renaissance -
                                   Marriot), the Mortgaged Property is subject to:  (i) a purchase option
                                   (at fair market value) in favor of the prior owner in the event that
                                   the borrower fails to operate the Mortgaged Property as a hotel for 2
                                   months in any 24-month period (such failure would also be an event of
                                   default under the Mortgage Loan documents); and (ii) a purchase option
                                   (at fair market value) in favor of the related franchisor in the event
                                   that the a competing franchise attempts to purchase the related
                                   Mortgaged Property or a controlling interest in the borrower.
------------------------------------------------------------------------------------------------------------
</TABLE>

Exceptions to Representation 10(i)
<TABLE>
<CAPTION>
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          Mortgage Loan                                           Exception
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<S>                                <C>
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All Mortgage Loans except as       The Mortgage Loan documents provide for recourse for the misapplication
specified below                    or conversion by the borrower of any rents following an event of
                                   default or any rents collected for more than one month in advance to
                                   the extent that such rents or any other payments in respect of the
                                   Leases and other income of the related Mortgaged Property or any other
                                   collateral are not applied to the costs of maintenance and operation of
                                   the related Mortgaged Property and to the payment of taxes, lien
                                   claims, insurance premiums, debt service and other amounts due under
                                   the loan documents, instead of "misapplication or misappropriation of
                                   rents, insurance proceeds or condemnation awards" with respect to all
                                   Mortgage Loans.
------------------------------------------------------------------------------------------------------------

Maple Drive Portfolio              There is no other individual or entity other than the borrower that is
                                   liable for the non-recourse carve-outs.  In addition, there is no
                                   environmental indemnity, however, the Mortgaged Property is covered by
                                   an environmental insurance policy.
------------------------------------------------------------------------------------------------------------

Owings Mills 4                     There is no other individual or entity other than the borrower that is
                                   liable for the non-recourse carve-outs.
------------------------------------------------------------------------------------------------------------

Barbanel Multifamily Portfolio     There is no other individual or entity other than the borrower that is
                                   liable for the non-recourse carve-outs.  However, the loan-to cost
                                   ratio of each of these Mortgage Loans is 76% and 67%, respectively.
------------------------------------------------------------------------------------------------------------
</TABLE>

Exceptions to Representation 12
<TABLE>
<CAPTION>
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          Mortgage Loan                                           Exception
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<S>                                <C>
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Maple Drive Portfolio              The Mortgage Loan documents permit the borrower to obtain the release
                                   of an individual Mortgaged Property through partial defeasance at a
                                   release price equal to 115% of the allocated loan amount, subject to
                                   the satisfaction of certain conditions, including, but not limited to:
                                   (i) after giving effect to such release, the debt service coverage
                                   ratio for the remaining properties is at least equal to the greater of
                                   (a) the debt service coverage ratio as of the origination date and (b)
                                   the debt service coverage ratio for the remaining properties (including
                                   the individual Mortgaged Property to be released); (ii) after giving
                                   effect to such release, the loan-to-value ratio for the remaining
                                   Mortgaged Properties shall not exceed the lesser of (a) the
                                   loan-to-value ratio immediately preceding the origination date and (b)
                                   the loan-to-value ratio for the remaining Mortgaged Properties
                                   (including the individual Mortgaged Property to be released)
                                   immediately preceding the release of the individual Mortgaged Property;
                                   and (iii) confirmation from the rating agencies that such a release
                                   will not result in a downgrade, withdrawal or qualification of the
                                   ratings assigned to the Certificates.
------------------------------------------------------------------------------------------------------------

ChampionsGate Hotel                The Mortgage Loan documents permit the borrowers to obtain the release
                                   of a portion of the Mortgaged Property consisting of the property
                                   relating to four golf holes, subject to the satisfaction of certain
                                   conditions, including, but not limited to: (i) borrowers will grant the
                                   lender a first priority lien on a replacement parcel adjacent to the
                                   golf course on the Mortgaged Property and (ii) the replacement parcel
                                   shall consist of property relating to up to four golf holes, and shall
                                   be substantially the same size and in substantially the same condition
                                   as the released parcel.
------------------------------------------------------------------------------------------------------------

Owings Mills 4                     The Mortgage Loan documents permit the borrower to obtain the release
                                   of one or more specified parcels at the Mortgaged Property without
                                   payment of a release price, provided that except with respect to
                                   parcels that are acquired after the origination date, and subject to
                                   the satisfaction of certain conditions, including, but not limited to,
                                   that each such parcel is generally required to be vacant, non-income
                                   producing and unimproved or improved only by landscaping, utility
                                   facilities that are readily relocatable or surface parking areas.
------------------------------------------------------------------------------------------------------------

JQH Hotel Portfolio                The borrower may obtain a release of an individual Mortgaged Property
                                   through partial defeasance at a release price equal to (a) 100% of the
                                   allocated loan amount with respect to the first $50,000,000; (b) 115%
                                   of the allocated loan amount with respect to a partial defeasance above
                                   $50,000,000 (inclusive of the amounts set forth in clause (a) above) up
                                   to $100,000,000; and (c) 125% of the allocated loan amount with respect
                                   to a partial defeasance above $100,000,000 (inclusive of the amounts
                                   set forth in clauses (a) and (b) above).  Conditions to the release of
                                   a Mortgaged Property include: (i) after giving effect to such release,
                                   the debt service coverage ratio for the Mortgaged Properties then
                                   remaining subject to the lien of the Mortgage shall be at least equal
                                   to the greater of (x) the debt service coverage ratio as of the date of
                                   origination, and (ii) the lesser of (A) the debt service coverage ratio
                                   for all of the then remaining Mortgaged Properties (including the
                                   individual Mortgaged Property to be released) for the twelve (12) full
                                   calendar months immediately preceding the release of the individual
                                   Mortgaged Property and (B) 2.0x; (ii) after giving effect to such
                                   release, the loan-to-value ratio for the Mortgaged Properties then
                                   remaining subject to the lien of the  Mortgage shall not exceed the
                                   lesser of (x) the loan-to-value ratio as of the date of origination,
                                   and (y) the greater of (A) the loan-to-value ratio for all of the then
                                   remaining Mortgaged Properties (including the individual Mortgaged
                                   Property to be released) immediately preceding the release of the
                                   individual Mortgaged Property and (B) 60%; and (iii) confirmation from
                                   the rating agencies that such a release will not result in a downgrade,
                                   withdrawal or qualification of the ratings assigned to the Certificates.
------------------------------------------------------------------------------------------------------------
</TABLE>

Exceptions to Representation 16
<TABLE>
<CAPTION>
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          Mortgage Loan                                           Exception
------------------------------------------------------------------------------------------------------------
<S>                                <C>
------------------------------------------------------------------------------------------------------------

755 Coop City Blvd                 The certificate of occupancy expired prior to the date of origination
                                   of the Mortgage Loan.  The borrower is obligated to obtain one
                                   post-closing.  To mitigate this issue, the Mortgage Loan is full
                                   recourse to the borrower principal (which has an approximate net worth
                                   as of December 31, 2006 of $60,000,000) until delivery of a temporary
                                   certificate of occupancy.  Additionally, if the temporary certificate
                                   of occupancy expires without renewal, any losses resulting from such
                                   event are recourse to the borrower and the borrower principal.
------------------------------------------------------------------------------------------------------------

3443 Boston Post Road              At origination, the borrower has an outstanding a permit.  The borrower
                                   has a post-closing obligation to complete such permit and the related
                                   Mortgage Loan sponsors have recourse liability for any losses in
                                   connection with failure to obtain such completion.  The sponsors have
                                   an approximate aggregate net worth of $80,000,000.
------------------------------------------------------------------------------------------------------------
</TABLE>

Exceptions to Representation 21(iv)
<TABLE>
<CAPTION>
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          Mortgage Loan                                           Exception
------------------------------------------------------------------------------------------------------------
<S>                                <C>
------------------------------------------------------------------------------------------------------------

Maple Drive Portfolio              The borrower delivered an environmental insurance policy in lieu of an
                                   environmental indemnity agreement.
------------------------------------------------------------------------------------------------------------

JQH Hotel Portfolio                The losses covered by any indemnity do not include diminution in value
                                   or foreseeable and unforeseeable consequential damages.
------------------------------------------------------------------------------------------------------------

Owings Mills 4                     The losses covered by the environmental indemnity do not include losses
                                   incurred by reason of diminution in value or punitive or consequential
                                   damages.
------------------------------------------------------------------------------------------------------------
</TABLE>

<PAGE>

Exceptions to Representation 22
<TABLE>
<CAPTION>
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          Mortgage Loan                                           Exception
------------------------------------------------------------------------------------------------------------
<S>                                <C>
------------------------------------------------------------------------------------------------------------

Maple Drive Portfolio              The insurance policies shall not be cancelled without at least 15 days'
                                   written notice (or 10 days' written notice, in the case of non-payment
                                   of premium).

                                   The borrower is permitted to maintain the required insurance coverage
                                   from insurance companies that have been assigned a claims paying
                                   ability/financial strength rating equal to or better than the Minimum
                                   Required Rating (as hereinafter defined) by at least two (2) rating
                                   agencies (one of which will be S&P, if S&P is rating the securities,
                                   and one of which shall be Moody's, if Moody's is rating the
                                   securities), or if only one rating agency is rating the securities,
                                   then only by such rating agency (each such insurer shall be referred to
                                   below as a "Qualified Insurer").  The insurance company or companies
                                   issuing any insurance policy shall be deemed to have been assigned the
                                   "Minimum Required Rating" by any rating agency if, (A) in the case of
                                   an insurance policy issued by four (4) or fewer insurance companies,
                                   (1) at least seventy-five percent (75%) of such insurance companies
                                   have been assigned a claims paying ability/financial strength rating
                                   equal to or better than "A-" (or its equivalent) by such rating agency,
                                   and (2) no such insurance companies which provide, in the aggregate,
                                   coverage in an amount up to and including the greater of (y) the
                                   outstanding principal amount of the subject loan and (z) the full
                                   replacement cost, have been assigned a claims paying ability/financial
                                   strength rating below investment grade by such rating agency, (B) in
                                   the case of an insurance policy issued by five (5) or more insurance
                                   companies, (1) at least sixty percent (60%) of such insurance companies
                                   have been assigned a claims paying ability/financial strength rating
                                   equal to or better than "A-" (or its equivalent) by such rating agency,
                                   and (2) no such insurance companies which provide, in the aggregate,
                                   coverage in an amount up to and including the greater of (y) the
                                   outstanding principal amount of the subject loan and (z) the full
                                   replacement cost, have been assigned a claims paying ability/financial
                                   strength rating below investment grade by such rating agency.
                                   Notwithstanding the preceding sentence, a Qualified Insurer will also
                                   include, in the case of terrorism insurance, any insurance company
                                   rated investment grade or better by S&P and Moody's.

                                   The borrower also has the ability to procure the umbrella liability and
                                   terrorism insurance coverage required pursuant to the loan documents
                                   through a "captive" insurance arrangement with a provider that is
                                   affiliated with Tishman Speyer Properties, L.P., provided that (i) the
                                   lender is reasonably satisfied with the formation/structure of the
                                   captive provider and the coverage provided and (ii) the lender has
                                   received written confirmation from each of the rating agencies that the
                                   use of such captive insurance arrangement shall not result in any
                                   adverse effect upon the ratings assigned in connection with a
                                   securitization.  Except for the aforementioned condition, such
                                   "captive" insurance company shall not be subject to any of the rating
                                   requirements or conditions set forth in the preceding paragraph.
------------------------------------------------------------------------------------------------------------

ChampionsGate Hotel                The borrower has procured windstorm insurance of up to $50,000,000 per
                                   occurrence, under a blanket policy, with a guaranty for the
                                   deductible.  However, the borrower is only required to maintain
                                   insurance against loss or damage incurred as a result of a windstorm,
                                   hurricane or similar weather to the extent such insurance (a) is
                                   commercially available to owners and/or operators of first class hotels
                                   in Orlando, Florida, (b) can be obtained at a commercially reasonable
                                   cost and (c) does not exceed the coverage limits and deductible amounts
                                   generally required by lenders financing first class hotels in Orlando,
                                   Florida.
------------------------------------------------------------------------------------------------------------

JQH Hotel Portfolio                The borrower is permitted to maintain insurance provided by a syndicate
                                   of insurers, provided that the insurers with respect to such insurance
                                   shall be acceptable if:  (i) the first layer of coverage under such
                                   insurance shall be provided by carriers with minimum ratings from each
                                   of the S&P, Moody's and Fitch (or such rating agencies rating the
                                   Certificates backed by the Mortgage Loan) of "A-" or its equivalent;
                                   (ii) 60% (75% if there are 4 or fewer members in the syndicate) of the
                                   aggregate limits under such policies must be provided by carriers with
                                   a claims-paying ability of "A-" or its equivalent; (iii) all carriers
                                   have claims-paying ability ratings of at least "BBB;" and (iv) any
                                   coverage provided by carriers having ratings lower than "A-" or its
                                   equivalent by each of S&P, Moody's and Fitch (or such rating agencies
                                   rating the Certificates backed by the Mortgage Loan) will be required
                                   to be excess coverage with respect to the required coverage provided by
                                   insurers having ratings of at least "A-" or its equivalent.
------------------------------------------------------------------------------------------------------------

Holiday Inn - Ocean City           The borrower is permitted maintain earthquake insurance, worker's
                                   compensation and motor vehicle insurance coverage pursuant to policies
                                   issued by either (A) financially sound and responsible insurance
                                   companies authorized to do business in the state in which the Mortgaged
                                   Property is located and having a claims paying ability rating of "A" or
                                   better by S&P and "A:X" or better by A.M. Best or (B) a syndicate of
                                   insurers through which (1) at least 75% of the coverage (if there are 4
                                   or fewer members of the syndicate) or at least 60% of the coverage (if
                                   there are 5 or more members of the syndicate) is required to be
                                   provided by carriers having a minimum investment grade rating of "A"
                                   from S&P or "A-:IX" from A.M. Best, and equivalent ratings from one or
                                   more rating agencies acceptable to the lender, and (2) the balance of
                                   the coverage is required to be provided by carriers having a minimum
                                   investment grade rating of "BBB" from S&P and equivalent ratings from
                                   one or more rating agencies acceptable to the lender.
------------------------------------------------------------------------------------------------------------

Owings Mills 4                     The borrower is permitted maintain earthquake insurance, worker's
                                   compensation and motor vehicle insurance coverage pursuant to policies
                                   issued by either (A) one or more financially sound and responsible
                                   insurance companies authorized to do business in the state in which the
                                   Mortgaged Property is located and having a claims paying ability rating
                                   of "A-" or better by S&P or (B) a syndicate of insurers through which
                                   (1) at least fifty percent (50%) of claims coverage shall be with one
                                   or more carriers having a claims-paying-ability rating of not less than
                                   "A-" by S&P or by A.M. Best of "A-IX" or better, (2) subject to the
                                   requirements set forth in the insurance provisions of the Loan
                                   Agreement, at least ninety percent (90%) of claims coverage (inclusive
                                   of the coverage provided by carriers described in (1) above) shall be
                                   with one or more carriers having a claims paying ability rating by A.M.
                                   Best of "A-VIII" or better, (3) the balance of the coverage not to
                                   exceed ten percent (10%) of claims coverage is with one or more
                                   carriers having a claims paying ability rating by A.M. Best of "A-VII"
                                   or better and (4) provided, further, with regard to any insurance
                                   carrier which has a claims-paying-ability rating by A.M. Best of less
                                   than "A-IX" such carrier may not represent more than five percent (5%)
                                   of the total earthquake insurance.

                                   The borrower is permitted to maintain commercial general liability
                                   insurance coverage issued by either (A) one or more financially sound
                                   and responsible insurance companies authorized to do business in the
                                   state in which the Mortgaged Property is located and having a
                                   claims-paying-ability rating by (1) S&P not lower than "A-" or (2) A.M.
                                   Best of "A-IX' or (B) a syndicate of insurers through which at least
                                   sixty percent (60%) of the coverage is with carriers having a claims
                                   paying-ability rating by S&P not lower than "BBB" or by A.M. Best not
                                   lower than "A:IX" and which syndicate may include Factory Mutual
                                   Insurance Company so long as Factory Mutual Insurance Company so long
                                   as Factory Mutual Insurance Company has (i) a claims paying ability
                                   rating of not lower than "A-" by Fitch and "A:IX" by A.M. Best and (ii)
                                   a claims-paying ability rating by S&P based solely on public
                                   information of not lower than "BBBpi" (the "Factory Mutual
                                   Qualifications").

                                   The borrower is permitted to maintain all risk, flood insurance,
                                   business income insurance, builder's risk insurance, comprehensive
                                   boiler and machinery  insurance and terrorism insurance coverage with
                                   either (A) one or more financially sound and responsible insurance
                                   companies authorized to do business in the state in which the Property
                                   is located and having a claims-paying-ability rating by S&P not lower
                                   than "A-" or by A.M. Best not lower than "A:IX" or (B) a syndicate of
                                   insurers through which at least sixty percent (60%) of the coverage (if
                                   there are 4 or fewer members of the syndicate) or at least fifty
                                   percent (50%) of the coverage (if there are 5 or more members of the
                                   syndicate) is with carriers having a claims-paying-ability rating by
                                   S&P not lower than "A-" or by A.M. Best not lower than "A:IX" and the
                                   balance of the coverage is, in each case, with insurers having a
                                   claims-paying-ability rating by S&P of not lower than "BBB" or by A.M.
                                   Best not lower than "A:IX", provided that in each case, the first loss
                                   risk is borne by the carriers having a claims-paying-rating by S&P of
                                   not lower than "A-" or by A.M. Best not lower than "A:IX" and which
                                   syndicate may include Factory Mutual Insurance Company so long as
                                   Factory Mutual Insurance Company satisfies the Factory Mutual
                                   Qualifications, and (2) the flood hazard insurance coverage described
                                   in the Loan Agreement with any insurance company authorized by the
                                   United States government to issue such insurance provided such flood
                                   hazard insurance is reinsured by the United States government.

                                   If the borrower's insurers or reinsurance carriers fail to provide or
                                   maintain the ratings set forth in the insurance section of the Loan
                                   Agreement, the borrower may satisfy the applicable ratings requirement
                                   of such section by providing to the lender a "cut-through" endorsement
                                   in form and substance approved by lender issued by an insurer
                                   satisfactory to the lender or by such other credit enhancement or
                                   guaranty by such other person, in each event satisfactory to lender and
                                   the rating agencies.
------------------------------------------------------------------------------------------------------------

Walgreens Utica                    The borrower is permitted to allow the Walgreens tenant to self-insure
                                   for the required insurance coverage, provided that the Walgreens tenant
                                   maintains a tangible net worth of at least $200,000,000.
------------------------------------------------------------------------------------------------------------
</TABLE>

Exceptions to Representation 32
<TABLE>
<CAPTION>
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          Mortgage Loan                                           Exception
------------------------------------------------------------------------------------------------------------
<S>                                <C>
------------------------------------------------------------------------------------------------------------

Maple Drive Portfolio               The Mortgage Loan documents permit: (A) any pledge by a Permitted
                                    Pledgor (as defined below) of such Permitted Pledgor's respective
                                    direct interests, if any, in 100% of the equity interests in each of
                                    (i) TS 407 N. Maple, L.L.C., TS Beverly Place, L.L.C. and TS Maple
                                    Plaza, L.L.C. (each of which is a wholly-owned subsidiary of Tishman
                                    Speyer Properties, L.P.) and (ii) TS Office 407 N. Maple JV, L.L.C.,
                                    TS Office Beverly Place JV, L.L.C and TS Office Maple Plaza JV, L.L.C.
                                    (individually and collectively, the "Upper-Tier Entities") to (x) an
                                    "Institutional Lender" (as defined below) as security for the DB
                                    Facility (as defined below) or (y) an Institutional Lender as security
                                    for a loan made by such Institutional Lender to the sponsor, provided
                                    that such loan is either fully recourse to the sponsor or is secured
                                    by all or substantially all of the assets of the sponsor, (B) the
                                    transfer of any of the equity interests in the Upper-Tier Entities
                                    pursuant to the exercise of any right or remedy (including, without
                                    limitation, any transfer in lieu of foreclosure) that such
                                    Institutional Lender may have pursuant to the loan documents or
                                    security instruments evidencing the DB Facility or the loan made by
                                    such Institutional Lender to the sponsor, as applicable (a "Pledgor
                                    Action") and (C) in the event that an Institutional Lender takes a
                                    Pledgor Action and acquires any equity interests in the Upper-Tier
                                    Entities pursuant to such Pledgor Action, the transfer of such equity
                                    interests by such Institutional Lender to another Institutional
                                    Lender.  "Permitted Pledgor" means the sponsor, Tishman Speyer
                                    Properties, L.P., TS 407 N. Maple, L.L.C., TS Beverly Place, L.L.C.
                                    and TS Maple Plaza, L.L.C.  "DB Facility" shall mean that certain $300
                                    million Revolving Loan Agreement dated as of May 4, 2007, by and among
                                    Tishman Speyer U.S. Office, Inc. and certain of its affiliates, as
                                    borrowers, Deutsche Bank Trust Company Americas, a New York banking
                                    corporation and such other institutions as may become a party thereto,
                                    as lenders, and Deutsche Bank Trust Company Americas, as
                                    administrative agent and collateral agent for such lenders.  An
                                    "Institutional Lender" generally means (i) one or more institutional
                                    entities that (A) has total assets (in name or under management) in
                                    excess of $600,000,000, and (except with respect to a pension advisory
                                    firm or similar fiduciary) capital/statutory surplus or shareholder's
                                    equity of $250,000,000; and (B) is regularly engaged in the business
                                    of making or owning commercial real estate loans or and operating
                                    commercial mortgage properties.

                                    The Mortgage Loan documents permit a one-time transfer of the
                                    Mortgaged Properties to a "permitted transferee", subject to the
                                    satisfaction of certain criteria, including, but not limited to (i)
                                    consent that the conditions precedent have been satisfied (such
                                    consent not to be unreasonably withheld) and (ii) confirmation from
                                    the rating agencies that the transfer to such entity will not, in and
                                    of itself, result in a downgrade, withdrawal or qualification of the
                                    ratings assigned to the Certificates.
------------------------------------------------------------------------------------------------------------

Holiday Inn - Ocean City            The Mortgage Loan documents permit: (i) transfers of direct or
                                    indirect ownership interests in the borrower to "Qualified
                                    Transferees" meeting certain financial criteria and general
                                    creditworthiness standards set forth in the Loan Agreement; and (ii)
                                    transfers of direct or indirect ownership interests in certain
                                    specified affiliates of the borrower.  A "Qualified Transferee" shall
                                    mean any one of the following persons: (i) a real estate investment
                                    trust, bank, saving and loan association, investment bank, insurance
                                    company, trust company, commercial credit corporation, pension plan,
                                    pension fund or pension advisory firm, mutual fund, government entity
                                    or plan that (a) has total real estate assets of at least $1 billion
                                    and (b) is managed by a person who controls at least $1 billion of
                                    real estate equity assets; (ii) a pension fund advisor who (a)
                                    immediately prior to such transfer, controls at least $1 billion of
                                    real estate equity assets and (b) is acting on behalf of one or more
                                    pension funds that, in the aggregate, satisfy the requirements of
                                    clause (i) of this definition; (iii) an institution substantially
                                    similar to any of the foregoing entities described in clauses (i) or
                                    (ii) above; (iv) an insurance company which is subject to supervision
                                    by the insurance commissioner, or a similar official or agency, of a
                                    state or territory of the United States (including the District of
                                    Columbia) (a) with a net worth, as of a date no more than six (6)
                                    months prior to the date of the transfer, of at least $500 million and
                                    (b) who, immediately prior to such transfer, controls real estate
                                    equity assets of at least $1 billion; (v) a corporation organized
                                    under the banking laws of the United States or any state or territory
                                    of the United States (including the District of Columbia) (a) with a
                                    combined capital and surplus of at least $500 million and (b) who,
                                    immediately prior to such transfer, controls real estate equity assets
                                    of at least $1 billion; or (vi) any person (a) with a long-term
                                    unsecured debt rating from the Rating Agencies of at least Investment
                                    Grade or (b) who (i) owns or operates at least ten (10) full service
                                    hotels exclusive of the Mortgaged Properties totaling in the aggregate
                                    no less than 3,500 rooms, (ii) has a net worth, as of a date no more
                                    than six (6) months prior to the date of such transfer, of at least
                                    $500 million and (iii) immediately prior to such transfer, controls
                                    real estate equity assets of at least $1 billion.

                                    The Mortgage Loan documents permit the equity holders of the borrower
                                    to pledge their interests in the borrower to secure a mezzanine loan,
                                    subject to the satisfaction of certain criteria, including, but not
                                    limited to that the combined debt service coverage ratio is no less
                                    than 1.20x and the combined loan-to-value ratio is no greater than 85%.
------------------------------------------------------------------------------------------------------------

Owings Mills 4                      The Mortgage Loan documents permit: (i) transfers of direct or
                                    indirect ownership interests in the borrower to "Qualified
                                    Transferees" meeting certain financial criteria and general
                                    creditworthiness standards set forth in the Loan Agreement; and (ii)
                                    transfers of direct or indirect ownership interests in certain
                                    specified affiliates of the borrower.  A "Qualified Transferee" shall
                                    mean any one of the following persons: (i) a pension fund, pension
                                    trust or pension account that (a) has total real estate assets of at
                                    least $1 billion and (b) is managed by a person who controls at least
                                    $1 billion of real estate equity assets; (ii) a pension fund advisor
                                    who (a) immediately prior to such transfer, controls at least $1
                                    billion of real estate equity assets and (b) is acting on behalf of
                                    one or more pension funds that, in the aggregate, satisfy the
                                    requirements of clause (i) of this definition; (iii) an insurance
                                    company which is subject to supervision by the insurance commissioner,
                                    or a similar official or agency, of a state or territory of the United
                                    States (including the District of Columbia) (a) with a net worth, as
                                    of a date no more than six (6) months prior to the date of the
                                    transfer of at least $500 million and (b) who, immediately prior to
                                    such transfer, controls real estate equity assets of at least $1
                                    billion; (iv) a corporation organized under the banking laws of the
                                    United States or any state or territory of the United States
                                    (including the District of Columbia) (a) with a combined capital and
                                    surplus of at least $500 million and (b) who, immediately prior to
                                    such transfer, controls real estate equity assets of at least $1
                                    billion; or (v) any person (including, without limitation, any pension
                                    fund, pension trust, pension account, pension fund advisor, insurance
                                    company or banking corporation) (a) with a long-term unsecured debt
                                    rating from the Rating Agencies of at least investment grade or (b)
                                    who (i) has a net worth, as of a date no more than six (6) months
                                    prior to the date of such transfer, of at least $75 million, (ii)
                                    immediately prior to such transfer, controls real estate equity assets
                                    of at least $150 million and (iii) has not been the subject of a
                                    bankruptcy or insolvency proceeding during the immediately preceding
                                    seven (7) years.

                                    In addition, the holders of indirect ownership interests in the
                                    borrower are permitted to pledge their interests as security for
                                    additional debt, provided that, among other things, the following
                                    conditions are satisfied: (i) no event of default under the Mortgage
                                    Loan has occurred and is continuing, (ii) the pledge is to a
                                    "qualified pledgee" or is subject to the lender's prior written
                                    consent, which may be withheld in the lender's sole and absolute
                                    discretion, provided that the lender's consent may not be unreasonably
                                    withheld, if the borrower has delivered (A) confirmation from the
                                    rating agencies that the pledge will not, in and of itself, result in
                                    a downgrade, withdrawal or qualification of the ratings assigned to
                                    the Certificates and (B) a substantive non-consolidation opinion
                                    reasonable acceptable to the lender and the rating agencies, and (iii)
                                    in the event the property manager of the Mortgaged Property will
                                    change in connection with the pledge, the replacement property manager
                                    must meet the conditions set forth in the related Mortgage Loan
                                    documents. Pledges of equity to or from affiliates of the borrower are
                                    also permitted.  A "qualified pledgee" generally means (i) one or
                                    more institutional entities that (A) has total assets (in name or
                                    under management) in excess of $650,000,000, and (except with respect
                                    to a pension advisory firm or similar fiduciary) capital/statutory
                                    surplus or shareholder's equity of $250,000,000; and (B) is regularly
                                    engaged in the business of making or owning commercial real estate
                                    loans or commercial loans secured by a pledge of interests in a
                                    mortgage borrower or owning and operating commercial mortgage
                                    properties; or (ii) an entity for which the borrower has obtained
                                    confirmation from the rating agencies that the pledge to such entity
                                    will not, in and of itself, result in a downgrade, withdrawal or
                                    qualification of the ratings assigned to the Certificates.
------------------------------------------------------------------------------------------------------------

JQH Hotel Portfolio                 The Mortgage Loan documents permit the equity holders of the borrower
                                    to pledge their interests in the borrower to secure a mezzanine loan,
                                    subject to the satisfaction of certain criteria, including, but not
                                    limited to that the combined debt service coverage ratio is no less
                                    than 1.20x, the combined loan-to-value ratio is no greater than 75%
                                    and a confirmation from the rating agencies that such mezzanine debt
                                    will not result in a downgrade, withdrawal or qualification of the
                                    ratings assigned to the Certificates.
------------------------------------------------------------------------------------------------------------

The Princeton                       The Mortgage Loan documents permit the equity holders of the borrower
                                    to pledge their interests in the borrower to secure a mezzanine loan,
                                    subject to the satisfaction of certain criteria, including, but not
                                    limited to that the combined debt service coverage ratio is no less
                                    than 1.15x and the combined loan-to-value ratio is no greater than 85%.
------------------------------------------------------------------------------------------------------------

Park Oaks Shopping Center           The Mortgage Loan documents permit the equity holders of the borrower
                                    to pledge their interests in the borrower to secure a mezzanine loan,
                                    subject to the satisfaction of certain criteria, including, but not
                                    limited to that the combined debt service coverage ratio is no less
                                    than 1.05x and the combined loan-to-value ratio is no greater than 85%.
------------------------------------------------------------------------------------------------------------

Park Plaza Apartments              The Mortgage Loan documents permit the equity holders of the borrower
                                   to pledge their interests in the borrower to secure a mezzanine loan,
                                   subject to the satisfaction of certain criteria, including, but not
                                   limited to that the combined debt service coverage ratio is no less
                                   than 1.10x and the combined loan-to-value ratio is no greater than 90%,
                                   provided however that such mezzanine financing will not be permitted if
                                   a preferred equity investor has been admitted in accordance with the
                                   Mortgage Loan documents.

                                    The Mortgage Loan documents permit the addition of a third-party
                                    equity investor to the borrower, subject to the satisfaction of
                                    certain conditions, including, but not limited to: (i) mezzanine debt
                                    has not been incurred and (ii) if such third-party equity investor is
                                    permitted to gain control upon the occurrence of any event then as a
                                    condition precedent to such transfer of control of the borrower to the
                                    third-party equity investor, such investor must deliver a confirmation
                                    from the rating agencies that such transfer will not result in a
                                    downgrade, withdrawal or qualification of the ratings assigned to the
                                    Certificates and, if required by any rating agency, a substantive
                                    non-consolidation opinion.
------------------------------------------------------------------------------------------------------------

Parkway Towers                      The direct owner of 100% of the borrower has pledged its ownership
                                    interest in the borrower to secure a mezzanine loan in the amount of
                                    $1,500,000 held by Wachovia Bank, National Association, subject to an
                                    intercreditor agreement.
------------------------------------------------------------------------------------------------------------

Barbanel Multifamily Portfolio.     The direct owner of 100% of the borrower has pledged its ownership
                                    interest in the borrower to secure a mezzanine loan in the amount of
                                    $2,300,000 held by RCG Longview II, L.P., subject to an intercreditor
                                    agreement.
------------------------------------------------------------------------------------------------------------

862 Broadway                        The Mortgage Loan documents permit the equity holders of the borrower
                                    to pledge their interests in the borrower to secure a mezzanine loan,
                                    subject to the satisfaction of certain criteria, including, but not
                                    limited to that the combined debt service coverage ratio is no less
                                    than 1.20x and the combined loan-to-value ratio is no greater than 85%.
------------------------------------------------------------------------------------------------------------

184 Nagle Avenue                    The Mortgage Loan documents permit the equity holders of the borrower
                                    to pledge their interests in the borrower to secure a mezzanine loan,
                                    subject to the satisfaction of certain criteria, including, but not
                                    limited to that the combined debt service coverage ratio is no less
                                    than 1.00x and the combined loan-to-value ratio is no greater than 90%.
------------------------------------------------------------------------------------------------------------
</TABLE>

Exceptions to Representation 35
<TABLE>
<CAPTION>
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          Mortgage Loan                                           Exception
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<S>                                <C>
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Maple Drive Portfolio              The Mortgage Loan documents permit the borrower to obtain the release
                                   of an individual Mortgaged Property through partial defeasance at a
                                   release price equal to 115% of the allocated loan amount, subject to
                                   the satisfaction of certain conditions, including, but not limited to:
                                   (i) after giving effect to such release, the debt service coverage
                                   ratio for the remaining properties is at least equal to the greater of
                                   (a) the debt service coverage ratio as of the origination date and (b)
                                   the debt service coverage ratio for the remaining properties (including
                                   the individual Mortgaged Property to be released); (ii) after giving
                                   effect to such release, the loan-to-value ratio for the remaining
                                   Mortgaged Properties shall not exceed the lesser of (a) the
                                   loan-to-value ratio immediately preceding the origination date and (b)
                                   the loan-to-value ratio for the remaining Mortgaged Properties
                                   (including the individual Mortgaged Property to be released)
                                   immediately preceding the release of the individual Mortgaged Property;
                                   and (iii) confirmation from the rating agencies that such a release
                                   will not result in a downgrade, withdrawal or qualification of the
                                   ratings assigned to the Certificates.
------------------------------------------------------------------------------------------------------------

JQH Hotel Portfolio                The borrower may obtain a release of an individual Mortgaged Property
                                   through partial defeasance at a release price equal to (a) 100% of the
                                   allocated loan amount with respect to the first $50,000,000; (b) 115%
                                   of the allocated loan amount with respect to a partial defeasance above
                                   $50,000,000 (inclusive of the amounts set forth in clause (a) above) up
                                   to $100,000,000; and (c) 125% of the allocated loan amount with respect
                                   to a partial defeasance above $100,000,000 (inclusive of the amounts
                                   set forth in clauses (a) and (b) above).  Conditions to the release of
                                   a Mortgaged Property include: (i) after giving effect to such release,
                                   the debt service coverage ratio for the Mortgaged Properties then
                                   remaining subject to the lien of the Mortgage shall be at least equal
                                   to the greater of (x) the debt service coverage ratio as of the date of
                                   origination, and (ii) the lesser of (A) the debt service coverage ratio
                                   for all of the then remaining Mortgaged Properties (including the
                                   individual Mortgaged Property to be released) for the twelve (12) full
                                   calendar months immediately preceding the release of the individual
                                   Mortgaged Property and (B) 2.0x; (ii) after giving effect to such
                                   release, the loan-to-value ratio for the Mortgaged Properties then
                                   remaining subject to the lien of the  Mortgage shall not exceed the
                                   lesser of (x) the loan-to-value ratio as of the date of origination,
                                   and (y) the greater of (A) the loan-to-value ratio for all of the then
                                   remaining Mortgaged Properties (including the individual Mortgaged
                                   Property to be released) immediately preceding the release of the
                                   individual Mortgaged Property and (B) 60%; and (iii) confirmation from
                                   the rating agencies that such a release will not result in a downgrade,
                                   withdrawal or qualification of the ratings assigned to the Certificates.
------------------------------------------------------------------------------------------------------------
</TABLE>

Exceptions to Representation 42
<TABLE>
<CAPTION>
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          Mortgage Loan                                            Exception
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<S>                                <C>
-------------------------------------------------------------------------------------------------------------

Maple Drive Portfolio              The borrower must maintain insurance against terrorism, but excluding
                                   acts of war, provided however, the borrower is not  obligated to expend
                                   more than $42,307  (which amount is equal to one and one half times the
                                   terrorism premium), in any fiscal year on insurance premiums for
                                   terrorism insurance, such dollar amount to be adjusted to reflect any
                                   increase during the preceding year in the consumer price index.
-------------------------------------------------------------------------------------------------------------

ChampionsGate Hotel                The borrowers are not required to obtain and maintain terrorism
                                   insurance that is available for an annual premium equal to more than
                                   $377,600 (which amount represents two (2) times the annual premium that
                                   would be paid by borrowers for commercial property and business income
                                   coverage as of the origination date exclusive of terrorism insurance) in
                                   any fiscal year; provided, however, if lender reasonably determines that
                                   (i) terrorism insurance is customarily maintained by owners and/or
                                   operators of hotel properties in Orlando, Florida, (ii) lenders
                                   financing hotel properties in Orlando, Florida are generally requiring
                                   terrorism insurance as a condition to such financing or (iii) borrowers
                                   or their affiliates are obtaining terrorism insurance on any other hotel
                                   properties which borrowers and/or their affiliates own and/or operate in
                                   central Florida, then borrowers shall maintain such terrorism insurance,
                                   regardless of the cost of the related insurance premiums.
-------------------------------------------------------------------------------------------------------------

JQH Hotel Portfolio                The borrower is not required to obtain and maintain terrorism insurance
                                   that is available for an annual premium equal to more than two times the
                                   cost of comprehensive all risk insurance and business income insurance
                                   during the calendar year immediately preceding the date of determination.
-------------------------------------------------------------------------------------------------------------
</TABLE>

<PAGE>

                                    EXHIBIT D

                          FORM OF OFFICER'S CERTIFICATE

            I, [______], a duly appointed, qualified and acting [______] of
[___________], a [________] [______] (the "Company"), hereby certify on behalf
of the Company as follows:

            1.______I have examined the Mortgage Loan Purchase Agreement, dated
as of July 1, 2007 (the "Agreement"), between the Company and J.P. Morgan Chase
Commercial Mortgage Securities Corp., and all of the representations and
warranties of the Company under the Agreement are true and correct in all
material respects on and as of the date hereof (or, in the case of any
particular representation or warranty set forth on Exhibit B to the Agreement,
as of such other date provided for in such representation or warranty) with the
same force and effect as if made on and as of the date hereof, subject to the
exceptions set forth in the Agreement (including Exhibit C thereto).

            2. The Company has complied with all the covenants and satisfied all
the conditions on its part to be performed or satisfied under the Agreement on
or prior to the date hereof and no event has occurred which, with notice or the
passage of time or both, would constitute a default under the Agreement.

            3. I have examined the information regarding the Mortgage Loans in
the Prospectus, dated March 9, 2007, as supplemented by the Prospectus
Supplement, dated June 28, 2007 (collectively, the "Prospectus"), relating to
the offering of the Class A-1, Class A-2, Class A-2FL, Class A-3, Class A-4,
Class A-SB, Class A-1A, Class X, Class A-M, Class A-J, Class B, Class C, Class
D, Class E and Class F Certificates, the Private Placement Memorandum, dated
June 28, 2007 (the "Privately Offered Certificate Private Placement
Memorandum"), relating to the offering of the Class G, Class H, Class J, Class
K, Class L, Class M, Class N, Class P, Class Q, Class T and Class NR
Certificates, and the Residual Private Placement Memorandum, dated June 28, 2007
(together with the Privately Offered Certificate Private Placement Memorandum,
the "Private Placement Memoranda"), relating to the offering of the Class R and
Class LR Certificates, and nothing has come to my attention that would lead me
to believe that the Prospectus, as of the date of the Prospectus Supplement or
as of the date hereof, or the Private Placement Memoranda, as of the date of the
Private Placement Memoranda or as of the date hereof, included or includes any
untrue statement of a material fact relating to the Mortgage Loans or omitted or
omits to state therein a material fact necessary in order to make the statements
therein relating to the Mortgage Loans, in light of the circumstances under
which they were made, not misleading.

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

                    [SIGNATURE APPEARS ON THE FOLLOWING PAGE]

            IN WITNESS WHEREOF, I have signed my name this ___ day of July,
2007.

                                   By: _________________________________________
                                       Name:
                                       Title:

<PAGE>

                                   SCHEDULE I

  MORTGAGE LOANS FOR WHICH A LENDER'S ENVIRONMENTAL POLICY WAS OBTAINED IN LIEU
                       OF AN ENVIRONMENTAL SITE ASSESSMENT

Reference is made to the Representations and Warranties set forth in Exhibit B
attached hereto corresponding to the Paragraph number set forth below.

None.

<PAGE>

                                   SCHEDULE II

                       MORTGAGED PROPERTY FOR WHICH OTHER
                      ENVIRONMENTAL INSURANCE IS MAINTAINED

Reference is made to the Representations and Warranties set forth in Exhibit B
attached hereto corresponding to the Paragraph numbers set forth below:

None.

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