Document:

Exhibit 4.14 

 

EXECUTION VERSION

AGREEMENT BETWEEN NOTEHOLDERS

Dated as of February 16, 2022 by and among

GOLDMAN
SACHS BANK USA

(Initial Note A-1 Holder)

and

GOLDMAN
SACHS BANK USA

(Initial Note A-2 Holder)

and

GOLDMAN
SACHS BANK USA

(Initial Note A-3 Holder)

Woodmore Towne Centre

    	 	 	 

     

    

THIS AGREEMENT BETWEEN NOTEHOLDERS,
dated as of February 16, 2022 by and between GOLDMAN SACHS BANK USA (together with
its successors and assigns in interest, “GSBI”), a New York state-chartered bank (in its capacity as initial owner
of Note A-1, the “Initial Note A-1 Holder”, and in its capacity as the initial agent, the “Initial Agent”),
GSBI, a New York state-chartered bank (in its capacity as initial owner of Note A-2, the
“Initial Note A-2 Holder”), and GSBI, a New York state-chartered bank (in its capacity as initial owner of Note A-3,
the “Initial Note A-3 Holder”, and together with the Initial Note A-1 Holder and Initial Note A-2 Holder, the “Initial
Noteholders”).

W I T N E S S E T H:

WHEREAS, pursuant to the
Mortgage Loan Agreement (as defined herein), GSBI originated a certain loan (the “Mortgage Loan”) described on the
schedule attached hereto as Exhibit A (the “Mortgage Loan Schedule”) to the mortgage loan borrower described
on the Mortgage Loan Schedule (the “Mortgage Loan Borrower”), which was evidenced, inter alia, by three (3)
promissory notes (as amended, modified or supplemented, each a “Note”) made by the Mortgage Loan Borrower in favor
of the applicable Initial Noteholder having the designations, principal balances and Initial Noteholder as set forth in the chart below,
and secured by a first mortgage (as amended, modified or supplemented, the “Mortgage”) on certain real property located
as described on the Mortgage Loan Schedule (the “Mortgaged Property”). Each Note shall be referred to herein by its
“Note Designation” as set forth in the chart below.

	
    Note
    Designation
	
    Initial
    Noteholder
	
    Original
    Principal Balance

	Note A-1	GSBI	$75,000,000.00
	Note A-2	GSBI	$39,066,667.67
	Note A-3	GSBI	$3,133,333.33

WHEREAS, the parties hereto
desire to enter into this Agreement to memorialize the terms under which they, and their successors and assigns, shall hold each Note;

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

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

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

“Advance Interest
Amount” shall mean interest payable on Advances, as specified in the Servicing Agreement or Non-Lead Securitization Servicing
Agreement, as applicable.

    	 	 	 

     

    

“Advances”
shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement or
Non-Lead Securitization Servicing Agreement, as applicable (but for purposes hereof shall be limited to Advances in respect of the Mortgage
Loan or the Mortgaged Property).

“Affiliate”
shall mean with respect to any specified Person (i) any other Person Controlling or Controlled by or under common Control with such
specified Person (each a “Common Control Party”), (ii) any other Person owning, directly or indirectly, ten percent
(10%) or more of the beneficial interests in such Person or (iii) any other Person in which such Person or a Common Control Party
owns, directly or indirectly, ten percent (10%) or more of the beneficial interests.

“Agent”
shall mean the Initial Agent or such Person to whom the Initial Agent shall delegate its duties hereunder, and from and after the date
of the First Securitization shall mean the Certificate Administrator, if any, and if there is no Certificate Administrator, shall mean
the Trustee.

“Agent Office”
shall mean the designated office of the Agent in the State of New York, which office at the date of this Agreement is located at Goldman
Sachs Bank USA, 200 West Street, New York, New York 10282, Attention: Leah Nivison, and which is the address to which notices to and correspondence
with the Agent should be directed. The Agent may change the address of its designated office by notice to the Noteholders.

“Agreement”
shall mean this Agreement between Noteholders, the exhibits and schedule hereto and all amendments hereof and supplements hereto.

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

“Appraisal Reduction
Amount” shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing
Agreement.

“Asset Representations
Reviewer” shall mean the asset representations reviewer appointed pursuant to the Lead Securitization Servicing Agreement.

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

“Asset Status Report”
shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

“Balloon Payment”
shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

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

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“Borrower Party”
shall mean (i) a Mortgage Loan Borrower, manager of a Mortgaged Property or an Affiliate thereof, or (ii) a holder or beneficial owner
of (or an Affiliate of any holder or beneficial owner of) a mezzanine loan, secured by a pledge of the direct (or indirect) equity interests
in the borrower under that mortgage loan or loan combination, if such mezzanine loan either (a) has been accelerated or (b) is the subject
of foreclosure proceedings against the equity collateral pledged to secure that mezzanine loan. Solely for the purposes of the definition
of “Borrower Party”, the term “Affiliate” means, with respect to any specified person, (i) any other person controlling
or controlled by or under common control with such specified person or (ii) any other person that owns, directly or indirectly, 25% or
more of the beneficial interests in such specified person.

“Business Day”
shall have the meaning assigned to such term in the Servicing Agreement or Non-Lead Securitization Servicing Agreement, as applicable.

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

“Certificate Administrator”
shall mean the certificate administrator appointed pursuant to the Lead Securitization Servicing Agreement.

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

“Collection Account”
shall mean the trust account or accounts (including any sub-accounts) created and maintained by the Servicer.

“Commission”
means the U.S. Securities and Exchange Commission or any successor thereto.

“Companion Distribution
Account” shall have the meaning assigned to such term or the term “Serviced Whole Loan Custodial Account” in the
Servicing Agreement or such other analogous term used in the Servicing Agreement.

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

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

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

“Control”
means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of an entity,
whether through the ability to exercise voting power, by contract or otherwise.

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

“Controlling Noteholder”
shall mean as of any date of determination the holder or holders of a majority of Note A-1; provided that, at any time Note A-1
is included in a Securitization, references to the “Controlling Noteholder” herein shall mean the holders of the majority
of the class of securities issued in such Securitization designated as the “controlling class” (or such lesser amount as permitted
under the terms of the related Servicing Agreement) or such other class(es) otherwise assigned the rights to exercise the rights of the
“Controlling Noteholder” hereunder, as and to the extent provided in the related Servicing Agreement; provided, further, if
at any time 50% or more of Note A-1 (or class of securities issued in any Non-Lead Securitization designated as the “controlling
class” or such other class(es) otherwise assigned the rights to exercise the rights of the “Controlling Noteholder”)
is held by a Borrower Party, then no person shall be entitled to exercise the rights of the Controlling Noteholder. If Note A-1 is
included in a Securitization, the related Servicing Agreement may contain additional limitations on the rights of the designated party
entitled to exercise the rights of the “Controlling Noteholder” hereunder if such designated party is the Mortgage Loan Borrower
or if it has certain relationships with the Mortgage Loan Borrower.

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

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

“Default Interest”
shall mean with respect to any Note, interest on such Note at a rate per annum equal to interest accrued thereon at the Default Rate in
excess of the Interest Rate applicable to such Note.

“Default Rate”
shall mean, with respect to the Mortgage Loan, the “Default Rate” as defined in the Mortgage Loan Documents (or such other
analogous term used in the Mortgage Loan Documents).

“Defaulted Mortgage
Loan” shall have the meaning assigned to such term in the Servicing Agreement.

“Depositor”
shall mean the Person selected by the Lead Securitization Noteholder to create the Securitization Trust.

“Event of Default”
shall mean, with respect to the Mortgage Loan, an “Event of Default” as defined in the Mortgage Loan Documents (or such other
analogous term used in the Mortgage Loan Documents).

“Exchange Act”
shall mean the Securities Exchange Act of 1934, as amended.

“First Securitization”
shall mean the earliest to occur of the Note A-1 Securitization, the Note A-2 Securitization and the Note A-3 Securitization.

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

“Indemnified Items”
shall mean, collectively, any claims, losses, penalties, fines, forfeitures, reasonable legal fees and related costs, judgments and any
other costs, liabilities, fees and expenses incurred in connection with the servicing and administration of the Mortgage Loan and the
Mortgaged Property (or, with respect to the Operating Advisor, incurred in connection with the provision of services for the Mortgage
Loan) under the Servicing Agreement.

“Indemnified Parties”
shall mean, collectively, (i) as and to the same extent the Lead Securitization Trust is required to indemnify each of the following parties
in respect of other mortgage loans in the Lead Securitization Trust pursuant to the terms of the Servicing Agreement, each of the Master
Servicer, the Special Servicer, the Certificate Administrator, the Trustee, the Operating Advisor, the Asset Representations Reviewer
and the Depositor (and any director, officer, employee or agent of any of the foregoing, to the extent such parties are identified as
indemnified parties in the Servicing Agreement in respect of other mortgage loans) and (ii) the Lead Securitization Trust.

“Independent”
shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

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

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

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

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

“Initial Noteholder”
shall mean (i) with respect to Note A-1, the Initial Note A-1 Holder, (ii) with respect to Note A-2, the Initial Note A-2 Holder
and (iii) with respect to Note A-3, the Initial Note A-3 Holder.

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

“Insolvency Proceeding”
shall mean any proceeding under Title 11 of the United States Code (11 U.S.C. Sec. 101 et seq.) or any other insolvency, liquidation,
reorganization or other similar proceeding concerning the Mortgage Loan Borrower, any action for the dissolution of the Mortgage Loan
Borrower, any proceeding (judicial or otherwise) concerning the application of the assets of the Mortgage Loan Borrower for the benefit
of its creditors, the appointment of or any proceeding seeking the appointment of a trustee, receiver or other similar custodian for all
or any substantial part of the assets of the Mortgage Loan Borrower or any other action concerning the adjustment of the debts of the
Mortgage Loan Borrower, the cessation of business by the Mortgage Loan Borrower, except following a sale, transfer or other disposition
of all or

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substantially all of the assets of the Mortgage
Loan Borrower in a transaction permitted under the Mortgage Loan Documents; provided, however, that following any such permitted
transaction affecting the title to the Mortgaged Property, the Mortgage Loan Borrower for purposes of this Agreement shall be defined
to mean the successor owner of the Mortgaged Property from time to time as may be permitted pursuant to the Mortgage Loan Documents; provided,
further, however, that for the purposes of this definition, in the event that more than one entity comprises the Mortgage
Loan Borrower, the term “Mortgage Loan Borrower” shall refer to any such entity.

“Insurance and Condemnation
Proceeds” shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing
Agreement.

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

“Interested Person”
shall mean the Depositor, a Non-Lead Depositor, the Master Servicer, the Non-Lead Master Servicer, the Special Servicer, the Non-Lead
Special Servicer, the Non-Lead Trustee, any Mortgage Loan Borrower, any manager of any Mortgaged Property, any independent contractor
engaged by any of the foregoing parties, the Operating Advisor, the Non-Lead Operating Advisor, the Controlling Noteholder, a Non-Controlling
Noteholder, the Controlling Class Representative, any holder of a related mezzanine loan, or any known Affiliate of any such party described
above.

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

“KBRA”
shall mean Kroll Bond Rating Agency, LLC, or its successor in interest.

“Lead Securitization”
shall mean (a) if the First Securitization is also the Note A-1 Securitization, such First Securitization and (b) if the First Securitization
is not also the Note A-1 Securitization, then (i) for the period from the closing date of the First Securitization until the Securitization
of Note A-1, the First Securitization and (ii) on and after the Securitization of Note A-1, the Note A-1 Securitization.

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

“Lead Securitization
Note” shall mean any Note included in the Lead Securitization.

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

“Lead Securitization
Servicing Agreement” shall mean, as of any date of determination, a pooling and servicing agreement, subject to Section 2
hereof, to be entered into in connection with the Lead Securitization, by and among (a) the Person who serves as Trustee from and
after the Lead Securitization Date, (b) the Person who serves as Master Servicer from and after the Lead Securitization Date, (c) the
Person which serves as Special Servicer from and

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after the Lead Securitization Date, (d) the
Person who serves as Operating Advisor from and after the Lead Securitization Date and (e) the Depositor, and any other additional
Persons that may be party to such pooling and servicing agreement; provided it is acknowledged that such agreement is subject in all respects
to changes (i) required by the Code relating to the tax elections of the related Securitization Trust (ii) required by law or changes
in any law, rule or regulation and (iii) requested by the Rating Agencies or any purchaser of subordinate certificates. The Servicing
Standard in the Lead Securitization Servicing Agreement shall require, among other things, that each Servicer, in servicing the Mortgage
Loan, must take into account the interests of each Noteholder.

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

“Liquidation Fees”
shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

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

“Major Decisions”
shall have the meaning given to such term or any one or more analogous terms in the Servicing Agreement; provided that at any time that
a Note is not included in the Lead Securitization, “Major Decision” shall mean:

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

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

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

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

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

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

(vii)        any
waiver of or any determination not to enforce a “due-on-sale” or “due-on-encumbrance” clause with respect to
the Mortgage Loan or any consent to such a waiver or any consent to a transfer of all or any portion of the Mortgaged Property or of
any direct or indirect legal or beneficial interests in the Mortgage Loan Borrower;

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

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

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

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

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

(xiii)        any
determination of an Acceptable Insurance Default;

(xiv)        any
determination by the Master Servicer to transfer the Mortgage Loan to the Special Servicer under the circumstances where the Master Servicer
determines, in its reasonable business judgment, exercised in accordance with the Servicing Standard, that a default consisting of a
failure to make a payment of principal or interest is reasonably foreseeable or there is a significant risk of such default or any other
default that is likely to impair the use or marketability of the Mortgaged Properties or such other analogous event described in the
definition of Servicing Transfer Event; or

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(xv)         any modification, waiver or amendment of any lease, the execution of any new lease or the granting of a subordination and nondisturbance
or attornment agreement in connection with any lease, at a Mortgaged Property if it would be a Major Lease (as defined in the Mortgage
Loan Agreement).

“Master Servicer”
shall mean the master servicer appointed pursuant to the Servicing Agreement.

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

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

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

“Mortgage Loan Agreement”
shall mean the Loan Agreement, dated as of December 23, 2021, between the Mortgage Loan Borrower, as borrower, and GSBI, as lender, as
the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.

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

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

“Mortgage Loan Schedule”
shall have the meaning given thereto in the recitals.

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

“Net Interest Rate”
shall mean with respect to any Note, the Interest Rate for such Note minus the Servicing Fee Rate applicable to such Note.

“Non-Controlling
Note” shall mean the interest of each Non-Controlling Noteholder in its Note.

“Non-Controlling
Noteholder” shall mean each Noteholder other than the Controlling Noteholder; provided that, if at any time 50% or more
of a Non-Controlling Note (or class of securities issued in any Securitization that includes such Non-Controlling Note designated as the
“controlling class” or such other class(es) otherwise assigned the rights to exercise the rights of such “Non-Controlling
Noteholder”) is held by a Borrower Party, then no Person shall be entitled to exercise the rights of such Non-Controlling Noteholder
with respect to such Non-Controlling Note.

“Non-Lead Asset
Representations Reviewer” shall mean the party acting as “asset representations reviewer” (within the meaning of
Item 1101(m) of Regulation AB) under a Non-Lead Securitization.

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“Non-Lead Certificate
Administrator” shall mean the “certificate administrator” or such other analogous term under a Non-Lead Securitization.

“Non-Lead Depositor”
shall mean the “depositor” under a Non-Lead Securitization.

“Non-Lead Master
Servicer” shall mean the applicable “master servicer” under a Non-Lead Securitization.

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

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

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

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

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

“Non-Lead Securitization
Noteholder” shall mean each Noteholder of a Non-Lead Securitization Note, provided that at any time a Note that is not
the Lead Securitization Note is included in a Securitization other than the Lead Securitization, references to the “Non-Lead Securitization
Noteholder” herein shall mean the Non-Lead Securitization Subordinate Class Representative under the related Non-Lead Securitization
Servicing Agreement, as and to the extent provided in the related Non-Lead Securitization Servicing Agreement and as to the identity of
which the Lead Securitization Noteholder (and the Master Servicer and the Special Servicer) has been given written notice. The Lead Securitization
Noteholder (or the Master Servicer or the Special Servicer acting on its behalf) shall not be required at any time to deal with more than
one party exercising the rights of a “Non-Lead Securitization Noteholder” herein or under the Servicing Agreement and, to
the extent that the related Non-Lead Securitization Servicing Agreement assigns such rights to more than one party, for purposes of this
Agreement, the Non-Lead Securitization Servicing Agreement shall designate one party to deal with the Lead Securitization Noteholder (or
the Master Servicer or the Special Servicer acting on its behalf) and provide written notice of such designation to the Lead Securitization
Noteholder (and the Master Servicer and the Special Servicer acting on its behalf) (such party, the “Non-Lead Securitization
Noteholder Representative”); provided that, in the absence of such designation and notice, the Lead Securitization Noteholder
(or the Master Servicer or the Special Servicer acting on its behalf) shall be entitled to treat the last party as to which it has received
written notice as having been designated as the Non-Lead Securitization Noteholder Representative with respect to such Non-Controlling
Note for all purposes of this Agreement.

Prior to Securitization of
any Non-Lead Securitization Note by the Non-Lead Securitization Noteholder (including any New Notes), all notices, reports, information
or other deliverables required to be delivered to such Non-Lead Securitization Noteholder pursuant to this

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

“Non-Lead Securitization
Noteholder Representative” shall have the meaning assigned to such term in the definition of “Non-Lead Securitization
Noteholder”.

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

“Non-Lead Securitization
Subordinate Class Representative” shall mean the holders of the majority of the class of securities issued in a Non-Lead Securitization
designated as the “controlling class” pursuant to the related Non-Lead Securitization Servicing Agreement or their duly appointed
representative; provided that if 50% or more of the class of securities issued in any Non-Lead Securitization designated as the
“controlling class” or such other class(es) otherwise assigned the rights to exercise the rights of the “Controlling
Noteholder” is held by (or their duly appointed representative is) a Borrower Party, then no person shall be entitled to exercise
the rights of the related Non-Lead Securitization Subordinate Class Representative.

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

“Non-Lead Special
Servicer” shall mean the “special servicer” under a Non-Lead Securitization.

“Non-Lead Trustee”
shall mean the applicable “trustee” under a Non-Lead Securitization.

“Nonrecoverable
Property Protection Advance” shall have the meaning assigned to the term in the Servicing Agreement or such other analogous
term used in the Servicing Agreement.

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

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

“Note Register”
shall have the meaning assigned to such term in Section 16.

“Noteholder”
shall mean with respect to any Note, the Initial Noteholder thereof, or any subsequent holder of such Note, together with its successors
and assigns.

“Operating Advisor”
shall mean the operating advisor appointed pursuant to the Lead Securitization Servicing Agreement.

“Payment Date”
shall have the meaning assigned to such term in the Mortgage Loan Documents (or such other analogous term used in the Mortgage Loan Documents).

“Percentage Interest”
with respect to any Note shall mean a fraction, expressed as a percentage, the numerator of which is the Principal Balance of such Note
and the denominator of which is the sum of the Principal Balances of all Notes.

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

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

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

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

“Prepayment Premium”
shall mean, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar
fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit
fee.

“Principal Balance”
with respect to any Note as of any date of determination shall mean the initial principal balance set forth on the Mortgage Loan Schedule,
less any payments of principal thereon or reductions in such amount pursuant to Section 3 or Section 4,
as applicable.

“Pro Rata and Pari
Passu Basis” shall mean with respect to the Notes and the Noteholders, the allocation of any particular payment, collection,
cost, expense, liability or other amount among the Notes or the related Noteholders, as the case may be, without any priority of any Note
or any such Noteholder over another Note or Noteholder, as the case may be, and in any event such that each Note or such Noteholder, as
the case may be, is allocated its respective pro rata portion of such particular payment, collection, cost, expense, liability
or other amount.

    	 	12	 

     

    

“Property Protection
Advances” shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing
Agreement or Non-Lead Securitization Servicing Agreement, as applicable.

“Qualified Institutional
Lender” shall mean each of the Initial Noteholders (and any Affiliates and subsidiaries of such entity) and any other Person
that is:

(a)  
an entity Controlled (as defined below) by, under common Control with or Controlling any Initial Noteholder, or

(b)  
one or more of the following:

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

(ii)            an
investment company, money management firm or a “qualified institutional buyer” within the meaning of Rule 144A under the
Securities Act of 1933, as amended, or an “accredited investor” within the meaning of Rule 501(a) (1), (2), (3) or (7) of
Regulation D under the Securities Act of 1933, as amended, or

(iii)           a
Qualified Trustee (or in the case of a CDO, a single purpose bankruptcy remote entity which contemporaneously assigns or pledges its
Note, or a participation interest therein (or any portion thereof) to a Qualified Trustee) in connection with (a) a securitization of,
(b) the creation of collateralized debt obligations (“CDO”) secured by, or (c) a financing through an “owner
trust” of, a Note (any of the foregoing, a “Securitization Vehicle”), provided that (1) one or more classes
of securities issued by such Securitization Vehicle is initially rated at least investment grade by each of the Rating Agencies which
assigned a rating to one or more classes of securities issued in connection with such securitization (it being understood that with respect
to any Rating Agency that assigned such a rating to the securities issued by such Securitization Vehicle, a Rating Agency Confirmation
will not be required in connection with a transfer of such Note to such Securitization Vehicle); (2) in the case of a Securitization
Vehicle that is not a CDO, the special servicer of such Securitization Vehicle has a Required Special Servicer Rating or is otherwise
acceptable to the Rating Agencies rating each Securitization (such entity, an “Approved Servicer”) and such Approved
Servicer is required to service and administer such Note in accordance with servicing arrangements for the assets held by the Securitization
Vehicle which require that such Approved Servicer act in accordance with a servicing standard notwithstanding any contrary direction
or instruction from any other Person; or (3) in the case of a Securitization Vehicle that is a CDO, the CDO Asset Manager and, if applicable,
each Intervening Trust Vehicle that is not administered and managed by a CDO Asset Manager which is a Qualified Institutional Lender,
are each a Qualified Institutional Lender under clause (i), (ii), (iii), (iv) or (v) of this definition,
or

    	 	13	 

     

    

(iv)          an investment fund, limited liability company, limited partnership or general partnership having capital and/or capital commitments
of at least $500,000,000, in which (A) the applicable Noteholder, (B) a person that is otherwise a Qualified Institutional Lender under
clause (i), (ii) or (v) (with respect to an institution substantially similar to the entities referred to in clause
(i) or (ii) above), or (C) a Permitted Fund Manager, acts as a general partner, managing member, or the fund manager responsible
for the day-to-day management and operation of such investment vehicle and provided that at least 50% of the equity interests in such
investment vehicle are owned, directly or indirectly, by one or more entities that are otherwise Qualified Institutional Lenders (without
regard to the capital surplus/equity and total asset requirements set forth below in the definition), or

(v)           an
entity substantially similar to any of the foregoing, or

(vi)          a
Person that is otherwise a Qualified Institutional Lender but is acting in an agency capacity for a syndicate of lenders where at least
51% of the lenders in such syndicate are otherwise Qualified Institutional Lenders under clauses (b)(i), (ii), (iv),
(v) and (vi) above, or

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

provided that, in
the case of any entity referred to in clause (b)(i), (b)(ii), (b)(iii)(a), (b)(iv)(B) or (b)(v) of
this definition, (x) such entity has at least $200,000,000 in capital/statutory surplus or shareholders’ equity (except with respect
to a pension advisory firm, asset manager or similar fiduciary) and at least $600,000,000 in total assets (in name or under management),
and (y) is regularly engaged in the business of making or owning commercial real estate loans (or interests therein) similar to the Mortgage
Loan (or mezzanine loans with respect thereto) or owning junior CMBS securities or owning or operating commercial real estate properties;
provided that, in the case of the entity described in clause (iv)(B) of this definition, the requirements of this clause (y) may
be satisfied by a general partner, managing member, or the fund manager responsible for the day-to-day management and operation of such
entity.

For purposes of this definition
only, “Control” means the ownership, directly or indirectly, in the aggregate of more than fifty percent (50%) of the
beneficial ownership interests of an entity and the possession, directly or indirectly, of the power to direct or cause the direction
of the management or policies of an entity, whether through the ability to exercise voting power, by contract or otherwise (“Controlled”
and “Controlling” have the meaning correlative thereto).

“Qualified Trustee”
means (i) a corporation, national bank, national banking association or a trust company, organized and doing business under the laws of
any state or the United States of America, authorized under such laws to exercise corporate trust powers and to accept the trust conferred,
having a combined capital and surplus of at least $50,000,000 and subject to supervision or examination by federal or state authority,
(ii) an institution insured by the

    	 	14	 

     

    

Federal Deposit Insurance Corporation or (iii)
an institution whose long-term senior unsecured debt is rated either of the then in effect top two rating categories of each of the applicable
Rating Agencies.

“Rating Agencies”
shall mean any of (a) S&P, (b) Moody’s, (c) Fitch, (d) DBRS Morningstar, (e) KBRA or, (f) if any of such entities shall for
any reason no longer perform the functions of a securities rating agency, any other nationally recognized statistical rating agency reasonably
designated by the Depositor or Non-Lead Depositor to rate the securities issued in connection with the Securitization of any Note; provided,
however, that, at any time during which any Note is an asset of one or more Securitizations, “Rating Agencies” or “Rating
Agency” shall mean only those rating agencies that are engaged by the Depositor or Non-Lead Depositor, as applicable, from time
to time to rate the securities issued in connection with the Securitization of such Note.

“Rating Agency Confirmation”
shall mean, after a Securitization, the meaning given thereto or any analogous term in the Servicing Agreement including any deemed Rating
Agency Confirmation.

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

“Regulation AB”
shall mean Subpart 229.1100 – Asset Backed Securities (Regulation AB), 17 C.F.R. §§229.1100-229.1125, as such rules
may be amended from time to time, and subject to such clarification and interpretation as have been provided by the Commission or by the
staff of the Commission, or as may be provided by the Commission or its staff from time to time, in each case as effective from time to
time as of the compliance dates specified therein.

“Relative Spread”
with respect to any Note and any date of determination shall mean the ratio of the Interest Rate of such Note to the weighted average
as of such date of determination (prior to taking into account any payments made on account of principal as of such date) of the Interest
Rates on all the Notes based on their Principal Balances.

“REMIC”
shall mean a real estate mortgage investment conduit within the meaning of Section 860D(a) of the Code.

“REMIC Provisions”
shall mean provisions of the federal income tax law relating to real estate mortgage investment conduits, which appear at Sections 860A
through 860G of subchapter M of Chapter 1 of the Code, and related provisions, and regulations (including any applicable proposed regulations)
and rulings promulgated thereunder, as the foregoing may be in effect from time to time.

“REO Property”
shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

“Required Special
Servicer Rating” shall mean with respect to a special servicer (i) in the case of Fitch, a rating of “CSS3”, (ii)
in the case of S&P, such special servicer is on S&P’s Select Servicer List as a U.S. Commercial Mortgage Special Servicer,
(iii) in the case of Moody’s, such special servicer is acting as special servicer for one or more loans included in a commercial
mortgage loan securitization that was rated by Moody’s within the twelve (12) month period prior

    	 	15	 

     

    

to the date of determination, and Moody’s
has not downgraded or withdrawn the then-current rating on any class of commercial mortgage securities or placed any class of commercial
mortgage securities on watch citing the continuation of such special servicer as special servicer of such commercial mortgage loans, (iv)
in the case of DBRS Morningstar, the replacement special servicer either (a) has a then-current special servicer ranking of at least “MOR
CS3” by DBRS Morningstar (if ranked by DBRS Morningstar) or (b) is currently acting as a special servicer on a transaction-level
basis on a commercial mortgage-backed securitization transaction currently rated by DBRS Morningstar that currently has securities outstanding
and for which DBRS Morningstar has not cited servicing concerns of the replacement special servicer as the sole or material factor in
any qualification, downgrade or withdrawal of the ratings (or placement on “watch status” in contemplation of a ratings downgrade
or withdrawal) of securities rated by DBRS Morningstar in a commercial mortgage-backed securitization rated by DBRS Morningstar and serviced
by the applicable replacement special servicer prior to the time of determination, and (v) in the case of KBRA, KBRA has not cited servicing
concerns of such special servicer as the sole or material factor in any qualification, downgrade or withdrawal of the ratings (or placement
on “watch status” in contemplation of a ratings downgrade or withdrawal) of securities in a transaction serviced by such special
servicer prior to the time of determination.

“Risk Retention
Requirements” shall mean the credit risk retention requirements of Section 15G of the Exchange Act (15 U.S.C. §78o-11),
as added by Section 941 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

“Risk Retention
Rules” shall mean the joint final rule that was promulgated to implement the Risk Retention Requirements (which such joint final
rule has been codified, inter alia, at 17 C.F.R. § 246), as such rule may be amended from time to time, and subject to such
clarification and interpretation as have been provided by the Office of the Comptroller of the Currency, the Board of Governors of the
Federal Reserve System, the Federal Deposit Insurance Corporation, the Federal Housing Finance Agency, the Commission and the Department
of Housing and Urban Development in the adopting release (79 Fed. Reg. 77601 et seq.) or by the staff of any such agency, or as may be
provided by any such agency or its staff from time to time, in each case, as effective from time to time as of the applicable compliance
date specified therein.

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

“Securities Act”
shall mean the Securities Act of 1933, as amended.

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

“Securitization
Trust” shall mean a trust formed pursuant to a Securitization pursuant to which any Note is held.

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

    	 	16	 

     

    

“Servicing Agreement”
shall mean the Lead Securitization Servicing Agreement or the Non-Lead Securitization Servicing Agreement, as applicable, together with
any amendment, restatement, supplement, replacement or modification thereto entered into in accordance with the terms hereof or thereof.

“Servicing Fee Rate”
shall be the per annum rate at which primary servicing fees are payable in respect of the Mortgage Loan as set forth in the Servicing
Agreement. The Servicing Fee Rate shall not reflect any master servicing fees payable by any Noteholder.

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

“Servicing Transfer
Event” shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing
Agreement.

“Special Servicer”
shall mean the special servicer appointed pursuant to the Servicing Agreement and this Agreement.

“Special Servicing
Fees” shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing
Agreement.

“Specially Serviced
Mortgage Loan” shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in
the Servicing Agreement.

“Substitute Servicing
Agreement” means a servicing agreement that contains servicing provisions which are the same as or more favorable to the Non-Lead
Noteholders, in substance, to those in the Servicing Agreement (including, without limitation, all applicable provisions relating to delivery
of information and reports necessary for any Non-Lead Securitization to comply with any applicable reporting requirements under the Securities
Exchange Act of 1934, as amended) and all references herein to the “Servicing Agreement” shall mean such subsequent servicing
agreement; provided, however, that if a Non-Lead Securitization Note is in a Securitization, then a Rating Agency Confirmation shall have
been obtained from each Rating Agency with respect to such subsequent servicing agreement.

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

“Transfer”
shall mean any sale, assignment, transfer, pledge, syndication, participation, hypothecation, contribution, encumbrance or other disposition
(either (i) directly or (ii) indirectly through entering into a derivatives contract or any other similar agreement, excluding
a repurchase financing or a Pledge in accordance with Section 14(e)).

“Trustee”
shall mean the trustee appointed pursuant to the Lead Securitization Servicing Agreement.

“U.S. Person”
shall mean a citizen or resident of the United States, a corporation or partnership (except to the extent provided in applicable Treasury
Regulations) created or

    	 	17	 

     

    

organized in or under the laws of the United
States, any State thereof or the District of Columbia, including any entity treated as a corporation or partnership for federal income
tax purposes, or an estate whose income is subject to United States federal income tax regardless of its source, or a trust if a court
within the United States is able to exercise primary supervision over the administration of such trust, and one or more such U.S. Persons
have the authority to control all substantial decisions of such trust (or, to the extent provided in applicable Treasury Regulations,
a trust in existence on August 20, 1996 that is eligible to elect to be treated as a U.S. Person).

“Withheld Amounts”
shall have the meaning assigned to such term in Section 3.

“Workout”
shall mean any written modification, waiver, amendment, restructuring or workout of the Mortgage Loan or the Note entered into with the
Mortgage Loan Borrower in accordance with the Servicing Agreement.

“Workout Fees”
shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

Section 2.         Servicing.

(a)  
Each Noteholder acknowledges and agrees that, subject to this Agreement, the Mortgage Loan shall be serviced pursuant to this
Agreement and the Servicing Agreement; provided that the Master Servicer shall not be obligated to advance monthly payments of
principal or interest in respect of the Notes other than for any Note in the Lead Securitization (and a Non-Lead Master Servicer may
be required to advance monthly payments of principal and interest on a Non-Lead Securitization Note pursuant to the terms of the Non-Lead
Securitization Servicing Agreement) if such principal or interest is not paid by the Mortgage Loan Borrower but shall be obligated to
advance delinquent real estate taxes, insurance premiums and other expenses related to the maintenance of the Mortgaged Property and
maintenance and enforcement of the lien of the Mortgage thereon, subject to the terms of the Servicing Agreement (including a determination
of recoverability thereunder). Each Noteholder acknowledges that each Initial Noteholder may elect, in its sole discretion, to include
the related Note in a Securitization and agrees that it will reasonably cooperate with such other Noteholder, at such other Noteholder’s
expense, to effect such Securitization. Subject to the terms and conditions of this Agreement, each Noteholder hereby irrevocably and
unconditionally consents to the appointment of the Master Servicer, the Certificate Administrator, the Operating Advisor, the Asset Representations
Reviewer and the Trustee under the Servicing Agreement by the Depositor, and the appointment of the Special Servicer as the initial Special
Servicer under the Servicing Agreement by the Depositor (subject to replacement by the Controlling Noteholder as provided herein) and
agrees to reasonably cooperate with the Master Servicer and the Special Servicer with respect to the servicing of the Mortgage Loan in
accordance with this Agreement and the Servicing Agreement. Each Noteholder hereby appoints the Master Servicer, the Special Servicer
and the Trustee in the Lead Securitization as such Noteholder’s attorney-in-fact to sign any documents reasonably required with
respect to the administration and servicing of the Mortgage Loan on its behalf under the Servicing Agreement (subject at all times to
the rights of the Noteholders set forth herein and in the Servicing Agreement). In no event shall the Servicing Agreement require any
Servicer to enforce the rights of any Noteholder against any other Noteholder or limit any Servicer in enforcing the rights of one Noteholder
against any other Noteholder; however, this statement shall

    	 	18	 

     

    

not be construed to otherwise limit the rights
of one Noteholder with respect to any other Noteholder. Each Servicer shall be required pursuant to the Servicing Agreement to service
the Mortgage Loan in accordance with the Servicing Standard, this Agreement, the terms of the Mortgage Loan Documents, the Servicing Agreement,
any intercreditor agreement and applicable law, and shall not take any action or refrain from taking any action or follow any direction
inconsistent with the foregoing.

(b)  
The Master Servicer shall be the lead master servicer on the Mortgage Loan, and from time to time it (or the Trustee, to the extent
provided in the Lead Securitization Servicing Agreement) (i) shall be required to make Property Protection Advances with respect to the
Mortgage Loan, subject to the terms of the Lead Securitization Servicing Agreement and this Agreement, and (ii) may be required to make
principal and interest Advances on any Note in the Lead Securitization, if and to the extent provided in the Lead Securitization Servicing
Agreement and this Agreement. The Master Servicer or Trustee shall be required to provide written notice to the Non-Lead Master Servicer
and the Non-Lead Trustee of any principal and interest Advance it has made with respect to the Lead Securitization Note within two (2)
Business Days of making such Advance. The Master Servicer, the Special Servicer and the Trustee, as applicable, will be entitled to reimbursement
for a Property Protection Advance, first from funds on deposit in each of the Collection Account and the Companion Distribution Account
that (in any case) represent amounts received on or in respect of the Mortgage Loan in the manner provided in the Lead Securitization
Servicing Agreement, and then, in the case of Nonrecoverable Property Protection Advances, if such funds on deposit in the Collection
Account and Companion Distribution Account are insufficient, from general collections of the Lead Securitization as provided in the Lead
Securitization Servicing Agreement and from general collections of the Non-Lead Securitization as provided below. The Master Servicer,
the Special Servicer and the Trustee, as applicable, will be entitled to reimbursement for Advance Interest Amounts on a Property Protection
Advance or a Nonrecoverable Property Protection Advance, in the manner and from the sources provided in the Lead Securitization Servicing
Agreement, including from general collections of the Lead Securitization and from general collections of the Non-Lead Securitization as
provided below. Notwithstanding the foregoing, to the extent the Master Servicer, the Special Servicer or the Trustee, as applicable,
obtains funds from general collections of the Lead Securitization as a reimbursement for a Nonrecoverable Property Protection Advance
or any Advance Interest Amounts on a Property Protection Advance or a Nonrecoverable Property Protection Advance, the Non-Lead Securitization
Noteholder (including from general collections or any other amounts from the Non-Lead Securitization Trust) shall be required to, promptly
following notice from the Master Servicer, reimburse the Lead Securitization for its pro rata share of such Nonrecoverable Property
Protection Advance or Advance Interest Amounts. If the Master Servicer or the Special Servicer determines that a proposed principal and
interest Advance with respect to the Lead Securitization Note or Property Protection Advance with respect to the Mortgage Loan, if made,
or any outstanding principal and interest Advance or Property Protection Advance previously made, would be, or is, as applicable, a Nonrecoverable
Advance (as defined in the Lead Securitization Servicing Agreement), the Master Servicer shall provide the Non-Lead Master Servicer written
notice of such determination promptly after such determination was made together with such reports that were delivered to the Master Servicer,
Special Servicer or Trustee, as applicable, in connection with notification of its determination of nonrecoverability.

    	 	19	 

     

    

In addition, the Non-Lead
Securitization Noteholder (including, but not limited to, the Non-Lead Securitization Trust) shall be required to, promptly following
notice from the Master Servicer or the Special Servicer, pay or reimburse the Lead Securitization for the Non-Lead Securitization Noteholder’s
pro rata share of any additional trust fund expenses with respect to the Mortgage Loan or the Mortgaged Property, any other fees,
costs or expenses incurred in connection with the servicing and administration of the Mortgage Loan and allocable to the Noteholders pursuant
to this Agreement and as to which the Master Servicer, the Special Servicer, the Certificate Administrator, the Trustee, the Operating
Advisor or the Depositor, as applicable, is entitled to be reimbursed pursuant to the Lead Securitization Servicing Agreement, and any
fees, costs or expenses related to obtaining a Rating Agency Confirmation and allocated to the Noteholders, in each case to the extent
amounts on deposit in the Companion Distribution Account that are allocated to the Non-Lead Securitization Note are insufficient for reimbursement
of such amounts (which such reimbursement shall be made, if the Non-Lead Securitization Note has been included in a Non-Lead Securitization,
from general collections or any other amounts from such Non-Lead Securitization Trust). The Non-Lead Securitization Noteholder agrees
to indemnify (as and to the same extent the Lead Securitization Trust is required to indemnify each of the Indemnified Parties against
any Indemnified Items to the extent of its pro rata share of such Indemnified Items, and to the extent amounts on deposit in the
Companion Distribution Account that are allocated to the Non-Lead Securitization Note are insufficient for reimbursement of such amounts,
the Non-Lead Securitization Noteholder shall be required to, promptly following notice from the Master Servicer, the Special Servicer
or the Trustee, reimburse each of the applicable Indemnified Parties for its pro rata share of the insufficiency (including, if
the Non-Lead Securitization Note has been included in a Non-Lead Securitization, from general collections or any other amounts from such
Non-Lead Securitization Trust).

The Non-Lead Master Servicer
may be required to make principal and interest Advances on a Non-Lead Securitization Note, from time to time, subject to the terms of
the Non-Lead Securitization Servicing Agreement, the Lead Securitization Servicing Agreement and this Agreement. The Master Servicer,
the Special Servicer and the Trustee, as applicable, shall be entitled to make their own recoverability determination with respect to
a principal and interest Advance to be made on the Lead Securitization Note based on the information that they have on hand and in accordance
with the Lead Securitization Servicing Agreement. The Non-Lead Master Servicer and the Non-Lead Special Servicer and the Non-Lead Trustee,
as applicable, shall be entitled to make their own recoverability determination with respect to a principal and interest Advance to be
made on a Non-Lead Securitization Note based on the information that they have on hand and in accordance with the Non-Lead Securitization
Servicing Agreement. The Master Servicer and the Trustee, as applicable, and the Non-Lead Master Servicer or the Non-Lead Trustee shall
be required to notify each other servicer and trustee with respect to a Securitization of the amount of its principal and interest Advance
within two (2) Business Days of making such Advance. If the Master Servicer, the Special Servicer or the Trustee, as applicable (with
respect to the Lead Securitization Note) or the Non-Lead Master Servicer, the Non-Lead Special Servicer or the Non-Lead Trustee, as applicable
(with respect to a Non-Lead Securitization Note), determines that a proposed principal and interest Advance, if made, would be non-recoverable
or an outstanding principal and interest Advance is or would be non-recoverable, or if the Master Servicer, the Special Servicer or the
Trustee, as applicable, subsequently determines that a proposed Property Protection Advance would be non-recoverable or an outstanding
Property Protection Advance is or would be non-recoverable, then the Master Servicer or the Trustee (as

    	 	20	 

     

    

provided in the Lead Securitization Servicing
Agreement, in the case of a determination of non-recoverability by the Master Servicer, the Special Servicer or the Trustee) or the Non-Lead
Master Servicer or the Non-Lead Trustee (as provided in the Non-Lead Securitization Servicing Agreement, in the case of a determination
of non-recoverability by the Non-Lead Master Servicer, the Non-Lead Special Servicer or the Non-Lead Trustee) shall notify the Master
Servicer and the Trustee, or the Non-Lead Master Servicer and the Non-Lead Trustee, as the case may be, within two (2) Business Days of
making such determination. Each of the Master Servicer, the Trustee, the Non-Lead Master Servicer and the Non-Lead Trustee, as applicable,
will only be entitled to reimbursement for a principal and interest Advance that becomes non-recoverable and Advance Interest Amounts
thereon first from the Collection Account or the Companion Distribution Account from amounts allocable to the Mortgage Loan for which
such principal and interest Advance was made, and then, if funds are insufficient, (i) in the case of the Lead Securitization Note, from
general collections of the Lead Securitization Trust, pursuant to the terms of the Lead Securitization Servicing Agreement and (ii) in
the case of the Non-Lead Securitization Note, from general collections of the Non-Lead Securitization Trust, as and to the extent provided
in the Non-Lead Securitization Servicing Agreement.

(c)  
At any time after the Lead Securitization Date that the Lead Securitization Note is no longer subject to the provisions of the
Lead Securitization Servicing Agreement, the Lead Securitization Noteholder shall cause the Mortgage Loan to be serviced in accordance
with the servicing provisions set forth in the Lead Securitization Servicing Agreement or a Substitute Servicing Agreement as if such
agreement was still in full force and effect with respect to the Mortgage Loan; provided, however, that the Servicer under the Lead Securitization
Servicing Agreement shall have no further obligations to advance monthly payments of principal or interest except as specifically agreed
to by the Servicer; provided, further, however, that until a replacement servicing agreement is in place, the actual servicing of the
Mortgage Loan may be performed by any nationally recognized commercial mortgage loan servicer appointed by Lead Securitization Noteholder
and the special servicer appointed by the Controlling Noteholder and does not have to be performed by the service providers set forth
under the Lead Securitization Servicing Agreement; provided, further, however, that until a replacement servicing agreement has been entered
into, if a Non-Lead Securitization Note becomes the subject of an Asset Review pursuant to the related Non-Lead Securitization Servicing
Agreement, the Master Servicer, the Special Servicer, the Trustee and the Custodian shall reasonably cooperate with the Non-Lead Asset
Representations Reviewer in connection with such Asset Review by providing the Non-Lead Asset Representations Reviewer with any documents
reasonably requested by the Non-Lead Asset Representations Reviewer, but only to the extent (x) such documents are in the possession of
the Master Servicer, the Special Servicer, the Trustee or the Custodian, as the case may be, and (y) the Non-Lead Asset Representations
Reviewer has not been able to obtain such documents from the related mortgage loan seller.

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

(e)  
The Servicing Agreement shall contain provisions to the effect that:

    	 	21	 

     

    

(i)           
 if an event of default under the Servicing Agreement has occurred (A) with respect to the Master Servicer under the Servicing
Agreement that affects a Noteholder or any class of commercial mortgage securities backed by a Note, and the Master Servicer is not otherwise
terminated under the Servicing Agreement, then the Non-Lead Securitization Noteholders shall be entitled to direct the Trustee to appoint
a sub-servicer solely with respect to the Mortgage Loan (or if the Mortgage Loan is currently being sub-serviced, to replace the current
sub-servicer, but only if such original sub-servicer is in default under the related sub-servicing agreement); and (B) the appointment
(or replacement) of a sub-servicer with respect to the Mortgage Loan, as contemplated in clause (A) above, will in any event be
subject to written confirmation from each Rating Agency that such appointment would not, in and of itself, cause a downgrade, qualification
or withdrawal of the then-current ratings assigned to the securities issued in connection with any Securitization;

(ii)           any
payments received on the Mortgage Loan shall be paid by the Master Servicer (a) to each of the Noteholders (other than the Non-Lead Securitization
Noteholders) on the “master servicer remittance date” under the Servicing Agreement and (b) by the earlier of (x) the Master
Servicer Remittance Date (as defined in the Lead Securitization Servicing Agreement) and (y) the Business Day following the “determination
date” (or any term substantially similar thereto) as defined in the Non-Lead Securitization Servicing Agreement, in each case as
long as the date on which remittance is required under this clause (ii) is at least one (1) Business Day after the scheduled monthly
payment date under the Mortgage Loan Agreement;

(iii)          each
Non-Lead Noteholder shall be entitled to receive, and the Master Servicer and the Special Servicer shall provide access to, any information
relating to the Mortgage Loan, the Mortgage Loan Borrower or the Mortgaged Property as such Non-Lead Noteholder may reasonably request
and would be customarily in the possession of, or collected or known by, the Master Servicer or the Special Servicer of mortgage loans
similar to the Mortgage Loan and, in any event, all information that is required to be provided to holders of the securities issued by
the Lead Securitization Trust that includes but is not limited to standard CREFC reports and Asset Status Reports, provided that if an
interest in the requesting Noteholder or its related Note is held by a Borrower Party, then such requesting Noteholder shall not be entitled
to receive the Asset Status Report or any other information relating to the Special Servicer’s workout strategy or any “excluded
information” or analogous term under the Servicing Agreement;

(iv)         each
Noteholder is an intended third party beneficiary in respect of the rights afforded it under the Servicing Agreement and may directly
enforce such rights;

(v)            the
Servicing Agreement may not be amended without the consent of each Non-Lead Noteholder if such amendment would be materially adverse
to such Non-Lead Noteholder or would materially adversely affect the Mortgage Loan or any Non-Lead Noteholder’s rights with respect
thereto or would alter any term that is defined herein by reference to the Servicing Agreement in a manner that is materially adverse
to a Non-Lead Noteholder;

    	 	22	 

     

    

(vi)          the Special Servicer selected by the Controlling Noteholder shall be named as the Special Servicer for the Mortgage Loan by the
earlier of (x) the closing of the Lead Securitization or (y) the Mortgage Loan becoming a Specially Serviced Mortgage Loan under any
other Servicing Agreement; provided, however, that such Special Servicer has the Required Special Servicer Rating of, or
otherwise be acceptable to, each of the Rating Agencies rating each Securitization;

(vii)         any
matter affecting the servicing and administration of the Mortgage Loan that requires delivery of a Rating Agency Confirmation pursuant
to the Servicing Agreement shall also require delivery of a Rating Agency Confirmation for each Non-Lead Securitization Note and the
applicable Rating Agencies.

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

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

(ii)            each
of the Indemnified Parties shall be indemnified (as and to the same extent the Lead Securitization Trust is required to indemnify each
of such Indemnified

    	 	23	 

     

    

Parties in respect of other mortgage
loans in the Lead Securitization Trust pursuant to the terms of Servicing Agreement and, in the case of the Lead Securitization Trust,
to the extent of any additional trust fund expenses with respect to the Mortgage Loan) by the Non-Lead Securitization Trust, against any
of the Indemnified Items to the extent of its pro rata share of such Indemnified Items, and to the extent amounts on deposit in
the Companion Distribution Account that are allocated to the Non-Lead Securitization Note are insufficient for reimbursement of such amounts,
the Non-Lead Master Servicer will be required to reimburse each of the applicable Indemnified Parties for the Non-Lead Securitization
Note’s pro rata share of the insufficiency out of general funds in the collection account (or equivalent account) established
under the Non-Lead Securitization Servicing Agreement;

(iii)           the
Non-Lead Master Servicer, Non-Lead Trustee or Non-Lead Certificate Administrator will be required to deliver to the Trustee, the Certificate
Administrator, the Special Servicer, the Master Servicer and the Operating Advisor (i) promptly following the Non-Lead Securitization,
notice of the deposit of the Non-Lead Securitization Note into a Securitization Trust (which notice may be (x) in the form of delivery
(which may be by email) of a copy of the Non-Lead Securitization Servicing Agreement, or (y) by email notification together with contact
information for the Non-Lead Trustee, the Non-Lead Certificate Administrator, the Non-Lead Master Servicer, the Non-Lead Special Servicer
and the party designated to exercise the rights of the Non-Lead Securitization Noteholder as a “Non-Controlling Noteholder”
under this Agreement), accompanied by a certified copy of the executed Non-Lead Securitization Servicing Agreement and (ii) notice of
any subsequent change in the identity of the Non-Lead Master Servicer, the Non-Lead Trustee or the party designated to exercise the rights
of the Non-Lead Securitization Noteholder as a “Non-Controlling Noteholder” under this Agreement (together with the relevant
contact information) (which may be in the form of email delivery of a copy of such notice); and

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

(g)  
Each Lead Securitization Noteholder shall:

(i)              give
each Non-Lead Securitization Noteholder notice of the Securitization of the Lead Securitization Note in writing (which may be by email)
promptly following the Lead Securitization Date, together with contact information for each of the parties to the Lead Securitization
Servicing Agreement; and

(ii)            send
to each Non-Lead Securitization Noteholder and the parties to the related Non-Lead Securitization Servicing Agreement (that are not also
party to the Lead Securitization Servicing Agreement) (x) on or promptly following the Lead Securitization Date (to the extent the applicable
parties to the related Non-Lead Securitization Servicing Agreement have been engaged by the related Non-Lead Depositor on or prior to
the Lead Securitization Date), a copy (in EDGAR-compatible format) of the execution version of the Lead Securitization Servicing Agreement,
(y) within (1) one Business Day after the date of any re-filing by the Depositor of the Lead Securitization Servicing Agreement with
the Commission to account for any changes thereto (other than a formal amendment thereto following the Lead Securitization Date), a copy
(in EDGAR-compatible format) of the re-

    	 	24	 

     

    

filed Lead Securitization Servicing Agreement,
and (z) promptly following distribution thereof to the parties to the Lead Securitization Servicing Agreement, any changes made by the
Depositor to the Lead Securitization Servicing Agreement (other than a formal amendment thereto following the Lead Securitization Date).

(h)  
The Servicing Agreement shall provide that compensating interest payments as defined therein with respect to any Notes will be
allocated by the Master Servicer between the Notes, pro rata, in accordance with their respective Principal Balances. The Master
Servicer shall remit any compensating interest payment in respect of and Non-Lead Securitization Note to the applicable Non-Lead Securitization
Noteholder.

(i)    
In the event any filing is required to be made by any Non-Lead Depositor under the related Servicing Agreement in order to comply
with the Non-Lead Depositor’s requirements under the Securities Exchange Act of 1934, as amended, the related Lead Securitization
Noteholder (including the Depositor and Trustee) shall use commercially reasonable efforts to timely comply with any such filing.

(j)    
If a Non-Lead Securitization Note becomes the subject of an Asset Review pursuant to the related Non-Lead Securitization Servicing
Agreement, the Master Servicer, the Special Servicer, the Trustee and the Custodian shall reasonably cooperate with such Non-Lead Asset
Representations Reviewer in connection with such Asset Review by providing such Non-Lead Asset Representations Reviewer with any documents
reasonably requested by such Non-Lead Asset Representations Reviewer, but only to the extent that such documents are in the possession
of the Master Servicer, the Special Servicer, the Trustee or the Custodian, as the case may be, and are not in the possession of the Non-Lead
Asset Representations Reviewer (and the Non-Lead Asset Representations Reviewer has informed such party that it has first requested, and
not received, the documents from the master servicer, special servicer and custodian for the applicable Non-Lead Securitization).

Section 3.          Payments.
All amounts tendered by the Mortgage Loan Borrower or otherwise available for payment on or with respect to or in connection with the
Mortgage Loan or the Mortgaged Property or amounts realized as proceeds thereof, whether received in the form of Periodic Payments, the
Balloon Payment, Liquidation Proceeds, proceeds under any guaranty, letter of credit or other collateral or instrument securing the Mortgage
Loan or Insurance and Condemnation Proceeds (other than proceeds, awards or settlements that are required to be applied to the restoration
or repair of the Mortgaged Property or released to the Mortgage Loan Borrower in accordance with the terms of the Mortgage Loan Documents,
to the extent permitted by the REMIC Provisions), but excluding (x) all amounts for required reserves or escrows required by the Mortgage
Loan Documents (to the extent, in accordance with the terms of the Mortgage Loan Documents) to be held as reserves or escrows or received
as reimbursements on account of recoveries in respect of Advances then due and payable or reimbursable to the Servicer under the Servicing
Agreement and (y) all amounts that are then due, payable or reimbursable to any Servicer (excluding master servicing fees, trustee fees,
certificate administrator fees, operating advisor fees and asset representations reviewer fees, all of which shall be payable by each
of the Noteholders to such parties out of distributions made to them in respect of such Note), with respect to the Mortgage Loan pursuant
to the Servicing Agreement (such amounts contemplated by clauses (x) and (y), “Withheld Amounts”), shall
be distributed by the Master Servicer in the following order

    	 	25	 

     

    

of priority without duplication (and payments
shall be made at such times as are set forth in the Servicing Agreement):

(a)                 first,
on a Pro Rata and Pari Passu Basis, to each Noteholder in an amount equal to the accrued and unpaid interest on the Principal Balance
for each Note at the applicable Net Interest Rate;

(b)               second,
on a Pro Rata and Pari Passu Basis based on the outstanding Principal Balances of each Note, to each Noteholder in an amount equal to
the principal payments received, if any, with respect to such Payment Date with respect to the Mortgage Loan, until such Principal Balance
for each Note has been reduced to zero;

(c)                 third,
on a Pro Rata and Pari Passu Basis, to each Noteholder up to the amount of any unreimbursed costs and expenses paid by such Noteholder
including any unreimbursed trust fund expenses not previously reimbursed to such Noteholder (or paid or advanced by any Servicer on its
behalf and not previously paid or reimbursed) with respect to the Mortgage Loan pursuant to this Agreement or the Servicing Agreement;

(d)                fourth,
on a Pro Rata and Pari Passu Basis, any Prepayment Premium, to the extent paid by the Mortgage Loan Borrower, shall be paid to each Noteholder
in an amount up to its pro rata interest therein, based on the product of the applicable Percentage Interest multiplied by the applicable
Relative Spread; and

(e)              
fifth, if any excess amount is available to be distributed in respect of the Mortgage Loan, and not otherwise applied in accordance
with the foregoing clauses (a)-(d), any remaining amount shall be paid pro rata to each Noteholder in accordance with their respective
initial Percentage Interests.

All expenses and losses relating
to the Mortgage Loan and the Mortgaged Property, including without limitation losses of principal and interest, Property Protection Advances,
Advance Interest Amounts, Special Servicing Fees, Liquidation Fees and Workout Fees, Appraisal Reduction Amounts and certain other trust
expenses, shall be allocated on a Pro Rata and Pari Passu Basis. Any realized losses (including reductions by a bankruptcy court) applied
to reduce the principal balance of the Mortgage Loan shall be reimbursed on a Pro Rata and Pari Passu Basis after all amounts of interest
and principal have otherwise been paid in full on all the Notes.

Section 4.          Administration
of the Mortgage Loan.

(a)  
Subject to this Agreement (including, without limitation, Section 4(f) below) and the Servicing Agreement and consistent
with the Servicing Standard, the Lead Securitization Noteholder (or any Servicer acting on behalf of the Lead Securitization Noteholder)
shall have the sole and exclusive authority with respect to the administration of, and exercise of rights and remedies with respect to,
the Mortgage Loan, including, without limitation, the sole authority to modify or waive any of the terms of the Mortgage Loan Documents
or consent to any action or failure to act by the Mortgage Loan Borrower or any other party to the Mortgage Loan Documents, call or waive
any Event of Default, accelerate the Mortgage Loan or institute any foreclosure action or other remedy and no other Noteholder shall have
any voting, consent or other rights whatsoever with respect to the Lead Securitization Noteholder’s administration of, or exercise
of its rights and

    	 	26	 

     

    

remedies with respect to, the Mortgage Loan,
except as set forth in this Agreement and the Servicing Agreement. Subject to this Agreement and the Servicing Agreement (including, without
limitation, Section 4(f) below) and consistent with the Servicing Standard, each Non-Lead Securitization Noteholder agrees
that it shall have no right to, and hereby presently and irrevocably assigns and conveys to the Lead Securitization Noteholder (or any
Servicer acting on behalf of the Lead Securitization Noteholder) the rights, if any, that such Non-Lead Securitization Noteholder has
to (i) call or cause the Lead Securitization Noteholder to call an Event of Default under the Mortgage Loan, or (ii) exercise
any remedies with respect to the Mortgage Loan or the Mortgage Loan Borrower, including, without limitation, filing or causing the Lead
Securitization Noteholder to file any bankruptcy petition against the Mortgage Loan Borrower. The Lead Securitization Noteholder (or any
Servicer acting on behalf of the Lead Securitization Noteholder) shall not have any fiduciary duty to any Non-Lead Noteholder in connection
with the administration of the Mortgage Loan (but the foregoing shall not relieve the Lead Securitization Noteholder from the obligation
to make any disbursement of funds as set forth herein).

Upon the Mortgage Loan becoming
a Defaulted Mortgage Loan, each Non-Lead Noteholder hereby acknowledges the right and obligation of the Lead Securitization Noteholder
(or the Special Servicer acting on behalf of the Lead Securitization Noteholder) to sell each Non-Lead Note together with the Lead Securitization
Note as notes evidencing one whole loan in accordance with the terms of the Servicing Agreement. In connection with any such sale, the
Special Servicer shall be required to sell each Non-Lead Note together with the Lead Securitization Note in the manner set forth in the
Servicing Agreement and shall be required to require that all offers be submitted in writing. Whether any cash offer constitutes a fair
price for such Notes shall be determined by the Trustee or Special Servicer, as applicable, in accordance with the terms of the Lead
Securitization Servicing Agreement; provided, that no offer from an Interested Person shall constitute a fair price unless (i)
it is the highest offer received and (ii) at least two bona fide other offers are received from independent third parties. In determining
whether any offer from an Interested Person received represents a fair price for such Notes, the Trustee shall be supplied with and shall
rely on the most recent Appraisal or updated Appraisal conducted in accordance with the Servicing Agreement within the preceding nine
(9) month period or, in the absence of any such Appraisal, on a new Appraisal. The Trustee shall select the appraiser conducting any
such new Appraisal. In determining whether any such offer from an Interested Person constitutes a fair price for such Notes, the Trustee
shall instruct the appraiser to take into account (in addition to the results of any Appraisal or updated Appraisal that it may have
obtained pursuant to the Servicing Agreement), as applicable, among other factors, the period and amount of any delinquency on the affected
Notes, the occupancy level and physical condition of the related Mortgaged Property and the state of the local economy. The Trustee may
conclusively rely on the opinion of an Independent appraiser or other Independent expert in real estate matters retained by the Trustee
at the expense of the Noteholders in connection with making such determination. Notwithstanding the foregoing, the Lead Securitization
Noteholder (or the Special Servicer acting on behalf of the Lead Securitization Noteholder) shall not be permitted to sell the Non-Lead
Securitization Notes if they become a Defaulted Mortgage Loan without the written consent of each Non-Lead Securitization Noteholder
(provided that such consent is not required if such Non-Lead Securitization Noteholder is a Borrower Party) unless the Special
Servicer has delivered to such Non-Lead Securitization Noteholder: (a) at least 15 Business Days’ prior written notice of any decision
to attempt to sell the Non-Lead Securitization Notes; (b) at least 10 days prior to the proposed sale date, a copy of each bid package
(together with any material amendments to such

    	 	27	 

     

    

bid packages) received by the Special Servicer
in connection with any such proposed sale, (c) at least 10 days prior to the proposed sale date, a copy of the most recent Appraisal
for the Mortgage Loan, and any documents in the Servicing File (as defined in the Servicing Agreement) reasonably requested by the Non-Lead
Securitization Noteholder that are material to the price of the Non-Lead Securitization Notes and (d) until the sale is completed, and
a reasonable period of time (but no less time than is afforded to the other offerors and the Controlling Class Representative) prior
to the proposed sale date, all information and other documents being provided to other offerors and all leases or other documents that
are approved by the Special Servicer in connection with the proposed sale; provided, that such Non-Lead Securitization Noteholder
may waive any of the delivery or timing requirements set forth in this sentence. Subject to the terms of the Servicing Agreement, each
of the Controlling Noteholder, the Controlling Class Representative, any other Noteholder (or any controlling class representative or
directing holder on its behalf under the Non-Lead Securitization Servicing Agreement) shall be permitted to bid at any sale of the Non-Lead
Securitization Note unless such Person is a Borrower Party.

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

The authority and obligation
of the Lead Securitization Noteholder to sell each Non-Lead Note, and the obligations of each Non-Lead Noteholder to execute and deliver
instruments or deliver its Non-Lead Note upon request of the Lead Securitization Noteholder, shall terminate and cease to be of any further
force or effect upon the date, if any, upon which no Note is held in a Securitization. The preceding sentence shall not be construed to
grant to any Non-Lead Noteholder the benefit of any representation or warranty made by such seller or any document delivery obligation
imposed on such seller under any mortgage loan purchase and sale agreement, instrument of transfer or other document or instrument that
may be executed or delivered by such seller in connection with the Lead Securitization.

(b)  
The administration of the Mortgage Loan shall be governed by this Agreement and the Servicing Agreement. Each Noteholder agrees
to be bound by the terms of the Servicing Agreement. The Lead Securitization Noteholder (or the Servicer on its behalf) shall service
the Mortgage Loan in accordance with the terms of this Agreement and consistent with the Servicing Standard. Servicing of the Mortgage
Loan shall be carried out by the Master Servicer and, if the Mortgage Loan is a Specially Serviced Mortgage Loan, by the Special Servicer,
in each case pursuant to the Servicing Agreement and consistent with the Servicing Standard. Notwithstanding anything to the contrary
contained herein, in accordance with the Servicing Agreement, the Lead Securitization Noteholder shall cause the Master Servicer and the
Special Servicer to service and administer the Mortgage Loan in accordance with the Servicing Standard, taking into account the interests
of each of the Noteholders as a collective whole, and each Non-Lead Noteholder who is

    	 	28	 

     

    

not a Borrower Party shall be deemed a third
party beneficiary of such provisions of the Servicing Agreement.

(c)  
Notwithstanding anything to the contrary contained herein, but subject to the terms and conditions of the Servicing Agreement and
this Agreement (including, without limitation, Section 4(f)), if the Lead Securitization Noteholder in connection with a Workout
of the Mortgage Loan modifies the terms thereof such that (i) the unpaid principal balance of the Mortgage Loan is decreased, (ii) the
Interest Rate or scheduled amortization payments on such Mortgage Loan are reduced, (iii) payments of interest or principal on such
Mortgage Loan are waived, reduced or deferred or (iv) any other adjustment (other than an increase in the Interest Rate or increase
in scheduled amortization payments) is made to any of the terms of the Mortgage Loan, the full economic effect of all waivers, reductions
or deferrals of amounts due on the Mortgage Loan attributable to such Workout shall be borne by the Noteholders (pro rata based
on the Principal Balances of their respective Notes), in each case up to the amount otherwise due on such Note(s).

(d)  
All rights and obligations of the Lead Securitization Noteholder described hereunder may be exercised by the Servicers on behalf
of the Lead Securitization Noteholder in accordance with the Servicing Agreement and this Agreement. Each Non-Lead Noteholder shall be
provided access to any website that an investor would be permitted to access in accordance with the procedures set forth in the Servicing
Agreement, it being understood and agreed that each Non-Lead Noteholder is subject to any restrictions on the access to such websites
contained in the Servicing Agreement.

(e)  
If any Note is included as an asset of a REMIC, any provision of this Agreement to the contrary notwithstanding: (i) the Mortgage
Loan shall be administered such that the Notes shall each qualify at all times as (or as interests in) a “qualified mortgage”
within the meaning of Section 860G(a)(3) of the Code, (ii) any real property (and related personal property) acquired by or on behalf
of the Noteholders pursuant to a foreclosure, exercise of a power of sale or delivery of a deed in lieu of foreclosure of the Mortgage
or lien on such property following a default on the Mortgage Loan shall be administered so that the interests of the Noteholders therein
shall at all times qualify as “foreclosure property” within the meaning of Section 860G(a)(8) of the Code and (iii) no
Servicer may modify, waive or amend any provision of the Mortgage Loan, consent to or withhold consent from any action of the Mortgage
Loan Borrower, or exercise or refrain from exercising any powers or rights which the Noteholders may have under the Mortgage Loan Documents,
if any such action would constitute a “significant modification” of the Mortgage Loan, within the meaning of Section 1.860G-2(b)
of the regulations of the United States Department of the Treasury, more than three months after the earliest startup day of any REMIC
which includes the Lead Securitization Note (or any portion thereof). The Noteholders agree that the provisions of this Section 4(e)
shall be effected by compliance by the Lead Securitization Noteholder or its assignees with this Agreement or the Servicing Agreement
or any other agreement which governs the administration of the Mortgage Loan or the Lead Securitization Noteholder’s interests therein.
All costs and expenses of compliance with this Section 4(e), to the extent that such costs and expenses relate to administration
of a REMIC or to any determination respecting the amount, payment or avoidance of any tax under the REMIC Provisions or the actual payment
of any REMIC tax or expense, shall be borne by each Noteholder with respect to the REMIC containing the Note owned by such Noteholder.

    	 	29	 

     

    

Anything herein or in the
Servicing Agreement to the contrary notwithstanding, in the event that a Note is included in a REMIC and the other Notes are not, the
other Noteholders shall not be required to reimburse such Noteholder that deposited its Note in the REMIC or any other Person for payment
of (i) any Taxes imposed on such REMIC, (ii) any costs or expenses relating to the administration of such REMIC or to any determination
respecting the amount, payment or avoidance of any tax under such REMIC or (iii) any advances for any of the foregoing or any interest
thereon or for deficits in other items of disbursement or income resulting from the use of funds for payment of any such Taxes, costs
or expenses or advances, nor shall any disbursement or payment otherwise distributable to either such other Noteholder be reduced to offset
or make-up any such payment or deficit.

(f)   
(i)Subject to clause (ii) or (iii) below, with respect to any consent, modification, amendment or waiver under
or other action in respect of the Mortgage Loan (whether or not a Servicing Transfer Event has occurred and is continuing) that would
constitute a Major Decision, the Servicer shall provide the Controlling Noteholder with at least ten (10) Business Days (or, in the case
of a determination of an Acceptable Insurance Default, 20 days) prior notice requesting consent to the requested Major Decision. The Servicer
shall not take any action with respect to such Major Decision (or make a determination not to take action with respect to such Major Decision),
unless and until the Special Servicer receives the written consent of the Controlling Noteholder before implementing a decision with respect
to such Major Decision.

(ii)         If
the Lead Securitization Noteholder (or the Servicer acting on its behalf) has not received a response from the Controlling Noteholder
with respect to such Major Decision within five (5) Business Days after delivery of the notice of a Major Decision, the Lead Securitization
Noteholder (or the Special Servicer acting on its behalf) shall deliver an additional copy of the notice of a Major Decision in all caps
bold 14-point font: “THIS IS A SECOND NOTICE. FAILURE TO RESPOND WITHIN FIVE (5) BUSINESS DAYS OF THIS SECOND NOTICE WILL RESULT
IN A LOSS OF YOUR RIGHT TO CONSENT WITH RESPECT TO THIS DECISION.” and if the Controlling Noteholder fails to respond to the Lead
Securitization Noteholder (or the Special Servicer acting on its behalf) with respect to any such proposed action within five (5) Business
Days after receipt of such second notice, the Controlling Noteholder, as applicable, shall have no further consent rights with respect
to the specific action set forth in such notice. Notwithstanding the foregoing, or if a failure to take any such action at such time would
be inconsistent with the Servicing Standard, the Servicer may take actions with respect to such Mortgaged Property before obtaining the
consent of the Controlling Noteholder if the Servicer reasonably determines in accordance with the Servicing Standard that failure to
take such actions prior to such consent would materially and adversely affect the interest of the Noteholders as a collective whole, and
the Servicer has made a reasonable effort to contact the Controlling Noteholder. The foregoing shall not relieve the Lead Securitization
Noteholder (or a Servicer acting on its behalf) of its duties to comply with the Servicing Standard.

(iii)        Notwithstanding
the foregoing, the Lead Securitization Noteholder (or any Servicer acting on its behalf) shall not follow any advice or consultation provided
by the Controlling Noteholder that would require or cause the Lead Securitization Noteholder (or any Servicer acting on its behalf) to
violate any applicable law, including the REMIC Provisions, be inconsistent with the Servicing Standard, require or cause the Lead Securitization
Noteholder (or any Servicer acting on its behalf) to violate provisions of this Agreement or the Servicing

    	 	30	 

     

    

Agreement, require or cause the Lead Securitization
Noteholder (or any Servicer acting on its behalf) to violate the terms of the Mortgage Loan, or materially expand the scope of any Lead
Securitization Noteholder’s (or any Servicer acting on its behalf) responsibilities under this Agreement or the Servicing Agreement.

The Special Servicer shall
be required to provide copies to each Non-Controlling Noteholder of any notice, information and report that is required to be provided
to the Controlling Noteholder pursuant to the Servicing Agreement with respect to any Major Decisions, or the implementation of any recommended
actions outlined in an Asset Status Report, within the same time frame such notice, information and report is required to be provided
to the Controlling Noteholder, and at any time the Controlling Noteholder is the Lead Securitization Noteholder, the Special Servicer
shall be required to consult with each Non-Lead Securitization Noteholder on a strictly non-binding basis, to the extent having received
such notices, information and reports, any Non-Lead Securitization Noteholder requests consultation with respect to any such Major Decisions
or the implementation of any recommended actions outlined in an Asset Status Report, and consider alternative actions recommended by such
Non-Lead Securitization Noteholder; provided that after the expiration of a period of ten (10) Business Days from the delivery
to any Non-Controlling Noteholder by the Special Servicer of written notice of a proposed action, together with copies of the notice,
information and reports, the Special Servicer shall no longer be obligated to consult with such Non-Lead Securitization Noteholders, whether
or not such Non-Lead Securitization Noteholders have responded within such ten (10) Business Day period.

The Noteholders acknowledge
that the Lead Securitization Servicing Agreement may contain certain provisions that give the Operating Advisor certain non-binding consultation
rights with respect to Major Decisions related to compliance with the Risk Retention Rules applicable to the Lead Securitization.

(g)  
The Master Servicer or Special Servicer shall obtain Appraisals that meet the requirements of, and at the times required pursuant
to, the terms of the Servicing Agreement.

(h)  
Notwithstanding anything to the contrary contained herein or in the Servicing Agreement, if at any time a Borrower Party is a Noteholder,
then (i) such Borrower Party shall not have any rights as a Controlling Noteholder or a Controlling Class Representative, (ii) such Borrower
Party shall have no right to appoint or terminate the Master Servicer or Special Servicer, (iii) such Borrower Party shall have no right
to consult with or advise the Master Servicer or Special Servicer, and shall have no right to review and approve or comment on any Asset
Status Report and (iv) in each and every instance where, pursuant to this Agreement or the Servicing Agreement, the Master Servicer or
Special Servicer must take into account the interests of each Noteholder (or words of similar import), such consideration shall be given
to the Borrower Party only in its capacity as a holder of the applicable Note.

Section 5.         Special
Servicer. The Controlling Noteholder, at its expense (including, without limitation, the reasonable costs and expenses of counsel
to any third parties and costs and expenses of the terminated Special Servicer), shall have the right, at any time from time to time,
to appoint a replacement Special Servicer with respect to the Mortgage Loan. The Controlling Noteholder shall be entitled to terminate
the rights and obligations of the Special Servicer under the Servicing Agreement, with or without cause, upon at least ten (10) Business

    	 	31	 

     

    

Days’ prior written notice to the Special
Servicer (provided, however, that the Controlling Noteholder shall not be liable for any termination or similar fee in connection with
the removal of the Special Servicer in accordance with this Section 5); such termination not be effective unless and until
(A) each Rating Agency delivers a Rating Agency Confirmation (to the extent any portion of the Mortgage Loan has been securitized); (B)
the initial or successor Special Servicer has assumed in writing (from and after the date such successor Special Servicer becomes the
Special Servicer) all of the responsibilities, duties and liabilities of the Special Servicer under the Servicing Agreement from and after
the date it becomes the Special Servicer as they relate to the Mortgage Loan pursuant to an assumption agreement reasonably satisfactory
to the Trustee; and (C) the Trustee shall have received an opinion of counsel reasonably satisfactory to the Trustee to the effect that
(x) the designation of such replacement to serve as Special Servicer is in compliance with the Servicing Agreement, (y) such replacement
will be bound by the terms of the Servicing Agreement with respect to such Mortgage Loan and (z) subject to customary qualifications and
exceptions, the applicable Servicing Agreement will be enforceable against such replacement in accordance with its terms. The Lead Securitization
Noteholder shall promptly provide copies to any terminated Special Servicer of the documents referred to in the preceding sentence. The
Lead Securitization Noteholder will reasonably cooperate with the Controlling Noteholder in order to satisfy the foregoing conditions,
including the Rating Agency Confirmation.

The Controlling Noteholder
agrees and acknowledges that the Lead Securitization Servicing Agreement may contain provisions such that any Special Servicer could be
terminated under the Lead Securitization Servicing Agreement based on a recommendation by the Operating Advisor if (A) the Operating Advisor
determines, in its sole discretion exercised in good faith, that (1) the Special Servicer has failed to comply with the Servicing Standard
and (2) a replacement of the Special Servicer would be in the best interest of the holders of securities issued under the Lead Securitization
Servicing Agreement (as a collective whole) and (B) an affirmative vote of requisite certificateholders is obtained. The Controlling Noteholder
will retain its right to remove and replace the Special Servicer, but the Controlling Noteholder may not restore a Special Servicer that
has been removed in accordance with the preceding sentence.

Section 6.         Payment
Procedure.

(a)  
The Lead Securitization Noteholder (or the Servicer on its behalf), in accordance with the priorities set forth in Section 3
and subject to the terms of the Servicing Agreement, will deposit or cause to be deposited all payments allocable to the Notes to the
Collection Account or Companion Distribution Account for the Notes established pursuant to the Servicing Agreement. The Lead Securitization
Noteholder (or the Servicer on its behalf) shall establish a segregated sub-account for amounts due to each Noteholder. The Lead Securitization
Noteholder (or the Servicer acting on its behalf) shall deposit such amounts to the applicable account within two (2) Business Days following
the Lead Securitization Noteholder’s (or the Servicer’s acting on its behalf) receipt of properly identified and available
funds from or on behalf of the Mortgage Loan Borrower.

(b)  
If the Lead Securitization Noteholder (or the Servicer on its behalf) determines, or a court of competent jurisdiction orders,
at any time that any amount received or collected in respect of a Note must, pursuant to any insolvency, bankruptcy, fraudulent conveyance,
preference or similar law, be returned to the Mortgage Loan Borrower or paid to such Noteholder or any

    	 	32	 

     

    

Servicer or paid to any other Person, then,
notwithstanding any other provision of this Agreement, a Lead Securitization Noteholder (or the Servicer on its behalf) shall not be required
to distribute any portion thereof to such Noteholder and such Noteholder will promptly on demand by the Lead Securitization Noteholder
(or the Servicer on its behalf) repay to the Lead Securitization Noteholder (or the Servicer on its behalf) any portion thereof that the
Lead Securitization Noteholder (or the Servicer on its behalf) shall have theretofore distributed to such Noteholder, together with interest
thereon at such rate, if any, as the Lead Securitization Noteholder shall have been required to pay to the Mortgage Loan Borrower, the
Master Servicer, Special Servicer, any other Noteholder or such other Person with respect thereto.

(c)  
If, for any reason, the Lead Securitization Noteholder (or the Servicer on its behalf) makes any payment to any other Noteholder
before the Lead Securitization Noteholder (or the Servicer on its behalf) has received the corresponding payment (it being understood
that the Lead Securitization Noteholder (or the Servicer on its behalf) is under no obligation to do so), and the Lead Securitization
Noteholder (or the Servicer on its behalf) does not receive the corresponding payment within three (3) Business Days of its payment to
such other Noteholder, then such other Noteholder will, at the Lead Securitization Noteholder’s (or the Servicer’s on its
behalf) request, promptly return that payment to the Lead Securitization Noteholder (or the Servicer on its behalf).

(d)  
Each Noteholder agrees that if at any time it shall receive from any sources whatsoever any payment on account of the Mortgage
Loan in excess of its distributable share thereof, it will promptly remit such excess to the Lead Securitization Noteholder (or the Servicer
on its behalf) subject to this Agreement and the Servicing Agreement and to be distributed pursuant to the terms of this Agreement. The
Lead Securitization Noteholder (or the Servicer on its behalf) shall have the right to offset any amounts due hereunder from any other
Noteholder, as applicable, with respect to the Mortgage Loan against any future payments due to such other Noteholder, as applicable,
under the Mortgage Loan, provided, that each Noteholder’s obligations under this Section 6 are separate and distinct
obligations from one another and in no event shall the Lead Securitization Noteholder (or the Servicer on its behalf) enforce the obligations
of one Noteholder against another Noteholder. Each Noteholder’s obligations under this Section 6 constitute absolute,
unconditional and continuing obligations.

Section 7.         Limitation
on Liability of the Noteholders. No Noteholder (including any Servicer on a Noteholder’s behalf, but only to the extent that
the Servicing Agreement does not impose any other standard upon any Servicer, in which case the Servicing Agreement shall control) shall
have any liability to any other Noteholder except with respect to losses actually suffered due to the gross negligence, willful misconduct
or breach of this Agreement on the part of such Noteholder.

Each Noteholder acknowledges
that, subject to the terms and conditions hereof, any other Noteholder may exercise, or omit to exercise, any rights that such Noteholder
may have under this Agreement and the Servicing Agreement in a manner that may be adverse to the interests of each other Noteholder and
that such Noteholder shall have no liability whatsoever to any other Noteholder in connection with such Noteholder’s exercise of
rights or any omission by such Noteholder to exercise such rights; provided, however, that such Noteholder shall not be
protected

    	 	33	 

     

    

against any liability to any other Noteholder
that would otherwise be imposed by reason of willful misfeasance, bad faith or negligence.

Section 8.         Bankruptcy.
Subject to the provisions of Section 4(f) hereof and the Servicing Standard, each Noteholder hereby covenants and agrees
that only the Lead Securitization Noteholder (or the Servicer on its behalf) has the right to institute, file, commence, acquiesce, petition
under Bankruptcy Code Section 303 or otherwise or join any Person in any such petition or otherwise invoke or cause any other
Person to invoke an Insolvency Proceeding with respect to or against the Mortgage Loan Borrower or seek to appoint a receiver, liquidator,
assignee, trustee, custodian, sequestrator or other similar official with respect to the Mortgage Loan Borrower or all or any part of
its property or assets or ordering the winding-up or liquidation of the affairs of the Mortgage Loan Borrower. Subject to the provisions
of Section 4(f) hereof and the Servicing Standard, each Noteholder further agrees that only the Lead Securitization Noteholder,
as a creditor, can make any election, give any consent, commence any action or file any motion, claim, obligation, notice or application
or take any other action in any case by or against the Mortgage Loan Borrower under the Bankruptcy Code or in any other Insolvency Proceeding.
Subject to the provisions of Section 4(f), the Noteholders hereby appoint the Lead Securitization Noteholder as their agent,
and grant to the Lead Securitization Noteholder an irrevocable power of attorney coupled with an interest, and their proxy, for the purpose
of exercising any and all rights and taking any and all actions available to the Controlling Noteholder in connection with any case by
or against the Mortgage Loan Borrower under the Bankruptcy Code or in any other Insolvency Proceeding, including, without limitation,
the right to file and/or prosecute any claim, vote to accept or reject a plan, to make any election under Section 1111(b) of the
Bankruptcy Code with respect to the Mortgage Loan, and to file a motion to modify, lift or terminate the automatic stay with respect
to the Mortgage Loan. The Noteholders, hereby agree that, upon the request of the Lead Securitization Noteholder but subject to the provisions
of Section 4(f), each other Noteholder shall execute, acknowledge and deliver to the Lead Securitization Noteholder all
and every such further deeds, conveyances and instruments as the Lead Securitization Noteholder may reasonably request for the better
assuring and evidencing of the foregoing appointment and grant. All actions taken by any Servicer in connection with any Insolvency Proceeding
are subject to and must be in accordance with the Servicing Standard.

Section 9.          Representations
of each Initial Noteholder.

Each Initial Noteholder represents
and warrants that the execution, delivery and performance of this Agreement is within its corporate powers, has been duly authorized by
all necessary corporate action, and does not contravene such Noteholder’s charter or any law or contractual restriction binding
upon such Noteholder and that this Agreement is the legal, valid and binding obligation of such Noteholder as applicable enforceable against
it in accordance with its terms. Each Initial Noteholder represents and warrants that it is duly organized, validly existing, in good
standing and possession of all licenses and authorizations necessary to carry on its respective business. Each Initial Noteholder represents
and warrants that (a) this Agreement has been duly executed and delivered by such Noteholder, (b) to such Noteholder’s actual knowledge,
all consents, approvals, authorizations, orders or filings of or with any court or governmental agency or body, if any, required for the
execution, delivery and performance of this Agreement by such Noteholder have been obtained or made and (c) to such Noteholder’s
actual knowledge, there is no pending action, suit or proceeding, arbitration or governmental investigation against such

    	 	34	 

     

    

Noteholder, an adverse outcome of which would
materially and adversely affect its performance under this Agreement.

Each Initial Noteholder acknowledges
that no other Noteholder owes such Noteholder any fiduciary duty with respect to any action taken under the Mortgage Loan Documents and,
except as provided herein or in the Servicing Agreement, need not consult with such Noteholder with respect to any action taken by such
Noteholder in connection with the Mortgage Loan.

Section 10.       Independent
Analysis of the Noteholder. Each Noteholder acknowledges that it has, independently and without reliance upon any Initial Noteholder,
except with respect to the representations and warranties provided by an Initial Noteholder herein and in any documents or instruments
executed and delivered by the such Initial Noteholder in connection herewith (including the representations and warranties provided in
the agreement pursuant to which it acquired its Note), and based on such documents and information as it has deemed appropriate, made
its own credit analysis and decision to purchase such Note and such Noteholder accepts responsibility therefor. Each Noteholder hereby
acknowledges that, other than the representations and warranties provided herein and in such other documents or instruments, no Initial
Noteholder has made any representations or warranties with respect to the Mortgage Loan, subject to such representations and warranties
as provided by such Initial Noteholder herein and in such other documents and instruments, and that no Initial Noteholder shall have
any responsibility for (i) the collectibility of the Mortgage Loan, (ii) the validity, enforceability or legal effect of any of the Mortgage
Loan Documents or the title insurance policy or policies or any survey furnished or to be furnished to an Initial Noteholder in connection
with the origination of the Mortgage Loan, (iii) the validity, sufficiency or effectiveness of the lien created or to be created by the
Mortgage Loan Documents, or (iv) the financial condition of the Mortgage Loan Borrower. Each Noteholder assumes all risk of loss in connection
with its Note except as specifically set forth herein.

Section 11.       No
Creation of a Partnership or Exclusive Purchase Right. Nothing contained in this Agreement, and no action taken pursuant hereto shall
be deemed to constitute the relationship created hereby between or among any of the Noteholders as a partnership, association, joint
venture or other entity. None of the Noteholders shall have any obligation whatsoever to offer to any other Noteholder the opportunity
to purchase a Note interest in any future loans originated by such Noteholder or its Affiliates, and if such Noteholder chooses to offer
to any other Noteholder the opportunity to purchase a Note interest in any future mortgage loans originated by the such Noteholder or
their respective Affiliates, such offer shall be at such purchase price and interest rate as the offering Noteholder chooses, in its
sole and absolute discretion. No Noteholder shall have any obligation whatsoever to purchase from any other Noteholder an interest in
any future loans originated by such Noteholder or their respective Affiliates.

Section 12.       Not
a Security. No Note shall be deemed to be a security within the meaning of the Securities Act of 1933 or the Securities Exchange
Act of 1934.

Section 13.       Other
Business Activities of the Noteholders. Each Noteholder acknowledges that each other Noteholder or its Affiliates may make loans
or otherwise extend credit to, and generally engage in any kind of business with, (i) (a) the Mortgage Loan Borrower

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or (b) any direct or indirect parent of the
Mortgage Loan Borrower or (c) any Affiliate of the Mortgage Loan Borrower or (d) any Affiliate of any direct or indirect parent of the
Mortgage Loan Borrower, (ii) any entity that is a holder of debt secured by direct or indirect ownership interests in the Mortgage Loan Borrower
or any Affiliate of the holder of such debt, or (iii) any entity that is a holder of a preferred equity interest in the Mortgage Loan Borrower
or any Affiliate of a holder of such preferred equity, and receive payments on such other loans or extensions of credit to any of the
foregoing and otherwise act with respect thereto freely and without accountability in the same manner as if this Agreement and the transactions
contemplated hereby were not in effect.

Section 14.      Sale
of the Notes.

(a)  
Each Noteholder agrees that it will not Transfer all or any portion of its Note except in accordance with this Section 14.
Each Noteholder agrees it shall not Transfer more than 49% (in the aggregate) of its beneficial interest in its Note, except to a Qualified
Institutional Lender, unless (i) prior to a Securitization of any Note, the other Noteholders have consented to such Transfer, in which
case the related transferee (and its Affiliates) shall thereafter be deemed to be a “Qualified Institutional Lender” for all
purposes under this Agreement, (ii) after a Securitization of any Note, a Rating Agency Confirmation has been received with respect to
such Transfer, in which case the related transferee shall thereafter be deemed to be a “Qualified Institutional Lender” for
all purposes under this Agreement, or (iii) such Transfer is in connection with a sale by a Securitization Trust; provided that if such
Transfer is a Transfer of the Lead Securitization Note, such Transfer is to a Qualified Institutional Lender. With respect to any Transfers
pursuant to (i) or (ii) above (except with respect to a Transfer to a Securitization Trust) such transferee must (x) assume in writing
the obligations of the transferring Noteholder hereunder and agree to be bound by the terms and provisions of this Agreement and, if applicable,
the Servicing Agreement and (y) remake each of the representations and warranties contained herein for the benefit of the other Noteholders.
Notwithstanding the foregoing, without the non-transferring Noteholder’s prior consent (which will not be unreasonably withheld),
and, if such non transferring Noteholder’s Note is in a Securitization, without a Rating Agency Confirmation from each Rating Agency
that has been engaged by the Depositor to rate the securities issued in connection with such Securitization, no Noteholder shall Transfer
all or any portion of its Note to a Borrower Party and any such Transfer shall be absolutely null and void and shall vest no rights in
the purported transferee. None of the provisions of this Section 14(a) shall apply in the case of a sale of all of the Notes
together, in accordance with the terms and conditions of the Lead Securitization Servicing Agreement.

(b)  
Except for a Transfer made in connection with a Securitization, or a Transfer made by a Noteholder to an Affiliate, at least five
(5) days prior to a transfer of any Note, the transferring Noteholder shall provide to the other Noteholders and, if any Securitization
Trust is are outstanding, to the Rating Agencies, a certification that such transfer will be made in accordance with this Section 14,
such certification to include (1) the name and contact information of the transferee and (2) if applicable, a certification by the transferee
that it is a Qualified Institutional Lender.

(c)  
In the case of any sale, assignment, transfer or other disposition of a participation interest in a Note, (i) such Noteholder’s
obligations under this Agreement shall remain unchanged, (ii) such Noteholder shall remain solely responsible for the performance
of

    	 	36	 

     

    

such obligations, (iii) the other Noteholders
and any Persons acting on their behalf shall continue to deal solely and directly with such Noteholder in connection with such Noteholder’s
rights and obligations under this Agreement and the Servicing Agreement, and (iv) all amounts payable hereunder shall be determined as
if such Noteholder had not sold such participation interest; provided, however, that if the applicable participant is a
Qualified Institutional Lender (and delivers to the other Noteholders a certification from an authorized officer confirming its status
as a Qualified Institutional Lender), such Noteholder, by written notice to the other Noteholders, may delegate to such participant such
Noteholder’s right to exercise the rights of the Controlling Noteholder hereunder and under the Servicing Agreement.

(d)  
The Noteholders acknowledge and agree that, to the extent specifically required, any Rating Agency Confirmation may be granted
or denied by the Rating Agencies in their sole and absolute discretion and that such Rating Agencies may charge the transferring Noteholder
customary fees in connection with providing such Rating Agency Confirmation.

(e)  
Notwithstanding any other provision hereof, any Noteholder may pledge (a “Pledge”) its Note to any entity (other
than the Mortgage Loan Borrower or any Affiliate thereof) which has extended a credit or repurchase facility to such Noteholder and that
is either a Qualified Institutional Lender or a financial institution whose long-term unsecured debt is rated at least “A”
(or the equivalent) or better by each Rating Agency (a “Note Pledgee”), on terms and conditions set forth in this Section 14(e),
it being further agreed that a financing provided by a Note Pledgee to a Noteholder or any person which Controls such Noteholder that
is secured by such Noteholder’s interest in the applicable Note and is structured as a repurchase arrangement, shall qualify as
a “Pledge” hereunder, provided that a Note Pledgee which is not a Qualified Institutional Lender may not take title
to the pledged Note without (a) prior to the first Securitization of any Note, the consent of each other Noteholder and (b) after the
closing of the first Securitization of any Note, Rating Agency Confirmation. Upon written notice by the applicable Noteholder to each
other Noteholder and any Servicer that a Pledge has been effected (including the name and address of the applicable Note Pledgee), each
other Noteholder agrees to acknowledge receipt of such notice and thereafter agrees: (i) to give Note Pledgee written notice of any
default by the pledging Noteholder in respect of its obligations under this Agreement of which default such Noteholder has actual knowledge;
(ii) to allow such Note Pledgee a period of ten (10) Business Days to cure a default by the pledging Noteholder in respect of
its obligations to each other Noteholder hereunder, but such Note Pledgee shall not be obligated to cure any such default; (iii) that
no amendment, modification, waiver or termination of this Agreement shall be effective against such Note Pledgee without the written consent
of such Note Pledgee, which consent shall not be unreasonably withheld, conditioned or delayed; (iv) that such other Noteholder shall
give to such Note Pledgee copies of any notice of default under this Agreement simultaneously with the giving of same to the pledging
Noteholder and accept any cure thereof by such Note Pledgee which such pledging Noteholder has the right (but not the obligation) to effect
hereunder, as if such cure were made by such pledging Noteholder; (v) that such other Noteholder shall deliver to Note Pledgee such
estoppel certificate(s) as Note Pledgee shall reasonably request, provided that any such certificate(s) shall be in a form reasonably
satisfactory to such other Noteholder; and (vi) that, upon written notice (a “Redirection Notice”) to each other
Noteholder and any Servicer by such Note Pledgee that the pledging Noteholder is in default, beyond any applicable cure periods, under
the pledging Noteholder’s obligations to such Note Pledgee pursuant to the applicable credit agreement between the pledging Noteholder
and such Note Pledgee (which notice need not be

    	 	37	 

     

    

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

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

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

(ii)           The
Conduit Credit Enhancer and conduit manager (if Moody’s rates the Securitization) will be a Qualified Institutional Lender;

(iii)          Such
Noteholder will pledge (or sell, transfer or assign as part of a repurchase facility) its interest in the applicable Note to the Conduit
as collateral for the Conduit Inventory Loan;

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

    	 	38	 

     

    

(v)            Unless the Conduit is in fact then a Qualified Institutional Lender, the Conduit will not, without obtaining the consent of each
other Noteholder, have any greater right to acquire the interests in the Note pledged by such Noteholder, by foreclosure or otherwise,
than would any other purchaser that is not a Qualified Institutional Lender at a foreclosure sale conducted by a Note Pledgee.

Section 15.       Registration
of Transfer. In connection with any Transfer of a Note (but excluding (x) any participant and (y) any Note Pledgee unless and until
it realizes on its Pledge), a transferee shall execute an assignment and assumption agreement whereby such transferee assumes all of
the obligations of the applicable Noteholder hereunder with respect to such Note thereafter accruing and agrees to be bound by the terms
of this Agreement, including the restriction on Transfers set forth in Section 14, from and after the date of such assignment.
Notwithstanding the preceding sentence, a Trustee shall not be required to execute an assignment and assumption agreement in connection
with any Transfer of a Note if the obligations are assumed pursuant to the Servicing Agreement. In connection with a Transfer of a Note,
the Agent shall not recognize any attempted or purported transfer of any Note in violation of the provisions of Section 14
and this Section 15. Any such purported transfer shall be absolutely null and void and shall vest no rights in the
purported transferee. Each Noteholder desiring to effect such transfer shall, and does hereby agree to, indemnify the Agent and any other
Noteholder against any liability that may result if the transfer is not made in accordance with the provisions of this Agreement. Upon
a Securitization of the Lead Securitization Note, the Certificate Administrator shall automatically become and be the Agent.

Section 16.       Registration
of the Notes. The Agent shall keep or cause to be kept at the Agent Office books (the “Note Register”) for the
registration and transfer of the Notes. The Agent shall serve as the initial Note registrar and the Agent hereby accepts such appointment.
The names and addresses of the holders of the Notes and the names and addresses of any transferee of any Note of which the Agent has
received notice, in the form of a copy of the assignment and assumption agreement referred to in Section 15, and the principal
amounts (and stated interest) of the Note owing to each such Noteholder, shall be registered in the Note Register. The Person in whose
name a Note is so registered shall be deemed and treated as the sole owner and holder thereof for all purposes of this Agreement, except
in the case of the Initial Noteholders who may hold their Notes through a nominee. Upon request of a Noteholder, the Agent shall provide
such party with the names and addresses of the Noteholders. To the extent another party is appointed as Agent hereunder, the Noteholders
hereby designate such person as its agent under this Section 16 solely for purposes of maintaining the Note Register. The
parties intend for the Notes to be in registered form for federal income tax purposes under Section 5f.103-1(c) of the United
States Treasury Regulations.

Section 17.      Statement
of Intent. The Agent and each Noteholder intend that the Notes be classified, and the arrangement hereby be maintained, in a manner
consistent with rules applicable to a grantor trust under subpart E, part I of subchapter J of chapter 1 of the Code that is a fixed
investment trust within the meaning of Treasury Regulation §301.7701-4(c), and the parties will not take any action inconsistent
with such classification. It is neither the purpose nor the intent of this Agreement to create a partnership, joint venture, “taxable
mortgage pool” or association taxable as a corporation among the parties.

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Section 18.      No
Pledge. This Agreement shall not be deemed to represent a pledge of any interest in the Mortgage Loan by the Noteholders. Except
as otherwise provided in this Agreement and the Servicing Agreement, no Non-Lead Noteholder shall have any interest in any property taken
as security for the Mortgage Loan, provided, however, that if any such property or the proceeds of any sale, lease or other
disposition thereof shall be received, then each Non-Lead Noteholder shall be entitled to receive its share of such application in accordance
with the terms of this Agreement and/or the Servicing Agreement.

Section 19.      Governing
Law; Waiver of Jury Trial. THIS AGREEMENT AND ANY CLAIM, CONTROVERSY OR DISPUTE ARISING UNDER OR RELATED TO THIS AGREEMENT, THE RELATIONSHIP
OF THE PARTIES TO THIS AGREEMENT, AND/OR THE INTERPRETATION AND ENFORCEMENT OF THE RIGHTS AND DUTIES OF THE PARTIES TO THIS AGREEMENT
SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS AND DECISIONS OF THE STATE OF NEW YORK, WITHOUT REGARD TO THE
CHOICE OF LAW RULES THEREOF. EACH OF THE PARTIES HEREBY IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM
ARISING OUT OF OR RELATING TO THIS AGREEMENT.

Section 20.      Submission
to Jurisdiction; Waivers. Each party hereto hereby irrevocably and unconditionally:

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

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

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

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

    	 	40	 

     

    

Section 21.      Modifications;
Amendment. This Agreement shall not be modified, cancelled or terminated except by an instrument in writing signed by each Noteholder.
Additionally, for as long as any Note is contained in a Securitization Trust, the Noteholders shall not amend or modify this Agreement
without first receiving a Rating Agency Confirmation; provided that no such confirmation from the Rating Agencies shall be required
in connection with a modification or amendment (i) to cure any ambiguity, to correct or supplement any provisions herein that may be
defective or inconsistent with any other provisions herein or with the Servicing Agreement, (ii) entered into pursuant to Section 32
of this Agreement or (iii) to correct or supplement any provision herein that may be defective or inconsistent with any other provisions
of this Agreement.

Section 22.      Successors
and Assigns; Third Party Beneficiaries. This Agreement shall inure to the benefit of and be binding upon the parties hereto and their
respective successors and permitted assigns. Except as provided herein, none of the provisions of this Agreement shall be for the benefit
of or enforceable by any Person not a party hereto. Subject to Section 14, each Noteholder may assign or delegate its rights
or obligations under this Agreement. Upon any such assignment, the assignee shall be entitled to all rights and benefits of the applicable
Noteholder hereunder, including, without limitation, the right to make further assignments and grant additional Notes.

Section 23.      Counterparts.
This Agreement may be executed in any number of counterparts and all of such counterparts shall together constitute one and the same
instrument. Delivery of an executed counterpart of a signature page of this Agreement in Portable Document Format (PDF) or by facsimile
transmission shall be effective as delivery of a manually executed original counterpart of this Agreement.

Section 24.      Captions.
The titles and headings of the paragraphs of this Agreement have been inserted for convenience of reference only and are not intended
to summarize or otherwise describe the subject matter of the paragraphs and shall not be given any consideration in the construction
of this Agreement.

Section 25.      Severability.
Wherever possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid under applicable
law, but if any provision of this Agreement shall be prohibited by or invalid under applicable laws, such provision shall be ineffective
to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of
this Agreement.

Section 26.      Entire
Agreement. This Agreement constitutes the entire agreement among the parties hereto with respect to the subject matter contained
in this Agreement and supersedes all prior agreements, understandings and negotiations between the parties.

Section 27.       Custody
of Mortgage Loan Documents. The originals of all of the Mortgage Loan Documents (other than the Notes) will be held by the Lead Securitization
Noteholder (or a custodian acting on behalf of the Lead Securitization Noteholder) who shall act as secured party under the Mortgage
Loan Documents on behalf of the registered holders of the Notes. Notwithstanding anything to the contrary in this Agreement, upon the
Lead Securitization, the originals of all of the Mortgage Loan Documents (other than the Notes) shall be held by the

    	 	41	 

     

    

Custodian. Each Note shall be held by the respective
Noteholder or a custodian appointed by such Noteholder.

Section 28.      Notices.
All notices required hereunder shall be given by (i) writing and personally delivered, (ii) sent by facsimile transmission (during business
hours) if a party has provided a facsimile number, (iii) reputable overnight delivery service (charges prepaid), (iv) sent by electronic
mail containing language requesting the recipient to confirm receipt thereof if a party has provided an electronic mail address and only
if such electronic mail is promptly followed by a written notice or (v) certified United States mail, postage prepaid return receipt
requested, and addressed to the respective parties at their addresses set forth on Exhibit B hereto, or at such other address
as any party shall hereafter inform the other party by written notice given as aforesaid. All written notices so given shall be deemed
effective upon receipt.

All notices and reports (including,
without limitation, Asset Status Reports) required to be delivered hereunder by the Lead Securitization Noteholder (or any Servicer on
its behalf) to the Controlling Noteholder shall also be delivered by the applicable party to each other Noteholder.

Section 29.      Broker.
Each Noteholder represents to each other Noteholder that no broker was responsible for bringing about this transaction.

Section 30.      Certain
Matters Affecting the Agent.

(a)  
The Noteholders hereby appoint the Agent to act on their behalf, and the Agent shall act on behalf of the Noteholders;

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

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

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

(e)  
The Agent or any of its directors, officers, employees, Affiliates, agents or “control” persons within the meaning
of the Securities Act, shall not be personally liable for any action taken, suffered or omitted by it in good faith and reasonably believed
by the Agent to be authorized or within the discretion or rights or powers conferred upon it by this Agreement;

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

    	 	42	 

     

    

(g)  
 The Agent may execute any of the powers hereunder or perform any duties hereunder either directly or by or through agents or attorneys
but shall not be relieved of its obligations hereunder.

Section 31.       Termination
of Agent. The Agent may be terminated at any time upon ten (10) days prior written notice from the Lead Securitization Noteholder.
In the event that the Agent is terminated pursuant to this Section 31, all of its rights and obligations under this Agreement
shall be terminated, other than any rights or obligations that accrued prior to the date of such termination.

The Agent may resign at any
time upon notice, so long as a successor Agent, reasonably satisfactory to the Noteholders, has agreed to be bound by this Agreement and
perform the duties of the Agent hereunder. GSBI, as Initial Agent, may transfer its rights and obligations to a Servicer, as successor
Agent, at any time without the consent of any Noteholder. GSBI, as Initial Agent, shall promptly and diligently attempt to cause such
Servicer to act as successor Agent, and, if such Servicer declines to act in such capacity, shall promptly and diligently attempt to cause
a similar servicer to act as successor Agent. Notwithstanding the foregoing, the Noteholders hereby agree that, simultaneously with the
closing of the Lead Securitization, the Certificate Administrator shall be deemed to have been automatically appointed as the successor
Agent under this Agreement in place of the Initial Agent or any successor thereto prior to such Securitization without any further notice
or other action. The termination or resignation of the Certificate Administrator, as Certificate Administrator under the Servicing Agreement,
shall be deemed a termination or resignation of such Certificate Administrator as Agent under this Agreement.

Section 32.      Resizing.
In connection with the Mortgage Loan, each Noteholder agrees, subject to clause (iii) below, that if a Noteholder determines that
it is advantageous to resize its Note by causing the Mortgage Loan Borrower to execute amended and restated or additional pari passu
notes (in either case, “New Notes”) reallocating the principal of such Note to such New Notes, each Noteholder other
than the resizing Noteholder shall cooperate with the resizing Noteholder to effect such resizing at such resizing Noteholder’s
expense; provided that (i) the aggregate principal balance of all outstanding New Notes following the creation thereof is no greater
than the principal balance of such Note or Notes immediately prior to the creation of the New Notes, (ii) the weighted average Interest
Rate of all outstanding New Notes following the creation thereof is the same as the Interest Rate of the related Note or Notes immediately
prior to the creation of the New Notes, and (iii) no such resizing shall (x) change the interest allocable to, or the amount
of any payments due to, any other Noteholder, or priority of such payments, or (y) increase any other Noteholder’s obligations
or decrease any other Noteholder’s rights, remedies or protections. In connection with any resizing of a Note, the related Noteholder
may allocate its rights hereunder among the New Notes in any manner in its sole discretion.

Section 33.       Conflict.
To the extent of any inconsistency between the Servicing Agreement, on one hand, and this Agreement, on the other, this Agreement shall
control.

[SIGNATURE PAGE FOLLOWS]

    	 	43	 

     

    

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

	 	 
	 	 
	 	GOLDMAN SACHS BANK USA, as Initial Note 

A-1 Holder and Initial Agent
	 	 
	 	 
	 	By:	/s/ Leah Nivision
	 	 	Name: Leah Nivision
	 		Title: Authorized Signatory
	 	 	 
	 	 	 
	 	GOLDMAN SACHS BANK USA, as Initial Note
    
	 	 	A-2 Holder and Initial Agent
	 	 	 
	 	 	 
	 	By:	/s/ Leah Nivision
	 	 	Name: Leah Nivision
	 		Title: Authorized Signatory
	 	 
	 	 
	 	GOLDMAN SACHS BANK USA, as Initial Note
    
	 	 	A-3 Holder and Initial Agent
	 	 	 
	 	 	 
	 	By:	/s/ Leah Nivision
	 	 	Name: Leah Nivision
	 		Title: Authorized Signatory

 

    	 	BMARK 2022-B32 – AGREEMENT BETWEEN NOTEHOLDERS (WOODMORE TOWNE CENTRE)	 

     

    

EXHIBIT A

MORTGAGE LOAN SCHEDULE

A.       Description of Mortgage
Loan:

 

	Mortgage
    Loan Agreement:	Loan
    Agreement, dated as of December 23, 2021, between UE Woodmore TC LLC and UE Woodmore TC II LLC, as borrower, and Goldman Sachs Bank
    USA, as lender.
	Mortgage
    Loan Borrower:	UE
    Woodmore TC LLC and UE Woodmore TC II LLC
	Date
    of the Mortgage Loan:	December
    23, 2021
	Initial
    Principal Amount of Mortgage Loan:	$117,200,000
	Location
    of Mortgaged Property:	Glenarden,
    MD
	Stated
    Maturity Date:	Payment
    Date in January 2032

B.       Description of Note
Interests: Each Note shall have the initial Principal Balance, Percentage Interest and initial rate of interest set forth in the table
below.

	Note
    Designation
	Initial

    Interest Rate
	

    Percentage Interest
	Original
    Principal Balance

	Note A-1	3.3900%	63.99%	$75,000,000.00
	Note A-2	3.3900%	33.33%	$39,066,667.67
	Note A-3	3.3900%	2.67%	$3,133,333.33
	 	 	 	 

 

    	 	A-1	 

     

    

EXHIBIT B

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

Goldman Sachs Bank USA

200 West Street

New York, New York 10282

Attention: Leah Nivison

Email: leah.nivison@gs.com and gs-refgsecuritization@gs.com

with a copy to:

Goldman Sachs Bank USA

200 West Street

New York, New York 10282

Attention: Joe Osborne

Email: joe.osborne@gs.com and gs-refglegal@gs.com

 

and:

 

Cadwalader, Wickersham & Taft LLP

200 Liberty Street

New York, New York 10281

Attention: Lisa Pauquette, Esq.

Facsimile No.: (212) 504-6666

E-mail: lisa.pauquette@cwt.com

 

    	 	B-1	 

     

    

EXHIBIT C

PERMITTED FUND MANAGERS

		1.	Westbrook Partners

		2.	DLJ Real Estate Capital Partners

		3.	iStar Financial Inc.

		4.	Capital Trust, Inc.

		5.	Lend-Lease Real Estate Investments

		6.	Archon Capital, L.P.

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

		8.	The Blackstone Group International Ltd.

		9.	Apollo Real Estate Advisors

		10.	Colony Capital, Inc.

		11.	Praedium Group

		12.	J.E. Roberts Companies

		13.	Fortress Investment Group, LLC

		14.	Lonestar Opportunity Fund

		15.	Clarion Partners

		16.	Walton Street Capital, LLC

		17.	Starwood Financial Trust

		18.	BlackRock, Inc.

		19.	Rialto Capital Management, LLC

		20.	Raith Capital Partners, LLC

		21.	Rialto Capital Advisors LLC

		22.	Teachers Insurance and Annuity Association of America

		23.	Principal Real Estate Investors, LLC

		24.	Metropolitan Life Insurance Company

		25.	New York Life Insurance Company

 

 

    	 	C-1Exhibit 4.15

EXECUTION VERSION

 

 

Novo Nordisk North American HQ

AMENDED AND RESTATED CO-LENDER AGREEMENT

Dated as of February 16, 2022

between

MIDLAND LOAN SERVICES, A DIVISION OF PNC BANK,
NATIONAL ASSOCIATION, AS MASTER SERVICER ON BEHALF OF WILMINGTON TRUST, NATIONAL ASSOCIATION, AS TRUSTEE, FOR THE BENEFIT OF THE REGISTERED
HOLDERS OF BENCHMARK 2021-B31 MORTGAGE TRUST, COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2021-B31, AND THE UNCERTIFICATED VRR
INTEREST OWNERS

(Note A-1 Holder)

DBR INVESTMENTS CO. LIMITED

(Note A-2 Holder)

DBR INVESTMENTS CO. LIMITED

(Note A-3-1 Holder)

DBR INVESTMENTS CO. LIMITED

(Note A-3-2 Holder)

DBR INVESTMENTS CO. LIMITED

(Note A-4-1 Holder)

and

DBR INVESTMENTS CO. LIMITED

(Note A-4-2 Holder)

 

 

     

     

    

TABLE OF CONTENTS

Page

	1.	Definitions; Conflicts.	2
	2.	Servicing of the Mortgage Loan.	17
	3.	Priority of  Notes.	19
	4.	Workout.	20
	5.	Accounts; Payment Procedure.	20
	6.	Limitation on Liability.	21
	7.	Representations of the Holders.	21
	8.	Independent Analyses of each Holder.	22
	9.	No Creation of a Partnership or Exclusive Purchase Right.	22
	10.	Not a Security.	22
	11.	Other Business Activities of the Holders.	22
	12.	Transfer of Notes.	22
	13.	Exercise of Remedies by the Servicer.	24
	14.	Rights of the Directing Holder.	26
	15.	Appointment of Special Servicer.	28
	16.	Rights of the Non-Directing Holders.	28
	17.	Advances; Reimbursement of Advances.	29
	18.	Provisions Relating to Securitization.	30
	19.	Governing Law; Waiver of Jury Trial.	38
	20.	Modifications.	38
	21.	Successors and Assigns; Third Party Beneficiaries.	39
	22.	Counterparts.	39
	23.	Captions.	39
	24.	Notices.	39
	25.	Custody of Mortgage Loan Documents/ Mortgagee of Record.	39

 

    -i- 

     

    

THIS AMENDED AND RESTATED
CO-LENDER AGREEMENT (the “Agreement”), dated as of February 16, 2022, is between MIDLAND LOAN SERVICES, A DIVISION
OF PNC BANK, NATIONAL ASSOCIATION, AS MASTER SERVICER ON BEHALF OF WILMINGTON TRUST, NATIONAL ASSOCIATION, AS TRUSTEE, FOR THE BENEFIT
OF THE REGISTERED HOLDERS OF BENCHMARK 2021-B31 MORTGAGE TRUST, COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2021-B31, AND THE
UNCERTIFICATED VRR INTEREST OWNERS, and DBR INVESTMENTS CO. LIMITED, an Exempted Company incorporated in the Cayman Islands
(“DBRI”), having an address at 1 Columbus Circle, New York, New York 10019, as Note A-1 Holder, DBRI as Note A-2
Holder, DBRI as Note A-3-1 Holder, DBRI as Note A-3-2 Holder, DBRI as Note A-4-1 Holder and DBRI as Note A-4-2 Holder.

W I T N E S E T H:

WHEREAS, DBRI has made
a mortgage loan in the original principal amount of $210,667,000 (the “Mortgage Loan”) to PRINCETON HD OWNER LLC, a
Delaware limited liability company (the “Borrower”), pursuant to a loan agreement between the Borrower, as borrower,
and DBRI, as lender, dated as of November 5, 2021 (the “Loan Agreement”), which was originally evidenced, inter
alia, by (i) a promissory note in the original principal amount of $75,000,000 (“Note A-1”) made by the Borrower
in favor of DBRI, (ii) a promissory note in the original principal amount of $47,500,000 (“Note A-2”) made by the Borrower
in favor of DBRI, (iii) a promissory note in the original principal amount of $25,000,000 (“Note A-3”) made by the
Borrower in favor of DBRI and (iv) a promissory note in the original principal amount of $63,167,000 (“Note A-4”) made
by the Borrower in favor of DBRI, each secured by a first mortgage (as amended, modified or supplemented, the “Mortgage”)
on the property known as Novo Nordisk North American HQ, located in Plainsboro, New Jersey (the “Mortgaged Property”);

WHEREAS, (i) Note A-3 has
been split and replaced by two promissory notes, a promissory note with an outstanding principal amount of $12,500,000 (“Note
A-3-1”) and a promissory note with an outstanding principal amount of $12,500,000 (“Note A-3-2”), and (ii)
Note A-4 will be split and replaced by two promissory notes, a promissory note with an outstanding principal amount of $41,000,000 (“Note
A-4-1”) and a promissory note with an outstanding principal amount of $22,167,000 (“Note A-4-2”, collectively
with Note A-1, Note A-2, Note A-3-1, Note A-3-2 and Note A-4-1, the “Notes”, and each a “Note”)

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

WHEREAS, the parties hereto
desire to enter into this Agreement to memorialize the terms under which they, and their successors and assigns, shall hold Note A-1,
Note A-2, Note A-3-1, Note A-3-2, Note A-4-1 and Note A-4-2, respectively;

     

     

    

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

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

“Accelerated Mezzanine
Loan” shall mean any mezzanine loan (secured by a pledge of the direct (or indirect) equity interests in the Mortgagor) related
to the Mortgage Loan if such mezzanine loan either (i) has been accelerated, or (ii) is the subject of foreclosure proceedings against
the related collateral for such mezzanine loan.

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

“Advance”
shall mean any P&I Advance or Property Advance made with respect to any of the Notes, the Mortgage Loan or the Mortgaged Property
pursuant to the Note A-1 PSA, Note A-2 PSA, Note A-3-1 PSA, Note A-3-2 PSA, Note A-4-1 PSA and Note A-4-2 PSA.

“Affiliate”
shall mean, (i) prior to the occurrence of the Lead Securitization, with respect to any specified Person, (a) any other Person controlling
or controlled by or under common control with such specified Person (each, a “Common Control Party”), (b) any
other Person owning, directly or indirectly, ten percent (10%) or more of the beneficial interests in such Person or (c) any other
Person in which such Person or a Common Control Party owns, directly or indirectly, ten percent (10%) or more of the beneficial interests
(and, for the purposes of the definition in this clause (i), “control” when used with respect to any specified Person means
the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities,
by contract, relation to individuals or otherwise, and the terms “controlling” and “controlled” have meanings
correlative to the foregoing), and (ii) following the occurrence of the Lead Securitization, shall have the meaning assigned thereto in
the Lead Securitization Servicing Agreement.

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

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

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

“Borrower Party”
shall mean (i) prior to the occurrence of the Lead Securitization, either (a) the Borrower, the Mortgagor or the manager of the Mortgaged
Property

    -2-

     

    

or any Affiliate of any of the foregoing or
(b) a holder or beneficial owner of any Accelerated Mezzanine Loan or any Affiliate of any of the foregoing, and (ii) following the occurrence
of the Lead Securitization, shall have the meaning assigned to the term “Borrower Restricted Party” or “Borrower Party”,
as applicable, in the Lead Securitization Servicing Agreement.

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

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

“Certificate Administrator”
shall mean the certificate administrator under the Lead Securitization Servicing Agreement.

“Certificate Administrator
Fees” shall have the meaning given to such term or an analogous term in the Note A-1 PSA, Note A-2 PSA, Note A-3-1 PSA, Note
A-3-2 PSA, Note A-4-1 PSA or Note A-4-2 PSA.

“Certificates”
shall mean any securities issued in connection with the Note A-1 Securitization, the Note A-2 Securitization, the Note A-3-1 Securitization,
the Note A-3-2 Securitization, the Note A-4-1 Securitization or the Note A-4-2 Securitization.

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

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

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

“Commission”
shall have the meaning assigned to such term in Section 18(b)(ix).

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

“Custodian”
shall mean the custodian under the Lead Securitization Servicing Agreement.

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

    -3-

     

    

“Defaulted Mortgage
Loan” shall mean the Mortgage Loan in the event that the Mortgage Loan is delinquent at least 60 days in respect of its Monthly
Payments or more than 60 days in respect of its balloon payment, in either case to be determined without giving effect to any grace
period permitted by the Mortgage Loan Documents and without regard to any acceleration of payments under the Mortgage Loan Documents.

“Depositor”
shall mean (i) with respect to the Note A-1 Securitization, the depositor under the Note A-1 PSA, (ii) with respect to
the Note A-2 Securitization, the depositor under the Note A-2 PSA, (iii) with respect to the Note A-3-1 Securitization,
the depositor under the Note A-3-1 PSA, (iv) with respect to the Note A-3-2 Securitization, the depositor under the Note A-3-2
PSA, (v) with respect to the Note A-4-1 Securitization, the depositor under the Note A-4-1 PSA and (vi) with respect to the
Note A-4-2 Securitization, the depositor under the Note A-4-2 PSA.

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

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

“Exchange Act”
shall mean the Securities Exchange Act of 1934, as amended.

“Excluded Amounts”
shall mean:

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

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

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

provided, however, that Excluded Amounts shall
not include (A) any amounts received in respect of any P&I Advances (and interest thereon), (B) any “servicing fee”
due to the Master Servicer under the Servicing Agreement in respect of the Mortgage Loan (or any portion thereof) other than the Servicing
Fee and (C) any Trustee Fees, Certificate Administrator Fees or Operating Advisor Fees.

    -4-

     

    

“First Securitization”
shall mean the Securitization with the earliest Securitization Date.

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

“Hazardous Materials”
shall mean any dangerous, toxic or hazardous pollutants, chemicals, wastes, or substances, including, without limitation, those so identified
pursuant to the Comprehensive Environmental Response, Compensation, and Liability Act, 42 U.S.C. § 9601 et seq., or any
other environmental laws now existing, and specifically including, without limitation, asbestos and asbestos-containing materials, polychlorinated
biphenyls (“PCBs”), radon gas, petroleum and petroleum products, urea formaldehyde and any substances classified as
being “in inventory,” “usable work in process” or similar classification which would, if classified as unusable,
be included in the foregoing definition.

“Holder”
shall mean each of the Note A-1 Holder, the Note A-2 Holder, the Note A-3-1 Holder, the Note A-3-2 Holder, the Note A-4-1 Holder and the
Note A-4-2 Holder.

“Initial Note Holder”
shall mean each of the Note A-1 Holder, the Note A-2 Holder, the Note A-3-1 Holder, the Note A-3-2 Holder, the Note A-4-1 Holder and the
Note A-4-2 Holder named on the cover page hereof.

“Intervening Trust
Vehicle” shall mean, with respect to any Securitization Vehicle that is a CLO, a trust vehicle or entity which holds Note A-1,
Note A-2, Note A-3-1, Note A-3-2, Note A-4-1 or Note A-4-2 as collateral securing (in whole or in part) any obligation or security held
by such Securitization Vehicle as collateral for the CLO.

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

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

“Lead Note”
shall mean each Note held by the Lead Securitization.

“Lead Note Holder”
shall mean the Holder of the Lead Note(s).

“Lead Securitization”
shall mean the Note A-1 Securitization; provided, that in the event the Note A-1 Securitization is not the First Securitization,
then from and after the closing date of the First Securitization until the Note A-1 Securitization Date, the Lead Securitization shall
be the First Securitization.

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

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

“Lead Securitization
Servicing Agreement” shall mean the PSA executed and delivered in connection with the Lead Securitization.

    -5-

     

    

“Lead Servicer”
shall mean the servicer and/or special servicer designated under the Lead Securitization Servicing Agreement.

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

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

“Loan Combination
Custodial Account” shall mean the “Loan Combination Custodial Account” or analogous account established for the
Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

“Major Decision”
shall have the meaning given to such term or any analogous term in the Lead Securitization Servicing Agreement; provided that, at any
time that none of Note A-1, Note A-2, Note A-3-1, Note A-3-2, Note A-4-1 or Note A-4-2 is included in the Lead Securitization, “Major
Decision” shall mean, any of the following,

(i)       any
proposed or actual foreclosure upon or comparable conversion (which may include acquisitions of an REO Property) of the ownership of properties
securing the Mortgage Loan as come into and continue in default;

(ii)       any
modification, consent to a modification or waiver of a monetary term or material non-monetary term (including, without limitation, the
timing of payments and acceptance of discounted payoffs but excluding Penalty Charges) of the Mortgage Loan or any extension of the Maturity
Date of the Mortgage Loan;

(iii)       any
sale of the Defaulted Mortgage Loan or REO Property (other than in connection with the termination of the Lead Securitization Trust) for
less than the applicable Repurchase Price (as defined in the Servicing Agreement);

(iv)       any
determination to bring an REO Property into compliance with applicable environmental laws or to otherwise address Hazardous Materials
located at an REO Property;

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

(vi)       any
waiver of a “due-on-sale” or “due-on-encumbrance” clause with respect to the Mortgage Loan or any consent to such
waiver or consent to a transfer of the Mortgaged Property or interests in the Borrower or consent to the incurrence of additional debt,
other than any such transfer or incurrence of debt as may be effected without the consent of the lender under the Loan Agreement;

(vii)       any
property management company changes (with respect to the Mortgage Loan (i) with an unpaid principal balance greater than $2,500,000 or
(ii) where the successor property manager is affiliated with the Borrower) or franchise changes with

    -6-

     

    

respect to the Mortgage Loan for which
the lender is required to consent or approve under the Mortgage Loan Documents;

(viii)       releases
of any escrows, reserve accounts or letters of credit held as performance escrows or reserves other than those required pursuant to the
specific terms of the Mortgage Loan Documents and for which there is no material lender discretion;

(ix)       any
acceptance of an assumption agreement releasing the Borrower from liability under the Mortgage Loan other than pursuant to the specific
terms of the Mortgage Loan Documents and for which there is no lender discretion;

(x)       any
determination of an Acceptable Insurance Default;

(xi)       the
determination of the Special Servicer to transfer the Mortgage Loan to special servicing due to an imminent default;

(xii)       any
acceleration of the Mortgage Loan following a default or an event of default or any initiation of judicial, bankruptcy or similar proceedings
under the Mortgage Loan Documents or with respect to the Borrower or Mortgaged Property; and

(xiii)       any
modification, waiver or amendment of an intercreditor agreement, co-lender agreement, participation agreement or similar agreement with
any mezzanine lender, holder of a Note or other subordinate debt holder related to the Mortgage Loan, or an action to enforce rights with
respect thereto, in each case, in a manner that materially and adversely affects the holders of the Lead Note.

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

“Master Servicer
Remittance Date” shall mean, with respect to each Non-Lead Note, (i) prior to the related Non-Lead Securitization, the “master
servicer remittance date” as such term is defined in the applicable Servicing Agreement, and (ii) from and after the related Non-Lead
Securitization, the earlier of (x) the “master servicer remittance date” as such term is defined in the Lead Securitization
Servicing Agreement, and (y) the business day following the related Non-Lead Securitization Determination Date, in each case above in
this definition as long as such date is at least one Business Day after the Monthly Payment Date (as defined in the Loan Agreement).

For the avoidance of doubt,
any late collections received by the Master Servicer after the related due date under the Mortgage Loan shall be remitted by the Master
Servicer in accordance with Section 18(b)(x) below.

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

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

    -7-

     

    

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

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

“Mortgage Interest
Rate” shall mean the Mortgage Interest Rate set forth in the Mortgage Loan Schedule with respect to each of Note A-1, Note A-2,
Note A-3-1, Note A-3-2, Note A-4-1 and Note A-4-2.

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

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

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

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

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

“Non-Directing Holder”
shall mean the Holder(s) of more than a fifty percent (50%) percentage interest in any Note other than Note A-1, and if such Note has
been included in a Securitization, the holders of Certificates representing the specified interest in the class of Certificates designated
as the “controlling class” or the duly appointed representative of the holders of such Certificates or such other party otherwise
entitled under each Non-Lead Securitization Servicing Agreement to exercise the rights granted to the related Non-Directing Holder
in this Agreement. If a Non-Lead Note is not in a Securitization, the Non-Directing Holder with respect to such Note will be the then-current
Holder of such Note.

“Non-Lead Asset
Representations Reviewer” shall mean the party acting as “asset representations reviewer” (within the meaning of
Item 1101(m) of Regulation AB) under a related Non-Lead Securitization Servicing Agreement.

“Non-Lead Certificate
Administrator” shall mean the applicable certificate administrator or other analogous term under any Non-Lead Securitization
Servicing Agreement.

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

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

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

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“Non-Lead Note Holders”
shall mean each Holder other than (a) the Lead Note Holder or (b) a Holder of any Note that is not the Lead Note but is held by the Lead
Securitization.

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

“Non-Lead Securitization
Determination Date” shall mean the “determination date” (or any term substantially similar thereto) as defined in
the related Non-Lead Securitization Servicing Agreement.

“Non-Lead Securitization
Servicing Agreement” shall mean each PSA that is not the Lead Securitization Servicing Agreement.

“Non-Lead Securitization
Trust” shall mean any Securitization Trust that holds a Non-Lead Securitization Note.

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

“Non-Lead Sponsor”
shall mean, with respect to any Non-Lead Note, the related Holder that acts as the sponsor with respect to such Non-Lead Note in connection
with the related Non-Lead Securitization.

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

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

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

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

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

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

“Note A-1 Securitization”
shall mean the first sale by the Note A-1 Holder of all or a portion of Note A-1 to a depositor who will in turn include all
or such portion of Note A-1 (as applicable) as part of the securitization of one or more mortgage loans.

“Note A-1 Securitization
Date” shall mean the closing date of the Note A-1 Securitization.

    -9-

     

    

“Note A-1 Trust
Fund” shall mean the trust formed pursuant to the Note A-1 PSA.

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

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

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

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

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

“Note A-2 Securitization
Date” shall mean the closing date of the Note A-2 Securitization.

“Note A-2 Trust
Fund” shall mean the trust formed pursuant to the Note A-2 PSA.

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

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

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

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

“Note A-3-1
Securitization” shall mean the first sale by the Note A-3-1 Holder of all or a portion of Note A-3-1 to a depositor
who will in turn include all or such portion of Note A-3-1 (as applicable) as part of the securitization of one or more mortgage
loans.

“Note A-3-1 Securitization
Date” shall mean the closing date of the Note A-3-1 Securitization.

“Note A-3-1
Trust Fund” shall mean the trust formed pursuant to the Note A-3-1 PSA.

“Note A-3-2”
shall have the meaning assigned such term in the recitals.

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“Note A-3-2 Holder”
shall mean DBRI or any subsequent holder of Note A-3-2.

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

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

“Note A-3-2 Securitization”
shall mean the first sale by the Note A-3-2 Holder of all or a portion of Note A-3-2 to a depositor who will in turn include all or such
portion of Note A-3-2 (as applicable) as part of the securitization of one or more mortgage loans.

“Note A-3-2 Securitization
Date” shall mean the closing date of the Note A-3-2 Securitization.

“Note A-3-2 Trust
Fund” shall mean the trust formed pursuant to the Note A-3-2 PSA.

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

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

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

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

“Note A-4-1 Securitization”
shall mean the first sale by the Note A-4-1 Holder of all or a portion of Note A-4-1 to a depositor who will in turn include all or such
portion of Note A-4-1 (as applicable) as part of the securitization of one or more mortgage loans.

“Note A-4-1 Securitization
Date” shall mean the closing date of the Note A-4-1 Securitization.

“Note A-4-1 Trust
Fund” shall mean the trust formed pursuant to the Note A-4-1 PSA.

“Note A-4-2”
shall have the meaning assigned such term in the recitals.

“Note A-4-2 Holder”
shall mean DBRI or any subsequent holder of Note A-4-2.

“Note A-4-2 Principal
Balance” shall mean, at any time of determination, the initial Note A-4-2 Principal Balance as set forth in the Mortgage Loan
Schedule, less any

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payments of principal thereon received by the
Note A-4-2 Holder and any reductions in such amount pursuant to Section 4.

“Note A-4-2 PSA”
shall mean the “pooling and servicing agreement” entered into in connection with the Note A-4-2 Securitization.

“Note A-4-2 Securitization”
shall mean the first sale by the Note A-4-2 Holder of all or a portion of Note A-4-2 to a depositor who will in turn include all or such
portion of Note A-4-2 (as applicable) as part of the securitization of one or more mortgage loans.

“Note A-4-2 Securitization
Date” shall mean the closing date of the Note A-4-2 Securitization.

“Note A-4-2 Trust
Fund” shall mean the trust formed pursuant to the Note A-4-2 PSA.

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

“Operating Advisor”
shall mean each operating advisor under the Lead Securitization Servicing Agreement.

“Operating Advisor
Fees” shall have the meaning given to such term or an analogous term in each of the Note A-1 PSA, Note A-2 PSA, Note A-3-1 PSA,
Note A-3-2 PSA, Note A-4-1 PSA and Note A-4-2 PSA.

“P&I Advance”
shall mean an advance made by a party to the Note A-1 PSA, Note A-2 PSA, Note A-3-1 PSA, Note A-3-2 PSA, Note A-4-1 PSA and Note A-4-2
PSA, as applicable, with respect to a delinquent monthly debt service payment on the Notes included in the related Securitization.

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

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

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

“Property Advance”
shall mean an advance made in respect of property protection expenses or expenses incurred to protect, preserve and enforce the security
for the Mortgage

    -12-

     

    

Loan or to pay taxes and assessments or insurance
premiums with respect to the Mortgaged Property.

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

“PSA”
shall mean each of the Note A-1 PSA, Note A-2 PSA, Note A-3-1 PSA, Note A-3-2 PSA, Note A-4-1 PSA and Note A-4-2 PSA.

“Qualified Servicer”
shall mean (i) Wells Fargo Bank, National Association, (ii) Midland Loan Services, a Division of PNC Bank, National Association,
(iii) KeyBank National Association or (iv) any nationally recognized commercial mortgage loan servicer (1) rated at least
“CSS3,” in the case of a special servicer, or at least “CMS2,” in the case of a master servicer, by Fitch, (2) on
the S&P Select Servicer List as a U.S. Commercial Mortgage Master Servicer or a U.S. Commercial Mortgage Special Servicer, as applicable,
(3) as to which neither Moody’s nor KBRA has cited servicing concerns of such servicer as the sole or material factor in any
qualification, downgrade or withdrawal of the ratings (or placement on “watch status” in contemplation of a ratings downgrade
or withdrawal) of securities in any CMBS transaction rated by Moody’s or KBRA, as applicable, and serviced by such servicer prior
to the time of determination, and (4) that is then currently acting as servicer in a CMBS transaction rated by DBRS Morningstar and as
to which DBRS Morningstar has not cited servicing concerns of such servicer as the sole or material factor in any qualification, downgrade
or withdrawal of the ratings (or placement on “watch status” in contemplation of a ratings downgrade or withdrawal) of any
securities issued in such transaction that are rated by DBRS Morningstar. For purposes of this definition, for so long as any Note is
included in a Securitization, the ratings or actions of any Rating Agency that is not rating such Securitization(s) shall not be considered.

“Qualified Transferee”
shall mean an Affiliate of DBRI, or one or more of the following (other than any Borrower Party):

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

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

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1933, as amended, which regularly engages
in the business of making or owning investments of types similar to the Mortgage Loan; or

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

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

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

(vi)       an
investment fund, limited liability company, limited partnership or general partnership in which a Permitted Fund Manager acts as the general
partner, managing member, or the fund manager responsible for the day to day management and operation of such investment vehicle, provided
that greater than fifty percent (50%) of the equity interests in such investment vehicle are owned, directly or indirectly, by one or
more entities that are otherwise Qualified Transferees;

which, in the case of each of clauses (i),
(ii), and (iii) of this definition, has at least $650,000,000 in total assets (in name or under management) and (except with respect to
a pension advisory firm or similar fiduciary) at least $250,000,000 in capital/statutory surplus or shareholders’ equity, and is
regularly engaged in the business of making or owning commercial real estate loans or commercial loans similar to the Mortgage Loan.

“Qualified Trustee”
shall mean (i) a corporation, national bank, national banking association or a trust company, organized and doing business under
the laws of any state or the United States of America, authorized under such laws to exercise corporate trust powers and to accept the
trust conferred, having a combined capital and surplus of at least $100,000,000 and subject to supervision or examination by federal or
state authority or (ii) an institution whose long-term senior unsecured debt is then rated in one of the top three rating categories
of each of the Rating Agencies.

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“Rating Agencies”
shall mean DBRS Morningstar, Fitch, KBRA, Moody’s and S&P and their respective successors in interest or, if any of such entities
shall for any reason no longer perform the functions of a securities rating agency, any other nationally recognized statistical rating
agency reasonably designated by any Holder to rate the securities issued in connection with the Securitization of the related Note; provided,
however, that, unless specified otherwise, at any time during which any Note is an asset of a Securitization, “Rating Agencies”
or “Rating Agency” shall mean only those rating agencies that are engaged by the applicable Depositor from time to
time to rate the securities issued in connection with such Securitization.

“Rating Agency Confirmation”
shall mean each of the applicable Rating Agencies shall have confirmed in writing that the occurrence of the event with respect to which
such Rating Agency Confirmation is sought shall not result in a downgrade, qualification or withdrawal of the applicable rating or ratings
ascribed by such Rating Agency to any of the Certificates then outstanding. In the event that no Certificates are outstanding, any action
that would otherwise require a Rating Agency Confirmation shall require the consent of the Directing Holder (unless it is a Borrower Party),
which consent shall not be unreasonably withheld, conditioned or delayed.

For the purposes of this
Agreement, if any Rating Agency (1) waives, declines or refuses, in writing, to review or otherwise engage any request for a confirmation
hereunder from such Rating Agency that a proposed action will not result in a qualification, downgrade or withdrawal of its then current
rating of the securities issued pursuant to the related Securitization, or (2) does not reply to such request or responds in a manner
that indicates that such Rating Agency is neither reviewing such request nor waiving the requirement for Rating Agency Confirmation and
the related timing, notice and other applicable provisions set forth in the Note A-1 PSA, Note A-2 PSA, Note A-3-1 PSA, Note A-3-2 PSA,
Note A-4-1 PSA and Note A-4-2 PSA have been satisfied, then for such request only, the condition that such confirmation by such Rating
Agency (only) be obtained will be deemed not to apply for purposes of this Agreement. For purposes of clarity, any such waiver, declination
or refusal to review or otherwise engage in any request for such confirmation hereunder shall not be deemed a waiver, declination or refusal
to review or otherwise engage in any subsequent request for such Rating Agency Confirmation hereunder and the condition for such Rating
Agency Confirmation pursuant to this Agreement for any subsequent request shall apply regardless of any previous waiver, declination or
refusal to review or otherwise engage in such prior request.

“Regulation AB”
shall mean Subpart 229.1100 – Asset Backed Securities (Regulation AB), 17 C.F.R. §§229.1100-229.1125, as such rules
may be amended from time to time, and subject to such clarification and interpretation as have been or may hereafter be from time to time
provided by the Commission or by the staff of the Commission, in each case as effective from time to time as of the compliance dates specified
therein.

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

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

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

“S&P”
shall mean S&P Global Ratings and its successors in interest.

“Securitization”
shall mean each of the Note A-1 Securitization, the Note A-2 Securitization, the Note A-3-1 Securitization, the Note A-3-2 Securitization,
the Note A-4-1 Securitization and the Note A-4-2 Securitization, as applicable.

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

“Securitization
Servicing Agreement” shall mean the Lead Securitization Servicing Agreement or any Non-Lead Securitization Servicing Agreement,
as the context may require.

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

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

“Servicer Termination
Event” shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement or at any time that the Mortgage
Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, any analogous concept under the servicing
agreement pursuant to which the Mortgage Loan is being serviced in accordance with the terms of this Agreement.

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

“Servicing Fee”
shall mean a fee that (i) shall accrue a rate per annum (expressed, for the purposes of this Agreement, as a percentage of the aggregate
of the Note A-1 Principal Balance, the Note A-2 Principal Balance, the Note A-3-1 Principal Balance, the Note A-3-2 Principal Balance,
the Note A-4-1 Principal Balance and the Note A-4-2 Principal Balance as of the date of determination) equal to the Servicing Fee Rate
and shall be computed for the same period and on the same interest accrual basis respecting which any interest payment due or deemed due
on the Mortgage Loan is computed and prorated for partial periods and (ii) shall be payable to the Master Servicer for primary servicing
the Mortgage Loan.

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“Servicing Fee Rate”
shall mean a rate per annum equal to the “primary servicing fee rate” set forth in the “mortgage loan schedule”
attached to the Servicing Agreement.

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

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

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

“Special Servicing
Fee” shall have the meaning given to such term or an analogous term in the Servicing Agreement; provided that under no circumstances
shall the Special Servicing Fee exceed 0.2500% per annum (25 basis points) of the outstanding principal balance of the Mortgage Loan,
subject to any applicable minimum Special Servicing Fee set forth in the Lead Securitization Servicing Agreement.

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

“Transfer”
shall mean any assignment, pledge, conveyance, sale, transfer, mortgage, encumbrance, grant of a security interest, issuance of a participation
interest, or other disposition, either directly or indirectly, by operation of law or otherwise.

“Trust Fund”
shall mean each of the Note A-1 Trust Fund, the Note A-2 Trust Fund, the Note A-3-1 Trust Fund, the Note A-3-2 Trust Fund, the Note A-4-1
Trust Fund and the Note A-4-2 Trust Fund.

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

“Trustee Fee”
shall have the meaning given to such term or an analogous term in each of the Note A-1 PSA, Note A-2 PSA, Note A-3-1 PSA, Note A-3-2 PSA,
Note A-4-1 PSA and Note A-4-2 PSA.

2.   Servicing of the Mortgage
Loan. (a) Each Holder acknowledges and agrees that, subject in each case to the specific terms of this Agreement, the Mortgage
Loan shall be serviced (i) prior to the Lead Securitization Date, under interim servicing arrangements as directed by the Note A-1 Holder
and (ii) from and after the Lead Securitization Date, by the Master Servicer and the Special Servicer pursuant to the Servicing Agreement.

(b)       Subject
to the terms and conditions of this Agreement, each Holder hereby irrevocably and unconditionally consents to the appointment of the Master
Servicer and the Trustee under the Servicing Agreement by the Lead Depositor and the appointment of the

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

(c)       If,
at any time the Lead Note is no longer in a Securitization, the Lead Note Holder shall cause the Mortgage Loan to be serviced pursuant
to a servicing agreement that is substantially similar to the Servicing Agreement (and, if any Non-Lead Note is in a Securitization,
a Rating Agency Confirmation from the Rating Agencies that were engaged by the related Depositor to rate such Securitization shall be
obtained) and all references herein to the “Servicing Agreement” shall mean such subsequent Servicing Agreement; provided,
however, that the Notes that were held by the Lead Securitization shall continue to be considered as the Lead Note; provided
further, however, that unless otherwise agreed to by the holder of the Lead Note, the master servicer under such subsequent
servicing agreement shall not be required to make any P&I Advance in respect of such Note; provided, however, that until a replacement
Servicing Agreement has been entered into (and such Rating Agency Confirmation has been obtained), the Lead Note Holder shall cause the
Mortgage Loan to be serviced pursuant to the provisions of the Servicing Agreement to which the Lead Note was subject (excluding, however,
any obligation to make any P&I Advances in respect of the Lead Note except as specifically agreed to by the Servicer, and provided
that the Servicer’s right to reimbursement for Property Advances as set forth in Section 17 shall remain in effect), as if such
Servicing Agreement was still in full force and effect with respect to the Mortgage Loan; provided, further, however, that until a replacement
Servicing Agreement is in place, the actual servicing of the Mortgage Loan may be performed by any Qualified Servicer appointed by the
Lead Note Holder and does not have to be performed by the service providers set forth under the Servicing Agreement that was previously
in effect.

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

(e)       The
Holders acknowledge that the Servicer is to comply with this Agreement, the Servicing Agreement and the Mortgage Loan Documents in connection
with the servicing of the Mortgage Loan.

(f)       If
any Note is included as an asset of a real estate mortgage investment conduit (a “REMIC”), within the meaning of Section 860D(a)
of the Code, then, any provision of this Agreement to the contrary notwithstanding: (i) the Mortgage Loan shall be administered

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

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

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

The Servicing Agreement shall
provide for the application of Penalty Charges paid in respect of the Mortgage Loan to be used (i) to pay the Master Servicer, the
Trustee or the Special Servicer for interest accrued on any Property Advances and reimbursement of Property Advances, (ii) to pay
the parties to any Securitization for interest accrued on any P&I Advance, (iii) to pay certain other expenses (including Special
Servicing Fees, unpaid workout fees and liquidation fees) incurred with respect to the Mortgage Loan and (iv) to pay to the Master
Servicer and/or the Special Servicer as additional servicing compensation.

Upon the occurrence of the
Lead Securitization as to which any such proceeds are received, any proceeds received from the sale of the primary servicing rights with
respect to the Mortgage Loan shall be remitted, promptly upon receipt thereof, to the Holders on a Pro Rata and Pari Passu Basis. Any
proceeds received by either Holder from the sale of master servicing rights with respect to its Note shall be for its own account.

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

5.   Accounts; Payment Procedure.
The Servicing Agreement shall provide that the Master Servicer shall establish and maintain the Collection Account or Collection Accounts,
as applicable. Each of the Note A-1 Holder, the Note A-2 Holder, the Note A-3-1 Holder, the Note A-3-2 Holder, the Note A-4-1 Holder and
the Note A-4-2 Holder hereby directs the Master Servicer, in accordance with the priorities set forth in Section 3 hereof,
and subject to the terms of the Servicing Agreement, (i) to deposit into the applicable Collection Account within the time period specified
in the Servicing Agreement all payments received with respect to the Mortgage Loan and (ii) to remit from the applicable Collection Account
for deposit or credit on the applicable Master Servicer Remittance Date all payments received with respect to and allocable to its respective
Non-Lead Note, by wire transfer to the account maintained by such Non-Lead Note Holder; provided that any late collections received by
the Master Servicer after the related due date under the Mortgage Loan shall be remitted by the Master Servicer in accordance with Section
18(b)(x) of this Agreement.

If any Servicer holding or
having distributed any amount received or collected in respect of a Note determines, or a court of competent jurisdiction orders, at any
time that any amount received or collected in respect of such Note must, pursuant to any insolvency, bankruptcy, fraudulent conveyance,
preference or similar law, be returned to the Borrower or paid to the related Holder, or any Servicer or paid to any other Person, then,
notwithstanding any other provision of this Agreement, no Servicer shall be required to distribute any portion thereof to such Holder,
and such Holder shall promptly on demand repay to such Servicer the portion thereof which shall have been theretofore distributed to such
Holder together with interest thereon at such rate, if any, as such Servicer shall have been required to pay to the Borrower, the other
Holders, any Servicer or such other person or entity with respect thereto. Each of the Holders agrees that if at any time it shall receive
from any sources whatsoever any payment on account of the Mortgage Loan in excess of its distributable share thereof, it will promptly
remit such excess to the Master Servicer. The Master Servicer shall have the right to offset any amounts due hereunder from a Holder with
respect to the Mortgage Loan against any future payments due to such Holder under the Mortgage Loan, provided, that the obligations
of each Holder under this Section 5 are separate and distinct obligations from one another and in no event shall any Servicer
enforce the obligations of any Holder against any other Holder. The obligations of the Holders under this Section 5 constitute
absolute, unconditional and continuing obligations and each Servicer shall be deemed a third-party beneficiary of these provisions.

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6.   Limitation on Liability.
Subject to the terms of the Servicing Agreement, no Holder (including the Master Servicer or the Special Servicer on its behalf) shall
have any liability to any other Holder with respect to any Note, except (1) with respect to the Advance reimbursement provisions
set forth in Section 17 and (2) with respect to losses actually suffered due to the negligence, willful misconduct or
material breach of this Agreement on the part of such Holder (including the Master Servicer or the Special Servicer on its behalf, and
the Master Servicer’s or Special Servicer’s liability is further limited as set forth in the Servicing Agreement; which, for
the avoidance of doubt, shall not reduce the obligation of such parties to act in accordance with the Servicing Standard).

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

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

(ii)       The
execution and delivery of this Agreement by such Holder, and performance of, and compliance with, the terms of this Agreement by such
Holder, will not violate its organizational documents or constitute a default (or an event which, with notice or lapse of time, or both,
would constitute a default) under, or result in the breach of, any material agreement or other instrument to which it is a party or that
is applicable to it or any of its assets, in each case which materially and adversely affect its ability to carry out the transactions
contemplated by this Agreement.

(iii)       Such
Holder has the full power and authority to enter into and consummate all transactions contemplated by this Agreement, has duly authorized
the execution, delivery and performance of this Agreement and has duly executed and delivered this Agreement.

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

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

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

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

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(viii)       It
is a Qualified Transferee.

8.   Independent Analyses
of each Holder. Each Holder acknowledges that, except for the representations made in Section 7, it has, independently and without
reliance upon any other Holders and based on such documents and information as such Holder has deemed appropriate, made its own credit
analysis and decision to purchase its respective Note. Each Holder hereby acknowledges that the other Holders shall have no responsibility
for (i) the collectability of the Mortgage Loan, (ii) the validity, enforceability or legal effect of any of the Mortgage Loan
Documents or the title insurance policy or policies or any survey furnished or to be furnished in connection with the origination of the
Mortgage Loan, (iii) the validity, sufficiency or effectiveness of the lien created or to be created by the Mortgage Loan Documents,
or (iv) the financial condition of the Borrower.

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

10.   Not a Security.
None of the Notes shall be deemed to be a security within the meaning of the Securities Act of 1933 or the Securities Exchange Act of
1934.

11.   Other Business Activities
of the Holders. Each Holder acknowledges that the other Holders may make loans or otherwise extend credit to, and generally engage
in any kind of business with, any Borrower Party, and receive payments on such other loans or extensions of credit to any Borrower Party
and otherwise act with respect thereto freely and without accountability, but only if none of the foregoing violate the Mortgage Loan
Documents, in the same manner as if this Agreement and the transactions contemplated hereby were not in effect.

12.   Transfer of Notes.
(a)  Each Holder may Transfer up to 49% (in the aggregate) of its beneficial interest in its Note whether or not the related
transferee is a Qualified Transferee without a Rating Agency Confirmation. Each Holder shall not Transfer more than 49% (in the aggregate)
of its beneficial interest in its Note unless (i) prior to a Securitization of any Note, the other Holders have consented to such
Transfer, in which case the related transferee shall thereafter be deemed to be a “Qualified Transferee” for all purposes
under this Agreement, (ii) after a Securitization of any Note, a Rating Agency Confirmation has been received with respect to such
Transfer, in which case the related transferee shall thereafter be deemed to be a

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“Qualified Transferee” for all
purposes under this Agreement, or (iii) such Transfer is to a Qualified Transferee. Any such transferee must assume in writing the
obligations of the transferring Holder hereunder and agree to be bound by the terms and provisions of this Agreement and the Servicing
Agreement. Such proposed transferee (except in the case of Transfers that are made in connection with a Securitization) shall also remake
each of the representations and warranties contained herein for the benefit of the other Holders. Notwithstanding the foregoing, without
the non-transferring Holder’s prior consent (which will not be unreasonably withheld), and, if such non-transferring Holder’s
Note is in a Securitization, without a Rating Agency Confirmation from each Rating Agency that has been engaged by the related Depositor
to rate the securities issued in connection with such Securitization, no Holder shall Transfer all or any portion of its Note to any Borrower
Party and any such Transfer shall be absolutely null and void and shall vest no rights in the purported transferee.

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

(c)       The
Holders acknowledge that any Rating Agency Confirmation may be granted or denied by the Rating Agencies in their sole and absolute discretion
and that such Rating Agencies may charge the transferring Holder customary fees in connection with providing such Rating Agency Confirmation.

(d)       Notwithstanding
anything to the contrary contained herein, each Holder may pledge or transfer (a “Pledge”) its Note to any entity (other
than any Borrower Party) that has extended a credit facility to such Holder or has entered into a repurchase agreement with such Holder
and that, in each case, is either a Qualified Transferee or a financial institution whose long-term unsecured debt is rated at least “A”
(or the equivalent) or better by each Rating Agency (a “Note Pledgee”), or to a Person with respect to which a Rating
Agency Confirmation has been obtained, on terms and conditions set forth in this Section 12(d), it being further agreed that
a financing provided by a Note Pledgee to any Holder or any Affiliate that controls such Holder that is secured by such Holder’s
interest in its respective Note and is structured as a repurchase arrangement, shall qualify as a “Pledge” hereunder on the
condition that all applicable terms and conditions of this Section 12(d) are complied with. A Note Pledgee that is not a Qualified
Transferee may not take title to a Note without a Rating Agency Confirmation. Upon written notice, if any, by the pledging Holder to the
other Holders and any Master Servicer that a Pledge has been effected (including the name and address of the applicable Note Pledgee),
the other Holders agree to acknowledge receipt of such notice and thereafter agree: (i) to give such Note Pledgee written notice
of any default by the pledging Holder in respect of its obligations under this Agreement of which default such Holder has actual knowledge
and which notice shall be given simultaneously with the giving of such notice to the pledging Holder; (ii) to allow such Note Pledgee
a period of ten (10) Business Days to cure a default by the pledging Holder in respect of its obligations to the other Holders hereunder,
but such Note Pledgee shall not be obligated to cure any such default; (iii) that no amendment, modification, waiver or termination
of this Agreement or the Servicing Agreement (if the pledging Holder had the right

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to consent to such amendment, modification,
waiver or termination pursuant to the terms hereof) shall be effective against such Note Pledgee without the written consent of such Note
Pledgee, which consent shall not be unreasonably withheld, conditioned or delayed and which consent shall be deemed to be given if Note
Pledgee shall fail to respond to any request for consent to any such amendment, modification, waiver or termination within 10 days after
request therefor; (iv) that the other Holders shall accept any cure by such Note Pledgee of any default of the pledging Holder which
such pledging Holder has the right to effect hereunder, as if such cure were made by such pledging Holder; (v) that the other Holders
or any Servicer shall deliver to Note Pledgee such estoppel certificate(s) as Note Pledgee shall reasonably request, provided that any
such certificate(s) shall be in a form reasonably satisfactory to the other Holders; and (vi) that, upon written notice (a “Redirection
Notice”) to any Master Servicer by such Note Pledgee that the pledging Holder is in default beyond any applicable cure periods
with respect to the pledging Holder’s obligations to such Note Pledgee pursuant to the applicable credit agreement or other agreements
relating to the Pledge between the pledging Holder and such Note Pledgee (which notice need not be joined in or confirmed by the pledging
Holder), and until such Redirection Notice is withdrawn or rescinded by such Note Pledgee, Note Pledgee (or at any time that pledging
Holder otherwise directs that such payment be made to Note Pledgee pursuant to a separate notice) shall be entitled to receive any payments
that any Servicer would otherwise be obligated to make to the pledging Holder from time to time pursuant to this Agreement or any Servicing
Agreement. Any pledging Holder hereby unconditionally and absolutely releases the other Holders and any Servicer from any liability to
the pledging Holder on account of any Holder’s or Servicer’s compliance with any Redirection Notice believed by any Servicer
or other Holders in good faith to have been delivered by a Note Pledgee. Note Pledgee shall be permitted to exercise fully its rights
and remedies against the pledging Holder (and accept an assignment in lieu of foreclosure as to such collateral), in accordance with applicable
law, the pledge agreement, repurchase agreement or similar agreement between the pledging Holder and the Note Pledgee and this Agreement.
In such event, or if the pledging holder otherwise assigns its interests to the Note Pledgee, the other Holders and any Master Servicer
shall recognize such Note Pledgee (and any transferee (other than any Borrower Party) that is also a Qualified Transferee at any foreclosure
or similar sale held by such Note Pledgee or any transfer in lieu of foreclosure), and such Person’s successor and assigns, as the
successor to the pledging Holder’s rights, remedies and obligations under this Agreement, and any such Note Pledgee or Qualified
Transferee shall assume in writing the obligations of the pledging Holder hereunder accruing from and after such Transfer (i.e.,
realization upon the collateral by such Note Pledgee) and agrees to be bound by the terms and provisions of this Agreement. The rights
of a Note Pledgee under this Section 12(d) shall remain effective as to any Holder (and any Servicer) unless and until such Note
Pledgee shall have notified such Holder (and any Servicer, as applicable) in writing that its interest in the pledged Note has terminated.

13.   Exercise of Remedies
by the Servicer. (a)  Subject to the terms of this Agreement and the Servicing Agreement and subject to the rights and consents,
where required, of the Directing Holder, the Servicer shall have the sole and exclusive authority with respect to the administration of,
and exercise of rights and remedies with respect to, the Mortgage Loan, including, without limitation, the sole and exclusive authority
to (i) modify or waive any of the terms of the Mortgage Loan Documents, (ii) consent to any action or failure to act by the
Borrower or any party to the Mortgage Loan Documents, (iii) vote all claims with respect to the

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

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

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

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

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

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

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

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

(4)       until
the sale is completed and a reasonable period of time (but no less time than is afforded to other offerors and the Directing Holder) prior
to the proposed sale date, all information and other documents being provided to other offerors and all leases or other documents that
are approved by the Master Servicer or the Special Servicer in connection with the proposed sale.

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

Subject to the conditions
set forth in this Section 13(c), the Non-Lead Note Holders hereby appoint the Lead Note Holder as their agent, and grant to the
Lead Note Holder an irrevocable power of attorney coupled with an interest, and its proxy, for the purpose of soliciting and accepting
offers for and consummating the sale of the Non-Lead Notes. Subject to the conditions set forth in this Section 13(c), each Non-Lead
Note Holder further agrees that, upon the request of the Lead Note Holder, such Non-Lead Note Holder shall execute and deliver to or at
the direction of Lead Note Holder such powers of attorney or other instruments as the Lead Note Holder may reasonably request to better
assure and evidence the foregoing appointment and grant, in each case promptly following request, and shall deliver the related original
Non-Lead Note, endorsed in blank, to or at the direction of the Lead Note Holder in connection with the consummation of any such sale.

(d)       Notwithstanding
anything to the contrary contained herein, the exercise by the Servicer on behalf of the Holders of its rights under this Section 13
shall be subject in all respects to any section of the Servicing Agreement governing REMIC administration, and in no event shall the Servicer
be permitted to take any action or refrain from taking any action if taking or failing to take such action, as the case may be, would
violate the laws of any applicable jurisdiction, breach the Mortgage Loan Documents or be inconsistent with the Servicing Standard or
violate any other provisions of the Servicing Agreement or violate the REMIC provisions of the Code or any regulations promulgated thereunder,
including, without limitation, the provisions of Section 2(f) of this Agreement.

14.   Rights of the Directing
Holder. The Directing Holder shall be entitled to exercise the rights and powers granted to the Directing Holder hereunder and the
rights and powers granted to the “Directing Holder,” “Controlling Class Certificateholder,” “Controlling
Class Representative” or similar party under, and as defined in, the Servicing Agreement with respect to the Mortgage Loan. In addition,
the Directing Holder shall be entitled to advise (1) the Special Servicer with respect to all matters related to a Specially Serviced
Mortgage Loan and (2) the Special Servicer with respect to all matters for which the Master Servicer must obtain the consent or deemed
consent of the Special Servicer, and, except as set forth below (i) the Master

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Servicer shall not be permitted to take any
Major Decision unless it has obtained the prior written consent of the Special Servicer and (ii) the Special Servicer shall not be
permitted to consent to the Master Servicer’s taking any Major Decision nor will the Special Servicer itself be permitted to take
any Major Decision as to which the Directing Holder has objected in writing within ten (10) Business Days (or thirty (30) days with respect
to an Acceptable Insurance Default) after receipt of the written recommendation and analysis and such additional information requested
by the Directing Holder as may be necessary in the reasonable judgment of the Directing Holder in order to make a judgment with respect
to such Major Decision. The Directing Holder may also direct the Special Servicer to take, or to refrain from taking, such other actions
with respect to the Mortgage Loan as the Directing Holder may deem advisable.

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

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

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

The Directing Holder shall
have no liability to the other Holders or any other Person for any action taken, or for refraining from the taking of any action or the
giving of any consent or the failure to give any consent pursuant to this Agreement or the Servicing Agreement, or errors in judgment,
absent any loss, liability or expense incurred by reason of its willful misfeasance, bad faith or gross negligence. The Holders agree
that the Directing Holder may take or refrain from taking actions, or give or refrain from giving consents, that favor the interests of
one Holder over the other Holder, and that the Directing Holder may have special relationships and interests that conflict with the interests
of another Holder and, absent willful misfeasance, bad faith or gross negligence on the part of the Directing Holder, agree to take no
action against the Directing Holder or any of its officers, directors, employees, principals or

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agents as a result of such special relationships
or interests, and that the Directing Holder will not be deemed to have been grossly negligent or reckless, or to have acted in bad faith
or engaged in willful misfeasance or to have recklessly disregarded any exercise of its rights by reason of its having acted or refrained
from acting, or having given any consent or having failed to give any consent, solely in the interests of any Holder.

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

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

(i)       to
provide copies of any notice, information and report that it is required to provide to the Directing Holder pursuant to the Servicing
Agreement with respect to any Major Decisions or the implementation of any recommended actions outlined in an Asset Status Report relating
to the Mortgage Loan to the Non-Directing Holders, within the same time frame it is required to provide to the Directing Holder; provided,
however, following a Non-Lead Securitization, all notices, reports, information or other deliverables required to be delivered to
the related Non-Directing Holder or the related Non-Lead Note Holder pursuant to this Agreement or the Lead Securitization Servicing Agreement
by the Lead Note Holder (or the Master Servicer or the Special Servicer acting on its behalf) shall be delivered to the related Non-Lead
Master Servicer, the related Non-Lead Special Servicer and the related Non-Lead Certificate Administrator (who then may forward such items
to the party entitled to receive such items as and to the extent provided in the related Non-Lead Securitization Servicing Agreement)
and, when so delivered to such Non-Lead Master Servicer, Non-Lead Special Servicer and Non-Lead Certificate Administrator, the Lead Note
Holder (or the Master Servicer or the Special Servicer acting on its behalf) shall be deemed to have satisfied its delivery obligations
with respect to such items hereunder or under the Lead Securitization Servicing Agreement; provided, however, that all items that relate
to the related Non-Lead Depositor’s compliance with any applicable securities laws shall also be delivered to such Non-Lead
Depositor; and

(ii)       to
consult with each Non-Directing Holder on a strictly non-binding basis, if, having received such notices, information and reports, such
Non-Directing Holder requests consultation with respect to any such Major Decision or the implementation of any recommended actions outlined
in an Asset Status Report relating to the Mortgage Loan, and consider alternative actions recommended by such Non-Directing Holder; provided
that after the expiration of a period of ten (10) Business Days (or in connection

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with an Acceptable Insurance Default,
thirty (30) days) from the delivery to each Non-Directing Holder of written notice of a proposed action, together with copies of the notices,
information and reports required to be provided to, or requested by, the Directing Holder, the Servicer shall no longer be obligated to
consult with the Non-Directing Holders (unless the Servicer proposes a new course of action that is materially different from the action
previously proposed, in which case such ten (10) Business Day period (or in connection with an Acceptable Insurance Default, thirty (30)
day period) shall be begin anew from the date of such proposal and delivery of all information relating thereto).

(b)       Notwithstanding
the foregoing non-binding consultation rights of the Non-Directing Holders, the Servicer may take any Major Decision or any action set
forth in the Asset Status Report before the expiration of the aforementioned ten (10) Business Day period (or thirty (30) day period with
respect to an Acceptable Insurance Default) if the Servicer determines, in accordance with the Servicing Standard, that immediate action
with respect thereto is necessary to protect the interests of the Holders.

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

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

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

17.   Advances; Reimbursement
of Advances. (a) (i) Pursuant to terms of the Servicing Agreement, the Lead Servicer and/or the related Trustee shall be
obligated (subject to customary determinations of non-recoverability) to make (1) Property Advances with respect to the Mortgage
Loan or the Mortgaged Property and (2) P&I Advances with respect to the Lead Note and (ii) pursuant to the terms of a Non-Lead
Securitization Servicing Agreement, the related Non-Lead Master Servicer and/or the related Non-Lead Trustee may be obligated to make
P&I Advances with respect to the related Non-Lead Note. The Lead Servicer and/or the related Trustee will not be required to make
any P&I Advance with respect to any Non-Lead Note and the related Non-Lead Master Servicer and/or the related Non-Lead Trustee will
not be required to make any P&I Advance with respect to any Lead Note, any other Non-Lead Note or any Property Advance. The Lead Servicer,
each Non-Lead Master Servicer, the Trustee and any related Non-Lead Trustee will be entitled to interest on any Advance (at a rate not
to exceed the Prime Rate) made in the manner and from the sources provided in the Note A-1 PSA, Note A-2 PSA, Note A-3-1 PSA, Note A-3-2
PSA, Note A-4-1 PSA and Note A-4-2 PSA, as applicable.

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

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

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

(d)       The
parties to each of the Note A-1 PSA, Note A-2 PSA, Note A-3-1 PSA, Note A-3-2 PSA, Note A-4-1 PSA and Note A-4-2 PSA shall each be entitled
to make their own recoverability determination with respect to a P&I Advance based on the information that they have on hand and in
accordance with the Note A-1 PSA, Note A-2 PSA, Note A-3-1 PSA, Note A-3-2 PSA, Note A-4-1 PSA and Note A-4-2 PSA, as applicable.

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

18.   Provisions Relating
to Securitization. (a)  For so long as an Initial Note Holder or its Affiliate (an “Initial Note Holder Entity”)
is the owner of its Note(s), such Initial Note Holder Entity shall have the right, subject to the terms of the Mortgage Loan Documents,
to cause the Borrower to execute amended and restated notes or additional notes (in either case “New Notes”) reallocating
the principal of its Note(s) or severing its Note(s) into one or more further “component” notes in the aggregate principal
amount equal to the then-outstanding principal balance of its Note(s), provided that (i) the aggregate principal balance of
the New Notes following such amendments is no greater than the principal balance of the related original Note(s) prior to such amendments,
(ii) all New Notes continue to have the same weighted average interest rate as the original Note(s) prior to such amendments, (iii) all
New Notes pay pro rata and on a pari passu basis and such reallocated or component notes shall be automatically subject
to the terms of this Agreement and (iv) the Initial Note  Holder Entity holding the New Notes shall notify the other Holders
(or, for any Note that has been contributed to a Securitization, to the trustee and the applicable master servicer of such Securitization)
in writing of such modified allocations and principal amounts. In connection with the foregoing,

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(1) the Master Servicer is hereby authorized
to execute amendments to the Loan Agreement and this Agreement (or to amend and restate the Loan Agreement and this Agreement) on behalf
of any or all of the Holders solely for the purpose of reflecting such reallocation of principal or such severing of Note(s), (2) if a
Note is severed into “component” notes, such component notes shall each have their same rights as the respective original
Note (except if such original Note is Note A-1, then the applicable Initial Note Holder shall designate one of the New Notes to take the
place of Note A-1 in the definitions of “Directing Holder”, “Lead Note”, “Lead Securitization”, “Non-Directing
Holder” and “Servicing Agreement”, and (3) the definition of the term “Securitization” and all of the related
defined terms may be amended (and new terms added, as necessary) to reflect the New Notes. Rating Agency Confirmation shall not be required
for any amendments to this Agreement required to facilitate the terms of this paragraph 18(a).

(b)       The
Lead Note Holder agrees that it shall cause the Lead Securitization Servicing Agreement to provide as follows (and to the extent such
following provisions are not included in the Lead Securitization Servicing Agreement, they shall be deemed incorporated therein and made
a part thereof):

(i)       the
Master Servicer or Trustee shall be required to provide written notice to each Non-Lead Master Servicer and each Non-Lead Trustee of any
P&I Advance it has made with respect to the Lead Note within two (2) Business Days of making such advance;

(ii)       if
the Master Servicer determines that a proposed P&I Advance with respect to the Lead Note or Property Advance with respect to the Mortgage
Loan, if made, or any outstanding P&I Advance or Property Advance previously made, would be, or is, as applicable, a Nonrecoverable
Advance, the Master Servicer shall provide each Non-Lead Master Servicer written notice of such determination promptly after such determination
was made together with such reports that the Master Servicer delivered to the Special Servicer or Trustee in connection with notification
of its determination of nonrecoverability;

(iii)       the
Master Servicer shall remit all payments received with respect to any Non-Lead Note, net of the Servicing Fees payable to the Master Servicer
and Special Servicer with respect to such Non-Lead Note, and any other applicable fees and reimbursements payable to the Master Servicer,
the Special Servicer and the Trustee with respect to such Non-Lead Note, to the related Non-Lead Note Holder by the Master Servicer Remittance
Date for the Non-Lead Note; provided, that any late collections received by the Master Servicer after the related due date under the Mortgage
Loan shall be remitted by the Master Servicer in accordance with Section 18(b)(x) below;

(iv)       with
respect to any Non-Lead Note that is held by a Securitization, the Master Servicer agrees to deliver or cause to be delivered or make
available to the related Non-Lead Master Servicer all reports required to be delivered by the Master Servicer to the Certificate Administrator
under the Lead Securitization Servicing Agreement (which shall include all loan-level reports constituting the CREFC® Investor Reporting
Package (IRP)) pursuant to the terms of the Lead Securitization Servicing Agreement to the extent related to the Mortgage Loan, the Mortgaged
Property, such Non-Lead Note, the Master

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Servicer, the Special Servicer, the Certificate
Administrator or the Trustee by the Business Day following the Master Servicer Remittance Date for the Non-Lead Note;

(v)       the
Master Servicer and Special Servicer, as applicable, shall provide (or the Special Servicer shall provide to the Master Servicer for provision
by the Master Servicer) (in electronic media) to each Non-Lead Note Holder all documents, certificates, instruments, notices, reports,
operating statements, rent rolls and other information regarding the Mortgage Loan provided by it to any other party to the Lead Securitization
Servicing Agreement at the time provided to such other party;

(vi)       the
servicing duties of each of the Master Servicer and Special Servicer under the Lead Securitization Servicing Agreement shall include the
duty to service the Mortgage Loan and all of the Notes on behalf of the Holders (including the respective trustees and certificateholders)
in accordance with the terms and provisions of this Agreement, the Lead Securitization Servicing Agreement and the Servicing Standard;

(vii)       each
Non-Lead Note Holder shall be entitled to the same indemnity as the Lead Note Holder under the Lead Securitization Servicing Agreement;
each of the Master Servicer, the Special Servicer, the Trustee, the Certificate Administrator, the Operating Advisor, any primary servicer
and the Custodian shall be required to (and shall require any Servicing Function Participant or Additional Servicer engaged by it to)
indemnify each “certification party” and the depositor of any public Securitization Trust, and their respective directors
and officers and controlling persons, to the same extent that they indemnify the Depositor (as depositor in respect of the Lead Securitization)
and each “certifying party” for (i) its failure to deliver the items in clause (viii) below in a timely manner, (ii) its failure
to perform its obligations to such depositor or the related Non-Lead Trustee under Article X (or any article substantially similar thereto)
of the Lead Securitization Servicing Agreement by the time required after giving effect to any applicable grace period or cure period,
(iii) the failure of any Servicing Function Participant or Additional Servicer retained by it (other than a Mortgage Loan Seller Sub-Servicer)
to perform its obligations to such depositor or trustee under such Article X (or any article substantially similar thereto) of the Lead
Securitization Servicing Agreement by the time required and/or (iv) any Deficient Exchange Act Deliverable regarding, and delivered by
or on behalf of, such party;

(viii)       with
respect to any Non-Lead Securitization that is subject to reporting requirements under the Securities Act, the Exchange Act (including
Rule 15Ga-1), and Regulation AB, (a) the Master Servicer, any primary servicer, the Special Servicer, the Trustee, the Certificate
Administrator or other party acting as custodian for the Lead Securitization shall be required to deliver (and shall be required to cause
each other servicer and servicing function participant (within the meaning of Items 1123 and 1122, respectively, of Regulation AB) retained
or engaged by it to deliver; provided that such party shall only be required to use commercially reasonable efforts to cause a Mortgage
Loan Seller Sub-Servicer to deliver), in a timely manner (i) the reports, certifications, compliance statements, accountants’ assessments
and attestations, and information to be included in reports (including, without limitation, Form ABS-15G, Form 10-K, Form 10-D and Form
8-K), and (ii) upon request, any other materials specified in the related Non-

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Lead Securitization
Servicing Agreement, in the case of clauses (i) and (ii), as the related Non-Lead Depositor or the related Non-Lead Trustee reasonably
believes, in good faith, are required in order for the related Non-Lead Depositor or the related Non-Lead Trustee to comply with its obligations
under the Securities Act, the Exchange Act (including Rule 15Ga-1), Regulation AB and Form SF-3, (b) without limiting the generality of
the foregoing (x) the Lead Depositor or the related Holder shall provide or cause to be provided to any related Non-Lead Depositor and
any Non-Lead Trustee (1) written notice (which may be by e-mail) in a timely manner (but no later than three (3) Business Days prior to
closing) of the occurrence of such Securitization, and (2) no later than one (1) business day following the closing date of such Securitization,
a copy of the Lead Securitization Servicing Agreement in an EDGAR-compatible format, and (y) the Master Servicer and Special Servicer
(or any replacement Master Servicer or Special Servicer, as applicable) shall, upon reasonable prior written request, and subject to the
right of the Master Servicer or the Special Servicer, as the case may be, to review and approve such disclosure materials, permit a holder
of any Non-Lead Note to use such party’s description contained in the Lead Securitization prospectus (updated as appropriate by
the Master Servicer or Special Servicer, as applicable, at the cost of the related Non-Lead Sponsor) (or, in the case of a replacement
Special Servicer, contained in a Lead Securitization Form 8-K), for inclusion in the disclosure materials (or, in the case of a replacement
Special Servicer, for inclusion in a Form 8-K) relating to any securitization of the related Non-Lead Note, and (z) the Master Servicer
and the Special Servicer (or any replacement Master Servicer or Special Servicer, as applicable), shall provide indemnification agreements,
opinions and Regulation AB compliance letters as were or are being delivered with respect to the Lead Securitization (in each case, at
the cost of the related Non-Lead Sponsor), and (c) in connection with any amendment of the Lead Securitization Servicing Agreement, the
party requesting such amendment shall provide written notice (which may be by e-mail) of such proposed amendment to any Non-Lead Depositor
and the related Non-Lead Trustee no later than three (3) Business Days prior to the date of effectiveness of such amendment, and, on the
date of effectiveness of such amendment to the Lead Securitization Servicing Agreement, provide a copy of such amendment in an EDGAR-compatible
format to such Non-Lead Depositor and the related Non-Lead Trustee. The Master Servicer and the Special Servicer shall each be required
to provide certification and indemnification to any “certifying party” with respect to any applicable Sarbanes-Oxley Certification
with respect to a Non-Lead Securitization;

(ix)       
each of the Master Servicer, the Special Servicer, the Custodian and the Trustee and each Affected Reporting Party shall cooperate (and
require each Servicing Function Participant and Additional Servicer retained by it to cooperate under the applicable Sub-Servicing Agreement),
with each Non-Lead Depositor (including, without limitation, providing all due diligence information, reports, written responses, negotiations
and coordination) to the same extent as such party is required to cooperate with the Lead Depositor under Article X (or any article substantially
similar thereto) of the Lead Securitization Servicing Agreement and in connection with Deficient Exchange Act Deliverables. All respective
reasonable out-of-pocket costs and expenses incurred by any Non-Lead Depositor (including reasonable legal fees and expenses of outside
counsel to such depositor) in connection with the foregoing (other than those costs and expenses

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related to participation by such Non-Lead
Depositor in any telephone conferences and meetings with the United States Securities and Exchange Commission (the “Commission”)
and other costs such Non-Lead Depositor must bear pursuant to Article X (or any article substantially similar thereto) of the Lead Securitization
Servicing Agreement) and any amendments to any reports filed with the Commission therewith shall be promptly paid by the applicable Affected
Reporting Party upon receipt of an itemized invoice from such Non-Lead Depositor;

(x)       any
late collections received by the Master Servicer from the Borrower that are allocable to a Non-Lead Note or reimbursable to a Non-Lead
Master Servicer or a Non-Lead Trustee shall be remitted by the Master Servicer to such Non-Lead Master Servicer within one (1) Business
Day of receipt and identification thereof; provided, however, that to the extent any such amounts are received after 3:00 p.m. Eastern
time on any given Business Day, the Master Servicer shall use commercially reasonable efforts to remit such late collections to such Non-Lead
Master Servicer within one (1) Business Day of receipt of properly identified funds but, in any event, the Master Servicer shall remit
such amounts within two (2) Business Days of receipt of properly identified funds;

(xi)       each
Non-Lead Note Holder is an intended third-party beneficiary in respect of the rights afforded it under the Lead Securitization Servicing
Agreement and the related Non-Lead Master Servicer will be entitled to enforce the rights of such Non-Lead Note Holder under this Agreement
and the Lead Securitization Servicing Agreement;

(xii)       each
Non-Lead Master Servicer and each Non-Lead Special Servicer shall each be a third-party beneficiary of the Lead Securitization Servicing
Agreement with respect to all provisions therein expressly relating to compensation, reimbursement or indemnification of such Non-Lead
Master Servicer or such Non-Lead Special Servicer, as the case may be, and the provisions regarding coordination of Advances;

(xiii)       if
the Mortgage Loan becomes a Defaulted Mortgage Loan and the Special Servicer determines to sell the Lead Note in accordance with the Lead
Securitization Servicing Agreement, it shall have the right and the obligation to sell all of the Notes as notes evidencing one whole
loan in accordance with the terms of the Lead Securitization Servicing Agreement. In connection with any such sale, the Special Servicer
shall provide notice to each Non-Lead Master Servicer who shall provide notice to the respective Non-Directing Holder in the related securitization
of the planned sale and such Non-Directing Holder’s opportunity to submit an offer on the Mortgage Loan;

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

(xv)       to
the extent related to the Mortgage Loan, the Master Servicer or the Special Servicer, Rating Agency Confirmation shall be provided with
respect to the Certificates issued in connection with any Non-Lead Securitization to the same extent a

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Rating Agency Confirmation is provided
with respect to the Certificates issued in connection with the Lead Securitization;

(xvi)       Servicer
Termination Events with respect to the Master Servicer and the Special Servicer shall include (i) solely with respect to the Master Servicer,
the failure to timely remit payments to any Non-Lead Note Holder, which failure continues unremedied for one (1) Business Day following
the date on which such payment was to be made; (ii) solely with respect to the Special Servicer, the failure to deposit into any REO Account
any amount required to be so deposited within two (2) Business Days after the date such deposit was to be made, or the failure to remit
to the Master Servicer for deposit into the Collection Account or the related Loan Combination Custodial Account, as applicable, any amount
required to be so remitted by the Special Servicer within one (1) Business Day after the date such remittance was to be made; (iii) the
qualification, downgrade or withdrawal, or placing on “watch status” in contemplation of a rating downgrade or withdrawal
of the ratings of any class of certificates issued in connection with any Non-Lead Securitization by the rating agencies rating such securities
(and such qualification, downgrade, withdrawal or “watch status” placement shall not have been withdrawn by such rating agencies
within sixty (60) days of actual knowledge of such event by the Master Servicer or the Special Servicer, as the case may be), and publicly
citing servicing concerns with the Master Servicer or Special Servicer, as applicable, as the sole or a material factor in such rating
action; and (iv) the failure to provide to any Non-Lead Note Holder (if and to the extent required under the Non-Lead Securitization)
reports required under the Exchange Act, and the rules and regulations thereunder, in a timely fashion. Upon the occurrence of such a
Servicer Termination Event with respect to the Master Servicer affecting a Non-Lead Note Holder and the Master Servicer is not otherwise
terminated pursuant to the Lead Securitization Servicing Agreement, the Trustee shall, upon the direction of such Non-Lead Note Holder,
require the appointment of a subservicer with respect to the related Non-Lead Note. Upon the occurrence of a Servicer Termination Event
with respect to the Special Servicer affecting a Non-Lead Note Holder and the Special Servicer is not otherwise terminated pursuant to
the Lead Securitization Servicing Agreement, the Trustee shall, upon direction of such Non-Lead Note Holder, terminate the Special Servicer
with respect to, but only with respect to, the Mortgage Loan;

(xvii)       upon
any resignation of the Master Servicer or the Special Servicer, any replacement of the Special Servicer, any termination of the Master
Servicer or Special Servicer and/or any replacement thereof, any appointment of a successor to the Master Servicer or Special Servicer,
or the effectiveness of any designation of a new Special Servicer, the Trustee or Certificate Administrator shall promptly (and in any
event no later than three (3) Business Days prior to the effective date of such resignation, termination, replacement and/or appointment
of a Master Servicer or Special Servicer) provide written notice thereof to each Non-Lead Trustee, each Non-Lead Master Servicer and each
Non-Lead Depositor, together with any information reasonably required (including, without limitation, any disclosure required under Item
1108 of Regulation AB) for the related Non-Lead Securitization to comply with any applicable reporting obligations under the Exchange
Act; provided, that such notice shall not be deemed to be

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provided unless receipt thereof has been
confirmed in writing (which may be by e-mail) from any such Non-Lead Depositor;

(xviii)       if
a Non-Lead Note becomes the subject of an Asset Review pursuant to a Non-Lead Securitization Servicing Agreement, the Master Servicer,
the Special Servicer, the Trustee and the Custodian shall reasonably cooperate with the related Non-Lead Asset Representations Reviewer
in connection with such Asset Review by providing such Non-Lead Asset Representations Reviewer with any documents reasonably requested
by such Non-Lead Asset Representations Reviewer, but only to the extent (x) such documents are in the possession of the Master Servicer,
the Special Servicer, the Trustee or the Custodian, as the case may be, and (y) such Non-Lead Asset Representations Reviewer has not been
able to obtain such documents from the related mortgage loan seller; and

(xix)       any
conflict between the Lead Securitization Servicing Agreement and this Agreement shall be resolved in favor of this Agreement.

(c)       Each
Non-Lead Note Holder agrees that it shall cause the related Non-Lead Securitization Servicing Agreement to provide as follows (and to
the extent such following provisions are not included in the Non-Lead Securitization Servicing Agreement, they shall be deemed incorporated
therein and made a part thereof):

(i)       the
Non-Lead Note Holder shall be responsible for its Pro Rata and Pari Passu Basis share of any Property Advances (and advance interest thereon)
and any Additional Trust Fund Expenses, but only to the extent that they relate to servicing and administration of the Notes and the Mortgaged
Property, including without limitation, any unpaid Special Servicing Fees, liquidation fees and workout fees relating to the Notes, and
that in the event that the funds received with respect to each respective Note are insufficient to cover such Property Advances or Additional
Trust Fund Expenses, (A) the related Non-Lead Master Servicer will be required to, promptly following notice from the Master Servicer
or the Special Servicer, pay or reimburse the Master Servicer, the Special Servicer, the Certificate Administrator, the Trustee or the
Lead Securitization Trust (such parties and the Lead Securitization Trust, collectively, the “Indemnified Parties”),
as applicable, out of general funds in the collection account (or equivalent account) established under the related Non-Lead Securitization
Servicing Agreement for such Non-Lead Note Holder’s Pro Rata and Pari Passu Basis share of any such Nonrecoverable Property Advances
(together with advance interest thereon) and/or Additional Trust Fund Expenses (including compensation due to the Master Servicer and
the Special Servicer to the extent related to the servicing and administration of the Mortgage Loan and the Mortgaged Property), and (B)
if the Lead Securitization Servicing Agreement permits the Master Servicer, the Special Servicer, the Certificate Administrator or the
Trustee to reimburse itself from the Lead Securitization Trust’s general account, then the Master Servicer, the Special Servicer,
the Certificate Administrator or the Trustee, as applicable, may do so, and the related Non-Lead Master Servicer will be required to,
promptly following notice from the Master Servicer, the Special Servicer or the Trustee, reimburse the Lead Securitization Trust out of
general funds in the collection account (or equivalent account) established under the related Non-

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Lead Securitization Servicing Agreement
for such Non-Lead Note Holder’s Pro Rata and Pari Passu Basis share of any such Nonrecoverable Property Advances (together with
advance interest thereon) and/or Additional Trust Fund Expenses (including compensation due to the Master Servicer and the Special Servicer
to the extent related to the servicing and administration of the Mortgage Loan and the Mortgaged Property);

(ii)       each
of the Indemnified Parties shall be indemnified (as and to the same extent the Lead Securitization Trust is required to indemnify each
of such Indemnified Parties pursuant to the terms of the Lead Securitization Servicing Agreement and, in the case of the Lead Securitization
Trust, to the extent of any Additional Trust Fund Expenses with respect to the Mortgage Loan) by the related Non-Lead Securitization Trust,
against any claims, losses, penalties, fines, forfeitures, legal fees and related costs, judgments and any other costs, liabilities, fees
and expenses incurred in connection with the servicing and administration of the Mortgage Loan and the Mortgaged Property (or, with respect
to the Operating Advisor, incurred in connection with the provision of services for the Mortgage Loan) under the Lead Securitization Servicing
Agreement (collectively, the “Indemnified Items”) to the extent of its Pro Rata and Pari Passu Basis share of such
Indemnified Items, and to the extent amounts on deposit in the Loan Combination Custodial Account that are allocated to the related Non-Lead
Note are insufficient for reimbursement of such amounts, the related Non-Lead Master Servicer will be required to reimburse each of the
applicable Indemnified Parties for the related Non-Lead Note’s Pro Rata and Pari Passu Basis share of the insufficiency out of general
funds in the collection account (or equivalent account) established under the related Non-Lead Securitization Servicing Agreement;

(iii)       the
related Non-Lead Master Servicer, Non-Lead Trustee or Non-Lead Certificate Administrator will be required to deliver to the Trustee, the
Certificate Administrator, the Special Servicer, the Master Servicer and the Operating Advisor (i) promptly following Securitization of
the related Non-Lead Note, notice of the deposit of the related Non-Lead Note into a Trust Fund (which notice may be by e-mail and shall
also provide contact information for the related Non-Lead Trustee, the related Non-Lead Certificate Administrator, the related Non-Lead
Master Servicer, the related Non-Lead Special Servicer and the party designated to exercise the rights of the related “Non-Directing
Holder” under this Agreement), accompanied by a copy of such executed Non-Lead Securitization Servicing Agreement and (ii) notice
of any subsequent change in the identity of the related Non-Lead Master Servicer or the party designated to exercise the rights of the
related “Non-Directing Holder” under this Agreement (together with the relevant contact information);

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

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

    -37-

     

    

(d)       Each
Initial Note Holder shall:

(A)       give
each other Holder and the parties to any previously executed Securitization Servicing Agreement (provided that such Securitization Servicing
Agreement has been delivered to such Initial Note Holder) notice of the Securitization of such Holder’s Note in writing (which may
be by e-mail) prior to or promptly following the related Securitization Date, together with contact information for each of the parties
to the related proposed Securitization Servicing Agreement; and

(B)       in
the case of an Initial Note Holder contributing its Note to a Lead Securitization, send to each other Holder and the parties to each Non-Lead
Securitization Servicing Agreement (that are not also party to the Lead Securitization Servicing Agreement) (x) on any Lead Securitization
Date, a copy (in EDGAR-compatible format) of the execution version of the Lead Securitization Servicing Agreement, (y) within (1) one
Business Day after the date of any re-filing by the Lead Depositor of the Lead Securitization Servicing Agreement with the Commission
to account for any changes thereto (other than a formal amendment thereto following the Lead Securitization Date), a copy (in EDGAR-compatible
format) of the re-filed Lead Securitization Servicing Agreement, and (z) promptly following distribution thereof to the parties to the
Lead Securitization Servicing Agreement, any changes made by the Lead Depositor to the Lead Securitization Servicing Agreement (other
than a formal amendment thereto following the Lead Securitization Date).

(e)       The
Lead Securitization Servicing Agreement shall satisfy Moody’s rating methodology for eligible accounts and permitted investments
for a securitization rated “Aaa” by Moody’s.

19.   Governing Law; Waiver
of Jury Trial. THIS AGREEMENT AND ANY CLAIM, CONTROVERSY OR DISPUTE ARISING UNDER OR RELATED TO THIS AGREEMENT, THE RELATIONSHIP OF
THE PARTIES TO THIS AGREEMENT, AND/OR THE INTERPRETATION AND ENFORCEMENT OF THE RIGHTS AND DUTIES OF THE PARTIES TO THIS AGREEMENT SHALL
BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS AND DECISIONS OF THE STATE OF NEW YORK, WITHOUT REGARD TO THE CHOICE
OF LAW RULES THEREOF. EACH OF THE PARTIES HEREBY IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM
ARISING OUT OF OR RELATING TO THIS AGREEMENT.

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

    -38-

     

    

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

22.   Counterparts. This
Agreement may be executed in counterparts, each of which when so executed shall be deemed to be an original and all of which when taken
together shall constitute one and the same instrument, and the words “executed,” “signed,” “signature,”
and words of like import as used above and elsewhere in this Agreement or in any other certificate, agreement or document related to this
transaction shall include, in addition to manually executed signatures, images of manually executed signatures transmitted by facsimile
or other electronic format (including, without limitation, “pdf”, “tif” or “jpg”) and other electronic
signatures (including, without limitation, any electronic sound, symbol, or process, attached to or logically associated with a contract
or other record and executed or adopted by a person with the intent to sign the record). The use of electronic signatures and electronic
records (including, without limitation, any contract or other record created, generated, sent, communicated, received, or stored by electronic
means) shall be of the same legal effect, validity and enforceability as a manually executed signature or use of a paper-based record-keeping
system to the fullest extent permitted by applicable law, including the Federal Electronic Signatures in Global and National Commerce
Act, the New York State Electronic Signatures and Records Act and any other applicable law, including, without limitation, any state law
based on the Uniform Electronic Transactions Act or the Uniform Commercial Code.

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

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

25.   Custody of Mortgage
Loan Documents/ Mortgagee of Record. The originals of all of the Mortgage Loan Documents (other than Non-Lead Notes) will be held
(i) prior to the Lead Securitization, by Wells Fargo Bank, National Association, as interim custodian and (ii) on and after the Lead Securitization,
by the Trustee for the Lead Securitization (or by a custodian on its behalf) under the terms of the Lead Securitization Servicing Agreement
on

    -39-

     

    

behalf of all of the Holders. The Trustee
of the Lead Securitization shall at all times be the mortgagee of record with respect to the Mortgage Loan.

[NO FURTHER TEXT ON THIS PAGE]

    -40-

     

    

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

 

	 	Note A-1 Holder:
	 	MIDLAND
LOAN SERVICES, A DIVISION OF PNC BANK, NATIONAL ASSOCIATION, AS MASTER SERVICER ON BEHALF OF WILMINGTON TRUST, NATIONAL ASSOCIATION, AS
TRUSTEE, FOR THE BENEFIT OF THE REGISTERED HOLDERS OF BENCHMARK 2021-B31 MORTGAGE TRUST, COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES,
SERIES 2021-B31, AND THE UNCERTIFICATED VRR INTEREST OWNERS
	 	 
	 	 
	 	 
	 	 By:  	/s/ Scott Dunkley
	 	 	Name:  	Scott Dunkley
	 	 	Title: 	Vice President
	 	 	 	 

 

 

    Novo Nordisk North American HQ Amended and Restated Co-Lender Agreement

     

    

 

 

 

	 	Note A-2
Holder:
	 	 
	 	DBR INVESTMENTS CO. LIMITED
	 	 
	 	 
	 	 By:  	/s/ Matt T. Smith
	 	 	Name:  	Matt T. Smith
	 	 	Title: 	Director
	 	 	 	 

 

 

 

	 	
	 	 
	 	 By:  	/s/ Daniel Penn
	 	 	Name:  	Daniel Penn
	 	 	Title: 	Managing Director
	 	 	 	 

 

 

 

	 	Note A-3-1 Holder:
	 	 
	 	DBR INVESTMENTS CO. LIMITED
	 	 
	 	 
	 	 By:  	/s/ Matt T. Smith
	 	 	Name:  	Matt T. Smith
	 	 	Title: 	Director
	 	 	 	 

 

 

 

	 	
	 	 
	 	 By:  	/s/ Daniel Penn
	 	 	Name:  	Daniel Penn
	 	 	Title: 	Managing Director
	 	 	 	 

 

 

 

	 	Note A-3-2 Holder:
	 	 
	 	DBR INVESTMENTS CO. LIMITED
	 	 
	 	 
	 	 By:  	/s/ Matt T. Smith
	 	 	Name:  	Matt T. Smith
	 	 	Title: 	Director
	 	 	 	 

 

 

 

	 	
	 	 
	 	 By:  	/s/ Daniel Penn
	 	 	Name:  	Daniel Penn
	 	 	Title: 	Managing Director
	 	 	 	 

 

    Novo Nordisk North American HQ Amended and Restated Co-Lender Agreement

     

    

 

 

	 	Note A-4-1 Holder:
	 	 
	 	DBR
INVESTMENTS CO. LIMITED
	 	 
	 	 
	 	 By:  	/s/ Matt T. Smith
	 	 	Name:  	Matt T. Smith
	 	 	Title: 	Director
	 	 	 	 

 

 

 

	 	
	 	 
	 	 By:  	/s/ Daniel Penn
	 	 	Name:  	Daniel Penn
	 	 	Title: 	Managing Director
	 	 	 	 

 

 

 

	 	Note A-4-2 Holder:
	 	 
	 	DBR
INVESTMENTS CO. LIMITED
	 	 
	 	 
	 	 By:  	/s/ Matt T. Smith
	 	 	Name:  	Matt T. Smith
	 	 	Title: 	Director
	 	 	 	 

 

 

 

	 	
	 	 
	 	 By:  	/s/ Daniel Penn
	 	 	Name:  	Daniel Penn
	 	 	Title: 	Managing Director
	 	 	 	 

 

 

    Novo Nordisk North American HQ Amended and Restated Co-Lender Agreement

     

    

EXHIBIT A

MORTGAGE LOAN SCHEDULE

A.       Description of Mortgage
Loan

	Borrower:	Princeton HD Owner LLC
	Mortgage Loan Origination Date:  	November 5, 2021
	Initial Principal Amount of Mortgage Loan:	$210,667,000
	Co-Lender Closing Date Mortgage Loan Principal Balance:	$210,667,000
	Location of Mortgaged Property:	800 Scudders Mill Road

Plainsboro, New Jersey
	Current Use of Mortgaged Property:	Office
	Maturity Date:	April 6, 2031

    A-1

     

    

B.       Description of Notes

	Mortgage Loan Origination Date:	November 5, 2021
	Note Date:	November 5, 2021
	Initial Note A-1 Principal Balance:	$75,000,000
	Initial Note A-2 Principal Balance:	$47,500,000
	Initial Note A-3-1 Principal Balance:	$12,500,000
	Initial Note A-3-2 Principal Balance:	$12,500,000
	Initial Note A-4-1 Principal Balance:	$41,000,000
	Initial Note A-4-2 Principal Balance:	$22,167,000
	Initial Note A-1 Percentage Interest:	35.60120949175710%
	Initial Note A-2 Percentage Interest:	22.54743267811290%
	Initial Note A-3-1 Percentage Interest:	5.93353491529285%
	Initial Note A-3-2 Percentage Interest:	5.93353491529285%
	Initial Note A-4-1 Percentage Interest:	19.46199452216060%
	Initial Note A-4-2 Percentage Interest:	10.52229347738370%
	Interest Rate for Note A-1, Note A-2, Note A-3-1, Note A-3-2, Note A-4-1 and Note A-4-2:	2.83800%1
	Default Interest Rate for Note A-1, Note A-2, Note A-3-1, Note A-3-2, Note A-4-1 and Note A-4-2:	Lesser of (a) the maximum legal rate or (b) five percent (5%) above the Note Interest Rate

 

1
Initial interest rate. After the “anticipated repayment date” under the Mortgage Loan, the interest rate will equal to the
greater of (i) 2.83800% plus 2.5000% and (ii) the swap rate in effect on such “anticipated repayment date” plus 4.19000%.

 

    A-2

     

    

EXHIBIT B

Note A-1 Holder:

Midland Loan Services, a Division of PNC Bank, National Association,

10851 Mastin Street, Suite 700

Overland Park, Kansas 66210

Attention: Executive Vice President – Division Head

Fax number: 1-888-706-3565

with a copy to:

Stinson LLP

1201 Walnut Street, Suite 2900

Kansas City, Missouri 64106-2150

Attention: Kenda K. Tomes

Fax number: (816) 412-9338

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

DBR Investments Co. Limited

1 Columbus Circle

New York, New York 10019

Attention: Robert W. Pettinato, Jr.

Facsimile No.: (212) 797-4489

E-mail: Robert.Pettinato@db.com

with a copy to:

DBR Investments Co. Limited

1 Columbus Circle

New York, New York 10019

Attention: General Counsel

Facsimile No. (646) 736-5721

    B-1

     

    

EXHIBIT C

PERMITTED FUND MANAGERS

Westbrook Partners

iStar Financial Inc.

Capital Trust

Archon Capital, L.P.

Whitehall Street Real Estate Fund, L.P.

The Blackstone Group

Normandy Real Estate Partners

Dune Real Estate Partners

AllianceBernstein

Rockwood

RREEF Funds

Hudson Advisors

Artemis Real Estate Partners

Apollo Real Estate Advisors

Colony Capital, Inc.

Praedium Group

Fortress Investment Group, LLC

Lonestar Opportunity Funds

Clarion Partners

Walton Street Capital, LLC

Starwood Financial Trust

BlackRock, Inc.

Eightfold Real Estate Capital, L.P.

DLJ Real Estate Capital Partners

Land-Lease Real Estate Investments

JER Partners

Rialto Capital Management

Raith Capital Partners

Torchlight Investors, LLC

 

    C-1

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